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Caid�ronWati TM proce�ds o1 any award or claim for domopes,diract or comequent�el,tn cannecuon w�th any �_,,�. �_._,. <br /> candert�nstianoroth�rt�kin�aftMProp�rfy,orp�nth�nof.orbreonv�yanc�fnli�uolcond�mn�don,areh�nby��iyn�d �� , ' 'J:�r-f�_,� <br /> and ahall bs pald to Lend�r. <br /> " -� In dte event of�WTaI fakinp of tho Prop�Ay,lh�pracs�ds ehall be appNed to the wms ascured by tMs f)eed ot T�u��with �� _�_:� <br /> � , lhe exceu.It any,pefd to Bonower.In fhe�vent of e psAlal fekinp of the Property.unless Borrowsr and lender otherwlae " <br /> �,. , �:. epreei�wrltlnp,tharesA�llbsoppIlsdtothssumsacuredbythis0eedotTrustsuahproportfonofthe proceedsesiaequalto �,r�.a,.•,�;�•_ <br /> thet propoKlon which th�amount of tho wms wcured by thl�Deedof Trust immsdietely prlo►lo the dete of takinp bears to the <br /> � Mir marke�!value of the proper!y Immedletely prlor to the dete of leking,with th�baU�nce of the prxeada pald to Borrower. �"`•�-�.._ <br /> " If the Prop�Ay i�ab�ndo-nsd by Bonowsr,or if,a(br nodc�by Lander to Borrower that tho condemnor oBers ro make an ��� µ <br /> � • award a istd��claim to�dem�pes.8onower hits to rospond to Lend�r within 30 days oRer Ihs dete such nodce Is malled, _ <br /> � Lender I��uthorized to collect and�pply th�procNd�,At L�ndo�'�opUon,aith�r to ratoratian or repelr ol the Property w to <br /> th�sum�sscured by this Dsed of Truq. �� ___- <br /> Unleia Lendsr and Borrower othsrw�eeapres In writinQ,eny such application ot proceedalo principel ehell notextand or _ __ <br /> po•tpone th�dw dats ot the monthly instdlm�nb nferrod to in parepraph�1 and 2 hereof or chenqe the amount of such �--- <br /> . in�allmants. - <br /> � 10. Borrowu No1 RMws«i.Extentfon of thstlme forpeymentor modiRcetion of emoAlzation otthe sums aeeured bythia �- <br /> ° � ° " �y Desd ot Trust yrented by Lender to any succeuor in intereat of BoROwer ehall not operate to retease,fn eny me�ner,the = _ ' <br /> Iiabillty of the odpinal8orrower end BoROwer's�ucceasora i�teresL Lendershall not be requlred to commenceproceedin�a <br /> �'°��•• " a�ainst�uch�ucceaaor or refuse to extsnd dme for psyment or a t herw ise m o d l f y amo r t iza t bn of the aums secured b y this <br /> '. � Dasd of Trust by►es�on ot any demand made by the oNpinelBoROwer and Borrower's aucceasors in iMeres� �_. <br /> ''� ` 11. FaMara�bY L�ndM Not a WahrK.A�y forbearence by Lender in exerci�inp eny ripht or remedy hereunder,or f _-_ _ <br /> , otherwiss alfordsd by applicabls law,sludl�ot bs a waiver of or p►eclude the exercfae of any auch rfght or remedy.The <br /> � ' procurementofinauranceofthepeymentoftexeso�otherllen�orcherpesbyLendershallnotbeawaiverofLender'sri�htto �... <br /> ,� . ecceleraN the msturUy of the indabtednese secured by this Deed of Trust r _ <br /> 1�. R�nwdlw CumuWiv�All romodlea provided fn ihis Oeed of Trust are dlatinct and cumulatfve to any other rlght ur t , f _ ___ <br /> � � remedy under this Deed of Trust or allorded by law or equity,and may be exercised concurrenlly,Independently or . - �'� <br /> succesaively. �"� <br /> 13. Succ�ston andAst�ns Bound;JdM and Sw�ral WbQitp;Cspflons. The covenanta end ap�eements herein �;se.� <br /> contel�ed shell bind,and the�iphts hereunder shall inureto,the respective succeasors and assigns of Lender and Borcower. ,r�. ' <br /> ' • aubject M the proviefone of pera�aph 17 hereot.All covenents and aqreements of Bormwer sheM be joiM and several.The <br /> . ceptionsand headinpa of the paraqrapha of this Oeed of Trustere for convenience only and are not to be used to interpret or •� <br /> deNne the provielons hereof. � <br /> ' U. NoHc�.Ezceptforany noNce required unde►epplicable law to be given in anothermanner,(a any notice to Borrower ��.::�"��' _ _ <br /> providedfor in this Deed otTniat shall be pfven by melNng auch not�e by certified mail addreased to�rrower at the Properry <br /> Addresa or at such other address es Bor►ower