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<br /> �' � "" ' • �, Cpnd�nnallon.Th�praceed�vl any�we►d or clalm for damapes,dfrect or consequentlal,fn connection with any —°--
<br /> a�^ �� condemn�tion or olh�r taklnp of tho Prop�rty,orpaAth�rwf,or for conv�yonco in dou of condomnotlon,aro heraby esupned
<br /> �.R• and sh�ll bs paid to L.�nd�r. -
<br /> � � ` In the evrnt of�Wts)hkinp ol th�Prop�rty,the procseds�hall bs applled to the fume ssoured by this Deed ot Truet,with ,�:,.��•�
<br /> � ths excws If�ny,pald to 8onowar.In the event of�parNal taklnp ot�the Property.unleas Borrower and 4ender otherwise =,_
<br /> ' eprae In wr�dnp,therashsM beappIied to lhe sum�eecured by Ihie Oeedof Truet such propoAfon of the proceeds ae ia equal to C_�:: _
<br /> � � °S , th�tpropartlon whloh ths�mcuntalthe sum��ecured bythls Deedot Trustimmediately prfor tothe deteof takinp bean to the
<br /> Isi►medcst v�lus of th�prop�Afr imm�dlaUiy prlor to the d�t�of fakinp,wlth ths belence ot the proceada pald to 8orrower.
<br /> .,,; . �� II the Properly is abendoned by Borrower,or If,ett�r notice by Lender to Borrower thet the condemnor oBera to meke an c __
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<br /> aw�rd or tadts a clNm fademapes,8orruwer Iolls to nipond to Lender wlthln 30 days after the date euch notice Is mot
<br /> �• G Lende►le authorized to collsct and apply ths prxMds,�t L�ndor'�optlon,olth�r to rwtoratlo�or�apefr ot the Property or to
<br /> , th�sum�secured by this Qeed of TrusL
<br /> Unleu L�ndar end Borrower otMrwiseapree in writlnp,any such appllcetlon of proceeda to princlpal shell not extend or � _
<br /> po�tpons tM du�dats of the monthly Inst�llmmts relerad to In perapraphs t and 2 hereof or chanqe the omou�t ot such
<br /> � In�llmente. �--°°
<br /> � 10. 9ortow�tNMRNws�d.ExtenefonolthetimeforpaymentormodiflcetlonofemoAlzatlonofthesumsaecuredbythfa �,,�.:...-
<br /> - ' Deed ol T�uat p�ented by Lender to any wccetsor IA intereat ol Borrower ahaN not operate to release,in any menner,the ,._ __�___
<br /> • Iiebllityofth�orlpinal8orrowera�dBorrower'aauccessorsUteres�Lenderohallnotberequfredtocommenceproceedings � _ �; �.-
<br /> ,,� ��: ayvinst euch tucceaaor or re f uss to ex tsn d d ms f or p ay m e n t o r o M e r w i e e m o d l y a m o r t lzeHon of the auma secured by thie
<br /> ., ' Deed ol T►uet by resan of eny demond mede by the orlpinel Borrower and Borrower's successors in interest.
<br /> - " 11, porb��►anc�by L�ndK Nol�Walwr.Any brbearance by Lender in exerclafnp any rlpht or remedy hereunder,ar
<br /> otherwlee eftorded by appltceble law,ahell not be e welver of or preclude the exerclae of any such rlght or remedy.The �,;;.-„�-._
<br /> procurementof inewanceof the pnyment of taxe�ar other(lens or cherqeaby Lendershell not be e wefver of Lender'a rlght to �':-":�-°�
<br /> ecceterete the matu�lty ot the Indsbtednses sscured by thle Deed of True� � __ �_
<br /> � 1Z, ponwdlM CumuWlw All remodlesp�ovided in Ihis Qeed of Trust are dlstinct and cumulative to eny other rlght or y_'��_�
<br /> , rem e dy under thls Deed of Trust or aHordad by law or equlty, end may be exercised concunently, independenNy or •,;_-�•�-.- ____y. .,
<br /> successlvely. � '.�
<br /> • � 13. Sucwaon�nd�ns Bound;Jolnt and SwK�I Wblllyr, Captlon�. The covenants and agreements herein ;,,ry
<br /> cantefned ahell bind,endthe r ghta hereunder ahell Inureto,the reepective successors and asslpns ol Lender and Borrower, ,p���
<br /> subject to the provleions of paragraph 17 hereof.All covenanta end egreementg of 8orrower shell be oint and several.The �'"�"��-
<br /> • �:� captiona end heedlnps otthe parayrephsof thls Deed of Truat are for convenlence only and are not to�e used to interpret or �;. ��y�
<br /> ° detlne Ihe provlslona hereof. ' �' =- _
<br /> ' 11. Notic�.Except forany nodce requlrod under eppllceble law to be given In another manner,(a)any notice to Borrower
<br />.: �� . provlded for In thls Deed ol Trpst ahell be glven by meiling auch notice by ceNHfed mell eddressed to�orrowor at the Property �.i_�
<br /> Address or at auch other eddresa ae Botrower may dealgnate by notice to Lender ea provided herein,end(b)any notice to f r 4.;
<br /> lender ehell bepIven by cert{Ned mell,return receipt requeated,to Lende►'s address steted hereln or to such other address as � , .�
<br /> ' • LendermaydssipnatebynodcetoBoROwaraeprovldedhereln.AnynoticeprovldedlorinthlsDeedotTrustahellbedeemed �
