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9. CnndewnsNlon. The proceeds of any award yr claim fvr damages, direct or consequential, .n connection with any
<br />rondemnation or other taking of the Property, or part thereof, or Inc conveyance in lieu of condemnation, are hereby assigned
<br />and shall tae paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall he applied to the sums secured by this Decd of Trust,
<br />with the excas, if any, paid to Borrower In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Decd of Trust such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this IJeed of Trust immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, yr if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borcower faits to respond to 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 restoration or repair of the
<br />Property or to the sums secured by this Deed of Trust.
<br />Unless lender and &irrower otherwise agree in writing, any such application of proceeds tv principal shall not extend
<br />or postporte the due date of the monthly installmems referred to in paragraphs I and 2 hereof yr change the amount of
<br />such smtallments.
<br />18. Borrower Not Rekred. Extension of the time for payment or modification of amortization of the sums secured
<br />by this [Xed of Trost granted by Lender to am• successor in interest of Borrower shall not operate to release, in any mantxr,
<br />the liahi6ty of the original Borrower and Borrower's successors in interest. Lender shall not be required to commence
<br />proceedings agairsst such successor or refuse to extend time fvr payment or otherwise modify amortization of the sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest. -
<br />I1. Forbearance by Lender Na a Wsdver. .Any tarhearanee by Lender in exercising any right or retrtedy hereunder, or
<br />otherwise afforded by applicable law, shall not ha a waiver of or preclude the exercise of any such right or remedy. (
<br />The procurement of insurance or the payment of :axes or other liens ar charges by Lender shall not he a warver of Lender's ,p
<br />:fight [n aaelerate the maturity of the indebtedness secured by this Decd of Trust.
<br />l2. RerneAka CamsdMive. All remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or affnrxied by taw er equity, and may ere exercised concurrently, indepertdently or
<br />sesccdtivdy.
<br />1J. Snrceaaors and Aadgr Bored; Joint end Several LIabBBy; Captions. The covenants and agreements herein
<br />w Q
<br />er,
<br />comained shat) bind. and the nghts Fwreunder shall inure ta, the respective successors and assigns of Lender and Borro
<br />d
<br />l
<br />.
<br />'
<br />severa
<br />.
<br />suhlect to the provisions of paragraph I ; hereof All cuvenams and agreemenu of Borrower shall 6e join[ an .
<br />The options and treadings of the paragraphs of this ih~etY of Trust are Yvr convenience only and are not to be used to E+i.
<br />Interpret nr define the provisions hereof. ~'
<br />14. NoOce. Except for any notice reyusred under applicable law to he given m another manner, (al any notice to
<br />~'
<br />Borrower provided for m this Deed vt Trust shall be given by mailing such notir:e by cenified mail addressed to Borrower at
<br />d
<br />i
<br />d _
<br />J~ -
<br />here
<br />n, acr
<br />the Property Address or at such c user addrese as Borrower may designate by notice to Lender as provide
<br />)hT any tsotice to Lender shalt he given by cenified mail, return receipt requested. to Lender's addreu stated herein or to
<br />such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this
<br />[ked of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated harcin.
<br />IS. Uniform Decd of Trust: Governing I.aw; Scvenbilkr. TTtis form of deed of trust combines uniform covenants for
<br />nsuonal use and nvmundorm covenants wuh tainted var+ativns by jurisdiction to cvnsti[tne a uniform securitp instrument
<br />rnvering real {+mpenv. '['his Dced of Trust shall he grn•rrned h)• the law of the jurisdiction in which the Property is located.
<br />In the event that any pravtston yr clause of flies Deed of Trust or the Note conflicu with applicable Caw, such rnnilicf shall
<br />not affect other ppnwisions of this Deat of Trust or the Norc whtch can he given effect without the conflicting provision,
<br />and to flits end the provsstans of the [lied of Trust and the Mote am declared to he severable.
<br />16, fgrrrower`a anepy. Borrower shat! he furnished a cvnivrmcd copy of the Note astd of thin Deed of Trust at the time
<br />of execution yr after recordation hereof.
