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<br /> • �� - 10. Barn�wer Not Eteteas�d.�o�earartee�y Lend�r Not aWatver.Extensi�n of the time far paymerrt or mcd�ic��on �� ':�
<br /> ' � of arttOrBzBtion of the sums seCUred by this Deed of Trust granted by Lender to any suocessar in interest of Borrower shall � W�
<br /> � ; not oparate to retease.ln eny manner.the tiabilityr of the ortginal Borcower and Bortower's suxessars in interest.Lender shail . ,:��=��
<br /> � nat tie�qwred to oommence prooe�dings against such suacessor or reiuse to extend�me for payment or othscwise modiiy . �` •�
<br /> � ,: �; , ,.
<br /> . � �� ' amorti�tIon of the sums secured by this Oeed of Trust by reason at arry demand made by the originaf Borrower and � �
<br /> � '� BortawePs sucoessors in tnteres�t.Arry torbearance try Leo�der in exercising any dgfit ar remedy hereunder.ar othetwise 00 `��
<br /> . afforded Oy apptic�a6le taw.shall not be a waiver of or predude tha exercise of any such rlgM or remedy. �
<br /> � . �.��:� 11.Su�sso�s end Asstgns Bovtt�Jois►t and Severaf LtabQity�;Co-stgnere.The covenarrts and agreements herein `-
<br /> -: -- ccr�ined shail hind and the�iglTts hereunder shatt tnure to.the respec6Tve suooessOrs and assigns o4 Lertder and Borrower. � `'��,:,;.
<br /> subjet�to t�a provislons of paragraph t6 hereof.All cavenants and agreements of 8orrower shail be joirn and several.Arry � �
<br /> ',--�� Bom�rer�co-signs thts Deed of Tnut,�t daes nflt execute xhe Note,(a)is oo-signtng this D�ed of Trust onry to grant and _ '
<br /> � - comiey that Borrowe�s interes��n the Properiy to Trugtee under the terms af this Deed af Trust,(b)is not petsona(ty Gabte on �
<br /> ru.
<br /> ' _ � the Note or undsr this Deed af Trust,and(c)agrees that Lender and any ather Borcawer hereunder may agree to�actend mod►fy.
<br /> �,.°.:.�:�` focbear,or matce any other acoommodatioris with regard to tha terms oi this Deed of Tn�st ar the Note,withoat that Borrowefs
<br /> _ . ',; oonserd and without reteasing that Bomovwer ar madi�jntg this Deed of Trust as to thai Bcnawets ir�terest in the PtopeR�l. _
<br /> • � ' 12 NotIce. Excepi br any notice required under appficabte!aw to be given in another manner, (a)arry notice to -
<br /> ' Borrower provlded for in tf�is Deed of Trust shatl he given by delivering it or by mailing sach notica by certifed maii �„�_;�:_
<br /> �,�. � . u
<br /> �, attdressed to Borrower at the Property Address or at sucf►othe►address as Borrower may designate by notice to Lender
<br /> :;.'�, ..: as provided herein,and(b)arry►notice to Lender shatl be given by cerafied ma�'I to Lender's address stated herein or to 4,.,
<br /> .• such athe�address as Lender may desi�nate by notice to Borrovuer as provtded herein.My nottoe pravided far�this Deed �.=,4:
<br /> � of Trust s1�all be deemed to have been given to Borrawer or Lender when given in the manner desigre�°rl t'}arein: . � � °
<br /> = , 13.Qoveriing Law;S�r�ra6iitty.'iAe state artd loca!lau.�s apptis�bis to this Osed of Tnest sfa��e th$[aws oi the . �4 -.
