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4. CoadetantttFoa. The proceeds of any award or claim (or damages. direct or consequential, in connection with any
<br />cantemaa8on ar other taking of the Property. or pan thereof, or for conveyance in lieu of condemnation, are hereby assigited
<br />arai shah be psis! ro Lender.
<br />Fn fire event of a total taking of the Property, the prtxeeds shall be applied to the sums secured by this Deed of Trust.
<br />with the extxss, if any, paid to Borrower. In the event of a penis! taking of the Property, unless Bottower and Lender
<br />otherwise agree in writing, there shah rte applied to the sums secured by this Deed of Tncsf sack proportion of the proceeds
<br />as is al to that proportion wfiich the a truant of the sums secured by this Deed of Trust immediately poor to the date of
<br />takiug bears to the fair market value of the Progeny immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />4~3 ff ft~e Pr~Ky is mbandor~d by tkirrowcr, er it, after notice by Lender to Borrower that the condemnor offers to make
<br />*~ an award or settle a claim for damages, Borrower fails to respond to Lender within 3t) days after the date such notice is
<br />mated, Leader is authorized to collect and apply the proceeds, at Lenders option, either to restoration or repair of the
<br />...r Property or to the sums sratxtred by this [7+eed of Trust.
<br />Unitas Lender acrd Borrower otherwise agree; in writing, any such application of proceeds to principal shall not extend
<br />~ or postpone the dtte date of the monthly installments referred to in paragraphs i and 2 hereof or change the amount of
<br />t± such iratalirntnts.
<br />1®, Betrower No! fteltttrd. fcxtensfon of the time for payment or modification of amortization of the sums secured
<br />by this Detd of Trust granter by Lender to any successor in interest of Borrower shall not operate to release, in any manner,
<br />the tiabitity of the original Borrewer and Borrower's successors in interest, bender shall not be required to commence
<br />t~l proceedings against sorb successor or refuse to extend time for payment or otherwise modify amortization of the sums
<br />st;cural by this Deed of Trtisi by reason of aria demand made by the original Borrower and Bottowtr's successors in interest.
<br />I1. 1F'grbrxraact by feadtr Not s Waiver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not tx a waiver of or preclude the exercise of any such right or remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shalt oat be a waiver of Lender's
<br />right to 1tCte[aie the maturity of the :ndebicdnas scored by this Deed of Trust.
<br />t2 Rtisedies Caaiolki°. All remedies provided in this Deed of "Trent are distinct and cumulative to any other right
<br />or remedy under this Deal of Trust or affordetf by saw or equity, and may Ex exercised concurrently, independently or
<br />succeaively
<br />t3. Sarenoes and A+~os Booed: JoEet awd Several LiabiNfy; Captiom. The covenants and agreements herein
<br />contained shall bind, and the rights hereunder shall inure ta, the respective successors and assigns of Lender and Borrower.
<br />subjtect to the provisions of paragraph )' hereof. All covenants and agreements of Borrower shat! he joint and several.
<br />The captions and headings of the paragraphs of this Decd of Trust are for cem•enience only and are not to he used to
<br />interpret or deSnc t~ provisiorra hereof.
<br />ta. i0eitee. Except far arty notice requred under apphcabte taw to he given in another manner (a) any notice to
<br />Borrower provided for in this Decd of Trust shall )te given by mailing such notice by certified mail addressed to Borrower at
<br />the Prooertv Addttas or at st~h other address as Bortowcr may designate by notice to Linder as provided herein, and
<br />f b) any ntatice to Linder shall rte given by certified :nail, return receipt requested. to Lenders address stated tte:xin ar to
<br />such other address as L.mder may dgignate by notice to Bottowcr as provided herein. Any notice provided for in this
<br />Deed of Trust shall be dxitted to have been given to Borrower or !.ender when given ir, the manner designated herein.
<br />(~. Uaifors Decd t>F Trtastt Goveraigt taw; Severairlity. ~[:rts form of deed u€ crust combines uniform covenants for
<br />national use acid non•unitarm Covenants wnh limiter! variations by ,urisdiuion to constitute a uniform security instrumem
<br />covering real property. This Otsd of Trust shall be governed b}' the law nt the )unsdictian to '.vhich the Property is located.
