<br />~~'°~"tJ0046.3
<br />9. ('omirmnation. `I Le !~, ,,.ced> „f :my .Heard ,+, claim h,r damage. d,reet ar ronscquential, in connuetion with anv
<br />candemnatran or other tnkutg of the Pmlwrty, or part thereof, or Cor conveyance in lieu of Condemnation, are hereby assigned
<br />and shall trc paid to Lcndcr. -
<br />!n tftc event of a total caking of the Property, the proceeds shat) be applied to the-sums secured by this Deed of Trust.
<br />with the execs, if any, pt,id to torrowtr. in the twtnt of a partial taking of the Property,- unless Borrower anal- Lender.
<br />otherwise agree in writing, than shall bt applied to the sums secured by this Deed af-Titrsi such proportion of the- pt'm:eeda
<br />:ts is eyuaf 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 ttf the P-raperty immediately prior to the date of taking; with the balanee_o€ the-proceeds-
<br />paid to.Borrower. - - -
<br />If the Property is abandoned by Rarniwer, or if, after notice by Lender to Borrower that the condemnor offers tti.maka°
<br />an award or settle a claim Cor damages, Harrower fails to respond to Lender within 30 days after-the date suck-notice" is-
<br />mailed. Lcndcr is authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair`:of-iht
<br />Property ar to the sums secured by this Deed of Tntst. - -
<br />lJnless Lender and Borrower athtnvise agree in writing, any wch application of proceeds m principal shall not extend
<br />or postpone the duo dmc of the month(} installments referred to li paragraphs 1 and 2 hereof ar-change the amount. of
<br />wch installments.
<br />iQ. Borrower \at Released. Esmn.iou +,! the time far payment nr modification of amortization of thesums secured -
<br />i,y Chi, 7)ced of 9'nr,t gr:mted tap Candor u, any ^.ucccssor m interest of Bornswtr shall not a}xrate to release, in any manner,
<br />she liability ai the original Horrowcr and Borrower's successor, in ineerest. 1_cndtr shall not be required to commence
<br />nroctedings against such succesusr ar retme to extent time for papmtut or otherwise nradify amortization aC the sums
<br />secured by tha Deed of Tl'ust by reason of :wry demand nraJ,: by the original Horrowcr and Borrower's successors in interest.
<br />1 i. Fanc~uranet by fender \ot a 1Vais cr. :1n}' Inrl?earance by (..ender m esercisiag any right or remedy hereunder, or
<br />otherwise :uCr¢Jed Uy appl:cablt taw. >hall m,t he ;: +vniver of ar preclude the cxercist of any such right ar remedy.
<br />"t-hc prtx.ure nsent o[ insurance r.r the payment of taxes or other 3icns ar Charges by Lender shall not be a waiver of fenders
<br />right to acethcate the n:aturi R' ref the mdcbtedntss ,ecureJ by this Deed of Trust.
<br />t3 : rmrdies fumulatfvr. -i tt r;medics arnv~.ird ire this DrcJ nt Tnitt am disunct and cumulative to any other right
<br />... .en:ed~~ wade. *.h ~ D.Vtd ... "frus. _.. atfordeJ ~,.._.. . , tyu _ ...._ .. .,~ .......cis ~ ..~..~.: star+t° ... 'ependc: sly - .
<br />wCCtsSiF'rly.
<br />i3. Succrxsors and .issigns BrrrruJ; Jninl and Several t.iabllifv; t,'aptimrs. Cl,c .-ovenants and agrttntents 6eeein
<br />cnm~ aed shsif hint, rd the ; urd::- . all - - .. , :ha ,,n,.. t:ve :,u. c>sorr s.d asstgtt rider arm P,orrowe•.
<br />subjca"t to the provisions at paragraph `!7 hrr.•ot. ;tli~ca. er.;ut~c..:a .rgrecmtnts of •Rarrower ~shalhhe ioint and several.
<br />llec captions and headings of the parugraph> ref taus llced of 'I trot ~,re for convamrm-r onlc and are not to be used to
<br />interpret or dtt3ne the provisions hereof.
<br />14. Kotler. fisecpt for grey nat~.r rtyuucd wader apphc ahtc i., sc to he given to anotire_r manger, (a) any notice ro
<br />Borrowtr provided for m this UtcJ o(7 rust shat! he >?iven by maihne ouch ncticc i,y eertit3tJ moil addressed to Borrower at
<br />the Property Address or at such other ndc!ress :n Born>w'ct ;nay des,gn:nr Icy notice to Linder as provided herein, and
<br />th) any ncticc to Lender shall he gven by certified +: t:eJ, return receipt recpte>ted, to i.ander's address stated herein or to
<br />+wch other address as Lender :nap dastgnate try !tm.cc to Harrower as provtderf herein. Any notice provided for in this
<br />Used of Trust shall be deemed +a hose hcc^ grvcu to Br,rreuer or I coder :whew prve^ in the manner designated herein.
