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84 --~ OOib46 <br />9. C'ortdemnatba. The prtxeeds of any award or claim for damages. direct or consequentiah m connection with any <br />condemnation ar other taking of the Property. ar pan thereof, ar far canveyance in lieu of condemnation, are hereby assigned <br />and shall be paid to Lender. <br />in the teem of a total taking of the Properly, the proceeds shall be applied to the sums secured by this Deed of Trust, <br />with the excess, +f any, paid to Barrower 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 Iked of Trust such proportion of the proceeds <br />as rs equal to that proportion which the amaunt of the sums secured by this Deed 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 Borrawrr. <br />1( the Property is abandoned by Barrower. or if, after notice by Lender to Borrower that the condemnor offers to make <br />an award or settle a claim far damages. Borrower fails to respond in lender within 30 days after the date such notice is <br />mailed, Lender is authonzed to called and apply the proceeds, at Lender's option, either to restoration or mpair of the <br />Property ar m fhe sums secured by this Deed of Trust. <br />Unless t ender and Borrower otherwise agree in wreing. am• such application of proceeds to principal shall not extend <br />or postpone the due date of the monthly mstallmems referred to m paragraphs I and 2 hereof or change the amount of <br />such installments. <br />10. Borrower Not Released. t:xtemion of the umc for payment or madification of amortization of [he sums secured <br />by this LXed of Trust granted by Lender ar any successor m interest of Borrower shall not operate to release, in any manne[, <br />the liability of the original Barrawer and Borrower's successors in interest. Lender shall not be required ro commence <br />proceedings against such succesxor or refuse to extend time f:?r payment or otherwise modify amortzation of the sums <br />secured by this Deed of Trust by reason of am' demand made be the nriginal Borrower and Bottower's successors in lateral. <br />t 1. Forbrarmme by Lewder Not a Waiver. Any forbearance by Lender in exercising any right or remedy hercundeq or <br />otherwise afforded by applicable law. shall not be a waiver of ar preclude the exercise of any such right or rcittedy. <br />fhe prtxurcmrnt of insurance ar the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's <br />right to accelerate the maturity of the mdrhtedntss secured he this Deed of Trust <br />12. Remelies C'umuWive. All remrdecs provided m the Deed of 'trust are distinct and cumulative to any other right <br />or remedy under this [)eed at "f rust or aHarded h+ law or egwty, and may be exercised concurrently, independently M <br />successively. <br />IJ. Succeasorx arfd Assigws Bowwd; Jofnt and Serval I.iabBky; Captiows. The covenants and agreements heron <br />contained shat! bind, and the rights hrreundrr shall inure tu, the rtspectivc successors and assigns of Lender and Borrower. <br />subfect to the provisions of paragraph i' hrreot A[t covenants and agreements of Borrower shall be joint and several. <br />'fhe captions and headings at the paragraphs of thin I7erd of trust are for canvrmence only and are not to be used to <br />interpret ar define the pravrsions hereof <br />11. Notice. f scc{.tt for any notce rrgmred umtrr applicable law yr he: given m another manner, (a) any notice to <br />Borrower previtied for m this Deesf of 'f rust shat! he g{von hp mailing such notice by certified mail addressed to Borrower at <br />the Property Address or at such athu address as Borrower may devgna[t by notice to tender as provided herein, and <br />th! any natx~e to Leveller shag be green by certified mad, return receipt rryueued, to Lender's address