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<br />4 l/~~ 1~P} ~n <br />9. fbndemnation. l he pracec.~. „t am .~+, and ,++ ~lamr t_n damages direct ar ,:onsequenttal. in en~rtettTi9n-uLlth any <br />condemnation m other taking of the F'moa•n y, ar part theteot, or Inc amveyanrr in lieu nt condemnation, are hereby assigns <br />and shall he paid to Lentkr. <br />fn the event of a total taking of the Proper y, the proceeds shalt he applied to the sums secured h}' this Deed of T7ust. <br />with the excess, d any, paid to borrower. In the event of a partial rtking of the Property, unless Borrower and 1-ender <br />otherwise agree m writing, there shall he applied !o the sums ,ccured by this Deed of Trust such proportion of the prceecds <br />as is eyuat [n that proportion which the amount of the sums srntred by thts Deed of 'trust immediately prior to the date of <br />taking bears to the fair market value nt the Property immediately prtnr !n the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />T[ the property is ahandroted t+y Borrower, ar if. after notice by Lender to Borrower that the condemnor offers to make <br />an award or settle a claim tar damages, Borrower lads to respond fn Lender within 30 days after the date such notice is <br />mailed- Lender is authorized to collect and apply the proceeds, at Lender's option, either to resloratinn or repair of the <br />property or to the ,cams secured h}• this Ueed of Tnnt <br />Unless Lender and Dorrower otherw rse .egret m wrnmg. any such apphcahan of proceeds to principal shall not extend <br />or postpone the due date of the monthls~ mxtaltments referred to m paragraphs I and '? hereof ar change the amount n( <br />such instailntents. <br />IB. Borrower Nw ReleaseA. Extrnvnn e.t the nine for payment t>r nxnhfication of amnruzanmt of the sums secured <br />h}' this Deed of T'nr,t granted by t ender to :mv ,uc<rsxn' cat tnterest of Bnrrower shall not operate to release, in any manner, <br />the liability of the nngtnal Borrower and Borrower', wccrssars m utterrst. Lender shall not he required In commence <br />prr+ceedings agamet such succesun or refuse m eaten, nine tr,r payment or of herwtse modify amortization of the st+ms <br />+ccured by thts Derd of 'Crust by rcaa.~n a£ am demand trade by the nngmal Borrower and Borrower's successors in interest. <br />11. F'nrbraranre Ay Itwder 10l a K'ais rr. .\nv 6~rhearancc by I ender m exrrrisnrg any nght or remedy hereunder, or <br />otherwtsr afforded by apptira hit taw ,hall n+.t t>< -, w;uvcr of or prrcludr the txercrsr of ant' such right or remedy. <br />Che pnuurement nt insurance ++r the pavmert of taxes rr other liens ar charges ba 1 ender ,half nett he a waiver of Lender's <br />n ght to accelerate the matunn of the utdehtedress ,enured h} this Dred of •T~rust <br />12. Remedies Cumulwtirr. Ali ~enxdm, pro.,.lyd =ar the, Deed ,tt Trust .ire dtsanct and atmuiauve to any other right <br />or remedy under thrs Ueed of Trust nr .utorded i>e L,w ar ryuus. ,and mac he exercised concurrently, independently or <br />surcessrvely. <br />IJ. Sureasars and Assigns Btmrtd: Joint and sevrrul Liability, Captions. The covenants and agreements herein <br />comamed shsll hind, and the right, hereunder ,hail azure t;:, the respeetn•r sueccysnrs end assigns of Lender and Borrower, <br />sublcet to the provtsrors nr paragraph !' hereof AL' rt*vrnantx and agreements of Borrower shall he joint and several. <br />The wpuons and headwgs of ;he paragraph.. +rt !his Used .