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<br />by this Deed of Trus~ immediately prior to the date of taking bears to the fair market value of the Property immediately prior to the date 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 Of 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 collect and
<br />apply the proceeds, at Lender's option, either to resforation or repair of the Property or to the sums secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise asree in writing, any such application of proceeds to principal shall not extend Of postpone the due
<br />date of the montbly illSlallments referred to in paragraphs I and 2 hereof or change the amount of such in5tallments.
<br />10. Borrower Not ReIeaMtl. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trust
<br />llfltIlted by Lender to any successor in inlerest of Borrower shall not operate totelease, in any 1tllIIUleI', the liability of theQrigina\ Borrower 'and
<br />Borrower's successors in interest, Lender shall not be required to commene<: proceedings against such successor, or ref_ to extend time for
<br />payment or otherwise modiry amortization of the sums secured by this Deed of Trust by reason of any demand made by the origllialBorrower
<br />and Borrower's sU~rs. in interest.
<br />U, ForIIeanulc>e by Leader Not a Waiver, Any forbearance by Lender in exercising any right or remedy hereunder, Of otherwille afforded
<br />by applicable law. shall not be a waiver of or preclude the exercise of any such right or remedy, The procurement of insurance or thepayment,Of
<br />talc... or other liens or charges by Lender shall not be a waiver of Lender's right to accelerate the maturity of the indebtednesssci<:uredby this
<br />Deed of TfU5t.
<br />11, R.-dIes CumulatIve, All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remed)',lI11derlllis
<br />Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or successively. ,
<br />13. s.- ud AtsIps 1IoaIId; 1""'1 nd StYentl LiaIII/Ity; CapdOll5. The covenants and agreements herein contained sbaII, bind, ~.
<br />the rights hereunder sbaII inure to, the respective successors and assigns of Lender and Borrower. subject to theprovisiOll$'()f~J7'.'
<br />hereof, All covenants and agreements of Borrower shall be joint and several, The captions and headings of the paragraphsoftllia Deedoof~
<br />are for convenience only and are not to be used to int~ or define the provisions hereof,
<br />14. NoIb. Except rOT any notice required under applicable law to be iiven in another manner, (a) any notiee to Borrower providei!forln
<br />this Deed of Trust shall be given by mailing such notice by certified mail addressed to Borrower at the Property Address OfaUuchothc:t~
<br />as Borrower may designate by notio< to Lender as provided herein, and (b) any notice to Lender .halI he given by certiftedmail(l'etmn ftlCeipt
<br />requested. to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower as provided herein..'Al!y,
<br />notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the awmer ~l=-"...J;.
<br />IS. UlIifonD n-t of TnIst; Gowemhl& Law; Se'tenlIilUy. This form '" '",,'lI of tnJ!t combincs uniform covenants fornalioaal Ullund
<br />non. uniform covenants with limited variations by juri8<1iction to comt;" , ,..~~!>f11l :ecuntv ....trument coveringn!al property./I'Itl$ Doil!:Iof.
<br />Trust shall be gO\'emed by the law o( the Jurisdiction in winch the Pro~.y is located,ln the event that any provision or clllUlCioftbisDetd Of
<br />Trust or ,he Note conIlicts with applicable law, such conflict shall not affect other provisions of this Deed of Trult ortbe-Noltl wbich,C8Jl be
<br />given effect withoUlthe conflicting provision, and to this end tbe provisions oflhe Deed ofTtust and the Notearedeclareclto heacverlble.
<br />16. Borrower'. Copy, Borrower sh.all be furnished a coonformed copy of the Note and of this Deed of Trust at the time of exceutiOIll)f
<br />alter recordation h.ereof.
<br />11, TraIIIfer or Ute Proputy; ~tloa, If all or any part or the Property or an interest therein is sold Of transferred by Borrower
<br />\.!.;thmn I_.en~' ~ prior written wnseni i e;i;durliJlB (a} the creati(m Qf a lien -or- ~ocumbrance !!!bo..rdin.ttt~ to this ~ of TP~ (b) the acation Qf
<br />a pill~hase ffiOt"1eY ~urily iIU~t ior housdltb'Q a~"iCei. (<:) a transfer oy devise. de$(.'eIlt or by uperatioD of law upon tho death of-. joint
<br />tenant or td) the gr~nt 01 any leasehold Interest of three years or less not containing an option to purcn-, Lender may, at Lender's opilott.
<br />dedare all tile sums secured by this Deed of Tru,t to be immediately due and payable, Lender shall have waived such option to accelerate if.
<br />prior to the sok or tran.fer. Lender and the person to whom the Property is to be sold or lrlUlSferred reach agreement in wriilns. that the ~of
<br />sucit penon i. saw.factory to Lender and that the int....,.t payabie on the sums secured by this Deed of Trust shalJ he at such rate as LenGer sbaII
<br />request. If Lender has waived the option to a"''elerate provided in tllis PaTaaraph 17, and if Borrower', ,uc=sor in intereo. has UllC\lted a
<br />..Tilten assumptioo agreemem a""...pted in wrinllg by Lender. Lender ,hall rei..... Borrower from all Obligations under this Deed of Trust and
<br />the NQlt.
<br />if i.ender exercises such option to 4L'\:-eieratc. Lender shall mau Borrower notice of acceleration in acc,ordam;-e with pa,rqraph 14 hereof.
<br />Such noli"" shall provide a period of not I..., than 30 days from the date the notice is mailcQ within which Borrower may pay the sums declared
<br />due, If Borrower fail. to pay ,ueh sums prior to the expiration of such period. Lender lD&Y, without further notio< Of demand on Borrower.
