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<br />r <br /> <br />84 - OOi~~~ <br /> <br />by this Deed of Trust Immediately priOl to the date of taking bear. to the fair market value of the Property immediately prior to the date of <br />"'king, with the balance of the proceed. paid to Borrower, <br />tf ,he Property i. abandoned hy Borrower. or if, after notice by l.ender to Borrower that the condemnor offer. to make an award or settle a <br />claIm for damages. Borrower fails to respond to Lender within 30 days after the dat.e ,uch notice is mailed, Lender is authorized to collect and <br />apply the proceed., at Lender', option, either to r""torat.ion or repair of the Property or to the.ums secured by this Deed of Trust, <br />Uniess Lender and Borrower otherwise agree in writing, any ~uch application of proc.:eed.s to pri.-;eip;J ;h&U.r..ot extend or ~ the due <br />date of the monthly installment> referred to in paragraph, I and 2 hereof or cbange the amount of such imtal!ments, <br />10. Borrower Nol ReIased. Extension or the time for peyment or modification of amortization of the sums secured by tili, Deed of Trust <br />granted by Lender 10 any su""....,r in interest or Borrower shall not operate to release, in &DY manner, the liability of the orlaIna\' Bf:lrrowerand' <br />Borrower's successors in interest. Lender shall not I>e rtquired to commence proceedinas spillSt such 'IICa$SOr or reflllle to exteI1dlhne:for <br />payment or otherwise modify amoftization of the sums secured by this Deed of Trust by reason of any demand made by theoriaUJal Borrower <br />and Borrow~'s successors jn interest. <br />11. F'OI"baralIce by 1..eac1er Not. Waiver. Any forbearance by Lender in exercisins any rigiI't Of cemeay t~, VI utIka...~ a::VI~-' <br />01 i.v~b~ taw. ;.'iaU iii)t ~ ~ w~"'er Df or p"t~du~ the ~~e!'c:L~ 91' ~~y ~uch ri!h~ or remedy. The procurement of insurance or the: PUDient,ot <br />,""OS or other liens or charges by Lender shall not I>e a waiver of Lender's right to a=lerate tbe maturity of the indebtedness _edbythis <br />Deed of Trust. <br />\2, RemedI.. Cumulative, AU remedies provided in this Deed of Trust are distinct and cumulative to any other riahtor remedy.1IIIlIcr thl$ <br />Deed of Tmst or afforded by law or equity, and may I>e exercised concurrently, independently or successively, <br />13. S_lUId As!ips Bouad; Jobll.ad Several U.billty; Captl;ms, The covenants and agreelMl'ts herein contained sbaltbind. and, <br />tne fights hereunder shaH bUi.; to, the i~i~'ttvc successors and 31&igns of Len.d~r L-1d Borr!:twer,. ~tlbj~ to the provisions of ~'_17 <br />hereof, All CJ}venant> and "%leements of Borrower shall I>e Joint and several, The captions and headinas of lbe par.aeraPlls of this Deed of Tfust <br /> <br />are fo-f i.-onveiJencc onl, and are not to be~.-a to interpret or define the provisiof\-! berenf. <br />14. Nod~. Except for any nOllce requlled under applicable law to bl" g;...", " !tllOtiter manner (a) any notice to Borrowerprovidcdform <br />thIS Deed of Trust shall be given by mailing 'u<h nonce by certified m",'.'.' ,""",.ed to r..;rrower at me Property Addressor at sw:bo1her.addte$s <br />., Borro"",r may designate by notice to Leuder as pro-. ,;!"" herein. "';;' ,~) any notice to Lender shall be given by certified man. return receipt <br />requeoted., to Lender's addr... stated hErein or to such other addr.... as Lender may designate by notice to Borrower as pro'riQed:herein;Any <br />00;1<< provided for in this Deed of Trust sllall be deemed to have been given to Borrower or Lender when given in the manner desipJued~, <br />IS. lJlliform Deed of Trust; (;oventiDg La..; s.