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<br />811--- 003470
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<br />by this Deed of Trust immediately prior to the date of taking ~ars to the fair market value of 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, Of jf, after notk-e by Lend('f to Borrower thallhe condemnor offers to make an award or settle a
<br />claim for damage!, Borrower fails 10 respond to Lender within 30 days after the date such notke is mailed, Lender is authorized to collect and
<br />apply the proceeds. at Lender's option, either W Te!lIOration or repair of 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 shalJ not extend or postpone the due
<br />date of the monthly instaJlmenu referred 10 in paragraphs 1 and 2 hereof or change the amount of such installments.
<br />10, Borrower Not RelNHd, Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />granted by Lender to any successor in interest of Borrower shallliot operate to release, in any manner I the liability of the original Borrower'and
<br />Borrower's successors in jrHef'c~1. Lender 'than Iiot be icquired to commenc~ proceedings against such SUCCC'S$.9T or rduse to exten-u. time for
<br />payment or otherwise modify amorti7..arion 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 />1]. Forbearance by under Nor I Waiver, Any forbearance by Lender in exercising any right or remedy hereunder, or 'otherwise afforded
<br />by applicable law, shall not bc a waiver of or prectudt! the exercise of any slIch right or remedy. The procurement of insurance or the payment of
<br />taxes or other liens or charges by LC'nde-r shall not b~ a waiv(1' of Lender's right to accelerate the maturity of the indebtedness_ secured ,by-this
<br />D<<d of Truo;L
<br />12. Remeclla Cumulative, AJj remedies provided in this. Deed of Trust are distinct and ~umulative to any other right or remedy -under this
<br />Deed of TrU:51 or afforded by law or equity. and may be exercised concurrently, indepcndentlyor successively.
<br />13. Soct'.....'" .nd AalK" Bound; Joint and !Wvers] Uablllty; CaptlO1lll, The covenants and agreemenlShereln contalnedshall blnd.8nd
<br />the nghl-5 ht'!reunder shall inure to, the respecth'e suc-ce~~on and assigns of Lender and Borrower. subject to the provisions'-of paragraph' -17;.
<br />hereof. ,.\11 co"'enant' and agreements of Borrower shaH be jOint and several. The captions and headings of the Wagraphs of-this DeCd:of TrUst
<br />arc for convenienC'.c only and are not to be used to interpret or define the prOvisions hereof.
<br />14. Notk~. Except fo~ any notice required u_nder applkabl~ law ..0 be given in another manner, (a) any notice to- Borrower- pro~d~;.fof~,b1_
<br />this f:>eed of Trust shall be gIven b~ mailing such nodce ~y certified mail addressed to Borrower at the Property Address orat_sucb,_otber ~~~,:.
<br />;1;, Borrower may designal~ by nouce to Lender as prO\'lded herein. and (b) any notice to Lender shall be given by certified:mail.:r~.'~t
<br />requested. 10 Lender's address Mated herein or to such other address as Lender may designate by nOtice to- Borrower as.providedl,1er~~,:Any>-;
<br />nOf.ice proVided for in this Deed of Trust shall be deemed to have bee' yen to Borrower or lender when given in the manner'd~t_~,,~~_~._
<br />1.5. Unttonn Deed of Tru~t; (ioV~D~ t8W;; Severa_~jjty. "I'": form of deed of trust combines uniform covenants for ~atioil81.-~':aDd-_'
<br />noo~umf oem covenants with limned vanauons ~y. JurisdictIon to constitute a uniform security instrument covering r~alproperty'. -Tbis--'~-~~(
<br />[ruSt ~halJ he ~overned by ihe law (If thot Junsdlcllon in whIch the Propcfty i~_located. In the event that any provision or clause ofthis:~-:of~-
<br />T,u.st or the Note t:ooflif.;t:) with apphcabk ."'..... such conflict shalt nm affect other provisit"ns of this Deed of Trust or -the Note..wbich caQ.'-'be-
<br />gIVen d fe\:t I,l,-'itholll the {'oniliL1ing provi~~()n. 311d to this end the DrnvjlOion~ of the Deed of Trust and the Note arc declared to be severable.'
