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<br /> ' 9. Cond�mnstton.7he prsceeds ot any eward ar ctaim for damapes,direct or conseq�ential,in conaection with any
<br /> condemnation orothertaking of the Property,o�partthQreot,or tor conveyance in lieu of cortd�mnation,are hereby assigned
<br /> and shatl6e paid to Lender.
<br /> ►n the event of a totai taking ot the Prope�ty,the pwceads shail be app9ied t�the sums secured by this Oeed of Trusf,with
<br /> r the excesa,if any.paid to Borrower.ln the event ef g partial takinq ot�Ae Properry,untess Borrower an�t Lender othervrise
<br /> � �e�ree in writing,thereshati beappiied totle85ums seCUred bythis�eedatTrust�uCh proportion ot the proceeds as is equal to
<br /> - � �=�thatproporti�onwhichtheamouMOitheaumssecuredbyth9speedat?tuat+r�mpdiatetypriartothedateoitakinghearstotha
<br /> • e 'i tai:ttsarttet vat�te o!the pr,ayeny immedietety prior fo the date of tllkirt9,with tho beWnCe af the proceeds paid to Bpnower.
<br /> [t the P(o�e!�I is abandoned by BoROwer,or i4,a�Rer etotice by Lender to Bo�rower that the condemnar oflers to make an
<br /> �-; � anv8�d ar settte a ctaim for damaQes,gpr�owes fails to re�pond to(.ender witAin 30 days eRer the date such notice is maited,
<br /> Lien�3er:is autjiorized tfl cottect end apply the proceeds,ai Lertder'�opbioa,eithar to restoretion or repair of the Property or to
<br /> � the$unis secured by this Deed ot Trust . � : :
<br /> Un1ASSLgs-,derandBoaowerotherwiseagteeintiirritirig,a�}ysuchappticationofproceedstoprincipalshallnotextendor
<br /> � -. � .`postpo� rt��due daEe ot the monthty installments r�terr�d td in paragraphs 1'and 2 her•aot or change the amouctt ot such
<br /> _ t' �1Q son'o+�KNa1RM��d.Extestsion�ofthetimeforpayrnenlormodificationotamortizationofthesumssecuredbythis
<br /> ` Deed of�'a�gra,-:?�ed by Lender to any successor in interest of @onower shap not operate to rel�se,in any manner,the
<br /> • Iia4silityotit2�o�figir.aiBoROwerandBorrowe�ssuccessorSini$f6stl..endershallnol6erequiredtoGOmmenceproceedings
<br /> '; egainst ss�ch successar or refuae to extend time for payment or otherwise rt:odify amortization of ths sums secured by tihis
<br /> Deecf oi Trust by reasor:ot any demand made by the originai Borrower and Barrower's succassors in irrterest
<br /> 11• �orb�anne�Isy L�nd�r Not�Waiwr.Any forbearartce by Lertder in exercising any right or remedy hereunder,af
<br /> otherwise at[orded by applicable law,shall noi be a waiver�f or preclude the exercise of any such right or remedy.The
<br /> procurementof insurat�ce pf the paymentof taxes orotherlierts crcharges by lender shatl not be e waiver ot Lertde�s rightta
<br /> accelerate th�maturity af the in�iebtedness secured by this Deed of Trust
<br /> , �Z- R�df�s Ct�nnlatlw AQ remedies pravided in this Deed of Trust are distinct and cumuiati,�e to any otfier rignt a-
<br /> remedy under this Oeed ot Trust or aiforded by Eaw or equity,and may be exercised concurrer�Ly, irtdependently or
<br /> successive(y.
<br /> _� �3• Su�Cysors and Asaipns Bound; doint and S�v�rai Uab(lity; Captions.Tt�e r,,�.�nants end agreem�.� hertsin
<br /> contained shall bind,and the righb hereunder shail inure to,the respective successorsa�c�assigns ot Lender an�fi C�arrower,
<br /> subject t�a�:e provis'sons o!paragra�f�1 T hereof.Ail covenants and agreements ot 6c:c�:rer sha11 t�e1oint and several.TAe
<br /> captions a:��headi�gs ef the parag-aphs of th"ss�3�ed ot Trust are for canvc-�!ienas onty and are not tn l�2 used to interpret er
<br /> define the provisions f�f.
<br /> 14. Notic�.ExceptF;;ranynottcerequiresiur►srappliCabtetawtobegh•�niaanothermanner,(a)anynoticeto8orrower
<br /> pravided frr in this Deed ot Trust shall be given by mailtng such rt�fics by cart,fied mai!����ed to Borrower at tfie Property
<br /> —� ACdress o:z�t suck other address as Borrower may designa+.e�-��oti�e to�ertder as provided herein,and(b)any rtotice to
<br /> lendersrr."FDegivenb ceRifiedmait,returnreceiptrequeated.totendez's�ddressstatedhereinortosuchotheraddressas
<br /> Lendermay designsl��-�notice4o 8orroweras Rr.�vided herefn.Any rto;:��r:zvided tor in this Deed�f 7rust shali be deemed ' '
<br /> ?�have been given tc�r.:;ower or Lender when r�`ren in the manner de�i�:�ted herein.
