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<br />by this Deed of Trust immediately prior to the date or taking bears to the fair market value or the Property immediately prior to the date of
<br />taking. 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 orset~ a
<br />claim for damages, Borrower rails to respond to Lender within 30 days after the date such notice is mailed. Lender is autboriud to collectlind
<br />apply the proceeds, at Lender's option. either to restoration or repair of the Property or to the sums secured by this Deed orTrust,
<br />Unless Lender and Borrower otherwise agree in writing. any such application of proceeds ~o principal shall not extend or postpone the due
<br />date oflhe monthly installments referred to in paragraphs I and 2 hereof or change the amount or such inslaIlments,
<br />10, Do.........r Not ReItued, Extension of the time for payment or modification of amortization of the.sums S<:CUl'ed by this Deed of Trust
<br />granted by Lender to any successor in interest of Borrower shall not operate to release. in any manner, the liability of the original Bom>WCl'and'
<br />Borrower's successors in interesc. 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 orlgina!>Borrower
<br />and Borrower"s successors in interest.
<br />11, Forl>eara..... by Leader Noll WII.er, Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy. The procuremen~ of insurance or the payment or
<br />taxes or other liens or charges by Lender shall not be a waiver or Lender'.. right to accelerate the maturi~y of th~indebtJ:dnesssecured by this
<br />Deed of Trust,
<br />U. RemedJa Cumul.tI.e, All remedies provided in this Deed of Trust are distinct and cumulative to any otherrlgbt or remedy under this
<br />Deed of Trust or afforded by law or equity. and may be exercised concurrently, independently or successively.
<br />13. Succeuo.. .ad As8111D1 Bound; Jolnl .ad Se.eraI Uabillty; Capdo..., The covenants and agreements herein contained shall bind, and
<br />the rights hereunder shall inure to, the re'5pective successors and assigns of Lender and Borrower, subject to the provisions ofparagraph'-l1
<br />hereof. All covenants and agreements of Borrower shall be joint and several, The captions and headings of the paragraphs or this Deed ilfTrust
<br />are for convenience- only and are not to be used to interpret or define the provisions hereof.
<br />14. Nodee. Except for any notice required under applicable law to be given in anOlher manner, (a) any notice to Borrower provided for in
<br />this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at the Property Address or at such otbcraddress
<br />as Borrower may designate by notice to Lender as provided herein. and (b) any notice to Lender shall be given by_ certified mail, return receipt
<br />requested, to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower as provided hcrei~.-Any
<br />notice PfiT"i.dcd for in ttis Dee-d of Tru:~ shall be de;mai to have been given. to Borrower or Lender when given in the manner-designated-herein.
<br />IS. Uniform Deed uf Trust: Go_ng I.....: Se.erabllity, This rorm of deed of trust combines uniform covenants for national use and
<br />non-uniform covenants with iimited variations by ~jction to constitute a uniform security instrument covering real property~ This Deed of
<br />Trust shaH be governed by the law of the jurjsdicti(".~ .. which the Property is located. In the event that any provision or clause of this Deed of
<br />Trust or the Note conflj(..'1s with applicable law. such conflict shall not aj'feet other pro...isions of this Deed of Trust or the Note which can be
<br />given efft'-l.'t without the l~ontliCtjng provision. and to this end the provisions of the Deed of Tru.st and the Note are declared to be severable.
<br />16. Burro.~er'5. Cup)'. Borrower sha.. i;~ furnished a ;;:onfo~j copy of th~ Not'!:' ai!d of this Dted or Tf1Jst at the time of execution or
<br />after recordation hereof,
<br />17. Trauter of lJato Property; Auumpdon. Jf aU or any part of the Propert." or an interest therein is sold or transferred by Borrower
<br />wilhou~ Lender's prior wriHen tonsent, excluding. (a) th~ creati~n of a lien Qr encumbrance subordinate to this ~ of Trust~ (b) the creation of
<br />a purchase money security interest for housebold appham.'es. (c) a transfer by devise, dCSi.'Cnt or by operation of law upon the death of a joint
<br />tenant or (d) the gram of a.ny leasehold intere~l of three years or i~~ not containing an option to purcha..')e, L~nder may. at Lender's option,
<br />decla.re aH the $U(W, .secured by this Deed of Trust In be immediatdy due and payable, Lender shall have waived sllch option to accelerate if,
<br />prior to the sale or trao'Sfer, Lender and the person to whom the Property is w be sold or transferrw reach agreement in writing that the credit of
<br />,.uch person is satisfactory to Lender and tha.t tht' interest payable on {he sums secured by thh Deed of Trust shall be- a.t such rate as Lender shall
<br />request. If lendc:r has waived the option to accderatr provided in this paragraph 17. and if Borrower's successor in interest has executed a
<br />written assumption agreement 3(:cepled 10 Willing by Lender, Lender s.hall rclea~ Borrower from aU obligations under this Deed of Trust and
<br />the Note.
<br />If Lender exercis~ such option to 3l">,'eJerafe. Lender shaH mall Borrower ootke- of acceleration in accordance with paragraph 14 hereof.
<br />Such notice shali provide a period of fH)( ie&s (hall Ju days jrom the date me- nmice is mwjcd within which Borrower mily pay the SUUI~ declw-eO
<br />due, If Bonowcr fails to pay such s.ums prior to the e,J;p-iration of !ioch I-~ri{xl.l Lender may. without further notice or demand on Borrower.
<br />invoke any remedies pc-nniHed by paragraph I S hereof.
