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<br /> In tl�e evpnY nf a tntol�tn�fnp ot Qhe Property,the proceeds ahell bo epplled to the sums securod by thie f��i�`af 1 r ;;�, �
<br /> Hith the exCess, it eny,psid fa Borrower. In the event of e partlal teking oP the Froperty,unloua 13orrowor end Lander
<br /> otherwf�u aproe in writinp tiure stu11 be sppited tu the Bum�secured by this Deed of Yruat duch prop�rtlon of the Rroceeda
<br /> u�i�aQwi to tMt proport�on which the amount of the aums Recured by this Deed at 7ruat immedietely prlor to tha dete af
<br />� tek�tx+�t�to tha leir merket vawo of the pro@erty immedietely priar to the dete of teklnp,with the balanca of the proceeds
<br /> p��d o Borrawer.
<br /> If the Pto{r�ert la ebendoned by Borro�ver,or if,elter notice by I.ender to 9orrowtlt that the�andemner offere to make
<br />� on o�rntd or cett e e clnim far demeaes, eorrawer feits to respond to lender within 30 days elter the date suc�h notico Is
<br /> m�iled, Lendor la�uthorfxcd to colieat eaid applY�the peoceeds, et Lender's optlon, eltner to restoration or rept+ir of the
<br /> Propeny nr to the auma secured by tMs peed of T�ust.
<br /> Udess l,en�er end Barrower otherwise sgree in writing,eny auch applicetion of proceeds to principal shall not extend
<br /> or postpone ths due date ot the monthly Instellments re4erred to In paragrophs 1 end 2 hereof or chnnpA the emount nt such
<br />- Insullmenta.
<br /> 10. RottowK Not RNw��d. Extensfon of the time for payment or madificetlon o1 emortizatlon ot tho sums securad
<br /> by this Deed af Trust grented by Lander to onY successor in interest of Borrower ahall not operete to release,In any menner,
<br /> the liebllity ot the original Borrower end Borrower'a succeasars Interest. Lerv.ier shell nat be requ(red to commence
<br /> proaeedinps egeins�t such successor or refu3e to extend dma 4ot p ymeni or othorwiso modify nmoctlretion ot the sums
<br /> ea�:v�eG t,y fr:��aed of T�us't by reasan of am demsnd mede by the or��inet Borrower end Horrower's successors in interost.
<br /> 11. Falwar�by L�nda Hoi�Waivw. Any forbnornnce by Lender in exercia;ng eny right or remedy hereunder,or
<br /> othetwise afto�ded by applicehle lew,shall not be a wafvor pf or preclude the oxeraise of eny such tight or remedY. The
<br /> procurement of inuira�ce of the paYment of texes or ot�wr,lians or charpes by Lendor sl�all nat be e watver of l.ei�der s ri0ht
<br /> to eccelerate the metur(ty of tha fndebtedness secured by thfs Deed o}Truat.
<br /> 12. R«n�dla Cumutatlw. All remodins provided fn thls Deed o}Tru�t ere distlnct end cumuletive to eny other right
<br /> or remedy under this Dead of tNSt or attorded by law or equity, end may be exereised aoncurrently, independCntly ar
<br /> succeasively.
<br /> 1�, 3a�,e:se��Aat,� Bfllerld;de�E rn9 Sevh�!!!+!�WR��G�►Noee. ThR rnvenants end agreements herein
<br /> contained a1bN btnd,end the riDhEe hereunder shail inuro to,the reapect�ve successors end essigns of.lander end Borrower.
<br /> sub�ect to the provt�tor�s at p�neyraph 17 hereof• All covenents and apreemonts of Borrower shail be�olnt ond several. The
<br /> captions and headin�s of the parepraphs o!thts Deed ot 7rust ere for convenience only end are nat to be used to i�terpret
<br /> or define ihe provls�o�s hereof.
<br /> 14. NoNe�. Except for eny notice requlred under appliaebie lew to be piven 1n enothet manner, (a)any notica to
<br /> Borrowe�provkled for tn this Deed of 4rost al�all be given by meiling such notice 6y certtfied mail addressed to Borrower et
<br /> the Propeny Address or et such other eddress es 8orrower may desfgneta by notice to Ler.der as provided herein,end ibl
<br /> say notice to Lender shall be given by certified mail,reY�rn rece�pt raquested,to I.ander's address steted herein or to such
<br /> other eddress es Lender may deslpnat�by not�e to Borrower es provldad herein. Any notico provtded for in tt�is Deed af
<br /> Tn�st shall be deemed to heve been g(ven to Borrower oe Lender when piven fn the manner designated hereire.
