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<br /> � . � of Tznst is oa a uait in a coadominium or a planned imit devetopment, Borrawer s1�all perfoim���r s -. . '
<br /> � obligatIons under the declaratioa or coveaaats cneating.or goveming the ooadominium or planned vait devrlopment. '- . .
<br /> � . ^� - the bp-laws aad regutatidns of the aoadominium or planneQ unit devetopment. and coasutuent documents. -_'
<br /> . . '''` �. Pt�o�tion off L�ia's Sewriiy. If Boaower fa�s to perfo:m the wvenants and agreements oontained in this '' . ,
<br /> ' - Deed of Trost,or if any aaion or pmceeding is wmm�ced wLidi materially affects t,eader's interest tu the Property. " .�
<br /> ',.'`� then Leader,az Lender's option, tipon aotice to Barrower,may make such apgearances, disbusse sucb sun�.incFading . ':
<br /> reasona6le attom�ys' fees, and�take su� aaion as is neoessary to pmtect Len�ler's inte�est. If Lendes required :,.z�_, _
<br /> � ��.
<br /> �' : ._::r�`.� mnngage insmauoe as a ooaditian of making the toan secvred bythis Deed of Trns�.Borrower shall pay the premiu�; --__-;<__:��-�,;.
<br /> -- . .— y� cequiied. to m�atain such insruanoe in effeci �mW sucb time as t he teqv'sr+e�at f ar s u d s i n s u t a n c e t e c m y n a L e.s i a --,� °- .
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<br /> �;,�._�.,.. .. '� � �cordanc$.wl,tit;lBorxoa�'s and I.eader's arrittea agreement or applicable law. �. . . -
<br /> . Atty�s-disb�uzsed�by Lender paisvant w this paragraph 7,with interest thereon, at the Nete rate, shaU �`
<br /> . ,;� heoome�� iadeDiedness of Sorrower seau� by this Deed of Tiust. Unless Borrower and Lender agree to -
<br /> �rr..;� other ��o`payment, suc6 ammmts sftaU be payabte upoa�aotice from l�nder to Sorrower neque�a8 Paqment .�-_---;:-
<br /> . y.., .
<br /> '" �t<.% the�eof. �ti�g coatained ia�t}us paragragb �shall�ire Lender to mcur aay expense ar take any action hem�mder. ,i''-
<br /> . . . 8. `I�On. Leader may make or ca�e tn be made ceasanable enuies upnn and inspeaions of the Pmpaiy, _ ,: •� 1<;�.
<br /> .. � . pmvided that Lender shall give Bqicower notice prior to aay sach �nspecuun specifpia$reasoaabte canse the�+efor . ,�t: - �� ",'_
<br /> :: , relate� w I.ender's mtesest in!�e �P�Y• . ' � ; -'• --
<br /> -. c�.� � �. (�On. Tite proceeds af aay a�rrar@ os daam for�aag���t�.i�;'�+ tiE Ck.'�tOA WII�Z +,���
<br /> '��;� ' `�.��oa or other takixi o�.� ,os. ala�eo�,'���s�'�'������on, �e � :=�=��AC,-��=
<br /> � �. �P� � ��
<br /> j��%��� � `, �:a�ed and sGall ise'ga�d ta��.s-�s;;�t'rs�'sh��� �����,c��F� �s�,sea�arq .��" ; -_-
<br /> ;,':�;E'�::�;'s�`� :��Jp�:�� a ti�+,w�, t��'t�;;ah�a�:��:��'s�„�s - [�L.,�,�.. ;¢,.�..��, f��`1`.. }�- .' . .. ;Y-.'s
<br /> �v %�i?•}raMl�� . �l� ;DL]lL'ifB:�P�i��l� +�WY�WM � "�"'°""�_..Y '�' �SiaY1H�� �A�+� ++�-„�.�, 1�'O L'�'�T-y�'��� �' ,y�-��x:4 ,
<br /> -Jt, ` 1::.�1" ` . � i� �itiS�29���T'� ' �27 IIL 5�9+A�`LC1�Z W��.f�� •�
<br /> :si:.� ,�; ` � -��c�;�Df anta�dn�•'of�e.�s see�+a� g� �� �.�i
<br /> �Z; "=�'�. ,� of Bon��sha11 aot o�aze �a se�,:ase, L*t az►y u�anaer, �e;��'r'�--� �;�e �.:. �� �:��s• � . �"s -
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<br /> r sttccessoas ia interes�. Leuder sT� c�ot be required to vom�aeaoe ��r�'T��s�:.s��z�fli�Se f� - -
