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<br /> O, Cond�Uon.The proceeds ol any awa�d or cla�m�or damepea,dlrect or conaeqdem�nallon arah re eb�ossipned � ,�
<br /> • condsmnatlon oroth�r takln�ol th�PropeAy,or paA thoraol,or lor conveyence In Ileu ot co . Y � 1 ,_
<br /> � �nd sh�ll b�pald to Lender. � -�
<br /> � In ths svent ol a tofel tskinp of th�Property,the proceeds ehall be epplfed to Ihe sume secur�d by thfs Daed of Trust,with
<br /> the excKS,ll any,pald to 8a�ower.In the event o1 a pedlal teking ot the P�opeAy,unless 8or�ower and Lender otherwise *E
<br /> � epne fn w�lllnp,fhsrsehall bs applied lo the sume secured by this Oeed ol Truat auch proportion ot the proceeds es iaequal to � �
<br /> � � IhetpropoMlon whfahth�amoun i�f�iat.Is���he dste�of tdakin pruwllh h�balAncerofrthe prxe�ida peid fo Bonower
<br /> a lalr merket wlue of Ihs properhr Y P —
<br /> , II tho Property la ebendoned by Borrower,or ff,aher notice by Lender to Borrower thet!he condemnor oMero to meke an
<br /> � � award ar s�ttle�clslm for demapss,8orrowe►lails to reepond to Lendar wlthin 30 days after the date 4uch notice Is malled,
<br /> Lend�r Ir autho�ited to colleet end apply 1he Proceads,at Landor's optlon,eithar to rastoration or repair ol the Proparty or to
<br /> , th��ume a�cu�ed by thls Dsed of Truet •
<br /> Unle�s Und�r snd Bor►ower otherwfae a�ree i�writinp,any euch epplfcetion of proceeds to principel shall notextend or
<br /> pottpons 1M dw d�t�ol the monthly installmonts referred to In parayraphs 1 end 2 hareot or chonye tho emount of auch
<br /> . Initsllment�.
<br /> �p, sonow�r No111�Nd.Extenaton of the time for payment or modilicetion of amoRfzatlon ol the sums aec�ned by this
<br /> Deed of Truat qrsnted by Lender to any aucceaor fn fnte�eat of Borrower shell not operete Io release,in eny menner,the
<br /> Ilablllty of ths oripfnsl Borrower and 8or►ower's succeasora interea�Lender ahall not be requlred to commence proceedinga �
<br /> � ep�fMt such succeseor or reivae to extend Hme for payment or otherwiae modiy amoAfzelbn ol the eums aecured by this t
<br /> pNd ot Tru�t by�ea�on of eny demond mede by the oripinal Borrower and Borrower's successors in interest. :
<br /> 11. Forb��nnu by L�nd�r Nat�W�I�K.Any lorbearance by Lender in exercislnp any ripht or remedy he�eunder,or
<br /> ,. olherwl�e aflorded by�pplicebls law.ahall not be e waiver ol o�preciude the exerciae ot any auch right or remedy.The
<br /> � procurement of Insurance of the peyment of taxes a other liens or charpes by Lender shell not be a waiver ol Lender's ripht to
<br /> � eccalerete the maturity ot the indebtedneas secured by Ihis Deed ot Trusl.
<br /> �7, pMn�dlK Cumul�Qv�All remedles provided in thia Deed o1 T.ust are diatinct and cumuletive to any other right or
<br /> � remedy under Ihis Deed ol Trust or eflorded by law or equNy, and may he exercised concunently,independe�liy or
<br /> succe�eively.
<br /> 13, g���oh��d Aulpns Bound;Jolnt and S�v�n)Wblllt�r; C�ptlons. The covenants and agreemente herein
<br /> contalned ehall bind,and the rTyhts hereunder ahall Inure to,the respective auccessors and assigna of Le�der and Bo�rower. � .
<br /> sub�ect to the provfalons of perapraph 17 hereof.All covenants end agreements ol Bo�rower shall be�oint and several.The
<br /> i captiona and headlnps of ihe pereprephs of this Deed ol Trust are for convenience only end are not to be used to interpret or
<br /> doline the provlelona hereol.
