<br />8U-U Q 5 013
<br />9. tCoudemuftk+e. The proceeds of any award ar dalm for damages. direct or consequential: in conrecdon with any
<br />rondemttation or other taking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby atsigned
<br />and rha11 be paid to tender.
<br />In the event of a total taking of the Property, the proceeds shall tx applied to the sums secured by this Deed of Trust,
<br />with the excess, if any, paid to Bortower. Tn the event of a patriot taking of the Property', unless Borrower and Lender
<br />otherwise agree in writing, there shat! be applied to the sums secured by this Dt:ed of Tnut such proportion of the pmeeeds
<br />as is egwl to that proponion which the amount of the sums secured 6y this Deed of Trust immediately prior to the date of
<br />iakieg bwrs to thtfair market value of the Property immediatel}• prior to the date of taking, with the balance of the proceeds
<br />paid to•Bortower. ,
<br />If the Property is abandoned by Borrower, or if, after notice try Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages. Harrower faits to respond to Lender within 30 days' after the date such notice is
<br />rr~dled. Lettder is authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Property or {o the sums secured by this Deed of Tntst.
<br />Unless f_tndu and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or pastpox the due date of the monthly uuta!lments referred to in paragraphs !and 2 hereof or change the amount of
<br />slsh iosWiments.
<br />10. Ranawer Nat Rekrd. Fxtension of the time fur payment or modification of amortization of the sums secured
<br />6y this Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner,
<br />the liafflity of the original 8oreower and Borrower's successors in interest. Lender shall not be required to commence
<br />prtxtedings against such sttcccssor or refuse to eztend time for paymert or otherwise modify amortization of the sums
<br />secured by this Deed of Trust by ttason of any demand made by the original Borrower and Bormwer's successors in interest.
<br />11. Igarbearfaee bt Lender Nd a R'afver. Any forbearance by Lender in exetrising any right or remedy' hereunder, or
<br />otherwiae afforded by applicable law, shall not 6e a waiver of or preclude the exercise of any such right or remedy.
<br />The prtxttrcment of insttnnce or the payment of tazra or other liens or charges by Lender shall no[ Fee a waiver of Lender's
<br />right to atxelente the maturity of the indebtedness secured by this Deed of Trust.
<br />12. ReaetYes Ca~eifNve. All remedks provided in flies Decd of Ttvst arc distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by law or equity, and map be exercised concurrently, independtntly or
<br />successivelyy.
<br />t3. Sacetsarc rd Amps Roved; lofnl aad Screed LiabiBty; CapUoas. She covenants and agreements herein
<br />contained shelf bled, hod the tights hereunder shall inure to, the respective successors and assigns of Lender and Borrower,
<br />subject to the provisiotn of paragraph 17 hereof. All covenants and agrccmen[s of Borrower shalt he joint and several.
<br />The"tlaptiotts attd headings of, the paragraphs of this 17eed of Trust are for convenience oats and are not to be used to
<br />intcrjket'or dtdme the provisions hereof.
<br />11. Nfake. F~cept for any ttotice rcgttired under applicable law to be given :n another manner. (a) any notice to
<br />Borrower provided for in [his lkcd of Trust shall ht given by mailing such notice by certified mail addressed to Borrower at
<br />the property Address of ai such other address as Borrower may des+gnate by notice m Lender as provided herein, and
<br />(b) any notice to Lender shall 6e given by certified mail, return rccetpt requested, m Lender's address stated herein or to
<br />strch other address as [.ender may designate by notice to Borrower as provided heron. Any notice provided far in this
<br />t?xd of Trost shelf ix domed ro have been given to Borrower or Lender when given in the manner designated herein.
<br />1S. Uttifortw Dees of Trtttst; GosernifR Law; SevenbBity. 1-}rts form of deed of tntst combines uniform covenants for
<br />ttatiotnl use and non-uniform covenants with limited vanaimns by lurisdict!on to constitute a uniform security instrument
<br />coveriag real properly. This Deed of Ttvst shall he governed h•. the law of the junsd:aton in which the Proper!} s lucated-
<br />tn the event that any provision or clause of flits DrEd of Trust or the Nute conflicts wnh applicahtt taw, such conflict shall
<br />!tot a$etY other prov)siom of this Deed of i rust or the Nate which can he given effect wuhotrt the cantlicting provision.
