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<br />197-- 102183
<br />by this Diied of Taut immediately prior to the bate 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
<br />claim for . Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to collect and
<br />apply the proceeds, at Leader's option, either to restoration or repair of the Property or to the sums secured by this Doti of Trust.
<br />Unless Leader and Borrower otherwise saw in writing, any such application of proceeds to principal shall not extend or postpone the due
<br />date of the tnantWy, installments referred to in paragraphs 1 and 2 hereof or change the amount of such installments.
<br />10. brrerrn Not BalaaaN. Extension of the time for payment or modification of amortization of the sums secured by this Reed of Trust
<br />granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and
<br />Borr'ower's sins in interest. Larder shall not be required to commence proceedings against such successor or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the original Borrower
<br />and Borrower's successors in imermal,
<br />11. Forbearance by Lanier Note Wafter. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applicable law, shall not be 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 charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this
<br />Deed of Trust.
<br />12. liDSeifs Cmnuhpve. AB remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this
<br />Dad of Trust or afforded bylaw or equity, and maybe exercised concurrently, independently or successively.
<br />13. Sucomm and Amim bemd; leW tad Sn" Lhddfty; Captious. The covenants and agreements herein contained shall bind, and
<br />the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17
<br />hereof, All covenants and agreements of Borrower shall be joint and several. The captions and headings of the paragraphs of this Deed of Trust
<br />are for couve fence only aod are not to be used to interpret or define the provisions hereof'.
<br />14. Nodee. Except for any notice required under applicable law to be given in another manncf, (a) any notice to Borrower provided for in
<br />this Dead of Trust shall be given by mailing such notice by certified mail addressed to Borrower at the Property Address or at such other address
<br />as Borrower may designate by notice to Lender as provided herein, and (b) any notice to Lender 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. Any
<br />notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />15. UnMots Dad of TnN; Governing Law; Srveralsiffilty. This form of deed of trust combines uniform covenants for national use and
<br />non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Deed of
<br />Trust shalt be governed by the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Deed of
<br />Trust or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Deed of Trust or the Note which can be
<br />given effect without the conflicting provision, and to this end the provisions of the thed of Trust and the Note are declared to be severable.
<br />16. So own a Copy. Borrower shall be furnished a conformed copy of the Note and of this teed of Trust at the time of execution or
<br />after rocordation hereof.
<br />17. Transfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Borrower
<br />without Lender's prior written consent, excluding (a) the creation of a lien or encumbrance subordinate to this Deed of Trust, (b) the creation of
<br />a purchase money security interest for household appliances. (c) a transfer by devise, descent or by operation of law upon the death of a joint
<br />tenant or (d) the grant of any leasehold interest of three years or less not containing an option to purchase, Lender may, at Lender's option,
<br />declare all the sums secured by this Deed of Trust to be immediately due and payable. lender shall have waived such option to accelerate if,
<br />prior to the sale or transfer, Lender and the person to whom the Property is to be sold or transferred reach agreement in writing that the credit of
<br />sekh parson is satisfactory to Lender wW that the interest payable on the sums secured by this Deed of Trust shall be at such rate as Lender shall
<br />request. If Lender has waived the lion to accelerate provided in this paragraph 17, and if Borrower's successor in interest has executed a
<br />written assumption agreement accepted in writing by Lender, Lender shall release Borrower from all obligations under this Iced of Trust and
<br />the Nate.
<br />If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof.
<br />Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared
<br />due. If Borrower fails to pay such stuns prior to the expiration of such period. Lender may, without further notice or demand on Borrower,
<br />invoice any remedies permitted by paragraph 18 hereof.
<br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />IS. Aeodaedom; Remedies. FAcW as provided In ponsignatels 17 hereof, upon Borrower's breach of Day covenant or agreement of
<br />Borrower a Mies Deed of Trod, Including she covwW to pay when due any sums secured by this Deed of Trust, Leader prior to acceleration
<br />deaf =0 under M No own s ptovldad in peragtwpth 14 her"A specifying: (1) the breach: (2) the action required to cure such breach; (3) a
<br />dame, adN Iss design 30 days frog die dome of notice Is M" to Borrower, by which such breach most be cured; and (i) that failure to cure such
<br />Motor i as or b"e do deft a ore neUce say rat In acceleration of the sums secured by this Deed of Trust and sae of the Property.
<br />Tie nadee sons D'aedia ators beaver of pre rt M to rdwFho after acceleration amid the right to bring a court action to assert the mom -
<br />e;deaws of a de(*ult or any ova defense of Barrowes to acceleration and milk. If the breach Is not cured on or before the date spedfled Is the
<br />sops, Lender at Loaders option stray 1e 1 ad of the Declared by this Deed of Trust to be immediately due and payable without further
<br />daatad and amp Invoke ore Pena of foe and OW other reseeBs psradtted by Dppkabe law. Lender shall be entitled go collect all reasonable
<br />caste and et/eaeM I trrred a ptuaehfg Nag nnedbs pier to thin parsgrag►h It), inchudlug, but not limited to, reasonable alroruty's fees.
<br />If do peon of sle N av*W, Trades oW .sword a soda of default in each county In which the Property or some part thereof is located
<br />and faaB rmaB enpial of ands mopes a the aqua by appigesibie taw to Borrower and to the other persons prescribed by applicable
<br />kw. Aflw do MW of tlmeb but as mqy be niogisdred by low, Trustee shah give public notice of sae to the persons and to the manner
<br />pw 1 0 'by opdp &" aw. T'raDSee, without dgsud oar Borrower. puts sell (be Property at public auction to the highest bidder at the time
<br />sold Paige send nder doe Nils dslpoM/ In Of model of ace to am or micro parcels and In such order as Trustee may determine. Truster may
<br />peop g sells of A er my pared of dot Property by /mbar announcement at the time and place of any previously scheduled sae. Leader or
<br />Lomb 'a lodes cur ptD A per PrePerty, ni eny sic.
<br />UPae legal" of poluM More Prhg bed. Truster to the pardoner Trustee's deed conveying the Property sold. The recftais in
<br />Dsn Tr1eNg'D dead eW be plume funk evidence of the troth of the stimiaments dude therein. Trustee shall apply the procreds of the sale In the
<br />Warning oodsr (a) to an rawammbk t cad• and Dew of The tatie. Including. but not Netted lo, 'Trustee's fees of not more than ... - 3 _ . a:,
<br />Of 1111 guns Uk pis, YONO t bb r{Nemarey'a few MM COM M title evidence; lb) to all somas secured by titter fired of Trust; and (c) the exerts,, If
<br />Mr. W roe perau nice pwmm legally tberaao.
<br />h. 8wrowIties eta RWnftW. "withstanding L aWcr's acccleration of the sum,,voi red he reus Lard of ITust, ttnn„wcr ,Ica It iui f
<br />the night to have say begun by Lender to enforce this Reed of Trust dis, anti hued w ans lime nr,or to d c earlier i„ ,k, of -,t W111,
<br />f)flhday before the of the Property pursuant to the parwer of salt ci >matnrd in dots 1 )eed of dust nr iu1 rntn M o tndxn,rn er,t.•r•. inx ohs,
<br />tvied of Tlusd if: la) llmt~ pays tender 4 warns which would he there nine un,irt IN, leee,l set I Frw.:hr Note and n <f, ,r, 'r,a t !turf
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