<br />In the event that any provision ar clause of this Deed ui Trust or the Note .onflicts with apphcahle {aw, such conflict shall
<br />cwt efface other prvvisioms of this Deed of Trust ar the Note which can !YC given effect without the conflicting provision,
<br />and to this ttrd the provision of lire [Jettil of Trust and the tiote arc deciarrd to rx severable.
<br />fi. iarrorrtx'"s Copy. Borrower shat! 'ere furnished a conformed copy ++t thr tiote and of this Died of "Crust at the time
<br />of exex:trtion ar after recordation hereof.
<br />t7. 7ttrrrfer tit tic Property: Asatapdon. if a6 ur any part of the Property or an interest thcrtan s sold or transit. ed
<br />try Borower without Lender's prior written consent, exctudmg ia) the creation of a lien x encumbrance sutwrdinate to
<br />rlti-s Detrl of Trust, f bJ the creation of a purchase money security interest for hausctwid appitanccs, tc J a transfer by devise,
<br />cliscertt or liY operation of law upon flit rkath ai a )putt tenant or ' d) the grant of :rny ieaxhoid interest of three years or less
<br />rtot eantaining an option to purchase, Lender map, at Lernler option, dttlare sit the sums secured by the Deaf of Trust to be
<br />immediatey dstC sad payahe. Letit~r shall have •xarvsd such optarn to .tuelerate .!, prior to the safe ur transfer, Lender
<br />and the person to whom The Property :s to be sold ar tramferred reach xgreCmcnt :n wrung that the credit of such person
<br />is satis€~tary to Lender and that the tnterest P'aYable on the soon ,tturccl try !his Deed of "f rust shall he at such rate as
<br />Lt:rider shaft rcrluaL If Lender has waived the option to acrekrate provided in this paragraph 1?. and it Borrower's successor
<br />in it¢~ttat has txtxvted a written assumption agrcttrtem ac.:cptcd ~n wrung by [.ender, Lender shalt release Borrower from
<br />ail obSigations utttkr this Del of Trust and the Mott.
<br />if ndtr cxereises sus:h option to scceferate, Lender shall resit Itormwer rwtrce ui aueleration in accordance with
<br />p{raatraa~~rapb [•f hereof. Such notice shall provide a perrad of nut teas than 3U Bars from the date the notice » mailed within
<br />wlt~h Borrower may pay fire sums declared due. if Borrower faits to pay wu[ Bunn prior to the expiration of such period,
<br />L.crtder may. wuhaui Curther rrotir--e ar demand tin Barterer, rnv.rkr any remedies ptrmatted by paragraph 18 hereof.
<br />Noai-L'tvtt=ottwt Cavet+wsts. Borrower anA i~er<!er turttter covenant and agree as fellows:
<br />l& Acetduaiiar, Remedies kactya r ptovtdd is para~raplr 17 Mtrcvif, apse Horrewer's iieeach of soy coretiaal or
<br />trf >l~arerres "sre tF~ t7~ o! '[rtoE, iectsdit~ the eoreaaata to pay whta doe soy care secured by this llted
<br />of Taaai., ttoder prior to ararderatioa sMail aid) aoticx to Berro.er r~s proridtdu parapapM la htreoE specffyiog: tl) the
<br />4raaci; l2) He setters regoFnd to care sash breach; !J) a dare, wet lets elm 3@ days fro® the dale tbt notice is castled to
<br />tiotruwm, by which soc•1- irgch stttttl be cared; sad {a) thst fart to rtes sect brash w tx txforc the date specified
<br />~ the aetke tatty rttaoll is acceltratioa of the wise +xcart:d by thiir Ueed of Tract sad sate of the Properly. The notice
<br />shay ftrtUter iaforr Uerrorrr of the right !a reiaaWe after acceleralian and the city to 6ritrg a court settee to street
<br />file awrtaisttart of a tftrfatd! w say uWer tflefewer of Borrower to arxelerattoa art sate. If the breach is not cured
<br />r;a tx before the date specified is the suttee, reader si Leadtis uplioe Wray der:tsrc ag ~ the suns secured by this Deed
<br />of Ttast to be i>awediWeiy doe sod payable without farther deraad sad may Taroks the power of sett sad ary other reredits
<br />> by applieahk law. I.tader shall be entitled to collect ati rtawoable corms sad eapsrrra iacorred fa parsoiag the
<br />rcntediea provided iw this paragraph t8, iacirrdiirB, bat nW limited to, reropabte alratasy's lets.
