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<br />84.__1 002619
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<br />9. ("onftmnalion. "I Ill' PftlU'l'\;'" ,\1 :111) ,m.trd ,II ,..la.01 1"1 d,unag\..',>, tllrcu (If ,.:ul1sctjllcnlial. in CIIIlIlCI.:li(lfl ....ith :ill~
<br />~ondemn:ltion or other taking of the Property. or parllhercof. nr hn ';(If\Vcy.Hli.:C in lieu of condemnation, :.ire hcrchy assigned
<br />and .h.1I be p'.id 10 Lender.
<br />fn thr even' of <! !otnl tl~;!!~g t}( Ih:.: Prnperty, lh.: p:-~H:C.:J" ~~ha!! he ;ipphi.:J to lhc sum.. ;;ccureJ hy lhi~ Deed of Tru:ti,
<br />with the excess, if any. paid to Borrower. In !he event of ;1 p:lrli,,1 laking (II the Properly. unless Borrower and I.ender
<br />otherwise a'fee in writing, there ~hall he ;..pplicJ to lhe sums _",c{.'urcJ hy lhis f),'cd of Trust such proportion of the proceeds
<br />as is equal 10 that proportion which Ih~ amount of l~(' '\tIl11~ sc~urcJ by lhi~ Deed of Trust irnmedi:uely prior to the date 01
<br />lakin. bears to the fair markel value oj the ProperlY Ilnmcdi<ltcly pnor to the I.bte of laking, with the balance of the proceeds
<br />puid 10 Borro...er. .
<br />If the Propeny is ahandoncd by 8orrower, or it', afler notice by I.cmkr to Borrower that the condemnor offers 10 mak'e
<br />an award Oi settle a claim for damage:--, HOfrowcr faib to respond f(l Lender within 30 days aiter the date such notice is
<br />mailed, lender is authorized to L'olle-.:r and apply the proce-~ds, .Ii LCfider's option, eilher to restoration or repalr of the
<br />Property or to the sums secured hy this Deed of Trusl.
<br />Unless Lender and Ror,rower otherwi~c agree III wrIting. <illY ~uch applll::alion of pl'Ocecds 10 principal shall not- extend
<br />or poIlpone the due date of the monlhly IIlsl,llImcnlS referrcd \(l III paragraphs I .lI1d 2 hereof or change the- amounf of
<br />such inslallments,
<br />I'. IIerrow.r No. Rt'leased. EXIClhi(lf'l 01 the tiOll.' tor payment nr nHlliifkation of amortization of the sums secured
<br />hy this Deed of Trust granled by 1 cnller 10 any "'UCl.'CSS(lr III interc.!I.1 nl Borrower sh.lll nol ope-rate 10 release, in any manner;
<br />the liability of the original Borrow(.'r and Borrnwcr'.. ..uc(,:....~sor<; 1[1 Interes!. Lender shall not be required to- commence
<br />proceedings .lgainsl such succcssor llr rclu...c tll C.\ICluJ timt.: hll paymenl or otherwise modify amortization of the' surils
<br />secured by this Deed of Tru~1 hy rCilson of am' def'll<lnd made hy the original BOfrowe:r.<lOd Bor~ower's succcs~ors in -interest.
<br />II. Forbrantnc-~ by tender Nu. a Wai"t'r. Any f\lrbearam.:1.: hy I cnder III e\CrClsll1g any nght or remedy here-under, ur
<br />otherwise afforded by applicahle law, shall not he ;J waiver of lir preclud(' the- c.l(crcisc ot any such righf or remedy,
<br />The procurement of insurance or the paymenl of ta:-;c~ nr ~)fhcr lien.. or charges l:ly Lender shaH nor be a waiver-of l..ende:r:s
<br />rilh. to accelerate the m3turuy ot rhe Indcblcdncss ~c....urcd hy this Deed of Trusl
<br />12. Relllt"d~s .CIIRluI.tin. All remedies provided m Ihis Deed nf Trust arc uIslmcl and cumulative to ,IOY other ri~ht
<br />or remedy under thiS Deed of Trust or afforded hy 1;IW (If ClJUlty. and may he exercised concurrently, independently or
<br />5iM.~veJy.
<br />13. SIII('<'e:SSOn and Assicns Bound; Joint and Severa' Uabilitj'; CapUOIt.fi. The covenants and agreements herein
<br />conlained shall bind, and the rights hereunder ,hall mure ro, lhc respective sUcce~sors and ~Issigns of I.emler and Borrower.
