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<br />82-...Ot~230Q <br />9- Goademnation. The proceeds of any award or claim for damages, direct or consequential, in cnnaection with any. <br />caademnatioa or other raking of the Property, orpartthereof, or for conveyance in9ieu of condemnation, are herebyassigaed <br />and shall he paid to Lcttder. <br />is the event of s total Laking of the Property, the proceeds shall be .applied to the wore secured by this: Deed of Trust, <br />with the ezccsi, of any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender <br />otherwise agrtx in wasting, there shah be applied fo the sums secured by thin Deed of Trust such proportion of the. prorerds <br />ss i equal to that proportion which the amoant of the sums secured 6y this Deed of Trust immediately prior to the'date n[ <br />taking Sears to the fair markefvalue of the Property. immediately prior to the date of taking, with the 6slance of the proceeds <br />paid to Borrower. <br />If the Property is abandoned by Borrower, or if, after rrotice by Lender to Borrower that the condemnor offers to-make <br />sn award or settle a claim ter damages, Borrnwerfails to respond to Lender within 30 days after the date such notice is- <br />mailed, Lender is authonud to rolled and=apply the proceeds; ar Lender's option, either to restora8on or repair of the <br />Property onto the sums secured by this Deed of Trust. <br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend <br />ar paatrotie the due date of the rnonrhly instaihneats referred to in paragraphs t and 2 hereof or change the amount of <br />such 'emtttttlmems. <br />1g..latrewn Noi [dekars~. Extension of the time for payment or modification of amortisation of the sums secured <br />by this Deed of Trtarsranted by Lender to any wtxessor in interest of Borrower shelf not operate to release, in any manner, <br />the liability of the otigiftal Borrower and Borrower's succtssars n interest. Lender shah not be required to zommence <br />prongs againarsueli sacttssor or refuse [o extend time'for paymenY'or"otherwise modify amortization of the sates <br />s=cured by this Deed of Tnistbp reason of any demand made by the original Borrower and'BOrzawer'ssuccessors in interest. <br />11, Ferhetirrtce by Lender Nat a Waiver, Any forbearance by Lender in'exeresing any: right or remedy hereunder, or - <br />othetrise afforded by applicable law, shall" cwt be a waiver: of or predudc the .exercise of any each 'right or'remedy. <br />'I9te praatrertteat of insurance or the payment of taxes or other liens or charges by Lsnder shop not be a waiver of tender s <br />right to accekhte the maturity of tite indet•tednas secured by-this Deed of Trust. <br />1Z ?Ranteaies Camitlve. Al! tnmediea provided rn-this :Deed of Trust are distinct and cutmtlative to any other nght <br />or remedy under thu Deed of Tnast or atiorded by law or equity, and may be exercised concurrently, independently or <br />sttocpaiv~iy. <br />13. 9ueerara awl Anipr Yat~/; leial awd'Sereral L3ahitlry; Carbons.. Tht covenants and agreements herein <br />contained ahal! biro!, attd the r`ijAts herennda shall inure [o, the respective succeaors and assigns of Leader and Borrower, <br />subject w the provisiorn of aaragnph i7 hmof, ,All covenants and agreements ©f Borrower sha[I tie mint and several <br />: ' The captioes:andbeadiap of thepars¢aphs ofthisDeed of Trustnre fo>•:convenience~a~y and areriot...to br used to '. <br />interpret or delStie the ptroviaioat htxaof: <br />1l. il'etke. Eitcept for any"nottt requrrcd under applicable law to be given in another manner, (ai any notice to <br />Borrower provided far in this Deed of Trust. shale be given by mailing such: nnttre by centfied mail' addressed to Borrower at <br />.tho' Property Address or