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<br />~2=- f~Cj099`? <br />A. Caatdemeatisa. The proceeds of any award or realm far damages, direct or consequentiah in connection with any <br />condemnation or otbs~ faking of the Property, or part thereoL or for conveyance in lieu of condemnation, are hereby assigned <br />slid shall be paid to Lender. <br />2n the event of a torsi taking of the Property, the proceeds shall bt applied to the sums secured by this Deed of Trust, <br />with the excess, if aey, paid to Borrower. In the event of a partial taking of the Property, unless Borrower andT.ender <br />otherwise spice in writing, EStetc shaft bt applied to the sums secured by this Deed of `trust such praportian of the proceeds <br />as is equal 40 Thai proportion which the amount of the sums secured by this Deed of Trust immediately prior to ttse date of <br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds <br />paid ro Barrower, <br />2f rite Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make <br />an award or Bettie a claim for damages, Borrower fails to respond to tender within ?Q days after the date such notice. is <br />mailed. Lender is authorized to collect and apply the proceeds, at Lender's option, either io restoration or repair of the <br />Property or to the sutns secured by this Deed of Trust. <br />Unless Lender atui Borrower otherwise agrrx in writing, any such application of orocecds to principal shall not extend <br />or posy7ane ihr dur date of tht mcanthiy insialiments referred to in paragraphs t and 2 hereof or change [he amaum of <br />such [ntttallrrttms. <br />20. Bortower Not Releassd.. Extension of the time for payYttent or modification of amortization of the sums secured <br />by this Detd of T: sst gmnttd by Lender to any successor in interest of Borrewrr shalt oat operate to release, in any manner, <br />she liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to commence <br />proceedings against such suce~sor or refuse to extend time far payment or otherwise modify antorhzation of the sums <br />securai by [his Deed of Trust by reason of say demand made by the original Borrower and Borrower's successors in interest. <br />/ 1. Forbearance by Lender Noe a Waivrr. Any forbearance by Lender in exercising any right or remedy hereunder, or <br />otherwise a$orded by applicable law, shall not be a waiver of or preclude tine exercise of any such right or remedy. <br />The pracorement of insurance or the payment of taxes or other liens nr charges by Linder shall not be a waiver of ixnder's <br />right [o acceitratt the maturity of the indebtedness secured by this Decd of Trust" <br />2Z Remedies Cmm~ltive. All remedies provided in this Deed of Ttvst are dis[incz and cumulative io any ether right <br />or remedy under this Deed of Trust or afforc!rd by taw ar equity, and may tx txerci:;td concurremty, independently or <br />successively. <br />23. Secceasors Bird A~ae Bosnd; lent and Sevrra! I.iabiiity; Captions. The covenants and agreemrnts herein <br />~otainr_d shall bind, and the rights hereunder shalt inure to. [hc respective successors and assigns of Lender and Borrawer, <br />subject to the pmvlsians of paragraph f 7 hereof. Ali mvenams and agreements of Borrower shall be joint and several. <br />The captions and headings of the paragraphs of this Deed ai Trust are for convenience only and are not to S+e used Sa <br />interpret ar define the provisions hereof. <br />14. Notice. Except for any natice requred under applicabtt law to be given rn another manner, tai any notice to <br />Borrower provided for in this Deed of Tour shalt tic given by mailsng such notice by certified mail addressed za Borrower at <br />the Property Address or at such other address as Borrower may designate by notice to E_endtr as provided herein, and <br />(b} any rtotiex to Lender shall he given by certrfltd maid, return receipt reyuested, to Lender's address stated herein or to <br />such other address as Lender may designate by notice zo Barrower as pravided herein. Anv notice provided far in this <br />Died of Trust sftati be :deemed tv beet i+etn given to Borrower yr i_ender when given in the manner dtsignazed herein. <br />I5. Uniform Detd of Trnslt Govrrniul; i.aw: SrverabUity. This farm at deed at [rust combines uniforrrz covenants for <br />aatianal use and non-uniform covenants with limited variations br jurisdiction to constitute a uniform security instrument <br />covering rral prapert}'. 