Laserfiche WebLink
C31~s i)i.}~fc7VVf <br />A Condesrttafion. 'Che proceeds of arty award ar claim far damages. di+e*_-? yr ~ ansequential, to a annection with any <br />eondemnation or other taking of the Property, or pars thereof, or for conveyance in lieu of condemnation, art hereby assigrud <br />and shall Px paid zv Cxadef. <br />In the tvent of a total taking of the Property. the proceeds shat! be applied to the sums secured by this Bred of 7r~' <br />with tht excess, if any, paid to Borrower. In the event of a partial taking of the Prape-ty. unless Borrower and Lender <br />ethtrwi~ egret in writing, there shall he applied to the sums secured by this Deed of Trust such proportion of the proceeds <br />as is t:gttet to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of <br />taking bears to the fair market value of the Propen}' immediatety prior to the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />If the °ropcrty is abandoned by Borrower, yr if, after notice by Gender to Borrower that the condemnor oHtts to make <br />an award or settle a claim for damages, Borrower faits to respond to I,cnder within 30 days after the date such ratite is <br />Mailed, Ltrtder is authoriard to collect and apply the proceeds, at Lender's option, either to restoration or repair of the <br />Property br to the stems secured by this Deed of Trust. <br />Unless Lender and Bnr*ower otherwise agree in writing, any such application of proceeds to principal shall not extend <br />of postpone the due date of the monthly insta0mems referred to m paragraphs I and :', hereof or change the amount of <br />such tnaxalfttsents. <br />T®, goreower Not ixe-eastd, Extension of the time for payment or madrficatiar. of smortiaativn of the sums secured <br />by this Deed of Trust granted by Lender tv any successor in interest of Borrower shall not opcrata to release, m any manner, <br />the liability of the anginal Bnrmwer and Borrower's successors bt mterest. Lender ;hall not be required to commence <br />proceedings against such successor or refuse n extend nme for ¢ayment or otherwise modify amortization of the sums <br />secured by this Deed of Trust by reason of am demand magic hp the original Borrower and Borrower 5 successors in interest. <br />l1. Forbearonre by finder Not a Waiver. Any tarbear nee by Lender in cxrrcising any nght or remedy hereunder, or <br />otherwise afforded by apphcable law; shall eat he a waiver of or ¢rre{ude the exercise at any such right or remedy. <br />The procurement cat insurance or the payment of taxes or other liens or charges by i.ender shall not be a waiver of Lender's <br />right a accelerate the maturity of the indebtedness secured by this Deed of `trust. <br />12, iitmedres Cumulative. All femedies provided in thts Deed at Trust are dissect and cumulative to any other right <br />or remedy under this Eked of Trust or afforded t)y taw ar equity, and may he exercised concurrently, independently or <br />successively. <br />T3. Sucetxsors anal Asitjra Bound: Jofnt and Several [.lability; Captions. The covenants and agreements herein <br />contained shall hind, and the rights hereunder shall inure to, the rtspecuve successors and assigns of Lender and Borrower. <br />subject to the pmvisians of paragraph 17 hereof. All covenants and agreements of Borrower shall be joint and several. <br />The capaans and headings of the paragraphs of This Iktd of Trust are for com~enience Doty and are eat to he used to <br />interpret or define the provisions hereof. <br />Ti. Naske. i:xeept for any notice required under applicable law to be given to another manner. (a) any notice to <br />Borrower provided for in this feed of Trust shall he given by mailing such notice by certified mail addressed to