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<br />4. Condemnation. The proceeds of am' award or claim roe damages, decoct or conseauenLal, in connection with any
<br />condemnation or other raking of the Property. or part thereof. or for mm•eyance in lieu of condemnation, are hereby assigned
<br />and shall be paid to Lender.
<br />In the event of a rota) taking of the Property. the proceeds shall He applied to the sums secured by this Deed of Trust.
<br />with the excess. if any, paid to Borrower. In the event of a partial takine of ihr Property, unless Borrower and [_ender
<br />otherwise agree in writing, [here shall he applied to the sums secured by this Ueed of Trust such proportion of the proceeds
<br />as is equal to that proportion which the amount of the sums secured by this Deed of Trust immediately prior to the date of
<br />taking bears to the fair market value of the Property immediately prior to the date of taking, with the balance of the proceeds
<br />paid to Borrower.
<br />if the Property is ahandrv+ed by Borrower. ur if, after notice 6y Lender to Borrower that the condemnor offers to make
<br />an award or settle a claim (or damages, Borrower fails to respond to Lender within 30 days after the date such notice is
<br />mailed, Lender is 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 />Unless lender and Borrower otherwise agree in writing, any such application of proceeds to principal shall not extend
<br />or postpone the due date of the monthly installments referred to m paragraphs and 2 hereof or change the amount of
<br />such installments.
<br />lo. Borrower !Vot Released. Eztensio, tit the time for payment er modification of amortization of the sums secured
<br />by this Deed of Trust granted by {.ender to am successor :n interest o[ fferrower shall not operate to release, in any manner,
<br />the liability n( the origins! Borrower and Borrower's successors in :merest fender shall not he required to commer.:c
<br />proceedings against wch successor or refuse to cztend time for payment or otherwise modify amortization of the sums
<br />secured by this Deed of Trust t,r reason of am~ demand made by the original Borrower and Borrower's successors in interest.
<br />11. Forbearance by lender Not a Wteiver. Am k,rbearancc by Lender in exercising any tight or remedy hereunder, or
<br />otherwise afforded try' apphca Me law, shall not ht a waiver of or preclude the exercise of any such right or remedy
<br />Tht procurement of insurance nr the payment of taws ur ,+ther !loin or charges by Lender shall not be a waiver of Lender's
<br />right to accelerare the rnautrity of the mdehtedness secured by rhea Deed of 'Crust.
<br />12. Remedies Cumulative. All remedies pmv:ded m this Drell of "fntst are clarinet :md cumulative to any other right
<br />or remedy under the Detd of "Crust or atiorded M law or eyuirv, and may he exercised concurrently, independently or
<br />successively.
<br />13. Succeiears and Assigtcs Bound: Joint and tirveral i.iability; Captions. The covenants and agreements herein
<br />contained shall bend, and the nghrs hereunder shall more to. the respccuve successors and assigns of Lrnder and Borrower,
<br />subject to the pmvaions of paragraph I i hercot All covenants ,urd agreements of Rorrowtr shall he join unil several.
<br />Che captions and headings of the paragraphs of ibis Deed ..l l nut are for canvcn:ence only ;end are opt to he used to
<br />interpret ur define the provisions ttcreof.
<br />14. Notice. fixcept for any nohcr reyuued rosier appheable taw m hr given m another manner. (a) any notice to
<br />.°..^rrower prov std for in this .L?tta cif "Crust shall )x given tsv mailing sett.". optic: by certified mat! addressed ro Bn:rowrr at
<br />the Property r\ddress or at such other address as Borrower may dasignatr by nndce to 1-ender ns provided herein, and
<br />ib! any notice to Lender shall lce given by cerutied mail, return receipt requested, to Lenders address stated herein or to
<br />such other address as ixnder may des:gnatr by notice to Borrower as provided herein Any ^otice provided for in this
<br />[)cell pf 'Crust shall he deemed to have been gtyen to Borrowrr or Lender when given m the manner designated herein.
<br />JS. Uniform Ueed of 'Trust; Governing Law; 5rverability. i his farm of dteJ ut` toot combines uniform arvenants for
<br />national txse and nomumform covenants wrth Itmired vanauoas by turisdtction to constitute a uniform security mstntment
<br />covering coat property. This Dried of l'rust shall he governed by the law of the junsdicuon m whrch the Property is located.
