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<br />83- ()04057
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<br />9. C........1IlIoa. The proceed. of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other takin, of the Property, or part thereof, or lor conveyance in lieu of condemnation, are hereby assigned
<br />and shall be peid to Lender,
<br />In the ~ent of a totAl taking of Ihe Property, Ihe proceeds shall he applied 10 the sums secured by this Deed of Trusl,
<br />with the exC1lSS, if any, paid to Borrower. In Ihe event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall he applied to the sums secured by Ihis Dt-..,d 01 Trust such proportion of the proceeds
<br />a. is equal to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date 01
<br />takin, bears to the fair market value of the Property immediately prior to tbe date of taking, witb the balance of the proceeds
<br />paid to Borrower,
<br />If the Property is abanJoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after tbe date such notice is
<br />mailed, Lender is authorized to collect and apply tbe proceeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured hy this Deed of Trusl.
<br />Unless Lender aod BorrOwer otherwise agree In wnting, any sucb application of proceeds to principal shall not extend
<br />or postpone the due date of the monthly IOstallments referred to In paragraphs I and 2 hereof or change tbe amount of
<br />sueh inslallments.
<br />Ill. Borrower Not Relelllled. E.xtension of the time for payment or modification of amorti7.atioo of Ibe sums secured
<br />hy Ibis Deed of Trust granted by Lender to any successor m interest of Borrower shaU not operate to release. in any manner,
<br />t~ habUit)' of the original Borrowtr and Borrower's sUCCt-"S..!iON in Interesr Lender shalt not be required to commence
<br />proceedi-ngs against .such successor or refuse to cx,tenu time h""\r payment or otherwise modify amortization of, the sums
<br />secured by this Deed of Trust by reason of any demand made by lhe ongmat Borrower and Borrower's successors '" interest.
<br />II. Forl>e_~ by Lender Not a Walver. Any f(\rbearanc~ by Lender In e,ern''"g any rlghl or remedy hereunder, or
<br />otherwise afforded by applicable law. shall nol I>e a waiver d or preclude Ibe e,erclse of any such right or remedy
<br />The procurement of insurance- or the payment of taxes nr other hens or charges hy Lender shall not be a waiver of Lender's
<br />right to accelerate the maturlt)' of [he mdebtednes~ \e-('ured hy thl5. Deed of T ru\t
<br />12. Reaae4in Cumuhtth't". AU remedle!l;. pnn'Htcd In (hl~ f.lt~ed of TnJ.s.t 3r~ dlstmct and cumulative to any olher right
<br />or remedy under this Deed of Trust Of afforded bv law nr e1.luuy. .and ma\' he exerCised concurrentJy. independently or
<br />successively,
<br />13, ~ aad A..... Bound: Joinl and Sn..nd l.iabHlty: Caprio.... Tbe covenants and agreemenls hercin
<br />contamed shaH hmd, and the rights he-reund(,f 'i-haH HHJrC tn, the fe'SpeCtlVC 'S.ll-CCC\SCIf'S and ~lSsigns of Lender and Borrower.
<br />~ubJCCt to fhe prO\'lS-JOns of paragraph 17 hcf'et..)f An (.-o\.'cnant$, and 4gf'~ment~ ()f Borrower ~haU be Jomt and several.
<br />The caphons and headmp of the paragraph-, of It'H~ Deed nt' TrUli-f ..He tor con",'cnicnce only and are nor to be used to
<br />IOterpret Of dcllne the prov,",ons hereol
<br />14.. Notkt.. Except for any notKe requued under app-hcabte LIW tn he gIven In another manner. (a) any notice to
<br />Borrower provIded for in tbis Deed of Trust shall I>e gIVen bv mo,hng such nO\lce by certified mail addressed 10 Borrower al
<br />the Pto-pIC'.fty Address or at such other address. as. Borrower may desIgnate hy nonce 10 Lender as provided herein. and
<br />(hi any notice 10 Lender shall be gIVen Iw certIfied mall, r..lurn rece,pt requested. 10 Lender's address Slated herein or to
<br />such other address- as Lender may desIgnate b\! nOHce 10 Borrower 3!J prtWldc-d herem. Any notice provIded for in this
<br />Deed of Trusl shall be deemed 10 have I,.,.n g,,'en '0 llorrowe, or Lender when gIVen 10 Ihe manner designated herein.
