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<br />I <br /> <br />L <br /> <br />. ~ . <br /> <br />04 - 002436 <br /> <br />9. COIlMm:nation. The proceeds of any award or claim (or damages. direct or consequential, in connecfion with any <br />condemnation or other taking of the Property, or part thereof. or for conveyance in lieu of condemnation, are hereby a'Ssigned <br />and shall be paid '0 Lender. <br />In the event of:l total taking of the Prope!1y, the proceeds :shall be applied 10 the sums secured by this Oeed 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 a~e in writing, there sbalt be applied [0 the sums secured by rhis Deed of Trust such proportion of the proceeds <br />as is equal to that proportion which the amount of the sums secured by this Deed 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 DortOWl:T. <br />If the Property is abandoned by Borr-ower, or if, af1er notice by Lender to Borrower that the -condemnor offen to make <br />an awa'ro or settle a claim for damages, Borrower fails in ft::spond to Lender with-in 30 days after the dale such notice is <br />m_aile<L Lender is authorized io collect and ~ipply the proceeds, at Lender's option. either to restoration or repair of the <br />Property or to the sums secured by this Deed of Tru~L <br />Unless Lender and Borrower otherw-ise agree in writing. any such application of proceeds to principal shall nor extend <br />or postpone the due date of tht- monthly lnstatlments referred l{~ in paragraphS- I and 2 hereof or change the- amount of <br />such imtaUmen15 <br />Ie. JIorro'ft:r Not RtWawd. E.:ll;ten~ion of the ome for payment or modificalion of amortization of the sums secured <br />by this Deed of Trul,t granted by Lender 10 any !\UCCC$'-Sl':\f in interest of Borrower shall not operate to release, in any manner. <br />the liability of ihe original BofTowrr and Borrower's SU(.'i::-CSSOf-S- in !Ole-rest. Lende.r shaU not. be required- -to commence <br />proceedings agajn.~t such suc-:ces'SO-r or ref'U~ in extend time f.M payment or otherwise modify amortization - of the', 'sums <br />s.e('u~ by ~hts D<<-d- o!' Trust hy fe_a5Oft of any dcman~ made by the- anginal Borrower and Borrower"s successors in intetcst'. <br />11. F____tlCt' by [,.e"r Not a ",'ai~r. Any farbearance by Lender in exercislng any fight or remedy hereunder+ -or <br />~therwise afforded b,Y applicable law. ihaU nor he a waiver of or preclude the exercise oJ any such Ti~t or tt'~r <br />fhe: procurement of lO$uranct: or the payment I)f tiX_e:s Of olhe-r hens or charges by Lender $hal1 not be a walver of Lender'-s <br />fight to accelerate the maturny ot the mdebledness s-e(';ured or rhIS- I.>eed of Trusl <br />12.. R~ C.........e. An remedies pn)\'<,ded In thi5 Deed of TW'icl are distinct and cumulative to any _other- fight <br />Of remedy under thi-s. [}reed of Trust or afforded by law Of equity, and may be- exerctsed concurrent1y, independendy- Or <br />!>uccusivdy. <br />13. Suc.