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*6b luddul to the date of taking beats to he fair market value +?f the Property immediately prior to the date of laid to Borrower. rower, or if, after notice by Lender to Borrower that the condemnor offers to make an award or settle a pond to Leader within 30 days after the date such notice is mailed, Leader is authorized to collect and ither to restoration or repair of the Property or to the sums secured by this Deed of Trust. rise agree in writing, any such application of proceeds to principal shall ant extend or postpone the due to in paragraphs I and 2 hereof or change the amount of such installments. lion of the time for payment or modification of amortization of the sums secured by this Deed of Trust erest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and r shall not be required to commence proceedings against such successor or refuse to extend tithe for on of the sums secured by this Deed of Trust by reason of any demand made by the original Borrower Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded f or preclude the exercise of any such right or remedy. The procurement of insurance or the payment of shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this edies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this ty, and may be exercised concurrently, independently or successively. ; Joint and Several Liability; Captions. The covenants and agreements herein contained shall bind, and -espective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17 Borrower shall be joint and several. The captions and headings of the paragraphs of this Deed of Trust e used to interpret or define the provisions hereof. equired under applicable law to be given in another manner, (a) any notice to Borrower provided for in ng such notice by certified mail addressed to Borrower at the Property Address or at such other address Lender as provided herein, and (b) any notice to Lender shall be given by certified mail, return receipt rein or to such other address as Lender may designate by notice to Borrower as provided herein. Any shall be deemed to have been given to Borrower or Lender when given in the manner designated herein. rang Law; Severability. This form of deed of trust combines uniform covenants for national use and ations by jurisdiction to constitute a uniform security instrument covering real property. This Deed of : jurisdiction in which the Property is located. in the event that any provision or clause of this Deed of Me law, such conflict shall not affect other provisions of this Deed of Trust or the Note which can be Sion, and to this end the provisions of the Deed of Trust and the Note are declared to be severable. hall be furnished a conformed copy of the Note and of this Deed of Trust at the time of execution or umption. If all or any part of the Property or an interest therein is sold or transferred by Borrower excluding (a) the creation of a lien or encumbrance subordinate to this Deed of Trust, (b) the creation of ousehold appliances, (c) a transfer by devise, descent or by operation of law upon the death of a joint interest of three years or less not containing an option to purchase, Lender may, at Lender's option, d of Trust to be immediately due and payable. Lender shall have waived such option to accelerate if, he person to whom the Property is to be sold or transferred reach agreement in writing that the credit of I that the interest payable on the sums secured by this Deed of Trust shall be at such rate as Lender shall in to accelerate provided in this paragraph 17, and if Borrower's successor in interest has executed a in writing by Lender, Lender shall release Borrower from all obligations under this Deed of Trust and accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared prior to the expiration of such period, Lender may, without further notice or demand on Borrower, :aph 18 hereof. iorrower and Lender further covenant and agree as follows: tpt as provided in paragraph 17 hereof, upon Borrower's breach of any covenant or agreement of rg the covenants to pay when due any sums secured by this Deed of Trust, fender prior to acceleration ed in paragraph 14 hereof specifying: (1) the breach; (2) the action required to cure such breach; (3) a e of notice is mailed to Borrower, by wkkh such breach must be cured; and (4) that failure to care such the notice may result In acceleration of the sums secured by this Deed of Trost and sale of the Property. ver of the right to reinstate after acceleration and the right to bring a court action to smart The non - tae of Borrower to acceleration and sale. if the breach Is not cured on or before the date specified in the lecture all of the sums secured by this Deed of Test to be immediately due and payable without further de said say other remedies permitted by applicable law. Leader shall be entitled to collect all reasonable the remedies provided in this paragraph 18, Including, but not limited to, reasonable attorney's fees. istee sbsll record a notice of default in each county in which the Property or some part thereof is located the mummer prescribed by applicable law to Borrower and to the other persons prescribed by applicable V be required by applicable taw, Trustee shall give public notice of sale to the persons and in the manner without desaai on Borrower, shall sell the Property at public auction to the highest bidder at the time ed is the notice of sale in one or more parcels and in such order as Trustee may determine. Trustee may is Property by public announcement at the time and place of any previously scheduled sale. Lender or norty at any sale. lee bid, Trustee shall deliver to the purchaser Trustee's deed conveying Ike Property sold. The recitals in evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the Z and expenses of the sale. Including, but not limited to, Trustee's fees of not more than __ 3__, °'r is fees aced costa of title evidence; (b) to all sums secured by this heed of 'Must; and (c) the excess, if sided thereto. e. Notwithstanding Lender's acceleration of the sums stt it ted by this Deed of Trust. borrower shall ha,c n by Lender to enforce this Clem of Trust discontinued at any time prior to the earlier to occur of p) she :y pursuant to the power of sale contained in this Deed of Trust or iii) entry of a fudgment cnfonntg this .ender all sums which would be then duc under this Deed (r, 1'rilm. the Noic end stoic, ,rcunng future I