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84"...Ir. fiGG855
<br />9. I~undemnatprx. L•c !•+,~.ecu, of :uq ew.uJ u. .I:um nu d;unogc,. J+rect ur conscyuenuah m connection with auy
<br />a,udcmnauon or other taAwg of the Pro)aerry, or part themot. nr lur convcy:utt"c m lieu of condemnation, arc hereby assigned
<br />:mJ shall he pail to I_endcr.
<br />-~ In the event of a total rAurg of the Property, th< pn,ceeJ, :.hall be applicJ to the sums secured by this Dced of Trust,
<br />wuh the races,, d :my, p:ud to Burrower. la the event ut ,+ panu0 taking of the Property, unlus Borrower and Lender
<br />otherwise agree m writing, there shall be applied to the sums uwred by this Deed of Trust zuch proportion of the proceeds
<br />ns is cyual to that proportion which the amount of the wms ,curie) by this Dced of Trust immediately prior to the date of
<br />taking turn rs to the fair nrarkct value of the Property immediately pour m the Jate of taking, with the balance of Ihe proceeds
<br />paid to Borrower.
<br />If the Praperty a ab:mduned by Borrower, or i(. after notice by Lender m Borrower that the condemnor offers to make
<br />an awurJ or settle a claim for d,unages, Borrower laih to reopened nr Lender wdhin 30 days after the dire such notice is
<br />mailed. Lender is :uuhurrzeJ w collect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Pngxrty or to the sun,., securcil by th+s UceJ of "Trust.
<br />Unless LenJcr anJ Harrower olhcrw uc agree m writing. ;uty wrh apphwtian of proceeds to principal shall not extend
<br />or (xstpone the Juc Jatc ut the monthly installments rclerrcd m w paragraphs 1 and 2 hereof or change the amount of
<br />,uch installments.
<br />10. Ibrruwer Nol Released. Extcnsiou of the time for payment ur nu,Jification of amortization of the sums secured
<br />by this Decd of Trust gr:mlcJ by LcnJrr eo any successor m interest of Borrower shall not operate to release, in any manner,
<br />the liability ut the original Borrower and Borrower's successors in interest. Lender shall not be required to commence
<br />proceedings against such succnsor or refuse to eseenJ time for paymcm nr otherwise modify amortization of the sums
<br />,ecured by the Dced or -Frost by reason of any JemanJ Hindi by the original Borrower and Borrower's successors in interest.
<br />I I. Furbcurrnn by Leader Nut a Waiver. Any lonc~ar:mce by Linder m exereisnrg any right or remedy hereunder, or
<br />olherwtsc :JGrrJeJ by apphwble law, shall nut be a waiver of ar p+edude Ihe exercise of any such right or remedy.
<br />€' I~hr procurement ut insurance: ar the payment of taxes ur other liens or charges by Lender shall not f>< a waiver of Lender's
<br />C- nght In aca•Icratc the n+alunty of the mdebtcJncss scwrcd M} this Ucrd ul "Trust.
<br />12. Bemedics ('nmubdive. :\II +~mnfin pn,a+dcJ +u thu UccJ ul "17u,t are distinct anJ cumulative to any ether right
<br />r>r remedy under this Uccd ot'frust ur aHorJcJ by law or cyuity.:u,J may he exercised concurrently, independently or
<br />€~ successively.
<br />13. Sucnssors •rnd 4ssi);ns Bound; Joim and Sever:) Liability; C•aptloru. I hr covenants and agreements herein
<br />euntaincJ shall hind, anJ the rights hereunder sh;rll more «,, the rrs prc«ve successors and assigns of Lender "rnd Borrower
<br />object to the provisions of paragraph 17 hereof. All covenants ;mJ agreenacnts of Borrower shall be joint and several.
<br />- The captions :md heaJings of the par graphs of this Decd of I nut :uc tar convenience only and are not to be used to
<br />interpret or define the provisions hereof.
<br />li. N.rlin. Except for any noti,.e teywmd under ^pph<ablc l.+w «, be given m another manner, (a) any notice to
<br />~', Borrower provide) for in this Dced of Trust shall he given by maihny, catch !write by certified mail addressed to Borrower at
<br />the Propcny Address ur at such other address as Bon'owcr m.+y Jc,+gnam by notice w Lender as provided herein, and
<br />ih) any notice to LenJcr shall br given by cerutied marl, return script reyunted, to Lender's address stated herein or to
<br />such other address as Lender mar Jntgnatc h} nutmr w Harrower a, provided herein. Any notice provided for in this
<br />Deed of Trust shall he Jeemrd to have been gtrcu a, Horrow<•r ur 1 ender when given in the manner designatW herein.
