Loading...
HomeMy WebLinkAbout2002 - Deed of Trust - Nguyen Hoa / American Mortgage Network - 20020509000281 Return 7 o AMERICAN MORTGAGE NETWORK, INC 10421 WATERIDGE CIRCLE, 4250 SAN DIEGO, CALIFORNIA 92121 20 20 199WA WASHINGTON- Single Family- Farirre Mae/Freddie Mae UNIFORM INSTRUMENT WITH MFRS ® -8A(WA) (0012) Page of 15 V M P MORTGAGE FORMS - (800)521 -7291 Asa Parcel ok Account Number 152304- 9014 -07 Ahhkeskited Legal Descioption PTN OF THE SE 1/4 OF STR 15- 23N -04E htu luck kn Huck and plat al soon (owns up and kantw) Full legal description located on page )(o US /outlet FIRST AMERICAN TITLE INSURANCE COMPANY sv e o_ I �32�J Additional Grantees fixated on page ° J /Spate Above lhn Lux for Rotordngt Raul 0 DEED OF TRUST LOAN NO 202- 056236 io MIN 1001310- 2020056236 -9 ton O n{=t I`r rt ED fJR RECORD V THE REQUEST CF TRANSNATION TJTLF INSURNXE CO DEFINITIONS Wands used in multiple sections oI this document ate defined below and other wands ate defined in Sections 1. 11, 11. 18. 20 and 21 Cemtam Jules teg.udtng the usage of words used In tlos document ate also pnwnded in Section (6 (A) 'Secunty Instrument" mean', this document, which is date MAY 02, 2002 together with all Riders to this document (B) 'Borrower" is HOA NGUYEN, A MARRIED RAN ENOMAPI, /fs /we' .S ✓° 13m lower is the nustor undo this Sectuny Insttumcnt (C)'Lender "is AMERICAN MORTGAGE NE1WORK, INC , A DELAWARE CORPORATION Farm 9048 1/01 111 Lender is a CORPORATION oiganned and existing under the laws of THE STATE OF DELAWARE (.enders addles., is 10921 WATERIDGE CIRCLE, 8250, SAN DIEGO, CA 92121 (D) 'Trustee" is FIRST AMERICAN TITLE INSURANCE COMPANY (E) "MER.S" is Min igage Electronic Registration Systems, Inc MGRS is a sepal ale ctMporation that n acting solely as a nominee for Lender and Lender's WeeeNMM• and assigns MERS n the beneficiary under this Security Instrument. MGRS rs oiganired and existing undo the law. of Dclawaic and has an address and telephone number of P 0 Box 2026, Hint MI 48501- 2026. tel (888) 679 -MI•RS (J) "Note" means the p note signed by Bin ower and dated MAY 07, 2002 The Note states that Sonower owes Lcndel ONE HUNDRED EIGHTY SEVEN THOUSAND TWO HUNDRED AND 00 /100 Dollars (U 5 $ 187,200 00 ) plus mleiesl Boiiowet has promised 10 pay this debt in ieguLu Pcuoda .— m Payments Pa and to pay the debt in full not later than JUNE 01 , 2037 ev (G) "Property" means the property that is descubed below undo thc heading "Ttanslet of Rights in the o Property " C7 o (II) "Loan" means the debt evidenced by the Note. plus interest. any prepayment charges and late charges as due under the Note, and all sums due undei this Security Instrument, plus merest cc (1) "Riders" means all Ridcis to this Sum sty Instiument that air executed by Btornwu The lotlowing ern Riders ate to be executed by Barlow* Ichu,k box as applicable( 0 eJ a Adjustable Rate Rider 0 Condominium Ridet O Second Home Rides ico c:, Q Balloon Ridea R Planned Unit Development Rider E] 1 -4 i•amily Rides • ❑ VA Rides Biweekly Payment Rider Olha(s) IspculY] (J) "Applicable Low" means all unuolling applicable tederal, state and local statutes iegulatinnn. ordinances and admtmsuative rules and coders (that have thc effect of law) as welt as all applicable final. non-appealable Judicial ',minims (K) 'Community Association Dues, Fees, and Assessments" means all dues, tees assessments and mho charges that ale imposed on Boirowa oi the Piopeity by a condominium association, homcowneis association or similar organization (L) "Electronic Funds Transfer" means any transicr of lunds. Mho than a uansachon coiginated by check, draft. 01 mamba paper instrument. which is initiated through .m clixtiomc leminrl. telephonic instrument computer. 01 magnetic tape so as 10 side*, msttuct. of authorize a financial institution 10 debit of uedit an au.ount Such tam includes. but is not limited lo, point -et -sale tiansteis. automated tells machine transactions. uansteis initiated by telephone woe tianstas, and automated clearinghouse u ansla s (M) "Escrow Items" means those items that arc dcscnbed in Sutton 3 (N) "Miscellaneous Proceeds" means any compensation settlement. award of damages ui proceeds paid by any thud party (othu than insw pro cox s paid undo thc COVaage% dcscnbed to Section 5) tin (i) damage to or desiuetron of, the Propcity, (u) condemnation in mho taking al all in any pail of the Pinpctty (no) umveyance In lieu of condemnation, al Uv) misicpie.ent.uian. at 0r omissions as In. du- value andhM Landitinn at the Pioperty (0) 'Mortgage Insurance" means nsuiancc p otecting Lendci against the nonpayment al. oM dctault on the Loan (P) "Penodic Payment" means the icgulatly scheduled amount due tot (i) pnnupal and inkiest uncles thc Note. plus (n) any amounts under Section 1 at this Saintly Instiument 41) 4A(WA) (0012) Pape 2 oI 15 Form 3048 1/01 rt t TRANSI4 R 01- RIGIITS IN THE PROPERTY the benehuaty of this Smwtty Instiumcnt is MERS (solely as nominee tot Lcndca and 1 cndu's suct.ecsois and assigns) and the succcsutts and assigns of MERS Ibis Secwdy Inv" men' secwcs to Lender (i) the repayment of the 1 tun and all renewals, extensions and moddfwtion% oI the Note, and (u) the pet totmam.e of l3ottowei's covenants and agreements under this Security Instillment and the Note Fin this put pose. Bo iiowcr uievocably giants and conveys ua liustec. In oust, with posse' in sale, the. m following desuibed pioperty located in the COUNTY I lyp. ni Ri.ondmg hur.d, imal CI oI KING [Mime uI Rum ding itur.dicounl ca 0 C71 Q ass PTN OF THE SE 1/4 OF STR 15- 23N -04E 0 ev SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF o N (Q) "RESPA" means the Real Estate Settlement Pnxxdwes At (12 U S C Sutton 2001 et bey ) and Its implementing tegulatrun, Regulation X (24 C F R Patt 1500), s they might be amended Ittxn lime to time, 01 any additional 01 suuessoi legislation tat regulation that goyim ns the same subject matter As used in this SeLurity Instrument. "RESPAMeters to all tequlrements and Icstucuons that ate imposed in tegaid to a "federally related mortgage loan" even d the Loan does out quality as a "tedually'elated mrxtgagc loan" under RI-SPA (R) "Successor In Interest of Borrower " means any patty that has taken title to the Propel') whcthei rx not that party has assumed Borunwet's obligations undo the Note and/or this Secuiiiy Instrument Parcel ID Number 152304- 9014 -07 which Lin wily has the addles% of 13604 MACADAM ROAD SOUTH Isu«q TUKWILA It nyI . Washington 98168 Ilip t extol ( "Proper ty Address ") IOGETJ R WITH all the improvements now of heieattci uectcd on the piopctty and all casements, appurtenances, and fixtures now or hcrealtci a pail of the proputy MI replacements and additions shall also be unvtxed by this Sectuity Instrument All of the toiegoing Is 'doled to to this Sccuray Instrument as the "Property " Marlowe' understands and agrees that MERS holds only legal utic to the Interests granted by B(mowei in this tia.unty Insbument, hut, ft necessary to comply with law 01 custom MFRS (as nominee for Lender and 1 ender', suuesM1ts and