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L <br />85, 003814 <br />!. Con/emnatins• The pro „C I. n) any ward tit clam our d,rnafc. direct m „n1tquen1iJ1 it a n.ic,lion with any <br />, -de n <br />malnrn of other taking of the Pror._ny, or part thereof, It for conveyance .n lieu tit condeaxtation, are hereby a» ,gn a <br />and shall he pail to hider <br />In the event of a total lakmt of the Property, the proceed, +hall ill, .ippitcd !o the sums secured by this Decd Lit 1 rust <br />with the excess, .B any, paid to Borrower In the event of a partial taking of the property. unkss Borrower and t ender <br />otherwise slat” in writing, there •halt he applied to the sums secured by this Decd tit 1 -atni such proportion of the pinterds <br />As as equal to that proportion which the Amount of the sums it cured by th•s (seed of Trust .mtneJrately prior to the date of <br />,ding bears to the fair market value of the Properly immediately prior In the date of taking• with the hataract of the proceed% <br />flow to Bmrnwtr <br />It Ili: 11•. perry - .4,an-low-1 by It.n r,.... t..0 11 -,(let tw.hat by 1 c•ndct to Il.n u.w,.i tho dw . ou.ta•nut.e offer, all mirk,. <br />ao'041.1 ti. kite -r kilon tin dauragc.. IMutowct 1.111% U. resp.od is I miler w,thnt tU dilya of Kr live date Guth oottte n <br />mated. Lender a swhmized to collect and apply the proceeds. at Lender's option. either to restoration or repair of the <br />Property or to the sums secured by this Deed of Train. <br />Unless Larder and borrower otherwise store in writing .in) sue h application of proc -eds to principal shall not extend <br />Or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount nl <br />stick rmteelmetga. <br />18. No eat,. Not Rekeso Extentaon of the tame for payment or modifstation of Amorwatron of the sums secured <br />by the Deed of Trust granted by I ender to any successor to interest of Borrower shall not operate to release, to any manner. <br />the hability of the original Borrower and Borrower's successors in interest. 1 ender shall not be required to commence <br />proccedtnp against such successor or refuse to extend ante for payment or otherwise modify amortization of the sums <br />stcused by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors to rnieresr <br />11. Forbeasnce by Lsodwr No a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or <br />odherwate afforded by applicable law, shall not he a wawet of or preclude the exercise of any such right or remedy <br />'the procurement of msdrance Of the payment of taxes or other Ions or charges by Lender shall not be a waiver of Lender's <br />room to accelerate the maturity of the indebtedness secured by Ilrn Deed of Trust <br />12. Restedke Cumulative. All remaral provided to Ihn Deed of Trust art distinct and cumulative to ally other right <br />or remedy under this Deed of Trent or afforded by law or equity. and may be exercised concurrently, independently or <br />succesatvely <br />13. Succession and Assign Boaod; lofat aM Srverat D.IabnNy; Captions.' The covenants and agreements herein <br />contained shall hind, and the tights hereunder shall inure In, the respective successors and assigns of Linder and Borrower. <br />sublease, to the provisions of paragraph 17 hereof All covenanh and agreements of Borrower shall he )ant and several <br />the capowrs and headings of the paragraphs of .nn Deed of Trust are for convenience only and are Ito, to be used to <br />rwerprel M Jefine the provasiolus hereof <br />tit. Nook#. Except for any Iotict required under applicable low to be given in another manner. (a) any mane to <br />Borrower provided for an