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<br /> '' .° �• �.Co�d�Norl,Ths proceed�of eny�wa�d or cl�im I�r damapeo,dlrecl or conaequentlal,In connectlon with any
<br /> .� 't=-�=- - - � ��= condert�neticnorothertsklnpofthsPrope�iy►,orpartthereof,or(orconvay�ncsinli�uoloond�mndlon,�n henby�sslyn�d __ _. -_-__._
<br /> �� � �� and�h�ll bs p�id to I.�nd�r.
<br /> • In Ihs went of a tof�l bklna of th�P�op�rty,the proasdr ehall be a plled to the wms secursd by thla Deed o1 Trust,with ��_
<br /> �i� , th�s�a�1�,N�ny,pald to 8o►row�r.In fhs ev�nto1•putial faklng o1 e Property unles�8orrower and l.ender otherwiae ______
<br /> apr�elnwritinp,thsr��hallb��ppIl�dtolhstums�eauredbythlsDeedotTrusi�u�hproportlonottheprocsed�asbsqualto �:����
<br /> � , • � thstproportionwhichUwomouMolthewm4oe+suredbylhls0eedofT�ustimmedlatelyprfortoMedeteolt�Ningbearotothe �_,- ,:--___�-_�
<br /> hir tn�rkN vatus of ths prop�rtY Imm�dUtNy prlor to fh�d�te ol tokinp,wlth the balencs of ths p►oc�ads peld to Borrower. .����:-,�°.___.
<br /> • � If the P�opefy is aMndoned by 8orrowe►,or if,Nbr noUce by Lender to Borrower that the condemnor oflers to make an
<br /> , o award or�ttl�a el�lm for demapa�,8onow�r hllt to�apond ro Lander within 3�d�ys ader tM dete such nWice Is mdled, `-° - -
<br /> -� lendw isouthorized to coll�ct end apply the procwds,At L�nd�r's optlon,olth�rto nstorotlon or repafr ol th�Property or to
<br /> • � th�sums�scured by thls Deed of Tnis� �r
<br /> ' Unlea�Lendsr�nd8orroweratherwiseapreeinwrltln�,anysuchepplicedonofproceedstoprincipelshellnotpxtendor �'° —
<br /> ., poatpone the dw dats of tha monthly inNallm�nb roN►red to in pareQraph�1 and 2 hereof or ohanae the omowd ol such �"`-.!'� � -
<br /> ,. � installmenls.
<br /> :,�;� •� r 10. eanow..NaR.�.d.Extonslonofthetimefor paymentormodificationofemohlzetionotthesumsaecuredbythis �''';..—
<br />-- . Deed ot Truet pranted by Lender to any suacessor In Interest of Borrower shall not operate to release.In any rnenner,the �___
<br /> ` x' •� V �� Ilabflllyoflheorfpinal8orrowerend8orrower'esucceaeorolnteres�lenderohallnotberequiredtocommenceprceeedlnqa ����
<br /> ` ` � ���``• ep6iMt auCh wCCestO�O��efu�e t0 exbnd Gme for payment or otherwise modiy amoAizepon of the sums eecured by this ----
<br /> _t�� Mod of Trust by reawn ot any demand meds by the alpinel Borrower and 8onower's succeaaors In Intere�. �,
<br /> 71, Fabat�nc�b�L�nd�r Not a W�Iv�r.Any forbearence by Lender In exercielnp any rlpht or remedy hereunder,or
<br />:•; „ , otherwiae aflordsd by applloabls lew, ehall not 6e a waiver of orp�eclude the exerciae of eny such right or remedy.The _
<br />- _ proaurarnentofimuranceofthapaymentoftexesorotherllensorcher�esbyLondorthellnotbaawaiveroflender'sriphtto a��
<br /> . �� ' � � ecceterete the meturlty of the indsbtedneas aecured by this Deed of TrueR �.�:,�r - ---
<br /> 1�. RMn�dlu Cwpulatiw All remedies provided in thls Deed of Trust ere dlstinct and cumulative to any other NgM or .. _--� _
<br /> r� �emed y under this Deed of Truat or aBorded by lew or equity, end may be exercised concurreMly, Independently or � "_°�°�'•
<br /> auccetairely. � �:�.:;'�:_
<br /> 13. SucaNSOa �nd As�ipn� Bouad; Jolnt and 8�v�ral Ll�billqr; C�pllont. The covenants and agreements herein -•-.-r'—
<br /> ' contelnedsheNbind,andtheriphtshereunderdhellinureto,lhereapectivesucceasasandeseipnsofLenderend8orrower, � ..� {..�'�
<br /> ' eubject to the provleions ot perapraph 17 hereof.All covenenta and egreementa of 6orrower ahell be jofnt and several.The � �� � "'r-�
<br /> • ,q� c ep t l o n s a n d h e a d i n p e o f t h e p a re y re p h a o 1 t h i s D e e d o f T r u s t are for convenlence onl y and are not to 6e used lo fMerpret or ..•.n,�,,; ----
<br /> . define the provisfona hereol. . ��_ =
<br /> ,' t�. NoNo�.Exceptbr any notice required under appliceble law to be given inanother menner,(a)any notke to Borrower ;_;;;,.r =_
<br /> providedforinthfsDeedofTrustaheNbe�ivenbymeiNng suchnoticebycehifiedmalleddressedto6o►roweratthePropeAy � -. .� �;_
