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<br /> Y. CondMnnaYon.The proceed�of eny award ar claim tor damagea,direct or cansequential,in c�nnection with any
<br /> c8fldim��ti�i�or otiwr t�rkiny c�4the?io�w-�y,a F,a7thereaf,��t�r c��vaia�ca in liau of��nd�miaUori,etH�If3rtlBy EiS9I�r1EHJ
<br /> and ah�ll be paid to Londsr.
<br /> � In the swnl of s todl takinp ot the Property,th�a proCleds shall be epplied tp the aum�seCUted by this Deed of T�us1,with
<br /> the sxcaa.if any,p�id to 8�rrowK. In Iha ewht ol� rtiel takin of Ihe�Pr
<br /> � p9�+��t�� '�.�"� W � �rty,u�le��Borrower and Lendar othe►rwise
<br /> � �ppliacf tothe aumg s�curW by thla Deaduf T�ua such proporii�n of the proceeds as is equal to
<br /> ', that�oporUanwhlChtheamounlolt!»wmsaactuldbythisQeddofTrustimmediatelypriortothedat�oftakln9bearstoths
<br /> � �- t� r��+t vatu�Ot 1ht pr 1mrn�dlahly prior b!M da1e of�akinp with Ma bal�nce of Me p�ocseds paid to 9orrower.
<br /> . M tM PropKty is ab��dnn�by Borrow�r,or if.lRer potics by�.ende��0 8o��ower that the condemnor offera to make an
<br /> award a�IIM�cl�hn tor d�rt�s,8o►rower tiailalQ�e�ond to�tend�e wlthin 30 days after tha date such notice is mailed,
<br /> ' , Le�►O��h auMorit�dlo coll�ct�n��pply the p�pc s,at Let�der�e optio�;etther t��esto�ation or repai�01 the P�openy o�to
<br /> . tM wros a�cund by tht�M�d ot T►uet , � � ,
<br /> • iJ�INS LMdK�nd 8o►�ower oth�►wiss ayres in �itlnp,a�y auch�ppUcation of proceeds to p►incipal�hall�ot extend or
<br /> i� , pat(�on�th�dus daN pf tits monthty installnaenb reterrsd to ln paragraphs t and 2 he�eof o►chanQe the amount of such
<br /> •, in�NmM�b.
<br /> 1�. �rewKNel��d.ExtM�ion of th�tim�To�payment or modificatlon otarttonlz�tion of the sums secu�ed bythis
<br /> QMd ol T�ust p►anNd by L�nc1�t to any wce�as+or In in4srqt o}8onower shall not ope�ate to�ele�ae.In any manner,the
<br /> • Habiliy of th�ori�inal BorrowKand 9Anower'a succ�awn intKSt�Lsnde�ahall not ba raquired to commance proceedir►Qs
<br /> a�i�st wch wcceaor a reluse to exN�d tims tor payment or otherwise modity amonizallon ot the sum�secu�ed by this
<br /> ONd ol Trust by rMfon of any demand mads by the ori�inal Borrower aqd Borrower'�auccessoro in interes�
<br /> 11• Fo�b�sMa�by L�dK Nof s Waiw►.Any fo�6saranca by Lender in exe�cisi��any�lpht or�emedy hereu�de►,or
<br /> otharwt�affonNd by appilcaae law,ahall not be a waive►ot or p�eclude the exercise o1 e�y such �ight o��emedy.The
<br /> procurem�nt of inswanc�ol the paymsnl of taxss or othe�qena ar cha��by Lender shal l�ot ioe a waiver of Lender's right to
<br /> accsle►aM ths matwity of the indebledness�ecured by thi�Deed of T�uat
<br /> 1Z. R«MdIM Cu�w All remedles p�ovided in thia Deed of Trust a�e dlstlnct and cumuiative to any other righf or
<br /> �emsdy under this Deed of Trust o�efb�ded by law or equity, and may be exercised co�cunentty, independe�tiy or
<br /> succes�tve�y.
<br /> 13• Suc�o� and �Sound+ Joln1 and Sw�ral Lt�WM1�r;Capliom. The covenants and agreements herein
<br /> containedshatibind,endthe htahereundershalllnu�eto.therespectivesuccessorsandas�ipnsollenderendBorrower,
<br /> aubject to ths provisions of para�raph 17 hereof.All covenanb and a9reements oi Bo►rower shall be joint and several.The
<br /> capHo�s and headinys oi the paragraphs oithis Deed of Trust are fo�convenience only and are not to be used to interpret Qr
<br /> tleflne the provislan�hsreof.
