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<br />9. Condemnation. The proceeds of any award or claim for damages. direct or consequential, in connection with any
<br />condemo:tlion 01" other taking of the Property, ..:>c part thereof. or for conveyance in lieu of condemnation. arc here-by assigned
<br />and shall be paid to lender.
<br />In the event of ~ total taking of !he Properly, the proceeds shall be l\pplicd to- the sums secured by this Deed. of Trust.
<br />wilh the ,excess, if any. paid to Borrower. In the event of a partial taking of the Property. unless BorroWer and' Len_~er
<br />otherwise agree in writing, there shall be applied to the sums secured by this Deed of Trust such proponion of the, 'p(oceeds
<br />:.IS is equal to'that proportion which the amount of the sums-secured by this Deed of Trust immediately prior to the:.datcpf
<br />taking bears to the fair market value of the Properly immediately prior to the date of taking, with the balance of the, proceeds
<br />paid to Borrower.
<br />If the Property is ab:mdoncd by Borrower, or if, :Iftcr notice by Lender to Borrower that the condemnor'offers to ~ake-~
<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. tbe
<br />Property or to the sums secured by this Deed of Trust.
<br />Unless Lender and Borrower othenvisc agree in writing, any such application of proceeds to principal, s.hal1' hot extend
<br />or postpone the duc date of the monthly ins.t<lllmcnIs referred to in paragraphs I l.md 2 hereof or change the amount ,of
<br />such instaUments.
<br />to, Borrower Not Released. Extension of the time for p.lyment or modification of amortization of the sums: secured
<br />by this Deed of Trust granted by Lender to any successor in intcre.o;t of Borrower shall not operate to retea.se, in any ~armer-,
<br />the liability of the original Borrower and Borrower's successors in intcrest. lender shall not be reqUIred to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amorfization of the sums
<br />secured by this Deed of Trust by reason of any dCn1;lnd n14\de by the original Borrower and Dorrower's successors 'in intercsl.
<br />II, Forbearan<< by Lender Not a Waiver. Any forbc<lrance by Lender in exercising any right or remedy hercunde.T, or
<br />otherwise afforded by applicable law, sh:1I1 not be a w3iver of or preclude the exercise of any such ri~ht or remedy.
<br />The procurement of insurance or the payment of (axes or other liens or charges by Lender shall not be a waiver of lender's
<br />right to accelerate the maturity of the indebtedness secured hy this Deed of Trust. . .
<br />12. Remedie-s Cumulative, All remedies provided in this Dced of Trust arc distinct and cumulauvc to any other nght
<br />or remedy under this Deed of Trust or alTordcd by law or equity, and may be exercised concurrently, independently or
<br />successively.
<br />13. Successors an~ Assigns Bound; Joint .and Several LiabilitJ; Cap' ions. The covenants and agreemenls herein
<br />contained shall bind. .and the rights hereunder shall inure to, the respeclive successors and assigns of Lender and Borrower.
<br />subject [0 the provisions of paragraph 17 hereof. All covenants and agrecmcnts of Borrower shall be joint and several.
<br />The captions and headings of the paragraphs of rhis Deed of Trust are for convenience only and are not lO be used to
<br />interpret or define the provisions hereof., .
<br />14. Notice. Except fur J.ny notice r~quircd under <lpphcublc law to be given in another manner, (a) any :lotlce to
<br />Borrower provided for in this Deed of Trust shall be given by mailing slJch nOlice by certified mail addressed to Borrower at
<br />the Property.Address or .It such other address as Borr.ower may designalc by notice to Lender as provided hcr~in. and
<br />tb) any notice to Lender shall be given by certified m,ul, return receipl requestcd, to Lenders J.ddrcss staled herem or to
<br />such other address as Lender may dcsign~ltc by notice to llorrower .\S provided herein. Any notice provided for in this
<br />Deed of Trust shall be deemed to have been given to Borrower nr Lender when given in the manner designated herein.
<br />15. Uniform Deed of Trusl; GoYernin~ l...:lw; Se".cmbiWy. This form of d..:ed of trust combines uniform covenants for
<br />untional use ano non.uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument
<br />..:overing real property. 'n\is Deed of Trust sh<.\l1 be glwerncd by the law of the jurisdiction in which the Property is located.
<br />In the event that any provision or dause of this DccJ of Tru~t or the Note connict~ with applicable law. such conflict shall
<br />nol affect other provisions of this Deed of Trw.it or the Note which can be given clTcct without the cOllOicting provision,
<br />and to Ihis cnd th~ provisions of the Deed of Trust anJ the Notc ~rc dcclnr..::d to be severable.
