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<br />$4 ^ 0~~8~ <br />by this [Iced vt Trust immediately prior to the date of taking bears to the fair tnarket value of the Property immediately prior to the dart of <br />taking, with the balance of the proceeds paid to Borrower. <br />if the Property n abandoried by Borrower, or ii, afro notice by Lender to Borrower that the condemnor offers to make an award w settle a <br />claim for damages, Bwrowu fails to respond to Letider within 30 days after the date such notice is mailed, Lender is authorized to collect and <br />apply the proceeds, at L.tnder's option, tither to «atoruion or repair of the Property or to the sums sexurexl by this Dad of Trust. <br />Unless Lendu and Bwrowa wherwdse agree in writing, any such applica[ion of proceeds to principal shall not extend or postpone the due <br />date of the monthly installments referred to in paragraphs I and 2 huex>t or change the atriotmt of such ino.tleeeewts. <br />10. Betrowe- Net Rekasd. Extension of the time for payment or modification of Itmortiution of the stuns stxored by this Deed of Trttat <br />granted by Lender to any successor in interest of Bwrvwer shall not operate to rdease, in any manner, the liabibty of [he esrigisal Botrovrer and <br />Borrower's successors in intuest l coda shall not be required to commentt proceedings against such suocealor w refuse to eantad limn far <br />payment or otherwise modify amortization of [he sums secured by this Deed of Trust by reason of any demand made by the original Borrower <br />and fksrrower's successors in intsts[. <br />It. Feubprarce by leraet NeN • Wahs. Any forbearance by Lender in exercising any right or remedy hereutds, or otherwix afforded <br />by applicable taw, shat! rtw be a waiver of or preclude the exucise of any such right or remedy. The prtycuremmt of issurana a the payment of <br />taxes or other liens or Charges by Istdu shall nor be a waiver of Lender's right ro accelera[e the maturity of the itdeb[e:dness secured by this <br />Dard o(Trust. <br />LZ. Reradlr CerrNtlre. All remedies provided in this Dss1 of Trust art distinct and cumulative to any other right or remedy under this <br />[bed of Trust w afforded by law or egwty, and may trt exercised concurrrntiy, independently or successively. <br />11. Satceesora sad Arugrs Beall; leelrt sad St•eral t~aYiYIY; GpUors. The covenants and agreements herein contused shW bind, sad <br />the tights hereunder than more to, the respective succecstrrs and assigns of Lrndu and Borrower, subject t0 [he pfavlr{Otis of purgrl~h 17 <br />hereof. Alt coveauau and agreements vt Borcowu shalt be tome and sevual. 7'he captions and headings of the paragraphs of this Iked of True <br />arc for convenience oNt and zee not to tx rued to interpret or deftne rare prm~rsions hueof. <br />li. Neitite. EtcYpt for any nonce regwred under applicable taw to be green in atiothu manner, (a) any notice to Borrower provided for fa <br />this fle'td of Trust shall be given by marking such nonce by certified mui addrecaed to Borrower at the Property Adetress or at such other atldrer <br />as Borcowu may designate by nonce to Lrnds as Rrvvrdexi boon, and fbl any nonce w Lender shall bt gives by Certified trail, return raeiW <br />requestexl, :v L,codtr's address stated bean or to sur.h othu