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86-- 105462
<br />•. 1 andrmnatwe flu• titan• it .d ..ard nr c1A,m tit, damaj:rs doc,i - I , - nr,esfv m with Am
<br />sondcmtnalton nr other taking of the Prnp:ns, or pan thereof, rut rut tonve,,zme - lico of .onden,nalion. arc herchy assigned
<br />and shall he paid to 1 ender
<br />,s uued hs this Decd M 1 tusr
<br />In the event of s total takings of the Property. the Proceed, .hall 1W .,ppr,rd u• rhr ,un ae
<br />with the excess, d any, paid to Hotrower In the event of a partial taking -.t the I'r„pctty, unless Borrower and I colder
<br />otherwise egret in writing, there shall be applied to the sums secured by -hit I recd M I rust aurh ptopnrtion of The proceed:
<br />as is equal to that proportion witch the amount of the sums tccured I,y this Died of I rust rm.ned,alely prior to the date of
<br />taking heats In the fair market value of the Property immediately prior b, the date of taking with the balance no the proceed,
<br />paid to Rorrnwet
<br />If Jos: — ,.lisle . ..tvutd....... h• It..n..•.rr. it it slier not., c bs• I rmtc, Io 11.•,,,.,,. • rh., it,, ..n,.len ..•. offer, Io mnke
<br />u .tw.trd of 'elite a I Lroo Io' dansapc, It ...... wC, Iml, w tr,p„ud t„ I sndr, w rum tit JAv, air, the date suvh not.te ,•
<br />entitled. Lender is anthorired r,, wllect and apply the prrweeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured by this Deed of Tres.
<br />Unless Lender and Borrower othtrwise agree In writing An) such application of proceeds in principal shall not estenJ
<br />one the due date of the monthly installments referred to to paragraphs I and 2 hereof or change the amount of
<br />or ptnlp m
<br />cue installments
<br />" Ig. Barower Not Released. Extension of the time for payment or modifitatwn of amnngatio, of the sums secured
<br />by this Deed of Trust granted by I colder to any successor to interest of Borrower .hall not operate to release. in anv manner.
<br />the liability of the original Borrower and Borrower's successors in interest I ender shall not be required to commence
<br />proceedings against such successor or refuse to extend time (tit payment or otherwise modify amortilation of the sums
<br />secured by this Deed of Trust by reason of any demand made by the orippmal Borrower and Horrower's successor in mteresr
<br />It. lrerbrrotance by Lender NM a Waiver. A: v forbearance by lender in exernung am right or remedy hereunder or
<br />otherwise afforded by applicable law, shall not he a waiver of or preclude the exercise of any such right or remedy
<br />The procurement of Insurance or the payment of taxes or other hens or chuges by lender shall not be a waiver of Lender's
<br />tight to accelerate the maturity of the indebiednesn secured by tot. 1)"41 of Trust
<br />/2. Remedies ComeWlve. All remedtex provided to Ihi% teed of Trust are distirn r Jnd cumulative to any other right
<br />or remedy under this feed of Trust or afforded by law or equity, and may be exercised concurrently. independently m
<br />successively
<br />13. Successors and Asians Round; Joint and Several I.IabHlly; (aptiont. rte ,—enanis and agreement% herein
<br />contained shall hind, and the rights hnntndct shag more to, the tespective sus censors slid assigns of 1 ender and Borrower
<br />subject to the provis,ons of paragraph 17 hereof All covenants and agreements of Hntrower shall he joint and several
<br />the captions and headings of the paragraphs of ,nn Deed of Trttsl are for convenience only and are not to he used In
<br />interpret at Jefine the provisions hereof
<br />1d. Notice. Except for any notice required under applicable law to be given in another manner (at any notice to
<br />Borrower provided for in this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at
<br />the Properly Address or al such other address as Borrower may designate by notitt to I ender as provided herein, and
<br />Ih) any notice to Lender shall be given by certified mail, return receipt requested, to Lender's address stated herein ar to
<br />such otbei address as Lender may designate by notice to Borrower as provided herein Any notice provided for in ih.s
<br />Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated herein
<br />19. Uwiform Deed d Trust; Gevernlwg hw; SevembiMy. This form of deed of toot Lomhtnes uniform covenants for
<br />national use and non - uniform covenants with limited variations by jurisdiction to consotute a uniform security instrument
<br />N'
<br />coveting real propeny. This Deed of Trust shall he governed by the law of the jurisdiction in which the Properly is located
<br />of clause of this Deed of Trust or the Note conflicts with applicable law" such conn,ct shall
<br />In the event test any provision
<br />Trust Note be without the
<br />not affect other provnenns of this Deed of or the which can given effect conflicting provsiono
<br />Deed Trust the Note are declared in be severable
<br />and to this end the provisions of flit of and
<br />If. Barreown's Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time
<br />of execution or sites recordation hereof
<br />17. Transfer of the Prsleny; Aswmpden. If all or any part of the Properly or an interest therein is sold or itarrsferred
<br />fly Borrower without Lender s prior written consent, exchnlmg (a) the creation of a lien or encumbrance subordinate in
<br />th,s Deed of Trust, fh► the creation of a Purchase money security interest for household Appliances, r c) a transfer h) deru
<br />descent or by opentwn of law upon tit death of a prom tenant or till the grant ail any leasehold interest of three year or Its&
<br />cwt containing an option to purchase Lender may, at Lender's option, declare all The sums secured by this Deed of Trust to he
<br />»a
<br />emtatdiately due and payable. lender shall have waived such nphon to accelerate d, prior to the sale or transfer. 1 ender
<br />rs
<br />and the peon to whom the Property is to he sold or transferred reach agreement in writing that the credit of such person
<br />ro saitsfaetory to Lender and that the Interest payable on the sums secured by this feed of Trust shall be at such rate as
<br />I ender shall rrgnest If Lender has starved the option to accelerate provided to this paragraph 17. and it Borrower's successor
<br />to mteres has executed a written raumption agreenwrif accepted to writing by Undtr. Lender shall rekaw Borrower from
<br />'
<br />all ohligahrms tinder till Decd of Trust and the Note
<br />If Lender exercises such option to accel -rate. 1 ender shall mail Borrower notice no acceleratinn in accordance with
<br />pars`raph 14 hereof Such notice shall provide a pertcxf of not less than 30 days !rum the date the notice is mailed within
<br />dim 11 Borrower fault to he
<br />witch Borrower may pay the sums declared pay such sums prior to expiration of such period.
