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<br /> ` , . , , . :.__ . � -�- - - • -_— . -- _ � , . _- - _ ..� - . 101824 02/Z7/1998 � � ,�
<br /> � • 98� � � -,: .
<br /> � JSSS FtC3CSR0A ^ �
<br /> � - 9.Co�on.The proceeds of any award or claim for damaSes.direct oe��u o�ademnation. ace heceby �`� . .. , .
<br /> � wademnation or other taking of the ProPertY• or Pan chereof, or for comreyanc �witb a � ., :` , '
<br /> • - ' assigQed sud s6a11 be paid to Lxuder,svbject to the tesms of aay mortgage.deed of tcust or other security agr� C.. . . .` ` i ,
<br /> ' • lien which has Priority over this DeedForbeatance By [.�d�r Plat a Waiver. Extension af the tune fur PaY�e°t °r e , . -
<br /> � 10. Bon�ower Not Reteased: Dced of Ttust�Canud bY Le�der to auy successor in insecest of . . ,
<br /> � �i modif�ation of amortirati4n of the sums secured 6y this Barmwer and Bomnwer's s�c.cessors in .. ;
<br /> ' � ' Bonower sbaU nat opetate w release.in aay manaer.the liability�f[he original � , .
<br /> ' w commeace pr�ceedinSs againsc such successar or refuse to exund time for paymeut ..
<br /> ':) �.Lender sball not be requue� this Deod of Tt�st by teason of az►y demand mado by the origiflal , . .
<br /> � �i ar otheiwiss madifY amottir��on of the snms secund bY � ��r in r.xercising any right or remedY.heceunder.
<br /> � �� ! Botrower and eorrower's successots in interest. Any forbearanix Y � - � ,
<br /> , licable law.shall not 1�e a waiver of or prestude che eserc�s�e�u���a��y�rein '� ..
<br /> : o r o t h e i w i s e a f€o r d e d�b d Assigns Bound;do i a t an d 5 ev e r a 1 l.?a b i l i t Y:C o��• of Lender and Bor�ower. � - -
<br /> - -�� 11.� �to.the respective success�ts and assigns � ._
<br /> . . � ;� �oatained st�all b'mt1.and the tights hereunder st�all� of Borrower shall be joiat and several. . , i `
<br /> subject m the provisions of puagraph 16 hereof. AII covenants an11 agree�°� this Deed of Tiust oaly w �+
<br /> . A�r Bonower whu co-signs t�i s D e e d o f T r o s t,b u t d ce s not ex�aue the Note.�(ea)���D ce d o f T n t s t. (b)i s n o t ' �`
<br /> g�t and com+eY tha� ��O���s inierest ia ttie ProPertY�Tcustee under o�r Bormwer he�ad� ; .- �. � '.
<br /> tbat Lender aad a�► ` .� `• .
<br /> ' peisor�allY l i a b le oa t h e N o t e or under this Deed of Tnist.and(c)ag�s m t h e ce r m s of dus Deed of T�nst or � ���;�_ •: �
<br /> to exteu�.mad►fY+fori�ar.or malce any ather ascommudatioas wi t h i e g a r d . ° _ �..-
<br /> . ', maY sgtee n this De�d of Tmst as to tbat
<br /> ••��f,._�f:.,
<br /> , . � [he Note. withaut that Bar[ower's consent and without releasing that Borrower or mndifyi g • 1_
<br /> Bormwer's interest in the PropercY• ucable law to be given in another mannec. (a)any noace to ;t �•;�-±�^:__
<br /> " ' 12. Ptattce. Except for a�►Y nodce requ�red ur.der app �
<br /> natice b certified mail ,t � .'��
<br /> tovided for in tbis Deed of Ttusc shatl Ue given by deWerinS it or by mailing such Y '
<br /> Bouower p p��ar at sach other address as Borrowec may desi$nate bY n�tcce to Leader as .';'i•,. . ,
<br /> • . ' � , addressaci to Botrower at dce PropertY s address stated herein or to such ,,.�,.`..
