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<br />84..... 005129
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<br />9. CondemnatioD. The proceeds of any award or claim for damages. direct or consequentiai~ in connection with any
<br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall he paid to Lender,
<br />In the event of a total taking of the Property, the proceeds sball be applied to the sums secured by this Deed of Trust,
<br />with the excess, i( any. paid 10 Borrower. In the event of a partial taking of the Property. unless Borrower and Lender
<br />oLlte"",,,,, agree in writing, there shall he applied to Ihe sums secured by this Deed of Trust such proportionJf the pr0eeed3
<br />as is equal to that proportion which theamoun! of the sums secured by this Deed of Trust immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower, ,
<br />If the Property is abandoned by Borrower, or it, after notice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borrower fails to respond to Lendet within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply Ihe proceeds, at Lender's option. either to restoration or repair. of the
<br />Property or to the sums secured by Ihis Deed of Trust, '
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of
<br />such installments,
<br />10,. Borrow"r,Not Re"'ased, Extension of tbe time for payment or modification of amortization of the sums secured
<br />by Ihis Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner.
<br />the liability of the original Borrower and Borrower's successors in interest, Lender shali not he, required to commen~
<br />proceedings against such successor or refuse te> extend time for payment or otherwise modify amortizationofthe.$ums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest,
<br />11, Forbearance by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunde.-,. or
<br />otherwjse afforded by applicable law, sh..~H net be a waiver of or preclude the exercise of any sucb, right- or remedy_
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not he a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secure4 by this Deed of Trust.
<br />1%~ ReiiicdlQ Ciiiiiiibitive. AH remedies provided In thi~ [)P~ af Trust are distinct 2nd cy!!udative tQ 3I)Y -Q~ right
<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 and Assigns Bound; lolnt lIIld Several Uabilily; Captions. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to, lhe respective successors and assigns of Lender and Borrower;;
<br />subject to the provisions of paragraph 17 hereof. All ",>I'enants and agreements of Borrower shall he joint and severaL
<br />The captions and headings of the paragraphs of this Deed of Trust are for convenience only and are not to he used tei
<br />interpret or define the provisions hereof,
<br />14, Notice, Except for any notice reqUIred under applicable law to be given III another manner, (alany notke to
<br />Borrower provided for in tbis Deed of Trust shall be given by mailing such notice by certified mail addressed 10 Borrower at
<br />the Property Address or at such other address as Borrower may dc"- ~4'flate by notice to Lender as provided herein. and
<br />{b) a:l.Y notice tc Lender shaH be given. hy cer!!fied. maiL retum re:{"'''' reque5ted. to I.ender's address stated herein or to
<br />such other address as Lender may designate by notice to Bqp ",," provideu he ,'''1, Any notice provided for in this
<br />Deed of Trust shall be deemed 1:0 have been i"/-zn to B0rro;;.~ ~)r Lender when given in the manner designated herein.
<br />15. Unifonn Deed of Trust; Governinlll.aw; SevCl"llblllty, ThiS form 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 property, This Deed or Trust shall be ~o\'erncd by lhe law ,,[ the Jurisdiction in which the Property is located,
<br />In the -event that any provision or clause of this Deed of Trust or rLe Nott:: conflicts with app~\cable law. such conflict sh;tll
<br />not affect other provisions or this Deed of Trust nr the- Note ,\.'hICh can he given cll"ect without the conflicting provision.
<br />and to this end the provisions ot the Deed uf Tru~t and the Note arc declared to be severable.
<br />16.. Borro""er~s Copy. Borrower shall be furfll<;hed a contormed ':l1py of the Note Jnd of this Deed of Trust at the time
<br />of execution or after recordation hereof
<br />17~ Tt'lULqer of the Prooertv: Assumption. If all pr an\' part \}f the PWPCrly ,-H an interest therein is sold or transferreJ
<br />h-y Borrower without Lender~s vnor \\ ntten '"-'t1nsent. cxcJudlllQ. tat the creatIOn of :.t lien tlf encumbrance subordinate to
<br />1:hls Deed of Trust. (h) the crea'tion of ;] purchas~ money ~ecur'lty llltcreSI tor hou~hold appliances. (C) ~l transfer by devise.