<br />subject to the provisions of p.nagraph J 7 hcrenl All Cllvclumfs <lnd ~lgrcclllcnts of Borrower shaii he joint and several-.
<br />Tbe caplions and headings of the paragraphs of Ihls Di.~ed of Tru...r arc for ~onvC'uicn~:e only :lOd arc not (0 be lIsed 'to
<br />interpret or define rhe provisions hereof
<br />14. Notke. Exccpt for any 110IH.:e re4Ulfl:d under ,lppli~~lhlc I,I\\' tn hI: given H1 another manner, (a) any notice 10
<br />Borrower provided for in this Deed 01 Trust shall he given hy lllailing slH:h lllllit;c hy (.'crtificd mail addressed to Borrower ar
<br />the Properly Address or at such olher :IJdrcs~ OIS UlIITII\\'Cr ma) dC:\lgn;t1c hy Iwlicc ((l l.ender a~ provided herein. and
<br />lb) any notice to Lender shall he given hy ccrtlfied mall. return rcccqH n.'411c~tcd. 10 Lender's address slated herein or to
<br />such other address as Lender may deslgnalc hy 1l01lt:e 10 liorrowl.'r .1\ flfOVllicLl herem .~n}' notice provided for in this
<br />Deed of Trust shalt be deemed In have neen given 10 Borrll\\l:r Ill' Il'mkr ....hen given ill Ihe manner designaled herein.
<br />15. Uniform DHd of Trus.; Govl'..nin2 taw; St.\t'rdbilitl, I tll... (lIflll tlf Jl.'C...llll rfll'\{ i.;ombmes uniform covenants for
<br />nalional use and non-uniiurm covenanl!:. wllh hllllled \ analloll... h\ jUI'l',UIl.:IlUIl III conslitutc a uniform security instrument
<br />coveriol real property, This Deed 01 TrusI ..h;d! he ~(lh'IIlCU h\ lilt' !.\w pr the ItlfI~Jldioll ill which Ihe Properly is Inealed,
<br />In the eventlhat any prOVISion llr dausc of Itw, I ked 1I1 I ru~t lH Ih!: j\wh.' <..onllil.'l.'l wlrh appticahle law, such conflict shall
<br />nol aflect other provisions (If lhls Deed III' TIll...t tlr the Note wha::h \"-,111 hl, given dIcet without the connieljog provision,
<br />and '0 this end the provisions ot Ihe Decd Dl I lust aud the Note .Ire Jcdan.:o to he sevemhle,
<br />.6.. IIonower's COP).. Borrower stuliI be furnished a cllnfnflll..:d I..'op}' (II lhl' Note and of this Deed of Trust al the time
<br />of execulion or ..fter recordation hereof
<br />17. T.-fer of.he Property; Assump.ion. If <Ill \If an)' part of the Prnpcn \ or an inlerest lherein is sold or transferred
<br />by Borrower without Lender's prior wnllCll i:tHhCIH, ndudillg 1 II J {he cfl:alltlll of :l lien or encumbrance subordinate to
<br />Ihis Deed of Trust, (b) the creation (II a purch<J~~ Il\lllll:\ ~CCtlrll~ Jlltere~t tor flllU.'lchold ;'Ippham.--es, {CJ a transfer by devise-.
