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<br />~.. <br />ta~..w',;;3.1E,r~ <br />9. Coademnatbo. The prpcceds of any award or clam (or damages, direct or consequentiah in connection with any <br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby assigned <br />acrd shalt be- paid to Lender. <br />In [he even[ of a total taking of the Property, the prceeeds shall be applied to the sums secured by this Deed of Trust, <br />wilt ere exresv, if any, paid tp Borrower. In the event of a partial taking pf [ht: Property, unless Borrower. and Lender <br />otlxrwiae ague in writing, there shall be applied tp [he sums secured by this Lked of Ttvst such proportion of the proceeds <br />as is.wual to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of <br />taking is [o the fair market value of the Prpt:....r itnmediateiy prior to the date of taking, with the balance of the proceeds <br />paid ta Borrower. <br />Tf the Property is abandoned by Borrower, or if, after rtotiee by lender to Borrower that [he condemnor offers to make <br />an award or settle a claim For damages, Borrower fails to respond to Lender within 30 days after the date such notice is <br />rrraikd, [.ender is authorized to collect and apply the proceeds, a[ Lender's option, tither to restoration or repair of ere <br />Properly or to the stuns sxured by this Deed pf Trutt. - <br />-Unless [.ender sad Borrower otherwise agree in writing, any such application of procceds to principal shaft not extend <br />or postpone-the. due date of the monthly instaltments referred to in paragraphs 1 and 2 hereof or change the amount of <br />sash rmiallttteats. <br />1R Borrower Not Released. Extension of the Limo for payment or modification of amortization of the sumo secured <br />by this Deed of Trust granted by Lender to any successor in interest pf Borrower shaft not operate to release, in any manner. <br />the liability of the original borrower and Borrower's successors in interest. Lender shall not he required to cortrmencc <br />prt5ceedings against such successor or refuse to extend time for payment or otherwise modify amorlization of the sums <br />secured try this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest. <br />11. Forbearaore by Lender Not a Waiver. Any forbearance by ixnder in exercising any right or remedy hereunder, or <br />otherwise afforded by applicabk law, shalt not be a waiver of pr preclude the exercise pf any such right-or remedy. <br />The patrcurentent pf imtrrancr. or the payment of taxes or other liens or charges by L.cader shelf not be a waiver of Leader's <br />right to aceelerate the maturity of the indebtedness secured by this Deed of Trust, <br />!S. Reeaedfes CnmttVtlre. Ail-remedies provided rrz this Deed yr Trust are distinct and cumulative to any other right <br />or remedy-under this Deaf of Trust or a$orded by taw or equity, and may lye-exeecised concurrently. indepertdenty or <br />Bute ~ Seccawrs and Ariqus bound; ,loin and Several Lfatdlity; Captions. The eovenanis and agreements herein <br />contained shall bind, sad the righu hereunder shaft inure t„ the respective successors and assigns of Lender and Borrower, <br />subject tp the provisions of paragraph t7 hereof. Ail c=+rnants and agreements of Borrower shall be joint and several. <br />The captions and hudutgs pf the paragraphs of this Deed of 'crust are for eom•enience only ;end are not to t>e used to <br />iMttprd or define rite provision hereof. <br />10. Nofke. Except for any notice requred under apphcablt law u. br given ht another manner. (a) any notice «. <br />borrower provided for in this DeeJ of "(rust shall t+e gircn by mailing such notice by certified mail addreued to Borrower at <br />tht Property Addztss >r at such other address as liprower anal designate by notice t:5 Lender