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<br /> -- !. Gand�nn�Mon. The O�pceed�01 Anp �1wA�d or GIRii» (or c1Amfl9es,direC! or consequential, �n cannecUOn wdih any
<br /> Gond�m»etlan or oM��t�ktnp of ihe Prop+�rty.or part th+root;or tor convey�nce in iiou of condvmnation,t�ra f�000by assigned
<br /> � pnd eh�ll be pald to L�nchr.
<br /> In the event of a tofal tekinp ol the Property,ths proceedt ahall bs appliad to the sums secured�y th�s Deed of Trust,with
<br /> ths pxcsw,ll any,p�id to 9orrower.In the evMt oi a p�rtiAl t�ki�y of Me Property,unlea�Bnrrower and Lender othe�wise
<br /> ayr�e in writin�,fP�re shtdt beAppUed to the sum�se�curod by thi�Deed of Tro�t auch praportian ot the p�oceeds es i�equal to
<br /> i thN�ropo►1io�whi�chth�amounbfthestimss�cu+AdbyMlsOe�cipfTru�stimmpolatelyp�iortothedataoftaktngbearstothe
<br /> . f�ir n�tkK v�tu�of tM pr Immedlafeiy p�lor to the date ol takin ,with the be�Ance of tha p�aceeds paid to Bo��owar.
<br /> �. M tfilt F'ropMy is�bn�by 8orrowK.or if,slfet�oqCe by Len�ec to Bor�owa�that the condem�o►oflero to make an
<br /> ' awar0 Os�!!la a clatm tor d�ma�ss,8at�rowar fail�to respAnci to lender wit�fn 30 days alts:ths date such nottGe is maited,
<br />� . �. l�nd�t�i�aulhoriz�d to colNct and�pply the psacesda;at Lend�r's option.eifher to resto►ation or repair of the Property or to
<br /> tht wrps�cund by this Oe�d ot Trust , ` .
<br /> � •UnI�L�nder�nd8orrowerotherwiye�grosinwr'inp�a�ysuchap Iicallono}proceedstopiincipalshalinotextendar
<br /> • po�tpon�th�dus dal�of the manthly inst�lirtlents rel�ir�to i�paragr�ph�1 and 2 hereof or chenge the amount of such
<br /> in�lalNr�nb. � ' :
<br /> 10. �arowKNo111�OMNd.Extensio�ofMsttmef�rpaym�+ntormodificationolemortizationofthesumssecu�edbythis
<br /> DMd ol Trust qranted by L�nder to�ny succ�ssor in interest of Borrowe�ahall not operate to retease,in any manne�,the
<br /> Uabilityolth�orl�inat 8orrowK and 6orrow��b wccetson intersst Lender ah�ll not be requi�ed to commence proceedings
<br /> a�ainsl such auccawr or rNuss to�xtMd tim�fop peyment o�otht�►wise modity emortiYatian of the sums secured by this
<br /> • Deed of Trust by re�aon of any demand m�da by the ori�inai 8o�rower and Bor�ower's successors in inte�est.
<br /> 11. Far6Nt�nc�by L�ndK Nol s Wah�.An�torbparance by Lender in exercisinp any�ipht or remedy hereunder,or
<br /> otherwiae affordsd by�pplic�ble law, sh�ll not be a waiver nf or preclude the exercise of eny such ripht or remedy. The
<br /> p�ocuremsnt ot insure�ncs of the payms�t of taxes or other Ilena o�chA�yes by Lender shal l not be a waiver of Lencier's right to
<br /> aCCeler�te the meturiry of tM indeDbdnesa secured by this Deed of Trust
<br /> 1Z. R«w�eN�a CwnWWw All remediea p�ovided in this Deed ot Trust are distinct and cumulative to any other�ight or
<br /> �emedy unde�Mis Oeed of T�vst or aftorded by law or equity. and may be exercised concurrently, independently or
<br /> succeasively.
<br /> 18, SueaM�as and �ound;Joint and Sewral LiablNty; CspMons. The covenants and agreoments herein �
<br /> contained shall bind,and th�b heraunder shall 3nure to,the re�pective�uccessors and esaipns of Lender and Bo��owe�,
<br /> subject tothe provislona of peragraph 17 hereol.All covenants and agreements o!Borrower shall be joint and several.The
<br /> captionsendhaadinpsotMeparagraphsolthis0eedofTrustaretorconvenlenceon�yandarenottobeusedtointerpretor
<br /> defins the proviaions hKeof.
