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$e~ - 002131 <br />9 Coar#mtsalbn. - p; ~.ccds a - ..ard o- rr:. ' r. ages...,,., co^segvtnt;sl. co..^^^• wish any <br />condemnation or other taking of the Property, or part thereof, or~for conveyance m lieu of condemnation, are hereby assigned <br />and shall 6e paid to Lender. <br />In the event of a total taking of the Property, the pra:eeds shall tx applied to the sums secured by this Deed of Trust. <br />with the excess, if any, paid to Borrower. In the event of a porno{ taking of the Property, unless Borrower and Lender <br />otherwise agree in writing, there shall t!e applied to the sums seemed by this I)eea of Trust such proportion of the proceeds <br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of <br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />If the Property is abandoned by Borrower. ar if, afar notice by Lender to Borrower that the condemnor offers to make <br />an award or settle a claim for damages. Borrower tails to respond ro Ixnder within 30 days afttr the date such notitt is <br />trailed, Lender is authorized to collect and apply the proceeds. at tender's option, either to restoration or repair of the <br />Property or to tAe sums secured by this Deed of Tout. <br />Unless Lender and Barrawer otherwise agree m wrung, any such apphcauon of proceeds to principal shall not extend <br />or poatpont the due due of the monthly installments referred to m paragraphs I and 2 hereof or change the amount of <br />such irotallmeeru. <br />11. Mrrowee Not Reksd. Extenvon of the ume for payment or modification of amortization of the sums secured <br />by this Deed of Trust grained by Lender to any successor .n interest of Borrower shall not operate to release, in any manner, <br />the liability of the anginal Borrower and Borrower's successors m ~nterrst. Lender shalt not fx required to commence <br />proceedings against such succesxrr or rtfust to extend time fur payment ar otherwise modify amortization of the sums <br />secured by this Oced of Trust by reason of soy demand made 6p ;he original Borrower and Bortowcr's successors in interest. <br />11. Forkearanre by [.eaher Net a Wirer. .4ny forbearance by Lender m exercising any right ar remedy hereunder, or <br />at3rerwise afforded by applicable law, sAatl not he a waiver of or preclude the exercise of any such right or remedy. <br />The procurement of iruunntt or the payment of taxes or other liens or charges try tender shall not be a waiver of Lender's <br />right to arxtitrate the maturity of the mdebtedneu secured ray this Deed of Trust. <br />t2. Rttwiies Cwnrklire. ,411 remedies provrded m this Deed of Trrst are distinct and cumulative to any other right <br />or remedy under this [ked of Trust or afforded by !aw or equuy, and may be exercised concurrently, independently or <br />successivelyy <br />IJ. Saccsors aatl ArafRas Moan: )nine ud Sereri LialiMly: Gpiows. The covenants and agreements herein <br />contained shall Aind, and the rights hereunder shat! inure ra, the respective successors and assigns of Lender and Borrower, <br />subject to the provision of paragraph 17 hemaf All covenants sod agreements of Borrower shall be joint and several. <br />The captions and headings of the paragraphs of ihrx Deed of Trust are for convenientt only std arc not to 6e used to <br />interpret or define the provisioru hereof. <br />ll. Netlee. Except For any :raver regwred under aopiuaA{c law to he given in another manner, (a) any notice to <br />Borrower provrded far in this Deed of Trust sha0 bt given by marling such notice by certified mail addressed to Borrower at <br />the Property Address or at such outer address as