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<br /> • �� �t � Y. Co�d�on.The praceeds of a�y eward;6r clalm for damapea,direct or con�squsntlal,in conneation with any ° � — ���
<br /> ���. • � �f:x�`�� condsmnedonorolhsrfekln�olth�PropeRy,orpaltA��nol,orforconv�yanc�Inll�uofcond�mn�don,�r�lanby�aWpn�d
<br /> r :�wd ."�?."�r ond eh�ll bs psld to l.end�r. '� .
<br /> ^ - In the event of a total takinp of tha P►pperty,thsp thall be applied tq the sums�saurod by this Owd o1 Trwf.with
<br /> ''y':°"Ea' ths exa�,if�ny,pafd to 8onower.l�ths event of pa al q�kinp ol!h�Prop�Ay,unlew Borrow�r and Lendsr othsrwlas
<br /> ap�u�+i�wrfllnti,INeraehallbeapplledWtheeumc r bythlaQBndofTruatsuchproportlonottheproceedeaeleequslto �- ---
<br /> •� � thetpropordonwhiahths�mountotthssums�eaur bylhlsDeedoiTruetimmedletolypdo►tothedateotlaklnpbearatothe ,- �--�--
<br /> � fai�marlcet wlus of ths propeAy immsdletsly prlor to� te of fekinp,with th�balance of the procNda pald to BoROwa. �� �
<br /> � II the Prop�rty is�br�doned by Banower,or il,aRlr n dce by Lender to Borrower thot th�condemnor oflsro to mek�en .. _ _
<br /> � �� � � award or�ttls a cl�lm for tlamqes,Bonower Isils to;r�spond to Lends�within 30 days eRer ths date wcM noUcs Is mallsd, • `
<br /> ` '�' Lendsr is�ud�o�ized W collsct md appy tM procNdt,et lend�r's opdon,elfh�r to restorotion or r�palr of the Prop�rty a to � � "
<br /> • " the wma iscured by this Desd of Tru�R . ...�,� �r-=-
<br /> , r ' Unless Lend�r end Borrower oths►wise apree in writln�,eny suah eppliceQon of proceed�toprincipel shall not extend or •.;,:L::�;�`•�:•+�.:�=�
<br /> � � poatpone the due dats of Me momhly Insqdlmonls rsfarred to in pere�raphs 1 end 2 harwl o�ahanye th�amount ot wch �
<br /> • insfeliments. � _._,-___.- --
<br /> 10. Barow�rNMRNNS�d.Extenalonofthedmeforpa mentormodlHcationofamortizatlanoftheaumseecuredbythis "�--����--r-===.
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<br /> �- � ., Ueed of T�uet�rented by Lende�ro e�y suacessor f�interest oi Borrower shell not operate to retoaso,in any ma�nor,tho ..._:_ .
<br /> , Ilebllity of the oripinel Bonowerand Borrowe►'s succeaso►a interest Lender ehell not be�equired to commence p►ocsedinps
<br /> apainet suah succeawr or refute to extend dme for payment or otherwlae modHy emoN:adon of the euma aecured by this - ----"-°-
<br /> Oeed of Trust by resson ot any demand mede by tha oripinal Bonower and Qorrower's eucces�ors in interest. ,_ ..���'�'•"
<br /> i 11. Forbe�nnc�br l.�ndK Not a WahrM.Any forbearance by Lender in exercisinp e�y►ipht or remedy herounder,or . '
<br /> � otherwiss sRord�d by epplfcabte lew,shall not be a walver of or preclude the eze�cise of any such rlpht a�em�edy.The :r__.��..,. _
<br /> procurementofinsuranceofthepeymentoftexeaorotherllensorcher�esbyLendershellnolbeswalverolLendersrlphtto ,,�,�•�:--.. . _
<br /> � eccelerate the meturiry oi the indebtedneas aecured by this Deed ot Trust �� '����_�-
<br /> � 12. R�dMs Cwnul�qv�Al l remedies provided in thls Deed of Truat ere dialinct and cumulative to any other ripht or __:__,�,_
<br /> � remedy under this Daed of Trust or aBorded by lew or equfty, and may be exerciaed concunently,independendy or ' --
<br /> . • succesaive�y. � .`y�:- -�`�
<br /> ' , „ 13. 8ucc�sson and Asdans Bound;Jdnt �nd S�v�ral Wblliry; C�ptiom.The covenante and apreements herein f � �;'��_�
<br /> r contefnedshall bind,end the rTphtehereunder shall inure to,the respect(ve aucceasors and asalpns of Lende►and 8orrower, + �(,�U�,
<br /> � , � suaect to the provl8ions ol pera�raph 17 hereof.Atl covenants and e�reements ol8orrower ahell be loint end several.The '�:r
<br /> ' � capdons and headinps of Me peraprephs of this Deed of Trust ere for convenience only and are not to 6e used to interpret ar � •�-_.__
<br /> , ; deNne the provialons hereof. � M_ �
<br /> I ' 11. Notic�.Exceptforany notke requfred under appliceble lew to be given In enother manner,(a)any notice to Borrower i �„•:-.=„�
<br /> ; provided lor In thfs Oeed olTrust shall be plven by malll auch notice by certflfed meil addressed to�orrowerat the Property f
<br /> I Address or at suoh othar address ee Borrower mey des�ynete by notice to Lender ea provided he►ein,and(b)any notice to . .