stated herein or to <br />well other address as lsnder may designate by nouce to Borrower as pronded herein. Any nolitt provided far in this <br />Deed a[ "irvst shall be rimmed ro have been given to Barrower ur Lender when given in the manner designated herein. <br />I3. Cnitorm Deed of Trust; Goverwing I,aw; SrvenbABy. Thi< form of deers of trust combines uniform covenants for <br />utronal use an<t nomumform covenants with lunged var,a«au h} tunsdic«on a+ canstitute a uniform security instrument <br />:avering real pruprn• This Lked ul trust +h:dl he gavrrntd Fn the law of the pinsdiclron tit which the Property is IoCattd. <br />In ihr event that any pnrvisvan ur +lausc of th~+ Uetd at I ruse or the Note Confl+cts wuh applicable law, such conflict shall <br />not affect other provrseom of this Ured of i~rust of the Natt which can hr given effect without the Conflicting provision, <br />and ro thu end the pravtsians of the Iym7 of 1 rust eat! the Notc are declared to be severable. _ <br />la. ^orrower'a ('opy. &+rrawer snail !x~ lurnishrd a con 6xmrd cops of rhr Note and of thn Deed of Trust at the time <br />of execution or aline reeattdahon hrrr+st <br />(7. TraaAer of the pewperty; AswmpKon. !t all err anti part of the Property or an interest therein is sold or trarfsfetted <br />by Barrower without I,endtri poor wrttrn consent, rvcfuding tai the Creation of a lien or encuntbraace subordinate to <br />this [?erd of Trust, th) the Creanan o! a purchaxe nMtney security rntzrest tar hotrcthold appliances, (c) a tnrts[ar by devise, <br />dexem ar b} operahrm of taw- upporn the death o-f a t+~int tenant ar t d) the grant of any` ltasehaid interest of three veers ar less <br />mrt containing an aptwn to punhase, 1 ender rt:a}, at 1 enders option, du:lare all the sums secured by this Deed a( Trust to be <br />immediately due and pvyable. Leveler shall have weaved sorb vpuan to acwlerote if, poor to the sale ter twnsfer, Lender <br />and the prrxn w whom the Property rs to tx soled or transfer:crt reach agretmcnt m writing that the credit of such person <br />is satisfactory «r l.cndci and that the ,nterrst payable on the sums sCti:ured by this Deed of Trust xhaB be at such race as <br />Lender shall reyuext ]E lender has wa.eved the ,ryr«an to accetrraee provrded in this paragraph I7. and if Borrower's successor <br />m interest has cxeCUti a wruixn arsumpurvn agrtrn;rat accepted .n writing by Lender. L_endtr shall release Barrower from <br />rfl ohiigations utnder this fJked o[ Trost and {he Note <br />If Lender exerCrses such aptrmt to accelerate. 1 ender ;hail ma+l Borrower notice of acarleration in aCCOrdaneo with <br />paragraph 14 boreal. Such nouce shall peav iris ~ per rtW of n,+; less than ;U days from the date the notice is mailed within <br />w bleb 8artowrr ma} pa} the sums del laved due It Barrower foils t.+ pay such sums pror to the expiration of such period, <br />Lender may. wuhout funbet Hance nr demand :+n 8tzrrc>wrr, ins,ri.r an} rrntcdies permitted by paragraph tg bereof. <br />Nuis~U ktrtwi si t~over+xnts Barniwer and t ender tunher Cavtnam and agree ax faBuws~. <br />Ig. Arcekratww; Rtmedlea lixreq av provided in paragraph 17 herrwf, apow 6orruwer's breath of awy covettiwt ar <br />agrcemrat of Mrrrowtr in this [lkrd of Tract, inrludiag the srvtimnts to pay whew due any sutws secured by flits Otrd <br />rrt Trust, Lewder priar Ui arcelentiow shall mail mulct to Barrower m prosidrd is pansrap6 14 boreal' sptrUyhr~: fl) tlm <br />breach: lit for actiaa reyuirrd to rare web brrarh; IJI a dare, oat less than JO days /tom the date Ihr ttotke le maBted to <br />Borrower, d) wbia•h wch breach must fie cured: gent ICI that failure 1n cure sucA breach op or before the dale specified <br />in the wotice may result in wcelentiow of the wins secured