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<br />NON~UNIFORM COVENANTS. Borrower and Lender funher covenant and allree as follows;
<br />18, A_lion; Re_, Excepl as provided In pllJ'l&Olph J1 he....I, upon Borrow.r'. breacltofany "".....I,or agl'ee_t of
<br />Borro...r In this Deed of Trust. iaclndlna the co.......'" 10 p.y ..hen d..e .ny ....... ....'Ured by this Deed 01 Tl1JII,Leader prior lo,~tlon
<br />shall nllIil nodoe to Borro..er as pro.ided in plll1llfraph 14 hereof specifying: (I) !be "reach, (2) tb. adlClJ1 reqolrod to cnro .....t1 b....h; (3) .
<br />date, not less thaD JII d.y. lrom!be d.t. nf nolke is mallod to Borrower, by ..hldJ sw:h breach m..M be cured, and (4) lhatlalinre to cure ,w:h
<br />_ on or before the date spedfied in the notice m.y rea.ulin ._Uon 01 !be .u.... ,"",ured by !hlo Deed 01 Trust lad sale of !be Property,
<br />Tho notice shall fllril>er inform Borro..... of !be righl 10 reiaotate alter .cceleratlon .ad the right to bring. court action to ...... the no....
<br />_ of I doIaolt or Iny other deI._ 01 Borrower to acceleration .nd sale. If tho breach 10 not <..red on or beloro the date specified In the
<br />fiillk:e, l..eiWcr .l l..eiidet'.., "pliuB IDa)' dtc.::~ aU of tile ~t1Jti secu.r-ed by this Deed of 1"nlit to be- Jl1lmediatcll due Uid p)'.ble wlllinu! funber
<br />demalldladm.yla.ok.th. po.." 01 sale IIId aay olher remodHo pormllled hy Ippiicab..I..., Lender shall be endtled to colket.1I re....n.b..
<br />tGilts aiRI f~ ioctiIT-td ill purswlij ibt- r-eiUCdiei j)fv'fklcd in this p-Ilt'ighipb is, h"ic-ludili&. but not Umittd tu, l't'tiOiliible ilUOi'iifY'S fEfi.
<br />If tbe po._ uf saie is in\'uked, Tntilee sllall record a notice of dd'au.lt in each couot) in whicb tbe Property Of 80IDf part thereof is located
<br />and >hall mall <Opl<o of such nolke tn lhe maaaer prescrl_ "y .pplicable I... 10 Borro..... and 10 the other porso... prescribed by .ppUcabl.
<br />II... After the lapH of ...cb tlmo .. may he reqolrod by .pplkablo Ia.., '1'"",,,,,, .hall glve puhlic nolke of .... to the porsolll .nd In the m.n_
<br />ptCO<1'Ibod by appikahlo Ia,,_ Trustee, ..llhout demand on Borrow..., shall seii ,he Property .1 publlc .ucllon to the Itlghest bld""r .t tho Urn.
<br />ud p&aee .ad tiMet 11M: t.... dcsipated iu tbe DoUa of sa.k In Que or mort' patt'ell and in $ucb order as Trustee- IWI} determine. Tru61R mil)'
<br />poMpOIIc _sale of_ aU: or ..Y p.rut of lbe Property b)' p-ublk aDlWun<<meat al i..he time and place or an). pf'f'viousl)" St'MduJed Yk. l.ender or
<br />IA"", deoIpce IDly pcI_ tho Property It lay salo.
<br />U_""""'t ollNlY_t 01 the prier bid. Trusu...ha11 d.th.. 10 ,he P01't'ltuer Truot<<'s deed .....n'ln& lhe Property ""id. The ....,ital> In
<br />'Ile T.........'. deod olIaII ho.prIJna ,_ .._ of !be tnl!h of the .tat._ ..- tbeffiA, Tmot.. .hall apply the p.",,<ods of the ""'" iA tho
<br />fviI!>..... <mRr' (.1 to all ~._ aad ..pe_ of the sale, I"dwllna, bu. .01 Umlted 10, Tmalet'.I_ of aol more than, _..,c.,.:- ,.m""
<br />'" tho........ pcjoo, _ .11",-',,_ and <'OWl of UtIo ..Idoco, fbl'" .11....... ...".red hy Ihis 1_ of T....t; ..d .rl ',. e.'~ if
<br />....,. ,,, tho,....,. or _1otIaII, ...Utled lhento,
<br />1'. ~!-..fUaItt to Reitlfu.att;. NotwHtHtotnding. Ltuikr'&. ii'-.:cdcfiHFJO ~.}! HH:- :j.ljl'H~ >;'c".:uft:d b~ [ll\~ L~.i u! fru\\, Bt'Xr0Wel: ';hail ha-;.{?
<br />~~ r!J;h~, H~ hli"-e ~nr f"ftX~ln~ t-q..m b;. I,efK!.eI H) t;:nfQn;.:e tht:!' L)e--ed {,If 1 :'U~: d:_s,,:z-'Dl:in-He,{~ .1j ~Ui) ilme 1'1 ltH If! -Ut(' ~~rh:J;f i\; "l>..:dH (It (11
<br /> the
<br />nnh .-1,f/;_f kin'l'"-': -:'l'w wd~ of th<< Plopt1~)' pUPhalTi !(I th~ pt.'l"lr~r o~ ~.ie C<:fntlllilctl m r.hn. {~-,:-.f rl'Hst -{'g Ill}J;:1'll.fY ~;.j il }udillv:nl t'nl\H~m}l thg,
<br />t~j n~. l~"');~-t H. ~JtJ tJ,:;.n--",l-w-("-! l",,-y\-l 'fmkr ~u -H.(t~s \<lfhkh ~-{;f-Uid ~ tl-l('f1 <:.itH: unde; It!!,- r~~J PT .Iru"" !ht; Nu~e 'l..:ld 11;':{!.'~, ',..";~HUi~ Fl,Jl\.i;\:,
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