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$4 - 002224 <br />9. Caw~emwMlsw. The procceds of any award ar claim for damages, direct or con¢quennal. in connection with any <br />condemwtion or other taking of the Property, or part thereof, or for conveyance m lieu of condemnation, are hereby assigned <br />and shall be paid to Lender. <br />!n the event of a tool taking of the Property, the proceeds shall he applied to the sums secured 6y this Deed of Trust. <br />with the exwa, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender <br />otherwise agree in writing, there shall be applied to the sums secured by this [ked of Trust such proportion of the proceeds <br />as ix ual to that proportion which the amount of the sums ucured by this Deed of Trust immediately prior to the date of <br />taking bean 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, or if, after notice by Lender to Borrower that the condemnor offers to make <br />an award or settle a claim for damages, Borrower fails to respond to Lender within 70 days after the date such notice is <br />maikd, Lender fs sulhorized to collect and apply the proceeds. at Lender's option, either to restoration or repair of the <br />Property or to the sums serarred by this L7eed of Trust. <br />Unless Lender acrd Borrower otherwise agree in writing. any such application of proceeds to principal shall not extend <br />or postpone the due date of the monthly installments referred to m paragraphs t and 2 hereof or change the amount of <br />such rrotallments. <br />10. Bartswer Nd Rammed. Extension of the time for payment or modification of amortization of the sums secured <br />by this Deed of Trust granted by Lender to any successor m interest of Borrower shall not operate to release, in any manner, <br />the liability of the original Borrower and Borrower's successors m interest. Lender shall not be required to commentt <br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the stems <br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest. <br />11. ~Perberwwce by Lender Na r Wdver. Any forbearance by Lender to exercrsmg any right or remedy hereunder, ur <br />otherwise aftoMed by applicable law, shall not he a waiver of or preclude the exercise of any such right or remedy. <br />'The procurement of insurance or the paymem of taxes or other lietu or charges by Lender shall not be a waiver of Lender's <br />nght to accelerate the maturity of the indebtedness secured by this Deed of Trust. <br />12. Remeifer CrmtiMlve. All remedies provided in this Deed of Trust are distinct and cumulative to any other right <br />or remedy under this Deed of Trust or afforded by law or equity, and may be exetcixd concurrcndy, independently or <br />sua-erivdy <br />13. fiweeetrm ri Aripra Board: Jdr awd Seveer LittbiYly; Captieri. The wvmanta and agreements herein <br />contained shall bitrd, and the rights hereunder shat! inure m. the respective successors and assigns of Lender and Borrower. <br />subject to the provisions of paragraph 1', hertxrt. All covenants and agreements of Borrower shall be joint and several. <br />The capions and headings of efts paragraphs at this Iced of Trust arc for conveniem~e only and art not to !re used [n <br />interpret or define the previsions hereof'. <br />It. Ntrtlre. Exct:pt for any nonce regwred under applicable law to ere given m another manner, (al any notice to <br />Borrower provided for in this Deed of Tout shall tie given by marling such notice by certified mail addressed to Btxrtnrer a[ <br />the Property Addrw or at sitt:A other address as Borrower may designate by notice