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<br />I <br /> <br />83_004677 <br /> <br />r <br /> <br />9. Condemna.ion. The proceeds of any award or claim (or damages. direct or consequential. In connection with any <br />condemnation Of" other taking of the Propert)', or part thereof, or f('lf conveyance in lieu of condemnation, are hereby assigned <br />and shall be paid 10 uDdor. <br />In (he event of a total faking of the Property, the proceeds shall he applied 10 the sums secured by this Deed of Trust. <br />with the excess, if any, paid 10 Borrower. In the event of a partial laking of the Property. unless Borrower and Lender <br />otherwise agree in writing. there shall be applied to the sums secured by this Deed of Trust such proportion of the- proceeds <br />as is equal to that proportion which the am-ount of the sums secured by Ihis Deed of Trust immediately prior to the date of <br />faking bears to the fair market value of the Property immediately prior to the date of taking, with the b<!lance of the proceeds <br />paid 10 Borrower. <br />If the Property is abandoned hy Borrower. or jf. :'lfter notice by Lender to Borrower that the condemnor offers to make <br />an award or settle .J claim for damages. Borrower fails to respond to Lender within 30 days after the date such notice is <br />mailed, Lender is authorized (0 collect and apply the proceeds, at Lender's option. either to restoration or repair of the <br />Property or to the sums secured by [his Deed of Trust. <br />Unless Lender and Borrower otherwlse agree in wntmg, any such applicatIOn of proceeds to principal shall not extend <br />or postpone the due date of the monrhly mstallments referred !O II! paragr.aphs I and 2 hereof or change the amount C)f <br />such insraltmenfS. <br />to. Borrower Not Rdeawd. E~tcn"k')!l (I( the time fnT payment or modification of amortization of the sums secured <br />by this Deed of Tmst granted by I cnder to any ~uccess()r rn intcr~~a (I~ Harrower shall not operate to reJea.sc, in any manner. <br />(he liability of the original Borrower and Borrower"s SUCCl'<:O;Or\ In mterest. Lender shaU not be required to commence <br />proct:edjngs .ngainst S1.tCh !iucces.