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<br />by this Deed of Trust immediateiy prior to the date of taking bears to the fair market value of the Propeit9 inunedfatety prior to'the-dare-'of
<br />taking, with the balance of the proceeds 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 an award or-settle a-
<br />claim for damages. Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to. -coll~t_and
<br />apply the proceeds, at Lender's option, either to restoration or repair of the Property or to the sums secured by this Deed of Trost-.
<br />Unless Lender and Borrower otherwise agree in writing. any such application of proceeds to principal-shall not exteild ()r:postponeJbe:du~
<br />date of the monthly installments referred to in paragraphs 1 and 2 hereof or ehange the amount of such installments:.
<br />10. Borrower Not Released, Extension of the time for payment or modirication or amortization or the sums secured by this DeedofT~t
<br />granted by Lender to any successor in interest of Borrower shall not operate to release. in any. rnanner~ the"liability of the origiJ:ial:BOrro",e:r:alid';':'
<br />Borrower's s!.!ccessors in interest, Lender shall not be- required to commence procet'.dings against such successor. or 'refuse-: to e).1end:.time:;~for".
<br />payment or otherwise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the.ori8in8.i.,iJo-rrower.
<br />and Borrower's successors in interest,
<br />11. Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder.~ or otherwtse'affor4CiQ
<br />by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy, The procurement ofinsurance,orthe:~Ym-ent:of"
<br />taxes or other liens or charges by Lender shall not he a waiver of Lenderls rig..l:tt to accelerate the maturity of the indebtednc;ss:secured~by-jhis
<br />Deed of Tru.!.
<br />12. Remedies Cumul.the, All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy_ un~e~ this
<br />Deed of Trust or afforded by law or equity, and may be exercised concurrently. independently or successively.
<br />13. Successors aDd Assigns Bound; JoIot aDd Several UablUly; Caplin.., The covenants and agreements hereinconta!nedshaUbind.arid
<br />the rights hereunder shall inure to. the respective successors and assigns of Lender and Borrower. subject. to the provisions ofpa.rBgJ'~pb"l7
<br />hereof. AU covenants and agreements of Borrower shall be joim and several. The captions and headings of the paragr~phs'ofthis.Deed'ofTriist-
<br />are for convenience only and are not to be used to interpret or def:ne the provisions hereof.
<br />]4. Notice. Except for any notice required under applicable law to be given in another manner. (a) any notice to Borrower provided.for in
<br />Ihis Deed of Trust shall be given by mailing such notice by certified mail addressed Hl _ ,Tower at the Property Address or at 'Such other,.~
<br />as Borrower may designate by notice to Lender as prvvided herrin. and (b) an ..tiet....) Lender shall be given by certified mail, return receipt
<br />requested. to Lender's address stated herein or [0 such other addres1i as Lend~~ may designate by notice to Borrower as provided herein.. Any
<br />notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated.bClein~
<br />15. Uniform Deed of Tru..t; GoVrmiDg Law; Severability. This form of deed of trust combines uniform covenants for national use and
<br />non-uniform covenants with limited variations by Jurisdiction to constitute a uniform security instrument covering real property, .This'Deed.,of
<br />Trust shall be governed by the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Deed.of
<br />Trust or the Note conflicts with applicable law. such contliet shall not affect other provisions of this Deed of Trust or the.Note.which can be
<br />given effC'Ct \\"'ithout the connicting provision, and to this end the provision<i of the Deed of Trust and the Note are declared to be severable.
<br />16. Borrower's ('op)'. Borrower ;;hall be furnished a conformed copy 'i)f the Note and of this Deed of Trust at the time of execution or
<br />after rt."Cordallun hereof.
<br />P. Transfer of the Propert)'; Assumption. If all or any part of the Property or an inter~t therein is sold or transferred by Borrower
<br />without Lender'~ prior wrntc-n con~ent. exduding tal the creation of a hen or encumbrance subordinate to this Deed of Trust. (b) the creation of
<br />a purchase money Sel.:unty imerot fur household appliances, (c) a transfer by devise, descent or by operation of law upon the death of a joint
<br />tenam Dr Id} the ~ram of any leasehold intereSi of three years or less nut containing an option to purchase. Lender may. at Lender's option.
<br />declare all tilt' \um~ se>.:ured by Ihis Deed. of Trust to be unmediau:b due and payable. Lender shall have waived such option to accelerate if,
<br />pnor 10 the sale: '.)f transfer, Lender and tho\: pehon to whom the Propeny IS to be sold or transferred reach agreement in writing that the credit of
<br />"u~h person IS s.ausra~wry to Lender ami that the imere~t payable on the sums sKured by this DeetJ of Trust shall be at such rate as lender shall
<br />request. If Lcnuc:r has wap.;~d the optiOll to aCi.~e1erale provided in this paragraph 17. and if Borrower's Sllccessor in interest has executed a
<br />wrinen <!:!o:,umptll.m i:l.gl'e~lllem a~,,'e:pl.~d In ....'ritmg by lender. Lendcr shall relea:.e Borrower from all obligations under this Deed of Trust and
<br />lhe ~OIe.
<br />If !.t'nder t'Xt;"i,,'I"t:S \tj\,;h ..'r"lH(Hi t~l a~(derate, I !;".nder shall mall BorHlwer rw[i\.:c of ac,-'eleralion in accordance with paragraph 14 hereof.
