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80- UC15105
<br />4, Cottdemmtion. Thr proceeds of any award or claim for damages, direct or consequential, to connection with any
<br />condemnation or other taking of the Property, or part thereof, ur for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In [fee event of a total taking of the Property, the proceeds shall he aaphrd to the sums secured by this Dred of Tr.u[,
<br />with the excess, if any, paid to Borrower. In the event of a partial taking of the Property, unless Borrower and Ixnder
<br />otherwise agrce in writing, there shall be applied to the sums secured by this Deed of Trust such proportion of the pnxeeds
<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 f8ir market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borcower. ,
<br />If the Property is abandorted by Borrower, ur if, after notice by Lender to Borrower that the condemnor offer fo make
<br />an award or settle a claim for damages, Borrower tails to respond to Lender within 30 days after the date such notice is
<br />mailed, Lender is authorized to collect and apply the proceeds, at Lender's opuon, either to restoration or repair of the
<br />;?roperty or to the sums secured by this C;~ed of Trust.
<br />Unless Lender and Borrower otherwise agree to writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date o€ the monthly installments referred to in paragraphs I and 2 hereof or change the amoum of
<br />such tnsWlments.
<br />t0. Borrower Not Relet~. t?xtension o{ the time fur payment or modification of amortization of the sums secured
<br />by this Deed of Trust granted by Lender to any successor in interest of Borrower shall not operate to release, in any manner,
<br />the liability of the onginal Borrower and Borrower's successors m interest. Lender shall not he requred to commence
<br />proceedings against such succrxscsr or refuse to extend time for payment or otherwise modify amaruxation of the sums
<br />secured by this Deed of Trust by reason of any demand made by the Dogma! Borrower and Borrower's successors in interest.
<br />11. Ftsrbeara^ce by !.coder Not a Wainer. Any forbearance by Lender m exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not he a waiver of or preclude the exercise of any such right or ttmedy.
<br />The procurement of insurance or the paymem of taxes or other liens or charges try Lender shall not be a waiver of Lender's
<br />right to accelerate the maturity of the indebtedness secur~eCby this Deed of Trust.
<br />12. Remedks Cumulative. All remedies provided ir. this Dred of Trust . ;: Jtsnnct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by Iny hr cyuuy, .,nd may be rxrrctseJ concurrently, independently or
<br />successively. ~ 1
<br />13. S^rcesors and Assigps Bourtp; Joint sled Seven! Liability; Captions. Thr covenants and agreements hetem
<br />contained shall bind, and the rights hereunder shall inure w, the respecuvr successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragr:jph 17 herrnt All eevcnants and agrremrna of Borrower shall Fse joint and stveral.
<br />The captions and headings of the paragraphs of this Deed of "Crust arc fur umvemencr only and are not to i1e used to
<br />interpret or define the provtsiops•heleof.
<br />14. Nrstire. Except for any notice required unJcr applicable few to be grven m another manner, fat any nonce to
<br />Borrower provided for in this Dred of Trust shall 6e grven by matting wch notice uy ccnified mall addressed to Borrower at
<br />the Property Address or at such other address as Borrower may dentgnatr by nonce to Lender as provided herein, and
<br />Eb) any notice to Lender shall be given by certified mad, return receipt reyursted, m Lender's address stated herein or to
<br />strch othu address as tender may dntgna[e by nonce to Burrower as provided herein. Any nonce provided fur in this
<br />[)eed of Tres[ sha8 be deemed to have been grven to Burrower or 1_ender when grven m the manner designated herein.
<br />IS. Unifarwl Deed d Trost; GorerwinR Law; SeverablNty. Thu form of deed of trust comhmes undorm covenants for
<br />national use and non-uniform covenants wnh limited vanations by turudtcuon [u consututr a uniform security insirumem
<br />covering rpI properly. This Deed of Trust shall be governed by tholaw of the lurisdtcteon mwhich the Property is located.