<br />~ the powu d sae b ~retttd, Trtatet shag record a notice of dtfatdt ~ sash toasty is whist the Property or soots
<br />pact ti-ereaf es laca-ed sad shalt mall copies of sett notice is the roaaau prescribtid by a~66cabte taw to Borrewcr sad to the
<br />tinker petaoas prascrslkd br taw. After the lagete of suxb time as racy be re®aYed by applleabk law, Trsstce shalt
<br />Bice p'aiiir' setter of sale b the pnsoos sad io the reamer prt:scribed by spplicable law. Tracfee, witlsput tfaroitd on
<br />Oor:owtr, shalt ~ the Property at pa6Bc saciian W flit bigitst bidder at tie fire sad place sad cadet flit tens desiRaatcd
<br />is fir e~iar of site it oat-or raore parcels acrd ie sorb ceder r Trusts ray rtele[raise. Tractee say PaWo'r salt of sit
<br />tx at-y p>lscel of the Property M P~ aamniKxmcro >ti the tote aaA piece of artr grerioaely schedakd sak. !,seder or
<br />i.eadw's d raaY pterehac ~t Peoperfy st any seas.
<br />L re«Efd eg payreal d the price irk, TruNec shall ttt~vcr to tie prucchascr Trastce's deed ctwreying tit Property
<br />mid,. The rtti<aia let tlt Tratttet~ deed stay 6t ptiras facir crideatt of tic Umi of the staltrstMs reads theteia. Trtisttt
<br />sirs! apply the proceeds of flit sale iA the foltewiag order: (a) fo ail reasosabie carts sad expeafec of lie snit, iaclottir~, bat
<br />sot gadiied ta, Traalte's leis of sot mare thaw . p 5 °ir oL the Bross sNe price, re>aroaaitt atloroey's lets awd tvwts of
<br />11t1~ eridea~t; {-} to aM taaar secured by Iiir Decd of Tract; aed le) tit e><ce~ 't3 soy, to the petseo tx persoaa legally tyitilted
<br />iNrowK't $igW fo RaipAaFr. Nntwithstandtng Lender's accckrauvn tit the sums assured by this flied of Trust,
<br />~tli'ralret slsRll have: the rigbf to have any ptcrca:dittgs f>egun by Ixnder to enforce this Deed of 'Trost discontinued at
<br />any tiln;t prior to flit t~rfier to occur of (t) the fifth day before the sate of lire Property Punreatzt to the lwwer.nf sale contained
<br />in flits L~w;d of True or iii)-softy of a ju~tt~nt enfarcittg this Deed of Trust if: tat &irrower paps f.cndtr a.ll sums whieit would
<br />be tlreG dear ttttrtFr this fJetd of 'Tent. flee Niue and ewers sccaring f^uiuta: Advances, if any. had na aeccleraiton ekrurr¢d;
<br />lb) Boarever sires a6 brtachca tit any trttttr caacnants ar agr.,mm~ts c+f Borrowxr contained in this Iletd of Trust:
<br />fci ~otrtxwwer pays alt rcasgrwbe eapenscs irictrrrcd by Lerccftr and Tntsftsz in enfnretag the xrvenants and agrtxrtrcnts of
<br />Botrttwrr confari+cd in this i]ead of `t'rust angt to enforcing f.cnt)er°s aru3 Truuec's remedies as provided in paragraph 1X
<br />hert:asf, iartudiity, furl trot liraittsl ta, etasvrtahlt atiutney`s fees, and tck) &xrewc-r rakes such a.tian as I,ertdcr may reawnabfy
<br />retluttt to arsurc that ihr lieu of thi> Died rrf Crust, t.cndcr'a mrarest !n ilre F'rcrperty and Bornrwer's obligation tv t+ay
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