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<br />by this Deed of Trust immediately prior to the date of taking bears to the fair market value or the Property immediately prior to the date of
<br />taking, wiL~ the "".Jance of tbe proceeds paid to Borrower,
<br />Ifthe Property is abandoned by Borrower, or if, after notice by Lender to Borrower that tbe condemnor offers to make an award or settle a
<br />claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is mailed, Lender is authorized to collect and
<br />appiy the ptoceed.s, 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 otberwise agree in writing, any sucb application of proceeds to principal shall not extend or postpone the due
<br />date oftne monthiy insiaiimcnb ttierred to in paragraphs i and 2 hereof f,r clu\J-t8e the iU-nOliiit of such iib-"1aJlmenU.
<br />10. Bon'ower Not Released. Extension of tbe time for paymenl or modification of amortization of the sums secured by this Deed of Trust
<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 interest. Lender shall not be required to commence proceedings against such successor or refuse to extend time for
<br />payment or otherwise modify amortization of the sums secured by this Deed of Trust by reason of any demand made by the original Borrower
<br />and Borrower's successors in interest.
<br />11, ForllHr8lK:e by Leader NOI a W.her, Any forbearance by Lender in exercising any right or remedy hereunder, or otherwise afforded
<br />by applicable law, shall not be a waiver of cr preclude the exercise of any such right or remedy, The procurement oj insurance Of thepaj>weut of
<br />taxes or other liens or charges by Lender sball not be a waiver of Lender's right to accelerale the maturity of the indebtedness secured by this
<br />Deed of Trust.
<br />12. Remedleo Cumulallv", AU remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this
<br />Deed of Trust or afforded by law or equity. and may be exercised concurrently, indepcnd<:ntly or successively,
<br />13, Succaaon lIIJd AssIpJ BoUDd; JoIot lIIJd Several JJabWIy; Capllons. The covenants and agrrements herein contained shall bind, and
<br />the rights hereunder shall inure to, the respe..'tive successors and assigns of Lender and Borrower, subject to the provisions of pat'll8J:apbJ7
<br />hereof. All covenants and agreements of Borrower shall be joint and several, The captions and headings of the paragraphs oHhis Deed of Trust
<br />are for convenience only and are not 10 be used to interpret or define the prwisi<lns hereof,
<br />14, Notke. Except for any notice required under applic"blc la", to> t.. ;;'ver. :n another "'''Gner, (a) any notice to Borrower provided for.m
<br />,hir Deed of Trust shall be given by maili"g such notic.. t.y certjfi~.;; r .,! "".Ir="': hi llvrrower at the Property Address or at such other address
<br />as Borrower may designate by notice to Lender as provided herein. and (b) any notice to Lender sball be given by certified mail, return receipt
<br />requested, 10 Lender's address slated herein or to such other address as Lender may designate by notice to Borrower as provided herein. Any
<br />notice provided for in this Deed of Trust sball be deemed to bave been given to Borrower or Lender when given in the manner desiJnated herein.
<br />15, Uniform Jlftd of Trust; GoftmlDll Law; SeftrablUIy. This form of deed of trust combines uniform covenants for national.use and
<br />non-uniform covenants with limiled variations by jurisdiction to constitute a uniform security instrument covering rea1property. This Deed of
<br />Trust shall be governed by the iaw oi the jurisdiction in which the Property is iocated, In the event that any provision or clause of this Deed of
<br />Trust or the Note conflicts ..ith applicable iaw, such conflict sball not affect otber provisions of tbis Deed of Trust or tbe Note whielt can be
<br />given effect '41thout th~ conflicting provision. and to this end the provisions of the Deed of Trust and the Note: are declared to be severable.
<br />16, Borrower', Copy, Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time of execution or
<br />after recordation hereof.
