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<br />9. C....aatIoa. 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 pan 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 taking of the Property, the proceeds shall be applied to the sums secured by this Deed of Trust,
<br />with the excess, if anYl paid to Borrower. In the event of a partial taking of the Property. unless Borrower and Lender
<br />otherwise agree in writing. there shail be applied to the sums secured by this Deed of Trust such proportion of the proceeds
<br />as is eqWll to that proportion which tbe amount of the sums secured by tbis Deed of Trust immediately prior to the date of
<br />laking 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 />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 fOT 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 thi. Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall 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. Borrower Not Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by t.his Deed of Trust granted by Lender to any successor in interest of Borrower shaH not operate to release. in any manner,
<br />the. 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 />11. Forbeanmce by Leader Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable Jaw, shalt not be :1 waiver of or preclude the exercise of any such right OT remedy.
<br />The procurement of insurance or the payment of taxes or orher liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured b)' this Deed ot Trust. .
<br />12.. Remedies C-DBlulafi1"r. AU remedies provided to thIS Deed of Trust are distinct and cumulative to any other fight
<br />or remedy under this Deed of Trust or afforded by law or equity. and may be exercised concurrently, independently or
<br />successively.
<br />13. Sn-.s aad A...... Bonnd; Join. .nd Sevond U.billty, C.ptio.... The covenanls and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to. [he respective successors and assigns of lender and Borrower,
<br />subject to [he provisjons of paragraph 17 hereoi'. All c\wenant5 i.lnd agreementc;. of Borrower shall be joint and several.
<br />The alPlions and headings of the paragraphs of this. Deed of Trust <lre for convenience only and are not to be used to
<br />interpret or define the proVisions hereof.
<br />14. Notice. Except for any notice reqUired tinder apphcable !;}w to be given in another manner. (a) any notice to
<br />Borrower provided for in tbis Deed of Trust shall he given by mailing such notice: by cenified mail addressed to Borrower al
<br />the Property AddtcM or at such other address as Borrower may designate by nolice to Lender as provided herein. nnd
<br />(b) any notice to Lender shall be given hy certified mail, return receipt requested. to Lender's address stated herein or to
<br />such other address as Lender may desJgmne by notice to Borrower as provided herein. An)' notice provided for in this
<br />Deed of Trust shall be deemed to have been given to Borrower ~1r Lend~r when given in the manner designated herein.
<br />15. UBifomt Deed of TI"tIStt Goftmiftll: taw; Seventbility. This form of deed of trust combines uniform covenants for
<br />national use and non~uniform covenants with limned variauons by Jurisdiction to constitule a uniform security instrument
<br />covering real pr-openy. Tbis Deed ot Trust shaH he jlo'l.'erned by the Jaw of the Jurisdiction in which the Property is located.
<br />In the event that any provision or claU$C of this Ift:ed (ll Trust or the Note (.'onthcts with applicable law, such conflict shalf
<br />not affect other provj$jo~ (.,[ this Deed \If Trust or the Note which can he given effect without the conflicting provision,
<br />and to this end the provlSions of the Deed 01 Tr-ll.~t and lhe Note are dt.-clared to be severable.
<br />16.. Bonewer'. Copy. Borrower shaU be futlw.hed a conformed I.:opy of the NOlc and of this Deed of Trust at the time
<br />of execution or after recordation hereof.
