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84~.,,,~ 002072
<br />9. Cowdewwrbw. The proceeds of any award nr claim for damages. direct nr canuquenual. in connection with any
<br />condemnation or other taking of the Property, ar Fact thereoL or for conveyance m lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the event o(a total taking of the Property, the proceeds shall be applied to the sums secured by this Deed of Trust.
<br />with the excess, if any, paid to Borrower. In the event of a pools! taking of the Property, unless Borrower and Lender
<br />otherwiu agrtx m writing, there shall be applied to the sums secured by this Deed tit Trust such proportion of the prorxeds
<br />as is equal ta that proporiron which the z:nount of the sums secured by this Deed of Trust immediately prior to the date of
<br />taking bean to the fair market value of the Prnpertv immed,ately poor to the date of taking. with the balance of the proceeds
<br />paid ta Borrower.
<br />If the Property a abandoned by Harrower, or ii. after notice by 1 ender to Borrower that the condemnor offers to make
<br />an award or cattle a claim for damages, Borrower fads to respond to lender x-rthin ZO days after the date such notice is
<br />mrikd. Lender is authorized to collect and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />Praputy or to the sums secured by this Ueed of Tntst.
<br />Unless Lender and Borrower otherwise agree ,n wrung, any such application of proceeds to principal shall no[ extend
<br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of
<br />such installments.
<br />10. Serrewer Nr Rekad. Extension of the nine for payment nr mod,fication of amortizaton of the sums secured
<br />by this Daxd of Trust granted by 1 .ender to any- succc!ssor m (stores( tit Borrower shaft nut operate to release, m any manner.
<br />the liability of the original Harrower and Bortvwer's successors ~n imerest (.ender shall not be required to commence
<br />proceedings against such successor or refuu M extend nine for paymem or otherwise modify amortization of the sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower i successors in interest.
<br />1 L Forberrere br Lewder Nr a Wainer. Any (arbearana:c by lender m exercising any right or remedy hereunder, or
<br />-nherwiu afforded by applicable law. shall not fx a waiver of or preclude the exercise of any such right or remedy.
<br />the procurement of insunrrce or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to aaxelenrc the maturity of the indehtedneas secured by flits Deed of Trust
<br />l2. Rewediea Cerrlrtlve. All remedies provided m this Deed of Ttvst are dssanct and cumulative to any other right
<br />or remedy under (lies Ih:ed of Trust or aRorded by law car eymty. and may be exerciud rnncurrently, independently or
<br />SUCCra{IVlryty
<br />IJ. 5wera~rs rwd Asrlgr ~erwd; lilt rwd Sr•erd 1lrbllky: CaNio~. The covenants and agrcelnents herein
<br />contained shall bind, and the raghts hereunder shall inure to, the respective successors and assigns of Lender and Borrower.
<br />strbpct to the provisions of paragraph l' hercot All cnvenanu and agreements of Borrower shall he joint and nuns!.
<br />the nptrona and headings of the paragraphs c+t this Deed of Tnnt are for convemenee only and are not to he used to
<br />interpret or tfefine the provision hereof.
<br />11. tiotite. Except far any nonce requred under applicable law w he given m another manner, (a) any notice ta
<br />Borrowu pravidtd for m this Deed of Trout shall be given i,y mailing such nonce by certified mail addressed to Harrower at
<br />the Propem Address or at such other address cu Borrower may designau by notitt to Lender as provided herein, and
<br />t h) any notice to !.ender slut! tie given by cemfied mail, return rr.Yipt requested, to Lender's address staled herein or to
<br />such other address as Lender may desrgnate by nonce to Harrower as provided betels Any notice provided for in this
<br />Deed of Trust shalt be deemed to have horn given to Borrower nr Lender when given m the manna designated herein.
<br />IS, Udferr Ded d Trtsr: Go•erehrg Law; 9e•enbiYt}. The (orm of decd of trust combines uniform covenants far
<br />nauotul use and non-uniform covenants wish limned vanations ht ;unsdtction to constrtute a uni[orm security instrument
<br />cavenng rwl progeny Thu Deed of Trust chali f+e governed by the law of the funsdiction m which the Property is located.