<br />i5. Uniform Deed of 'IYust: Governfnft t aw; tit, erabilih. C!,n tarn: ,•f dace( of tru>t combines uniform covenants far
<br />aatimtaf use ancf non-uuNUrm aovenanb wuh Innnrd =:u cr u,~::= h, ,urnJlctian ut Constitute a uniform security ]nstumenl
<br />covering real lxoprrtv This i) d i Ten t t ' 1 ;, , - I bs h - c-rw at t t t .dtc Iron ut ,chrch the Pru party is loeated_
<br />to the event chat an} prair,a:on + r a,.cne . I > . )cod . ~ 1 ntst , - Chi `,+ve . n4 .o with appbcnhle taw, such conflict shall
<br />rot affect other Provisions ci this f)c.d of i r„e .•r dt ~„te wit i.:h ~.tn Ce anon rffeat without the conflicting pmvivson.
<br />nod to this end the provisions ,tt the Utc.l .~; ';~: u,+. and the ~otc re ;ltciarr.! t.. t>t stvertbb~.
<br />16. Borrower's Gopy. Borrow-er si:aii i,e ;cirm~hr~ ., .,,r,<: ru,_,.! ..,pc „t the Note :utJ oC phis Dtrd of 'Trust ar the time
<br />of txtcutinn er sfttr recarda[ian hertot
<br />1T. Transfer of the Properly; Assumption. ii sic ,•r en; p.r r! ~~=. !hc Pr„nc~i+ .,r an into sett therm: rs Held ar transferred
<br />by Borrower without Lender's {:nor wr.tten c+~u,cnt .: ,.ludnre .. ! the ,-mernr,, ~ t :r !.en ,+r encumbrance subordinate to
<br />Chu DeeJ of Trust. ±hl the crcat,oa of a pumps„c uxn:ci sec::: r:r. ,nterst for I;nu~cholJ appltanucs, ic; a tea nslcr by devise,
<br />descent or 6r opcratian of law s o .:he dc-str t a ., t r. , ~tn a. ~ _ ~ - .
<br />! rode ... ,t t ndu , ,tpu -n, dtc!are .=1! the arms secured h.. this Deed of 'tYust to tx
<br />,mmediately due and p;,vxbie. Ltndtr ,b;dl ie.,'.v ~...: u~d .ugh .=oir,n, r,, ,ceclc~r,+±.: rt, f~nar !.+ th,- s,dr ur unnsicr, fender
<br />and the parson t,a whom the I'r.,pr; n• i.; s,: ne >cdJ r tramtracd mach .:grecmrnt .:? writing that the Credit of such person
<br />,s satisfectery to ! enter amd Chao the !aterc>t pea^ic uu tnc ,,.rn„ .ccurc+t b~, th~> heed „! i rust shalt be at such raft as
<br />I_endtr shah reyuest. if t ender iris °h:u,eu the ,sauna io ~rcclcr.etc pr;~ndeJ :rs th:c p;t ra era ph !?. ;rod if Elarmwer'n successor
<br />to interest has txtcuteJ ~ ~.nattn _uaurn}:e,on agrectncm ~etcpted .:, :+:nme !~~, ! :rc!e;. Lender shall release burrower Cram
<br />all ohtigaUitirti ;ntder thrs Decd of Trttsr .,nJ the trtc.
<br />li Lender extrcaes wch optioat to acaeitr:rte- (cttJtr soli •~aatl Rruro++cr ;;nncc of acceleration rn accordance .with
<br />paragraph 41 hereo[. loch notice +haif per?,°idt -, period ,~t :r,.rt ~e,- than ~+ ;a+s from fbe ante fht notion is mailed within
<br />which Harrower rnav pay the sums deaiatcd clue. It Herz cower 3_,:7s rc= p:,+ ,nth xun.t prusr tat the rspiratiun of such ptrind,
<br />Lender may', without further natict or dcmamt +,n Hot rowee- :~r:~t.a any ;crned,a permuted h}' paragraph i$ hereof.
