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<br />84- 005017
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<br />9, COIIdemnatlon. The proceed. of any award or claim for damages, direct or consequential, inc<>nnection with any
<br />condemnation or otber taking of the Property, or part thereof, or for conveyance in lieu ot coudemnation. are hereb}'auigned
<br />aud &hall be paid to Lender,
<br />In the event of a total taking of the Property. the proceed.~ shall he applied to the sums secured by this Deedeof'1'l'usi;
<br />with the excess, jf any, paid to Borrower, In tbe event of a partial taking of the Property, unIessJkjtTOWeF>and,,~
<br />otherwise agree In writing. there shan be applied to the sums secured by tbis Deed of Trust such pr:oportlon of' ~~:"
<br />as i. equal to t.""t jlroportklll ",!>Jell t."" a!!WUt\t of tlte sums secured by this Deed of Ttust imRlediately prior to tfu!'4it*.~.
<br />taking hears to the fair marJcet value ot the Property immediately prior totbe date of taking, with thebalai1ee.oftbe"PllloC.ltii
<br />paid to Borrower. '.. '. '" ...... ........'.....
<br />If the Property is abandoned hy Borrower, or if, after notice by Lender to Borrower tbat the~nor oliimrt!>,Jlliil!t>
<br />an award or settle a claim for damages. Borrower fails to respond 10 Lender within 30 days after tbedate.II\1CIi'f1llCkieisY
<br />mailed. Lender is authorized to collect aud apply the proceeds, at Leuder's option, eitber tOl'esto,.uon orNpairor:~. ...
<br />Property or to the sums secured by this Deed of Ttust" .. . ..' ..' .,0"
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds toprineipalshaUilot~.
<br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or c!tange the1lltlOllllt:of.
<br />such installments. .. ..' .... .' '.
<br />10. Bom>wer No<< R*-d. Extension of the time for payment or modification of amortiZlltionoftheSUDls;.~
<br />by this Deed of Trust granted by l.ender to any successor in interest of Borrower &hall not operate to release, in1!llYtIIIIllJlCf;
<br />the lI.bility of t,he original Borrower and Borrower.. successors in interest, l.ender, ,ball ~?Lhe~lli1f:dto c~1IIeIlCl;
<br />proceedmgs .gamS! .udt successor or refuse to e.~tend t.me for payment or otherw.se modifyamoltilatioil (lf~;'jjjl1S
<br />secured by this Deed of Ttust by reason of any demand made by the origillAl Borrower andBorrow~& s~lninlerest.;
<br />11. FortJeanm<< by Lellller Not a Waivet'o Any forbearance by Lender Inexen:l&lngIlllY right orreri\c!4Y~{eU~f!'"
<br />otherwise affo",ted by applicahle law, sball not be a waiver ot or preclude the exercise ofanysudtriliJttor-i'erntJdY;
<br />The procurement of inwrance or the payment of taxes or other liens or charges by Lender sball not be a waf_cof ~r'. &.
<br />right '0 accelerate t~ maturity of tile inde1:tedness secured ~r this ~d_of Trust. . , ,.' ." .,
<br />J 1. Remedies Cu~. AU remeG.teS prOVided 10 tnlS Deeo or UU$t are di$hnct and CUiitu:att'l,~-to._any otr.tt- n~<:
<br />or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently. independently<or
<br />suocessively .
<br />13, Sacc~...... AsIlps .....nd; JoIDt and Several UabBIty; Captkmo. The covenants and aJl'eente_hearin
<br />contained slutll bind. .nd the rights hereunder shall inu", to, the respective successors and assigns of Lender and BOrrower,
<br />subject to the plovi,i.,.,. of paragraph i 7 hereof. All covenants and agreements of Borrower' shall be jolnt and &everaL
<br />The captions aud headings of the paragraphs of this Deed of Trust are for convenience only and are not tn heusedln
<br />interpret or define tbe provisions hereof.
