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<br />84,-- 005358
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<br />9. Condemnation. The proceeds of any award or claim for damages. direct or consequential. 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 be paid to Lender,
<br />In the event of a total taking of the Property, Ihe proceeds shall be applied to the sums secured by this Deed of Trust,
<br />wilh the excess, if any, paid to Borrower, In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Deed of Trost such proportion of the proceeds
<br />as is equal to that proportion wbich the amount of Ihe 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 ir, after notice by Lender to Borrower tbat the condemnor offers to make
<br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date sucb notice is
<br />mailed, Lender is authorized 10 collect and apply the proceeds, at Lender's oplion, eitber to restoration or repair of the
<br />Property or to the sums secured by tbis 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 cbange the amount of
<br />such installments,
<br />10, Bono...er Not ReIetied, Extension of the time for payment or modification of amortization of the sums secured
<br />by this Deed of Trust granted by Lender to any successor in interest of Borrower sball not operate to release, in any manner.
<br />the liability of tbe original Borrower and Borrower's successors in interest, Lender shall not be te<J,uired to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amortization of . tbe sums
<br />secured by tbis Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest;
<br />11. F~ by u..... Not a Waber, Any forbearance by Lender in exercising any right or remedyhereund.....or
<br />otherwise afforded by applicable law, shall not be a waiver of or precluda the exercise of any <;uch ript or remedy,
<br />The procurement of insurance or lhe payment of taxes or other liens or charges by Lender shall not be a walVer of I.ender'"
<br />right to accelerate the maturity of the indebtedness secured by tbis Deed of Trust,
<br />12. Re-.liel ClllllUllltl..e. All remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under tbis Deed of Trust or afforded by law or equity. and may be exercised concurrently. independently Or
<br />successively,
<br />13, Sostteaon;..... A.lps BoaDd; Joint aDd Sev.ral LIability; C.plin..... The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower;
<br />subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall be joint and several.
<br />The captions and beedings of the paragraphs of tbis Deed of Trust are for convenience only and are not to be used to
<br />interpret or define the provisions hereof,
<br />14. Notke. Except for any notice reqUITed under applicab!f ' .,' to be given in another manner, (a) any notice to
<br />Borrower provided for in this Deed of Trust shall be 6ivcll hy ,-,il;,,,:. .'JCh notice by .rtific<l mail addressed to Borrower .at
<br />tbe Property Address or at such ot'-"r address as. Borrower ,o"",gnate by nobee to Lender as provided ~n,and
<br />(h) afty fto.;ice to Lernki' tihaH br; give., hy a;,; ~fied .mag. rd.tii,~ ~ipt reQl..:rested, to ,Lernte:r's a~ SUl~_- herei~ or ~
<br />such other address as Leoder may designate by nollce to Borrower as proVIded herem, Any noU<:e provided for m:tht&
<br />Deed of Trust shall be deemed to bave been given to Borrower or Lender when given in the manner designated. hetein,
<br />15. Unifonn Deed of Trust; Goyernhlc Lll...; Severability. Tbis fonn of deed of trust combines uniform covenants fOr
<br />national use and non.uniform covenanls witb limited variations by jurisdiction to constitute a uniform security instroment
<br />covering real property, This Deed of Trust sball he gowrned by the law of the jurisdiction in which the Property is located,
<br />In the event tbat any provision or clause of tbis [ked of Trust or tbe Note conflicts with applicable law. such conllict shaH
<br />not affect other provisions of tbis Deed of Trust or tbe Note wbicb can be given effect wilham tbe conflicting provision,
<br />and 10 thi. end the provisions of the Deed 01 Trust and tbe Note are declared to be severable,
<br />16. ..........er'. Copy. Borrower sball be furnished a conformed copy of the Note and of this Deed of Trust at the time
<br />o( execution or after oec:ordation hereof,
<br />17. Tr==f... of tile !'l,*"I.: ~,.,.., If all or .ny parI 01 the Property or an int.resl therein is sold or transferred
<br />by Borrower without Len<hor', prior written consent, e.c1udinl\ (at the creation of a lien or encumbrance subordinatfl to
<br />this Deed of Trust. (b) the creation of a purchase money secunty interest for household appliances. (c) a transfer bydevi$e.
