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<br />81- c~c,347 <br />9. Cetdewtnatlan. The proceeds of any award ar claim far damages, direct ar consequential, in connection with any <br />condemnation or other taking of the Property, or part thermf, or for conveyance in lieu of condemnation, are hereby assigned <br />and shall lee paid to [.coder. <br />In the event of a total taking cf [he Property, the proceeds shall be applied to the sums secured by this Deed of Ttvst. <br />with the excess, if any, paid to Barrowec In the event of a partial taking of the Property, unless Borrower and Lender <br />otherw"tee agree in writing, [here shall be applied to the sums secured by this Deed aE Trust such proportion of the proceeds <br />as is etptal to that proportion which the atrtount of the sums serutrd by this Deed of Trust immediate{y prior to the date of <br />taking bears to the fair market valeta of the Property immediatety prior to the date of taking, with the balanrx of the proceeds <br />paid to Borrower, <br />Ii the Property is abatedoned by Borrower, of if, after notice by Lender to Borrower that the condemnor offers to make <br />an award- of settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date such notice is <br />rnaaled. Lender is authorized to collect and apply the proceeds, at Lender's option, either to restoration or repair of the <br />Properly or to the cures s~ttred by this I3ced of Trust. <br />1lntess I.ertder and Borrower otherwise agrce in writing, any such application of proceeds !a principal shall not extend <br />or postpone the due dare of flee tttonthly instatlmenis referred to in paragraphs }and ?hereof or change the amount of <br />such ittistaslments. <br />18. Horrasrer Not Released. Extension of the time for payment or mcxtificatian of amortization of the sums secured <br />by this Dad of Trust granted by !.ender to any successor en interest of Borrower shalt not operate to release, in any manner, <br />the liability of the original Borrower and Borrower's successors m interest i.ender sha0 not be required to commence <br />proceedings agaitrst such sttccasor or rtfuse to extend time for payment or a[herwise modify amortization of the sums <br />scented by this Deed of Trust by reason of any demand made by the origins) Borrower and Barrawer s successors in interest. <br />f 1. Farbearaaee by [,ewdtr Nat a Waiver. Arn~ forbearance by Lender in exercising any right or remedy hereunder, nr <br />otherwix affott~d bV applicable law, shalt not ku a waiver of ar preclude the exercise of any such right or remedy. <br />The procurentcrtt n( ittsurence or the payment of taxes or erther liens ar charges by (.ender sha1F nor be a waiver of Lender's <br />right to accelerate the maturity of the iadchtedness secured h}' !his Dccd of Trust. <br />lI Rewetiks Cattattlatave. Ail remedies provided in this Deed of Tntst arc dtshnct and cumulative to any other right <br />cu remedy under this Deed of Trust or aitorded by law ar equity. and may h¢ exercised concurrently, independently ar <br />soccasivelyy <br />13. $aeeessoss awd Atragaa Heartd: JoMt and Several f_iability; Gptietts The covenants and agreements herein <br />contained shall bend, and the :fights hereunder shall inure ta, the respective successoa and assigns of Lender and Borrower. <br />sttbjeet to the ptm~~isions of paragraph }7 hereof. AH covenants and agreements of Aorrower shall be joint and several. <br />The captions and headings of the paragraphs of this Deed of Trust are for convenience only and are riot to be used to <br />interpret or tle5ne the pravm-iotts hutxf. <br />I0. Netlce. Except for any nonce rcqutred under applicable law to he given in another manner, ta) any notice to <br />Borrower provided far in this Deed of Ttus[ shall be given by mailing such Wooer by certified mail addressed