assigns) has the tight 'o cxucrsc any 01 all of those mimesis, including. but nol hmdul to, the light to IoieLlosc and sell the Ptoputy, and to take any action te 01 Lendef including, but not limited 10, releasing and canceling this Secuuty Instrument SORROWFR COVENANTS that 13(m Iowa is lawfully %eased of the estate hereby uinveycd and ha% the right to giant and convey the Piopefty and that the Property is unencumbered except our cncumbiances -8A(WA) (0012) Page 3 of 15 , L Form 3048 1/01 iT D ot record Barnum.' warrants and will detend gcnoaily the title to the Plopaty against all claims and demands, subject 10 any encumbtanees ot record TIIIS SECURI TY INSTRUMENT combines uniform uwcnants tot national use and nom- undosm covenants with limned vasiahons by jut sdiction to constitute a undoim so.cunty instrument covet mg teal property UNIFORM COVFNAN I S Bon rower and Lender usenant and (mice as lollows 1. Payment of Pnnnpal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Boirowei shall pay when due the pi,nupal of, and intetest on, the debt evsdeneed by the Note and any prepayment ch.u gcs and late charges due undei the Note Rotuma shall also pay lunds lot Fscunw Items pursuant to Section 3 Payments due undo the Note and this Security Instrument shall Ix. made in U S cwsency Iluweva. if any shirk on other snshument tecetvcd by Lender as payment undo the Note of this Sec.uuty Instrument is retuined to Lender unpaid. Lender may sequuc that any of all subsequent payments duc undo the Note and this Security lnstiument be made in one os more 01 thc following lot ms. as selected by Lender (a) cash, (b) money Urdu, (c) certified cheek, bank chat oeaswc s check oi cashier's check, provided any such cheek is drawn upon an institution whose deposits ate insured by a (."' ledual agency. mshumcntality oi entity. or (d) r Iechomc Funds Iiansta an Payments ate dcemed tet.etved by lends when racived at the hocanin designated in the Note 01 at c.. co such itha location as may be designated by Lends in acundanee with the notice psovsuma in Section 1S C. Lender may return any payment or pathal payment it the payment or palual payments ale insufficient to • bung the Loan utrent Lender may accept any payment in pawl payment insufficient to hi mg the 1 oan our anent without waives of any rights haeunda ot pieJudrte W its rights to Ouse such payment 01 pal rat o payments in the tutwe but Lender is not obligated to apply such payments at the time such payments are tee accepted It each Pa iodic Payment is applied as 01 nos scheduled due date. then Lender need not pay o interest on unapplied funds Lender may hold sut.h unapplied funds until Brnr makes payment to bung e'a the Loan current It Borrows does not do so within a seasonable paced 01 tone la.ndct shall ertha apply .o o such funds oi lawn them to Bonowei It not applied other such funds will be applied to the outstanding ess principal balance undo the Note immediately plum to torecl sure No ntlsct of claim which Rotiowet might have now 05 in the futute against I.cndco shall ieltevc Ronowei Isom nuking payments duo, under the Note and this Sew ity (nutumcnt of pcfforming the covenants and agocemans se.uf by this Seem ny Instrument 2 Application of Payments or Proceeds. rxccpt as otha wise desuihed in this Section 2. all payments accepted and applied by Lender shall be applied in the following oidea ot putxtty (a) interest due under the Note, (b) principal due under the Note. (c) amounts due undo Section 1 Such payments shalt be applied to each Periodic Payment in the order in which It became due Any lem.unrng amounts shall be applied lust to late charges, seumd to any other amounts due undu this Saucily Instrument and then to :educe the pi inupal balance of the Note 11 Lends weaves a payment from Bmower fin a delinquent Pa iodic I'ayment which includes a sufficient amount In pay any late charge due. the payment may be applied to the delinquent payment and the date charge 11 more than one Pei odic Payment is outstanding, (endet may apply any payment Iuetvcd hom Bo stower to the lepayment of the Periodic Payments it. and to the extent that cai.h payment can be paid to tun II) the extent that any excess exists alto the payment is applied to the full payment of one of mode Pei iodic Payments, such excess may be applied 10 any late charges duc Voluntaiy ptepa)mcnts shall be applied fuss to any prepayment charges and then as dcscrrbed in the Note Any application of payments, Insurance pfncccds. o: Mscellanaus P to pmupa l due undo the Note shall not extend 01 postpone the duc date. at change the amount, of the Pa iodic. Payments 3. Funds for Escrow items. Borrows shall pay to Lender on the day Pusodie Payments ate due uncle: the Nutc, until the Note is paid in lull. a sum (the "funds ") t0 piovide la payment ot amounts duc for (a) taxes and assessments and othe, items which can attain prune) oset this Sam ity Jnstlumenr as a hen or encumbsanee on the Ptopaly, (b) leasehold payments us guund tents on the Putputy it any, (c) premiums 101 any and all fnsutancu tequned by Lender under Swum 5. and (d) Mostgagc Insurance plemfuma d any, or any sums payable by 110110we, to Lender In hero of thc payment of Mortgage Insurance premiums in .secoidanc.e with the provisions of Section 10 t hese nano are called 'Ioserow Items " At origination ix at any time dining the tam of the I own, I cnda may ,equoc that Community H of Form 3048 1 /01 �4A(WA) (0012) Page 4 01 15 Asmx.tation Dues. Mees. and Assessments. if any he escrows( by &xitrwet. and such dues fees and assessments shall be an hunw Item Ronowci shall promptly tartish to Lender all mxrues of amounts to be paid under this Sexton Bon shall pry Lender the Funds kii I1stiow Items unless Lcndci waives Bonowei s obligation to pay the Funds lot any of all Msciow Items Londe may waive Boliower's obligation to pay to 1 ender Funds lot any or all E' ,row Items at any time Any such waivct may only be in wilting In the event of such waiver. &mower shall pay dually, when and whc.c payable, the amounts due for any Escrow Items tor which payment of Funds has been waived by 1 ends and It Lender tox►uucs. shall twrush to Lender receipts evidencing such payment within such time poled as I ender may requite &mower's obligation to make such payments and to povide ieeapt% shall lot all puipises bc deemed to be a eosenant and agreement contained in this Saul ity Instrument, as the phrase "uncnant and agreement" is used in Section 9 If Borrows IS obligated to pay Escrow Items dneetly. pursuant to a waiver and &mower tails to pay thc amount due tot an Lscrow Item. Lcndci may excrusc its lights undo Seaton 9 and pay such amount and &mower shall Then be obligated undo Section 9 to repay trr (.ender any such amount Lender may revoke the wawa as to any 0t all Bsuow Items at any time by a notice given in au:otdance with Satan 15 and. upon such revocation, Bolsowei shall pay to Lcndct all 1 unds, and in such amounts. that ate then required under this Section ' Lends may, at any time. collect and hold Funds in an amount (a) sufficient