<br />In the event that any pmvrsion ar clause of the Deed of Tntst or the Note rnnflicis with apphcahie law. such conflict shall
<br />not affect other provisions of rhea Ueed u[ hrust ur the Nnte which can lx given effect wuhow the conflicting provision.
<br />and to this end the provisions ui the Deed id Trust and the Note are declared to be severable.
<br />16. Borrower's Crpy. Burrower shall tre furnished a conformed copy n! the Note :md of this Deed of 7 oat m the time
<br />of execution or after reconiation hereof.
<br />17. Trtastrr of the Property; Assumption. if ail or an} pan of the Property rv an miertst thrum ~> said or uansferrcd
<br />by Borrower withow Lender's prior wnttcn consent, excluding :a) the creauon of a hen or encumbrance subordinate a+
<br />this Uttil of Trust, t h) the creauon of a purchase money ercurity mtrrest for ho~scholil appliances, ie 1 a transfer by devise,
<br />descent or by aperauon of law upon the death of a )pint tenant or td) the grant of any Scasrhold interest of there years or less
<br />trot comaimng an npuon to purchase. Lender may. at i ender's option. declare all the sums secured ha the Deed tit Trust to be
<br />immediately due and payable. Lender shalt have waived such upuun to accelerate of, pnor ro the sak ur transfer, fender
<br />sent the person to whom the Property is to Ht sold or transferred reach agrrentent :n wnting that the credit of such person
<br />is satisfas:lory° ice i ender snot ihaF rlit interest payauir oft the vu+as ss--career h.- ihrs D€ed o£ Trust shalt ht at such raft as
<br />I,.ender shalt rryuest. t( !_ender has watvcd the opt+ctn w accelerate pray tded rn the paragraph 3 7. and rf Bnrn,wrt's suceesxx
<br />in intrrtst has rzeruted a writinn aasumphan agrerrutnt accepted m wnting by tender, i ender shall release Borrowrr from
<br />aft oishgatr+arts .vv:dt, this Imo, rd of ~f~ruat :md rise Nutt-
<br />if itrtdcr excretscs sncH optron t<, a4ceirratr, !ender shat! tits:! Borrower notrcc :tf accelerat;nn en accordance wrth
<br />pa: air"3ph {$ h°arrOl i=t:i nptKe shall ptayidr a p:r1:~:: , , :el I- a tacit ii,E days fTOtti tier :tatc• thz ~ ::frc rs niait2.,t wuhin
<br />which Burrower may Imo) ihr suers declared due. If Borrowrr fads w pay such sums prior to the ezpirmian of each perrtd,
<br />Ler~+iar essay, witr`,aut ft;rtitrr raiscc or dcnrand on iicraN-wer.:n+.ikc snj rcrnedics per~nttted nr paragraph iii hereof.
<br />Hots-Ltrtuatrwt t't:vr~drtiNrs. torrower and fender turthcr covenant and agree as iollaws:
<br />IS. AcctkrWioa: Remedks. F.urpl as provided in paragraph 17 hereof, upon Borrower's brewA of tiny corrttaal ar
<br />agreraant of Borrower in this txrd ai 'Lrus4 including the corrnares to pay whin due any sutra secured by this Urrd
<br />of TrtW, l.rndtr prior !a teccekration sh41 trtrit rwtkr to Borrower rs prortded la pwgrnpb (A hector sperBytog: i 11 lhr
<br />breach; (21 the action required to cure such breach; 13) a date, nW less Than 30 days iron the dale the rrotke b retailed fo
<br />Borrowrr, by wbkh such 6rewh mtM be cured; and t41 that Frilure to <•ure such breach oa or before the dale aptcibed
<br />in 16t twtke may remit in accrkration of the wins secured Dy Ibis herd of Trent nod sale of the Property. The teWke
<br />ahtr6 turthtr inform Borrower of the right to reirtatale after accekralion and the right to being r court cotton to assert
<br />/lee rwn•esigence of a rktatlt or any other defense W Borrowrr to accrlerrtion and sak. li the breach is nW cared
<br />oa or before the dale ttpet'iftrd in the rwtice, l.eredrr at l.ewder's npuon may declare aU of the soma secured by this Uerd
<br />W Trtest to he iramtutiatrly clue and payable without further drmarut sell may invoice the power of sde and any WAer remedita
<br />perluiltd by appikabk law. Lender shalt be eetUtkd ro collect all ressonabk costs and expenses Incurred in punning the
<br />remedks provided in fhb pangrapJt itl, includiwg, bW as IlmNed to, reasonable altaracy'r fees.