address as l.eneier mat designate 6Y nonce to Borrower as provided herein. Any <br />notrce nrov°tded iw m Chu Deed of Trust shall be deevtted to have been green to tbrrowu ar Lander when given is the tnillnQ dtrigtrted heleis, <br />t3. UttHetrr Dtd o/ Trttr; l:o•errtrg 4ew; srt•ttabiliry. This form of dead of trust combines tmiform covenants tot national use std <br />nun-uniform covenants wnh hmited vanauons by 7unsdreuon to constitute a undvrm sxurity tnslrument cvveaittg real property This thtd of <br />crust shall he governed by the taw tit the tunsdtrnon m which tot Property is louettd. In [he evem that any provision or clause of this Des! of <br />irusi e» the !JVtc wnfiicu wnh applicable taw, sorb cnntltCt sha[i net atta:t vthu Drvvtsions of this heed of Trust or the Note which tan be <br />green ct ft~r wrehuut the confttcung pro. rerun, and err Ihty end t he provuwas ..~! rho eked of Trust and the Note arc declared to bt xverabk. <br />Ia. Ilonowes•b L opy. Burrtrwcr shall hr twntshrd a :oNarma::opy u! the Moto and vi thrs Deed of Trust at the time of acexutfem w <br />steer rcCardatiun nera!t. <br />17. 7taarfu tit Ik Property; Aretrgnw. It aE{ yr ant Dart ui the Property ar an interest zhsetn ~ sold or transferred by Borrower <br />w7thvttt Lrttder's pour wnueet cottsrnr, exciudrng 1a) .err creatwn vi a hen ur encumbrame subordinate to this llaed of Trait, (b) lilt crglioa of <br />a DwChax money security tntues[ ,err housMOtd apphnm'es, (c) a vaaster nY devise, descent w by aperation of law upon lht death of a joint <br />tenant err id2 the grant of any itaseisa#d mtuas[ ut three years ur Ices rrc~t :r>ntnmmg ut option to purchase, Lander may, at Lender's option, <br />da:tare all the ..turn saured by this Deal ai Trust trt cr rmmahatol} duo and Datable. Lender shah have waived such aptias [o accekra[e if, <br />prior ro the +atc nr transfer, i-rextes and ttx person [o whom tht Property is to br sold or truufcned mach egreemeail in writing that the taedit of <br />such prrson is satistactvey to Lrndu and that the tntrreg: Datable vet tiyr twos sewed by this Lkai vt 7rust shall bt at such rate as Lender shall <br />reques[. if i.atuiu rtes waived tAt vptwu In auetuare provided m thrs paragraph i7, and if Borrower's succtssw in intsdt hr executed a <br />written axsrtmpuvn agreertitnt accepted m wnttng by L ender, !ruder rhaii rriease ikxrowu tram all obligations udder this Deed of Trust and <br />she ivotc- <br />tl l.rnater esuuari su.:ir rrptton t.., a::rierate, i raeirr shall marl Borrower nuit.:r of acctlerauon m accardancr with puagrapi 10 herexyf. <br />tirteh Holier anal pr usidr a Ircrivd of n.n less thatr 1'J daYS iru[n rha date ehe nvt:Ce to mariecl wtthm which Borcowu mat WY the sums declared <br />titre. i€ Ftcrervwrr tarts tv pa. such sums preor to thr rspirauon ez such prn..xi, t eadtr nsay. withum funhu notitt w demand on Hwrower, <br />mvukr any rrmedtes perautted by puagraph IN he7rui <br />NtIN-LNLF^ORh1 C`OVEIVATi'iJ. Borrower anti l.endu twrher covenant and agrrc as ioltows. <br />li. Acctkealtua: Raraetdks. Fizcepl r pwvidlJ u piiragrapi 1t hereo/, upon Bortoaeer's Mercb of say tavertW w agpaerterl d <br />Brrtttrtr it lW (lard d TYrst, lac{rdtag tie carserhU to pat wbn dre say sotto ttcrred -Y (bit Dead of Trrst, l.erder ptbr to st<aMasYos <br />aftaB