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<br /> In the event of e total taking of tho Propeny,the proceede sheli be epp�led to the suma secured by th s eo n�st.
<br /> wtth tho exaess,It eny,paid fo 8ortowet. In the event of a pattlal tok(np�of the Propetty,uniesa Bottower and Lender
<br /> •• otherwlse agree in w�itin thero shail be eppliu4 to the aums secured by thia Deed ot Trust such pro ortion of the proceads
<br /> ' , as ia equal to tlt��tPO�(ket vatue of the property mmedlately prior to Lhe de�e of tekings wlth the balance of the proceeds
<br /> ":�' takl�beers t �
<br /> peid o Bortower.
<br /> � it the FrapertY la ebandonad by Sonower,or If.ntter notice by Lender to Bor�ower thet the condemnor offers to moke
<br /> " an award or settlo o clalm for damagea, Bonower tails to respond to Lender wfthin 30 days stter the date suct►notice is
<br /> �� � maiied, Lander ia authorized to collect and apply sL proceeds, et Lenders option, either to reatoretion or repair of the
<br /> � Property or to the sums secured by this Deed of T
<br /> � -�,� > Un�ess Lender and Borrower otherwise agree in writing,any such applicetlon ot proceeds to principel shelt not extend
<br /> 'l---�, or postpone the due date of the monthly Instal►ments referred to in peragraphs 1 and 2 hereot or ahenge the amaunt of such
<br /> :r,� installmeMS.
<br /> , �. 10. Borrawe�Not Released. Extension of the time for payment or moditicetion of amortizatton of tha sums secure
<br /> , �.,. by this Deed of T�uat granted by Lender to any successor in interest of Borrower shall not operate to retease,in any manne�,
<br /> the liebi�ity of the ariginal Borrower end eor�ower's successors interest. Lender shali nat be required to commance
<br /> proceedings agalnst such successor or�efusa to extend tima for payment or otherwise modify amorti:ation of the sums
<br /> secured by thfaBeed of Trt�st by reason of erry demand made by the originel Borrower end Bonower's successors in interest. .
<br /> 11. Farbearance by Lender Not e�Wdver. Any forbearance by Lender in exercising any right or remedy hereunder or ;,
<br /> � � othervvise aitorded by epplicable law,shail nct be a waiver of or preclude the exercise of eny such dght or remedy. '�he �-
<br /> ; r 3 pmcurement ot ir�rance of the paymerrt of taxes or other Ilens or cherges by Lender shail not be e weiver of LendePs right 4.'
<br /> t o a c c e l e r a t e the meturi t y o f t he in de b te dne s a&e c u r e d b y t h i s D e e d of Trust. �:
<br /> 12, pemsdiiq Cumutat(ve. AII reme d ies prov i de d in t h i s D e e d o f T r u s t a r e d i s t i n c t a n d c u m u i e t i v e t o a n y o t h e r d g h t _ _
<br /> _ ._. ' �•-�'�, or reme dy un der t h i s D e e d o f t r u s t o r a t f o r d e�l b y�a w o r e q u i t y, and ma y be exercised concurreMiy,independerstly ot _ __
<br /> . .� � successlvely. �-�
<br /> � 13. Succosto*a and Asatgns Bound;Jofnt and Ssverai UebUity Capttons. The covenants and agreements herein r
<br /> • '� '�t.-- cortained shali bind,�nd the dghfs hereunder shall inure to,the respect�ve succes�ors and assigns of Lender and 8ortqwer, ``�._
<br /> � ? su6Ject to the pr�visians of paregreph 17 hereof. AII covenents end egreements of Bonower shail be joint and severel. The r
<br /> ` cepttons and headirtgs of the paragrephs of this Deed of Trust are for convenience only and are eot to be used to iMerpret
<br /> _ '�•'.�: � � or deflne the provisions hereof. �'
<br /> � • 1Q. Nottce. [xcept for any notice required under applicebte Iaw to be given in another manner,te)an�y notice to �--
<br /> �, : ,, Borrower provided for tn this Deed of T�ust slieli be given by maiting such notice by certified meil eddressed to Borcower at �;�
<br /> '�� ��• the Property Address or et such other address as Borrower mav designate by notice to Lender as provided herein,and(b1 -
<br /> _ ���',',�,� eny notfce to Lender shail be given by certified mail,retum�eceipt requested,to Lenders address stated herein or to such ��_
<br /> „ other address es Lende�may designate by notice to Bonower as provided herein. Any rtotice provided for in this Qeed of _
<br /> ' Trost shali be deemed to heve been g(ven to Bonower or Lender when given in the menner dosignated herein. e-__
<br /> 'n� •14.1 'Request tor Nottce. Tn�stor arxl t�eneftderp request that a copy of any�otice of default and notice of sele made
<br /> y��•, •, or execxited by the Tiustee pursuant to the provistons hereof be sent to the Trustor end Beneticfary at their respeetive meUing __
<br /> - eddresses set foRh ebove.' -
<br /> -•: ��. !��wri�t Tn�st=Govemina lenr:Seve►ebitihr. The form of deed of trust combines uniform covenents for _
<br /> "`��'��" ne*iortal use and non-uniform coveneots wrth Iimited veriations by luflShcCt10D t0 COnstitutB e unifnnd sesCUiit}i iil5tiutri8iii -
<br />�;�:�,?.�,, ? � '� covering re�l propeRy. This Oeed oi Trust shait be governed by the!aw ot the iurisdiction in whlch the Property is toceted. �
<br /> �:=. ..fi.?. � In the event that a�l provision or ctause of this Deed of Trust or the Note eonflicts with applicabte law,such conflict shall
<br />=` ��- -• ` • not effect other provisions af this Deed of Trus4 or the Note which can be given eNect without the confltcting provisions,
<br /> - � and to this end the provisions of the Oeed o1 Trust and the Note are declared to be severabie.
