Laserfiche WebLink
<br />82-(){J26~~ <br />9. Ceadearrratfors. The pna:eeds of any award or rlazm for damages. direct or mmegttential, in connection with any <br />condemnation or other taking of the Progeny, or part thereof, or for conveyance in lieu rf condemnation, arc hereby auigned <br />and s1uJi be paid to Lender. <br />Ip the event of a total taking of the Property, the procecdx shall be applied to the sums secured by this Deed of Trust. <br />with tht excess, if any, paid io Borrower. [» the event of a partial taking of the Property, unless H»rrower and Lender <br />attietveise agree in writing, there she!! the applied [o the sums secwed by this Deed of Trust such proportion of the proceeds <br />as is al to that proportion which the amount of the sums secured lit' this 13eed of Trust immediately prior to the date of <br />takiiZg 6eara to tt~ fair market value of the Progeny imtrtediately prior to the date of taking, wieh the :valance of the proceeds <br />-paid to Borrower. <br />If ffie Fropetty is abattdaned by Borrower, ar if, after nat'ece by Lender to Borrower that the condemnor offers to make <br />an award or settle a claim for damages, Harrower fails to respond to ta•nder within 30 days after the date such notice is <br />tttailtt;d, C.tntSer is autltoriztd to collect and apply the prott~eds, at 1-e»der's option, either to restoration or repair of the <br />Property or to the sums secured by this DeeA of Trust. <br />Unless L.endw and- Borrower o[tneravise agree in writing, arty such appikahon of proceeds to principal shelf »o[ extend <br />orpostpone ttse due daft' of the mxmthiy instatlmenss referred to in parngraphs i and '_ hereof ar change- tht ~mouni of <br />stsrh imttttlments. <br />iA. Boer>eaer Not fieleatad. Extension of the time for payment ar madificatian of amortization of the sums sec»red <br />by this rJeed of 'Trust gta»itd fry L-ender to am strceessor in interest of Aorrcrwer she!! net operate to release, in any manner, <br />the ttability of the original Horttrwcr and Harrowers successors in interest. L.cnder shall not tie required to commence <br />s ixeedings. agairtsi utc6 stleeessar ar refuse to exienci time fc+r p yment or otherwise modify amortization of the sums <br />secured by this Deed of Trust by reason of am demand made by the angora! ttarrawer and Borrower's successors in interest. <br />i 1. i?orhrtvaeee by f:eader Nu a Wafvcr. Any forbcarancc by Lender in exercising any right or-remedy hereunder, or <br />otfferwist afforded tsy applicable law, shelf not t+e a waiver of or preclude the ezerctse crf any such right or remedy- <br />The pttacurernertt of.insurance ar the payment of taxes or other !ions x charges by Lander shelf rot be a waiver of Lenders <br />right ro aaeleraze the maturity of the indchtedness secured h+~ this [Xed of "trust <br />12, AemetMes Cutwalativr. :11# rcmtdies provided sn thus t)crd +af Tnsst are distinct and cumulative to any other right <br />or remedy under this Deed of Tres[ or afforded F,y !aw tar eouu}', and ma} rrr ezer:ised concurrently, independently or <br />sttccessivdy- <br />f3. Succetwors ad AtwiRro Beusd: Joist and 5evrrai }labftNy; ('aptiawc Thc revenants and agreements herein <br />contained shall bred, artd the rights hereunder shalt inure to, :he rrspectrve +uceesson and assigns of Lender and Borrower, <br />subjec! to the provisions of paragraph .? hereai ,0.i! covenants and agceemrms .it }3ormwar shall ix joint and several. <br />The eaptiora oral headings of the paragraphs of this Deed ,t Tnts[ .ere sat ronvcnience only and are not to fee used to <br />intecrpxet or drfitte ilte provisram trcreof. <br />14. NaMrt. E.aeept tot any Herres required ;rn:Ier apphcatrte law to he ~ro~cn ,a snot»er manner, tat any notice to <br />&irrawer providrxf for in this Decd of Trust sha31 tae given by marking such nan~c hF rentfic~ r:tail addressed t» Harrower at <br />ttu Property Address or at such other