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<br />4, Candtmaation. The prcv.-ceds of any award or claim !ur damages. dtrcct nr cunseo::enua!, in arnntdinn with am•
<br />wndtmnanon or other taking of the Property, or pan therwf. or for rnnveyanct in ligz of rnndemnatian. art hereby assigrset;
<br />and shat; ce paid to Ixndcr.
<br />In the event of a total taking of the Propern•, the o: octeds steal: ere appiiW [n the sums secured by this Dted nt Trust.
<br />with the excess. if anv, paid to Bottower. In the event of a partial taking of the Propem'. unless Bortowax and under
<br />otherwise agree in writing, there shalt ?re applied to the sums secured by this (ked of Trust such ; ropottinn of the proceeds
<br />as is eyuai to that p:aportion which the amount of the sums secured 6y this Decd of Trust immediately prior to the date of
<br />taking bears to the tort market valor of the Property imrnrdiately prior to the date of taking, with the balance of the proceeds
<br />paid to Bat-rnwer.
<br />Tf the Praperv is abandoned by Bormu~cr, nr if, afcer nruice by I ender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages. 6orrnwr. fails to respetnd to Lcndtr wdhin 30 days after the date such notice is
<br />mailed. Lender is cuthoriztd to collect and apply the praxecds, at Ltnd.:r's nation, either to restoration ar repair of the
<br />Property or to the sums secured by this Deed of Tnut.
<br />Unless Lender and Borrower otherwise agree in writing, am wch application of proceeds [o principal shall not extend
<br />or postpone the clue date of the monthtc installments referred to in paragraphs i and 2 hereof nr charge the amount of
<br />such installments.
<br />I0. Borrower Not Released. Extension of the Nme €or payment nz modificarion of amortization of the sums secured
<br />by this Deed of ?rust granted by Lcndtr to any wecesznr in interest at Borrower shall not operate to release, in any manner,
<br />the liubiiin' of the original Borrower coat 8orrmver's' successors in interest. Lender shall not ix required to commence
<br />proceedings against sucfi succtswr or refuse to extend time for pa}•mtnt or otherwise modify amortization of the sums
<br />secured by this Decd of Taut by reason of any demand made by the original Borrower and Hnrrower's successors in interest.
<br />13. -Forbear-mace by tsrcder Not a Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />rtherwise afforded by applicable Iaw_ shall not he a waiver of or p recludc the exercise of ang such right or remedy.
<br />The procurement of insurance or the paymtm of tax~_ nr o!htr liens or charges by !-ender shalt not ire a-waiver of t~ndtr's
<br />right to acceterate tfie maturity ni the indchtedness secured by this Decd of Trust.
<br />72. Remedies Cumutatire. All remedies provided in this Dted of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or nHordtd by Iaw nr equity, and may t>c exercised concurrently. independently nr
<br />successively.
<br />i3. Successors cent Assigns Bound; 3ofnt and Srteral LfabflRy; Captions. The covenants and agreements herein
<br />contained shall bind, and the rigl+'s. hereunder shalt inure to, the respccuvr successors and assitms of Lender and Borrower,
<br />subject m the provisions of paragraph 17 hereof. All covenants and agreeinena of Borrower .hall he joint and several.
<br />The captions and het:dings of the paragraphs of this Deed of Trust arc for rnnccniencc only and are not :n he used to
<br />:nierpret or define the provisions hereof.
<br />34. Nottte. Except for any notice required under applicable Iaw ;e he eiven in another manner. lal any notice to
<br />Borrower provided for in this Deed of Trust shall ere given by mailing Such notice by certintd mail addressed ro Borrower at
<br />the Property Address ar m such other address as Borrower may designate i,y notice m Lender as provided herein, and
<br /># b) an}• notice to fender Shall be given by certified. mail, return receipt requested, to Lender's address stated herein nr to
<br />such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this
<br />Deed of Trust shalt be deemed to have been given to Borrower or Lender when given in the manner designated hcreir..
<br />t5. L'rtftorm Deed of Trost; Governing law; Sererability. This form of deed of trust combines uniform covenants for
<br />national use avd non-uniform covenants with limited variations by jurisdicnnn to constitute a uniform securirv instrument
<br />covering rest property. Tltis Deed of Tout shall be governed by ;he Iaw of the jurisdiction in which the Property is located.
