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<br /> � 11. Suce�ssors end Assl�ns Bound;Joint and Severnl Llabliity;Co-slgners. The covenants and� reements herein conusined
<br /> � nhull hincl,un�! the rightti hereunder shall inure to,the respective successors and acsigns of I.ender and Borrower, subject ta th� �., ,'
<br /> pnwihionr�nF pnraE;r��pli 16hereof. All covenants and ugrecments of Borrower shali be joint and several.Any Barruwer whu co-
<br /> l FI�j1191I11N pceQ uf 7'ruxt, but doeA nut execute the Note, (a) iw co•signing this Deed of Trust only to grxnt and convey �I�aa r: .
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<br /> � -- - i Ilorrnwcr'x inturcyt in Uic:Praperty to Trustre undcr the terms of this Deed of Trus[, (b) is not personally liable on the Nutt or ,y,;, _
<br /> ' �' �uidur tl�iH �ccd oY Tru::t,nnd (c) agrees that Lender s+nd any other Borrower hereunder ma y a geee to extend,mc�dity,furbexr, ,;-'•
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<br /> • or nu�ke nny uUicr uccu►mm�d.+tion.y with regard ro th�terms of Uiie Deed of Trust or thc I�TOte, wiehout �har Anrrower's consent — _--- J;'-- - -:
<br /> mul v�iUiutn rnlc;iHing�h:u aorrower or modifying thia Deed c�f Trust as to that Borrower's interest in the Properry, � 7i` ;
<br /> 7 �. 11. Pvotic:. �xcept fnr�.ny notice required under xpplicable law to be given in another manner, (a) any notice to Horrower i±.
<br /> _ 1 , pruvide:i ti�r i u ihlN �eed af Trust shatl be given by delivering it or by mailing such notice by cerafied mail addressed co Borrower �:
<br /> . ..}_._• - i �a �hu{'rupcny AQdrexs ur nt nuch other address as Honower may designate by nodce to Lender a9 provided harein,xnd(b) xny
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<br /> 1 nuticc tu I.cndcr xliall he g'tven by cercified mail to Lender's address stated herein or to s�±�h other address as n er mHy _.___�..:, _
<br /> �----i� deNign:rtu hy nuilcu to purrower rs provided herein. Any nodce provided for in this Deed of Trust shall be deemed [o navo neen ���•'°�`
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<br /> � givcn w pnn•u�vur ur Lundcr when given in the m�nner designa[ed herein. ,, .:�:�.•
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<br /> ' 11, (;overning I.awi Severubllity� The state And local lawe applicable to this Deed of Trust shall be the laws of[he . :,,.,,';,.,Y�����M
<br /> , � jurisdictiun in wl►ich�h� PruPe;rtY ie locxted.The foregoing sentence shall not limit the applicubility of federal law to thi:; Deed �..,,1.,;i;,—__--
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<br /> oY Trust. In�ha event th.�►nny pruvisian or clause of this Ueed of Trust or the Nate conflicts w'th applicxble law,such conflict �, .�.,;.,�W._.�.-
<br /> � nU.ill nnt .i(ICCt ntiter pruvislons uY ihis Deed of Trust or the Note which can be given effect wichout the conflic[ing provision, • �,y�}';°�.�— _
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<br /> i r and to thie end iha pravi:�lun� ut thia DeeJ af Trnst and the No[e aze decl�red to be severable.As used herein, "costs,""expenses . 3� ,�
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<br /> and 'nttorneye+'fcey"includo :ill xumy ta the axtent not prohibited by applicable law or limited herein.
<br /> ) � 14. Borrowtr'sCopy�Bs�truwer �iu►II be tUtnished a conformed copy of the Note and of this Aeed af Trust at the time of ��•'•�`"-r�
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<br /> �; . ; execudon ur a8er recor4udon h�r�of. �� �'•:=� _
<br /> � IS. Rehn61![tRtlon l,at�n Agreement. Burrower shall fulfill all of Borrower's obligations under any hamr. reliuUilitation, r, ,_c•.,�
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<br /> improvement. rep�is,or u�her lo,�n ngrecment which Borrower enters into with Lender.L.ender,at Lender's optiui�, �.,ay requ..��
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<br /> Borrower io execute ar.�l deliver tu I.enJer,in a form acceptable to l.ender,an assignment of any rights,cluims or defenses which _ , , _
<br /> _ '. � � i Borrower may have i�gainsi p.+rQey whU xuppiy labar,materials or scrvicesin connecUon with improvements made to the Properry. _�,,'�_,---
<br /> � 16. 7Ynaster of the Property ar a Benetleial Interest in Borro�ver. If a11 or any parc of rhe Property or any interesc in ic is ';�,�,�t�v
<br /> : � snld or tr�nvg'ertcd (or iYa twnoficiul interest in Borrower is sold or uanaferred and Bonower is not a natural person) without ��•�� �--
<br /> .?•� Lender'9 prlur written coiaent, l.e:ndcr mc�y,ut its option, require immedix[e payment in ftiil of all sums secured by[his Deed of '����_'
<br /> � Trust. I-Towever,thie opcion shnll nat ba axcroieed by Lender if exercise is prohibited by federal law as of the date of this Deed ---— —'`-
<br /> ? of Trust.