-vmobillly. This form of deed of trust combines Uniform covenants ' for national_and <br />!ion~uni:form covcmlllU wun H.m~te-J ....ariations by jmisdictkm to constitute a u..n.iform !fCll..rHy instr1!J1lellt covering real propert:y. 'fbia--Dc.t..of <br />fru" ,hall be R<werned by lhe taw of the Jurisdiction in which the Property is located, In the event that any provision or daww of this Deed of <br />frust <>r the Note c'Onflict5 wHh applicable law, ,ucn conflict shall nO! affect other provisions of this Deed of Trust or the Note whieh can be <br />gIven effect WHhout [he cont1icting provis.ion. and to this end the provisions of the Deed of Tru.st and the Note are df.dared to be severable. <br />16, Borro..ff'. Copy, nor","'er shall he furnished a conformed WI'Y of the Note and of thi, Oeed of Trust at the time of execution or <br />iiller ft."Cnrdaunn hereof <br />17, T """,,~r <>f tlw Prope",; A_mpllOll. If all or any part of tho Property or an inlerest therein is sold or transferred by Borrower <br />witt"H.)UI lo:ndet'.~ Dnor W(Ht~l) tonscm. t.~,duding ta) the creation of a lien or encumbrance subordinate [0 this Deed of Trustt (b) the-creation of <br />d purchase money $.l"Cunty mtc:rest for h,)u'Soehoid appl1anco. (c, a transfer by devise, descent or by opera-tion of law upon the death of a joint <br />1t:mUlI 01 \il) tht' gram ut all)' }e-a.st:hold lntere!\t ol three )'t'3r'i or leu not containing an option to purchase. Lender may. at Lenderts option, <br />do..~tatC' all the :;.um~; .'}.l.'l,..:Ut"cU by thF. Dt.~ of Trust to bt- immediat~iy due and payabk. Lender shall have waived such option to acceJerate iff. <br />prior hHhe Mk m tr-an:.fer, Lender a.na tbe peson to whom the Prope-ny is to be sold or transferred reach agreement in wrii!ns that the credit of <br />"wc-h perron is ~l5fa.\.'to-ry w. i .dlder and thal tbe interest payable on the sums secured by this Deed of Trust shall be at such rate as Lender shall <br />I eque5t, 1 f Lender has wa1-\'txi the \)P-HOfl {() accden\1e prOVIded in this. paragraph 17. and jf Borrowt:r's successor in intereSt bas executed a <br />wr1t1en assultlptton ~r<<mrfl( ih,,-":'CPlW in wnon~ by Lender. Lender shaH rcl~ase Borrower from ail obHgations under this Deed of Trust and <br />the NOH" <br /> <br />If Lender e-.'\ef('1~~ such l;.'pHon to ftl.\.;derate-, Lender shaH mail Burrower notice of accderation in accordance with paratraph 14 hereof. <br />Sll-cl1 hork",e' 1haU prl.;wuk a pen....>d of om l~ than ]U day.\ from (he date the notice is mailed within which Borrower may pay the sums dcc1ared <br />Jut. If Ek1fTo,,"er Lub W p'l:l)' ~u;;.h ~um~ prior It) the expirat.ion of sUl.;:b period. Lender may~ without runher notice or demand on Borrower~ <br />tnv\')kC' an.,,- !emeC.le5 permini.->C by panlgrapn is hereor. <br /> <br />;-";ON4t;i'dFORM COVENANTS, llorruwer iUld Lender further covenant and agrtt as follows: ~ f~'~#::~~~:,::;,~'~":~_ ~.,- ;:l)i ::~?~ <br />18. .'\,ulendotl; It__. Ex~ as pro.i<lfll in puqrapIl 11 hereof, npoD Borrower's b~:Or~;~:!i"":.