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<br />84-002915 <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 shall be paid to Lender. <br />In the event of a total taking of Ihe Property, the proceeds shall be applied to [he 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 Properly, unle.'is Borrower and Lender <br />otherwise agree in writing, there shall he applied to the sums secured by Ihis Deed of Trust such proportion of the proceeds <br />:.is is equal to that proportion which the amount of the sums 'iccured by this Deed of Trust immediately prior to the date of <br />laking bears to the fair market value of the Property immediately prior tv the date of taking, with the balance of rhe proceeds <br />paid to Borrower. <br />If the Property IS abandoned by Horrower. or if, after notice by Lender to Borrower that the condemnor offers to make <br />an award aT settle a claim for damages. Borrower fails 1O respond to Lender within 30 days after the date such notice is <br />mailed. Lender is authonzed to collect and apply the proceeds. at Lender's option. either to reS1oration or repair of the <br />Propeny or to the sums secured hy this Deed of Trust. <br />Unless Lender and Borrower otherwise agree In wrHlI1g, any such application of proceeds to principal shall not extend <br />or postpone the due date ()f the monthly Installments referred to In paragraphs I and 2 hereof or change the amount of <br />such installments. <br />10. Borrower Nol Rf'Ieased. Extens.ion ()f the time for payment or modification of amortization of the sums secured <br />hy this Deed of Trust granted hy Lender 10 any successor lU interest of Borrower shall not operate to release. in any manner. <br />the liability of the original Borrower and Borrower\ succcssnrs in lOterest. Lender shall not be required to commence <br />proceedings agamst such successor or refuse to extend time for p-ayment or otherwise modify amortization of the sums <br />secured by this Deed of Trust hy reason of an\' demand made by the tlrigina! Borrower and Borrower's successors in interest <br />It. ForlJeauncr by [.rader Nol Jl Waivrr. Any forbearance by Lender in exercising any right or remedy hereunder, or <br />otherwise afforded hy applicable law, shall 00[ he a waiver of or preclude the exercise of any such rigbt or remedy_ <br />The procurement of Insurance or the payment of tax.es or other liens or charges by lender shall not be a waiver of Lender's <br />nght to acceierate the maturity (~f the mdehtedness ~ecured hy this Deed of Trust. <br />12. Remedies Cumul"h'~. All remedies prn:nded In thIS Deed of Tmst are distinct and cumulative to any other right <br />or remedy under this Deed of Trus.t or atforded hy iaw or eqUity. ,Ind may be exercised concurrently, independently or <br />:-.ucce1.Slvety <br />13, SUCCessoR.and A.ssiRns Bound. Joint and Several Liability; Captions_ The covenants and agreements herein <br />~ontamed shall hmd, and the rights hereunder ..hall mure to, lhe rt~spcctlve successors .and assigns of Lender and Borrower, <br />...ubJect to the provj~)lons of paragraph t 7 hereof All i;OVenanfs and agrc.ements of Borrower shaH be joint and several. <br />fhe (.'apllons and headmgs Llf the paragraphs of lhl'i. Deed nt Trust are for convenience only and are not to he used to <br />Interpret or define the provlslons hereof <br />14. ~otk'~, E.