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<br /> <br />by this iked of Trust iatmediazely prior [o the dace of taking bears to the fair market value of the Propertyuntttediauly prior ro thcdau:of <br />taking, with the balance of [he proceeds paid to Borrower. <br />1 i the Property is abandoned by Borrower, or if, after notitx by Lender to Borrower [hat the condemnor offers [o make an awvd.ot stxtk a" <br />claim Far damages. Borrower fails to respond to Lender within 30 days after the date such notice is mailed, tender is authorized to collect and. <br />ripply the proceeds, az Leudu's option, either to res[aranon or repair of the Property or to the sums secured by[ttis Deed of Trttst. <br />Unless Lander and Bortawer otherwixe agree in writing, any such application of proceeds to pri.-te#pal shalt trot exuttd or poriptine.the.dtte <br />date of the rnon[hty installments referred to in paragraphs i and 2 hereof or changrthe amount of such imtallntmts. <br />19. Bearower Not f3eietued. F:ztension of the time for pavmen[ ar modification of amortirstion of thesums secured by this Dtxd of Trust <br />granted by tends to any successor in interest of Borrower shall not operate to release, #n any tnaoner, the liabidty of the oris#nal -Boriowera[d <br />Borrower's successors ir. intutst. Lender shalt not Ix required to commence proceedings against such successor or refuse to eateod~ti(nnfor <br />payment or o[herwiu modify amortira.tion of the sums secured by this Ihrd of Trust by reasaa of anY demand-made by the original-Borrower <br />and Borrower's successors in interest. <br />ll. Forheanete by Learder Not a R'tdver. Arty forbearance by Lender in extrcisirtg any right or remedy hereunder, or otherwix a[inrtittd. <br />by applicable taw, stall not be a waiver of or precinde the ezercisr of any such right or remedy. The procnremmt of insuwnee or tht::paytnent'of <br />taxes or ocher liens or charges by tender short not tx a waiver of Ltndu's right to acczlerau the maturity of the indebtedness sceurtd by this: <br />Reed o(Tn:s[. <br />12. Remrdin Cumelatlre. All remedies provided in this Geed of Trust arc distinct and cumulative to any other right or remedyunder this <br />Deed of Trust or afforded 6y law err equity, and may bt' ezucised canturrentiy, independently or successively. <br />13. 5ecceaetsra sad Amiges 8oatl: Joht sad Several IJabWty; Caplioes. The covtnams and agreements herein ttitttained shah biml; and <br />she rights hereunder shal3 inure to, the respective successors sad assigns of I ender and Borrower, subject to the provis#ons of. pangnp!h_ 17 <br />herrdt. Alt covenants and agreements of Borrovm shall be Loin[ and stverat. The captions and htadi.t[gs of the paragwphs of this Deed-of Test <br />art for eonvententx Drily and art not to be rrsttl to in[upret or det'me the provisions hereat'. <br />Ii, Notke. F..xcept for any nottce rtqutred under apptitable law to be green in another manner, (a) any notice to Borrower provided, for in <br />a hts Deaf of Trust shstt bt gtven by mailing such notice by certified marl addressal [a Harrower at the Propetty Addrtxs or et such other address, <br />as Horrawer may dtstgnatt by nonce to Lender as provided hcreir., artd ib) an}' ntxice [o lender shag tx given by ctrtifial mail, return rarcipt <br />requested, id l.tnder'x address stated huan or to such txiur address as Lender may designate