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$4 --~)OC~ f37
<br />by this Deed of Truss immediately prior to the date of taking bears to the fair market value of the Property immediately prior to the date of
<br />t taking, sri[h the balance of [de proceeds paid to Horeowtt.
<br />it the Property is abandoned by tloreowtt, or if, after notice by Lender to Borrower that the condemnor offers to make an award or settle a
<br />claim for des
<br />tinges, Borrower fain to respond to Lender within 3p days after the dale such notice is mailed, Lender is authorized to coilcet and
<br />apply the proceeds, at Lender's option, either to restnradnn or repair of the Property or to the sums secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend or postpone the due
<br />1- date of the monthly instaWnrnu refereed to in paragraphs I and 2 hereof or change the amount of such installments.
<br />]0. Borrower Nos Relate/. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />granted by Lends to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and
<br />Boreowtt's successors in interest. Lender shall no[ bt required to commence proceedings against such successor or refuse to extend time for
<br />- payment or otherwise modify amortization of the sums secured by this heed of Trust by reason of any demand made by the original Borrower
<br />and Borrower's successors In intttest.
<br />11. Forbnraaa by Leader Not r Wrira. Any forbearance by Lender in exercising any right or remedy hereundtt, or otherwise afforded
<br />by appharbie Isw, shall not be a waiver of or prelude the exercise of any such right or remedy. The procurement of insuranrz or the payment of
<br />taxes or othtt liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this
<br />' Deed of Trust:
<br />12. Rerredkt Gsrhdve. All remedies provided in this Deed of Trust are distinct and cumulagve to any other right or remedy under this
<br />Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or succYSSivdy.
<br />t3. Sumstrrt rr0 AWgr Bord; Joir and Sevens IJtbitlry; Gpdom. The covenants and agreements herein wntained shalt bind, and
<br />the rights hereunder shall inure [o, the respective successors and azsigns of Lender and Borrower, subject to the provisions of paragraph f7
<br />hereof. All covenants and agreements of Borrower shall be joint and several. The captions and headings of the paragraphs of this Deed of Trust
<br />- are for convenientx only and ere not to be used to interpret w def ne the provisions hereof.
<br />]0. Notfce. Eaccept for any nonce required under applicable taw to be given in another manner, (a} any notitt to Borrower provided for in
<br />this Deed of Trust shah be given by mailing such notice by certified mail addressed to Bortower at the Property Address or at such other address
<br />as Borrower may designate by notice to Lender as provided herein, and (b) anY notice to Lender shelf be given by ttrtifitd mail, return rettipt
<br />requested, to Lender's address stated herein or to such other address az (.ender may desigrute by notice to Boreowtt as provided herds. Any
<br />notice pros7ded for in this Deed nt Trust shall tx deemed to have been given to Borrower or Lender when given in the manner designated herds.
<br />IS. Ud[ors sled of Trost; Goverdq i.aw; Sererabitlry. This form of deed of trust combines uniform rnvenants for national use and
<br />non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Decd of
<br />Trust shall [x governed by the law of the jurisdiction rn which the Property is located. In the event that any provision or clause of this Dxd of
<br />Trust or the Note conBias wild appticabie law, such conFlict shall not affect other provisions of this Detd of Trust or the Note which can be
<br />given effect without the rnnFiicting provision, and to rhea end the provisions of the [ked of Trust and the Note art declared to be severable.
<br />[e. Bortower's (:opy. Borrower shalt 6e faanished a conformed copy of the Noit and of thks Deed of Trust at the lime of execution or
<br />after rtt~otdation hueof.
<br />17. 7nmttt of the Property: Asaspdur. if all or any part of the Property or an iniertst therein is sold or transferred by Borrower
<br />without [.tndtt's prior written consent, excluding {a) tiro creation of a tier or encumbrance subordinate to this Deed of Trust, (b) the creation of
<br />a purchase money security interest for dousehold appliances, (c) a transfer by devise, descwtrt or 6y operation of law upon the death of a joint
<br />tenam or {d) the gran[ of any leasehold interest of three years nr less not containing an option to purchase, Lender may, at Lender's option,
<br />declare all the sums stx7tred by this Dctd of Trust to be invntdiatcty due and payable. Lender shalt have waived such option to accelerate if,
<br />prior to the sale t:r transfer, Lender and the person to whom the Property is to bt sold or transferred rtach agreement in writing that the credit of
<br />suede person is satisfactory to Lender and that the interest payable on the sums soured by tdia 1)ted of Trust shall be ac such rate r Lemltt.shal!
<br />request. If Lender has waived the pption to atxdttate provided in tttix paragraRh l7, and if Borrower's successor in intttest has executed a
<br />written assumption agreement accepted in writing by Lender, Lendte shall release Borrower from all obiigatlons under this Dad of Tntst and
<br />the Note.
<br />If Lender exerizses such option to acceteratt, Lender shat) mail Borrower noticY of acceleration in accordance with paragraph 14 hereof.
<br />Such notice shall provide a period of not Tess than 34 days from the date the notice is mailed within which Borrower may pay the sums declared
<br />doe, tf llotrowtr fa91s to pay such sums prior to the txpiratinn of such period, Lender may, without further notice or demand on Borrower,
<br />invoke any romedirs-permitted by paragraRh 18 berme.