<br />In the ovens that any provision or clause of this Deed of Trust or the idote conthcts wt[h applicable law, such cunfltct shall
<br />na[ affect outer provisions of this Deed of Trust or theNote which cap hr given elect without the contlicung provtston,
<br />and to this cell the provistotts of the Bceti of Trust and the Note are declared to be severable.
<br />li. iorrwwer's Copy. Borrower shall 6e furnished a conformed copy of [he Notr and of this DeeJ of Trust at the time
<br />of eeectttion or after recordation hereof.
<br />I7. Trwwrfer t>( tie Prouty; Aactrmptlon. If all ur any part of rho Pcoprrty or an interest thereto is sold or transferred
<br />by Borrowtr without Lenders prior written consent, excluding sal the ~creauon of a hen or encumbrance subordinate m
<br />this Deed of Trust, fb} the creation ut a purchase nwney securry interest for household apphaitcys, (c 1 a truns[er by devise,
<br />docent or by opention of law upon the death of a )unit tenant err
<br />Lender may, at tender's option, Jedare all the sums secured by this Dred of Trust to be
<br />immediately due and payable. Lender shall have watved such opuon to accelerate J. prior m the sale or transfer, Lender
<br />sled the person to whom the Property tx to 6e sold or Transferred reach agrtemetrt ~n wnung tDat the credit of such person
<br />is satisfactory to Leader acrd that the interest payable tin the sums sc vrcJ by thn L*=es1 of .F)'usl shall hr at such rate as
<br />Ltndet shall reyttnt. if Linder has watved the option to accelerate provided ur this paragraph 1 T. and :f Borrower's successor
<br />m interest has eaocuted a wntten assumption agrermrm accepted m wnung by LenJtr, Lrndrr shall release Borrower Irom
<br />all obtigatwns under tau Deed of Trust and the Note.
<br />!f Linder exercises such option ro acceerace, t_rndxr shall mad Born+wet nonce of aecrierauon m accordance wnh
<br />p¢ratraph 13 hrteof. Such notice shall provide a prnod of nut less loan sU days Irom tar date the ounce a mailed within
<br />which Borrower may pay the aunts deciattd due. If Borrower fads ro pay such gums poor to the rxptrauon of such period,
<br />Lender may, wtrpoul further notice 9r demand on Borrower, invoke any remeJtas xrmttteJ uy paragraph 1 B hereof.
<br />Not.-Utvtt=oa-t (nvt:t+etvts. Borrower and Lender further covenant and agree as tuHows
<br />tY. Acrekratw; Retttsediea. F.acepl >b prurided in paratrttph t7 hereof, upon Bwrowerc Drench of any cuvertrtet oe
<br />atreetwewf of lMrwwer in this DeeJ of Tra4 iwclttdi^t the covrrsaats to pay when due rm! sum serurtd by this Ikrd
<br />of Ttntst. L,ewier pritx tv sccekratiow siwN mail aWice to Borr~wrr v prosidrd in parttRrtrph 14 hetrof sprcifyiwt: (t) the
<br />Mcac\; (ZI tie ttctiaw rtytrisd ra ewe such Meech; IJ) a dWe, nW leas than 3U days from the dWr iM rwttce u mailed to
<br />Borrower, by wiiti tatci 4cacb mint M cored; and 14) list failure to care such breach ua or Deforr rite daft sprci6ed
<br />iw else wotiiee try rcwdt is accckraiiow of the surtrs accred 6y this Recd of '1'ruu and sak of tM Properly. Tie aotire
<br />siaY fwetier inform Borwwer of ik ritbt to reinstWe aNrr arcrkrWiioa seed the rq(ht to Drina a court actiow to asstA
<br />the s!w-raiilrttre of ~ detarN or a^y W-er defense of Borrawrr to accrtrratlon and sak. If the trrearh is nW cured
<br />wt or icftrre tic dale .specified io the eWirt, t.ewder W Lender's Opllna lrtay dMlare all of ihr suns secured by thu Dred
<br />07 Tea/ to M itwtwedirtely d^e and pa)tt1He witiaW t^rther demand sled may irt.u4r the power of sale and envy Wier remedies
<br />pet~ilKd by appliettbk law. trader siaN M ewtitted to collect all reasonable costs and exprrtsrs incurred in purwittt the
<br />re~dirs presided in this paraRrap- IY, inrltttdiat, bar rtW timurJ Io, reawnable anorney's fen.
