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<br />9. Condeannation. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condemnation or other takiog of the Properly, or part 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 Property, the proceeds shall be applied to the sums secured by this Deed of Trust,
<br />with the excess, ii any, paid to Borrower. In the event of a paella: taking of the Property, unless Borrower and Lender
<br />otherwise agree in writing, there shall be applied to the sums secured by this Deed of Trust such proponion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Dced of Trust immediately prior to the date of
<br />taking brats to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Bottower.
<br />If the Property is abandoned by Dorrower, or if, after natice by Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim for damages, Dorrower fails to respond to Lender within 30 days after the date such notice is
<br />mitiitd, Lendtr is authanzed to collect and apply the proceeds, at Lender's opuon, either to restoration or repair of the
<br />Property or to the sums secured by this Dced of Trust.
<br />Unless Lender and Borrower otherwise agree in writing, any such appGcauon of proceeds to principal shall not extend
<br />o[ postpone the due date of tht monthly installments referred !o in paragraphs ! and 2 hereof or change the amount of
<br />such installments.
<br />I6. Borrower No! Released. Extension of the time (or paymrnt or modification of amortization of the sums secured
<br />by this Deed of Trust granted by Lender to any successor in rrsterest of Borrower shall not operate to release, in any manner,
<br />the liability of the original Dorrower and Dorrawer's successors ir. interest. Lendtr shall not 6e required to commence
<br />proceedings against such successor or refuse to extend time (or payment or otherwse modify amortization of the sums
<br />secured by this Deed of Trust by reason of any demanC made by the orginai Dorrower and Dorrower s successors in interest.
<br />11. Forbearance by Lender \ot a Waiver. Any forbearance by tender -gin excrcrsing any right or remedy hereunder, or
<br />otherwise afforded by app':icab'e 'aw, shat' not be a waiver of ur preclude the estrase a( any such right ar remedy.
<br />The procurement of insur:mce or the paymcn: of taxes or other ':ens or charges by Lender shalt not be a waiver of Lender's
<br />right to acceterate the maturity of the indch!tdncss sccurCC °„y fi„s De;:E-~=:-r-- - --~- ---_ __
<br />12. Remedies Cumulative. A! remedies prowdcd in the Drcd o! Trust arc distinct and cumulative to any other right
<br />or remedy under this Deed of Trust or atfvrded by 'aw or equi+y, artd may be exerdstd concurrently, independently or
<br />successively.
<br />I3. Successors and Assigns Bound; :Dint and Severn Liability; Captions. The covenants and agreements herein
<br />contained shall bind, and the rghts !:ereunder sha L' inure ta, the rcsncctive successors and assigns of Lender and Borrower,
<br />subject to the provisions of paragraph " hereo:`- A!I covenants and ugrecmens of Dorrower shall be ;Dint and several.
<br />The captions and headings of the paragraphs of this Derv of Trust art for canvemenec only and are not to be used to
<br />interpret or define the provrsions hereof.
<br />14, Notice. Except for any nonce required under apohcab!t 'aw to be given .n ano[her manner, (a) any notice to
<br />Borrower provided for m this Deed of Trust sha`.! 6e given 6y ma~!ing such notice by certa!ed mail addressed to Dorrower at
<br />the Property Address or at such other address as Dorrower ^:ay designate by ^oucc to ' e..^.der as provided herein, and
<br />(b} any nonce to Lendtr shai be grven by certified ma:!, return rectip'. reyucucd, to Lender's address stated herein or to
<br />such other address as Lendtr may designate by not!ce lu Iicrrower as provided harem. Any nonce provided for in this
<br />Deed of Trust shall be deemed io have been given :o Dorrower c,r Len:ier when giver. in :he manner designated herein.
<br />15. Uniform lleed of Trust; Corerning Law; Serenbility. -r ~ s .`orr^ of . e~_d ,tf gust comb;r.es uniform cavenams for
<br />nations! use and non-un}I Orrn covenants w+ih !.mncu var.;:!. ur:z by _ursd:coon !u cons:,tWe a uniform security instrument
<br />covering real property. 7h:z Need of ':'rust shai' !-sc governte :;y 'hr .aw ~.:!tr rad~.c:run :n witch the Properly is located.
