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<br /> DJ1t�13A1ip�A uATORZLi F�AAK�R AOHBRT R PARK8R ��f���� , -
<br /> 9. Conde�m�don. Tlte pr��ceeds of any uwaed�r clnin�fiie ds►nmges. d rect nr coa�equentinl, in conn�edon with any
<br /> coudeiw�ation ur uticer tuklug o6 d�v �mpeny, or part tliereof, �r for conveyancr ln I leu o f cou den u u d��n, ra r e h e r e b y
<br />_ ._—___ _.._. assfg�ed and sh�ll be pnlc9 to L.enQer, subject to tlie rernu of nny nianange, deed of trust or od�er secudry agreement with n
<br /> �..------.,..
<br /> . I llen which has priority over d�is Deed af Trust. '
<br /> � 10. Borrowcr Not Released; ForbtArance By Lender Not a Waieer. Extei�sian of the time for payment or
<br /> . � modificadoa of amortiration of the sua�s secured by tbis Deed of Trust granted by Lender to uny successor tn interest of ,�
<br /> Bonower shall not opentte to release, in any manner, the ltabillty of the odginal Borrower and Barrower's successors in
<br /> • interest. Lender shall aot br required[o couvueuce pruceedings agaiust such successor ot refuse t�eatend tirne for payment _
<br /> or otherwise modify an�ord7ation of the sums secured by this Deed of Ttust by reason of any demand made by ttie origival
<br /> �vrrowee and 1Borrower's successors in incerest. Aay Farbearance by Lender[a exercistng any right or remedy hereunder,
<br /> - or otherwise afforded by applicable Isw,shell not be�watver of or prectude tbe exercise of any sucla right or remedy.
<br /> , 11.Successors Pnd Assl�ns Bound;Joint and S�veral L[abtlityi Co-slBners. The covicean.ts a�d a8reena�ms hemin
<br /> contained sh�ll Uind,and the rlghts hereuasder shall inure to,the respecdve successors and assigQS 6g I.euder actd Honower, �•
<br /> subject to the provisio��s of pacagraph 16 hereof. All covenants and Agreements of Borrower sl�a�6e joint aud several.
<br /> Any Bonower who casigns tlils Deed of Tmst,but does nut execute tlte Note, (a)is co-signing this Deed of Trust ouly to
<br /> �raut and convey that Horro�ver's Incerest in the Properry to Trustee under tt�e cerms of tlus Deed of Trust. (b) Is not ,
<br /> :.:�;; petsonally liable on the Note or under tlus Deed af Tntst, and(c)agrees that I.ender and any other Bonower hereunder .^ �.������
<br /> "�'���' • may agreP��extend,mndify. fnrhear,or make sny od�er accommodations wlth regard to the terms of tWs Deed�f Trust or _.__--.