<br />l7, "Ikansfa o[ the ih~o~eny: Aatrmpdaw. If aiF nr any part vt the Property or an interest therein is sold or tratnferred
<br />6y Borrower without Lenders poor written consent, rxeludin>) tu) the creatton of u lisp or wicumhronce subordjiwlpfn
<br />this flied n3 Tntst, (b) the creation of a purchase muttey sccisruy interest fvr household appliane~j, (c} a ttattafe- by devise,
<br />h
<br />b
<br />le
<br />f
<br />h
<br />f
<br />l
<br />ld i
<br />ree years
<br />ss
<br />nterest o
<br />e grastt o
<br />any
<br />ease
<br />t
<br />e
<br />descem or ny vperativn of taw upon the death of a }rnnt tenant or f d) t
<br />dcctare alt the Burns secured 6y this Dead o Trust to-fife
<br />cadet's vption
<br />urchase
<br />!ender ma
<br />at !
<br />oe c
<br />ntatnin
<br />an v
<br />tion tv
<br />,
<br />y,
<br />.
<br />p
<br />p
<br />.
<br />H
<br />a
<br />v
<br />msmeaiiately duo and payable. i,ender shall have warved Beech option to eccaferate if, prior to the Bak or trasnfer; Lender
<br />and the person Ca wham the Property ss to br~ satd yr trattsfetred reach agreement in writing that [he cr~it of such pardon
<br />is satisCacrory- tv t.ender and that the interest payahie :m the sums secured by this peed of Trust shelf M at such rate as
<br />1_ender shat) reyuext if trotter has waived the vption to accr.Ierate provided in [his paragraph I?, and if Borrowers successor
<br />m interest has exewted a writmn assumption agreement accepted in writing by Lxtsder, Lender shall rekaso Botrowes from
<br />a8 vbtigations under this C)eed of Trust and the Not¢_
<br />If Lander exercises such option tv accateratc, Lender shah matt Borrower notice of acceleration in a~ardattce with
<br />paragraph F4 herevi. Such satire shad prvvsde a peravd of not Eras than .37 days from the date the notice is mailed-within
<br />which BafrawCr tna}' pav the 5Unt3 declared due. If Borrower lofts lit pa} SUCK SUtna poor [a the a%plratlan Qf anCh patlad, '
<br />Lender may, withosu tunher avtice yr demand vn Borrower, invoke any remedies permitted by paragraph 18 hereof.
<br />Non-Uviroitn+ t'avt:rtxtvts Borrower and 1_enticr YurtMrrovcnant and agree as follows:
<br />(8. Acrelentioo; Rerwrdks. F:acepl as provided in paragraph 1? hereaF, upon Borrowet'c breach of ru-y covettiW or
<br />aaggreement of Burrower in this deed al 1'rsrsl, Cmirdiag IM roveaarts to day wbea dew nay sows itecural by Ibk /load
<br />of T"tau. I.cuder prior to acceleration shah mail notice io borrower as prortda4 /n prratrapb 14 hereof ePecityhq: (1;) the
<br />-
<br />to
<br />Meath; f2i the action required to cure such hreach; t31 n date. ssW less than JU days from the data the mMka b ttr(dMtrr
<br />Ibrrower, by wbie6 such breach must tsc cured; and Sd/ that fatten; to rare Both batch o0 or before the dtle aptei&d
<br />in the notice may result in acrckralfoa of the win. secured Ay this flmrd at Trust and axle of the Property. The notice
<br />shall tuttMr inform Ilorrowrr vt ibe right «+ rainstair after acceleration and the right to bring a court action 1a aawA
<br />tM tma-exiatm•e of a drfauh or ant Wker detcnae o6 Borrower to acevleration and axle. If Ilte breach is not cared
<br />uo or Mforc the date specified in tbt notice, I~adcr at Isndees option maV derlarc aB of the soma Berated by this heed
<br />of Truce io M immedutely doe atsd payable without further deasand and may invoke the power of sale and any other remedies
<br />permitkd by applicable law. Lender shall M entitled tv crvllrct all reawrsabk costs and expenses incurred in pursuing the
<br />remedies provided iw this paragraph I8, inclyditsg, but nut timiled ta, rrasonatde attorttey's foes.
