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84 -- 001937
<br />9. Corrdemnatfon, The pros refs of any uuard or clarm for damages. direct or consequential, in connection whh soy
<br />condemnation or other taking of the Property, or part thereof, nr for conveyance in lieu of condemnation, are hereby aasigttted
<br />and shat! be paid is [xr>der
<br />In the event of a [mat taking of the Property. rhr proceeds shall he applied to the sums secured by this Deed of Tent,
<br />with the excess. rf any, paid to Borrower H' the event of a partial taking of the Property, unless Borrower attd Lender
<br />otherwise agree m writing, there shall he applied to the sums secured by this Decd of Tent such proponion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Decd of Trust immediately prior to [he daft of
<br />taking bears [o the fair market value of the Property immedrately prior to the date of faking, with the balance of the proceeds
<br />paid m Borcower
<br />If the Progeny rs ahandoned by Borrewer, or if. after notice by tender to Borrower (hat the condemnor tdters to teak!
<br />an ewer) or settle a claim for damages. Harrower fails to respond to Lender within 30 days after the dale such notice i!;
<br />mailed. Lender is an[hnrned to collect and apply the proceeds. at L.ender's option, either to restoration or regale of-the
<br />Property or to the gums secured by this bred o[ Tntst_
<br />l tutees 1 ender anJ Bormu•rr utherv+:,c agree in writing, any suct+ application of proceeds to princrpal shah ndt extetld
<br />ar pastpane the Jar date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount Of
<br />wch costa ltmrnts
<br />10. Borrower fief Rrleared. Eaen<ion of the time for payment or modification of amortization of the sums secured
<br />by thee Deed of l~ru,t granted by I ender 'n env vuccessnr in interest of Borrower shall not operate to release, in any manner,'
<br />the hahdrty of the original Hormwer and &xrowcr's successors rn interest. Lender shall not be requirod to t:omr11e1We
<br />prc>ceedmgs .+ga rose wch successor or of use to extend nine fur payment sir mherwise modify amortization of the'sums
<br />,ecured by [his Deed rat Tntst ty :rasnn of am dcmanJ made by the ongtnal Borrower and Borrower's stccessors in inltrat.
<br />I1. Forbearance by Ixnder tiot a Waiver. Atn hrrhearance uy Lender m exercising any nght ar remedy hereunder, or
<br />mherwwe afTarded h; apphcable law ,hall not t>z a waiter of s,r preclude the exercise of any such right or comedy.
<br />the pracurrmrnt rat ;murana• nr the payment of razes nr other liens nr charges by tender shall not be a waiver of Lettdet's
<br />nght to accelerate the rnawnty :,f the u,drhtednrss ,erured by this Deed of Trust
<br />IZ. Remediex Cumulati.~r. l!I ,-cmectzrc provided rn this Dced of Trust are drsunet and cumulative to any other right
<br />sir remedy render !hu I)eeJ sd frost er ~tfnrded he !aw or eywrv, and may he exercised concurrontly, independently or
<br />suceesxtvdy.
<br />S3. Socccason and 4xtigns Bound: Joint sad Several (,lability; ('aplfom. The covenants and agreements herein
<br />contained ,hall hmd..rrd the rights hereunder ,hall inure to. the respective successors and assigns of Lender and Borttwrer,
<br />,ubtect m !tic pmyrs+ons of paragraph i7 hereot All covenants and agreements of Borrower shall lx joint and sevent:
<br />the capnor., .rod headings of the paragraphs „t ;hi, [yeed of Trust are for convenience only and arc not to be used to
<br />Interpret .,r define the pravtvons hereof
<br />14. Nwfce. f.scrpt tar am nonce requurd under apphcable law to be given in another manrter, (al any notice to
<br />Harrower prnv+ded for in thee Lhed at Trust shah tx given by mading such notice by certified mail addressed to Borrower at
<br />the Yn,perty ~iddress ,+r at wch mhcr address <s Borrower may designate by notice to Lender as provided herein, and
<br />±bl any nonce to fender shall t,e given by certified mart, return receipt requested, to Lender's address stated herein or to
<br />wch other odd tees as Ixnder may durgnate by nonce to Horrower as pravided hereto. Any notice provided foe in this
<br />t)red of "inzst ,hail i`e drrmea n, have hero given ;o Borrower nr !ender when given m the manner designated herein.
