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by this Deed of Trust immediately prior to the date of taking hears to the fair market value of the properly
<br />taking, with the balance of the proceeds paid to Borrower. rtY i lately Prior to the date of
<br />If the Property is abandonsw by Borrower, or if, after notice by
<br />claim for , Borrower falls to respond to lender within 30 days terthe dente suchanotice its mailed, f flees to make an award or sattiia a
<br />apply the , at Leader 's Option, either to restoration or r is gusher Will to czri
<br />Unless L BlNrower otherwise
<br />repair of the Property or to the sums securad by this of Trust.
<br />agree in writing, any such application of proceeds to principal shall not extend or agraphs I and 2 hereof or change the amount of such inatalltt no, the d
<br />date of the monthly installments referred to in parue
<br />10, Bolvowtr Not . Extension of the lime for Y
<br />granted by Lander to any payment err maliJication of amwtization of the sums secured b this of Trust
<br />Y in interest of Borrower shall not operate to release, in any manner, the liability of fbe cirigiiml Born
<br />Borrower's successors in interest. Lander shall not be required to commence proceedings war mad
<br />or Otherwise madlP p ifs against such su or refuse to tip for
<br />Y amortization of the sums secured by this Iced of Trust by reason of any demand made by the original err
<br />and BmOwer's suers in interest,
<br />11, Forbavaaoe by Lauder Not a Wsd►re, Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applieebk 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 mulurity of the indebtedness sceurod by this
<br />Heed of Trust.
<br />12. Ressadioll Cmwatadve. All remedies 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 concurrently, independently or successively.
<br />13. Stseessmas and AsWM Boned, Joint OW Several
<br />the rights hereunder shall inure to, the respective �' �Oe°' The covetunts and agreements herein contained shall bind, sued
<br />pective successors and assigns of Lender and Borrower, subject to the provisions of Paragraph
<br />hereof. All covenants and agreements of Borrower shall be joint and several. The captions and headings of the 17
<br />paragraphs of this Deed of Trust
<br />are for convenience only and are not to be used to interpret or define the provisions hereof.
<br />14. Nodois. 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 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 Borrows 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 />1S. Uniform Deed of Trust; GoverMnw Law; Sev
<br />son- uniform covenants with limited variations by jurisdiction Bt�o constitute a uniform security irtsbrument covering ve al tumor national � and
<br />Trust shall be governed by the law of the jurisdiction in which the Property is located. In the event that an property. This D� 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 � be of
<br />given effect without the conflicting Provision, and to this end the Provisions of the Deed of Trust and the Note are declared to be severable.
<br />16. BORawP.f's COPY. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time of execution or
<br />after recordation hereof.
<br />17. Taunter of the Property; Awaapdoe, if all or an
<br />without Lender's prior written consent, excludi y Part of the Property or an interest therein is sold err transferred by Borrower
<br />ng (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 aJr transferred reach agreement in writing that the credit of
<br />such perm is satisfactory to Lender and that the interest payable on the sums secured by this Deed of True: shall be at such rate as Lender shall
<br />request. If Lender has waived the option 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 Deed of Trust and
<br />the Note.
<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 stuns declared
<br />due. If Borrower fails to Pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower,
<br />invoke any remedies permitted by paragraph 18 hereof.
<br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />li. Aocekrstba; lttewedlee, Except a provided IN paragraph 17 bereet, open Borrower's bread) 0
<br />Boer"" in � Darod or Trust, f .,s T "yg�
<br />scludleg the covenants to lay when due any sum" secured by"Deed � t1R f
<br />MM uottet to Borrower me provided In paragraph 14 hereof epeeif „q, r�MOlt /tfoil Od
<br />hate, Iws tine 30 days from the date of mallet k �: (1) the outset; (2) 'roe actloa to tuft seek fueraelt; (3) a
<br />bftub ou at before tot dale maYef t i Borrower, by wikb such breach must be cured, and (4) that fmaws to ewe tatty
<br />NseDerr b the Mee fight to F l in accslefatiom of the taY scared by 4116 Deed of Trot and ale of the Property.
<br />The "blmv std furrier Y other r defense of tit rowel a reinstate after wceieradoe and the Matt to brig a cowl bell" to Swart the mom -
<br />e[ a defaslN or arty saber defeure of Borrower !o aceNaedelm aN sale. It the breach le act cued ere or before the date specified b The
<br />sodee, Larder N Leader's opdem may dttthere act of the $arise recaed by Ode Drat of Treat to be
<br />drummed mend my invoke fee power of �e ad any other due sad payable without fellow
<br />c and Ikarred in pWm tied by appllembk low. Lender shall be
<br />the provided In tlple paragraph Ii, inc tetltled to collect aB egsamf►le
<br />ff the power of salt b Invoked, True > records ludlu ", hot w1 Bodied to, reasonable ettonKy's tams. momme act tad copies of such notice in fate acs ®t fm sates eery fa welts tYe
<br />by appJkabk law to y by t le bated
<br />law. After the Borrower rod to the olbust J ,
<br />iceman of tree due w may be by law. Trustee shag
<br />proserthed I
<br />by Mw, Ttwtee, wftbomf on art public aolirt of alNt to the persaus and In Ike aontter
<br />pace mad under the tt Mino ft or as* the Property at public auction to tilt
<br />b the tsotice of de M ow err wore ptprceb and in each blddlr at the dente
<br />rule of d y or say one t ef rot Praprety by pubBc order a Trustee �y determine. Trustee may
<br />1 ms's y pre y pulled a the t a1 the "me act pfeee of stay previously scheduled sak. Lender at
<br />Property at stay sale,
<br />U ef payment of tie prIce td, Trustee > deliver to the purchaser T
<br />Ow
<br />T 's facie ►us/te'a deed conveying fie Pr ®PtrYy shed. The txrlfait in I
<br />f p mis trnik of the aces is lade therein. Trials* don
<br />order: (a) to td e e ®t be , I apply The of The sale In the
<br />Of the , but nol to. Trwte®'a ream of act more then
<br />price. atorwy'a few and caste of tide srideace; (bl to cell sn MLA _ . %
<br />any, to the Of redeftd theme. secured by Ibis Deed of Trust; and (c) Ibe excess, if
<br />19• war's 1 to lk4WNte, NorwIthsl and rng 1,ender's accelerHn(III (If IAe rnnlV tiel'Ufed 17V this !?until of durst, irutrosarr shalt bare 4
<br />"rte right to have any pr(a:cedingti teaun by 1 crwler ru enforve tills 1)", d of l unar discvrntirnred at ails rime I,tnu Io the eariirr r(, (xcur r,l rrl the
<br />'o-fth (fay heforr the sale of the f'rorcrry pursuant to the tower of sale contamee9 in this Deed e,1 I nrsl m M) miff of o-t after rnl cnrorc (1 rhie
<br />lkefJ rot fuss if !a) Horrower pays I erldcr all •,(utls which would Iva then due under rhos Deed ri Trull, the N(ur and ,1gol eccunna Iluur,
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