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<br /> - Interest.Lender shoil not bo rcquircd to commenca praceedings oguinst such succcssor or rctU�e to a,.lend time for�j�fisnt or othcnv�iso modi�r �
<br /> ' • � . � amortizntion of the sums secured by thls Decd of 7Yust by reason of nny demand m¢do by the odginai Bortov�er ond 8arrower's wcceasora in
<br /> • intereat.Any forbearanco by I.ender in exercising ony rlght or rcmedy hercunder,or othenvise utrorded by applicnble low.ehall not ba o wuiver
<br /> ' of or prcciude tho oxcrcise of ony�uch dght or c+emedy.
<br /> U. Successon md Asslgn�Bouad;Jolat onQ 5fveral tlabtUtn Caslgners.'Ihe covenante and ogrcemrnla herein contnined ehall
<br /> bind,nnd thc�ights hcrcundcr shnll in�re to. tho respcctive succcssore nrtd c.4signs of Lendcr cind Bonowcr, subJect to tho provlsions of
<br /> '• �� parugroph 16 hereof.All covcnanu ond agnements of Bnnowcr shall bc jolnt and scverul.Any Borrawcr who casign�thia Decd ot Trust�but
<br /> • doca not czecuto the Notc,(a)ie co•slIIriing this Deed of T�ust only to grnnt ond convey thnt Borro►vef�interest in the PropcAy to 7tustee undcr
<br /> - thv tetms of thta IJeed of Tntst,(b)ie not personntly liable on tF�e Noto or under thia Deed of Trust,and(c)ugrccs th�t Lender�nd uny other
<br /> Borrower hercunder moy ugreo to�xtend,modify,forbpr,ar make any other occommodadons wfth ngnrd to the terms of thfa Deed of Trust or
<br /> � the iVoto without thut Bortowere consent ond without rcleasing that Bortower or moditying thia Dccd of Trust us to tAat Bo�roweta intcrest in
<br /> ' thc Property.
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<br /> � ,... 12. Notica Bzcept for nny notiee requhed under nppticnblo Inw to be giyen in unatMer menner.(n)any notke to Borrower providai
<br /> � for in this Deed of Trust shall be gtvrn by deltvering{t or by mailing such notice by eestifled m�ll nddrcssed ro Borrower nt the Property Addrass
<br /> ' or at such other addrcss as Borrower may design9te by notix to tender as provfdod henin.and (6)eny nodoe to Lcnda shnil ba given by
<br /> • certificd nmit to I.endcte eddress stnted henin or tu such atha nddrcss a9 Lrnder m�y desipncite Dy ndfce to Bottowa as provtded herein.Ar►y =
<br /> ' notia provided for in this Deed of Tnut ah�ll be damcd to have beer+given to Bonower or Lender when given in the manner designat�d henin. ����=�
<br /> [ 13. Covernins Lsv�SevertblUty.The state oad tocul laws npplicabie to this Deed of'I1�ust shail bo the laws of the jurisdiaion in ' __�
<br /> ' � whtch ths Property ia loeated.The fongoing sentetta shall nat limit the npplicabitity of Federssl lew ro thla Deed of Trust.in the event that any ;.';-�
<br /> pmvisian or olause of this Deed of Tn�st or the Note conflicte with apptieablo Iaw.such contti.ct shutl not nffect a�her provisions ofthis Deed of �':: .
