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<br />9. Condemnation. The proceeds of any award or claim tor damages. direct or consequential. in connection with any
<br />condemnation or other taking of the Property. or parI thereof. or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender, .
<br />In the event of " total taking of the Propert)', the proceeds shall he applied to the sums secured b)' thIS Deed of Trust,
<br />with the exce... if any, paid to Borrower. In the event of a partial taking of the Property. unless Borrower and lende,
<br />otherwise agree in writing, there shall be applied to the sums secured by this Deed of Trust such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immediately prio, 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 to Borrower,
<br />If the 'Property is ahandoned b)' Borrower. or if, after notice by lender to Borrower that the condemnor offers to make
<br />an award or setite a claim for damages. Borrower fails to n.."Spond to Lender wifhin 30 days after the date such notke is
<br />mailed, Lender is authorized to collect and apply the proceeds, at Lender's option, either to resto,ation or repair of the
<br />Property 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 1 and 2 hereof or change the amount of
<br />such installments.
<br />10. Borrower Not R~eased. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Deed of Trust granted by Lender 10 any \uccess.or in interes.t of Borrower shall not operate to rele~e. in any manner.
<br />the liability of the original Borrower and Bt)rrower's successors to interest. Lender shall not be -reqUIred to commence
<br />proceedings against such succes..o;;or or rduse 10 extend time for payme.nt or otherwise modify <Jmortization of the sums
<br />securc:d by (his Deed of Trust by reason of any demand made by the original ~orrower and Borrower's successors in interest.
<br />J 1. Forbearance by Lender Not a Waiver. Any forbc-arance by Lender !O exercising any Tight or remedy hereunder. or
<br />otherwise afforded by applicable taw, shall not he a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of msurance or the payment of taxes or other liens ('1r charges by Lender shaH not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness. se,ured hy this Deed of Trust.
<br />] 2. Re.mrd~ Cumulative-. All remedies provided in thiS Deed of Tmst are distlllet and cumulalive to any other right
<br />or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />successively.
<br />13. SUCCe550fS and Assigns Bound; Joint and ~,.eral lJability; Captions. The covenants and agreements herein
<br />contained shall bind. and the rights hereunder shaH inure to. the respectiYc successors and assigns of Lender and Borrower.
<br />subject to the provisio~ of' paragraph i 7 hereof. All coven~nts and agreements of Borrower shall be joint and several.
<br />The captions and headmgs of the paragraphs of thiS Deed ot Trust are for convenIence only and are not to be used to
<br />interpret or define lhe provisions hereof.
<br />14-. Notke. Except for any notice reqmred under applicable iaw to be given in another manner. (a) any notice to
<br />Borrower p,ovided for in this Deed of Trust shall be gIVen b)' mailing such notice by certified mail addressed to Borrower at
<br />lhe Property Addras or at such other address as 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 hereio. Any notice proVIded for in this
<br />Deed of Trust shaH be deemed to have been given 10 Borrower or Lender when given in the manner designated herein.
<br />IS. (Jnifonn l>eed_ of Trus<<; Goyrrni... law; Sc-~'el'1lbHity. This f?rm {.)f deed of trust combines uniform covenants for
<br />national use and non.umform covenanlS With limited variations by lunsdictlon h) constitute a uniform security instrument
<br />covering real property, This Deed of TruM shall he governed by the law of the jurisdiction in which the Property is located,
<br />In the e.....nt th..t any provision or clause of thIS Deed of Trust or the NOle conflicts w,th applicable law, such conftict shall
<br />not affect other provisions of this Deed of Trust or the Note which l.an be given effect without the conflicting provision.
<br />.nd to thio end Iheprovisions 01 the Deed of Trust and the Note are declared 10 he severable,
<br />16. BorroWff'S Copy. Borrower s.halt he turOlshed a l;onformed copy of the Note and of this Deed of Trust al the time
<br />of execution or after recordation hereof.
