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8Q._.t3E~~288 <br />9, Cotrtitmnsiien. The proceeds of any award or maim for damages, direct ar eorstqurntial, in connection with any <br />condemnation ar other taking of tht Property, ar part thereof, or for convtpance in Lieu of condemnation, arc ixrtby assigned <br />and shad be paid to Letrder. <br />In the event of a !Dial caking of the Prnperry, the proceeds shag he apptsed to the sums secured by this Deed of Trust, <br />with the excess, if any, paid [o Borrowtr. In the r+em of a- partial taking of the Property, unless Borrower and Lender <br />otherwise agree Sn writing, there shah a applied to the sums secured by this Deed of Tntst such proportion of the prtxads <br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immtdiate)y prior to the Cate of <br />taking brats to the fair market value of the Property immediattty prior to the date of taking, with the balance of the proceeds <br />paid to Borrower. <br />• If the Property is abandoned by Bor.'owu, or if, after notice by Lender to Borrower that the-condemnor offers to make <br />_ an award or utter a dorm for damages, Borrower faits :n respond m Lender within 30 dav_ s after tF.c dart such notice is <br />mated, Lender is atrthariud to collect and apply the proceeds, at }vender`s option, dthec to restoration or repair of ;tic <br />Property or to the sums secured by this Deed of Ttttst. <br />Unless Lender and Borrower otherwise agree in writing, any such application of proceeds to principal shalt not extend <br />_ of postpone the durdate of the monthly installments referred to in paragraphs (and 2 hereof or c'-range the atnaunt of <br />such instaltments. <br />10. Borrower Nof Rrtsatted. Extension of tht time for payment or madiftcarion of amortization of the sums secured <br />by this Deed of Tntst grained by Lender to pray successor in interest of Borrower shall not operate to release, in any manner, <br />the iisbiti[y of the origins! Bortmver and Borrowers successor in inmmt. Lender shall not lx rtauircd to commence <br />proctedings against sech successor or rertue to eztenc [line for paymem or otherwise modify amortization of the sums <br />_~ secured by this Dted of Tntst by reason of any demand made by the original Borrowtr and Bonower's successors in interest. <br />I I: Forbearance by Lender Not a 1Faivrr. Any forbearance 6y Lender in exercising any right or remedy hereunder, of <br />otherwise afforded-by applicable 'aw, shall not tiro wziver of or preclude the- exereist of any such right or remedy. <br />The procuremtnt of insurance or the payment of texts or other liens or charges by Lender shalt not be a warvtr of Lender's <br />right !o acce!eratc the ma*.urity of the indebtedness secured !,y this Deed of "Crust. <br />I2. Remedies Cumulative. AE! remedies provk!eC ir. this DeeC of Trust err distinct and cumulative to any other right <br />or remedy under this Dced. of Trutt ar afforded by law or equity, and may be exercised corcurrentfy, independently or <br />- sucttssiveiy. - <br />73. Successors and Asstgm Bound; !Dent and Several LiabBity; Captions. The covenants and agreements herein <br />', contained she!; bind, and the ngats hereunder shai! inu:c to, the res acaive successors and ass,gas of Lender and Borrower. <br />'.subject to the provisions of paragraph ;'. hereof. A!' covenants and agreements of Borrowe* shall be ;Dint and severs!. <br />' The captions and headings o: the paragraphs of this Dted of 