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<br /> 9. Borcower Not Released; Forbearwncc By l.ender Not a Wwlvcr. Thc Borrow�c'r shall remain liablc for full ;�.�
<br /> ` T payment of the principal and interest on the Note(or any advancement or obligaclon)secured hercby, notwithst:viding
<br /> any of the following: (a)The sale of all or a part of the prcmises,(b)ihs assumption by another party of chc Borrower's ,_
<br /> obligations hercundcr,(c)the forbcarance or cxtension af time for payment or performance of uny obligation hcrcunder,
<br /> � whether granted to Borruwer or a subscquentowner of thc property,and (d1 the release of all or .my pan af thc premiscs ��
<br /> ' '���"_� securing said obligations or the release of any parcy who assumes payment of tho samc. None of the foregoing shall �_'=-
<br /> , in any way affect the full force and effect of the lien of this Deed of Trust or impair Lender's right to a deficiency t,,�
<br /> ,� judgment(in the event of foreclosure)against Borrower or any party assmning the obligations hcreunder. i'�
<br /> •_ �� Any forbeurance by Lender in exercising any right or remedy hereundar,or atherwise afforded by applicable law,shall �
<br /> , not be a waiver of or preclude the exercise of any such right or remcdy. �_ -
<br /> � 10. Successors and Assigns Sound;Jofnt and Several Llabiltly;Co-signers. The covenants and agreements herein —
<br /> �. contained shall bind, and the rights hereunder shall inure to, the respective successors and assig,�s af L.ender and
<br /> 5. Borrower,subject to thc provisions of paragraph 1 S hereof. All covenants and agreements of Borrower shall bc joint
<br /> - , ;, � and several. Any Borrower who co-si�ns this Deed of T�ust, but does not eaecute the Note:(a)is ca-signing this Deed �
<br />- � ��•. of Trust only[o�rant and convey tYaa�Bonower's interest in tbe Properry to Lender under the terms of chis Deed of
<br /> `�`.`�'�•` Trust, (b)is not personally liable on ihe Note or under chis Deed of Trust, and(c}agreas that Lender and any other -.
<br /> ' � Borrowen c�sreunder may agree to extend. modify,forbear,or make any other accommodations �vith regard to the terms
<br /> �•,.:� of this Deed of Trust or th�Note without that Borrower's wnsent and without releasing that Borrower or modifying this
<br />- '�'' ��'�' Deed of Trust as to that Borrvwer's iaterest in the Property.
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<br /> ,� � 11. Notiee. Except for auy notice reqe�ired under applicable law co be given in another manner, (a) any notice to
<br />- Borrower provlded for in thls Deed of Trust shall be given by delivering it or by mailing such notice by first class mail
<br />` addressed to Bonower or the cuneat awner at the Property Address or at such other address as Borrower may designate
<br /> s: , by notice to I.ender as provided herein,and any other person personally liable on this Notc as thrse person's names and
<br /> `�' � addresses appear in the Lender's records at the time of giving notice and(b)any notice to Lender shall be given by first
<br /> f class mail to i.ender's address stated hereia or to such other address as Lender may designate by notice to Bonower
<br />�• ' ` • as provtd�d herein. Any notice proviueci ior in chis Dr.cci of Tiu�t shati te d�cm:,d t:,have�e^�,2••'en to P!�**ower or
<br />�:`:•�,��„ ., Lender when given in the manner designated herein.
<br /> � �' Y,'�.�liM';; . 12. Governing Law; Severability. 'Ihe state and local laws applicable to this Deed of Trust shall be the laws of the
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<br />�°�'�:'�`.'" is located. The fore otn sentence shall not limit the applicability of Federal law to
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<br />---`-' '�` this Deed oi Trust. In the event that any Frovision or clause of this Deed of Trust or the Note conflicts with applicable
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<br /> -- law,such conflicts shall not affect other pmvislons of this Deed of Trust or the Note which can be given effect without
<br />"`°'''��+'���� the conflictiug provision,and to tbis end the provisions of this Deed of Trust and the Note aze declazed to be severable.
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<br /> �-�;5;;5� As used herein "costs", "eapenses' and"attorneys' fees"include all sums to the extent not prohibited by applicab e aw
<br />_=-�;;..�" or limited herain.
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<br /> -- 13. Borrower's Copy. Borrower shall be fumished a confomned copy of the Note,this Deed of Trust and Rider(s)
<br /> �-�`��=-'� at the time of execution or aftsr rccordation hereof.
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<br />-M�_4;:• 14. Rehabilttation Loan Agreement. Bonuwer shall fulfill all of Bonower's obligations under any home
<br /> - � �� rehabilitatlon, improvement, repair or o�her loan agreement which Bonower enters into with Lender. Lender, at
<br />�y"'""'�°y�" Lender's option,may require Bonower to execute and deliver to Lender,in a form acceptable to Lend�r,an assignment
<br /> �fu':.
<br /> '�M7�,�� of any rights,clafms or defenses which Borrower may hnve against parties who supply labor,materials or services in
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<br /> � J-"�_���+,- connection wittt improvements made to the Property.
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<br /> �-•�-�-�.� 15. 'I�ans[cr ot the Property or a Beneflcisl Intcrest in Borrower,Assumption. If all or any part of the Property
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<br /> � or any interest in it is sold or transferred(or if a beneficial interes�in Bonower is sold or transfened and Borrower �s
<br /> —,' �"""'` not a natural person)without Lender's prior written wnsent,Lendcr mny,at Lxnder's option,for any rcason, declare
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<br /> ""�' b a11 [he sums secured by this Deeci of Ttust to be immediately due aad payable. However,this option shall not be
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<br />_��::`+'1:�. :;��.- eaercised by Lender if exercise is prohibited by Federal law as of the date of this Deed of T�ust.
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<br /> ,���, � . If Lender exercises this option,Lender shall give Bonower notice of acceleration. The notice shall provide a period
<br /> `_. •��;� of not less than 30 days from the datc the notice is delivered or mailed within which Bonower must pay all sums secured
<br /> by this Deed of Trust. [f Borrower fails to pay in full these sums prior to tl:e expiration of this period, Lendor may _
<br /> • invoke any rcmedies permitted by this Dced of Trust without further notice or dem:uid on Borcower. _
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<br /> � This Deed of Trust muy not be assumed by a purchaser wichouc the Lender's consent. If an assumption is allowed,the -
<br /> ����' � Lender may charge an assumption fce and require the person(s)assuming the loan to pay addit ion�l charges as authorized
<br /> - ' by law. `
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