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<br /> ,� . - 92-- i n 2572 � �.
<br /> ± 9.Cond�mn�Uon.The proceeda ol any awerd ar cleim lor demagea,dlrect or consequential,fn connectian wNh eny �
<br /> � condemnetion orother tekinq of the Property.or peA thoraol,orlo►convayance in Hou ot condomnatioo,ere he�eby assipned �
<br /> and ahall be pald to Lender.
<br /> i In the event o1 a totel takinp of the PropeAy.the proceeds ehall be applied to the sume secured by this Oeed of True�wfth � :
<br /> ,-� the excesa,if any,p�id to Borrower.In the event of a paAial talcing ol the Property,unleas Horrower and Lender othe►wfae
<br /> :; egreeinwrltiny,thereehaUbeappIfedtotheeumeaecuredbylhisOeedolTrustauchproportionoltheprocaedaaeisequallq �
<br /> thetp�opc+hfonwhichtheamou�t���atel��ricor tothe dste�kln pf uwith ths 6alencerof the proctesda peid to 9orrrower '
<br /> � �� lair merkat value of ths property y P `
<br /> : , II the Properly is abendoned by 9errower,or if,elter noticeby Lender to Borrower Ihet the condernnor ollers to make an
<br /> i� � award or settle e clalm for dameqes,Borrower lalls to reepond to lender wNhln 30 days alter the date such notice is mNllad,
<br /> � , lender Ia authodzed to collect and apply ths proceods,at Lendor's optfon,elther to ra�toretlon a repafr o1 the PropeRy or to
<br /> , the euma secured by this Deed of TrusG
<br /> - � Unleas Lender aed 8orrower otherwlseapree in writing,anyauch applfcatlon of prxeeds to prfncipal ehall not extend or
<br /> poatpone the due d�ts of the moothly installments raferrecl to In peragraphs 1 and 2 hereol or chan9e the amount ot auah
<br /> : ' instellmsnta.
<br /> 10. Bonow�rNolRNMS�d.Extenaionolthelimefor peymentormodllicetlonolamoAlzetionoftheaumssecuredbylhia
<br /> � Deed of Truat yranted by Lender to any succesaor In interestof 8or►ower shall not ope�ate to releaae.in eny ma�ner,the
<br /> �• � Ilabllily of tha oripinal Borrower and 8orrower's auccesaon interes4 Lender shall not be requlred to commence proceedings
<br /> � agalnst auch aucceaeor or refuse to exte�d tirne tor payment a otherwise modily amoAfzarion of the auma secured by thfa
<br /> Deed ot Trust by reason ot eny dema�d mede by the original Bor�ower and Borrower's succesaors in I�terest.
<br /> � 11. Fab�aninc�by L�nd�r Not s Walv�r.Any torbearance by Lender In exercfaing any right or remedy hereu�der,or
<br /> +* otherwise aHorded by applicable law,aheil not be a waive�ot or preclude the exerciae of any such right or remedy.The
<br /> procu�ement ot Inaurence of the peyment of taxes or other Ilenao�cherges by Lender shell not be e walver ol Lender'a right to
<br /> s accelerete the metudty of the fndebtadnesa aecured by thls Deed ot Trust.
<br /> 12. Rem�dla Cwnulapv�All remediea p�ovided in this Deed of Trust are diatlnct and cumuletive 10 any other rlght or
<br /> remedy under thls Daed of Trust or aftordad by law or equlty,and mey be exerclsed concurrently,independently or
<br /> auccessively.
<br /> �. 13. Suec�o►s�nd A�Ipm Bound;Jofnt and S�wral U�blNty;CapHau. The covenents end agreementa herein •
<br /> conlained shall bind,and the rTghts hereunder ahall Inure to,the respective auccesaora end eselpns o1 Lender and Borrower.
<br /> � sub�ect to the provfalons of peragraph 17 hereof.All covenanta and agreements of 6orrower ahall be joml and several.The ,
<br /> ca ona and headinga of the parayraphs o1 this Deed ol Trustare fw convenlence only and ere not to be uoed to Interpret or
<br /> i de Ine the provlelOns hereot.
