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<br /> � , 92- 1U1855 �- � �
<br /> • f. CondNnnaMon.The proceeds ot an awsrd or clakn for dem��a,dlrsct or conwqu�npN,In connactlon wlth�ny
<br /> condemn�tlon oroth�r hkinp ot th�Prop��r.ot paMth�r�of�ur lor conv�yance In li�u of cortd�mmaon,�n h�nDy�usipn�d
<br /> �nd sh�li be p�id lo l.N►d�r.
<br /> In the ev�nt ot�tot�l hkinp ot lh�Proporry,the procesds sholl b�applled��wm^!s���f!�dw,�ind�4sndKT��s� '��--
<br /> the excew.II any,p�id to Borrower.In lhe event of a panfal takfnp of ths Pro ,� --.-_- —
<br /> ' ' apree In w�itlnp,thereshall b�appIled ta the aum�secu�ed by thia Deed ol Tru�t such propoAion of theprxNd�a�i�sqw�to .o_�
<br /> th�tproportio�whlohth��mou�tofth�sumss�curedbythisDeadotTruatimmediddypriorrothsd�t�ofqkinpbearsbth� r '�,�"""___
<br /> loir merkst wlus of the prop�ty Imrtwdl�tely prlor to ths dat�ot feklnp,with Ih�bNsnc�of tM praMds psld to Borrowr►. � ''�-���
<br /> II the PropeAy Is abandoned by Barrower,or if,aRer notice by Lender to Borrower that tho condemnor oHsrs to mak�an =-
<br /> Lande�s authorf:sd to ca I�c!and a ply he pr�x�e�ds�te nde�'s opNon,�IMN�o Ntorodonha�rsipas o th�Pr�iap�rty a to � .. `.. _ --_
<br /> ths sums a�cwed by this Deed ol Trud. �
<br />" ' Unlessl.endar�ndBoROwsrotharwiraegresinwrftinp,enysuchapplicetionofprxeedstoprincfpalahellnot�xtendor
<br /> � poatpone ths du�d�ts of th�munthly insmllmonb ret�rred to in para�raphs 1 and 2 hareof or ch�nQe tho amount o1 wah f ..�„:,��.-
<br /> � fnstallmenta. , Y'�1';�~..,
<br /> 10. sonow�tNo111Nwwd.HxtenWonofthedmeforpaymentormodificationolamortizatlonofthesum�tecuredbythls . �»'•-• _
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<br /> t Deed ot Truat pranted by Lender to any auoceuor In intereat of Borrower ehall not operate to�elseea,in enY m�nn�r,the � �A ;� �� -
<br /> ' NeblHryofthsoripindBonowerand8orrower'esuceeasorafnterestLenderahellnotberequiredtocommencepraceedinps .:,:'. _
<br /> eQefnst�uch succe�sor a�eluae to extend dme for payment or otherrdee modfly amoAlzadon of the aums secur�d by this , ;•;. � ,
<br /> ��': ' peed af Truat by reawn of any demand made by the oriyinel Borrower end BoROwer's aucceasors In intereN. •?�'��•,.
<br /> ': ! 11. Forb�a►anc�by L�nd�r Not a Walv�r.Any torbearanqe by Lender in exercisin�any right or�emedy hsreundn,or '
<br /> � `� • ' othervriae aHorded by�pplfcabla law,ahall not be e weiver of or preclude the exerciae of any auch�iqht or remedy.The � ;
<br /> procurement of inauranceolthe payment of taxea or otherliena or cher9es by Lender ahell not bea waiver ol Lender'�►ipht to
<br /> ' accela►ete the metudry o1 the indebtednese secured by this Deed ot Tros�
<br /> . 14. p�nNdlM CwnulaHr�All�emedfes p►ovldad in M�is Oeed cf Trust are dlatinct and cumuletive to any othe��ipht or v �_
<br /> r° remedy undar thfs Deed ol Truct or aiforded by law or equity. end may be exarcised concuRently, indepandendy or •
<br /> successively_
<br /> 13. Succ�son�nd As�m Baund;Joint�nd S�w►al Li�ib�it�r;Captloni. The covenants end agreements harein •
<br /> contalned ahall bind,end the riphts hereunder ahall Inure to,the respective auccessors and assipne of Lender and Borrower, � • .
<br /> � aubject to the provieiona of pa�ayraph 17 hereol.All covenaMs and agreements of 8orrower shall be jofnt and several.7he
<br /> •; captlo�s end heedinpa of the para�rephs of thls Oeed o�Truat are for convenlence only and a►e notro be used ro interpret or s � �• -
<br /> deHne the provislona hereof. --
<br /> � ' � 1�. Node�.Except fo�any nodce required under applicable lew to be�iven in another ma�ner,(a)any notfce to 8orrower �..