to porno mt 1 endet to apply the Funds at the time specified under RhSPA, and (h) not 10 exceed the maximum amount a lender ion saqune under RI•SI'A I cndei shall csumate the amount of Funds due on the hagis oI cintent data and reasonable estimates of expcndriwes ot tutuic F.suow hems re otherwise in au.oidance with Applicable Law The Funds shall he held in an institution whose deposit% .ue inured by a fedesal agency. instrumentality. o. entity (including Lender, 51 Lendu is an institution whose deposits ate so inured) or in any Federal Home Loan Bank Lender shall apply the Funds to pay the Escrow hems no tatet than the time specified under RCSPA Undo shall not (.beige &mower tol holding and applying the Funds. annually analyimg the esetuw au,ount, ol vet dying the Eserow Items. unless Londe pays lionesses interest on the Funds and Applicable law peemrts I ender to make such a chatgc Unless an agreement Is made in wt rung (x Applicable Law icgtntcs interest to be paid on thc Funds, Lends shall not be requncd to pay Boutower any interest or earnings on the Funds &mower and 1 coda can agtee in wilting howesa, that assoc.( shall be paid on the Funds Lcnda shall give to B nowei, without charge an annual a,eounung of the Funds as it:quoted by RESPA It that is a surplus ot Funds held in escrow. as deemed undo RMSPA I endo stall account to Rontowel for the cxecss funds in auoldanee with RESPA 11 there Is a shoitagt. of Funds held in escrow. as defined under RESPA. 1 ends shall nosily Borrower as icquncud by RESPA, and Rtnrowet shall pay to Lendci the amount neeessaty to make up the shortage in aeuudanu, with RhS)'A but in no mole than 12 monthly payments It there is a detiucncy of Funds held to escrow, as defined undo RI•SPA Lcndcl shall notify Baruwei as required by RhSPA, and bestows shall pay to Lends the amount necessary to make up the detruau.y rn acuxdance with RESPA, but in no more than 12 monthly payments Upon payment In hill ot all sums secured by this Seunty Instrument, Lends shall pinmptly rotund to Ilornower any Funds held by Lerida 4 Charges. lien. Romowa shall pay all taxes. assessments charge~, lines. and impositions attributable to the Ptopity which can attain pointy osa this Scum fly Insttument leasehold payments 01 ground tents on the Property, it any. and Community Asses uauon Dues. Pecs. and Assessments 11 any 1 is the extent that them: items ate Fsunw Items Rniiowet shall pay them in the manna posided in Seaton 3 (Z4A(WA) (0012) Page 5 of 15 NN D Fenn 3048 1101 C>4A(WA) (0012) Page 0 of 15 ALAL ft D B mowei shall promptly discharge any hen which has priority user this Saxony lnsuument unless Bon (a) agtees in writing to the payment of the obligation secured by the hen in a manna acceptable to Lender. but only so long as B mown s pertn mmg such agreement, Ili) contents the lien in good faith by, oi defends against entott.ement ot the hen In. legal puiceedings which in Lendet's opmton o to prevent the entorcement of the hen while those pinceedings are pending. but only until such pro ecdmgs utc umcluded, 01 (c) secures from the holds ot the hen an agreement sattslactoty to Lender sulandinating the hen 10 this Se unty Instrument If Lender daamines that any pant 01 thc Pwpcity is subject to a Iten which can maul p ova this Security instrument, Lender may give 13omuwei a notice identttymg the lien Within 10 days ot the date on which that notice s given, Bon rows shall sans!) the lien at take, ant of mote 0I the actions set hitch above in this Section 4 Lerida may requite Boo ower to pay a one -time charge to a seal estate tax vcrdiwtion and/ot repotting service used by I ender in connection with this Loan S. Property Insurance. Borrower shall keep the improvements now existing in haeattet eructed on the holm ty insured agatnst loss by rue hacands Included within the tam "extended coverage " and any other ha /aids including, but not limited to, earthquakes and floods, his which I ends ia(uoes rnswancc This inswance shall be maintained in the amounts (Including deductible levels) and lot the petuxls that a n Lcndci i cgwies What Lender requires put suant to the preceding sentences can change dui ing the tam of ev the Loan The insurance can na ptovweling the insurance shall Ix; chosen by &nmwct suhlcu to Lender's cm tight to di.appove &Mower's choice, which tight shall not be exaased unreasonably I ends may o icqunc Bonowel to pay. in uinnection with this I oan, either (a) a one -time (-hinge lot tluod tone Q7 detammation, catiliwtion and tracking services, o (h) a one-time charge to t tone deteimmation o and cerhhcation services and subsequent charges each time temappmgs on similar changes occur which ' i's seasonably might atlas such determination or Get to Borrower shall also be tcsponsible to the ofl payment at any lees imposed by the Federal Emergency Management Agency in connection with the ev review ot any flood lone determination iesulung from an oblation by Bo 10%4,1 .c 11 Bon towel tails to maintain any of the leverages desuibcd above, Lender may obtain insuoance otr coverage. at Lendet's option and Bo ii owees expense Lender rs undo no obligation to pwo.hase any partKUlai type 01 amount of coverage Theietore such Lova age shall viva Lcndet but might ot might not piotat Borrower Borrowers equity in the P.o elty. of thc contents of the Puoperty against any rusk. h.taatd of liability and might provide grata oi Icsset coverage than was pi eviously on elfat 13onowci acknowledges that the cost ot the insurance urvarge so obtained might significantly exceed the cost of mswancc that Bonowci could have obtained Any amounts distu by 1 ender undci thts Section 5 shall become .additional dcbt al B tuowei sawed by this Sour icy lnstt umcnt 1 hest amounts shall beat interest at the Note tate hom the date of dshuiseinen! and shall be payable. with such Intucst, upon notice hum Lender to 13omower requesting payment MI insurance polices requted by Lender and ienewals of such policies shall be suhlut to Lendet's tight to disapp such politics, shall include a standard mortgage clause. and shall name I ends as mortgagee and/or as an additional loss payee Lender shall have the tight to hold the pihucs and icncwat certificates 11 Lender Iequnes. Bo itowei shall promptly give to Lender all uxcapts of paid premiums and renewal notices It BeNinwa obtains any tom of tnsutance Coverage, nul otherwise te by Lcndct tot damage to, o desuuctiin tit, the Ptopetty, such policy shall Include r standard mortgage clause and shall name Lender as min tgagce and/ot as an additional loss payee In the event ot tons. B mowei shall give prompt notice to the insurance caiva and Lender Lerida may make pout of kiss it not made pomptty by Bomowet Unless Lendea and lionowci othu WOK agicl, m wrung any Insurance piocods. whether or not the underlying insurance was tequncd by Lender shall be applied to [estimation ot 'pan 01 the Ptopaty. it the 'estimation of iepan is euomomically feasible and Laida's seeunty is not lessened Dicing such lepan and ;estimation penod. I aide' shall have the nghi 10 