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/~e-rccR.ondeq~ <br />_ 84 _ 002114 ~4 ^,~I~.Ot~21 <br />9. Coadeweatiea. The proceeds of any award or clam for damages, direct or cotuequent+al, m eannection with any <br />condemnation or other taking of the Property, or pan thereof, or for conveyance m {ieu of rnndemnation, arc hereby assigned <br />and shall be paid to Lender. <br />In the event of a total taking of the Property, the proceeds shall {re applied to the sums secured by this Deed of Trust, <br />with the excess, of any, pa+d to Borrower In thz event of .+ partial taking of the Property, unless Borrower and Lender <br />otherwiu agree in writing, there shall be applied to the sums secured by this [kad of Trust such proportion of the proceeds <br />as is e~tr~~ to that proportion whuh the amount of the sums secured by this Deed of Trust immediately prior to the date of <br />taking Dean to the fair market value of the Properly ~mmediatelV print r, the dart of taking, with the balance of the proceeds <br />paid to Borrower. <br />If the Properly is abandoned by Borrower, or if, after natice by t ender to Borrower that the condemnor offers to make <br />an award or settle a claim (or damages. Borrower fails u? respond to Lender wnhin 30 days after the date such natice is <br />mailed, Lender is authorized to collect and apply the proceeds. at Lender's option. other to restoration or repair of the <br />Property or to the sums secured by this [ked of Trust. <br />Unless Lender and Borrower otherwrsr agree ur wrung, um such application of proceeds to principal shall oat extend <br />or postpone the due date of the nrtsnthh mstallmems referred to ~n paragraphs 1 and Z hereof ar change the amount of <br />such ittstallrnmts. <br />16. Ratrower tid Released. Extension +,t the nine for payment ar mod+6canon of amomuhon of the sums secured <br />by this Dad of 'crust granted by Linder w any +uccessor ~n roterest of Bc+rmwer :hall not operam to release, m any manner, <br />the liability of the anginal Barrzrwer and Borrower's successors in interest Lender shall not be reyuired to commence <br />proceedings against such successar or refuse to extend nine ?ur pavmem ar otherwise modify arrrortiZaaion of the sums <br />vecured by this Deed o[ Trust by reau>n of an, demand made h, the anginal Borrower and Borrower's successors m interest. <br />11. Farteerrare by Leader NN a Waiver. Any lorbearance by Lender m exercising any right or remedy hereunder, ar <br />+xfurwise afforded by appl+cable tow, shall not he a waiver nE or preclude the exeretse o[ any such right or remedy. <br />The prceurcment of insurance ar the payment of taxes ur other liens or .barges by Lender shall not fx a waiver of Lender's <br />right to accelerate the maturity eF the mdehudnces srcuriM he this teed o} Trust <br />12. Rewediea Crra+rlNfre. .411 remedies provided m thn Lhed of Trust are dstinct and cumulative to any other right <br />to remedy order thrx Deer! of Trust nr aforded by law r+r egwty. and mac be exercised concurrently, independently or <br />sitecess+vely. <br />IJ. Sacatarrs aed Ardgas 6erwd; Jofnt aed Several I.iahlNy; CigtWra. The covenants and agreements herein <br />cunntned shall b+nd, and the rights hereunder :hall inure to :he respective successors and asstgm of (.ender and Borrowes. <br />subwct to the provu+onx of paragraph t? hcreat ,All ~c>vcnams and agreements of Borrower shall be jtaint and several. <br />the captain and headings of the paragraphs .rt this Ueed at Tntst are for canvemettce only and arc oat to be used to <br />interpret or define the provrstom hereof <br />la. 