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<br />9. Condemnation. The proceeds nf anv ,!w;lrd \1f d3101 In!' damage.., dlre....l or cunst':quential. ili connection with :m~,
<br />condemnation or other taking of the Propert);. or pan thereof. or for conveyance tn lieu of condemnation. are herehy assigned
<br />and shall be paid to Lender
<br />In the event of a total taking of rhe Property. the pwceeds shall he applied fo the slIrns secured ny this Decd of Trust.
<br />with the excess. If any, paid to Borrower In the evenl ()f <f partial raking Pi" the Propert)', unless Borrower and Lender
<br />otherwise agree in writing, there shall he dpplied !0 the sums <;ccured hy this Deed of Trust stich proportion of the proceeds
<br />as is equal to th:H proportion which thp amount of The sums o,;.t.'cl!red hv :hi<; Deed (If Trust imnwdi:udy pri(lr to the date of
<br />taking bears to the fair market value of the Properly immediately prior In the date of laking. with the halance of the proceeds
<br />paid to Borrower
<br />If the Property J') 3?andoned by Borrower. or if. after nprice hy I cnder tt'! B~rrower that the condemnor offers to ~ak,e
<br />an award or settle a claIm for damages, Borrower fad... to respond 10 Lender wlthm 30 days after the date such notice IS
<br />Oldiled, Lender is authorized to ~ollect and apply the proceeds. at I ender's optIon, eJther to restoration or repair of the
<br />Property or to the sums secured hy this Deed of Trust
<br />Unless Lender and Borrower olherv.'lse J.gree In writing. ~Iny ,>uch application of proceeds to principal shall nOl extend
<br />or postpone the due date of [he monthly installmenls rderred to In paragraphs 1 and 2. hereof or change the amount of
<br />such installments
<br />10. Borrower Nor Rtleased. ExteO'i,lDn _'I lhe time f(lf payment or modification of amortization of the sums secured
<br />by this Deed of Trust granted hy l.ender tn any successor In Interest of Borrower shall not operate to release, in any manner,
<br />the liahilily of [he original Borrower and Borrower\ ')UCCC'5s()r~ In interest Lender shall not be required to commence
<br />proceedings against slIch successor o. refuse to C\lend {lrne for payment 01 otherwise modify amortization of the sums
<br />secured by this Deed of Trust by reason ,)f any demand made hy Ihe original Borrower ,and Borrower's successors in interest.
<br />1 J. Forbearance by Lender Nor a Waher, Any forbearance by Lender In exercismg any fight or remedy hereunder, or
<br />0fherwi-sc afforde---d ~y applicable jaw, shall not ~ <l waiver ('If N preclude the exercise of any such right or remedy.
<br />The procurement of (nsurance or the payment of faxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />right 10 accelerate the matunty of the IOdehredness secured hy I his Deed of Trust
<br />12. Remedie1ii Cumul..i,,~_ All remedies pnwldcd 10 this D~ed of Trust are dlstmct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by law ur equity, and may be exercised concurrently, independently or
<br />successively,
<br />13. Successors and ~\.ssil:DS Bound: Joint and Several Uability; Captions. The covenants and agreements herein
<br />contained shall bind. and the rights hereunder shall inure to, Ihe respectIve successors and assigns of Lender and Borrower,
<br />SUbjeCl to the provisions of paragraph 17 hereof All covenanH> and agreements of Borrower s.hall be joint and several.
<br />The captions and headings of the paragraphs of thiS Deed of Trust are for convenience only and are not to be used to
<br />interpret or define the provisions hereof, _ ,
<br />14. Notice. Excep[ for any nO[ICC reqUIred under apphcable law to be given lO another manner, (al any nouce to
<br />Horrower proVided for m this Deed ot Trust shall be given by mailing such notice by certified mail addressed to Borrower at
<br />the Property Address or at such other address as Borrower may designate by notice to Lender as provided herein. and
<br />(b) any notice to lender shall be given by certified mail, return receipt requested. (0 Lender's address stated herein or to
<br />s-uch other address as Lender may designate by notice 10 Borrower as provided herein. Any noti(:C provided for in this.
<br />Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated_ hcrei_n~
<br />lS~ Uniform Deed of Trust: Gov~mi.. I~.w; Severabilit)'. ThiS form of deed of trust combines uniform -covenants for
<br />natIOnal use and non. uniform covenams with limited vanaHons by jurisdiction to constitute a uniform security instrument
<br />covering real propeny. This Deed of Trust shall he governed by the law ot ihe jurisdiction in which tbe ProperlY is localed.