<br /> � 14. NoUc�.facceptforanynoticerequlred underapplicablelawtobegiveninanothermenner.(a)enynoHcetoBorrawer
<br /> d prorlded tor In thls Oeed of Trust ahall be glve�by mallf ng such notice by certiNed mall eddressed to�orrower atthe P�operty
<br /> � , Address or at auch ather address as Borrower may dealgnate by notice to Lender as provided herefn,end(b)any notice to
<br /> + lender ahall bepiven by certlfled meil,return recelpt requeated,to Lender's address steted herefn or to euch other address as
<br /> � Lende�mey deslpnete by notice to Borroweras provlded he�eln.Any notice provided for in this Oeed ot Tru4t shall be deemed
<br /> to heve been glven to Borrower or Lender when yiven In the manner deaigneted herein.
<br /> 15. UnNom�DNd of T�usl;(ior�mlep Lsw;S�r�nblltry.The form of deed of trust combines unitam covenante for
<br /> ;� natM�AI use and non-unlform covenents wlth Ilmited ve�lationa by jurladlction to constitute a uniform securl1y inatrument
<br /> ; coverfng real propeny.Thfs Deed oi Trust ahall be qoverned Cy the iew of the jurisdicliu��in wh{th ihe P:apeRy!s lacatad.!n
<br /> the event that eny provielon or clause of thls Deed of Truet or the Note contlicts with epplicable law,such conllict ahall not
<br /> j aflect other provlsions of this Deed of Trustor the Note whfch can be given ettect wfthout the conlllctlny proviaions,and to this
<br /> � end the provisfons of the Deed of Truat and the Note are declared to be seve�able.
<br /> 18. Bortow�r's Copy.Borrower shell be furnished a conlormed copy of the Note and of this Deed o1 Truat at the time of
<br /> t�•, exeCUtlon o�efler recordation hereof.
<br /> � 17. T��nsNr of th�Prop�Ky;Auumppon.II all or any parl of the property or an interest therein is sold or tranaterred by
<br /> Borrower wlthout Lender's p►lor wrlften conaent,excluding(a)the creation of a lien or encumbrance subordlnate to thia Oeed
<br /> 1 � o/Trust(b)thecreatbn of a purchase money securlry I�tereatlor household eppllances.(c)a trenafer by devlae descent or by
<br /> operation o(law upon thedeath of a jolnt tenantor(d)thegrantof anyleasehold interestof three yea►s or less not conleining an
<br /> � optlon to purchese,Lender mey,at Lender's optlon,declare all the sums secured by this Deed of Trust to be immediately due
<br /> and payable.Lende�ahall have walved such opuon to accelerate if,prior to the aele or trenafer,Lender end t�e pe�son to
<br /> whom the Property Is to be sold or tranalerred reach agreement In wrltfng that the credlt o1 such person is eatfalactory to
<br /> � Lender and thetthelnterest payable on thesu ms aecured by thls Oeed of Trust ahall be at such rete as Le�der ahell request.II
<br /> � lender has welved the optbn to accelerate provided in ihis paregraph 17,and if Borrower's successor in intereat hea
<br /> executed a wrlrten assumpllon agreement accepted in writ�ng by Lender,Lender shall release Borrower Irom all obliqetions
<br /> under this Deed ol Trust and the Note.
<br /> t If Lender exe►clses auch option to accelerata.Lender ahell mail Bo�rower notice ol acceleration in eccordance with
<br /> paragreph 14 hereot.Such notice shall provide a perlod of notless lhan 30 days from the date the notice le mafled within which
<br /> t` Borrower may pay the sums declared due.If Borrower fafls to pay auch sums pnor to the explratfon ol such perlod,lender
<br /> � rnay,wlthout further notice or demand on Borrower,invoke eny remedies permitted by paragraph/B hereol.
