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<br />r- <br />I <br /> <br />l4- 002345 <br />9. C............ The proceeds of any award or claim for damages, direct or coneequential. in connection with any <br />condemn.lion or other lakin, of the Propel'ly, or part thereof, or for convey.nce in lieu of condemn.tion. .re hereby aaiped <br />.nd ,hall he paid 10 Lender. <br />In lhe evenl of . lotIllakin, of the Propel'ly, the proceeds sh.1I be applied to the sums ...ured by this Deed of TIUII. <br />with the e'cess, if any, paid to Borrower. In the event or a p.rtial taking or the Propel'ly, unlesi Borrower and Lender <br />otherwi.. .pee in writing, there shan be .pp1ied to the sums secured by this Deed of TIUII such proportion of the .....-. <br />as is equal to that proportion ..hicb the .mount of the sums secured by this Deed of Trust immedi.tely prior 10 the date .,f <br />t.kin, boa... to the f.ir m.rtet v.l... 01 the Property immediately prior 10 lhe dale of lakin,. with the bal.nce of the proceeds <br />paid 10 Borrower. <br />rr the Property is .bandoned by Borrower, or if, after notice by Lender to Borrower that the .ondemnor otren to IIIIke <br />an ....rd or settle a claim ror d.m...., Borrow.r fails to ....pond to Lender within 30 d.ys after the d.1e such notice it <br />mailed, Lender is authorized 10 collect and apply the proceeds, at Lender', option. either 10 restor.tion or repair of the <br />Property or to the sums secured by Ihis Deed of Trust. <br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend <br />or poslpone lhe d. ue date or lhe monlhly installments referred to in para....phs I and 2 hereof or ........ the .mounl of <br />such installments <br />I'. .......w NoC R___. EJI;tension of the time for payment or modification of amortization of t~ SUIM secunlKl <br />oy this Deed of Trust panted by I ender to any successor in interest of Borrower shall not operate to re~. ID any manner. <br />(he liability of the original Borrower and Borrower's SUCce5'Son in interest, Lender shan not be reqUired to commence <br />proceedinp apinst such successor or refuse to extend rime for payment or otherwise modify amortization of the -IlII'nS- <br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower', suceeaon in int...t. <br />I., F--.e by te_ Not. WaI.e<, Any forbearance by lender in ..ercising .ny righl or remedy hereunder, or <br />olherwise afforded by applicable la... shall no. be a waiver of or preclude lhe e.erci.. of any .ud1 riab<< or remedy. <br />The: procurement of insurance or the! payment of taxes or other liens or charaes by Lender shall not be a waiver of Lender.s <br />right 10 accelerate the maturity of the mdebtednes... secured hy Ihis Deed of Trust . . " <br />'1. R~ C.........r. All remedies provldt-d 10 thiS Deed of Trust are distinct and cumulahve to any other n&ht <br />or remedy under this Deed of Trust or afforded bv law or equity, and may be exercised concurrently, in.pendendy or <br />succaaiveJy. <br />I J. s..c-... AMlpo ....l1li; J...... .... Sn..aI ~: {.......' The coven.nts and agreements herein <br />..::ontained shall bmd. and the rights hereunder shall inure to, the respecllve successors and USllDS of Lender and Borrower. <br />~ubJeCl to 1he proVISIOns of paragraph ! 