Borrower may designate by notitt to Lender as provided herein, and <br />ih) any notice to Lender shall be given by centred mail, return receipt requested, to Lerder'x address itrtr:d herein or to <br />such other address as Lender may desrgnatt by nonce to Borrower as provided herein. Any nWitt provided for in this <br />Deed of Trust shall be deemed to have lien given to Borrower or Lender when given in the manner dpignated heroin. <br />IS. UaNae~ heel of Trw1: (:overaiag Isw; SererakYiy. The form ai deed of trust combines uniform cavenatus for <br />naUOaai rue and nun-uniform covenants witA limned vanauam by tvnsdiction to corutftute a uniform security instrument <br />covering real properly. This [.ked of Trust shall Fx governed by the taw of the iunsdretion rn which the Properly is logted. <br />In the event that any prevision ar clause of this 1)ccd of Trust or the Noce wnflrcts with applicable law, such confliM shall <br />not aflcet other pravnium of this [ked of Trust or the Nate which can he given effect without the conflicting proveion, <br />and to this end the provrvons of :hc [Xed of Trust and the Note art dcetared to he severable. <br />It. Mrrower's foxy. Borrower shall 6e turmshed a conformed copy at the Note and of this Detd of Trust at the tilde <br />of exaution or after recordanon hereot <br />[1. Teaalar d the PswRes/y; As~plsa. If all or any pan of the Property or an inttrep therein is srxld or ttamfarrad <br />by Btrrtower without Lender's pear written consent. excluding ia) the creation of a lien or etrcumbaantt stthoMiftate to <br />this Deed of Trial, fA) the creation of a purchase rnoney security interCtt for Aoruehold a iatrca, 4c) a tratMfM by devise, <br />decent or by operation of law upon the death of a }amt trnaut or 1 d) the grant of any to b interest of three peaces or lea <br />not eomainin` an opton to purchase, ltrider may, at I-tinder's opuan, declare all the sums secured by lhM I7tad 6t TrtM to he <br />imrrrdiatdy due and payable. Leader shelf have warvrd such aptton w accelerate if, prior to the oak or tratafer, Lsrrdw <br />n_nd the psrscui to wham else Property es to tr said or tranferred mach agreement in writid~ that the credit of Berth panlNr <br />u satu[actorv to Lender and that the inmrest payabtc an the sums secured by this Deed at TnaE shall 6e at Bitch rate as <br />Lender shall request. If lrrder Aas waved the option to acccleratc provrded in this paragraph I7, std i# BOrIAWHS sIN:Cetlnr <br />rn rnttxat Ass cxecutal a wnrfen aawmpvon agreement acttpted m wrung by Luder, Lender shall rckas Brrrrorrer item <br />all obAptrons under tAa Deed of Trust and the Note. <br />if Lender rxueises such option to accekeratt. Leader shall marl Borrower nary of acceleration in atxordantt with <br />para~faph I4 hereaf. Such natitt shall provide a period o! nett less than 30 dayx from 1116 date the nolitt is mailed within <br />whicA Borrower nay pay tEx suns: dte7arW due [f Borrower Earls to pay such Burns prior to the txpiniiun of such period, <br />Lender may, without further notice or demand on Borrower. ~nvokc any rrmedia permitted by paragraph 18 haeM. <br />Na»-ti »rFOnM t'uve»xxrs Borrower oral Lender further covenant and agree n follows: <br />It. AnrMeatMw; Rewreika Facet w poriiei b peapaN 17 kasal, a!M Msrswers keeasi at aq earaaaal K <br />attraosaut o/ Mrrwwer io tkir Ikea of Trw, iatbiirt/ the rovewws to py wkn itte sty sataa ttataelei Dy tYs fDad <br />rat Tease, Leaiee plot to acceMrMioa sWI aril sefice to Mrrower s pariid i• F~li Id ietsat spaYS4gi f1- fie <br />iesasi: (21 tts actisa repied to ewe wek Meaty: fJ) a die, w Mesa tkaa lfl lays teas tie late lie wise Y ntaili.N <br />Mreuwer, b rrkkk web Meiicb rrwart N ravel: aai 11) 1W taYre to ewe stele MsaA w v keftrn tie iek epttifM <br />iw lie wife way reeai is attcelerwiea d eke sss secures by Ilai Dees d Trot ass/ task of lie Plaptly. 