<br />IS. Uniform Dced of "1 nest: Guverninl: Low: 5ecerrbilih. 1 h+, iorm nl JceJ of trust combines uni(arm covenants for
<br />notional use and nun-unduun covenants wnh LuweJ van.u+,m, ba. ,.+nsJrd am t+, constiwte a uniform security instrument
<br />., •cra+g real p,uµ: ,.u l;<..~ ,,; T r - `, 'I cu , ed !„ , + ~ of in< µarisd- - , whieft •hc Praperty h located
<br />In'thc event that u,} p town or <Iauu 1 !I .laced +~!+l not ~+tl+hr Nutt ,uud+ets with apphcuhlc law, such conflict shall
<br />not al(cc[ other pruvisnms at this D<eJ o[ Tna,l ,.r th. \,:!c ,.lu.h ..m b<• c+ven rI(ect without the conflicting provision.
<br />and to this end the pruvuiuns of the Dc<J c-a "Must anJ the \oec .++~• JeclarrJ to be severable.
<br />16. Borrower's Copy. Borrower shall be urnushed a oarlonned <opy at the Nmc and of this Decd of Trust. at the time
<br />of execution or after recordation hereof
<br />17, Transfer of the Property: assun€ption. 11 all ,~r .un pan of the Pn,prur or ^n interest therein is sold or transferred
<br />by Barcower without Lender's poor wrinen consnu, e,cludme +.+! the cre,auon of :i lien or encumbrance. subordinate to
<br />- this Deed of Trust, Ih) the cmauon of a purch;ne moor, xcurut interest «„ household appliances, (c) a-transfer 6y devise,
<br />)extent ur by operatwn of I:tw upon the death of ,, pnm lrn.nn m
<br />_ ' ~ ~ Lender ma}. at t cnJcr', option. Jeclarc :JI the sums secured by this Deed of Trust to 6ri
<br />immediately dui: and payable. Lender shall h:na wane) xt.'h npnon to aecelcrate if, prior to the sale or transfer, Lender
<br />and the person to whom the Property ,s to he salt or !runtcucJ n•ach ^greemem in writing that the credit of such person
<br />is satisfanory to I-ender and that the interne p:n able on ehe ,um, ,ecured by this Dced u( Trust shall be at such rate as
<br />LenJcr shall raµrnst. II Lender has wane) the opu,m lu .+:,cL~+.+rc pn,udcJ in thu paragrph 17, and if Borrower ~ successor
<br />in interut has executed a wnttcn assumption agrrenmm acccptcJ +n wining i~} LenJcr, Lender shall release Hurrowerfrom
<br />all abligalions under this Decd a!' Trust and the Nate.
<br />If Lender exercises such option to accelerto. Lender ,h.+il mail Dorrower notice of acceleration in accordance wish
<br />- paragraph 14 hereof. Such notire shall proridr o period ul n.a Iras th:m itr Jays from the date the notice is mailed within
<br />which Borrower may pap the sums declared due. It 6orm,cer t.nls w po} such wms prior to the expiration of such period;
<br />- Lender may, without further notice ar demand un Burrower. u,+-nAe an} remedtcs permiued by paragraph 18 hereof.
<br />NoN-UNtroaxt Coverrnn rs. Borrower unJ I-ender anther covenant and agree as follows:
<br />18. Accekralion; Remedies. Except as provided is para);raph 17 hereof, upon Borrower's breach of any covertdarr
<br />aRreemem of Borrower in this Used of Trust. including the co,cnants to pay when due any sums secured; by rhis:Dead
<br />of Trust, Lender prior dr accrkrolion shall mail noun to Burrower as provided in puagrapb-14 hereof specifyitl~:-(11:Ihe
<br />breach; 12) the actiuo required to cure such breach; (3) a dale, nm Ins Ihan 30 days from the date-the nolfctiv malted to
<br />Borrower, by which such breacA mull be cured; and (it thrt frilure Io cure such breach on or before Ihe dale-speciRed
<br />in the aotiee may result in accelerolion of the sums secured by this (>red of 7•rusl wad sale of the Prope14y: The-aotke
<br />shelf fnrlher inform Borrower of Ihe right to reinstate after acnlcration and IAe rightto bring a tour! aclbw.lo rlsseA
<br />the nun-exisletrce of a default or any other defense of Borrower m acceleration wad cak. If Ihe breach -fs -not cored.
