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Sd-~ QG4109 <br />9. Cmrdemnatioo. The proceeds of any award or claim for damages, direct or comequential. 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 Leode:. <br />In the event of a total taking of the Property, the proceeds shall 6e applied to the sums secured by this Deed of Trvzt, <br />with th¢ excess. if any, paid to Borrower. In the event of a partial taking of the Property, unless Borzower and Lender <br />otherwise agree in writing. there shalt be applied to the sums caned by this Deed of Trust such proportion of the prorxeds <br />as is equal [n that proportion which the amount vi the sums secured by this Deed of Trust immediately prior to the date of <br />taking liars to the fair market value of the Property immediately pror to the date of taking, with the balance of the procceds <br />paid 4o Harrower. <br />If the Property is abandoned by Borrower, or if, after notice by Lender to Botmwer that the condetanor 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 />mailed. Lender is- authotiz¢d 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 Trust. - <br />L'nless Lender and Borrower othenvixe agree in writing, any such application of proceeds to principal shat) not 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 installments. <br />10. Borrower Nat Rekasarl, Factensior, of the time for payment or modification of amortisation of the sums secured <br />fiy ibis Deed of Trust granted by Lender to any successor in interest of Borrower shalt not operate to relearn, in any manner, <br />the liability of the original Borrower and Borrower's successors in interest. Lender shall not be required to aommetsce <br />prviceediugs against such successor or refuse to eztend time for payment or otherwise modify amortfZation of [he sums <br />secured by this Geed of Trust by reason of any demand made by the original Borrower and Borrower's successors-in rntertst. <br />l 1. ~Fotfiearance by tinder Not a Wtdver. Any Forbearance by Lender in exercising any right or comedy hereunder, or - <br />otherwise adorded by applicable taw, shall riot t?e a waiver of or preclude the exercise of any such right or remedy. <br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall not fx a waiver of Ixnder's <br />right to accelerate the maturity of the indebtedness secured by this Decd of Trust. <br />12. Remtdies Cumrdativr. AU remedies provided in this Deed of Ttvst are distinct and cumulative to any other right <br />s remedy under this Deed of Trust or atiorded by law or elauity, and may lye exercised concurrently, independrntly or <br />tiUGCe34[ve#V. <br />13. Successors and Assigns Bound: dofnt and Several I,iahilEty; Captions. The covenants and agreements herein <br />contained shall bind, 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 captivns and headings of the paragraphs of this Deed of Trust aru fur convenience only and are nor tv he used tv <br />interpret yr define the provisions hereof. <br />'!4. `Not#ce. Lxcept tvr :m: notice regvrred under apphcablr i:uv :v he given m :cnnthcc manner. (at any notice to <br />Borrower provided for in this DeeJ of Trust shall tie given by rnaihng such notice by certified mail addressed to Horrowar at <br />the Property Address or at such other address as Borrower may designate by notice to Linder as provided herein, and <br />,b) any notice [e Lender shalt be given by certified mail, return receipt, requested. to Lender's address sutteJltercin or to <br />such athrr address :rs Lendr. stay designate by notice ro Borrower as provided herein. :1n)! notice provided €vr in this <br />D¢ad cf Trust shall be deemed !o have peen given in 8vrrowrr .x l-ender when given m the manner designated herein. <br />i5. Un#foem i)eed or I'ruse (~arerniug Law: SrvenbUiiy. 