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<br />9. Condemnation. The proceeds of any award or dxim for damages, direct or consequential, in connection with any
<br />condemnation or other taking of the Properly, or part thereof, or for conveyance in lieu of condemnation, are hereby assigtrsd
<br />and shall be paid to L,eoder.
<br />In the event of a total taking of the Property, the proceeds shall he applied to the sums secured 6y this Deed of Trust, .
<br />with the excess, iF any, paid to Borrower. In the event of 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 Dced of Trust such proportion of the proceeds _
<br />as is equal to that proportion which the amount of the sums secured 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 to Borrower. _ --
<br />If the Property is abandoned by Borrower, or if, after notice 6v Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Borrower fails to respond to Lender within 30 days after the dale 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 T-rust. -
<br />Unless Lender and Borrower otherwise agree m writing, any such sppfication of proceeds to principal shall no[ exteted ~ -
<br />or postpone the due Jate of the monthly installmems referred to in paragraphs 1 and 2 hereof or change the amount of
<br />such installments.
<br />Ill. Borrower Nat Released. Ez[emion of the time (or payment or modification of amortization of the sums securuh
<br />by this Deed of Trust granted by Linder to any succeswr in interest of Borrower shall oat operate [o release, in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. Lender sha!1 not be required to commence
<br />proceedings against such successor or refuu to extend time for payment ur otherwise modify amortization of the sums
<br />secured by this Deed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest. _
<br />(l. Forbearance by Lender Not a Waiver. Any [arhearance 6y Lender m exercising any right or remedy hereunder, or -
<br />otherwise alforded by applicable law, shall not 6e a waiver of or preclude the ezercae of any such right or remedy.
<br />The procurement of insurance ar the payment of'tuxes armher liens ar charges by Lender shaK not fx a waiver of Ler.dr: s
<br />right io accelerate the matun[y of the indebtedness srcurgat `by this DeeJ of Trust. -
<br />l2. Remedies Cumulative. All remedies provided~in This DeeJ of Taut are distinct and cumulative la any other right
<br />ar remedy under this Ueed of Trust ar alforded by luyv or equity, and may he exercise) concurrently, independently or
<br />successively. 1
<br />13. Successors and Assigns Bonrgi;-Joint artd Several LiabUity; Ceplians. The covenants and agreements hel'ein
<br />contained shall hind, and the rights ttergWtdrr shall inure to, the resp:aive wccessors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph I7 hereof. All covenants and agreements of Borrower shall be joint and. several. ,
<br />Thr captions and headings of [he flaragruphs ul this DeeJ of Trust are for com•rnience only and are not to be used to
<br />imerpret or define the provisiops'hereof. ,' ~.
<br />I4. Notice. Except for shy notice required under ^ppbcablr law u> hr given in another manner, (a) any-notice [o '
<br />Borrower provided for m this Died of Trust shall be given by mailing such notice by certified mail addressed [o Borrower al
<br />¢he Property Address or at such other address as Borrower may designate by nonce m Lender as provided herein, and
<br />(b) any notice to Lender shall be given try certified moil, return receipt reyuesmd, to Lender's address stated herein or to
<br />such other address as Lender may designate by notice ur Borrower as provided herein. Any notice provided for m this
<br />Derd of Trust shall be deemed to have been grvrn to Harrower ur Lender whet. given in the manger designated herein.
<br />I5. Uniform Deed of Trust; Governing Law; Severability. This form of JreJ of trust combines uniform covenants for
<br />national use and non-uniform covenants with limited variations 6y jurisdiction to constitute a uniform security instrument
<br />covering real progeny. This Deed of Truu shall he governed by the`law of the µuisdietion in which the Property is located.
<br />In the event that any provision or clause of this Deed at Trust ur iRe'Nate conflicts with applicable law, such conflict shall
<br />nut affect other provisions u[ this Ueed of "Trust ar the Nalr which can he given eKect wnhout the conlhcting provision.