<br /> provided for in this Deed of Trust ehall be given by malHng such notice by ceAlfied mail addreased to Bor�owerat the Property ' R
<br /> Addre�s or at euch othsr addresa as Bo►rower may desl�nate by notice to Lec�der as provided hereln,and(b)any notice to _
<br /> lender ahell begiven by ce�titled mail,retum receipt requeated,to Lender's address atated hereln orto suoh other edd�eas as :
<br /> Lender meydesipnete by notice to Bonow�r a�provided herein.Any notice provided for in this Deed o1 Trust ehall be deamed r,
<br /> to hare been yiven to Borrower or Lender when�iven in the menner dealgnated herein. _ = _
<br /> 10. UnNonn D«d of Trutl;aov�min0 Uw;Sw�ab�if�t.The form of deed of truat combines uniform covenanta for ;r, p•
<br /> �� RQ��q�$����nd�an-unlfarm covenenta with limited varletlona by Juriadiction to constitute a uniform securty instrument __
<br /> coverf�p real p�opeAy.Thia Deed of Trust�hall be yoverned by the law ot the�unsdicuon in which the Propwiy ia locat�d.in
<br /> the event that any provlslon or clause ot thls Deed ot Trust or the Note contlicts with appliceble law,such conllfct ahell not
<br /> '� .. aftectotherprovlsionsofthispeedofTrustortheNotewhlchCanbegivenetlectwNhoutlheaonllicHnpprovlslons,andtothia
<br /> end the provialona o}the Qeed ot Trust and tha Note ere declared to be seve�able.
<br /> .r' ' ' ta. Barow�r'�Copy.8orrowe�shall be furnished a conformed copy ot the Note and of thfa Deed of Trust at the tlme ot
<br /> t executlon or eftar rocordatlon hereoL
<br /> � 17. TandK ot Ih�Prop�rty:Aswmpqo�.If all or any pah of the property or an mtereat therein Is sold or trensle�red by
<br /> 8o�rowe�wlthout Lender's prfor writlen consent,excluding(a)the creation ota lien or encumbrancesubo�dfnate to this Deed
<br /> ; of TrusR(b)the creallon of a purchasemoney aecurlry interest for household appllances,(c)a trens}er by deviae deacentor by
<br /> operation ol law upon thedeath ota jolnt tenantor(d�the yrent of enyleasehold interestof three yearaor less not contefnlnp an
<br /> option b purchese,Lender may,et Lender's option,declere all the aums secured by this Deed ot Trust to be immedlately due :
<br /> and payabte.Lende►ahall have waived auch option to accelerate If,prlor to the sale or tranafer,Lender end the person to
<br /> whom Ihe Property Is to be sold or trensterred reach agreement in wrN�ng that the credit of such pe�son fs seriafectory to
<br /> Lender and thatthelnterest payeble on the sums secured by thfs Deed of Trust shall be at such rate es Lender shall request.If
<br /> Lender has walved the optlon to accele►ate provided In this paragraph 17, and N Borrower's successor fn �ntereat has
<br /> � executed e wrftten easumpllon egreement accepted in writing by Lender,Lender shall�elease Borrowe►Irom all obliyaUons .
<br /> under thfa Oeed oi Truat and the Note.
<br /> If Lender exerclsea auch optlon to accelerete,Lender ahall mail 8o�rower noUCe ot acceleratlon in accordance with
<br /> parapraph 14 hereol.Such notice ahall provide a perlod ot not less than 30 days from the date the notice is mailed withfn which
<br /> • Borrower may pay the eums declared due.lf Borrower fails to pey such sums prlor to ihe explratfon of such perfod,Lender
<br /> • may,wlthout fuAher notlte or demend on Borrower,invoke any remedles permfKed by peragraph 18 hereot.
<br /> NON-UNIFORM COVENANTS.sorrow��and L�ndu IuAhK cov�n�nt�nd a�a�folbwr.
<br /> 1d. AcaN�ratlon;R�m�dl„.Except as provided in paragraph 17 hereof,upon Borrower's breach of eny covenent or
<br /> agreementol8orrower fn thls Deed of Trus1.including the covenanta to pey when due any sums secured by this Deed otTrusf,
<br /> Le�der prfor to acceleratlon ahall mall notice to Borroweras provlded in paragraph t a hereof specityInp:(1)the breach;(2)the
<br /> � action requlrad to cure such breach;(3)a date,not less than 30 days from the date the notice is malied to Borrower,by which
<br /> • t r. suCh breach must be cured:and(4)that tailure to cure such breach on or belorThe notce shall tu�rth�er lnformcBorro erof ihe
<br /> acceleretlon of tAesuma secured by Ihis Deed of Trust and sale of the PropeAy.
