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<br />9. Condemnalbm. Tbt proceeds of am~ award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of the Property, or pan thereof. nr for conveyance in lieu of condemnation, are hereby assigned
<br />and shall tx paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Deed of Trust,
<br />with the excm, if any, paid to Iorrower. In the event n[ a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in wetting, there shall be applied to the sums secured by this Tkcd of Trust such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Derd of Trust immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the dale of taking, with the balance of the proceeds
<br />pafd to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Burrower that the condemnor offers to make
<br />an award or settle a claim for damage, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />maikd, Lender is atnhtrriud to collect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Properly or to the sums secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall no[ extend
<br />or postpone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such itnkllrnents.
<br />I0. ^errnwer Not Rekmed. Extension of the time fur payment or modification of amortiration of the sums scarred
<br />by this i)eed of Trust granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest Lender shall not be required to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify embrtiEation of the stems
<br />secured by this Decd of Trust by reason. of any demand made by the original Borrower and Borrower's successors in interest
<br />1 L Forbearaaee by Lewder Nola Wniver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />>therwise aRorded by applicable law, shall nut tee a waiver of or preclude the exercise of any such right or remedy.
<br />The prceurcment of insurance or the paymem of taxes or other liens or charges by Lemler shall not be a waver of Leader's
<br />right [n accelerate the maturity of the indebtedness secured by this Deed of Trtut.
<br />I2. Rewedlrc Cawahtive. All remedies provided m this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of 'Tout or afforded by law or tyuity, and may be exercised concurrcrMly, independently or
<br />succataively.
<br />13. Sacce'ww and Acdgr Round; Join) sad Several LiabYky; Caplbws. The covenants end agreements 6ercin
<br />runtained shall hind, and the rights hereunder shall inure tr>, she respective successors and assigns of Lender and Borrower,
<br />subject ro the provisions n( paragraph 17 hereof All covenants and agreements of Borrower shad be joint and sevapl.
<br />The captions and headings of the paragraphs of this fbed of Trust are for convenience only and arc not to be used to
<br />interpret or define the provtsions hereof
<br />11. Netke. Except for any nonce reyuued under apphcable law to he given in another manner. (a) any oMitt to
<br />Borrower provided for in this fbed of Trust shat) tx given by marling such notice by certified mail addrtxxd to Borrower at
<br />tM Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, amt
<br />ibi any notice to Lender shall he given by certified mail return receipt requested, to i,ettder's address stated herein or to
<br />-uch other address as Lender may detgnale by ^oucc m Borrower as provided herein. Any notitt provided for in this
<br />Deed of Trust shall fie deettred to have Faeen gtven to Borrower or Lender when given in the manner designattal hercin-
<br />IS. Unitorw Deed of Trma; Coversiwg 1-aw; SeveraWWy. Thts form of deed of trust combines uniform covenants for
<br />nauonal use and non-undorm covenants wish hmtted vanauons t>y tunsdiction to constitute a uniform security instrument
<br />:Ducting real property. This [bed of Trust shall t+e governed by the law of the Iurisdiction in which the Property is 1og16d-
<br />in the event that atn~ provuton or clause of this bred nt `f`rost or the NMe conflicts with applicable law, such conflict shall
<br />not affect other provtsions of this Derx1 of Trust or the Note which ran t+e given effect without the conflicting provision,
<br />and to this end the provisions of the [lied of Trust and the Note are declared to fie severable.
<br />Its. Sarrower's Copy Bortuwer shalt fir humxhed a conformed copy of the Note seed taf this Deed of Trust at the lima
<br />of execution nr after recordation hereof.
<br />17. Traarfer of 1-e Property; Aawtwpliow. It ail er any part of the Property or an interact therein is sold or tratnferred
<br />by Bornawer without Lcwdtr`s prior wnnen a>nsent. exctudiog tai the creanon of a lien of encumbrance subordinate to
<br />;his [bed of Trust, t 6) the creation ut a urchase money security interest for household appliane:es, (c) a transfer by devix,
<br />descent or by operation of law upon the death of a rotor tenant or i d) the grant of any leasehold interest of three yean or kss
<br />not coneaimng an option to purchase, L-eraser may, at 1 trader's option, declare all the sums secured by this Deed of Trust to be
<br />,mrttaliately due and payabk. l.etder shad have warned such opton to aettterate iL prior to the sale or transfer, Lander
<br />and the person to whom the Property es to be sosW ar traosftned reach agtertitrn! in writing that the credit of such person
<br />is satisfactory eu Lander and that the interest payable on the sums socurtd 6y this Deed of Trust shall be at such rate as
<br />t-ender shall rrgtrrst. It tender etas warned the option to accelerate provided in this paragraph 17, and if Bortowarh sttcceasor
<br />~n interest has executnf a written assumption agreetneni accepted in venting by Lender, Lender shall rckase BorlOwtt from
<br />al! uitligauons under this Deed of Trust and [hr Notes
<br />I[ Lender exercises such option m accelerate. 1 ender shah mail Borrower notice of acceleration in accordance with
<br />paragraph 14 hereaal. Such nonce shall provide a prnod of nut Itss than 3t1 days from the date the notice is mailed within
<br />which Borrower mag pay the sums declared due. I( Borrower fads to pay such sums prior m the expiration of such period.
<br />Ixnstar may, without further notice or demand on Burrower, tnvuke any remedies permitted by paragraph If! hereof.
