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<br /> � t0. Borrower t�o4 R@t@a�aQQ;Rar�t�8etce�y L+eadc�r IVot A 1il�ahrc�r.Extenston of the time tor payment or modi�catior� ,�� ° �:� �
<br /> ��.;�c< i:�;: ot amortiza�on of the sums secured by thts Daed af Trust grantad by Lander Ea any successor in Inter�st o!Borrowe�shali not �-�.�,� <<:�. .
<br /> opera�to refeas�,in asry manrter,the iia6[lity of tha orfginsf BoROwer and 8orrower's su�cessars in interest.Lender shati not `' ••
<br /> ;• � � �°- :. .
<br /> ��. v:-�`-,� �. «':� 6e required to camrrtence prooeedings egsInst such suc�ssar or refuse ta extend time br payrr�rrt ar atherwts�mod#iy � � � . ,=��;: ,.
<br /> � ' amartizationofthesumssec.�►r�dbythis0eedof'�frustbyr�asonotanydemandtr�adebyt�eoriginafBorrowarandBorrower's t .. ��t ��.
<br /> , ,-F � >, � � suocessors in interest.My forbearsrtce by Ler�ilet[n exerdsing eny.rtgttt ot rerttedy hereunder,or oihetwise afbrQed Oy �I . , .�4'..?
<br />. ,' . v � app�ica�te law.shaii no!be e watver ot ot prectude the exerCise af arry such�ight or�eemedy. ti� � � ���: ..
<br /> _ ` � .. :�• 11. Successors andl5�stg��ound;Jotnt�nd Se►ver�11 Llablltty;Co-slgnera.The covenants and egreemer�hereln � - .
<br /> _. �'. ��contained shap bind,an s t he�tg h t s�ere s u e der s h a i l i nu r e t o,t h�ro s p e c t t v e s u c c e s s o r s a n d a s s f g n s o f L e a d e r a n d B o r ro w e r. � •
<br /> ;: . �.. �su6jecE to the pravis[ons af par�qraph 16 hereoi.AII cavenants and agreements of Borrower shall be jolrn and severel.My � :.: •, :
<br /> -- ``�� Borrawer who co-signs this Deed of Trust,but does nat execute the Nate,(a)is co-stgning this Deed cf Trust anlyto grent artd � ��:�•��.�� ' �
<br /> �--�'"� ` �yey thffi gciro�yer's inieresi 3n th�Property to Trustee under the tertns W this Deed of TNS�(b)is not personalty liable on a° _r�_
<br /> '`. "� ` .�'�� the Note or under this Deed of Trust,and(c)agrees that Lender and arryather Bor�oYVer hereunder may agree to extend.modity. �
<br /> � . torbsar,ormat�anyotheraccommodationswiihregardtothatermsofthisDeedofTrustortheHote.withoutthatBorrower's �
<br /> - ,�°=� �. consent arM witttout reteasing that Borrouver ot modtiy►ing th[s Qeed of Trust as to tt�at Horrower's interest in the Property. : ;�w'... •��`��:,
<br />-- �- - - 12. [11otic�Exceptforanynoticerequi�edunderapplicabtetawtobagiveninanothermartner,(a)anynoticetn8orrcwer -� -
<br /> �� praviQed tohn thts Deed oiTrust shaU be given by delivering it or by rttailing such naUce by certified maii addressed to Borrower � � � ��; �
<br /> � �,,� � aithe Proparty Address ar at such other address as Borrower may designate by nattce to Lsrsder as provided heretn,and(b) �_��-�_
<br /> . . atryrtattcetolendersha!l6egivenbycertiftedmailwLend�r'saddsessstatedhereinortosuchotheraddressasLendermay - _
<br /> � � � deslgnatebynaticetoBorrowerasprovldedherais�.MyrtaticeprovEdedforinthis�@edafTrustshallbedeemedtohavebaen � .� -, _
<br /> .. given to B�rrower or Lender�vhen gfiren in the rrtanner designated herein. :� �: .-_-;-_
<br /> � "`��•`�:' . 'i3. QavemingLsw;Severability.Thestffieandtocallawsapp�cabtetothbQeedofTrustshaUbathetawsafthejurisdidion , ----
<br /> : �:.-��.r in which the Property is located.The toregoing sentence shall not iimit the appf�caioility ot Federat taw to thia Deed of Trust _ �:`��r .
