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<br />84,......,
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<br />005713
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<br />by this Deed of Tfl.!st imrnOOiat.eiy prior to the date of taking bears to the fair market value of the Property immediately prior to the date of
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<br />r
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<br />taking. with the balance of the prO\,;-eeds paid. to Borrower.
<br />If lhe Property is abandoned by Borrower. or if, afler notice by Lender 10 Borrower Iha~ tbe condemnor offers to make an award or seltle a
<br />claim for damages, lWrrower rails to respond 10 Lender ",Ibin 30 days afler Ibe dale sucb nolice is mailed, Lender is authorized to collecl and
<br />apply Ibe proceeds, al Lender's option, either to resloration or repair or Ibe Properly or In the sums secured by 1l1is Deed of Trust,
<br />Unless I . .,der and Borrower olberwise agree in writing, any sucb application of proceeds to principal shall no~ extend or poslpone Ibe due
<br />date of the monthly installm,,::nts referred to in paragraphs 1 and 2 hereof or change: the &1-rlount of such insutllments.
<br />10. Be......'"" Not Ikleueci. Exlension of the lime for paymenl or modification of amortization of Ihe sums secured by this Deed of Trust
<br />granled by Lender to any successor in inlerest of Borrower shall nol operale to release, in any manner, the liabilily of the oriainal Borrower and
<br />Borrower's succes.ors in interest. Lender shall nol be required to commence proceedings against such successor or refuse 10 extend time for
<br />paymem or otherwise modify amortizalion of tbe sums secured by tbis Deed of Trust by reason of any demand made by the oriainal Borrower
<br />and Borrower's successors in interest.
<br />11. Forbeullace by Leader Nola Wmer, Any forbearance by Lender in exercising any righl or remedy hereunder, or otherwise afforded
<br />by applicable law, sball nOI be a waiver of or preclude Ibe .<ercise of any sucb rigb~ or remedy, The procuremenl of insurance or the paymenl of
<br />laxes or olner liens or charges by Lender shall no, be a waiver of Lender's rigbt 10 accelerate the maturity of the indebtedness secured by this
<br />Deed of Trust.
<br />12. R......u.. Cumulatl... All remedies provided in this Deed of Trust are distinct and cumulative 10 any other right or ~ '~I!l!e':!:!:
<br />Deed of TrlJ5t or afforded by law or equity. and may be exer,,'ised cofl;t"'1.!tenHYI indqJfildentiy or 5uc:ccssively.
<br />13, ~",,~....u Mslpo _.el; Julat lltIII Several LiDbIIIIy; Captious. The covenants and ~lS herein containedshal1 bind, aDd"
<br />the nghts hereunder shaU inur< '0, the respe<,'tive successors and assigns or l.mder and Borrower. subject 10 the provisions of ~J7
<br />hereof, All covenants and agreements of Borrower shall be joint and several. The captions and beadings of lheparqntpbs of this Deed of Trust
<br />are for convenience only and are not to be used to interpret or defmc the provisions hereof.
<br />14. Notice. Excepl for any notice required uoder applicable law to be g:;'cet.'_ber manner, (a) any notice to Borrower proYi4edJorin
<br />this Deed of Trust shall be given by mailing such notice b~' t~ificd tl':ail ,{l~~"'-. ~ to )Jofrower at dk;roperty Address-oratsud1otber_~
<br />as Borrower may designate by notice to Lender as pro\'ict--:d. hi:r~n. Qi\Q r ' y notice to Lender shall be given by certified !!!SiI,,_:=u-a-~-'
<br />requesled, to under's address staled herein or 10 such miter ad<lre;, as Lemi<r may desi3nate by notice 10 Borrower u provldedbcrclt),ADy
<br />noucr provided for 1fl this. {)reed of Trust shall be deemed to have been given [0 Borro'1t6 or Lender ~'heo given in the maDDer ~~~
<br />15, Ualfona Deed of T......: Go.-., I...w: Snflablllty, This form of ~ of rrust combines UlIiform covenanl$ for .nalioDal_lIIId
<br />non~uniform covenants with limited ...arations by jurisdiction to constitute a uniform security instrUlneDt coverina ra.1 propcrlJ. 'l1da ~ Of-
<br />Trusl shall be governed by the la", of the jurisdiction in which the PrOflCrly is located. In lhe evenl that any provlikln or dame cUhldMlcl of
<br />Trust or th~ Note ,onflicts .'Hh a,pphcable law. 5tK;U conflict 5haJl not affect other provisions of this Deed of Trust or the Note wbicb-CIJl be
<br />~i"en c-t feet without the contlicting pro\'lsion, and to this end the provisions of the- Deed of Trust and the Note are d~ tOo bex:u..~
<br />16. Borrowe:r'~ Cop,-. Borrower shall be fumish~ ~ ~cn!c-m-~ct ~i)VY oi th~ Note and of this Deed of Trust at the time of executioa or
<br />,~!~~~ ,o';i:vtoatton nBrof
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<br />11. 1"...,... ollhe Propnty; ..._...._. If all or any part of the Property or an inler"" t.~.,..u, is sold.,.. iraDSferred by8orroll.-
<br />\\lthom L.euder', priot "Hitlen (on,,<m, c~duilir'~ (i.-, the ,,:ration of a Hen or encumbrance subordinate to this I>eod of Trust, (b) tbecreatioa-_of-
<br />it pun:hase morl('Y securuy mt~es[ 1'0:- hOUS('hotd a~'tplllm..--es. (c) a transfer by devise. descent or by operation of law upon the death of a Jomt
<br />;~na.nt Vi Hll n'rt: SHUll of 3-<'1) ~~.ok! intef~t 0-1 three years nr lc~ not contair.ing an option to purcl:1ase. Lender may, at t..ender's ~
<br />de.dare all the- -s.U!n~ ~n---ured b~ thiS l..>eed /',r Tr u.s.t to be- immediately due and payable. Lender tha!l have: \\'1b-=ved such option to at."Ctltnte U.