<br /> I.ender sba11 be givea by certified ma�w 1.ende�� -
<br /> . • plpyided Lerein.and(b)�1►noliCe to a0ticx pmvided for iII this Deed of :r .•�;r:_—
<br /> L e b norice to Borrower as pmvided herein-AnY � ,,:'- �-
<br /> . other add�ess as I�nd�maY d�i8� Y •' ; �_`:�_
<br /> - Ttast sha11 be deemed w have been Siven w Bormwer or Lender when given in the manner designated 1�er�n• r.t`...:. ,=�-
<br /> �
<br /> � 13.Gove��W+�veraDi�it9•The state�aad local laws applicable to this Deed of�s���taw ta tbis _ �-�
<br /> ' . , . jucisdictioa in which the Pcopeccp is lordted. The fotegoing seucence shali uot limit the aPP hcable law. � '°::� `'' �
<br /> .. ,'
<br /> . the event tbat anY Pmvision or clause of this Daed of Ttust or the Note canflicts with app' ':• '` . .�3
<br /> In Niote wluch can be given effect withovt the ,��__•
<br /> Deed of Tmst. ,.. .:•:
<br /> � ' such conflict shail not affect other provisioms of this Deed of Tn�st or the Note are declared to be sevetable.As t :�.•..�;--.,_
<br /> m
<br /> � on. and to this end the pmvi9ong of this Derd of Tmst and the �tu'bited hy aPPlicable law or � ��`=-''=
<br /> . . conSicKng p�o��e � . S�f�ees° inclade all su�ms w the extent ncn P '� .�`,-_"`�"�--
<br /> � �d heiein. °cc+sts . eacPenses and�attotn�Y . `• ' __�;"��
<br /> timited hetein. Bormwer shall be fucroshed a conformed copY of the Nate aad of ttus Deed of Tnist at the - . ;�=:��-
<br /> ,. ' 14.Borraw�'s CoPY• ' �rr::=��•:
<br />� � ' ame of execution or after recordatian heieof. ons under az►Y home . ,. ..,�
<br /> aft ,
<br /> . �. `� 15. RebabItitattoa IAan Agr¢a�n�rt. Borrower shail fulfill atl of Bo�ower's ubUgad �. ;, :.y=:�:_�_
<br />. � , rebabilitadon.imPrwe�nt.repair or other loan agreement which Boaower enters into arith Lender. 1Rnder,si 1�s .
<br /> Borrower to execute and deliver to Lender. in a form acce0table to Lender. an a�iSnm�af a�► �;; �,s.•
<br /> • option, maY �� uaes who supply labor.mate�ials or servlces in cannection :.°
<br /> rig�s. ¢iauus or defeases wbich Bonower may 1�ave against P � �_^"�
<br /> •--r�•.P��:-
<br /> . � With impiOVeineIIts n13dC to the PropenY• • •T__
<br /> _• 16.Transf�of the PropertY as a Benetidal fnterest in Borrowe�r. If all or any P�of the Prope�ty or any In�c . • �-
<br /> in it is sold or uansferred(or i f a b e n e fi c i a l i n t e r e s t in Borrower is sold or uausf���pa����o f a U s v m s ,-:`�"�=-
<br /> - . :��-
<br /> ' pezsoa)withont Lender's prior wriaen consent,Lender may.at its opdon.reqaire� ,. ^^';:,.:
<br /> Le d
<br /> secare�by this Deed of Tmst. However.this option shaU not be eaercised by Lxader if exercise is ptohibited by federal ',�`,:•
<br /> mvide a period . . .:,;`';�
<br /> . law as of the date of this Deed of Tn�st. e Bormwer nodce o€acceleiadon.The natice shaU p ,,�„_
<br /> � � If Lender exercises tbis option.Lender s1�a118iv _ .'�:-
<br /> , ' of not less tban 30 days from the date the nodce is delivered rior�to the expirau'on of this period. Lender may imroke�an�y �,.; , ,'
<br /> these sums P r:'.
