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<br /> � "` 9. Condomnatlon. The roceeds of an award or cta�m for dama as,d�rect or consequentiai.M Connecdon with en � ;;;:-�
<br /> condem�ahon or other takin o!the Property,or part thereot,or br conve ance��ifeu of oondemnation.ere hereb aeai ned .� ����"°'�"
<br /> - ;u 8 Y Y 9 :,'•�:'�LL'.�_ _
<br /> and ahell be paid to lentler. -, �;�••���.`,-=�
<br /> „ " ° in the event of a totai taking of the Properry,the proceeds shalt be applied to the aums secured by this Oeed ot Trusf.with ��' ; ' �;,�
<br /> ;i. • the exce9s,it any.paid to f3or�qwer.ln the event of a paRial takin ot he Propeny,unlesa Borrower and Lender otherwiae `.`.�,;;, r;;�,
<br /> t �:;_-_--
<br /> ` r. • � agree�nwnUng,thereaha�Iboepplfedtothesumssecuredbythls�otTruatsuchproportlonoftheproceedaaslaequnito , �-�.�:..--_-=-°_ -
<br /> . • '
<br /> � .. thatproportionwhichtheamountofthesumssecuredbythls0eedofTruetimmediatelyprlortothedateotffikingbearotothe ''�`'`r'r' -
<br /> . .. .� ..
<br /> tair market value of the oroperry�mmed�ately pr�or to the date of takmg,w+th the bafence of the proc6eda paid to 8orrawer. •-;;
<br /> it the Pmperry is abandoned by Borrower,or If,aRer notice by Lender to Borrower that the condemnor oifero to make an .° �'��±'�:;
<br /> " •� awerd or settie a claim for damagea,8orrower tails to respond to Lenderwithin 30 days after the date suoh notice ie mAiled, . •
<br /> " Lender�s author►zed to coilect and epply the proceeds,at Lender's optio�,eiMer to restoration o�repal►ot the Property ot to -.�
<br /> "' the sums secured by this Deed of Trust. ,�
<br /> Unloss Lender and 8orrower otherwise agree�n writing,any such appticat�on ot proceeds to principalshe�t not extend or �
<br /> postpone the due date ot the manthly�nstaliments reterred to in paragraphs t and 2 hereof or change the amount ot such • • . .
<br /> ' inatat�menis. -
<br /> . 10. 9onower Not Retsss�d.Extension of the timetor payment or modiflcation of amo�tizalfon ot the sums secu�ed by this
<br /> � Oeed of Truat granted by Lender to any succeasor m intereat of Bprrower shall not operate to release,ln any manner,the ° , .
<br /> � � Iiabi�ityoftheoriginel8orrowerand8orrower'sauccessorsinterestLenderahelinotberequlredtocamrnenceproceedings �
<br /> against such succeasor or refuse to extend time tor payment or otherwfse modity amortizeUon ot the aums aecured by this „ • �
<br /> . Deed ot Trust by reason of any demand mada by the orlginat Borrower and 8orrower's successors in ioterest �,
<br /> 11. �orMtanc�by Leedor Not a Waiv�r.Any torbearance by lender in exercising any right or remedy herounder,or �
<br /> otherw�ae aftorded by applicable law.shall not be a wa�ver ot or preclude the exercise of any auch right or remedy.The . „ ��
<br /> .
<br /> procurement of insurance of the peymen4 ot taxes or other liens or charges by Lender shall notbee wefverof Lender'a rightto
<br /> �. , .. acceletate the maturlty of the indebtednees s�cured by thls Deed of Truat. ' � �
<br /> • •� 1�. R�m�di�s Cumul�tiv�AU remedies provfdad in this Oeed ot Trust ere disttnct and cumuladvo to any other rtqht or _. _____--- _
<br /> - remedyunder1h1s0e�tdotTruatoraBordedbytaworequ�ry,andmaybeexerasedconcurrently,independendyorsuccesstvely. � . ,"-
<br /> td
<br /> • 13. 8ucc�uonandbslqns8ouod;Joint�nd8w�raiN�biNty;C�ptkns.Thecovenantsandegreementshereinconmined , . , �
<br /> shallb�nd.a��dthe�ightehereundershallinureto.therespechveauccessoraendasaignsotlenderand8orrower,subjectta ,
<br /> theprov�s�onaolparagraphl7hpreot.Aticovenantsandagreementsof8orrowerehalfbe�ointandBeverel.Thecaptfonsand • ��
<br /> headmga ot the peragraphs ot th�s Ueed of Trust ere tor conventence only and are not to be used to Interpret or define the
<br /> provfeions hereof � "
<br /> 14. Notio�.Except for eny not�ce requued under eppl�ceble taw to be g�ven�n enother manner,(a�anynoticeto 8orrower �
<br /> , prov�ded tor m th�s Oeed of Truat shail be gwen by ma�lmg such notice by cert�fied mali addresaed to 8orrower atthe Property ,
<br /> Addr�sa or at euch other eddresa as Borrower may des�gnate by not�ce to Lender es provided herein,and tb)any notice to , • ;���
<br /> Iender ehalt be gwen by ceKitied maU,retum rece�pt requested.to Lender'saddresa stated here�n or to euch other address es � , , =-
<br /> Lender may designate by notice to Dorrowet as provided here�n.Any notice provlded for in thia Deed of Trust shall bedeemed �
<br /> to have bee�given to 8orrower or Lender when gwen m the manner designated herein. � 'r�:;trtY�
<br /> •14.1 "Request for Notice.Trustor and bene(ic�ary requeat that a copy of any notice ot defauit and notice of sale made or , � � �:�
<br /> nxa�uied by the Trdsiee pursuant to the prov�sions heraof bs sant ta ihe Trustor and 8c;naf�c�ary a!thcir respective msi�ing
<br /> addtesses set forth above." !
