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<br />83- 00379"
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<br />9. t:>4a__ n....-... The proceeds of any award or claim for damages. direct or consequential. in connection with any
<br />condemnalloo or olher Ullting of the Property, or part tbereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the_t ofa totaIlakiog of the Property. the proceeds shall be applied to the sums secured by this Deed of Trusl.
<br />with the exCClS, if any, paid to Borrower. In the event of a partial taking of tbe Properly, unless Borrower and Lender
<br />otherwise agree in writing, there shan be applied 10 lhe sums secured by tbis Deed of Trust such proportion of tbe proceeds
<br />as is eqtUIl to that proportion whicb the amount of lhe sums secured by this Deed of Trust immedialely prior 10 Ihe date of
<br />laking bears to the fair tnarket value oflhe Property immediately prior t() the date of taking, with tbe balance of tbe proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower. or if. after notice by Lender to Borrower that the condemnor offers to make
<br />an award or ICtt!e a claim for damages, Borrower fail. to respond to Lender within 30 days afler the date such nolice is
<br />mailed, Landor is authorized to coIIeet 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 />Unlels 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 moDlbly installmeots referred to in paragraphs I and 2 hereof or change the amount of
<br />such initaJl_.
<br />II. Borrower Not ReleMed. Extension of tbe time for payment or mndification of amorti,..tion of the sums secured
<br />by this :Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate to release. in any manner.,
<br />the liability of the original Borrower and Borrower's .uccesso", in interesL lender shall not be required to commence
<br />proceedinp apinst such suecesoor or refuse 10 extend time for payment or otherwise modify amortization of the sums
<br />""",red by this Deed of Trus, by rea;on of any demand made bv the original Borrower and Borrower'. successors in interesL
<br />1 I. F............. by LeMler Not . Waiver. Any (",bearanee by lender m exercising any right or remedy hereunder, or
<br />otherwise aJfonled by applieable law. .hall not be a waiver of or preclude tbe exerci.e of any such right or remedy,
<br />The procurement of ins;urance or the payment of tues or other hens or charges hy Lender s.haH not be a waiver of l....ender's
<br />righ'. to accdera,e the matUrity of the indebtedness ",""ured by this Deed o( TfU$t
<br />l:t a.......~, All remedies provided m thIS D.."d "~I Trust ,re distmct and cumulative to any other right
<br />or remedy Uflder this Deed of Tnnt or afforded by law or eqU1ty, and may he exercised concurrently, independently or
<br />.ucccuively,
<br />13. Slott-...... ........... ...11..... Joint ud ~v..... l.labftlty: f..apllo.... The covenants ami agreements herein
<br />contained shaH bind, and the righu hereunder ~han inure h~. lhe respc-(:iIVi: _'StKI,;C.\...\Of5 and assigns of Lender and Borrower.
<br />subject 10 the provisions of paraarapb 1"7 her~of All l.:o\'en.antJoi, and ::igreements. of Borrower "hall he joint and several.
<br />The captions and headinp of the ~rag!'aptu (It' tOt:\> Deed '_"'If Trust Me !Of ;,;oo\'t'men.:e only and ate not to he llsed to
<br />interDl'Ct or defj"" ,be tIfOvislons hereof.
