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<br /> 9. Gondoa��notEon. The procoods o1 any award or claim lor damr�ges,direct or conscquc�tial, in conncctio�i�r�iG�s�ay ,t=,�-:w=�.-_z-�
<br /> r.ondumn�uon or othor INun�ot iho 6'ropc�rty,ar pnrt Ihc:rr.o1,ar tar canvoyanca in liau of torid9r�ui�tlun,t�ra fi;:�C�,�c.C=!„��:tl
<br /> and shall b4 pnid to Lentlor.
<br /> In Ihd e��ont ot a rotal talang of tho Proporry,l�a procaods ahall bo npplled to tho�um�ac�cur�d by I�ilo�Led c�f I ru:,t,vdii>> �..�.�..�.�.-^
<br /> ,. tho oxco�s,if any,pafd to Borrot•�Ar.In tho ovont of o partfal tei<ing of IhEt Propo►iy,uNR�s �orro�er ond l.endefr oth�rrvibe _. ____
<br /> � " � �groe in writing,�here ehnll be ap�►lied to the sums eecured by Ihls Deodol Tru,t�uch�roportlan otthapraceedaaels wqu�a!to =---
<br /> thet proportion which theamount of tho sume secur�d by thls Qeedof 7ruat Immedlately priartothedate of tflkinp Baar�to ths __
<br /> I�ir ma►ket value oi the property Immedlately prlor to th�Aat9 of taking,with the balancn qf tha proce�ie p�ld to BorrQwsr. ____
<br /> If the Property is abandonad by Borrower,or if,aftnr notico by Lnndor to Borrower tt�ut Qha condomnar otter�tU rr�akb en =-'�
<br /> awurd ar sattle a claim tor demages,Borrowor tells to re9�ontl to Lender wdhln 30�eys afterthe!tlAtO auCh natiCe ia ma�isd, �
<br /> � Lender�a authorizad to collect and apply the proceeds.at Lender's optlurv,either to reetaretion ar rep�ir A1 ths Pro�ltty or to
<br /> -- ;; the sums secured Uy fhis Qeed�}Truat.
<br /> Unless Lender and 8orrower otherwise egree in writing,eny such Appllcation ot proCeedllo princtpai alialt notextend or
<br /> _ ; - postpone the due dete of the monthly installments reterred to In paragrephs t end 2 horeof or Change the smount of euch
<br /> inst�Ilmonls. �-.._.
<br /> "' " 10. BorrowerNotRele�sfd.[xtensionotthatimeforpaymontormodificationofamortlzatlonottheaum�QeCUretlbythlb —
<br /> Deed o}Trust granted by Lender to any euccessor In interost of Borrower shall not operate to relerae,In any menner,the
<br /> � liabiliry of the original Borrower and Borrower's succossors interest.Lenderahalt not be required to comm�ncn proCeedfnga ` ° -
<br /> , against such successor or refuse to extend time for payment or atherwise modity amortization o}the surl�s seCUred by thle
<br /> Deed of Trust by reason ot any demand made by the oriAinai Borrower and Borrower's successors in interest.
<br /> 11. Forbsarance by Lan�er Not a W�fver.Any forbearenco by Lender in exeraiaing a•r�y right or remedy Iterou�der.or _
<br /> otherwisc�aHorded by applicable law,shell not be a waiver of or preclude thr�oxercfse o!eny euch►ight or remedy.Tl�o _
<br /> procuremont of insurance oi the payment of texes or other Ifens or charges by Lendershall not be a waivar of L9nder's rlght tp
<br /> accelerate the maturity ot the indebtedneas secured by this Deed ot Trust
<br /> 12. Remedta Cumulative All romedies provided in this Deed of Trust are distinct and cumuiattva to any other righi or
<br /> remedyunderthisDeedotTrustoraHardedbylaevorequity,andmeybeexetcisedconcurvently,lnde(�nclenttyorRUaa�lvely. - _--
<br /> 13. SucceseorsandA�aipns8ound;JointandSevKalLlabiAty;CapGo�j�.Thecovenanteandagregmenlsherelncontained _
<br /> ,���r� snall bind,and the rights hereunde�shell Inure ta,the respective successors and a��fgnsof lenderattd�orrowQr,subJeCtto
<br /> the prowsions of paragraph 17 hereot.All covanents and agreements of 8orrowershall be�ointend several.The capiiana and
<br /> � headings of the paragrephs ot this Deed of Trust are for convenionca only and are not to be used to interpret or defmo the -
<br /> , provisions hereoi.
<br /> � 14. Notice.Except for any notice requ�red under applicable lew to bo given in anuthermanner,(a)any notico to Borrower =_
<br /> provi�od lor in thls Deed of Trust shall be given by mafling such notice by certified mall oddressedto�orrower at the PropeRy --
<br /> ' � Addross or at such other address as 8orrower may designete by notice to Londer es provided herein,and(b)any nottae to ---
<br /> � Iender shall be given by certlfiod mail,return receipt requested.to Lender's addreso stated herein or to such other addresa as
<br /> Lender mF:y designate by notfce to Borrower as providod f�erein.Any notice provided for in thisDeed otTrustshell b9 deemad � -�
<br /> to have been given to Borrower or Lender when given �n the manner dosignated h�:rein. -_
<br /> �14.1 "Requeat for Notice.Trustor and beneficiary requestthat a copy oi any notice of default and notico of sale madd or —
<br /> executed by the Trustee pursuant to the provisions hereof be sent to the Trustor end Benaficlary et thelr respeCtive meiling l;K-�_.