<br />17, TTIUI&f"r of tft Propnty; A....mp!ion, If all or any part of the Property or an interest therein is sold or transferred by Borrower
<br />without Lender', prior written consent, exduding (a) the creation of a lien or encumbrance subordinate 10 tbis Deed of Trust, (b) th" crcationof
<br />. purchase money security inter""t ior household appHanc.,.. (c) a transfer by devise, descent or by operation of law upon the death of a joint
<br />tenant or (d) tbe grant or any leasehold interest of three years or I"", not containing an option to purcltasc. Lender may, at Lender's option,
<br />declare all the sums s"'-'Dred by this D<ed of Trust 10 be immediately due and payable. Lender shall have waived sl!Ch ol'uon to accelerate if,
<br />prior to ,he sale or transfer. l.ender "nd the person 10 whom the Property is to be sold or transferred reach ~eement in writing that the credit of
<br />such person is sati,factory to Lender and tbat the interest payabie on the .ums secured by thi. Dred of Trust shall be at suelt rate as Lendersball
<br />request. If lender has wai,'ed the opuou to .c.'Clerate provided in this paragrapb 17, and if Borrower's successor in interatbasexecutClia.
<br />written assump~ion agreement accepted in writltlg by Lender, lender shail reiease Borrower from all obligations und<:r lbis Deed of Trust and
<br />the Note.
<br />!t lender exerc.ses such cption t,) accelerate, lender shall mail Borrower notice of acceleralion in accordance with paragraph 14 hereof,
<br />Such notice .hail pro,ide a period 01' notles. than 30 day. from the date the nobce is mailCli within whicb Borrower may pay the sums dedared
<br />ouc, H Borrower fails to pay such sum!'l prior to the expiratJOo of such pc:rtod. Lender may, without further notice or demand on Borrower,
<br />invoke any remedies permitted by paragraph 18 hereof.
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<br />NON.UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows;
<br />Ill. Atte!l'nlt!O!!; RflM<l,,", h~ .. pro.itll'd In P8I'lIV8ll11 17 """,,f, upoa Borrow",'. b"*,b of lIIIJ' w'_1 or ..-. of
<br />Borrower In IIlls Jlftd of Trusl, indudla& tile cove....1s to ....y wllea d... lIIIJ' _ _und by lIIlt Jlftd of T......, Leader prior to ~doa
<br />iIta1I mail nou.., to Borrower as pro.lded lu pat8II'lIPlI 14 bereof Jpedtylua' (1) the llreada; (2) tft aclIoR T"'I..md 10 "we IlIeIl bradI; (3) .
<br />dat., nOl_ tllaa Jll day. from tile date of aou.., is mailed to Borrow"" by ..1IldI _II breal:1I m"'l hi' aand; aad (.cllbal r~ 10 eve mcIt
<br />bruelI oa .... kfore tile datr spedfIled in tM autke _y resaJt bt aeceleratlou of lIIe ..... NCtU'ed by tltls Deed of TrlIIt aad ItIle or lIIe Property.
<br />Tire AOtler sluJII f..lttler laform Borro..... or IhI' rlabl to reiuW'" after IK'Celeralloll lIIJd tile ripl to brIAs . "0II1t acUoa 10 __ tile __
<br />.m-.. of a ..aulJ or lIIIJ' oth<< ....... of Borrow", 10 llC<deratlou lIIJd SIlk. If tlIe bralcll is aul cunoi .... Ui ;;;;:..." tlle;ta= ~f!ooI ~ !_
<br />""t~, l........ at bad",', opll<>n!!UlY dedaP. aU of lIIe <WII5 secured by Ibis Deed of T....llo be Immcclialdy d;;e "owl jllIl)'al;le wflilotrt ~
<br />demaad lIIJd _, Ia.ob tile po....r of sale lIIJd aay otber n-.tles permlllaJ by ltJIIIIIcablr law, UDder iIta1I hI'...lItled 10 collect all reaoullle
<br />coata llIIII_ltIcum!d I.. poTSlllDl tile rl'lMdlea iirovlded ill (lIls pllJ"'lrapb 18, InclwlIDa, bul DOlllltllted to, I'UIOlIaIIIe .ItoI'IIey'. ,_.
