|
��- '` ��;5� ��.��
<br /> IL��_ ..%..i��srr�....sy. �... . ;, nr.:��--- - - _.
<br /> - . - � ^4. �' �:��,�.1YrM.MV�Y�t7►t+i�f+l�ytl� __
<br /> �� • �I�M ... _
<br /> �' � � - . . ..._ _ � . �� ..�'-
<br /> . � . .. ..tt.w.e.�iw1j�. __ .
<br /> . .a.•
<br /> � • .�:�±+�i�::•;;. " ' ,._. --- _ '
<br /> ._awf�' _. .. �.... . ��� _
<br /> 1a568'7
<br /> f ; . .. , , � 1�. Tr�nd�r M th� Prop��or �B�n�ilalal Int�r��t In sarow�r.o■N w+�ny p.M oi �h• �►op.riy a - -
<br /> t . .. �ny Int�rMl In N I��aW a t�nd�nd(a N�WnMkid ht�Ml N 9ortoww I� wld a v�mbrt�d md Bonowu i�not �n�tunl
<br /> .. pws�n) wNhout L�ndw'�prbr wiMl�n con��nt, Und�► nMy.at N� opUon,�puk�Ynm�b p�ym�nl In tuY ol�I�ums ��au�d by �---
<br /> lhl�B�oudly ImUumml. How�v�r,Ihb opllon�h�N not W�uralud by L�ndK N �xaal��1�pohibq�d by 1�4 I�w�i o1 Ih� �"`::�_-
<br /> �".„ . dd.�ol thb 8�aKNy Insbunw�t.
<br /> II L�nd�►�x�rdta thlt optlon, L�nd�r�h�N phr� BorrowK noUa o1�ccN�nUon. Th�noUce sh�ll p►ovld� � pwlod ol
<br /> • { �� � not Ins th�n 30 d�ys from th�d�t�th��oUa�it dWvuad or m�U�d wNhk� whleh Bortow�r mud p�y W sums r�eund by
<br /> • thls S�awlly In�bummt. If Borrow�r 1�t1�to p�y tha�wms priu to th� expk�Uon of thlt pertod, Lmda mry Invok� airy
<br /> " nnNdi�s p�mltt�d by thb S�w�fly In�trum�nt without iw1hK noUw a dwwnd on BortowK.
<br /> '' 18. BOROw�r's Ripht to R�ind�t�.If 9ortower maNa ertaln condfUons, Borrow�r th�ll h�v� th� �ipht to h�v�
<br /> �nlorcMmnt o1 Ihis S�curity InsdumeM d�conUnu�d d any tlms ptlor to th� eartler of: (�y S d�ys(a�uah otha pMlod oa ` _' °-=•�--°--
<br /> . . �Ppliabk Nw m�y fp�ly 1w nlnst�tMnenq belon � of th� Properly Purswu►t to �ny poww of saM cont�ln�d N thlt
<br /> - - S�curlty In�trum�nt; a (b)�ntry o1 a jud�ment anlactnp this 3ecurity Impument Those eondHlons�n th+il Bortower. (�) P�Yi - --
<br />�;� �� •, . L�ndK�M suma whMh thm wouW b�dw und�r thli 9�eurity Insdummt �nd the Note �s H no�ccsle�Uon h�d occumd; (b)
<br /> cure� �ny dahuk ot�ny othx eoven�nt ar ayraementr, (o) p�ya �N expsnaa InwRed in ontoroinp Ihia 3�axiy Inatrum�nt, -
<br /> " kwludiny, but not WNtad to,reuonabl��ttomeys'feea; �nd(c�uka� auoh actlon as lender m�y raaaon�bly nquke to�ssure
<br /> th�t th�Ila� 01 ihia Sewrity Inatrument,Lender's dphte In the F'roperly end Borrowa's oblipadon to pay the �umt �eourod __ ___
<br /> •:�;,_ , by thla 3�ewity In�trument shW cantinue unoh�nqed.Upon relnstat�nent by Bortower, ihia 3scu�ily Inetrument and the
<br /> obYy�tlons saeursd heroby�h�N remdn IuUy�i(eo1Ns �s II �o accN�nUon h�d oeaR�d. Howw�r, this dpht to►qncLU sh�8
<br /> ;:,' `�; • not�pPy In th�a+ise of�cc�leradon under po►�pmph 17.
