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<br /> • • 0. Condemnallon. tho pa�r.nods ut nny nwnrd or cit��m fnr dr�mngas.dv�ct or conaaquontmi, n cbnnectlon wlth uny —:-
<br /> � . condomnntion or olhor tnk�n{�o}tNo Proporty,or pnrt theront,or far conveyancR�n liuu of aondomnatlon,aro horoby a9al�nad
<br /> „ nnd snnit b�pn�d to Lo�tl�r.
<br /> tn the event 4t A t�tnl toktny ol the Nrapeny.tne proceedc&hau be appl�ed to tho sums seauroE by thie psed of Tvuat,wlth --���• - --- _
<br /> Ine oxceas,it any,potd to Bormwor In tho avent of a partial takin ot tho Property,unloas Borrowor and Londur athorwise ••, „
<br /> h te o ortlon whech he amounpo}he�sums se 8urad b t�hla Deod of�T ust Immedl telr p�or�to thedatoof tnk�in abe ro tothe , . ,
<br /> , falr merket value of the aropeAy immed�etely pnor to th9 date ot tak�n ,with the belanCe o}the proCeeda piiid�to Bonower. _
<br /> If the Property�s abandoned by 8orrower,or�t,etter nohce by len�er to Borrower the!the condemnor otteta to make en , � , ��
<br /> award or settie a claim for damagea,Borrower falls to reapond to lender within 30 days after the date such noUce fs mailed.
<br /> Lender�a authonzed to coltect and eppty tho proceeda,at Lend�r's opt�on,either to reatorat�an or repeir ot the Properiy ar to
<br /> the sums secured by this Deed of Trust.
<br /> Untess lender and Borrower otherw�se agree in wnt�ng,any such appl�ca¢ion of proceeds to pnncipai shell�ot o�no�d or
<br /> postpone the due date of the monthly instatienen4s��terr�d to in paragraphs t aa�dl 2 her�o4 or chae�ge 4he r�enoun4 Ot such
<br /> �nst�111ments.
<br /> 10. �a�rowxr Atof Relee4ad.Extens�on o41he t�me tor payment o�modificat�on ot amoeYization otthe sums 90curad Fsbthis
<br /> Deer1 of T�ust g�ant�d by Lender to any successo�in�nteres4 of Rorrower shall not oparate to release,+n a�y momnav,the
<br /> 1iab�l�ty ot the orig�nal Borrower and Borrower's successors in4erest.Lender shali not be required to comenence pro�GeB�ings ��.�,..,
<br /> agAinst such suCCessor or refuse to extend time for payment or otherwise modity amorUZedOn of th�stama seCUred by this " •�` `�� �`
<br /> Deed of Trust by reason of any demand ma�ae Dy the ongmal Borrower anq Bor.ower's succesaorg io intere9R . ' '��'r..;: ',:
<br /> 11. Forbearance by Lende�Not a Welver.Any forbearance by Lender�n ex�rc�sing any right or r�+�rnedy hereunder,or ' "`? �
<br /> otherwise allorded by appl�cable law,shall not be a warver ot or prectude the ezercise of any such nght or fem�dY_The ��`-�
<br /> • procurement of insurance of the payment of taxes or other Iiens or charges by Lende�shsl;not be a waiver of Lender'snghtto �
<br /> " accelerate the maturity of the indebtedness secured by this Deed of Trust
<br /> - 12. Romodlos CumufaUvo Alt remedies provided in this Deed ot Trust are distinct and cumulabve to eny othef right or �
<br /> remedy underthis Deed of Trust or afforded by law orequity,and may be exerc�sedconcurrently,independenUyor succesaively.
<br /> 13. SucceasorsaedAsdgnsBound;Jofntand8everaliiablNl�;Capdona.ThecovenantsandagreAmentshereincontained �
<br /> • . shall bind,and the rights hereunder shall inureto,therespectivesuccessors and assigns of Lenderand Borrower,sub�ectto .
<br /> �r,�;�'' , t�rnep��wsionsofqaragraphl7hnreof.Aticovenantsandagr^�mentsofBorrowershallbejointandseveral.Theceptionsand ,.•, �y,,��
<br /> h�atlin s of the ara re hs at th�s�eed of Trust are tor convenience onl and are not to be used to inter ret or define the ��. ,'`
<br /> • �(;. •..:: : 9 P 9 P Y p � �•. :��� .. ...a i,;.
<br /> pucwsrons hereof �,� •:;�.`�.., ;..-..< ;, �t��;?,i��.°;
<br /> • . 14. Notiee.Exceptfor any noUCe requved under app��cabie law to begwen�n another manner,(a)any noticeto Borrower !. �.<<�'}.��.r. ��•.,;�:.
