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<br /> ' 9. Can�amnation.Ttte�r�c�eds ot any Awa�'d or Cfaim for dan�aQes,direct or cortsQquentrnl, �no onnc
<br /> cu�u'a,���a4�an a�3�i�e��aring�f t1a P��parr�r,ur pa�;;��arao�,Gi foi cv`��vayance in i�du ai canciemnation,aro haraby esn�flned
<br /> and sh�Al►bp puld to Lend��.
<br /> � in the event of s tohl Mkin�of the Properry,the procabd�shatl ba eppllsd to fhe aums secured by this Qeed ut Tru3t,w�th
<br /> tfie�xcess,il any,paid to 8o�ro�re�.In the ev�nt ot e pawtiei tr�kin�of the Property,unlesa Borrower and lender otherwlse
<br /> ' `' eprM in wffdn�,ther�shall b��ppliecl to Me�ums ascu�d Dy Mis�s�d of Truut such proportion of the proceeda a�ia equel to
<br /> , �� Matprop�rtionwhichthaamountolthesumss�cur�dbyti�is[leedotTfustimmsdiate�ypriortathedateoftekinpbearstott�e
<br /> ` Mlr,�erke!valw of!hs pro�ry�mmedlaNly polor b tha da1Q ot fakIn�,with fha bul�nce ot Me proceed�psid ta Bar�owar.
<br /> 1�fM Pro��ry ta�ab�r►doned by Barrowsr.ur it,�ftar notice by Lsnd�r to Bo�rowe�that tl�e condemnor offen ta make an
<br /> - �: awa�d or s�tq�a ctalm ta tl�mp�s.Borrawer hils to r�spoM!to Lend�r wlthln 30 daya efter the date such notic�is mailad,
<br /> - �ar�df►Is�utAo�ized to coltect enti appty Me procead�r„�t l�ndee's aptton,elther to reatoration or repair of the Property or td
<br /> . ths�ums s�cured by this Dsed of 7ius� • f
<br /> nisas L.s�det ahd Borrowar otherwlse Q��ee ln writin�,any auch applicatic►n ot proceeds to principa I shal I notextend or
<br /> ; � s the due da4s of Me monthly inatallmenta�eis�rec�to iA pa�ag�Nphs 1 end 2 hereqt or chAnge the amount of such •
<br /> inslNtmsr►ts. • .
<br /> ' �towMNotll�d.ExtenaionofltsaNptsfOrpiymehtormo�ifiGationofamortizationofthesumssecuredbyth:s
<br /> of Trus!prsni�d by L�ndsr to any succss�w�in inteteet of 8o�rowe�shaii not operate to refease, in any menner,the
<br /> liabiliry of the o�inal Bo►rowar artd Bonowe►'a succssaoro i nteresL Lender shall not be required to com mence p�aceeding�
<br /> 3 �ainat wch sucassso►or�eiues to exNnd time fo�payment or otherwlae modity amortlzatio�of the auma secured by this
<br /> Oeed of Trust by�eesan ot any demand mad�by ths orl�inal Bor�owe►and Bo�rower'�successors in interest.
<br /> 11• Fo�'O�aec�b�r LtedK Not s Walw�.Any torbearanCe by Lender in exercising any ri�ht or remedy hereunder,or
<br /> otherwl�afford�d by applicaDle law.ahall not bs a waiver of or praclude the exe�ciaa ot any such right or remedy.The
<br /> procur�menS of inaurance of thepayment of taxes or other liens o�char�es by Lende�shall not be a waiver ot Lende�'s�ight to
<br /> accelerats the mahuiry of the indsbted�ss�aecured by thla Deed of T�uat
<br /> , lZ. R�dIM CwnWWv�All�emedies provided ln this Deed of T�uat are distlnct and cumulative to any other right or
<br /> �emedy unde►thi� Deed of Trust or eflorded by law or equiry, and may be exercised concurrent�y. independentiy o�
<br /> . succsaalvely.
<br /> ��• �cC�o+s a�d AsN�s 6ound:Jotni and 8wua1 L�aWiiry; Capliom. The covenants and agreement� herein
<br /> contained shall bind.and the ri�hb hereunder�hall inu�e to,the re�pective successors and assigns of Le�der and Bor�awe�,
<br /> subject to the provisiona of parayraph 17 heseof.All covenanb and agreemenb of Borrower ahall be Jojnt and several.The
<br /> Captio�a end headin��01 the pareg�aph�oi this Qeed oiTrust are fo�convenienCe only and are not to be used to interp�etor
<br /> define the provlsbns hereoi.
