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<br />~~°~~01179 <br />9. Condemnation. 't'he procrsds of any award or claim for damages, duct or consequential. in connection with sny <br />candcmnafionar othtir [ak'tag of the Property, or pan thereof, or for conveyance in lieu of candsmnatiort, arc hereby assigned <br />and shall be paid to Ixnder. <br />!n the event oYa fatal taking".of the Properly, the proceeds shall he applied to the sums secured by this Dsed of Trust. <br />~, siretir flat excess, if any, paid to Borrower. to ;he evsnt of a partial taking of the Properly, unless Borrawer and Lender <br />o[llenvisra$rse in wrtiing, these shalt he applied to the sums secured by this Deed of Tntsi such proportion of the proceeds <br />as issquaf to [hat proportion which the amount of the sums stc::rsd by this l3eed of Trust immediately prier *.o ihr date of <br />takitigbears to tf:z fair market t-alve at the Property irnmediateiy peter to the date of taking, with the balance of the proceeds <br />peed to $orrower. <br />tf thePaaperryis ahandaned Dy Harrower. os if, after notice b}° Lender za Borrower that the condemnor offers to make <br />an award orsrftfe a claim #or damages, Borrower €aiis to respand to Leader uiihrn 30 days after the date such notice is <br />rnrtiifed. Lender is auttaarizrd to cello[ and apply the pzacseds. at Lender's option, either to restaratian a repair of the <br />Ptutperty or to the sums secured by thts f3esd of `t'ryst <br />Unless Lender and Harrrtiwer otFterwise egree m wftttrg, any tercet application of pfarseds to pnncipa.E sha}I not extend <br />ar postpone the due date of the mnnthly ,n,taifmsnts reterrcu to =n paragraphs I and 2 hereof or change the amount of <br />suchh rnstalfmsnts. <br />t4. Rosro+ver !oat Released. Exrersion cif the time for navmsnt or modificatian of ;¢.masr:zatinn ~f th ems secured <br />Dy ehrs Deed of Tru€? granted by f ender u> xnv cucceseor rn rntsrest crt Barrnwsr shall not operate t« relesse, in any manner, <br />ihr fiahihr,- of the or,ginai 8cxrrrwrr .and B~o <ower's successors ~^ ,merest. Lender shall not txc required to cammence <br />proceedings against sucft succsssaxrr refuse its cx:rnd time i'nr payment or otherwise modify amnrtizatian of the sums <br />secured by t£ais Deed of T;vst 'hk reasan r' :aazp demand made by the origutaf Harrawsr and Horrawer~s successors in interest. <br />t I. FarDrarartrr by [.ender Nat a W'suvrr. .1nt t rDratancc by Lender rn exercising anv right or remedy hereunder, ar <br />ai}uerwssr stfcrdrd by ipplncatrir Isw. s?taS ^tnt i,e a waiver „# ,>r orcdude the exeretst u# anv such right ar remedy. <br />-riW ._........_... .._ ,a c -a ~ <br />°" .. •. s ~+: '.e ~ rrrlr, t+t S crrJcr •:nn3i ::oi ix a waiver of Lender s <br />r4~h7 to acrsietate :he ^va urrtq „f the . ; , #,t2Lnes, sccu,ed by th,s .3eed ~o: Ttvst <br />t2. Retmediee Cuatu-ativr. tit t:; edres t .v:dai .n the f7ced i f Tn.