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<br />ts.j_\}U~)UdU <br />~<L. <br /> <br />83-002708 <br /> <br />9'. Ceudlallmtdoa. The procee{Js of any "ward or d;ll1m for damages. d're'.:r or consequentia!. in c<mnection with any <br />condemnation or either talking of the Property, or part lbereoL or for conveyance in lieu ('f condemnation. are hereby assIgned <br />and sball be paMil to LetldeT, <br />In the event O!f a tOliallaking of the Property. the proceeds ~hall be applied to the sums secured by this Deed of Trost, <br />with the excess. if any, paid to. Borrower. In the even.t ,~f ;l partial taking of the Property. unless Borrowe: and Lender <br />otherwise agree in writing. then: shall be applied to the sums secured by this Deed of Trust such proportion or the proceed~ <br />as is equal 10 thai! proportion which tOe amount of the sums secured by Ihis Deed of Trust immediately prior to the date ot <br />taking bears to tbe fair marlcet value of the Property Immediately prior to the date of taking. with the balance of the proceeds <br />paid 10 ~. <br />If the Pn:\pe1rty !sabandoned by Borrower, or if. after notke by Lender to B.oT!"o"''er t..'lat the condemnor offers to m~e <br />an award or settle a claim for damages. Borrower tails 10 respond to Lender within 30 days after the date such notice IS <br />mailed, Lender is autoorized !.o co!lect and apply the proceeds. at Lender's option. either to restoration or repair of the <br />Proj'lerty ar to the sums secured by tbis Deed of Trust. <br />Unless tender and !Borrower ~~se agree io wntmg, any such application of proceeds to principal shall not extend <br />or postpone the due aat., of tile monthly installments referred 10 in paragraphs I and 2 hereof or change the amount of <br />sooh .il'lll'tallmena <br />10. hn'OW!!I' Not Released. E)crensi<.)n of the lime for paymclll or modilkalion of amortization of the s\lms secured <br />hy lhi&[)eedof Trnst granted by Lender to an)' soocessor in interest "i Borrower shall no! operate to release. in any mantlcr, <br />lheliabiIily of the original &rrower and Borrower's successor;; in interes!. Lender shall nor be required t() commence <br />proceedings agains! $l!l:h Su<:.ceS!lCfT (). refuse to extend I,me for p;1ymen! Or olherv;'ise modify amortization of the sums <br />secl.l.Ted by tbis Deed "f Tmsf bv reason of an" demand made bv Ihe orlgin;!l Hnrwwer and Borrower's su<:ce$Sors in imeresl. <br />J 1. 'F()~t: 0'" Le~ Notia Wlliv~r. Any fori:>e'lxlu,.ce by 1~";.l'Ider. in~1'(en:ising any right o-rremedy hereunder, or <br />otf!etwise<ll'fordedby applicable law. shaH not be " waiver of ,)[ p'recIude lhe exer<:ise of snch right or remedy. <br />.The !ll'l::!!:)urenl.enr ofin.wf1iin.aJ or the of taxes O! [iens or Lender shall he a waiver of Lender's <br />rismt to accelerate t!:le lTllItlurity' of ""cured this De<:d of <br />t~ .Re~fl (;lil.ndaUft, .AU J!1 o..,"Cd of Trust are and eunmlative 10 any other right <br />O!' r~y under thill. Deed of Trust hv iaw or equny, lWU may be exercised ,.onCllTl'e';"1l.ly. independently or <br />su<:~eiY ' <br />13. Sw.,~ and A~ Bomtd; 3eiftt ",1M $event! Liability; Captions. TIle <>oven:m:s and agreements herein <br />contained ,sn\lll! and tbe n~h:15 hereunder '\haH innn' to. !.hc $tlcces.,>ors and of Lendcr and Borrower. <br />subject 10 the I hcn:>t~f ,"Ill COvel"llll1lS ;,,,reemC!l!$ of Borrower he loim and severaL <br />aphs tnt, Deed 01 fmsl are for CmWellll:llCe only and are nO! to be used to <br /> <br /> <br />w'i!h <br /> <br /> <br />