<br /> _ � � � 18. Bonow ds C o p y. 8orrower s h a t l be fu r r►i s h e d a c o n f o r m e d c o p y n f t h e N o t e end ot this Oeed of Trust at the time
<br />�:_;���,_:�u�..� ot execution or after recordation he�eof. -
<br />__-�_,��.^�_. ��, Y�eu►e�oE ths�erty;Assumption. It all or ar�y part of the property or an interest thereio is sotd or transfarced
<br /> = - -..�,,,a by BoROwer wittaut Lende s pdor wntten consent,exciuding(aI the creation of a N�n,q�encumbrence subordinate to this
<br />,�s�r�„�� Deed of Trust, (bf the creation of e purchese money secur�ty rnterest for househo d appliences, tc)o transfer by davise _
<br />�,: , descent or by operatton of taw upon the death of a joint teneM or(dt the grani of any leasehold interest of t0�ree ysers or -
<br /> _. r_.:��.s ��n��orneinirg en option topurcha�e,Lender may,at Lender's opdon,de�iate e�l the sums secured by this deed of�ag _.
<br /> -:�^:�i"=�;� to be immedletery due and payabte. L.er�der shali heve waived @u�. ,Op#q�E4��S a if�pdor t0 the sale or transfer,
<br /> _=-=`��r�__ end thapersor►to whom the Property is to be sold or transferred�Feach agreeme�in writing thet the credit of such person
<br /> �,._=rmW�� is seNsfactory to Lender and that the interest payable on the sums secured by this DeBd nf Trust shall be at such rate as
<br /> =--�:--��.� Lender shail request. if Le�der has waived the optlon to accelerate provlded In this parapraph 17, and if BoROwePs s
<br />--�-���-� successor in i�terest has executed e wtitten essumption agreement accepted in writing by 4.ender,Lender shap release
<br /> ---��-rr,;.;;,;�:;�� Borrower from ail obitgations under this Deed of Trust and the Note.
<br /> —�� if Lender exerctses such option to accelerate, Lender sha�l maii Borrower notice of acceteretion in accordance wlth
<br /> �.� paragreph 14 hereof. SucN rtotice shali provide a period of not tess than 30 days irom the date the notice is maiied within
<br /> � - Lend m y,wwittroYut�fuitAer notice or�demend on�Bot�iower f invoke any remedte�s perpmittetd�by peragreph 18 heieof. �od,
<br /> -_- - -"'�� NQN-UNIFORM COV9�ANTS. Borrowar a�xi Lewc�te►funher covenant and agree es foUowa: - _
<br /> '� - 1&Aaxtaredan:Ramedtes. Except as provided in paragraph 17 hereot,upon Bonower's breach of any covenant or
<br /> � agreement ot Borrower in this Deed ot Trust,i�ctuding the covenants to pay when due any sums secured by thfis Oeed oi
<br /> -� Tnrst.L.ender Qsior to ea:eteration shali mait mtice to Borrower as provtded in paregraph 14 hereof apecitytng•t7)the breach; -
<br /> -----�-`�'�'� 121 the actfon�eqidred to cure such breach;(3)e date not less than 30 days fram the date the nodce is mailed to Borrower.