<br /> add�esses set}orth above." -
<br /> - '� 75. Unllorm Deed c+1 T�uet;Govemfng Law;Severab0ity.The form of deed oi trust combines uniform covenants tor ---__
<br /> • nc�tionat use and non-unilorm covenants with limited variations by jurisdlctfon to constltute a uniform securi�fnstrument �___
<br /> ., covenng real property.This Oeed of Trust shall be governed by the law of the jutisdiCtion in whiCh thp PrGperty 9loCatod.In
<br /> she ovent thet any provision or clause of this Deed of Trust or the Note conflicts with applicable law,such confllct shall not ------
<br /> ,' attect other provisions of this Deed of Trust or the Note which can be given ettectwithout the confllcting provisions,andtu thls � �,;;`�;—
<br /> end t�e provisions ot the Deed ot Trust and the Nota ere declared to be severable. � ''�''"-__..r.
<br /> 18. Borrower's Copy.Lorrower shall be furnished a conformed copy ot the Note and of this Deod ot Trust at the tfine of ,. ;��;�;�,�,._
<br /> execution or afte►recordation hereof. '��-
<br /> ' 17. Tr�n�leT of the Property;As�umption.If all or any part of the property or an�nterest therein is sald or transferred by . `�°'�"-
<br /> Borrower without lender's pnor written co�sent,excluding(a)the creati�n ot a lien or encumbrance subordinateto this Deed ��
<br /> of Trust.(b)the creation of e purchase money secunty interest tor household applianres.(c)a transfer by devise descontor by . .-,_
<br /> operation of taw upon the death ol a joint tenant or(d)the grant of any leasehold interest of threo years or less not containing en
<br /> option to purchase,Lender may,at Lender's option,declare all the sums securAd by this Deeoof Trust to b9 immedi�tely due � ��•'°-°`�
<br /> and payable.,Lender shall,�ave v�aived such option to accelerate if,pnor to the sale ortr�nsfer,Lender and the per8on to •t,�;�
<br /> ,;_.
<br /> whom the Pro e�rtyr is t0 b�sOtd or trensferred reach agreement m wrmng that the credit of suCh person is satlsfaClory to r-�.�:
<br /> Lender andth�ttP�a iritere�Ypayabl�on the sums secured by th�s Oeed of Trust shall be atsuch rate as Lendershall request.If �� �::
<br /> , L6ndBrhaswaiv,edthepptiontoaccelerateprovidedmthisp»ragraphl7.andit8orrower'ssuccessorinfnterssthasexecuted '"'9�
<br /> a wi�tten assumption agreementaccepted in wnting by Lender.Lender shall release Borrower from ell obligatione under thls •:•�
<br /> . Deed of Trust end the Note. ����•,� •
<br /> - If Lender exercisos such optior� to accelerat�,Lender shall ma�I Borrower notice of acceloration fn acCOrdance with ,
<br /> paragreph 14 hereot.Such notice shall prov�de a penod o7 not less than 30 day3lrom the datethe notiCe is meileci within which
<br /> �{ Borrower mey pay the sums declared due.If Borrower fails to pay such sums pnor to the expiration of such penod.Lender •
<br /> may,w�thout turther notiCe or demand on Borrower,invoke any remedies permitted by pa�agraph 18 hereof.
<br /> .. � NON-UNIFORM COYENANTS.E3onower and Lender lurther covenant and ag►ee ae follo►ve: ,� ;
<br /> " � 18. AcCelerat�on;Remedles.Exc3pt as provided i n paragraph 17 hereof,upon Boirower's breach of any covenant or ' , � .
<br /> agreementof Borrowvr m this Deed of Trust.includ�ng the covenants to pay when due anysums secured by this Deed of Trust, �
<br /> ' Lender prior to acceleration shall mad notice to Borrower as provided m paragraph 14 hereof speCifying:(1)the breach;(2)the
<br /> action required to cure such breach;(3)a date,not less than 30 days from the date the notice�s mailed to Borrower.by whiCh
<br /> , such breach must be cured;and(4)that lailure to cure such breach on or beforethe datospecified in�he notice may result in
<br /> •acceleratrorrof the sums secured by this Deea of Trustand sale of the Property.TtSe notice shall furthor mtorm Borro�n�er of the
<br /> right to reinstate after acceleration and Ihe nght to bnng a court action to assert the non•existonce of a dofault or any other , •
<br /> defense of Borrower to acceleration and sale.If tho breach is not cured on or before the date specified in the notice.Lender at �
<br /> " Lender's opt�on may declare all of the sums secured by this Deed of Trust to be�mmedintely due and payable without further i ,
<br /> � " demand and may�nvoke the power of sale and any othor remed�es parmined by apphcable law.Lender shall be entnled to ,
<br /> collect all reasoneble costs and expenses incurred in pursuing the remedios orovided In the paragraph 18,including,but not
<br /> limited to,reasonable sttorney's fees.
<br /> . If the power of sale is invoked.Trustee shall record a not�ce of default in each county�n wh ich tho Property or some part
<br /> thereofislocatedandshallmailcop�esofsuchnoticemthemannerprescribodbyapplicablelewtoBorrowerandtotheother �
<br /> persons prescribed by appi�cable law.ARer the lapse of such tlme as may be requ�rod by applicabfA lew,Trustee shell give
<br /> publ�c notice of sale to the persons and�n the manner proscnbod by applicablo law.Trustee,without demand on Borrower,
<br /> • shallgellthePropertyatpublicauctiontothehighestbidderatthetimeandplaceandunderthetermsdesignatedinthenotice '
<br /> of sale in one or mora parcels end in such order as Trustee may determ�ne.Trustee may postpone sals of all or any parcel of
<br /> the Properly by public anncuncement at the time and place of any previously scheduled sale. Londer or Lender's designee
<br /> may purchnse the Properry at any sale.
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