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<br />9, Condemnation, The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnalion or other laking of Ihe Property, or part thereaI, or for conveyance in lieu of condemnalion, are hereby assigned
<br />and shaH be paid to Lend~i.
<br />In the evenl of a lotal taking of the Property, the procttd; ;!:~!! I1e applied to the sums secured by this Deed of Trust,
<br />with the excess, if any. paid to Borrower. In.. the event of a partial taking of the Pfo~rty. ~mtess Borrower and Lender
<br />olherwise agree in wriling, Ih<"e shall be applied to the sums secured by this Deed of Trusl such proportion of Ihe pr~-.!l:
<br />as is equal ill that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of
<br />taking beam to the fair market value of the Property ifijmcdi~!ely 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 if, after notice by Lender to Burrower thai the condemnor offers to make
<br />an awald or settle a claim for damages, Borrower fails to respond to Lender within 30 days after Ihe date such notice is
<br />mailed, L..."der is auth<>ri;red to collect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured hy this Deed of Trust.
<br />!J,,~ !.,,,.J.,r and Borrower otherwise agree in writing. any such application of proceeds to principal shall not extend
<br />or postpone the due dale of the monthly installments referred to'in paragraphs 1 and 2 hereof or cbange the amounl of
<br />such instaU:r..ents.
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<br />hy th:SOi:~cl';-~~:~:~i_:~~e;:~O~~~fs~:~~~~ :~'~n;:::~~~i ~~;~;;~?~~~f~~ ~~~~~~~~~I~~:=7n~;: ;.:u:~
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<br />the liability of the original Borrower and Borrower's successors in interest. Lender shan not be required - to com..rnence
<br />proceedings against such successor or refuse to extend time for payment or o!he.rwise modify amortization of the sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's suc-..ess<>n in interest;
<br />II. f"orbellJ1lDce by LeRdu N<>t a W!!lver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy,
<br />The procurement at insurance or the payment of taxes or other liens or charges by Lellder .hall not be a waiver of lender's
<br />right to accelerate the maturity of the indebtedness secured by this Deed of Trust.
<br />12. Remedies Cumulative, All remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by law or equilY, and may be exercised concurrently, independently or
<br />succeWvely.
<br />13, Suee_... and Assigns Bound; Joint and Sevend 1"k.~,...~" Captions, The covenants and agreements herein
<br />contained shaH bind, and the right..s hereund.er shaH inuie tel_, "1\. ,-'specti;- SUC-C-C5Wia and assigns of Lender and Borrower,
<br />subject to the provisions of paragrliph i7 h~.xe..-;~. AH ~r':-<-'~'i.Jmtg ~nd agreements of Borrower shall be joint -3_nd several.
<br />Tbe caption. lllld headings of the paragrapos of this Deed of Trusl are for conYenie.~ce only and are not to be used to
<br />interpret or define the provisions hereof,
<br />14. Nottee. Except for any notice reqUlred under applicable law to be given in another manner, <a) any noliceto
<br />Borrower provided for in this Deed of Trust shall be given by m"iling such notice by certified mail addressed to Borrower at
<br />the Property Address or at such other address as Borrower may designate by notice to Lender as. provided berein, and
<br />Ib) any notice to Lender shall be given by certified mail, return receipt requested, to Lender's address stated hereiltorto
<br />such other address as Lender may desi~ate by notice to Borrower as provided herein, Any notice provided for in this
<br />Deed of Trust shall be deemed to have been given to Borrower or lender when given in the manner designated herein,
<br />IS, Uniform Deed of Tru;;t; G..v~...i~ taw; Severability. This form of deed of Irust combines uniform covenants for
<br />national use and non~uniform covenants with limited variations by jurisdiction to constitute a uniform security- instrument
<br />covering rea; pro!",,,}, This Deed of Trust shall be governed by the law of the jurisdiction in which the Property is located.
<br />In the event that any provision or clause of this Deed 01 Trust or the Note conllicts with applicable law, sucb conilict shall
<br />not alIect other provisions of this Deed of Trust or the Note which can he given effect without the conflicting provision.
<br />and to this end the provisions of the Deed of Trust and Ihe Note arc declared to be severahle,
<br />16, Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time
<br />of execution or after recordation hereof.