<br />17. T......er of the f'nltoaty: A_mplion. If all or any part of the ProperlY or an interest therein is sold or lransferred
<br />hy Born::rwer without Lender's prior written consent. t:xcludlOg t ~) the creation of a lien or encumbrance subordinate to
<br />.his Deed of Trust. \ b) the creation of a purchase money security mlerat for household appliances, l c) a transfer by devise,
<br />descent or by operation of taw upon the death of a )OInt tenant or .t d) the gram of any leasehold interest of three years or Jess
<br />not containing an Option 10 purchase. Lender may. at Lendt:r'~ option. declare aii the sums secured by this Deed of Trust to be
<br />Immediately due :md pa)'able. Lender shaH ha\'c waived such .option to accelerate if. prior to the sale or transfer, lender
<br />and lhe: peDOn lO whom Jhe Property is to be sold or tran~ferred reach agreement In writing that the credit of such person
<br />" satisfaClory to lender and that lhe IDlerest payable on the sums """ured hy this Deed of Trust shall be at such rate as
<br />lender shaH request. If Lender has waived the option 10 accei-erale provided in this paragraph 17. and if Borrower's successor
<br />in interest ha$ executed a w(ltten assumption agreement aCl--cpted to wnting oy Lender. lender shall release Borrower from
<br />all obligations under this Deed of Trust and the Note,
<br />If Lender exercises such option (0 aL-ceJeralC'. l.endc-r \hail m.ul 8orrower notice of acceleration in accordance with
<br />paragraph 14 hereaL Such nobce shall provide a penod of not Ie", than .10 days from the date Ihe notice is mailed within
<br />wh.ch Borrower may pay lhe sunu dedart'd due:. If Borrower fall-s 10 pay such sums prior to the expiration of such period.
<br />Lender may, wuhout furthet notice or dem..nd on Borrower, invoke any remedies pe,milled by paragraph 18 hereof.
<br />NON-UNIFORM COVENANTS, Borrower and Lender further coven..nt and agree as follows:
<br />18. A<<eleraIioa; R~ Except.. pnlrideoI in paraanpb t7 hereof, upon ..........u's \nuda of IIl1Y co...nut or
<br />.-.at of ..........er in tblI I>H4 01 1'nIOl. IndatIlna lhe <oye_ to pay wilen due any ........ secund by thla Deed
<br />of T..... Leader prior 10 aeceIeradoII1duIIl ..... ~ 10 ......... .. .....ide4 In ,.....,.. 14 hereof .peeHylllc' (I) the
<br />Ilnoodo; IZ) doe action ""lIInd 10 Clift such \nuda: l31 a "'e, _ _ IIwa 30 days f..... lhe "'e the notice Is maiIflI to
<br />___eo, by wille" ...... breado _ be <lInlI; ..... 141 lluot laIIwe 10 cure .....h bI'HdI OIl or before the dale sped6ed
<br />I" tile .rIA may reMIIl In accderalien of the ..._ _....... by I'" I>H4 of TrtIIIC and .. of the I'ropmy. ne notice
<br />oW fu_ Iaf_ ............ of lhe ...... 10 reiMtllft after 1Ittden.... and the right In tJrialt . coult action 10 _It
<br />the ~ of .. Mfallll or ..y nther ole'- of ............ to ~ ......... If the \nuda is nol <.red
<br />011 or bel..... lhe daM lipKlIeoI in the -rice. LetooIer at l.aadu', oplioR _y dftWe aD of the ..._ secund by Ihll I>H4
<br />of T_ to he ~Iy ... ..... ...yabIe wilMut futtMr ...... ..... _y Iny....e the po...... of .. ..... ..y oIhu remedies
<br />,........,.. by ..,.,ur.w. Ia.., LetooIer oW he ....... to eoIIed aD -....we c-. ..... ..,..- illallftd In P.......... the
<br />~ pnlrideoIln thII............ 18. lacIootIInc. ..... ... IinIlktI to, r--"ie __y', fees.