<br />Su~h nO\l<.:t: sha,il prOVIde a pt."flL-..d oj ll()t lcs~ {han .10 day:. irom the dale the notlce is mailed within which Borrower may pay the ,Sums declared
<br />Jue, II Borw\looer fall:; 10 pay :>udt ;;um~ pnOl to lht: ~xrHation of $u..:h p~fl()d, L~nJer IUdY, without further notk--e or demand on Borrower,
<br />J!l\-okl;' dU> femeJlC:> peUluneJ (I> pcuaglaph lb here,,)!
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<br />~ON.UNU"ORM COVEt".,A~ rs, Borto\\cr anu l.ender i'urthei ..:o\'enam und agree as follows;
<br />18. Acc~leflltion; Remtdies. K'uept as pro,,"ided in paragraph n he~of. upon Borrower's breacb or an)' covenant or aafeelDeDt of
<br />8urro""'ef in IRis Dtfll o( Trust, including tbe ,'O\'tIUDlS to pal" ",'beD due an)' sums Sl'Cured by this Deed of Tnast, Lender prior to ac:cekonttlon
<br />sbah mail n()lice H) Borrower u provided in paOljr1lpb 14 bef\"Of s~ifyin&: I H the breach; (2) th~ action requirf'd tu eure .!luch breacb; (3) .
<br />date. not less lban 30 d.y~ from the date: of OOUt;t:: is mallrd to Borro","tt. b)' whicb sucb breacb must be (ured; aud (4) that fallun: to cure such
<br />brnch uu or befon lOt- dlllr spedrlCd in the notice 1Wl)' N'-suh in Ilccderauon of tM sums SKUred by tbis.Deed of TI'WJt and sale of tbe Propert)..
<br />rh~ nuli<< sllaU furtb~,. inform Borrower or the right to reinstale- after acceleration and tbe ngbt to brlog & court action 10 assert tbe DOO-
<br />t':xb.leoce 0111. default or >>'0)' otber deft-IlK of Borro,,"'er to il(:t.-eleratioD and .sale. If tbe breach is not cured on or beft.ne the date specified in the
<br />notke,l.koder Iii;{ Lender's option mll)" d~lare.U 01 tbe MUDS .st':cured b) ihis ~ of Trust 10 be immediatel) dut' and pll)able It'itboul furtber
<br />dem.nd and mil:' im ok.e (be po",'er of saar IInd Ilh} otber ~medit'!S permitted b)' applk"Mble law. Lender s.hall be entlUt'd to collect ~I ~asonllble
<br />l,.'osb .tnd npel1Se3 ilkufTed io puoulng the remedJ~ pro\'ided io tbis pant-graph 18.lnduding. but nul limited 10, rt"uonable anomt)"~ fees.
<br />I{ lhe pu,,-er of Slll~ is hn'ol.td. Trustee shaU recurd a notice or defaull in each cuunt) to which tbt Property or some- pari thereof is located
<br />ud ~ba1J nuail c-opies of su,'h nolK"e in tbe- mannel pfeS(:rlbed b) appUcable I.", to Borrower Ind (0 the- other ~n.OI1S prt'-St"ribfl1 b)' llppUcabl~
<br />bt.'", ~fter 'br lapse Hf such time x.s nUl) be requirTd b) applh::able I."" lrustft' ~ha11 ghr public notit."t' of sale 10 tbe pt:rs008 and lO the lUanner
<br />prescribed h, applkable la\'l, lrustet, lOl'ithoUI deman-d on 8urruY\'tr. s.haH st:'U the Propert} at pubUc au,'tiuD to the higbest bidder lit the time
<br />and p!!!H ~...r!d ll~t the:' !tnn~ d~ji!Uutrl ht !~ n-ul!ct' {.If s.a!~ in 09;f nr !!lOft' plln.~b .l!nd in ~u~:h ord~r ~\ rt'~~h~ nUl,}' determine. Tmst"' mil-)
<br />potilpoae "ale: -of aU or llIn~ pareto! or the Pro~rt)' h~' public announcement a( Ihe lime ilnd plan' of an,)' pr\,,'i\)usl)' sdu'duled 'tak I....nd~r or
<br />1.t'l\dt-r'" dniaort loa)' pur~hbt' tb~ Propert)' al an)' sal~.
<br />t.:pon tti.~iPI of pa)'R\tut of tbt prin hid. 'I fU.'iI<< shall d-tlher to the pun:haser 'hu.stt"("'s d~d nm\'t")tn~ tbc.' lJ-rup<U) sold. I ht: n..duds In
<br />UK' Tnl'iltt"~ det"d ~baJl M prama t.de t"\-idtut.'c of the truth of the loi.hloletnenb made tht'u.in. l"rU:llff shall Ilppb the pron'<"ds ot' tht" s.d~ In tht"
<br />fuUu"",,ing ordn: (a) tu ilU r~lUoulblf Co.n5 and upc'n!&t'S uf tb... ~"Ie. im:lu.dtntt. but !Jut IimHtd to. 1 ~lee>'S fffS ut nUl tnurt' th.m ,;-"
<br />or tlK )tro",~ salt pnt.:t'. r~.!i;Onabt.. .uornf) ''Ii fton llnd ((,sb ot' (ill1" l"'\>'jdtQ('t-; (b; to an ~um!l ..t(uf1.'d h.\ Ihb {~,~ l~f 1 rm,t; \Inti il.'i Ill\' t'\H'!.o,", if
<br />.U). 10 tbt- ~nuo 'Of ptC'iom iq.lh ("nHUed (b~retH.
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