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<br />002978
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<br />by this [)reed of Trust immediately prior to the date of taking bears to the fair market value of the Propeny immediately prior to the date of
<br />rakilljl, with the balan~ of the proceed. 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 da.ma,es. Borrower fails to respond to Lender within 30 days after the date such notice is mailed. Lender is authorized to conect and
<br />applY the proceeds. at Lender's option. either to restoration or repair ot' 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 tbe monthly installments referred: to in paragraphs I and 2 hereof or change the amount of such installments.
<br />10, Borro_ Not~. Extension or th<: time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />granted by Lender to any succasor in interest of Borrower shall not operate to release, in any manner ~ the liability of the original Borrower and
<br />Borrower's successors in interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for
<br />paymen.t or otherwise modify am.ortization 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 />11, F_ by'- Not. Wllvor. Any forbearan~ by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by appUcable taW', shall not be a .-aiver of or preclu<ie thcexer-cise of any 'iiuch righl OT r~i\cUY. The pn:;~..uremmt ,of irHurIU'1.CeOi' L'1t pa)"ment of
<br />laXes ot other liens or charges by Lender shall noi be- a waiver of Lender'foi right to accelerate the maturity of the indebtedness secured by this
<br />Deed orTrust.
<br />12, Re_ C...._, All remedies proVIded in ,his Deed of Trust are distinct and cumulative to any other right or remedy undeuhis
<br />Deed of TrU$t or afiorded by law or equity. and may be e..'l.ercised concurrenliy. inde.pendently or successively.
<br />13. S- _ AJripI_; Jola. .... _I LIMIIItJ; c...-. The covenants and agreements herein cootalned.sballbind,.and
<br />th-e rights here-under shall inure to. the respective successors and assigns of Lender- and Borrower. subject to the provisions of.par....ph, J7
<br />hereof. i\J1 covenants and agreements of Borrower shall be joint and severai, The captions and headings of the parqraphs of tbisDeed of.Tiltst
<br />are for c-onvenlence only and arc not to be used to interpret or define the provisiom: hereof.
<br />1-4. Notke:. Except for any nonce- reqwred under applicable law to be given in another manner, (a) any notic:c: to Borrower. providcd:ror.~
<br />this. Deed of Trust shall be given by mwHng such notlce by certified mail addressed to Borrower at the Property Address: or at such other-address
<br />a$ Borrower may des.ignate by notice to Lender as provided herein, and (b) any notice to Lender shall be given by certified mail.. retum.rocei.pt
<br />requested, 10 Lender~s address stated bereto or to su...--h Other addles.!- as Lender may designate by notit.--e to Borrower as p.rovidcd herein.. Any
<br />nolU;:e pro,".~ded for in dti~ Deed of Trust stWl Dr d~ to have been given to Borrower or Lender when given in the manner daipIated baciil.
<br />13, UIIl'_ ~ of Trul; Go.-.. La..~ s.......lIIIlIy, ThlS lorm of d<ed of trust combines uniform covenants for na.iooa1_lllId
<br />non.uOlform covena.nts With bmned '"'VUlIIOns hy jtirL~ctjon to constitute a uruform security illStrumcnl coverina real property. This Deed of
<br />TrU!i1 ,hail be governed by th-r ta","- of the lun:adtcuQn m .....iuch the Property IS h:l'(:ated. in the event thai any provision or clawe of this Deed of
<br />rrU~1 nr tht' Note l.."Vntlkt::. "'lih awhcabic la..... such cont11ct shall om afft'Ct other provisiOns of this Deed of Trust or the Note wbidl can be
<br />given e-Hect Vo-'ltbout the conHi-t.,mg p:rov1!Hon, and to thiS end. the pruvlSlous n( th.t Deed of TrUSI and the Note are declared to beseverablc.
<br />lb. Borrower',. L'npy. ll()no~ ~h.ail be hlHUs.hrxi a I.~onformed .:opy of th~ Note and of Lh1S Deed of Trust at the time of execution or
<br />..die lo..vfdaUi:~n lit:f-evl.