<br />pnor to the 3Slc Of !fan~fe(. L.::ndet- And the pt<-soo 10 whom the Property is to be wid Of transferred reac:b aanemcntin writisa'tbat lbe--~oI;
<br />'u;;h pet"Wlll> SAtisfactory '" Lender and ,hat the !Dt.....1 payable on the ,urns secured by this Deed of Trus~ .baIl be at such ralC as Lauder IlIaD
<br />request. If Lender nilL.\ wai...ed the optIon to a-ccderatc- proV!:dcd in thiS paragraph 17. and jf Borrower.s sua:eaor in inl<<at has, eaccuced-a-
<br />\llnU-en assUmptlOO av-et'~nt a..'t:CVI~ in wnti~ by Lender. Lender shall rdt":&Jir Borrower from all obli~ ~ this. J)!ed: of'_Truat.-.l
<br />the Ntilt'.
<br />If Lender i."'Xt"TCi:;,e; 'iu.::h op-t~on tu -3('cder3.!~. Lcndtt m.U !!\-.-ej! Borrnwef n~'llice Qi acceleration in aa:ordaDce with ~ 14 hIreol...
<br />"-L~h ~:...':t:~ *&it.l~ PH.h-Ule- a p.t:fllld of n-t'li lh\ than 30 daY1 from the date the nOlk-e is mailed within which Borrower may ~ !he. ~ ~w
<br />due _ if Borrowt'f falls 10 pay SUl.:"n mID.S prior to lhe o-mf!lltmn of :;~.:::. ~i-iuti. LenGer may. without further notice or demand on BorrowerJ
<br />!n"'.~~k:: -:;:;:.' -;';'h.win. pnmlned b,- paragraph IS r.Cfeof.
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<br />NON-UN!FOR..\-t COVPNANTS. Borrower and Lender funber OOVff'ia.G( and. q.ree as follows:
<br />l8,o\mtIcn_; R.-dles. t~u"pt .. ,.....wod I. ~ 17 Iterool. IIjIOOI Borrower'. bnMII 01 .., ...- or ...-. 01
<br />iIo<nJwe< ia I.... Ocood oll"rvst. ~ tIoo ..._ 10 pa, ..... d.. .., _ ......... lIy IIlIs DeIoI .f T.... I.tiolIir ;;rlor to .....AIlS!!...
<br />,_ mall ~ to Bom>w.. .. "",._ la -"'1* 14 _ spedfyttIc: (I) tilt ......., (1) IIIe eelIoa .......... .. ClIft .... ~ (3) a
<br />lIaR. eot.... tIlaa JOda,. ,...... tilt date> 01_1I1Ullod to Iiomnm',by wilidt __ bfttodl_lltcvod,..... (4) dltII r......._....
<br />bt-*' .... or lod_ me dl:# ~... ia tilt __ .., n'II1Iit iJl acnlontIoto 0' tilt .._.....lIy dlIs DeIoI 01 T_........ .r IIIe .........,..