<br /> •14.1 •Request fos Notice. Trustor end bene(iciary request thet e copY of eny notice of defeult and notice ot sale mada
<br /> a executed by tha Trust�ee purauenc to the provtsions hereof be sent to the Trustor and Benoticiary at their respective mafling
<br /> eddressea set forth ehove.'
<br /> 16. UnNam DMd of Trust;Qov�ln�I.�w;S�vK�bNity. The form af deed ot trust comhines unifprm covenants for
<br /> netionel usa and non-uniSOtm covenan�s w�th Umtted va►iations by Iurisdiction to constitute e uniform security instrumer.t
<br /> covering realp�opeRy. ll�is Deetl ot 7 nust ahaii be governe�by tiie iaw ot tiie' risdiccian�n whicn tne�roperiy is�oceioo. °
<br /> in tho event thet eny prov►slon or clausa af+this Deed of Trust or tha Note aon licts with e�plicabte Inw,such conf Ilct sMali
<br /> not eifect ottxsr provisions 4f this Deed af Trust or the Note wh�ch aen De given effect w thout�ha conillcting provisions,
<br /> and to this end the provisions�i the Oeed of Trust end the Note ere+declered to be saverahte.
<br /> tg, Qonawr�t Copy, Borcower ahall be furnished a conformed copy af the Notn end of thia Deed of Trust et the time
<br /> ui execution or efter recurdatfon hereof.
<br /> 17. Tra�at�+of th�Pro�ty:Assurt�ptton. If at)or any pa�t of the proporty or en interest thenin ts s�ld or transterred
<br /> by 6ortnwer withaut Lender s prior written consent,exciudinp(e)the creation of e lien or encumbrence subor�l�ete to this
<br /> Dend of T�ust, (b)the oreation of a purahase money secunty interest far houscAold appliences,(c)a tren�'►er by devise
<br /> descent or•by operetion of law upon the desth of e foint tenent a�d)the graM of eny leasehold intereat of three yesro or
<br /> bss noc contek�ing an dption top�xchdse lender may,et Lender's opt on,decl�re all the sums seaured by this Deed of Tast
<br /> ta be Immedietely due arld payabie. l.enoiar shall heve waived such option to accele�ate if.,�t{pc�to.iS�.s�oc r
<br /> arb the�persor►to whom the Propeny is to be sotd or transferred reach egreement in vk+W�e�f�teMle�ilri�ICllDer n
<br /> ts aatis ef ctary to Lender end that ihe Interest payahle on the sums aecured by this D�ea" - � te s
<br /> Lender shali request. if Lender has waived the option to eccelerete pravid�d In t s 'f s
<br /> succeasor!n interest hss executed a written essumptian agreement ecaepted in wr ' e
<br /> � Barrower ftom ell obligetions under this Qeed of Trust And tt►e Note.
<br /> If Lender.exercisea wch option to aCCelerete,Lender ahall mril Borrowe�notice o4 ecceSeration in accordence with
<br /> par eph 7+�t►ereof. Such notice ahall provide a period af rwt loss than 30 days from the Qate¢he notice i�mailed within
<br /> �8o�rower mey pay the surns declared due. If Borrower fails ta pey�uch sums prior to the expiretion uf such period,
<br /> lendar may,wlthout turthbr notice or demead on 8orrowor,Invoka any remedies fiermitted by paregraph 18 hereof.
<br /> " (WON-l)NIFORM GQVENANTS. Borrower and Lei�Turtfi�r cov�t md�g�ros s�toNowa:
<br /> 16. Acc�I�taHon;Rarn�dNs. ExCe�+t es provided in paragraph 17 hereof,upan Borrowers breech of my covenemt or
<br /> epreement of Borrower tn 4his Deed o!Trust,tncludtng thb covenenYs to pay when due eny sums¢ecured by this Deed of
<br /> T"rust.Lender prior to acceleration abell mail notice to Borrowe�as provlded in par�greph 14 hereo!specltyir►Q:11)the breach;
<br /> l2)the ection requked to cure 6uch breach;13}a dato not tess tl�an 30 days from Lhe date ttx�noY;as is ma�Ied to Borrower,
<br /> by wl�ich such brench m�st be cured:and(4)that feflure to cure such breach cxa o�before tha daie specltied in the notfce
<br /> 'mey result(n eccekrstian oi the sums secured by this Deed of Tnut end sa!e of the Property. The notice shat!�Further inform
<br /> Barrower pf the right to reinstete eiter accelaret(an and the right to bring e court action to asseft the non�existencs of a
<br /> defauPt or arry other dofense ot Borrower to acceler�atlon end sale, If tho braach is not cuted on or before the date specified
<br /> in the notice,Lender et Lenders op4ion may declare ell ot the aums secured by thls Deed of Trust to he immediately due arM
<br /> pnyable wlthout further demand and ma�y Invoke the power pf sale and eny other remedies permftted by epplicebte layv.