Font 3008 1/01 CZ4A(WA) (0012) hold such tnsu,ance pio.eed. until Lends has had an opportunity to inspect such Nom ty to cnsu,c the work has been completed to Lendces satisfaction, ptovlded that such m.pcctiun 1.11411 bx undet taken pInmptly Lender may dtsbutx; proceeds tot the repairs and restitution in a single payment 0t m a secs 01 prugicss payments as the wo,k is uompleted Unless an agieemcnt is made in writing of Applicable Law ,equJ,cs mimes! to be paid on such insurance plowed.. Lender shall not be tequucd to pay Bo rower any interest ot caning% on such proceeds Fees tor public adjusters, 01 other thud patties ,etatned by &,nowt shall not be paid out ot the insurance pttx,ecd. and shall be the sole obligation ot l3itrnwu If the 'estimation 01 'gran is not economically feasible 01 Uncles secu,ity would be lessened, the onswancc proceeds shall be applied to the sums secured by this Srx.urity lnsuument, wheihei in not then due, with the excess, it any. paid to Btmowet Such insurance p shall be applied in the index p,ovided tot in Section 2 It Botiowet abandons the Properly. Londe, may tile, negotiate and settle any asailablc mstuance claim and related matte% It Botrowa does not ,espond within 30 days to a notice hom Lender that the insurance car rter has offend to settle a clam, then Lender may negotiate and settle the claim The 30 -day peitod will begin when the notice is given In eithc, event. or It Lendc *Aunts the. Plopetly undo Section 22 or otherwise, Borrower hetcby assigns to Lender (a) &mower's rights to any msuiancc proceeds in an amount not to exceed the amounts unpaid under the Notc ni this Smut sty Instrument, and (b) any other ot Bouower's rights (nthct than the tight to any idund of unc.uncd plcmiums paid by °., Borrower) undo all insurance polite+ covu the Ptopeity insofar as such lights .tic applicable to the o coverage of the Ptopeiy Lender may use the insw anu. proceeds erthct to icpan o iest000 the Pi open iy of cn 10 pay amounts unpaid under the Notc 01 this Scunity Instrument. whethet 01 not then due ts� 6 Occupancy &xiowet shall occupy, establish and use the Piopetty a% lionowet's ptmcipal iesidence within 60 days attel the execution of this Security Instrument and shall continue 10 occupy the Property as Borlowet's pr mortal residence to at least one year alter the dale lit occupancy unless Lcndu e othetwise agrees in writing, which umsent shall not he unreasonably withheld. u, unless extenuating N t' circumstances exist which ate beyond Botiowes c 7. Preservation, Maintenance and Protection of the Property; Inspections Somme' shall not destroy, damage on Impan the Property, allow the I'ropaly In detentate 01 commit waste on the Propety Whether or not Bnnnwer is tcsidmg in the Property, &xiowu shalt maintain the Plop* ty in ordei to prevent the Property loom deteta►atmg or dccicasing in value due to its condition Unless it is detetmmed pursuant to Section 5 that repast 01 •estotJlion is not economically fumble, L3onowct shale p,omptly tepan the Ptopeity if damaged to avoid lutthei detenoatinn to damage 11 Insurance or umdemnatron pnx.eeds are paid In umnectIon with damage to. 01 the taking 01, the Piopctty. Boriowet shall be'esponsiblc to lepao'ng or testoring the P,opetty only if 1 ends has tcicased ptocuds Ion such purposes Lcndc, may disburse pincecds 101 the repass and 'extol noon to a single payment 01 in a %cite. 01 proves. payments 4% the woIk Is completed It the msu ance 01 condemnation proceeds ate not sufficient to input a, restore the Piopeity, &a tower is not tcheved of Botiower's obligation tot the completion of such 'epan or 'estimation Lcndet or its agent may make reasonable enti'es upon and Inkpedtons of the Piopetty 11 it has ieasonablc cause. 1 ender may inspect the into tor of the impIovements on the Ptnpeiiy Lcndu shall give Iii iowci notice at the time of 01 pr 101 to such an rota xx inspection spu.dyrng such seasonable cause 8. Borrower's Loan Application &mower shall he in detault if. during the I tan application potxcs.% Bummer in any persons tt entitles acting at the dncwton of Ikni owu w with Boiiowu's knowledge or consent gave materially false misleading, in rrwccuIate inhumation 01 statements to Lcndei (in laded to piov,de I endet with matetal 1No0wtlnn) in umneli on with the Loan Matutal oeptesentations include. but are not hmttcxl to repiesentancros con.ao,ng linllnwe's occupancy of the Ptepeity as B trowel's pIunapt resident: Page 7 of 15 if P 'J rain 30411 1/01 � ®4A(WA) (0012) Pape 8 of 15 9 Protection of Lender's Interest in the Property and Rights Under this Secunty Instrument. 11 (a) &orrowel tads to perlo rm the covenants and agreements contained in this Serra ity Instrument. (b) there is a legal pnxctding that might significantly attest Lender's interest in the Ptupetty and/or tights under this Seventy Instrument (such as a proceeding in bankruptcy. probate. tor uudemn ation en tortcitur 101 entincement ot a hen which may attain prtirtty over this Security Instalment on 0) entoite laws in regulations) or (e) Borrower has abandoned the Property thcn L.enda may do and pay tun whatcvei is reasonable or approp to purteu Lender's interest in the Prnpaty and rights under this Seven lnstiument, including 'notating and/or assessing the value ot the Puopeity, and seeming and/or iepatring the Properly Lender's actions can Include, but are not limited to (a) paying any sums soured by a ben which has pnortty over this Security instrument, (b) appeumg In coil, and (c) paying Ieaumable attorneys' lees to protect its interest in the Property and/or rights under this Saunty Instrumcnt, including its sauced position m .1 bankruptcy proceeding Securing the Property includes but is not limited to entemg the Property to make repairs. change hocks, replace or bo.ud up doors and windows. drain water tram pipes, eliminate budding 01 other code violations 01 danganus conditions. and have utilities tinned on 01 olt Although Lends may take action under this Section 9. Lender does not have to do so and is not undo any duty on obligation to do 50 It is agreed that Lends incurs no liability lac not taking any 01 all .unions authorrted under this Section 9 Any amounts disbuiscd by Lcnda under this Section 9 shall beaxne additional debt ot & mowei sawed by this Secuuty Instrument These amounts shall beat interest at the Note rate bum the date, nl ,— disbuiscmcnt and shall be payable. with such interest, upon notice hom Lender to Sonoma eequcsting payment N 11 this Se.uitty Instrument is on a leasehold, &onowa shall (Amply with all the provisions of the lease it &w iowa acquires tee title to the Property. the leasehold and the tee title shall not mete unless a Lender agrees to the merge in wilting as 10 Mortgage Insurance. It Lender iequited Moitgagc Insurance as a condition of making the I own Borrower shall pay the premiums required to maintain the Mortgage Insurance in clfat 11. tot any mason. the Mortgage Insurance cnvaage requited by Lades craw. to he available boar the mortgage otsuer that previously provided such insurance and &atowa was requited to make separately designated payments toward the premiums tor Mortgage Insurance, B rrowei shall pay the premiums is.quuul to obtain o coverage substantially equivalent to the Mortgage Insuiance previously in chat at a tini substantially • n equivalent to the cost to Borrower ot the Mortgage Insurance pevously in effect hom an alternate otv mortgage insurer selected by Lender 11 substantially equivalent Mortgage Insutanc.c urseiagc is not available, Rot owet shall umttnue to pay to Lender the amount of the separately designated payments that were due when the msuianee coverage ce ased to be in chat Lades will accept. use and retain these payments as a non- ietundablc loss icscise in lieu of Mortgage Inswanc.c Such Toss t.sase shall be non - retundable. notwithstanding the tau that the I sun is ultimately paid in lull and 1A.ndct shall not he requited to pay Rol Iowa any mtacst 01 coining% on such Ions reserve Lender can no longer mime loss teserve payments it Mortgage !mutate coverage (in the amount and lot the paid that Condo a quires) provided by an insurer selected by Lender again becomes available, is obtained. and 1 ender iequeies separately designated payments toward the ptemrums tot Mortgage Insurance It Lender requited Mot tgagc, Insuiano.e as a uinditnon of making the Loan and &mower was tequucd to make scpaiatdy designated payments toward the piemrums kit Mortgage Insurance, Btiowei shalt pay the pm inium, tcquued to maintain Mortgage Insuranre m ettect, or to provide a non- tefundable kw% test; ye. until Lender's requirement Ier Mortgage Insurance ends in Jccoidance with any mitten agreement betwexn &mower and Lender providing for such termination or until samarium is rcquucd by Applieablc Law Nothing in this Section 10 attests Rorr obligation to pay interest at the late provided in the Note Mortgage insurance reimburses Lender (or any entity that puichases the Note) la ecit.un losses It may Incur tf &mower dues not repay the Loan as agreed &riowa Is not J party to the Mortgage Inver anee Mortgage Insurers evaluate their total risk on all such losuran.o in tome horn time to tome and may enter into agreements with othee paihes that shale o i modify thou risk or neducc losses 1 hcu, agreements .ue on terms and conditions that are satisfactory to the mortgage insures and the Who patty (in pauses) to these agreements '1hcse agreements may tcgwie the mortgage roamer to make paymenrs using any spume ot funds that the mortgage insole' may hale available (which may tn(Iude funds nhtatncxt hom Mortgage low ane.e premiums) Form 3048 1ro1 42) 4A(WA) (0012) Pane 9 of is As a result of these agreements, Lerida. any puichasei of the Note another wises, any census, any echo entity. of any affiliate of any of the totegotng may 'acme (directly an indoectly) amounts that deuve from (or might be characterized as) a portion ot loan s's payments tot Mortgage Insurance, in exchange tor sharing 01 modifying the mortgage insucr's risk, or 'educing losses It such agreement provides that an attdiate lit Lender takes .a share ot the 'nip's risk in exchange tit a share ot the plenums paid to the 'mutet. the atrangement is often tamed "wove ranswancc " hunhet (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund. (b) Any such agreements will not affect the nghts Borrower has - if any - with respect to the Mortgage Insurance under the homeowners Protechon Act of 1498 or any other law These nghts may Include the nght to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and/or to receive a refund of any Mortgage Insurance premiums that were unearned at the lime of such cancellation or termination. 11 Assignment of Miscellaneous Proceeds, Forfeiture. All Miscellaneous Pio Beds are hereby assigned to and shall be paid to Lender It the Piopeity rs damaged. such Miscellaneous Pnx.ecds shall be applied to tcsturauon ni "Tan ot m the Propctty, it the restoration rn renal' is economically feasible and Lenders smutty is not lessened Duiing such repair and restoration period. Lends shall have the light to hold suc Miscellaneous Pincus's o until Lends has had an uppiatunity to inspect such Piopaty to emote the wink has been completed to c 1 endci's satisfaction, provided that such inspection shall be undertaken ptoinptly 1 coda may pay tun the an icpatrs and restoration in a single disbwsement or in a sales of progress payments as the wink is completed Unless an agreement es made to wining ni Applicable Law tequnes nattiest to be paid on such ° rt9 Miscellaneous Proceeds. Lends shall not be requited to pay Borrower any interest 01 winings on such Miscellaneous P It the restoration o1 icpaii is not economically tumble an Lcndu's %aurity would be lessened the Miscellaneous Puxeeds shall be applied to the sums sawed by this Security Instrument. whether or not then due, with the excess, it any, paid to 134m towel Such Ms .dI.t a.ius Proceeds shall be • applied to the order provided tor in Sutton 2 In the event ut a total taking desnuctron, or loss in value of the Property, the Misccllaneous P,o eeds shall be applied to the sums sc.uted hy this Bounty Instrument whether 0t not then due with the excess ft any, paid to &n towel In the event of a partial taking, destruction. 01 Toss in value of thc Piopctly in which the tan market value of the Property immediately before the portal taking. dcstiuctton, o loss in value is e to of greater than the amount ot the sums secwed by this Sccmny Instrument immediately hclnie the Nina' taking destruction, 01 loss in value. unless Bouowu and Lender otherwise agice in wilting. the sums seemed hy this Set.wrty Inutumcnt shall be 'educed by the amount lit thc Miscellaneous Pto,eeds multiplied by the following fireman (a) the total amount of the sums seamed immediately bclnic the puUa1 taking destruction. of Toss in value divided by (b) the fan market value of the Ptopuly immediately before the patuai taking. deshuct m loss in value Any halanu, shall be paid to norniwei In the event of a partial taking, destruction, of loss in value of the Property in which the tau market value of the Piopeity immediately bctotc the patnai taking, destruction, rn tins in saluc is less than the amount lit the sums set.uted immediately betore the pausal taking. destruction ut loss m value unless &n rower and Lends otherwise agicc 1n wntmb, the Miscellaneous Proceeds shall 1x, applied to the sums seated by this Sa.unty lost'umcnt whether to not the sums ate then due It the Property is abandoned by Iomi 0t d. alto nonce by Undo to l3ouiowei that the Opposing Party (as defined in the next sentence) oltus to make an award 10 settle a claim ha damages Rot town tails to respond to Lcndci within 10 days attet the date the notice is given. I.cndct is authun to collect and apply the Miscellaneous Proceeds Who to restoration or iepan nl thc Piopeity ut to the sums secured by this Security Insttument, whctha et not then due "Opposing fatty" means the thud patty that owes 13o iowe' Miscellaneous Ptocceds of the party against whom Bo owe has a tight of action in regard to Miscellaneous