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<br />, �� m tha evem ate���a�A;ek4 of tha Ftoparty.th�procseds sRali be a tied to tRe sums sesurad Qy thls Oasd of�rust, • ,•;'_��
<br />`� ?� .. .�_.._..�..�..P� ..•.►,�a,��.�,..u�@orrovlQr end Lendsr ' �
<br />,-�n.�{�� With th@ OXG98S. IT 811y.F810 i0 a07Ia1Yei. nt uto"o�v':.'s v� o yo...�..��..�� __-__.- _ .
<br /> other�vise agr�e in wridrx�,there�haH be applied to tho sums secuped by this Oesd ot Trust sstch pro�ortion ot the procesQs
<br /> as is e4u�s io�the fav�mrket va�e of the p�aparty mmed:atefY D or to the d�e o4 tak ng�with he bsl�ance of Me ptoce8�s : , • '
<br /> � a .�.1�,. �� ',.
<br /> p�d o Burrowet.
<br /> If the Rrop�rty is abandon�d by Eoaawer,or if,8fter na4lce by lender to Borrower ihat Me condemnar afters 3a maBe x �^—r-�.--==.-��=�
<br /> en award or sett(e a ctaim tor damages,Bonovrer faiis to respoad to Lender�vithin 30 days after the date SucA noUce i9 � �� ".�;: `.
<br /> mailed, Lendar is authoriied to coitect and apphr ths proceeds,et Lendar's optior�,either to restoration ar repair of ths ' ; F.• ��' ,,� ,
<br /> Property or to the sums secured by this Dead of Trust. , ,,.:'.-;;`-,�
<br /> - Uslass l�ender and Borrower otherwiss agree in wriiing,any such bpptication of Croceeds to principal shatl not extend
<br /> -_- rrr�a_�na ehe ave date af ttea momNy installmems reterred to in paragraphs 1 and 2 hereoi or cteange tha emount af such _ _ _
<br /> ,� instalfm�. . �—. ,.- .
<br />�.%. 1Q. (�acca:sroc l�¢¢[���ased. Extension of the Ume 4or paymani or modiTpi+an of amani�ation of the sums secured . � „ _
<br /> by ttis Q�af n?Trust grerfted by Lender toer►y succassar in in4etest of Battower shalt noY o�erate to retease,in eny manner, ...v:;,..__,_.,.--..
<br /> the lia@iG2y of the original Bonowar and Borrowers successors interest. Lender shatl noi be required to commence .<.: :-x �-_'; .,s.,.-�::
<br />,-:s;:` proceedings ageinst such successcsc oe refuse to extend time tor Rayment or otherwise modity emartization of the sums :. ,:'� ;°. ' �-
<br /> secured6y tNsDeed oi Tnut by reasan af a,ny Qc�rnand made by the odginal Boaower and Borrowe�s successars in�nierest. --� ���;:�.�;;,ti,;_
<br /> 17. �aaQ�arartce by Lendes No4 o ttJth��. Aa�fnrbearance by Lender in exercising any righi or remedy hereunder,os A,�
<br /> otherwise aHorded by applicabte taw,sha 1 1 not Q�e waiver of or preclude the exercise of any such right ot remedy. The
<br />. p r a a u e m e n t o f i n s u r 8 n ce o f t h e p aym e n t o f t a x e s a r o Y h e r l i e n s o r c h a r g e s b y Lender shall not be a waiver of lende r's right .���'�'
<br />. to acceterate the maturity of the indebtedness secured by this Deed of Trust. � "_��--�=°-_
<br /> 72. Ramedtos tlimu7attva AII remedies provided in this Deed of Trust are distinct and cumutative to any other right .,. --,;��- -
<br /> or�emedy under this Deed of trust or afforded by taw or equity, as�d may ba ex�rcised concurrersily,independen[ty or �;��,,�.;.s-��+ •-
<br /> ,a.,.._. �"=:=.-.
