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<br />by this Deed of Trust immediately prior to the date of :ai:mg ows io the fair market value of the Pr opcny immedisu3y MOT t,
<br />taking, with the balance of the proceeds paid to Bowser=.
<br />If the Property is abandoned by Borrower, or if. after notice by Lender to Borrower that the condemnor of fern to make ari ax'ard or seta. a
<br />claim for damagea, Borrower fails to respond to Lender within M days after the date such notice is tnsiied, Lender is authorized to raid i. and
<br />apply the proceeds, at Lender's option, either to restoration or repair of the Property or to the suits secured by this Deed of Trust.
<br />due
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend or postpone the
<br />date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of such installments.
<br />1d. Borrower Not Released. Extension of the time for payment or modification of amortiution of the sums secured by this Deco of Tr -:
<br />granted by Lender to any successor at interest of Borrower shall not operate : o release, in any inhere, the liability of the original Borrower ant:
<br />Borrower's successi l7 in interest. Lander shall not be required to commence proceedings against Such successor Or refuse to extend time for
<br />payment or otherwise modify amortisation of the sums seethed by Lei :s Deed of Trust by reason of any demand .nisi by the original Borrowe'
<br />and Borrower's successors in interest..
<br />11. 1Forlaorau r by Lsdar !Vota River. Any forbearance nr Lender i i exercising arti ngnt or remedy hereunder, or Otherwise afforcieC
<br />by applicable law, shall not be a waiver Of or predudc the exercise of any such right oT - =- Tiedy- The pro urTJent of irsuran— or the i a}'AlCIit 3'.
<br />tam or other liens or charges by lender shall not be a waiver of Lender's nghi to accelerate the maturity of the indebtedness steered by :his
<br />Deed of Trust.
<br />12, Aus"es Ctoublive. All rema acs provided in this Dee! of Trust are distinct and c mnlsu =c to any' other right or rents dv ° ,rider bus
<br />Deed of Trost or afforded by lax or egwty, and may be exercised concurrenlh, independenidy .nT s ,ec:ess..'eiN
<br />13. Smeoutess and Amyms Seed; JoiM and Several Liability-, Captious. The co%r —n *.ants si=G ag: eC'lents her mn contained Shall bend.: and
<br />the rights hereunder shalt inure to. the respective successors and assigns of Lender and Bz7r,*%ke :, .s: biec: to the provisions Of paragrapr.
<br />hereof. All covetianIs and agreemenis o f Borrower shall hr joint and sev -eral. The m :ions end heading:. -,f *-tie paragraphs of this Deal of TT- s:
<br />art for convemernce only and are not to he wed io interpret ar define the pro: isions herecf
<br />14. Notice. Except for any notice required under spphcabl: law to be 1;' - e- !:. al.c::her manner. =.a) a ^.y notice to Borrower prodded ,: :n
<br />this Deed of Trust stall be given by mailing such notice by C- 3,nfred -ii-al addrtsseI :. B,_^r ,wer at rife P *_.pem' Address or a: cacii other adore
<br />as Borrower may designate by notice to Lender as provided iereia, and (b) a % not :ce :o Lender shad) be given by orn -fled maii, rerun momp:
<br />Tequeued, to Lender's address stated herei-n or to such other address as Lender rnav" designate by notice ;o Borrower as PTOrided nercint Any
<br />notice provided form this Deed of Taut shall br deemed to hays teen given :o Borrower or Lend= wiic g en in the manlier designated ?ore -k'n
<br />13. Ualf, Dead of Truest Governing Law: StvenYility. This form of aced of tr'-S: combines umforrn, covenants for national use ants
<br />non- uniform covenants with limited variations by Jurisdiction to ccristrttile a uniform wurt' instrument Covering Tema prape:ty. TI-15 Deed :f
<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 :his Deed :f
<br />Trost Or the Noe conflicts with applicable lax, such conflicl s=tall no: affect other ',provisions of this Died of Trust or '_he .''Yore -which Can be
<br />1py n effe� -: without the conflicting provision, and to this end the provisions of the Deed of Trust anG ine tiOee are deCiared to tie severable.
<br />16. Borrower's Copy. Borrower shall he furnished a conformed copy of the Note and of This Deed of Trust at the :a-me of txetulicM ,r
<br />after recordation hereof.
<br />17. Trader of tier rropeim'. - kninmPd m. if all Or arty part c! the P -op erty or an interest therein, :s sold or trarsferTe~ by Bo ^owe:
<br />wl.houl L rim's prior written consent, excluding (a) the creation of a Len or encumbrance subordinate to th5 Dxd of Trust, 1-i the creation of
<br />a purchahe money security interest for household appliances. fcl a transteT by devise, descent ar by operation of lax upon -he death of a Joint
<br />Senn sir td) the grant of any leasehold interest of three years or less not certai:ung an option to per: c=hase, Le..der msy, at Lender's op:ior.,
<br />declare all the sums secured by this Deed of Trust to be imme dmely due and pavable- Lender shall :aye -waived such 3ytion to a:.ced:ra:e :f.
