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<br />,9. Condemna'lon. 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 partlhereof, or for conveyance in lieu of condemnation, arc hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a total taking 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 evenl of a panial takin, of the Property, unless Bo~rower and Lender
<br />otherwise agree in wriling, there ,shall be applied to the sums secured by th.s Deed of Trust.such P!oport.o~ of the proceeds
<br />as is equal to that proportion wh.ch the amount of the sums secured by th.s Deed of Trust Immed.ately pnor to the date of
<br />taking bears to the fair 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 is abandoned by Borrower, or if, after notice by Lender to Borrower Ihat the condemnor offen to ~ake
<br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such .not.ce .s
<br />mailed, Lender is authorized to collect and apply the proceeds, at lender's oplion, eilher to restoration or re"",r of the
<br />Propeny or to the soms secured by this Deed of Trust.
<br />Unless lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amounl of
<br />such installments.
<br />10. Bono..", Not Released, Exlension 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 nol operate to relea,se, in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. lender shall not be requtred to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />secured by Ihis Deed of Trusl by reason of any demand made by the original Borrower and Borrower's SUCCe5S0n m interest.
<br />11. Forbearanee by Lender Not a Waiver. Any forbearance by lender in exercising any right or remedy hereunder, or
<br />olherwise afforded by applicable law, shall nol be a waiver of or preclude the exercise of any such ri~t or remedr.
<br />The procurement of insurance or the payment of taxes or other liens or charges by lender shall not be a waIVer of Lender s
<br />righl 10 accelerate lhe maturity of Ihe indebtedness secured by this Deed of Trust. , . .
<br />I Z. Remedies Cumulative. All remedies provided in this Deed of Trust are d.stinct and cumulallve to any other fight
<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. Successors and Assi&ns Bollnd; Joint and Several Liability; Captions. The covenants and agreements herem
<br />contained sh'lll bind, and Ihe rights hereunder shall inure to, Ihe respective successon and assigns of lender and Borrower,
<br />subject to the provisions of paragraph 17 hereof All covenants and agreements of Borrower shall be joint and several.
<br />The captions and headings of the paragraphs of IhlS Deed of Trust arc for convenience only and are not to be used to
<br />interpret or define lhe provisions hereof.
<br />14. Notice. Excepl for any notice reqUIred under applicable law to be given in another manner, (a) any notice to
<br />Borrower provided for in this Deed of Trust shall be g,ven by mailing such notice by certified mail addressed to Borrower al
<br />the Property Address or at such other address as Borrower may designate by nOlice to lender as provided herein, and
<br />(b) any nOlice to lender shall be given by cerllfied mad, relum receipt requested. to lender's address stated herein or 10
<br />such other address a> leoder may designate by nOlice 10 Borrower as provided herein. Any notice provided for in this
<br />Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manocr designated herein.
<br />15. Uniform Deed of Trust: Governi.. La..; Severability. This form of deed of trusl combines uniform covenants for
<br />national use and non.umform covenants with limited variations by jurisdiction to constitute a uniform security instrument
<br />covering real propeny. This Deed of Trust shall be governed by the law of the Jurisdiction in which the Property is located.
<br />In (he evenl that any prOVIsion or clause of Ihis Deed 01 Trust or Ihe Note conllicts wilh applicable law, such conllicl shall
<br />not atlect other proVISions of this Deed of Trust or the Note whIch can be given effect without the conflicting provision,
<br />and to this end the provISions of the Deed of Trust and Ihe Note are declared to be severable.
<br />16. Bono..er', Copy. Borrower shall be furDlshcd a .onformed .opy of the Note and of this Deed of Trust al the time
<br />of execution or after recordation hereof.