this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at <br />the Property Aldan Of M st�t'her addrea as Borrower may designate by notice to Leader as provided herein, and <br />Ib) say aottce to Leader 00 be paver by rxnrbed mat), reawn . opt requested, to Lender's address stated herein or to <br />such olhtr address as under may dalg"ar by notice to Borrower as provided herein. Any notice provided for to this <br />Deed of Trial shag be deemed to have been given to Borrower Of I ender when given in the manner alnignated herein <br />IS. UIrNolm Dad of Treat; Growing lsrt Stverdiky. T hit form of deed of trust combrncs uniform covenants for <br />national use and non -untlorm covenant& with limited vartanons by jurisdiction to constitute a uniform security instrument <br />covering tee& property. The Deed of Time shall he governed by the low of the ) urisdretion in which the Property it located <br />In the event that any provision or clause of ems Deed of Trust or the Note conflicts with applicable law, such conflict shall <br />I" affect other p+ovnwrs of this Iced of Trent or the Note which can he given effect without the conflicting p rovrvon <br />and tit this nod the p'FoveAxras of the Deed of Trust and the Note arc declared to be severable <br />16. Bmrwwer's Copy. Borrower shall be furnished a conformed copy of the Note and of this Decd of Trust at the time <br />of execution or after recordation hereof <br />17. Tsssrier of hate Pe"a _y: Amwpros• If all or any part of the Property or an interest therein is sold or transferred <br />by Borrower without Lender's prim woolen consent, eaclud.ng (4) she creation of a lien or encumbrance subordinate i• <br />Ihn Deed of Trait, the the creation of a purchase money smunty mteresi for household appliances, 1c) a transfer by : cviw <br />descent or by operation of law upon the death of a nom tenant or tote the tram of any Icasehutd interest of three )ears or less <br />n nt <br />ot coaiwng an option to purchase. Lender m ay, at Lender's option, declare all the sums secured by this Deed of Trust to he <br />immediately due and payable• Lender shall have waived such ci on to accelerate if. prior to the sale of tnmfer. Lender <br />and the person to whom the Property is to be sold or transferee reach agreement in wottn{ that the credit Of such person <br />re s graffeaory to Lender and that the interest payable on Ike sums secured by this Deed n( Trust shalt he at such rate as <br />tender stall milling If Lender hex waived the option to accelerate provided in this paragraph 17, and of Borrowers successor <br />to interest has caecuted a written assumption agreement accepted to writing by Lender, Lender shall release borrower from <br />aft obligataurs mmkr this Deed of Trust and the Note <br />11 Lesdkr estmises such opium to accel'Wt. I trader shall mad Borrower notice of accckration to accordance with <br />parspprapls 14 hereof. Such notice shall provide a period of not less than 30 days from the date the notice is mailed within <br />whxh Borrower may pay the turns declared dire. f Borrower tails to pay such sums prior to the exptntion of such period. <br />Lender may. without further notice or demaud on Borrower. Invoke any remedies permuted by paragraph it hetgol. <br />bicW.UrwlrtaM (oveNArrTe Borrower and Lender further covenant and agree as follows. <br />IB. Accelerative; Rewedin. Except M pevMa is pasregrasph 17 hem(, up" Boenwees breach of say reavenasnt or <br />nuwgw«N od Banewear us Ihfa Deed of Trivial. iKh MM the careseuNa so pay when die say awn sectored by tbk Deed <br />of Tried. larnatgr prim to acceleration shah Ira/ naNew to Borrower a provided M paragraph 14 tare'( specifying: (I I Na <br />browse. 