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<br />by tllis Deed of Tl1I$t immediately prior to the date of takll1& bears 10 the fair market value of the Property immediately prior 10 the date of
<br />takin&, with the beIaIIce of the proceeds paid 10 Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender 10 Borrower that the c:ondemnor offers to make an award or settJe a
<br />claim for damata, Borrower fails to respond to Lender witllin 30 days after the date such notice is mailed, Lender is authorized to coHcc:tand
<br />apply the proc:eeds, at Lender's option, either to restoration or repair of the Property or to the sums secured by this Deed of Tl1I$t.
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<br />r date~;::=~====- ~~~::o~=~=:==n:atend or postpemeth04a
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<br />18. Bctmtww Not...... ExtellSion of the time for payment or modification of amortization of tllc SUftI$ secured bytllis ~ Of1:'AJat
<br />&flIIIUld by Lender to any s_ in interest of Borrower shall not operate to release, in any manner, the hbllity ,of the oriIiaAIBORow.-
<br />Borrower's sum:uors in interest. Lender sbaII not be mjuired to c:ommence procecdinas apinst such ~orrefWlet() ...... .....,
<br />payment or odterwise modify IIIIlOftizatlon of the sums secured by this Deed of 1'n1st by reason of any dcmaad ma<ie by the ~"
<br />and Borrower's 5UCCCIIIOI'S in interest.
<br />II. redt..._1tJ ....... Nota WlIher. Any forbearance by Lender in exercising any riaht or remedy hereuader'. orotllcrwillit~
<br />by appIialbie law, sbaII not be.a waiver of or 1>''IlCIude the exercise of any such right or remedy. The procurement of insus'tuice or the P8ymc11lt' Of
<br />taxes or other liens or cbarJes by Lender sbaII not be a waiver of Lender's richt to accelerate the maturity of the indebtedness sec:ured by dIis
<br />Deed of Trust.
<br />12. ...... c...Iadft. All remedies provided in this Deed of Trust are distinct and cumulative to any other riaht or remect/llDdcr this
<br />Deed of Trust or afforded by law or equity, and may be exercised concurrently. indepenclently or successively.
<br />13. S-'" AIIIpI......: JMt ... SnerII LI8INIIIy: CaptioM. The covenants and qreements herein contained sbaII biad. and
<br />the rights hereunder shall inure to, the respective successors and IUSigns of Lender and Borrower, subject to the provisions of parasrapIll7
<br />hereof. All covenant5 and qreements of Borrower shall be joint and several. The captions and headil1&s of the parqrapbs of this Deed of Trust
<br />lIl'e for convenience only and are not to be used to interpret or define the provisions hereof.
<br />14. Nodce. ExQCpt for any notice required under applil:able law to be given in another manner. (a) any notice to Borrower provi4od for ia
<br />this Deed of Trust shall be Biven by mailil1& such notice by certified mail addressed to Borrower at the Propeny Address or at such other addRss
<br />as Borrower may desipate by notice to Lender as provided herein. and (b) any notice to Lender shall be given by certified mail, rctUm rceeipt
<br />requested. to Lender's address stated herein or to such other address as lender may designate by notice to Borrower as provided hen:iA. JIuIy
<br />notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner desipated hcnia.
<br />15. Umr- DeeileI TnIt; GoftndIIc La,,; SeftnIIIIIty. This form of deed of trust combines uniform covenants for oationaIuse and
<br />11Oft-: ~form rovenants with limited variations by jurisdiction 10 constitute a uniform security instrument coveriq real property. This Deed of
<br />Trust shall be JOVCfued by the law of the jurisdietion in wllich the Propeny is located. In the event that any provision or clause of dIis Deed of
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<br />given effe.."t without the confIictina provision, and to this end the provisions of the Deed of Trust and the Note are declared to be severable.
<br />t6. Bctmtww's Cott7. Borrower shall be furnished a conformed copy of the Note and of tllis Deed of Trust at the time of execution or
<br />after recordation hereof.
<br />17. T......... at... Property; ...._..ll... If all or any part of the Property or an interest therein is sold or trllll5ferred by Borrower
<br />without Lender's prior written consent. excludil1& (a) the creation of a lien or encumbrance subordinate to this Deed of Trust. (b) the creation of
<br />a purchue money security inter.. for IIousehokI appliances. (c) a Irllll5fer by devise. descent or by operation of law upon the death of a joint
<br />tenant or (d) the grant of any Jeuchok1 interest of three years or less not containil1& an option to purchase, Lender may, at Lender's option.
<br />declare all the sums secured by this Deed of Trust to be immedialely due and payable. lender shall have waived such option to accdcrate if.
<br />prior to the sale or transfer. Lender and the person to whom the ProperlY is to be sold or Iransferred reach agreement in writiq that the credit of
<br />sucll penon is satiafaetory to Lender and that the interest payable on the sums s<<ured by this Deed of Trust shall be at such rate lIS Lender shall
<br />request. If lender hlU waived the option to accelerate provided in [his parqraph 17, and if Borrower's successor in interest has C\ccuted Ii
<br />wriuCll UlIumption qreement lICCCpIed in wriling by Lender, Lender shall release Borrower from all obligations under this Deed of Trust and
<br />the Note,
<br />H Lender CllerciKs such option to accelerate. Lender shall mail Borrower notice of acceleration in accordance with paraaraph 14 hereof.
<br />SuclI notic;e shall provide a period cf 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 10 the expiration of such period. Lender may, without further notice or demand on Borrower.
<br />invoke any remedies permitted by parqraph 18 hereof.