<br />- successivety. --
<br /> 73. ��s�Asatgns Baund:Jo(nt arad Saaar�!��ps�II�. 3ha cavc�a�rts art0 e�c�en:a�s E�rein ��"�°�.°."�--
<br /> �_,�Y,y�. ."_
<br /> ca��3 tr�,a^aB tl'a3 sights hereunder shall imrre to,tRe r�adive s�c�c�aes and 2s�grts of LeP[deR cG:d QOffOVYeP. �,^ ?':.--_-_'
<br /> ,°.: -. s�ject ba U�;e�rd-,ris�a.�sm�ga.�agraph 17 hereof. All covenants se-�9��Peemertts a'r Barro�+rer�Pi2!a�e jair�8 ew¢B sev�vsl. Tfte �:-�,��i�,��i;s��
<br /> �� •`_�,<:v,. �-
<br /> ,.' � .�*�rs��d�r;���Nr�pr.�2g�a�P�ofr this Deed of Trurt are�ae canver�iccice osty and��rtnt to Q�ccs�5 tca�,4ce��¢ '�.�;,"'�".",
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<br /> � wl Qfl�L.'7�� Y,.�YJ'15�i��J.L�. �'I�'i;�r-r-:.-� _� _ --
<br /> x L��.. 1iUr►Y� 4�rbx�'t`cr. �rr��r.itztar�P�quire�undar a��C�caC��2�r t��e given irt sna¢�c�taasr.cr.(a?+�cs;.irwe 1�x
<br /> rr a i�:
<br /> ` ���•:�rariAaa!�i�f.�c�cr,t��I�:�f�`rau,�tt sna11 tte a,ven by�7� ��v�a�ia�L��e�rr�sari:���se�e��5�fl ns:��rt��tc . .. �,�.�`� '��r
<br /> 4 .31
<br /> Q. [7Z�q�''��.jt1Ci�35"�%Ats 3�lL1T C1�.�RY�."$55 3S�WBf 1"!�a�a�}T.ci.G'�`'i.�i tS/�l?1',�„"�C��'1:13i�(d:�b.•i3�:.�'+(°...^��%a i!�(�.�.� " �:.:"'..'v'LfdSidd?'4E'x"r'4X.r
<br /> ° :a^y net+ce tC k.sr����tj Iir-_�:r:js:�,+.,a;r��.�d rr�i�.��sm receigt��.�-.r�.,�sr t:raa�fs�ar.wLc�I7r9e�lrr rT c2 s:�,: •;,�':s�,:F`X s�i c`=''�`,:
<br /> � ��:rer e+ddress as Ler.�er+mr+•�r�sa�ttt?cru�i�:i�.x:ROWCf 83 alQ�i't''•IPl$l`1''�Tt31Gt. �n.��']173F�G'1�.S�t(fl"��(Ytfr��s++,�rs.su.ae4 af ; `: ..,,1r���;.�,,«<
<br /> t.' rru f:�:,,
<br /> '�r.,►st shaf!be deerne�r�i:�•.=��n i}j:u�trr Qam:,e�er or Lender uei��gicsec r��ha�::a�n�-�fesr�3r���i;r�rr. /r,?g'�°�1+:Qiij�>'�;<,.
<br /> _� � +t'i i++�7`,nY.(Si
<br />.;,, . •1�.1'Request!�r:�c�ie2. Piu�r�r,��i�icir�,�reguest tt,�c�ca�a� �7:�d rJ�sa:11;�.�►:r�;rr�r.re�r�a�rs urz.+� xF°',: '
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<br /> c���3 f=�1 drx Tru�r1�..�rx trn�c�isaviaars�tsereof 6e sent tu shz n�tar�rr�I�nr�icir�pi•�:��rr�3n,ry crr�:�. .`�;���`�ff ty `�s'
<br /> -Tt3 /'�#,f , t fr�,���'t�:
<br /> �,'i, �b�F�S'�L':c��`4[�4 4131a'Ul:.o . . . �:�.. p�t,, r ..
<br /> t�,. �1hii�a f�ui:.Ti�rs��ovaming Lauis�abUfty. ThS form af d�cl��sl:tr,,st cornbines uni��r+sc�,asares��iiarr � s�.�..,•.<<.:�j{`i,�.,:.
<br /> " r.,�lnnd.�u,�+u�rt�soA�eiuv3:�cn eovenants with lim:�¢d vatiations by i'urisdiceiace L+a��-✓onstitute a uniform aecsar.2y i�s�r�Y �,,_
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<br /> •`%:�; coverirtg�z�i�i:��erty. ?�his Deed of Yrust shall ba govemed by the law of the 1'urisdtction tn which the Prope►ty is ixated- a. .• s,.:
<br />' ,.;4 tn the event ti�at any provision or ctause of this Deed of Trust or ths Note conflicts with appticable law,such conflici shHll �'�� ' " ` .„,
<br />:�,..4; not afteat vtherprovisions of this Dead of Trust ot the Note whiob aan be given effect without the conf�icting provisions, ,,-��-�.��-�-.
