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86-00' 101907 :..� 4. ('0odtmnelkn- The pr(„CC Is rife any .,ward yr cla411s f.l, dams c+ direct m o1r1w( iennal, if ,r,nnc,tion with any ,ondemnauon or other taking of the Prop any, or part therent, ..r fur conveyance m lieu of condemnation, are hereby assigned and shall he paid to Lender. In the event of a total taken of the Property, the proceed, shall he pplied To the sums secured by this Deed of 1 rust. wnb the excess. If any, paid In Borrower. aIn the event of a patt.at takmg of the Property, Borrower unless and Lender otherwise ague in witting, there shall he applied to the sums secured by this f)eed of Trstsl %uc'h proportion of the proceeds as n equal to that proponton which the imount of the sums secured h} this D� cd of Trust immed,alely prior to the date or taking bears to the fair market value of the Property immediately prior In the date of taking, with the balance of the proceeds Paid Io Borrower It eh•. ^'.-pens • ;:han,lated by Itio, r ........ ..r If. .,feet muite by I t'n. h'1 1.. B,nfowe, Ihm 11M . im 1011111"1 offer, 1,. mnkr an awarJ .n %estk a'Llm, lot J :nnalls -. Barruwcr tadx a, rc %fsi t I T:• t ender --that feu Jays ahcr the date such uotrce , mailed. Lender is authorized to collect and apply the proceeds, at Lender's option. either to restoration or repair of the Property or to the sums secured by this feed of Treat. Unless Lender and Borrower o►herwne agree in writing. any such application of proceeds to principal shall not extend or pos(pone the due date of the monthly installments referred to In paragraphs I and 2 hereof or change the amount of such Im(allmenls. IS. Mower Not Released. Exlenston of the time for payment or modification of amortization of the sums securrd by this Deed of Trust granted by 1 ender to any successor In mterest of Borrower shall not operate to release, in any manner. the lability of the original Borrower and Borrower's successors in Interest. tender shall riot be required to commence proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the ums secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest 11. Forbeaar.nce by lAmkr Not a Waiver. Any forbearance by Lender In exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not he a waiver of or preclude the exercise of any such right or remedy 'rhe procurement of insurance rte the payment of saxes or nester hem or charges by Lender shall not be a waiver of Lender's right to oeceleratt the maturity of the indebtedness secured by this feed of Trust 12. R- medles Cumulative. All remedies provided in this Decd of Trust are distinct and cumulative to any other right or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently, Independently or successively 13. Seectason and Ataigtsa Bonni; Julius and Several Liability; Caprlom.' The covenant and agreements herein contained shall hind, and the rights hereunder shall inure tit. the respective successors and assigns of Lender and Borrower subject to the provisions of paragraph 17 hereof All covenants and agreements of Borrower shall be joint and several Me captions and headings of the paragraphs of Inn Deed of Trust are for convenience only and are not to be used to Inerpert or Jefine the provisions hereof Id. Notke. Except for any notice required under applicable law to be given In another manner. (a) any notice to Borrower provided for in this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at the Properly Address or at such other address as Borrower may designate by notice to lender as provided herein, and (h) any mace to Lender shall be given by certified mail, return receipt requested, to Lenders address stated herein or to such other address as Lender may designate by notice to Borrower as provided herein. Any 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 IS. Uniform Deed of Trost; Governing t.aw; Seversbilfy. T his form of deed of trust combines uniform covenants roe national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security tnstrumeni - covering rest properly This Decd of Trust shall he governed by the low of the jurisdiction In which the Property I% located In the event that any provision or clause of this Deed of Trust or the Note conflicts with applicable Low. such conflict shall not affect other Provisions of this Deed of Trust or the Note which can he given effect without the conflicting proymon, and to this cud the provisions of the D7rrd of Trust and the Note are declared to be severable. Iii. Borrower's Co". Borrower shall be furrinbeed a conformed copy of the Note and of this Deed of Trust at the time of execution or after recordation hereof IT. Treader of On Properly; Auwnp*m. If all or any part of the Property or an interest therein is sold or framfertcst fly Borrower without Lender's prior written consent, excluding (al The creation of a lien or encumbrance subordinate To this Deed of Trust. (h) the creation of a purchase money security Interest for household appliances• fc) a tran%tcr h) ,Ic -Isc. descent or by operation of law upon the death of a joint tenant or Id) The grant of any leasehold intcreu of three )ears or Ins not contatmng an option to purchase. Lender may, at Lender's option, declare all the sums