<br />14. Nodce. Except for any notice required under applicable law to be given in another manner. (a) any notice:ta
<br />Borrower provided far in this Deed of Trust shall be gIVen by mailing such notice by certiliedmailaddressed to Borrower"t
<br />the Property Address or at sudt other address .. Borrower lIlay designate by notH::e to Lender as provided, ltereill;. atHl
<br />(h), an~ noti<=,e. to Len~_s~I_~_,gi1'~~!.~e~~~ .m!i!: ~':',:::"'..' ~~~~;:ender's a~ sta~lterei~()r to
<br />sUCh Otfler .!lOOJ'e!S. as ~ Hilty U4,3'aU&U: ~ nVIU~ .... "..n...a.. ....... '. ""v....--.. .--....... ~ Any nct..!C!!..providM-Jgr- nl--t~
<br />Deed of Trus~ shall be deemed to have been giVen 10 BoI'flY.Vp .', ~oo.:r wher> gi\ "" in the manner desllll8ted 1I\llein.
<br />IS. lJniform DeecI of Trust; GovNDiat I~.,'; &>ve~:1' ,..s form of deed of trust combina uniform eovcnantsfor
<br />national use and non-uniform covenanlS with limited vanations by jurisdiction to comtltute a uniform security instrument
<br />covering real property, This Deed of Trust .han he \!Ov~med hy the law of the jurisdiction in which the Property" located,
<br />It. the event that any provision or clause of this Deed of Trust or the NtHe conflicts with applicable law. sudt confli<:t shall
<br />not atfect~the. . r. .. rovioions.. of th.. i. .lJe<;d.... of Trust or tbe Note whiet. can be given effect with'.1Ut lhe conflicting provision.
<br />and to lI1: " ,!l/Ii Deed 01 Trust and the Note are declared to he severable.
<br />16.. . '~r shall be furmshed a conformed copy of the Note and of this Deed of Trust at the time
<br />of execution or after recordabOO' hereOf
<br />17, Tnmsfer of t.... Pn>perty; Aaumpctoa. If all or any part of the Property or an interest therem is sold or transferred
<br />hy Borrower WIthout Leaders poor wnHt:n (:Ofi~nt~ exduding (a) the creation of a lien or encumbrance ::ubcrdi.W1ate to
<br />~hls Deed <,1 Trust. {b) the creation of a purchast- money s<<urilY interest for nouschoid appiianca. (~) it trans-iel' by Uevise~
<br />descent or by operation of la.... upon the dellth of . Joint tenant or (d) the grant of .ny leasehold interest of three lean or less
<br />not wntaining an "pilOn to purchase, Lender may, at I.ender's opt",". declare all the sums secured by th.. Deed 0 Trust to be
<br />.mmed."tel)' due and payable. l.ender shail have ",'aived such option to accelerate if, prior to the sale or transfer, Lender
<br />and the penon f() whom the Property t'S to be wJd or tranderred reach agreement in writina that the credit of such penon
<br />is satisfactory to Lender and LlIa, the int~""" payable on the >urn. ,"",ured by this Deed of Trust shall he .t such rate a.
<br />Lender 5n!iH re<-=!L~t- If Len~ hu WA!V~j Lhr, opt_on ti) ,,(:t..:elt'rBu:, pn:widrd in this pa.ragr.~ 17. and if Borrower's successor
<br />In interest has execuied a written a.iSUmptlOn agreemctll ac\;epted in wriling by l.ender, Lender ~haU release Borrower from
<br />all obligatio.. under this Dec:d of Trust and the Note.
<br />H Lender e~-elcises suc_h option to- accelerate, Lender s.hall matI Borrower notice of acceleration in accordance wilh
<br />paragraph 14 hereof. Such notice shall pr<lV.de " pefl(>d o{ 001 Ie.. than 30 days from the date the notic<: is mailed wilhin
<br />WhlCh Borrower may pay t~ sums declared due, If Borrower t;uls to pay .\uch sums prior to tht- expiration of such period.
<br />Lender may. without iurther notl\:e or demand on Borrower, lnvok.e any remedies permitteO hy paragrapn iB hercoi.