7'ie ttike <br />vhar faelia softies Moower d the right to reirlwe alle- aceekrwMa aai eke dg4 b Miq • caaA tttaiaa N arM <br />tie asw~aleteaee of a iefaalt or say aMx deteaer oI Mrrorrer to acceleraliM all oak. If tie krsaeir k W coral <br />a ar ksfase eke stile spud H t4 notice. !.cosec w I.eaier`s opian way deekre a• of eke sass ttteatai iy Wes Ded <br />of TetM M N inswdkleiy doe ad pyaMe vrilkeot fortker iesaa/ sa/ array invoke ties prover of Bak aai say aNer resaiMa <br />pesatiNd ley apiicakk kw. Leaser skaY bt cavilled to ceBexY aY reaaeaaYk cotes ad eapawo istad r pinallrg eke <br />reairailas pno.ids+ io Itch prageaFA !g, Ctreldeog, fSal rte! Bwied to. reasnaik attsraey't lea. <br />K Ike pnrw oI Bak is iarokd, Teatee Blear recori a orrice of ddaaN H cock tewty is rrkkk lie Psagasty or :awe <br />pet Ikeeoaf M locoed sri sksY wit ceFies d wry osltce is eke waver perviid ley aNlicaYe her to Mnsrree ad N Iles <br />arks pectic ptroeriMi -y rMN~' law, otter eke I.pt of weir tiwe sr auy N retold ley ttplieakk law, Trseee tdraY <br />gtre FIIkBe aaYe! d sal! N Me peons sal in eke tnaawer prvsenbd ley aplicakk Inc. Trtttu, wiliaat deatad rtes <br />Menwn, skaM oafs Ike P-opaty N pkiit trrrctiaa b the bigireN biller w Ike tilde an/ glare sad aaier lie lets: ieaipald <br />i• tkt aatMe of sale N one or save prteM aai iw suck order s Trugre nay datertide. Tratee wy pigpde sale oft ar <br />ae ar) pwcet of tie -rMes(r 67 rrrklic addaaweesreat t Ike tier ad slave of ay pnriooaly vekvldld oak. Lefler w <br />Ltaiw't tMtlgaot asT ttwrtisaaa Ike Prapety at sty sale. <br />Upd neeigl of ~sut of eke pier leis. TrwYee roost ietiver to the irtrtAsaee TeaaMe's rleei eewerieg Ike heprty <br />soli. tiro eeeltak in Ike Tutee's iced slat lee pica facie e.iledce of Ike 1rMk of eke s1a11etdtW ode tkaaia. Tedslse <br />id aAly eke pwsaai of eke vela io die fuYowipg,grtier. tai to oY reaaorsMe eaa ad eapaaw of Ike oak, iweksiCtrg, 6N <br />w IisYsi Iw 's Iwo of cwt diorc l-ad _ _ '_' .. _ '~ of eke gran Bak pits reaaodakk wlaedey's ens stl calla d <br />tlrs eviiadaa; fkl M aY sass etrdrei by [bY 1)eti of TrtaM; isi ill eke cares, B uy. fo tYe praoa ar peaor kBaYy edlild <br />tiseela. <br />t7l Miteown's RyM M RetaaNte. Narwrtha+anding I.enckr's accYltratian of the sutras secured by this Dent! of Trust, <br />Berrawet ahail hart tAe right to hart any proceedings begun br Lender to enforce thu [ked al Trust drsconUnued at <br />arty time prrxrr to the eatlxr to occur of t+f the fifth day hrfotc tint sale of the Pn?pen> pursuant to the power of Bak contoured <br />mthis i'7oedol Trust or ftiientry csf a irntgment tniwcmg rhss [?P~ of Trent il~ test Borrower pars 1 ender ail sums whxcA wrould <br />ere rhea dro¢ vtrdet tAUr Used sat Trues, the here and rxNCS securing Future Advaricea, :f am-, had no acs~cleravon arcurrtd: <br />(Ai 9ettrowtr awres aB breatAn et any there covenants ur agrttrrrenis of Borrower .aataurecl in ells C?eed of Trust: <br />fci Mrrawet pays off reriwsnaftk exlrrnats urturrexf by i coder xnd Trsrster rn colon erg the cavtnams and agtteencnts «i <br />Bcureswer ca+rtaitwd rn thrx Deed of Tnnu anti rn enfuning t-tnder~v and Truvtec~s rrmtdres as provrded rn paragraph I N <br />tiareouf, kosYsdiny, Wit nW irmrotd ta. rtasarrabia ttncarrrcy~s fees. oral ids Bcurcrwtr kakes sax~A arvan as Letnler ores: rrasc,nahtc <br />regtrrts to asxvtt tAai tiro Ecru of tAa peed of f trot, f.rnder's rntert+t :r: rf+e i're+peny arrsl B~.rrawxr s r~hiepavnn ro par <br />