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by mho Deed of Trust smmedlatety prza, to the date of taking -,icot . t•.• the rzl•^ markrt value of the Property immediately prior to the date ui
<br />taking. with the balance of the prwe=U paid to Borrower
<br />if tlio Property is abandoned by Borrower, or if, after notice by Lender to Borrower that she , ndcmn offers to mate an award or settle a
<br />cl for danuila, Borrower fails to respond to fender within 30 days after the elate such notice is mailed, Lender is authorized to collet: and
<br />aim
<br />apply the proceeds, at Lzrider's option, either to restoration or repair of the Property or to the sums secured by this Deed of Trust.
<br />Unless Lmder and Borrower otherwise agree in writing, any such application of proceeds co principal shall era extend or postpone the due
<br />date of the monthly ingisilmeno referred to in paragraphs 1 and Z hereof or change t17c amount of such itsstallmenrs.
<br />I0. flmrrasrelr Kw Relented. Extension of the time for payment or mods s i anion of asnorteration of the sums secured by this Deed of Trust
<br />Startled by Lender w any succcuor in interest of Borrower shall not operate to reiease, in any manner, the liability of the original Borrower and
<br />Borrower's successms in interest. Lender shall not be regtured to commence ptocrrdings against such successor or refuse to extend time for
<br />psymaa or otherwise modify amortization of the sums securers by this Deed I,! !gust by reason of any demand made by the original Borrower
<br />and Borrower's successors in interest
<br />11. ForYdtcanee by (.ender Not r Waiver. Any forbearance Ly L.eodcr ,Kcr,s,ina a:f, , ip it •!r remedy hereunder, or otherwise afforded
<br />by applicable law, shall not be a waiver of or preclude the cxerzse of ;iny sir: h : ight r cineds i he procurement of insurance or the payment of
<br />tmies or other liens or charges by Lender shall not be a waiver of L elide-', right lu accor erase the matunty of the Indebtedness secured by this
<br />Deed of Trust.
<br />12. Rene" Cumulative. Ail remedies provided in this Deed of rru ;! are dis(tn,l aria �umuiauve to any other right or remedy under this
<br />Dad of Trust or afforded by law or egtnry, and may ate exercised concurrently, tndrf rn t:n[t, or sun resweh.
<br />13. Successors mad Ass as Bound: Joint and Several Liability: Captions. The .osenan :s and agreements herein contained shall bind, and
<br />the rights hereunder shays inure fo. Ise respecviye successors and assigns of I er,te: and Lt.,rrower. suhircr In the provisions of paragraph 17
<br />hereof. All covenants and agreement, ,t Borrower shall ise lama! ;,std vrstral. rho :atu ,m • dud headings of the paragraphs of this feed of Trust
<br />are for convenience only and are nor it, be used to interpret sir jef ine the pt r >er nal
<br />14. Notice, Except for any notice required under applicable ia* to n a,7other manner, fa) any notice to Borrower provided for in
<br />this Deed of Trust shall be itrveri fy mailing stich not! Y by .eruricd ,-all addresse.; s, ;inrrovs rr a::hc Property Address tar at such other address
<br />As Borrower may, designate by iwtwe to L.endet as prrvitled !their! and Its) errs r,1.al.c t„ bender shalt tic given by srrfified mail, return receipt
<br />requested, to Lender's address stated herein or to such other a. dr:ss as Lerida aria+ . cligna!e by notice tit Borrower as provided herein. Any
<br />notice provided for to this Deed of Truss shall be deemed tc) have ber i given u: lice rower or i ender w hcn given in the manner designated herein.
<br />IS. Uniform Deed of Trual; Govarafall Law: Severabillty. TFus !011.11, td dyed of :run .un)Nncs untorm covenants for national ttse and
<br />non - uniform covenants with limited sonarlons t•y ittrtydiction :u constitute a u :u!o,rri `,aunty instrument :ovmng real property. This heed of
<br />Trust shall be governed by the iaw of the lurisd,ctlon in which the Property is iucarel. in the went fiat any provision or clause of this Deed of
<br />Trust or the rote conflicts -with applicable iaw ,,i,:h -onfhsct shah :1o1. .xttrct other provi >u,ns of this Deed of Trust or the Note which cal be
<br />given effect without the conflicting pros isisin. and,,, tht, end the pros„r„n, It the ])rest of Trust and the i,lwe are declared to be severable.
<br />!b. Borrower's f'tipy. i1 scrower +hall rte blrnr ;bed a confrrnted :ups ,.a the N,'Ite and of •`x! , f Trust cut the rime of exrcutten or
<br />after recordation hereof
<br />11. Trawler of the Property: Assurmptiaa It alt or any par` ••! the P:oprrt, it a, otrresi thcrerr is ,old ,_,r !ransterred by Borrower
<br />without Lender's prior wrim Y: coruera. excludin,t (a) the creation ea a lien cr, encurnhrana •nordinatc to !,t Decd of f rust tb) the creation of
<br />a purzhase money serunty interest nor nouscrioid opphaucn, Ill a irarist el hs :in isC, des r.., it by opciaiton ,.f iaw upon the drath if rr cunt
<br />tenant or (d) the grant of any feauhol.d mirrest of three vrars it user not ""wim!ng an oi'lion to purchase. 1 ender may, at 1 ender', - pi7on.