<br /> ; ' �.��.s�'� . �`
<br /> ., ••t r'�. extend r;u�for paymeat or othea�ti-is��odify amorti7ation of rHe sm6ss����ihis&L�r3t ivf'4�-i�SSSj m:ason of any► �� •_
<br /> � .: �� d�and made by the original Bo�w�r and Borrower's su�ssois�ut iatec�t. Any forheara�€sy I.enc�`m ezercising ... -�
<br /> - ..'':'- - - �� auy right��ar.remcdy hereundcr, or,ot�ernvise afforded by applicabie law,shalt not Oe a cvaiver of or�preclnde the `, � —
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<br /> . • �;:`��:<<:.�� eaer�t�o�any sncb cip,�t ot remedy:.' r:'°
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<br /> :;�:;r; Ill,��and Assl$ns Boimd:�Joi�awl S�liabilityi Co�igu�s• The covenaats and�ts herein f,''.•,, t=_�,-__
<br /> - .. ``;�:�,••�:'� ooma9neQ�shaU bind.and the rtgflta flera�nder sbalt inut� w.the respective sucxessors and assigns of Lender aad �-
<br /> � � s:.�:� - a — -
<br /> - -- -- - .. .�....; Borruwer.subject w the pmvisioas of paragraph 16 hereof. A11 wvenaats aad agrermeata of Borrower shall be joiat --
<br /> � .. ; end sevetal. Any Boaower who co-signs this�ob of Trust,but does aot execute the Note.(a)is ca�signing thls Deed _
<br /> • > of Tnut onJy ta granc and convey that Borrower's iaterest iA ttte Property to Tn�stee under the ternis of this DePd of _•�
<br /> ��'' TNst�(b)is nos petsonally liable on the �Iote or under thfis Deed of�Trust.and(c)a�rees that Lender and anY other
<br />: . " � . Borrower hercundet may agree co extend.modlfy.forbear,or mak�e any other accommodasloas with regsrd.to the terms ,: �.',.:�__.
<br /> �•_�:_..:._ ��:' a!tDfs Deed of'Cntst or the 1Vc►te wlttwut that Bo�ower's conseat asid wirlwut reteasiag tLat Boirower or modifyiag - —
<br /> � � � . thi9 Deed of Tntst as to tdat Sormwer's interest ia the Property. �
<br /> • . !2. Nottne. Except for any ua�ce cequired uader applicable taw to be given in another manner. (a) any aodce �����' -_ _
<br /> ` w Borcower provlded for in�thin Deed af Ttusc shall be gtvea by delivedng tt or by maitiag such notIce by oerti&ed '-`�"_
<br /> � ;; .` - mail adQres�ed to Burr4�er et sha�Prupe:ty:Addc�s or at such other addcrss as Hotcower may desigcare by notice to . '�:-�`_
<br /> : ,;.'.'�. Lender as providcd�ho�ain►�and (b}aay nnrice co Lender shall 6e given by certified mail to Ixnder's add�ess stated �
<br /> �, ''-. �� herein� oc w suc8 other addmss as Leadec muy dcsigaate by nodce w l�aower.as pmvided herein. Any noKce � �.,`�
<br /> � ;�j:.t.,
<br /> ' - - _ � Qrovidcd�•fvr ia this Deed of Tn�st sha11 be dcemed to bave beEn given t� ffarrower ar Lender when given in the ��."�, �
<br /> . .. . � IDZ�112f QCB�$OfliOd �1Cl2TII. ,'� ' r ;�'n.�
<br /> � �� � l3, Qoverai� I$w;Se�abilily. 'Ihe state and local laws applicable to tbis Deed of Tmst shall be the laws of ;'a" ----
<br /> w �'��. %.�;, ..=:� ''�°=
<br /> � ttec jurisdiction in ahich the Propecty is tacated. 'Ihe foregoing senteuce shaU not limit the applicabi1ity of Federal :,.��a<<.;::.: �' '----
<br /> � �"�t , law to thla Deed of Ttust. Ia the eve� that any provisIoa or clause of this Deed of Tn�sc or the Kcte watlicts with � kv::>''.;.;�:;•-
<br /> "'�f" � Ie Iaw,suc6 oonflict s�all not affece other provisfons of this Det��of Tnist or�e Nate w�ich can 6e giveu � ar �r , , `,���r..