-.. ..... ,"..... _l1li; Joint ..... S...not I.lablllly; C..plio.... The covenanl. and agreement. herein <br />contained shaH bind. and the rights hereunder ~haU mure to-, the respe-etl\'C successors and assigns of lender- and-:Bonower; <br />subject to the plOviSl0m .of paragraph 17 here()f Aft C,f)'II'c-nants ;tnd agreemenC$; of Borrower shall be johit -and se.viMaL <br />The c-ap-liom and hudinp ~f (he pan!f. aph;\ 01 rhf\ [)ced of T fU!St are for convenience only and are not to 'be used: to <br />Interpret OT define the prOVtslons henwt <br />t... Nodc-e~ E1.c.cpt for any nO{H;t: reQuired under app-hcable lilw to be given in another manner. ta) nny notice. to <br />Borro-wt.-t prpvided, tor in (hit Deed Of TrUll s-haf! be gwen by m-alhng s,uch nOlice by certified mail addressed to Borrower- at <br />the Pmpc-ny Addt'C:U or at such othe,r ;jddrns ii~ Borruwer ma y tk:signate by notice to Lender as provided herein~ and <br />(b) any notice. to- Under shalf ~ given OV >:~-rtifiM m~uL return f'C'-t.--e:ipt requested~ 10 I...enderi$ address .statCd,hel'Cin-'or to <br />such other addf'eis. as lender may da..lgnare by nQtlce tn Borrower 35 prtlYJ-ded herein. Any nottee provided- for to-: this <br />[)eed of Tt'Ul4 sb-aU he deemed tn have- bun !t1'v-en W BOHOWt:f ..:'or 1 coder when g~ven in the manner 'designated' ,bc""n. <br />IS. Hail... 0H4 of Tf1iAt: <;O.-fflIitt<< '~..w: M~~ntWIit). Tlw. form ~,,~ deed l"( trust (;(lmbi:nes uniform cove:nautt'Jot <br />nauon.l UK l'lnd non~umform {oyenants With hmued vanaHons /)y !unsdtcuon to (ouslitute a uniform security -instrument <br />~-ovt'ring re-al fm'pe-rtr ThtS fked ot Tru~! dlaH he gt'!....en~ hy' th~ ~aw of the: jurisdiction m which lhe Property is loCated. <br />In the event fh~t an\;' pf(WJ~-tQn or d.use of !hi' need vi Tru'it Of the Note conflicts wilh apphcabJe law, such conflict shall <br />,'tot atI~'i other provl$tom, of :hl\ De.w of Trust l;.f the Note whu:h '~n be gIVen effect without the confiicting pfOvl$_ion, <br />and to lh~ end tM ptOVl$!'ona 01 tht' lleeU i~! Trillt and the Note ate JedareJ to be ~-vt;rable~ <br />1'-. 1Ion'owet', C.opy. 8()-n-OW~:"f shaH he (unH~he-d a ~:Qufo,ftn('d ,,:-upy 01' the Note and of this Deed of Trust al the time <br />of cualtlOf! -or d.ter r~ h<<eot <br />17, T........oII... ~,.;~. II all ", .ny pan ollhe Propetly or an in.k_t lherein..i. SQld or lransfetTCd <br />by Borrower *It-hout ~s prn)f' ",-ntt-Cll ':""'lW1H, ~,dudlng. ta} ~he creahon ('l-I .a Jten Qr cne.umbt1lnec'subo-tdkuuc-~to <br />Ihil ~ Qf.Tn~. (b) the ~t~tt(ffl of a pur(:h4UC nh,;me~ ~ufit)' .mtef~t tor hOUM!hold appliances. .f.C1 3' trans.&r'by de.':Yt.'$e:.. <br />~'~n[ (~^ hy opentWfi 01: law upon lM Jcillb of ~ ti-_ltnt fena"! ~H (J) the #taut of _-flY leasd:told interest of .hret:-_yC1trs or Jess <br />not 'oot.IOUl' an OpUOO h) put1:hasc, I.ender mJt)!, ;t( t e~r''1l ophon. t.l<<i,arc all the- Wall lJ1ecul'cU br this: Ot!ed -p-f.TrU5t to ~ <br />lrnmedi~uc!y due and p&:ylt-bk, Lemkr s.baii h:i\fe W,,(V-Cd ~u.