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<br />003362
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<br />9. CoocIemnafJon.. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or otber raking of the Property. or part tbereor, or for conveyance in lieu of cnndemnation, are hereby assigned
<br />ami .hall he paid to [,eIldeT,
<br />In the event of a toral taking of (he Property, (he proceeds .hall be applied 10 the sums secured by this Deed of Tnut,
<br />with the excess. jr any, paid to Borrower, In the event of a partial laking of the Property. unless Borrower and LendeT
<br />otherwise agree in wriling, there shall be applied to (be .ums secured by this Deed of Trost such proportion of tbe prcx:eeds
<br />as is equal 10 that proportion which tbe amount of the sums secured by this Deed of Trust immediately prior to the date of
<br />taking bean to the fair market value 01 the Property immediately prior 10 the date of taking. with the balance of the proceed.
<br />paid to Borrower,
<br />If the Property i. abandoned by Borrower, or if, after notice by Lender to Borrower tha~ the condemnor offers to make
<br />an award or settle a claim for damages. Borrower faii5 iO respOnd t(l Lender within 30 days after -. the date such- l1oti~--is
<br />mailed, Lender i. authorized to collect and apply the proceed., at Lender's opaon, either 10 restoration or repair of the
<br />Property or to the sum. secured by this I1eed or Trusl.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shat1 nor extend
<br />or postpone (he due date of the monlhly installment. referred (0 In paragraph. I and 2 hereof or change the amounl of
<br />such installments<
<br />10. BorroWM Not ReleMft. Exten~ion of the- lime (or payment or modific.a1ion of amorttzation of the ~ums- secured
<br />hy this Deed 01 Trust granted by Lender (0 any sllC-cessor in intere!j"f of Borrower shaH not operate to release, in any manncr~
<br />rbe liability of tbe original Borrower and Borrower's. _successo-fS in interest. Lender shall not be" required to_ commence
<br />proceedings against such 5UCCeMQr or refme w ext~nd time for payment or otherwise modify amortization of the sums
<br />secured hy ,hi-! Deed of Trm,l oy reason of any demand made by the origina' Borrower and Borrower's successon in inrertsl,
<br />II, Fo"-"""" by lAnder Not . WaI>er, Any forbearance by tender in exercising any right or remedybe...under, .0<
<br />n.therwise .afforded by applicable law, !)hall not be " waIVer ()f or preclude the exercise of any such riJlht or remedy.
<br />The procurement of 1.l1$Ura~ or the ~ymen( of taxes: or t)ther liens or charges by Lender- sball not be a walver- of Lender."
<br />right 10 accderate the matuntv of fhe IOdchtedn-eu ~ured by this Deed of Trust
<br />11. ReD'IflI.ia CumulattV-r. .,,"11 remedie$ provided In 1hl.s [)ecd of TruSf are distinct and cumulative to any other rigbt
<br />or remedy under this Deed of Tn.:mt (lr a-ffQrded by law or equity, and may be e:J:ercised concurrent1y. independently, or
<br />successivety.
<br />13, S""'_..... A...... Bouml; Joint ami Sennd U.blllty: C.ptJo.... The covenants and agre;:ments herein
<br />con~ained wall bind, and the rights hereunder shall inure l{), (he re::specuve -s.ucc~n and assips of Lender: and BOtTO\V-el\
<br />"SubjeCt lo tbe provisiom ot paragraph 17 hereof. .~1I covenants and agreements o( Borrower shalt be joint and several.
