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<br />9. Condemnation. The proceeds of any award or claim for damages. direct or consequential. in connection with any
<br />condemnation or other taking of the Property, or part thereof, or for conveyanct in lieu of condemnation, ~re hereby assigned
<br />and shall be paid to Lender,
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Deed of Trust,
<br />with the excess, if any; paid to Borrower. In the event of a partial taking of the Property, unless Borrower and -Len~er
<br />otherwise agree in writing. there shaH be applied to the sums secured by this Deed of Trust such proportion of the--proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immedia~ely prior to the'-date of,'
<br />taking bears to the fair market value of the Property immediately prior to the date or taking, with the balance of the pro<;eeds
<br />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
<br />an award or settJe a cJaim for damages, Borrower fails to respond to Lender within 30 days after the date such, notice:ds,-<
<br />maiJed, Lender is authorized to collect and apply the proceeds, at Lender's option, either to restoration- ,or repair',of:--the:-; --
<br />Property or to the sums secured by this Deed of 'frust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall-not-extend
<br />~~chi=ll~~~s~ue date of the monthly installments referred to in paragraphs t and 2 hereof or change the _amount- of: .
<br />10. Borrower Not Released. Extension of the time for payment or modification of amortization 'of the- sums secured-\,
<br />by this Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate to release,- in,'any manner7--'~--C
<br />the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required 'to 'commence-_
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization - of the sUms
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successorsin-interest;
<br />11. Forbearance by Lender Not a Waiver, Any forbearance by Lender in exercising any right or,remedy~~_ereunder;--or
<br />otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or-- remedy:
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver,'of 'Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Deed of Trust.
<br />12. Remedies Cumulative, All remedies provided in this Deed of Trust are distinct and cumulative to--any other Tight
<br />or remedy under this Deed of Trust or afforded by law or equity) and may be exercised concurrently, independently' or
<br />successivelv.
<br />t 3. Successors and Assigns Bound; Joint and Several Liability; Captions, The covenants and agreements-' herein
<br />contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and: Borrower,
<br />subject to the provisions: of paragraph 17 hereof. All covenants and agreements of Borrower shall be -joint -and several.
<br />The captions and headings of the paragraphs of this Deed of Trust are for convenience only and are not to be used --to
<br />interpret or define the provisions hereof.
<br />14. Notice. Except for any notice required under applicable Jaw k given in another manner, (a) any notice to
<br />Borrower provided for in this Deed 01 Trust shall be giver. by mailing ':, _ Jtice by certified mail addressed to Borrower- at
<br />the Property Address or at such other address as Borrov.cr may d("--_~'lte by notice to lender as provinee herein. ami
<br />(b) any notice to Lender shaH be given by certified mail, return receipt requested, to Lender's address stated. herein or-to
<br />such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for. ,in this
<br />Deed of Trust shaH be deemed to have been given to Borrower or Lender when given in the manner designated herein,
<br />15. Uniform Deed of Trust; Governing I..aw; Severability. This fonn of deed of trust combines uniform covenants -for
<br />national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument
<br />covering real properlY. This Deed of Trust shall be governed by the law of the jurisdiction in which the Property is located,
<br />In the event that any provision or clause of this Deed of Trust or the Note conflicts with applicable iaw, such conflict shaH
<br />not affect other provisions of this Deed of Ttust or ,the Note which can be given effect without the conflicting provision,
<br />and to this end the provisions of the Deed of Trust and the NOle are declared to be severable.
<br />16. Borrower's . af) be fUflllshed a conformed copy of the Note and of this Deed of Trust at the time
<br />l'lf execution or aftc.t: :~,. .. .",ol't#,,,-,, .
