1
<br />6- 100268
<br />9. Condemnalion. I11c I,ro i, ,n :m\ .,,:.Id . .9a.n; .,u ,L.rn.;ce,, d.1"! otucyucnt :.If nt ,Iir.ru';u +ul xith :uo
<br />eondcn illon Of other taking of the Property, or p.,r't theleol. ,v I.,r "MIlcionce In 'lieu of Ondenurrrnn, are hcr,:hy asvgned
<br />and shall he paid to Lender.
<br />In the event of a total taking of the Property, the prOCCCds ,hall he .IppIWd III the sums w.ured by this Dccd of Trust.
<br />with the excess, if any, paid to Borrower. In the cvcni of ., partial taking ,,l the Properly, unless Borrower and Lender
<br />othervrix agree in writing, there shall he applied to the %wns secured h'e this D, cd of '1 rust such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums ,I ured by this Deed of T rust unniedixelly prior Io the date of
<br />taking hears to the fair market %atue of the Properly ininicdrauI% prior h, the date o1 taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If The Property is abandoned by liorrnucr, or if. after notice by I ender lit Birroxcr that the condemnor offers to make
<br />an award o- settle a claim for damages. Blirrowo fails to resp„nd xi (.ender t. nhln 31) days after the date such notice is
<br />orized
<br />mailed. Lender is atrttt to collect and apply the proeccds. nt Lender', option. either to restoration or repair of the
<br />Propert y or to the sums secured by this ]bed of Trust.
<br />Unless fender and Borrower otherwise agree in v ltln; ... .t,h .,i'pi, :au,m „f pron•eds to principal shall not extend
<br />or postpone the due date of the monthly installments retc:!r,! , -, ,e rws.,,v.,ph, I end ? hereof or change the amount of
<br />such installments.
<br />N. Borrower Not Released. Extension of the rim% i +,, If amoruzauon o1 the suns secured
<br />by this rk'ed of T rust granted by I ender to any %occcvsoi n, male, Vii..: wet ,hail nor operate to release, in any manner,
<br />the liabihly of lhl: otiginal Borrower and Honowcr', ,u,..,.•,:, ,rclesl i ender shadh not he required to commence
<br />proceedings against such successor or iefux fir e %(cud 1I111l rr. !herxue nc,dlfy atnoruzation of the sums
<br />secured by this Deed of Trust by reason of anv denian,i :mad, I 'a i hot :,,wel :,rid Borrower's successors in interest
<br />11. Forbearance by l.rrder Ned a Waiver. Anc IIIticar..rt„ -y 1 ;..d.: o; •. ,cr%ising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not he a wake•+ •,t r. to c the e%el —C Ot :lit ),' such right or remedy
<br />ML procurement of insurance or the payment of lane, .,r ,,Itwi ;,cr; , ++ . tai c, i„ 1 ender ,hall riot be a waiver of Lender's
<br />right io accelerate the ntalurgy of the indebtedness scouleoi b} ihs Decd ,,I 1 !list
<br />12. Remedies Cummollallve. All remedies pnt,l,ied In ti,:I Uee,f , I 3.,!,I ,Irc .fl,im,t .Imt cumulative to an} other right
<br />or remedy under this Deed of Trust or afforded ht law of count', .,nit +ia, t,c cxer.bcd concurrently, independently or
<br />successively.
<br />13. Seceesyom and Assigns Bound; Joint and Srvc•rat I iafuitity; ( millions. hhr o: %cnani% and agreements herein
<br />contained shall hind, and the rights hereunder ,hall nuur h, the tespccl+ :c ,o ,i, ,.Ld . :,vcus if I ender and Borrower
<br />subject to the provisions of paragraph 17 hereof All e..,enant, ;lira ,: c: Dwell, ;;r blurt, +err ,hill he joint and eN 1
<br />the caption and headings of the paragraphs of Iles Decd ,.I i'o.t :Ile for ., mrnu'n :c +soft :,lid arc nO1 Io he usca to
<br />interpret or define the provisions hereof.
