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r <br />Cmde ee■Misee, The proceeds of any award or claim for damages, direct or consequential, in connection with arty. <br />modem mina or slier taking of the Propstty. or part thereof, or for conveyance in liens of condemnation, are hereby stxalpoAd <br />and shall be paid to Leader, <br />La the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Dead of Twist. <br />with tie tutcaai, if any, paid to B01TOw9r. In this event of a partial taking of the Property, unlace Borrower and 'Conder <br />tlthsswise agree in writing, there shall be applied to the sums secured by this Deed of Truitt such proportion of the prrftGeeth <br />as IssPW to that proportion which the amount of the suits secured by this Deed of That immediately prior to thol date of <br />tWU" hears to the fair market value of the Property immediately prior to the date of taking, with the balance of tiro pfftoceeib <br />paid b Borrower. <br />N d* arty is abandoned by Borrower, or if. after notice by Lender to Borrower that the condemnor offem to make <br />an awned err;settle a claim for damages. Borrower fails to respond to Lender within 36 days after the date such notice is <br />Pft eat Loader is authorized to collect and apply the . at Letdees option, either to restoration or rep Air of the <br />L�rppis_M or to the suers selcured by.dbls Deed of Trot. <br />Went bender and Borrower otherwise agree in writing, any such application of proceeds to principal shall nOii extend <br />oasecpwtpoae the due date Ott& monthly installments referred to in paragraphs 1 and 2 hereof or changa the amount of <br />hiss lit. One e Mid 1ReMnwi Extension of the time for payment or madif cation of amortization of the runts secured <br />bry'this Dsad of li aat paaoed by Lender to any sutxasor in interest of Borrower shall not openers to release, in. altlr manner, <br />this hiiaWiity. of., the origiad Borrower and Borrott es successors in interest. Leader shall not be <br />required ta•tommetace <br />process flap agsiaet nscbl.t sc•caaaor or refuse to extend time for payment or otherwise modify amortization: at the sums <br />marred by this Meted, of.7h at by reason of any demand made by the original Borrower and Borrower's succt min in interest. <br />11. Ilraebs raacaby Leader Not a WxIv r. Any forbearance by L brio in exercising any right or. remoft,hQmunder, or <br />otherwise aBoeded by applicable law. shall not be a waiver of or prod" the exercise of any such. tioltWer remedy. <br />This procurement: of insurance or the payment of taxes or other Gene or charges by Lender shall not. he a waiver of Under 's <br />riot to aooeterale the maturity of the indebtednes sectued by this Deed of Trust. <br />IL iReaaisrCesedrfira All remedies provided in this Dad of Trust are distinct and cumitlptiva td.siny other right <br />or naf!dy under this Deed of Twat or afforded by law or equity. and may be exambed conaxntmn411I. hidependently or <br />13. sad A=%M >taia>atb grist need Stied I6ttiify; Captions, This caveitnuts:.taxA agreements herein <br />contained shall bind, and the rights bereunder shall inure to. the respective successom and; t IMe":d" Lender and Borrower. <br />subject to the provision of prraQaph 17 hereof. All covenants and agreements of be joint and several. <br />The Captious and heap of tba paragraphs of this Dad of Trust are for convenirrace only' and are not to be used to <br />interpret or deflse tie provisions hereof. <br />14 Node& Except for any notice required under applicable law to be given in another manner, (a) any notice to <br />Borrower provided for in this Deed of Tent shall be given by mailing such notice by certified mail addressed to Borrower at <br />the Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, and <br />(b) any notice to Lender shall be given by certified mail, ct bin receipt requested, to .finders adores stated h*r.cfo or to <br />such other address as Lender may designate by notice to. Drrritmer as provided herei -m. Any notice provided;: sir in this <br />Dad of Trust shalt be deemed to have been given to Wm .L or Lender when giv=en in the manner desrgnati:d herein. <br />lS, Uaiimsa L)etd of Teaih Ga�ahsa Li w;.,Sereellitjley. This form of dad of trust combines uniform covenants for <br />national use and non - uniform covenants wtt� limited iranitions by jur*sdiction to constitute a urdfc sin security instrument <br />covering real property. The Deed of Trust shad be� jlovemed by the law of the Wrisdictic� :sn:crWjz itre Property is located. <br />In the event that any provision or clause of this Deed of Trust or the Note the W10:;t&.IW.'h 0aw, such conflict shall <br />not affect other provisions of this Deed of Trust or the Note which can be iven effect witljrrut.. the conflicting provision. <br />and to this end the provisions of the Deed of Trust and the Note are declare to be severable. <br />ti, Swroww"s Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time <br />of execution or after recordation bereof. <br />17. Trandar of the 1tesparty; Assaapl es. If all or any part of the Property or an interest thca -d t is sold or transferred <br />by Borrower without Lenders prior written consent, excluding (a) the creation of a lien or enctlrbrance subordinate to <br />this Deed of Trum, (b) ft creation of a haze money wcuifty interest for household appliances, (e) a transfer by devise, <br />descent or by operation of law uppoon the dash of a joint tenagf: oar (d) the grant of any leasehold Interest of three years or less <br />not container an option to ppuurchase. Lender may. at Lender's option, declare all the sums secured by this Deed of Trust to be <br />immediatfe due and gyabk. Lender she!! have waived such option to accelerate if, prior to the ,sale or transfer. Lender <br />and this person to whom the Property is to be grid 0 transferr�rh resc!:.rte:metts in +rrritcr.