|
..— -.._..--�-.—��.�._'— ' . . . . . .., , . .i-_ . � _ _..— . ' �t-�... —_.
<br /> , A�� �� �, � .!����� 200709 Qi/30/199'f {�
<br /> � i
<br /> 9.CoII�nnaiifln.The proceeds of�ry award or cia�in�f�r��.dirxt or c+Vn�qnenri�1.iri sntu�ttion with an}r �--.-=. _-__. . ` . -
<br /> � condemaarion or att�r tak�g of the Property. or part theteo� or for comeyance ir►lieu of condemn�adon. are here�y • ." ' Y..
<br /> � assi�.2d aad sh�ll h�paid w LeIIdrr.subject to the terau of any martgage.deed of trust or ot�er security agreemeat with a . �=_--
<br /> ` lIen vrhich has prioritq over ti�s Deed of Ttus�t. � :. . .,'•Y'=,_
<br /> ° � 14. Borrowtr Not Rele�sed; Forb�ance By I.ea�aa N�t a Waiver. F,�ctensYOn of the time for payment or , —
<br /> � �odiftcation of amnrtization of the sums secur�ed by this Deed of Tiust gcansed by Irnder w any suxes�or ia interest of _
<br /> � Borrower sbali uot crpeiat�w releast.in any u�anner, die liabiliry of the original Bormwet and Homower's successors in . -
<br /> t interest.Lend�r shali not be reqvared to wmmence p�Ss a8����or or cefiue w eatend dme for PaYme�t .
<br /> i or othenvise�odifY amorti�adon of the sums secured by d�is Deed of Tn�.st by reasoa of suy demand mads by d�e original � �_ -
<br /> i Borrovrer aad Borrower s successo:s in insens[.A�+fo:hsaaance by Ixuder in exapsin8�Y ri8�or remedy hereunder. ; ,
<br /> er ot��i,.�affordgd by applicable law,shall not be a waiver of or preclude the exercise of a�uy such right or re�edy. _
<br /> 11.Stitooessois and Assigns Baum�;Jof�t snd Several LabiIIty4 Cu-slguers. The coveuants and agre�ments herein _
<br /> conrained shall bin�.and the Aghts herennder shall imue to,the respeaive successors and assigns of I.ender aad Boaower. • _
<br /> sabjecx ro th�provi�ous of paiag�ag�h 16 t�eof. All covenanis agd agreements of Boaower shall be joint and several. , ".
<br />� A�r Barmwer who co-si8ns thi.s Deal of Tntst,bnt does not execuse the Note.(a)is co-sigain8 this D�d of Tmst only to .
<br /> � S�and comeY t�at Bormwer's i�erest in the FmPenY m Trnsue nnder the ter�s of t�iis Detd of Tmst, (b)is nni . . . -
<br /> s .
<br /> ' � pe�offalip liable on the Note or under this Dee�i of Tn�st,fsnd(c)agrees that Lender and anY other�°n°���r . , .:�. �
<br /> sn
<br /> • may agre�co eatena,mo�i�fY,fiaiorar,or make any other acsommndations with regard to the terms of this Dc�i of Tnaa�t�i , .,���7, , ,,
<br /> r
<br /> the Note,arithout tt�at Boaower's consent and withoat releasing that BoYrovrer or modifying this Deed of Tmst as to that , :•� �
<br /> � Borrower's interes2 in the Ptoperty_ a uotice to ��
<br /> ]2.Notice.Eacepi for auy notice�red undee aPPlicable law to be givtn in another manner, () anY � _ _,�,
<br /> Bomnwer pmvided for in dns Dee�of Trast sball be g'tven bq delivering it or by a�ing sach noiice by�ed mail � �,•.�J -
<br /> address�to�ormwer at the Propetry Ad�ress or at sach oiher addmss as Borrowec may designate by nnttce to Lender as : Y. � �-
<br /> � provided herein.and N)�Y rwdce to Lender�hall be girr:�by certified ma�W L�ender's address stated r��D�e d o f ' -i �-: •'-'`
<br /> � other address as I.e�er map dea�gnate bY notice w Batt��r as provided herein.Any notice p m v i d e d ,� ',�_;.�
<br /> y .�
<br /> Tcost shall be deemed w have Tneen�ivea to Boaower or Le�ader when�in the manner desi�ated lierein- �,�,,,��
<br /> �3.Gov�I�w;Severabil[ty.'Ths state and local laws appsz�le m this Deed of Tm�sha11 be the la.s�af du =��;1,. ---
<br /> � s juUSdiaron in vdhic�the Property is located. The foregoing sentence s..:�SI not limct thee applicab�ity of Fedeial la�r to t�is :,, ;�r,�-;'
<br /> ' Deed of T�nst. In d�e event r�at anY Provis�on or clause of dris Deed of Tiust or the Note con8icts v++ith apPLz�`�s l�w• . �-' : _
<br /> sach wnflict sh�U not a�Ci other provisions of this Deed of Trust or the Note which can be given effect�aut the t .: ,,. �.:- �:
<br /> �
<br /> � conSict3t�g pmvision,and to tbis end the pmvisions of t�his Dexd of Trast aad the Nflte are declared w i�se�a�le. As -.. g y (
<br /> . , u s e d I u r e i n, 'ca s i s°,'e x�eoses' a�'auameys' fees'inclnde all s�w dae extent nnt pmh�ie:d bq applicable law or ,
<br /> _f
<br /> . limited hCiein. ���T ; y. `'"` �
<br /> 14.Bonower's Copy.Boaower shali be fumished a conEo�capy of the Noie and of tbis IDeed of�rnst at the ''�..-'.�
<br /> • ;?;�•'� � �:`�:-.
