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87-1008,11j
<br />by this Deed o} Trust immediately prior to the date of taking bears to the fair market value of the Property immediately prior to the date of
<br />taking, with the balance of the proceeds paid to Borrower.
<br />If the Property is abandoned by Borrower. or if. after notice by Lender to Borrower that the condemnor offers to make an award or settle a
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<br />claim for damages. Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to collw and
<br />apply the pi cKrods, at Lender's option, either to i estoration or repair of the Property or to the sums secured by this Deed of Trust,
<br />Unless Under and Borrower otherwise agree in writing, any such application of proceeds to principal si all not extend or postpone the dw
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<br />date of the monthly installments referred to in paragraphs I and 22 hereof or change the amount of such installments.
<br />10. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Tryst
<br />granted by mender to any successor in interest of Borrower shall not operate to release, in any manner= the haWity of the original Borrower and
<br />Borrower's successors in interest. Lender shall not to rewired to commence, proceedings against such successor or refuse to extend titre for
<br />payment or otherwise modify amortization of the sums secured by this herd of Trust by reason of any demand trade by the original Borrower
<br />and Borrowers successors in interest. - - -
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<br />1 t. Eorbearaaer by I color of a R'siy ". Arty forbearance by Lender n mercsing am. right or remedy hereunder, or otherwise afforded
<br />by applicable law, shall not he a waiver of or preclude the exercise of any such right or remedy- The procurement of insurance or the payment of
<br />taxes or other liens or _-haritcs y i.ende shall nit be a waiver of Lender's rigtxt to accelerate the maturity of the indebtedness secured by this
<br />Deed of Trust.
<br />13, Iteercdies Camahathvc..4I1 remedies provided in this DeLa or Trust are dwuna and cumulative to any other right or remedy under this
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<br />Deed
<br />Deed of Trust or afforded by law or equity, and may i e exercised concurrently. sndcpendently or succressiuely.
<br />13. Successors and AasiXtts Boated; Joint and Several 13abiNiy ; Captions. T?x covenants and agreements herein contained shall bunt; and
<br />the rights hereunder shall inure to, the respective successors and assigns of Lendea and Borrower, subject to the provisions of paragraph b? '
<br />hereof- .Ahi , :,versants and agreements of Borrower shall be joint and several. Tie captions and headings of the paragraphs of this Deed of Trusi
<br />are for : rinvemence only and are not to be used to interpret .ir defirie the proyuaons hereof
<br />11_ Vence. Except for any' notice required under applicable law to be giver in another manner. tai any notice to Borrower provided form
<br />this D-ed of Trust shall be given by mailing such notice by certified mail addrecseti to Borrower at the Property Address or at such alter address
<br />as Borrower may designate by nonce to Lender as provided herein. and tbf any T"nce to Lerider shall be given by certified mail, return receipt
<br />requested, to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower as provided herein- Am
<br />notice provided for in this Dead of Trust shall he deemed to have been given to Borrower or Lender wiser given in the manner designated barmy
<br />15. Uniform Deed of Tract: C.evwatialt Law; Gevmbiiity. This form of deed of IT st combines uniform covenants for national use and
<br />.: non-uniform, covenants with turned variations by furisdidion to constulae a umf.3rn securiry no- mxnent covering real property. This Deed. of
<br />Trim serail be governed by the taw of the jurisdiction in which the Property is to atedi. In the ea °ent :sat any provision or clause of this Deed of
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<br />. - Trtist or the 'rote conflicts with applicable Iaw, such conflict shall not affcc. other provisions ilf ails heed of Trust or -be 1vore which can tar
<br />gT"cti effect w °thout :he conflicting provision. and to this end the pr visums of the Reed of Trust and the, Note arc declared to be sevewbte
<br />14. Borrower's Copy. Borrower shall be furruslied a conformed copy oaf the 'vote and of this Deed of Trust a7 the time of vxccutitn rw
<br />affles rea?rdanon hereof.
<br />177. Transfer of tie Properly: Assumption. if ail or any part of the Property or are inter—ml rhierem is sold or transfrn-ed tier 8crrow'er
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<br />. 'wtahatri Lender's pt7GF written _onsent, excluding Doty ins cranc.n Cf $ lFett Y e'4L tturt�.T=Ce <Zt.iXJi'd7rlaie 23 thug DCaj ilf Tr',iit,. SEJI iSfi^. i 'e'&ri'tr8
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<br />2 pin. !'ACf niflncy" securer interest for household apj:- IianiC'. :Lf a '- f8rt_tf_ 4.^-f- devise- d&,_�_rit or by op- cratiort ?f lack open Tfie 'Ieath of a jm-w
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<br />tenant or ill =.t[ grant of a ^.y ;eathold interest of three Sea -Y ess lot :entwining an option to poi are, Lends eta+, st LexidQ °* zv
<br />declare all :`;e -sums secured by this Iced of Trust to be immediately' due and payable Lender ihaL' have waived such c.pe_icr, to acieekr-aie u,
<br />.. pro to me save ransffr. Lender and tht persor ^ whom :be PT-c per* � is -t be sot or t- an_ferred rcac -Agreement in w^ting that the .-edit ^f
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<br />such person is satisfactory tc Leader and the inxrest pavabie o -heitimissecirred by this Deaf of g sst shaYi bear such :ate as tender sdmill
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<br />request. If Lender has waived the option tc aiceirratc provided m .st,_ again :', and .f B,,mQ ka°'c sucxss.x in irueraa leas ext med a
<br />written assumption agreement ati-epted in writing by Lender. i der ,trail rrx se Borrower from ail obligations under this Deed of Trust and
<br />- -terse \cite.
