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<br />83- 005802
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<br />9. CondemDatioa. 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 part thereof, or for conveyance in lieu of condemnation. are hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a total laking 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 event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, 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 pnor to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />ff the Property is abandoned by Borrower, or if. after nolice by lender to Borrower Ihat 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 notiC2 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 lhe sums secured by this Deed of Trust.
<br />Unless lender and Borrower otherwise agree in writmg, any such application of proceeds to principal shaH not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of
<br />such installments..
<br />10-. JIol'lOwer Not Released. Extension of rhe lime 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 rel~. in any manner.
<br />the liability of the original Borrower a.nd Borrower's. successors. in interest. Lender shalf not be reqUired to commence
<br />proceedings against such suc.cessor or refuse to extend time f('lr payment or otherwise modify amortization of the sums
<br />secured by this Deed of Trust by reason of an; demand made by the original ~()rrower and Borrower~s successors in interest,
<br />11. ForlJnraDc:e by unckr Not a Waivu. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise_ afforded by applicable law, shaH not be a waiver of or p-reclude the exercise of any such right 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 />right to accelerate tbe maturity of the indebtedness secured by this Deed of Trust.
<br />12. Remtdifl ('umulath-e, All remedies provided In thiS Deed of Trust are distinct and cumulative [0 any other right
<br />or remedy under this Deed of Trust or afforded hy law or equily. and may be exercised concurrently, independently or
<br />successivt;; t,
<br />13. SuC1:'e5S0R aDd Assi&_ Bound; Join' aod Several UabiUty; Captions. The covenants and agreements herein
<br />contained shall btnd, and the righb hereunder 'ihall Jllure too the respecttve \ucceS$on; and assigns of lender and Borrower.
<br />subject to [he provisions of paragraph 17 ht-reof All co\'enants and agreements of Borrower shall be joint and several.
<br />The captions and headings of the paragraphs of thiS Deed of Tru:<o.t .arc (Of convenience only and arc not to be used to
<br />interpret or define the provisions hereof
<br />14. Notice. Except for any notice reqUlH:d unJer applicable law lO be given In another manner. (a) any notice to
<br />Borrower provided for in this DectJ of Trust :shaH be glv~n by m.uimg such noUce by cenified mail addressed to Borrower at
<br />the Property Addrus or at such other address as Borrower may designate hy norice to Lender as provided herein, and
<br />(h) any nctice to lender shall be gi\'cn by CCriified mail, return receipt requested, to Lender's address stated herein or to
<br />such other address as Lender may designa.[e by notice 10 Borrower as provided herein. Any notice provided for in this
<br />Deed of Trust shan be deemed to have been gj\.'en to Borrower I.Jr Lender when given in the manner designated herein.
<br />15. Uniform DeflI of Trust; Govffftiql..w; Sto'u'rabiUtl' Thl\ form of deed of trust combines uniform covenants for
<br />national use and non-uniform covenants with limned variatil)OS hy JUnsdu:tlOn to constitUI~ a unifQrm security instrument
<br />covering feal propen)', Th~s Deed of Trus.t \ha.il he governt'd by 1he law ot Ihe jurisdiction in which the Property is located
<br />In the event that any provision or clause ot thl~ Deed of Trust or the Nnlc ~onftli:.ts with applicable law, such conll,,",,t shall
<br />nOI aff<<t other pfovislon~ nf this [)ttd of ",:,rust or the Note which can he given effect without the conflicting provision,
<br />and to thiS cnd the pro".I$totU of (he Dceu of Trusl and the Sole :He dC\:lareJ 10 be se\'erable,
<br />16. Borruwe...s Cop)'. Borrower shall he fUfnl"\hed .3 .:onft\rm\.."1i ....i1py i't lhc Nole and of this Deed of Trusl at lhe time
<br />of c:\eaJtion or after rccOf'dauon hereof
<br />17~ Tnufu- of the Property: ADUlltpdon. It al!l'f an~ part of the Propert~ or an interest therem IS soJd or IransJerred
<br />by Borrower without Lende_f's prIOr wrHten cOluenl. e\.e1uding (a i the nc;.'\lion of a lien or encumbrance s.ubordina(e to
<br />[his Deed of Trust, (b) the: l:n~ation of a purchase money senlfiry interesl for household appliances, (c) a transfer by devise.