<br />on or beforc,lhe da~tspeci6ed to Ihe Imlke, Lender at Lender's option may declare all of .Ihe wms secured- by This -Deed
<br />of Trust b be immediately due and payable without further dcuranA and may invoke Ihe power of srk and any fiber remedies
<br />pernritled~by applicablk taw. J.euder shall 6e em(Iled to collect all reawnaWe costs and expettses incurred fa purstria~ Ihe
<br />remedies provided in This paragrop6 18, includinK, but not limited to, retlsona6lr atlorcey's fees.
<br />If Ihe power of sale k invoked, Trustee shag record a nmice of Jefrub in each county in which Ihe Property or some
<br />partabereot is bcalyd and shall mail copies of such notice in the manner presa•ribrd by applfMabk-law fo Bwrower and to Ihe
<br />other person prescribed by applicable law. after the lapse of such lime as may 6e required-by applicable law, TrtMet dull
<br />(flue Pnak noliro o[ sak- to the persons and in thr manner prescribed by applicable law. Trustee, without denund on
<br />Borrower, shallstB the Property al public auction to Ihe highest bidder al Ihe lime and place and under Ihe terms designNtd.
<br />io the notice of sale.i• or or more paraYls and in such order as Tnutee may drtermiae. Traslte may postpor sak of tIB
<br />or way parcel~ot-the-Property by pa6lic annonncemenl m the time and pbce of any previouNy xhdnkd rak. Lender or
<br />Lender-'s desi~riee aiay prrchmY 11€r Properly al any-oak.
<br />Upm aceipl.a(.ptrymem of the peke bid, Trustee abaft delivn to Ihe purchaser Traslee's deed eoweyiaR 16e Properly
<br />- sold. 7'fte racBak liw Ihe Trwlee': deed rhaM he prima tack evidence ut Ihe truth of llle aplewrnb mide Iberein. Trrlee
<br />rhW apply Ihe of NI; t!ak i• Ihe followiiyp~.order: (at to all rcaxowahk costs acrd expenses of the sole. btcluiitq, bbl
<br />rut 4miled~/a. rttpr'r tees of rotmare Ihaw 1/ Z Of 4 ~ ut the gross oak peke, rcssonbk Mtoroey4 fete a.d case of
<br />t tv~i~entei{bl q W snru!:atcred -y Mix (teed of Tras1: and fr! the c:cess, it uy, 1o Ihe pttraon or perwr IegaYy antMkd
<br />L 19. BorrowertaRi~hl~..lo-ReblMak:.Notwithstanding l.endeis acccleratian of the sums secured by this Deed of Trusr,
<br />Borrower shall- kave.ttie.right to have any proceedings begun by Lender ro enforce this Deed of Tntst discontinued at
<br />- asrYtiniaprirx-tst thc-earlier to occur of (i) the fifth daY be(are the sale of the Praperty pursuant to the power of sale eontair€cd
<br />In this Decd of T'ifus6 or 6ij entry of a judgment enforcing this Deed of Trust rf: fa) Harrower pays Lentler all sums which would
<br />- ht Ihcn dot carder this Decd cal Trust, the Nine :md Holes sccunng Future Advanns. if arty, had nca acceleration occurred:
<br />(tr! tlorwwrtr cures all 6rcuches of any other covenants c,r agreements of Burrower contained m this Iked of Trust;
<br />- Ge! Harrower payx all rwxor€:€b!e exprutscs incurrcJ b} hcnJer anJ "'!'r rxtec in enlarung the covenants and agreements a(
<br />_ Bcrrurw r cnnttuncd u, ibis D,ti:d of Tnat ar+J in a,t rang f cotter', ,+nd f'ooter's remctiltcs as pr„sided in paragraph 'rt
<br />fnraazl, iskboding, (Rpt n,t1 hnmr.d tu, restsurvabM utriteot,y ices: aru! tJr Harrower takes such acriran as I,euder may reasanahly
<br />r~gtrtre fss asst:rte €Hat -the la>rr e[ ihir Decd of ~1`rrtti€. L.ender's mtercxt rn rlre Property and Harrawur`s ahtigatian to pay
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