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<br />83_ 006752
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<br />9. Condemnation. The proceeds of any award or claim for damages. direct or consequential, il'\ connection with any
<br />condemnation or other taking of the Property, or p.ifl thereof. or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to LeDder.
<br />In the event of a total taking of the Property, [he 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 wriring, there shall he applied to the sums secured by this Deed of Trust such proponion of the -proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Dc.cd 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 taking. with the balance of the proceeds
<br />paid to Borrower,
<br />If the Propeny is abandoned by Borrower, or if. after notice by Lender to Borrower th"t 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 collect 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 otherwise agree in writing, anv "uch a!3plication of proceeds to principal shan not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of
<br />$uch installments.
<br />10. Borrower Not Released.. Extension of the time for payment or modification of amortization of the sums-secured
<br />by this Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate to release. in any, manner.
<br />the liability of the original Borrower and Borrower's successors in intercs(, Lender shan not be re-quired to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization. of the- sums
<br />secured hy this Deed of Trust by reason of any demand made hy the original Borrower and Bon:ower1s successors in interest.
<br />J J. fi'orbearance by l....ender Not a 'Waiver. Any forbearance by Lender in exercising any fight or remedy hereunder"or.
<br />otherwise afforded oy applicable Jaw, shall not he 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 liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness ~ccured by this Deed of Trust.
<br />f2. Remedies Cumulative. All remedies provided in this. Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Tru..'\t or afforded hy law or equity, and may be exercised concurrently. independently or
<br />succeuiveiy.
<br />13. Successors and Assigns Bound; Joint and Several Liability; Captions. The covenants and agreements herein
<br />contained shaH h-ind. and the rights hereunder shall inure [0. the respective ~uccessors and ass.igns of Lender and Borrower.
<br />subject 10 the provisions of paragraph 17 hereof All covenants ;'ind agreements of Borrower shaH be joint and several.
<br />The captions and headings of the paragraphs of tOts. Deed (~f Trust are t.or convenience only and are not to he used to
<br />ltlterpret or define the pro\'isjons hereof.
<br />14~ Nod<<. Except for any nouce reqUIred under appln.'able la.w to he- given in anmhcr manner, (a) any notice to
<br />Borrower provided for m this Deed ot Trust shaH be gi\-en by mailing such notiee by cenified mail addressed to Borrower at
<br />the Property Address or at such other address as Borrower may deslgn,'w,:: hy notice to Lender as provided herein. and
<br />t b) any notice to Lender shaH be given hy certified mail, rclUrn receipt requested, to Lender"s address stared herein or to
<br />:o.uch other address as Lender may dcstgnatc hy notice to Borrower 3~ pro....ided herein. Any notice provided for in this
<br />Deed of Trust :'Jhall be deemed to have been given w Borrower nr Lender when given in the manner designated herein.
<br />tS. Uniform l>ttd of l'ru.m Gonrning 1.3""'.: ~yuabiUt~... Thi., form ('If deed of trust combines uniform covenants for
<br />national use and non"uOIform CQvenat1l5 Wllh I1mlled "'aftatiOn~ t..y lunsdu:llon to constitute a uniform security instrument
<br />(overing real prnpeflv. This Deed of Trust ...hill! he g-uvcmed hy the law ('If the Jurisdiction in which the Property is located.
<br />In the e....ent that any provision or c.lause of this. Deed of Trust or the Note I.'ontltcts with applicable law, such conflict shall
<br />00( affect other pfllvisions of this Deed nf Trust or the Note which can he given effect without the conflicting provision.
<br />and to this end (he provrsiOIU v! the Deed A Trust .tnd the ~otc arc Jed.arcu fl) he severable,
<br />J6. BonoWH'S Copy. Borrower shOll! he furnl'~hed ;1 umtorml:d ..:opy of thl~ Note and of this Deed of Trust at the time
<br />lli t:xecution or after recordatJon hereof
<br />17. Tnmsf~r of th~ Propert}.; Assump.ion. H all ,'f ;tny pan of {he Properl\ or .m interest therem IS soh.. .-'1 transferred
<br />by Borrower without Lender's pnor wnllen C"i.nsenl, t'_:o.dudlOg (;1! the crcallon of J lien \'Ir encumbrance Ilubordinate to
<br />this Deed (It' Trust, (O) the creation oi a purcha'5t! mone\' <'l'CUriIY tnlCrC~1 tor hou~~h('l!d appliaoce.'\, (l:) a transfer hy devrse.
