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<br />83-003662
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<br />9, Condemnatitm, The proceeds of any award or claim for damages, direct or consequential, in connection wit~ any
<br />condemnation or other taking of the Property, or part thereof. or for conveyance in lieu of condemnation, arc hereby assIgned
<br />and shall be paid to Lender,
<br />III the eventof a total taking of the Property, the proceeds shall be applied to the sums secured by this Deed of Trust,
<br />with the excess, if any, paid to Borrower, In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Deed of Trust such proportion of the proceeds
<br />asisequaHo that proportion which the amount of the sums. secured by this Deed of Trust immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paidt() BOf'l"()wer,
<br />Uthe Pl'opertyis abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed. Lender is; authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair 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 rete.rred to in paragra.phs I and 2 hereof or change the amount of
<br />sllch installments,
<br />10. Borrower Not Released. Extension of the time for payment or modification of amortization of the slims secured
<br />hy this Deed of Trust granted by Lender to anv successor in interest of Borrower shall not 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 sllccessor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secllred ,by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />U. Fodll!amnce by Lender Not a Waiver, Any forbearance by Lender in exercising any right or remedy hereunder., or
<br />tnhc'rwise afforded by applicable law. shall not be a waiver of or precl.lIdc the exercist: of any such right or remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelenatj~ the maturity of the indebtedness secured by this Deed of Trust. ,
<br />12. Remj!dln Cumulative. All remedies provided in this Deed of Trust are distinct and cumulative to any olher fight
<br />or remedy und,er this Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />successively,
<br />13. Su('cessors and Assign.~ Bound: Joint and Se\'eral Liability; Caplions. The covenants and agreements herein
<br />conlained shall bind, and the righls hereundcr shall inure "', Ihe respective successors and assigns of Lender and Borrower.
<br />subj,eet 10 the pl'<)visicms of paragraph ! 7 hereol. All covenants and agreements of Borrower shall be joim and several.
<br />The captions and headings of the paragraphs of lhis Deed of Trus: itrc for convenience onl\' and are not to he lISed to
<br />interpret or de.lin,e the provisions hereof,
<br />14. Nolke. Exce:pt for any not.ce reqUIred under applicable law [,1 he givt:n '" another manner, (;ll itny notice to
<br />Borrower provided for in this Deed of Trust shall be given by mailing such notice hy certiHed mail addressed 10 Borrower at
<br />the Property Address or at slIch other address as Borrower il'l:!Y deSignate by nonce tn I.ender as provided herein, ;tnd
<br />< h I :my notice to Lender shall be given by ('cnined mall. return receipt requested. w Lender's address staled herem or w
<br />slIch other llddin::llS as lI.ender may desIgnate by notIce 10 Borrower 'l\ proVIded herem. Any nOllce provided for in this
<br />t:>eod of Tn1$lshllll he deemed (0 have been glVt~n to Horn'wer Dr lcnder whell given ill the manner designated herem
<br />IS. Uoif(!'1'II1I DHd of Trost; Go"~rlllnR I.aw: s..-~erabillty. TIll'; form "I dct'd ot IrUSl comhmes unJlorm ,"VenUl'lI\ for
<br />nillHlnal use und non,uniform ,'ovenanlS with lin1lled vari:uiom. lunsd,cl.ont(l con"tltute a untform secunt\' Hlstrumenl
<br />"'ov~'ring real plOperl\' 'O,ls Deed ()! Trusl sh:ill he governed h law <'I lhc .Iumthcllon in wllldl the Properi\' " h','aied
<br />In Ihe event Ihlll .riny prOVISIOn or clause thIS Deed 01 Trust "I' ih(~ ,""ole nllllJlc'!, wllh appiicahle law, sll\:h ,'IBIIlIet sh;,11
<br />fh,uatlect otJ~f fU.tWiSNlfl~ (11 this Dcet! .. 'l"r,ustnr the Note whn:h CUl j'H.: cHcct WHh(Ju~ thi: {:(lntH!"'~llJ]g pro\'l'llon.
<br />;md to IhlS end thc pHWI~WtlS o! the l)ew o! !'rUM ;wt! lhe Now ,He h' be 'ievcmble.
<br />16.B4l'rtI'..'~r'~ OItP}'. Ik1rmwersII;Ill he IUrlHshed " c'olllmm~d "'P~ 1!1<: NOI~ ;md (11 this lJ,~~d
<br />of e,~eeUlJ(Jn 01 "Uer '~Cocdllll"n !lecool.
<br />n. l'..-f~r of Itl" Propc>ny; A_mpfion, 11' all ,i'
<br />b) florfower w1lt!l(mt l.l:nder's Pi"\! Wlllhm (,'mClll,
<br />IllI> Deed ill Tl1lIcsl. 'hi lhe <:reaIIO!l 01 ,",Olle\ ''''CIHlh '1lIel",1
<br />,fe:s;:ent m h~' ol!lelal,()Il "I law .he of" !"HlI l\:n:HlI 0:' i d 1 Ih,'
<br />aot ~:Ot:u~unH'lg ~tn OPUOlll ~o L(~fh,ier n'u1~ .H j1.,~Kh>1c('\ t:plwm,
<br />HlllllrC..hah:I}' due ,fwd ,Il'lll h,l' <: "" "cd
<br />imd 1helJ<:l",m to whom " h<.~ ",i,J
<br />is s;i1islll~I(lry 10 Lcnde';md th,,; 1I1Ien:~1
<br />Lemler snall're.illlll:SL Ii Lender has "''''''cd lhc
<br />1~llef~1 h,,~ ,..\.::.:,uoo ;, WOllen ~"'Sumph(H1
<br />,],hll811"j)ll, ulldcr lhis De.:J ,,( Tms! :HI..!
