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<br /> I . ���� Y. Condsnu�adon.Ths prpceeds of an award or clalm lor damayes,direct ar consequenH�l,in eonnecUOn with any _c
<br /> � condemneUon ar other t�kiny of ths Proper�r,or p�A Ihvreot,or for ca►wyence in li�u o1 cond�mn�Uan,aro hvnby u�n�d
<br /> . � �nd shell bs paid to Lendsr. =..--
<br /> � r . In the event ot a total qkinp ol lha Property,the proceeds ehall be applietl to the sums secured by this O�sd of T�uat,wlth
<br /> the excasa,it any,paid to Borrower.ln the event ol a partfal taking o1 the Property.unless 9orrower And Lendsr otMrw��e
<br /> ° ;� apreo in writinp,there aha11 be applied to the aums socurHd bythis Deed of Trust such proportion ot theproceedsas 1s eqwl to !�`=°-- __,.�,.__� _
<br /> � thetpropartfonwhlchtheamountolthesums�ecuredbylhlsDsedolTruatimmediatalyptfortothedlrtealqikln9be�ntoth� ___ —
<br /> ' �� � � falr markat value of tha property immediately prior to the date of�kfnp,wIM t�e betencs ol the procesd�pald to Borrow�r. " —�-„_y����^r�
<br /> � U the Property Is ab�ndon6d by Borrower,or il,eRer notice by Lendar to 8orrower lhet the condemnor ofters to make an � �: • ,r-:. .,
<br /> • � ` � award or eettle a cleim for�mapes,Bo►rower lails to reapond to Lender wlthln 30 deya elter Ihs date such�atice is malled. . , � �:.:�..
<br /> ' l.ender is authorized to collect end epply the proceeds,at Lender's opdon,alther to restoratlon or npalr ol lhe Property or to ,�. F�_
<br /> , the sums aecured by thls Qeed ot Trw4 � -' ''"��"'�•<<F�
<br /> ' UntessLe�derand6orrowerotherwiseayreelnwridng,any suchappllcationolproceedstoprinafpalehallnotextendo� �_ ,#�,
<br /> oslpone lhe duo data o1 the monthly Installmenta relerred to in parapraphc/and 2 hereof or chenye the amount of such � • .. :-".°=4;�.�.�r_
<br /> P�s,�����. . �. :.....�..:�
<br /> t0. 8orrorwrNotA�Ns�d.Extenaianoflhetlmeforpaymentormodi11ca11onotamortizatlonoltheaumasocur�I�ylhis � ,.iy
<br /> � Oeecf af Truat granted by Lender to any succasaor ln I�tare�l ol8orrower ehell�ot operate to�elease.in any rm�.�e ,,, !
<br /> 'r,,t.•_._
<br /> . �;,.;,:. .., IIablUryottheoripinalBorrowerandBarrower'ssuccesso►sinterest.Lenderahallnotberequiredtocommencop�' s
<br /> ;:';,;.?�;��;i;��`, ageinst suah succeasor or retuse to extend tlme for peym�nt o�othervviae modlly amoNlzation of the sums sYCUr�d�?Y � ' � � ' �'t
<br /> , ;:�' i�}:��?�l;�,; Deed of Trusl by�eason o1 an demand mede b the oNpinal Borrower and Borrower's aucceasora in inter�st . , • —
<br /> . . "�'�"'.r 11, Fo�b���ec�by L�ndir Nol�Watr�r.Any forbearance by Lender in exerdefng any dpht or rem9dy�areunrdar,pr � ' , ;
<br /> � ;�•;�:.., ,�, � otherwlae allorded by applicable law,ahell not be a walver of or preclude tho exerciae of any such�igM or�am 7Ae ! :.
