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84 -- 0©1 ~ ~~ ~~^ <br />9. Coa/emwNba. '['he proceeds of any award or claim €or damages, direct or conaequentiai, in connection with any <br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of coodemttation, are hereby aasigt[ed <br />and shall tx paid to Lender. <br />In the event of a total taking of the Property, the proceeds shalt be applied to the sums secured by this Deed of Tnsst;- <br />with the excess, if any, paid [o Borrower. In the event of a pattial taking of the Property, unkas Borrower and'1:etWer <br />otherwise agree in writing, [hart: shall be applied to the sums secured by this L)ted of Ttus[ such proportion of-the-pcoeeeds <br />as is egtul to that proportion which the amount of the sums scctued by this Deed of Trust immediately prior to the- date..of <br />taking bears to the fair market value of the Property immediately prior to [he date of taking, with the balancrof the proceeds <br />-paid to Borrower. - - - <br />if the Property !s abandoned by torrower, ar if. attar notice by Lender to Borrower that the condemnor oHets to maktr <br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days offer the late -sttcfi` notice is <br />[nailed. Lender is authorized to entice[ and apply the proceeds, at Lender's option, tither to teatoratioo-or repair oftht•~ <br />Property or to the sums severed by this Dca} of Tintst. <br />Unless Lender and Borrower otherwise agrce in writing, any such application of proceeds to principal ahaB~ not extend-. <br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 her~f or change-the amount of - <br />suc6 installments. <br />(0. Borrower Net Rdesred. Extension of Che time for paytttent ar modification of amortization of the sums aectrred <br />by this Deed of Trust granted by Leztder to any successor in interest of Harrower shalt not operate [o release, is any;maarter, <br />the liability of the original Harrower and Borrower's successors in interest Lender shall not br requirt~'-to- commenge <br />pracetstiings against such sttt~•eessor er refuse to extend time for pavmenz or otherwise modify amortization of the suriis <br />secured by this i)eed of Trust by reason of any demand made by the original Harrower and Borrower's successo[a in-interest. <br />I1. Forbeuaace by [.ender Not a Waiver. Ang forbearance by Lender in exercising any right or remedy°hereundet, pr <br />otherwise afforded by applicable law, shat) not he a waiver of or preclude the exercise of any such ri~hit or remedy. <br />The procurement of insurance ur the payment of taxes or other liens or charges try t_egder shall not eft a warvet of Lettdu's <br />right to accxlerate the maturity of the indebted.-tens secured by this Deed of Trust. <br />l2. RtmetUna Cumtdmive. All remedies provided m this Deed of Trust arc distinct and cumulative to any otffer fight <br />or remedy under this Ueect of Trust or afforded ny law or equity, and may be exercised cancuzrently, ittdependtmdy or <br />successively, <br />13. Satteasors sad Asigm 6outtd: Joint and Several I.iaiMiBy; Captions. The covenants and ag[temenh herein <br />contained shalt bind, and the rights hereunder shall inure ta, the rtsptntive successors and assigns of Ltiider and Harrower, <br />sutrjea to the provisions uF paragraph 13 hereof All rovtnants and agteernents of Borrower shalt be joint and- several: <br />-Rte caphans and htadings of the paragraphs of this Dted of Trust are for convenience Doty and are not to tse use to <br />interpret ar define the provisions hermf. <br />I4. Notlct. l?xcept for any notice required under appncabtt Vaw us be given in another manner, fa) arty notice to <br />Borrower provided far to this L)ted of Trust shall be gts^en by mailing such notice by certified [nail addressed to Borrower at <br />the Prnperty Address or at such other address as lTarrawer may designate by notiu to Lender as