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<br /> " � U»1GS.v I.ender end Aarwwer other�vise esrae in ariting, nny appllcotion ot procepde to:�rinclpal ehall not extend or �•
<br /> !u pc��tpano the dua clnte c►f tha mpnthly paymenta teferrcd ta in patagrapha I and 2 or trhange thd amount of the pnyments. �
<br /> �- - It under parAgre�ph 14 the Pmperty ie acquire� by l.andat, B�►rrc�wef'a rlAht to any insurnnca policies and proceeda _
<br /> , . �.gu1NoA irom damega tu thu Pmpet�ty prior to tha rcquieitlon eholl pas9 to Lender ta tho extent of tha auma secured by �
<br /> � thip Seeurity Infltrumoat imrr�ediately priar t�tha acquisltien. -
<br /> --•- - - �� z 6. Pro�ervatian and A'deintenenca �t Ikoparty; Leaseholde: Condomiaiuma; Planned Uait Developmeate. _
<br /> " A+aen�ver s�a11 kear the Prnperty in gnn�r0p.qi�and eht�il nnt cammil wt�te or pernnit impairment ar deterIatatton of =
<br /> �, �'�� ; the Proparty end shall camply wIth tha pmvislans oi any lease if thia Uxd ot Trust ie on a leasehold.It this Deod af
<br /> .� . ,� Tru�t is on a unIt ln a condaminium ar e �lannad unit develupm�nt, Borrower shall pertorm all of Horrower's _
<br /> � "�� - � � obligatlona undar the declaratton or covBnAnte creating ar guvarnin�the condoneinium or planned unit develapment.the
<br /> -���� byrlaNa and raguletioas of the candomtnium or plenned unit development,and oanstituant dflcuments.
<br /> "' r�} y. Proteotion of Lmndar's Seaurity. lt Barro�ver toils to pedorrt� tha covenants and egteementa contained in this
<br /> '� Oeed ot Tru�st,or i!any aetion or pmceeding ia commenced whtch mmurl�lly eitxrs Lender's intotest in the Property,
<br /> .. then Lender�at Lendar's option,upon nottce to Harrower. may make sucE�appearances.disbaree suoh sums,includtr�
<br /> ,;;� reasoaable attorneya'fees,end taka suah action as ie nec�ary to protect Lendar's inter�t.It Leader reyuired mortgage
<br /> ' inaumnve as a condItian of matcing the loan socured by this Dced af Trust,8arrower shall Qay the premiums tequirod to
<br /> �'�.� maintain such insurance In eiieet until such time a4 th�cequirement for such inswance wrminates Qn aocordance with -
<br /> '' Harrower's and Lender's written agroement or appl[cabla law. Any amonnts disbutsed by Loader pursuant to this
<br /> � paregraph 7, with interest thereon, at the applicable conuaot rate,sha11 bocoma addittonal indobtedness of Borrower
<br /> •- se�ure8 by this ITtzd of Trust. Ualess Barrower and Leadsr egree to other terma ot payrrnent, snch amounts shall be _
<br /> � payable upon notice from Lender to Bonower requesting payment thereuf.Nothing oontained in this pdragraph 7 shall
<br /> require Lertder w inour eny expetise ar teke any action hereunder.
<br />= S. Inapsotion. Lender may make or causa to be made reasonable enuies upon aad inspections oi the Property,
<br /> � '�• prnvided that Lender shall give Bomower nottee prior to any such insp�ction speci4ring rea5or►nble cause ther�for rolated
<br /> °;;;.. ,,.. to I.ender's interest in tha Property.
<br /> ��''� ' 4. Co�ndemnation.The procceds oi at�y awsrd or claim tor damages,direct or oonsequantial.in oonnection with any -
<br /> eondemnation or other taking ot the Property,or part thereo�,.or for cbnveyanoo In lieu of oondemnation,are hereby
<br /> ' ;; assigned aad e,hall ba paid to Lender�subject to thQ terms of as�y mort�age,deed oi uv�E or other sxurity agreement
<br />- " . . ', with a lien which�as priotiity pver this Dxd oi T�t. -
<br />� ':=�;;�''�'- � 10.Borrower Not Released; Forbaaranoe By Londer Noi a �F'.'dver. Bxunsion oi tAe ttme tor pymont or
<br /> Y ;�,,r': saadifisxdon of smQrtizet�t+a oi t�e s��m�!��tr�1 by this I�ed of Trust p�at►ted by Le�tdxr W anY suocessor in inurest ,
<br /> _ _ ��� of Bonnwer and a11 othar partles who are or heteaftet beoome seoondarily.liable ahall not operate to ralease. in any
<br /> : :� . manner, the itability oi the origina! Borroaer a.nd Barrower's st:oo�sore in interesS. Lender ehall not bo requirad to
<br />_ '���".. � commenoe prnceediaga against such successor or refuse w extend timo for payment or otheraise modify amortizntion
<br />_,�:�''�;;_.��_ , of the suma secured by this Dee3 of Trust by reason of any demand mado by 4he osiginal Borrower ertd Borrower's
<br /> --��v�� .
<br />_':�;:�_;�. ,.:. succes9ors in intere,st.Any torbeatanea by Lender in eaercising any right or e+emedy liereunder.or othetwise afto y
<br />�'"''y`�"��-� applicable laa,shall not be a waiver oi or psealude the egereise oi a�y such right or remedy.
<br /> 3ei�:,..��:r:.
