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<br />~ 9.. CcJade.,nation. The proceeds of any award or daim lor damages, direct or consequenl:ial, in conneclion wit~ any
<br />condemnation or otbeT' taking of the Property, or pan thereof. or for conveyance in lieu of condemnation, are hereby asst~
<br />and shall be paid to l.ender.
<br />In the event: of a total taking of the Property. the proceeds shall be applied to the sums secund by this Deed of Trust.
<br />with the exce:5lJ, if any, paid to Borrower. In lhe event of a panial taking of the Propeny, un1essBoITOW'er and Lender
<br />ot:herwise agree in wriling. there shall be applied to the sums secured by this Deed of Trust such proponion of the proceeds
<br />as is equal to~halproponion which lheamount of the sums secured by this Deed of Trust immediately prior to the <late of
<br />taking bears to tile fair market value of lhe Propeny immediately prior 10 the dale of taking. with the balance of the proceeds
<br />paid to Borro\1relr.
<br />If the Property is abandoned by Borrower, or if. after notice by Lender to Borrower that the condemnor offers to !11~e
<br />.an award or sdtle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such .notlce IS
<br />mailed, Lender is authorized to collect and apply the proceeds. at Lender's option, either to restoration or replllr of the
<br />Property or to the sums secured by this Deed of Trust.
<br />Unless Lender and 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 10 in paragraphs I and 2 hereof or change the amount ot
<br />such installments.
<br />10. Bormwer Not Released, Extension of the time for payment or modification of amortization of thC? sums secured
<br />bythisD~of1rrus,t gr~,n!ed by Lender !c~ny st!cces..~or in interest of Borrower shaH no! operate to release~ In any manner~
<br />the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<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. F~rbea:rallCt by I..ender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder. or
<br />otherwiseaffordl~d by applicable law. shall not be a waiver of or preClude the exercise of any such right. or remedy.
<br />The procurement of insurance or the paymenl of taxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the>maturity of the indebtedness secured by this Deed of Trust. .
<br />12. Remedies Cumulative. All remedies provided in this Deed of Trust are distinct and cumulative to any other nght
<br />or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />successively.
<br />U. Successors and Assigns Bound; Joint and Sever.1I Liability; Captions. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure 10, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall be joint and several.
<br />The captions and headings of the paragraphs of this Deed or Trust are for convenience only and are not to be used 10
<br />interpret or define the provisions hereof.
<br />14. Notice. Except for any i10tkc reqUired under .lppilc,lble law 10 be given in another manner, (a) any notice 10
<br />Borrower provided for in this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at
<br />the .Property Address or at such other addr~s as Borrower may designate by notice to Lender as provided herein, and
<br />(b) any notice to Lender shall be given by certi.ied mail, return receipt requested, 10 Lender's address stated herein or to
<br />such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this
<br />Deed of Trust shalibe deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />IS. UnifoTIn Deed of Trnst; GovernillJl taw;. Severabilit,y. This form of deed of Irusl combines uniform covenants for
<br />national use and non-uniform covenants with limited variations bYlurisdicl.ion to constitule II uniftum security instrument
<br />covering real properlY. This Deed of Trust shall he governed by the law of the jurisdiction io which the Property is located,
<br />In the event that any proviskm or clause of this Det'(\ of Trust or the Note conflicts with applicable law, such conflict shall
<br />notalfect other provisions .o( Ihis Deed of Trust or the Note which can be given elfcct wilhout the conllicting proviskm.
<br />and to this end the provisions of Ihe Deed of TruS! alld the NOle ..lre declared to he severable,
<br />16, Borruwer's Copy. Borrower shall be furnIshed a conformed copy of the Note and of this Deed of Trust al the time
<br />of execution or after recordatioll bereof.
