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85, 0+02366 <br />9. Condemnation. The proccells of any award or claim for damages, direct or consequential, in connection with sits% <br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned <br />and shall he paid to Lender. <br />(' '" the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Deed of Trust. <br />with the excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender <br />otherwise agree in writing, there shall be <br />app!icd to the sums secured by this Deed of Trust such proportion of the proceeds <br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of <br />taking bears to ]he fair market value of the Property immediately prior to the date of taking, with the balance the <br />paid to Borrower. of proceeds <br />If the Property is abandoned by Borrower, or if, after notice by Tender to Borrower that the condemnor offers to make <br />an award or settle a claim for damages, Borrower fails to respond it, Lender within 30 days after the date such notice is <br />mailed, Lender is at to collect and apply the proceeds, at Lender's option, either to restoration or repair of the <br />Property or to the sums secured by this Deed of Trust. <br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend <br />or postpone the due date of the monthly installments referred to )n paragraphs I and 2 hereof or change the amount of <br />such installments. <br />10. Borrower Not Released. Extension of the time for payment nr modification of amortization of the sums secured <br />by this Deed of Trust granted by I.ender to any successor in iniciest of Bill lower shall riot 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 against 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 preclude the exercise of any such right or remedy. <br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not he a waiver of Lender's <br />right to accelerate the maturity of the indcblcdncss secured by this Deed of Trust. <br />12. Remedies Cumulative. All remedies provided is this Deed of Trust aoc 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 />successively. <br />13. Successors and Assigns Bound; Joint and Several Liability; Captions. The covenants and agreementt herein <br />con(ained shalt bind, and the rights hereunder shall inure tit, the respective succe „ors and assigns of Lender and Borrower. <br />subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall be joint and several <br />the captions and headings of the paragraphs of this Deed of Trust arc for convenience only and are not to be used to <br />interpret or define the provisions hereof. <br />14. Notice. Except for any anticc required under :applicable la%,, to he goen in arodici manner, lal any notice to <br />Borrower provided for in this Deed of Trust shall be by mailing by <br />given such notice cernhed mail addressed to Borrower at <br />the Property Address or at such other address 'ls Borrower nla9 designate fly notice to Lender as provided herein. ;slid <br />t h) arty notice to Lender shall be given by certified mail, return receipt requested, to Lenders address stated herein or to <br />such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this <br />Deed of Trust shall be deemed to have been given w Borrower or I ender when given in the manner designated herein <br />i5. Uniform Deed of Trust; Governing Law; Severahility. 'This forin of deed of trust combines uniform covenants for <br />national use and non - uniform covenants with flowed variations by jurisdiction to constitute a uniform security instrument <br />o%crmg real projocrty. This Decd of Trust shall he 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 'i rust or the Note Conflicts with applicable law, such conflict shall <br />not affect other provisions of this Deed of Trust or the Note which caul he given effect wuhout the conflicting pru\ni , <br />. <br />and to this end the provisions of the Deed of "Rust and the Note are declared to he severable. <br />16. Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this Decd of Trust the <br />at time <br />of c%ecution or after recordation hereof. <br />17. Transfer of the Property; Assumption. If all or any par of the Property or an interest therein 1% sold or Iransfcrrc,l <br />by Borrower without Lender's prior written consent, excluding la) the <br />creation of .1 lien or Cnclunhrance subordinate t., <br />this Decd of Trust, (b) the creation of a purchase money sccunty interest for housChoid appllances. (c) a transfer bi, deve.e, <br />descent or by operation of law upon” the death of a joint tenant or (d) the gram tit any leasehold interest of three %cars or less <br />nol confalmrig an option to purchase, Lender may, at I ender's opllorl. declare all the slams sccurrd be this Deed of trust to be <br />minledialely duc and payab!c. Lender shall have wa:sed such nptron to aCcelrrlle a4, prior In oils, sale or transfer, Lender <br />and the person to whom the Property is to be sold or transferred <br />reach agreement In writing that file .redo of such per%,,o <br />is %atisfaclo r} to Lender and that itic interest parable on the suing .;cured ht this Deed of 'I lust shall I,c at Such rata: .n <br />I.cndcr