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<br />~~.= i)Q1343 <br />9. Caademnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any <br />cot-demnation tit either caking of the Property, or pan tftereaf, or for conveyance in lieu of condemnation, are hereby assigned <br />and shal6lx paid to Lettdtz. <br />fn fhe even[ of a total taking of the Properly, the proceeds shaft be applied to the sums secwed by this Deed. ofTrvst, <br />wit3t the excess, if any, paid to $orrower. in the event of a poplar taking of the Property, unless Borrower and I:,ehdet <br />othtiwise.agree in writing, there shalt be applied to the sums secured 6y this Deed of Trust such proportion. of ttie proceeds <br />as-isequal fa that proponron which the amount of the sums secured by this Deed of Trust immediately prior io the:. date of <br />tak6ttg Cr.:ars to the fair market valve of the Property immediately prior ip the data of taking, with the balance of efts proceeds. <br />ry paid to Borrower. <br />if the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor oHets to make <br />an award ar se[ele a claim for damages.. Harrower fails to respond to Lendez within 3{1 days after the daft such notice is <br />mailed. Lender is authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair of the <br />Property or to the sums secured by this Deed of Trust. <br />_ lin)tss Lender and Borrower otherwise agree in writing, an}• such application of proceeds to principal shall no[ extend <br />or postpone. the due date of the rnonthfy i:.rstaldments referred to in paragraphs { and 2 hereof or change the amount of <br />such irataRrrtcnts. <br />l0. Bonn«er Not Releited. Extension of the time for payment or madificaiion of amortization of the sums secured <br />by this Dced of Tnist granted by Lander to am' suectssar in interest o' Sorrowtr shalt not operate to release, in any manner, <br />the liability of Ehe original Bprrawer and Borrower's succexsers in interest. Lender shat! not he required to commence <br />proceedings against such successor or rtfiuc io extend time for pa}'went or otherwise modify amortization of the sums <br />secured by this Peed of Trust by reason of any demand made b} the ongina! Bnrrawer and Eorrawer's successors in interest. <br />l l.. Forbearance by Cinder Not a R'aiver. :1ny forbearance b±' Lender in exercising any right or remedy hereunder, or <br />atherxvise :tliorded by applicable law, shat; not he a waiver «f or preclude the exe¢cist of any such right or remedy. <br />'fhe p¢txurenrent of insurance or the payment of saxes c r ether Tien, or charges by Lender shall not be a waiver of Lenders <br />eight 4a accelerate the maturity of the indebtedness ,soured by this Died of Trust. <br />12, Retnedics Gnmulative. At! remedies pravcded in this Dted pf Tnvst are disisnc¢ and cumulative [o any at her righF <br />ar remedy under this L)eed of Trust or a':-orded by caw ar equit}', sod may tic exercised concurrently, independently or <br />succ~siveiy. <br />13. Sute~essors and Assyttts Bound; Saint and Several LiabHIR; Captions. The covenants and agreements herein <br />romaintd shall hind, and the rights herrander shalt irsure to, the rtspcetivt sucttsscrs and assigns of Ltndcr and Borrower, <br />subject to the pmvisvuns of paragraph i"r hereof All covrnants and agrtemenc of Borrower shall ba joint and several. <br />The ea.pturns and headings of Lht paragraphs of tam Deed <>f Trust are for cnmtmenct only and ore not to be used to <br />intercprM ar dttint floe provisions hereof. <br />IA. Notice. ~xctpt r"ar env notce raqu:rtd uneier epphcable .aw ,e h- grven in another manner, (a) any notice to <br />Bon`awer prnvrded for m [Cris T3eed rf Trost shad! he gives by marking such notice by ctrti6td mail addressed to Borrower ai <br />ahe Property .Addrtsx. or at such other address as Borrower may designate by notice •a f_endcr as provided herein, and <br />the any notice tar Ltndcr Shall ix given by ctrtiHed marl, return rtttipz reqursred, tc Lender's address stated herein or to <br />sttcfn ocher address as Letrdtr may dtsigpate try notice to Borrower as provided herein. .Any posits provided for in this <br />fkeuf of Trust sffal4 !