<br /> by which such bresch must be cured:and t41 that faiture to cure such breach on or before the dete spBCified In the notice
<br /> �.,,,.,,�..,��� may resutt in aaeieretfon of the sums secxired by this Deed of Trust end se�e of the Property. The notice shalt further inform
<br /> --���� 9orrowe�of the dgM to reinstete after acce�e�etion and the right to bdng a court action to assert the nornexistence of a
<br /> -_:��� detautt or any other defense of Borrower to accele�etion end sele. tf the breach is not cured on or before the date specifi�d
<br /> _.�_:T,�=v�=- _� in the notice,t�de�at Lenders option may dectare ati of the sums secured by this Oeed of Trust to be immediately due and _
<br /> payabla wtthout fuRher demend end may invoke the powet of sate and ar�y other remedies permitted by applicabie taw. --
<br /> - `s`��?�g Lender shall be entitte�to coilect ail�easonable costs and expenses incuned in pursuing the remadies provided in the
<br /> -..�_�::�,c-., �-
<br /> _- • r.•.� . paragraph 18, inc►uding,but not limfted to,reasonable attomey s fees.
<br /> -:�'°���"�'-"- If the power of saie is invoked.Teustee shsll record a nottce of detautt in each cour�ty in which the PropeRy or some pan !"��
<br /> ;^. ,<<.•: thereot is tocated and shalt mal copies o'P such notEce in the manner prescribed by appliceble taw to BoROwer and to the other .__
<br /> - p e r sons presaibed by e p p licabte taw. Af4er the tepse of such time as mey be required by applicahte lew.Tnistee shall gove � -
<br /> _ ^ .� pubiic notfce of sete to t h e persons end in t h e manner presc�i b e d by app lica b te I aw. T r u s t e e,w i t h u u t d e m a n d o n B o r ro w e r, ��,-_
<br /> � shall seil the Property at public euctfon to tt�e highest bidder at the time end p18ce and under the terms designated In the
<br /> ,, notice of saie tn one or morep8rcets and in such order as Trustee may determine. Trustee may postpone sete of aq or any �_ .;
<br /> � ,�• parcel of the Property by public announcement et the time end piace of any previousty scheduled sefe. Lender or Lenders
<br /> - _ : _ designee mey purchase the Property at any sale.
<br /> llpon recelpt of payme�of the p8ce bid,Trustee shati deliver to the purchaser Trustee's deed corneying the PropeRy
<br /> • ". .,, ectd. The�eptats in the Trostee's deed shell be prime facie evidence of the truth of the statements made therein. Trostee �
<br /> __�_s��.�w1�...t........ie..tsf�n sll�nncnnehin���rc n.�o,rnansar nt the sate_incittd[nn.
<br /> bI1811 8j1p [ri6 PRGOGLS 4i titD oato o����v w..vv..y v.w...a..�...�...�_.._._ ___'__"__"�' ' - ,_
<br /> � .'.� but not limite�!to,Tnistee's fees of not more than 9b of the gross sate p►ice,reasonable attomey's feces and cosis ,
<br /> - -� � of tRte evidence;(b)to atl sums secured by this Oeed oi Tnist;and tc1 the excess,if any,to the person or persons legatty
<br /> i� .. entitied thereto.
<br /> • 19. Bortowe�'m Right to Rdnatate. Notwithstanding Lender's acceterattan of the sums secured by this Oeed ot Trust, s
<br /> Borrower st�ail have the dght to haveer►y proceedings begun by Lender to enforce the Oead of Trust discontinued at any time
<br /> prior to the earii�to occur of p)the fifth day before the sele of the Property pursuant to the power of sete contained in the
<br /> � Deed of Tnut tiil er�y of a judgme�enforcing this Qeed of Tnrst if: ta)Borcower pays lender ail sums which wau�d be then
<br /> - due urtder this Desd of Trust. the Note and notes securing Future Advances, it arry, had no acceleretion occuned: ib)
<br /> Botrowa cutes ell breaches of eny other covenaMs or agreements of Borrower contained in this Deed of Trust:(c1 Borcower
<br /> ' pays all masonaCie expenses Incumed by Lender end Trustee enfordng the covenants and agreements of Borrower contetrted
<br /> �• in this Qeed of Tn�st and in entorcing Ler►ders and Trustee's remedfes es provlded in paregraph 18 hereof,inc�uding.but not
<br /> - �� limited to,�easonable attorrtey's tees;and(d)Borrower takes such action as Lender mey reasonabiy require to assure that
<br /> ,, the lien of thts Oeed ot Tnist,Lenders Interest in the Property and Borrowers obiigatian to pay the sums secured by this
<br /> � Oeed of Trust shail corttinue unimpaired. Upon such payment and cure by Barrower,this Deed o}Tnist and the obtigetions
<br /> - secured hereby shall remain in fuli torce end effeat as if no acceleretion had occurred.
<br /> --f cc�oastaraet 3
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