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<br />9. Condemnation. The proceeds of any award or claIm for damages, direct or consequential. in conneclion with any
<br />condemnation or olher taking of the Property, or part Ihereof. or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall he paid to Lender.
<br />In the event of a total laking of the Property, the proceeds shall he applied 10 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 the Property, unless Borrower and Lender
<br />otherwise agree in wriling, there shall be applied to the sums secured by this Deed of Trust such proportion of the proceeds
<br />as is equal 10 that proportion which the amoont of the sums secured by Ihis Deed of Trust immediately prior to the date of
<br />taking hears to the fair market value of the Property immediately prior to the dale of taking, with the balance of the proceeds
<br />paid to BOrrower.
<br />If the Property is abandoned by Borrower, or if, after nOlice by lender to Borrower Ihat the condemnor offers to make
<br />ail award or seUle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply the proceeds, at Lender's oplion, 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 applicalion of proceeds to principal shall not extend
<br />or postpone Ihe due dale of the monthly instaliments referred to in paragraphs ! and 2 hereof or change the amount of
<br />such installments.
<br />10, Borrower Not Released. Extension "f the time for payment or modification of amortization of the sums secured
<br />hy this Deed of Trust granted hy lender to any successor in interest of Borrower shall not operate to release, in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. 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 demand made by the original Borrower and Borrower's successors in interest.
<br />11. Forbearance by Lender Not a Wainr. Any forbearance by Lender in exercising any fight or remedy hereunder. or
<br />otherwise afforded by applicahle law. shall not be a wa,ver of or preclude the exercise of. any such right or remedy
<br />The procurement of Insurance Of the payment of la\~ or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by thIS Deed of Trust. . .
<br />12, Remedies Cumulative, All remedies proVIded 10 thIS Deed of Trust are dlSflnct and cumulative to any Olher fight
<br />or remedy under this Deed of Trust or afforded by law or equity, and may he exerCISed concurrently. independently or
<br />succes..;vely.
<br />13. Sureesso... and Assigns Bou..d: Joint a..d Several Liability; Caplions. fhe covenanls and agreements herein
<br />contained shall bmd. and the rights hereunder shall inure t(l. the respec1l:vc succes~ors and as..~igns of Lender and Borrower.
<br />subject to Ihe prOViSIons of paragraph 17 hereof AIi covenarHs and agreements of Borrower shall be ,joint and several.
<br />The captions and headings of the paragraphs of this Deed nf Trust are for conVentence only and are not to be used to
<br />interpret or define the provisions hereof.
<br />14. Notice. Except for any notice reqUired under applicable law to be given in anolher manner. (a) any noltce to
<br />Borrower provided for in this Deed of TrusI shall be given by mailing sucb nollce by ccnified mail addressed to Borrower at
<br />the Property Address. or at such other addres-s .as Borrower may destgnate by notice to Lender as provided herein. and
<br />(b) any nOliee to Lender shall he given hy eerllfied mail. return receipt requested, to Lender's address stated herein or to
<br />such other add....s a. Lender may designate hy nOllce to Borrower as provided herein. Any nollee proVIded for in thIS
<br />Deed of TrusI shall be deemed to have been gIven 10 Borrower or Lender when given 10 the manner designated herein.
<br />U. Uniform llefll of Trustt eo....rning Law; s"nl'llbUit}', n", form of deed of trust combines "mform covenants for
<br />national use and nun..uniform covenants wtth limited variatIOn'\. by ,urisdlctlOn to constitute a uniform security instrument
<br />covering reaJprupeny, Thi. Deed of Trust shall be governed by Ihe law of the junsdicl!on It1 which the Property is localed,
<br />In Ihe evcntthat;uYPfOviJlf)n,or elaU)e 01 thIS need of Trust or the Note conflict. with applic'lble law, such connict shall
<br />not affect olh~r ' .. . Dei:d of -, rust or the Note which can he given cUcct WIthout the cont1ictmg prOVision.
<br />and to this"'l<lt the Deed of Trn;! and Ihe Note arc declared to be severable.
<br />16.. Bottow ower.shaH be f\HOlfShed a t:onfu-rmcd <~opy ,;:)f the Note and of this Deed of Trust at the time
<br />of ex.ecution or after recordation bereot.