<br />descent or by operation of law upun the deatb of a join! tenant or (d) the grant of any leasehold interest of three rears or less
<br />not containing an opllon to purchase, Lender may. at Lender's option, declare all the sums secured by this Deed 0 TrtJ$l to he
<br />immediately due aDd payable. Lender shall hav~ waived such option to accelerate if. prior to the sale or transfer, Lender
<br />and the person to wbon> the Property" to be sold <1f tra""ferred re&<:b agreement in writing that tbe credit of sucb person
<br />,s satisfactory to Lender and that the interest payable on the sums secured by this Deed of Trust sball he at such rate as
<br />Lender snail req....t. If Lender ba, waived the option to accelerate provided in this paragraph 17. and if Borrower's Sl1Cee$lOr
<br />10 interest has executed a wrinen asoumption agreement accepted in writing by Lender. Lender shall re!eQe Borrower from
<br />all obligations under this Deed of Trust and the Note,
<br />If Lender exercises such option to accelerate, I.ender shall mail Borrower notice of acceleration in accordance witb
<br />paragraph 14 hereof. Such nOUee .'"11 proVide a penod of not less than 30 day. from the date the nolice is mailed within
<br />which Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to the expiration of such period.
<br />Lender may, without funher notice or demand on Borrower, invoj"e any remedies permiUed by paragraph 18 beteOf,
<br />NON-U...t>'OllM COVENANTS Borro....:r and lender [urther covenant and agree as follows:
<br />Ill. A<<'elentioa; Relllflll6. Elcepl '" provided In paflllraph 17 heftof. upon Borrower's breac:h of auy roveUMt or
<br />.."",ment of Borro...r in thk n.ed of Trust, induclinc lhe covenants to pay ..ben due IlRJ __ _um lIy Ibis Deed
<br />of T...... l.e..... prior 10 acceleration shall mail nolk'. to Borrow.r as prodded In ......raph 14 henol spedfylna: (1) the
<br />bftacb; (2) 1M Ik'lioa nqu:ifnj 10 cUI''e :iudt bRacb; (3) a dait. nul ieD iJ...an 30 daYi from the: date the nctke 15 !!'...UM t~
<br />Botto..er. by ..hick 'I><'b b....a<:h m.... be curod; .nd (41 tb.t fall.r" to ell.... such lIre""h on or bef~ lite date specilled
<br />in the notic. may result in .<<'derat..... ..f the SO_ ~cured by this f)eed of Tr.... and sale of the Property. The notice
<br />__ further infurm Borro...r of lhe right 10 reiASlale afler a<:~mr.tion ..nd lhe rlahl 10 bring .. ~nllrt ""lion 10 _rt
<br />the -.......uc. of .. default or any other def..... of Borrower 10 ",,~el.ratlon and sale. If the .........." is not eURd
<br />..... ur btfore the "e _iIiod in the Ilolitt, lender at Lender's opt..... m.y decl..r. all of tbe ._ secured by thls Defll
<br />of Trusllu he immediately due and payallle ..ithont further d.."and and may' invoke the power of sale and any other fflUedles
<br />""nuilted by "PJIli<abIe Ia.., Lender shall be entilled 10 coUUI .11 reasonable ~osts .nd expenses Incurr.d III pnrsulDg the
<br />rell>ediel' prov'ided In this _...... Ill. iacludlna, btd not limited to. reasonable alI_y'. feea.
