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<br />4. Ctrttdetnardbn. The proceeds of any awned or claim for damages, direct or coy ~ uemial, in connection with any
<br />rnndemnation or ocher taking of the Property, or pan thereof, or for conveyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />in the event of a total taking of the Prapeny, the proceeds shall tx applied to the sums secured by this Deed of Trust.
<br />~""' with the excess, if any, paid to Borrower. to the event of a partial taking of the Property, nnkss Borrower and Letsder
<br />r otherwiu agree in writing, ttxrc shall tx applied to the sums secured by this Deed of Trust such proportion of the proceeds
<br />as is egrul to that proponian which the amount of the sums secured by this lleed of Trust immediately prior to tht date of
<br />taking bears to the fair market value of the Proptrty immediately prior to the date of taking, with the balatsce of the proceeds
<br />paid to Borrower.
<br />If the Ftopetty es abandutmd 6y Harrower, or if, after notice by Lender to Borrower that the condanttor niters to make
<br />an acrd or saKtfe a claim far damages, Borrower fails to respnnd to Lander within 30 deers after the date such notice is
<br />ttrsikd, I.endcr is authorized to callect and apply the proceeds, at Lender's option, either to restoration or repair of the
<br />Property or to the sums secured by this Deed of Trust.
<br />tlnkss Lender and Borrower atheravise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date of tiro monthly installments referred to in paragraphs I and 2 hereof or change the amount of
<br />stech itrrtatlments.
<br />10. ®osrowM Nd Iltttereed. Extension of the time for payment or modification of amorti~a[ion of the sums secutsd
<br />by this Dtxd of Trtst granted by 2-ender to any successor in interest of Borrower shall net operate to release, in any manner,
<br />the Iiabdky of ttre origrnai Borrower and Borrnwerc successors in interest. lender shall not be required to comtnentt
<br />proceedings against such successor or refuse ro extend time for payment or otherwise modify amortization of the sums
<br />secured by this Ik:ed of Trust by reason of any demand made by the original Borrower and Borrower's successors in interest.
<br />tt. Forbearaaee hY Itndts Not a Wdver. Any forbearance by Lender in exercising any right or remedy hereunder, or
<br />otherwise afforded by appticahle taw, shall not tx a waiver of er preclude the exercise of any such right or remedy.
<br />The procurement of irrsurantt or the payment of dazes or other liens or charges by Lender shall no[ be a waiver of Lender's
<br />right to accelerate the maturity of [he indeMedness secured by this i)eed of Trust.
<br />f2. Rerwed5ts Cutarrtire. All remedies provided in this Deed of Trust are distinct and cumulative to any other right
<br />or remedy under this Died of Trust or afforded by law or equity, and may be exercised concurrently, independently or
<br />suocessivtl
<br />13. SiKrdsors acrd A~gas Igeaad; ytriut sad Borers! I.iabilBy; Captions. The covenants and agreements herein
<br />contained shall hind, acrd the nghts hereunder shall inure io, the respective successors and assigns of Lender and Borrower,
<br />wbjtxt to the provisinas of paragraph 17 hereof. Alt covenants and agreements of Borrower shall be joint and several.
<br />The rapteons acrd headings of the paragraphs of this Deed of Trust are far convenience only and are no[ to 6e used to
<br />imerprst or tkSne the provisioua hereof.
<br />iA. Nelke. Except for any rrotice required under applicable law to Ix given in another manner, (a) any notice ro
<br />Borrower provide! for in this Dad of Trust shall !x given by mailing such notice by cenifred mail addressed ro Borrower ai
<br />the i-roperry' Address or at such ether address as borrower may designate by notice to Lender as provided herein, and
<br />(b) any notice 40 !.ender shall bt given by certified mail, return receipt reyuestetl, to Lender's address stated herein or to
<br />such other address as Leader may designate by notice to Borrower as provided herein. Any notice provided for in this
<br />Dad of Trust shaft be dattrsd to have trtxn given to Borrower er Ixnder when given in tht manner designated herein.
