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<br />4. C'andemnation. T'he proceeds of any award yr claim h±r damages, direct or consequential, in cvmrertion with any
<br />condemnation or other taking of the Property, or pare thereof, or for conveyance in lieu of condemnation, are heresy assigned
<br />and shall be paid to Lender.
<br />In-the event af_a iota( taking-of the Property, the proceeds shall he applied to Ise sums secured by this-Deed o6 Trust,
<br />with the-excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />attteiwise agree in writing, there shall be applied to tfie sums secured nv this Deed of Trust such proportion of the proceeds
<br />as is egnai.td that proportion wfiich the amount of the aunts xwred by this Deed of Trust immediately prior to the date-of
<br />laking.bearsip the fair market vatue of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Bonowcr. ,
<br />ff-fhe Property is abandoned by Borrower, or if, after native h}' i_ender to Borrower that the condemnor offers to make
<br />an award orsettle a claim for damages. Borrower fails-to-respond to Lender within 30 days after the. date such notice is
<br />mailed: Lender iz authorized to collect and apoiy the proceeds, at Lender's option, either to restoration or repair o€ -the
<br />Property ar to the sums secured by ibis Deed of Trust. - - -
<br />Untess l..ender and $orrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date of its; monthly installments referred tv in paragraphs I and 2 hereof or change the amount-of
<br />such installments.
<br />iii. Harrower Not Released. E,iterrsivn of the time (or payment or modification of amordxatian of the sums secured
<br />by this Deed of Trust granted by Lender to any successor in intemsi of Borrower shall not operate to release. in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. Lander shall not he required to commence
<br />proceedings against such successor yr refuse to extend time far pa}'mcni or otherwise mndify amonization of the sums
<br />secured by this Decd of Trust by reason of any JrmanJ made by the original Harrower and Borrower's successors in interest.
<br />11. Forbearnnee by Tinder Not a N'aicer. Any torbearanee by Lender in exercising an}' right or remedy hereunder, or
<br />otherwise afforded by applicable #aw. shall not be a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the paymrm of taxes or other liens ar charges by Lender shall not be a waiver of Lenders
<br />right to at:ceiwate the maturity of the indebtedness secured by this Deed of Trust_
<br />12. Remedies Cumulative. All remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of 'Trust or afforded by law oe eyuiry, and may he exercised concurrently, independently ar
<br />sacccssively.
<br />13. Succxxsors aced Assigns Bound; Jnint and Several Liahilit}•; Captions. The covenants and agreements herein
<br />contained shag hind, and the rights hereunder snail inure to, the respective successors and assigns of Lender and Borrower.
<br />svnject ro the provisions of paragraph 17 hereof. A!t covenants and agreements crf Borrower shall be joint and several.
<br />"The t~ptions and headings of the paragraphs of this llced v[ `Tom are ivr convenience only and are nut to he used to
<br />interpret ar deSne the provisions hereof.
<br />14. Nodes. Except for any notice reyarrd urzdrr applicable law to hr glues in another manner, (a# any notice tv
<br />Borrower provided for in this Deed of Trust shall be given by nntiling such notice h}' certified mail addressed to Borrower at
<br />the Property Address yr at such other address a=_ Borrower may Jesignam by nouce tv #"ender as provided herein, and
<br />(bj any notice to tinder shall be given by certified malt. return receipt requested. to Lender's aildress stated herein or to
<br />such other address as-Lender may designate by notice to Borrower as pmvideJ herein" .Any notice provided for in this
<br />Decd of Ttvst shall be deemed tv nave been given to Borrewcr nr Lender when given in the manner designated herein.
<br />15. Uniform Deed-of Trust; Governing Lau; Sererabilitr. T'hie form of clerd of tr+ist atmbines uniform covenants for
<br />national use and nonuniform covenants with limited vananons b} jurisdiction ro constitute a uniform security instrument
<br />vrovering real property. This Deed vi Trust shall b~ governed by the low vt the µtrisdietion lit which the Property is looated_
<br />Ln the event that any provision ar clause of this Dred u;' Trust yr the Vote conflicts with applicable law. such conflict shall
<br />not affect other provisions of this DreJ of Trust or the .\nte which can tic given effect without the conflicting provision.
