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<br />9. COIIdem,",don. The proceeus 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 assianed
<br />and .hall be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the SUIt1!l ~ by this Deed pf TI'U$l.
<br />with the excess, if any, paid to Borrower, In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise !lIgree in writing, mete fjh~H t;,.; dPY:i_~ :u :~~ :;:;~:; S:-e"..::"e!! b~ !h!~ ~r;t of Troat such nroportron of -the- ~
<br />as is equal to that proportion which the amount of the sums secured by this Deed of TfIIllt immediately prior to the <lme or
<br />taking bears to lhe fair market value of the Property immediately prior to Ihe dale of taking, with lhe balance of the proceeds
<br />paid 10 Borrower,
<br />If the Property is abandoned by Borrower, or if, after notice by Lender 10 Borrower that the condemnoroft'ers.tomake
<br />an award or settle a claim for damages, Borrower faiis to fQpond to Lender within 30 days after the date-osuch -nctice-.js
<br />mailed, Lender i. authorized to collect and apply the proceeds, at LendeT's option, either to restoration or .r of the
<br />Property or to the sums secured by this Deed of Trust,
<br />Unless Lender and Borrower otherwise agree in wriling, any such application of proceeds to principal shall not extend
<br />or postpone tbe due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of
<br />such installments.
<br />10, Borrower Not Released.. Exlension of the time for payment or modillcation of amortiulion of the sums secured.
<br />by this Deed of Trust g..ranted by Lender to any successor in interest of Borrower shall not operate to release., in any, 'numner,
<br />the liability of the original Borrower and Borrower's successors in interest, Lender shall nol be required 10 commence
<br />proceedings against sucb successor or refuse to extend time (or paymenl or otherwise modify amortiutionof Ihe sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successoninjnteresl,
<br />II. ForbesnuIce by Leader Not a Waiver. Any forbearance by Lender in exercising any right or remedy bereund!lr,or
<br />otherwise a!Torckd by applicable law, .hall not be a waiver of or preclude the exercise of any such ri~t or remedy.
<br />The procurement of ill$urance 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 or Trust are dretincl and comulallve 10 any olherrighl
<br />or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />successively,
<br />13. Successors IUId Asslgu Bound; JotRt and Several Uabillfy; Captions. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure 10, the respective succo',='" and assigns of l..enderandBorrower,
<br />subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borr<>wer 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 10
<br />inlerpret or define the provisions hereof.
<br />14. Notice. Except for any notice reqUIred under applicable law to be given in another manner, (a) any notice to
<br />Borrower provided {or in this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borroweral
<br />tbe Property Address or at such other address as Borrower may designate by notice to Lender as provided. herein" and
<br />(hI any notice to Lender shall be given by certified mail. return receipt ,.. ..""'teG. to Lender's address sl';led herein or to
<br />such other add""" as Lender may designate by nolIce to Borrower z..:; "'" ,:"d bereln, Any notice provided for in this
<br />Deed of Trust shall be deemed to nave been giw.n to Borrowe. , ell..k ..icen given in the manne, designated herein,
<br />15. Uniform Deed of TrllSl; Go..eiillng Law; &Ye~y, Tr . IOrm of deed of lrust combines uniform covenants fOr
<br />nationaj use and nOfi~uniform covenants with limited variations by jurisdiction to constitute a uniform security ina-trument
<br />covering real propeny. This Deed of Trust shall he governed by the law of the jurisdiction in which Ihe Properly is loe~led.
<br />In the event that any provision or clause of this Deed of Trust or the Note confticts with applicable law, such conftict shall
<br />nO! affect otber pro\'isio. ns of this Deed of Trust or the Note which can he given effect wilhout ",e conllicling provision,
<br />and to this end the provisions of the Deed of Trust and the Note are declared to be severable.
<br />16. Borrower', Copy. Borrower shall be furnished a conformed copy of the Note and of thL' Deed of Trust at the time
<br />01 execution or after recordation hereof.
<br />!7. r......rer of Ille Propeny; ,,-mptioft. If all M any part of thc Property or an iute""t therein is sold or transferred
<br />by Borrower without Lender's pnor w,itten co",.,,,,. excluding (a I the erealion of a lien or encumbrance suhordiMle to
<br />Ihis Deed of Trusl, (11) the creation of a purchase money se<:untY interest fo, J--ousehold appliances, (c) a transfer by devise.
