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<br />84 - 002325 <br />9. Cl J II It The proceeds of any award or claim for damages. direct or cOlllequefttial. in connection with any <br />condemnalion or other lakin, of lhe Property, or pan lhereof. or for conveyance in lieu of condemnalion, are hereby usi...... <br />and shall he paid 10 Lender, <br />In lhe evenl of a .-1 lakin, of Ihe Propeny, lhe proceeds shall be applied 10 lhe sums secured by Ibis Deed of Trull. <br />wilh the eueu. if any, paid 10 Borrower. In .he evenl of a partial taking of lhe Property, unleu Bo_r .nd Lendar <br />otherwise a_ in wrilin,. lhere shall be applied to .he sums secured hy .his Deed of TtIIIl such proportion of tbe......... <br />as is equal 10 W. proponion which .he amount of .he sums secured by .his Deed of Trust immedialely prior 10 the dale of <br />l.kiD, bea.. 10 the fair markel v.lue ollhe Property immedi.tely prior to lhe d.le 01 lakina. wilh the bal...... of thepraceeds <br />paid to 1Ic>r.-er, <br />If the Property is .bandoned by Borrower, or if. aher notice by Lender to Borrower WI the c:ondetnnor oilers Io~ <br />an aw.rd or settle a claim for dam.aa, Borrower lails 10 respond 10 Lender within 30 days .fter the dale such notice ,is <br />mailed, Lender is authoriad to collecl .nd .pply lhe proceeds. at Lender's option. either 10 restondiott or ret*r oflhc <br />Property or 10 the sums secured by this Deed 01 Trust, <br />Unless Lender and Borrower otherwise a,ree in writing, any such application 01 proceeds 10 principal shalll1l11'ell"'" <br />or postpone the due dale of the monthly installments relerred 10 in pe.......phs I and 2 hereof or chanF tbe IlIIIOUIlt of <br />such illltaUments. <br />II, _ Net........ EXlension or .he time lor payment or modificalion of amorti2ation of tbe swns _red <br />by lhis Deed of Trust IfUIted by lender '0 .ny successor in interest 01 Borrower shalllIlII operate to reJeaw. iD ....y -, <br />.he liabililY 01 .he oriainal Borrower and Borrower's successors in inleres!. Lender shall Dol be requi....'" - <br />proceedin.. against such successor or reIuse 10 extend lime lor paymenl or otherwise modify .mortizalion of 11te'1lI1tl1 <br />secured by Ibis Deed of Trust by reason of any demand made by the ori,;nal Borrower and Borrower', ........... in inteleSt. <br />II. F--.: by 1_ Net. w_, Anv forbearance by lender in exercisi... any ript or remedyhereUlllkr;or <br />otherwile Itfonled by Ipplicable IIW, shall not be a w.iver 01 or preclude the exercIse of Iny ouch ripl or remedy, <br />TIte procurement 01 insurance or lhe peymenl of lues or o.lter liens or charaa by Lender shall not be . -- of Lender's <br />ril!ht to accelerate the mlturity 01 the indebted..... secured by this Deed of Trust, <br />11. ._ C..-. All remedies provided In this Deed of Trust .re distinct and cumulative 10 any other ri.... <br />or remedy under this Deed of Trusl or afforded by I.w or equity, and may be e.ercised concurretIIIy, independeally.or <br />succesaively. <br />13. s..-.... A...... ...l1li: 1_ .... lie..... UMIIIty; C.,-. The covenanls and .._nts herein <br />contained shall bind, .nd the ril!hts hereunder shall inure to, rhe respective successors Ind ...i.... of Lendar and Bo...-.,. <br />subjecllO the provisions of pat'llItaph I 7 hereof. All covenants and agreements of Borrower shill be joinl and _vaal. <br />rite captions .nd headiup 01 the paragraphs of IhiS Deed of Trus. are for convenience only and are not '" he used to <br />interpret or define the provisions hereof. <br />14. NCIifke. Except for any noUce required under aPl'hcable law to be given In another manner.. (a) Iny notice to <br />Borrower provided for in Ibis Deed 01 Truslsh.1I be aiven by mailing sucb notice by certified mail addressed '" Borrowu It <br />the Propeny Address or at such other address as Borrower may desi....te by notice to Lender IS provided herein, aDd <br />I b I Iny notice 10 Lender shall he aiven by certified mail. return re(;eipt requnted. 