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2-- ~~u1a4 <br />4. Condtaanatioa. 'I'ht pxticeeds of any award yr claam 'or damages. direct or~cansequential, in connection with any <br />cpndem~aation ar other taking afthe Property, or past xtxreaf, ar for canveyance in Beta of condemratiar.., are hereby' assigned <br />and 5hailT Tae paid is Lender. <br />Tn the event of a total taking afthe Property, the proceeds shaft Tit applied to the sums secured by this Deed of Trust, <br />with thaezcess. if any,paidio Bprrower. Tn the event at a partial taking pf the Property, unless Harrower and Ltnder <br />otherwise agree in+writing, there shalt ise applied to the sums secured hg this Deed of Trust such propautian pf the proceeds <br />as is egttat to that proportion which the amount p( the sums secured by this Dted of Trust immediately prior to the date of <br />talriag bears td ttie fair mar&et value of the Property immediately prior [a the date of taking, with the balance pf the pt-ctceeds <br />paid to Borrower. <br />If the FraperlV is abandoned by Borrpwer, er if, after satire br Lender to Borrower that the condemnor offers to make <br />an award a: settle a c3aint fpr damages. Burrower faits to resprind io I..ender within 3~ days after the date such natice is <br />tnaiied, Lender ix aanhprix.ed to cotiesa and app;yy the pracecds, at [.ender's pption, either to restoratdon or repair of the <br />Property ar to the sums secured by this Detd a.* Trtut, <br />Unless T:tndtr and T;orrower otherwise agree in writing, any such :xpplieatien of proceeds to principal shall not extend <br />at posigwnt the due date of the mnnthiv instaflntents referred to an paragraphs 1 and 2 hereof or change the amount of <br />such installments. <br />f0. $orxowtr Not Released. Extension ai the aims f:?r payment ar rnndafi<-atian pf amortization of the sums secured <br />try this t;)ttd of 'Trust granted by Leader to anc eucctsaor ,n i+ettres2 of Harrower shal4 not operate to release, in any manner, <br />the liability of the anginal Bvrrawer :tall Snrrvwer-s snccessars in rntertst. i_ender shall net he required to commence <br />prpceedngs againu such successpr ar refuel to extend time fc~r payment ar otherwise ntodafy amortization of the sums <br />secured by this Deed oI 'T-rust h~• reason cif :r rat demand made by the :%ng;nal Borrower :cod Harrower s successprs in interest. <br />I1. Forhtsraase fry t.endtr ;+:ot a ~4'aiver. ,,-'{nq farTsearance by f.cndtr in exercising am rrght or remedy hcrtirnder, or <br />otherwise afforded by appiicahle ;aw. ,n:sti net le=e a waiver of or r.rectudc the e:aererm of any such right pr remedy- <br />The praeurement ~r± insurance ar Rhe rraynrena c+t ia.es sx other liens ar charges by i_r ndtr shat) not be a waiver pf Lender's <br />right to aeseleratc the maturity trf the andchredness sr.,:ursd h}` this Tie t. of Trust <br />12. Itetnediec Cnmulatsyr. :tit -cmcdaes p-a ~dtd :n iliac Tleed . f Trust are distance sail tomes#attve to am" other nght <br />or rcmeda under this f)ctd of F'rust or atTar~dtd h+' law ..rx equity, and n±ay :c exercised rcmeurrenily, independently or <br />successively. <br />i3. Snettxtarrs and Assigns Hoand; 3stn9 and Zievrrsi ESaiuHriy; %apriores. TFS: c:.,vtnaris and agreemems herein <br />..