<br /> 15. Ueitorm Oeed ot Truat;4overning Lriw;SeverabilHy.The torm of deed ot trust comb�nes u�ilorm covenants for '
<br /> nat�ona� uae end non-urnform covanants with lim�ted vanat�ons by�unsdiction to constitute a uniform secunty inatrument �
<br /> covering rea�property.This Deed of Trust shalt be governed by the taw ot 1he�unsdiction in which the P►operty is loceted.In ;� ;
<br /> the event lhat any provision or clause of this Deed of Trust or the Note conf��cts w�th appl�ceble law,such contlict ahall not �
<br /> aNect other provisions o}this Deed of Trust or the Note wh�ch can be g�ven ettect w�thout the contiicting p�ovisiona.and to this � �.�i�-
<br /> bi3u � �. �T.....�..w.1��.��1._�.._"_ .1__�..... 4. 1
<br /> �Ilp�I�VYfJiVi1J V���16 G�JO�V� �u..�o�w u�o�w�n o�v uo�.�a�v3 iv uo anvoio�l8. I <� '
<br /> 18. Borrowet's Copy.Borrower shal�be furmshed a conformed copy o(the Note and of this Oeed ot Trust at the time of ' �r,,
<br /> exeCUtipn 0�etter tecordatlon heteof. I ,`i`�'`�"!
<br /> 17. Transter ot the Properfy;Aaaumption.If all or any part of the property or an interest therem�s sdd or transferred by i
<br /> 8orrower wrthout Lender's pnor wntten consent,excludmg�a)the creaUon ot a lien or encumbrance subordinate to this Oeed � %
<br /> of Truat,(b)the Creahon of a purChase money seCUnty mterest for household appl�anCes.(c)a transter by dev+sedescent or by �,
<br /> � operatlon of law upon tho death of a jomt tenant or(dy the grent ot any leasehold mterest of three years or leas n�t contaming an � `�
<br /> opti0n to pu�chase.Lender may.at Lender's opLOn,declarenli the sums secu�ed by this Deed of Trustto be�mmedieteiydue ';?�
<br /> , and payabte.Lender shall have warved such option to acceferate�f,pr�or to�he sale or transter.Lender and the person to
<br /> whom the Property ts to be sold or transterred reacn agreement�n wr�t�ng Inat the credit of such person ts satfsfactory to . ,
<br /> Lender and thattheinterest payable on the sums secured by th�s peed of 7rustshali be at such rete as Lender shati request.�f
<br /> lender has weived the opt�on to accelerate prov�ded in th�s paragraph 17.�nd�t Borrower�s successor in�nterest has executed
<br /> • a w��ften asaumpt�on Ag►eement accepted in writing by Lender,lender sh�ll release Bor►owe►from all obligations underthis
<br /> Oeed of Trust and the Note.
<br /> If lender exerc�ses such option to accelerate, Lender shatl mad 8orrower not�ce ot acceleratian in aCCOrdence�vith
<br /> paragraph 14 hereof.Such nolice shall prov�de a penod ot not tess than 30 days trom the date the not�ce�s maded w�thin wh�ch .
<br /> Borrower may pay the sums dectared tlue If Borrower ta�ls to pay such sums pnor to the expuation of such penod.Lender
<br /> may.w�thout turther notice or dema�d on Borrower.�nvoke any remed�es perm�tted by paragraph 18 hereof
<br /> NON-UNIFORM COVENANTS.Bor�owe�and Lender lurther covenant and agree ae folluwa:
<br /> 18. Aeeeleretlon;Remedlea.Except as pruwded m parngraph 17 hereof.upon Borrower's breach of any covenant o�
<br /> agreementot 8orrower�n this Oeed of Trust,inclutl�ng the covenants to pay when dueany sums secured by th�s DeedOt Trust.
