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<br />I <br /> <br />83-004011 <br /> <br />9. C........ItIIdoa. The proceeds of any award or claim for damages, direct or consequential, in connection with any <br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnalion. are hereby assigned <br />and shall be paid to Lender. <br />In the event of a tDtaltaking 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 eve"t of a partial taking of the Property. unless Borrower and lender <br />otherwise agRe in writing. there shall be applied 10 the sums secured by tbis Deed of TnlSt such proportion of the proceeds <br />as is equal to that proportion whieh tbe amount of the sums ,""cured by this Deed of Trust immediately prior to the date of <br />talcingbean to the tair market value of the Propeny immediately prior to the date of taking. with the balance of the proceeds <br />paid to borrower. <br />If the Property i. abandoned by Borrower, or if, alter notice by Lender 10 Borrower that tbe condemnor olfers to make <br />an award or seitk a claim for damages. Borrower rails to respond to Lender within 30 day. after the date such notice is <br />mailed. Lender is authorized. to collect and apply lhe Pr(lCeed.. at Lender's option, either to restoration or repair of the <br />Property or to lhe sums secured by this Deed of Trust, <br />UnleSs Lender and Borrower otbeJwise agree in writing, any such application of proceeds to principal shall not extend <br />or postpone the due date of the monlhly i"'!allments referred to in par.graphs I and 2 hereof or change the amount M <br />such imtalllmtlls. <br />l.~ Jlerrewer Not ReIuseII. Extensi(ll-n of (he time f<-lr payment or modifiCAtion of amortization of the sums secured <br />by thit:: Deed of Trost granted- by Lender to any successOr," interest of Borrowtr shaH not operate to release, jn any manner, <br />lhe liability of the original Borrower and Borrower\ successors in interest. Lcnder shall nOf he required to commence <br />proeeedinp against such SUiXe5$OF or rehne [0 extend time tor payment or otherwisc modify amortization ('If the sums. <br />secured by titis Deed of Trm;t by reason of any demand made by ,he ongina' Borrower and Borrower's successors in interest. <br />n. F~ by lA_r Nt>! "Waiver. Any forbearance by Lender In esercising any right or remedy hereunder. or <br />t>!herw"'H'tl'Of'ded bv applicable 1_, shall not be " waiver of or preclude the ,,<ereise or any such right or remedy, <br />~e procurement of IM-Wanc,e or file payment t')f faxes ()f other- liens or ..~harges by Lender sbaU not be a waiver of Lender's <br />riaht to accek:....le the maturity of the irntehtedn"". ,"cured by ,h" Deed of Trust <br />11. R~ C1IIIHdatl"(!," An rem.t.dk~ pr(f~..tded ;n ttH'~ [ked of TruSf afC dis.unc-t and cumulafive to any other fight <br />or -remedy under thit. {')eed of Tf~t Of :t.tfrtfdcd by l~w nr equilY, and m~y he ex;erclsed concurrentfy. independently or <br />..lCCCUively, <br />11 s..:~.... AsIlpoI ...u....; J...... ..... Several UJlblIlty; C.ptlo.... The covenanlS and agreemenlS herein <br />contained shall mnd~ and t.he rt-Jh-t;a; hereunder 1:h.aU HtU~ hi. lhe fC$peCl!VC sUC1.:.'e~$Or5- and ..s.