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<br />84 - 001656 <br />9. Condemnation. I hr prawteds nt uny acs a:d nr cimm t.a damage,. J: rtrt ar consequenual. m connertiun with uny <br />~.nndenmanon or other taking of the Pruper[y, nr pan thereof ur for canveyance m lieu of condemnation, are hereby assigned <br />.out .hail hr paid ut Lender <br />in the event of a total taking of the Property, the proceed, shall to apphcd to the sums secured by this Decd iif Trust. <br />wrth the czcess.:f any. paid to Borrower. In the went oC a part cd caking of the Property, unless Borrower and Lender <br />,-nherw:ar agree m wasting, there shall he appSfeal f., the sums srcurrd by thu Deed of Trust such proportion of the proceeds <br />s s cyual to that prnprunon which the amrnant of Orr stems secured t:y this Drell of "trust immediately attar to the date of <br />takinu bears to the Farr market ,-clue at the Pn>peav imnaediateiy pant tra rhr date oC taking, with the balance of rhr proceeds <br />p:,id to Borrnwrr <br />If the E'rnpeny +, aM,tndened by H.xrou er, nr u', alter nnucc by Lender to Harrower that the rondemnor uRers to make <br />.,:r award ar scttie a Mann tar damages, Horrawer la:is w respond m Lender wghin 3O days after the date such notice is <br />matted. l.cnder is ..uthonxd to called and ap}±h~ the pnxeeds. at ! caller's opuon, tither to restoration or repair of the <br />Prrcx•nv ~~r ro the sums securd 'n• This Uee~,i of Tnrst. <br />1 `nlrsa tender .utd Horrawer rXheru~: u• agree :n wnnng, any such appi tcuutm of proceeds to principal shall not exMnd <br />:rr pastpnne the due Jate +ai the rnonthk~, ::utallmavs referred to m paragraphs I and 2 hereof nr change the amoum of <br />„+ch utstattmenu <br />4R. Harrower tint Released. 1.xten,ror, ,.t Rte nine for payment +tr mndi0catio±t ol" amoru7.atian of the sums secured <br />+~=a this Ur-cd of Trust grr rs!Mi h}-tender ;,, am ,ucu°<:cir :n mtere^.t al &a tower shalt not ape me to release, in any manner, <br />rhr h::hfWc of rhr ,+r:gms; Hormwcr anJ Horrowcrt ,uccresun m :nteres`. 1 ender shall not hr required to commence <br />t a, xreedmgs .tganxt wch ,ucitssor ,. rata<c :a extend umr tar p:ta~matt ur otherwise modify amortization ref the sums <br />,reared hs~ trio I)ecJ of 'truer by reason .,Y .;rt 3~ Jemansi :Wade by the onginai Harrower and Borrower`s succesmrs in interest. <br />1 t. Fortx aranrr by Lender Nut a l4'airer. 1n•, lnrbcsranec by 1_ender to exercising any nght nt remedy hereunder, or <br />:di,eruosr :dtardrd by appifcabtr !aw .ha?! :::a f,e .x wa;vrr of or ptx.ciudr the rxcrcise of any such right or remedy. <br />i i+.: prat cremcni of unurance ,tr the par mCnt x,t razes ar of bet i+erts ar charges b}' 1 ender shall nut be a waiver of Lender's <br />: ~~.ht t,r accztrrate the a»sau rte of [hc :ndcbird assn, ~raurrd by t}ua Uzwd of Test <br />IZ. Remediex f umnhti.e- :At; ~arted:es provded m :ha Used of ~1'ntst ate dtsuna and cumulative to any other right <br />,v runrdy wufrr fhfs