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<br />9. C.......... The proceeds of any award or claim for damages, direct or consequential. in connection with any
<br />condemnation or other taking of tbe Property, or part t~ereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall 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 01 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 pro""nion of the proceeds
<br />as is equal to that proportion which the amount or the sums secured by this Deed of Trust immtdiately prior to the date of
<br />taJc:ing bean to the fair market value of the Property immediately prior to the date of talc:ing. with the balance of the proceeds
<br />paid to Borrower,
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower tha~ th. condemnor oIte... 1O.!IIlk.
<br />an award or setde a claim for damages, Borrower fails to respond to Lender within 30 days after the'date such: noJicc"js
<br />mailed, Lender is authorized to collect and apply the proceeds, at Lend.r's option, either to resrontion 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 shallnDt e~
<br />~:C~=U~':IS~ue date of the monthly instal1ments referred to in paragraphs 1 and 2 hereof or change the -amount '()f
<br />.0. llarntwer Not RdeMed. Extension of the time for payment or modification of amortization of ~he- sums ~u~-
<br />by this Deed of Trust granted by Lender to any successor in interest of Borrower shall not operatiC to release, in any ~rJ
<br />the liability of the original Borrower and Borrower's successors in interest. Lender shall not be requi'" to comment;t
<br />proceedings 8galnst such successor or refuse to extend time for payment or otherwise modify amortization of _ the- ~ms
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successon in .interest;
<br />II. F........."". by Le...... Ne>t a W..er, Any rorbearance by Lender in ex.rcising any right or J'Ct1ledy.l1ereu~f;oI
<br />otherwise .a.'!crded by apy!ic:.bk law, shan rIDi- Ge d ....id-ver Jf or preclude the exercise of any suCll ript or reitae4Y-.
<br />The procurement of insurance or the payment of taxes or other liens or cbarges by lender shalt not be a waiver of l.cnder~s
<br />right to accelerate the ma~urity or the indebtedness secured by tbis Deed of Trust.
<br />I%. Remedies c...lllMlve, All remedies provided in this De.d or Trust are distinct and cumulative to any other ~ght
<br />or remedy under this Deed or Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />successively.
<br />13, s..:........ a'" A...... 10....; JoInl .nd Se..n1 LlablUty; Captio.... The cov.nants and agreements herein
<br />contained shall bind. and the rights hereunder shall inure to, (he respective successors and assigns of Lender and -Borrower~
<br />subject to the provisions of paragraph ! 7 hereor. All covenanlS and agreemeots of Borrow.r shall be joint and ~__"
<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 define rhe provisions hereof.
<br />1". Notice-. Except for any notice reqUired under applicable law to he given in another manner. (a) any natite. to
<br />Borrower provided for In this Deed of Trust sball be gIven by mailing such notic. by c.rtilied mail addressed to Borrow.rat
<br />the Property Address or at such other address as Borrower may designate by notice to lender as prov_ided _ ~rejn.. a~
<br />(b) any nOlic. to Lender shall he given by certified mail, return receipt requested, to Lender's address sta.tedherein .orto
<br />such other add.... as Lend.r may designat. by notice to Borrower as provided herein. Any notice provided for in this
<br />Deed of Trust shall be dccmee .0 have been given to Borrower or Lender whe.l given in the manner desipated, herein.
<br />15. Uniform ~ ..f Truor, Go.~ml.. I.....; Se....bl1IIy, ThIS form of deed of trust combines uniform cov.nants f<)r
<br />natJonal use and non-uniform covenants with limited variations by Jurisdiction to constitute a uniform security instrument
<br />covering real propeny, This Deed of Trust shall he governed by the law of the jurisdiction in which the Property is located.
<br />In the event that any provision or clause af this Deed of Trust or the NOle confticts with applicable law. such confllct_ shall-
<br />not affect other provisions of tbis Deed of Trust or the Note which can be given effect without the conflicting provisioo_
<br />and to this end the provisions 01 the Deed of Trust and the Note are declared to he sev.rable.
<br />16. ................ Cepf, Borrower shall be rurnished . conlormed copy of the Note and of Ihis Deed of Trust at the lime
<br />of execution or after recordation hereof.