<br />16, I\oNUwrr's Copy. BQ(fOYier ~haH bt' furnished a conformed copy of (he NOfe and of this Deed of Trust at the time- ofexecution,.oi
<br />11ft>:! re-..:ordalir'u hereof,
<br />n. Tramd<<'<f of tM Pf-openy; ,'\&1IUaption. If aU or any part of the Property or an interest therdn is sold or-!randerr~ by B9rrower,.-;
<br />wHhmH Lender's pnQr WflHt"n consent, adnding ta) the o.:re.uic..n of a Hen l)r crlCumbniilce subordinate to this Deed of Tr\1$t._(b) the creation of
<br />a purdu,~: Hlotlt'y se\:\Jlity inter(1\ fur lhJukhold appli.anc~. {c) a transfer by devise, descent or by operation of law upon_ the death_of ajoirit
<br />~e-HaHl or (dj the gram of any tc-a!>d'\()lti UHer~t of lilr<< yeacs or le:;.!; not ~(ifllainjng an option to purchase. Lender may. at__Lci1der~s-optionii
<br />~kd.j1Je i1H toe "un!:>- .':>e...:tlred ht thl~ Dec-d or In.i\t w b< immedl3h:h due and payable. Lender shall have waived such optiQ_n-lo_acceleratejf~
<br />poor w the ~i:ilc 01' tfi:l!l~rel) Lenoet ltm1 the per~on tt) whom the PrCtpCrly i.... to be !told or trilNferred f."each agreement mwritlngthaL the_~tQf
<br />;;\.leh pt.'"non is :$-au.~lli..;::tOry 10 Lenat"f and that the lnleresl payable on the !>ltm~ $CCured by this Deed of Trust shall-be at s.uch rate_as ,LCn(lCr,,~
<br />request. It Lem.ier has ~ajved !h(' upCton 10 <l"':t,;def~lc proVH.ie{j Jfl Thi~ paragraph 17. and if Horrower's successor fn itltcre~U has_ executecf-a
<br />\\-ntlC'l\ a.Ss.umpt.lon J.glt'!\:llit'l1( a;,:,:epl(..'1.1 in \lrflling by Lender, Letldc:t: ,haH reka~e Borrower from all Qbligalions under thiS Deed_ of Trust an4.
<br />tht Notl:.
<br />1 f Lt::Hder e.-\-CiG.<>e..... ,~ud; oplioJH to i.l(;('elenH~. Lender ...haH mail BorroYo-t;r nOli~e of acceleration.in ac~ordance with papivaph.14.here9f..
<br />,~u..:h IhJ!kt' ~haJl pf-(t,;;iuc.. pcw,>d e,j' not Ic."-~ than 30 day~ rf(:Tn the dale iho: .notice j,j mailed within which Borrower may pay _t~e_~Ulll$ d~~
<br />lIne. If Bon-ower t,ul!; 10 pity !:.uC'h ~iHm prim t{.l> the t:xpm~Hon -of s-uch pe:nod, Lender maYI without-further notice-or demand-onBorrower,
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<br />ifi>-oke- <iil) l~iru:,-:.dic.~ p~;:';:j.iH.;;.j by p.a;ag.aph l~ h.::r~(;1
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<br />:'VON.UNi_FORM ('()VENANTS. Borr..h'ier and Lend~r further covenant and agree- a't [ollows: .
<br />18, Accclerolloo; R".....u.., t:;U'Op1 os provided In pllfll&l1lPh 11 h.""", upon BOiTower'. bntlcI\ of all)' <O.....\ltor~lol
<br />&l-rrowtf In this l)eed -of Trusl. iududilli tM conau" io pa)' M'MD dut .0)" sums ~':Und b-y tb." i>eed_ot':J~-._~~c:!;privr:,IO_,~~~~1~111iub
<br />,hall mall null.... 10 Borro..er .. pro.lded In pal'llgtlll'h 14 lIenof .pedfyinll; (II tbe breach; (2) the actloD nquJred to at... .uelt bmu:b; (31 a
<br />tbk. 00. 'eM: (ban ~\O da)'s from (br dale of QoUt't i~ mailed 10 .Borrower. by whkh .web brucb nUllc, be cuNil; .nd (4) that f-allure tQ cunsuclt
<br />b.....cb on or bel ore tb. date .peclIle<l ;0 tbe ootke lOa} resullln .""tleration 01 lbe sums secured b} Ibis Deed of Trnst ...d oaIe of the Property,
<br />The autice shan further inl-OmI Burru''''e:r uf the. right to ~taU' afte-J' acceienuioD .&ad the' rigllt to briaa . court action to uaert Ute no~..
