Laserfiche WebLink
<br />82--(~t}380E <br />4. Condemnation.. The proceeds of any aw and or ciarm: for damages, .direct or consequcmial; in connection with any <br />condemnation or other takingofthe Property, or partthereof; cr far conveyance in (iev of cohdemnatian, are heretivassigned <br />:and shall he paid to:I:ertder - <br />[n the event of azatal faking of rice Properiy,.the pn+ceede shall be applied to the sums secured by 4his:Deed of Trust, <br />with the excess, if any, paid to BarroH'er. in the .event of a portal taking of the Property, unless Borrower and tender <br />otherwiseagree in+x?rieing, thereshall}x applicdtothe sumssecured M}':his: Deed of Tn+st such. praptartionof the proceeds <br />as is cqua(to that proponion which the amount of the sumc secured by this Derd of Trust immedtatety prior to the'datepf <br />taking lxarsta the-fairmaTk.et value of the Property immediately prior tq. tFiedateaf taking, with the Etalaitceof the proceeds <br />.pant to :Borrower.. <br />If theProperty'is abandoned by Borrower, ar if. after native by f enderta Borrower that ehe condemnor ogees to :make <br />an award'or settle aetaim fordamages; $cr aver fails to rrsprnd to i.ender within 3(i days after the date such notice as <br />- mailed; Lender is::auiliorized io collect and apply the proceeds;': at i.endgi's aption;:.either 4o restoration or repairof the <br />Propertyorto thti semssecuredb}' ehisi?eed of Trust <br />iJnlessi.cnder and Borrower otFrr~+ise agree in w~r:ting, any each appifcanar,af'proceedsto principaishall not. extend <br />or postpone the duedaie of themonthlyinsiallments referred to to paragraphs t and 2 Hereof archange the amountnf. <br />such installmenu. <br />lU: BorrowerNot Released. Extoncian of zhc time for payment ar modification of amertizaeion nfthe sumssecured <br />' Qy this Deed of "i'rustgranted by i.rndcr to arty ntccrssor ir, intcresi a` Barrawer shaft mrroperate is release,rn any. manner; <br />' the liability of the'vr{gina#Borra;ver ittd Barrowrr's succcssi?rs ~n intcrett. Lender shall oat he required to commence <br />proceedings againszsuch sesccecsvrcrrrcfusctca extend umc far payment-or atherw~se rnndify amarttzaUO^ of the;sums <br />sect[red'hv thisDeed pf Trust by rea.v-eaaf env 3rmaod made hi the original.BOrrawer andi3arrower'ssuccessarsin interest. <br />TL: ~Forbeantrceby Lxrrder Not a:Waiver. tint forbearance by Lenderin rxercisingany right or remedy hereunder; ar <br />otherwise ~tforded lay appfica)a€e .Saw, shall not !?r a waiver of or preclude the exercise of any such right or remedy.. <br />The prrxxurement ot"".insurance er thepaymrnz of taxes c+r c?thee liens or chargesb}~ i.endersnall not be'awaiver of f.endtr t. <br />sigh[ to accelerate tAemaruriry of she indrhtedness secured by this Died of Trust. <br />12.: Remedies Cumulative, .Alt temediec pravidul m this Derd of Trus? are:distincrand cumulative to any other:ilght <br />or remedy wader this Decd o: Trust or atTurdcd by law or egtiity; and may be exercised rnncvrrenily, independently er <br />sucrtssively: <br />t3... Socctxsotts and Ass;•~a Bnurtd; )Dint aad Several I.iabiliry;. {'options. TFic covenants and agreements: herein <br />contajnrdshalt hand, andtherrghes hereunder wh:ii{inure ta.:hr rrsprctivr succeswrsandaccigm of Lender and Borrower. <br />' subjextta theprovfsions ofparagrsvh I % hereatAFI covenants andagreements of Borrower shall he joint and'severa! <br />"I'hccaptionsandhead{n~;of rife paragraphs of ttsis Dcrda€ Trust arefor con.~eniencevnh'and err not to he used to <br />interpretoc da6rar the prvvrsions itereaf:.. <br />f4.:Noticr: Eauept far any net+cc t=gutted under apphcablc law. ta,fx gtventn anothermanner. (a) any noticet~ <br />8orrvwer pravidediar in thsDetci ofTrust shalt laegivenhymailing such notscr b}'. cent5edmai1 addressed to Borrower at <br />the Pr~spcrty Address vratsuch ntheraddcessas.Borrowr.