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83002829
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83002829
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Last modified
11/19/2008 12:47:54 PM
Creation date
11/19/2008 12:47:53 PM
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DEEDS
Inst Number
83002829
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<br />83- 002829 <br />... ~qdeL The proceeds Dr any award or claim for damages. direct orconsequemial. in connectIon WIth any <br />cOndemlJatioQorol:be:r taking of the Property, or paTt thereof, ar for conveyance in lieu of conde.t'Ilnation, are hereby assigned <br />and :shall be ~itol.e1lder; <br />ill the event of atoCal taking of the Property, the proceeds shaH be applied to the sums secured by this Deed of. Trust,. <br />with the" '0 11:\ Bol"rower. In tbe event of <it partial taking of the Property, unless Borrower and Lender <br />ot '..... .. tberesbali he applied to the sums secured by this Deed of Trost suclt proportion of the proceeds <br />as is equal to .tfurtFQportion which tbeamount of the sums secured by this Deed of Trust immedialelyprior to. the date of <br />taltjagbe:ari;;to tbefairmarli:et"~ue of the Property immediately prior to the dace of taking. with the balance oithe proceeds <br />jd.ro~. . . <br />is abandoned bv BO'ltOwer. or if. atter noticebv Ll.'l'1:der to Borrower that the eondemnor .offi:rs to make <br />a <:lailnfor damages, Borrower. fails w respona'1.o Lender within 30 days after the date such notice is <br />,.. 1I,utl:Wrizedto ~k:ct and apply the pJoc~. at Lender'sopIion, either to restoration or repair oftfu}: <br />p~ J>notfrelmmll :!ecured.by this 'Deed or Trost, <br />UQiatlA:lil!'ilsrand ',. <br />or~tpcml theel~ <br />sU_..',: i~U~~ <br />1fl. ~.. NotR~ Extwsk'n of the lime for f:rayment or modification of lU1'lnrtizationof tne $umssecuretl <br />Lender In ;m.y~es~f in i.Merest ()f Borr1:>WefSnll.llnot opC',vate to rele~llle, inany.manner; <br />. 8orrnwe'f's in interest Lender shall nOl be required tocommen<::e <br />In e,ll:ten<:l plilyrnenl or olherwis.e modify amortizlltion of l.ne sums <br />anY demflnd fhe BOfl'l1wer's sllccessOrs!n inleresl: <br />. rightorremedvherellnrler.or <br />of" such riiht !!rremedy. <br />Llellder ~hlilJl be a waiver of Lender's <br /> <br /> <br /> <br />~uch applicliltiofl of proceeds to principal shail not extend <br />in paragraphs 1 l;nei 2 heroof or change the amount of <br /> <br /> <br />are di$lll)~;1 a.oct l.'umtdall'r"" !o an'.' other <br />may be ('xerc/sed coucu:rfently, ' or <br /> <br />herein <br /> <br />at rUe lime <br /> <br />ii~iCC~~hY,r;:Hic~n ;--J{;;J;:'.{)fd4.tlce with <br />mf..~ d2ttt';f the n<'H:_~ce rt~iluled \li"'lfhin <br />the eX._oiiation c:.r tt;,m:h fH::;:rf.O{C <br />par~~,.rI1l ph f herco-f" <br /> <br /> <br /> 1 <br /> I <br />,()~< J <br /> i <br /> ~ <br /> ! <br /> ! ! <br /> j <br /> 1 <br /> I <br />
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