<br />17. l1'ansfer of the PnlfH!ny; AllSumptioa, lfail 01 any part of the Property or an interest therein is sold Qr Iransferred
<br />by Borrower witbout. Lender's prior written consent, (;xdudlflll (a) the creation of a lien or encumbrance subordinate 10
<br />Ihis Deed of Trust, (b) the creation o.f a purchase money security interest. lor household appliances, (c) a transfer by devise,
<br />descent or by operationol law upon the death of a joim tel1am or (d) the grant of any leasehold interest of three years or less
<br />notcontainin8 ail optioIl to pu.rchase, I.,cnder may. at Lender's oplion, declare all the sums sl.."Cured by Ihis Deed of TruM 10 he
<br />immediately due"nd payable. Lender shall hilve Willved Sllch optitlnto accelerate if. prior to the sllle or transfer, l.ender
<br />and the persOll 10 whom)he Propefl.y IS 10 be sold or lfallslem:d reach agreement in writing that the credit of such person
<br />is satisfactory to Lentler and that the inlerest payabll: 011 the sums secured by this Deed of Trust shall be at such rale as
<br />Lender shall request. If Lender has waIved the OpllOl1 10 accelt;rale provided ill this Pllmgraph 17, and if Borrower's successor
<br />in intere.~t has executed a wrillen as.sumption agreement 'iccepted ill writing by Lender, Lender shall release Borrower from
<br />allobligaliolls under this Deed of Trust and the Note.
<br />ltLelldercxercises such option to accelerate. Lender ...h,11I mail Borrower notice of acceleration in accordance with
<br />paragraph 14 herooL Such notice shall pro.'.de a pen(ld of not kssthan 30 days from the date the notice is mailed within
<br />which Borrower may pay the sums declared due. If Borrower f;ul.s to pay such SUI1lli prior to lhe expiration of such period,
<br />Lender may. without further notice 01' demand on Borrower, i"'oioke allY remedies permitted by Paragraph 18 hereof
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<br />NON-UN!FORM COvENANTS, Borrower aod Lender lunhe( covenanl and agree a.s follow.'.!:
<br />18. t\ceelc,ratio(l;Rem~ie;l. l':xcept as provided in paragraph 17 hereof, Up<>D Borrowers bJ"_b Qf any COvellaD. or
<br />ag~ement of Bui-rower in this l)eed. of l'nlSt, iocludinl: the coveoaats to pal' when dUe. llUy !lUiUS $e(:u~d try tbili Deed
<br />ofT......!;t,. l.ender prior 10 "'..ce~ration sttJdl 1mIiI. "'"Ike to Borrower as pJ1)videdill f*rll&hIpb14 he~ol5pecifyillg:(1) the
<br />breli4:h; q,ta.:llctiqnuquired to !:ure sUcb bre,lJ4:h; (3) a dillie, not It'Si tha.tt36days fmlD'he dale thenotke l1i mailed 10
<br />1I0(l'owl:r, by ,,'Web .sucb> breach IllUllitbe cured; and (4) .Ibat failQl'e to curesucb .brc;ac-ft 011 Or before the datespecmed
<br />i.tl the llo*el1li1y're;lull in lI("ce~ration of the sUlIIsset:ured by tbis.~.d .of 'fl"Ullt .1UId sale of the &open)'.. The notice
<br />sil~ fUl1her inforlnBllrrower. of tbe right to ",instate :after~l.~k_Wm .aod the. rigbtto .hriltga COlJl1 .c....uto a.gen
<br />tlI.emm..exlsfep,ce of II def~!t or lIlIyotberdefell:l1e 01 Sonower to acceleratioll ami sale. If.the hreacbis not cured
<br />011 ur bef"9re tboe .1~.le spetmediuthe DOtiCe, Lender lit . l..enth:r's ovtion 1Il1l,)' declare aD. of lbe.sums secu~d. by (his Deed
<br />of l'rllSt to bei.fllJllllediately di.te1lf1d ~yabie without furtiler demlUld aadmay l.nv.- tbepowerofsaJe aqd.any other rem.edies
<br />pe.ff\:iittli:d by appliclIblelaw. LenAAf shaIlbeentilkli tu coiled all. reilllSC)lJlI~1e costs .1UIdexpe_im:tmed. In pUl$uing. tbe
<br />re~ie!ipro,\,jded iu. tltis Pa~ lS.. l.ni;l~, bUlJWt limited to, . reasonabiealt!mley's fees.