<br />16. 6ornnvcr's Copy. Borrowa Sh31l be furnished a ,,:onformcu copy of the Note and of this Deed of Trust at the time
<br />of execution or after recorda.tion hereof.
<br />17. Transfer of the Property; Assumption, If :dl or any part of the Property or an interest therein is sold or transferred
<br />by Borrower wilhom Lcnder's prior written c('\nsent, excluding (a) rhe cr~alion of 3 lien or encumbrance subordinate to
<br />this Deed of Trusl, (b) the creation of:l purcki.e:.c mutley security interest fOf household appliances. (c) J. transfer by devise.
<br />tlcsccnt or by operation of law upon the dC~lth of .1 Juinl tl:o:uH Of l u} the grant of :any kaschold interest of three years or less
<br />not containing an option to purchasc, Lendcr Ill::}", at Lcm.lc,."s option. ll~clarc. :dl thc sums secur~d by this Deed of Trust 10 be
<br />lInmediately due and payabte_ Lender sl1:l1l ha\'c w.lived such optil-,n tv accckratc if, prior t\) the sak or transfer, Lender
<br />and the person to whom the Property is ((\ be sold or tr~nsfcrrt;d feilch agreement in writing that the credit of such person
<br />IS satisfactory to Lender :Hui thaI th:.: inlen:sl p;'lyabh: un the Sunl$ ~CCllrcJ by this Deed of Trust shall be at such rnte as
<br />Lender shaH request. If lender h;],$ waivcd :hc option tv a..-:ccleratc provided in this paragraph 17, .;lOJ if Borrowef~s suc.cessor
<br />in interest has executed a wrillen :lssumption agreemenr ~cL:eptct.l ill writing by Lender, Lemler shall release Borrow.er from
<br />all \)bligations under this Deed l)( Tmst and the Note.
<br />If lcnucr exercises such (lPlliJll (.) ;Kcdcr,llc. l_cnJcr ~h;lll m:lil Borwwcl' jlolice of ac(."clcration in ,H.:con.bncc wilh
<br />pari.igraph 14 hereof. Such notice shail prOVide ;1 period of nut !CS~ than .'0 d,lYS from the dale lhe notice is mailed within
<br />which Borrower may pay the sums d~..:I:HCd due. 1f Borrower fails Ii) p.lY such sums prior to the expiration of such period,
<br />Lender may, without further notic~ or demand on Borrower. invoke <'In)' remedies permitted by paragraph J 8 hereof.
<br />NUN. UNIFORM COVENANTS" B0rr0wcr ;l1ld lender lunhcr covenant and agree <IS follows:
<br />18. Accl'leration; Hem.tdies. EXl'"cpt :lS provided in paragraph 17 hereof. upon Dorrower's brcu('h of 1Iuy covenant or
<br />a~rccment of Borrow~r in this Deco of Trust, including the l'ovenanrs to [Jay when due any sums secured by this Deed
<br />of Trusl, Lender prior Co aCl.:deratlon shall mail notice fo Borrower :,s pro,'ided in paragraph 14 hereof specifying: (1) the
<br />brcuchi (.2) thc adion required to cure such breach: (3) <l d:)te, not Ic....~ tlmn 30 days from the date ~hc notice is mailed to
<br />Burrower, by which slH:h bre-ach lUust he t:'urcd; and (4) that failure 10 cure ~lIdt breach on or hefore the dOltc specified
<br />in Ihe notice may rcsult in :.lc('deration of the- sums secured by :his Deed of Tru~1 aud ~alc of fhe Property. The nutke
<br />shall fUr1h~r inform Borrower O-f the right to rcin:)late aiter :lccclN:ltion :lIld the right to bring a court uction to assert
<br />the non,exlsCeo(:c of n default or :my other tlcf\.'ilse of Borrower 10 a1,,'.I.:eler:~tion and sale. If the breach is not curcd
<br />on or before the dale specified in the 'notit....., Lender :It Lcnder's optiull lHay fledari! :~H of the sums secured by this Deed
<br />of Trust to be immetti3tcl}' due aud p;'l)'uble wilhout iurtlu:r dcmand and ilia) irn{lkc the pO'Hr uf !talc am.! :my other remedies
<br />penuitted by npplicabJe law. Lender shall be entitled io coHect all rC;'ls(JT1able \.'Q:sts and expenses incurred in pUfhuing the
<br />remedies pro\:'ided in this p;lr~graph 18. i1h:ludin~, bui nut limited 10, rC<lson;thlc at.orucy's fec5.