<br />17. Tr8IOIifer of the ..........y; A.......... It all or any part of the Properly or an interest therem is sold or transferred
<br />by Borrower without Lender's prior written consent, excluding (a) the creation of a lien or encumbrance subordinate 10
<br />this Deed of Trusl, (b) the creation of a purchase money .ceurily interest for household appliaDCC$, (c) a transfer by devise,
<br />descent or by operalion of law upon the death of a Join( le....nt or (d) the grant of any lea.sehold interest of three yean Ot less
<br />not containing an option 10 purchase, lender may, at Lender's opuon, declare all the sums secured by this Deed of Trust to be
<br />Imme.Jialely due and payable. Lender shall have waived such optIon to accelerate if, prior 10 lhe sale or tra..sfer, Lender
<br />and (he person to whomJhe Property is to be .old or transferred reach agreement in writiDa that the credit of sucb person
<br />i. satisfactory to Lender aod thai tbe interesl payable on the .Ulm secured by this Deed of Trust shall be at such rale as
<br />lender shall request. It lender has waived the optIon to a.celerale prOVIded in this paraarapb 17, and if Borrower's successor
<br />in interest has exccuted a written assumption agreement a~'Cepted in wfltlO' by Lender, Lender shall releue Borrower from
<br />all obligations under this Deed of Trust and lhe Note.
<br />If Lender e>.ercl$e5 such option 10 accelerate. Lender .hall mall Borrower lIOIice of acceleration in accordance WIth
<br />paragraph 14 hereot. Such nollce shall prOVIde a perJOd ot not Ie.. th.n 30 days from the dale the notice is mailed within
<br />wh<<;h Borrower may pay the sums declared due. It Borrower fa,ls 10 pay such su_ prior to tbe expiration of such period.
<br />Lender may. WIthout fUrl her notice or demand on Borrower. Invoke any remedies permitted by par.....ph 18 hereof,
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<br />NON-UNIfORM COVENANTS. Borrower and l.ender funher covenant and aarce as follows:
<br />Ill. Acceleralioe; Remc4lcs. Execpt .. provWe4 10 paracnopll 17 ~. .pM ............ ....... 01 ...y coveAMl or
<br />..-cal of Borro..er in 1m. 0ee4 01 Trust., iacllI4iItc the cov~ 10 JNI1 ...... due ..y _ IICCtIRd by thla Deed
<br />of Trust, l.coder prior to accduallolo IibaU IDlliI notice to Borro..er _ provided Ia .....nopIl 14 bcnoI spcdfylae: (1) Ihe
<br />.......,... (2) the aclloa l'COfuirc4 to cure """II lIrcadl; (3) a date, _ ... ..... Je ...,.. f.- dac date dac aotice is IIIlIiIcd 10
<br />Borro..er, by ..hiell ""'" lwacll ....... ... c~ ..... (4) Ihal faiIlII'e to c..... lUCk brado _ or lIeforc dac date spccilied
<br />ia lhe ootlce may result in accclef1llloa 01 the ..._ secured by tIoia 0ee4 of T.... ..... .. 01 dac Property. Tbc ~
<br />....... further infor:m Bonv..er of the ..... 10 ftiaslal" .rler JlCccleratloa and lhe ri&III to ...... a _ actioa 10 _rt
<br />the .........x.istcnee of a lief..... or any other def_ of Borrower to accclcnlloa ........ If the brado is DOl cured
<br />OR or before lhe date specilicd in t'" 1lOIke, Lcaclcr at Leader', opfioa may cIcdan .u eI. the _ IeCtIrcd by tIoia Deed
<br />of Tr....lto lie illlJllcdiatcly dlle ..... payalllc ..idoeot furtlla ............... _y iev. the po..er oI........y other maetIIcs
