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<br /> - r��= 4.Caad�natFan.Tt�e of an award or ciaim far ,direct or c�rn�i6 —�on rrit6 _-
<br /> t ^^-.�.—°�.�_°-."-"�.-'� any oonde�aation or other taIu�'n�of the Pro d�� eyaace in lien of conde�atian,are
<br /> g perty.or part thereof,ar for canv ien
<br /> ��,��.•� . here6y assigaed and shall be paid w Leas2er, subjea w the terms of any mortgage,deed of unst or other seauity
<br /> .�°�� agrcemettt with a lien which has prioriry over this Dced af Trust. -
<br /> � - � - 10. Hoarm���Piot FSeleased;For6�•A**•�gy I�atler NoL s[�'mi�er.Euensioa of the time for paymeut or
<br /> ; ' ''h�:.:" -° mndifrrario� af�on of the sums secuied by this Deer3 of�'iaast gcante9 6y Lender ta aay successor in �
<br /> ;�;� .;h��9<�.��: �: inze�t �►`_ B��wer sbail not opezate to release, m a� mam�.r..�e liability of the original Borrowet aad '°�
<br /> s��'�;.
<br />:'�<;�'��� :;n:.i-' ';, �aFao�s s�r�urs ia interes� Y.endar shall not be requued ta mm�enoe pmceEdings against sucb suacessar or
<br /> '' ��``' �'�` '' ref�se to eue�time for paymait ar otheiwise modify amurtization of the snms s�ued by ifis Deed of Tnist by
<br /> ,. :��.�' � ;
<br /> ,_,;:. ..' �4 reason of aay demand madc by[he orig�al Borrower and BomnwePs successa�s ia intecQSt. A�r forbearaace_lry •
<br /> s•:� ' Leader ia exec�ising aay cight or re�edy hece�mder. or otheiarise afforded by applisable law.shaU uot be a�vaiver -
<br /> `. r- ": ' of or preciude the exenise of any s�cch right or iemedy.
<br /> _ . '. .� 11. Suocessors and Asstge�IIo�d:Jofat end Seveal Uabtlity:Co3igiers.The coveQaaa end agr�eemenu .
<br /> ;. � � herein contaiaed sl�all bIad.and the rights hereiwder ahall inure w,the respective successors aad assigaa of ixader
<br /> __ . � ` y�,�; :r aad Borrower, snbject to the pmvisioag uf paragrapb 16 dereof.Ail raveaaAts aad agieements o!Bormwer aha11 he
<br /> . - ` ,:�� Joint and asveial.A�r Borrower who co-signs Wa Deed of Trust.but doea not eaecute ttie Note.(o)is oo-signia�g
<br /> this QeeO o!Trust o a�y to gcant artd canvey Ihat Bonower'a ioterest in the Pco�sc�ty to?rustea under tQe terms of tAis
<br /> _ ,_ _ .. pe0d of Trust.(D)is not pereonalty l�able o»ttte Noie or ua�er thia QeeQ of Tcust.anA tc)agrces tha�L,en�er aad -
<br /> ��., � . , --.''�� any other Bonower tce[eeindcr may ngree co excend.moditj+.[orbear.or make any other accotam�ndations with regard . .
<br /> t ta the tetsns of thia Qc�of Trust or thc Notc.without that Borrawer's consent and without releasing that Borrower
<br />_ ''� or modiEying thla DPed of Tcust os to that B�rrower'e interest in the Fropercy.
<br /> • i�.Notice.�cept for asry aottae requlred uader applicabie law to tre given in a�ther manacr.ta)anyr aadce to
<br /> _ - : � Bo:mwer pmvided for in Wa Dcec!oP T�st sUall be gtv�by delivering it or by maiiia�sucb notice by certifiEd mai! --
<br /> -• � �~ • addr�ssed to Barrower at the Property Address or at such other address as �osmwer may designate by nodce to .
<br /> Lender as provided�erei4 and(b)ar►Y noitce to l�nder shall be given by certiSed mail to leuder's a�es4 stazed
<br /> =;" '�,, . . herein os to sucb other addre�ss as Lender may designate by notice to Borrower as pmvided herein. Any nouce ��.
<br /> � "..�. proWded for in this Deed of Tmst shall be deemed to have beea given to Bflrrower or Ixnder whea gtven in the
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<br /> IIl�EL�$�31��IEICfn.
