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<br />9. COIIde..nlltlon. 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 assisned
<br />and shaH be paid to under.
<br />In the ev.nt of a total taking of the Property, the proceeds shall be applied to the sums secured by this Deed of Trust,
<br />with the exc..., if any. paid to Borrower, In the evimt or a partial taking or the Property, unless Borrower and Lend.r
<br />otherwise agree in writing, there shall be applied to tbe sums secured by tbis Deed of Trust such proportion of thepr~'
<br />as is equal to that proportion which the amount or the sums secured by this Deed of Trust immediately prior to the'dale"of
<br />taking bears to, the fair market value of the Property immediately prior to the date of taking, with the balance of the- proeeeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to.make
<br />an award or settle a claim for damages. Borrower fails to respond to Lender within 30 days. after the date -suc~ noli<<i:<:is
<br />mailed. Lender is authorized to collect and apply the proceeds. at Lender's option. either to restoration or re:pair -of--the-
<br />Property or to the sums secured by tbis Deed of Trust,
<br />Unless lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not ,extend
<br />or postpone tbe due date of the monthly installments referred to in paragraphs I and 2 hereof or change the aD\Ount of
<br />such installments.
<br />10. IIonowltr Not Released. Extension of the time for payment or modification of amortizatiOn of- the sums- secured
<br />by this Deed of Trust granted by Lender to any successor in interest of Borrower shan not operate to release, in any manner.
<br />the liability of the original Borrower and Borrower's successors in interest. lender shall not be- required - to comrne~ce
<br />proceedings against such successor or refuse to e1(tend time for payment or otherwise modify amortization of the --sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's succe~ors in. inte,rest.
<br />1 t. F.............. by Lender Not . Waiver, Any forbearance by Lender in exercising any right or remedy hereund.r, or
<br />otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any sucb right or remedy:
<br />The procurement of insurance Dr tt--.e payment of taxes or other liens or charg~ by Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Deed of Trust.
<br />12. Remedies Cu..abtive. All remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded hy law or equity, and may be exercised concurrently, independently or
<br />successively.
<br />t 3, S""c_n.... A..... Bound; JoiDt and s...nl Liability; Capllons, The covenants and agreements herein
<br />contained shaH bind, and the rights hereunder shall inure to, the respeCTive successors and assigns of Lender and Borrower.
<br />subject to the provtsions of paragraph 17 hereof. AU covenants and agreements of Borrower shall 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 deone the provisions hereof.
<br />14. Notice. Except for any norice reqmred under applicable law to be given in another manner, (a) any notice to
<br />Borrower provided for in this Deed of 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. to Lender's address stated herein or -to
<br />such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this
<br />Deed of Trost shall be deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />IS. Unifol'Dl Deed of Trust; Governi.. Law; SeverabDity. This form of deed of trust combines uniform covenants for
<br />national use and non-uniform covenants with limited variations by jurisdicl'on 10 constitute a uniform security instrument
<br />covering real property. This Deed of Trust shaH he governed by the law of the jurisdiction in which the Property is located.
<br />In the event that any proviSion or clause of thiS Deed of Trust or the Note conflicts with applicable law. such connict shaU
<br />n<.')t affect other provisions of this Deed of Trust or the NOte which can be given effect without the conflicting provision.
<br />and to this end the provisions of the Deed of Trust and the Note are declared to be severable.
<br />16. Borrower's Copy. Borrower shall be furnished a conformed copy of the Not~ and of this Deed of Trust at the time
<br />of execution or after fCCQnlatiOD heteof.
