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<br />by this Deed of Trust iramediatel 851i 003499
<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 />clif 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 />aim
<br />for damages, Borrower fails to respond to Leader within 30 days after the date such notice is [nailed, Lender is authorized to collect and
<br />+r
<br />apply the Proceeds, at Lender's option, ether to restoration or repair of the Property or to the sums secured by this Deed of Trust.
<br />Unless Leader and Da_ odserwise date of monthly installments referred 10to j� in add' �y such application of Proceeds
<br />amou t to principal shall not extend or postpone lire due
<br />10. Swinewer Not paragraphs 1 and 2 hereof or change the amount of such installments.
<br />1lelessed. Eatmsion of the time for Payment or modification of amortization of the sums secured by this Dad of Trust
<br />granted by Lender to may sirocenor in interest of Borrower shall act operate to release. in any manner, the liability of the origita! Borrower and
<br />Borrower's successors in interest. Leader shall not be required to commence proceedings against such successor or refuse i extend time for
<br />Payment or otherwise modify mea— zatian of the sums secured by this Deed of Trust by reason of an
<br />and Borrower's successors in interest. y demand made by the original Borrower
<br />11. Ferb samear by Longer Aloe a Waiver' Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by app[i be law, shall not be a waiver of or predude the exercise of any such right or remedy. The procurement of insurance or the payment of
<br />taxes or other urns or charges by Lender shall not be a waiter of Lender's right to accelerate the maturity of the indebtedness secured by this
<br />Deed of Taut.
<br />�' lleaed . fie• All remedies provided in this Dad 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 exercised concurrently, independently or successively.
<br />13. Ssixaaara and Asdgn bud: lost and Severd
<br />ifY: Captions. The covenants and agreements herein contained shall bind, and
<br />the rights hereunder shill 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 Dad of Trust
<br />are for conveuirnce only and are not to be used to interpret or define the provisions hereof.
<br />11. Nodal. 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 ottier address
<br />as Borrower may designate by notice to Lender as provided herein, and (b) any notice to Lender shall be given b
<br />requested, to Lender's address stated gi y certified mail, return receipt
<br />he 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. Uniform Dud d Trent; Govend" Law;
<br />non - uniform SevendidIty.
<br />10 This fora, of deed of trust combines uniform covenants for national use and
<br />covenants with limited vitiations ct jurisdiction to constitute a uniform security instrument covering real property. This Deed of
<br />Trust shall be ore conflicts ct the i law pl thole law, such c which the Property is located. In the event that any provision or clause of this Deed of
<br />Trust or the Note caitlicts with applicable law, such txmftict 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 be severable.
<br />16. 1lonseam'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. Trams of the Property; Aortaptioa, If all or an
<br />without Lender's any Part of the Property or an interest therein is sold or transferred by Borrower
<br />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 secured 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 i f
<br />such
<br />Person u satisfactory to Lender and that the interest payable on the sums secured by this Dad of Trust shall be at such rate as Lender shall
<br />request. If Lender has waived the option to accelerate provided in this paragraph 17, and if Borrower's successor in interest has ender[ h a
<br />written assumption agreement t
<br />accepted in writing by Lender, Lender shall release Borrower from all obligations under this Deed 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 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-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />10. Aocdw&dss; Ramedfes. FMW n provided hi
<br />�orrewait Ice d it Deed of f Trost. the covens" to psragrapi 17 hereof, apes Borrower's breach of any covepnt of agreement of
<br />dri -0 model N t>�idd Is MY woes due say suer second by this Deed of Tr1W. Leader trier to acceleration
<br />lmrrouvex r pragraph 11 brad
<br />der, set Mme teal 30 dhs from der d� of model is amid hi specifying: (I) the breach; (2) the attic rid to ewe ucb l reach; (3) a
<br />beosdt a or Ydera tie date °• by w� taxh brash tent be cared; ad (4) teat famore to rue web
<br />sea ttlisd hi the sedot nay raid hi secds<aYss of die oaer seceded by dds Deed of Trent clad wk of at Property.
<br />Tie sotlee Md farther ishiea Darrotaf of tb rigN hi aide else afar moodaatlos and the ft ht Is brtsg a coact aeidoe to aaet the mere
<br />eaie4ste N a dd lA de ah own dsGsre of brrowor a wMederaties eat smk. If the beoaeh le tit cored an or before the der specif ed in the
<br />esnYoe. Leader at Leader's ettlaa rah des dire erg oI tlut secs located by Ude Decd of Tram ro be h�Wy do zed payable wkbw feather
<br />doe ad and rah' invoir ON Parer Of alle and ah seller I di, Permitted by atWc+be law. Leader sW be eolided to collect all reasonable
<br />nsY Pourw a1 simile r latsts planning Tnnae Ober Provided hi this paragraph 1g. lac "mil. but as Yolked ter. ressossYk itloreeY's fete.
<br />record a [arch of ddadt in welt county In wit" tie
<br />and deli � "Pine d sari gmdce in tie answer, Prateihed by aOPiabie law to Borrower sad so the oeYer rs sneer thereof le Panted
<br />pa016 y aptYeatle Ian TT n � b npitH iY atPikabk tier TrnNe � use irabYc antler d We t persons � u the Auatf
<br />and Pbm and ode dr eeur ''�' wilYon model oe ho seer. shtW up the Property at gaMic s ecdon to the highest bidder at the Sett
<br />~ dM r Nit notice a Mille eat or more psacde mad Is 80A order n Trustee MY de&ralae. Tree say.
<br />Pootpmas oak of r or Tra/eetY hY MMr iuwaaceaeat err the drse sod
<br />Laadtr's dedpa a eery tathaa fie Prop ro of eery sell. piece of any prevviam ay scheduled ale. Leader or
<br />Ot M op of N rs 'of Mee prim Wd' Transit � deliver to the Purchaser Trustee's deed conveying the Property sold. The recites is
<br />Mimem hide avid ew of g&e tract of be state icau arsde tbtrds. Traster dl" apply the proceeds of the axle ta The
<br />fdloe ttf ceder: (a) to err uNON"k eons and eyries of the ask. including, but met ihdled to. Tfusk errs fees of not more tdss ' _ h
<br />of
<br />Is die potions ad' Mmel rasa kp a nod e d ties sod cam of dqe evidence; (b) to dP war second by this Deed of Truml; sod (c) Ibe except. if
<br />poroea err poser legaO,Y entidnl NioMO.
<br />19. �areetnr'a hilttMebte. Notwithstanding Lender's acceieralioti of the sums .secured by this I?rred of Trust, linrruwer shall ha.c ry
<br />the right to have any Proceedings t*
<br />14Gs begun by Leader to enforce this 1hcd of "I ru,u disc tin tinned at ens tune pour its the tar lie r in ",cur N (,) the
<br />frith day before the sale of the Property pursuant to the power of sale u,ntaincd �n this tk� s, >f 7 ruse or eau emus , >Y a je.rq;nx•m rn kri+rt� rin.
<br />D�1 of Trust if: (a) Borrower pays lender all sums which would he char. J e :in,h [tires d'cf c, 7ru�a. itrc tinir,� an' not e t enfot P utuie
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