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<br />!I. C..........IlIItIoD. The proceeds of a~~~(Jrql~m7,~ images. direct or consequential. in connection with any
<br />condemoation or other taking of tbe Property. or part tbereof. or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall he paid In Lender.
<br />In the evenl of a 10lallaking of tbe Property, tbe proceeds shall be applied to the sums secured by this Deed of Trust,
<br />wilh 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 he applied to the sums secured by tbis Deed of Trust sucb proportion of tbe proceeds
<br />as is equal to that proportion whieb the amount of the sums secured by this Deed of Trust immediately prior to tbe date of
<br />taking bears tothe.!air marl<et value of the Property 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 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. at Lender's option. 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 application of proceeds to principal sball not extend
<br />or postpOb'" t.... due dale of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of
<br />stlCb inataUmenla.
<br />Ie. Ilorro_ No! RtIaoed. Extension of the time for payment or modification of amortization of the sums secured
<br />hy 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 sueces.wrs 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 or any demand made by the original Borrower and Borrower's successors in interest.
<br />11. F~ by Leeder Not a Waiver. An}' forbearance hy Lender in exercising any right or remedy hereunder, or
<br />otbenlrise alIorded by applicable law, sball not he a waiver of or preclude the exercise of any sueb right or remedy,
<br />The procurement of insurance or the payment of taxes or other liens or cbarges by Lender shall not he a waiver of Lender's
<br />right to acc:eIerate the maturity of the indebtedness secured by this Deed of Trust.
<br />12. RetIIeoIlos CltIII1IlIllive. All remi!dies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by law or equity, and may he exercised concurrently, independently or
<br />successively.
<br />13. s..:.:-....... A...... 1IoJInd; Joint ..... ~veral Liability; Captions. The covenants and agreements hereio
<br />l.-ontained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower.
<br />subject to the provisions of paragraph 17 hereoL All c'Oveoaots and agreements of Borrower sball he joint and several.
<br />The captions and headings of the paragraphs of this Deed of Trust are for convemence ooly and are not to be used to
<br />interpret or define the provisions hereof.
<br />14.. Nodce. Except (or any notlce requJred. undc:r apphcable law to be given in another manner. (a) any notice to
<br />Borrow.... provided for in this Deed of Trust shall be given by malling such nOlice by cenified mail addressed to Borrower at
<br />the Property Address or at such otber address .s Borrower may designate by notice to Lender as provided herein, and
<br />(h) any notice to Lender sIWI be ,;v<;n by certified mail. return receipt requested. ." Lender's address slated herein or to
<br />stICh olber addreu u I..eoder may designate by notice to Borrower as provided herem. ....n)' notice provided for in this
<br />Deed of Trust shall he deemed to have been given 10 Borrower or Lender when given in the manner designated herein.
<br />IS. U..u- o..e.l of TI1IlIl; Go\'ft1IlIIc .....; SeverabHlty. ThIS form of deed of trust combines uniform covenants for
<br />national use and non-unifonn covenams with limited '\'ariatio-ns by juri1diction tv constitute a uniform security instrument
<br />coverinll real property, This Deed 01 Trust shall he governed by lhe law of the Jurisdiction in which the Property is located.
<br />In the evenl that any provrJlon or clause of thiS Deed Of Trust or Ihe Note co~flicts wtth applicable law, such conflict .shall
<br />nol aft'CCl, other provwom of this Deed of Trw:t or the Note which can he given effect without the conflicting provision.
<br />and 10 tblS end the provISions 01 the Deed of Trust and the Note are declared to he severable.
