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<br />9. (bndemnation. -Ihc pen re. L. of :ms sword nr Jaim for damage+. d,rect nr conseyuential. in connection with an}'
<br />condemnation or other taking of the Profx rty, or part thereof, ur fur conveyance in lieu of condemnation, are hereby assigned
<br />and shall he paid m l.cnder.
<br />fn the event of a total taking of the Property, the proceeds shall he applied to the sums secured by this Deed of Trust.
<br />with the excess, tf any, paid to borrower. !n the event of a partial taking of the Property, unless Borrower attd Lendtr
<br />otherwise agree in writing, there shall he appbcd to the sums secured by this Dced 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 prior to the~date of
<br />taking bears to the fair market value of nc~ Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, nr if, after notice by Lender to Borrower that the condemnorolfers-to-malte-
<br />an award or settle a claim for damages, Borrower fails Io respond to Lender within 30 days after the date such notice-is
<br />mailed. Lender is au[honzed to collect and apply the proceeds, at Lender's option, either to restoration or rcpaie of~the~
<br />Property it to the sums secured by this Deed of Tntst.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall nor~extedd
<br />or postpone the due date of the monthly installmems referred to in paragraphs t and 2 hereof or change the amount of
<br />,uch installments.
<br />10. Borrower Nut Released. Extensum of the ume for payment or modification of amortization of (fie sums'secured
<br />by this Deed of T rust granted by Lender io am' successor m interest of Borrower shall not operate to release, irvany'manner,.
<br />the liability of the original Norrower and Borrower's successors in interest. Lender shall not be required to- comirietice
<br />proceedings ugamst such successor ur refuse to extend time for payment or otherwise modify amortization of -the`aums
<br />,raved by this Decd of Trust by reason of any demand made by the original Borrower and Borrower's successors'in inte[est.
<br />11. ~Furhearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or rcmedyhercunder,-or
<br />otherwise atTnrded by applicable law, shall not he a waiver of or preclude the exercise of any such right or remedy:
<br />The procurement of insurance or the payment of taxes nr other liens or charges by Lender shall not be a waiver of LentJet's
<br />right to accelerate the manuuy' of the indebtedness secured by this Dced of Trust.
<br />12. Remediex Cumulatisr. .All remedies pnnvJcd m this Decd of Trust are distinct and eumnlative to any ocher right
<br />nr remedy under tha Deed of Trust or afforded hr law nr equity, and may he exercised concurrently, indtpendently'or
<br />successively.
<br />IJ. Succtssurs and Assigns Bound; Joint and Several Liabilfly; Captions. "the covenants and agreements herein
<br />contained shall bind, and the rights hereunder ,hall inure to, the respective successors and assigns of Lender and BorroweM1
<br />subject to the provisions of paragraph 17 hereof. .All covenants and agreements of Borrower shall be joint and several.
<br />The captions and headings of the paragraphu of iius Deus of lrwt are for convenience only and arc not to be used to
<br />interpret or define the prnvrsions hereof
<br />14. Notice. Except for any notice rcyuued under apphcable tau to he given in another manner, (a) any notice to
<br />Borrower provided for in this Deed of Trust shall he given by mailing such notice by certified mail addressed to Borrower at
<br />the Property Address or at such ether address a+ Borrower ma} designate by nonce to Lender as provided herein, and
<br />Ibl any nonce to I ender shall he given by certdied mad, return receipt requested, to Lender's address stated herein or to
<br />+uch other address as Lender may designate by notice u, Bormwer as provided herein. Any notice provided for in this
<br />Dced of Trust shall be deemed to have been given ro Borrower nr !ender when given in the manner designated herein.
<br />15. Uniform Dced of Tnuh, Covermng Law; SrarrahilitY. I his frn rn nt deed of trust combines uniform covenants for
<br />national use and non-unrtorm covenants wnh I~mned sans nom ht lunsd~aum u, consti Lute a uniform security instrument
<br />mvenng real property. -f~h is Decd of Lust shsil he go+crned he the law :+t the µrnsdictmn :n which the Property is located.
