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<br />oy this Deed of Trust immediately 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 far damages. Borrower fails to respond to Leader within 30 days after the date such notice is mailed, Lendr is authorized to collect and
<br />apply 's option. either to restoration or repair of the Property or to the sums secured by this Deed of Trust.
<br />due of the Lender itt�ah�u rap +ice in writing, any such application of proceeds to principal shall not extend or postpone the due
<br />H. lortaaAy Paragraphs I and 2 hereof or change the amount of such installmems.
<br />Rumored. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />Fantod by Lender to any successor in interest of Borrower shall not operate to refuse, in any manner, the liability of the original Borrower and
<br />Borrower's successors in interest. Leadr 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. Forbeanuee h pander Not a Wahw. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applicable law' shalt rat 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 liens 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• RenetBes Cmsola lve. 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 exercised concurrently, independently or successively.
<br />13. Saccasore and ARNIM )Istty; Joint sad Several
<br />LtstbWq; Captious. The covenants and agreements herein contained shall bind, and
<br />the Fights 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. 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 certified
<br />requested, to Lendr's address stated herein or to such other address as Le der may design ecby notice ovBorrower as prov died 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 />15. Uldfeta Deed of Trust; Governing Law; SevaNblilty. 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 haw 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 be severable.
<br />16. Rommer'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. Trundler of the Property; Assumption. If all or any 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 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 learobold 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 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 person to whom the Property is to be sold or transferred reach agreement in writing that the credit of
<br />such Arson 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 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 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- UNIPORlN COVENANTS. Borrower and Lender further covenant and aster as follows:
<br />li. AoodsittleN; Raon". Except a provider! in Paris~ 17 hereof, o
<br />Satnwer d his Deed of Thal, Pa Borrower's breach of any covenant or ngreeneat of
<br />f•ddiMg de covenants to pay witea due any surer secured by ttds Deed of Trust, Leader prior to acceleration
<br />tteen nten ntatlte N Boo own err Prided d Psnpn* 14 hereof specifyitgc (1) the breach; (T) the action required to core each breach; (3) a
<br />tint. eN has done 36 days train the due of Notice is UMW to Sommer, by which such breach lust be aveN; red (4) limp ldlare to care such
<br />brameh on w halete M(t dtNt 4ssMlsd In net nooks nay result d accaterads"i of lose some secuM by dW Deed of Treat sad sue of the property,
<br />The aotfee den (arch yoem go N," r o/ the rift d rdNStNe after acederadea and the rIgY1 to bring a cart artier to seen the as
<br />ehislWos ate d ad or my either dslet use of Sorrown N scow sad she. If the beach ls not cure! a dw before she dhsle specified ix the
<br />satire. Leader at pander's open stay Nolen an or the sum ntecnrrd by dd Deed of Tic to be
<br />dimmed and May ievoise de part or seek ash tray isobar. het Me, l tsiy due and POYshie witbaat further
<br />PC by
<br />by appnctibk low. Leader shad be eatitW to canoes an reseoesbk
<br />toad rani esysases IetanN f• Panmimg de eel provided Is ibis Paragraph 18, Including, boo Rol Mailed to, reasonable atfonwy's fen.
<br />D de ewer of ale ls Invoiced, Trustee abaU record a notice of defsdt IN each Canty to which Ilue
<br />and so" a" roods of stets Notice IN de earner Prescribed h appncabk law to Y w loose Part tbdreor ls orated
<br />Ins. Ater an low of a� tine at Borrower sad to the other Persons Proscribed by applicable how, Trustee sioull give MaaaMed by' mgsoahk hew. Tres w. Vldnal demand on no own, it n sell obe p lrtbnc retire of oak to The poswms aetl im the enatser
<br />and Place and NNdar tons IMOt property N pbnc %wilco to the higbou t bidder at the fine
<br />datlgamted M the nuatiox of ale o ate a more Parcels and In such order as Trustee may determine. Trustee may
<br />ape n ad a tents Pss`rl N Y by p—, asmosecamemt at the riae and Place of n
<br />Leader's dsslgsss esay tease Met property N hay dr. Y prev scbedided de. Lender or
<br />UP" Of POPENO of de Price bad. Trustee don deliver to the Purchom Trustee's deed conveying the Property sold. The recllals la
<br />Mee Trustss'f dad seems k Ps�e hole divfdtaoe n lone lead of the statements rssde therein. Trustee 8W spptY the peeeteda of the sale to she
<br />restrains order (s) so an mmmmm a Costs and edyenos of the ode, Including. but not United to, Trustee's fees of not more then the oak
<br />.... ere
<br />d dK pees ds Pries- remeomMk Oftmr=Y's fses pad Costs of tide evidence: (b) to all sums serried by t� deed of Trust; end (r1 the excess, if
<br />raY- ro aft Person or Persons kg* etYMsd derma.
<br />19, Setrower's IS& N Rdtutste, Notwithstanding Lender's acceleration of the sums secured by this lieed of Tr use, It, "( et shat! base
<br />the right to have any proceedings begun by Lender to enforce this Dct,,d of Trust discontinued at any time grace w the carper t<, recut of l M the
<br />fifth day before the sale of the Property Pursuant to the power of safe contained u) this Deed of Tntst or (ii) entry „} . ttedgmen: c ^nEorcinµ nn
<br />Deed (if Trust if: (a) Borrower pays Lender all s,unts which would be then due under ihr, Ikrd rat heal, ehe Vote ,ind m,ic .c,+uing fatale
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