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<br />9. Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of the Property, or part thereof, or for conveyance in lieu of cottdemaazion, are hereby assigned-.
<br />and shall be paid to Lender.
<br />In the evens of a total taking of the Property, the proceeds shat(be applied to the sums secured by this Deed of Ttttst,-
<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 procrxds
<br />as is equal to that proportion which the amount of the sums 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, afer notice by Lender to Borrower that the condemnor offers to make.
<br />an award or settle a claim for damages, Borrower fails to respond to Lender within 3D days after ihe date such notice is
<br />matted. Lender is auffierized to collect and apply the proceeds, at Lender's option, either to restoration or repair of the -
<br />Propcrty or to the sums secured by this Deed of Tnst.
<br />t%nless f-ender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />ar postpone the due date of the monih7}' installments referred to in paragraphs I and 2 hereof or change the amount of
<br />such installments.
<br />10. borrower Not Released. Extension of the time [or payment or modification of amortization o[ the sums secured
<br />by this Deed of Trust granted by Lender m any successor in interest of Borrower shall not operate to release, in anV manner.
<br />the ;iabilip+ of the original Borrower and Borrower's successors in interest. Lender shall not be required to commence
<br />proceedings a¢ainst Bach successor or refuse to extend time fur payment ar otherwise modify amortization of [he sums
<br />secured by this Deed of TrusC by reason of any demand made by the original Borrower and Borrower's successors in intetsst.
<br />11. ~Forbearanee by Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />nthenvise afforded by app(ieable law, shall nut he a waiver of ur preclude the exercise of any such right or remedy,
<br />The procurement of insurance or the payment of taxes or other urns or charges by Lender shall oat be a waiver of Lender's-
<br />right to accelerate ihe maturity of the indebtedness secured by this Deed of Trust.
<br />12. Remedies Cumulative. All remedies provided-in this Deed of Trust are distinct and cumulative to any ocher right
<br />or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />succ~i xly.
<br />?3. Successors and Assigns Bound; Joint and Several Liabilit}•, Captions. The covenants and agreements herein
<br />cnntamed shall hind, and the rights hereunder shalt inure to, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph 17 hereof. All covenants and agreements of Borrower shall be joint and several.
<br />The cap[iorts and headings of the pacagraptts of this Deed of Trust are for convenience unl}' and are not to be used to
<br />interpret or define the provisions hereof.
<br />?3. Votice- Except for any' notice required under applicable law to be given in another manner, ia) any notice to
<br />Borrower provided for in this Deed of Trust shall be given by mailing such notice fiy certified mail addressed to Borrower at
<br />the Prnpern~ Address or .2t such other address as Borrower may design--ate by notice to Gender as provided herein, and
<br />(h) any notice to Lender shall he given by certified mail, return receipt reyuested, rn Lender's address stated herein or to
<br />such other address as Ixnder ;nay designate by notice to Dorrower as provided herein. Any notice provided for in this
<br />Deed of Tntst shalt tie deemed to have been given to Borrower ur Lender when given in the manner designated herein.
<br />IS. Uniform Derd of Trust; Governing Law; Severabilih'. This form of deed of trust combines uniform covenants fur
<br />national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform securing instrument
<br />covering rest property. 'Chic Decd of Trust shall he governed by the law of the to:indiction in which the Property is located.
<br />In the event that any provision or clause of this Deed of -Crust or the Nute wnflicts with applicable law. such con0ic[ shall
<br />not affect other provisions u( ;his Ueed of Trust or the Note which can he given effect without the conft~cNng provision.
<br />and [u this end the provisions of the Deed of Trust and the Note tare declared ro be severable.
<br />16. Borrower's Copy. Borrower shall be furnished a con [armed copy of rhr Note and of this Deed of Trust of the time
<br />ui axecu[ion or after recordation hereol.