10 Lender'. ~ IIaIed hereitr or 10 <br />such other address as Lender may deslpale by nollce '0 Borrower as provided herein, Any notice provided for in lhis <br />Deed 01 Trust shall be deemed 10 have been given '0 Borrower or lende.- when liven in the manner desipaled herein. <br />15, U'" 0...1 01 T.... G.y...... LaW; SeyerUllly, This form of deed of trusl combines uniform covenants for <br />nauona' UK and non~unitorm covenants with limited variations by Ju.risdiction to constitute. uniform security instrument <br />coverin, real propeny. Thili Deed of Trusl shall be governed by ,he law 01 .he lurisdictiol> in whieh the Property i. localed, <br />In the e\lent that any pnwisl_ Of claUIC of thll Deed 01 Trust or the Note conflicts with applicable law. such conflict shall <br />not affect other provIsions of this Deed of Trust or the Note whu::h can be liven e~ect without the conftic.tin. provision. <br />and '0 thIS end the pr~ 01 the Deed 01 Trust Ind .he Nole are declared '0 be .."erable, <br />,., ...........s Olpy, Borrower shall be lurmshed a conformed copy 01 .be Note and of this Deed of Trust at the lime <br />t '. cxecutJon or after recordation hereof. <br />11, T....... ef... ~y;~. 1f.1I or any parr of Ihe Property or .n inlerest therein is sold or tra~erred <br />oy Borrower Wtthout Lenders poor wntten c'...,ruent, c;\cludmg tal the creatton of a hen or encumbrance lubordma.e to <br />thit Deed of Trust. (b) the crealtOD of a purchase money security mterest for household appliances. (c) a .nRlfer by devile. <br />descent or by operation of law upon the death of a 100nt .enant or t d) lhe Jran' 01 any leasehold inlereslof Ihree yea.. or less <br />not COf!tainiRJ an opbOD to purchase. lender may. at l.ender's option. declare all the sums ICCUred by this Deed of TrusllO be <br />,mmediately due Ind papble. l..nder .hall have W8lved such optIon to .ccelerate il. prior to lhe s.le or lransfer. Lender <br />~nd the penon to whom the: Property ~s to be sold or transferred reach agreement. in wrilin, thal the credit of such penon <br />IS satisfactory to lender and tbat the mterat p. YlIhie on the sums ~curod by thiS Deed of Trust shall be: at such rate as <br />Le~ shall request If le~ bu waived the option to accelerate provided in this paraaraph 17. and if Borrower's succcuor <br />In lDtcrCIl bas executed a wnllen auvmptJon a,rcement accepted to ..nun. by Lender. i.e-nder shall release Bonower from <br />.11 obliptiOll5 under .his Deed of Trus. aod the Note. <br />If Lendcf' exercilleS such option to l1Cl.~le:ntte. tender shall mall Borrower notlcc of acceleration in accordance w,th <br />pa......ph 14 hereof. Sud. notice shall proVIde. penod of nol Ie.. ,han 30 days Irom the date the notice is m.iled within <br />whICh Borrower may pay the sums de<:1aIed due. j[ Borrower la,l. '0 puy such sums prior '0 lhe expirltion of such period, <br />Lender may. WIthout further nolu:e or demand on Ikurower. lO\'oke any remedies permitted by paragraph 18 hereof. <br />NON~UNlfOltM COVENA'HS Borrower and lender funber c::ovcnanl and .'fee .s follows: <br />\8, Ae<<!enliM; a---.. .:.cetII.. pro..... III .......... " 1Ienof. ._ _...._1'1 _II of ..y <GY_ or <br />.._ of ............ io III. 0...1 of 1...... inc...... I'" CGV_ \0 pay...... .. MY _ _...... lIy IlIlo DNoI <br />of T.... Le-. prior 10 ......- .... .... _in 10 ........r .. pro."'" lot .......... ,. Iooreof .,..,lfylaa. III ... <br />lwu<1I. III I'" ..._ ""lIintIlo CI'~ _II .....11, Ill. "-'e. _ .... 1_ 341 d.ys ,.... lhe dale I'" IIOIke II ...... 10 <br />............ II, ..Illell _II lwu<II ...... 