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<br />83-004009
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<br />9. Condemn"ion. The proceeds of any award or claim for damages. direct or consequential, in connection with any
<br />condemDalion or olher takiDg of Ihe Property, or parllhereof. or for conveyance in lieu of condemnation. are hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a lotallaking of tho 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 evenl of a partial taking of the Property. unless Borrower and Lender
<br />olherwiseagree in writing. there shall be applied to the sums secured by this Deed of Trust such proportion of Ihe proceeds
<br />.s is equal 10 that proportion which the amounl of the sums secured by this Deed of Trust immediately prior to the dale of
<br />laking bears 10 the fair market value of Ihe Property immediately prior to the date of taking. wilh the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower thatlhe condemnor offers 10 make
<br />an award Of settle a claim for damages, Borrower fails to respond 10 Lender within 30 days after the date such notice is
<br />mailed. Lender is authorized to collecl and apply the proceeds, at Lender's option. either to restoration or repair of lhe
<br />Property or 10 the sums secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in wriling, any such application of proceeds to principal shall not extend
<br />or peslpone Ihe due date of the monthly installments referred 10 in paragraphs I and 2 hereof or change the amount of
<br />such installments.
<br />10. Borrower Not Released. Extension of the time for payment or modification of amortization 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 liabilit-y of the original Borrower and Borrower's successors in intereSL 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 demanlJ made by the original Borrower and Borrower's successors in inlerest.
<br />11. Forbearance by Lender Nol a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder. or
<br />otherwise' afforded 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 payment of taxe.'\i or other liens or charges by Lender shaH not be a waiver of Lenderls
<br />rigbt to accelerate lhe maturity of the indebtedness sccured by this Deed of TruSL
<br />12.. Remedies Cumulativr~ AU remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by law or equity. and may be exercised concurrently. independently or
<br />successively.
<br />13. Sucerssors and Assigns Bound; Joint and Severtll Lbtbility; Caplions. The covenants and agreements herein
<br />contained shalt bind. and the rights hereunder Sohal! inure to, rhe respective successors and assigns of Lender and Borrower.
<br />subject to the provisions of paragraph 17 hereof. ~1! covenants. and agreements of Borrower s.hall be joint and several.
<br />The captions and headings of the paragraphs of thiS Deed of Trust arc for conventence only and are nor to be used to
<br />interpret or detlne the provisions hereof.
<br />14e Nodce. Except for any notice reqUITed un~er applicable law to he given 111 another .manner, (a) any notice to
<br />Borrower provided lor in this Deed of Trust shall be gwen by matting s.uch ntltice hy certified mall addressed to Borrower at
<br />the Property Address or at such mber address as Borrower may designate hy norice to Lender as provided herein. and
<br />(b) any notice to Lender shall be given hy certified mail. return receIpt requested, to Lcnder's address stated herein or to
<br />such other address as Lender may designate by notice to Borrower as provided herein. Any notke provided for in this
<br />Deed of Trust shaH be deemed to have been given 10 Borrower or Lender when given in the manner des.ignated herein.
<br />IS. Uniform Deed of Trust; Gun-rBi.. Law; Se..~rabiJity. rhi.., form of deed of tru~t combines uniform covenants for
<br />national use and nonwun.iform. covenants with limited vanaUons. hy Junsdlcrit.)O h' constitute a uniform security instrument
<br />covering real propeny. This Deed of Trust ,hall be governed hv thc law of the lu",dictlon 10 which the Property is located.
<br />In the event that any provision or clause of this. Deed or Trust Of [he Note clmllicrs with applicable law, such_ conflict ,shall
<br />not aftcct other provisions of this Deed f}f Trust or the Note whIch c~n be gIven effect Without the conRictmg prOVision.
<br />and 10 this end the provisions of the: Deed of Trust and the Note are ttedared to he $cverable.
<br />J6.- ~s Copy. Borrowc-r shall he furOl~hed a L,,'(\ntormcd t.:opy of tht' Note and of this Deed of Trusl at the time
<br />of execution or afler recordation hereof.