<br />delcent or by operation of Jaw Up.Jll the d~ath ot .1 j~linl lendO! or f II L '" . ~. Iff' 1 t ~ ALr l n r _ f 1 D
<br />f1 . , ... f' i 1l f L I.ender 1ll.1\-, ,I t I cnoer\' UpllOll, Jcdarc all the sums secured by this Deed of TrU$I-to- be
<br />immediately due and pay.lble. Lender ~hall have ~";Il\i.'d MH:h nplhlll hI .h:cder;ltc if, prior 10 lhe sale or transfer, I..ender
<br />and lhe person to whom the Property 1.'1 ILl be ~\lhl ,\r I r;lIl~J'cn(.'d H';u:h agreement in writing Ihat the cn;dir of such person
<br />is satisfactory to Lender .Ind Ih,tt the II1h:n::...l p.l)'ahk \111 the "Hill" "L'lllfCd hv (hi" Deed of Trust shall he ;:11 such rale i.t~
<br />Lendcrshall r~uesl, H Lender hob walvt..o the ~Ipllllll h~ .1I,,'I.'c!t:r.ltL' pro\IUCU l/1 thiS paragraph 17, and if Borrower's slIccessor
<br />in inleRSI has executed a wnll('ll as.sumpflon agret:lH~nl .1..'CCplcJ 111 \\ lltlllg h~' Lcnder, l.ender shall release Borrower from
<br />all obIiptions under Ihis Deco 01 Trust anu the Note
<br />If Lender cxerdses such opllon In .H.:":I..'kr.llc, I cuder "h.dl llIad BOl rU\o\-ci n,ttit;c of aCl.:c!eralion III a~l.:ordance wilh
<br />......r.pb 14 hereof, Such nolicc ~h.tll pHwu.k a J1Crhld 01 ll\l~ In.. Ih~ln HJ d<lYs frtlm the U.IIC the '~o(i~c is mailed wilhin
<br />which BoHowe~ may pay the Su,~lS dCl.:liuco UUl'_ It B,llliml.'/ Lilt... It, p.l~ '\lh;h '~Ul1h pnor to Ihe c.\plrilllull of such period,
<br />LeDder may. wuhout funhcf nollC..~ nr demalld UIl HOH,'"-":!', 11l\P~l: ;1Il\ n.:nlt;Jlc!o pcrmillctI hy paragmph IS hereof.
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<br />NON.UNIt-ORM COVENANI~. HOl'rl.lWCf ~lIlllll.'nJcI lllnhcf l'I..'VCll.Jnt <llld .Igree a~ follows:
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<br />II. I\ccele....io.; Renledits. .:I.C~pl a... pruvided in panlKu.ph 17 hen:.u', UJlGI. ....ower's brcat:h of an)' co\'e.... or
<br />.......1 of .,rower in Ihis He..'" uf l'rusl, illdudint!. Ih" ['UH.'IUUlls 10 pay ,,'hen due an)- SUUlS .cured by this ~
<br />01 T.... l.ellder prior 10 .......eleraliou !Ioh..U I..Milllulkc tn lIuumH'r '" pnnided in PIll8lr..", 14 hereof ,,~dfyu.: (I) I....
<br />.......-.; (2) tile .'1- required 'u f.'u..e slIf.'I. brcad,; (3) .a dale. not h':!OI!lo than 30 days bUill .he d.le Iht noUce is mailed to
<br />........r~ ., .1Ik:h ,.uch buach ."u..... ~ l'u..ed; and (4) that failure 10 ..:nrt: snt'h breKh on Of before Ihe date lpecified
<br />i. tllle IID&. may result in an'tler..ti..n o[ tht: SUUb ~l-urcd b} this f),'ed of 'hu"t and sale of the Pruped)'. TIle notke
<br />.... ''''her infOflD Borro","cr of tile righl to I'l'ins.al" af....r an'deralion alld Iht right to b..hla ,it; f.'oul1 action 10 assel1
<br />1M -.eU<Ke of a ddault or iln)' o.h~r (leofenM:- of Borru"-,'r tu 3,'cclenlli.on and sale-. If "Ie b.-each is nol ('ured
<br />~ 01' Wtan lhe dale specified in th,' noli..,.... I.cndn al I.l.'nd~r'!>> uplion 111.11) dedare all uf 11Ie- stUns set:ured by this Dted
<br />of TrIM Ib be in"Dc-dialel, d_ aud pala" "i.huul fur.h..'r d...numd aud ilia) intok... Ihe- PO"(.'" of sale Mnd an)' other relDedies
<br />,......ted b)' applicable law. tl'ndt'r shall 1M.' cnlill"d 10 I;olk't'l aU ri:asonable- "'J-.\Is and expr-n~s incurred in punlllina Ihe
<br />....... III'OYlded in this pa"aarapb 18. indudina:. bu. nul limited tu. rcasollablr aUornc,)"s ft'e~.