by this Iktd of Trust gad sale at the Properly. The aolfce <br />shag tnrtbrr iw(orm Borrower of the right to rrfrtstalr attar arrelention and the right Io brfwg a coutl aclfon to assert <br />elm wan-txistewre of a default or any other drlrnar at Borrower to acrrkration gad gale. It the breach is not cured <br />tin ar before the dine specified in the aotkt, I.errder at Lender's option may decWre aft of the sums secured by this Dttd <br />of Trrst to be immediately due and payable without further demand and nfay invid{c the power of sale and gay other remedies <br />permitled by applicable law. l.cadrr shall br entitled fo rnllret all rrawnable costs awd expenses incurred is pursuiag the <br />rtmrdiea provided is Ibis paragraph Ig, iwcludiag, but o01 limited to, rravunable anortmy's fees. <br />!f tbt powu of sale is iavri\ed, Trusttt shall record a nutke of default in rash couwty in which the Property or some <br />pmt Ibereot is healed awd shall mail copks u( inch mgice in the mancer preuribrd by applicable law to Borrower and ro the <br />dhtr perwws prescribed by applicable hw. ANer the lapse of such time m may fie required by applicable law, Trustee shall <br />give puMk wulicr of sale to flit prrstms and iw the manner prcsrribrJ by applicable 4w. Truslce, without dernawd on <br />{arrpwtr, shall xttl Ibe Property at pwblic aartion wi the highest bidder at rhr lime and place and under the terms designated <br />is the native of salt b oat to morn parrrls and in such order as Trustee may determine. seater may prsslpone sale of aft <br />or awy puce) of elm laroptny by public annorimrmtm at the time and plan of any preriousl} scheduled sale. l.endrr wr <br />t<ndei s dcsiteee may purrlssre fbr Properly at any sale. <br />ltpwt rrreipl d paynmm of the price bid, Trw'rrr shill deliver fo flit purchaser Trastet's deed conveying rhr Property <br />sold. TMe recitals iw elm Trrpfer's deed shwa br prima lark ea idewcr of Ihr truth of rhr statements made thrreia. Trustee <br />shah apply Ibe prorte~ of feet sale is Ibe toflowige ruder, (at to all raaaowaMt rrwts awd expcwses of the sale, inrl+udiwg, but <br />wo1 litniltd tn, Trustees fors et woe more Than . 2 ~L1 of rhr gray's sale price, rrwwnabk attonrr'a trey awd rusts of <br />title evideaxe: (b) fo aB sawn snared try chic Dyed of 'f rust: and Ice the exrrss, if gay, to rhr person or peesom Iegdly ewfiWed <br />thereto. <br />lit Borrowers UiMM to Rriasnlr. Aotw,{nstan,l:rag (ender s a~ccicr neroo vt the wm+ sc. ue¢d hs this khed .+1 7 rue <br />&+rrnwrr sllxfl 2u-+ur the right to hurt a: } pv sv.. rc Jirtgc Ixgu~ 1 v I •ndei tv cntnr t P tk•r.f aI Trust dro.aMimu•d m <br />any un~ pleat to the rarhtrW 4lagul .±f € 1 the hfih aa} tnr4rra tf- - elr sf the f'i ofv>nt p irsu rat t~i rhr p+>wrr art sale uuatained <br />rn t,hi>, Drril of TP~t err tn1 envy pf a }eidgmuir t ^;<~a u;g chi. thed of Teuvt if ~ al Bur - u is++ t ender rah ,.pus a hi.-h vk,ruk; <br />he than tttir unak"r Chas Derd u# 1'ru,r. the Notr and rues sec nrvng Fui ors Advanu: a am had n .cE<-i ,uam ,K,u red <br />chi Be rr,rwrt cUrcYS all h+tati ihr ~+t gay arthrr anvenaxrti . egr centen?. =~t Bornnw-a-r .or.rpir+s^,f in'~~k~, f;rid .:. Iru.i <br />acs Ile rr¢>xtz lays all lax+,~a+,n?rSe eefscrn.cv :~, wnr,1 by louder an,? ir,r.tes~ ;, ..n,_ing the ,.t r.aien and ,.gr: urr+enn ,i <br />Bear rx+s~r ar+xtaireeat itr !hxa freed .x Trxnr ,.net an to€s>i u:ag L tnde+'r and 7 ria+*.e~ti , rrrmudir+ :+ ~: ~,+ide+f in era=.g•.,ph <br />~hpxro!`. ttrrhxdsa~, hint n:zr 9:m~ta:J t+r, rtusxnahk sti,x vet x-•, fee.. and ids f}errz,~a cr ;a1,re s,z.h xa+r~~n a. t red.°a nr,.r i,. ,~ :,.., n <br />rre}x*.ts &• ass++ra char kG~- t,u= ~_€ In+s Der.; ++t tease (emirate r-s m=tr rest .e ihr F'r ,gx ru a., _1 F4;.;:,=,+cr , .,h Lgai.,++i t.~--~ t <br />