i.
<br />9. Con0ampation, 7rt proceeds ary rw€irn a n, v l ayes lrrect o corsequamial. =n ,onacteo i wd any
<br />near ;motion of other tiaKing l the Property, l.lr fart ihereol, or i, r ccriveyan e in :feu o1 condemnation, ata nereby assigned
<br />and shalt be paid to Le icier
<br />in the event of a total taking ral the Property, Me fsroi Beds snail be applied to the sums secured by this Deed of Trust, with
<br />Me excess, if any, paid to Borrower an the event at a p<aftial taking of the Property, unless Burrower and Lender otherwise
<br />agireein writing; there shall be aplatied lathe stems secured by this Deed of Trust such proportion of the proceeds as is equai to
<br />that Which the amount of Me seems secured by this Deed of Trust immediately prior to the date of taking beeirs W the
<br />fatr market value of Me property immadlaWy Brio. 10 the date of taking, with the balance of the proceeds Paid to Borrower .
<br />If the Property is abandoned by Borrower, of ,t, after notice by Lender to Borrower that the condemnor offers to make an
<br />award or Settle a claim fca da s. Borrower tails to respond t0 Lenten within 34 days after the date such notice is maafiad,
<br />Lender is authorized to collect and apply the proceeds, at Lender's option. either to restoration or repair of the Property or to
<br />the stuns secured by this Bleed of Trust.
<br />Unless Lender and grower otherw,s l agree it writing, any such application of proceeds to principal shall not extend or
<br />postpone the due date of the monthly mstailme :nts sefer red to it ravagrarhs t and 2 hereof or charge the amount of suet,
<br />installments,
<br />18. Borrower Not Released. Lxter siai i of tr +e ti? 1 for ° yn1E?nt or n Cifica'Cior: of asnoi °ization of the si;sats secured by this
<br />Deed of Trust granted by Lender to any sn ccessor in interest o, Borr.uwar shat) not operate to release, in any manner, the
<br />fiabi3ity of the original Borrower and Borrower's successors interest. Lender shall not be required to commence proceedings
<br />against such successor or r efuse to extend time tot payment ur otherwise modify amortization of the scams Secured by this
<br />Deed of Trust by Teason of ca€ty demand ;rude by tine osigiriai Borrower rand €iorrrwer s successors in interest.
<br />11. Forbearance by Lender Nell a Wiuver y . >rbeti anc c by e n rx. rc s 4 ant, right or remedy hereundea, or
<br />otherwise affafided by applicable taw. shat; .7 1 be i was ar :.1 pfl.c!udB nf- exe:c,se if a. a Such right or remedy. The
<br />procunameni of insurance of the payfrient of taxes or otn- r tie s r' :r criarges by Lender shalt no', be a waiver of Lena is right to
<br />accelerate the maturity of tine indebtedr*ess secured by this Geed, , Tr, _ sl
<br />12. Remedios Cumulative All -errlcd es providec 'n tnos Dee r T-,-�sl a e, iiilinct a o m alive ; arty other right of
<br />remedy under the Heed of ust or ar€crrdeo by aw .r equityt and may be exe secs :�rcurren!!y ,rirfe ndentty or
<br />successively.
<br />13. Successors and Assigns Sound; „toast and Severilil UabMy Captions. Tt >! , s ano agreeniefils herein
<br />contadraed shat' b {:d: and t,.e, ioltt5 i;eseunde. ss,_,:: i' :. � e ., -, tf espec.t: : =- u., ,,also ., 3 ru ass.g, .s e>± i eider arw E�arrower.
<br />S[:b ;£.c,7 to the '+''•ry 5t,r t'itl'e! s, iii tie ssrid several. The
<br />c.aPti +ns and headings atvheparagr p ;s o :tr..sc-a :i,f r. ,_a;.fo,t to inilerptetos
<br />defame the provisions rreret.g.