<br />and to this end the provisions of the Dred of Tim[ and the Note air declared m be severable.
<br />.~ Borrower's Copy. Baamver shall be (unushed a canfarmed capx of the Note and of this Derd of "Trust at the time
<br />of execution ar alter rrcardation hereof.
<br />17. Trarufer of the Property; Assumption. If all or any port of the Pzpperty ar an imrrest therein is said or transferreJ
<br />by Borrower without L.ender's pour wntten consent, excluding ial the 'creation of a lien ar encwnbrance subordinate w
<br />this Derd o[ Trust, tb) the creauun of u purchase nianey sceunty iuicresi for huuxholJ uppliuneps, le) a transfer by devist,
<br />docent or ity uprratian of law upon the death of a poor tulam ar
<br />-- Lender may, at Lender's option, Declare aft the sums sesureJ by ihu UceJ ai l~rusl In hr
<br />immediately due and payable. i.endcr shall have warveJ wch apunn W uaclet ate d, pfior to the sale or transfer, ].enter
<br />:rod rile person ro whom the Proprnt a to be salt or trans(en rJ leach dgreemrm m writing that the cretin u( such person
<br />:z >airsiactory to I.endcr ant that the inrcresr patabfr u + the s rcJ h4' this DceJ of Trust shun hr at such rate a
<br />Lender shall request. If LurJu has warveJ the upuan in ru:celer.~ta prof idcJ in this paragraph 19, ant if Borrower's wccesxx
<br />m interest has execute) a wnucn nsswupnun agreemm~l aacrpteJ m wrung h)' LenJer, Lender shall release Borrower tram
<br />all obligations under ihu DceJ tit l7usi :urJ she Note.
<br />I( Lender ezerctsr> such option to a celeruc, I rnJer thole mad Borrower nuuce of a celer;uiun m ;ecordance with
<br />paragraph 14 herrot. tiuch nuuce shall provide :+ PrnuJ al not less than 311 Jays Inuu the )ate the notire is mated wuhin
<br />which Borrower may pay the stints dedareJ Jue. If Borrower Lnls iu guy such sums poor io the rxpimuun ul such penoJ,
<br />Lender may, without further nuuce or JentanJ au Burrower, mvofe anY rcmeJics PennureJ Hy parlgrnph I$ hereof.
<br />NaN-UNtr'aRx1 ('aVt:NANIti. HaflUw'er :InJ LenJer tUnhel' raYeilani ant ;Igree of follUWS:
<br />Ig. Aceeleralion; Rrnrrdirs. Furpt us provided in paragrup6 17 hrrcuf, upon Borrowers broach of any covenarn ur
<br />agreemeal of Burrower in This (lead of "truer, including ihr cuvenmds to paY' when due mry scans secured by this Ueed
<br />of Trust, Ixnder yriur Io accelrra/ion shall ma0 notice lu Borrower as pnrY ided in paragraph I4 hereof specifying: (11 the
<br />breach; (21 the uclimr rryuireai :o cure such breach; IJI n dale, nut loos Than JO Juys from the elate the notice is mailed la
<br />Borrower, by which such beruch must hr :mid; and i•tl that failure t+r cure such breach +ut ur heroic ihx date sperilied
<br />in Ihr nutirr nmy result in uccelerutimr u( Ihr unm aecun•d by this UeeA of Trml and sole of Ihr Prapetl y. The nutirr
<br />shall further infunn Ilorruwer of Ihr right W reinsiule after urceleralion anti the rfg61 ur bring a court Rctiun to aurrt
<br />the non-ezislmtcr of a Aelauh nr nay other Jelrnse of Burrower In accelerulimr and sole. If Ihr breach is nut cured
<br />tin or trefore 16e Awe sperilied in Um notice, i.ender ai Leader's option may declare all tit the viers soured by Ihxs Ured
<br />of Trust Iu 6e iaunrdiatcly able and payable without furihrr demand anA may invuAv Ihr power of sale and any uthrr remedies
<br />permiued by applicable law. LenArr shall ice rnlilla•A m coterie all reasonable costs anti rxprnars incurred in pursuing the
<br />remrdles pnwiAcd in Ihie paragraph IN, in'iud6lg, but nut limited lu, reaunra6le atmnrey's Fees.