<br /> • and to this end the provlsions of the Oeed of Trust and the Note are declared to ba severable. ���-�---�---•''�--
<br /> 18. Boaowats Cflpy. Borrower shall be tumished a conformed copy of tho Note and ot this Deed of Trust et the time � � �
<br /> of executlon ar after recordation hereo}. '� •'!���`
<br /> 17. Tiarss'ter o!tt►e Prop�y,•Assumy8on. If all or anY part of the property or an interes�t there:n is sotd or transferred . +; �;r.• •
<br /> by Barrower without Lende�'s prior v�critten consent,excluOing(a)the creatlun of a lien or encumbrance subordinete to this ��;�-��
<br /> .` Deed of Trust.i01 tha creation of a purchase money securlty interest tor household epplianses,(c)e trecrsfer my devise
<br /> {. des�snt or by operatton of law upon the death of a Joint tenant ar ld)the grant of any leaselwld interest of three years or �Yro���
<br /> � tesa aot conteWng en option topurchase,Lender may,at Ler�ar's oDtion,Oectara al!the sums secured by thia Deed ot Truat � __��_:
<br /> to Ce tmmeQiately�e and p�abte. Lender shall have waive0 sucb opiton to acceiaratv it,p�tar to tha sate or transtsr.lender �
<br /> ^•t and the�ersa�to whom the�ropeRy Ia to ba sold ar transterred reach egreemem tn writing thet the credit of sucA person �!°
<br /> � is satisfeCtory to Lendsr and that the interest payabte an the sums aecured Dy this Oeed o!Trust s4�e(I be at aucb rota es �` -r�"'���.
<br /> � '� Lender shell re�uest. tl Lender has waivcd the optlon to acceferete provided in ihts paragraph 17,end if Borrowefs `� � �
<br /> �,: successor in lntoroat has executed e written assumption agreement eccep2ed In writing by lend�r,Lender sha0 retease _ __ _..�
<br /> Borrowet ltotn ell ob)i ations under this DeeO of TNSt an4 the Note. --==-_ :
<br />.::;s,.�' Ii LrsnDBt exorctses sucb option to ac�JetBte,LenQer shall me3!Borrower nntice of acceleration in eccorQance with ��`�_� �'
<br /> ; ° 1a�etoof. SucA notice sha11 provl0o a period of not tass than 30 days from the datv tho notica is mailed within
<br />.'�;i�',s wfi'��to►ver may pay the sums declare0 Qua. If Boaovrer toits to pay such suma pdor w the expiretion of surfi period, ����'
<br /> �•;;.,. LenQer may,without further notice or demand on Bonov�et.imqke any�emedies perm'rtted by parepraAh�8 Aereot. _ " .
<br /> � ��. NOltiWHIFORM C6VENANTS. B�rower end LaiBar t�ther covenant and agres e.s to�o�rs: �_-='--T-=
<br /> •,.,. � .■�fl--�:
<br /> ;;;,i:� 18. aceWradon:Rkn�tw. Except as provided in parag�ayt�17 hereot,upan Bonov+�.eYs.brsas�►of any covenant or : _�y,.,.,,.._
<br /> , �� e reement oi 0or►ower in this Deed of Trust.incfuding the covenants to pay when due any sums secured tsy this DeeO of __;,_ _,_,
<br /> � �nut,Lender prtor to ecceieratian sha11 mail noUce ta Banower a3 provtded ln parac,,raDh 14 hereat specityin�:11!the brea�"�; __
<br /> :�,��� t21 the actlon�equiredto cure such breach;t3)a date not tess than 30 days from tfia Aate the nottce is ma:5�0 to BorroK2r, �`_"
<br /> by wh1cA such breach must be cured;and!4)that faiture to cure such breac7i on or betore tAe date speci`i�d in the notice
<br /> • muy resutt in ecr.eteration of the sums seaued by this Dead ot Tnrst and saie ot the Propeny. The nottce sh:'7 furtfier in�arfe�
<br /> Borrower of the right to reinstate after acceferation and the right to bring a couR ection to assert the nosrextstence cJ a �'
<br /> ' default w arey other Aefense of Bonower to acceleration and sate. If the breach Is not cured en or before tAs date sper.�.`i�3
<br /> in the notke,LeMe�et Lendars option may dec(ace atl of the sums secured by this Deed ot Ta1ast to be itnme�liute(y Quz mx'1
<br /> payabte without turther demand and may Invoke ths power o!sate end any other remedi�s srmitted Cy ap�tit�ble 9arv. �==^='�`� -
<br /> . be�idet shell 6e errtitied to wttect all reasonable o�sts an�!expenses incunsd in pursuing t�e reme�c��ravidnd In the �'�"`""''
<br /> ;.�.y�•, parag�ap4�18,ic�cfuding but no4 Iimitec!to,�easanab'a e2tomey s fees. -- �-�� °
<br /> If the�ar�ar o7 sa!e�S Invoked,Trusc�sP�att recor0 a natica of detauti in each caunty in whicA the Property or some pan �^^---��l-
<br />. �:�,, thereof is N.C�CC�A en0 ahetl mail copies t�'sueA ro4ice in the mamer prescri0ed by epplicable law to Bonower arM to the other __
<br /> persons pt�trs`k�Q�y appltcabta law. After the lapse of such time es may be required by appticabte law,Trustee shall give 7,;� �„_ _
<br /> ,•.,r:• ! pu6tic not}�e o4 sate to the persons ena in the manner prescribe0 by applicabfe law. Trustee,without demend on Borrower,
<br /> sAalt selt tAe Ptoperty at puhtic auction to the highest bidder et the tlme an4 pface and under the terms designated in the
<br /> � , ratice of sate in one ar more parcels and In such order as Trustee ma Oetermine. Trusteo maY postpone seie of e11 or en ��Y"�'
<br /> •: parcel of the Propeny by public announcement ot tfie time and ptace of arry previaasty scheduled sate. lender or LerMer's
<br /> .. � �;•.,::..,�:�.:,:�-.
