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<br />by this Deed of Trust immediately prior to the date of taking bears to rhe fair market value of the Pwperty immediately prior to the date of
<br />taking, with the balance of the proceeds paid to Borrower.
<br />lr the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to maleean award or settle a
<br />claim ror damages, Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is aulhorized to collect and
<br />apply the proceeds, at Lender's option, either to restoration or repair of the Property or to the sums secured by this Deed of Trust,
<br />Unless Lender and Borrower otherwise agree in writing, any such apvlkatioil Qf pro...~ to princips.! shall not !2tend or postpon~ the d~e
<br />date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of such installments,
<br />10. BoI'l'OWel Not ReIetied. Extension of the time for payment or modification of amortization of the sums secured by this Deed of Trusl
<br />granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner, the liability of the original Borrower and
<br />Borrower's successors in imeresi. Lender shaH not be required to f.,.\Jmmcnce proceedings ap.inst such successor or refuse to extend time for
<br />paymen~ or othe.....ise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the original Borrower
<br /><1l1.d Borrower's successors in interest.
<br />1 L F<II'IManma! by Lender Not a Waiver, Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by a.ppHcabk.-law. ~;h~1i ~~t be a \'faiver of O!" pr~!ud~ thr- ex~rcise of any such right or remedy. The procurement of insurance or the payment of
<br />taxes or other liens or charges by Lender shaU not be a waiver of Lender's right to accelerate the maturity of the indebtedness secured by this
<br />Deed of Trust.
<br />12. Remedios Cumul.tlve, All remedies provided in this Deed of Trust are distinct and cumulative to any otller right or remedy under this
<br />Deed of Trusl or arforded by law or equity, and may be exercised concurrently, independently or successively.
<br />13, Sua:eooon aDd Asslps Bound; Jolel aDd Several UabWIy; ClIpllons. The covenants and agreements herein contained shall bind, and
<br />rhe rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower, subject to the provisions of paragrapb, 17
<br />hereof. All covenants and agreements of Borrower shall be joint and several, The captions and headings of the paragraphs of this Deed of Trust
<br />are for convenience only and are not to be used to interpret or define the provisi..,ns hereofo
<br />j4~ fofOUce. Except for any notice required unuer appii-cabi-e law h.-, [of; ~.~ .~; ;Jt -::uoi:hg mamV'.f; (a) any notice to Bc::~ pn;'rid=:! forjn
<br />this Deed of Trust shall be given by mailing such notice by ""'lifted ms; .:II '''oed to !.:"rro....er at the Property Address or at such other address
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<br />(~ OOUOWCT mily U61giliitc Oy fi:0i:l,e iu Lcfi.16' A5 pIU"!~ h~rcifi~ lUji.l (GJ &..y ~c~ice:o ~d=- :;h~! ~ e:~:n "by ~J.fi~ ==ill, ~~"!! reeei~_
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<br />requested, to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower as prO'ided herein. Any
<br />notice provided for in this Deed of Trusl shall be deemed to have been given to Borrower or Lender when given in the manner desipaIed herein,
<br />15. Volform Deed of TruUt GovemlDll La...; Sevenallillly. This form of d~ of lrust combines uniform COVO!'.anlS for national use and
<br />non-umform <ovenants with limited variations by jurisdiction to constilute a uniform security instrumen~ covering real property. This OeIldof
<br />Trust shall be governed by the law of the Jurisdiction in which the Property is located. In the event that any provision or clause of this Deed of
<br />Trust or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Deed of Trust or the Note wbich can be
<br />gJ..'cn effcct wilhoUl the COftf1kling prVHSWfl. and to thi5 end th~ pnr"i&io-ns of the ~--d of Trust and the Note are declared to be' severab!e~
<br />)6, Borro....'. Copy, Borrower shall be furnished a conformed copy or the Note and of this Deed of Trust at tbe time of execution or
<br />after recordation hereof.
