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AA^�O 103'731
<br />by this Deed of Trust immediately pnor to the date 'If taking .ary u� the rant mar;cct value of the Proper lf- Miately prior to the date of
<br />taking, with the balance of the proceeds paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to fk,rrower that the condemnor offers to make an award or selfless
<br />claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to coiled and
<br />apply the proceeds, at LendWs option, either to restoration or repair of the Property or to the stems secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in wnting. any such application of proceeds to principal shall not extend or postpone the due
<br />date of the monthly inatallnrealts referred to in paragraphs I and 2 hereof or change the amount ot'such installments.
<br />10. Nor'tswer Not Rdemed. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />granted by Leader to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and
<br />Borrower's successors in jnteresa, tender shall not be required to commence proceedings against such successor or refuse to extend time for
<br />payrmnt or otherwise modify amortization of the sums secured by this Decd of T! ust by reason of any demand made by the original Borrower
<br />and Borrower's successors in interest.
<br />11. Ferbeuanee by Lender Not a Walter. Any forbearance by Lender :n cterosing any ri;th; .)r remedy hereunder, or otherwise afforded
<br />by.applicable law, shall not he a waiver of or lue (udc the exercise of any ,uJi right it remedy. the pt o urement of insurance or the payment of
<br />taxes or other liras or charges by Lender shall nst be it waiver 01 1 Chide.', right to acceieratc the MUMMY of the indebtedness secured by this
<br />Deed of Trust.
<br />12. Remedies Cumulative. �Sil IemeWes provided in this Decal of Trust are di;tlnct and cumulative. io any other right Or remedy under this
<br />Deed of Trust or afforded by law or equity, and may be exercised concurrently. 1rdependerttly ,)r Successively.
<br />13. Suecemon sand Assigns Bound; Joint and Swveral Liability'. Captions. The covcnants and agrcetnents herein contained sha11 bind, and
<br />the rights hereunder shall mnre !,`., 'fie rn ivetti,r and w"lie ii of I ender and Witrower, subject to the provisions of paragraph i7
<br />hereof. All covenants and agreement± t ;! Harrower st,adt he tu: nt and several i?ic .a; t:ou, and headmils of the paragraphs of this feed of Trust
<br />are for convenience only and are not tc0 he used tc Interpret of t;eftne ! he pro +!stop, h_icrl
<br />14. Aotlee. Except for any notice ., equirrd under appircai,,Ie iaw to be u,. en :r, another manner, (at any notice to Borrower provided for in
<br />this Deed of Trust shall be given by ma�l:ns, .u.n na)t;cc by cr,7ifte :titan addrrssca 1, Borrv%cr at the JImperiv Address or at such other address
<br />as Borrower may designate by notice to I ender as pro) tiled Itneua. and (h) ant less r a) t.erder shall be given by certified triad, return receipt
<br />requested, to fender's address stated hcreln ,,t Ic- suite ")then awdrcss as t ender niay designate by notice to Borrower as provided herein. Any
<br />notice provided for rn this teed of Truss ,halt b-, "fecmed to lta� r :')ern given to Botf owes of Lender ss bcn given in the manner designated herein.
<br />IS. Uniform Deed of Trutt; Gil,crMng Law; reversbility, Iht„ corm of :Iced of trait combines uniform covenants for national use and
<br />non - uniform covenants with hmi!rd tarlanortc h,- crtsdutuvn t;, :or ;.,titure z un[tornl se urav instrument covering real property. This feed of
<br />Trust shalt be governed by the law of the duniet• :II•+n in which the Properly " located. In the event that any provision or clause of this Deed of
<br />Trust or the Note conflicts with appticabie ia,w ±uch - orifliet shall not atfe i orhet pm -srons of this Iecd of Trust or the Note which can tie
<br />given cffn-t without the conflioung pro, l,ton, end u, this end the provision .)t thr Dced of I rust and the Note are declared to be severable.
<br />16. Borrower's Copy. iltarrower that, tie :wnit;ird a <nntormcd :.ps of the vote and of this feed of Trust at the time of execution car
<br />after recordation hereof
<br />17. Transfer of the Properly; Assamption. if d) or any p art of 'he Protvrty ur an interest theism „ ,otd ;Ir r,ansterred by Borrower
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<br />without Lender's print written consent, ex_hn1l, ^g I't) the aeanon of a net - meunthrance subordinate to Ihts d iced )f I rust, (b) the creation of
<br />a ptrnhasr money sttunq murni for hot .c rr,;t a pt, ha Tit Cs, lit a �tansfrr py 'ridge, descent !Ir by ,iperatnm t,f law ctpon the death of a tern[
<br />lenam or (d) the grant of any leasehold ;wernt ,,f Ihscr yca!s m ley; not ..olvilining an option to pun.hasc. I endet !ray. at Lender's (iption.
