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<br />004010
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<br />by -this Deed of Trust immediately prior to the date of laking bears 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 />lfthe Property is abandoned by Borrower, Of if, after notice by Lender to Borrower that the condemnor offers [0 make an award or set~le a
<br />dai.m for damages, Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to collect and
<br />apply the prOC~5, at Lender's option, either to restoration or repair of the Property or to the sums secured by this Deed of Trust.
<br />Unless Lender and Borrower othef\o\.1se agree in writing. any such application of proceeds to principal shall not extend or postpone the due
<br />dare of the monthly installments referred to in paragraphs J and 2 hereof or change the amount of such installments.
<br />10. BolTOwer Not Rdeued. 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 succes...,or in iQ(erest of Borrower shall not operate to release, in any manner, the liability of the orisinal Borrower and
<br />I)..trrowu'''i- Sut:ce~SOfS in interest. Lender shaH 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 de."Tland made by the original Borrower
<br />and Borrower's successors in interest.
<br />II, FOf'be.anA<< by LeadN" Not. W.iver. Any forbearanl,.'1!: by L-ender in e.xercising-any right or remedy hereunder. or otberwise,afforded
<br />by applicable law, shaH not I:>e a waiver of Of preclude the exercise of any such right or remedy, The procurement of insurance or the payment of
<br />taxes or other liens or chargM by Lender Sohall not be a wa.iVef of Lender's right to accelerate the maturity of the indebtedness secured by this
<br />lX'ed of TrusL
<br />12. RenH'dits Cumulatlvt'. All remedies provided in thi.s Deed of Trust are distinct and cumulative to any other right or remedy under this
<br />Deed of Trust or aff()rded by law or equay. and may be C'xcn:ised concurrently, independently or successively.
<br />13. -'\urteuUts _ad A~M 80004; JobIl .nd ~f"nd Uabllity: CAptkms. The cov-enants 8-11d agreements herein cont.ained shall bind.. and
<br />the rights hereunder shaH inure t{J. the n:spcctive sm,'Cot30rs .and a.."isl!,:ns of Lender and BorrOwer. subject to the provisions of paragraph 17
<br />:-'~f-.:-~L ;"~; ';:~i;C=-;:l.n.t: a.-:= :tg::-~~!!!~ nf f0rrnW"'1' ~h-il'!H ~ !-njnr and ~ve(a1_ The caPtions and headings of the paragraphs of this Deed ofTliist
<br />art' for ":Qovemenct: only and are not to he us.ed h) inrerpret or define the provisions hereof.
<br />14. Notta. .Except for a.'1y notIce required under applicable law to be givt'n in another manner, (al any notice to Borrower provided-for in
<br />this Deed of Trus! '\haU he gp,,'en by mii!ling such n-o-m:-e by certified mall addressed to Borrower at the Property Address or at such otber address
<br />as Borrower may designate b')' notice [0 Lender as provided herein, and (b) any notice to Lender snail be given-by certified mail, return receipt
<br />requened, 10 Lcnd~r's. address stated haem or ti) 'iiudl-other ~ddr~s as Lend~r may d~~ig..-rmte by n{\ti~- to Borrower !.! pr{l-vid~ hercinr'_A.~y
<br />notice providN for in this Deed of Trust ~haH be deemed to have been gIven to Borrower or Lender when given in the manner designated herein.