<br />invoke any remedles permitted by PaTlI&Taph 18 hereof.
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<br />NON. UNIFORM COVENANTS, Borrower and lender further coovenam and aaree as fnIJows:
<br />II. Aecelondoa; ~ ......... as proyllkd Ia ~ 17' Ilereof. lIpotI I*nnr,,'. ~ of .., ~~ w aa-' of
<br />........Ia go n-t of TnIIt, iadIldIIoa IIIe ...v_ 10 pay wllo d_ _ _ -.nd ~ ... 11M of T.... u.4er ""10 .......
<br />slIalI RItlII ......- 10 Borrower as provldod I. JIU1IInIIIIl14 Ilereof ~: (J) IIIe ~; (1) the aeIiGIa .....aind to eare ... "-II; (3) a
<br />dale. aut .... .... 3G days f_ the dale of ...lIce illUIIed to I*nnr..., by wlIIdl_1I ~ .... be eared; .... (4) dial ""'10 _....
<br />"'-10 ... or ...._ tile dale Iptldftod Ia tile .otIce _ ......Ia aceeimtdoIa of the _ -.nd ~ go DeIoI of TntII...... of die PnsIert1.
<br />The aotIce ..... ,...... Iafona ........ of die rip! to ~ after acceIcntloa nd IIIe rlaItl to Ioriaa a _ IIdloa to ~. die _
<br />~ of a defaalt.., _ Dtlw def_ of Borrower to ~ .... aaIe. If tile lI-'t Is .... e1InIlI OD or beforellle dale llfIKiW Ia IIIe
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<br />~'t ~ - i~.. ~~~ ~ ~.eB e!'!!!e ==: ~!:, e:!:b D:=! of T:=:::c ~ ~td)' d_": iHiI-.bIi: w"~ '--=-
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<br />...... nd _ lay". tile po..... of .... nd uy otW ......... penaltled by appIiealIIe law. Leader sIIaII be eatIdad 10 eoIled all -"Ie
<br />-.... _lac*"'" hi ....hIII.. tile......... proylded Ia thI&.......... 1I,IDdtldlaa, lKtt.... UI8lIed 10, ~att_J'. f_,
<br />If 1M power of .... illavoked. T..... slIalIlWord a aotIce of lIefatilt hi eacIo COOlIIIy Ia wllh:lo Uoe Property or _ pout dltnof ill!>eatad
<br />uo4l1l1a11 tMIl ~ of IKIt ItOtiee bllIIe _ ~ IIy appIIeable ..... 10 IInrfow... aad 10 tile olllet ~ pnacribatllIJ applIeallIe
<br />law. Atw tile t.,.. of _10"-.. DIll) bJ....tt1n4 IIy .........law. T...... slaaII.he paIllk aotIce of.... to tlte......... aad Ia tlte_
<br />~ by ~....., T_, wUIlovt....... oa 1Inrfo...... ,ball sell tile Property at ....1oIIc....,lioa 10 1IIe.1tlalMIt lIltIder at tile "-
<br />sad ......... "...... ... _.....Ied ItI t'" DOtIce of"" hi _ or IDOft parua .... .. IllClI order as Trutee DIll) deIen8Iae, T_ DIll)
<br />~ ale of all or all)' I*UlI of ... Property II, pooIlIk __I ,t !IM t!_ at!<! ~ of AllY prev\oQly ..,!led8Ied ..... I...... or
<br />Leeder's deIlpee DIll) pardaoe ... Property at all,)' "'*.
<br />lJpooo""" of ,.y_ of tile prit:e bid. T_ slaaII delI_ to tile pvelwer T.....tee'. d4ed ....y.yi.. tile Property sold, Tile -'tala ItI
<br />lbe 1'_', d4ed....1Ie .... hll:Ie .,idotIce of tile lrtltlo of tbe _.. awIe tItenIa. TnutM .... .pp1y tile proceeda of lbe .... In Ute
<br />f..............' lal tiOalI____~_......of ........ h.dlllllllll, bat IIOt!llAllelll.O. T_', fMOOf ...1.......1.... HI^..~.
<br />of dot.-_................ -,.', f_ .ad....... of tide ..Wnce; 11>110 all.Il_1tCIU'Od by IIIIs Deed of Tnut; aad I,) tlte ......... If
<br />..,.. 10 1M _ or ......... ....., ftIIltladlllereu>.
<br />.t. ....,.,.,......1 ,...~. Notw.th\t.andintr. Lender's 3\.\..~k:nuiOlll>t the .itnn... ~Uftd hy IhI!. l)cooo of TI'\Is.[~ Borruwer ihall havt!
<br />t!~ ri.atl! H) ha'\.o't a.t\y PH')!':~lf'as. ~un~;: tend" to' tnfOf\.:c Uus Dft-d of lfliM di.-;.(unu-nuo1 ill: any tirlK prim h) thi: e-arhtf to l.X'cur of ti) (h~
<br />nUh 4.) ~f@( lM ~ l~r t~ p"f(~rt)< {mu\i&tlt tu the )X)....<<u of la.i( ct.),iu-amed HI ihn, l~ of Tr1J.l'..t \H (11.) entry uf a jurl,utenl ~nf{)r\.;in8 lhh
<br />f~ t'1t TnAM ~t (4J &117~"W(,% ;:!;I\-)"'. 1.f11OO it!! 'U1tl~ *h~it would bot tben J\)(" uudt:J lhf~ f.)e.:J of Tru~t. the Note iUl:4.I iH.)le.... :>'('(unnj hUUtt:
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