<br /> t�. Notle�.Exceptto�any nptice required underepplic8ble law to begiven in another manner,(a)any n�dce to Bor�owet
<br /> p�ov[ded tor in this Deed of Trust ahal l be��ven by malli n�such notice by certNied mail addrassed to BorroweQ r�t the Property
<br /> Add�e�or at such otha►add►esa es 6orrower may deaignate by notice to Lender as provided herein.and(Q}any notice zo
<br /> lender shell be ivsn by certiNed mail.�elum recsiptrequsated.to Lender's address stated herein or to such other address as
<br /> Lender may de�nate by noticeto 8orraweras provided hereln.Any notice p�ovided fo�in thls Deed o}Trust shall be deemed • �
<br /> to have besn�hre�to 8orrower or Lender when�iven i�the manner designated herein.
<br /> 1S. UnMorm ONd of Tn�s�GoY�nlnp Law; Sw�ablNly The form ot deed oi trust combines uniform cove»ants for
<br /> nallonal uss and�on-u�iiorm covenant�wlth limited variation�by jurlsdiction to constitute a unitorm securlty insVument
<br /> coverin��eal propeAy.This Deed of Truat shall be yovemed by the law of the jurisdiction in which the P►operty is located.ln
<br /> the event Mat any provlsion or clauae af thia Deed otTrust or the Note confiicts with applicable law,such conilict shall not !
<br /> . affectothe�provlaionsofthi�0eedotT�uatortheNobwhlchca�begiveneBectwithouttheconiHctingprovisions,andtothis
<br /> end the proviaiona of ihe�eed oi�rusi anci ihe isvio��e decfared io be severabie. _--
<br /> ° !R �"'='�'�'�=��i-�:s���:�h%�!����a vv�,wTi'���,�inn P�fii6 niip'o►ini��eeo oi�rusi a�t/te�ime oi - �
<br /> @%BCU�O�i Of 81IAf feCO►�UOII hAfEO�. ' - w , _
<br /> 17. TnnstK W fM PropKfy;As�umptioA I}8 1 q.'',' or an interest therein is sotd or transferred by
<br /> BorrowerwlthoutLender'apriorwrl8enoon�e_A���dAhi�����lie�orencumbrancesubordinatetothisDeed . c_ �
<br /> of Truat(b)the creation of a purchese moriey securit"y n�er �F}f��appUances,(c)a transter by devise descent or by
<br /> operation ot law upon ths desth of e ja nt tensnt or(d)tha grant of any leaaehold interest oi Mree years or less not contai�ing an �
<br /> option to purchaae,Lender may.at Lenders option.declare all the sumssecured by this Deed of T►ustto be immodiately due ;=
<br /> atxi psyabte.lender shall have waived auch option to accelerate ii,prlor to the sale or transter,Lender and the person to ;
<br /> whoet�ths Peopsrty is to be sold or tranaferred�each a reement in w�iting that the credit o1 such person is satisfactory to �
<br /> Lender and thatthe interest payable on the sums secur�by this Deed of T�ust shall be at such rate as Lender shall request If F
<br /> Lender has waived the option to accelerate provided In this paragraph 17, and if Borrower's successor in interest has ;
<br /> executed a written assumpt�on agreement accepted in writing by Lender,Lende�shall release Borrower from aIl obligations M �
<br /> under this Deed of Trust and the Note. . ,��
<br /> If Lender exerci�es auch option to acaelerate. Lender shell mail Borrower rtQtice of acceleration in accordance with � � ��
<br /> paragraph 14 hereoL Such notice ahal l provide a period of not less than 30 days frcm the date the notice is mailed withi n which
<br /> Borrawer may pay the suma declared due.lf Borrower falls to pay s�ch sums prior to the expEGation oi such period,Lender
<br /> may,withnut funiter notice or demand on Borrower,invoke'any remedies permitted by pa�agraph 18 hereoi. .:y�'
<br /> NON•UNIFORM COVENAk7'S.Borrow�r and L�l�r twth�r cov�n�nt and ayrN as lolbws: -�
<br /> 1A. AcCMNaHon;RMn�dl�s.Except as provided irt paragraph 17 hereoi,upon Borrower's breach of any covenant a�
<br /> agreement of BoROwer in this Deed ot Trus�includ i ng tFte covenants to pay when due any sums secured by this Deed of Trus�.
