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<br />83- lJU6544
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<br />by. thi. Deed of TrUlt immediately prior to the date of taking bears to the fair market value of the Propeny immediately prior to the dale of
<br />taking, with tlu> balance of lhe proceedl paid 10 Borrower.
<br />I f the Property it abandoned by Borrower, or if. after notice by Lender to Borrower thaI the condemnor offen to make an award or .etlle a
<br />claim for d.a:ma8es. Borrower fail> to r_nd to Lender within 30 days after the date such noti<:eis mailed. Lender it authorized 10 collect and
<br />app!ylheproceeds, at Lender's option, either to restoration or repair of the Property or 10 Ihe surns secured by this Deed of Trusl.
<br />UI!Iess Lender and Borroweroth<'rwise agree in writing, any such application of proceeds 10 principal shall nol exlend or poslpone Ihe due
<br />date of lhe monthly installments referred to in paragraphs I and 2 hereof or change the amount of such insUlllments.
<br />Ie. IIen'oweF Nollleloued. Extension of the time for payment or modification of amortization of the surns secured by this Deed of Trust
<br />granled by Lender 10 any successor in interesl of Borrower shall not operale to release. in any manner . the liabilily of the original Borrower and
<br />Borrower's successors in interest. Lender shall not be required.to commence proceedings against such successor or refuse to extend time for
<br />payment or OIherwile modify amortization of Ihe surns secured by this Deed of Trust by reason of any demand made by Ihe original Borrower
<br />and 8orrower~s successors in interest.
<br />I I. F4lI'lleIInmft by lA!ader Not a W_. Any forbearance by I.ender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applicable law, shall not hea waiver of or prec!udetheexerclse of any such right or remedy. The procurement of insurance or the paymenl of
<br />taxes or other liem or charges by Lender shall nOl be a waiver of Lender's righl to accelerate Ihe maturity of the- indebtedness secured by this
<br />Deed of Trust.
<br />U. R....... ('_.~. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy underl!tis
<br />Deed of Trust or afforded by law or equity. and may he exercised concurrently. independently or successively.
<br />13. S- ud AaIpo _lid; J_ ud lIeY_ LIaIIIIIIy; Captl...... The covenants and agreements herein contained shall bind, and
<br />the f'ights hereunder shaii inure to~ tbe- respectivt" successors and assigns of Lender and Borrower. subject to the provisions of paragraph 17
<br />hereof. All eovenants and agreements of Bono",er shall be joint and several. The captions and headings of the paragraphs of this Deed of Trust
<br />are for convenience only and are not lQ be used to intc:rpret or def1ne the provisions hereof.
<br />I.e. Nodce.. Except for any notice required under applicable law to be given in another manner, (a) any notice to Borrower provided for in
<br />this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at the Property Address 01 at such olher address
<br />.. Borrower may designate by notice to Lender as provided herein, and (b) any notice to Lender shail he given by cenified mail, relurn receipt
<br />requested. to Lender's address SUited herelD or '0 such Olher address as Lender may designate by notice to Borrower as provided herein. Any
<br />notice provided for in this Deed of Trust shalJ be deemed to ha,,,'.e been given to Borrower or Lender when given in the manner designated herein.
<br />IS. llalf_ Deed of Trait; Go....... Law; _1IIIIty. This form of deed of trust combines uniform covenants for national use and
<br />non~uuiform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Deed of
<br />TrUll shall be governed by the law of t.ht juriSdiction in which the Property is located. In the event that any provision or clause of this Deed of
<br />Trust or the Note conflicts with applicable law, such conflict shaU not affect other provisions of this Deed of Trust or the Note which can be
<br />given effect without the conilii:ting provision. and to this end th~ provl:stons of the Deed of Trust and the Note are dedarcd to be severable.
<br />16. Borrowert. Copy. Borrower shall be furnished a confonned copy of the Note and of this Deed of Trust at the time of execution or
<br />after recorda'ion hereof.
<br />11. T.....f... of .. ~; ~. If aU 01 any part of the Property 01 an IDler"" therein is sold or transferred by Borrower
<br />without lender"s poor wrilfen t.'Onsent, excludina (.) the creation of a lien or C'ncumbranc.e subordinate to this Deed of Trust. (b) the creation of
<br />a purd1ase money set."Uriry Interest foc household a.ppl.i.ance3~ (c) a transfer by devise. descent or by operation of law upon the death of a joint
<br />tenam Of (d) the: arant of any leasehold interest of three yean or less not c-omainina an option to purchase, Lender may, at lender's option.
<br />declare an the sums.sccured by this Deed of Trust to be immediately due.and payable. Lender shall have waived such up, > to accelerate iF,
<br />prior to the sak or trans-fer. Lender and the penon to whom the Property is to b(' -sold or transferred reach qreement in wriuui thai the credit of
<br />!iuch person is satisfad.OI)' to ~ and that the interest payable on the sums secured by this !.>etd of Trust shaH be at .such rate as lender shall
<br />request. If L-endcr has waived the option to accderate provided in thi). paragraph 17. and jf Borrower's successor in interest hM executed a
<br />wrinen anumplion _, ao:epled in writine by Lender. I.ender,hall rei..... Borrower fmm aU obligations under ,his Deed of Trust and
<br />!he Note.