to Borrower at <br />the Property Address or a[ sash other address as Borrower may designate by notice to Lender as provided battle, and <br />fib) any rtoti[t to lender sltafl tx given by certified mail, return receipt requested, to Lenders address stated herein ar to <br />such tdhar address n Lender may designate by notice ro Borrower as provided herein. Any notice provided for in this <br />Deed of Tntst shall tee deemed to have !teen given to Barrowcr ar Lender when given in the manner designa[cd herein. <br />IS. Uaifarw 1)esd of Trade Gavernitrg I.aw; SererobflUy. This farm of deed of trust combines uniform covenants for <br />national flee and non-uniform covenants with limited vanatians by jurisdicuan to constitute a uniform security instrument <br />caverattg reef property. This Deed of Trust shall t+e governed by she law of the )unsdiction in which the Property is located. <br />In t~ tven! that, any pt'wision or clause of ihts Deed of 7"rust nr the Note conflicts with appticabte law, such conflict shall <br />trot affect other provisaoro of this steed or Trust nr fie dote which can he given eliect without the conflicting provision. <br />and-ta this_tasd the pravisioaa of the: Det:d at Trust and the Note arc declared to he severable. <br />I6. ,grower's Copy. $ormwer shag lx furnished a conformed copy of the Note and of this Deed of Trust at the time <br />of executiaa as elect rtcotdatiao-helot. <br />I7. Ttswster of tbs Ptopn.,r; Aasamplinx. tf ail or any part eE the Property or an interest therein is said ar transferred <br />by' Hot'rowtr without Lender's prior written consent, axe}ttrfing ta) the creation of a lien ar encumbrance subordinate to <br />this Deed of Trust, (b} the crcafaon of a purchase money security interest Erie hauseho)d appsianees, te) a trans[er by devise, <br />descent or try opgxtaon of law upon the death of a taint tenant or id) the grant of any leasehold interest of three years or less <br />riot containing an option Eo purchase, I..ender may, at Lender's option, declare all the sums secured by this Deed of Trust to be <br />tmmedaately floe and }tayabke. i.ettder shall have waived such option w accelerate if, pear to the sale or transfer, Lender <br />and the person to whom the Property is to Ex sold or transferred rcsch agreetmnt m writing that tht credit of such person <br />is satisfactory to Letxler and that the interest payable on the sums secured by this Deed at Trust shall be at such race as <br />l.tnder shalt request. if Ltndu bas warved the option to accelerate provided in fits paragraph) 7, and i[ 9arrowcr's successor <br />in interest has executtxf a written sswmptwn agreement aceeptesi [n writing by Lcndu, Lender shall release Borrower from <br />a!1 obtiga[rons under this Deed of Trust and the dote. <br />If L.todtr eacreiaes such option to acceerate. Linder shall mail f3errower notice of acceleration in accordance with <br />~ragrapb !4 htreot. Shah rsottcc she!! provide a peritxl of sot toss than 30 days from [hc date the notice is mailed within <br />which fiarrowu may pay the stems declared due. It Borrower Earls to pay such sotto prior ur the expira[ian of such period, <br />Lendsr may, withtzul further nWacc or demand on Borrower. inxakc ant remedies pcrmittef by paragraph 18 hereof. <br />Pion-U~ttoant CoviKeNrs. Borrower and Lender funlter cavicetant attd agree as loisaws: <br />1& AccelerNiow; Retttedies. lttcept as provided tq paraRrapb 17 hereof, rtpaa Haerower's 6rtach of any coverwat or <br />agrseaicwt of Hwrowsr is this Deed of Trtrttt, ancladiwg the crsvsaaats to pay wbeq doe any swab secused by the Dced <br />of Tretst, Leadaa prior to acceierataaa shall fetal nosier to Harrower ~ provided in pangrap6 14 6ereat sptxatyiag: (I) the <br />4a+ck t2} ~ aa9iow required so ears each ttrrach; (3} a date, wet leas thaw 3H days