\'.:cpt fOf .any nQl!ce ,...~,qulled under applicable !~I\\- 10 be given in another manner. (a) any notice to <br />Borrower proVided for In this Deed 01 Trust shall be gwen by mailmg such notice by certified mail addressed to Borrower at <br />lhe Property Address or at ~uch Of her address itS Borrower may designate hy notice fO Lend~r as provided herein. and <br />I n.1 any notKe to Lender shaH he given hy cernfied maiL return recetpt requesfed, to Lender's address stated herein or to <br />',uch .other address a.s Lender Olay designate by notlce 10 Borrower as provided hereiD, Any notke provided for in this <br />Deed :.":: Trusl '!ohaJ! ~ deemed ;l' ha'!e heen given to Bormwer (If Lemler when given In ~he manner designated t-.t=!e!n. <br />1.5. Uniform Ilftd of Tru.'it~ (, '...-o:--rni.... I..aw: Se"l"-rabllh~'. Thl'S form l)f deed of trust combines uniform CO\"enants for <br />national u~e :lnd non-umform covenants with I1mlted \ anallOns hv lunsdli.:lion to constitute a uniform security instrument <br />uwenng nul! proper1\' Ibis. Deed {)t fnn.l ,hall he- ~t.werned b\ Ihe bw of the JunsdictlOn in which the Property is located. <br />10 lhc event rhat -<HI\" prtWl~iOf1 or dau:\c ot Ihn. Deed oi Tru!ot \If the S~lte I..'onfh\.,ts wllh apphc.able law, such conflict shaH <br />lint affect othe-r rn)vt~lOnJi llt !tm Dew o! 'frus.1 or the Note which (an he f!lven eft'cct without the conflicting provision. <br />,tOci !O lhl;, c:nd lhe rrUVI~lOfb {11 the Deed \\1 f)lls-t .tUO ,he ~()H' .tfC ",k-c!;HC'tl tn he severable. <br />16. I\onowrr's Copy, .Borrower'ShaU be..: tUflH~hed <'1 -.:-ontormcd L-OP)' (If the Note and (Jf this Deed of Trust at the time <br />"t e Xel.---utlOn or a tu:r recordatu:m hereot <br />17. TfllMff'r of the Propnty~ A....,......~ If aU 0-1' any part "f the Prope,ny or an interest therein is sold or transferred <br />by Borrower without Lender's prWf wnlten consent. ndudtng i;t I the creation of ~ lien or encumorao(..'-e subordinate to <br />IhlS Deed o-f Tm::~Jl, ! 11) the- ereanon o~ a purdUtK money s.ecunty rnterest for household ;.lpphanccs, Ie) II transfer by devise, <br />,Jescent or hy (\pe-.ratl0n -i,t law upon the dnih of .a !oint lenant or (d) the gram 01 any leasehold interest of three years or less. <br />not conlaming an option 111 purchase. I enaCT may, ;-ll I ender\ npuon, declare al! the Slims secured bv this Deed of Trust to be <br />Immediately due and payable. Lender .,haU have wUlve\! such optmn to accelerate :l. prior to the sale or transfer. Lender <br />.md rhc: penon :n whom the Property 1:'0 10 he- ~ni-d pr iT ~ns.