<br /> �• � •. prov�ded tor in th�s 0eed of 7rust sha11 be g�uec by mailing such not�ce by certified mail addressed to�BorT�wer atthe Property ?��,('���%��,'"•;i;t���,��y{;S,`,•';:,:,,�:,;
<br /> � Address or at such other address as Borrou+rer may desi nate b not�ce to Lender as provided here�n,and(b)en notice to '' ' ��•'�������?`�t`�'�•:.'��::Yjr�'
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<br /> lender shalt be grven by certified mail,return receipt reque;�t8d,to l.ender's address steted herem orta s��h other a�ibress as ���1� '•i`����,j;1}t;;{:��-
<br /> � , Lea���r may designate by not��e 10 8orrower as providecl herem.Any noticeprovided for in t�is Deed of Truatshall be deemed ,�,�}5��:,`;r� �{���;'ty��i;�,,��:.,,
<br /> • �'�� to have been given to 8orrower or Lender when g�ven�n tne manner des�gnated here�n. �:���� -•;•:� •l�rft:;�,j�•r.`,�,
<br /> ;,. exec�tl�i��e T,,,stee purs ane ta the�prov seo�ns herot be sent a tnQ Tr�stor antd Benetecaary a4 tt�e�r respe�v�ma ng �i,,.;„�`;?:.;",f±k{i{;�'y?i:; :-
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<br /> 15. Uniform Deed ot Truat;Goreroia�q law;SeveraQai019y. Tne torm ot deed of trust combines un�?orm covenants for � `i�t:• � ,
<br /> '" ��u:onal use and non-undorm covenants with limited vanat�ons by�unsd�ct�on to const�tute a umform seCUrdy instrument
<br /> cvv�eumg real properry.This Oeed of Trust shalt be governed by the law of the junsd�ction�n wh�ch the Property is located.In � i �
<br /> th�event that any prov�sion or clause of th�s Deed of Trust or the Note confhcts wrth appOcabte�aw,such conflict shell not i :�
<br /> affeCtotherprovisionsofthis0eedofTrustortheNotewh�chcanbegweneHectw�thoutthecontbctingprovis�ons,andtothis ' ' •
<br /> end the provis�ons of the Deed of Trust and the Note are deClared to be Seve�able. �; .. r.,
<br /> 18. Qorrower's Copy.Borrower shall be furmshed a c�nformed copy of the Note and of thia Deed of Trust at the t�me of '�� �'��'
<br /> execut�on or aRer recordation hereot , /��,��
<br /> 17. T�emtor of the Prope�ty;Asaumpttan.u ai�or any part ot lhe property or an tnterest therem�s sold or transferred by ��
<br /> BOrrower wdhout lendet's pnor wntten consenr,excludmg ta!the areatibn at e l�en or enc�mbrance suborGmate to th�s Deed
<br /> of Trus�(b)the cteat�on at n purchase money secunty mlerest forhOUSeholdappl�enr.f�s.(C)a transfer by dewse desCent or by
<br /> operat�on uf Ia�v upon the death of a�omt tenant or Ia)the grant ot any leaSehotd interestof three yeers or Iess not Contammg en �
<br /> opt�on to purchese.Lender may.at Lender�s opt�on,dectare alI 1t�e sums secured by th�s Deed o1 Trust to beimmediatelydue ' ;�
<br /> and peyable.Lender snalt have wa�veU such opt�on to acce�rraie�f.pnor to the saie or transter.Lender and the person to •
<br /> whom the Praperty�s to be sotd or transterrea reach agrvement�n wrrtmg that the cred�t ot such person�s sat�sfactory to , ` •
<br /> lender and thatthe�nterest payabte on the sums socured by th�s Deed of Trust shait beat such rateas Lender shaU�equest It �
<br /> � Lenderhaswawedtheoptiontoacce�erateprowdetlinth�sparagraphl7.and�t8orrowerssuccessor�n�nteresthasexecuted �
<br /> a wntten assumpt�on aqreement accepted�n wntmg by Lender.Lender snau retease Borrower irom all obfiget�ons untler this ,
<br /> Deed of Trust end the Note.
<br /> It Lender exerases such opt�on to accelerate,l.ender shall m��l Borrower not�ce of accelerat�on �n accordence w�th
<br /> paragraph 14 hereot.Such not�ce shall prowde a penod of not iess than 30 days}rom thedatethe nohce�s mailed w�th�n wh�ch
<br /> BorrOwer may pay the sums declated tlue If 8orrower fails to pay such sums pnor to the exp�ration Ot suC�penOd.Lende�
<br /> may.w�tnout further not�Ce or demnnd on Borrower.invc�ke any remedies perm�tted by paragraph 18 hereoi
<br /> 'i NON•UNIFORM COVENAHTS.Bor�ower and Le�der turther corenant and agree as tollows:
<br /> 18. Aeaeleratlon;Remediea.Except as prov�ded m paragraph 17 hereof.upon Borrower s breach of any covenem or
<br /> � agreement of Borrower�n th�s Oeed oi Trust,inclutl�ng the covenents to pay when due any sums secured by th�s Oeed ot Trust.