~)r or refuse w extend tIme l'Of payr~cnj or other.visc modify amortization of the sums <br />\ecured by this Deed of Tnls! by reas....m of Jny demand m~d\.'" bv the 0ngm:tl Uorr0wer and [kJ.rmwer's successors in interest. <br />t t.. Forbesr.anc-e by L~ndeT l'tot a v,.ai...n. ;,,\oy f,'rbe,~r;ince by Lender HI C"xcrcismg any ,right or remedy hereunder, or <br />;)jherwl~e .afforded hv ;lppl1cablc law" ..hall not be a w,uver pf .;)r pre{;llld~ the exerCIse or any such right or remedy <br />foe procurement ot !"nsurance or lhe p.:1ymcnI ~)f taxe", nr dther liens or charges lw Lender shall not be a waiver of Lender's <br />rtght ro :3ccelera!e the m:Uuntv nf the lndchtednes~ !lccured bv thIs Deed of Trust <br />J2~ Remf'diu Cllmut.ti';~" AIi remedies pnwli.!ed m lhls Deed of Trust are disune! ;lnd cumulative t?" any other right <br />or remedv \lnde:r this Deed 01 Tru~t 0r .11forde:d bv law ~Ir eqUltv, ,tOO /l1,n he exernsed (:oncurrcntlv, Independently or <br />"lIcccssl\'~I)', .,. . <br />13. Stt<<esson and A:!\Sigm Bound; Juint and ~~'t"r:tl Uabilif:n ('aptiom. The ;.:(lVcnants and agreements herein <br />...omained shaH hmd, :ind the righh htl'cuntier ,."h,JU inure !>'. lh(: fc'~pc~r,vc ,\,lK....C!\'iDrS and assigns of Lcndc~ and Borrower. <br />:oubjC'Ct In lhe provisions ,"It p.aragr<iph ; '7 hcrt"ol AU Cdvenant'i ~wd agrttment.... nt I)orrowcr shaH he J01ft! and several. <br />fhf: c~pw:m! and headinp '(.)1' the p'.J.rilgraph..~ (..I rhi~ Deed ilt T~tbt .Jrc !pr .::onVCIHencc only and arc not to he used to <br />mu:,rpre! Df define (be provt!.n'tns hereo! <br />14. ~otke. E;\cept f<-,[ ,jOV iH.HKC rt~4\Jl;cd IHhkr ~i.pph..:;lhk !:l'A ;0 he: p"'l.'n m another manner. t;lI any nollec to <br />ijorfi)1J.~er prc.vuied for In !hl'$ Deed 0: Tru$t s.;..-aH be ~pvea h~. ;":.lJllng ~u,.:h !1{lliCC hy (cninedm.lil addresSt;d 10 Borrower ;ll <br />111t: Property Addros. or ;if sl:ch ,'fr..c~ .Hldres'!; ;!" B(1~f(lwer :;l:n deSIgnate I'V nonce ;\1 lender :t'i provided her~lO, ;}nd <br />lb.) ;;tny nOtice to 1,cndcf ..hait he gIven h.. .::crtrt!C'd mali, Idurn iCCClpt It''qllC'i!ed, i\J Lender',,; ad~rexs ~tat,cd herem ~)r to <br />ouch other addrcs.s. as Lender nuy' de~;gn3tC' l)y notice In Borrowo:r :!~ provuJcd hercm Any nOtice proVIded h.)r In this <br />Dero of Trust 1h,aU be Jt.em('d :<-' ~UH fx't'H gwcn (:.) BNW....['f' ,}f I ~Tl(1cl when ~:\'en III the manner design,ateJ herein, <br />15. UIlUttrm llfl-d uf Tn"t: (';oYff'nina f 2~: Se\"(,nlbitit~. rh1<, {pfli1 ,,! d....cJ d UUlit c~'mhU1cs unltorm (nnmanls for <br />~lailonal U:l.C .tnd IH"":;'~UfiJ!t)rm ("\'t~n:1fiU, wnh i~m:!cJ \<ir:;}tJ.;'fI, t~'.,' cUnSdl(llt1f'l t" (<)!l'St1tu:e :t uniform ~ecunty H\)trUl11cnl <br />..:o\'cnng !t;llJ property lhss ikcJ oJ rant ~h;ili h' I.',~"cnt'd tl..' ~he L!w nl lhe: Juns,dh,'uon fl1 whIch rhe Propcrtr 1:-' l{leafed. <br />In lht:'~vent In..! ~l1r rTOV!"I(~n 1.'