<br />If Lender exercises such option to ao..'C1erate. Lender shall mail Borrower notice of accelenuion in 8C'-"Ordanl."e y.ith parasraph 14 hereof.
<br />SUch no<ice shall provide. pertod of nOli... lhan .10 days from the dale Ihe noti<.., is mailed within which Borrower may pay the sum. declared
<br />due-. [f Borrower fails to pay;;ouch sums prior 10 the expiralion of 1uch pt:'noo. Lender may, withoul further notice or demand on BorroYo'Cr.
<br />invoke any remedie> permitted by par....aph \8 hereof.
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<br />NON.UNIFORM COVENANTS. Borr,,_ and Under further covenanl and agr"" as follows: .
<br />II. A............ --.... Ell..... .. ............ .. ............ J7 ........f. _pea 1Ien'oweF".~ onj""~1 or ..........1 of
<br />---- lallllo Deed.. TrMt. iIIdalIIIIt .. __ to pay _ due .., ..... MCtIt'Id b, lIIIo 0... ofT...... u..Ior prior. 10 ~lIoD
<br />.... ... .-.. 10 IIlIrnwft .. .......... III ___ 14 ~ ~ (I) I" __; (2) tile ICtioa ....._ \0 cu"' _b b.......; (3) .
<br />... _11M diu >>.,. _ ...... of aotict Io...uod 10 ~. by dldl wdt __ .... be CUM; ud (4) thol fall_ 10 co", ....11
<br />- -........ ......1Il"dfW III tloo aotict _ -at III occeIonlIolI of "_MCtIt'Id by IiIb Deed of TI'IIIIt ud .. of the I'rvporty.
<br />TM .-.. oW ~ w.. a.- of tloo ..... 10 ....... .,. ~_ .... .. ripl 10 briat _ ..... ' 1ldI0lt 10 _ the D.....
<br />~....-.-.._..... *,_of a.n- to_ ud.... If.. _10 Dol................ bel..... tile dale opeclDed ID the
<br />........ u.IIr lit u.IIr's ......... _y ....... all of the _ MCtIt'Id b, IiIb ~ of Tnut 10 be lmmedlaloly due ud JMl)1lble wldloul flHtbtt
<br />...... - - ..... .. _ of _ ud _ ot............ ponalttooI by oppIlcabIo Ia... I...-.1IhaII be oalltlod 10 e_ all..............
<br />--- ~III"""'" ..........,...mdocIIllIiIb...........t..ladtMIlaa. ....Im 1Im11ed 10,.............. .narney'. f_.
<br />If.. _ of _.......... T_'" __ a.-.. of ddaalllA tadI <ott.ty ID ..1lIcb 1M Property .... _ put I........f ..1....led
<br />- ......... ....... of wdt .-.. '" .. _ ...-.... by opplleablo la.. 10 lIorrv1oer ud 10 .. otber _ p....mbed by applicable
<br />...... Ahw tile '-of wdt ... _ _ be ..........lly.appIkalIIe ...... Tnaoteellhall.... pabllc __ of _10 the __ _Ie lito __
<br />--.,.ll7............. ~. ....... ~ 011 Borrower........u lbe I'rvporty.t JMlblle: _ to lito hipeIt blddt!r at the 11_
<br />............. - .. -............ '" tloo _ of ..... _ or ....... ...- ud Ie ..... 0_ .. Tnootet _y ............. T"'I~....,
<br />........ - 8f all "" _ __ of .. ~ by ........ '._._1 al the d_ .1Id ...... of .., provloaoIy .............. I...... or
<br />1Aaoior........._,......... tloo ~.l..., .....
<br />u,........."'~of*............ ~""__IO the ~ 1'_'._ _..,......I'rvporty....... TIN: rodtalIle
<br />Ibe~....... ............ fide......... of flit _ of the _to _ tberola, -nw. olIall oppIy the ...- of lito _I. 1M
<br />,.........-1....... r--._ - _..r .....IRdIIdIat. bat RolIlml....IO. T_'. f_ of _ ........ tbu ....Jil!....."..,.
<br /><It flit _............--... ....,.. t_ ......... of _ <'fldtalta; tb) 10 all..... JIO<Ul'Od by doIa ~ of Tnut; alld (c) lb. .._, It
<br />_. ......_ "" ...... \oaoIlf _1llIM tIIonl<I.
<br />I., --.................... Notwlthslandina Lend<>r', &e-"*,ali",, 01 'h<o ,urn. ."",,,od by lhi. Deed of 1'ru". I.iormwer .,bAii have
<br />the:- fJ.am ,to Qft _BY "'~ bc8un by l.-tndttl' lu ~nforCC!- th:k ()iecd of 'fru$-( diM:ootinued il1l11Y lnne 'prim to (~ earher to {)C~Uf' of lh tOt
<br />nfle. day t.f<<tl tbe Ate: of the .Prt)per~)' pursuant 1<..' the- pi:)'VlfU' of iak tonwned in thk. Deed of TfUM (}f (ii) wtry of II ludamcnl ctlh..'n:m~ this
<br />l:leed of' rnm: .iJ: (.~ ~ r.t}"!o ttndet -all $.wn5 w-bk-h "",QUid be tben d\Jlt' u.ntkt ~hh f>ftd of Tnnt, ~hc No~e- and nQ{~ S('l;uriOIl FUluJ"e
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