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<br />83__ U06735
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<br />9. Condemnation. The proceeds of any award or cJaim for damages, direct or consequential. in connection with any
<br />~ondemDation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid '0 Lender.
<br />rn the event of a total .aking of .he Property, the 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 Bo~rower and Lender
<br />otherwise agree in writing, there shall be applied to .he sums secured by this Deed of Trust such proportIOn of the proceeds
<br />,IS is equal to tbat proportion which the amount of the sums secured by this Deed of Trust immediately pnor to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />pai4 to Borrower.
<br />If the Property is abandoned by Borrower, or ii, after !lolke 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 />mailed, Lender is authorized to coHeer 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 Lender and Borrower otberv.rise agree in writing. any such application of proceeds to prmclpal shall not extend
<br />or postpone the due date of the monthly installments referred [Q in paragraphs 1 and 2 hereof or change the amount of
<br />such installments.
<br />10. Borrowe:r Not Released. Extension of the time Cor payment or modificalion of amortization of the sums secured
<br />by this Deed of Trus-t granted by Lender t(l any SUccessor in interest of Borrower shall not operate to relea.se. in any manner,
<br />lhe liability of the original Borrower and Borrower's successors in interest. Lender shall nOI be reqUired to commence
<br />proceedings against such successor or refuse to ex.tend 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 ~orrowe.r .and Bor~ower's successors in interest.
<br />11. Forbnnmce by l..enclft Not a Wai"'~r. Any forbearance by Lender m exerclsmg any fight or reme~y hereunder, or
<br />otherwise afforded' by applicable law. shalt not he a waiver of or preclude the exercise of any such n~ht or remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lcnder shall not be a waIver of lender's
<br />fight to accelerate the maturity of the indebtedness secured bv this Deed of Trust. . .
<br />12.. Remedies Cumulative. All remedies provided in this Deed of Trust are distinct and cumulatiye to any other nght
<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. Svensson and AiiSigos Bound; Joint and Several Liability; Captions. The covenants and agreements herein
<br />contained shalf bind. and the rights hereunder shall inure to, the respective ~lJccessors and assigns at Lender and Borrower.
<br />subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall be joint and several.
<br />The: caplions and headings of the paragraphs of this Deed of Trust are for convenience only and are not to be used to
<br />i nterprct or define the provisions hereof. _ _ . _ ,
<br />14. Notice. Except for any notice reqUIred under applicable law to be gIVen In another manner. (a) any notice to
<br />Borrower provided for in this Deed of Trus[ shaH be given by mailing such notice by certified mail addressed to Borrower at
<br />the Property Address or at such other address as Borrower may deslgnale D}' notice to Lender as provided herein, and
<br />(b) any notice to lender shall be given hy ccnified mail. return receipt requested, to Lender's address Slated herein Or to
<br />such other address as under may designate by notice 10 Borrower as provided herein. Any notke provided for in this
<br />Deed of Trust shall be deemed 10 have been given 10 Borrower or Lender when given in the manner designated herein.
<br />15. URifonu Deed of TrII5f; (;ol'f'rni-. taw; Severability. ThiS form of deed of tmst combines uniform covenants for
<br />national use and non-uniform covenants with limited v3nations by JUflsdiction to constitute a uniform security instrument
<br />covering real propcn)'. This Deed of Trust \hali he governed by the law ot the Jurisdiction in which the Property is located.
<br />fn the eyen! that an)' provision or clause of Ihi~ Deed of Trust or fhe Note conflicts with applicahle law, such conflict shall
<br />not affect other prOViSIOns of thi, Deed of Trust or the Note which can ~ given effect without th~ conflicting provision.
<br />and to this end the: provisions of the Deed of Trust and the Note ar~ Jectared to be severable.
<br />.,. Bonowerts Copy.. Borrower shaH be fmn!<;hed a conformed ;,,:opy of the Note and of this Deed of T. . 1t the time
<br />of execution or after recordation hereof.
<br />17. l'nuIsfer of the Property; AllSuhtption. If all {.r .tOy part of the Property or an interest therein is sold or transferred
<br />by Borrower without l..ender's prior written C0ment, c:w..duding (a) the Geation of 01 lien or encumbrance subordinalc to
<br />this Deed of Trmt, (b) the creation of a purcha~e money :'iccurity interest for household a.ppliances, {c) a transfer by devise.