<br />17, Tnuorer of tM Properly; Assumption, If all or any part of the Property or an interest therein is sold or transferred by Borrower
<br />without Lender's prior written consent. excluding (a) t.he creation of a lien or encumbrance subordinate to this Deed of Trust, (b) the creation of
<br />;j purchase money security interest for household appliances, (cj a rransfer by devise, descent or by operation of law upon the death of a joint
<br />tenant or td) (he gram of any leasehold interest of three: years or less not containing an option to purchase. Lender may~ at Lenderts option,.
<br /><iedare all the sums ,.-<ured 0, tht, Deed of Trust to be immediately due and payable, Lender shall have waived such option to accelerate if,
<br />prIor to the ,ale or tran>fer, Lender and the person to whom the Property IS to be sold or transferred reach agreement in writing that the credit of
<br />~u(h per-son is satisfactory to Lender and that the inte-rest payable on the sums secured by this Deed of Trust shall be at such rate as Le:nder__.sha!!
<br />request. If I.ender has waived the option to accelerate provided in this paragraph 11, and if Borrower's successor in interest has executed a
<br />'A'nHen as.,!~um.pl1on agreement aCt.~epted 10 wntmg by Lender. Lender shaH re1ease Borrower from aU obligations under this Deed of Trust and
<br />the Note_
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<br />! f Lender exercises such optJon to accelerate, lender shaU mait Borrower notice of acceleration in accordance with paragraph 14 hereot
<br />Such norice shall prOVl<1e a penoo of not ies, than 30 days from the date the notice is mailed within which Borrower may pay the sums declared
<br />due. If Borrower fails 10 pay ~uch sums prior to the expiration of ~uch period. lender may. without further notice cr demand on Borrower~
<br />invoke- ~my n:medjes permittt.'d by paragraph 18 hereoL
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<br />NON-UNIFOP~l\1 COVENANTS. Borrower and Lender fu.rther rov~nam a.t,d agree a~ f(\(lows:
<br />18, ActdmltI_; RfOMdios. f:x<<P1 .. provided 10 PlIf81I.....b 17 hereof, Rpon Borrower's breach of 811)' eo_lor ...__t of
<br />Borrower I.. Ihis Defll 01 I.....t, ineludlo1! tM eonDants 10 pay ...hen dne 811)' SIUllS -..red by tIJIs Deed of Trust, Leader prior to aeeeIera1ioa
<br />sban lft:aiJ !!OUff tc ~'WH !!! p.!"OyU!ft! !!! pa.-r--:~n!! I. !!e!'e9! ~.!yte;: (!) !!:e ~; (1) the adioo: reqiilicd au alft iKli am.di; (3) .
<br />dlote, 001 less tIJaD 30 day. from 0.., dale 01 ROIlce is malled to Borro..... by ..hleIJ sudI bracll ....... he........; aDd lot) tut fllllilre 10 eare sudI
<br />bmlcIJ 011 or before the date specified Ie tM nollce....y......." Ie ..,..,..tlon of.... _ __red by IlWI Deed of Tnut _ sate of 1M Property.
<br />TM IIf>tia .halI farther leform ao.....wer of lhe ,.bi 10 malate aft.. _'t'ierailOll aDd tM rlaht to brlDll . eolll't acttOlllo _ tile _
<br />c::<lslenee of . lId.alt or any olhe€ lid....., of Borrowv 10 acakration aDd sate. If lhe bmlcIJ is nol Cllred IIIl .... bel...... tM date opedlled Ie ilIe
<br />iIOllce, Lemkr at IAuder'. gpti"" _y cieciJlft aii of tDr""'" __ by tllls Deed ofT.....t 10 be Immedialely dlle aDd!lllYllll!e wlll:OUI flH1ller
<br />d<maad ilIId _y io"oke the powe; of sale ami auy otIler remedies permitted!;y .pplkable law, l..euder.1WI he ""titled to eoIloct all reM08IIble
<br />eo.1lI aDd upellHS ilK'Ume in pnnulntl.... ~medla provWed iB this PlU1IIUIlplt 18. Indudl"1!, bul not IImIled 10. reasoahIe .ttonaey'. f_.
