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<br />4. Cawdewswatbn. Th6 proceeJS of any award or elmm fur damages, direct or consequential, in connection with any
<br />cottdtmaation or other taking of the Propiny, er part thereof, or for conveyance in lieu of condemnation, arc hereby assigned
<br />and shall tx paid ttr Lender. '
<br />to the Cvent of a total taking of the Propetty, the proceeds shall be applied to the sums secured by this Deed of Trust,
<br />with the txtess, it any, paid to Borrower. In the event of a pan;al !eking of the Property, unless Borrower and L€nder
<br />otherwise agree in writing, there shat} tee applied to the sums secured by this Ueed of Tnst such proportion of the proceeds
<br />as is equal to that proponion which the amount or the sums secured by this Dced of Trust immediately prior to the date of
<br />taking ixars to the fair market"value o: the Property imrnediateiy prior to the date of taking, with eht balance of the proceeds
<br />paid to 8ttrrtnrer.
<br />If the Fropetty is abandoxd by Borrower, or if, after notict by Lender to Borrower that the condemnor offers to make
<br />an sward or xitle a claim for damages, Borrower fails to respond to Lender within 30 clays after the date such notice is
<br />tnailtd, Lender u authorized to collect 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 />tJatess Lender and -orrower otherwise agree in writing, any such appficaiion of proceeds to principal shalt not extrnd
<br />of postpone the due date of the monthly instaNments referred to in paragraphs !and 2 hereof ar change the amount of
<br />su~hh titstalltsxn;s.
<br />Ib. Borrowtr Not Released. Extension of the time for payment or modification of amortization of the sums secured
<br />by this Deed of Trust granted by Lender to any successor in interest of Borrower shalt not ops~ratc to release, in any manner,
<br />the liability of the original Borrower and Borrower's successors in interest. 1_ettder shat! not be required ro commence
<br />proceedings against such successor or refuse to extend time for payment or otherwise modify amartizstion of the sums
<br />secure! tip this Dced of Trust by reason of any demand made by the origins! Borrower and -nrrowers successors in interest.
<br />ll. Forbearanct by Lender Not a }Valuer. Any ivrbearance by Lender m exercising any right or remedy hereunder, or
<br />otherwise afforded by applicab'.e law, she!! not be a waiver of or preclude the c.xerc+.sr of any such right or remedy.
<br />The procurement of insurance or the payment of taxes or other liens or charges by Lender shall -ot 6e a wmver of Lender's
<br />right to accelerate the maturty of the indeb[edness secured by ttris Dccd v.' Trust.
<br />!i. Remedies Cumulative. At! remedies provided in this Gres of Trust are distinc[ and cumulative to any other right
<br />or remedy under this Deed of Trust or atiprded by law or equi+. y, nd may be exercised concurrently, independently or
<br />strccessivetyy.
<br />i3. Sarc~ors and Assigns Bonnd; Joint and Several Liability; Captions. The covenants and agreements herein
<br />contained she!! bind, and the righ!s hereunder sha`:7 :note ta, the respective successors and ;usigns of Linder and Borrower,
<br />subject to the provisions of paragraph ;7 hereof. :~."• covenants and agermer.ts of -orrower shall he joint and several.
<br />The captions and headings of the paragraphs of this Dred of T.rus! arc for convenience only and are not to be esed to
<br />intrrprtt or drftne the previsions hereof.
<br />14. Notice o=xc`ept for any notice required under applicable law tv be given in another manner, (aj any notice to
<br />Borrower provided far in this Deed of T'rttst shat[ tse gsven by ma±iing such nonce '._~y certified mat! addressed to Borrower a[
<br />[he Property Address or ai such other addrer_s as -orrawer mzy designate by notice to Lender as provided herein, and
<br />(b) any notice to Lender steal! tx given by certified mail, return rece;pt requested, !o Lender's address stated herein or to
<br />sucfi outer address as Linder may designate 6y notice m Borrower as provided herein. Aay notice provided for is this
<br />Decd of Trust shalt be deemed !o have been given to Borowcr or Lcrder when given in the r`,anner designated herein.
<br />f.S. Uwifarm Beed of Trash Governing [.aw; Severxbility. This form of t'.ccd of trust cvmbsnes umtarm covenants far
<br />national ux and nonuniform covenants with ;ir^:eed vanr,:ons by }ur,sd;ct:on !o constitute a uniform security instrument
<br />corning real property. This Dced at Trust shall lac governed by the yaw o'. the ;urssdtcuon in which tilt Property iG located.
