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<br />I" <br /> <br />84--002917 <br /> <br />by this Deed of Trust Immediately prior to the date of taking bears to the fair market vaJue of the Property immediately prior to the date of <br />laking, with the balance of the proceeds paid to Borrower> <br />If the Property 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 s.uch notice is mailed, Lender is authorized to collect 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 paragraph:; I and 2 hereof or change the amount of such installments. <br />10. BorroWfl' Not ReIeued. Extension of Lhe time for payment or modification of amortization of the sums secured by this Deed of Trust <br />granted by Lender to any s.uccessor in interest of Borrower shall not operate to release. in any manner 1 the liability of the original Borrower and <br />Borrower's successors in 101ercsl. 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 />II, Forbearae<< by u-oder Not. Wahtr. Any forbearance by Lender In exercising any right or remedy hereunderj 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 ~ a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this <br />Deed of Trusl. <br />12. Remedies (:ulllul.tive-. 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, Su_.. .1Id AsIi.DO Boulld: Jolat .1Id Se..n1 U.lliUty; CaptloDO, The covenants and agreemenlS herein contained shall bind; and <br />Ihe nghts hereunder shall inure to, the respective successors and as.~igns of Lender and Borrower, subject to the provisions of parapapb..17- <br />hereof. All covenants. and agreements of Borrower shaU be Jomt and several. The captions and headings of the paraarapbs of this Deed of Trust <br />are for convenience only and are not to be used to interpret or define the provisions hereof. <br />14. Notice. Except fOf 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 malting such notice bv certified mall addressed 11) Borrower at the Property Address or at such other address <br /><i.~ Borrow-er may deSignate by notice to lender as proVlded herein. and (b) any notice to Lender shall be given by cenified mail. return receiPt <br />requested. [0 Lender's address stated herem or to such other address ~s Lender may designate by notice to Borrower as provided herein. Any. <br />notice provided for 10 th!s ~ of Trust sha!1 be deenwi to have ~n glvC'n 10 Borrower or Lender when given in the manner desipatedJiercin. <br />lS, Uniform Deed of Trul. Goyemi.. L8w; Severability. This form of deed of trust combines uniform covenants for national use'and <br /> <br />!1Dn-u!:!iform t.:O'!'!.'!l..ant~ wHh hmit~d va..ri~!!ons I:-oy .:unsd!cticn to constitute a tmiform security in~tt".Jment cove-fir..; rea! property. This De=! of <br /> <br />rrust shall he governed by fh~ Jaw of the JU ,...teUO:) In which the Propert)' IS located. In tbe event lhat any provision or clause of this Deed of <br />Tnm or the Note conflicts WIth applicable Ja\ilo. ~uch ,-'onllie! shaH not affect other provisions of this [)ced of Trust or the Note which can be <br />gn.en d!t~\.