<br />N()N-UNIFC)RM COYGNANTS. Botrowtt and Lender further covenant and agrt~e as follows: -
<br />]g. Acakrrdua; Resells. Exttpt r provided (r pargnpi t? hereof, ugar Bor[owe'r~brprY,~.o/_~suY.,zabrayob.or yngert. of
<br />Borrower i• thk Del of Trrt, iatirttlrg the rorerra4 to pry caber dtx rrY same aecrred by tWt 1)ad of '!'rmt,-Eerier prfor to ttt:cekntla
<br />s-rY trrtl aotke to Borrower r prorfled !t ptrgrrph 11 hereof apeciryiq: (A rite brerM; (2) the rcdor a9alred to nn ttrch beach; (3) •
<br />Ark, rot kp~thra JO +.ri trot rile l.te of aotke h mrikd to Borrower, by wWei arch breech seat lee erred: aced (~) Wt faYare-lo crre tech
<br />breech oa or before tic M@ sPrdt#rd i• Ibe roles sty real) 4 rn:krrtlor of the arm ttawred b9 tW Dcd of Trrt zed ark of the PropMy.
<br />The rotke shrY trrther idors fforrowa of the right to reiratah after rccekrrdoa cud tie right to brig • cotrrl rcdoa to retort rite ttoa-
<br />exk4wte ofa lefawk_r ray other defeas of Borrower to rtttirtdw zed ark. If the Maeb is sot crM or or before Ihedate specifkd i• the
<br />notices, Lsriar M Leader's aplba ry dedrre W of tYe sans secrred by thl- Deed of Trrt to be #srd4ldy Are zed paytlk wilhort frrlher
<br />detrtrr0 zed s.y yroke the power of ark zed ray ether rerreiks pttsittd by rPPikabk law. Lender thrtl k ertltled to toiled W reasearblr
<br />cotta sad eaperw ircrrrd V prrsriq the resedks Provided #r thk prrgrrpb ]g, inttadiq, bet cal Idrlted to, rerwtubk rUOneY's [cot.
<br />tf We lwwer of retie M:lrvobad, Trrlee ahrtl record • aatke of defartt to each corny la whkh the Properly or sale pre thereof k looted
<br />and tMY rail ospks of arch rodeo i. tbraurrer prettxibed hY tpplkabk law to Borrower red to the olba itsrrsrs prescriitd by applkabk
<br />hw. Aftr (fee irps of Ndt Woe r nay be rogaYRd by rpptlabfe±aw, Treece sbdl giro ptrblk notice of erk to the persors zed i• tiro asrw
<br />prgp#Yel: by stpP~cabfalrw. TrrNr, w4hotti dosed oa Ilorrowa, shall- seN the Property rt prhlk aoctlor fo the frigbpt 6dddr at the doe
<br />rd:P4pyrd_asNv the Orr daigarird b the aotke of ark it ore a soretrrrceh red i^ arch order s Trmtee say detersire. Teske my
<br />payoat stile of rtl or nay Prtsf of tfw ProPertY by Prfrtle usrwrcetaen r the dine end plm of rry prevlotrsiy acbdrkd trk. Leader or
<br />frbi_ ~•s daigaeR asY p[srr-rs the Praptr~y u xy rrk.
<br />11pof ert>,ipt,rf ptgtrtrrt of the peke lid, Trrstst thrtl detlvp to the prrebrsa Trwies°s dad twrve}iq the PropeAY soM. Tde rollers (r
<br />tbs Tewr'r skei stieM -s prprr Irdc s+iderrs of the teeth at the ttrtasaY srdt tfteMr. Tutee shell rppiy the proceeds o[ the ark it /ht
<br />foilawl~MMdtrs(tt} a r1# rgtwrYe eau rM ertMrtss of the ertM. iachtiftsg, but not IlrafW to, Trrrta's face of rot sore [tar a__ __ _.~
<br />td IMe grop+nieprke, rsrtoa~Afe Mtoraey't fop red ewer of tide tridsas; (b) to rit area accord by t-b Ued of "irwt; red (cJ the excess, if
<br />rrl, tat the isetsor.oe ptatoaitfepBlr aidtlel tierato.
<br />19. tgsrtovrsr~t kigltkta Rsintra. Notwithstanding Lender's acreierarton o(the runts sea:tutd by this Deed of Trutt. &~trrowtr stroll have
<br />tfta right xo irxvs any proeestitittgs#wgun hY Lands tz; enforce ills fkxd of Trust dtseonttnutd at any nttx Rriru to the earlier so cx-cur of tit the
<br />t((tA day ixftrss tix pit cN tits Fropcny pufxuant W fdt ptawer of asst coataitred tit ells t7zpi of Trust s>r Iii} entry et[ a lodgment tntivetrtg tdm
<br />17sni of Treat sf; ter) Lkzrrowcr prF!r E.tr~r' at( some which would #t thin dot andtr reels fJted of Trust, six Nntt and soars se~uting Fvturc
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