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<br />83-0G4017
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<br />9. ~. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or otber laking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall he plIld to ~.
<br />In the_t of a total laking 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 tbe Properly, unless Borrower and Lender
<br />ot"-iseap:e in writing, there sball be applied to tbe .ums secured by this Deed of Trust such proportion of the proceeds
<br />as i. equa!to that proportion which the amount of lhe wrns secured by this Deed of Trust immediately prior 10 the date of
<br />taklog bean to the.fair mmet value of the Property immediatelv orior to the date of taking, with Ihe balance of the proceeds
<br />paidto~; ..
<br />If the Property isahandoned by Borrower, or if, after notice by Lender to Borrower Ihat the condemnor offers .tomake
<br />an urard. or teltle a claim for damases, Borrower fails to respond 10 Lender within 30 days after the. date such. notice is
<br />mailed, Lender is atJlborlz<od 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 10 principal shall not extend
<br />or posCjlOtle the due date of the monthly in.tallmenl. referred to in paragraphs I and 2 hereof or change the amounl of
<br />such inStallments.
<br />I'. .a.n..- Nor R......... Extension of the time for payment or modillcalion of amortization of the sums secured
<br />by this Deed of Trust granted by Lender to any successor in interest of Borrower shall nol operate to release, in any manner,
<br />lbe Uabilily of the original Borrower and Borrower's SUCee5S0Cll in interest, Lender shall not be required to commence
<br />proceedlnp against web slICCessor or ref"", to extend lime for payment or otberwise mndify amortization of the sums
<br />~ by this Deed of Trust by reason of any demand made by lbe origmal Borrower and Borrower's successoCll in interest,
<br />U. F~ by u....... Not a Waiver. Any forbe.\rance by lender in exercising any right or remedy bereunder, or
<br />otherwise afforded by applic~hle law, shall not be a waiver of or preclude the exercise of any such right or remedy,
<br />The ~t of insurance or the \l4lyment of taxes or other liens or eharses bY.' Lender .hall not he a waiver of Lender's
<br />fight fj) lI<lCClera", the maturily of the .ndebtedD<$$ secured by thIS Deed 01 Trost
<br />12. ~ (''uanIIartte. All remedies provided in tbi. Deed of Trust are distinct and cumuiative to any other right
<br />or remedy under this Deed of Trust or afforded by law or equity, ,nd may he exercised concurrently. independently or
<br />,ueeeaiYdy.
<br />13. ~ .... A..... ........., Joint ..... ~ral I.labIlIty; Captions. The covenant. and agreements berein
<br />c.ont.ained ,halJ bind-~ and d'te rights here-undeT s.hall inure tn, the re.$pt-ctl\'t: $uc.ces..mrs and assigns of l.ender and Borrower,
<br />subjoct '0 the provisiom 01 paragrapiJ 17 he"",1. All covenanls and ogrcemenls of Borrower shall be joint and several.
<br />The captions 3M hcadinp ot Ihe par.llg-raphl Of thl~ [)eeu (If Trust are lor (oo\'tmCtlce only and are not to be used to
<br />1n",'1'"" or define the provISions hero<>f
<br />1.4. Nef.ke... F..x.cept tor any not,u.~e reqUIred under apphe<thle 1.1\~ tn he g"f\'-en Ul another manner, tal any nMlce tt)
<br />lIon'owter p;nwided for in this D.!ed of Trust shan be gIven bv mailing .oct> noliee by ,'emtied mail addreosed '0 Borrower at
<br />the Property Addn:s& or a1 such olher ~ as !lorm..er may d=gnale by notice 10 Lender as provided herein, and
<br />(b) any I10ttce to Lender shall be given by certified mail. tetum ."'elpl reQue.re<!, In Lender'. address Slated berein nr to
<br />sucl1 ather oddreu lU Lender may duipa(c by- notice h"l Burmw(<l" a~ provided herctn t'\n~' notice provided for In this
<br />l:>ctd of Truor shall be deemed 10 hAV" been g1Vefl '" B<>rrowor or l.ender when gIven III lhe manner d"'liltl1aled herein.
