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<br />84- 002913
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<br />9. COIIIIe8......... The proceeds of any award or claim for damages. direct or consequential. in connection with any
<br />condemnation or otber taking of tbe Property, or part thereof. or for conveyance in lieu of condemnation, are hereby assigned
<br />and sball be paid to Lender,
<br />In the event of a total taking of the Property, Ihe proceeds shall be applied 10 lhe sums secured by this Deed of Trust,
<br />with the excess, it any, paid to Borrower. In the event of a panial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there sball be applied 10 Ihe sums secured by tbis Deed of Trust sucb proportion of the proceeds
<br />as is equal to that proportion which t.he amount of the sums secured by this Deed of Trust immediately prior to the- dat~ of
<br />taking bean to the fair market value of the Property immedialely prior to the date or taking, witb tbe balance of the proceeds
<br />paid 10 Borrower,
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that tbe condemnor oIIen IOmab
<br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such - notice ,is
<br />mailecl Lender is authorized 10 collect and apply the proceeds, at Lender's oplion, either to resloration or repair of lhe
<br />Property or to the sums secured by tbis Deed of Trust.
<br />Unless lender and Borrower otherwise agree in writing, any such application of proceeds to principal-shall not',extelid
<br />or postpone lhe due date of the moothly installments referred 10 in paragraphs I and 2 hereof or change the amount of
<br />such installments.
<br />10. IIorrower Not R.... Extension of the time for payment or modification of amonization of th~ sums secu:~d
<br />by thiS Deed of Trust granted. by l.ender 10 any successor in interest or Borrower shaii not operaie io teleuc, in any -manner.
<br />the liability of the original Borrower and Borrower's successors in interest. lender shall not be- required - to ,comme~
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of the _ sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower"s successors in bltete$t.
<br />11, Forbe8nBc. by Le_r Not a Walnr. Any rorbearance by lender in exercising any right or ~edybereu*r,or
<br />olherwise afforded by applicable law, sball nOI be a waiver of or preclude tbe exercise of any such riJllt or remedy.
<br />Tbe procurement of insurance or the payment of tax~ or other liens Of charges by Lender sbaH not be a waiver of Lender"s
<br />right to aa:elerate the maturity of the indebtedness secured by this Deed of Trust
<br />11. Remediai C...III8ti-vr-. An remedies provided in this Deed of Trust are distinct and cumulative to any other:' Ti,ht
<br />or remedy under this Deed of Trust or afforded by law or equity. and may be exercised concurrently, independently or
<br />successively.
<br />13. Succ_ .... A..... _nd; JoInl .nd Several Liablllly; Caplio... The covenants aud agreements herein
<br />contained sh.a.ll bind. and the rights hereunder shalt inure to, the respective successors and assigns of Lender and Borrower~
<br />subject 10 the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall be joint' and several.
<br />The captions and headings of the paragraphs of this Deed of Trust arc for convenience only and are not to be used to
<br />I nterpret or define the provlsiom hereof
<br />.4. Notice. Except (or any notice re-qwrcd under applicable law to be given in another manner, (a) any notice to
<br />Borrowc:r provided for in this Deed of Trust shaH be gIven by mailing such notice by certified mail addressed to Borrower- at
<br />the Property Addr~s or at such ('t.(he-r addru.~ ~,. Borrower may d~ignate hy notice to Lender as provided ~~in. aQd
<br />(b) any notice to L-ende:r shan be givcn by certified mail, return receipt requested. to Lender's addreu stated hereln"- or-'--to
<br />such other address as Lender may designate by notice fO Borrower as provided beTCin. Any notice provided' for in- thi$
<br />~ of Tfl.J!t sh&U be der-.Alled to h;tV~ ~n given tD Borrower or 1.cnder when given in the manner designated herein.
<br />15. lJaiform DHtI of TI'DII; 4., ~~'~mblc 1...; Sevel'llhllit,.. ThiS form of deed of trust combines uniform covenants for
<br />nauonal use and non~uniform cO"enants wilh limned I,'ariatlons hy Jurisdiction to constitute a uniform security instrument
<br />cove-ring real pTopeny, This Deed 01 Trust shall be governed by the law of the jurisdiction in ~hich the Property is located.
<br />In the event thai any prOVISion or clause of thiS Deed of Trust or the Note conflicts With applicable law, such conflict shaH
<br />not affect. other provisions of this l)eed of Trust or the Note which can he given effect without the connicting provision.
<br />and to thiS end the proVisions of fbe Deed ot Tntil and the Note are declared to be: severable.
<br />16. IIorro..er'. Copy. Borrower shall be furni.hed a C<lnformed copy of lhe Note aud or Ihis Deed or Trust al the time
<br />(If execution or after recordation hereof.