Borrower at <br />rile Proptrty Address or at such other address xs Borrower may designate by nonce to Lender as provided herein, and <br />(b) any noose to Lender shalt tx given Pry certified mail, return receipt regtfested, to Lcndtr's address stated herein or to <br />sueh other addrexs as Lender maY designate by nc,iice to Bor~wtr as provtded herein. Any notice provided for itr this <br />Deed of Trust shalt be deemed tv-have born gtven u) Borrower nr Lender when given in the manner designated herein. <br />TS. 1lnitorrr (Teed d Trwt; S:everniiip f.aw: Sererabrtity. Phis form of deed of trust combines unrform covenants for <br />national use and nun-uniform covenants wdh iirnited variations by jurisdiction to constitute a uniform security instrutttent <br />coitwii~•reaC progeny. stile Deco of Trust shall he ~verned by the taw of the jurisdiction in which the Property is located. <br />[r thgtvene that any provision or ciattse at thts heed of Trust or the Note conflicts with applicable law, such confBct shall <br />rsot sliest other pprovisions of this Decd of 'Crust ur the Nate which can be given attest without the conflicting provision, <br />ard.to this end !hr pravisiuna oC the Cited at Trust and the Nute arc dcclartd za be severable. <br />IrL. Berrowcr's Cory. Borrower shalt be Funushed a contvrmed copy of the Note and of this tked of Trust at the time <br />of cxecutitm or after recordation hcreoi_ <br />I?. Trarter of the Property; AriutrrUor. It all or sup pan at the Property or an interest thereto is sold or transferred <br />lay Borrower withaui Lender's poor written consent, txcludm~ ia) !ht creation of u lien ur encumbrance subordinate to <br />this Deed of Trust, t b) the creatiau vi a purchase rrwnty security interest Cor houxhold appitances, t c) a transfer by devise, <br />descent ar by operation of taw upon the death of a saint tcnam or (d) the grant of any ieasehuld interest of these years or tens <br />tat containing sit option to purchase, Lender ma}, at Lender's option, declart a{I the sums secured by Ibis Deed oC Trust to be <br />immediately due and payable. Ltrider shall trove waived such upttun to accelerate il, prior €v the sale ar transfer, Lender <br />and the petaiin to whom the Property is ur t+e caW ur iramferreei reach agreement to wasting that the credit of such person <br />is satiafactaiy to Lender atxi lltat rift ttitatcst payaLilc on the sums secured by this Deed o Trust shall bt at such me as <br />Lender shall rcyitcat. Cf txrirlef has waived the aprtvn to accelerate ¢ravided itt this paragraph 1 ;,and if Borrower's succearor <br />in intareat has exctuted a writfien araumpiian agrecuitnt acctptrd tee wrong by Lcrrdtr, C-errdcr shat release Borrtawcr from <br />ati oiili toitlt under Chia CTe~il of Tt~t slid ttte ttiote. <br />lf~artder ~xart<t*cs such vWtuu to accelerate, i cuitr+ -.halt mail Borrower tnxrce vE acceleration in acwrdam:e with <br />ppaattaaggratth t4 fttreat Such at 4e<sliail provide a per~.v °'° -t t ttss than +t€ da}s Ernm ine dale the urr{ice is tnartzd within <br />wifich ~:#tr :°a_ ~, .be -----~ Wit- re.f sue. tt Isorrvwct tats so uay sari! sums xis t) the cwp.ratia-t ar stie;h pttiod, <br />Lender may. wuhaui turitier ih)trr:e ur zteii and art Bort~avt nvr,ir. an# tertu~Cirs ptrntitteit by paragraph ! S hereof- <br />)VLtN.U1rIFirRM (~OVENANr-y riurfocrer and Lender futtrrtr ~°irv~nant :.ttu agree as iaClows. <br />tY. AcceTeraiiar; IEcase+disz. Turpt as pvxiddi is pararrarr T7 hrteai, ups lllanower'-. breech oT aay .