proceeds of any award or claim for damages, direct or consequential, in connection with an(,,
<br />of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby;assignea '
<br />IR likurn car Net Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Deed of Trust zrinstedby Lender to any successor in interest of Borrower shall not operate to release, in any manner,
<br />the - liability of the original Borrower and Borrower's successors in interest. Lender shall not be - required :to commence.
<br />proceedings apiat such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />11. Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be a waiver of or prechude the exercise of any such right or remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charge by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Deed of Trust.
<br />12. Remedies Cumulative. All remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />stsccessrvefy
<br />13. $ssceaaaors said Asn" Bovewi; Joint aid Several LialiMr. Captions. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall he joint and several.
<br />;
<br />The captions and headings of the parssraphs of this Deed of Trust are for convenience only and are not to be used to
<br />interpret or debe the provWota hereof.
<br />14. Nedra. Except for any notice required under apppplicable law to be given in another manner, (a) any notice to
<br />Borrower for Deed
<br />provided in this of Trust shall be given by mailing such notice by certified mail addressed to Borrower at
<br />Me Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, and
<br />(b) any notke to Lender shall be given by certifed mail, return receipt requested, to Lender's address stated herein or to
<br />such other address as Leader may designate by notice to Borrower as provided herein. Any notice provided for in this
<br />Deed of Trust shall be deeegaed to have been given to Borrower or Lender when given in the manner designated herein.
<br />13. Unilmse Dead of Transit Go"raking Law; Ses'erabBky. This form of deed of trust combines uniform covenants for
<br />national use and non- uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument
<br />covering real property. This Deed of Trust shall be governed by the law of the jurisdiction in which the Property is located.
<br />In the event that any provision or clause of this Deed of Trust or the Note conflicts with applicable law, such conflict shall
<br />F
<br />not affect odder prove" of this Deed of Trust or the Note which can he given effect without the conflicting provision.
<br />i
<br />and to this end tiro provisions of the Dad of Trust and the Note are declared to he severable.
<br />xj
<br />16. On -woes Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time
<br />of execution or after recordnion hereof.
<br />u
<br />17. Trander of Me Pmt"; Anompdoe. If all or any part of the Property or an interest therein is sold or transferred
<br />by Borrower without Leaders prior written consent, excluding (a) the creation of a lien or encumbrance subordinate to
<br />this Deed of Trust, (b) the creation of a purchase money security interest for household ap liances, (c) a transfer by devise,
<br />descant by law death
<br />or diperallon of upon the of s joint tenant or
<br />Lender may, at Lenders option, declare all the sums secured by this Deed n Trust to be
<br />pt ,
<br />immediately tie and payable. Lender shall have waived such option to accelerate if, prior to the sale or transfer . Lender
<br />the to whom Property is to be transferred in the
<br />a
<br />a
<br />and pmon the sold or reach agreement writing that credit of such person
<br />is satisfactory to !..ender and that the interest payable on the sums secured by this Deed of Trust shall be at such rate as
<br />I ceder shall request. If Lender has waived the option to accelerate provided in this paragraph 17, and if Borrower's successor
<br />in interest has executed a written assumption agreement accepted in writing by Lender, Lender shall release Borrower from
<br />all obli loos under this Deed of Trust and the Note.
<br />i
<br />if Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with
<br />Wragraph 14 hereof. Such notice shall provide a period of not less than 31) days from the -date the notice,is mciled within
<br />which Borrower may pay the sums declared due. if Borrower fails to pay such sums prior to the expiration .of such period,
<br />Lender may, without further notice or demand on Borrower, invoke any remedies permitted by paragraph. 18 hereof.
