<br />'~'?~ 0(14816
<br />9. Condemnatlos. The pr~;ards of am- sward r,r clarm for damagec_ direct or consequential, in connection with any
<br />condemnation or other taking of the Properly, or part thereof, ar for conveyance in (feu of condemnation, are hereby assigntd
<br />and shall be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall he applied to the sums secured 6y this Deed of Trust.
<br />with the excess. if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Deed of Trust such proportion of the proceeds
<br />as is equal to that proportion wfiich the amount of the Burns secured by this Deed of Trust immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice by tender to Borrower [hat the condemnor offers to make
<br />an award or settle a claim €or damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and appty the pmcceds, at Lender's option, either to restoration or repair of the
<br />Property nr to the sums secured h}' this Deed of Trost
<br />Unless lender and Borrower otherwise agree in writinG, any such application of proceeds to principal shall no[ extend
<br />or postpone the due date of the monthly installments referred io in paragraphs 1 and 2 hereof or change the amount of
<br />such installments.
<br />10. Borrower Not Refeasrd. Extension of the time for payment or modification of amortization of the sums secured
<br />by [his Deed of Trust granted by fender to any successor m interest of Borrower shall not operate to release, in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. Lender shall no[ t>e required to commence
<br />proceedings against such successor car refuse ro extend time for payment or otherwise modify amortization of the sums
<br />secured by this Deed of Trust he reason of unq demand made hp the original Borrower and Borrower's successors in interest.
<br />11. Fnrhearance by [.ender Not a Waives .Am' fnrbearanee by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicabe law, shall not he a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the paymem of taxes or other liens or charges by tender shall no[ 6e a waiver of Lender's
<br />right to accelerate the maturin• of the indebtedness secured by this Deed of 'Crust.
<br />12. Remedies Cumulative. All -emedies provided in !his Dceci of 'Crust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust ar afforded by law or equity, and may 6e exercised concurrently, independently or
<br />successively.
<br />13. Succt~ors attd :tssfgns Bauttd; Joint and Several Liability; Captions. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to. the respective successors and assigns of Lender and Borrower.
<br />subject to the provisions of paragraph i7 hereof. .All r~••:ennnts and agreements of Borrower shall he joint and several.
<br />The captiutts and headings of the paragraphs of this Decd of Trust are for convenience only :md 'are not ro he used to
<br />interpret car define the previsions hereof.
<br />14. Notice. Except for anv nonce requrred under .rpplicable taw ;o he given in another manner. (a) any notice to
<br />Borrower provided for m this Deed of Trust shall be riven b}• mailing such notice by certified mail addressed to Borrower at
<br />the Property .Address or at such other address as Borrower may designate h+~ notice u, Lender as provided herein, and
<br />(h) any notice to Lender shat! he given by certified mail, return receipt requested. to Letder's address stated herein or to
<br />such other address as Lender map designate by notice 'o Borrower as provided herein :~np notice provided for in this
<br />Deed of Trust shalt he deemed to have been given ;o Burrower or 1 ender ~.vheu given :.; .he manner designated herein.
<br />15. Uniform Deed of Trost: (;ovrrning Law; Severnbility. Chis ['non of Jeed r.f n~ust combines uniform iocenants for
<br />national use and non-uniform eovetnmts wrth limited aariuuuna by µinsdiuuun m smsuurte a unrfnrm securitc instnunem
<br />covering real property. Thts Deed of Trust ,hall he governed by the Loa .,~ the ;uus+iicuon w +shicit the Property rs located.
<br />In the event that any provision or c(suse ui this Deed ;ai Trust ar the '~anr ~onti~as :+ul~ atrplreuhie !aw_ ,uch cuntlict shall
<br />not affect other provisions of this Deed of Trmt car nc~ tiote which ten ^~c cn~rn clien witha,ut the cunllictittg provision.
<br />and to [his end the provisions of the Deed of Trust .:nd the No[c are rieelared to hr •,tserable.
<br />16. Borrowers Copy. Borrower sitali be furmshrd :t ~untonned cr=py~ <:! ;hr Note end of this De'<d ui -Crust at the time
<br />of execution or after rerurdatimt hereof.
<br />17. Transfer of the Propene; Assumption. it all ,~i ,~n} p .. %~t the Pr per ~+ ,~; .ru intc~ex therein rs wId nr transferred
<br />by Borrower without Lender's prior wntten :unxnt, exc!ud~ng ~.. tht crcatum of a udu or cncuu,hrance wbordinate m
<br />this Deed of Trust, tb) the creaNar of .r purci~ase ~=.unre. ±ecunn- ~,uea•st !ter houschr~ld .,pphaucts_ = i ~ :: trmsfer !xy devise.
<br />descent or hp operation of taw upon the death of :: ;rant Icnant or ~ -
<br />i ender may, .+t I trader, otn,on, .!ce:iare _~!i the Burin uemrd !,+ this Deed al Trust to br
<br />immediately duo and payable. Lender shalt h:,vc :a ,aed .-uch npu.•n m a~.<~mam ri. nriur io rhr ,ale ar transfer, t_endet
<br />and the perso« t+? whom the Property is to be sold ,rr nan,[er.ri :each agreement m wnnng that the credit of such person
<br />is satislacturv to I_indrr sod that the inserts; payable r~n :ne ~c... ~.,.,.. , iw thy, t)ecd of l~nut =.hail he at such rate as
<br />Lender shat! request- It Lander has w-aivr~ rite npu,,;r :~_ ,.cra~r.rie ;rro. me,i ~~ rhi~ ,~a r:~grw pct 17, ;md if Borrower'> +uccessor
<br />in intereae has executed a +critten aasum pt~o^ agrernrrnt .r, ~.epred .; r+„rap: 1s i ~naicr. t ender shall rricunr Hun ow er from
<br />ell obligations under this Drrd cat Trust .card the !cue.
