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<br />9.. C......8IIHoe. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other takiog of the Property. or part tbereof, or for conveyance in lieu of condemnation. are hereby assigned
<br />and shall he paid to Lender.
<br />In the event of a total taking of tbe Property, tbe proceeds sball he 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 tbe Property, unless Borrower and Lender
<br />otherwise agree In writing, there shall he applied to tbe sums secured by this Deed of Trust such proportion of the proceeds
<br />as is equal to that proportion wbich the amount of the sums secured by tbis Deed of Trust immediately prior to tbe date of
<br />taking bealS to the fair market value of tbe Property immediately prior to the date of t.,king. witb 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 tbat the condemnor offers to make
<br />an awan! or settle a claim for damages, Borrower fails to respond to Lender within. 30 days after the date such notice is
<br />mal\ed, Lender is autbori2ed to collect and apply the proceeds, at Lender's option. either to restoration or repair of tbe
<br />Property or to the sums secured by this Deed of Trust.
<br />UnJess Lender- and Borrower otherwise agree in writing, any such applicabon of proceeds to principal shall not extend
<br />or postpone the due date of the monthly installments referred to in paragrapbs I and 2 hereof or change the amount of
<br />sucb installments.
<br />lO~ Borrower Not ReIeMed. Extension 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 release~ in any manner.
<br />tbe liability of the original Borrower and Borrower's successors 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 of any demand made by the original Borrower and Borrower's successors in interest.
<br />1I~ FortJeanmce by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise atrorded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the payment of taxes or other liens Of charges by Lender shall not be a waiver of lender's
<br />right to accelerate the maturity of the indebtedness secured bv this Deed nf Trust.
<br />12. Remedies C"DltIIat:ift. ..~U remedies provided in rhls Deed of Trust are disrinct and cumulative to any other right
<br />or remedy under this Deed of Tru&t or afforded by law or equity, and may be exercised concurrently, independently or
<br />successively.
<br />13. ~ """ AMIc- Bouad; lolal aad Several Uablllty; Captious. The covenants and agreements herein
<br />contained sbatl bind~ and the rights hereunder shall inure tl.1. the respective successors. and assigns of tender and Borrower.
<br />subject to the provisions of paragraph 17 hereof_AU covenants and agreements of Bo-rrower shall be joint and severaL
<br />The captions and headings of the paragraphs of this Deed of Trust are for convenience only and are not to be used to
<br />interpret or define the provisions hereof.
<br />14~ N-otIrc~ Except for any notice requm:d under applicable 13w to be given in another manner. (a) any notice to
<br />Borrower provided for in this Deed of Trust shall be gIven by mailing such notice by certified mall addressed to Borrower at
<br />the Property Address or at such other address as Borrower may designate by notice to lender as provided herein, and
<br />(b) any notice to Lender .shalt be given by cenified mail, retUrn receipt requested. to Lender"s address stated herein or to
<br />such other address as Lender may designate by notice 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 />15. Uniform DHd. of Tmst; Go"emma Law; SeverabiUty. Thl~ form (If deed of rrust combines. uniform covenants for
<br />national use and non-unifonn covenants with limned variattons by Jurisdiction (0 constitute a uniform s.ecurity instrument
<br />c.overing real proper1)'_ This. ~ of Trust shall he governed bv the law of' the jurisdiction in which the Property is located.
<br />In the event that any provision or clause. oi thIS Deed of rrust or the Note conflicts with applicable law. such conflict shall
<br />not affect other- provisions of this Deed of Trust or the Note which can he given effect Without the conflicting provision.
<br />a.nd to this end the provaiQ4S of the Deed of ~rusl and the Note <Ire deda~J to be severable,
<br />16.. Borrowers Cop,. Bormwet ,shall be furnished a conformed copy 01 the Notel:lnd of this Deed of Trust at the time
<br />i.){ execution or after recordalion hereof.
<br />17. Tmafer of tile ~_; AIfuapdoa., If all or any part of the Property or an ~nterest therein is sold or transferred
<br />by Borrower without l...c:nder'5 prior written consent, (:;\dudlflg (a) the creallun of a hen or encumbrance subordinate to
<br />Ihis f.Jeed of Trust.. (b) tbe: creation of a purchase money :secunty interest for household appliances. (c) a transfer by devise.
