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<br /> -_ ."."-� 9,Condannativa.'i'he proceods of any awud oc a;lalu�ior ds�i�u►gea�,dlcect or co;►sequei�ti�l, 1i conaection with =
<br /> � Any condemnuion or other taking of the Property,or put thereof,or for convoyance in lieu of condemnatioa, are
<br /> '' henby�ssignod and ah�ll be psdd ta Lender, subJcct to tho terms of any mortg�ge, dad of tmst or othtr sxurity _
<br /> •�� " Agrament with a llm which has pdority over thls Doed of Trust,
<br /> - - 10. Borrowa Nat Relcased; Forbearance By Lenda� Not a Waiva�. Extension af the time far paymrnt or
<br /> ,;:',: �. • modifcuion of amortization of the sums securod by this Dxd of Trust gru�ted by Lender to any suceeseor in int�e.st
<br /> __ , of Borrowcr shall not operate to release, in eny mumer, the liabllity of tho orlginal Borrower And Banower's
<br /> •,� �.,., successoro in intecest. Lender shaU not be requirod to corrunrnce proceedings against such successor or refuse to
<br /> "��`�' eatend time for p�ymeat ar otherwise modify unonization of the sums�ecured by this Deed of'I'rust by reason of
<br />��°'`-���� �ny demand made by the origirul Borrowar and Borrower's successora in intarest. Any forbeuance by Lender !n
<br />_.�,'�:,:;,�
<br /> �;y.�,,�F ex��cising any right or remedy hen�under, or othenvisc efforded by applic�bltl law, sh�ll not be e waiver of or
<br />_:.�i,��„ pceclude the exercise of eny such dght or ranedy.
<br />_����t 11.Succaason and Ard�ne Bound;JoWt and Severwl LIAbUity;Co-si�ners. Thc covenuita au� agreemente
<br /> '�%>���-� hcrein contained shall bind,wd the righte henunder shall iaure to,the res�ctive successors and assigns uf Lcndcr
<br /> ";;'S'''� ' aad Borrower, subject to the provlsions of paragraph 16 hereof. All covenuus and agramenis of Borrower shall be
<br /> � _���
<br /> ,-�:'y�� Jolnt aad several.Any Borrower who co-aigna thie Desd of Tcust,but does not execute the Note, (a)la co-algniag
<br />;,�,, this Dced of'IYust only to grant nnd convey that Borrower's inter�st in the Prop�rty to Trustx under the terma of this
<br /> Dxd of Tnist, (b)is not personally liable on the Note or utzder this Deed of Ttust, and(c) agroea that Lender �nd
<br />:��� any otUer Borrowen c�rcunder may agn:e to extead,m�dify. forbear,or meke aay other eccommodations with regard
<br />--.�;�,�: to the tecrns of tbi�Dad of Trust or the Note,witlwut thu Borrower's conseat aad without releasing that Borcower
<br /> r_�� or mod�tying tnis lleed ot icust as to inat norrower'e inienai in ii�c r��pc�iy.
<br />_,:�� 12.Notice. Except for any notia requind under appticable law to be givea in another manner,(a)nny nocice to
<br /> __-- Borrower provided for ia this Dad of Trust aohell be given by delivedng it oe by mailing auch aotice by certified m�il
<br /> --.r==� e �ldres.� io Po*rewer ei the p!Y!gerty Ad1ms �r nt slch o!hes tddtess � �3orrowtr a1Ay d!�i��t�hy nodce to
<br /> ---�� I.ender es pmvided henin. uid(b) any notice to I.ender shall be glven by certified mail to I.rnder's addresa etated
<br /> �"`���'�.' hecein or to such other address as Lender may daignuc by notice to Borrower a9 provided herein. Any notice
<br />�-_�=������'��`' pmvided for in this Deed of Tn�st shall be deemed to h�ve beta gtven to Bonower or L,rnder whan given In the
<br /> ---= rrwnner desiQnated henin.
<br /> ' 13,Governin�Law;Severability. 'Ihe state enA local lawe applicat►Ia ta ihis Deed of Trust s1W1 be tlio I�wa of
<br />-_---_= the judadiction in which tho Pmperty is located. 'iho foregoing sentence shnll not limit the Applicabllity of foderal
<br /> -��� � law to this Deed of'IYust. In the event th�t atty provision or cleuse of this Deed of Trust or the Notc canflicte wtth
<br />�..."'.."..^%aanP�
<br />�-���� ; applicable law, such conflict shell not affxt other provisions of thEe Dad of Ttust or the Note which can be givea
<br /> : �� � effect without the conflicting provision, and w this end the provisions of ttus Deed of T:ust and thc Note are declarod
<br /> -_— to be sevcnble. As uaal herein, "coste," "expenses" u�d "attomeys' foe.v" include �Il swro w the cxteat not
<br /> - ' ' pmhibited by applicabl�law or limited hereln.
<br /> f 1�,Horrowa's Copy.Borrower sh�ll be furniahed a canformod copy of Wc Note snd of this Dad of Ttust u
<br /> the time of executbn or after rocordation heroof.
<br /> �� 15. Rehab111tat1on Loan A�preanent. Borrower shall tulfill all of Bomower's obligadons under any home
<br /> - + rehabiUtation, improvement, repair, or other loan agreement whtch Borrower entecs intn with La�dec. Lender. u
<br /> Leadar's optioa, may require Boaower ro execute and deliver to Lendcr, in a form accejxable to Leader, m
<br /> ' assignment of any dghts,cl�ims or def�-nses which Borrower may have against partt�s who supply labor,mateciYls or
<br /> sarvica ia wnnection with im�mvementa made to the Property.
<br /> -°` - 16. Transfa ot the Propaty or Q BeneRcial Iaterest in Borrower. If all or any part of tbe Property or any
<br /> - ---- intarest in it ia sold or tran�fernd(or If a beneficl�l inserest in Borrower is sold or tnu�sferred�nd Borrower la not a
<br /> ---- _ nAturai persou)without Leader's prior wdtten conunt, Lender may,at its option, requin immo�iate payttxat in full
<br /> -----_= of all atuns eecund by this Dad of Trust. However. thls option shall not be eaercleed by I.ender if eaercise is
<br /> . prohibited by foderal lnw as of the date of this Deed of Tn�st.
<br />_- -- .-==- • If Lender execcises this option,Lender shall give Bormwer notice of acceler�tion. The aotice shall pmvide a
<br /> -°�°°�-_� period of not less than 30 days ftom the due the notico la deliv�nd or wailed withtn which Bormwer must pay all
<br /> ��_���" � sums sxund by this Dad of Tcust. If Borrower falls to pay these sum9 prior to the expiration of this period,Leader
<br /> ����� may invoke eny remedies pemiitted by this Deod of Trust wittiout further notia or danand on Borrower.
<br /> - �t3�7
<br />-y�����a , NON-UNIPORM COVENANTS. Borrewer aad Lender further covenant and agroe as follows:
<br />:R;;w;� 17. Aceder�tion;Remeclles. Exeept as provlded In para�ph 16 hereof, upon Borrower's bresel�of any
<br /> �;.n;i�� ' coveawt or agreanent of Boraower ln tWs Deetl of Tn�st, including Borrower's[nilure to p�y,by the e.ud o!10
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