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<br /> ' � �, �, Cq�Mon.Th�proce�de of eny awud or clNm lor d.amapes,dlroct or consequantlal,in con�ecpon wlth any �°�
<br /> � cond�mnadon orotf»r faklnp ot th�Prop�rty.or paA Ihqrwt,a for conv�yance fn Ilou ot cond�mn�tlon,er�Mr�by�as�pn�d --
<br /> • ° � and eh�ll b�pald to L,�nd�r. --
<br /> ,. � In the w�nt ol�toal hkfnp ol th�Proporty,lh�p►ocssds�ha��be aPP�led to the suml�facured by thld OMd of Trus�wlth � ___.
<br /> the excns,If eny,pald to Borrower.Ir+the event ol a psAlsl tekinp ol tha Proporty,unlsu Borrown�nd l.and�r othmwise __
<br /> I apreefnwrldnp,IhsreehallbeappNedtothe�umsaecuredbylhls0eedolT�ust�uchpropoAfonoftheproceed�aslisqwllo =
<br /> thatproportlonwhlahthe�mountofthowmss�aundbylbisD�edofTrustimmsdl�telyp►lortothed�teoftaklnpbe�rstoth�
<br /> i lair market value of tM prop�Ay fmm�dl�tNy prlo�to the 4aU ot q�kinp,with th�bslance of the proeNds p�id to 8�rrow�r. __
<br /> If the Properry fs ebsn ned by Borrower,or If,aR�r notice by Lender to Borrower that ths condemnor oft�►s to mNn an
<br /> award or a�ql�aalalm lor demapos.Borrower hU�to r�tpond to Lander within 30 deys aftar tha date auch ootice Is malled, �-__ ---�-�-- ---
<br /> Lendar Is suthorl��d to collect and�pply ths procNds,at L�nd�r'�oplfon,alth�r to ra�to�epon or r�p�Ir of th�Prop�rly a W =--
<br /> tha sums e�cured by thls Deed of Trust
<br />- UnleuLandKandBorrowerolh�rwieeamo8ntsreferrbtoln�ra�raph4ttend2rhweoforchanpe�tFwamounto�lwch �__ ,"
<br /> � po s t p o n e t h�d w d�a o 1 t h e m o n t h l y(n t t a P a
<br /> Installments. `
<br /> . � 10. BorrowuNolR�N�s�d.Extensionolthetimefor peymentormodllioalfonolemoAlzationolthesumssecundbythis �'' -
<br /> O e s d o f T r u s t g r e n t e d b y Lender to an y aucceasor in Interest of Borrower ehell not oparate 10 reteaoe,in any monnsr,the
<br /> Ilabflly of the orlpinal8orrower end Borrower'e succeesoro fnteres�Lender ahall not be requ fr e d t o c o m m e n c e p r x e e d l n p s a ���-.
<br /> e4ainst such successor or�efuae to extend Nme tor peyment�►otherwine madity amoNzeUon of the sums aeeured Dy thie __- -- -__- -
<br /> " Oeed of Trust by rea�on of any domond made by the orlpinal Borrower end Borrower'e succesisors In Interea� �---_
<br /> � 1 t, Forb�aanc�by LMdK Not�W�hr�r.Any torbea►ence by Lender in exeralsinp any rlyht or remedy hereunder,or
<br /> otheryvlse alford�d by appllcable law,ahall nat be e welver of or preclude the exerclae of any euch rlght or reme�lr.The
<br /> • procurement ot Insuranceot the paymentof taxes or other Ilens or cha►ges by Londer shell not be a waive�ot Lender's rlpht to �i s
<br /> acceterete the maturlry ol the indebtedness eecured by thls Daed of Trust __
<br /> 1�, p��dlM CwnulHiv�All remedles provided In this Deed of Trust ere dlatinct and cumuleNve to eny oth6r�Ipht or � . _
<br /> remedy under Ihla Dead of Truat or eftorded by lew or equiry,and may be exerciaed concuRenlly, independenUy or _
<br /> I aucceseively. -
<br /> 19, gaac�swrs�ndAs�m 8ound; Jolnt and S�va�l LlabWty;CsPUom. The covenents and apreements herein �
<br /> contai�ed ahell bind,and 1he rights hereunderohaA f�ureto,the reapective eucceasors and eaeipnsot Le�de�and Borrowe►. � �^—
<br /> aubJect to the provislons of paragraph 17 hereof.All covenants and agreements of Borrower ehell be ioi�t and eeverel.The
<br /> i cepdons and hepdi�ps of the paraqrepha of thls Oeed o1 Tru�tare for convenlertce only and ere not to 6e used to interpret o� 1
<br /> ; deffne the provlelonahereof. � -
<br /> � 1�. No1k�.Excepttor any notice requfred underep pl�able law to be given in anothe�manner,(a)eny notice to Borrower ' ".+n,�--•
<br /> provided for I�lhla Oeed of Truat ahall be gfven by meillnp such notice by ceAilied mail addressed to�orrowe►at the Property •
<br /> � Address or at auch other addreea as Barower may deafynate by notice to Lender as provlded hereln,and(b)any notice to ' �
<br /> lende�shall be ylven by certlfled mell,return receipt requeated,to Lender's eddreas ateted hereln or to auch other addreas ae �.