<br />17. Transfer of tbe Property; AIIUtIlpdea. If an or any part (\f the Property or an interest therein is sold or transferred
<br />by Borrower without Lender's poor wonen consent. c.\cluull1g t <t) the creation of iI lien or encumhrance subordinate tn
<br />Ihis Deed of Trust. (b) the creation of a purchase money ~curilY interest for h(}~hold upplianc,es, (c) a transfer by devise,
<br />descent or hy operation of law upon the death of ;1 JOint tenafil or l. d) the grant of any leasehold interest of three years or less
<br />not c06tainins an OpciOfllO purchase, tender may, al Lender's option. declare all the sums secured hy this O~1.. (Trust to be
<br />immediately due and payabJe. Lender. shaH h:tve w[1I\-ed such opttOn Iv ac(:clerate if. prior 10 the sale or tl.'. nsfer. Lender
<br />and the person to whom the Property J.s to be wid or lr;ansterred reach agreemenl In writing that the credn of such person
<br />is s.atisfactory [0 l.ender and thai the interest Pilyable on Ihe sums ~"'-Cured hy thi~ Deed of Trust shaH be at such rate as
<br />l..e~der mall.request. If L.ender has waNed the option to a..:celeratc-_ proY~~ed in this parngraph ) " and if Borrower's successor
<br />>:1 mlefC;St bas executed a wntten assumption agreement accepted to wnung hy Lender, Lender shalt release Borrower from
<br />all obligations under this Deed of Trust and the Note.
<br />If Lender exet"Clses such option Il) accelcf'dt-c. Lender ~hall :naii Borrower notice of acceleration in accordance with
<br />parap-aph 14 hereoL Such notice s.haH provtde a penod of not leu than 30 daY!i from .the date (he ~oticc is mailed within
<br />which Borrower may pay the sums declared due. if Borrower fails 1-0 pay such. sums. prIOr 10 the expiration of such period,
<br />Lender may. WttbOUl further notice vr demand on 8orrower, tnvoke an>' rerne<hes permitted by paragraph i 8 hereof.
<br />NON.UNIFORM COVE.....ANTS. Borrower and Lender further covenant and agree as follows:
<br />Ill. Acct'lerarion; Rrl'ftf'dies.. F-xcept.. proridM in ,P.....raph J 7 hereof~ upon Borrow~r'8 breach of any con.nant or
<br />iIIR't."IDeal of Borrol"ft' in lb. [}ffd of Tom-. induttiuc tM CQv~JUtftli eo pay when due any sums secured: by this Deed
<br />of Tnm, Leoder prior '0 1lC<<leratinn s....U maif hotK-t' to Born)wer ... pro\'icHd in lNIf1lJ;npb 14 hereof spt'cifying: (1) the
<br />bftatb; (2) the JIl....ioa ll.'quirHI to (U~ !iuch breach: tJ) .. date. Rot less than 30 daYIi from the date the notice is. mailed to
<br />Bor-mw~r. by whkh ~u('h braeh must b\> cuncl; and t4) that failure to l'U~ such bna{'h on or before the date specified
<br />in t_ potic.. ma,. mutt in acct"ltration of 1M: 5UIft!; secured b~ this l>toed of TrlfSt and s:alt of the Pro-pert)', Tbr potice
<br />shall further inform Borrow<< of tM right 10 rein51ate ;dIU 8('n1e-ution and the right to brinR a court action to asstr1
<br />the non-e~ of .a delault or any oCber ddetlSl' of Dorrow!'r to ac<<ler.doo and sale. If the breacb is noi cured
<br />on Of bdOft ttw date Jp<<ifitd in the noeict'. Le-ndtt .1 Lender's uption may declar~ all of the sums secul'fll by this Derd
<br />of TIllS. to be iounediatfty due and payable wilhout furtMr demand and may- invoke the power of sale and any other remedies
<br />pcnaitted :by llpplicabk "WM l..eader shall be r-ntitled to c.:oll-Kt aU rellSOnable costs and expenses int;urred in pursuin2 the
<br />remedies pIO\'idecf in lb. paracraph ]8.. indudiDl", but not limited 10, reuouble 8ttomeyYs fea..
