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<br />8,4 - 002657
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<br />9. ("~nd(>nlnntion, Th\.' rrOl...ccd..; t1( any .l\\ard or d3rm 11'1 da.mage.... dm:('[ Of conscqllcnllal. In ClmncClitln ....ith an~
<br />~ondemnilllon or other taking of the Property, Of part Ihereof. or for conveyance in lieu of condemnation, are hcrchy as<;.igned
<br />anJ shall he paid 10 l.ender.
<br />In the eventof a torallaking of Ihe Properly, the procecth, 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 a partial laking of the Property, unless Borrower and Lender
<br />otherwise agree in wriling, (here shall he applied to [he sums secured hy Ihis Deed of Trust such proportion of the proceeds
<br />.IS is equal to that proportion which the amount of the sums '\rcured hy thi~ Deed of Trust immcdi.lIely prior to the uate or
<br />laking bears to the fair market \Jluc of the Properly immediately prior {{l the date cf lak.ing, with the balance of the proceed~
<br />paid 10 Borrower.
<br />If the Property IS ahandoned by Borrower, or jf. after notice by I.emler to Borrower !hat the condemnor offers. to make
<br />an award or settle a daim for damages, Horrower lal/:.. to respond 10 Lender within 30 days after the d.Jte such notice is
<br />mailed, Lender is authOrized to collect and apply the procc('ds, al Lender's option, either to restoration or repair of the
<br />Property or to the slim.;; secured hy Ihis Deed of Tnlst.
<br />Unless Lender and Borrower otherwise agree in wriflng, any such application of proceeds to principal shall nor extend
<br />or postpone Ihe due date of the monthly installments referred 10 In paragraphs I and 2 hereof or change the amount of
<br />~uch installments.
<br />10. Borrowf'r "'ot Relea.~ed. E~lcn...ion nf the tIme for p~ymcnt or modificarion of amortization of the sums secured
<br />h} this Deed of TrU\I granted by Lender Ifl any ",ucCC$sor In interest 01 Borrower shall "(I[ operate to release, in any manner,
<br />Ihe lillhilil}' of the original Borrower and Borrower's ~ucccssors in intercsl. I.ender shall not be required to commence
<br />proceedings agamst such successor or refuse to c'o;(cntJ rime l()r payment or otherwise modify amortization of the sums
<br />..eeured hy this Deed of Trust hy rem.on of any demand made hy the original Borrower and Rorrower's successors in interest.
<br />t I. Forbe-arance b)' tender ~ot a Wah'er. Any fnrbearancc hy Lender 10 exercising any right or remedy hereunder, or
<br />otherwise afTorded hy applicable law. s.hall not he ,a waiver of or preclude Ihe exercise of any such right or remedy
<br />The procurement of insurance 0; the payment of laxl:\ 0r other liens or charges hy Lender shall no! be a wai\'cr of Lender's
<br />nghi 10 accelcraie the Ol.1IUnty c,f the indchrcdnc-,,>s ~~i...llred by this Deed ot Trust
<br />12. R~ml'rlil'~ Cumulatin'. All remedies prt)\'lded 111 {hl\ Dt":cd pf Trust arc dls.lln~r and cumulative to ~1O}' orhe-r right
<br />nf r._~m("dy \!f~d~r lh!~ Pt".;>d nf TrH'Ct lOr :dF.Hdt'd hy l-Ju.' n, eqUl!y, ..!!""!d !""'~3Y !---~ e"':.e!'"ClSe{! cane-urrer!!!}', i!"!dependent!y a!"
<br />succes.slvely.
<br />t J. Succa<mrs and Assigns Bound; Joint and Several Uabilit).: Captions, The covc~ants and agreements herein
<br />conlained shall hind, and the rights hereunder ..hall mure to. the re~rc(.'I'\."e sLlcce...sors and aSSJgns of lender and Borrower,
<br />subject to the provisions of paragraph ! 7 here-ol_ All covenants and agreements of Borrower shalJ be joint and several.
<br />The captions and headtn~ of the p-aragraph~ of thIS Deed of Tru~1 are for convenience only and are not to be used to
<br />tnterpret or define the prOVisions hereof.