~IJtns of Lender and Borrower, <br />$-ubjeet 10 fbe ptnVmoM 0-# paraaravh i -; h-e~ol AU l:'(i\'en-ant.~ .and agr-eemenh (if Borrower ,hall he joint and ~vcrat. <br />The 'ca:ptjons aad- hcadjnp of the- paragraph,s of thiS Deed ~)t Trm.t J:-rt: tor c\'nvcruc::m:e onty and arc not to be used to <br />Int~ or deIlno the provisions bereoI <br />.14-. NG-fk<e. Elcept for any notl\,"C reqUired under :3.f'lph\::.bk 1-3."' I,) be- ~l\t'n In another manner. la) any notice 10 <br />8Qrrow-et provided 10f' in thia Occd of '"fUSf shaH be gIven ~y maIling ':\-ut.:h n,'}t\t,.'e hy \:c-r-tlncd mail addr-e...sed to Borrower ,H <br />the: Pro:perl}' >~ or al such other addreu as !kut()WN n13V d-c-s.Jgnatt' h\' nottce l(\ Lender as prOVIded herein, ltnu <br />~h) any notice to tender thaU be Jiven by "t':tt1.1led m.ut. return rccC'lfl1 r{'~UO-tf'd. h' l.ender'S ;.tddreis ~uHcd h<,rcin or to <br />~ud1 other IIJ.ddreu .u; I...endc1' may desianate h)l notIce 11) 80rrnwcr ;H pn.\-ndeJ. herem Aoy notlce provided 1'\)( 1f1 (his <br />.t".leed of TrUll shall be deemed In ha.~ been 8jv-~n In Borrower or Lender ....hcn glvt"'l1 JfI the mann-cr dC5-ignated herein, <br />15. U:llifonn Deed: 01 T....e; C........... '-...; Se-..-.ntbWCy. f n,i; form Of deed ~.f tnl\! 1;('-mbIOh uniform, L'o\'enant:ll. for <br />nauOAII use .>lnd n-o:n~utuform .:ovenants. with hmnw V"natlon:\ hy Juru.dl~hOft h' \"onsulUlC II umform 1\.ccunt\' JI1Srrumcnt <br />cc-veriq.reat propcny. This Deed of THUll :'In;l.t! ~ gtwrrfteU hv the bw ~)j the !Un~dl.."UOn !fl whIch Ihe Propct!V l!lo li..xated <br />tu the event dUll any ~ or da~ nf fhi1i {ked ot TtU:H "f the ~{Ht' ,.-tm.nh:h wtth ,)pphcable law. such 1.:\Hllh~t shall <br />not. alftct.-otbet' pnwiaiort$ of this. [)ced of Tru'1l (Or lac Nn.te v.h!ch 1,';J:n he f:l"-l;"'H {"!fect without {he (;;:Hdhc{10t proVISion, <br />and' to tlm~, the ~ of the L'Jeed of Tnn;t and tht~ NNt arc Jcc.htft'd l(' N 'S.evC'.rabir <br />.16. ....,....5 c..,-. Bo-tr-o..-'C'r waU h\: htrnts.h-("d :J, l..IJOh)fUlCd ..'>It>'" ,.1 lht' :"o.ii}le and of this [ked dt Tru'l{ ;11 the HOlt' <br /><>I .,HeWion or .iler . Il<ordi.tio.. hereof <br />17.. T....... ef.... ~J'; ~ It all t~f .:Hi'" part of Ih-c PCI}rcnv \,r an tnlete$f the-n~1O 11 \old Of lunsferred <br />by IIotmwcr without Lender'I prior wn1tcn (.onsent. {"l,dudmg i:i ~ lhe \-'rC1Ham tit "" hen p; em;umnran4:c \tibt..ltdlt1('1h: h,\ <br />this Dce:d of TrtQ:l.. (b) d. er-eat:um of it t!'l.m:ba~ !tHJU('\, ~'UflIY Ifltcr~t fnr hHU~hu.hJ "ppln\Or.:.-n. h: I ~t trandcr h~' dtvl\(, <br />dck"'ent or by opCUUu.m of la.-. upon (M death of .l l!lHH tt'MUl nr ! J 1 tht' gr ~Hl pI ~'tnv le~ueh'l'lld !nter~.,.t ~If thn...'"t" H';U'S or IC'\~ <br />nnt CO!.'!t-Mmn. an ~Pttun to pt.JJ"t'h.llK.. Ll:nti~r m1!;\. ,-I! t cmkr ~ UptHiP. 