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<br />83-003838
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<br />9. C..lr ...... The proceeds of any award or claim for damages. direct or consequential. in connection with any
<br />condenmatioD or otber tak:iD. of the Property. or part Ihel'llOf. or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender,
<br />In the event of a lotaI taking of lhe Property. the proceeds shall be applied 10 Ihe sums secured by this Deed of Trusl.
<br />with the excea, if any. paid to Borrower. In Ihe evenl of a partial taking of lhe Property, unless Borrower and Lender
<br />otherwise .gree in writinlt then: shall be applied 10 the sums secured by Ihis Deed of Trusl such proportion of lhe proceeds
<br />as is equal to that proportion whicll tbe amounl of tbe sums secured by Ihis Deed of Trusl immedialely prior to Ihe dale of
<br />IHins bean to the fair market value of lhe Property immedialely prior 10 lhe date of laking. with Ihe balance of Ihe proceeds
<br />paid to Borrower.
<br />If the Property ill abandoned by Borrower, or if. after nOlice by Lender to Borrower that the condemnor offers 10 make
<br />an award or settle a claim for d.""...,., Borrower fails to respond 10 Lender within 30 days afler Ihe dale such nolice is
<br />mailed. Lender is authorimd to collect and apply Ihe pr"""""s, al Lender's oplion. either 10 restoration or repair of the
<br />Property or to the sums seaued. by thls Deed of Trusl.
<br />Unleu Lender and Borrower otherwise agree in writing. any .uch application of proceeds to principal .hall not exlend
<br />or postpOne the due date of the monthly installmenls referred to in puagraph, I and 2 hereof or change Ihe amount of
<br />such inStallments.
<br />'6. .......... Not ReIuoed. Exlension of the time for paymenl or modification of amortization of Ihe .um. secured
<br />by Ibis Deed of Trusl F.aDled by Lender 10 any .=sor in inlerest of Borrower ,hall not operale 10 release, in any manner.
<br />the liabilily of lhe onginal Borrower and Borrower', successors in inlerest. Lender shall not be required 10 commence
<br />proceedinp against such s.occeuor or refl'liC to e~tend time for payment or otherwlse modify amortization of the sums
<br />secured by this Deed of Trust. by reason of .a;ny demand made by the original Borrower and Borrower's successors in interest.
<br />II, F~ by I........ Not. Wafye,. Any forbearance by Lender in exercising any right or remedy hereunder. or
<br />otherwise afforded by applicable law, shall nOI be . waiver of or preclude Ihe exercise of any such right or remedy.
<br />The procurement of insurance or lhe paymeal of tues or other Iiea, or charges by Lender ,hall not be a waiver of Lender's
<br />rialrl to llCCf!lerate lbe maturity of the iadebled""",,ecured by thi, Deed of TrusL
<br />I%. ........ C............... All remedic.. provided in IhlS Deed of TnlSl are dislmcl and cumulative to any other right
<br />or remedy under lhi, Deed of TIlI5I or afforded by law!" equity, and may be exercised concurrentiy. independently or
<br />suc.;esaively.
<br />13, Sa<<--. .... A.Ipa Botmd: Joint .nd Several LIability: Captio.... The covenanls and agreement' herein
<br />,"ootained.shalf bind, and the flgbts he~unde-r s.huH inure If>. the respet:tiye successors and ass.igns of l.ender and Borrower.
<br />.ub~ 10 lbe provisions of paragraph 17 ber"",1 All covenant, and agreement' of Borrower shail be Joint and several.
<br />The captions and beaditJp of the pantgrapbs of rhi~ Deed of Trust are for CHf}Venjence only and are not to he used to
<br />intel'pl'el or define the prO'll~ions hereof,
<br />1"~ N~. En:ept for an)' notice reqUired un~r appl!1,:a~le iaw to he gIven in another manner, (3) any notice It)
<br />Borr_ prw>deG for tn lhi. Deed of Trusl ,hall be gIven by maIling stich nollce by certified mail addressed to Borrower at
<br />the P-ropcrt~ Address or- at such other address .as Irorrowcr ma} designate l1y notice W LetJdc-r as provided her~in. and
<br />(I>) any not..", to Lender sball be given by ""rtitled mail, return ,,,,,-eipt reque.ted. to tender', address .tated berem or to
<br />such other add..... as Lender may delignale by noIJce to Borrower a, proVIded herein, Any notice provided lor in this
<br />f:Jeed -at Truat Ib.a.it be deaned to haye been given to Borrower .or Lender when gtven in the manner designated herem.
<br />15~ UaIfonn DtftI of TtIIlIt; CO'ffl'lllnc La_: M't'e-raWlity. ThiS form of deed of trust e_o:mbine~ uniform coven.anh for
<br />fUltional ute-.'And non.unilonn covenAnts: with hmitcd \'arinlions hy jurisdiction to (:,onsutute a uniform security instrument
<br />CC'iering feal l'fO\'<'fty, Thili Deed 01 TN>! ,hall be ,o'<med bv lbe'jll,. oj the )unsdlCtion in wbich lhe Property i. located.