<br />NoN-U vtFUttta Cctvetswtrrs Burrower seed Lender turther covenant and agree as fnllowe:
<br />18. Acretetatiw; Remedies. E:cep r: provided in paragrnpb Il hereof, upmr sarrowet's brsacb of any coverrtttN or
<br />apeerwrat of ewreower in this Deed of 7 Wit, iactutliwg the cnceaants to pay when due any sows secured by Ibis peed
<br />of 7'rtetJ, lewder prior to accekralion stole mail notice to Sorrowtr m provided in paragraph 10 Mtrtd trpecHyia{: (J) the
<br />lreacb; 12) the aclioa rpuirtrd to cure such breach; I3) a data nq lem rhea JO days from the desk the nolke k wtaYN to
<br />Rerrowrr, by wbicA sarA brearA mtrw Ae cured; seed 10) thee failure to cure such breach o0 or before the date specified
<br />in the oWkve may recede in mcekraticm of the sums scented by this peed of "Prose awl rate of fbe Properly. The aotke
<br />abaY farl4r inform 6errower of the right ro reiMale after accrkralirm and the right to bring a coati action to aseeA
<br />tbt Wan-esistenct n(a ddarB ur am other defense of 6orrowrr to acceltratian and sak. If the breach is aol cured
<br />oa or befsve the date specified in tk trottce, lender at Lender's option may declare alt of the sums secured by Ibis prod
<br />sst Trost m be imtwrdLNely dw and payable without fnrtbrr demand and may invoke the power of sak and soy Wber remedie
<br />permitted by applicablk law. leader shall be entitled In colket aB rtasooabk costs and expenses incurred in pursuing the
<br />remedies provided La this pttra8rap6 18, iociudia8, bq mn limikd hr, reasonable anorney's fees.
<br />If the power of sale ks Lnrokpl. 7'rtWee shall record a wtitt of defwlt in each county in wbkh the Property or some
<br />part thereof h located wd shall mail ropier of such notice in the manner prescribed by applicable law to 6orrawer sad to the
<br />Wber peeves prpcribed by applleahk law. ANer Mt lapse of sorb time a~ may be required by applicable law, Trustee shall
<br />girt public nolke of ask In fbe persona aad in the manner prescrthed by applicable law. Trustee, without dentwd nn
<br />inrtowrr, stroll se8 tbt Property rl public auction to the AiBhesl bidder at the time and place and under lbr terms desigaaltd
<br />H the melee of sale in one or more parce6 gad m such order as Trtutee may drlermirx. Trustee may porlpowe sale of all
<br />or say parcel of IYe Property by puhBc anoourwemrm at the time and place of any previotsdy schedtded oak. (ender or
<br />I.rader's dasiewee way parcbme the Property m soy sale.
<br />L+ reuelpt ref payment of the prier Aid., "frwtce sba8 deliver to the purchaser 'frustre'a decd cvarveying the Prtyrerty
<br />arrW. leer reclfab in the 7'rvslrt's deed shall Ae prima facie rvidtm~e u[ the truth of the statements made tlrrtein• Truster
<br />staaB apply the proceeds of the sale ks the fulbwigg seder. tat to aB reasonable c+nnts and rxprests of the sale, inrludirrg, Aul
<br />nd liwilad to. TrmNet's fray of not nnrrc tlww ~ of 1'°v of the gnus oak pria~e, rrassmable atlorrtty'x fees and svwts of [irk cv idtncr;
<br />rbi to ag saws srearrd by Ibis (lard of Trust; and let tlrr tacrac, if any, t.u tltr perswt or presorts legally rntltlrd tlrcrrtu.
<br />191. Mrrpwer's R~-t m keiastale. ttiutw ri iastandrng l:ender'z aece€erauun of the >ums sc°rured pv tbn Deed rf fru.a.
<br />&'n rower aha[I have the rtght to haver Wray pr crc eedtngs tscgun by I ruder n. enftvice Iftea Detd cf Lrus4 ~I~sconunucd at
<br />any tture prier to rim tarletr to e.+crtu of bi the $Ith day before the :alt srf the Pratx:ny Ixtrsuant to the power ot` sa h^ cont.vned
<br />,n this 1]erd of Trust err Lrai rmr~y .>t a i+x[ggment enfc>rring rhea Lyta~tl at Trust tt tae Btx rr,~xer pays t ender .il! sumv whrrh wueit+!
<br />err thin due utulea tArs Ilrrd of Tnrat. ih.t Note ;cod r+utt. xe. ur mg Fnturr Advanres. d arty. had nn a. rt2rr;tuor. ;'v: urr,d,
<br />Sty Rsrrrvwer s~utvs all beta@rex a>f any rather eovenamx .vr agreements of Bcrrrawtr contanaed ,n this Deed .+I Tnru.
<br />rc7 li+arrt>=.-er pays all reuse+nabit cvpenscs t~-t.rred by 1 rn.fer and "Tnrstte :o ensnrang the .o*rnants anti a.;rer. nrcni, „!
<br />Burnswtr rcustaaat:4 in rhea ~d of Trust ~:d ur enfor>ntg I trader's a+~ 7r:aalec: remtirc~ a; prar~.}td ~n tsaragraplt I~'1
<br />hereof, tatty ixrditrg, trot new tjmttevt ta. rvasurrabiu aFrorncy `~ fa°ca. a±x.t (.1t Nearn=wet ;ekes su..h a<tt,>n as ! v°n;1er rna; tcn>+r+r,:}„s
<br />em4+r[rg r;, xt: wr+t tknt! rhv' ife+n ,.4 ih~~s C1-sd of ~fru=v f wnde{a tnrcrest rn Inc t'r,.fx,; r•y axsct 6o+~rawrr'r rhhga.r.~~- r. r
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