'l-ie..:i.p>: "Ii tf:e "iH1:n. ~U(C~j hy IhlS t1t~ of 'J ruM to Ot: <br />wnne:duit.dy due and payiiibh:, L-emkr ~naU 11",,,,<;: WijiVt!U }-\.l\.O "~p1I~.'n h' ~'I..('icnHt" It, pnnr H. rhe ~;ii(' ~~r tranli'er. 1.ender <br />:and the penon to whom- the Prt.'lpe1'ty a to be ~....iu \)f lnutdenw H~~"h :,.t."r~rne-nt ~tt wnting mat the t:re(ht of \tt\:h PCf~(1i1 <br />1). ~tisfaC1OfY to Lc1Hkt- ~od dUll tnc 1n1t';fW p;"'f..N~ .-m the ~~HH" -..-.;-,.ufc-d b\ ltll~ n(."<<I pt I ru\t ~huli bi-: <It ~Ud1 (.1ft: .b <br />tender shalt n:QUb-t. If Le:w.k:t hu ""'\il{"'4~d the "-~t)hv.tl hi <t~;,:('lefJi!e ~)-.hJ"lJe-d ;ll It,,'I' p>'tU'fapft ! ';, "nd It BOrfnwCl 'i \Ul.:n."\MH <br />iO .Int<<at hu 1t.-A~-t4<< .,n.-HtfJ .u~umptM)-fl Agr~n~nl .l~~ept'(d in \H1hng tn. 1 ~nJt'r, 1.\':"f\tU-r ,hitU ft'ka~ B.<:tut.lwer from <br />aU ,,"hphl_ undet tIll. Deeil ot TruoI ,ncl Ill<: 1'1_ <br />1f I...tnder t"l-4;U'(:t1ifl; s.uclt l)ptt-o-.f1 to -4,,;(,e$C'UfC {e'ru.kt ,hall ~'Hl:d H~H'rltw~'t tl()-!i,l,;'C' ;;1 :a...'\.t:ieoftnlll m ,It,(~lrdanl,'e Wllh <br />par-ataph 14 ht!.r-e<:t-f, Su4'b nolH:-C- \ha.U pcolhH.i(" .i pe'~N.t \'~ 11',11 k\) Ih;tH \(1 J;4:~~ from the \.latC' tbe tH.Hu;:c \\ nUllcJ w1tbw <br />whtch Borrower' fflil\' ptl) the: !ium.,. J~l.",:u J~n:-, ff fbHiPv.-C'{ f.Hh h1- p.t\ :>.th.J\ '\IUltn rum \(1 the C.\plfltllOfl "J{ such 1"1.,rl(\\i. <br />tc-nde-r tna)', _~llhot." {urt~r notke {If de'm..no '..tn IhHfn\,lp'('f "H.i";'~~ .tn} tt:lnt"tJjc~ sw:-rrfUu('\j h\' pM~.np-h f 8 he-Jt~o' <br />No..,....~UNU-:-oa~ C{Wf:NA.NHo. ~n\.-"'~l -"0,.1 LC't~f lutthf:r ":{l"'cn",nr .ifIJ ..gn'c .n JnJ(,)ws- <br />II. A<<'dontioa; Ite~ Fu.,... p<<..i4nl in ,........ 11 ""'",<JI. ........ IloJrowu'. b...""b <JI any ..."runl or <br />--'" ... ........... in .Il.. Ilft<! <JI T...... ...dlMlin& tile <0.._ .n ....y "w" d.... lUIY' ,.._ "",..ro4 by tbi> l>HcI <br />01 T...... I..... prior ." k''dt.lI!ioIo .1ullI mail _i... ... ........... ... p."._ in p"""""" .4 ""'"",f .p.df,irtc: III the <br />bmtch; \1) 1M IKIiM ~ I.. ".... _II bmtch; Iol. a datr. _ '- lhaa 311 ....,. lrom ,'''' _ tho notk. b maII<d to <br />................ by ...... ~ Iltea<h _ ... ........... ..... (4) .It.al fall..... '0 "''''' _It ""'w:h .... ... belo", II>.- date """,1Ii04 <br />ill fM IlUtin ..,. r...... ill a<<dttation <JI ,10< ....... ...,.,..... b, ,Wo Ilft<! <JI T ruot and ... <JI '''''' P~rty. n.. notk. <br />..... ,.....,... __ ............. <JI tloe rich! to reiawlt. of..... ""...._..... atMI .1>.- rigl>t '" brillll .. <....rt "''I..... to _rt <br />1M ~ ... . cfef...st or ...) Cfh<r df,f_ of ............. ." ..,...1"........ aad.... If t"" brat:b is not ..,red <br />- ~ W..... tM .. ,....:.... ... 1M ..a<." IAndot' .. I~". opt..... _y d..,,,,,,, all of "'" ....... _,u.tc! by lIrls D<td <br />01 T_ ... ... '-cllatdy ... ....tI ""yaw. ..it~ furtlw. ~ ..... ...... ...,....., ,I>.- power of .aIe ..... lift, Cfh<r ",metI.ies <br />P<<Mlhtd by 1Ifpll.t.w. law, I..........,.. boo m&iIIe4 tn <~t all ..~ ._ ..... 01....__ ,,,,,u...o4 in puruli"ll "'" <br />re-.iIa$ proykltd .. tlolo........... 