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bythis Deed of Trust, Immediately Prior To the bate of taking bears to the fair market value of the;Property immediatelyprior to the date of <br />told, with thrbabm= of tip procce is'Paid to Borrower. <br />If tires Property is,abandoned byBorrower. or if, after notice by Lamer to_Borrower that the condemnor offers to make an:award:or settle a <br />dean for duanni es,'Borrower` fails to respond to'.Lentier within 30 days after the date such notice is mailed. Lender. is authonzed'to collect and <br />igtpay tlrrprooeads <br />at lierider's "lust, citherto restoration or repair of the Property or to the starts socumd :by this Deed of TTmt. <br />,Uain&,L der.and &azower,adm nmw vw is writing. any atchapplicautin of proceeds to principal shall not extend or postpone the der <br />tie of themltiuhfy istudi units referred to in.parWisphs t ;and -2 hereof or change the amount of such insWhnents. <br />11. ;llaenwer'NotJwk "L :Extensiaa of thelime for,psymemor modification of amortization of the sumis:secured by this Deed of Trust <br />�anratt by 7, err to arty <br />successor, in interest. of Borrowenshen,not operate to release, in any manner, the, liability ofthe original'.Bc rrower :and <br />°Btntw wins maggisiscons in. interest. Lmdershali trot: berequired.to.commence proceedings: against such successor is refux +to:erttend time for <br />Palaaam.or,odowmise modifyamortirationof the sums secured 'bythis Deed of Trust by reason of any.deetand,made'by the original Borrower <br />dad Bmtoeret's sacaaars is iatet+est. <br />_ tseeemsstee ey IRUiw fYot a yiddvaae, Any forbearance by !_ender it: exercising any right of remedy hereunder, or otherwise afforded <br />by spidieabbe law. shall notce a waiver of or preclude the exercise ot.any such right or remedy. The Pro. utremcntof insurance or the'payment of <br />saxes or odder liens or charges by Lender shall not he a waiver of Lender's nigh* to act,•elcraie. the maturity of the indebtedness secured by this <br />Deed of Trust. <br />L Jkmm "i Casadafvt. All remedies provided in this Deed of Trust are distinct and cumulative to any other: right or remedy this <br />Deets ofTnist or. afforded by law or equity, and .may he exercised concurrently, independently or successively. <br />13. Socc ,md llseiipi -Bowed. Joint and SeverafI3ahmyt Capdoei. The covenants and agreements herein contairred.shall bind, and <br />the ;t*ha'hereunder shall inure to, the respective successors and assigns; of Lender and Borrower. subject to the provisions of Paragraph i" <br />hereof. All mveamms and agneanarts of Borrower shall be joint and several. The captions and headings of the paragraphs of.this:Deed of Trust <br />aim for conveaience only and are not to he used to interpret or define the provisions hereof, <br />34. '!wtlee. :Except for any notice requited antler applicable iaw to begt,en in another manner. ta) any troche -to Borrower provided for in <br />this Deed of Trust shall be given by mailing such notice m, certified mail addressee' u. Borrower at the Prole. sty Address or at such other address <br />as Barrowu may designate by notice to Lender a5 provided herein:, and 4b) any notice to lender shall be given by certified retail, return r _-ip, <br />requested, to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower asprovtded herein. Any <br />notice provided for in this Den. of Trust shall, be deeoted t i have been given to Borrower or Lender when given in the manner designated herein. <br />IS. 'UNWO m_Dow of Tnut; Governing Low; Seserability. This form of deed of trust combines uniform coven inta'for stational use and <br />nom- uniform covenants with limited variations by iurtsdiction to constitute a uniform security instrument covering real property. Mss 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 Deed of <br />"Trust or the Note conflicts with applicable lave. such conflict shall not affect other provistonq of tins Deed of Trust or the Note whtiuh n 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 />26. errewer'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. ?roach of Bei'hop"; Assumption. If all or any part of the Property or an interest [herem is sold or transferred by Borrower <br />without Lender's prior written consent, excluding ter) the creation of a iten or encumbrance subordinate to This Decd 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 join[ <br />tcoant 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 sayable. Lender shall have waived such option to accelerate if, <br />prior to the sale or transfer, Leader and the person to whom the Propervy is to be sold or transferred reach agreement in writing that the zredit of <br />such person is sausfacrory to Lender and :heat the interest payable on the sums secured'. by this Deed of Trust shall he at such rate as Lender shall <br />request, if (render has waived the option to accelerate provided in this paragraph (', and if Borrower's successor to interest has executed a <br />written assumption agreement accepted m. wi tong b% Fender, Lender shall release Borrower from all obligations under this Deed of Trust and <br />the ?