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<br />by [his Deed of Trusi immediately prior to the date of taking bears to the fair market value of the Property atNYrprior to the date of
<br />[along, with the balance of the proceeds paid m Borrowu.
<br />If the Property is abandoned by Borrowu, or if, after notice by Lender to Borrower that the condemnor offus to make an award or xttle a
<br />claim for dsmagts, Borrower fails to respond to Lendu within 30 days after [he date such notice is mailed, Lrndu is authorized to collect and
<br />apply the proceeds, at LendN's option, either to restoration or repair of the Property or to the sums secured by this Dced of Trust.
<br />Unless Lmdu and &nrowu othswix agree in writing, any such application of pro[xeds to principal shall not extend or postpone the due
<br />dale of the monthly installments referred [o in paragraphs 1 and 2 hereof or change [he amoum of such installments.
<br />10, Aeerewer Net Rekaaed. Extension of the time for payment or modification of amortization of the sums sxured by this Deed of Trust
<br />granted by Lendu to eny snccpsor in intust of Borrower shall not operate to release, in any manna, the Babtlity of the original Borrower and
<br />Borrower's successors in interest. Lender shall not be required to commence proceedings against such sucttssor or refuse to extend time for
<br />payment or otherwix modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the original Borrowu
<br />and Borrower's successors in interest.
<br />! L Forbeuaete by Leteds Not • Wurp. Any forbearance by Lender in exercising any right or remedy hermnder, or otherwise afforded
<br />by applicable law, shall not be a waiver of or preclude the exerc3x of any such right or remedy. The procurement of insurance or the payment of
<br />taxes or other liens or charges by Lendu shall not be a waiver of Lendu's right to accelerate Me maturity of the indebtedness secured by this
<br />Deed of Trust.
<br />12. Restedip (~taeletlve. All remedies provided in this Decd of Trust are distinct and cumulative to any other fight or ranedy under this
<br />Deed of Trust or afforded by law or equity, and may be exucised concurcrntly, independrntly or successively.
<br />13. Saereaas zed Artlpa Boats: Jdu eM Serest IJeiBlty; Ceptloas. The covenants and agreements herein contained shall bind, and
<br />the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrowu, subject to the proviaitma of paraQaph IJ
<br />hereof. All covenants atd agreements of Borrowu shall be joint and xvual. The captions and headings of the paragraphs of this Deed of Trtua
<br />are for convenience oNy and are not to be used to interpru or define the provisions hurnf.
<br />11. Notla. Exttpt for any notitt required under applicable law to be given in anothu manna, (a) any notice to Borrower providcdfa,io
<br />this Deed of Trust shag be givrn by mailing such notitt by certified mail addressed to Borrowu at the Property Address or at sttd aher.addrgB
<br />as Borrower may designate by notice to Ltnder as provided huein, and (b) any no[ia to Leeds shag be given by xttifxd mail, return tocdpt
<br />reques[etf, to Lendu's address stated herein or to such Deno address as Lendu may designate by notice to Borrows as provitftx: herein. Aoy
<br />notice provided for in this Deed of Trust shall be deemed to have been givrn [o Borrowu or Lmdu when given in the masoer desigtuted.hsds.
<br />IS. Utti/orm Dead of Treat; Gereeaieg Law; SevenbBlq. This form of deed of trust rnmbiues u[riform covertanta for rntiowl rue and
<br />tron-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrumrnt rnvering real property. This Dadof
<br />Trust shall be governed by the law of the jurisdiction in which the Proputy is located. In the event [hat any provision or darter of this Deed of
<br />Trust or the Nott eonl7icu auh appligble law, suet[ conf3in shall not affect other provisoes of [his Dted of Trttat or the Note which can be
<br />given effect without the ronf3iceing provision, and to this end the provisions of the Deed of Trust and the Note are declared to 6e sevsabk.
<br />16. Bomower'a Copy. Borrower shall be furnished a ronlormed copy of the Note and of this Deed of Truri at the time of erlaat1011 or
<br />after rewrdanon hereo[.
<br />17. Trasats of the Pto0sq; Arumpfw. If all or any part of the Property or an interest thuein is sold or transfured by Borrows
<br />w i[hout Lender's prior written conxnt, excluding (a) the cveatinn of a lien or encumbran~Y subordinate to this Deed of Trust, (b) the creation of
<br />a purchax money security interest for houuhotd appliances, (c) a tronsfu by devix, descent or by opua[ion of law upon the deuh of a joint
<br />tr[tan[ or id) tht grant of any leasehold interest of then years or less not containing an option to ptuchax, Lendu may, at Lender's op6tm,
<br />declare all the sums accrued 6y [his Deed of Trust to be immediately due and payable. 4endu shag have waived such option to accelerate if,
<br />prior to the sale or [ransfer, Lendu and the person to whom fix Property is [o be sold or transferred reach agreement in writing the the.uetit of
<br />such person is satisfactory w Lender sad that the interest payable on the sums secured by this Deed of Trust shag be at such rate as Lends shall
<br />raluest. If Lender has waived the opnou to acaluate provided in this paragraph 17, and if Borrowu's successor in interest hat sxatatted.-a
<br />written assumption agtcement accepted in writing by Lender, Leader shalt release Borrower from all obligations tends this Dad of Truat,and
<br />the Note.