<br />descent or by operation of law upon the death of a Jornt tenant or (d I the grant of any leasehold interest of three yeal'll Or less
<br />n~t containing an option !o ptlrch~. I~eftder may, at I.coder's option. de-dare all the sums secured by this Deed of Trust to be
<br />lmtmdiately due and payable, I..,nder shall have waived such opti,,,, tn accelerate if. prior to 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 satisfaclofY to Lender and tbat the interest paj"able on the ~ums secured by this Deed of Trust shaU be at such rate as
<br />Lender shall request. If Lender has waiv~ the option to accelerate_ provi~ed in this paragraph J 7, and if Borrower's successor
<br />In inlCl'e3t has executed. a wnHen a.ssUnlptlOo agree-m~fH accepted 1ft writmg by Lender, Lender shall release Borrower from
<br />all obligations under this Deed of Tru>t anu the Note.
<br />If Lender exercises such option to accelerate, Lender shaH mail Borrower notice of acceleration in accordance with
<br />paragraph 14 hereof. !>uch notice shall provide a period of not less than 30 days from the date tile nolice i. mailed within
<br />~'h;c~ !!orrow~r r!!~Y ~~ !h~ $ums. declared due. If Borrower falls to pa\' such sums prior to the expiration of such period,
<br />Lender may, without further notice or demand on Borrower. invoke any icmedles pe:rmuteO by paragrapn in fU;fcuf.
<br />NON*lJNIFORM COVENANT'&.. Borrower ~nd Lender further cO\''enant and agree as follows:
<br />18, ,\cce........iop; Remedies, t:u'ept... provided in paracraph 17 herwi. upon Borrower's brell":b of any covenant or
<br />llltreement of Borrower in this Dffd of T""'I. includilltl the covenants to pay wben due any sums secured by this Deed
<br />of 'Irusl. lA'udei" prior to 1lC<.'eter-ation ithaJJ m!lil notice to Borrowc=r as p~t)\"ided in par-agr-.pb 14 herc:-of spedfyiflj!: (l) ,h...
<br />breach; (lIth. actiou r<<!oi""d lu ('Ult sucb b.ncb; f31 a date, not 1_ than 30 day. from the dale th. notle. i. mailed 10
<br />8orrower~ by whicb !;ucb breach must be l'urt"d; and {4) thai failure to cure suth breach on or before the date specified
<br />in tbe notice may result in ac<<leration of tbe sums seeured by this Oeed of Trust and saie of the Pro~r1y. The notice
<br />soU further inform Borrow~r of the rigbt to reimtatr aiter acceit>ration and the righi io bfiiig ii cmii; .Ci:t':ic-n to- ~~rl
<br />the- non~xis'fDce of .II default or an,,' other defense of Borruwer to acceleration and sale. If tbt' breach is not cUft'd
<br />on Of before the- date specified in the D-otke. Lender at Lender's option ma,v declare aU of the sums secured by this Ilc-ed
<br />of In.asl to be immediately due iUJd pay.hIe witbout further demand and ma,\" in\o'oke the power of sale and any other temedi(."S
<br />pennilled by applicable law. Leuder shall be "ntilled to cvllect all c......nabl. ('osts and expo""_ incurred iu p.....uiDJ: th.
<br />remedies pro<idt!d in this panIl1.n>pb 18, inclndiog, but oot limited tll. reasonable allorney's fees,
<br />if the power uf sale is i.o\'oked, Trustee s.h2l1 record a notke- uf default io ~adl {,Qunty in whleh the Propert.~ flf ~omt'
<br />part thereof i,located and sball mall copies of such notice in lhe manner prescribed by applicable law t" Borrower and 10 the
<br />othe. pe.....n. prescribed by applicable law, After th. lapse 01 such lime", may be required by applicable law. Tt'ustee shall
<br />Ri\'e publh.' notice of we- to the pt'nons and in the manner prescribed by applicable law. Trw.-1ee, without demand hn
<br />Borro~'er. shaD sell the Property at public auction to the highesl bidder at the time and plact and under the terms desi~natecJ
<br />i.n lhe DOIice of sale in one Of rROf-e pan.-els and in such or~f as 'rrnstt"e may ddermine. TrWii~t' ffiS_Y postpone sale uf aU
<br />or any parc:eJ of tM Property by pu.blic annOURcenumt at th:e lime ;,md place of any previously ~(.'heduled sale. Lf'ndeT or
<br />I...nd...'s ~ _y ptlr<'~ the Property at any we.
