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<br />81-- (141952
<br />4. Condeuiaatbu. The proceeds of any award or claim (or damages, direct or consequential. in connection with any
<br />condemnation oe other Inking of the Property, or part thereof, or for conveyance in lieu of condemnation, arc herehy assigned
<br />acrd shalt be paid to I.euder.
<br />In the event of a total taking of the Property, the proceeds shall be applied to the sums secured by [his Deed of Trust.
<br />with the excess, if any, paid fo Barrowcr. fn the event of a partial taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured My this Deed of Trust such proportion of the proceeds
<br />as is °°uat to Lhat proportion which the amount of the sums secured by this Deed oP Trust immediately prior to the date of
<br />taking ears to the fair market value of the Properly immediately prior to the date of taking, with the balantt of the proceeds
<br />paid to Barmwer. ,
<br />/f Ike Property is abandoned by Burrower, or if, after notice by fender to Barrowcr that the sondemnor.offets to make
<br />an award or Bettie a claim for damages, Borrower fails to respond to Lender within 30 da}•s after the date such notice is
<br />mailed, Lender is authorized to collect and apply the proceeds, at Lender's option, either to restoration ar repair of -the
<br />Property or m ttiesums secured by-this IXed of Trust.
<br />Unless !.ender and Borrower otherwise agree in writing, any such application of proceeds in priaeipa! shall not extend
<br />or postpone the due date of the monthly installments referred to m paragraphs I and 2 hereof or change Ike annum of
<br />site installments:
<br />14. 1orrower NM Released. 8xtension of the time for payment or modification of amortization of the sums secured
<br />by this Deed oP Tnst s sated by tender to any successor in interest of Borrower shall not operate to release, in any manner,
<br />the liability of ttte original Borrower and Borrower's successors in interest. !.ender sha8 not be required to commence
<br />proceedings against such successor or refuse to extend time for payment ar otherwise rnodify amortization of Ike sums
<br />secured by this Deed of Trttst by reason of any demand male by the original Borrower and Borrower's successors in interest.
<br />11. Forbearance by Lender Not a Waiver. An}• forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by applicable law, shall not ba a waiver of nr nrecludc Ike cxerctxe of any 'such right or remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges 6}• Lender shall not be a waiver of Lender c
<br />right m accelerate the maturity of the indebtedness secured by this Decd of Trust.
<br />12. Remedies Cumulative. All remedies provic7d in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or afforded by taw or eyuity, and may rte exercised concurrently, independently or
<br />sUCCGSE1Vety.
<br />13. Successors, and Assigns Sound; Joint and Several Liability; Captions. The covenants and agreements herein
<br />contained shall bind, andthe rights heretmder shat) inure te. the respective successors and assigns of Lender and Borrower.
<br />subjtet to the provisions of paragraph i7 .hereof. All covenants and agreements of Borrower shall he joint and several.
<br />The captions and. headings of Ike paragraphs of this Deed of Trus[ arc for com•cnience ant} and are not to he used to
<br />interpret or define t~ provisions hereof.
<br />14. tVotke. Erccept for any notice required under applicable law ro Fte given m another manner, (a) any notice to
<br />Borrower provided for in this Deed of Trust shall be given by mailing suck notice by certified mail addressed to Borrower at
<br />the Property Addrtas,or at such other address as Borrower may designate by nonce to Lender as provided herein, and
<br />(b) any noticx to Lender Sliali 6e"given by certified mail; return receipt reyuestcd. to Lender's address stated herein or to
<br />._h eL`.xr address a; r,,,..~~. ..+~,ia;,,,,t by _ _ r.,w..r o vuiegt herein. Any notice provided for in this
<br />_ ,,. go.-- -- .~
<br />Deed oP Trust shalt be deemed Iii have 6cen given~to Borrower or Lender wfien given in the manner designated herein.
<br />li. Uniform Deed of Trull; Governing law; Sererabtlit}•. This form of deed of trust combines uniform envenoms for
<br />national ttse an6 non-artifa,- : -- -- s with limited variations by ;utisdiction io consiitutz a u.^.ifarm s~urity inctn~men[
<br />covering real proptrty. This Deed of Trust shall fie governed by the tau, of the jurisdiction in which the Properly is located.
