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<br />002523
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<br />9. Condf'mn2lfion. The proceeds of any 3ward 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 shaH br: paid CO Lender.
<br />In the event of a total taking of the Propeny. the proceeds shall he applied to the sums secured by this Deed of Trust,
<br />with the excess. if any. paid to Borrower. In the event of J partial talong 01 The Property. unless Borrower and Lender
<br />otherwise agree in writing, there shaH he ~pp!ied 10 the sums secured oy this Deed of Trust 'iuch proportion of the proceeds
<br />as- is equal to that proportion which the amount of the mrns secured by Ihis Deed of Trust immediately prior to the date of
<br />taking bears 10 tbe fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />pa;d to Borrower.
<br />If the Property i~ abandoned by Borrower, or if. after notice by Lender to Borrower that the condemnor offers to make
<br />an a:ward or ~ttle a claim for damalles. Borrower fails to respond to Lender within 30 days after the date such nOllce-is
<br />mailed. Lender is authorized to (ollect and apply the proceeds. at Lender's option, either to restoration or repair of the
<br />ProperlY or w the sums secured by this Deed of Trust.
<br />Unless J ender and Borrower otherwise agree in writing:, any such application of proceeds to principal shan not extend
<br />Of IX'Stpone the due date of the monthly installments referred 10 in paragraphs I and 2 hereof or change the amount of
<br />mch installments
<br />to. Borrower Not Rrleased. Exten~ion of the time for payment or modification of amortization of the sums secured
<br />hy fh_is Deed of Trust g~anted by lender [0 any ~tlcc("s-sor in interes.t of Borrower .~hal1 not operate to relea.se, in any manner,
<br />the lIahiltty of [he origlOal Borrower and Borrow-er's_ successors 10 IOterest. Lender shaH not be re-qUlred to commence
<br />proceedings against such successor or refu~e t(l extend time for payment or otherwise modify amortization of. t~e- sums
<br />~ecured by this Deed of Tru~t by rcason of any demand made by Ihe ongmai ~orrower and Borrower's successors 10 mterest,
<br />tl. Forbearance by Lender ~ot iii \\'aiver. Any forbearance by Lender In exercising any right or remedy hereunder, or
<br />otherwi~ afforded by applicable law_ ,hall n(ll he a waiver of or preclude the exercise of any such right or -remedy:
<br />rhe procuTement of insurance or the payment of ta~es or ()ther liens. or charges by Lender shall not be a waiver of lender's
<br />fight to accelerate the mawritv (~f the lndehtednes'!i <iecured h-~' thl~ Oce-d fit Trusf
<br />It. RellH'difl ('umul.ti~f'. All n:medles provuted m it'll'S Deed of TnJSI are distinct and cumulath/e to any other right
<br />or remedy under this Deed of T,-ust or afforded by law \)f equity, ;ind may be exercised concurrently. independently or
<br />successIvely.
<br />13. Su('cesson and ADieu Bound; Joint and Several Uability; Captions. The covenants and agreements herein
<br />contained shall hind. and the nghts hereunder ,hall inure to_ the respective successors and as''iigns of Lender and Borrower,
<br />sub;ecl to the provisu:ms of ~ragraph 1-' her-eol All cove-nanrs. ;md agreements of Borrower s.haH be joint and severat.
<br />fhc captions and headmgs oi the paragraphs 01 lhls [Xed of Trust .are for ~olwenience only and- are net to be used to
<br />Interpret or defi.ne the p-rOV!SIOOS hereof
<br />14. Sotkr. Except f~r any notice n:qwred under ~ippl!{able 1.1W to he gIven m another .manner. (a) any notice to
<br />B<Jrrower prOVided for in rhls Deed of Trust shall be given by mallmg such notice by certified mati addressed to Borrower at
<br />the Property Address or a: such other ;i.ddress a:\ Bortt:)wer may deSignate by notice to Lender as provided herein, and
<br />! b) allY nonce to Lender shaH he given hy certified ml'uL return rccelpr requested, to Lender's address stated herein or to
<br />,>-uch other address as Lender may desIgnatc by nD-lKC W BOTFll-wer a~ prO\-'lded herein. Any notice provided for in this
<br />Deed of Trust shaH be deemed 10 ha\'~ i':Iecn grven to Borrower (lr Lender when given in the manner designated herein.