< ~L.iUW \',t l!t,\ 1J..:",! ,,! !f,~\t ,)1 !hc ','Ie '..titl!l!:,:!', '.\Ilh dpphc:inlt: I.IW, ~tJch -.:nnflit.:t l>h;dl <br />'1{I1 atrrt't other prrn"''iiW1l5 of :h\\ l}"-:,td ol! I ;U~! ,-'f :1,.:: >';,\!C \.\hlCh \..',.n ~'t' ~:~Vt.'tl t'J1e~! \VlfhotJ{ the I..natlictlng provISH.m, <br />;m.u 10 fh~f. end tm: t'n,!"I"wn.~;>; ~:H:' P::eJ _'; I 'U'il ..\:,0 I hI.,' SOh: ,Ht': ded:Hc~j 10' h~ ...evrrtthlc. <br />U,.. Borm~,.~ <-'op,. rk\nnv..~:: ~,f;t!: I~,' !lHIIl'ilh..:J ,\ "nnt,'fJl'l'd ~,_,p'i >'! '!It' :--:V!C <inti (It :hts Decd of TfU'\,{ ,i! the lime <br />.'f C'xccutlO'O Of ~\ttCl' recOMtltm hcrt;'ol <br />17. Transie'r 0' te P~n~'; AuvmptioD. 11 J,n .'; ,,!1\ pan ,'I the Pft\PCH\' tH ,ifi i111~rest {herem IS. <;old or Ir<Hl~(efrcd <br />i',y Borrower wlthou~ Lender", PfJ,,\! "fll!cn ~',:':l\Cn{_ <.:\(:;~;JjllF ~.i! lhe C,t':Jtlon lIt ;.J IIt..n 0: l:ocumbn.nce 'itth(lrdin<ttc to <br /> <br />~,~~;~r .~~:r:.;::~~:,~~ ::;el:~e~ll:~: :~/J;~~f/~,~:!)~l \;.l::,~i::~.~'-;~n~l:;t ~'~::~~~~~t !:;':n~)f,l~\.~!tll:)I~~:~h~:~~~~~~fi~: ~~i \~~:::;~~:~~~~ ~,~\'l~;~ <br />nnt CCtllt:U!Ung';)'fl ~\ptlun ;~, purd1J.M:', I I:nJi':r '11.;)\ .if l ....nd~r "I l,'rO,H\, Jc-d,!IC' ;tli the sum!. ~ccured !)y thi~ Deed n[ Till,;ll...' he <br />~,nl:n~dl~tell due: lUlU p,,1,vahk i cntlcf 'iha;! )-;;,y( \";j,"'~'d '\\1":'/1 ld ,1,-cetenHe d, pnof to !hc :.~lie \'r tra~sfef. l.enDer <br />,md dlC pctson hJ whom ~h;;: Prop.t:,I1:\' ,~ w ~c ;-..i,;J "I re"'d...:h :!!i:fC\;ment III wCllmg thai lhe credH (1r ~uth pt:1\on <br />j~ ~att1;t4\.':1Qry to Lender ;uld thii,l :h~ H.~Cfnt p;tVolh!c nn !!'ltl' "HillS :\~.t.:lJrt'd !w Ihh Deed ~lf Trusl ~hJlil be at such rale J.:. <br />Lcn~t' ~haH rcquat. It f ~ndeI h::h w.u\('d th(' "p~II,H\ h\ .li...:\.'ICfi:i!C prl,w1ued ;n Iht.. J1.;nDgntph l '-~. snd If fil)frOWCr's, ,',Ut:cC'i.'wr <br />to Hilerns h;n c:tn-utcti ..1 WflHcn ...\.\.unl~~H,m d~J:c~rn~r;t ;j,.;~eptd If' ....;!Hnn in lender, 1 "ndcr ..hall rdca'je !h'>rfower Irom <br />,iH n~hg':UK)fU under ;h~C\ r~d "t r~-u"'t "no Ihe- :-i.'It:' <br />t! L~~r r"en:uc~ ..ud'l: I.Ttwn h} ,n.:,(ckr.:1!1:o ! t,'Ouc'f "h;tll '1'411 HnH,'',.I.-iCf !l"'Hl.:~ ,1! ~K~elef~tlnn H~ :!Ccordarn:c- wllh <br />l'Qra~faph 14 hcrroL Su.:h :~......h;..e j,.!\aii t'<ln,'.d~ .i ~f!l..wJ ,>I [h.l ;!.',,~ nUn Iii d.:l\'s. Irom (he oat.\:' the nOllec I:) mailed \ldthin <br />...