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84v--•. 001957
<br />by this Deed of Trust immediatdy prior to the date of taking bears to the fair market value of the Property immediately prior to the date of
<br />taking, with the balance of the proceeds paid to Borrower.
<br />tf [he Property is abandoned by Borrower, or if, after notice by Lender to Borcower that the condemnor offers to make an award or settee a
<br />claim For damages, Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to coB[xt sad
<br />apply the proceeds, at Lender's option, either to restoration or repair of the Property or to the sums secured by this Deed of Tterst.
<br />Unless Lender and Bortower otherwise agree in writing, any such application of proceeds to principal shall not exterd or postpone the due
<br />date of the monthly installments referred to in paragraphs [and 2 hereof or change the amount of such inatWtnents.
<br />Ig. Borrower Not Rekued. Extension of the time for payment or modification of amortisation of the stems secured by this Decd of Trust
<br />granted by Linder to any successor in interest of Bottower shall not operate to release, in any matins, the Bability of the original Btxrower std
<br />Borrower's successors in interest. Lender shall not be required to wmrrtrnce proceedings agairut such successor or reftrae [o extaod time for
<br />payment or otherwix modify amortization of the sums secured by this Deed of Trust by reason of any demand [Wade by the original Borrower
<br />and Borcower's successors in intsest.
<br />1 t. FoeYewrce by I,rader NM • W Wa. Any forbcararrtx by Lender in exercising any right or remedy hercunds, or othswise afforded
<br />by applicable law, shag not be a waiver of or preclude the exercise of any such right or remedy. The prowrement of insurance or the payment of
<br />taxes or oNer hens or charges ay Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness sacred by thin
<br />Deed of Trust,
<br />12. Beasedles Gmrbtlre. Ail remedies provided in this Deed of Trust are distinct and cumWarive to any other right or renit'dY notice this
<br />Deed of Trust or afforded by law or equity, and may tx exercrsed concurrently, independently or successivdy.
<br />tJ. Saecaaon std Amtpr Bored: Jobs W Seeral 1LbiBly: Captlov. The covenants and agreenents herein ooutained shall hied, std
<br />the rights hereunder shall inure to, the respective suaessors and assigns of Lender and Borrower, subject to the provisions Of paragraph l7
<br />hereof. All covenants and agreements of Borrower shall be joim and several. The captions and headings of the paragraphs of this Decd of Trust
<br />are for convenience only atW are not to be used to interpret or define [he provisions herenf.
<br />la. Notice. Except for env notitx required under applicable law to be given in another rnanns, (a) any notice to Borrows provided for In-
<br />this Deed of Trust sha0 be given Dy mailing such notice by cmified trrail addressed to Borrower a[ the Property Adtirms or at stied other atidras
<br />as Borrower may designate by notir~ to Lander as provided herein, and (b) any notice to Lender shall be given by certified mail, return receipt
<br />requested, to Lrnds's address stated herein or to such other address as Lender easy desigrnte by notice to Borrower as provided herein. Atayr
<br />notice provided for in this Deed of Trust shall be deeated to have beet[ given w Borrower of Lender when givrn in the carnets ttesigoated herds.
<br />IS. Udam OW d Trru: Goverriag law; Se•enMYq. This form of deed of trust combines urdform covenants for [mdooal use and
<br />non-umtorm covenants with limited vananons by lunsdicuon to constitute a uniform secants instrument covering cal property. This Deed Of
<br />"trust shall be governed by the law of the lunsdtcuon tr. which the Progeny n located. In the event [hat any provision or datrse of this DW of
<br />Tntst or the Note conflicts wnh apphcablc law, such conflict shall nut affttit other provisions of tNs Decd of Trost or the Nola which tyn be
<br />given rf fact wnhom the conititttng provrsxm, anti to thts end the provtstcrns of the Deed of Trust and the Note arc deelued to be aeverabk.
<br />la. Borrower's Copy. Narrower shall be furnuhcd a vnformcd copy of the Notc and of this Deed of Trust at the time of execution or
<br />after recordation hereof.
<br />11. Tnufa of t4 P-oPeny: Armmptloa. If all or any pan of the Property or an interest therein is sold or transferred by Borrows
<br />w7thout Lender's error written consent, excluding ter) the creation tit a hen or encuatbrantt subordinate to this Decd of Trust, (b) the option of
<br />a par. hale money stcurt[y interest for household appliances, (c) a transfer by devise, descent err by opsation of law upon the dp[d of a joint
<br />tenant or till the grant of any Ieaxhold interest of three stars or fens no[ containing an option to purchase, Lends may, at Lender's option,
<br />dev:tare all the sums sr<ured by [his Decd of Trust to he immediately due and payable. Lends shah have waived such option to acceerate if,
<br />pnor to the sale or transfer, Lender and the person w whom the Property is to be sold or «ensferred recd agreement in wA[iog that the credit of
<br />such pecson a satutactory to L.rnder and that the interest payable on the sums soured by this Dted of Trust shall heat sut:6 rate as Leeds shag
<br />request, 11 Lrmler has waivtJ the option to aueieratr provided in this paragraph I', and if Borrower's successor in interest has executed t
<br />written assumption agreement acsxpced m wrutng by Lender, l.endrr shall mleax Borrower (coin all obligations Under this Deed of Trust and
<br />the NOie.
<br />!f Lender rxernses such apuwt to acceerate, f ender shah matt Borrower orate of acceleration in accordance with paragraph 14 hereof.