'tioNre. Euept far any rtoucc reywred under appl~catNe taw tie err given to another manner. (al any notice to <br />borrower provided tar +n thts Died at Trust shall t+c given by mai{ing such notice by cemfied mall addressed to BOtrower at <br />the Praperty Address or at such other address as Bartawer may designate by notice to Leader as provided herein, std <br />tbl any rtatice to lacier shall he given M• crrtetied mart. return temp requested, to Lender's address stated hettin or to <br />,us;h sitter address as L.eoder near designate by not+cc an fbrower as prav+tted here+n. Any natice provided for in this <br />Deed of Trust shat! be damaf to have been g,crn rcr borrower ar fender when given +n the manner designated herein. <br />l3. lleNarte Deed of Trrw; (:arer[Jag I.ax; SevetaiiWy. TTris faun at deed of trust combines uniform covenants for <br />nattarnal use and namumform cavmants verb l~mucd vanatians by ;unsd+ction to constitute a uniform security irutrument <br />covenag teat prepenv Tlt+x lXed a! Test shall he governed by the law n( the {unsdiction to which the Property is located. <br />In the even that env provision or :.lause at rhea Deed .>t [ roar or the 'tiara canfl+cts with applicable law, such mnfliet shall <br />rise Meet utf+er prov+srons ai tots Decd ++f Tnist ar the Nate which can he given effect without the tronflicting provnien. <br />and w this end the provinans et the Dad at Trust and the tiotc ate declared to he severab~. <br />It. turnastted a camtarmed ea a! rhr Nsxe and a[ this Deed of Trtr51 at the time <br />Py <br />at exxxufaM`W~i-fltar- <br />17, Tra6tsr of ~ffM~ ~If~rw t! art ar env pan of the Pnypeny ar an interest therein is sold or tratwferred <br />hY Bonatrw tYitlfea' I~If"ts1t~ s-+rnsent exr{udmg i a t the ucanan of a lien nr encumbrance subardinale to <br />rho [)eec~'cs7'T'iuiT"'ftrl T!R tTCatlrRV.+ya^ptltchasc crones srruniy interest for hausehold applsanccs, ici a tntwfer try devise, <br />deacena or by aperauon of law upon the death of a ,pint tenant or r d l the gram of any ItasdtoW intereR of thrYr yNrs ar lea{ <br />not eantaramg an agion to purchase. [,enact may, a: [ endci s ogwn, derlarc aIi the stints soettted by this Deed of Trtrt ip~be <br />rmtrtedtately due std payable- t_rpder shall hart waived such aq+on to aceeleraec if, prior is rite sale err tntw(er, Larder <br />asd the peiwn [o whom the Property cs so ix wid or traosterrcd resets agreemem in writ3n` that the credit of steep ptrlyan <br />is xa[tatartory to f.erxier nine char the rntercxt payable an the sums secured by this Deed of Trust shall be at snch rats as <br />Leerier sha8 request If t.citdes has warred the ogian to nc~ce[eraie pravrded to this paragraph 17, and if Hdrraww's stttxgsor <br />.n mtamt hu executed a wrtttm auumgian agrcrnxm accepted sn wnatitg tsy Lender, L.emkr tdwl[ release Botrosrer from <br />a8 aMigNtcros uirier this Deed of Trent std the Nate. <br />If Leader exrxrsn stash agion to acttirrate. I eerier vhalt mat{ Barrawer natice of aecehration m atxordr[tce with <br />pats{raph ti tsereai tiuch iwure shah prow+dc a period €rf not toss than iU days iron the date the reprice is ieerikd srifiin <br />which Borrower maY FvsY the sums deciatett due. tt Borrower tarts ra pay such some prior to the expiotian of such period. <br />tcerkr may. washout further rtot+ce ar demand an Bcxmwer. invoke any renttylsea permitted by pawgnph Ig Latest. <br />Nash-L!Nt1~iMM t~(WtNANr] tiurrawer anal Lr:rtler further covenant and agree ws foflowa: <br />1t. AttekrNiae; Reweiies. Eu~ept w pntrided iw pragraM 17 hatter, rear lrrawet4 itaat:i d rtq crwlefM-at <br />:rttsaaeat d lorrewer h ttti Deed of Tr~.:t, itlclydirg tie roreaaab to pry wine des try sews stetted iy 1W 11ed <br />d Test. Eerier pri+v to arsaferNioe dull mail entice to iarrowa w proridsd '~ praRaylY N itasrrt aMdtrirRt p1 iii <br />herrc'i: f2! Hie ttcfiar repited to ewe srcY reeaci: Wi a dale. sae Iws tier 36 yf /erw Me iris lie rrYea itrered-is <br />Rrrrrwet, i'y vice! sett Meari twrw 4 erred; aed Ni tlsY retiree to errs stet bterci a at ielafa IM~ t1rlt~ rptfa/ <br />lw fie aaYre stay rests is arrciertriea of th[ craw served by eMi I1ktd of i rsf ad sale of Ha ttnprrly. 