^antainttd shall tisnd, and the ag3nts htrcunt:~er snail :Wore !a.:he stage ra+~c successors and asvgrk ri! Lender and Borrower. <br />sob}eCt. to the ptours~ons ai ptu'agraph =' hc.re:,3 Ali coanarss ;and agrmenatnts ni Horrcwer chat! be ipint and several. <br />Tsc case i,tz.^. a^d 'htaat!nM ref ilia a•zacrapin = . +hs Tkceu ,. Trost arc for c:%it+~c hence c~nfy~ and are not to tx used to <br />ireurgrct tx def%ne the prrwasap~tts iterco <br />id. `dotitc. F.xce~ fax any° ague 2yu=r-tr: una?tr appieetb}c ta+A iv ha eavtn in aaothtr mannta. Ca) any natice io <br />Barrawtr prav4ded far in this Dixd of Trtrst sleet! he seen by nx:eilinq such retire 1°y tedifitd meet addressed to Bprrowtr at <br />the Property hddtcss err at sueh other address 1s. Harxc;wet may dccignatt i>q .natice to Tender as irovided herein. and <br />th# anyr npitee tat: T.enrfer shalt he given by ~cxtitied rzxanr, return ,resetpt rtyuesied, to i_endcr`s address stated herein or Yo <br />strc)t other address ne^. T.mttder may dtsrgnate !'>- natarc :ci Borrowe.* an provided hercttt. :Say rnvaice provided fpr in this <br />Syptd of Trust ,hail :,r deernrd t:>zeave ixen zxen ~.* Baarrowcr :>: Leander when given ~n olio manner designated herein. <br />i5. L?ntfarm Elrod of Trtess; t;ovrrning l,arv; t~wtratrility. T'uc faarm .r1 decd c+f teens[ rrimtyincs umfarm covenants for <br />natrpnat use and aeon-unvtarrn epvcn:axess wsih 6rnuted varaauans ng ;u>tsdxsror, to cansotute a unifprm security instrument <br />srovextn$.real iaroprtxy. T'!tas Deed tit S use ~.ha3i hr gavrrncd nt~ !nc l,sw of 'Tat ~urasd;ctapn rn which the Property ;s located. <br />Tn nc~ .vent giytt ~:,, provLs:oat or etause a7, •hu L)zt`ci ~of T'rast t,r the 'tiote rcxntit.s wuh appttcab9e taw, such canfifet shelf <br />rust affen ,Whet r•o+'+vons taf this T3eed cri l rust ar the Nate et•trsrh can bt gluon tx~trt wrthoui the zanHict+ng pmvisipn. <br />and to ',hm cap me ;>rov,rarts rs$ tTxt T3ctd a3 Y'rust and the !dt>te are declared to ht severable. <br />fb. ~tlrxtiMer, 4 f'apv. Bortenvrr sfiai! tie tauaeashtd a ~pntprmed t-spy an tlr~ No!t artd of ibis iked at Trust as the time <br />of tzec@tiipn ar ,;;cr recnrdatipn hereof. <br />77. Trrasslxr of teas F`smyaerty; lasnmption. It art 3aa any part a,f !ha: Property or an antrrtst r.°terein ;s cpfd nr transferred <br />by Horrpwtr wi.l,nti L.cader's pracrr wnitrra ax±assnt, excluding =a; else crtairon crt a Izen sx eta,-urnbranet sulx~Minate tv <br />this Dcad of Txuxi ;te} tfrr ertauou of a {~erslrasc mcineY sururty a:%trrest liar ?.ausehoid appieanees. {~ F a iranr+fcr by devise, <br />descttat pr tsy agcratnetx of taw upon tell death +,if a t?ant tenant pr t, d 3 the grant of :any' icauhpid interest ni three years ar leas <br />rrdr cpntartrrrtg an c>ptrt,n at, Q,.rrc'aasai, i.endtr rnav, as Ltrtdee s ttpsron, ,Ttna•'ate ail the sums •-ecured fly elite teed 3?f Trust to he <br />=mmcdtatelp dot and payaaxlt t,aidcr ahal3 haul weaved sucft .;pcaoaa tar arcticratt af, prior !si t9te sale ar transfer. T_tnder <br />and. ttta~~ ptrsdd to whom live Proyaertg as to he spld ar transferred reach agt`ttrncnt :n writing tfvx! the credit zrf such person <br />:s satislsctdn• itb E.,tntfcr said that iixc mttrtsi paryatatc cit. ahc ,utn+ s~^t:ured by thxs (?tcd of ?