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<br />9. Coade..nadon. The proceeds of any award or claim for damages. direct or cc;msequential. in connection with any
<br />condemnation or.other taking of the Property. or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall. be paid to Lender,
<br />In the event of a total taking of the Property, the proceeds shall he applied to the sums secured by tbis Deed of Trust,
<br />with the excess, if any, paid to Borrower, In the event of a partial takins of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by tbis Deed of Trust such proportion of the p,oceeds
<br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid In Borrower,
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that lhe condemnor offers to make
<br />an awa.-u or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Propeny or to the sums secured by this Deed of Trust,
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds 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 of
<br />such installments,
<br />10,. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Deed of Trust granted by Lender to any Sllcct"-ssor in interest of Borrower shall not operate to release, in any manner.
<br />the liability of the original Borrower and Borrower's successors In Interest. Lender shall not be -required to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />11. FOI'balranc:e by Lender Not a Waiver. Any forbearance by Lende, in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />right 10 accelerate the maturity of the indebtedness secured by this Deed of Trust.
<br />12. Remedies CumuJative, All remedies provided in this Deed of Trust are distinct and cumulative to any other ,ight
<br />or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />sUC<:eS$ively,
<br />13. Su<<esson and Asoi&as Bound; Joint and Several Liability; Captions, The Lovenants and agreements herein
<br />~oilti.ined shall hind. and the rights hereunder shall inure 10. the respectlve succes..~rs and assigns of Lender and Borrower.
<br />subject to the provisions of paragraph 17 bereof. All ""venants and agreements of Borrower sball be joint and several.
<br />The captions and beadings of the paragraphs of this Deed of Trust are for convenience only and are not to be used to
<br />interpret or define the provisions hereof,
<br />14. Notke. Except for any notice reqUired under apphcable law to he given in another manner. t,a) any notice to
<br />Borrower provided for in this Deed of Trust shall he given r,y mailing such nlltice by certified mail addressed to Borrower at
<br />the Property Address or at such other address ilS Borrower may designate by notice to Lender as provided herein, and
<br />(b) any notice to Lender shall be given by certified mail, return receipt requested, to Lender's address stated herein or to
<br />such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this
<br />Deed of Trust sh&11 be deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />IS. Uniform DHd of Trust; Goyerning l..aw; ~"Rability. ThiS form of deed of trllst comf'\ines unifoml co\'enants for
<br />national use and non~uniform covenants with limited vanatlOns hy JUrisdICtion hJ ..:onstltute a uniform security instrument
<br />~overing real property. 'This Iked of Trust ~hall he governed Py the law of the JUflsdiction in which the Propert)' is located.
<br />In the event that any provision or clause of this D~ ot Tru5t or the Note t.'onfticls wtlh applicable law. such i..'onftict shall
<br />not affect o-lher provisions of th~s Deed of Trust or the Note WhlCh c.w he given etfect without the- c('IOtlicting provision.
<br />and to this end the provisions ot the Deed or Trust and the SOle are dedar~d to be se"'crable.
<br />16. Borrower's Copy. Borrower shail be lurnlshed a conlormed ,"'py "t the Note and of tbis Deed of Trust a( the time
<br />of execution or after recordation hereof.
<br />17. Tt1UDfer of the Property; Aasampdon.. If alll'f any pan of the Prtlperty t1f an interest therein is sold or transierred
<br />hy Borrower without Lender's prior written consent. e.\.duding I;)) the creattOn of a lien or encumbrance subordinate to
<br />this l.1eed of Trust. (b) the creation or a purchase money security interest tor household appliances. ,.;:} a transfer by devise.
<br />descent or by operation of law upon the death of a Jlllllt tenanl or I oj l the grant 0: any leasehold interest of three years or less
<br />not rontaining an option to purchase. Lender mOlY, at Lender's opllHn. declare all the sums secured by lhis Deed of Trust to be
<br />immediately due and payable. Lender shaH have waived- such option to accelerate if. prior to the sale or transfer. Lender
<br />and the person to whom the Propert)' is to be sold or transferred reach agreement In writing that the credit of such person
<br />IS satisfactory to Lender and that the interest payable \..1-0 the ~ums ~ured by this Deed of Trust shall be- at such rate as
<br />Lender shall request. If Lender has wal\'ed the option to ac,..terate pro",ded in this paragraph 17, and if Borrower's successor
<br />in interest has executed a written assumption agreement accepted in writing by Lender. lender shall release Borrower from
<br />all obligations under this Deed of Trust and the Note,
<br />If Lender exercises such option to ilCl:de-rate. lender shaH mall Borrower notice ot acceleration in accordance with
<br />paragraph 14 hereof. Such notice shall pro"lde a period "! not je... than .10 days irom the date the notice is mailed within
<br />which Borrower may pa)' the- sumi dee-Iared tlue. It Borrowc-r Luis 10 pay \uo:h sums prior 10 the expiration of such period,
<br />Lender may. without further notice or demand on Bom."""lwer. mV\.")Ke any remedn:s permiUed h)' paragraph IS hereof.