<br /> �.;.;��,., , procurement oi insurance o11he paymentot taxes or other liens or charges by Lender shall notbe e waiv�of len�ler's r htto t r��
<br /> �� r'�;%r.• ' accelerate the matu►ity ot Ihe Mdebtedness secured by this Deed of Trus4 � . �"`�:
<br /> • ��, ::•:��•� �.'� tZ. R«n�dlot CumulNlv�All remedles provlded�n Ihie Oeed o1 Trust are distinct and cumuletive to an ot�ar right or , _ _ _
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<br /> �emedy unde�thls Oaed al 7ruat or aftorded by law or equfry, ond mey be exercised concurrently,in ependet►dy or � �
<br /> succeaslvely. '
<br /> •�•��� � � ,� � 13. Suec�ason and Aalgns Bound;Jolnt and S�r�r�l WWllry; Captlons• The covenants and epreementa hereln � ��`
<br /> • •;� conteinedshallbfnd,andtherightshereundershallinureto,Ihereapec1wesucaessorsandaselgnsatLOnderandBorrower, ' -'��� _,��
<br /> ;�, . i.;. � aubject to the provisiona ol paragraph/7 hereot.All aovenents and agreementa of 9orrowe�ahaU be p��nt and sseveral.The •.
<br />•,�:,.•„ , captio�sandheadinpaoltheparagraphsofthleQeedotTruatareforconvenfenceonlya�darenottobeusedtointerp►alor `, . � S;��i��
<br /> deflne the provislons hereot. � '`
<br /> ����'�ti� � � � 14. Notic�.Exceptbr any notfce required under appllcable law to be glven In another manner,(a1 aa�y natice 70 8onower . '.,'.;.,';�-0-
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<br /> � ,_, providedforinthfsDeedofTruatahallbegWenbymalting such�oticebyceRiffedmaAeddressedto8o►roweratlhePropertl► ' : ;5%;;.;;�
<br /> Addresa or at sueh other edd�esa aa Borrower may deafpnate by notice to Lender es provlded herem,and(b)any noUce to r:�;,. �,_:.;, ,,::,, �
<br /> � � lender shell be glren by certllied mall,return recefpt requested,to Lender'seddress ateted herein or ta auch oth��adMese as •,,:�.. .:,; ,;
<br /> -- -_ - L�ndermsydeelQnetehy��tfcetoBorroweresprovldedberefn.AnynoticeprovfdedbrinthieDeedaiTruatahad�bedaemed I `;�:t'ti>�;;��.',;'� '
<br /> • to have been glven to Borrower or Lender when ylven In the manner deslgneted herein. ; ., .�•�,,• . �•
<br /> , . , � 15. Unffonn De�d of Trust;(iov�minp I.�w;Mv�r�btpqr. The form of deed ot truat combinas unftorm covanante fo� � �,..;�� . .';,
<br /> . nalionel use end non-uniform covenenls with limlted varialb�s by�uriadictton to conntftute e unilorrn aeaurity inst�ument '•"'. i;,:• ..•�T
<br /> � � � coverinp rtae praperiy.This Deed o1 Tnast ahall be�ovemed by 1he law ot the�urisdlctfon in which the Propetty Is located•In 1�;;•, :' " :
<br /> ' • � .:� t h e e v e rt t t h a 7 A n y p r o v l slon or clause otthis Deed of Trust or the td�le:.onflicts wlth appIlcable IaMr,such confllCt ehsll not
<br /> aMectothe�pravis�onsofthlBDeedolTroaslorlheNotewhlchcanb�e9ivaneHectwithoutthecons::;,u�gproviaior�s,andtothis ; ,;,:t���:�,��.
<br /> end the provlsiQns of the D�d of Trust anr�the Note ace dec�a�ea tv be severeble. �
<br /> ' 18. Bonow�'s Cop�.Borrower ahall be furnfeheo a contarmed copy of the Note and of this Deed ol Truat�t t1�e time of ; ,�;;.��
<br /> � executfon or eker recordatfon hereol. .
