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<br /> :•�'. '� ." :�'' �. Cond�nn�don.The proceeda of any award or clalm lor damagee,dlrect or coneequentfal,in connectfon with any �W-^y "�
<br /> ;,.:i',''.,. . ... .,_.,� condemnedonorothortaklnpofthsPrapsrty,apartthereof,orforconveyenceinNeuofcondemn�Non,areherabyassfpned —.
<br /> ` - --'- ,.°;: .:. and shell be paid to Lender.
<br /> ^� In the ovent of a totel teki�p ol the P�opeAy,thep�oceeds ehall be ap ied to the suma secured b thla Deed ol TrusL with -�-��:
<br /> ;�' .. the excese il any,paid to BoROwer.In the event of e paAfal teking ot the Properry,unlesa Borrower and Lender otherwise ���"
<br /> r� apreelnwr�tfnp,the�eehallbeappIledtothe�umsaeauredbythlsDeedofTruetsuchproporUonolthsproceedsesiBequallo
<br /> that roportion whiah 1he amount of the oums�ecured by�hia Deed of Truat immedlately pria to thedete uf taklnp bearo to the �-.�'"�"
<br /> talr market valuo of the proper1y immediatsly prlor to Ihe date ot takine,w(th the balance o1 the proceeds paid to 8orrower. �-'�,N --- _- ------
<br /> � � , � .. ` If the Property It ab��donsd by 8orrower,or if,�fter noUce by Lender to 8orrower that the condemnor offers to meke an
<br /> ; award or�ettls a claim lor demapss,Bo�rower lalls to respond to Lender within 30 dnye aRer the dete such notice ie malled, (' T:F.,.
<br /> � Lender is euthorized to collect and epply th�procoeds,at Lendor's opHon,elthar to ra�toratlon or ropai�ol the Property or to !__'_�� �Y�''`
<br /> ' � the�ums aecured by this Oeed of Trost —�
<br /> , ° � . ^ Unlese Lendersnd Borrower otherwise epree In w�iting,any such eppllcation of proceeds to p►incipel ahall not extend or �__
<br /> postpone tho dw d�te of tha monthly fnafallrtwnb rotorrod to in paroprephs t and 2 hereo�or chonpe the pmount of 3uch �_,..,_.
<br /> ' installmenta �"``_`
<br /> ' • 10. Bor�orKNo/R�M�d.Exl�nsion ol the pme for peyment or modlllcation ol emo►tlzatfon of the suma secured by Ihfs �`'-�==-- -
<br /> ' '� ' . Deed of Trud qnnt�d by L�nd�r to�ny�uca�asor In intere�t al8orrower shall not ope►ate to rdeese,in ony manner,the �=;;:_.,
<br /> � � Ilsblllty ol the oripin�l Bo�rower end Bu►rowor't succeswn Intore��L�ander�hNl not bo requfred to commence proceedings � -y�-
<br /> „, ^ epain�t suoh�uccesaor or r�luM to�xt�nd tlms for paymsnt or otherwlte modly amoAlzation ol the wma eecurad by thla ' dr�"x!'"':,.
<br /> DNd of Tru�t by rwson of�ny d�mmd mad�by the orlpinel Borrowar and Borrower'a succesaoro in Intere�t. � - �-}�-. .._
<br /> 11. Fabpraho�by L�ndw Not�WNwr.Any lorbea►ance by Lender in exercisinp ony riphl or remedy hereunder,or • ,�� :.��-
<br /> ' ;• othsrwla�Ilord�d by�pplloabt�I�w.�fudl not be e welver of or prealude the exerolee ol any euch right or remedy.The ,.
<br /> , , procurem�ntoflmu►�ncsolth�p�ymentofl�xasoroth�rliensorahupetbyL�ndushellnotbo�waiverolLander'sriphtto ����'_—
<br /> • . .. accel�rat�th�mtlu�iry ol th�ind�badnas ucuted by Ihis Dead of True�
<br /> � AU��m�dlea provid�d in Ihfs Deed ol Tru�t are dlelinct end cumuletive to any other ripht or � �, �'
<br /> „ tZ. RMn�dIMCunwlatlw �� -•�"�.��
<br /> remedy und�r thl� DNd ol Trusl or �Hordad by law or equlty, end may bo exercfaed concurrently,independently or _
<br /> wcceasively. '- - -
<br /> • 13. 8uec�tson and A�ns 8ound; Jolnt �nd Sw�ral Wblliyr; C�pQon�.The covenente end agreements herefn �T'`=
<br /> ' conteined shall bMd,and tha rTphfs hereunderehall Inure to,the respective aucceasoro end aasfpne of Le�de►and Borrower, ��f��__
<br /> � • eubJect to the provlsions af parapreph 17 hereof.All covenanta end eyreemente of Borrower aheN be oint and eeveral.The • ••' ---
<br /> captions end headinpa of the perepnphs of thl�Deed ol Truat ere tor convenfence only and are not to�used to interpret or `��
<br /> �� .. • deflne the provlslons herqof. ,.:__
<br /> � 1�1, NoNe�.Exceptfor any noticerequired under applicable law to be given I�enother manner,(a)any notice to Borrower -.�
<br /> pravided lor In th!a Deed of Truat shaA be piven by meflinp such notice by ceNifled mail addressed to 8orrower atthe Property }
<br /> ' � Address or At such other addreas ae Borrower mey desipnate by notice to Lender as provided hereln,end(b)any notice to ! ��sf�,
<br /> " lender sheN bep iven by ce►NNed meil,�eturn recelpt�equeated,to Lender's eddresa steted hereln or to such other addresa as
<br /> Lender may desipnateby noticeto 8orrowsrae provlded hereln.Any notfae provided tor In this Deed of Truat ahell be deemed �.