<br />In the event that any provision or clause of this Deed of Trust or the Note condica with applicable lau•. ouch conflict shall
<br />not affect other provisions of this Dted of "trust or the Noce which can he given effect without the conflicting provision,
<br />and to t;`lis end the provisions of the Dtrd of Trust and the Note art declared to t>e severable,
<br />16. Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed o('Trust at the time
<br />of csecuiion or after recordation berme.
<br />17. Treaster of the Property; Aesnmptbs. If all nr any pan uE the I'roptrty nr an interest therin is sold or transferred
<br />by Borrower without Lender's prier written consent. excluding cal the creation of a lien or encumbrance subordinate in
<br />this Detd of Trust, (bj the creation of a purchase money security interest ter household appliances, (cl a transtrr by devise.
<br />descent or ny operation of taw upar, the death of a ;pint tenam or
<br />- - - -- Lender ma}, at Lenders ::piton, derare a'sl the awns secured by this Derd rd Trust to ire
<br />immediately dot and payable. Lender shall have w:uscd such upuun to accelerate d. prior !e the salt air transfer, Lender
<br />atu# ttlc-parson is wfirrm the f°roptriy is to br sold a,r transferred reach -„greement ir. writing that :he credit of such prrsur.
<br />is satisfactory to Lender and that the interest payable on the sums secured by this Dttd oC Trust shall he at such rate as
<br />i.endtr shalt request. !f i,endtr has waived the opfion to :mcelerate provided in this pangnpfi 17, and if Harrowers successor
<br />in interest has executed a written assumption agreement accepted :n writing by Lender.-Lender shall release Borrower from
<br />ati obligations under this Deed of Trust and the Note.
<br />IF Lender exercises such option to acccler:ve, tender ,teal! mad Borrower notice of acceleration in accordanec with
<br />paragraph !4 hereof. Such notice shall proride a penud of out :ass than lb days from the date the notice a mailed within
<br />which Borrawer ma}' pay the soma declared due I( Hurmucr tads iu pa} >uch soots pour to the cy+itntiun of such f,rriud.
<br />Lender may, without nether notice or demariJ on Borrower, mvof.r :ut} remedies permitted by paragmph ; R hereof.
<br />NnN•U NIrOSM Covtitvs!v7 s. Borrower and Lcndtr further un~cnant and agree vs inllnws~
<br />Ill, Atetleraffou: Remedies. F,zmpl as provided in paragraph 17 hereof, upon Borrower's 6resc6 of uny catenunt nr
<br />agrtement of 1)ortower in this 3)eed of Trost, irtciuding the covenants to pay when due any sums secured by Ibis Ueed
<br />of Trust, finder prior to acceleration shall mail notice ro Bormwrr as provided in paragraph I4 hereof specifying: (1) fhe
<br />breach: (21 the action required to cure such breath; (31 a data oat Tess than 30 days from fhe date the native u moiled to
<br />Borrower, 6y which such breath muu be cured: sod 141 That failure to core such breach an ur before the date sperifled
<br />in the notice may result in acceleration of the wins vtcured by this Dred Ill f rust and vale of the Pnrperty. The nulire
<br />shall further inform Borrawer of fltr right to reinstate after oa•ceirrulion and the right to bring a coon act inn In assert
<br />Itte Iron-exlllenee of a default ar any other defense of Borrower In ncra•icration and sale. if fhe Irreach iv not cured
<br />un ar before ihr dale sprcibrd in the nniire, i.endrr ai Ixndrr } upuun may deciara aft ui' the sums ,rcurrrf by Iltiv !)red
<br />of 'tense to br immediatriv due and passWe without fnriher denlrntl and tau} imokc the pun rr n( salt and am ocher remedies
<br />permitted b} applicable Iaw. Lender shalt be entitled to rnikcl all rrswnable rents and expeascn incnrrcd in pursuing the
<br />remtdirs provided in this parngraph Ig, including, but not limited tit, reasonable attornrv's fees.