Uecd of Taster or .dtarJcil M crw or cywty. ant nfa'r he exercised Concurrently, independently ar <br />,u~cezvvely <br />13. Suereszon and A cigar Httand; Joint and .Several f.iahilHtr: Captinas. The covenants and agreemems herein <br />urttaurrd shall hnad..rn<! the r;ghts hr~n^:n.kr ,hail :core ro.:hr re-s;.rrrtn-e ±uecessots and assigns of Lender and Borrower. <br />,ubiert !n the pr<no aorta at pa rags pPt i? herr,q -A[? :osenants :xnd agrecmenta of Horrawrx shall be join[ :rod several. <br />i l:r .xipi:•: ass and Feeadu;gs .a ;he pa:egra phs ,~. Roc Ocell of ! aster art (or c+,nven:ence nasty and are not [o br used to <br />mrrprrt or define the prm-uenns hrrr:rf <br />fJ. Nubce. Pxcept for any nantr rryu;red antler applrcabir tau to ik° grvrn m another manner. (a) any notice to <br />Fi,=r:o;vrr pn;veded for m this Fk-rJ of t nut shall i:e g.ven In madmg wch nnucc by Crnffred ntai( addressed to larrower at <br />tl:e f'mprriv ,iddreas ~.+r .i: ,uch .,thee aJdrrsa .,, Har rrwtr may designate by nnucc to (.ender as provided herein, and <br />. t,f any r:ouar to !ender sl±uii hr gtvea by .rt t:hed :^tatl, rviurn receipt reyuntei, tr, Ltndrr's address stated herein or to <br />.abet add:ras :. t r:nder +na} dcsrgr.att ua n utc to Harrower as pruv+drd herein. Any nonce provided For in this <br />t srrJ of trust shall he ,icrmav m kssae 1*ren sc,-+:n to Barr.;wer ,.r trader w-hen given m the manner designated hereto. <br />t4. l!niGtrm Ured of 7nrs/; C.arrrtting I a»; Severabflfly. 1-has tuna +:! deed of trust uambrncs anrform Covenants For <br />v.: kr-?a! uu =:esd aa,m ++ro!ersn un'rrzant> wash i+mncd aanahJns h; tuned ii t:oa 4 cansli title a uniform 8eturity in3irumenl <br />rr:ey *enl proprns Rua !)sell .•i . acct shall '-r }a,verned h; the taw nE the ptrnd+cttan m which the Property is located. <br />I:.:its evrrn th.rf .•+ . ...:c•o nr caner of this l aced oI 1 ruse nr rhr tiote ~onflfcts wah appbcable law, such conH:d shall <br />, _- ..Hct• •~drrt p,.r, r~.,ur, ,,. :ha i}erJ .~t t?use „r :he Note uhmh a;rn hr gtrtu c(fect w>ihuut the eonFliCting provision, <br />,. u. +h:. red :hc pra•v rsu:rss c t t{+r UeeJ ut Lus? anJ Ih¢ Note arc dralareal h, ht severaitie. <br />rf 6. Honawrr3 Copy. Pinrnaw cr s ail br !.,. u~whcd a ,:m iouncJ .opy .,f nc~- Nutc atMl pF this Detd of I'; usi al the lime <br />_ , E~uf was u after arrorJauan tureaf~ <br />~zt7. Trms[rr at the Proput_y: A.~umptfon. tF aFi ar any part tit ttrr Prolu ttq or sun Fntrt~nst therein ss said or transferred <br />f,a Harrower was hoar[ i.eader's pant wrafrti tanccnt, cxdi5.l:ag (al Ih:. crcauon al a lien ur encumbranta subordinate to <br />dna Utrd .