<br />11. TraMfer of tile Property; A.......... If all or any pan of the Pro-perty or an interest therein is sold or transferred
<br />by Borrower without Lender's prior written consent. excluding (..) the creation of a lien or encumbrance subordinate to
<br />lhis Deed of Trust. (b) tbe creation of a purchase money $ecurity interest tor household appliances. (c) a transfer by devise,
<br />descent or by operatton of law uPJ;!l the death of .a jOlllt te,nant or (d) the gnnt of any lea~...bold interest of three years or less
<br />not containing an opUon to purchase. I coder may, ill I.eader's option. declare all the sums secured by this Deed of Trust to be
<br />Immediately due and payable_ Le-nder shaH ha\'''' u.2ll'.-ed such ophon to accelerate_ if. prior to tbe sale or transfer. Lender
<br />and the penon to wh.,m the. Property I.S IV be so:... OF rf;u~ferred reach agreement to writins that the credit of such penon
<br />rS satisfactory (-0 l.ender and that the intercst p.tyahlc Oil the l:'Utn'1' secured by this Deed of Trust shall be at such rate as
<br />Lender shall request If Lender has waived the option to :K--celt'rale provided in this paragraph 17. and if Borrower's successor
<br />10 lOterest has executed a written assumption agreement accepted in wruing hy Lender. Lender shaH release Borrower from
<br />.11 oblipllorn under Ibis Deed of Trust aDd rhe NOle
<br />It l..ender ex.ercises such option [0 tlCOOCnHe, Lender shalt mail Borrower notice of acceleration in accordance with
<br />para3r-aph 14 hereof Such noU<< shaH proVIde a penod of not It--:.s than JO days from tbe date the notice is mailed within
<br />which BorrOWC'f may pay the sums declared due. It Borrower falb. to pay such sums prior to the expiration of such period.
<br />Lender may. Wllhout tunher notIce or demand on Borrower. mvoke any remedies. permitted by paragraph 18 hereof.
<br />NON-UNIFORM ('OVENANl'~ Borrower and Lender further co..-enanl and agree as foHows:
<br />18, ,-\...lol1llioa; R......... En.,... provided in _..... .7 he_I, upon lIorro..er'. b",..,b 01 any <OVO_ or
<br />M<<rH'lIIent ()f Bonowr-r in 'bili llefll of l"rwt. ind..di.... tM ('uven..ta to pa)' whee due any 5UIIII sec::ured by this_ Deed
<br />01 Tnnl, I..,_r prior 10 ~ralion _I mail noli.. 10 .ofro..er as provided In ......raph .4 bereol spedfJinl: (I) .h.
<br />bRKh-; (2) lhr- action f"flIvired to ('un 'iuch bR'tKh; (3J II datf., nOl lna than 30 d8).s from.the d.te the noli<< is m.... to
<br />BOITOwrr~ by _hkh ~uch bft'ach mlllt be n...rd. and (4) th.t r.uu", to {'ure such bftKh un or before lite date spedfied
<br />in I" noticr- ...." lUutt in IICcrleration of thC' S4Uns st'cuftCI by lam D<<d of Trust lIud sale of the Property. ,.he notice
<br />....... funhu illiorm 8ornnte-r of tM ria.t to reinstair- after ac-['t'i~nt'ion and the litb. (0 brine it ('uurt action 10 IUiHrt
<br />the ftt)ft-f'llist~ of a default or .u~- other defrftW of Borrowu 10 at'<<Ie-ration and ~.. If tM breach is om cured
<br />on. or bdOft the ....~ spKified in the IIOfkto. l.enck-r .t Lend~r'" option may dedan all of thr- sums secured by this Der-d
<br />of T,.... 10 bt iRltltflliat.-ly dur ud pay.... "".ithout further demand Ilnd may in"oIu~ the power of sale and an)' other remedies
<br />pel1lliUt:d by appIic'.... law. Le.lldft shall be entitled to c:ollt-c' all r-elbOoablll' t:"osls and u:petil!S incurr-rd in punuinl the
<br />r.-.tits pro.idcclln lhis _..ph 18, lndndillll. but 0<>1 limited 10, r__ anorney'. I.eo,
<br />If tht PO""( of ~ is iowokN. Tnntt't' shaD R'C'Ord a notice of ddauU in each county in whkh the Propt'rtl or wmr
<br />pm ttwftOf hi Iocatfli and shaH mail copies of !litK'h noticlt in the mamK"r prr-scribrd b)' applicablr- law to Bonower .nd '0 the
<br />oilier,....... __ by ..,tkable 1_. AII.r 'h. Ia_ of SU<'b li_ as may be ""lulred by appll.able law, Trustee shall
<br />j;tiu' ,...... IIIOtin' of qko- 101M penom anti in the m.annt'-r prt1oCribr-d b). applicable ..... Trustee. ",ithout demand on
<br />Ionuw..... shall wIl the Property .t ptIhlit: e"lion 10 ,he bi&he~i1 bidcle-r et .he time- and pl.c~ Mnd under Ihe term.'i df!s~nah.'d
<br />fA dw AOIi<< of sale ill OM QJ' IDOI'C parcUs a_ in ~ft order as Tnm:ft may determi.e. T nnter- may P"pone- sale- of aU
<br />or ..y p.<<r-t of taw P~rty by ptlWk ."lICMtnc~lM"nt at the time and pia<< of any pftviously Khedulr-d sale. Lender or
<br />I..,......... ......... ...y .....-- the Property at any sale.
