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<br />S4~-- lJ0.2.946 <br />.' <br /> <br />r <br />I <br /> <br />9. Condemnadon. The proceeds of any award or claim for damages. direct or consequential, in connection wit~ 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 the Property, the proceeds shaH be applied to the sums secured by this Deed of Trust. <br />with the exceu, if any, paid to Borrow~r In the event of a partial taking flf the Property, unlesg Borrower and Lender <br />otherwise agree in writing, tMre shall be applied 10 the sums secured hy this Deed of Trusf such proportion of the proceeds <br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of <br />taJdng bean to the fair market value of the Property immediately prior 10 the date of taking, with the balance of the proceeds <br />paid to Borrower, <br />If the Prooertv is ahandoned bv Borrower. or if after notice bv Lender ll) BOTTO\.\'er thai the condemnor offers to make <br />an award or settle 'a claim for d-amages, Borrower fails to res-pond. 10 Lender within 30 days after the date such notice is <br />mailed, Lender is authorized to coHect and apply the proceeds, at Lender's option, either to restoration or repair of the <br />Property or to the sums secured by this Deed of Tnlst. <br />Unles-s Lender and Borrower othennsc agree in writing. any such application of proceeds to principal shall not extend <br />or postpone the due date Df (be monthfy installments referred (0 in paragraphs I and 2 hereof or change the amount of <br />mch installments. <br />18. Borrow., Not Rek-8Rd.. Extension of the time for payment or modification of amortization of the sums secured <br />by fhis Deed o-f Trusf granted hy l.ender to any successor In interest of Borrower shall not operat~ to release! in any manner, <br />the liability of the o-ri2inal _Borrower and Rorrower''i succeSS-ON In inreres.t Lender shall not be required to commence <br />proceedings againsl such s\JCCeS$Or or retus't' to ex.tend time tor payment or otherwise, modify arnort,judon of the sums <br />~eC"u_red hy this Deed of Trus.t hy reason of any demand made by the ong-ina' Borrower and Borrower's successors in interest, <br />f f. Fi}rbeataiiCof Ii)' LeIlllR Not.. \-ValVe'f. Any fvrbearitii~c by Lender in exercising any fight: or remedy hereunder"" or <br />otherwise affo~ bv ap-p1jeahJe law. s.hal1 IMl he a waiver of or precJude the exercise of au)' such right or remedy, <br />The procurement of j'os-urance or the payment of t.u_es or other hens or charges hy Lender shall not be a waiver of Lender~s <br />rlghl 10 accetentc: lhe maturity of the mdc.htednes.s secured hj' this Deed of Trust. _ . <br />11. ReIIM'CIia Cu_lIIIIttve. All r~mcdte:S pmvHied 1f1 thl~ Deed of Trust are distinct and cumulative to any other nght <br />01' remedy u.nder this Deed of Trust or afforded bv law or e-quHy, ,and may be exercised concurrently, independently or <br />..ucceuivelv <br />13. S..