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<br />9, CooIdeJmJadoII. The proceed. of any award or claim for damages, direc' or comequential, in co,,"~wilbaDY
<br />cOl14omnation or other taking of the Property, or part thereof, or for conveyance in lieu of coDdemnation. are hereby assisntd
<br />and shan he paid to LelIder,
<br />In the ev.nt of a total taking of tb. Property, lhe proceed. .hall he applied to the sums secuted by tlri$t:lIeed OfC,.n.l.'
<br />with Ih,e excess" if any, paid to Borrower, In, lhe ev.nt of a partial takJD,ll of the Property, unle$s Bo9'Qwe'( a. .....
<br />Otherwl" agree tn wrltHlg, there shall he applied to the .ums secured by th.. Deed of T!'1St ~prop:)ftlOllOflll\r
<br />as i. equal to that proportion whicb ,he amoont of ,he .ums secured by this Deed of TI1ISt ininJedlatety'prior.tpJ
<br />tak;ng bears to the fair market value of the Property immediat.ly prior tOlhe date of taking. with tile balance ofthi
<br />paid to BolTOWer,
<br />If the Property i. abandoned by Borrower, or ir, after notice by Lender 10 Borrow.nbattlte condell1nor. olfj;rs.to:lIi8k'O:"
<br />anawar~ o'-settle a claim for damages, Borrower fails to respond to Lender witbin30 days afterthe<lat.'!'F~\I'>licej.
<br />malted. -Lender is authonzed to COllect ana apply tne- proceeds. at Lender's option. either- to NS~ri 'Oc- rcpaiT_~--of?~
<br />Property or to the .ums secured by this Deed or TI1ISt, .. ..... . ....... . .
<br />Unless Lender and Borrower otherwise .gree in wriling, any .uch appliation of proceeds to prtncipalshallnottJ!U!nd
<br />~X'::iim:lsdUC date of the montbly installments referred to in paragraphs I and 2 hereof or change.tbe amount :of
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<br />10. Borro"'eJ' Nor R.-.t. &te,,,ion or the time for paymen' or modification or amortization of tbe',umssecortOd
<br />by this Deed of Trust granted by Lender to any ~uccessor 10 interest of Borrower shalt _ not operate to ret~_ in.-_~y-maQner:,
<br />the liability of the original BOITOwer and Borrower's successors in intcrest, l~endet shalf not be r~rcd'. to _-,c~~
<br />proceedings ,against such sm:cessor or reitme to extend tmle for payment or otherwise modify-_~tiOD' crt ,the:':suMS
<br />secured by this Deed of Trust by reason or any demand made by Ibe original Borrow~r and Borrower'. suceesson.ininterest,
<br />II. F~ by Lender Not. Waiver. Any f"rhe.ranee by Lender in....rclSing any right or remedY bereundcr;or
<br />"therwi.. afforded by applicable law. oIlall not be a waiver or or preclude the exerci.. of any siJCb r1j!ht .orremedy:
<br />The- procurement of imurance -or the payment of taxes or -Of her Hens or charges by Lender- shall not be a waIVer of Un. . d~s
<br />right 10 accelerate the maturirv of the indebledn_ secured by this Deed of TI'tl5l.
<br />12. Remt<IIea C_I.... All remedi.. provided 10 tbi. Deed of Trust are distinct and cumulative lOany other rigbt
<br />or remedy under to;' Deed of Trust or .fforded by I.w or equity, and may he exercised concurrently: independently or
<br />",uccessivdy .
<br />13. s..,.-... and A...... Ilound: Joint .nd Sev.ral UahlIIIY1 ('apdo.... The cOvenaolland agreements herein
<br />contained $baH mnd. and the right'J hereunder shaH inure to, the respecljve suc(:esrors and auigns- of Lender -and -B()rrow'er.
<br />subJect to tbe provi$ions of paragraph 17 hen.~t. .AlI covenant!> and !igreemenl'S of BorrowtT shaH be -joiut ami- several.
<br />me captions and headinp 01' the parll$rapm of this Deed 41f Trust ;ifC for convenie-nce nnly and are - not to be used 10-
<br />j nterpret or detine the prov~ions hereof,
<br />14. ~ot:ke. _,Except for any notice reqUIred onder ap-phl.;a~;e i~w to be, given in ano~hcr manner, (a) any notice h..'
<br />Borrower provided for in (his [)ccd ot Trust shall be given by mruHng ,ucb notice by cenified _mail addressed to _Borrower at
<br />the Propeny Addres of at i-uch ot~r ~ddreu ,.as. Borrower. enOly -dcsignate- by notice, to Lender ,as provided --herein., and
<br />t b ~ any notice 10 Lender thaH be, gIVen by certIfied mail. re-turn receipl r-eq~ted~ w Lt:nder's address sUl1m' berein or --to
<br />.s.uch otbc:r itdd-reu M l~ may dmgn:ue by notice 10 Borruwer M PfOvided herein. Any notice pt"OVided for' in ,this
<br />Deed of Trust "hall be: df:emed- 10 bave be~n _given to Borr-O-'Vr"e-r nr Lender when gi.ven In lhe~ m.nne:~ designated_ herein.