<br />17. T:==fer..r!"" ~y; AaumJ!liQo,. l( IJbw any part of the Property or an ioterest therein is sold or transferred
<br />by Borrower without Lender's Ilrior writt~n. C2.'lletft".';,xcl\!4ing (a) Ihe creation of a lien or encumbrance suoordioate to
<br />this Deed of Trust. (bl the creation of a purcnase money security interest ior hou."eho!d appliances. (c) a tramfer by devise,
<br />descenl or by operation of law upon the death of a joinl tenant or (d) the grant of any leasehold interest of three years or ~
<br />not containing an option to purchase, Lender may, al Lender's option. declare all the sums secured by tbis Deed of Trust to be
<br />Immediately due and payable, Lender shall have waived such option 10 accelerate if, prior to the sale or tramfer, Lender
<br />and the person to whom the Property is to be sold or transferred reach agreement in writing that the credit of such person
<br />is satisfactory to Lender and that the interest payable on lhe sums secured by this Deed of Trust shall be at such rate as
<br />Lender shall request, If Lender has waived the option to accelerate provided in this paragraph 17, and if Borrower's successor
<br />10 interest has executed a written assumption agreement accepted in writing by Lender, Lender sball release Borrower from
<br />ail obiigaltOilS. under thh L"'eed of Trust and the Note
<br />If Lender exercises such option to 3t.'"-Celerate, Lender shan mail Borrower notice of acceleration in accordance with
<br />paragraph 14 hereof, Sucb notice shali provide a period of not less Ihan 3U days from the dale the notice is mailed within
<br />which Borrower may pay the sums declared due, If Borrower falls to pay such sums prior to '!le expiration of such period,
<br />Lender may, withouI funher notice or demand on Borrower. invoke any remedies permilled by paragraph 18 herecf.
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<br />NON~UNfFORM COVENANTS, Borrower and Lender further covenant and agrt"e as follows:
<br />18, AcerleratioB; Remtdies, Exc~pi liS pre.!ded In paragraph 17 hereof, upon Borrow~r's breaeh of any COV~lI3nt or
<br />"l:lftmenl of Bo.....wu in this Oeed of Trust. ineludiDll th~ covena..ts In I'l'Y when due any sums secured by this Deed
<br />01 1'......t. I..,nd~r prior 10 acce.......tion shall mail notice to Borrower as provided in parIIIlrapll 14 toe,..,'" .peelfy!!!!!, (I) the
<br />bnach; (21 the aclion required to .'ure sueb breaeb, (3) a date, not less than 30 days from Ihe date the notke Is mailed to
<br />Borro.....r. by which sucb breach mw be .'ured; and (4) l!utt failure to ,'ure s""h breach on or before Ibe date speclfied
<br />in Ih. nolin m.y result in .cc.i....,.,,~ "f th~ ..._ secured by Ihis O..,d of Trust and sale of the Property. The notke
<br />shall further inform Borrower of Ihe riRht 10 reinstate after an..,le....tion and the righl to bring a court aellon 10 asso:rt
<br />tM ROn~ellbte-Dce of a default or ant' other defel15e of Borrower to acceleration and sale. If the breacb is not cured
<br />on or before the date speemed in the Donee. Lender at Lender's option may declare all of Ihe sums secured by this Deed
<br />of Trust 10 be immediately due and payable without further demund and may ins'oke the power of sule and any other remedies
<br />J"'fiiilttcd by :y;>!."'''~ !!!w, I.ender shaH be entitled 10 col"'el aU reasonable costs and expe_ incurred in pursuing Ihe
<br />remedirs provide-d in this paragraph 18. induciiJ'l:2~ OOt i"r~ limited to, reasonable attorney's fees.
<br />If ,be power of sa)., is iowoked, Trustee shall record 8 notice of defauit in eaeh counly in which the Property or some
<br />part theR-O-f is toe.lt'd and shall mail !"opies of st!(:1! notice in the manner prescribed by applicable law to Borrowe.- and to the
<br />oilHr peno... prescribed by applicable Ia... Arter the Ia..... or such time as may be required by applicable law. Trustee shall
<br />gi~'" publ:k Jkttke of sale 10 me Jien,"m~ a!!!l in tbe- manner prescribed by applicable law. Trustee, without demand on
<br />Borrower. shall seD 1M Property al public auction to lhe hjx....t bidder at the time and place and under the terms designated
<br />in the notice of salo in one or more parcels and in sucb or....r as Tnosfee may determine, Trustee may postpone ""Ie of all
<br />or &It, pU("~1 of the Property by puh!k 3!!J!91Ulceolt'm at tbe timt' and place of any previously scheduled sale. Lender or
<br />I ,ender's ~nee may pnreh_ Ibe Property at any sale.
