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<br />84 ,_.,tt~ CI 0521
<br />by this lYyed of Trust immediately prior to the date of taking bears to the fair market value of the Property immediately prior to the date of
<br />taking, with the balance of the procada paid to Borrower.
<br />if the Properly is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make an award or settle a
<br />shim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is ensiled, Lender is authorized- to collect and
<br />apply the procads, at Lender's option, either to restoration or repair of the Property or to the sums secured by thi3l)ad of Trust.
<br />Unteas Lender and Borrower otherwise ages in writing, anY such application of proceeds to priacipil shall not extend or poatpolte the due
<br />date of tlx monthly instsWnents refereed to in paragraphs l and 2 hereof or change the amount of such installments.
<br />10. Borrower Not Relraaed. Extension of the time for paytrtmt ar modification of amortization of the sums secured by this Deed otTrust -
<br />granted 6y Lettder to any successor in interest of Borrower shall not operate to release, in any tnanner, the liability of the on;final:Bonowa~and- -
<br />Borrower's successors in interest. Lender shall not be required to commence proceedings again[ such successor or refuse to extend timtfoc
<br />payment or otherwise modify amortization of the sums secured by this I)ted of Trust by reason of any demand made by the original Borrower
<br />and Borrower's successors in interest.
<br />11. Forbearuee 6y LeMer Not a Wd•er. Any forbearance by Lender in exercising any right or remedy hereunder, or otherwiu afforded'
<br />by applicable law, shill not be a waiver of or preclude the exercise of any such right or remedy. The procurement of insuranceor the.paylnetlt of
<br />taxes or other liens or charges by Lender shall not be a waiver of ixnder's right to accelerate the maturity of the indebtedness secured by [his
<br />Decd of Trust.
<br />12. RenediY GYOhtlve. Alt remedies provided in [his Decd of Trust are distinct and cumulative to any outer fight or remedy trttda this
<br />Dad of Trust or afforded by taw or equity, and may be exercised concurrently, independently or successively.
<br />U. 5tecneors zed Areigr Bored; Jaiot and Several IJaMBty; Gptbr. The covenants and agramen[a herein contained shall bind, and
<br />the rights hereunder shall inure to, [he respective successors and assigns of Lender and Borrower, subject [o the provisions of paragrltph--17
<br />hrreof. Ali cavettants and agreements of Borrower shalt be joint and several. The captions and headings of the paragraphs of this Dead of Trust
<br />aze toi conveniertce only and are not to be used to interpret ar define the provisions hereof.
<br />11. Notlce. Except for any notice required under applicable taw [o be given in another manner, (a) any notice to Borrower provided for in
<br />this [?ad of Trust shall be F`: en by mailing such notice by certified mail addressed to Borrower at the Property Addrtts or a[ stuh other address
<br />as Borrower may desigtate by notice to Lender as provided herein, and (b) any notice to Lender shall be given by certified maU,.return tempt
<br />rtqutated, m Lender's address staled herein or to such outer address as Lender may designate by notice to Borrower as provided herein., Arty
<br />notice provided for in this Dad of Trust shall be deemed to have been given to Borrower or Lender whin given in [he manner desiptated hereiu..
<br />-S, Uastorn Deed of Treat; Go•erdog Law; Severabllity. ~iTtis form of deed of trust combines uniform rnvettaots for lutimul use and
<br />non-nniform covenaau with limited variations by jurisdiction to constitute a uniform security instrument covering earl property. This Deed of
<br />'t'rust shalt be governed by the law of the jurisdiction in which the Propery is located. in the event that any provision or clause of this Deed of
<br />Trust ar the Nate conflicts with applicable law, such conflict shall not affect other provisions of this Devi of Trust or the Note which ran be
<br />given effect without the conflicting provision, and to thss end the provisions of the Deed of Trust and [he Note are declared to be severable.
<br />16. Borrower's Copy. Borrower shalt be furnished a conformed copy of [he Nate and of this Deed of Trust at the time of execution or
<br />after recordation hereof.
<br />17. Trarter of the Property; AwsDtloa. if ail or any part of the Property ur an interest therein is sold or transferred by Borrower
<br />without Lender's prior written wtuent, excluding ta) the ~rcation of a tier ar enctunbrance subordinate to this Deed of Trust, (b) the creation of
<br />a purchase money seetuitq interest Cor housthofd appliances, tc} a tra»sfvr key devise, descent or by operation of law upon We death of a joint
<br />tenant ar {d) the scant of any leasehold in[ttest of three years or Tess not comainutg an option to purchase, Lendu may, at Lender's option,
<br />dedazc nit the stuns secured by . us Deed of Trust to be immetitately due and payable. Lender shill hart waived such option to accelerate if,
<br />pricer ao the sate or transfer, Lender nerd the person to whom [he Propery es to be sold or transferred reach agrament in writing that the credit of
<br />such person is satisfactory to Lender nerd that the interest payable an tht sums securai by this Decd of Trusr shall be al such rate as Lender shall
<br />request. If Linder has waived the option to actxteratc provided in thss paragraph 1 ;, and if Borrower's successor in interest has executed a
<br />wrinen assumption agreement accepted in writing by Lrnder, Lender shad release Borrower from all obligations under this Iked of Trust and
<br />the Nora.
<br />tf Lender exercises such option to accelerate, Lender shat) matt Borrower notice of acceleranon in accordance with paragraph 14 hereof.