<br />In the event that any provision or c'.ause :: phis Dced of ":~rus! ur :he \mc .,,,. ~.~ wnh app6cab!e law, sue`.: conflict shall
<br />not affect Debt. proofs+ons vl ~h-s DecC of Trust ur the ~o:e wn-e^ ... ::c n~,cn e:xc! without the corf!icting provivor.,
<br />and Eo this end the prov:r.ons u: the Dctd of ':"rust arse .~c tio:r are ,:rr.;u t.: 'o 'he srverab!e.
<br />16. Borrower's Copy. Dorrower s..^.a7 be !urnsntu a ronfarmcd ceoy o' :hc Nere :md o: this Detd of Trust at the time
<br />of execution or afrcr recordation hereof.
<br />17. Tttusfer nt the Proptny; Assumption. !` a!! or any Part o' :he Properly or nn interest therein is sold Or transferred
<br />by Borrower wdhout Lenders ?tint -w;r.!rn e:onsent, cne:udmg t:. '^c :reat:on of ;+ ':cn or encumhrmce subordinate to
<br />this Deed of l"rust, (b; the zreatun of a 9urchase money securty ~r:tLrest `or !~~uuscho:d appliances, (cl a transfer by devise,
<br />descent Or by operation of 'aw upon t'^.r death c. a ~u+r! ;c,:an! ur ( .r grim o ny ;~asehuid interest of rhreC yuus ur less
<br />not containing an opuon !o ~~ ase, t r '4 • ma} ~cr:der s Op -. at, .e ~ -'. the suns sea.arcd by 'his Dced of Trust to be
<br />immediately due and payabt. " nder sn.i ' have wu:red sue.:- ~p run a ,<.c-.era ~ - ; tint a !.`:e sa'e or transfer, Lender
<br />and the person to whom the Property s :u br sold or 'ransftrre:i rta.h agrcc:ncn! :n svrnng :hat the credit of such person
<br />is satis(aetory to Lendtr anJ that the ,n!trn; ^,u yab~e on :.^.t >ums occurcv `.'y :"is DtC.: o± '. rJ 51 ,ha'. bt al such r:,tt as
<br />Lender shall reyutst. !f tsndtr has warvu± :he .:?~mn to acre:em~~e nru+~dcd - '!: > paragraph ! :md -' Dorro.ver's successor
<br />in Interest has executed a wnlten assn+n pt on agreement accepted :r..u, g'.,y Lender, L.c.^der'zha'-. Sri^ase Dorrower from
<br />aU obligations under this Deed of Tr usi :end the Vote.
<br />tf Lender txcrr.srs wch op:von :o :.xettrata, :-ender shat! ma-'. 90rrawer notice of acct;cra!ian n accordance with
<br />paragraph !4 hereof. Such noo.s sha.' nruv.dt a venod of not !cs :bars )0 days 'tom the note :9e notice +s mailed within
<br />which Borrower may pay rhr SUrtfi dti'a'e' ..'4`2. :t Borrower fora 'o p.:y eu.h svn» pr.vr to ;he exp:rat:on of suc^ period,
<br />Lendtr may, wd'nout funher nui:cc ur JemanJ on Borrower, nvvne any rt mrd~es prrrn+tad ~y paragraph ' fl hereof.
<br />Non-U h:eoat~e l=Or£VnfrT±. barrow Cr and Lender further rovenant and agree as follows-
<br />!$. AccNuatinn; Remedies. Except as provided in paragraph t7 hereof, upon Borrowers breach of any cotenant or
<br />aKrcement of Borrower in rho Dted at 7Yust, including the covenants to pay when due uny sums serurrd by this lleed
<br />of Trust, Ltndu prior to accder anon shat? mail notice to llorrvwer as pruvitlyd in paragraph t4 !:crtof specifying: (t) the
<br />breach; (2) the action required to cure such breach; (3) a date, nut less tts:ut y) days from the dale the notice is mailed to
<br />Borrower, by which such breach must n cured; and ±#) !hat fv!un- ro curt such breach an or txfare the date specified
<br />in the notice may result in ac'celentian of else sums serurrd by this Dced of Trust anJ sale of the 1'rapeny. 'Ilse notice
<br />shall further inform Borrower of she rigid !u reinstate after uceekra lion and rise right ro bring a court action !u assert
<br />the ttan•existenct of a default or any other attune of Burrower !u acceleration and seta. if the breach is nut cured
<br />tin or before the date specified in the no[icr, l.cndrr at [xndrr's optwn rzsa} declare all of Use sums serurrd Gy this Uerd
<br />of Trust to be immedial ci} dot anti payable without funher demo mi and may isn tike ate power of salt and any other remedies
<br />pemtitled by applicable law. Lander shop !.r emitted to collect all reasonable ousts arid ex proses incurred in pursuing flee
<br />remedies providrd in this paragrrph Itf, ins.tuding, Gut not limited !u, reawnable attansey's ftes.