<br />15. Vniform DeflI of Tr~ GoYt'rnilll taw. M\'~f1Ibility. Iht\ fNm of deed of !rust c-Ombines umform covenants for
<br />ll;.tuonai U\e and non-unIform 1..'{)Venanti With !mHted vanatlOn:s ft~ Jun~(hc!lon to constitute a uniform sl-"Curity instrument
<br />,--ovenng real propc-n)' 11m Deed 01 rrwa \hal! ~ governed l:'l\ the i;lW 01 the lUnsi:hctJon 10 which the Property is located,
<br />In the event that J,ny provl'\tOn or ,-'lau~e \,){ !hl~ DceJ ~11 'I rust or {he 1'(ot-c \.'ont1Jcts wIth applicable law. such conflict shall
<br />fwt affect o-thcr pn.WISW-m: ~d lhl\ [)eeJ of Tru.~t or the Note. ",..hKh can he given cITe--ct Without the confiicting provision.
<br />:tnd to thl.\ ~nd the prO\'lSlons t11 lhc Ottd (1l r fU.\t and [he :'-iolc arc declared 10 be s.evenble.
<br />16. Bor-rowu.1ji Cop,.. Borrower ~h-aH k hHn;~hcd J; umturmcd l,.,.lpy ul the Note and of this Deed of Trust at the time
<br />of execution or after recordation hereof
<br />11. T.....ef' c,f 1M 'ropeny; A......pdon~ If all tIt' H:n> part of the Propeny or an interest therem is sold or trans.ferred
<br />hy Borrower witbout Lender\ pnor WflUen r.:\:'n~eflt. ndudm$ {;) ,I !he crc-lHlon of a lien or eut::umbrance subordinate to
<br />lhl~ Deeti of Trwc i b, the n~ahon ;,)1 a ptU'cha\C !ntmc,. \e..:unly InterO! for h-ou~c-hold apphanet:S. {c) a transfer hy devis_e,
<br />J~enl (H to) operat~on d law uJXln Ihe dc-Ol!n 01 ;.l ,<.':nt tenant Of l J, the grant of :1rly le.a,seh-oJd interest ,"'If fhree years or less
<br />flOC contammg a.n option to pur.cha~, J enacr ma~. <It i CI1-der'~ Opll\W. ded.uc all t~ sums s~cureu by this Deed of Trust to be
<br />lll1medul.tdy due: .UN. pa~abte, Leod({ shaU h.:tve ~a<Yl:d s.ul.:h ~)pHOn hl ac.:dcrate Ii, prior to the sale or transfcr. Lender
<br />..md the pe-fs-on 10 whom the Pfi,peny 1:\ h) t)e \,ulJ ~H p-aUtlfeI red l'ea.dl agrecllteO! III wriling that th(: credit of such person
<br />I:">. sau.:staCtOn 10 Lendet ami thai the Ifi{cre-""t p;.iy..bfc on the \Ufih ;..eLuted h~- Ihl~ DeetJ of Trust 5haU be at such rat-e a~
<br />Lender ~haH reQunL If Lender has \\-ai\.-<:d the opium [u a~\:def.H< !.rovlde-d In th!:'. paragfaph 17. and if lk'lTrower's successor
<br />In lOlero! has Cl\~uted .l. wntten ~UmplltJn agH,'.-emcnl ....C~pleJ lB 'NOflng t->y LerHler, Lender !.halJ release Horrower from
<br />311 obhgaH(lO~ under !h!s, r.">cetJ 1..'t fru';,t iHhl tht: Note
<br />1f Lender e_~erL:t~ :\Ui,:Jl option 10 ;t>.;\:dCf.'ift'_ t ('ndel "h....U (1)i!il BOH\Hl,'Cr ntlti~e of aCt.:elcration Hl accordance with
<br />parattn-ph i 4 hereot Such nottC~ ,hall p1\JHJ-t; ,I peri..,J of lhJI ln~ chuH JO dayl-. !rom the date the notice !s mailed within
<br />-..'hl<:,h BOrH..lWCt Ola) pa) lhe !,.UtU:i< Jcd,w:d Jue It H(lffO....Cf f.lil:-. 10 p~y ~U\..h ~um~ pflor 10 the expiration of such period.