<br />In the neni that any provasmn ar clause of this Iked nl Trust ar the Nate conflicts with applicable law, streh conflict shall
<br />not affect other proviswna of this Deexf a/ Trust nr the Note which can he given effect without the confliMing provision.
<br />and m this end the provsiots of the [)foil of Trust and the Kote arc declared to he uverabk.
<br />Ib. Mrrowp^s CMy. Harrower shay be turnntied a .;unformed copy at the Note and of this Deed of Trust at the time
<br />=t execution or after rcrnsdation hereof.
<br />17. '1letrrr d Ibe hNessy; Aa.rr10Y... If a8 or any pan of the Property or an interot thuan is sold or tratts[erred
<br />ray Horrower without Lender's poor wnttm caansen4 excluding ! a 1 the creation of a lien or encumbrance subordiaate ta
<br />this Decd of Trust, [b) the cranan of a purchase manly su;unty interest far house-hold apptanem, tc) a fnrofnr by ~viu.
<br />ckscest ar by npention of !aw uprm the death of a font tenant or t d) the gem of any l id interest of three yeah ar kss
<br />awl cmiuining an option ra purcluax, Lender naav. at 1 ender's nptwn. declare off the soma stxures! by Ibis Dted of Trust to be
<br />~mnrafiately due and payable. I-order shall have warvcci ouch opuon to uceknte if, prior to the sale or transfer, lender
<br />attd the person m whom the Property n to tx sold nr transferred reach agrament in writing the the credit of ouch person
<br />rs satufactary to Corder and that the imuat payable on the sums secured by this Dad of Trust shag be at such rate as
<br />Lender shall request. if !seeder has waived the olatan to accelerate provided in this paragnpb 17, std if Borrower's strererlor
<br />.n intent has executed a wnrten assumption sgreeniem asa:epled in writing by L¢ndu, Leader shalt rclerse Borrower from
<br />all irA.iigataotw newer ibis aced of Trent and rite tiau_
<br />If Lender exercises such option m a-cxleratr. 1 ruder shalt mad Borrower mice of atxelentian in accardrlree with
<br />pangnph 14 hereof. Such rwhce shall provide a perraxl of lint !cu than 3[) days from the date the notice is mailed within
<br />which Borrower may ppaay the sums deciuasd due. 1( Harrower fails to pay such sums prior to the expiation of such period,
<br />Lender may, wutrtwt firnher nrxice car demand on Harrower, invoke any rcmedka pertnittahf by patagnph I S herrw(.
<br />Note-ltnit^awru ('rnetswrirs Harrower and Lender further cuvenrm seed agree as follows:
<br />Ig, Accekrriow; Rowdies. Eacrgt r gro•Md is prrgrtgY 17 MrsoL upw /rrresrer4 frreseb d uy cs•ewss/ w
<br />rgrttewswt d Bassewer it Kris !feed d Tress. iedrdiwg the eovewrb la py wbtw dwr wy fwM arrwted by Ibis Orrd
<br />d Teter. I.errder prior to rcceleratiow sarN ryil rrolice le Brrewer w grovi4r fa pungrtsglr 11 fwttr/ spd/yfttgt (1) Ibr
<br />brtrrb: 121 Ifs adirw repird to ewe suer breach; Iii • tale. air les Ica 30 uys trrw tfw elate tfre tart4e fs ttrtti/d tr
<br />Borrower, by w-irb sorb freacb (carer 6e reed; rd 111 Ilrrl trgN'r to crrc sorb fwrweb M ar befrse Ibr title spriid
<br />in the wotkr wavy restsM in rcderslM d for weave secwd by ibis Deed d Teri rwd Mle d Ibe Pn/rsiy, The tsrlke
<br />.lug lwtber iwforw Borrower d the rig6[ to rcia4ate tiler wceferasir red tfx right l0 6ri.g • cosA esifrw M scar!
<br />the rrnw.rriYerce of a defrwM w awy rber detewsr of Bwrwwer to acceletriaw word ask. 1f tfae beereb b er rtstd
<br />caw a 6dsre the dale s~ttiged hr the satire. Lewder N Leader's aptiear wrY desire rB d lbe caws secured by Ibfr I1kei
<br />d Trwt to k iwwdirtely dwe awd praMe wNMwl frrtbrr drwred awd carry iwvebe the ewer d rrle Mil rwy rfrr trees[dies
<br />PerwiMd h a~li[rblt M. l.ew4r drY be eeUtled ro csrfkas all rcrewrile earls rs/ esprrw iwcwrred iw prtufeg the
<br />reswrdisr /naridd M ibis pr~w0b 10, irtirditrg, bw car Owed le. rearerble trssuswey's cert.