-avsawi oe <br />a~a~aw~rt ai glorrawer in tpia !)eed of 'l riot, iaicirsdittr lht co-ewark to ply wiser die say saw tucrrttd by tbia 1>•ed <br />a4)TrsW, [,eadsr pwia- to accskratioa shall mtY notke to Borrower ar pwviid it prntrryY CI bersoii sptciiyir{t (1) the <br />4roaeh: (2T the arlioa rs~uircd to cure xuch breach; (Ji ^ dart.. nos lee than J1 drys froo Ik dots the notice h rolled ro <br />Brrnawsr, by whirk such breach raiwr br riired; and N) that tailors to curs arfcli besrti oa or before the dMa ap:ci8sd <br />M the attire clay rant in ucceienliri oft the ~~ ~ hayic rrtior and riffs rit;IM io br ~{~ feaas tier to reset <br />aifaN trrtber irfarm Borrower of the ri~ti <br />toe rurr,ettlrisrss of a rlaiauM oar any otirsr deiew of Borrawcr to accekratisa sari ark. If the Drsach b oat eland <br />0o Ire balsa rice dots apesitlkd in Iht nwticc, [,arise of Leader's optga rtyy desire tstT et the saris secured by tk4 [)sad <br />e# Trfart io ba inaaad~+riy ire and jrayabk widbtwt irrtiser demtnd sad arty faeaite ire power ai oak sold say etiisr raaaadlaa <br />prerrltttd by a~itahk law. T.erdar rlirdl kit entitled to ealkct all reaaoaaWe Iowa sad eareraea iacrrrld iw prrarirt~ BN <br />raiaiadiaa prov' k this pistwrr~it tar ls.'laditM. bet riot Brritsd lo, rasaoalbia trMarrey9 toes, _ <br />H IMe power of sass 6 itveited, Trrwse n1itN record a aWke ai detarll 4i each sorely it w~ to Brn~e~ird for tlfa <br />park thseedC b itrr ~ of arch fn the rranaer prt:arrihd -y <br />olber rttraora tp~ kA*, ATitr tiro eat troth tirtae r axay ba e _ by rtppiktsb4 law. Teepee tduftl <br />~~il~~e p~r~ilit arotice ~ ark W t4s p:rsap~s sad M ilrr rernrtr prtscribsd by yyiic law. Trrsiet. witlrawt dewrari or <br />~r~rrr, sitpii srtl ~s pwrtdr4Y at prblk auction LW file itJgbsst bidder si tier firs and ports and radar the racers tiaalrrtled <br />tr ~ ttilAies nt sale is otte ar artrs errs toad la web order r Trwtee arty dstersalae. Turks qty rwgwre stele riff aM <br />of AaLt' i of tlfs CRrrsrty i7' prrMk ~ar~rorrca~M at fir tiers sad Mrtw<Y nt try prerkwraly serMaArld ark. [.arias or <br />sg tugcwr! at licit Trrtdtr f dvsiitaoal r(fa~rWh slat ~iresraterss~€ iriadryri~reir, Trw~seY <br />tisii.~+~ y rttie Tearlse'a dead >AirB ire prirut <br />eMr~ Ibs of tlit cola iw rice faNtwietit oticri ta) a aY reswrrbk soak and expcaaa of the wtle. iarhrdhrr, bw <br />~ ~ ~ ~ ~ ~ rrfre tlrr 3~ ~~ ~ '~ at tbs dtotr sale pries, r:artanatlls altartxy's ites raid tatds at <br />~ ~ ii) M aft ywirra secursi -y ilikt ifsat s~1 TrMw; red Ic) tlrs ettretr, U cry, io lire pcrrort ar pcsrgra ktraBy sailged <br />ttlndtlAlt. <br />l1~ Bsrrerrrprt'a ~ t+a Reltatrk. Notwithatandin= C,rteekr't' acstlcrauon of tier sums sc-turtd hr this l7etd cd Trust, <br />Yorrotret tthaii-leave tiie rtgiit to have any pracetd`uiga bcgutt by Letukr to enforce this Dctd of Tntst diseaminiied at <br />arty Atret prior to lire earlier to ix-cur of {r) the 6ith day befwt the sale of the Hraperty pursuant to the power of sale eontairttd <br />in this t5ltaod of Ttusi ar 4ii) entry of a jud~rt~cit eniareing this feed of Tnist rf: (a) Borroaer pay'x [,ender alt sums which wouiJ <br />b4. thEri ilea utui(tr this !Teed of 'Crust, ttha Psiare aru~ notts srcitring fiuturo Advances, if any, havi ns> screlcrativn occwrad: <br />(bj Borrower t;i+res air beeches ai any other covenants yr agittnients of Horrcxwcr contained in this freed of Trust; <br />tr) iiorruwer pays aIi rcaavnahk tapenscs inautrtd by Lender slut Trtutee in enforcing the covenants and agreements of <br />114lritwGr rtxttaiincd in tiy» Cicaxi ar Trn'<r and in Enfvrein$ f.rttdtr's and 7`ruxtre's rrarnMres as pitavidetii in ,parai(raph tft <br />tiettii#. rtu.iudaaE, ita;t tn+t lirtutrd t+a, rta_sunahis attarne.y's tars, acid (uI Barraw,:r lakes .ash act-- ~ a - d=t r..sy trNsx:nahty <br />reyuin 14 assure that stir teen of this t7erd of Tfuat. l.er€icr', itatar4t ~n its=; ~r.+F.erty .x ,,, tti;r; v. ++l=lrgais->se tr• pap <br />