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<br /> ,� SHBRYL �ROADS�IY t�tIl(8 BRQ3lD�Y . �� ������ 2QQ5Tb 10/03(1996 � ;V+:� -- - —_
<br />� • 9.Can�on.The px�a�.c�eds af any�awa�d or claim for d�noages.direct or co�equential.[n wnnectian with any :ti .,' ; . .
<br /> coudemaati�n ar other �aking of the Propertl�. or part tht�eof. ar for couveysuce in lieu of wnde��ation, are hnreby � . ' . ' ':r ..,_,
<br /> a��aud shali�paid tu Lens2er.sub,yxi ta tt��terms of aa�y t3trm�.deed nf m�st or other secarity agreenient�vidt a � . ,. . . � .: �=:
<br /> ' Gen which has priority aver this U�ed of Tuvst. (� � . ,`:
<br /> 10. Borrower �Iat Re��aaf; Far�anflz Bp �eut� I�'�t a �Ie3ver. Extensian of th� dme for payntent or < . `�, �:
<br /> � 'on of thr sums f c�u r e r 3 b�tnis,JJ�n.�af Tn�st granted by L�Wer to any succ�ssor ia inter�t of �� ��;:' � .
<br /> mndifssation of a�nortiran � � .. '` :�
<br /> Borrower$hall not operate to ret��se.in 2aty�e�r. the l�t�ility of t6e origia3l Borrower aad Burrower's stiuusssors in ;. . , :'.�
<br /> h � �
<br /> imeresi. le�er shall aot be�equi�ta^r��ulm:a�psm�tiit�s against s�th successor or refuse to eatend time for payment . f �� • �`....:,_`,,�.�_
<br /> or otherwise modify amortiration a�f tht��cur�3 by thi�Dee�of Tnut by r�ason of any dgmattd made 6y the ariginal Q .
<br /> Horcower and Boirower's sux�iors iu iui�st. Astp ft►fiis".�a�r.e by Lender in exercising any right or rentedy hereunder. � . • .. . , .
<br /> :- or otherwise affoTd�by a�lica�►1�l�N.shsll n:n bs a v►va«of o�g�t�ciude t6e exemas:af any sucb right ar remedy. � , . ,' :
<br /> y 11.Sue�s;ars aa$��e'an�li Jaitti�sast�rrar+�l.ts3illity:Co-ss9�ars. Tize wvenunts and agreemenxs henin � -'` :r- -._-�-_° __
<br /> � contaim�shall�.and tbP ti�sts.l�ete�aa:s:a�tpill itr�ve ta�.tY�e r�ctive su�rs and a��ns of I.ender and Barrower. . .
<br /> . subject to tlte prwiseons of pa�u�nph 16 bt�f. F�1 cavenants a�t agreements of Bortower sua1D be jo3nt and several. ' � . :-t-.
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<br /> Any Botea�rer a�ha co-sigis this D�ed af 7lmt:b►.n dnes aot execute dc:Note.(a)is co-signing this Deed of Tniss only w ;.. _...
<br /> � graiu au�com�ey that Borrower's intesest in th,Pmperty m Tn�stee un�ler tf�e terms of dus Deed of Tmst. E�) is not . -- ,- ; ,- '
<br /> � peraonally liable on the Note or under t�i,s U�1 of Tnut,an�(c)agcees that I.ender and any other Bar¢vwer 6en�nder ,.;__
<br /> `,' ma y a g e e e sn extend.modify.fozbear.or m�k°.any ndier a�o�mmodatinns with re8ard to the terms of t4is Deed�sf Ti eu�or � ,' �,� .�
<br /> � �:,• ',,..� -
<br /> tl�e Note,withnut that Borrovrer's consee�t and withoet m[easing t h a t Baiaower ar�no d i f}r i n g d v s D e e d o f T i a s t a s t o t h n t .i:•:.;.,.�.y
<br /> �ornnwer's inte[est in the Prope�ty. � .�`"'�,�,j�a'"
<br /> !2.Natize. Except f�s aay cwtice requi�aud��rpiicable law to be given in another manner. (a) anp nndce to . �'_ �,��-.
<br /> B,sranu+er givvide�for in this IIeac!of Tmst �all be grisc�ss by delivering it or 6y nniling such r�tice by ce�tified mail _ - -=
<br /> . �w Bormwer az the F�rty Address or at such vd�r address as�3arrocv�may designate by notice to Lender as ��G;,.�'.�
<br /> _ _ �T
<br /> �±vs•ided herein.and @)anY notice to Leader shall be given by certife.�mril w LeBder's address stated herein�r to such . • '-,''`
<br /> ausr address as I.ender may desigeate by uu�ice to Borrower as pravid�harein.Any uadce pmvided for in this Deed of , ., . .
