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by this Deed of Trust immediately
<br />y prior to the date of taking 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 />apply 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 1 and 2 hereof or change the amount of such installments.
<br />111111. So owes • Net Round. Extension of the time for payment or modification of amortization of the sums secured by this Dad of Trust
<br />granter! by Leader to any suoa"Or in interest of Borrower shall nor 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 />and Borrower's successors in interest.
<br />11. Fabsarssoe by Lesft Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applicable law, shall not be a waiver of or prelude the exercise of any such right or remedy. The procurement of insurance or the payment of
<br />taxes or other liens or charges by Lender shall no be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this
<br />Deed of Trust.
<br />12. Retldlu Cyr, All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this
<br />Dad of Trust or afforded by law or equity, and may be exercise) concurrently, independently or successively.
<br />13. Successors ay Amiga$ Rosy; .lew sad Several LWANty; Csptioss. 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 of Trust
<br />are for convenience only and are not to be used to interpret or define the provisions hereof.
<br />14. Nodee. 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 Bowe 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 Dad of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />13' Uakaras Deed of Trust; Goveralq Law; SeveraNYty. This form of deed of trust combines uniform covenants for national use and
<br />non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument 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 Dad of
<br />Trust or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Dad of Trust or the Note which can be
<br />given effort without the conflicting provision, and to this end the provisions of the Deed of Trust and the Note are declared to be severable.
<br />16• Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at file time of execution or
<br />after recordation hereof.
<br />17. Transfer of the ProPeety; AsSolptios. If all or an
<br />without Lenders Y part of the Property or an interest therein is sold or transferred by Borrower 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, at Lender's option,
<br />declare all the sums secure) by this Deed 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 person to whom the Property is to be 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 secured by this Deed of Trust shall be at such rate as Lender shall
<br />request. If Lender has waived the option to accelerate provided in this r
<br />written assumption agreement Pa agraph 17, and if Borrower's successor in interest has c•;.YUted a
<br />accepted in writing by Lender• Lender shall release Borrower from all obligations under this Decd of Trust and
<br />the Note.
<br />If Lender exercises such option to accelerate. Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof.
<br />Such not:ce shall Provide a period of not Less than 30 days from the date the notice is mailed within which Borrower may pay the sums due. If Borrower fails to pay such sums prior to the expiration of such periled, Le ms declared
<br />nder may, without further notice or demand on Borrower,
<br />invoke any remedies permitted by paragraph 18 hereof.
<br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows;
<br />IS' 4flealastleo; Btnas a, FAOW NO Provided in pnutgrao 17 bercof. r
<br />Morrow - 111106 Did of Trust, Poa Morrow-', Mach of soy co"O al a agraeunt of
<br />Noll =0 Node� M the paragraph to pay wbtp due eery noses wound by tole Dud or Trust, Leader prior to t ederstioa
<br />it"- ON but Nss 39 �- • pro d1WQ hi Nce Is n t e barest spreifyiq: (1) the breocb; (2) the actMe rettaked to care Sock bmwb: (3) a
<br />himself 00 or +•rI Beet Ne e1a1e of mock, b sltaYd to Morrow -, by which Inch breach Into be cared; sad (4) that fallare to care inch
<br />The be nor rank hi socetltotos of the sans swou by Nit [led of Trott try Ile of the properly.
<br />"b"wu of a MIarN « to nhstNe slur sccwrstes tut the rfw to btq a court sn .". to ta., the Dart.
<br />MW eNt drkttr of Reeew- to oceititratleo said sale. if the buaeih k see cored on or before the ehite ssodfled is the
<br />dmodes, 1 ~ lwofsr's update oU deelalr ar M the teal neared by this Deed of Trust to be hsasedhitety due aed paysbk without frnbe.
<br />ons "d and par iwvebr Ns Mw- of oak toad Soy otter rtmw*m Permitted by applicable low. Leader soak k estted to coked all rranesabk
<br />caNl end eotpusll IatunM M Pttrsdry no releNse Provided hi held 18,1 -hW g, but sot linked to. rrasoaabile atlorsey'I rear.
<br />If Nor Power M reek is hiveitad, Trustee *0 rKim s -d- of default to tack t'oaaty is wWcb the property a souse Pon thereof is WMM
<br />sad r[hd ad"W egil sf sseb se Moe hi Na asst a Pro -fbd by MMkable in to Mewe*or sad Io the other psulaot Wwr*W by OpMkahie
<br />lint. Af1t Ns hiPnl eK tsstb toe err say be "quit" b appocow law, Trustee stale 10" PO`W stotoe of sale to the Pee* sad Inc the susuer
<br />lMrlolhrf b q0"' Inn. Tempo, wkboW Mod an Meower, SW uN the
<br />asd Pisa sad soft Ne Wass hi Nt setlse of seek M Due a non pfeP -tr Of Pr rde Cactus ro The b beet bidder 11 the tree
<br />Ps14esr Solo of as or easy P«rcal or Nn psrctht sad hi Sock alt ar Trustee may let -seise. Trustee ear)
<br />ms's nor N/obas Nt �r b p1Nk sopsseessrat at the time sad /hire of ter Pre" 'OI err wbrdukd sale. Lend- or
<br />�Pth N err ask.
<br />UMs � of PWWW of she Prise bid, Truster tdas deliver to the Purchaser Trosae's deed rosveyiq the property ,The reehsb is
<br />Ns T+MMdI /uf be Prlsla tale o+ifaee of Ne truth of Ibit s4learots rode tArrets. T'ruskr slnf 1pPb flu, proceeds of The sNr is Ike
<br />Affenrowlq hider: (n.)1/ ad nlouw raw sad expenses of the salt, twrlodips. but not ensued to. Trustee'I tees of Roe Maie shoo �w no via Sods Mhit. nanesell k MNtny's foes and coop of die evidesre: I b to on Iorar eecretd by
<br />"Ibi 1hemse, 11th teed of Trrst; sad to l eke err , If
<br />atrye. to tit Pourea a Portent ItPsMf etl
<br />». Bar"aw- 's10111111110Mkhtlak. Notwoffalanditttp l rtddce'w s *c clef ar„tit of the �litll, wt urea .41V Ihl. Dre,telf fru.t. It.,r. ,Wen .hail ha%c
<br />ihv ettgttl 14r have any rroeesdulls begun by Lender to enforce Ihta I)rrd of 1 nt,t Jrci otihuued at env rime i *nnr f„ the ratlu s to �,. -, -ter of iii the
<br />li lah filt(dsre the ssk of the Property pufsural to file pnwer of vale %,mtaaned m IhtA 1
<br />1X,4r -3 x >@ 7ratvA if: (a)rctwpr s k'ed n( frost ter Iii omen nl i tu.iatncni rral.ar.mf, t
<br />iaY lender alf sums which wudl)t1 he often due �,n,.jet thr� Dee.f X11 f, u•£, ih, Nn,e ,amp t�, Ir ss,mtRg I "nit,
<br />.wa.�
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