+tote. <br />If Lender exefctses such option to accelerate, lender shalt mall Borrower nonce of acLeleraiion in accordance with paragraph 14 hereof . <br />Such notice shall provide a penod of not iess than 3() days from the date the notice ie mailers within which Borrower may pay the sums declared <br />due. If Borrower fails to pay such sums prior tc: the expiration of such period. Lender may, without runner notice or demand on Borrower, <br />invoice any remedies permitted by psroograpli 18 hereof <br />NUN- UNiFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19, AeodwMlem: ites&u. EgtW as,lmovided is pttttpaph I? hereof, upon Borrower's breach of any covenant or agreement of <br />lecswwr.:.thiaDad of Truce, Dowdier[ We covets to pay weer, tine any suns seemed by this heed of Trust, Lender prior to acceleration <br />leaN no sMiet In :Son wwas provided in pataljraph 14 hereof specifying: 4 1 the breach: (2) the action required to care such breach; (3) e <br />dpi, sm Jam dens 30 dr#s'from The daft of notes is me" to berrourn, by which such breach must be cured: and (4) that tWare to cure such <br />fsaace its or before else bur specified is the notice cry' result in aeeti ni don Of the cams saw red by this Deed of Trust dad aerie of the- Propem . <br />711n, sodas dug hodin idora :Bmrower 0f The d0i to fdOMie sfw acceleration and The T*kl to brflsR a coon 'Im to soon the twn- <br />indom aed is lobate ar.atsy <alhsir ddeaw of Burrower to aeeekrstiat and sale. If the brinift is not cured on or before tee daft eviedfied fn the <br />amlI Liandermt i auder's epdm may declare on of the sums secured by this Deed of Tryst to be immediately doe dad payable withwl farther <br />don=&and, am ha•eler the poorer of sole and any otter remedies Permitted by applicable low. Lender sbsdl be entitled to COOK all tersetobic <br />cow and inami m inemi ed is ptussillR ter ndsedies Provided in This poraypoph 18, hselydisg. but soh limited to, remsawkWeattarmey's fete. <br />I/ 1Y, Power of Ooh, k imvobed, lrwlae ill" recerd s notice of default is ash county in which tee Proverty or Same part thereof is ocated <br />soul tba1l ndif , id, of mWh noikv in tee rmarner presrtibed by appieable law in 9orrogm and to the other persons prescribed by appliesbh <br />Ine. AteocibrJout of such timoos troy be ngWmd by applic" etw. I o now shoo ghrpubik notice of sale to The Ptmms sad in net smarter <br />pseos I , by- aPpBsahle low. Trustee, wkbtrt dsnmd rr Nomrwer. than oil the Proprty at paeoc auctiono the &*hot bidder at the flout <br />and pima, W d mi der rt anigin daiiplassd in The under of sale in mar err more Parcekt tmd its each alder M Trustto wry dOetrmi e' 'restore dry <br />pmillaae ask of /K or oa .maned ef.Ure fhspwty In P86W gm mmtlartat a ON time and pbue of any Previously ocheduled Oak. Ixedet or <br />Leda'Od"Wea sum pure, tee *►openly rri day sale. <br />tMes "wow of Payment of 1Yt price bid, Irmo or shalt deitrrr to the pureius,r Truster•'% deed conveyityt tee Property sold. The resin% in <br />tlte'lle se't "a V" for pr l fair t►Idease of The "no of the untesests took therehe. Iruster shall apply The pnKveds of the male in thr <br />L MtlewislP osdwr MI solo rmame k ceeu end e,Po nwo, of Tht sate, including, but not limited to. Trwtar's teal of ant mum teen <br />of terVmps mi,prim, re iumuddr m4wwo a tees and costs of utlr eriltaCt; 4ht to all sump secured ht this lkwol of 'Frost: and eel Ike sous,. it <br />My, to the owe" Or 0 wows k*Iloy eatttird the etso <br />it, vemawer'. KJO t fa kviwatste. Not . I I Is% I And t f1w t ends '_, i- c6t,41 w err sl ltic surn l 2a unit h+ an, [decd .rt 1 It, Bn! n,wci uhailf h: ,i <br />there 1411; ti, inav¢ airy rnmeedt Ila, in-gaitr r., ixn.der t a,o< :a tit, I o-, n. . "n dm ,�?,m1"�y a:.ur. tint, y ui. , c,, Ir• m. ..,u •,i i <br />firms °tae hbtirrre ties %a o! rt,e ! "r •t{.ar; ,',ItY silYtiI! Ii, Ihi, r «,wet . +Fair 1tt;d m IItI l rime ,r. .,, . s ;std Rtnr it. rnl 1) <br />1j,e,r.: ,o rote t lai P-rmi -.ruse rime i ea..t.c ,il± tw �Sio w� so- ,! t" ,rr .tits min Ihs, ;>' <br />-v; <br />r <br />