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<br />9. Coaclem.uatioD~ The proceeds of any award or claim for damages. direct or consequential, in connection with any
<br />condemnation or other taking of tbe 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 taking of the Property. tae 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 the 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 prior to the date of
<br />taking bean: to the (air market "alue of the Propeny immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />Ir 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 />m.aHed. Lender is authorized to col1ect and apply the proceeds, at Lender's option. either to restoration or repair of the
<br />Property or '0 the sums secured by this Deed of Trus..
<br />Unless Lender and Borrower otherwise agree in writing. any such application of proceeds to principal shall not extend
<br />or postpone [he due dale of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of
<br />such installments.
<br />10. Bonower Not Released. futension of the time tor payment or modification of amortization of the sums secured
<br />by this Deed of Trust granted by Lender to any successor in interest (Ir Borrower shan 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 Ihe original Borrower and Borrower's successors in interest.
<br />11. Forbearance by Le-nder Not a W.h'~r. Any forbearance ~y Lender in ex.ercising any right or remedy hereunder. or
<br />otherwise afforded by applicable law. shat! 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 hens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secu~ed by this Deed of Trust.
<br />12. Remedies Cumulatiw. All remedies proVided 10 [hIS Ik"Cd of Tmst are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by law or equity. and may be ex.ercised concurrentlY, independently or
<br />5ucccssivel\' ,
<br />J 3. Successors and Assigas Bound: loint and Several Liability; Captions. The covenants and agreements herein
<br />contained ~hall bind, aDd the rights hereunocr .s-haH inure to, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph 17 hereof All covenants :Ind agreements of Borrower shall be joint and several.
<br />The captions. and headings of the paragraphs l''- thiS Deed of Trust are for convenience only and are not to be used to
<br />interpret or define the provisions hereof.
<br />14. Notice.. Except for any notice reqmred under applicable jaw lD ~ given In another manner. (a) any notice to
<br />Borrower provided for in this Deed of Trust shaH be given hy m:!iiing such notice by cenified mail addressed to Borrower at
<br />lhe Propert)' Addn::u Of at such other address as Borrower may d-esignate hy notice tCl Lender as provided herein. and
<br />{bl any notice to Lender shall be given hy certIfied mati, return receipt requested. to Lender's address stated herein or to
<br />!\ouch other address as Lender may designate by notice If) Borrower as provided herem. . Any notice provided for in this
<br />Deed of Trust shall be deemed to have been g:ven to Borrower or Lender when given In the manner designated herein.
<br />tS. tJnifonD Offd of Trust; GovtrniftJt l.aw; Se"erabilit". Thl';; form of deed of trust .f.:ombines umform covenants for
<br />national use .<ind non-.uniform covenants WIth limited Vanatlom. bv iurisdlClIon to constitute a unif,"-,rm security instrument
<br />covering feat property. Tbis Deed oi Trus.t shall he go\'crned bv the'law 01 the JurisdicHon in which the Property is located.
<br />In the event thM any provl~lon or clause ot thi~ Deed or rru~t ,)f the Nutc l:ont1il.:ts with applicahle law, slIch conflict shall
<br />not affect other provislo!,-$ ot this Deed ('If Trus.t or tbe Note which \..'~m \:lc given ellect without the conflicting provision,
<br />and to this end the provlStt)DS of the l)eed of Trust and the ~ote are declared to he &cverabtc,
<br />16.. BorTowfl'.s Copy. Borrower shall he !urOlshcd a ~(\nformcrl (\~py pC the Note and of lhis Det:::d of Trust at [he time
<br />of execution or after recordation ben:ot
<br />17. Trzasterof tbe- Property; ASlolRpl'ion. If all i:1r ::my p~Ht PI the ltroperty or an interest therf:Il1IS sold or transferred
<br />by Borro~r without Lender's pnor wotten consent, nduding I a) ltlc ncatHln of a lien or encumbrance s~~rdinu,l;; tc
<br />this Deed of Trust. (h) t~ creation of a purch:uc JlTOOCV ~cuwy IOrerest t'or hou~ehold appliances. le) a transfer by devise.