<br />In the event that any provsion or daunt of !his Decd a` '?rust or :he 'lute eon?'acts wah apptscah:e ;aw, such con!tict zhatl
<br />not affect other provisions of this Ueed of "Cron! or the tiote which can !te given e`tect wahou; the conf!ietmg provisos.
<br />aid to [his end the previsions oY the Dced of T'rusf and !hr .'late .r.e declared to `x severable.
<br />16. Borrowers Copy. BOrrawr7 shall be 'ur~~shrd a conformed cony o! the Note and o.` this Ueed of Trust at the time
<br />of execution or after recordation hereof
<br />IT, Transfer of ttre Property; Atstrmptiatt. tf a!! c:r any pan of the Property or an interest therein is sa!d or transferred
<br />6y Borrower without t emir. _ _...._. .,,.. °;..,., itg - . ,- - r, encumbrance nriaardicate to
<br />thin I?oe6 (y[ Trust, t b) the crearion vWa purchase+murcy sr vi:ty ~ntcreat~fur ~hvusehaid1app!sances, '.c t a transfer by devise,
<br />descent trr ny operation of law open rhr death of a ua;n! ;chant ur !,d i the gran! of any iraseho!d interes! of three years or less
<br />not eontaitung an option to purchase, Lender may, zt i.endcr's option, dcrtare a!: tree sums secured by this Beed of Trust ro be
<br />imrltediate{y due and peyab':t. Ixt~rr shat' !ta:rr watvcd su ` .~ on !a .:~=.e•.crate :i: pr;ar to the sale ar era..^.sfer, Lender
<br />and the person to whom [he Prspen_y is tv be so;d ar !ransfrrred reach agreetuen} it writing that the credit of such person
<br />is satisfactory is Lender and *.hai the :n=crest pavah!r on ;-it zums s~.:urcti by this Deed a "-rust shat be at such rate as
<br />L.risdtr steal! request. If Txnd~r has warve@ rhr apt tin to acCtlerax prov.;Sed in th:, paragraph f ,and .: Rarrower's successor
<br />in inttxtat has eserated a written assumptson agreement accep!ed in writing by Lender, Lender shin!' release -arrower from
<br />a!1 obligations under this L)e¢d of Trust and the Note.
<br />If t>".=+s!.r a=erei~ ~vh option ? ..._ -a!a. ? :•n~?er she'. mai± -:xrcawer notice of accr!eratian i : accordance with
<br />paragraph '-. .~f_ Strh~ ~ ~ s'?s:. ).., •..e a ;rri.,s, e e, tn,.r, . _ days team the care the notice rs mailed within
<br />which Borrower may fray tf+e soma c"sec!ared due. " i3vrrowerVfa:!, to p::y such wars eror to the expire?:on of such peeled,
<br />Lender may, withou! further notice ar demand an Iivrrawrr, invoi,e an.'s rerted,es permitted by C,aragraph ! g hereof.
<br />Non-lJntr-oa.t Cnvena!+rs. -vrraw>•r 3n.i i an,irr i;:r:her _evrna^t a^d ag:ce as fo!;ozs:
<br />iS. Areekrafion; Remedies. E'_xcept as prtwided in paragraph IT hereof, upon Borrowers brracfi of any covenant or
<br />agteea/ent of Borrower in this Beed ui Trust, including the covenants to pay when due any sums secured by !iris Uerdi
<br />of Tnxtd, Lender prior to acalerateon .ball ma8 notice to Borrower as provided in paragraph td hereof specifying: ll) the
<br />branch; (2) !fit action required to cure such 6rearb; !3) a date, not lcvs than 3U days from the date the notice is mailed to
<br />Barrowtr, 6y which sash breach muvY be cured; and t6} that failure fo cure such breach tin or before the dale specified
<br />in the nWlee may result in aeceitration of the soma secured by this Ured of Trust and sale of the Property, 'iTte notlce
<br />shat! further inform Borrower of the right to rtinstaie after aeeeleratiun and the right to bring a coon artiao to asaeA
<br />the non-ta~sare of a dtfaull nr am oihsr defense of Borrower to accriention and sate. if the breach is nut cured
<br />ow ar before rise dais specified !n itte native, Lender at trndeis aytian may declare all of the sums secured by this ]teed
<br />et Treat to be Immediately due and payable »:thnut farther demand and may invoke ifie power of sate and any other remedies
<br />pennitled by apglitabk taw. trader shalt rte entitled to coilert a!! reawnable costs and espensex inrurrcd in pursuing the
<br />reswedlts proridcd in this paragraph 18, incladireg, bat cwt limited tv, reawnabte attorney's fees.
