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<br />84..__
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<br />002782
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<br />by this Deed of Trust immediately prior to the date of taking bears to the fair market value of the Property immediately prior to the date of
<br />taking. with the balance of the proceeds paid to Borrower.
<br />If the Propeny is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make an award or settle a
<br />claim for damages. Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to coHeet and
<br />apply the proceeds. at Lender's option, either to restoration or repair of the 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 or postpone the due
<br />date of the monthly installments referred to in paragraphs 1 and 2 hereof or change the amount of such installments.
<br />10. Bonower Not Released. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and
<br />Borrower's successors in interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the original Borrower
<br />and Borrower's successors in interest.
<br />114 Forbeanllft by Leader Not. WaiYH. Any forbearance by Lender in exercising any right or remedy hereunder. or otherwise afforded
<br />by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. The procurement of insurance or the payment of
<br />taxes or other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this
<br />Deed of Trust,
<br />12. Rellledia CUlDulative. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this
<br />Deed of Trust or afforded by law or equity, and may be exercised concurrently. independently or successively.
<br />13. SUCftUOn.... Assit:as Bouacl; Joint aDd Several UablUty; Captions. The covenants and agreements herein contained shall bind, and
<br />the ri~hts hereunder shall inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragraph 17
<br />hereof. All covenants and agreements of Borrower shall be joiot and several. The captions and headings of the paragraphs of this Deed of Trust
<br />are for convenience only and are not to be used to interpret or defme the provisions hereof.
<br />14. Notice. Except for any notice required under applicable law to be given in another manner, (a) any notice to Borrower provided for in
<br />this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at the Property Address or at such other address
<br />as Borrower may designate by notice to Lender as provided herein, and (b) any notice to Lender shall be given by certified mail. return receipt
<br />requested, to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower as provided hCJ:ein. Any
<br />notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />15. Uallol'III Deed 01 Trust; GovHlli.. Law; Severability. This form of deed of trust combines uniform covenants for national use and
<br />non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Deed of
<br />Trust shall be governed by the law of the jurisdiction in which {he Property is located. In the event that any provision or clause of this Deed of
<br />Trust or the Note conflicts with applicable law. such conflict shall not affect other provisions of this Deed of Trust or the Note which can be
<br />given effect without the conflicting provision. and to this end the provisions of the Deed ,:,fTrust and the Note are declared to be severable.
<br />16. Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time of execution or
<br />after recordation hereof.
<br />17. TI'1IIIIf... of Ibe ProIl"t1y; AsslIIDplion. If all or any part of the Property or an interest therein is sold or transferred by Borrower
<br />wiihout Lender's prior written consent. excludil1JJ (a) the creation of a lien or encumbrance subordinate to this Deed of Trust, (b) the-creation of
<br />a purchase money security interest for housebold appliances. (c) a transfer by devise. descent or by operation of law upon the deatb.of ajoint
<br />tenant or (d) the grant of any leasebold interest of three years or less not containing an option to purchase. Lender may. allender's option.
<br />declare all the sums s<<:ured by this Deed of Trust to be immediately due and payable, Lender shall have waived such optionlo.accelerale.if.
<br />prior to the sale or transfer. Lender and the person to whom the Propeny is to be sold or transferred reach a&reeDlient in wrilina.that"tbe;~t'9,f:';~'
<br />such person is satisracmry to Lender and that the interest payable on the sums secured by this Deed ofTrustshall be aUllclt.rale as Lende.\...u:.'
<br />request. If Lender has waived the option to accelerate provided in this paragraph 17. and if Borrower"'UCCCSSOI'in~in!aat:_;~':~,
<br />written assumption agreement accepted in writing by Lender. Lender shall release Borrower from all obtil!lltiOllS undertbis~'Of:~~j,I!II!i:':/
<br />the Note. .
<br />If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration:in.accordancc_:witll ~~~,:
<br />Such notice shall provide a period or not less than 30 days from the date the notice is mailed within whicltBorro.m:J!laY;~',~~:
<br />due. If Borrower fails to pay such sums prior to the expiration of such period. Lender may, without further':notke::or-::.....~OD::~~~~<
<br />invoke any remediespermiUed by paraaraph 18 hereof.
