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84 - 002125 <br />9. CatdetWiott. The proceeds of any award or clatm for damages. direct or consequential, to connection with any <br />condemnation or other taping of the Property, or pan thereof, or for conveyance in lieu of condemnation, are hereby assigned <br />and shag be paid to Lender. <br />In the event of a total taking of the Property, the proceeds shall he applied to the sums secured by this Deed of Trust. <br />with the exew, if any, paid to Borrower. In the event of a partial raking of the Property, unless Borrower and Lender <br />othenviae agree in writing, there shall be applied to the sums secured by this Deed of Trust such proportion of the proceeds <br />as is egwl to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of <br />taking ban to the fair market value of the Property immediately prior :~ the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make <br />an award or sank a claim for damages, Borrower fails to respond :o Lender within 30 days after the date such notice is <br />mulled, Linder k amhoriad to collect and apply the proceeds, at Lender's opton, either to restoration or repair of the <br />Properly of to the atmu secured by this Deed of Trust. <br />Upksa Lender and lorrower otherwise egret in writing, any such application of proceeds to principal shall not extend <br />or the due date of the monthly installments referred to in paragraphs I and Z hereof or change the amount of <br />such inatatlmmta. <br />1B. larerwer IVd Released. Extension of the time for payment or modification of amortiration of the sums secured <br />by this Deed of Trost granted by Lender to any staxessor in interest of Borrower shall not operate to release, in any manner. <br />the liability of the original Borrower and Borrower's successors in inrcrest. Lender shall not be required to commence <br />pracadings agaimt sttc6 successor or refuse to extend bme for payment or otherwise modify amottization of the sums <br />secured by thin Deed of Treat by reason of any demand made by the original Borrower and Borrower's successors in interest. <br />ll. Ptarieaeapee b!' leader Nd • Walter. Any forbearance by Lender in exercising any right or remedy hereunder, or <br />olhenvise afforded by applitnbk law, sMll not be a waiver of or preclude the exercise of any such right or remedy. <br />The procurement of insurance or the payment of taxes or other Liens or charges by 1_ender shall not be a waiver of Lender's <br />right to accelerate the maturity of the indebtedness secured by this Deed of Trust. <br />12 Rresadks Cstiatlre. All remedies provided in this Lked of Tntat arc distinct and cumulative to any other right <br />or remedy under thu Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or <br />sutxtpivetyy <br />I3. Aarceaas and Attsigas Boaad: laiM atsd Seretsi LlabtHty; Capfos. The covenants and agreements herein <br />contained shall bend, and the rights hereunder shall inure tn, the respective successors and assigns of Lender and Borrower. <br />subjxt to the provfsiom of psragraph 17 hereof All covenants and agrcements of Borrower shall be joint and several. <br />The captiom std headings of the paragraphs of this Deed of Trust are for convenience only and arc not to be used to <br />imarptet or define the prorisiom hereof. <br />11. Netlre. Except for any notice required tinder applcabte law to be given to another manner, lal any notice to <br />Borrower provided for in this Deed at Trust shalt 6a gtven by mailing such notice by certified mail addressed to Borrower at <br />the Property Address or at such other address