7 hereof All covenants and agreements of Borrower shan be: joint and leveral. <br />lbe caplJons and headings of the paragraphs of this Deed of Trust are for convenience only and are not to be used to <br />IDterpm or define the provisions hereof. _ . <br />'4. NOIke. Except (or any notice reqUired under applicable 13"" TO he given In another manner, (a) any notice to <br />Borrower proVided for in this Deed of Trust shaH be gIVen by mailing such notice hy certified mail addressed to Borrower at <br />the Profle11y l\(ld~ or a! !uch other address. .as. Borrower m<!y Ce51gnate b:'1 notice to Lender a:. provided ....erein. and <br />(b) any notIce to Lender shall be Ilvc-n by certified mail. return receipt: requested, to Lender's address stated herein or to <br />-such other addrC'Sl as lender may dcslpale by nouce 10 Ik..."rower as prC"vided herein. Any notice provided tOl in .hil <br />Deed of Trust shaU be- deemed to have been gIven to Borrower or l.ender when given in the manner desilft&lCd herein, <br />15, U...... IlHtI of Trwt: Go.~nri.. I,..: Se>.e,.-.-y. Th,,, form of deed of trust combines uniform covenan.s for <br />nauonal use and non.uOIform covenant\ With Ilnllled vanallons h\' JUrisdiction to conslttute a uniform securi.y ins.rument <br />cO\.'enol real propeny This Deed of Trust ~hali he l!on'rned hI,' the law of the Jutlsdiction in which the Property is located. <br />In the: event that any provIsion or clause t,.lt rhl'S Deed ot r rust or the l'lotc conflicts. ;...:jlh apphcable law. such connict shall <br />not affect other provnu.los of Ihls Dew (If Tru~t or the Note which can he ~I..en elIect without the conflicting provision. <br />and to thli Clod the provasions of the Deeu of Tnllil and (he Note arc tic<;iared io he severable. <br />." """"..', ctlII- Borrower thall be turOl!lhed a ..::onformed copy of the Note and of this Deed of Trust at the time <br />,)1 execution or afttr recordataon hereof <br />". T.......er of ....'.......)1~. II all (lr any part of the Property or an interest therein is sold or transferred <br />h)' Borrower without Leader's pnor written consent. C\dudlOg I a; the creation of a hen or encumbrance subordina.e '0 <br />rhllli Deed or Trust. (b) the (',ration of a purchaK nWl1cy st."Curil)-' Interesl tor houKhoJd apphances. (c) a transfer by devise. <br />descent or by operation of law upon &be de'ath o( a jc)mt h.'nan! or I d J Ihe grant of any leasehold interest of three years or less <br />not COl1tainin. an OptKln to purdlue. Lender lOa)'. ,~I 1 ender's uptlOn, declare ..11 the- !lums secured by 1his Deed of Trust to be <br />101medialely due and paYable, Lender ~hail have -w~uved such OPUOll tv accelerate if, prior to the sale or transfer, Lender <br />and the pef!