<br /> `�������:''' . 19. Sal� of Noto; Chan�� of I.oan SYWIc�r. The Nae or a e partial Inten.t in ths Nota (toyelhK wftb —
<br /> .:".. ..: . . . ,
<br /> •: :. :: =... �., . tMs 9acwlty Inatrum�nt) m�y b�sold on� or mor�dmea wflhout prior notks to Bortower.A ul�m�y rasuM m a ehmg� in th� _
<br /> ��;:���` �� enUtyr(Imown �e the 'Lan 3erv��►') th�t cotlect�moMhly pnym�nt�dw und�r ths NoU and lhis S�curNy Inahum�n4 Th�n — - -
<br /> �� -.- ' �lao mny be one or moro oh�nqss ol lhs Lou�3ervie�r unr�ted to a sale of ih�NoU. B ihere Is a chanqe ot th� Lwn __ __ ��_
<br /> 3arviar, Borrowa wiU be pivan wrilten notice o1 ih� chmgs In accordu�c�w8h puapnph 14 �Bove �nd�pplN�bN I�w. The
<br /> �'' nodce wAI staU th�nnma�nd addresa of the n�w Lwn 3en�er�nd th��ddnss to whlah psymenb �hould b�m�d�. Th� ,
<br /> i`, notice wW Nao conUln�ny other Infortn�qon��quked by�ppNable kw. -
<br /> • . :;;; t�` 20. Hwrdaus Substanci�.Borrower�hall not ause or permA the praaencs, uae, disposal, storapa, or�ebase ot s"Y•��`�`
<br /> ��.,__°.�
<br /> � any H�rdout Subitances on or in 1he Property. 8orrower ahaN not do, nor allow�nyone efae to do, arylhlnp pfleclM►p the =•--
<br /> �=�----�
<br /> ' Prop�rty Iluit Is in violaUon ot any Envlronmental I.�w. The pracsdlnp two sentences shwN not�pply to ihe preaence, uae, �„�;��_
<br /> � �.� or stor�ye on th� Property of amaN qwntiUas o1 Hswdow Sub�hnws th�t ue qenenlly rocoynfsad to be�pprop�te to - '`=---�' -�
<br /> � •• ' • � nonml realdendel u�es and to mNntenance of the Propeity. ~�'��
<br /> ,. .�. BoROwer sh�U promplly yNe Londer wdtten notice of my Invnpy�Non, cl�im, dernand, I�wauq or other acqon by any ;�
<br /> .�.��,,.� ;; �.;; ��•; 9ovammenbd or ragulatory egency ar p�N�te party InvoNYig ihe Property and any H�ardaus 3ubatance or Environmental Law ot , !
<br /> � . ' "� � which Bortowa fuia aclual knowledpe. If Bortow�►(e�ms, a Is notHled by any govemmental a reyulatory aulhorNy, Ihat Any " �•r ��,
<br /> --_-_-: �.�,��.. rerrsoYa! or ather►lmedlaflen ol nny IleaerAew�subat�nca aN�cting Prop�Ay la nocass�N. Botrowrr �IuiA P►omPtN Wco M �
<br /> :-;�.�.:.. .
<br /> • nauswry rem�dl�l�ctlona In�ccardonee wRh Envkonmental law, .•�. :
<br /> As w�d In thls p�rayraph 20, 'H�urdoua Substoneea'�re those substonces deflned aa to�lo or hazardow aubatancaa by ��;,; ,.,� .
<br /> Envkonmmtal l.�w �nd the followinp aubstancea: paadine, keroaen�, other flanuiwble or toxlo pelroleum product�, toxlo .. .
<br /> p�sUcld�s�nd harb�ldes,volatll��oNents,m�terids conuinlny�ebestos w fomrld�hyde, end retAoaotivs m�terWs. As used in �
<br /> . parayr�ph 20, 'Envkonment�l L�w' mem� tWorN Mws md I�ws ol th� Judsdicllon wh�n th� Property la located Ih�t nl�ta to ,�x•. .,
<br /> h�alih, ui�ty or�nvkonmmtd prot�ction. � -
<br /> J.