by notice !o }lortowa as provided her[dn. Any <br />notice pro+7dcd for rr. thes I?tcd of Trust shall 6e deemed to hour bcen given ter; Borrower or tender whrn given in the manner designated herein. <br />I5. tleftotm Deed of 't'reat; (;overeieg I.aw: SerenbiBry. [hts farm of deed of trust combines tmiform covenants for national tree and <br />non-uatform eovcnants w7th irtmtcd vanetiotis by jurtsdtcuon tc cansututt a umtorm security instrument rnvtring real properly. This Decd of <br />!runs shaIl Lae governed by the !aw et the tunsdrt7son sn whtch the Property is !txaced. kn the event that any provision or clause of this Deed of <br />Ln3si z3r ter tort canflista with appbcable taw, wclr cvntlect shalt trot afitct other provisions of ihts Detd of Trust or the Note which can be <br />gsvtr. revert wnhow tits a>ntlrcting prtrs;sian, end t.:? tn~s end site provtsxrns of the Decd of Trust and the Note art declared to be severable. <br />16, NtsrrowN's ('opy. &>rrc+wrr shah tx furnished a cunlonned copy ;?t she Nate and at Lists shed of Trust at the time of exetutian err <br />a73tr feCiTrd'd[3L*ri ttt[ta(_ <br />l7. I"nmfer at alrt ProPertv; Ataempdoe. ! [ sit err any pan of the i'rotstrty or art interes! ihue#n is seed err transferral by BOrrowtr <br />without Lender': peter written consent, rxciudrrsg (al :he <: rattan cf a ttctr ur encumbrantr subordinate to this Deed of Trust, (b) tht creation of <br />s purchau money security tattetst for household appitances, (rl a transfer bg ciesrsse, descent ar by operation of taw upon the death of a faint <br />tenant csr (dl the gram ui sny~ itasenaki mtcest et throe Yearz or iaxs not cc+ntat3xing an upnon to purchase, under may, at tender's option, <br />caaarr sit the auras >crrrtd i+y thrs i}ecd of 1~: art k= br ammedsattly due and payanlt. i.,:ndtr shalt have waived such option to auelaate if, <br />poor to thx sale o; transfer, LC[EdC and the person w wtscrcn the Pr<xptrtp a ttz trt sold or tratuferrcd reach agreement in wr#ting that the credit of <br />such ptrsun t> s~ttstaxor>' to tender sad that the tntnrst payahtr on the puma sts:urtd Uy rtes llrtd of "trust shad br at such raft as Lender shad <br />ra}ucs[. 3t i.rrhtcr toes was-red tnc opton tc atcritrat.-. pro*tdtd :n tln+ {aaagraph i'. and J Barreawa's successor in interest has executed a <br />wrnttn ussoniptton agrtrmatt a..:rpted itt ~"n.~ng by i.rnder, l ender strati rrlct><st Horrawer (ram cell abiigananr, under this Dtxd of Trttst and <br />the Nott. <br />if Lender exrrrtsrs aiv~it aywton t,? seec!eratt, !seder stwil mail Bamtw-rr rote Y of atrhrauan sn ac~yrdartce with paragraph I4 hrrtoL <br />Jur:n txxiCC strati prnvtdt a per ~d at cos ie:,s than lt' days tram the dart the nauzr ;a mstlyd within wni~h Borrower may pay the sums declared <br />dur it Itorrawer tails to pay such sumx poor to the expnatson exf such xncx, L.rnder ma}, wnhout Curthtr native err demand on Borrower, <br />tnvokt tiny rtrtsedms ix:mxted by' paragraph i 8 hrrcvt <br />N(}t+;~(I;VIF(}RA1 CY)L'ENAh'TS. Harrower and L.tndtr further covenant and agree as follows: ~ ~, ,~_.,; <br />tg. Aaekntioe; Remedlrs. Facept ax Pro.idrd in parakrtrpk I7 htirof, upon Borrowph breack ot+ftty.4o!esrul or ^grcemeet oY <br />Borrower u etch deed of Trost, Intiadtp the raresaets to wy rubes due any rove sectiral by fhb herd of Trust, Leader prior to atYeleratloo <br />sMB matt notcee to Borrower