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<br />84__7 002644
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<br />9. Condemnation. 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 .hall be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Deed of Trust,
<br />with the excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Deed of Trust such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured 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 the balance of the proceeds
<br />paid to Borrower.
<br />If the Propeny is aoandoned 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 rcslxmd 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 option, either to restoration or repair of the
<br />Property or to the sums secured by this 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 the due date of the monthly installments referred 10 in paragraphs I -und 2 hereof or change the amount of
<br />such installments,
<br />10. Borrower No. Released. Exten",ion of the time for p3yment or modification of amortization of the sums secured
<br />hy fhis Deed of Tn1.~t granted by Lender to any successor in interest of Borrower shall not operate to release. in any manner,
<br />the liability of the original Borrower and Borrower's stlcce..,>sors in interest. Lender shaH not be reqUired to commence
<br />proceedings against such successor or refuse to elttend time for payment or otherwise modify amortization of the sums
<br />secured by this Deed of Trost by reason of any demand made hy the original Borrower and Borrower's successors in interest.
<br />11~ Forbe-annce by l.ender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />othenvise afforded by applicable law, shall not he a waiver of or preclude the exercise of any such right or remedy,
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of lender's
<br />right to accelerate the maturity of the mdebredness s.ecured by Ihis Deed of Trust
<br />!2. R~~d~ ("um"l~th:f:, AI! rt"Oleciip:c provided in this. Deed of Trust are distmct 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 />13. SUCCeMOf5 and A~DS Bound; Join. and s,e\'erat "iabilh)<; Caplion..lIi. The covenants and agreemenfs herein
<br />L:ontained shaH hind, and the rights hereunder shaH inure to. the respectIve SUccc.<;,sors and assigns of lender and Borrower,
<br />subject to tM pro'V'isions of paragraph! 7 hereof, All 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 he used to
<br />Interpret or define the: provi!iions hereof.
<br />14. Notke. Except for any notICe reqUired under 3ppllcable- law to be given 10 another manner. (a) any notice to
<br />Borrower provided for in this Deed 01 Trust shall be given by mailing such notice by certified mail addressed to Borrower at
<br />(he 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 s.hall be given by cenified mail. return ret."eipt reque.ned, to Lender's address stated herein or to
<br />such other address. as Lender may desJ.gna!c hy nonce to Borrower a.... prmiided herein. Any nOlice provided for in this
<br />Deed of Trust shaH be deemed 10 have been given to Borrower or Lender when given In the manner designated herein>
<br />1.5. Uniform l>eed of Tnnt: C"oyemina t.w: MVl'nbility. ThIs. form of deed of trust combines uniform covenants for
<br />natIOnal llse and non-uniform covenants with limited ..-anation~ ~y jUnSdlCllon to constitute a uniform security instrument
<br />covering real property Thi.."i Deed at Trmt sh.ull be govt"rncd by the law ot the lunsdiction In which the Property is located,
<br />In Ihe event Ihat an\' prOVISion or clause of thiS Deed ot Trusl or the Nnle conflh;ts with applicable I,iw, such conflic.t shall
<br />not affect other provuiions of thl"5 [leed nf Trust or lhe Note which can he given effect wahout the conflicting provision,
<br />;lnd to this end the provtJions 01 the Deed 01 Trus.i and the Note ar(' declared to be severable"
<br />16. Borrow~rJI Copy~"'-",~shaU be iurnt!!ihed a contormed copy (ll' the Note and of this Deed of Trust at the time
<br />'If execution or after recordation hen:ot.
<br />17. Tl'alWfer of the Pl'Oflllll; ....--,.-a-- If aU_pr any pan of the Property Of an ~ntc.rest therein is sold or transferred
<br />by Borro~'e.r without LerKl6's prior .writtrn -conK:nt. e'\dudlng 1<'1) the creation of ft hen or encumbrance subordinate to
<br />fhilj; Deed of Trust.. {b) the creatK\r. ot a purchase mone\" se.curitv Intcr-cs.t f()f hou~h()id appltances, (c) a transfer by devise.