<br />14. Notice. Except tot any notice ret;uiieal tae da';`U La r- iBO, - �� P S u ^,72f't -� -.a rt�r. ;aj 23€tp notice t0 �Drts�w�:�
<br />>rov +dedforinthss 3fTrastsh3r alive lyn x :ii. bareszn ofl ,_oyvi~,t,iveainailaoijessedto rower at the Property
<br />Address w at such other address as Boi rower =Tray aes4g ""ate by tnutice to Lerider as proviaed herein, and (b) any notice to
<br />?ender snail be given by certified mwi. return; rereipt requested. to Lender's address stated herein or to such other address as
<br />Lender may designate by r:otice 10 Bcr rower as orovoed r ere =r; Any natIce provided fo this Did of Trust shalt be deemed
<br />to have beefs given to Borrower or Lender wi- n given .lnemanrei designated here ,-,
<br />15. Uniform Deed of Trust; Governing Law; Severabilitty. The form of deed of ;rust combines uniform covenants for
<br />national use and nor,- uniform cov--nanis with limited variations by jurisd ..tar ,o constsditeia uniform security inakFumani
<br />covering .reap property TnIs Deed o' ,us, sha§i be governed by the law of the ir.+risdi ,!4 r= iii which the Pr is !
<br />the event mat any provision or ciarsse cif itus Dot of T rust , or the R!- rte::e ' :acts witn a, picabie law, such arise iol' sh . *lt!
<br />afifect other Provis+ons of Pais Deed of Trust 0r the Note wn cn can be giver; etfe ,t wimcut the conflicting Provisions, rand io this
<br />eir:d the provisions of fine Deed of Trust and the dote are neclared tc: be seve =able.
<br />16. Borrower's Carry. Borrower s a I be ; j- rished a of n ie Aiole and of this Dead of Trust at the time of
<br />execution or after recorda hetel-. f
<br />17_ Tfansar at the Pro;i6rty, Assunipucri. la 1 ;Mtrc. , ; is ; i �r a rsnsferred by
<br />sf rrawet witnov, Lai lee's pr. r. w. me , _ u se e..�, s y ,a; _hL u. slit=s; u' a „f r,I + Lu,,,r a ice subordinate to this Deed
<br />of Trust (b) the creator`: of a purcnase nkuf+eY sec, uei;v :rite. st for huustiiii0iO aP iar>cbl;,. sci a transee+ by devise descent or by
<br />operatron of law upon Ina death, of a ;oant tenant or td) the giant of any t€,asehoid interest of three years or isss not containing an
<br />option to purchase, Lender may, at Lencef`s opt .r:. den :are all the sums secured by this Deed of Trust to be mmedsateiy due
<br />and payable, tender snail have waived such option to accelerate if, Prior to the sale of transfer. Lender and the peredin to
<br />whom, the Property is to be sold or transferred reach agreement in writing trial the Credit of such person is satisfactory to
<br />Lender and that the interest pavabie on the Burns secured by Mss been of Trust entail be at such rate eS Lender Shalt request. if
<br />L,Endec ilea waived ?he O�ntsirt to oacce=efate pro's;,aed in "n's par grspr a ^d ;fir; ;rower's successor in interest has
<br />executed a wilder; assumption agre*eme w, accepte,, ir. ,y , :rig by l Ynder .n ^rimer $t ,i ruf.B?5i' E3ori �wf;r frgrn a3i of;}l4 ^�8tidirls
<br />under this Deed of Trust and the Note
<br />if Lender exercises such onion to accelerate, reader shall iTl al Borrn'w®r cot,ce : f as.ceieaation in accordance with
<br />paragraphs 14 hereof. Such rot=.ce shrill prov;de a peri 3J,-JaYsf'omtrieanTC the notice is mailed within which
<br />Borrower may pay the sums declared due. if Borl -Owen "3 , ,•o Pav s,j !: sums
<br />, errpnrffiiotr o to the expiration of such
<br />period, Lender
<br />ma y , without further notice nr derna r e r ri,i a ?ry y war a ^ra n 1 8 herecit
<br />NOWUMFORM COVENANTS. Borrower and Lender further coyenartt and agree as f laws:
<br />18. Acc atioce; Remedies. Except as pr v cued — -�ara rarin I -, uoon Rorr. wens breach ,A an; covenant -or
