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<br />9. Condemnadoa. The proceeds of any award or claim for damages, direct or comequential. in connection with any
<br />condemnation or other taking of the Property, or part thereof. or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid 10 Lender.
<br />In the event of a total taking of the Property. Ihe proceeds shall be applied to 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 />olherwise agree in wriling. there shall be applied to Ihe sums secured by this Deed of Trust such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of
<br />t.king bears to the fair m.rket value of the Property immediately prior to the d.te of taking. wilh the bal.nce of the proceeds
<br />p.id 10 Borrower,
<br />If the Property is abandoned by Borrower, or if. aher 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 the date such notice is
<br />mailed. Lender is authorized to collect and apply the proceeds. III Lender's option. either to restoration or repair of the
<br />Property or to the sums secured by Ihis Deed of Trust. . . .
<br />Unless Lender and Borrower otherwise agree in writing. any such apphcation of proceeds to pnnclpal shall not extend
<br />or postpone the due date of the monthly installments referred 10 in paragraphs I and 2 hereof or change the amount of
<br />such installments.
<br />18. Borrower Not Released. Ex.tension 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 not operate to'relea.se, in any manner.
<br />the liability of the original Borrower and Borrower's successors in interest. Lender. shall n~t be req.U1r~ to commence
<br />proceedings against such successor or re-Juse to extend time for payment or otherwise modify amortrtal1on of the sums
<br />~red by Ihis Deed of Trust by reason of any demand made by (he original ~orTower and Borrower~s successors in interest.
<br />ll. Forbrearaace by fAftHr Not a Waiver. Any forbearance by Lender In exercising any Tight or reme~y hereunder, or
<br />otherwise afforded by applicable law, shall not he .;l waiver of or preclude the exercise ot any such fI$ht or remedy.
<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 />fight to accelerate lhe maturity of the indebtcdnes.... .secured hy Ihis Deed {)f Trust.
<br />12. Re~ CUlDuJative-. All remedies pHwlded in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust ot' afforded by law or equity, and may be exercised concurrently. independently or
<br />succ.essively.
<br />13. SIK"Ce!iSOB and Assigns Bound; Join' and Sevend Liability;. Captions. The co\'e!lants and agreements herein
<br />contamed shall hind, and Ihe rights hereunder shall inure to, lhe respective successors and assIgns of Lend.e~ and Borrower,
<br />subject to the provisions of paragraph 17 hcreo_l All co\'cnants and agreements of Borrower shall be JOlOt and several.
<br />The captions and headings ot the paragraphs of thiS Deed 01 Trust arc for convemence only and are not to be used 10
<br />interpret or define the provisions hereof,
<br />14~ Notice. Ex.cept for any nOtlct reqUired under apphc.-l.ble law to he gr...en tn another manner, (a) any notice to
<br />Borrower provided for in this Deed of Trus.t shall he gIven by rnadmg such notice by certified mail addres.~ 10 Borrower at
<br />the Pro-perty Address or at such other address. as Borrower may designate hy notice to Lender as provided herein, and
<br />(b) any notice to Lc<nder shall he given by certified mail. return receipt requ.ested. to Lender's ad~ress sta~ed herei~ or too
<br />such other address as lender may designate by nOtlce to Borrower as provIded he:cm, Any notJce provided for In thIS
<br />Deed of Trust stuH be deemed to have been gi\len in Borrower ('C l:cnder when grven In the ~anne~ designated herein,
<br />15. Uniform Deed of Trust: Governiflk Law; Severabili1y. I hi'" form of deed 01 rrllSl ~omblOes umform covenants for
<br />national use and non-uniform c(l\'enanrs wilh hmlted vanatlons hy jurisdictIOn w constitute a uniform security instrument
<br />covering reat properly. "This Deed of Tru!it shall be Ko...'crn.cd by !he law t)f the Juri3didion 1Tl which the Property is located.
<br />1n the event that any ~rOVlil{m or dause of thiS Deed of 'Trust or _the Note conflicts with applicable law. su.ch conflicl.s~all
<br />not affect other provisIOns of IhiS Deed of Trust or the Note.... hlCh can he gwen effect without the contllctlng provIsion,
<br />and to this end the provisIons of the Deed i.1/ Tru~t and the Note Me declared to be severable.
<br />t6. BorroWK!l Copy. Borrower s.hall be furnished a ..:onformed ,,'l)PY of the Note itnd of this Deed of Trust at the time
<br />of execution or -afier recordation hereof.
