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<br />84- <br /> <br />003832 <br /> <br />r <br />, <br />I <br /> <br />9. COJJdeomoation. The proceeds of any award or claim for damages, direct or consequential, in connection with--any <br />condemnation or other taking of tbe Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned <br />and shall be paid to Lender, <br />In tbe event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Peed of Trust; <br />with tbe excess, if any, paid to Borrower, In the event or a partial taking of the Property, unless Borrower aDd'Lender <br />vL~rwi~ ~gri;~ in writinb-, ~~r~ ~h!!H ~ ~Ntlif!d fO the sums secured by t~is peed of~_rust such -~pO.rti~~ of.-tbe'~r~s <br />as is equal to that proportion which the amOunt of tbe sums secured-by thiS lJeed: ot 'irust immeuiatt>iy 'prio(~tu_-t~-~~':~~ <br />taking bears to the fair market value of tbe Property immediately prior to the date of taking, with the halaDeeof the proceeds <br />paid to Borrower. ,,', <br />If the Property i. ahandoned by Borrower, or if. after notice by Lender to Borrower tbattbe CODdemnorolfers:ton>akll' <br />an award or settle a claim for damages, Borrower rails to respond to Lender within 30 days after the date such" noticeis" <br />mailed. Lender is authorized to coHeet and apply the proceeds, at Lender's optk;n, either to restoration '- or -repair-_-of",ti'..er <br />Property or to tbe sums secured by tbis Deed of Trust, <br />Unless Lender and Borrower otherwise agree in writing, any sucb appliclllion of proceeds to principalshall.not"extend <br />or postpone the due date or ,he monthly mstallments referred to in paragraphs I and 2 hereof or change the amonntof <br />such instaUments, <br />10. Borrower Not Released_ Exten\ion ('If the time for payment or modification of amortization 'of the -sums secut-ed. <br />by this Deed ofl~tuSl granted by Lendet \0 any successor in interest of Borrower shall not ope_rate to-me_,- in--any manner.- <br />tbe liability of the original Borrower and Borrower's su_cces..wrs in interest. lender shaH - not be- required:- to 'commence <br />proceedings a@:ainst such successor or refuse to extend time for payment or otherwise modify amortization of the- .sums <br />\ecured by th1.~ Deed ('Ii Trust by reason of a.ny demand made by the original Borrower and Borrower's successors--injnterest~ <br />1 J. Fo~.nnce by l...mder Not a Waiver. .-\oy forbearance by ,Lender in exercising any rigbt-or remedy he~der, 9f - <br />otherwise afforded by applicable law, s.hat1 not he a waiver of or preclude the exercise- of any -such ri~t. or remedy. <br />The procurement of in.'mrance or the payment of taxes or other liens or charges. by Lender shall hot be a waiver,of Lender's-_ <br />right to accelerate the maturit\' of the indebtedness s.a:ured bv this Deed of Trust. <br />12. Remedies CumulatiVe. :\11 remedies provided in thiS Deed of Trusl are dishnct and cumul:ative to any-other- righ~ <br />or remedy under this. Deed of Tnut or afforded by law or equity, and may be exercised concurrently. inde:pendently-'or <br />successivet\.' . <br />I J. Sucresoo... and AssiKDS Il<>und: Joint and Seve"" Liability;. Captlo.... The