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$4 - 002228 <br />9. Cotrietrwsior. The proceeds of any award or claim for damages, dvect or consequential, m connection with any <br />condemwafion or other taking of the Property, or pan thereof, or for conveyance m lieu of condemnation, are hereby assigned <br />and shall be paid to Lender. <br />In [he event of a rota} taking of the Property, the proceeds shall ere appbed to the sums secured by this Drell of Trust. <br />wuh the excess. if any, paid to Borrower. In the event of a parual taking of the Property, unless Borrower and Linder <br />otherwise agree in writing, there shall I+e applied to the sums secured by this Drell of Trust such proportion of the proceeds <br />as is equal to that proportion which the amoum of the sums secured by this [ked 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 a abandorrcd by Borrower, nr iL after notice by Lender to Borrower that the condemnor offers to make <br />an award or settle a claim for damages. Borrower fa+Is to respond to Lender within 30 da}•s after the date such notice is <br />mafkd, Lender is authorized to collect and apply the proceeds. at Lender's opuon, either to restoration or repair of the <br />Property or to the sums secured by this Deed of Trust. <br />Unless I ender and Borrower otherwise agree rn wnnng, any such application of proceeds to principal shall not extend <br />or postpone the due date of the monthly ms[allments referred to m paragraphs i and ?hereof or change the amount of <br />such irtsullmenta. <br />16. Bdrswer Nd RekreJ. Extension of the nine for payment ur modification of amortization of the sums secured <br />by this Deed of Trust granted by Lender to env successor m interest of Borrower shall not operate to release, in any manner, <br />the liability of the origins} Borrower and Borrower's successors m interest. Lender shall not be required to commence <br />proceedings against such successor er refuse to extend lime far paymem or otherwise modify att>orttiation of the sums <br />secured by this Deed of Trust by reawn of any demand made by the original Bortower and Borrower's successors in interest. <br />1l. ~ForbearraaY 6v Levier Nola Waiver. Any forbearance by Lender m exercising any right or remedy hereunder. or <br />otherwise afforded by applicable law, shalt not he a waiver of ar preclrafe the exercise of any such right or remedy. <br />The procurcrrtent of insurance or the payment of taxes or ether hens or charges by Lender shall not 6e a waiver of Leader's <br />right to accelerate the maturity' cf the indebtedness secured by this Deed of Trust <br />12. Rersetlies CasstWive. All remedies provided m th+s [hcd of Trust are distinct and cumulative to any other right <br />ar remedy under this Geed of Trust or atTorded hs law or eyuny, and may br exercised concurrently, independently or <br />sitccetsively. <br />I7. Sarctrws aai Assfgr Bori; loLrt and Serenl I.iabYMy; Capiows. The covenants and agreemenu herein <br />contained shelf bind, and the rights hereunder ,hall +nure to. the respecnve successors and assigns of Lender and Borrower, <br />sub}ect to the provisions of paragraph ! 