<br />1$.. Uaiform DtflI of Tnst; Go.......... Law; M\'t'rability. TtH"l form of d~ed o( tfu,;t combines uniform covenants for
<br />national U~ and non.uniform covenants wut! limned VanatHln\ by lUn~ICfton hl cons.tltute it uniform SC'Curily instrument
<br />covennll ,eal prnperty, 'tluo Deed of Tn"'l ,halll>e !l"vemeu by Ihe law nf Inc JUrisdictIOn III whicb Ihe Property is localed.
<br />In ,he ~ tlill any provi.lw. <If dause or ,h" Deed of Trust or the N"le ,,,nil,els w,th applicable law, such contllel shall
<br />"",I Jlff4other~..mo.. .....ft$..t!f.4.~ '.. of 'J ,,,,,I Of .he Note, wb,cb em he !lIven etTect w,thOU.1 Ihe connieling provision,
<br />a",*" tfij; ".'Jlr(ltrs.!i~.~Oec:d ilj Trust and thc Nole .'e declare.! lil be ",_crable. .
<br />~"..'- .....~~~ tcbP,. -Borrower ,hall he !wfH,hed a ,,:onh.-"rmC'd \.opy ~,I the Note and of thiS: Deed of Trust at the Ume
<br />of ~;(ecutton or after recordatlOO hereof
<br />17. .r......,tf of the: Prepertyt .....ptiea. If all t'! an)- p-afl pi [he l"tfopcttv l\( ",n ante-rest therem 1'\ sold or transferred
<br />hy BoffO'W":f Without L("nOe"" pnof Wfltten ..(-'Own!, f'"iutl1ng 1 J) the "l(".itltl\t\ t\f a lten (If encumbrance subordinate 10
<br />thJ.\ l1eed of Trus~, {h) lhe t:featWf) of ;;l phr('h;.t~ !l:K~n.t~ W_L.Uflt}' !It(ere,,. fOf hHU\ehoh.1 appliances. (( J a transfer hy de,vise.
<br />deKent or by operllut..-m \)1 law upon Ih~ Je.ath of a 1".HiI tenant u{ t J) the ,nint ot any Icaseho.kI intere$~ of three- )"ears or less
<br />fit)! Cl.'\fit3Hung an option to pulchasr:. I ender' ma)', ,If 1 enJ-ct\ OPUUfl, Ja:hue all the !i.unn secured oy thIS Deed of Trust 10 be
<br />unm~.h.atcJy due and paya.~. Le.ru.kr ~h.U hav(' ,,",iUV~ \.u.:h (\ptUH~ {;:J 4\.:\.'eieralt' d. rHor In lhe ~..le or tran!tfer. Lender
<br />J.nd the pef~ to whom Jbc Propcll)' .') h) he ~dhJ l,)f tr~n~fc'H~J tC~.;jl agree,ment m wriung that the ,redl! of such penon
<br />is. wi$(ac-tOl--Y to L~rniel ..nd time {he mtCfe--'iol pa'rahic ..\H the \Uln" ..ct.:un:~ ny lhl~ Deed of Trust s.hall be at such rate as
<br />LcIKkr shal! req~. it l..-Clldcr ha.s \4lcai\'hi the- \l.pl:H.m h.\ ;t~(('h~r.h.: prov'.-J<<j!fl thl.l' par.agraph 17, and if Borrower's successor
<br />Hl tRlcres-l h~ C.~eculai i\ written U;$Umpiton .l1l-fccmc;tH ;'Kl,;CptW Hl wfllmg by Lender, lender :shall release Borrower from
<br />all obfi&a,tions under IhlS Deed ,,( T~l alld .he Note
<br />11 Lender c.',cr~i~ su~h optWi'l to ;,h.:~c1-er),&-t~, t (,.~uJef "h"U mati HOf nt-wer notice {~f ac("deration III accordam.~ with
<br />paras.rapn 14 hereof. SlM.:h flOlice s~aH. ~)fO\-!~ .a pent.xi 01 ntl( le)30 than. '0 daY'- from the date the (~Oli~e IS lnaile:d wi~hin
<br />whICh Borrower mil)' I~)' the: s.unb. Ue\.'i.1fC:O;Joe If tk)H'-1....n t..tih h1- p-a\ ",U\.h \Ufrui poor to the explrahon of such penod.