<br />17, T......rer of the Property; A-.npIioo. If all '" any part of .he Property or an '"terest thereIn IS .old or tran.ferred
<br />hy Borrower without tender's prior written consent, e."eluding {;.l} the crecuion of a lien Of encumbrance subordinate to
<br />this Deed of TrUll. (b) the creation I,)j it purcha." moot') ~...:unty interest for household applHUlces. (.:} a transfer hy devise,
<br />descent or by operation of law upon the death of a jtHnl lenalH ur {..:) the grant \.:d any leasehold mterest of lhre:e years or less
<br />not conhltnmg an opt~{m to pun.:h.ue. Lender mol)'. ;It i .ender\ option, declare aU the sums ~ecUfe,j hy Ihis Deed of Trust to be
<br />immediately due- and payaMe, Lender 3hail na\t.c W-afVei! s,ui:h oplwn tu ac\:derate 11. prior h) the sale nT transler, Lender
<br />and the person to whom ,fhe Property IS to be sold or lransferre<l reach agreement 10 writIng that the eredi. of .uch person
<br />is satisfactory to fender and th'lI the interest p.yable on lhe sums sccured by this Deed of Tnlst shall be al such rate as
<br />Lender shall request. if Lender has waIVed the Opllon to ae~elerate proVIded in .hlS paragraph! 7, and if Borrower's successor
<br />in .interest ha~ executed a wIlUen auun\plion it-greemcot a\:cep,ed in wnlmg h)' Lender~ Lender shall release Borrower from
<br />all obligations under this Deed of Trus. and the NOle
<br />It Lender exercises such opti{)o to ac-celer-att:. I.ender ...h~B mail Borrower notice of acceleration in accordance with
<br />paragraph 14 hereof. Such nolice shall prOVide a peflod of not less than JO days from the date the notice is mailed within
<br />which Borf\lwer may pay the sum" declared due. If Borrower fails '0 pay su~h sums prior ." the expiral;on 01 such period,
<br />Lender may, wllhoUI further nOlice or demand on Borrowe', .n",ke allY remedi.. pernlltted by paragraph 18 hereof.
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<br />N()N-UN'~OIlM COV~N^Nrs Borrowe, and Lender further cuvenant and agree as follows:
<br />Ig. AeederllU...; Remedies. Except .... pmvided in par.raph 17 hereof, upoo Borrower'. bl'Ul:h of any co.enaat or
<br />...-eat of Borrower in this Ileed 01' T....... iodudlog the eo....n_ to pay ..he" dllC ...y _ ,"",ured by this Deed
<br />01 T....... Lender prior to aeederatio.. shall __ notiee 10 Borrower iI5 provIded In peracnopb 14 hereof sp"dfylna: (1) the
<br />breath; (11 the ""tion .....uired 10 ....om s..d. .........,,; (3) a dOlle. not Ieos thao JG ays from tile date the ootke Is malIed to
<br />Bonow..., by ...,,",b .Ilcb ...........b _ boI e....e4t """ (4) that lallure 10 Cllfe sucb bRaeb on or before the date specified
<br />I. the _Ie" "-.r result in a<:eekratioo of the ....mo ..,......-ed by this Deed of T,...g and 5lIIe of tbe Property. The nollce
<br />..... fllrther inform Bonower of the nabt to ~ ..rteJ' aculer.tion and the rigbl to brintc a court aclioo 10 assert
<br />the non-exlsk..ce of . del.... or lIfty othu deI_ of B........er to acceleratloa ...... &ale, If tbe breach is nol cured
<br />_ or before the cboIe specllied In the aolke. Lender at Lender's opllon may d<<blre .u of the su..... secured by this Deed
<br />uf.,Tfiiit tv be im~~c.ly.f. aod pay'" -..iiliGut furl!=:' ~ =c! ==, inyeke the ~er of S!!M ~ allY ocher ~
<br />permined by applIe.... law. Lender..... be entJllecI'lO roIleel "II I'UIlIOIUlbIe cosls IInd expenses incurred i.. pUl1luiRII the
<br />retMdles pro"kIed '" I" paragraplt 18, Iod...... but _ limited to. r_aabIe _y's fea.