rail orris to Borrows r pwrHd is patagrapi li bettor sPeclt7iat: i 1) 1M bread: 12) tyt atYfor rt9dred to Bare eac- beaeb; (J) a <br />eWe, set leas lbrr JO ehtya trot tie date d twlkt b malted to Brrowu, by wikb scut brtaci rtrat be tare!: art lq tbr/ ta4rle to tare erd <br />heeac- ua or before the date spetlfid u lie eattare tsa# eesrlt u astelaerioa of tie aura secetrad 67 fhb deed d'irrsl sad sale of lye Proprty. <br />Tye itettlce saettl Irrtis idorr Brrrowu of t4 rig-t to etiastaat des accekrador art lk rlgltl to brig • cuart rUw to arse lie soF <br />saWerct d • eleftridt or say olbu etettetr of Borrower to etccelsatlw etrd rk. It tie bread b sot cared a or before tie mM eptxifW i• lye <br />erofka, Itrder at lsaiet'a opuoa ray elea'lare YI of the sure eccrred by rib Deed of cleat to 6e trredi.tdy dot sad MYttbk wilbart /tulyes <br />eMraad Cud ray taretie tie power art seek std W ntier rtrtdles pttri[ted b> applkebk Mw. L.totkr sWl k eatlUt/ lu caBta1 all reroubk <br />reNb art eaperes iacettrtd is punuirg tit rcmed{r Dtvrided u tab partegnph 19, {edrdfeg, but cot hrlted to, reawtubk atleraeY's ter. <br />It tit pows of call b irvoitd, I raeiee s-dl record • wlict of 0etaedt is rrtcb coueq in wik6 tbt Property of oral prrl 1-ereuf b lopled <br />and sWl rail roper uJ sod eertke is tit raster prarcribtA by rppitgbk 4w to Bonuwer aed w the athu persor preaeribed by appBcebk <br />Lw. ~flrt the Ityrt a[ oral Wee r sty be rtatiked by applkaik hw, Trtrtn faiB give pubBc wtitt at ask to tit prnoaa arl it lbt rostra <br />prreeNtd by appNaabls uw. TrtWee, wllborl deraad or Borrows. sbaB srll tit Property s puMk aucnoa to tbt higbeat bidder at tie tlrt <br />W pine red tads t4 tetras dtsigratsd h tit eotkc of me in not or mart parreLs and is such ards r Trustr rat delendat. Trrtlee easy <br />peetpetat rk of aB or ary Durcei o/ tit Pretpsry~ by pubik mooarceeaem a the Iliac tad place v/ as? prrviuasly scbtdrkd ask. Leads err <br />I.erder9 da!ltrn ar# parcbre the Property at art ask. <br />tipor nttiMl d pa#ttaentt o1 t4 prize bid, irarue shall deBvs to the purchaser (rustr's deed eaaveytsg the Property add. "fyt recitab in <br />ebt TYwsree'a eked siatl bt prtsa [hde ewiieece tit eht truth at the statteatats nude ebrneie. iexstn situ apply the Prareeds of fir ark is the <br />/erftewfag errels: ter) let erg reroeabk eu+sts zed etrperes a! Wr ask, te•rletdiag. but oat Ilrited tn. Trwlrt's teen of Cwt eenrr thaa Nd(!.. xE <br />d the Fv'•+ tale prhx, reareuabk rttorat)'t tan rod cats sr! ntk tvideaor; for to ell aama secured by Mb Detd of 1 rust; sill trl the cscras, if <br />aaY, au rht person w pertor MgeBy tetlitkd thereto. <br />t4. Berrawrpr°r Bight la Itdetlatt. idea w,thst ~rx,,.harg i rtu3rr s au eferar,.+n ,r~ ttu sa~.~ +r. n!ru ": [his ;k~cd ,v i.u*~_ lkv. rwri rh:a1 bore <br />,isc r.,u ier have au} pra~e+tw:r,nhs >w ty Lxnd -t r , eesFene IRu- tlccc! . t..-r-~? ,itw.,:.,:•rurv ere :ern: t~, re =., °hE z'arirx; .,, ~rr.t,. tit tit :he <br />txtx2r ;try. txl4e~xr rho sate at §~ P.-userty pursuant ru [Pee p:,war rn salt ,~nr!a; rend m ~ee;a tkcx! ,.: i;usi ,x trot reein ~'; a ~u.ts,rre-n=i rra.rr~urg rtxe+ <br />Flees: wi i sty !fi taP fkxr+~cr )nays ? sxtn}e3 at. _e zx_ w.rArh _..tsid hr .~ a tt ~ ~ ,_u .. .,,. t i•€d , . 1- .,~ -ire ~.~.r .r- ~. -.. _.rrng t ur.,rr <br />