<br />)n the event that anv provision or claws of ihu Decd or l runt or ihe tints cantl ict> wrth apphcable law, such conflict shall
<br />not zffec[ other provs~ons of th:s DeeJ :+f 1 ru,r or the h`oic which ..u, Lc cis cn ef[ea without the conflicting provision.
<br />and to this end the provrsons et thi.• Dced of [nut and the ;voce arc dcdurc<i to he severahle.
<br />t6. Borrower's Copy. Bornrwtr hall be lurnr+hcd a con mrrncd ,np}- M [hc Nole and of this Dred of Trust at the time
<br />of execution or after recordation ftereoi
<br />17. Transfer of the Properly: Assumption. !i all ::. arts pan of the Pri;+eny ar an interest therein is sold or transferred
<br />hn' Bnrrnwer w9ihnnt Lender's poor wrnten ,on+rut. a~+cludmc :.~r ihe creation of alien nr encumbrance subordinate to
<br />this Deed of Trust, fh) ihe creation ,.f n pun-ha+e comes u•eunip nneresi fur household appliances-, tc) a transfer by devise,
<br />descent nr by o(±eratiin of law upon the death nt .r ;,ant (eosin or
<br />I ender ma,..~t t ender s option. declare all the sums secured h1' this Deed of Trust to be
<br />unmediately due and payable. I ender shall ha,c waned such anuin n, aaelerur d, prior to the sale or transfer, Lender
<br />and the person io whom the Property :+ is ht ,nIJ or ir.+mEcrrrd rr:n:h agreement u, writing [hat the credit of such person
<br />rs sahs(aaury to I ender :md that the tin ere,( yes ah!c r:n :hc ,unn ,tvureJ b+- thr+ Derd of Trust shall he a[ such rate as
<br />Lender shall rcyarest. !f 1 ender ha, uurveJ the olnivr: ~.: .:,,rk•raic pros idcd ui this paragraph 17, and if Borrower's successor
<br />m interest has cxecmrd a ,snuen assum prom agi rrmrm e_ar ptcJ u, wrung h}tender. Lender shall release Bor[ower from
<br />all obhgauom uudcr ihu Dec•J nt 1 not :.nd the hntc :+ - , .:;--ra;,-)a * t.aLx
<br />If Lender rxerasen such option L~ a+aeiclrtr I ender +h.,il m-..I Horn,w er nonce of aceetfRatibn;m accot~ance with
<br />paragraph 14 herein- Such notice shall prer:Jr a perod tit n,a Ir„ th.m t:i days f~orryl~~~,~~ nQiex:ig,mailed-within
<br />which Borrower may pay the ,urns drtiared due If H•erow c; Lid, :,~ p.:s ,uch vrm+ poor a, the exprnuion of such period.
<br />1_ender may, wuhi,ut nunher ninu• or drmanai tin Harrower ;•,s,~ue ,ens rcmrd:r+ permuted by paragraph 18 hereof.
<br />Nnts-V n~rpoa tit Covennrvts Borrower anJ t e:rJn tunMer ~:-~+enani .nut agree as follows:
<br />Itl. Aealeration; Remedies. ICxcept as provided in paragraph 17 hereof, upon Borrowers breach of an_v covenant or
<br />agreement of Bormwer in this UeeA of 'T'rust, including the cos enanb a, pa} when due any sums secured by This Deed
<br />of Trust. Lender prior to acn•Irration shall mail notice to Borrower as prosided in paragraph 14 hereof specifying: (I) the
<br />breach; t21 the action required to cure such breach; IJI a date, not Irss than 3o Aays from the date the notice u mailed to
<br />Borroweq by which such breach must be cured; :and IJI that frilurr to cnn• inch breach on or before the dale specified
<br />in the nulice may result in acceleration of die uutn secured by dsis Deed of 7-rust and sale of the Properly. The notice
<br />shall further inform Borrower of the right h+ reinstate after accrlrratimr and the right to bring a court action to assert
<br />ihe non-existence of a default or any other defense of Borrower k. acceleration and sale. If the breach is not eared
<br />on or before the date specified in the nulice, Lender at Lender's option may Aeclare all of the sums secured by this Deed
<br />of Trust Io be inrmrdiatrly due and pa}ablr without Avthrr drmund and may imokr the power of sale anA any other remedies
<br />pennYted by apphcable law. Lender shall he entitled lu co6ect all reasonable costa and expenses incurred in pursuing the
<br />rrmedtes provided in this paragraph IN, inrhrdirtg. hm nut fimitcd tie, reasrnrablr attorney's fees.