(crrC'd rCUI.:h agr~ment 111 writing that the credit of such person <br />'s satn!.tactorv to Lender- and {hat ih~ mter~t yi'lyahk un !he \lHTt,'\ "occurt:d r.)' thl'S Deed (::f Trust shaH he at such rate as <br />Lender shal! fCqUC$L If Lender ha~ w.uved Ihe t)pHO-n hi <H.:cciefi.itc proVIded in this paragraph 17. and if Borrower's successor <br />in ifitC-ft."'St has t',xCt:utcd >i wrHte.n ;t..S,!iunlptlon agrL-"Cmt"ot oI~;;.ep{eti 01 writing bv Lender, Lender shall release Borrower from <br />.Ill ohlig-.1Uons under Ihi~ DeW of Trust and the Note <br />H Lender exercIser, ~uch option W acu~lerate. l coder "hal! .nall Horrowcr notice ,If acceie-ralion 111 accordance wilh <br />paragraph. 1-1 hereof Such ooUcc s.hall provHJe ,'I perH.'\l1 lOt not kss than :;0 days fronl the date the notice IS mailed within <br />whu::h Borrower mii~ pav the sums dl.'i,;!afed ~!Uc. it llofl'o.....e: tad~ h; p.il\' 'ouch sums pnor to I,he expiration of such period. <br />Lende,r ma~', Without tunhe-r notice 01 demanu i~n Borw'Wcr, Ilwl'ke <\0"- rClnedlt~S permllted hy paragraph f8 hereof. <br />NnN.t.:~lfflltM COVENANT'" Hormwer .ind L('n-dcf lurther covenant and agree a~ foUows: <br />18. '\"~\'rWrattoA. Rltlftf"din. EII.~" &Ill pro.1ded in pancraph 17 hr-ftOf. upoIl BorrowC'r'J breach uf any co"..nut or- <br />ae~mt'nt ()f Borro"'f'r In this Inw of frus1. indudiDJ: 'tnf' t.~-ol-ltollnb to p.Y whr-o due any IJUIftI 5Kured by this Dr:ftI <br />of J rust. l.~nde-f priOI to lK"1.'elera.ion \:ball mail polk..- to B()fTo~r-r liS pnnKlr-d in par.:nph 14 hereof sJM'cifyina:: (1) thr- <br />bl'C'acb; tl. lM ;t>diun r~ulR'd to curt' ~ucb br-n-t'h; I~H a d.ft>, not I~~ .hall 30 day.!i from J:he date tbt! notice is m.iled to <br />8orrow~r, by which ~tl-dl b~'h mUM be.- \. urflt; lIt'1d (4) that failun to "'~I'e ~uch breach un or belo<< the date specified <br />in Uw nutkl(' may r"uU in aC('('k!-rJltwn of the MJJtlS !>I.'('uft"d In thh. need or TrtA1 Rnd sale of the Propert)', Tbt' notice <br />'loh"l lul1b<<-r inlol'm 8o.rro""rr of th(' nEhl ru remstatr- after a~''''e.('r-ation and thlt riChl to brina a l'UUn action to tl.uert <br />the nt..n-t'~is1e..u' of a ddautt uc an\ other defr-nM< nl Rorw,.'er to a<'("t.'Jrralion and sale. If Ihe br~ach is no' \~ured <br />dR Of ~f6rc- the- d"~ spK1ficd in Ihe nulkf'. Lendrt at Lender'", op.ion may de-dare aU of the ~lJm!t '!teCUM b'\" this Deed <br />of Trusl 10 be ..nlltt"di.at1:'l) dUt and p.aya~ "ithout furtht'r demand and ma)' ill\'oke th'f- power of ~... and an)' other rt'mt"dif'''i <br />penuined b}' ttpplkabW Jll". Len.r sbail be- e-nti.ll'd 10 ,,'ollect aU r('awn.bt~ t'osb and t'lpeMtS incurred in pursuing Ihe <br />rr-m~ pro.MIed in th.b parael'llph 18. indudiRl. but n<::,t limitt"d to. ft'1KOnabk if..orney's fe~, <br />If the po"er of "* is ltu-o&<<I. l.rustff :'JIltaU rennd .. Imlke- (If deb<<" in radl (.ounl)' in "'hleh the Prof)("rt) Of 'OfUl' <br />p.u1 tbrft1)1 ... &Ot...led and shall mail COptft of ~U('h fwtk" in th~ mamtf:f prf'!tI.-ribc!1:1: b.)' appli<'.... law to Borrower and to the <br />other ~n.u&'t1t Ph"kribc'lf b) applk'.bk la___. ..