<br /> �S• �nNam D�ea6'c�:'�rus�Gov�rMn�La�r;S�trKabiNty,The torm a��e�ed of trust combines unitorm covenanls tor
<br /> rationa!c:�e and n6n�uniform covec2*ns with limiied variations by jurisdiction to co:s�,ttisuts a unitorm security instrument
<br /> covering�;property.Thts Deed cP1'r�stshall be goverrted bythe law ot the jurisdie��.�,in which the Prop�ny is I¢e�ted.tn
<br /> the everY t3��_t eny proviston or ci^�c�f this Deed af Trust or ths Note contficts with-{f�l;r.able law,sush conflict shall not
<br /> affect other�rovisions of this Oee�s c'�rzustorthe Note whlch can be given eftectwithou;�-�conflicting provisions,and to this
<br /> end the provision�of the Deed of Trust and the Note are declared to be severable. •
<br /> 1S• 8orrow�r'a Copy.Borrower shatl be furnish�Afarmed copy of the Nofe and of this Deed of Trust at the time of �
<br /> executionorafterrecordation.hereot;;_:��•���'-�';a��;3_,�� t
<br /> 17. Tramhr M th�PryxNtly�� ���R ri��,�s property or an interest therein is sotd or trar.�'��rred by
<br /> Borrowerwithoutlender'sprlorwr nco creationofalienorerscumbrancesubordinatetothi3Deed :
<br /> o}TrusL(b)tho cr6ation of a pu=cha5diti�?i'�r ausehal�n�7�liances,(c)a transter�.;�devise descent or by '
<br /> operation of law upon the deatFi ofejotr�tte6ant or(d)the grant of any lease!*�.����,nterest of three years e°�r.ss not containing an ';;���''
<br /> opt�on to purchase,�ender may,at Lender's option,dectare all t4�e sums sec;:t ed bythis Deed of Trus4tf�be immediately due
<br /> _ and payabfe.Lender shall have waived such opiion to ecceferate if,prlor to the sate or transfer,Lender and the�.arson to
<br /> whom the Property is to be sotd or transferred reach syreem�.rt!n writing that the crerf�s;of such persan is eatisf4�::�ory to ;
<br /> Lender artdthattNe interest payabte on thesums secured by t��;t I�-sed of Trust shall be�t:,UCh rate as Lender shal�n.;,�est.lf
<br /> Lender has waived the option to accelerate provided in th;�;,,;_ragraph 17,and if 8orrower's successor in interest has
<br /> executed a written assumptton agreementaccepted in writing by Lender,i.��der shall release Borrowerirom att obligafsflns `
<br /> ,�, ,
<br /> un r this Deed of 7rust and the Note. - ����
<br /> If Lender exerciaps such option to accelerate.Lender shall mail Borrower notice o1 acceleration in accordz�ce with '
<br /> paragraghsahereaf.Suchnoticeshallprovideaperiodotnotlessthan30daysfromthedatethenoticeismailedw{tJ�in••,w�ich �" �
<br /> Borrower�n�•�pay the sums declared due.It Borrower taits to pay Such sums prIor to the expiretion of such peria�i,L�nder
<br /> may,withaui°1'urther notice ar demand on Borrower,invoke any remedies�►mitted by paragraph 18 hereof. ��'
<br /> _ NON-UNIFORM CQ�'�NANTS.BorrowK and I.�nd�r furthu cov�nant�rti�a�r�s as folto+vs: 1' �'
<br /> �A. AccNKatbn;RMn�diN,Except as proviQr,-d in paragraph 17 hereo?,upon Borrower's breach o}any covenant or '
<br /> ug4eementolBorrowerinthis0eedotTrust,inctudingthecovenantstopaywhendueanysumasecuredby this0aedofTrust,
<br /> Lender�nar to ascebratlon shall mail notice to Borroweras pravided in pa�agraph 14 herc�f specifying:(t)the breach;(2)the
<br /> actionr�q�tir��dtocuresuchbreach;(3)adate,notlessthan30daysiromthedatethenot�celgmaited4oBorrower,bywhich
<br /> Such brEecfl i-�ustbe cured;and(4)that failure to cure euCh breach on or beforethedate Speclfied in the notice may result in
<br /> accelersHniz oithe aums secured by this Deed ot Tru3tand sale o1 the Property.The�otice shatl turiher tn�arm Borrower of the
<br /> rigt►t tm reinrCate after acaeleretion and the right ta bring a court action to Qaar:sh the non-existence c1;��ofault or any other
<br /> defense cf t�qi�rowerto a�celeration and sale.If the breach is not cured on ccl�eiore the datn specitied in the notice.Lendor at
<br /> Lendee'�o�lind�mey declare all of the suma secured by this peed ot Yrustto be immedialr:ly�ue and payabte witha�jt�uRher
<br /> demand hnd i:�ay Invoke the power ot aale and any other remedies permitted by apFticnl�lr.taw.Lender shall be cnU}::ed to
<br /> collect all reasonabte costsand expenses incurred in pursulrtg the remediesp�ovided in;:he paragraph 18,inctuding,but not
<br /> , limited to,rea3onabb aftorney's tees.