<br />declare all the sums secured by this (ecd n! Trust ro 'x enunedtalely .due :end pc,ya'?lr 1 ender shall have waived such option to aceeicrair it,
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<br />prior to the sale or transfer, I ender and the parrs" +n s h,,n, the Pr.,p tl), n ie-,+ i •ranslerred rca. -h agreement to writing that the credit rat
<br />Lcndri
<br />such person o satisfactory to and thel he tstc.e•sI payahic on the 'urns ,t,ur if , this Deed of 1 rust shall h,: at ,uch rate as Lender ,hall
<br />request. If I,ctider has waived the optuyn le ;uccirralc - o,uled tit Ihi, paragraph C, .end ;I & ;!rower's + :ua:essor In interest has executed a
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<br />wnilten assumption agreement accepted it, Ilt;og hs ! older, 1 ender Mall mirage Bnrro> rr ttom all ohtigations under this Byeed of Trust and
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<br />the Note:
<br />It Lender exercises such option to d,t.elebate, t,tnder ;had) il,all BorruwC! Ill,li,C .,! dt,elcranvil iii accord'arwe will; paragraph da hereof
<br />Such Notice shall provide a period of not less ^han 4i dada tr,:at z t : late �hc n.,r!,e ;railed within, -111.11 Borrower may pay the sums declared
<br />due. If Borrower tails to pay such corn, prier to the cspiranan cl: ,uch +,ern'!. !ender may, without further notice or demand on Burrower,
<br />invoke any remedies permitted by paragraph i$ hc.cot
<br />NON- UNIFORM COVEN \NTS Borrower and 1 cntfrr let t.hel %, eiw f,i and ngrcc .t ', +llow,
<br />19. Acceleration; Reuaedies. lhcepi as provident in paragraph 11 hereof, upon Borrower's W"Cir of any covenant or agreement of
<br />Borrower in this Deed of - trust, Including the covesauts to pay when due sny .ums secured by this Deed of Trull. I raider prior to scerteration
<br />shay mail notice to Borrower as provided in paragraph 14 hereof spdtiiydng; ill the breach; 121 the action required to cure such breach; 13) a
<br />date, not less titan 30 days from the date of notice is mailed to Borrower° by wbtcb such breach must be cared; and (A) that failure to cure such
<br />breach on or before the date specified In the %otter may result in acceferrdon of the sites secured by this Deed of Trust and sank of the Property.
<br />Tic seller shod furtber ;dorm Borrower of the right to reinstate after acceleration sad the right to brift a coati action to assert The non -
<br />ealalrsee of a defsah or say other defeme of Borrower to acceleration and sale. If the breach is not cured on or before the date specified to the
<br />ltedee, Ladder at Leader's option may declare an of the sass secured by Ibis Deed of 'rrwl to be Immediately due and payable without further
<br />ditlmd std say invoke The power of sale and any other remedies permitted by applicable law. Leader shag be entitled to collect all ressaraabk
<br />confused expenses incurred in pursaing the remedies prnvlded to this paragraph 18, including, but not Iimlled to, reuonabk attorney's fees.
<br />If the /minor of min in lavnked, I rosier idling record a notkY of detauh in each county in which the Property or some part thereof is located
<br />and shall sail copks of such ootke in the mason prescribed by appticabie law ro Borrower and to the other persons prescribed by applicable
<br />aw, Aher the hipae of garb time as soy he required by applicabk low, frustre shall give public notice of sank to the persons and is the manner
<br />pfd by app In%. Trustee, without demand an Borrower, shelf sell ibe Property at public auction to the highest bidder at the time
<br />and place and under the Sense dooli acted In the notice of sale in tine or more parcels and In such order as Trustee tries determine. Trustee mss
<br />11, 10 Ode Of ON Of say pmevi of The Prnprny by public announcement at the time and place of any previously wbeduted sank. Lender ur
<br />lasdWit dedgme stay purchase the Property at any sale.
<br />Ltpua recaltool rat payseal of [be prier bW. Trustee shall "is" to the purchaser T rusier's deed cony) ins the Property sold. f be recitals in
<br />lie YtsNee'a decal ebas he prism fscie eyideaw a 0 r►e dratk of the statements made ikerne, r rustee shall apply the proceeds of the sank in be
<br />hbswilug dsednt fah to an removable coats and npaaw,t of rise sak, ine'ludfst. dill not limited to, T'rustee's fees of not more than NfA a
<br />of ibe grew sole price, neaOOnnkk sttotssy's fees sad cani6x of title "News ihp eo ail suing secured by this Dyed of Irust. and to the rscrss, it tit
<br />my, to UK patios or perwas Wilialh ratitled tbernro `
<br />lti.. bunoia r`ti Itighi to ""tote ''t"I a=,tt- am)ing i rn+ie n „el- . .... . hr ,._..trl+ .r ,,..., `1 !h:, ; h"ra! . +' f •;I.,_ H•+ +w e, ,Biel, ha +c 3
<br />the riaist to haw any t s i sa;rir, ' r;it --ice : _. Boer; -! I .,I ,1!- u...,,td v 171'. a„ h< • „• er,. ,+,, I I ,.,.
<br />hOh dai, IVI'Me tht air : r > eel r . ; uuanl , ie. c,we =t 9a7r :' e.. ' Olt! I
<br />tree] esf roiio +f hat It”, ,MC poya 1 �isSr t1i "-1, "i- 1. -t
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