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by thl/ Deed of. 8" '� 102660
<br />Trust immediately prior to the date of taking bears to the fair
<br />market value of the Property immediately prior to the date of
<br />taktrig, with the baiutce of the proceeds paid to Borrower.
<br />If the Property is abtundotiad by Borrower, if, after notice by Lender, to Borrower that the condemnor offers to make an award or settle a
<br />claim for datpyw' Borrower ftalt to resp0111141 to Lender within 30 days after the date
<br />such notice is mailed, bender is authorized to collect and
<br />apply the Proeeed/, at Lender's option, either to nruoration or repair of the Property or to
<br />the sums secured by this Deed of Trust.
<br />Unless Leader and Borrower otherwise Well in writing, any such application of proceeds to principal shall not extend or
<br />eats of the monthly tNeallments referred
<br />postpone the due
<br />to in paragraphs 1 and 2 hereof or change the amount of such installments.
<br />llarwsrar Norte a"//4, EirleNSlOn of the
<br />SMWI@.
<br />time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />W by Lender to any s in interest Of Borrower shall not operate to release, in
<br />'
<br />/T
<br />any manner, the liability of the original Borrower and
<br />suooemors in interest. Lander shall not be required to commence
<br />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
<br />and Borrower's PXXO /or/ in interest.
<br />i
<br />original Borrower
<br />11. F"b wlm by Lawn Not a WSIM. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by APPIlo k law, shalt rM be a waiver Of or
<br />preclude the exercise of any such right or remedy. The procurement of insurance or the payment of
<br />taxes or other lien: or charges by Lender shall not be a waiver of Lender's right to
<br />Deed of Trust. accelerate the maturity of the indebtedness secured by this
<br />a ig/ousN Cum"". All remt dries Provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this
<br />Deed of Trust or afforded by law or equity, and may be exercised
<br />concurrently, independently or successively.
<br />13. SNasn/a and Aseign Burned; Jett soli Several
<br />the rights hereunder ' tiO°s- The covenants and
<br />shW inure to, the respective agreements herein contained shall bind, and
<br />essors and assigns of Lender and Borrower, subject to the provisions of paragraph 17
<br />hereof. All covenants and ads of prowe
<br />Borrower
<br />If
<br />are for
<br />shat! be joint and several. The captions and headings of the paragraphs of this Deed of Trust
<br />only and arc not to be used to interpret or define the provisions hereof.
<br />14. Nudes. Except for any notice required under applicable law to be given in another manner, (a) any notice to Borrower provided for in
<br />this Deed Of Trust shill be Sim by maWt such notice by certified mail addressed Borrower
<br />to at the Property Address or at such other address
<br />as Borrower May dgdgiue by notice to leader as provided herein. and
<br />��� � lmder,s address stated (b) any notice to Lender shall be given by certified mail,
<br />herein
<br />return receipt
<br />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
<br />1S. Lender
<br />or
<br />Uni[irm Deed of Trap; Goyromi g Law;
<br />when given in the manner designated herein.
<br />iii- uniform oorsoNats with �� vaniatioaa Sr'erNh�q. This form of deed of trust combines uniform covenants for
<br />national use and
<br />by to constitute a uniform security instrument covering real property. This Deed of
<br />Trust shall be Boverited by the law of the jurisdiction in which the property is located
<br />In the event that any provision or clause of this Deed of
<br />Trust or the Noe rnaflicts with applicable law• such rnnflict shall not affect other provisions of this Deed of Trust or the Note which
<br />given effect without the corm zing Provision,
<br />and to this end the can be
<br />16. llerrNw/r'/ Copy. Borrower shall be f provisions of the Dad of Trust and the Nets are declared to be severable.
<br />in niched a conformed copy of the Note
<br />after recordation hereof. and of this Deed of Trust at the time of execution or
<br />17. TeNNder of tie !story; Amemsp m. If all
<br />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
<br />subordinate to this Deed of Trust• tb) the creation of
<br />a purchase money security interest for household aPPliaaces, (c) a transfer by devise, descent or by operation of law u
<br />taiaat or (d) the gtwrnt of say d interest upon the death of
<br />teriene r
<br />groin of a
<br />of rhea a joint
<br />Years or less not containing an option to purchase, Lender may, at Lender's option,
<br />�: by this Deed of Trust to be immediately due
<br />and payable. Lender shall have waived such option to accelerate if,
<br />Prior to the sale or ttaaafer, Lender and the pawn to whom the property is to be
<br />sold or transferred reach agreement in writing that the credit of
<br />such Person is utisfactory to Lender and that the interest payable on the sums secured by this Deed of Trust shall be at such
<br />requC6t If Lander has waived the
<br />rate as Lender shall
<br />OP11011 to accelerate provided in this paragraph 17, and if Borrower's successor in interest has executed a
<br />sanasptioN agreement accepted in wnattg by Lender. Lender
<br />i'-
<br />the Note. shall release Borrower from all obligations under this Decd of Trust and
<br />,
<br />If Lender ermciem such option to accelerate,
<br />Such itotia shall Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof.
