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84- 002215
<br />9. C,attde>•ttaskra. The proceeds of any award or claim for damages. direct or consegetential, in connection with any
<br />condemtation or other taking of the Property, or prt thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to l~oder.
<br />!n the event of a total taking of the Propem, the proceeds shall be applied to the soma secured by this Deed of Trust,
<br />with the exasss; if any. paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />othewise agree in writing, there shall be applied to the sums secured by tMs Deed of Trust such proportion of the protxeds
<br />as is equal to tlut proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of
<br />taking bean to the fair marke[ value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />tf the Property is abandoned by Borrower, or if. slier natice by Lender to Borrower that the condemnor o6e[s to t[lake
<br />an award or settle a claim for damages. Borrower fails to respond to Lender within 30 days after the date such notice is
<br />ensiled, Lender is authorimd to cotta[ and apply the proceeds, at Lender's option, either to restoration or rcpir of the
<br />Properly or to the sums secured by this Dtxd of Trust.
<br />UnI~ Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or poupone the due date of the monthly mstallmenta referred to in paragraphs t and 2 hereof or change the amount of
<br />such ituWlmenu.
<br />It. flarearrer NN ReYtttslN. Fatension et the time for payment ar modification of arnattiration of the sums secured
<br />by this IJted of Trust granted by Lender u, am successor in interest of Borrower shall not operate to rcleax, in any manner.
<br />the IiaMlity of the ongioal Borrower and Borrower's succeswrs in interest. under shall Hat be required to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amottitation of the sums
<br />rrrnvt by this Ik«I of Tntst by erasan of any dtmared made by the original Borrowe: and Borrower's attccesmn in interest.
<br />1 L "FarYeraaee b Lea/ee NN a Wainer. Any forbearance by Leader to exercising any right or remedy herwt}det, ar
<br />rtlrcrrvise afforded by appliubk law, shad not he a waiver of ar preclude the exercise of any such right or remedy.
<br />7Tte procurement of imuraoce or the paymem of lase or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to aeakrate the maturity at the rrtdeMe[lnexs secured by this Detd of Trttst. '
<br />IZ Rttttaadks CarrasNc. All remedies provided to this Deed of Trust arc distinct and curtwlative to any other right
<br />ar remedy under this teed of Trust ar afforded by law ar egwty, and may tie exercised concurrcnUy, iretlependently or
<br />succcasivdpp.
<br />IJ. Sreessrs tlyd Aattlg~ Raid; Jdwt sad Sertrcl l-~Y: CaPtbas, TTre covrcnaou and agreetnenta herein
<br />contained shall hind, and the rigAts hemmder shall inure to. the respective succeswn and assigm of Lender ark Borrower,
<br />sttblett to the provisiom of paragraph I "r berme .All cavcnants and agreements of Borrower shall bt joint and sevdat.
<br />The capnom artd headings of the paragraphs of this [kcc of Trust are for canvenietece only and arc not w be axd M
<br />Inrcrprct or delete the proviawm hermf.
<br />Id. \etke. Fxrpt far any nau ~ requu eel under applicable !aw to be given to another manner. (a) any pellet to
<br />Borrower provldrd for in the [keel of Trust shall be given by maibng such Mrhtt by certified mail addressed to Borrtyteer at
<br />the Property Address or at such ether address as Borrc+wcr may desegttate by notice to Lender as provided herein, and
<br />1 b) any I>aiu to Calder shall he g:van Ay cttt+&ad mai€. reutrn receipt tcytsested, to Lertdar's address stated fietein or to
<br />such astlter address u Lender rtray dpipute by notice u, Borrower as provided herein. Any notice provided for in this
<br />fixed of Trust shat€ ere deentcd :o have bean given tc Harrower or I.endcr when given in the manner deaigoated heron,
<br />13. UaNarw lied o/ Trap; 4orerldaR Law; $eregYWly. This form of deed of trust combines unifatm coveaaots for
<br />nauonal use std rain-undorm cavrnan[s with limned vartauons by tuna±tcfwn to cnnstitutt a uniform security iMtNmeat
<br />cavering real propene. This Deed of Trust shall tse gaverned by the law of the lunsdiction in which the Property is located.
<br />In the event that any pravsstan or clause of tMs [lead of Trust or the Nate canflicts with applicable law, such conflict shall
<br />not affect other proviaiom of this Uedl a( T'ruat er the Nrne which can ere given effect without the canfl}ctfng provision.