<br />It the power uF sale is ins ukeA, Trustee ahnll n•cnrA a nutter of rlrtault in each county in which the Property or some
<br />pan thereof is laxatrd and shall mail copies of +uch nutter in the manner per+cribrd by applicable law m Norrower and In the
<br />other perwm prescribed bs applicable law. After the lapse of .m6 lime a+ mat br rryuired bn applicable law. 'trustee shall
<br />give public notice of sale so 'hr pesos anal in the manner prescribed bs applicahle law. ~ Trustee, without demand tin
<br />Borrower, shall sell the 1"ropeny at public auclien In nc~ highs+t bidder at the time and place and under the terms designated
<br />in the notice of sale in one or more parcels and in such order a+ I nistee may Artrrmine. Tnlstrr may postpone sale of all
<br />ar any parcel of the Properly by public anauuncrmrm at Ihr time and place of any pees iously schedule) sale. Lender or
<br />Lender's designer may purchase the Property at any sale.
<br />Upon receipt of payment of the price bid, Truster shalt delis er to the purehuser Trustee's decd conreying Me Properly
<br />soh). The rtcltals in the Trustee's dyed shalt be prima facie ea idencr of the truth of the statements made Iberein. 'trustee
<br />shall apply lire proceeds of (fie sale in the foitowi'ry order. ((a) to ail remnnablr costs and expenses of the sale, including, but
<br />real lirniled to, Trustee's fey of not more than Z; 1 O ~ 1 '':~ of the gnus, sale price, reasonable atmnre}'s fees and curls of
<br />f1Ue eridettre; (h) to all sums secured 6y this Urrd of Tout; and Ic) the excess, if any, fu the person or persmu legally entitled
<br />tharclo.
<br />14. Borrower's Riehf m Reinslutr. v:.,rw ohs GCndmg f enaic: + _elr, a[i<~n of the ., rcJ M th:+ Decd of True.
<br />Borrower shaft have the tight u, base .u+y p<. rJmg+ begun hs hrnJrt : , tnfane Ow fh~eJ , . 1 n„~ , euar:nual a
<br />any ume poor fu the carper hr oa, ur n. n! the Si!rh da, h~h:rc :hc ..dc tit ~6v Pn.pc its pu, „+nt n• ihz p„wn ol~,a lr a +niamcd
<br />m this Deed. f trt+sl at !u1 entry o(a tudgn:en: cnlor.mg ih:. DeeJ .•t t r!is~ .t i u R~.,: t„wee i•n.. I ender .:II sun„ who h u aJd
<br />be then d,rc node°r thin [.}ra•J „I tr:++t :hc hole ., n.t :,, ,.. ug f:,tu« ldsan,,:~ ~. .,, , I:.,J ~- rirr.,!:au rd.
<br />eft) Bu: n~wr: .-r .,h hrka+hr, ,•1 ,r :,1 her ~ .er:anr+~- ~,rrrc n,,; r:;-. .! l:=~>t~.,+.r .. :-,r: ,cJ ~r 'ih,+ ik~ca! .,t, +trr'u,t
<br />t,V ik>rr~.wer y a1i - .,,f,;a urea! hs F< Jer ,,:d i, --i- ., ,I •t:nu. ,.
<br />Bne:i»„~r ~ >f-i. r a.i „ tkr,. „ t a, r..! -:L ,. ng t ~,:aa:. ~d ~i, ~i,v -. ~..i-,i ai,h
<br />here.. n "~_a ,ec -s,: ,.:.~ „rn,tad : .w..nah'.c a2t.u r~. , . r s f ~ ' k.": „r: i ,+.. ! .,, i, „ .,, I , . ,i. n ., ..t 's
<br />zy,= . i.. „,,,.rr. :^,a, ~h, i. . - : „ D.cJ : ! , r l u: , . .u...- c -. .. ~ r., -: .. f ., ,,, , ,.: i , ,
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