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<br /> 9. Candamnatlon.7he praceeds nf any award or claim(ar darnages,dir�ct or consequential,in cannaction with any
<br /> condemnaiion or other taking af the Property,or part thsreot,or for conveyanca in lieu oi Condemnat(on,are hereby assigned
<br /> and ahail be pald to Lender,
<br /> " In the event of a to4al taking of the Prvperty,the proceeds shall he applied to the sums secure�by this Deed of Trust,with
<br /> � lhe excess,if any,paid to Borruwer,In the evant oi a pertial taking of the Properry,unless Borrower and Lender otherwise
<br /> i agree in writing,there shall be applied to the sums secured by chis peed of Trustsuch propprtion af the prpceeds as iS BqUal to
<br /> { that proportion which the amount pf the sums secured by this�eed af Trust immediately priorto tha date p(taking bears to the
<br /> ' fair market value af the property immediately prior to the date of taking,with the balance of the proceeds paid to Borrawer,
<br /> If the Prnperty is a�andoned by Borrower,or it,after nptice by Lender to Borrower that the condemnor oHers to maka an
<br /> award or settle a cl�im for damages,Borrower fails to respond to Lender within 3n days after the date such natice is mailed,
<br /> Lender is authorized to collact and apply the proCaeds,at Lender's option,either to restoretion or repair of the Property or to
<br /> i the sums securod by this I7eed qf Trust.
<br /> Unless Lender and eorrower otherwise agree in writing,any such application oi proceeds to principal shall not extend or
<br /> postpone the due date of th�:manthly installmants referred to in paragraphs 1 and 2 hereaf or change tha amount of such.
<br /> installments.
<br /> ifl. Borrawer Noi Releaced.Extension oi che time for payment nr modificatian of amortization.oi the sums secured by this
<br /> Deed ot Trust granted 6y Lend^.r ta any successor in interest of Borrower shsll not aperate to release,in Any manner,the
<br /> liability oi the original Borrnwer and 8orrower's successors interest.Lendershall not be required to commence prpceedings
<br /> against such successor or refuse to extend tima for payment or ptherwise modify amortization oi the sums secured by this
<br /> bc.ed a(Trust by reason of any demand made hy tha original Borrower and Borrawar's succsssors in intereSt..
<br /> 11. Forbearance by Londer Not a Waiver.Any farbearance by Lender in exercising any right Dr r�medy hereundpr,or
<br /> otherwise attorded by applicable law,shall not�e a waiver of or preclude the exercise of any such right or remedy. �ne
<br /> procurement of insurance of the payment of taxes or other Ilens or charges by Lender shall not be a waiver of Lender's right to
<br /> accelerate the maturiry oi ttie indebtedness secured by this Deed pf 7rust.
<br /> 12. Remedfes Cuma�laNve All remedies provided in this Deed of Trust are distinct and cumulstive ta any other right ar
<br /> remedy under this Deed of 7rust or aHorded by law or equity, and may be exercised cpncurrently, independently or
<br /> successively.
<br /> 13. 5uccesso:s and Asaigns 8ound; Joint and Several LIablYity; Captiona. Tha covenants and agreements herein.
<br /> cantained shall bind,and tlie rights hereund�r shall inure to,the rvspective successor5 8nd assigns ol Lender and Borrawer,
<br /> subject ta the provisions of paragraph 77 herenf.All covenanis and agreemencs of�arrower shall be joint and savaral.The
<br /> captions and headings of the paragraphs ol this Deed of 7rust are far convenience anly and are not to bo used to interpret or
<br /> de(ine the provi�ions hereoS.
<br /> 14. Noifce.Fxcept for any r vtiGe required under applicable law to be given in anotl�er manner,(a)any notice to Borre ver
<br /> proviclod for in this.peed ot Trust shaU be yivun 6y mailing such nptk:o by certi(ied mail addressed to Borrowar at the Property
<br /> Addrsss or at such other address as 8orrower may designate by notice to Lenderas pravided herein,and(b)any notica to
<br /> lencler shall he givsn by carlified mail,return raceipt requested,to Lender's s�ddress stated harein or to such othar�ddress as
<br /> Lendor may design�te by notice to 8orromrer as pravided herein.Any notice provided(or in thin Daed ot Trust shall be dsemed
<br /> ta have boen givon lo F3orrower qr l.ender when given in the mannar de5ignated herein.
