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<br /> ���--. •.S• t 1�'.�� �'°,� ct` • 91° `�V���� �` �
<br /> —�, � ' . 11, Succe�re �nd Ae�1giro �Dound�dofnt�tnd Soverai Llabttityt Co-elgncre, Tho w��cnnat�und nAroument9 � r,
<br /> hcr�in couU�lned ehnll bind,nnd the rl�hte hercundce ehtdt inura to, 1hu r�specliw suecessare nnd nssi�ns of Lartdar aud
<br /> ---.-— gorrotivor.subkcl to thfl provielons af parapda�h 16 hrxevf. Ail crnenanta ond og�comcnte of�anv��a�shali ho Joint a�d -
<br /> �� ppy gpr�p�y�Ct�yhn ce�signs thie Decd pf Trusl,but does�tot ox�cuto lho Nato,(A)is eo-sSgntng thia�d c�f't'tt�t
<br /> c+n�y to grnnt nnd cobvcy tMt 8orrowrer's intcecst�n tho Pmporty to Tntstc�a undot tha torme of ihle Der.d of'Pn�St,tb)!e�.'oi _ _ _
<br /> , porsonully tiablo on tho Noto or undcr thie Dced of'Crust,and to)oArr�ti►�t Le�tder a�d am�hes�'�O����"�r'nag .
<br /> ogrce to extond,[natlil��fotbcs�r,or maka anY o�hcr nacommndaUon�wlth rogard to tha tcrms af thie Dced of Trust or thu ��
<br /> Noto. wlthout thnt Harno�vore consent und withaut rolcusing that Domawcr or modliying thie Dced of Tmst a� to ttwt
<br /> -•� Bumowora intc�st fn the Pcoparty. .
<br /> � 1�. Nottce. Bxcspi foe uny nolioo oeciui�+ed wcdcr upplicablo law to bo�lven ia anothor mnnnar,(a)any rtotioo to
<br /> � Horm�ver provided for in thle Dcrd of Truct ehNl ito Qivun by dclivedn8 it or by mnlliu�such notico by aordfied mail
<br /> addresscd to Botco�var At tho prupariy Address or at suah othcr ndd�s.v ae Horrow�r m�►dcsigaata by aodco to Londcr a9
<br /> - provided horein,�nd(b)uaY nodco to Londer shnit bo�iven by ceriifled mnil to Lendc�e addtess stntcd homin or to such
<br /> �..�
<br /> ether udclrc�.y t�Londor may designnto by notioo to Borrower t�a provided honeir�. My notico providdd in tWe Dmd of'Yh�st �.7 :
<br /> ' . . a h a l l b o d e o ra e d t o h a v o beun givon to 8arro�vor or Lcndcr w�cn givon in tho mannor de�t�d hnrei�. .`.,_;,_
<br /> ��• ' 13. Gaverning La�vt Severablltty. Tho stato and lac.�llA�vs applicablu to tLiis Decd of Trust shnll ba the laws of ___
<br /> . . tho Jurissliction in�vhich tha Property la located. The forogoing sentonco et�1l not 11m1t the upplicabiti�v eS Federal 1nw to _ .�
<br /> thie Deed of'Trust. In tho tn ont lhat aay p�o�+lsian or clAiuo of thie Deeti of Ttust or tho Note e.ontlicta�ri��pplicuble law� �
<br /> such oos�ict ehuil not at�'ect other provlsions of this Deed oT'[Yust or the Note which ctw bo given eft'�ct wlthout tha
<br /> . oonfllcting pxovision,und to thi�end the provlslons of ih�s Deed of TYust and the Notu are dectarcd to be sevWrablo. As used , . __
<br /> hercin, "eosts","expenses"und"Attomeys'faes"includo all swns to the oxtenl not pro2►ibited by appllcablv IAw or Umited ,��:,.
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<br /> , .� �4. Hormwer'e Capy. Eorrowar ahall bo tiumishcd a oonfom�ed oopy of the Note and of t6ia Deed oF 7tust at the ��;�--�;,_
<br /> �, "• time oF oxecution or after reoordatlon horcaf. —=
<br /> • � l�. iteDm6111Utdon Loan Agrameu� Batro�ver shau fl�fl11 u11 of Hormwor'n obligaUons under tuoy home
<br /> n
<br /> � ' .�• • rehabilitadon,impmvement,rePair�or oth0r loan ugeement�vbich Horrower entere iato wlth Lender. Lender.ut I.endo�'s
<br /> „ ent of ha
<br /> �.,- - - � _ � ����g��r�n nxecuta und dalivCr to Lender,�m a fomt u�epl�blo ta Lender,an assigcuu Y��
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<br /> F clnime or defe�css which Borrow�r mAy have ogains►partias�bo s�pply iabor, materta�s o:sazvic�s i�30���'� -
<br /> • � , improvomonte made to tho PtopeetY•
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<br /> - - I€dtt�at��tt L'� s'ae
<br /> � , - 16. Trandtr ot t�c PrapertY or ��cnciiclst mtc�in ��r•
<br /> �� lnterest in it ia sald or u�►nsferred(ec if a 1�aneficial interest in 8orrowar 1e sold or transt�rred and Boirower is noi a�tu�1 _-�
<br /> '�'.'v� person)wlthout Lendar's pdor wrltten consent, Lender ms►y.ut ite aption,roquirr+lmmcdiato PvYment ia iiill of ull sums
<br /> ,. ,. securcd by this Deed o�Tcust. Howwar�thls opiion shWl no1 ba exercised by Londcr if cxerciso!s pmhibited by fedesa!lativ �
<br /> �,• ps of Iha date of thle Dee�l of Ttust.
