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<br /> ' NON-UNIFORM COVENANTS. Bormwer aad Lender funher wvenant and agree as fotlows: , .
<br /> ' � . 19. A�oele�atIon;Re�t� Eacept as provided in patagraph lb hereo�upon Borrowe�s breach of azty covenant _-- :- -=.` .
<br /> • - or agreemeat of Borrawer ia this Deed of Tmst�including Boaower's failwe to pay,Gy the ead of 10 calendar days � • � ', 4• •- '
<br /> � � afte�c they are due,aay sums secared by this Deed of 1'rust,Lender prior co acceleratfQn shali give aocice to Borrower
<br /> as provided ia paragraph 12 hereof spedfying:(1)che breach;(2)the aaion required to cure such breacD:(3)a date, . ,
<br /> , not tess than?A days frum the date the notIce is matted to Borrawer,bY whfCh such breach must be�vrecl:aad(4�that �. :�..
<br /> � � failure w c�ue sac6 breach on or beWre the date speclfied in the notioe may result in acceleration ot the ssms secured
<br /> .� by this Deed of Tn�st and sale of the Pmperty. The notice shall fiuWer inform Borrower of the dg5t to nInstate after �; � ,
<br /> acceleratfon and the right to brdng a court aaion to assert the none�dstence of a default or any other defense of ` . .
<br /> � =- Borrower to acceleratioa aad sale. If We breach is not cured on or before the date sper�fied in the aotice,Lender, �
<br /> - -, .--- at Lcndcr's aption,may declare all of the sums secured by tl�is Deed of Trust ta be immediately due and payab2e _ ` "� , --_ -
<br /> Iicable law. Leader . --z�.:.-,_,F.
<br /> ' ' without further demandand u�ay imoke the power of sale aad any other remedies permitted byspp ,
<br /> sl�all be entitled to collect all reasonable oosts and eapenses incuned in pursuing the remedies provided in this �
<br /> paragraph 17,including,but not limited w,reasonable attorneys'fees. ..�. -. .
<br /> , If the power of sale is imroked,Trustee shall record a notloe of defauit in each wunty 1n w�ich the Property or . .
<br />� . , ' .� some part thereof is laated aud shall ma�copies of such aot�ce in tiie manner prescn'bed Uy applirable law to _
<br /> Borrower and to the other gersons prescn'6ed isq applIcable law After the lapse of such time as may be required by ,
<br /> ' . apPlicable law,Tnistee shall g[ve pnblic not�ce of sale to the psrsans aad in the manaer prescn'�ed by applacable law. , .
<br /> � 'IYustee,arithont demand on Borrower,shall sell the Propertg at pnblic auction to the highest bidder at the time and
<br /> , . place and�der the tetms designated in the notice of sale In one or more patcels and in such order as Tn�stee may , : � �.�"r;_;
<br /> ° determiae, Ts�stee may postpone sale of all or any paroel of the Property by pnbHc anaouncement at the time aud �` "'°'-�
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<br /> - ' � place of any prevtousiy schednled sate. Lender or Lende�'s designee may pnrchase the Property at a�r sale. . : ` �,P,;.
<br /> � Upc►n r�eipt of payment of the pdce bid,Tmstee shall deliver to the pnrchaser Truste�'s deed aoaveytng the . �.-
<br /> _ . Property sold. The recItaLs ia the Trustee's deed shall be prtma fade evIdence of the trnt�of the statements made ' � . °`��=
<br /> ,..;�.-�
<br /> therein. 'Tivstee shall apply the praceeds of the sale in the followIng order.(a)to all reasonable costs and expenses . . _ s:-,.-
<br /> y 5.000 � %of ' �'``
<br /> . • " of the sal�inclnding,but aot limited w,Trustee's fees actuaII incarred of not more than - _--._-•..�;;�".
<br /> � the p;oss sate prIc�reasonab2e attomeys'fees and costs of title evIdeac�(b)to all sums saaared by Wis Deed of Trust; •...�;�__
<br /> . •i and(c)the e�ss,if a�r,to the person or geisons legaity cntttted thereto. � �.[,�r==�
<br />-. ' 1� Bomawr�s RfigLt w Reinstat� NotwiWstanding Lende�s acceleration of the sums secured iry thts Deed of . ���.''`'��:
<br /> ` t °� -:
<br /> = � - � '•f Trast,due to Horrower's breach,Borrower shall have the rlght to have any proccedings begun bq Lender to enforae k i, ;
<br /> �• • WIs Deed of Ttast disooatinned at any dme pdor to tlte earlier to occar of(�the Sfth day before sate of the Propertq . <..�;'
<br /> ''' , � p�usuant ta ths power of sate contained in Wis Deed of Trast or i� en of a u ent enforcln this Deed of T`rust . ,;.°F ..�
<br /> (7 �rr 1 � s ,=�i,;�.,
<br /> i� (a) Bormwer pays Lender all sums which would be ttsen due under Wis Deed of'IYast and the Note had ao ;,,=�"��.;
<br /> aooeleration oaaured;(b)Borrawer cures all breacd�es of aay other aovenaats or agreements of Borrawer oontained ��`."`�� , ;�,r
<br /> `- ;,�
<br /> , " ia th�s Deed of Trnst;(c)Boaower pays all reasonable eapenses incorred bq L�er and Trustee in enforcing the •= •t" =rz
<br /> � . cuvenants and agreements of Borrower contaiued in Wis Deed of Trast aad ia enforcing Lender's and'IYastee's � � �`���:'
<br /> remedies as provfded in paragraPh 17 hereo�including,but not limited to,reasonable attomeys'fees;and(d)Borrower � �� •�-,:.�:
<br /> - takes sach action as I.ender may reasonably reqaIte to assitte that tt�tien of this Deed of 1Ya�s�,I.ender's interest ia ° . �'"...��'..