-;h optKln to ac,"~lcra:tf: if. PJior ((!, ch~ >>Ie, Qt U"iui!Jf~r-~ tCJ\der <br />.:tnt1 lbe ptef-Wil ttl whom u'"';;c Propell)' ti to t!t' ktW V-T tf'aJlt.f:e.r-r-ed f'h.;;b ~&-r"me,tU in wrdin. that fbt ~jt of- $J;lc;h- pi:l:$Ofl <br />r$ Ul~f.ctOfJ' to Leooc: and that tne mteJ'-(iU pa:ra.hk ~H1 the ~unti ~.iUt'C(t by ihis f)ced of 'frlJ11i,{ shall ~ at .,.ch fa~e -as <br />l.c-ntlcr:shaU rC{fuaL H l.~ hill. WAf-l,{-ed {he (1p1!~i1- i~) x-~k.r.,.{~ prQT'iuc:d m thh. pua.rap, Jr, -3_nd if Jl<)rrower~i: 5uct;~ <br />lfl: Ul~t.ha.li. e~<<U(od-,..l WJut" .u:w.mpuoo ~-Jret.'I'fle!H -ac-IO:-epted ill wftimg: by Lend_C:f. Lender s.hall r-deue- Boftower- frOtu <br />.11 001."."",,, under 11m Deo:.l (~ Truo. ,.."j lhe N "'0. <br />If Lender e\'etc~ .!i-uch (tp(iOfl ttJ .l..:'(eft'fIit;('. Lendet ..h;,..11 i'noltd Iku'fower no~liCC- of a<<~luati-on in accordance with <br />p.u--a.taph 14 bcreoL ~h ootit..'C ~h-aU Pfl)\d-\k it ~H,,_.q .d IW! k'\~ than. JO dllY'\ from the, -date the notice is mai~ witbin <br />whkh lk>>'fQlitCf 11lA)' ~) file JtUUb d<<lareU Juc: ~t ROfWwe-f f..nh If:t p-:ily ~tx:h fom;. .pr.of to): rht: expiration: of'such perioo. <br />Lender may. 'Wnhout lurtne..f i1QfiU n-f dem.ilr-~ Oct; norn~wc:,r. lnh)lc any tt!UediC.!l permitted by paragraph 18- hereof. <br /> <br />NVN~UNH.t)ll.M ('-O\'t:'1"oA!'oill ~ I::wn-\._~.e-t ~n-d Lr-ndc--f turduu i.,:('FlL"CftiUli flnd .agree as- hlHoWi-: <br /> <br />U. A<<_........; Il~_ b<<..... pl".ided In paraenoplil 11 1>.<<01. u""' ......u_... b""",h (>f auy .0...... or <br />"'1-_1 01 ..........,. 1ft lloio I...... 01 "1.1lii.. bwl...u...: lhe ..........'" lu pay ,,"'ft d""ll8)' ...... lle<:"1'ed by IIris. Deeol <br />u11noot. I........ ,...... 10 .."...-.w mall ""I"'" 10 BonO"~I" p"..ldc4 i.. par........ 14.hereof .,..,ifylac' {Ill'" <br />Dr.....; (ZIIll<< act..... ."".........0 <.... _h ""'ad,; 131" .... _ _ lluooo.lO d~ h..... ~he tIaIc I.... llO>Ik" k ......10 <br />........_.. by wlokh ....... itft...1t ....... I.le <ll<C<t; ....<l (4) thaI lalhue .u <1fT" __ brelidI .... ..r ....,_ ihe tlatc.,...,lW <br />ift I'" --.... _y ~t ia a<<elcralloo of Ih. ....... li<<."'''' Ity lit.. lHod 011...... ..... Oak of lhe f'ropeI1y. The llO>Ik. <br />.w f_ .......... .....o..e' uI .... riChl 10 "'lnMat. afl<< ...",.Ic..tlna a.... the ritht 10 btilll .. .....rt lk1:ioh to _rt <br />the _"".......... 01 . doI....1t 0' ....y od..r def... ..f Bon........ 10 ",,<.Ie"'11oa ........ If..... _h .. llO>I ...I'ed <br />... ... ....1.... t'" elM. _lW 10 I"" _... t...... al b......r'. optiw> ""lY d<<1ar. all 01 1M ....... ...,..I'ed hy lbio Deeol <br />0I1noot 10 be i-.llaltly d... ...d payable ""hoot IUrlM' deo.a......... mIIY la....... 1M po".r u1...od l1li" Of"'r rtmetllts <br />~ by .................. LemIe. 'iIlall "" eolkkd 1<1 .<>IIe.. a!I rt_oallIt! ....1l; and upo_ in.eUTTed in pIllS"''' 1M <br />........ ......Wed in tWo _..... t8, iAclD<lia&. but ..... umiled '0, .--....... all_y'. 1_. <br />n.... po"'c< 0/ .. it ......... 1'r...... shall n<o<d . _in 01 drla..lt .. <""h <....01)' in wllkh tM P,..,.ny '" so...o <br />....' ~K-uf is )u.