<br />and to th+s end the provniam al tAe Deed o€ Trost and tfie Nate are declared to tx aeverahk.
<br />la, RartareeeY CaPy. Borrower shall be lurnished a confarmed copy of the Nast and of thix Dad of Trust at the fitne
<br />.,€ taewtton er after tecotdation heetef.
<br />lT. Ttts~/sr A Ue ~y; AasasrtPYaa. if aH or env part at the Property ar an intertu therein is sold or tramfetted
<br />by 8onowa wirhoW Iettlfw s piton wnrtm ccmxrrt. eseltlejsng t a) the creation a(a lice or encumbntxx subordinate to
<br />tMs Ileevl et Tnnt, (hl the crpnen o€ a purctusse money srcirnty tnkrest Gx hausehald apphiances, (ei a ttatMfar by devise,
<br />descent or by operalmn of taw uppoonn the death of a trrmt ten:tit or t d) the grant of any I ld interest of three years ar las
<br />net containin an option to purchase. l.e+sder may. at ! ender's aprion. dertare alt the sums secured by this Decd of Trent to be
<br />~mtnaltately due std psyaMe_ lender shall have wasved such opttan to ar;celtratt it, prior to tfrt salt ar tramfM. [.ender
<br />and the person to whom the Pmperry a a+ be wed or transferr reach agreement In writing that the credit of such person
<br />rs satisiactory• to Calder and that the interest payable a+n the sums xa:curtaf by this Deed at Trust shalt be at such rate as
<br />lender shalt tegtlatt. tt L.ertder fins waved the opaan to aca-ekrate provtakd in this paragraph IT, and if tlarrower`s sttcrnaor
<br />~n mlerrat has cxewted a wntten aaumption agrcenrrnt accepted tr. wnung by Lender, Lender shell release Rorrowe[ from
<br />aft abiigattom urtdtr the Deed of Tnrst std the Nate.
<br />!f I..eltder extretses suite aptmn tr. acce)tratc, l.enakr shsH intent Harrower nonce of ata:ekntian in accardaatx with
<br />paratpaph 14 barest. Steele naltce shell provide a prrioai of nut less than 3U days from the date the rtotia is mailed within
<br />wtuc• Rorrawer n:ay pay the wnn declared slur. I# Borrawer feels to pay such sutra prior to the expirction of atmh ptritd,
<br />teeter Huy, wuhvwt further nattcx ur depend on Ilrxrawer. ,nnake anq remedies permitted by paragraph Ig Hereof.
<br />NtrN-L NIroaM ('oV[NAN72; barrarscr and Lender tunhH ccwenant and agree as falkatrs:
<br />ta. AccekeMis; Resedks. Earep s Providd q garaRttgY IT banal, tepee Rasrrwara 6rsatY of awy caveaaN a
<br />ea/errae'at of Repawtr N Ilti filed o/ Trap, iwctadillp the coveaaNS la py vrYea ire try swaw aetspal by tYi Dead
<br />of Trap, t.,eader pile to acaelerNkaa sAaN saY mite to Rarrower s Provided q pntgnpit fa Yeeeat ttPeekfyM/t Iq Me
<br />brearY: f21 IAr silica nyrad to rare sorb hreacY; tJ) a dale, tsM lava IYaw 3s days front IYe tale lYe tlalire q ttrRad ro
<br />Rarrewrr, by wYkY aw•Y Meari mare be used; ltd 101 IYN faiftlre to ante swell breacY oa rr ktrfaa IY! tlMe
<br />in tAe entire rwRy rraaY in aecelertpiaw ei tAe saa>A stirred Ay the (lied a/ Trost ad sale of the ProPteely. TYt ttalice
<br />vYall twetYer iafws Uatrawer ad for tight to reiavlak after wv'pkMiaw and the right to bring a curet Mira to itaseA
<br />the ttlta~exglewte of s deiarY ur ray dyer drfease of 6orrovver to attelenliua ad sale, 1f the bmtY k rot erred
<br />oa m bt/ere fee date sPeciied q tYe aoti/•e. I.eder N I.eirdePs opines ray declatt all of the ws- secrred by tYq Dtrtd
<br />+d Tra1 lu be iratediately else std pyaMe wabow frrlAer rkwuad and Iraq invoke tAe power of sake ltd any dYe. rettstvdin
<br />penaitkl'd by aPPtiraMe law. Leader sAaY Ae entitled 1e cadkaY all reatoadk costs ad expellees iactlrred in Palsaia[ the
<br />reawdiss Proviied q Ibis pragryY Ill, itttladiaa, bs wnl IisNed dr, rcasultable atteraey's teas.
