r
<br />9. Condemnation. The proceeJS of any award or claret for damages, dirca or conseyuzntiai, in connection with any
<br />condemnation a- other taking of the Propeny, or part thereof, err for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid 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. In the even[ of a panial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Dted of Trust such proportion of the proceeds
<br />as is equal to that proportion which the amoum of the sums secured by rhs Deed of Trust immediately prior to the date of
<br />takiag bears to the fair market value of the Property immediately pnor to the Jate of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />if the Property is abandoned by Borrower, or if, after notice by Lender ro Borrower that the conJemnor offers to make
<br />an award or settle a claim for damage, Borrower fails to respond to Lender within JO Jays after the date such notice is
<br />mailed. Lender is authorized to collect and apply the proceeds, at Lender's upuon, either to restoration or repair of the
<br />Property or to the sums ucurcd by this Decd of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall non extend
<br />or stpone the due Jatt o[ the monthly installments referred to in paragraphs f anJ 2 hereof or change the amount of
<br />such installments.
<br />f0. Borrowv Nut Released. Extension of the time fur payment ur muJificatimt of amortization of the sums secureJ'
<br />by then DeeJ of Trust granted by I-ender m any successor in interest u( Burrower shall not op:rate to release, in any manner,
<br />the liability of Hic original Borrower and Borrowed succeswrs in interc>t. Lender shall nut be required to commence
<br />proceedings against such successor ur refuse to extend time for paymtm «r utherwut modify amortization of the sums
<br />secured by this DeeJ of Trust by reason of any demand made by the ongulul Borrower anJ Borrower's successors in mterest.
<br />i ]. Forirearrnc! by Leader Nut a Waiver. Any lorbearance by Lender m exercising any right ur remedy hereunder, or
<br />otherwise alfordeil Oy applicable law, shall nut hu a waiver of or preclude the exercise of any such right or remedy
<br />The pr~urement u! i.^sural:cc or the paymem of taxes or other liens or charges by lxnder shall not 6e a waiver o! Lender's
<br />right ro acceleram the maturity of the indebtedness szcurGrl by Chi] Uetd of Trust,
<br />t2. Remedirs Cumulative All rzmedits proviJeJ•in ihls UCed of `Crust dre Jistmct anJ cumulative to any other right
<br />or remedy unJer this UeeJ ul Trust ur afforded by lay or eyu,ty, and may t>c exerciseil concurrently, independently or
<br />succsssively. 1 ''
<br />13. Successors and Assigns Bourgl; Joint roil Several LiahilitY; Capliom. The covenants and agrceracnts he«m
<br />contained shall broil, and the rights hereunder shall inure to, the reslrtcuvt ]uccessurs and assigns of Lender and &rrtower.
<br />sub;ect to the provis,ons of paragraph 17 hereof. All •uvenanrs :mJ agreements of Borrower shall be join[ and several
<br />The captions and headings ut the paragraphs ut the DceJ u( Trent are tar cunvcnience Doty anJ arc not w Fat useJ w
<br />interpret or define the provismps hereof.
<br />14. Notice Except (or any notice reywrtd unJer applicable Iuw a+ he given m another manner. (al any ~nouce ro
<br />Borrower procideJ fpr in this Deed u( Trust shall Ise given by mafling such nWict h}' cerufied mail aJdressed m Borrower at
<br />the Property Address ur at such other address as Borrower may designate by nmice to Lender m prov,JtJ heruq anJ
<br />(b) any notice to Lender shall tx grven by cerufied merit, return «ceipt reyuesteJ. to Lender's aJdrcss stated herein or m
<br />such other address as Linder may Jtsignart bi «oilee to Borrower as prov,Jtd herein. Any nonce prov,ileJ for in this
<br />Died of Trust shall be deemed to h:rac been given m Bortowtr or Lander when given m the manner Jcsrgnated herein
<br />15. Uniform Ueed of Trrut; Governing haw; Srverabiltl). lhu form nt JeeJ of (rust wmhmes unform covenants for
<br />national u]e and non-umlorm covenants with liauteil VarianUlq by IunsJicuon m Constitute a uniform security msuument
<br />covering real property. This Deed of Trust shall ht govcrneJ Oy ihr taw a( the µrrisdicuun in which the Propery' is ItKHICJ
<br />In the event that any provision or clause of Chu Uecd of Trust or tfle'Note conflicts wuh applicame law, such conflict shall
<br />nut alfen other provaions of ihls DeeJ of Trust ur fhe'Nofe which cap tst given zftecl without the cunlhcUng provmun.
<br />alyd to 1711] tnJ ehC provuroru ut the DCCJ uI Trns[ altil IhC Nnrt art per:la rCJ !ll frC ]t YtrablC.