<br />14. Notice. Exccpt liar any notice required un,icl .Ipp;i . hiL i.,,+ + h, 1!1it II Ir •moinei manner. tat anc ❑,,ice t„
<br />Borrower provided for in this Deed of Trust shall he eiscn i,\ n,..+in1c ,u_h 1.,4,cc ht ,ernfed mail addressed 10 13(Irr0wer al
<br />the Property Address Or at such other address is Bornoxer nix, de,l n.11e I , rtr,nce to 1 enact :is provided herein. and
<br />0) any notice to Lender shall be given by certified Malt. return ie.c,pt :cg:,<.1ed, i,: I ender', address stated herein or to
<br />such other address as Lender may designate by not),c w lionowcr .I, p!, ,:,c, herein Alt% notice provided Ton In this
<br />Deed of Trust shall he deemed to have been given III B,tlr. +„cl ; , I I .shin encn IN the manner designated herein
<br />15. Uniform Deed Ad'Irusl; Governing Loss; Se/e'rabilil{. fill, I +t:;: I +I decd I ! Int,i :,,mhmcI ww;um covenants for
<br />national the and non - undorm covenants with linnlcd ,allauon, ri, on I +, :on,lottte :. undunn sClurlt, !n,trirmenl
<br />coveringreal property. This Dced of 'Lout sklfl he e,',r!oed I„ If.; I:,x : +I the :un,:1,.IL,u In "hide the Proper, is located
<br />In the event that any provision or clause Of rhos DCCIl .,t I lust I,, the 1„i, „ +nth :ts k,ih ..p phcahle law. sruh a nflict ,hall
<br />not affect other provisions o1 this Deed of 1l11,1 of the Now ,+ho.11 .:.ol hr el,.n cite,[ wlth:,ur the c, nlilcung pr,%ulon.
<br />and to this end the provisions of the Decd 1.1 Hull ,1111i the ',i„ tr .o, Jr,.I.Ir,J t,+ he ,c,ci :lhie
<br />16. Borrower's G)py. Bonuxcl ,Intl b% 11111 I.Cd ., ,+p, .,I 1111 \1111 .n., , t Ihr, Dec, -1 Irl,l It Iltc lithe
<br />of execution or after recordation hereof
<br />17. Trawsferof the Pruperl%; A%sunlplion. If .dt Iv ,In•. I -ii it oil, 11t::l. . +• :•, .u, ItIICrc,t 1hC1, 1- :, ,old or nnnsterre,
<br />by Borrower without Lender', prior w'roicti on,cw +,loam, Ile' ,,c.0 J .: ,. ,n cl1,n1Lhr_ptC ,nhtrldlnlUC L+
<br />this Deed of Trust, 1hl the creation of a purcha:.e Ouu,c+. ,rcuntti 1'11CIC,l 1,11 hlnlscitr :id ..pi >lavccs, 11 1 a transit! h} ,fc,:,c.
<br />descent or by operation of law upon the death of a ),+u,i icjwin .n
<br />Clidel ni:R, ..l 1 Ctlolcl , I•;nl,v� ,Iii L. :c .JI the „nn. se,luc,11.•. this 11ced,,I IIn%I I., hr
<br />immediately acre and pa)ahle ►.ender shall h.oe ,,.,I,,:J ,u,h +,ptO0;i t.+ .,, :ci.t.,tr ll, pair too the s :dc ,I translcr. Lender
<br />and the person to whom the Property is to he ,,Ili .,I !!,,;I le ::ed Inl,h .leleCmew ,ii x Aunt' that tom Credit III such person
<br />is satisfactory to Lender and that the inlcro'st p.., .. hi, ,,,I ILc ,.,.II. ,,.,IC.I I•, Ill, I)cc, �'! 1 11111 ,hall h;: .o ,u,h talc .,,
<br />t- endershall re.lucst. i1 Lender h,is waled the :•1,f�..II �, _.,err :I, p1l +1:1Jc, In th., :7, ;Ind It B;Irrowcr, .ue.euor
<br />in interest has executed a %rumen ,usunipuo,n agl,:cnlcl�l ..,, cplcJ :n ,,;,ton:; !,.. 1 rail : :. 1 cr,,cr .h.rl icier,: Borroxcr from
<br />Al obligations under this Decd rot 1 ftt,i .Ind fhc %,.t%
<br />It Lender cl,erows such option Ill a,,iflrl.oe 1 rn,r1 ..II li•.,n :, : :. .,.;!rIe!,. :11 I,,:u,.nLr :vuh
<br />paragraph 14 hereof. Such lance ,11,111 provide :, (ilia . , rl n• .. th, fill d:, nL,:!e, unhn:
<br />which Hoirower flily pal the sums de,aared due II -H,h ..1:n. I t !hc e,i,lr. :r,n1 „t such perlod-
<br />Lender may. without further nouee or demand .,I, Borru„n .... ,.e •,n, I,•ulydlr, pi. runcd h, par.rlrr.,ph ;X hereof
<br />NUN- UNttORM COYI.IlNis Burrower and ICMICI 111111M ,."CII.mI ,teal ,IereC Xi 10111,,ss
<br />ill. Acceleration; Remedies. Exeepl as provided in paragraph 17 hereof, upon honoill breach of any covenant or