ere podded to pananpk 14 hereo[ spceityieat (I} the brcachc f2) the •ctloa required to cure aec- breath; (32 a <br />thou, Dot fetes tku 30 derya trove eke date of aotke b mailed to llorruwu, ray wkich sech breae6 moat he cored; tied (4) that taBen la cure such <br />bread[ ua w ketna eke date spaifl[d fa tse resets avy resaU ie acetienuor at the soma secured by tbia Deed of Trvsl sad nie of the Property. <br />7'ke nerkr xMN testier isfrrrs. Aorrosru of the rigU [e rrlauak after aeederatloa sad the right to bring a court actloe to assert the ooa- <br />eaittteara of a rktaeh or an7 Drier tfetear of Borrower to accderatlon and oak. If the hrtaek b oat rand on or before the dau specitkd fa the <br />aotke, ieeeder az ieinder'a optloe maY der4re a6 at the saw srcrrrrd by rhls heed of Trust ro be Immedlatdy doe sad PariDie wilioei further <br />deawd sad teat' broke the power of sak r~ say oiba rcreedlea permitted br appfkabk law. I~nder shalt be eatltled to cofkct all rcasoeabk <br />owls tied expeean ixarred le panrrieg ehe reeaedfea provided !a this paragnpb tg, iacinding, but not @mited to, reasonrbk rttoraey's tees. <br />It the t>uwa of aYr is Invoked, T'rtutee airdl raord a notice of defaW t in cock concert' to wbkir llte Property nr same Part thereat is located <br />and siW molt ratrka of sack aotlCe is rte manner pteaerfbed try applicaDk taw to Borrower and to the otker Pe'raoas PrcacRied by appiinble <br />taw. Afke for tape of strtk tease as rear be ayeircd by applknbk law. Trwte: shall give ireblk aotke of sak ra the pMwes and to Ike maeeer <br />praaeriitd ky ai~iksMk Ines, Treater, witioat dt>•and ere Btwruwu, shall evil tM Property at prbik aactloe to the hlRhdt tridder a[ iht tlme <br />ant ptrtr sad eadar ibr Ceram tlerigealed u the notkx of sale In one or coerce prrcris and to such order tx Ttwtee may dNerntlnr. Trtrsta neat' <br />aart9wae snit o1 nit nr aaT parcel of the Yropertr by Ra-lic teaoarxeeseac at for ricer sad place of any prcrlonsly stbedaled sale, tender err <br />leeier's daaiiee'e tsmY ptreirr tlis Property rt oat ode. <br />(iprgr rte! sf Mtreaet of tit peke bed. 7'nuttx eMB deU'rrr to [b[ pertbaser trustee's decd ennreytag the PropMy soW. 1'he rrcilrkt in <br />rive Treuee'a died rrW- k prtea+ fttek eviieace of the revert u! tae statemeeb made ttrerefn. Trtetee agall appry Ike proeteda ui the xak in Ike <br />fnifarfnK t>:dw: UM to-aY terweaiktroau ant eairrwsea of fire oak. IeefNleg, bat not Iiaalttd ter, 'iraatee's fees of nut more than -.-_ _. _... es <br />of the >~ irk gvtea, rearaeelda attoreeY'a tea and costa of reek ertdexr, the to cell gouts secured br fhb Dad of 'trmt; tied Ice eke clear, if <br />aa7r, to tke prrs+rn or Oaraeaa kgYfY tatltkd tbeeeto, <br />t5i. ilewruwes's Itigit ro Ketaalase. Natwfthstlattditu; Ixndcr', ai.Etftr attars .rl tae xum- .awrcel r=v ~risa t3eaf a4 7"next, Bxsrrnwtr dsati trove <br />+'~ ng-hi zo r-s atcY ~~iiyp argue by 1..¢xsd€r to cofr+zsc t:ris Lteed ~i €r +* ~ ,-., rases! ;3e ann v,n?e pr?sx s;r ttac carrier t,a =K•rus of i ~ i t ~.r <br />xafifi ds'y Lr,#'A~t flu Raze rst rho Prt?Prrty t?susiranx fez the t.J.wrr trt r~+~ ~aWV. as:~[S Ea t#ss iaettt of l :st ut earl ~rauy.ul..argdgr;unt et±ft+r,:~ne t!r+• <br />c"trrst rs€ Ttxt~st ~# (at ffcstrowtr (rawer I~eouer all nun+ rvhzelt ws?uit 4vr ~htr+ dtv srstdrr vsw•ftsrd ttf`i5ttat_t4'tka~ftl4st,and ni=tts ~^rnstng tssturt <br />