<br />IS. Unlfo-rm Ilftd of TI"Ut: (;c>>eraiftl Law: Se-v~rahWty, Tlu... f~'~fm of deed of trus.t comhino umform covenants- for
<br />nalKmal US<<:: and non.uoiform {.'o\-"e.>nanH. w-uh iimj',t~ J -,an~HlOm: hy jurilid-iCliotl 10 \:'Qm:tltute a uniform ~urity -io1tntmcnt
<br />c()Vering real property. T~~ Deed of Trml sh~!i ~'t" !!'(.\"emed hy the law (.f the J~~dsdk~<<)O ti1 whiCh ihe Property i~ located.
<br />In the event that ..UlY,f~fu'n,\.lt,m nf dame of tht~ t).:ed of '1 fU:\t or the Note \.-'tmfhcl' With ~pphcable law. _such cooRkt ,shaU
<br />(lot affect, other p-f()Yu\f(;-m of th~~ r'lecti (~( Tni~t t}f ~h-e Note which can he g'iVcn crfect wuhout the cont1l~ting- J'l'ftwrsion.
<br />aod to ttU./i; end the PfOVl.\tOns or tn.c r.leed pf 'r nJl>I <.Iud I he: Note ;rrt: UediJfed w be severable.
<br />16~ _.Borrow-er"s Cop,. 8uuow-cr J;hi.U_,.b:t-J.W.:UnA~d ,I. (nnf(}rmct1 ({'P-Y nf the Note: -i1nd uf lnl:! Deed -of Tnl~t .U Ihe lime
<br />(Jt exccutu),n -or after rocontatfOn;~ )j>;:t-.' ; Y !A~
<br />17, '1'''''''''...., IS":~' ff all,,,r ,ur p'" 01 ,I", I'TOl"'f1Y or .n ml<"",1 ,herem ts ",Id or tran.rerted
<br />hy B<)t'ft,)Wer WH~.t.l ~.,~~. ~^Chn.lln_. \,.1} the i.'-fCliiUOn i,)t ;it hen or eoc.um. b._fum:'e subordmate,1O
<br />(on Deed of Tn.mL 'tip _ '" ~ _ '. ,iile'{ '1iecunt)' uHefo1 ltJf h<)u~hold ~P?hlnC'n. ! ~ i ~ transfer hy d-e:vfse.
<br />dctteetl{ or hy oper.auOf1 of 1:3...- upnfl dlC death of a !~illH h'lHUll ur t d j tht: grant of ,Hi)' !e-a.;.eho!l! 1ntC'r~1 of three years or less.
<br />n-()t cQtualoing an {).plh.).o to nurl,,-hak, LerH,k( Hla--y, on I c-nuc:r\ tJptlon. dedJil;H~ .all the sunK StX-ured by thi~ DeeU (If Trust 10 be
<br />!mnlQjUlleJy due ~uRi payable, L~odcr ~haU h;i\;~: Wi.I.<,,,t."_J ,\u,h ,,{"-aHl ~i...:~,'t'_i<-ntlc if. prl(.\t to the ~..tt or tfa'\~(er. Lender
<br />~nrl the pe-r!\o)t\ to whom ~hr.': Prrjpi:wty :'!i t,J be- ~l-hj \!l' rr.:ul",lctn::-\l ;igrceitK"fH in wrillng IhJl{ the 1,:(('\'11, of tiili:h pc-rS-tll!