<br /> to heva bsAn plven to Borrowe�or Lendsr when�Ive�In the menner deelpneted herefn. ;��
<br />- -` ---_- �-"= 9S. UoNorM 0��ei T�uai:Gov�rM�tsrr.SavotaW�lp.Ths lorrrs oi deed o!lrus!combinee unitorm cove�anM Mr �---.:--,
<br /> � nationel use and non-uniform covenants wlth Iimited varfatione by jurisdiction to constitute a uniform aecurlty instrument ' �' ,
<br /> coverinp real property.This Deed ol Truet ahall be qoverned by the lew of the�urisdictlon In which the Property Is loceted.In � . z�
<br /> the event thet any provlsion or clauae of thia Deed of Trust or the Note con111cta wNh eppNceble law,such confllct ahall not .,
<br /> aflectotherprovlelonsofthla0eedolTrustortheNotewhlchcanbeglveneftectwilhouttr�econtlfctinyprovisions,andtothis � ' �•
<br /> end the provielons of the Deed of Trust and the Note are declared to be severable. � +
<br /> 16. Bonow�r'�Copy.Borrowe��hell be furnlahed a conformed copy of the Note and ol this Deed of Trusl et the tlme of � 1
<br /> execution or eRer recordadon hereol. "'� ' � _
<br /> 17. T►amhr ol th�P�op�rtp;AswmpQon.If all or any pert of the property or en intereat therein�s sold or transferred by �°�� "� -
<br /> BorrowerwithoutLender'spriorwririenconaent,excluding(a)1hecreatfonofelienorencumbrancesubordfnetetothiaDeed � �°:- y�
<br /> of Trust,(b)the creation of a puraheae money aecuriy interest for household appliences,(c)a trenafer by devise descent or by ( ....,-•
<br /> operation of lew upon the death of a jolnt tenantor(d)theqrantof any leasehold Interest ot three years or less not conteinlnp an ; . ,;;�.� '�
<br /> t option to purchaae,Lender mey,at Lender's optfon,declare all the sums aecured by this Deed of Truet to be immedietely due , . •�
<br /> � and payable.Lender ahell heve waived such optfon to accelerate fl,prior to the sale or transfer,Lender end the peraon to , , y Y
<br /> wham the PropeKy ie to be eold or treneferred reach apreement fn wrlting that the credit of such peraon fs satistactory to �
<br /> ��, , Lender and thet the intereat peyable on the aums secured by this Deed o(Trust shall be et such rate as Lender ahall request.lf
<br /> � Lender has waived the optlon to eccelerete provided in this paregraph 17,and it Borrower's successor in Interest has ' ��
<br /> � � executed a wrilton 6asumption agreement accepted fn wrhing by Lender.Lender shall release Borrower}rom all obliyotfons ._
<br /> � under thls Deed ol Truat end the Note.
<br /> , . If Lender exeraisea such optlon to eccelerate,Lender shall mafl Borrower notice of accele►atfon in accordance wlth �?'
<br /> parayraph 14 hereof.Such notice shell provlde a perlod of not tess then 30deys from tf�e date the notite Ia mailed wilhin which � -
<br /> I Borrower mey pey the aums declered due.II Bo�rower fails to pey such aums prlor to the expiratlon of such period,Lender � � _ .�
<br /> { muy,without lurther notice or demend on 8orrower,invoke any remedfes permpted by perag►aph 18 hereof. I �'+'�•.`
<br /> , ; ' �:.