<br /> ' . ttte Property aad Hosmwes's oblig�tioa to pay the sums secvred by thls Deed of Trusi shali cantiane unimpaired. . .�:,':ti='<
<br /> .. ._;�_
<br /> � Upon such payment and cure by Bonower,thLs Deed of Trust and the obligations sec�ued hereby shall remain ia fnll � °--::�;,x�_.
<br /> • farce and effect as if no acceleratIon had occarred. , � - .� ' ��`-
<br /> �- 19 Asdgp�eat of R�ts�►pPalniment of Reaeiver,I�der m Yosscsdaa. As addittonal aecurity herewnder, '�:��'`A.-. _
<br /> ��� � . Bonower herebp assigns to Leader the renLS of the Property,provIded tLat Borrower shall,prior to acceleration under � ` ,!;r�;.
<br /> . . paragraph 17 hereof or abandonment of the Property,l�ave the rtght to oollect and retaia such reats as they becvme . , •;'Y
<br /> ' � due and payabte. � ; °:.
<br /> f Upon accelerauon under parap�aph 17 hereof or a°aadonment of tbe Properc�,Lender,in petson,by ag�at or by , ��_
<br /> ! jadiclalty appointed receiver shall be entitted to enter upon,take possession of aad manage the Property and to collert .. . -.--
<br /> � �.,k the rents of the Property incinding those past due. All rents ooltecte3 by Lender or the receiver shall be applIed Sist :_ , , - �
<br /> � # to payment of the costs of management of the Properry and coltectton of rents,including,but�aa llmited to,receivefs � ._,� . • -
<br /> '.j fees,premiums on recciver's bonds and reasonable attomeys'fees.and then to We sums secured by tf�is Deed of Trus� . ,.
<br /> '� , 1 Lender and the receiver shaU be liable to account oNy for those rents actually received. �•�
<br /> - • 211. Reoamreyau� Ugon payment of all sums se�a�red by Wis Deed of Trust,Lender shall reqnest Trastee to
<br /> � recomey the Property ana shall surrender this Deed of'IYust an�ai.�notes evidencing iaCebtedaess ses�ued by this . � �
<br /> � Deed of'I�ust to Trustee. Trustee shall rerom�ey the Property wic�a�i warranty and without charge to the person or
<br /> persons legally entitled thereto. Sach person or persons shall pay all cosu of reaordat3on,if any. .. . '
<br /> ' 21, Snbstitate Troste� Lender,at Lender's opdon,may from time to time rez4ve Trnstee and appoint a s�ccessor , .
<br /> �`•�b trustee to any Trustee appointed hereunder by an instr�ment recorded in the county in which thLs Deed of'IYust is
<br /> . : � recorded. WiC6out com�eyance of We Prcperty,the successor trustee shall suceced to all the title,power and duties : . _
<br /> : o�nferred upon the Trustee herein and by appllcable law
<br /> % ` � 22, Requ�t fnr Notiocc. Borrower requests t�at copies of the notice of defanit and notice of sffie be sent to
<br /> Boaower's address whlcb is the Yroperry Address. �
<br /> ' � REQUF�i'FOR Id0'fICE OF DEFAULT ' .
<br /> �. j AND FORECLASURE UNDFdt SUPERIOR ' . .
<br /> � MOR'I�OAGFS OR DEEDS OF TRUSf
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<br /> ' � Borrower and Lender request the hotder of any mortgage,dceA of vust or other encnmbrance wIth a lien which t
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<br /> • has priority over thss Deed of Trust to give Notice to Lender.at Lender's address set fonh on page one of th�s Deed ' � �
<br /> of Tnut.of any default under the superior encumbrance and of any sale or other foreclosure action. �
<br /> NP�R/LSF�ASECOND MOK"PGAGH•1B0-FNMNFHIMC UNIIrORM IIJSIRUM@TP ���
<br /> � .- • Documm�Systea*Inc(8ao)Mu�b2 PBgC 4 Of 5 _ .
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