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<br />by this Deed of Trust immediately prior to the date of t °5- 002466,
<br />aking bears to the fair market value of the Property immediately prior to the date of
<br />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 award or settle a
<br />claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to collect and
<br />&PPIY the Proceeds, at Lender's option, either to restoration or repair of the 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 or postpone the due
<br />date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of such installments.
<br />1!• Renner Nat Messed. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />granted by Lender to any successor In interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and
<br />Borrower's successors in interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for
<br />Payment or otherwise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the original Borrower
<br />asd Borrower's successors in interest,
<br />11. Fsrbtaramiee by Leader Not a Walva• Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applicable law, $hag not be a waiver of or preclude the exercise of any such right or remedy. The procurement of insurance or the payment of
<br />taxes or other hens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this
<br />Deed of Trust.
<br />12. ROMWW Cwm*kdve. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this
<br />Deed of Trust or afforded bylaw or equity, and maybe exercised concurrently, independently or successively.
<br />13 Smitesaws and Assigns Illonsid. Joimi1 amid Swore! LbbiUy; Captions. The covenants and agreements herein contained shall bind, and
<br />the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17
<br />hereof. All covenants and agreements of Borrower shall be joint and several. The captions and headings of the paragraphs of this Deed r Trust
<br />are for convenience only and are not to be used to interpret or define the provisions hereof.
<br />14. Notice. Except for any notice required under applicable law to be given in another manner, (a) any notice to Borrower provided for in
<br />this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at the Property Address or at such other address
<br />as Borrower may designate by notice to Lender as provided herein, and (b) any notice to Lender shall be given by certified mail, return receipt
<br />requested, to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower as provided herein. Any
<br />notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />1S. UnNoea Dad of Trust; Goveraing [owe Sevtrebtuly. This form of deed of trust combines uniform covenants for national use and
<br />nonuniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering read property. This Deed of
<br />Trust shall be governed by the law of the jurisdiction in which the Property is located- In the event that any provision or clause of this Deed of
<br />Trust or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Deed of Trust or the Note which can be
<br />given effect without the conflicting provision, and to this end the provisions of the Deed of Trust and the Note are declared to he severable.
<br />16. Norrower's copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time of execution or
<br />after recordation hereof.
<br />17. Tt^pda of tie Preiierty; Amoo"on, If all or any pan of the Property or an interest therein is sold or transferrer! by Borrower
<br />without Lender's prior written consent, excluding (a) the creation of a lien or encumbrance subordinate to this Deed of Trust, (b) the creation of
<br />a Purchase money security interest for household appliances, (c) a transfer by devise, descent or by operation of law upon the death of a joint
<br />tenant or (d) the grant of any leasehold interest of three years or less not containing an option to purchase. Lender may, w Lender's option,
<br />declare all the sums secured by this Deed of Trust to he immediately due and payable. I.cnder shall have waived such option to accelerate if,
<br />prior to the sale or transfer. Lender and the person to whom the Property is to he sold or transferred reach agreement in writing that the credit of
<br />such Person is satisfactory to Lender and that the interest payable on the sums sctiured by this teed of Trust shall be at such rate hs !_ender shelf
<br />request. If Lender has waived the option to accelerate provided in this paragraph 17, and if Borrower's successor in interest has c-_-cured a
<br />written assumption agreement accepted in writing by Lender. Lender shall release Borrower from all obligations under this Deed of "I rust and
<br />the Note.
<br />If (ender exercise such option to accelerate, Lender shall mail Borrower nonce of acceleration in accordance with paragraph 14 hereof.
<br />Such notice shall provide a period of not less than 30 days from the date the notice is mailed within which Borrower may pay the sums declared
<br />due' If Borrower fails to pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower,
<br />invoke any remedies permitted by paragraph 18 hereof.