<br /> -- '� to heve been qlven to Barower or Lender when qlven In the menner deelgnated hereln. .�
<br /> 16. UnNo�m DNd o1 Tru�h,Gor�minp L�w;S�v�nWW�t.The form of deed of trust combines uniform covenants for � •�,�
<br /> netlpnel��ise and no�-unlform covenents wlth Ilmlted varlatlons by Juriadictfan to consdtute a uniform securlry InatrumeM � ��,�
<br /> coveriny real propeAy.Thle Deed of Truat ehell be yovemed by the lew ot the juriadiction in which ii,tl Pru�;arty is ir,caied.In --- "-.:��
<br /> • the event that eny provfelon or clauae of thls Deed of Truet or the Note confllcta with appllcable lew,such conflfct shell not �:a t,�
<br /> aHectotherp�ovlelonsofthisDeedofTruetortheNotewhlchcenbeglveneHectwithoutth�econf8ctlnyprovisiona,andtothis l ' r
<br /> end the p�p�lelone ot the Deed of Truat and the Note are declered to be severable. : �
<br /> ' ex� ar � �� �l�ef�ell be turnished e conformed copy of the Noto and ot thVS Deed of Trust at the tlme ot �,,, ,
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<br /> �, � n�ptlon.ll all or any part of the property or an interest thereln is sold or trensferred by f �:; '�
<br /> "' , pn consent,excluding(a)thecreadon o1 e Ilen a encumbrance subordlnete to thls Deed , `� ._ � �
<br /> otTrust(b)the creaGon ota purchaee money securlty fnterest for houaehold eppliances,(c)a tranefer by devlse descent or by ; ;,
<br /> operetlonoflewuponthedeathofa�ointtenentor(d�theyrantotanyleaseholdinterestofthreeyearsorlessnotcontelnfngen � � �
<br /> � option to purchase,Lender may,at Lender's optfon,declare all the sums secured by 1hls Deed ol Trust to be immediately due ,
<br /> end payable.Lender shell have walved such optfon to eccelerate if,prior to the sale o►tranafer,Lender and the person to � ' ±�• '•
<br /> • whom the Property la to be eold or henelerred reach eQreement In writing thef the credit of auch pa►son is satlafactory to
<br /> ; . Lender end that the fnterest payable on the suma secured by thia Deed of Trust shall be at such rate as Lender shall reques�If ; -
<br /> Lender hae waived the optlon to eccelerate provfded In thls paregraph 17,and if Borrower's successor in interest hes
<br /> , � ' executed a wrllten aaaumption egreement acce�ted in wrNing by Lender,Lender shall release Bwrower lrom all oblipations � ..
<br /> 1 under thls Deed of Trust end the Note.
<br /> • � If Lender exercleea such option to accelerate,Lender shell mafl Borrower notice of ecceleratlon in accord&nce with �
<br /> peragraph 14 hereof.Such notice shell provfde a perlod ol not less than 30 deys from the dete the�otice is malled wlthin which
<br /> I Borrower mey pay the sums declered due.lt Borrower lafls to pay such aums prior to the explratfon of such perfod,Lender � ���•:-���•�.�
<br /> mey,wlthout further nodce or demand on Bonower,invoke eny remedfes permitted by paragreph 18 hereol. :�;d.�`r°_=�
<br /> + NON•UNIFORM CaVENANTS.Bonow�r�nsl L�nd�r turth�r cov�n�nl and�pn�as lolbws: ' J
<br /> � 18. Accd�raUon;R�m�dlN.Except es provided in paragreph 17 hereof,upon Borrower's breach of any covenant or „�,:
<br /> apreementof Borrower in thls Deed of Trus�fncluding the covenenta to pay when due any sums secured by thfs Deed of Trusf, ,�"�':;N°
<br /> � lender prior to acCeleratlon shall mell notfce to Borrower as provided m paragraph 14 hereof specl�inp:(1)the breach:(2)the ' ��� �•
<br /> ' � actlon requlred to cure auch breach;(3)a date,not lese than 30 days from the dete the notfce fa mai ed to Borrower,by whfch �� - •-�
<br /> such breach must be cured;end(4)that lallure lo cure auch breach on or before the date speclffed fn the notice may result in
<br /> acceleretlon of the sums 8ecured by thfs Deed of Trust and sele of the Property.The notice shall lurther fntorm Borrower of the
<br /> rlght to reinstate efter acceleratlon and the rf9ht to brfng a court ection to assert the non•exlstence ol a delault or any other
<br /> delanae o1 Borrowerto ecceleration and sele.11the breach Is not cured on or before the date specflfed In the notice,Lender at
<br /> Lender's oDtlon may declere all of the aums secured by thls Deed of Trust to be Immedfately due and payable without furlher
<br /> � demand and may fnvoke the power of sale and any other remedles permitled by opplicabte lew.Lender shell be entltled to
<br /> collecf all reasonabte Coets end expenses incurred In pursufng the remediea provided fn the paraqraph 18.Includlnq,but not
<br /> � Ilmited to,reasoneble altorney's fees.