<br />The c-aption1 and headings of the paragraphi (:{ thi~ Deed of Trust are for -convenience only and are oot to be_ used 10
<br />interpr'Ct Of define the pt"ovmom hereof
<br />14. Notice. Exec-pt for any 'loticc ~quired under applicable law to be !ttvcn in -another- manner~ (a) any not.ice, to
<br />Borrower provk1ed fOT in this Deed of Trust ~hall be gIven by maihng such no-tice by certified mad addressed t() Borrower' at
<br />lbc. Propert)' Address or at ~uch L){her addreu Born1\4lcr ma)' d~ignatc: hy notice 10 _.Lender as -provided herein" ~nd
<br />{b I any nOl'K:C to Lender shalt be glvC!n oy ('_er... ;1 maiL return receipt requested. to Lender's address -stated herein or to
<br />such other addres.a as [...coder may designate by __(Ke: 10 Borrower I1S p-rovKled he-Rin. Any llOt1ce_provided--for in-',this
<br />Deed of Tnnt >hall be Jeemed '0 have been 8'ven to Borrower or Lender when given io the manner deaignatedhei'ein,
<br />15. lhdform Imd t.tf Trust; Gonmbtc Law; Sevenbfilt:v. ThJ~ form of d<<d of trust comblne$ -uniform covenants for-
<br />nallonAl uu arnJ o(m-un,(onn coy' '''uflts wjih 1iml1ed v-anilt!oo!> by _iun$dklion to COtUtitutei: uniform s:ecurit:y_ instrument
<br />~'(}\"eri_ng real properly. Thi~ I>eed 0J Tnat \n.aii ?e g~'\'('rncd b'i the hnv of tht jurisdiction in which tbe Property -_is locat~.
<br />1n ,-he ~"'ent that aoy pt'tJYISlOn n-r dausc: ui tn." Deed ot Trult or Ihe Note conflict,. with applicabl&:', law, such cooffict shaH
<br />!l(.t atfecr other pf(t\-'is-l(in~ p{ ihi-lt {").e-eU (}f -1:;'->>1 ...>-f. !he N~.He wh~ch -C-2n ~ gj,ven d!~t wH.hout th~ C{'''nftktf08- provis:ion~_
<br />:mo to lhlli end the provl!-IDUI oi the. [)eed 0: Trwu ~mj rhl: Note ate JeeJared 10 he severable.
<br />16. Borrower~s Copf"'!- Bone-wet shall bo:fu.r~,a ,",'ofl(mmcd t:o-py o[ the Note- u.nd of thi, Deed of TrU5-t. 31 Eh-e- time
<br />co, e,,,,,ut~m or .lter fE!tion he~" ~>
<br />17. T~er of' _ t "" _'" ~(3rl~-: pan of Ih<" Pfl)per1)' or~" !nte-,u.t the-rew is- ~oJd or tran-$ferrCd
<br />by Borrower "'''.ho''' [,~. ~~,~.~, ~~l"d,"t i,,' the ,"ea""" d. hen m <n~umbnUlce ,ubordinate 10
<br />1.hb [)eed of ,T:nt$.l, {bj the creati,';n ()f ft p.u -ft::ha~ 1ni_,-ne,;- ~.;ufi!y i.llIe,fC'S~ 11)( hU"".'"te'hok! i:pp!..tin~ti!. {co; ~ treMf~f hy d.evJse--.
<br />~Je:M:~Jlt or 0:-- tlpefllt,k~n of Jaw UJ)j,..111 Iht: dc-ltth .~( a j(lfnt {CHilli! 0( 1 d) the grant 01 ;iny je~oki IOt-erest of three years' or less
<br />not c~ujntng 1:In optIon !i) pun.:-hlUtt. Lt"t'W~f :'li.l). ;It 1 ender', (}ptl~H)> dt'cJare. <ill the ~"'ffI'.i ~Ula.l by th.,s: Deed_ ~)i Trust to-l?e
<br />Hnmetba'dy due and pc;,).ahk. tender s-rusfl hiln~ ."",Hvtd 'HKh option In <'t\.:ceteratt" if, pH~)f" 10 the ute or tn,mter, Lender
<br />:tod t~: )l'ef'ltol.,U w whom the l~mpeH~' I). to he 'M~.jd ';}!' ;r'4lhtenC\J ftiKh .tgf_et"frlt!.nl. Hl wrilm,lJ l~t the dedit of such pef110n
<br />l-~ "!o.dtIdactory h~ Lend<r ..,-1\1 thOlI ihc tHtr:rt:~1 1'-1;j~4niC: NI Ihc ;\-um~ ~,ur~ by thIS Oeed 01 1 ~t dudl be at 5Ui;;h _rate as,
<br />Lender s-ha.ll requeM. If LCI"td-cr h-.u, '..a.;\i-c:tJ 1hc ::)!~;on h' a.:.\."d~rJtl~ J)ro",jded Hllht~ p~ragntvh 17., and it Do-rrowel's \uc~r
<br />:n mtu~( has c-.llet.:uted a wri-ueu .allJtumpuon agreemenl >acce:p-t-cd in Wtilli18- by Lel'lder, L.eod~r stutU rekft.$C- Bonower from
<br />all obligllhOHS under- this I)e(-,d of Tn.~l Mhj lhe, Note.