<br /> 1�. 11oNC�.Excepttor any notice required under appticable law to begiven in another manne�,(a)any�oticeto Borrower
<br /> p�ovided tor 1�thi�Oeedof Trust shall be yiven by maiting such notice by ceR�fied mail add�essetl to Borrower at the Property
<br /> Add�eas or at such other address as 8orrower may desiynate by notice to Lender as provided herein,and(b)any notice to
<br /> lende�sh�tt be yiven b�rcertiNsd maif,return receipt�equested.to Lender's addresa stated he�ein or to such other address as . .
<br /> Lendermfy deal�naMby noHce to Borrower��proveded he�ein.Any notice provided for in this Deed of T�ust shalt be deemed
<br /> • to havs be�given 10 8orrower Or Lander wt►�g�ven in Me manner designated herein. �
<br /> 1b. UnMo��n D��d W Tewl; Gov�nNp Law;S�wrabMt�t The form of deed ot truat combines uniform covenants for
<br /> national use and non-unitorm covenanb with limite,d varlaUons by jurisdiction to constitute a uniiorm securiry instrume�t
<br /> coveri�rs�sl ptopeRy.This Deed of Trust ehall be�overned by the law of the jurisdictioR in which the Property is located.In
<br /> tha event that any provlaian or clause of this Oead of Trust or the Note conflicts with a¢plicable lavr,such conilict shall�o! �
<br /> atfact ethar provlslons Of th��Deed ol T�ustor ths Note which can be given eflect without the contUcting provisions,and to this •
<br /> end the pro ' Trlalt ana me tvote are aectareo to be severao�e. � -
<br /> ♦A �� ____ —_ -•�.ww.�..br.N M.s.t 3.. • d.. i�M...�.� �n w ..1..t�►.'.. �T ♦.. N...�' � -
<br /> . ..`..+ .,.
<br /> � w��w�• �wrlr��r w�vi'ilty�vt'�o ut'iii�a'3�n ov v13f3ji vr..�v r.�.'lw aRv w w.3a a�vwv'"�Z3� •iJo�vt�.�v aiiTiv v� . . •'
<br /> execution or,afle cor�rWy;�r • � -
<br /> 17. T� .!1 all vr any part of the property or an iRterest therei�is sold or transierred by
<br /> 8orrowerw' t,excluding(a)thecreationofalienorer.cumbrancesubordinatetathiaDeed . -
<br /> of Truat,(b)the cresNon of a purchase money security interest for household appliances,(c)a transter by devise descent or bY • .��
<br /> operation of Iaw upon the death of a;oini tenantoE(d)thegrant of any leasehotd interest of three years or less not contai�ing an • ;_
<br /> ' option to purohaae.Lender may.at Lende�'a aption,dectare alt the sums se�ured by this Deed of Trust to be immediately due 1�
<br /> and paysbte.Lendet ahatl have waived such option to accelerete if,prior to the sale or transter,Lender and the pe►son to ?
<br /> whom tftie Prop�rty is to be�old a tr�nsferred reach a�reement in writing that the credit of such person is satisiactory to
<br /> Lenderand thetthe intArsst paysb{eon thesums secured by this Deedof Truetshall beatsuch rate as Lende�shail request.It
<br /> Lender has waived the option tQ accelerete provided in this paragraph 17,and if Borrower's successor in interest has ;, '
<br /> execubd a vvritten aasumpron agreementeccepted in w�iting by Lender,Lender shall release Borrowerfrom all obligations
<br /> under this Deed of Truat and the t�iote. � �
<br /> If Lertder exxci�es such option to acceteraM, Lender shall mail Borrower notice of accoleration in accosdance with y�
<br /> para�raph 14 hereot.SuCh notice shatl provide a period of not less than 30 days trom ttee date the notice is maitec!within wh�ch
<br /> Borroweccnay psy the sums dsciareddue.li BOrrower tails to pay such sums prior to the expiration o}such period.Lender �
<br /> may,wlthout turther nobce or demand on Bp�rower, invoke any remedies permitted by paragraph t 8 hereof. .�
<br /> NON-UNIFORM COVENANTS.BarowK and L�nd�r turth�r cov�nant and a�rN as lollows:
<br /> ti. AecMKatlon;R�nNdN�.Except aa provided in paragraph 17 hereof,upon Borrower's breach of any covenant or
<br /> a�reementof Borrower in thi�Deed of Trust including the covenants to pay when due any sums secured by this Deed ot Trust.