7 hereo! AIt covenants and agrettnents o[ Borrower shall be joint and several. <br />the capriore and headin6 of the paragraphs of this [kid of Trust are for convenience Doty and art oat to Lie teed to <br />interpret or define the prbvnions hereof. <br />11. Narke. C-scept for soy nonce required under applicable law to tsr given m another manner, (a) any nditt ta <br />Borrower provided far m this Deed of Trust shall tie given by mailing such nonce by certified mail addressed to Borrower at <br />the Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, and <br />tbt soy notice to l.tnder shall be given by certified mail return receipt requested, to Lenter's address stated heroin or to <br />such other address as Lender may designate by nauce: ea Borrower as provided herein. Anv notice providdi for in this <br />(?eesl of Timor shall be deemed m have been given to Borrower or Lender when given in the mmtter designaud heron. <br />IS. Uattorw Dees d Trtr1: Goterwirg Law; SeversbilNy. Ihu form of deed of trust ct>mbines uniform rnvenants for <br />nahanal use and nun-uniform covenants with Lmiti:d vanauons fly funsdtcuun to comutute a uniform security ittslrumMt <br />covering real property (his Died of Trost shalt M governed M the law at the }unsdietian in which the Property is located. <br />in the event that any provision or clause a>E this [heJ of Trust or the Note confltds with applitahle law, such conflict shall <br />not aNtct other previsions of the Drell of Trust er the Note which can iY given elteet wuhoul the conflicting provision, <br />and to this end the provision n! the Decd ei Trust and the Note are declared to be severable. <br />Ib. Borrower's Cqy. Borrower stroll l+r hnnnhcd a ..unharmed copy at the Nate and of this Deed of Trust at the tithe <br />of extxuuon or after recordauan hereof <br />17. Trrrrfer d lle Prrpwy; ArsrwgNoa. It all or tins pan of the Property ar an interest therein is sold or trettsferrod <br />by Borrower wuhout Lender's pear written comrnt, excluding ta} the creanon of a litre or encumbrance suhordirr ta <br />ibis Detd of Trmt, t }+) the creation at a purchase mangy security ,merest for household appliances, Ic) a trarrfer by devise. <br />dereent or by aperauon of law upon the death a>t a tome tenant ar 1 J } the grant of any leasehold interest of three ytan or less <br />not cotuatning an apttan to purchase, t cns)cr may. at Lender's option, declare all the sums secured 6Y this Dtxd of Trust to be <br />+mmedtately due and payable. Leader shall have warvcd such opuon to acct}trace if, prior to the sale or trattsftr, Lender <br />ai>d the pcnon to whom t}re Progeny a to tx Bald of transferred reach agreement in writiaR chit the credit of such person <br />~s satisfactory to 1 crssler artd that t!x interest payable on the sums uc.urad by this Decd nt Trust shsll be at such rite as <br />L ender shaft resiuest- IC Irmler has waived the opuon to accelerate provided in this paragnp6 17, and Lf Borrowers surceswr <br />.n interest has exauted a written assarmptwn agreement accepted +n .young by 1_ender, Lentkr shag release Borrower from <br />al} obliptrans under thu Dttrf ni Trust and the NMc <br />If Letrkr exerenes xucft spoon to acceerate. 1 ender shall mail Norrawtr nouct of arcekration m accartfanet wish <br />paregnph IS hereal Such nonce shaft pre>~+de a pera>d of no[ less than iq days from the date the halite is mailed within <br />whtch Borrower nsaY ppaay the sums deetared due If Harrower fails to pay such surtu prior to the expitatian of such period, <br />Lender may. wnhaut further nonce or dcmarsd on Hormwror, +nvoke any remedies permittaf by para}iraph IS hereof. <br />Nor:-l~nirr>aat (~ovtt+.srr rs Borrower and Lender further covenant and agree as follows: <br />Ig. Acceietdir; Relaedies. t:acep aw pwNei is prrgrgb 17 bend, rpr Borraww`s hrawe- d cry eartettiW K <br />agreestwl d Borrower is flit Deed d Trw1, iaelydirg Me corewads to py rMr rlre cry rtes seerrtN fry tit Oed <br />of Trtw, I.erder pier to rcceierdiow shah asoi woUrt to Berrewer d povided M pagrtspi 11 terror yrt!