mey desipnele by notfce to Lender as provided herein,and(b)eny notice to <br />� •• lender ahall be�iven by certifled mail,retum recefpt requested,to Lender'saddreas atated hereln or to such othe�addreas as � � <br /> • Lender mey deeipnete by notice to Bonower asprovided herein.Any noHceprovidedtor fn thi�Oeed of Trust slwll ba daemed ,�r�;� z;.. <br /> to have 6een�iven to Bonower or Lender when qtvon tn the manner dasipnated hereln. .,��.;����: <br /> - -- 16. UeNorm DMd ol Trus�Gor�nllap Law:SwN�Wllty.The form o1 deed o1 truat oombines uniform corenanta for �� : _ <br /> natfo��al uae and non-unlfonn covenanta wlth Ilmlted varlatbna by jurlsOlctfon to conantute a unifiorm securi instrumwd ,� <br /> coverinp real properry.This Deed of Truat ehell be yoverned by the law oi the jurisdiction In which the Propehy�a loceted.ln '' � <br /> the event that any provlaion or clause of thia Deed ot Truat or the Note conllicta with appllceble law,such confHct shall not r � � . _ <br /> .. aNectotherprovlsionsoHhisDaedotTrustortheNotewhtchcenbegivenelfectwithouttheconfllctln�provfaions,andtothis ••� . . t <br /> end the provlalons of the Deed of Truat end the Note are declared to be severable. � � <br /> '' 16. 8ortow�r'�Copr.Borrower shell be furnished e conlo�med copy of the Note and ot this Deed of Trus!at the time of ,`�,_ ' 'r_ <br /> execution or aRer recordetlon hereof. •• <br /> . 17. Tnmbr of th�PropKty;Assu property or en Intereat thereln is sold or tranaTerred by � ...' + <br /> • Bor►ower wlMout Lender's prlor �c�ld atlon of e lien orencumbrance subordinale tothls Oeed ; __ <br /> � o}Trust,(b)thecreadanolapurc ey�Rl�y o seholdappllances,(c)ahensferbydevisedescentcrby . P <br /> ' operatlon of lew upon the death o pjol asehold intereat olthreeyears or less notcontelning an <br /> � option to purcheae,Lender may,at L� ms secured by this Daedof Trust to be immedlately due � ���', � <br /> � end peyeble.Lender ahell have walved such optfon to accelerate if,prlor to the sale or transfer,Lender and the person to � ;�,,;�;i__ <br /> � ' whom the Property is to be aotd or trenafe�red reach agreeme�t fn wrltlny thet the credlt ol suCh person is eatfsfactory to � -- - <br /> � �� Lenderand thatlhe interest peyable on the sums secured by this Deed of Trust ahall be et such rateas Lender shall request.If j � <br /> lender has walved the opNon to eccelerate provided fn thla paragreph 17, and II Borrower's auccesaor In fnterest has ..�.o-u� <br /> ' executed e wrltten aasumpUon egreement eccepted in writin�by Lender,Lender shall release Borrower from all pbllpatlons . . ,__ <br /> •• .. under thls Deed of Trost and the Note. , <br /> • If Lende�exerclses such optlon to accelerate, Lender shell mafl Borrower notice ot acceleration in accordance with -� __ <br /> ' � pa�ap�aph 14 hereof.Such notice ahall provlde a period ol not lessthan 30 deys 1�om tAe date the notice Is melled wlthfn which � � <br /> Borrower may pey the sums declered due.If Borrower talls to pay such sums prior to the expfration of such perlod,Lender � y' ' <br /> mey,wlthout�urther noUce or demand on Borrower,invoke any remedles permltted by paregraph 1B hereof. •;���:'��:-� __= <br /> NON•UNIFORM COVENANT8.8onowN and L�nd�r luNh�r eov�n�nl and a�rN a�lolbws: • �°� ��=� <br /> . 1!. AoeN�ntlon;R�m�dlts.Except as provlded In paregraph t 7 hereof,upon Borrower's breach of any covenant or � ��,�_ <br /> agreement of Bonower In this Deed otTrua�including the covenants to pay when due any sums secured by this Deed of Trust, : <br /> • Lender prfor to acceleredon ahall mall�otiCe to Borrowe�as provided in paragraph 14 hereof apecNylnq:(1�the b reach;(2►the �ia,�y��`-�'=- <br /> ection requlred to cure such breach;(3)a date,not less than 30 days from the date the notice Is malied ro 8orrower,by whiCh • a�,�•.