(ln to whom tbe Property 1$ t(,) be ~.ld or lransfcrrw reach agre:emenr in wri~ing that the erNit of such penon <br />IS !i.atisfactory It} Lender and that the intera1 payable on the "um5 ~ccured hy thi~ Deed of Trust s.hall be at such rate a~ <br />Lender sbalt request. It l.ender h,n waived the oplu,m to a(,;~;clerate provided In thi1t paragraph 17. and if Borrower's successor <br />III tOteml ha~ executed a wntleo MliUffiptlon a.greement a\.'l.:cpled In wrltmg hy lender, Lender shall rete.1e Borrower from <br />all obbphom under thiS Deed of Trusl and rhe Nole <br />If Lender exerci1a such option to ac,\:elcrale. lender ,huIJ mall Horrowcr nOllce of acceleration to accordance wilh <br />p.tra....pb 14 hereot. Such noth:e shall pHwlde d penod or not it's-s than 30 days from the date the notice IS mailed within <br />whK-h Borrl.."lWcr may (la)' t~ sum31 dedare..i duc. If ""rtO\ll-'ef f.-t1I~ 10 ~')' ~uo;bsllms pnor 10 the e'Jl;pJralion of SUCh. period. <br />Lender may. wutR..~t funher nOIl,.: .or dem.nd on liorT\)wer. l1l\'oke an) rcrtle<hes permitled by paragraph 18 hereof <br />NON.UNlfORM ('{WEN"N'~ 8orm...-er ano lender lunher ~l)Vcnanl and liIlree a~ follows: <br />",.\.._...., It...-, t:u.,. .... pro.i<!<d In ......... 17 h....... u_ .............. ......h of .ny .0__ or <br />..1ft.... of Ienv....' in .hit. IlHti of -t'..... ilK'llIIIiaI .he cou._u to pa) wheA due Mny 511" lIK.red by thil DMd <br />of 1r..... I.e_. ..io< 10 ""N'1II.,n .- _~ noli... 10 ........... .. "..>ided in ........... 14 be..of 'p.d'yifta: III tbe <br />......h: IZltbe ad.... ......i<M lu '.0", .""h b",,,,,h: (.l. ad..., _ ... t_ .lO d.y. lro.. lbe dat. lhe noti.,. .. mailed In <br />1Ionu.~r. b)' .lIklt ~udll _..h mlMil bto ,ure4; .Ad 14) thai laiI..-e 10 cllre ..ueh hre..:" n 01 befoft the dale spedtied <br />in I.... _I<< _, '_I in ""..1<.- of t.... ..._ ...om! b, Ihio lle<d of ....... and sale ollhe p...,.,rly, T.... notk', <br />!i>..... fun_, infOflll 1Iorro-('f t)f ttw .....1 10 m_"~ atwr Knkr.lion and Ihe- riah' 10 brillc >> nMlrt IKtiotl '0 asHrt <br />,.. ......c.61..lK'c O. . ...... or .n, odll'r dde8M' of Borrower 10 Iih."t.-r&eration and sale, If 'h~ bre..h is not t.'urcd <br />0" or Waft 1M ... lpKiIied ia 'M .....e. l.e"', .. lA'",,"" option 1Ni) d~da" all of Ihe 1J;U,"'- W."("UM b)' Ihhi DHd <br />ui TnDllO be ...........riy ti. and pa,-__ wtiritout 'urlkr drnt.Ad and 111M) in.okl.' lbe po_rr of die and all'- othe, rt"lReclin <br />penailled It)' .,.ticaltle law. 1.ftMlt:,.... be C'Dtided '0 ,,'o.d all naMtoable uMib and ~-'lWaw" inll.'urred in pUBuilll Ih~ <br />....... ___ '" tWo _.. II. iorc........ ..... ...-11 IiMit.1l I... r._..... a"_y's f-. <br />If the pewit, of uk is ill'...... T....H ~haII ",,'old. no'in of d......1I in C'*.'h ,,'oua.) in _hkh 'ht" Propertl ur !iomt' <br />,.n tIwR<If io Ioc..... _ ...... _ ...... of .",11 nolin in I'" ID"., pr..uibeol by applkabi< Ia.. 10 .....o...r and 10 Ih. <br />ot.......