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<br />84-002330
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<br />9. C~ ... I The proceeds of any award or claim for damages, direct or coDlequential, in connection with any
<br />condemnation or other takiD, of the Property, or pan lhereof. or for conveyance in lieu of condemnalioD, are hereby llliped
<br />and dlall he paid 10 Lender.
<br />ID the evenl of a total l.kiDJ of the Property, the proceeds shall he applied 10 lhe .ums secured by thi. Deed of Trust.
<br />with lhe excess, if any, paid to Borrower. In lhe ""....1 of a pani.1 lakiD, of lhe Property, un.... Borrower and Lender
<br />othenriIe _ in ..rilin,. there IItall he applied 10 the sums secured by this Deed of TI1III such proponioD of the ...-.
<br />a. is equal to thaI proponion ..hich lhe amounl of lhe .um. secured by Ihi. Deed of TI1III immedialely prior to the date of
<br />takiDJ bean 10 the fair market val... ollhe Property immedialely prior 10 lhe dale of takiD" wilh lhe bala_ of the ...-.
<br />paid 10~,
<br />If lhe Property i. abandoned by Borrower, or il. after notice by Lender 10 Borrower Ih.t the c:ondeIIInor olIen to ....
<br />an aw.rd or oettle a claim for dama..., Borrower fail. 10 respond 10 Lender wilhiD 30 d.ys after the date such noliceis
<br />nWIed. l.endc?r is .uthorized to coIlecl and apply the proceeds. at Lender'. oplion. eilher 10 restoratioe or repair tJI the
<br />Property or 10 lhe .ums -..red by this Deed of TI1III,
<br />UD.... Lender and Borrower otherwise agree in wriling, any such applicalion of proceeds 10 principal shall _ aIeIId
<br />or pool"""" the d... dale of the monthly in.tallments referred 10 in para.....phs I and 2 hereof or clwlJe the amounl of
<br />such illllllllmenla
<br />I'. ......... Not R...-. Exl....sion 01 the time for paymenl or modification 01 amonization of lhe sum. _Dred
<br />by Ihi. Deed of Trusl .....nled by lender 10 any successor in inleresl or Borrower .h.1I nol operale 10 R!1eue. in .ny _.
<br />the liabilily or the orilinal Borrower and Borrower's successors in interesl, Lender shall nol he requiR!d to ~
<br />proceedinp .pinsl .uch succeaor or refuse 10 exlend lime for paymenl or otherwise modify ~tion of the sums
<br />secured by Ihi. Deed of Trust by reason of any dem.nd made by lhe orilinal Borrower .nd BorI'OWCl". ..-on in in_
<br />II. V...............- Not. W.....er. Anv lorbearonce bv Lender in e.en:isina .ny riplor remedy hereunder', or
<br />otherwise affonte.J by applicable I..., shall nol he a waiver of or preclude lhe exeniise of .ny auch riJllt or remedy,
<br />The procuremenl of insurance or the paymenl of lUes or olher liens or cha.... by Lender .haD nOl he . _1YeI' of Lender..
<br />ripl 10 acede..le the maturity of the IOdebtednas secured by this Deed of Trust.
<br />IJ. R_ C~, All remedies provuted .. this Deed of Trust are distincl and cumulalive 10 any oilier ri....
<br />or remedy under Ihis Deed of Trusl or afforded by law or equilY, and may he exercised concurnntly. independendy or
<br />s.ucc:ellively .
<br />13. s.-- _ "...... ao...I; J_t _ Se""" LI8WIIly; C.,-. The <'Ovenanla and ..-nt. herein
<br />contained IItall b,nd, and the ripls hereunder shall inure to, the ....peclive successors and aui.... of Lender and Borrower,
<br />subject to the provISions of paraaraph 17 hereof All covenanls and agreements of Borrower shall he joinl and several.
<br />The captions .and headinp .of the pararaphs. of this Deed of Trust are for convenience only and arc not to be used to
<br />Interpret or define the proVtstoDl bereo "
<br />.... NoIke. E~c:e,pt for any notice reqUired un~r apphca~l~ law to be, given in ~nothcr manner. (a) any notice to
<br />Borrower provided ror 1ft this Deed of Trust .hall he ..ven by ma,hng such notice by centlied mail acldrased 10 Borrower al
<br />the Property Address or at such other add.- as Borrower may desi....le by nOlice 10 Lender as provided herein, and
<br />I b) any notice 10 Lender shall he Jiven by certiliecl mail, retUrn receipt requested, 10 Lender'. addIaa _ed herein or 10
<br />,uch oilier add.- as Lender may d......ate hy notice 10 Borrower as provided herein. Any noIice provided for in this
<br />Deed of Trusl shall he deemed 10 have been liv.... to Borrower or lendf'r when given in the manner daianaJod he..n,
<br />U, U...... DHtI '" T.- Goftl'llilltll....; So.......,. TIllS fonn or deed of trusl combines uniform covenanl. for
<br />national use and non-undonn covenants with limited variahons by jurisdiction to constitute a uniform leC-urily instrument
<br />("(werin, real propeny, This Deed of Trust shall be go...cmed b~' the law of the Jurisdiclion in which the Property is located.
