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<br />$4 --- si00499
<br />9. t'undewrtratiou. li,: fir,,:ecrls nl' any .,ward of claim for damuga,, direct a' consequential, in connection with any
<br />eoudcmnaGon or other taking of the Prolx;rt}•, nr part thereof, or for cunveyance in lieu of enndemnation, are hereby assigned
<br />and shall he paid to Ixndrr.
<br />In the ergot of a total taking of the Property, rho proceeds shall -be applied (o the sums secured -by this Deed-of Trust. -
<br />with the-excess. if any, paid to Borrower. In the event of a partial taking crf the Property, unless Borrower and-Lender
<br />otherwise agree in writing, there shall be apphcd to the sums secured by this Deed of Trust such.. proportion-o( the proceeds- -
<br />as is equal to !flat proportion which the amount of the Burns sccurcd by this Deed of TrustSmmediately prior [o. the~tlate~of `.
<br />taking hears to the fair +narkef value aF the Property immediately prior to the elate of-taking, with the ba{ance of ine pi•ocei:ds -
<br />paid to Borrau•cr. - - - -
<br />if the Property is abandoned by Rorroacr, or if, after notice by Lender to Borrower_ihat the condemnor offers to make'-
<br />an award or settle a claim for damages, torrower fails to respcmd to Lender within 30.days aftetthe.date such°nonce-:is:--. -
<br />mailed, Lender is authorized to collect and apply the proceeds, et Lender's option, either to restoration or repair:of.atii:-.-
<br />Prcrpeny or to the warns secured ny thrs Deed oC "Trust. - - - - -
<br />Unless Lender and Rorrower othanarse agree m writing, any such application of procecdrto principal-shall no[ extend
<br />or postpone the due date oC [he nronthty installments referred to in paragraphs I and 2 hereof or change thc~amount of -
<br />such instabments. _
<br />10. Borrower Not Released. Extarsiorr of the time for payment or madificatian of amortization of -the sums-secured=
<br />by this l7ea<1 of Trost grurred h} I ender to any xrecessor m interest cf Rorrower shalt nat. operate to release, in any manner,
<br />the liability of the ortginal harrower and Borrowers successors in interest. Lender shall no[ he required to commence
<br />proceedings against such successor yr rouse to exend time for payment ar otherwise modify amortizatlon of the-sums--
<br />secured h_v thrs Dccd of "Frost by reason aC any demand ntadc by the original Rorrower and Borrower's successors in interest.
<br />11. Forbranmrv by Lender Not a R'ai+~rr. :m~ ierhearance by Lender m exercising any right ar remedy hereundcr,`or
<br />otherwise :+dnrded by applicable taw, shall not be a waiver of ar preclude the exercise o£ any such right ar• remedy.
<br />"f he procurement of insurance or the payment of taxes ar other liars or charges by Lender shaft not he a waiverof Lender's
<br />right to accelerate the maturity of the indebtedness swotted by this Deed of 'trust.
<br />(Z. Remedies Cumulative. A!! renudi~s fuov,,ird in this Dccd of 'Frost arc distinct and cumulative a? any other right
<br />or remedy under this 17crd of 'trust ur afforded by law or enuity_ ::nd may be. exercised concurrently, independently or -
<br />xucccssivrly -
<br />13. Sucrrssors end Assigns Bonnd; 3oint and Several Liabiiityt Captimrs. t lie ruvrnants and agreements herein
<br />contained shah hind, and the rights hereunder shad inure to, rho respective successors and assigns of Lender and. Borrower.
<br />subject tU the purvisions of t.:vagraph !' harcat Ail arve::.uets and agreements of borrower shall be joint and several.
<br />The captions and headings ul the paragraphs of chi' bead of 1 rust arc for cnnvenicnce Drily and are oat to be used to
<br />interpret or define the pra?lsiors hereof.
<br />14. lofice. Except ter Bray notice regrarrcd under apphsable iau ro he given m another manner. fa) any native to
<br />borrzrwrr provided for m this Dccd of Trust shut! he 4+ivean by mailing such octave by certified mail addressed to Borrower at
<br />the Property Address oc at such other address as Burn+wer era} clesrgnate by nnuce m Lender ,ts provided herein, and
<br />ib} any uotice is Lender shall be given he ecrtitScd mad. return receipt requested, nr Lenders address stated herein or to
<br />such other address as !.ender may dcsagn:tte #a- nohec to Rorrower as provided herein. Any notice provided for in this
<br />Deed of 'Frost shall he deemed ro here Daen grveu u+ Rarruwcr or I ender when given in the manner designated herein.