~;~ of <br />KorroWft".. lilll Dred of Tnm~ lad.... _ t;-OftllUlI .0 pit)' wiIea UK IUIJ IUDD Hal"; Dy una Uift. ~ TiiIM~ =-~;;rl:: =- ~= <br />shlllllllali ..ill<< 10 80.......... .. pro>ided ill .......nopIl 14 hereot spedfyl.., (t) tho b....elt; m die lK1ioD requ/n!d to care _h llmIdI; (3) . <br /><hIto. ROt .... IJou 311 days frOlD IIIe .... of lK>tia ill oWIed 10 Borrower. by ..bkh slICh breadllIIlIIt ho cared; lUId (4) tat falhue to care sadI <br />btettdt .... or bef~ .... dak tpedflod ill die Ilotke ....y ...tIlt 10 IIttdmttloa of tho ..ms MC1lred by IItIa Deed of Trut lUId.... of tile Property. <br />1_ IlOtke oW ftortiIof i"'"",, Bo.....".... of die ria/ll 10 rdIlatat. .00 1Ittdmt1loa lUId die ria/lt 10 IIriaa . COlItt adiora 10 _ IIle 808- <br />niomIet or a ~ Of ..., _ olri_ of ............. Iv ~Iioii illld """'. 1f Il;c ImadI i& IiOt cured on or before tM date epedfled Iu tbe <br />",>!in. t~ at l_'. opIiou ....y cIodaft all of tile .._ MC1lred b, Illi. Deed <>f Trun 10 be IlIIJIIedjateIy dW! 111M! payable wltltoltt f\1rt11er <br />~ lUO!l -y .......... tJw po.... ..f w. .... U)> _r ~ permitted by .pplk:abk ..... Lender .W be end11ed 10 colIed all ~....... <br />............ e._ iJk~ 1.'...l11<li... tbe remedia provi<lfll iI. this ........ntpb 18, locIadlllll, bill uOllimlted 1O,.-..abIe anomey'. f.... <br />If u.., _ .,f ...... .. iovnllrd. r_ JIraII-..rd . BOike of def.ult In eaclI cOttat, 10 ..hlclltlw Property or _ part llIenof llloalted <br />- - ....u ......... of .!KIa - ill tbt ..._ prauIbed by .ppJkabk la.. 10 BotTO.... aad 10 !be oIber peftOJll prnaibtd by appIkabk <br />i..., M1e Ibe lspse <>f _II U- as "'lSY be _l-..l by ~ ~'" '1'.....,... "'iii! !ll'~ public....lift..f ......", the,.....,...lUId Ia lbe m_ <br />~btd by ~ Ia... T....Ift', ..,-.lIttIIaad 00 Bom>..~t. .halI..1t tlw Prope"y at publk __ to tbe bill"" bI..... illlbe time <br />OM ~ aad ...... 1M _ ~ ia lite ....Iift of ..... in "ne or m.... pan:dt lUId In .lICh 0..... III Trustft may ~enniae. I_1ft' may <br />~ ...... of all or 0'" P<md <>f !be Propeny by pablk .na01lI1Ct'IORI .t llw limo and pi...", 01 .by proviouly ""ltoduJed sale, L~_ ot <br />i.;"-......'. ~~ --'7 jiik,,~ d;; ~1 at =$ =k. <br /> <br />V_....-dpt of ....y_..f tbe pm.. llIcI. T_.loaIl delIwr I.. 11>0 ","'.ill'_ T.....tft', deocl roov~yiollllle Property' lIOId. 111~ rt>dtals In <br />tho r_'...... ....... be prim. ,..,., ~.~ of 1M Imlll of IIw It.te...... ...... I.beftle, rnulft oiJ1lll appl)' lb~ procre<b 01 lbe ,ale ID tlw <br />lo!le<oo'iatl_: tl' ". ail ~ mlfl.IllI"_ <>f ,... saIe,lncl"diac, b..1 not limllt>tllo, Trusl""" f_ of...t......... tbon .... <br />0' ,"" 11"-" t>t'ia. ~ .n........".. ,_........... <>f !lilt ..i<itotl<<: tbll" all ..._ _..rod b, 1ft.. 1_ of Trn": and lei the OX"",. It <br />...,; ,,, lilt _ Of pe....... ~ ...UtIo4 tllerot<J, <br />19 ~'~ tttpt w iC.~"tr, Nl,rt'-"11D-;clfltn-lhu@ L~m;;.h.~t"., i.i'-\;'C-dN<lUOn f1/ Ih~: ~urm _"'t'X:UfN iw HH~ t).;x.-'U I,),! rql~t. B-OrrO\1;t," -.;.hi.llj h~fYt' <br />th:r ri-_~tH ~~, h~"'-e: ~lY S:f{P\,.~1Hll:-1:'> t>clitH1 fl~' I ~nt,k{ !!: Cn!qH:.t; nil-\; j~j ".~f 'lrHH dl~nwww\'d AltH!Y {rfn~ tnPI tc.. ~!}( ~.Hht~r w ,X"(!H ~)1 \!llh{~ <br />H!h :.J:oJ'lf ~hH~ t.he ~.k ni th!:' p!{r-p<:n'l. r-w~uanl h.... fJH~' p.:)-Y-;n nt \~k .:,;,"n~lt.ln-~'d ltl ihn. L~r-d ;.If ;- r1!~l \\; Wl ('fit:'f i:}1 :",dgmc-m t'nfOf1..'m~ lht\ <br /> <br />-"'~'d -\l~ l(-"t.,.\;, <br /> <br />"",lH{~wt:'f f:-<;;t!'I i.efi-Ot'r ,\.1! 7(~n:P, wh~.(h ...-,,)uh:t iK' then d~H:" :mdct itH!; O~ti ;.)j 1,-(,:':1. !h." >';'iH~ ,uHi n,~h~;.. )H_.....-wm~ "!JIU1!':' <br />