<br /> 1�. Notic�.Exceptio�any�otice�equired under appHcable law to begive�in anothermanne►,(a)any noticeto Borrower
<br /> providedtorinthis0eedofTrustahallbegive�bymailin suchnoticebycertifiedmailaddressedtoBorrawerattheProperty
<br /> Address or at such othe►addrea�as 6orrower may des�pnate by notice to lender as provided herein,and(b)any notice to
<br /> lender ahall be iven by ceRified mail.return receipt reque�tsd,to Lender's address stated herein or to such other addressas
<br /> �e�dsr maY d�g�ale Dy noticeto BoROweraa p�ovided herein.Any nofice provided for in thls Oeed of Trust shalt be deemed
<br /> to have bs�n�ivst�to 8orrower or Lendsr when�iven irt tt►C manner designated herein. •
<br /> 1S. Unlla�DMd W Ttwl;Gov�e�in�Law;S�vKabMlY The form o!deed of trust combines unitorm coLena�ts tor
<br /> national uae and non-uniform covenanb with limited variations by Jurisdictlon to constitute a unitorm securiry instrumert4
<br /> coverin�real prape►ty.This Deed of Truat ahall be govemed 6y the law o!the jurlsdiction tn which the Properry is located.ln
<br /> the event that any pcovlsion or ctause of thie�eed of Trust or the IVCte contiicts with applicable law,such conflict shati not
<br /> aftect oMer provislonsoithis Deed of Truat or the Note which can be given eff�ct without the conflictins�provisions.and to this
<br /> ena ii�e�xovi�Ioux oi ine t3eeci oi�rust and tf�e Note are dectaretl to be severable. ° "
<br /> 1 d• BorrowK's Copy.Borrowe�shall be furnlshed a co�formed copy of the Note and of this Deed of 7rust af the time of
<br /> �;,�r••..s�r.z ar alw::�sd�fi:.: ~ t. -
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<br /> 17• Tw�iK oi ih�Prop�rty;A�Wn.lf all or any part o!the property or an interest therein is sold or transferred by
<br /> Borrower without Lende�'s ptior wrill�n co?+aen��excluding(a)the creation of a lien or encumbrance subordinate to this Deec!
<br /> of Trust,(b)the crestion of a purchase mon��ecNrit�i�toNest tor household appUances.(c)a transfer by devise descent or by '
<br /> operation of{aw upon the deith ofa jofnt�dtrent Or(d)the grentoi any leasehold interest of three years or less not containing aR �
<br /> optiort W purchase,Lender may,at Ler�de►'�option,deClareet!the sums secured by this�eed of Trust to Ce imrreecliately due ;�
<br /> and pay�bis.Lender shall have wAived such option to accelerate if,p�ior to the sale or transfer,Lender and the person to
<br /> whom tAe Props�ty ia to be sold or transferred�each apreement in w►eting that the credit af sucb person is satisfactory tv Y
<br /> Lander and that the f�terest payable on the�ums secured by this Deed ot Trust shall ba at such rate as Len der shall request.If �
<br /> lender has waived the option to acCelerate provlded in this paragraph 17,and if Borrower's successor in interest has �
<br /> executed e w►itten assumpNon agreemenf accepted in writing by Lender.Lender shall release Bo�rower from alt obligations !
<br /> under this Oeed of Trust and the Note. ,
<br /> tt Lender exercisss auch option to accelerate, Lender shall mail Borrower notice of acceleration m accordance with �
<br /> para9raph 14 hereot Such notice shall provide a period of not less than 30 days from the date the notice is mailed within w h�ch
<br /> Borrower may psy the auma declared due.tf Borrower fails to pay such sums prior to the expiration o1 such period,Lender �
<br /> may.wiMout turther notice or demand on Bonower,invoke any remedies perm�tted by paragraph 18 hereof. �
<br /> NON-UNIFORM COVENANTS.Sorrow�r and L�ndK huthK covMS�l and a�rN as folbws:
<br /> 9!. AceNKation;R�m�di�s.Except as provided in paragraph 17 hereof,upon Borrower's breach ai sny covenant or
<br /> agreement oi Borrower in this Deed ot Trust,including the covenants to pay when due any sums secured by this Deed o}TrusG
<br /> Lender prior to acceferation shall mail notice to Borrower as provided in paragraph 14 hereof specitying:(1)the breach;(2)the
<br /> action required to cure such breaCh;(3)a date,not less than 30 days from the date the notice is ma�led to Borrower,by which
<br /> such breach must be cured;and(4)that failure to cure such breach on or before the date specified in the notice may result in
<br /> accelerabon of the sums secured by this Deed of Trustand sale oi the Properry.The notice shall further inform Borrower of the
<br /> �ight to�einstate after acceleretion and the right to bring a court action to assert the�vn-existence of a default or any other
<br /> detense af Borrowerto BCCeleration and sale.lf the breach is not cured on or betore the date specified in the notice,Lenderat
<br /> Lendet's option may declare all of the sums aecured by this Oeed o1 Trust to be immediately due a�d payabte without further
<br /> demand and may invoke the power ot aate and any other remedies permitted by applicabie Iaw.Lender shalf be entitf�to
<br /> coltectatl rsasonable coats and expenses incurred in pursuing the remedies provided in the paragreph t 8,irtcluding,but not
<br /> iimite�P tv.reasonable attort�ey'S fee9.