+t -crust .ire for amvcntence oni} and are not to he used to <br />rnterpret or define the pmatstons hereof <br />11. Notice, l3 xcrpr tnr any n<>itnr reyurted emirr applicable l.,w t,t he~ grvrn to another manner, ta) any' notice to <br />Bnrrower pnrvuled for m this Dred of -crust ,hall hr green hs ma;hng wch nonce by ecr,tfied mail addressed to Aorrowtr at <br />the Property Address or at ;uch other address -„ born+wer +nay de,tgnatr hy- nonce to Lender as provided herein, and <br />ibt any nonce a+ Lender shat! he green be ,,cn,rird natl. return :ecetpt :cyunteil, to Lenders address staled herein or to <br />such other address as Lender rna} devgnat<• t,e nonce to Hnrrawrr a± prat ided herein Any nonce provided for in this <br />L7red eft Trust >halt he dremcd 'a base fxen grvc•n t.. Borrower ,+r I ender when given m the ntxnnrr designated herein. <br />IS. Uniform Deed u(7nnt; Guvrrninc law; lrxerabNiH. 1 hn Irn rn :+i ~ceJ of tnttt tomhtnes undnrm covenants tot <br />nanonnl use and nao~undarm ,- •wnty wnh ti carted ~anat.,.n, ht ;utiadu non t., .nrnsnttve u uniform secunty instrument <br />,rotting real propene Chu Used<,>t it cast ~hes , +rd ht the law .,t the pundn non m whrnh the Property tz tcn:ated. <br />In the event that arts provrc±an .,r .feune ,~t thn. 1)ce~t ~re rl nut .,r alit ti.+tr ~,va!h<;, w-uh .,pphcable law. such a?nflic't shall <br />not affect other pmvuwaa •+t thrs Urcd -,f t. cast :rr 'hr `..ac .+htnh .cn rflert with++ut the cantlicung provision. <br />u t c v <br />and to rhtt end the pruv,s,.un ,,; if=s Urc+t .~t i tent .+,.! •hc \.ur ..tr .trs tar c,l t,, tx srvrrahlr <br />l6. 6orrowrr`s Cap}. Horrawrr-t~.d: ^c •.~: „+.hrd .:.,can.±nned .-+~» ,~: ih. 'vettr and cal thin Deed of Tnnt at the lime <br />++l cxectuton or afar rrc;>rdat;an hereof <br />17. "Traws(cr of the Pnperty; A~untptian. (f alt .,, .m: pall of the Proper, +~r an tnterest therms is sold tn'tramferred <br />by Harrower wuhovt t.erdrr's pnn~r ur:tten -.+n,rm. ts<ivding +- t tits r:rrat,.ut of a lieu or encumbrance subnrdmate to <br />thu Ched of Trwt, t ht ;he ctrauon :,t ,, ;~urrha,r :+t,n,c. secant} nucrrsl far hnuerhold ap tifances, tc } a transfer by devise. <br />deac:cni car by nperattwt of law u}ban the death rt a , ^.nt tenant ,+r `= <br />3 ender a+as, at t rnucr\ .,Pt,.rn. Jectnre alt rhr Hums sccun~d h}- this f)ced nf -T'rust to be <br />tmmuiiateiy due and f* )able tauter shall ha-e wa,,ed ,u«.h .=ptcao to ,cafe=air a, prior to the sate or traru-fer, Caender <br />and the person to wlx~m the Pit=arty rs r: tin ,aid ,rr u'art;tcrc:f rca..h agrrrnfent =n wrutng that the credrt of such person <br />is saltsfactorr to t ender and rhai .he rntet r,t p,e}ar~4n .•n the ,urtt, ,.,, car rd ht thn Deed of 'Crust shall ire at such call as <br />Lender shall :ryuest. If I.endcr lies wsr. cd the .+pnern t.. .;e.rk-ratr pea, uled to this paragraph t7, and !f Borrower's successor <br />Ifl interest hat Cxcruied a ur+ttC+t 1~}uin c'ttirrl agrrrlrttnt aiirpft~t :ir Nt+I+nt` h! t ender. I.endrF shall frlcase BarrnWCr from <br />sit ohligaaens under this f)etd tv -I~rsst~.=rxi list 'Nate - - _- - <br />If Lender exrntses >uch :eptt.en r ccirratr tender shall ~ ,.ni Hnrmwcr nuucr itt acceluaugn in acrordath.c wtiih, <br />paragraph {4 hrsaol Such natKr ,t,,,H++;>stdr a ts;raxi r,f +Htt lrs !liar, 7,r de}. from the dais Cht-nntreo is trailed w1(Ain' <br />which Harrower ma} pry the sort. dc4iarrd dar it B.>nower Yids „= pa. ,uch aim: pn4r to the r76ptratiaw of sitcA-pCCt`_iRd.. <br />LeMkr may, wuhuiu further nottr yr skin,:+d :>ra tk=:rsrt ,,,..._e ,tot rrmrdtcs permuted by puagraph ig hererf, <br />NoK-U»trowst C~orbxan t.- He?r rc+,srr and 1 eoaier iurthar <,=errant .,cad agree as tallowy. <br />!N, Acerkrrtian: Nentedir., Fxerpt as pmridrd in paragraph 17 herrof, upon Borrower's bleach n( way covtattM wr <br />tr~reettttwt of ewrrower ie Ihix IJeetl of `f rust, incladintl the cnxruanls to pay when dun awy sums secured by Chic Decd <br />of Trust, Lender prior W accekraliun shall mail twrtirr to Burrower as pruaidrd in partrgraph II hereof sptcityhrR: (J) the <br />irsacA; i2y IAe wiioq required to cure sucA breach: IJI a date, nw I v than 3N d•ys From the dale IAe nolke Is trailed to <br />IlfetmNtr, by which swch brrarh rauxl br