<br />R IYe Pew d sale k grakd, TrWee sbW record a wotke of tlrtarh in race corNy in wYkb the PrePerty ur wee
<br />pis 14retd fy located ad rrAaY rd copies d sw~lt polite a IAe mraaer Prescribed by aPPYtaMe law to Rarrawer ltd Is IYe
<br />aaYar Parvws Pracri4d Yy aPPiicabk qw. Afler the qPr of wrY limn s may lie regrkal Yy rtPPkkaYk law, Twstec sYW
<br />pier PaYYc ttalice d sale 1o tYe prisons reel in for rnawaei prescribed by aPPticabk qw. 'frlstee, wNYort dealaad on
<br />Rasrawer, rYaR see [br I"roPepy a PrlNic wrtiaw 1n Ibe biaYlst bidder al [bc Ileac sat pater ad under tAe Ieslwa dnigaated
<br />q IYe staler of ske q errs or learn pal+eke ad M sorb order as TrttWee any deteratiac= 7raslee easy poNpws sale of till
<br />or ray Parcel N IYe PeaPeay -y PtlMic arrurwtrreN a tM tisse sad place of am pRViouYV srbsidrd salt, l.eder m
<br />I,erdn's ray ptrYrse Ne P/aPerty N vy sale.
<br />l;pa- t•eeeiPl of pyttatN of tbt prier ttld. Trestle aWl dtdiver to lAe purtllaser TrlgYtr's eked crrvrviag [bt fMeprtsy
<br />.air#,., a raa-iiaif io tier Trastae's dart0 sYaii br prise fester tvdes: d the ttwY d the stakewNS made Iberaie. "1'rtsvtee
<br />rbaR aflpy eYe p/aeaeds ur We sale !. tYe tatRawiag order: ta} to rY rcarawable lute ad rxprttans of IYr sale, }ItcbdYtg, Iwt
<br />eat NttUld Nt'frttdte's ken dnot /Itset tYaa ''7 of 11'F d IYe giver sale price. raatrstarbk Ytorrey's fees ad teas d Ulk evidratt:
<br />eb} to ar rattas slcwrd a tlds [kA af'l)wal; and tc i tl1e excess, it any, to IYe prtsrr a pareses leaauy eatided thereto.
<br />N Raetawds Ride to ReiltpMe. Natwnfiaeandmg t.rndrrs acceltrauan ra the gums scc'ured i»- t}„+ Drrd of 1'v use,
<br />Barraaver sAail ilavt the rr}it+t ta> have any prescetdinpv hcgurr by € rndrr t.r rnl urs'r +h+s Hoed of "fnrxt dtsconumved at
<br />any tttfrte prnx to (hr earlier to swear a! 5r1 the flab day hrfore the sale of rftt Properly pr~ersrrant hx the pnwwxr al sale cantavtxd
<br />ra fine f?tu! of Trust a+r #er) every at a it mane entorcinp this Decd of Tnrst tl: tat Bormwrr pays t Znder a)V sums which ws+erld
<br />he tttel+ afar vender ten [)eed c:rf Trust, alit N:sty avid rvsues src+u rap Future Advarvr:as. rl any toad n„ avcrfcrat:nn .a~eurrs^af.
<br />ih) Bprcvwrr eerie all brtarhta c+l any .vrAer savenams ru agrtrtt+cnty a+t Rr°rrrowct <rrntamed .n this [Iced ~"st f rust
<br />+xl Btrrrcgver pays af) rcasonaMr rvpenu;r +ncurred hY t insect arr.! Trustee u. cnfaremg ulna ..?v<name and agxeenxnl+ of
<br />Bartuwrs crwtamtd to this I)erd r+t 1-n+st a+t:t rn enfcsrt tng [crrdtis ,end trustee: s remedrrs a. provtcled rn paragrap€r Iri
<br />farreafi• irrctudinp, Aut nau fsmned tn, rrasonahM attortrrv's tars. and !dt {ir+rn•+wer tuia~s vrnkv ar;tnrn as Lemler r+:av rear+++nahls
<br />reyr+rre te> ssrnlr tAat the Fares ..t the Clstat ale Trust. € endtt s rrrterrsr m vhe f+rapenr and liorrr+wcr"..vhlr}tatv«a I,~ !,ai
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