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<br /> - �7p'°r ���`•r63 3508051 01/�7/1996 �
<br /> ' SRIAN B. LAUX YCBNDRA K LR.UX ___
<br /> � � lE. Borrower's Rt�ht to Relnstate. Notwithsta�xling l.etxler's acceleration of the sums secured Uy this Deed of
<br /> "J Tcust,due tu &►rruwer's breacl�, Surrower�liall have tne right tu have any pra;eeaings begun by L.eader to eufarce tWs --
<br /> Deed of Tru.tit discontinued at sury tin�priiir tu tbe earlier tu�xcur uf(i) d►r fiftli ctay tx:fore di� sale of the Propsny -°
<br /> �`� purstwnt w the power of sale cuntained in this Uerd uti Trust ur(ii)entry��f a judgn�ent cufi+rcing this Deed af Ttust if:(a)
<br /> ; Bonower p�ys Ix�xler all sums whi�h would I� then due utxlet tlds Drrd uf Tru.tit a�xl the Note liact iw acceleradon
<br /> � �, occurred: (b) Burrower cures all hreaches �+f any �►ther covr�u�nts ur agrxen�enn��f Hurn�wer contained in this De�d of
<br /> ' Trust: (c) Burruwer pays aU reaumab�e expri�.ties i�xurrrd hy l.e�xl�r a�x1 Truyter in rnfi�rcing die covenants swd '�
<br /> � '", agreements��f Bonower ccmtatned in this Dred��f Tn�st��d in cnfi.�rcing l.c�xlrr's a�ul Trustee's remedies as pravided In M
<br /> paragrnph 17 here�+f, i�xludii�g. hut in�t limiteJ to. rea.un�abl� atturi�eys' fees: and (d) Borrawer takes such action as
<br /> ,;�"��� I.ender n�ay reaso�wbly reyuire to assurr that the ltcn �if d�is DCCII uf Tntst, l.r�xler's Intzrest ia the Praperty w�d �;
<br /> �.�.
<br /> Borrower's obligad�m to pay d�e sunu sex:urrd by this Deed of Trust sl��ll continue unimpaired. Upan such payment aad R-.
<br /> �C �_.
<br /> :�„ care by Borrower, this Derd e�f Trust a�xi the obUgaduns sctiured liereby sl►all remain in full fi►rce and effect as if aa �:
<br /> � � acceler�tion liad ciccuaed. ��-
<br /> 19. AsslQnment ot Rentst Appotntment of Recetver; l.ender In Possession. AS additional secuciry henunder. !�:.
<br />� ' Honuwer h�rehy a�.sig�u tu l.encler the rents of tl�e Pro�rty. pruvided that Borrower sl�all, prior ta acceleradon ucder ��
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<br /> patagraph 17 hereof ar abandorunent of the Properry,have the right n�c��llect and retain such rents as they become due wd
<br />- � ..�' Payable. � -
<br /> i� Upon acceleratiau under paragraph 17 hereof��r ahand�nuuent of the Pn+perty, Leader, in person. by Agent or by
<br /> judicially nppointed receiver shall be entided to enter u�x»i. take{x��.session nf and manage the Properry and ro collect the
<br /> . � cen�� of tlie Pmperty including those past due. All rents collected by l.eader or the receiver sha.11 be applied first to
<br /> _ �.� p�yment af dtt costs of n�anagement of the Property a�xl collection��f rents,ir�cludiag.but M�t limited to. receiver's fas.
<br /> prenuu�►u uii receiver's lx�nds a�td reasai�able attorneyti fees,and then tn die sun�s secured by tWs Deed of Trust.Lepder _
<br />_ � and t�e receiver shall be liahle to account only fcrc dwsr rents actuaUy received.
<br /> �, 20. Reconveyance. U{x�n payment of sll sums secured by this Deed of Tcust, Lxader shall request Tmsta to
<br />_ recoavey the Property a��d shalt surrender this Deed of Tcust and all nares evidem;ing indebtedness secured by this Deed of
<br /> : �� Trust to Tn�scee. Trustee shall reconvey[he Properry wlthciut wananry and widiout charge to the person ar persons legatly
<br /> eatitled thereto. Such persun ar petsons shall pay all costs of recurdadou,if wiy.
<br /> • , �,.� 21. Subst[tute T�ustee.Lender,at I.endcr's optton, may froni tln�e to t[n�e remove Tn�stee and appoint a siccessor
<br /> uustee to a.ny Tcu.stee appolnted l�ereunder by an instrun�ent recorded tn the caunry in which tbis Deed of Trust is
<br /> . recorded. Wi�hout conveyance af the Property. the suceessor trustee shall succeed to all the title, power and dudes
<br /> ' wnferred upon tlie Trustee herein aixi by applicable law.
<br />�� 22. Request for Nottces. Bonower requests that copies of the nndce of default and notice of sale be senc to
<br /> Barrower's address whicli is die Fropeay ndciicaa.
<br /> 23.Harardous Substances.B�irrowrr ShaU �xit cause or perniit the presence,us�.disposal,storage.or release of any
<br /> Ha�ardous Substances on or in the Ptopecry. Be�rrower shall not d��. mn allow anyune else m do. anything affxtin8 the
<br /> � � Property that is in violadon of any Environmental I..1w. T1ie precedi��two semences shall not apply to the presence,use.
<br /> � . or storage on the Property of small quantides of Ha7ardous Substances thut are generally recognized to be appmpslate tu
<br />- - nont�al residential uses and ro maintenance of t�e Properry.
<br />•:� . Bormwer shall prompdy give I.ender written ne�tice of any i�rvestigadun, clalai.demand, lawsuit or other acdon by
<br /> • any governnxntal or regolatory ageucy or private party involvtng the Property and any Hazardous Substawce or
<br />• •� � BnvtronmenW Law of which Bonower has actual knowledge. If Borrower leams, or Is nodfied by any goveramenul or
<br />_ reg�datory authorlty. that any renroval ur other ren�ediation of any Ha7ardous Substance affecdng the Property is
<br />.� � ` necessary, Borcower sliall pramptly take all necessary remedial aetions in aa:ordance widi Environn�eutal Law.
<br />,;;' .. "' As used ln th3s patagrapli 23, "Ha�ardous Substances"ace tliose substa�x:es detined as toaic ar ha7ardous substances
<br />_ �• by Environweutal 1.;tw and the following substances: gas��llne. ken►sene, odier flamn�able or toxic petroleum products,
<br /> • toaic pesdcides and herbicides.volatile se�lveuc,.materials wntain[ng asl�esros or fi�rmlldehyde,and tadioacdve matedals.
<br />- •�•� As used in this paragraph 23, "Euviruiui�ental L.aw" means federal laws aud laws nf the Jurisdicdon where the Ptopecty ts
<br /> � � located that relate to health,sutery ur envimnmental pmtectiou.
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<br /> � Nci�r:�,k.,ZC�K�r,-� ��v� Original(Recordedl Copy(Branch) Copy{Cuatomer) Yogea�,fs
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