<br /> Lender pnor to acceleratwn shatl ma�I not�ce to Borrower as prov�ded�n paragraph t d nereof specdy�ng(1)the breac h;(2)the
<br /> action requued to Cure such breaCh:131 a dete.n�t less th�n;i0 d�ys from Ine date Ihe not�Ce�s maded to Borrower,bywh�ch
<br /> � � such breach must be curotl.and(4►that fa�iure to cure such brc:ach on or belorethe date spec�f�ed�n the notice may result�n
<br /> . •- aCCelerat�on of thesums secured by this Oeed of Trust and sale of the Property Tne noUCe snall furtner inform Borrower of the
<br /> right ta remstate atter acce�erat�on antl the r�ght to br�ng n court�ct�on to assert the non•ex�stence ot a default or a ny other
<br /> d@f@ns@ of Borrower to acCe�ersft�on antl sele Il the breach is not cured on er belore thedate Spec�lied�n thenOt�Ce.L@nd8r at
<br /> • • Lender's opt�on may declare all of thP sums securecl by this Oeed ot Trust to be�mmediately due and payable w�thoutturther
<br /> , demand and may�nvoke the power of sale and any other remed�es oerm�ned by appl�cable iaw.Lender shelt be entdled to
<br /> ColleCt atl reasonable Costs and expenses mcu�red�n piusumq the rc•med�es prov�ded�n the paragraph 18.mCtuding,but not
<br /> hmded to.reasonable attomey s fees
<br /> It thR power of sale�s mvoked.Trustee shan�ecord a nohcr u��frlawt m each county�n wh�ch lhe Ptoperry or sOme pert
<br /> th@tBOf iS10Cated end shell med copiesol such nobc�m thPmann�r��rnsc nt�eA h�•appi�cable Inw toBorrower an0 to theother
<br /> persons prescnbed by appacable iaw Afte�thr�apse���sucn nme as may bH�eqwred by appl�c8ble Iew.Trustee She�I grve
<br /> pub��C t10t�Ce Ot S312 t0 the persons and in the manner urescrib�+d h��pUi�c3blg lav� Truslee.w�thout demand on Borrower.
<br /> shall sell the Property at pubbc�uct�on to tne n�qnest b�dder�;the t�r�e and piaceand under the terms deSignated m thenotice
<br /> of sale m one or more parCe�s and m such order as Trustee may determme Trustee may postpone sale of all ot any parcet 01
<br /> the Property by publ�c announcement at the t�me ancf place of any prev�ousty schetluled sale Lender or Lender's des�gnee
<br /> ! ..�.. .,n.
<br /> ...a�a�pviv�.ouvµ .vri���j a�i ::�.'s�� -
<br /> Upon receipt ol payment of the pnc.e b�d.Trustee ahau�ri��e�to the pwct�ase�T�ustee s deed convey�ng the PropeAy soltl
<br /> � Therec�talsintheTrusteesdeedsh�ubep��mafac�eev�denceoftnetruthotthestatementsmacfethere��.7rusteeshallapply
<br /> theptoceedsofthesalemthetoliow�ngorder �a�toalireasonablecustsandexp?nsesoftheSale.includ�nq.butnotltmitedto.
<br /> Trustee'sfeesof�otmoretha� ���oftnegrosssalepr�ce.reasonabieattorney�sfeesanticostsoft�tlee���d�nce:
<br /> Ib)to atl sums secured by tn�s Deec1 ot i rusl.and Ict the exGeSS.��:�ny to the persOn or pe�sons Igg311y ent�tled th@r@to
<br /> � t9. BoROwer'e Right to pelnaiate. Notw�thstandmg�ender s acceierat�on ot the sums secured by this Oeed mr 7rus�
<br /> Borrower sha�l have the righr to have any proceedmgs bequn by Lender to entorce the Deed ot Trust discont��ued at a�y time
<br /> pnor to the eart�er to occur ot�q the t�Rh day belore the se�e of the Property pursuant to the power of sale Conta�ned m tt�e Oeed
<br /> of Trust U�)entry ot a�udgment entorcmg th�s Deed ot Trust d (a)BorroNer nays Lender al�sums which woutd be then due
<br /> under this Deed ot Trust,the Note and notes secunng Future Advances,it any,had no accelerahon occured:�b;°orrower
<br /> cures all b�eaches of any other covenants nr agreements of Borrower conta�ned��th�s Deed ot Trust Icl Ba�ro ar�r �ays atl
<br /> reasonable expenses�ncurred by Lender and Trustee enforcing the covenants a�d agree::+ents of 90 rrowercon r�^•ed:n th�s
<br /> Deed of Trustand in entorc�ng Lender s and Trustee's remedies as prowded�n paragrapn t 8 her�of.�Mqud�ng.b:;t^.-�:�imited
<br /> . to,reasonable attorneys tees.and 1d18orrower takes such act�on as Lende•r~ay reaso�au�v�e4u+r2 Yo assur�rtiar!,�e�ien of
<br /> th�s Deed of Trust.Lender's interest�n the Pionerty and Borrower s obitga^��.r to pav»�e s.ims 52cur�d t�y!r+is DEeG�of Trust
<br /> shall condnue un�mpa�red Upon sucn payme�t and cure by Borrower.th�s aeed ot 1'r��st ana Iv�e od��ganans sccur�rl nereby
<br /> � shall remam in tull torce antl ettect as�t no acce�erahon had occurred
<br /> �
<br />
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