<br />14. Notict. Except for any notice reqUIred unuer applicable la....- 10 be given III another manner, {a} any notice to
<br />Borrower provided for In this Deed of Trust shall he given hy mililing such notice by certified mail addressed to Borrower at
<br />the Property Address or at such other address as- Borrower may designalc hy notice to Lender as provided herein, and
<br />(b) any notice to Lender !>hall be given by cenlned m~lil. return receipt requested. to Lender's address stated herein or to
<br />'iuch other address as Lender 0l::J.)" deSignate hy notice 10 Borrower ::1.. proVided herein. Any notice provided for in this.
<br />Deed of Trust s-halJ be deemed 10 have been given h1 Borrower or 1 cnder \,l,"hen given in the manner designated herein.
<br />15. lJnifurm Dred of Tru'l; Govcfnina t.a\o\'~ St~"cr-..bilit-,,'. Thl\ fnrm l)( dccJ of Iru\t combines. uniform covenants for
<br />n"lional use ;md non,unlform covenants wllh limned \.1rW1H)fl, h~ JUTl!>dlclion H' conslltute a uniform security instrument
<br />covering real propcrlj ThiS Deed of Tru-st \h.IlJ h\,' g~)\...rnC'd h~ lhe Llw oi the Jlln~dKlIon in which the Property is located.
<br />In rhe e\'ent thai :ll1Y prov1sIon or clause of (hI'" Deeu t~r '1 rmt or lhe 1\nll.: ":Ull11n.:-h wHh applicable law. such conflict shall
<br />not affect other provislOn~ \.If thiS OceJ ()f Trml (If the 1'\""te \\ hli.:h elfl h",' ~I\"cn efTect without the conflictmg provision.
<br />and lo (hiS end the prOVISIOns 01 the Dt.'cd ~)r 1 ftt,>t ,nllJ the Note '-HC dedarcd In he ~e\'erahle.
<br />16. Borro~-rr'J COP). Borro,-,"cr :;h;1!l h\' fu! r1l'..hcd ,1 (\lnlorOlcd ..\)P\ p! rtw ,"Ole Jnd of rhis. Deed \1( Tru!>t at the time
<br />;;1t cxccuhon or after recQrdatIon hereof
<br />17. Transfer of thr PfOpenl; Assumption. If aU dr ..ln~ pJ.rt 0f thc Prnp\""rt~ tlf an imcreM rhcrCIll is sold o-r trans(err.ed
<br />by Borrower without L-ender's pnOf wntten C\.Hl...cnt. c\dudll\f: Lll the aea.lll'fl oJ" il lien or encumbrance subordinate tei
<br />(his Deed of Trust, {b} the Cf-cat:ofl nt J rurcha~c nwoey !>CClITII)' intere-st for home hold -appliances. {C} a trans.[cr by-dcvjse.
<br />descent or hy operation of law upon the death of .:i i,'mt h.manr ()r . I ~ L ~ .. I L _ '1 ~ - t _ _ I f L _ _~ ' _ I. I
<br />il i . , ! 1 , > f l f L 1 c-nder ma~. .11 I. cnJer\ optll)n, Jedurc ,dl the ~ums- ~ecufcd by this Deed of TnJ$t to be
<br />immediafely due and p.ay:d~~le. Lender ~hJH h~\C' "" Ji\.~~d ~Ul:h option !i,' ao.::dcr41le jf. pnor to the sale or transfer. Lender-
<br />and the person to whom Jhe Pro~fty is to be ~{)ld i,)f tr J.nsferred fe,H.:h agreemen.t In writing. that the credit of such penon
<br />IS satisfactory h"" Lender and that the interell rJ~-'ahle on the ~um~ \c,-'Ufcd h this Deed of Trust s.haJI be at such calC as
<br />Lender shaH rcqucsL Ii Lender has waived rhe Upill..'O Itl .i":I...eleri1tc pronded m ,his paragraph 17, and if Borrowet's successor
<br />in interest has- executed .3 wnll~n Jssumplion agreement i1..:ceptcd or\ i.\ (JImg h~ l.ender, Lender sh~l1 relca~e Borrower from
<br />all obligatIOns under thIS Deed ~")f Trusl 30d rhe l"Ole
<br />If Lender c.xeTCtSe-s ~u{'h ~lpU0n to ;H:~ckr,Hc. I.l,:nder ..h;.:tl m;ul BNrnwt:r notIce or acccJeralion In accordance with
<br />paragraph 14 hereof. Such notICe shall prova,k .1 pcfllld t'f !WI k..s thiin ~O Jay.!> fr-om the date Ihe notice is ma_Hed within
<br />which Bo-rwwer may pay Ihe )ums declared due, Ii BNh)\\,C'f t.ld~ It-, pa\ !1-lh:h ~lIm!), pflf)r to the expiratlOO of such periO<!,
<br />lender may. without further noh-cc or demand ('-11 BOfHl\\cr. l!1\ft!..C' .Hi~ remed!j:-~ permitted b~' paragraph 18 hereof.