<br /> Address o►ateuch othe►addreae es Borrower may desi�nete by notice to Lender as provided hereln,end(b►any notice to •
<br /> lender shell bep Iven by ceRifled mell,rotum recelpt requeated,to Lender'saddresa stated hereln or ro such other eddress as �—��
<br /> Lender may desfgnate by noticeto Bonower ae provided herein.Any notice provided lor in thls Deed ol Trust ehall be deemed �
<br /> - --- .,, .�o •.:.,,;; w "
<br /> - ==� to lt�ve lxs�piven to Bonowst er Lender when Qlvwn In the menner designeted herein. �__
<br /> __�,
<br /> 76. Unifonn D��d ot Tnid;Oor�tNn�Law;Srv�tablW�►.The form o}deed of truat combinea unilorm covenants for ' '3i�—`
<br /> nelfonal use end non-uniform covenants with Iimited verietione by jurisdlction to constitute a unilorm aecurity inatrument � •��,•'�
<br /> • covednq real propeAy.Thfa Oeed o1 Truat ahell be poverned by the lew ol lhe ju�isdictlon in which the Property is Ixated.In � �p;_
<br /> the eventthat eny provlslon or clauee o1 thls Deed of 7ruat or the Note ccnflicts wfih appIicable lew,such cantl ict shell not
<br /> affectotherprovision�of thie 0eed of T�ust or the Note which cen be�iven eHect without the con111cNnp proviebns,end to thia j�!�=-
<br />• end the pravitlons of the Deed of Trust end Me Note are declared to be aeveraMe. ����
<br /> " 10. BonoN�r's Copr.Borrower ahell be furni4hed a con(ormed copy of the Note and of this Oeed of Trusl at the time o1 . ��.�,.�,
<br /> r executlon or eRer recordeUon hereof. � :
<br /> 17. Tnnd�r ol tM Prop�rhr;Anumptlon.If all or any peN of the property or a n intereat fherein Is sold or translerred by '' :• ±�
<br /> � Bo�rowerwithoutLender'sprforwrittenconsent,excluding(a)lhecreationotaNen orencumbranceaubordinete tothfaDeed -
<br /> olTrwt.(b)thec►satlonofapurcheaernoneyeecuriryinterest(orhouseholdeppllences,(c►eTrRna/erbydevieedescentorby -., , �r:.:,� :
<br /> operallon of lew upon the death of a jointtenantor(d)the�rant of eny leaaehold interest of three yeara or lesa notconfeininp an "
<br /> option topurchese,Lender may,et Lender's option,declereall the suma secured by this Oeed ol Trust to be immedletety due � _. ,,� •
<br /> i and peyable.Lender ahall heve welved such optfon to accelerate il,prior to lhe sale or trensler,Lender and thepe reon to �
<br /> ' whom the Property is to be sold or Uansferred reech apreemenf In wrlting that the credit of auch person ia eatislactory to _
<br /> j.. Lender and tt�et the interest payable on the sums secured by thfa Deed of Trust shal l be at such rate aa Lenderahell request.II . —
<br /> Lander Fias waived the optlon to acceterate p►ovided in this paragraph 17, end II Borrower's successor+n interest has
<br /> j executed a wrllten easumptlon epreement accepted in writinq by Lender,Lender shell�elease Borrower Irom al l abli�ations � . _
<br /> , under this Oeed of Truat end the Note. !
<br /> i ' If Lender exercisea such optlon to acceterate,Lender shall mail Borrower notice of accelereNon in accordance wfth -
<br /> � ' paraqraphl4hereof.3uchnoticeshellprovideaperlodofnotlessthan30deysl�omthedetethenoticeismailedwithinwhich '�x ".
<br /> .. . Borrower may pay the auma declered due.If Borrower fails to pay such sums prior to the expiration oi such period.Lender � ��
<br /> may,w{thout lu�ther notice or demond on Borrower,invoke eny remedies permitled by peragraph 18 hereol. � �: -�_-
<br /> NON•UNIFOiiM COVBNANTS.Bonow�r�nd L�nd�r IwIhK cov�n�nt and q�N as lollows: �'`'�"''
<br /> ` y; ..�=-
<br /> � 1!. Aec�rafbn;R�m�dIN.Except es provided in peragraph 17 hereof,upon 8orrower's breach of any covenant or ' �
<br /> egreement ol8orrower in this Deed of 7rusL Including the covenants to pay when dueany sums aecured by thlsDeed of Trus� ' �� . -
<br /> � Lenderprlortoaccete►atfonahallmellnoticetoBorroweresprovidedinparegraph 14hereolspecHying:(1►thebreach;(2)the , • �-.�•� ,
<br /> ectfon required to cure auch breach;(3)e dete,not less than 30 daysirom the date the notice is mailed to Borrower,by which � �• . ..
