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<br />84 -002264 <br />by this Deed of Trust immediudy poor [o the date of taking bass to the fair rnarke'. value of the Property immediately prior to the trek of <br />taking, with the balance of the proceeds paid io Borrowu. <br />!f the Property is abandoned try Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make an award w settle a <br />claim for damages, Borrower fails to respond to lender within 30 days after the date such notice is mrkd, Leader is wthtsrired to collect and <br />apply the proceeds, at Lesder's option, either to reap«ation or repair of the Properly or to the sums secured by this Deed of Trust. <br />Utdess Lender and Borrowu otherwise agra in writing, any atich application of prtrcada to principal stall strtt extend « postpoee the doe <br />dale of the monthly instalhrtents referrM to in puaQaphs t and 2 hereof or change the amount of each inatallntenu. <br />lt. Betrewsrer NN Raleaard. Extension of the tithe f« payment or modification of atnortiatioa of the stttm secttred by This Deal of Tttsa <br />grunted by Lender to arty sticcesaor in interest of Brower shall not operate to release, in any manner, the liability of the: tsriginal Borrower and <br />Bortower's successors in imeres[. Lendu skirl not be required to comtnentx prceadings against Stich attccessor a refuse ro atomd lima far <br />payment or otherwise modify amtxtiration of the sums sawed by this Decd of Trvst by reawn of any dematld made by the tx(gioal BttfrOwer <br />and Bortowu's succeaatyn in interest. <br />Il. Foris«aaa h [artier Na • Waiver. Any Forbearance by Lender in exercising any right «remedy hereunder, «ttthenriseatforded <br />by applicable law, shall not be a wuvu of « preclude the txertaae of any Stich right or remedy. The pracureawnt of iruraoa «the payment of <br />taxes or othu liens or charges b> Lender shill r•x be a wrvu of Letder's right to accelerate the maturity of the irtdebrdoen recured-bY tNs <br />Oetd of Trust. <br />12. Reesedlw Grnal.tlve. All remedies provided in this Deed of Trust arc distinct and cumulative to any otleer right or remedy uotrer thin <br />Dad of Trust or afforded by law oc egtiitY. and stay be exercised concurteatlY. itidrpendently or sttocersively. <br />U. 5aresrara trail Asalgn Bernd: Jafr nerd Several LfailBly: Gptle.s• The covenanu affil agreements herein eoomiaed shW bind; old <br />the rights hereun~r shall inure to, the respective successors and assi®ts of (..ender aril Bttrtower, subjat to the prtsviaityr of pata~raph 11 <br />hereof. All covenants and agreemenu of Borrower shW bt joint and several. The oaptitros aesf headings of the paraBrapbs of this Deal of Tr®t <br />arc for convenitncc oily and arc not to be nail to interpret or define [he provisions hereof. <br />Ie. NNlee. Fatapt for any notice requtred under applicable law to be given in another manner. (a) any notice to Borrower provided-ldrht <br />this [xed of Trust shall be given by mailing such notice by certified mail addressed to Brower at the Property Address or u such atlt¢addsaN <br />as Bortowu rnaY detogaate by Honor so l.eMtr as provided herein, and (b) any notice to Leader shall be O•en by ~~ ~. ~ <br />requested, to Lender's address stated hurdrt or to such othu adti:ess u Lender may designee by nolia to Borrower r provided herein. Asgr <br />nonce provided for m chi<_ IJeed of Trust shall be cleated to have been given to Brown or Lander when given is the mWrr dad(Walad hal'en. <br />!5. UisMeem Dtrd o1 Trar: Govesaiag Vr, Sa+esaMtNy. This form of deed of trust combines uniform twve'aao4 far Oalienal use god <br />non-umfarm covenants with Itmtted s ariatiom by jurisdiction to constitute a uniform security imtrumen[ cover(ng real property. This Deal of <br />Trust shall be govuncd by the law tit the lunsdicuon m wNch the Proputy is located. In the event that any provision or dare of this Deed of <br />Trust or the Note conflicts with apphuble law, such coaFlit~t shall not affect other provisiOru of this Deed of Trwt «thC NOta rbidt po 6e <br />green of feet wtthout the contticung provtston, and to this end the provtstorts of the Died of Trust wd the Nee arc tieClared to be severable. <br />16. Borrower'x (opy. forrower shall ht furnished a conformed copy of the Nose and of this Dyed of Trust at the time of execution or <br />niter rccordattoo herwt. <br />17. Tracts of 14 Preperq: Aewmpuaa. If all or any put of the Property or w imuest therein is sold or «arferrod by Borrower <br />without Lender's poor wrturn consent. txduding (ay the creanan of a hrn or errctunMwtx suboitlinate to thin Deed of Trust (b) the creation of <br />a purchase money secunty tntcrest for household appliances. (c) a trwster by devtae, drscrnt a by operation of law upon the death Of a joint <br />mrsant or td) the grant of any leasehold rmuest of thra yeas or less not contumng