<br />If Lender exercises such onion to accelerate. Lender ,hall mail B -suer r^ti'e : f acce}erarr_�, r rdare wan paspb es c
<br />- Such notice shall p -evade a period of not ies< than zit lays +, -. m :ire lire the not>.;'r i:. ,;.a..ied within weld!; Ber^wer. may pay the slims dtclarai
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<br />clue If Borrower talcs to pay' sil& sums prior to th- eltpiratl+Dfl ti ?: it3�.aV, per'v" I. -ender .:,ay, wt:lliFY:'. f.,irt+lrr Cn.I:aT or it..ni =EC ?'2 .)iBeQ.
<br />` t:tkillt[ any Iet- -edIrs IYrL. t :eG " \' y ^,aragraph : S htie -o- - -
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<br />SOti _,NIFORNI OO�T iA�TS. Saco lee one i_ende* f tic r- .erant and az era Iolc sus:
<br />18. Acceleration: Remedies. Except as provided it paragraph t', hereof. upon Borrowers breach of any covemsen or agreement of
<br />Borrower in tits Deed of Trust_ including the covenants to pay when dice any sums secured by ibis Decd of Trust.. Lender prior to amiaut e
<br />skiff mail notice to Borrower as provided in paragraph 14 hereof specifying' d I I the breach- M the action required to care such ivtrach. tat s
<br />date. not less that 34 days from the tdste of notice 4 mailed to Borrow". Dry which such breach west be cared: and tar that failure to care seek
<br />breach on or before the date specified in the notice may result in soctieration of the sums secured bj this Deed of Tram and sate of the Property. -
<br />The notice shalt farther inform Borrower of the right to reinsta# after acceleration, sad the right to bring a court aeaoa to assert the eon-
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<br />"istleace of a defaaht or say other defense of Borrower to aaeterattos and sale. If the breach is cut caned on or before the due specified in the
<br />notice, leader at Lender's option may declare all of the soots "cored by this -Dead of Trust to be immediately due sad payable vrithoax further
<br />- - - demand sad may si a alt Air poser of sale and any other remedies Permitted by spphmbk haw. bender Shall be rattled in S licl aB tvnoaabk
<br />cowls and ellermies mrerred in pursuing the remedies provided in this tiaratmpb 18, including. bar am limited to= reasonable attornev's It".
<br />If the power of sak is invoked. Trustee sba8 record a notice of defaah in each counts in yvlacis the Property or some part thereof is located
<br />aid shall mail copies of such notice in the manner prescribed bs applicable taw to Borrower and to the other petaoes prescribed by apppeable
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<br />`haw. After the leper of suet time as may be required by applicable law. Trustee shah) give public ounce of ssk to the persons it" in the trtaBtser ..
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<br />prescribed bs appikabk iaw. Trustee, without demand on Borrower, shall sett the Property at publk auction to the highest bidder at the rinse
<br />sod piece aid under the Perms designated in the notice of sale in our or more pamois and is such order as Trie"m mar determine. 'I mstee .rat.
<br />POOPOSe suk of ell of ace) pinch of the Property br pubik announcement at the tom, sod place of say ptr juself scheduled sale- Lester ex
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<br />Leadrr'i designee mat purchase the Property at any Side.
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<br />d pace rmipt cif PsYmeat cif the prit-e bid. Trust" then dellyer to the purchaser Trustee' +deed comveying ibt Proprrty cold. T.'t- �irs.b in
<br />rise Trusters deed shill be prima fww evitkrm of the truth or the st- teraents mIsde rherrin. Trustee Shalt spphy the prm --ry ds of the + it re the
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<br />- following corder: iii to tU rrawaabk c isu sad expenwrs of the sak, including. but not firtjted ter, J'ru%tee , fees of fits more ihat r
<br />of the grow, vain price, reasomebk atrorwv's feiv sate rtswly ref site ryfdrncr; ibf f +v all %toes +ee"trrd hs.lot, 1)revi itf It't *i; te€£f !Ti fbr ryf :Pe;, it .
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<br />- set, f- Me prr"c err Prf"ns hrgihly ",liked tmereru.
<br />1G ttfYR.1'Frf x Right 1U t emi'taT ",. .sera, p t, lr-, n c c �,_ - ,. - w ...w -, .. y rt.
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