- __ lIy ........Ia.., .\lIe< lhe Ia... 01 ....h li_ .. IDa) be r<tfuim! by applkabk> Ia... T......., .hall <br />Ci... ....... .aiel' 01 ..... 10 .. ptnGDlt and in 1M "'..InMr prft("ri.... b)' aptllkable law" "TfWitft. wilhoul de_and on <br />.......a. .... .. ... '~rt) .. ....... auctiua 10 the hilhesl bMld.r al lhe Ii.. and plJK't' and unclu the (nRllt. dnicnalt'd <br />.. ... aelkif 0' uIc ia .... 81" ..... par(:f:. ..... in PM,'" or.r .. Trustee ....) delnlRiAe.. Tnn.aer 1Il8) potilpe... IiaIe uf all <br />nl' aUJ pa....~d af Ute Propc-rtJ by p.1.i.bfk ~il..,,-.a..~* .... ilk liaK .u.J plikc ,;{ ...) If.C."''''' ....Ani*ci..it:. Lt'Bdcr IIr <br />IA_.,....... _ ~..... ........, 111 -J _. <br />C,.. ~ t.r,.,.... u( the priR bid, T~ !ohaII ...htr tu the pun__r .......".Ift.~ tkull.....".c,-in& tht- 1)r'f.tpII:'....) <br />...w. TIw _..... In "'" T_'. d.... _ be pr'Ua.I 1_ .,id...., of the lruth of the ....._. .._ "",,<la, 1m..... <br />..... -'> I.... ........... of dw .. in "'" ,......iIIa o,d<r: lal to all re........w. ,...... and ."1'<..... or I"" ...... indudinll, bUI <br />............ TIWiI.e!io lea. of IIOt nwrt'....... ~) of I~ of dw,,.,,, lWaW prke, f"t"MUIlo\IbW "lue..}' '!\ fH~ and l"'~ of tide ~\idn"'t'; <br />,bl "'.. _-..I b, Ihla PMol of T1Wl: and 1<1 "'" ..._.lh..~. 1..1.... p........ nr ..........., k'llall) ...litMd 1....'..0, <br />It~ .....er-....... to ........ NOI'*tltnhmdmg Lelll.j.c:r'.. aCl.:defdtH..'fl \11 Ih\.' 'dlm'- :>C\.lHCO h" Ih:... Dec,'J l'f 11l1'-I <br />IkHrower .h.U haye the n,ht 10 h~\'c Jln)' phx.eedtng~ hcgull tn, I endcl" tn !..'-nh.}H:t' tins (A~d \)l 1 m!.1 ,11\~(lnl:nucJ 4! <br />..n)' umc pfK-tf to the, earlier 10 l.."-=i;Uf v( (II the fihh d.~ ~fo-r~ the \-dIe 01 the Propcrt)' put1iu.ant In the p~l\ll.Cr (lj !oalc ~lln,,111ll'li <br />i-n thil- Oved of t,".t or tu.C'nt.r) (.\' ~ )udJnJent l'nf'o-r,m, thl'" [~of TruM If tal 80nuwer pay!'. l_cfld~r ..II sunh Whll-11 \II.\luJ,1 <br />be. then due: u..... thu o.:.ed of Tru\t. the NOI(' "tOO oot.c'" \.C\.IIT1I1j1 Futufl: Ad\'arh,;e... J! an," h.uj fHl d\"\"dt~fajl\m H~..UlICJ. <br />lb, Bonowc-f cure\; aU bre'.-.ilel uf -.ny Hthe-r l:-oveoaHh Of aJ(recmenh tit nnfh..l'ol-~I 1.l.lflUUtll'l..l in Itll'" [kl~J ,'f 111,-\l <br />h:,) Borrow'cr p.Y" ..U fCll"OO.b~ ('ptn~"\ IOf.:Urre11 h\. I t'fHj~r and lrtl:\ICC In t'nfuft':Jf1j I hI...' ..tI\t"n;Ulh -Hl~i ;j,~lt''CI1H.'n1\ "j <br />IIorf~et ,oot..une.d fn th",~ [)~c,.-J ~If rfu~t and In cnfor"'lOg l.t'fhkr"li dod T ru..h.'\:\ fl'mc'j"ht.~' ll\ rr.)\hkd 11\ p.l(il~fdf'h ! ~ <br />hc.r(:t'\f. IrMo:t\!dlftJ,< bu. tt(~ hmrt~d Ill, u';ilM,)uahk at.tn.oc)"" f(-e' AnJ tJ, R\....'n.-el l.sk\."), ~u~h <\\.'11;,1-11 i\-" I t'I1Jer 11',1'0 [l',,"'-'!;,Ihi, <br />f~ti..r-c h.l ......ute that ttw lJeN \1" Ihli l~<-d 01 lru..t I eo-4;r".. Hllt'r('""'1 H. the Pfo.pcrh ,'\Ild UII[I\n,q:r'.. ,.hh(!!ali'lll ;, I; ,\ <br /> <br />L <br />