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<br /> : � _. .. - •-- ... _..� �,., .. � 101733 Ol/16/1998 t �t ` ,'
<br /> � , ', 1 n�vgt R MCC�RDy Co�NI6 MC�RDY �ar coms��+ia o�on w�th an9 F•�: ':t = �'_*':
<br /> . _ 9.��-�pmc�s of a�nY awazd or claim for damaSes• in liea of conde�n.��y ` , .
<br /> �r the�eo� or 5�coaveyanse : .`���>'�
<br /> � ' `. �n or a3Ler t�8 of the ProPe�tS►• P� ''
<br /> deed of tmst or othec s���a �`: `.` ,
<br /> - 'c`�;_,
<br /> - '. asstgnsd aud sLaU.6e paid w 1ruSet.snbjec�to the temis of an9�Sa� � � : - --_. ,,
<br /> a =: -_:.
<br />- --� �--`` `�- I�ea w,'�IcL I�s prIo�tY av�this De9d of Tcast. �.PIai a Walv�. E�ion of the time for Pay� °r Qp - - - - .
<br /> • �.. � L0. �on+awer Na�.. Rdeas�a 6or�2ar�aoe 89 ��r to an9 suoo�or in�of � - . . _ �:�"`-
<br /> ° b �i s DeeQ of Trast gmnted uY
<br /> . r � �i&c�an of asnosdmdua of the sv��y� tLe liabilit9 of the originsl Boaower a�o�Boaower's sa��� ..��� F. ..`•,::- .
<br /> w Boaovrer sba11 uot ogemt�co celease,ia any � gy��r�tefuse co e�tend dme f�r payme�� < ,
<br /> I,ender s2�s11 n+at be cequi�ed co commea�e pr�8s a8� `�
<br /> , �. �, by�n of aay de�n+d made bY t�°ngwal� . .
<br /> amnrtizadaa of the svmg secured bY t�s Deed of Tmsc ��y���� � .
<br /> � or o��fY fotbea�anse 1s9 I�en�in exezcisinS aaY�� ` '.
<br /> ccism
<br /> � ' Boaower ead Bosmwer's s�u�cessots In intemst.AnY of sus�tigbt or�a�9• � -., �;;:: :��.� .
<br /> � � - or otheswise afforde�by eyplicat�te law.shaU no:be a waiver of or precinde the exerase �9 � ���, . , .
<br /> �u�i aofat naa sPV�ral Idabi�9�co�sisn�rs. T1�CO1e0�°� a� " : +�1 `
<br /> .� -. -. "- ii.Saw�ss��em�As�1� �imue w.tte�ve����of L�n�er and 8��. , .
<br /> ws
<br />_ .._ _. r.J�r ���1�0,au�the d8�ta he�ennder � of Boauv�rex s�aH be jomt a�ssl �.�;.��.--:�';__.-_ �_
<br /> � . j snbjea m the ginvLstons of paragtapb 16 heteof. All cavenaa�s a� , this Deed of Tiust ont9 co , -..
<br /> II3[ � `
<br /> . °:. i /�np Boaawer w4�o co�s�Bns this Deed of Tct�st.but dnss uot eaewte the Note.(a)�s��g �� ; `�.t:<�.
<br /> � � t Bosrower�s iatezes�ia ttu ProPertY �rn�stee ander tl�tecros of this� � ��� �i,� ; ,.
<br /> � . _ gtant and comrey thait �Dee�of'fiast.aah(c)8Sce�d�Le�ler and anY � ': _:°;;�`�
<br /> . .. � pe�sopallp liahte on die Note or�er � tn the�cros of tlus Deed _t s,� .,„ry;�
<br /> � , � �to eatend.modifY fo�ar.or make any other accommndatio�'��d �Deed of Tmst�d� '4='��,:;
<br /> y ' nsem and without releasi°g wer �g ?� Y`
<br /> . the Na�.wltf�nt tbat Boa�nwec's co ��
<br /> under a�Plicab2e g►�► manne� (a1�Y�� f :,�:�°-'�'`
<br /> .. .:; Bo a o w e r's i u s e c e s t i n t h e P c o P e rt Y• ��� l aw t o b e e n i a a n o� n �� ;y;��F���
<br /> � - l2.Nattae. Tuc�t for � ven by delivei3ng it or by ma�ia8 noaoe ify � ;.�.�s�.,��'.,..