<br /> lendershellbe�ivenby ceMfiedmall,retu►nrecefptrequeated,toLender'saddreaestetedherelno�toauchotheraddreasas
<br /> LendermaydealpnatebynodcetoBonowerasprovidedhereln.AnynoGceprovidedforinthieDoedolTruotshallbedeemed � �a�R±�
<br /> — i ia hava bssn�tvsn ta BaRa�ra�ar Londer when plven!n the manner de�ipnated herefn. , �i�t
<br /> � •� 16. UnHonn ONd of Tru�Gov�minp Law;S�v�nblW�r.The torm of deed of truet combinea unifam cove�ents for ���:
<br /> ' natfonal we e�d non-unibrm covenants with Iimited veriations by�urladlctlon to conebtute a uniform aecurfty InaVument •�^�.
<br /> II coverfn�real property.Thie Deed of Trust shell be poverned by the law ol the�uriadiction In wFNch the PropeAy Is located.ln ; � �
<br /> � 1 the event that any provlalon or clause of this Deed of Trust or the Note conlNcts with appIIceble lew,such conllict ahell not
<br /> � aHectothe►pp��p�iel0�eof this Doadof Trua!or the Note which cen be given eftect withouf the conllictiny provlslo�s,and to this
<br /> ` end�.Qrpj��v t�Deed of Trust and the Note ere declered to be severable.
<br /> I ; n' BortS '�.�0►rowor shell be furnlched a conformed copy of the Note end ollhia Deed of Truat at the time ol
<br /> � exec A .. ��Cord�tion hereot. '�•'
<br /> .1L..T ' o1�8Mprop�ry: AnumpUon.If all or any pen o1 the properly or an interest the►eln fs sold or traneferred by � 3•
<br /> • BorrowerwithoutLender'eprforwrittenconaent,excludfnq(a)thecrearionofaltenorencumbranceeubordlnatetothfs0eed ,
<br /> of Truat,(b)the crearion ola purcheee money eecu►ity fnterestforhousehold epplfences,(a)a tranefer by devlae descent or by
<br /> . operetlon o11aw upon the deathof e�ofnt tenant or(d►the grento(any leasehold Interestof three years or lesa�ot conteining an
<br /> option to purchase,Lender may,at Lender's optfon,declare all the sums secured by thfs Deed of Truat to be immediately due .
<br /> end payablo.Lender ahall have weived such option to accelerete II,prlor to the aele or transfer,Lender and the person to
<br /> " whom tt;e Property le to be aotd or trensferred reach eg►eemenl fn writfng thet the credit o1 auch person ia setfsfactory to
<br /> Lender and thatthe fntereat payable on the sums secured by this Deed of Trust shall be at auch reta as lender shall request.If
<br /> Lender hes waived the option to eccelerete provided in this peragraph 17,and ff Borrower's aucceasor in interest hea �
<br /> executed e wrHten eaeumption a9reement eccepted fn writinp by Lendar,�ender shall releaae Borrowe►from ell obliyeHona
<br /> � under this Deed of T�ust and Ma Note.
<br /> If le�der exerclaee auch optbn to eccelerate,Lender shall mefl Borrower notice of acceteration in accordance with
<br /> parepraph 14 hereof.3uch notke ehall provlde a perlod of not less then 30deye f►om the detethenotice is meiled within whlch
<br /> Borrower mey pey the sums declered due.If Borrower leils to pey auch auma prlor to the expiretion of such perlod,Lender
<br /> mey,wfthout 1uAher notice or demend on Borrower,Invoke eny remedles permitted by parapreph 18 hereof.