<br /> the Note,without that Borrower's conseut and without releasing that Borrower or modifyiug this Deed of Tcust as to that __ _
<br /> i. Borrower's interese in the Property. .�"�-=
<br /> 3 12. Notice. Bacept for any notice required under applicable law w Ue given in aaathcr m�nner, (a) 2ev aodce t�
<br /> ^' � Borrower provided for in this Deed uf Ttust shall be given by delivering it or by malliug such n�►ace by cera6ed mail �� _�
<br /> " ad8ressed to Horrower at the Property Address or at such other address as Borrower may designate by notice co Lender as "<<�__,
<br /> .},.' provided her�eia,and @) any nodce to L�nc�zr shall be given by certified mail to Lender's address sta.ted herein or to such �
<br /> ' �'fY'..—"_:
<br /> ' � other address as L.ender may designate by napce to Boaower xs pravided herein. Any nodce provided for in this Deed of �-� 7`.;;�:.r.'.,
<br /> � '' Trust shall 6e deemed to hava been given to Borrower or Lender when�iven in tlie m�nuer designaeed herein. `.��---�:'"`
<br /> '�s. ,
<br /> � 13.Governin�Law�SaverabWty. The state and local laws applicable to this Decd of Trust shall be che'laws of the ..,:;.,;,C�A�•..�'
<br /> • '' " ,jurisdicdon in whicb the Property is locuted. The foregoing sentence shall not limit the applicability of Fed$raY 1aw to this �:;��::��
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<br /> ' '� s•' Deed of Tn�.st. In the event that any pravision or clause of this Derd of Trust or thc Note conAicts evtth epplicable la�v, ti:K._: - __.-_
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<br /> ,y;;�i<' such canAict sball not affect other provisions of this Deed of Tcust or the Note wLich can be given effecc without the .f���•'���` -
<br /> � conflicring provlsion,and to this end the provlsions af this Deed of Trust and the Note are dectaced to be seversble. As .,�, .,;
<br /> �,;._ _ :�':� • n��wn �....r.,rnhihirP�i hy annlicable law or ��_`�;i�
<br /> . ,-.��:• used henin, "wscs','expenses° and`attor�y+ ICCS� �uclude alt s� to sl:e.. �..-.-.r--- - ' �; -
<br /> , ���,�� llmlted heIe317. �
<br /> '' 14.Borrower's Copy. Borrower shali be furuished a conformed copy of the Note and of tUis Deed oF Trust at the
<br /> �` , dme of execution or Qfter cecordation hereof.
<br /> IS. Ret�abllitetion Loan A�rcenaent. Bonower shall fu1fiU all of Borrower's obligations under any home ,
<br /> � cetutbiliwdon. {mpsovement. repair or other loan agreement which Borrower enters into with I.eader. Lender, at Lender's `��
<br /> opdon. may requize Aoaower to execute and deliver tu Lender, in a form accoptable to Lender, an asslBument of any �
<br /> ,; d�6ts. cl�ims or defeases which aonower may have agalast parties who supply labor, materiala or services In connxdon �,;:
<br /> with improvenxnts awde ro the Property.
<br /> . 16.Tnun[er of the Property or o Beneticiwl Interest In Aorrower. If all or any part of the Prope:ty or any interest .
<br /> in it is sold or transfernd (or it a beneficial Interest in Borrower is sold or uansferred and Horrower ts not a natural
<br /> . '. .. person)without Lender's prior wriuen consent. Leader may. at its opdon, requlre immediate payment In full af all sums
<br /> _._ .. socured by this Deed of'lYust. However,this opdon shall not be eaercised by Lender if exercise is prohiblted by federal �'�
<br /> - l.0:°,of the date of this Deed of Tiust.
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<br /> .� ..i �•� If Leecler exenises this opdon,Lender shall give Boaower nodce of acceleradon. The nodce sha11 provide a Period __
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<br /> ,� i; of not less than 30 d�ys from che dau the nodce is delivered or mailed vi+ithia which Borrower mast pay ail sums secured
<br /> , � by this Deed of T:ust. If Borcower fails to pay these svms prior to the expirado�of this period. Lencler may invoke any -,;:
<br /> ' nmedies permitted by this Dced ot Ttust without further uodce ox demand on Borrow�r. �'��r