• may. designate hY nottcc m.Lcnder as provided hrrcjn;.and <br />(b) 8nynotlCG fa t.Cnder.ShailiDe geVen. lay Cerllflrd'matl. rCtUrn'rPxerp[.regaCCted,'. to LendCr'S addteSS slated herelR: ar t0 <br />such other address as Lender may dcs.gnaie by notice. to Borrvwtr asprav'tded herein. Any: notice provided for:in this <br />- Deed. of: Ttusa shall he deemed to have been grvcn to Borrower ~- Lender when given in.Yhe manner. designatedherein- <br />IS. Uniform feed of 2'rtrsr;Go>`•erniagtaw: Se rerabilily.lh.~fornt.atdced u(truatcombinesunifottn cavcnantsfor <br />natjonaLuse and nor uniform covenants with hmired variations br ;unsdretivn 4o canatitute a unifomt ses-unty instrument <br />covering real ~+rvner.r. "this Dced of Trust shall '?e ~a~'rrned ~~ the law of the jurisdiciron in which the Properly is Icacated. <br />: fn thecvent that ,tri prcJV;tivn ar elapse of this fJeed at'i'ruat or the Ntitc'canflicts'wiih apy2)icabit law, such conflictshatl <br />oat affect other prc.s„+nt ~,*f the LXcs1 <sf "I"rwt or the Noir which date tit given ~eYlect without the conflicting provision. <br />and to this end the provistatzs of zh: t}teci"of Trust and thr ^lpte aro declared tea he severable: <br />ta<.Aarrowcr', Copy.Borrowcr shall br{urrrished a evnformrd rap}' cif theNatc artd of this Dted caC"trust atthetime <br />of execution or alter recordation hermC. <br />lT. Traaafer of the. Proprrsy; Asaumptlow, ifafi ar any part of tfic Prrperl} ar an inten.~sttheretn is sold or Iransferreu <br />tayBorMwcr withatit Lender's: poor wrrticnconserit, eceirxi:ng lal-ttte rreattan ofa lien arencumbrance subortlinate tq <br />: thlsfhedaf'iewt,ih}:thecreaiivn of aputchase mane} sesuntymtrrest far noturhnid appliances, (c) atninsfer bydevisc. <br />dcsceat ar by c+perxtion cat (aw upon the de'ith of':. }.?int tenant or F.d) [he grant of any leasehold isricrest ofthrec years or leas <br />pal cWi~ain,ng ar iaptian to purchase, i ender may :~t l rnder's upur"^. declare ail theaurns secured lay this Deed nt Trust to be <br />imrttedlatctc ~hx anu payable, tender shall base urlved web apt.an a, ac.elcraldit.`prior tu--the said car iransfeq .Lender <br />arKl t}x pcc,np i:~ whom the Property is t~ tx sofd c,r ~runsferred ~caia: agreemxnt in wntrng that the credit of sitchperscr~ <br />is satisfactory t;. t:erader and that the inzertst yayal+Ie on the sums sc4;vreJ by this Deed of-Trust obeli tx at such rate as <br />Lerakr shall request: !( Lender leas waived the option eo accelerate provided rn this paragraph 17,and if Borrower's se{ccessor <br />in enteral has eae+=aied a written assvmpiion agreement accepted m writing by lender, i r:tder_shati release Borrower. from <br />ail ot+tigatinnx under rhos feed of Trtnr and zhe Note. <br />if [,.ceder +cxenises such cipxwn tta aceierartr; under shalt ma+f Bcrrrawer notice at acceleration in a«ordance wirfi <br />paragraph ld hcrevf. Such irafcar shall pravrdea pucvd o! n.at ic°ss than.Jl) days from the date the notice is mailed within <br />wti~ich Barrowcr maypay thesums drelareddue. ItBorrowrr tails to pay such sums priariv the rxp,ration of suchperiod. <br />[.ender ntav. without furthcc notice yr demand oh Borrower, invoke any remedies permuttd by paragraph 18 hereof; <br />NrY;v-Ur+izvaal.:Cavt:dtitsrs. Borsowrr and tender fur hcrctavenantahd agree asfoilows: <br />Ig.:Acceteratiu~ Remedies. Except: ac providedin para~rapb IT.bereof, upon. Borrower'sbreach of: any covenaol or <br />agreemaal of Borrower is ibis Deed ai'. Trt~, including the. irovenaMS. ta. lay. when due anysutas aerated by this: Deed <br />of Trutt. l.eadetprior to acceleration spell ata0 iroticr to Borrower as'rovided iapangrttpb. 