<br />17. Tnufer of the Propt't1y; A85UIDp(ion. If an or any part flf the Property or an Interest then:in is. sold or transferred
<br />by Borrower without Lender's pnor written ~on~nl. e_....c!udmg (a i {he ',:rcallon 01 a lien or encumbrance subordinate to
<br />this Deed of Trtllit. (b) the creation of a purcha..-....: money secur!!)' mlerest for house-hold apphances, (c) a transfer by devise.
<br />descent or by operation of taw upon the death of ~l 't.m! tenant or (d i Ihe grant of <In)' leasehold interest of three years or less
<br />not containing an option It) purchase, I ,tllder may. at Lender\, 1.)[Hllm, Jt.~-ela.rc :111 the sums secured by this Deed of Trust lO be
<br />Imlnediat~l)' due and payable. Lendt:r shali havt' .... <il'...ed ':Jtlch option h} accelerate if. prtor to the sale or transfer. Lender
<br />Jnd the person to whom the Property IS to ~ ~olJ l\r HansJcffl.'t.f real.~h agreenlent III writing thaI lhe crcdil of ~uch per:son
<br />is; s..atisfaclory to Lender .and thaI the H11erest payable PH the ~lJ!m, s~L"ured by this Deed of 1 rust shall be': at such rate i;l._'>
<br />Lender shalt request. 1f Lender has wiuvcd the upllOll to accelnate pro.....'ded In thiS paragraph 17, and if Borrower's successor
<br />In mterut has executed a wnlten assumption agr-eeme,tit ac'-epted HI wrHlng hy Lender, Lender ~hall release Borrower from
<br />aU obligations. under thi~ Deed, of Trust and tM Note.
<br />H Lender exercises ~uch {)ptlon h) ;ic(;dcratc, I.ender ...hall mad HOfrower notice of il-Cceieration in accordam:e with
<br />paragraph 14 hereof. Such nottce shall pruvidc a peri!)d 01 not !n~ than _W uay~ Irnlll the date Ihe notice I~ mailed within
<br />which Borrower may pay the 3Ums. Jedllfc-d due:', It Horro","'cr Lld~ 10 pay ,>uch sum.. prior tn the cxpmnion of such period,
<br />Lender may, wlthoot further notice (If dem1tnd IHl B-orw,*cr, fln-nke .my rel1lt'dH;;o. permitteJ by paragraph 18 hereof.
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<br />Nt)N~UNIN)JtM COVfNANfS Borrower and t.l.'mJ<:r II.Jfthec {.'ovenarH dod ugree i.lS (ollow3;
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<br />18. Acc:e-kralioa; Rf'm~ Excrpt MS provided in parq:raph 17 hereof. upon Borrower's breach of any ('ovtnant or
<br />a&fft'IDe'--O' of Bono.....<< in lb. DeflI of Trust. indudin& 1he cQYrltanb 10 pay when due DRY sums iet:uced by 'his Deed
<br />of Tnm. IADd<< prior to jtc:ceteradon ~h.U mail notkr to Bol'TO"'u as pro\-ided in p8ra&-rapb 14 hereof specifying: (I) th~
<br />bfttKh; t2l tM action r~uind to cure sucb bf(!a(:h; (J) a d..e. uot 'eM than 30 days from thf' date the notice is mailed to
<br />Bot'ro'Wef. by wRkb ~\Kb breach must be cured; and (4) that faitur.: to cure such b~ach on or before the date specified
<br />in Ule nutk"t' mal' -refi.ult in >>-l"l.'ekOltioa of 'he SUBb ~cund by this llecd of Trust and sale of tbe 'Jroperty. The notice
<br />s.... further inform Bonowu of tM right to reins-tatt! afler jKcC'w.rufion and the right to bring ,8 court action '0 a.~wr1
<br />the ~~ uf a defllult or an) otbcof defconH of Borrower It) acceleration and sale. if the bnach i~ not cured
<br />OR or beforr tM dal~ sp<<ified in tbt" notiCot. Le-mlltr at l.encle..-'s option may declare all of the s.ums sec:ured by Ihis need
<br />of Trust to he imnw4iatt'ly due ltftd payablt! withuut further demand and m.y in\'ok.~ th~ power of sale and any C).her remedies
<br />penaitted by appfk:abk law. Leuck-I' shall be entifteod to ('oDn; all r-\!8SODable cos(s and expenses ineurred in pursuing Iht!
<br />fC'mccUes pnnided in this paracraph J S. indudina.l but nul limited lo~ reasonable attorney's fees.