¢st are dstanct and cumulative to anv ether right <br />ar reratci:y .atrdsr zhts E]ecti .,i `Ftusi ar at:~nrded nt law ar equip, aced r+vay kx e=ercised :.oncurrentfy, independently or <br />tiuce~..iwety <br />!3. Sucreacsors and atssi~as IionrM; !sine and !'several ! inhitity; C'apjiana, The cnvtnams and agreetncnts herein <br />caniamtcf shah'+i:xtf. and rhr r:Rh.. hexevnxicr snail nturs to, :he rtspcct,rr saca~sars and assigns ui f_snder and Horrower. <br />Sitl'yeCi t4 the pronseom of tar~rapn ,7 € ra.r At1 osenaais and agresrtcrcts of Harrower iftatl ht Same and several. <br />dhe;'a{Kittns .end hsaduags of *hr paragraphs d tkm iced «t Trout are f~rr cor¢ren:encc exnly and are not to ice used ?n <br />mri:rprtt car tleftnc the prtrvtsxons bores! <br />i4. Otrtke. !:seeps 'or any rr+ttc rcq,ttrcd ,mdcr applrcabre taw so na s;rven +ra .=nother manner, i.s) any notice to <br />Bitrrowrr pravxdea €or to this f7erd of Tt[JSt rtaEi t7r g,vsn by matting suclt no , s bo~ certified mail addressed to Aarrower at <br />the Praptrt~ k.ddrrss or at catch other :eddrrst ::s Barr:3wcr may desegnate by notice to Leader as provided herein, and <br />+'bJ any nn[i e ur lcrutrr si3sii'x p;isen t,y :.eru#ied mat#, return rrcexpr rrgaes[ed, to t_snder's address seated herein or to <br />vtxh ether . rss .~~ Lender r,¢a; tlcstgnars by r.>tt~e i`sxrc:WCf s ~tfovtded herein. :4nv notice provided for in this <br />L'tca;r! ,~f 'Flt s ,psi: tt~s decrm°rf to #rave horn ~,vrn t,, t3e,rr,~wsr , , t enJcr when i;?yen en the manner designated herein. <br />t5- is rtn fleext of Trw j, f avrrnirm t '+a•+~rnlfNiti~, Fbrs form , t sr J ;if ttusz comDtrncs tnmfarm zoc=enants (or <br />nataanal nx4 r~a-unrfoem cotenants r.,~ t 1, r,tiu *.lr ataan> iursairci on ti consttiuze a unsfozm sreurity ,nsirumsnt <br />covenag era propene. ihrs t?ecd a ~';v;,t ch ht €-t,vrrreci ;,;- ¢hs Few eti the .r isuictrun ,n which the Prapenr• a fixated. <br />fn rheevent [fiat . ;•mw.ian ar utaux ,r! [bra t"Bcsd t t (rust or the 'ants ¢+nfi+cts w,th ~aptrcahie (aw, such canfliet shalt <br />ncu :ttfesi r,[nsr , vts ,>; !h+t Decd of ~rr t?tr Note wh•ch can Lvr gxvera sffcct wtahout the cnnfllcting provision. <br />and tic at1g erst; thz ,,rvrv arxrns eel the ±Y~tt e,t a rant anal ;hr !4ote arc Scctated to jx srusraofr. <br />tge. ~rrnwxr'e Copy. Itorrowrr ~snat tn; tan xxshrd a u,ntarmed erupt= a" ihr Ntatc arrd+af this llesd in T°rust at the time <br />o! cxrsittian nr aiier recardat¢trrr herxot <br />ST. Ttjuurtrr of the t`roprtty: X.aa~urnpeian. !f all .,s xnr part t zhs Proy>irtt r,r an entcresa therein rs sold ar transferred <br />by harrower witaxmst t.rndsrs prior vrraticn ,unscnt, cx.