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1 <br />87" 102932 <br />by Ibis Deed of Truei imgt"AgelY Prior to the date of taking bears to the fair market value of the Property immediate) <br />"�' with ft baWtoeof the proca pd, paid to Borrower, Y prior to the date of <br />If the Property h abandoned by Borrower, or If, after notice by Lender to Borrower that the condemnor offers to make an award nr settle a <br />tam for W>aps, 3"Yenea faile to respond to Lander within 30 days after the date such notice is mailed, Lender is authorized to collect and <br />apply the Proceeds, at Lender's option, either to restoration or repair of the Pr <br />Uttlaa Leader W Borrower otherwise Property or to the sums secured by this Decd of Trust. <br />elate agree in writing, any such application of proceeds to principal shall not extend or postpone the due <br />moat* tef®rred to in Paragraphs 1 and 2 hereOf or change the amount of such installments. <br />„ BMerower Nut wdsaeed• Extengdonofthc time for <br />grimed by Lewder payment or modification of amortization of the sums secured by this Deed of Trust <br />atY is interest of Borrower WWI not Operate to release, in any manner, the liability of the original Borrower and <br />Beerotrer's slcaasars 16 Interest' Lender shall tat be required to commence proceedings against such successor or refuse to extend time for <br />Payer or Otherwise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the Original Borrower <br />W Borrower's successors in interest. <br />Ile Fwbsseaset ti L4@ft Not WWS'• Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded <br />by MPlcable lase, SW not be It waiver of or preclude the exercise of any such right or remedy, The procurement of insurance or the payment of <br />ta>tes of other liew or Chaps 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 />1' Mm"=e". AB remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this <br />Dead of Trust or afforded bylaw or equity' and maybe exercised concurrently, independently or successively. <br />u' Ssserattrt W Mere Sow*, 7Wq sod Severed <br />� rights hereunder shed inure lo, the respective 1J�fY; G ®tloaa. The covenants and agrecmcnts ;herein contained shall bind, and <br />hereof. � envenegf W pective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17 <br />ages mmb Of Borrower shag be joint and several. The captions and headings of the paragraphs of this Deed of Trust <br />we for convenience a only and are not to be used to interpret or define the provisions hereof. <br />14• NW". 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 Trm SW 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 4e0Mate by notice to Lender as provided herein, and (b) any notice to Lender shall be given by certified mail, return receipt <br />regtsepW. to Leader'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 SW be donned to have been given to Borrower nr Lrndcr when given in the manner designated herein. <br />fg. usWrm Dens w real; <br />Governing Law; SeveraMgty. This form of deed of trust combines uniform covenants for national use and <br />reen- oWform Covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Deed of <br />Try shed be governed by the law of the jurisdiction in which the Property <br />T or Note conflicts with aPPiia <br />is locates. In the event that any provision or clause of this Deed of <br />bk law, such conflict shall not affect other provisions of this Deed of Trust or the Note which can be <br />given effect without the oonfUelng Provision. and to this end the provisions of the Deed of Trust and the Note are declared to he severable. <br />la, Bateassar'a COPY- Borrower sh" be furnished a conformed copy of the Note and of this Deal of Trust at the time of execution or <br />After recordatiat beranf. <br />17. Tstsssfer of the f $Percy; AmemPtloa. If all or an <br />without Lenders Y part of the Property or an interest therein is sold or transferred by Borrower <br />prior written consent, household (a) the creation of a lien or encumbrance subordinate to this Deed of Trust, (b) the creation of <br />a Pordtsse tnateY security interest for Plousehold appliances, (c) a transfer by devise, descent or h tenant or (d) the grant of m 5 operation of raw upon the death of a joint <br />Y MaseiteNd interest of three years or less not containing an option to purchase, Lender may, at Lender's option, <br />declare W the sums secured by this Dead of Trust to be immediately due and payable. Lender