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<br />~ ~ 002116. <br />9. Cerderweatbr. "f hr prncetds of an} .,ward or cta:m Inr Aamages. direct ur ~cunuquennal, m conneebon wuh any <br />amdemnation or other taking of the Prapeny, or pan thereof, or fur convey once in tiro n( rnndemnation, are hcrtby assigned <br />amt shall he paid to Lender <br />In the event of a total taking of the Property, the proceeds shall be apphcxl m rhr +urns secured by this Decd of Trust. <br />wnf+ the excess. :t any. nerd to Borrower In the event of a partial taking tit :he Property, unless Borrower and Lender <br />ntherwrse agree ur writing, them xhal! ht applied to the sums scarred by this Dced of i'nrst such proportion of the proceeds <br />a> i> 2yua1 t0 that propanlOn Whlch the amount nt the sums secured by tMs Uceri of Trust :mmcdia:ely prior to the date o1 <br />taking hears to the fair market value of slit Property immediately prior to the elate of taking, with the balance of the proceeds <br />paid Io Borrower <br />If the Propcnv is abandaneA by lfarn,wer, or iL after naucc by I ender to flnrrower that the amdemnor offers to make <br />an avian! err Basle a claim for damages. Dormwer fads tri respond to Lender wuhm lit days after the. date such notion is <br />maikd. Lender is awhnnred to collect and apply the proceeds at 1 ender's option, caher to restoration or repair of the <br />Prnpenv or :o the Burns secured by stirs flied of Trust. <br />flnlns 1 ender and fiormwer othe;wne agree a, writing, an: ,uch applrcaunn of proceeds to principal shall oat extend <br />nr postpone the due date a1 the rnonthh ~nctallments referreat ie m paragraphs 1 and 2 hereof err change the amount of <br />wch imtaflments. <br />10. Barnrwer 1a Released. Eztcnstun of the time cur payment nr mod:ficaunn of amornzauon of the sums seoued <br />:+y iMs Deed c,f Trust granted by I ender :n am succcswr m mcerest of Rnrrower shall riot operate to release, m any manner, <br />:he 6abdu5' of ,ht migmal Borrower and Borrower`s sucecsson :n mterest. I ender shall not t,e required to commence <br />pnx-cedmgs agamn •.uch succesu,r nr rcfa>c to eziend Ume for payment or utherwrse modify amortization of the sums <br />secureA by slits Decd +:I T rust by reason of any demand made by the nngrnal Harrower soul Rorrower's succcswrs in interns <br />I1. !''erhearrnce by Lender Na u K'aiver. ~m~ Iarbearanre by f ender m exercising anv right or remedy hereunder, or <br />ra hrrwrse aticrdW !n' apps:caMc law ,hail riot he :r waiver of ur preclude the ezemsc of anv such right or remedy. <br />flee procurement sit :~murance nr the pavmem of razes nr other Lens ur charges by Lender shall oat he a waiver of Ixnders <br />right .o accelerate the rnauuuy +d the :ndeFnrdness ,ttured by tMs Ireetl of Trust <br />12. Reaasdin t'rmratalive, d!i rcmcdres prnvtdcaf +n stirs Ikea of Tntst are Jtstmc[ and cumulative to any other right <br />.u remedv nmkr the reed ++! trust ur atTorded by !aw ur eywty, rind n,:n~ i,e ezercrsed concurrently, independently or <br />.areCerrrve#y. <br />tJ. Srrceaws avid Asar;rt Swrrd: Joht are/ Several LtaYiWy; ('a(,tiorts. -Ihc covenants and agreements herein <br />rantar.:ed sha7! bind, .and the nghts hernmder shall :nom ter. :he raspectrve nreceswrs and aurgrts of Lender and Borrower, <br />subtesti u, the provarons of paragraph .? hrrcot All ~ovenanu and agreements of Borrower shall he joint and several. <br />Ibe capnarts and headings of the paragraphs of stirs Ikea of Trust are for convenience only and arc not to be used to <br />interpret or define the pruvesrons hermi. <br />U. Nedce. ti wept fur any nose[ rega:red under ^ppphcabic !aw to be gro~en +n another manner, (a) any notice to <br />tiurrowcr prorated for m this Decd of Trust shall he given by madrn; such nnuce by certified mail artdresxd