<br />If 1M power of sale is in\'-oked. Trutee shaD record a notice of default in each county in whkb the Property or some
<br />pllft t~f b located .Ad 'Shall mail t'opia of sucb nuiice in (b~ manner prescribed by applicable law to Borrower and to the
<br />..her.......... p.....,ribed by appIicable I.... Afl.r tho la.... of such lim. .., may be rr'lWred by applicable Ia.., T.......e sball
<br />giY-e- publk notke of AAco 10 tbe persom and in the lna8Mr prescribt-d by applicable law. TrlJstee~ without demand on
<br />80rr0-~-rl -.u Jdl t~ Property at p.blic aut:tion [0 the highes.t biddrr at tbe time and plact! and under the teonns desif(nated
<br />ilt- the ootic-e 01 sale in OM Of mor~ par("f-b. ami in ~Ut'h .order as Trustee may determine. Trmtee may postpone sale of all
<br />Of aay pared ~f tM Property by public -ilJUJOIlncrmenl at the time and plal."r of ,any pre"iousho scbeduled sale. Lender or
<br />I........... doslcMe may purchase the Property at any _. .
<br />tJptm rKdpt of payl'M:llt of tile pric:e bid, Trustee ~b.aU deliver 101M purchaser TrUl:itet'~ dnd cODveying the Property
<br />sokl. "l"IK- redtala ja e. 'Tntldct-'!!i deed shall be prima fade e~'icklu:r ~r 1M truth uf the statements made: therein, Trustee-
<br />.... apply tIoe """'"'" of the sale In the fo>llo..il>a urdu: (al to all ..aw...bIe cuoto .nd ..pen_ of tho ..1.. i..c1udine, bUI
<br />not iiMitect rot TfdStff~!l lea of not mon than _ ._L.. Q M' % of the gTOti sale- price. f('"awnaWe attorney;" fRS and costs of
<br />~..::..Weate: Ch) to alI-iW'IU llii<<ured by tbbtl><<d of 'f'ntii.~ and {(') tlt.- eXCeM. if any. fn the penon 01' penons legaDy entitled
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<br />,t. 80n0w~rJ-..... to R~. Not'\,v-lt1atafil.hng L-ender'\ ...cl:('.4enuwn ,:)f Hk ",urns -st:cufed by thIS Deed tlf Tru!il,
<br />8or-r'!*tt shaH have the tflj;ht to ha'o!e il,ny proceedmg, hegun by l.ender w el1h'fl.C IhiJ!. Deed o-f 1'rll<,;t discolltinUt::d at
<br />"'flY l,tn'"~: P-f_l'Of to-,the ~II~r- !O()(;l.:Uf .'-11 (I) the fifth d~)' before the 5.ak- of the l'ropcny p-tlr~u<mt to fhe power of sale l:o'ntajn('~j
<br />v\ .hwDec!Jo-f Ttl.J$t p-r (Ii) entryola ludgmGfil c,nforcmg lhi\ Detd of Trust If: tiil 8ort'ower pay", Le-nder all StilUS which would
<br />hit_ theft due- UrnkT Hu~ need of Tl"t~~l. fhe' N-otc .and notes $eeUftng PLJtllre Ad\flin(;~. if any, had no iiCCe!CfuIH)O tx~urn:d:
<br />~b) bot'ntWCf (;.uteJ aU hfeK.hc~ i-~l any .,"\trna ..~o\'eOilnb. or agr<<l1lC'nh of Born.)~e( l.'oma.tned Ifl thrs [keo (If Tru:\L
<br />~c:; llor_n;....i'C-r pa,y1t al~ n.~..~(rtulbk e~.f~n~ iocurred by Lender and Trus.!ee m cnhH'cmg the \,'pvena.nt:t,. and ;}~rL't;mCnb ("II
<br />DoIn.')W~t c!.muilo,",d H1 Uus ~-d (,,{ THJ~t linu JU en(un.:mg Lenlkr.:j. .;tnd Tru...h,::e"!\. fi;'l1)edie,. ",1, pro\i~dcd In puragr:lpi) I X
<br />herf-Of, indudm.l. but m11 ft.Jl'uttil too r~.iiw1H:-bit\ O!-ttorney\ !ces. a.nd fdl Borww~f lake~ 'Jll\.h ,h:tH:-'n ..h Lernkr tl_'ay n'il~":'nJ,bh
<br />flfqth;* too :;U:'Wf( that l'h-t' !~l' {ff tot\ ~j of 1 tif~L '-t'ndtfs HdC'I1':"31 m ~h(' Pr~)peny ;tnd BnH~)"o\,-t:'f.~ o,htl1a;;a.hf\Jl h) p~tY
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