<br /> destgn�ee may,purchase the Property et ar�y sate. _,:,__��y:.��.»yW
<br /> Upon rece�pt of payment of the prlCe b3d.Trustee shatl detiver to the purchaser Trustee's deea comeying the Property — --:----
<br /> sWA. The recitels in the Trustee's deed sha116e prlma facie evldence of the ttuth o!the statements made therein. Trustee ���.�=���:�
<br /> shall ep0ty the procee��t o4 the sele in the tollowing order:fa)to el�reasonable costs and expenses of the sato,Inctuding, �_����.�=
<br /> . • buc noi Ilmited to.Tn:r;taQ's fees o!noi more than %of the gross sate price,reasanable attomeys fees and costs - „�_._._.. __.
<br /> n: t
<br /> ' o�title evidence;(b)ta a(1 sums secured by this Dee o�f 4rust;and(c)t�he excess,if any,to the person or persons tegalty --�+-�-.-• =?�:
<br /> ' erstitfed thereto. � ���'��-__
<br /> 19. Baraw�/s Right to Relnatets. Noiwithstanding lendsra acceleration ot tAe sums secured by this Deed of Trust, — '"� -_-
<br /> Borrawer shalt have the right to have e proceedirtgs begun by Lender to eniorce ahe Oeed oi Trust discontlrtued at any time _� ��,'�
<br />! priar to the ea�er to occur of(p the f�,�day before the sale of M8 Property p�°:aant to the�wer of safe Contained in the '~ � "��'��-
<br /> . :y..,,•,�;.1�' c..
<br /> Desd af rvst Gi)eruryr af a�udgmari erf�rcing this Dee4 of Tn,st i�: (a)Borrow�r yays Ler.��r z.i sums which woutd Ge tT�n �+.,%��� .
<br /> duo ur�ias this Oeed c'Trust, the��;te and rtotes securing F�.m�r:a Advar,c�, :f 2�:y, t,,;rr -�� acceter�tr��accurred: (�) '�''���'�;+;.'';� �y"
<br /> . Bonovrar a:res a'I Drum.r,.:s of arry other cnvenarts cr a;reemen:s.`�orrawEr a:�-r.sineC:^�t5 Oeed of T-�:(c)Bonawer ; : : ::.:t;�'�.. . .
<br /> pays ai reasonab:e e:�-_r•r��s incuned by Lertder ar.���;;,sa er.trr.�-.g the Cov�'ri�s and 2ytP2ments of fice�^.n2r coniained ��; �
<br /> m thu Qe�A of Tacs4 a�,:n enforcing Lenders and��.e�'s rza�`.�,:s as provided in paragr2;,h 18 hereof,including,but rci ��+ '�
<br /> lim�+ted o¢,rsdsons�°e�:torney's fees•and ld)Borrovre�ta:�e�n,r��action es Lendet may n:sonably Pequire to assure;�'ra�; ,:s_�t'`;;',;;
<br /> the licrt af�.*.is Deed cf Trust,Lendei's interest in the Prope��a��r!Borrowers obtigation t�r.ay the se�ms secured by t;'a:� ��,�,; ;��'�k�
<br /> Qeed ci�?.�i shatl ccr.tirue unimpaired. Upon such payment 6:hS cure by 8onower,this C�+��ot Trust and 4Ae obligai:� `�`i`""
<br /> secure�hereby shall csr,.ain in full force end efiect as i4 no ecceleration had occurred. � "��'�`�' °
<br /> ••-�•;._-_-_--- _ ,_..
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