(~ .4 ~ fIIlIii l;"~ -ut UK-A nuiM.'-e iu iM nUUUK.f prCKJibed 0) appik-aiak hI_ in Bonu_-e:r aacl to th<< <br />oIller,.............-rihotl by applklOhk Ill.., MI.. I"" Ill.... of w.h timt! '" .....y be required by applkahk I..., T....... >hall <br />.1.. puhIk ........ 0/ ... 10 Ill<< ,._ ..... in lite n........ _rlbed by applkable Ill.., T'........ wi""",1 "'_1I 00 <br />........r. ... $OJI ,... ~ at poblk ....tlno 10 ,..., hia_ hid"'r al 1M ti_ and pia<e and IInd.r lhe ter_ d"'icuated <br />... l"'lIOIk. ..I_m....... mon parcels and ifl _It o....r ... T"",," .....y deler..w....T..- may _Ipo... ..... 01 all <br />or UI1 .....d 01 .... ........., bJ' public .............,........ al .he time ...d pla<e of au, p".~-)' ..ltedukd die. l.eo"', <I, <br />I,....... ........,.. ...,.. """"'- I'" ........ny III _) sale, . <br />u.... ....... 01 1""- 011"" pri.,. hicI, T....... >hall dell..r k> II!<l po"h...., T......... deed .......ym. .he PrropeTl) <br />...w. .r... ~ In .... 1........, deed .- be "rima r",le ..idflw. m tM lruth of tM .lat._D" ma<It: '.......0. T....... <br />...... f!PPl) Ill<< ~ ..., ~ ,l!!e I" !he r<tllowin;t o,der. ,.1 In 311 mtwi",bk <<>>b and ..P<.....,. of .11< ""k, i"elulll"". ...., <br />.. ~ to.,._ -r......)- fea; \If DOt IROlC-' tIaan_ _ -.1_0_ tf" -uf tM CI"Utii .Ale prkC'. rl':.~.bk .Uon:tr)"Ji f-fti\ .and tQSh: of <br />~:.""'~ lit) to all....... -"red It, Ihlo DeeIl 0/ TTW>l; ood {clIM un.., 11...,.10 the po""''' Of p,_"'legally enlitled <br /> <br />l'... ".n'~'-ww, --...to JleWt"'J'~ Not".>,~th~i<;lf~dmg {.ende't'-s: d.l\;~;-cltriiHfi..m 01, tht: 'wm~ :>>:cure-d by Ihl.\ r~~ \}f TniM. <br />Bou~f ~~U ha"lc- the riCht t.o h.",t; an)' V'roct,.'t:du\i<:~ br~~m hy 't:nd.er h_l !.'f>hH\;e tht;" need IJf Tn.l!'!it Jt:ltC\.HltH)UeU *.1 <br />a,n)' ~ PfiUi tQ the ,e..rl~IIO tX:~Uf LV, it] the: fHt:h -day t.el~)l~_ the ).j4i~, -\)f the PttJpCf1)' pUN,uafll1t.l {he {')\J\loC:C uf ~ie \.';,<nnhfl€t! <br />fnt~~-oJTfUj,h.~ {U,f~o.t:r)'\J'f. iud.~~~. Cnf{lh.-mg: ~hi~ r~\f of !f~*,a. If l<l) BnfU:I\l,-c.r thln I.t'ndC1 ail '\,um... whn::b WVllkt <br />be t.M$.- ~ \n~ d\~) Deed cl Tru~, fht;- Nl.'lC ,L!nd o.,,'Jttr'\ W.~.HH\1l hjmr~ A"d\,atK'~)" d ,lfl)', had fal ;l,,:.:dcr-aoofl CI>.:'-\Jft-l;..t <br />f,b, Butf-()wel 1;....fC;~ Mil hft"lu~n(>,~ ~JJ ~_n) {.1.ttK-r l,:';)v(:-Ui;i,nh -;'~f i\i-ft'.efOt'nt... of n.t)fTiJ\;,:-cf ~ >i.:l:ulameJ In !nn. i1e-eJ ." r!'U~L <br />H~J lk~.;:- ~)~ ltU r~i1l:~b:Abk t_l,,~~~~ tm;~urt~i by Lt',ndc-f jil._~!d TrHj:;te~-" m t'nh'l{dnit dn~ ":OH'n<1fih !"mJ <Agft.-t~n-,H.'tH~ \tf' <br />fk<<J~f ~(U\~i.\tftC::d to ~ht\ ~_d Hi _1Ht~t _.:I..nd H't i;"u(n-n.u.g t.(:n>J~f':\ lH\d 'fru~h'-'i:\ g'fll(-JtCIoi ,),." ptl.r~\".h~-d 1Ii p-rHalr,tHlph l!\ <br />~tll);{, u,,1udH~., but Di~ I-Hflittd ~~\. f-t~vlil\bk aUmnt-,-\ k~':t~ MH.I t.JJ fiottPW'Cf t~\_(.'_" ~\Kh "i.'H~,'H ;B t rndct IlH.\\- ril'h<\f\,'.lhh <br />t~-ttrt, h':\< .~Uj-e fMi t~ hen HI .hb I~d ~'Jf Trut-l, Lt-ndt:r'-!ii U1ta'l,,~t ,;, i!t-lC' P't\]l-len~ 4ud tl-.;'fiLn-"~1 ',\ ~,hhi,~\IIH! !<' i'ln, <br />