<br /> , � suchbreachmustbecured;and(4)thetfalluretocuresuchbreachonorbeforethedatespeCifledinthanoticerneyresultin
<br /> acceleretion o�thesums secured bythfsDeedof Trust end sele of the Property.The notice shall lurther inform Borrowerof the
<br /> right to reinstele after acceleratlon a�d the rlpht to bring a couM ectlon to asseh ttie non-exlatence of a dafault or eny other ,
<br /> defense ol Borrower to acceleration and sale.lf the breach is not cured on or belore the date specHied in the nollce,Lender at
<br /> Lender'soption mey decla�e all o}the sums eecured by thfs Deed of Trust to be immedlately due end pc�yable without further �
<br /> � k demend end mey Invoke the powef of sele end any other remedles permltted by applicable law.Lender shall be entitled to
<br /> � collect all reaeo�eblecostsand expenaes incur�ed In pursufnp the remedies provided in the paregi aph 18,includlnp,but not
<br /> Ilmited to,reaaonable ettorney's fees.
<br /> If Ihe power of sale fs invo ked,Trustee ahell record a notice of default In each county in which the Properry or some part
<br /> thereof ialoceted and shell mall coples of such notice in Ihe manner prescribed byapplicable law lo Borrower end to lhe other
<br /> persons preacrfbed by applicabte law.After the lapse ot such time as may be required by appllcable lew.Truatee shall give •
<br /> publ�notice of sale to the persons and in the manner prescrfbed by appllcable law.Trustee,wlthout demand on Borrower,
<br /> ehall sellthe Properly et pubflc auctlon to the hlghest bldder at the time and plece and under lhe termsdesignated inthe notfce
<br /> ot sale in one or mo�e parcels and In such order as Truatee may determine.Trustee may postpone sale ot all a any parcel 01
<br /> ' the Property by publlC announcement at the tlme and place ol eny previously sCheduled aele.Lender or Lender's desfpnee
<br /> , mey pu rchase the Property et any sale. _
<br /> _ ` 1 UDOn recelpt of payment at tne pnce oia,I fUSt@8 8fiaii deiiver iu iiie pw�i�a�a�i r uaiuu'b uv&u Gvi�voyii�p ii�e�i Gyoriy 5vi� -
<br /> The recitals In the Trustee's deed shall be prlma facle evldence o1 the truth of the statements made therein.Truslee shall apply
<br /> the proceedsot the sale in the loltowing order.(a)to all reasonable costs and expen ses of the sale,including,but not Iimlted to,
<br /> . Trustee'sleesol not more then__ 96 0l the grosssale price,reasonable eflorney's feea and costs oltdleevidence:
<br /> (b)to all auma secured by thls Deed ot Truak and(c)the excess,if any,to the person or persona legally entllled thereto.
<br /> . 19. Bonow�r's Nlpbt to Rpindd�.Notwlthstanding Lender's accelerotion of the suma secured by this Deed of Trust.
<br /> 8orrowershellhevetherighttoheveanyproceedingsbegunbylendertoenlorce thebeedotTrustdlscontinuedalanytime
<br /> � priorto the earller to occur ot(f)the ffkh day before the sale of the Property pursuant to the power of�ale contalned m Ihe Deed
<br /> of Trust pf)entry of a�udflmen�enlorcing this Oeed ot Trust it:(a)Borrower pays Lender all suma which would be then due
<br /> under thls Deed ot Truat,the Note and notea securing Future Advances,if any,had no acceleratfon occured:(b)Borrower
<br /> cures all breaches ol any other covenants or egreements ot Borrower contained in Ihis Deed of Trust:(c)Borrower pays all
<br /> reasonable expensea Incurred by Lender and Trustee enforcing Ihe covenents and agreements of 8orrower contamed in this
<br /> " Deed of Truatand in enlorclnp Lender'send Trustee's remedfea as provided In paragreph 18 hereof,mcluding,butnot limited
<br /> to,reasonableatlorney's fees;and(d)Borrower takes such actl�n as Lender mayreasonably requfreto assurethatthe Ilen of
<br /> thia Deed of Trust,Lender'a Interest In the Property and Borrower'a oblfgatlon to pay the sums secured by thla Deed ol Trust
<br /> shallconlfnue unlmpalred.Upon auch�eyment and cure by Borrower,this Deed o1 Trust and the obligation s sec ured hereby
<br /> � ahall rernein In full lorce and eNect as il no accelerat�on had occurred.
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