<br />agreemeri of Borrower .n t *is �ved at .psi, nc a,nc the c. yve„nnts ti. pay wn,.r; duear any s lms secured by tt ;s Deed of Trust,
<br />",ender Prigs to seCewr at nn sins:: r:c _:e t. . , r n we as v.d _. ca, ai .pf ; c e;. -vf s :rte; g: ; I . file breach; (2) the
<br />action required to cure such breach; l3) a date not less than days from line date the notice !s mailed to Borrower. by which
<br />Such breach mus'be C- -.`aria an :g (,t} t°'aY'a lute c:irr' Such breach on nr tef r f?e da e spec f ed .n ine'Ynt,Ci. may fA3L'tt in
<br />ceserstaon Of t# $ C{ i S seCL`i pY f 45 L £mod o; T use anG S s1e Gf tin$ 3�rOr 7 he not c e 5n all farther inform Borrower of the
<br />right to reinstate after acceleration and ',re righ.:. bnng a court anti; - ?o SSE,(.-t the nor- existence of a defaun or any other
<br />demise of Borrower to acceleravon and sate. ff t?,e breac - rs r 0t cur d can or beto.re t° �e Mate sp it ed in rise notice, Lender at
<br />Leg's Dotson nay declare all of the teams se r y fns c 'rt,st to � ,mrnediateiy duw and payable without further
<br />demand and may invoke the Power of sale and any other remedies permitted by appi;rle law. Lender sfsafl be entitled to
<br />collect all realsonab.e costs and expenses incurred in purswrTg tre remeiaes provided it, the paragraph 18, including, but not
<br />iimrfed lc reasonable attorney's fees
<br />If the glower of sale is,nvoiiled. Trustee shat !eco,u c nulke or , e a, !t cr ,ach co rt; the Property or some part
<br />v.w _ap.,
<br />parses s prescribed fly apple aisle law 4 ref €ne rapes of such ?_ as stay re ruauired by apP'.c iGie isve, £ r:,s,ee shat: give
<br />Probate n0hce of sale to the persons and in , e manner preschl]ed by aWic able law. Trustee, without demand oat Borrower.
<br />ff l the Pr at Public auction to the highest bidder at the tirrie and place and under the terms designated in the notice
<br />of Sale in one of more pa -eels and in such order as Teas inlay deterrrtine. Trustee may postpone sale of all of any parcel of
<br />the Pr by public announcement at frie hire and place of any previousiv scheduled sale. Lender or Lender's designee
<br />may purchase ,tae Property at any sale
<br />Upon re cfopt or payment of I" price old, Trustee shali deliver to Inc puichasst Trustee s deed convey,ng frig ,property Sold.
<br />The r is sit tree True s shall be prints foie ev€denre of the truth of the statements made therein Trustee sbali apply
<br />the Proceeds of"sale in Me following cater: (a) to all reasonable coasts and expenses of the sale, i oluding, but riot tirniled to,
<br />t real s + of rot rte re .ftasi _.... _- of the gross sale pfic e, reasonable attorney's toes and casts of title evade, ice,
<br />b) txa 844 SUMS slaCV100 by, this Deed of Trust and (c) the excess,,f any to the person or aremor.s i gamy ent €fed thereto
<br />19, it _ Notwxiths nrg Den's acceleration of the saws secured by this Deed of Trust,
<br />sower She" havetherig"fishave any PT COWM93b0g l,hy axierfa furr,eme> atTr s disc artinu falanytmc
<br />@era x tr x cut rnf ;.} fl e f f day t e4€ re» e .e =f?he € rQperty pu, staar,s to the viwer rat sail cz ntruped !n the Dee0
<br />;;,t i,rkcst ,i,9 entry CA a tta,, er?e. o o'll a ii mg this 0a, Or ''r „iii g ,aF t'ct,a, :>w�.r t ?sail per ..�, :� :: surniq w-htc„ r would Car.. *tier, y. t
<br />u--dw *tnis fF "d A Trust, fire tiouy as:tl noes - uiury Adwa,-,es. ^ i any naG Cxi,_F.r d ibi f3raar „r. tie
<br />L,uf Wi t4 '.t'"m any . t'#” w, � >'sur �, :w±t or k• rF+�rr itfss if 9,? f, 3w� =� :tar , y} err r i �. Z a
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