<br />17. T...........f tile Property; ^-e..........' If all or any part of the Property or an int.rest 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) the creation of a purchase money security interest for household appliances. (c-) a transfer by devise.
<br />descent or by operation of Jaw upon the death of a )0101 tenant or (d) the grant of any leasehold interest of three years or.less
<br />not containing an option ;0 p-uiCbasc, Lender may. at Lender's option, declare aU the sums secured by this Deed of Trost to be:
<br />immediately due and payable. Lender shan h.wC' waived such option to accelerate if. prior to tbe sale or transfer; Lender
<br />~d the person to whom the Property is to be sold or transferred reach agreement in writing that the credit of such penon
<br />15 satisfactory EO Lender and that the loterest pay-ahie on the sums secured by this. Deed of Trust shall be at sllCh rat~ as
<br />l...enckr shall request If Lender has waived the option to accele-rate, prov!ded in this paragraph 17. and if Borrower's sUcceslor
<br />to mterest has e-xecut-ed a written assumption agreement accepted 10 wnting by Lender, Lender shan release Borrower from
<br />aU obligations under this Deed of Trust and tht; Note.
<br />If Lender exercises such op(ion (0 ac-eele-rate, Lender shall mail Borrower notice or acceleration in accordance with
<br />p!!'ra~~ ! 4 ~~f Sur;tl noti('(' ~n.H pr'Ovide a !-~riod of nO-l less Ihan 30 days from tM date the notice is mailed wlthin
<br />which Borrower may pay the sunu declared due~ If Borrower falb: to pay such sums prior to the expiration of such period.
<br />Lender may. without further notice or demand on Borrower, Invoke an)' remedies pennitted by paragraph 18 hereof.
<br />Nf)N~UNlfOllM. COVENANTS 8orrow~r iJnd Lender further covenant and agree as follows:
<br />18, "ccelerutlon: R.......ia. bc.pt as pro.ldod in ........... 17 hereof. upon Ile>rrow.r's ......h of any co...... or
<br />.lfttweltt uf Borrower in this 0Hd uf Trust, lad...... the co\'en.n" to pay when due any IUIRS secured by this Deed
<br />of Trusl. '-c_r prior to ......ralion shall mail noUc. 10 8..n...... as pro,'ld.d in ....... 14 he....f ...clfy"', (1) the
<br />.....""h: (2) Ih. aclloo required 10 ('ur. such hreach; (3) a dot., not I.... than 30 day. from lh. dal. lhe notk. Is ......... 10
<br />Borrow.r. by which ,uch breach m.... be ('u"": aod (4) Ib.1 fail.re 10 cure sneh b..ach .... or befo.. the date specified
<br />in the notice- maJ result in accde....tion of the sums sec:ured by this need of Trust and sale of the Propeny. The notke-
<br />shall: further inform Borrower of 'M rich. to ~instat. .fter iKceleor.'ion and 'he rich' to brina a court action to MSrrt
<br />the non..edslelKC' of . default or an.,. other dde-me of Borrower to aceder.tion aad sale. If the breach is not cured
<br />00 or bftore the date- !!I-pecifit'd in .M- Hike. Le~r at Ikader's option mal declan all of the sums ~cum b)' this Ilflod
<br />of Trust to be- imlRfttiately elM' and p.yahk ~ithout further demand and ma)' in,"Qk~ the power of sale and any other re-Medin-
<br />pel'lllilttd by applka" law. I~"'r shaD be tolitled to ('ollect aU r~a.'lionable costs and U:SWIlSeS incurred in punuina the
<br />remedies pro".Wed i.. thh pa........pIt 18. iodudi.... but not limited to. reasonable anornets fees.