<br />Iw. Burrewu's Copy. Borrower shall !n lurnuhed a Cunfarmcd copy u( the Note and at this RceJ u( "7'ru>t al talc rime
<br />ct cxecuuun ur after recordanun hereof.
<br />!7. Transfer of the Property; Aaumptlon. 11 all ur any part of Ihr Pepper q' or an interest thereto rs sold or lransferrtJ
<br />by Burrower wuhuut Ltnderb prior wrinen consent cxcluJing (a) ihr `crrauun in a hen or encumbrance wbordmatr to
<br />:his C1peJ of Trust, ;b) the aeauan of a purchase money security mterest (or twu]tholJ apphancES, te) a transitr by Jcvi>t.
<br />JtsCtnr o: by .;perauun of law upon the death of a tarot tenant ur -
<br />- I,codcr may, ai 1 cnJcr's o(?Gnn. Jccla« :JI the um1, usural b} ilia OrtJ of Tani ro hr
<br />unomilmtely due and payable. Lender shall have wwveJ such upuon to acctkraie d, prior io ihr sale or transfer, Lender
<br />ar,d :s,b t~rsar, :- - nom .hr Property rs to be sulJ ur irartsferrzd r-aCh agreement , -rmug that the cr>'Jit .+ >uch ~rsu+a
<br />>anstactury tualxader sxJ throe the ixrtrcst pu9ahle uu tlrc roam +eo:rcd ht Ihu ~L)crd of Ffu+l ,hall tx air each ra!t ax
<br />LerWrr >flarl request. If Ltr.Jtr has warvtJ the upuon to acctler.uc pnxiJeJ w Chu paragraph I', .u+J rf Hurrower's xxCtsa+r
<br />m ,rite«>t has uca-umJ a wnliCn assumpnun age eemrni accepted m wrung h} LenJer, Lender shall release Burrower Irom
<br />ai! ahbgauom unJer this DrzJ ui Truu anJ ihr Nott.
<br />If lxnder exern>es >uch upuon to acceltrale. LtnJer shall mad Ho, rower nuueC ui acceleru urn m aaorJmrce wuh
<br />paragraph 11 herein Such ouUCC shall pnrvidr a IxnuJ ur not ies> then ill Jaa+ Irum the date the nnuCC n nti,ICd wuhus
<br />whu'h Harrower may pay ihr wnu JeclareJ Jut. I! Bun uw er t.uh ro I+ay ,uch sums pnor to the zxpuauon ul such lrenuil.
<br />Lender may', wuhout further nuuce ur Jemand un Burrower, smoke .un rcmrd«•s pennmeJ by paragraph I g hr«of.
<br />Nara-U rvuox xf ('oveNxd rs Harrower anJ Lrn.ler lurihtr a.ovrnem ., n.l agree a+ follow,.
<br />Ig. Accrirrotioq; Renmdies. Excep as pmsirkJ in paragrwph 77 hereof, upon Bwrtuwrr'a breath of anY cq«xarar u
<br />rgrtemaN u! lturrowrr in Ibis UreJ of Trmf, including flit cur rnanls ra pay when Aur nny +ums secured 6Y Ibis Gerd
<br />of Tnrsf, IxnJrr p€iur to acreir.'^yiux shalt exalt nutiar rn Burruwrr w pries ided in paragraph IJ hr«af sprrif}fag: Ifl Ihr
<br />b«ath; t21 rhr action rryuirrri lu curt aua'h hrraa h; UI a JYfe rwi irn ibarl 30 Drys from Ihr dale ihr nrrricr is mrfled to
<br />Jtaer'aer, fry wbtrh such brsaa-A rows: be tared: axd 74) that Saifure to rare such brr'w•h un cr I:efmr the Jatt sp<cifmt
<br />in Ihr wurkr naay rrsuh in wcdrratfux u! the sums arcurcd by flJs Urrd u( Crml nod salr of the Pmprny. Thr rxxke
<br />nAaB further {nform Nrrtruwrr of rhr right ru «inslrlr rifer rrcerlrralimr anJ IMe rlgbl lu brixg a court m•Ihm lu aaen
<br />the rxlN•exlatr«aF xl a ak(antt of ax} uihrl defrwar x( Bur{rower rx aa'etkratiu« aIIJ Wit. f( IhC brew'h ib nn/ •a«d
<br />ux ur ire(u« the fait +prcfhrri ter ihr nadca Lrnd<r err t.rrrdrr's option mr) JrrHrr all ul Ihr sums seturcd b} Chia Decd
<br />of Trust w ht immedlaitft Jnr and pa}sMe wllhuur (weber Jemand aqJ mat ire+uke Ihr power of safe and err) oilier remedies
<br />parmrttrd by appbsads raw, leader sbrH lee rmirkd ix culkcl ail rraarmabk tusk and rspenses inrurrcd in pursuing the
<br />«msdfew prurided is this paragraph Itf, lira tudirra, but teat Umricd ro, rrawmable attorney's fees.