*c deemed to bout isetn given s;, Ba¢rawer ~r e.ender when given +n the manner designaaed herein. <br />15. C?nMorm creed of T'r~tt; iovrrniettt Lew; ;5rveabiiity, Thu form <rf deed of trust c~*rnhines tmiform covenants far <br />nattonal use and pan-u^~farm tovtnants wath iamrttd varrautans b utrisdiction t7 constitute a uniform security instrument <br />covering real ptoper.4 i?r t:tiYd of 3 rust Strati ht eo+•erntd hq the law of the jurlsdict:an ip which the Property is hrcated. <br />fn rive irvcnt that a~-- ,ru „-.n nr rtaust of thew i3eesl n2 2 rust c+r rite Nott conflicts warp applicable taw, such conflict shall <br />nest offer; ..,ttttr C*C+tt~:~~a~cm ~':,; Drcd a+f T use i>r ;ht !^+ott wh ch can M1c given tftect wnhcrut the cont~iciing provision, <br />and to this end lets prov z rs a4 :fss f?etd :7;"'Crust and the .'voce art declared to t,~ sevtraoft. <br />ff, Burro«rr's Cary. B~+rrt?wti ~,haFs br tnrnasfrctl a r.^•formed :c+p}° of [ht Note and of this Deed of Tntst at the time <br />of crscuiwn or of&tir -es • rttatran taerez;t. <br />f7. 7'raesfernf rix Yrupert+° d+eveaopgioa. if '. <~ -- ,. ,.!'the Properly or an interest tlrerean is Bald or Transferred <br />by Berrauer wttixtut E... ndt ~ :.-rrn .gar, cr ~ ~~ .~ i ;art crcat:nn of a urn or cncumhranct subordinate Eo <br />.fns rltcef of Toni . `•'a the r ,:~.~. , ;~~arrk-ast rrr•ne r ;nttresr for bouxhofd appliances ,c t a transfer cry dtvfst, <br />des. nr '_: n'. rpt :inn sw i x~ Rc learn ; t x}tr grant zrf any leasthafd intcrest of three years or less <br />rust coota<mng an ::++:,c r _. ~ wr. - u~ declare a:! the sums secured by circa Decd of Trust to be <br />rptma.t atr~w dot a ~ s r rr a _,_ i ,, ,+t to acctttratt vf, prior to fhe sate or icansftr, Lender <br />ant the pc,..;. _ M-•m t c f ,.-r ~.r , fc~. <s r ,.,.-h agrremcns an writing that the credit of sorb person <br />ss vat atacr:-r, E rrxirr n ..na! , .r rv .., ~ -urn[ by this l7etd of "Trust shall be aC such rate as <br />t.tnckr than rtx}uctt. St .far >~ar r::oe , rrs.,• o~ oleo r^ rhtx paragrzph 17, and if' Borrower's succesater <br />cn rniterot l:attxerutrc'. •.;rn su4 r •. cc c~:~ ...:rr+r;i ..-~i+ng 5z, i_endcr, lender shal3 rtttase Borrower tram <br />aft attftgations under thee i~t-+t tgt .~ ~-,.u <br />if d.tttder cxtrtistt t r ~. ., - r; rn;r at(+rrYrwtr notice t~f acceleraffnn in accordance with <br />paraygraph #4 hern+t Su_n ~ .,t.., ro4.c ,~. ~ ~r_ s. ~-e, tn.n 3i) lay[ frrmr the date the nutlet is mailed within <br />w•bteh Bbrrc+wtr may psv the sunx•+t.r_ ~~~• ix ~ }a,,. .. _, r~> Fay ouch sump prior tr? ahe expiration of such period, <br />Lender may. wivhtaut funlecr m~tfce vr,: ,:r! a Berm 4r , ..e env rtntedies perxrritted by paragraph Ig hereof. <br />Nr+rr•l>ntvoRtt 1.'uvr4enr's Borrc,w~- ,net l..artdts tusrlstr _.,rrrranf and agree as fnftaws.: <br />t8. Atcekratire; Aeenediies, Exa-ept as provdnt in parteBraph l7 leernrf apm Borrower's breath of spy covettaW w <br />attperwtrnt of Bamewer in this [recd of Truer, iaclewtiirt~ thr tovenrasls to pay ,r1Nra due any xtmrx secured by this Deed <br />of Tate W, Qxndrr prior Yo arceirrstiun Khal wttit^r to Brerowx m pravidrd la paragCnyy, CA hereof specifyireq: f,L) the <br />breach: IZI the artier reyairrd to tort sorb. berarie; 4 7) a doer. net ims then J4 days frets lbe date the notice Ls mailed to <br />BsrTarvea, by whfMh swat ttreath tir hr r[netF, and tAl e;sat fatihur to e'ttre sacb breath on ar before the dste spttified <br />Cn the twtice rreey