121 Noe m1Ms eespeked to cow web brrwb; 431 a Mk, ON ko Nall let hays free she dale the auger le rsalkd N <br />Bw is @-. by which sw•b breach awe be owed; and 44) tat fait I to ewe sock boost b on or before Nk debt mweiaw <br />to the notice way ressdt M wcrkrstks of the nom sectored by Nix Deed of True Ind ease N Bat Plopoo y. The notice <br />66aB frreMr Werve Borrower of the Aghr so reloome afwr wcekrdes and the rfllbl to bkkq • cowl at11ass so woA <br />On me" a, , of a detwU or any MMe deenek of Bo own a wceknNas osd oak. If the be gat is am cured <br />as or Ba/osr Ne tee epecM" a The stoke. Under,. at Loodees, ephon say leckre am of Mae wan secwN by Nits Deed <br />d Toe so tea iaw diody gin told pey@W wkaM fa)rNsr demand sod say investor rise peen 1 o' ale rid asy Mho rgModel <br />posisom / by applkob k low. Lender " be eadded N cdkH she vommush k coass ad np"ws lneuned M penWng Ne <br />saes" pear lb/ so Nle pnaspaPb IB, A I ill,. 6. base sae Bogged a. nsaanww aTareay'I fan. <br />N Nt pro r of see fe avahN. Trason dwO newd a asl" of "a& in forest toowy In whkh slit Pimp es) or $oave <br />pan Nand k IoM -mad 1MB a" eopM sf soaf► stoke in No reasoner so asse M d by appMeaYe low a Barr ewe r aM a Ne <br />aNar gorrn prskriMd by appIkAk law. AMr Of better M Web Nsa m my 4 all b' npoplkobse law. Tneoe ibM <br />Owe -dbik sake d ask a 68 pow m a" In an no"" prearMed by apes, 11 Mw. Trwstre. w1 1 --- dewaasd on <br />ieaeaarrr. *o wn Nn Preppy M pwft aaetks war h�Irssa biddo w Ibe Nwe emd pNn ad wrier Ne koaa "noted <br />M the WWk@ of ado M area w mom parrsi asd w web order w Troon say Igo fellow. Trtwkc way passpw role of aN <br />or any p ad of Na People 11 by poW aonsuw*= M M Me Nets asd peons of any ttmMoll wloddad ask. LgNo w <br />Lender's &*— way Pm'h— Ng PnPIri1' M aey Oft- <br />wrests neaps d psymoo of Nag price bid. Taiwan eb@N 610 -r a Nk pwwawr TrsekI's dead tos.gylrq Now Propwsy <br />Wald. The #*lets M On T'o'gs dead dal IN prim seek wMMsce of thw /nth of IM stss@mwtaa we* ON . Treat <br />saR apply the Fee- e d Ill ak In Nk 1"08 order: (N a IB rasaawlbse cow asd responses, of Nr sole. I cArMag. bur <br />she on*" a. Tfvonls ew of am wow Nan % of the pore ok price. nwasa.. Mlosey's ton assd caw of <br />ikM arobibegea; MI so in eMbs geoposnd By gab Deed of Unit Mid (e) the sacnw. N ay. Is Of Person w pmm legally MOW <br />Nmeb. <br />N. Ber►awses RIttYi M BlelasetMk. NotwaMtan/ieg I.kntier's acceleration of the stones secured by Ns Geed of Trust. <br />Borrower staatl have the rights so love any pnoceedwgs begun by Lender to enforce the Deed of Tnaat discoMmtitd at <br />any iris pear to she ow great so sccw d G► the filth day before Ilia: sale of the Property pursuant to the power of ale contained <br />an Na Dead of Taws at city curry of a lug I,ufacuq Na Dead of Trust IB• 40 Botrowq pays Lender all owns which would <br />be then data rider the Used of Truro, eke Nark gad tans securing Future Advances, of any, had no acck)gralnon occurred: <br />list Bmrowa curs aB beackw of any elver cowesaus or tree snots of Borrower contained in this Dead of Tnnl: <br />fell Bornwes pays a8 reaeanaDk saps+tws iaRwewd by Lender atad Trimee in enforcing the covenants sod agreements of <br />Borrower contained is this I of TIWM and in enforcisg Lender's and Trwke's remedies as provided in paragraph 11 <br />hereof. inchrdtrag. Iwo not banded to. reasonable attorneys fns: and Id) Borrower fakes such action as Lender may reasonably <br />floristic to "sure that the loan of the Dead of Trwt. Lender's interest to the Property and Borrower's obligation to pay <br />V1 f, <br />0 <br />