<br />descent or hy operation or law upon the death o-f ;J joml tl'"!l;Ul1 iJr (d I lhc grant of any leasehold interest of three years or less
<br />not containing an optIOn !o purchase. Lc-nder rna\. ,H I cndc:r-" OptH'lI1. ucdarc ;.sll the s.ums sccured by Ihis Deed of T;-ust to be
<br />lfnmediatdy due and payable. Lender shaH h.'i\"(" W;!lveu ~uch OpltOlJ to accelerate Ii. pnor to the sale or transfer, Lender
<br />d.nd the person It) whom the Property IS l(! bt:' .~,lld ...l{ tf.Ulsfened h.',H.'h agreemenl 10 writing that the credit of such person
<br />IS s.atisfactOry to Lender and that the Inlerc5t ra.yabh: ('In the :.\!rl\'\ ':oic.:wcd by this Deed 01 Trust shall tw at such fate as
<br />Lender ,hall request. If Lender has waived the (}pffOn to J.:{."c!eralt' rro'o"lJ-ed in this paragraph 17, and if Borrower's successor
<br />In lUte-resr has c:\ecUleO a wollen ,l."i:i,umptwj] agrc'::ili\.'ot <l..:cepte-d !ll WfH:ng: h, Lender. Lender shall release Borrower from
<br />..II obligations under this {:ked 01 Trus.t and the Note
<br />It Lender exen:Jses 'iuch option hl :\c-celerate, I coder ~hall '11J.11 B1--lI'WwC"r nUlIce of ,h.:.;,:cicratlon in accordance With
<br />p.3.f3graph 14 hereof. Su.:h noth::e ~hall pfCl\-ldc ,1 pem-..J .-.j llP{ k...'S- than JO d3.Y~ from the date the notice is mailed within
<br />whit:h BOlfowcr lIun- p.ay {h~ sum~ Je"..:iar-.:d due. if f{LV"iuwcr Lois It' p... ~tli,:h sunb prux tf; the cXPlf:Hion of s-uch period.
<br />Lender ma}'. Without tunh<:r nottce tl1' dernand ('11 BorfnwcL JI1~\lke an... rcrncdle~ pcrlTllited hy paragraph J 8 hereof.
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<br />NON~LMI;ORM t.tJV!:-"""NT" UOffowcr ~\ntJ I_cutlef further covenant <loti a~rce 3\ lollows:
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<br />f8. .-\c('~Iua.iun; Rf'me-Gi:es. Euept a:'J providt-d in var~raph 17 hereuf. upon Borrower's breach of any t:ove-nant or
<br />alltccemcnf of 8onv'ft'u in this l~ 01 Tru..'il. including (he ('o"enaqts Co pa)' when due any sums se-t'ured by thi~ Deed
<br />af Trust. LA-ntHI' prior Co jlc..'<<lr-ralion \-h.U mail no-dn' 10 Borrower WI: pro,,'id~d in panlKcaph J 4 hereof spec..'Uying: (t) the
<br />bl"t'as:b: (2) ih~ action fnluited tn cure !loch breadl: <Jt a dJtte. not Id.. thltn ]0 daY!t frum thl" date the notice i, mailed to
<br />BorrowM. by W"hkh 'J.Uc.<b bl't'ac:b mQSl be- ,.ured; and (4) tb.. failure 10 ..:ure sUl'h breaeh on or bdore the dale specified
<br />in 1lM:- Roli<< nq,- result in j:cc~lt'nltion of fhl" ~ttlns ~e-t..ured b~ thi-. U<<d of Trulit and sale of the Propert)'. Tbt nolice
<br />~ha!I furth<< inform Borro..,..tt of Ihl' ri&ht io rt"imtatr aft~r aC'u.trratiou and the r~ht tu bring a court action to assert
<br />the non-r..istC:lKt' or II dtfa-ult Hr ao)' uthrr dt>fe-nw of Borro~'er 10 a,',:eteration and sale. If the breach is 110t cured
<br />Oft or Wore the dait! ;,--p<<ifiifd in the noticlt. l.ender at I.-t'ndltr'"" option ma\o' d~darc uU of the sum:s ~curt"d b\' this need
<br />of Trust to bt- im-tM1lialdJ d~ and payaWe ~ithoul further deman-d and ma}.jn\o-ok~ the power of sale and an)' other remedies
<br />permittfll by appIic-ahie la.. Lendef shalt be t'ntitk-d to n:t!l("ct all ft'lbOnabk ('osb and expem:es incurred in pursuiRf( the
<br />r~tm1Iies i4'0~idfll in this ~r~ph t 8. includi~. but nol limited to. ,.~nabll" attorney's f~.
<br />If the po'WK of saH- is invoked. TflA.I:t-t' "hafl rt'('oro a nOlkt' nf default in each l'ounty in which the Property or some
<br />part thefto-f is located and shall mail copies of such noli<< in Ihr manMr presnibW: bJi applica~ la", fo Bo-ftowe-r and to tbe
<br />OIltu penolt!ro pracribtod by appikable law. After the la~ of 'i-tu'h time as ma,Y be required b}' applicab.~ law. Trustee ",han
<br />ii''''; puhtic noli<< of uk- to t~ Pf'fSOIt!j; and in the m80ne-t'" prrsc..-ribe-d b.". applicable law. Tru~1..tt. without demand on
<br />BenoWN. ~ sell 1M Propt'i1y al public alK'UOD to tbe h...hest bidd~r at tbe lime and place Rnd undE'r the' term~ design.tt'd
<br />m 1M -DOli(>.. of -Mte in ntH' or mon ~'e-is and in such ordu a~ -rna!dee may ddumine. Trustee Rlay po&tpoRe sale of all
<br />ur ..)- ~ of tbt- PruJHny by public announcen'ent a~ the .inw and p-lac't" of any p""must" -'l'(hedwed sale. Lendu or
<br />!A....... clftla- may l'.....h_ tM Property III any sak. .
