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<br /> , . (Pa=e 3 ot S1
<br /> Un1eBe I.ondcr tnd Barrawer atherv�►ise a�ree� in writing, any applIcatton of proceedrs to principal nha11 nWt nxt�nd or
<br /> poatpono tho duo dato ot tho rnontl�ly p+yments r�farreci to jn paragrephe 1 ond 2 or changn the emoune at thc p�yrnentA.
<br /> Ii under par��r�ph 19 the Proparty i a�cquired by I.ender, Iiorrower'e riQht to any inaur�nco ppliciea end procae�de
<br /> resulting trom d�me�e to tha Pro�erty ptior to the acquinitian sh�U psru+ to I.ender to tho extent at the aums eocured by _
<br /> thie Security Instrument imrrsadistely prlor ta tho soquieftfon,
<br /> 6. Pre�orv�tion aad M�intAnaaco ot 1'roparty; Le�sedold�; Condominiurm; Plrnnad Uait Dovelapmeate.
<br /> Borrower eh�ll kap the Property in gaad e�ep�ir�nd eh�ll nat commit waato ar permit imp�irment or deterioras�on at �
<br /> tho Yroperty and shd! comply with eino pn,vieiana o4 any l�;aso i! this Deed of'frust i�on e lees�hnld. If thle L�ecd ot `� �
<br /> Trust ta on a unit in a wndominium or � pl�nned unit developmei►t, Horrower sh�ll pertarm all ot Horrovar'�
<br /> obligsttons under the de�cleration or cavensnta creattng or governing the condominium or planned unit devotapmcnt,tl�
<br /> bylswe and regulatioas of tho condunzirdL,a�ar�13tiTi�uftit Qtt�e!4�!!!�R*,!r�CUn9t�t!Mt!r��►►mr.ntA. � _-
<br /> 7. Protectioa of Leador'a Security. It Borrowr,r teile to pertorm tho covenanw and a�reements cantainud in thie
<br /> Deed ot Truat,ar ii any action or proaeding ie commenced which rnateridly atfe�cte Lender's interent in the Properyr, �
<br /> tH�u Lender,at Leader's option, upon notico to Borrower. may mako euch appearences,dlebureo stuh aums,including
<br /> re�sonable attorneys'fees,�nd take eu�ch setlon ae is necessary to protect Lendet'e interest. Ii Lender roquirod mottQa�o �
<br /> insurance as n condition oi meking the loan exured by this Daed of Truet,Borrower ehall pay the premiums requiral to
<br /> r.�aintaia such insuranre in ei[ect until auch time ae the roquirement tor such insurenco terminates in aceordeuce with
<br /> $orrower's and Lender's w�itten tQrament or applicuble I�w. Any amounts disbursed by Lend�r Pursuent to this
<br /> par�gcaph 7. with intarest tberoon,st tha appllcable contract rate, ehal bxome additional indebtednese oi Borrower
<br /> eecured by this Deod oi Trust.Ualesa Bortower and I.ender mgroe hQ�L Nothin�con�tainedtin this pat�gr ph�7 eholl
<br /> psyable upon nnttce from Leader to �orrower roquesting piy B
<br /> require Lender to incur any expenso or uke eny action hereundor.
<br /> 8.Inspection. Lender may maka or causo to be mcde reasonable entrIes upon and �r+spxtiona of the Praperty,
<br /> provrided tfLt I.�nder shall give Barcower nodce prlor to any such inspection speci#ying rcasonable cavse tberefor nlated
<br /> to Lender's onterest in tho Property.
<br /> 9. Condeannation.The ptocetds o[ttay awerd or claitn for damages, direct or wnsoquential, in connection with any
<br /> c:ondemn�tion or othor talung of tha Property,or part thereof. or for conveyance in lieu of candemnation.ere hereby
<br /> aseignod aad shall bo pnid to I.�nder,eubjoct to the terma of any mortgage, doed of tn�st or other sxurity egrament
<br /> with a lien Nhich h�a priority over thie Dood oi Trust.
<br /> 10. Borrower Not Releskd; Forbesnace By I.ender Not a Waiver. Eutcnsian of the time for payment or
<br /> modlfieation at amottiution oi tho suma secured by thls lleed of Trust grantod by Lendor to any succeseor in interest
<br /> of Borrower and all ather perties who are or hereatter become seconaariiy liablo shaii noi upa,a« �vi celasc. ia aay
<br /> manner, the li�bility of the origintl Borrower and Bonowor's successors in intareat. Lender Ehall aot be required to
<br /> commence proceedinga agunst such succe�sor or nfuse to eYtend time tor payment or otberwise modi[Y amortiution
<br /> ot tho eume securod by tt�is])ood oi Tn�st by reason of any demand medo by the original Borrower uid Borrower's
<br /> sixceseors ia inurest.Any forbeannce by Lender in exercising any right or remedy heraundor.ar otherwise afforded by
<br /> spplicsble lsw,shall noi bo a Naivec ot or pre�lude the o:erciso of any such rlght or mmedy.
