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<br /> In Iho ovcni(5t 0�C�U�'FOkitl�01 tho Prop:rty.tho procandi;:;holl bn a��pIlod to tho sumo sacurod hy thio Qcnd of'fnist,
<br /> Wlth [h0 Oi�COSG, If nny, pC►d V(1 F]OffQWCf. Ifl ih0 UV011� OI 0(1Af(IEII(�lslii ol tho Fmperty, w�lr��r f3orrownr ond l.�ndr,r
<br /> o!`�orwiso ag:Ea in wrlting,th:ra uh311�ie oy�D�ied ta tho summ oncurod bU tivi3�)ood ot 7rust sucN praportion of tho prccccd,�
<br /> � es le equel to that proportiun whicN thp omaunt of thn eums aocured by t��ie Dood of TrusR immadlotoly priur ta tho dAtn of
<br /> ' �, . tekinp t►eare to tha feir mn�ket valu3 of th9 pr�poRy Immedi�tr�ly prlqr to t��ri deto ol teklnp, with tl�o belenCO of the pracocds
<br /> pnid to 0orrower.
<br /> ' If the Property is abendonod by�orrower,ar If,aftor notln�by l.�ndor to Borrowor thot tho condomnar ollore to moko
<br /> en eward or settle e claim far dameges,Qorrower felln ta rr�ep�nQ to Lender withln 30 days eftar tf�o deto s�.�ch notico Is
<br /> mollod, Londer is authorized to colir:ct and app!y�thc�prnr,nada, nt Lendor's optlon, oithor to restoretlon or�epeir of tl►e
<br /> Property or to the sums secured by ti►is�eed of 7rust-
<br /> • ��4 Unlesa Lender end Borrawer otheiwlse agrcfe In v�ritinp,on�r sur,l�nppllention of procaads to principal shnll not�xtci�d
<br /> srool or chan
<br /> or postpone th�due ddto ot tFw mantn,y�nstRllmente rof�rr�ci t�In pnr��praphs 1 end 2 h {1e the emount of such
<br /> ::w+�i°`' installmonts.
<br /> -.-„rwlY; I 10. Borrawa Not Rde�sod. Ex!onsfon of tha dmn fi�r pnUmant or modificetiun af amortixation of the sums secured
<br />�" • • ! by this Deed of Tnist grnnted by Lender to any o rpWar y�s u,r,cmnar9 int�rest erLenddr sthotl noteba requiredi to commenca
<br /> i tho Ilebility of the origfnel Borrower nnd B
<br /> 1 proceedin�s against such succss�or or rofuso to oxtqnd timn(ur payment or otherwiso modify nmortixetion of the sums
<br /> . � secured by th's Deed of 7rust by reason oi any de�nonci mede D��tis�oridlnnl Borra�ver end Borrawor's successors in interest.
<br /> 11. Fabsart�nes hy Lende�Not e WdYer. Antir fqrqr�arancu by lendor in exorclsing any right or romedy hereundei or
<br /> oqherwfse afiorded by app�iCeblv�ovv�shall not bo e v�oi+ror ot nr preclude the exerciso of eny such nght or remedY. fhe
<br /> � rocwement of insurance of the payment ot toxes or ocfinr Ilnnn or charfles by Lender shaU not be a waivor of Lender s right `�
<br /> �: �.� tp accelerate the m�turity af the Indebtodness secured q��thls Deed of Trust.
<br /> 12, peniscfl��Cumulntiva�. AU romedles provid(�d�this Deod of Trust oro distinct and cumulativo to any o2her right �.�'S-
<br /> ` �� f
<br />�` `.;�,.r,•'':+i '.., or remedy undor this Deed of trust ar o9Qnrded U�i ��•n or dquity, and mey bo oxorcised concurrantly, indepAnAently or -
<br /> f � successivaty. -
<br /> , 13. Succe»or�eod Asa�gn� 8aund;Jotni en�3 S��e�s�UebNlt�; CeQtlont. The covenonts and apreoments Aerein
<br /> .-,,;'�;.�,.i��. �,• contnlned shall bind,end tho righta h�reunder shall inw°e rp,�ir.e respective successors and asstgns o?Landor and Bor�awer,
<br /> :`:'��.�, ,. ' ; subject to tho provisions oQ part►groph 9 7 hereol. A11•r�:��ananES and Agroamsnts of Borrewer&hall be jolnt end soveral. The �;,'',.-'=,
<br /> •�!�, �,� cAptlons and headfngs a4 the porpprnphs af this D��:�ct'�Trask r.+r2 4or convenlence only and are not to be usod to interpret �L�,.
