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<br />9. Condemnation. The proseJs of anq award er etarm for damages. direct or consequentiah in conncetion with any
<br />condemnation or othu :along of the Property, or part thereof, ar for conveyance in iiw of condemnation. are hereby aurgrted
<br />and shalt be pai3 to Lender.
<br />in the event of a total taking of the Property, the proceeds shall he applied to the sums secured by this Deed of Trust,
<br />with the excess, if any, paid to Borrower. Tn the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall he applied to the sums secured by this Decd of Tnut such propnriion of the procseds
<br />as is equal to that proportion which the amount of the sums secured by this Dced of Trust immediaWy prior io the date of
<br />taking bears to the fair market value of the Property immediately prior to [fie date of taking, with the Balance of the proceeds
<br />paid to Borrower.
<br />If the Property is abandoned by Borrower, or if, after notice 6y Lender to Borrower that [he condemnor offers to [[take
<br />an award or seitlc a claim for damages. Borrower talk to respond m Lender within 30 days alter the date such ttotice is
<br />mailed, Lender is authorised to collect and apply the proceeds. at Lenders option, either to restoration or repair of the
<br />Prop<•rty or to the sums secured by this Deed of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date of the monthly installmens referred ro in paragraphs 1 and 2 hereof or change the amount of
<br />such installments.
<br />t0. Borrower Not Released. Extension of the time for payment or modification of amo«ization of the sums secured
<br />by this Deed of Trust grantcJ by Lender m ;my successor in interest of Borrower shalt not operate m rclcax, in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. i_ender shall not he required to commence
<br />proceedings against such successor or refuse to extend lime for payment or otherwise modify amortisation o[ the sums
<br />secured by this Ceed of Trust by reason of an}• demand made by the original Borrower and Aarrower's successors in interut.
<br />11. Forbearance by Lender Not a Waives Any ferbcarance by Lender in exercising any right er remedy hereunder, ar
<br />oherwise afforded 6y applicable law, shall not He 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 ar charges by Lender shall not be a waiver a( Lender's
<br />right to accelerate the matu«ty of the indebtedness secured by this Deed of Trust,
<br />12. Remedies Cunmialive. .All remedies provided in this Dced of Tnu! are distinct and cumulative to any other right
<br />or remedy under this Ceed of Trust or afforded by law or equity, and may he exercised concurrently, independently or
<br />wccessivety.
<br />13. Soccessers and Assigns Bound; JoiN and Several Liability; Captions. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and Borrower.
<br />subject m the provisions of paragraph 17 hereol. All covenants and agreements of Borrower shall be joint and several.
<br />The captions and headings of the paragraphs of Ihis Ueed of Trust are (or comenienee only and are not to he used to
<br />interpret or define the provisions hereof.
<br />14. Notice. Lzcept for any notice required under applicahle !aw to He given in another manner, (a) any notice to
<br />borrower provided for in [his Dced of Trust shall be given by mailing such notice by certified mail addressed to Borrower at
<br />the Property Address or at such other address as Borrower may desigmtc by notice to Lender as provided herein, and
<br />(h) any notice to Lender shall be given by certified mail, return receipt requested, to Lender's address stated herein or to
<br />such other address as Ia:nder ma}• designate by nouce to Borrower as provided herein. Any notice provided for in this
<br />Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />15. Cniform Dred of Trust; Governing law; Sevenbilitx'. This form of deed of trust combines uniform covenants for
<br />national use and non-uniform covenants with limited variations by jurisdiction to constitWC a uniform security instrument
<br />covering real property. This Deed rat Trust shall he governed by the law al the jurisdiction in which the Property is located.
<br />In the event that any prevision or clause of this Decd of 'Rust or the Note conflicts with applicable Ixw, such conflict shall
<br />not affect other provisions of this Deed of Trust or 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 Note arc declared to ix severabic.
<br />t6. Borrower's Copy. Borrower shall b., furnished a conformed copy of the Note and n[ this Dced of Trust at the time
<br />of execution or after recordation hereof.