<br />11. Tr.-ferof the Property; A...aption. If all or an~- part o{ the Property or ~tn interest theremls sold Of transferred
<br />by Borrower without Lender's prior wnlten consent. c_\dudtn~ \ ~t) the .crcatlon of ;l lien or cnt;urnbrance subordinate, to
<br />this Deed of Trust~ (b) thecreataon of a purchase money ..ecunty mtcrest tor household J1ppitanc~. Ie) a lransfer hy devls,c,
<br />~nl or hy operation of taw upon the death of .. tomt tenam or I d) rhe grant llt any leasehold Interest of three years or le~~
<br />not cont:aiomg an option to puf~hase. Lender may, at 1 cn.d-cr.... l.)ptllll1, J~dan~ .Ill ihe )urn$ ~ccun:d hy thiS Deed ot TruSI to he
<br />immet1iatcly due and payable. Lender ,hail have W.UVN ~uf,;h optIon to accelerate d. prior to the sale or transfer, Lender
<br />and lhe penon to whom the ProperlY IS t(\ be 5\lld llr tran~ferrcd ,-each agn:emem '" wnting lhat the credit of sUl,,:h person
<br />lS sat-isla~tory to Lcnde-r and that 1M intern! p';lyanle ~:~m the ~Ufn~ ,,~.:urcd by thIS Deed ot Trust shall be ,It such rate 3\
<br />Lender shall requ<<t, If l...en\kr has wiuved the optu:m to accelerate pro>riued In lhl~ paragraph I"J. .tnd If Borrower.:o. successor
<br />in mtue51 hn executed a Wntten as-\umption agreement al......'('flied !fl wnhnR hv L\,:ll(Jer. Lender shall release: B(.lrrower from
<br />all,mliplion, under th.. Deed o! Trust .nd the Note.
<br />[f Lender exercises :iuch optlon w accclerat~. 1 t't1Jer \h,tll mall ROfl'(1Yocr noHce (1f an.:c1erallon to i.1l.:..:ordance with
<br />paragraph 14 bc-n:oL Such notlli..-'C shaH prOVide a per.IOJ l~t IH't !t'i.'l\ than W day); If\Hll the d~tll~ the notice is mailed withm
<br />which Bvrrower mil)' pa)' the sum:;, dedarw Juc. H a....-.\fww~r tllh I,) p.t\ :'ow.:h \\Jrn~ pn(lf t:< the explratiun of such pt:f1t'ld.
<br />Lender may. WltOO\1t furtMr flQllCe or demalld "it HOfll)Wet. In\'\l~C an) n:l'llt'1.1,~ permifted t,y pa(~graph IR hereof.
<br />NON-Uf'lUFO~M ('O\'fNAN I-~, Borrower anJ Lender ftlf1hcJ l.:uven,Hlt ~lnJ ,Igf\~ a., (QllnwSc
<br />18. Ac<el<!rtlliou; Remfllie>. t:..ept.., pfUvido<l in ....."I..ph 17 h.....ol, up..n B........"'.r'. b....lK'b of any ,'o_en"". or
<br />lIll-_t of 80m...... in .hi!; 1><<<1 of T....I. ind..dina Ih. <o_.n"".. I.. P.Y ,,'h.n due. .ny .u_ secured by Ihis need
<br />of Tnost, l.mdft prior It. ac<e1eration >hall mail noli<< 10 B...."'w.. .. prn,id.cI in _rapb 14 he..of .""dfylna: (1) Ih.
<br />......h, (2) the lK'lion ,eq,.;..... I.. <u.... such b.....h, (3) a dat~. nOl ..... I....n .10 day. from Ih. dale the notice is malled to
<br />Borrower, by wlll<:h .IKh IN-e.....h 1ft.... "" .Uf'OcI, and (4) t....1 failur. tn cure ,u<h breach on 01 ""fo... the da.e .pecified
<br />In tile ....Ib may fl!Olllt in ac<:e1e..lion of the son.. ..,'ur'" by Ihi!; l>ftd of 'fnost ...d ..,~ uf the p.......rty. Tbe noll<:e
<br />\baU fttl1~r iafOl'm Bo..row-u of t'be richl Itl ",im1at~ after a("t.'t'4eratioo aud 1M ri<<hr to brill2 a ("OUr( actiun to IlSSert
<br />the _~ of . default or any Olh<< def._ "f BorfU"~f '0 ,,<<"ration and saI.. If the bre..h is not cured
<br />(1ft .... bel.... lhe date specill'" in the nolice. I",nder a. Lender'. oplion may declare all of lh. sum. _..red by this I>ftd
<br />of Tnost to "" ""-diat"y cI... .nd payable ..ith"", furlher demand and may i...oI<. lh. po...e, of .aIe and any Olher rem"'i""
<br />pN1fIittetl by appliclobie Ia.... l""""r shalf he "nlitlecl to .olle<:l all re....nable cos.. and "''''''''''''' inconed in pursuine th.
<br />r.......... "".ided ill Ibis ,........... 18. 1""I""'na, b1R _ limit'" to. reasonable attorney', f....
<br />If floe power of ..,., k ill'oked, 'I......"" shall ",,'on/ a nofie. of default in e..1t coullty in wbich lhe Properly or some
<br />part thereof ill .......... and ohaIl mall cople> of _11 oofic. in 'M man...r ......""ribed by applicable law 10 Borrow., and 10 Ih.