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<br />NON-UNIFORM COVENANTS. Borrower and lender further coven anI and apc>: w. follows:
<br />II. """'-ad.;...... E.utpt III II"IYIcIed In ~ 17 IIereof. upon Donoww'. bn8dII of any ~Y_t or lII-t of
<br />IIIoneww In .... DeeiI of T....,1ndndIna the (O~ to pay wJln due any _lI<<lIf'tcIlly tlds Deed of 'r..... Len4er prier to acceIN1Idoe
<br />sW I11III ... to BtImIww . ptOYIded III ,.,..,.... 14 1IeneI1ptdfyIq: (II t_ !mndI. fl) t_ KtklII ~ to tllft such !mndI; (3) .
<br />... ... ... ..... 3t...,. fNu ... .. eI IMItIa IIIB11i1ed eo Donowft', by whldt such !mndI RUt _ cunei; ancl (4) tlltlt failure to _ MIdt
<br />~................ ........111...... _y nHIt IIIl1C<<lentIoa of t_ _lI<<lIf'tcIltJ... Deed eI Tl'lIIt alIlI_ of t_ Piupet1y.
<br />Tlltl .... sW flIrdIIr l1li_ BtImIww eI the riPt to I'IilIItate after ~ UlI ... riPt to INinI a eoun acdoe to .-t t_ __
<br />...... eI.IIIIIalIIIt....,........ of Ionower to aectlefllltoll UlI_. If the !mndI1s ... cunei 08 or WOrt die date spedflc4ll1t_
<br />lIIItIa, ...... lit ......'. __ _y tIedart all of die M1l11l1l1<<l1f'tc1 by t!ltlll.... of Tnm to bt IIII~ldy tift aad PlIY~ witlloat fllrdm
<br />....... UlI .., __ ... ...... of _ alIlIllllY otIIer reIIINIes permttte4llly IIptIIkalIte law, IA1KIw..... bt ..tided to coIIecl all .-ana"
<br />....UlIn...-Illai:'lMIn...........relllNlesptOYldedln t!ltll(llU'll8ratt/1ll.lndncItoa. bntlMlI hmtte4lto. _ble aUOf1My's f_,
<br />If .. ...... of _ 1I11m1Md, TrllItM lIIaIl-.l a II9Ike .f .,nIt in nelt cOlIaly III wblelt tbt Pmpeny Of _ perl tllereor hi kmlte41
<br />_ sWlIIaIl ~ of .... ...In ... __ pnHrllled by IIptIIkalIte law 10 1omI_ ancl to t_ other ~ pnHrtlmllly II$IIlIk8ble
<br />law. ""-......... of........ II iMJ 1M ~ ItJ IIptIIkalIte law. ,,.... sW she (IlIIJIIe IIOlke of _ 101M pefHltllanclllltIM__
<br />..._~ iii)' ........_. TrllItM............... CHllIemt_,......... tIM Pmpen,. at (IlIIJIIe lOuedoe 10 tlM ~ ltI4tIet at the U-
<br />_.... UlI......... __ du....t..1II die lIIIlIia of _ .. _ Of _~ ~ aIMS I. _II onIft' .. TI'lIIIft' lllaY determlM. ...,.... lllaY
<br />~ _ ., all ... or para! of die ~ 1lJ ~ __t 101 tlM tl_ ancl plan! of any tH'nk>l.tllly ""lMtIuW _. blllhr.r
<br />~.lIMplIf..,........1'npet1J M .,..,
<br />U\IIH ~ eI..,....,....! ....llMI. TI'lt5M ..... ~\'tr 10 tM IllIrrltlltf 1'~'. 4eeII fOlltc,1ntt t_ PI'OJIt'I1Y AlIkI.11M m'11lI" In
<br />*' JrllItM....... sW _ pt'iIIIIt ffile ~1e of .... 11mb of tlM ItlI~1I1lI1IIade t~. T~ .!WI ...., elM proc.~ of 1M ..Ie IlItM
<br />~"'1 fa) to all r._II!IIIIl~ _ alIlI.~ of 11M M, IK~, bntll&l Ullllmllo. T...t~'1 '_,&f II&l _11g.. ,\ Ili\,
<br />of ...II"1II-...., IUlln"lf ~'I t. UlI ',,",13 of IUM n~; \lH 10 sIt..._ _untllly 1!ItlIlmtI ofhmt; elMS lrl 1M Ul'_. If
<br />.,.14>>.....-...~ IiIIaI7 ~ t~.
<br />t9. ~'.......M~. Not\1,ath-sotandtna I.ender's au.ek'liIIOIl o1l:he 'lnl):, '(~Uffi.1 bv thi\ llN'd nt T,\I...I, Unltll"t'l' ~~HlII ha\('
<br />~_ fD3bt to M\1t 8Ity Pfot~Ut18 bcttu" hy Lender 10 ('nf(}1{,~C' this I~d OfifH".l ,1l'it'lf1tHllU:d IItI al1" IlllH~ I'thJI l~) lhe ['.trlte! \I. '~.l.'\H ,~t (i} tht'
<br />nfth .l befor€! 1.M ~ uf the P'ot~ft)l (lUUu3nl to tnCl POWC'f of 'U1ttt~ I'UillltllH,.d III lhtli J ~tJ tlf hU:'i1 tH U,) ell'/n 01 ~'!I ,IhJl!lllH:UI ('nh~IUllfl. Ih,\
<br />(~of htMlll ~~: (is) la?ff()WJlW pt\)l'il L<<'~-f 1111 ~UtUI$ Whlli.'h would tl1!: then .lllt, l;tldr.-r lhl\ net~d III (1\1'0:, lilt' Nnlt' <'10;1 n'_lft'.. "{''-\!lH1.~ hH\lH
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