-h.ch lk>tro..,{cr mJ.) P3\- the ~.l.im'!.i J~i;UCiJ Uu~, It Rmn)w('f Lub h' j:',;n 'tu;;h !oum':i prwr TO the eXpttatlOn ot Sl.u,:-h pcnoJ. <br />i cuder fl\;l~. \l.HMut iutlt,c:r Both.1: .'f Jcmaud 011 R~ln\\\IoCI. ,/1'>\1"(' 'Ill\' ft"rJH."dtc\ pe:rnuued h~' p:nagraph I R hereof. <br />:-.iON-t.iN1H>>tM t \;\ ~ NAN} ~ B,lJ'ru~'1Cf :Hl\.l 1 cnuu 11lSlhcf \.:{,YCflafl! .tTtd a~r~c: >IS toHow'\> <br />IS. AcccltTlthoD; I(t:m.dtn.. .:utpt ti PfOt'Kkd in pa......,.,.. 17 b~~ot.. upou Borru.....er's breach of aD)' COU;'RallI or <br />ilCfftftteat uf Borro'fl!:ff in lb.", IHt,od uf 'rfW6(~ iududinl the Hn~,..nb 10 pa,' wh<<n due any s.ums secured by this f)~e-d <br />uf 1..... l~..f prior to a<~nUoft ,\11... m_ noCkC' (O: BorrowU'f Wi pt'Cnlded io panapapb )4 hereof ~pedfyilll~ tl) the <br />htt'kft; (2) taw khoa rfllUtre'd (u ,'UR' ~Uf:h tm-adt; (3) a dat~~ no<< less Ibu 30 days frOID 'he datI' the nolke is maUed Co <br />.....ro........ by '"..hkh \lKh bftach mWit be- ",urN: and (4, lbat f.hlre- to l'U", ~u('h breach on or bc-t'ore the date specified <br />in d.. ftOoli<1: ilia,)' ff'wtt in iK\'(':lcnuon of thC' wflm liKttrfif b) ttNs 1><<4 ol .1'rmt and we of 1M Propeny. The notkr <br />....... flWthfl iafonn BorfO","Cf uf thlt ridtt to I'd_ate!' .aft" &('ffltonuiou aud t~ riltht 10 btinu <Ii court 3<,1;011 to liISHrt <br />tbe "'oC'..istf1l<'t" of a ddat;th uI' ;tAt ulMr de>ffltM of' BOJ'f'o-.er '0 an'~'~ration and Mlle. Jf the breach is not t:urW <br />uc. M bd~~ t~ =~ ~~ ~~ i~ noUc~. Lemie-t Ai l...tnd~':! QPl~!! may de1:iarr aii of the ~lUns S('~urni iI,. ihb Hc.w <br />of Trusi ta _ ~d.y d~.tmd p.yabk _Knout funDff dHn." ami ma".' ltn<okt the po"'<< of die aAd any oIh.ef' nmniies <br />Pfl....tfli ~ _pplKabk ia.., l...t-mkr~.u ~ ~..'ifkd (0 ntH<<-t ail .<<:1bUaabic- H"ttt iUtd e~fk'lbb iiH:urrri in piu-suing thi; <br />I~ pt'V~t.kd in lta. p2lr.IC.r.apil18, h:tduwnc. but nut limned to. T~MOUbk lllttora~,.', fea,. <br />If tM po\U# of _ k ilnoked. '1",,"," ..hail r<<onl a rwtKC' of driault in radt county in w'hkh Ute Propert,V 01 some <br />part theftOf' is io<ait'd ud sb.a&I mail cU>pin of ,~h nutt<< in tM- maftfWf' pnKribrd b.r applicable law to Bonnw~r and 10 the <br />"'............- _ribe4 by appli<abIc Ia.... Aft.. ,h~ tat- ..f ...d, li_ .... ""'Y "" t~qulRd by applle"b1~ Ia.., Tru.tff ""all <br />lthfe pvWk Ilf.J.tk<< of .:wtle to lhe ~twa!o ..nd an Uw Jfta'UlIrf ~'ibrd b,. applicable la~, TrUSl<<. witbout demitnd on <br />&eno.Cf'."'" d liMo 'Topt'tiy at pttWk aUdlOft h.. I'h. hiaarsl btddt-r .i lhe iime and pbM:to and under the terms desianJ:tlw <br />iQ the notice of sak ill CHIC ur f:IfUf't' pU(,f:'bi and in ~ucb mdn ~ TnlMt't: may dif'ltrtni.oc~ Trm.ee ma)' pU$.tpone s.:Ue or aU <br />():( uy pand of Ittt' Pntpttty hy ...wi( aDAOtlfKC'IIM'M at ,he! .illN' ~nd plat.'t' t)f :to)' pre" ioWiJ) M.'ht-dult'd ~aIe. I.f'ndc.r 01 <br />I~_'.