|
<br />84---
<br />
<br />003005
<br />
<br />9. C........... The proceeds of any award or claim for damages. dlrecl or consequential. in connection with any
<br />condemn.tion or other takinl of the Property, or part thereof, or for convey.nce in lieu of condemn.tion, are hereby assiped
<br />and shall be paid to Lender.
<br />In lhe evenl of a lot.lloI<ing of ,he Property. the proceed. .hall be appli.d 10 the sum. secured by thi. Deed of Trust.
<br />with the excess, if any, paid 10 Borrower. In the evenl of a partial talr.ing of .he Property, unlcss Borrower .nd Lender
<br />otherwise qree in writinl, lhere sh.1l be applied '0 the sums 50ClIred hy Ihis Deed of Trusl .och proportion of the proceeds
<br />a. is equal 10 th.1 proportion which .he amounl or the .um. secured by .his Deed of Thill immediately prior 10 the d.te of
<br />'aJr.jnl bean '0 the f.ir market value of the Propeny immedia.ely prior '0 lhe dale or talr.in" with the bal.nce of the proteeds
<br />paid to Borrower.
<br />H the Property is abandoned by Borrower, or if, after notice hy Lender 10 Borrower Ih.lthe condemnor oft'en to lIl8te
<br />an a....nI or settle a c1.im for d.m.F!, lIortower fails '0 ....pond 10 Lenoo within 30 days .fter the d.te such notice i$
<br />maned, Lender is authorized 10 collecl and apply lhe proceeds. ., Lender'. option, .ither to restwation or repIlir of'the
<br />Property or to the .ums secured by Ibi. Deed of Trust.
<br />Unlcss Lender and Borrower otherwise ...... in wri.ing, any such application of proceeds 10 principal sball not ""leIId
<br />~.:cl:"i'=~':..d"" dale of the monlhly in...llments referred to in paraanpbs I and 2 hereof or cban,. the amounl of
<br />
<br />.1. ........... Not R_ Extension of the lime for paymenl or modi1lcalion or amortization of the sums _ured
<br />oy thll Deed of Trust panted by Lender to an)' !UJCCeMOr in interest of Borrower .shan nOl: operate to reiease, in allY- manner.
<br />,he Iiabili,y of ,he oriJinal Borrower and Borrower'. s""~ in inlerest, Lender sball nol be required 10 COIIlIl'leIICl:
<br />proceedinp aptDSI such 5UCC.euM or refme to extend time for payment or otherwtse modify amortization of the.-sums
<br />""""red by thiJ Deed of Trusl by reason of any demand made by the original Borrower and llorrowcr's __In lntcn$t,
<br />I., F___1Jy LeJo*r Nat. W_, Any forbearance by Lender in exerclsinl .ny fiab! or I'llIItOidY hereutlder, or
<br />"therwi.. .!forded by .ppf.cable I..... ,hall not t... a w.iver <>f or """,lode the exercise of any such riJllt or reonedy,
<br />fbr prOC1Jl'ement of imurance or the payment of taxes Of other liem or char.. b~' Lender shall not be a waiver of Lender's-
<br />nlbt to acceiellue the maturity of the Indebtedness secured hy rh-lS t:leed of TlU$t.
<br />ll, _ C.......~. All remedies provn1ed '" .b" Deed or Trust .re distincl and cumulative 10 any 0I1ler riabt
<br />or remedy under tbis Deed of TfUlt Qr atlonkd h)' l~w or equilY. and may be ~crcised concurrently. indepmdendy or
<br />,ucceaively.
<br />I), Soo<.- _ ~ _; ........ _ !leYeral I.........,; (:.pdoM. The coven.nts and ae-nts herein
<br />cnntamed Ihall bind. and 1M ogbt, hereum.lcr ~haH Inure 10. the- respe-ctl'\'-e SUCC:e$$OfJ and amf115 of l..endet and- Borrower.
