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<br />83-.. D06642
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<br />9. Condemnation. The proceeds of any award or claim for damages, direct or consequential. in connection with any
<br />condemnation or other taking of the PropenYl or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall he paid to lender. .
<br />In the event of a total taking of the Property. the proceeds shaH 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 he applied to the sums secured by this Deed of Trust such proportio!l of the proceeds
<br />as is equal (0 that proportion which the amount of the sums secured by this Deed of Trust immediately prIor to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of tak.ing. with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower. OJ" if. after nOlice by Lender to Borrower that the condemnor offers to !Dak:e
<br />an award or settle a claim for damages. Borrower fails to respond to Lender within 30 flays after the date such notice IS
<br />mailed. Lender is authorized to coUect and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured by this Deed of Trust.
<br />Unless L::-nder and Borrower otherwise agree in \Hiling, ;lny sllch application of proceeds 10 principal shall not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs I ,)nd 2 hereof or change the amount of
<br />'!iuch installments.
<br />10. Bonower Not Released. Extens.ion of the time for payment or modification of amortization of the sums secured
<br />by this Deed of Trust granted by Lender to .my .successor in interes_t of Borrower shall not operate to rele~e. in any manner.
<br />the liability of the original Borrower and Borrower's successors m Interest. Lender shaH not be requlrcd to commence
<br />proceedings against such successor or refuse to extend lime for paymcm or otherwise modify amortization of t~e sums
<br />secured by this. Deed of Trust bv reason of any demand made hy the original Borrower and Borrower's successors in, mterest.
<br />11. ForbearaR('e by Lender Not a Waiver. Any forbearance by Lender m exercising any right or remedy hereunder. or
<br />olherwjse afforded by applicable law. shaH not he a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the payment of (ax.es or olher liens or charges by Lender shall not be a waiver of lender's
<br />right to accelerate the maturit)! of the jndcbtedne.\..'~ ~(,.'cured hy this Peed oC Tnl'SL . __ , .
<br />12. R~edies ,Cumul.tive. All remedies pnwli.Jcd In thiS Deed of Trust arc dl.slln~t and cumulative to any other nght
<br />or remedy under {hIS l:>eed of Trust or afforded by law or eqUIty, >!nd may be exerCised concurrently, independently or
<br />~uccessiveiy.. .
<br />13. Sutcesson and ..--\.u,ians Bound; Joint and Seve-ral Liability; Captions. The covenants and agreements herem
<br />;:ont:tined ~hall hind. dad the rights hereunder "hall inure In. lhe respt:t.:Iivc ~u-cces....ors and assigns of Lender and Borrower,
<br />~ubJect to the prOVISiOns. of paragraph 17 hereof. ,.,\11 !:o'venants .tnd <1greements of Borrower shall be joint and several.
<br />loe captlons and hC3dings of the paragraphs ld thIS Deed ()f Trust arc for convcnlem:e only and -are nl"ll to be us.ed to
<br />interpret or define tbe proViSIons hereof. .
<br />14. Notice. Except for any notICe n~qUlrcd und~r applicabic !;JW 1.0 be, g.iven 10 another manner, (a) any notice to
<br />Borrower proVided for In thIS Deed of Trust shall i)e given hy Hi.lihng such nc'-tlce by (:crttfied mail addressed to Borrower at
<br />the Property Address or at such other address. :is Borrower may dc..'ilgn:Hc hy notice to Lender as provided herein. and
<br />\ b j any notice to L(:'1~er shall be given hy .certltloo _mail. return receIpt re-q~esfed. to Lender's address stated herein or to
<br />:.'ucb other address .ll.\ Lender mily dOlgnatc by noUce fj.) Borrower ;Ut. proVided herem. Any notice provided for in this
<br />Deed of TnlSf shalf be- deemed 10 have been gIven hl Bo(wwcr or 1. cnder when givt:n in the manner designated herein.