<br /> Il,Sucoes�rs and Asai�ns B�und; Joiat and Several Liability; Casisnera. The covenanta md a�rreemeats
<br /> herein o�nntained sh�ll bind. �nd the sighite hereundor shall inuro to. the rospectivo euccossore and assigae of Lender and
<br /> Borrowor.aubJect to the provisions of pe►regraph 16 hereof.All covenenta nnd egreements oi Bonowor ab�ll be piat and
<br /> eovetal,Anq Bomowa who co-siYns t6is Ikod of Trust, but does not execute the Nate, (a) is co�igning this �ked of
<br /> Trust only to prant and convoy th�t Borrower's interest in tha Property to Leader uader th�tarms oi thie T�eed oi Truet,
<br /> (b)is not pereonally liable on the Nou or uader this Dood ot Tn�st.and(c)agrees that L.endar and any other HorroNec
<br /> hereunder may agree to ertead, modity, torbear. ar mnke any oth�r�ccommodations with re�ard to the terma ot thie
<br /> • Deed oi Trust or the Note, without tlut Borrower's coc�seat end without releasing that Borroa er or moditying tltia Deed
<br /> of Trust as to that Borrow�i e intere�t in the Property.
<br /> 12. Notice. Exoept tor any notice required under applicable law to be given in anothar manner, (a) auy notice w
<br /> - liorrower ptovided for in t�ie r�aed of Tcust ahall bc giveA by delivering it or by mailing�txh nnt+ce by certi€ied meil -
<br /> addreseed to Borrower at the Praperty Address or at such other address�s Borcower mny designate by notice to Lender
<br /> as providod herein,and (b) �ny notico w Lender ehall be given by certitiod maii to Lender's addreas sUted herein or to
<br /> such othar addreas ae I.enda may designtto by notice to Borrowec ea ptovidod heroin.Any notico provided fnr in thia
<br /> Dood ot Tn�st shall be deorned to have been givaa to Borrower or L.ender when given in the manner designated heroin.
<br /> 13.(iovernins La�+P';Saverabilisy.'The state and local laws oi the jurisdiction in which the Property is locaud shall
<br /> agply excepi whete such lawe conilict with Ftxlaral 1aw; in which casc�, Fedeml law shall apply. In the event thtt u►y
<br /> provision or clause of this Deul oi Trust or the Nota contlicta with npplicable lak�, such conflict ahall not affect other
<br /> provisions of this Deed of Trust or the Note which can be given effect aithout the can[licting provision,and to thie end
<br /> the provisioas of this Deed ot Trost ond the Note are dxlcred to be severable. As used he�rein, "costs,""eYpenscs," and
<br /> "attorneys'fas" inciude all sums to the extent not prohibited by applicablo laa or limitod hercin.
<br /> 14.BorroNer's Copy. Borrower shsll bo furnished a coniorm�d eony of the Note aad of this Dead of Trust, it
<br /> cequa�ted,at the timo of executian or efter roa�rdation heraof.
<br /> 15.Reb�bilitation Loan A�r�em�nt. Borrower shall fultill all of I3orrower's obligationa under any home
<br /> rehabilitation, improvement, repnir,or other loan agreement which Borrow�r entecs into with Lender. Loader, nt
<br /> Lender's option, may requin Borcowa to eYecute and deliver to Lender,in a form acceptable to Lendor, sn essignment
<br /> ot any righte,clnims or detenses wliich Borrower mey have ngainst parcies who eupply labor, materids or services in
<br /> rnnnectioa aith imorovetrieats medeto the Property.
<br />— 16.Trtaefer of the Property. It Sorrower sells or transtcre all or any pert o[ the Property or an interest thenin,
<br /> ' excluding(s)the cteation oi n lien or ancumbrenco subordinate to thie lleed of Trust,(b)a transier by devise�desoent,
<br />= or by operation at law upon the d�ath of a joint tenant, (c)the grant oi any leasehold interest of thrra years or less not
<br /> - conuining an option to purchase,(d)the creation of a purchase money security interest for househnld applinnas, (e) a
<br />-' transier to a relativa resulting fmtri the death of a Borrower, (f}a transfer where the spouse or children of tha Borcower
<br />;a become en owner of the property. (g) a transfer resulting trom a decree of di�olution of marriago,legal eeperation
<br /> ,-� egroement, or from an iricidc:iul property settlement sgreement, by which the spc�use of the Borrower becomes an
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