<br /> - NoN-UI�IFORM COVBNAN'cs. Borrower ar�d Lender fiuther covenant and agree as follows: _ ____
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<br /> _ • 17. Acexleratlon; Ranedles. Exapt ag �rovided in Psura�nPh 16 t�ereof, upon Borrower's breac6 of nny -
<br />- covenaot or a�neat of Borrower ia tdls Deed oP Tnni, tncluding Borruwer's fallun to pay, by the aad of 10 -
<br /> �'�� calendar days a41ta they are due.any stm�s secured by tWs Deed of a�vst, Lender pdor to accderatton st�U Q1ve - -
<br /> nottce to Borrower as provided in�u'a�aPh 12 l�reof epecifytn�: (1) the breach3 (2) the Actlon reqWred to cure F_���;Y�
<br /> _ �.... r� such breach3(3) a date,not Iess ttun?A days tlrom the date the notia is melled to Borrower►by whtc6 such breach Y--- - ____
<br /> � � must be curetk and(4)thst faUun to cure such brexch on or before the date epecifled in the nottce may re.gult tn ,.-;,,��_"`�'
<br /> �� aaderatlon of tt�e s�m�s secured by ttils Deed of Tn�t and sale of the Pro�ty. Tt�e nottce s►�at� f'urtt�c�'fnf°�n ,,�.�,� � =
<br /> Borrower of the risht to reinstate sRer acceleration and the riQht to brtn$s court adion to assert the nonexLstence of �.�`�,r�;�;�__
<br /> � a def4ult or any other defenge of Borrower to accdaration end sale. It the breac h i s n o t c�on or b e f o r e t L e d a t e ��r• ��"�, ._.••
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<br /> 6p�xitied in tt�e not(ce,Lender,at Lender's option,may declare all of the s�s secured by thts Deed of Tnut to be �:�.',:�'�'
<br /> �� immedtAtdy due and payable witiwut furti�r deenend end may tnvoke the power af sale end Any othcr r�edles "-°:��;�:-.;�?:�`•
<br /> Incumed in �:-.�i�"�'`*��i,�= ;�
<br /> . perntitted by applicable low. Lencle�' shall be entttled to colled all rexson�ble costs �►nd expa�es ..,*,;��;` _
<br /> ,- p u r s u i n�the remedtes provided in this para�rStPh 17,tncludln�,bu¢not Itmlted to,reasonable at4arneys' tces. . ..- .�;�..:�
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<br /> � "'Y It t6e power oP sale[s Invoked,'Tn�stee ehall re�cord a notice of defAUlt in ench county In whici�the Property or . . .. .
<br /> some part tixreot ts located and shell m�tl copib of such notice in the mnnner prascribed by applic�ble tativ to ,
<br /> � � _.��___�_ •�.e.��...o.�t�otilp In�.AfYnr the laase of BuCh�Im!es m4y I�C r2qW�ed by
<br /> ..- -- - --'----�- BORVWR'anm io inc w�w Erawan p.w...........a ^rr-------�...-----� - . � --=-_—._..
<br /> _ � apptirable 1�v� Tn�stee shsll give pu411c nottce of sale to the persoa►s and In the manner prescrlbed bY sPP���ble - - -�
<br /> law.Trus2ee,without der�nand on Borro�vex�shsll sell the Ih�operty at public auctton to We htghest bidder et the tlme
<br /> and pince snd under the terms deslgnAted In the noUce of sale In one or more parcels and tn�such order ns Trustee ,
<br /> :. I may detpran.l+ne. 7Yustee may postpone sa�e of all or any parcel of the Property by public announc�ient at the t(me ,
<br /> � and p1ACe of any previousll scheduled sale.Lcnder or Lender's deslgnec mey purchASe the Propeity at nny s�le.
<br /> I Upon receipt of paylc►ent of the price l�id,�'r�tee shall deliver to the purchaser Trustee's deed cmnveyln�the !;;;
<br /> � 1 P r o p e K y s o l d. T h e r e c l t a l s in the Trustee's deec9 e'hall be prima fncie evadence of the truth of the siat�nenta made j;.;,:, .
<br /> ��° � thereln.Tnutec shall epply t�e proceect�s of the sale in the following order.(a)to ail reasonahte costs end ex�eases of •
<br /> •� the sale,I��luding,but not�ia►ited to,Trastee's fees actually incurred of not more than 3�oP tt�e gross sale prtce, -
<br /> . reasonable attorneys' fees and costs oP tttle evidence; (b) to all swns secured by this Deed of Trust; and(c) the ..
<br /> excess,if tuny,to the person or pe�son9 legally entitled thereto.
<br /> � Ncbraeke 26876•3 i�roa originai lRecorded) Copy(Branch) Copy(Cuetomer) Pegc 3 of 5
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