<br />15. Vnifonn l)eed of Trust; (.onl'ni11jt Law; ~H~f'Dbility. rhi~ form of deed of trust combines uniform covenants for
<br />n,iilionallbc and non-uOIform CQ\'enanls with ImHted \~lr!alwm. [IV lUflSdl-Clioll to constitute 3 uniform s.ecurity instrument
<br />cm.-ering real property Thi~ l"ked ot Trust ~haH he gt..werned h\ the"iaw of the jUfI:Iodic,tion Hl which the Property is .located.
<br />In the event that any provj~lon or ,:law.c of ttl!~ Deed (It I rusf or the Note ..:onfllcts With ~pphcable law. such conflict .shall
<br />not affecl otner PCO'\:tiWtlS. t)f thIs Deed of Tmil or the Note whIch \'~3.n h.... gIven effect Without the conillcting prOVision.
<br />and to thi.'i end the proVls.lOns vl the Deed (,t flUS! ilnJ the 'KOh.' ~m.~ JcdareJ w he severable,
<br />l6~ Borrowfl'"s (:op)" Borrower sh.aH b~ lmnl'\hed;! \"onturmcu ",:npy (II th<::' Noh~ ilOd of rhis Deed of Trust <\t the lIme
<br />l,t c,-ecution Of after recerdation hereof
<br />17. TflID.'Ifer of the Property; A_umption~ It all \H an) part nf the Pn:'lpert) or an imtresr therein is sold or transferred
<br />hy Borrower WIthout Lender\ pnor ~nHen umscnt. n.duumg i a I the neHW-n of a lien tlr encumbrance sobordinare w
<br />thL'i Deed of Trust. {bl the (rcatlon ot .) p\Jfcha~e mone~' :.ecurlty I1ltcre~! ior h()usehllld appliances. (c) a transfer by~: "';~>."'.
<br />descent Of by 0perilhon of law upon the l.kath of a J\,ilOt tenant <lr ! d} lhe gr;wt (\( any lcitschold Interest of three years 01 :ss
<br />not f;ontatntng 3" optHJ-n to purch3.St:, I C"nd.:-r m<1\-. ..if 1 cndcr's oplnHl declare ,di the sums :l,ccurcd hr this Deed of Tru~i. to be
<br />lHmtediateiy due and payabieo Lender :-hail h;t~.c w;tiYt'{i ~.Udl OPUI..\f1 ll,) a~celenl1e if. pnof 10 the sale or transfer. Lender
<br /><ind the perwn h' whom the Pf()peny ;,,, h} r...~ sold ..If tf.ill'J.fencd fC~tI:h agreement 10 writing thai the credit \)( such person
<br />r~ ~atisfaclory tl,~ L~ndcr ~od thai the inter(:~l p:.1-\'ab1t \'n the \\HH'j; \.-':'L'ured hy lhl~ Deed of Trust shall be at such rare U!i.
<br />l.ender shaH requesL Jt Lcnde-r has wa;vt'tl rhe OfltHJO hJ a;':l:cl~r~lt~~ prov1ded 111 thIS p.;uagraph 17, and if Borrower's successor
<br />In mterol has executed a ~riHen .J.!>>umpuvn Olgreemcnt a.::....cph.'d tfI \.\;nfHl~ hy Lender, Lender 'Shall release Borrower from
<br />oJll obligations under !h~s. Detd \..'1f Trust .mJ the Note
<br />If Lender ('JlCfCISC$ ~uch nption h' :l,...~dcf:He, 1 t'nder "hall mad Borrower nollce of .ac1..-eleration in accordance WIth
<br />paragraph 14 hereoi Such nOllce shaH prov,dc-.:t penod \.'It fhH k'"" than '0 days from the date the nmlce is mailed within
<br />which H-orrower fna) pay the sum~ dedan:d Jue_ tt 1il.Hu\.\ocr t:ub 1\1 p.1\ \uch \1.J1US poor 10 the expIration of such period.
<br />lender may, With-out furt~r nOHet ,,~r .1<mand o.n BOlw\o\-er. jn\o~(' an\ IClHedll"S rcrmitted by paragraph 18 hereof.