~nsst shall Tx at such rate as <br />!..ender shaft reyu~t. ff Lcradex lost wsrveJ the rspirt,n to acceicra!e pr[ia:dtd :~. tiar.s paragraph f 7, sail ,f I3rxrower's succesurr <br />an i»taxtst has exrrsrttd a *vrstitn assu.rMaon agrcemcnt acccpttd ua wrat~ne ~•. i__ender, ~t.,trtder shall release Horrawer from <br />.aiV psi#ittatioras ua•+dex t:rls Tlttd : ` "'^ -*d tc~ berate <br />if Ltnder tsercrsrs xu h c.Rrron «u^rau. tsrnues b;a~l o-naae i rr+..er nrn:,e <,f .~tTtrar.an sae aacordanre with <br />., <br />paragraph t4 httsoi. ti~~h apteaE .m.'- ~ » ~.ie a ptrnirii nt ant taros rasa ~ ,.c is:gym the ,.;,rr the nauct is mailed within <br />which f3arrrtxvrtr may pay the ,unxx cis : tall ur. St Bprreswer s,ar!a ar T y su4?~ sums prior r^ 'rttr t:sp+ratian of such ptritxi, <br />f.cntitsr roes, wittit,ut furthrx f3ptret ur aferr!and c,n llprrpwer, anvoite anY rzmcd~cz vetmitttu °, paragraph IS hereof. <br />!+3a)t+-ixitoaxa f.'t>vrevr+.>.,-rs. Huro,awcs and tender' durttarr ccn~enant and agate dx ftadh»ve. <br />ts', htctkrafaat ltrmrdie,t. t=xrtpt ss ps•nridtdto f~ 17 latest, apron t7otrawcr's breach of any tovtesat at <br />atRexexnent ref ltorro.arx is efrw tired in Trust., iarta~rgt teat cotenants to pay wbcw dst any soatu srenred by thin 'Deed <br />of Treat, t.tudtr trrior' to art^elreaifoa shall treat rmtur as 8orrswer am yern+rthied is tetaragxapb I~~L boreal specifyitrRi Ill the <br />insaeha: t2r tae svrtiuaa ra!%geewt+A ao ryes stactr tax~srht f.~) a dot. stet lea than .Ili days from tltt elate the setter is errsi)ed to <br />Mwrrowtr. hJ` .«idrh. xnt•9t Lrtsrit awes tx coated: aad T8) that tsflare to cent o~arh hrtsr3a on or bcfare the daft sptceSed <br />w tell aotoce aaty roved( is aci'rStriNat!m of the eases secrttrtd bl this tlesaf. ref 'Traq amt sale of the Property. TTse atetice <br />shy, tarlteer alara4 tiew•rowtr oaf the rb~bt tit rtiwstate rafter acceitratbw and the rigght to brieeq a coat[ aetioa to assert <br />the teos~rmisteact sot a dtlaa& at any other delerrsr of ffarrawer to ,tttrferrtetwt sad tsr,iz. iYf the breath is not anted <br />ar arIrt~fmtM eivit .yrrc~td ir. xarr aortae, under s4 f.eatder's +upteas cosy dtttart ail of the sown srromd by tlah Deed <br />td Tsast.-b ter ianrw-diair7y.drao..rwd payalNt witMat fattier tltrnsw$snd.