<br /> =�;;4""`�; : I1.Sueoessors and Assigns Baund: Joint and Several Liabitity: Co-si�ners_ The ouveuaats and agreomenta
<br /> ��'�:�""1� hereia vaataiaed shail bind.and the rigtits hzeeunder shall inure to.the respecdve suooes�ors aad assigae oi Leader and
<br />�k..y��
<br /> �,,,,},.,� Bormwer.subjeet to the provisioas oi paragrapn 16 hereof.Alt oovenants and agroements oi Borto�ar shsll be pint and
<br /> Rk,'l�ti� ;;��,;. several. Any Horrower who co-sigas thia Deed of Trust, but da�es aot e8ecuoe the Note. (a) is co'sigutag tAis�aod of
<br />=��?�?:��-� . Trust at�ly to grant and oonvey that Barrower's inte�est in the Property to L�eader uader the terms oi this Deed af Trust�
<br />�;�.����� � (Q)is not•petsonally liablo on t1►e IJota or under this Doed of Trust,aud(a)agees that I�ender and auy otAa Barrower
<br /> _- �_ , ticreund�r may agcco to ertend.modiiy.iorDeac�or ma�e any oth�t acoommo3ations with re�ard eo tho urma�uf'u`ris
<br /> _ --- D�eed o�Trt�st or the Note,aithout that Borrower's oonsent and without releasing that Borrower or moditying thie D�eed
<br />=_ -�� ai Ttust as to that Borrower's in�t in the Property. . ' .
<br />--�� 1Z.:2iT�8ice. Bacept tor any notice required under app�icable law to ba given in another mennac. (a) aay notioo to
<br />'�"-�r�`�-_` $orrdw�i'provide$[ot in this Deed of Trust s1►a]I ba giveli by del�vering it or by mailing euc�not�oe,by eerti�i�d mail
<br /> �,-=`_-�-_,� adds+essed to Borrower at the Property A,ddress or at'such other address a's Borroaer.maq desigaate 1sy:aotice to Lescder
<br /> ���
<br />�a�: as provided�henin,sud(b}any naUca to Lender shail be givea by certified mail w Leuder's addrea��et�ted I�u!gia or w
<br /> .<..���,a.
<br />_��;;-F such other address as Lender may de�ignate by notice to Borroc�er es_provided he�it�.Aa�y notice'provided:'tot.ia this
<br /> -� �`'x� Deed of Trust ahall be dee�ed w huva been given to Borrower or Letzder when given.in the manaer desigaat��ien3n•
<br /> :.�...,�.,��:_��
<br />�+�"'""" 13..(�ovatni�g Giov.;Sev�ra6ility.The atate end local laare of the jurisdiction in which the Proporty ie loisated.:shall.
<br />--T5ei3Y��C•
<br /> ,� •• apply eacept where such laws coniltct with Federal law; in which case,k�ederal law shall apply. In the av�nt that at4y •
<br />-��=�����';� provision ur cXause a4 this Deed of Trugt or the Note confltota with epp�icx�ble law.such conftict ehall not afPect�ther
<br /> '.'.� .�y,..
<br />----. � :°� � provisions of thie Deed of Trust or the Note which can be given eftect aithout the conflicting proviaion,and to.this end '
<br />=�'��° �•�,% '� the provisioras oi this Ue�of Trust and the Note are dcclared w be severable.As used herain, "costs." "expon'sea," and
<br /> �',� ;. "aitorneys�fee.s"iacludo all sums to the eatent not ptohibited by applicable law or limited hereia �
<br /> Y 14.Bonower's Copy. Batrower shell be fumished s oontormad oopy of the Note and oi thts Deeci o4 Trust� if
<br /> . ' requested,at the time o4 eaecution or after reoardation hereof. '
<br /> •�j �' 1S.Rehnbilltatioa Loan Agreement. Botrower shall fulfill all of Borrower's obligations under any home
<br /> 4 *� tehabilttation, imptovemetst. ropa�r, or other loan ageement which Borcower enters into with.I.enclar. Lendez'. at
<br /> }'-:�•�y��•"�°'r �: �' Leader's option.may roquire Bottowet to esecvte and deliver�o Lender�in a fortn aooeptable to Lendst,s»:assi�unent
<br /> .;,.s:�va,:��;.
<br /> _,'`�-;r;;?';�ti:;� . � of eny rights. claims or defe�uaea whieh Bosrowor may Aavc against pertics who supply labos� mgter�els or�e'rviCa ist ' � .
<br /> ::�;�':":�' �`� onr,:,ection with imrnovements made to the Property.
<br /> � -
<br />- 4�`°�'-f,.T== 16.Tnnstet of the Propany. If Borcower selis or translera ali or any patt oi ute Yroperty or an iniere.se merein,
<br />_ ' '• egcluding(s�tAe creation oi a lien or encurrabrance subnrdinate to thia Dead ot Trust.(b)a traasfer by devise.dtsaxnt,
<br /> , or by operation of law upon the death of a Joint tenas�t.(o)the geant oi any leasehold interest ot thrde years or less not
<br /> � containing an option to purchase.(d) the creation of a putchase monay socurity interest for household appliances, (e)n
<br /> � � � transter to a relative resulting irom tha death ot a Borroaer, (i)s transter whete the spouse or cftildrer►of the Borrowe�'
<br /> � ' become an owner of the property, (g) a tsanster resulting from a 3ecree of diesolution of marriag�, legal segarrition
<br />=- o ' � agreement, or from an incidental property settlement agreement, by whicSt the spouse ot the Borrower bacomes en
<br /> , '
<br /> ° � oe•saa w.a ot T��.t ne oeio�r�wt I���,�'����!,��,��,��' H¢oosax�
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