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<br />84 - 002344 <br /> <br />9. ~--.. The proceeds of any award or claim for damases. direct or couequential. in connection with any <br />condemnalion or OIlier taking of lhe Property, or part IbeJeof, or for conveyance in lieu of condemnalion, are hereby uaiped <br />and shall he paid 10 leDdor. <br />In lhe evenl of a total laking of the Property, th. proceeds shall be applied to the sums secured by this Deed of Trust, <br />wilh the _, ir any, paid 10 Borrow.r. In the .venl of a partial taking of lb. Property, WlIesa Borrower and leDdor <br />olherw* asree in wrilin8- lhere shall be applied 10 the .um. secured by Ibi. Deed of Truat .ucb proportion of the proc:eeds <br />as is equal 10 thaI proponion wbicb lhe amounl 01 the .ums secured by tbis Deed of Trust immediately prior to the date of <br />lati., bears 10 the fair market value of lhe Property immedial.ly prior to lhe date of taking, with lhe balance of the proceeds <br />paid 10 Borrower. <br />If ,he Property is abandoned by Borro....r, or if, after nOlice by L.nder 10 Borrower Ibatthe condemnor .....10.... <br />an award or settle a claim for da_, Borrower fails 10 respond 10 Lender wilhin 30 day. .fter Ihe d.te IUCh .noliccis <br />malJed, Lender is .uthori..... 10 collecl and apply lhe proceeds, at Lender'. oplion, .ither to rcstorItion or repair ofibe <br />Property or 10 the .ums secured by Ibi. Deed of Trosl, <br />Unlesa L.ender and Borrow.r otherwise agree in wrilmg, any such application of proceeds 10 principal .hall nOl ullnd <br />or pootpone lhe due date of lhe monthly installments ref.rred to in paral"'ph. I and 2 hereof or change lhe amount of <br />such installments. <br />.t. _ NaI ........, Extension of th. time for paymenl or modification of amortizalion of lhe sum. oeeured <br />hy lhi. Deed of Trust I"'nled by I..nder to any successor in inl.resl of Borrower shall nOl operate 10 rel_ in any__. <br />the liabilily of lhe original Borrower and Borrower's successors in inlerest. Lender shall nol be required to <<0_ <br />proceedings apinst sucb .""""""r or refuse 10 ..tend lime for paymenl or otherwise modify amortization of the sums <br />.ecured by tbis Deed of Trusl by reason of any demand made by the original Borrower and Borrower's _ in in_to <br />!.. F...-toy...... NaI a W__. Any forbearance by Lender 10 ese",ising any rigbl or remedy hereunder,. or <br />olherwise afforded by applicable law. sball nol be a waiver of or preclude lhe .sercise of any iIICb riJllt or remedy, <br />The procurement of insurance or lhe payment of tax.es or other liens or cbarps by lender shan not be . wuver of LeDdet's <br />np_ to acx.eIerale the maturity of the Indebfednea secured by this Deed of Trust. <br />12. .__ C_e. All r.medies prOVIded 10 Ih" Ueed or Trusl are distincl and cumul.live 10 any oilier rigbt <br />or remedy under IhlS Deed of Trusl or afforded bv law or equity, and may be esen:Ded concurrenlly, indepenclently or <br />.ucceuively , <br />t), S- _ A...... .....; J_ _ Snenl LIaIIIIIty: 0...... The coven.nts and ...-nts het'ein <br />contained shall bIRd. and the righl'\ hereunder shaH inure to, the respective successors and assips of Lender and 8o.ttDWet. <br />.ub,..,. 10 lhe provISions of parqraph 17 herool All covenants and agreements of Borrower shall he joinl and _I. <br />fbe captlO1lJ and headinp of the paragraphs of rhl! Deed of Trust are for convenience only and are not to be used 10 <br />i nlerprel or define the. provisions hereof" <br />14. Nodre. Ex-cc,pt for any nOllce requited under apphcabl~ law to be given in another manner. (a) any notice 10 <br />Borrower provtded for 10 Ihis Deed 01 Trust shall be gIVen by ma.hng such notice by oeniIied mail .ddressed 10 Borrower .1 <br />the Property Address or at such other address as Borrower may desiJDate by Dorice to Lender as provided herein, and <br />(h) on. nOlle<: 10 I.ender shall be li.en by <ert.lied mail. return receipt requested. 