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$t~.._..~(~0069G <br />4. Condemnation. The proc:eala of any award or claim for damages. Jrrcc[ or consequential, in eannection with any <br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned <br />and shall rte paid to Lender. <br />In the event of a rota( taking of the Property, the procceds shall he applied to the sums secured~by this Deed-of~Tiftsfc: <br />with the excess, i( any, paid to Borrower, in the event of a partial taking of the Property, unless Borrrnver -attd -[:ender. <br />otherwise agree in writing, there shall be applied to the sums secured by this Deed of Trust such proportion of -Fhr-Proceeds-~ - <br />as is equal to That proportion which the amount of the sutras secured by this Deed of Trust immediately prior to the-•tJataot~'.. <br />taking bears to the fair market value of the Propeny immediately prior to the date of taking, wflh the balance of tfte.pcotxeds <br />paid to Borrower. - <br />If the Property is abandoned by Barraarer, or ff, after native by Lender to Borrower that the eondemnorofters to~maie,: <br />an award or settle a claim for damages. Borrower faits to respond m Lender within 3G days after the date.su~h ttWice.is :. <br />mailed. Lender is authorized ar collect and apply the proc•teds, at lenders option, either to restoration or repair of'_tlrr-:- <br />Property or ro the sums secured by this Deed of Trust_ <br />Unless Lender and Borrower otherwise agree in writing, any such application of procceds to principal shall nor'exfead <br />or postptme the doe date of the monthly installments referred to in paragraphs 1 and 2 hereof oe change the amotmt of <br />ouch instatlments. <br />10. Borrower Nut Released. Extension of the Gme far payment or modification of amortisation of the sums secured~- <br />hy this Decd of Trust grained by Lender m any successor m interest of Borrower shall not operate m release, in anymaonei <br />the liability of the original Harrower and Borrower? succcsson in interest. Lender shall not be required to comrnettce. <br />proceedings against such successor or refuse to extend time fns payment or otherwise modify amortization of the sums- - <br />aecured by this Decd of Trust by reason of aa}~ demand made by the original Borrower and Borrower's successors in inleresL <br />I I. Forbearance by Lender Nut a 1~'aiver. Any forbearance by Lender in exercising any right or remedy hereunder:or - <br />otherwise at7orded by applicable taw, shall not !?c a waiver of or preclude the exercise of any such right or remedy. <br />T'he procurement a( insurance or the paymem of taxes nr other liens or charges by tender shall not be a waiveeof Lender's <br />right to accelerate the maturity of [he indebtedness secured by this Derd of Trust- <br />12. Remedies Cumulalivr. Ail remedies prnvrled m the Uced of "['rust arc distinct and cumulative to any other right <br />err remedy under ibis ik.ad of "(rust or ,-,horded by iaa~ nr cc{uir•., and n:av he exercised concurrently. independently or <br />successively. <br />13. 5urcGanrs and Assigns Bmmd: Joint and Srvera! LiabilHy: Captions. 'she eovenanfs and agreements herein <br />contained shat[ bind, and the rights hereu rder shall inure to, the ri~sprctivr su. censors and assigns of Lender and Borrower. <br />..abject to the provisions ai paragraph I' hrrent All cnr-vtants and agrecmenrs of Rarmwer shall br join[ and several. <br />Ibe captions and headings of the paragrapha rat chic Dced ,~f Tract :: rr nx convenience only and are not to be used to <br />interpret or define the provtsrans herecsf <br />14. Notice. Except for any nonce rcyun cd under apphcahlc. Iu ni be given m another manner. (a) any ^atice in <br />Borrower provided for in this Deed of Trust shall ist given by rn:riling such notice by certified mail addressed to Borrower at <br />the Property Address ur at such other add