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<br /> .�;, .;.., ,.,,,,, + 9. Co�d�rtmatlon.The prxeed�ot any award or Clalm for damayes,dlrect or consequenti�l,In connecGon with any
<br /> '- � condemnation or other takinp of th�Property.or pertth�nof,orfor conv�yanc�In Il�u of condbmn�tlon,u�h�nby asilpn�d
<br /> ,�,.' � � and ahell be paid to Lsnd�er.
<br /> .� In ths event of a total takinp ol tho Property,the proceeds ihatl be apptied to the sums secu�ed by thl�O�sd pf Trust,with
<br /> the exc�ss,if any,pald to Borrower.In ths�vent of a pa�tlN tekinp of the Prop�Ay,unlsta Borrowor and l.�dir oth�rwlN
<br /> �" a�reeinwritinp,thereaha�lbeappIfedtothesumssecuredbythlsDeedofTrustwchp►oportlonofdis proc�sds�aiseqwlto
<br /> , � thatproportionwhichtheamountotlhesumsaecureabythlc0aodofTrusttmmedlatelyprfort�thedeteoftekingbeerstothe __ -_ ____--_- ,
<br /> ' lalr msrkst vaiue of ths proparty Immediateiy prlor to the dats of takinp,with the belance of ths proceeds pald to Borrow�r.
<br /> - � If the PropeAy ia abandoned by Borrower,or if,�ft�r nofice by Lender to 8orrower th�t ths condemnor oM��to maks an
<br /> . award or settle a clalm for deme�es,Borrower tails to respond to Lender wlthin 30 days after ths date auch notice is m�ited, :T._
<br /> +=t� • ' Landtr Is aufhorizad to collect and appiy ths procesds,at L�nd�r's option,elthsr to restoradon or rpair of th�Propsrty or W
<br /> "", thv oums ascured by this Deed of Trust � :::„•f:r,;�;.::�
<br /> Unleas Lender and Borrower otherwise apree in writing,any such applicatfon of proceeda to principel shalt not extend or �' �=
<br /> - �:��. postpone the due dats of the monthiy installments roterred to In perayrapha 1 and 2 hereof or chanqe the amount of such • • •����
<br /> ��,� instailmenb. _-_--°-- -"`-� -
<br /> :��;t . 10. Botrow�r Not RN�as�l.Extension of the time for payment or modiflcation o(amoRization of the sum�secured by thia
<br /> • Deed of Truat yranted by Lender to any succeasor in interest of Borrower ahall not operate to�etease,in any man�er,the
<br /> " Ifabiiity of the oripinai Borrower and 8o�rower s successors intereat.Lender ahali not be requlred to commence prxeedinp• __
<br /> ,-'�, agalnst such succesaor or rEluse to extend time(or payment or otherwlse modiry amortization ot the aums secursd by thl� _-
<br /> • p�d ot Trust by reason of any demand made by the original 8orrower and Borrower's succeseors i�Intersst
<br /> 1 t. Fotb�aranc�by L�ndK Not�Wair�r.Any forbearance by Lender in exercising any ripht or remedy hereunder,or �°__�.-_
<br /> otherwiae aflorded by appliceble law, shail not bo a watver of or preciude the exerclae of any auch ripht or remedy.The �� -��F r +
<br /> procurementotinsuranceotthepaymentottaxesorotherlienaorchar�esbyLendershallnotbeawaiverofLendersriyhtto �� '�'
<br /> acceierate the maturity ot the indebtedness secured by this Oeed ot Trus� �`°"-
<br /> ' •`Y:"'�"�
<br /> 12. RNn�di�s Cumulaqv�Ail remedfes provided in th{s Deed of Trust are distinct and cumuiative to any other ripht or -•� •:: _-__
<br /> remedy under this Deed of Trust or aHorded by Iaw or equiy,end may be exerclsed concurrenUy, IndependenGy or .,K;_ti:z •�--
<br /> succeseively. , .tF�� ,
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<br /> 13. 8ucc�ston�nd A�n� Bound;Joint and S�v�nl LlaWlity;C�ptiona.The covenents and aflreements herefn -.
<br /> cantained ahall bind,and the r�hts hereunder shell inure to,the respective successors and aasipna of Lender and Borrower, � ' Y`-—__.