<br />If Lender exercises such opton to accrluate, Lender shall mail Borrower notice of aecdera[ion in accordance wi[6 {wngrapD-14 hereof,
<br />Such notitx shall provide a puiod of not less than 30 days from the dace the uodce is mailed within which Borrower may pay the scans declared
<br />due. If Bunuwu fails to pay such sums prior to the expiration of such period, Lender may, without furlhu notice or demand on Btxrowu,
<br />invoke at[y remedies pumttted by paragraph 1 d hueaf.
<br />4xAaaw~a L rA+i•tiiil~6 ~3
<br />NON-UNIFORM COVENAN'f5. Borrower and Lender further covenant and agree as follows: (
<br />' ~t~.lit.i^~"a
<br />10. Accekntlou; Remedka. Faeept d prodded ie paragraph 17 bereot, upw Bosows'a ~ OIAi~OB17~a~.M~M1-ot
<br />Basrows V rile Dead of Trost. iadtdtsg the rnrstuata le pay cases due anY sues secured 6y 16k ot'7tiitit, T i~ige`Y ~rlor to ast~MSlttloa
<br />shag mail wtlce to Borrows as prodded u paragrapi is ltereo/ epecityty: (ll tie brwcY; (2) the actlos esaaired to scare secs beasts; iJ) •
<br />due, sot leas lbu J0 days trop tie date of wore k mafltd to Burrower, by whk6 such bread mast bs cared; sad (O liu 6Bsre to caee asd
<br />(tread ns or betose the due s0ecitkd u the ands may resWt fa acceleatiw of tie cams aecttred by 1ih Dad o/ Trau sad sale of tie Praglerly.
<br />Tie aotloe aiatl turtle idurm BnrrowN of tie right to reimtate after aaekretlea and tie eigit to befog • troort aMiw to treat lie wa-
<br />eaWeacs nt • de[adt w say o[btr decease of Barrows to aecekratlw sad sole. It tie breach >s sot eared oa or before the date apedlted V lie
<br />aotlct, Leader at Leader's optics may detisre d at the sums secured by this Decd of Trust to 6e lmstdlalely due sad Dayabk witioat turtle
<br />denied aW mt(y iavohe the paws of auk aed ary otis remedies psmifled by applicable kw. Leader siaB 6e eatltkd to collect all reasoaabk
<br />costs sad exprasp lueerred iu Dnrsdag the rcmedka provided is tWs paryiraDh 18, lecladisg, Dul sot lim[lsd to, reawwDk attoreey's tees.
<br />if t4 pows of sale h tarohed, Trustee shall record • notice of default in each consry to cables the Properly or soots pars thereof k holed
<br />sad shad matl copies of sod notice is the manner prescrlDed by apDlkabk law to Borrower asd to the other perwus prescribed by applinbk
<br />Mw, After the iaDae of such time as my he required by epplkabk hw, Trustee shag glue publk notke of sale fo the person sad io fie maws
<br />prescribed by aPPMabk law. Traake, witioat tksand oe Borrower, shaft sdl the Property at publk auction to the higist balder d rie bate
<br />cad Dhrt and ostler the terms designkd ie the aortal of sale is Doe or morn panels and in sorb order m Trustee may dekraeiae. Trtutee taay
<br />postpoat sale of all or say pared of the Property 6y DuDBc aunouncetmnt at the time and plan of say prevfoasly scheduled sale. Leader of
<br />Ltadu's ddigsee rimy pttrrbue tie ProDerry rl any sale.
<br />UDoa rselDt of payment of lit Drlax 61d, Trwtee shag detlvs to the purchaser Trnstteb deed e~nveyisg the I'ropeny sold. The rerltrls in
<br />the Trstree's dead tiaN 6e Drlma bete erideaee nt the truth nt the atateroenta made therdn. Trustee shell apply the proceeds of the sale is the
<br />tolinwlag order: fa) to all rcaarubk cab sad exptares nt tit sale, including, but not limited to, Trustee's teen of nor[ more than _. _.'.' __..._._._ can
<br />nt tie grttea sole peke, reaaoeahk atintvay's Pets tad costa of dtle rvldeace: (b} to fit sums xnvred by this lleed of Trust: sad (c) the excess, it
<br />aaY, to tie ptr+toa or peranas Iega0y eadtled ItxrNO.
<br />19. Btrrower's Rfgit to Rdastrte. Ncuwuha[anding 1_ande+':, ac ccirral am ui [hz ;oars .e: ured by [bra i?aed o; True. Bc:rn±wrt shall ha.r
<br />t1'-c ry;tr[ In teaee and pt cx'~iinas btttun 6y t ceder fo color ct Itua ik'eif :.f Trust dtsiY?nimucJ at an4~ rime prrc~r [n :Ire cachet to ,near ut 1!) the
<br />t+fth day ~tt~'e the +alc tit [hr Property pursuant to flu fxswrr at tale .:on:arard rr. tills Lreetll .at Trust .,r [ail r»tru r! a !adgmrn! crzior_:ng fills
<br />tk~1 of 'Trust rt ttal fiorsgycr pe,ys lender :dl sums which wcutd I+r thzai dra~ under Chu ik>eil of f:ai:;. !lrr Rety° and tuo~r. s.~rmg t,r!u~c
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