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t <br />9. Condemnation. Tnv. ; iciceeds if any away,", e. ,, ,.,n f ,r :... laua.s Or � , i5 €:gull list. is v,._i ilectioti witn any <br />ccndemnalion o. either IF -King of the Properlrv, of pal', thereof, co for convey< n e in s!et �f i cr�a€ atsur�, �ee hs�ra#�y asp +caned <br />and shall be paid t) Lend i <br />In the event of a total a sr,g of the Property i e proceeds snali ne applied to tt.e sum , sec: r e d by this t3a*eci of Trust, with <br />I <br />the excess, if any, paid to Borrower In the event of a partial taking of the property, unless Borrower and Lender otherwise <br />agree In writing, there shall be apprised to the sums secured by this Deed of Trust such proportion of the proceeds as is equal to <br />that proportion which the amount ut the sums secured by this Deed of Trust immediately prior to the date of taking bears to the <br />fair market value of the property immediately prior to the date of 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 Borrower that the condemnor offers to make an <br />award or settle a claim for damages. Borrower fails to respond to l ender within 30 days after the date such notice is mailed. <br />Lender is authorized to collect and apply tt :e proceeds. at Lenders option. either to restoration or repair of the Property or to <br />the sums secured by this [lees of T; us:, <br />Unless Lender and Borrower otherwise agrees writing, an'y such application of proceeds to principal shall not extend or <br />postpone the due date of the monthly mst Vriier,P, referred zcO in paragraphs 1 and 2 hereon or change the amount of such <br />installments. <br />10. Borrower Not Released. Extension ot!he lime i rilla ymentarmodificationofamortizationofthesumssecuiedbythis <br />Deed of Trust granted by Lender to any successor inn interest of Moiroaver shall not operate to release, In any manner. the <br />liability of the original Borrower and Bcsrower s successors interest. Levier shall notce required to commence proceedings <br />against such successor or refuse to extenul trine for payment i i ,otherwise modify amortization of the sums secured by this <br />Geed of Trust by reason of any demard made ny the original Borrower ;ind Borrower s successors in interest. <br />11, Forbearance by Lander Not a Waiver s `J `_r :.. i price DY ;>.de: r .c :<is rig any right or remedy hereunder, or <br />otherwise afforded by app icab :e l:a� shwi i ._i tw a ova ver :1f or piec'.ude -le es :ercise of any such right or remedy. The <br />procurement of insurance r e payment w l axe n, ctt r'iens t r charges by Lender shall net be a waiver of Lender's rightto <br />accelerate the maturity of the incetateone.ss secured oy this Deed _f Trust <br />12. Remedies Cumulative Al; re. , es �: is d lea ,. Tr -rat r e +7isfinCt. ano cumulative to any other right or <br />remedy under this Deed of Trust or ah5rded h„ u,. - ecuity . ano rnag ce exercised concurrently, independently or <br />successively. <br />13. Successors and Assigns sand: ,tsarist and Several wsahiWFa ova <.pirons. ' e covenants and agreements herein <br />contained shall bird slid ire'Ig is belt a .at-, sr a .r +u ,.,, th,e e spe. t.: s,. . ilsso! sand assigns of Lender and Borrower. <br />subject to the pr,s :s,ofis u t:... agar, er _ a :_ u f B�ii�.war shat' be point and several. The <br />captsansar.dheadrngs it, r ;�rz-,Y s.