<br />If IhI' PO"'" ..( .. is lA,oIled, TrBOtee iIta1I """on! . AOtler of def""'t In cad. "OUllly III wltidt tile Property or SOIlK! part tItereof III I_tell
<br />:=i ~ ==1! ~ of _-=t==' =o~ ~ the ar.&&a" p.:*"E&Ct...1dmi by ~twc li:iii tv BviTvwu aDd to Ute otMr penoa praatbeG by appiicabie
<br />ta..., Aft.. tile lllpoe of SOiCh lime.. may be I'<<luired by appIIcallle law, Trusl.. s!lAlI a1'. poblle DOtke of ItIle 10 Ib" JI"ftOD& lIIJd III lIte__
<br />_rilled it, appiiatitif law, T I1lSlet, witilGul demaaci 0" Burro...... .bll ;eIItllc Property at ....bIIe auctJoa 10 tlIe ItIgItat blcIder al tlIe li_
<br />D"" ~ llIIII u.... tM I...... deslpalaJ la tile uotk>e of sak In on. or more par<<Ja aad Ia IlKlt on!er ... T_ may ....lerIIIIM. 1'ntIlft may
<br />1>OlIt_ sak or all or auy parc:e1 of the Property by ""bile _...,.,_. at t"" 11_ ."" pI_ of ...y p",.iouly ~ sak. UDder or
<br />IA!IIlIet"....... _y pure.. IhI' Properly al a..y >alr.
<br />llJlOll ~ ,,( paY_I of the prke bid, ]'_ iliaIl delber 10 tk .....c~ T"",lel". deed con'''Yinl tlle Pro""rty sold. TIle redlllls la
<br />tftT_'. .......-aiI be prima ram rvt40ce of tlIe tnltlt of tft ",,1I'_nto ........ tltfteI... T_ dllIl! apply 1ft pronaJo of tile ItIle III 1ft
<br />foilowi.. ......., ta) 10 tdI-'* rOllU aad ~ of I"" Illil', I~, !>at "'" ll=l....lo. T=t..,', f_ cr tl<.'l "",",11Iaa """'_ .L.~. 'It
<br />o! IIw ar- aaie pM, -""'* att.orDe).,. r_ _._ of IIlk .vIde....,; (bl 10 all _ _..red IIr tills Deal of l..>I: lIIJd (el tile ueew,lf
<br />""y. 10 u.. ,..,..,. m I"r_lrpiJy ....UlleoI """..<<l.
<br />t,. a.no-w<<~.ltJatlt l-u ftdu.tl-t,.. N~1h;."!th~hlf'.dmJ Lenfokt.~ ~,(.\~d1,:'r;Hl(_m ot the St.iiJH 'i('{;urea b-)' tha {}eed of rrU-Si. a..~fOWef' sha.H nave
<br />i~ n~hl fO hav~ ,itl'1,Y jr!u~;-~edinij; bt:-~iHJ by t('ridc to t'1"furu: thn L~eU of )' tU~t J1Kominw.o.d.l1t an)! time pHOt to :he car her h) {\Cl,,~ui' vI' H} lll('
<br />~ihh Q-it}i be-t'{if"t' i}-< \i.dJt of loh..; f"';>~l~JC'ny p-U.,hUiUU i.O {hit': pO>';"~f oj' -~l(' contkiU:lCiJ m [hi! f)eed of Trus.i >)1 (ill ctlH)' t.-)1 a Jud,n~nf cftfor~il.lj
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<br />I~ t.f rf~i. i.f' f-"!~ aoii'u....Z.1 ~~'ii. ~ e!~ ;,!g ;g!nli ~bkh ~9~~b.-:;! h>t- U!:Cfi due- U-f!..-j~! th;;i. t~J {~f rn":M,. :h~ N.ne M.d ;;Gi(,"~ ,.~:unni FUi'I.iH.'
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