<br />des\.'ent or by operation of law upon the death of a joint tenant or t~) I C! I ~ ~ iu.UJluh' iJltu It Ff tAI'OIl Ill! If hv
<br />.t i<ir1i:lt~.l<1jR!l8R F'-iT til r rrL T , Lender may. at Lender's {~ption, dt:cJarc all the sums secured by this Oeed of Trust tn be
<br />immediately due and payable, Lender shall h3.'ie wa!ved suth l'ptil..lf1 {l1 accelerate if. prior to the sale or transfer. l.ender
<br />and the person to whom the Property IS [D he ~()Id. l)f IransferreJ reu,.-h agreement in v,airing that the credit of ~uch person
<br />!5 satisfactory to Lender and thal [he intcre~t pd~abie (in the ~unh ;",.,;\:ureJ hy Ihis r)-.;cd of Trust shall he at such rate .J'I
<br />Lender shaH rC'.~uest. If lender has \\..~u\e,J the opIH.H\!(1 di,:ccieral1.' pnwiJcd in this p-<1ragraph 17, and jf Borrower's successnr
<br />~n mlerest has t:\e<.:uted a ",THten .1ssumpt:on agrCCnll.'lH .h:..:eprctl :n \-\THlll,!.: hy l.cllder. Lender shall release Borrower frfml
<br />;11! obH~atlon-s under this. DeeJ ('If Trusr .anti the Note
<br />If-Lender ('xer."lS~S suc.n option Iv ~l":J.;cicraIC, I ~~nJer "h~l!~ triad FhifWWl':I oNJ(C ~)f'accdcration 111 ;i<.:\.:ordanl..'c with
<br />paragraph 14 hcreot- Such notice "haJi pW'dd~ .1 pt.'nod ,~l !lll{ jt'''~ rhan ',1.1 d.1YS lrom lhe dale the oi..lticr: i\ mailed within
<br />whtl.'h BOrrl)WCr md~ pJ.y the ~um~ i.kcla.rcd dUe. If U(\rnn\er t.ui.... 1\1 pa\ ~lh.:h ~un~.prior 10 the expiratIon of such ~rilll..1.
<br />Lender may. Wllhollt !llrther l101ice l'f demand tIll B~lrn)\\cr l"nn"c all\ rt.'lllt.~,i,~s permitted hy p:Hagraph i H hereof.
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<br />'o~.t '....ll'l..)kM <. 'U\"l:N."-!'.1\ Bl)rWW~r ,iad 1 cnJcT !UilhL:1 l..'I..'\"t:IWnt ;,a.ud agree a!. foll\.lw~;
<br />1 K. -\l'l'eleration; R.trnt"die~. E.\l':epl 3\ pnnjcJt'd in para~ra,ph 17 hf'r~of, upon Borro".er's breach of any CO\'t'uanl or
<br />l.I~reement of 8ortU\""u in rhi.."\ need of rru~t. indudin~ the l'o"ttumls to pa} \\.hen due 311)' ~mtls sCl':tlr~d b,\' 'his Deed
<br />....! To..;;;:, L~:;d.:-. y;';~:- ~{; ;:-,.:;::k:-:!km ::.h~! m:!H ~!~\!!~.~ t~ B-~!!~~U.~.! ~.'i r-n:a,,!d'~d in :\~~~~~~~h !4 h~~Qf "!"",oL'if~'l..!~ ~I) .he
<br />brea,'h: (2) tbt" 1K,tiuu rt"quir~d to nJ(~ !'ouch breu,\.'h: dl u dalt', not Ies..~ than JU da~.s frum the date the notice is mailed 10
<br />BOrto"'tr. by "h:kh such bn-lICh must be l"Uf('d; and IJ) that faUuf\.' to nlfe !'Iuch b......a,.h on or before the- date sIJC\..iMd
<br />in the nnti(.'e mM) result in ul.'celeration of th(' ~Uf11S !)(,I:ured h.\ thi~ Ilt"ed uf' rru~t and ",ale of the Propert~'. The notice