#'Lr-•,rs1. ± h? ;he creaue>n .rt a purchase +noncy smcunty mEereat far hotts.:hold spp}:ances. (cf a transfer by devise, <br />,~ ^s:rttt .v by aperauuft of taw u(x>+t the death of a (,vast tenant c:r { J) the grant of any leasehold interest aF three }-ears or less <br />rr.a contaur:ng an aptton u, }nuchasr. !cndrr mai_ ,t t caster"a r>ptran. drdarr all the Burns secured by this C)eed of Trust to be <br />.n,t teui;uely clue curt payabir i ender shalt Marc a+s: red such aponn to acccirrate if, print to the sale a[ trsitsfer_ Lender <br />arsi ttte t'a'rven to wham the Praptriy fs ar hr uti,.i or f,ansfrrrcd reach agrernxnt m wrung that the credit nF such person <br />+~ <br />.wtrS.lacwtY st i cndrr atxi that rhr mi>rtrat pay-a5ie ~3rr ihr xttsnn stxurt~i by rhtt Ch^tJ of ~T rust shaft ht at such rate at <br />i easier shat! rryurst it t.rnde[ has wacved the ,:pt+rtn ter ae-critratr prctvrded +n t;tts paragraph t 7, acrd tf Hprr'uwei 5 successor <br />a +;ateres; has x°zecatrcl a untter: as~atnpnon a(;rac+nrnt a,ireptcd !.+ wwntrug by !_cndrr, i.snder sh.;li release Borrower from <br />sit ubfrgat<cna rmde7 thtx i)rad , t Trust and the [vote <br />3t i enadrr cxrec+zes ~ctCh ~.'pteon to a~txics aft, 1 cndrr sfRaii uxarl F#rarrawer :apace of accsierauon ut aceurdantc with <br />paragraph i4 hrrrtti ~ua-h uc tttt shalt pray;de a }tcn.ad r+f cwt iaxz than 30 days fttxn the date the nonce is mailed wdhin <br />.. hsCh Sot nexe; n,.ay i-ay the suns. dc~sara-,f d-u: it Hearrawrr is+l; to paY ,uzh gnats preor to [fie exp;rtiun of such period. <br />t erttiat +n,iy,. wahcru{ turihrr ;scnr.:r or .scrnaseef an Horr.twcr, ::r.oke uny rsrnrdres (rnnitted by paragraph I R hereof. <br />N,:n.('~.;ttuau t'xn^t w..n rs Tl,xrowtr a,i(1 ender iurdher sovraar?t and agree as IoiPuws: <br />lit. Arcrieratittn, Rernrdies, k.xrcpt m praridrd in parrgtpph 17 hereof, upon Borrower's Grrarb of any carrnanl or <br />wt;rrrmrw at Horrowrr ter tots 1)rrd a trust, inclxdiag the corcnarls to pay when dos any wins srcurrd by Ihks Oeed <br />of Frost, ixtWet pries to arrelrratinn shall mail notice to Horrowrr ss provided in paragraph Id hereof speci(yitta: (t) Ilu <br />breath: t.i ehr urifao requin~rt to rest weft Attach; (3P a date, nn/ lea than 30 days from the date the notice fs mailed fo <br />Horn>»rr, by »-hirh surU breath mini hr cured; and (3) that fat'iurr to curr such Attach an ru btForo the dale aprrificd <br />in (hv mn(cr may rrsuft in acrelcratioa of the sums secured by this deed of °frnsl awd Bak of Ihr Property. The adlce <br />.bait tetrtbtr irtFartn Borra»rr of the right to rrir'•+te after acrrirratimt and rhr right to bring a court ardan to assert <br />[ter non-esistenrr ut a drtaull or any atiser dry. ._ of Harrower to aecrlrration attd sale. iP the breach is nut cured <br />an ex ttrfarr rhr date speribed in rhr nastier, Lewder at latxter's option racy declare all of the sums secured by this Dad <br />.tt t rant to T+r immediately due and payab}r witFwut further demami and nwy itn ohr the power of sale curl any other rrmedits <br />itrrwitird by appiieaMe taw, (.caller shall Fee ratttled to rrt[k-rt a1P reawnahie cads and expenses incurred in ptusninp the <br />rrmedrrs pravidrd in this paragraph iA, inrtudiog, but net limited In, reasonable attorney's fen. <br />tf rhr power nt eats n Porokrd, l'rusier shaiF retard a moire