<br />Provide a period of not less than 30 days from the date the notice is
<br />,
<br />mailed within which Borrower may pay the sums declared`
<br />due. If Borrower fails to pay such sirens prior to the expiration of such
<br />invoke any remedies permitted byparagraph 18 hereof. period, Lender may, without further notice or demand on Borrower,
<br />NON - UNIFORM COVENANTS. Borrower and Lender
<br />further covenant and agree as follows:
<br />18. Aooduftlatt; Rome". RZOW ac provided IN paragraph 17 hereof,
<br />■
<br />DarNwer'r tW lllssd of Trust, pea Borrower's breach of any covenant or agreement of
<br />d" ttwY btdN4iag she eOVeasots to ply *lea dire any sums soured by this Deed of Tract. Lender prior to iiccekntloa
<br />Y
<br />gromigiVis 14 Yveof spedrylag: (1) the breach; (2) Me action required to cure such breach; (3) a
<br />4Ne, tt01 lm teas 3g Notice le aaaled 10 Borrower. by which
<br />hraNOh
<br />x hM such breach most be caned; and (4) that failure to cure such
<br />/peitW IN the Notice essay rust he aeedeatloa of the sums secured by Ibis Deed of Trust and sale of the Property.
<br />The tsttdoe sheg roord /r iNter� BOrrewer Nf Oe d&
<br />se relaat #e after Week"doa and the
<br />-1.. "" of a 401N O err sett other define of riglil to bring ■ Court cation to assert the
<br />BOrfasrR
<br />aoN-
<br />1+/N�r �/
<br />to iioaiemdes and sac. If the breach ts sot ca red oa or before the date specified In the AM forrebe Me power of
<br />apdm way decline erg of the wi secured by this Deed of Trust to be immediately due and psyabie
<br />Wile NW MW without further
<br />now e o other remsda permitted by applicable law. Leader shag be entitled to collect all reasonable
<br />provided b tYs parrgreph "I including,
<br />but sot limited to, reasonable attorney's fees.
<br />if the ewer of mk k hm*W, Tlw w /heft record notice of default Is each county in which the Property or some
<br />NNi shei =*"@ agir/ � OCh statics IN the thereof is
<br />part located
<br />iswNeer prey edbed by aPPt -cable kw to Borrower and to the other
<br />by Trustee
<br />aM sa prNl/ 4tlufte, i i• �ti an Bsnowerkaw,s�
<br />the manner
<br />/iacs sell [be Property at patine suction to highest bidder
<br />at
<br />Notice of sate Is one or time
<br />you pro" Wk Of an x any pNSed Nf more Parcels aNd is such order as Trustee may determine. Trustee may
<br />LtiN4sr / 4e/Ipse sap psaehese tYe lt'rwp/rly m
<br />�ty at b by pNbec aasoaNCement at the time and place of any previonsly scheduled sac. Lender
<br />try sac. or
<br />Lip"
<br />Pska Mi, Tr1rue shelf defier
<br />to the Parcl aser Trustee's deed conveying the Property sold. "Ube recitals in
<br />the Te/Nlee'/ 4//4 Barg hale xW rude e►idlNCl kith she ssalemests made therein. Trustee shatl apply the Proceeds of the
<br />L fir (a) aY raaaa c� �
<br />Pl
<br />isle In the
<br />of this
<br />� of the mac, iadudtsg, bat not limited to, Trustee's fees of not more than J_ a.
<br />s
<br />Plus suit Prim, atsad" lien and casts of title evidence;
<br />rmum
<br />or p (b) to all sums secured by this Deed of Trust; and tc) the excess, If
<br />=%, N ih/ peso°° er pa/M/ hlgab sNtitied thwwo.
<br />h to
<br />1!. gay WBM b RdNWM. Notwithstanding Lender's acceleration of the sums secured he this teed of Trust. Gorr+ »• er ;half has e
<br />the right to have any Proceedings begun b
<br />by Lender to enforce this Deed
<br />�
<br />of Trust discontinued at any time nor w ;
<br />fifth day before the sac of the pr p he earlier to twrur of Ni the
<br />openy purstwnt IOlhe power of sale contained in this teed cal 7nnt or Iii) rrtry n1 ,y rudRmcnr enlorrmg
<br />Deed of Trust if: (a) Borrower Pays Lender
<br />-'
<br />�
<br />rhr.
<br />all sums which would be then due under thrc Iieed .r1 I •u 1, ncc Norc :vrJ
<br />nu(c..C,.:. ;rutK }.risen•
<br />Wi
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