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<br /> ± � � �. Cond�aUan.Tho proceeds ol enY eward or clalm for demepea,dkect or coneaqusntlsl,in connectlon wfth eny
<br /> condemn�Uo�oroth�r teklnp ol th�Prop�►ty,a paAth�r�ol,or for corn�yancr in Ilw o1 caM�tlon,ars Iwr�by w�lpn�d �
<br /> n �nd�hs11 b�p�id to Le�►. .
<br /> � In Ihe�vent o1 a lotal�kinp ol th�Proparry,lhe proceedi shall be a pltedlo ths�um�w�cund b�thla Oaad ol Tru�R with ,
<br /> Ihe exeea�,if any,peid to BoROwer.ln the event ol e paAlcl taking of�e P►operty,unleu Bor�own and Lender otherwlse
<br /> � apne 1n wrldnp,Ihersoh�Il be�ppllsd tothe�ums�ecursd brthl�Dsedol Trwt suchpropoAlon of the proceeds u i�pwl to
<br /> thdproporUonwhlchtheamountofths�um��scuredbyihieDeedolTrustimmedl�I�lypflortoMsd�teofpikln�beantothe
<br /> lalr market valus o11hs propeAY fmmsdl�tely pHor to fhs dats of tekinp,wlth Ih�b�l�nc�ot Ihs prx�sd�peid ro 8orrower.
<br /> � If ths Property la eb�ndoned by Borrower,or il,dter noUce by Lendsr to Borrowe th�l th�condemnor olf�n to maka en
<br /> r , ewe►d or settle e clalm fa demape�,Bonowsr lalls to respond to Lender withln 30 d�ya�Rer Ihs dste euch notice ie mdled,
<br /> ; Londer ia auttsorited to collect end�pply th�procMds,d I.�nMr'�opqo�.�Ith�t to rqLOr�don or rp�ir ot th�Property a to
<br /> the sume eecu►ed by fhle Deed ot Truet
<br /> —_ �i llnlcw.Londer and L9onoucr otherwiea epree In wrlHne�,�ny eur.h eppHcellon ol proceedsto princ{pal shell not extend or
<br /> � po itpons th�dw d�t�ol th�monthly Imfallrtwnq rN�rred to in parapr�ph�t and 2 hK�ol or ch�nps ths�mou�t of wch
<br /> -- In�tallmenb.
<br /> - 10. 9onowwNolRN�ss�d.Extenslonolthetimelo�paymentormodillc�llonotemoAlzadonolfheaum�eecu�eAbythia
<br /> - Dead ol Trust�renled by Lender to a�Y euccessor I�Interest of 8orrowar thall nol operate to rsleae,In eny manner,the
<br /> �: . Ilsblliry ol ths oriplrnl Bonowerand Bonower'e succee�on InteresL L�nder�hdl notbe required to commence proceedinga
<br /> ' , ap�l��t�uch�uocaiwr or►eluse to�xl�nd Ume for psym�nt or otherwlse modily�mortltallon oi tlro wma�ecured by this
<br /> DMd of Trust by reawn of any dem��d mode by tho orlginal Borrowar and Borrower'a�uccessors In Interest
<br /> ; 11. ForMaranq by L�nd�r Nol�Walr�.Any lorbeerence by Lender In exerclel�y�ny ripht or remedy hereunder,or
<br /> — � omerwus artorasa Dy appucaole lew.anaif not be e wewer of or preciude Iha axercisa oi eny auoh ripht w ren�e9y.TNe
<br /> procurement of Mswanoeol the paymentof texes or other Ilen�or chsrpes byl�ndusholl nol bo�w�iver of Lender'�Npht to
<br /> acceternte the metu�iry of the Indebtedneas sscured by this Qeed of TrusL
<br /> 1�. RNn�dla Cumul�tlr�All remadlea provided In 1F�I�Oead of Trust are dladnct end cumulaNve to any olher right or
<br /> remedy under this Deed of Truat ar aMorded by law or equlty,end may be exarci�ed concuROnUy, independondy or
<br /> �ucceseively. _
<br /> -: /3. 8uec�as and Awlons 8ound; JoIM snd S�vtrN I.I�bQit�r; CapYon�.The covenente andag reemente herein
<br /> �^ contained ehatl bind,end Ihe riphta hereunder ahall Inure to,lhe reapective aucceasas and aseipne of Lenda and Borrower,
<br /> -w subJect to ihe provisiona of paregreph 17 hereof.All covenants and apreemenb of Bo�rower ehall be lolnt and�everel.The
<br /> � ceptiona end headinpa olthe perayrephs of Ihls Deed of Truat ere for�onveNence only and are notto 6e used to Interpret or �
<br /> deHne the provlslona hereof.