<br />In the event that any provision or clause of this Deed ot Trust or the Note conflicts with applicable law. such conflict shall
<br />not affect other provisions of this Deed of Trust or the Note which can be given eff<<:t without the conflicting provision.
<br />and to Ihts end the provisions of the Deed of Trust and the Note are declared to be severable.
<br />t6. Borrower', Copy. Borrower shall be furnished a conformed l'OPy of the Note and of this Deed of Trust at the time
<br />of execution or alter recordation hereof
<br />17. ~ of lhe Propnty; A..umpCiun. If all or any part of the Property or an inleR$t thereinj. .old-ortraosf~.11'Cd
<br />by Borrower without Lender.s prior wntten consent. excluding (a) the creation of a lien or encumbrance, subordi....lc_ ,to
<br />this Deed of Trust, (b) tbe creation of a pure-hase money security interest for household appliaDces~ (c) a-t(ans,fe:r',~Y ~isc,
<br />descent or by operati?n of law upon me- death of a Joint tenant or (d) the grant of any leasehold- interest ()f--threc.-yt;ars- ,o_r_~_~s .'
<br />~ot containing an option to purchase. Lender may. at Lender's opii~n, declare all the sums secured,by (bis--Dced-o{-.l'.~~~:t()~~
<br />lmmediately due and payable, Lender shall have waived such option to accelerate if. prior to tbe: 'salc,-,:or~'-t~llSf~tl~_<ler;'
<br />and the person to whom the: Property IS to be sold or transferred icach agreement in writio, that. the .C<<9.. i..t.()..f......s~..h:.......:._...pe, .._.................
<br />tS satisfactory to lender and that the interest payable on the sums secure-d by this Deed of Trust- shall-'-M_ atsw;;h-_.rate,:lIi
<br />lender shall request. It under has waived the option to accelerate provided in this pa.ragraph 17. and ifJlorrow~'$':.,~_r-
<br />10 interest has executed a written usumption agreement accepted in writing by Lender, Lender shalt relea~~'_BpJ:_("qwer,;,f~
<br />all obligations under this Deed of Trust and the Note.
<br />If lender exercises such ~ption to accelerate. Lender shall mail Borrower notice of accelefation" it) a~cQ(
<br />paragraph 14 hereof. Such notice shall provale a period of not less than 30 d~)ls from the..date,-tbc--'QOtke.'is: ~
<br />which Borrower may pay the sums declared due. If Borrower falls to pay such -sums pdQ! to the expi...tion of iU9b_
<br />lender may, without furtner notice or demand on Borrower, im'oke any remedies permined by par:a.raph_ r8_-,be~~_
<br />NON-UNIFORM COVENA.NTS, Borrower aod lender further covenant and agree as lqllows:
<br />18, Acc.leralioo; R.medies.. lix<<pC.. provided io parae..." 17 hereol, 1I.........................lIof.':eov.....:!W"
<br />.._ment of Borro....r io Ih.. l)ecd of T....... incluclill& Ih. co.enao" 10 pay .......due._' _......,......... . ... ..'
<br />of TI'UJt. Lender prior 10 II<celeralion _I noail nolke 10 II4lrrowe. .. provided .. .-:........ 14.:~Jtpl";')'li!Iht~) ,-
<br />......h; (2) lhe II<lloa '"'luiRd 10 cure _h bull<h; (3) ad.... ....1 '- t.... Je da)'o """'_'........... ~,...
<br />Borrower. by whkh such breach m.... bo cured; and (4) lbal fail_ to cure .",,11 ~.-l!t,W!IN'""". . . ...
<br />in lhe ....liee.....y result in acc.leralion of l~ sums secured by this ~d of T......~...'ofl""~.,. .. .'.,.i,.
<br />shall lurther inform Borrow.. of the riaht to reiOlI". af... accel.ratloa a. nd I.... rilll.l. ...,1.. ........ . .a. ..(811.... .~. ,......., .... ........ ...........................'....'
<br />lhe non-..lsle.... 01 . del.uh or .nJ OIh.r def._ of Borrow.. 10 1I<<<1e..._ a......... I(floe......,.....,..-
<br />on or bolore t'" date spe<:i1ied in t.... nolk.. Lender at Le.....r.. oplioll may dec"," aD of floe _. _~..IlyA..,.~
<br />of Tru>t to bo immediat.ly due and paya.... wilhoul Inrther demand and.....y in.oke lhepower of .....I!I!)'..~~
<br />permlned by applicable law. Lender shall he .ntitled 10 collect all re_nable c..... ........... Ipcllna4 .................