<br />IF the power a( sa{e i5 in, ut.ed. Truster vbaii rrcnrd a native aF default in ear6 county in which the 1'rapa•rly or some
<br />part thereof is iucaled and shall mail copies tN wch nutter in ihr manner presecibed by applicable Iaw ur Bnrrewer aroi to the
<br />ghee per:~tns p:s~,siErc;-t by :,f`yllia!::e !aa. :Sitar ihr lapse of >urh time us mot bit required by :;pp:iaabic !at-. ~!'ru-ere shat'
<br />give public nutter of sate In the yernlurs amt in the mmmer presrribrd h} applicable law. fruslrr, without !irntanri on
<br />Borroexrr, shalt sett tke Praprrty ai }medic auciim: io the highest bidder ai the Nine and pincr and ender [ha• trnuv 6evigtrate.i
<br />in fhe natter of auk in cite or moo para•rk :mil in arch order ae '1'nwtee etas delenniar. Tntsler may postpone sale of ail
<br />ar any parac! of the Proltrrty by public mtnounernurnl al the tinge and piece ut am pets iousls xhedulyd sale. Lender ar
<br />Lemke s designee may purchase the Pmpetty at any sale.
<br />Upon rctttipt of payment of the price bid. Trustee shalt dei!ver to the purchaser 'CruHce's decd conveying the Property
<br />sob. )Le recitals in the Tnutee ~ deed shall br prinea faa•ie et idencr of the Inch of the stulemrnts neude therein. '1'ruvler
<br />shall apply the prorerds of rite vak in for 1'oBoaisryy, order. ta) to ail rruunabdr etxiv and ezpensav of the sak, including, lint
<br />and limited to, ~I7w-tee's Fres of nut inner shun + i l O i 1 ' of fhe Bras. sale pri r, rt•asnnsble attann•y's fees and a...G of
<br />title evidence; ib) [a a31 swan veetued by this Derd of Tnrst::utd le) ihr excess, if any, hr the person or pcnum ta'gidlq cntitkd
<br />Iherefa.
<br />ly. Burro»er's Right fu Reimlale. Nol,uthv[andine Lender', ,,ccelernuun ut the +un:, ~c.. ur~: ,' bs r!:. Decd o1 I;u.i.
<br />Burnrarr ahall bast the right to h,uvc• anv pit+eeedinlts bceuu La Lender to cniorae tiro i): rd nt Ru.i • nmiuieJ .
<br />any nine poor 9a the chibcr lu accts nl fH the Iilth d.n~ bclore ihr .Wc a( the Pn q+rny pu nu:nu ui the pi,u ri ids sa lc unu.~uiai
<br />in Ihh Deed +,(l nisi ur ii0 cntn•,il a imigniem cite ui.iug driv IA•eai nl "i'rust tl- Ou 8un.rµcr r.n~ l rn,la: - :um. ,,hr,h ,+~+~.dJ
<br />he thee. Juc order ih,s llerJ :.f Tnist. the Nd4• and notes sa a; Pnuur ~\d,.uica~., a .:.: :aJ a .~. Icr.,nnn ,~ rJ.
<br />.....u..- _rrs .. •i -ovc~ n is
<br />Ste. B.r, ~. ..~ ., ~ ail hr,aahe, , :uiy aaha a ants ~ nicnh , iinu own a„ni.uncai •.+., ihn i7ccd ~.t~ lent.
<br />:g e d
<br />fs) Burrower s all :,, !c ee;;ciuts humred ho- !_cu.le: and Inner is rnfrra:ne ihr .~,+. na n;s .ird .iEi rrinr;us o!
<br />&?ttcu er umtuincJ ht~iius llecd nl 'IY us[:md in cuk,rcing Lcndrr'o- and lnisitt•'s rcon Jic. _+s pi.~ndcd :. p.u.igriph IK
<br />hereof. inciudr.:g, but not ii ;nt ts. re. amable attorncv's iee,:.mai tdt ;; ~ , wrr Ickes w.h aa:i~n a, I ender r ., ;ahia-
<br />regorrc to assort tb'r.? Lv uui of ihss •i~ced of ~iruvt, Lendcr~s urtrr,t :n •fhe i'roprrie .:no Bnn,~s cis :,iibrg;n:on a~ p.ie
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