pravidal herein, and <br />(h) any notice to leader shat) tx given by certified mail, return ree~eipt rcgttested, to Lender's addreu stated herein or ra <br />such ottfer address as Isndtr may designate by ttauce to Fbrrowcr as provided herein. Aay notice provitktl far in this <br />Deed of Tntsr shaft Ile deemed to have heen given to Borrower ssr I.tndtr when given in the manner designnfed herein. <br />IS. UaiUmn Heed of Ttvstt C.overaiag IAw; StverabBity. Tlus farm at deaf of trust combines uniform covenants for <br />national use and non-uniform covenants wnh hm:ted varianans by iarudintion to constitute a uniform security instrument <br />covtrinq real property. 'iTtis I)tcd at Trust shall he governed by the Caw of the turtsdiaion in which the Property is located. <br />to the event that any provistan ar rlaust of tots T?ltd e+f 7-rtri! or the Note conflicts with applies bee law. such conflict shat <br />oat affcet atttr provistons art rhis fiat of Trust or the Nate whrch can ht given effect without. the canflictmg provision. <br />and to this end the pmvtstans a2 the Creed of Trost and the Nate art da=laced to be severable. <br />l6. Btwrower'a Copy. Borrower shall fst [urnrstted a ionlarmed vopy of the Note and of this Detd of Trust at the time <br />at extrutian or after retardation hereof. <br />!7. Tt^awter of the Prepeny; AnwtepMsn. ff all or an3 pan of the. Praptrtp or an interest therein is sold nr transferred <br />by Iorrower withouE header's prior written consrnt, txc~tidiag s n t [he cr¢aeian of a tiro nr tncumhrance subordinate to <br />this I)ted of Truss, th) the creation of a purchasr mnnty seturiry tnttrtst tar hatxschdld xppliatxes, tc) a ttansfer by devise, <br />descent or by operation of law upon the death eta )aint tenant or td) the grant a€ any Itasthald interest od three years or Tess <br />cwt cotrutming ar. option to purchase, t tndcr nsay, at t. rnder's op(wn, declare nit the sums starred by this Decd of Trust to be <br />tmmesitately film and payable Lender shah have warred such [spoon u+ acarltrate it. prior to the sate nr transfer. Lender <br />artd thr. person to wham the Property rs to 6t s.:sld ar iransftrrrd reach agrtemnnt in writing that the credit a€ such person <br />s satisfaaory to Lender attd chat iht interest payable on the sums scoured tvy this Dttd tit Trust shall be at such rsic as <br />Lender shaft tegttesi. tf }.ender nos wasvaf the option in scccltrate pravidril in this paragraph C 7, and if Borrower's successor <br />zee m[errst bas executed a wrtiten auumptioa agreetntnt aecepttd to venting by t.tailtr, Lender shalt release Borrower from <br />sit obUgaLions tttxkr this [lead of Trust and rx`teN'ete. <br />if Ltndtr oxtreises sunk option to acrrttratt, lrndtr sAa[I msil Harntwer notiet tit acceleration in aceardance with <br />paragraph i4 hereof. Stith nontt shn0 provsde a parlor[ of not leas than 3Cl da}x from the Batt the notiet is mailed within <br />which Barrowtr Wray say the sums declared dot. ft B,~ncswtr falls to )say such sums poor to the axpvatian of such period. <br />t.tntler may, without tutttra nc'tuct or demand an Barrx>wtr, mvaF.e any remedies permitted by paragraph ig hereof. <br />Na»-IS tvfrveaxt tcrvxxxxrv Borrower and t_etxier further covenant and egret as follows: <br />ig. Acrrkrariotr; Rtmedits. F:acepf as provided ua pvaRraph 19 hereef, upon Bmmwxvs breach of any covenant ur <br />ag(te+weaf tit Borrower is th8 Uetd a# ]'rust, imluding the covegants to pav when due any soma secured by this Deed <br />of Trust, Letrtkr prior to uccttrra(k*n shaft end nmire to Borrower as provided in paragraph 14 hertof sperifyitrg: (T) lilt <br />breach: f7) the acf#oe reyuirrd to cure such [attach[ i3) a die, tent less than 78 days from tM dale thr troika ~ mailed io <br />Ibrnrwer, by wAkh such Dreath must b+e cured; amt {4) oral failure to care such breath on or 6tfore the dale spestified <br />in Clue aotke tear rdrlt iq acrelentian tit the soots stcuted by this Deed tit Trust amt salt of the PropeAp, 'i'hc ntice <br />shall further iaforvt Borrower of the tght to rtitWate after aecrferatioq attd tht rtghf to bring a court action to asstA <br />the troq-exblencr of a tiefauN ur any tither defegse of Burrowrr Eu arrtirnlioe and salt. If the breath is not ruttd <br />tin ur before the dMt specil[rd in the ttolice, t.txdtr at Leader's option may declare all tit the sums secgred by this T)erd <br />of 'Trust to be imrutsitately due and payable without further demagd and stay invoke (hr pewtr of sale and arty other remedies <br />pettatifted by app6rabk taw. Lender slr~ he rgtilMd to cutlet[ aN rcasonaMe costs and expenves inrutrtd in pursuing the <br />ntnetiies peasided in this paragraph 19, igtiaditta, bat oat timilcd !o, rrasofuWe anorney's fees. <br />if the powrr of sale its iavaitttd. Trustee shall rernrd a nolke of dt(autf in each rougly in which the Property or some <br />part theteuf is located and shah snail rupks of such trotke in the gunner prescribed by applkabk taw to Burrower and br the <br />fiber perwas prescr~ert by ttpplicafde taw. After the taps[ of such [tone ac may be requited by applicable lave, Trustee shah <br />give ptthik +rWirt of sale to the persons and tq (he mrmtter prescribed by applicable taw. 'Cruateq without dtmmd tin <br />Norrowsr: stroll seB the Property at public aurtten to tilt highest Mddtr at the fimr and piacr and uurfer the terms dtsignafrd <br />ie the aatitt of sale iA one w moro parcels and iu sach order as `frustte may dttermine. Trus[tt may pustpoge sale of ail <br />or nay pare[[ of the Property by public aarroartterneM to the [late amt place of any previousi,Y srbedttled salt. Lender or <br />Lenders detgaet tww, }rweltie thr Pmptny at any sak. <br />L'pao rtceip/ of payaarati of the price hid, Truster shall deiivtr to the patrfus'tr Trtgdet`s deed caoveyGfg thr Progeny <br />osfd. 'I`ht rYtilala tar [he T'rusltt's rfted strait tx prune [stir evideeus ~ the [tvfb of the staltttnstta tterdr flteratitr. I'rustiet <br />s1utU apply the pructstdai of the rule let Ehe fulbwistq tuner: tat to alt ravtaonttble rttsfs wed txprnstx of tttt sale, ittciuditrg, hni <br />ntA iYtWed tu. Tttehe's fears d nW null[ than k of 1 c ttf the gross salt prim. reasonaltk atlonrev's frt.. atxt r~s n(t)t'k evidens-e; <br />!b) N tdfsums:tattu+td by this D~tvd of Trwst: and fct ibt txreas, if wry, to iht prrsaf w prtxaurs la^(cally tnNEird Utcrrlo. <br />tR 1Mpanrer"a Right m Reiastale. Nax wYthstundmq [.rnata:r's aeerftrattun at ihr tams sour ^ct by Chtt Th-td t±f 9"n sst. <br />Bwtrawer shat[ have the right to have soy prsscttdiag; lstqun tfy !.¢ndtr to ctrfnrct thts Tktd of 'f'rtxst .lssuamtnuttt ss <br />nay tiu+c prteu to itx r4rlarr to ssrctfr of tit the fish day titterrt ihr Batt at sot Property pursuant t+± the pcswtr z+I safe nsmatttrd <br />+u that T)txf kn T"rani tx {a) tm of a Issdgrntrtt retfurrinq rhis i~`ti) of Trust sf: tat Oarrtnstr page Leader a0 sums whrch wc*etfd <br />tst t#ttrs dot umfdr i)xrs 1'ratd csk '1Yasta, the Mute and Worts s~teunnq t^aaurt rldv;atrc¢s_ ~t' anp. had mo aecrteranoq +~H:curred: <br />ti:t Unttsswcr cures ~) t+rtac:hcs erf any +uhrs ,:nvenantt or agreements clef Oorttsw~tt ccxn[amed in th+s lhtil at -True+: <br />tct Burrawtr pa>~: a[t rtatstvtatNe txptnsty +tx.urrtd by Etndrt and 't`rrtstct rn s: nforcmp t!se :.nveumtut tsnd agrccnsenta +ri <br />Bta~rvrtt' es'atYaisstaf in rhts C)cad tsi Trust a;td rn art#rtrrmq lender's ;;rid Iruttcts crrtxdtts as pr<svsded to t.,rragrxph iF <br />[atilt[#, itx,lcrifiriyr, bra,' u€tt lanuted to. teavWtahle at[rxtfty's fcts;. and td} Nortsuvtr takes sus:ts antnm as l.rnder rna5~ reaeunahly <br />rCgttirt r~* astwtrt that tilt Cctn ext this i7`ctrd *st TFgst l.eudtr's intatust =r= she Prigstrto ;end Bctrrs>~er's abbyratsarr t,~ tjat <br />