<br /> 6a�x of eaea�on o:aRer retmYdation hereof. ••��. �; '
<br /> 1S. atemabflY3ailon Laaim A�ee�►eat. Borrow�c s'hall fulfill all of Borrower's obliga4io�s a�C�7 s..--y home :, .:,± .�` _
<br /> � s e h a b i l i t a ti o n,i r�r o Ye m e n t.r e Pair or odaez loan agceemer�which Bosower ente�s into with Leader. Lender.at Lender's �`�`r,� '
<br /> . . opt�an, maY�e Bormwer to exe�te a�d dellver w Lender, ia a fomm acceptable to Leader.w s�igament o f wy ti_'. L '•',.��,,,
<br /> ... ., ' . .c 1.�.. •
<br /> �� rlghts.claims or defenses which Borrower m3y bave agaiast Pardes who sapply labor.materials oz sezvices in co�ectifln •_ �_.�:;.::
<br /> , + �. �,
<br /> � with imptovements m�de to the Ptopem►• �"•.`` ` �,
<br /> .�.{�` �{ —.
<br /> . 16.Transfar of th+e A�operiy or a B�eflrls�In4erest in�osraw�r. If all or auy pa:t of the Pmperty o=au�►mterest �"''�, —
<br /> in it is snW or�ansfrc�ed(or if a beneficial interest in Bonower is sold os tr�asfeaed and Boaower is mt a nuaral - _��.—
<br /> � petson)adthont I.ender's piior vnitten consent. Lender may.at its opdon.require immediate PaYment in full of all sumg -
<br /> sxa��d by this Deod of Tn�st. Aowever,tbis updoa shall not be exencised by Lender if exercise is pmhibited bq fede�l �-' _
<br /> �;. .-.,-- ----
<br /> iaa as of the dafe of this Dad of Tmst. �� �
<br /> If I.ender ese�clses this opdon,Lender shall give Bomuwer nodce of accelexa�an The�odce sball pmvide a pedod ,. : '�.�.�
<br /> � " � of not less thw 30 days from the date the�o�ce is delivered or mailed wIthin wbicti Boaower must pay all sumv secund •. � ...�.,. . .-_-
<br /> `," by this DeM!of Ttast. Tf Borrow•*fails w pay these sums p�Ios W the expiratioa of tbis pe��.Lender map imoke aay _" .,�;:�;;.`=-_:
<br /> remodies penmiued by t�is Deed of Tmst withnut further notice or demand on Boaow�er. • ' ..�_ �:.__--
<br /> I3oN-UNIFORM COVBNANis. Borrower and Leuder fiuther covenent and a�oe av follaws: y�, �^��`,'`
<br /> � � 17. Aadnstlon; Rane�ie9. Esc�t as pmvlded in para�aPb 16 bereof, upon Borrowa's breash of a� �*'
<br /> �,'_� .�s.�''�.s,':.� '��
<br /> cov�nt or aereeamt oi Boreower in ti�Deed of Tn�st. i n c l u d i n�B ormw e r's f a t i m�e W p a y.b Y t 7 i e r u d ot 10 - -,�..
<br /> caiendu dRya att�r t�el an due►��secured by thl�Dad of Tr�ast,Lend�Frtor to aoodaatlon ahaD�ire ' �,�,,,�::; �.
<br /> aattee to Borraw�s es pmvtd�in Fapa�aPh 12 he�of specifytn�: (1)t6e 6rach3 (Z)t6e aatton reqdeed to cure . _ . .