<br />rxmeO{if of Ii dcobuJt -Of au) otber defeftSt of Bon-ower to ac(.-derauou aDd Wt', H the: breach is not cured on or before the date specified. lathe
<br />notkt':. t..ndct at Leftdltl's option RUt) d<<ian: aU of the IUnu :s.n:ured b)' 'his t>eed: or Trus-l to be immediately due and payable without furtber
<br />dc-mand.OO ma) in\'okt tbtc pUl\'et or wt' and an} ulber remedies permitted b) applk-.ble blw. Lender- shall be endUed to colled all reasonable
<br />rnsb snd upc~ lnt'urrtd in PUn.uilll 1M remt'die$ prt,nid-ed in this paragraph J8, iodudiag. bul Dol Umited to, tntSOnable attorney's fees.
<br />H lile Po.wt-t of.salt: tli ift,,.\.~kf'd. Trustto(' dlall record II ootice of def.ull in e1lcb ('Qunt} in M'^bkh me P-ro~rty ur Jome plIrt th-enof is located
<br />wd JbaU maU "09te! of 5u('b ooti<< hi tM ml.llOfl pfl:${':ri~ b)' Jtp-plieable Ul1l to Borrower .nd to lbt' ocher pen:OI1$ prescribed by applkable
<br />hi.... Ahrr 1M hlpt!Oe of sud\ time Wi mal be: rflIWred b)" applk.ble law. T Ol'litu shllll aln public ootice- of sale to tbe persons and in th-t mllDoer
<br />p-rncdbcd D)' JePplkabk h,,",'. 'ff1l$tet. whhQut dt-JDaud on Borro,,"e.r, 1!baU ~U Ihe P'Topcrt)' al public IlUCUOD 10 the bighest bidder at tbt timr
<br />i(~ ,.IiKf .nO: ~ndf'( ~he tE'frm ompatt'd in lhe nvtk-e of sa1f' in oar {It mo-r-e parcebi and '0 such (;r~t u Tro&:let' mil)' dttc-nnine. Tf"WjUe DUlly
<br />pt~tS>i;lne ,.ut flf .n (,t &tll pIl.r(t'J of tin- Pruper1)' in ~ublk ltflnfJUoct'mt'nt lit tbt' tin)t' 'ilud plan' fJt iitli)' S'.U't,,'jOUM)' kheduk-d uJe. l.c"ndn -or
<br />L<<'udtl"" ~~&-ftet m..J pu.n:-btiJt tfk P-w~)' at liP) _'Utk.
<br />t:P'iiA r-f('ript o-f p,i)IDt'Qt uf the pmt bid, TttU~- ,..a.lt ddht'r h~ the P-UHbaM:f l(uli;tf*':s d<<d i:OU\-'cyiD'K lilt' Propr-rt) sold. TfHo rfot:1lab: in
<br />(Jw l'ttJl~'~ fkN PtaH bt_ pr\m.t hw,.t.t t"'i.tK~ tit Itw truth of t~ !ilaleo:tenb. madt< thuoria. lrll1l:l<< .itulJl avph lhe PHX::re4\ (,If thlt ~ in iht'
<br />t-V>>O-..-lttg f.rUt-(-:_ t'i It) ilfl ,"",-~on.bk r.~U: itud npc-sn.a: of tk_~.k. hKluding. hu! not lhni.rd to. TftU,t('C"s fw (It not mOft': thli:u .~ 'l;-'e
<br />of It,( Ifj~t:\~ \.k pri({~ ft:',*,4i-O-fU:0lt .Hor'M"'~ ff'n.nod {"uSt.\ of litu. ~rvid.f11<t'; (ht In If,U ill>Uttlj. ,~-(Ult'-d b::; lAb l~d of lfu;:t; and (d tnll' l."Cd<l. if
<br />il_!il'~ < t'__t1f1.c ~~H;! in j.M'h',!ll1'l- ~.Uy f'Qfi1lNt tht"ftt0-
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