Prouxds Form 304E 1/01 * ` Boomer shall be in default d any action of proceeding, whether evil of minimal, is begun that, in 1 ender'. judgment, could ic'uIt to km femme tit the 1'ioputy to tithe, matutal impaumenl of I endet's mte,esl in the Properly or tights undo this Security Insuument Botiowa can ewe such a default and. if aeecleration has mewled reinstate as provided in Section 19, by causing the action of puxeulmg to be dismissed with a ruling that, in Lender's judgment. precludes forteitute ot the Property or other mania! Impairment ot Lender's interest in the Property tit lights under this Saul instrument The pi needs 01 any award in claim cot damages that are attributable to the Impaument of l.endees Interest in the nom ty are hereby assigned and shall be paid to Londe, All Miscellaneous Prix.ecds that ate not applied to 'estimation 01 tcpaii of the Property shall be applied in the ondei provided for in Seaton 2 12. Borrower Not Released; Forbearance By Lender Not a Waiver Extension of the time 101 payment or modttieation of arm, hzation of the sums secured by this Sanity Instrument granted by Lender to &s rowel or any Successor in Interest of Boiowci .hall Mn operate t0 release the liability of BtulOWU or any Sut.cesuns in Intelest ot Borrower Lender shall not he ;Nutted to commerce p against any Successor in Intucst of &mower or to tetuse to extend time lot payment on otherwise muddy amortization of the sum..ecwcd by this Secut'ly In.tiumenl by meson of any demand made by the of iglu! Bonowel of any Successors in Intsest 01 Botiowe' Any forbearance by Lender in excusing any right of remedy Including without limitation, Lender's acceptance of payments from thud pawns. entities no m Successors in Interest of Borrowei of in amounts less than the amount then due, shall not be a wa'vo of 01 • pieclude the exetuse of any tight 01 remedy 0 13. Joint and Several Ltabihty; Co signers; Suctesvorb and Asstgns Bound &slower covenants o and agrees that Bon owa's obligations and liability shall be pint and sevetal Iloweve,. any I3cmowei who 47, co-signs this Samtty lmtiumcnt but does not execute the Note (a "ursigna ") (a) is ursignmg this Security Instrument only to itxntgage. giant and umvey the co-signer's mtetest an the Piopc,ty undo thc czt at% terms ot this Scsunty Instrument, (b) is not pe so iulty ohhgated to pay the sums seemed by this Seca;ity o lnstiument, and (c) agrees that 1 ends and any other Bonuowei can agree to extend. modify, tolbeai 01 make any accommodations with regard to thc terms of this Security Inshument o' the Notc without the • o etrsrgnu's umsent Subject to the provisions of Section 18, any Successor in Interest ot &,tows who assumes N Borrowef's obligations undo this Security Instrument to writing. and is approved by Lends, shall obtain all ot &n ioWei's rights and benefits under this Secuu instrument &onowei shall not be teleas l bom Bonrower's obligations and liability undo this Saul ty Instrument unless Lendu agrees to such ,cicasc m wining The ctivenants and agreements of tht. Security Instrument shall hind (excxpt as p,uvided in Section 20) and benefit the suceessot s and assigns of Lender 14. Loan Charges Lender may charge &nlowei tees lot sutimes petlormo.J in connection with &niowa's dclault. let the purpose of p l.cndo's tntuest m the Propeity and lights undel this Security Insnument. Including, but not limited 10, atunncys tees. ptopcity inspection and valuation fees In reg,ud to any tithes tees. the absence ot express authority in this Security Instrument to charge a specific tee to &mower shall not be ulnstiucd as a ptohtbnum on the charging of such lee Lendu may not change tees that ace expressly prohibited by this Security Instrument 411 by Applicable Law 11 the Loan is subiect to a law which sets maximum loan clwiges. and that law is finally interpreted sit that the mteiest rn o ha loan charges collected or to be collected in eunnection with the. Loan cxcaxd the permitted limits. then (a) any such loan charge shall be reduced by the amount necessary 10 ,educe the charge to the pet mnied limn, and (b) any sums altcady collected Irom Bonrowo which cxcceded pet muted limits will ex. ,ctundcd to Botrowei Lends may chnow 10 make tlus iclutld by 'Wincing the ptonupal owed under the Note cis by making a dnect payment to Bonowei If a iclund luduces minimal. the reduuton wall be heated as .1 partial picpaymcnt without any pmepayment charge (w hether 01 tin .1 picpayment ehaige es puovided lin under the Note) I)inrowci acceptance of any such relund made by dnecl payment to Bo ttowu will constituter watvei of any light 01 action Bin towel might have arising out of such overcharge 1S. Notices. MI notices given by &mown on 1 ends in connection with thus Seeunty Instrument must be in witting Any notice to Borrows an connection with this Smut ity Instrument shall be deemed to have been given to Bin towel when mailed by first class mail 01 when actual') debveied to lintrowees grip 4A(WA) (0012) Page l0 of 15 r1(,� Farm 3048 1/01 notice addtas d sent by other means Notice to any one &nrower shall constitute notice to all &aiowels unless Applicable Law expressly tequues otherwise The notice address `hall be the I'iupcuy Addiess unless &ouower has designated a substitute notice address by notice to Lender &mower shall promptly notify 1 ends ot Borrower's change ot addicts It Lender specifics a proedule to reputing Bimuwel's change ot address, then &nrower shall only iepoit a change of address through that %pet.thcd p There may be only one designated notice address under this Set.urity Instrument at any one time And notit.e to Lender shall be given by deliveimg 11 01 by mailing o by test class mad to I ender' addicts stated herein unless Lcndct has designated anthc addicts by notice to Boiiowet Any notice in connection with this Security instrument shall not be deemed to have been given to Lender unlit actually moved by Lcndet If any notice tequned by this Set utity Instrument is also required under Applicable Law, the Applicable Law iequirement will satisfy thc corrt.spcwtding requirement undo this Security Intl ument 16 Govenung Law; Severabdtty; Rules of Construction. This Security Insoumcnt shall be governed by federal law and the law ot the Jurisdfuron in which the Pioppeity is totaled All lights and obligations contained in this Scutt ity Instrument .ere subject to any requirements and limitations of Applicable law Applicable Law might explicitly 0r implicitly allow the parties to ogler by conuau 01 it might be silent, but such silence shall not be construed as a prohibition against agreement by contiau in the event that any provistan or clause ot tbts Setuiuy instrument a the Note conthcts with Applicable Law. such conthct shall not attest other plovIsinns ot this Security Instrument ix the Note which can be ° given effect without the conflicting provision av As used in this Sewrily Instrument (a) words of the masuiline gender shall mean and include. ° t.orrespunding mulct words or sods 0t the Iemimnc gender. (b) words in the singular