<br />Lender rna). \\;lthQut fUl'lhcl fh)ll";C l1f demand ,)11 U{)fhhH.'f, 'ilh~"'e d.fl! rcmcJlcs permitted by paragraph 18 hereoL
<br />~l.}r',;.l>"lh}i{",\ (. O\-tN...!<.oI,,> Ht1rro'Vocr ,HI'; It'nd(;J !Uflh~f ,-,'\-<:,I1<IIH dnJ agree a~ toHows:
<br />t 8. An'C'kTation; RC'llu:-din. Eu~-pt as pt'o\'kkd in paf'aa:raph 17 he:r-eof. upon 8onower's breach of an,)' coveaard or
<br />a&reem~n-l of 8unu"er in rho. Om of 'I fU.'\L. indudi.ng fh~ ~-(l\"en.nb. to pa.l' ~ben due au)' sumf secured by this Deed
<br />of Trust. l..~nder prior to <b:(c&tr~fwn sbaU lllaU notice to BOnO\H'r as. pHnide-d in parae,rapb 14 h~reof sfWcifyinc.: (1) tht
<br />bna.:b; (2) tbe a4.:tion f'equir1:'d. 10 ,,'un: ~\K'h brea(h: (]) >> date. not It>> than 30 days rrom the dak the notiCl' is mailed to
<br />Borro"u, b) _bich ~\Kh brt:~h mu..... be> l wed; and (4) tha. faHure to (ur~ web bU-'Kh on or before the date 5pt'dfied
<br />in .tM- noli<< ma) re~uh In a~{"(-leration O-f the '!oUfrnt, ~curcd b} thb Oeed of TrtL'i,t and ale of the Property. The notk~
<br />..hall further infu.rm Bono,,','r of tht right tu reim.hUe after aJ.."("(~leration and the right to bring a cour1 action to usert
<br />the nuu"exlstt'1lU' of a ddautt or all\' othu dden~ of Borro\"ot!.t io 1t(celendion and sale. If tht' breach i.'j, not cured
<br />0'" or befon the dale: spedfi~ in tbt< oolj,:e. l.t'nde-r at lAnder \, ;)pUOII mal rlt."dare aU of tiNt &ums secured by this. Deed
<br />of Trust to be immediatel) due and pa)"able "jtbout further demand and mA) in"ok.e Ihl" power of sale and au) other remedies
<br />pe:nniUt'G b) applkabko la_. Llt"nder shalt be enthled 10 (.tilled aU fCWl.onable costs and e~pt'n.'le~ incurred in pursuing the
<br />r~me1iits pro\'idflt in th~ ~l1I&napb 18. in,;judi~. but not limited to, reasonable nltoroe:)'s fees.
<br />If tk po'ft-er uf s.alt ~ in\okrd, Trusi<< "h.n r~t:ord It nutice of dcfau.ll in ea<.:h l'ount)' in ~-bich the Propert, or !tome
<br />part thcT't1lf is kK-ated and )h&JJ maill.~opi~~ of ~uch ouHce in fM mannN pres-nibe-d b)' applicable la" to Borro~c.r and to the
<br />otbc-r penons pr6('ribed b}: appli,able la~, After Ihe lapse of ....ul.h time "-, mal be fe-qUired b" applicable 1a~', l'rlbtee shall
<br />lith.t- publit: nutice of We' 10 tIK- pt'r,on~ and in the ma.nm~r pfe~rilwd b) applicable ta~, hUSCec, witbout ~mand on
<br />Bono_tt, sbalJ ltoeU (he PropC'rt) aC publh: aUdiu" (0 the hr,;he,\t bidckr lilt the- iimc and place and under the lel'm~ designated
<br />in UM" notice af sale in ODe or more parc-cb and in ~u..;h urdu w\ Trm.te:e ma) rl~lermine, Trl1.\iee may postpone sale of aU
<br />or au.j par("el uf the Propcrt) by public lIunounnmf:nl Hi lh~ time and pia!.:\: of lIG} prC'\'iousl} _'t{~heduled sale. Le-oder Of
<br />Lc.nde-....$. deiicn<< IQaJ purchaK- tbe Propert) at an) w(',
<br />Upv,n recdpl of pa}nwot of Ibe price bid~ TrU!itec :\ohall delher 10 thtt purc;h1bCr Trustee's dt'ed COIH'C)'lng the Pruptr1j'
<br />_wid. "J'he .rrdtals in t~ Tna.lO-tee'.. d<<d !i.hall IH! prima fadt' c,-idenn' of lh.e truth or Ihe: &tatenu:nts m3dc thert:'in~ Trustee
<br />maH appJ,) thot proc-etds of (bE: '\.31", in fhl: foUuwing uuler: ta) to aU reasonable ("OSb and f'xpem~ of (he ~Ic, indudiuc. hUl
<br />DOt linu"ted In, Trust~'s fees of nut InOf't than _ 1.. 0 ''1f o.f (be t:coss sale price~ tt'awnable alion".=-)'~ fC'e-li and ('ost~ of
<br />title i'vidiii(t:~ (b,lv.an ;.ujii:~ iOffu.if",d 0; tMa l}Q;d of Tnoi-; ai.Hi \;;:) iht:- e'....~"'~ if im), iu tiit ~h-UU vi liCnwtl'\ lqcaH) t..nild~d
<br />'_mo.