aF Artatdt in rarM countp in which Ihr Property or some <br />(esn tbrreof is Mrated acrd shelf mail tapirs at such ao[frc in Iftt manner prex-riiaed by applkabk taw to Horrowrr and Ia rhr <br />sAttrr prrwos prescribed by applicable taw. AHer the lapse of sorb time as may be requiml by applicable law, 1'rnsttt shah <br />);Ivr putdic mattes aY _sak to the persons wad in the manner prescribed by applicabk law. Truster, without dernaud an <br />Bnrrowrr, shah srH the Property at public aactien to the ItPHfn^st bidder at the Time and plat and twder the turns designated <br />.o rhr rwtiee of air in nee at more pua~rb cad Pn such order as Tnutee may deten»iar. Trusirr may postpone Bak of aB <br />nr any parrri at rhr Property lay publk annouacrmrof of the time and plasm of any previously srhedtdtd safe. (.ruder ar <br />Lrudrr's desigorr way porcttitse the Property at any safe. <br />l.lpan rsr>ript of payateal at the price did, Trustee shalt deliver Io the pnrritaser Trustee's decd conveying rhr Property <br />wW. °fitr recttala is ttte 'F"rurire's decd shay be prima fm~k rcitkwce ut rhr trmh of for statemrtds made thcrrfu. 'Trustee <br />shall apply the proceeds at rhr sake ice the fallowui~ ordm, ia1 to all reasunafdt crests amt eapettsea of the :Bak, tnthtdittg, but <br />tort tlmited M, 7'rsstrr's firs of cwt mare than S . J ~ of for grass sair price, reasonabk attorney's tees cad casts of <br />tick rvidrnrrT i~P to all wins srrared by this LNed of Y~rustt cad trP the escrss, iF nay, to rhr person or persnas tegaUr entitled <br />tdw~Ea. <br />t4, Bprro+aer`s Ft(Hhl to Refataate. Wut w-uhstanxting t.e afters acctlrre estrus of the scans +ceured }»- Ihrs Dc:~l at Inrst, <br />Bear n.wcr n#taY( haa'e aPtr right Eo have any prcu:-t~tinrgs i+rgun by Ixnder f.r rntorcr ibis fk•rd of Te,rsi drnrootmued at <br />av.y i+rax error to nut aarP.er tat exxaer of t+) ihr fitlh dap tattor~t t6tt sa#r of the Prec(aeny gtursuani to the power of sate a,ntarnrd <br />sn th%r Lis~J [tF Tr;cst exr f+xi ratty . ~f a #adgtnrnt ettiorriol, (ht> P)red of '(afar .t. vas fkar rrxwer payx t coder a!1 sunx whet h woui.t <br />its`, theta ..hat usxtrr r`.« f~t`af u+i 7trtat, rhr Atzats .ured nt.ttCS srcunng FeA trrr =4dv~ancs~ d ant. ha+.i na nine Cere uan nCCUrrrd. <br />(tai FYrx cas:rt;r t•ar:. .: htr~°hc:s of yu}• aihar cuvcnan#s .,r agrrrmr»t~. „t Ptcerrowcr c.rrtxtned >+r :bz+ Ured x:i Iru.t. <br />.} fit t'-rrr.rs t acs a • -iaonattiw aatteascs tncrart rst by i carder and 'Tneste-s + ~*ng u,r , r+r rases rev znd sg a. tents ,+ <br />Haar r~u.am x:n;-J t ~h~.a (.)cull s,f 't'rust ar,ci to totan:ang he xder a cell Fl' tea s renudtra a. pc. +,dra# :n p._ y,rapS: ; <br />t <br />~ro:~~t ,,. h ..5.. '_ + •! I, r:attral der, rraaa'usah~€t attcertsey'~ text. azil till Re~rowtxr takes sub aci;w, an F crsdcr hie} r€. -. ,e,+h: F <br />' ~, r <br />+ex{vavre a+a aw :ee si,+, ,, aen ss# char f?.tc.c3 s + T`r:asd. ! rndrs'_ s„trot ri rhr T r;r}nrrty an>t fknr.,w er s a:fiisgas:,~n t.• ~ as <br />