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by this Deed of Trust immediately pricer to the date o,f tai:i K r,1, << ....r mirkri sati _i she f't oes�Intediafrlyr prior to �e at ,.;'
<br />taking, with the balance of the protee4a paid go Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice t-y Lender to Hot rower that the condemnor offers to make an award or settle a
<br />claim for damages, Borrower fails to respond to Lender within 30 nays after tlw date such no;ice is mailed, Lender is authorized to collar and
<br />apply the proceeds, at Lengler's option, either to restoration or repair of the Progeny or to the sums secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend or postpone the due
<br />date of the monthly Installments referred to in paragraphs I and 2 hereof or change the amount of such installments.
<br />1s. sorON" Not Released. Extension of the time for payment or modifocatior of amortization of tire sums secured by this Deed of Trust
<br />granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and
<br />Bortower's successors in interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for
<br />payment or otherwise modify amortization of the slims secured by this Deed of Trust by reason of any demand made by the original Borrower
<br />and Borrower's successors in interest.
<br />11. Forbearssee by Lender Not a Wdver. Any forbearance by Lender in c s •rci mg any right or remedy hereunder, or otherwise afforded
<br />by applicable law, shall not he a waiver of or preclude the exercise of any sun;. , I h: or rerned; . TV. m oocurcment of insurance or the payment of
<br />taxes or other liens or charges by Lender shall not be a waiver of Lender's -ight to accelerate the inaturity of the indebtedness secured by this
<br />Deed of Trust.
<br />12. Remo" Canmobtive. Ail remedies provided in this reed of Trust are di Ain" and cumulative to any other right or remedy under this
<br />Deed of Trust or afforded by law or equity, and may be exerciser) concurrently, irdepencirntly or successively.
<br />13. Saocasors W Assigns Bound; Joist sad Several Liability, Captions. The covenants and agreements herein contained shall bind, and
<br />the rights hereunder shall more to, the respective successors and asiign6 of Lender and Borrower, suhject to the provisions of paragraph 17
<br />hereof. All covenants and agreements of Borrower shall be joint and se+eral. The i apmans and headings of the paragraphs of this Deed of Trust
<br />are for convenience only and are not to ibc used to into: pret or define the prevision.. hereof.
<br />14. Notice. Except for any notice required under applicable law at be gi, rn in another manner, fa) any notice to Borrower provided for in
<br />this Deed of Trust shall be given by rnailing sue„ notice by certified mail addressed tc 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 tither address as Lender may designate by notice to Borrower as provided herein. Any
<br />notice provided for in this Deed of Trust shall be deemrci to have been given to Borrower or Lender when given in the manner designated herein.
<br />15. Uniform Deed of Trust; Governing Law; 5everabnity. This form oi' deed of trust combines uniform covenants for national use and
<br />non- uniform covenants with limited vananorts by iurisdietion to constitute a uniform security instrument covering real property. This reed of
<br />Trust shall be governed by the late of :ire jurisdiction in which the Property is located. to the event that any provision or clause of this Deed of
<br />Trust or the Note conflicts with applicable lace, s:rch conflict shall nos of feet 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 Deed of Trust and the Note are declared to be severable.
<br />16. Borrower's Copy. Borrower shall be furnished a conformed copv. of the Note and of this Deed of Trust at the time of execution or
<br />after recordation hereof.
<br />17. Transfer of the Property; Assumption. If all or any part of the Property or an interest therein is sold or transferred by Borrower
<br />without Lender's prior written consent, excluding flit) 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 aop!iartc a, (c) a transfer n,, devise, descent or by operation of !aw 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 Deets 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 Pr opci ty is rn be soft: ,r transferred reach agrecinent 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 "Crust shall be at such rate as Lender shall
<br />request. If Lender has waived the option to a::e ;irate p tovided in this paragraph 17, and if Borrower's successor in interest has executed a
<br />written assumption agreement accepted its writing by Lender, tender shall release Borrower from all obligations under this Deed of Trust and
<br />the Note.