<br /> � judsdidion In which the Property is tocated.The foregoing sentence shatl noi timit the applicabltiiy�cf fedsrai faw to this � :"
<br /> �` ' Deed of TrusK.ln the event that any proviston or dause af this Deed of Trust or the[�tote aonflicts with applic�l��taw.such
<br /> .`�� � ..:` conflict shalt not affect other pmvfslons of this Oeed of Trus!or the IVote which can Be given eftect without the confic�ng �,°� ��-
<br /> � . ', provision,arid to this end the provtsions of this Desd of Ti�ust and the Nots are dectared to be severabie.As used herein, �``r�Y
<br /> , ���i .I-... - °cos�'.°expense�'and"attomeys'fee.a'include ali sums to the extent not prohi6ited by appltcabte law or lfmited heretn. , � ',:�:�-
<br /> � 14. Bor[�otver's Copy.Borrower sfiall be fumished a car►brmed copy of the tVo4e and of this Deed of TNSt at the time --°-
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<br /> . ` ' of executlon or after reccrdation hereof. '_'_°�
<br /> = --- �5.�tehahftitation Loaas Aareemeni Bo�wer shall fulflU all cf Borrower's obtigatlons under any home rehabilitatlon, --
<br /> . u`W-� � �� improvemertt, repair. or other toan agreement which Borrowar enters irno with Ler�der.Lender,at LenQe�s optton.may �:���.
<br /> require Borrower to execute and detiver to Lender,in a iarm acce tabte to Lender.an ass! nment of arry�ights.ciaims or �-=�=
<br /> A 9 �.-.;_
<br />. � - � detei�ses which 8orrower may have agairtsY parties who suppiy tabor, matarials or senrices in connec8on with _ -
<br /> - imProvements m�de to the Property. _- _
<br /> � � 16.ZFanaier ot P�operiy or e Beneftci�l lnte�est tn Borrower.If ail or any part of the Properiy or airy inte[es4 tnit ts soid ..,;-
<br /> � or transiemed(or'rf a beneficial iMer+est in Borrower ts sotd or t►ansferred and Borrower is not a naturaf person)w�haui lendets ____
<br /> � � - �' prior written consent,Lender may,at its o�Uon,2qutre immediate paymertt in fuil of al{sums secured by this Deed of Trust. --
<br />� ' - Hawever.this option shait not be exerctsed�y Lender it exer�fse is prohibited by taderal taw as of the date af this Oeed of Trust � _—
<br /> ' "` �. ' .' if Lender exercises thts option,Lender sfiall gi+ra 6orrower notice of acceiera�on.The notice shal{provide a per�od ot
<br /> � - . not tess than 30 days from the date the no�ce is delivered or mailed within which Borrawe�must pay al1 sums sscured by _
<br /> ��` this Deed of Trust if Borrower iails to pay these sums prior to tha expiration of this pe�tod,Lender may imroke asry remedies
<br /> ._- . -� - permitted by thls Deed of Trus!without further notice or demand on BoROwer. � ��_---
<br /> � . �ION-UNIFORM COVENANTS.BoROwer and Lender further covenant and agree as foltows: -
<br /> 17.l0.a�ieratton; Remedles. Except as provIded in paragr�ph 16 horeof, upan 6orrower's breach ot am► —
<br /> � � . � coveaantor ag�meM of BorraweNn tt�is Deed ofnus4,inctuding Boma�we�s dafture to pay,by�e end ot 90 catendar FY
<br /> � days aftet they are due.arry suQns secured by thia Deed of'Ttust,L.ea�der prior to acceteretton shalf giva nottce to _ _
<br /> � Boreawer as provided in pareg�eph 12 hereo!epecifying:(1)the breach;(2)the actton requtred ta cure suoh breaeh; � _
<br /> : (9)a date.rtot fese than 20 daya trom the date the natt�e ts matted to Borrower,by which suc��reach must be cured; �
<br /> � . �� ��.�' and t4�that faifure to cure such breach on o�b�tOre the date BpecHted in the nauce may�es��t in acoeie�a�on ot the ��� --
<br /> .�:, ��� r ��:-
<br /> • sums secured by this Deed of�rust and sa[e o?the P�perty.The rta4ice shail tuKher intorm Barrotiver c�cl�e rtgM to r _,:
<br /> < relnstate after ecoeteration ar�d the rt�M to bring a court ectlon to assert the nora�adstence at e detautt or arry other ,�-
<br /> � � detense ot BorPOwer to acceteration and sate.H the br+each ts rtot cured on or betore the date�pecifled tn the nqtice, �?���-�=:
<br /> � Leader,at LendaPs option,may declare ail at the suma sec�ered lfy 4his Deed o!7i7�s,t;to i�imneedietet3/due•ar►d � � �,
<br /> ; � payabie witi[ottt turther demand.an�may lmroice the power of sate artd�ny olher Mm�Q1es j�e,�m.i�tgd bY�ppllc�ie � . .,
<br /> tavs.Lendet shail be entitf�d to coflect etl reaso�abie oosie and expenses Incureed(r�pu�utng ffie cemer�ies provided =
<br /> tn ttds paragre�ir 17.tnWadie�g,bat not Iimi4ed to,reasoeab�e attom�ys'f�a. . . . , � _
<br /> � - i f t h 0 p a w e r ot�ate la tmroked,5'tustee shafi record a noti�of de9suH In e�ac�cou�ii�t in�le�th8�ra�rtyt or
<br /> somo part thereot is Iocated and shali esaaE!coptes of such rtotica in the manner prescribe0 by epp9tcabte tew to � ._
<br /> ' � Borro�rer and to the other persons presrn'bed by appitcabte faw Atter the tapse of such time as may 6e�quired :,�:.
<br /> . � by applicabie taw,Ttustee sAa7t glve pu611e nottce o4 eale to the persoas and In tha manner p►escriba�8 by applicaDie ,,,; ..
<br /> !aw ltustee,without demand on Borrower.shall sell the Property at pubNc euct�on to the highe�t btdder at the tt�ne •���
<br /> -- � •� ' and ptace end under the tenns destgnated 1n tho not�ce ot sate in on0 or rnore parcete edd tn such ortie�aeTirustee
<br /> - � ' may Qetermine.Th[stea may postpone aate o!atl or sny parcef of the Properly by pubtic announcement at the time
<br /> ��' end pface o!ar►y prevtousty sch�dute�t sate.Lender or Lender's Hesignee may pvrchase the Property at aey eate. •
<br /> � ' Upon recetpt ot paymertit o!the prtce bid.Tiust�e shail deliver to the purchaser Tru�iee's deed cma�rreying the �
<br /> - Property soid7he rrec(tats tn�altustee's deeB shali be pfina tacle evldence of ths truth ot tha stademen�aar�de therei�
<br /> Ylvstee sha11 appiy the praceeBs of the sate tn the foitowing order.(a)to afl reasor�able c�sts end expens�o!the sate. -
<br /> � , inWuding�but not timited to,TwMcs'e 4�actua!!y incuned of rtat more than %of the grass aate prir.�, .
<br /> �� ressonabte attorneye'fees and casts of tIt(e evidence;(b)to ell sum9 secured by thia Deed ot'�rust;and(c�the
<br />- � excess,if arry,to the persor�or parsons tegalty entitied thereto.
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<br /> - �° � 18.8orrowePa Rtght to�2lnatate.Notw�nding Lenders anoeteratlon of the sums se�ured.bxthis Oeed of 7rust�due
<br /> • to Bortowefs breach.Borrower shali hava the right to have arry proceedings begun by Lender to entorce this Oeed of Tiust � �.
<br /> � � disooMinued at arry Ume prlor t+o the eazlier to oocur of(i)the flfth day bebre sate of the Property pursuant to the power of sate .�.,.
<br /> oor�tained in this Daed M Trust or(ii�entry ot a judgment enbrcing this Deed of Trust ifi(a)Bomawer pays Lender all sums which .
<br /> a
<br /> - ' ' � wouid be then due under this Oeed of Trust and the Nate had no axetera�on aocumed;(b)Borrower cures ail breact�es o!any
<br />-_ ` � other oavenants or agreemerns of Borrawer confained in t�is Oeed of Trus�(c)Borrower pays all reasonabte expenses incurred
<br /> _ -_ --;- by Ler�der andTrustes tn entarcfig the r,�waria�ts anti a�se�MS a!8atroVxr�fainect ln this Oeed alTn�st.and in entorcin�
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