<br />and to this cod the provisions nl the Decd vE 'trust unJ the Naec ;rtt declared tv be severtitle.
<br />16. BorrowePs Cup}-. Barrasver steal! Be tarni~.hed a santr,rmcd copy o! the Note and of this Deed of Trust' ut the time
<br />of execution or after trxordaNan hereof.
<br />17, Transfer of file Properlt; Assumption. #t at} yr au} part „t tnc Property or an interest therein is sold ur trans, reed
<br />by Borrower without Lenders poor wruten consent. e=,eluding i.ii the creation of a Gen i+r encumnrance suhordinatr tv
<br />this Deed of Ttvst, Ih} [he creation of a purchase stone} secunn• rrtrrest for household appliances, fc) .r transfer by devise.
<br />descant or by oup'atia_n of law upon the death of a Irtint tenant <+; _ ~ -
<br />Lrrzder mad, at Lender's vpiian, Jectare ai! the sums secured by this Decd of Trust to be
<br />immediately doe and payable, Lender >hali hate uarvrd suds opton to uecrterate if, prior to the sale or transter, Lertder
<br />and the prison to wham the Property is to tm sold ar vunsterreui reach agreernrn[ ut writing that the credit of such person
<br />is satisfactory to Linder and that the lute€est pa}sitlr art the soots se.urrd by this Deed of "Trust shall be at such rate as
<br />Lender shat) regttezt. if 1_euder has waived the stows to ::rcrlrratc provided in this paragraph l?, and if Borrower's successor
<br />in interest has executed 5 written assumption agrrc;ncnt accepted on writigy~y.~{~CUfahatF release Borrower fens
<br />all obligations under this Deed of Trust and the Note ~;Y~p •i
<br />if Lender exercises sucn aptiaa tv aceelreate. !ender shuU m t ~ Borfp t o~ C elg~,afion in accordance with
<br />paragraph 14 hereo[_ Such aorice shall provide n ~:rmJ ;v net las> than 3{r d';jj'~~ ~t~liN"~C'the ttYiiice is mailed within
<br />which Harrower may pay the sums dectareJ due. tt &arrowcr ta;ls tc+ Ira} such sums prior to the rspi ration of such period,
<br />Lender may, without farther notice or demand an Borrower, im~eAr unr tcmedics perrnittrd 6y paragraph [8 hereof.
<br />Pixut-liNiFOaM Covatunn rs. Borrower .end t."miler htriher cvvrn:utt and agree as ivl(vws:
<br />iS. Acrekratian: Remrtlits. tixcept as provided in paragraph i7 hereof, upon Borrowers breach of any roversant ar
<br />sgrrsment of 8orrawer in this Deed of Trust, including the rovrnnnts to pay when due any sums secured by this Deed
<br />of Trttsi. Lender prier to arcelerntian shaft mail notice to Barrauer as prarided in paragraph t4 hereof specifying: (1) the
<br />brcacb; (2j Ihr actin regidred to rare such breach; (3# a date, not less than all dapx from the dote the nofke is mailed to
<br />Berrotrex,_ lay which such breath mirW bt cured; and (9} that fattare to rare snch Wreath on or before the date specified
<br />In the tvttke may result in arrrkratian of the sums secured by this Dred of "I'rnst and sate of the Frapetty. The notice
<br />shat! farther inform Borrower of the right iv rcinslate after acetteration and the right to Wring a cour9 aMion in assert
<br />the aaa-existence of a default ur any other defense of Borrower to arceterafion and sale. If the bream is not cured
<br />none 6eigte the dtus specified in [he nWice, t.endrr at Finder's option may declare all of the sums secured by this Dred
<br />at TrmE to Ix immediately due and pa}ably wiibout further demand and tong invoke the power of sale and an}• other remedies
<br />ptrtaiitrd.by apptirablr law. ixtrder shall br entitled to rolieet all reasonable casts and expenses incurred in pursuing the
<br />remedes-prarided in Ibis paragraph 18, iacludittg, btri not limited tu, reasonable attorney's fees.