<br />13. [3eittws Orel et TrtW; (;®reraieR t.aw; Seven6BBy. This form of decd of trust combines uniform covenants for
<br />national rue and non-tmiform covenants with limited variations by jurisdiction to constitute a unifc m security instrument
<br />srnering real progeny. This Dad of Trust shall Fx governed by the law of the jurisdiction in which the Property is heated.
<br />in the evtmt that any provision or clause of this t]ecd of Trust or the Notr, conflicts with appiicabie law, such conflict shall
<br />not sliest other provisituis of rhea Deed of Truer or the Nole which : an be given etitct without the conflicting provision,
<br />slut to this rnd the proviaio~ al the I3tesi of Trust and the Note are ::eclarcd to be severable.
<br />(6 Basrowtx's Copy. Botmwer shalt be furnished a conformesi copy n( the Noteatrd of this Deed of Trust at the time
<br />of execution or after recordation hereof.
<br />14. 7tisiaater of ttse ltoperty; Ataespas. It all ar any part at the Property or an interest therein is sold or transferred
<br />w tt..rr_,....r withrnri Lender's prior writnn conxnt, excluding la) the creation of a lien or encumbrantt subordinate to
<br />this Deaf o[ Trust, (b) the creation of a purchase money security imcrat for houschaiu' appliansu, ( = transfer !?y devise,
<br />descent or by operation of law upon the death of a #oint tenant ar (d) the grant of any {easehold interest of three years or less
<br />not cauaining an option to ptrchase_ Lender may, at i_eadsr's option, declare at! the sums secured by this Deed of Trust to be
<br />imtnediatdy due acrd ~yabk. Lender shah have waived such option to accelerate if, pricer to the sale or transfer, Lender
<br />std the perwn to wfam the Property es to be sold or iraasierred reach agreement in writing that the credit of such person
<br />is satisfsstory to Cornier sad that the interest payable an ttt sums sauced by this Deed of Trust shall be a[ such rate as
<br />Ltrrder shall request. tf :.coder has waived the option to accelerate provided in this paragraph 17, and if Borrower's successor
<br />in interest has exaWed a written assumption agranrent accepted in writing by Lender, [.ender shall release Borrower from
<br />all oWtgations under this Deed of Trivet and the Nom.
<br />if I.ertder exercises such option to ar~aierate. !.ender ,hall mail Borrower notiu of acctkraiion inrccordance with
<br />paragraph 14 !:e.~cof. ~atclt ttotict• ?halt provide a periori of not less than 3#) days from [fx date ttre notice is mailed within
<br />which Borrower Wray pay ttm sums declared dtx. if Borrower fads is pay su::lt sums prior to the expiration of such period.
<br />tinder may, without ftrnher notice or demand on Borrower, invaiec any retrxdies permitted by paragraph t g hereof.
<br />Now-Uwtetraat ~aVENANTS, Borrtnver and tender furtltcr covt:turrit and agree as fotlaws
<br />i$ At:t:akf~ Remedies. F.scep! as provided in parses 17 !cresol, apace Easrowta's breech of asy covenw/ or
<br />a~greeseat of Berrewa is this IMN of Treece, itrt the coreyab to pay w(rra levee ~y sass soured cry this Deed
<br />of Trtiwf, I,rader prrbr to arcalrratioe shah sail atrtire to Sarrowu m praviied Inc ptragrapA l< hueot specifylsg: (li tlx
<br />OrrarlK fZ) t1.a at:Hea required to cure stteh braich: tai a date. set lei thaw 3a days foss the dale the aotke is taailed to
<br />ilorrowu, fry wiicb Barb breach roast 6e coved; sad H- tbM Eati"hae to cars atrc- brwch oa m brtere the ds3e spet7~d
<br />is t-e trotke gray resale is xcelerafiea d the suss seaweed by t12is ilierd of Yelled teal sale of the Property. The troller
<br />aha9 tacthrr iafors Harraxvu of the ri)tlr! M triaslale oiler acttlrraliee sad the rat to btrieg a court acHoa to assert
<br />the rtoa~etdsteacs of a tla[wN or ^.y tr/hu deftttsse of 9wrawu to acrsisratiaa sad stir. it the breach is not cored
<br />oq a traftxe the date speciisd is the neHce, I.eoder N t.rader's opfiw say declre tip et fbe strmc seCarld by this ikxd
<br />d Trrmt to tae iwraed;at:ly der sad payable witbtra! tsrthu tlesaad sad asy iavobs the power of sale sad say other rrmedks
<br />perraitled icy ~ caw. I.tader sbaH he trrtiYed a coikeet ail reasateaWr caws trd exgreans lrrcatred is putsaiag the
<br />etarsdies provided la this pmagraph tg, iactadirrg, bat cal !laced lo, rtssoaabie ttYeraey's teas.