<br /> If'Lendor oxorcises thia option. Londe�shall gtve Borrower aobtoa of aooeleradon. Tho natioo at�11 provida a �;,
<br /> � • ' perlod of noi less tha�►30 days i�om iha dato thfl nodce ia daUvered or tnuiled wlthin which Horrower must paY all swns 4
<br /> � sa,�uccd by thi�Deed of 7'ust. If Harrawer fails to pay these s�uns Prlor to We expiration of this perlod�1�endar maY im►eke
<br /> ; - any romodies permitted by thia Deed of Trusl�vithout fiuther nMice or domand on Horrower.
<br /> ` NON•[7NIIF�3�M COVBNANTS. Horro�r�and 1.ender lluit►er oov�enant and ag�+ee as followa:
<br /> � � �:. . 17. AccelerAttoni�m�ta. E:cept�.�provided in para�rapb 16 hercof,apon Bon+o�er'i breacb at aay
<br /> . ";:�;;?��' , covcaant oe age+eement of Bormwe�In tdia Deed of Ttust+BurindlnB Horr+ower'e t�tiluro to psyp by the end ot ten(10) _
<br /> � � �� calendar daya�fter tl�s date thay are due•�ey eums securr��y tdb Deed o!Truet,Le�der prlor to Acceteriutton�g�ll
<br /> � give nolice to Borrowe�ae provldad in p�ra�r�pl�1Z horeo!epeci�yingt(1)the breach;(�)t6e�ction eeqqired to curo
<br /> •� J' Ruc6 br�AC41(3)s►date�nat leae th�tn 30 daye tbm tho dato the nottce i�maUed to Horrower�by whtch atcL brcac6
<br /> " �� muet be curcd;and(4)t6at twUuro to curo aucQ�breach on or 6efore the d�to�gectfled ta the aatice m�y �ew1t fa
<br /> ! acce�aration oi tde�umi ucnred bY th�i Deed ot Tmat smd wlo o!t6e Proper¢y. The notice ehAll lt+rlher Inform
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<br /> Horra�ser ot tho dght to relastAte atter Acceleratlon und ttio r�pyM to brinQ�court Actlon to n�ser!!do aon�tencs
<br /> of A def4Wt or Any other defenae ot Borrower to uscelerxtlon�nnd eWe. U trie bnACh ie not cured on or before tbe
<br /> � �` date ipecified in 1hm�eMke,Lend�r.At Leadttr'�optlon,qtay declu+e a1�ot t6e eum�eesured by thie Dced o!Tn�at to
<br /> • « be imaaedi�tely duo and pAyAbte wlthout llu�er dem�uad und msy invoke the power ot talle nnd auy ather remedia _
<br /> , `�`�'�� ',, pen�ilted by Applic�blo Iaw. Lcnder eb�lf Do wtitted to collect nll co�b aad c:pcnre� incurred in pur�uing the `--
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<br /> � `—, z+en�t9�rs pr�vlded!n t6U pars�Sp's�517 ta the oitent persn�t3ed bY aPplieatilo IAw. �
<br /> Yt Lender invokea the power ot eate,Lender or T�vstcc ab�ii m�ii copiea�3'�+YC►iiee of a��e M th8 muaaer .
<br /> preacnibtd by ApplicAbie law to Horrowcr am�to the other porsona prescribcd by pp�flcablc ls►w. Tn�stce ehAl!give •,��
<br /> notic�o!eAle by publtc advertisement toc tA�4i�me aad in the mAnner pr+escribed by applicable Eaw. Truttee,without ,
<br /> ' demand aa Borrowcr,ah�ll scll ttie Property at put�l�c a�stion to the highest bldder for cash at the time�ud place .
<br /> and under t6e term� deeD�atcd 1��tde notice c�T saCe iso oae ar more parcele am�1 tu such order as Tm�tee may
<br /> dcteemina Tn�xtce may postpone eale ot a�l o�r xny parcel o!tho Pro�rty to swy later Hme on the eAme date by
<br /> � . public Annouacement nt the time and pls�of Any prevlouely ecdeduled eale. l.ende�or Lender•e alealgneo mAy
<br /> � � purc6Aee tde Property at any sac.
<br /> Tn�atee rball deliver to the puredaacr Truatee'e dced conveying tde Property eo wld wit6orat any covcnAnt or
<br /> wA�r�nty.o�reased ar lmpUcd. Tha recifttl�in the Truetee'�de�d eh�ll bo prlma Pacie avldence ot the trut6 ot t�e
<br /> et�temenb m�tde thereto. Truetee ehaU �pp�Y�he pmcad�of tho eald in the�ollowing ordert (a)to WI costi �nd
<br /> ' eapene�w c:ercl�ing the power of eate And of the e�ic�including Trubtce'e icea not eacceding s%ot tha anutanding •�
<br /> = p�lacip�l bxl�nce ond�ttoraey�'teei and cost�01 Ntle�vidence;(b)to�ii eumi�ecurcd by tdie De�d o!Trudt wnd(c)
<br /> to the payment ot juoior Tn�M deeds�mort$oges or other Itenholdcrr,aad(d) the e=cee�,it nny,to tbe per�an or
<br /> „ pereon�IegWly entitled thereta
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<br /> Form p7J91VE (10/96) Pa�o 3 of 5
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