10 Lender.. addrea .lated herein Or 10 <br />such other addrcu as I....eader may destinate by nollc;e 10 80fT()10lrc-r as proY'lded herein. ..~ny notice pnwided - fOT in "this <br />Deed of Trust shall be deemed to have been given to Borrower or lender when liven in the manner cIesiJuaIcd herein. <br />15, U_ o...I '" T.-; G......... .....: s....nIIIIIty, Thi' form of deed of Iru'l combines uniform covenants for <br />rullonal w.e and non~untfonn covC"ruaots Wllh IImued vanabom by lunsdlctlon to constitute a uniform security instrument <br />covering real propeny" Thi5 Deed ot Trust ~h.all ~ governed hy rht! law of the Jurisdiction in which the Property is located. <br />In the event thai any prov~lOn or dause of thiS Deed 01 Trust or the Note conftlcts with applicable law. such conftict shall <br />n.ot affect other pro'WUilom 01 thiS Deed of Trust or the Note which can he given et!<<.1 without the conflic.ting provilion. <br />and III Ihts end the provnJODI 01 the Deed of Trust and the Note arc declared In be sevenble. <br />,.. __.~. Borrower .hall be lurni1hed a conformed copy or tbe NOle.nd of Ihis Dt:c:d of Trusl allhe lime <br />,'f execution Of after recordauon hereof. <br />17. T_. '" ... ~ ~ If all "' any parlor Ibe Property or an inteRIIlherein is sold or 'ransferred <br />by Borrower WIthout Leader, pnor wnUen consent. e_,-dudinS t a) lhe creatioD of a lien or encumbranc:e subordinate to <br />I hi! Deed o( Trust. {b) the creation ot a purchase money securuy interest tor hoUlebold appliances. (c) a trander by devise. <br />descent or by operation of law upon the death of a )tJtr.l lenant or (d) the Irant of any leUehold intercsl of three ,ean or less <br />not contatOln, an option to purchue. Lender ma)'. at Lender"s option. declare aU 1M sums secured by this Deed 0 TrUll to be <br />lmn1edlaldy due and pil~". Lender shalt have w:uv~ ,uen option to accelerate, if, pri~r 10 tbe sale or transfer. Lcnde, <br />and the penon 10 whom the Property 15 10 be sold or transferred reach agreement m wriu"I that the credit of such penon <br />IS ~lisf.ctOl1' to Lender and that the IOten::st payable on the sum", secured by thi" Deed of Trust shall be at such rate as <br />Lender shalt rtquat. If Lender hu waived the ophon to acceieulc provided in thit paraarapb .7. and if Borrower~s successor <br />in rntclat baa uecuted,a wnttcn auum-ptlOD agteC'fl1Cni acccpted III wnun, by tender. lender ,hall relene Borrower from <br />.).11 O~~I= U=,i~S ~~ o~:~~ :~~e::':at~.nr~ndcr ",hall mati Borrower nollce of acceleration in accordance with <br />para"... 14 hereof" Sucll notlCC shall proVide a penod of not less than -'0 days front rbe date the notice is mailed wtthin <br />whICh Bo~ fila)' pay the SURlI decJared duc, H Borrower tall.s 10 pay such wms pnor to the ex.pinhon of such period. <br />Lender may. without funher nou,"~ (,.lr demand on Borrower, Invoke any remedies permined by para".ph 18 hereof. <br />NON-UNlfOaM COVE.NANU 8Qrrower and Lender further rovenanf .nd .,fft: as (ollows: <br />Ill, A<<........... R..-dios. t:....... __ 100.......... 17 1Ie_. .... __.... _It '" .., .0_ .. <br />._ of .......... in I'" o...I 01 .1...... ........... tile ....._ 10 pa, _. d_ ., 0_ __nd It, ,... Deo4 <br />of T..... ....... prier to ...._.... ..... .... HOtl<e to ........~. .. ........ 100 .......... 14 __ _.,..; (I) tIw <br />""_, 411 tIw _ """"" I. <... .""h ho_, ,31 . d"e, HOt Iesa ,..... .10 dayo ,...... llIe dale the eotic~ 10 ...... I. <br />........~.. b, ..hklt s..d, _.. ..... .... ,'und; .... ,411". ,_ 10 <u.