<br />t.:poe ftftipt 0(' ,.)mm1 of tbe price bid. Tru..\tft shaH ddi~('.. to the pun:haser Tru.tj;lft's dffd CUft\.'('yina the Pro~rty
<br />...... t1t.. nciIah in .he Trustee'5 deed shaJJ tw prima fade t','identt of tilt' truth of the- .\hlle-mt'-ftt.'i madr therrin. Trustee
<br />... ......, the p-rclli."eN.'i uf thr salt- in tbe- fuJknrina; urdu: h"U to .U rl"UODllbIr COlits and o:-petwt-s or the sale, indudiD~~ but
<br />not ~ Iu. l'~'s ft'U 01' nilll: IQIWe tban '.--: of.'" of the-Kf"U!\'Ij gJt- pf'ict., n..~bW >>Uomt:'y's tffi il.td costs of tUle C,'\idftnt'e:
<br />(lH10 alI_*,.,ned b. !IIls.lt<!dof'T......: wldt,. I....."~ itan" to the.......... or .........." k-K_U, .nrilled lhereto,
<br />... aen.wer'-. ...... '0 Rd..k. N(\tw~th5la-ndm8 (.emler'," ;)('(t.'lcr.HIOIl nl lht: :!',um. ,..',:ured hy (tw, D-cl'd ,_It r rW,1
<br />8orfO'lln"f thaB ha\<C the ffJht- h" h-av-t' oiny pH~mg'" Deilull t>'l l_-coder h\ cnfMct:' thiS Deed t}! '1 m~l J1S\."(\Hllnut"d ~f
<br />any ~,tne pttl)f to the t'arher to 0<.,');\11' oi {O the fifth day bt':fore the- '5-ale o-f fhe Property pur-:mant tn the P()Wt.',f oj -s..:tlt' l,,:,mlameu
<br />m lilts Oa:dof Tf'U!t or tJi}entf't" of it iud2mer\1 t"nf-tJI'1:lf\i!: tht~ Deed of Tn"" ;f fit! Rnfto"".cr flitl,"'i I coder ,lll s.unl... "'hl(.-h \,10 (\1I1d
<br />he then due \1n€k-l th., Jlt#d 01 Ton"., tilt' NOIe ;,od Il':;tes ~\..-lIru:;g PUllin: ^d'>'l:in\."C~. II any. h;hl n,~ ,l~'...'elcnlll(~!l (\o.:uHt'd
<br />(tH ll\lf'f(YWtt cutVo aU ['Heou:-ne~ of an)' ltthcr ({we-n.nt~ or agreem~nh d Borrnwel ronuuorl..1 m lhi.'i. 1k-c<.1 pi Tru,;t
<br />h;t &r-rl:'tWCf pia)'$- ~H rea-wMbl'c ~'pen\C't u't(.-ur-n:d bv Lend!!'r and Tnlsle-c H\ {'nte'ft.,:m!! ine l\~\-"t-"am" t,nd agrt"c-ments .'t
<br />8or.'''''''<'f (;(m-taJfied m ttus. ()eN o! .f Wilt iirat tn t~njof(:tng I_crn:ic,r\ and i ru...tee'" rt"me,.he-"S ft" pm\-'Idcd In pMa~r<lp-h !....
<br />~~)-r. tnd-ud~_~ but nut h.mJttd to, pt..%(-mab-t-c- attorney'" f('e-~. and fJ:i Bo-rmwer lake.. 'Hlch 3.,.{tPH a~ 1 f.'llder n1it\- l'ea"o.t'twhh
<br />t'tqmri:' In ~ fh-.t ,he- h~ft (>, thn: [xed t'\t 'lnJ:\1 I eHdcr'\ IfH~rt""'t In the Ptl~r1\- <IOU li-nr-r1".ct:r.. 11t>.h#ath~f\ ," 1',\\
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