at such other address. as Borrower. may designate. by notice to Lcndcr as provided herein, and <br />(b) any opine to !.coder sixli be;iven by articled coal!; rctum receipt requtsted, io Lender's address staled herein or to <br />stall outer address as Leads may designate by'tiotice to Borrower as pmvidcd herein: Any notice. providt:d for in thin. <br />Deed of Trust shag be daemt:d to have beta given to Borrower or Lender when given in .hc manner designated hcrem. <br />13. UWarta Ded at TnsR Ge-errittg Lnr[ SeveraHNty. This form of decd of trust combines uniform covenants for <br />national tine and nmi-uniform c+avenaou eth''2!!tt litn9ted vanatwns by jurisdiction to consutute a uniform sccunty instrument <br />covera~ real properly. 'Ibis peed of Trust sha}9 be gmtrtrcd,by the law of the jurisdiction in which too Property is lncaied <br />In the tvearthat any provision or etasneaf this Uoed of Trust or the Noie conflicts wit3l applicable law; .such contSict shall <br />not a>xect other provisiotq of this Deed of Trust ar the Nv[e which can be grveo'cflcct without the conflicting provision. <br />raid w tins tttd'the provuuotq of the Deed of Trust and. the. Nau are dac4sred to be scaerabie. <br />lf. Mrwwer's Cary. Borrowsrsttall be furnished a conformed copy isf the ;Vote and of this Deed of .Trust :ti the time <br />of execution. ar after recordation hereof. <br />17, Truster otthe lrsiletrtyrAswmrtlaa. If ail ;x any part of the Prt+perty or an interest therrtn is sold or transferred <br />hyBorrowerwithourLetrkrs ptiar wrrttcn tonxm,.cadudtni;ta} the crcauon nCa lien orencumbranzc urhrxdinare t,i <br />this Deed of Trust, (bj<the cres[ion of a purchase money scrunty interest for houscltoid appl,ances, I c j .a tranaler by dev,sc: <br />deaceat ar by operattoa of l,w upon ihe: death of a ;mitt. tenant or ++I~rF <br />Lender may„ at Linder°s option, dcelare al} the sums secured by this i~red of Trustto he <br />ifnmediateiy rte grid pays Lender shelf have waived such option to actc{trate if. prtur in the sale ,~r 'trarnfer, !..ender <br />and the prison to whom_the Property is to be sold ur transftrrcd rtatlt rgreemrnt in wriunA that the credal of such pcrsen <br />is satufactory to Lender and that the loosest payable on the sums sceurtd by this Decd of Trust shall he ,t such rate as <br />Lender shall rex(uest: Ef Lcnderhas waived the option to a~cleratc pro.,dcd in this paragraph t'l: and tf Borrower's suecesavr <br />in interer, has executed a wrltun assumption agreenitrrt accepted i^ wtltang:by Ltndcr, I,cnder shat( refeasc Borrti~xer .from <br />alt aWigaitana under this Dad of Trust and the Nau. <br />IF odes exercises such option to accelerate. Lttider shall nra,l Berrowtr not;ce nt':tt' ¢ r <br />pars{nph ty{ hereof. Such nauce shalt ptavidc a pcrtod of not leas ahan 7f} days frntn t$!~ iii ~~~~ h,n <br />which Borrower may ppssv the sums c:cctarrd due. f Borrower tails to pa} such sums gr ,a ' ~ ffit atrnr~ct ,{yy,h,~~,~, <br />Leader rnay; without farther notice or demand on Borrower; ,nsuke any remedies permutj"dr1k~ (~ratrr.rpli_t+t`hcr±4rlr=, '~ _ ' <br />Nox-t tveFOrta.Cavexw~rrs. :f~orsowtr ami.Ltndcr turtherccrvenant acid agrecas follow, <br />Ag. Accskratloa; Remedies. F,acert as rrovided is praragrarh 17 hereof, under Borrowei s brewh of any covenant nr <br />aaggeetttsent of Bmroars~ b this. Deed of Trwt, isclodiug the' covrnants (o. pay whtn',.due naysums secured by this Ueed <br />of Trtry I.eaier rriw`ta arcekraboti shall hail itotke to fiorrosstr as pros~ided fa paragraph. IQ hereof specifying: (1) the <br />!reach; (2) the acliea ngaired to core"strc6 breath; #3! s date, aW less than Sd days from the paste the. notice is mailed to <br />loerower, by which each 6tracb east be owed; aaa (a} that failare fo curs such breach