~. _y P"''''''- 'b~ r......rlr at aft) ....... <br />0..... ff"(:tipt,ol pa'IJW~' of 'hco, prke bid. ff'tbl1i:t' ~hall deli\'f"f to Ihe punha..~r Trusl~c'.s deffi ('on~'(')hlR the ProJKr1~ <br />,~ <~ rKirak itt 1M Tf1U,iu's tkot'1i ~bd be- prim. f.fK'K- e''''Gc~ of the butb uf thl' ~tate-m~nu madt' IMedn. Tru\tt'e <br />...,....,'... fN~""ff4s.d the Mlk m ttw fo"'""ia& ~.r: UI:t, to all n:~nabk- ~'(O'Sb and ~",...ift of the sale. indudfOft~ but <br />..liRtit_ to" 1 t1itM<<', C", of Dot nlOfe I-bu i!'\ "~' of lilt' Jttl~ d'k: ptk't'~ u"tif)tlahle llUomey'\ fe~ and U.l.St~ of <br />ride: ~.: (b) to aU:\tUti ~...t-f'd b, tha ~ of 'fnn.t:. :Ult' (", thf' nen!i, if an)', 10 'bl" pt"r!oOn or ~n(tm lea"'.,Y t'ntide:d <br />''''""It>. <br />19. ~f"J R!&ht to a...Ub:t..... 'Jot\.qth'\fiinJmJ i..t;'mkr.. a,:i.:d~faw."n d the ',um\; ..I.:o:mn.i b~ IhJ~ Dcc~ \J( I iil'>l. <br />~~t'""~f ,.;;h.JI n-av(' 1M n~tH h~ h,;'\o:e otn) pnxceJm~:lo beuufl h~ t emkr \1..\ t:ukrce 111;..: lli."1.'d u{ rm~~ ~h".....ontHwed at <br />dIt)' h(~' prwr H~ H~ <~lhe( h.~ i:!OO:\,'Ut ~J( W the fifth U,DY bcJ~'1f'C the ~Jilk of the }'r'Upcr1Y pllniu~"t III the r"'Vol;';C ~A s.ak ~.tml.lUlt'd <br />l>"llhM.llatd(~( ~fHl(UI ;HJenH') (.! a JH~.#ft~,nl ~nJun:mg{hh Deed of' Tw;,t }~, Iii} ll;xwwcr rn),> 1 endet 'ill...urn." \\ht'l.:h ""',,'u)'1 <br />t~ t~ Jue ~Adtt thl'.'l\ t:"rt;J {If TJHf,.t, lhc- Nut-I,'; and Il()tc~ >;e...,Hflll!1 Futuf>.: '\l.hatR:c~. tf :lfl\' , h;ld 11:(1 ~,:\':d't'r.Jiwn t\<..:1.;UflCt,L <br />1nJ fJo.lfJU*"f i:i.Jft\~ aU bt~~dlh lJi ,an", dhe,f "':(H't;:l1.Ulh \.H Oigr'C(,ftWoh, ,,( tim fIY',lol:'r um(ailh~d If) tlw;. th.'nj ~l! l' fU....!. <br />il;:) A.(:ifT,(l.-..'t;"f paY\\.liB r~ll1J(n~hk ~\flCi\""'iO H}\;~.U'(\j by (cl'!dcr aoo Ttm.H.:~ Hi t'nh1f(Hljl: the ...'....t'fHtilf\ ;Hh.l tt~rt'CJrHHli' ~,I <br />IJ-tUfQ';WCl ,"'~.)'fUj~f~ It; lhl' t.~ nr lxu:it ,l:hd In c,nJt.trqng L~nder '; .4nd rfU'j,I~'t'\ feme'\hc:!. i.i.:' ptCt\h.itJ 1\1 l;~HOl~f;].ph is <br />~~i. i~'h:l\JH~" hvt !.'k:Jot lttH!'t(ii !f:o, H~;t~il~l.bk ~Hi,)rnt":f\ f~s" MId hH ilt'Hn~~';;-;- t.jh'~ '\.i.H,h .aI.:IH'H.:;;'" :L.rndn rna" ;el'~,..ft,jhh <br />,~~~tf'( ~\'\ ~1~..., tn;tt tfil.: ht:n thi1- Ot':,*G (.1 ffH\C Lt't\~r ~ ir.{Ne\ct m !l\o: Pf~'f~n..., Ml:d H')n\,'\'~-!.'(!o '.ll1hpaliPn (" t~"Y <br />