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$5-° 004449 <br />by 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 for damages, Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Leader is authorized to collect and <br />apply the proceeds, at Laadw's option, either to restoration or repair of the Property or to the sums secured by this Deed of Trust. <br />Udws Lander and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend or postpone the due <br />daft of the monthly imtalmsM referred to in paragraphs I and 2 hereof or change the amount of such installments. <br />ZL Donower Not Aelsaaad. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust <br />grafted by leader to any successor in Internet of Borrower dull not operate to release, in any manner, the liability of the original Borrower and <br />Borrower's sucomors in interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for <br />payommt or otherwise modify amortization of the sums secured by this Dad of Trust by reason of any demand made by the original Borrower <br />and Borrower's uncommon in Internet. <br />11. fwbomma by Ldndw Not a Woly r. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded <br />by applicable law. shag not 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 plan 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. BoMelw Cmtmisller. 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 bylaw or equity, and may be exerdsed concurrently, independently or successively. <br />13. llseteson and AmWo New d; Jofa dad Seem LWilty; Captions. The covenants and agreements herein contained shall bind, and <br />the rights hereunder shall inure to, the respective suecesaots and assigns of Lender and Borrower, subject to the provisions of paragraph 17 <br />hereof. Al covenants and agmemeats of Borrower shall be joint and several. The captions and headings of the paragraphs of this Dad of Trust <br />are for convenience only and are not to be used to interpret or define the provisions hereof. <br />14. Nader. 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 nailing 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 Leader as provided herein, and (b) any notice to Lender shall be give by certified mail, return receipt <br />requested, to Larder'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 Deed of Trust shall be domed to have been given to Borrower or Lender when give in the manner designated herein. <br />15. Uniform Deed of Test; Governing Law; Savwsslif ply. This form of dad of trust canbim uniform covenants for national use and <br />non - uniform covenants wife 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 applicabk law, such conflict shall not affect other provisions of this Deed of Trust or the Note which can be <br />giver 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. Borrower's CM. Borrower shall be furnished a conformed copy of the Nose and of this Dad of Trust at the time of execution or <br />after recordation hereof. <br />17. Tnasfer of Me Pnpwty; Aanmp m. If all or any part of the Property or an interest therein is sold or transferred by Borrower <br />without Leader'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 gram of any lwseho)d interest of three years or less not containing an option to putchase, Lender may, at Lender's option, <br />declare all the sums sawed 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 tratafer. 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 Leader has waived the option to accelerate provided in this paragraph 17, and if Borrower's successor in interest has cNecuted a <br />written assumption agreement accepted in writing by Lender. Lender shall release Borrower from all obligations under this Dad of Trust and <br />the Note. <br />If [ender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 14 hereof. <br />Such notice dull 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 />1111. Ac+aiwmroa: Bom dlw. Eapp w rusiMed In pwagrnpY 17 besot, open No own's breaee at 2* '1 4,60 w °w8rseme l of <br />Bor saw ' Mls Dud of TnN. Ise'dlag no eownsals N pap when Owe any dMd sdeMead by Mix Dust K Tstri, <br />MsN o" ooNt M Reserswamp wviMd la pwagrs1, 14 border ItpwNylmg: (I) Me bedsei: (2) tee action fe4akst to care such breach; (3) a <br />& t. NO km Nsso 39 dsp hats Mr dale of settee ls saw so so a a 0, by wiles snob boleti tasty be twad; nr (4) prat falan to ewe suet <br />bfum* so or Minn Mr dMe spelled' Mrs tuft mar nest Is swflsruA of at same second by Mix Dead of Trust and asps of On rr"Wrty. <br />Tbe angles disc fatless isNre s an nwww of tie ryM M tdhtsnw erne occalsrafte and die ftlet to being a newt acts- N exert do an- <br />eMlsenw of a ddnM w so Nbr ddhod of Do Dow a swdwedes and aid. If due brsadi is as eared M err bNw - Ms time spot in in tie <br />0060. Lsdw a Umbel spin my davit err of fee dated secured by pals Dead of Tram N be hsuNiNdy doe red rats) wiliest furMw <br />dwmd mat mar b"i w Mr Power M wk and cep fiber rdwad ss prmftd by opleobk low. Loodw dbeM be sodded N tellset all romom&k <br />eels ant oxpa lmewroi' p sdit Md nos" p Hills f. dais pwagnN 18. Ise1 11 . bit sot lnfsed 10, rswaesabk soorsey's fees. <br />M tbe pew of nk k'r.I a Trades dial ncwd s mfft of dotmk N owe gooey N wbki tee Pnprty w dove pat dlwsfr ls locaad <br />red dml mW dsplw of swb Boma N Nor nwoow pns- 0 0 b rrlip", he law a om sow and w dw od w prawn Bowed by appmcmk <br />'w. Allan Nw blpu of neb dm as mar be raquiped by MlN 1 law. TnNw AM give PuM OWN of ask N tie pwfem sod in pro Manner <br />pwdrNad b spplltabM'w. TreMw, wlbest dead so On vivivi deal wN the Props tty at PM& auction is dw higbnt bidder at the dare <br />and pMw ad satyr Bow land duke Md M Me soft of ask Is am or wore l I I used 'such order as Trame msr tdtsrfstaI. Trusser may <br />Poslpww sat of r w cry parted of do Pr"arly by pMblk as sssocano t at Me doe sod ph" or any pig 0600b st:betNad snk. Lester or <br />Lsdw'd dm*m Nldp' Wdo Ibe Ptuprlr a in* wk. <br />t1Pott ntrrlp N flans M or fte pole bpd. Trines AM delves to Me Pon chow Trmow's dead conveying Me Property said. The recitsb M <br />Me TYMw's deed dud be piss fade rrlaaNee of Me *salt of Me slawseMa mate Mw dm. Trades es sbel aWy dw pnnaM or name ask is the <br />L foMswlq «dw: W N till wmaosbM fwM ad eapww 64 Me ado. I@d"mg, bet MW NOW Ia. Trasser's lose of ant anon emu _Jā€”__64 <br />ā€”_._ _R4 <br />of d w M mls plan. rdawobk anepr's ho ad eosls of lade evideaccp M to el sown seem by ibis Dead or Tree; nerd (ct tie excess, if <br />ar4. M Md patios w revenues IspaMy sodded Msrets. <br />It. Bat r0ww'NOW OO NWN MM. Notwithstanding Lender's acceleration of Oar sums secured by this Deed of ( "rust. Horro%cr shall have <br />the right to have any proceedings begun by Lender to enforce this Deed of Trust discontinued at any time prior m the earlier to mvur of ti) the: <br />fifth day before the teak of the Property pursuant to the power of sale contaleted in this Deed of Trust of air) entry of a judgment cnfornna that <br />Und of Trust if: (a) Borrower pays Lender all sums which would tar then due under this Decd of I rim. the Note and mints arvring I III trc <br />R <br />