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~~,., tai;'"3'~3 <br />9. C'oademuatbrr. the ,:rvice*_•=?s of any award nr jla+m fur damages dira:ct or cnnsegtxntia!, sr. catrnation with anv <br />condemnation m atber taking of the Property, or part thereof, or for ennveyance in lieu of condemnation, are banally assigned <br />and shall be paid to Lrnder. <br />to tM_ event of a rota! taking of the Property. tht pro[eeds shat! M aap3ied to the sums xcured by this Deed of Trust. <br />with the excess, it any, paid to Harrower. In the event of a pattial taking ,+f ttx Property, unless Borrower and linden <br />atherwix agree in writing, there shall he applied to the sums secured by this Deed of Trust such proportion of the proceeds <br />as is equal to that proportion which tht amount of She sums xcurcd by this Deed of Tntst immediately prior to the date of <br />taking hears to the fair market value of the Property immediately prior to the date of taking. wish the balance of flit proceeds <br />paid m Borrower. <br />if the Property rc ahanduncd b}' Borrower, ar if. after notice by Lender to Borrower Shat the condemnor offers to make <br />an award ar xttle a claim for damages, Harrower folk m rapand to tinder within 30 days after the date such notice is <br />rvaikd, tinder is authorized So collect and apply the proceeds. at tender's option, either to restoration or repair o£ the <br />Property or to the sums xtured by this t3eed of Trtut. <br />i'nless t cndtr and Borrower otherwise agree in writing, any such application of proceeds to prirrcipa! shall not extend <br />ar prxtpone the due date n( the monthly installments reftrred to m paragraphs i and '_ hereof or change the amount of <br />such :ns[aBments. <br />10. Borrower \ot Released. Extension of i6c time for payment or malification of amortization of the sums secured <br />by rhrs Dced of Trust granted by I trader m any slices-stir rn interest of Burrower shall not operate to releax, in any manner, <br />the liability of the original Borrower and Borrowers suttessarv m interest. Lender shalt no[ be required to commence <br />proceedings against such stucessor ur refuse to extend ume for payment or otherwix modify amortization of the sums <br />secured by this Detd of Trust by reawn of any demon) made by the original Borrower and Borrower's successors in intercet. <br />i i. Forbtar9rtee by [<rdcr tint a Wainer. Any forbearance by Lender in exercising any right or remedy hereunder, or <br />otherwix afforded by applicable law, shall rant I'e a waiver of or preclude the exercise of any such right or remedy. <br />"ilia procurement of insurance or the payment of taxes or other liens or charges by Lender shall no[ be a waiver of Lender's <br />right to accelerate the maturity of the tndehtedn~ss secured by this Deed of Trust. <br />12. Remedies Cumulative. All remedies provided in rhrs Deed of Ttvst are distinct and cumulative to any other right <br />ar remedy under this Deed of "Frost or afiarded by taw or equity. and may be exercised concurrently, independently or <br />successively. <br />3. ~cctmoxs a:til Asafgtsa BaassC: :ore and ::<ve~ [.ia63!{ty; Cspsrs. The caverants and agreerr:ents herein <br />contained shall hind, and the rights hereunder shall inert [o. the respective successors and assigns of Lender and Borrower. <br />subytct to the provisions aI paragraph 17 herent Ali covenants and agreements of Borrower shall be joint and several. <br />The captions and headings of the paragraphs ut Shrs Deed of l7ust arc for rnrvenience only and are not to he used to <br />interpret or define the provisions hereof. <br />14. \utiec. Except for any notice requred under applicable .au' to rte given m another manner. (a) any nMice to <br />Burrower pravidtd for in this DeeJ of Trust shall he given by mailing such notice by ctnified mail