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<br />I <br /> <br />hA _.-''__.*":>,,,_ <br />0'1 - UU~tH::It) <br /> <br />r <br /> <br />by tlus Deed or TrusI immediaU:ly prior 10 the dale of taking bears 10 lhe fair market value of Ihe Properly immediately prior to the date of <br />takJng, with the balance of the procc:eds paid lQ Borrower. <br />1 f the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that ~he condemnor off. IS to maIte an award or settle a <br />claim for damages, Borrower rails to respond ~o Len<1er within 30 days after the date such notice is mailed, Lender is authorized to oolleet and <br />apply the pr~, at Lendllr's option, cithtt to rtstoration or r~ of the Pr~!y or to the "-'IllS ,ecuredby this Deed of Trust, <br />Unless Lender and Borrower othcrwt.. a&l'ce in writing, any such application of proceeds to principal shall not extend or postpone the due <br />dale of lhe monthly installments rererred 10 in paragraphs I and 2 hereof or change the amount of such inslalIments; <br />Ill. ~ Not Rdeuod. Extension oilbo ti.'I1C for paymmt or modification of amortization of the nuns sceured by this DcedofTnist <br />granled by Lender to any successor in in~crest of Borrower shall nOl opcralC to release, in any manner, the liability of the orisinaIBOrlOweund <br />Borrowerfs su<<cssors in intBCSl. Lender shall not be required to commence procceQinp ~i. i-udi j,~-~~-pjn: Ui-i"~--~~ .....~-':iari(f~: <br />payment or otberwi.. modify amortiz.ation of the sums secured by this Deed of Trust by reason of an.y demand made by the orisiUl,aom,wtr <br />and Borrower~s 5ucces.:;ors in inter$. , _ _ , <br />11, Forllestuce by Lead<< Not. Waivet'. Any forbearance by Lender in exercising any right or remedy hcreunde.r. or ~~, <br />by applicable law, shall not he a Wl\iYU of 0< preclude the ..,erci.., or any such right or remedy, TIle procurement of insuranceor ~,JllIYJJI'CIltof;' <br />tax.. or other !i.... or charges by Lender shaD not he a waiver or Lender's risbt to accelerate the maturity of the indclltedDcu ~by~ <br />()reed of Trlll!_ <br />12, Remedle5 C.umeIalI...., All remedies pro,i<1ed in this Deed of Trust are distinct and cumulative to any other right or 1CIIIlldy~~' <br />Deed of Trust or afforded by law or equity, "nd may he exercised concurrently, indepcndentlyor sua:asiveiy, <br />13, s.c-n.... AJOipIBooted; Jolat.... Snftal LI1dIIIIt1; CapIloas, TIle COVdI8IIts and.....-..-herein containcodsball~~ <br />,he rights hereuoder .,hall inure 10, the respective .=" and assigns of Lender and Borrower. subject to theprovisi(>~of'~11 <br />hereof. AU <ovenants and agreements of Borrower shall he jomt and sev..ai, The' .."ions and headlnp of tho ~.of thi$~of'frtrlt <br />are lor convenience only and are not to be used to interpret or define!!1e pri)~,,-~,r:,r~f." ~. <br />14, Natieo. Ex<ept for any notice requi.",o under ""I'Wo.ahle law w ','c ,.,.. in another 11ll&IUW'. (a) any IlOlice to Bom>werproYliled:form <br />this fJeed of Trust shall t'C' given by rt1.!Jlitij j,ucli n-O[ice IT-i catified nuiii aoo~ to Sorrowff ilt the Prop.ertj ft~-Qt!ttmm'other~ <br />as Borrow<< may tkslgnat< by ""'1<'e 10 Lender as proyid<d herein. and tb) any notia: to Lender sball he IJiven b1c.rtif'Jed....n. fllt1Int~' <br />r"'lunted, tv Lendet', address >tared herein or '0 such other addr... as Lender m.y desisJWe by IlOlice to Bonower as providetl bereiD.._ <br />~i1~ pr{!'If~dro fQrlndli"l r~ of "frUM: stull! bed....