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<br />9. CDDflW~ The proceeds of any award or claim for damages, direct or consequential. in connection with any
<br />condemDalioD or oIher taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby """igood
<br />and aball be paid In Leader.
<br />In the event of a total laking of lhe Properly, the proceeds shall be applied 10 Ibe sums secured by this Deed of Trust..
<br />wilb the excess. if any, paid lD Borrower. In lhe event of a partial taking of the Property, unless Borrower and Lender
<br />01herwiJe aJl'CO in writing, there sball be apPlied to the sums secured hy this Deed of Trust such proponion of the proceeds
<br />as is equal 10 that proportion wbich lhe amount of the sums secured by this Deed of Trust immedialely prior to the date of
<br />laking beats 10 the fair market value of the Property immediately prior to Ibe dale of taking, with the balance of the proceeds
<br />paid 101lorrower.
<br />If the Properly is abandoned by Borrower, or if, atter nolice by Lender to Borrower that the condemnor oft'ers ,to.1Dake
<br />an award or settle a claim for damages. Borrower fails to ....pond to Lender within 30 days after the date such nOlice!$.
<br />mailed, Lender is authori~ lD collect and apply the proceeds, at Lender'. option, either 10 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 sucb application of proceeds to principal sball not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change tbe amount of
<br />sucb installments.
<br />10,. Borrowfl' Not R...... Extension of the time for payment or modification of amortization of Ihesums secured
<br />by tbis Deed of Trust granted by 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 suceessors in interest. Lender shall not be required to commence
<br />proecedinp apinst such successor or refuse to -extend time for payment or otherwise modify amortization of the sums
<br />secured by lhis Deed of Trust by reason of any demand made by the original Borrower and Borrower's successo," in interest.
<br />n, F...-...n<e by Loder Not a Waf...r. Any forbearance by Lender in exercising any right or remedy hereunder,or
<br />01herwiJe a!forded by applicable law. sball not be a waiver of or preclude the ..<ercise of any sueb ri!l'>t or remedy.
<br />The proc:urement of insurance or the payment of taxes or other liens or cbarges by Lender shan not be a waIver of Lender's
<br />righl to accelerate the maturity of tbe indebtedness secured br this Deed of Trust.
<br />12. R...... Culllllltdl.e, All remedies provided in th.. Deed of Trost are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />iuecessively .
<br />13. SUttt!IlIOI'S and A....... ISouud; JoIRt and &veral Uablllly; Capllons, The covenants and agreements herein
<br />contained shall bind. and the rights hereunder shaH inure to. the respective successors and assigns of Lender and Borrower.
<br />subject to the provisions of pal'al!"8ph 17 hereaL All covenants and agreements of Borrower shall be joint and several.
<br />The captions aod headings of tbe paragraphs of this Deed of Trust aTe for convenience: only and art: not to be used to
<br />interpret or deIlne the provisions hereof.
<br />14... Notice. Except for any notice required under applicable law 10 be given in another manner. (a) any notice to
<br />Borrower provided for In this Deed 01 Trust shall be given hy mailing such notice by certified mail addressed to Borrower at
<br />the Propcn.y Addrms or at -such other addrc:u as Borrower may designate by notice to Lender as provided herein, and
<br />(b) any noli"" to Lender shall be siven by certified mail, return receipt requested. to Lender's address stated herein or to
<br />such other addreu. u Lender may dai8J1ate by notke to 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 manner designated herein.
<br />1!~ lJaifonn DHd of T.....; Goyel'1liac L..,,; Srvenblllty. This form of deed of trust combines uniform covenants for
<br />nationaJ U3e and non-uniform covenants with limited \'ariations by jurisdiction to constitute a uniform security instrument
<br />coverln8- real propeny, This Deed o.f Tnn!: shall be governed hy lhe law of the jurisdiction in which the Property is located.
<br />tn the. event that any provaton or clause of this l)eed of Trust or the Note conflicts with applicable law. such conflict shall
<br />om affect other provisiom of thiS Deed of Tru.\t or the Note which C'.an he g.iven effect without the contlicting provision.
<br />and to tb", end the pruvisiooa uf the Deed of Trusl and the Not( are uedared to he severable.
<br />16. Borre."..', 0IpJ'. Borrower &bail ~ furnished..s conformed copy of rhe Note and of this Deed of Trust at the time
<br />of e"ocution or after "","nlation hereof.