<br />If the power of sale- is iOl'okt'd. Trustee shall record:) nnricc of dcf:lUH in each ccunl)' in which the I)roperty or some
<br />part theftof is locafed and shall mail CUpiCl: of sueh nofice- in (he manner presaihcd hy 2pplicable l::nv to UorrO\"cr and to the
<br />other persons prescribed by applicable law. After the lapse of such rime 3S amy be required hy ~lpplicublc law, Trustee shall
<br />lti"'(' public notice of ~Je to th~ persons ~md in the manner prescribed by <lpplic:.Ible Jaw, Trustee. without demand un
<br />Borro,"cr. shaU ~ell tbe Property at pl.1hlic aucHon to the highest hidder at the iilllC' and p!a<:e :md under the terms dcsignuted
<br />in the notice of salt- in one o-r more parn-:ls ~nd in such order as Trustee 1ll:1)' determine. Trustee m<lY postpone ~nk of :111
<br />or any parcel of the Prope-rt)" by public announcement at the lime ~md plan of :m)' prcviou-;Iy scheuuled s.3h'. Ll:ildcr or
<br />Lender's d~signee may purcnase the Property ;,)t ~ny s~le,
<br />Upon receipt of p;lymcllt of the prke hid. Trustee sh:dl ddivl'f 10 the- lHlrchn'ocr Trustt'c's dl.'cu \.'O\lYc)o inK Ihe }-'ropcrt)
<br />:s:uld. The cecitals in Ihe .rru-stc~.s deed shall be orim:l fat'ie cddencc of (he truth of the sl3tcmcnts made therein. Tru.stl.'c
<br />shall.8-,"!pJ)' tbe procee~ of the sale in fhe roUO"d;l~RfdC'r: (:I) ,to all reasonable i..'OS!S ~il\d l"xllcnscs of the ~:tlc. in'dulling, but
<br />not lumttd to, TrusCcc s. fet's or not more thao. '1{! of the :~ro..s .s-aJc Pfll"C. rca...ouablc ::tltornc)' s fees :UIIJ ,"'osl." of
<br />title t-vidf'(lce; (b) tQ aU SUIQS secured by Ihis Deed of Tnt..l; unu (..;) the ('xcc~s, if DIl)', t.o lhl" person or pcr~oos leJ:ull} l'lItiHed
<br />then'o.
<br />19. Born.H\'n"s tti;tht to Reillstate. Nt'lwlth:uanuing Li."f1ucr":i ;\ccclcr<1t '.J" oi the Sllrn~ ~"";;:\lr\.'d by i~ll::' f)c('t,) ~lf .1 rmL
<br />8orrowC'.f so..!! have the right tu h;;tve ;my PI\)cccJings hegun hy Lender I,! t:llfor,c this Det'd I'l T!w.,l d;M:~lnt]nitcd ~lt
<br />,my l.ll'l1c prior 1-0 !he cur,l.i,-~r to oct.:m.of ti} Ibc fifth day bd':lfC Ihe sate. or th~ Pl'l}pcny pursuant I\1lhc pt1WCr of :o,;lk t'..)llulin..:\j
<br />III !11I~ Deed or Tmst or (,n) enfry ~)f a Judgment enforcing nus D('cd of Trust If: (;I) nOrrl)'~~r pay" L'llJcr ill) SUlllS, wluch
<br />he, lh-.eH due under Ihis D~cd of rftl~l, the Note ,1!hj notc~ sccurinc FUlure t\llvam;c.'.. If an)', haJ Ill> :l..;,,~tlcr:1\mil
<br />(o} Borrower cures all hrCII,hc\i \.If ;lll)' olher co'\'tnanls or agrecrm:nh of Borr0w~r '-"_Il)l:uncd in lfll'> D!~cd
<br />I'} (~orr,,"l-w(r p....ys lll! fC~\~01',~,hle 1;'\\-,1:;\,,\6 inclll:rcd by L.:.nucr and TfliS-U:C in cllfor..:ing tht (<.".,',-'l;.lll(s ~\I1J ,If.rt:, lih;r,1;. ,d
<br />Horn.)wer C01H;\lncd Ifl lht~ Dc-cd r;{ TnHI ~~nd In en(<in:ing L.:'nde-r'~ ;1nd Tru<i:tn:'\ i':medl(:s >IS llf\."'u.k'J 1\1 p.nf':.f:t.1.pb i 1-\
<br />hert~ll. iw.:hu:.!in&. hut Ilt-.t finilrtd t<l. re.l~<Jilr:b:-e ;ltt-OrrlC)'\ (::c~; :}ocl (dl BOrfOWl.':f l.d"\.'J> :'tuch r c,~~"""l;h
<br />It:qi.!1rC tl,\ "Hut-\:' th~l Ih;; ilC'n nf lhUi D>.::.-.::o of Tttl~l. LCiH.kr'" irHcr.-...'~t :<l (hI.: Pwp\'~ri)- r'J',
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