<br />If the pow<< of sak b iftvoked. Tru5tee shall re<"ord a nofk'r of default in each county in whkb the Property nr some
<br />part ~ is Iocatrd and sbaU .aiI <'Opiei of such ROt~ in tht> ntanner prt'SCribe-d by applicable law to Borrower and to the
<br />other peno85 PRSCrilted by applicable la.-. After thl" lapse of such time u nUl)' be requiTed by appik:able law. Tru.ftCf! shall
<br />Itiv~ puillk notice of sale '0 1M per5OB$ aDd in the- nUtnMf pffSCribed by applical* I.",. Trustee. \dthout dt"mand on
<br />Borrower.. JhaU sell 1M Property at publk aUdion to tbe highnt bidftr at .be time and place and under Ihe (('rms desiatnated
<br />in tM DOlin of!iak in OJH ur IROn parceb and in ~uc-h urdu a~ TnlJtee may determine. Trustu may postpone ute of ~dl
<br />01' Dr paJ'Cd of tM Propeny by pubIk anaotlMe"'"'t at the- time and pia<< of an). previom-'" $(:hfltuled sale. I.ender (~f
<br />I"'...... ....... ""'" pnrt'hMe .be Property at .ny ...
<br />e_ ........ or pay_ of u.. prie< bid. T_ shall delis..... 10 tb. purcl1..... TnlOt..,', dn;d <on..yinll tb. l'ropo"j
<br />sOld. 'The nritaI5 m lk TI"UAtft's deed -Stu:dl be prima fad~ t''li'idem-r of the truth of 1M statemmt.., made thtof't'ln. Tru~tee
<br />.au IIppIy IIw ...- 01 IIw '""" in lb. loll<...il>t! urder: I.' to .1I1'...M....bk """'" alld upm..,. of tbe sak. indudinll. hu.
<br />i'IOI......... -te. Tn_.'" fftSm DOt loon than I,;: of I%. uf the gJ"U!i.~ sak price. rt'a!liOWlb~ aUome,'~ fe:es and ..oust;<i of UtJ~ t'\'idem~:
<br />,bllollll__ bv tbIJi DelId or T......: and 1<1 tire u<_. ifany. 10 lb. po....... or PO"'"'' legally .ntilll'd .be....to.
<br />19. ~ It.... ter- Reimtate. NClwithstlJOlhng l.e"ti-er~ an:dcration nt lhe ~um>;; ~cllrcd by Ih!s DI.":Cd of TrwH.
<br />f:kM't~ .dlaU b.avc the right -10 have any procoedifl~ beg-un by Lender to enfon.'(! this [)e-ed d Trll~1 dlSCOtHlfiliCd oil
<br />i4ttiy' lime pro to the tJlf'lier 10 occu.r of itl ttw: fifth day before -the- :\alc oi the Property pursuant (0 1he power of "ale c-onfulBcd
<br />In the,. ~-o{ "rtbt or{n~en-tr'y \..,f.. judSnM:m enforcing {hi, Deed of Tru\\t If: lall:lofTl1wer pays- Lender Hll S.um~ wnu:h wOllh:l
<br />he tNm due t,Imkr thn. {)e.ed 01 Tf~fflt, tne NOlt': ~nd notes ~,unn)t Future ^dv,:mt~~..., It :an\', had /10 ;~(:cdt"ra,wn {)('('U!Tcd
<br />~h) Ior~ c-!ltM aU tu'e-4Chet 01 all)' other i,,-:O'i'enanb or -alili<<~m-~ of Bf)rf(l~t'a ~l~\!ained in thlo; Deed of Tnto;,t
<br />{cl htrO'lf"f"r pa~ aU tea~mable C"ptCf1k" lrn."tlHe-d hy Lender a.nd 'f na.tee In eilfof\:It1~ the ~(l\-'efllillil~ and [utrt:cmCnl\ \~/
<br />a.~ t'M~:lined in tht~ 0ttt5d of Trmi gnd in t:fllorctng l.ender',! nnd rftl\tCt'\ rem('dies ll1S provu.k-d in rma~fltrh IX
<br />~,nxrl;, lnclud.f"" but n()( faniled t~'l-. re4;:wft.able attomey'.. ft"es~ .and {d) B.oTrower lAke, ~u.i;_h acBun itS. b:nder- n1;:$y' n~:1_wruh'v
<br />f~-(Jlte ton ..l-wt't Hun J~ l-tert i.l-t' thi$- J:::kflt of TrwH. 1 ~ndu'~ jntc-rt~! ~n the Pr()ref1~' iifld 8nrn,)\'\"-er." "1bh~aih'il'i 1,1 pa\!
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