as provided herein, and <br />(h) any notice to lender shat! be gtvtn try certified mail, return receipt reyrrrsted, etc 1.endrr'c address stated herein nr to <br />such other address as Lender may designate by notice tp 8arrower as prrn•idcd hereut. :any notice provided tar in this <br />Dtxd of Trust shall fx deemed to have been given to Borrower or Lender when gntn in zhe manner dnignateJ herein. <br />15. l;aiform Deed of Trout Goveraittg Law; Sevenbiiitr. Thix. Eorm of deed of tn:u .:+mh+nes uniform covenants far <br />natipnat use and non-uniform covenants with limitr.•rl variations by runsdiumn cu cpnsntute a uniform security' instrument <br />covering rcaf property. This Dced of Trust shah he governed by zhe 'aw nt the fur=sJteuun ~n which the Property' is located. <br />In the event that any provision or clause of zhts herd ai '(rust or zhe ~ote..anfleets wnh .+ppheahle few. such cnntliet shall <br />ttoC affect other provisions of this Deed cif Trust or the tiara which cart tk etven cttti't w•uhout she eontlichng pnn•isien. <br />and to this ertrl the provisions of the lleed of Trust and the tiote are Jetiare~ t.t tic severable. <br />16. aorrower's Copy. 8pnower shalt be turmshed a ~oniormtd .c,py r+t the volt and of this Drrd of Trust :u the time <br />of execution ar after recordation ttcrepf. <br />17, Tnmfer of t!g Property; Assamptioo. !E alt or nn; pan at rite Prx>tx rat- nr an interest thkrt n is sold nr tr-snsle:red <br />by Borrower without Lenders prior written consent, i-vctuSmg za 3 zhe atanon of a lien i+r encumbrance subordinate to <br />this Decd of Trust. (b} the creation pC a purchase mourp ucur<t„ ;ntrre,z f=cr !rauw hold appliaaees, lc S a transfer 6p devist. <br />descent or by operaGan of few upon the death at a rotor tenant er+~i <br />Lender may'. at I emitr i opuon, declare ail the sums secured by this Derd of Trust to t5c <br />imruede`atdy due and payable. l.etzdtr shall hx4r --.aw~3 Beech ,~ptnra r.± a_ceicrate =i. prior ?o zhe Sale or transfer, Lender <br />and the person tp whom _the Propery is m br sold 3r tranatec red res.'r. agrernxtu m writing that the creaiit of wch pennn <br />is satisfactory tp Lander and that the imeresi payable on raze +usn, +ecurra by This Derd nt Trust shall be at such rate a, <br />[.ender shelf requaL- if Lender has waned Qtc opoon ±.? ucrtftra!+• pntnJad in this paragraph 1?. and it Bprrewerb successor <br />in interest has exeeutecf a written assump«on agree+ucu ;rccepted m wrctm¢ t~p~ Lender, Lender shell release Borrower tram <br />all obligations under this famed of "trust attd the Nc tc. <br />If Leader csercises such option to ac~.rlerau Le s far ~h + t-. r tf.- r wr,r op e"t7 ith <br />paragraph 14 hereof. Such notice shall prorrde a pc r' x ,i r.. t h , t Jana tit m the' f~ fr~ ~ wi bin <br />which Borrower may pay the sums deviated due Iz li. ~rzwrat i_ ;q pa such utm nor to t~-ie exptt'9ji n ct~ sLt,S~ od. <br />Lender may, without [unbar naix ar demand ,on &=rrowcr. irsul.r aa-. ranedits perm+iteJ by paragraph 1 g heretic. `- <br />IRON-lthtrilRM ~'pvFNek it ~r1Ylw'Gf and l.enJta 1ulthcr 6PYrnanl a'1J a~'0.'e e~ .Uilc N'S: <br />Ig. Accekrzrton: Renredks. Except >m pravfded in paragraph I7 hereof, upon Borro»ror's breath of any cosetrant or <br />agreement of Borrower in Me eked of Trust, including the rasenantr to pay when due any sums secured by this Deed <br />of Trust, [.ender prior to accekratiou shat! malt rwtire to Borro»er a. pru+fded in paragraph 10 hereof specifying: (!) the <br />broach; (21 the actiaa reyuirrrl so care sash breach: l3i a Barr, nut fete than 3u days from the date the notice a mailed to <br />!larmwer, by whkh swh ttreatb muss fse [wed; and (il [bat failure [o curt such breach on ar before the date specified <br />io the aotlce stay result ie