<br />descenf or by operation of law upon the dealh of a jllinl lenafll ,)r f J) the grant Df any leasehold interesl of three years or less
<br />not containing an option to purchase. Lender may, ;1t Lender., optIOn. ueclare illl [he sums secur~d by this Deed of Trust to be
<br />Immediately due and paya.ble_ Lender shall have waf\"cd such opilon to at:cderate If. prior 10 the :laic or transfer, Lender
<br />and the person to whom the Property is to be ~old. or transferred reach agreement III writing that the credit of such person
<br />is satisfactory to Lender and th.at the interest payable ('0 the "wn~ ,>ccurcd by this Deed ot' Trust shall be at such rale as
<br />Lender shan request. It Lender hu w~uved the oplion 10 ;;tC-~eler;ue prOvided In rhis paragraph 17, and if Borrower"s SU(,;cessor
<br />In intcr'est hn ex~uted. a written auumption agreement acceplw lfl writing bv Lender, Lender shall rdease Borrower from
<br />aU obligations under this Deed of Trust and the Nme.
<br />If Lende.-- exercises such Option 10 a,ccler:nc. LcncJer shuH mall Borrower notH;e of ;'H.:celeration In accordance with
<br />paragraph 14 hereof. Such notice shall provu.Je it perrod of not kS-!l than 10 days from the date the nOlice i~ mailed within
<br />which Borrower may pay the sums declared duc, If Borrower fad:;, 10 P~H ~uch. sunts prior w the t.~plratjon of such period.
<br />Lender may, without turther notice or demand un Borrower, Ul\-(\.).,l: an) reHled~e.s permirted hy paragraph 18 hereof.
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<br />NON.UNIFl)RM COVtNANlS Borrower ;md Lender lurther f.'OVena", and agree as. to!lows.
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<br />18. ACUHratioA; ReRlflties.. fo:xcepl as provided in par-.graph 17 hereof, upon Borrower's b~acb of any ('O\,coul or
<br />acree-mall of Borrowt"-r in thti Deed o-f l'rust~ loc.ucIing th... cO~'t'nanls to PJiy WbeR due any sums secured by this Deed
<br />of Trust. Leadef priOr to at'ce&e.....tio.. shall mail ilot;n~ 10 BOI"ruwn )is pt'o~ided in pIlragraph 14 hereof specifying: (1) the
<br />breach; (2) the action required to {"tire tneb bn-ach; (3) a daft'. not te:s~ than 30 days from tbe date the Mtice is mailed to
<br />Bonowel'. by which such breach mU$( be l'Wftl; and <<'4) tbat failore 10 cure such bre;K'h on or bdQre the date specified
<br />in the notin- mal nsul. io a("c~ration of fINo sums Slt'cufe'd by Ih~ ~d 6f TrusC and sale of the Property. Tbe notice
<br />!JutIl 'ulihe.. inform Borro","e-f of the richt 10 rdnHate- aflel' kl'erera'ion and th~ rigbt fo bring a court acfion to ti.~rt
<br />the I'tOA-existl'ftCe of 8; ddauh or an) miter dtftnse of Bouo'Wr:r 10 acceleration And sale. If the breach is. QO' {'ured
<br />GO or before thrt- dat. spedfied ia the ftOtke. Lender at Lender's option may declare_ aU of the !iums secured bJ'. this Dud
<br />of Trust to be illllRt'diatdy doe and pa)'abte without rurth~r demand and ma,' inl'oke the power of sale and any other remedies
<br />penaiUe4 by appikabJe law~ LelKier shaH be endtled 10 ('ollttf aU reasonable costs. md expenses incurred in pUf'Suing thi'
<br />~mecIies pwvided il1 tlUs ,.,.I"apb J 5. ~nLludiug, but not limited 16, retiOubJe attoruey's fHS..
