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<br />84 ~~Ci0740
<br />by this Deed 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 />talring, with the balance of the proceais paid to Borcowv.
<br />i If the Properly is abandoned by Borrower, or if, after notice by Lender to Horcowv that the condemnor offers to make an award or settle a
<br />t claim for drma{es, Borrower fails to respond 20 Lender within 30 days after the date such notice is mailed, Lender is authorized to collect and
<br />~' ~ apply tttaprtttroed«, at lender's option, eithv to rvtoration or repair of the Property or to the sums secured by this Deed of Trust.
<br />Unless Lendv aad~ Borrowv otherwise agra in writing, any such application of proceeds to principal shall not extend or postpone the due
<br />dale of the mon[hty installments rcferced [o in paragraphs 1 and 2 hereof or change the amount of such installments.
<br />/g. Sarlotts Not Sekaeed. Eattrnsion of the time for payment or modification of amortization of the sums secured 6y [his Deed of Trust
<br />-_ granted by Lender to any sttccessor in intvast of Borrower shah not operate to release, in any manner, the liability of the original Borcowv and
<br />Botrowe''s sttcceseors in intves[. Lendv shall not be required to commrnce proceedings against such successor or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by fire original Borrowv
<br />and llorrowv's sttccesaors in intves[.
<br />11. Forbeanaeeby Leader Not • blahs. Any forbearance by Lender in exvcising any right or remedy hveunder, or otherwise afforded
<br />by applicabk law, shall not be a waive of or preclude the exercise of any such right or remedy. The procurement of insurance or the payment of
<br />taxes or other liens or charges by Leader shall not be a waive of Lender's right to accelerate the maturity of the indebtedness secured by [Iris
<br />Deed of Trust..
<br />12. Reradia CurrWlve. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this
<br />Deed of Trust or afforded by law or equity, and may be exercised coocurrrntly, independently or successively.
<br />13. Sttoaarora sad Aeeipr Sauced; Jolt sad Several LiabW/y; GptWr. The covenants and agreements hvein contained shall bind, and
<br />the rights hveunder shall inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17
<br />ltueof. All covenants and agramrnta of Borrowv shalt be joint and caveat. The captions and headings of the paragraphs of this Deed of Trust
<br />are for wnvrnience only and are not to be used to interpret or define the provisions hereof.
<br />l1. Notlee. Except for any notice required undo applicable law to be given in another manner, (a) any notice to Itorrowv provided for in
<br />this Deed of Trust shall be given 6y mailing such notice by certified mail addressed [o Borrower at the Property Address or at such othv address
<br />as Borrower may designate by notice to Lendv as provided herein, and (b) any notice to Lender sttatl be given by certified mail, ream receipt
<br />reques[ad, to Lrndv's address stated herdn or [o such other address as Lender may designate by notice to Borrowv as provided hvein. Any
<br />.notice provided for in this Deed of Trust shall be deemed to have been given to Borcowu or Lendv when given in the manna designated herein.
<br />IS. UaNorr Dad of Trtut; Covsafag Lw; &verabfBry. This form of deed of trust combines uniform covenants for natio»aI use and
<br />non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covving real property. This Deed of
<br />Trust shall ba governed by the taw of the jurisdiction in which the Property is located. In the event [hat any provision or clause of this Deed of
<br />Trust or the Note conflicts with applicabk law, such confiiet shall not affect other provisions of this Deed of Trust or [he Note which can be
<br />given affect without the conflicting provision, and to this end the provisions of the Deed of Trust and the Note are declared to be sevvabk.
<br />16. Borrower's Copy. Borrowu shall be furnished a conformed cgpy of zhe Note and of this Deed of Trust at the time of execution or
<br />afro recordation hereof.
<br />I7. Tew[v of the Property; Ateuptiw. If alt or any part of the Propvty or an interest therein is sold or transferral by Borcowv
<br />without L.endv's prior written consent, excluding (a} the creation of a lien or encumbrance subordinate to this Deed of Trust, (b) the creation of
<br />a purchase money secunily intvest for househgld aDPllances, (c) a transfer by devise, descent or by operation of taw upon the death of a joint
<br />tenant or (d) the gran[ of any leasehold intvest of three years or less not containing an option [o purchase, Lendv may, at Lmdv's option,
<br />declare all the sumssecuted by this Deed of Trust to be immediately due and payable. Lender shah have waived such option: to acalerak.if,
<br />prior to the sale or vansfv, Leader and the person to whom the Property is to be sold or transferred reach agramrnt in writittg-that the vedit-of..
<br />such pvson is satisfa~rtory to Lender and that the interest payable on the sums secured by this Dead of Trust shall be at such rateas Lendv~shall
<br />request, If Lendv ttaa waived the option to accekratc provided in this paragraph 17, and if Borrower's successor in intvest~has. exauted a
<br />written asstunption agteemm[ accepted in writing by Lender, Lender shall release Borrower from all obhgationa under this Iked of Trust,and.
<br />the Notes.
<br />If Lendv exvcises such option to acceluate, Lender shalt mail Borrower notice of aceelera[ion k accordance with puagraph.l4-hereof..
