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<br />~0- t~(.~~':~ti <br />9. Cotiahrnnation. ~l'ht pr,xe.oils of any award or Ja+m for damages. d+rect or conaequcnual,~in conrxction with any <br />cundemnatian or ocher taking of the Property, or pan thereof, or for cexavcyance in lieu of conderaation, are hereby assigtxd <br />and shall tse paid m lender. <br />to the event of a total taking of the Property, the prasctcds shall ix ;: pplxd to the sums secured by this Decd of Trust. <br />with the excess, :f any, paid !n Borrewer. in the event of a partrai taking of the Property, ankss Borrower and heudtr <br />otherwise agree in writing, there shall Ix applied to the sums secured by this Deed of Trust such propomm~ of the proceeds <br />as is equal to that proportion which the am;wm of the sums ucurtd by tMs Deed of Trust immediatsiy prior to the date of <br />taking bears to the fair market valeta of the Property +mmediattly poor to the date of taking, wah the balance of the proceeds <br />paid to Borrower. <br />if the Property is abandoned by Bneruwer, m if, after notice by Lender to Borrower [hat the condemnor offers to tttake <br />an award or stele a claim for damages, Borrower tads to retpsatul to Lender wrfhan 3G days after the date such notice is <br />mailed, Lender is authortud to collect and apply the proceeds. at Ltrrder's option, either to «storatao m repair of the <br />Property or to the sums secured by this Deed of Trent. <br />Unless !tender and Borrower otherwise agree m writing, any such application of procceds to principal shall not extend - <br />or pnstporx the due Jate of the monthly iwlallntents referred to in paragraphs t end 2 herwf or change the amount o! <br />such +nstaliments. <br />Ill. Borrower Not Reieared. i?xtension of the time for payment or modification of amomzatwn of the stems secured <br />by this Deed of Trust gramrA 6y Lender [o any sieccsssor m interest u( Borrower shall not operate to release, in any mariner, <br />the liahiiity of the original Borrower and Borrowers succeswn in interest. Lender shall not be required to commence <br />prorxedin» against such successor or refwe to axtcnd time for payment or otherwise modify amortization of the sums <br />secured by this Deed of Treece by reason of any demand made by the original Borrower am! Borrower's successors in in[emt. <br />t I. Forbearaace by Lender Not a Waiver. Any forbearance 6y Lender m exercising any right oc retreads hereunder, or <br />otherwise attortied by applicable law, shall not tse a waiver of or preclude the exercise of any such right or remedy. <br />The procurement of insurance or the payment of taxes er other lirns or charges by Lender shall not 6e a waiver of Lender's <br />right to accelerate the maturity of the indebtedness stturtyl'hy Chu [lead of Trust. <br />t2. Remedies Cirmtdative. All remedies provtded-iriahis~DteJ of Trust art Jisunct and cumulative w any other right <br />or remedy under this vied of Trust ur afiwded by ia{y or equity, and may be execcistd cotrcurren[iy, independrntiy or <br />wuccessivafy. P <br />l3. Successors and Assigns Bnuiyl; Joint aad Several I.iabiiNy; Captiaas. The covenants and agreements herein <br />contained shall broil, and the rights }xreunder ahaEl inure to, the respective successors and assigns ut Lender and Borrower. <br />suh}ect to the provisions W paragraph E7 htrcol. All ,:ovenan[s and agretmenu of Borrower shall be ;uint and several. <br />The captions and headings of the paragraphs of this Deed of Trust ore for convtnxnce only and are not to 6e used to <br />tnierpre[ nr define; ¢he pravistapsi ftereof. <br />F4. Nulice. f&xcapt fnr shy nonce rtquurd under applicable law to be green m another manner, {al any•nouce to <br />Burrower provided for in this Deed ul Trust shell kx gwen by mailing such noises by certified mail