<br />in the event [hat any provision or clause of this Deed of Trust or the Notc ,:onfticts with applicable law, such conflict shall
<br />not affect other proviswns a[ this T)g'cd of Truss or the Note which can rte gives effect without the conflicting provision.
<br />and to this end the provision of the Deedof Trust and the Note are declared to ta• severable.
<br />16. Burtosrer'a Copy. Bomawer shall be €urnished a canforn;ed copy of ttte Note and of this Deed of Trust at the time
<br />of txtxution a afar recordation hereof.
<br />1Z Ttasly oP Ike Ps~etty; Aawtnptba. If all or any par[ ai the Property ar an interest therein is sold or transferred
<br />by Borrower without Lender's prior written wnscnt, excluding ta; rite azauon of a lien m esxumbranee subordinate to
<br />this Deed of Trus[, (b) Ike creation of ^ purchase money secunty mterest for household appliances, (c) a transfer by devise.
<br />descent or by operation of law u n the death of a joint tenon Ur '
<br />..~~ t -^~+-r mac; ~!. Lender nation. decfarc all the sums secured by this Deed aC Trust to be
<br />immaiia[dy hue and payakte. Lender shalt have waived-such option tit accelerate if, prior to the sale or transfer, Lend
<br />and the person to w)uirp~FK,PrOperty is to fx soldsmtrtttsferrbd re;icli`attectnert in writing that the credit of such person
<br />is satisfactory to tinder artd th8t cite tnterest payabkon the-sums secured_ by this Reed of Trust shall he at such rate as
<br />Leader shag regticsi; If tetrdst_has waived the option to accelerate provided in this i)arigraph 17, and if Borrower's successor
<br />in interest leas exauted a written assumption agreement acttpted in writing by Lender. Lender shall release Borrower from
<br />a#f obligations under this Dead of Trust and the Note.
<br />If Leader exercises such option m accelerate, Lender shalt mail Borrower notice of acecfcratioo in accordance •••~th
<br />paragraph 14 hereof. Such notice shalt provide a period of not less than 30 days trop: the date the notice "is castled within
<br />which ~rrowcr may pay the sums declared due. ii Borrower faits to pay such sums prier tc Ike cxpira:ian :tf such period,
<br />Lender may, without further notice or demand on Borrower, m)•oke any comedies permitted h}• paragraph t 8 hereof.
<br />NoN-UNrI:ORM CovtsNRr+rs. Borrower attd Lender further covenant and agree as follows:
<br />if{. Atce;;tvutiaa; Remeiixs. Except ~ provided fn paragraph f9 icereof, upon Borroweds kreACk of any covenant or
<br />a~reerueal of Yorroser iu tkis teed of Trust, including the covenants to pay when dice any Bross secured by this Dred
<br />of Tnatt, Leader prior to acceleration shelf mail notice to Borrower a praridtd is paragrapk 14 hereof specifying: (i) the
<br />ltrieaek; (2) the action r4guircd to cure such ttreaeh; (3) a date, nd Icss clean 34 days from the date the notice is otaikd to
<br />Eonsnver, ley wkkh sash breach m+uZ lee cured: and (4) that failure Eo cure suck breach as or before the date specified
<br />is -the aotce irwsy ttsidt io acceierafion of the sums secured b; this Ueed of Trust and safe of the Property. The imilee
<br />skuN funker inform darrower of Ike right to reinstate after acreleralioa sad Ike right to bring a abort action to assert
<br />Elie resit-existraee of a default or aay other defense of Burrower to xcrlentWn sad sale. if the 6rtach is not cured
<br />oa or $efore the date specifitd in the notce, !.ender at l.emkr's option may declare all of the sums secured by this Deed
<br />of Truslto be itrtaiediNdy due and payable without funkier demand and easy invoke the power of Bak and any dher remedies
<br />permitted try appBcablr las. Lender shall be entitled to calkaN ad ressoaable ctxsis-and expenses incurred in putsuiug the
<br />temeditr; provided is This patagnpk lg, itxtudfrtg, but oat limited to, reasonable attorney's fees.