<br /> Lender prior to acceleratio�shal l mait notice to Borrower as provided i n paragraph 14 hereoi specifyi ng:(1)the breach;(2)the
<br /> ttction requ ired to cura such breach;(3)a dete,not less than 30 days from the date the notice is mailed to Borrower,by which
<br /> suCh b�each must be cured;and(4�that failure to cure suCh breach on or before the date specified in the notice may result in
<br /> acceleration ot the sum�secured by this Deed o}Trust ana sale of the Properry.The notice shall further inform Borrower of the
<br /> ripht to reinstateaite�aCCeleration and the risht to brins a court action to assert the non-existence ot a delault or any other
<br /> deiense ol Borrower to acceleration and sala.If the breach is�ot cu red on or befo�e the date specified in the notice.Lender at ,
<br /> Lender's option may"dectareall of Meaum�aecured bythis Deeci of Trustto be immediately due and payable without turther
<br /> demand and may invoke Me power ot sale and any other remedies permiKed by applicable taw.Lender shall be entitled to
<br /> � colisctatl rsasonablecasts and expenses inCUrred ir�pursuing tha remediesprov�ded in the paragreph f 8.mcfuding,but not
<br /> limited to.re�sonsbls atbr�►ey's tees.
<br /> ifithe powe►of sib i�invoked,Trustee shsii record e notice of defauN m eaCh couniy m wincii fne Pr��Criy o�3Urn�pari
<br /> � thereof is located and shsll mail copiesof such notice i�the manner prescribed by applicable law to Borrower and to the other
<br /> persons preac�ibed by applicable law.Aiter the lapse ol such t�me as may be required by applicabte law.Trustee shall g�ve
<br /> publio nodcs of sab to fhe�persons and in the manner prescribed by applieable law.T►ustee,without demand on Borrower,
<br /> sha�l sell ths Propsrty at public auction to the highest bldder at tha tima and place and under the terms des�gnated�n the noUce ____�,_
<br /> of sale in ons or more plrcel�And irt such order as Trustee may determine.jrustee may postpone sate ot a II or any parcel of ;
<br /> the PropeRy by public announcemant at the time and place of any previously scheduied 5a1e.Lender or lender s designee
<br /> may purchaae tha�rope�iy at any aaie.
<br /> Upon receipt of payment olthe price bid,Trustee shall deliver to the purchaser Trustee's deed conveying the P�operry sold
<br /> The recitals in the7rustee's deed shall be prime tacie evidence of the truth of the statements madeth�rein.Trustee shaU apply ,
<br /> theproceeds of thesabin thelo�lowing order.(a)to a!1 reasonable costsand expensds o}the sate,includmg,but not tim�ted to.
<br /> Trustee'sfeesofnotmorethan 9bofthe grasssalepr�ce,reasonableattorney'steesandcostsott�tleevidence.
<br /> (b)to atl sums secured by this Deed o1 T�us�and(c)the excess.it any,to ths person or persons legally ent�tled thereto. t�
<br /> L li. BotrowK�s Atqh� a R.rmsaa. Norivithstanding lender's accelerat�on af the sums secured by th�s Deed ot 7rust. �
<br /> Bstrower shall havetherightto haveany proceedingsbegun by Lenderto e�force the Deed of Trust d�scont�nued atany time
<br /> p�ior to tha earlier to occu�ot(i)the lifti�cfay beiore the safe o9 the Property pursuant to the power oi saie cantamed m the Qeed �
<br /> of T�ust(��}entry ot a judgment enlorc�ng th�s Deed ot Tr�st if.(a)�orrower pays Lender all sums wh�cn wouid be tnen due �r•.
<br /> under this Deed of Trus� the Note and notes secunng�uture Ad�ances,ef any,had no acce�erat�on occured(b1 8orrowe� cfl
<br /> � eures eii breacfies of any oinsr covenants or agreements of Borrowe►coniamed in inis veeo oi Trusi {cJ csorrower pays a�� ��'�
<br /> — reasonable expenses incurred by Lender and Trustee enforc�ng the covena nts and agreements o!�orrower coMa�r�ecl�n tn�s •
<br /> Deed otTtust end m enfotcirrgLQnder's andTrustee'S remed�es as prov�dP.d��parag►aph 16 hereot.�r.c!ud�r.g,but not nm�ted -
<br /> � �O.f°8S4lt8tilE B�t�Jfnn�'�Iaow3^f�([!}Q�'!lOY:�f�..°.!:S°'.�L'C!'•.^.G�:C^�.°.«E!:'�°i m3�!�3S�J!i3L��`f!�.^�lt�ft'�!>��S::f±•1!:::1hC��Cr��
<br /> - this Deed ot Trus�Lender's intetest in the Property and Borrower's nh!igat�o�to p�y the sum�,securE��i h;��i5[7t�t>rl�i T n, .t
<br /> shal�conUnuoun�mpauedUponsurhpaymontande.urehytiovpwc�+ !h�5;leetl�^ Tr�,S+��rr�+����h'�qi' � • •a: •����•1� �����t•,
<br /> `� shau re�Ra�r �n tun�orce�nd etfect as�f no ncce�er�►�o� n,�d t�f.�u��t�!1
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