<br />descent nr by operation of law upon the death l)1 ~t Jnlnt t~naOl or \ d) the grant ut any leasehold interest of thre.. 1"S or less
<br />oot containing an option to purchlise:-, Lcnde-r rna), .it Lender-s optll'n. Jcdarc allihe sums ~r:Cl.\"( , "Y this need 01 rusl to ht.~
<br />Immediately due and p3.);abl-e. Lt':ndcr shall ha\'c \/lo,u'oed ~m:h (~ptlon to accclerate If. prior to the sale Of tr::.nster. Lender
<br />and the penon to whom the Property is to he ')old or transferred reach <ij!fcement In writing that the credit ot such person
<br />is satisfactory to Lender and that the inlCfe~t payable nn rhe ~U!l\S ..,ccure\.1 bv this. Deed 01 Trust shall he at such rate as
<br />Lender -shalt request. If Lender has waived the OPUOll to acct'icratc provIded," this paragraph 17, and if Borrower's :'iuccessor
<br />Jrt interesl has c:\ecuted a wntten assumptloo agreement accepted In wntmg hy Lender, Lender shall release Borrower from
<br />aU obIigatior.-S under this Deed of Trust and the Note,
<br />If Lender exerclsa such option to accelerate, 1 ~nder :>;hall mail n(~rr('"lwer now::c of ~cceletation in accordance with
<br />p3.ragrapb 14 her-t'O-f. Such fh."-tlce !;haU prOVide a pcritxi ,1f f\llt ks:-; than '0 days from the date the notice is mailed within
<br />\Which Borrower may pa~' the .sums d~Jared duc_ If BMruwer t,uh h.' p;iY ~uch sums. prior 10 the e~plration of such period.
<br />Lender may. without tunher nOtice or demand \'0 Borrower. Hln}KC any rcmc4.hct. permitted hy paragraph 18 hereof.
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<br />NON.UNIH)RM COVF.N:\Nt~ 3orrower :Iud L~nder !tuther covenant and agree as follows:
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<br />18. Accderatloa; R~~. .:"c~pt as provide1l in paragraph 11 bereof. upon Bonower's breacb of any co"'enant or
<br />acfftateR' of Bono.lt,. in tbis llftd of Trut. indudina the co\'t'nanlS to p.al). when due any sums s<<'urf:'d by this l>eed
<br />ofT....... LeaRr prior 'a oc<deration shall mtUI ROt;'. '0 8am....r .., pro,.itled io "",....ph 14 h.reor spr.ifyillli:' (I) 'h.
<br />brnch: (Z) .he _ rrquirrd to ,'orr such brr..h: (31 a dal.. not I.... ....... 30 days from th. da'. Ih. notk. is mailed '0
<br />Bonowu. by which suc-b brnch mllSt be CU:M: aDd <<4) that faHurt' to ('un such bftach on or before the date specifi~
<br />I.. the ..- may ......t in ..........- of the "'.... .......rd by tbis Oeed of Trus. and ...Ie of lh. Proprrty, The notice
<br />shall ,....her inform Borro.'ef' of the nah. to rci~...te after sccmraoon and the right to bring a court action to assert
<br />tM IMJIH'~ of . dtf.",U or an)' othff ckfem.e of 8orro",.u 10 Kcderadoo ami nle. If the breKh is noC cured
<br />.... .... ........ .Ior date _illrd in ,... -.. I.....r at Lendr<'s opllon may declare all of the .ums ...ured by this Oeed
<br />of TI'IISt to be- imtIHodialtiy due and pay." withCiiUt (unhrr demand and ma)' invoke the powtor of SIde and any other remedi6
<br />penaitted by appIkahIe law. l..mt:Wr MlaU ~ ~ntitkd to (allee. aU r~asonable l~OSts: and upemn incurnd in pursuina the
<br />rrmrdlcs pn>vidrd in Ihis pa.......... 18. including. but not limil... '0. reasonable attorney'. f....
