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<br />9 Comet aatioa. The proceeds of any award or claim for damages. direct or consequential, in conneco May
<br />condemnation or other takias of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a total taking f the Property, the proceeds shall be applied to :be sums secured by this Deed of Trust.
<br />with the text ess. if any, paid to grower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Deed of Trust such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of tilting, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to matte
<br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply the prromds, at Lender's option. either to restoration or repair of the
<br />Property or to the sutras secured by this Deed of Trust.
<br />Un1cm Lender and Borrower otherwise agars in writing, any such application of proceeds to principal shall not extend
<br />or pottpvcd -_.tile due date of the monthly instalTrt.rts tv. t red to in paragraphs I and 2 hereof or change the amount of
<br />such ink.
<br />it. iYe! Rdaanaer. Extension of the tutee .c: payment or modification of amortization of the sums secured
<br />• ::,. by this Deed o Th*t i*ttred by Lender to any s; m=ssor in interest of Borrower shall not operate to release, in any manner.
<br />the Lability of the 31 Borrower and Borrower's successors in interest. Lender shall not be- required to commence
<br />proceeding: apinst std successor . or refuse to extend time for payment or otherwise modify �rtization of the sums
<br />secured by this Deed of Trust by reitson of any demand made by the original Borrower and Borrawer s successors in interest.
<br />11. Forbearance by [.ender :tot a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall nel be a waiver of or preclude the exec: of any such right or remedy.
<br />The procurement of itrturance or the payment Qt- toes or other liens or charges by Lende., shYl no., be a waiver of Lender's
<br />right to.secelente the maturity of the indebtedness secured by this Deed of Trust.
<br />IL Remedies Csuialise. All remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remain =under this Deed of Trust or afforded by law or equity. and may be exercised concurrently. independently or
<br />surccemi+�y.
<br />13. 5occestaors and Amips Bound; loiult mad SeferM T,3all r, Captions. The covenants and agreen^^u,..s herein
<br />contained shall bind; and the rights hereunder si jt'J inure -m, ;t:z respective successors and assigns of Lender and Borrower..
<br />subject to ti>to provisoes of paragraph 17 hereof. All covenants and agreements of Borrower sb; -'.i be joint and smeml.
<br />The captions and wings of the paragraphs of this Deed of Trust are for convenience only and are not to be used to.
<br />interpret im. define the provisions hereof.
<br />H,it, . Norm ee. Except for any notice required under applicable law to be given in another manner. (a) am, notice to
<br />Borroi� winvided for in this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at
<br />the Prv*rty Addrtu or at such other address as Borrower may, designate by notice to Lends r.;m providr..i herein, and
<br />(B) any notice td Ltmkr shall be given by ceM-'I d. mail, return receipt requested, to Lender's art 2rry� statei:..herein or to
<br />such other address `= Leader may designate ..trJeid a to Harr 'awet .zs provided herein. Any nc :' .r �rovidt d for in this
<br />Deed of Tnnt shall be deemed to have been given to Borrower ea .t6jcr when given in the manner designated herein.
<br />ig. • Vaifom Deed of Trust; Coveuraft Law; Seversbui ;- •;l: -cis form of deed of trust combines uniform covenants for
<br />natiortihll ki3e and nonuniform covenants with limited variatlrm; try" jurisdiction to constitute a uniform security instrument
<br />covering real property. ibis Deed of Trust shall he governed by the law of the jurisdiction in which the Property is locatt. -J.
<br />In the event that any provision or clause of this Deed of Trust or the Kor.conflicts with applicable law, such conflict shall
<br />not affect other provisions of this Deed of Trust or the Note which mu. t;r; given effect without the conflicting provision.
<br />and to this and the provisions of the Deed of Trust and the Note are dad;rred to be severable.
<br />1f. Mrtoweele Copy. Borrower shall be furnished a conformed copy of the Note anti of this Deed of Trust at the time
<br />of execution or after recordation hereof.
<br />17. Tauter of the twenty; Assumption. If all or any part of the Property or air. inftz' nest therein is sold or transfeh•e:i
<br />by Borrower without benders prior written consent, excluding (a) the creation of a lien or eximumbrana^ su lonlinama to
<br />this Deed of Trust, lb) the creation of a urcbaae.rnoney security interest for household applianem (t:i a transfer by devise.
<br />descent or by operation of law upon the death ol a•roint tenant or (d) the grant of any feasehold Intu .rit of throe year!: or less
<br />not containini an option to purchase, lender ma's, at l ender s option, declare all the suns secured by-thli Died of •Trust to be
<br />immedioidly dux and payable. l.endcr shall have waived such option to accelerate if, prior to the sale or tioruNr. Lender
<br />and the- Va.son to whom the Property is to he sold or trartq.'r.red reach agreement in writing that the cradiliof iuch person
<br />is satisfactory to lender and that the interest payable on the sums secured by this Decd of Must shal1111e at such rate as
<br />Lender shall request. if lender has waived the onion to accelerate provided in this, paragraph 17, an.i if, Borrower's successor
<br />in interest has executed a written assumption alrfczaent accepted in writing by Lender, L.endeT stu.11irelease Borrower from
<br />all obliptions under this Deed of Trust and the, Note.