<br />~J~. Natke.. Ex.cttPt for any fiOtic_e requa-cd under ~ppJ:("able law !!~ he gIven 111 another manner. (a:) any notice to
<br />Borrowa- provided f'Or i.o this Deed ot T rutt shail be glv~n hv maihng sU\:h no-hl;C hy ".'t~.rtified mail addressed to Borrower at
<br />the- Ptopert)' Addras O'r .t such -cnhrr addreM as BorrOWtlf may dcslgmue hy nolJce to Lender as provided herem. and
<br />~ h} any notice- to Lender shaJI be' Bl-ven by certified mail, return re-.cetpt rCtluts.t~d. to I.-C'nder's. addre!"S stated herein or to
<br />"udl -other- &ddf'CU. 115 LcodC:r m-ay dtmlJDAle hy fiQUt:e In Borrower as provldeti herem_ Any notice providt.d for in this
<br />Deed of Trust shalf be dtcmed LU hl\----e been given to:'" Borrower or l.e-nder when given in the manner designated he-rein,
<br />15.. U.... DH4 01 T....e; eo.tmf... I..,,; Sco\r.fWbIBty. l1w. form of (teed ,-It trUj:,t c(!mhme-~ Ufuform \';(wen:mts fOf
<br />n.titmaJ t:t!e- and noo"'umform cove-nants. W'un I~mjted Vilft.ltH'I'~ ~, funs.du:Il(""ln hl ct..lll.-\htUle a uniform $ie'Curltv Hlstrum('nt
<br />cover-in, rea.J propeny. Thl$!lffd of Trust -shall he gtl\'t"rned I"'" tht 'hr\,\>- (~I the fUt1sd)("tJou In ......hlch the Property \":.. located
<br />In the event that any provQ'ton or ClAU$C of !hi.) L>crd l.Jt Trus.t t)f tne I'Ol-t cl;mtlH':u \\"llh i.lpphcothle law, slIch umtliel Shilfl
<br />rn)( .ffect Other {Jf{n.'fMO~ uf thit Deed I--.{ Tf~'t ~"'Jr the Note ~'hl,h can he giv~n t',ffect Without {he .:..ulfhctin!! provl~ioll,
<br />and to thi.t.- end tbe ptUVU:lOt16 of tM Deed 01 J nut ",,*od Inc -"'ole MC d.<<.ta~ed tn he s(-\'t::rahle
<br />16. ~ Cep-y,,-,-.IIottower J.haU bet hjfm~hed- 3 conh't-f"n~d l.,\.lPV (If the Nme- ~nd or Ihil Deed of Tru'it al the rime
<br /><>f ClleculjOft or after ~ he""'t
<br />17. -rn..r.. of.... ~i- ~ .. tt a~ U :aU ~f my part nf the P'rf}f'C'r1\ \lr atl interest therein llj >)t.id nr tran~ferred
<br />by ~ without ltnder's prior ~'ntti.'n t,-mKnt, ~u..ludlnt:: i .11 ihe ':f('aH~~tl l.Jf ~ hen O.f t:'nrumhrallce ~llbordjna:e: to
<br />thi. l)eed of Ti"ud. on lbc: t:reauon ttt >! pt...!-..rcha...~ m;;.mey Sc.:~'Uf;t~ IIHeft"1>! h.r hO\DC'nord ~.ppium(,.'e$. i," I .1 IfOln:ite-r by devi\c.
<br />dclcent or by operation of law upon the death of d. 10HH t1:'flaOl ot {d) the .t:r-an! of .Jny lca.senoid interest of thrc:e Vcan ur Ic~!\
<br />twt ,""OM..mot an Crptk1fl to pu-rc.huc. 1 Clxiet ma\', ,it 1 ender'-::\. Hilt,lon, UlX.!ar-e ~-dl the ~wns s<<urtd h\' thts Deed {'If Tru!il II' tx-
<br />-inlltlc$a.td)< due and pay-abkL LCtu:kT ,haH na\'t" \\.&t\-'cd ~och OptU:'H\ 10 lh;arle.nu-t ~L pnof' h1 1M n\le nr tran"'iofer. Lender
<br />",Ad U. penon to: whom the Propert.y is HI he l4.)Jd I,U ~nu)"iftrre-d :'e~;;:h olg.fcc.mem HI wntmg that the nedit of !'tHen penon
<br />i, u-tiifaetOf)' to Lender and that thC- -tnti:1"bt P'dya-hlc <.)-1) the 50m,. tl-c.::urt't.i ~y thi~. Deed oi Tru\,t shill! !)(' at $1.lch rate a~
<br />I ~r \hail teqUCIL If te:ndet hou wa~,,-ed the t.-,ptton hJ .l"i:t.:eknue p.roliHierl .11 Inti puagraph ! 7. and If Born\wer\ successor
<br />Hl iJUemI has e-UladeQ .. wriltt''"- U$W'flplton .,reemcm a'-'l."C:pled In !iI'films. hv L-ernie-r, lender 'ih.aH rcJeasc 8orrowc-r from
<br />all obIiptwns Utldcr 1M Deed <>1 TruoI and tho: 1"0"
<br />lfT~r c~ 1!;.uch I.'lpljon t~) a-ccdeuft:, Lender !.haH n1J;li tiorrnwet U...){I\,,'C ~)t i!~'ceieratl()ft HI lj,c('ordancc with
<br />po.ra.,n.ph 1-'4 hereof. Such nutJ~ 5-haU ptO\'itk a pelK.x.l ,:'t tHJ1 l.\~ 1hn.fl )0 day, Jr-nm 1M date: the no-tice l~ mailed wtthin
<br />wlUch 8orro-.cr may pa)' the SUffI$ decta.tc(1 due:. it BUH'O"'.Cf bil'\. In p-av such. ,unu pr.mr t~\ the C':tplrath,m (If such period,
<br />Lender may, W'ltnout tunher I\'OttcC Ot demand t,)-n &ftt:~Wt:t, l!1vniC' ;,0\ rernedln permitted ~v p<!ra~raph I g hereof.