<br />If Lender exercises such option to accelerate, Lencicr 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 kite date the nonce is :nailed within which Borrower may pay the sums declared
<br />dux. If Borrower fails to pay such sums prior to the expiration of such period. fender Wray, without further notice or demand on Borrower,
<br />invoke any reredies permitted by paragraph f fs hereof.
<br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />It. Acceleration; Retnciks. Except as provided is paragraph 17 hereof, upon Borrower's breach of any covenant or agreement of
<br />Borrows he this Deed of Trust, iuc)tdlft the covenants to pay when due any supers secured by this Deed of Trust, Leader prior to acceleration
<br />simn wan node* to Burrower as provided in pattggrnph 14 hereof specilying: (1) the breach; (2) the action ret ulred to care sui li breach; (3) a
<br />this, not less than M trays from the date of notice is maned to Borrower, by which such breach must be cured; and (4) that fan ee to cure such
<br />breseh on or before the date specified is the notice may result in acceleration of the sump secured by this ]feed of 'trust and sale of the Property.
<br />Tie aonoe shall forth r inform Borrower of The right to reinstate after acceleration and the right to bring a court action to amert the son -
<br />exhaeee of a ddmk or any oohs defense of Borrows to Wceieniies mmd sale. If the breach is not cured on or before the date specified in the
<br />sofYee, Lends st Lender's option way declare an of the seen secured by this Deed of Trust to be Itamedistely due and payable without further
<br />rammed W may invoke the power of sak sod any other rcwedks perwltted by applicable law. Lender shall be entitled to collect all reasonable
<br />ceM W expenses incurred Is pursuing [be reandies provided in ibis paragraph 18, including, but not limited to, reasonable attorney's fees.
<br />If the power of seek Is invoked. Tmate stun record a matkir of default in each cously in wbkh the Property or some part thereof Is located
<br />and shun a" copies of such angles, in the manner prescribed by applkable In* to Borrower and to the other persons prescribed by applicable
<br />law. After the lupus of web time as may be required by applicable law, Trustee than give public notice of sale In the person sod in the manner
<br />Pau Nsd by eppneaiie law Trines, wkhonl alt wand rot Borrower, slue sell the Property at public auction to the highest bidder at the time
<br />mid ones W residue the rusts domill sod In the so" of sole is one or more parcels mad in such order its Trustee may determine. Trustee may
<br />pmtpoee me of ON W sly pared of the Property by public uoosscetsent at The time and place of any prevtously scheduled sale. Lender or
<br />Lesdoes dss 1- many puseggeng the Property at say sale.
<br />Lyre If K pnymint of the prise bid, Trustee shut deliver to the purchaser Trustee's deed conveyfeg (he Property sold. The recitals in
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<br />ON Trirtm'e dmd dtfd be prima (iris evNence of the truth of the statements mode therein. Trustee shat apply the proceeds of The seek in the
<br />16116110Yg ordw-- (s) *e eon nmsonhk rose dad expeeses of The sale. including, bat P40 limited to. Trustee's fees of not more than
<br />ui WIe Bi , mile price, rewtemabk istdorary's foes sad coats of tide evidence; (b) to all sums secured b% ibis Deed of Tract; and (0 Ike excexe, if
<br />Belt, so rise pewee m persons ksasy eadded them" -
<br />H. Morrawlf's RigM to Rtanaste- too i, I hi nUiTtk f .,tom :.I ii 1C, t13 "'il 4 tilt ,Uol, Oft C:4 iEi, t)C!' o! I. ;,I
<br />tune eight to )ut r any pr tit- rtdings ha ( era.irr I.f Er't for t'e IhS, DM ), in Ut`d ;r, d..\ ,.itir pT, ol ia: :,cl 1 a -„ ill'hY
<br />fatin day befoe the %ale or tts* Vn :peer:, , .r,« a.<t . t1Te hewer =of ease t, 1 1 hi lire„
<br />[kepi of frucr If Ta }ion= ,ire.. =ty+ t_en. ; €a aft t.,.a , w2iia -w c.. ..,. Ju-, ..oak. ,his
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