<.res., y_. �er _i,- ,d are not !obe used 10 interpret or <br />define the provisions :eveef <br />14. NWke. Exceptfo; any -,office rtcruaed , - .e< aw ,, r,,gi,ell iiianomej manner, (a) any notice to Borrower <br />provided for in This Deed of T rubz sna uH . yea l_: ra, ;,ny suer, nut- y !.ei t:li¢md mail addressed to Borrower at the Property <br />Address or at such other address as Sufruwtr may aes gnate t; nozico to Lerioer as provided herein. and (b) any notice to <br />;ender shall be given by certified mail_ retu,r receipt req - ested. to Lender's address stated herein or to such other address as <br />Lender may designate by nc l c:e to 5, aru ,&er a� i. . ided tip rein. Any rot ;ire provided for in'his Deed of Trust shall bedeemed <br />to have been giver? to, Borrower Wr it,.dei *ter gsvFn , Me nzarinil r �Ies,giS 2xetd herein <br />15. Undornt Do" of Trust; Governing haw; Severabi ty_ t he farm of deed of trust combines uniform covenants for <br />nallona, use and non un - :r_rrr v with limited (ariatrons h .uad hor to ccisiitute a uniform security instrument <br />covering real protlemy_ T1,,s Deeo L,: T , s' st,,ai: be go +e r_ 3 b, ire law --It tre jurisd'cf :_; it iwhic' the Property is located. In <br />Me event that any provis;r_s; 0 ;.a'.,ae ,f - 5 Deed pi Trust r,r the Note, C) if` cl'> with aprlicable iaw, such conflict shall not <br />affectotherpircvlsl9 asof €nis —edc)rT ,. t,it 'no Note wh =chcar , air e;' effectwitnouttii econflicting provisions,andtothis <br />er the provisions ill the Deed of Trust and The Note are stet :are tC be severable <br />16. Elo€ rower's Copy. Bcrrowee shat= to furnished a con`ormel c ^p, of the P:nte this Deed of Trust at the time of <br />execution or after reccrtlall -e =r vi <br />17_ Transfer at the Property; Asia tio+a_ .. ai: i:'. i t. in Auj �_ ,lt thureirt is soil or transferred by <br />rrower erdei'spr,or wt: `� ..t ;ua.5�fat,uav;uwt �,rs'1th....rzs,ie ;��v,a ,u ;e c,zi ca , :,bian:ce:subordratetothisDeed <br />ofT „ast,(b)thecreationofswurGt :as ,crzy urty; to st€ riiousar io ,; liar ;ce5.ic. a tiansferby devise descent orby <br />operation oti aw upon theaeatno `aioin.le..ant„rlditheg antofaryt ecasehvi.. rr, terestof three years or less not containing an <br />option to purchase. Lender may. of L er's op ion, uec!are all the sums s e> by this Deed of Trust to be immediately due <br />and payable. Lender shalt have waived such option to accelerate if, prior to the sale or transfer, Lender and the person to <br />whom the Property is to be sold or trarsterred ream ragreemer4 in writing that the credit of such person is satisfactory to <br />Lender and that the interest payable on the sums secured b � fn!s bee,a of trust shall be at such rate as Lender shall request. if <br />Lender has warded the optio.ri to a_ „e.erate l .i ;ed in anc it :tilt wen's successor in interest has <br />xceuted wrdtte! assuntpt!c ;i ayr _. s acre e” r: .. ;yhs :;e: e s .! r are Rorrowerfrom ail obligations <br />under this Deed of Trust and the Note. <br />if Lender exercises such option to ar.__ele.ate. ter de ,trill .,a,, Borrower n r. ,e of acceleration in accordance with <br />paragraph 14 hereof. Such notice shaii provide a pe,cd !e ha ?,) d ys f, J n the;-ale the notice is marred within which <br />Borrower may pay the sums declared due it B,. owe, s tra par Ch su s prior to the expiration of such period. Lender <br />may, without further notice or demand ,- Q -,over ... y, �,.,._, r rm!