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g~~ 0017J~ 84. 001780
<br />9. Cuademealba. The proceeds of any award or warm (ur damages. direct nr consequential, in connection with any
<br />condemnation or other taking of the Property, or part thereof, or far rnnveyance in lieu of odndemnation, art hereby assigned
<br />and shall be 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 Deed of Trust,
<br />with the cxttss, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower artd Lender
<br />otherwise agree in writing, there shall Ix applied to the sums secured by this (lead of Trust such proportion of the proceeds
<br />as is aytut to that proportion which the amoum of the sums secured by this Deed of Tryst immediately prior Io the daft of
<br />taking bran to the fair market value of the Property immediately prior to the date of eking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abat~oned by Harrower, or i(, steer notice by Lender to Borrower that the condemnor otters to ttaaie
<br />an award or tattle a claim for damages, Harrower fails to respond to Lender within 30 days after the date such trolice is
<br />mailed, Lender is authorized to collect and apply the proceeds, at Lender's option, either to rtxtoratfoe or repair of the
<br />Property or to the sums secured by this IXed of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date ui the monthly installments referred to in paragraphs i and Z hereof or change the amount of
<br />such installments.
<br />It. Borrower Na Releasel. Extension ut the time for payment ar modification of amortization o[ the sums secured
<br />ny this Deed of Trust granted by 1 ender to am successor in interest of Borrower shalt not operate to release, in any manner.
<br />the liability of the urigrnal Borrower and Borrower's successors in interest. Ixnder shall not be regained to commence
<br />proceedings against such successor nr refuse to extend trine far payment or otherwise modify amortization of the sums
<br />secured by this Deed of Trust by reason of any demand made M' the original Harrower and Borrower's strtxessors in interest.
<br />11. ~Fwriearaace by Lender Not a Wainer. .4ny forbearance by Lender in exercising any right or remedy hereunder, or
<br />therwise afforded by applicable law, shall not f+e a waiver of ur preclude the exercise of any such ri~6t or rctttedy.
<br />The procurement of insurance or the payment of taxes ur other liens or charges ny Lender shall not bt a waiver of Lender's
<br />right to accelerate the maturih~ of the mdehtafness secured by this Deed of Trust.
<br />12. Rameditc Cuwalalire. .41I remedies prov,drd m thrs DeeA of Tnrst are distinct and cumulative to any other right
<br />or remedy under this bred of Trust or aflarded ny law ur equity, and may tx exercisal concurrently, independently or
<br />successivelyy
<br />IJ. Sacceaors and Asdgr Mead: Joint and Several I.IabHky; C'aptfor. The covenants artd agreements herein
<br />contained shall hrnd, and the rights hereunder shall mart to, the respecuvr successors and assigns of Lender and Borrower,
<br />sub)ect to the provtsiom of paragraph ! i hereof .41I covenants and agreements of Borrower shall be joint and several.
<br />f7te captions and headrngs of the Paragraphs of thrs Deed of Trust are for convenience only and arc not to 6e used to
<br />rnterprct ur define the provisions hereof.
<br />11. Notke. Except for any nonce ixgwred under aPPphcable raw ni hr grven m another manner, (a) any notice to
<br />Borrower provtded for m this Ixed of Trust shad tx grvrn by mailing such notice by certified mail addressed to BOVOwer at
<br />the Property Address or a[ such other address as Borrower may designate by notice to Lender as provided herein, and
<br />rb) any iterece to Lender shall tK given by certified marl return receipt regarested, m Lender's adtlrcss stated herein or to
<br />such other address as Linder may designate by nonce to Horrower as provided herein. Any notice provided for in this
<br />Eked of Tryst shall lx deemed to have tsten grven m Burrower nr Lender when given m the manner designated herein.
<br />IS. Uaifoem Ihd o/ Trrw: (:overwittg Law; SeveniYky. Thrs farm of deed nt [rust comhines uniform covenants for
<br />nauunat use and non~undorm covenants wnh hmurd sananons hs iunsdtcuon d+ constitute a uniform security instrument
<br />cua'enng real progeny This Deed of Trust sh:a)i he gacrrneJ ha the law nt the )unsdtctton in which the Property is located.
<br />In the even that any provision or cause of the (kcal of I rust ar the Note conflrcis wnh applicable law, such conflict shall
<br />not affect other provrvum nt the Dint „f Ernst or rhr Nutt which can to grven efTect without the conflicting provision.