<br />Upon rectipt of ~ymeDI of the prK.'t' bid~ Tru.stt'e .!!ohaU deHn.r to Ihe purchaser Tru,(rt'~ de-c-d (on\'t')'-ing ttH' Pru.pi.'rt~
<br />~. The redtaL5 ;in tbe Truslee's deed shaH Ot> pi'imit f'&ck HlGffi("t" of lh~ tn.lUt nf t~ s!a!cmt'nb mitt'k> therein. Tru~1<<
<br />tJ'ulU apply Uw pr-uceeds of the ~ in the futlowing order: (81 to aU n......umtble cosh and expenses Of tile ~it'~ ifi:du-d.in~l hut
<br />nvt limited tu, Trusttt's fees of not lllOf'C tban I'J of IC~ of ttre J(~!;ak prkc. n>'dSllmihle flttorn-ej"s f~ and l~o~ls Hf UHe l'\'ideul-'t:
<br />lb, to aU SUJ'D:S.st("l.i.J'ed h-l-' Ulk Ilflod of Tru!ilt; >>Ad !Cf the ("XC~\. ifunj. to the pcoon HI' persous k>~a.tly entitled the-mo.
<br />J'~ Bonuwer~8 Ri&ht to Re~nstate~ Nmwnh-;.tanding l.cndcr"... "H..:i...t:jef'~\tlon ot Ihc ...1lJl'!\ _~\.'curt'd h\' thj>; Deed (II Trnc,L
<br />Butn.,wef \haH hayg- the right to have an)' rf(x:-eedin~" hegun by I endef W tnfon.:e ;hi" Deed pi Tru:\{ dl',;i,;Ontlmled ;i!
<br />,:itl)" lime pr_H)f l-t.l ,be t'a~hrr to oct.:ur of 0) the fifth day hefore the ,,<tfe of the Prnpc-ilv ptlf>juant to the pOWl'r of s.-alc ('ontdHwd
<br />In thn. ~d of TruM or {It) entry of a !t1dgmcm erdor...'mg 'hI"> Deed tJi Trwn If. laj Uorrower pa~~~ f _c-nd~r ;:dl <,unb WhKft W("lHld
<br />he the-n (h~e Uf.ldtf tnt' f)ec-d of "hll..t, the Note ;100 nuh~~ ~l;~!IflOg Futuf1,' Advant:(~, 1f any, had nil cKLt"!er,Jp\lfj \.\.(,t::Ufrt'u
<br />thi BdHnwa ';':Uf{~ aU hr~ache,f!. nl any other c()vt-nl.nis or agt'eemenh (..f ~JQrrowt.'J CJ..H1liHll(;U Hl In,\ Dt:fd nf -.f nhl
<br />\'\;.1 6un~""'.'cf p-a~'~ ;,\11 rt:a\iH!able C1oj,pe~scJ- irn.'tHred hy Lender }ind TrH\te-e, H'1 -t.'nton.::mg lne ,:,,)v('n,H)h JO...! ,~g(\;.-l..~mt'nh .,d
<br />~}ff('l'''''W L<"Yn~"iu.(,,,~ H1 ttw~ Dc.-ed (.of 1 nJ'tt and Hi., enfpr-(..'!~g l,.ender's ;lO.j f !"IJqt.."'i'.'.'" remli'...ih..:\ a,; pnJ1dtkd Ir~ I'M aguiph ~ ,I.(
<br />hetcz.f. trn.:ltu:hng. bttt nL~t hmltC''\i H.~, rva-ilop:flahlc aHorfit.":'y'... Je-e", ,~!vl hb Ho-fWwcr I.:s",e1t ",u.;-!1 ~dl('n iJ:~ l t::1'l~kt IH;-\~ ;""~~"ilfLJhh
<br />rt.:-14Wrt' t{~ ;:t-.hufl:'_ lh~t the lten (~f HH~ fk.el.1 nf Tr-H<;,i. r Kndt'f" H!lct-e-"l fhl..' Pr\){''>t'11V ;-mJ Horr-l~'-\f-r'... ,IH1t:it\!\If1 (I.'
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