<br />NON~USU.()ItM Cmre.NANl~ 8orn-..wu ~nd Lender further covenant and agree 85 follows:
<br />tM, Ac<flen>tioa: Refltfllle>. t:.cepl... provWed In panjt....... 17 bereof, upon Borrower's bnaeb of .ny conn"'" ur
<br />ac--I of Borrowu in tbili 1:IHd of !'rust. induclina the connaRes 10 pay when due ....y sums """ured by Ibis Deed
<br />of huw. l.elHkr prior h, "",-deralion ,hall mllil "otin to Borro..er ... pnnided In paflllrllpb 14 bereof sp<!c1fy1na; (1) the
<br />brelKh; ill the ...._ rf"lui....t to cun .uch b"'lKb; (3,1 a date, nul kss tlum 30 days from lhe date the notice is mailed to
<br />Bor,,'...r. by ..bleb .lKoft bre..:h 01..... br ,'ur<d; and (41 that failure to cure such breach Oil or before the date specified
<br />in 1M _is." "..y resu1t in "cceleratiOfl of lhe ....... ""cured bs this Hffd of Trust and sale of Ibe Properly, The notice
<br />....IuaU furtMf inform Bof'ro~c-r of ttw rich. 10 rejRSfiat~ .ftf't act...e-Ieration and thr ria'" 10 brina /I court action to aSRr1
<br />ihe- ",",..e.~ of . dd..... Q-r lun othn" d~fen!ie {tf BOfTQvtt:'f to accek'ndon aml.sale. If thr breiKb is nol: cund
<br />on or bel.... the date spKified in 1M ftutke. l..ndet' at t.elHkr's oplion may declare aU of the sums s<<u....t by tbls Deed
<br />of T_.,o he il1llllfllialdy d.... and payabk ..ilbout further d...,and and may .nsake the power of saIe.nd an)' other r"",<din
<br />",,"alned by.......... la... I....... shall he entitl<d 10 ..olkel all ..._nable .'..." and n""....... incurred in punuiRJ: the
<br />remedle<. prosWed in tbili panraraph U, inch"lilllC. hut MI limited '0. r.....nabIe aUoroey', fees,
<br />If tM po"'~r of sale is iQ"ok~ TrustN "hall f'<<.'oro a polk.. uf d-efault in ea<:h counl,. in which th~ Proper1}' 0'- SOUlt'
<br />part thereof i< located and lbaIl mail copies of sucb outic. in tbe m....oer pn>erihed by applkabk la.. to Borrower and 10 tbe
<br />r~!~r ~ ~rihed It,. ~~k~ 4s,., Aft~f' 'h-~ J~IM'!' 9-f SUt'fl t~m.. .~ mJl~ be rHfuked by applkable law. Trut\1-ee shall
<br />li~~ ,.bIk- aolk'C' 01' AIle It) tM pt'f'S60!l; atwi in tht" mafUKf pt~-tifwd n} appikabir i...,., -r rw.icc. '""iibutii dHH_"d ui.
<br />IIornowel'. sblIII ""II 11M Property al public "lK'tiun 10 the \l;Chest bidder al 'be HOlt' and place a"d under lbe I~rm' ....iR.....d
<br />"' 11M aock~ of ""'" io ..... or more pllI'<~1s "nd in _h order ." T",Slff may detenniM, Trustee may _'pone sale of all
<br />or: _y ......"" of the Pn>perty by f"'bIk __....."menI lit the time .nd place 01 an} pr..iomly Sl'heduled .Ilk. l.ender or
<br />''''.......', ......... ....y pureIo.. the Propert} at ...y wrIe.
<br />l'pua M!<dpt of pay_ "f .he pril" \litt. rrmt"" _1\llI1 deli>~.. to II... pur.....',..r Tru.t",,', drt'd ...."..yina .hc I'r"perly
<br />_. The recllaIo in the T_'s d."",,, _hall be prim" r""i. ."ittcn"" "r tM .ruth of the .luteme..t, made tiICl't'in, Tn..t...
