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6b- 100649
<br />R. +Coudemnalion. The nrocccos of any award .,- ctaun tit! d:Imagc, direct Or .;:onscc}ueillad. in cannecuoll with all,
<br />hcri: ' assigned
<br />_VlHkmnalion :at Other taking of the. property',. o. part thereof, nT ior,convvyance In tied tit condemnation, .;ire
<br />and aboll:tu ,paid LtD Leader.
<br />in thicevent of.a total raking of the Property, the ,proceeds shall he applied to the :sums secured :by '.this deed of Trust.
<br />with the excess, if any, _paid to Borrower, in the event of :, ;p rat l taking tit the `.Property, '.aides',Borrower .and :Lender
<br />this Deed of Trust :such prctpnnian:nf rte ;proceeds
<br />othersv :ggac'in •writing,.ticerc Shull he applied to the sums se ured'hy.
<br />as,is:.equaltto.that. proportion which .the. amount of the sums secured by this'Deed :of Trust immt.dtatcly ;rriur to the Ante Of
<br />taking irmrs.to the'fair market value of the:Property imntediatety_ prior to tine tlate.of :taking, with the :balunc:e.of :lheproceeds
<br />paid, to Soirrow.er.
<br />Hf tee " ropeny :is_abandoned :by`Borrower,.or if, after notice by Lender tOBorrower that.thc.condemnor.ot%rs to :make
<br />an.award.ur settlea claim. for damages,: Borrower: fails to respond to Lcndcr within 30.days afterttte :date such notice is
<br />rmaiiad, d ender is,authorized to _collect and apply the ,proceeds, at .Lender's :option, .either :to restoration .or ,=pai-. of :thc
<br />.Property.or to the sums Secured by. this :Deed of Trust.
<br />Vniess asnder.and :Borrower otherwise agree in writing, any such application of proceeds to ,principal shall .mu 1., u:nd
<br />or ;postpmte.the. due date of Stu monthly installments referred to in paragraphs l and 2 hereof or :change tine :amount of
<br />Such installinems.
<br />silt, yranwsri►iot3taieaaad. Extension of : the :lime for ,payment or modification of amortization of the sums Secured
<br />by -this Deed..of Trust - granted by Lender to any successor in interest of Borrower shall.not operate to release, in an} mannc,.
<br />the :liability .of the original Borrower and 'Borrower's wccessor% in inters',. ',.ender shall not he required to ,commend:
<br />in :amorrzatinn of the runts
<br />proceedings _against such successor or refuse to - extend time for payment or otherwise
<br />in
<br />secured by this Deed of Trust by reason.of any demand made by the original Burrower and Borrower's succes c;rs anterest
<br />111. 'Foricatance by Lender Not a Waiver. Any forbearance by Lender in - exercising any right .or :u met y hereunder, it
<br />otherwise afforded by applicable law, shall not he a waiver of or piechadc the .exercise .Ot any Stich :right or remedy
<br />-
<br />Tbe,pmcurermiltof insurance or the payment of taxes or other liens or charges by !Lender shall not he a.waiver of Lender's
<br />Ti ghtto.acceietate -the maturity of the indebtednes. secured by this Deed of Trust.
<br />12. Remedies =Cumidativt All remedies provided in this Deed Of Trust are distinct and,cumdlativc to any .other right
<br />or :remedy -under this Deed of Trust or afforded by law or equity, acid may he .exercised - concurrently, :independently or
<br />Successively.
<br />s13. 'fmccessuris and Assigns Bound; `Joint and Several 'Liability; tCaptions. The covenant, .and .�reemtnts herein
<br />contained shall bind, and.the rights hereunder shall inure to, the respective successors and assigns of tLellder,and :BnrTPwer.
<br />all he mint and several.
<br />sub)ect.to the of paragraph i7 hereof. All envenoms :rod agreements of 'Borrower ;h ;
<br />,provisions
<br />The captions and headings of the paragraphs of this Decd of Trust are for .convenience only and are not 20 he wed to
<br />interpret Or - define the provisions :hereof.