<br />It the power at ode is invohttd, Trreslee shell record a notce of detadt in each county in whkh the Property or same
<br />part thereat b {pealed fwd shah radl copks of such rtalicr is the manner prssceibed by appUcabk law to 8orrowtr rend to the
<br />With persons prescribed by appBctthle tow. After the Caper at such time as may be required by appitrrbk law, T'rngre shall
<br />glee pttYBc cruller of oak to the persaas sad in the rnaarer pnvrribed 6y ceppiktebk law. 'T'reedee, without deatiwd an
<br />Borrowrr, shdi ae6 the property tl perMic artefar to ihr hishest bidder al the tlrne ant puce sell under the terms dtalRttMed
<br />M the nolke of sale M one or inner parcels ant to such order to '1'rtulre nay determine. 'i'raWre may postpone oak of ail
<br />or any prrce# of ibe Property by pablk annauttcemrttt ai ihr time atld p1uY ui toy preriortsly schrdokd sale, tender or
<br />a~r'a ~__ ~y ps•€ th€ !stty xt >•~y ' .
<br />Upaa rareipt at paytnteet of the prxr Did, 7'rurn±r shalt detirrr fo the punDrrrr t`rttstre i deed conreyfet, !bt ProptNy
<br />aaJd. 'i'ht rorNsis to the Trieattr's deed .iWdi fir priors lack r•ide;rre of the Itwh of the stalrments mode ihtrein, i'rusiee
<br />riea6 apply tier proceeds of the t:aie in the toBowing order: ir) In rl! retaunabk coals call txpertsrs at the oak, inciudinpl, but
<br />sat ihnittd to,'(rustee's fees of aW mwt /ban 3?- cni ! `'F of ihr grow sole price, reasortabk aHnrnry's fees snit trots W
<br />rule evidracr, (~ fo a6 sum ixcared by thY ~ of Trust: seed 4c9 the exre~, ii any. io ihr person or presorts legally enNlkd
<br />th0lsdo.
<br />t4. Borrower*a iti(~tt to RriosRate, Noiwuhstandmg i. rndtr'c aecrleratmn nl Iht zums secured Dy the f)erd of lYust,
<br />Borrowrr shat! have rho right to Dave any prc~cedings i!egun by tender to enforce this lked aC Tnat thuantinutd at
<br />any time: prioe to ihr oari+cr is cKCUr of tiI the frith tray before the sale of the F'ropctty pursuant to the pawn of salt contained
<br />in chat i)ted of Trust ar L4 entry of a j+xigment enforcing Chu f7rtJ <*f Tntst it- (a) Borrower pays !ender ail sums whrch would
<br />be then duo urtdsr erns Ikr:d n( 'fn+et, rht Note and nutrv securing Future Advances, i( any, hod no aereleration +acurrril:
<br />(Di Borrowrr come a1S Hrrartsra of any ocher covenants ur agreemente of Bar rawer cuntamed m the. ilrcd ut Tni+t:
<br />fr) Brxrower Iwys a31 rcavrnahk expenses nwmrrd by lcnilrt and T'rustec in enfnrr:nK the covenants and agreements of
<br />Borrower cunrasned in thsa i?eeil +:t t~rust_,nd to rnlorr:ing, t ender's and ~Cnr,tec's rrmedics a+ pn,vidcd in Jtaragraph i K
<br />Hereof, including, hui nut I+mned t±c, reaumahle atlarncv's Tres. and iri? Banawcr tskce wch acrton as Irndsi may tras.+nahic
<br />rcttrnre to axeutr that the lieu tit riot !]red of Crust 1 yudr(= utre[csr :n the Pr+++~rrty .teat N.vrc,w a='+ nhligannn tr . ap
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