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<br /> `� BOIIAI�T VOAiORJ1SSRMY NOY VOISORASSAt+l7C 97°����t�j'7 100743 03/13/1997 �`' • � . � -
<br /> � . 9. Coademnatt�n.The proceeds of any award or claim for damages,direct ar consequential.in connecuon with any , . ` :
<br /> � ; condemnadon or other taking of the Property. or pait thereof, flr for comreyance in lieu of condemnation, are hereby , � •
<br /> � assigned aad shall be paid oo Leader.subject to the teims of auy mongage.deed of m�st or other sgcurity a�ree�rceat with a , ', . �.
<br /> i lien wluch has priority ove�this Qe�of Tn�st. - . �; � � ".
<br /> 10. Barrower l�toi R�l�ased; Forbearance By Leader Na3 a Walvea. Factensaoa of th� amc for paynienc or • ��� '
<br /> � modification of amortinaon of the sums secuied by tfnis Dexd of Tn�st gtant�by Leader to any succcssor in inLecest of , '-
<br /> Bormwer shall nat o�eiate to reieas�,in any mannsr. the liability of the arigir�l BorYOwer and�oimwer's successo�s in � , ` ��
<br /> � inten�st. Leuder sha�l not be required to commence proceedings against sach successor or refuse w e�ctend time for pay�nt ' � • . -
<br /> or otherwise�odify affiortizaaon of the sams se�vn�d by dus Dced of Tnut by�eason of any demaud m3de by thr original
<br /> Borrower and Bomzwer's saccesso:s in interest.Any forbeazance by Lender in eAenisag suy right or remedy hereunder. . �,
<br /> � or otherwise afforded by agplicable law.shall not b�a waiver of or preclnde the exeicise of any snch right or remedy. � • � •
<br />- 11.Successors and Assl�m Bound;JoSai end Several IdabWty;Co-st�ntrs. Th�covenants and ageements herein ' :
<br /> � contained shaU bind. and the rigitts herennder shaU imme to.the respecdve successors aad assigc�s of lender and Borrower, � _ ._ _ ._ „�_-
<br /> subject co the pravisions of paragraph 16 hereof. Ail covenants and agreements of Banower shall be joiat and several. • • . :
<br /> Any Bonow+er who co-sigas this Deed of T:nst.b�at does not execute the Note.(a)is co-sigaing this Dced of Tn�st only ta t .
<br /> grant and com+ey d�at Borrower's interest in die Property to Tnutee under the terms of this Deecl of Tn�st, (�) is not i� . -
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<br /> personally liable on the Note or under this Deed of Tms�e,and(c)agrees that Lendee and any other Bomower here�r � ' -- .
<br /> . may agree to extend. modify,forbear,or make a�r other accommodations with regard to the terms af this Deed of Tmst or .'y��
<br /> the Note.arithout that Borr�ower's consent and without ieleasing that Boaower or madifying this Dced of Tnut as to that � , -�_
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<br /> Bonower's inte�es[in the Frnperty. � _ z—.
<br /> 12. Natloe. Except for any norice required uader applicable law to be given in another manner, (a)any norice to • � ::A�:�.
<br /> Bormwer provided fur in tihis Deed of Tzost shall be given hy delivering it or by mafiling such nodce by certified mail '.,,,���= `
<br /> addressed to Bormwer at the Property Address or at such other address as Boaower may desgnate by nntice to Lender as � � _• "-��
<br /> provided 6erein,and (b)anY nntice w Lender shall be given bq cerdited m�il t.o Lender's add�ess stated henin or w such :. '�"� .
<br /> other address as Lend$r may designate bq notice to Bonower as provided herein.Atry notice provided for in tbis Deed of �_ E ,-`�
<br /> Trust shall be deeme�to Lave been given to Bosower or L�ender when given in the manner designated hecein. '�`�'-
<br /> 13.Gov�Iew;Sevarabiltiy.The stat�and local laws applicable to tlus Deed of Tiast shall be the laws of the .� ' �"y�
<br /> , juti.stliction in which the Property is located. The foregoing sentence sl�aU not limit the applicability of Fedeial law w this � .. _._. - -- .
