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<br />9. Condemnation. The proceeds of any award or claim tar damages. direct or consequential, m cnnnec[ion with an+•
<br />condemnation or other taking of the Property, or part Qlereuf, or for conveyance in lieu of condemnation, are hereby assigned
<br />and sha(1 be paid a Lender.
<br />In the event of a total taking of the Property, the proceeds shat: be applied to the sums secured by this Beed of Tout.
<br />with the excess. if any, paid to Bnrrowcr. In the event of :t partial taking of the Property, unless Borrower and Lender
<br />n[herw•ise agree in writing, there shall he applied to the runts secured by this Decd ui Tntst such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums scented 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 10 Harrower.
<br />If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that [he condemnor offers to make
<br />an award or sctQe a claim far damages, Bnrrowcr fails to respond to Lender within 36 days after the dare such notice is
<br />mailed. Lender is authorized to collect and apply the preceeds, at Lender's option, either Eo restoration or repair of the
<br />Property' rr to the sums secured by this Deed of 'Trust.
<br />unless Lender and Brrrower otherwise agree in writin¢, any such appiica:ion of proceeds to principal shall not extend
<br />or postpone the due date of the monthly instalirncnts referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such installments.
<br />IQ. Borrower Not Re}eased. Extension of the time Cor payment or modification of amortisation of the sums secured
<br />by this Deed of Trust granted by [-ender m any successor in interest of Borrower shalt oat operate to release, in any manner.
<br />the liability of the original Borrower anal iorrower's successors in interest. Lender shall not he required to commence
<br />procee:Jings against such successor or refuse to extend time far pa}•ment or otherwise mndity amortization of the sums
<br />secured by this Dced of Trust by reason of any dem:md made by the anginal Borrower :md Borrower's successors in interest.
<br />i L 'Forbearance by Lender Nat a Waiver. Any forbearance by Lrnder in exercising any right or remedy hcrennder, or
<br />otherwise afforded by applicahle law, shall not be a waiver of or preclude the exercise n( any such right or remcdc
<br />The procurement of insurance or the payment of taxes ar other liens nr charges by Lender shat! not br a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secured by this Deed of Trust.
<br />. Remedies Cumulative. All remedies provided in Ibis Ueed of Trust are distinct and cumulative to an}• other right
<br />or remedy under this I'iecd of Trust or atTorded by law or equity, and may he exercised coticurruntl}•. independentty ar
<br />successively.
<br />33. Saccessrsrs and :4ssigns Bound; Joint and Several liability; Captions. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shad! inure to, the respective successors and assigns of lender and Borrower..
<br />subject to the provisions of paragraph I? heseuf. Ail covenants and agreements of Aorrower she€I he joint and several,
<br />'the captions and headings of ifre pareygrtpfis.of this peed of Trust arc for rnnvenienct only and arc not to he used to
<br />interprtt or define the provisions herea[.
<br />/4. Notice. Except far any notice rcyuired under applicable law to he given in another manner, lal any notice to
<br />borrower provided for in this Beed of Trust shall he given by naaiting such notice by certified mail addressed to Borrower at
<br />the Properly Addtess. or at such other address as Bnrrowcr may designate by notice to Lender as provided herein. tend
<br />{b) an}• notic_ to Lender shall he given by certified mail, retuen re::eipt requested, to Lenders address stated herein or ro
<br />such other address as Lender ma}• designate by notice to Borrower as provided herein. Any notice provided (or in thi>
<br />Deed of Trust shall be deemed to have been given m Borrower or t_cnder when given in the manner designated herein.
<br />15. 6Jedfarm fired of Trust: Governing l.aw: St:verabiHfy. This form of deed of trust combines uniform covenants for
<br />national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument
<br />covering real property. This Derd ot` Trust shall be governed by the law of the jurisdiction in which the Property is located.
<br />In the event that any provision or clause of this Decd of Trust or the Note conflicts with applicahle law, such conflict shall
<br />nut affect other provisions of this Decd of Trust ar the Note which ca» he given elicci without the conflicting provision.