'us'es Deed of Trust shell he governed by the law of [he jurisdiction in which the PropeIXy is located. <br />In the event that any provtaron or clause of this i3ced of "i'n:st ar tize tiate ~.~ontlcts with applicai+Pe law, such conflict shall <br />not akfsaca..oUbtr avisiaess of this Drrd of Trust ar the i`iott which can he Given effect without she :,onlPicting provision, <br />and t~ this end t grnvisuans vi the Dted cif Trust and the ;`laic arc declared to be severanle. <br />i6.,, &xrower's'Clipy. $orroucr steal? be furnished a canfarmcd cvpy of zht No[e and of this Dted of Trust a; the lime <br />of txecutitan arat(tt tticotdation heraot" <br />t7. Trararfrr of the PMKrty; Aasmption. !f a41 nr any part of the Yropcrty or an interest therein is said or transferred <br />by Borrower without Lender's pricer written consent. cacltrdrng rat the crcativn of a 1ren yr encumbrance subordinate to <br />this Daxd of Trost, tb) lire crratian of a purchase rr:vney secun[y mterts[ for household appiiaoces. tc I a transfer by devise. <br />descent or Ssy aperateon of taw upon the death of a li+rnt unan[ or ! d l the gram of any le:.asehotd inttrtst of thret years ar less <br />oat containing an option to purchase, Lender rnaa•, at l..ender's option, declare aft [he sums secured r}` this l)•ed of Trust to he <br />immediately due seed payablt. lender shad bast waavtai such upu~*n t~= ucceiera[e if. prier to ±he .art nr transfer, Lender <br />and tttt prrsan to whom the Property is tv l+c sa(d ar transferred reach agrtemtn[ ,n writing that the credit of such person <br />is satisl'actary to t.tndcr and that the interest payable an the camas scus:•uted hs~ thu Deed of Trust ,hall t+e at such rate as <br />Lender shall rtqutst. if finder has waived the aptiten to acctlera[r prcrv+ded in this paragraph 3?. and if B<srrowrr 5 successor <br />in interest etas extorted a written assumption agretnient accepted in wining 1+y Lertder, Ltndrr shall release Borrawer from. <br />all abligativns under [his Dew of Trust acrd the ''tote. <br />if 2.endtr exercises such vption to accelerate. Lender shalt rr;ait Borrawer soiree of aueltrativn in accordance with. <br />paragraph. l4 hereof. Such notice sha31 provide a period of rsot Itss than zn days trcrrra iht data the rxntist is rnailtd within <br />which Barrower may pay the sums dtclareci due. !f Barrower f:uls to pay such sums prior tv the expiration of such period, <br />Lendtr may. without furtSter nutlet ar demand oa Bo*rawer, invoke an~e remedies permitter! by paragraph t g hereof. <br />tiutr-E:!veFrntt+t Grtvr.rtar~rs Borrawer and Lendtr iurthes covenant and agree as tailows: <br />t8, Acrehration; Rites. Except as proridrd to pars)tcaph 11 hercoE,. upon forrower's breach of any covrnasl or <br />atiteerseat of Borrower in this 2hed of Trost, iartuditrG the covenants to pay when due any surss secured by this bred <br />of Trmah 2.esder prior to aceehration shfil mtu7 notinr to iftarrower as provided in patatynph td hereof spccifyislts t4 the <br />brrach« f2i for action regnired to curt Bach bteacfi; 131 a data not less than Je days 4rom the deer the notice is m:lira to <br />Borrower, by. witirb sorb breasts must be cured: and 141 that faiisre to Burr sucb breach oa or before the date sprti6ed <br />is the aafhe mry resale in arreieratioa 02 tier Burro Beretta trv thi+ 2Sred of Trust awd sale of for Property. The natice <br />shall feather isilorm Borrowrr of for r~ht to reirutatr after arr+sieratiiott mod ttre rgrht to brim a ronrt action to assert <br />char aao-eaiWSnct of a delautt or any ether drfensr of Stxrcewer to arrtiCratioo and sale. If the breacin is not cured <br />an or before the d»qe rtPcti6ed in the satire. 