<br /> 95. Unlform C►esd ot Trust; Gov�rning Lew; Seaerabdllty.The tarm of daed of trust combines unitorm c4venants tor
<br /> naiional use and nan-unitorm covenants�vith Iimited variatians by Jurisdiction to constitute a unilprm securi.ry Inatrument
<br /> covering rr�al property.7his Daad o}Tr�ist shall be govemed by the law of the Jurisdicllon in which tha Fraperry is locatqd.In
<br /> the event theat�ny pravislan br clausa ai this�eed of 7rust or the Note conllicis with applicable law,such conllict shail not
<br /> afiect�ther provisions of this Deed vf Trust or the Note which can be given etlect withoullhE conflicting provisians,and to this
<br /> end the provisions of the peed af Truat and the Note are dnclared to be severable.
<br /> 16. Borrower'�Capy.6orrawer shali be furnish�d a conformed copy ot the Nota and of this Deed o(7rust at the time of
<br /> executipn or after recordatiqn hereof.
<br /> 17. Transler af the Proper;y;Aasumptlnn.If all or any part ot the property or an interest therein is sold or transferred by
<br /> E3orrower withaut Lender',prior written consant,excluding(a)the creation of a lien nr encumhranc9 subardinate to this Deed
<br /> ot Trust,(p)the creation af a purchase money security Interea!for hpusehold appliances,(c)a transtar by devise descent or by
<br /> operatiar,o(Iaw upon the death of e ioinHenant vr(d)the grant o(any le�sehold interest�f thrpU yaars or less not containing an
<br /> option to purchas�,Lender may,at Lender'�nntipn,d8clare all the sums gecured by this peed of Trust to ba imm.ediately dua
<br /> and pay�aqle.Lender ahall have wnlvod such nption tp accelerata if,pripr.tp the sala pr tranafer,Lendar and the p9rson to
<br /> whvm the Property is to be sald or tranaferrad reach agreement in writing that the credit of such person is satisfactory to
<br /> Lender and that the interest payablo on the sums s�cured ay this DApd of Trust shAll be at such rr�te as lender shall request,I(
<br /> Lender has waived the option to accelerate provided in this par�agrnph 17, and if Bprl'owar's suce6ssor in int�rqst has
<br /> executed a written assum�tion agreement accepted in wri�ing by Lender,Lender shall reloasa Bprr�wer Irpm all obligations
<br /> und�r thi5 peed af'frust and the Nole.
<br /> If Lender exercises such oplion to�ecr�lerate, L.ender she�ll mail Sorrower notice ol acceleration in�ccordnnce with
<br /> paragraph'I4 hervaC Such nodce ahall provido a perlod al nAt IrasS th�an 3p daya frpm lhe dAte iha natir.e is mailed within which
<br /> Borrower mmy pAy the sums declared due.If Borrpw6r(uils to�ay�uch sums prlar to Ihe expiration ol such poriod,Lender
<br /> may,without(urthar notice or dam,�nd on Borrower,invoke any remer�ies permiqed by paragraph 18 heroof.
<br /> NAN-LtNt�pRA�1 COV�NpNTS.Bprrpw�r,nnd Lander lurfhar cpvenant and egrae aa lotlows:
<br /> ia. Acx�leratlon;Remedlea.Excapt as provided In paragraph.l7 harool,upon E3orrowar's brqach a�any covenant pr
<br /> agreament of Borrowar in thia Dead af Trust,Including tha covenAnts ta pc�y when dua Any sums secured by this Daed olTrust,
<br /> Lander prior to accoleratipn shall mail notic8 to Borrower es provided in paragraph 14 heraol specityIng:(1)tha breach;(2)the
<br /> action required to curQ such breach;(3)a d�tv,not less thnn 30 days from the date�lhe nntico Is m�ilec)�o Borrower,6y which
<br /> such breach must be cured;nnd(4)that fAilure to cura such broach pn orbofare ihe dAte specified in the notice mAy rpsult in
<br /> acceleration af 4he sums;ecured by this qeed oi 1'rust�nd sale ot the Property,The notica shall turthor inform porrower ol tha
<br /> right to reinstate aNer acceloration and the right to bring a court action to Assert the nvn-existance of a da9ault or any other
<br /> defense o(aorrowerto acceleratlon And sats,If the b�each is nnt cured on qr befare tha date specilied in the natice,Lender at
<br /> L.ender's optian may declare all of the sum5 secured by this Daod ol Trust to be immediataly duo and pbyable without further
<br /> apmand and may Invoke tha powor ai sale and any other remedlea parmitted by Applicabla law,Lender shall be erilitled to
<br /> c��llect all reasonable costs and expenses incurrod in pursuing the ramedies provided in the pr�rc�graph 1 B,including,but not
<br /> Iimited to,reasonable altornoy's fees.