<br />17. Transfer of the Proprrty; Assumption. If all or any part of the Property ,~r an interest therein is sold or transferrrJ
<br />by Harrower without LenJer prior written consent, excluding raj the creation of .: i;cn air encumbrance subordinate to
<br />this Deed of Trust, (b) the creation of a purchase money security interest tar housrholJ appbances, f c! a transter M' devise.
<br />deseeut or by operation of law upon the death of a joint tenant or -
<br />txnder may, at Lender's option, dectarc s!! the our^s secoreu by this i]rea: u! Trust to he
<br />immediately due and payable. [_ender shat: have waived such opton to ascleratr if. , tine :o the .arc ur tr.,as'frr. Lander
<br />and the arson !o whom the Praprrty is t~, be sold or transtrreral reach neresmrnt in avsiti n;* that the er:dit of =.neh prrcon
<br />is satisfactory to Lender and that the inre;est payable on the swna secured by this Deed of Trust sha.i hr at such rate as
<br />t_endrr shall request. Ff La:ndrr h.rs watt rd fhe_ ptiau +. - celrrate prutida.:i in [his eer;a~rapY, . anti if Bor~a,wrr'a sataessor
<br />:n mtemst has executed a written assumption ^grcratenl accepted in wriun¢ he Lender, ; ender +ha!I relea.r Burrnwrr tram
<br />all obligations under this Peed of Trust nd the ~.?ta
<br />if Lender caercises ,ueh nptiun n..~ccrlrrate. tender +h;dl maxi Borroxer nonce ~.+t aecrlerauon :n .+ccurdancr with
<br />paragraph 14 hereof. tiuch nonce shall pt o+,Je .t proud of nor Ices than ill Jays from the :ate 'ha• nonce n a,w1eJ w:thm
<br />which Borrower ma} pay :hr sums .ICCiared sine. If Borrowrr f;u6 to put such r.unn prior ;o the csprcauon ,~f such t'<'nad.
<br />tender may, wititaut Yw't her nonce ..r demand on Borrow-r:, nn-stir :m~ remedies tx:rnu:tai ht paragraph r S hereof.
<br />NoN-linu~oast ilw bHn,u!s. Burrower :mat i_ender further ao+~enant ;utd,q)ypls~ata{MRS~µa'e'f'
<br />!g. Aarceleratiun; Kcuardies. f•:xcrpt as provided in paragraph 17 hrreof, uptbt BOrrotveti: bcesfcb~?of any rov enwd nr
<br />agreement of Borrowrr in this Drrd of 'l'rus4 including the coornanls lu pay when due any Sums secured by this flied
<br />of Trust, !,ender prior ro acrcleration +hall moil noise ur Horrowrr us punided in paragraph 14 hereut speciiving: fit the
<br />breach: 12) the action rcyuired to rare such brruch: 13) a date, nut less than t0 day, from the Barr the notice is mailed to
<br />Borrowrr, by which +u.h brruch mue'r br eared: and 1-0) that fniiure to core ,uch 6rrach nn ur txforr the date .+pecified
<br />in (hr awiice may result in ucrelrrwimt of the swto secured 6r thia Ih•eJ of i'n:at and sak• of the I"roper! v. •1'hr noliec
<br />r,hall further inform Ilornrwer of ihe right to reinstate utter acerierati+m :md the right to brink a court action to assert
<br />the non-existence ut a dclualt ur am uthrr defense of Borrowrr to acadrration and +alr. li the 6rrach is nut eared
<br />on or Irrforr the date +prrihrd in the ~nmicc, Lender ul LenJrr'+ option nmy Declare all ul the sums +ecured by this Deed
<br />of 'l'east w tx imutr+liata-ly due wed puynbte ++ithuut further drmantl and rna} iuaukr the yuwrr of sate sad any other rrntrdir+
<br />prnnitfrd by applicable taw. Lender .hall t>r entitled to rollrcf alt rensunablr costs and rtprnses incurred in punving foe
<br />rrmediay provided in this paragraph Ili, including, trot nut limited tu, rrawnable urtontey`+ tern.