<br />If 1M- power of sale is in\'oked, T,..ft' shall rt'("ord a notice of dt'fault in tach ('ount)' in -whk'h t~ Propert)' 01' so....t'
<br />pan .heftO' is Ioca.ed and shall.aiI copies of such nolice in tbe manner prltM.'rihed by applicable law to Borrower and to tbe
<br />of.r ptfliOftS- PftK"ri~ by........ I... After the ...... of such linte as may be requind by .pplicable lm_. TTWi'<< shan
<br />ah--e pvbIK DOli<< of Ale '0 the pt'rson~ and in the manRf:'r prescribed b) applkabk la"" Trustee. wi.hour demand Oft
<br />Bo'lVwer. .... HI the Property a. p.blN: a.lion to the hlcawst bidder at 1M 111M and place and under .he ierms desitnated
<br />ita file DOtke of .. 10 OM Of' RIOre parcels aM in such or.r as TnrdH: may delermine, 'frultee may posiporw: HIe of all
<br />or -r par<<1 of 1M PropeI1,y by ,.Wit announ<<lIIf'nt at tbe'! time: and plact. of any previOUSly lIcheduled we. Lender or
<br />I.........s ....... _ "",,_ the Property al any....,
<br />l!poa fKt'ipt: of payment of the price bid~ Trw.tet.' shaD dt"lh'er 10 tlk PUrctUUiWf TrusU.'~.!o dt't.... cun\'eyitql tM PrOI)('rt~
<br />soW. The recitah in tht TruMft'S dted ~II be prima rack- t"\idetKt" of thf' truth of Uw statements nUI* t.herein. "fruste€-
<br />dial. iippI) the prucRds of tbet ,!lak: in the f'otto~'in& order: l:tl to aU nlL'tlOtt~blt' {'~t.\ and expen~~ of tbe sale, indudJnc. but
<br />nor UlDiWd to~ Tf'Udtoe's r~ ufmM: nlOre than "'~ of 1% of the a:,rmS- SHIh.- prk'e. reillM.mabk attornt")'s ff'n IlIK1 costs of titko ('\'idt"nt.~;
<br />(b) luaU SUltiM!Cured I>>' thb llvc:dufTnbt; and (c} the ("CU'('S!). if an,. to tM pt"f"SOR Of Pf'1's.;m.... kgaU}" entitled iJwreto.
<br />19. aono_er's _iChl to Rd_alt". NOlwlths(anding Lender'.. at:cdcralwn Ilj the ~um' "!>~-I..'ml.'d by tht\. Deed \If Trll'>L
<br />Borrower thaU have the right to have any tlf(xeeding.., begun by I en-lief (('I en(oh.."t" thl\ need 01 fru,. dl\1l'OnllnUl'd 31
<br />any hIDe prlm to lbe etlrh~r to i)Ct;Ur o-r (Ii the- fifth dil)' hefme (he ...ale uf the Properly PUNUl:Iot h. lhe pl..wer III sa-Ie ~tlOtall\t~J
<br />In thilj; ~d of Trull N {ill entry of a ludgment cn{-ordng tht\ [)C(!d 01' TnI'I;t )f: (a, Bnrrow('r rays I cnde-r .111 !lUlW, whH:h wduld
<br />he then due under thlS ()eed uf 'Trust, the Note and nott:'~ s'cl.'\lnng Future Advance"'. If any, ~Hhj till ih:I,:t:!eriltlon t\C\'tlrred
<br />fb) Bo-n-uwer CUfl!'\ aU breltChei. 1,1t' any other cQvenanh or ~gr<<mcoh o( Borr-(l~1."1 cnnl3lflcd In tt'll'" fk"'t~(l of rrwol
<br />tel 80rruwcr pay'" aU fe,uon.ahk! """-penM:'l- IfH:urreo hy I cnJer and Tru'O-It"'C' HI t,,!'I;"lfCl!lJ:, ihe ..:,)H'IHUlh and l1gret'IHC!1h \)f
<br />8arro~"t"t' (\tfH:aIM.o in flU$- [)oed I_,t -1 ft.Kl and In t~n-!('rctll.J: l.('odff'~ ,lntl Tfu"h~e\ re-mc-dj~ ,1'1 prnYldC'd 10 rMagr3ph I ~
<br />n.eroo.!. Jf'icludrn.> hut nut hmHed ,n_ fl"OlWnahle iutnrney"'\. fee..., and 1'.):) korr(lw~r tak~~\. 'Udl ..('tHlO .... t ('tl(kr flU\ r('""..nnaH\
<br />f~wr~ to a\\ut'C that 1M hen ut dUll L)CCJ of TOt\t. I ('nder-.. lHi-in.~"1 m the Prope-M\' and l-\~'rn!""'t'f" "h-hgalh1n ft' l',;~
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