address as Horrawer rna} dcsigtsate `'} notice to i.ender as provided herein, and <br />tbi any notice to Lender shall lie given Fay certified maiF. retrain receipt regtrestext. to Lender's address stated herein or to <br />such other address as Lender may designate try notice to Aorrower as pmvtded hereto. Any notitt provided for in this <br />Derxf of Trust shad he deemed ro have hcen given to Horrowcr ;rr Lender when given to the mantrcr designated herein. <br />1S. Uw~~ra Deed of Trap: <ieternhM! i.aw: SevrtafriTHs. I`hs form „f ~tecd of trc,t .omfaines uniform envenoms fee <br />nattopat use and non-uniform cavcrraurs wnh imued ranauanz b Junsdietiaa to ramtttute a umform security instrument <br />crovtring rent pr»peny. This Deed of Tuts[ shat! he governed by the taw crf the }urtsdretion .n which the Property is located. <br />lp the crept JtUd any prov+sion or clause of thus Deed of Zntu rrr the 'siote :entries with applicable law, such conflict shall <br />ntX afl[eet othw..pprronstans of ttli8 [Xtd of Trust o; the *tote which can hr green effect wrehovt the canflieung provision, <br />and to rhos epd tiff provisiorp of the I}eui of f;ttst and the Vote are declared to M severable. <br />li. Bartasrlr's Con;. Borrower shalt be turn±shcd a .:antormcd ..upy <,i <he Notc and crf this Deed of Trust at the time <br />~et-eawetetiap crr.,a[fer rtxordatian hereDi. <br />i1, Tooter of tlepegperty; AlreuaeptLsn. if alt .+r any part of tfre }'rot+rn•v rrr an interest tfzercrn ,s said or transferred <br />ny Borrv+ver wsthaui t,.ettder's prior wntten cantor- exctudmg { a? she createan e~f a hen ~sr encumbrance suliordmate r~ <br />thss Dead of Treat, tbl the crealton of a purchase .rtonrs x -unty° merest tar house_held tspphances. tc 7 a transfer Fly devise, <br />dens,-ctrl or by ut.~taticn o: Faw upon zhr.dcash .,f :r ;:,e^t tenant t+, .;i } rh: x:art nt ;:»y Feasehoi;I interest c:f zttree Years ar less <br />trot coniatneng an option to purchase, !..ender mav, at [.ceder-> csptian..lerlare aF! tits sums securr-d Fay this Deed or Tnts[ to Fee <br />+mnrediately due acrd payable. Lender shall hear ~aized siuh aapts?er tar a.-cclerrte tf, prior to the safe ur transfer, Lender <br />and the pertwn to whom ttx Property is to !tc sa{al ar :raasfcrrcd teach agreement ~n writing that tFte credit of such person <br />rs satisfuzory to Lender acrd that the interest payahtr ~m the sun:, urirrrd m this Deed of Trust shalE tie at such rate as <br />finder t~iull rcgttest. tt l.ertder has wavr'a1 the L,ptrEm to ac::efcratr prcvrdrd itt this paragraph S 7. and if Horrowcr i successor <br />m vntetrtt has ettecuted a written assumptwn agrcenacnt acct; led rn venting by #.ender, Lender shall release lorrower from <br />alt otaLipttons under this E3eerf tit Trust and the Vote. <br />{f Lender exercises such opion to xccierate. Irnder ,ha€3 :Hari tictrrc+wer notice cat acceleration in accordance with <br />paragraph t4 hereof. Sttdt notice shall provide a penaxi ;~t Hart feu than 7t} mays from 4he date the notice is mailed within <br />wk4ch 8orrawer map pay tttc strrzrz declared .iua if Aarrzr++er fatiz t.: pa+ ;uch sums poor to the reptration of strch ixriod. <br />Lender may. without funkier tttHice ar dcmami :ne lfarrawer. ,nzai,e any remedies permitted h} paragreph V g hereof. <br />tiaN-U xtroaaw Cavxr+rtarn Aornrxa.,' grad t.tnder ftntfxr covenant a:td agree as lanffows. <br />tfL Acavrkrwliew: RetwrAka. krrtYpl r6 provided is paraRrtytt iT hereof, tiger !lorrazsrr's breach o[ any ravewaal or <br />afirtertsent of Borrewer Is tits Dee! tit 'feast. iarludfag else coaetttteMS to pay srttta due aay sum secured by t:k Deed <br />of Trt~f, iaasdrr goes to araziertNiee skive!! tart! smtire fo 13orrowre ~ prosidtd u psirse(rapl ti fterret speedyiwg: (I) tle <br />bturclp (29 tle artirw rr4utred to curt swA !troth: t3) s dace, trsn lots tktus JA days from the dose tle troticc g nsaited to <br />Bostosws, b wititl