<br />Utcndcr \~:'I;ef'rC.ses '\uiCh h, ,hajj raad Borr~)Yk('r nOll((,: ;:if ~tJ:..~..'l".~jcr~fHHI ;JL('~lrJ;lHi,;'t: \:i.'.Ilh
<br />ll..ralllllpb 14 ben:oL Such shall a "'" lhan ,ia" 1l"1lI lhe dale the llI,tl"" " :nailed withal
<br />Whh;~h Borr~lIwe1r Oid} pita,} lhe su,u~ Jt:\:~...t.:J due, Luis r\f~\u(:h "MHU" prlt)r (() the C,\pJnHh"lfl, sH~hp\~rk\\l,
<br />Lender mil)', withoul turlller nOli>:... ,,,. dcmand Oil Bon'>''''el, :!Hoke,lIl) lelned"',, pennllled h} paragraph 1 K
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<br />N()!',.r.UsU"O'tM ('OIVE:NANI~, fkui'()\lic;: iUld IJ~nder :unhct '~')vcn,ant and agree H'S #OH(lWS;
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<br />Ill. '\ec.....:nllion; R~",...ue.., f:llC~pt as pr<nided In plIrall,'aph 17 lt~r...of, UpOIl Borro"n\ lI....,a,:b of any "o'eDanl or
<br />~",...ment of Illon'O"",j' in tbis ne..d ()f 'Jrw.I. indudi,,!: llle ,o'cuant, 10 pay wIlen due .illY sum, secur...d by this need
<br />uf lru.\J. Lo:'ndc'r .prior 110 3ccdenuioll ,ball maulIulin' to Burw\\er as prO\ided in paral:rapb lot hereof 'pedfy'inl:: (1) rhe
<br />brel~b; 121 lhe a(,tiou requir..d 10 <'un~ slld\ bread\; l.lI a dale. nOI It~.. Ihan 30 day~ from lbe dale Ihe nolin is mailed to
<br />Bocl'O"er, by whJich such !lrea.1t m...st be ,'ured; and 141 Ihal failure to ,'ure su<:h bread. on or before the date sped/ied
<br />in Ibe 1I0tl((' IIlllljc re~1I111 III acceleration uf Ihe sums secured b~ d,i,s need of Trust and sale of lhe Propert~, The notice
<br />shall! hu1her inform B",rro"er or the ri~ht to r....nslale afler ac('<:!l'lalion and the ri~ht 10 hrint:: a courl ''':11011 10 as\crt
<br />Ihe "on-existence of a or anl other def.,""" of Born",,,,.' '0 :l<",deration and sale. H Ihe breach is !lot cured
<br />on ~'r before the in the "utke, !.ender at Lender's option ma~' dedare all of lhe sums secured "l Ihis n".'tJ
<br />of Trust tu be due and pay'able "Ithoul furlbel demand and may jm oke the po"er ofsale and :....y other remedil",
<br />pemuued by' Lender shall be enliUed to nlllcct aU reasonable {'OSl\ and expenses incurred in pursuing the
<br />reml"llies parag...aph Ill. indudiDll, bllt n",1 limiled 10. reasonable altorne)"s fees,
<br />of salle Is in>oked, Trustee shall record a not in: of ddault ill each COIIDty In "hkh the I'roperty or some
<br />and shall mall copies of such nolice in th.. mann..r pre;;ni~d III applicable law to Borrower and to the
<br />by applicable law. After Ihe lapse of ;;ueh time as may be required by applicable law, Trustce shall
<br />sa!.. to the persons and ill Ibe manner pr..s<:ribed b~ applicabl.. law. TnLstee. without d.'mand on
<br />al public auclioll to Ihe highest bidder at tbe time and place mtd under Ihe terms designated
<br />or more and ill such order as TllIstee may determine, Trustee may pu;!ponc sale of all
<br />flllnoum,ement Ilt lh.. time alld place of any previously scheduled sale, Lender or
<br />at an\' sale,
<br />'[rustce shall deliver to
<br />prima fade e"idence
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<br />fru\t at the tJrllc
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<br />~~f ;~n iOt\:f<:st th~r-cln l' ~ojrJ transft:rrctl
<br />;.\ h~fi (I! :t.~n'tHnl"'f1Ht(:c "ubl,"n,hn~jde h'
<br />j I.~' ;1 lr;ol'\fer b~' l.JE;;'visc,
<br />(I] an\ inh.:JesI ~Jl tht't~t.~ \~,H~ Pf l~ss
<br />the '~unl' Sl;'~~Uf~d bv dHS rkt,;~d P; J ru\[ h{'
<br />{n ~ti.':,-'dt;~fa.,cl! .nnl1( 1 j:'l lh\~ ';.ak~ 4', Lcndcl
<br />rl;.~;j(h ~!gh,~C-Jlh"fH Hi' that ~hc \.:'lCt,j?( fx~~...~}n
<br />the ;",UOl!\ ",;.',,~lJn;:d!tH'" l)c('o IrlllSt )tl~tU twat '\lH.'h r;j1;;:
<br />t\.\ ~h.:~t:h.~r;,HC' provHil,l'd H1 .hh 1 j ~Hldlf B{'):rro\o\'cl'\ ;Ht~,"(~S:Mlj
<br />~h.)t:'Cph;:J n~ '~\ntmg enJl~r ~haB tcJc.!~C BOffOwer 1H1fn
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<br />T.'usll'i:'s d..cd mnveying the Propel'ty
<br />01' th.. slalcuwnls made th.....eiil, Trllstt'C
<br />and C:\C{lCnseS of the sale, incllld.ing, but
<br />attoruev's fees lllldcosts 01' tiUt evidenc'e;
<br />or p..rsolls j..g';uly entitlt:d thereto.
<br />the 5ccufi,:.'d this
<br />of
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