<br /> .j I 1�. Notic�.Except forany notice required under epplicable law to be given in anolher manner,(a)eny nollceto Borrower
<br /> � provided for in this Deed ot Truat ahall be given by melling such notice by certilled maH eddreased to 8orrower at the Praparty
<br /> _ � Addreas o�at such other eddress as Borrower mey deaignate by ootiee to Lender aa provided herein,end(b)any notice to _;
<br /> ;',� Iender ahall be given by certifled mell,retum receipl requeated,to Lender's addreaa atated herein orto auch olhereddress as -;t
<br /> _� Lender meydsalpnate bynotica to 8orrower aa provided hereln.Any noNce providedlor In 1M�Ooad of Trwt�hall bedeemed
<br /> ;.ti � to have been qiven to Bor►ower or Lender when 91ven In the menner designated hereln.
<br /> •� 16. UnHam DNd ot T�u��Gov�min�Law;B�vNaWlity.The form of deed ol truat combines unflorm covenente for ,.�
<br /> �{ netional uae and noo-unibrm covenants with limlted verietlona by juriadfcYon to conaqtute e uniform aecurity inabument �
<br /> =! coverfng real propaAy.Thls Deed ol Truat ahall be yoverned by the law of thew�ladletion in which the Property le loceted.ln • � .
<br /> ^! � the event that eny provfalon or clauae ol lhla Deed of T�uet or the Note conllbts wllh epplicable lew,such confllct ahell nat ^:
<br /> T- � aHect other proviaions otthis Deed otTrust or the Nota whfch can be given eHect withoutthe conflicdnp proviuont,and tothis � � .
<br /> ,f � epd.tha provNlai�ol tMD«0 tt�uat and the Note are declared to be seve�able. '
<br /> 1 A 4 i�Wfi�li,b' h� �� r hall be turmahed a contormed copy of th�Noto end oi this Dsed oi 7'rutl et the time oi ;,;'
<br /> �g e�Yscu n or UIIMwbE dre�1. �"�
<br /> 1� �17. �umppon.If all or eny paA ol ihe prope�r or an Interest therein le aold or trenaferred by
<br /> ldenconeen�excludlnp(a)thecreatlonofelienarencumbrancesubordinetetothisDeed � '
<br /> J ofTruaf,�b)thecroatbnolapurchasemoneyaecurltylnteresNorhousehotdeppIiencea,�c)etrenalerbydevleedeacenlorby �`
<br /> -� operetlan ol law upon thedealh ot e�ointronantor(d►the grentol any leaeehold Intereetofthreeyearo w lesa not contalninq en ��'
<br /> - optfon to purcheee,Lender mey,at Lender'a option,declere ell the sums secured by thi�peedol Trust to be Immedfately due �
<br /> " end payable.Lende►shul havs waived euch optlon to eccelerate il,prior to the aale vr Irbnaf�r,Lender and the peraon to
<br /> whom ths Property ie to be eold or trenaferred reach apreement in wrlting thet the credit ol tuch peraon Is aellsfactory to
<br /> - Lender end thattheintereet peyable on Ihe aums aecured by thlo Deed ol TruNshell be etsuch ratAea Lender9hall requea�11
<br /> Lender hes weived the option to accelerate p�ovided in this paragreph 17,and A Barrower'a eucceasor In Interest has
<br /> executed a wdltan aeaumption agreement eccepted in wrftinp by Lender,Lender shvll relea�e Borrower 1►om all obllpallona
<br /> under thls Deed of TruslBnd Ihe Note.
<br /> II Lender exercises euch option to acceterate,Lender ahell mefl Borrower not�e ol acceleration In accordence with
<br /> perepraph 14 hereol.Such notice ahell providea period of not leas than 30 dayelrom the dete the nodce la malled within which
<br /> Borrower may pey the aums declered due.II Bo��ower falle fo pAy such suml prlor to the expiretlon ol such perlod,Lender
<br /> ' mey,without/urther notice or demand on Borrower,Invoke any remedlea pe►mitted by pare9raph 18 he►qo1. .