<br />descent or by operation Qf law upon the- death of a ll,lint tcnaru or .( d) [he grant of any leasehold interest of three years or less
<br />not conlaimng an option to purchase. L~ndcr ma). Jt Lender's opuon, declare all the sum~ secured by this Deed of Trust to be
<br />Immediately due- and payable, lender snail ha\'(" \VOlI\'OO such option to accelerate- if. prior to the sale or transfer, Lender
<br />and tbe penon to whom the: Property lS t-0 be S\Jid Of transferred reach agreement in writJng that the credit of such person
<br />is satisfactory to Lender and that tbe IntetQt payable on the SUUlS. secured by this Deed of Trust shall be at such rate as
<br />~..ender shall n:qucst~ If Lender has. waived the option (0 accelerate proVIded in this paragraph J 7. and if Borrower"s successor
<br />10 Inte.n:st has e.xccuted a written a$WIDptl0Jl agree-men! accepted lH writing by Le-ndcr, Lender shall release Borrower from
<br />.11 obligation> under this Deed of Truo, and the Note,
<br />If Under exercises :such option to accdenue, Lender ~haH mail Borrower notice of acceleration in accordance with
<br />paragraph 14 hen:o.f. Such notice shall proviue a period (Jf not less than 30 da.ys {rom the dale (he notice is mailed within
<br />which Borrowc~ may pay the SU~ declared due. U Borrower fails It,J pay 5;uch sums prior to the expiration of such period.
<br />Lender may. WIthout further notlce or demand ('~-n Borrower, mV~)lle any remedie.\ permitted by paragraph 18 hereof.
<br />NON-UNIFOItM COYE.N~NTS Borrower and lender tunher covenant and agree as follows:
<br />18. Accderatloa; ReJMdib. .:'''''plllS provided in _raph17 hereof. upon Borrower's buach uf any cuyerumt nr
<br />,,&__1 of Ilornt...r in thlo Il<<<! 01 Tnm. iodudio& the '.o'.....n'" 10 pay when due any .u.... .ecured hy Ihis Deed
<br />of Trwot. Leadet prior '0 "".....nolion ohaIl nuoiI notlc. 10 .....ro...r a' pro.'ided in _raph 14 he...uf .pecifylng: (1) the
<br />br:;aelt; (2) the lIdiae requlmllu CUN: .uch breaclt: (31 a dat.. not la, lhan 3tI day. from tb. dale Ihe n<>tice is maned to
<br />IIomtwer. by whklt .""It bRaelt must be cured: and \41 Ihal failure In en.. .uch breach on or belore the date specified
<br />ill the noIke IU1 reoult iu acceleraUon 01 .he ..._ secured b}. Ihis nee" 01 TruSl and sale of the Property, The notice
<br />sImII further iofOfDl Borrower of ,he Ji&ht (0 ~a~t' after ""ednalion and the r~ht 10 bring a court action tn assert
<br />lhe: ~~ of . default OT an)' otb<< defe~ or Bonowu 10 ai..,'densdon and salt'. If the bres('h is not cured
<br />on or betOft 1M date spet:ified in the DOtiee, Lende-r at Lenckr''''i option may d<<lare all of the :\iums secured bf this l)et,"C!
<br />of Trust 18 be ~-eJy d_ and pay.... without funbe-r demand and may mH)ke the- power of sale and any other remedies
<br />peftIIlUod by applicable la... Leader _I be eutitled to collect all r........abIe costs and ..pe..... in.urred in pursuing Ihe
<br />reme4los provWed in tltlJ;. ~ ,.. inc.....i... ..... not IImiled 10.........nabIe attorney'. feu,
<br />If the po_ of .. is la,oketI, T....... shall ",cord. notice of defaull in each cuunly in which the Propert}' or .ollle
<br />ptII'I tloenuf islo<ate4 aud .haIlllllliI copie5 of ...... notice in the manner prescribed by applkable I.w lu Borrower and to the
<br />odIu pcIMtIS prescribed by applicable law. Afler Ih.la.... of ....h tim. as may' be required by applioabl. law, Tru.tee .hail
<br />gi.. ........., noIke of .. to the ......- aud io the ",anner prescribed by applicable lu,,', TrU51ee, wilhout "....ud on
<br />1Iomt...., 5IlaIl sell lite Pn>perty at pablk auction 10 tbe hltt...., bidder al the time and place aod onder Ih. lerm. de.ij:oa.."