rtsudt is aramirrnl.ate ,vf the wear +rrved by ibis Lleed of 'rams. and .salt of !hr Prtpeerty. The notice <br />shall further inform Borrawer of the right to reiues~e rfirr arerk'rr,l4ar aad the right to brirtx a toor9 action in assert <br />the tsan.rxisyener of a t1elattN or any Wirer t4frase of Borrowrr to acrelerruim aad safe. ff stet breath is pat cured <br />eta or brforc thr daYr cprcdied in thr rteKrr, t.erdn at I..eoder's option tray declare alt of the sutras secured by tbia Deed <br />of Ttasl to be iediatrDy der tgd psysMe withteet fetcher deneaed and bay insreise ibe pmrer of sale mad spy other remedies <br />ittnekted by spplicable (ssr,. i,ew0er steal be rntilied to ritYltrl sal rt~teabte coos ~ expcraes 'r+curred in PursuireR rise <br />nr+trdiea ptevided in thrit paestgraph tS, TaeAw~iwl, bw teat libged ter. rtasoreable agoeoey's fem. <br />tf rice pewee ad' stele it intokrd,. Trtwxrr shag eerord a eerier of ttdaat Fa each troraty in +rhkb [be Property or some <br />part tl+er+raf is bleated sad shalt creeds cepks of sech notice in t&e mariner prescrittad by appticrtiie law to Bono«er acrd to the <br />other pera°'n'r tuextsitted by applies' Ilr law. Ahem taw tspse of such tiros as [nay 6e re~triaed by sppiicsbit 3a«, Trttstre shag <br />RHe P~ erotire ~ sae to the pssftawa reed is the esaterrr prexritxd by applicable Caw, Trustee, without demand on <br />~ea'rerrer, nhait self the Ptxtpraty. at pte6Kt aaetirtr. b for h+etAr'st beidder at etas bare a~ plac+e aced undee the teams dttsiRrssted <br />in the reeler of stdefit on~t or swore parcels sad is larch orrdrr ar Trt~ee may determine. TrtiMee may postpone sale of aB <br />t.rtrd v"s~ei ref tier t'rnpe'rty hey ftroblq aasounceneewt al thr rime asd pircc of any prcriously ethedokd sale. Lender or <br />ae,riiRar+r tray pterebae the iPreperay a awy sae. <br />E~pow rettipt of payesrnt ofths prdcr b[d,'C`rustrr t6ud1 detivrr to the pnrchater Trnttee's deed conveying the Property <br />saved. Tire rccHais rs thr Ttxrsters Reed shat bt prima feels evidrnce of the [rrtih of the sistemeMS made ttiercin. Trustee <br />shay apply ihrprttcredsof tlersaie iethe foNowlrg ardrK: lal to aB reasterrabie rotas and expenrres trf the laic, inciading, but <br />wet iirwNad ta, Trestce:s fern d notmwc. [Itp~~3'3' ~f i '~ of skis gross sate price, rrasorabie attorney's fete and casts of <br />tiYe rvidsatr; fhe to a6 setr~ srcare8 hry tlds t)eN ~ Trat~; anA Ill the exr•~ct, if any, to the person or persons CegaBy entkkd <br />ilttesteda. <br />j9k lMnowrrs R~hR fo Etebwtaht. Notwnlsautsding l.tnder's acceleration of rite sums accused by ;his Deed of Trtrsi_ <br />Nei rwr ,.ira'f nape rhr eight art have any prttuecditvgs isegun icy l coder to tnfon:t this f?t:td of 'T`rust disconunucd ar <br />any t:nre ps o. tar)ttr to~cur art #<! the killer day betrNC the sale of t?ve Properly pursuant ro the power of sale contained <br />+-, °h, rte -. i f , t-r r, ~t=xttrv of a jtx+'Jgmtnt tttftrrcing eh~< fkrd of't`rtrst if: {af Harrower gays !..ender all sums which would <br />~ fhe ~ s `'rw . l:~ti~.t o! 'i`~rsb. =`+t Mesta and notes srctui~ng Fpturc f5dwano¢s, if any, had nor ;uteltraiton oc~.urret(: <br />thl rkwr .r ~I% tireati>GS pt xny enhar cawenanes or agrccmtnia a.f f3c:rnrwtr c+rntairued in this i~ttl e+f Trust: <br />r4-) H tar ~~ >em~mubte es p:r. cos erviturrcx4 hw i.en.hr arruli r,,uEee :~ endenr;-in 9fie t:ovmnants and a rttrrrenvs art <br />FTorr : - - t~ L4'td art [-+nt and to cr1c.::na i.err<ltr's and `favsdee's re-trzecfxes ac g <br />~ ,drd rn ,paraRrar+#v Iti <br />t+erc .- r< r :+ ,red tr, x~..•-,rnatak astorncy s. - pct <br />.. and ddb Hnrrenwrr kcs suc'n r. t .. a, ae [..ender may reu~nnsbty <br />rant+ •. ., a_.u . t .. ,-~. cf N • Lktec ei inr.t, F.trH ^t`4 ertrerest +a, ahr 3 .°Sxre:W ..,,.i F&+, rtrw~ts's obfigatran tt, aray <br />