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<br />I~ <br />I <br /> <br /> <br />I <br /> <br />84-- 0024.88 <br />& <br /> <br />9. Conde-mution. The proceeds of any award or claim for damages. direct or consequential. in connection with any <br />condemnation or other taking of the Property. or part thereof. or for conveyance in lieu of condemnation, are hereby assigned <br />and shall be naid to Lender <br />In the event of a total taking of the Property. the procecd~ shall be applied to the sums secured by this Deed of Trust. <br />with the eXCtSli, jf any. paid to Borrower. In the event of a partial laking of the Properly, unless Borrower and Lender <br />otherwi\e agree in writing:. there shaH he applied 10 the sum.. ..ecur~d by thi" Oeed of Tmst "lie!'! proportion of th~ proceed'!' <br />;)$ is C(lUal to that proportion which the amount of the sums 'iccured 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 tbe balance of the proceeds <br />paid 10 Borrower. <br />If the Property is abandoned by Borrower. or if. after notice by Lender to Borrower that the condemnor offers to ma,ke <br />an award or .settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is <br />mailed, Lender is authorized to collect and apply the proceeds. at Lender's oprion. either to restoration or repair of the <br />Property or to the sums secured by this Deed of Trust. <br />Unless tender and Borrower otherv,'j~c agree in writing, any such application of proceeds to principal shall not e:.\lend <br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of <br /><;.uch instaIlments <br />10, Borrower Not Re~a.wd. E.:den\lon of the time for payment or modification of amortization of the sums secured <br />hy this Deed of Trust granted by Lender to any succe.ssor in interest or Borrower s.han not o:perate fa rdease, in any manner. <br />the liability of the original Borrower ;jnd Borrowers successors in inten5L Lender shall not be required to commence <br />proceedings. against such ~Uccessor or refuse ro extend lime for payment or otherwise modify il.mortization of the-'sums <br />secured by this Deed of TruSf by reason of any demand made by rhe original Borrower and Borrower's 5'uccessors-in interest, <br />t L FO~!lnnc~ by t~PMhor N&f !! w~"'r-r. An}' for-De<!!'ance hy len-der m exerci~!ng any !"~ght or rem~,y hereun~r, or <br />~l-fherwise afforded by applicable law. shalf not be a waiver of or preclude the exercise of any suc_h Tl~ht -or remed~. <br />fhe procurement of Insurance or Ihe paYOlcnl of taxes or olher liens or charges by Lender shall not be 3_ wafVer of lender-s <br />r!ght to accelerate the maturity of the mdchtcdness- secured h-y [his Deed of Trust. <br />12, Re",edifl; Cumu"'i\'~. All remedies pr,)vHkd In thiS Deed of Tmst 3re distJnc-t and cumulative to any other "right <br />or remedy under thIS Deed of Trust or atTordtd hv law or equity. and may be t:xercised concurrently. indepcndenrly. or <br />s-ucc~tvdv, <br />13. SU('ca.wn and AssiCns Bound; Joint and M-ve-ral I,Jability; Captions. The co.venanU and agr~emem:i hereir'l- <br />contained shaH bind. and the right~ hereunder shan mure to, the respectlve .successors and assigns of lender and _Borrower;' <br />~ub,ect to the proVisions of paragraph 17 hereof All covenants and a-g-rcements of Borrower shall be joint and several, <br />'be ca.ptions and headings of the paragrJphs of rhis Deed of Trus! are {or convenience only and arc nOl to be used. _to <br />Interpret o-r define the provisions hereof. _ . <br />14. Nolief'. Except for any no-tl-ce requIred under applicable law to be given In another manner, (a) any noltce i() <br />Borrower provided fOf in thts Deed ot Trust s.hall be- gIVen hy m;uling such notice by certified mail addressed to -Botrower'at <br />the Property Address or at such Of her address as Borrower may designate by notice to lender as prov-ided 