covenan~s and. agreements herein <br />~OOl.lilOed shaH bind< and the rlght_~ hereunder s.hall mure [0, the respective successors and a~jgns of Lender and Borrower,_ <br />subject 10 the pr~)Visi()~ of paragnlph j 7 hereof_ All cQv.enants and ag:'" -~ \e:ots of Borrower shall be joint- and-' several. <br />The captions Olnd headtngs of the paragraphs of 10:5- Deed ;Jf Trust are ,_ convenience only and are not to be used to <br />inlerpret OT define tbe provisions hereof. <br />14. Sod<<. Except for any notlce requIred ,mdct 'l~pl.cabIe law 10 he given in another manner, (a) any notice t-o <br />Borrower provided for in this .Det-.d of TnlS{ shaH he given by mailing such nottce by certified mail _addressed to Borrower at <br />the Property Address or at such other address as. Borrower may des;,gnate by notice to Lender as provided herein" and <br />(h) an~' nottce to Lender shaH be given by c:ertified mati. return re(;eipt requestf:d. 10 Lenderos address stated herein or to <br />..uch other address as Lender may desl:gnatc by notice to Bo.rrower as provided herein, Any notice provided for in-,this <br />Deed of Trust shall be deemed to have been gIVen to Borrower or Lender when given in the manner designated herein. <br />J5. lInifonn Ilftd of Trust; (;On"milll Law; ~"nabjJit.y'. rhl~ form of deed of trust combines uniform covenants for <br />natlon.llllse .>:no. non~untform C(1\-'~nanrs wllh limited \,<.l.n.ations hy jurisdjt:tlotl 10 constitute a uniform security lnstru~nt <br />,,'overing real prorxny. lbis Deed of TrU!ll ..h~tli he ~overned by lhc law 0t the jurisdiction in which the Property is located. <br />In the cven~ that ~ny pn)V!'$!Qfi (" dause u1 th,s Deed d Trust (Ir the Note L"onfticts with applicable law, s-ucn t:ontlic.t ,shaH <br />not affeQ other pro\'t'sions ot fht1.\. nt.~.J of Trust or !he Nnte ",.h:d1 C;'ln he given dfect wirhO\H the I;ofifhcting pro....iSJOn, <br />aIid h) thIS end the pnW~DS of ~he j)e~d Ol l"rus.t and the NOIC :HC declared h' he sevcrabte. <br />16~ JI.orro1iter'1 Copy. 8orH.)wc:r thalJ he !ltfll1,hed Ii ..'Ol1fNrucd .:opy of the Note and of lhis D~ed of Trust al the time <br />.1( e-xecution Qr after recordation hereof. <br />17. Tnmsfttoitite Ptopenr~ AMDmption. ji aii i',r any parI ()f the Pmpl~fIY or an interest therein i.Ii sold Jr transferred <br />hy Borrower wHhout Lendrr-.. pflc.r wflHcfl ~i.Hls~nL ndudmg i;\ i the I.-Tcalfon {)f a lien nr enellrnbnmce subordinate to <br />ihl\ f).eeJ ("If Trust, i h) the t:reatton d ~! purchase moue\' <;C~llrt1Y lnterc~t for household apptian{,;es, Ie) ;'1 transfer hy devise, <br />,Je-$'COl pr h) npc:ratton of' law upon the dealh of a ,l;Hut knarH \If \ d) :he grant nl' any leasehold iOleresl of three )o'ears or less <br />nol: l.:'onlalnmg ao \lptHm hl purchase, lender lTla\, ;it ! _entier" uptaIn, d~chHe 3!i the :oiun15 ~ccured hy 1his D~'"ed of TrustlO be <br />immediately dU(' and payable::, Lender ",hai! lld\'c \\-i.il\'L"ii 'iuc.h optIon [,-'" a.:celerah:: li~ prior l('l the s.ale or transfer. Lender <br />-!nd the ~rs{Jll 10 whom the- Propc:'rlY i~ t>.J he ~nhllH' u.:t.n...fcncd n:-ai.:-h ;:~reemenI In wfitjn~ .that th<: ...Tedil l.