<br />and to th,s end the provmotn of the Used ..? 1 rust and the Notr are declared to t+e severable.
<br />Ili. Mmrwer's Copy. Harrower shalt br I urmshrd a amformed copy of the Notes and of this Drrd of Trust at the time
<br />~,t tarcuuan or -after recordation herntf.
<br />17. Trotter of tie Pee~erty: Aaremplbe. If aVl ar any part of the Property ur an interest therein is sold or tranaftrred
<br />by Hottower without Lendtrs poor wnttcn consent. excluding +al rhr creation of a lien or encumbranax subordinate to
<br />the Dred of Tryst. i h) the crrxuon <*t a purchase money sea'unty nueresi for huissthold appliances, (c) a transfer by devise,
<br />deuem or by operation of law uptm the death of a i+,rm tcnam or t d 1 the grant of any lea old interest of throe years or less
<br />not comarmng an uptron to purchase, i ender ma}, :q I ender"s npuun. Jcclare all rhr sums secured by this Deed of Trust to be
<br />^nnrWiatelq due sent payable. Lender shall ha.-e warred such opaon to accelerate it prior to the sale ar tnns(er, Lender
<br />and the person m whom the Properly is to br sold or ransfrrred reach agreement m writing that the credit of such person
<br />e xatrsfactory to 1 ender and that the imeres[ payat+k en the sums nrc:uraal by this Deed of Trust shall be at such tale as
<br />I ender shalt reyixst. If tinder nos waived the opnaxi w accekram pruvidrd m this paragraph I7, seed if Borrower's succrxsor
<br />i^ Interest has rxceuted a wnuen assumpttun agrnmeia accepted tit wt?ung by Lender, Ltndcr shall release Borrower from
<br />all anligauons umier rtes Oceil of Trust anJ the Nntc.
<br />If Tender exercises such opaon [o accelerate. I ender ,hall mad &vnrwrr nonce of acc'eleratinn m accordance with
<br />paragraph to hereof Such Wooer shall prosrilr a period nt not Iran than lU days from the date the notice is mailed within
<br />whwh Borrower rosy pay tht sums Jcdareal due. If Harrower tads to pay such sums prior to the expiration of such period.
<br />Lemler may, wahow Iunher osier ar demand tin &?rrower. a»uie any rrmeAies permitted by paragraph lg hereof.
<br />Noes-lwrroast l-uversaNrs tlnrrowrr soil 1 ender iur[htr covenant and agree as folbws:
<br />Ig. Accekraliw; Remedies. F.scepl as provided in paraarapi 17 hereof, upon Borrower's breacb of say roveaa9l or
<br />aarreetent of Mrrower in tiw Deed of frost, im•ludirgl the eoatnants to pay when dot any ernes secured by This Decd
<br />nl 7'rus4 I.exder prier to acrekrarton shall mail Warier to Borrower ac pros ided in pvtr~rapi li errant specUyiag: 111 the
<br />breath: 121 rhr action reyuirrd to rare wch nrewh: (3r a date, not Irse than JU days from the dolt the ttotke u' mailed to
<br />Mrrowrr, by whim such breach muN br auravl; and lit Iha1 faHnre m cure such breath op or before the dale cpniied
<br />in tk notice roar resoU in accrkrattun of rhr sums secured nv this Iked aA 'frtrst and sale of the Property. The mNke
<br />.ha0 fattier inform Bouowrr of Ilce right pr rrinslatr after accetrrolion amt the right la bring u court action In assert
<br />rhr nun-eaistenre o(a default nr aces o16er defense of bornrwri ur acceleration and sale. If the Areac6 is nM cured
<br />tin nr tretwe the date specified io the notice, Lender at I,endrr's option may Aeclarr ell of the sums secured by this Ikrd
<br />of trust tw ere immediately due and pa~aAlr withnm further demand and may in. okr the power of sale and any arlher remedies
<br />perarittrd M applicably law. Ixirdrr shall ere rntitkd ro urlkct all reawrnade aunts and rapertses inrutted in pursuing the
<br />remedies prosided in this paragraph Ib, includitag, Dut nW limited to, rrawnabk anontey s fees.