<br /> subject to the provisions ot paragraph 17 horeof.Ail covenants and agr�ements of Borrower shall be oint end severai.The • '��',`6;'�
<br /> ' captions and headings ot the paraprephs of thls Deed ot Trust are for convenience only and are not to�e ueed to interpret or . ---
<br /> define the provlsions hereot. '`�����`��`�� _
<br /> 14. Notk�.Excepttoranynoticerequiredunderappiicablelawtobayiveninanothermenner,(a anynoticetoBorrower '• ' -__
<br /> � provided tor in this Deed ot Trust shali be given by mailiny such natice by cenitled m�lAd�������PenY : %j;,_
<br /> Addresa or At euch other address es Borrower may designate by notice to le�der ce to �:=�
<br /> Iender ahail be piven by certitfed maii,return receipt requested,to Lender's address Sta e refn ( �h ddr sa aa �" �
<br /> Lender may dealgnete by notice to Borrower as provided hereln.Any notice provide�for i ���j ��eemod . . �:--9
<br /> to ttsle been Qiysn!Q 8orrowes or Len��A{whan given in the manner desipnated h��3.....•• •-.�.. • •--� •- • �
<br /> 15. UnNam DNd of Trust;Gov�►etnq Law;S�v�rability.The torm of deed of trust combinea uniform covenants tor � �-u.�
<br /> �ationat use and non-unfform covenanls with Iimited varfations by Jurisdiction to constitute a unlform aecurl�inatrument ��_
<br /> coverin4 reat property Thia Deed otTruat shalt be yovorned by the law of the jurisdiction in which the Property s Ioceted.In ��
<br /> the event that eny provision or clause ot this Deed of Trust or the Nate conllicts with appliceble law,such contlict shaU not ,
<br /> • � affec►otherproviaionso}thisDeedotTrustortheNotewhfchcanbegivenettectwithoutthecontlictinpprovfslons,endtothf4 � -..9;_
<br /> � end the proviaions ot ihe Deed ot Tr�st and the Note are declared to be severr�ble. �;;.`�
<br /> 18. 8orrowa's Copy.Borr w�r.aKaT�e�`1GTn'1�!�'�tSARlM�ed copy ot the Note and ot this Oeed oi Trust at the time of
<br /> execution or nfter recordati�n�ereW." , : ,�1� - .
<br /> • 11. Transbr ol th�Propert�;A�umpUOn.tf all or any.part uf thd prop��rty or an interest therein is sold o�transferred by ,
<br /> � Borrowe�withoutLender'spn rrr�t.�rc�k�{al��reationulal�enorencumbrancesubord�natetothi�Deed _
<br /> r� otTruat,(b)thecreationofapurohasemoneysecurityinteresttorhousaholdaPpliences,(c)atransfarby devlsedescentotby _
<br /> � operatlon of taw upon the death of a jo�nt tenant or(d)the grant of any Ieasehold interestof three years or lesa not contafnlnp an _.
<br /> ' � optlon to purchase,Lender may,at Lender's optlon,declare all the sums secured by thts Oeed of'trust to be Immedlately due
<br /> � , and payab�e.lender shall have waived such option to accelerate If,priar to the sale or transfe�,Lender and the peraon to
<br /> whom the Property Is to be sotd or transferred reach agreement in writing that the credit ot such person fs aetlafactory to
<br /> • Lender and that the�nterest payable on the sums secured by this Deed ot Trust ahalt be ut such rate as Lender sha�l request It
<br /> � Lender has wa�ved the option to accelerate provfded in this parngraph 17,and �t Borrower's suCCessor In fnterest has
<br /> executed a written assumptfon agreement accepted in wntmg by La�dAr �ender shalt nriease Borrower from all obliyationa
<br /> I unde�this Deed of Trust and thA Note.
<br /> � It Lender exercises such option to accelerate,i.ender shall maii Borrower not�ce of acceleration in accordanCe wfth
<br /> ; paragraph 14 hereof Such noticeshalt provfde a period of not less than 30daysfrom the datethe notice is mailed wlthin which •
<br /> � Borrower may pay the sums declarod due.If Borrower fails to pay such sums prior to the oxplratlon of such period,Lender
<br /> may,wtthout iurther noiice or demand nn Eiorrower,invoke 7�y r���ndi�s perm�tted by�pra9reph 18 hereot.