° ed n. -aia rapt, 18 hereof. <br />NON - UNIFORM COVENANTS. Borrower and @-evader tuether cnr@nant and agree as !allows: <br />16. Acceleration-, Remedies. Except as cloli led ! ar inracn 1 7 hereot Rr>rrower'S breach of any covenant or <br />agreement of Borrower irf this €Deed or _ TrLst,,riciud.rig tie v ,pay w due an • sums secured by this Deed of Trust. <br />Lenderpriortoac eei?ti(.1r, .. i�.et 3or? ^,ve 3., c ...a, ,fap i ^,ebieach ,-(2)the <br />action required tc cure such breach, i1 a date no, iesst'lar 30 days rrorn Inc date?f e ncticfe is madela to Borrower, by which <br />such breach must be cured; and (4) That `allure to cure such breac r, c:r befcore the rate Spec -lied in the notice may result in <br />acceleration of the sums secured by this Dead,)' Trust and sale of €he Procier v The notice shah further inform Borrower of the <br />right to reinstate after acceleration and ire rightto bring a cou °a: action la assert the noel- existence of a default or any other <br />defense of Borrower to acceleration and sale, if the breach is not cued faro or before Ine date specified in the notice, Lender at <br />Lender's option may declare all of the sums secured by this Deed ot''r st to be !rc, ;neciately due and payable without further <br />demand and may invoice the power of sale ant$ any othef seta :e rtes permitted by appiicabie law. Lender shall be entitled to <br />collect all reasonable costs and expenses incurreo in pursuirig the remedies provided in the paragraph 18, including, but not <br />limited to, reasonable attorney's fees. <br />!f the power of sale is invoked. Trustee shat! record a notice c= aeiauii eau; cc u7 ' :- , ,. e p eaerty or some part <br />thereof is located and shall mail cupies of such notice in the manner prescribed by app'icabie taw to Bori uwer and to the other <br />persons prescribed by applicable taw. After the lapse of such time as may be required by appiicabie law. Trustee shall give <br />public notice of sale to the persons and in the spanner prescribed by appiicabie law. Trustee without demand on Borrower, <br />snail sell the Properly at public auction to the highest bidder at the time and place and under the ter- is designated in the notice <br />of sale in one or more parcels and in such order as Trustee may determine. Trustee may postpone sale of all or any parcel of <br />Me Property by public announcement at the Time and place of any previou .iy scheduled sale. Lender or Lender's designee <br />may purchase the Property at any sale. <br />Upon receipt of payment of the price bid. Trustee sha".i de:rver to the purchaser Trustee's deed conveying the Property sold <br />'s <br />The recitals in the Trus deed shall be prima facie evidence of the truth of the statements rude therein. Trustee shall apply <br />the proceeds of the sale in thefotiorsingorder. a) toallreasonabiecostsandexpen, sesofthesa leinclud!ng,butnotlimitedto. <br />Trus `s feel of not more £flan _. _ of the ;loss sale price, reasonable attorney's fees and costs of tibe evidence. <br />`bi to all sums, "cares by this Deed of Trust; and lc) the excess if any to the person or per =egaliy entitled thereto. <br />� <br />1$, 's to fttalnatsfte. Name tlhstand?ncg Leil,der s accelefa•,irm of the sums secured by this Deed of Trust, <br />Borrower shall have The i'ghttor have any procewJm9stiegur, by [, nder to ®ntercethe L 3 f Tryst d +seunt!nued of any time <br />r5rts`N 8rk t*`te eastskfs s'. t£;.Ci.e rt.;the rtThaa' Pr.perrypt!-warittol e. dowel of%aiecontained i n the Deaf! <br />f truss t t entry f rd9ni",n ertof rg!Nti Dee i J: T-Ustxf iai nays Let-idey Oil 5 irn,, wt i .h would !d b her doe <br />7�der This -d,31 i, dst, Ih.e Mist* airlo rcliey sPc,_­9 t )t 9 a y 1 } ilo ii cr -rig a hill, - d e't ibi f;�rr wen <br />9 t`?aF - .hfmM A Ar -'y At"of ii*b' i t f rta9r�ii@ 1S'ii t2 lag 'R r _ t fi: fa .r t' ^3 Deed 01 � F2 rV g1yC i 3yq ri -i <br />01e3 L n ;r, v.1 ,,,', ,ass fwt.i ile ,a•h} :a�* ti .� .. �: ,;; '- _ . , u lea e _ Jny z.,,ai.^, <br />_ r ?vii :' <br />