~ ...... breaIt OIl .. 1Ie'_ llIe dal. _iIiod <br />in IIIe _ _y .- in ..'............ ollhe ..._ _...... by Ihis ._ 01 T..... _ IlIIe ef lhe P....,erty. The eotice <br />..... ,......... iaI_ .......... 01 tIw ...., '0 ..ieot_ oller ",,<eler.lion .IId ,Ite riJlot I. brIIII . <0"'" - 10 _rt <br />,he ......-.. 01 a dof_ o. an, ....... .,_ 0' ............ 10 ..'.........lee .... 1lIIe. If lhe -.. is .ot eund <br />... or ....... ... _ __ in lite _. 1_ .1 b....'. opllee ..., ......... all ef lhe ..._ _und by'"'' Deed <br />o. 1"rw( 10 ... ~, 4_ and ..,-...,. "'...... f.nllft ...... and ...." in..'ok.. 1M ..w..r of ... ..... .., 01.....' ft....in <br />........... .., ....._ 100.. 1..._."'" lie ~HIIldOd In ""'" all ..--we ...... and ..,._ inl'.rred in pu...,;.. Ib~ <br />"'..... ......... 100 ._ .......... Ill. ............ but _ 11.._ In, .~ 111_'" f.... <br />.,... ,.... ollllle is 100._. T_..... rtt..... a HOll<e 01 dfl.HlI ill earh cOR.I, in ._h lhe p.--.I, or som~ <br />parS ......... is __ .... ..... .... ....... 01 __ _ in "'" __ __ b, lIJIIIlk- "w 10 ....rew.. .... '0 lhe <br />or.... _ ..-_ It, lIJIIIlk- ..., "fle. lhe .... .1 _.. 11_ .. _, lie .~qllin<l b, ............ Ia... T..- .hall <br />Il.~...... ....... '" IlIIe to tIw _ .... in lhe _eer pr_ri_ b, ....Ie... law, 1.......". ..il_1 .-.1 on <br />......... ... .... ... ,--"y II ...... _Ilee 10 lhe ..._ lIicIde. II lhe 11_ and pt..... .nd .ode. lhe I..... d..ilnaled <br />101'" ....~.. _ .. _ or _ ......... .... In _.. ..... eo T....... .., delennlee. T_ _y ......_ .... of all <br />... .., peonf '" .... .--.., .., pooIoIlc _ HI lhe Ii_ _ pIHl'e 01 .n, pn.ieooIly "'__....., I..oder or <br />1...-0....... _ __ tile ~y II -,....., <br />1.'... .......... "''''_ or lIw price bid. 1._ ..... _.er 10 the pun:_ lru."." _ ........,iRtt 'ho Pn.......) <br />...w. Tho ..-. ill tile T_', .... ..... he pr;.. 1_ ..-. 01 tile InItIa oIlhe ...._ ...... tIIenie, Tru_ <br />........., tile......... ........ at'" Iuiiu.....-..; .., hi'" .'~ ,-Wa ..d ",~JIo of tbc .k:. indudin.. bUI <br />_ ....... Ie. 1'_'. ,_ 81_ ~ .- " 011-. '" the an- .... prl<e. r_ all......, '. f.... and ClllIl. ullll.. ~.idell<"'; <br />lbl Ie aM __... _._ 81 TlWt; _ Ie. ,ho ~A"'" if an), It. the ""....... ""..........., .._ the....o, <br />"4 ......ra........~. Notwlth:dandlnM l..ender".. ill.:t.-elCtatlOfI 01 the ...1H1l~ ,c..:urcd h\' Ihl'" Deeu ~ll J fU'I1 <br />~ than have the ri-&h' to n-a"e any pf(K:.eedmrs- be.un h; I ("otier In cn"oRe lhlli Deed of I nl~l \jls~onl!nHcd ~l <br />4n,. ume prlOf' '0 tbe: eubcr to. tx:C-\Jf of hi lhe fllth day betOfe the.- ,ale ot the Property punuanl W lhc pt.)wer t,t \.ale f.:pntalflc-d <br />In 1m. Deed. of l'rua. llr tu) entry of .. Judgment enh)f(:tftg tht~ ll<<:d of -I rust It, illl 8of'to.....er pair'" t.t'ndcr i,i! 'HAm'! ,",ohKh ,,\)IIIt! <br />he then dw under 'h~ IJreed o.f Tnt1J. lhe Note and rn-,lC\ M'l.:IlrlOt Futuro Ad....ru:...,..-., If an.... h<ld (0\\ a~:".ele'aIIlHl 'lu."llrred <br />ftH Bort"t,)_cr t,"t"ns, aU breiK"he:t 0' iIlny Hlhcr (,'H...cnanh (,)f agrcemenb ot s.ortowc:t n\n'am~d In Ihl~ Oc-C'd l)f I fU,1 <br />H:~ &ooO*ct paY" .U fC'AJiliJfl..lbte o\penk'lO tflCurred by I coder and '1 ruslet' \11 cnh'\f'ClOg the ~'-O"~nalih and aglrt."tHenl'! \.! <br />IkK'fl)tIIJ'Cf ~ont.'.ncd U\ Un1 ~ 01 -lnJ!l.I .\lna "1 cn'",rC4n, L<-nder'1i l:Ind T,u'tet.'\i rt"med.re, II_'- Pi\l\"h_kd III P<lflllt'<tph lloi <br />~......, :locktdtOt, but IhJt hm-u',d U', fU'MJUhkI' littor-no-y.'" l~. and (-tjllk~rrnwe-t t.akt'lI 'S\fl.:h a-(.'lu."O ~;. Lcndc.l' ma\" I\~;!'t...nflilhh <br />f"'"'tutf" ~ aWf't {h>>t the hen of ih,LlII ~ {If ffUJil , C""fer',- mt(!rC'~l m the l'n'\-pcrrlr '\'1r\d tln-nt'\H,'l'" ,1h111l!~IH'11 II' r"!\ <br />