Io Borrower at <br />the Property Address or at such other address as Borrower may dnrgnate by notice to !.ender as provided herein, and <br />h l any nonce to Lcntkr shall t,e grven by ceruftrat road. return receipt rcyrrested, to Lrndtr: address slated herein or to <br />.uch a6zr addrns as Lertder may dear;nett by nnuce to Borrower as provided heron. Any notice provided for in this <br />Iknl of 'Crust shall tx deemed !o have tstxn grven m Borrower err Lerwtr when grven in the manner dtxi;Hated herein. <br />IS. Uailerm Ikea al "fr>wl: GenrwiaR Law; SeretaYYRy. Ihrs form of decd of Dust combines uniform covenams for <br />natmnal use and nun-undarm covenants wnh limned vanauons by prnsdreuorr to comtrtute a uniform security inatrutnent <br />venng Heal property 77s,s steed of Trust shall tc gaverrted by the law of the iunsdreuan m which slit Properly is located. <br />In the treat that any pn,vrstun or clatue of the Ihcd ui Tnut or tftt Nutr usntlirts with applicable law. sucfi cunllid shall <br />nor afec: otMr pravraums .d rhrs lked n( Trust nr the Note which ran be grven ctlect wuhtrut the am0idin; provision. <br />and to this end the ptovrnans of :he Decd tit Trtu[ aruf the sole arc declared u, t,e severable <br />lo. D.r>ower'a foq. Burrower shall tat lurrnstred a cauataxmed copy ul the Nat and of this Decd of Trust al the time <br />of ezxutron err after rccurdarton hermf <br />Il. Yeutter •1 lie rr.0erry; ArwrrpMaa. IS all err any part of the Prsopcny ur an imcrcs: therein rs sold ur transfstred <br />icy 8omwrer wuhout Leader's prior written corasern. e>ciudm; ! a 1 the crcauon of a hen or ent:umbnnee subotTlillitt to <br />then ikeaf of Trust, i h} the crcatrr,n of a purchase money ururity intarcat for houuhuld appliances, Ic) a tranafu by detriae, <br />daunt err by uperaunn of lees upon tN death of a µnnt tenant ur I d) the grant of any ItasehoW interest of tutee years w leas <br />ua coetatnen; an apnan to purchaac, fersder rnay. at I ender'. option, .declare all the sutra rccuted by this Deed of Trtpt to 6e <br />:mrnedratdy dire and ayablr. ! :inter shall have warred srxh opton to aceeknte if, prior to the Bak or tratufer, Lender <br />and rite person to wlwrn the Propdtr es to ere vita ur traosfetiest reacfi agreerrrertt m writing that the credit of such person <br />:s sauafuton~ to lender acrd that the mterest payah)c on the sums scoured fsy tMs (.)etxt of Tnrst shaft 6e at such rare as <br />[.ender shall request. if (.ender has warred stet optrars to accelerate provided m thu paragraph l?, amt i( Borrower's sueeealor <br />in rnlerest has eztcuttd a wnncn assunsptwn a;reemem acxxpted rn wrung by Lcndtr, !steles shall release Borrower from <br />all a>irlr;atwas ursder this Ikea( of Trust and the Nntt. <br />I( Ittsde= caerc:sts Both uptron to accelerate, t.errder shaft need Harr<wer nuke of au-elentiun in accotrlaOCC with <br />frara;rapit t3 stereo!. titn6 notate shall provide a pixrc.d of not i•ss than l!1 davs Irom the date the notice is maikd within <br />wfira:h Burruwrr n,ay fay the Bono dretaraf due tf Burro»tr fads to pay such suns prior to the expiration of atrch period. <br />1 ender rise}, wuhout cooties narsx or demand on Burrower, invoke any remedtn permitted by para;raph 16 hereto!. <br />Nor:. t; ntFOasr t'uvr,rwrars Borruwcr and tcrrrkr !archer covenant aisd egret a follows: <br />10, Aceekratior: Reiwedte-. EarelA a. prwfiei ire ParrV~ IT iereols o!M ~orrewar's Mid of wy rm+swsstl K <br />apteatcnr ul Mrarwer is rile 1' ,red of Trtaq, htlrtYrt[ IYe rererark fe ptsy seise dtle ary etrwa aetrrai y Iris ll)aati <br />ref Tryst, Ltadet prior b acsekraliar Biel! treat aMwe re Mrswer ~ perktkd M tprr~[0/r 11 trrtOf agl0sttyisBt i1) dr <br />brreaelr i23 tie acfior ruprird re ern std OeereY: (3) a stale. ear Ins !has JO iaya frorl Ma dart /re rallta k ataiiai N <br />(MrarwH. YJ w-icY Betel Ynaer rrrrrt lee creak and iq Met /aYrre tr octet str[Y YraaeY M er Mhse Mt daq gsSMOt) <br />iw tie erotica my rewr it ace-eterariar r! Ht wrt~ seerrtA by rYi [lsed d TraM tttd Mk rl Ne lstr*rly. 