<br /> ..� 7tust ot thr.Note which can be given eft'ect without the eontliet[ng provlsion,and ta this end the provistons of this Dad of Tnut and the Note �-_
<br /> � are declared to be severubla As used haain,'costs".°expenses"ead"nttomeya'fees"include atl aufuto the atent not prahtbited by apPBcable _-
<br /> - �.,_.� law ot timite�hercin. �-_._
<br /> 14. Boreower't Copy.Borrower shal!be tLmishtd a confamKd copy of the Note smd of thls Deod of Trust at the time of execudon � -
<br /> • ` or after recordation hereof. -
<br /> IS. RebabWtt@on Loao �men� Borrower shall fi�lflll WI of Bormwe�'s obli�ations artder any home tthabilimtion,
<br /> '�:: �'.. impmvement�repair.or other loan a,gaanent whieh Bofrawa entas into with I.ender.I,e�da,ut Ixnde�'�opUen,may rcquire Boarower to �:'=
<br /> raceeute and delivu to I.eader.in a fwm scap t a b le to I.a►du.an sissignmsn t o f any d g h t a,claims or dtfenses which Bortowa m u y have against G.�—
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<br /> .+ parties who supply labor,materiels or servtas ia conneetion with impzovemeats mado ea the Prope�ty. �';�—
<br /> - ° 16. Transfer o!the Pr�perty or a Beneftdd Intuest in Horrower.If all or any pazt of the Property or any inurest ia!t is sold or .,.
<br /> � ,� transferred(o:if a beneRcial intaest in Bortower is soId or nansfarod end Hotrower is noi a naturd peraon)without La�da's prior wrimn =- -
<br /> consent,Lender may.at its option.�equire immediau payment in ft�ll of all sums secured by this Dccd of Trur.t.However.this optlon shall ao! =-`'
<br /> T'` ye exercis�d by i.ender if cxercise is prohibttod by federat law as of the date af thEs Used of'lYu�i. � --
<br /> � If Ixnder exercises thls option,L�du sha11 give Botrower notice of acalaation.7?te notia shali provlde a pa�iod of not less than 30
<br /> _ dsys&nm th��n the aoNce is delivered or mailed within which Borrower must pay all siuns sceured by this Dad of Tiust tf Botrower fails to
<br /> - pay these sums pfior to the expiration of this period,Lenda may invoke any remcdies pertniteed by this�ed of T�ust without furd�er notice or
<br /> � deraaad on Bomower.
<br /> •.� •' NON-UMFORM COVENAM'S.Borrower aad Lender fiuther covcaant and ega as folto�
<br />`' 't�"" 17. Aaderatlon;Re�aedfls. Bxcepi as provided In patagreph 16 hereof,�tpon Borrowds bn;ach of eny covemat or agreemment of
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<br /><}^�,; .. Bonower in this Dced of Trust,incltding the vovaiants to Qay when due any sumv sa�uscd by this Dxd of 7Yust,Lcader prior to sealualion.
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<br /> ,;.�: shaU give aotice to Buarower es pravlded'm par�gaph 12 tsatof specIt�rin8:(l)tne 6rach:(2)the e�tton tequirad ro cure such 6reach:(3)e
<br /> date,soi tess than 10 dayr3&om the date the no3lca is m�'lEd to aorrowcr.by whith suc�►breach must be cured;and(4)ttraf fail�ue w cure such
<br /> �� � bn�ch on or beforc the dau specified in ti�e nottce m+y reault in ecctletation of ths am�s sxund by dits Dad of ltwtane!sele of the Propary.
<br /> 'itie not3ce shall flutt►er inferm Homowa of the dght to reinstau aRer acaleration and the right to bai�q a court aaroa ro as.�sat tha noaeaistena
<br /> � . ' . of a default or any other defense of Borrower w acalermion and sale.If tho breach is not cured on or befon the dm spxi�ed tn the notia.
<br /> . . .. T,ender,et L.enders optlon,may dxlure all ofthe sums secured by this Qced of Tmst to be iu�modiately due and paya6te wiilwat tbnher denwnd
<br />_ • ;�,,' aad may invoke the power of sale and any other ranedies permitted bY$PPltcable law.La�der shall be uttidcd oo cofllct rsll rcasonable catts and
<br />:a:::.'`A`` �������py�ng the remcdies provided in this pazegraph!7.facluding,but noi fimiud to,reasonablt�ttom�fxs.