<br />prior to the sale or transfer. Lender and the person io whom :fie Proprry is :o': :.. : ansferred reach mg, en: in writing :hat tilt emit o?
<br />Such person is satisfactory to Lender and that Itic interest pa ya b ir on :hr sums secured t y •.ins Der.' oI Tnasr shall to at sLi cn Tate as Lend- she:
<br />requirst. If Lender h waived the option to accelerate providec in this paragraph 1', and if Borrower's successor i. ^, ntemt has rarcu:ed a
<br />hats
<br />written assumption agreement accepted in writing by Lender. Londe: hail release Borrower .Toni sal obligations under this Deed of Trust i nc
<br />the !vote.
<br />If Lender exercises such option to accelerate: Len :der shall .^.;ail Sar.Z1we: nonce o accejerwlon ir: a c: dance with paragraph i3 hr :ro
<br />Such notice Stull provide it period of not less titan 30 day':. f- Linn :hr date the notic: Is inw.ed N;ihin which 3orov rr ^iati pay the sum's del� lz:ed
<br />due- If Borrower fails to pay such sums prior to the expiration, of such perlod. Ledo. :nay witho it further nonce nr demand on $or :ewer.
<br />.-wale any re medies pennitted by paragraph 18 heft::'
<br />NONUNIFORM COVENANTS. Borrower and Lcmirr, `urther cc,enam and agree as follows
<br />I$. Aecadedera: Reamedies. Except as provided in pararrapY 17 bereot, upon Borrower's breach of any covissae or agreement of
<br />Borrower im No Dead of Traw., Iscludiag the covese mb to pay wben dirt any muffi secured by title Deed of Treat, he=ader prior to atteleratioe
<br />dog IN& metier to SwMwer as presvNd is paragraph 14 bereof sped ifying: (I i the breach: (2) the artists rem to cut much breech: 1,31 a
<br />date, no le a daut 39 4sys fross the date of nsbee is stalled to Borrower. by which such breach >ntert be eared: ad (i) tim tmftw to rurr such
<br />brusei es er Wait die date specMied Is the aodol orgy result to aoreiereares of the mur new ei by' thb Deed of Trstt ad oak of the Prwperey .
<br />Tit modem ra.B finales ideem Borrower of the right to rdtswaa E t t a acceleration sd Use right to brhtsg • cow sod" to amen tie duo -
<br />atlslsace of a deault army eater def"M of Selrrai to scseiteutive and Mile. If the Macs Is sot cured on or before the deft specified ice the
<br />tstliee, fader as Loader's option may daecieft ON of the seats rerored by rile Dead of Treat to be imsaedlabdv dot sad pavable without further
<br />denuend and my imveice tbt pews of sale sod an' ®tier e--- -11w persftsed by applicable Isis. labia seam be estltled to compel IM r'womalik
<br />cows sud aspeasse faults is pluetaft the data" provided is this paragrwpY 18, IscJedhg, but sot mailed to, reasonable attorney's fees.
<br />if The paws" of tit is Isvoled. Trustee sham record a notice of default in each county is with tbt Property of lemt put thaleor is lot-at"
<br />said anti ball copies of amts seam its tle ematser prescribed in appmwbit law to Borrower sod to the other petsoaa prescribed by applicable
<br />low. Afar the Mass of much dw au may be requited by appmalir Hew, T reset 4*M love public noti t of iris to the Vemum and In the nnuorr
<br />pror 0, A by appos" Iew. Trastat, wilbout donWd as Borrower. From sell the Property at paw sorbon to the higher bidder at thr bower
<br />sed plow sod Milo tat Mme designated In the notice of sale is tae or more pesrrab sod in such order so Trustee easy determine. Tnow moo
<br />posapeme tale of v or soy partial of Use Property by public etsm®uaceotml at the time ad plate of any prevkmWy sebedmkd oak 1..eader or
<br />Leader's dseww way It dim- tap Yfopatli' at soy wile.
<br />iJpets atwUd of psy'stmt atom piece bid, TratiNt ism delver to tbt parchaia TrestHw's deed romvey"i the proper) st4d. The Tritiab in
<br />11 T
<br />the Trtsstee's deed sum to prise facie ""Rose of tbt truth of tbt statements wade tberris. Trustet sham apply the proceeds of fbt sate in alit
<br />�
<br />%*awl" eels": (a) to an faetailt nnib said eapeem of tie oak, including, but east limited to. Trustee's fees of not more foes
<br />Of tie paw ask prior, rettearbk wrtlarary'a fe" wad roNa of tidy r.ldreur: 4bn to all sums see'srrd by obis Decd of Treat: and 4 fbr rvrt--0-. if
<br />soy, to the plrfon or penraor � es titled tbrerto.
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