<br />]f the power of salt is inro4ed, Trustee shall rrrord a notlce of default in each ceaniy in which the Properly or some
<br />ptart thereof !s bested and shag mail copies of such trotice in rhr manner prescritxd by applicable taw to Burrower and to tfit
<br />other perapns peacribad by app-calde law. Ater !ht tapse of such time as may be repaired by applicable Isw, Trustee shag
<br />glee pobGt notice of sak to rite persons and !n the manner presrritxd by applicable law, Trustee, without demand on
<br />9nssosrtr, tdad3 aeB tkt Pa:optrty at public auction to tht highest bidder at the time and piste and under the terrrK designated
<br />~ fht neliet of side In !tat or +tmte panels and !n lath order as Tnrster may determirtt. Trustee may postpone sate of all
<br />~ fIXy P~nJ of eke Property by pabtlc annoancetnem a! the tlmr artd place tit any previously scheduled salt. Lender or
<br />t.tadeia tfeeignee may pateMre the Property at any sad!.
<br />Upon rt•etl~ of paymewtof eke price bid, Trustee sfis0 dciirer to the putefisxr Trustee's deed conveying the Property
<br />tteM1. Ttte rttitais is the Trustee's dyed shall be prima facie evidence of the truth of the statements made therein. Trustee
<br />shaS apply! rhr proceeds of'tht tutletn the toibwlrtg order: ta) to all rrasonabk casts and exyenses of the tale, #ncluding, bat
<br />steC ihwkd ht, Tt~tte's teta ref tint mtrre fkart ?Sq ~~ '~ a€ the gro» sale price, reawnabir attarnty's fees and trysts of
<br />il~t ealdeaee; (b) eo tdl tams situred by thin 3htst of "Trust; and (c) rhr excess, if any, to fhr person ur persom legally retitled
<br />lOtaxstto.
<br />ly, Bea'rowas's R~tt fo Relmnsts. "°iotwithslanding Lender's acce!rra!ion of the arms secured by this Ueed u/ Tnnt.
<br />BMiowtet strati parr tht right to-have any proceedings begun by I_rndrr :v ratorcc !his decd «f "f'rttst discontinued st
<br />any time pilot to !fir rarlitr So trcur of (!) rhr fifth day before the salt of the Property pursuant tsr the power of date aanrarnetl
<br />in tfiis Bced of Trust or ?;i) catty esf a tedgmrnt enforcing dais Deed of '1'r ts! ~f~ %st By sower pats ender a'? sums which would
<br />]te titan doe under thix Used rtE E"r etc., rhr !stole an•,t. rrotrn sec.srreg Futa c Ad+an s,. ,! ar;p, ha~+ na ac~r:rratr.an c~tur.ed
<br />(b) 8Er€rtryFYf cares aiS hrttac'ts+ts of any t+thrr covcnal+ts nr :egr ermrris ~ -arr.rwwt cvrtaineci :n rtes t7rcd os Trs;st ~.
<br />(i) Bt+rr~rrwer }'P$~+b all reatrrsy~t#fr expenses *ftc}if?rd ~ ':.elide! -dlld Tr!:ttrc ``n try, ._-C:ng 't5r .[},-ere arils a^d :a@n:rtttrnty n1
<br />Rutio+rer chRtartt~ in this f'14t-a! o!` T'rssvt anc7 in enfttreiseg tr:adrr'a .end Tc~stee.~rrmrd:rs as ter::v;:±ta >rt aazagranit '!s
<br />l~MGrtf, inCli~°YP!g, bit' :Kr` Fmltr~ it, rra57tratFie ai (srr~y"y-fcc .€ tell iiorrssrvrr t.r~rc acw:h : c, arm as ="ender msv rr ssrtn ably
<br />require ro assn°r rhr; ".Ae ?,en crf !tux dXrs! rt. '1"r.=s*, t rrc5, s ..crest ~ .: !' r ° .c. ., Fi. ., wc' a , t .igati :n .r. c•as
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