<br /> � Deed of Trast. In the event t�any provision or clause of tUis De:d of Trast or the Note conflicxs with appticabte law. ' "�
<br /> �`a such conflict shall not affect or'ner provisions of this De�d of Tnuc or the Note which can be given effect without the . .b ��'
<br /> � ; conflicang pmvision, a�to this end the provisions of this Deed of Tmss and the Note aze declared w be severable.As . T°'���'� •°
<br /> _ use�l herein, 'cos�s'. 'expenses" and�auomeys' fces" inclade all sums to the extent not pmlu'bited by applicable law or ','_.;x ,
<br /> limitedherein. ,.� �;
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<br /> 14. Borruw�'s Copy. Boarower shall be fumished a conformed copy of the Note and of this Deed of Ttas¢at the �;• ; -
<br /> �t dme of execudon or aRer recotdation hereof. �•
<br /> ; 15. Re6abiHtwttou Y.oan Agreemeut. Borrower shall falfill z�H of Bormwer's obligatiors under airy home . � • , :
<br /> rehabilitadon,imPmvemeni,nPair or other lcaan agree�nt whicL Boaai:�a enters inw wlth Lender. Lender,at Lender's ���:�`�". r; .:�..
<br /> . aption, may reqaire Banawer c� execute and deliver to L�*Wder. in a foim accepiable to Lender. an assignment of any .
<br /> • ri��-.�.., ciaims or defenses wtaica Borrower may have aa i* gardes who supply labor,�ials or services in caQSC�aon ' ���•} •'
<br /> ` arit�i-upmvemenis made w the L'copeny. � , - �� `_:
<br /> �� r 16.Transfea af the Pirope:ty or a Bene�Idal I��t in Boriower. If all or any part of the Property or a�ry i�est ' �� '- : ?r.�_. '�:.''
<br /> :r in it is sold or� (or if a beneScial inierest in Bomnwer is so:d or uansferred and Bo:rower is nnt a nat�al � ���'
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<br /> 1 petson)arithant Ls3er's prlor wdtten coonsenc,Lender may,at its optlon,require immrlli�rP payment in full of aU su�u .�.. _. � ,.
<br /> �. secum!by this Derd of T�st.However.this option shall not be exercised by I.ender if exercise is pmhibited hy federal �'� !'�.�
<br /> law as of the date of this Deed of Tmst. ����'
<br /> . � If Lender exercises this opdan.Lender shall give Borrower nodse of acceleration. 1he noifce shall provide a period .,�. -�V
<br /> of not less than 30 days from the date the nodce is delivered or maited within vuflich Boaovrer must�ag all snms secared `"_.�,;"�
<br /> . � by this Deed of Tn�s-t.If Bo:rower fails to pay these sums prior w the expiradon of tLis pedod. Lea�er may lavoke aay . �=�`l,s.�•�.��,�,---
<br /> remedies pezmttted by this Deed of Tnut wiithout fiuther nodce or demand on Boirawer. . � �f
<br /> NoN-UIVIPOxNt CovEtvnt�. Borrower and Lender fazther cavenant and a �� "�-
<br /> .. greee as follows: .�':-i`�r� _�,.,�----�.
<br /> 17. Aa�da�on; R�e�. F�cept av pmvtded in para�aph 16 �S+eof, upon Bora+owar's bretc� of ury ��%���T:
<br /> aovena�or ayat�ent of Bonower in thl�Deed of 1�usi,inrladd�rg Borrower's fsttlure to pay, by ghe end of 10 - .=� - --•=
<br />. cntentYar days a:'�t6ey are due,any s�ns sec�u+ed Dy t6f�DEed o?'�w6t,Leader prlor to accd�tlon sl�all�ive 4�,.,,,�„���
<br /> natice to Bormwer as pravldad in parayRaph 12 6ereof spedi'Yin�s (1)tme breac6, (2)the adioa req�dnd to cure � .