7hn form of derJ of trust combines uniform covenants for <br />na[ienal use and non-urrform covenantx with iuniteJ sar.atium by mnsJiuion n+ constitute a uniform security instrument <br />covering real propene. This Deed of 'Trust shall he governed hs ;he-taw ut the ~urisdidion m which the Property is lax:ated. <br />In the event that any provision or douse et this i}ceJ of ~I'rm[ nr the Note ~onlhcu with applicable law, such conflict shall <br />not affect other provisions of thu FyeeJ of l"rust nr the Horn which un he grvcn r, tfect without the conHicnng provision, <br />and to this end the provisions of the Deed of Trust :mJ the dote .err declared ro t*e severable. <br />ib. Borrower's Copy. 8acrower shall hr Aumshed a vnformtd a+py ++t the Mute crud of this Derd ar Twat at the time <br />oP execution or a(mr recor<ianon hereof. <br />37. Transfer of iAe Property; A~®mpt~a. It al! csr any- part of the Property or an interest ;herein is soFd ar transferred <br />by Borrower without Lender's print wrieten cnnsnnt, rxdudrng : a r the ercallon of a lien ++r cneumbrancr subordinate n+ <br />thu Derd of Trust, i h i the aeauon tit a purchase nwney ,ecurrn' rvcrest fur household appliances, : c t a transfer M• drnst. <br />Jesccm yr by operation of law upon ihr death uC a i+~+int tenant nr <br />tender man, .n t enders option, decam'e a!1 the sums secued by this Decd of Trust to hr <br />unmedintely due and pagabic_ lender shalt have wan eJ such ~+gus•n o+ axcierate :i_ rrrnr r+• the zalr ar transfer" t-eneier <br />and the p~^ott :.+ whvtn the proptrt :.s t:, r+c ?lrl ,rr transfer: _•ar r...h .agrcerncm in w-rr[ing That Ihr: credit .+i ;uc=? 1?erson <br />+_tc, y - - enJa°°, that t , ta:.t i is iii: on , , ....n eu t: (~ ., i r +•+a i; t sash rate et <br />Lender shalt rcyuest. It t coder has waived the npni+n :.? ecdeler.rtt pnava,!cJ ui tint pur,?gru ph.: end r Borer+wcr's si:ccessar <br />int.,ra-st t ,eeute;, :: ,ten usauncpt?c:.c ;.grerncc•:1 ....,?teJ -.-+ ys r,ir, ~, - . , ., .v~.. t..ai.. -...... ,I;,;. . f9.,r. r,v-cr !.... <br />all uls!iaut:rrns !.:rider this f?c'cJ of Trust anal d?e 'v'+.~tr. <br />t( Lender cyercrses such option la .,~cclcrate. 1 ru.!er ,F+aii :,, :; R;:rr:naei .:. .. ..cie•rat:.uc ::. .._arJartee u::h <br />paragraph 14 hereet Such notice shah pros rile o. rxrral of ,rot I. ,st h.m to dos. ; .,.. ,i.uc :hc .:.n.,,- ~. - e,ltd wuhin <br />which Bortvwcr uwy p,es the runts deciarrJ dot. II Borrvss ti ful~ ~ p.r wsh •~um~ ~•: ~:•r ; % the aaprrdn~a+ :~t-such Ixnnd, <br />Lender nary. wnhvut turther notice or demand ou i3un~ow er. ~:.+„F,e .: r.y ~u:+cJic+ ~~er r,nurJ r. C:r.r graph .5 het er,t <br />V~o++-t "nu oas+ (nv r.nnb a. Bvrrewc•r .:rid i amei Iert her .r:s cr..w! .,na ,grey -. loll:+w+ <br />!g. .-\ccrlcrativnt R¢mrdies. F'scep# •rs pruridrd in paragraph V hereof, upon Rorruwer's breath of any ors errant ur <br />agrernrrnt of Rormwer in this Deed ut 77ust, including the uyerunu to par +. Mrn due any +ums +rcun•J bs this Derd <br />of Trust. l:rnder prior wee crlrralhm ,hall mail ootirr io Rormwrr as pm.idrd in paragraph I~ hen•uf +predyiug: It) the <br />ttreac h: [21 the action rryukrd In enrr Hach breach: t1# a date, not la+ Ihvt 3U day, from [hr date the nauire is mailed to <br />Borrower. by -whkh +uch irrrsch mutt hr cured: and NI that failure to curt +ucN breach un ur trrtura• thx dsEr +pecifiavl <br />in the inciter enay nrsuli in acceleration at the +ums created by this tlierd o1 f rust and sale ui Ihr Property. ';~he nWfer <br />,hall further