<br /> �'� '�"' 1 0�defino thp provlsfons heroof. `
<br /> � •.;,,.:. -
<br /> 14. Natico, Except far any nat}oo requlroA unAur applicahle�a�,v to be glven in enother manner, lai any notica to
<br /> ��.r��e;�,��,'� Borrqwnr pravlded for In this Qeed of Trusi shnll bu pnron bv moilln(�cuch notico by certitied mall eddrossed to Borrower at �__-
<br /> tha Prcp�Ry 1:t3dress 0! 9����CII OL�1Q�p��fARR FlR Hnrrower moy d�sipr�ate by notice to Lender ac provided hereln,end lb1
<br /> '���� any notlCO to Londer sh8tl bo glvan by cortlffod mnll, rr�t�em recelpt roquostad,to Lendor's eddress stated hn�uin or to such �._.
<br />-�:;•�u�� othar uddross es Lender may deslpnato by notlan to t3orrowor es provlded horeln. Any nodco provfded tor In this Deed of .
<br /> Tn�st shall be daemed to hev�been gfven to Qorrower or Lender when plven In the menner doslgnated harefn.
<br /> •14.1 "Request for Notice. Trustor arxl honoficiary reque�t that e r.opV ot any natice of defeurt end notir,e a}Rata mada
<br /> y'���� ar executed b�r the Trustee�wrsuent to tha provlslons her�o}be sent to the 7ruator end Beneflclery et thelr respective malling
<br />-��'�"�:� eddreasea�et forth ebove.'
<br /> '� 18. Unlform DNd ol Tru�t;(3ovKnlnp I.ewi B�vMeb111tY. The form ol deed of trust combinas unitarm covenante(or
<br /> 4����}�l natlonal usa end non•unlform covenente wlth timlted varledona by 1urlsdlcdon to constltute a unl}orm security Instrument
<br />;;:r;;,,o��� covering reelpfonerty. Yhis Oced o}TNSt sholl be goveined by the few�f tha Jurlsdlct6on In whfch tho Propnrty le loceted.
<br /> i�i ii�o oi�oii.iAGt:i:{ :1Y::l.^.::Ot c!'�"s^t rn►A oeed of 7rust or the Noto conillcta wlth eppllceble lew,such confllct shall
<br /> not atiect other pr�v�i7ons o}thlR Doed of Truat or the Note whlch cen be glven ettect witti�uc the coniiiciii,y N�av�s����s,
<br />`�t-�Y��'_-� end to t�Ia end tile provf3lons o}the Dattd of"Crust end the Note ero declarad to ba severeble.
<br />'_',���,� 1G, Barc►w�r'�Copy. Sormwe.r sha11 bo fumi�hed a conformed copy of tho Noto end of thls Oned of Yrust et thA dmo
<br /> ---�-J�� of executlon or eltor rncor�letion heraof.