<br />and to this end the provisions of the Deed o_ f Trust and the Nate are declared to be severable.
<br />Z5. Borrower's Copy. Horrow'cr shall 6e funnshed a conformed Copp of the Note and of This Dced of Trust at the time
<br />of execution or after recordation hereof.
<br />1?. 'i'rarrsfrr ai for Frupirty; Asrsamptlon. if all „r any part of alit Property ur an interest therrin is sold ar transferred
<br />b}• Harrower without Leader's prior written consent, excluding MI the creation of a lien or encumhrance ntbordinate [n
<br />this Dated of Trust. (b} the creaEion of a purchase money security inteayt for household .appliances, ta) a transfer by Gevdse.
<br />descent nr by nrratian of !aw upor. alit death of a ;Dint tenant or
<br />Lender mad. rt Lender's aptiun, declare all the rums secured by this Decd at Trust to he
<br />at^.mediate!y dui o_nd ss=vab".~. Lender shall .have u,~ved such opiic,n to auCelCrnte i{, pr~r to tF.r save :tr Yr ar•.gtg:, L t:td,r
<br />:end the person iu wF.otn the Property is to. tae sold ur transferred rcac:h agret:nem iq writing that ;he credit of wch prr~an
<br />-s satisfactory i- r_endcr a ifrat the inreresi par:ihia oti ilia surrv secured FsY this (lead of 'Trtfsl shall ha at such rate' as
<br />I-ender shall request. If Lender has waived the option to accelerate pa'n'icles en this par:agrtph 1?, ;end if f3ormwers successor
<br />in interest has tsecuted a wnucn assumption agreement accepted in writing by Le_ndir, Lender shall release Borrawer tram
<br />all ahiigatians under this Decd of Trust and the Nate.
<br />It 1_tnder cxc cisrs <_uch npuon to accelerate. Lender ah:tll mail Born,wet nonce n( atrelerviun m aecnrd:uxe with
<br />paragraph F4 herenl. Such notice shall provide ^ period at not Icss than 30 days loon the date the nonce is mailed within
<br />which Borrower ma}' pap the sums declared due. It Bnrrouer f:,i6 ua pap such soma prior m the expvation of such period.
<br />Lender ntay, without further notice nr demand on Harrower, invoke any remedies permitted hp paragraph I8 hereof.
<br />Nax-l':vtroae+ Caververvrs. Horro+vcr and Lender further cmtnam :md agree as (allows:
<br />1i3. Acreirratian; Remedied. Except as provided in paragraph 17 hereof, upon Borrower's breach of any a•menant or
<br />- agreemrrti of Hortower in this Dred of 'trust, incinding the covenants to pay when due any sums secured by this Ueed
<br />of Trust, [xnder prior to accelerrfian shall mail nolim kr llorra+vrr as pru+idrd in paragraph 14 hereof specifi~ing: (11 the
<br />irrearh; (Z) the artian required to curt such breach; 131 u date, not {ess than 30 days frmn the date the notice is mailed to
<br />Harrower, by which such breach must br cnretl: uud tai that faihue to curt .uch breach un nr before the date specified
<br />fit flit notice may result in aecricration of Qn• rums srcured b} this Drrd of Trust and sale of the Pntprrty. T'hr notice
<br />shall further inform borne+ver of the nghl to reinstate after aeerleratimt and the right fo bring a canrt action to assert
<br />the non-rxistrnre o(a rlrfuult or am other de(ettsr of Harrower to oet'e{eratinn and salt. If the breach is not cured
<br />an os Ixfore the date specified in the notice. Lrnder at E.endrr's option may declare ull of the cams secured ter this Dertl
<br />nf'tntsl to br immedi:ariy dur and pxcnbkr witlunrt furtttrr tirmmuf and may invoke Qtc power of lair anti m»~ other remedies
<br />permitted 6y' applicably law. Lender shall tar entitled to collect all reasonable coots and esprnses iacurred~in pursuing the
<br />tcmetfies provirlyd in this pamgraph tfl, including, lint not limilctl tn. rcasonnbir attorney's Fees.