<br />Lpon receipt of payment or the price bid, Trustee .hull deliver to Ihe purcha.." rru,I..,'s d<oed l'Onveying the Proper!)
<br />'iOkl, TIl<' redtals in tbe Trust..', d..d s"all be ....lrna fll<1e ., idetK'e or tbe truth of the statements made the....in, Tr....t....
<br />shaIi apply the prt)(.~ of the sak HI the fu!luwing order: tal tu aU reaSi_m.M:bJe \'osts and expen~ of the sale, includin~. but
<br />Ilttt limit.ed to. Tru..q-err's feu. of not lDOn>-ttum h of J% of lhe gro.\." SBk pri('~. r-t'uson.uble aUnmf'~"~ f-ees and rosts of titJe e,..id(!ne~~
<br />j b I to all SWIUi ~ured b" ti:th ;:~ -of Trus!.: a.nd h.. 11M e-X('~. if an}'. to thf' person or persons- il.'gall)' ...-ntided therelo.
<br />19. Borrow<<'. R"t to R..imtate. Nmwj~h:st-llnding Lemler'... <i\':'cderation (;I the ~um.. s('....ufed ~y thl\ DcC'd {.\f Tru't,
<br />BHH11w-er \haH hav(~ tht!, nght tp have any pr(J{:c-cdings ht~gUH {:-a,- lender tll {~nrprce thi~ Deed of Ti'u~1 <.lIs-continued ji~
<br />4n.v tune- pnOf to the ("arfier h.1 (lI(i.,7Ur (If II) the fifth day hch1H~ the ".lIe of the Property pursuant W the p('\\'t~r of \ilk i..'ont<1lncd
<br />m 'ht.... Deed ,')( Tnt\t e.f {n} entry of a Judgment Cnf(ln.'ing rhi... Deed of TrwH If: (ai Borrower ri"iY~ Lender ail ",um.. ,,,,'hl..:'h would
<br />}1(' tnro due_ undt'::f Hnli Deed (1.-{ TfWiI. the Note and r\p{t":\ Wl"'lHlnR Fuwrc Advanl:.'e~, If an\'. had no a(I..'eh.~ralwn l\t'l'urr~d'.
<br />ib> BU1t'i"H"'er curl:"'" dH h~e-.ildt(:'\ (If any \Hher cnv{"oanr.. on a;:f-eem~nt.. of Un-Hower ('\mt~tncd H1 trw. D(~cd Llf Tru"f.
<br />h:j Ruttowu p.!ty\ ali rt".~,of)3hh,' e'(rwnM:'~ tOctlrrt'd hy I ('r,der and -rrm:t('_t~ 1ft t"nfl'l1Cl!1J; the ,-'('\l'I1Mlfs :'111:,1 a~fCemt'nl~ d
<br />.Ronn\tr~r tom<AlJH~\l in thl'- Dct",! ...-oJ rrrl\,! 3M",! 1t1 t:O!'{'1_tung Lt'nd'tr'.,>_ ;'md -1 rU'.h:e'<<, renh.~dle" ...,;; j1fl'!,\"uh.',j: If! r,Ha.~urh l.x
<br />'l-{'Tt'{)f.. n'.!~hr(hn" hu~ nn! flf1Htc-d fl) n~a\,'Hl3.hk aU'\fncv"o; ke''-. ;~H-d UIl B.prrnwcr uh"" '\IKh tKlH'l-n <1\ i -Z'!1..k: m:.n 1Cil,\\(l,ib!\.
<br />ri;~qj~-jr\C !H .i!"!i....U{{' thl:it ft-.;.;, 11'!."-'n nt thIs. need ('If frUli.C ! ~TH:kr-" Intl::'rC\f lfl- '1"1[' Pr'-'t"t'rn ;~jld B.')rnw..-\,\,',,- l'lhlif;;lt.<.'f) k i'.l'
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