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83- 006627 by this Deed of Trust immediately prior to the date of talting bears to the fair market value of tbe Property immedi~~l; prior to the date of taking. with tbe balance of the proceeds paid to Borrower. If tbe Property,is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make an award or settle a claim for damages. Borrower fails to respond to Lender within 30 days after the date sucb notice is mailed. Lender is autborized to collect and apply the proceeds. at Lender's option, eitber to restoration or repairof the Property or to the sums secured by thisDeod of Trust. Unless Lender and Borrower otherwise agree in writing.:ooy such application of proceeds ro prindpalsball not wend or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change tbe amount of sucb installments. 10. Bono...... Not ReIeued. Extension of !he time for payment or modification of amortization Of the sums secured by this lJeellof Trust granted by Lender to any successor in interest of Borrower shall not operate to release. in any manner. theUabllityof the original Il9ltOwer and Borrower's successors in interest. Lender shall not be required to commence proceedings. against such successor or refuse. to ext~ iline::to~ payment or otherwise modify amortization of tbe sums secured by !hisDeod of Trnst hy reason of any demand made by the original Borrower and Borrower's successors in interest. 11. F_ by Loader Not a Waiver. Any forbearance by Lender in exercising any right or remedy bereunder. or otherwise afforded by applicable Ia:w~ shall not be a waiver of or preclude the exercise of any such right or remedy. The procurement of insurance or' t.be; paym~t-of taXes or otber liens OT charges by Lender sball not he a waiver of Lender's right to accelerate the maturity of tbeindebtedness secured by this Deed of Trust. 11. _ Cwlmlati.... All remedies provided in this Deod 0 f Trust are distinct and cumulative to any other right or remedy under this Deed of Trust or afforded by law or equity. and may be exercised concurrently. independently or successively. 13. Saa:aoon .... AIIipI Bo....; SoIat aad Several UabIIIty; Captious. The covenants and agreements berein contak<<l sball bind, and the rights hereunder shall inure to. the respective successors and assigns of l.ender and Borrower, subject to the provisions of paragrapb.17 hereof. All covenants and lISreemen.. of Borrower shall be joint and several. The captions and headings of the paragrapbs of this Deodof Trust are for convenience only and are not to be used. to interpret or define the provisions hereof. 14. Nolke. Except for any notice required under applicable law '0 he given in another manner. (a) any notice to Borrower provided for in this Deed of Trust shall be !liven by mailing such notice by certified mail addressed iO Borrower at the Property Address or at such otber address as Borrower may desipate by notice to Lender as provided herein. and (b) any norice to Lender sball be given by certified mail. return receipt requested. to Lender's address stated herein or to such otber address as Lender may designate by notice to Borrower as provided berein. Any notice provided for in this :Deed of Trust shall be deemed to have been given to Borro'o\o-er or Lender when given in the manner designated. herein. 15. Uaif_ Deed of Tnut; GoftnliB& La", Sev....bIIIl}. This form of deed of trust combines uniform covenants fOT national U5;' and non.uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Deed of Trust sbaU be governed by the taw of the jurisdiction in which the Propm:y is located.. In the event that any provision or clause of this Deed of Trust or the Note conflicts with applicable law, s.uch contlict shall not affect other prOVisions of this Deed of Trust or the Note whieh can be given effect without the conflicting provision. and to this end the prOVisions of the Deed of Trust and the Note are declared to be severable. 16. BorrowK's Copy. Borrower ~hall be furtti.shed a conformed copy of the Note and of this Deed of Trust at the time of execution or afler re<.."Ordation hereof. 17. T....rer of cite Property~ A!latuBpdoa.. Jf all or any pan 01' rhe Property or an interest then:in is sold or transferred by Borrower without Lender's prior wrinen consent, excluding (a) the creation of a lien or encumbrance subordinate to this Deed of Trust, (b) thr- ;,.