<br /> -'-�=� 17. Treraf�r o!tM P+ro�»rtY;Aaumptlun. If all or eny pert of tho proporty ot en intores4 th�roin Is sold or transfarrod
<br /> -;�s �y Dorrower witlaut Lender s prlor wrltten connant,exctuding(el the craatlon of A Ilen qr encumbranco subordlnete to this
<br /> Dend ot Tn�st, lb)t1�e cteation of e purr,haep money security internst for haieehold eppllnnces, (o)u trensfer by devise
<br /> _:_ descent or by opert►tlon of lew upon thfl duath of N Jolnt tenent or(dl tho prnnt.of eny leasehold Intor�st of three years or
<br /> less rqt r,ontnl�xng on option topu rcheso Londa�may,et Lendor's option,dEC18ra�11 the suma securod by thls Oeed of Trust
<br /> -- to be Immtdlntoly due ontl paYeUlo. Len�hr shnfl hovo wulved such optlon to eccelerete If,prior to the sele,or trensfer, Lender
<br /> - - and the person to whom tho Proporty In tn bo satd or tronsterred reech ayrnement In wnting thet t(rte cradit of such person
<br /> - fs setlsfoctoty to l.ender and tl►et tha Int�rest peyeble on the sums securad by this Doed oi 7rust shall bo et such rete as
<br /> - Lendor ahnll roquest. If Lender has walvud the optlon to eccelerate provlded In thls paragraph 17, ond if Borrower's
<br /> -�� successor In tnturnst has oxocuied a writien assumptfon e�roement acceptad In wrlting by Lender, Lendor shall reloase �,�
<br /> - 9orrower from ell obllr�atlons undnr thfe[leed of Trust and the Note. ---
<br /> I} Lendor exerclses such optfon to s�ccaterate, Londer shall rreatl Bor►ower notice oi eccelaretlon in eccordance with
<br /> --•��� �ro_grt�ph 74 heroot. Such notico shn!t�r�svlde e porlod oi not less 9han 30 doya from the d�te the notice Is malted within
<br /> --M:�'! wtrch Borrowor may pAy thQ sumn dncttued�ue. If Borrower fpits Qm�ay such sums prior to cho oxpfratfon of&uch period. =-
<br /> -•--- Lendcr may,wlthout turther notico or damand on 8orrower,invoke any remadles permitted by paragro�hi 18 hereof.
<br /> =a NOR-UWtFORM COVENANTS. garowK and�a�dw turther cownent end�ee es 1oNowr
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<br /> :�� 18. ACCq1MAtF011;Ren�diu. Excvpz es provfded In paragraph 17 hereof,upon Borrowesr's breach ot eny covenant ar
<br /> ugroement af porrower in this Dood cf'Trust, Includlnp tho covenants to pay whan due eny sums 98cured by thla Deed o1
<br /> Tiu�t,Lender prior to eccelatatlon ah�11 mail notice ta Borruwer as provlded In paregraph 14 hera0f sAocliylnfl:11)tha breach;
<br />------ 12)the actbn mqufn�d to cure such broech;(3 e date not less than 30 days from the date the notice(s mei�ad to Borrower,
<br /> by whicl�such bre�ach muet ba cur4d;and(�!thet fnitura to cure such breach on or bofore tho dato spoclfied fn the notico
<br /> may rosult in occelsration o}trw sumn secured by thls Deed of Tn�st end selo of tha Property. The notice shall further Intorm
<br /> �`��- Borrowor af the rlght to roinstot�o(ter ecceleretlon ond the right to bring e coutt nctfon to t�ssott the non•exlstenco of e
<br /> �'� dett�ult or any other detensu of Burrawer to ecceloratlan end selo. If the breach Is not cured on or bofore the dete specifled
<br /> in the not�ce,Londer at Lendora aptiun may doclare all of tho sums securad bv thle Deed�nf 1'rust to ba Immedietety duo end
<br /> p�yeUlo wlthout turtt►er domanA nnA muy Invoko the powor of oelp and ony othnr remedles pc,rmitted Ay appllcablC Ibw.
<br /> = L�ander ahsll be entltled to colluot ell reesonable costs ond oxpenses Incurrad In pursulnp tho remedles provided In the
<br /> --- ---- parAgraph 10,Including,hut not limitod to,rcasonab►o nttorney s foas.