<br /> If the power of a�le is invoked.Trustee sht�ll rocord a notice oi detauit in�c�ch counry in which trG��ropeny or some part
<br /> !9ereot is focated and�hal1 mail copies otsuch noUCe in the manner prescribedby aQplicah�e law to Borrower and to the other
<br /> persons prsicribed by eppNcebte law.ARer Nte tapse o!such time as may be requ�red bt�pticabte law,Trustee shatl give
<br /> public notice o!saletothe persons and in the manner presc�ibed by appticabta Isw.TruWpe,without dema�nd on Borrower.
<br /> shallsellthePropeRyetpublicauctiontothehighestbidderatthetimeandptaceandunderthetermsdesipnatedtnthenotice
<br /> 01 sate in one or more percels and in such order as Trustea may determine.Trustee may postpone sat�o18t1 pr any parcel of -- -
<br /> ` � ma Ppurchase tAe�c announcement at the time and place of eny previously scheduted sa►e.Lertder or Lender's designee '
<br /> � Upon receipt o1 ��at any sate.
<br /> psymentoithe pricebid,Trustee shalldeliver to thepurchaser Trustee's deed conveying the Property so1d.
<br /> The recitals in theTrustee'adeed shall be prima faCieevidencealthetruthol the statements madetherein.7rusiee shall appty
<br /> the proceeds of the sale in Me follawing order.(ay to all reasonable costs and expenses ot the sate.including.6u!not limitPrt t�.
<br /> � Tisss±�'sl��tnptsr�tyra;���� ybaftfi�egrosssatsprice,rABSGnabfeattornoy'sfeesandcostsolt�tloevidonce. �
<br /> (b)to a11 sums secured by this Deed ot Trus�and(c)the excess,if any,to the person or persons legalty ent�tled tharoto �
<br /> 1!• 6o+row�'�Ri�M b RMmWN.Notwithstanding Lender's acceleration of the sums secured by this Oeed ot TrusE
<br /> � � Borrowershal�havetherighttohaveanyproceedingsbegunbyLendertoenforcethe0eedotTrusfd�scnntinuedatanyt�rr�e �
<br /> prior to the earliertOOCCUr oT(i)the tifth day betorethesale ollhe Prop�rty pursuant tothe 0ower otsale contained in thn U�d �
<br /> ot Yrust(�i)entry of a judyment entorC►ng this Qeed otTrust it:(a)Borrower pays Lender all sums which would be then due E.,,�
<br /> unde►this Oeed o!Trust the Note and rtotes securing Future AdvBnCes,it eny,had no�cceteration occuceA:(b}Borrower
<br /> Cutes all breache8of eny other covenants or agreements ot Borrower contamed in Ihis O�ed of 1'rust (c�Borrnwor pays a�i ���
<br /> -- reasonabte eMpense5 incurred by Lender and Trustee enforcmg the covenants and ar�reements ot gorr�wer c�nta�n€d in In�z ,.,
<br /> ___ beedotTrustandinentorcingLendadsandTrustee's�emediesas�rovrcfedinparagraphtE�hpraot,�nctud�ng.��tnotl�m�te�s � '
<br /> --°-• to,rea;anaGleattumey's tees;an�(�}�rrawer takes such Ucfitin c�sl.ender may roasanably rey�r�re ta assure that the I�rr.c�r �
<br /> �,� this Deed ot ltust,lender's�ntorest in thQ P►opvrty and Bnrrower's obl���brn�tu pay the sums s�r,urc•-t by trt:�peec4 n!7��,st
<br /> # �;' shallconhnueunimpa�red ElponsuchpaymantnndCUrebyEiairc»ve�.tn�sJee.dotTrus�ar.d!r,�.ubhq,aLi-.i;�t�c.�'E�cf1���•ttt•1
<br /> �bf" shair rernairr�n fuii torco�ind c�ftact�s+t no accater�hur,n��,f vcc.u�re�t
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