<br />If Ihr power of salt is inroked, Truslm shall Heard n nulicc of deluull in each cmnrlp in which Ilce Properq' ur some !
<br />part Ihereuf is lnculed ant shall malt copies of such nulicc in Ihr nwnnrr prescribed by applicable law lu Harrawrr and to Ihr ~
<br />other persons prescribrA 6y applicable taw. After the lapse at such lime us may he rryuirrd by uppiirabir law, i'nutee shall
<br />give public nutirr of sale ru ihr persons anti in ihr manner prescribe) by appiicahlr tae. frustec, wiihm:i demand u
<br />$arrowrr, shaft arll the Property al public nuctiun to Ihr highest biJder al ihr lime and place wed under the Irr,ru Aesignmed
<br />in the notice of sale fn one ar more parcels and 61 arch order as 'trustee nmy delenninr. Truster may postpone sale of all
<br />ur any parcel of the Property b)• public unnmulceoaenl a/ the Iinre and ylacr of any previumly xhrdaled sale Lrndrr or
<br />Iznder's designer mar purehax Ihr Property al any sale.
<br />Upon receipt of payment of Ihr price bid, 77mlee shall Jelirer to Ihr purrbmer Tnutec's deed conveying the Properly
<br />said. "the recilafs in 11re l'nuter'e deed shaft he prima facie eridrnoe of the Irulh of the slulenlenls made therein. "]'easier
<br />shall apply Ihr proceeds of the sale in Ihr falluwipyy uNrr: ((~} W all reasonable casK urJ esprnacs of 16r salt, including, but
<br />not limilyd lo.'Lrusire's fees of not ruurr Than 1/ 1 Uf 1 `~ of Ihr grass sale prior, rcasonabir auorney's tees and roses of
<br />titer evidence; ibl to aB soots ucured by ihu Derd of Trent; and la'1 the excess, if any, to the person ur persons legally entitled
<br />thereto.
<br />i9. Burruwtr•s Right la Reinslalr. Nntw ohs t:mJing Lender's a celrrauun of the sums secured by this Ueed of l-Hui.
<br />Borrower shall have the nght to have any pracecJings begun by LenJer to cal orn• ibis UecJ of ~fnnr hscontmued at
<br />any time poor to Ihr rather In o of UI Ihr fi(dt Jay before the salt ui lhr Pruperq• Pursuant to the power u( sale contamrJ
<br />in this DecJ of fnut or GU entry olio judgment enforcing thh DeeJ of 1 nut rt la) Burrower pays LenJer all sums which would
<br />be Ihrn due unJcr this DeeJ of Tnui, the Nate ant rules s curing Fuuuc .1dv.mces, d anY. had nu aceeleratinn owurreJ.
<br />Ib) Harrower cams all breaches of any other covenants ar agreements ui Borrower conwineJ in this DeeJ of Trust.
<br />(cl Horrawrr pays all re;uunabic rlpenses i aureJ by I enter ant Tnuttt• i ~ntorang the rams ant agrcemm~u ,
<br />Borrower wn+:uncJ in This UeeJ of "trust ant m nrfarcing LcnJer's and TruHre's rcnuJirs .nf Provided m perngrnph IH
<br />herrot including, hue not Imuted to. reasauudrlc atlarncy's fees: ant IJI Ham»vcr takes each a von us Lender may reasonably
<br />rcyune to assure Thai the bur a( this Ihed ul Tram ~].ender's mrrrest m ihr Pnrprnv :rod Bornrlf ti's obhgatiun to pav
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