<br /> • . � Baaaaver Pravided�r in tLis Deed of T:ast shall @i e 3ng aotice�o I.En� - <.: - ,._
<br /> ,,�-:a
<br /> , addcessed to Bamawer at tl�e Pmpe�t3►�or at svch atLer addcess as Bormwer maY�bY �or m soch � :'^�z�,�LL: :.. .
<br /> , ,� t�otice w l.ender shall be gtven by cecdSed mail to I.eudec's a��in this De�sl of `r .; ; a�__-
<br /> . p�{�beceia.aad N)enY b pntice w Bou+awer as Dmvfded hese�n.A�►��P��
<br /> . � � oiber adthess as I�may desiSnate Y , �`
<br /> ` ' to have been Stven to Bottower or�ndes when @iven in the marmer desg��� ';,_;�-�-_
<br /> � • T:ast shaU be deemed �state aiW tocal laws applisabte to ttus Deed of Tcosi sf�aII be t�laws of the , � ^ .
<br /> � - � 13.Governtn��+Seve=aLfiftY• of Fedetallaw to tbus ; i �=�• =-
<br /> � . � ju�ct�on in wLlch the Pmpert7►i s 1°�d' T�f°�B°�s e a t e n c e sbaU not t�mit tbe agPlss��► wi t h a p p 1� " :� '�. ..
<br /> Ielaw. :��.<: .�:.i.�-;-
<br /> � � • DeEd of T:ast. In the event tbac su5►Pmvision or clause of tbis Deed of Tmst or the Idote c o u 8 t c t s �wl�oat the =� ��_-=�
<br /> mvisions of this Dced of Tzust or the Nou w3�i�1►can b��► � '`:�-,,;_,,—�-
<br /> � ` �h cuafltct sd�aU aot aff�t ot�P w be�verable.As : ;..W--�--
<br /> Detd of Tn�st�nd the Note are d�clated �'�.
<br /> on, and to tbis en�the pYavis�oas of this ����bY�y�Iaw or ��; ',�`;k?
<br /> � ;�
<br /> . . co�cting�. .��• �•attarneYs� fe�� include a11 s�ms w t�e '
<br /> . ��.i�=s.��`
<br /> y r � 118Cd hEi2�D. • -- y
<br /> ��e�n. �e��a��o��py of the Note and af chfis Doed of Tmst at d�e _ :��"�r°.�,.���
<br /> � _ 14.Bote+�wer'B CopY•H osower shaU � �,;���'.t-�`
<br /> nor�fter reco:da8onheceof. •s obH ns under aa9 � ;'���,. �r.,
<br /> time of execat�o Bonower shall fa1511 aU uf Bosmwer � '��;:
<br /> . . . �g g�b�lon L�an A�� wlth Leader.Lend�at I.ender S N' �':,'�,
<br /> • wbith Bortower ente�s into Le d ,�b�,�,
<br /> re�abilitatton.imArovemen�.rePa�or other loan agreeme� tab2e to I.ender.an asst�of�9 , �"�'9.
<br /> in conmec�Ion >� � ,,.•
<br /> Bo:mwer to execute and deliver to Lendec. in a foim acceP ;: ,�,.n,,_.
<br /> .. , ". option, �Y�Te which Boaower may have a8ains�P��who s�pply labor,���� .�;', •
<br /> ' . , �gbts.clai�s or defensses :-;��:`
<br /> e en
<br /> maQe to the Ptopotty. of the PmpertY or a�9� :-..:*'.�::
<br /> ��i��af the F�oP�t9'or a Beaefidal Int�ia B�rrower. Ii sU or eaY P�nd Bo�ower is�t a nataial . 'c.�,�
<br /> clal intetest la Bomav�et is cotd o:uansfeued .'i.�s�'�'-"�
<br /> . � � ia it is so2d os tr�sferred(or if a benefc a in fall of all sams - —:�. ,-=-
<br /> .���n�'_—
<br /> petson)wt���er S Arior written consent.Lender may.at its opdoa.require ���P�� �ted by federel ,� ,,,.,���
<br /> Deed of T�ast.Howevec,ttiis oDt�oa shall aot 6e exercisod by I�enQer ��..a��-.'s
<br /> . s�curedby this ;��,; -:.:
<br /> ` law as of the date of t�is D�d of Tcust. ve Bo�rowe���of acceletadoa'��tice sbail Pravide a Peiiad . ,�:'?�;;•.:
<br /> . . . If Leader exe�ise.s this oPdon.Ixnder shaU$
<br /> � .� of noi lesw than 30 days from the date the aodce is delivered or c co the x iratio�B�P������� „ ���-
<br /> � _. iyy this Deed of T=asG If Bormwer fails co pay these sums Prio P , ::,� .