'Crust err for convenience only and are not to fie used to <br />interpret er define the provisions hereof. <br />IA. Notice. Except for any nonce reouircd under uppticabk Iaw to be given in another manner, (at env notitt to <br />Borrower provided for in !his Deed of Trust shat' he given by maiEing such notice by certified mail addressed ro Borrowtr at <br />ttx Property Address or at such other address as Borrewer may designate by notice to Lender as provided herein, and <br />tb) any notice to Lender shat! ix given by certified mail, return receipt requested, to Lender's address stateC herein or to <br />such other address as Lender may designate by notice to '3orrower as provided herein. Any cotice provided for in this <br />Deed of Trust shah be deemed to have born given'to Borrower or Lender when given ir. the manner dessgnated herein. <br />I3. Upiform Deed of Trust; Governing Law; Severabii!ty. This form of tired of :rust combines +.tniform eevenants for <br />national use anti ron•uniform covenants with limited var.auons by jursdic:;on to constitute a uniform security instrument <br />covering real propeny. This Detd of Trust shai! be governeu by the law of the jurisdiction in which the Prperty is located. <br />In the teen[ that any provision or clause of :his Deed o! "Crust or :he Note conflicts with appfcahle law, such con!lict she!! <br />not affect other provisions or this Deed of Trust or the Note which can be gtvcn ttfect wahout the contlictir.g provis,on, <br />and to this end the provisions of the Deed of Trust sad she Vote are declared to of severable. <br />Ili. Borrower's Capy. Borrower shat' hr furnished a ton farmed copy of the Vote and oI !his Dted of Trust at the time <br />of executtan nr after rccardat:nn hereof. <br />1?. Transfer of the Properly; Assumption. If a!! er any par[ of the Property or nn interest therein is sold or transferred <br />by Borrowtr without Ltadeis prior written consent, csr!ud:rg ±ai the creator. of a Len ar encu:nbranet subordinate ro <br />:his L3etd afT ~+st, fh) *.ht creator of a purchase money security interest !or houschoid app!cmccs, : rars:`tr by devise. <br />dcsccni or by opera!ion of law upon the Ceaih. of a ~c:n: ;roan; or <br />- trader may, t t_crucr`a epuon. ute'are ;:':i :=r su,^.?5 sccurtci `?::4:, .',+•~_' at Trus. •o he <br />:n:m~.t:a*.ti w a ~ -; shat` bout waved such apt,on t acceitrate ,:. prier • -tic ~ ._ -ana`tr, "_tndtr <br />and ihL person in sv horn`~tbt~Prnxrip is to oe so:d or transrcrreti reach~agretment m wri;~ng !'nal '" rot'.t::=t s::ch arson <br />is satrstaetory to f.enCtr and treat the interest Ravab't nn the >ums se.nrcd by this Dced o: ?7st ,~ _ ~! cacti rats as <br />rauE• + ,- LLndLr hds wa.- cu [. _ .,. <br />` `". - ,.,-.-.- -. -._c-' prosidtc its t"r,~s parrgra,,., ~-.~ :. s...axr. ~s ,vats:~r <br />S sterg3' h~ ~irtuss- a. ttt-^- ~'S - tv`i"! +5'.-.z.R~ !3Y ...?:~C`. v.z. .i._. ,~ _.., ..... ...,. ., ~. ~. _. .. <br />a!I3abi,gatlnnS JrtiLr :t!1) Detd Cf TrJStrand t;;^.C Natc. <br />if Lender esetches such option to a^.tderate, Lender ,hull mail Borrewer notice of ^^ce!ernon ~, r, .,,rnrdance with <br />paragraph !