sack !reach twtwt be rttrd: atad tt1 flat faAure to evert surfs breath oa or before tfse dale specified <br />fw Ilse ttaNce may' eesedl is ticreleraeiaw of tYe sastm sere,~ed by ttds Herd tit Trtsp aed sale of !be Property- Tlx notice <br />slaty EuttNsu itefunw Burrower of tltt rftlt to retnstrte aftti arcetersuiow aced the riry#tst to ErriaR a court action to assert <br />tle twrw.atWewct of a ddauN or awy teller defewse eaf Sarrowrr to aerefnalise and sale. If tlr tlreul is trot cured <br />ou o ldtxe tfar dale specified u tle police. Lender ~ Leudcrs op>ioa try decirrc tVi of tle saws strttred by this Deed <br />of Test u ik IanwdhMtly due awd payable witteour farther dernawd a~A trwy iavtdse tfte power of sate tt~ t®y otter rttrsedfes <br />pratllilYd_ fry appNcaik teas. Lewder sltaN be rrlLNed ra coHcci sd1 reasonrbie cells atsd rxpeases ircurrtd io parsuity( tfre <br />etaredies prosidN u tisis paratteapl !tl, iuriadlq(, but twtl GtrAtxd to rrasawrbk trtoruey's lets. <br />If We a( saleta iavdtsi, Trantrr shsN treord a stotitx of defaaft it tech votively iw w)tial the Property or serene <br />purl tlsersuf fs laeufed asd s1rB assfi ropirs td suet entice Nt tle maeaer prescribed by appfiatM& law fe lorrower and to the <br />atttet ptsrsaas pneeriiud `7 tippticalle !atom, Aher the lapse of serch fuse r tort' It squired fly appilcabit lass, Trurtee sluN <br />ptaftlkc wrdce of sale b ifse persaws aced u tlr rttetswer prescribed ly appficttbfe taw. Trttsteq withoau demrnd ae <br />~nrr, slatB seN Nee Prspertg at ptellic auctiaw to tle liRttest tridder N Ile cave asd place acrd Hader ffse terser designated <br />i• Net artfNtr of stile Yr oral sr atrttrt pprcck aal is such order as Trttriee soy dtrtertiaue. Troue tray poalpeee sail of sd <br />ar awry prreai of for trsytMX b! puittir awetwrcttaewt at the tune awd piact d try proriartaty scbedsdrd stdr< Lender or <br />l;,ettdar's velar purcftauc qtr Properly >W awl sale. <br />ttit~ et praywsesN ~ tM price bid, Truster sbf! tM4ver to tle purchaser Trupae's deed coaveytag tle Pre>trfy <br />striA. h! tfte Trtarlee`s did vtbp tae peiasa tscie esidewrr el lire trill d flee sfaeemeula shade tbetele. Trapee <br />t~ a Hle t$ dsr silt iw t!c lesBosa~ order: ts1 to aN rtarosuthk rests and rs8etasrs of the sale. fucfadlssg, trot <br />isat Banked tat. ~ tttas ~ use roast elm _ _ ne of tlt g*~ sale price. rtasosable atrosaey's feat and rases of <br />tole atees fbl to off somas mtarrd by tl3s fJett~t-tP'I rwsi: awd (c) the tsceea, N uy, to Nse prrsen er perruas leRrBy ewtYied <br />dneebe: <br />{~: (lutra+pts°s1RlBltlulabe. VWwetMtamleng I.rnder's accclrratian crf the sums secured try thss Died of Tn:st. <br />lttorrower shalt tsave the rig1H to kraut any ptoeerdings hegzt» by t_endtr to rnfanr this i?ecd at 1'ntst Disco»ttnrerd ai <br />goy time pzM# !r: t'he.e.sxlnser ;b ascot :ef it) the fifth dap hcfare the salt eat the Itroparfp purasiant so the power-of Bait asmatncd <br />#r this Drc-efcr( trust eft fii} rtttry ref a }tui nt enfwring this L;rcrd cat Trs,st sf: 1a} Barrawrr pays Lender all sums which watdd <br />tx tiaen due- uttsfet iftis t~rti of "lrpst, itsr rwirvice attd earns sir trittg F'atturs Adransra, kf any. hall no arrrtexat>ti» cacsurted: <br />flx} )iotrirw~ sutras slf t+te~tp.~s of any rxhttr ccivcnants sat atyrrrnrtrtts crf Hcrrrowrr ccusuirrrd to this Decd of Tntst; <br />(si BtNrsw~ pays all rrastxnablr exprnarz itrcurxe~d by t,estdrr oral Tntster t» enf~trrmg the eovenatris and agrrrr»tnts =?f <br />8vrsttr tiaMNaltsed-'in tt»s_17rtd rff Teeat and i». rraforeini( L.rtrcle)`s. and Tru~stcr's rrnsedles as prava'led in paragraph 1 K <br />~. inrf;rtlitsy„ ts~t eta! 3iz~niLtd fta, rraao»attle att~rtry's rtes. arrtf till 9arntwer taffies srtrh actrc:n as L,t;ndrt neat' reasonahty <br />xtrtar€x€ fo itswrs ttsaR tits frtn at this i?saJ zit `fault. F e#tiisSt'vrnlutis! in the Property and Hc+trower'z .>btigattrn tea pa <br />