<br />IS. Vniform ~ of Trust: Gu'llf'f'lliftll...'ft'; Sn'erab.!tty. This form of deed of trust combines uniform covenants for nationai use-aDd
<br />non-uniform c('>\'cnants wilh hmited variauom by Jtlrlsd.lcuon to con-stitlltt': a unifor;r- . curity instrument covering real propeny. This Deed of
<br />['rust shail be- ~overned by the jaw of f.he ,IUIlsdicuon in which tht< " :1~nY l_~ localC"..l. In the event that any prOVision or clause of this Deed of
<br />rruM or the Note nmt1ict~ with O:\pplH:abk !a~. ,;uch conflict shall not alf~! other provisions of this Deed of Trust or the Note which can-be
<br />~iven dt'e<.:t wlihotll the ~onnkiln~ rr~wl',im/;. ani.! 10 thi:> end tht proVISiOn:-. of the t.leed of Trust and the Note arc declared to be severable,
<br />16. Borfi).~r', Cqpy. Borrower ,~h~1.il he furm!>hed n (onfdrmcd copy Qf the NOIc Md of this l>eed of Trust at the time of execution or
<br />.1JtCf re-..:ordath_," h<:r~t
<br />I" fr:C:dt'f nf tht' Pr--o';)'M1~: _o\..ti9mption. lJ .dlof ~nv p.ut vt the PlOpcrtY {,jf an mleres-t therein 1$ SQI-d or transferred by Borrower
<br />'''I(hO\l1 t t'nde!'"\ rrl':l! wflHen ;,.:v-n\t'oL (:,\_:itH.1ing (allHe cfeaHi;m 01 a hef! Of C'n\"-umbran(:~ subordinate to this Deed of Trust, (b) the creation of
<br />.l pUf\,.'Ha<i,e lIl-\".nc)' \lXunt) lm~~t hH h0U:~t:hohj <\p:phanl.:~. tc:} ;'1 transfer by (h.-vl1>e. deS(,."('lll or by operanon of taw upon t.he death of a joint
<br />,('fi.iOI 01 Ill) fhe jo!,ranl e,j din leasen,)!i.l irHerl:.'~1 ol three' yt'-aNc Ul kS5- tlo! ':i)olaining all tJption to purchase, Lender may, at Lender's option,
<br />Jo.:iaI(" ,;di i1'lC \....tm \Ct ureJ f;} !~,... D~ d Tru<,[ W l,,: llnme\.hatd)' dur' and payable, Lender :l-hall have wa,ived such option LO accc:lerate if,
<br />pnol w the ~aJe 'H irM1Sl~i _ ; endt;"f anu Iht: pcrwn to ~ no-m the Pmpeny t!-> to be ~old or tramfen-ed reach agree-ment in writing that the credit of
<br />';u..:h pe('!.on tS >;,,<iw.t3.t'wry h> t..emi-("! a_W..! thaI the inter~l p"yable 1m Iht ~lUm ,{xureO bv thiS De_ed. of Trmt $hali be a1 ~uch rale as Lender shall
<br />fe-L.liJ't"SL it lender [;a.... WaJ\'~-d the \)ptiun w a!.:~1:kr..n.- prOytJcU Tn Ul1~ p-aragraph 17. and If Bormwer'5 ~SlH,;\'-essor in imerest has e.l(ecuted a
<br />WHrtt.'.j1 .'lss.umpt!tJ!l ~JC"~~n",.'ni ,.-H..-\.\:,Plt:U tl1 VoWillg to)' Lc,ulci, Lender ,,!ldH rdeaM." Hmwwcr from aU obhgauons under this Deed of Trust arid
<br />the Note
<br />l! l..euJ-er t"er...'l"t.;., "w.:h (lfHHiB to d,-.....:d(."{.tIC, l_t'nueI ~!lail /Hall BUffll~e! IH_HI~t.' of a('cder~lion tn ~~l,,'i)rdan~ with paragraph 14- h..-:roof.
<br />Su;,.;h nom:>>: !iha.li pro"li.k;t pew..xl ,)! not i~>~ th.an 30 da)s !rom the udte the llntll-e t'l nuuled within which Borrower may pay the sums declared
<br />duC', If BoHU~t'f !iui~ ~;) rd~ .,.i.H.:n ~.;,l11b r'nor to the l:'\P1l3tHH\ IJf SUdl peOL>J. 1 enJer ma}'. WUhOl.ll funhtf notice or demand on Borrower,
<br />Hl\'U~t: an)- rtm~~ctlf:~ roernHHt'J b~ p.a!it~r<!ph is helcol
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<br />~ON-U~lH,,-:H<"M CUVbNAl'l rs Horro\locl and Lender l\..lnhct (vH'Ilii.lll anu agree-as f()no~s:
<br />18. "-c,,'rifl'aOQO; R~. tl.'l't'pl iii PWliidN In paJ'1llarapll 1'7 ht'ft'Of. upon Bonowt'f's bR*:b of .., l'Oveaaat or ..reemeat of
<br />8o<<Q"'", ift ebb l~ of 1'",st. indvdjll& IlK- ('una.ob to pal" when dut tUI) SltlD:i 3eI.'\lI"e'd b)' lAb [)eed of l"ntJt, f..eudcr prior to aceeleradoD.
<br />,ball moll oo~ 10 11<>"....... .. p,o,ldod 10 par"c....pb 14 bueol .pedhioC' (1l1lK bRllCb: (1) .b. 0<1100 roqwrod to cure .ud1 bracll: (3) .