110 (......... ..... ..1 ..... 'aiIare 10 e.~ .'1ICIo _II .... or 110'_ tllo dale .,..,iIIetI <br />i.. I'" IIOIke _, .- I. ........raIlon 01 lhe ..._ __ lIy thh IJoed of T...... I_ .... of the Property, Tho_ke <br />..... 1_ ""- _o...r 01 I'" rialll 10 ~_ "'I.. a.....Io_ Ind Ihe r"'" 10 ..... I <G.rt ...110. In _rt <br />lhe _.-. 01 a tiel_II or ..Y ......r del_ 01 .......w..r 10 ...e......ion ......... If lhe .......11 '" ..... eu.... <br />_ or ..,_ .... dote ___ lot t'" 1IOIke. Le-. .. Le-.'s option _y "'Ia~ aU of lhe sumo 1ft...... by Ihis r_ <br />uf '1..110 ... -..-.., d_ _ pa,.- ..iI_llurt.... ....... .... _y in"'e lbe pow.. of .... .... ..y ether ..-100 <br />po....... II) ..............., Le-.". 110 ...11_ 10 c........ IU ~_ c..... .... ospo_ Inc.""" in pu",lIi.. tho <br />re....... pro..... in I.... ........... ,I. iacIIItIIII&. ..... "'" 1i..1I... 10. re__ aII_y's ,_. <br />If... ........ sale. in........ 1'_"" _ord I _lie. oI.f_ i. .",,11 e_y in which Ih. Property or some <br />part Illoftof . ...._ .... .... _ ....... 01 _II _ice i. I'" _r ,.....ribotI by........... .... to .......w.r .... In lhe <br />....... _ __ IIy.......... ..... All.r the...... of saell li_ .. ...y 110 ""lIintI lIy 1IpfIIc_ Ia... TrUS1.. .hall <br />Ji.. ..... ....... .. .... 10 ... pe_ .... in Ih. ..._r preorri_ by ....._ Ia.., Tl1III... ";1_ ........ on <br />__... ...... ... Property at ..... ...._ I.. lhe b...... -. .. lhe 11_ .nd pIac. .nd ....r lhe lerms d"".lled <br />i..... uMin ef sale in..... _ ,...,....... in such or.r.. '1...... _, d.ter_. T.- 1111' ......_.... 01 .11 <br />or M, """'ef ... '"-" II) ...- __ at lhe Ii_ .... ....... .. "Y' pftv_,' sr__...., '.e_r or <br />1",--. ...... _ -"- .... Property at ..y ...., <br />L,'" ....... ... ..,._ ui Uw ,....... bid, r~ MuMi .h~er to ttw purdlMrr lru5tcoc-"lt...... ,-,",wcy... till(> Pn.pen) <br />_. n........ .. .... T.-.e', deed slIaII be priMa r..... .._... "I the lruth "" lbe ..a_ ....... 1-, TlUIitoe <br />.... ......, .... ........... 01 .... """ io .... f.......... or"', llll 10 "" ~ ...... JIIftd .,._ "I the ...10. llleltodlutt. bu. <br />..... ..........1_'.1_01_ -.,1.... '.. of.'* oIt...................... r.a"""'" OIlorllC,','e.,.....,_...title ...kIenre, <br />,hi'" .___ to, _ ~.. 'r.-. _.'.1....._ irollY. '" I.......... or ...._letIaIly ..lilled Ik....... <br />'9. ................. to........... NOh~nthslandin, Lender, a\.:\.:cleraHOt1 \11 the: '"\1m\. ~\.'url~d 0\ lht' Decd lIt "1 fU<..l <br />8onowc,r than have- the npl to have any prO(.:'CCd'nl~ begun by I.ender III enhlf~C lhl~ [Xed oj 1 rmt dtM....onlItHlcd at <br />any I1me pntW 10, the ufl., ~o occur of (11 the fifth day bet'ore the ,ith: of the rf{.pcnv ~~urlluant It) th~ ptl",,"Cf Hi "ale l..:ontaHlCd <br />tl\ tblS Deed (Iof -rnK1 or (fl) ent,,- m" Ii fl-ldtmc:OI eoforclng lhl' Deed of Tn.f$l If _ tal Borrower pay.. Lcndt.'r all ~lJm.. wt'lI": h wlllild <br />he then due- uoder tht'8 Ilt:ed tlt -lru~". the Note and 'H)t<< '!lo("UU'mg future Ad"am,,'e!io. If tlny, had nil a~...cknltu,\ll ~1o("currcd. <br />ihJ Ikll'rowcr CUfQ .Ii breacM'" o. any Ofhet t_ovC'ftanl\ or a,reefl'lC"nt.. of Ilou("lwel C{llllamed HI lhl~ Deed ("II "ru"l. <br />if.:) Ikm(J*tlf fHI),\ aU f~l~IUt-bif: C"-'peflK' lru;ur~cl by I et\tler jlnd Truslc.~. In enhH't.-WI:I tnt' ....lHCflallh and ;tgf('1.'!tlCnh "f <br />IJOff11r'*Cf (;:-ont..ned .n Ihi. Oted PI 1 tillol .lllnd m enftlfClOtt I c;'ndcr's ..nd l"rU'lolee.. rt'm('otc'S iJI'" Phw,dcd III p.Ha':'faph 1"\ <br />!w-f'OOf. Ult;lYdma. blrt n....t hmned to.. re-a~ aUOffte}'... fcc'. itfUJ itti bOff(l.,cr lake" :itKh It(.-tt(m lb Lt:'r.dcr "UI\' f('aMlt\ittlh <br />f~qulh: &0 .,""u.u:: t~ the hen of lhu [)eed 01 -'ruse. l t'rukf'~ intert"'!i-I III !ht Prn.fl'Crt\- And 8nrr,-.v.er', i\bll~liJllt\n 1\' ~",t\ <br />