<br />If the ...._ of sale Is !to"oked, TfUIIee !IblII1 ruonf " notke of def.ult in eaelt coullty in whleb the Property Of som"
<br />fIlIIi thenof is.louted and JJhaII __ copies of liOKh MIke '" the ..."..""r prescribed by lIflP1ieahk law to Borrower...... 10 the
<br />01._.-- preseribed by appIkalllelaw. Afler lhe 1&.... of sucb 11_ as _, he .....uired by lIppIleahle law. TnuItrt studI
<br />Ii.... puWle I!!tIke of sale 1& the pe_ .... 10 the m....ocr prescribed by applkltble law. TrUliUe. ..ithOUI demaad 011
<br />~. studI HJhhePropet1y at pubIk auction to lhe hlcbest bidder at the lime and place and ullder the terms daltIaated
<br />10 IU _tke of sale fa ..., or more pareels ...... 10 nch order.. Truske may determlae. Tl'1ISlee m-.r postpone SIde of all
<br />01 ., .P8"cel of llot! P""",rly "" ptlbIk ~ OIl the ti_ ....d place of ..., previ_y liClledukG sale. bade, or
<br />Lt~'t ~ _y ,...,__IM l'Iopert, at MY sale.
<br />tJpo.. l'l'Ctlpt 01 ,.,_1It of the price bW. Truske sbaIl deIi.er to the purehuer T....tee.. deed eoonyi... the Property
<br />lIOld. 'f'h4o_tta Ia the T_ee', 4ftd IhaII be "r..... fack e.ide...,e or the trutb of lhe stalements made therein. Trustee
<br />.... .,. 1M Jll'OC:-n of die sale la the foIlawlaa order: fa) to all reaoooable ........ ...... e..-- of lhe !lAIc. hocluclintl, but
<br />....~ la, T~'. hti of ... 18Ofe. '. 3l-A of' . 1 % of lhe ..... .. price, re............ alto"",y', f_ and cosls of
<br />.... ~l (11) io lilt..... ""'.... ~ IIliI bed of Tnostt ...... fe) lhe exceu. if any, to the penoll or pelWDS leaslly e..titled
<br />........
<br />'f" ..~ Rilttt 10 1teiIMtate. Notwlth&t;uuli"ll Lender'. acceleration of the sums secured by this Deed of Tru.t.
<br />8Qrf~r "'-II !wive the rishl to h...ve any proceeding. begun by Lendrr 10 enforce tbk Deed of Tru.t di$Conttnucd at
<br />.....y 11"",l'nof 10 the ea.rlillr II> Ilecur of (I) the fifth day heforclbe sale of the Property pUmlllnllO the power of sale contaIned
<br />in Ilm DCe4. .. ofT,u$! or (ji)<rnll)' of a judl!Jl":"1 enfordnll thi. Deed "f .!rtlSt II: (a, Borrower pay. Lender llll sums which would
<br />bil. then thle under Uti. 0..00 of Trust. lhe Note and notes securlflll: Future Ad.,,",,~. If any, had no ",..;,eler.tion occurred;
<br />(b) lIot~r .:....". all lm:acbe5 of JUly olherel>yenanls or "llreemellt. of Borrower cOl.laioed in this Deed of Tru~t:
<br />(t) 8flrr-' par~ 1111 re_"l!ie e.pen~ In.....rred by Lender and Truslee it. c"f"OCUII lhe ~ov...nanu and agreemenb of
<br />9o~r ...oo~aioed in lh~ Deed of Trmt ..nd in enfm',cing hndrr',.nd Trull<<'s remed,e. a. f''ftwided in ,paragraph I~
<br />her'1lOf, lIti:tw!illl. bill nOl IImrted II>, rea"","able tIItomey', fee~, and (dt 1Ior,,~wer 10."'" "Ie" acl....n .. I "nder ""y re"s"flably
<br />requin. to >>sure tha.t the hen of tbi.s Deed ('Jt Tru~t. Ltu~ltr'"" ;nJere\t Ht ttu..~ PHlpt:-rfY afa} B-onnwer.\ oh-hgaf'iclJn tn ray
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