<br />,ubject to the pro"'l51OOS of paragnpb 17 herro! All covenan.. .nd .gr""men.. 01 Borrower sball be joinl and _I,
<br />The captIOns and headinp o~ the paratuphs of lni! [)eed of Tm!l are tor convenience onh' and are not to be used to
<br />Interpret or define the provtt.tOQt hereof
<br />14. Nedte. ElttpC for -any notlC~ reqUIred lI'n'~r aD-ph~i&blr.: law h") be given ;n another maline-f. fa) any notice to
<br />Borrower prov<<led for lD ,!US Deed 01 Trust .ball be g"en by ma.bng such nolice by cenilled maUaddrossed to Borrower al
<br />{JKO Pmpe-rty Address I.H at ')och orber lIddreu J.J; 8ot't"OWer ffUlJ destinate: by notice 10 Lender as provided _ herein. and
<br />f h) any ,wtK,-r to 1.cnder dlall be gIven by ce!tltkd rnaif < mum ~""Cipt reQueJ;ted" t.o Lender's addraa stat'" herein- or- to
<br />such other .ilddrcu u l.t:cdc:r may Catenate: hy noHce- h.1- Borrower l!Ji proYlded beretn_ .\ny notice provided. for in -this.
<br />rleed of Trmt !J\all be Jtcmed to b~VC' been J.l"!!fl fo Bonowc-f or Lender wben liven in the manner desipaled herein.
<br />I!. l,..,..,. lJft4I tIf Trwt; G.""'*-II,.-". '~..."e"""". Thft. form of de~d of tn~t \:umbina uniform. covenants for
<br />national rn.e ilOO IWfHJ-fHform ;:"{lVenant'l Wllh hm1tt:d \-8:U.JlthJ-t'\1 h~ lun.sdtChOf1 t(). constit.ute a uniform security instrument
<br />..:ovenng real propertv llu,;, [~ of Tnn't ili..1\ he go"erncd h~' th( faw o' the lun.Jdiction in whjcb the Propert)' it; Joca.tccl-
<br />In lnr ('vCtlt that am. prOVlStOn nr da\At oj tnt' Dc--etJ ,~l Trmt (\f the Not-t \"onflicts with applicable law, such oonftiet shalt
<br />not affell othc-, pn'T\;'lS,W.11 i.f t!'tIS Deed \lot 1 fWiI {--., the Note wht(;h ("-an he ,rven tff<<1 wttbout the cont1ictin, provision.
<br />~nd 10 lhn end the- pn:rvllli'mJ of thto lleoJ 1lf rrwt and t~ Note afT dechued to b~ se,,--er.ble.
<br />l6. aenoWft"', Copy. BortowC-f dlaH b(o fUff1;tbed a ,"oniormcd \,'opy of the Note .00 of this ~d of Tr--ust at the time
<br />,)1 e.r;n-"Uon \Jr after r<<."Oniauon bercof
<br />17, T........ of tloo ~.. . .11 " .11 ," .n) part of tn" r"'P"nv or.n ..Ie..... Ihcr~.. .. sotd or If,":,"ferred
<br />l*) 8Prrower Wfthoul Lender'1 pll-{"lf ,.!frlr1efl (_-on:K_Ot, ~,-dudtn. 1 ~ j foe ere-.hoo of a hem or encumbrance subordmate. to
<br />lhtc\ r~ of Tnnt. lb) the cfe".UtM~ o-i a purch#:se money 'ie"";;Urlty lnte-fC$t tor m\UX"hokl Jpphances. (e) a lfl-ntfcr by devise.