<br /> � -
<br /> '' .:�f#�;���;� e�thout the confliaing prdvi,�o.and oo this ead the provisions af this Deed of'h'au�and the Note are declared �` �`--- .
<br /> � ' `E,�r��;f� to be severaDle. As nsed herein. �CG��Sp��exFenses"and"attoraeys'fees'incluQe all sums u�the extent not pmlu'bitod ' -� .�;�,��.
<br /> -�•? by appiicab2e taw or limited here3n.
<br /> ,r
<br /> . �.;<:s'A ;� 14. Boaawa's Capy. Borrower shall be fumished a oonfom�ed copy of the Note aad of this Doed of Teust�at the . ..� "-';�;�_-
<br /> i`��'�:.�i time uf eaecution or after recordazion hereof. ' �:�f,
<br /> �-'. "' }$„,�babiiii�fon l�nn �lgt�t. Borrower shall fulfill sil of Bomnwer's obli�ations uader any hame ;
<br /> - . . '.,. rehabilltaSon. improvement, reDair, or other loaa agmement whlcb Horrower eatera into with Leuder. Lender, at � � ; .
<br /> a
<br /> . �• . Leadet's optlon,ms►y require Borrower to exesute aad deliver to Lender,in a fdrm acceptabte to Lender,an assignmeat �. . �•;.
<br /> � � of any rigLts,claims or defenses whtcL Boirower a�y have against partIes who supply Iabor,materials or services in
<br /> � � . oannection witb impmvementa made to the Pruperty. �
<br /> � � 16. 'l�aasfer oithe Rrryeatq or a B�eBc�ia1 IaL�t in Bosrawes. If all or any part of the Property or any interesi . .
<br /> ' � � in it is sofd or traasfe�red (or if e beneficial interest in Borrowes is sotd or transferred and Borrawer �S aot e natutal �
<br /> - ' .- '' person) without Lender's prior wrItten consent. Lender may.at its optioa. r�quire immediate paymeat in flill of all ' .
<br /> � swns secuaed by this Deed of Tn�st. However,tiils opsion sl�all not be exercised by Leader if exercLse is prohibited �•� , .
<br />_ � by FuQeral law a�of the date of tiils OEed of Tn�st.
<br />- : ,. ,,•::` �• ..
<br />- � -<�, if Lender ezercises thls aption, Ixader aha11 give Borrower notice of acceleratioa The notice shall pmvtde a �.
<br />_ : -'�;s`",��`.. . period of not tess than�30 days fmm tite date the nodce ls detiveced or maited wIthin which Borrower musi QaY all . � .
<br /> , :,..,�.,..
<br />- ,:�,;;:-.: sum9 sec�red by this Deed of Tnrst. If 8orrower fails to pay these sams pdor to the.expiration of this perlod.Lender
<br />- ':i'!°'��;� rnap iitvoke any rc�medtcs peuniued by this Deed of Trust witltout furr�� r�use or demand on �orrower. ; '. � �
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