<br /> tt tt�c�ow�nf 4w1�+i�inM�4.,�.T���stee 3h?!1�tu:�r�i 2 RC+tiCe i+t dsf8;tlt in s8�h C�1t�;in:�hi�h the pra��rly c:sarr,��art
<br /> thereof is locatedand shall mait copies ot such notice in themanner prescribed by appticabte law to Borrower and to the other
<br /> persons prescribsd by applicable law.Aiter the lapse ot auch time as may be required by appticable law,Trustee shall give
<br /> public notice of se{e to the persuns and in the manrter prescribed by applicabte►aw.Trustee,without demand on Borrower,
<br /> shallaellthePropertyatpublicaucdontothehighestbidderatthetimeandplaceandunderthetermsdesignatedinthenotice
<br /> of sale in one or more percels and in sucA order as Trustee rnay determine.Trustee may postpone sale o1 all or any parcel of ' - --
<br /> the P�operty by public announcement et the time and place of any previoucly scheduled sale.Lender or Lender's desi�t�ee '
<br /> msy�urchsss ths�ra�y a�siy sate.
<br /> Upon feceipt of paymentof the price bid,Trustee shall deliver tothe pu�ct�aser Trustee's deed conveying the Property sold
<br /> The recitals in theTrustee'sdeed shal�be prima facieevidence of the truth olthe statements made therein.Trustee shall apply
<br /> the proceeds of the sale in the toltowing ordec:(a)to aIl reasonable costs and expenses ot the sale,includ�ng,but not limited to,
<br /> Trustee's fees of not more than 46 of the gro�s sale price,reasonable attorney's te�sand costs ot t�t1e evidence:
<br /> (b)to all sums secured by this Deed of Trusx and(a)the excess,�t any,to the person or perso�s lagally ent�tled thereto. «�
<br /> 19. Bonnw�►'s Rtphl b R�insfsN.Notwithstanding Lender's acceteration o!the sums secured by th�s Deed of Tr�si, �
<br /> � Borrowershallhavetherighttohaveanyp�ocsedingsbegunbyLendertoentorcetheDeedolTrustdiscont�nuedatanyt�me �
<br /> prior to the earlier to occur ot(i)the fifth day before the sale of the Properry pursuant to the power�f sale conta�ned�n the Deed �
<br /> of Trust(ii)entiy oi a judgment entorcing this Daed ot Trust�I:(a)Borrower pays Lender all sums wh�ch wouid be than due �
<br /> under this Daed of Trust,th�e IVote and notes&ecuring Future Advances,�f any, had r�n acceleration occured(b)Borrower �p
<br /> cures all breaches ot any other covenants or agreements of Borrower canta�ned�n th�s Deed of Trust (c►Borrower pays an u�i
<br /> reasonableexp8nsesincurredbyLenderandTrusteeentprcmr�thecovenantsandagreementso}Borrowerconta�nedinth�s � .
<br /> Deed of Trustandin enforcing Lender'sand Trustee's remedies as providedm p�tragraph 16 hereof.inciud�ng,but nut limited
<br /> to,teasona�le attorney's fees:and(d)Bonower t8kes such act�on as Londer may reasonably reauue to ass�.�re that the i�en ol �
<br /> this DeHd Of l�rust.Lender's infC:vst in!ho Props:t}r and Garro�ver's obt�yei�vn tu pay the sums sECUred by rn�s Dee�ot t�c,51
<br /> shall conhnue unimp�ired.Upon such pa�ment and cure by Sorrower.th�s Deed ot Tru51;-ind the�b��g�ho���sec•,rf•�n,.rf•t,�
<br /> shall remair+m full force and effect as�f no accelerahon had occ urred
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