<br />If flat- power of ItaIe is iQ\-oked, 'hu.\let' !lo'''''' n'f.'urct a notil:c of dt.'fautl in each ('ountl in which 'h~ I'n~rl)' or some
<br />... dlereuf is a.xa't"d and !Ioh..t .IIMiI copies of !Iou,..h uo.in' in the IIUlUller prl'~l"fibed b) appli..:abJe la~' 10 Borruwer and to the
<br />......, pel'WM prescribed by appu....able la". Af't'r Ihl.' l.pM' of sm,:h time a~ maJ be f\'quired blllpplicable I.", Trustee shall
<br />&he .....c .ak-e of uk '0 the penon., and in 'he manllt'r pre~cribcd h} applicable lu\\, Truslce. wilhout demand on
<br />.......wer. ..... aU 'ht Property a' Pllbait: alldin.. to 'he bilth...~t biddl'f al thi' time and pla..:e and un"r .he lenlls desiana.ed
<br />..... _ice 0' Iak in one or more pan.'ds and in -'lrud. order Hlj, TnL..It.~e- ilia} dclennillC. T,.u...,tee Iftay po$itponc sale of all
<br />or My ...,-nJ of tile Property bl pubJil: aUl.OUIKemen' al the lime and plan- of an)' prniously sf.'beduled sale. tender or
<br />......... ...-.- -, pun:h_ Ih. Pro",rly .1 .ny sal.,
<br />V.... nftipt of ,.,..at of Ihe pril'e bid, Trustee shall drlher 10 'he pun:haser Truslee's deed c-onveyin& 'he Propert)"
<br />..... ..... ..dl. I. ... T......u.. dud ...... ... prilO. fll<ie .".;""".. of Ih. Irulh of Ih. sl.l.m.,," 10.... Ih.r.I., TnssIU
<br />oWlIffib.. ................ of Ih. .... In lhe foBo...... nrdtr: (.110 .11 r""...n..... cool. .nd ......... of the ..1.. Inclodi... bul
<br />.......... 1'_'i f_ of nol_.I..... 1/2 Of 1 % of Ih. Kr........ pri... ....0"..... .1I0mey'. f... .ad cosli of
<br />::::....~; (b) 10 aU.._ _0..... by Ihis Deed of Tn...; and ee) Ih. ...'-. If .ny. 10 Ih. penon or ",no.. ......y .nlll..d
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<br />... a.no.u'. _.hi to Reioslale. NOI\A-lthslunding 1."'Oller's ;n,:L'C!Cf ;t(JOO l)l Ihe Mun:-. ~t.'\.:urcd by Ihl.. Deed of Trusl.
<br />80nQWef shall have Ihe ri&ht to have i.lny proceeding"i hcgun hy Lender to CnfUfi..'C thi:-, Decd n( Trml dlSl;ontll1l1cd ill
<br />any time prior to the earlier to OCl:ur of (I) the fifth iJay bcf~lfl.~ the \ale t)( the Property p-urSuilnt to the p(lWl'r (It \>tle (.'onl<lmed
<br />in.his Deed of Tt\l$1 or (ii) entry or a judgment cnfordllg Ihl' Deed of Tnl':>t If (a) 8urwwcr P.W" I ,endcf ~dl ..lUn, whll.:h Wllldd
<br />be then due under this Deed of Trml, the Note anu note.. 'It'I.'llflni: Futllh.' _,'\..h.Hh..l."_ If .IIW, h.llI nn ,11.l.dc-r;llhlll \1<.'Ulrll;d
<br />(b) 8orn.)~ver cures all hrcachl;.'s llf' any nthcr CU\'CnJI11.. Ill' ,lgrCI.'nll.'tih \.11' nurrO\""~f n\nLll1ll.~d Hi Ihl' f)c~d ,1' Trl1..i
<br />(c) Borrower pay\ all rC8Mm\ible c\pen\cs lU-i,:mrnl 0\' I cml\.'f ,Illd TIll'\IL'l.' Itl cnl'nfl,.'lIl!-! Ihe dl\\'lunt.. and ,tgrl'\,mt:I\{\ I"
<br />Borrower ;;on1atncd in tht~ Ck-nllll TfU'~l ;JllJ III l'IlI"rt.HlK It'rlde!"" .l~ld Ttll..kl.... 11.'1ll\'dl\'" _I' pl",,,l\.:d III p,H<\gr,.lph 1'\
<br />hereof. im.lu\Ung, hut nol hmifctf to, l~'a"onahh:: ~Ilh)jfln'\ kn, ,HId \Ill Bllrrl'\\l'f 1.1),\'\ -..t;..h .t-l.ll~ln il" I unI-n r!\a\ Q::I'j,ll1;lhl\
<br />require to anure that the hen nf dll\ fk~ed of l'fH..I, L...'IH11,;"', Inlt'rl.",1 ,n Ih(' PfnrOi,:n:. _Hl\f BllfH\\'O'" Ilhll~afll'n ",. lq\
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