<br />If the power of sale is it»ukrd, -I'nr.+fer shall record a nuiire of default in each counh in which the Poepern• ur saute
<br />pan thenut is located and shall mail cnpiee ut .uch novice iu the manner {rresrriMd M' upplicuble law to Burrower and to fhe
<br />mhar penom pre:xribrd by applicable law. ACler the lapse nt ,uch time u+ may br rrqulrrtl by applicable law, '1'rwtee ,hall
<br />give public rwiice of time to ihe persons and in the nwrulrr peesrribed by applcahle- Yaw. Etta sec, wiihaut denwnd on
<br />6orrawer, shall aril the Proprrty al publc such+rn to the highest bidder at fhe Time :utd place wed audrr the loons designufrd
<br />iu the ^vtiee of wlr in one ur nmrr parcels and iu aurh order as I'nuke tray determine. 'tYusrrr map poafpune sate of alt
<br />ar any parcel of the Proprrty by publc mnuruncemrnt at the time :md place oY anv perviously +chrrlulyd +:de, 1•ender or
<br />Lender s designer may purchase rhr Froperty al any salt.
<br />l!twn rea-eipf ul' payment of ihe prier bid, fouler shalt delirer to ihe purchnsrr L'rustee's Jred rultveyiug Ihr Pnrpertp
<br />.wdd. 1'he recitals in the 'Yrustrr's Drrd shall be prima forte raidrncr of the trwh of the siatrnteuls made thrrriu, 1'rusfrr
<br />strati apply the proceeds of the ,ale in rhr follolvi~t~ rrdrr: tat to all rrmouubtr ant. anJ rxlrrrnrs of Ihr sxle, inchrding, bur
<br />not liwited to, 77usler Fors of nnl more Ihun ! ~ OP 1 `^ of Ihr gross sate prier, rcusuuuble attorney's fees and rusts of
<br />title evidence; (h) to all snots securvd 6y this Drrd of ~1'nur; and td the excess, it anv, to rhr person or prrsmts legally rntitlyd
<br />fherelo.
<br />fY. borrower's Kight to Krinstate, votes ithaanJmg LrnJer\ acceleration of the .was secured by :his Pend o! I rust.
<br />Borrower shall hove Ihr tight to have anv prucerding+ begun by Lcndr: n anl+rr~e this Urea! ,,I' 1'ru+! ,liseonluu:ed at
<br />any tape prior to Ore rather a. attar of ut the riflh d:n~ t+eRxr Ihr .ale of the Tropeny= pursuant to rhr tx~a+~rr +H Sala c++ncunrd
<br />in this t)reJ of Truer artiil envy ad :. judgment enforcing this DCCJ ++f "Crest il: L+1 Bnrro~rr pu++ t ender all tune which wool,!
<br />i+c thvn due under this P~J u( Iru+t. the Nate and notes securing Funrm :1Jvancr+. !i ;ury, h;nl ru :+uriera:nm v.:rnu cJ.
<br />(b) Borr,wer .ure+ aB brcaehus .; any other cavcn;mts ur agree'men[, of Ren'awer costar:xa in Il,n Ueed :+f y
<br />(c) Bunaswer ;.av+ all rea+onahle rs~pe-uses ireurred b}• t emfrr and Trustras in rnft+ro:ng rhr soar ncnls .m+! a:;rcrwents~ et
<br />Ruunwer cuniautrd in the LheJ ut l rust auJ iii rnl'orcing fender's ,mJ tn:otcr\ rcmeJics .o+ p aeiJrJ m ;+at agr:+ph tX
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<br />trereol including, but art hm,ted to -asonahtc auctrnvv'e far- :.nd ids f3orr. aver r -ash a tun as 3 ruder eat} tea+on;+hh
<br />:rgwrc to u+surc that rhr i::;n +,i th:c ihctl ut ~ftu.+!. t.a•ndtr~+ m!rr'ea ~r+ the i't~tepnrt+ .:na? !tot r,~a+cr•+ oitbgatinn t,• i,:r+
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