18. ~ htII _ hit.... In. r.......naloIo alt_f' 1-. <br />~_ uI' ... Is lB...... T_ olt.aII ........<1. _..., of default in ..d. "_1) in ..bleh U.. Property o. ..._ <br />I'll" .. Is.....akd ......... mail ~ of _It ooli... in tltr _r p....ni'-'tl by applkalolc law In Bor........ and to "'" <br />...... ~precrillo4 by ~ lint. Alkr the .... or ..."'. li_ "" .....y ... ~ by .PflIIca" IJI... TfU$(t't" .ball <br />p"".'."" 'l'. Wk, - ..~ 01...... ... .... ..._ ..... Irt the _ ...._rihH by apPlk'" law. Truslt't". ..i.......t df,_tI on <br />~. ........ .... ..........,. at pulllk ....lioIt It> "'" ......... bkkIr. .. tit<: liIM ...... fWoc~ and u"'r the lerms tlesicaated <br />"'.1M ..... ..'" .. lB _ ... ..._ "'". ':d$ aoo ill _It o.der .. T_~ ma) det~r""",,. T'rust... ma) pooI;tonc ... of all <br />tiltall)' ,..,... '" ,... ........, lIy .peIl!k __... ill Is.. tltm and fWoct <JI any l'.nlotWy"'betlukd.... L..... or <br />~....... -1 ~ ,... .......it). .. an, ... <br />t.lfu... .......... .of ,.,._. of. tlot priet biol.f_.... driin-r. to tht pott"""r TI'lo\Sl..... d<<d. ,'on..yluc lite l'~rt) <br />!lOIIt. 'no. __ .. ....T_.. deN ..... II< prl_ fad< ..ldette" or thv truth or tilt __dllo madt t'-eln.r_ <br />........, tlolo. ___ of 1M ... lB 11M: f..... ~" tal It> all "'-'*' ._ ..... ............ of ."'" ... iucl"dl,.. ....t <br />.. ......... f_~ f_ of ..... _ ..... ' lAt .... " . "" of IIoe .r_ ... 1'...... ..._....... .11_)" f_ .tMI <...10 or <br />.~("".__.M"yllt\o.~..rT'-, .....1<1 the .n_ il ...y.lo tit<: """"" or...._ J.eaaIly .llfitlcd <br />.... <br />,t~. ~..-. .. .......l N~"'nttn,lan4lflg Lender\. "l;;c-ckf;ih~m {If rht, \~!m, <,.e-(:u.fcd hy th,.\- ~ of lru:o.t. <br />Ik.ttr~ ~ hIi.- the" ricM to- hive an)' p#()(,c<-t.hngs llC'I\:ul b)'- ten-dCI !o t'ntl.nl,-t: (hij, I)e-~d ~J..f fru:\t du~::()ntlmf('d at <br />~r l.J_:,..lOf ,~.ht e.,~~t' t.o (l(:C;U€ \)l. {H fbe fifth d.} htf>l.u(' IOtr ,wJe tl{ Ihe ;':ttpcrty pun.\tMlt h) l~ ~l()\~iCl of ~It' ~ontaH"~.j <br />'.I\.,..t~,.~.... .., <;if. .'_ r..t,~, . Qf., , (U.Je.,".f.''J 0I~. jt~,,-'m:..nt 1:flJot.".<ijn1l tll.'. ,De., 'Cd of Tru~l.\r t:',t Bl'~f,".)WCr P-ii/.y~ Lender ~n ~un." ,.....hl\j:,h...... <br /> .{Hlld <br />bt. t.......~, ~ O<<c:d ",,,f 'r1J:!Y, ibe Nt,lt-(' And hOtte-a- ~-Ufln6 FutUflt ."'U\',~,,\>...\e"'., ,f .at)), h~J ;1i.~ ~~~~'tkl;llt(}n ~~i,.:urfe-J. <br />f-b.t .aur.f~l'. ~~ aU btt~,b<< ftf an:r m-het ttl'\"~tUIn1~ m' a#J't"oCtncJih i~f ij'(l-r:'n'll,.t:t {()rH,,*,ineJ '11 thi\ l~J ttf r!u~L <br />f . -t"\.pt'~;.- n'tc:,u'~,ft':-d by L.ef~l' a~ Tn.l--~!ee H1 .;:nh-..~n.:m~ ~he ';t~,'e.~l.,Hlh ..thi :agr(:t;nwtH~ ~~( <br />.~, {.t TruM ~td '11 $.fJforcu" Le,n-de(,,: ~nd Tr-a1lte;(."'y n~nH~dtc'f; a:<. Pf\~"iUi..~ m pM.i1gr~r-~! !~ <br />~1.. ..,. :~.tk1f: I'i~d ,to,. r~.lt.wMhk1 ~~rt(!-)..\ (<<t,. ;;nd (4) !k!tf);)"'ttf t~tl(':\- 'i~~h :+.ct~t"H M L i;'rnkr ;t1Q\ f("a~'-'HJ,bty <br />~_ ~ ~ that. x_ ,~"n .t-'4 t:hi\ Ot:cd- f,:t-{ 'fnt\:l.. Lt'nde.(~ i11t:er<<~ ttl Hh~ f'n)pe1'~"- .-tM;. Uot'fl'".....e-r.''' IlhH,..two h~ r.n' <br />