<br />daw, aut laalban JU U)lJ rfURI: lbt d.l~ of DOlk."f' is; maik'ti to Borrower, by whicb sucb brudlmust be cured;.ad (4) that fdeft to CUR: audt
<br />_<b "" '" bolo,. 1100 d... __\fled 10 IlK ao~.....y .....wIln ..."eImolion 01 tile .......lM!CUrod by IhIo Dftd of ]'rns..nd uk of IlK P"'-'Y,
<br />fk rwt.it:t'- lIlWl ftutlaer iRfonn Borro_er of !hot natu to, Mutate after accderatiou aad lilt- riPt tu brilll II court actio. 10 IISWft tile DO&--
<br />ell"-iK't".ol . fH-{a-iiU Vi' au) otIH-J defftie' of 80"0*6 It) a.c,eN-n1tioa &ad .sale. if the brucb 15 not cuRd on ur before the dale specified la the
<br />notk.'"'e, l...t'ad<< &1 tt'Bdc-r"$ nptioB UUI) dK1an-li-IJ of I~ wm;) ~ltred by this Ilftd of Trusllo be ImmediateI)' due aDd payable withollt further
<br />deuulDd .ad may iDU)kc llH pow<< of uk 144 au) olDer relbedia permitted by applicable law. LeDd~r shall ~ ~AtiUed to t.':oUtd aU reuonable
<br />('()Sf>> ud f'X~ iacu.n-ftI ia PUNWAI U., fltlJ.leWe:t pro\ided ~n tbls paragrapb Ul. im.illldjn&~ but not limited 10, reasoaabR auorne:)"s fees.
<br />HUM:, poWfer af ~ h iD~u4.ed. "t nIS1elf illall n!i:U(O ill notice uf det.~h io NC;:b ~uualy III ~'bkb tbr Property or some part th6t'6f i5 located
<br />>>.M ~ mail roptK of Wcll DUt.kt- jq the nUUU1~r prescribed b) appJk"abte la. (0 Borruwer and 10 Ilk utiler penoBi pracribed by .pptiaWe
<br />la_. "'-1m 1M lapM- 01 web time- M ma, be- f"4NIwRd b) appUcablr law, Truslf'e 1l1'laD .h-e pubUc DOlin- ur sale tQ tbe ;>en-OM and fa 1M- manoer
<br />_ri1Kd by OjJpliOlbk I...., 1",.1.., ..,itbou. demand 00 8<>rrow", sbtil soli,,,, Prop'rty at publl< .o;:lion '0 lb. blCb"l bldd.. ,"100 .lm.
<br />"AA4 ~ IWd uDder tlte (tnm daiauted;" tM uuti-cC' of ...Ie ln out iJr mor.: p-an:~ls and In sl.Icb ordN >>., fl'Uilte ma)' dc-termine, Trustft nUl)
<br />~tJ,WtW .-k: of .U f).t au) palm or ,1M-- Pt'o.-peI-t, b) public allQoUlKt-UlffH at thf- lime "nd pla<< \If 1ft)' p~,,'oU$l) ~.Mdukd lSale. tendet or
<br />l...w.r', d"",&_ m., jKlf<_ IlK P,op<t1y.t anl..u.,
<br />Upoe r<<npc of P41lJlflJt of llIe p-f~ bid, -{nulft dtaU dt1i~el' to thf purchuer rru)ol~'!i- d~ c-un\'~)'in& the Prup<<tl S(lld, Thf' rt-citab in
<br />tat Tf\M.tCC-"j deed .!taU he- prim>>. tad~ ~..-kk-It<< of thot {Ntb Oof tM Ji.tatf1m'BUl madf thrtdU, I NSk'r- ,Dan Ipph Ilk- pr~ of 1M- 5..a~ III iM
<br />ffttie.-i", 6r4u; ~.J 'h} al1 re&.IloC1aabk ('~tJ ..d e-x,e~ vr tlw &Ilk, In.,:ludina. bat not UmhC'd lO, rnast~'j fea or Dd( m-un (haa - '1""
<br />of 1" IJ'tJU ~ pt1(t, ~..bk _"U(AC)'J ftn.JUt f....u of lid<< t\'idf1K~~ UH 10..U !JUdU ~"rtd b, Ihis I.)(oed ut Irati;; and (d the ~,\l;'If'...... if
<br />.4), hi 1_ ~u't \l'f P'f'tlultS ~) t'Q,ldt-d tw~t-u.
<br />19. 8ort\Hu'f'" Riabc '6 Rriut.l*, .....',l,nv.'HthHl.Ihhn~ t t-lhJ-cr- > .i\....dt"1 i.HH_rn ,,~ !~t _'Imp, ~(.... \JH~d h ~tw, 1 )\'..\>1 ('1 t q,~,.l. HOH;,\'o.\\,'1 ,~llalllll1'
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