<br />i~ sahsfaclOf)' tu l_erKkr .uki !hat ~he lmen;~t f-'-ity.d,h; <"11 !he: i-WH~ \-c(:IJrCt1 hy ~h-i.s ()(:<<J or Tr-U'Ii shall he at such rate .a~
<br />Lender sbaH ft'que1i'C If Leimer hiiS wal'\-.ed lile .:.~ptton !(I "",,_'de:!a~_c pJ'Ovidr:d In thi$ par-"graph j 7> "oJ if Bt,(rowcr'i'l ~1.l\;Ce1iSOI
<br />ntiM-cre$( has. e_.\~utcd a- wfItten ;;U'~UUlptjun ilOtfeeOt-eIH ;a-c~(',picd m "'~tltlOg h)' LtntJ('f, l.ender 50aU rck.a~ Borrower .from
<br />;JI1 ObJigali-t,.').fiS undc-r rhl" {Jeed of Trust And the:: Nute
<br />H l..cn4er c,xer;,;i~ :'il.ich- ()P{lUfI HJ .:;it:~det"'!c, !. c-nJc:r ~,h~\li mad H(lffOWe, ;;-tHii.;-C ,1i ac-c,dtritHon In ;u:{;'i.)rda.nce with
<br />paragraph l4- hcrC'-\.')L Sul.'n Ih)ti(,'(:: \ha]l ptl,}\,ale "' f'CfHJd \}f k'i'1i. Than 1tJ days tn!'ln the date the noti(t' i3 mailed wi-loin
<br />whj,;h Bor-t-()We-f may pal !he ,;,Ufl1:l dC\.:la,rw JlW_ if [tJ,.,Ho....-t;r w p<iY ,>uch ~um, pr~()r k1- t~ CXIHratfon of .iw.:h r~.r'lod
<br />L.et~Ier n-~ay, w~tholl-~ tunner- n(~!!~>:; \-'f t.~!H1HH1- f)-j'l >>nI'rt1~t':f. ;,;"y' n::m~Ju.';; f-~c.r,'~H{'3.J My ~'(.{r~igJ1!ph i 8 h-efet~L
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<br />NOl'-l-t)!oI,ilfOkM Cl)~t!-N-"..l"<l.i' "-,>n'o'loli.'cr aOO Lemk:r tunhel' ,'.()\1enanl and \lj;r(;"~ a.. f.oUOWt:
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<br />r8. ;\c.'cftt'radoJl.; R('Jll~ Excel" alj plo\>idrd in pa,q,apb 11 htn-of, uptJ-n 8-orr(nn~r'~ brt!ilc_h of au,- ('I)'-'eRaQt Of"
<br />.ree-lRC'A-t uf 8onowl:f- in tit" O~ of T:rwa. iududifll 1M ,:o"~nanb: tu pa, wben du-r. ilIl) 4rittDU ~(:urfil h)' this Ileed
<br />of TruM:. l..eodu prittI'" to llH'mf'a1ioll ~.U .nail Uo.tK't' to Bo-rur.-.'cr ~ pfO~ ide-d i6 paraJ.clitpb I "- bel~of !lopt'dfying:: (I) the
<br />bNat'h; \'2) Itl(- ktion n"qutnd tu ..'Ule l>th:h hreaell; LH l:t d.Jitt'. flut l~ than J() da}~ from tht dalt tbe nou("e is. mAllt'd 10
<br />8ono\Oo-l'r. ~ whicb \tKh Mt'Mt.'b mWot be ('uct:'d; a-nd (4) that fai-Iure II) {'Uft' '!ouch bf't'adl ou ur bt-fl)!'e eh~ dat-e spe-('uif'd
<br />tn the ntf-I,we mM) tfiult in a<i',,4r-r.ll.wn of fbe s.um" s.e(:uH'd b)" lbi~ I~d tJt Tn~1 and d1(' 01 the J'ro-pt.'rl". The noli-u'
<br />;;J~U !urtM! i!lfof'm BofTo""'er uf rhe right 1# rdrtH3l~ Jl:Hn }k:H~k=nHor. ~ud tM ti~nt h.l bri-fl~ ;) eHun a-t.'ti-fHl tv h'lit'rt
<br />tM ooo-~J,istttm-e of :II tkfault or -zUH otbf'f d-eh~aw f,f R-c.1f'W\olr tr 1-0 u\:-i:dent-IHJfI lmd .!ial~~ If (he breadl i" not tUl't':-d
<br />un or be-f6t't" fbt date spe<:ifif'd in Iltf' ootk't". Lefid-er al Le-miitf'''' uption mil) d<<-hu~ <in of thE' ~Un\.\ ",ccun:-d It) Chi'll I)t~d
<br />o,t n"ust h) be i-tll-OKdiaJd)' due and pa}ahk wlthout fUf"tbt"t demand and mOl) "Honk... fht p-o'tHf of ~te lu.d ali} olh~r rttn\-t'-dl~~
<br />permlttt'd b) applkable, law. I--t:'udtor shaU hr f:utirled to t~On~l.'t all n:,as~)habte nni,,, and Upt'OlW\ incunr,d in pu~uin2 the
<br />remt'dics pro\--ide-d -i9 this parag'aph }I" indDdins::. but fif.rt limited Cu. 'teouonabtt- aUouu-:.fj, fees.