-! WlthOUI the Cl>nflh.'tmg prOVIsion, and 10 flus end the prov1Slons 01 the Dt..~ of Trust and the Note are declared to be severable. <br />16. Borrower's Copy. oorro'.,e-f ..hall he lurn15,hed a .:onformed copy of the Note and of Ihis Deed of Trust at the time of execution or <br />aft('f fct;:ordauon hereof <br />17. rn.lld~r of tM PrOiJft1Y: .-\ISUIIDptioao If ail or any part of the ProperlY or an interest thereill is sold or transfened by Borrower <br />wlthom Lender'., pnor wntten -.:onsent. excluding (a) the creauon of a lien or encumbraDt.'C' subordinale to this Deed of Trust. (b) the creation of <br />a pur..:ha\e monty ;,ccunty mterest fVi hOllie-hold apphal'h..'eS. t...) a transfCI by devls.e. dcsl.'ent or by operation of law upon the death of a joint <br />H."nam Of td) (ht: grant of any leasehold interest IJ! three year~ or l~ not conla.tnmg an option to purchase. Lender may. at Lender's option. <br />Jt'l.Ja.H. aU lhe ..urn", ~Ufed by !hts [)erd of [rust tQ be immedlatdy due and pa)'abte. lender shall have waived such option to accderate if~ <br />pnor 10 (he sal(~ fa !r~n,tt."'r. I t"udet n_mi Ih~ p<"r~_ln !~l whtl!n !h<: Pr(\~fty Pi It) be :mld Of transferred reach agreement in wriliDl that the credit of <br />such person I') satt~ial.:-(ory to Lender and I hat the lmerest payable on the sum:. secured by this Deed of Trust shall be at such rate as-under-shall <br />request. if Lender hlb WaJ\'M Ihe opuon (0 a..:cd-eraie provided If) this paragraph 17. and if Borrower's succ-essor in interest has e...ecuted-a <br />wnllen assumption agreement a\,xl'Pled In ~ rltlng by Lendef. Lender shaH rdea.s~ Bel rower from all obligations under this Deed of Trust and <br />the N'lHe <br />Ii l.enl.ieI cxen':IS~ !\.u~h I..l~){hm 1u al.;\.:eleralt:, l.ender ..hall mail Borr(lwt:T ootil..'( of al:cdcralion in accordance with parqraph 14 hereof, <br />Su~h notll.,'t' shaij pro\ide a penod of not J~~ tha.n 30 daYlI from the date' {he nol1t.-e IS mailed within which Borrower may pay thesunu declared <br />Jue, If Borrower falls w pa)> sut.:h ,um~ prll.lr It,) {ht: eXplfath:>n of \uch pe'f1oo. Lender may. without funher notice or demand on Borrower. <br />inh.Jk.e any remedl(~ f)eTnlIllCO 0) paragraph IS hert"")' <br /> <br />,l <br />1-'tl <br />Hi. \~~~i~~: ~~~_ 1(1[....01'" bhnided in Dil........oh 11 herw.L UDtMI Borrower'. ~ .....l. 1'1 .~........... of <br />Borrol\~r ill tllil Deed of lrusl. loclvdi.~ tM ~u.etlaAts to ~.) ;"';0 due ..,)' i!iUIDI ~..red bJ d. Deed of TiW&':~ _' to ~ <br />>hall mail aolico to Burro.... .. provid<d la _II 14 _I opeellyi..; (!) tile b_lI; III tile KIlOll ntIlliM 10 care _II ~; (3) . <br />d.t.. llOl!too lha.a .10 day.. Ir..... 1110 d.lo 01 nolico i!J _ 10 Borro...., by ..bleb _II b_1I ....t 110 calM; .M (4) t"'tlallare 10 Clift _II <br />br__ oa or bdorotllo dat. .peellled In tile IWIico may raultla ___Uoa 01 tho.a_...,..lM by tlli> Doe<I olT"'" """'01 tho Properly, <br />n..., notia !ijJaajJ f.tlkl laform 8orTOW'C'f ollM rilht 10 mUlate- 1ft" Iccdenlion ud 1M nlll'lo bri.. . coar. aclioa 10 UIeI1I_ lIOII- <br />Uisk-Ik't: of . d~fault OJ" U} other .'e-tue of Borro_cr to acc~....lioa and sm. If lite brucllls ROt C1lrN o. or before the date apedfted i8 the <br />oota'e, l...ftMIfi .11A''''r'~ opuoa mal decl8rt all of 1M Slims SKIInG by this llftd of Tnast to be Illu_dil..l'ly de.... lMIyable w,....., I.rt_ <br />__ aDd may 1..000..M po.... of ""'" aad llll) otllu ..._ pormlllnl by .pp1icab..I..., ..._ oltallllo ..tl_ 10 collect alI...