<br /> 17. Translor of th�Propnip;Auumptlnn.If all or any pert ot the property or on intereat the�eln Is eoid or iranaferred by , '
<br /> Borrower withoutl.ender's prior w�ftten consent,excluding le)the c�eatian of a Hen or encumbrence aubardlnete to this Oeed :
<br /> � � ofTrust,�b►thecreationofepurchasemonaysecurlryfnterestforhouaehaldappliences,(c►etransferbydeviaedeacentwby . •..;�,"., �
<br /> operatlon ot law upon the death ol e jofnt tenant or(d)the grant of any leasehold intereat of three years or leas not confeln ing a�
<br /> • option to purchase.Lender may,at Lender's option,declareal::he sums aecured bythis Deed of Truat to be immedietely due
<br /> , ' end peyebte.Lender sha11 have wefved auch optfon to accelerete il,prior to the sale or tra�sler,Lender and the peroon to ,, .,., _
<br /> whom the P�opeRy is to be sold or transferred reech agreement In writlng thet the c�edit of sueh pe►aon is eaNsf�ctory to •
<br /> Lender end that the intereat payeble on tne sums secured bythia Deed ot Trust shall be at such rate a8 Lendershall requedt.lf � .��
<br /> Lender hes waived the optlon to accelerate provided m th�s paragraph 17,and d Borrower's succe�sor In Interest hes �.'•,�.,.' �-
<br /> ` exeeuted e w�ittan assumptlon ayreemen�Actepted in w��tfng by Ler.der,Lender shalt rolease 6orrower from all obllpatlons �
<br /> under th18 Deed of TruSt and the Note. • � ��
<br /> � If Lender exercises such optfon to acceierate,Lender shell ma�l Borrower notice ol acceleralion In accordence wlth
<br /> peragraph 14 hereof.Such notice shall provide a period of nol less than 30days from the dete the�ouce ls mafled withln which �
<br /> Borrower may pay the suma declared due.It Borrower lails to pay such suma prfor to the explratfon o1 auch pe►lotl,Lender
<br /> , • m9y,wlthout lurther notlee or demand on Borrower,invake any remedies permitted by perayraph 18 fiereot.
<br /> ' NON•UNIFORM COVENANTS.Borrower and L�nda fudh�r covenant and aqne as lollows: . .
<br /> • 1!. Accetentlon;Mm�dla.Except as provlded In peragraph 17 hereol,upon Borrower's breach of eny covenent or �
<br /> agreement ol8orcower 1n thls Deed of Trust.including the covenants to pay when due any sums secured by thfa Deed of T►ust �
<br /> Lender priorto acceleratlon shall med noticeto 8orrowerasprovfded�n paragraph ta htlreot spec�1ying:(t)the breach;(2)the (
<br /> • action required to cure such breach;(3)a date,not less than 30 days Irom the dete the notfce is maiied to Borrower,by whlch
<br /> such breaCh must be�ured;and(4)that lailure to cure such breach on or belore thedate specilied In thenotice mayresult in
<br /> ecceleretfon of the sums secured by this Daed of Trust and sele of the Prope►ty.l he notice sh�u fvrther inlorm Bor�owe►of the
<br /> rlght to relnatete after acceleration and Ihe rlght to bnng a cuurt acUOn to assert the non-ex�stence of a delault or any other --
<br /> , , defenseolBorrowertoacceleretfonandsale.lfthebreachisnotcuredonorbelorelhedatespecifiedinthenotice,le�derat
<br /> Lender's optlon may declere ell of the sums secured by Ihis Deed ot Tn�st to be immediateiy due and payeble wflhout further
<br /> demend and may invoke tho power of sale and a.^.�other remedfes perm�qed by appl�cable law.lender shall be entided to ,
<br /> . colleCt all re0sonebte costa and expenses�ncurred�r p��su�ng the remed�es prowded�^the peragraph 19,includlnp,butnot
<br /> • : I hmited to.reasonable aKOrney's 1ees.