<br /> � _ �n the ever►t that any provision ar clause of thi�Oeed of Trust or the Note confl,'cts with appiicabla law,such conflict shall not � ___
<br /> ' ` . ` . affect other provisfions of thls Deed of lirust os the Note wt�tch can be given eflect without the conflicting provistan,and to this �
<br /> `� end th�provtsions of this Oaed of T►ust and the iVote are dectaredto 6e severabla As used herein,"costs';"expenses"ansi � -� �
<br />_ --:-',�-�=-����=�• �,� "attomeys'faes"include a!I sums ta the exteM not prohibited by applicabta taw or limitsd herein. � �
<br /> .'1, .
<br /> `` 14. �arrovirer's Capy.Borrower shalt be furnished a coniormed copy af the Note and of this Oeed of Tni&t ai the time ot ,.�`. �`���
<br /> �'� � � executton or aftar recordaGon hereof. , ��
<br /> � ' 15� Qteha�tlitatton Loan,�Lgreemen4.Borrowar shall fulfiil aIl of Sorrower's obtigattons under any home rehabilitaUon. �,:�-_
<br /> ���•' � tmprovemer�t,repair.orother toan agreemeniwhich Borrawer enters inw uvitb Lender.Lender,at Lertder's opUon.may require •, ':_ _
<br /> ' � -� Borrower to execute and deliver to Lends�in a torm acceptable to Lendar,an ass[gnment of arry rfgfits�ctalms or detenses ; x�.�
<br /> `� ��% vuhich Borrower may have against parties who supply labor,materiats or senrtCes in connectton with improvemet�ts made to� � ���_
<br /> � .� ` the Property. � �` �.-
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<br /> 4 ' - 16. 7Pans4er of Prop��or a�erteftafal tnterest�Borrazver.If ali or any part of the Property orany ir�eesi in it is soid , �
<br /> �:..::....:... . - ' _.�
<br /> . artransferred(or if a beneficiat interest in Borrawer ia sold or transterred anQ Borrower is nata naturat person)w�aut Lender's +�,',� �° _
<br /> � ` � .� prtor written consarti.Lender may.at(ts option,require immediate payment in tuli of ali sums secured by this Oee d o f Tius�t. , � : � '.:�:,_,
<br /> ' Hawever,this apii�n shall not be exercised by Lender if exercise is prohibited by federal law as of tha date of this Deed of Tnsst. :��_
<br /> � . .. ' _ tf lender exercisesthis opt�on,Lender shaii give BorroHrer�otice of acceferation.The notice shall provide a perlod of not T ���� ��.:�
<br /> ' tessthan30daysiromthedatethenatfceisdeliveredormailedwtthinwhichBorrowermustpayallsumssecuredbythis0eed � _-
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<br /> � ' of'I�ust.lf Borrower faits to pay these sums prtor to the expiration of this period.Lender may invoke arry remedtes pennitted � ?
<br /> by this Oeed of Trust without funher rtotice or depnand on Borrower. , •y�r�--�
<br /> . . . . -- - _ 's.�._,_.
<br /> � �� ��: NON-UNIFOAM COVEMANTS.Borrower and Lender tuRher covenant and agree as folfa�vs: ,;�:,,�` °, �R"y
<br /> � . . 17. Acceleretion;Remediea Exeept as pfovlded tn paragr�Ca 18 hereof,upon Borrawa�'s hreac�04 arry cavonant • .�. .. :��: ����--
<br /> ` � � ors reementotBort�oweri�nthfsDeedotltust,tacludin Borrower'staHuretoSay,bytheenBoftOcalendardaysatter r�� �--_
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<br /> � .' � � thsy ar+a due.arry sums s^�:u�ed by this Cee�ol7tust,Lender p�1or to acceteratton shaA gtve nouaa to Borrower as � . � -�-
<br /> provtded tn paragraph 12 her+aot specitying:(1)the breach;(2)Ne acttoa cequtred to cur�such breach;(3)a date,not �
<br /> � � � � �� � fessthan20ct�,�hvmthedatethertoUt.�ismaitedto8oriovrer,�}ywhtehsuchb�eachmustbacured;anQ(4)thattaittar� `" � ���
<br /> �:
<br /> � -� tocuresuc�bi�achonorbetorethedatespec{fladinthesoticeraayresulttnacceterattonofthesure�ssecuc�ed�y4his '� ��`����. '��-
<br /> � Cee�of TYuatandeateofthePeoperty.Thenoticeshallturtherintorm Bomowerofthe rightto r�inatate�racc+eteratton .'.=�;;.�
<br /> • ' .� " and the righ4 to bring e cour�actton to assert the nonsxlstence ot a Qefeuft or any other defense of @orrower to .. _
<br /> � acceteratton and sate.If the breach is no!oured on or betorethe data specifted tn the nottse,Lsnder,et Lender'e o�tlon, � -
<br /> � � .� � ' enay dectare a!i of the sums secured by thla Deed of Ttust to be ImmedfateJy due and payabte v�ritfiaut further demand . -- •
<br /> � : "�." "� andmaylrnokethepowerofsaieandarryotherremedtespemnittedbyapplicabtelaw Lendersha116eenttttedtocoIIect '� �� �
<br /> �...��`: � • etl reasonabte costs end e�enses ineurred in pu�utr�g the remodies provided in thla paragreph 1T,Ireeluding,But not � : � '
<br /> � � - Umt4ed to,reasonable a4Ca�cceys'feea �
<br /> � ' • Itthepow�rotsateisimroked,'nusteeshall�ecordanoliceofdefaultineachcountytnwhtchtheP�pert�lorsome � � ,. � .