<br />Bo
<br />Lender may. without further notice or dem rid on Borrower, invoke any remedies permitted by paragraph 1s hereof.
<br />hicui Li.irIMM love Malts Borrower and I ender further covenant and agree as follows
<br />Is. Acceleraliun; RetwtNes- Eacepl ors prsvWtd M Paragroplt 17 hereof, open Rorrowtes breach of any covenant of
<br />sliseeieeM „f Rarrower its ibis teed of Tense, lndodkag rhr covenants to pay when due any sums secured by this Deed
<br />of Trust, l.rnaer prior to wtelrration shall mall notice to Borrower w provided In pansilemph 14 hereof specUying: 11) the
<br />breach: (21 the ectlmt required to con such breach; Of a date, net feu than 30 days from The date the notice b mailed to
<br />Borrower, by which sw h breach muss be cored; roved Id) MN failure to curt such breach on or Ware the dale specified
<br />its the owict may resMt M accekrelisw of the arms secured by this feed of Trost and sale of the Properly. The notice
<br />shall further inform Rerroswer of Our right to reingwe after acceleration and lost right to Ming a cow" action to aserl
<br />the mm.eaislence of a /chant or say Meet defense of Borrower to oceelenllon sod ear. If the breach k not cared
<br />on or bNere else duce apect0el In the a*Nee. Lender M Lender's option may declare ant of the sums secured by took feed
<br />of Tres1 N be hnmedk** rote and Payable wtthow further demand stood may invoke the power o' sale and ray other remedies
<br />permMeed by applicable law. leader sh M be tasMled N correct all reasonable costs road expenses laatrred M poesolmg the
<br />eewedln presided in Mfr ptngroph 19. hie' II a bell aid N"t4 to, reamo&k anarlaey's fees.
<br />If the power of sole M favel ed. Trustee *AN "cord a taNke of defsell M each county In which the Property or some
<br />z; M ilia by law Rwnwer
<br />Vat, flit "tt )s fa sod "atai eapke of swci oodco manner proscribed applicable to and is the
<br />other penom prescribed by appMesbk law. After The fops of such time as may be reyulred by applicable law, Trustee slooll
<br />girt -ablk notice of wk h dw penalties sod M the manner preserlbed by applicable lour. Trwlee, - Moroni demand on
<br />Banewer, shah Will Me Preps"y M POW aertlsn N the bkheu bidder N the time and place and under Ike ieraw designated
<br />M flit aMke of bole M one w aloe Pa"els mod M arch wile as Trustee may dererndae. Trwesee may postpews oak of all
<br />Nerve
<br />/gMc now art (Me lead plim of say pr"Nevely tebed" oak. lender w
<br />� tFared
<br />receipt of pynwoM of at pfce bbl. Trw ke shell deNser w fie purchaser TruNee'l deed conveying the Properly
<br />tali. *rte reckok Its alit Tonsillitis Itug *AN be prime flack evidence of Iht trulb of per stMewtNS muds list"M. Trustee
<br />dWO tpgiy Me pprreos"eertla d Act mirk In Ante #*Now* ads n (o) to laN rowosablt taus rood expenses of the silk, including. but
<br />ens alt Ni air Trelmke's home of ON we" lbw a of the gran ask price. reaaosabk sloomy's fees and taro of
<br />�
<br />IIRI e.ldmncq (b►N i sataa laftellld by AtY Cetdd tetrMS sad (s► IIN near, if sq, N the petrsa or petrsws kgagy emrMkf
<br />i Omni*.
<br />L f►. MnMers lllgM N ReMMNt. Ngwtthspandmg Lender's acceleration tit the sums secured by Ihis Deed of Iruu
<br />Borrower shell have pie right to have any proceedings begun by Lender in enforce this peed of Trust dtseoodmued at
<br />rosy urns prwr to the eorltsr to occur of GI the Afth day before the safe of The Property pursuant to the power of sale contained
<br />in this Cued of Trust L-r (nip story of a itd menl enforcing Ibis Deed of Trust d (a) Borrower pays Lender all sums which would
<br />be dui under d under this Deed of Trust. the Note and notes securing future Advances, if any, had no acceleratoa occurred
<br />(b) Borrower cures all bleaches of any other covenants or agrrsenerus of Borrower confunted in ilia Deed nl Truxl
<br />it) Borrower plays alp remactmobk expsnars Mitred by Lender end Tnntec in enforcing the covenants end agreemrnts of
<br />Borrower contained in this Deed of Trust and to enforcing Bender's and Trustee's remedtet at provided in paragraph im
<br />Armors/ inched +rig, but not limited to reasonable .ncgney't ftts. and (it) bet,r.wet taket s,.rh uhrn ai 1 coder mss ,raa .•sNr
<br />require to assure that the lien of this feed tit Truxl Lender's interes .r, the Proprriv and Bo.rowrt t nbltgallon n. pep
<br />V1 n _J
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