'herein._ and <br />! h) an\' notice 10 Lender sha.1I be grven bv cerufied mail. return receipt requtSlcd. to Lender's address stated - herein" or to <br />...uch other address as Lender may designiue by noucc (0 Borrower as provided heretO, Any notice provided for in this <br />Deed of Trust s.hall he deemed to have been glV-e-n to Borrower or l.ender when given in the manDe'r designated herein, <br />IS. tJoiform DeflI of Tnut; GOYl'.rni"l t~,,~: MnrahiJi'y. Thl!o form of deed of trust combines unjform.covenants for <br />nattonal use and non-uniform covenants w1th IImlled vanlitlOnS by IUHSe'c.tion to constitute a uniform security inStfUment <br />covering real propeny Thior. Deed of Trust s.hall he governed by the law of the jurisdic~ion in which the Propert)' is located, <br />In Ihe event that any ~OVlston or clause of tht~ Det..~ of Trust or the Note conflicts With applicable law, such. conniet .s~aU <br />m.t affect other prO\'lsKms of lhni De-ed of Trl.L~t or the Note whIch can be gtVcn effect without the conflicting- pro-vlslOn. <br />;lOd to ltm. end Ihe prOVIsIons of the Deed of Trust and the Note arc- declared to be severabie. <br />16. BoO'Ower-'s Copy. Borrower shall be IUfmshed a c_onfonned copy of the l'nle and of Ihis Deed of Trust at the time <br />ut e~ec:U[lOn or after recordation hereof. <br />17. T""'-er of the Propn1,:: A_....... If all Oor any part of the Property o~ an ~te--fe$l therem is sold or transf~rred <br />ny, Borrower w-tlnout Lender's poi-tor wnUen co-n~nt. c:~dudm~ (a) the creation of a lien or encumbrance subordinate_ to <br />flus lked of Trust. ih) the en:atloo of a purchase money secunty inlerest tor household apphanccs~ lc) a transier b.y devise. <br />descent or by ope-alton of law upon the: death of a tomt tenant or (d) tbe- grant of any leasehold interest of three- years_or' less <br />not conla-inmg an option to purchase. Lender may. a1 Lendc-,r'x option. dectare all the sums secured by this Deed of Trust to be <br />immabateiy due and payabie. lender shan have .....lIved sueh opllon to :t{,:cc:icratc if. prior to the sale or transfer. Lender <br />and the penon 10 whom ,the Property i-s 10 be soJd or tran:derrcd re.ac-h agreement in writing that the credit of such person <br />is satt.Sfac!OfY to- Lender and thai the interest payable on the ~ums st.'"Cured by this Deed of Trust shall be at such ralc :as <br />I.cnder shall request. It Lender has WM;fVed the optIon to aceeler-ale proVided in this paragraph 17. and if Bor-rowt:r's S-UCCC$SOf <br />iO Interest has executed a u,'nltcn auumph-on agreement at:cept-ed in wriung by Lender, l.-ender $hall rtiean~ Borrower from <br />all obhpl1Of\$ under th-~ Deed of Trust and the No-te. <br />l( lender exercJK'S lIuch option to accelerate. Lender shall mal) Borrower notice of acceleration in accQrdance with <br />pa~gr~ph 14 hereoi. Such oolKe thaH proVIde a pe-nod of nm 1e~1i than .\0 days from ,the date the notic.e is mailed wi-thin <br />which Borrower may pay the sums dttiared due, It 8orrower f;llls 10 pay 1-uch .\ums pnor to the expiration of $uch,period~ <br />Lender may. WtfhOUI tunher OOllce Qr demand on Borrower, ~nvo-ke .any remedies- pe:rmitled by para,raph 18 hereof, <br /> <br />NON-UNU-OMM COVENANTS Borrower and Lender further Ctwemmt and agree as loUows: <br /> <br />18. Aecdentiooo; R.mfll.... En...... plo.idod In p_",pIt 17 h.....,. upon .......w.... bmoc:.. of .ny en..n..lor <br />"I:_n' of 1In.......... in Ihi> In..! Df Trust. indlldln<<. 'h. eo..nn.... '01 pay ..h.. due any _ _..red by IhisDnd <br />of Trust. I...... prior '0 lI<<<krnlio. shllll mad lIO.i.,. 10 8....r..w.. .. '....Ukd.. ........... 14 .....,..,....dfym,: fl) 110. <br />~; (11 .... ..,lion mt..iffillD .U... .urh b...nch; (3) . dill., n'" ..... than 30 day. ''''11\ I........ lhe ...Ii<< 1$ m.W '0 <br />............ by ..Ioieh oorb ........,., mWII ... cund; ...d (4) .h., f.i1_ 10 ru... _10 bmoc:h OR ..r ...fo.. I", ....e ......Ifi... <br />in 'he nolie. may ....MI' in .w,k"';"n ..Ilh...._ _urfll by 'hk Deed 01 T..... and.. of lb. .........rty. n.. nolie. <br />,hall lun"'r inl"r... 80......... OIl the riChl '0 ,dMiIlt. afl.. ..,....1;... .nd 110. ..... ,.. brine . rourt ac'.. '0 _11 <br />t'" _.ial..e of . ....f...1l or .ny olhe. dde_ 01 IInr......r 10 Keel_loll ...... II 'Iw brudt Is no' ruffil <br />on or bef...... .... dal. .,.wied In ,he nntk.. ......... ., ...........r.. oplieu _, .......... ... olthe ...... _und by 110... DHd <br />of Tr.... ,,, "'''''Me4inldy due and payaW. wil_ f.rther........... ..... _, in...... I.... ,....., ol.. and _y oIher ........16 <br />""mill,,,, by IIppli<aIIk law. I.................. enl_ to _'1111 ~ __ _ ....- i...rmli. p.....i"lllh. <br />...me4Ma _._ in lhis _...... 18. ~, ..... "'" Iimltfll '''. ..-..... "'_y'. f_ <br />II..... pow.. ol .. .. ...."".... T...... _II .......... . nollo:e "I oId..11 i. ._ ........y i. whit.. I.... p......rty or ...m. <br />p.... thltftOf is~,..4.... ... ~... ~.. ..._ift ilt 'M mM!!'ft pn!('~ hy .".... law tOo Bon:ower ed Ie the <br />........ ...- _"be<! by ........... Inw, Aft.... I.... fa.... "I .nh Ii_ .. ....y ... ......... hy aptIIlulIh Inw. T_ shllll <br />~i.. pulllk _... ol.... ,.. ..... ..._ and in Ihe .....""r PnKri_ by .pplkabk I.w, Tr....... wil_, H_d on <br />.......w... ...... HII,.... ........"" lit public .."'ion 10 I", ........1 bidde. lit 110. li_ ..... piau .... ..Hr ,... "rm. d.......d <br />in ,... nolk. of.. 1ft """......... pan:d. and I. OOKh or...... .. Trust.. m.y d.I-,", T...... m.y ........"" ..I. of 1111 <br />or ...y ,..<<1 of ,... p........y hy ,ubIk ..""__n' 1Il 110. .im. anti pl_ of any prniowly ""__ sak, Lo.Hr or <br />I..,........ ~ _y pu",~."" P_rty at .., oak. <br />U,.... -.. of puy_ ol .... ,...,. Ioid, T........ .....1 oIdl... to t... pun:_. T....'..'. ....... ronny'.. 110. Pro""rty <br />....... T"'rerltnh i. ,.... T_'. ....... ...... ... prI... IKa. ..Uk_ of ,... I...... 01'''' _,_ made '......In, TIU"" <br />.....ftPfly the ~ of ,... .... hi ..... 101....... ......" 1.1'0 all __ .nab ... "'_ of 110. ..... i.dudi.... but <br />"'" -- to. T_" 1_ "f nol _ I.... S. 0 % ..f ,he........ ,110:.. ._111. MI'......y'. I... .nd .oa's 01 <br />:::.:..w.-{iI} 10'" __......~y 'h. Dn4 ofT....., and It:) 'Iw u~. if any, '0 I'" ""...... or ""....... "'oIly .nllll.,! <br /> <br />J".." ~. ".II.__t!O _ke__& l'olotw,itt~$ta~dm8 Lender'!lj; accdtratwn of the liums ~"\:ured b~ lhr, Dccu of Trml. <br />8otrowcr shan have Ihe fi,tn to ha~e .any pU:K'CCdif1I:~ hegun by lender to eoton;e tht$ [ked uf 'l Tw;t df\conIHHll"d -at <br />~ny !'-~ prior (-a the t'--ilf_hn to- oc'Cur of I.iJ the fifth d__)' before the ule of the Pro-pen)' ptlrsua~lt h..> the- ptllAo.('f of '\ak 1,:~)tH~wcd <br />Ul .ht$ ~ofTn"'t(u 'H) (!rnry of a judgment enCore..,. thts !:.ked of Trust it. ta.l R(\fr-()Wer pay,-l\!nd\':'r 311 iUfll!i V.hKh loI.ould <br />tlf:' tlMn due tlodet th-i$ ~ ot Im\!, the NOl-e and note, 'W"",-u--mg Future Adli"aoc-('."). If .:toy. n.ud no a<('\:cl~rallon ("'"~!;tJHe-d_ <br />1M &twrOWCt (;-4Ifl$ uJI bt"-ellC-Mi O-f iAny Of-her covenanb Of agrcement_j. of aorro~'cr c-ontatned tn !hl' ()eed .)f '1 ruo,L <br />(() lIoo'O'We".r ~.Y" aU n:a~ble -expcruU\ mcurred by Lendet and Ttllilec H\ enforCing tht' l".t}veni;tnt~ and J,ltr<<mt'm~ ,II <br />.&or~f' c;.-Oftt.incd n\ litfl ~ of TrusJ and H'l en(('l-ff::tQ' l.,('nder'~ "'00 TnJ~lec-'\ rttmedte~ ...~ prOVIded In ~'./Ha,raflh 1 S <br />hltfcut I~Jltdt_. but -nut hmn<<t t'O, re.a:"on"ble- attQr"r.,.'~ fe('J'ii; -a-nd (\I) f:lotrt)we.t lake--5 ~l~ch a(:1Jo-ft ii' 1 cndt'-( rn.;t\ H'-"\{H1.,hh <br />t'ft4\}iJ"t- In "m.'f~ lb.. t-f\t hen 01 th-!:1i [k~d- o-f -'hUM. 1 ~'1ldfn'" mU'((::\i m lh~ p,-oJ'<'f1Y and a-""'rfowt:r., ,}hltf.!aIlPfl III !'.H <br />