as Borrower may desigeate by notice to Letdar as provided herein, and <br />t t±) any rtditx m Lender shall be given by arttfied marl, return receipt requested, to Leader's address stated herein or to <br />such ether address as Leader may designate by nonce to Borrower as pr-wided hereto. Any notice provided for in this <br />Deed of Tract shalt M deertted to have been given to Borrower or Leader when given in the manner daigeatad herein. <br />IS. UdfLr~ Desd d Trs,h G,rer,Ytg I.aw; 5tretaYlWy. This form of dead of trust combitrcs uniform covenants for <br />nauoMl use and non-tmiform covenants wnA 6mntd variaoons by jurisdiction to cot[stitute a uniform security instrument <br />covering raj property. This Deed of Trust shall bl governed by the law of the jurisdiction in which the Property is located. <br />In the event that any proviston or clause of this [Xtd of Trust or the Note conflicts with applicable law, such conflict shall <br />trot affect other prnvisiom of this Deed of Trust or the Note which can be given effort without the confliging provision, <br />and to this end the provatom of the Deed of Trust and the Piotc era declared to he xveralsk. <br />la. Batraower's e.Py. Borrower shall be furnished a conformed copy of the Note and of this Decd of Trust at the rims <br />of execuaoa ar after racadation hereof. <br />17. Ts~tlw d the ~y` AssttngWn. if a!I ar any part of the Property or an interest ttteroin n sold w tranderred. <br />hp Botrorar without tspdws Perot wntten consent, excluditi~ tai the crcatron a[ a fiat or etteamhranoe tta6nrdmate-M <br />thin Deed of Tutu, (b) the creation of a base moray secunty interest for tiaarehold apppp1tanus, (cl a trapsfer by derire> <br />descent nr by optuatioo of law upon the death of a juror ttnam or Id) the gram of any leaiabotd iptetest of tbra gears ar less <br />not cwrainingan option to purchase, Lender may, at Ltntkrs option, declare all the soma seetrrcd by this Deed trf Trost W-bc <br />rmttttxfiaKlY due std pyalsk. Larder shalt have waived such option to aeakrota if, print to fps sale sir tntlsfdr- tdtM~lt <br />and the parson to whpro the property d w be sold or xrattaferrcd reach agteetrrnt in wnuug Neat the txadu of aue~t~pRtaotr <br />u satbtactory to L.ertder aed that the inrcrest payable nn the sums sacttred try this Deed of Ttmt shall be at wc6 ttRp<igt <br />l..onder shah rtqusu. If Isadst bas waived the option to aceekraee proridsd in this prnpaph !)-, std if 1ltirrower5rntodittil-r- <br />In intaten has esaaned a written asaumptioo agreement accepted in wnnng by L.ender, Lander ahslL etYns Roftn~Mi6e';fa4nt_: <br />aB ~ttpder this Dad of Terror and the Note; _ <br />tf exercaes atrtNt option w accelerate, l_emier xlutt matt Borrower rtotioe of atxxlerdiop in atxatdaaae aritlr <br />pategnph 14 hereof, huCh Duties shall provde a Detiod of not leis dpn 3q dsys [tan tltt dNe~tY€~is ~i.#ritY~tib <br />which Borrower may psy the ante declaraf dttc. If Borrower fai4 to pay sttdt stops prior fo tlts expiration of wte4 period. <br />Lender may. without Lrther naitx nr demand on 8orro+rer. invoke am remedies pamtltaL fey paryfaph 16 3anok <br />Naar-L3rsteoltw CovaaaNrs. Borrows and tinder Cttrtlter covaaant and apes as-lolknrs: <br />!g. Acaelesaliaps Rawsdles. Ettargt a. gawridsd f• /rapagY Y/-iarN4 rtglts~Rurpacash inpth d,4 esnrpap/ r <br />apeensa/ d Basrawar is IMi IDted d Tsrrf, ipeipiiap the carrttaale N ~ taYaa dps tiq ettlt[s sserrd h Mle IIar <br />d Taw4 leader Msr Ie aearieraYaw ttia8 ttttttd srtlee is Baraswar r ltrss'MfM ice- ltd hswaf IN IMe <br />hteaalt [TI the sutra -gaifa'd h cure suet aasprY: 131 a dtpa, M-latts,IMM 3l~~ilays:delsflle stiller M-wpiti~tr~ <br />Basrawer, by wYlei spry OaaarY tpnf k casdi rued f1i Ihl fpllptr N trre~.epei' IpYlM,erestr ~liasr 11pi4 gserd <br />is Ipe aeflee aatry atrall f• accdssaliap d Mee sttas seeaed•Ity thle Ijssel-a1 Trw1-aMraYa,E~tYaPrsrlasty. 