<br />Lcndet m"l)". without unbef noiJ.l.:-C tH J('llland on lJmH~"t:r. mhl~(' ~Ul) rem~.JtC~ pcHniucd by paf1t,raph 18 her~of.
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<br />NON.l}NUOitM CO\,'t.NAN1~ llorr..~cf and Lt'llder further ..\l",c::nant J:hd a81<< .!) follows:
<br />Ill. Ace............ k~ .:...~pt.. .....vidnl ia pal.......... 17 ....<eel. u...... Borrower', bftacb of allY co.eout or
<br />...-..-.t of 8om>..c:, ill II.. Ilftd ul '1'....... iIIdlldiq I.... <ona_ 10 pay w...... d. ...y S_ HC:1Ired by Ibis Deed
<br />'" T.....I, Lr.... prior tu ac:o:denlioll ...... IlIIliI ootk~ to Bonu..ee as p...,ided ill ............. 14 hflwI spedfY!:le: (I) I....
<br />~ 121 doe ."'loa rflJ"ind tu cun: .""b b.ucb; (31 a date. _ '- tI.... 30 day. from the dlde ,.... notiu is ntalJerI to
<br />IIom>w..., by wliKl> .....1> br~..,1> _ .... cIlfd; and (41 lbat lall..~ 10 caue ...cb bnekb .... or ....fore the date 5fl<<ill...t
<br />ill "'" ~ .., reouk i.. ...."detlltioa of I.... "".... ..."UR<I b) I.... Ilttd of 'fruol and ..... of the Property. 'l'he nolI<<
<br />..... lun..... illform Borto..... of I.... riab' to ~~ 1If"" ,""""leratieo aDd I.... riclll 10 brillJl a e....rt ...do.. 10 _rt
<br />doe nua-elListfltce of _ def..... u. 810, ot.her .fe_ 01 Borto.."r to ....cdenOool ......... If I.... brea<:b is not <ured
<br />... ... llefOl'C ,.... dIIle lipKiIied i.. ,.... ~. Lr.... III 1-rD<kr's ..plio. may declare all of doe ~1IIIlS secured by Ihk Deed
<br />of Trust to be i-.liatel1 dtle and ,.,abie wilbout llll1....r ~ ..... lila' iII,,"'~ I.... powu of ..... aad ..y othu remedJeo
<br />pet'IlflluccIby appIic:.we law. .Lettdn'..... be erdlded '0 collect ..u ,-...we c_ ..... expeIIMS lac""'" i.. Pll.....lllJl the
<br />~ ......We4 la tloi& Jlllf1IICnIIb II. iadlooIiac. but ..... Iiaalted 10. ~ _Y'5 fea.
<br />If .. power '" .. is la.okN, TnosIft ..... RC1>nl a noli<< of del....' ill eIlCb COIUIty I.. wlddl doe Property or some
<br />.... lIoeftof is ioaItd aIld .. .... wpies of wdto IIOl.i<< ia doe _acr prucribe4 by lIJlIIIkabIe .... '0 Borto..u and 10 ,....