<br />19. hrrower'~ Jliah! tu Re:lnshlt't. .....t)t~ i!btandlilg I t.:"dt:r., ,1l..\.tkr"tI\1l1 ,'! 1)-1\: ~dm'\ :.I..'\..UH:J l'~- lfl:' !)e.:-u pi I flhl.
<br />8ono"o\'er ..haJl hasc the oght lu h.a.'n: '.lfl}' pllKt"C,llilg.. hl:g:un h~ Il;"llder 1>.) cnf,'l;,.'c !hi_'). rk~~d ,\1 Trw.\ ,i1~<'l'[l!;1l1H..d .:It
<br />~ny Hm(:' pnor .to the t'iuht:<r l-o (X-:Ulr pI' il) the fifth J..1-~ r.~'hlr\.: ,he 't,ilt: ~'f the PT\.lpt:rt\ PUf'Hl.,l.llt tl' lh(" l','w...'r \1/ \<111.: ':'~I\:.[HKJ
<br />HI thi'.\ De..'u vf Tru....t ,'f Ill) cnlly {.f l.I lud#ntcIH <;llfo;'dH~ rhl\ Ot.~CtJ [,f -r IW.t If (ill ROl'r\~"'.-f:' f'<l\" j t'(\,kl 0.d1 ",nl>. ',;, !-ill.-_ h \h..,dd
<br />tl( then J~ Httd~t thh Deed or "Trl.l~t, !he '-i~\1e JfH.I n..)ft"~ ,,~...nf!ng FUh:ft' '\dv,If't,-!.',, d .lI'\\, n.h! ('.' .'~,t'kr.l!l,'n
<br />fb) llorrr.J'Ac-r .;:ure1!o an b{l.',K'h,-'~ ,Jf .(1) p!hc. lPyt::nMlh "I J.grCt'mt:f1f" ,Ii H-iHr,j\H'r ,_,,,Jll.....ttlcd ,p lh" fkt:i.l ,'i'
<br />to ij.(>fhhvCr ray.. aU re.r"(m;~hh' I,'\~n':'(", Tfl~.',jnr,l t.) I erH.h:.f and Tpt~;t:.; ;'1 '::-'11{'!-~ln.; ;h~ "'\,'!-,,wl:- ,;.od .,glt.'I.'n.ll'-pl'
<br />_Rnn"o'.\-~f (OOfOliot'i1 H1 Hu'\ r:x.~d l'[ TUJ\I ;HHI 'n ~'!d\~I\.-Hlg tt'nJer"" .wo TIU\l:'\', J..:rl;e.JI('\ j"".'\hkJ H1 1~."li~\gi,lph !\
<br />fl.;:"re.')( 1fW."kf1liqg, bul "'t'~ l!pll~eJ ".1. re.-t\,,-~'u,bk .tth:>U'tf';-'" IC'(''o, tin...! ;d_5 U.Hr._'.....t'! L~~.c-, ",;..n a~,f!,'q ,I\! ~>ndq [1\..\ '( _",,!C,!!,!,
<br />{t'"Qt,'H)l~ In M'i,l1ft" fh~{ tht.: hen \\f ,hHi, l1eed pf fnhl, 1 (.i\!Jer.. mf.;Tr"'-l \?ct' PIVr~'\~\ ,."I! H"rt"",-.~ \ _,hh}~,l("'!' I.]
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