(yisRs A/ lie <br />bevel: (2) lie Derive rgrirti to cwt wrl bread; tJl r dart, rd lees flea Js irys tenet lit dote tie adiee 4 rraYN N <br />Brrsrsttr, by w11iN arch betaeb saw he crtttr!d: art N1 Ibrl trilrre to cart wet tweet r W frtMr Ill! tlwlr tpetYN <br />is Iltt aatie wry realil iw asrelerrliow d the serer secritd by tlsi Iyed d Trtw art rile d lie Pro/aAy. TMe rdite <br />sltB fswber irtatrt Batwwn d lit rfgbl to reiwitate otter aecelentpr rat lbe right to king • cawel ttaMir to rtrA <br />tbt row~er:ilera7 d a tktrM ur awy fiber rktert o1 Borrower to acceleraNor sell tatR. If lit 6rtaeM i rat creel <br />ow a Mate sic rbtM spriiN iw vie asitict, I.eaier N l.eaier's opba wry dec4tt aU d lit wan record by' lift Ded <br />d 7'trrt N k i/.sditely ire avid pyrbk wrleel farther rterarad avid soy iwvaie lit pea d sale rf ry dirt rtrsrriies <br />prtrYlei l1y aggrticwiie Irw. I.rier shay k ewtikd to cugrH aU resortrbk coati rd ettgertts fsterrrd N ptnritg lie <br />rtseiia pevild i• rift grragragi Ig, brclrriiMl, br cot lisiled la, rcrrawrbk rroerey's tees <br />U lit pew d sa4 i irvakei. Trtsnte sbrY record ^ edict of detadt is call certy fa wMclt Nee Prtrpety or sere <br />parr Ibrseat i Irralei ri riaY sd rapier d swb outlet iw tie wroaaei peserLd by trhlicttilie law to Borrower ad N lit <br />dire par peseriMd h aNHtaik law. After the V/w o/ xrcb flee of ray be rgaired h' yglitafit Ire, Trrrtre siaY <br />ggiive prltir ttaoftt d halt to the prsors ri in sic mower ptscrfbd by apiitaiie law, Trslto, wNiad iesari r <br />Brtsowtr, sbrY ttB Ht Prgerry N pablic arcliow ht the bihW 6iitMer >a the tfete red plMe rd reitr flit Kest idgYld <br />o lit airrict d rttls i sae w vivre pecei evil in arch order s Trtwee try detertshte. TrtsWe cry pNport sale d rB <br />or ry ptrtaf d Ibt rsrRrly by ptYic raorrcerwed at the rise rd /lace d say peviowly scbedrki vile. I..erier or <br />I.edor's dnfBrat soy prebse tle Prrpny d ry srM. <br />Upit saeoip d Mys+d d Ile p'ie'r bid. Traslee shrM deliver a lbe prnbsw Trtwee's deei ewveyirg the Prspeery <br />grit. The reciarit i• the Trwtee's deal r-rB k glen facie evirltrce d the refit d Ibe tifrlesresW sale Ntersit. Trrsttee <br />airB rrytiy Nee arw'tti d lit attkr Hoc IaYawiag order Iar to aM reattwaMe rags aai tsreraea d Mt vile. irclriirg. hest <br />rd IisYti M T-erMteh feet d wM see tier _ _ `A d Me gees sale pite, natoraiit dlanty't rep sad cart d <br />Net asiitwtrf Ili N ar sass serried by Nei Iled d Tern; rd fcl -be eacer. B ry, to tbt !'et+w w patrrr igrBT eatYki <br />tMlla. <br />1!. Boseawtr's Rigla N Rttwde. Neuwrthslandmg Lender's accclerancn of the soma see need by this Dcrd of Trost, <br />Harrower shalt have the right ts+ have any proccesfings begun by lender to enfanr this Eked of 1'-root airss:onunseed at <br />arty hint prior ua the cari+rr to sxcnr of {i} flit Nfth day brtarr the axle of the Prepenv pit rsuant u, the ps>wrr of sale coma+ried <br />,n this Ltd of Trust w fn} emry rd a tudgmtnt rnfarcrng Chu fk~ed of Trusr rf tat Borrower pays Lender all sums wh>sh would <br />Fsr 4fien dot ureter flies Lkrsal eat Trusr, the Nsne and roues vrc:ruang Future Advane<s..f any, had no as:ceteration occurrrs}. <br />ihl Hnrrowsr cures all hrcaaltes a*t any ether s:avmanes +rr agrrtitsrnts u! Bnrnewer ,omatned m thu flied of bust, <br />ts) Rrrrruwlx pays +ll rrascxwi# espensrs #rtc:airted by I.cnsser amt Truttce en enters-+ng the .i vrnanta and aces,: memo +,i <br />Hrsrrcw,er cuas+rnut to flits Ch~l sat Trust and .n rnfwcmg fenders arnt T:nerve. rr,n>edres a~ p;osrated +n paragraph in <br />ttermsl, irwftrd:t>g, lint owl itrnued lo. rrassutable ancumy v firs. and Id? Brarrowcr #akrs web tie r:,en a+ t cnslrr mat rcav+aaah;s <br />r+igsrttt to assure that the iron ail the [ktd ,+t bust fenders uarrrrat ,n :hc 1'rr>tcny anal B,rrower s .ihligavuv: r,~ pea <br />