<br />,J(:'!joCent or by (.)-pet'auon of 1*... ~~ lM_~th l.-'lt.lO r(:J~t t(!na~t t~_IJ) ,he .ar.nt.~t any ~~oold in~r~~.ot three yc~rs or Iea&
<br />i...-,;( cum<lmm,.n o-ptKm W pur...-~, 1 t:f~f r'i'Un. ,H l ~nucT' I>PHl."I-O, I.!CCI,1UC WI the rums w(;ura! try ,htil; [>eed ut TIUSllO be
<br />lmn~ialcl)' due ..nd pa-YilnK, L~ndc-r ~H haye \l\.iltlVe4 lath O'ptt{l.f1 W i'll.:t:_cj(:fttr.e If. pnor to the nle Qr tramfe-r~ tender
<br />oint! the IX"non 10 whom the- _ Property a t....1 be t4Jid fl-f lnUlil'tefT~ fe-.it~h 31~"WU in wnun, tha. the: crodit ()f such penon
<br />iC\ $...litntat."1of) to L~ndet l1-fIiO th~t 1M ult~f-d\.t puy-abh: ,-,-" lh(: !'UN\:) :lo-C'(.UfetJ b'", lhf~ Deed 0: Trw.i $haJl be at such rale a~
<br />I t'nder wll ftque:Jt If I coder M~ ~'.I"VN tM (.).pt-JOO in .t'.;Io:cdt-fO\tc pro\'IOOJ m Ihls paraa.rapn 11, a.nd if Bo-rn)we-,'s lUC(:CUOt
<br />'0 mictnt iun C'_"C'CU-f--N it WllnC1~ U\.umptK'm .,f<<mtmt a.",~cptc:d 111 wrwftB h)' Lemicr, lender sbaU rc:i-eMc 8orrOJWer irom
<br />
<br />J:U ot;~~=f t=:'f::' )~():tt~~~ ~:~clC::at~~C"ndn \hall m.l1 H{)rt-u*e-r noth..'C of a-c-cetc::rallon ill a~'1;Ofdance- with
<br />potrapa,ph 14 ~f"Clt[ ~b nutM.-c $lull pt'o'Hdc .1 f)(:,f1(oU vi fu)t k~'i than JO day. from t,be dllte the ooiice Is maited within
<br />""h<<;:n Ikuruwer Ol.~ pa~ lh(- ~ums de.::-laroJ due, II &fH"l-~C:f L,Hl~ 1\1 pa~- stich \Unb pno-r to (he e_~ptrati.OQ of such pc-riod,
<br />t c~r fnljij', \Wuhout funkr fb.P{K-t' Of tkmand (J-fl !i...fWWCf. lfwo-..e aU\ remoo!<:S prt,rmiucd by puasr.ph 18 hereof,
<br />
<br />NtlN-LI'I.If1.*M l n~.N"-NI\ iiotruwCf aM iCllotks luflt1'f-t ~uveniln. .ulti .lIiiee a~ fe-rHo....
<br />
<br />18. "'en........... 11_ "".-cpl.. ,"ooWed I. ......... 17 Ioe.fl>!, .._ ..........". _h III ..., ......_ 0'
<br />.lft'lIWat of ..............- in .... l}ft<d uf 1 fWiL *_....... tlw \~u\-C'.....u to pi)' ~'_. d... u, tl_ IU'Yr~ by .eu. Deed
<br />nf 'I~. I ntdff prior tu x('dt'-f"alto-n .....,. ...... tmik.. '0 Ilorro"('f ~ p,u\<id..d in ,.'....... ... h...M 5pwiryt..~ (1) .....