<br /> Lende►meydeaignetebynol�etoBonowerasprovldedhsreln.AnynoticeprovldedlorinthisDeedotTrustshallbedeemed . �`.
<br /> i to have been given to Bor►ower or Lender when ylven in the menner deafpneted hereln.
<br /> 16. UnHomi OMd ot Tw�Qov�minp Law;S�wa6lNht. The form o1 deed of trust combines uniform covenants for �' =
<br /> , natlonel uee and non-unNorm covenenls wlth limlted varlatbns by jurlsdlctton to constftute a uMform securt�Instrument -�+Q
<br /> . I coverinp real properry.Thls peed ot i ruat ahell be yoverndci by ihe isw af tha jurl:.dtctlon In whlch!!�e Properly e k+c.��ed•�^ ; . _�:�
<br /> a ectothehprovlsio soltha0eedofT�uafortheNotewnc�hcanbegiveneBe twithou thecontictfn�p oveon�s�andtothis .
<br /> � end the provielons o1 the Deed of Trust and the Note ere decla►ed to I�e$of he Nota and of thls Deed of Trust af the tfine of
<br /> .. 78. Bonowe's Copy.Bor►ower shell be lurnlahed a conformed copy .
<br /> executbn or etter�eco�dadon hereof. -!,.
<br /> 17. Tnnsle ot th�Prop�rryr;MsumpUon.If all o�eny pert of the property or an intereat thereln Is sold or trensferred by v
<br /> Borrower wNhout Lender's prlor wrlKen consen�excluding(a)the creatlon o1 a Ilen or encumbrence eubordfnete tothfs Deed ��?�
<br /> otTrusL(b)thecreaUanMapurchaeamoneysecurfylnterestforhouseholdeppllences,(c)atrenslerby devfaedeacentorby :
<br /> operation of law upon the death ot a�olnt tenantor�d)thegrantol any leasehold Interest of threeyeara or leaa not contelning an
<br /> option to purchaae,lender may,at lender's option,declere all the sums secured by this Deed of Truatto be immediately due � t
<br /> and payade.Lender shall heve walved auch optlon to accele�ate if,prfor to the sele or Iranster,Lender and the person to
<br /> whom the Property Ia to be sold or tranalerred reach agreement fn wrftfng that the credlt of auch person is satlefactory fo
<br /> lender and thatthe Interest peyeble on the sums secured by this Deed of Trust ehall be af auch rete as Lender shall request II
<br /> � Lender haa walved the optlon to accelerate provided in thls paragraph 17,end il 8orrpwer's auccessor in interest has
<br /> , executed a wrltten assumptlon agreement eccepted In wrltinp by Lender,Lender shall release Bo►rower Irom ell obllyeHons
<br /> under this Qeed of Trust and the Note.
<br /> If Lender exercises auch optlon to eccelerate,Lender ehall mail Bo�rower notice of acceleratlon in eccordance with
<br /> � para�raph 14 hereol.Such notice shell provlde a periodof not less than 30 deys Irom the date the noUce Ia meiled wfthin which
<br /> � 8orrower may pay the sums declared due.If Bo�rower fails lo pey such sums prlor to the expketion ot such perfod.Lender . �
<br /> � mey,wlthout iuAher not�e or derrw�nd on 8orrower,invoke eny remedies permllted by paragraph 18 hereof.
<br /> NON-UNIFORM COVENAN78.Bonow�r�nd L�nd�r fudh�cor�nt and aprN�s lolbwc
<br /> 10. AccN�ntion;R�m�dlp•Exce�t as provlded in peregreph 17 hereof,upon Borrower's breach of any covenent or .
<br /> agreement of 8orrower In thls Deed of Trust,Including the covenants to pay when due any sume aecured by thfa Deed ot Trus� .