<br />declare all the sums secured vy this deed +-' 'trust '0 !x 1mrllcdtalrls due acid p.: -chic lender shall hats. waised such opitor, it) accc)rraic it
<br />prior to the sale of ttansfcr. Lender and the per son + : �?Ioly the P—pei" is to b- se ;t .'.. ;rnsrerred rca.ti airreemenn in ,.r,ting mat 'he .'rcd;! 1.,t
<br />such person is %atiltsctory to t -ender and [hat the rn:!:resi pa,atitc !.c .unit; .r, :rte•.! r• ;hi, Deed rrf T rust -nili',r a! •uih rate as Lender shalt
<br />request. If i ender has waived ,tic .morn ao elc a:r r: •sidrd !hr, .ar ,raid; h i'. anJ .f Borrower'% Str((eSV,r In Interest has executed a
<br />written assumption agreement accepted it, wnhng ?,y I r-ndc:. Lander ,!tali t••iea•.r Hotr••,wri f•nrn a,! of :hgauon, under this Lleesf of Trust ano
<br />the Note
<br />If Lender exrrvtscs such sprton ru a"cictate i ender shali ni,lu 1kwlswer a—ciciatrnn tit au orddncc ssith paragraph 14 serail
<br />Such notice shall pios,tde a pease ,,J of not ics, that, tic Says .+n, -Ar .fate :1.:c r i;,i're, a j!n :n whicf, kurtnwer r,;d: pas the stun', declared
<br />due. If Borrower falls to pay such suill, ,stir t,, The ca, ,tatwn „t .1.:.!t ;,cn, : ender 'nay �!iho it turher nowt n demand nn H%)trowrl,
<br />invoke any remedies permitted by parale::rph III here::-!
<br />NON- UNWORM COVENANTS 13-:rows, and ! rnde, r :rthe :os rnant .md erg; rc .i, !t,luiw,
<br />It. Acceleration: Reanedks. Except as provided in pasagrapb 17 herrot, upon Borrower's breath of any covenant or agreement of
<br />Borrower In tkfs Deed of Trans. Including the covenants to pay when time any yum% secured by ibis Deed of Trust, louder prior to acceleration
<br />Shan am nonce to Borrower as provided in paragraph 11 bereof specifying: i 11 the brrarb: 1:) the action required to cute such breach: 0) a
<br />date, oat less than 36 days from the date of eolke is mailed to Borrower, by which inch breach must be cured: and fill that failure In core such
<br />breech am or before the date specified in the nodLr may rnoli to acreleranon of the turns secured by this Deed of T rust and sale or the Property.
<br />The motlee aYmY further Inform Borrower of tie eight to reinstate after acceier aloe and the right to bring a coon actlon to amen the non -
<br />ealalemee of a dehtalt at say other del'esae of Borrower to acceleratloo and +ale. If the breach Is not cured on or before the date spedfled in the
<br />modes. Lender at tender's optlw Maw declare aU of the sums secured by this lleed of I runt to be immediately doe nod payable without turtber
<br />dletmand and my invoke the power of sale mad any, ashes remledles permitted by applicable law. Leader shall be entitled to collect all reasonable
<br />clam" not expenses incurred to pnnuimg the rtrsrdies provided to this paraareph Ia, imcirsdln>l, bill sot limited 10, reasonable attorney '+ fees,
<br />it the power of title k invoked, remark, %hail record a notice of detach in taco county In which the Properly or some part thereof Is located
<br />and shall) sail cooks df such notice )s (be rmmnmOf prescribed by, applicable law so Harrower and to the other persons prescribed by applicable
<br />Is". Aber the law of such tine ma may be required by applicable law, 1russet %hull give public notice of sale to (be persona and In the manner
<br />ptemcrlbat by mppileahk low. Trustee. wltYamt desmmnd on &answer, shall sell the Property, as publk attcslon to the bighd!st bidder at the time
<br />and pipet sad tinnier the /train dtmignmlpl in eke "»lice of sale In one or more parceis and In such order u T'rustoe assay deseradne. Trustee may
<br />plasepana ask of ni a soy p esii of the Property try, Public amnouncrtmeat mr the time gad plare of any previously schedaled ask. 1 cadet or
<br />LenIM't Anl/aw any pwochaspoi the Property at may sale.
<br />Ups rlmaipt of payment of the price told, Trustee v ►all deliver as the purchaser Truster'- dead conyeving the Properiy wId. The recitals in
<br />at Trnaitn'e deed Hindi br Priva Frock evidence of the trmdb of the %tesemenns made therein T fuss" shall apply list pmcerds of she yak' In rise
<br />F illieweng ortw; sal to all rimmoo"Isir costs mind irifeemor of the aerie, ,pctndfaa, nut not limned to, f ryrolee's fee% of not more than 1.'F
<br />dg lIM from salm peir.'e. rereowbie mttnrney-r fern sad cost%:,I title r•,rleruv. chi to all tares secured by this lived of [rusk; sold art the riLOIt—. It
<br />tiny, to like per"* of pwwm logs], tsitWfa+l thereto
<br />a to litwatelc No, with,! r rnt,"it i C-Jr• I i.. ^'l� -I , .i ',r .n • �.t h- lym) -I ii,-.
<br />1.t flwrrrvtee IHgIIt
<br />the rtaht ru have er•r :>r, o, *+T ci r+cli,.n I,, I rrttlr, ,. ,I... .••, tnrehJ I J,... i ;i ;- -.r 'e.. r: I '
<br />f +.nth .1!.Iry riw .ak , I i.r Vt,..r••l F ta"e.i; e,t w.. .a,r .:. x...1. .. , ir- ., .Jira;r :,. .: r. .ny •.,,. _.
<br />t* ..r, r - c.. t .r, lye,. —. iv ._ a,; ,s to: err,.
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