<br />15. uniform Deed of "Gros[; Garrrnirrg !s?r; Seserabihty. hu, (rant sf deed of rant combines uniform covenants for
<br />national use and n+.m-tenrfotnn ro+en=stn, wnh Imutrd sariat.,nn hs ronsdica++n to a:nsnhnc a uniform secunt}• instrcment
<br />~~oveeing real proms' This llecd att 1"rent sh.ait he ~uvc^ned fa} the law of the ;eriwrcirc>n in which the Property is located.
<br />(n the event that an; pmvtatun or a:iausr of tlrrti i>ccd r~i l nest o, nc~ \om :anthers wifh apphcable law, such conflict shall
<br />oat a7ect other pr wisunu of rias peas ;~S T;a=,~ .v ,sae salts ,, hr::h .an i,e ~•iaen elect without the canfiicting provision.
<br />:end to this end the pruvrsruns of nc~ t)ar.! ,.r Trust ;mJ the Note sre dc~iare,! to ba severable.
<br />16. Rorrower"s Capy. burro?vor s:~.,a€i i~c !u; u;+hed .r .oa Rn ntcd ,:opt c•; tic Nute :md of this Deed o.*' 1~ntst ut the time
<br />of exacutiou e+r after ;acordancrn hereof
<br />17, `Cransfer of the Property; Assamption. li elf or .rap ;Tarr at r=`. u• Prupn ;-, r~r :m interest therein is sold or transferred
<br />h}' Borrower without Lender's' prior w^uur z,,.rscut. r:rludtng ~. , the ,-m,aiou r+t z Iron or encunthrtnce subordinate to
<br />this Deed of Trust, tbt the crestran o[ a porchamt rnane+ x°currry ~terrst f+rr hou,choid appliances, tc; a transfer by devise.
<br />descent or by aperaUOn of taw upon the death ;rf a t=rear r~anm en
<br />. t ender nra',- .a i ender. opa:»,. des-fare :di the suara secured hs this llced of Trust to hx
<br />mrmediatcly duct and parable Lender ,ha?I h.a'.c ~, .a r.cd such ,rpr,„+;; .,r .=.cccler,rte rl, prior to the sale r?r transfer. Lender
<br />and the person to whom the Pm~rt?~ ,o m he .old .x !rau,tcr: ed re.,~h a~recment r.a writing that the credit of such person
<br />is sausfactrn-v to !ender sad tF.at tha• str~rest pas ah!~ , ,: the ',a;a:r, ,c ~urcd h. rtes Dceci of ~Frux shall be :u such rate as
<br />Lender shat! request. tf I _nder 6a .aai•:rd toe -r es=n n, ~ , ~,,;rc I-r,..ded .n thin paragraph 17, and it Borrower's successor
<br />m interest has executed n u-riven easum,^.t!on :grernte•nt .,_rc;rre.± .n ++r;um~ ": t cn?dcr. Lradar shall release Rorrower Imm
<br />all ahligatians uteder this Dccd of Trot sn.i ttra A';uc.
<br />It' Lender cxerctses anch option to a:ec•?cr=uc. 1 ender ~-. :n.ni B,rrn,ver :rou~a of aarcdrraran in accordance with
<br />=.~ r;
<br />paragraph 13 hereof Such natece shall prustde n perm ~ .,f rs„t !c± ;ir.rn rr .lea vonr the doer the notice is mailed within
<br />which Borrower may pay the Bunts deciand dae_ fP brrrtawer !oils r,• p;:~> v+_!s ,;;ms poor to the expiration of such period.
<br />Lender may, wrthout further notia:r or demand ,m Bar tens et ~-... ~e .a?r renrcdre~ fx rmrtted nc puagraph !H hereof.
<br />Nov-f?hIFORM t'ovsrvnnr;,. Borrower and i_ender rnnhi~r r.r~'enant ,:nd ;rgrec as milt+ws:
<br />18. Aecckratioa; Remedies. Except as pnnided in paragraph t7 herrot, upon Rarrnwers breach of any covenant or
<br />agreerrrem of 8orrowrr in this Dred of Trust. including the rot vogues to pap when due any sums secured by this Dred
<br />of Trust. Lender prior to arcekratiun:halt mail notice to Rorrower as provided in paragraph IS hereof specifying: (1f the
<br />breach; t2} the action rcyaired to curt such breach; t3) a date, not Irss Than 3tf days from the date the aolice is mailed to
<br />Rorrower, by which such breach must ere cured; and fA ilia! tailurr to core such broach on ar beftrre the date specified
<br />In fhe rmtice may resale fn accrtention of the sums srcurnd by this Deed of Trull and sale of the Property. The notice
<br />sisal) further inform Rorrower of the right to rninstale after accrleralime and the right to bring a court actfan to assert
<br />!fie rtoa-existence of a default or any other defnace of Sorrow~er to arcrleration and sale. IF the breach is not cured
<br />oa or before the date specified in the notice, Lender at Lcndrr's npAoa may dreLare all of the sums secured by this Deed
<br />of Trust as he immediately due and payable without furiber demand anti Wray invoke the power of sate and any other reroedirs
<br />petatitted by appficabk Law. f.rnder shall be entitled to cnlLret all reasonable costs and expcases incurred in putsuitEg the
<br />rettyedies provided in this paragraph 1$, including, but not limited la, reasonable attorney's fees.