from the dots Ole notice is mailed to <br />Borrower, sty wbaeb stttdt breach mad 6e cured; awd ti) thN faiige to cure such breach oa or before the date speca6ed <br />alt the nailcs tatty resale iu uceteraliou uE the stems secrtrtd 6y chic Deed of Trull sad sale of the Property. The uolkr <br />shag ftrdbsr aatorw Borrower of the right w reamtate after accekratiou and tits right to brattg a court artaow to essttt <br />the aep-sxiateacs of a ti~aaLl ur awy r defewse of Bosrower is scceteraffoa aad aatc. If the bleach is not cared <br />aw or before the date sptuciRed iw the antics, lxsaler at f.eader's optaao may declare all of the soars secured by flits Dsed <br />of Treat to bs etY floe sad payable witbmtr (tether deatawd attd may invol[s the paver of sale and awy dher remedies <br />pernaftNed by law. I.ewdsr shall be entatted to coleect all reasoaaede costs amt exQewses it:carred in ptttsaiag the <br />rcaxd~ paoti iw flue ptusgsa~r li, Inetadi~, bra aid Berated Io, re~zoaabie attwaey's tees. <br />I[ Ne power elf sde b htvalted, Traslee shall reread a atitice a£ default iw each county is which the Property or sours <br />poet Nereaf fa located wed shdF mall copies of web rwtace an the leanest paescrabad by applicable Few to Barrowcr aad to flat <br />~+ persoas Pt~r+bs'd by ttpplkakit taw. AESer the lapse at such tame as may bs required by applicable law. Trastee shall <br />aWke of sale to. the persons wed aw isle maaaer prtscribed by apptarahk law. Trader, without tkmaad os <br />er, siurH seN the Property u pabtic aacfioa is the biigbest is<dder a[ tbs tuate and place attd awdn the [artm detaigna#ed <br />m ~re eetNice ~ sale m owt_oe flute purctlt f~ in sec6 order to Trusfes maY detertuiae. Trt~tec may postpone sale a< all <br />err t>wJ' parcel r i tbs ltrapesty by pttbBe atinoaossmcat at the tb~ at;td place of say preraowly scheduled sale. tender or <br />E+ae#a''s tMrigt ee tw}y ptrrciipe pie 1r<wperty at ~' sate. <br />res~.fi~tt of paymseat afi6e price bid, Trrdtes shay delayer in the purrbsser Ttroctce's dead crsnveyf>tg the Prropcrty <br />said, ~rttc~t lA the Ttirtee's dead stuff be prams fade evidegce of the truth of the sEatemsats made tbtxein. Trustee <br />tlte~~ rte p!e-cede m flit foBarvmtt order: fat to rdl retateaabie crests sad ercpsawss of the sale, ~ bed <br />tttai to. sisss_of sot-mere tbmt_ _ _ °Je of pis grass sale prier. reasonable attaruey's fen sad casts of <br />Etst~,, (!rj i9 a~ staff wreared ~y his iJ~ des Truss; and fc} the excess, if any, to the person or Pcasnws k~t1Y ewthkd <br />I~p. Bavtawtr'aRigldEa B Notwttttstanding l,.cnder's accelcratann of the sums sutucd by this Deed of Trust, <br />BorFaVrcr shelf bast f)tr right to hays any praceedangs begun by Lendtr to enforce this Dtasd of Trust diseontinusd at <br />aayr itr»c peer to the eartrer ~ ort:ur of ta} the fifth day before the sate of tfic Property pursuant to the power of sale contained <br />to 1t}ir, heed oi -Frtixt tM (n}tydry of a ' t enforcing this Decd of Trust if: fa)-Borrower pays lender ail sums which would <br />be theta flue atnder the l7aed of Trttst: t lgote and Hate. scretring Futarc .Advances, if any, had •no areskratiitn ctccurrcd: <br />fh} Botrnwer tixCCS all b}[aschra of any other covenants ar agrccmcnts of Harrower contained in this Decd of Tats[ <br />i<} Borrtncer fops alt reasfmabk c±tpctrsts iret:urrcd try tender :ltd Trusts in enforcing the covenants and_agrecatcn3s ;+f <br />8atn+wrr cutittis}cd an this itF Trust and to ottfareing Lendct"s etas Tnstsc'z retttedies as provided in paragrap:t tH <br />tiFreaf, ittclttditid,l not timittd ta, rsaiarnabk aHOrnsy'x fens: and sdy borrower tales curb action as Icttttcr Wray reaeanahsy <br />tYa}reite to nsz#r+r,-##rat.'tles, lira at flats 'Aced of Trust. i_emter's intetcu in t>x Property and B<urowtr's obligatiare to pay <br />