<br />If the power of oak is inaatLrd, I ruslre shall record a notice of default in each aouoly io which rhr Progeny or wore
<br />Prat tierrarf r loo ated and shall mail copies of such notice in rhr mamwr prrscrttred M applicable law to Mrrower sled to the
<br />alert perwos prrscribrd b} applicable law. After flee lapse of such rinir as may 6e rryuired 6y applicable law. l7uster shall
<br />gise pabGc iwticy aA seta ro rhr pyrsaurs and m rhr manner prrurihrd 6y applicable law. Trustee, without demand on
<br />6orreweq stall srB lot Progeny al patella auc lion u. the hiahest birldrr at rhr time and place :mil under tnr terms AesianalrJ
<br />in the notice of sale is ear ur more prrcrts soil u, such urAer as Tnurre mss Arrenniny. Trostre may postpone sate of all
<br />ur nor parcel of fir Property by public annuum-anent at rhr time and plaar of any pees iornly xnedulyd safe. 1 ender ur
<br />I.etsda's Aesiper m.y purchase the Prupeny at awy sale.
<br />Lpua rcrrfpl of pay ntrnt of tnr prk-r bid, Irustrc .haU drliarr ru Ihr purrlwsrv Irmtav'. drd avmary ittg llu 1'n.prrly
<br />rtiW. fM recNatx in rhr trustee's dravf <hrdl hr prima tw~ir ra idrrwr ,d rhr truth of rhr atalrnwnts made therein. truslar
<br />shell apph for prrrcerds aA rhr sak k rhr following +uakr: ear to all rrasunahk casts and eaprnw•s of llcr s-eale, including, bw
<br />trot lim0trd tu, Trwlrr's fees ref nut Water than ': of err ul'~hr grass sale prier, rrawuabk auurm•y ~s fees and cats art tick ra idrnsr;
<br />n, In aU sours ,ecvrrd by this Iltrd ad Tivs1; and ac +rhr rsaeas, it any , to rhr pavsaro ur personas Ingalls entilird Ihrn~tu.
<br />19. iKrower's RiRhl In Rdaslalr. `. oew~+hsrand mg 1 en>ier-. - r.u r,~n t vhe ,gun. ed h, r,,~. Decd •~, lr..s
<br />,.air
<br />Hue ra war nha2; ha.< ti,e right to hoar any f w. rceiuag. l~cgu;r r`s 1 ender ~ :nl„rar rho. I)r,~d ~=I ~..~.. ._ ~nr.~,r~rd .rr
<br />any una poor rn;he ear#mr to .x. ui <,7 4, nc~ filth des? bcl„Ie the ,ale at tf>z Yn~pem par*uaar ro :, e p~~ ,.r ,.Jr . ~,:r_=ncd
<br />'n this Eked in I rent ur bat entry art a !rilgmrm rnnrn tog rho (yrrd u( 1 rust d r , Nm r:~w er pas, I r iJcr ~ I s -~ ., ~uah u, , ~.
<br />t±r then Joe urnlcr Thu Uror4+,.f in,sr nc~ V,ers ,rid n„tr, sr.:ranu tonne Ad~.ar,. et rt ,,m ha,t n ~ ,. ..
<br />~l,r N+nn.wrr r .rN tae... tees ;,f .goer ,ante +„ .,Res erment+ ,d Hhrrvke~, or, taws{ ~ ~,h~. ~37rc,i Irra.;
<br />r Harrower ;'ayes all ieaam,d,ic r,;+cas , rre.:a tic I rrntce ,,rw4 Inr.rer :~. r.rr,...rna r',a ,-,. ~. ,rut, r „v: ca eel. n., .
<br />~~n,xaea x,taeneii . + deed ref 7 rust enJ ~ , Fni acv n,g f enJr<. , nJ 1 c:~, a ,n rare. ,. r,er i r~ .,er.~{=),
<br />~asnt +rx hrel,aa btft ra . rnarrJ F.. rcawnu hex ,e,her a,rt . 6t', sn.l -.., U,w r - ,~,ke+ ,_,. h .. t , r:~r~ ,r., . _....
<br />~r,,,r. t„ a.mxr€ rtes! nc~ ben ~.t rrrtt ilred :•r Terra I ar.drr . ..r.... e.r -. ,c ~!',~ r ,., ,.. +rR„~~.-,-+, ~ , a.irg., r"~... ,.
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