<br /> Lender pnor to acCetereti0n shatl ma�l notice tn Borrower�s prov�ded�n paragraph 14 hereof speCiN�ng:(1)the breaCh;(2)the
<br /> act�on requtred to Cure such breach;l3)a date,not tess fhan:i0 days from the datethe not�ce�s maiiedto Borrower.by wh�Ch
<br /> . suCh breach must be cured:and 14)thHt fa�lure to cure such breach on or betore the date spec�fied�n the not�cemay result in
<br /> •�cceleration of the sums aecured by this Deed of Trustand sale of the Property TMe not�ce shall further intorm Borrower of the
<br /> , r�ght to reinstate atter accelerat�on and the nght to bnng a court act�on to assert tnQ non-ex�stence of a detault or eny other
<br /> defense ot Borrower to ACCelerat�on and sale If the breach is not Cured on or before the date SpeCdied in the notiCe,Lender At
<br /> • Lender's option may declare a11 of Ihe sums secured by th�s Oeed of trust to be�mmed�ately due and payabte without further
<br /> + demend and may mvoke the power of s�le and any omer rnmed�es perm�ttcxi ny appl�cable IAw.Lender shau be enhtled to
<br /> ' I collectallreaso�ablecostsandexpensiismcurrod�npu�swnqtiierc•med��sprov�ded�nthepnragraph 18,mclud�ng.butnot
<br /> I�mlted to,reBSOnAbIP Atlorney s tees
<br /> �f the power ot sele is�nvOked.lrustee shnu record a not�ce of�lefault in each county m wh�Ch the Propetty o�SOme patt
<br /> • there0f is loCeted end shell ma�l Cop�PS ot such n��tice m fhP man�er�rescribed by appl�cable law to Borrower 8nd tOthe other
<br /> persons prescnbed by app��cable law ANer tno lapse of such t�me�s may be requved by app6cable law.Trust�e shell grvcs
<br /> pub1�C notice of Sale t0 the persons and�n the m��nner prescr�bed 6y appl�cable lew Trustee.w�thout demend on 8orrower.
<br /> shall sell the Property et publ�c auct�on to the n�qhest b�dder at the t�me and place antl under thetermsdes�qnated in the notice
<br /> ol sele�n one ot more parcels and�n such ordor as Truste�may deternune Trustee may postpone sele of atl or any parce�ot
<br /> i the Pronertv bv nubl�c announcement at the t�me and alace ot anv nrev�ous�v scheduled sale.Lender or Lender's des�anee
<br /> may purchase�the Property at any s�ie
<br /> � Uponreceiptotpaymentofthepr�cob�d.irusteesha11de1rvertothepurchaserTrustee'sdeedconvey�ng 1hePropertysold.
<br /> The tec�tals�n the Trustee s deed shau be pr�m�Ipc�eev�dence of tne truth o}the statements madethere�n.Trustee shal�epply
<br /> , ; Iheproceedsotthesale�nthetouow�ngorcfar �altoaureasonablecostsandexppnsesotthesate.includ�ng,butnOthm�tedto.
<br /> ; � Trustee'sleeaofnotmorethan ��uofthegrosssatepr�ce.r@asonableattorney'sfeesandcoatsoftitleendenCe:
<br /> Ib)to alt sums secu►ed by this Deed ul Trust.and fc)the excess.�t any.to the p�rson or persons legelly ent�tled theret0.
<br /> � 19. Bonower's Right to Refnstato.Notw�thstandmg LendQr's��cceleration of the sums seCUred by this Oeed of Trust.
<br /> ' ; ,� 8o�rower shall have the nghtto have any proceed�ngs hegun by lenderto enforcethe Oeed ot Truet discontinued atenyt�me
<br /> • � � pnortotheearl�ertooccurot(�)thet�tthdaybetorethesateoflhePropertypursua�ttothepowerofsateCOntg�ned�ntheDeed
<br /> � . , of Trust(��I entry ot a�udgment entorcing th�s deed ot f rust�t(a)8orrower pays Le�der all sums wh�ch woutd be then due
<br /> under th�s Oeed ot Trust,the Note and notea secunng Future Advances.it eny,had no acceleratton occured.IblBorrower
<br /> � curea aII breaches of any other covenants or agreRments of Borrower conta�ned in th�s Deed of Trust:(cl Borrower pays all
<br /> reesonetrle expenses tnCUrred by le�der and Trustee entorC�ng the Covenant9and agreements ot BprrOwer Conta�ned in fhis
<br /> � Deed of Trust and in enforcing lender's and Trustee's remedieo as provided in paragraph 18 hereot,incf uding,but not t�m�ted
<br /> • to,reasonable attorney'a tees;and fd)Borrowor takes such act�on as lender may�easonably requ�re to easure that the lien of
<br /> thts Oeed of Trust,Lender's�nterest�n the Property and Bo�rower's obllgation to pay the sums seCUted by thia Oeed ot Trust
<br /> � shalt�ontmue unimpa�red.Upon such pavment and cure by Borrower.th�s l�eed of Trustand the obligations secured hereby
<br /> ' + � stfall remem in full force and ett�ct ns rt no hcct�INrntwn h:�d ocr.urred �
<br /> . i I
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