+ hereo?. Such rotict shai! provide a pennd :;f not less than 1p clays crone the date 'hr ~:: !,ct ', marled w,th,n <br />which Borrowtr may pay IF.e sutras declared Cut. it Barn+wcr fads to pay such sums error tt+ the tx p~ru:en of sac, ~tnod_ <br />Lendu may, without farther noticr ar Ctmand on Harrower, invoke ar.y rrmtcies permuted by ?a atgr.;p^ ' R herud <br />Mov.L'rvtr=oant Covet+.stvt s. Borrowtr and Lender tnnher covenant and agree as !e!!:rws <br />i8. Aectieratio»: Rrmtdies. Iixctpl as-pmxldsd in paragraph 17 hrreof, upon Borrower's breach of env covenant or <br />agrcemenS of Borrower in this Dted of Trent, int)uding the covenants to pay when due any sum, secures!~by this t)crd <br />of "Trust, i,ena'er prior to a,ccefrrutian shall moil notice to Borrower ax provided in pnrngrpph f4 hereof scroll vin,;: (i) the <br />breath; !2I tree action rrquirtd to curt such breach; t3) a date, rapt Iws than 3G da}s tram the doer the notice is mailed to <br />Borrowtr, 4y which such !:reach musk bt cured; and (4} that failure to cure such brrach on ur ?rrtorr t'tr date eprcificd <br />ip th? »~tirr stray result is accrlrratinn of ti+e sums sccurrd by this I)rrd pf 'Trust and sa}c rat the Pra-yertv. 'The Warier <br />stsalt funher inform Bprrower of the right ro reinstate aRer acctieratipn and the right to brio,: a court action to assert <br />the sw»-esis9ence of a drfaui! or any other defense of Bonawrr to acerieraiinn and sale. if ihr !rreach is nut cured <br />on ar .xtorr the date spetit3rd in the ostler, Lender at Lender's option !rtey dre!nre plc of the ,um+ srcurrd by this I}rr<E <br />of Trent to tx immrdlatrfy Cue and payable wiihou4 further demand and may invoke the power of sate and unv aiher rrmedics <br />ucrmistrd by spp;srabtr law. ±.rndrr shalt fie entitled in cr:llrct pli reasarsabte cysts and rxpensts incurred :n pursuing the <br />rarnedies proriped in tail paraprngh 36, irtclading. but nut limited tp, reasunpbte anoraey's fens. <br />IP tAt power ut sale Is invoked, Trustee shall retard a notice of default in cacti counEy in ,.hick the Property er same <br />past riverra# is Iaetsled p»d shah mall toplrs of spth twticr +» the manner prescribed by applicnb!r law to ISorrawrr pod to the <br />uthe* atr?u Prrs^,r4tttsf by a>`plitablr law. After the tapsr pf sorb cline as mar br regp=red Isu apphcabfe !- Truster +hatl <br />give public narks of soft- to the ptrsosfs and in the manner presetebed by applicable law, Trustee, s.ith»ut densand un <br />i~2svr. ~v~n srlt fhr Prop;rty at public autticr, to :Ste highest bidder at the time and place and :: trder the terms desit;naMd <br />ip lba nalitr of sa&-"•:n Drat ar ttverr parcels and in such urdrr as Trusire may determine. Truster may postpone sale of v(i <br />ar srvy partr# of thtYropesly Sy pu~lc annpu»eerrrent at the time and peace of any prrviausi} scheduled salt. Lender nr <br />ttndtr's deIg»rt sna~..}sun~:sasr the Property at any salt, <br />l~yare rerripi of payment a# Etta price Irid, Trwter +Sratt deliver to tht purchaser Trustee's deed run+'eying the Property <br />coed. T`tx rte+Gtks in 134e T"ruslte's deed shat' br pr"sins tarsr r.idencr of the truth of the stptrments made therein. -I'rustrr <br />- ah~t apply the prsstettds aP the sate i» t7vr fodlawtpg, order: ta} sa at! resvunablr casts pod rsprner+ of the ,vle, rnr!:rding, but <br />- tsar itrp3tsi to, Trustee"s tin a# oat ra,psf rhgn .J i rJ~ ._ -~ ni !ht grass sett price, rrawnathlr attnnrr v's frt. sod cysts of <br />tint er:denert [te} to Nld sums secured by this I)sed of T'rnst; and tc} [hr rxcrss, it ony, to the !:e rvon or persons irgu!lV a•ntittrd <br />, lterat{a, <br />-~ f4 Barrex~r'~~ight Nt Rtiaafstt, NotwdhstanCing i,cr,drr's aur!erat;an ,;, •"c +cm< ,r. vrvd e+v ,".~, '.)•: vas :,! 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