<br />nlloer"......... ,.....,ribed by 1lpf>Iica/Jle law. Afl,.. th.1:apw of su<" li_ "" ...ay' "" required by .pplicable law. T.......e .ball
<br />Ii". plOWk: """1<:. of ..,., 10 IIle ".,...,.. and in tM manuer pr...ribed by .pplicllbie la... T.....I.., ..it....ot demalld 011
<br />.........er. "'-DeU I"" Prupeny .. pnbIk ....Iion 10 tM hiehnl bidder" the ti_ and pl",,, alld under the t<ll'" dnignat.cI
<br />Ia u.e~ of..... in ..... or _ .......... and in .uch order .. Trustff ....y cle..rml.ne. Tro..ee may poIilpuue sal. of all
<br />.... ..,. ..-.. of tile ........rty by pobik _ne._nl at the time .od place of any pr..iuu..ty ...bedulecl ...Ie. I..nder or
<br />~ .,-,,-II1II)' pun:lIase tile p.......rty at ....y ......
<br />\'- __ of pay_ of t"" pric. bW. T........ .h.u delh., In Ihe porchaKr n..."".'. deed con.eying the Property
<br />ooIot. 'tItt. redIlIis in the T........,.. """" shalf he prima facie ..HIe.... of t"" lrulll ..f .he .tal"D"'O" mad. th.lOin. T........
<br />oW ~ tile -... of 1M oaIe in tlM f......"'f order: (a) to all ..._nable ...... aod .."...... Df lite ...Ie, indudinc. bot
<br />.... ~..... 1'_', f_ of nol "'un I...... _, ~. Q., .... % 01 tile ~ ..Ie pric.. ,......,nable altome)", 1_ and ....... of
<br />- ......"llll)lO aD_ _ond I>y Ibis l~ of -rmst; and l<l tile ex<..... if any. to 'h. ""r..... or P<'rsons /epIIy entllled
<br />t/le.IW.
<br />I.'.. -~~rl' JtilJ,lt to Jl*,-att... NOI*-it!1standing Lcnder\ accrlcra.tl,I.)O ~~f lhe ~Hllh !>.c,\;u((~d by (ht'" Deed of '1 ftI"'!.
<br />8of~f' ~aU n..\"C the- ti-tthl to h~vc any pfOt'eeum,'!!. begun by Lentk-J' h) cHfOH:t.' {hj, l)e~d oj Tnlst di~cnl1tln\Jcd ,H
<br />~l\yJ~ print t<:H~ catlier to -iX"t:,Uf ,01- tH we fifth -JaJ befo--rt lhe ule of the P~QPCri, p.ufs.1:.\anl to the p~lwcr of ;\.~k ~OtlUHlli'J
<br />111 thit~,\)f 1 rust Of {if' t'ouy llf a Judgment ltn/o:r,,:.illg thi'\ r~d of Tn.t\t d: (1..\) BO-l fo....cr ~H\P !J:ni!cr aU ~um!l- \'vlu\:h Wt)\Ih.i
<br />~thcn_ d-ue \,)~ttut r~c4 ~)-r Itl,l~l. the: Noti' and notes $(";,;urmg f'tJh,lfC ,'\dl.:ii1Ke~_. If ;;f(\L h.iHl n(~ ,li.~Cdefatll.!U \~:I;,urH~J.
<br />(h) ,Botn)w~.r Clctlh "U brc.d4,:.~ (,.'It '_ny ~~hc.l i,:n'ttnanh. iJr ag_r.;-etnet1t't (II H-nrru\\'t'I ;.;ont.atnc~f lJ\ :tw; Deed ni 1 fU"t.
<br />fel ~tl gny'l _~t re~kn~ (;\pe_~ mi.'ulftd by_ _~_-~e-!Hicf Oltld Tf:t_'lb:e, oW' -:nh.-\ft'Hlil: ih~ ~,Qh:~Hlnb J.nJ agrt.'-\.",rnenr~ ~\-t
<br />8w~t,,(,:l(!.~;.m<<d- tn_fhi$ DE,'t4_!Jt Trust: ,311-'1) jn t:n({:t,,,ms. L~f\\k-f'i and tnl'ilt"C._" !"~nl-t-.,jh.~-\ j... Ph..lvtdctl m p.uas;rap:l I~
<br />~~ _i~nj~ but 1U;-4 hft:>>te4 10, !'Cil-w-tWhlc" ~tt{1f~)'\ I:ec~~ ~lod (dllk'fHNo"('f Ldic~ 'l.iKh J4dwn ~:-; f,end-el, rn.,,,, H!a~til,lbi\:
<br />f~ff~_t9_ ~ff ~~. t~ hen,- 01 thi$ ~ (~t f'rulf, t_t-fide.r'" UUe-f~' Ul ~h('. l~rop(:r;~ ~UlU Hnnowc(\ dt~tJt:ath)n li~ p.l\
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