<br />.�,�,u„� �
<br /> _;�;;�-.�Y;.,,�;�:. If I.ender invokts the power of sala,I.euder ahaU execute or caus$7lmsue ta exaute n writtm�o�ce of the occtmence af an weat of
<br />�y- �;;?�;� dafault end of Lendea's election to cause the Proyaty w be sotd and shail cause such noHce to be recordeci in each oowty in whteh die Propelty
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<br /> �,j:;,'���c�;}�ry , or smne part thereof is locsted.I.endec or'ltusta shal!mait copies of such noda in We mant�er presaib�iA by eppticaDle Iaw.Trwtee�shaU give
<br />_;';' .�; public notia of sale W the peasone and in the manner pnscn'bcd by applicable law.ARa the Iapse of ach ume es maybe rcquiral by appliceble
<br /> - , law,llrustee,without danand on Borrovs+a,shall sell the Property et public auction to the highest 6idder at the ti�ne and placo and under the
<br />- �� tertns desiBnated in the noHee of eale in one or mon parc¢le and in suc6 order es'&ustee may deunnine.'Ituscee may post�pone sale of ap or eay -
<br /> �.:�,: '.','° parat of the Property bY Public annouacement at the tlme and place of any prevtously sclxduled sala I.ender a�eadet's designte may
<br />_ -�� �*G purchase the Property at any sela '
<br /> Trustee shall deiiver to the purchasec 7tnsceds dad com�eying the Property so sold withwt any covenant ot wuranty.a�pressed or
<br />��'�1'-�-�., tmptied The rec[mis in tbc Trusteds deed shali be prana facio evidence of the wth of the statemews made thcreia T�ustae shall apply the
<br />„�_;,r�;�-- prooecds of the sale in the foltowing ord�:(a)to ell ceasonable costs and oxpcnsas of the sale.including,but not limited tarrcasouable 7tusta's —
<br />��:-: � and attomeys'fees aad wsts of tide evIdence:(b)to a11 sums secured by this Deed of Tn�and(c)the excas.if at�y,to tho pe�son or persona
<br /> r`..�J, . legalty entided thereto.
<br /> 'f'; > ,�. Ig, gorrovrer's Itight M ABetnriata Notwithstending Lendets ar�xlerution of th¢sume secured by this Dcad of 1lrust due to
<br /> :. " �i: gutrowet�s brach.Basmwer shall have the right to have eay proeerdinge beguu Dy Lendcr to ea�orce tLia Deed 4f 7tust disconHnucd at aay
<br /> we __
<br /> ' � tinu prior ta the eariier to ocwr of(i)the fiRh day befon sale of the Property pursuent to the power of sale contained in this Beed of T�ust or(t�: -
<br /> entry of a jndgment enforcing this Deod of Trust iE(n)Botmwer pays Leader a11 swna which would be then due under this Deod of Tn�st and�' --�
<br /> the Note hed no aa�eleration oceurred;(b)Borrower cures ell breaches of eny otner covmants or a�ramenta of Sorrower conmincd in thta Deed W
<br /> `� - of'C�us�(c)Bosrower pays all n�.conable acpa�ses incused by Leader aad Trusree in enforcing the covenants and agr�ufF Horrower L
<br /> � contained in this Deed of ltust,and in enforting I.eade�s and Trustce's remadies as provlded in paregaph 17 hato�including,but ztot ltmited .
<br /> to.ressonable attomeys'fees;and(d)Botrower takes snch aetion as Lender may Kasoasbly re�uire to assure that the tien of this Dtod of Tmst. �`
<br /> . Lenda'B intcrest in tt�e Property and Borrowers oDligatioa to pay the sums secured by this rieed of 7tust shap oonUinue wUmp�air�od. Upon such ��'
<br /> payittent m►d cuic by Bor�ower.this Deed of 7tusi and thB obligations sxurcd heieby shell a+emein in tWl toece an�D effect an if no eccele�atioa .,
<br /> had occwred. �.�f:
<br /> _ � ��
<br /> _— ;- -_.__..� '11�Tig AQKA.cF.COND MORTGAGE-1/80 F'NN7.dJ�HLMC Q1VI�ORM INSI'R PnBe 3 of 4 Fotm 381ii �_;:.
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