<br />~'h.. ,.t. 'M oK'iou r~v"""" '0 01", ~u('h b-""41dt-:; t.ll . d.-C!'. aoI ~ than JO b)'1I fru... the dat:~ the notice- is maDetIi '0
<br />aorw__rf. b, .'bith '\uch __*h rnlMl be- <i.u.t"d; /lad t4. that ""w-C' to ,-urt' Iltteh bftM'h on uf Mfor~ Uw date !f,pedfie.d
<br />tft thot htltk:t' ma~ 'NUh In M"t:dtratioft u.' ttw wo..'" "'M'U.-flI b~ tb. Ilffd ul TruM Bod ..... of t~ Property, 1M nudn
<br />",1uIIi funkr "alM'm AoTro-"""'f .of Uw netic iu rt"tnMatt" afkr acn'k-radon aAd 1M r'II"1 '0 briltl " CHit .c.-.ion to IlAC'rt
<br />1M QiOIH","t"IlU' of . ....11 ur .0" oellf-, dd~QW of 8ono~n to tK'leWra;ttcUl and..... U t~ bn:ach ~ poC {'u,ed
<br />tift Dr btfon ._ da~ ",,".JIWd in taw -noIk~, L......' at Lf'DCkt''t upfion m.) dt-dar-e aU of .hr !iUIR!i secured by Iha UHd
<br />uf I tlPl '0 lK imtlloNliatd, d.. and ,..,.w.: _ithout fU.r-tftl:f dt-m.nd .nd ,...) in"f)~e 11M- po'Wf:'I uf We and any other remed~"
<br />IN:",,klfli b) .~ l-ali.... 1A'a4c:' ~ be- t'Rlitkd tn ~.-olkl"t aU f("tiOnable (-tAb and exlH'RW~ irn:ut'h"d in punuiOR the
<br />r~ pro...Mkd in thM, pane,. 18. iud........~ but ftQf nmitfli It')... f~~ altClf1le)"-s ltD.
<br />If ... po_-r-r 01 qk b- in...oIl.rd~ lrmt<< ..hall rrnuo III Rut-ice ~)f dcl'aul1 in ('.,'h (:o.uDI, in ~hkh th~ P-roperl~ Of !lomt'
<br />part tht-ft"Dl b ~-..~ ...41 lli*'-b IftaiI copin of ~\kb nutKf' III lhe- man-lM'r pffl>t.,..i~ h~ appIk'.... hlw 10 Borro",,"'~r .nd fo tht;'
<br />0......... ptf"WHb pfn(......d b, .appIk.... aa-.. ~ft~ lhe' lapw of liouch ti~ >>:'/I m.) he requ.ired by _,pUca'" ,.-. -rru~ft slulll
<br />line .,.a.tic. ou~ of ~ eo tt. pet".'MMh aud ill ,.. m.\Illfkf p'l-n.c:ribrd h:t .pplkable I..... 'l'nWe<t. withou.t dltm...d on
<br />.......c-r. ..... wJt.ht- Pro~t1" ai ,uwit *U('fjoft lu t.... "'CM'!l1 ~t .. 1tM-- timil.' .md pl.u' ;Ind urult-r Ill", fnn" de,.iltna1ed
<br />!tI ttw IIOCkr of -.It mUM' Of mort' pat('~b and in ,-..d1 (I("ek, ih hu...1:<< m-a,:, d-e-tunUnif. I mslft.. m.) pf>>fpullf' lIoillt< uf .U
<br />1M .., ....u.--d of ,.... ~rt)" by pvWk aOROU:Jl<<flknt sf (hi< hm.. lmd plan of an.) J1ft"\'iou-'tl) _...~-hed.-d !iaU. I rRt'kr Of
<br />1,,_............ _, ,.....- 1M Prop."I} at ..} ......,
<br />t.-. ~ ul payownt ~,f dw p-rkl" Nd. T~ ~ (kjj\'~,- tu t~ JJtJH'tutlill'{' lru....ttt'.. tittd CUft'\t")Ulj( ttw .-nlpt'rt)
<br />-'d.< r.. ~ i.. tht 1'",!i1<<'-~ ~ ... tM- prt.mM facit- """KWIk."\: tH thr truth oj t-ht" \.t-att'1lk.'flb Ill'" Ihn-t...n, I'ru~h_~
<br />'lri.... ~ 1_ pt'tK-" Oof thr ~ in tiM- loUu"'--if~ ordn; HI! II.) ..U rNlMm..bk <'tl!lob autl npeo.!\o uf Ult" 'IoHk, fndUt1jng. hut
<br />Jl9I ~ ttJ" Tf1Il\tft'r. ft'n of not moJ'" (haw '); uf l~ (J.f Uk aruM> wt.w prk~. f'('lt;l!Utl,jjl:bj~ iall...-I....~" ff't'.....oo ('O~:oi of titk- ('\ id...nn';
<br />.hll.o all... ~fd b... tlu~ 1~ of rl"tH.1; and lC i ilk nn-'''~ if lift.". In fb.. P'~hUo- Hf fM':n.uu... k-pU~ et\ttdt'd (Mnto,
<br />
<br />J., ...........t.t: ....hl '0 .ft....... "Pt\,ll'l~h...~..n;;:hnji l en~kr... .h,,('h'f.tlH,fj ,If Iht, 'lmh '--('~tH..:d h~ ~h,... Dt;"t';J "l !"