<br />Not+- UNteoam CoveNANTs. Borrower and Lender further covenant and agree as follows:
<br />I& Acceleration; Remedies. Except as Provided in paragraph 17 hereof, upon iorrower's breach of any coveram or
<br />agreement of Borrower in this Deed of Trust, Including the covenants to pay when due any sums secured by this Deed
<br />elf Trust, Leader prier to acceleration shall amY notice to Borrower as Provided in paragraph 14 hereof specifying: (1) the
<br />Mi(2) *a action required to cure such breach; (3) a dole. not less than 30 days from the date the notice k msikd to
<br />er, by which seed breach ausst be cured; and (4) that failure to cure such breach on or before tie date specified
<br />In the made* may result in acceleration of the suss secured by this Deed of Trust and sale of the Property. The notice
<br />' Idest further Interim Borrower of the right to reingole after acceleration and the right to bring a court action to assert
<br />Nse'aou-exiskince of a defauk or any other defense of Borrower to acceleration and sae. If the breach is not cared
<br />as K bdaee' the .data specified In the notice. Leader at Lender's option may declare ale of the sums secured by Ibis Deed
<br />of Tssrt to, be'keemediseely due and payable wipeout further demand and may invoke the power of sale and any other remedies
<br />peru iNlsd ti appkeabk law. Lander shall be entitled to collect ale reasonable cods and expenses Incurred In pursuing the
<br />►emedka lisavidd In this paragraph It, iscludiall. bull not Hashed to, reasonable atloraey's fees.
<br />R 1is' er of ode k invoked, Trartee oboe record a notice of default in each county in which the Property or some
<br />peen ... .. and stall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the
<br />oMer;porawts'pracribed by applicable law. After the lapse of such time as may be required by applicable law, Trustee shall
<br />w�vtt �aYEc audee of ank N the praeas and its the manner prescribed by applicable law. Trustee, without demand on
<br />iMtrweRatlbar rift the Pwpsty at pvWc merino 10 the highest bidder at Ike time and place and under the terns designated
<br />i• fha of of oak is ens sr waft poe ee said in such order at Trustee may determine. Trustee may postpone sale of ale
<br />or may Peres[ of So Ilimporfy by ImM onaouneeaeeat at the time and place of ay previously scheduled sae. Loader or
<br />Isuder's bayous an" laealwm Yes It ft at any sale -
<br />etf paswnt drf fba bid. Teuton stroll ddlver to Me purchaser Trustee's deed conveying the Properly
<br />Bali. sedmik III the Ttwlee'et dead shad be prim lack eviisace of the truth of the slstemea s rude theteLe. Trustee'
<br />sbd i up* ftelp tie in of sine sae 1s Ike hBayrIl o fah ie all ressotmble costs and exposes of the ask, inciaaiug, but
<br />rsistlyd,M his dins 1% tees
<br />wM sealas's ed rivet arare of the gross isle peke. reasonable attorney's and cease of
<br />o eN'0) N i swiss married by side DoW of Trans; and (c) the excess, It ay, to the person or Persons legally entitled
<br />Id. bersoworle Right to Relaide e. Notwithstanding Lender's acceleration of the sums secured by this Deed of Trust,
<br />Dorrexsr shall have the right to have any proceedings begun by lender to enforce this Deed of T'nrst discontinued at
<br />any prim to the earlier to occur of (i) the Milt day before the sale of the Property pursuant to the power of sale contained
<br />in "Deed of Trust or iii) entry of a judgment enforcing this Deaf of Trust if: (a) Borrower pays Lender all sums which would
<br />be then due under this Deaf of Trust, the Note and notes securing Future Advances, if any, had nn acceleration occurred:
<br />(b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Deed of Trust:
<br />(e) Borrower pays all reasonable eapenws incurred by Lender and Trosice in enforcing the covenants and agrccaents of
<br />Bormwer contained in this Deed of Trust and in enforcing L.coder's and Trustee's remedies as provided in paragraph I5
<br />hereof, including. huh not limited to, reasonable attorney's fees; and (d) Harrower takes unh action as !.ender man, reasonahll�
<br />-
<br />iegt +ire to sssum that the lien of this Deed of Trust. Lender's interest in the. Property and Horroacr's obhgatk +n to pas
<br />
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