<br /> T�st�ll i�deeme�to have beeu g►ven to��cower or I.ender when giv�a in the manner designated herein. ;::�•,. ��.,. .. ' . -
<br /> --�- �I3.C�vaning I,ow;�eves:6iiity.'i'he s.ase and(ncallaws a�licable w this Dee�of Tnut sUall be the laws of the .;,,� ,.�_- �
<br /> __ ;:�icdon in whicb the Propeay is laGUed. '�e fu��sentence shaU uot Gmit the applicability of Federal laea�u t5is �;_. :,
<br /> D�d of Tmst. In the event that any pmvr�a�ar cZanse of this DePd of Trast or the Note conflicts with appli��s law. '_'�`_--;.'�`�
<br />• such conflict sball not affect ot�er pmvi�rns vf ttris Deed of Tra�i ar tl�e Note�hich can be giveu effect�vi�out tme ���•*�.� � -
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<br />' conflicting pmvtuon.and m this end the�.risions of this Deed af Tcust and t6e Note aTe declaaed m be seveiabte. As , �.�� •a�
<br /> ..���..... -
<br /> � �iietein. 'costs'. 'eaQen�' and'atiomeys' fees'inctade ap swas to the exaeat nat proW'bired by applic�Fe taw or �,;>;��'^� r .. � j
<br /> ' .� G�$�6erein. '��! `�
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<br />� 14.Borrnuv�r's�py.Bcirc�wer s�ll be furnished a conform� �z vf dte I�mrr and of tbis Dced of'g'�t at dte '- -� ��' �i���' :.�:--:
<br /> ame of exer.uaaa or after recatdatian 6erea� ��y �. , �
<br /> 15. Reha�'�on Laaa A�asII., Bonower shaU fWfili �li cf Eorrower's obligations under an�, home .. �`.
<br /> ,i',;
<br /> e��imtion.imProvement.zePair or other toan ag�eem�.°�a wtuch Bor�ower entecs insn wit6 Leoder. Ixader.a.:.E.,..ander's . �}!_..
<br /> a�n. maY �re Borrower to exeaue and deliver m i�nder. in a form acceptable to Lender, an ass�c of any =• ':, ---
<br /> rig6ts.clai�s or defenses wbich Bu�wer may have agsinst parties who supply labos, c�ateriaLs or services iu�ru�ection � "�-''�'`*i' .°�
<br /> ';�.•F'...--
<br />--- wi t h III�T d V e[1 l E II t S fl13d8 t0 thC P i'O�e i i y. - y, t�;''~`�"
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<br /> 16.TraasP�oi the Aogerty or n�c�ln1 Hauer�s3 In Borrower. lf all or aiag�t of dr�L�s�erty or apy interest • :, ;;
<br /> �'.•,i�:
<br /> in it is sold or na�asfern�(or if a beveficiul inteiest in Borrower is suld or trans�j3 and Earrower is aot a natural - - _1 .
<br /> petson)withaut Lender's prlar wratten consent.Len�r may.at its opdon.requue i�m e d i a t e Fayment in fnit a��ll su�s .' ,;�_
<br /> a
<br />'" . secnred by this D�of Ttast.However.this option shall not be exetcised by ixnd�r if exercise is pmhibiteai hy�t'ederal �: �����
<br />. law�of the d�3.�of tids Dred of Tmst. ,`�:�=-_
<br /> If Leudea���ises d�is opuon.Le�er sLsill give Bonower nodce a�r accele�ation.'Ilte mrice sinll provide a period T. �_=_ -.—_
<br /> of mt tess tt�w 3�days from the date the noace is delivered ar mailed withia v�hich Borrower must p�y a1i s�s secuced '�""����..; .
<br /> � fry thls Deed of Trus� If Boirower fails w pay these sums prlor w the cxpitation of tl�is period.l.eader�.y i��e any '�--�'_=
<br /> � remedtes peimiUed by this Deed of Ttust without fuNtee m�ce or demuW on Borrower. ���T =
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<br />� � NON-UNLFORM COVENI►N75. Borrower wd Lerizr further covenant and agee as follows:
<br /> .'+�' 17. Aeod�ilon; Remedte9. Exsspt us pmvided in pars�raP� 16 hereof. Wun Borr�vver's bra�Cn aP any ,-� �...;.: .-��,�:);•.'a..,�
<br /> ra �' r�,-..i.:. :,x...
<br /> , covwant or apbamcnt ot Borrowcr in @�Yfeed oB'i'r�st. indnding Barrowet's fstilure to paY.by d�e�ot 10 �a ty-- __y
<br /> w r _-.