<br />- appl) the ~ of.he """ in the r.lIIu..iaI....der: ,.. '0 all ..........bIe <""IS ""d .'.""...... or the ...Ie. lndudioll. bot
<br />ROt u.a.d to~ lrU!ike's fft'!i,ttlouc n~ than \1 of 1"" uftbe It~ \.liIk prk't!. rt'.~. attontt"~"" r~autd cosh uflitk \')'idt."Ul'l";
<br />lb) tu.u swniliift'w-wJ b't lbb Oftod of 1'Fl:N;; and (t'.t'M' ~\t"(<~. ifIUl)'. tu thot' JM'f"i'i.u..r pt:"f~Mb 1t1(IlU) l'ntillt'd thfl'\'w.
<br />,.. Ikwru.u~. Rietlt 10 Rt"U1$httf'. N\.~h"lthstafHht\s: I t"fH.icr'\ .h...:t:lt'r.dll1fl id lh\.' \,llm.. :-t"1.'\1n.'f.! hv ctm Pt.:"('d.lI 'rml
<br />tkJltOa"t'r .haH h.'I;'\:: the HlJhi to h.\t;.,t '-tlly {'f()li.:eedmg... hegun h.., t ~'lldl"1' !\' t'nhHl.:~' tnt'!. De('-d t1t l ru..., dlSdlHltOlu::d .1\
<br />;\f'Y' h",M.~ PI'H.'! _~(~ the ('arh~r tu \~~tH t)l (ll ttw fHtll d.H hdllfC lh-t" .....lle ~'1 the Pf\)llf!rn. r~lr\\taHt l~,) lhe PO"'tf ;It "'~lk ,'.ltlhHlh..",j
<br />;;n Hth [)e:.,;,t 01 hu..t or (II' ('f\lry o,)f a jih..l~m\'iH eufur'-'tnll: lh" Decd p} I r\l\l If Ht! Bi.)rr\)\.\cr pd~' I C'll~kf .111 "uill.. \\.hh. h 'oIollold
<br />he the-fi du(" lmdct tht\ ()nod (If 1 fwH. the Note oind nott'~ '>-t'l.. \11!H~ Future." ,"'d'\-,>\o\.'e.... !t .In\', had 11'-' .1\ \" elt:'r.I!I\.\f1 \ ~""'un ('d
<br />th~ lItxh'i-.tt CUfe-\ .lll t'fr-;l':-he1, of any ,-lll"'F ~'O"'~Oanb .H' Tl~ft~--c-m-=nb ni fh'\ffU\Ot-C. ,-iH\tl1ltlle~t p) Hil'. I~~('d i'l 1 ru\l
<br />{\, f 8Q-Ho.....--e;r pily" aU r~-il~H\;.ht(' c-"J)(,fUC~ 1!1":HI ft\l hv I '-'thkf .{!IJ f f\i..t<< In I.'!l!l'~f'" tn~ {he ..',l\-\.-!l.:lnh Hilt! ,!~r~.t~!Ht~nt:\_ I >l
<br />8ilHtHllii'C1 .;.t.mhHnc:d In lhn. r~t of rf\l~l ;11ld llt ~:nh'I';II.lt I t."tH.i'i'r'.. .:md t r\t....I('\~'.. r,,'rnc,h,,\ ,P. ph\v,dcl.1 PI 1'.11l\)lJ3ph ! '"
<br />'-I.~rc(~f. sn..:lud'utt:. hut fH't hrnit-<d H', ftiL~Hi.,\ihh' a!torIW\ "- tt't''', .H1d fd, B(lffOWCI J,tk.t.s 'Ih.h .h.tl'~1I ,t' t ('lK.kr IlLl\- n';p',P1Hhl\
<br />;~~,qJJHt; ~\1 ."~lJ!C that ~he 14('-r't 1"'1 tlln I~..t .-~j 1 flt,,-t. I ~-ndt-f '> mlt.'n:...i ltl lh\.' Pr(\ftot:rt\- .Hld ~(tfftl\-\lt-'t.... ,'hhil-<'lh'H 1_' \",\)
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