~uding ~ rat crrxt,rm ut a ?,rn .If eniumbrancc siilx>rdinate io <br />thn f7eeri r>f Trust, !h? thr+.rsajsan .rl a purcpi,xse ant»tay seux sty ,+ncfcst fur ..waeDold appi,ancrm, r,cf s transfer by devise, <br />rtc~,rat ar try irpcratton of taw upw, ihr death 4vf a rrxxnt ,errant ar t d i the gram rs! any irasehce`sd Interest of three ysafs ar less <br />eauC canlninanlt an apnan .a purstrasr. f.ctadtr rrba}, ei ! ender, ogstt ar drtSsrr Ic ,ones scs:urec! by [fits teed ut Trust to be <br />.rnnudtaar€y +iur and pryrDle. Ls^xtttsr sDalY nare• warvt,rt such ,;, era n to a.t ,ate d. 1 riser ¢o .hc ,ale rr transfer, Lender <br />sent ihr !torten to w}wrn rite Property is to 1?c sY.rd ar iranslerred ach agrc r.r sn K~ritmg that the c~rrdia of such person <br />is sut~iacioiv tit Lrndsr atuE t!~¢ ihr rmereet p,rcah&e r,n rise su,irs nea:umtai ~.~. ~ rs Deed of Tncct shell be at such rate as <br />hcntfer ~stra'vf rcyucst. if ! ender ?tat vr>mwrsi itte ,ngmzanr rt, rc,elrrats prov,drd s: thin paragraph r Z, and tL Harrawrr's successor <br />in rtttexrst fins rxeti~xtird a w~rirtsn assuntpt,,^n rcrr;rtit acarjztcd ~ ,v:nm¢ ~v tsndrr, tender shaft rslrase Botxower from <br />aft uhti~[¢rmz urrcicr this i7er•i a! usx ..,,t a ~~ 'vote. <br />if I»erttiet rxczcssrs uc ~+, , ? -naicu , t< er .•taucr ,i a:cefcraixru an accardance w,th <br />patm~,tapta k4hereus ., a :c spa p,•>• de ". ~ -i - _~, rags from ihr Satc the nxrtfe~e; is mailed wrthin <br />wttr¢h ~rnawef may pay t»c urn. ,Sr, rrez3 r -~ R~, !a„ 1.,, .i,..}t mums pzrur tea the expiration of such petted. <br />Lender may, wiahout tunher ,u;,.c c-i Jcn7arw ,,r Rtre:a rr ,rtvaike xnv remcdiss permitted try iwragraph i 8 hereof. <br />Nsur.h!t+ta¢~a¢,t {;ztvtnn~~ts. Borrawer :.,tzt} t.rudar furrt~,er ,.rwGyutni ar~d agnx as fceLlows. <br />tit. Acrrtrtatian; Rrmrdie., l;xrept sv pruvi,ded in paatrapb 77 hereof. upon Sarrowrx's breach at any cavraaat. or <br />aitrreeaiteat of Brrrrwwrr in tits I)red at ]'[vat, Stye the rarzoaMs to pay when dire arty cams setvred by this I)rrrl <br />ot'fruat, Lender ,ix6ar to at.cdrratiaa vinii rna@ rintire to 8arrowey ax provided in parxYt+aplt t4 hereof sprcifyinq: !I) die <br />itrraxh: g2) ihr aribn rryuired #o rnrr <ucb breath; !l) a deer, aeN etas than 3A days Imm tIx date thrt nwtisr is taaded ro <br />~nreuwrr, by w~h such brtyCh mini be cared; and !A) that isilarr to curt Bach breath on ar brtarr the date sP'rcif~ed <br />in ihr aatisr may resort in asrtirration at ihr cotta, arx:wed by #iols heed of 'Trust and fade of ihr P'raprtty. The itatie! <br />xttail further iatarm Itorronrr at fife riXttt #e rriwttate after mreleraiirm acid #tae riRiu to irrixrrg a court acstitm to assert <br />tine [tort-exiskrarr <tf a drtaiatt w an' aEhrr defrase at Barcawer fo acrsleratian and Bair, if Ehr bneaeb ~ nW cured <br />as ur betare [tic date :~rci is tht netirc'r, [.ender at I.rnrler"s atrtion may drsiarr atB rte ihr tirjas srcutxd by this Decd <br />of Twist tt, br imnrdiatrty dae and payaWr witttaat farther itemata! and isay arakr the pa+rtr of seer sad any