<br /> . I right to refnstate aker ecceleratlon and the riyht to bring a coun action to assert the non-existence o1 a default or any other
<br /> defense of Borrower fo ecceleralion end sale.If the breach is not aured on or betore the date speclfied in the notice.Lender et
<br /> x Lender's optlon may declere all of the suma secured by this Deed ol Trust to be immediately due and payable without turther
<br /> demend and may Invoke the power ol aale and any other remedfes permitted by applicable law.Lender shall be entltled to
<br /> collectell reasonable coats and expenses incurred�n pursuiny the remediea prov�ded m the paregraph 18,fncludiny,but nof
<br /> Ifmited to,reasonable attorney's leea.
<br /> �•� II the power of eale is invoked.Trustee shell record a not�ce of default m each county in which the Property or some part
<br /> y thereot is located and ahall mail Copiea of such notice�n the manner preacribed by applicable law to 8orrowerand to the other
<br /> �, peroons prescrfbed by appllcable law.After Ihe lapse of such time as may be required by epplicable law,Trustee shall gwe
<br /> publlc notice ot aale to the persons and in the menner prescrlDed by applicable law.Trustee,without demand on Borrower,
<br /> shall sell the Properly at public auctlon to the higheat bidder at the time end place and under theterma designeted in Ihe notfce
<br /> ' of sale fn one or more parcels and in such order as Trustee may determ�ne.Trustee may poslpone aale o1 all or any parcel ot
<br /> ,�; the Property by publit announcement at the tlme and place ol any prev�ously scheduled sale.Lender or lender's dea�ynee
<br /> , may purchaae the Prope�ty at any sale.
<br /> � Upon receipt ofpayment of the pnce bid.Trustee shall deliver to the purchaser Trustee's deed conveyingthe Properry sold.
<br /> The recitals�n the Truatee's deed shall be pnma lacie ewdence ol the truth ot the stetements made iherein.7rustee shall appty
<br /> u.........., w�e....e�.s..Anr�wnacanffhomlw inr_.I�u1�no hufnotlimltedto.
<br /> � meproaeedaoiinaaeivii�iiroiviiv:����y�..o�:�op.:.a�....o......�..................---•�-••----.. . .
<br /> Truatee's fees of not more than_ 46 0l the gross sale pnce,reasonable attorney's lees and costs o1 tdle ev�dence.
<br /> (b)to all sums aecured by thls Deed of Trusx and Ic)the excess,d any,to lhe person or persons legally enUtled thereto.
<br /> � 19. Borrow�r'�Rlpht to Rdn�Ut�. Notwithatand�ng Lender's acceleration of the sums secured by th�s Deed af Trust.
<br /> Bo�rower ehall have Ihe right to have uny proceedfngs begun by Lender to enforce fhe Deed ot Trust disconunued at any t�me
<br /> I priar to the earllerto occu�ol(i)Ihe liflh dey before Ihe sale of the Properly pursuant to the power of aale contamed in the Deed
<br /> ol Trust(iq entry ol e�ud�ment enforc�ng this Oeed ot Trust�f.(al�rrower pays Lender all sums wh�ch would be then due
<br /> under th�s Deed d Truaf,the Note and notes secunng Future Advances.d any,had no acceleretion occured:lb)Borrower
<br /> I cures ell breaches of any other covenants or aflroements of Borrower contained in th�s Oeed of Trust.lc)Borrower pays ali
<br /> � I reasonable expenaes ineurred by Lender and Trustee enlorcmg the covenants and agreementsot Borrower contamed i�this
<br /> Deed of Trust andln enforcing Lender's and Trustee's remed�es as provided in paragraph 18 hereof,mcludmg.but notlim�ted
<br /> � fo,reeaonable attorney's fees:end(d)Borrower takes such act�on as Lender may reasonably reqwre to asaure that the i�en ol
<br /> � ' this Deed of TrusR L6nder's fntErest In the Prooerty And Borrower's obligation fo pay fhe sums secured by thia Oeed ol T rust
<br /> I ahallcontlnueunNnpairedUponsuchpaymentendcurebyBorrawer.IhisOeedotTrustandtheobli�ationssecuredhereby
<br /> shell remain in full foree and eflect aa if no acCeleratio�had occurred
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