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<br /> ^�� 9.Condemnadon.The proceeds of any awurd or claim for damages.direct or consequsnti�l, in conncctton with
<br /> any condemnation or other taking of the Propeny,or put the�eof, or far convcyaa:e in lieu of condcmnation�,nre
<br />_ • hereby asslgaed and shall be paid to Lender,aubjat to the tcrms of a�y mongagc,deed of trust or other security
<br /> � agreement with a licn which has ptEority over this need of Trust. `�
<br /> 10. M�rrower Not Releated; Forbenrance By Lender Not p Walver. Extension of tlte time for payment or �'i,
<br /> '�.; modification of aznartizatlon of th� sums secured by this Deed of Trust granted by Leader to any successor in =
<br /> interest af Bonower shall not operate to nloase, in any manner, the liability of the original Borrawer uid _
<br /> � Borrower's auccessors in intertst. Lender shall not be ttquired to commepce procadings against such successor or
<br /> ' ' refuse to extend time far pAyment or otherwise r.2odify unortization of the sua�s soc�rrcd by this Decd of Trust by
<br /> � reason of any demand made by We original Borrower end Borrower's successors in iacerest. Any foe�earana by _
<br />_ • Lendcr ia exorcising any right or nmedy henunder, or othenvise afforded by applica�ble law, shall not be a w�iver
<br />° .; � of or preclude the exerclse of any such dght or remedy.
<br /> • • r 11. S�rssors and Asstgng Bound;Jotnt sad Severel Lieblliry; Cc►-ci�nere.'I'he covenants and agnements
<br /> herein contained shaU bind.and the rights hereunder sdall lnure to, the nspective auccGUOrs and assigas of Lender ___
<br /> and Barrower, subject to the provisions of paragraph 16 hereof.Al!coveaanu and egraments of Borrower shall be
<br /> • toint and several. An Borrower who co-si this lleed of Tnue, but das not execute the Note. (a)is casigaing
<br /> his Dad of Tnut only to grant and convey t�hat Borrower's interest in the Property to Tnutce uader the terms ot this �`
<br /> �� Dced of Trust, (b)is not personally linble op the Note or nnder this Deed of Tcust,and(c)agras that Leader u�d -
<br /> any other Borrower hereunder may agree to extend,modi[y.forbear. or make any other accommodatlons with ngard E-
<br /> • f to thc cerms of thts Deed of Trust or the Note,without that Borrower's consent and wichout releasing that Borrower _
<br /> � � or modifying this Deed of Trust as to that Borrower's interest in the Property.
<br /> 12.Notice. Eacept for aay notice required under apQlicable law to be$iven in another manner.(a)any notice to
<br /> . Bornower provided for in this Deed of Trust shall be givea by delivering it or by mailing such notice by cenified mail
<br />- addressed to Borrower at tho Property Address or at such othet addcess as Borrower may designate by notia to
<br /> _ • Lendcr as provided herein, and(b)any notice to Leader shall 8e given by cenified maU to Lender's address atated
<br />_ - :.,: h�ria s: ::, sLr.� �:�er �� a: Lendar a�a; �i�e !+y nnri�p ro Aorrower as provided henin. MY notice
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<br />_ .•• :;,,,,.; provided for in this Deed of Trust shall be deemed to have been given to Bo�rower or I.ender whea given !n the
<br />"�'.'::•'.�t ' maAner designated hercin.
<br /> '''� '� � '' 13.Gorerning 1.4w;SeverxbiUty.The state and laal laws applicable to thls Deed of Trust shall be the lawa of
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<br /> j;;,�,,:^;,.�,;�.; .•; the jurlsdiction in which the Property[s located.The foregoing sentence shall aot liin(t the applicabllity of federal
<br />:;`•..�.�•,�';i; ';� law ta this Decd of Trust. In the avcnt that any provision or clauae of this Dad of Trust or the Note conflicts with
<br />-' ••���r :; applleable law, such coaflict shall not affect other providons of this Dad of Trust or the Note which can be glven
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<br />_-�,s,,:t.. , effect without the coaflicting provlsion,and to this end ttho provisions of chis Deod of Tivst aad the Note are dalued
<br />��,-_� to bc severable. As used herein, "wsts," "expenses"and "attorneys' foes" include all sums to the eatent aot
<br /> ���'`--���; prohibited by applicable law or llmited herein.
<br />�-"'?^+�t.,. �� 14.Borrower'F Copy.Borrower shall be fumished a conformed copy of the Note and of Wis Bced of Tiust at
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<br />____;�s��j� ;:, the time of execution or after recordatton hcreof.
<br /> 15. ItehstbWtatlon Loan Agretiuent. Borrower shall fultill all of BorrowePs obligations under aay home
<br />�—�_ rehabilttat[on, improvement.npair, or other loaa agrament whtch Borrower enters iato wtth I.ender. Leader, at
<br /> _..s,v;rrs�z� Lender's option. may require Borrower to execute and deliver to I.ender, in a form acceptable to Lender, an
<br /> ��::n;a� assignment of aay rights,claims or defenses whicb Borrower may have against parties who supply labor, materids or
<br /> _—_— services in connection with improvements made to tAe Property.
<br /> � _= � � 16.Transier ot the Property or a Beneficial Interest fn Borrower. If all or any parc of the Property_or any
<br /> a`�_Y;;�� intanst in it is sold or transferred(or if a beneticial interest in$orrower is sold or mansferc�d and Bonnwer is not a
<br /> =�;.�;;� natural person)without 1.endePs pdor wrttten consent,Lender may. at its opdon. requirc imunadiate Faymeat ia full
<br /> ---��;�� of all sums secured by this Dxd of Ttust. Hawever,this option st�all not be exercised by Lender if exercise is __
<br />��� prohibited by federal law as of the date of th{s Dad of Trust.
<br /> If Lender exercises this opuon, Lender shall give Borrower notice of aaelention. The notice shall provide a
<br />"�°'""� period of not less than 30 days from the date the notia is delivered or mailed with[n whic3�Borrower must pay all
<br />���=��� � sums secured by thts Dad of Tn�sr. If Borrower falls to pay these sums pdor to the expiratioa of this perlod. Lender
<br /> -'��'-��•� ma invoke an remedies rmitted b this lleed of Tnut without further not3a or demand on Bonower.
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<br /> t.���`r=°'�"�`" Ia10N-UNIFORM COVENANTS.Borrower and I.�nder further covenant and agree as follows: —
<br />�- �" �` 17. Aaeleratlon;Ranedies. Except ns provtded tn par�graph 16 hereof,upon Borrower's brsach ot any
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<br /> ��•��- �r= rnvawnt or egreemmt of Borrower in thts Dad ot Tnut, including Borrower's t�tlure to pay,by the eed o[
<br /> ������\. 10 c�lendar daya ntter they are due,any sums sa�red by tWs Desd of Trust. Lender prior to acceleration shall __
<br />��: ;%::� give nottce to Borrower as provided In pamgrsph 12 hereo[spocify[ng:(1)the brcach;(2)the action required to _
<br /> � � � cure auch breach; (3)a dute, uot less than 20 days from the date the nottce is mailed to Borrower,by xhich —
<br />- such breach mnst be cured;and(4)th�tt fatlure to cure such breACh on or befon the date specttied in the notice �'
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