<br />Note-lJNrtoa n+ Covennr rs Horrtewer an:i Lcndcr lunhur co;en.:nt .end ague as tuitows:
<br />Ill. Accrleratfun; Remedies. E:xctpt as pro+ided in paragraph 11 herroE, upon Borrower's breach of any covenant or
<br />agreeroeM of Borrower in this Deed of 'f"rust, including the cusrnants ro pay w-hen due any sums secured by this Deed
<br />of Trust, (.ender prior to uccekratian shall atoll aoiicc to Barrowrr as prarided in paragraph 14 hereof specifying: I1) the
<br />beeacMt f2} the action requfrrd ro cute such breach; 13) a date, not less than 3f) days From the date the notice is mailed to
<br />Borrower, 4y wktch such breach must tx cured; and Ill Choi fadurr ur tort such breach on nr before the date specified
<br />in the noike may result to aa'eleration of the soars soured by this Deed aF Trust and sale of the Property. 7'he notice
<br />sbaH fgrther igform Borrower of the right to reinstate after acexicration and the right to bring u court action to assert
<br />the rtgn-etJslttaee of a default ar any ether JeFenst of Borrower to acceleration artd sale. ff the Greach is not cured
<br />ern w before fbe date specified in the notice, i.ender at Lender's option may declass ail of the sums srrured by this Decd
<br />e3 Trent to be immediately dce and payable without Further drmami and may invoke the power of salt and am other remedies
<br />petmltted by applicable law. Lender shah he rutiiled to coiled aH reasonable costs and expenses incurred in pursuing the
<br />rrrgedies provided in this paragraph I8, inrlodfng, but rim iimifed ta, reasonable atiornry's fees.
<br />if the power of sak is im~oked, Trustee shalt record a notice of default in each county in which (fie Property or some
<br />part thereof is loealed gad shall maB copier of such norite in the ntamrer preserihed 6r applicable law to Harrower and in the
<br />other pratsvns prescribed by appNcable Iaw_ After the iapsr of stub time as may ire required by appifeabie caw, Truster shat)
<br />give puhNe notice of sak to the parsons and in the manrcer prescribed by appifeabie taw. 'Frusfee, without demand on
<br />$grrower, shalt seH the Property at public auction to the highest bidder ai the time end place and under the terms designated
<br />iq fbe notice of sate in oqe or more panels and in wch order as Trustee may- determine. Truster may postpone sale of al!
<br />or app parer( of the Property by palilic aanoancement at the time and place of any previously scheduled sale. i,ender or
<br />(,cadet's drsiggae entry purckasa the Pratrrrty at any sate,
<br />UpoarKWPt afpymegt of the pttee Laid, Truster shell deBver to the purchaser Trustee's deed cotveying the Property
<br />said, lire rte W the Trsscfera's decd strati be prima foie evidence of fke truth of the statements-made iberein. Ttvstee
<br />shad aftply' ta~~pr[[uo a( the sale in the taitawrq'i~~ order: {{al to all retnonaWe costs and etrpetrses of the sale, irrciudixg, but
<br />rrst.laAifrd.far.'f utxsrafs ae'ss lass of not tgwe ibtuf_ ~.l' L. Of 1 "t. nt the.gross ttaieprice, reasonable attoraey's fern and casts of
<br />tiffs asafence{ iD) tri aBsams seeared by tbh fkcd of Trust; aqd Cal the ezcr~, if any, to fbe person or persons IegaBy eniftkd
<br />taergto.
<br />ip, Hgrrorrar's-Rigbf to Itcbt~ate, Natwrtitstanding Lander"s acceiera6an of the semis set used by this Dttd of Trrst,
<br />Botrnterr shalt have ttx right to franc any prcxrrdinrls begun by Lender to enfonc this L)ced of "Fritst Ji>canrint+eJ at
<br />arty tune ptuvr to tis¢ earlier to ix;rur of iri tare fltth da}= btlore the sale s'st fbe Property pursuant to the power of sale c,nrlamad
<br />to this iJerd c! Trt~t ar Cri) anxy+2f a judgnrtsm enforcing this DceJ of -Paul if: tap &trrc war pays Lender uli sums which would
<br />br Phan ,Sue curler' ihu flkrd cif Tr,xp, the Nate and notes stCS,ring Futzxr. ,idvancr>. if any, hat no aCCClcration occurred=
<br />tb) ftoro?sver easrq ail ftrgadtes E,1 art} ++ihcr L'tjvenatktS ar agrtcutents „f Bx uawcr ..v;tainrd m ihty Dyed c,f 'TrusC
<br />tck Burr wTcr lrar-s ail tbuw,ineblr tvprnscs inct+rreJ b} Ltrscfer' and Tr:rstcr car rnforang the covenants- and agrretautttn ,~f
<br />Btarr~uu~e-c ra~+rtfacrtcsi in zitis i~xJ ~,i i"rttbY at+d its Nnlc>ravn$ LcnJfit=e :rwi -T"eaxsfet s rembdrev as ar+,F.rdcs? i,t iac,r3gratth 13
<br />trcrrot, rrrq;icrrhu~,_ Yxrt rs,M iamixr,J tar. rcasrstsaklc attorney`s ft~. ?;rd td's Borrowtr rake=s;u:.i, nat¢,a: en i.t^ndrr rrtay re:tsauain}-
<br />tcgrtsrc icy asw,r: tiwt ttxe 1+vs e,t this Deezd set 7rusr. E.rrrtk r'+ rnserevt +a else I't','rt+crty ;,a;d H=st r,,,rt t'~ oh!+sat:c+n .o [xsy
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