<br />Iii. 'Notice. Except for any notice "required under applicable law to he r_,iven to - another manner. (a) any :natu c to
<br />Borrower provided for in this Deed of Trust shall be :given by mailing such notice hy. certified mail addressed to :Eorrnwer, ai
<br />the - Property Address or at such .other address as 'Borrower may designate by notice to :Lender as provided herein. and
<br />(b) any notice to Lender shall begiven by'.certified mail,.return receipt requested, to Lender's address stated herein or to
<br />other address.as :Lender may designate by notice to :Borrower as provided :herein. Any notice provided form this
<br />such
<br />Deed of Trust shall be deemed to have been given :« 1 Borrower or lender when given in the mamtcr designated - hercin
<br />;13. 'Uniform:heed of lrust;�Governing Law;-Severability. Phis form of deed of trust cnmhines uniform .covlc ants.fm
<br />national use and non - uniform covenants with limited Variations by jurisdiction to constitute a uniform scuurin Instrument
<br />covering real property. This:Deed of Trust shall he governed by tin caw of the jurisdiction in which the Property is In°ated
<br />ln.the event that any; provision.or.clause cif this Deed of Trust or the Note conllicts with applicahic law. such contllct shall
<br />not affect other provisions of this Deed of Trust or the Note which can h[ „iven effect without the conflicting provision
<br />and to this.end:the provisions (it lite'Deed of Trust and the Note are declared to he Severable.
<br />16. Sorrower'siCopy. Borrower shall he furnished it confornied cons' tit the Note and of this Deed of Trust at rile time
<br />of execution or after Tecordatic n hereof-
<br />V. 'li'ralssfer.oftthe :Property; Assumption. it all ur an}' par; of the Property or an interest therein is sold or transferrt:u
<br />b}• :Borrower without Lender's prior written consent, c\cluding (a) the creation of it lien or encumbrance subordinate it,
<br />this.Deect of Trust, (b) the creation of a purchase money security' interest for household appliances, I L' a tranSter by des se.
<br />descent. or by. of law upon the death of a ioint tenant or
<br />Lender may, at fender's option, declare all the Sums secured b}' this.Decd Of Tcusrto he
<br />have such Option to accelerate it, prior to the sale or transfer, �Lender
<br />immilediately due and payable. Lender shall waived
<br />and'the rperson to whomIthe Property is to he sold or ir:ntsfer.ed reach agreement in writing that the credit of such ;person
<br />is satisfactory:to Lender and that the interest payable oil the sums secured by' this Deed of Trust shall he at Such :rate as
<br />Lender shall :request. :If'Lender has waived tits option to accelerate provided Ili this paragraph 17. and if Borrower's successor
<br />in.inteIesthas.executed a written assumption agreenrent accepted in writing by Lender, Leader shall release Borrower from
<br />all obligations under this .Decd of Trust and the Note.
<br />cif Lender. exercises such Option to accelerate. Lender shall mail Bnrrnwer notice of acceleration in accordance with
<br />paragraph:14ihereof. 'Such notice shall provide a period of not less than 30 days from the date the notice is muifed within
<br />whichBorrower:maypay the sums declared due. if Borrower falls to pay such sums prkr to tht expiration of such period.
<br />Lender may, withoutiurthernotice or demand on Borrower. invoke any remedies permitted hs paragraph 18 hereof.
<br />tNoN.UNIFORhl CovertANrs. :Borrower and Lender further covenant and agree as follows:
<br />`1B. Axeekration; lRentedies. Except as provided in .puragraph a7 hereof, upon Borrower's:breach of any' covenant ar
<br />:t1Rrltman/ �o; Borrowsr iin'this lked of 7:rusl, .including ttit covenants to pay" when due any -suits secured 'by :his Deed
<br />rifTrns /, Leiriler;irior ;loaceekratintt shallntait notice lo!Borruwer as ;provided, in paragraph !14 :hereof specifying: (.I):the
<br />Irrraeh ; :(2)ttlte: action required fo.cure such'breucir, (3)a'dutc,.net less tlwn 30 days fromrthe date.the uolice.ismudied to
<br />Rprrr„vtr, eby svkich such `.breach :must 'ht cured; and l41 :hat failure to .cirri such hreaeh on nr before the state specified
<br />mahie ;aofice :voy radii- in :accekra[ion "uf the runts secured'.by :his Ilke[i•uf Trust and sale of ,the' :1'nI III.. Tire notice
<br />sWl iurfkar iitiiurm 3arrower of ahe right au rreinstule after acceleraliou and the right tO 'britµ; a court .action to assert
<br />tee nan�axirlence ,a; a default air nay other defense of $urrower .lo :acceleration and -sale. :If 'the 'breach is not cured
<br />onlordielnneabe d ate- spedfied.in the.nofict, :Lender al Lenders gptiun mey :declare all of the %Ums secured 'by this Deed
<br />airlmalYO be:immediately due.and payable withnoLfurlher vokt'fhe ; power .of sale'anll.uni other remedies
<br />1ittlaltfled by ;ttppHeabk haw. !lender shall he entitled : :to .collect all :rcesonnblt costs and expenses incurred in pursuing the
<br />rtenidias provided Wthis pantgraph 18, : including, but nol :limited ,to, xemonabie attoniei''s fees.