to Leader as provided herefn, and <br />tb) any noptt to Lender shall be given by certified mail, retwn receipt regirested, to Lender's address antat herein onto <br />such othu address as Lender may designate by nonce to Borrower as provided herein. Arty notice provided for in this <br />Heed of Trust shalt fx deemed to have been given to Borrower or I~nder when given in the manner designated herein. <br />tS. l3wilastw Ded d Trttr; Coverdrtg Law; SrvetatlBly. This form of deed of trust combines uniform covenants for <br />nauotral use and non-uniform covenants wnh hmurd vanahons h}' jurisdiction to constitute a uniform security instrument <br />covering real properly. This Deed u( i'rtut shall fu governed by the law of the lurisdiclioe in which the Property is locoed. <br />In the event that any provision ar clause of this [Xed of Trust or the Note conflicts with applipble law, such conflict shall <br />not affect other provtaianx of this lXed of Trust or the Nate which can be given effect without the conflicting provision, <br />and to this end the provutom of the Deed of Trust and the Notc are declared to be sevenbk. <br />lei. Baeeawer's Cory• Bortower shall be lurnrxhed a cartfnrmed copy of the Nrne and of this Deed of Trust at the tune <br />of etermtiort or after teaoMaion hereof. <br />17. Trtisfer atlrelra/esy; AmampYae, If alt or any part of the Property or an inters[ therefn is soW rx transferred <br />by Borrower without leader's prior writtcw consent. excluding f a 1 [he creation of a lien or enntmhrance subordiwata to <br />this Deed of Trost, (61 the xasdr of a pttsdese money security interst for Moiuehold applra»cs, fc) a tratefer by devise. <br />descent or by operation of law upon the death of a loin[ tenant or f d) the grant of any Ieaseftofd interst of three yean or Ise <br />not containing an optixm to purchase, Lender may, at Lender's option, declare all the sitrm setatred by this Decd of Trust to he <br />immediately due and payabia Lender shalt have waived such option to accelerate if, prior to the sale or transfer, Lender <br />and the person to whom the Property is to be said or transferred reach agmmem in writin` that the crodit of such person <br />is satisfactory to (.ender and that the interest payable on the sums securest by this Dsd of Trust shall 6e at sudt rate as <br />t-ender shaft regresL If Leader has waived the option to acceknre provided in This paragraph 17, and if Borrower's successor <br />~n intense hex executed a written assumption agreemrm accepted in wasting by Lender, Lender shah rckaae Borrower from <br />all obfiptroes under this Deed of Trutt and the Nate. <br />If Lender exercus such option to accelerate Lender shall mail Borrower notice of acrxkntion in accardaace with <br />patagnph 14 hereof. Such trotice shall provide a perod of not less than 3U days from the date the notice is mailed within <br />which Borrower may poy the rums desiued due. If Barmwer fads a pay such swm prior to the expiration of such period. <br />I_errder may, without further twtict or demand on Borrower, invoke any rcmedia permitted by pengnph I g heroof. <br />NON-i1NIPQM C'oveataNTS BORawet and Lender further covenant and agree ss follows: <br />I s. Acreleraliawt Rereika. Cacept m pravidd N pm~tapr 17 Meteaf, apt Bartawds borer W ry cwvaestr ar <br />irRteerwsrt d Bessawer u Ne Ileti d Tress, itrclwdiwR IYe aavesrwwh to p.y wbr die swy twins trucmad by trM Deli <br />d Tear, l.ewier prior to accelerrir sbaY twaB wrke N Barrowe- m prsvdd Y pruReapb It bated spttllyYRs {t) Ibe <br />bteacba 121 tit astir tyaitd re rwre web brewcM; 131 • rhse, wet kas Ibaw 3B days /rotes Ire dale 16e trliee i mttMd M <br />Bertewer, y wlricb srrcb Mrrb terns be cord: aw/ tyl list faWte N ewte +«b bseweb M « behte Ibt Isis gaeib/ <br />in the wotite wtrq rerY M atednwlMw d the errs trerarrtd by tbk Ikd d Trrr awd sole d Ibe Prapmty. The waNxe <br />sbaB frrber id«m Wrewe- d t-e rXiN a reirMe deer ercekrwtir std the ~M to kbK ^ caret traYlaw N aretl <br />the .owt,riwce ar . ddwsM « ry tier defewr of Borrower to ecaekrstisw std ode. If Ibe brewer to tent cwtsd <br />ow « bolero tit dale geetiKd Y the rraske. Lewder r Lender's oplioa try decWe aB d the awras eecwtd by tbk Dees <br />of Tray w 4 irmdirely he trwd payable wilbewt farrtber dead rd tar ilrrarie tie psw« d sole std ry dfaer temdles <br />pertrtied b apM7tatie law. Leader rid bt errlYki to euYeaY aN naorsrle casts awd espewrs iacwrtd M pritttttiwR ere <br />ra•rweiko proviid N Ibis psrsgnpb Ig, iwcldlgt, -rt wet iirwild to. reamwwMe attarwey`s fees <br />H Rrr tassrer d srie i iwveked. Trestle aW terortl • wMiee d deftraN iw eaci enrolls iw wblrb the ProbMV « sore <br />rw~bsr poror4prarsibr~ ~ippl'tcable Fite. Ats« the frpsewol~rrai~ m~wraey~Ye r~q~iM ~ ap~~nNYle«Trn~retarr~B <br />Rise pWe trNiee d ink to ere perear ad ie sbe corer preacribei wY appBeaYe bw. 'frretee, wiliest iertird r <br />Barrow, rlriR !M Me Rrprty M prYk aretisi N Mre IriRbeM biNee r the Uwe awd place old wrier tie rerrws defigWed <br />ie Ibe waake d sik Y are « more parcelr tread Y rarcM arrrkr m Trtrwee tar delermire. Trrekt rwN' psrpore into d aB <br />« rl pwm'1 0l tit rra/aty ty Milk rworwremrr r the time +d plwse d ry previerdy acAedtaki sttM. Letrtkr « <br />I.ewieFs ~ ttiayr ptstebme Ibt lsaptrty r ry ode. <br />U neripl of yrymrl d the prise bid. 'farm star ileYr« w tie Pwn'iwrr Trrrae's ded cerveriiR the Property <br />atty. i1e ra~itsls m f\c Trwrm'a des/ s\al- 6t prima facie tYi~taa d rbe srrb d rise sraremsla merle f\esaiw. 'frrrt« <br />sirwli apply Ne prwweJs d tie sale r ewe iaiirwrrR Drier: for w W reawsile cans rd txperea ad t! are. iarcwriYg, bW <br />wet tirwsd M. Trrrree't fees d air tars fir h d 14 d Ibe pars atrk prix:. reamwahk altarrry'a fees ttr/ tors d tltle awider'et <br />tbl as ti wtma rxrrd b[r rYis Dear) d'lttet: wM fcl lit eases. if My. In the peones «perarr iegdlY ewKtld tbeeaso. <br />lt. Baettwat'r RyM N f[dwrase. Nrrtwrihstanding Leaders aecelcrausrrr at tfic sums xZ:ured by this IXed of Tnist. <br />Brrrrewet afidi have the right to have tray proceedings brgun by 1_ender M enforce [his Iktd of Trust discxYnumied at <br />any stmt WtM to ttre earlrcr m occur of Irl [hc fifth day before rhr sale of the Property Puesrtant to the power of sak comairrcd <br />in lilt Cked of Trur ar (tit sentry ai a Itrdgmtmt enhirctiog elite Deed of Trust tY tai Bortower pays 1_cnder ail sums whrcfi watrid <br />tit titer dot tartdef flat 1?etd at Trust, the Note and Hates srcunng Frnttrr Advances, d any. had m> aaeteratran accurrrd: <br />!h! &trrotser t:utea an breaches of tray other covenants or agreemems of Harrower eanwncel in this Deed of 'inrst: <br />!ci Bnrrrtwer pays ell rcaaanatMe tYpengs mcurresi by Lender and Trustee in enforcing thr envenoms and agmementa tit <br />Bonowa xstrtuured rn Msa Deed of Tnsxt and rn enfarcing I.cndei s atuf Trrnter's rc.mrafrcs a. prov+rtetf m paragraph 1 v <br />hertNSf. ittrhtdirrg, bra taut ltmrkd ta. reastrttebie artarney's lets: and 4d) Narrower rakes usch acirx>n az 1 ruder may reaaonahly <br />rxnqurte M raawt ricer the knit of tA.a I.kntf of Trrtu. 1 rndrr's rnrcresr rn Ifie Pe*rprnv acrd Norrx>wrr-> .>bligatirrn !s. ~.nv <br />