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<br />9. CortAemttatbn. 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 condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />1n the event of a total taking of the Property, the proceeds shall be applied to the sums secured by this Deed of Trust
<br />with the excess, if any, paid fo Borrower. In the event oC 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 [o that proportion which the amount of the Sums secured by this Deed of Trust immediately prior to the date of
<br />taking bears [o 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 abandaaed by Borrower, or if, after notice by Lender to Borrower that the condemnor oHets to make
<br />an award or setNe a claim for damages, Borrower fails to respond to Lender within 30 daps afrer the date 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 Trttat.
<br />ilnless Lender acrd Borrower otherwise agree in writing, any such application of proceeds to principal shalt no[ extend
<br />or postpone the due date of the monthly installments referred to in paragraphs I and 2 hereof or change the amount of
<br />such mstalhneou.
<br />10. brrower Not Relasert. Ectension of the time tar payment or modification of amortization of the sums secured
<br />by this Decd of Trust granted by Lender to any successor in 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 not be rcquireet to commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amottiza _.i of the sums
<br />secured by This Deed of Trust 6y reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />ll. ForAearawce by Lewder Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not be' a waiver of or preclude the exercise of arc such right or remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not be a waiver of Lender's
<br />right to accelerate the ntaWrit}• of the indebtedness secured by this Deed of Trust.
<br />12. Reatedies Cuatw4tive. Ail remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />sucrosivUy.
<br />13. Saceeaets awd A~ws Sowed; Joint and Several trabiBty, ; Captions. The covenanu and agreements herein
<br />contained shall bind, acrd the rights hereunder shad mare to, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph 37 hereof. Ail covenants and agreements of Horrawer shall he joint and several.
<br />The captions and headings of Nte paragraphs of this Deed of Trust are for cam•enience only and arc not to be used to
<br />imerpret or define the „xavisiotts ixrcef.
<br />10. Notice. Except far any notice rcgmrcd under applicable law to be given m :mother manner (a) any notice to
<br />Borrower provided for in this Deed of Trust sha0 be given by mailing such notice by ceniFtd mail addressed to Borrower at
<br />the Prooerty Address or at such other address as Borrower may designate by notice to Lender as provided herein, and
<br />ib) any notice to Lx:nder shall be given by certified malt, return receipt requested, to Lender's address stated herein ar to
<br />such other address as Lender may designate by notice to Harrower as provided herein. Any notice provided foe in this
<br />Deed of Trust shall be deemed to have bern given to Borrower :,r Lender whin given m the manner designated herein.
<br />IS. 17wiform Deed of Trash t:overaiwil [aw•; Severabifih. This form of deed of trust combines untfarm covenants for
<br />nauonat use and nun-uniform covenants with Gmrted Narrations h} jurisdiction to constitute a uniform security instrument
<br />covering rpl property. This Deed of Trust shall he eoverned by the Eaw of the jurisdiction in which the Property is located.
<br />in flit event that any provision or clatue of flits skied a[ Trust nr the Note cenfticts with appitcable law, such conflict shall
<br />not adeef other provisions of this Deed of Trust ar the Note which can be given effect without the conflicting provision.
<br />and to this end the provisions of the Deed of Trust and the Nate arc declared to tx; severable.
<br />I~. Dorro.rer`s copy. Horrawer shall be furnished a :cnformed :apy of the Note and of this Deed of Trust at the time
<br />of execution or after recordation hereof.
<br />tT. Transfer of tie Properly; Asamptba. if all ar any part of the Pmperry or an interest therein is Bald ar transferred
<br />by Borrower without Lender's prior writun consent, excluding t a 1 the creation of a lien or encumbrance subordit:ate to
<br />this Deed of Trtrst, Ib) the creation of a purchase money securiq~ rnterest for househafd appliances, tc) a transfer by devise.
<br />desttat or by operation of law upon the death of a toint tenant ar
<br />lxnder may. at fender's aptron, declarspsiitira,rauwsatetttedtt9e.ahig eed of Trust ro be
<br />immediately due and payable. Lender shad have waived such opuan to aces~atattt if, print to-the sal X r transfer, Lender
<br />and the person to whom the Property is to ht sold nr t,^ansferred reach agrr~titettp tltyvfitirtg:Nu' ~titaec;4tiiit±of such person
<br />is satisfactory to Lender and that the interest psyahk an the sums secured by this Deed of Truce shall hc'`at such rate ns
<br />lxnder shall request. If Lender has waived the opuan to aiceierate p€aN•rded in this paragraph ??, ant, tf Borower's successor
<br />in ialUest has ctecuted a wrtten assumanon sErOemcot accepted m-writing by Lender, Lender shall teieaec Borrower from
<br />all obligations under this Deed of Trust and the Nate.
<br />it Lender exerrrses such aptron ro aceeierate. Lender ,hail nisi! Borrower notice e*t acceleraunn =.+' accerdarce with
<br />paragraph 13 hereof. Stroh notice shall pravrde a period of nett less than 3tr days fmm the date the notice rs mailed within
<br />which Borrower may ps} 'ht runts deAiartci due. Rf Horrawer fails ;a pay such sums pour a~ the etpvauon of such oericni.
<br />Lender may, without fnrihet r:N.:ice ar demo::-,d an Harr;?.we,_ :r, eke atry rented~a per„toted h.• paragraph .., hereof.
