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<br /> .. .. ��s►nri in� 5�;��oo��oei
<br /> , ., . impairmcnt or dctcrluradnn at thc Nru{�eriy ond r�1�ai1 cuu�►►ly wlth�t►c pwv�al�nt�ut��i�y Ic•c►+c if UUy Uccd of �' _
<br /> T�ist Is nn n lcnschuld. !f thia nc�d uf''1'ms� le�►n�unU In o�.��mintultduu�or u pl��mu�! �mU �levclaprnent.
<br /> . - �orrowar ehntl perf�rm nli of fdomowcr'�uf�{Igniiuiih wat�:� �I+��t�..i;as.uts�ti ur c�•t•cn:i:�t�cr�'111�i�ur ti1VCt11{11j; ,'+ _
<br /> the condnmtntum or plannrd unitdevelnpuKei�.(hC 11y•I01V�cUlll iatvul�:U�i��g ol�ht��u��iluiw�iidim�ur plunncd nni� �,._�
<br /> • �� dcvetnpmunt.iu�d constitucm�tucumc►�tn. �'�_
<br /> , »��;7:�,;. 7. Dnnle�tlen at Lender'K 4ecurlty. (f 1l�nr�ewcr fail�In�.�rf��nn U►e.�c�+�c��m►t�► and i�arremc��te cuntciincd _ ._
<br /> ,�„ , in thfa A�:ed af'Cruet. or ff uny nuiinn or pristccdtog�e c��nin��:�w:��;f�fti��n;itc��ulty c+lfccte t.��udcr'a intorest in �_-_
<br /> f the Pm�,�rty,tlien Le�tder. ut I..endur'e uptlon.u�nu nutice t�r f�:IIe+►•r,rr, e��:+y mc+ke�euh:+���ri�rmtc�s, dis�urse _
<br /> �. " suah sutne.tncluding ret►sonable attam�ye'fi.�:+,und�nke seeii ra.arFr.�r+N a:�irsy�iy tu pr�+dcE•� I.endcr'e _ _
<br /> . �4 Intereat. If LcnCer requtrc�map}�c��o ineuru�tca us n condldun�►r mnklirg�hc In:+n Rr►.urc�l by �hle [Sccd iit _
<br /> � Trust.Bartower ehull pny thc ptct»iuma rcyuircJ �o me�U�tntq huch In+uri!ttw In cifcct un��I Altlfllllil0 il9(I1C
<br /> " rcquircmont for such ineurunc�tcrnilnntra�In uccardvu�wUh Nme�uwrr'e rw�l I.�udrr'n�vriaen ngrccment or
<br /> upplicnbte taw. �
<br /> • 6 Any amounte dieburoad by tandc��pur�uant tu Ihie parngrnpU 'l, wUh►ntcrr5l�hLrcon. m tito N��tc rntc, ebnll
<br />° � � �' �� become uddidunnt�indabtednesa of�onr�wor�:�sutx:d by thte pe�NJ uf'I'ru!;t. Unlce� 11urr�+u�cr cmd l,�ndcr ngrec
<br /> �� ` to ather rerma of paymant. such nmouncs ehnil Is�payabie u��m acrsttca;frum I.c�i�lcr ta�ii�►��nw�r requesting �
<br /> �' payment thereof. Nathing contalned tn tble paro�rnph 7 ehnl�r+e�ui��l.cnder tu fncur eny cRpcnsL ar tnko nny _
<br /> � actton henunder. --
<br /> • � 8.Inspectton. Lxnder mvy mako or cnuBO ca Ix;mcKic rcusnrablo cmrice��pon umd f nepcctluns of thc
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<br /> ' �� ,�, property�provtded that Lender ehail gtvc Borrowcr nutirn prl��r tn nny such ins�ccdun eprclfying rcasanuble
<br /> . .�� : cause therefor rclnted to Lender'a intcrest in thc Propeny.
<br /> 9.Condemn4tion. The pro�ceda of any nwntd or clultn[or damnges,dircrr�ar conscqucmfnl.ln
<br /> conttection with any condemnatlon or other�nking of the Pmperty,ar part�Itcrcuf,ur for cunycycuuc in licu nf
<br /> - conQemnatlon.are hereby assigned and sha11 be pnid to Lendcr, au6Jc�:t tu the tcnns ot nny inurigugo, dccd of
<br /> . tn�at or other security aBceement with u Iten whi�h hns prtortty over thi�Dced nf 1'rtist.
<br /> : _r�' 10.Borrower Not ReleASed; Forbenrance By Lendu Not a W�tver. E!xtcnsbin c�f tlic Itmc fur paymcnt
<br /> `� ' or modification of amortizndoa of the eums secur�ed by thts uceco oi�'rusi gmnic,i i.�t�.�'� k's m•i�'�_�" _
<br />- interest of Bnrrower ahull not aperato to release. in any manner. the linbfUry of the i�dglnal 13�nnttuv►mr and
<br />=:�, Borrower's sueeeasora In intee+eat. Lender shall aot be reyufced to commence pracecdU�gs egHinst euch
<br />-�;,, ,, : .� s u c c e g s flr or reftise to eatend tima for paynient or otherwiso modify amort6zattun of �ho�sum� accumi by thls
<br />�Y;��u��f. Decd af Trust by reason of any demand mado by thc odginnl Dorn►wer aLtr9�rrow�r'e succcasoro In tn tercs t.
<br /> . Any forbeernnce by Lender In oxercts[ng eny dghe or cemedy 4�ereundrr.or othenvis4 affutded by applicablo
<br /> -:=L��%- �• law,shell not be e wa[ver of orpreclude the oaercise of uny eurh tight or remcdy.