<br /> sach breac63(3)a date,noi lcs9 than 24 daya tirow the date the rwtice Is mdkd to Borm�r,by wblch�cb breach - �,.
<br /> • ��ai:: . . . .
<br /> must 6e emzd3 and(�t�failtue to cun suc6 6reac6 on or bePon the dat�speritted in tLe noUee�✓*egalt in fr'.; . . . �,.
<br /> acadentlon of tbe e�s�by thls Dead of Trust and sate o!4he Prop�ty.The aotloe atnU lh�8�r inform . .
<br /> ; ' Borrow�oY tt�riy6t to rdnstate atter acceleeation a6d t6e rl�ht¢�brin�A court adlon w assert tde ncn�istence of . .
<br /> �� �' a defavlt or eny athe�'de��of Bormwer to acceteration and sa:e.It the breach is not c+u+e�on or Q�ore the date �-:
<br /> . sQedilaf In tbe nd1eG Lender,at Lendgr's op8on.maY decla�re aU of t6e s�uns sec�ned by 4�9s Deal of�t to 6e , L.,.
<br /> . , i�nediatdy due and p�ys2►!e wtthout eurthex demand and maq invoke the pasver of saie and aqy otmar remedie9
<br /> Y
<br /> � permitted by a�ptica3�te 14w. Leacier shW be �tled to coUat aii r�onable aosts and a� inc�u�nd in . .
<br />' ,. :±� P�aeutn�the rrmedle9 provdded in tWs para�reP617•tacludQn�,R��not 1lmfte0 to�reesmst�°.2 sEtomeys'[eea. .. �'
<br /> � 1[ths po�eer of s�le 1s invoked►Trraslee shell record a nertlae�f delanit in each wur.ty��hlsh the Aropezty or . � �-
<br /> . s�e part t6areof is laoated and shaU meil copies o!aucb�tl�in the ms.�aner prrsc�bsd bY aPPl�able iaw to .. —
<br /> �orrawrr and to the ot6er pe�son9 pre�scelbed by ar"•ia7lc�ble law.At1Rr the lagse ot sucb tlme as mny be requlred bY
<br /> aPPllrable law, Tmstee shali �ive publlc ao�ce of sals to t�e p�sfl�s aad i�t�e�anner prescrl�d by appllceble �
<br /> laa.Trastee,without demand on Borrow�r,s�all sell the Pre�ei49 at publlc sudion to t6e til�t btdder at the Eime � f
<br /> ` and plaoe anfl imda't6e terms desi�nated tr�the notice of saCt o the Pro ore ��announc�eat at�e .
<br /> m�y de�m1ne. Tn�stee mey postpone sale of all or any Parcel �Y 7 P �;: ,��.. .. � �
<br /> aat�9 pIace o!any prevto�slq sc6eduled sale.Leader or I.en�'s des�ee maY Pusc��se the PmpeJtq ai any sale. ��:. - . . �_..
<br /> Upon�ecdpt of guyrn¢at of the pr[ce bid.TrusteE sieall�eli�er to the pinr�ascr Tr�stee's deed co�eyin8 ttie � -
<br /> prop�4y s�:s1. Thx reslwLs In the Tn�ssee'�deed shNl be pr,'�:��ssle evld�c�e of t6e tnrt6 of the statemeate made
<br /> } f�.,
<br /> � j We+eln,Tr�tee shsll apply the pmceed�of the sale tn t6e follnwtvg order.(a)to all reasonsble costs and�of ,., ,
<br /> � the sale,insluding,bud net ti�ited to.Tnu4ee's fees actually tncurred of nat more tbsn 5°k��the gror�eaie pr[ce, � .
<br /> reasona6le attorneys' feES anal costs of title evtdeac� (b) to aD sums secured by tiils A�d of Tnr3t;end (c) the (
<br /> � exoess.If any.to We petson or persnns LeQaily effiitted thereto. _.._:.. 4:_
<br /> � . . ��._...
<br /> ,
<br /> Nebms)ti 26876�3 11i96 Origiaai(Reeorded) COg}►(HrIIIICh) COpy(CuetOmO=� Pege 3 of S ! . .�-
<br /> I •
<br /> . .... _.. .._.,-.-- _.. . ....-
<br /> _ .._..— . r: ;,,_„ —... , �
<br /> - -----_ �_�.,...�. —��• . . . • �
<br /> � .. � . . ' . .�:� � ' � ' �
<br /> ... .. �� .... . . .. . . •�. . . . . � „ �� � . ' • . �.. .. ... � � . . . ....
<br />
|