<br />If the po1WK of sUe is: in~ok.ed. Tt'USlff shall ",cord a nutlet' of d-efautt in each couney in ",'hkh the Propert}' or some
<br />part thKt'of is Ioraled and shall mail copia: of ,"ItCh noti<< in th~ maflM-f prf'SCribed by applkable law to Borrower and tu tbe
<br />otloet _ pneseribed by appIkaIlIr law. Afler t'" Ia.... of so.h .Im. as truly be r...uirrd by al'pI1.abI. law. Trostee shall
<br />p ..... nod<< of sale- to tM peI'SOfIS and in the manner prncriMd by applicable law. Trustee. without demand on
<br />.............. srU t'" Ptoprrty at pu/lI;. au<lioo 10 .... hiJ- bi"'r a' .b. tim. and pllt<e and under t'" Irr.... desitlna.rd
<br />in the aotiu of sale ill ODe or IIlOn pa<<eh aItd in such onlu iI$ Truf!tlee- may deteFll1ine. Trust<< may posipone Y.lc of aU
<br />or ..,. por<eI of .he Pruprny by publk an_..........1 at ,... Ii..... and place of any prrviouslv ..bednled ..Ie. Lender or
<br />Le........ .......... _, __ 1M Pn>prrty at any sa1r. .
<br />Upon -..lpt of pay_ of the price Wd. Truster shall drfhrr '0 lhe porch...,r Tem'ee'. ...... .onvryillli: Ihe Proprrty
<br />-.. 'floe rrcllah la .... T......ee.. drr<I shaI1 be prima fad. "itI..."" of 'b. truth of th. .'alemrOU made t......i... Trostee
<br />.... .....,. the........... of 1M .... ia lhe rollowlntl onl." 'a' I" all rr_hIe ,...... """ ..proses of Ih. ....e. indudint. but
<br />lICIt u.iIed ~ Tf1tIttlo:t;-.s fftI of DOt lftOfe titan ~ _A :L..O _ >-" % of the ~roM ,aM priu~ renouble llttomeY~-li fefl and (-MU of
<br />:::................ {hI... aII_......... by ibis Orrd of '1'",-", and Cc) the ...rn. if aoy. ." .b. penon or pe....... l"llally entilled
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<br />19. ~ fticht to Relestaie. No-tWtt~~t3~\hn8 Lender\. a..:c'deraHon l\! the ,um!.'; ~cr.:ufcd by thl'!. Deed of rrH~L
<br />80(t~f ~h-.it MYt:- the fiteM tu hav~ ~n)' p~oceeum~'i begun by I cnder to \~nfQrc(' 1hu f.>.toed of TrUs,l \.h~,'ontul\W'd .at
<br />;tny i;lrM prM.)f 10 the cAtber to (1(:t,,;-Uf ,uf {A.J the hUh day tlef(.~-e the \:Iale of the Property pm"u3flt to thC' p(,lWCT ~lt sale- t.:ont3InC'd
<br />In tbtlOet:d m TrUlt or {ui t'-nttY (M.. lUUlfrnmt cutQr~mg thl!i Oeed of Tn.lit If: tal Borrower r.a~'\ L.~ndcr ill! $.um~ whIch would
<br />~ then due uhdct tb-ft!; Deed Qf Trust. the Note ;lt1ti N:tH:-' ~tlnf\g f\m.m:: Ad\';.lllccs., If ~fnv. h.uj lio .H,;.....-defiHlnn po;.:.;urrt"'d:
<br />Ul) 8of:u:)~.r euret aU lu.e<.tCl:tc1. of 31\)' uther l.'ovenl'tnt!'O or agr~emenh ~-}f Borrnwer ({\ntatne-d III thiS fA~cd nf Tn~\l:
<br />tc), u...w,-6we4 ~'ti illH teilWtti;l;b-k -t\~~~ H<<:,UH~ by L;!ode-f ami Twst<< in cn-I(lr"mg (he covcn:H1h and ;;tRft"(,;mcuB, ,~i
<br />~1\~ ~(;n~~d H1 thl) ~..:H I i"tlS.l and lO- enfr1fClng Lendef~ and Tnl"~<<''l- rcmCl.hc,~ a\ pf,wtded In r;na.~f ap-h IS
<br />henmt. H~k.tdmg. but n<:H: hmtt~ to, rea-lOft/.me 4Ho-r-n~-Y',!< tG'~: "-'Hid !,I.n llOHo-wer f.lkC$ "lK~h a('it{'" .IS lA.'n-der ma\' f(':.l..fI!'l.;lbl....
<br />!~H'e h'l' -/t...*Un~ that rh.-.:- l..en \.l-I th~ l_o of rn;,,<I, Lender'.. IIHt,'.r'C~t Hl the Pwpel1\' ;md B,\rHIWcf~ 'ihh~an~m hI P>l\'
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