<br /> If thv powar of sale is Invoked,TrustQe shall rocord a naUce ot dotAUlt in each cqunly in wf�ich thq Proparty or some par�
<br /> therPOl is localod and shAli mail copies of such natice in the m�annar�arescribed by applical�le law to Borrowvr and to the other
<br /> persons prescribed by applicable taw,Aiter the lapse ol such timo ps may 6o raquired by e►ppiicable law,Trustea shpll give
<br /> public noticr�of snle to the persons and in the mannar prescritaed l�y applicapla law,7rustee,withaut demand on Bprrower,
<br /> ahall sell lhe Pruperty at pubiic auction to the highest bidder qt tha time and placeprid i�nder the tarms dasignAted in the notica
<br /> of salo In one or morca parcqls�and In such order Qs Trustea may determine.Trustee mey postppne sale pf all or qny parcel pi
<br /> the C'roparty by public annauncement qt lhe tlme and place of any proviously schedulad sale,Lender or Landor's designep
<br /> may purchtase the praperty at any sate.
<br /> Upon receipt of payment ol the price bid,Truatea shall deliver to the purchaser Trustee's deed conveyin�Ihe Praperty sold,
<br /> The recitals in the Trustee's deod shall be prima(ncia evidance ol the truth vf the statements made therein.Truslee shall apply
<br /> the proceeds of ihe sala in Ihe fnllowing order,(a)to sll reasonable costs and expenses ot the salB,including,bul not limited to,
<br /> 7rustee's feos af not more than 44,oi the qross sale price,reasonabla�attornay's lees and cosls oi tiUe�vidence;
<br /> (b)lo all sums secured k�y this Doed p(Trust;and(c)the excess,il any,tn the person or persoqs legally entitled thereto,
<br /> 19. Qorrower'a iilght tn Reinafate. Natwithstanding Lender's accelerhtian af the sums secured by lhi;Deed ol 7rusL
<br /> Borrpwer shatl have tho riyht to have any praceadings begun I�y Landor to enforco thP Deed pf Trust diseqntinuad at nny time
<br /> prior tn the oarlier tp occur af(i)th�a firih day before the sale of the Property pursuan!'u tha power of s�le conlained in the peed
<br /> ot Trust(ii)entry af a judgment enforcinq this Deed vi Trust it;(a)Borrqwer pqys Lend�r�II 8ums wh�ch would be Ihen du�:
<br /> under this pesd o(Trust,the Nate and natea::ecuring Fulure Advances,if any,hAd no ecceleration occured:(6)Borrawer
<br /> cures all breaches ot any pther covpnants or aqreements oi Borrower contained in this Deed ol TruS►:(c)eorrower pays all
<br /> r�as�nable expenses incurred 6y Lenderand Truslee enfprcing the covenanls and agreements qf 8orrower cantair7ed in this
<br /> Oeed oiTru:�tand in enforcinp Lender's end Trustee's remediesas provided in paragrAph 1$herept,including,but not limited
<br /> tp,reasonable attorney's fees;qnd(d)Borrower tpkes such action as Lender mny roesonably requiro tq nssura that the lien ol
<br /> this peed ot Trust,L,ender's intprpst in Iho Property and eorrower's obligatlon to pay the sums secured by this Deed ol7rust
<br /> 5hall cantin�o unimpo{red.Upon such payment and cure by Borrower,this�eed o(Trust and the obli�ations sqcureu I�ereby
<br /> sht�ll remain in fuli(orce and effect ns if no acceleration had occurred_
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