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<br />'SOS.l..NII-OR!o.l (',lH'N,",Nl\ B~).rr(lWef :m-J LenJ~j hifther I.:ovenant and agree as Inllow.'i:
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<br />IS. .-\n'de-,..tion; Rrmfllib.. Enf'pt as pro't'tdf'd in plu'flt:raph 11 her~f. upoQ Borrow~r'!ii bre~b of anJ covenant Of
<br />itgfft'lftfltt of 8orro"'f'r in rllb Llffd nf lru...t~ indudina rhe l'ounanUi to pay ~'b~D due >>oy sums secured by this Deed
<br />af l'nm.. 1.-<<';;=: prior lu 1Kc~k:1llt=-:\ !>hal! m= rmtk~ to 8orro""f'f '" pru\-ided in paragnljJb 14 hrreof spedf)i~: (1) the
<br />brellC'h: (2) 1M ....-tien requirfll 10 ,..ure ~u('h bn-ikh; IJ) a dale. nut It'S!. than 30 days from lhe date- the notk4: is maDt'd to
<br />Borrow~r" by ~-hkh ~\K'h br'C!ac-h must be ('urrd: and (4) th.. railu-r~ 10 curt suc:h brt:ach on or befor~ the date specified
<br />in lbe ~ may resuh in 1R"1.'mration of the sums. Sl"cW't.'d b.~' 11th. lletd of T rug and ule (l'f the Property. Tbe notic~
<br />!f.baII funlte.. inform BOl'fown of tbe lith. to rein.'latt .fler an:rlnation and the rlRht to brine II ('ourt action to 1ISSC'r1
<br />1M llOIt-t"dltt:'nn- of . del>>uh ur an\' ur~r ddeDM of Borro~~f to a('l'elnation and salt. U Ihe brea'l':h is not l'ured
<br />uti ur bt-forr .~ dat-e ~ified in Ihe ~ii<<. tC'nder at l.t'n-der\ option may dedare aU of the sums secured bJ this lleed
<br />of 1'nast to 1M- itAlftflliatdy d~ -..d p:a,.abk .....itboul t"1fnht-r dt'mand and ma)' in..ok~ the powt'r of sale and any other remflJies
<br />pe-nnilttd b). appIKabIr law, tC'ockr shall ~ f'ntitkd 10 colitt". aU rt'asonable t'osb and expcl\SeS incurrrd in pursuina the
<br />~ pnt,"Wetl in this parac-rapb 18. JudutiiRl. but not limited to. reasonable HUDnleY'!i fHS.
<br />If the- powe... of Ale is iDH)lu~cl. Trust<< \haJI nt'uld a notice of default in eadt ('odnt)' in ~'bicb the Propec1y ..f ~()nle
<br />part rhen:of ~ Iocatflt and shall mail t'Opin of s\K"h noli<< in dw- mann("r Pn"M.'ribed b)' applicable law to 8ocrt)wer and 10 tbe
<br />Qflt<< Pft!iOM prtiiCribrd b_" .ppli<'atM 1M-. Aftef' 1M ~ ~f w<h time In mM, be' rrquiJ't"'d ..,.. appli('.blr law, "'OL~<< .!t.1uU1
<br />gin ptJhIk node\" of uk to the pt'~ and in 1M maflflff prncrilwd by ltppikable law. Tru.~re:t without dor-mand on
<br />Bono-fl'. ~haU sdJ rhe Proprrty at pubIk aucltuft 10 Ih~ hilbeS1 biddt'r at tht dmf' an.d place and uQ(kr .he terms desift,natrd
<br />i. the JlOI'i<<- of uk Nt f)ft<<- or IIIOff par<<is and in ~uch order .~ Trustee may dc:-terminc. 'Truslee mB)' postpone "!late of aU