<br />I'. TraMfer of the Prepertf; ~ If all or Any par~ of the Property or an JUlcrest therein is sold or transferred
<br />by .Borrower- without Lender", prior ~ritten conJe1lt~ t'c1udm, ! a) the- creatlon of a lien ?r encumt?rance subordinate to
<br />[his. Deed ot_ Trust, (b) the creation ot a purchaae ffi(Jfiey socunty inlcfe!t for household apphances. (c) a transfer by devise.
<br />descent or by Qpc....tioa of law upon rhe death ()f a 'Ol1lt tenant or (d) the grant of any leasehold interest of three years or less
<br />not cootllloin. an opbon to puTt',hase. I ,~nder may. at Lender', option. declare ~IH the sums secured by this Deed of Trust to be
<br />immediately due- and pay~ Lender wll h-'l'\)-f! WilJ\'ed such optjo-n to acceJerate it prior to fhe sale or transfer. Lender
<br />and the peDOn (0 whom. the Pro-perty 1$ to be wid or transferred. reach agreement in writing {hat (he credit of such person
<br />is satisfactory to Lender- and lhat the- inlerest payable on the :'.turns s-ocured by thb Deed of Tru~t shall be at such rate as
<br />Lender shaH request. if Lender has waived the tlption to Itc,'eLenue -prov~~ed io this paragraph t 7, and if Borrower's :'\.uCCe5.$or
<br />In intereSt has c.!.CCUteU a written aM;umpuon agreement accepted m wnung by Lender, Lender shaH reJeare Borrower from
<br />all obti-r:rUnder tbi> Deed 01 Trusl and tbe Note. '
<br />If exercists -such opt-ton to accelerate, Lender ~haH mail .Borrower OQ[lce of acceler-ation In accordance with
<br />;mr..ph 14 hereof. Sudt notice s.hall pro-vide a pC-fa"ld of not lc;is tban 30 days from the date the notice is. mailed within
<br />which Borr-owe~ may pay the 5~ declared due. If Borrower filii,S W pay such, sums pryor (0 the expiration of such period,
<br />Lender may. wtlhout further notlcc or demand on B()(r()w~r. lO\'OKe an)" remed.es permitted by paragraph J 8 hereof.
<br />NON~UNIFOtlM COVE.NAN1S Borrower and Lender further covenant und agree as follows;
<br />Ill. A<<<Ientdoo; R___ Ex<<pt.. pr...ldo1Il.. paracnph 17 M_f, upotl Borr....er'. breach of any covenaat or
<br />''It- of ............. ia .hlo Dotil of T....t.. includJua the conaa"" to pay wMa due any .umo secured hy thill Deed
<br />of T...., I........ prior 10 a<<eleratioR .hall mail notke 10 Dor......., .. provided 10 _raph 14 hereof .pe<ifying: (1) the
<br />........It: (21 tM actloo "",ulm 10 <Dre such bnadt: t3J a date. a'" I... thaa 30 day. from the date tM ....'ke is mailed to
<br />Bomt......, by ..Web ~ l>moch _ "" cum; ...... (4) Ihal lalIure to cure ...clt hreach on or b<fore the da.e specified
<br />I.. 1M _I<< _ mulllu a<<deratloa 01 the...... oecUftd by this lleed of Trmt and ...It of.'be Property, Th, notice
<br />dtaIl fut"lMr iaform Ilono-Wt!f bf .he right 10 rriast.t~ after iK'<<leraUon and the right to brine. court action to assert
<br />11M ftOItooexWe:ace of . del_It OF aD)' otbu deffll5C of BOrroW~f to at't.'t'leration and sale. If tbe brt1llth is not cured
<br />on ...he{"", tM date .,..,lIie4 in tlte uotl<e, under al t.ender', optloo ....y d<<lare 1Il1 of tbe sum. .ecum by thb Detd
<br />4f T1"Ut 10 "' immediately d_ aad payabJe wi.ttleut flutMr 6e-Ulaad aad may invoke tM powe-r of sak and any ofh~r remedies
<br />penalCled by appIlcaltIe..... I........ ""all be entltled to collect all reasonable ,'''''Is and upea... incurred in punuing the
<br />~ ..,...,Wet! ia lhk P'lfliIllIlIPlo 18, i1>dwling. but _ limited 10, r......uabIe altorney'. I....