<br />If the ........ of .. Is Iavolr.M, T.- ..... .......... . .-ice of del.1IIt in -" <0UIIIy in ..Itlch the Propmy or _
<br />..... tbencIt is ""MH1 _ ...... .... nIfIea of ..... ....... lathe __ preKriIIed ., ......... law to Berro...r and 10 lhe
<br />oIW _ preKriIIed ., ~ law, A..... the \apR of ..... tl_ .. .., be ~ \oy appIicalote law, T_ mau
<br />aM ...... ~ of .. to the ..- ... In lhe _ ,......_ by .....icUIe I..., T_, wlthoul de-.l on
<br />a.-r, ...... tell the .........,. at ....... ...... to the Jol&Mst bidder at tile tl_ ..... piaee and under the terma ~ed
<br />lathe Aatielt of .. \a _ er _ ...... _ la ..... ...... .. T_ may'--' T_ may poatpone .. of aD
<br />.... l1li,)' ,.....t of the ......., ., ...... u.. tM_at at the 1_ .... place of any prnlooosly sclwdllleol.... Loder or
<br />l.eMet'a ..........., ........... 1M PnIpmy at ..., ..,
<br />L'- -... of \lIl7- of the "'" ..... T_..... deliver 10 the ~ T_'s _ conwylna lite Pnopmy
<br />..... i1oe....... Ie the T_'s .... ..... be ....... facio e~ of the InII" of the _ ..... lherein. T_
<br />......., 1lIe",-", of tile .. III .he.......... ....... la) 10 .. n-we ... _ upeM8 of the sale. lndudllll, but
<br />......... ...1'_'s r- of ... _ \toM 3!,; of 1 "" of the ..... .. "'", r~ at_y'o '- ..... co&1s of
<br />....~... to.. _ ___ ., IItIa OeM of TrtlllCl ..... 1<1 the urea. if uy, 10 the ""noD nr ......... IqaIly "tllled
<br />........
<br />... ...--............... Natw.llmandlnt tender', ac,-elefal_ 01 the sum. secured hy Ihls Deed of Tmst,
<br />~r ..., "-"" lhe 'iahl 10 h..w ..ny proceedi.... he,l"" by lender 10 enf<>= Ihis Deed of Tn..l ,hsC'Ollllnued ..I
<br />any t_.......1o lhe ea,I...IO Dealr of\tllhe MIlt day hef_lhe...1e of the Propet1y punuant I" lhe powt'f of ...Ie <<,..t.....ed
<br />in tMo Dto:dol'trtIIIC Of hdcntty of . jttdptcltl ent''''''''allm Deed 01 Tn... 11.(..1 B~r pays tender alloum. wh.lch would
<br />ba:.... .. ....... llw. Deed uI Tnt"'. I"" Note and _ _....... Future i\<tv.......... if any, had no ac\.-ele'atlOfl ",-'Cuned:
<br />~ __ ""e> all ItttIadta 0' any other cOV'Cnant. or "1I,..,_nt. "r Bar......." n>nlain<!d III thi. Oced "( Trust:
<br />I~) anr.- ~ alll'1!"-___ n.-- .......red by t"ndor and Truslee ill ~llf"",,~ the <,<wenant, .nd .,......,.,nu llf
<br />eon- e_1Md 1ft ,1m """ of 1'1_ ami ... ...,""'.... I......... .nd nmtee', '~med... .. "">VIded .n par.,r."h I R
<br />~, ~, -t-:ut ft(:Ji( h~ _tu, ..MOna.... ..tClffte"'~ f~: .-I'\d ~dl -80ntl~f_.tllkft '\lk:'h 1(.'11(\" at. I_t"l'"Kkr ":,a)' fCllt'l)f\ilbly
<br />'....R lQ~. In.f the: h~n 111 this [)reed ot Tn.."., 1 Codr.';T' It\t-~~t 1ft t~ PH~pn1V and Ih.Hw.\"'''t', i~'.aU(ln Iv 1'.\.....
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