+nay inra#ue tiu power of sit sad any other rrmtdies <br />~.:~f' aspt.ra6Mt iew. l.trtdts 5hat1 he reasiffed to rotieN aN :rtssansMt loses and txptmra r°.enrrrd fa pursai~ the <br />xtaeerdins previrfed tw tftis patagrafele 79, iatfta4teft. liar woe tiraittd fn, rtawtrshit atta>rwey's flea. <br />If tftt [rawer ail sift es twrgited, Trmgte sttaY retard a aot&•e arf detseett in each. aronaty is wteieh late Prtrperdy ax soots <br />part t6totof is lscatrd and sly enta~ ompits of soeh nWtrr Ga the wtaewer prrdcaibed hY appficabfe taw to Boarawrr aad Ca the <br />otMr: trts*nass prestriteeed by ~ law. After tier taper of sac6 brae as stay ere rsgairtd by applisabfe 4awe 'frwtet..;test! <br />!five petitrAiic. wotii•;r of sett w for per seed- ua [Toe wtanwtr prescribed by apptita6le taw. Txtsster, wlihon! demand ore. <br />lirotrprats, xbsY aeY tStr F"rapetty at Rt tdic srxtian to the hlgthest tridder of the trot salt itiate and herder the trams desfRwated <br />is tMr aoa+tral~srtlt iw ace err weore pwrttis acrd err leech oxder n Trtrsttr may rletrrmiae. Truster gray postparae tale of all <br />or any parrai or ilia ProRetty try:pniMfe aransattemeafat the finte swd plats of any ptrrfaasfY scheduled seek. [.taller or <br />f.rrafer'a desiRtnt ~3' pereAwrt the' Preptrrty at *ayea/e. <br />L~pa recriyt nf'pwyarrtW oftht puttee hid, Treater s delirtr to [let pnrcrtutt Txasttr's dyed conveying the $roptrty <br />srd+t. t kr rrsitstf is @fse rr;ariet?%'dta^d shad -br praau tacit tvideute +~i lltt trratt of flit starrmtats usade 43atrris. ~1'rQCfet <br />shaiY ae/griy the prw~rtds of the sir is flee faiiowiati ~ne•dtr. ts) ra all :rbosssbMe costs scot esptasss-af the salt. inttaetireg, hat <br />aa.t tientre,a re. lrwtrea. rtes s#' aodi taste tttsw 3t' U~ ~ +ri of the ;gross sale grill, teaswealrie atresaey"s fats and coats of <br />nNr rriienc-r: (d+i tar yti rupee sttatr$ by reds iUee€b.of Ttatl: and lt) rbr rira~, Tf aay, to Orc Pt'asa~n or gtrsoras It~aity entitled <br />sttetstrs. <br />t I. 8errower's ftiglea,.to Rttaa'btte. Noxwithrtanding Lenctex aca-ettrafrpn pf the stems secured icy :his Dttd pf Trust, <br />$arra,w~r :na'-; a-.r nc~ r; t tat lie vg axry prxx~etl'cn~.x txgun try Lctsdtr tax enfpret fhit Deed of Trtrs! -distantintrtd at <br />a>:v t K °.r,.~, :.- tr; c.r.a,cr a,, a r_,r c£ ley the fEf"!h da)' t.~firro !etc salt of the fTmtscrry porsuaxtt to the f«>wex of salt Cantair7ed <br />ur ,ham :r_^eJ of Tr - - ~: erne r txf a jetdgmcnt tnt+5rctng alias Lh-td a# Tritzt iT'. ia) Efpttowcr pays T...e!xDtr alt sttxtxs wTtich wotrkT <br />',e tt+c .. ;.r.aa , •[.'.v--- ... . r,,,t. cht "~ott stall rac+tcc yraurrug T=uturc Advaace~s..: an}. had ro scceleratiatn +crurred; <br />ai ~. <br />Fr,<.r ,- c .r>*r ..f any arrtatr c~n+rvenanxs +sr agrra^menta <+F Hc+rrowrr ~esntarrred sn this T3ecd a*t Trust: <br />@ nk rra~ .ante e•i>,:nEC~t ir_~-urred hw: Leader and ~T~nrsttr. ira ,F„r;~:_e tyc .ovtxtarrts t.rzd :at{recments irf <br />~ r, <br />tt,rrs c r=n4 x_:- ,: thee ,:,~ ..:; aa%st rn mat#o:cireg T.rnatrrs and Trvxrt .. -c:*Ka_ ae pr<,uadgxt ira ,nuragsaFh iR <br />.r..r ~. ~.~ .. <br />~~ _.., _;,t , ... r. ..~trm i.r ,~t:urtiev's Ems, a,xi z~,ti &v sewer rear, ,_._, =rkc=ore as t idea aria, ~a~enecbty <br />r=r;=~.. ,aa as ., s : -- .>r. _ ,.s , ~.~tr a>f i"ruse, i eae~-rt ::rxaxc . .rs !4~ Yrr.rscr. v .cf E2aarr<+.~. r, s a:>!s€:~rrysa:a. .e. ~ . <br />