<br />If the power n[ Bak is invoked, Trustee shat) record a notice of default in Hach Bounty in which the Propcr[p or same
<br />pars ltsrrcof is located arsd studl stnil copies of such notice in tM manner prescribed by appRcabk law to Borrower and to the
<br />whet persuus prescribed by appfirabk IoM. A(tcr the lapse of Bode tune as may M required by applicable law. Trustee shall
<br />);five pnblir notice of sale to the perwns and in the maurser prescribed by applirahk taw. "Trustee, without demaud an
<br />Barrow er, shall sell IM Property ai public auction Io the highest bidder at the time and place and under the terms designated
<br />in the natke of Bak in one or more prrce6 and in such ruder as Tru tee may determlrre. Trustee may pualponr sale of all
<br />w aa~ pan-et of the P.»peny by public aanuwnremcm at the time and place of any previously scheduled sale Lender or
<br />tenders drsgtprv nukT prrrchasc the Properly at any Bak.
<br />t?pan nertyrt of payrttcnt vt tM prixx hid, 3'rustce .haft deU.er to tM purchaser "C'ruytev's fjord a»oveyiag khv i'rupvAy
<br />'
<br />"
<br />C
<br />rustev
<br />old. TLr rectitafs in tEie Trustee's dead sisati br pr[ma facie evidence uC the truth of the sWtvmvrs6s made thareia.
<br />vha6 apply the pros:accb of the sale in tla tivUuwhig order: raj tv ail eras+utabk costs and expenses of tM Bak,. incltrdin(I, iwt
<br />trot Broiled tu, Trvsirr's loos ut cwt nsorr than ': of 1~ ut eta i;t»,ss Bak peter, rcasnnafdr attur•nry's frrs and roars ad title rv' sort;
<br />+,bt to ail stnata xecrrred by feria Caved of Truss; and tc) the eicrss, if any. ea tM pets»n fist pr~rsuas legally entitled ttaretu.
<br />14. Borrow~trs Right to Reirtslak. NotH,thstandirtg Lender's accrtrrnt son ,+l the lams u:nucd try th+. Ocs:d of feast.
<br />Borrowwer shaft haxr,~ the rsgCre tv Crave may pr,x:rrdiags Ftegun by C ender ter enfa[r+.r this t"ki~ai vF ~frxmt doscv:vamrrd at
<br />any umsr~ prior ten the eadstr sc, occur trf {r1 t#se HftA stay lxfvrc flit sale of the Properly pursuant to fha pvv.~er of sett cnntauseil
<br />+n tb~#s 1'>xint uC T?us# oe tu) entry of a ju figment esx(a3ri'.ing this Ored of Trait +Y~ ass Brn~a'owt+r pa}-s Leradca aN sums 'a+^hkl+ w-(+nld
<br />Fa¢ [yteo deft urr f3+xs f)r,Y-tt .at 'frmsf, tlyC Near 3+nd notes ~ nrrng f=ufivrs ,Advans:cx. d any, h:acf n,* ache Mr nt+(an nr~t:urrFZL
<br />)!s3 lios~rs*wrr aatsc% aFF hrrai tzrs of nay other rs,.~znunts dr R}trce-nv::!rsn of Borrowv .: u~nta+rn^d +r+ thr* Deatf r;f -frost,
<br />?¢i Bvwrc»r F+at> afC trout+rsexDit aspcrsxrv +oc<srred try t.-ndr^r anal Trra.,tct ±[:+efurrsng the c>wcrrants and agreements +,t
<br />ITssrrcvwrr r:,:mtnitrc t is etas t:?tcd a,: Leta ~t ar+d to enf+~rc:ny im'u(4e~r'+~ anzS ~truat~'s n-na~a#+rs ae pr+s+dcd ,v paragraph la
<br />t~r8~`3f_ irfc-tu lWSg. tutee trS~Tt Fsrrl Etcd t<,. tC+tm'-'nahlY attvrYreV'4 t~e4' R+sd (eft th3r 9t.w4t takes Sk+{=h act~Q;t a& ! ~'tRfCr nta4 °+•awrui h§t
<br />'ri}i F`rYt Faa L4SiEF'r 6'tty# t#4C Ya{..,i t_1{ tt1lS t~R~i{ i2{ -trSr.t t CFi der i t:5is,iCwf +fl It'kf Pi+lpe Ft\ aftd 4ttxrl,?s,. a`t'. ,,hit~'At~,-n f,~ f~:'•
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