shall mean and c include the plural and vice vow, and O the woid "may" gives sole discretion without any obligation 10 ° take any at.tioin 17. Borrower's Copy. &n rower shall be given one copy ot the Note and nI this Saw ity Intl ument ° 18. Transfer of the Property or a Beneficial Interest in Borrower As used in this Section 18, rte's ° "Interest in the Property" means any legal of benehual mterett in the Property, inc but not limited to. those benehual mtetests banslcned an a bond tom decd. umtrat.t tot deed installment salts contiact err escrow agreement, the intent of which is the timister of title by &n tower at a tulurt date to a put t.hasei • o it all of any pail 01 the Property 01 any Intacst m the Property is sold Of tiansla ltd (01 11 &ninwel • Is not a natural pet son and a benclival intents( in 13oiower is sold of liansloted) without Lender's pilot written consent. l.cndeo may tequoe immediate payment in toll of alt sums xuitcd by this Sectaity instrument Howevet, this option shall not be cxcrused by Undo It utt.h exetuse is puohibited by Applicable Law It Lender excuses this option. Lender shall give &nrower notice ot au,eleratton fhc notice shall provide a pound of not less than 10 days hom the date the nose is given in accofdaoce with Sedum 15 within which &mower must pay all sums secured by this Security Instrument 11 Boilowei fads to pay these sums plum 10 the expiation of this maid. Lender my invoke any remedrcs pumitttd by this &Guilty Instiument without luither notice to demand on &mower 19. Borrower's Right to Reinstate After Acceleration. It 33tmowei meets certain umdrllons, &mower shall have the right to have cntatcement ot this Se un ity Instrument discontinued .0 any time pnoi to the c.ultc*.t ot (a) five days betore sale ot the Piopetty pursuant to any poww of sale umlauted in this Security Instrument. (b) such nth pea Ind as Applicable Law might speedy lot the to mutation of &grower's eight to tamstate. o (c) entry ot a Judgment entoung this Ser.uuty instrument !hone conditions oe that &mower (a) pays Undo all sums which then would be due under this Sam ity Instrument and the Note as if no accefoation had ocwued, (b) cures any default of any other cosenants ot agreements, (c) pays all expenses Inclined in enloictng this Smut ity Instrument, including, but not limited 10. ieasonablc attorney; tees, ptopemty inspection and valuation tees. and Mho tees intuited to the pulpits° ot protecting Lender's mtacst in the Ptopaty and eights undo this Security Instrunioni and (d) takes such action as Lender may teasonably requite to assure that Lender's unties( in thc Piopeity and tights undo this Security Inshument, and Bintowet's obligation to pay the sums su.wcd by this ec.unty Instrument. shall umtinuc unchanged Lcndcr may tc that &nrower pay such icinstatcmi.nt sums and expenses in one ol mole of the following toms, as selected by Lender (a) cash. (b) money older. (c) ©4A(WA) (0012) Page 11 0115 H 0 Form 304E 1/01 cutit,cd check, bank check. ncasutei's check 01 wshta's check. piovoded any such chock ss diawn upon an institution whore deposits ale insured by a tederal agency. instrumentality of entity, or (d) 1 Iectronie Funds Tiarstei Upon ianstatcmcnt by Boomer, this Seeunty Instrument and obligations se urul heteby shall remain fully ettective as Il no ac.t.eleiation had ox.cutred However this it ht w iemstatc shall not apply in the use of ,u.cela anon under Section 18 20 Sale of Note; Change of Loan Servuer; Notice of Cnevance Hie Notc of a palltal mtciest in the Note (together with thus Scc.uuty Instiumenl) can he sold one of more times without porn matte 10 Moose' A sale might result m a change in the entity (known as the 'IAtan Scrvu.at ") that collects Poiada Payments due undo the Note and this Soxunty Instrument and pafoims (echo moutgage loan servicing obligations under the Note this Scusnty Inttiument, and Applicable Law Thuc also might be one or mac changes ot the Loan Servicer uniclated to a bale nil the Note It thcic is a change 01 the 1 own Servitor, Borrowei will he given wt men not+xc ot the change which will state the name and address of the new Imo( Scivseer. the addles% to which payments should he made and any other intimmattnn RFSI'A requues in connection with a notice ot tianster of setviung 0 the Now 1s sold and thcicalto the Loan is sci (geed by a Loan Services Who than the purchaser 01 the Note the mot loan sciviang obligations to &»sower will remain with the Loan Sawa of be translaied to a bus cssots Loin So vices and ale not .• - assumed by the Note put chases unless otherwise piovtded by the Notc pufehasa f Neithet liorrowcs nor Lender may eommeno.e loin. of be joined t0 any tudival action (as etthei an ory 0o individual litigant of the member ol a class) that arises trim thc oche' pasty's actions puisuant to this Scull ny Instrument its that alleges that the (Ma patty has bleached any pioviston ot, 0, any duty owed by aos reason ot. this Secwity Imo ument, until such BOIOwei of Luidei has notitictil the other pasty (with such nonce given in eomplianee with the ioquuunents 01 Salton 11) tit sal alleged hie.Kh and Minded the fen other party hereto a reasonable period alto the giving ot such notice to take uniective action 11 m Applicable Law provides a time pe sod which must elapse before certain action can be taken, that time N period will be deemed to he icasonable loo puipo ses ot Ihis p.uagiaph The notice of aceeleratum and •o opportunity to cure given to Roiiowei pufutant to Section 22 and the notice ot decelesahnn given to ns Borrowes pursuant to Section 18 shall be deemed to satisfy thc notice and opportunity io take coneeusc action provisions ot this Section 20 21 Hazardous Substances. As used in this Sexton 21 (a) "Hazardous Substances" ale those substances d(11111xd as kixic or haiaidous substances, pollutants, 01 wastes by Environmental Law and the following substances gasoline koosenc. other flammable its tome pcuoleum ['inducts tome pestcudes and herbiudes. volatile solvents. mate' sails umUmmg asbestos 01 to maldehyde and iadioacltse nano i.ds (b) "Environmental Law" means leda al laws and laws of the Jniw:he on what the 1'i operty is located that relate to health. satcty 01 environmental pfote/mon. (c) "Environmental Cleanup" oxhide+ any iespoinse action iemedial action or removal action, as defined in Environmental Law, and (d) an "bnvuonmental Condition" means a condition that can cause. u)nnibute to 01 otherwise tisgge an l:nvuonmcntal Cleanup Romowei shall not cause on pcimot thc psesence. use. disposal. snuage. 