<br />If LC110e( t'~~erci~ :<ouch t1ptiof) to. ;H.:~ekf4h:" Lt;nJ-cf \hall m..d Bon-ower notice of a~cde-ration In ac,cordance with
<br />p.aragtllph 14 hereof. Such rh)ti..'(, shan j"flAide .. ~nod of nOt k~,\\ than J(l JaYll from lhe date the- notice is mailed within
<br />whkh 8orrowe~ may pay th< ;;Ull-lli t1t'dar.:J duc_ If BOHC"-C[ hils to pay ~uch f.urm- prior In the e,'piration of such period.
<br />l~llder may. Without funOCf n...-'llc,t: i'l derflat~ {Hi 8~}fn-JWC-(. ,t....n~c all)' t"t:fH("d.e:.- permiued by paragraph I ~ hereof>
<br />NON-L'NtH}Jl;M (\.l\'EN."\SIS, Bono'WC:I and Lender turther CQ\i'C-nimt and "gTei:' ,0 fo-Howl!.;
<br />1 M, ..\.t.'f.'cleration; Rt'-mt'dks. F::a:;\.<tpt &.<\ ptm-idrd in paragnph 1"7 be-nof~ upon Borrower.s bn:arh o-f an)' CO"'tmmt Uf"
<br />:qreement o-f Burro,," er in this !.)kd J;t-f Trw.t. JQduding tbe (010 f:UWlls tu fN')' ~ben du~ .an)' !i-ums ",'ufed by Ihis nt-ed
<br />uf.rru.~',LenMr prior to M.l.~rleultion ~u tmm riUtk~e- h,. BOHo",,,, as P'"tH'ide~ in parq,lilph J4 hereof 5l"!-dfying: (lJ the-
<br />breadl: (,2) the adiou n.~quin'd f(l I.:Uf(' such b-fC"31.:h~ I J) a date. "at l~ tll.a J-O d.a)s from thr date th~ putice b: mailed 10,
<br />Bu-rtu\\'ttr. by wm(.'h ~U(b b-re>>Kb mwJ ~ dlt<<l; and (4) thai failure 10 \-'urt sUfh breath Uli OT bdon the dale sJW-(,ifiw
<br />in taw: nutice fWl} r~sull in ac,dcratJOfl uf tn:e MUn~ secutt'd b~ thi-; l)<<-d of lrus1 and ~alt' of tlK' ProfWrt). Iht' nulke
<br />..hall fUr1Mr iuform Rurro~cr I.~ th... tigbt (0 r-eill!4ah~: aflef at:c-dt":ration and the: right 10- bring a ('(Juri adion to assert
<br />the: l\o-tH'\L~tin':'f- of il ddBUlt Of ~tfl\- other ddeoSt: Hf BorfO""tr In 1tC~l:leration and sale. If the hnuc:b b nt)t cured
<br />un Of befor-e- Uw date lo-pedfied in tbe- ~ti(e. Lend~r at Lt~ndf'r'l\ (Ipeinn UUlj dt!cbue aU of the sum,. \c('ured b.,,'- Ihi... Of-cd
<br />nf TruOj.f Co Ix- if1U1lediafel) due ,and pa:.rable "itbuut further d~mund and tml!) ill\okt' du' pO\\-'fT o-f salt' and UO} c)(ber rt'nu~d!~
<br />permitted bj applkablt taw. Lender \hull be ij-udded It} (oiled aU re~onable i:m;:lJt and n.Jk,1b6t inclIrred in pursuing Ibe
<br />ftmt"dks pl'O"trkd in tll", paragraph 18. indudiR<<.. but not limited to. r~w;onabl~ ~Uorn('y's fees.
<br />Ii tht' POWN '_if ~i.' is iUl'okC'd. Tru.Uu ~haI1 r~ctfJ;d it no-tin" of default in (-3ch count) an ,"'hi..'h illt': Propel-f) IJf "UnH.'