<br />NON.UNlfOIlM COVENANTS Borrower and Lemler turther covtnant and agree as tollows:
<br />Ill, A~c:elenodoa; RfllIflIies. Ex~.. provWed in P8f1IlP'8lIll 17 Iwftof. ........ 1Io<<o"fl"s brewb of any l'Ovell8Dt O'
<br />sa_at of ..........e' in t'" Deed of T...... iadoMtlaa the l'OU_ 10 pay wbe. due say' ...... _wed by tbis Deed
<br />of T..... LeIIdN prior 10 aeu&motioa sItaIl oaaiI _ice to ........er as .......i4ed ill .......pia 14 bereof spedfylRl; m the
<br />"'-clt: 1%) the aetietI reqlliM 10 ~1Ift """.. "'-clt: III a ~e. _ Ias I...... 30 days fIVm lhe dak the notke is mailed tn
<br />.......wer. by "lIid, soda iIfttkIl m.... be c.......: ...... C41 IIIaI fallllft 10 \'tile .IKh ........h on 01' before the dale speci6ed
<br />ill IIIe MIke may I'e5lIit i. attderatiH of lhe .._ _....... "y' tills Deed of T...... and sa1e oflbe Property, The IlOIke
<br />sItaIl fnrtiler lof_ ........... of lhe ....1 to ~ after a<<eleratioa aad '''e rIa"t to briatI a ~OUIt action 10 _It
<br />the ~ of a c1d.... 01' 8lI.Y otiler de'- uf ......_ 10 acceleratioa and sale. If the b.....,b is not c..red
<br />.... 01' W_ IIIe date opedilM in the 1IOllu. LeadH at LeadH's optioa may dedaft aD of I"e ""IRS _a," by' this Deed
<br />of Trwt 10 he u..c.Iiatdy t1. and PI\1ail1e ..itIlooot f.....iler ...... and may in,,*e tbe power of sa1e anti say other remedies
<br />,.,.,.....,.. by ~...... LeadH sItaIl .... flIlil1etI 10 cuiIed all ........... .- and npeDSeS IlK,,"" in pumliRl lhe
<br />I-"Ia provltletlla t_ pat1IInIfIII II.. 1eclatI1tIc. .. _ I1ta1ted to. ........... _y's fees.
<br />If doe power of sale is la"olI.etI. T_ sItaIl ......... a notke of tlefaWt in .adt couaty In "Web the Property 01' .om.
<br />jIIIlt tioereof Is loaItetIaM..... .... \'ApIes of .... notke ill the _ prncribetl by appikaIIIe 1_ to Borro_ and 10 tb.
<br />.......--.......... by ~ law. After Ille..... of sodI ti_ as may .... requiretI by appikaIIIe law, Trustee .ball
<br />the"'" aotiee of sale 10 doe ...- aM ill lhe -. prncribod by appIkabIe law, ~. without demand on
<br />........... .... ... doe ~ at poWk aooetioIt ... .... ........ bi4Idor at the tl8W and pac.. ...... under the t....... desiaaatecl
<br />.. .... IIMke ., sale ill _ .. _ pIlInk ..... ill ..... ...... as T_ may cietenBltoL T.- may posIpoae sale of all
<br />... M)' pIIftf of _Pwepetty ., poWk ,".. . .._ at the tJ.e aad pIac:e of any prevlous1y sclIed.... sale, bnder o.
<br />l.eIaIeI's........ ..., .--. the ~ at M)' sale.
<br />u,.. ...... of ..- ef doe ~ ..... T_ .... *Iher to the ptlrdoaset T_'. c1eetI .....nyl... the Property
<br />..... TlIe.... ill ... TnlUe'" ..... sIlaII he ....... fade e.__e of tbe ....11 of I.... _ ..... therrin, T.....ee
<br />........, IM..--.. ... sale .. ..... .......... 0l'IIer. 'al ... all ftMIIIIIIIIIe __ aad .xpNMS of the sale, lnd..dllll. bul
<br />............ r-", '-... _ _...... 112 of 1 ~ of the..- sale ~. ~ at_y's '- and ..... of
<br />~.......l M... _.....n .., ... ~ of T.-; .... Cd .... .~ If say. 10 the ~ .. ...- letall, etlllt~
<br />......
<br />.9. .......................... NOiI,".lhotand"" I~nder" "",..,luatWn 01 the ",n" ,,'Cured hv ,hI> Deed "I Tn".,
<br />~t sbalI bave the .. to bave: any pn~", bqun 1>" lender to enfotc" thi> Deed ." i'n"t J,.....'nlonued .1
<br /><mY ume pn<<to tho:...m- to Oa;uroll..) lite lift!> day hel<:>rc the sale 01 the Pr"",,"y p..nuallll\llhe ,,,,,.,,, I,f sal" ",'n"lm'd
<br />",thld_dofT... ,..ttilift\lfyol a,lIlla-hnfon:'RlI thi> n"ed of Tr.... If: ..Ibm"""r pOl'S I cnJer all ",n" ..hlch wo,.ld
<br />be 1"- due uIl4er t!M Deed of T""1. the N_ ond ..._ .""""RlI Futu", ,\d...",,'a, If .ny, h.t! nll ,<<""..,,,'n ""<llrr<"\!:
<br />(bJ IotfUWief ad'Ci ... ~ (").t M:Y Dtbet (t)~-.pb- Of ~nt~ .;~ 8ornJ.~' <:t\f1laillC'd HI lh" Ileal ,,-,t Tnht:
<br />tel ~ ~ ~ ~ C':,~ incufNd ~v t ~ anti Ttttat<<- m enfoK-mg the .."'\.W~n.nl\ and ....gr('('m\':t\h fll
<br />~ ~ m. t1\tt; Deed -t4 Tru&t .and in ~nfor':tnc tendef\....nd Tru'fff\. r("me~ht\ .\ I'h\'I~k-d tn p.ua8:'''rh j~
<br />~. ~~ bot JM)l t~ 'tl, ,......bte- an(w~',,- r~. .nd fdl 8t'Wf\~ lak~ ,,~h k'h,~n .~ 11.'1l\'k-r m4l\ f\''''\~~~\OiN,
<br />~t'I' ft)- ....... that ... lffm of t'" I~ "\,. tnn:.. I ("R.n', H"tl""t if1 tM Prnf'fjf-rt..- .;md 1t.\rH"\4--er"... ~-.~htl"th-~, h' p.'t\
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