<br />Ifl~P9'Wer..olsale is in~o,,~d. Trustee s~RCOI"d a Dotice of ddault in .l:acII county in wllkh ..lM PropeI1y !lrwme
<br />AArJtbe~ofisll)e:ated....d libaJIII"JIiiJ a1pk$ of sucb notice in tbe manner prescribed by applicable."w toilotrower lUId t.. the
<br />ot~persollS.preKribed by lillplic~ law, t\ftertlle laps<: of sucll t~ _may be.. fllfJuired by appfkahle law. Trustee shall
<br />~il1-'PIl~t' .lIfl.ti('e of~e 10 the pef'Sl.ltlS4od. in lhe .manlJer prescribed. by applicable. law, Trustee.. without. demand on
<br />~r<<l.",er,~s~!1 thePropel1yatPIl~allc.tioD to the bigbest bidder at the time tlodptan .and .undtr the terlllSdesJ&nattd
<br />in.J~enot.i.c.e. o.rlillJei.U. Olll...II.or.mtml... par. cels....lI.nd i.ns.nch order lIS Trustee .ma. ydetermine. Trustee IIlay po$tpone sale 01 all
<br />Of. . . .... Prof"!ny by .J>>I~icanfJOU.lCellDenl at tbe. tilNe and. place of IlIJr previonsly liCbeduled sale. I.endel 01
<br />t...eode..'1f d4,lS .YPurclla;;e tbe Property at allY sale.
<br />(fpo~ tteept of. JUI,rnteld of tbepriee bid, l'rlUtee shall deliver 10 tile purCba$er TnlStee's deed conveying. tbe Plopeny
<br />sol,t .'fa.:xeci~. in tbe Tmstee's deed .shaJlbe prim.fllCie "..idelJce of tbetrut" of the statemertUi .m.-cJe themn. .'J'ru~;l"e
<br />~~.rl"!; Pl"li~~ed~"fthe .~ln tbe foQowin,: O{d<<: fa) 10 alJI'alSOnabk costs and elCJIC!nses of. the sale, iUCludinc, but
<br />~tJiqJi~to.Tr~~.s fees....r 'lOt UfO""" IlllliJ'J .05 % oftbe liIl"O!ill sale price, reasonable attorney'. f_ and eosts of
<br />~ll'fi~~ (Ill) Uo all !;u~HCu~d ~.Y ... Deed of TrJlSf; and (c) tbe eUe$I, If aay, to the p<eI'5OlI or J)e:11MIns le&aDy entitled
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<br />.'.............1111"'1 RiII".lf' Reinll><<_e, Notwilhst<tlldmgLcllder's a~~celerlltion of Ihe sums 1>C~ured by Ihis Deed of Tru~I,
<br />8Qn'1......~T~hilll hlllvc tM.rigbllo hll"'e IIn)' prlX~dings begU~i by Lender to enfon-:e. this Deed of Tnt!t diS4:lllltmued at
<br />~ny ~Ifife PfitW" tf?IM e,II1fer to (I(.'ctlrpf (t1 the fifth day bef\)H: Ihe sale of tn.: Propen)' pursuant to the power of sale "ontained
<br />l~ 1h.I~Occdof1'flli~t or (Ill cwy "f ajudimenl cn(ox,mg <<Ius r:>etd of Trust,f: fa) Borrower pays Lender alliums wl>1kh w@ld
<br />be tl'lf?"n dll/Z Ilm!e.rlhl~[)eed of Tfl\$l, the NQle lInd tlVleS\if:cilflllll FUllll"!: Advilllces, if any, had no :a.ccelenHion
<br />(b)fJlM~owtr c'utlel\~IIl:ltetICoo. ~lf any Plher .I;o"'cm\nl~ or agr<<:mcnh l,f Borrower confl\i~d in lhti Deed of
<br />(e) BorrQwer plliY~ 1111 u;ilIj!(mable e~pen5e$ IncUfrC'dby tender aod l'wslee in enforcHlll the I.~ov"nl\nt$ and llltrcem,'ml
<br />Bonl:nN~rl:(IDI~irr~;d in tlll~ Det'll of'1'rv51 amI in cn!"f<:mg Lender', and Trustell'l u pmvidtd III puagraph 1 M
<br />l'!JI'!'e(ll. locludlll". but not hm.ted n:lI'lOn",ble.. ft'",. ldl Borruwer take, lIClfon iU Lender may n.'""onllt->!~
<br />teqwtl' I" JII~~Itr1. lihat the hen of Da:...d ()f frUll. '" In.: Propeny "nd D"rrower', obli.aHon !o pll~
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