<br />tiuch natrce shall prostde a pcnud of not Irss than Ju days from the date the anti r is mailed within which Borrower may pay the strtns declared
<br />due. f( Borrower faits to pa} such sums pnor m the rxpvauon of such penod, Lender may, without further notice or demand on Borrower,
<br />mvuke any romedies permitted by paragraph Ig hereof.
<br />- '_ _ ,.
<br />NON-UNIFtaftM COVENANTS. Borrower artd Lender t'urther covenant and agree as follows: ~w ~~~a - °* ~ ~~ ~ ~ ^ ••
<br />Ig. Aceetlentlor; Itemadim. Except rs pruvfdd in paragrtrPY I7 bertuf, uPOr Borrows's beach o/ Ny ameYrt ,or trot„~l.ot
<br />Borrows h tW DW of Trtaq, irdrdirg tae covewu to pay w-tr die errs sums secYred by lids Iylyd of Trrst.l.Mdar-prior b acalrrrtlar
<br />sbaY asaY wtice to Bosows at provided it poeagrapa U ascuf ttpecifytq: 11) tae arpcY; (2) tae aclior rearirrd to [:arc acb bracer; (JI a
<br />dak, Yot km laze 3Y days from the date o/ wtice k ieailed Io Borrower, Dy wak6 aYea brcacA mrN be peed: W f4) tart /eLrrc to eve srrN
<br />blpca as v before tae date specified it the entice maY recall b accYkntlor of for same saYrcd by tY4 Deed of Trrsl W ale of tae Prnpaty,
<br />Tie erotica sarN trnber !dorm Borrower of tae Aga[ ro reirtak alts accekratiw sad the Agal to bring • corn actlw to scare tae erns
<br />gWarvt of a detwh a uy otaa ddeae of Borrows to accdsatlor W sak. I( tae breach h rot caerd o0 or betorc the dtrte apaef/tact M the
<br />erotica, I.erds at Leader's optlor my dative all of the arms secured br this Deed of Trot to be immediately dv W PYYabk wilaert tarlaer
<br />dtrmud W may broke tae pews of sale cad say other rcmdks paadurd by appBpbk taw. !.coder shall be roUtkd to coBecl all rersoubk
<br />cosh W cxpcase ircarrrd b pursuing [be «medks provided b thk pvagrrpa 1g, tnclydirg, bat out limned to, reawrabk allorvy's tee.
<br />tl tae pows of ark k irroked, Trasree saaB record • antler tit default in each couory io whiter the Property of some ern Ihereof k lopld
<br />W sbrB mall coPks of area write b the mars prescribed b> appBcrbk law to Borrower acct to the otaa peaces precAbed by appBtaWe
<br />kw. A(Iet the Irpm of arch lime m m.y br repaired by applicrbk Taw, Tragls shill girt pubBc notice of sak w the person W b tae maser
<br />Prercrtaad M rPPBcable law,'frYake, rrftaYat derwd oa Borrower. shall soli the Property err pYblk aactlor to the hlg-est bidder at tae tlare
<br />W Piree aW reds tat tams denigrated b the notice of sak is use or man parcek sad to sYCh order v Traske may determlre. Tratlte may
<br />Posquae eerie tit ell ur cry Pared of tat Property by pabbc arrouacetneat d the time acct Place of cry prcviuayY schedYied sak. L.stder or
<br />I:rder's detgas may PYRara[ tae PFOper(y n uy oak.
<br />L tPUr reveiPl of Myatt of tae Price biA, Yeasts atoll dews W the pYFrhvrr TrYSler'S deed roaveylrg tar Propert> aoW. fbe reritak in
<br />tier Tratar's deed s-aB k PrLta focle r•ideace of the [crib of rlw ataternenb made therdr. Trusts serail eels eke proceeds of the sak b the
<br />fvBewirg order: ts) to all rraorabk coats zed eaPemes a( the sak, ItYiadirg, but out Bm[ted 1u, f rwsts's fees of sot more than h!A __ °'o
<br />of tar gross ark prise, rratroarak utoney's tea sad roars of rlik rvldrorr: tb{ to all sums serared by this lyres[ of TrYSr; end (ri the rues, if
<br />aq., to tae psaor ur Prr•om kgagy ertltled thereto.
<br />!9. guutrawer's Bigot to RliYtatt. t+ttstwrthctaa~erg 1 rncLL r'+ a«cirr a; Tor. cat the s:rn~ s+sut ed bs th c 1'-res; of i ~ uv, t}<tr ~ overt ,tudl naa~
<br />r~ rtya-n tt? have zees Wrscredtn~ htitun by Ltndtt :.~ rrtiotit thia 17eed .;i f rus; dtuaa[inur..~ a xns rmr Dn:u :,, tfu° car3tct ~,, .n. ~:.t= tit'[+r~
<br />fifitls t1t+r btdcxe the tak of flee Pr.+p€'nt pursuant to der Ixirwet of sale ,nnt~!,a~ m sht> 13eei! c-e f tsar .._ , .~ eue t .~~ n ,~adgmr^~ rut.a,;r.g :F;.
<br />f A's`52 E=t ft4st ~'. cal fyUrrn'~Yfif rya Y%;..H'ts}e all sutra; whtth call bid ;ar .R,- ix..,.i:dsY ;hL IMi, ,. , ~ ti..tf !_ .,.,~C. a,tu n;a ( n~ c
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