<br />If Ute PO"" of 5aIe is invoked, Trustn shall r<<unI a notice of dd.uU in each county in which the Property or some
<br />pan thereof " located. aad sIutU mail eopies t)f su(:h nolKe in 1M malUlff pre-scribed by applicable law to Borrower and to the
<br />odte<,."...... _n'llod'" appIkablt law, Aflor the la.... of such li_ "" may be n-qolred by applicable law. Truslee .hall
<br />&i.e pooWk DD1I<< of - 10 the ...."""" and in lhe man""r pre><ribed by applicable law. Trustee, without demand nn
<br />BorrOwer, shalt leU the Propert) al public auction tu the hichest biddu at tbe time and place and under the' terolS desigua'~
<br />ie the notke of $IIIe. ia ON -or more par{~ls and in su('h ocdr.. as. Trustee may determine. Tru~fu mil} postpone sale of all
<br />ot ...y ~.l of the Properly. by poblk .n""UMelDent at the ti_ and place of any pr..i.....ly s<hednled sale, Lender or
<br />lAnder', dos/pft .....y .......,.... Ilae p........rty ..t uy _.
<br />l1poa ~.. of paymeat of the price bid., Tf'U!i14:1t shaD ddivu 10 tbe purchaser Trlla:l<<'s dud conveying the Property
<br />sold. TIM n:dbh in tbe Trustee's- dftd man be prima fade eVidence of the trutb of ttw statements made tIH-reio. Trusle.?
<br />oltdllJlPly tho ~ of the sale ill the InfIowinK order: la) to all no_nable c..... and ..penses of the ...Ie, including. bUI
<br />ROt U8iited 10, TI'1IskC~$ fea; 'Of not more than _ _"L Q __ . _ _ ~_ % of tile g.r0S5 sale prier. lr>>soltllbk attorney's fee6 and ('os's of
<br />::::':"'oIdoact; (10) te aII_ -- by Ib'" Deed uf Trust; and tc) the ..c_ it .ny, to Ibe .........n or ....nons l.gally entilled
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<br />I~.- Iono~. -Ri&kt ,to. .Iteio8tate. NotlA-ith'lalloiog Len~f\ ;,u.:I;c!crallon <J! the mOl!>. ~cured by lhl.. De~d ()t Tn~~{,
<br />IloTf~w.c-{ :so"l ha.l!~ -the, niht tQ have: any proceedingl'o begun by Lender 10 enforce this I::>etd of TCUM dlSCOntlOHCo. at
<br />3U-)' ~une pttuf_ ~u-lhe e..riu::r too Q{;C\.Il of {i) the fifth J-a)' bef?re the ~a1e of the Propen)' pur;>)uant to the power of suJc ('prH"incd
<br />mtbllOccd-ofTruitOf(U)entryoL\ljudameOlenfon.'lllg thlli. !':><<d_o{ Trust It: fa} 80fTQ-wer pays. Lender all MHlh Whfl.:h would
<br />tlc:, then d.ue lmdcr ttllt' ~ (>> Trust. the Note ~nd noie.. WOlflH-g Future Advanc-L':s. If ~Hl), ;uld fW lu.:.::eler4tloli LX'cuffe-o:
<br />~p-j Bortv-ftr C-\H~ :rdj bn::.-chc,,. of ;any' !Jfher l,;OVeOi;tnts- or ~8(cement.~ of BOrrO'olw't:f ,,-'ontattk:d H1 tJll..;, {.ket..! pi lrust;
<br />H;) Burrower !lIiY!'i al~ re_.:\\,.~rHlhk e\penK!l. iJl{:uft~d by L-ender and Trustee jn cntnrtlflllt t~le -.'O'H:~n<l-IJh .:\nd ;lglyemCnv. (II
<br />8ot<<~f' t.an(a~ Itl tht.$ t?Kd of 'rru~t and Hl eo(oRmg l..-efl.de:i~ and Tru-...~e(':\ rt:'mt~.hc~ H\ pfOy~ded H1 l'Jtagraph I ~
<br />huwt, iik:wdina. hut ~" limited to, le~naW.e ,HlorncJ'\ {e~,s; >ind idj Botw.....-cr t:lkn :..u~h actHm if-'i Lent.k'r ma, n'.l;"t:'n~hh
<br />t~utf l{l .~\lf(! Ihal the hen ~:~f {Ot5 Imd of TrIHl, Lt"nJef-" jm.t;:le:~t Jfl the P"rnpttny ,md HOnn\\Cf ',., ,~hhgatl,->rl h~ P,l\
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