71r Mlltr <br />titai fttrfYrr iabrn Bttsraaraa d tla stgit to reipsfaae spec areelesaUap sail Hte tdg~ll R hsipe, r apusl: nicer rs attwst <br />the paessiracs N • ddaaM w spy dyer delease d lassasror M attafaealiap ltd atriR li tlr Msptle Is sta. e+tsd <br />ow w trtlass IYe its spaiisi r Ns tsaf4e Iwadee M I:eadM4 a+ttlaa-.~J' daeitrr tt8 of Ns,antu-:rrt~tydwYy [Nr Dttd <br />at Tnu h 4 itprasdlsaely due and gayaale wUYad frtlYer dsnsrd trd ary ietraia Ntr Pwrsr,f aalaapi spy aMsr saastBr <br />t> ~ ~~ alMr taw, leader eltall 4 e.ettld is aaBeet ti aeaaprYe astrr.ai-,gwsit i.rai. lp finniap ttw <br />gatagsaM Ig, laaiadittg, tar as BtpNad tat, nswtWlr ttYaapel!a~ pas <br />Y Me pwar d sale le ipreiad. Teasfae aW rea.ad , ..Hce d tle/attM tf eaeY ie srbeti f4=lFa~aty K ssr <br />!ace Ibsraf le Issaled W a1a8 tpa8 apia a1 rases stsaia i fYr prwar P.hl larr titsliarwww ace! M it <br />~ t>wa~ PaarasfYsd ~Y wBeMls law. Alta tYe lyr d ssteY Has s trssy k Bi; #~aIIR ttta-. TraaMa tdtei <br />ggtirre !fir Paris: d-air M I-a /maps sail is IMe tateaass ltsaarBwi ~Y liw 7.YpMasr sih~aar dsuplsti r <br />Bsreataars sett N ills /atglealy a gaiYe aaeHaa M Hte Ltig~rsc hitltMMr d tit tf~e std gilea-seed ttpia-'Ns Mrsa daspaalai <br />is u..riftr of sale G aaa « Haar ~rcek ttwd i..aca .eder as Tarlee +upr iatrpips Tspalfe°wrg!-italpps aaM st1 a8 <br />a< ~ l~+f ~ ~ ~y b ttriYr appaatpeeraspt at tAr Hilts apd guar rf saY preini~iP aeMNtiltl rY. Lwu/sr r <br />t.eitt~s'~a lasMar atsy fsrserass fYr PaglaatY Y attrr-axle. <br />attil.,L1'YS nr~tp~Y tilt ~'lYttsu~r s tMa#~tWa~Yr'fraMas! shalt dsHar t. tltr /psaittrr #tuaus"siwi,.ontPr71 Wr Par~lT <br />dr11 aglgy fir-psuosstb .f tlr sale iA tlr ~~ fide erideaes d.t4 ttratlt M sir eaMr~rpas rrtit tIrNM. 7ltnpw <br />faflrwfi~ atrir. ta! a r8 tteppnaYle aatrsaad eag~tma:d the tale, ,~,tt~, trit <br />oral MplYd-as. Tflttsasas 4aa d art oar-Hew Yi .t /44 et tYe terraaair Mss tteasaasMs rtal~pey`apRaad eers d wlert~Yrlsrp. <br />i-f MiBtrsssarsard~at ytis Usrdaf lkaar; apdfef lMraaasi if say, MtYsglrsrw w}sEttspal~a~ altlYlsd l4tnls. <br />I!. Mwwwlr Ri~1 M (Ariprala. Nasnttatsndityl ixtdets aErakration of the sums stxured by this Dead of True. <br />BarretaRt nMlt bare fir -~= pi Mw any praeeedirgls begw by I..etdar to erdtince this .i)aetl of Ttaat dieestiMfttuai , rt <br />say tithe prior IA the esfirr to ata:ur o(!+) the fifth ay before tfte sale d the Propepy ptttttwn to-the power of ati cnataiaed <br />irsNtia-Dtled of Truu:orfitf awry d a j enforcing this Dad of Truce if: (a) Barowerpeys f.attdaraH tattm tvtdch wautd <br />be Nrrt tfw haler ihs Dad of True, t Note-and tiutrs sceunttg Fiupre Advattou, if atty. Lt-d no aoeeterJUion Wzautradt- <br />fhT Barawa roves alt brmaches of sty vtha eovenams or agroariants of Borrows- conhfnmd in this E)Rd of Treat: <br />(c! llntrarraa tt+tya alt tsswarubk expasaes ittcitnetl by Larttkr and TruNee in enforcxig the ciwenrau and apedrtaMS d <br />Borretsar caatairait- iw this Dad of Trna amt in enfarciog Letdat`s std Truatx's rempfks as provided fn parsdrttph- flt <br />betiraf, inntaidby, list nett iit+ured m, rcaaptabia attorney"s [ttesi aril (d4 Bsersswer taken such antaa as Lends may reasrottably <br />rrylinte tv asavue tlW die liavt a( this Dead of Trust, l.neder`s intnes3 m the Propatty and Bnrroxrer"a obligation to pay <br />v {, <br />