<br />16. ............. C..,.. Borrower .haIll>< lurnlShed a .:onlormed cnpY' 0' the Note and of this Deed or TrusI at .he time
<br />of execution or alter ~ation hereof
<br />17. "I"r-'". of the~; ~ It aU or an)" part ot the Pn:rperty or an imernt thereto IS sold or transferred
<br />by Botrowec without Lender. prior written t:ooteot. exdudin.g f..! the aeatilln of a lim or encumbrance subordinate to
<br />this Deed of Trusl. i b) the creation "r a purcbMe money ....-urily !Dlerest for hou:oeocld .pplia""..,., (c 1 . transfer by devise,
<br />descent or by operation of law upon .be death of a t0101 tenant or (d) the grant oi any lea>ehold 1Olere>t 01 three years or less
<br />not cODraimfllan option to purchate~ Lc-nder may. at l,('nder'~ OptlOfl. dociare llJllhe ~unu secured by this Deed of Trust to be
<br />Immediately due and paYAble. Lender shall h~n'e \ti,-a:ved tilKh opuon h,l ac-ccleratc If, pnor to the sale or transfer, Lender
<br />and the: penon to whom the Prope-n-)' 1S to be s,old or tramienft! reach agrt:ement In writtDJ that the t;;redit of such person
<br />is satisfactory to Lender .nd .ha' lhe interest payable on the ,uem ....",ored by Ih.. Deed of Trust shall be at such rate as
<br />Lender .hail requeot. If Lender has wa,ved the option to accde",.e prov.ded in 'his paragraph 17. and if Borrower's succCS!Or
<br />in imeres, bb executed a written UWlDpltOQ agreement ,,"ePled to \A'nting by U:nUe-r, Lender !/.haJJ release Borrower from
<br />all obligations under th.. Deed of Truot and lhe Note.
<br />If Lender exen:i-sa such option to aced-erate. Lerukr shail mail Ik'lrrnwer notice of accd~ratlon in accordance with
<br />parasnoph 14 hereof. Such notice shall prOVIde. penod <11 oot I... 'han JO <la,. from the date the notice i.. mailed within
<br />whK:h Borrower may pay the sutnS d<<1a.rcd due. If Bc.')ffllWer tall~ to pay ~ocb mms pr*or to the expiration of such period.
<br />l.etJder may, without funher flOllce or demand on Born.1-wer. In\'o..(: any remedi~ permiUed by paragraph 18 hereof.
<br />NON-UNIFOaM COVENANT!i. 8onower and Lender further rovcnam and apeoe as follows;
<br />III. ,"<<donoIIoIo; R........ t:uepc.. proridetlla ,....,..... 17 henof. upon ......wer'. bnao;h or any co.e......t or
<br />._ of ........wet" In Ihlo !>oed of T...... 1...1ndint tlIe <ove_ to pay wlw.. due any ._ _ured by this Deed
<br />of Trul, Lmder prior 10 ac<<IenoIioR 5IlaII mall _'0 to ao.rowef .. pro.itIed I.. ........faplo 14 hereof spedfylnc: (I) the
<br />bnsodl; (2) tlIe ...... ~ 10 cu'" _h tnuclt; (3) a IbM. _ ..... t..... JII day. from tlw dale Ihe notke Is maIled tn
<br />Ilorro....,f. by whktl _It tnuch IB.... Iso ....red: ..... \4) IItal fallwe '0 <we _It breach on or Iwf_ the dale .pedfied
<br />la the ....u.e _y ........ la accelerntioe ..f IIw ..._ ........... by Ihls 1_ of T..- and sale of Ihe Property, The notice
<br />5IlaII fllftber iIIf_ Borrower of tlIe ricIll 10 ~ "'Ie< K(fleralioA and Ih. richl 10 briIItI a .'ooff a..tion 10 _rt
<br />tlM _.......e of a delaoolI Uf a..y otber def_ of ao.rowef to KceleralioD and sale. If lhe bo-ea<:h is nol cured
<br />.... Of lief.... 11M ..... lIpeCIlIed la 11M MIke. LencIe< at Leeder'. eptioJI ....y dedlue aU or the .u.... lo<<u",d by Ihls Ueed
<br />uf ThIIit 10 Iw ~e1, dOlO -.I pa"" w_t !un..... demaad and may i...oIl. IIw powef of sale -.I any othef remedl..