addressed [n Borrower at <br />tbe Property Address or at such other address as Borrower may designate by notice to 1_ender as provided herein, and <br />(bJ any notice to Lender shall be given iy certified mail, return receipt reyuested, to Lenders address stated herein or to <br />such other atldress as Lender may deitgnate by nonce [n Borrower as provided herein Any notice provided far in this <br />Dated of Trust shall be deemed to have been given to Borrower or Lender whin given in the manner designated herein. <br />t5. Vniforrn Deed of Trttst; Govern{reR Law; SererabHBy. This form of deed of trust combines uniform covenants for <br />national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument <br />covering real prepetty. This Dted of Tres[ shall he governed by the law of the )unsdiction m which the Property is located. <br />In rite even[ that any provision or clause of this Deed of Trust or ilia Note conflicts wrth applicable law, such conflict shat! <br />not affect other provisions of this Dted of trust or the Note which can be given effect without the conflicting provision. <br />and to this end the provisions of the Dced of Trust and the Note are declare) So be severable. <br />16. borrower s Copy. Borrower shall be furnished a cun(ermed copy of the Note and of this Deed of Trust at the time <br />of execution or after recordation bereof. <br />17. Transfer of the Property; ,44mamptioa iF all or any pan ni the Property ur an interest therein is sold or transferred <br />bq Borrower wit:rou[ Lender's pekor writTen c9yxnt, exC{oiling Sal the creation o[ a lien ur encumbrance subordinate «t <br />this Deed of Trust, (b) the c{~g;~jtpp„g/p~ OLr)ry,~ty interest for household appbxnces. 1 cl a transfer by devise. <br />dts;ent or Y,y aptta$up s( Saw apron ttkt peatgnt tenant or Id) the grant a( any leasehold inttrest of [hret rears or less <br />oat containing an option to purchase, Lender may, at Lender's option, Declare all the sums secure) by rhrs IJeeJ of Trust to be <br />imnxdia[ely dtx and payable. Lender ;hat: have waived such option to aC'tferaie if, prior to the sale or transfer. Lender <br />and the person to whom the Property is m be sold or transferred mach a¢reement m wntine that the credit e( such persoc <br />.s satisfacioey to Lender art) that the inttrest payabit on tie sums secured iy this Dted tit T rwt strati he at such rate as <br />L.tnder shall request" if tinder has waived tFte opuun to acceierxte nrovrded in Slits narrerapEt i i. and dBorrower-s suuessor <br />n intete-s[ has executed a wrttfen a~umpuan agreement accepted m wrrung '+y Lc+.tJtr, Lender shall rtkase Horrewtr from <br />alE ablieaiions under this DeeJ of Trust unJ the Nnte. <br />if Letxicr tzerdses such optrar. to ameicrate, i.enafer shalt mad Borrnwtr n<mce oI atteleratian m actordance wnh <br />'~tagrap`r F4 4x:A(. duc-h notice shalt provide .: ;rerrrx! ai .+~t sees Shan t+'t Jays tro:n the date tk;e naitce :s mailed w:rhtr. <br />which Harrower may puv [he sums declared dot- if Borrower fads to pay such servo pear to the exprrahan of such penod. <br />linden may, without further notice or demand on Borrower, invoke any remedies permitted by paragraph I g hereof. <br />Norv-UMIF(JRM Cove:van rs. Borrower anJ Lender further cuvenanl and agree as (allows: <br />{ti.:lccekration; Remedies. Ezcepf as provided in paragraph 17 heres;f, utyon Borrowers breach of any covetranl ar <br />agreement of Borrower in the (lied of Trrrs4 ipcludiaR the covenants to pay when due any srmts secured by the Deed <br />of Trost, header prior to acceleration shall inlet rrolice to Borrower as provided fn puaRraph 14 bored[ specifyivR: (t) Me <br />brtaeh; (2) the actioe regained to cure such breach; (3) a date, not {ate than 30 days from the date the notice is mailed to <br />borrower, by which such breach nteax be cured; and (4) that failure to cute sash breach on or before flit date specified <br />m the notice may result in acceleration of the sums secured by this Deed of Treat and sale of [he Property. The notice <br />shag tunher inform Borrower rsf the right to reirssiatt after accekra/ioe and rice right to brirrR a court action to asxrl <br />the rasa-existence of a deFanh or any ot6et defense of Borrower to atctietation artA sale. If the breach is na! roved <br />00 or ixfore flit daft strecrntd in ilia noiict, [.toiler at l.eneter's optiov may declare all of the suers secured by this Deed <br />of 'i~rrui to be immediately dire and payable without further demand and may invoke the power of sale and any other remedies <br />perm{tttd by applicable taw. Lender shall be evtilkd to coHeci aB reasonahk calls and expetuYS incurred in pursuing the <br />remedies provided in thin paragraph 18, ivicerrditq{, but trot limited tu, ra:asonable attorney's Fees. <br />FF the power of sale is iavoitcd, TrrWee shall rxcard a nofict of default iv each county in which ilia Properly or some <br />part fhtreot u located and shah wait ropier of such notice iv the manver prescribed by appiieabk taw to Borrower aril to the <br />ntYer perstsns prescribed by applicabh law. After [tie lapse of such lime as may he required by appHcal# law, TrrWee shill <br />Rive public rrelke of sak to the persons soil in the mariner prescribed by appl{cabk law. Trustee, wi11qu1 demand on <br />6ortewer, shag sill ilia Property at public auction to the hFRhest bidder:f the time and pixe nail under tlce terms rip{RnWed <br />r the rrotict of sale in oat or mare parcels and in Bach order as Trwlee may deteruriae. TrrWee may pmYpone sale of aB <br />ar aaY parch of the Property by publk anrroueeemeet m the time and p{act of any previously scheilakd sak. Levdtr or <br />i,eader s aesiRnes may purchase flit Property ai any sate. <br />t?pan rxeipt of paymem of the price bid, '[rrrstee shall ddirer to [he purchaser Trustee a dttd conveyiuR li._ Property <br />said. Tire rtcaala is the Trrrsitee's deed shag be prima facie evidence of the trrt6 of the stateraenls rrradt therciw. Yruute <br />nia6 apply the prorroeds of Iht sale iv the fdbw{ag order: (a) fo all reasonahk coats awd expemea of the sa{e, inciudivR, 6ul <br />net Re3ttd ta, Trt~ax'a fees of ooi more them GS ma of t4 grrrbi sale price, rcasoeabk affarmey's fees and cants of <br />4MIt evidence; (b) ro aB liners secured by this Decd of irasl; and ic) the txcesrs, if aaY. to the Pe'raea or persons kRaYy tntitted <br />ihaaa/e. <br />I$. Bwrrawera RiRhi to Reiarrae. Notwuhstandmg Lender s acceleruteun of the wins ucureJ by rhrs Decd of l rust. <br />Harrower ahal: fray tint rrht fo have anv €,rxtedrngs baton by I ender to colorer this Ueed of i-rust 6ucun«nutJ at <br />any time prarx to rice tartrer to occur of 1+) ;he fifth Jay before the sale of thr I'ro{rtny pursuant to the power of sale umta+neJ <br />.n Shrs Detsf o{ 7 n;at ar iui entry of a prdgrnent enforcing this Deed of "f runt rf: +al Horrower pays Lender all sums which would <br />ire then Jue under rhrs t~acd rrf Tn,vt, nc~ Nott and notes xatnng Future AJvance., it any, haJ n celtraucn ua erred. <br />;h) Bin u,wtr r aSl hrcariw:,: of any ntlstr auvcnams or agrecrrnnts ,d Borrower a sva+ntJ Ana rhrs Ihed afa"(rust. <br />':.) Hnrruwtr parr aII rcaxenabit e.penus ouurrtJ by 1 enJtr and Tauter en(urcrng tt>r a, , Canis anJ agreements , <br />ttarrenver crxlFJarrW in Sirs fhxei + t i~rust ..nil m eniorcmg Lender i anvil I ructtr. rcmtJtts av pruvrdtJ r r paragraph <br />feereot" n.cis,lurg. hot n.d irnuteJ k+ reaxuralsk atirsrn<y's fora, anJ Sd) Barmwrr takes .+,:h aauon s.. 1 trader+may reaxroahA <br />r.ytarrc t+~ m+surc rhar the r~_+. a:( tb:v thxJ ni trust. i enJrr's interest +n rtrc Property eau durruwcr, ,--:htegai+++n t+, n.,. <br />