<br />Noll-L:.r'tvcutst Covpre~TS. Harrower and fender fun her covenant cad agree as t.?liowa
<br />ti, Accekrriow: Rtaredies. Except tb provided in parteKrapb 17 htreoi, upon Borrower's breach of anY covrnanl or
<br />apcemeat of brewer in tits Deed of Trost. includirgt the covenants to pay when due any sums secured by this Heed
<br />ell Trust, Lea/er prior to aretieradoa stall mail notice to Borrower as provided in partgtraph IJ hereoF specifYiigt: 11) the
<br />besacM: t2) tit arviow rtyrired to cure srreb breach; i3) a dale, not less Chart 30 da}s From the date the notice is mailed to
<br />Sprnrser, by wttici such breach mwl be cured; cad tit that faiiurt to curt sorb trreach on ar before the date specified
<br />is lit raNiee may resuh is accekratiow of tie cams sacared b} this Dctid of 7'rasi and Sala of the PmpertY. The notice
<br />sia4 fwrt-er inform Sormwer of t4 riot ro reiavtate after accrleration cad the right to bring a court action to assert
<br />tic aow~exisDrre of a detach ar anY otitr deieavc of Borrower to acceteratioo and sale. !f the breach is nW c•ured
<br />ea or lsefarc lie dale speziGtd in tbt noliee, !.cadet at 1_ender'v option may declare all of itre some xcured by ibis Ueed
<br />of Tract to lee imraediateh• dot cad paYatMe wilioW frutier demand cad tray invar{tc the power of sale and an} ut her remedies
<br />perrwitled M appGcaik taw. Lender shall be emitted era colket alt rtasuttaMe case and axgenses incurred in pursuinK the
<br />rues proviitrl is tits gaca~rap6 18, irxladq>E., true mu limited tu, raauartable attorney's Pees.
<br />If f4 porvtr of sate is iav oiled, Trustee vhaU record a notice of default in eae•h coualy in which the FrapertY nr some
<br />pct tlrtrcof is treated cad ebaB twat! copies of such rwNict in the tnanaer prescribed by applicable law to Borrowrr and to the
<br />olio }etsrras prescribed by appticaik law. After tit lapse nt sorb time as auy lee reynired br applicable law, Trustee .hall
<br />~j L puiBt mtiiee of snit a the persom, cad is tit manner prescribed by applicabe law. Trustee, without demand an
<br />Ravrrower, sbrts r+tll tint Property at public aattiow ixr the bigtresi bidder at ttre tiror sod glace sod under the terms desiprtated
<br />is t4 ratite of snit is owe a wrstt paretic and in saeb order as Traeite may determine. Trustee may postpone sa#t of aB
<br />ar try iureti et tic ltopcrtY try puYlie aawuuwccmrw al fir time and plact xsf anY grrr ioaely scheduled sale. fender or
<br />Leaier's dtyigaet lacy prtrtbace tit PeoperlY >M gay sak.
<br />l3paw receipt of paymem of tie price lid. Trustee shah deliver fo the purrhastr Tru.tr-e', <iced court}ing rht Properly
<br />rpii. Tit reeifWc iw tic 7'rvaiec`c decd .iatl bt prima facie Evidence of the truth of itte statements made therein. Tmslte
<br />rhos apply tie proceeds of tare sak is tie folbwip~ order, ta) to nit reawnablt rusts and eaptnu. of the .alt, incfudettg, hat
<br />woe kLltiled pt, Trweiee's tees of not route titer l~ ~ O~ 7 `-G of flit grozti sale prier, reawnable xtiornty's fees and costs of
<br />title erWeacr, ttit io aL sants.secuted by Itsiv Ikcd of Trust; nrtd frt the excess, if an}, to the parwn or ganmrs irgattY emitted
<br />tietara,
<br />l9. brrowetx Ritltt to Rtiastate. Natty dfxo=andeng Lender's acccleranau ut the .~rsn ~, or,urcd by thn Decd :'=1 1 nas;_
<br />&arrawer s7ralt have the right to havr any pr.x:azdiru2v begun by Lender t,~ ;`nf.>rce rhi_, f}red „t T~rv~,i dsc:xrnnt,cd nt
<br />srty time nrixar to tl~ trrl,ier to cxcar of iri the fif t?t cia} fx~os2 the sale of the !`topcny txrr.::-attt t.• flit lti:u r; ,d -+ak_• c_,n;.n reel
<br />in this Dtesl t>f Trust ar fur cnlry t>f a judgment nttftxting this Deed of Trust .f~ tot Btrrrcra e: iru: ~. I rndrr .d. vim;,, •,. h:ch u,vd,i
<br />t>zthe;t due ursdcr flits lleer3 tsf Trrst, the 'Yota acrd aate3 seerrrng 1=uturc Ad:xnccs. ;r e ;a, lad r reicratr+,n sm.urmd.
<br />Slit &xtx:wer e'atc-: '3i brcarchts r~S arty other iavcri,tn[z or agrcemcr+ii ni i3ar. t,un ,..zntaru.~i ui~ihis f~ta: c•J ~~, Lr„
<br />{ct Born-war payy xll renx>raablt expense ma< rrrc,,l by I ruder nd i ,ti {„ t [n ~ t .t rk~ccurcm, .-.
<br />Bt:trri?.-et c~vrtgrncd :n this Dti-d +if Trrxu :.nil in cnf:nsing fcnd..r .. ~,d T". ,~ .•a•-. ' ,u~d.r... .i.t -,. rr uy;r. )~?•
<br />i~`e•ztf. iy.~#lin;. hsst ~d larutrd ne.:,~~n.="chic a?t,.r s fres. ,r e. .... .akc. ._ - .. , ~..~>.r - -.,. ,-,,. .
<br />r~~iare is aa+,usr; th~r tlsy- fern :,f HI»s C>k;ed r+f 7-tae, ~1 v:rr7cr .r,. ~., s, ~ - .;.-~ }`r..a c„ • ;.3 1" a ... .. 7 ! ., _.... ..,.
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