<br />jfttttse Vower- ofAnIe is;invoked, Trustee shall record u notice of default in each county in which dice Propeerty or some
<br />wrttliteneaFRloea /ed . lildsaaill mall copies of such notice in' tilt :manuerrprescribed b) applicable llnwtoSorrowerand :ttuthe
<br />:efl ar,jpertiows peeacldbed byApplicable law. After lie.tapse of f -Such tinir.a, law he. required 'hy applicable taw, Trustee shall
<br />#jw i! rantise :df aWe to :eke ;persons and Lin tilt, manner ;prescribed by .applicable Iaw. Trustee, without demand on
<br />3orroweir auction.ln! the highest, bidder. at the lime and ;place,und under the.terms designated
<br />"MallAdUtheYri'llardycal-public.
<br />inglkeyMliee . :of.ttdk_in'.one_arm ore parcels and in such order as Trustee may determine. Trustee :mily :poslpone talk Of Jill
<br />or.any imwml of,the'P.ropgny `by public announcement at lit time and ;place of .any previously scheduled sale. Lender ar
<br />I;e�ei?b; ' is tse7MY purelt�iie the Property at any wk.
<br />V, paizaaasiilccli*aynient of-the:priLe bd. Trustee shall deliver to the,purchaser Trustee's :deed :conveving Am Property
<br />"Ml. Tbe:.miWc;Wtke 9rastte's deed "I be :prima face evidence of the-truth rof 'the slalements mide,therem. Truster
<br />cap_�Fystkes>Ke�of :tile sale in'the folluwtp� orderrla) to all ;rnasutwbk.custs: and expetwes tif,thc•sak,!ineludii►g. :kut
<br />tiN.litrdlad!to, rasM2tr fees of not more the 1/+ of of the . gross sae; price. reasonable attorney's dens and :coats ;of
<br />Ngescit {swee;ifb)4o,AU- zamsaecumt`by this keel of Trust: and (cl the ext'ess,'Ifutl)Vto the person err pertionsilegully :entitled
<br />Mrsdr.
<br />19. 3orrriweRa Right :to'Reinstale. Notwithstanding Lender's ac celeranion ui the ..ems secured by this Deed of Trust.
<br />Borrower shall have the right to have any proceedings begun by Lender to enforce this Deed of Trost discontinued as
<br />anytime prior to the earlier to occur of (u the fifth clay hefure the safe of the l'ropurn' pursuant It, the powel Ili safe Contained
<br />inthis'.Deed Of Trust or (ii) entry of a Judgment cuftircinp thn. Dct!d of Trost it tai Borrows i pas 'f ember all suns. which wound
<br />r 3
<br />he then due under this Deed of Trust the Nut, and min. seining Futurt..stham:et it am hild tit, .I Icrauun nt.. lricl:
<br />(h) Borrower core.'. all hreacltcs tit all, lithe, co-nallk nl .1giccriwt11 1! linrrcwar �ont.mll.ti In ill }. f)l'l'+I 11 lrlli(.
<br />tL*,
<br />(e ) BnrrnWCl pays all re':lltlltafllt' 11.110C t, .Ills'• Itld 1i'll'itQv Ill cal! i.:11lj'. tilt 00th :lilt and ctrl' till
<br />'1 _dpi.
<br />Burrower conlaoled in tiu>. D—Al 1 1 71W uu *. :I cant r n g I endcl'•..Intl *u,tct m dle, t pun utui III p;u tp
<br />in:reof, int'lllifing. Intl Ira Itrlllitll to r o!' Illob In!,rt1 t 1 aln "I Il l ^rtJWCI LIVE ' w li a In I ' '. I d I 11„l.
<br />rtapsirr Ili aYtitl rl: :flit; Ill! t,I till, r)t'•'!. tI. -1 tt+': :- l.II.1 �'! It . 'tt' : II? 'lit 1�!' j,l.. ,:ilia {S , 1. :'.. 1 II. ; :l11 t:. it ,��!
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