<br /> Lende►prior toecceleretlon shall mefl notice to Bor�oweres provided in paregraph 14 hereof apeci(yInp:(1)Ihe breach;(2)the
<br /> ectlon required to cure such breach;(3►a date,not less Ihan 30 deys from the dete the notfce is meiied to Bo►rower,by which
<br /> such breach must be cured;end(4►thet faflure to cu�e such breach on or before the date specllied in the noUce may reault in
<br /> � � ecceleretbn olthe sums secured by thfa Deed of Trustand sale of the PropeAy.The notice shall tuKher Inform 8orrower of the
<br /> , �y rlght to relnatate afle►acceleratfon end the rfyht lo bring a court action to asseR the non-exfstence o1 e defauN a any other
<br /> ; defense of Borrowerto eccele►ation and sale.11 the breach ia not cured on or belore the date apecifled fn the notice,Lender at
<br /> Lender'a optlon may declare all of the sums secured by th�s Deed of Trust to be immedlately due and payeble wlthout further
<br /> demand and may invoke the power of aele and eny other remedles permltted by appllcebfe�aw.Lender shell be entitled to
<br /> collect all reasonable costs and expenaes incurred in purs�nng the remed�es prov�ded fn the pareyreph t B,includlnq,but not
<br /> Ifmlted to,rea�onaWe anorney's fees.
<br /> If the power of sele is Invoked.Trustee shall record a nollce of default in eaCh counry m which the Property or some pan
<br /> theteot is located end shall m811 copies of such notice in the manner prescnbed by applicable law to Borrower and to the other
<br /> ' peraons prescrlbed by applfcable law.After the lapse ol such time as may be requ�red by applicable law,Trustee shall g�ve
<br /> public nottce ol sale to the persons end in the manner prescrlbed by appliCable law.Trustee,wfthout demend on Borrower,
<br /> � shell sell the PropeAy at public auctlon to the highest bidder et thetime and plaCe and under theterma designated in the notice
<br /> of sale In one a more parcels and In such order as Trustee may determfne.7rustee may postpone aale ot all or eny parcel 01
<br /> the Property by public announcement et the tlme and plece of any prewoualy scheduled sale.lender or Lender'a desiynee
<br /> may purchase the Property at any sale.
<br /> Upon recefpt of payment ol the price bid,Trustee shall deAver to the purchaser Trustee's deed conveyfng the Property sold.
<br /> The recitals in Ihe Tru8tee's deed shell be prima lacfe evidence ot the lruth ol the statementa made therefn.Trusteeshell apply
<br /> __.,_..�...e.s�.�...tie�..��.,Wj.,��.dwr•ia�to a11 reasonable costs and expenses of the sale,lncluding,but not limited fo.
<br />. � iiwjiiwoo�uv....vw.........�._.._".'_�_ _' .
<br /> Truatee's feeaof nut more than_ 9b ot the grosssale price,reasonable attorney's leea ana costs oi ntie evidence:
<br /> (b)to atl sums secu►ed by thfs Deed ol Trust and(c)the excess.�f any,to ihe person or peraons legelly entltled thereto.
<br /> 19, Bono�'�Rl�ht to RNmtab.Notwlthstending Lender's acceleratfon ol the sums secured by th�s Deed of Trusl
<br /> � Borrower shall havothe right to have any proceedfngs begun by Lender to enforce the Deed oI Trust dlaconbnuedet any t�me
<br /> ; prfortotheearllertooccurofp►thefitthdaybeforethesaleolthePropertypursuanttothepowerotaaleconteinedintheDeed
<br /> � of Truat�ii)entry ol o iudpment enforcing th�s Deed ol Trust if:(a1 Borrower peys Lender ell auma whfch would be then due
<br /> undar ii�ib aedu 3S TrusS,thtt!lotc and r.etss s!M�r�nr�F��h�ra Advances.if eny,hed no aCCeleretion occured:�b) Borrower
<br /> cures all breachea of any other covenants or egreements of Borrower contained�n this Deed of Truat:(c)tiorrower pays ai�
<br /> reasonable expenses fncurced by lender and T�ustee enforcing the covenants and agreementa of Borrower conteined in th�s
<br /> Deed ot T�ustand Inenlorcing Lender's and Trustee's remedieaas prov�ded in paragraph 18 hereof,fncluding,but notllm�ted
<br /> to,reasonableattorney's lees;and(d�Borrower tekes suchaction as Lender mey reasonably requfre to assure thet the lien of
<br /> thls Deed ot Trust,Lender'a interest in Ihe Property and Borrower's obligation to pay the sums secured by thls Deed ol Trust
<br /> + shall cont�nueunimpafred.Upon auch paymentend cure b�Borrower,th�s Deed ot Trustand the obllqat�ons secured herRby
<br /> � shell remaf�In full force and eHect as d no eccelerat�on had occurred
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