<br />- � . . � � partthereolts�ocatedendshalimailcoplesotsuchnottceinthemannerprescribedbyeppftcahlelawtoBomowerand . . �. •
<br /> � � � to the other�easons prescribed�y appitcab�a law.After the fapsa of such time ae may be required dy appiicabie law, .. .
<br /> � � . Ttus4eeshaligivepublicnoticeofsatetotheparsoneandinthemannerpresctibedbyapplieabte[aw Truateo,withaut �
<br /> � demand on Borrower,shall s�ll tP►�Property a!pu�tiz auctlon to the htghest bidder at the tlme and gtace end under �
<br /> r: . � .� the terma destgnated in th0 notice of sale in one or more paree9s and In suc0�oNer aaTirustee may dFtermine 7irustee '
<br /> �, � maypoatponesal0ofa11oreiryparcolofthePropartybypvbl:cae�nouncementa�thetimeandptaceotanyprevlousty �' �
<br /> scheduted sa�e Lender or Lender's deslgnee may purchase t�a�aperty at arry sale. . . . �°'�t '
<br /> • . . Upon recelpt ot payment o1 th�price bid,Tivstee aha116�itver to the p�rchaser ltustee'e deed comreying the . � _ � :.
<br /> ; . . : i+�pertysotd.Therecttatsinthefias4ee'sdeedshalibeprimafacteevidenceo?the4rutha4thes�atementsmadeti�eraM. �
<br /> � Tivat�eshailapptythe proceedsof thesatein4hetoltowingorder.(a)toall�asonablecostsandexp0nsesof theaete, .
<br /> � � tnctuding,but not lienited to,Ttustee's fees eetuaity Incur�d o!not more than %of thegross sate pfle� � . � �
<br /> � . reasonable attomeys'feesand coats of ti31e evidence;(b)to atl surtts secured by�his Deed of Trust;and(c)ths excess� � . '
<br /> , if arty,to the person or persans Iegally entitted theneto. � ' . '
<br /> 18. Borrower's Right 4o Reinstate.Noiwithstanding Lender's acceieration o}the sums secured by this Deed of Trust, : � � . .
<br /> � - ': dueto Borrovrer's breach,8onovrer shait havethe right to have any proceedings begun by lender to entorce thls Qeed o1?tust •
<br /> � • , discontinued at any tlme prior to the earlier to occur o!(i)the flfth day betore sate o}the Property pursuant to the power ot safe � . � - -
<br /> � � corrtainedinthis0eedolTrustor(i�enlryofajudgmententorcingthisDeedolTrusti4:(a)BorrawerpaysLenderallsumswhich � ��
<br /> would be then due under this Deed of Trust and the Note had no acceleration occurred;(b)Borrower cures all breaches a}any � ��,.
<br /> ' � other covenants or agreements of Bonower contained in this Deed of Trust;(a)Borrower pays all reasonabte expenses incurretl ,
<br /> by Lender and Trustee in enforcing the covenants an�agreements of Borrawer contained inthis Deerl of Ttust,and in enforcing •
<br /> ... .
<br /> �-� . . tender's an8'irustse s remeti�es as NroviQed in�i8r8grapit i7 hereot.inciuding.but nat iisniied to.r�asanabie attotneys'fess; � � .
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