itther rrrirrdies <br />peemitied 6y a~ticrhi+e taw. Ixadrr sttatf be eatitted to coiiect nti icatwaable coats arsd mrprases ineurred is pursoitilt jDr <br />rrt>aediea provided in tltit paragraph Ift, iieMwdiaK, bw awe limited frx, rextsanabte aatwttey's Icy. <br />tt 1ht powix a€ lair is nstdtrd, Truster xltall rrcttrd a twt~t tit drtarli in rarE canary in which fix. Praprtly or some <br />paK thereof is ttacatrd ~dshr#I ntai9 ropka ~ cinch naiisr i» ihr enaatrer pirrrribrd Dy appiicairk law #o Botrawrr and to the <br />~~' pr+~!r Pr+'+~rrilirdlty apptlra sir in+. Aftee the taper at teeth time as may tit rsegidred Dy applfxaDtr law, Trustee shalt <br />Rlvr puLTac natirr ad sa#r to ihr iersanz and in th[ meaner prruritxd Dy applieabir taw. Truster, wlttarut demand an <br />Ensrawrr, :a8a1f rx°B the t"raptrrty at puitNc avrtiatt to ihr higtxst bider at fire #ime and pbicr pad feeder the #erars dndgnated <br />is dx ntat:cr art sbtc in oar ear ratter parsrds sad dtt weeb order an Truster may determiat. Tratedrr may posstpoar sine at a® <br />Lradtr`,.~ra~l +,f rlte property by paWtr aawartrrwent m [ice. riser and place of app previaa2~$y srhedaird sak. bender or <br />6rs¢garxc as;~ parchasr Unr ptaprrty at say saie_ <br />[:pun rraeipi of ;,;,yment at the prlsc bid. Trastrr shat[ detivn to the ptrrchrrser Ttxsirr'.r~ deed cnmveyirgi, the Property <br />told. "fist zx.dah itt tae 'I raa4gr'S deed shallbe Dnma facie rvidrpre of fire Frrdh of the s#atrmrnts utadr #hrttln. Trnicier <br />Wad apple ¢hr pr+xrrd< of fete sak in ihr titftowfagtarder. gat to alt rrcaeat+taD#e teats anti rx~aucrs of ¢hr lair, iariuatittg. Dar <br />[sat #uuite.5 tu, tern-ier'sfres OI aiNl astorr titan 3'ti of 1 «n. ,~f rat grasrc sad gr:er» rrxesonalde a#taenry's Pert and coaYS at <br />tkle a•idracr, tDf t.a pp seats sacarrd-hy tlds [hr+~ at Ttantt; and {d1 the rxcrtcx, if fay, to ills poetess or err trxaiiy rnrhkd <br />therr&t. <br />i~. ttarruver a kiaht frr ttetttr. Nrtw ani,'ing ! ~stdrr ~ rcceieratian n# the s.ams xxwed by iDrs t?rrd of Trust. <br />r~ $prr rr hs >ia . ~. kp' r-; pea r seer, pr ~.:ing~s rxK :r, 8y ixndcr ill snfsrt;e this Sleeai srf `f rust dtccontinrrtd at <br />a;x S r c-. r yt ,e~ E rr c +~cr, r l the N [h tae het fl+e sate of #hr Pr .n <br />^ix^. ursuant to the power of satc,:x7n¢arrrrd <br />s.a'fYtc r I t Ia c 17 y~ <br />~ ~ ~ r t t ~,, a "' c z r .} t k , { ra>s, .i ! liorrewcr pans. f.rnsfrr rl3 turns ha~4t u:oatld <br />~,. , t : v _ r : u f~uiurar ,4t. nets. rf any, had eery as°.ceicraucm •v.;ctarr^sd; <br />chi _ , h 1 x t th ,.~i ~ re'n-n. '' a rox..~cr -•,xtakneci rn then. Dee:E r»f 'Tenet:. <br />kr. ~ ~ "t ts,: - ' rc ~.'•k[ ~•r covt:fiani5 ape} r.. tirnertis ;ai <br />"wra -: ~ ~•. e ~~.? tU t a e err, y' - axra> fz<, i3rrt 7ec., :x zs pr<3vrt3s'd ~ fY <br />rr ,, ., , , z~siri.r.~! _. the e+ , ,rt, ~ t. „, c~ a ,. t:, .x. .,. t .3 <br />»t <br />