<br />dcscC'nt Of by operation of law upon the death of .i joml te-nant or I d i the grant t.""If an}' leasehold inte-rest of three years or less
<br />not contaimng an optIOn to purchase, Lender ma..-_ .it l.ender" \.)pu,'!1, declare all the sums .'teeUted fly thiS Deed of Trust to be
<br />Immedtat-cly due and payable, L.ender \hall h~\-t" 'oIrilIVe-J $uch option to accelerate If, prIor to Ihe sale or transfer. Lender
<br />a.nd the pers,on 10 whom the Property ii w tie ..old or !ran-sferred :'e~(:h ~\grcemenl :0 wriung that [he credit of such person
<br />is salnfaclory to Lender and that the interest paY3hlc on !he sums secured hy this Deed of Tru~t shaH be at slIch rate a.'lo
<br />Lender shaH request. If" Lender h-as waIved the- optH)n to aCt.~eleralc prOVided lTl Ihis paragraph t 7, and if 8orrower's successor
<br />;n interest has. ex<<uted a wntteo auumptlon agreement ,jcceprcd In wrllmg t'ly Lender. Lender shall release Borrower from
<br />all obligations under this Deed of Trust and the Note
<br />If Lender ex.erctie'S- such option to accelerafe. l.ender \hilll mall Borrower nollce of al."Celefation In accordance Wilh
<br />p.ana-lf"ph 14 hereof Such fK.'luce shall pro\'lI.je a peflod l,i !\l~! ks", than _'n days from the date- the notice is mailed within
<br />which B-t-.rrower may pa)' the sum~ dCl.:lated due If Borf(\'A'cr faJ!~ h) pa'\- \u.;-h. s.um~ pflor to the e,-piration of such period,
<br />lender ma)', wuh-out iurt~r nottcC' or demand on BI..'ffUWCr, In..-n~e an~ remt'dle~ permitted by paragraph 18 hereof.
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<br />NON.UNH-OkM COVf.NANTS lklfrOWC'f and tender lurth~f covenant and agree a.~ follows
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<br />Ill, Ac-cC'leractott; R('",eodies.. .:l.C~pt as provided in paracraph 17 hel"C'OE. upon BofTOwer's bl'fllch of an)' covenant or
<br />acrH"Jllftlt of Borrower ill ft... IlHd of Tnnf~ jlK"u.dina th~ l'Ol'enMnts to pay .,..hen due any sums ~cured by this Deed
<br />of TI"USt~ lAaCkr prior to accderation man mail no.u:t" '0 Borruwrr as pro\-'ided in .-ragrapb 14 hereof specifying: (1) tht'
<br />........ll: ill "'" ..Iioot roqui,.d 10 cu,. .ueh .....""h: (31 a eIat.. DOl 1_ lhan 30 days from Ih. dal. tho nolke Is mall... 10
<br />............r. .., wllkh _'It ....._ m.... ... cu....: and ''') lItal fall..... 10 ro,. .uch b.....h on nr ""ore Ih. dal. .""citied
<br />I.. IIw noljn, ....y ....1Ik in ac<<kralloa of I'" ....... >Ku..... b) this I>"d of T....I and .aIe of th. Pro""rty. The oollce
<br />.... ftlf'tlMor lafonn Bono..<< of 1M riCkt to fTilm:ate after a('('tU-ution and tht! right to bring a court action 10 as.wr1
<br />,he ~~ of . dd...tt or U) other .'ellK of Borrower to aeMualion and sale, If the- bnach is not cured
<br />otl or btfon the date sperifiH: i.. Uw aotk-r. l~rMkr at IA-Ddt'r-'!i option 1flII)' tifflart" aU of tbe sum~ 5t','ured b, this Deed
<br />of ThISt to __ i~y dw ...d payable ""ithout furtMf drmand aBd: may in"olu~ the power of ule and an)' other rrmeditos
<br />pemaitted by ..,....ucatale taw. uRfkr shall be- eotitk-d t-u (ootkct aU reMOnabR ('osls and u:~1lH'S inC'ufTt'd in punuing the
<br />re-.tloa pn>,'kIod in lhis ~ 18, 1nc1udlnr:, but "'" timll'" 10. r.....,nabIo altom.)'. f_,
<br />If flw po-.e-r of ,.., is itl\'oII.td~ Trust<< shaD r<<o.rd a DOtKe of dfl'auU in each county in which the Propert)" or somt"
<br />JlMt IIwftOf Is 1ocalod _ shall _ cop;.c. of _h ftO,jn, in I'" mannor proscribed hy applicable law to Borrow.. and 10 Ih.