<br />If the power of sale is invoked, Trustee shall record a notice of default in earfi county' in which the Iroperty ar some
<br />part thereof is located and shall maB copies of such notice in the manner prescribed by applicable law to Rorrower and to the
<br />other parsons prescribed by applicable law. After the lapse of such time as may be required by applicable Law, Trustee shelf
<br />gP,ive pabRc trotice of safe to the persotys weed in tbt manner prescribed- by applicable law. 'Crustee, without dtmend on
<br />$attowtr, shaft seB the Property at public auction io the highest bidder at the time and piece and under the terms designated
<br />is the twtke of Bak in one or mare parcrLs weed fn mete order as 1'rustce rosy drtrnuine. Truster may postpone sate of ail
<br />or any parcel of the Property try public annaurycemrnt at the time wad plan aF any preciously schrdutrd sale. !.ender nr
<br />Lerwitr's deafiytu:e rttq} patchasr the Property at any safe.
<br />Uptte tectipt ~ paytneat of the grlce bid: Ttastce shat! definer to the porcbryser Trusttr's dyed conveying the Property
<br />xefd. Tba sec ~ the Ttvslee's decd slu}i ere prima Fack evidence of the troth of flit statements made therein. Trustee
<br />siraR apply the proceeds of the vale sty-Aye fotlo order. {{a) to ail rxasana6lt costs and expenses of the lair, including, but
<br />oaf timed to, TtvHre's fees of rref ttrore than Y O~ 1 ~ of the gross Batt pries rtraaanabtr attorney's fees wad costs of
<br />evidew•et fhl to afllama secared by this Iced of Trycstf wad ic) fhr excess, if way, to fhe ptrsoa nr parsons legally tnfhled
<br />hatga.
<br />- 19. Rarrnwtr's t~,fif to Reinsfatr. ;'stniwtthsfanding I rnder's ace rierrticn ?f fhr .unt_ sec:urcd h+ h : L?ccd e f 17i.st
<br />Rorrower shall have. t}rr right to have any pruerrrGngs heKun by I znder as cnfore this [7eed n€ Tr,:r dixcvnnrtaed ai
<br />any time prior w fhr-earlier Eo rear of fit the tiiih dal brf+>re th,;. stele of the Prnpeny pursuant t<r lire tx>wcr of sate cr?rEtuuned
<br />inihu I)etxf of Tntst c+t iii) entrvaf a yudl;mcrtt rnfnre-ing this 17red of Trust rte (ar Rorr+a,vrr pays Lander s!i sums which would
<br />hr ttxr, ,Bur auw`far 6his Goa n~ 7raxt, fhr Notr anti sorts secunng Future Advan::rs, if an?'. }sad no accciaruton oxurrrd.
<br />ft+t Baxn-wc-f , news ~aEi brawchsx of any weber r+rn-namx ar ag,tsemrr>ts crf burrnwar cnr,taittat rrt then flu ~ of Ta-trst.
<br />{c) Rcwr ~sv-er Ira vs ati rLastenahk ca}unaa~ tncurrrd by !.ender wad Fr +ire ,n enfi rang ehr r. -Hants sad tare *ntents ,rf
<br />hrsrrcv corrtaizaed to s.cs 1)esd + f 1 t tst ++nd n enf ±rwng I ender - e. c! Truster r mrd t [ .rn l-d n war tt,r tI h i s
<br />Ltcrr`a*i'. tr~ftuhny. ?HSt sra,F 9arnited tcz, rs'tsxrnabit rttotnp#''t ter:. ancj t,t7 Fkvsvwcs .ukr; t,rn «..t <=s 3a Let,dtr rnav roasar :a~) .
<br />r~eurtr t.? walla?t~ then t€xr Facer sri ibex 1fec.1 c>f fettle. cooler s +nters;t err ?rte i'n;Ixcrty .end Bearcwer'•..thhgre.a+r ;,. l`AY
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