<br /> =-'��w�'=�w 11.Successors end Asslgns Boundt Jotut and 5�werol Li�billtyi Co�stgttere. iYs�coven�nta and
<br /> ;'""�":�,.�„ agceements herein contalned shdl bind.end tho dghts hereund�r shall i��aa�e to. the rcapeCtive eueressute Knd
<br /> -�:;�,��.p� � assigas of Lender and Borrower, subject to thc pmv[siona of paragra�'h 1�hereoL All covenants at��
<br />'�x.�^��f��°- agreeraeats of Bomower shall bc joint und several. Ang porrawer who so-signs thia�Deed of Tnist,but doea
<br />-- ��'=°w�'�' aot exeaute the Note.(a) ts co•signing chis Deed of Tnut onty co grai►t and convcy thit Borrc�wtr'�fntaest In
<br />�`�`�Y�`��� the Property to Tn�teo under�he terms of thts Dad of Tcust,t0)ta nat persanailY liablc on �ho Nota nr undcr
<br /> —'-=l=��� this Deed of Ttust,c�nd(c)agrees thut Ixnder und eny other ikirrowcn c�rcuadcr may nEr�c to catcnd,tncxlify.
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<br /> --�`� forbe,ar.or make any other accommodations with re8acd to tho terms oP thls Dced of 1'rurt or the l�r;ie,withnut
<br />��'-:�_�k that Borcower's consent nnd without releasing thut Borrower or modifying this Dccd ot'1'rus� a�to thas
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<br /> --- -: - Borrower'e iatenet ia the Prop�rcy.
<br /> �:eE���:��• 12.Not[cr. 6xcept for uny noctce requircd under applicatsle Iaw to tx�glven 1��anotlier manncr, (n)nny
<br /> :;,;;�_,,_ aotice to Borrower provided for in tdia Deed of'frust shull be glven by delivering it ot by malling�uch nuttcn
<br /> -- -__,�;._::�. by certitie�mail addressed to Borrower at che Pcoperty Address or at such othcr nc�sfress ns florcower may
<br /> -_- -__�Ta= designate by notice to Lender a� pmvided hentin,nnd(b)any nottce to Lendcr shail be glvc�Dy�:crtiRed nuil
<br /> ;�;,,,,,,,�:;�,"� to Lender's nddress stated henln or to such�ther eddreas as L.cndr�r may dcsignuc by noticc to i3orrowcr aa
<br /> �:;�K��:'�'' provtded hentn. My natice provided for ia this Deed of Tn►se shall be dccmcd to hovc Eec�glvcn to
<br /> _'::._.:�;�!'�-, � ' Borrower or Lender when g[ven in the macuur dcsignaud herein.
<br /> �� -�- - 13.Governtng Law;3evera6ility. The seate attd locnt taws nppitcable to this tkcd uf Trudt 6hei1 tw tt�o
<br /> `� �� laws of the Jurtsdictton in which the Property ta locatcd: The foregoing scntcmce shall n�t Gmf:y?re H�pllcahlllty
<br /> of Federa!law to this Beed of Truet. [n tha event thut any proviston or clausc of ahf��ceA ot�'mFt or�hu
<br /> Note eonfltcts w[th appitcabin lnw,such confltct shnll not nfiec[other psovtatni�s uf'�hfs beeci af'Tn�r,t�►r�hn
<br /> ' Note whtch can bQ�iven at�fect x�ithout the contlleting provieton.ut�l to this end tho pra�vUic�ni��7 tlifA[1rcA i►f
<br /> '';.:,��, Tiust aud thc Note are decl�u+at to be sev�r�nbte. AB uscd hcrcin, 'caxts.' "capcnscs'cmd":+tta�au�y»'(cr.y"
<br /> . laclude alt suma to the extent not pmhibited by npplicrblQ!n►v or Ilmitc�Rerciii.
<br />- `�, : ! 14.Borrnwer's Copy. Borrower ehnll be tiimisRed a confarmed capy uf the Nut�and �►f thb�ri•r,1 u/
<br /> " ' �'�"�� `� Trust at the time of eaecution or aRer recordation hemof.
<br /> ',;t,�ti, -
<br /> ..,:f�.��� IS.RedubiltWtton Loan Agrcemcnt. Darrowcr ehall Nltill a11 of Borrowcr's u19rg�tt�sneeiadc�uuy I�nnx:
<br /> _._1��L � -
<br /> �.;�}:��';}:,�.'�� mhabilicatton.improvement. repair,or othQr toan ngreemene wisicn Barrowor �nicrs ii�.►r.r,��. .�••�„
<br /> ;�;1;:�+.�' at l.ender's optlon.may regatR Borr�nwer ta exccut�and dellvcr to I.ender�In a tc�rm.zi'ccjitnhfe lu I tnilcr,nn F_
<br /> ',ti;.�`°�.: nssignment of any dghts.clolma� or defenses which Huerower may havc agninst p:�ce�cs �tino 5u�jply Icitw�r, k._
<br /> "?:�'.: materIala or servtces in conncction with improvements mnde to the Pro{►eny.
<br /> � :: ' ' ib.'15raasfer of dse Property ur o Bencfictvl lnterc!,�t in Hmm�wer. If c►II ur nny p�►��d die I�u�p,��ty��r
<br />-' � any interest in It is sold or tranaferred(or if n brncflc�Ql intccest In Korruwrr le su1�1 or srnn5fcnrc�l�x»�l
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