<br /> I.ender shall be enti2tad to collect eIl reasonable costs and expenses incurred in pursufng the rsmodles provlded tn tho
<br /> peragraph 18,inckid'x�,but not limited ta,ressonrbfo ettorney s feas.
<br /> It tho power of�ae�te ls invoked,Tnrsteo shatl record e notice af default In eeeh cuunty in whlch the Property ar some pan
<br /> the�eof(s lacated anci sT�l!mail coples of such nottca in the menner prescribed by eppllcebte taw to Borrower and to the othar
<br /> pers<xis presuibed by ayplicebla lew. After the lapse of such ttme ae mey be requlred by appticsble I�w,Trustee shall give
<br /> pubNc nnt+Ce of seb tu the petsons er�in ihe manner presaribed by eppIlceble lew. Yrustee, w(thout demend on Borrawer,
<br /> shall sell the F'ropeny At p�+blfc euctian to the highest bidder at tho time and place and under the terms designeted in the
<br /> notice ot sab in one ec more parcels end in such ordet es Trustee moy determine. 7rustee ma�postpane sate of att or eny
<br /> parcel of the Property b�public ennouncemenE at the time end ptaca ot any previously schedu ed sale. Lendvr or Lender's
<br /> desipnen mey purct�5a the Property et eny sale.
<br />' Upon receipt of paymont of the price bid,Trustee shell deliver to the pureP�eser Trustea's dead conveylnp tl�e Property �
<br /> sa�d. The reoitels tn tfie Trustee's deed shall be prime facie evidenco of the truth of the statomonte mado therein. Trustoe
<br />� shall apP!y the proceeds of the sale In ehe following order:(a)to eIl�easoneble costs and expansos of the sele,includlnti,
<br /> 4..�..��I:.rL�J• T�..M�I�./a��wt wn��wn�a 11�u� QL n1�tiu iv�e e��u ivins �neMbhlO aHivr�u��n�ane��vl Muln
<br />� ot titla svtdanCe;(b)4o all sums seGUted�by this Dettd of Trust:and�{C14h�ozCSSE,if:.ny,LO tli0 pQi'66D Oi p8fb011b 18Q81fy �
<br /> entitled thereto.
<br /> 79. Flortoww'�RipM t�R�tnttst�. N�twithstending Lende►'s acceleretion of the sums secured by thlu Oeod of Trust,
<br /> Bonower sheM heva the rtght to heve eny proceedings begun by Lerxler to eniorce the Deed of Trust disco:itinu�d et eny tfmo
<br /> pno�to the e�l'oer to ocCUr of(1)ihe fi}th day before the sale of the Property pursuant to tho power of sale contelned in the
<br /> Oeed of Trust lii)eMry of o judgmenc onforcing this Deed of Trust if: (e)Borrower pays Lender all sums which would bo then
<br /> due under thi� Deed of Trust, the Note en� notes securiny Futuro Advances, it any, had no eccoleratian acGUrred: (b)
<br /> 8orrower cures aq breaches of emr otl►er covenants or agreernents o}Horrawer contafned Ir�thfs Deed of Trust: (c)Borrower
<br /> nethls uDeed o T�st e�r�d ineentorcifedlende�erxf Trustee s remedles ose rovtded in earaarer�h 18 hereoL inct dlnc�butl not
<br /> limited to,reasonabto ettornoy's fQes;and(d)Borrower tekes such actlon ey Lendepmay veasoraebty require to esSUre that -
<br /> the iien of this Deed of Tnist,LondePs inter�st in the Property and Borrower's obllgetian t�pay the sums secured by this -
<br /> De�d at 7n�st shell continue unimpaired. Upon such payment end cure by Borrower,thls Oeed of Trust end the obligatlons -
<br /> secute�hereby shall romain In futl force end effect as if no ecceleretlon had occurred. -
<br /> CG 10831A/96) 3 v
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