<br />or aft,. -pared of 1M P-ropeny by p-uWk .aftftOUncrnw-Dt at the lime and pla<< c.t aQY ptt'violld,.- S4'MduJ~d sale. Lendff Of
<br />[~....~. tIai&Mc lIUly ,...dUlse the Property at an" sa~,
<br />UpeIl n<<ipt of pa)',*"81 -of tht pri<<: hid. Trustee ~! delin-r to the purchaser Truslff's dt"r.d conveying the Propt:rty
<br />soW.. The f'Kitah iD tM Trafl~~ dU'Cl shaD be- prima facit- ~videncr uf the trutb uf the statemf'nts made- there-in. Tru..~~
<br />... apply tM ~ of 1M sa!< in lhe f<>lIo"""U"ckr. "1 10 all ",....nollk costs .nd npe..... of Ih~ SIlk, iodudillll, but
<br />... liMited to~ T~"j, f~ of not ~.han _ ,_ ,1__. Y __ tf of the CroQ ole price, reuon.We "IOfM'Y'S f~ and ("osri of
<br />:::..... ~; lbllo all....... """uRd by this v...d of Trml; and te) th~ n<"",. if .ny, to th~ p<>:son or penon> k-Ilolly .ntillrd
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<br />19. .lertvwerJ It.... to R-riDstale. NotYHti't'J.t,;tnJmg l.cllder\. ~lcct'lerattoo tIt the :,llfllS \1...'1:ufc-d b-..' thIs. [x-ed ('{ fPisl.
<br />lk'rf-r\Wret !haU have the fi,h.t 1\) ha\'e atlY pH~e~Jing'i begun by I.nlder hl t:'ftt'on~e thiS Ikcd (It 1'n1'>' di:'J.conIHlHt.:d at
<br />;t;nf ~m)e prmr- ~() the, C'-<ldl<'f to OCJ;:U( (~f (I) tht:' fifth d-"1~' befon~ t!k" s.de 01 tht: Pro~.t1'r' pursuant h) lhc 1~)Wt:'f fit ,;..k i.'-~lnl.tIlU~~i
<br />In tnt\ DAd ot rl"u,.t or tH} t!nlry of -<l JH(18incnl en!(H,,'m-K thh_ r~d 01 THh1 If: i~tl Ue,rn1wcr pa"~ I caller all 'Wn!"'- whH.'n \\'ould
<br />he l~ due undct-thu Oeed fit Tru\t.. the Nt-)t(' and nOfe, \I.~~unng Futme Advarn."c:i.. d' ;Hl~, h.hi no i,h."~'dn:alwn l~"\~urn'lL
<br />{b~ BnrH~f nit'" IIU breac-M1i! ol any ,mh(:f I.:t)-'o'l!t'unt\ 0)( ';l~reefll('-ltt~ (\1 R{\(wv.-er ,."onlall'1(',1 HI thl'\. lkl..'d \~f f I'thl.
<br />h:,:) iklrt(nwCf -p.&n <tU fe~~UJtabJe e'~~l<\(''' H1Cliff(",! by 1 en~k{ and rrll'S!~ In \,'nhtH,'Jo" the ('.:.H'l.'o"nh :.u:u ...s:n."t'IHt'nl!<t ,-"1
<br />Ro,ttt:JW\l( tOO~Alned Ii} ttU'i l>eed ~~t I rU'f.t "_fhi l'n entoc~lJ)g l,.cndu', ,and rfm,tr:e'~ n:mcJ.Il.:\ .l" phW'l\Jed In r..-ratzraf,h I R
<br />h<<i1:il'f. lnctvdir~, ~tl. ikJ-t h'U-ltW hJ. tr:>illU.m>>bt.c a1h)fOe~'.~ h:("-I., i'lnd I.d! tkUH)..,.'\,~r t;1"'1"S- ,~"..'h al..'(:t~ln :.!, I ('nda fnuv h~a"':'~ilbh
<br />r~-,u:r" 1I-" _*,01': fO:&\ l.ft< h~1l (tl dn~ [~u ~)f Tnl";t, h'j'hl(r~ H11Nl'_..t m PH." Prnpenv __Hltf H,lnnw....(" d~h~.llHli\ hI p,1\'
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