<br />In I,he event that any provwon or dauK of thiS Deed 01 Trust or the Note conOicls with applicable law. such conftiet shall
<br />nol affect, otbcr provisions of thIS Deed of Trmt or the Nott which can be given ~tfec:t without the connietin, provision.
<br />a.nd to thiS end .he proviaiOOl 01 t.he Deed 01 Trust and the Notf: are declared to he severable.
<br />,6. ......... c.", Borrower ,hall be fUfl1lshed a \.'ontormed i..'opy of the Note and of this Deed of Trust at the time
<br />of e.\ecUUon or .fler recordation hereot,
<br />17, T....... tJI.... ~ "-..... If all N any part of the Propeny or an inleresllherein ia sold or transferred
<br />oy 8onoww without LeDder I pnor wnuen comenl. ell.cludtnJ (a) the creation of a lien or encumbrance subordinate to
<br />this Deed of Tnnt. (b) the creation of a purch.ue money se"<.'UfHy interest for housebold appliances. (c) a transfer by devise.
<br />descent or by operation of law upon the death of a JOlOl tenanl or (d, the Ifant of IIny leaSehold interest of three yean or less
<br />not ooluaioin. an option 10 purchue. Lender may, at tender', opt1On. decla:e all the 'urns secured by this Deed or Trust to be
<br />!mmedaatdy due and payable. Lcnckr shaH have lNalVt::d such opllon to a(..~ICfate if, prior to the sale or traMler. Lender
<br />4nd tbe penon to whom the Property ~:i to be sold or trans-ferred reach agreement 10 writin, that the credit of luch penon
<br />IS 5a1-isfactOl)' to l.eAder and thai the loterest payable- on the .sums ~cured by thIS Deed of Trust shall be at luch rate IS
<br />Lender wll .request If Lender has ..alved the t>prion to a.:ceienue provuled in thi, par.,f.ph 17, and if Borrower', succeaor
<br />In lntctat hu CltCiCuted a wntlen auumpllOfl _arccmcnt 3,"CCPled Ifl Writing b}' Lender, Lender shaH relea. Borrower from
<br />all obliptiom under Ih.. Deed of Trust .nd the Note
<br />If lende.r exen:ileS ltuch option to a-ccclerale. I ende<.r s.hall mall Borrower noUce: or acceleration in accordance with
<br />para,raph 14 Mreof Such nollce snail pro\'!<k i'I penod of nol less than 30 days from the date the notice is mailed within
<br />which Borrower ma)' pa) the SUnl5 declared due. If Borro""cr fall:. (() pay such IUIl15 prior to the expintlon of luch period,
<br />Lender may. 'Wuhout funher noUU or demand on Borrower, Invok.e an} remedies penniucd by paragraph 18 hereof.
<br />NON-LJNIFuaM CO\'ENAHU Borrower.Ad Lender further covenant and agree as follows:
<br />II, A<<__ R_ Eo..... _..... i. ~ J7 _, ._ aono...... ....h of ..Y <0_ or
<br />.._I nf -... ill .... 1_ of Y...., in<-" 'M <ove_ 10 pay ..._ _ .... _ _oontI by .1liI Deeol
<br />nf 1'.... ~ ...... 10 ac._.. -. mail _ 10 .........fl .. prov.... In .......... 14 ........ opodfy"', (I) ....
<br />bn.", III 1M ._ ~ 10 <ure .lIe" ;"."".., Ill. ...... _ ... ..... JII "ys ,..... .... _ the ...... to ....... 10
<br />........... by..... su<ll 11ft.... m.... he ,'u""" ami 141 I.... ,_.. 10 <ure _.. ....... on or he,_ the ... IIpKIiH
<br />in 'M _i<< _, .....al ill "".......- 01 lhe ..._ ..<oontI by Ihili \Hed of ........ .mI .... nf 1M '........y, The _k.
<br />..... '....lter HI'"" Borrow" of ..... ..... 10 fti.-.te alk'r .'c.,.,. and lIMo r.... 10 bri. a court ...... to ...,11
<br />,10. ~...._. 01 a *'_ 0' any oilier dele_ 01 .........., 10 "",...wratiooo and"", If lhe .......h ili ... <ured
<br />_ or hot_ tM ..... ..._ ill .... _, Lf!_. .1 1.__,', .....ioII _y eIK"re .11 nf tho "".. ..<uRSl hy Ihis Deod
<br />nf T... 10 he _"y dOlO and pay..... "ithouI Ion.... d__ .... ..ay in...... lhe ,....e. nf .... .nd ..y oIMr retlledioo
<br />.......... IIy .......e.Ie.... l-e....... be ~nUtk4 to .......d .at n......... ('OSt...ii ..... ~.pe-Mft im:urrrd in pun";.. Iht'
<br />f~ ,,,..-.. .. i..iI. .......... ii. indlMi.-... but ~.. i....iteti w. ,~.......... .n......)".. iea.