2.eetdet at i:rnder's option mty deebue ail of thr stems secured by this Decd <br />of Taut fo hr imwredisitiy due asd payable without furtLser drmaml and may involte the power of Bair send any Mher remedies <br />pa:stittrd by trppN&a6rle,tarr. [.ruder. shall be rtstitled to soiierl ail ret~rrnabte cost+r acid expences it;-.rired in parsuierg ibr <br />rrtmedirsprpvfdrsd is fkisparagraph, 28, lnriudirgt;. tenet Est t2mMrd to, reasooaWe attaraey's frn~. <br />1f thr power.af. roil is isrvoited Tt astre shall. rrrosd a raNircr of drfauit in. each coanty in which the Property or wme <br />part tlcereaf s located anA~sEat[ ma7 to pits ofsur# natice in thr mraser prescritced by applicable .law to Borrower and to fhr <br />Debar prrao~ prden'bed by appGrabit taw, After the lapsr os such time as may Sir rtgsired by applicable law. Trruster shall <br />give prbbtaaliero[:sak. totbepersaos and.. in the maser ptescribrd by applicable law, Ttvster, without. demand on <br />Burrower, s~btdfsdt ehe Property at public asciitm to tlce hi;tcest redact of the iinu and place and under 46e ttrrsat; drsigrwted <br />inibe.tnatics of Rtdeiso~er moreparttk and in ssxh steles as Taxrstec stay deternritre. Trastte may posiponesale tit mil <br />ar::aey parcel. of titr:Pruprrty. by paLNr aimotureeraem at the tune and. plaice of asy previously scheduled sale. Lender ar <br />fn+tdrr's may,porchare the Ptoprrty at say sate. <br />lipw receipt o[ payt~est of ibr price bid, Trnstrr shall ddivrr to the ptercltasrr Trtatee's decd eaaveyisg the Property <br />wld. Ttte rrzitais..in thr Trtma!ee-k acrd"siudlbe primafatlt rsidence of lice troth of the statemrnis made them#n. Trvsiee <br />r2mii stpplr the prac~eof Utr sairin tltK foiMwirp~ wdrr: ice) to ail rrxwnable. costs and rxpetrsesr of thr Bair, includityi, Mat <br />aot tisiteA t,>., Trvstce`a:.fers of mkt :inert thaw ,:I1< cY£ I °"~ of the grocers sale price, reaaotrahlrattorney's. 6eesatMt amts of <br />tltlr tvileaee: IbS to ail sursaa:.srtured by i:Derd of Treat; aad lei the rxeess, Sf say, in the prison or prrsans lettaBy entitird <br />itMfrto. <br />19. ~rrrower'x Right tu.P.cinsin7e~ ~i 2twittxatanding 1 r,etdrr's 'accticration aE the sums ~:curul by this Detd c+f Tr-rtst, <br />¢3orrev.er skean ha., riK: Bleb r~ n:rvc arty prsx;eedings ixgun try l.tnder to rnfvr~°e this Decd a>f "frrast elascr~ntinutd ar <br />anq~ t,>src ~nc~r [. th ev r!xr , xt,ar of tr)'iStt ftftb day betore the salt n1 the Pmprriy pr,rsuant tv ttt¢power of sale conietntd <br />let iktit Ass,! cl 1 r s , or G ntr ~.a a j.,rfgr:•-rt c~forcing ttri.;. Deed cif 7 -.r if. {„) Burrs+wrr;lays ttrsdtr ail sunaz which waulti <br />tx then i4arc era e* :n,z. 'krc i : Trrsr. nc~ i+ote and nvtes stctrnng F r.ir, Ad+~aoces. rf any, had no acceitraric+n cxc~.rrrrd; <br />~hl i3.~erawrr c , ~-, .iiP hr ih-~ :.r 4r, y' a.;»nr 0z?vcs+anta or :tgrcentc:.r;> art i39trower r.+riiained rn ihss Drrd .3f T'rust: <br />icr Bc-rr ~Qir ~ a.i o_arK :~blc rk[rer+sti"n ,:r.-asrtd by Let+dtr and 'i7us[ee in enfot'ciatg L c :?°vcKants atxi :ngruYUerata c+f <br />t7cerm - ~~:,,tt~r2 s ..:.his C!ccd ;~f JTu+t ,r~:l ~ tnfarcang Lcnt3tra ~: rid 1"rt:stce's rrrtxdr~s ab pren lard in nara}trapSr !?ti <br />"x m.. f .+,:6:nk, >°s r. ~ ', rrzieu 4-~, -,. rr: able , aErrx~`x frCs: god let) iksrrrru`ca" lokaar ~. ~~h ;. r,.-:a as t..rtxie~r n't:aa r+. _:u~a3r£y <br />u~ <br />rcya ._ zf-,axe I!s5ct r.,: _.. < <~! ikr:~ C><~a4 ~' i~n=~;, 1"an.dc~r`x intrre~E ar± €,br Prrsperty .. , fSa: r.~ucF. „hta(~rtrr a u, }ra} <br />