<br /> 1�. Nolk�.Exceptlor eny notice required under eppllcable law to be given in another manner,(a)eny notice to Borrower
<br /> � provfded lor in thie Deed of Trust ahell be given by meidn such notice by certified mall eddreased W�orrower at ihe Prope►ty
<br /> Addre�s or ot rueh other address aa Borrower mey deaPgnate by notice to Lender as provided harein,end(b)any notice to
<br /> londer�hall be plven by certifled meil,return recefpt requested,to Lender's addreas stated herein or to such other nddress as ;
<br /> � lender may deslpMte by notice to Borrowsr as pravided hereM.A�y notice provlded lor in thl�Oeed ol Truat shall be deemed ;
<br /> to h�v�Deen qivsn to Borrower or Lender when qive�In the menner deabneted herein.
<br /> � �g, Ilnllom►DNd o1 Trud;Gov�minp l.�w:S�v�nblpt�.The torm ot deed of trust combines uniform covenanta tor �
<br /> �� nallonn!uee��d non-uniform covenents with Nmited verfetfona by�urfsdiction to conatNute a uniform aecurfNain�at,r�utemdeln . _
<br /> coverinp real property.Thfs Deed ot Trust shall be qovarnenf Gy the law a!Me Juri:.dlclfon In whlch tt�e P�n�Ny�
<br /> � Ihe event thet ony provislon or clauae of this Oeed of Truat or the Note contlicts with applicable law.such conflfcf ahell not
<br /> aflect other provlafons ot thls Deed of 7ruat or the Note whlch cen be given ettect without the conlHctiny provisiona,end to this
<br /> end Ihe provlaions ot the Deed o1 Trust and the Note are declered to be severable.
<br /> i 16. Bonow�r's Copy.9orrower shell be Iurniahed a conformed copy ol the Note and ol thls Deed of Truat at Ihe time of
<br /> ; ex�CUtlon or eNer►ecordetlon hereof.
<br /> 17. Tnnsbr of Ih�P�op�rly:Auunlpdon.If all or any part of the property or an fnteregf therefn ia sold or transferred by
<br /> 1 Borrower without Lender's prior wrltten consent,excluding(a)the creatfon of a Ifen or encumbrance subordinete to thia Deed
<br /> ol Trusb(b►Ihe creatlon o1 e purcheae money eecurly fnterest lor household appliances,(c)a transfer by devise descent or by
<br /> ; operetfonoflawuponthedeathofajointtenantor(d�thegrantofenyleaseholdinterestofthreeyea►aorlesanotconteinfngen
<br /> option to purchese,Lender may.at Lender's option.declare all the sums aecured by this Deed of Trust to be immedfetely due
<br /> end peyeb�e•Lender ahall heve wawed such option to eccelerate if,prlor to the aele or transler,Lender and the pe�son to
<br /> whom Ihe PrOperty Is to be sold or trensfer�ed reach agreement In writlng that the credit of suCh person is satf8laCtory to
<br /> Lender and that the interest peyable on the aums aecured by this Qeed of Trust ahall be al such rate as Lender ahall request If
<br /> lender haa walved the optlon to accelerate provided fn th�s paragraph 17,and it Borrower's successor in inte�est has
<br /> executed a wrlden aesumptfon ag�eement accepted in writing by Lender,Lender shall release Borrower Irom all obliqetlons
<br /> under thia Qeed of Truat end the Note.
<br /> If Lender eKe�ciaea auch option to accelerate,Lender shall mail Borrower notice ol acceleretlon in accordance wlth
<br /> porapreph 14 hereof.Such notice shall provide a period of not less than 30 days Irom the detethe notice fs mailed wlthin whioh
<br /> may w�h ut iurther notfce or�demo d on�BoreoweWen oke anyaemedies permitted by pereg�aph 1B hereol.pe�lod,Lender
<br /> NON•UNIFORM COVENANTS.Borrow�r�nd L�eda tuAh�r eov�nant and aqrN a ldbwc
<br /> 1�. Aee�Nr�tbn;R�m�dl��•Except as prov�ded i�p+�ragraph 17 hereol,upon Borrower's breach of any covenant or
<br /> apreemenl of 8orrower�n thia Deed ol Trust,inclutlmg the covenants to pay when due any sums secured by thls Deed o1 TrusL
<br /> � Lender pnor toecceteration shAll meil notice to Borrower as provided m parag�aph 14 hereol specl1ying:(t)the breach;(2)the
<br /> actlon requ�red lo cure such breach:(3)e date.not less than 30 days Irom the date the notice is maiied to 8orrower,by which