<br /> _z +� If Lender exerci�es thie opdun, L.endar Fhtill give Harrower norice of acceleration.The notice shall provide a period of not __.
<br /> .' `" � lesa tbF►n 30 di{ys from the daite tho naticc le deAvered or maile.d within which Honower must pay all sums secured by this Deed
<br /> r � • : rh n.,ar T Ptt(IPT may invoke any remedias permitted
<br /> -f of Ttust. ir�torrawer faiieco pxy tiu:co nu,iie �„��i ic thY NXjS.,�.aa: of..:..r_.is+�, —
<br /> � by tl�fe Deed of Trust without tluther notica or demc+nd on Borrower. _
<br /> � NON•UNIFORM CQV BNANTS. Bcmower und l.ender further wvenant und agree as follows:
<br /> 19. Accelerationi Ramedles. ExcPpt as provlded!n parap�aph 16 hereof,upon Borrower's breach of any covenant or _
<br /> �� a�preement c►f Borrower In thb Deed ot Trust,(ncludhi�Borrowers[ailure to gay,by the end of 10 calendar days after they are .,_
<br /> due,eny sums secured by thb Ueed ot Trust, I.ender prlor to acceleration shall gfve noUce to Borrower as provided in �F.
<br /> paraQraph 12 hereot spalfyin�:U)the breACh�(2) the actlon requ[red i;...:.:��uch breac6;(3) a date,not less tban 20 days
<br /> [rom the da+Se the notice b rnAlled to Borrower,by�vhich such breach m�sst be cured;and(4) that[ailure to cure such breach _ __
<br /> on or betore the date specl[ied In the nodce mny resuit In acceleraUon oP ide sums secured by thi9 Deed of Trust and sale of
<br /> • the PropeKy.The notice shail further Inform Borrowerot the rtgt►t to retnsWte after acceleradon and the rtght to bring a court
<br /> ` ,° acdon to Rssert the none�clstence ot a defwult or any other defense ot Borrowerto acceleration and sale.If the breach is not ��=—
<br /> �' � cured on or betore the date speciYled ln the notke,Lenaer,at Lender's opdon,may declare all oithe siw�sesured by thts Deed
<br /> ` `` '' ~'"� of Trust to be immediately due and pA�xR►le without turther demand and may invoke t6e power of snle and any other remedies � _
<br /> � ± •'• perm(tted by appNcable law,Lender shall be e�etitled to collect nll reasonable costs and expeiues iacurred in pursui�ig the -
<br /> :�' rernedies provtdedin trb para�raph 17�Includin�,but not timtted to,res�sonable attorneys'tees. �_._.
<br /> tt the(wwer otsale b invoked,'frustee shAll record A notice of detaalt In each county ln whic6 the Property or some part
<br />- thereof L�located and sl�ll mAli coptes ot such notice In t;�e maaner prescr[bed br appHcnble law to Borrowerand to tUe other _ __
<br /> � persons prascribed by appltcable IAw. ARer the lapse ol'such ttme a9 may be required by appltcable law,Trustee shall �ive ------ ---
<br />�_, :�' . publk notke ot sale to!de persoro and!n the mAnner prescribed by applicnble law. Trustee,without demand on Borrower,
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<br /> -�. ` ��� srhaU seU the Property atpublle aucdon to the hlQhest bldder ut the time aad pls�ce and ander the terms desiguated[n the notice
<br /> � ��. oi eale in one or more parceb and In such order as Trustee may determine. 'lYiutee naay poscpone sale ot all or any parcel
<br /> � ` of the Property Gy publk an�ouncement at tho thne and�►lace ot any prevtously schecluled sale. Lender or Lender's destgnee -�___�
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