<br />pare tbeft'of t\ lb\'att-d and ,,,haD mail c(JpWl\: uf ~u-('h no-lite- in tfW mannu pr-e:~.,:ritkd b} Applicablt- law 10 Bocro",u and 10 the
<br />olbd pn~on:\ prncribed bJ atpplkable 'a"'_ After jh.c lapl'!.C i~f ,lj:uch Ihue as mLt;- be rtquif1:'d b) .applicable law. Tru.r;;1tt' shall
<br />ah\' pub!i". fU)Ci",'i;' of ul~ Iv t~ pt"f1i.(m~ and h~ th~ mann-t;r pr~,~ribcrl b~ litpplkabte law. Tru~tt'e. "".lhout demund OH
<br />BoJTO'Y\'e-r, ...ha11 M:1J the Pr-opl:'rt" at public au-t"Jion to rht hiKht'st bldder at the time f!nd pJa<:t: and undd th.c {t-rn11ro dffi&l,nah~d
<br />in tbe rwtu::t' of .ia.I~ in one Qf more paf1.'rls and in 'Oudl order .a.. Tru~te-e ma~' d~lc-rmint" Trm:tee m.l!~' PQSlporw- ;;..1{': (.If aU
<br />(Jf an)' pA-ulI"'l ~I tM Pro-pen)' b;' pubUc 3nn-oun-i;'~meni ai the Hftw and pla\'e (i( an)' prniou;Jy ,,",-'he-duled \al.:. Ltnd~r Of
<br />under's dnilnc-C' RJay purcha,e lhe Pru~rtJ at 'an): sak.
<br />Cpon f"<<_t'lpt of paJrnt'111 or tht: prk,-" Md. Trustee '.halt de-UHf il} th(' vun:ha~r Trlblt'i:"" lk"t-d i;nm'c)'jng: Ihe Prt)vu1~_
<br />,suJd. Tilt r-ed~ in tht.> Tru~et"'.. d~-d .,;hatJ ht: print1l fadt t"iid.:.u,'c of lh" (nuh of tnto: ...i.Hf:iUi'"nh mad,,' tn.:-rtin. Tru5h:i.'
<br />~II apply It~, prUl.'<<'d~ ~)t t~ \lA1t' in tht' follo-\oting ttrder: f<ij ((I aU rl,'l.i.':iI_mahh:- n'~b and 1"lipt~n.S(.' of the salt', including. tl;lIt
<br />nut timitl'd to, Trustl't,'" rf'h:- of not mO-n'lhun ti tJ( ltt€ tlf the ~ro.,,'"S ~k p;jn~. te9,....mablt, aUnr-m:)', fr.e~ ~n-d cosb i,tt HUt' c\.-ideon:
<br />ib, w aU ;;.UfWi; ~t'(:Ufed b:\' Uti"" lk't"d (lfTrust~ ilud ((:1 fht' c\n's~~ if <iU), to the IK"r'-\)EI ur pt'pooni:-legall)o- -t"litl~ t~'n:-tH.
<br />19. BoTro'S\.n~~ R.ight to Rdft~,~c.
<br />8lYfoWr::r shall na\'\: lht" righr tp ha....e
<br />allY .tune Ni~,r h.. t.he eO\rhcr !o (JoC..'tjf oj l'l)
<br />m ihi!. _O(-~~d M Tfu~t Of fii, cntry (~~;3 Judgll'!t'tH
<br />be Ih(':!\ du"<': under thii Deed of 'J fU,t, the: No!>:: Mid ncH':~
<br />{h) BU!f(:lwer o,;Ufr:"- :;tl! h-!,\,:"i},{"hc~ (_'f an'/ ,~:her .:;:y~.~_ni!nt"- or
<br />(d U-mn.l\i.("'f iHI)''' IlH f(',{\.("t(l'nbh; . IfI-Cl(fn;d '__e-nt!o.:r
<br />B~I;r()I.\--tr ..:otHi,ljr~!td in thi5 [)eC{t and In
<br />hf:.r~OC inl;:htd'ine., but m,l! limill'{' It'>. n-:.fi-t.ftahk
<br />l"liq-\Hf( \(~ 3_""'__~lrt~ th;\t th\~ l-,\'rl- of Hus f)(;ct! n!
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