<br />oe..... persculS,...,ribe4 by appIieMIe Ia... Afl... lbe lapse 01 "Kh ti_ as ....y be rrqulred by appIicabie Ia... T......"" sllllll
<br />P palIIic tIIOIice of ..... 10 doe ~ aad ill the _.... l'"""riDed by _ptlIkab&e law. Tr_. witboul __4 on
<br />IIom>wer. ... sdt 1M ~ at pooIlIk _110ft to I.... JUchesI biddet' al IIle li_ aad pIlIce ..... .....r I.... tee.... deslca"ed
<br />ila doe aotke of .. ill _ ... _ pllndo .... .. JilKb onIer ... TI1l5l<te ....y deIenldac. T_ may ,....tpoae ..... of all
<br />or .., ,...nt '" doe .......1 lay palIIic __ . ,.... 11_ ...... pIlIce of lIIty prev"""'y ",hell"" sale. hadei' Of
<br />lCDlIet's ...... _Y ,....,..... Cbe Property. _y ....
<br />V,.. .~... of ""-- of Cbe price hid, T...... .. oIdiV~f 10 the po"'...... T....."".. deed C1)a.~yl... the I'n>JMrty
<br />.... ,.. redaIIr la dte T........... deed ..... .... ,...... h.de ...ideace of t.... lruth of doe ___ ..... (hereill. 'f_
<br />........,... ~ of"'" .. lhe .......... order. f.) '0 all ~ cOlIs and cspeIIMS of the sale, Iach"llaa. but
<br />-..... to, 1'........,.. of _ _... ,&5111t of the ar_ .. prke, re-.Ye "_y's f_ud C<)IiI$ of
<br />.. ~ ~ .. .. _1H1lnd lay ... Deed of 1'......; ...... (e) doe e>:UM, if NY, 10 doe peI'lIGlI Of ,.._ ....aIly ~ntltle4
<br />.....
<br />1lJ. _____a RlIM .. 1laiIMlale. Not"lthst~ndjnll l.t'n<Ie,'~ ac"eJerallOl' ..I the ",m. ",cured by thl> (leed "f I'rusI.
<br />&of."""". ~I ha~ the ri&ht to have an> ploceWiolls l>eaun by l.ender w en',>ree tbi. Deed of Trust di"",)nlinued at
<br />~ ~'lDeprior !A) ,he Utti<< !A)O\:...U. ,.vf (i) the IIlth .ay bef~" lhe >ale of the Property punuant ll> the po"'er of ",Ie conlamed
<br />.11 tllil Dccdor: Ttl./it ur (ll) CIlttY of . II.......nt e"fore,... Ih.. Jltled of Tro.t If' !~) Borrower pay. Lender all .uOl' which ",ould
<br />be 1_ due......, IIlia Dl!ed of 'fru". tbee Note and note. "'<CUrl'" Fut"I" A.hanc"., If an,. had no aCI'CI""lion occurred;
<br />(b) Jorrowet eII_ .u lttea..-ha of ~ny othe, covenant> .>r a."..menb of Bono",.., contained III Ihi>. Deed of 1',u.l;
<br />cel ~ pal' at! ~~ npenaes irw:UftW by bnder and T""tt:e in ...forelOll lbe covenanl> and aa,,-emenh ,,/
<br />-.-, ~ '" tlm ~ of Ttl./it afl(/ 'n enfoK'OJ under'. and 1'ru\t<<'s remedre. '" pt'OVllled '" par""'l'b 1 ~
<br />~, lrit~ ll.ll not hatil<<d 10. ~.._bIe lllIOfocy's fen; .mI (II) Ilortvwe, laiM .lIClt Khon lIS Le..... n",y re'....'nablv
<br />~ lU -.. I.... tbe liom of this 00:c4 or TI'USl. I_door', u\tefllSl '" ,he Property and Bo",_,,,.'. ,>ll4,it..lion 10 p"y
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