<br />Such-notice atwil provide a period of not less than 30 days from the date the notice is mailed within which Borrgwv may pay, the sums declued
<br />duo. If Bottowv fails [o pay such sums prior to the expiration of such period, Lender may, without further notice or demand on Borrower,
<br />invoke any remakes permitted by paragraph t g hereof.
<br />NON-UNIFORM COVENANTS. Borcowv and Lender further covenant and agree as follows: ~- -
<br />tg, Aaait*rlioa; Bereiir. Exap/ r provided in prrrgn/b 17 hereof, upon Sarows'a 6earc~.-pr, say .eocp4rl or aaeeieat.o[
<br />Borrower V tbieDtai o[ 7Yret, i.dudlq the rnvearala to pay wYn due uy sore aaatred by We Owirt.Trrrt','>~~tier aArr M ~ealintiw
<br />spas erg aotla b Sorrows r twovidW k prrapytt 11 breot epaltyiug: (1)-tbeiupebt (J) IYe-ktlw rq~ fogre saes bteKl; (3)-a
<br />date, ttW keg tiaa 30 days trot the d•k of aotloe Y nailed to Hosows, by wbic6 aacb 6racb tart be cured; tai (1) Ibrl faYate to que,MeY
<br />breast ua orbef+ra the desk apeciM V the torts try nwlt is rccdsalba of tbe.aaar secured by.tYlr Dpi of Trrtaad ptle,.o6 tYe Bralea4':
<br />The wgee eW1 fMYr httorr Harrows of the right b relrnttatter rccelsrdea sad the rigN to brfai a court aNiru.to ttrrrl IYr aw-
<br />eakteata=oL^ defraN rr uy orbs deler« e! Sarawer a .ceekrauea r.d. stk. It tre Itrercb ~ aol ivtad or or betae tie date NedNH.ia tie
<br />artlce, I.eNs at Leach's optiw ary dpWe aY of the aurrseeved by tbk Deed of TrW to be irrediatdy due sad rayabk wiliaut.Irtier-
<br />darai rM ry iaroke the Press of rte tad say otter reredia perrltted 6r appllabk taw. f e~iar sYaU lreatilkd 19 onYa[t all KapYNa
<br />aiW tuM e+tlersea~lacrrted-ice praalag,t4 reredks provided it IYY prrrgnpb Ig, iacludtag, bat sot Belted to, rertrar6le atfeney!a far.
<br />U tYt pwe- ut pie 4 iuyoied, Tnaree abrp record a antler of default rR each eouap Ice wbkY tic P-oPerty or sore arrt.tbseo4b looted
<br />tad eWl-[aril cgllr d saM:lt ^otke V the truer yrnedied by apgkr6le taw to Sorrows rttd fo the olbtr [tenor Perectiied b r~tigble
<br />law. Arts-tie tagitc of utrb tl[ar r try baragdi«ei by appYdbk kw, firtWa «brY give pablkaotlce of ate m Ibe Peraoar sort k tie ragas
<br />pnreeiMd' iy a~lferik kw. Trartr, wUYOU[ detawt ou Srrrower, clog cep the Properly rl PuMk raCttoa to tM Ylgbtlit blMs N the tlate
<br />rtM gMp sat uwee the tvm- iaip}aNd M tie soda of-ark N oae w utore prroek tad to sacb order r Trrtee ray dekrrir. '1'rrtee ray
<br />pnagt4~e srk of tell M ray.ltpcd of Ibe reoleety by N6Yc ruraraaseut rt (be tine red Pkce or ray previorly «cbedaled oak., Leads or
<br />I:rMtt't'~diO!eRray grreMrr tie Prrlsety r guy pk.
<br />t7Nrr;teeelgfof[tryrral rt /be pets b4, Traatee elwW deitvs to Ibe purcbaes iruNa's deed coareyiy the Pralrsly cold. The ndtak k
<br />the 1'etrMe'adeetl ebrM M Rlra facie evldpa of the truti of /be e4teratb ride tbsch. TrtWa shall apply tie praceadt of for ark it the
<br />tWiawltt~ ~riwt [r1.M sit aerraaikraerud a~per rr tirark. lrcMtNty, wt uql Y;u[tad to, rruata'a tea oC not tore tbx ._~~._ ~'h
<br />of Megrytrttrie.~eMta;_ [tasrwMlaatterrry'« tea rri:ar4taf Wk evlderce; fb) to rtl aorss aecun0 hp t[tk Upd of Trtutt: sad (e) the aacas, it
<br />rty,.~ tM «rt oc gaiyr ky~.sriiYsd,ibrrato,
<br />19. Sort?pts'aSIRMwFaNrWbt.ltkuuvwithstatttfing tender's aeccieration of the sums secures by this i)eni of 7'nut, Barrowv slutll have
<br />t12c right. to ruses arty itrQCgail boitpn try Lettda~ [o enfatre this Dyed of Tru+t d[surntinasd st and. ti~ prior tr3 the cattle tc gtn,ur of (i) t#e
<br />fifth day before tf[o ark of the-Property parsuan[ fq the pgwrr of sak avntaitred in this !Seed of Trust qr (ii}entry of a judgmanl anforciog this
<br />1')syrdof' Trust if: Ie) )iturower pays Laa3er ail curets whi[dr w ba i)xri due under this I)aort of Trutt, rkse Ntbe and natal securing Futurt
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