<br />I' ,... PO_ 01 ...... in..... '1'....... tIulII >=ord a notke of default in each <oallly in ..ltkh the Property or some
<br />part t","""" ill Iocalo<l aacl sbaII uaalI copies 01 _It notke in 1M .........r ......ribed by a~ law 1<) Borrow., and to the
<br />......_..-ri.....by~ law. Aft...he lapoe of Rei, lime.......y 1M: "'Iuked hy appIkablelaw, Tru"oe .hllli
<br />p.. potblk U8Ike 01 ,,*. to lite _ .nd 10 tM ........... pre><ribed by applicable la.., Trust.... without demoad Oil
<br />lIanower, stoaiI.. lItel'noptrty ;WI poIIIk """tion to the b.....t hld<Hr at tM time .nd pi..... ....d under the term. d..ilI....ted
<br />lu the notke 01_ in...... or _ .......... and in _h ...der .. Tnt5loe may __. Trust.. may pn51pone .... of ail
<br />or ~ .......,J 01 .... ......,....,..,. ,tObIk _._ at tbe time ....d pi"". or aay pr.._y !iChed.."'d ,.ie. 1.,,,der or
<br />......................_ ~lIte property at any .....
<br />U""" .-;prol p.y-' of tho pri<.<t hid, T_ shall _... to the purdwoer T.....lee.. deed """''''ylRa the Property
<br />...... n......... ia the 'Ii'uMee'a deed sballbe rm- fatie ",idaK1! of the IrUIh of the .............. made tbercin. Tru....
<br />"'.lIfPl)' the ~ of lite .... in the ,....wing order: lal to all __bIe ciN. and ..pe_ ur the _, including, hut
<br />........,.,." l'nntlee'.r.."...fDOt......._ ." oIt'Jl,uf the I....... prit.", r_hleatlomey'. ""'" and.-sol'.II'" <,'!den"",
<br />iltltAaa_----"bydlittUetod ofT""",_lcl the....,.,... if ....y, In the per_ or penom lep1Iy ~Rtltl<od th<oreto.
<br />19.-.......Wt:.....te-~ NO!WilMUnding Lender'5 a.;;;~"t'lerat.Of) of the s.um:s. 1>~t:ur<<i by- thio;, Deed oj TrU~I.
<br />~t~f t~ ha~ tbe _ritht to have Any pnlCft'dinJl- begun by Le-nder tn .e-nfoK-t' thiJ Deed of Tm,"l discontttmt:d at
<br />~ tuN- pt'KV to_l.he- e.~ in OC\."tu: I,'lf {ll IM_ fifth day befor'C the ",ale of the ?rOpe-fiY pt_lfSuaor W 1M. {)()w~r of ~le cOfH,(uned
<br />iJltl\b:~wTtult 0{ h-lJfUtUjI bf ill )udtpnent enforcing. inn Deed of TfU:5t If: (aJ Borrower pa,ys Lendl!f all $um\. whtcn would
<br />be't-lto1'_~ t-tU.~ oi TrUlt. tm Note- and 00.0 ~curjhJ futuft: Advl1nca. if any. had fl-t.1 ~ccknu.on <x:currtd~
<br />fhl-~ -~ .U hifcachn of -any tUner 'm't:tumb- >Or "Ifeemcnto!!. of B-ort~{ conU_ioed m !hj~ need of Tru"itt;
<br />-{~J'~.-~:lj, -t! ~~_ <<;:'l~K1i im-"UrRd by Le:~r and Trustee in enfMCH1@: the I.'f.rvenaot's ~n~ 3ireeitten1.~ of
<br />~_ ~.~' In-lb. ~ (l{'l.rmt aad In 'enforcing tt'nder', and "rn,"<<<''1 (i!n-'k:d~.!i pnw1ded m paraJjtaph I~
<br />~* ~~ butn<<_ kntited-tu~ ~re .ntJf"my'~ fi..-,eJ.: i!lM! (d)-Borrower ht-k~." ~uch K1t(\-ft '-'Ii Lentla rfl.)' rt'~~nably
<br />t~ffl: f:f) ~'_ ~.hat the f~ o-{ thf:s Deed of 'trml1- t,(!nde(<~ int-ernt ~n tm Propertj' .:\od 8D-rH"\\'el"~ ohhglltiotl l\" ~ll!\
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