<br /> i , NON•UNIFORM COVENANT8. Bonowar and Lender IuAhK wv�runt�nd apre�os topowe; ,`'• �
<br /> " 21.Aeed�r�tlon; R�m�di��. I.ond�r shdl �W� notle� to Bo►row�r prior to �aeN�ntion " `"'_"�"��
<br /> followinp Borrowor's bn�ch of any covon�nt or ��nom�nt In this S�curUy Indrum�nt (but no! ► -`�v�_`�
<br /> prlor to �ccd�r�tlon und�r psr��r�ph 17 unl�ss�ppllc�bl� I�w p�ovid�s a#h�rwla). Th� notic� � ';;_
<br /> shall ap�cHy: (a) th� d�fauR; (b) tho aNion r�qutr�d to cu��th� d�hult; (o) •d�t�, not bss th�n
<br /> 30 d�ys f►om th� dd� th� notico Is�ivon to Borrow�r. by which th� dot�ult mud b� curad; and .-
<br /> � (d) that fallur� to cur� the drfautt on or b�for�th� d�t�sp�cNiod in th� notic� may r�tult in � •
<br /> �ccN�ration of th� sums socund by thl� S�curity InNrum�nt and �al� of th� Prop�rty. Th� notla� �
<br /> . �hdl fu�thor Inform Borrowar of th� ripht to ratnstata �ftor acc�loratlon and th� ri�M to brin�a
<br /> cou�t �atlon to ass�rt th� nonwxitlanc� of a doi�ult or any oth�r d�Tanaa of Borrow�r to � • =
<br /> accaloratton and salo. If tho dafault Is not curod on or boforo tiw dato sp�cifl�d In th� eotica� •��;:�;�
<br /> • � L�ndor�t Ita option msy roqulro Immodiata paymant I�tull of all wma socu�ad by this S�curliy .� �
<br /> Instrum�nt without tu�thar d�mond �nd m�y invoko th� powor of �alo and Any ottwr �omodies j
<br /> pormitt�d by �pplic�bl� I�w. La�dar sh�ll ba entitlod to collact all oxpanaos Incurrod In punuin� ,
<br /> tho romodl�s provldod in this parapraph 21, Includlnp, but not Ilmitod to, raaaonablo �ttarnoys' �
<br /> foaa and costs of tlNa avid�noa. ! �
<br /> If !ha powar of salo is Invoked, Trustae shall racord a notico of dafault in oach county In ,
<br /> which any paet of tho P►oporly i� locatod and shall rnafl copios of �ueh notiev In the mannor
<br /> pro�arlbod by applicabla law to Borrower and to tho other persons proscribod by applicabla Isiwv.
<br /> Aftor tha timo �aquirod by ppplicablo law, Trustae shall givo public notico of aala to tho parsons
<br /> pnd in tho mannor proscrlbod by applfcable law. Truatao, without dam�nd on Borrowar� sh�ll sell '
<br /> tho Proporty at public auction to the hiphost biddor at tha time and placa and undor tho terms
<br /> doaignatad In tho notica of salo in ono o► more parcols and in any ordar Truatee determines.
<br /> Trust�� m�y postpono sale of all or any parcol of tha Proparty by public announcomont at tha
<br /> tlm� �nd placo of any provioualy schodulad �alo. Londor or it9 d�siqnoo may purchaao tha
<br /> Proporly at any sala.
<br /> Upon racoipt of paymont of the p�ico bid, Trustea shall delivor to the pu�chasar Trustoo's
<br /> . daod convovina tha Pronortv.Tho rocifals tn the Trustea's deed shall bo prfma facio ovidonco of
<br /> � the truth of�the statoinonts mada thorain. Trustee shall apply the procaads of tho sale�n the
<br /> following order: (a) to all coata and exponaos of axerciaing tha powa� of aalo, and tho salo,
<br /> ' includinq tha paymant of tho Tru�toa's taas actually incurred. not ta exceed three
<br /> '�6 oi tho princip�l �mount of tha note at
<br /> � tha tlma of tho doclaratlon of dafault� and roasonablo attornoy's foos aa parmitted by law; (b)
<br /> � to all sums aacurad by this Sacurity Instrumo�t; and (c) any oxcoss to tha person or
<br /> pereons le�allr antitled to it.
<br /> F7318.LM0(10/91) Pag�+1 of 9 • '�
<br /> �
<br /> I �
<br /> 971St LA�
<br />
|