<br /> = If tM power of selo ts Invokad,Trustce shatl record o notico ot dafflulc In cach county in whlch th3 P:op2rty or somt part
<br /> �� tt►sn+ot is I�v;otod ond shall m�il copfos Of such noilce in tho manner proscai�d by eppllceble law to Oorrowor nnd to the otMsr
<br /> - - ----= per�oru p r a s c ri b e d b y e p pllcablti law. Attor tho Iopso of such timo as mby bts roqulrod by epplicab7�le�w,Tn�stoo shall qlvo
<br /> ____-° puWic r►�ti�e ot sato to thv ponianfl nnd in tho mt�nncsr prescribod by appli4able low. 7rusteo, wiehuut demand on Oorrowor,
<br /> - - s h a ll s ell ti�e Pro part y at publla nuadon to tho highost bldder at tha tima ond placo and under the torms doslgn�ted fn thE _
<br /> _.... _
<br /> �-� rroi'�e of salQ in one or mo►o parce ls nn d In suc N o r d e r e s T r u s t o e m e y d o t e r m i n e. T r u s t e e m aY p o s tD o n e�o�o o f e l l o r n n y
<br /> -�-= parcel of t1�Property by puUlin annauncoment et the tlme and plece of eny previousty schedu lad se le. Lender or Londor'c - -
<br /> --- -� deslgnee msy rwrchase tho Froperty et eny seln.
<br /> Upo�rncelpt of paymonc ot the pdce bld, Trustoo shall delfver to the purchaser 7rustee's deed cor+veyfnp the PropertM
<br /> °��� sold. lla iecltals tn tha 7n�atee's desd shall Go prlma tecle ovldence of tl�e truth of the stetements made thereln. Trustee
<br /> ,.:a��t sRatl ep�ly the proceads ot the sele In the followtnp order. iel to all reosonabto costa end expensoa of the sele,Including,
<br />.°�, but noi limitod to,7rustne's fues of not more than 96 of tha gross ssfe price,�cesoneUle ettorney's fees end costs
<br /> - e of Ntle evidence; (bl to all cums secured by this Dcso3-of Trust;ond(c)tho oxcess,H eny,to the person o�persona lopally
<br /> ent�tteu tnaroto.
<br /> =.��� 19. Borrower's RSpht to Nletnntet�. Notwithstandfng Londer's nccalerotton oi tho sums sacurod by!hiu�eQd of Trust, -
<br /> � - - - -' E3orrower shat!havo tho r(pht to havo any proceodinas bQgun by Lerxl2r to Enforce the Deed at Trust dlscontlrwed at any tfmct _
<br /> "��-j- pda to tho ear�ier to occur nf p)the ff}th day befora tho salo of the ProAcrty pursuent to tha powor of sale contafned in tho
<br /> -�=-=;�,�. i�,;�7 Deed o?Twst pil entry ot o�ud�ment untordn�thls Doad of Trust if: (c�1 Borrowor pAVs Lende�nll s�ms which would be thun -
<br /> .:;.:`.�+ �'� � due undor thls Deed of Trust, the Noto und notos se cu ri ng F u t u r o A d v o n c o s, i t a n y,h b d n o a c c n l o r n t i o n o c c u r r o d: (b) -
<br /> ���°�;,-�...:, .� dorrower ourea nll bre2ches of ony other covonants or ogreements ot Borrawor contnlned In t�is Deed at Trust:(c)Horrovrer
<br />°"":�'!rX�� :� pays oll rfleson�bte�r.�re��rses Irtcurred by Lender end Trustno onforclnp tho covenant�and opraomonts ot Borrowor Containod --•--
<br /> .?,��Zi;�;l�: In tNs Deed o}1'rust�tsd in enforolnfl Lenrfor's and Trusttro's tomedlea as providod fn pnrt�gruph 18 heroof,includlnp.but not -
<br /> limitcd to,teasono4lt�u2�a�rnoy's lEas;�nd(d) Borrowor takes such octfon as Londor moy rer�sonob�y raquiro to Qssure thnt �t==
<br /> �'�� '���'��a° tho Ifen nt this Dood cf Trust,Lender's intarast in tho h'roporty ond Dorrowor's obiigation tv pay tho eums socured by thls r,�;u
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<br /> ' '��•'��'%;�•`'Y�t� Dectd ot I'v�ist sholl eonrinuo unimpairod. Upun eucii puVnie�zf��i6 cure by Uorrowor,th�s Dcod ot"Trust ond the obligations r�,^
<br />-��`��� '���'`•'•�'` secured hervby shall r��rnain In full lorce nnd offoct ns if na zccolAratlon had occurrad.
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