<br />ill the...ake- of sale ia oM: Of more parcek aDd in laidt'- order as Trnstee nUl)' determine. Trustee mal postpone .salif of all
<br />Of lUl.l' .....d of tloe I'J'opotty .., ....Wk _nt at the time aud platt of any pre"ioUlly scheduled sal.. I..nder or
<br />lAII4Ion~. ""'J.~ tloe l'n>perty at a"y ...
<br />Upeot ~ of pay....... of the price bid, Tnostee """" deliver to the pordw;er Trust..'. deed <'OOnying the Properly
<br />.......... redqlsla the T........'. deed 'haIl be prima f..... ",lei"""" of the truth of the .tatemen'" made therein. Trust..
<br />.-.u,<II!I1I.r the............ of t!le ...... in the rollowinlt or.....: ,a.) to aU r..........w.. c..... and expense. uf the sale, incJndinll, but
<br />....1iItllfeIl1o. T.......... r-of aut -...,thau ',of 1% of the lll'OSl> sale prk..,. r_bie ",toruey'. f_ aud<'OSt. of tiUe .,leI.."",;
<br />iblw"_oeetOAdbl< tltisDoed of Trust; .....i.1 the....... if any , to the persun or per""""leaaJIy entitled thereto.
<br />t911 ~.r...... to R~. Norwithttandin:g lender', O1tl:cleratiou ,Jf th1.' ~lIms scctJr~d by this l"kcd of Trus.t,
<br />8c)rtmR-,r than ba-ve the- right to have an\' proceedings begun bv Lender to cnfon::e tithi Oct.':\! of Trwa Ji!icontt,we~ at
<br />iifty,...~_ptiof-_to-ttmftrlier-to OCCllf of {i) the tifthday- t>cfof'c the- ~al~ of t~ .Propeny pUNuant to the power of ~Ic cont3tncd
<br />In ~ Deed Qf 'Trut.l or (1itcnlry ttf a judgment en(Q;tciflg thi1. _Dee-d of Tru~f If: hH Borrower pays tc-ndf.~r I.lli ~um~ which would
<br />he tMn liucI-under thit. Deed t.'lf T:tus-t~ fhe Note and notn -se(;urin*- Future Advances, tf ~Hl)'. had no .lec-dcnuion (1(;l;;Une,d:
<br />{b} .8ot~ _-ti1Utfi aU brt'ac.he.'i of aQY u:ther rovenants or _ agreCt1lf.Hih- of BQrnl\\'t'1 cootajncd in lhj~ r:k.-eu of Trti'it;
<br />(c) 8Q(rowl!:t 'pays all reawnabk ~'pena:_" i-ocurrc-d by Lender and TTlJi-fc-i:: in cnlofctfig the: I'lJ\'cmmh 3nd ag.rec-mcllt-\ of
<br />~tl)~, c.oot.Ain.d _in th~_:1Md ur Trutt:a:nd in_ ct\{lJrdn8l.1tnde-_r'~ ~nd Tn),.tee'~ rcmWit-5 ~$ pnwll,lcu ~f) p~ta!ttilph IS
<br />htrco,f..: tn('.tud-:ktl. but ~t limtted (:0,- r"tiOftabl:t- iiUorne:y\ h~: and (\i, ~rrower takes ~lli:h llCllott at Lender n.tay rt'a~'IlHhh
<br />t~jft;. to ~ that_ the Hen (~f thil Deed ot Tn.t'sl. L~ndct'\ hUe(~t In the Pff.perty Mod HO!n:H,,"cr'! ob-hgali..IH tf' pot,
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