<br />i7. Transfer of the Property; AruumpHan. If aIL ar any part of the Prnpcm' nr an in« rc+t therein is sold or iransferreJ
<br />by Borrower without Lender's prior written consent, excluding Iu! the creation of a Ilea or encuntbrancr subordinate to
<br />Ihis Decd of Trrst, fb} the creation of a purchase money security urterest for hnuxhoiJ appliances. tci a transfer by devise,
<br />descent or by operation of law upon t7:c death of a loin[ tenam or
<br />- - -- _: - .cude.r matt, ar I%ndcr~. opnar. dcc!xcr. al tha: auras srnired t+y this t)ccd of Trust to h.=
<br />immediately due and payable. Lender shall have w:uccd such option to aacclcrur .f. poor to the ,ale er transfer, Lender
<br />and the person to whom cite Prapc«y is to be seiJ or transfcrrcJ rca.'h agrccmcnt :n writing !hat the crcJit of such person
<br />Is satisfactory to 1_coder and That the interest payublc'on the sums +ecurevl h+}~ Iha Ceed at Trust shall he at such rare us
<br />Lender shalt request. Tt Lender has warvai the npuon to acccierate proviJCd in chi, paragraph I7, and if Borrower s successor
<br />in interest has executed a written assumption agreement aecepteJ m venting by Lender. Lender shall release Burrower from
<br />all obligations under this Dced of Trust anJ the Nntc.
<br />It Lender exercises such option to accrlera!c. Lender shall road Harrower notice of acccle ration m actt+rdance with
<br />paragraph IS hereol. Such notice shall provide a perioJ o! not ku than 311 Jays from the Date dtc nouce i. mailed within
<br />which Borrower may pay the sums decWreJ Jue. i( Borrower fails to pay such sums prior u+ the expiration of such IxrinJ.
<br />Lender may, without further notice or demand an &rrrowcr, invoke am remeJlrs pcrmined by paragraph I F hereof.
<br />NOh'-tJ NIFOR hi (_'UVF.NANiS. Bt+rraw'a'r :1I1J Ll`rlder Itrrt hl'r ea+'en:llll :imi :lgfel' a1 lalltlws-
<br />Ig. Accekratiom Remedies. F''xcrpi as provided in paragraph i7 hereof. upon florrowrr's breach of am covenant er
<br />agreement of Harrower in tbi~ Decd oP 'Trust, including the covenants to pay when dua• any sums secured by Ihis Dred
<br />of 'Trus4 [.ender prior to acttleralinn shall moil nolia•r In Rorrowrr as provided in paragraph 14 hereol specifying: (11 the
<br />breach; i2) the action required to cure such bunch; 131 u dale, nut less than 3B da)'x from the date the notice is wailed to
<br />Burrower, by which ouch breach m,w be cured: and 141 [hot failure to cure such breach on er before the dale specified
<br />in for nmicr may result in acerlemtion of the sums secured by this Dced tit Trust veal +:Je of the Proper!). ihr notice
<br />shall fnrlher inform Rorrowrr of the right to reinstate after accelernlion and ihr right lu bring a a•uurt action Ur assert
<br />the non-exisirnce of u deimJt or wtv other drfrnsa• of Rurruw er to arrl`h'ratintl :uul sale, If the 6rem'h i+ nut cured
<br />nn or Ireforr the duty specified rn ibr uoliee, Lender ni Lender's nplinu ram) declare all of ihr soon ueured by Ihis Deed
<br />tit Trust to 6c iormediataiy due and pis}able ,v ilhout Outhcr demand and Hwy inv ales the puwt•r of side and any elber rrrnrdirs
<br />permitted 6) appiica6lr taw. Lmuler shall br rwilleJ fu collect nli reuwnubie caste and expra+rs incarrrd in punning the
<br />remedies presided in ihi+ paragraph lg, includiug, 6u1 not limited to, reasonable ntloruep's fors.