<br />If tlw po~-~r 01' -'Ale is hnoked, Truste~ !>.haU '~~:O-r-d l:i ftodf..,t of ddauU in -cad} >;.Q-unt~' in whh'h tb~ f-'ruv~rt)- Of '}(~i1lt:
<br />partlhut-of k kK-atrd alld ~tudl mail copih of wctt fWlic~ in Iht' m-anut'( Vl't~l..~ribt:-d h~ applicable 'a~' to BOHower and hI Ihe
<br />t1tDet persons p~ribed b~' applicable- la~, "'ft*"r' the lapse- of !'ouch Hmt" U"i ma) m- rt'quir~d by lipplkab'e I.li~'. ....tusst'e ~haH
<br />givl" publk aolke of sale h> th~ per\.Ofb Dud in tM man.wi' pre\'Cribco:d b~ applkable la'Ho. Tru<tlee. "iHl\J-ut dt'Oland Oll
<br />Bo.rro"ef~ -Yuall,.fll tbe Proprn} at public Que'dun to Iht< hia;hr-st blddef' allhe t;m~ and phk.<(, and tmdt'T th~ It"'fnh th::'iignaitd
<br />in- tM notKf' of ~ in -001: OJ" mon-pat("eb: and in ,;;ueb order tIS 'fn~ee m.y dt"trntiDe~ Tru.itt'"c IUS)' p~)j'pont' uk nf _11
<br />U1 auy j)Mt'_d 01 (M Property b,) public JW:ilOtlQct.'ment at tht" lime -find plact" of IUl}' prf"~iou;oJl 'l,.beduk-d ,\alt'. 'I-e-,.dct Of
<br />(_~nde-"'i designee may pu.n:t-HtK the: Proper1J lit an',' sale.
<br />llpun, .tKeipt of pa,-pwnl ,.r thr p-rk"t- hid, Trustt't- "Ihatl ooHvt'f" (0 Ult:' purChK.'J.Kf fru!;.t("\:',, tk.n:J t"om--"J'ln;t du: l"h)j)t'n)
<br />I'oDld~ TIk. ndtab in 1M Tru....-too.~ dt-ed .'dudl ht: -prima '_ie ~\:id~t'- {~f tht" truth H{ It<<.- ...t.atcl:Ut"nt.. nUitk- lh('-rdu, Trtls-lrt'
<br />_~ apply the pnJ<ftds uf thlt ...k in the: r\)Uu-wing I,~der~ La.! 10 ~U n"..\W1M:ble ~:~s and e,'.\pm~~ of th... ~lc~ i",,-ludIP~. hUI
<br />~ limited w. TOl!'R"t"S fffSuf WJl BKH't' lhn l!lll( 1.0:'4- u( tht" ~fcw.s:'4lJc pric.:t'. r\"a~Wlbie anilf'fh").S rct~ and l.:u"h,ufdtle- t'\"idt'th't';
<br />(bi to aD SWD:t s<<Urrtl in: thi!ri llN-d ()f'hvM; l1ud "tl tht: t',c\",s,,\_ if all} . to. tht'- ptl~n o-r. pt"f.;.~]i'" It-gaUy ..."tiUed ttlt"t"t:to.
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<br />19.. -Borrowu.s JUabt to &in5tatt". NJ;l1\1",1ttl).lilntiihg j .t:ndc(\ .t(.,-;.dCHIHi"l-ll n! fht: '.\,;:11,;-
<br />Bon-ower ~hitH have the r1gln to- -haH~ ~n!:y iH'o..:-eedm{.i" hegun hy Lender 1(1, t'nIlI!\::t' thi~ ,\1
<br />~ny ti-~ pti:Uf fO' the e~.fhtr 10 occur of (H the fifih day hcf:l'ln: Ih~ 'i.ak Qf in", f'r,1p(,iW rHirs.~MHi 1"
<br />m thi~ {)ccd ('!f Trufll, Of W)t:ntry l;}[ a:_judgtncnt enfOi;,;:;ni-: thts. Ot-,e~ ol Trtl-s-t jf- ud Borwy\---1,:[ l
<br />he then ..Iue i.mdtr lhh- Deed or Tn~Flt, tn(': Nnh,~ 4md fietC-' ..t,:l,:unnl FllHH\, Adv;inct-\" !f MH'
<br />iN Bw-rowcr {:lJrt~" _;;411 hr'c;K;h~~.. f,r <l.ny ()the! c{)vCn;li1t.... or Hg.n~cm,t'nh {'\~
<br />{~) lk~rrDw-er P"X-s al~- n"as'(Hlabk -t:;'-ptn~..... \O{'u-nn! by l,_eiu_k-r l!Hd Tnl';.tec
<br />ROHOW-e:f COtl4JmCU in ftu, r~td of '1 tllst :i:Hd 10 e,nf{,n:__Hlg f ,end~:f'" iinG -I P1';"h~;t -"
<br />h<u.:~}f. lfM.'hH.1lO:@'. but fwt limited to. r-ca--'.(HlabJ{~ l'JtHjtlH;Y\ fe6~ -:II~d !d} u.orr{l*c! L~k\.~J-
<br />rc:quiTi,'; W M"lift' that the liej~ nf fht~ l.>Ct:d 1Jf TnHf. l.e~Hkf';; i'm,-'r€;;~ m ~ht P-ti-iper-l:.-- i"'"
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