<br /> NON-UNIFORM COVHNANTS.Bonow�r and I.�nd�r lurfh�r eov�nt and aam at folbw�:
<br /> - ' 10. AoeN�ratlon;R�msdbs.Except as provided in paragraph 17 hereol,upon Borrower's breach of eny covenont or
<br /> epreementof Bonower Inthls Deed ot Tr�+st,lncludinq the covenents topay when dueanyauma aecu►ed by 1hla Deedof Trust,
<br /> Lender prior to acceleratlon shell mall noriceto Borrowerea provided In pe�agreph 14 hereof�pecil�in�:(1)the breach;(2)Me
<br /> � actlon requlred to cure auch breach;(3)a date,not lesa than 30 deysirom thedate the notice ie mel�ed to Bo�rower.by which
<br /> , such breach muat be cured:and(A)thettellure to cure auch breach on or befae thedateepecllied In the notice mayresult fn
<br /> � i acceleredonoftheaumseecuredbylhiaDeedofTruatendsaleottheProperly.ThenoticeehaMlurtherinform8orrowerotthe
<br /> , ripht to relnstete after acceleredon and the ripht to bri�g a cou�t actlon to aetert the non•exiatence ol e delault ar any olher
<br /> detenae of Borrowerto acceleretian end eale.If the breach ia not cured on or betorethe deteepecllled in the notice.lender et
<br /> � Lender'a optlon may declare ell of the auma aecured by this Deed of Trost to be immedialely due and peyeble without further
<br /> � demend and may invoke lhe power of eale end any other remedies permitted by eppliceble lew.Lender ahall be entitled to
<br /> I collectell reaeonabte cosb and expensos incurred In pursuinp 1he remediesprovid�d in the perapnph 18,includlnp,but not
<br /> Ilmited ro,reaeonabte attaney'a tees.
<br /> If the power of sele la Invoked,Tru�tee shall�ecord e notice of default in each county In which the Properly or some paN -
<br /> thereof it locatedand shell mell copiea ol auch noUce fn the menner preec►ibed by eppliceble lew to Borrowerandto the other
<br /> peraons prsscrlbed by appllcable lew.After the lapse ol auch tlme es mey be requlred by eppNcable law,T�uatee ahall pive
<br /> publlc notice ol sale lo the peroons and In the menner preacribed by epplicebte lew.Truetee,wlthout demend on Borrowe�,
<br /> � dhellaellthePropeAyatpubliceuctlontothehigheatbldderefthetimeandplaceandunderthete►madesignatedinthenotfce
<br /> ol sale in one or more percele and in auch order as Truatee may determine.Trustee may poatpone aele ol all or any percel of
<br /> the Property by publlc ennouncement et the tlme and plece of any prevlously schaduled tale.Londer or Lender's designee
<br /> mey purchase the PropeNy et eny eale.
<br /> Upon recelpt ot peyment olthe prlce bid,Truatee ahall deliver fo the purcheaer Truatee'a deeJ conveylny the Property sold.
<br /> The recitela in the Trustee's deed ahell be prlma tacleevidenCe of the truth o/the atetemenb mede therein.Truatee shell apply
<br /> the proceeds ol the sale In thefollowlnp order:(a)to all reasonable costeand expenaee olthe sale,including,but not Ilmffed to.
<br /> � Truateo'ateeaotnotmarethen %otthegroaaaaleprice,reasonabteatto�ney'aleeaendcostsoftitleevidence;
<br /> � (b)to all sums aecured by thla Deed of Truak and(c)the exceas.If eny,to the peroon or penons lepally endtled thereto.
<br /> 19. 8orrowK's RlOhl lo RNe�Wb.Nolwlthatending Lender's acceteratbn of the auma aecured by thfs Deed of Trus�
<br /> Borrower ahall hevethe rlphtto heveanY proceedinga bepun by Lenderto enlorce the Deed ol Trustdiaconflnued ateny time
<br /> prior io ine eariiario occur oi jij ine 6iin aay oerore me seie or ma rroparry punuani ioine power of eale contemed�n me Deed
<br /> ' ol Trust pf)entry of a Judpment enforcing thls Deed ol Trust II:(a►Borrowe�pays Lender all auma whlch would be then due
<br /> ? under Ihls Deed of Truet,the Note and notea securfng Future Advances,if eny,had no ecceleration xcured:�b)Borrower
<br /> curea ell breachea of any other covenanls or agreements of Borrower Contalned fn this Deed of Truat:�C)Borrower paya all
<br /> reasoneble expenaea f ncurred by Lender and Truatee enlorcing the covenents and agreemente of Borrower conteined in this
<br /> Deed of Truatend in enforcing Lender's and Truatee'a remedfea aa prorided In paregraph 19 hereol,Includfnp,but not limited
<br /> to,reaaoneble ettornny'aleea;and(d)8orrower tekea auch acflon as Lendermay rea�onebly require to aeaure thet the lien ol
<br /> thla Oeed of Trus�Le�der'a intereat fn the Property and Borrower's obligetion to pay the sums aecured by thle Oeed of Trust
<br /> ahell continue unlmpi�ired.Upon such payment and cure by 8orrower,lhls Deed ot Trustand the obllyetlona secured hereby
<br /> 1 i ahell remeln M lull la�ce ond eHect ea 11 no ecceleratlon hed occurred.
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