<br /> If tt�e pow'Er of sale Is Invokod,Truste8 sAelt reCG:�e notiCe o!�elaur.�n eeCY�Cou�ty�n wh�Cn the Property or sOme paA
<br /> , � thereot�sloc�Aedandshallmallcopieso'sc�chnotice�nthemanne^prescnCedbyapplicableiaweo8orrowerandtolheother
<br /> . . ;. •,�, persans prascn0ed by appllcable law.After fhe iaFSe ot sueh tir+e as�*ay be requ�reO by npplicabfe law,Trustee shell qive
<br /> � � pubhc nof:ce a!sa�e!ol�P penons anC�r tne ma��er pr�ecribed by aWphcaD[e�aa Trustee.w�thout demand on Borrower,
<br /> ' ' �t�,�.' , shallseGMePraperryat�ub��saucs+�,r:tothehignestbitltle+atthetimeandp�aceandu�aerthetermsdealgnated�nthenotice
<br /> � :. ot sale�n o�+e ar more par¢e.s and in such�rder as Truatee may determme.Trustee rRay postpone sale of ell or any parcel ot
<br /> 1he Properry by publfc announcement atthe bme and place a1 any prev�ously schedu�ed sa�e �ender or Lender's daalqnee
<br /> Rl�y�{iT4a5YiC P�o ri V�R�ij oi aai.ji av.c�.
<br /> � lJpanr�e��tolpeymentotlhepncebid,TrusteeshalldehvercarnepurchaserTrustee'adeedconveymg thePropertysold.
<br /> The recitais�n the i rustee's deed shell be pnma taae ev�dence ot me truth of the statements maaie thereln.Trustee shall epply
<br /> the proceeds of the sale f n the lollowing order:(a►to all reasonaGle costs and expenaes of lhe sa1e,mcludmg,but not Ilmlted to,
<br /> Trustee'sleesotnotmorelhan %otthe gro�sselepnce,reasonebleattorney's�eesandcostsoftltleevidence:
<br /> (b)to all suma secured by thfa Deed of TruaC and(c)the excess.��eny,to the person or pereona legally enbtled thereto.
<br /> 19. 8onow�r's Rlpht lo R�InNat�.Notw�thalendiny lender's accele�at�on of the sums secured by this Deed of Truat
<br /> Borrower shall havethe nght to have any proceed�ngs oegun C,y�.en�er to enlorce the Deed of Trust d�scontinued et any tlme
<br /> priot to the earlier to occur of(i)the liflh dey betore the sale ol the Properly purauant to the power of aale conteined m lhe Deed
<br /> of Trust(if)entry of a judgment enlorcing th�s Deed ot Trusl�f.(a16o►rower pays Lander a1�aums wh�ch would be Ihen due
<br /> � unde►th�a Deed ot Trus1.the Note and notes secunng Future Advances,i1 any,hed�o acceleration occured:�b)8orrower
<br /> cures all breaches ot eny other covenants or agreements of Borrower contained m this Deed o1 Trust.lc)Bot�ower peya g1l
<br /> � � reaaonebleexpenses�ncurredbyLenderandTrusteeenforcingthecovenantsandagreemenlsolBorrowercontainedinth�s
<br /> Oeed olTrust and in enforcmg l8nder'send Trustee's remediesns provided in paragraph t 8 hereol.�ncludmq.but not��mited
<br /> � to,�eesOnab�e eftOrney's lees:end(d)�rrowe�18kes suCh6Ction as Lender may reasonabfy reqwre to essure fh3tthe��en ot
<br /> j Ihis Deed o1 Trust.Lender's interest In the Property and Botrower's obligation to pay the sum h ablr��oyn secutBd hf er b 1
<br /> ; Shell continue ummpe�red Upon such payment and cure by Borruwer,th�s OeeA of T�us Y �
<br /> • ahall remei�in lull torce and eltect as d no aCCa�ereLOn hed occurred.
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