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<br />NON-UNIFORM COVIlNAI'ITS, Borrower and Lender further covenant and agree as follows:
<br />Ill. A......lIua; R..--. Ell<elll as pro...... Ia ............ 17 .......,. ._ ~, ~;'
<br />Borrow...lIIlldt Deed or T....... ladlldl..1lIe co_In lu pay wlln ..._ _.__ by: lIlIa~_,
<br />sbtlllllllil JIfIliu 10 Borrow... as provWeoll. ............ 14 -.., ~JIaI: (1) .........; (~) 1IIe:1,i1i.t
<br />dale. nol....1Ilaa JO da" f.- IIIe dale of ._Is ..... 10 Borrow.... b, "1IIdI.... ~. ....1Ie~;...:
<br />-... or 1Ief_llIedale~ Ia IlIe __ IalIIt Ia KCOIeratleaof ...._......__.....",,~~<,
<br />TIle _ .... rttftller lar_ ........... of IlIe ....t to .a_after .--...,:...; IIIe riIM'lullettll,.,..,...,. ~ r:.,;
<br />_.of a detllllllouay oilier def_ Of Borro....IO........... aale.U...............'..._ _,,",... '
<br />nolke. u...... at ~', optioa _ dedare all of IlIe _...... b, ... Deed of T.. to lie' T~r~..._ . ..
<br />de_ ... _, i.volle IIIe po"'" of tale... ..y oilier ...-as ponalllell lIy ........... law. Leaitor ......1Ie........
<br />COIlS _ _lIIearrod i. panal.. IlIe _provldellla ............... 1.. ........., ...1.... .....,"".
<br />If lItepu.... or tale It Invoked. Trule",lIt1lncord._ of detallla ~ _tylll "1IIdl....PloIfarty.........'.
<br />...eI sballlllllil copIet of .... ...lke I. IlIe _ ~_ by. appIiadoIolaw to.......... ... to.lIte .......IIII!!I!I!!!;, ,
<br />law, Af....1lIe Iapoe of ....11_.. _lie.......... by.............. ~..............aotIceol....!Iia;~,
<br />~ Ily .........Ia", T_. wi_I..... oa .......... .........IlIe...........,...palolle......IIIe'~,:.,
<br />- p'- - .....11Ie _........ted in IlIe ...lke of oaIe Ia _ or __ pareeIa "'1._11 "'-.11& TJ.tIa:...,....;....
<br />postpoue oaIe or tIl or ...,para! or Ibe .ProperIy b, public "__I .al llIe 11_ _,....of_ ~..........i
<br />~..............ypu.......IlIeProperly at.., oaIe. . ,.,. .'. .../.'~. ..'/':;
<br />UPUB ........ or "'_1 of IlIe priftbid. Trastoe"", dell... 10 IlIe pun:"-r T_.'...... -JlalIIIe ~....:iI)!Il~~~;!"t;/: .
<br />the 'f_'. ...... .....1Ie pri8a fad. evideKe of tile ......or IlIe ..._10...1...... T_ ..!tIlIIJ-""'"*"'1lf.IIIe.....:~:.
<br />follow.....,..." (a) 10 tIl........... _..... ~ of ....oaIe. lad....... bUI aollllalted I.. Trastoe" .....~, ..........l""., .,.. .
<br />of llle ..- tale price, _bItaUw..y'. f... _ _ of I1t1e eYidt_; (b) to tIl_ _.... II' dIIoD..,hl TNIt; ...(c)........tt
<br />an,. to lhe _ or _..1epIIy eatltiod t.....lo,
<br />19, Borro...'.1IiIbt to 1Ieiaoq.... NotwitI\5~ing Lender's acceleration of the .ums secured by this Deed or T1'us~. Borro....r shtIl.h\lve
<br />tho tig),t 10 have any pr<><<:edlllll' hesun by Lend", 10 enforce this Deed <>f TrUSl discontinued at any time prior to the carli", to oo;:ur Or (I) the
<br />fiftb day before the sale of the Property pursuant to lhe power of sale coolaioed ift this Deed of Tl'Uit or (H) entry of a Jud_ieJIforcioa lhi.
<br />[~ (,;-i n-lJJfi it: (a) Borrower pay$. Lender aU MUllS which would be then due under thl~ Deed of Tru.\\, the NOte and ootes $<<urlna Future
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