<br />l!pon ~ipt of ")'~pt of, the prK'e bid. Tru.,.ter sh~t dC'~i'.e-r to the pun.:ha.wr Trustre''S deed ('oonyinu the Propert,..
<br />~ TM~"" in the- fnmff}i drfll shaft ~ pnma faCie e\"idf'nc-e or the truth of tbe ~1atements "lade! thue;n. Trustee
<br />.. apply the p:t'O<<flk of the ~ in fM (otlo~!q& Qrder: (a) to aU rt".aM)nable nl'Sls and r~~mes of tbto .'i8le. including but
<br />aoC thaitd to.. Trusta-'s f<<'8- uf oot ~ tban_ ._.! ~_.o.. c,;., of tht' ~ross we prke. rreason.bk .Horney's fees .nd ('OS~ of
<br />~"'Il<<-; fb. 10 aD sWfI,I5ft,'"und bJ this Deed of l"nwtj IInd h..'. thr -e:\C~'1tj~ if aoy~ 10 the person or ptnon..; 1f2a1I)' entitled
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<br />f9. Iorro-.....er.~ R_......- h) R.eitaS:lat-e-. NOlwllh:::.tand.mg LefHier".. ac\:deJith\m lif !lit.' ,um~ ')t~curcd b'!' J:hl\- Deed ~)t Tru'!.l.
<br />(k"ltrr.r\ll-'Cf shaH h-f.v'(: lh(: nght to h.....,~ an)' pnx1."t'oing.') !xgun t.\' I culler 1;.' ~..nfor("e tfll!l Dct"d \l!' Tr1l'iI ,.h-"l>~;,)n(fnued jjf
<br />-iny hme- Pf.,or ~Q the e.adft:f to {:l<Ccur ,,-",-f fn the tlffh day t~ft,)n:; the _..,de ~.r theProperty pUfS-uilnt ltl toe- pnwl~r pf l>ale (,-'lillan'led
<br />'1} (tU1- Deeu ot fn1-J.' vi' (f1) COIf" Q( a tl1dg:rf1eHl cnton;wJ::, lhl.. Deed (~t "T rtl1'>t If: lltl Hnrn-'W-t;f ~H1tr' 1 ,coder uil ~ums \.vhu.:h W\1,dd
<br />he 'hen- dl.it' Ufakr ,thn\ [)ced 01 1 1'u,<t , the NtH!;, i!no note.. \C"'l.lflng FUtllH" .""d\.arK~\, If M)~, held 1H' J\.:n:knll!\.'O l'Joo:.:I,,:unnL
<br />In) Bi:>ff'I,)'4:'-tf \;\!tc" .li:.1I brc-;\("Oel\ 01 an}' ~Jfht"r Loven-ant'\. ~lr- ,1~rCeU\l:nt.. .,i HOH(IWCr (.nnl.ame,j Hl :tH', Clt."ni >.If "Tn,..1
<br />1l;.';'} 8~"lfrv~~ "..-a-y\ .H rC4l'A1f1~ ~'<penile'" It'H.'urte.J hy (culler al'l:d Tlla.t(,~f." In t'nfQ:r<:llH1. ,he (\l\-t'Il,tnb ,Hlt,i ;I-Cl"t.emt'm1i t.Jf
<br />lk~(:f~f umt.iune-.J In ,ht:;. I~ Oof Tr-U1J.l .1nd H\ .ent~H;,:I"-g Lt:'"nucr'~ ,\nO TnI\'ee..... ,.~~mc~h~~ ,'j~ !'l"(\\.ll.kd In f;aci~f;lrh I.";;
<br />~W'r~"t HK,~_KJ!nc~ but f'U.:~t l-fj'jHhtu tp. rca.wu'Abk (1'!1t)!lu:"v'.. fce..., ~HHj tJi B-ntrllwcr 1;IK';:"$. '1tJ~h a.:twn .1:.- t -I.'lhl~'r tn;t\: l'I;'-;J.,.~H_lhh
<br />!"t-qUI;): l\_~ U,'iii,ltl;' that [~ h-<:H vI ~hti [)(cd ilf -, n'''-L I e-fltjer"\ lnlt:(l~""l Jht: Pr\'rtefn <\H,d H-1.)f\\l"-17"f" tlhh1i!<lI!lltl (" P,t\
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