<br /> ' , 13.Govemtng Law;Severability.The state and local la9vs applicabte to tbis Deed of Trust sball 6e the laws of �
<br /> �� �. ,:• . �. the jutisdictioa in w�ich the Ptoperty is tocated.The foregoing senteace shall not limit the applicability of federal
<br /> �. � • • F � law to this Deed of Tzust. In the eveut that any provisivn or clause of this Deed of Trost or the Note conflicis with
<br /> �' ' � applicable Iaw,such contlict shall not affect other pmvisions of this Deed of Tnut or the Note ahic�caa 6e given
<br /> ni
<br /> �.' : ��.,•.. effect aithout the conNaing provision,aad to this end tiie pmvisIons of tlils Dced of Tmst and[he Note am declazed
<br /> � to be severab2e. As nsed hecew, °costs," ••expenses„ aad •.attoraeys• fee.s" Incinde ail s�ns w the exteut nat .
<br /> �� ' '' ��� ' pm�'6ited hy applicable law or limited herein.
<br /> =7' . '► . 14.Bosro�veNs Copy.Borruwer shall be fiunishe�a conformed copy of the Note aad of this Deed of Trc��
<br /> �� : � . the dme of er�,�utian or after recordatian herenf. �
<br /> ` ' 15. Rel�2billtatioa Loan Agteet��t.Borrower shaU ftilfiU �L of Bo:rower's obligations�mder aay home '
<br />_�• �,;� rei�abiiitation, imProvement. iePair.or oti�er loan agreement wlucb Bornower e�ters into with Lendes. Lender. at �
<br /> � '' • .. Lesder's optton, may rec�a-Bonuwer to execate � deliver to Lender, m a farm acceptable to Leader. � -:;-
<br /> a�igament of any r�ghu.d�;..�as or defeases wt�ch�a*t�er may have against parties who supply tabor,mateiiats or �:
<br /> �.�'. . . - � s..�v i ce s i a o a�o n w i t h s m p m v e m e n t s m a d e t o t h e P r o p e r t y. . `�.-:
<br /> �: .., . 16.Tr^�er of We Properiy or a Beaeftdal Interest in Horrower.If ail or a�r an of the Pmpeny or any
<br /> %. inierest in it is soId or�ferred(or iP a beaeSclal interest in Eomnwer Is svld or�erred aad Burrower is not a �
<br /> , � nataral pe�san)wifhout Lender's priflr wriuen coasent,Lender may,at its opt�on,mquire immediate paymeat in fiill
<br /> . .�. c�all sums secuced by[his DeeA of Tiust. However, c�his aption shall not be eaerciso�by I.ender it exeni:e is :.
<br /> � ��hibited by federal law as of the date of this Deed of Ti cust.
<br />�:f� �. . . . If l.ea�er exercises tbis apdon. L,euder shaU gtve�a�rower notIce of acceleratfon. The noflce ahall pmc�a
<br /> }� period of not t�s thaa 30 days from the dace the aot�ce is delivered or mailed aithia aluch Bonower must pay all �
<br /> �'� .�� '.:' . �. :_ stmLS secure0 6y this Deed of Tmst.If Borrower faiis to pay these sums prior to the eaplration of this period.Leader �
<br /> may invoke aay remedies�mitted by this Deed of Tnut arithout fiuther nottce or demand on Bormwer. � • �
<br /> NON-LTIIFORM Gt?VBNANTS.Borrower and P�rn1er further covenant aad agxee as follows: � `
<br /> ' ' 19. �e�leratlon;R�edtes. Except as pravtde�9 in paraprapb 16 hereof,ujcon Harrower's breacb c4 any
<br /> � oavenamt cor egreemeat of HorroweP tn this Deed oi Trast,inct¢dieg Borrower's PaIIure to pay,by the�c�f
<br /> ` 10 catendard�ys after they are due,any sams secar2d by this�of Trast,Lender prlor to acceletatto��al1
<br /> + glve nottce t Ffirnawe�as pravlded ta parag�raph 12 hereof specifying-p)tQe bneac6;t2)the act[on r�to
<br /> � cure suc6 braach;(3)a dat�not Ies�than ZO days flrom the date We notice ts amaile�to Borrower,by v/hicb '
<br /> . sucb brascb must be a�ed;and(�t6at Paiture to cure sucb brach oa or betore the date specitied tn the aaYtce
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<br /> � ' �•78(NE)(98041 Peps 4 ot 6 hnllets
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