<br />17, TnMfer of !he ........rty; A_mplioa, If all or any part of the Property or an interest therein is sold or transferred
<br />by Borrower without Lender's prior written consent. excluding (a) the creation of a lien or encumbrance subordinate to
<br />this Deed of Trust, (b) tbe creation ot a purchase money security interest for household appliances. (c) a transfer by dev.ise,
<br />descent or by operation of law upon the dealh of a Joint tenant or (d) the grant of any leasehold interest of three years or less
<br />not containing an option to purchase. Lender may, at i__cnder's option. declare all the sums secured by this Deed of Trust to be
<br />immediately due and payable. Lender shalt have waived such option to accelerate if. prior to the sale or transfer. Lender
<br />and tbe person to whom the Property is to be sold or transferred reach agreement in writing that the credit of such person
<br />is satisfactory (0 l.ender ~nd tbai the interest payable on the sums ~ccured by this Deed of Trust shaH be at such rate as
<br />Lender shan request. If Lender has waived the option to accelerate provided in this paragraph 17, and jf llQlTQwer's successor
<br />in iutcf"cst has executed a written 3S!iumplion agreement accepted in writing by Lender, Lender sbaH release Borrower from
<br />all obligations under this Deed of T""'t and the Note,
<br />If Lender exercises such option to accelerate, lender shall mail Borrower notice of acceleration in accordance with
<br />paragraph 14 hereoL SUch notice shall prQvide a period of not les-~ than 30 days from the dale the notice is mailed within
<br />which Borrower may pa)' the sums declared due. If Borrower fails to pal' such sums prior (0 the expiration of such period.
<br />Lender may, without funher notice or demand on Borrower. invoke an~t remedies permitted by paragraph 18 hereof.
<br />NON~UNIF\JRlot CO'VENANT~. Borrower and Lender further CQvenant and agree as follows:
<br />18+ Ac('t'IenIio.; Rf'naedib.. bee-pi as p..ovide1l in p.anllraph 17 hueof, upon Borrowe~s breach of any covenant or
<br />"lIRe_fll 01 Bonower in Ih.. Oeed 01 Trusl. indudina the <owen.nls 10 p.y when due allY su.... senred by Ihis Deed
<br />01 Trust, Lender prior 10 acceknlion .h.1I m.il nolk. 10 Bnrrower .s prowided in paraaraph 14 beRof speclfyl..., (11 the
<br />brU('h; (2) the adioo requin4 to ('ure sud. breiK'h; (3) a date1 not less Ihan 30 d8)'S front .the dale the nutke i.1ll- mailnl to
<br />Borro"'.er, by which ~u(h bftach must bt cured; and (4) Ih.1 failure- 10 ,'ure such breach on or before the date specified
<br />in the IWtke- Ina)' result in aK"celention of I~ suou. secured b}' this Heed of Trusl and sale of the Pro~.rt"". The notice
<br />shall (UI1Mr iaform Borrower of fM richl tu reinstate .fk'r accelera'idu and the right to bring Ii cOl&n adion to assert
<br />..he noD-e.Ist~lKe of a default or an) other defenS(' of borrower to acceleration and sale. If the breach is not cured
<br />00 or brIo<< t. dat<< speci6ed in tlM: notice. lAnder at l.conder's oplion m..,. de-dare all of the sums secured b)' Ihis Deed
<br />of Trusl to be im~tely dIM' and pa)'able \\'ithoul furtber demand and roa)' iR\'oke the power of sale- and uy other remedies
<br />penuitted by ",""able law, Leader shall be eatilled to coll.<:I all .......nabl. cosl. and ..p.nses incurred In pursuing the
<br />retHdies. IN'odded in this paraaraph lit includine" but not limited to~ reasonable attorney's fees.