<br />,hall furthC'T inform Borrower of th~ rinht 10 n,'in:o,latt' after ;'H:n.'lenltion and the r~ht to bring a court Bction ~o assert
<br />the non.exb(enC~ uf n dei>>ult or am othu dden~e of BOrrO\\("f to 3U.t,'If-OItion and sale. If the breach is not cured
<br />t~q or lwfon." t~ date ~pe-dJit'd in {he 'nutlct'. Lender at l.ender''\. Hption ma\ de\.'larc all of the MIDIS s.ecured b\ thhi need
<br />nf Trust to be- immt"diatf'J~. d~ and ps)'ab'e "ithout ftlrtht'r demand and flUI) 'iu\nke the poner of sale and an,.- other remedie5
<br />perm.iued b) applk-abk la~. Lendrr shall be t:utitlt'd to "HIIN" aU n.';;t.~otlablf rosts and t'xpen~es int:urred in pursuing the
<br />rflnedies pro\'ided in this pa..~r"ph llS. indudin~~ hut nof Iimitt'd 10. fellWnable al1ornc} 's fees,
<br />If the pu'ft'er of 1ioaJe i~ hn ok~. .fruslee !'than ft:'t:ord a untie!' of ddauH in ea(:h ('ount,\. in n.hkh the Propert)o" or S(}U1t"
<br />p~'1. ~!:t'::-;:-Gl h !tx.-a!ed ~"td sh:!!! m~! t'opjes oi ...w:t. mHH.'t' HI IOe nuumt'" pn....nihfod h~ appikubi" :aw IU nutWl'fCi- ilud :~) the
<br />otM" pe~tlS prest'ribrd b,' applicable- la,,", After the Jap."K' of' ~u(h 1imt' It!'l, ma, he- ft.'quired b~ aPIJlicflbte law, Trustee shaH
<br />Jti't--e pvblk noti(.'t' ot' saJe to the pefWn:"i and in rite manflCr pn;~st:fjbed b} apllHcublr luw. TJIDi:tee. without demlllnd on
<br />Borro",n. ~b.alI ~I tM Propertf at pubUt~ aw:tion to (he h~he~t bidder at [he rime and plst't' and under tht' terms desiKnated
<br />in tM notice of s.aJe in one Of more par\.'~is and in sm:h urder a.. Tnl\tt'e ma) determine. Trustee mal pO.'lipullc sale of all
<br />or any par\."CI of the Propert~ b~' public annouucentent at thl' finu' OJud p.lat.'t' uf ilHl)' ~)r~,duusl~ ,,\'heduh.'d ,ale. Lender or
<br />Lt'tttkr's, dni&1)e'e m.)' punh~ the Pmpen" at ~ml ~k.
<br />Vpou ref.~ipt of pa,,'m~n* of the pri~e bid. Trustr-t' ~haU deli\,'r Co the pun.htl.'i....r frw"f<<'!iI deed cO~'\'e~in~ the l.ropt"r1~'
<br />oookI. TIt.f' r-e\..... in the Tnt!ttC'(", d<<d ,hajj be prima fade t"\idenn.' n' the .ruth of the sUUeU1ents made therein, Trustee
<br />~I apply ahe' .pr~ of ttK sale in tbe- fnUowi?; ~'rd~r: Vd tu an n:~onabtt- t:US!'J, and t'\pt'USt'-s uf the- ~ii.e, hll'ludint!.. buf
<br />~ limited to. .crWl1<<'. fl"cs of nut mol'(' than 1 / ~ 0 f -\.' i of the )trus,'io 'al~ prt\:e. r~a~()l1able anotne) 's fees >>nd cmh. of
<br />f~ ev!:tknce; ~b) tu =U su~ ...{':::un~d !n tb!~ (ked t,.f I'ru.,.l, l!n-1 {"llh~ .>'-~:t'""", if HtH '. f., <<ht"- tU'c,,"on or nefMms le~aJlv entilleel
<br />tllffeto, . .' ..... " . , .'
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