<br />If... ....r of uk "ill........ Trwlff ,,~ fttord . IIOtkf' of df'...... ill elK"h cou", in .Ilkh .he Prope...) or WRIt'
<br />..... .- is 10<..... .... _ __ <OfIift of _.. _i<< in .10. m__. pr.....ri..... by applk..... ... 10 Borro.... .... 10 tho
<br />oilier _ p..._ hy .......... ...., At... .h. Ia.... of ...<h li_ .. ...y he ....uired by .,pIi<.bIe Ia., .r........ oIIa11
<br />Ii." ~ llilIIice 01 uk '0 ... pr.... ..... in IIw man..... prrwribed b} apttlk-... I..... T....ee, ".ithout .....ad on
<br />......ft. ... .. .... ........, .. ,..... allKtioa lD Ill.: hiclilK1 ........ 8' the dnw .nd pike' and under lhe '~n,", dnica.'l"d
<br />in ... ...ei<< of ... .. .. eN' .uR ~.. ..... in suc:" order M T nNH RI.) d~lf'n.iIIe. T tuSlH ....) potitpolN' Jtalf' of all
<br />IN _) p.Kfl of 1M Prwprrty It) paIIIIk ___".... .. liMo lilftt' and plac~ of _ny ,""iollll,.. M"lMiluletl sak. I,eo.tler or
<br />h..... dnipM _ ,....,_ 1M P-"y .. _y ..,
<br />,:,... nuipt of p3)'lIInIl -of 1"0(' prkc bid. [rust<< 50haH dcUvcr to; the pun-~r Tru.~1"'~ df.;fl1 ron\~;iaa tlH: I.input)
<br />_. 'fI.. ndtaIa in IIw -rr-.... .- shall he pr;.. r.d. ..'idon<< of 1M I.....h of 1M "'._. mado lhe,..;". I........
<br />......., IIw __ of 1Iw..1r '" IIw 1_..... unIor: '" ... oil re_..."" ami "'_ nf tM ..w. io<lud..., bol
<br />_......... 1_'. I... of _ _ 110M '. 011'<0 of u.....--..w pr;.... ...._ ..t.......,.. f........ ,...... of lillo, ..id<.....:
<br />1 It, .. .. _1CaII'ed tn' Ulia 1.la4 01 n,....; and ((" J Uw e~~. jf .,. . Itf It. penon tM" pd'MNL'l .......y t'nUtMd ttwm.o~
<br />... ................. to........... NOlwlthullIndml I.\."nder'", aCCdCfi:Hwn ;,1[ the ,>UITh ~l,;'curCQ tn Ihl" Deed (of r rU\1
<br />8ol'f~.t Ulah have the riChl 10 have lin)' pf'LltCudm@.'1o tw:gun \1ov lender 11.1 enforce thli Def"d of rfll'll dlloi..'Onlj(Hled 01
<br />any tlIDe pt'RV 10 the C-;llrhcf' It." occur of III the fihh l.hl\ before the \alc of (he Prnren.... pUNuant hi ,he pt}Wt:'f of ,...Ic l'~\n'dlnC'l1
<br />tn rh...~ of TrtN or h!J e:ntf)" t.'\f a ludlmen1 ~nt'(HClOg thi.. Deed of rru~t It. tal 8ono.....er polly, l t'tll.kr JlI \llm.. wht".tJ "n\tliJ
<br />be then due. under th~5 Deed of Tn;'l, the Nme and nOle<;. ~.'j.:Uflfl.ll fuulfc AJ"'a"~e', If any. h~tl no ~i.d.:t.tetall{ln l\\..'~ urrc1.l
<br />(N Borr\1'\lfCf Cl;Jf\'!'l; aU bf-e.adtet n( an)' ,)ther \'tw('oaoh or llgn."'emenl\ {)f HnHo",cl 1.:('In1.i1WCU JIl ttw.. [)~..('d of f fll'it
<br />({"J InrrowCJ pay-<!; .11 rc.awuahh.' tn.pt!fl"'liC''\o Iflcurred b.... Il'J,del IInd lrul<le(" 1\'1 {'ntnrcHlg the ..'\I'n'rHu)t\ and a~tt't~mCnl~ III
<br />8orro"''fI;f ~unt..mcd ~n th.t\ Deed llf hus.t i.uui In ('n'nft.'1f1g I ~ndef'!! .and i rU'l.tee '> fl.'nu,.lJu.... It.. prtwlded 10 rMit~,<<ph l)'i
<br />t'tCf1l'(,t. inL~'Judinl. h\u no~ hfl\itcd 10. rt-a~mabk aJll1fIlC"'\' f~,. aM lJI Rmn'\l>'er lak,t."'!\. 'uch a~IHlfl a\ ll:flder nun f\';t",nfldhh
<br />r~qtnn: to aJ;Wfl: 'nat ttw< IMrfl nJ Uu$. [Xed ilt lru~l. (('mkr.. mtt"n:"l H1 lhe: Pr')fl<'rt\.' and Bnrrown'.. i..nhfl.ilIHltl \I' 1'_;\
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