— ;�Wi w,.F c:: It of Su. i1 moil <br />is satisfactory to Lessors and that the interest prryah' on the sums sCCUred by this Deed, r n s2 shall be at such me as <br />Lender shall request If Lender has waived cite Ggtion to accelerate provided an this pang *split 17, and if Borrower's successor <br />in interest has exetcuted a written asturn�rtlon agrament accepted in writing by Lender. Lender shall release Borrower from <br />all obligations stories this Deed of Trust and the Note. <br />If Lender exercises such option to accelerate, Linder shall mail Borrower notice of acceleration in accordance with <br />pa pit t4 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within <br />wh Borrower may pay the awn$ din F d due. if Borrower fails to pay such sums prior to the expiration of such period. <br />Lender may. without further notice or demand on Borrower, invoke any remedies permitted by paragraph 18 hersrf. <br />N(W- UNIFORM COVENANTS. Hoaawer and Lender furlhrr a3venant and agree as follows: <br />18. Aeteteradow; ataed I Ewepf s, provided Is paragraph 17 bereef, wpm Beerowtaes beach out my coveneet or <br />na ` go ewer is ebb Deed of Theit. tn�deeMeeR tbe' covenutas to pry when hat MAY snsa smeared, by tbb Deed <br />prior a sceekraftsa sired srtm(lt roller to >sarrawer an provided V psragnap i 14 b11rrIF aipeclfyh>g: (1) the <br />braaeiq (>j) lie tsefisa rgarirtd b celn rota i beeacil; (3) a bate, test lea tiaa 3t days te+sae tie dose else atelier h reeaHed N <br />So ii"tr by wbkb sack breacb inewle be cored; need (4) that tailars to cart seeeb Meaciu om or &-fare the date spet'a <br />is the notice assay vask tee aeeekrsWn of the seas "emend by ibis need of Trot aria "k of the hapeety. Tie notice <br />40 fiviber interim Bserawer of the right N eehwMe ate► acceleralists and the right to Meg a road acorn to sued <br />Se me'st sMace of a skim* Of any Nber def4we of Sorrewer to acceknOw and sale. It the. britorb is art cored <br />aw or before tie ate spetiied In the solke, Leader at L.endees opNm say decking err of the swat secured tbb deed <br />at Trent M be iauserialdlr doe sad poyabie "fellow tallier dtanaead sari my iRVOie the paver of mist iwrd any other rtmedies <br />ptz" b)r appikabk law. l.eilder *AN be entitled a caJlet j! afn reaao11abk coat Writ txpeares i'ncnlned in par log the <br />teseearas pnrided M ibis paragraph lei, ieeclodlag. bd not limned to. reasonable sttarntey's fees. <br />K tIt user of side is invoked. Truett star record a notice of defaitq is e h caattl is wbkb the Property or some <br />fiat Iberestr is <br />Walled aM giros malt copies of sacs aotke in the msiweer prescribed by a09111 "6e few to Borrower sod to the <br />4WMbar ptelmes pessctiMd by appieaYe law. After the hpa of sorb then as My- her irtd iy ffl& rb a law, Triestte a m <br />eeaMee of seek N Mae pensas treed In the miser, er petescrNed iy aaiiidee hw. Trusilee. witboaf demand on <br />Borrower, siaB'aei} fbe Itraptaty at ptabic aced" to "a btgiest bidder serf tie tine and place read ender the terms desytnated <br />be the oaks of ask is new or mare Gareth and In socb order m Tratee sway deteraabat. Tsetse nary postpose sale of all <br />K my parcel of the Fref f"" by pafilie 0008 M40 at the 111110 aaaat p�tace of any previously schedded wk. Leetder or <br />Rd's desIS I aeeay pea close the Pnperty o sissy ink. <br />2111K Irk raWfs i0 Pb �� Peke �Trmkv slat! deliver to the parcbaser Trustee's deed conveying the Property <br />ptthm tack evide11ce of the hvtb of the astirmats made therein. Trastee <br />slats aiptpty fbe Psace0fa N Mae sale le the taBotlieeg order, ter) to aB rtasoaabk cosh and espeum of the sake including. but <br />ON MsaiNd M. Truilittle IeOS of ON atiaare tlsaa of Ow lures sack pike. MANNaik atronicy's fees and costs of <br />I" k ad s:s>A:�.:3 � t� DetG eP tr rwbti; a,K fc) the cleem. it Rey. to "M person or penow legally entitled <br />It Bare»wet's RiRb1 fo'betak. Notwithstanding Lender *% acceleration vii the strmti secured by this Decd of f ru%t. <br />Borrower shall have the right to have any proceeding% hrgun by I ender 140 enforce this Med of Trusi drs.ont,nued at <br />any tint prior to the earlier to uccur of tot the fifth day before the ".1c of the Proireryy pursuant tr• the power of sale contained <br />rn this Mcd of Trutt or (11) entry of a judgment enforcing this Deed of Trust if tai Borrower payl. tender all sums which wnnid <br />N 1her: dui• tinder rhu: klml of Trim, the Note and esntes ,,scoring Future Advance._ if an}. h:td no accefererton ocwrrcd. <br />Ohl IkIrtower cruet all hreachc,. of any usher cuvertants t•r agrcements of Harrower cuntaincL in thrt fhet! ref TTuO <br />tcf IHrrroaer Viv% all r'eawnable expenses incurred by lender and Ttrsstec in enforcing the tp+enanis and agrecrricim of <br />BErrr..wrr k,!utamcd rn Ihis Mcd rd 'trust and in enfercing I v-o.tcr`c and Triw c, rentedirs .,% ptcvrdcd nr paragraph tK <br />ticrcol. ifitfrrdlni, test nut bnrded ht reasonable attorney'% fee% and (d) Hairruwcr takes %m: h a.l,on a+ f t refer n.:n rc.ruae :,hh' <br />rr{vtrc to across that the hrn its this dkerl r.f 'l rust. f axle►'; rnterof m the Properi ;,red N,ue,,;.,•r . rhh} -.stn rro I, p.is <br />