<br /> . . by this Doed o f Trus t. I f B u r r o w e r f a i l s t o p a y . -
<br /> . ��es permittod by this Deed of Tn�st wlthoat fiuther aodce or demand on Boirow��llows: •
<br /> � • � NON-UNIFORM CoVENANT3. Borcawer and L.ender fiuthes cove 6 16�he�� �po� Borrower's b�� of�� . . � -
<br />_ ' 17. Accelera4ion, Remedies. Except as prov�ded in para�raP •
<br /> � ' coveaant or t�gre�meat of Borrower in this Deed of Tn�,inclad[ngTB�or7ro'�der P�to aceelberatt n s5a11 gi e � :
<br /> . j e° s�a sea�ed by tdls Deed
<br /> � calendar dsys aRer they are due,�Y h lZ ftweof speclfYin�s (1)the breach; (Z)the acitoa relt�to cure
<br /> . ! ¢�otice to Borrower as pmvided in paregrap .
<br /> ; � ' suc6 breaete:(3)a date.not less than 311 days fro breach on or before the date sPed�i�We a tice mey�resWf in . ,
<br /> i mus�be cure83 and(4)that faitwe to c�are sucb The nodce s6aU further inform . .
<br /> accel�ratlon oY the sums seeured by thls Deed of Tnist aaa sale of tt�ProP�Y•
<br /> ;y . . Bflrrow�ot the ri�hi to reia5tate after accelerallon and�o e��e b[rinhe breachads;nottcured on os befm�the date .
<br /> '` � � a defauit or any other defease of Borrower to accetcra t�D�oq�t to be
<br /> Spetifled in the notice,1.eader.ai Leitder's option,maY declare�voke th�w�dsate and any other r�teAies '.
<br /> . � i m mediatelY due and PeY�te without fiuther danand and rnaY .
<br /> . , p�� py applicable law. L e n d e r s h a l l b e617,ti n cludi g,'b au llmitc�toe reasonab e a t om e y s'i f� In .
<br /> i pursuln8 t�e ranedies provided in thfs paragraP in w6tch the Prope�4Y ar , , • .
<br /> if t�e power of s�e is iuvaked,Tnistee s6a11 rcaord a no4ice of defau9t ia each��� by app��je�w to
<br /> � some part thereof is laceted and shall mail copies �cable law i After he lapse of uch time as may be required by I
<br /> � gurrow�er and to the other pe�son9 Prescrlbed by app llcabie �
<br /> ' applicabte law,Tnistee ahall�ive Pub1�c aotice of sale to the pwsou9 and in the maaner p*es�b�by app �
<br /> n
<br /> i law.Tnistee.wtthout denan�°d�� =�°�'ed�in the'nottce of salpe in one or mo piaseelstand ins uchbosder a9t7'rustee i
<br /> � and place and under the te � �e�of the ProAeAY by publlc announcenem at the time i
<br /> may d�ermtae.TrusteP may postPune sale of ail or any p wcdase the PropertY at any sfile. � .� .
<br /> anm place of anY Previously schedWed sale.Y.ender or Lender's d�slgnee may p ' . . .
<br /> • Upon receiPt of payment of the price bld• 'Prustee s6alrima Pade evldenceoathe truth of tti statemenis made �
<br /> � ptoperty sold.The recitels in the Tncstee's deed sha11 be p i
<br /> � tti�In.Trustee shail apply the pmceedg of t6e sate i a��u i�u�of.at mo'than�jofcthe Sross sal P�ce+
<br /> the sele, including,but aot limited to,Trustee's fees y b this Deed of Trust:and (c) the
<br /> • reasons�ble attYo the, erson o personS 1�ga11y entitled thereto.�1 �secured Y
<br /> ��s,if any, P
<br /> � ��e 3�t s �- _. . _ _
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