<br />Such notice shall pronde a pmod of no[ less than 3tt days from ehe daft the notice is mailed within which Borrower may pay the sums declared
<br />due. If Borrower Coifs to pay such sums prior to the expiration of such peri~d,,hrnderrtrey-wititettr ~r demand on Borrower,
<br />Invoke any retttedies permitted by paragraph 18 hereof. °~'F'""` s °`A4~ ~t t
<br />NON•UNIFDRM COYENANTS. Borrower and Lender Further covenam and egret as follows: -
<br />NL Att~ekratiot: Reatadks, Eaogl Y provided In paragnpb l~ hereof, upon Borrowerb brpcY ut any coveaatl or aglutoeu of
<br />Borrower i. tfti Dead of Teost, Irtirsiag the covetrrb to Wy wbn due aaY so®a aecurei 6Y tbk lYrrd of Trri, Levier Drior to aeulerobbo
<br />sWl cell aatSa to Borrower Y provides M paragraD- la Yereof epeeityiy: (I) lYe bnacb; (2) the acUot rcgrriM to cure eucb bteatY; (3) a
<br />rhk, rY lent titan 30 days from Ibe date of aotke k nailed to Borrawcr. by wbkb fucb breach mull be curN: std N) that fatlorc to core atcY
<br />braacY a a bderc Ile sole rlaliBed L the totke nay recoil h aceekratiot of the attar aecoM by tbh Dad of Trrt and wk of IYe Property.
<br />The aod« atoll frrtbs idor~ Batrower of tie rigbl to relrrk after eca+eieratlor sad the tight to bring a corn aclioo to asrrl ibe otr-
<br />ertialrce of a ietasrlt or sty ot-ar fetetae of Borrrower to accrieralioa sad oak. If the brercY b ea erred w or bdon Ibe 4k sDeclBd io lbe
<br />aotke, I.sader tl Leader's aptlot nay declare all of Ibe wd aecrred by !hk Herd of Trrt to be imnediatdy doe and trYrbk wilbort turlber
<br />deoratd ass oY hvdte lbt Pawn of wie zed uy other r•nediea perYined by rpplipbk bw, Lender abaY be eetltkd to collect all reYOrabk
<br />tole std espeorla Iterrrei to ptratlag lbr renedks provided la thk paragraph 18, itclydieg, Dut o01 United Io, retaoeable atloraeY's tees.
<br />If t-e Nwtu of sale k -tvutei. Trustee abYl record • notice of defarlt is each corMy Ir wbkb the Property w snare part Ib[reot b lankd
<br />ord shall grit cop1Y of web aolke h the ~ Weacdbei by aPtallaWe hw to Borrower and to lbe other perausa )rreseribad by upplkabk
<br />hw. Afkr lie hpae o1 web 6nr Y aaay 6a Moirai by at)tpYabk law, Trustee atoll give Iwbik aaice of sale to the perwr sad h Ibe auaaar
<br />Dreatrlbad -y rDpMr+Ibk law. TroatY, Wilbert ierutd oa Bareower, altall aeu ibe Property al public aactiw to the Ngltat Glider rt the Una
<br />aN Pha ass riser the kraut snlprald h ibe aolice of oak h one or non Wrtek ass h awb order Y Trrler mrY dekrrir. "frretee nay
<br />OarlFrr rain of all or aq bond of ibe Property by ptrbtlc uaarresaktt at lbr tlne sad Phn of aaY Drcvloutly acbrdulyd wk. bender or
<br />Leader"s luipas nay PonMae tie 1'rapsrty at aoY wk,
<br />i!Det retdpt of Daytrti of the peke Yid, 7rrMtK shay ddl.a to Ibe Drrcbrser Troafee's Reed coavrYiy Ilrc Property sold, The recitrlt it
<br />the Trrrka'a sad rirll ba prfia faek evHerrc a[ the trtlb of the ahteuunk made tbtadr. T'rrtix shall rPMY the prec•eb at the ark to the
<br />faMawNg ar+str: (a) Ma aq eeawaabk IoW Mel txlrcatY at Ibe sale, fawclltditg, bet col United m, "t'ruslaa'r ilea of not Harr Ibar ._., 3_.___--s_y
<br />rt Ure tr'oat rle pier. nroYNr afte+oey's try sad crak of tliM evidence; (b) to ail aama aecrred by tMs Decd of Ttvst; cad (cl the excess, if
<br />asX, to t1e /Ytnrt or pe•aaaa ktutty asrtlgd 1Menta.
<br />t9!. Barrrwa'a tUgbl to IlaiYpk. Notwithstanding l..€ttder's au':alaa8an at the suave stc:ured Dy thtx 41rtd of Trust, Barrvwer strait have
<br />the right is havz any prac'eexlAtYta begun by t_rr>dtr to tnfane this i)etst of 3'ruse dtscontmutd at auy torte pr>vir to the earlier t4+ ikaut of ti) the
<br />ffrh.6 day torfar€ the sale of tier PresiMertY Dufxttanr to ehe Duwet o€ sale contained to this Decd a( Trent xsf iii! entry of a ;udgmem cniorang tetra
<br />5.1er<t at "f[ttat }t: (ai )i+xrowr+' pays t.tetdtr al} sutrtr witifFt evuttid bt then due under this herd xC fntst, the Nety at[d metes srtiuring Future
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