<br />tt the power of sale is invoked. Trustee shalt record a notice of default in each county in which the Praperty nr some
<br />pad themf is locattd and shalt maH copies of stern rtWkc ht the manner prescribed by applicable law to Borrower attd to the
<br />aher petsans prescribed by applicable taw. Attrr the lapse of such time ss may br required 6} npplicnbte talc, Trustee shall
<br />1~re paWk nofke of sale to fhe prrsens aed in the manner prescribed by applicable law, "Truster, without demand on
<br />Btrrzewer, shdt seH the Prapedy at pabiic-attei#oa !o the highest bidder at the time and plate and under the terttis desigiteted
<br />~ lire satire a[ oak in nor or mere parcels attd.ln sash order as Trustee may determine. Tntstee may postpone sate of all
<br />or.aay (areal of the Prepsrty by publk annoarrceutrot ai the time and place of any previously xheduled sale. Lender ar
<br />Legdu'a- tl~tsdgace rmty ptucttasr the Prrrltrrty at any sale.
<br />Upntt of ~yareaa of the purr aid. Trnstrs snag deliver to the purchaser Trus#er's deed conveyieg the Property
<br />stdd. TAa laa-Ibe Tna3er's dyed sha8 be prima facie esidenrs of the truth of the statements nude thxein. Trustee
<br />> '-t8e prart~ds of the sate la the felbw order; {{a) to all-reasonable casts and ezpettses of the rate, including, hat
<br />notHattatf>lea Tetatgels teen of aW mars thtrn l~ OF. 1 ~v of (be gross salt prier, rcaso»ahle attorney's fsm and costs of
<br />t#~iastld~el t6l Ealt~~as,sryarad'b'y-this Decd of Tiwi; and (c) Inc excess, if any, to the-ps[son ar persons Mgatly entitled
<br />IhtgaOl.
<br />i4, lia;twrrer`s-Right to Rrltutate. Notwunstanding isndet's accelrrativn ut the sums scxurcd by this Decd of Trust.
<br />BtarrosMSr stwit hart ihs right to Haut any pr<xrrdings begun by Lstedrr n? rtttarcc this T}ecd oi' Tntsi Jiscantimted at
<br />airy kith prJVr io tfta eadrrr to occur xtf iii the Tif[h stay before the sale atf ihr Prv;xatg Pursuant to tfie power of sale contained
<br />i#thaitysedsLTrtittar fiiSaniry ofd jtaSitrxtant enforaingthis [ScrJ af'L'rust if; (a} Borrower pays L.rndrr all atmts which wnufci
<br />ha then due unto in2s llrat# a 'T'rttst< the Nutt and ix~irs srccrr'mg Future Advaru;cs..f and, sad tta acaeiarativn oc:cuered:
<br />tl!l Btxrowwer cotes all brnarius of any other ravrnants tar agrccmx efts of Borrower contained nt thrs Ihed ttf 'Crust,
<br />tr} Horritwer pays all rvRst'ittaltlt esprnsaz inct+rresl n}' Len.#er and Feaster in since utg the v °oants and agrecmenu of
<br />Bo~rrxam-fir cr»rdirisd-tn ibex [3erst ctt Trtt?t :ltd 4n rniorcing l endkr acrd Trtt tee's rvzms'ches ss ,,n;rv-dcJ rtt paragraph t?,'
<br />MHs~+,'s!. tera:kndittg, l>3ririiu limi}~d its. tca~ah#L attc+ras~}~ c f~s~ sad {J? tkxrawee t,ikws -su:h ac'trtau ae F_cnder t*taY rea~?n:thlt
<br />tteldtirC #o axaurs #htat tiuE hen of t'ts Dead t,t 1"ra-+t. L _at:tt:r•v irrtrrcat in the Its+}facto s.nct tint;.,a rs ?hligatie+n h- gac°
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