<br /> Lender prio�to acceletation shall mail notice to Borroweras provided in paragraph 1 d hereof speciiying;(1)the breach:(2)the
<br /> actlon�equired to cure such breach;(3�a date,not less than 30 days trom the date the notice is mailedto Borrower,by whict�
<br /> such breach mustbe cured;and(4)thatfeiture to curesuch breach on or beto�e the date specified in the notice may resutt i�
<br /> accele�aUon of the aums aecured by this Deed of Tr�stand sale of the Praperty,The notice shall further inform Sorrower of the
<br /> N�ht to reinstate atter acceleratlon and the right to bring a couct a�tiar�to assert the non-exlatence ot a default or any other
<br /> defense of Borrower to acceleration and saf e.If the breach is not cured an or betore the date specified in the notice,Lender at
<br />` Lend�er'�option maydeclar�a[E_of the sums secured by 4his Deed o1 Trustto be immediately due and payable without further
<br /> demand and may lnvake tRe power of sale and any other remedies permitted by applicable law.Lender shaft be entitled to
<br /> � coilectallreasortabtecastsandexpenses�rtcurredinpursuingthererc�ediesprovidedintheparagraphl8.including,butno!
<br /> limited to.reaaonabh attorney's teea.
<br /> ' if the powe�of sate ia invoked,Trustee sl�alt�ecor0 a notiCe of default In eaCh county in whi�cn the P�operty or some part
<br /> •thereot is tocated and shall mail copies of such noticein the manner prescribed by applicable law to Borrower and to the other
<br /> p�sons prsscribed by applicable law.Afler the lapsevf such time as may be required by applicabl�law.Trustee shall give
<br /> puDiic noNce o1 sale to the persons and in the manner prescribed by applicabfe law.T�ustee,without demand on Borrower.
<br /> shall sell the P�operry at publiC suction to the hiphest bldder at the time and ptace and under the terms designatgd in the noUce
<br /> of aale in one or more parcela and in such order as Trustee may determine.Trustee may postpone sale of all or any parcet of --_ --
<br /> the Property by public announcement at the time and piace oi any previously schedufEd sale.Lender or Lender's designee � •
<br /> rnay purchase the Property st eny sate.
<br /> Upon teceipt of payment ot the price bid,Trustee shal l deliver to the p urchaser Trustee's deed conveying the Praperty sold.
<br /> Therecitals in theTrustee's deed shall beprima facieevidence of the truthof the statements madetherein.Trustee shatl appty �
<br /> the proceeds of the sale in the foltowing order.(a)to allreasonable Costs and expenses ot the sale,including,but not limitedto.
<br /> Trustee'steesofnotmorethen %ofthegrosssaleprice,reasonableattorney'sfeesandcostsoftitleevidence:
<br /> (b)to all sums secured by this Deed of Trusk and(c)tha excess,if any.to the person or persons legally entitted thereto.
<br /> 1�• eorrow�'�Ripht to RN�atH�. Notwithstar+ding Lender's acceleratiun of the sums seaured by this Deed of Trust. �
<br /> L Borrowelshallhavethe�ighttohaveany ptarceeding9begunbyLendertoentorcetheDeedofYPUStdiscontinuedatanyt�me Q�
<br /> prior to the eartierto oCCUr of(i)the fifth day before theeata ot the Property pursuant ta the pawer of sate contained in the Deed
<br /> oi Trust(iiJ entry of a ju�9ment enforcing this Deed ol t�ust ii:(a)Borrower pays L nder all sums which wouid be then due �
<br /> under t�►is Deed oi Trus�the Note and notes securing Future Advances,if any,h��i no acceleration occured:(b)Borrower �
<br /> cures ati breaches of any other Covenanfs or agreements ot Borrower contained in ihis Deed of Trust.�c)8orrower pays al1 t"�
<br /> reasonable expenaes incurred by Lenderand Trusteeersforcing the covQnants and agreements a1 Borrower conta�ned i n this �
<br /> Deed ot Tr�St and in entorcing Lender's and Trustee's re medies as prov�ded�n parag raph 18 hereof,�nciu d�ng,but not 1�m�ted ''
<br /> !o,r�8��nsbl��.;;�tr►�y'„l��s;and t�)�orr8�8r takes&u i.h aCiio�as Lender may reasn��auly rey uue to assure ti�a t the i�en of �-
<br /> this Deed ot Trust,Lender's interest in the Property and��rrower's obligat�on to pay the sums secured by th�s Deed ot 7rust
<br /> shall continue unimpaired.Upon such paymentand cure by Bor.ower.th�s beed of Trust and the obhgai�Qr•s secu�ed herNby
<br /> shall remain in tull force and eNect as i1 no accelQratior. had ocr,urrecf
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