~tion of a pun:hasc: money security imeresl for household appliances. (c) a rransfcr by devjse. descent or by operation of law upon the death { (a joint tenant or (d) the granl of an)' teasehold inter~1 of three years or less not containing an option to purchase, Lender may, at Lender's option, declare all the sums sa."'UroJ by this Deed of TrUll tQ be immediately doe and payable, Lendcr shall have waived such option to accelerate if, prior to the sa.le or transfer. Lender and thr person to whom the Property J$ to be sold Of transferred reach agreement in writing that the credit of such person is satisfactory 10 Lender and that the interest payable on the sums ~ured by this Deed of Trust shall be at such rate as Lender shall request. If lender has qived the option to ao:deratt provlded in this paragraph 17, and jf Borrower's SUCI".'eSSOr in interest has executed a written B.S$un1ptlon qreement accepted in writina by Lender, Lender shaU release Borrower from aU obligations under this Deed of Trust and ,he Note. lf lcnda" eXi!fclY:s such option to a~--dr:rate. Lendt'.f shallIllai1 Bm-rower notlce of aa,:derat1on in aCCQrdance with paragraph 14 hereof. Such flOtice.:shall provide a period of not less than 30 day) from the date the nolice is ma.de<! within which Borrower may pay the sums declared due. If Borrowu fails- to pa)' such sums prior to the expiration of such penod. Lender may. Without funher notice Or demand on Borrower. invoke any remedies permitted by parqraph 18 herooL NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: II. A........_; RnMdlea. F.1lcept as __ I. _~ 17 hereof. upon Bono.....s brneIt. or...y oo._t- or a.--t of ............Iu tldl DoetI of TIWt. IadadIaa t'" c_1s 10 par ...... dllt aay '0IIII aecumI br tills DoetI o'Trait, ~ Rrior tollClCeierJltlo. .... tIIIIlIlIOIice 10 1Iem>.... as pro....... la ..-,Il14.......f speeifJiDl: (II the "'-II: (1) the aclloa required to cure _II bmeb; (3) a ..... DOt to. .......l8 dlQa lev. the .... olllOlice Is __ to Bonower. b, .._ _~ bread! .....1 be cured; aad (4) liIat fallare 10 cure _~ bread! oa ... lief..... the dale spodfIed Iu ....lIOIice -r naaIt Iu acceIenlloa of the.ems __red by tIlla DoetI of n..t aad .. ollile Property. ...... lIOIice .... fwtIIet- Iar- ............ 01 1M ri&Illlo m-~ after aecderallo. aad the rlaltl 10 brIJII a eoarI ulloa to _ the ...,. ....... of a...._ or IlJQ _ dd_ of IIorrower 10 acceIen_ and sale. If the _ II DOl cured o. or before tile date.podf1ed ill tile lIOIice. I..- at 1..-', opIioa -r dedare aU of 1iIe..- _oued by tllla DoetI 01 T..... 10 be immetll.alely dllt and payable wlliloal rl1l1her _ aad -r Iu._ tile _ of sale aad., _ _ p.....llled b, applicable law. Leoder .ball be ..1It1ed to coIIecI all reasonable _..._~........... ...._pro.1ded Iu tIlla panarap~ 18.lndadiJI&. b.1 aot lIm1led to. reuooallle aU_r'.'_. If tile po.... of sale It lavokad. T_ tluIil _ a lIOIice 01 delallit I. ...~ -alY In .._ the Property or so.... put thereof Is Iocaled ....... ""'" ..... of .... lIOIice ... tile _ ~Ioed by applicable law to 1Iem>_ aod to lite oliler .......... pl'fterl_ ~y applIallla ..... After .......... of _llae as _lte....... ~, appIIeaIIIe law. TMIIIte _ (lI... poobIIe pollee of sale to lite _ aod I. tile _.... ..........Ioy ............. ~. _t""'" oa 1Iem>..... ._ ..u tlte Property at poobIIe a_ to lite IIlPeoI bidder att'" tl_ ... ....... ..... datt _.......... la ....lIOIice of sale la 0.. or JIIOre ...... aod 10 .... onler as T_ """ dettna..... Tnul.. may .-.- .. of aI Dr ..y ........ of IiIe ~ by pol>lk: a._I at tbe tilDe aod p1_ "I' all)' pre.loasiy scloed...... ...... Lellder or 1..-.,....... _......... datt ~ .tasy'" l~........ of __ of datt prb IIlol, ~..... tkIInft 10 .... p.m.- T.......... dNd OO....JiDI lito Property sold. l10e redtalll. IIIe T_.'........ be...... f_"*- of ....1nI1i1 01.... sta_ ....... I~.. T_ ./tall apply'''' proceeds of tlte sale 10 the ,............ (alto alt-"le_'" __ of.... sale. Iud..... buluotllmlled to. T....IM..,_ ol.ot more liIao ._~.1:lIA__._.'" of....... ...... .-- at...,.. 1_ aad .- of title .""""-: (It) I. all .._ IOCumI br IltIa 0ee4 01 Troat; ...d (e) lb. ...-. If 1IlIlJ. to IIta _............,...... u...c.. ,t! 1Iorrower~.. ...... to ......... Not...itJutanditta Lelldet r~ ilt1.."ek-rlll,J()t) of ~ he: !H.um 1!oKured by tht'!. [.)eed of TruM, B<Jffowet shaH ha \'1: the r.. Jl:}4ulve au)' Pf~ belWt by ~ It) enfof{;.e ttui IJt'ed nf 'froM dt-U-OfHJnued at any dint' pri{\( 10 th-c e-arlicr to tx"X:ur of (i) 1h~ (it'tft..)' bcfott the .. (Jf tbe Ptupeny putlWUU to the power Qf :\ilk ct.lnl.wGC!d in itAU. flted of Tru..st l)f ('ii) t'tlrr)' (\f if- judgmt'ot e-nfQJ'dl1J this Ilef.td ~(1'Nti Jf: t.J-_ Btx"tf,.\'illte( ~yt t~.u IIHunt WiU4;b wuu!a.1 M thtn due u~ tnt,. t~ of Tru~t. Ih~ Note ,j;,nd. ilutl."::'i ~urln. Fuuuc