shall have waived such option to accelerate if, <br />such per <br />Prior a liesakor tramahx, Lender and the Person to wham the Property is 10 be sold or transferred reach agreement to writing that the credit of <br />son is satltfactory to Lender and that the interest Payable on the sums secured by this Deed of 'Trust shall be at such rate as Lander shall <br />If Lander has waived the Option so accelerate Provided in this paragraph 17, and if Lorrower's successor in interest has executed a <br />be swtnmPtion agreement awnpted in writing by Lender, Lender shat) release Borrower from all obligations under this Decd of Trust and <br />,written <br />he Nose. <br />If Lender agardsea such option to Bate. Lender shall mail &avower notice of acceleration in accordance with paragraph 14 hereof. <br />Such DOtnx shed Provides Period of ooh has than 30 days from the date the notice is mailed within which Borrower may pay the sums declared <br />she. If Borrower f to pay such sums Prior to the expiration of such <br />invoke any remedies Permitted by paragraph Ie hereof. Lender may, without further notice or demand on Borrower, <br />N()N•UNDFMIWI COVENAMM. Borrower and Lender further covenant and agree as follows: <br />lg. A-*-d n, BWI. Esxgt an ran h <br />gionolrer `� (Dead of Tt7rlt, IscktYsg � ea tt�graPb 17 hereof, sore Borrower's breach of any covenant or Agreement of cassagaught sklB nZ utMkr oe Basrower es Prsvidad a My wbre due lay sump secured by thin Deed of Trust, Leader prior to accrieratlon <br />dote, sea! bee thr>B Persptyi 14 hereof specifying: (1) the breach: (2) Ibt action required to care such breach: (3) a <br />elsys frttttt the IN of ssNks in a�Wed m Borrower, by wdeh each breech salt be cared; and U) that failure to care such <br />heaaeb ~ Oe bstlaea the , , M s*tallltd ks the IMtlR tray ►Wt he acceleration of the mm Near" by Ibis Deed of Treat sad ask of the Property. <br />TM tNaUtO a fttetler Idoem BMeings of the rlgbt to ra�stak after aeederatloa aN the right 10 bring a court action to an the son - <br />etpleleaataril s ekfsstN arson other elehast of Borrower to weeks atiae and ride. If the breach is net cared on or be /ore the date strecifkd to eke <br />D"ft. Leader q 1 Ww's ePYatt slats dtelsss r tlss tttared by the Deed of Treat Io be Immediately doe Stud payable without further and � ay � ed W w a" Wwtf"'d by applicable law. [Roder shall be entitled to collect ail reasonable <br />H the Power stg sale k Partsfng the am Provided d this PwugmPb 1g, hk%Mog. but not Baited to, reasonable attorney's fees. <br />W sW ■W eaglea ed ststi a nadee of dd@Wt is each conaty la which the Property or Now part Illimof is located <br />paw. A:ler thf �t Of I" than ea Pby q*ad by' law. Tek law to Borrower and fa the other Penes, p eess'ribed by aplgcabk <br />Pnue0 by 4PNNW W. easy be s, by " Borro er. Trustee Aed give public Roller of stir to Ibe persoas and is the manner <br />Treater. strNbaN Hamad w Borrower. tteq the Property of ptthBc auetba to the h hest <br />and Pis* add Insider do isms datyasbd In the satlet of W k one or Owe 19 bidder a the time <br />PONOOse tak of d w sap P�1 of But Mgin , by Public tearcch and Is each order to Trwtee may determine. Trustee may <br />�.s �t W, PWO& e s anosncanrent at the eWe cud Plate of any previously scheduled sale. Lender or <br />hMerh q an eak. <br />Up" Mae" of Pymeq of At Pries bpd, Teawas tkMva to 'be Pea 'rruskv's decd conveying Ibe Property sold. The rsxttab in <br />the TMWS skM tt 0 be�fews tai the troth of the statements made theMa. Trustee sba8 awy the Proceeds of the In In the <br />oNert (N M aB e�entet eri rise tote, <br />of the raw mob sale Peke. aaaaNlt gtaeetf'r hw W exof of tltle iaclsdl�, bet not Butted to. Trustee's fees of sot more tbed W. <br />My. to the perna M Passage ems' (b) to AM eatus secured by thM Deed of Trust; and eci the rtrvss. it <br />�tsslBed thsetts. <br />11. Btetawss Imam" atilimbeau. Notwithata"Uss I.coder's acceleration of the sums secure) by drs Iked of 17ust. Ft,.r;,�wcr .hasp havr <br />the to have any Proceedings begun filth by I to enforce <br />power this [)red (of Trust discontinued err env rimer prnnr iu the cachet i-- ,n.rur �0 1.! ter <br />day the N� of the PttrPertY puretasct to the power of sa6t contained rn chic treed of Tnrs`• „r iii t r. <br />Used <br />of Tram )f: (a) Ow6T Pays as sums which w tin i,1 ;, ;u.lgn:cru .r, llu ctt,x t!us <br />cued he Iltert drer under eery Ikes1 ul trine, th7 <br />R <br />