<br /> . NON•UNIFORM COVENANTB.Borrow�r and L�ndK luNh�►co��mnt and apr�a�lollonn:
<br /> 10. AccN�radon;R�m�dbs.Except es provfded in paregraph 17 hereot,upon Borrower's breach of eny covenant or
<br /> agreement of Borrower i�this Deed oi Trusb including the covenenb to pey when due a�y eums�acured bythis Deed of Trust,
<br /> . Lender prlor to acceleratlon shel l meil notice to Borroweras provlded in paragraph 14 hereof speci1yinp:(1�the breach;(2)the
<br /> actlon requfred to cure such breach;(3)a dete,not leea than 30 days from the date the notice fa mefied to 8orrower,by whfch
<br /> such breaCh mudt be cured:and(4)thet tallure to cure such breech on or before the date specified in Me notice mey result fn
<br /> acceleraUon of the sums aecured by thls Deed ol Trustand sele ol the Property.The notice ahell lunher Inform Borrower o1 the
<br /> right to relnatate aRe►eccelerelf on and the rfqht to bring a court actlon to assert the non-exiatence ot a default or any other
<br /> defense ot Bor�ower to acceleration end sele.lf the breach ia not cured on or before the dale specified fn the notice.Lender at
<br /> Lender's option mey doclere ell of Ihe aums secured by thla Deed of Truat to be immediately due and payeble wiMout further
<br /> demend end may Invoke the power ol sale end any other remedles pormifted by appliceble law.Lender shall be entltled to
<br /> collect all reasoneble Coata and expenses Incurred fn pursuing the remedies prov�ded in the perepraph 16,includinp,but not
<br /> limlted to,reasonable attorney's fees.
<br /> If the powe�of sele is invoked,Trustee shall record a notice ol default in each counry m which fhe Properry or some pa►t
<br /> thereof is located and shall mall copies of such not�ce in the manner prescr�bed by applfcable law to Borrower and to the other
<br /> � persons preacrlbed by applicable law.Atter the lapse oi such time as may be reqwred by epplicable law,Trustee shell g�ve
<br /> pubNc noNce of sale to the pereona and in the menner prescribed by epplfceble law.Truetee,without deme�d on Borrower.
<br /> shell aell the Properryat publicauctfon to the highest bidder at the time and place end under the terms designated in the notice
<br /> of sele in ane or more parcels end in such order as Truatee may determine.Trustee mey alpone sele ot ell or any parcel of
<br /> � the Property by public announcement at the time and place of any previou4ly schedul�ale.Lender or Lender's desipnee
<br /> mav purchese 1he Property at any sale.
<br /> Uponreceiptof paymentottheprfceb�d,Truste@Shallaelwerrotnepurcnaserirusteesdeedconveying inerroperiyaoia
<br /> The recitals In the Truatee's deed ahall be prlma facle evidence ot the truth ol the stetements made thereln.Truatee shall apply
<br /> the proceeda of the sale in the lo!lowinp order:(a)to all reasonable costs and expensea of the sale,fncluding,but not limited to.
<br /> Trustee'sleesotnotmorethan 9bottheg rossseleprice,reasonableattorney'steesandcostsottitleevidence;
<br /> (b)to all sums secured by thls Deed o1 Truat;and(c)the excess,�f any,to the person or peraona legally entltled thereto.
<br /> 19. Bonow�►'s RbM to RNrn1�t�.Notwfthstanding Lender's acceleration of the sums secured by this Deed ol TrusL
<br /> Borrower shell have the rlght to have any proceedings begun by Lender to entorce the Deed of Trust dfscontinued at any time
<br /> prlor to the earlfer to oCCUr of(1►theflfth day betore the aele ot the Property pursuant to the powerol aele contelned in Ihe Deed
<br /> � of Trust(II►ontry ot e�udpment enlorcing this Deed of Trust il•(a)Borrowpr�pys Lwnder ell sum8 whfch would be then due _
<br /> unde`thls Deed of Trus�the Note and notes aecuring Future Advances,i�any,had no acceleratfon occured:�b)Borrower
<br /> cures all breaches of any other covenants or agreements of Borrower con�p�ned in thfs Deed of Trust:(c)Borrower pays all
<br /> �� � reasvnebleexpenseslncurredbylende�andTrust000ntorcingthocovenantsandagreement�ofBorrowercontainedfnthis
<br /> i Daod of Trust and In enforci ng Lender's and Trustee's remedles as provided in paregraph t 8 hereof,lncluding,but not limited
<br /> to,reasonable altorney's leea;and(d)Borrower tekes such action es Lender may reasonably requfre to aseure thet the lien of
<br /> this Deed ol T�ust,Lender a fnte�eat in the Property and Borrower's obl�getfon to pey the sums aecured by fhls Deed of Trust
<br /> �: shell continue unimpelred.Upon�uch payment and cure by Borrower,this Deed ol Trust end theoblfpations secured hereby
<br /> ,1 I sh911 remaln fn full tace and elfect as il no acceleretfon had occurred
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