<br /> .r sur�breacm:(3)a date,mot less ttaan 20 dsys from We date t6e nodce ls maited to Horrower,by w6lcb suc6 6reac6 �.. T� � � .. �• t� -
<br /> must 6e c�ue�3 and (�tl�t f�tl�e W cue+e such breac8 on or bePore We date specifled in tLe notice may resv[t tn � ., � ' � , ,.i
<br /> aeeeleeaiton�f the scm�secuted by t�ig 1?�of Tn�st amd seie oP the Pro�eriy. The noUce�11 furtha inform _ . ...
<br /> Borrow�oi the ri�t to rda�te after a�on and the dQ6t to brin�a oowrt actlon w assa��e aoa�stenoe of . - •
<br /> a defanit or any other defense of Borrower to azcelc�ation and saie.IIq the breash Is no3 c��ed oa or b�ore ths daIIe . '• � -
<br /> specdiled in tP�e notice,Lender,at Lender's optton,may declare all of the s�s secured by this Deed of Tn�st to be .
<br /> immcdi�td9 dae and y�yable wltho� fiut6�d�and and may iuvoice the pawer oP e�le and nny a�reosedte9 • -
<br /> pe�tted by a��Icable 1aw. Lender s1�D 6e eatitied to ooltect all reasonable oosts an� a�penses Inc�a�red in � . . _
<br /> D�7t the raaedtes provided in Ws para�rapb 17,includin�,b�not Iinnited to,e+easonnb2e attarneys'fees. : .
<br /> U the pawcr of sals Ls Invoked.Trastee sP�ssil r�ord a no9Iee of dtfaui3ln earm cowsty in whtch t6e Pr�party or ' . � .
<br /> some pact thereof ts loc�ted and shall mail copies of sueh notice in the manner prescrlbed by appilctble hw to . � . • •
<br /> Borrowtr and to t6e other pe�soo9 prescrlbed by appllcable law.Atter t6e Iapse of such dme as msy be roqulred by , � _
<br /> appllcable Isw,Tn�stee shall�ve puDlic notice of sale to the peesoa9 aad tn the manaer p�rscrlbed by appuc�ble � • ' • �
<br /> law.Tr�atee,wtt6o�demand on Borrower,shall sdl t6e Yropaty at pnblle aucNon to t6e highest bidd�r at tLe time =
<br /> and p�ace and�mder t6e terms des9¢nated in the noitce of sWe in oae or more paroeL9 and In sarh ord2r as Tntua • � � � .
<br /> • msy determine.Tn�stee ma9 P�Pone sale o!all or any parcef o!t$e ProP�Y bl PuDUc ara�wu�a�t at the time � '
<br /> and pl�ce of any previousi�sc6edvied ss[e.I.eader or L�d�'s dest�oee may pw+�se tt�e Ft+npaty at any sale. � '
<br /> ilpan receipt o�payment of the price bld,Tnutee shall detivea Ro tde pmrha5er Tncstee's deed conveyin�the I . . _.
<br /> � Pmperty sold.T6e reclwLg in the Tn�stce's dced shall be pr[ma Pade evid�ce ot t6e tr�ot t6e statrmmts mtde �. . 4 ,
<br /> � tn�eln.i restee shasi aPPiy the proce�dg of the sate in[��foltar�n�order:(a)to aei r�asorrabte cosls and exp�of : � • � :. =
<br /> � t6e sate,lacluding,bat noi Umfted to,Tnstee's[ees�ctually incinnd of not more tban S 45 of t6e p�osv sale price, .
<br /> { re�son�te attorney�' feea and easis og titla ev6d$aeei (b) to all siuns sesaued by thfs Deed of Tnnt; and (c)the .
<br /> 1 e�eess,iP eaiy,to the pPrsan or p�soas l�gaUy e�rtfUed t�erdo.
<br /> • Nebrnsge 26876-3 tIN6 Ozi iasl(Recordsd) C py I . - _ .-�---�---
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