<br />......r,..- prn.rrilIed It) appIicaIlIo law. Aft.r 'h. 1_ 01 ...ch Ii.... as may be ..qnl..... by applicahle law, T.....1<< .hall
<br />~ ,.Nic _. of ..,. to lite ""....... and in "'" mannor pn-scribed by applicahle law. Trost<<, wllhoul domand on
<br />............, ... ... lite Property at )JlIhIic auclion 10 tho hie....; bidd.r al I'" II.... and p1ac. and ..n<lor I'" '.rms designated
<br />lit die IIOtitt of uIt: ia ODe 01' mon paITds aDd in fiuch order.. Trustn may ddnndoe. Tnut~t' may postpon~ salt of all
<br />no all) parcel of lite I'ntpony '" pullilc _ftC.mon! .. tho lime _ place of au. p...loosly ""hedoded salo, I.endor or
<br />'--". ___ _, __ tIao Propert) al...y ... .
<br />L'pon n<<ipt of ,.,_, of lho price bid, Trust<< ..ball ddi.er to lho purchaser Trusl..'. dood con..,ing Ih. Pro""r1)
<br />sokt. TIoo....,llaIs In floe T........', dood shall ... prima f_ ..Id..... of I'" truth nf Ihe ...I.m..... ma<io th...ln. Trust..
<br />... apply I10e ~ of .... .. in ,... f_wlatl ...doll la)lo all ..._nabIo cost. and ..""..... 01 lhe saI., I...,ludlng. bu.
<br />.......... to.. Tnllftc!!l 'tel of ROt IDtN"e (tsaR _.' ___ _ _ ,0' fl1'(' of tht' Ir055 sale prk... r-eaoaable attol'lM'Y's fees and ('OSts of
<br />=~ ,101 to lIi1_ -....... by litis ~~ Trost; _ (c)lh. "COli$, il any, to I'" "".....n or PO""'''' loaall, .ntilled
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<br />i9~ ~s RJcht to~. Notwlthnanding L.ender\ dcceleratlon l)f the "lJnl\ !Ie-cured by thl:\" Dl"ed of Tnt"'l.
<br />Born)'WC'f" "hail have'. the rij;bt to have any proc<<<Jtngs- hcgun by Lentkr io enforce this [)eed of trust dI.$<.'olltmued :'11
<br />Any ~Jme prtOt to It\(- -e.arll('r to ()C(;ur "-~ fl) the fifth d-l_" hefore th..t \ale of t~ ,Proreny punuam to the ,x)wer of s.ait.' (:onl~~IO('d
<br />m thts Dee:duf Trusl (\f (II) ent,ry (l( a JudJ:ntent cnf~)n:lOg thi~ Deed of Trust Ii: fa) B-('~rro.....-er p"Y~ L~~ndcr all ~um" whKh W(lllld
<br />be, then due unde-f HUI ~ t.d Twst, the Note ~nd no-tt-'\ -.c-cuftng FUlu~ Advancc-l;,. If any. had no cll.'\."d-cratlt)o (~O(lIrTt'd.
<br />tb, DOHQ...u {urn. ..U bt'(iK"h~" nt !loy other ~o"(nlnh t)f a'ft:'emcnh at Bl.).ff.l\.\"er nmtaineJ In (hI" Deed tlf 1 rU'It
<br />tel Bo-rro-;lt-n P4_)"t aH tC:A.\;!:'m.aNe e'fJC'nWJ iflCUfU-d by Lenikr ilod Tru$.tee. in enforCIng i~e l,.'twcn;lnh aod ;tg.rccmcf~h ,tr
<br />8c,)N~f (unt.u~j tn tb.t) Dn:d nf fru\, and m <nforcmg Le"d~t'l aod '1 nJ'te~''i rt"medu:'S a<; pf\)\l\.te-d U1 paragraph ! ~
<br />_fC()(, H\(:1W)fi,,, bid f'!llt hunteQ to, fea~m.bk attotrte)', fe~. and IJ) Burn,)w(,r lake~ \u\.:h acth."11 a..."i l.cnd(,f IDl;l.\ rt'w..fm;lhh
<br />r:eqHu~ t,n as;Wr-t tha. thoc ItC:n -t..[ th'J Ot:ed I1f TfU~t. Lt.~ntk-l'\ mt{;rl:'~t In ~ht' Prope'I1)." and ROHPwcr\ ohhg.iuon h1 r.;"
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