<br />1( rhr power of sale is ix+uked. Trustee shall record w nut ire u( Jtiquif in rxnh county in which ihr Property ur wine
<br />pan tfrerrxf is Ixcatrd aoJ shaft mail eup{es ut saab rwHCr is ihr manner p«+€rfbrd by appiicatrk law fu Bur€awrr and to fpr
<br />rwbt€ pr€+rrg4 p€r•€€tfirf tr} appluafrk Raw. .ifire ilia Iatfst of sa€h Simi a+ relay he rryui«J by applfa'abtr law. T rnsirr rhaii
<br />glee pahffc rwrriar of sale to the prrswrs arm hr the rwaasrer prr.arfbed by appit<`afdr law. Croaks, wifbrrur Jruland uu
<br />Harrower, shill etif rhr Properly of lrut+ik awuux ro ihr hlghrsr balder err Ihr Ihne and place and corder ihr terms rirsignaied
<br />Hs rhr ndkr ut sWr it unr nr rx+.rr parcrb oral in such order as 1 nl+ire rota) Arlrnnine. 1}ualrr era) poalyoxr +alt ai all
<br />ur ax) portal ref alit Pruprny b) pxldia- axxuxlK rx«ai ax rhr elate axJ plaar of xay prerWUSt) +rhrdultd sak. Lender ur
<br />LsgJer'+ desigurr may purchase ihr Pruprrt) a! aqy sale.
<br />Ulwx «a'efpl ad prtrxrnr of ihr prier itfd. lnnier shill rktirrr to rhr yurchafrr 'IYUafrr: deed conveyiug the Pmprnf
<br />xufd. 1'hr rn'ifals ix rhr Irw.tre'+ dre@ shall Ire prima lack rsiJrxav of rhr Inrlh of Ihr slalrrurn/s rnadr ihrrrln. 'Crwtrr
<br />shag ripply rhr proceeds u[ rbe nark rq rhr tolluwip,~ order: { J fu ail « asonuble costs and eslxvt+rs of flit +alr, lnciudbtg, but
<br />xrJ lixriled tu. I eusir<+ Im rd rw! mwr than 1 J.. U1r ~M':. of Ihr grua++rk prier, reusonulrlr aihrrnry's fees and cus4 of
<br />rick evldegcr; vhf lu a!! sums +rcurrJ by This fheJ ref 1'rsni; aqd Ic1 the rxcrxs, if an), pt tier prraun ur yersuxs legally rnlbled
<br />IIxMO.
<br />19. Bur uwcr's Riahi to RrimJaie. Nutty uhsia nJ mg l.rnJc r', aactlm auun ul the nun, , rcJ Ivy Ih,+ UceJ of f riot
<br />Bun uwrr ]teal! have Ihr right lu have ,uv puxccdmg, IKgun by Lenilu io c~lorce flu, lh ~~J of foul JixuuunueJ at
<br />any ums pnor to Ihr tad,tr in +kcor of ui the rihh Jot hclo« the sole ut the Parprrr Y' pursu:un n, the power of wle ottuaux'd
<br />m rhi> OttJ o! Tn,>! rv rw catty ui a Pulgnxla col nrmng rho lktd ul Tnur d- luf Hot row cr p:ry, Cruder all roam which wuulJ
<br />tsz then der corder Chu Ihed ui Tniv, ihr Nam .usJ nuie> seeurmg (=unrzc .Advances. J .u,}, hail no acceleration oCttureJ.
<br />IO) Harrower cures aL' Mtathes ul any other a nano or agreements ur Honower wmameJ m this Ueed of Trull:
<br />(1'1 lurrower pays ail reasunahir expcn+CS , aurc Iv by i ender anJ -inulrc w chi urpng the . chants anJ agrermm~t> or
<br />Hunowsr a-omauttJ in Chu L)ttd u[ ~(lu>t anJ u, rlrt ursine LenJrr'+_ artJ IIn,ICC', rtmtJlts asvJxnviJCd :n parug[apb IN
<br />hereof. including. Out not hmucJ ai. reaxmabk atlornt/''• tct:..u1J Ids Hm rower cries +uch aeuon .n l.cndzr may re:uonably
<br />rcyu«c to «usurc that Utz lien of th,s DeeJ of i'r u,t, I ender'+ nune,i m the Propznv .uul Hnrrow n', uhhgauun io pas
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