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a
<br />by this Deed 85--Q
<br />of Trust immediately prior to the date of taking bears to the fair market value of the Property imm 'arch
<br />taking, with the balance of the proceeds paid to Borrower. Y Prior to the date of
<br />If the Property is abandoned by Borrower, or if,
<br />after notice by Lender to Borrower that the condemnor offers to make an award or settle a
<br />claim for damages, 8onower fails to respond to Lender within 30 days after the date such is
<br />notice mailed, Lender is authorized to collect and
<br />Apply � tIK proceeds.
<br />lam 's option. either to restoration or repair of the Property or to the sums secured by this Deed of Trust.
<br />Borrower otlersvnse agree in
<br />i
<br />writing, any such application of proceeds to principal shalt not extend or postpone the d%e
<br />date of the mown My inatallments referred to in parapapha 1 2 hereof
<br />I
<br />and or change the amount of such installments•
<br />d. Banwww N.1 rr1@aa@d. Fateasioa of the time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />granted by Leader to any successor in interest of Borrower
<br />f
<br />shall not operate to release, in any manner, the liability of the original Borrower and
<br />Borrower's 541001MIM in interest. Lender shall not be required to commence
<br />f
<br />r
<br />proceedings against such successor or refuse to extend time for
<br />Payment or otherwise moth fY aatotizataa of the soma secured by this Deed of Trust by reason of any demand made by the original Borrower
<br />Slid Borsow�'s suttrowors n merest.
<br />?.
<br />11. Fwb@ww. e b ltwwdsr Nat a Worthen. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applicabk law, shall not be a waiver of or preclude the
<br />exercise of any such right or remedy. The procurement of insurance or the payment of
<br />taxes or other yens or ages by Leader shall not be a waiver of Lender's right to accelerate the maturity
<br />Deed indebtedness
<br />of Trust. of the secured by this
<br />12 "as" CniddNiee. 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 by law or equity, and may be exercised
<br />concurrently, independently or successively.
<br />13. Swoe@saors oresd Amlipa ~stagg; Jsgag s•d Several qty; Captgoes. The
<br />covenants and agreements herein contained shall bind, and
<br />the tights hereunder shut inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17
<br />hereof. All covenants and agreements Borrower
<br />of shall be joint and several. The captions and headings of the paragraphs of this Deed of Trust
<br />are for twnveakntx Only and are coo to be used to interpret or define
<br />the provisions hereof.
<br />11. Nolke, 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
<br />Address or at such other address
<br />as Borrower may designate by notice to Lender as provided herein, and (b) any notice to Lender shaA be given by oettiried mail, return receipt
<br />requested, to Leader's address sated herein
<br />or to such other address as Lender may designate by notice to Borrower as provided herein. Any
<br />thrice provided for in this Deed of Trust shall to deemed to have been given to Borrower or Lender when given in the marm designated
<br />Uut�oem
<br />herein.
<br />Deed Tom: Cam! law; SeveraWlty. This form of deed of trust combines uniform covenants for national use and
<br />11011-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument
<br />covering real 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,
<br />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 declared
<br />are to be severable.
<br />If. Barrewsf's Copy. Borrower shay 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. Trwfet of the property; Assomildw. If all or an y part of the Property or an interest therein is sold or transferred by Borrower
<br />without. Lender's prior written consent, excluding (a) the creation of a lien or encumbrance
<br />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
<br />operation of law u Don the death's a joint
<br />tenant or (d) the grant of any leasehold interest of three years or less not contain 11g
<br />an option to
<br />declare all the sums secured D purchase, Lender may, at Lender's option,
<br />by this Dad of Trust to be immediately due and payable. Lender shall have waived such option to accelerate if,
<br />Prior to the sale or transfer. Lender and the
<br />person to whom the Property is to be sold or transferred reach agreement in writing that the credit of
<br />such persou is satisfactory to Lender and that the interest payable on the sums secured by Deed
<br />this of Trust shall be at such rate as Lender shall
<br />request. If !.vender has waived the option to accelerate provided in this paragraph 17, and if Borrower's successor in
<br />written
<br />interest has c,�ecuted a
<br />assumption agreement accepted in writing by Lender. Lender shall release Borrower from all obligations under this Deed of Trust and
<br />the Note.
<br />If Lerida exercises such option to accelerate. Lender shall mail Borrower notice of acceleration in accordance with paragraph 10 hereof.
<br />Such notice provide a period of not leas than 30 days
<br />from the date the notices 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
<br />may, without further notice or demand on Borrower,
<br />invoke sty remedies permitted by Paragraph IS hereof.