acccleratiun at rbr was sra'.urrd by the herd of I'rnst and sate of the Property. The notke <br />sWl fwtbtr inform Borrower at the right W reinstate after acreferarion and the right to bring a court action to assert <br />the rrtwxexiuetice of a delauh ur say outer defruse ut Borro»rr to atcckration and sale. !f the 6mach h not cored <br />oa or 6efor; the rMte specified in the notice, Lender at Lcoder's oprion ma. declare al! of fhr Burns secured by Ibis Deed <br />rriTtustta be itntnedialely due sad payattk »ithaw further dcmaud tend ntay invaitr the power of sale and any other remedies <br />pr:rmkled Ts? applicable law. Lender shag be eatftkd to raBect all retnuttable costs and expetaies incurrrd in pursuing the <br />retaedles prurided is thLs paragraph Ig, iotlrsdirtg, bw not timired ta, reasanabk attorney's fees. <br />/f the power of Bak a iuraked. TrtWee shah retard a rwticc of default in each county in which fhr Property or same <br />part ifrereof k Itrcated and shah mall topics of such notice iu the manner presttibrd by appljcsbte fear to Borrower and to fhr <br />other person prescribed by appficabk Low. .=~fier fhr fapst of lath time as gray 6e required by apptcable law, Trustee shall <br />giro pabBc notice of Bak to the prrsona and iu the manner prescribed by applitabk taw. Trustee, without demand on <br />$prsawK; shelf scH the Property at public ant[iop to the bigt+est bidder at for tame and plate and under the teeters designated <br />let the notice of Bak is auc a reran percale and in scab order as Tzasiee may determine. Frusice may postpone note of all <br />or crag plural of iba Property by pntrtk artaanrrccmrnt Y the time sad plate of soy prexiotrsir scheduled Bak. [.ender or <br />i.!isil+tr'x d~iguea racy pnrtAtrre rite Pro~rtr at stay sale. <br />rac~e~t of pttymeM of the price bid, Trnstce shall deBvrr to the pnrchrtser Trustee's decd rnnveyitrg the Prepcsiy <br />sold,~recRrrls io 4lre Trustee's deed oboe be prima tack eridencc of the froth of the- uatcarents made therein. Truateo <br />ahit6•apy{y fireprs of the ask ~ the foEowi~g r r: tai to e6 nasoaahk costs sad expenses of the sah• :>•.!udirrg, but <br />sot N:ttePoad for 1' ~ar~ `a frees aF nnf trweo titan I. f Z ~ f 1 "F of for grass Bak price, reasanafde. attorney's tr <...,nd costs of <br />ttWp srtldrncai (W to a9 tutoaa secarrd 6y ehis Used a! trout: sad (e) rho cscass, if any, to the perwn or persons legally tattled <br />tfresato, <br />f1R BwtrorrcFs Right to Ratnsiata. Not-»ittwtanrhng t.rn.irr`. ,zs-rrlrrati.en of the ~nr;+s arr+rctii by rf5i. Drrd +>f 'Part, <br />ftotttrwer drat) have; flu right t[± heart any prnardings htguo hq Lcndtr tr> toforee tk5i5 ihcd of 'frost disc<aumued at <br />any tints pris5t to rho eariNr to c5sxut of iii fhr $fth day bttorr nc~ ~a(s of the I?ota:riy pzrr,,u:.rtt to the tx.wrr of sale Banta+ntd <br />inkhiaDeedpt'Pnntur(ri9e:,arofaptrfgmrnteezt+c-kngthisl7ccJ+~tTruntU rxzB.xn wsrpapal-cnder.ritsumswhichwiwlJ <br />be then due utttiet' tl it L7v-arJ ut fr'ust. fhr !tote .end rx±tca sc~.rrsng Futur yd.asr•~~s it an}, huJ no a:, rltrauctn twturrtd: <br />fret $orruw~r cures alE ArraCtrrs of any other enrrnants s5r agn-,nrtots crt Bat~cSwri canzairmd rn thu i'yerd c+i' Truss. <br />(el fiarr,;wcr pays_att rrascxtahk cx per5scs era rertrd t+v' I.trtJrr and -t'ruszec irs rnforc¢t?g the cr'stnanls anat. agreements .tt <br />Btrrrrwer cnrttadncd ht ihrs teed let 1`rust and zn anttsrc<n+f t.treiteT v arri 1 t;rter'e remeurtz s ~ pr,ri°,de:i :n paragraph }g <br />hemof. ittcfu5fii5g tort nert hmitcd sex rravt+abk attorney's rtes, erect cell N+-r : ~= taA.- a r.=h actit~~~ as t cnslcr nta} tv+n.~nabiy <br />enquire to aiu+rt that -rite fire c( this Decd <ri 1'r .,nt, Ivgaclr;,.{ tnlrtest .. t!r•; Atapetty sr>J Oa. }u+u rr `a .>bh~y«c•n ro pap <br />