<1lOOOrs .... "..... _lOll: loin' and Sn.roI Llabl1ity; ('..plio.... The coyenanlS and agreements herein <br />(:,ootamed .s.haiJ hmd. a.nd tbe rights. hereunder 'iha.ll H'\Ure 10. !he re--s~-tlve SUCCC-..'i'SOr5 and assigns of Len~er and Borrower. <br />,ubject to the proVI$101U of paragraph 17 hereof All c\we-nants. and -agn~emenrs of Borrower !)haU be Joint- and several. <br />11te capnons .and headtngs 0-1' the par~r-aphs ot th-j~ Deed nf Trust ;ore ktr convenience cnly and are not to be used to <br />1otcr-pret or ddine the proVt$tOM hereoi. <br />14. ~Mk-c_ Ex_c.ept f':f an}' noth.."'C reqwred und-tJ .lpph-c.able hw to he given lIt another manner, (a} any noiice 10 <br />BOrTowc-r proVided for an this Deed of Trust ~h.all he g.lven by mading such notta by l::enitied mad addressed to Borrower at <br />tbe Property Addren (>r at \'ouch other Midres.., ~ Borrower may desIgnate by nohce to Lender .13. provided benin. and <br />1 b; an;' f'..once' fo Lender shilll t-.e given b\' c-ernfiOO mad, return rtt~tpi requested. in Lender.;;; a-dd-mss sUiuro hemn or to <br />~uch t~the! ~!'e2 a.o:. Lender- may ;j-~ii!:".:1h~ by n"~Ke !O Bcnuwe.r a~ p-rnt..~ ~rtm. An)' nott=: prov~ for in t.-'lii <br />fked of Trust shall be: deemoo H: ~.1"t been gwen tD Borruwt:.r t,~r lender WBe-_D gfven In the manner daipated herein. <br />t!~ l}nif~ Il<<otJ 01 T~ '.Ol'unifte L.",; ,S.tVtmlllillt)'. 1 tm form oi tit"cd of I_rust combincs unifonn covenants for <br />fu.uona1 U~ and non-uniform {O'-e-n.ams W11f1 limIted \'arla{lOn:\ hy junwlciton 10 constitute a uniform security imtnunent <br />-..:t.T\'l:'nnJ re--ai pr-operty Thl5 f>.ecd ot TrWit ,,!la!l he g(Werne-d h\' the Law (If the lUnsdll.:-:tfon 1ft which the Proprny is loeated. <br />111 the l"veot that .un}' rrtWt\.It....f} Of ,:~1IU$C" vi 1h.1~ Pew (if l' rw.t [~i lhe ~\.'t{c ~;onnjcu wuh apphcahle law. such conflict ,shall <br />not affect othcr pnn'l\lOtU- .It ttl1~ ~ ('If fnal Of the Nott' whrch c-an ~ glven crI~1 Without {he- confhctlOg provISion, <br />itUO tn tht); ('oJ the prO"\.'t:ilt)-ll'S: fit ~he I>eui- 01 rrt.Bt.oo the N~').t( ;ue declared I() he severable <br />16. ~'Jj (:0',.. &CTOWer llhait bI: lufthahcd:i "onh)tmed ,i-<."lp)' \~l lhe N\>te iIInd (.it thn- Dew of' TfUM at the time <br />elf Cl:ecutiOO or altCt' recoro-atlOtl bcteol, <br />17. In.fer of tM PNpaty: ~ Jf.nO ~,r illl~' p-i\rt n-! the Pft':'tpeft'r or an Interest thert-in is- sold Qf transferred <br />h)' Born..'}Wcr without Lender':. prtOf \l,-nHcn ~;;m'ii:n.t. (;,dudm~ ! ii t the ,,-reatu.'J.l1 of ~1 lien or -encumbrance ,!Iubo-rulnate to <br />1ht~ r)ec(! nf Tru:'ii, ~ h) the cn:-a.UOn 01 a fl\nc-haK" fl'l()fl-4t~ !j-(-~ur'1ty wtefe.'i:l k~r househQld a.ppbanca. t,c) it tratu-Cer by devise.. <br />d~c-nl ('of hy upeU:hor. of law -upon the Juth ,.f <l ft~lftt :Cf'Hf.-f)1 (if I d) t~ grant of llny lea-sehoW iUlet-e:M of three ye,an or less <br />n-\)l contamm, <lIU nph-Ofl 1\1 purchuc. l.c-rkH:r rl1a~. ~t i cntief'~ optwn. \leduc a;j tbe $U;:ns ~ufcd hy this Deed of Tntst to- be- <br />lruft'~l!ud,. due ~nd ~Yr!~.. Lt:~r ~h-~H ~.-->!...!" "" {!y~~"t1 ifJ4:ll fi~*~')--n t<:~ ~J#..!'a!~ !L perm!' to ~he s-:!!"le ('f t."