<br /> It the power ot sele is Invoked,Trustee shell record a notfce ol delault fn each county in which the P�operty or some part
<br /> thereol Is loCated end shell mafl copies ot such notice�n the manner prescribed by applicable law to Borrower and to the ofher
<br /> persons prescrfbed by appllcable law.Aker the lapse ol such tlme as mey be required by applicable law.Trustee shall g�ve •
<br /> public notice of sale to the persons end fn the manner prescrfbed by appl�cable law.T�ustee,without demand on Borrower,
<br /> ahell aell the Property at public euctfon tothe hfgheat bidder at the tfine and place and under the terms dea�gnated in the notice
<br /> . ol sale In one or more parcels and In such order as Truatee may determine.Trustee may postpone sale ot all or any parcel ol
<br /> ' the Property by public announcement at the tlme end place of eny pre��ously scheduled sale.Lender or Lender's deaignee
<br /> may purchese the Prope►'ly at any sale.
<br /> Upon recefpt ot paymentof the prlce bid,Trustee shall dellver lo the purchaser Trustee's deed conveying the Prope�ty sold.
<br /> The�eCltals fn the Trustee's deed ahell be prime facle evldence of the Iruth of the statements made thereln.Trustee shell apply
<br /> " _'''_'.�_'_._�_.i_�_u�...i��....��..i..f�....11.ese..notilnrna/ennrloYnanQliAfIHhRRAIR fnclud�na.butnotlimltedto.
<br /> • tneprcwvwav�u�oaa�o���..�o�..��.......y.,�..o�.�..,........w........�'�__"___ _" '. .
<br /> Trustee's fees of not more than 96 ot Ihe gross sale price,reasonable ettorney's fees And costs ot title evidence.
<br /> (b)to all sums secured by thla Deed of Trust and(c)the excess,if any,to the person or persons legelly entltled thereto.
<br /> 1�. Borrow�r's Rlqhl to R�Imlat�.Notwithstending Lender's acceleratfon of the sums secured by this Deed of Trust.
<br /> Borrower ahell havethe right to have anyprxeedings begun by Lender to enlorce the Deed ol Trust discontinued at any bme
<br /> , prlor to theearlferto occur of(I)the 11Hh day before the sale ot the Property pursuant to the power ol sale contafned fn the Deed
<br /> of Trust(If►entry of e�udpment enforci�g thls Deed ol Trust 11:(a)Borrower pays lender all sums which would be then due
<br /> , under thfs Deed of Trust,the Note and notes securing Future Advances.il any,had no acceleratfon occured:(b)Borrower
<br /> � cures all breaches of any olher covenants or agreements of Borrower contained fn this Oeed of Trust:(c)Borrower pays ell
<br /> reasonable expenses incurred by lender and Trustee enforcing the covenants and egreements ot Borrower contained f n th�s
<br /> Deed uf Trust and In enlorcfng Lender's end 7rustee's remedfes ea provided in paragraph 19 hereol,mcludmg,but not I�mited
<br /> to,reaeonable aftorney's feea;and(d)Borrower takes such actlon as Londer may reasonably requf re to assure that the lien ol
<br /> thfs Deed of Trus�Lender's Intereat in the Prope►iy and Borrower's obllgation to pay Ihe sums secured by this Deed oT Trust
<br /> shall continue unlmpafred.Upon suCh payment and cure by Borrower,th�s Deed of 7rust and the obligations secured hereby
<br /> � shell remaln In lull force end ettect as if no ecceleratfon had occurred.
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