<br />NON- UNIF'ORIM COVENANT'S, Borrower and Lender further covenant and agree as follows:
<br />is' .4aofetstiea; Monte"- F.aetlt ss provided In
<br />a M is Dad eN TruN. P�+mnpb 17 henso /, aloes Borrower's breach of ami, coveaaat art Ilgreeraettt of
<br />am oodca N d the orer ny 10 Puy when due any xm"" secured by 11th Dead of Trust, Leader 1111101110 aecetentton
<br />eimte, sot lea Nsmi r f 14 bereot specifying: (I I The breach: (2) the action reyslred to curt such him tJ) a
<br />tomb hMt 41e aotke i taaMed to Rorrewtr, by which such breach must be cured; and (4) that foflare to cure web
<br />as Of bMeet Mee data td s Me mitce way eat � of Ibs scan seeared by this Deed of Trust and soft of the properly, is
<br />sodte�e us foram bwfs*w of Met Amt to relowete after acederaden amid the r*M to brig a court set to name" The mien.
<br />may edw defamer of Rotrowar 1e accekntles amid sad:. If the breach M tea cared on or before Ibt chart sltclflsd in /ifs
<br />Feeder of !aerie's OPd" My declare aff of If* wen secured by Ibis Dated of Trust to be hmtnedhetety due aa0 bar do wubeut further
<br />e
<br />donating and aN bnebe Met ltwew e'sit amid say Otter reratdlts WWtltd by apikable kw. tender slaty bt seMlhd to coIleel eH reetsunabk
<br />s atad mispos es bttwnd la pn "mull 00 rtaedles Pr"kkd In M� "Mrs /b 18, lnetu og. but trot Halved I e o"Wille10 inner a" tees.
<br />If It"as of uk k Waited. Trommot AM wooed a ootf r of def cult In each county is *bleb the proem, or sons: pen thereof h located
<br />and t ash copies at ae4t angles le ON mileMer letsrribod by ahtpucable law to Borrower and to he Aber Ixrsees prescrttth by applicable
<br />led
<br />lew. Ales MIt kl m W amide Mat a in" bt regttktd by allMnMe I@w. frames don give ItmW eeplcs of Io the !emus end la lit aana le
<br />by 01 N' a Isss, TnMn, *!tiles! dttsead on Monowe r. abeu seN the property a µbib- aucNos to the hlRbom bidder at the NtM
<br />pill"ItImminis fink d@m*"hsd to hie tittles of ate in one err nowt Paroles mud In such order n 1, it" may deltnaiRe, Trustee may
<br />ed M or "I PWWW ed ON paler!, by V*W aasouaeeatel aI the N a�
<br />beater's � its,' It 96M tilt Fnift rty at my, ale. Mace of any previously tarbeduled !ak. Leads: or
<br />IJytesmi ''�M K 0 Ito p N tits Nut! Yld, T'a, rms :bad dtHver In the Percaaxr Trustee's dttd rnaveylaR the property scats. I be rentals in
<br />Nat f►amke's eMld etbsN tK Nbas fasdt er.Nsmia eB lit Irelb of the atstements made Ihtmn. rn„ tut abmu m
<br />twdas (sy h aM restssNit talk lard ea apply the tat !let seek in the
<br />nt rift wtk, laeltiaHaa, but not Halted to. rrusket's less sat not mere than r�
<br />in tlrtaa • remitatk*W ,'e few sari rosaa of Hfle ev►dtnre: (hr Hr All su ,"cared by Ibh ()t^ed at fns!: and Ire the rxcm. If
<br />err,. lea Nee N<aawt at NtaatM iispMy nlitisd titaslo.
<br />►!_ s RW 16 Not withstarxlalip l.rtocier'. acca tcrnr oar a,t t >r4 ^sums be °erne,! by it4a• ►h•c ^,i „a I raa.r It „err •ssrr shtil hose.
<br />` r @gee r” have away k tot t e ps dun by Lrtulet to enf,lrce thr4 I)rrd nl 1 ra.,r d1.Vonunu4" I ru am tune t,av,n an t :u C,11hea t. 0" tear nl Ire the
<br />fth aSay !3eftNB ftpg Oak ref the del
<br />a{ ty pursuant to :her lntwer rrl sale e,rntamedl err this Ik"d of i rasa . >a r,u mars „t a w4xw roi aolm, I g 1111,
<br />f7 rr1 lrurei it tat hmertwo paye I- rusher all 4111111 will, It wmild tv. 4P1rn dtir "rider thav Pvrd ..7 I rn,= h.- %.,Ie Al 0 ,,,y; ,.r, 11 AW fermi
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