<br />if Lender exercises such option to accelerate. Lender shall mail Borrower notior of acceti:ration in accordance with
<br />paragraph 14 hereof. Such notice shall provide a period of not less than 30 days from, the date the notice is mailed within
<br />which Borrower may pay the sums declared duc. if Borrower fails to pay such sums'pnor to the expiration of such period.
<br />Lender may, without further notice or demand on Borrower, invoke any remedies permitted by paragraph 18 hereof.
<br />NntvUratt:oats CovFmtars. Elorro es - -rcd Lender further covenant and agree o follows:
<br />Is. Acceleration; Remediar. Es -wept ass provided In paragraph 17 hereof. upon Borrower's breach of any covenant or
<br />sgmewae of Borrower in this Vkarl of 'Trust. including the covenants to pay when due any sums secured by this Deed
<br />of Truest. Leader prior to acec4raliour shalt mail notice to SwroMer as ptroHded in paragraph 14 hereof specifying: (1) the
<br />beeaeb; (2) the actioat required to care such breach; (3) a date. not Itss than 30 days from the date the notice h mailed to
<br />Batrawer. by which such breach mot be "red; and (4) that failure to cure sack breach on or before the date specified
<br />In Ike ssotke may remelt in acceleration of The sums secured by this Deed of Trost and sale of the Property. The notice
<br />Who further IiWeras iartrower of the right tit reinstate after :ccekrstton and the right to bring a court action to steer!
<br />the non4aiNcnce of a defatsk or any other dlefease of Borrower to acceleration ind sate. If the branch h aot cured
<br />on or before the date speckled In the aolke. Leader at Lender's option may declmt an of the sums seem" by thLs Deed
<br />of Trot to be Insaedimely rise and payable wilbost farther demand and may invoke fife {Tower of sale and any other remedies
<br />permitted by applicable law. Lender shall be entitled to collect all reasonable costs and expenses Incurred in pursuing the
<br />remedies provided is that paragraph IL includift. but not limited to. reasonable nHoraey's fees.
<br />If the power of sae is Invoked. Traste , shah record a notice of default in each county in which the Property or some
<br />W thereoff is iacsted and MM nsso cepies of such nonce in the manner prescribed by applicable law to Borrower sod to the
<br />other persons prescribed by applicable law. After the lapse of such time as may be required by applicable law. Trustee shall
<br />give ptsbuir seNce of sale to the persons aM in the manner prescribed by applicable law. "Trustee. without resnaad on
<br />Bortswer, 40 no the Progeny at public auction to the highest bidder at the time and place and under the terms decittnated
<br />In the notice of sate In one or asore parcels and In such order as Trustee may determine. Trustee may postpone sale of all
<br />or any parcel of the D'rreperty by pvmk announcement at the time and place of any previously scheduled sale. Lender or
<br />toir" Wit; desiinee away prrchne the Properly at asy gale.
<br />Upon receipt of pie meat of the price bid. Trustee shall deliver to the purchaser Trustees deed conve)Ing the Property
<br />said. The redtah in the Tndce's deed shah be prima facie evidence of the truth of the statements made therein. Trustee
<br />IW apply The proceeds of the safe In the following or de : Is) to all rrasorlaMe cats and etlpenws of the safe. including. but
<br />MA limited so, Trade! k, Guts of not more than 1 •iii ,cif the Bross sale price. reasonable attorney's feev and cost% of
<br />i::le rr1'wa;ia:r; { :1 i.. il::iiriri wit iiid 4 IMP Di d 6 ifi:+i: and ici t: r czcc;-s H arc}. tr, ei: p mi;r. as poroas Rally tatitty -d
<br />lhttreb. '
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<br />HvIFLlvrer shall haze the tight it.) have Jnt preaerJrng, h.-zlitt ty I credo CM. t,c the, lI t• I t•) 11 -w ,lt,. alit fitted a•
<br />airy time pru,t t Oil thc Caricer its c.•tr_ur 4.1 its thr fifth eta} h0,,.c Nei ;ale0 th; I't,TcII t plIIs!!a1 r 1„ the p'•,•.,k:r of t•at: „••ut,,n..t
<br />ur th{s11. t .I of 1rur.re r ltrscntry edu Ittdgmcrtt Cnf: r. mg the_ Ihc, +, t �raat rt tit H.•ctoetier ran%• 1 cn.1 :r :d stint,- ahr,lr te,•:,I,►
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