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89- 143692
<br />t. Condemnation. The proceeds of any award or claim for damages, direct or Consequential. in connection with any
<br />condemnation or other taking) cif (tie Property. or part thereof. or for conveyance in Nett of condemnation, are hereby assigned
<br />and shah be paid to Lender.
<br />In fist evenl of s total taking of the Property. the proceeds shell be applied to the sums secured by this Deed ol Trust, with
<br />the excess. it any, paid to Borrower. In tho owl of a I taking of 1M Property, unless Borrower and Lender otlherwise
<br />agree in writing, there shall be applied to the sums sect teas i3ded of Trust such proportion dIM prof eem as Is 0" to
<br />that proportion which the amount of the sums secured rig N+is Dead of Trust immediately prior to the date of taking bears blhe
<br />fair market value of the property if wrhediatstly prior to A dits of taking, with the a W66o of the proceeds paid to DwrowK.
<br />M Mo Property, is abandoned by Borrower, or If, after notice by Lender to Borrower that the condemnor offers to make an
<br />award or $e1Me a claim for damages, Borrower fails to respond to Lenderwithin 30 days after the date such notice y railed.
<br />Lender is authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair of" or to
<br />1M sums secured by this Deed of Trust
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend or
<br />postpone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of such
<br />i
<br />10. Basil raalm Not Weleseed. Extension ofthe times for payment or modification ofarn rtltationofthe sumssecuredbyOtis
<br />[teed of Trust granted by lender to any successor In Interest of Borrower shall not epetate to reieass; in any manner, this
<br />liability of the original Borrower and Borrower's successors interest. Lenderr shall not be re"Iredto corhmence procoed�rhgs
<br />against such successor or refuse to extend time for payment or otherwise modify amortization of the sums secured by this
<br />Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in Interest
<br />11. Ferbovence by Lender Nita Waiver. Any for0owss ce by Lender in exercising any right orremedy, hereunder, or .
<br />otherwise eft0od by applicable law, shall W bo a woivesr pf or preclude the exercise of any suth right or comedy. The
<br />procuromac*o1imuirame of the payment of taxes oc other lions or chargeis" Lender shall not be AwWwof Lendoes !lo
<br />acceloraM tlhe matur4W of the indebodness secrtvnsd by this deed of Trust.
<br />12, 1lsfasM P CWnubVve All remodies provided in this Deed of Trusuare distinct and cumulative to any other right or
<br />remedy wuftr this -Deed of Trust or afforded by taw or eq Ldty, and may be exercised concurrently, independently or
<br />13. fini meesars acrd Bound; Joint and Several Llablkfyr Cahptloris. The covenants and agreements herein
<br />contained shaft bind, "the rights hereunder shall inure to, the respective; "ccessom andassigns of Lender and Borrower.
<br />subJacf to the provislotts of paragraph 17 hereof. All covenants and agreements of Borrower shall be joint and several. The
<br />captions and headings of the paragraphs of this Deed of Trust are for convenience only and are not to be used to interpret or
<br />define Wise provisions hereof.
<br />'14. tl0111c .Except for any notice required undw applicable law to be given in another manner. (a) any notim to Borrower
<br />provided W in this Deed of Trust shall be given by mailing such nonce by certified mail addressed to Borrower at the Property
<br />Addis or at such other address as Borrower may designate by notice to Lender as provided here and (b) any notice to
<br />lender shall bogiv�embycertified mail. return reca+ept le, requested. to Lender's address stated herein ortostich otter addressas
<br />Lenderrnaydesigrretebynoticiale otroweras0ovidedherein. Anynoticeprovidedforinthist )sed+zfirrust"Ibedeemed '
<br />to have batontAW,Wn given in the manner designated herein.
<br />IL Urttlstjo , SoverablNy The form of deed of Inist combines uniform covenants for
<br />national rusersn limited variations by jurisdictiart- to-consfiit ute a uniform security instrument
<br />covering rem pr be governed by the law of m'r�e'jw►tscf eWn in which the Property is located. In
<br />is everts roes my vi wow of r rust or me wove camiicm-witn applicaft law. such canilw atfitfttlot
<br />aftectolherprovi i Note which can be given effect withouttheconflicting provisions, andtothis
<br />end the provisions Note are declared to be severable.
<br />111111. Banwrer'a shernished a conformed copy o4 the Note and of this Deed of Trust e+Pl;het time of
<br />execution or after . `a -
<br />17. Tlarutstrotis)t , it 911 or any part of me property or an interest therein is sold or trairi0mirred by
<br />Bwroww without tsrtzhlr nsartt. excluding( a) the creationofal ion orencumbrart asubordinatetothisDow,
<br />of Trust.( b) the creeAltaofa siMstly interest for household appliances. ( c) atranslei rlt�prdevisodeacergorby'•.
<br />operation of low upoattm4oeith of a Joint tsnarita r.f4)tfhe grant of any Naselold interim of three ysers or Miss not eonlMrhing an
<br />option b purchase, Leirtder may, a leirtder's opabicn; declare all the sums secured by this Heed of Trust b be imrftediaMty due
<br />and payable. Lender 4iheO ham.itssllveyri such o9bon b 41"Wa tie if, prior b OW eaNi'c>+ "naler, Lander and b
<br />whom the Property is to bs salt! �IrfranslerrKy rMOtt agrAt in writing shat the crsldit of such person is b _ .