<br />BnHU'Io.,..cf ~h.il'i h,,\'(:: JIW flg-ht hl ""Pif .an\' pl,x~t~dm~'" hq~un h" I t<IHkr (nt,'rd' Intl> [1(>~\1 (\1 I rt~"l ,hh\'"illll'ed <.1
<br />-Il-ti)' ht1'M! P'tit-.r l('! I~ c.-lifel If~ t)!.-t,t-H ~~f (11 ttw fifth ..i..\ ~~tnf(.' lh..o .....Jh; df tf)e Prpl);.'O\ J."lf'it.Uilt11 I,' I!-It.' 1',)Vq..'1 ,'f "~lh: "'fil~l.In.-d
<br />'!ilo~h*t~-dnl t't1.11of.l."111!IenH)' {.f".;t jtldgfH'\':nt {'II;'JI,"H\~ th;... [)e;:-J ni fqH.i II 1..11 Hnl'"'''''''''' pi:'l\\ I ('ndCl ,.H \1111'1\ ....h,;.ti ,..,.,dd
<br />hi:' l~n dut' l,~.<k1 ~h~~ l)e~d .;~f frH-\-t, tht "'4nh' ->.lll;j nnh:, ;,t:ttHH\+\ f.UIUft. -,\j"3o"e" ~t Iln.., !H,d 1'\" "h~d('f;tll,'" i'....,_.Il;~,d
<br />1'$)1 ik1'lf't'l-.,.;# .\.t-h''!. 4H b-rw-Oj,,_'hf''' ;If Ail,! ,'I!1e-, "flt't'OA,nt';. f;f ,igH~efll".'ill'" ,-.! !tCHnt\\\"1 "L,'nl..lfh,'d ,n in,.. {In'd ,-.t 11\1'-J
<br />l"J StPH<f",,-er "."'J,, ~U 'C4l>t,lna-hk Cl.prlHo;.. i!W;_'Ilfn~d h... I t'fl-lkl AH-I.i 1 fl',-\l:t' l!~ (Hl"'\lf\l? lh(' "\~.,-ll,lnl,, ,,;n~1 .1.;.:r",-"ll\l:nl, ,.'
<br />Ih)-un'llolfJ \~~f~-l-n",.d m th,'I, t'~-t.l .,! I ru-<.! .Of"d ~n ~l1ti<l'\.Hl-f1 I ~H1:4-1 \ .ill,J ; fl, ,H'.' ~ r-oC;lH."1._hl'" .,'> ~'r"... ;,l;,'d In 1'.11 al<l '41""h
<br />he...."...:)l. lh1.:h.-J'4i tntt n,,>t Ilnu~c'l1 t~, IT~t""'n..-r.k -iHh\tnc\ ~ h'~, -J.n-d id' l410'i.l-"i'<"i;f r.t~."~,, <'!Kh lh'~"'H .l~ I <"ink! f'"l'> [\':nlw,,-lh,,
<br />,""'q.4fi !.i., '\'!j.J.,*-t~ d.....t frl<\; l~-n .,. :tw.. r.~~,,-j "j fI\~"'~ Il;'~',,-k:, ,'1\..,1:..1 '.,t' Pi!'i~:n\ t:hl J1,'P,,\~t'~ ' ,'~i>~,~\:,"; :
<br />
|