<br />It fie ewer of ask n iasokd, 7"rover stall record a rwtice of default in C^rh county in whkh the Properly or some
<br />Mr1 lierenf is located awl rJaY tnttil copin of s^rY wotiee iw lltt mantur prescribed by applicable law to Borrower and lu the
<br />[Mier pettsoaa ptprrfitd by ayficaik taw- After ibe lope of srtch tiwtt as may M required by YpplAable law, Truster shall
<br />tier ptnblie w^fire d sole M tic pecs^ws stsd is tie maaaer prcscriMd by applicable law. TrtWec, wiliOW demtmd on
<br />lorrewar, ttWl tell t-e ltroperYt Y pttWc attclNM W tic 4itbnt bidder at rM liner and place and ntttler the terms drsitwWed
<br />its tit tno:ice of sorts iw wet or stare ftnrcek sad iw sack urtkr w 'frtn[re nwy determine. Trustee nwy postpone sale of aN
<br />or say pored eifJit fsaportY ix pwMic anwntrwrentr^t w sir time end place of say previously schedaied tale. Leader or
<br />Lcw/er's rbaitwee twwy prrciatc lie lwpcry tY any side.
<br />1}I'm trtccipt of paywttM trt lie prier bid, Tr^s/ee shah dtNser to the purchaser Trttster's deed caavey(nt the PropeAy
<br />sold. T-r rctilair Ire tit Trtrtaac's deed siaN M priwta fatle esldracr of the Ineti of tM slatrtneats mrde Therein. ]'rtWee
<br />siaR ttppf) tic proceed3 of the r,aler tit faYnwlpt urger: {a) to a6 rrttartoahle rusts need experttes of the sale, includiwg, bat
<br />tttN lilrtYed to. Trrslta's Iec- of war ntwe tint ~,/ Z O f 1 "+~ of fbr grove stdr prier, rrasurwttie W [otrtry's fen and costs of
<br />tlrr evfdterre; {i) N aY ewwrs raxnred by 11ua Aced of •l~rrd; and [c) lbt runs. if any, to the person ar persows lettdly eWYkd
<br />Iiaaslo.
<br />19. MrrawtPs Riritt M ReiWate. NalwHhstandmg Lender', accrlerauon of ihr soots x:curcd by thta [lied of Tntsc,
<br />Borrower shoji have the:, right t.e have any prxecdings begun by I.endrr to enforce this Dred of "Crust riisconuaurJ at
<br />any titrte prone to the lantern t0 occur of (i) tar fifth day befotr the Bair of the Prrprrty pursuant to ihr power of salt eantamrd
<br />in this Dce;d of Trust or Ui) eauy of a judgment enforcing this Decd of Trust tt sal Burrower pegs Lender all sums whtrh wmdd
<br />lee itren due utukr this Drrd of Trust, ihr Nom and notes securing Future AJvauces..I any, haJ nu acccleruuon cx:curreJ,
<br />{D) Borrower cures all breaches of any other covenants or agrcrmtnt. o! Hurtuwcr tiontatnrd ,n this Dtrd of Trust.
<br />{c) &zrrower pays all rcawnabtt e~,~enses incurred by Lender and Trustee ^t rnforeurg the .ovatanu and agrcentrms of
<br />Borrower contattud in this Dred of Trust rind in cnforcuig l.cndcr's and "?rustre's «:medres a•. provrdrJ m paragraph Ili
<br />itertinf, including. Dirt not limited to, reawnaWe attorney's fees. and Ill Barruwcr t.,Aes such action as t.cnetcr rosy reasonably
<br />require to assure toot the lien raf this Drxd of 'trust, Lender'; inmrr.t u. the Pterpcny and Nurwwer's .d,hgauon to pay
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