~IO have been gtven 10 Borrower Of Lenderwbenaivenintbe.lJ.\8JJfta'daipIated,~ <br />IS, IJalfonu ~ of T",.I: Go...... La..:~, !'his form of deed of trust combines Unifcnnco\'elllllllll fornatiomll,__ <br />nori-uniform c-Ovt:nann Wlth hmi!:ed vanauons by junsdJ.crJon to c-OUItitute a uniform security instrument coverin. real property. nus:DOt:d of <br />fru>! ,hall he govern<<! by ,he law of the ]Urndlc"tlon lU whi<:h the Property is Io<:ated, In the event that any provision Of davM of thi$Deedof <br />fnlS! 0' the Nore <<'n!licu with ."phable law, iuch conl1kt shall no. affect other provisions of this ~ of Trust Ql" the Note wllldatall be <br />j;:wen d i'ei.1 with-om the runl1h.:ung pro\'n:ion. and to thu rod the pToYl~ion:s of the Deed of Trust and the Note are declared to be severable. <br />1(l, 1I0fY1"tfl"'" ('OP). lk.1rt;;)w-er ~hall be furnished a conformed copy of th~ Note and: of this Deed of Trust at the time: of executioa cr- <br />alter r~("dath.m hrfrol <br />17, f""",for "f !_ f'roperty; ,"-PUoa, If ail or any part af the Property or an inter... therein is soI<1 or tramferre<1 by Borroww <br />w11t",,,uf l. endel '1' pr:(l( 'Iiltn~fc:n "on:,;em, e'l~tudInj: fa} the I.~rt'ation i.)f a lien Of ('ncurnbrance subordinate to this Deed of Trust. (1)) the-craWon of <br />;~ rur1.."t.~<.e m.f)ncy ~um\' lntete\t fm housd\ojd j.Wh~. i.d ;.\ transfer hy dC'VlSC. deK"':Cnt or by opctUion of iaw U}loD tbc _m ui.juim <br />!cr~'1t or (dl t.h~ gnt..1: I:)f ;l~'f l.~asd-&.)W tIH('i'e'u of thrtt ytat-'S or I~ not l,.'Ontaiwn& an option to P\l~. lAnder may. al Lenderls option.. <br />icdAt-c all the i\J_m~ ~,-"1.ned h",- thH Dce-d '-'! Trust .0 ~ lmmed.Ul.tel)' due and payabie. LenQ.:or shaii ha~ wai"WtXi ~ opi.itin i.u ~_ if.. <br />pno: l(l the NttC ,)f tr~'j;IM. 1,end~;tfk,j the penon to 'Ythom the Property b to be M:Mdor nans-fured rcacl\aa:reement in writina that tbcaeditof <br />mt.:h pcrwn 1~ ~U.5Ja...-H)f~ tv l.alder and thaI tbe mH~r~t pa~'oI-ble on th~ !'ums secured by c.his Deed of Trusl s.baU be at such ....eas l....eDder.sball <br />r~~UPL Ii LCfidcr ~ ..an.-6;i !h~ \'~~on In ...>.-'datit! PfovJdt'd in this paragrAph 17. and if Borrower's su~ in interest hu- uecuted. <br />wntun ~Silmpnon .t.grwn('o! .a,.,;;.'t:ptni in ',l, 1 Hmg to;, L('fKWr. l.e-nd.er ~hajj :d("~ Borrower from aU obHp,tions under this Deed of Trust aDd <br /> <br />lhe ~ote_ <br /> <br />If teNter- e.'-n...,<.;o "ud, ('ptl\.1-n i:,) a~1:d('nuc. Lender "hail fIlA!.1 Borrower nO!kC' of ai':cc!t"faUo-n in 8l..--cordarh..~ with parapaph 14 ben:of. <br />~c.h nou.x ).naii pHJ\Hk iJ pc-m,JO,j Ul H'I.."It in~ ..h.ut 3>!..fu.y)- 11:1:j.->>1 ihi d.ai...; ih~ nuti~i Hi rr.a.;~d \!titmn ~hich Berrower tr...:y;:=y t.~'U!!!$ ~t.n:d <br />Juc. ;~. lk}H,),.u~'r ~.ub ~ll NY ~Ij.:h ~um~ ""nOt in ihc c:''-plrAtl'lm of ~u~h pefl00. tender ma). wnbout further notice or demand on Bon-ower. <br />m.'o,"C' illin\' rcmedtc~ j)r'nmtt~ 1:'. t'M~~.aph l ~ l)(,ft1l1 <br /> <br />S(lN-UN1Ft.)RM t....UVENANTS lkrn....v.'a 4n~ Lender further l:O\'ffiant and agrt:eaJ. follows: <br />II, \C<don_, R....-. u~ .. __ I. ........... 