<br />If lhe powpr of sale is iovoked. '1'....... shall ",.:...rd a notk'. of def.ult in each rounly In wlrkh the Properly or some
<br />pari tiM:ftvi n ""aiotu aitd itM:: ~ i~ vf ~h iiG:k~ in fhe .me~ee-! ~.~ by ~ law to Borrower and to the
<br />olher ""........ pres<ribed by ..ppIkabIe Ia_, Afl... the 18..... of so<'b lim. '" may be required lIy applicable Ia.., T.....ee shall
<br />Kin peblk notice of sale 10 tbe penon> and in the mann<< prescribed by applkable law, '1'......... without demand on
<br />110............ shall seIIlhe Property .t puhlk auction to the highest bidd.r at the ti_ .nd place and under the terms designated
<br />in the -. uf sale In 0,", fK ......., par~e15 and in .uch order ..s Tm...... m.y det.rmIn., Trust... m.y postpone sale uf all
<br />or ...y pa<<t'! uf the Property by public .Il_ncem.nl ..t the time and pla<:. of any p....viously schedul.d sal., l,ender or
<br />l.eDder'........, _y purc~ the Property at ...y we,
<br />I'!"", rettipl of pay......t of the prk'. bid, 1rust.. shall deli"or to tb. purdUlser Tm.....'. det"d <'Oft.eying tho Properly
<br />~. f8t ~ In UK' rru~ft"'~ aeoeU Mai. 00 pt"irnA f~it: ~..k1~'iK"i' .If t.~ t..-utb of tilt ~lAte!!!e!!t.s !Jl..1!W:- therein, Trn..'t1ff
<br />'IhaIl 8jlp\y the pr"".... of the ..... in the rolIowinJ! order: ,a, to all ...._..bIe e...b and ex"""..,. ..f the ...... includinJ!, but
<br />not IimitflI to. 1 rust<<'. r.... of not .....r. thim \, of 1.. of Ibe K...... ..Ie price. "'..........I>It> altoruey'. f..... and custs of titI. ..id.n..;
<br />'b. 10 all....... _....ed b. this lletd of 1'tu.t; and ,cl the .~''''''''' if any, 10 tbe ""......, or ""r......lqally ...tit.led theret..,
<br />,.. ....ruwf'r.. RiCh! lu R~e. ~('Jtwlth~(~nd.tng Len-lier\ a.:\:clcUtlOil t1t tht~ 'wm. 'j"*":lIr~J hy (hI" Deed of I'rU\L
<br />BPu-owcf ,hall hi\'&:' the nght to have ..m)' pfi..xttJing"!> t'oe-gun r.v {coder to cnt'on.:e this r.lt-ed l't' Tnt\{ til!i-Contmued al
<br />.;toy !Im( pfl\"If to t;~ .r:arhcr 10 ,)(;{'Uf ()f (I) 1"\.~ fifth t1~) beri'r~ Ihe ..ale nt the f'rolWny pursuant (fl th~ 1l<'lW'CI \Jl ~.tic I.:llnl.ilint'd
<br />1ft thi,'\- Deed ot Tnn.f {-'! (HI erHr) ",f a. ,udgmeu! ~tljof..:mg'thi... l1t.~d at Trm.t If: {i.tl 8nrn.:wn:o.r Pi'Y" 1 t.*ndcr all s.um\ which 'Would
<br />~ liwH dvt' w'kicr thl,\ r~J ,A "j rll'~l, th~ N(HC 4~1 rmtc:-\ 't.'l"Uflng hltu~ Ad";U'\L'C", :t ~n'y, had nn J.\..l.:deratlt~n t't.:,:urted',
<br />(h} tioft'oVt-tr <...:U!{,.... .;.U bn~-4\~h(".j flf an,' other (:H\it'n.-uH'i, l..H .t~rt~emcnh \.'. Rn-no\,l.(} l..:mHaineo 1ft (hi" lJet-d ('it Tru..;t
<br />1;.::; 8onfi-WC-l pay'" AU rt.~4"",o.;lbhe \,,'JX"O~, mnlr~ed h". 1 ~'HJ('r 311d Tru\!ce In t'nit:'>r\:if1g the Cd\('nillll~ and l)gr~'t~mt.'nl~ ;)1
<br />BOHU",,"-t>,f ~('I~"I~..tjl)eJ In !....1\ Deed "I TTU'\.t ami 10 ~n(PJ;':;lOg I f:nder", JJH.t lnl\h.:'4:'.... f"!.'m~Jie\. ~'t\ pr\w,dcd 1I1 r<ila~r.trh IS
<br />~w,;r<c,.;'f. ,~}.f\Jing, hut n,>-l tlflhtN to, (1.~a'!>\lnab.f" ilIttO,jf"....."... fee... Mid (..if BOHYI","f t;ik..;:>t. sm.::h .1('tH~n a~ i ,endcf ma\ re.l'.nn,lhf\-'
<br />t\::'4\-'Ih" fp a;,~."-lt(" thai fhl: hen ....f tl'm. I~'t-d {If Jnl..' J e-1Hkr'-'. 1n!t'H>..t t!\ ,h(' Pr~~pl""ft\ df'Hf H:illfi.1W't'f';;, ,'hli~<di\\ll t" i"\\
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