��-�•� <br /> such breach muat be cured;and(4)that}allure fo cure such breach on or before the date specH�ed In the notice mey reault fn . •• <br /> acceleretlon ot thesums secured by thia Deed of Trustand sele of the Property.The notice shall fu►ther fnform Bo�rower ol the <br /> rlght to reinstete eiter acceleretlon end the rf9ht to brfng a cou�t action to asseN the non•exlstence o1 a detault or any other <br /> detenseof 8orrower to accelereNon and sale.If the breach is not cured on or betore the dete specifled in the notice.Lender at <br /> Lender's optlon mey decla�e all ol the sums secured by thfs Deed of Trust to be Immediately due and peyable withoul turther <br /> demand and may invoke the power of sale and any other remedies permitted by appliceble law.Lender shell be entitled to <br /> � collectell reaaonable coeta and expenses fncurred in pursuinp ihe remedies prowded in the paraqraph 18,inc�udfny,but not <br /> '� limited to,reasonable ettorney's 1ees. <br /> If the power of sele is Invoked,T�ustee shatl record a notice of default fn each county in which the Property or some parl <br /> the�eof Is located and shall mefl copies o}such notice in the menner prescribed by applicablelew to Botrower and to the other <br /> persone prescribed by appllcable lew.Afler the lapse of such time as may be�equ�red by epplicable law.Trustee shall grve • <br /> publlc notice of sale fo lhe persons and In the manner prescribed by applicable law.Trustee,without demend on Borrower, <br /> shall sell tho Prope�iy at public aucNon to ihe highest bfdder atthe time and place and under theterms designated in the notice <br /> ol sele In one or more percels and in such order as Trustee may determine.Trustee may postpone sele ol all or any parcel ol <br /> ' the Property by public announcement at the dme and place of any previoualy scheduled sale.Lender or Lender's designee <br /> may purohase the Property at any sale. <br /> Upon�ecelpt of peyment of the price bid,Trustee shall deflve�tothe purchaser Trustee s deed conveying the Property sold <br /> _ . . T_'������J��J��.�II�.�w�:w.w��..+......c.�e....e..��1.��...�h�Ifl�oe�tilc�nnnfmm�AnlharainfifllifPHCMAIIA1ff1IV <br /> ii�oPoi.iwi5u�u�o���o�vevvw..a..o��..op.......................................... � <br /> the proceeds ot the sele in the tollowing order:(a)to all reasonable costsand expenses olthe sale,includ�ng,but not I�m�ted to. <br /> Truateesfeesofnotmorethen— 96oltheg rossseleprice,reasonableattorney'sleesandcostsoltNleevfdence. <br /> (b)to all sums secured by Mis Deed of Trust and(c)the excess,il any,to the person or perso�s legally ent�lled thereto <br /> 1Y. Borrow�r's Rtpht to RNnsbN.Notwithstandfng Lender's Acce�eratfon ol the sums secured by th�s Oeed o� Trusl. <br /> Borrowershallhavetherfghlfoheveany proceedfngsbegunbyLendertoenforcetheDeedolTrustd�sCOnt�nuedatanyUme <br /> , prlor to the earlier to occur ol(i)the fiRh day belore the sale ol lhe Property pursuant to the power ot sale contamed m the Oeed <br /> ot Trust(ii)ontry of a judyment enforCing this DeeJ ol Trust il:(a)Borrower pays lender all sums which would be then due <br /> under this Deed of Trust,the Note and notes aecuring Future Advances.if any,had no aeceleration occured:lb)8ortower <br /> cu►es all breaches of any other covenants or agreements of Borrower conteined in Ihis Deed of Trust (c)�rrawer pays ail <br /> reasoneble expenres Incurctrd by Lender and Trustee enlorcing the covenants end egreements of Borrower contamed m th�s <br /> Deed o1 Truat and in enlorcing Lendei a and Trustee's remediea as pronded in paragraph 18 hereof,mcluding,but not I�m�ted <br /> � to,reasoneble attorney's lees;and(d)Borrower takes such acti�n ns Lender mey reaso�ablyrequire to nssure Ihat the lien ol <br /> thfa Deed ol Truaf,lendePs fnterest fn the Property and Borrower's obl�gatio�io pay the sums secured by th�s Deed o�Trust <br /> shall continue unfmpafred.Upon suCh peyment and cure by Borrower,this Deed ot Trust ar►d the obligat�ons secured hereby <br /> ahell remain In full force end eHect as N no acceleralion had occutred <br /> � <br /> `1 � , , <br /> i - <br />