<br />15. UniI'cJna I)ee4 of T-..c; Goftmiwc I.....: Stvfl'lthllity. Thl~ form of deed of trust ..::ombmes tiOlfnrm covenants for
<br />n.ti<ma1 use ~nd non-uniform cm'cnant'l with hmu-t:d 'r'an3tH.)t1~ h\' }tU15U1Cllt\11 to n"lnll1tute .1 uniCorm security instrument
<br />~averinl rmt1 ptupetty. Th,. ~ oJ TfUS.t ,hall he governed hy the- b.iw ot the Junsdtction III which the Property I~ localed.
<br />1n the CVCtll thaf .;iO)' provftion or daUR of tnn r>aro of In.uit or the N,}fe l,,'\'mftlct'$ with QPph-cable i.'lw, such 'Conflict shall
<br />not affect,otbe_, p-roVISWtU oi lha: [~ o-f Trmt {)or the Note wtuen >..an hi: J,tlvcn eire-oCt Wl1h-'..1Ut the confllctmg pr-OVlSlon,
<br />;Iud to {tlJ~ end she provwoos 01 the Ll<<d f\f Tnt"t .iHh:i th-t _~(lte .are' declared to he severahle
<br />16. ~t. ~_ 8otT'O"'*~cr dt.tU b-c ltUfu"hed a ..-~'mfmmcd .: DPl of thli' Nolc and of thIS [xed i)f Trust af the tIme
<br />"t cxcculJOll '" a{ht, m:ordatioo beRoi
<br />.,. T~... '" the ~ A ".. Ii an (tt al1~ r-n of fhe ProJ"Ctt\' ~)~ ~n .inltJ'e:;.t thCH~lf,l 1$ s(.lld or lra~Si(errcd
<br />by Bor~ Wtthout 1..A:,ndcr's ptK\t wntten COf.l\Cttt exchHjlO~ [.i I tn-c l..:r(atll:>-fl or J- Hen Oi (OCUmDtiHK"'C ~ubordma.tc (p
<br />ttria: ~ of Tnlli. fb) 1M \7~ \It a ~Je motlCy !h;.-~-U'flt)' mlcre\t tnr hfl\treW.:1-ld ..pp-hau(:a. (i.~) ~t transfer hv deVise.
<br />lteM:ent or by o.puatJ.OO pi law upon the: dealh (.'l-f " loml tc-flant or (d 1 ttlc grant fl,! any- lC'4R!hok1 mtcr~t ,)l thre~ vear~ (1r Jc~~
<br />ntH coola;nins to optl~)n It) pun:hue. J.enJct ma\'. ;''If l t'tlOCf" 'l~HI(lU, Jcd.are aU the ;,I.Uln 'li-ecuwj b\' thf!o need t,ll Trusl to hoc
<br />imnlCdlately due: and p.-'rable, I t-mkr thAH h.'!l\'C WAI\'W "t~h l.lptKHl in ,.~ce!erate if pnor It'> lhe !\~dt.': flf' rran,'l;fer, Lende,l
<br />.ui'td l~ pttst:m t'O whom tbe.Pto-pett.j- .\'ft to he Ml'ltl Of ;ntttif~"H("t! f'l."1i\.:tl ~grttmem J!; writln' thai the l'fe-tilf ,-It MlCh perS0f1
<br />!~ utisf-&CtOf)' to L~ndu And thal the Hltern-r payahl.r ,'in the '.HHU'i ,,~ur~ by ,ht~ 1)eW of 1 rU-1-{ \haU be al stith nue ~t:!l
<br />Lend<< 511:-.11 tcquc:$t. If Lettder h~ Wlltvro tM {~pttOii h'} ~";~'e-kr41,, f'i-roV1ded Iii t'h~'f> p:.-uaarap-h i 1, ,mu it Rorrower'~ ~UcceU(lr
<br />m ut-teR$t hu e:~e..."Ul-cd a wntten aawnphou #-If('etl1e-nl .tt"''''t.'epl,(j,j Hl wnung tt\' LttWcf. Lender shall rclca!Je lk'ft()Wer from
<br />.U obIi",tio". Ul!der IhI> Deed of T "", and the NOI.