<br />NON~lftNJf'OkM COVftNANTS. Borrowe, and Ltndef turttJe.r t'tW~n3nt ltnU .ilJTt"'C it:S foUowl:
<br />II. "........tll.t R~ F..Kepl.. I'fl'1'ldM la ........... 17 henol. u'"'" .0............ bfta<h 0' any ('o..unt ,...
<br />-' of ........., ia I" 1}fl4 0' 1....... ,,,ei...... tlIo <0""_ 10 pIIY "'." duo ..y ._ -..rlld bv Uti. I~od
<br />of ........ l.ua.r prior to ~ ..... ...... _. '0 ftorm..., .. p""ided 10 paraer. 1-1 IMrrof ,!,<<If,y1ltJ' 01 'h.
<br />~: U) 1M .... ~ In ...... ._ h...-; !.II . d.... ..01 !no 1_ J{J day. ff1)m ,he dale lhe noti..,. il' malIrd '0
<br />__...... by -1aIrit __ .......,,, _ bo ",...lId; ud 141 ,It.. 1_. 10 ,'UfO .urb lmoMrIl .... or bef_ lhe d.,. """"Ililld
<br />Ia .Iot notiA _ rMfIIt in ............. ", the _ ....urod hy IWl llood 01 In... and ~ of .Ite Pmprrty. The "otir.
<br />.... ,......... W_ ........... of ,lot riCAI 10 ~ .tler ..."drr.'1oft ..mI 'he rlltltt I.. IorlAa .. umrt odlon '0 ....rr
<br />I.... .................. 01 . detatdt Of ...y ....... dd_ .., ~..r ,,, ...~.le<..1on aml~. "tlte brr..h ;. not curod
<br />_ OfIotfOrt 1M tIak sprdfleol itI ,........... lfll6rt: at LendK, opt;ou may li<<lafO aU of tM sum> _lIrod by 'his [I..ed
<br />ofT..... to.... '-edillleI)- dIMl.... pllyaIlIr ..ltltouI flirt.... demand ...." ma,' ia..>k. ..... po...r 01.. and an, "'h.. rotmdlfl
<br />.............. "'.............. .............. bo ........... to eotIrcl aJI ............. ,._ ..." npe_ in.unod in PunuJDll Ih..
<br />~ "...,iIhd It".. JII'I'fIIP&IIIl fa. ~. bur _ Il18Itft I... .......... 1IltvnIcy'. 1__
<br />ff......- ................ '1'_. .... ......n! . mttla of d.,nll 10 .och .ounty in whkh tho I'mpertj or .......