<br />17. Tramer of t . .~l or any part of the Property or an interest therein is sold or transferred
<br />hy Borrower without Lender's prior wriuen consent, excluding i a) the creation of a lien or encumbrance subordinate to
<br />this Deed of Trust, (b) the creation \)i a purchase money security interest for household appliances, (c) a transfer by devise,
<br />descent or by operation of law upon the death of a joint tenant or (d) the grant of any leasehold interest of three years or less
<br />not containing an option to purchase, Lc-oder may, at Lender's option. declare ali the sums secured by this Deed of Trust to be
<br />immediate!)' due and payable. Lender shall have \I,'alvcd such option to accelerate if, prior 10 the sale or transfer. Lender
<br />and the person to whom the Property is to be sold or transferred reach agreement in writing that the credit of such person
<br />IS satisfactory to Lender and that the interest payable on lhe slims sc~ured hy this Deed of Trust shall be at such rate a~
<br />Le!lder shall requt::~a, If Lender ha& waived the oplion to <tcl:deratc. provided in this paragraph 17, and if Borrower's successor
<br />m Interest has executed a wrilten assumption agreement accepted In writing by Lender. Lender shall release_ Borrower from
<br />all obligations under this Deed of Trust 3.nd the Note.
<br />If Lender exercises such option to accelerale, Lender shall mail Borrower notice of acceleration in accordance with
<br />paragraph 14 hereof. Su.:h notice ;',;ha!l provide a period of !lot less than 30 days from the dat~ the notice is mailed within
<br />whkh Borrower may pay the s-ut~ns dedar~d due. If Borrower falls to puy such sums prior to the expiration of such period.
<br />lender may, without further nuHC~ \)r demand on Borrower, invoke an> remedies permitted by paragraph 18 hereof.
<br />NON~U~HrORM COVENANH.. Borrower and Lender turther covenant and agree as follows:
<br />18. Acceleration; Rf'nledies. Except a., pro,,'ided in paragraph 17 hereof. upon Borrower's breach of an}' ("uvenant or
<br />a~reem~nl of 8orru~'er in Ihis l)e~d of l'rusl~ includinK the ('t)\'cuants (0 pa) when due any sums secured by this Deed
<br />of Trust, Lender prior 10 acceleration shall maUno.ice to Borrower as prO\,ided in paragraph 14 hereof specifying: (1) the
<br />bf~at:h: (2) (he action required to ,..ure sU4:h hreaeh; (3) u date, not I~ than 30 days from the date tht' notke i\i mailed to
<br />80fO)"er, b) which sUl'h breach must be \'und; and (4) thai failure to nne ,\ouch breacb on or before the date specified
<br />in the nOlin' nUl) rt"suh in aHeleratiou of .he !toUIU~ secured h~- Ihis need of Trusl Dnd sale of Ihe l"roput}', The notice
<br />shall fur1ber inform Borro\\.cr of the right lo rein!t-tate after u4:l'eleration and Ihc riRht to brinK a l'oun action 10 assert
<br />(he nolt~e:\.illtence of a default or all) other dertn~ of Borrm\Cr 10 accderation and sale. If the breach is not loured
<br />on or before the date spe-cifi~d in the notice. Lender at Lender's uption ms) declare all of the sum~ se,,'ured b)' this need
<br />of Trust to be inlUu:diatt'ly due and pa,-able \\-ithout further demand and may imokc the power or sale and anJ other remedies
<br />permitted b)' applicable law. Ltc'ndcr sh>>.!J be entitled to collet:t all rea..onable ('usts and expenses inl'urt-ed in pursuinJ:, the
<br />remedies pro\-ide-d in this par.-grolph Iti. indlldin2~ but Rat limited to. reasonable attoroc}"s fees,
<br />If the poM-er of sale is im'oked, Trustee 3hall r~cord a notin of default in each l-ouot)- in whiil:h Ilu'_ Properi) Of ..om\'
<br />part thereof is IOl'aled and 3hall mail fopies of !:oiUf...h nolice in the manner prcs....ribed b) applicable 11I\\" tu Borro"'cr and tu the
<br />uther person..s. prescribed b) applicable- 18\\-, After the lapse of sm:h lime a" ma~ be required b) applicabh: 18"", TrusteL' shall
<br />~h'e public.: notke- of sale to the person!!. lmd in the mauner prc~..:ribcd b) applil'uble hnL TnlS(cc, without dl'm3ud un
<br />Bonuwer~ shall .s.ell the Propert) at public aU4:tion 10 the h,~lu:-st hidder at the time lIud plan' and uudL'r (hI;" tl'"f1HS dt's.il:,natl-d
<br />in the notice of sak in one or more parcels and in '!ouch order :.1'- Tru~tc-c ma) determine. Tru~lec mal postpone s.a)e of ull
<br />or an)' panel of the Propert)' by public annoUllnment at the time ~tnd pblt..l" of anJ' prc\'iousl)- ~,;hedulcd ~alc, l.,"ndt'r or
<br />L('"nder~s dt'Signee ma}' purch~c the Propert) at an}' sale.