<br />I{ t...c.ndct extiti$C$ )ouch 'IJpt:wn Ii) .(lo.,,':('lefatr:, I o:-ndcf ",h-4H n;~d HOrfPwc.I t!~Ntl.;e, \.\1 a..'\.',derUtion IfI a.;cordam:c- wHh
<br />p~Ullara'" 14 a.tet}!, Such notIce Ilhail pftYfHJe 1; f~'Hlll(j (j-! n,,-~t k,." than .l{.! ~ta->') trt'Hft the doltlt (he nOlke l't mat led wllhin
<br />wbidl Borrower nta)' pt)' the- Wins de(l-and due. It &f,fI~)WCf hfh h.\ p:.l~ l<udt Htm" PHt)f to the- e,\plr.aoo-n ~)f su..:h.penud.
<br />lender tn.)', ,*uhout further notice or den't-and on o.offtlWC"l. 1tlV-Ot..e ani-' reJn<<,hes pefml(ted hy rar~'faph t A hereof
<br />NoM..UNI~M COVEH"N'I' lk)rrO~It'Cf ",uki Ltndel ,iurther ~(wC'ltanl ...00 ..,ree- at toUtlWl:
<br />II. ,.\<<...... --..... ..,....,. .. ......v... I" -""" 17 benof, Up"" .............r'. !>ft",," of a"~ myonaat or
<br />...-1 of Bono..u I" 1I.. ()oed 01 T...... inchMliAa I'" '''''.._ to plO' "'''''0 dtu MY __ "'""ur.... by. Ihls 0.....
<br />of 1'11151, (~prio. I" ~...... malI_i,.. I" ....."..... .. ......,.... iA ............. 14 "...oof sp..dfyiog: (l/t""
<br />.......t ill ... act.... ............ 10 ........ ...." ltmKb; ,3/ a ......, not ..... t""" 30 "ay" from the tbtr Ih. noti<< Is mai~ 10
<br />.........." It, wltlda .>Udt ......b ....... ... n..ed; aDd ,4~ .... lllll_ tu (u... slWb brudl .... .... bel..... t"" cia'" sjl<<ified
<br />IlItM ......... IIUt.l' rt'IWIIt m ..."....ndlea 01. t'" _ _....... by IIIb Oft" of TrmI ...... ,Itle of the I'r"",,"~. The notk.
<br />...... fllJ1Mf it.f_ ........._. of ,"" rich' Iu ._ aflH ...",dr".1loct .00 t"" ria'" to briae _ <1"..1 ..tmn 10 __rt
<br />tM ~ of a ..,.... of ..y 01..... dd_ of aorro....r '0 "','Ok""..... ......ale, If.be bru,'h " nol 'u....d
<br />011'" Won> !till ....., ......,.... la ... ~. f........ at r..,......'.. <>plloI. _, ~""'" .u of lbe ...m.s ...."''''tI b~ thi> r_
<br />of T""'" to'" ~ """...... ,.y"'" wltbout lun"', 01.......... aM ""'y j",olul the po..e, of .ale and 1lRY m"". ..-wes
<br />........... tit. ........... P. Leroder """" ... eeliIkd l<> ,..u...:t all ..........." n.." ...... ..""_ m,,,,,,,d in panalog lhe
<br />............. ............. rIl.. ......... Il, htdtodiIoc, blII not Ii......... 10. ._..... afto"",y', f-.
<br />::::J~"'" III .. l!Ila....... 'r_ .oItlolt _..nl . _. 01 dflaOllI iA ...01. <Dualy in ..Ilk" t"" 1'"""".1, or "'IIIe
<br />,.n. Is ........... ...... .... ..... <opioIs 01 ..w. 00Ik. in t"" man..., ...-tibe4 b, applkaltlr la.. 10 Borrowor and I.. lb.
<br />..,... ...- ...-riIMd It, ............ law. .",'Iff t"" ..... of ....,. 11_ ... ....., ... ""Iulml by. appll<ti>l. law. Tru..... shall
<br />&1ft .....Ii "'lllke "'__ 10- iloe ...- .... I" t.... _M. ,......'.lIM>d b, appIleaWe "'w. Tf'IIOt.... without d.....od 00
<br />........... ... ...."'" Property III ,..wk """lion 10 tIte hl&hnt biJItko, al I"" tl_ ..... pla<< ...." un"", ,'''' lem'" .....i&""t.d
<br />10 IIle ...... of._ .. _ Of __ ~d>I ..... lR __ "'... .. Trnot.. _y ckte.....itoe. T...."", may .....Ipone ..I. of all
<br />.. .." paftd '" "'" ........" by ,-ce - at .... t'- and pi... of any p~.iously ..'............. .al.. L.nder nr
<br />,................. __ ~ IIle ........', -' aay ...