<br />descent or by operation or taw upon the death IJf a lnmt tenanl or (d) the grant of an)' ie-a5chold interest of three years Of less
<br />not containing an optIon to pun:hDe. 1 en-der mav, at I cndcr'~ option. oedarc all the sums secured by this Deed of Trust" to be
<br />Hnmedulte.ly due and payabte~ Lendt:r- ~haH have ""-awed such optron tn aCl.'eJe.rate- if, prior to the sale or transfer. Lender
<br />~nd the per'$On 10 whom the Properly lS to ~ sold or mmsferred reach agreement in writing that the credit of such penon
<br />1S satisfactory tt) Lender- and that the IUte~t payable on the sUm~ \ccured by thrs Deed of Tn)!t shaH be at such rate as
<br />Lender shaH reques-t. If Lender haJi w~u~ed the option to i'l,-"CeicriUc provided in this paragraph i7, and if Borrower's successor
<br />If\ Interest h.u- Cl.<<Ul~ .ll wriut'1l .a>>Umpuon agre<"ftleOl 3.~I.-"Cpted m wClhng by Lender, Lender shaH relea.&c Borrower from
<br />aU obliga.tlon., under thts DeeJ of Tru~t and the Note
<br />If Lender t~Xerclses such option tn iU."(.:eierafe, Lw-der ~hall mail Uorr-oWlt:"f notice of acceleration in ac~ordance wilh
<br />par,a,rapb 14 _herC\."I-L Such oOhce ,.hall pro,vI?e d ~n..-xl 01 not kM: than 30 days (rom ,the date the_ ~ot~e is mailed wi~hin
<br />whl.;n Borrower mil) pay the SUfm J<<htxeu <.I:U('_ It Ek.\frower hub [-1,1 pay such, $unu pnur u... the eXpiration of such period.
<br />Lcnd-e-r may. Without further notlC': t'H demand on Bo-rfi"tWer, :nvole ..Ill)' l'efned~e\ permitted by paragraph 18 hereof.
<br />NON~UNI...UltM COVEN.!Vllll' liorro"Ner and Lender further covenant and agree as. follows:
<br />18, 0\..._10..; R.--. h<",pl" provided 10 P.......... 17 he.....r. UpoII Bor......er'. """h of .ny .0n_1 0.
<br />"1-_1 01 1Io.........r in Ihe. Ilffd or ......... indlMlina lhe ............. 10 pay whet. due any ._ _....... by Ihis 0....
<br />01 1'lllSl. b_r p.ior 10 a~.."ra'lo.. .hall m.~ ",'ir. ,.. Bo..o.... .. p.....W.d in pIlI'....... 14 "...01 ....dfy....' (II Ih.
<br />brew:h. (2) tM IK'tioA rtq"ind tu nut' !<i.Ui.'h brt'lKh. (3) II d1ttt. nul tftlit than 30 clays fronl 1he date: th~ Il<uke is m.ued to
<br />&orro.'u, b} 'ft'bkh ,""en bn..b ntali( bt! t'UfM. and t4) that IMure: 10 t'U't' fitWh bread. on or bt:fore the- date Iipedfit4
<br />in the DO'K" maJ' IbUU in an.'eWl1I,tiou of !nll' su... ~('curtd b, ih.k Dr~d of .[rUM .Ad sale of the Propa1)\ l'hr nutice
<br />!loball further inform BonO-lIlt'{ of tiw' rillu 10- n:iRM-ate aftt" ac,deraJion and .he riaft. '0 brine ~ {'oun act_ to autrt
<br />tM ftQD-C~iAe-tk'~ or a driav" Of au) othe... defC'~ uf Bo.-ro",er to iK',.e'eration and uk. If the br~ach is not cured
<br />00 or bc-(~ t-IM datI' ~iIied in tht- notke. l~,,*r at I"eeder'li, optjl).U ma) d<<lare an of Iht' sums i<<!t:und by this IlHd
<br />of Tf'U$1 to bt imtlM"d.iatd~ due and pa,.bk ~'idIOUI furl her dC'm.w.ud and ma} in\.okc the power of ,die and any olher Tr'lIiedin:
<br />pttaUll<<d b) .pplic2bko law. l~llder dtaU be ~nthkd to l'olwcf aU fea~nabl~ l'W;ts- and e~pebe':!i int:urred in pursuing the
<br />n:1IH'-dies pI1l\icIed in tb.is parae" 18~ iududi8&. but w.x limiled '0, feuonabk atlOf'lIe)"s feu.
<br />If the P'lwcr of ~ b Hnoked~ l"rustu shall ft;(:<.rd a no-lief:' of ddauh in t'at"h {>ount,)' in which tht' Propert)" Of ~utle
<br />part lhere..f .. Ioraiod a..d .haII maill-opln 01 .""h ....'k. in the mao"". pr~",ribed by applk.bIe I.... 10 Borrow", and 10 the
<br />......[ ...no... pn:Kri..... by "fII'IkaWe u"., AlIu ,t... Ia..... ..f ,,,,'h lint. .. m.) br ..qulred hy .pplirahl. Ia.... "'[.il.. <bait
<br />t=,lw-C' puhIic.' notke o( AIr to the pct~ and in f~ ma-PDeC pre~Hibcd b)' applicahlfi I.".. 'ffU~...t-.. wUbout denuwd un
<br />hnowu.. ..u !JI<U tlk Propc-rt) at publit: aiKlWn to tM blchesl bidder at far- tim4:' and phne and under the It'rnl.... dftignaied
<br />in tlw aolict uf Ale in UDe Of' OJ,Orr ,atl'C-h. and in Iilt<<:h Qff;k-r ~ Tn..~<< nul) determine. l'fW!1ee- may post pont: $.lite of aU
<br />or UJ panel of (he Propeny b) pubfic aOlJouOA;::e-me.>lI at dw rime _Ad pia" uf >>n$ pre.lo,",) sC'hedule:d me. I,,",odel' Of
<br />~'. deslpre ....y pUtt_ the Property .t an.! !We.