<br />atsd to this end the provisions of the Dttd of Trust and the Mote are declared to tee severable.
<br />lw Rwrtswrer's Cape, Borrower shalt be furnished a conformed copy of the Note and of this Dced of Trust at the time
<br />of ex~tttion or after recordation hereof.
<br />77, Ttwwsfer of tie Pra~tety; Atewwlptioa. if all or stay pan of the Property nr an interest therein is Bald or transferreJ
<br />by Borrower without Isnders prior written consent, excluding lal the creattan of a I;en or encumbrance subordinate to
<br />this Deed of Trust, (b) the efeaiion of a purchase money security interest far household appliances, t c 1 a transfer by devrse.
<br />descent or by operation of !aw upon tht death of a taint tenant or _ ~ - '
<br />l.endtr may. at Lender's option, declare alt the sua'rs vecured by this Geed of Trust to he
<br />immediately dpe attd payable. Leader shat! have waived such option to accelerate .1, poor to the sale or transfer. Lender
<br />and the person to whpm.the,Properiv rs to 6e sold ar transferrtd reach agreement :n wnung that the credit of such person
<br />is satisfactory to tinder and that the interest pa}able an the sums scoured by this Deed of Trust that! tie at such rate as
<br />tinder shall rtgitebL If Lettder has waived the opttan to accelerate pnv;ded ~n this paragraph i 7, and i[ Borrower's successor
<br />in in[erett hu executed a writEen assumption agreement accepted rn wnung by Lender, i_end:r shall release Borrower from
<br />all obltgatiotts under this Dted of Trust and the Kota
<br />If Lr'ttdl:r eaerises such option t sccele,~ic. Lz,-,:1zr :.,- tree;; .arruwer --:,t;re cceleratiun ~..,~cardan.^e with
<br />paragraph f4 hettof. Such natree shail,providr a period of not,j%ess than +ii days tram ihr date the nat;cc ;s mailed within
<br />which (Itrrrteryer may pay the scans declared due. if Borrower fasts to pa.rich sums poor ro the exprrauan of such period.
<br />L.snder play, without fwtlter notice or dtmand inn &irmwer. ;n+a~ke am rcrnrdtrs permitted h} paragraph 1 S hereof.
<br />1\art-UN1FORx! CovFNaNts. Borrower and Lender further mvcnant and agree as lnllows:
<br />ig. Accekrflios: Refsedie:. Except >u prorided in paragraph 17 hereof, upon Borrower's breach of any covenant or
<br />ilRrtealeM of Reerower V tiffs Decd of Trnsf, iadudnoR !ie covenants to pay when due awy sums secured by This i)eed
<br />of Tract, [.coder prior to acceirralioo suit mail notice to Borrower as provided in paragraph 14 hereof specifying: !li the
<br />breac#: i2) tit attifa re~ssitxd to cure such breach; t31 a dolt, rid Tess than 30 days from the date the notce is mailed to
<br />Ratrower, by wiitM swrb ircacb mtW err cured: awd {41 that Failure to cure such breach nn or before ibe dale specified
<br />if fir wulite my tessdl fe arceleratioa of 16e writs secured by this Heed of Tntsf and sale of the Property. The notice
<br />sitrY farrier fafastn Rarrowcr cf tie rfRbt to reiustatr after anekration and the ri);6t to bring a rd:rt aMiun is asset!
<br />tfsr aua-extartan of a detarft ar any uiller defeme of $orrower to necrlention and sale. li the breach is not cured
<br />ow a 6efort tie dale speeifiM in tie trotice. Ixnder a! !.Ender'. option may derfarr a`_l of rho snms secured by ihic Ueed
<br />of Tt+ast if be intwsediauly tint ofd payfik without further demand vtd that imteitr the power a£ cafe and am +Nher remedies
<br />perrwtsed by appfirflek law. ixndtr shall be entitled to mitect a6 reawnabk aosb and expenses incurred in pursuing the
<br />rewscdier provMed in tits paraFtapi i$, ieciadittR, bra rid timNed to, reasonable auornrv s fees.