<br />1( Ihr power of sole is im aked, l~ruslec shall record u uulier of dcinull in ruck courtly in ehich Ilu• i'roperrv er some
<br />part iherco( is loented and .hall wait copies ul' such notice in ihr manner prescribed b} applieublc low In Rornnv er and to the
<br />e;lhee t;er+tr:is lsreserit>e:t by npplicaidr love. After the lapis of retch tintr ::s tea) Ix rev;uked ht nppli+ahlc love, 't?rester +hafi
<br />give public Holier ni aisle m 1~• prnons and in du• manner per+eribed 6v applicahle law. 'i ru,trr, ++ithuut demand u+
<br />Berrow'eq shag sett the Propenv of public :suction to for higlnsl bidder :rt ihr Time uud place and under the term. devignalyd
<br />in the notiac of veto in one er more porcrls and in Hoch order ns 77uslee nun dclanninr. Tractor may postpone +:Je u( all
<br />or am parcel tit the Proprnv by public announcvuu•nl at Ihv time and place of :uty prcviuu+h sriredulyd s:Jr, I coder ur
<br />Lender's dexignrc may purt•hmr the Property tit nay sale.
<br />t ipon re ripl of payment of the price biJ. 1nt+tea• elmil deli+cr to ilu• purrhaur Tnr+ra•r~. Jecd a ,ry lug raw I'mpr«v
<br />said. l'he recitals in the 'Trovee'+ deed shrill hr prima facie evidvncr of Ihr Inn6 of the ,t:demenN rvrndc Ihrrrin. 'innR'e
<br />shat) nyply Ihr prnereeie of the sale in ihr taliuwin``• order. ((q lu :JI rt•n+onubir rvaa anJ exfren.e, tit the rate, tucludiug, bw
<br />not limited lo, ~Itustec's fcev of Hui mora• Iluw 1~~? Of 1' nC Ilte gross snit peter, r onnblr .aim ae+\ Icc+ .uul uI+M of
<br />title evidence; Ih) la all ~~rn.e secured b) Ihis DceJ of Tnr+t; and lal the raa•r+s, if :nn. loathe penun or pennns Ieg:dly eNi«rd
<br />Iherete.
<br />I'). Rnrruwcr`s Kighi en Rriasinre. Nonuih.i.mJing I cudrlA . rrla.w,m .~i Iha rJ b+ ihi. Decd nl I rani'
<br />flares veer ,hall have the iiehl i++ h:I+e :~ v I,I,,ccc+hnt!. ht-c~In I^s 1 cndci I„ ..~I.,.<< I'i,.l:~~~l ..1 III~,i ,il,. ,.ntii~~i~.'d .~~
<br />anV time prise !u the e:u tier I,~ occur.+I lit Illy lilih J:i+ hcl al:: the +.:le ~~I the I'; +•I~: iI+ 1• I,...•.m i,~ I;'Ir I^, n+„ ~^i +.ii.--, ~~ni i,i~.J
<br />in ihre Decd I~1'I ruse !~r Iiil entry ul' a jud;;nicm cnlrn, Ing Iha I trc+i of I Li~.I it : li„i io.+ci ~ . I ~ nJrl ;~~i + ~, ~ ,,,
<br />he [heI due iuxirr IhI, CecJ al I7u,I, the Nolr ..nJ norm ,., ~,~ a I mule xd,. .~. ~. ,,, ,.,~I I rJ~
<br />ii+l Bon,nv er _nr~ ,.11 i„e.rrhe, ~ .rev ~•ihrt ni, ;^r, „ .,+. ~~ .~ Ih, ~; 1~rnl •~i li ri
<br />IelBi:r+.,,.er~.i}„q In,he,l++ ae.lar~Il+.l,i~.ia~t; - _ .d
<br />Hanm+cr comaincJ in live Uccd ,•1 lit u+t .uiJ ~ •nl nianl; t . r,Jri rJ I i .. , , dm, ... pi ~drd .I i' ~. aim
<br />hereol, inclu;liny;, but n =nt<J a+. c +aF,lc Rtlat cry A Ice=_ .Ind tdr aor.~: c: =i~ai,., ,. _,. .,: i cnJer I . „ ~. .
<br />reyunc n e. ,urn .hat iha an ~I thl+~vacu ,rt ,iln~. ~a ua „a ,., -, , ~ , + ~ ,,,-, ,i,., .. : ,
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