add tassel to Borrower at <br />rite Properly Address or al such other address as Borrower may designate by ounce to 1_eader as providcC herein, and <br />(b) any nonce to Lender sha{I ix given by cenified mail, rtzurn recetpi requested, to lender's address stated herein or [o <br />such other address as Lender may designate by nonce to Borrower as provided herein. Any notice provided for in this <br />Deed of Trust shall be deemed to have been given to Aorrower ur Lrnder when green m the manner designated herein. <br />t5. Uniform Deed at[ Tavs4 Governitrg Law; Sevetabilfty. ihu form of Jeed of trust combines uniform covenants for <br />nation"! i_ and non-oviform covenants with limited vanauuna by !wud+ctwn to consertute a.nniform security instrument <br />covering real properly. "flsis Deed of Trust shall he governed by thz {aw of the iurisdtction in which the Property is located. <br />in the event that any provision nr douse of this Dted ut Treat or tRe Note conflicts with applicable law, ;ach conflict shall <br />nW affect other provisions of this Docd of Trust or theNote which tan lx gnarl effect wuhout the conflicting provision, <br />and to this end the provisions of the Deed of Trust unJ the Note are tledared to 6c severable. <br />15. flotrower's Copy. Borrower shall be furnshed a conformed copy of else Nott and of this Deed of Trust at the time <br />~; execution or afar recordation hereof. <br />17. Transfer of the Property; Acsumptfoa. If alt ur any part of thin Prgpuny m an mxrest therein is sold err transferreJ <br />bq Burrower wtihout Lender's prim wrnten consent, eadudmg I s t the "creauem of a lien or encumbranaa subordinate to <br />this Deed of Trust, (h) [he Creation ul s purchase roomy security interest fnr household apphantas. tcl a transfer by devise, <br />descent ur by optrauon of Eaw upon she death of a taint tenant or <br />`- ~ ~ ~ - - Lender Wray, at Lender'> u~riar[, Jeciare :,I( the sums secured h}~ this DteJ of Trust to he <br />tnamedia{tiy due and payable- l_endtr sha€! have wa+ved sixh upuun la accelerate il. prior to the sale or transfer, Lender <br />a ,d the ih.tsu€; {s: valw:n the Property is to br- so€d ur tr-snsftrred reach agretmtnt .ce writing 313at the :.redd of such perwn <br />is satislatmry to i_ender ~attJ th:u thr iotcrtat paya6it ore the surna sccureJ by ibis Detd of "Pius{ shaft be at =uth rate as <br />Lander sdsa3l r ....`.. .# i.enclar hiss waived the oat+r.n iu acctirra it ~rovidtd -: . . <br />evx,css f •.t Ihu paragraph Ii, sou tf Aur.*ower's :uctrss<:r <br />m interest has rxecuxJ a wrvtten asaumptton agreement acccpleJ .n can Ung by Lender, Lender chaff rdt;ut Borrower from <br />ail obiigaaons under thi> 6eeJ tit T'rwt and the Note. - <br />If Lander czercists such option to accelerate, txnJtr shots nod tWrrower mice of acceleration m accordance with <br />paragraph i4 hereu3. Snch nuuce shall provide a pentxi of nut Icss Than 3u days hone the Jate the notct is tnaded within <br />which borrower may pay the soma dcciaroJ due. tf Borrower tads to pus such gums poor to the espvation of such period, <br />Lender may, wuhuut further nonce or demand ou Borrower, mcukc any remeJtca permitted by paragraph i g hereof. <br />Nor-UMroaM Cuv txanrs. Bonower and tinder further cuvenan::md agree as follows-. <br />ig. Accrirration; Remeatks. Except as pruviakd is paragraph !7 hereof, upon Ilorrowers breach of say covenant or <br />agreement of Burrower in This Ueed of Trwt, iacladieg the covenants to pay when due any stuns stored by this Deed <br />of Truss, Lender prior [o xrekcatfon shah Hari! rwlice to Burrower as provided is paragraph [4 hereof specifying: (i) else <br />breach; (2) the atiioa requittd to curt such breach; (3) u date, Cwt leas shoo 3U days from the date the nolia:e a mailed to <br />Burrower, by whkh such breach mew br cured; sad (41 that failure to cure such breach on ur before tlx date specified <br />in ihr emtict may resole in acceleration of the wins secured by Ihu Ueed tit 'I~rust and sale of Iht Properly. The notice <br />sh;A Farlhrr inform Burrower of for right !t rrinsls!e after acreleralinu and the ri>;h! to bring a cuurl action !o assert <br />the non=existence of a tkfault w any Whrr dcienae of Fbrrowrr to accrleratfon and side. If iht breach is oat cured <br />on or itrr.Yore the date specified in the nutfce, Lender at Leodei s option may declare all of the 5wns secured by this Ueed <br />of Trust Po be itntris~dialel$ doe and payable without funber Jeiaand and Huy inaukr Ifs power of salt and any Wher remedies <br />permi[Ird Iry appiieabir taw. Leadet shaft be entitled is cuAect a16 reawuable tosla and expertaea incurnd iu pursuing the <br />reaitdixs prusiakd in this paragraph Ig, includirrR, bat nut Smiled tu, reawnable aitonxy's fees. <br />II'the power art sale u iasofsrd, 'Frwlax shall record a rwlia'r of default in rash touniy in which the Properly or some <br />pave thereof u located sled shall mail copies of such nuticr in the taaoixr prescribed by applicable law to Borrower and to the <br />other person prescriltrd by applicable law. After the lapse of such lime w racy be required by appikabk Mw, Trustee shall <br />give public mifcc of sale iu Ili persow and is the maaaer prescribed by applicable law. "'tosses, withoat alemand tin <br />Borrover, _:.°.i :~eit tltr property as puhAt auction to the hq;htss bidder at fbe time grad plate and entice the terms designated <br />fn tltr auticc of sale is use nr loots pareels std is ,nth order as 'Pnxsirt may Aeircadnr. Trwtcr may pwtpoat sale of all <br />ur any parch of the isropeny by pubiii: aGitawacemert~ai the gate slut place of any previously scha:darkd sale. Lenaier ur <br />Lender's drs{Sritt may purchtsst the Pcupcrty at say sale. <br />Upuu receipt of payiaa:nt of !hr price bid, Trustee shall akliver to the yurchaser 7'rwtee's deed conve}iitg the Irropeny <br />soft!. 'l'iar recitafx is the Trasirr's deed steal! be prima fork rvideace of the truth of ibt stalrniems mode thettfa. 7"rosier <br />shall apply the proceeds ni the sale fn the fellows'p~ order, {a) to aA reasuaaDle casts aad etysesues of the salt, iiic{uabng, but <br />Cwt Amsted lo, Trustee's fees rat rot more than 1/ L Of 1 ~o o{ tAe gross sale pricy, reasonable auoroey's fees sad coW of <br />tigt tvideact; (bl to aA wnia secured by this Thad of Tout; sad (c) the excess, if any, to ibe persvw ur petwos IegaHy eatilFed <br />fiherero= <br />Ifl. $wrowers Right b RcinsiWe. Nutwithatandmg Lender's acccieratwn ui th,:.ums ,cc tired by {his Decd o! tool. <br />Borrower shalt brut fist right to have soy prcxetdtngs begun by Lrnsl::: to entor,:e ibis UttJ of Tneat ,hxununueJ at <br />any time pow 1:; Chu to her to rw:ur~ ni OJ else fiRh day before the sale of the Pnrpe:nY pu qua tit to the twwtr of sale contained <br />th this Dtcd of Trait or Iry entry u# a udgment enforcing ihu Deed of "inaat rt. tat Burrower pays Isndec ail surna whrCh would <br />be then due under Ih> [)trJ u{ Toe+t, tin Nr?te and tw{ts u:curmg Futun• AJvanzes. a .mq. had a u..e{tranan ac.urrtd. <br />ihl Borrow-rr rotes ~ II breaz hcs ~,{ ar+y other covtnams of .igrttmente of Bu+ruwa;r .. mtaintd +~ Chu {keJ +.t Trust. <br />( -> Burr ewer pal. all : xsuahie tsptnscs mcurreJ by Lender anJ lrusmc i nhx~ms the ..,. - ants .uiJ agreen;a+b <br />$orrowcr ...au„ineJ in then iked or Tr u,i .utd in enfore mg [snaer'+ .+nJ T[uvice ~. t. uedit, ,,, pi+~•.,drJ m tear~raph la <br />tutee , :init. t---.8 t i .c:{ - u ~ hie at! 3 _ - ~leJ ;J fio+r.:wcr :.+A - - - ~ii. I t.7e[ - k e.wr -t,t, <br />rrgenrc to as.sur_ .teal the teal, ..t ti as iheu ..t truss f ru.,r[ , ims.rc:t ,n for Pru_rtri. .+ett ly r,iw.r -s .-bl ga- -, , <br />