<br />NON- t3NIFQRIN COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />Il Accal
<br />area: Asmodl@L KU M as plot In paragraph 17 hereof,
<br />80 -wen ht afs glad of rrtrt, apes Bor►eww's Yeanelt M pry cove or sipseveewt of
<br />!•dading ore eov@sosls go
<br />_ _ _ pry wbw doe say soar ewared by twk Dead of True, Ledsr prior le arxdrroNes
<br />r ax ~ Ig he specifying., (1) the brand; (2) ore
<br />lisle, tON km ass W*m rgwiM to core stseh !resew; (3) a
<br />dips f a Iwo doe of aodw is OMM a Borrower, by whew each breach nap be C@rW; aid (4) twat hrsre f• core wry
<br />be"* sea e@ bofase ore"spedrad In at swiss ewe
<br />each
<br />arty teaall N seedersdos of Iwe wma tenoned h ales aTK@d o1 Trwt sad we eN ore
<br />Tlte.eddso 1tW krrrksr ishels Bwtsww uN the rWM 1e wdwh a Hoer oanlwsdas 14
<br />sod � N get a coin! oetloa to aa@srt ore aso-
<br />sap saw M fiornsree w aeeslOrslfeo
<br />es egae,
<br />anti ask. If ore bissck Is oral coded so or before ore dne speeNkd to the
<br />l test Of 14 d
<br />taalke, l a/sr st f sMw's gllas attsp tkdsls er of ore tisttaa nlrtattpl by aka
<br />o dog
<br />Deed of Treat to be hanssdhsldy doe sad puaysMe wWMM fsrtwer
<br />lktdsad aM a" NO IM psstsw of wile mad ay @caw rtnMWW permitted by appyeMle kw. Leader swan k entitled to
<br />Me "lies" kww"d ntitle
<br />M seMect td rsssowoNe
<br />Y pnrI I tM renedrss RovNM is aria psngr epw 1g, Iscfa/1ag, Mt ON limited to skis
<br />M ore poswe of ask k fsnilad. TrOW &lean my
<br />nests a tropes of d@fsah is lack wasp' ke whew ore Ptepsaty or some Mrl a k IecatM
<br />std sW and copies of atwk erodes N ore mbar pros, M A b' apppeawk Mw to so oswel sN to Ike o/ker
<br />isw, Mrs'Ww
<br />,Af~r woo" platerlkM k1 is filkaMe
<br />of m* Mme cot array N rs pdnd ley appreyk law, Trashes swear love p eM tlolke M
<br />eok to tke patseas sari h the ak"k
<br />mad k1 ttpprokis law. Trades, wlaewl dsslaad wa Bonesrer, skaN sew Ike P►epartT at ptnkllr atttdss N Ike kigYeat M IN 11 Ike drae
<br />add pYm toad aadw ore elms dadgamed M a@ tsodes
<br />of tteie r. sae ar more ! I _z tad M mew at Jet as Trtrpse oaf dekrM&M. Traeger tray
<br />POOP a mils of car Or MY pmai of an tsaparly by pWM a�eNCetswt
<br />at ore doe seed pMwe of say
<br />laadW$ �w cony pa dew ore peepasrl a1 ay ads. prVv�y aswMokd Ode. Leodw or
<br />See"s of fm1 of ore pdn Md. Trnln ewer deliver N ore pnreksret Trissim's dad eea"Aid awe ftepeHy soil. The nrNak is
<br />car TH1llate'e deed ded be pttkda lade trviildae M Mel
<br />L
<br />vas of ore seMnesaa aide tbw@M. Trown Am apply The preceeM or The ode to awe
<br />efknrtal ordwt W N w ramtsaNe aetaM Bald •a.a•rw of Mtn mk, hs "erg. hot Set Bmi1N a. TrtrNe'r roes
<br />ed trtie
<br />car hat there thaw to
<br />ltias tale g@fae, ntwdskk alleraoy'a f@w Md r@aM car tdr "M see; till to sl wnw
<br />Wearied by tbk Dowd of Trutt; sad lei the txtssw, it
<br />ay. yore pttw@s se putt "m k/ary @added acre!@,
<br />d' M'*�'@r`$ NO& N rNMO M. Notwithstanding l..Crwkr's ael'eleta11,N1,)f the sums serufed by phis L)ee,l of 1`rust, hiotroarr shall have
<br />t r to have any Proceedings M by Lond@r t0 enforce this Iced ul "6 rust
<br />.tie,- ontinusf at any tune prior hf the cattle? to oc, ur ut tit the
<br />fifth day before the sale of the PrtVWY Pursaa t to the power of %ate contained in (Ilia I)M. I of T!utt ,,t till rntly of it !udp!nenl rnl.a, 11111! Ili],
<br />Deis! W iraaf if: (a) Wm~ pays herder
<br />all sums which wouki he then clue under (his feed M trust. ihr N,,fr and a „try ,c5'uf inx F'u!uie
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