<br />lE The power of sate is invoked, Trustee shai: record a natice of defaua in Fuch county in which the Properly or some
<br />part thereat is located and shalt mat! copies u[ such notice in toe manner prescribed by applicable law to Borrower and to the
<br />other ptrvoru prescribed by appticablr law. After the lapse of such !insr as may t>e reyuireu by applicable law, Trustee shall
<br />gfve public notice of salt to rhr persos:s and in the manner geese rihed try applicably law. Trwtre, without demand on
<br />Borrower, shall sell the Pwpeny at public auction to the !siKhest bidder at the time and place and under the terms designated
<br />in the notice of sale in ant or more puceis and in such ur Jer as ~I'nsstrc may detennint. Trustee may postpone sate of all
<br />or any pared of the Property by public a:mauncrment ai t!er rimy and place of uny preriaus;y sched u':rJ seta. Lender or
<br />l_nders desl~nte may purehast the Pruprny at any sale.
<br />Upon rcreipt of paymrnt aE the prte bid, l-rustee shad deliver to the purchaser Trustee's deed conveying the Progeny
<br />sold. "The recitals in t}se Trustee's deed vhai! ire prima !aria rv idencc of the tsuth of the statements nsadr therein. "Truster
<br />shai) apply Iht proceeds of the sale in the following order: ia) lu alt rcasonabir rose and expenses of the sate, including, but
<br />not BntB[d tq 7Yusta's fats of not more than `~ of der gross salt price, reaaorsuble attorney's less and rusts of
<br />title evidence; fbj to all sums serurrd by this Uetd of Tnup and (c) the excess, if any, to the perwn ar persons legally eatitird
<br />thereto.
<br />19, Borrowers Righf to Reinstate. Nvtwithstandmg Lender's acct erauon of the slims scoured by this Decd of Trust,
<br />Borrower shall have rhr right tv have any- prcr,:eadmgs beg,:r, by Lendtr to enforce mil Decd of "`-"rust d+xcunvnued at
<br />any time prior to e!tc earlier to vra:r of r~3 !oc !+TNt day before t .e safe of lt,r Progeny pursuant to the power of sate con;amed
<br />i3 this Dtcd of Tnrat o: ial teary of a :ndgmc nt enfurcusg :his Drcd vl Tnis' -f tai Daruwtr ;+.,ys ?.cr:Jcr ,:" sums which won::;
<br />hie. then due corder this :-)crv` ar Crust. ''->r VutC -r. u,!cs s ~ r,ng Fu~urc :\.S v,s ~„ts. ~f r:y. lad nu attr.t .+'~on a .;reed.
<br />{h} Borrower torts ai; bruac has o; awy ua=rt ~:ovenatiiz ur age ten+ena of !4arr6wer :uaa:ned :o ;his f?reil e(<Trz;>t~,
<br />icl Burrower pays at; rtasunab!r esptnscs .r+c::rrrd Sy !.tndte one! ?'rus:ce n cnfwc•ng r':e c.,srnanls `e n' agrttanerits n.
<br />$Urrawcr cunt'sintd +n th?s Deco of ' .,st end :n enltaru,ng "_e+:dct's .. ?"r•,.>'et's <~nrd:rs as ;- sided !t :tar agi as=*r `K
<br />herw f, uttfadiEg, bst nc~; +imi+rd ID, reason„>'e attorney's tic--; a G .S} fw: ~u:re- Jss..:-_. , r.a asp: rr„`rr may reasu ;.Fttp
<br />tequ'rt t0 assure t;,di isle '.tit yr rhos `.)acs:.,r "!r;.s=.. '. t; ~.r3 :t?crc+.:.-, .. u,,<t-• ., ~ --yr:,;w,r-, :.b~:yar:u+- •e' : ,
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