<br />If the pI)~ier of sale is iA'.oked, 'rrustu shall record a notice of default in each ,,'ounay in which the Proper')' or some
<br />p=1 t~ is !ee.!!te~ end ~"'.:!! mail t'~ of su~h !Hl!k~ !!! ~bt" m~fmet pft!S{.'ri~d by !!ppUeable 4aw tt) Bofro~'e!' and to th~
<br />oilier pe....... prescribo<l b~ lI(lIIIkable I.w, Aft.. Ih. lapse of such time as may be required by app1icabl. I.,.. Trustee shall
<br />live ,.b&k IIQtke of sale to tilt persons. and in the manner prtsuibe-d. b)' applicable law. Truslee, wUhoul demand on
<br />a.nower1.sIaaU seU the Propert)' at publk: aw:ltoJl to .be: hichesl bidder at the. lime and place and under the h.rtUS designated
<br />i. tile: DOIkt' of sale iD ODe or more pal"cels and in such order as Trustee mal determine. Troiaee: may postpone salt of aU
<br />01' MY ".m or .Iae Property by publk aQnoun('~naenl at tbe time- and pl~e of any previously scheduled sale. Lender or
<br />Le...,'. deIIpft 10" pure.... tlot: Property .t .ny sale.
<br />Upea nuipt uC pa)--11wnt of the ~ bid, Trustee shall deliver to the purcba."it:f lrustt.o.e's deed (,-..m"eying tlte Pro~rt~;
<br />sold. 'tho .-..;11als ia lbe T........'. deed .haII be prima facie ..id."". of tbe truth of the .Iat.ments mude lherein, Tru'l..
<br />sludI apjiIy tlle pr....-...Is uf tbe sale in lbe loIh>wina ur.r: tal 10 all r.........hle ""s'" and .-pea... uf the sale. includiag. but
<br />R9'l1Wtd to.. Trustee's (tell, of not mqre tbau I.'J. ~)f 1% of the gross sale prk:~, yt'it:!iOllabl('- aUorJh:-Y'~ fees and cost..') of titk c,.idellcc;
<br />(hI t...a__un'll b.v tlU.\ Oted urTrust; and (c) the .x...., if any. 10 the per>on ur persoll.I.llally .ntitled thereto,
<br />19", ""-"O"er~. JUaht to ReiOllitate. NotwHhllanding Lcnde:r's acccler:tll(lfl ,,-,I the !:oum.. ..c.:urcd by thl~ Dct:d of 1m...L
<br />Borrower shalt have the l'ight to have any proc-et~dings begun hy I.ender 10 cnfon:c lhis Deco of Trw,{ ,hsc\..'ltHtnned at
<br />an:y time- ptiOf to the- udicr to occur of (1) the fifth day before the "!-ale of' the Property pur~uallt to the power (l( sale \'onlamed
<br />in this- Deed of Ttu$t or (it) entry of -D. judgment cnfon;il1g thiS Deed (.f Tru-!ol if: Uti Borrower p;:i.Y'\ l_cnocr all smn" w}m:h WQuld
<br />~ theD 4uc under thi~ Deed or Trust. the: NQte ;Hld notes secunng Future Ad\{an{,.~s, If any. ha.d 11(1 .\;.:o.:t'ientlIOtl llCt,;urt~d;
<br />(h) Ilorro.-,.er (;-u~:$. aU bfeach~ of an)' orher co\'enant!!. Of agreement!:. of Borro1ol.cI c\~nt3Incd In thh f~d iA "Tn.!\!.
<br />(i;-' 8QrrQ""'ef pays aU rea'~,onable U.pcOiC-S m\;:u~red by Lcnucr and "I rus-Ice, in enforcmg the i;t)Vt,'Hanh. and agrCCll1CHh I)!
<br />Qufro\\'~t ~ool4in1::d in thu Deed (')f Trus-t and m c-n.fon:tott l.ender.!. .md 'f rm.IIJ-C\, rcml'i,ht'_~ a_.. phlVldt~d In para.gl<tph J ~
<br />~rel'~~l. tnth.u:linI:. u\Jt fU..)t h"\lled w~ r-ea:,ona.ble auorm:y'\i. fees; and hh (klHl)\lrr'CI lakcli "i-llCn uctwn a,~ Lender may l\~ilMmitbh
<br />~ulre 10 tiSU,ft' thAt ttw hen of dtis Ck.ed of Trust' ,cnder'lO i!ltere~t In 1"l1'. P'lopcrt)' .'ifl-J Born':t\\t:r., llbhS:Ulltlll II' pen
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