<br />permJ&tctI by applicable Ia... Leeder IibaU lie catidcd 10 roI&ccl all re_..... c_ ..... u.... hIaunoI .. Ptll'lllittc Ihe
<br />remedies provided ill tIoia panIC...... 18, iadlMIia&. but _ lillliled 10, ....-.... '""-y', f_
<br />If the PO"'" of .. is Iavukcd, Trustee shall record . ootlce of lief..... Ia cadi COlluty Ia ..Well the Property o. IOme
<br />part lhereof is located _d sItalllDllil eopia of suclIllOIke Ia the _r pracrillcd by ."akaIolc Ia.. 10 Bono..er ..... 10 tbe
<br />oJbcr .pusoas prescribed by applicahIc law. After the lapse of sucb lime .. _y lie ~ by applkalllc Ia.., T..-c slIa1l
<br />lIiv" public noIie" of uk 10 dac pcn;ons ..... 10 lbe ......DC! pracrillctl Ity lIJItIliealIlc Ia... Tnoiike, ..Idaout lIe__ on
<br />Borro..er, ..........n dac Property at public lUICJioe 10 the Iliabcst. lIIoWer at tile tiasc .... place ..... ..... dac terms dalpated
<br />Ia the notice of .. in _ or _e puce" ..... 10 sucb order.. T..-c _y lIetenalac. TIWIce _y .......... uk of .u
<br />or ...y punt of lhe Property by pubIk _,,-.. at ,,,, tiasc ..... place of any previnMlly lIChcoItIIcd... Le.... or
<br />t..cackr'. tIeslpec may purea.- dac Property at any uk.
<br />Vpoa receipt 01 paylDClll of dac prlee ..... Tnmee shall lIeliver 10 the pon:hMcr Tf1lIiIee's deed coavcyltt& tile Property
<br />sollI, TIM redtals Ia ,he Trwtcc', deed slIall ... priJN flOde evitlcace 01 the lnIIh of IIIe __... matIe Ilocrda. Truslcc
<br />........,.,. tile proecds 01 tIoe .. in the followiatl ortIer: (a) 10 all rcasaaabIc "'*' .... e~ 01 I'" Ale, lnclaclial, bul
<br />-liaoltetl to, Trwtcc'a f_ 01_ _ Ihu .05 % of ,,,, 1fC*" price. re-we atl9raq'. f_ ad c_ 01
<br />tide Cl'1dcace; (It) 10 .. _lee""'" by tIoia Dec4 of.r...... ..... (e) I'" exc.., If "'y, to I'" pen1DII or pc_ JqaIly milt'"
<br />.........
<br />19. Borrower's ....110 ......e. NOIwilhstandina Lender's acceleration of the sum. ..."Cured by IhlS Deed of Trus!.
<br />Bor,?wcrr sh.1l have the riaht to have any p'o<;ccdin,s beaun by t.ender 10 enforce Ihis Deed of Trust discontinued at
<br />any !I_ pnor 10 lhe ",a,I,ler to occur .of h) the Ilflh da,y bef?,e the ""Ie of I~ Propeny pursuant 10 the power of sale .ontained
<br />In thIS Deed of Trust ,!r fn) Cl\try 01 a )udgment enforclOa IbIS Deed of Trust .f: (a) Borrower pays Lender all sums which wOllld
<br />be lhen due under Ih.. Deed of Trusl, the Note and noles """ufl/11 Future Advances, If any. had no "c<<teration ol:<;:u",d:
<br />(bl Bott.,.....,r cures all breaches of any other c.,venanls or agteements of Borrower <nnlained 10 this Deed of 1',,,.\1:
<br />(e) Borro..~r pay' al! re""",.ble e.pm..,. mcurn:d by tender and Trust~ in ellForcins the ,'Oven"nb and allr<<mc,ui ,,(
<br />Bott~r con~alDed tn th~ Deed of Trusl and ID en"".cma Lender', and 1'ru,t""', remedies as provided in par"llraph I R
<br />hcr<<tf. 1llC'ludin" butnOl hmlled to. reasonable altorney s fee.: and (dlllorrower tak", such &et,,,,, .. ,"-"nller may ru","ably
<br />'''qmr" to ...ure that the hen of th.. Deed of Trust. tender', inlerest ill the Properly .nd Borrllwe,', obliaalion '" pay
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