an option w puohaae, Lends may. at Lender's Option. <br />declare ail tnc sums secured by this bred of Trust to be tmmalrateiy due and payable. Lender shall have waived such option to atxderate if, <br />pour to the sale or transler. L ender and the pawn to w hom the Property is to be sold or transferrtad reach agrarnent in writing lhu Ili txedil of <br />such person is saustauory to Lettdu and that the mtacst payable on the sums ucurrxl by this Dad of Trust shall beat sttc4 nle m Lends shag <br />requtsi. If (soda his waived tot option to accelerate Ororrded to this paragraph 17, and if B«rowu's stttxest« in inkrtsl hM Cxaeutpf • <br />wrttiea assumption agreenunt accepted to wrung by Lender. Lendu shall rcltase Borrowu from all obligations under this Dad of True and <br />the Ncxc. <br />If Lender extrnses wck opttun to accelerate, Lender sha}1 marl Eiorrawer nand of aceeleration in acCOrtiWKY wish paragraph 14 hereof. <br />Such notice shall pmvtde a pared of nut lass than 3n days from the dart the noutt is mailed within which Brower may pay the soots dtrdated <br />dot. If harrower fads to pa} Stich sums poor to the upuauon of such pertoQ, Lettder_may, without furlhu notice or demand on Borrower, <br />mvake say reittedres permuted by paragraph I B htreaf . t ws-.-s r t~ia~. *ye~ga ysas~q pa <br />YON-UNIFORM C'OVE.NANTS. Bortowu avert Lender lankier covenant raid age!! i{S'f~ ~`'` ~ '' <br />Ig. AaveMnUra: Retatadfas. F:aapl es provMd to paragraph IT tterawl, apOn Bastrewer'a bnari OI eery eogarM « agsarmar of <br />Bstrrowu V Ih4 Decd d Trust, iaciMiag the coveaaa4 to pay with Ir u7 soar secaeed h tiY Dsesd of Tttlrl, Leader prMr 10 aa9laatlaa <br />slay Carl twtiae to Barlawer r provided f• ptragrapi t1 isrrel spatifyMtg: (1) vie irrari; 121 liv acuaa squiwd to tare nerd ltsarh; O- a <br />dose. sal ter IW Jb days /roe lie dale of trice is rtaailyd to Borrower, by wi1H stub isaaeY satsA k curd: sad N- tier( /aYre p case sari <br />h.psi a « ieta.e err derv yrdM m tie .eta w resrl is tltcreruioa of vie samf twcarrd h tics Dtad or Trtrt affil ink at tie ~S+/er4. <br />1'ie retedee ,iaY rttrlier ialaem Brower err tie right ro nirlar a/w trccels.doa sad lir rlgFtt /o Ming .coon ttcnw to aver/ lie ear <br />eairleare oI • defasth «aay aitr de/ere of B«rowe a atxdentfa. ud sale. Ir tie Me.ri r wl rued a. «M/Ore tM Ylt sprdllsd lu tie <br />tsonce, LratMr W l.eader'a aplba err) declare aY of tie amens etscarrd by tiY Dad of Trtsa w k IattaaedWely doe sad MyaNe wiliaal Isrrlier <br />dtepaad rail ray iavaie lie power of sale sad eery otYt rettaedMs pttresitted by NYBm• bw. (.ever aiaY 4 etW Wd r coyer atl naaraaik <br />cow sad espeaesa facartsd m ptirsalag tie remedies provldN u tW paryrapi -a, frMdYig. bat sot Ymiled w, reaaoaaMe altaney'e var. <br />11 tie ewer of sale is hvaiad, Twre stall second • wtice of delaul la tact coaaq u wild tie Properly « soar parr Iieraol b len4d <br />ttV salt rah topic of aac- wove r t4 sraaer preecrHed -: pplkaik taw to Borrower sad l0 14 otMr perlttr paetriied h <br />taw. Attar t4 tttpae of tract time r essay M rgaMrd h appYtaile law. Trwata flay give paNk stories ar pis r tie peraor astd la Ile arum <br />areaerOrd h apBpiir law. True. wNirtil Mmaad a Borrower, stall sell t4 Properly a ptNYc aacoaa to fir iyips iriiier al tie tine <br />sad place eat/ cads tie tsresr dsaipaled b lie aatla at sale it oat « rwe parca(s sad f. sar- order ra Truer eery deterttair. Terlre vary <br />peerpoae sale et till « W parcel of tie Propesq iy ptiNk aaaaaacenreat a t-e dese arM p4ct of uy prcv{oaely ecirdaled sale. (.ceder « <br />laafer'a Mrgnat esay Nrtire cis hapetty at uy plc. <br />Upw sacaipl al pgreat at tit prig trW, TrrW clay ddrver In tie parciart frtsstee's deed swareyW 14 PreptrtY .old. 71e reeirY b <br />Ne Tsaarl's dad aW M prima rstGe evideate or 14 trori of t4 alrlemear rteade tiereia. Trrta slay appq tie proceeds d tie pie h tie <br />frleteiag olds: (4 w dl eeaaaaaMs coals sad eyerp or tie pie, iadtsdlitg, bat rot lieslyd tw Tewta"a /era of as [cure Wes .. _ ay <br />of tie grans sale poles, rstttwaaile urrry'e leer ud tour of tlde tvidewce; tit to rg enters etetrred by [W heed or treat: erred lei tie enterers. 1t <br />my. to tie perara a peraera legaB! eaUYed tMrNO. <br />19, B«rarar'a BiBit to l4iaatrR. Nutwnhatanitrrta 1 etultr~> aueter ai ~.m ..: thr wens ,ecured by this pert v1 I;mt, Itcv n~wei hall hart <br />eke regdu ur Ira vt any pe cxzeritngs tun by i exciter as enfant this tlQed „! 7 retst at>s,xaamus i a¢ erns atmr pno~ :o rfte ei:aet c.+,ns yr .d to ant <br />rrftrr r5i~y kaafrue [too srle a; tEw F"roprn} prrtauani an t~ Ix?wts of sale urm~ncd ea thss f)exai of trust .r tau em r. at a tudamen; nd,n nna ik~, <br />(had €d **ernt re Ka} Borrower tw}'s tender ell gums whkh w~*vid to then our +„tiwita t7.r, i>mt ,~f i,uri. ~. he ~..rae au.l ii,w rr '.r. uitna i,ii u~c <br />