-..,f such person <br />1'<. :.-atlslactory h' LenJcr imd [hat lhe :ntcr~! p~n ;lhlc ..If) lht" ..um:j ,,,cl.:wed h' tfw~ Deed 01 frust ~haJJ be at s~ch rate as <br />lender s.halt request. It' Lend-er hb watved tnc'l'j1fWn ((J iiu,:-det.tte proVided in thi!i paragraph 17, and if Rorrower's successor <br />in Hlleresl h~ c:\e(:uted a wnllen ~ul'llptlon agreeH\('1l! :K;,:cplcd III I,.n1!log hy Lender, Lender shaH release Borrower from <br />,i.ll nhiigalion"l under thi~ I)ecJ l)1 rn..bl .J.flJ the Note <br />if Lend~r c\enOIS,eS ~u..'h ~\rtH.'ln W .l(...dt:f at(', Lend~r ..hall itl~-td fh_\rnwn:r 110ll~C ,:If a~(dcratlon in JCl.;ordance with <br />paragraph 1.. hereoL S-u;;h OLlr:ce ~haH pro\idc d pellcii.ll)f ~\~ll ,'-.''i~ than .hl days Iwm the dale the nottl.'C" IS mailed wIthm <br />Whl~h BoU'o,,,WCI ma) pay the -:.UlllS l.kdare.J .Jut". It HLHW\HT t~lb 10 r~i\ \u(h ;.Imb pnor li,'l the ~.'qnralion of such peno<L <br />Lt.'rider may" without further no!!\;e l.'! Jemand i1fl HOffn~-CL ''lhll..C ..n~ lC"m(:the::. permitled hy p:lragraph i X hereof, <br />NO"l-C.'1lt-OkM C()"''':N''~l'' Borrowe! ;,iod l.l,7uJer hJllhcr ~llVelhlnl :.wd <lgree .l-:, follows: <br />1M, ,\{'(:("lrfatioB~ Rl'm~dift. :EJu'pt...lrto pro\ritk-d in pillllltraph 17 h.eNfflf. upon BOfTower's bru('h of anl (:o...enAO( or <br />~r<<m~nt of 8urro\lllC"f in .bi!. n<<d nf hu...t, mdudinll. tilt- co\-t'nlilnls to pu)' when dut' any sums !!i.-cured b)- this need <br />of ''-''\1,,"., '-<'tide,. prior to an:d..-ratton ~haU mail nuti..:.- lu 8onowt.'l' .II~ prm.-ided in paragraph 14 hel"C'uf specif)"illl: (I) thr <br />hrC'kh: I!) Ihl:' ..u:hon fr-qulrt'd 10 ..un... "'h:h brea,,:h; (-'.1 u daft', U(lt tt'S~ thafl 30 dal" (rom Ihe date the nolke is mailed to <br />Borru"'t'r~ h~ ~hkh ~ul.h brC'liu:h mlbl be Otr~; lllld {.a) fnat failure 10 nlft- \u('h bn:aKh un (Jr b('foft the date lIop('dtit'd <br />tR .he.' nuli..'C' In., rl""lou'l tU a\.'i:d~ntlion of the SUIII~ ~n'uft'd h~ (hi.. nt"ed 01 fruM and sa.le of the f.ropen)0 fhe nollft" <br />!ohllU furtbn in{tUrn Bono""'er uf the r~hl w rt"in~tale aUe-r ..n:elt>ration :md Ih~ rtehl to hrin" .. ,'ourt iu..tion In a!lo'-Crt <br />ttw ft!)IH".\bf~IIt::if" t,f a delault ur am oth~r deft"ll..w uf BonUlun 10 andenuioll and ~4.", If the brt"au:h b not oJrt'd <br />nil I,){ ~foU" ttw Wtt~ ~p<<:{'ifit'd in tht' 'Dotke. I.endt"r at I.endu', option ,"M) lit-dart.' all oj' Iht" ."lIm_", ~t~t'uied b) thi", f)et:d <br />of J ruM to be illUDrdiatei) dUt and pa)ablt' "ilhuut furlAf'f deUland and nUl.\- i.1'l'UJ,.lo the p()\H~r ut _~Ie and an~ odu~r u'medit"" <br />pcouiued b) applicabk la", Lrndrr sball ~ ~ntitkd tu ,'uUed ..U U'u.'!,onable \,:t.~t\l and l'_\pt'n~t'";, incurred in pursuing thi;' <br />rt'flle'din pt'U\lckd in th..b PUHlnlpb IX, indudinK" but uat limite-d to, rea..;.ouable altume}." ft(.~" <br />If tb~ PO""-t'f of ~ i~ in\oL.ed, TruMt'C' ~haU n'"t,:urd a uHtke nt' ddaull in t,'lu:h (oun,,~; in '" hieh jhe ProJWrl) HI ,...nllH.. <br />part fhu~of i... t.xau:d and !'otullJ mail cop"-"" of ~u4.""h no,....'1: HI tht llUl:nner prt:.."aH.w:d fl.) appli"..able la'" in llorwwef and to lh(' <br />nihc::r ~rWIb procribed b,y >>pplk.blr 1&",. ,'\t'tf'r th~ I-.P!oC ot' ..u,-h lime a.. ma} lK: ft'Quirw b) ~vplifahh,' la~. hU~let' ~haU <br />~h~ publit nvtK~ of ~ !o tbe penuns ;lAd in l~ mannt"f ~)ft:"!'o(ribed b.