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<br />NON.UNJfORM COVEN."Nb. Borrower <1Ild It,t1l...Ier tunh~r co\'cnanl .1nd ilgrce as, follow~:
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<br />11. Acct"l~ration; Rrmedies. .:xupt as pro.idrd in parae,r.>>ph 17 hereof. upon 8orroweri breath 'of an)' CO\'.""':_ or
<br />at....en. of Borro.'rr in this I~td of Trnsl. intludane Iht: ('0\ ('-oant, to pa". when due any sums, see..",d by this:. Deett
<br />of Trust. l.t-ndu prior to ac(rleratwn tohan mail nolke 10 8orro","l'r .s pro\ided in P"ler.ph--.1" heft,of spl'dl)'illl:': (U th~
<br />bre""h; (211he .clion ....ui'ed to cur. such h,oach; (31 . dOlc. nQI I..s than 30 day. from Ih. d.I.. lhe notle. Is mailed 'Q
<br />Iorro""trt by _hich !iuch b<<ach must be cured; and (4) that failure 10 (ure- such brta(h on Of ~fortt thl' d.te s",cjfi_"
<br />,,, 1M noUce ma) te\ull in ac('(~leration of tilt sums !rot-cured b)' Ihi, IHol'd of Trust and salr of the PrQpet1y. The ,nolin
<br />_aU fllrt.r inform Borro.er of the- rip. .u reinstate- .fttr acc~.t"r.U()n and the- rig'" to brine . CQurt aClio.. to MMIt
<br />lhe noq.f.leMt of . default or an) othe, IItftme of Borr6_*" to .c~elt:r'lion and salt. If the brea4:b hi no'- cuRd
<br />Qn or belo.. Ih. dot. sp.cified in th. nolice, L.nd.. al I..nd..'s Qplion ma) cltda.. all Qf the .um. .ecu..d by. Ihls Deed
<br />of Tnu.1 10 be inuntdiat"ly due and paJabJe \o\ithot." furthe-r demand and maJ iR\-'oke Ih~ pO_~fr of nle and an)' other rtlftfdies
<br />pe....it1ed by a,p1kabl. la... ".nde, shall he .ntitled 10 coli... all ,.asonahl. '....,. and ..pen... incurr.d In punuine Ih.
