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<br />by this Deed of 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
<br />I claim for dsmsgse, Borrower fads to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to collect and
<br />apply the proeaede, at Ltafa's option, either to restoration or repair of the Property or to the sums secured by this Deed of Trust,
<br />Unb= Leach and Burrower otherwise agree in writing, any such application of proceeds to principal shall not extend or postpone the date
<br />date of the monthly installments referred to In paragraphs I and 2 hereof or change the amount of such instalments.
<br />Ill. Renewer Net Released. Eatgtignion of the time for payment or modification of amortization of the sums cured by this Deed of Trust
<br />granted by tender to any successor in Internet of Borrower shall not operate to release, in any manner, the liability of the original Borrower and
<br />Borrower's soccowors in interest. Leber 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 mute by the original Borrower
<br />and Borrower's successors in interest.
<br />11. P'oebunns by Leader Net a Wahar. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applicable law, shall tort 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 lieu 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. NameMas Cates. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this
<br />Dodd of Trust or afforded bylaw or equity, and maybe exercised concurrently, independently or successively.
<br />13. Smmexsesan sad A sigim Bold; Jsfa and Seve of Unli ty; Captions. The covenants and agreements herein contained shall bind, and
<br />the rights hereunder shall inane to, the respoctive 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 convenience only and 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 manner, (a) any notice to Borrower provided for in
<br />this Deed of Trust obeli 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 domed to have been given to Borrower or Lender when given in the manner designated herein.
<br />13. Usdltewa Deed K Trot; Cwnralag Law; ServerabWty. 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 shall be govaaed 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 feed of Trust and the Note are declared to be severable.
<br />14. Ilalroouls Coq. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the tiwc of execution or
<br />after recordation hereof.
<br />17. Transfer of the IM1a(aMy; Mom wim. If all or any part of the Property or an interest therein is sold or transferred by Borrower
<br />without Lender's prior written conserat, 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 W the sums secured by this feed 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 />such person is satisfactory to Lender and that the interest payable on the sums secured by this Deed of Trust shall be at such rate as Lender shall
<br />request. If Leader 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 exercisss 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 falls to pay such stems 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 />NM- UNIPOLIM COVENAMS. Borrower and Lender further covenant and agree as follows:
<br />18. Acedwaflaa; Remedies. Exc rl o provided Is paragraph 17 hereof, upon Borrower's breach of say covenant or agreement of
<br />No In side Deed of Trust, Including the esvenum to pay when due any sums mcurei by this Deed of Treat, Lender prior to acceleration
<br />SW so& leslee N no wile r an poovlisi In paragraph 14 hereof specifying: (1) the breach; (2) the action required to core such breach; (3) a
<br />deep not lam Mo 30 days fens= the dNe of sutke Is nOW to Borrower, by which such breach must be cured. and (4) that failure to core such
<br />braacb ON or brrfses as dess In ' In Me notice my molt In aeceieratia of the saw secured by this Decd of Trust and sale of the Property.
<br />The ssYee nut falling Isdsra Do own of the might to Muslate titer secekntlos and the right to bring a court action to assert the non-
<br />' M 1 11 1 of o defsslt x sq eNas defuse of Borrower to acceleration and ask. If the breach Is ant cared on or before the date specified In the
<br />seine, Loader se LmsWe otp am any I d of the some seemed iy this Deed of Trust go be Immediately doe sod payable without further
<br />deomM and am I- Win Ms power of ink sod any other remedies permitted by applicable law. Lender shall be entitled to collect all reasonable
<br />eases not w#onm iuerred In Puneslag tie resa - provided in tut paragraph I$, ladviding, but sot lisa ted to, reasonable attorney's fen.
<br />K Me (tones of wk Is Ineehad. TnMw shall record a sauce of default to each county Is which the Property or some part tbereaf Is located
<br />and sesr gall coou sf nee nelke In Ms aaatasr pensceMM by applicable kw to Borrower and go (heather persons prescribed by applicable
<br />law. Alter Me #Ww of asuh Yea an slay be ►gsYred by applicable law. Trustee shall give public notice of isle to the persons and in the manner
<br />Pas , Ned by sppWshk kw. Irtmege, whd demand one Borrower. shall sell the Property at public auction to the highest bidder at the time
<br />and Phase and asiw fa lases deigaaMd In dw eoYoe of ink In nee or more parcels sod In each order as Trustee may determine. Trustee may
<br />postpow leak of A eras nay pool of Me IP "mly by public aseenectwesl at the time sod place of any previously scheduled ink. leader or
<br />Lsagw's dialpigs May Price do Prstlwfy at sty ask.
<br />Upsa seeslPl of P I 'at On prim bed, Ttown sW deliver to the purchases Trnsbe's teed conveying the Progeny sold. The recdlith In
<br />L fee TYt•ses's deed sear be prim hash anldna of Me bum of the smfemneb trade therein. 'froalee shall apply the proceeds of the sale in the
<br />forowlag Mott W M an rasssaaI I emu and expown of the leak, including. but not Nmdted to, Trnstee's fen of not more than .3 _ e'.
<br />of des nk Mks. twee bit oNunils fan and cow at title evidence; (b) to err sums secured by Ihts Deed of Trost; and tr) the excess, If
<br />am. to Ms Passage or passage I gory wtlred Massso.
<br />1}. bernewai'a FJW Is RsiUNle. Notwithstanding Lender's acceleration of the sums secured by this Used of trim, IL--rr .hall heve
<br />in the right: to have tiny ptocarellop boon by Lender to enforce this Deed of Trust discontinued at any time pnor ors the carher it, 1gxur of It) •he
<br />fifth day before the sale of the Property pursuant to the power of leak contained in this feed of Trttet or litl entry of a judgment ent-, inp I ht.
<br />ellDecd of Trust if: (a) Borrower pays Lander all sums which would be then due under thds [iced of t Tins. the Noce and nr?t 11 s<•r 111 ng 1im-
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