<br /> � NON•UNIFORM COVENANTS.Bonow�r md L�ndn IuAh�r cer�n�nt and�y►N as followa:
<br /> 1�. AcaN��aUon;R�m�dl�s.Except as providad In paregreph 17 hereof,upon Borrower's broach of any covenant or � :• '''„t'-:;�:
<br /> agreement of Borrower in thls Oeed of Truat,including the cove�ants ta pay when due eny aums secured by thia Deed ot Trust, ,
<br /> Lender prlor fo acceleretion ehall mall notice to 8orroweras ptovlded in paregreph 14 hereof specllying:(1)the breach;(2)the � • •
<br /> ection required to cure such breoch;(3)a date,not less than 3q dayslrom the date the notice is mel�ed to Borrower,by whlch ; •
<br /> euch breach muef be cured;and(4)that feflure to cure auch breach on or belore the date specfffed in the notice may result In
<br /> � ecceleratlon of thesuma secured by this Deed of Truat and sele ol the Properly.The��otfce shall further inform Borrower of the
<br /> right to relnstete aNer acceleretlon end the riyht to bring a court actlon to assert the non-exfstenco of e delault or any other
<br /> . j delense of Borrower to acceleretlon end aele.II the breach is not cured on or belore the date specfifed fn the notice,Lender at
<br /> 1 Lender's option mey declare all of the aums secured by this Deed of Trust to be immedlately due end payable without luhher
<br /> t demend and may Invoke the power of sele end any other remedles permitfed by applicable law.Lender ahell be entltled to
<br /> � Collect all reasonablecoataend expenses inaurred In pursuln�the remedies provlded In the paraqraph 18,includiny,but not
<br /> I Ilmited to,reasonable attorney's fees.
<br /> Il the power of Bale Is invoked,Trustee shell record a notice of delaulf in each counry m which fhe Property or some part
<br /> thereot Is Iocetedand shall mafl coples o1 such notfce in the menner prescribed by epplfcable lew to Borrower and to the olher
<br /> peraons preacribed by applicable law.After the lopse of such timR as ma�be requ►red by applicable law,7rustee shall give
<br /> public notice of sele to the persons and in the manner prescrlbed by app iceble law.Trustee,without demand on Borrower.
<br /> shell eell the Property et publlc auctfon to the hlghest bfddar at the time and plece and under the terms deaignated in the notice
<br /> of sele in one or more percels and in such o►der as Truatee may determine.Trustee may postpone sale of all or any parcel 01
<br /> • ' the Property by public announcement at the tlme and place ot any previously scheduled sele.Lender or Lender's designee
<br /> may purchese the Propetty at any sale.
<br /> unon recalot ol oavmentof the or�ce bld.Trustee ahell dellver to the purchaser Trustee's deed conveyiny the Property sold
<br /> � The reclfals In thertruetee's deed ahall bc;•Ime fecle evidence of the iruth ot the statements made tnere�n.1 rustee snell apply
<br /> the proceeds of the sale in the followiny order:(a)to all reasonable costs and expensea of the sale,fncluding,but not Ilmfted to,
<br /> Trustee's tees o1 not more Ihen.---_%ol the gross sele price,reasonable atlorney's lees and costs of t�tle evidence;
<br /> (b)to a11 sumb secured by ihis Deed ot Trust;end(c)IF�e axceas,ff any,to the person or persons legally entitled thereto.
<br /> 19. 8onow�r'�Rlqht to ii�InsqM.Notwlthstanding Lender's acceleratlon of the sums secured by thfs Deed of Trust,
<br /> Borrower shall have the rlght to heveanyproceedings begun by Lender to enlorce the Oeed of Trust dis�ontinued at any time
<br /> � prior to the earUotto occur o1(1)the fiNh day bolore the sale of the Property pursuant to tho power ol sele contained In the Deed
<br /> of Trust�li)entry of a►udgment enforcing fhfs�eod ol Tn�st il:(a►Borrower pays Lender ell sums whlch would be then due
<br /> under th s Oeed ot Truaf,lhe Note end notes securing Future Advances,fl eny,hed no acceleration occured:lb)Borrower
<br /> cures all breaches of any other covenants or agreements ol Borrower contafned In thls Deed of Trust.(c)Bonower pays eli
<br /> reasonable expenaealncurred by Lender andTrustee enforcing the covenantsand agreements ol Borrower contained in this
<br /> ' Deed of Trustandfn enforcing Lender's und Trustee's remedlesas provided In paragraph 18 hereof.Includmg,but not limited
<br /> to,reasonable ariorney's tees:and(d)Borrower takes auch actfon as lender may reasanably require to nssure Iha1 the Ilen o1
<br /> thf8 Deed ol Trust lender's Interest In the Property and Borrower's obllgatl�n to pay tho sums seCUred by thfs Deed of Trust
<br /> ahall conflnue unlmpelred.Upon such payment and cure by BQrmwer,this Doed ol Trusl and the obligat�ons secured hereby
<br /> � ' shall remeln In full torce ond eHect as if nn acceleratlon had o�cur�atl.
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