<br />fIlt _ .... ~ ilof_ Iiomnm' 01 tilt rtpt to m.- altlor ..-.doD lltIIIlIIe fI&IIt 10 IIfttoa a _ eelIoa .. _ 1Ilt_
<br />_ of a ddatllt Of ..., ...... ...... of ............. to aeuIotatloa lltIIIlIDic. IlI11e ........ II aot ........ OR or boI_ !!!e <!:Ie .,...,:f'- !e ii=
<br />_, 1_ at LdMIcr', opIMe _y _iii 01 the _ ~_.4 by!;,;,,'- vr T...... 10 be .......111'....... pep" ___ r.rdMr
<br />-== .....: _, ;.,y~. :l;o puwcr 01 _lltIII..., ...... ...- peI1IIitHd by oppIieablo law. LftIIIor .... 110 eetlded to eoIIed aU .-..
<br />NMU lltIII..-- _ io "...,_... the "".- ptovldodlD ................... II, llIdouIIDa, bot aot IiJBlr.4 t<!. .,~ ~ ........,.'. r_,
<br />If the po_ of lIDic io i..oI<ooI, T.....1ft _., _",~:~"..: Wiaatt 1ft _b tolIoty la wIIidI tilt Proporty or 10_ part IlIenor ..1oaI...
<br />~ ..... .... c..... of .......It 0_ i. the _ ...-- lIy lIJlIlIlcabIe law 10 ~.. ::;;l 'v ;J;c ....... __ pnscrt_ by IIpJlileabW
<br />law" AItlor... __ 01_" !!!!!e "" """ li>t ......moi '" appllcabIe law, T............ P" ""lIIIc _ 01_ 10 tIoo __ uti I. IIIe _
<br />~ by ......... !!ow, T_Ift, _t __ OIlIlonower, ......a lI.e ~ :! ;r.!;Il;' ii...u- to -Itltlloat ~ a.1IIe limo
<br />....c ,.... aad ~ ... ....... ~~ ~ i:iw MlOce of sak Ia 0Dt' or IBOft pa.n:eII ud hllMKl! e!'dtr" Ti"Mift ilia, ~~. 'f:=tw iiiil1
<br />~ ~ vf aU Of ..t ~ of !~ P'r-.;pa1, by pttbbc ..aD@.~-=-; iii iOe- DIM' aDd plut of ..y p~ KtIecIWed sale. Leader or
<br />l~'!.... '...~ iiiII)' ~ tile Property at IUI)'__.
<br />1'_ mftptofpa'_.oftllt........bid,lrutH.-_...IO the porcl!u<< 1'.....1.'. _ "".'.Yllla IIIe Prot><t1y wid, TIlt """Wo ,,,
<br />1_ I................. pritIM f~ e'!'~ :;f tR tnitli vf ik ~~f1!: ~~ t:;'ma. -l"nwee dJaII ~y tM ~ of 1M... i. Ik
<br />I....... 0'." I.>!<> o!!:..-~....u lltIII"_ 01 tllO uIo, i_...,....t BOllillllUll to. r.....Ift'.I... 011>01........ tltaa ' _ ....
<br />01 tIlt..-.. JIIitt, -'* auonooy',I...lltIII_li of 11110 e>i<lclln; lbl 10 lIll.........."'O by Ibis Ocood oll.....t; aDd t<llhe .......11
<br />...,. ." 'Ilt _ '" _lotllil} ...UlIod ,hoftto.
<br />t" ~.'. RitM to a..-........ Notwlfh\(andmjl L("nde:t'\ al..("cl("r~hnn ':1t In( <>urn'! ..t"1.-uftd ~v thl:\. lk"lC'd \)t 1'111:-.t, 1k1rr;;lwt,"1 '\ohall hil\rt'
<br />'h-t' n}th! 1\.1 hil\<~ .-rjl;' ~-S-f"'~("U_ltnl!i ~un b\' \ {"HJt'~ !n ~tlftlfCt' th,,, L~l nf fnlq t!!:..':"'I.-,r::tmi.in1.u itn",- \tow ptl\'~l hl !rn.~ e-arhef te 1.'lo.."t'UI or
<br /> 0) toe
<br />"Ht. ,loll" N'-htH"!h,p ~'!k- ;)t t!";-;: Pfr-.-prny l'-\lf"'uam W th~ P<;lW~ nf \31r- ~-oniault"{i In tht<,. r~ ~~r rru-.,! 01 I,ll'! ...nU~'- ~~f ~i juUttmttH Cnhlrn!lr~ thl\
<br />i~ IhPH d (~.l R.:nHI"lii{'t fi'-<lV\ i rndrt .'t!-\ '=\l-m~ ';lo-hh,-'tl WOH;tl ~ lhetl ($IH' -"wdt'-f d1\'\ [~l ,~i 1'1 U'-l, :h... "'<I_llt' .-\lhl n;..lj~ ..-e-Cllnns. t U!Ul('
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