71e tn1Yr <br />steel fwtler iefatw Nrrewer arf tAt right fo relrawly firer atrekratise ate/ ttis rigY to iMrR • raNl rs1ir11 N rltwl <br />tie err-caiaterce of a ddarY ar awy nt4t Astewe of Rortewer to arrekrNfrw and uds, If tAr iArti is serf crsrd <br />ar or ttetaae tYe dale spelled is tlw teatact. t.etrder N Leader's apliat eery deryre aY of lie saw settled h' liif hard <br />of Test to to iwaacdhssf 4te awd prate wpraw fttn-er dewrwd and way caroler rite MwK at safe and sy altar eteterdiw <br />pwaaiged h appicai4 {a... I.tader eWl he eelitkd to cttlkrt aY teasswatle rolls and eaperws ireenrd Y prstifil Ne <br />remsdies povida! M tYi prralrap- le, iaAdiaR, Itw teat (wild to, reassaeile atlrerey+s (erw <br />If lie pear d was 6 ~ro4d. Teepee wirM record a aWice at itetrri se earl rrarly rte wild lit Praprrly at lave <br />part M[teat is McNed and shall ww7 coriss of vrr- replica it IAr wwrer pescriisd Ay aAlerys fear to Rrrarwar and M Hr <br />outer parsers praarrikd h applioaMe law. Aber the Vpe o/ srrA rive w may 6e rvltderd bJ applrrMe Irv. Trswa sirN <br />give piWt wNft: d sale to tie penws and in the taaaeer presrrised by appiieaMt law. Trrssee, wettest dcwrsid oe <br />itaerrwa, wirl ad Hie Prapsrfy M prMie swipe to the tt[gYtsi bidder N tree fine led place seed rider IYt tenor dwilralsd <br />it t1e ttali[t at sale i• acs or ware parre4 and in sorb order w termer nay dettrtrire, 'Trtspee ewy ptpars sale d i <br />w Np p-arl at Me -tappy by prMir ueareeeetrw N t4 titer seed Platt d aey trreriirsfy ari[daid aria. Lariat a <br />l.eair'a dwirrr tray pweiwe tie Pwtlerq M ewy resit. <br />DM rralipf d pryatrwf d tAe prate lui, Teresa s'raY delser to the pweArwr Teepee`s deed Carreyirl Ifs <br />sa1L T4 rt+rifale h tie Trtease's decd stet he Kites (aria erideare of tAe lrr1Y of Nee staleaaeaw wide litrefr. T~islsey <br />stets apply t4 proceeds d Yes stilt in tYe felMwieg crier: tai la al reatrestle cosh seed eapeases of tie aide. tselydltll, 0w <br />rail lwlttd ea, Tremfte's fees d raw ,awe Nis _ 2~.. `~*~ of the grow sale price. reasarrYfe Ntattaey`s teas all roaM d <br />evUfrsat fb re al sews aerr.ed by rftY Dasd .tt Trtwt; awd Ic) the seeds, it ary. to iYe persw ar presses lelrpy crNNad <br />1~. lrrsrwrr's RIeM b Rtalaetale. Natw+tttstand+ng Leader + ac~ccleraiinn of the +€ms secured by tfitx Dad at Trust, <br />Barrawar shat{ have the right w have any ptttrerdiirgs tugun by (ender t:+ rnf orre this Deed of Tnrst dtsruntmtrcd at <br />aey nine prase to the carfxt to trs:cur art Ut the fifeh day fseforr the sate of the Property panunnt to the {x?wcr of sate c.miwrttrd <br />cat this Deed ai Trust ar (ty miry c+f w {ualgrnrru rntwciug eh+s tired of Trrst if tat Barrax~r pays 1 rndtr a{I Bums which watrid <br />he thin rfut uaxkr tMa feed at Tnsr. the Note and rxHrs sec trrrng Fut tier Advances. a any. had na as';eelrrauan occurred: <br />[ht tar ra>wet cures alt drrxiax's at any other ,.ovenwntx c>i agrtemenfa ai tkxrowrr ecmisrnN :n chi, [?red .>t 7rtrst <br />ttl borravrrt Mtri alt reass.nafriv rvpet>:es eau tit red try Ienxkr and Trtestrc in rntorcmg the a,rve+rants aced .r Krrrcntents ..f <br />Baenwewr cuntatned en thts Lard art lrysvt and in ondorciag [seders and Truster, remrd+rn a+ Dr.*vrckd m parx{teaph IK <br />hetswsf.. trKEtditr+~._ tXil !r(n tempt "(a~ kr fC8Y4Atlikt3lY QttL~f i1CT + it2~'_ Jrri.E 1+=i Ttc.Hfi,w@F k81CS 4AKh as F3+}Cr 3a [ ~fldrF fn;j €28~t~+~dht\ <br />-vgs,src Wes axwurr rt+aS tfFp. {rest et th+w 1°ternl .,i { r€rxi. i.rrrc]rr-s ;orlere,t ~n she Pti>pen, .,rid Norrawei s +.bhratte+r+ !~, i.Ar <br />