<br />If Ibr paver d oiler ilw•obod. Trwsee sbrY record a wotice d defwH k eseY eatery is wittkb Ibe Praprty a sorwe
<br />prat thereof k faeated and sbsY tsiril cNka d twat wake ire she wearer txescribed by rAlfeabk Isw to Beerewr red h she
<br />arbor peter ptarerbrd by rpHtayr few. Alto /b! row d web !lave w navy be re+lrird by rplirwbk In-, Trtrlee sbrB
<br />Beer pblle tuelis^r d ode r the /dsawr aril it Het weaver gaesrribN br gplirrMr 4w. Trrrre, wMfrrt dewrwd ow
<br />Burrwwar, sbrR seR Ibr /repsty r phlic rumba w the higher bidder r the (leave awd lies'( awd rrder she screws desfgwreif
<br />b Me rwtire d sett b or or ere prrefr atsd b web order w Trraree wavy deteruriwe. Trwtee soy pallawe stile d rR
<br />w rrEY pstd d tIS ~rgrty b prblir wouwcrwcet r for (ire steed ~ti d wry Mts'~Y srftedrfed stk. Lewder ar
<br />terderh dnigwse stray ptebre the Prepay r rnY wle.
<br />Ulrw r'tLdM d pywrt d We grit: bid. f}tsrw~ sbeg aeli•er to the prAarr TesMee's deed rrwreyieg We flwprty
<br />,.li. The rrrip4 b tfw '1'rtrrrr's tied rfrY be p+w+r (tree evidewce d for aru d tlw rrrwnts wade Ibrriw. reurre
<br />+irg 4NY IYw tyruetrds d the srk w re fagewiwg carder: ni tt. d rcarwr6lr carts red expense d Its wk, isebsdiag, br
<br />er Ilwiled Y. Trtras's leas d cant sere tw yr d Iqe d the grew tale prior. rearrwrbk rtwwty's tees rwd cars d tllf! eridasre:
<br />tb) N rg swtwt awsrd tit Ibis (ltd d asst; rwd ire tberaresr, if rrY. to the perww w ptrsrws IegrHY ewtYled Ibeteto.
<br />11. BwrMrrr RyM b Reiwtwly. Notw7thstanding Lender'c accelrrauam of the s;mn securanrf hp this Ih4d of Trust.
<br />L Baxrxwaer shall have the rrghl fo have any prnceedmgs begun k+y I ender u+ cnfurce (lire Deed of T"ant drscantrnned at
<br />ray nine prtar to the earhu to oaxtir of Ito the flftfi dry Ixtore the sale of the Prnpenv pursuam to fix paver of sale corstained
<br />m this rfieed of True or ftU entn~ cat r taxlgment cntarcing this [lied tit 1'nst ate ta) Borrower pays (.coder all sums wfitcA wallet
<br />t+e thew dot under (lies f d of ~rtersf, ttm Nirfe and notice srcurrng Furutt Advances. ;f any, had nn actekraunn arcurred:
<br />the Hrwrowrr curru at! hrtaehes tit any other awenants ur agreemems of Rnt7ouer conuairied in the Ckcd c>3 Trust:
<br />:c} Harrower trys a!i rraxa.~ahk espeoses tncurml by l ender srM Trtutet m entorcinp the i.~ ~rnams and agreemenn ~+f
<br />Bornn.u enatarriral an dais Decd of truer and m eniarcrng I-endaix oral Trunte ~s rcmedrea ax pravnled m paragraph !h
<br />stereo(, irwiudesl, Met nett !loaned ta. reawasirar attorney"s fees, and Idt Fk,rrower takes sash scone as (,ender mav rcasc,nuhic
<br />rrVaurc ra+ arsure that rite kern tit tfiu [nerd tit fruit, f vrsder c ,rueresr ~n she Prapcm• ami Hcmnwcrs nhlaran+m t., i+.+•
<br />4.
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