on or before the date specified <br />in ht arbec_auy rnrk is rcceleratioa o[ the earns secured M~ this Deed of Trust. and sale: of ..the Property: Tfie entice <br />shalt faAherktarei larrower of therigAt to reiWate attersrceleraboo aadtheriiglit:to bring a canrlactfonfo.asxrf <br />the waa•csisleace of a defaaq or any other defense of Borrower to accekmtaa and sale: If the breach is not cured <br />00 or helosr'the da/especHied h the ratkt,Lenderat l.erders optionmay declareaB ofthesirms secured bythis Ueed <br />of Trost w bt htatnediMely pre and rayabk witboW tarYLer demand and may invoke the power. of sale and nay odter remedies <br />peratitsed ~"arPlicabk law. LtnirtgAaD be entitkdro eo9ecrall reawnabkcasts and expenses incurred in pursuirigrht <br />remedies rroyNtd w this prrtKraph 1g, incladiug, best not limited to, reasonable attorney's Pees. <br />If the rower o[ ark is Givaked, Trnseee shall record a .notice of dtfaall: in each counts in. which for Properly ar some <br />tart tYeneP"isbcaled sad shaBmaitcapiesofaarh nolke is tbemaniur prescribtd by: app~icable.Iaw toBorrowcr aadto the. <br />other rersaws reeserihed by applicabk law, Alter the lapse of such time as may be require8by appllrabk law, Trustee shall <br />pave rubRt robte of sak to the: persoas'aad in the ttsaimer..prescribed byapplicable law: Trw~tee, without demand on <br />lottOwec,shaU se0thehoperty atpahlit anctiontotba hi;best biddtr arfhe bmtand place anditaderrhe terms designated <br />k the isotke of sak in one or mart parcels and in such order >s Trustee may determine. Trustee may. postpone sate. of a1R - <br />or atiy rareN of flee ?raperrY b9 Public annoanttmern at the rime and plate of any previou!tly scheduled .ate. Lender or <br />Leadrr't deetpee anyrarchse the Property at any sale. <br />Uroa reeeirt of prymmt of the mice bid, Trustee shalt deliver to the purchaser Trus2ee'v deed roaveying the Property <br />soil. T~reciWa h theTrmlee`s--deed sbaN-be prima tack evidence'at rhr truibaf'[he statements made therein. Trustee' <br />ahap apply Iht of the sak it the fago or r: r} fo dt reasonable cola and e>ipertses of the sale, inrludntl. bast <br />tsoitimBed W Trnstet'c fens of =wt more thas.._, f Z 0~ 1 9e of kbe grossaa-e price, rcacoeabte atforn¢} °s fees and. r<rsiz: of <br />fWe cvideare; (bj to alt sans secured by,thla Deed of Trost; sad (c) the eacess, ff sop, to the person or petsuns lepaiiy enti[led <br />thereto. <br />j [9. Rorrawer'i: RfRltt it+ Reiantate. hotwtthstanding Lender's acceleration of the sums tir:cured by th,s Decd of '1'ruti!. <br />(~ Bc!rro.v r shsfl have the nght to have nny proceeding: begun by Lcndtr 'a enforce this Deed of "T'rtast daseortint t,.9 at <br />any erne prig: w t?.e'carlicr to Degas of (il the fitf['r da~Y before tbasate of rho r~rnpetty pursuant to the t owes t~f s.ait ~ )nU:irwed <br />in rhrs D.;ed oC TYtstor Gi} entryesfagudgment enforcing ibisDetd of Tatarif: SaiBorrowtr p'sy"iLcnder a;! seam; which vr,ar,lci <br />t~ then cure =order !nt+ peeA of Trost, the ?fait acid notes serr,rmg Palette Advnnccs,. if an}-, find ~-. }eraripsa zxc,nrrcd: <br />(bj Borre~sc~ ~urs:+ ail breaehts of anyother ccweaants nr agreements of Harrower rnnitiincd rn this Deed of Trt,s?: <br />ec) Ba-roger puts n~i rca-nBabieexpenses incatrrtd by L.endtr trod Trustct in cnf,.grc7ng :he cove-.:~~~~.,, and grU.-meats of <br />6.:c._wct cor,t-in-a3 in ehes rJeed of Tnxstand is e~nf'arciagLxndtr's and ~Tr-.rhea's reme~lss t, r - ict3 is: p~ra~ra,•b 1, <br />her^ s_ Ench,cli e- t ~t urn ,,rxvted tr. rtasonabtt att+2rncg's fees: and td? tt+xrrcxwtr {its ~w,r ar s. ea^ ., I : .,der n..at ,.,a .>,+a~ia~ <br />rcq~• r~ t.z :+e+u - :hut the hen pf tfta Deed of 'B'ract, f.tndti s intc:cst in the Pta~rt} anti Brtrr s >'.,et ,,+(e?n ra, pat <br />