<br />nmcdia pl"O,,'Wed in this JNUlICraph ..., ilK'ludlnc, but not Iilnited to, reao..... '........y--:. feel.-. '
<br />If !he PO"'" of sale is in..oked. T....... shall record a noliee 01 defaull in each cOUllly in wlIk.. I..........rty. 00: ....
<br />pan thereof is Iocal.d and .hall mail copies 01 such nolice in lhe man...r p._ribod by lQIIIIic...... IaW.Io,......Wcf....!l4..,_
<br />OIher pe....... pruc:ribod by applicable la..', MI.r tho la.... 01 su.... lime as maJ be requlRtl by...........!aw,.T........!W
<br />live publi< notio:e of .... 10 lhe ...""ns ..... in lhe ""......" preJCribod by applkable law. .......... wllllolllt ~.1IIl
<br />Borrow.r. shall seU Ih. Property .t publi<: auclion 10 th. hitch"l bidd.r at the lime and place and limier floe.e... ~.
<br />in lhe notk. of.... In one or more parc." ..... ill .uch order as Tru>tee may deter...... Truotee IUY ~......ott!ll
<br />ur any pored of lhe Property by publk announc.....nt at the Iim. and p1ac. of any prevloudy .................. "'....,or
<br />Lender'. ........ maJ pure.... lhe Property al any JaIe.
<br />Upon f'K'''''" of ,.yuwni of the p..ift:c bi~ T-rv.MCt: :Jhiilil dcih-t'-f i... the- pui-diaiei TfliStee~i deed_ cOAVeJUaa tile ~rty
<br />.okI. The r..,iIab In the T........'. dud shaD be prima lacie ..ideoc. of the truth. of t'" ...~.........11leAIIo. T.....
<br />shall lIppIy tile procee<b 01 the JaIe in the 1001owi.. o.der: (a) 10 all re_bIe COSIs aod ....._ of I........ 1...............1
<br />not limiled 10. Trust.... fees of not more tban _. 1..0-. % of the crOJ> sale pric.. reunlUlble all_y'. f_.... .....01,
<br />tille evidence; (b) to all sums ..,cured by Ibis Deed 01 Trusl, and Ie) lhe ..c.... il any. '0 lhe person or ~ lea. e........
<br />tlletelo.
<br />19. Ilono*u', Ricbt to Reiostau. Notwl[hliotandmg Lt:nder's ,lcl,:tleratlon (Ij the sums secured by this ~d of Tru$t,
<br />Borrower lhaH have lhe right to have any pf't~(..-edjng't begun by Lender to enforce this. Deed of Trust dJscontinucd at
<br />any ~lme prior to the ear,l,u:r to cx,"ur ,of (I) the fih~ da,Y ber~ll'e the ...ale of the Pf\.lpen.y punuant to [be power of sale contained
<br />In lhn Deed of Trwr.f or (u) entry of 11 ]uJgrnem enh.m;mg thh Dee~ of !rust If; (a) Borrower pays Lender ~II sums_ which would
<br />be then due Hoder thl~ Oc.:d or Trust, the Note and notes '!i.eclIoog Future Advan~e~, If any. had no a.'-'celerahon occurred:
<br />f,h) Bor-ro","e-r (;ure:~ aU hre~{.hes of any other coycnilnls t~r agreements of Bonowcr \"omalned in thiS Deed of Trust:
<br />It) 8Qff'ower J)Il)'!J. aU rea~on.abk e\pcn5c;-, lIll:Uffc-J by t.\:OUCI' and Trus{ct: in enforcing (he ('ovcnanh and agrcemenh, of
<br />n()rrow~t (,:ontameu In thr~ Deed of lni~t ,iUh.f HI enfOfl::lH8 Lelldef'~ iJnd Tru,,-H':e\ {C'm-(:di-.:~ ;lS pro....ided III para~ra~'ih IS
<br />ncret."lf. tfIdudmg, but f\,--~t I"nlted lv, r~a1)onabk alwrnC) \ fee:;" and hi) 80uuwcr la~e'S su-ch ac'tu~n a~ Lt:fH..ter rnay f'e>l5('<n4bly
<br />re.qulf\: t() ill~urc that the hen nf Hus ~c(1 tif 1 ru..t, Lerldcr\ liHere,-t In fhe Propen) and BOrh)~t;f.:;' \)bligatton to P-ti}'
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