'f1a tsMiue <br />v-rY !tracer iaforr Bertower of tie r~Yl N rrtl~We dlu ataaktNiar red Ire rfg*1 N trt:iYB a tOlttl attYtri a rtmarl <br />tie true-esigerte of a tkfarM err wy alto tMfetrae d Mrsswa ro rtc'ekaaliaw and air, tf 1-t MOrclr k W etwtl~ <br />or or Men lee dare sgxciscd is tie ralke. t.eritM N I.erder'a spier eery lecture all rf IYe srttss aatttlai- ry- IMfs DMi <br />er!'f mast to k itwrreliakly art avid payable wtlMtr trrfYer lerrM sad rtq irrake Met gtrwer of ads rri ary drat roaaaiita <br />prrtrritki Yy appli[aUt law. t.erdtr stet he eMlt6d to tercet ttY reiottark crsk alai egenea iYl:rsstM V /ntrdllB stet <br />rerwtliea prrevild it ti` pwa;,rap- It, iweldirt;, Yet rat Bmilad ts, r,rrrrrark arwsayY fast <br />N Me perr« of sa4 o iereied. Trtitee sW record a oaMre el lefarR it tact eetiMy Y teller IYe lar~teq w tMa <br />pet tierc.f k feeble! err/ stall mail repies of std wMke i• tie aaarrer peeacrlYed rf' ap;treaYk Irw N rartswar steel to Ire <br />Brier pieraara prucrird by a00tlrik raw. After tie tepee aJ ttrd live as eery N ire7dtd Yy tt001iealla line Tndae rarer <br />;in grille aerkt in Bak to rte penes ad it tie wrarrer preatrired -y allNea04 lnr. 'rrtrlae. wtlraw tfartrtai M <br />rorrewer, Bier sd tie rrguey al poYit area.. b tie YiRYtar weer al tie time std plea err/ race ere tirttaa daaiMrtla/ <br />i• tie tterke ial sale it ore or more prrcek sad M srci crater as TrWee may AeMrrire. Trrs#e try paetpre stick rt ter <br />err aa.- !tercel et Mr re.pa.ty Yy P~ aarraracerrrt r tie rice and plate of arty pnrierdy scYdakd trfe. I.edlr x <br />i_twdtr'a destrrrae tray ryrrtlrrc fie Pt~ertr err rtsy sat <br />t'pr recel0t of payrrrt of ere price Yiis 'IYrretat ^YaY leYvsr b tie wrriarr Te,attae's steal tetweyiq Ire Jirpaely <br />sot. TYs retilals M tit Trrpee'> deei aiar Ice prier fatte evilertt of tie trtNr at tie sMrtrrttls saute treelir. TtttoMt <br />iar agl0ty Ht ~~wa~M.ds of Mr Bait lr tie toBawlntY oNs-: Ui p aY rsworaYk rants arts taprRaa rf lYa YIR irtMMaO, rM <br />tree IirMtl tw Teterfee's (tea of rat mare IW ~ . ~ "e d ere ;wr sale Pitt, tearraW ttrlaery'a tuna std eeW r <br />sire eriieace: Iq M err nraes secured Yy this Gaol of Trrr; std Irl tie eaters, it say, q tie ptsrter er Oerwr M{aBy erlfrai <br />Irattl0. <br />10. rornnese"e ftlllr b Iltirtlak, NutwithsWndm; Ixmki s accctcrattun o1 the ,um> secures by the flE>vd o! Tryst, <br />Borrower s1uH taut ifre right to have any pnwcndttr;s hegurr by I.enrkr to rnkarce stile DecJ of Tnot drsconhmrd at <br />any trees ptaar to rho tarRrer R, ucsur of t,l the fifth day before the Bak of the Pnpatrty pursawru to the power u( Bak comartred <br />io this C.ktdor Tnsst xn fu) entry7' of a )catgnxnf erduti:in; tMs Decd af'fnist :t (ai torrower pays Lrmkr all sums which would <br />err then due uetkr tlrr> Ikea of Trust. the NWe amt m>td sc-,:urirsg I'ururc Advances.:t any, ha<f no auelcratiun occurred: <br />flat fkprrnsrrtf tares all breaches of any allies covenams m agrrenoentz of Horcowrr suntanned :n (fns Detrt of Trust: <br />lc} rauruwer pays ail rra>otrattrt er{,taase*. ua.ur red by I.nrakr and Tri+stec +n encore+ng the covrnaas anJ a;tremrnts a! <br />rorre>wat cartlaure9l rn sties (?std c,f 1"r rot amt in entontn; i.ender's and 7rustet's rensadics as provided :n paragraph I>? <br />ttertof, intl,rsYrr;, ton neat Amucd to, rcasnraahk aftnrnry's tress, and id) Barrsrwcr takes ssKu scuon as Lender mat reasamably <br />reVarsta• ter, asaurc that the hen uI Ihn Deaaf ref l~rust, t.erakr's tntertst :n the Prospcny and Besrrowrr's ohlrgaliun to pay- <br />