<br />15, (:ndorm Deed of "1'rnsC Governing 1 aw; Severabililr. Ihrc form of deeJ of [nest combines uniform covenants for
<br />na UOnal use .rod n unrtcum .ovenants wnh iumtcd ,anahons M- IUnxdtthon to conslitale a uniform SCCUfitV inatrY1M111
<br />enng real protx~n; thee t)rrd ni I;mt ,nali he governed t+y the law of the }unsdictwn in which the Properly is lopted.
<br />~In`ihc eva•o' that .u, per ~v r,u,n rr r.iause ~d thee Ihcd of True[ nr [he Nate c'anflicls with apphcable law, such conflict shall
<br />utl alTeu •nher pn~s:,ton, ~+, tors f?era ,•t I runt nr the Nu[e which can fx given e}Tect wzthoat the conflicting provision.
<br />and !o ~hrs cent the provrs~ons at the Deed of i7ust and the vote arc declare) to be severable.
<br />16. 8arwwer's Copy. Borrower shat) tie ~funnshed a contonned co{rY of rhr Note and of this Deed of Trust a/ the time
<br />of rxecuaon nr alter rrurrdauon hereavl.
<br />17. Trausier trt the Pr.peey; AtwmrrpWs. if all nr any pan oI the Property or sin interest therein is sold or transferred
<br />by Born=wet wi=.hnut Lender`s prtor wnrtrn consent, c•xciudatg +.e) the creation of a tiro or encumbrance sulwrdinala to
<br />thzv lhrd sit ;Y:ur.: h. i ;he r+eatun of :a purchaar nr>uey era urny uuerest far honer--hold apphances, (e) a transfer by devise,
<br />,lescent ar t:y +,peeauan .=f law ^pan the deatu a[ a gaol truant ar {dl the grant of any leasehold interest of tht'ee years of less
<br />not .untatumg an „peon ~.~ [wrchasr. [ender may.:rt f enders apuan, Jectare all the sums secured by this Decd of Trust to be
<br />~,aurtedtateiy due :rd payahk. i ender stint! have nerved atuh upuan to accelerate if, pricer to the sale or transfer, Lender
<br />.asd the prrwn ,a• chum the Property s to be sold or [raos(rried mach agreenttnt m writing that the eredit of sloth person
<br />s saustauort ~,+ i ender and that the +ntcrrat Iwyablc sin the .win secured by this Deed a( Trust shall be at such rate as
<br />!ender shall rcyucst tf Lender has waived the i+ptian n> acretrrate provided m thee paragraph t 7, and if Borrower s successor
<br />ra +merest has exe+.utrd a untten aasumpaan agrcernent accepted m wnnng by Lendrr, (ender shall release Borrower from
<br />cell r,t+hgaua;ua antler thin Uestii o1 fens= and rhr ^rate
<br />tt t.erdtr e rests ,ueh ~•puan t: .c. a-fete ~.. !ender ~hs;i mad Harrower natece of acceleration in accordance with
<br />paragraph Is hereo! Suah settee shall pn,v rdr .+ pen.ul ns not Icy than Ul days from the date the sauce is mailed within
<br />whrth tiazrtuwtr -~~.,> pay the Hansa drdnrcV ~!ur if Borrewer fads .a pay such sutras guar to the exprialion of such peeled.
<br />Lender roes, nohow tanhe+ notru~ .~+ demand .m Honawer. invoke any rrrnedres permitted by paragraph I8 hereof.