<br />agreewleM of Borrower in Ills Dried of Truo, includior; the . ,Ncnauls to par whrn der ant smu% secured M this Deed
<br />of Trwst, Lender prior to mcceeralion shall mail noticl• go hrao,i r a% pru.ided in paragraph 14 hereof specifying: (11 the
<br />breach; (2) the action required fit cure such breach; (3) a dais, not lc,, than 30 day, front the date the notice i% mailed to
<br />Borrower, by which such breach inusl hr %erred; and 141 that failure lti tour such breach on Air before the date specified
<br />in /be naiice may rrsalt in acceleration of the wan secured by tons Deed of 1 rust and ,air of the Properly. The mdice
<br />%baM follber deform Burrower of The right to reinstate aHer acceleration and the riLhl In brink a court action to assert
<br />The now- exiNtnce of a default or any other defense of Borrower in acceleration and wlr. If fire breach is nul cured
<br />an or before the dale %pec•ilied in the notice, Lender at Leudcr's option may declare all of tire sours secured by this Dred
<br />of Trust to be iwrwrediatdy der mood payable withoul further demand and Arias in,lakc the po..cr of sale and any cdfier remedies
<br />permilled by applicabe law. Irwdrr shall he entitled to collect all rraslnrahle costs and e%peuse% incurred in pursuing the
<br />ratiwtrim provided in dills paragraph is, including, but not limiled ten reasonable attounry`% frvs.
<br />K $be wtr of sale is insuked, Trustee shall record a nolicc of default in each county in which the Properh or %time
<br />part % laraled and shalt mail roples of ."h n111h'l• in the manner pre%%Filled by applioable Iaw in Borruwrr and to the
<br />fiber prrwlns f rewribed by applicabl law. After the lapse ul such litre as utai too• required by applicable law. Trustee .hmH
<br />give rwldilr netic'e of sae to the per%uny and in the or l•1 foltilwd b} applivatil lass. Iruslre•, without denund on
<br />iwr►awer, %bmM wV the Property at public auc'fion to the holiest bidder at she lin,r and place and under the lrrms designated
<br />in ibe notice at sale in are or wore parcyb and fu %terh order as I rosier may dete•nninr. I onove stay po%tportr sale of all
<br />•<awy parcel of Sbe property by puhiic ammoutwernent w Ill• linty and place of any prrtiou%ty "Itdued %ale. Lender or
<br />D.ewder's derigeee wary perc•haw the property al any sale.
<br />11pen t+ecript of paytnrnt of Ike price bid. TreMer %hall deli%er at the purcha%rr T'ruorv'% devil conveying the Property
<br />said. The rockfalls is eke TrwArr s deed s11all he prima fail- esidroce of the truth of the statements made therein. I-ru%ser
<br />*I"aWy the eels of the wk In the ft46 ender, (al to all remsentabde viiii and eltprow% of the ale, including, but
<br />rim Ballet $a. 7 1rwslldb ten of MN more Ihan 1 / L U L 1 of tide kro%% sae prier, reasotaMc atlurnr� •% fees and costs of
<br />IAN evidewc'e; (Ill to ON sears steered by Ills Deed of 1 nr %I; and it) the eu•eo,, if ern, to the (a'rNtit or pri -mon% Iegalh roliNed
<br />tbulrlo.
<br />19. Betrowrr'it Riot InRein %INIC. tiolxniutan,IUi• III,rI I,i..lI.In I II., w), ,,IVrl1 I, +. ;)I, i1, rd ,I Iuo••I.
<br />lk,rr.)we•r ;(1,111 have the right I!+ fwl,v :111% I,r,+t,tih1 t„, hr l'.,+, I,% i r11,hl I+ I -cif l,I„ t) 1)j ,1 11 . I 11 "i"'I'll'I %d .,t
<br />any finite prior III the earlier t„ (K"If It it) Ili, ' fifth I,,, !.I All?, Ihr' .,oil' If Ihr Pr_,l,er, 11,17,11.,1,! n• Isle i -111I i ..Ile „0111.+,.,,,
<br />In this Med col 111 i ho Ili, „f it lauff,rilc+ 1 I nl I +u11 tl I I r:_ f I 111rt 0 1 :,1 li I u,,. o It ,,I !!.!
<br />file their dire' ,audio it.+ Ihr.l f 11 1 Ihr M1 t n l II
<br />=t 7 Bastes. r ay. oil n_.t„ .Ile 1, . , u, I !•. i I, I ,.I, , ... ..I..., : �.,,. ...
<br />k•... .,x.:,,f ..1 ih I r.
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