\flrr thr "tpM' of ~u.:h lime w, mil) t~ rt'quirrd by applkablr- la,,'. husler shaU <br />KJn JNlWic notk-e- nf sak 10 thE: P<<"U8!oo and in fh~ lUa....er pr~crll~d b) applit"ahle law, Tnt~tee. without demand on <br />Borro.tt.. ~ wli UK' Propet1) at puWit: .uchon to Ihl;' hflht"~' bidder at the time and pta("t' and under thf' tl"rm~ des~nated <br />in Uw aoik-t' of li>aIe in one or more pan:f'h aPd in .\'uch nnkr a~ rnls'~e nUt)' ddE-rmiM. Trll'~'n 111.1&" pm;lponr !l,8.le uf uU <br />fH' .a} p.an"d of tbC' "rope") by publ.k aQ~n':~mt"n' al Iht' tlm~ and plan uf an)' p,.--.touM.l ~-hedulcd .sate, tender or <br />1_', ___ _y p_b_.be J>m...rt) .....) ","" <br />Cpoa ret:'t"ipt uf p<tymeut ~J u,~ IJd(,'1; hid, rru~U<t: ~h:.JI delher to lhe Jl-Un:ha.wJ' Tru:o.l~.!' dt.'flt \'011\'..,'18# the Pro~kn~ <br />'!iUld. 1M ret.'ittis in tht- frUSift's d<<>d "l.hMU bt- t.ritRiI f-iK'k t'\'idern:t.> of th~ truth of the ..1.iltem~.U1!> mack therein, TruSh't' <br />.JJ,aj1 appI} the pr(l(:-fl1b (If tM I'<ak in t~ tt.}Utn.inx o-rtk.-r: lat in aU rca"illKUtblt l'U\-b dod t'%.~n~" vI' thL' ~lt.. indudin!;t. hut <br />nul thniWd to. r~'", fl"huf nul mure than t,~ 01- ,e+ of Ilk ~r-tb!!.!r.U.1t- prk't'. rca~)'lUtblc atlonu:') '" f~~ and ('osh of filiI:' l'\ide-n~...; <br />lb. 10 .n'i.UQh,~t'd in lbi~ [~ot'rfU,.~; omd ~Cl the-L'''-\--e.,,~,ifa.n~. to lhe pt'OtJII Of JM:rMttl:\ ~all~ l'ntiUed then.'h'. <br />19, lSonowt'n aia"" to Rein..te. 'Jol\lo'Jth'!olil;nd!n~ I.cndcr ~ .h..I.:('h;r;illl1n I.i th\: __lll1l" "n-d1\:d h\ rhl~ Iln:\! ,'I 1111~: <br />UO'lftltwv.r ~haH have the flgh( (0 ha..e ,-HI! prlX.'et..'dln.ll' tlt::1tlln hy 'rlHlel 1.' rnlt'f"C- lht... Lkt't! ,~l I [u..,1 .Jl!'o(tltlt!!luni <if <br />.'\0)' fun~ pfhl-f In rhe C'Arh.....r to iX~U' \.1 Illll-w.:- fifth Ja.. hefnl(' rhe' ",lk lOt Ihe Pro~ny pur...-\.J.i\fll 1<) the p-"-\~"~r \11 ~~\li: ~\lPlltllH..J <br />'n rh~ l~;d nj' l~q\t '.;f !Ii! t'-ntr) :~! il If/Ggmenl t';;~o;;.!nF: ,h... Dt{'J ,'f f ;-1!lo-i;l '..il HnlhHq-l P,1\'\ I chi.k! ;J!] ..\lm'i ",hit h \.\ ,">,dd <br />b(\ th~'n dt~ u-ude$ tht~ DeCtl lOf -ffU"~. Th~ No-te .-wa 11,,1(''1. ...t'"ltI!n~ F-tIlHfC '\th-'an,-'t" d any, In,l fk' ,1'Lt:iL'Ll!If.tl \'>.:l,.Ill'J\'d <br />i~~ 8-On"'*~t l.:H!l;-' ~dl h(-"O-;iil:-he~ ,,' aO'l- >t!her l.o\'-t:I1_<wh '.H l!.l.treCIH("nb I'! H"'n(~~Cl ,l'onlallled '" Ihl-. {)t,"(-d ,'I 1 t;i.,J <br />;-.:) lkMIH1,l,"-<S !>jo)y~ d-fl te-.....~.nilhk ('\~n~'.. iTM,..Ul'l"cd 11.., I ('tHkf .;nd lp!....lee In ~'nil'f,'jnJ<!- . tit' ,,'\LO,Hlh .1'ld :!~~jc{~;nnlh ,'I <br />fkJt'r{,i~r 4-\m~~.Ht-(t'd In ihl!!l f)<<d <'1 lnl"l .HId Itl t.nttH\,lntl,. I.e-m.icf" ,1/11.1 1 !\hHY'~ ..onctJH~' ,I' ff"-''-hkd ~p p.ll,t!,tr_lf'h <br />i)~l~-o( .~ludt"l" hut n~..t {litutO:! to. re$'\1.Hl~{lk .tt!o-rne...." -.HH.t Idi B,Hfn"""Cf !.~t.;1."" "'U,--f'I c'H Ill'" ;,'-'0 I ~.ndt"l rH.n 't'.1""'II,th1', <br />~q{Hr~ \n "''''M!h~ fhJt, 1m j,c,n .pt ttH'\ [)r,:('~i;d if!!..., I " ,r.lett',>1 '(I lh~ PfPf>(.'IT\ ,tPD H'f'l"lt~I" ., ,-.hll~,lj;,,!; (" <br />