erns as Borrower mar designate hr nruce io Lcndrr as provided herein, and <br />(b) env notice to Lender shall be given by cartNird marl rrmrn~reczrpt rryueatrd, to Lenders address slated herein or to <br />such other address as t..ender Wkly devgnate hs nonce to Borrower as provided herein Any notice provided fur in this <br />Dced of Trust shall I;e deemed u. have }xen given t„ Borrs,u cr nr Lcndrr when green rn the manacr designated herein. <br />lK. Uniform Derd o[ "Crust: GuvernHrg l.aw: tie-arability. l h.c form of decd of trw combines Uniform cavrnams for <br />national use and nun-uniform a,venaots wnh hmacd varran.om hs ~uris,3r. non to consntme a uniform security instrument <br />covering real prtapenv This Deed c! Trztst sh:di he „,+veincd h, the Liw of the !unsdi.uon ns whrch [hr Property is incased. <br />in the event that any provtston or thurse of th,a Drcd of feast or the n~yc ~gnfl:cls unh app!icahir law, such conflict shall <br />not affect other pravrasans of this Urcd nF Trust „r [hc lucre which ;, rn en etferi without the conflicting provision. <br />and to then end the prawsrc,ns of dtc Derd ,-t 1 rust and the ~ntc arc :irclarcd t., f+e severairle <br />14. Borrower's Capc. Hnrrow-er shah ere rurnsched a cnniU rmed ~_opy of the Note and of this Decd of 'Trust at the time <br />ut execution or alter recardatior, hercot <br />17. Traasier of the Property; Assumption. It ail nr ,tnl pert of the Propcrn or :ur interest ttscreus is sold or transferred <br />by Harrower without L.eoders prior wrnten si~ncent. c~eru<img ,, . the en°aunn or a lien ar encumbrance subordinate to <br />this Deed oY Trust, the the crraucm of a purchase mousy secure •, are. rest tar hausehotd appliances, ici a transfer hp devise. <br />descent ar by operation of law upon the death of a ;omt tenant ar - <br />' Lcndrr mu}~. at Lendei s opunn, Jccta re all ihe~ sumx secured by this Deed of Trust to be <br />immediately dtrc aad payable. Leader shall ha.r u.uved .ugh ,ran:+,a n~ a«clcrate ii. prior to the sale or transfer, Lender <br />and the persaa to wham the Propert}' is err he a,>!d ur vnnsterred rnah vgrernsent m writing that the credit of such person <br />is radisfactaty to Leader and tlu;t the interest p~rabtc ;,n ifx ,ram; u.: U rref i*: the Drrd of Tout -shall be at such rata 3s <br />Lender shall reyurst. tf Gender firs waived the npt;ou m .:..~t•icr,tte provided m t}*.is paragraph f?, and if Hcrrrowrr's successor <br />in interest has executed a wnura asumpnon :igrcemrnt a.cepied ,r, wrung in t ender, tender shalt «•lapse Horrower from <br />all obligations under this Deed of Trust wsd the Not€. _._ .. _.___._____.,__,_ . _... . <br />If Lender rxarctses such opas:a to acceirraic, t ender she t. mail Rormwcr none@-at: acceleration ~tdFaesorda w~e)h <br />paragraph 14 hereof. Such nonce shall pros rdr a prntut rat not ;cx than to ,ip}s from nc~ Batt ~•natice is maifed~,wnhfn <br />which Borrower may pa} the sums dc~crared due. i': R.uraxer f.,,lw ;,~ p;a •. ;u.h sums prior w the~oxpiratiun of such period. <br />Lender may, wultotu htrther unttsc os drmae;d r,n f#r,rn,u-cr, :i r.=Ac any rrmrdiea prrrni#irei by paragraph #fi hereof. <br />Non-Untt-oam CoveHnsTS. Borrower anil Lcndrr !art her c,isenant unJ agree as Iollows. <br />!g. Accekretiom Rerrsrdirs. t: xrrpt ~ provided ire paraKraph t7 hereof; upon Honowrr's breach of any covenant or <br />agreement of Harrower in thk lleed of Trust, induditre fhr cr»rnunts to pay when due any sums secured by this lleed <br />of Trttsl, [.cadet prior to acceieniion shalt mail notkr to Borrower as pros ided in paragraph 14 hereof specifyirrg: (U fhr <br />brearlr, f2) the action rcgairrd to cure such breach; 13S a date, not Irss than 30 days from the date lbr notice is mailed fo <br />Barrorvu, by which such breach must br rnred; and (St that failure to cure such breach on nr before the dale specified <br />is fit notice may resell in arrrieralion of the sums secured by [Iris Deed of Tnrst and sate of the Property. The notkr <br />shay fnrlier inform Borrower of the right to reinstate after acceleration and the right to brio(; a court action to assert <br />the aoa-exislteee of a siefautt ur an} other defense of Burrower to accrfera8oa and sale. ff the breath is not cured <br />arc or before the date sprcifitd in the notice, l.rndrr at Lender's opunn mar declare all of the sums secured by this Dred <br />o[ Trtrstio 6e itnmediafdy due and payable without tuHher demand and may #nrukr the power of sale and any other remedies <br />ptrrailled b! applicable law, i.erntrr slraH ix entitled in alien all rrasonafrfe cusis and expenses incurred in pursuing the <br />realeiils provided in ibis paragraph lg, inrirrding, but nut limited tu, rc:uarnablr attorcey's tees. <br />H the power of sale is iavokad, Truster shah record a rmtfce of default in each cuuaty in which the Praperh or some <br />part thereof h located aad shag mail rtepirs of such native iu fhr manner prescribed by applicable taw to Borrower and to fhr <br />other persats prescribed by applicable law. AFter ttte lapse of such time as may Ire required by applicable law. Trustee shall <br />give prNic aolice of sate to the persons and in the manner prescribed by applicable taw. Truster, witbaw demand nn <br />sortower, shah sdI the Property at public auction to the highs bidder ar the time and ptaer and under the terms designated <br />is fie satire of sak is mss ur more paresis and in such orvter as Tructre mar drtermiue. `rruslec may pustpoot sale of alt <br />or nay parsd of fir Properly by prtbtfr anaoxcetmrnt at fhr time and place of any prrviuasty schedultd sale. lender or <br />Y.rwtler'a desft[aee may parehase the Property at any sale. <br />~ptr ttttxttpt d payment of fit price bid, Trustee shaft deliver to the purchaser Trustee's decd conveyhrg Ihr Pro rte <br />soli, '.Illt.retffa4 is tht Trmatts decd eJta6 ie prima facie rvideacr of tic truth of the statenrenK mide thertin. Tr~lec <br />riaM apptlix Ibe.ptrapedlt of Iba sale ~ the foibwi~ or r. (a) to afi reasoaabic casts and txptoses of Me sale, iacludiai, Dut <br />rr/ BISM~i Y.. TrtaMS'a team of mN more ttraa ~/ 1. G f 1 "< of fhr gross sale price, reasorabtt attorney's fees and ros6 of <br />flge #vitsllra; #1~ to tlY srtwt srcaled by this Geed of Trust: and ic) the exceal, if nay, to the person or prrsoas legally entitled <br />tiaala. <br />14, Bararrer'a RkYt to Rebuadt. ,"kat'a•ri!'txtanding fender's acceleration a£ the astm+ secured by th+s Dead of Trust, <br />Borrower zlsell hav~r tlrr right to tta.ve aa)• prz+nerdings begun krv Lender In enlarrcr this Dred cst ~intst drscuntinued at <br />iayr' #ime prini'to the cariter #o raccrrr «f 1tl tisu hfih day before for sale cd fhr Prtxperty pursuant to the power of sale contained <br />Irf titisl?ccsf of Trust ar #ia) scary of a jtadgtiycsst enforcing this L.lecd of Tnezt +C at B trrnwec p~a>;+ t Bader csi! Sum, whrch would <br />(sstlum dot urxisr this Ikrf of Trarst, the r:otr sad (sates ±cct:nng i'uture Ad arxre. rf any. had n„ aecetet.vion rxcurred: <br />flxf Borrs'rwae eut'tes all Irrearktrx of any uthrr bwvraaause ar ogrrenatntc ,sF t3orrtawcr cur, (:arced ire then f}crd of Trust. <br />(s~i IMwtm+xvrr pays ail rsiavrsaatt{p rxWrrrtaa mrurrCd b} ta~tdrr an_( Trastrre ra+ eirfeevirsg ass _a,.cna rat, and aatrevntrm+ „t <br />1'4ccrrt?w r, s. w-~: in !tr~x l~.ui i,d ~frU Sc and in €mfnrc~trzg i erufex's s,rci '1 riatfr < rci*r - r s s, ttrnc+Fltti rn r>,.ragr'nl+ii t k <br />tt~s`rrv,f, o: », hr~f nNt i,tatird i.. srsesxsnatsic aur,rne~ = fatx .+nt1 ttii R+,rs,r•-r:r t.=Eea yu• fi a Pes*r sr i c<ri3€; may re xarnatdt <br />rxviu,-. s,- , ... ,>- that cfr® 4aYxi .»f ibex Dtvaf ~t Free:- Ln;ncief>: entersct ,ri t#vr Ptvr~rt~, -sc,d 1#,vr., - . ,il.ttgat - i to a=a, <br />