-..... <br />("1)$" JUNi ~.J.pe:A.W5 iMUilTftl 10 pUN1li.. the (,"media pro~td<<G In (his paralnlpb 18. irtdudiD.. but not hau'ed 10, reuoubW .no""'1 'ea, <br />If dllt p~nnl of ude is In"l'oklt4. TnutH u.u fKurd . Qottn uf default in l'JI~h (,UUDt) in 'tI!'Bkb (1M- Property or JOllIe p.... thereof b localed <br />&lid sllaD uWJ c.upjts of ~udt notiefo io tlW IDa.... prt':ICribtd by applicable law to Borrower load 10 tile OIlier penoti ptftCribed by .ppIk8b1e <br />1&.., Mt.. tho Iapoo 01 Iud tl_ .. may 110 .....llin4 by .pplicab.. I.... I'nu."" ...&11 Ii" ....bIlc nolico 01 .... to IIIe ........... .114 In lIIe ..._ <br />prt:Kribed by applicabJl' t.w. Tnu.Iee. ''1itllotlt dauaad C)Jl Borrower, 'ihall8dJ. the ProPH1J .. ptlblk ludlon to tile bit_. bidder at the tillle <br />ilDd plan aad u-lMkr'1M' 1t'-rJ:IU daituted in tIN: 1IOt-kt- uf sale in om or mort parcfl!i and in liucb order u Tnl8lH IDa) determi.if. TrtlslH may <br />poItpuot qk of aU gof aD) pan:e-J uf tiN' Propen,. by puh&k IUlOOtJUCt'IIkDt III lk lime and p&.<< or 10) P~"lou..h .5Cbed.led laIe. Leader or <br />1_', dulpoc _y p.lCh_llIol'r~y .1 any"",", <br />t;poe recciJM uf ""I8e'.' of 11M pria: bid. l'nulOt dall deli,," 101M ptll'Ctwlcr rl"U'itft'S dftd cQ8"r)"i.. th<< PTopert)' Juhj. The ndlaB in <br />lbe 'rnaiH'. deed UlaO be pri.... fack nideeu of t.... INU. of tM ~t.trtDftlt! made {henie. Trulltft shan a.ppb !~ proceeds or tft ~.w in tk <br />fulLowiaa (N"IlI:r: tal to all 1"RIO~('Oj.'" aM n~AIa olt8e UN. i.:KIt.41ft.. hut QQ' UmitN to, Tnti,",'" fft$ of not mott' lha. ill!,! <br />Qt I_"lfo. dk pri<<, r..iUOII.b&e- .no,.)". 'tel aDd totb or dtw f:"'Idt-nu; lh) to adl iumllo ~uA'd b) ,hit ()eW uf hU8i: !lAd (e) fbt' eu~. If <br />iUl), lQ ,.. ptf'M)1l ()t pc'nON kt., eaulW tHrew. <br />t9, aonUW~f'" Ria'" lu kdllAtalt, !\iQ\141UI1tid1hj;t'1j{ J I';'fh,lt-r \ ,1,-\t'i~'f.il!hln <,' !lu: ,,,lib ~t;'Ul!,,'d 1:">... \!u,- l'Nx-d ,\I ! ru~!, B,_lfre'~Cl ,had h;/;\t. <br />.ru;' ftgtl\ ,; h.....r .jUn prOU't\t11t\&'" l~1.J.111~'\- i '("lUj.-~; ,,\ ('nluJ'>.-t' '!H\ ih'-'eI,j .,1 1 '\1">( In._'-'ldHi~ll't,: at -in. ;,:nt' }tIltH ;,; ihe n:illH'J i,\ ,,",elll <br /> ,,! 1111hl" <br />':!th J~. heflluo \tl<t \-.41(" ",f:i'kl: Plnpcrlj.- pW.U4nt \l, :h.(" tW/O$Cf ,./ "..k "HHt,ilfH',;j ,:: :h,~ [_~~ ! fi)~\ .ll rp<F'\ \') ,~;'H.1i/.ll,Cill L:rIld;\!Il.)l d\h <br /> <br />':'';h'_\'1I'~;" <br /> <br />NUN.UNiFORM COVENANTS narrower and LendeJ futtheI l,,'()\'C(Uml and atlree dS folloM:' <br /> <br />lJ~'_'!Cd ,'l 1!\J.o.. "t '3i fU,l!l>J1Ilo(;! P'lIi'~'-;' I f';~(kl ~ll "Ufl],. ",l_w,h -,,",hil-d h", (I'Wi"' ",I"" '.l"dn <br /> <br />~k'-t'..i ,'_I 11\,;;.1_ ,hI" '<.1\(" .H,d [j,.j(-~ -.{:,-,,~!hit i \i'tilt <br />