<br />peIMiIte4 ..,. IIfIIIk'allIe law. Lest4er......... eRlitled 10 .olIecl all ............. cos" ad expe_ Incurred in pnBuiDl\ lhe
<br />......... pro..wed la Iblo _.... II, ioodsoollIIa, hut IlOl liIIIiIed to. fe--"le aIIomey's 1_
<br />If tlIe......er of .. .. lav....... T_ obaII _on! a _ice of default la eaclt COOIII) in wbleh the Property or sollie
<br />part tlIertoI Is ........... -.I obaII ....u ....... of _II ....u.e iot lhe m_f pres<r1bod by appllcabR law to Borrower and 10 lhe
<br />"""".............riIled It, ................. Aflef the !at- of so.h 11_ .. may l>< required by. applkable law. Tr...."" 'hall
<br />c:,::.\I. .lIOIke. of .. 10 ..... penees ..... in the m_ ...-r1bod hy applicable law. T.....ee. wlllmut demand on
<br />,........ tIso l"ntpeJty at ,..wi<. a""tioA 10 !he hiclle>t hi<ldef at the ti_ -.I pia... and under the t<rms designaled
<br />la tlIe 100Iln &f ... Ia ... 01 ..-e par<eh ..... In suds Of" ..r....."" may delefmltoe. Trustee may _t_ sak of .11
<br />.... .., .....,u of .... ........., ..,. ,..wi<. ____... al 11M _ and place of any pnvionsly ""bedoled sale, l.enftr or
<br />lAtOl11n ........ -r ,..,.,__ ..... .........y at ..., .......
<br />U.... ~ of --' uf tlIe prieo: bid. T..- 1JoaII delher 10 the purcluooer Trust..,'s deed coo'.Yln& the Property
<br />1IU/!d. 1'Itc ndctiIa. la tile. ~'. deed..... Iso prima Cade ..iden<o of ..... tnoIh of the "alftDOU1s nuodo therein. Tru"ee
<br />.... MPPl1 ..... ........... of tlIe ... .. tlIe folio..... order: ja, ... aU ..........we .-. and .._ uf the sa"', includln&, hut
<br />...1ltsIllM...~'._..c_ _lima I> of ~ oftllear-'" price...........abIo allamel '. f_ and <-. of title ...id_,,;
<br />,1>,... alI_........ by .... Doe4of n-t; and t<l tlIe ex..... ihny. 10 the petllUD Of pe..-.oleplly ""titled therelo.
<br />190. ........-...... te........ N()tw~thJtandln8 Lcnder~-o; ii~-l:cienuk.m t)t l~ 1>urn~ ;,-ccured h-y thl~ llt.~d i,)f Tm\l
<br />Borrower ahaH b\i"C ihe riaht to- have iUlY pr~itttl1, ~un by Lender h" enforc-e- lhll l>c!ed of fruM JtscontlOued at
<br />31tJ'-b.... pttQl' h).,;'_~r to <<t::V-f m (I) the fifth dl-y before- .he Yic of the- Pro~rty punuant to the power of :salt- O;\lOhllne,i
<br />ia.u t:lecduf Tf'\tit or (liie-nt,., ~)I'- -sudament enf-ofctnlllhis!:ked of' Tnu-l jf~ (a) Borrower Pi}'" Lender .all ~tHm, which \\:ollld
<br />be_ tbott duf litMMt thu. ~ (){ 'll"\~t. the N(Jt1! tthd flU.COt iCt.:'l.Irmg Pt.nufc ^,d'\';)QICe,~, If any. haG no .H,"c<-lcratn,m ...X:-'i:urr~d;
<br />fhl -Bofto-tIIrfl' tUfM d breathc4 {'it any ol.~" ("Q'\'tllanb or aJf'eCmenb o~ Borrowcr ('ont.1nt'd m thUi Dt."ed fit Tru'il;
<br />~~) -...n()'WC.f ~'I ~ r~t4e e-,,~ H\cutrcd b~ t~_{1def and 'fnt1te~ JO en(u(Cm, the ~\lVenanh and agtOOtMnu f..lt
<br />~ ~~ J:(i -t-tu~ Deed: (~ Tn-m .aoo lfi en-fot.Ctfll Lrndc:r't And Truu<<'\ re-n.eaiei as pr-Q'iu!ed \n paflS.gr<<ph fS
<br />~~ -~. but rtatJ(imt~ w, fCuonabtc ~~(1fneY'!i f~; .nd hh ~ro~er t...k~ Mt4:h .('(w-n- ~$ LCfli.K--f tultY rC'a:~on..Ny
<br />,~~ -'0- ~ll', th.at the l~ Q-' thB ~ of rr'Ult. l.e-mkf\ ioft:~! IP thl:' Pn'lpe:-ny ifnd: 8ot'h)w-e,r\ obhgM/lHl h" p;j\-
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