<br />romedln pro.ided in Ihls p......ph 18, induding. hut nQI limit.d ItJ, r.asonabl. aItQ'n.)'s fe..,
<br />If the- po"cr of salt is i"\'Qked. TrUSltr ,hall record. notk:e- of drfault in each (Ountl in width the Properly .or some-
<br />part lhereof is Ioc.I.d and .h.1I md copi.s Qf sueh nQlIce itJ the mann.. prn<rihed h) applk.bIe I... tQ B....ro..er and tQ the
<br />ot.... ........n. pre<cribed by applkahle I..., Mtor Ih. lapse of soch lim. .. mo) he ,...ui..d by applic.hI. la... Tnut.. shall
<br />a."e ......It' notke- of satt to the penons and in the manntr pU!ilni_d b~ applicabl~ 11"-". 'fruster, without demand on
<br />'D~. shall K1. the Property at publk auction IQ tho hllthest bidd.r 01 the limc and plac. and nRd.. the lerm. d.siKn.t.d
<br />ill the: aotkC' of uk: ift OM_ OJ mort' parcels and in Mleh or-der lI"io Tn.'Ie-C!: mal' determine. 'Trustee ...." pos'P9nl' sale .of all
<br />Of ..,. P.<<-t of tIM Proptrty b) publil:' announcement at Ihf: rime and place of an}' pre\-iOUlil)' M"hr-dultd sale. l,endt:r .or
<br />1,..........iIeo/aMt ...y,..,.... tile Property at an) sale,
<br />U.... neelpiof ,.,._ Qf tile price bid. T,ust.. ,hall d.Ii,or to Ihe ptJrch_, Tru...... deed eonveyin. the Propert}
<br />"""'. TIle fl!<-' .\IIlbe Y,....oc.. ~ shall be prim. flld. ..idence 01 the .ruth QI the sla....en.. mide lhe..ln. Ynntee
<br />..... .. '"""". . ... the... ___... .. ..O.flh". \II I. be follo..'ipa o'd~r: {.} to 1111 ......nahf. cost. and npe_ QI .h. ..I.. IMIa. di.... bul
<br />Ilol.......... 1'......... f.... Qf not ....... than 1/2 0 t 1 <. of .... KrQ" ..Ie prie.. ............... .1I0mey', ~" a'" eoslll 01
<br />:.':....eYIlItti<.; (11.) to all...'''.see...... by IhIs Deed of 'rro"'; and tCl the .n.... il.n). tQ lhe pe...... Qr pe....... I..ally enlitled
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<br />ft. .....,....t'.',R.... _'n ll..tD-'dalf'. NtH';\ Ith-1.Janding Lcnder'~ .ten'krat-lon of the ..um!. ~,('cured by It Wi. Deed :of lru\1.
<br />IJofrU'Wc-r -s;haU have _the _ rient lo ha\,c iH1Y p,rV\.'-t'cl,hngs l~guf1 h)' Lender f"l t.'nfor.:'e thl$. De-r:d \.,( Tru\r ~h~'t.-).nfmuc:d tH
<br />~Y: H~ pnor _to th4 iuthcr to occur _~!lll) the_ fifth da} ber?n: In\.' ~te of II\( ,Propeny pursuam W lhe- power (If ule conhHne-d
<br />in tbi, _~ Qf l'tu~J.ut {u) enH) !'1f a Jndlm(fH cn-tordng thJS Dc\td oJ TmSf II' f~H Borrow-tr p-a,~ Lender .\11 ~tlmr, whii;h "'Ollld
<br />... t~-ft d-~ u!'Kkt thli [)reed (If Tru\i, Ihe Note nnd nQfc'~ ,c(unng: FUIlU" Adv-;,\n("e!i, If an)', h.ad nl'l .Kcdcr~th.1:n \.x~t.:uned:
<br />rb) ~n..H'{-Cr CU.fe.\ ~U tJ'r~4d\c:) ...f ao)' llthcf l'(),"'CJliWh or ,tgteerncl1I\ of BOHOl,\-Cf ,ontameu HJ thl" Deed ('-f Tnl~L
<br />fCl .u\)we;r par' ~l! rC,J.\OHoloie e-\pt:n~... IfinHn:-d l:>)' L-c-l1dc-r ~n;j THl').re~, 10 r;"t\~,-"l-r{:ltlg fhe ~\,.n'enatlt.. ~nJ a,grccmcnu l"d
<br />8tu:,tt)~-C;t "{l(\l<flnt,u Ht ~h,~ lX'f-\.i pf TfHli( aM m C'nt",n.::mg I c11oer'", :,m-J J rtl"iiet: '\ H'f11I.'.ht!i H P-W\ l,kd In p.H;ti{r-apn l:ol
<br />h.~f. in(~~~\Jj~:-_ h!.H- n-n~ hn'hte4 hJ, n~~-a_wi'liJh!J; dthlfm:):,.'~ h"i:',\- ,HU..f t;H Ho-f({I'!.".'W t.lio.1.:"- 'ill.;;h ~d~~_\tl ~\ I.(.,td-t"r may rCd"P-f"\..lhl~
<br />fe:qH~'lt. t"" it:l:H..U,l;'_ that d:\(' hl:"f! pi thh tk'cd ~-~f fnl'ol.. I f:'H_k, ~ HHCfC"l ,n the Pr\1!pcrl\ ,).nd il~~rr"\\ot;j\ ,1bhi:.\lwf1 fl' p~n
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