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<br />11. Truof.. of tlot I'roporty; ,,--,11011, II all '" any part of tho Properly or an U1terest therein" sold or transferred by Borrower
<br />"'"1thou! Lendcr'~ pnur ,,~rntten n)fl~nt. el.duG.m& (A) th~ creaoon of a hen or cfH."Ulnbrancc- subordinate to this Deed of Trullt, (b) the: creation.of
<br />d purchase money socunt~ UUCft'St for hQUSC'hold apphances.. (1;) a tram/a by devl-&e, dcsoxnt or by operation of law upon the death of a Joint
<br />,-enant O-f ~d) th~ gtl10t of any letiebold intt:rat ot' three yetiS or las rtO{ cOfiiamlrtj an oPtion 10 pu.rchast. Ltndcr may I at Lender's option.
<br />ll.<<"tan: all th{' 5um~ ~urro t<y ltU.lI L)eW (\i Tru...' to t'lot' l:!lu-ned,.tdy due and pa)'-able. Lender stall M\'t: waived such option fO accelerate if.
<br />PDQ! !C !h<; Wt; !..~! tn:!ftste!'. Lemier Mid the poer~)n to ""nom the Property l~ to be sok1 or (r~f<<ttd -f~.h !l--!-f~nt in writing that mc,eredit"<tf
<br />such penon 1$ !SaU)I&C-l.or;y to Lender and thaI the tnteresl payaWe on the :!lUm~ s<<urcQ by tlili ~ of Trust shaU be at such rate as Lender shall
<br />request.. if Leoder ha> WAtveJ. the vption to an~knue pr-ovlded in thi1 paraeraph 17. .and if Borrow<<'s successor in interest. has ,~ecutcd-,.
<br />wnUcn a.~umpuon asreeo.~H a...::-'.'cpted Ui .,o,"otm. by i ,c-n4cr. Lcnlkr !!hail fde~ Borro~a from aU obHI.tiQ~ undc:t tbis ~ of TfUit iWG
<br />!he Note,
<br />If Lender e-xer";I.~ ~u\.'h opUOU 1.0 ao..--derate. Lender ~haH rnw,l H{}fwwer nQuce of acceleration in accordance with pa.t:....apb 14 berC(tf.
<br />~ucb n-oot."C ihaU pn.wwk -a pt~nod of IlQt I~ lht.n 30 days from the date the notlf,.~ IS mailed within which Borrower may pay the sums declarlCd
<br />~iU(!. If Bon'ower fat" tJ p.tl) ~u,--"h !,t+m~ pom to the expuaUou tlf su.:h penoo. Lender may. wilhout further notice or demand on Borrower~
<br />mV\Jkc: IUly r-('~es pelmincd Of palaj:laph 18 hfteot
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<br />NON.CNI.fORM COVENAN-P.>. Borrower an<! Lender further ,"wella"t and a,rie_fOllb_,.
<br />1&, AC<OIftaIiOll; Re-. F:'upt.. p""Wed In ~ 17 bo....', ,,_ ....._'..... of U)' <0'_1 or..-I of
<br />IIon'ow.. la t.... .~ or Tnul. 1-" llot <0,_ to pay...... due .n, .._ __.... by tlIIa DoooI 0' T..... ........Ilrior 10 --....
<br />.... mal1 _ to Borrowu .. p""Wed ID ~ 14 lotnof """")'lJoc; !1) tM _; (1) Ilot aeIloa ~ 10 ClIft ...... "-II; (3) a
<br />daIo. .ot ... _ JO "- ,..... tlot dale of ._ ill ........ 10 1Iorro...., by wllldl ...... _ _ lot c......; a" (4) .... ,..... .. ..... ....
<br />_. o. or ....fonllot daIo................1lot _ _y raII1.......-1ioa of Ilot _........ by tlIIa DoooI of 'rr.t _...., Ilot'-'Y,
<br />flot _ .w f_ illf_ .......O.fi of Ilot ri&IIt 10 _w .1.... ...-Iioa .... Ilot ......0 brIat a COIIlI aeIloa '0 _ llot --
<br />~ of a ..aIIlt or Hr _ .._ 01 .......... '0 .._ ......, II tlot _ It _ ...... oa or lotIon Ilot ......lIflIdflool...1lot
<br />_. L_ al U8d0r's optIoa _, -. all 01 llot _ __ by tlrio DoooI orrruol to bo ...........y due _ payaWe ........ .......