<br />"'" tloult8fit......... .... ..... .... ~. of owlo ....... 1B lbo __ ,-ti11e41 Ity appllealtk ..... 16 lIomn''t"F ud '0 'M
<br />....._ ~.)' ................ A..... ''''1apR ", -* tlmo so ...." .... fflt........ by .ptIIl..... law. r...._ .hatl
<br />p ....." ...... of ... to lloo _ ..... i.. ,... _ I'f""Cribod by applitaItk law. T "",,"e, with..ut demand ..n
<br />........... ........IM .......r5! at ........., """_ '" ,.... h....... itld<I<< .. lhe ti_ ud pi..... and u-. the ....... droittna'.d
<br />III i.... ....... of ... ltt _ Of __ paredI ud In _ ....... .. '1'_ may detff'llritot. Trust.. ....y postpone .... of aJI
<br />.., ...,. ,..,., of... """""y by ....... -.._ at ,.... ,_ :and ....... of .., prfliatniy ."itedaIrG"'. L..nder..r
<br />I........ ........ .., ,...,....IM ''''''''' at ..y ...
<br />L__ ......... ~ of 1M priI.>Illid. T_ !liIaIl detiwr ,,, the. pun:luowr r_', tked ,......ryinll tM l'roprrt)
<br />.......n. ndlals ia IM~'1I. deed:..... bo prima ........ ....ldmtt of tlIr lruth of lhe ..._.. ........ 1twrr1n. Tru_
<br />..........,...."... of IM_.. .... f<tIIuwlaa ....1Ier. (at to all .-.bIr ....... :and ~ 01 the ..., indudlna, but
<br />_ ........... r_'o........ _ ....... ..... '" .... I~ 01 IM.,,- ... priI.>I. ...-... lOlt_ ',,_ and __ of III1r ..idtm'e:
<br />11l1.._--.......lll!Io<dofTntot; ........, Ibe-. Ihny. '" 'M.....-.... ~irplly ...lillrd tItomo.
<br />..... ~.........,........... Nt)twith:tt-attdins t,~tuk~f"~ :i$:~~~ent1k"n vt' fhe -SUn'll \.crufed, t"I.,', !hl"<\ flced o-t T~n'l,
<br />lkw_ *". l>a~ Iltitfilbt '0 l>a.., a"y pt-...l..... ""g"" I>y t,,_ ", ."r.."" rhit! f)e"d ot fn,,' (!,,,,,,,IIIO,,.d 01
<br />"11)'- ~ If> ,.... ~ to <<e:ur of (I) the IIrth day ltd"", ,n" ",Ie <>{ lit., Propeli}' ,,"nuaO! to ,he I'<'w~r ,,' <af. ."."Iamed
<br />ill_Ol!cdm'Th"'M{iilflll~.;ur. ". j'~. . ..unl_i."lI' Inid).flInI Tnl" ,I' I" Borrower ".av. I .".jet.n 'urn' wh,ch ",,,..hi
<br />be .....-._ to'Mkr th-il.De:e4. ol:.TflAil. ,he Note' ",lid ootet ~Hr-Ut. Future Ad\'an~'\, If ff.n~"', h.w rlO ,H7~ei<-rMlon ~\C\:t:lHed.~
<br />{!It ___.._, tdl.~ .I>f. "..y 'llI!er ......"Mt. n,. "8--"" ,,{ Bor_I (oot.i",,<I ,n ,It" (),oed"" Irml:
<br />(~) ~,~ *,!..~-.1~ t~~t~ by L~, aad Tnl~.tO en:itm:lnt ttK; ~'(t\'emun~ and ,agft.'"('men~' "t
<br />~..'(!ft~ in t"" .0ilM. ,,' Tnm_ II> <tnf,,,,,i", t"n<,!er'. ond T","ee', ft"ned~ " 1'",,,<I.'ll m j""a~fal'" I ~
<br />~,~.~ _tllrnlM "', t~ ~'. f_. a",\ ~dlllor_~ I.k.. M",h ""1M'" ., I.,."""r may "..."".hl,
<br />t"~ t-Q..... {bid ,~_ h4kt__ 01 tfus,'~ tit T'i$. t~nde.r.,. ihte.~ m fh(< P"~,f1V ~M 1Jnrro"'~.r'~ ..~bli,.~wn ~t\ p;t\
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