<br /> ; tuch breach muat be cured:ond(4)that failure to cure such breach on or betore the date specifled fn the notice mey reauN in
<br /> ` ncceleretlon ol lhe suma secured by this Deed of Trust and sele o11he Propeny.The notice shall fuAher iMorm Borrower o11he
<br /> npht to r�lnstate aNer eccelerat�on ond the rlyht to bnng a court action to assert the non-ex�stence ot a default or eny other
<br /> defenes ol Borrower In acceleraf�on and sele.II the breach�s not cured on or before the dafe specdied in the notice,Lender at
<br /> i Lender's optlon mey declere oll of the sums secured by this Deed ol Tn�st to be immedfetel due end payable without lurther
<br /> � domand and may invoke the power ot sele end any other remedfes permitled by eppllcab
<br /> e law.lender ahall be entltled to
<br /> colleCt w�l reasonable tosts and expenses�ncu�red in purswng the remedies provided in theparapraph 1B,mcluding,but not
<br /> .ii I�m�tecf to,rea8onab�e attorney's lees
<br /> U Ihe powm ol eale is invokod.Trustee sheu r�cord o noUce ot default�n each counry�n wh�ch the Property or some part
<br /> ' Ihnrenl�s luculed end st►ali mo�l cop�es ot such not�ce m the manner prescnbed by appl�cable Iaw to Borrower and to the other
<br /> •! poraon�prescnbed by appl�ceble law After the lapse of such t�me as may be requued by applicable law,Trustee ahall glve
<br /> , public noticn ol t�le lo Ihs persons and in the menner prescnbed by appllcable lew.Truatee.without demand on Borrower,
<br /> ;�� �holl eell Ihe PropeAy at public nuct►on to the highest biddor at the time and place and under the terms designated in the notice
<br /> ; ul sole in one or more parcels and m such order as Trustee may determine Trustee may postpone sale of all or any parcel ol
<br /> Ihe Property by puDl�c nnnouncement al the I�me and place of any previoua�y scheduled 9ale.Lender or Lender'a designee
<br /> { ' mpy purchese Ihe Property ot any soie
<br /> Upon�ece�pt ol payment ol�h�pr�ce b�d.Trustee shnll dQlrver to the purchaser Trustee's deed conveymg the PropeAy sold.
<br /> � ?he�ec�IDls�nthe Ttuetae'e Geed ahnll�be�om A��i��A,e e�asonable costs and expenses of t e sel�e,includingrbut not lim tepdpo
<br /> i ' IIIBp10GIfR�lsuiii�ooeiv�n�:�o............�'.-- • .
<br /> ?�uslon'e lees of nul more Ihen 4b ol the gross sele pnce,re9soneble ettornPy'8 fees en0 Costs oi tuie evidencr.
<br /> ' Ibl lu n11 sume Kucwed by th�s Deed ol Trust.ond(c)the excess,i1 any,to the person or persons legelly ent�tled thereto.
<br /> ? 1f. �or�ow�'�Rlphl to Rdn�l�t�.Notw�lhstnnding Le�dor's acceieration of the sums secured by this Deed ol Trust.
<br /> " Hc+r�ower nhNll hqvethe r�ght to hnva n�y Pruceed�ngsbegun by Lender to entorce the Deed of Trust discontmued at any t�me
<br /> pn��r to Ihe ea���er to oCCUr o1141he hflh dey be�ore Ihe aele ol the Prope►ty pursuanf to the power of tu�le conteined In the Deed
<br /> � ��1 f iurl u�!e�Hry ol p�udpment enlo�c�np th�s Deed ul Trust il lol Borrower peys Lender all sums wh�ch would be then due
<br /> u��de�Ih�a Ueed ul Trusl.tho Noto nnd notAS socur�ng Future Advances.�1 any,had no ecCeleration occured:Ib)Borrower
<br /> � �.u�ur MI1 braeche�ul eny olhe�covenonts o�ogreemenls ol8orrower contained in this Deed ot Trust.(c)Borrower pays ell
<br /> �Nesonnb�o e�pen�es�ncurrsd by Lendsr and Truateeenlorcing the covenantsand agroementsot Borrower conteined in this
<br /> � 1 hwd��1 T��slm+d�n enforcinp lender's And Truslee's remed�es as prowded�n parAgraph 1B hereof,including,bul notl�mited
<br /> tc.�esn�mable xtlorney'�s lees,end(dl8orrower tekesauch action as Lender may reasonably require to assure thet the I�en of
<br /> ��u�p�►eA ul Trust.Londerb interetl m the PropeAy ond B�rrower's obl�geUOn to pey Ihe sums seCUred by this Deed ol Trust
<br /> , �IIa11 u�mpu�n�lu�l lort��p�d AHect of 1 nom cc1e�e nUOn�lliid ocCU ed h�s Doed ol T�ust and the obhgaUons secured hereby
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