<br />_ .... .., "'Yoke tlot po.... of...... u, otlotr _ ......1W4 by aptll1c:ablo Ia.., U8dor ,Who .lIIillotllo roIIocl all ~Ioio
<br />_.... _ -.... 1..............1lot ro__ ,.....Wed 10 tlrio _,. 18,lndlOd1aa. but.OI II_led '0. _.,,_', 'Nt.
<br />If llot po_ of "It ">01104. T_.... .....onI. IlOlko of dtf....t in eacll cott.ty In .._ tho Pnl(IeI'ly or ..._ pari _lit_led
<br />.... .w _ ....... 01 _ _ I. tlot _ ...-n- by "HIkablo .... tv -.0... .... to llot OIlotr _ ..-_ by .pflfl<ablo
<br />fa... Ahe< ,lot ~ "I_II _.. _, bt .......... by IlpIJIicaIoio Ia... Tl1ItWe _... pabk ._ of" 10 tbt _ ....1. tlot --
<br />~ b) ............., T_. _ _ OIIlIorro...., sW tol1llot Proportl' at pabk _Iioa to tlot 1I.............t tlot 11_
<br />_~a'" .....Ilot _......... ill tlot ._ 01..... .... Of mon pa__ .... ... _II ..nit< .. .r....... .., _..., f....... may
<br />"""- .. of all .... ...y ,.,.,.. of tlot P........, b, pubk __ac_t at tlot time .... plact 01 ..Y pro.loat1y oc_uitd ... Leudtr 0'
<br />.........'........, ,~ Ilot "'_I>' .1 ...., MIt.
<br />t!_..... of pay_I of tlot "'" bioi. T_.W dtII.... 10 llot p___ T.......'. ...... o.....ylq tlot Proportl' oo1d.. 1.lot ndt..l.
<br />tilt ~'. _.w lot ...... faclt ~ oIl1ao tntllt of tlot ota_.. ...... t_., T_ tIIa1I .pp1y llot _.... or tlot MIt I. Ibt
<br />f...............' i", tu all r-...Ioio <_ """_ of Ilot _. lod........ ..... .0; l1ttoIIMI to, T_ '.INt 011lOl more t..... ." '".
<br />O'f tilt ..._ .. .prioo., ,-* ._y '.1_.... ._ o.f IIIlt .._: .bJ '0 all ..... _.... by Ibll 1_ 01 f...t; ud \<, tlot n<_, II
<br />lIIIY.'" tlot _.. _1OPlIY Olltidod 11Itnfl>.
<br />t9. ..'fn'W.~....... to..........,. NMllr:i-f:h-1tanilina l.ef!A1~J'" a.~t.:clerauon 'If lhe lH,.uU'J', s(':!...-ur~ b'! Hufi. DttJ of rf\l$l, HOHOwet ~hllll "4'1.(-
<br />~.Wt nlfH Vi Mw(', an,.- pt-O\.'<<'dinp beJ\.d1l b)' L(:lMki ~~) e-nfuH,'(; itn~ l)eed of rtu~t dt~"()1u-it)ueJ at an)' !un<- proOf i\.l Iht (,,4flti':r I(! l",:(UI vi 11) Ihe
<br />HUb Ja.t~ t".-rcnt ;M: .~tJ~ l-~f lhf P.tUpctt~f ~'lilM~U4JH lA,~ ih.e p.l.'i1!ii11CI {).f lak "l.')fU~flCd m (-hn t~ \..r In.J-50i 0: IU; entf\' ;)J i< ji,jJg1l).(,iH rnf-otl"lf\tl,
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<br />t)wd iJf Tf~ ff H\} Boft{Kl!r'.cf ~)"!\ L~no,k:- aU ~~un.~ wb,Kh \O!OltW l)f; UK:ll d..t'( 'juye d1\:'o l.~~ -<:~t fnl:'!t, ~ht- ,.....llt(" <'iJkJ n..;.h'~ "1.~t:unni f l.!fUH'
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