<br />If tie puwtr of sttde fs invoked, Trustee shag mnr6 a nofice of default iu rarh county in wirix~h the Proprriv nr come
<br />prM Hereof is Ioefied awd sift! trail ropier of such notice in the manner prtw,cribed by applicably kaw to Borrower and to the
<br />dirt pttrsa~ ptexriied by appliraYk hw. After the lapse of such tutu av may fit reynired by applicnDlr law, Truster shah
<br />glee rtlYfc ssotke of tale to tie ptrsaws awd in the tnanwer prescribed by applic~blt taw. Trustee, without drnrand on
<br />Rarrawer, tJnY seN tie Prteprrty d pesblic auctiop to itu hiRirst bplder ar the lime awd place and under the terms designated
<br />iw tie wdlce-of sale if are w [ware parcels arvd in xuch order as T'nestee may determiru. T'rvstee may postpone sale of all
<br />or afy petrel of tie prapetty by paiGr anoouncrtnrm at for time and place of any peer iuusly sa hcdnied crie. Lrndrr or
<br />Leader s dtn;igwet calls parche+e lie Property at any sale.
<br />Upon receipt of payment of the price tend, "irersler shall deli+er to the purchaser Trrstre's decd conv ryint; Ihr Property
<br />sold. '(he recitsb if tie Trustees deed shall tee prima facie r+ideucc of the tntlh of Ihr statements mad! therein. Truster
<br />sbsA apply the prtecteds of Ihr sale in the fatlawin order: {{a! to elf reawnable casts and c•xpenscs of the ,rite, inriuding, t:ui
<br />nsA liasittd to, T'rustee's fees nF ltd nwre that[ 1i ~ Of 1'% of Ihr gross sate prier, rrawnnbtc xuorney's fees anal coos of
<br />title evidraer, (b) to aB sums stcurcd by This f)retl of T~nesl; and tcJ the rsccas, if one. to the peruwr ur prrsom Irsralh cnfiiled
<br />tierHO.
<br />19. Borrower's Rlgh! tU Rtinslale. tiotruthstandurp Lcodcr', accrleraurtn rat the soon... •rJ M !h.. Decd ~~I 1 nisi
<br />.Bnrrnwir shall have the right io have airy prncccding, !,a'gt;n h; 1 cndcl In c;~'.nn:e lhr, t~ec~d .,l i r.. n; ~~ vrt;nurJ .+l
<br />any lime pour to the eadrrr to ocav of i;1 the fdth airy hclurc f Y,c ..rte +,I the Pn*pcns purw.o;t lr. ;4c 1~"++. r ,d ,ale a+~m.~: orJ
<br />ire this Decd of Trust of lu} entry of a fud~rx>r+~rt rn(urein_3 thi> Deist , d gust ~! ;.i! t;ur. +r,e r+ ; . ~ I , .,Ice ,.I'. -_un, :, h;a h ,A ,v;l.l
<br />fie then due under flits (lied of l n;vt. the ',+iuh• :md nute+ tic u; u:g t noire Ad•..;aaa,, rt i ,. ~~ .J ; ~ .~ti~n; ~ u;~d
<br />(M lkrn nwre lures all buachcs nl any' other u~rrn.ans ,u .;; rcnnc rip. .» ifun o,. c; ~,n;'~;.;cJ ~ !h;. Oreel ,d ~ ~.t
<br />+c! Born,aci pays all rcasnna Mc rx proses mcutred h5 1 ender ,end A ruvr. rul~n uric flit ,~ .ureun .end .iu;.'ru~rul, .,I
<br />Bon ower contuincd in thu• Dead r+f frus[ and m cnfurctuc ! enter. ,cud lu~~lrc, i. nrc,:~=-, ~, ~; .~,Ird .n I~; ac; .; pt. i`
<br />hetcaf. ]nrluding, huf out limned to. rc.rsunahic attorney', tcc,. ,nut ;d; R,„r.~m rr c;Ai, .rn h .:~t~. ~n ~n 1 rooter r.a+ ;a.~., ~i silo
<br />*equ:ro to assure that the lira of this flied tit trust. 1 endrl , rive+r~t ;,i the P; nl~r r'+ .trio Rolr,,sa:~ ~~Dl~c.;!~~.,n ~ 1'~+
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