<br />It the power at sale $ lavolted, Trwgn s~ record ^ trtrtla of tfdatit ~ each coaaty lw vrhicb the Prepaety or some
<br />part thereof is iscatrd and shad easel copies of atreh aWiee is the tnaaaer prescribed by trppiicaMe law to emroweraad to the
<br />ether perstrts prescrihed by applicaYie hw. Attu the lapse of such rise as may ire rewired by appYcahie law, Trustee adult
<br />ghs puNk aoBee et srde to the ptxsoaa sad ea the mreaer prescribed by appfinhk caw. Truer, wisbatt demand on
<br />Marowu, shag ~ the lFreperfy sl pa`hBc atrctioa to the highest bidder at the time sad peace aaA under the terms deslptWted
<br />br the rroHcr ai sale io oat a artue paints sad in each order as Trustee may detvmiae. Trustee may pwtpoae sale of aB
<br />n say paetgt of the Property [sy ptsbi3c aeatrasceareat s the flee aed place of say preciously scieedaled sate. Ltrn~tt or
<br />Leairr's tteafprre say parchse !hr sty st aey sate.
<br />Upsr receipt at psisstrt et thee bid, Trustce rJrall tldlvu to the ptrrcbscr Trrttctee's deed reltvcylag fix Property
<br />st>li Tbr rackets la the TtaAas's tend sire be plait facie credean of the truth of the sWaseaMS made therein. Trrtstee
<br />tMY ttppb! tlrr ~r~¢ds of rie sale fa the tellewblg order. (a) to ~ reasonable cants ad ettpraas of tlw vale, iaclattiag, twl
<br />asst IitrlMd !r,'dretWet`s Fear at pal sears Hest . O S '~ o/ tla gross cak price, reaaaaaiie atiararrs fors asd cosh of
<br />tics artdraett th;> N >i dams recrttsd y' Win deed of Trxry sad fe) tfx excess, U say. to the perstra or penoas ii~.ay entitled
<br />t4: tflerrsrrrer`a RIgIM N Reieatta/e. Notwitbsunding Lender's accekratiun of the sums secured by this Deed of Trent,
<br />~psroreer shat! have the right tit have any prw.roeciings begun try Lender u, enforce thex Decd of Tnist dissonumxd ai
<br />say tame prior W the earlier to occur of (i} fix fifth day hefesre the sale of the Property pursuant to the power of sale contained
<br />io ties Deed of Teiut ww fie) eoUy of a ju rat enforcing this [kid of Tnua if: fa) Borrower pay's Lender aU sums which wotihi
<br />trc then dtte wader #fria tkxat czf Truxt, t~Natc and Holes securing Futwc Adranses, if any, had no accelcratton puttered:
<br />f1s) ifiortnwrcr esters sit txeacttes of any other covenants or agrrxmerus of Borruwrr contained in the teed of Trust:
<br />(ci Borruxver pa~+x nq rcasosaWe t:xpenses encurrcd by -.et+dcr and Truxtm en cnforcirrg the. txrvenants and agreementx of
<br />Bormwsr caataracd in this Lkead nI Trta,t and in enf+art:eng [.ender°s acrd Trustr.+t's rrmedits as provider? in paragraph i t3
<br />troreof, itsr:"~ti, t;sr# nets -aaiiat ta, rs;a,:ottabic aftottsey': fens; asxi? #d) Boxruv.es takes zrrzh aeiKSn ss Lender may rcascmahly
<br />retptire ire azure tbet the Iron of cells tlkad aI "I'nni. Lender'. tntereft rn the hropcny and Borrower's obtegaticm to nay
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