14 hereof specitying::(1) the <br />breacY; t2) the series rcquircd to cure xaeA Oreach;'t3) a date, not lets than 30 days from the date the notice is mailed Yo <br />tiorrower•by which:sncpbrrach mnst.6erured,and (4) thatfadre tocuresrich:brearhonor beforethe datecpecified <br />in the notice aray'..restdt inaccc3er>.twan :ol the samssecared. by this Decd of.Trasi and sale of theProperty. Themctice .. <br />slnll Yartber latonn:Borrowerof theiitq~ht to..teiaslate aftuaccetm(issard theri;tht fobring acourt-action to-assert <br />the non-esigencr of a driartt or pny'MAcr defetnce of Borrower to aeceler•Wioa and salt. 'tf tktebre>zch is floi CnRd <br />- on or before ttte date. sAec)fitd:. in the notice. Lender at ftndec's option may dtrlare sII of etie sums secured by this Deed <br />~. of Trtut to6e immediately doe-aed:pay'ahle withaattartherdemaad andtrmy invohetbe paver olsale and nay other remedies <br />petmktsd 6y arptiraLie law;-:Leader shaII.be entitled'to'cogett aII rcasosabie costs. and. expearfes iacncred in punuinetite <br />: remedies-provided is thir, paragraph tu, (ncttad'ws~, bat-rani IImited to. rcasouable attoroeya fees. <br />Iftirc power aisale is iavohed, Trustee sfaB record a notice of defstsH is each. county in which the propertyur some <br />' putthetxvtfislocatedaadshaBroaileopksofsuchtrotictleI~emaanerprescn'bedbyapplieabklawtaBorroweraedtothe <br />aiarrycr.~rr.prescn'4edbyappttcaliela«: AftertfKlapsrotsuehtimeaSmay6eregtruedbyapplicabkiaw,Trurieesltatt <br />gtvr prrL:i.' notkctd salt. to Nte persow and inthr rtranna. prescribed_:by: appiicatile law. Trustee, without demand un <br />- itunower, .Itali atll the Prapeityat publksuctioa to the biRtertst biddy( qt the fimeand place and under for terttrs des~irafed <br />in the notice of talc in one ex more pnmeb aad in sorb order as Trostee may defermirre. Trustee may postponesale of aII <br />or env parcel of the Fropert7by. public aarrouncenreM u thrtimt andplace of 'any'. prewiotuly sctredutedsa2e. ixnder or. <br />Leader's desiRatc may parchre lice PropeNy at any sale. <br />['pan rereiptof psytnealof the pries bid. Trustee shell deliver to #hc purchaser Trustee's drmd canvyeyirtR theProperty <br />wtd. TM rrckatc m [tw irverees'decd shag be prisxa facie evidence of the truth of tfie sta[emenfs made .therein. Trustee <br />'. sinatl apply lice proceeds oFftte sett ~ thefotbwingorder. (al toaa°f rewtoaable rostsand expenses of rice sala,..iaciudirrg,:but <br />nab limited to, ~iru~cte s fees o['aol more-tka~~ ~~44' - rJ£ ? '*3 of tke' );roSC sate peite, reasonable attarrrey's fees ant( ros[s of <br />tftk rvideacc; €b) to all sores termed -ythk tJtrn of Trust; and Ir) the ezc-est, it ant, to the person or persom IeRnlly entitled <br />_ ~ ttscreta. ... ,. <br />19. Borrrwer'c Ritiht to tttin>:latt. Natwahstandmg i •ndrr~s i'tticr~t•on of tilt +um vccrrr~ci b}' thi! Decd a[ "l`rust. <br />8.,. rower xbalo ha.-c- .hc ngha to ha+r a'•y R: cseec~rtk QaeF;:r, hr ceder t.~ ^nfo3'ee rhea I?reu of Tnt r~ ,io ~..nucu at <br />a V t.rrrs p' ,-~ Lh< carl.c co Y .:r , f l:i the fifth ,lap before tic ~,~ zf ; c 1'ro;*e.^.y prrrs4nnt ,c the;n..r; ~,i sx;c cc?niamed <br />- rt lhes LSer:r ,{ ri nr+ n; a enL-p of a rsidgmrna cnfnn.'rng ihlc 17ccd f Trvr+; :. s, F,,rro ~~r par + t .. .r?I suit „!,,rL a ~nld <br />ty rhea 4ee ,~.x!rc ':~:. Ihcu of 7: u4r, the 'S n.r and nr uc ~, ~. ... td,anr r. - f ^}. ' .,. c~c r:'d: <br />- it a, n,.N,r _,c~. ..-r 13 h, >•sch~-s ;S 3 ta~.r -;r~cn~ _, r icn+. .:,nr r.a r 2n+.4 'h:, [k.l :~~~~1 r;r.l: <br />- _ - ,. ,_ <br />,r tt -rc N .a;, ..:% r.:~~rr.~titc ~,prr set, ,..;r red h L.-.. f..~ a ,. in :.~_ , _r ~..~ ...~ t- _.~. r,~ ri _ .. •ar.;s ref <br />v <br />i., ..C _ i. =,.c,~ •.. i !)re_t r,t T7u..: a _ ~ ..c; .~~t L _ J.vK ... pr ~. t:',,;,~, i'$:. <br />' ,.c ,: ~ .. . r - a. <br />t. .,,_ s~ r., rto! :a r' r s ~, an.l ...... 'akc; sx. ` aiUCn es 1 .. - s. ~,- .. <br />_ .,, a., .. _.. .;1 2t--e tJeecl s, s.,.. l =c p'~ mtC•v,,. ~. ,hc Po --r cud Apr+...~~. ~ p.,y ~ ~v <br />