<br /> NON-UNIFORM COVENANTS.Bonow�r�nd L�nd�r IuRh�r covQn�nt and aqtN as tollowa:
<br /> 19. Acc�l�ratlon;R�m�dllt.Except AS prov�dPd m paraaraph 17 hereot,upon Horrower's breach of any covenent or
<br /> agreement of 8orrower in this Oeed ot Trust,including the covenants to pey when due any sums secured by thfs Deed of Truet �
<br /> � Lender pnorto acceleretion shell n�au noUce to Dorrower as prov�ded in parograph t�l hereof speclfytng(t)the breaCh;(2)the
<br /> actfon requlred to cure such breach;(3)e date,not less than 30 days from the date the notice is meiied to Borrower,by whiCh
<br /> such breaCh must be cured;and(4)that fallure to r.ure such breach on or bel�re the date specified in the notiCe mey result In
<br /> - acceleration ot thesums secur9d bythis Qaed of Trustand sate ot the Property.The notice shall further tnform Borrowerof the
<br /> � ' rlpht to reinstete after acceteration and the nqht to bnng a court act�on lo assert tne non-existenr.e o}a de}ault or any other
<br /> ` . � defenae ot 8orrowerto acceleration and sate.If the breach is not curod on or before tne date specitied In the notice,Lender at
<br /> ; � Lender's optlon may declare all ot the sums secured by thls Deed of Trust to be�mmedietely due and payabte wlthout lurther
<br /> demand and may invoke the power ot sale end any other remedies perm�tted by applicable law.lv��der shall be entltled to
<br /> �••. • collecta�lreaaonablecostsandaxpe�seaincurredfnpursuinptheremediesprovldedintheparayraphl8,includtny.butnot
<br /> Ilmlted to,reaeonable attorney's fee�. �
<br /> �' � � If the power of sala is invoked.Trustee shal�rocorcf e notice ot detault f n ench county in which the Property or aome pert
<br /> :..• � thereof is located and shell ma�I coples of such notice in the manner pruscri bed by apphcable law to Borrower and to the other
<br /> , { , persons prescrfbed by appltcable law.After the lapse of such time as may be required by applicable law,Trustee ahall give
<br /> publlc notice of sale to the persons and fn the manner prescrlbed by applfcable lew.Trustee.without domand on Borrower,
<br /> !�'. . � ' shellseltthePropertyatpubllcauctiontothehiyhestbidderatthetimeandplaceandunderthetermsdesi0natedlnthenotice
<br /> � � • ��� he P�ro�perly by pubt c ennous cemient at thet me end plt Ce of eny prevlously scheduled sa e�.Lende1eor LQ d�'sydeaiqnae
<br /> ma urctuise the Pro at an sate.
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<br /> � i - The recita�s in the Truatee'a deed ahell be prlMa facfe evfdence of the truth of the atatements madethere�n.i'rustee shal(apply
<br /> l ' ' theproceedsofthesatefnthetollowlnyorder:(a)toallreasonab�ecostaandexpensesofthesele,Includirg,butnottlmfttidto,
<br /> _ , ;,. .•. Trutt�'sfeesofnotmorethan_. %otthegrossaalepr�ce,reasoneb�eattorney'sfeesandcostsottftleevldonce;
<br /> °=� 1 (b)to all sums secutad by thla Oeed of TrusZ and(c)the excess,It any,to the peroon or persons leyalty endtled theroto.
<br /> '�:�.'�_..' 1Y. BonowK's Rlpht fo RalnsWl�.Notwlthatendlnp Lender's accelerallon ot the aums aecured by thls D�ed of Truat
<br /> � 8orrowarshAllhavethsNphttohevsany proceedlnpsbepunbyLendertoanforcethsDeedofTrustdlacontlnuedetsnytime
<br /> Y •�;�,;', . , � prlortotheearllertoxcurot(i)thetlhhdaybeforetheaaleottheProperrypurauanttothepowerotsalecontafnedlnthoDeM
<br /> ;� ��• ot Tru�t(tl)entry of a judpmant eniarctnq this Deed oi Trust it:(a)Borrower peys Lender atl sums whfch would be then due
<br /> � under thls D�ed of Trusf,the Note�nd nates securinp Future Advances,it any,hed no acceleratiun xcured:�b)Borrower
<br /> cure�s a�t breachea ot eny othsr covenanu or a4reements of Bor�ower contalned in thia Deed of Truak(c)Borrower psys all
<br /> �� � ��' ���-�� reswnableexpenBedlncurndbyLendQrandTrueteeentorclnpthocovenantsandepreementsot8orrowercontefnedinthla
<br /> "' `'y"' �''� ti�sdofTtuatandlnentorcinpLende�'sandTrustee'sremedlesasprovldedfnpar�praphl8hereof,includlnp,butnotlimlted
<br /> �- '"°�� " "" to,rwtonabtaattornsy'ste�s;and(d)Borrowsrtakesauchectfo�asLendermayreawnablyrequlntoassurethatthQlfenof
<br /> '���t�a .t.`�: thfs Deed ot Trust,Lender's fntersst In the PropeKy and 8orrower't oblfpatlon to pay the suma secured by this Oeed ot Truet
<br /> � �— -- " ,> :,�',�;�,•-�.,, shalt contlnw unfmpsfred.Upon auch payment end cure by Borrower,thls Oeed of Trust and the obllqattons securad her�by
<br />._��__ '� : shall r�ln In tuU fores and eflect�s it�o acceleration had occurred. �
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