<br />If Lender rxeuius such cptiin a gar r n : s ar e ~f l cill~f'{fion~in "p¢~tSLTii k~iih
<br />paragraph 14 hereof. Such nun e shell prcad ;ci - err- i.,u the date sett notjcir~~~n`4$i wµhiu
<br />which Burrower nia+ t>a) the sums „ccr'-Bred :iua It rir ,,. a. u.,I ". ns ,+nor w the eapi~aHOa of s~put,ad.
<br />Lender rnay, wahuut further aauice or deniaud .ae 8r~,rra a- _~, .,~ar _un ~:..rni~d.c. ;'e u?~iurd hr paragraph--I-$uMerekii ~-
<br />Nan~-U:~tFUatit Cu+ins•. ~>- Hai r.,wa area: (c~„Ic 'u,; irate ,ar•usi :,:,. .: erne .:. rl.~w-s.
<br />tg. Accderatiun; Rrnredies. tacrpt as pro+lded in paragraph i? hereuL upon Bortowrr"s hrrach of an+ cu+enant car
<br />agreement of Burrower ire this Decd of !rust, im lading Urc ru+ruauts to par +t hen due any ,ones secured b} this Decd
<br />of Trost. Leader prior to accelrratiuu shall root! notice to Burrower :w provided in paragraph td hemuf specifying: f l l the
<br />breazh; {2) site action reyairrd to cure -Bath breach; t}r a date. nut le-~ than 3U da}a form the date the notice mailed to
<br />Borrower, bJ which such breach mui 6r. cured; Bud lJl that failure to cure wdr breach on car be Fore the date specified
<br />in the: aaticr nra} result in ai celera[iun of the sums seru«d h+ shit Uecd uY -trust and sale oP the Property. "ITe notice
<br />shag further infunn Boxrawer of the right to «instatr afn•r a crterarimr and the right to bring a court action !o asset!
<br />the: two-existence of a default or any other defense of 8urnn+er to acrderation and sate. If the hrrach is not cured
<br />can ar beFore the date aprcibed io the notice, t.rndrr at Lrudr+'+ option mat dreiare all cat the Burns serurrd b} this Ueed
<br />of Trust to be immediately doe and pa}able without furttrrr dcnrand auil nra+~iu+ukr the power u[ sate and :car} other remedies
<br />permitted by applicable law. Leader shall ba- entitled to +ailect ail r+©sonabic .casts and expenses incurred in pursuing ttte
<br />remedies provided in ibis paragraph IS, including, but nut limited w, rc•:rsuuahle attunte}'s fees.
<br />If the. power of sale is in+okcd, Trustee shall record a notice of drfauh in each cuuuh' in +vhich the Yruprrq or same
<br />port thereof is tocatad and shall mail copies rat urah uuricc in the mennrr prrsuritxd by applicable law ru Borrower and to fhe
<br />other perwns prescribed h} applicabir law. .1Nr the lapse of vuh tour as may hr rryuirrai b_+ applicable law, 'i'ru+kr shag
<br />give public notice uF sale to !hr penuns aura iu the mauuer press ribrd by applirrMe is++. "I rustre, without demand can
<br />Borrower, shat! sell the Property at public nuruu;r w rbe trigha+; bidder at the ;tore and place and under the terms designated
<br />in the noBee of sale in u«e ar orate p«rcrLs a«d in suJr unier as looses mat desrnnine. 'i nacre may postpone aalc of all
<br />car any paters ar ibe Prr;p>:rp by pahhc anrruur+irn.c«t at the store .end plscr r+f ant pre+iousi} schrdakd sale. i.endez car
<br />f.rnderb designer mat purnc~ct the Property of an. pair.
<br />Upon receipt of pap rnent of the prier bid. Tnrstec .half deli+rr to the purchaser "N'rua«e'e Ared r~use}ing the Pnrprrt}
<br />sold. Thr rrciials in for 'Trustee`s deed ,hail ter prima Farir c+ideurr rat the truth of tttc sfaternrnts made therein. 'fnrstec
<br />sleali apply fhe proceeds of sere Bak in rhr fotluYaip~ order: Sul to all «a:unabie a~usis and expenses of the safe, including, but
<br />nut Brttiterl W, Trustae's fees of nut more than ' %~ _ of the gross Baer prier. mau«ablr auonx•y'+ fees and cnsis of
<br />tiSle evidence; {b) to aB supra aaurcd ha this f}red o€ 7 nest: and (: r the rxca`,Rx, 'f any, ?o the pe:a~.wn .?c pciv+rns Irgall}- cmitlyd
<br />thereto. E
<br />19. Burruwrr'u~ k[y;ht to Itehrstmc. -.,t _. . , __ , , +~c<1 rt ITersi. --~
<br />Fkx,r„leer m.i ba+a <br ~igl?t , • '?,rc ,. t. ~ - ,.~... . i ar... - ,urnicd
<br />ens store: i r•t sire .er i~a: +o , ~ , ' .f..., ~ . ,..-,~ .•n .,
<br />car [bra LTc- r ~-S Lrs' r r;i, run f ,~,.,,,.r v.: - ...~.. .. a ':. . -.. e .• : la,;. e, ., ~_ n i ., - ~, .l ,,.h a nulc?
<br />:x' then •...a .n,uar .ti.. U_c.. ~ ., a \ .., ,• .. .., ..., ., . ,.. ,n .. ^rrrd.
<br />Ba„ a -. c I -.. ... r .. e~.r, u
<br />ff rev ,. ix _t ~.. ~.. - ... _... .ai; i,:I-~ _
<br />r ..
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