<br />N !lee poser of Bak is tavoked. Trustee Boat! record a natter of default iu each county in whkh the Property or some
<br />part thereof & (nested and xkall twaft copies of such rwrice in the nwnner prescvibed by applicable law fo Harrower and to foe
<br />Mher ptrsoas prescribed by applicable taw. After the lapse of such time as ma} be required by applicable saw, Trustee shald
<br />~ire pukUc notice of sale b ike prrsaas sad in the manner perserihed by applicable taw. "I'rasteq without demand on
<br />~onower, sWaft self tilt i'rupeAy at public auction to the higlrest 6fdder at the dote and place and under the tests designated
<br />Y lie-tseUre of safe iu arse ar more parcels and is suck order r Tntstec racy determine. Trustee may postpone sale of all
<br />or any ptsrcel of lire Properly M' public atinauaretarni at the- time sad piece ref nay previously scheduled sale. ia•ader ar
<br />I.eMer`s dedgare may pureksxsa• eke Fropeny at say Bak.
<br />Upon rectipi of payment of the price bid, Trnstae shalt deriver Ia the purrhtrer Trustee 5 deal rogveymg Ike Property
<br />sol6. Tkr rccllsls.)a fMr Trnater's dyed shag be prima facie ctidencr of the inuh of the slatcmrnts made thereto. Truster
<br />sE~k atppty Ike ppoceeds of Ike Bak fn Ike foBowi yy ordgr. {{a) to alt rrawnabfe atxts scut rxpemes of the Bak. iru:{odittg. iwt
<br />aW Hulked lo, TruWtu~x lees of aW more tiara l~l OE 1 't• of the grtua Bak price, reasoaahk atloraey'S fern and c<rsls of
<br />tit evi/letase: tkllo.all sums secured ley this Deed of Trtx~i; and icl Ihr excess, iE env, to Ike person or persons legally rntitted
<br />tkeseia.
<br />t(1. $prrusrt's Righs is Rciauatt. Nntwith.tanding Lcat.ier'. accckeratic,ri of the ,im!; .c~urcd by tFtis Deed ni TnY~t.
<br />Btr~<:'x_r :.4 ?t 2•~^• t!:':. riP,f;E +» hsve `c,~ing< i„~gin: h) t ru3cr t„ i~niorc'c tilt. t~tc cd e,E jrust discnntiniic,l at
<br />a+vy itmr-pfii+r tat the carrier to rt~itie cif tit the htth da) hc:iorc th+:..Yi.° ut the f'r„tkrty purxi:Yixt iA tttc: p;+w~ r of sale contaiimu
<br />is ikia[t~re±.tt t'Y'rer i or(iiiriury c,f-a;tidq~izteot enforcing this i?cr13 e,i l cast ii• tai i4axi,tae; t,.r„ I. cna7rr alt sum. which would
<br />#~ +~tSg~'~a~"~ igntifi this C)ecd t,€ TrrKt, ftvr N€ue- ;,nsi ttrncs u•<iaru=$ Fritnre. ,Adv,ntce+. Yt ;ire, h ~.! nu accclerai„+n =><'rurrd~.
<br />~) AVl311iY,CP C4trk'?e_atf hFtakff::ti t't asty ,.ititC! Si.4t~l1:lttt) ti Oar~,~itrefllk „1 Itar rl•MCr te,nta lnlat ,n Ilnti l~ek`{I ~,t ~fru~C;
<br />t:k Bt=rr:;r t" ) ai3 re;ss:yn»ftte raaettu•s in;:mtt'esi is}' Lc rt#cr and ~}"r s,stcr iii .nffircmg th- "i :t.tnF. and agrcrmenis cif
<br />f~i3t-fvv~er Ccyntmt ~n t6tta iyaeci ai• inr t anrt n rniordrsg 1.rr+ski"+ ici it .. ~_ mr,i i {+i cati,itd ~n p, grai ft i~
<br />hrrt+a}: i#tCllaf3tv~, h+lt-tva4-tfnF,tc~[! t.>. Y dx I~hlc ttctt rie)'~s /grs: ,+t~ +it' iivr r„KCr t k+.. Basic ;t ifr.n .rt { cnt(c t' n1a) c. sr~i,:itsit
<br />tcajt€tre tYY -afire that the !trig z f the i7eecf c:{ -t`nYSi. f <ttdxr~+ tritrre.t Yrt itr pm;:rrt} :oast B.+!;,, tlrr'~ ~.htit;at qua tx• nn,
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