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I A by this Deed of Trust immediately preoc to the date of taking bears to the :air market value of the Property imm taking, with the ediately dSb of the pr to Borrower. a of 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 chum for Borrower fails 90 Fcgxmd to Lender within 30 days after the date such notice is mailed, Lender is authorized to collect and Y the Pr , at 's option, to restoration or repair of the Pr y Lr Property or to the scans secured b this Deed of Trust. date of the monthly inat is refereed to ar to writing. any such application of proceeds to principal shall not extend or postpone the due 86111161111M Not Phis l and 2 hereof or change the amount of such installments. . Extension of the time for payment or modification of amortization Of the sums secured by this Deed of Trust granted by Under to any successor in inWTM of Borrower shall not operate to release, in any manner, the liability of the original Borrower and Borrower's succcuws in interest" Lender shall riot be required to Commence proceedings against such successor or refuse to extend time for and Payment Or Otherwise modifIr anortization of the sums secured by this Deed of Trust by reason of an demand made b the on Borrower's in interest. y Y original Borrower 11' No1 ®W Any the forbear ane by Lender in exercising any right or remedy hereunder, or otherwise afforded by law, shall air be a waiver of air preclude the exercise of any such right or remedy. The procurement of insurance or the taxes or other liens air charges by Let3:ter shall not be a waiver of Lender's right to accelerate the maturity Of the indebtedness secured by this Deed of Tr;ist. Dead 12, ®e. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this of Trust Or afforded) bylaw or equity, and may be exercised concurrently, independently or successively. 13. Aselgras tl JOW wad Several L the rights hereunder shall inure to, the raw - The covenants o r and agrcerinents herein contained shall bind, and respective successors and assigns of tender and Harrower, subject to the provisions of paragraph 17 �f• covenants and agreements of Borrower $hail be joint and several. The captions and headings e are 'or wnvenwDm only and are not to be used to interpret or define the provisions hereof. iigs of Paragraphs of this Deed of Trust 14- • Except for any notice required under applicable law to Lie given in another manner, (a) any notice to Borrower provided for in this Deed of Trust IMH be given by mailing such notice by certified mail addressed to Borrower at the Prope ess rty Address or at such other addr as Borrower may to by notice to Lender as provided herein, and (b) any nonce to Lender shall be given 6y certified mail, return receipt stated herein or to such other address as Lender rnav designate 6y notice to Borrower as provided herein. Any requested, to Leader's address notice provided for in this Deed of Truitt shall bedectried to have been given to Harrower or Lender when given in the manner designated herein. IIS. 1lalftu®t Deed of T t Govertakag >dA*►6 � .This form of deed of trust combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. 'Weis Deed of 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 Trust or the Note conflicts with applicable law, such conflict shall not affes t other provisio given effort without as of this Decd of Trust or the Note which can without the conflicting prevision and to this end the provisions of the Deed of Trust and the Note are declared to be severable. be 14. s Corot'. Borrower shall be furnished a conformed copy of the Note and of th after recordation hereof" [his od of Trust at the time of execution or 17. Transfer of the Property! Assumption. if all or an > without Lender's Y part of the f roperty or an interest therein is sold or transferred by Borrower pricer written consent, excluding (a) the creation of a lien Or encutnhrance subordinate to this Deed of Trust. (b) the creation of a purchase motley security interest for household appliances, (c) a transfer by devise, descent or by operatiop of law upon the death of a joint tenant or (d) the grant of any Id interest of three years or less not containing an option to purchase, Lender may, at Lender's option, declare ail the sums secured by this Deed of Trust to be immediately due and payable. Lender shall have waived such option to accelerate if Prior to the sale Of transfer, Lender and the person to whom the Property is to be sold or transferred reach agreement in writing that the credit of such person is satisfactory to Lender and that the interest payable on the sums secured by this Cheat of Trust shall he at such rate !is Lender ;hall request. If Lender has waived the option to accelerate provided in this air "heron axsum ion Paragraph t'• and if Borrower's succesxr to interest has e• -,uted a f+i eentant accepted in writing by ;_ender, Lender chill release Borrower from ail obligations under this I.Seed of I'.ust and the ""gate. It' Lender exercises such option to accelerate, Lender shall mail Borrower uotice e'f acceleration in accurdancc with paragraph IA hereof. Lech orrice shall provide a period Of not less than 30 day's from the late the nEJucc !s marled within which lkJrrOwrr may pay the sums de Tared due. If Borrower fails to pay such sums prior to the expiration Of such period. Lender may, wtthoua further notice or demand on forrower, invoke any r lxrmutted by paragraph 19 hereof. s