iniornr Raaowrr .rf Ihr right to rrinslalr after accelrrauun and (ter right to brink a court action w nsa¢rt <br />the nun-exLxt¢ncr of a rlrtauh ur am uthrr Jefrnsr of Rornrwrr to acceirratron and ,air. iF the i+rcach h nor cured <br />on or treEurr the date +pecitred in she notice, Lender at Lender', oylion may dretare all of the wins utvted ny Ibis llrad <br />of Trust to br inrmedielrl} due and payable without furihrr demand and may invoke the power of +alr unJ aria other rcrnedir+ <br />p¢mriltrd by appliaablr law. !.ender .hall t?r rntitkd to collect al{ rrawnable ar,.u auJ cyprnxs iucurrrJ ire punning the <br />reme#firs prosided in this paragraph 98, indudiug, bin not livehrd hi, reasamab;r at/ornr}•, Iea•+. <br />if rile power of sale iv im caked, i'rustre ,hap record a nnticr ..t rictault m each county it shicU the i'n+prriy car ,Dint <br />port thereof is hrratrd anJ shall mail copies u( wch notice in the manner prise rihrd by app;icablr law w Burrower uml In the <br />mh¢r persons prrsrribed by applicable law. 1it¢r the lapse of such time as may tit rryeired Dy applicable taw, 7Tuster shall <br />givr public Holier o[ sale to the persmts and in the manner prescribed by applicable taw. 1'ruslrr, wilhmu demand on <br />~•€~w~er, ?h;dt III the Prcrprrty at pelrlh: avctinn tee the hEg#irst hlddrr at ihr liner and place =sod itr[dcr nc~ runt: desttontrd <br />in the uu#ire of uric in orte or nmre parcels uud in such order m 'I'rusrrr may detrrn:ine. iYruter cony postpone uric nF all <br />car nay parce3 of the Properly by public anuouncetrrrnt at ihr stmt and place of an} previously srhrdulyd sate. Lradrr ter <br />irtrder's designee may purchme the Property cat any sale. <br />Upon rerript of payment of the price bid, Truster shell drlher to the purchaser '1•ruslre's dyed conveying the 1'rnprrty <br />.,aid. The recitals iu the Trustee°s deed shall Ire prima facie eyideure of tltr tnrih of the stutrmrnls made therriu. 'Trustee <br />.bill apply the pnrcreds of the sate fn the toBowilry order: (a) to all reasuna6le costs and expenses of the sale, indudiryt, hat <br />nvl Iimi#ed to, 77ustre's fees of not more Than 1/' L Of 1'"~ of #hr grusw sale price, rcawuab[r attonrey's Yer+ and costs of <br />title evidence; (bt to all cultic secured by this Eked of'I'rust; and IcI the excess, iE any, to the pennn ar persum legally rnUtied <br />tiKrcto. <br />I9. Borruwrr's Right to Reinstate. Notw rtbsttutding Lender', acee!errtu>n cat the..um+ ,o vied by ihr+ Decd of 1 tint, <br />Borrower shall have the right to have any pructedurgs begun by Lender ns cnf erce this Decd ni ITu+t .! nnuuwcd cat <br />coy time pror lu the earlier to occur of 01 Ihr fifth day hetorc the side of the t'ruperty pursmmt to the power :•f ,ale ramt.unnr <br />io-this Dctid o(Trust nr Uq entry of u judgment enforcing this heed of 'irnat if: uO Borrower pads t ender ,:li suu:s who h as oulJ <br />he Ihrn due undee this Derd of i7u+t. the Nole and notes clearing FuWrt ,~dvance+, d ,ray. Led a ecler,uum ~•~. ru:rJ. <br />(tsI Borrower cure.<. a!I breaches of any other covenants or agreement, of Burrower eanruneJ u. rho Ih~td .d Tru,t. <br />fe) Hvrn,+wer pays all rcasonahle evpenses incurred by Lender and Tnistu• in cnMrcu?g the c+venant+ anJ -rgrctnrents .H <br />Borrower wmained in this Derd of Tnixt and in entvruing l.endrr's :caul Truser, re n?eJics as pros-riled m p.u agnq,h IF <br />hereof. inchtding, but not limned to, reasonable .Itorney's Tres: :tint (dl Bnrn+wei L?kes such nation .:s E .:rider mss rc. unh!y <br />rrq:nr..._ axturt the? the !._.. o(!his L?eed of Trust, Lcr?Jar's i:crerc+t „the Prvpcr=y :end Bort aewt~'4 oMrgetron to r,_is <br />