\ :fpph..'abl~ 13:'1\'. rruste~, "Ithou. denumd Oli <br />Borro"'C'f~ MtalJ ~~U tbe- Prupen) ~u publk aUt:liun to tn'" h~tu:~t bidder at the timi' and plan:' and undu the t('flU... dt,..ign.ilt>d <br />In t~ notln: of ~ in uoe Of mot~ pan:els and in Wi:1t Hrder 'fi r f\l~tee IDa.\- deu:nnint. Tru~h:e nlll" po~'poue ...ale Hi" aU <br />iU ....)' pane. of tM- Prupen)" h) publk announn"lUt:nt J.lt tbt- time and plan,' of an) pn:\i4:JUsl) ..,>he-duJed ~alt'_ I..,nth'r 1.11 <br />1..t:'lldff'~ dtsCllft may pW1.'lube the I)m-put) at au) ~. <br />t'poo. r<<~dpt of J~~nh."nt (,r lilt: priet' bid. !I"tbtet; sludt d4:'lht'l to th,. fJufTha~r frU~l-f.:'t"... oet."(t ("Ut1\'C~ill~ lhl' l'nlV''"II\ <br />....>>d. rht- fet'itaL, in tbe Trn!\.ttt'.... dl"'t'd ..hail }14.' prima r.iC-1t' l.\'dern.:e Hf the truth l!t ttw ..t..lt>tlU,'Ub l1u"dt' tht'rdu. I"ru:-.h'" <br />..taall appt, the pn.M.~toed--", HI tOt" ~ in tht: foUn,""in~ ordt'c i3i to diU 1't'OtM.ln-*b!t' ..:u~.b and "'ik'I1M'" t~l th.... ..dk~ tndlujin~, hut <br />nut iimiltd tb. fN.\.ltt'" rt't'i:>: of nul [Uurt' than'] of l{~ hI' Iht' ~n~'" '!oU11" l'rit'(.. n:...,.mahl~ OJllurn,') '" f...'{'~ and t'U"i.'< vt HUt: n idl'lh,-",". <br />\hi hI aU~,"m~~UJ''t"d b\ Ibh.l~d t>>1" rru~l~ anu ((I rhe t':u..c....... ifan), to tilt' (>t"'MJU HI pt.'r",nu~ It1taU~ ,'miUt'ti thUdU. <br />19. Bonowt'f'fO Rilh. to Mrinst.te, '\.~t';.\llh"tJ.fllhn~ ll~nJc(~ ,l;"(1,.'kr.I!I\lr, .'1 Ih\.' ,,:In-.~ ,,-'>..'tHn! ~'\ 11w, Dn'd,,~ I <br />Rorr\HNt:f \-hilH ha,,-t; lnt; fight !C~ hJ.\(, .lfl\' pr,".,;:l't,.dm~.. t....gun \-'\ l.en-lit'l I,' cnluh:t' lill" DCl.."d ,'; 1 p,.", :'''I,'''ll!lI!;.h.',j ,d <br />,:illY rltnt: prH)t !i:' the I;:i!fhcl t(l ('~C\lj ..Ii j:l Ih~ :'1t '~l J~.., hel\)!.c iht; ....i1~_ .It tht:, Pf\.ll-XO\ pllr~u,ilH {,. Ill\." \ \j 'dk ;:,'n:,IH\n~ <br />lfl ihhllo:,d of -I rW,l \~f lit; l'lllr)' l'( ~l jHdgnll:l\t t. nl(lrl.ll1~ lhl" l)('ed IJf I nn\.-i II \':i) U\lrHh"~! P,l\" I "'U~l,., \\. 1;;l..h ...._ I,,,it.! <br />~ then due lll'HJcr !hls f~e.J ,Ii Irlt:>.!. :he :--;..HC ,wd IIpii'" ....t'\..l1fHljl Fuwrc "\i.hoiill..'n ii ;ln~> ~l.Id Ii'~ .h',:..:k'r.\l"ll1 ';""IH[c'd <br />ihl nOnil.....;;!' ,,'tHt.'" .!I! hH_~.l...h\-'!. ,II ;ln~ lllht'1' "P'\'fl,Hlh ,II ,lgrccHH:li\'. ,Ii Hnn\)\~~~l ,\I:!\.lliH:d ii' !hl~ D\'e..J ,,~ l"hl <br />i\,ilj,)trly...-cr pa)',:,< ;~ll n.~"\lH1.ahi~ \."-\Jx'n,\(:", H1-...:\u!{.d bv I t.lldt~l ;tnJ rH!\l~'~ ':nll'l"i,:uq.; lh~ ,\I\((l,jiH', ,,1\.1 .1,~I\:t'lln'nl" ." <br />H.nrrv\\cr L{'lUi,"mo;:l.l In Itw. [~J .'1 -I ru..., .tlHi lfl n11i'r,ltl,f: I ender', ,nil! I J I.l\tt'\>'~ It"mt.'..}lc... ,I, \'f'I'o ,deli j',lI,l.\o!! ,11'/1 ;.-\ <br />h(':f(.~'jL in..:h,dint&_ hut n~'l~ hnlllcd !o, l'c"'{lailbk 'lti~lrtH:..'" I':T'., ..nd h1t Hn!f\1l,h:t !,l"'l"" ',u"h ,Inidl' ,j\ 1 ~'j,,-kt )H,~\ ,-'~I\,'n:.j!,i~ <br />'t:qHlft~ In ,!-f-'''<U!(' thlll !-ht;: hi;':\l \'f lh,~ fk,.J ~1f I'nhl f C;p,\{<t." in\<:-ft....l ,1\ Pt\-'P(.t1\ ,j\",d Hnl;t1\',-\ \ ..)hjl~:,\:~'l!\ <br /> <br /> <br />L <br />