<br />l;pon rrt'eipt ~~r pa).ment Hf ihe I)rit.'e bid. Truslt:~ ,hall dc-tinf to Iht.. pun.:has.cr rru~tct"~ dl't'ti t:on\l'~in~ the P"')pai~
<br />sold. The redtal~_ in lilt Trustrt.... deed -,han b4:- prima facie t.'\ iden~t' of the !I'uth of the ...taklUt.'nt~ llwdt: therein, 'I nhlt~\.'
<br />shall apply tbt.~ pnxt.-.:ds uf tht.' ~Ie in th\' fQllolo\iug order: tal to all rC-3S4Jllahlt., t'H,.,b and l'\pc-n~'... of the .'o.:.tlL>. iJh,:ludlu~. lIul
<br />not limited to. Tru~tff.... ft't:s of not owrc than I.~ uf Ili( ur tlu' ~ross salt, prkt.', n'aw.nahk ~dhJnlt.) .;, fL'C!'> and t.:u~h llr lith: n j\h:lu..'t';
<br />till H.. aU sum~ M'Cun-d 0\ lhi~ Ilt-ed ofTrust~ and H:l tht.' \'Wl'~'. iLU1) , 10 the pi..'l"..Hll or pcr'->tl1h Il'~aU) t'ntitled tht.'rdo,
<br />19. Bonowu.s Right to Reinstate. NI-1t'A'lth\lalhflng ! A..ndc,'" .h.:"Tkl,lli.';) l'l lilt: "~'\.Uf\'d b\' \111" Ik-.:J I': 11 ;".
<br />R<nrllwa lO,hail have the right to h.l\'\: ,-wy pl'i,:\\:ct'ding\ hcgun h\ 1 ~'J)d~'l i\' .'nf,1f':<; D\.'<:d Il{ I fll< :It
<br />.u1Y timc pri(.l[ to tht: cadil'!" to (l";,,:ur Ilf tii lhl..' fifth da~ r.clo:c thl.:: "lIe pf the p,~'t'l1.'ll'r plir~u,\nt I,' !he
<br />!O thi" Dc('-d \\( Trust (lr (ii) ('ntry n( ~I juJgm~nt cnf,'L.:lllg thi\ Deed pf Till..,t 11 \dl Rnl / (1\\ l'f p.l)'" J
<br />he then due- ilnder t!-1j~ Deed llf Tlu,,!, the ~(ih.. dnu Hllte\ \1..'<..'\1111\>:' FU!\in.: "\lh,l!l\.'I.'\_ :1' ,lt1\ t'.ld p.' Ui fl'd
<br />lh} B-Ofrt'....e( C\lr..;\ all hrea>.:ht'~ ,,[ any \'\!ht:r ~'-'Vl:n~lnt\ \\1 ~ ,If B,)ft\'V.t'l ,"nt.\ln~.d ,n !l\l'!
<br />H:) tlorro...-.c-r PilY' all rc,-t\onahk C\r'cn~t" innllft...d by 1 t:nd1..'f ,-PHi HI ,:n"'_l('n~: lh~ ,-,'\,'f1,n1h ..nd ,1~~il'1,'~ h'l!l'
<br />RtWfUWCT ,;on!ain~,d in Ihl.. D\,'cu III TrU\ij ;:nd In_ cnfnt....ing J 'f'<.I hn\-i.',JH:''\ ,~', ~'(l'\ I' r,lf,li-! ,l,'h
<br />h("r~of. indudin~. hut nul tuuikd itl, f('il_\onahk ;l\!Clfnn".. k~~~ H. fh'r~-ll\\l'l '.(((i': Mh'!; ,.\ I, ,)).,\
<br />It\pt1t.,.: to ;J~\Uf~ that lhe llt':!1 11f rhl.\ nl:e~t <,j" rrn,~ ll.'ndt'l", mlt'n"! ,I; 1h..: Ph'prrt\ ,;n,l Bt'i'\'''';'''~ ,+Jll.~.,ti. "
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