<br />Upoo reedpt uf .pM.y~ol nf dw pri...~ hid~ rn$..-e shaD ddhu to th~ pU-f'ctualtCr .lnbtl:~._\ dt:-<<'d cou\'e~-"* th~ l~r-t)
<br />wAd~ Tlw redtab in the T~'s ~ shall be pfiwa fad.:! (",-id\'IU:~ of the If~uth \.l( Uk' shd4.~nel1b mack ttM:t'tW, TruJi.tee
<br />'ihaU appb tlw IK'l)(.ud:'Io of the ~Ie- in the (uIlo-wlIJ3 O{"dec: {a; In aU r~a)uQabJt: n-..;:b ..-.nd "\-pense:.,, .,r &.he S31t:~ indudlnc~ bUl
<br />QO( limitrd tn. Tnbtt't,':'~ Cf'U or BOt more tun l'l u( l~, ()fthe -e:n..~\ saI.: price. n,'~WJutblt' a1(unw,f~ f~~ aud t."OMS of title nid~ll(l:~
<br />tb) to aD ~_~red bt thb. l>rtd ofT~1; and ~{',I tilt: t"('Ii:~~ if an,. tu ttk pt.'rsuf:' "l<r pel'SOfI') lqall) t.'nthled tiwrvhl.
<br />19... hrrow.r':tl RCbl to lUim4alf:'. NN\\-Irhs.l.andmg Lemit:"!" ,Ji,.,:der.ihli!l l,j th;.: \:IHl'!t. \t'-.llt~d to\- thl" Det:d nf II U'I!.
<br />Borrower ihall haH.~ the right w hlf.\.c any f\f-lx:e'tJing~ negtm fl'\" i.endcJ hI .:nh..rl'i' It'm. Dt~d of Tru,>{ .hs\.yo,ut;lHlcd ;jl
<br />an.)' ti-me- rfl(.t to the: e-alli",!" to ro;;:,,'Uf" iJt iH the fifth Jaj before thE: ...alc of the PHlJ.l<f1Y purs.uan~ Ii.l ahe- p<'Yter ,)( ~..Ie ...,)ot.:un-cJ
<br />llllhb [)c.cd of l"n.-tu l)f (l~) entfY of it juds-menl cnf;.Jt-dng thh l'>ced of' Tru~t d (11) 8~Jrfo\.\'t'r p"Y~ l. ('lhii:f ~111 ~um\. whu,:h ",-oaIJ
<br />he tncn due under thlll t~cu (~! l'fH~t. the Note ",no Hote!. 'K'>.:unng Fu!ure Arl''-d.n~c)-. if iotny. ha~i IW ,h,,:t>I1;"tah,-)>n ol.:'\-uncd.
<br />{b~ DQttQwcr lun::'\; aU br't!;:u,:-her. of !l-ll)' ~)1hiCr ~o\-t:nanh. nr I1gft"(;u'lt'Oh d BOfH)....el ,:fmtamt,J iH thl'l- Deed of Tn~\!
<br />ld _B-r;tp ,>~... "? i)'.,Y'> lilt! .r'{'~~tHlJ:b-\t e\pe1n~... IH,j.:utf'cd by (endcr a.nd TtU'l.I(~~ In ('n{on."tn~~ thl' <:,-H n'w,-nh :in"l ::t~n,>(ml..'l';n ,1/
<br />tk}ffi,)v.'~t COt}l,~_lfle-J ih ilw. t:...e.t\t lOr Tfmi ,l~ul in iinfu-ii.:-i-tii l,c'ld-c-i'\ ,ined ri'...;.i.c~~'\ it'I"i1.:--di..~'~ ~"; r:..l,\.f,~J in r,::rJ.g;;.~~h l:ti
<br />hff'('OC i-rn~-!ud{ng, bUI Il{f~ hm.tt.d tl.J. rtli~H'lllhJ~ ;J:Hl.:~r-n-c,!-"\ ktl:;.., iHl-tt (ill Borrower l..k("\. ~u.:h a-c-{rnn ,u t I;".ndef mJ.'t H'.l'<i'l"\,~t>h
<br />f-t;:~-\tir( hi ;It.S-''UfC fhill: ''''t; hen {if fhu, ~.J of Tru'>:L -1 ~-J\th.'(.. irlit'rt""--i n1 tht Plt1f'Cny MHo! B:oil<.";J.~'C'. pt'-ht!a!h'/1 :',-\\
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