01 release of any Ilawidous Substances of threaten to ;clam: any Naz.ndou% Substances, on tit in thc Property Roniowa shall not do, nor allow anyone else to do. anything altaung the Piopaty (a) that ss in violation of any Lnvnonme.nal Law. (b) which eieates an hnvuonmental Condition its (c) which, due to the piesenec use of release 01 a Ilawrdo us Substance, creates a condition that adversely affects the value of the Psopeily The pieceding two sentences shall not apply to the ptescnee, use, or stolagc on the Piopcity 01 small quantities ot Hazardous Substances that are generally icungnved In be appiopiiate lv notmal icsldenurl uses and to maintenance ot the Property (including. but not limited to hazatdo us sutstanees to xonsuma products) Holm el shall promptly give Lender ashen notice ol (a) any snveasgatson claim demand. lawsuit tit other action by any govanmental its iegulatoiy agency (n prvale patty involving the Piopeity and any Hazardous Substance of L•nviionmentat Law of which &+Howe, has actual knowledge. (b) any Environmental Condtti n. including but not limited to any spilling. leaking. dischaf gc. tcicase of thieat of i4 -5A(WA) (0012) Page 12of15 Fenn aosa 1/01 release. ot any Hazardous Substance, and (c) any condition causal by the presence. use or release nI a liarardo us Substance which adversely affects the value of the Piaperty It Jltwrowa learns, or is notified by any governmental or regulatory authority, nr any p ovate pity. that any removal or litho iuncdiaiion ot any Hazardous Substance affecting the Property is neccsrwry, Bonowcx shall lumpily rake all ncxc ss.uy remedial actions in accordance with Envuonmental Law Nothing herein shall ucate any obligation on Lender tor an hnvir onmenldl Cleanup NON- 11NIPORM COVENANTS &crown and lender fin (het covenant and agiee.Is follows 22 Acceleration, Remedies. Lender shall give notice to Borrower pnor to ae elevation following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise) The noon: shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by whkh the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result an acceleration of the sums secured by this Secunty Instrument and sale of the Property at public auction at a date not lass than 120 days in the future. The notice shall further inform Borrower of the nght to reinstate after acceleration, the right to bring a court action to assert the non- existence of a default or any other defense of Borrower to acceleration and sale, and any other matters required to be included in the notice by Applicahlc fQ Law If the default is not aired on or before the date specified In the notice, Lender at its option, may require Immeduite payment in full of all numb secured by this Security Instrument without further demand and may invoke the power of safe and /or any other temcdics permitted by crs Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, reasonable attorneys' fees and costs of title o' evidence. Ira if Lender invokes the power of sale, Lender shall Rive written notice to Trustee of the •• occurrence of an event of default and of Lender's election to cause the Property to be sold Trustee • 11:3 and Lender shall take such action regarding notice of sale and shall give such notices to Borrower and to other persons at Applicable Law may require. After the tune required by Applicable Law and after publication of the notice of sale, Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the tune and place and under the terms designated in the notice of sale in one or more panels and is any order Trustee determines. Trustee may postpone sale of the Property for a period or periods permitted by Applicable Law by public announcement at the time and place fixed in the notice of sale Lender or its designee may purchase the Property at any sale Trustee shall deliver to the purchaser Trustee's deed conveying the Property without any covenant or warranty, expressed or implied. The recitals in the Trustee's decd shall be pnma facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (is) to all expenses of the sale, including, but not limited to, reasonable Trustee's and attorneys' fees; (b) to all sums secured by this Secunty Instrument, and (c) any excess to the person or persons legally entitled to it or to the derk of the superior court of the county m which the sale took place. 23. Reconveyance. Upon payment of all sums sauced by this Secunty Insuuntent Lender shall icquesl Tiustec to reconvey the Piopeity and shall surendn this Sammy Instrument and all notes evidencing debt sawed by this Saintly Instrument 10 Trustee Trustee shall teconvcy the Property without wattanty to the pawn Or pclsonb legally entitled to 11 Such poison in persons shall pay any recordation t.osts and the Trustees tec los preparing the leconvcyanu. 24. Substitute Trustee. In au.oidanee with Applicable Law, Undo may liom time to time appoint a sutcessni trustee to any Tiustce appointed hcieundc who has ceased to act Without conveyance oI the Propeily the successor lustce shall suu.cul to all the title, power and dunes conlened upon 1iuslee herein and by Applicable Law a4A(WA) (0012) Page 13 of 15 Form 3001 1101 25. Use of Property The Property rs not used principally ton agrtcultwat purposes 26. Attorneys' Fees. Lends shalt be entitled to recover Its seasonable atunncys' Ices and costs an any actin of pio ceding to umstrue 01 entoue any tam oil this Security Inshumenr The tam "attnrneyt lees " whenever used in this Semity Instiument. shall include without limitation attrnneys tees mewed by I_cndu m any bankr uptcy pio ceding to on appeal ORAL AGREEMENTS OR ORAL COMMITMENTS TO LOAN MONEY, EXTEND CREDIT, OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT ARE NOT ENFORCEABLE UNDER WASHINGTON LAW. BY SIGNING BEI.OW. &ttrower accepts and agrees to the tams and envenoms contained in this Security Instrument and m any Radio executed by &xu>wu and iewrded with at Witnesses 116 (Seal) deo HOA NGUYEN IAMlo..cl N m CA O y - �, . _ jSeal) R�+ set - IUl.lowtt es/ O C► er C)-6A(WA) (0012) (SwI) (Seal •ILW It1111 owu (Seal) (Sell) Huai (WAY 40,10...1 (.Seal) (Scat) All ltnvU •111111%1.1 Page 14 of 15 Form 3048 1/01 STATE, OF WASIIINGTON County of Ki On this da pet,tmalty appeated Woe me to me known to be the mdtvidual(s) desenbcd in and who executed the within and lotegotng tnsttument. and acknowledged that be4hdthcy signed the same as hriAte, /thctr tree and voluntaiy act and decd to the use, and put poses thctctn mentioned GIVEN under my hand and official seal this day of 744 2 a m 4A(WA) (0012) Page 15 of 15 1 H a rlD Nwary Public And kw du, ltak 01 WaJunyMm te.Adm t at a- My Appointment Fi pn / % es on Z /o Fotm 804$ 1/01 at'► THAT PORTION OF THE SOUTH 128.5 FEET OF THE NORTH 149.5 FEET OF GOVERNMENT LOT 1, SECTION 15, TOWNSHIP 23 NORTH, RANGE 4 EAST W.M , LYING EAST OF THE COUNTY ROAD, DESCRIBED AS FOLLOWS' BEGINNING AT THE S.W CORNER OF TRACT 12 OF FOSTORIA GARDEN TRACTS, THE SAME BEING ON THE EAST UNE OF COUNTY ROAD, THENCE EAST ALONG THE SOUTH LINE OF SAID TRACT 12, A DISTANCE OF 395 FEET, MORE OR LESS, TO THE EAST UNE OF GOVERNMENT LOT 1, SAID SECTION, THAT BEING ALSO THE WEST LINE OF THE STEPHEN FOSTER DONATION CLAIM NO 38; THENCE SOUTH ALONG SAID LINE 128 5 FEET, THENCE WEST PARALLEL WITH THE NORTH LINE OF SAID GOVERNMENT LOT 1, A DISTANCE OF 413 FEET, MORE OR LESS, TO THE EAST UNE OF COUNTY ROAD; THENCE NORTH 10° EAST ALONG EAST LINE OF SAID ROAD TO THE PLACE OF BEGINNING; EXCEPT THE EAST 122 FEET THEREOF, EXHIBIT A SITUATE IN THE CITY OF TUKWILA, COUNTY OF KING, STATE OF WASHINGTON sv cr