secured by this Coed of Trust to he mmedulNy due and payable Lender shall have waived such ope,ore to accelerate if, prior to the sale or Iramfer. I ender and the person to whom the Property is to be sold or Iranaferred reach agreement m writing that the credit of such person is satisfactory to Lender and that the Interest payable on the sums secured by this Deed of Trust shall he al such rate as 1_ettder shall rc,juesl. It Lender has waived the option to accelerate provided to this paragraph 17, and if Borrower's successor in interest has executed a written awumplion agreement accepted in writing by Lender, Lender shall release Borrower from all obligations under this Deed of Trust and the Note It Lender exercises such option to accel -rate. t ender shall marl Borrower notice of acceleration in accordance with par" l&ph 14 hereof Such notice shall provide a parrot! of not less than 30 days from the date the notice Is mailed within whlc!t Borrower may y the sums declared dire If Borrower faits to pay such sums prior to the expiration Crther Lender may, without of such period. notice or demand on Borrower. Invoke any remedies permitted by paragraph Ill hereof. Nnre•l;, TrlsaM t (evletAMtS Borrower and Lender further covenant and agree as follows: lui. Accereroion; Remedies. Btcrpl as provided in paragraph 17 haeol, tlpoo Borrower'$ breach of any covenant or aaf"m"" of Borrower to this feed of Trost. including the covenants to pay when due any sums secured by Ike Deed due Ale of Treat. I,eoAet prior to nectkrNian %half ma realist to Borrower as provided is pi" f4 Acres( specYyltt: (1) for berork S21 the arI1M ngalred la ern sticR bleach f31 a date, nN it" Ili" 3B days from tit* date she notice Is malted to Borrower. by which %w k breach tarot be rated; ant 14) MN failwe to cure such breach ON use before the doe specified M the astice may result in aecektNikm of the items secured by this Deed d Treat and sole oaf the Ptepbe The aotke ahse farsber intorm Borrower of the 'Uhl 'a eteheswat filer dceekrallaa Ned the right to being a cotter airless to areas Ike non tXIdes" ct K • defatlN or any Naar skshaoe of Borrower ►a wtekrstios *Rd ask. If Ike broach Y not cured 00 or Wear Ike INe epecW" In rise noMce, Leader at Lender's oPliao elegy declare aN 0f tie t%rne$ secured by Ibis Deed of Toast N be immedbstly due and poysbir wiflNN fassher derwand end and may intake the power a' Bak and any other remedies /erweMlad by aMfkobia law. Ball k 02$1" N tolim alf reonseemMe cools od experem Incurred M pnnaing fkt temodbe pro%MW is Mb 1 -is- Is, Iwcladflq, law wit *"ad l0, eeaa0resble •Money's fees. If Me /sewer N ask Y Invoked. Transfer daM neeed a walk- all defooN in seek eowwy is winch she Property of Base Mel the stet is I - a p a" doe moY ellow so In auai nosier lbe Ineaser pounced by applicable low to Mrnwer and to Ike nthef pertluss pnurlbed N +Pldkable hut. After the lapse or Inch lie as may be re need by Nplfc•Nk law, Tres tsbfllf RWr -NMc wNke of sale N she p0eaosa god M the assume pro%cribrd by aprik..WR hut. Trtlatee, wifMNtt demand on Borrower, abaM salt qK Puspoely N pabMe daellaw w the bigknl bidder N lb- time 0M pMer a" coder eke terms designated lea ilea Balk, 0f e0ie In Owe w MOR�teebn dad In ouch odes as Tnrkt may Ike - anise. Ttwtee may glsgtporns YI! e< aN K else Pespewy l7 ps sawowwa*mewl as Ibe tit" fled sleLes ie i�el phee id any Preei"WY scbe#WW wk. Lewder or dal{see may pwdmw Ibr Plsrperty at say sale. SIN Of Mymewt of Ibs Price bid. Trso Ob" d*Nvet t0 the psunhsaer TrtaNee's deed "Mety)sg tit p�tiy soh rwk@k In the Teuoee'� dead shag bit PrInn lack erldeteee of Ilse bath of the atN -wteflb arMe Morels. Trstote %Mae apply One Fesa*0tN lu IA- sots h Iht ferawllrg ordotI lot to ON r- asasabh coos fluid tape"" of eke ak. fsArdIng, has not MIw(bd Out rness-ei but of ruos 'Ili tsa*t that of Me grow ask price. reasonable als0ewey's fees dead use, of sere - OWdme; (b) h ant slaw seised by sib feed 00 Trost sod (e) Ma Ibsstgs face, it ally, l0 rise per or or petlrar legdly eotl1led �a LIt. --to of lt%M 10 ktlalhk. NotwdMlandtng Lender'% acceleration tit the sums secured by this Deed of Trent Mfrce. is shah battle the right (o have arty tere ceedings begun by Lender to enforce the, bleed of 'runt liscontmued u any Itrrle prior to she earlier to occur M (1) the fifth stay before the Bak of the Progeny punusnt to the power of %ok contained .n din Deed of Trtlat or (u) entry of a judgement enforcing this eked of Trust it � l e) Borrower pay% tender all sums which would he then due under that Deed of Trust. the Note and noses Willing Future Advances, if Inv, had net acceleration occurred. (bi Borrower cunt III br Melee of any tryhat covenams t'rAi or agrten nll of Burrower contest In 1Mr L)eei of Trent rcr BMrMtr pay► atl n tspeisats ItRttlred by Lender and Trustee T to enfornnt the ctw*nonts and agrermen�s of B0fro"r contained us this f of Trwl and to enfotcirlt ( ender! Trusee and t rtmecites as provided m paragraph Ief heerMH I"o"dine- hail nct ltmdrd to. remonabk ,uorney's tit%. amt (dl Morrnwet I.kes l.qh 4i,i_n as I en,kt may rtaa•naktr rtgtnrr In N%Ure flow The iten nr this read ail Trule L.em}tr. .mire%, .n Ike PrnpeMt and IT ....owrr .. nbb /alum feu par V 1 f;