<br /> � catendar days�fter they um dne,anY s�.s sec��f��ttils�d of'�u�, A.�r Prtar to a�Ser�IIfaa�f�7f glee � ��;,�,.��,�,;
<br /> aotice to Borrawer a�prm�lxd�c9 in para�rapb 12�rec7 sped�'ytng: (1)the 6cc��: (2) the acdon e¢syair�d'r�cure ' '�,-��....�
<br />'' ' suc6 br�eaci�i t�l a date,c���than 7A daps from the date the a�ls�is maL�:ea Borrower.by whiic6 s�breac6 -
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<br /> ' mmt be cueedf sun�(�tt�t i�ilure to cure sucD brcach on or @e�`u-r�e s'�,+e date spodiied in the natice m�y resu[t in ',,•'•�
<br />' aculeration cfi'sFr.e s�s sean�ed by t6f�Dad of Trtst and saPe�fI t�e�y.Tde notioe shaU fiut'h�r iaform ;:,�s�i=- -
<br /> ..�..� � w.��.
<br /> I�,�r�er o�the riYht to relnstate aiter aeodaation�t6e ri�ht to bring a cn�action to asse�f t6e aon�ence of �-
<br /> �Esa����'._: .:
<br /> °�-_: --
<br /> .i r��1t�f:'.�^.dtt�any Mhs defense of Bomawer ta acce�r�irrn nnd sAle.If the bretic�is not eiued an or E�ef'a�c�e date ���-�--_...__�
<br /> ' spec�'fied itt t9h��tices I.ender,at Lender's o�ian.mu�decfare all of tbe sums seem�ed 6y th9s Dee�B�6'II'mast to be -,-:-_-��-.y�`�
<br /> ,,. spe �:;Y�;��'--�a;�r,:.-,....
<br /> : ,'y}'�� Lmmediiteyy dt�and puyabte wtt6out(tu4�denand and may Invoke t6e pavoer of s�e u�nny�t�ter remedie9 ;�_ ,. � '�'�;�,-.--
<br /> ;';�+tr parimitted by m�s�'.�cable taw. I.ender si�ill be a�titted to oolleet all rtasonstble custs an� � incuRed in ° .,r r ,:.;�.
<br /> r'•`� �::'?_.n: �, �;r:�1.
<br /> .;; Pmsidn�tE�e rmtr�pmstd[s!In thls part�raph 17�fmctudln$s 6�rt not Itmtted�o.reasonAble attarneys'FCes. ; -;::��:�r•_.
<br /> . .� V the powte a�m!e t�tnv�ked,Tn�stes sf�I!�sL�f!A natice of dePault ta�m'n couaty in wbiclh t6x Fr,u�erty or ,. .,: s.. : .z,�;;.r:;•.
<br /> ��1 some paet ti�em�?is C-�sr�'.1 and s6a11 ro�t copS�s cC suc6 nottce[n tf�e rffima�r pr�rribed bY eP�'�TG21aw to : ..,°.j ; - °=�-
<br /> Pcc$6Ie fnw.hfl:er tiu:Pa�?af sttc�ttms�s�ey�e rdeqatred by � ,i:.%r` .
<br /> Bom1wC!iWd f�tC1e Gkther pets0719 pte5lTl�.EdL bY II�7i►� .,., t:,'�r �
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<br /> � �pPUcaDle Isev,Tneiee s f�a ll g lve pn b t lc n o t�ce o f s a 3e to t 6 e p a 4�e��a�e m a n n e r�r.�S�e d b y a p p Ucabie � . ���t�,.>.
<br /> • " imv.Trvstr�,�vitiwut demand on Borrower,shaU s�l��:e Prnperty at pabllc au��n to tix Iilg2Eest bldder at the time '^•'� —
<br /> � `. nnd Qlaa and�mder ti�e t�de�gnated tu t@2 r�afi�ot r,�le in oflE or more pnncris snd in sueh order as Trustee • . . —
<br /> ; mvy�etermine.Tnatee maY P�Pone sate ot aIl or any panel of 4he Propedy by publtc amiounoane�t at the tFme .� . . �'
<br /> ' : and place of any prevtau9ly scheduted sa1e.l.tcder or Leader's d�slgnee msq pi�ch�se tBie Property a4 any sale. ' ��:.-
<br /> � 17pon rer�ipt oY pnyrme� o�the prtce bid,Tr�tee shall deUv�to t�e purcQaser Trutitee's deefl conveying the �. . �
<br /> � Frop�ty soid.'fhe ra�tats tn the Tn�stee's deed s1�all be psima Pade evtdence of t�e tn8b of the statene�s made `:-..
<br /> t�eretn.Trustee sLatl ap�ly th�pmca2ds oY tha sfiie!n t�2 foftovring ords.r:(a)to t�U reasonabie msts aud eapensc9 ot - • ��
<br /> � the sa1e,inxtu�ing,bui no2 Urmited to,Tr[ds3ee'�fee9 as�aally i�cvrred of not moae t6an S''h of the�sale prtze. ��
<br /> r�sonable attaraeys' i'�an� casts of tiite evtdeECe; (b) to all sinns serured by this Deed of 9'rust; and (cl the C r:-�
<br /> ._ oxe,�cs,iP anp,to th�merson or oersoffi tegaUp entitled tYieireio.
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