<br /> � NON-UNIFORM COVENANTS.Bonow�r and L�nd�r lurlh�r eov�n�nt and apr�as lollows:
<br /> ;
<br /> � 18. Acc�IKatlon;R�m�df��.Except as provided in parapraph 17 hereof,upon 8orrower's breach ol any covenant or
<br /> agreement ol8orrowe�in thls Deed o1 Trust,i ncluding the covenants to pay when due any sums secured by thls Deed ol Trust,
<br /> �,4 Lender prfor toacceleratlon shall mafl notice to 8orrower as provided in paragraph 14 hereof spacifyfnq:(1)the breaah;(2)the
<br /> � actlon required to cure auch b►each;(3)a date,not less than 30 days from tho date the notice�a maiied to 8orrower,by which
<br /> • such breach must be cured;end(4)that fadu re to cure such breach on or belore the date specilfed fn the nollce may reault in
<br /> � acceleration otthe sums secured by thfs Deed ol Trust and saleof Ihe Properry.The notice shall lurther inform Borrower ol the
<br /> right to►einstete aker acCeleration and fhe right to br�ng a court action to assert the non-ex�stence o1 a delauN or any other
<br /> delense of Borrowe�to acceleratfon and sele.If the breach is not cured on or before the date spec�fied in the notfce.Lender at
<br /> ` � Lender's optlon may declare all of the sums secured by th�s Deed of Trust to be immediately due and payable without lurther
<br /> -� ' demand end may invoke the power ot sale and any other remedies permitted by applfceble law. Lender shall be entltled to
<br /> cdlect all reasonable costs and expenses incurred m purswng the remed�es prov�ded in the paragraph�B,mcludinq,but not
<br /> .� I imlted to,reasonable altorney's fees.
<br /> � If the power of sele Is invoked.Trustee shall record a notree ol defauH in each county in which the Property or Some pah
<br /> thereof is IoCeted and shall mail copies of suc h notice�n the manner prescnbed by appl�cable law to Borrower and to the other
<br /> ,�. ! persons prescribed by applicabte law.ARer the lapse o1 such�ime as may be requ�red by apphcable law,Trustee shell g�ve
<br /> �� , , public not�ce ol sale to the peraons and m the manner prescr�bed by apphcable law.Trustee,without demand on 8orrower.
<br /> shall sell the Properry at publlc auction fo the h�ghest bldde�atlhe t�me and place and under theterms des�gneted in the notice
<br /> , ol sale in one or more parcels and in such order asTrustee may determme Trustee may postpone sale ol all or any parcel of
<br /> � � the Properly by public announcement at the time and place ol any previoualy scheduled sale.Lender or Lender'a des�gnee
<br /> � ; mey purchase the Property at any sale.
<br /> � Upon recefpt ol peyment of th e pnce bid.Trustee shall delrver to Ihe purchaser Trustee's deed convey�ng the Property sold.
<br /> The reCitals fn the Trustee's deed shall be pn ma lacie evidenceof the truth of the statements made there�n 7rustee shall epply
<br /> � • u......�......+���i.+��..ell.oee.,,,eh�a��a�eA�nwYnanspaofthesale.ineludma.butnotHmitedto.
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<br /> Trustee's leesof not more than __-�.—_%of the gross sale pnce,reasonable attorney's lees and costs of INleevidence.
<br /> � (b►to all suma secured by this Deed of Trust;and Ic►the excess,il eny,to the person or persons legally enfftled therelo
<br /> � 19. Borrowt►'�Rlqhl to RNnst�t�.Notwithstand�ng Lender's acceiereuon of the sums secured by th�s Deed ol Trust.
<br /> ' Borrower shall havethe nght to have any proceedings begun by Lender to enforce the Deed of Trust diseonlmued at any t�me
<br /> y i prlor to the earlfer to occur of(i)the fiHh day�elore the sdle of the Property pursuant to Ihe power of sale contamed in Ihe Deed
<br /> � ot i'rust(iQ entry ol a judgment entorang Ih�s Deed ol frust d(a1 Borrower pays Lender all sums which would be fhen due
<br /> under this Deed ol Trust.the Note and notes securmg Future Advances,il any,had no acceleration occured.(b)9orrower
<br /> cures all breachea of any other covenants or agreements ol Borrower contamed in Ihis Deed of Trust.Ic)8orrower pays:+II
<br /> � reasonable expanaes incurred by Lender an d Truslee enlorcu�g fhe covenanls and agreements of Borrower contamed in th�s
<br /> � Deed of Trustand in enlorcing Lender's and Trusfee's remed�ea as prowded m paragraph 18 hereol,��clud�ng,buf not I�m�ted
<br /> to.reasonable ettorney's fees:and(d)Borrower tekes such action as Lender may reasonably requ�re to assure that the i�en ol
<br /> � this Oeed ot Trust,Lender's mteresl fn the P roperty and Borrower's obligation to pay Ihe sums secured by Ihis Deed ol T rust
<br /> shall continue unfmpafred Upon such poyment and cure by Bo►rower,this Deed of 7rust and the obliqat�ons secured hereby
<br /> ' shgll rempfn in full lorce and eNect es ff no accelerat�on hAd occurred
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