<br />If "'" power of sate b Invoked, TrusteeoltaIJ _. ....Ilceof defawt In...,1t CottRlY in ..bleb tM Properly ursa_ pari Ihereof Is located
<br />.ud -.u maIJ copiea of _It nollce In tbe IttIltIMf prescribed by .pp1kablr la.. to Borrower and 10 lhe other persotIB prescribed by applbloJe
<br />i.",. After tht .,.. oj such ii:me at may be reqaimi by appikaiHe jaw. Trust<< maii Ih'e pubik: iiO~ vf iaIe to die jjfi'iUiIii ad iii dR iiiiiiiiia'
<br />t>~ by apfI1la8Je ,..... Trustee, witltootl detaand o. Borro...er. .Iulll stil tM Property .t ptIb11c ....,tlott to the Itlt....t bidder .t the tI_
<br />."" ~ =cd ,,:der 1M lerms ~t:d in ~ ......!cr of _ In ..... '" mon ~ .ad iD .""It order as .hll.tee ....y de.....""...., nul!tee m.y
<br />-'- sale of all or ...y II8f<</ of tlte p~ by pabIIc .....o.....'eltlflll at ,Ite time IlIId place of any ......vlously scloedllled sate, l..euder or
<br />1_'...... may poudJuw.... P_at .ny .aIe,
<br />(,;:oeD ~ 0' pay_la' ....,,""" bid. TI'tiIft oItaIl tIftly.. to !lie pnrdlaH< Trustee'. deed c....vry!a& 1M ProtM'rty sold, Tit. redtalo I.
<br />tilt rr...'...... shaIl he pritlla farlt tvIdeuee of 1M lruth af the ttat.._.. IIIlMIe then!i.., .......tee .ball apply the pJ'f)Cftda of Ib..aIe i. the
<br />f~ ~ (a} to all ~ ~ Nl4 ~~ Df Ity.lLlt!. jl!d@d!dI. byt Ht limited t~. Tretee-"! f!!!!!!f!!t)t 1!H)!'e tluut _ _>._ ""_,,_~;
<br />of tM...-" ...kIt, _ullle .ttortlly'. f_ aDd 00II11 of Iltle ...idt'ace; (ltl to all....... ...,..red hy IIris Defll of Tl'IlSI: aDd (ell"" nceu. If
<br />oay, II> tlW,...................... Mpily oaIlded lherelo,
<br />l~. ~-tt'\ Rilblln MriUb.u. Nfllwitt~\t3ndtn~ l.ender'... a~;(-dfil1HOn of i.h;: ~urn.') O:;<<UfN U\' HHS Det."'ti -of rrusl.. [JOfrowe-r shaH havt"
<br />f"'~~~ n,l..<1,$.!o fHtli~ any p"fOt~W:._~ ~un ~y- t-~ndt't W ~'ntntTC tOt'). t~J o~ T~ll"t ''::If-50<.;t.HmnUCtl ~H ;:\n" fHn~ pnf~j h) the t'"&I'Uer 1'0 {Ki:ur of (I) the
<br />~',f!h d~'t ~!t)'re' ~h~ ..-.al<r t~f lht' Pr(1-pt'Hy ;.'H..WH.uUlt t.o ihe r~O"':~f of ...:diC' ClYHltuuxi m th):il lx.cd HI i f'tni l,H (H; t"ntrv (}f a 1\aigffi('nt C"nfUf;;!n~ tiH$
<br />li.:;rd -i~f Tt-~'I!;t it- i~) RijHi:,n"~? riA}>''i: t.l.:'J't>(;kt ~H <;t!tfl,:'i winch w9Hlrl ht' l.h\"'H du~ ~mdeJ rh;, lkof:'-d qf rn":<;i. lh;;: N('i{t' and n(H~ :.t'\.'tlfinR FUHlfe
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