cured; :usd t~l tfiwt faihue to curt swh breach on tx bttore Ili! dpi speeiNed <br />in tic twlkt may result iw wccrkration of the wins +ccured by thkx Oerd of Tru*1 and salt of tAe PmpeAy. TAe notice <br />shay IurlAtr iwtorm Norrower of the right fu reinstate atttr accwleration and she riahl to 6riaQ a court actiea to maeA <br />tAe nw~esirkact of w drfwlt nr an} other +kteasr of Borrower to arrrleratioa and strk. It the breacA is not ewed <br />w or before tAr lair speci6td in tAe twticr, Lewder al I rndrr's option mw) declare all nt the sums secured by tAb Dtttd <br />d Trust to 6e imwtediatrly due and payable witbnut further demand and Hwy inxoke the power nt yak and any Mher rettletiies <br />perntitMd 6) npplkwbk law. Lxrtdrr shat! (rt rntidtd to c+slkct aB reawnable costs and expenses incurred in patsaitq lht <br />remedies pwvidtd is tlds pwrasraph IN, inelwdiwg. (rat nut timitrd m, rcasonr61r atturaey's tees. <br />If tAt power at' yak is iwvokrd. Tru+Srr shag record a nutkr nl default in carh cnualy in whicA the Property or some <br />part tAereot is Mrcwlyd rwd sbsil mail copies of .carh rwtirr in rAe manner prru ribed by applicable law to Borrow-tr attd fo the <br />tMAer persons prescribed by appltcwbir law. Attar the lapse aF wch time a+ may br required b} applicable law, Trustee sAtdl <br />et puhBe rnikt a[ smolt to tAr persur~ and is the manner prtx'ribed 6} applkahle law. 'Iruslet, without detttand on <br />rru, sAaB sed Ile Properly av public auction to tAe highest fodder at thr time and glare and under the Terms desigttwttd <br />4 the nolkt of sale iw nor or tnsare patrcbt and in +uch order as Trvxtre erw} drtrrwtiae- 1'rwtrr may,y ptutporr! salt of aB <br />or utJ pttreel of t4 Pruperts b} publk awnouwcrment :at the time and place of an) Pre. iously acAedalyd molt. (..coder or <br />Lender's de1;IBnet tray prurAint fbe Property a! wn) sale. <br />U tote~t of puywMewt a! Ibt prlrs bM, Truster shtdl deBser fa the purchaser Trustrt's deed rawrtyltrg tAe Properly <br />enN. 7Yte retita~+r in tit Trmtetet decd sAaB At prAru tack tvMrnce of ibr truth u/ the slaftmtnts trade thertrla Trwget <br />s~laK wily Nsi ptoe of lit sale At the faYnwitt~ n : (al to slF reasonable rusts wad exptmts at IAr sah+, iwcirdlttl, bet <br />tI1tN tlraMel lw,'frtspettets of oat trrorc tAaw ~.~`Z OI 1'°r of IAr kros4 swk price, rewsooa6le Ntorney a tees and coyly o[ <br />ta~ttnte: flit to rtN snwls secured by tWa Deed of Trust: and irl Ibe rletss, It wry, to the prtaan or persons le{ally enlNled <br />t!. Ilanowet`a irsAr to Rtiwstate. !vntwcehstattdang Ixndrr-s acct trtab a; nt the yours ,eatred by this Drrd of 1-rust, <br />der shall have tfae rig#u tv I~ve •nnp- pracredmgs hasg,un by !_ender w rufone thee Ckui of 7nat ,itseunpnucd st <br />ally treat. pricy to the a-a$ier W r.::-+kr tr! tr the Piftfa dto helot-t t6r *aln of tine Property pr,rsuurai m the pi+w er of sylc iantattrned <br />HrJ'AIsDe~zlar~Trawlot.r3}eruryofat~f .tcnz:,nforingfha+Ihednf7risttF tatBtnrrowerpat;Lruitr as~mawhtchw~udd <br />~ then cute ,wales ttui TJetd ;d Trust, t~e Nntr and raru•.a set ur,rtg suture Ad~ sn. a, rf a ae fed no ~ crterttsutt oci urn~+d. <br />t Burrourt .ores sH Grc.achrx of anti uthrr .;+err~nts c,r _g+nspmrrat, .=t Hcurou.r ~+Kttainrd tttt, C)e~rd •+t 'TruS.t. <br />Sri Aarrz+,ns€ t~y'a at3 rrx«Ktrsal~ e3lk;rssg_ us; :asr:;4 hs t r•n.lr; ,taKf lru.tea ,rt e, .. rung, ore t;nenarus .vr:d agte<•menh ,>7 <br />fk.~~rruwxr ..<axvtsmr~d rrs ,has C)a2d ,~t 7rteat xu,1 cn rnl.+,tng lsock;'s er,a,i F: usa ec~s t. Hied n•, .,, pr,n,teed to pat ,graph 38 <br />hq€tttcf ins t±a+lc .~ t*ttt ~?t t>nrsraei: t+= s~: e,yauaahlai. xitursri', tr;y;. std t+is tt+rr rr+we. tat.e.. ... .±e.m a. 1 e+w,^r ;Has tc~asuta blt <br />'-~tttrx ¢._ axsu~c i}ta3 ohs tit, ..t rhs [?cwt ,at Coat 1 rte . s;<z c;t -n r.ra F'r..pdxtt .u:,.t t1«et.+.dce= :,b!<gns,t*:. t+, say <br />