<br /> � • rem.edies permiued by this Deed of Tmst wtthout fanher IIodce or domaad on Borrawer.�follows: ';' �,"�:••
<br /> • . NOIS-UNII�ORM CoVENANTS. Bormwa and Lender fiuther coveaaat aad ag�ee n Bon^�wer's b� oY an4► .
<br /> av tavlded ta paseSraDb 16 harcof. upo
<br /> � � � • 17. AooelesaHaa; Remetlies. Esaep! D Borcower's falture to pa9,by the�►d of 10 � •
<br /> � � oovc,nan�or a�reaneat of Boirawer la Ws Deed of Tn�sb Inctudln8 wt ' .. .
<br /> s�uns sec�u+e0 by tNs Deed of TeuSt.L�de�Vr�or to aocel�rattan sma11 t¢ve y,
<br /> . are due,si►9 Tnc t ..
<br /> . -� calendar dsya ei�i�9 ded in paragraDb 1Z hereot sDec�9� (1)Itie 6reac�i (�2 the�tt���� � ,. . ��:,,.
<br /> naitoe to Bosmwer as pra�1
<br /> 1 such breac�,C3)a date,nat t�s tban?A days fram the date the aosice is matled to Eo��the natice may r�nri m .. � : .
<br /> , � j mus�be c�u�eQ3�d t�)�faflure t�D�d of Trust end sele o4 t Fir�p�Y�The nottce shaD ftuthae iafotm .. , .. _
<br /> � secela�atton of the s�s s��
<br /> . I Borrowpr af the dght to r�tastate eitcr acceleratton and the��eale It the ressc6 ts ao3 aue�on�nD����
<br /> ; a de4ault or sny atLer defrase o�Bomuwer to aooe�exattoderlare all of td�e�m�s 6ecur�bY tbls B�oY Trast to b� �
<br /> sped�ied 1n�a natice,l.eader.e�Land�r�s opetaa�a�w►�aoo�e��e�ow�r o��te�a eny a����
<br /> � immedlately dne ana p�,Y�le w[thout fiuthes d�un
<br /> , petmut¢� bY appllcaDle taw. Lcades sha11 be enutleA to coBect eU erasona6te casts anA axp� �
<br /> . � puisulaQ th�remedles pruvtded ir�tLfs para�Dh 17,indudlm8,but nos Ilmitcd to.�nab�wht�6 the'BropaRy� .
<br /> ' If the power of sate fs invo2ced�Trustee sbaU eecord e aattoe oY defnutt In eacm�beA by appllmble lm�to
<br /> � some ptut th�b lacated and shall ma11 �Pl� �cabt�e tewAiter the In�e o sw�h tim�as may�e reguired by
<br /> � � � � Borrawer and to tAe ut�er Pc�soa9 presarlbee by a�p �tbed by appllcable . .
<br /> . , aPpllcable la�v. Trustee s6a11 Slce Publlc notice of sale to the persoa9 uad in the monne�P bidder at th�ttme .
<br /> � law.Tn�.stee,wi3hout d�n�nd on BorroweriD�n�e��Pe�n ne or�more �pmrcds aad tn such order as'd'n�stee
<br /> ' '. an�place and under the te�ms deslBnnted 1 or ao arrel oY the Froperty by public ana�nuacaueat at the ttme �
<br /> may d�psmlae.'hustee rn�y pastpone sate oY al Y P U�e the PraPeriY�8°Y�e.
<br /> and plaae of any Prevlously scheduled snle.Lender or l.ender's desl�ee may p
<br /> - . Upom retetDt u�P��of the price bid,T� be rimn fado ecldence a�Y th trWh of t statem�as .
<br /> • . propetty solA. The reritals!n the Trustee's deed s P
<br /> . tY
<br /> � th�n.Trustee ehaD a�p19 the Pt'oc�of ti�c saie in the follov►MB order:le�)to ntl reasanabto costa enil�p���
<br /> the sate,fncludin8,but ao t ll m s ted to,TnLStee's fees edualty incurred of not more td�n�`�O of tfte�
<br /> -. rr�sonabie attorneys� fee� and costs nf title e�i��h br�etto all sums s¢cureA by th19 D e P d o�T r t t s li Md (c�the ,
<br /> - , eacess,if siny,to tge peason or persoaa le�ally .
<br /> �.
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