<br />1!pcIot...... tit ...,-.01 the pt'iot' bld., T_ .... ddl.... tu the pun:huor rru.I..,'. """" l"''''YiuJ ,"" 1''''P<''1,
<br />...... ...... ncilMIli It; the ~', ~ .... b. ......... l'ark ,",'w....:" <>I' lhe IrtIlb of t.... .ta_.. "'"dr ,"""'in. 1'"",...
<br />"... III!llI1 tM .......... '" tbe .. In tlw f...la&.......: Illl kJ llIl ~ ,coot" ..... ..___ of lilt> We. indndln&, ..'"
<br />_ ...... .... ,.....".... tit IIIGl ~ lMa ". tit Jl\ ..r tbe ...- .... priee, ..-bko alt......., 's r... ..... .,,01' .... titl< e,'l<kn"l"
<br />,1>.,......... -.4 b?lhIt DtelI <il'l'nMit; ..... (el tbe .,_It my, t" W......- '" "",..._ \rsIID, ...tided l~o.
<br />tt. ~'t.I-tte!d..............." N4Jt\trflhltMui_ftI Lt-ooer':t. a-c~ch:Ut.iJOf1 tJf the HUlh ~ct:ur(;d hy (hI'" Deed "j fr.m,i,
<br />Ikn~f- ~ htive 1be-_ d,bl t.o h.-w:c _any ptlx:<<di~ Pe-8-Utl by tenUcr [0 ~nh)t\;e rhl-~ 1'Rttd (~f rru"'rJ Jt).;;~)tHmH,,'\f al
<br />"'W tiN !i'florl<ll the_bet.\O ''''~Uf uI Iii tbe ilftll d,,~ l!>ef<>te ,he sale of lbe J'r"perl) 1""""."1 1<' I,", IX'" <f ,.( ,;.10 ,..<",.""d
<br />f~~....~.... .<ll.r.futiO({.AJ. emf)'. ~Jta l.t~umt enh)f~t1\'lhi~ 0eaJ f)( Trwlt If' t_o,tHo-Hower p;;a}'\, L\:nokr A.!1 'lwn" .....tH~h. \";~,uhf
<br />be 1MB -m., ~- th.., ~.oo Tn~. the' Nm.t and- notes ~-t.UfIOC f'uturt Ad\;;Ul(;C~" d ;,wy, had n{~ iR'.....'k!'d.tu'\o ,-\>":~~jtl{'~-L
<br />~b:) ~~~ !".~ 41lt btlt":i(.M of any (~bw \,::O-\"eoant:s or _1re<ft1C,nh ~u: h-(M'~'dW-Cl nmtam<.d m tht~ r~d ,'It lru..t
<br />~-e:J- ~ ~ aU ""~ ,c-'PC~ n~~ by tt'n-der an.d T'rusH.'~ ,in t."Hh'l<<-;$f\g. the \:,\~~cflilm!<o aod ~ISh"CjJl~lH~ 'Jt'
<br />, . t-~"Pct-d ,01' rt~ iif~ in -f:n!.(Jn:.t1ij !.~.! and T,u~t<<'), f'cmcdK1> ~H pnJv4ied If\ palllJ,l:r;tph t R
<br />not:, tithittd tD~ .t('...~ ~.tt{}ttK!r.'~ (~'. -Rod (-J~ fk'lffo:wer takc$ ~Udl ,,",'f)\,"U ;lS. L(m.1c-f "Hi:} (('~\{\nilh!\
<br />t~ fM film (If tbtt Ilved fi( Tftn:t, Len6u''ii f~rtef~r -'th- the P(~):J'C-I"fj- and n(m-1h..--~r._\ \'t'tl'g~n~}l'\ h; P,H
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