<br />In thl: event that an)'-pruvmon Of (-lame of (his IJeed (Jf 1 rtlM nr (he .N\.)l~ conflicts with a~plrcahle law. such. conflict shall
<br />not aJf<<t. other proVlikmt- of thn Deed ("if Trust or :hc Note_ whICh c.an he given effect WIthout Ihe -conflicting proviSIOn.
<br />and fQ thll cud the provisiona of tbe Deed oj Tnnr and the Note ate dedared to be ,e,'erable,
<br />16. .......~. Copy.. Borrower .sbaH be furni9hed Ll: conl'ormcd C'OPV pl' th.J;~ Note and. of rhis Deed of Trust af the time
<br />(1{ c~.ecudoo or after ~ :heTeof,
<br />17. T......,... of.... ~f ~ If an Of .any part l.)f the PfO~fty or an interest therein IS s-old Of uan.\ferred
<br />by fI.c;wrower without lAtOdu $ prior wnt1en -(,Cf\"lent, e::\dtkhng {j} the creatIOn of ~ lien ()r encumbrance subordinate: ((l
<br />!his Deed of Trust. (h) the cruiwn of a pu:rehase money secunty in~re:st f~r h~~seh(Jld appliances. t c) a transfer by devise.
<br />~t or O}' operation of law upon the death o-f \1 }Omll-en.nt or fd i rhe gram ~)t any ieueoofd tntere:u of three ye3rs or less
<br />not t.."Ofltainin,.n option to putchue. Lef!dcr may, c.' ~,eodt"r."'ii_ npuou. dfi.'-hue all the ,un" ~ecured by this Deed of Trusl to be
<br />immediately due- and pay.hie_ l,.endt, maIl have waiVed soch oJ"Hon to 3.i.:(:elerntt. if. pnor to rhe sale t~r transfer. Lender
<br />and U",e penon to whom the Pro-perty il to he wid or lnuJiifertl:-d rea-ch llgre-Cmt1lt in writing fhat the credll of such person
<br />i.$ ud$f~1Ofy t-o ttndt'.r and lhit the snttfft-t paya.ble on the \um~ ~cured by ihi, Deed of Trust shall be at such rate El\
<br />~.e~r shall ~1, if Le~ hu wa.tV~ the option to A(:cclera!t!_ prov.ided in this paragraph ~7. and if Borrower's successor
<br />In U1~ bat. ~ed a wnUen ~fU.ptwn a-greemtflt a-captcd in wnw!8- hy under, Lentk:r ,halt rcf-c-a:k Borrower from
<br />aU obli~ under tlli~ Deed of Tt1J$t .od the Note
<br />I!l--ender -t'-xerci:tes- .uc.h option to ~eutc. Lender s-haU mail llorw\1,-c:r no-uce of ~t:c-elerathm in J:1ceordance with
<br />pararrap(t 14 l1erecf. Suclt ootice ,htl.1l pr,mde a pu,,'" of 'k1l I... ,han ](J d,o,. f'om Ihe date lhe notice" mailed within
<br />wbidt Ik>rrower m.y pay the sums dtti-lA::d duc_ II Borrower Lub 10 pay !Oucn wrns prior IV the exp-:ratlOft of $uch penod.
<br />Leader _yo without further notice or demand on Borrower. mv"lc. anv remed,., permitted by paragraph 18 hereof.
<br />N,)N.U NtfOlt'" C0"i2........ llorrower ond Lender lurther covenam and agree "" loll......;
<br />18. A~........... "...,...,....,Idrd III pataCrIlJJIl 17 II_f, ....... IIono"'...... bftuh or ...y eo..nonl or
<br />_, of ~ i.. ,.... Uncl of n_. laducllac 1Iw .0'._ 10 pay whe.. clue any _ _..red by this I>eed
<br />of T-. I....... ....... to ............. .lJIdIlftllIIlMllke t.. Bort...... as '....hied in pa"'llrapll 14 he....f .",e!fylllll' (l) lb.
<br />ItnIttdu 12111w Il<'fiINI ........... 10 "..... ....,Ii brettch; III a dal., _ leoo lhatt JII dayo r ro... the dale tb. notic. is m.lled 10
<br />.......-. by wlokb....... _.. m.... he n.,ed: """ 14Ith.' f....... to "'sre "",b b.....d. Oil or before 'b. dale ,,,,,'llled
<br />in ltle IIOllee _, __I" lO<<deratItHs of I.... _ _..red by Ibi< l)eed of T...... alld .... of lhe Property. The ootit.#oW f......... ""- "'1'0_ of 1Iw ..ht '0 rriMtale afle. ....cderatiost
<br /> and the right t" briOll a coon adloo 10 _rt
<br />,.... _xhCeo<< of " driauk o. .... ttllwr tld...... of Bon".... to ac<eleralioa and...... II Ihe breach ill not ,'"red
<br />.... ...W- ltle ..... ...... in t.... i.etke. I....... lit ,........, optlou ...., declare all of Ibe ....... _"..01 b.f this Deed
<br />of Tnm to .... ~)' d... ...... payaWe ..~ lusUte. cleltlJlBll """ may ;",'"u lhe ,....., "f _ .1Id any other ....m.din
<br />,........,... by ............ la... l~ oltaII he flIddecl to culled all r._RlIble .""" a.... ..pe..... ior"rred in p.......11Ill the
<br />~ pnt....... .. tltil............. ,.. ~ but DOl lIaslled tn, ............ _......,'. f_
<br />II t.... ........uf .. 10 ........... T_ .lJIdI l'KenI a 1Ioll<.... "f lIef_ in each ".......y In ..hkb Ibe Properly or ,,,....