shall request. If I <br />ender has walved [tic opin +n to aC e t rite pro -ded in th % ra agrap h 17, and if Borrower's %uccessor <br />m ltucrest has executed a Written asiiumptson agreement aCceptej tit ,smog t'.c Lender, I crt shall rvicase Borrower trom <br />all obligations tinder the% Decd of 'foist and the Nate <br />If tender cxlrir \es such opfloo to a'scicrate, Linder %h.11l ;:!,II H!1!rr ;u of rashes, of aca:l•leralion in accordance w,Ih <br />paragraph 14 hereof .Stub notice shall a Ic•s <br />protide ;erns! i'l "1" thin ;tl days from the dale the notice i, mailed within <br />which Borrow'et rnay' pay file stains deLlalCd due. It ljorrow0. f.11fs to p,j,, ,Hill sonny prior Ito file e.xplration of such <br />rood, <br />lender may• without further notacC or deniand on Horrowet. ,r: l,kc .,tit rcfnedlc% remitted by paragraph 18 hereof. <br />Nily -(; till llH A9 Co i,%.%'ars Horro%4cl and I.e:i,ler ful'ther i,°t'ell.lnt and agree as follows. <br />111. .1ecelfralul "; Renlydie %. Florist as i"s)"led ila patarrapll 17 hereof. "Poll Borrower's breach of any covenant <br />Or <br />iWerms'"t of Burrower in lhi% Ilerd "( trust, including Itic ci.eninls to hay when (file ar1Y %unto. secured Its this Deed <br />tit 'trust. I Voider to <br />prior aroelerafion \)all mail online to ITorrower as Pro%irted in paragraph Id hereof specifying: ill file <br />Wealth; 12) the acliem required In cure +inch breach; 010 a date, nut less than 30 days from lute dale the notice is mailed lu <br />Bnrto%%fr. by which suit, breath must he cured; and 14) slat failure hf cure such breach on ur isefore Ilse done specified <br />In (tie noli('C Iola), ' rr5ull in at'teferalin" file <br />of Sllm{ %et'ured ill, ltli% Ilived (if trust And sale fit file Property the unlike <br />'hall further inform 1forlowet fit (be rtghl Iii reltl%Iale Offer af(rlerafrll" affil file ligill to bring a tourl 41(111/11 In <br />Assert <br />the 114111-cot of a default Or ally olhrr (defense of Bnrrnwer Ito at'(' @irralll /n "fill sale. If lite breach is not <br />t'urrd <br />fin (or fsefore the dale sp@c(hed in lute notice. Lender at i cndef'S oplin" rase declare all (if file %11111% secured it% this bred <br />Off ffti%t 1" lie ilimtediaie'Iy tills, and wilfnolt further delala <br />parable "d and Inay in%okv the poser of %ale and tons other remedies <br />pettort by applicable law. I.e "der shall Iff entitled In tolletl all reasonable (.)%1s and expense% incurred in <br />pursuing the <br />Remedies pR "\filed I" this paragraph IN. intluding, lint not list tat, rrasnuable altorrivo % fees. <br />If the power of sale is irr"ked, rrusice shall retnfel a notice of defatdl in each count% ill which the Property for %ante <br />Part thereof 1%hscaled and Shall until copies (11 SaVis rlllti('e in lilt, Init tltr hfC \ctillcil h} NIIphCHble law ill Bnrrnwer and to the <br />"thin pre %on%pr @%IP /Pi0tlfly Dhpli(ahle law'. •%flef II1C Iah%@ of SII(tl (1111@ :i' 111411 IIC ft, /lulrfd PI{ law, <br />Applicable 'till \1lC %IIHII <br />giYC public m)114'e of sale to the prmort litlll In file Inaflner hrl•%(ribed by apgdlCahlr law. IMOCe, wi(illllll delnaltl till <br />Borrower, %hall sell lite Properly at <br />public ancPion In the highf \f bidder at it, l' time H1t11 pllecf FarNI Il ll llfr Ili@ (efln{ dC ♦I�n91ed <br />in the 11fdi(•r of %at@ ill rue or murr parcels and fil %itch offlef a% 'i roster Rat11' deleradne. I roo,lre allay po011inlf %Hie 111 <br />all <br />or amp parcel of the Properly by I1111/Br ant oum'ernr "t at the little and plate of an Ine%inu%1% %tgletiul@d %ale. Lender ur <br />I ender'% designer may purchase the Property <br />at any %ale. <br />1 froodee dehier purillasrr <br />I he For <br />%%latrine <br />%111& lo-411411 In rr/elfe "i firedi%h II <br />prima Vo III rfi if flip the nts(1,18410 %t ervin. Pr011efft <br />'hall apply the p1merd% ul the %ale in file following <br />order: IDI to till rra%nnlelife nods Drift c%pen%e% of the %:Ili, imiuding. but <br />t-it limited In, I r"%Ire'V fees of 1o81 Moore tilnn ' -� of 1110 gel t%% %alt' In la'e. ICD,(lu Dille al Ito, luc% <br />a'1'% alit] calf% of <br />title @Vide "ce: iN Its all % "ms secured by this "red of lrltil; and Ill Ilse ct4'e %s, if <br />thereto. ant, 111 the person or pekom Icgall% rnlilird <br />off. Boer "wet s flight fn Rel"olDt w. u%.t ' rullug t , n Pt l e lcl.ahori .1 ht ,non; n'rund b% till+ ! n <br />!t, 1t, t t. 1 I •..i <br />.na oft 111 s ,`I ! <br />rocs 1 aehP t F ,- . I u f a. v ding, learn" ht f rndl r fn n(- f:. Ilan I),`r.,h „( l rml i,w lolu.ed <br />lif f Io lhe 10 0! dj,, ' ht fnt 1. rho: s,lh• t 1!,,- I': +I I rot r it .I',enl b, the <br />.tot IjD II <br />_• <br />Lt n - -r 14ry fa ,IdHmal!'.nlun 1. this ticl fl t I Lull rnxsrrtat I dt't I'llll th,h n.. -.1.9 <br />Irtla II ri.,r irl t tF r :nIn„le %vc a ,p 1 tl rc Ads la - -s f fi.lt1 <br />,. <br />seta 41 Pl cr ti '11114 V ( • ^m< P I 11 fro (• 11 II .',) it 1, !Il ) ,I (11•i <br />IR ,.elf v I r •...I, <br />t oast!.. ire 1 ! r I �„) a ..d I t, of f, Th. - ... , i <br />it h• �r.nrs -%!,. II I,I! N. +I r.', .rr I.4 •.. ., <br />•,., <br />, .xn .! I - ;, _ I,1•n a Ilua Ik -r,l .rl la lal. 1u,�4� . ,lu'rc'.' Il,r g. <br />_ <br />