111Nno'. ._ Borre_', ..... of MY _ or...-t of <br />"""'"'" lall.. 1_ of Tnm, '-.. .... eo.....ts ", ...., _ d... .., .... _ by lIIIa DIed of T.... l:.ieNw prior ............ <br />>IooIl _ _ 10 lIon_ III pro._ i. ........... 14 Ioo!nof """"*'11..: (II tile ......; (21 tile """"'" ~ 10 atft .... ~ (3) I <br />d&::.:y ~ ~ ~ ~ =~!:-= t: ==- ~ ~ -= _.a...a 10 Be!N~~. b,- ~ ~ ~ ~ _ ~ ... (4) lUI""'" to care ~ <br />"'-fl... or lod_ tk _ ~ Ia tile ....... _, ....... hi ~ "f I'" _ _ by lIIIa ~ of Trwl........ of tile i'roporIy, <br /> <br />L <br /> <br />n. ~ HiIi:ii itltUtn od... BoI1"UWft of iiK riPt iu m~ alia' _~duii iiiiiI die ...aPt tv :;';-.-.j i cua.1 ..~ :v a;;;;1 =: ~ <br />~ of . _ or _, ........ lkf_ of Bo>nowu 10 IOCC:der:lioe _ sale, It tk ...... to _ C1ImI 00 or lodontN _1pIdIIed hi tile <br />_,1_..1_'...,..,. ma, _ all of tile _ __ b,UIlo ~ of T.....to be l--..llaldy II...... peyabko wIlaoII.,........ <br />- .... ..., ia.oll:e IN power of _ _ ..,. _ _ ponIlll1ed by Ipplkablr ta.., I..etodft.- be etttidd to collect all .-oaI>lt <br /><OOU _ _ _... ~.... ~~_ ia.bis parqropll 13. ltoelaclhta, ....11IO.lboolted '0, ~ .ltOI'1IC)", fns, <br />II n. ......... of...... ia>oll:H, 1'_ ..... fftonl. _ of def....1 b _II c....Ill, In wltkla tile Propeny or _ partllMnof llio<tltetl <br />- .- ... ..... 01 ..... _ ,. 1110 _ pftKriIIod b, .pp/ictblo law 10 Ilorro_r .... 10 .Iw _ ......... ...-ribetl by applicable <br />.wAItt< 1_.... of _ ti_ .. _ be"",- b, appIlQWo law, T....- -11<<....- _ of _10 tile......... ....In tile __ <br />~ b, ~ la.., r_. _ _ Oft .........., _ oolIllw I'ropet1) .t pablk a_ to t"'ltItJMot lIWtIer., tile d_ <br />- ..... - -- n. 1_ ......ted ia 1_ _ of .... hi OM .. ...... ptUTds ODd ill .odI "rde< ..r...... ...., cIetonnlw, T......... may <br />_ - af all or ...y pam! of lk Pr_ by pIIblk .___1 ., ,... tl_ .INI pIaco 01 ..) Pft~ ....-uInI _, 1._ or <br />I........'...... may lNI_ ...,,""""" .....,_, <br />{'_........ of ...,_1 01 tlle pritt iIld. T.............. _.or 10 I'" ....rc_ 1'_,...'. _ .......,1.. ,Ik Pn>pert) .oId, TIw rtdlah la <br />tlot f_'. _...... ... priaa ,_ ..Ide,," 01 IIw Inllll "f 1_ Ita_a....... ._., T_"'" apply ,.. __ of t'" _Ia Ill<- <br />I................, 1.,IOIlil_............_ol..._,llldtt4tac, bal nolllllllloG 10,1......""'. f....~I.Ill_ .11.. " " <br />m rile '""".. ~. ~ ~', ,en ... U-.Q. 0: il,it- "'__....~ fb., w d suQli ih-vrrN b, tt.:~ ~ af ft"Ut: aad ~rl tbt- n.l'f':U, ,t <br />.... 'n 1100...-.... _....at __ tl........, <br />19 ~.,.<.. JlJ:ttItt ... .....u.. Nt,'j;,."th1.1a.ndw. 1 ~~t1-d"f'1"'~ ,~~,-dr-r,-UI..)n ~"1 ,h.e- '!<UH1.\ ",c;,:ur('ti /:1" rhl\ T)"~l nt rnl".l. Ih1ffl}vo,("'{ ,,-haJj h~\(' <br />'!'-..t~ ti.Jdlf tf' h""f" ,.1'1" r~:p,-I\:'~;hnil'" ~.l,m t~" t ~'nd{"'" 'I' f'nfnt..t rhl'; 1~v.d '.~t 1 !I....1 j!..".-onHntJN a! Ml\-' !lll~(' i-....nc~f 1,\ ,he ~ath~~ tl} U,.,.:~n <br /> ilt (d lilt' <br />'.ht:l ~l~'i"~ ;rrt"' ~~k 1'1 \tw'" PT~-.pnt't f't-tl!i;l.-Uil.rtt H.~ lh('- PiJ"!~f of -...it" -;;i.'>I1;~rni'\:.l;n 1hn L~ ,." !n,1~l \,:, (HI rT\ln. ,of J1 IlHlJm~llj t'lllmoftit <br /> {ht>. <br />l~ ll'-I__n .'it} a.J'r~nlll---n N'l"-! .;-tttk, :ail ',;~m.. ~hi~b IIo-tAlhJ t"'t i!1.t'J\ 'lithe: '!n-d~ l~lj'''' !Jioee<-j ,,~ l'll...;, (b.( ....{It!. ,Jnd n,}lf''\ '\'\Uf\Jt~ l <br /> (11\11(" <br />