<br />.... ~ Is...................... ........ of -" IIolke in lhe __ ......ribed by appfleable I... to ............ and 10 ,he
<br />........-..-nw by ~..... AI'ltor 1Iw...... of ""'.. ti_.. _y be ""lufred by applkable la.., T........ "'all
<br />t:~=::- ...... 01 .. to t.... ......- """ In tlle _ ....-rihecl by appIkabIe la... 1........... wl,ho..t demaud ....
<br />.. . .........ltle ~ at ....... .....liost to the h~ bIdde, at the tllm ...... pi..... aod "~r lb. I...... d..itw~l.d
<br />lit ltle...... "'"fa _ ..._ pat'ffk...... In ....... ...., "" T........ may cle_. T......e. ",ay ,...!pone uk of all
<br />0I'1II!1Pf!H*lafltle...........,. by ,.....,. --._ at I'" time ...... plate of .ny preyloudy ..hedoled .aIe. teode, or
<br />........... ~..,,..m-.""""""'y.. ""Y'"
<br />i",",.. ......... of ~ of. ..... 'prkebkl, T_..... detl... 10 the pun:hawr Tl'tISNe'. deed ........eylnJt th. Property
<br />..... n....... ltle .~.. ........ be prisloa I\odoo ovideDt:o! of !be lruth of lItr Slal_ RWIe thereio. T......ec
<br />.......,. ......... oIltle..1a ltle ,.........." (a'lD all ~""'" """"" """ ~ of 1Iw oaIe. ineludiug, hot
<br />........... .........7. ...... III _ _... ~ of.1'!\> oflbe..-.... price. ~ ~". r.... ............ of title t'Vid<<sl....;
<br />(l>>lC>lIll____ llY'UUn...hITnost: ......1..' tMU_1f ""'.10 1Iw,.,.... or ~ lopIly ...lIllecllbtmo.
<br />..; ~.. ..fa........., Not,,'IIMt.""'1l under', ,,"cleration III ,he >um< "",,,r.d hy th" Deed <', Tru,l.
<br />.~ olWl.."*>elhe, riJbf '0 hac"""o)' pr""..win.. begun by !.<"fide< to "nfofC"lhio Deed of Trus' (hscontm...ed a'
<br />""Y time I'Tiat '" 1M lW'Iier 10-..(0( IiI the !iHhday before ,be .",Ie 01 ,"" Pt'"perty pu!'Oua'" h' Ihe !,,>w.r ,,( ..Ie c(\OI."",d
<br />...lfoill,~oI' Tftl8l<>l'(ij,fllft')'<>l' a jU<!llment <"I'If..",iog lilt> t'leed 01' Trull Ir, (.. lJorrower pll" Lender all <'101. ".b.<:b w,,,"'1
<br />tie ~_ ~~n..l r!f'Truot. the Ni>lellJ'ld I>{"'" _tln1ft!. FUlUre Adv"""",, ,f any. had no ."""leral..", "'......"d'
<br />fbl ~ ~ llllf>tt#heo l;f llOf ot!ler ,,,,,,,,.naut. or "llre<m>enl. "f Sorrowe. ct>lua,ned H' Ih.. Lleed or '[',,<iI.;
<br />Uf ~ ~ llll "'~ nJl!ll:l'lt<< Incurred by ten<ler. and TfU!<l'" . '" ""forelnll ,he <'OVffl.nt. and 'g,,,e"lC"!< ,,(
<br />~.~ in'h1I:Oftd of' Trlllil..nd 10 e"to"'infll",mlef'~ .nd 1l"tX<<,.,. ....",.,..... a. f"'""led 10 P"B,!.ph .l~
<br />~ i""'~' lllI\ _lil't>llW 10, ~ <Ill-f. (_: ,,>!dId) Dorm""" l.in. ..."" ."Ii"" .. teftdtr m.. ".".'n.Ny
<br />t~k- to ~~- I~ '~ Jfen c-t ,tbil ~-:Q:t -(ftnt, Lmdcr.r-'~ iffle'fe\' H't rht'- P((~ny Jma Bt~'w;-"tt'-S (1-~h~lll!rli1 h~ p~"
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