!U!..cfer~ u~ <br />anU rhe- pe-fwf1 h) 'ko'hom (-r.e f'TuPCf1Y .3- to he soiJ 01 ~f~f~~(:n-c:d h."ad! agreel\l~t 10 wt'tinf tiun the- credit of $uch penon <br />ti sa.t1s.f~(ory h.) LE'-Odef and lhal the m-te~t p~Yllbk': ~~tl H)C' "'-l.Hn~ l'4~ur'Cd by thl'li l)eed 0- Trml !haU be at $uch tate- as <br />I.('ndc:-r shall reQual. H l.(':'lkk,.- hail waived the nphO,ti h) K;;;elcn~f(,: pn:wtd-cd 10 this paraeraph 17, and jf Borrower"1 $u<<ossor <br />,n inl~t h.iU e_u:..;;utCIJ .a wriUcn -OiUUnlph<.\fi a-$rw,me.fU a.'t"~ep!t:d Hl wnuog by Lender. Lmde,r -shaH rejeue Borrower from <br />~n obh&.tJ~ under ttu!S Deed Qt frU\t iJ,1~ the Notf:- <br />a Lc.nder C.l.efCf'M!.!i M.lch opuon to a.<':~lt'krate, I c-nJ.e-r ~h.il:,!l m,'ju~ }jOffUWC-f nvHce ()J llccekmuion JO uf,.'\'i()rdance with <br />par4&l_ph 14 he_reo! Sueh a..lli\;(' ,~-h.H pHJ~ id(' '" pcfl!-~ l~i n.,}! !e~!j; th--;1u ,H.\ d.i4Ys frQffi the date the ootke 1$ mailed within <br />Wblcll BoITt'l1KC-r maj' p.:a)' (~ \-Ufln dt\;l.r~ dUt" It BofhlWCJ L)!l~ h) r..\:t) MKh -'urn) priOr W (,he expirat-lon of such period, <br />Lcndef nUl:)'. '~!lthout iUff~ flt...'lt.'I.--e ~'f I,.ic-ml:tod on U~~fWWCJ, lfHo'\.\t.t au'll femcdi~ penniued by paragraph f 8 hereof. <br />NON-UMFutM (--OVt.Ili,I\Nh tf.ofh.v.-.'(:[ .tnu L('OO4:;- further c'-We""of And agree a:\ follow, <br />18. ,\,.._....... a.-.. t:.upt.. ,...._ i.. _...... 17 bcnvI, u_ _......., b.....o:l. or .ny co__ or <br />.._.., <>I ............. in 'M. I...... ..I .......... i...-1Mln& the ,.......... 10 pay....... d... any .u_ _uteG by Ihio Doe;l <br />..I T....., 1,._, prior 10 .n.le.....ioo _I moil ..>1.... I.. 80<,....... ... p.o.ld.<1 ill ........... 14 h...or opeclty....' (I) .he <br />bh*"~ i2) Ill(' .... ,.-t'qu,iffll to nlfY '"....::h tt....ach. ~J) a dat~~ lKlt kM .-be... 30 da" frona'the date tb<<- notice h .... t-o <br />8erfu-~n. b) ~tak-b \Ui:h lHT.d\ mWiC b(o "nred; attd (4_1 .... f..lw-e t-o- c\lre MACh breacb OR or befun th~ date tipedJied. <br />In I-Iw -tilu.l-M:-t' may I'nWI I-P jh.\.'rie-...llOft ul the' MI... M('Uf'N by Hib llefll of traM .:04 uk of tlte t"mpef1)" 'Ute noti.:!', <br />.J:taU lurt&wt iNonll Bo-r:ru"'-~t of the' ric.' to- l~t"~ aher a,{"~k-r.Ciufl ;ami the rilh. '0 brina. a court .diem tt) dWrt <br />the noa~.:UsIaw;~ -oi . dd.ati1t UJ" aa) OlMf ddflbt' of BOI'n,JM'tl- Hi -lIC1:C!M:raticm and salt:. If fhe bf'f'ach " om cured <br />,-)ft .u.r Wort tlw dat~ 'P"i6ed in tllrt noUn', LtRdfl at I.tnck,.', o-P'''o Uta}' d<<lan aU of the Miat:!; KCu:re4 by this DMd <br />~'lf lnnt '-0 be jftl4llf'diatel)' d.w and pa,abk "idW-Ui h.Jfdttef d~mand and may in"'okt' th.. p4l-,*cr of!iale and abY OIhe-r re-mcdies <br />p.<<1IIUtt'd b-) ."ak.... la.. l...t"D4kr Wid be- t'nulkd tu ('oliff... :.Ill fetiOubW ...:Mis aDd c\:pelUiQ incurr~d in plAnulne .nt <br />..__ "..,w.,.s in 'hll _nopIt Ill, indu<liaa. but ",,' limited 10, .__ a"......).'. 1-. <br />If tht pGa-ff of ~ it btt....~ Tru.iC<< ~baU re,-'u.ru >> mdU:t' u-f default ill e-.-b (OUltl)' ill tt'hkh th~ VrOtH'ft" Of ~OIue <br />pu1 ........, lllo<"Wd """ .!utl1 "",II ........ uf _h _l<,. i. II<< ........, p...cribed by "PJIlkaw. law 10 lIono.... """ It> 'b. <br />,)law.... pe-~ PftM:ribc4 b, appli.c.... ....... ,,"fIn th. laP"f of ~("h fithe all- fmlJ blI! t'<<tuired by applk-ab&e la_. 1'"",1H "haU <br />a.h-C' ,.- ~ of ""* to rite pe~ aJHt IP ftw milDReI' pr@:~ritwd b,. .pplic..... "\lit. Tnhitu. without &fto.rw.*,d on <br />a.no...... .... d... Propet1) at pvWic: ;Mk.t~ la tltil' hicbest bi4kkr .. tht' .-inw and pbK~ and under fhe feflm dfticn..t~ <br />in the JaOtkf' of -"*'c m 0.- UI" mote panek and in welt onkr a!!o TnlStee mal' de-.-t'fm.iM~ T f1JMee- ma} p05tpotW ok- of .U <br />Qf' H.)' per-t.-('l of tile I'roptfly by puWk il.ftDC)tlQCeJMUl at Hte' fhuC': aftd p!at:c- of an,. pre.,kmsly :li.(beduled ulr. J.f'ndn or <br />l."dV' ___ _, p_ 1....1'......rty at an, ....." <br />t;JWIIl <<Uipt 01' pa)'UleQl uf _ prb bid:~ r~ ~ detb~r In Uw pun:,ha!liC!:r T-ruM<<'~ (ked nm"~Y-lDJ the PrtJpt'fl) <br />~" n. ~ in- Uw Tl'1bilee's deed ~ be priaw flJlci<<o t''''tddK'C' ....t the truth of tM statements n.... t~. rmM~ <br />.. ~ t_ ~ of 1M ~ tn rbe fttBo-in<< or...: ~al to iN:JJ rt>-.!ilUlWbk ,'ost~..nd ellptA~~ of the saie. inc:IudUttt, but <br />...........~ l~'~ f.<<fl, t:Jt 0lJt tt:torc- U:uw ~';J of I~ of tiM' ~f\.IM-.s.ak pm.." TeliLWJfUllbW "UUf'llt'-,) ':0 ftc.omd ~"tbl~ uf tit"" ,,\'idt'J.K~. <br />IOJ lU" '....... ~.lUWi.ju ~ ~ uf l",,"~ ltAd- (c 1 Ow ~'\..t-..'M.. if an} , In die pI'-.fSUU o( pttSiltrul 5eaaUy r.nt~Ued tbenttu. <br />19. ~-~"111 ....... to .....~.. Nl'l-tw~th\;.~andJng Lt"mkr'., '\('""d('-fOlUP4j u! lht. ~um\ ;.c\;urc-d hI<' dw. D<<o of' 1 fU,>1 <br />8n'h~-f ",h.n h.ve the nibt In ha\'c: I.IN, p-ffx:e~Jin.-) begwi h '("nder h' t'Ofl)fl..'l;' thl\ Ix:cd {ll 1 rU'!.j ,h'l-i.'ontmuc-d al <br />.H~1~ HtM pn~Jf to- the tSU1f(:f to ;..-}!;:\::Uf ('If fn the fifth d.a) hdH:~ the ..ale \1t the PH1pc.nV put~uan( ~,l the pO...-';:f ,,;.' ~~lk (l.m~.Wl-....-d <br />;-ntht\ ~nf 1'fU-~ P. ~IH-ently v1 a .ludiflWO-I enlo1!;mp; Iht~ De-t"d -ill Tru'u If, (aJ BO-rrU'4-Cf pa)~ !t."",Hlcr ,In 1,Ufth '\I.hn.:h 'I<'i.Hdd <br />he ihtn dve 'l.U~ t!H~ l,><<u uf l!"Hr..L the Nute ';;~_hj rn~Ii."1;, 'M'_I.:!lnng Futur,.; Ad\'~fk.--I,."", d an~. ha..J f'![_~ ,K...:dcr~-dH~n .)\..~..:mn.;d <br />itlj 1'k)ft..-~~r ('U_-O:," ,\11 hfC~h(;:lt ,,( a.ny ()l~f un'~n"nh or <ila-1~t-m-t:nh ,)f li,)rr.:--''''-'cl ,.'nHuncd Ifl H1h in-cd (.t' ! !"u~! <br />u.:) 1k~f-fO"'~1 pll-.fli an ~'t4:M.-:>n1!h~ iZ'f~n!oC" ,ft('urred h, t t:'Hd(,f .a/vJ TIu,,<tC<C: ~l~ ndi.1,u!l.!t; the \,(1-'Q:'Il;:U1h and .'1gH~f!H':nh .'f <br />h-()ff'UiW"r -t<i)n~oIltn~ in ,hl,!l. f~d ~lf '1Ht"il ~lt1d m ~ni._\tl;,'IH5 1 t-fh'k.-", Mod rH,I"tt,~"~ \..;1l14'>ihn "1~ pilrnd\,,"{f In p,tfagf<iph ll<f <br />hcf~)t m,*JHJ:j-~" b1.~f m.~ ht'JHt~J"hl:. t~~ln~hk M-H(?H'hC'~'>" t~,_ ;,md {d~ >>U1"l'D\(,"(", t...k~,~ "u"h .ij;..-it;~f\ iI:\ i. e~i-c-f 11M\- 1"1"'\.....'1'l"I:>1\ <br />r'li1-qHtt~ f~; ~:ti!-\.iH' ttwt,{ ~~_ !tc<-u ~'>J Hu~ ~ t~1 In~~f. 'i:'nikt ~ IHj~t'C~t H1 In..: PHlflen... ,ind tJ'I}thl>"\'f l; "hh~a(!l.)l! h' i'-" <br />