<br />Lender and thel the W payaMs on the swmt ;siecurad by this Deed of 3kt�t shall be at such rate as Lender shah request. If,
<br />Lender has waived OA9 option to accelerate ;w t clod in this paragrapt, :!1, and if Borrower's successor in Interest has•
<br />executed a written assrlemption agreement accepted in writing by Lender tender shell release Borrowwfrom all obligatiorhs,
<br />under this Deed of Trust and the Note. 1 ,
<br />If Lender exercises such option to accelerate. Lender Awill mail Borrower notice of acceleration in acc"r o with
<br />paragraph 14 hereof. Such notice shall provide a period of not lessthan 304ayA from the datethe notice is mailed wllhin which
<br />Borrower may pay the s.:ms declared due. If Borrower fails to pay such samsprior to the expiration of such period. Lender
<br />may, without further raee or demand on Borrower, invoke any remodiespitr Miled by paragraph 18 hereof.
<br />MON•UMFORM COVENANTS Borrower and Lender furVm covenant and agree as lotbws:
<br />tt. AmolwalWo; Romodies. trxcept as provided in paragraph 17 hereof, upon 9arowees, breach of any covenant or
<br />agreementof Borrower in this Deedof Trust, including the covenantsto pay when dueserysums secured by this DaMof Trust,
<br />Lender prior to acceleration shall maii notice to Swoweras provided in paragraph 14 hereof specifying: (1) the breach; (2) the
<br />action required to cure such breach; (3) a dank; rust less than 30 days trom.ttnat dais the notice is maiiedto Borrower, by which
<br />such breach must ba cured; and (4) that failure noctxe such breach on orlxeftre the date specified in the notice may result in
<br />accNeration of the sums secured by ettis Deed of Trustand sale of the Property. The notice shall further inform Borrower of the .
<br />right b reinstate alter accokwalion and the right to bring a ramol action to assert the non-existence of a default of any otter
<br />. f anae: 160frowwtoicceslerawnandWe. 0ihabrewh. Isnot. curedonor (beforethodaMspeG6edinihenofi *,LWWW#t
<br />Lender's option may declare all of fife sums secured by this 17 God of Trustta be wnMetka>bsiyy due and payable without further
<br />dsmutd and may invoke the power of sail and any other 1'ernel kos per►tdlMad bar applicable law. Lander WWI be entitled to
<br />COMeCt all roaewhab -- and expwwm inCurred in pursuing Vw romedkwprovkmd in the paragraph 18, inctudkV but not
<br />iintiled lo. remoono e a lose.
<br />If the power of sale is invoked. Trustee shall record a notice of default in each county in which the Property or some part
<br />thereof is located and shall marl capft of such notice in the mariner prescribed by applicable law to Borrower and lo the other
<br />persons prescribed by applicable law. After the lapse of such time as maybe required by applicable law, Trusme shall give
<br />public rotit:e of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower,
<br />atoll Veil the Propertysit public auction totrhe highest bidder anise timeandplace and under theterms designated in the notice
<br />of sale in one or more parcels and in such ordw as Trustee may determine. Trustee may postpone sale of all or any porch of
<br />the Propertyy ppubu �t at the time and place of any previously scheduled sale. Lender or Lender's designee
<br />may pun Property at any sala_
<br />Upon foceso cif peyn»rtt 0 the price bid. Trusioe shall deliver to the pu rci aser Trustee's deed conveying the Property sold.
<br />The recitals in tike Tr m"O's deed WWI be prima facie 9-Mence of the Mirth of the siaiements made therein. Trustee shall apply
<br />111106)(000 Oft of the sale in fife following order (a) to all rerssonabl* costs and expenses of the sale, including, but not limited to,
<br />Trt~sfsesof not more W4bn. - _ %of Me gross sale price. reasonabie attorney's fees and costs oftMeevidence;
<br />(b) fd ate 0.00 secured let► this Dead of Trust and (c) the excess, it any. to Ove per sort or persons Bally entitled thateito
<br />1t1. Derrsw ate
<br />0 FAVM M fisho . Notwilhslsnding Lender's acceleration of the sums secured by this Deed of Trust
<br />tfonowwO Mhew errighttohaveanyproceedingsbegunbylendertoenforcethei) eedofTrustdiscontinuedatanytime
<br />pnor b IM serhar lo occ ux of ()) fhe Mtn day boloro the sale of Me Property pursuant to the bower of We contained t n the Deed
<br />of Trust (is) entry of a i{adgment enforcing this Dead of Trust d• (a) Borrower pays Lender all sums wMch would be then due
<br />under this Deed of Trust. ire f4ote and noses secuitog Future Advances. if any, had no acce'eiait)on occured (b) Borrower
<br />curie all breaches of any c4hor t o~ants or antopmants M Porrower rnntatneA in "t: s. Vee,'1 of Trr -tst !c! 1?0lrC!�e! pay!! @It
<br />rbafOtiablea�pe►• i#3 incurred by Lender and Trusteeertfutc(ngfhe Gt3�NnantS6nyag7reerrentso? &-mower contained to tht9
<br />C3WJrV Trust and teMnictngl. ender% and Trustee sremediesA! pray• ded, nparagraph1gfherw ,f,r[:;.drttlttutnot;an)le(l
<br />( . lCti+ �Jnati' eJ` tf3' ltflySfDtTr3and N) W;r,r 4 wet t4 keg such Act, onasLender thp1:0"of
<br />`• h) U'dC*.! fit Tt..;,t ; ( °r.18! fi •�[ter�3t +e) ttrp i "rGlrelty ai)rJ (jprrOW"r t; ��'•r�c,hun l'r (��ii rlt(7'.u)t' ": SPi t,tca ;;y ".•; r!,'ttJ (et TtuFd
<br />.1•. F4:•'✓ ri' tl•• tC....• '.t.:l7rJ'..r,;:)nSurhr;;4Vr "e% tand rtlleIi yf�U Ito oVel r,[ °I.-I,tl "c r v,cby
<br />tit 'S 01e. r n2 ! cu au,.Ceatt.:,) hall (r:.'. tit rel
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