<br />If the power of sale is invoked, '1'rustre shall record a notice of default in each county in which the I'roprrty ar some
<br />part thereat is located and shat! rani! copies of such notice in the manner prex•ribed b} appReabie law to Harrower and to the
<br />x:,3:t: pe.,aas pr::; ~•d bt sppflcabit law. ate :ht lapse of such time as nut} Se rrynfred by appticabir law, Trustee shall
<br />give public naatice of xalc to the persons and in llte neonate pscart ihrd ht appHcabh: inw, '1'ntster, without denwud ml
<br />Borrawer, shall self the Property m public auction to the highest hinder al the elate and place and under the rcrms dexignated
<br />in ihr antler uF sole in one or morn parcels and in such order as Tatsire nmy driennine. TrnNcr may pmryrone salt of all
<br />or any Pater! of Qtr Pmprrty by pn6iic annauncentrnt at ibt• time and place of any previously scheduled dale. tender or
<br />-Lenders designer may' purchase (hr Property at any sale.
<br />Upon rcreipt of payment of the price Lid, Truster shall delta cr In the purcharrr 'tntstee's rlyeti cnnvel'ing the Propen}
<br />sold. "I•tte recitals in the 'trustee's deed shall trc• prima facie aridenco of Qtr truth of ihr stairntrnR made therein. "Truslyy
<br />shelf apply ttte prareeds of the sale in the fnllawinbb~ order. (;t) to ail reasonable nrNS and exGenses of the ra{c, inchuling, but
<br />not limited lo, Trustee's fees of not more than 1; L OE 1 `% of the gra. s sate price, reasonable attorney's fees :md casts of
<br />1BIr rvidenm; IhF to ^if sums sceurni Icy This Drrd of 'inert; and Ic) Ihr rxycss, if anp, fo the pyramt or persons legally entil{ed
<br />thereto.
<br />19. 6nrrnwcr's Right la Bcindate. Nunshhsuutding I rndaA ,i cricru inn nt the „nos , cm rd hr' that Ucttl a( -tuna.
<br />hornnver shall have Ihr rit•ht la have any pr edingr hct~,un by lender In cis urce thn Ihcd ui lYnri Jurnnlunic•d at
<br />any time poor to the e.u lice to ,recur of to rhr liI'Ih clay bclotr the ~.uk of Iba Paq,:~rn itn , ,~. ul n• !hc pu ul ,ale c ml.,ux•d
<br />n this Decd of ~Tntsl ar lue roan' of a ludgnatnt enforcing [hit Ueed of Tnui ti: In t H,nnns rt P:,+~ I ender .all wear ,vhtch +„ndJ
<br />he thee. due under this Dcccl of trust, the Note ;mcl nines x:c;nmg Puttxc :?dv.,ner+. it .;nc. hint no „c:cler:uum oca,ra•d:
<br />Ihl Bean,aver ~:urcr ;d1 hrrnchr..+ of any other c vroants or n¢nxmcnh ,- licarrou er u,nim ncd m Ih;r Dead nl -I not
<br />lc) Boraau-er pays all rc:rsonahlc e,pcmer urcurred by Lender and ll nrlcc tin enforcing the . aa_ anh and op•rrcmenl•. „t
<br />(3errarvcr a+mainai in ti:n l7reci of ;'; uu noel iu cnlarcing t..rndyr. ,md -i~nntcc', ;cmcdic, .n p:,,v:Jc<i m pnragryah i5
<br />hereof, inetuuhlg. lint m,l hnricd In_ r onahlc .dtnrnr.A tccs::uni idl 19,rn•wct ri6c, s t.h .ta lion .n 1 cadet uu,a i •,ceh!v
<br />reyuuc to assure that rhr hen ,u Ihts ~Fh~rd of trust. i.cndcr. :nn•rc,l in !hc Pr nl+enr ,end limrc,u rr, uhligntum t~• i~:,s
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