<br />hunI. ~r oaxr a~+rvt n.rru Houa~u cr end i ruder further wvenaat and egret as follows:
<br />la. Arcekraliao; Remrdles. M;xrepr a, provided fn paragraph 17 hereot, uptw Borrower's breach of any covertttM or
<br />akrtement sit Borrower in this l.leed ul Irusl, includittg the roveaaw4 to pay whsa date soy sttme stcnred by Ihw Dad
<br />of Trost, 1.-ndtr prru to ecrrkration .hull until natirs to Borrower as provided in puasrap6 14 hereot apecifyfo~; (1) the
<br />breath; 121 rhr action required to cure such Itreaclr: 1J1 a dale, cwt leas Ihaa 30 days from the dais the rtWke ix mailed to
<br />Borrower, by which wch breach must 6r toted; and 191 that faflave fo curt sucp 6tvach oo ar before the dNe specffled
<br />is the iwticr may rrsuh in acaeltralion of [tic sums .secured by thfs fked of 7'ntt4 aced lade of the Property. The rwtkre
<br />shaft further reform Borrewer sit flit right to rclastalt after acceleratioa and the right to briag a court actloo In assert
<br />the nun-rxislener al a dttautt sir any stther dstrnse of Burrower to acceltralfoa aced sale. It the breach fv not cured
<br />an sir betort the zlatt sprrified in the ntr[ice, Ixnder at l.eadrr's oplimt nay dtxlare a6 of the sums secured by this Deed
<br />of t"cwt to be imoudwtely die and payable witlwut further demand and Wray invoke the power of sate and any ollrer remedies
<br />permitted by applicable law. Ixnder shall De rotitkd w cogect all reawna6le cosh and rxpemYS iocurreJ in putsuiag the
<br />remedies provided in this paragrapp Ia, ioclydiag, bur oat limited to, rcawnabk attorney's fees.
<br />li the power of salt is ins oktd, Trusltr shall record a notice of defauU in each couafy in which the Property or some
<br />part thereat is located and shah ma0 cupiea of aoch nutlet iw tiro m r. pr ra+ribrd by apylirably Inw lu Borrower and fu /be
<br />other prrwm prrxe ribrd h} appl:ra6le law, after rhr lapse of wch trimr ax may be rerluired by applicable law, 'People dull
<br />give puWir rwticr of .salt to the persons and in rhr manner prescribed try applicrbk law. Tropes, without denraod an
<br />6orrowtr, clwU sell the Property at public aaction to rbe highest bidder at rhr flute and place and under the terms daigwled
<br />in IM rwlNe of safe is our m mare parce6 aced in such order as Trustee may dttermiM_ Trustee mar postpone sate sit all
<br />at ace} parcel of flee Property by public anMwacemrot at rhr flint aced plate u( any pr~~lomly srhr(IWed a~dt. [.ender or
<br />Ixndtt's tlt?ignet may purrhme the Property u awy sale.
<br />Upan rcertpt of parmtol of the price bld, Trustee shah deftest io rhr purchaser Trustrr's deed conveying the Property
<br />sold. '1'At ncitats is flee Trastre's decd shall !re prima facie rvideocr of the truth of the statements aside (herein. Trestle
<br />shrB apply for ptsrcrttts sit the sale is the /olbwing order. ta} to all rtuvunable costs aced exyenses ut rhr .ale, incladtrrg. cwt
<br />real limited ta, `I raster's fox of nai mote than Z'-q -~f ^~ of the gross raft price, reasrmable attorney's Tres and cwts of
<br />titltt evidtnrr; (bf to aB sums stcnrrd by this IyeeU of Trust: and Ic) the exarss, if any, to rhr perwn sir persons Irgatly entBled
<br />!'retefa
<br />t9. BOrrawtr's R~trt to Rdnwaty. 'vatw ^haland,ng 1 render ; atrlc•rauaiir •:I rhr. ,tint, . v.n cJ by thee ik^ed of i rue!.
<br />fk,r rawer xttall have rRe nght hs have : of lu,k redings lR gun 6y 1 ender entorn- this Dresl at fni,r ,. unnmurd a
<br />any umr is+nu !a rhr r, r is .>t.ur sit 1 ~t [ha- 111th dal hehrrc flee ,ale of the I'rolacnt psi nun ra br the fx•ud ,.~ ,ale coaiau~rd
<br />: •hia I7ae:f al i"rrs[ rnrr• nets of a udgmrrn cJ,r;arug rhr. f k~ed .•f ". , . r.,r Bon owe: i a?• t rr.der all s _ .>,,rch .. ard+f
<br />fe; th€r. A[ar .,ndc+ rh:, t~b,:c.? ,:f feud rhr ti*+tc an.l +:,,ree ... .rag h„lens +Advurae+, ,~ n bad n else.+i,on rcd_
<br />n r -: ,e
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<br />tk - v ~ s_,hlc c,ptrracn _, .r 1 l f r^•irr rxi t., t, h a t a _
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