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<br /> 9.CondemnAtlon. Thc procccds of nny uwnrd or clnim for damagca,dircct or cansequcntiul,in connection with -��
<br /> � any condcmnation or othcr taking of thc Property. or pnn thcrcof, ar for convcyance in lieu of condcmnation, arc
<br /> ' hcrcby assigncd and shall bc pnid to l.endcr, st�l��ect to►hc �crms af any mortgagc, dacd of trust or othcr security
<br /> �� „ ;� agrcement with a Ucn which has prioritY��ver thly Dced of Trust. �
<br /> -.f; 10. Horrower Not Relea�sed; Forbe�mncc By l.ender Not a Wulver. Extension of thc timc for payment or
<br /> ' modification of amortir.atfon of thc sumy secured by this Deed af Trust granted by Lender to any successor in =.
<br /> interes[ of Borrower shall not operate to relensc, ln m�y manncr, the liabillty of the original Barrower and
<br /> �,',""_..,-_�.r�� Borrower's successors in intecest. l.ender shall not be requtred to cammence proceedings against such successor or
<br /> � refuse to extend time far paymcnt or othenvise modify amortizution of the sums secured by this Deed of Trust by
<br /> reason of any demand made by the original �orrowor nnd Borrower's successors in intcrest. Any forbearance by
<br /> i.endcr in exerclsing an�right or remedy hercundcr, or otherwisc affordcd by applicablc law, shall not bc a waivcr
<br /> � of or preclude thc exerc�se of any such right or remedy.
<br /> 11. Successors and Asslgns Bound;Jotnt and Severol LtablUty; Co-signers. The covenants and agreements
<br /> herein contained shall bind,and che rights hercunder shall inure to, the respective successors and assigns of L.ender
<br /> ' a�id Bonower, subject to the provisions of paragraph 16 hereof.AU covenants and agrecments of Borrower shall be
<br /> ;. joint and several. Any Bonower who co-signs this Deed of Trust, but does not execute the Note, (a) is co-signing
<br /> � this Deed of Trust only to grant and convey that Borrower's interest in the Property to Trustec under thc terms of this
<br /> ;;, Decd of Trusl, (U)is �iot personally liablc on thc Note or under this Deed of Trust, and(c) agrees that Lendcr anJ
<br /> � � any other Bonower hercunder may agrce to extend,modify, forbcar, or make any other accommodations with regazd
<br /> � �. to the terms of this Deed oi Trust or the Note,without that Borrowor's consent and without rcleasing that Banower
<br /> ' or moditying this Deed of Trust as to that Bonower's interest in the Property.
<br /> �; 12.No4iee. Except for any notice required under applicable law to be glven in another manner, (a)any notice to
<br /> � Borrower provided for in this Deed of Trust shull be given by delivering it or by mailing such notice by cenifled mail
<br /> �� addressed to Borrower at the Property Address ar at such other address as Bocrower may designate by notice to
<br /> Lender as provtded hercin, and (b) any notice to L.ender shall be given by certified mail to Lender's address stated
<br /> herein or to such other address as Lender may designate by notice to Borrower as provided herein. My notice
<br /> provtded for In this Deed of'frust shall be decmed to have been given to Borrower or Lender whcn given hi che
<br /> � manner designated herein..
<br /> 13.Governing Law,Severability. The state and local laws applicabie to this Aeed of Trust shall be die laws of
<br /> __'� the jurisdiction in which the Property ts located. The foregoing sentence shall not limit the applicability of federal
<br />- - �- -��i �aw to this veed of Trusi. In ihe cvc�d iliai auy piu�ibiOII oi:.iansc of:his Dccd af Tzuss o:she*!Qte cQnfliets with .
<br /> �� applicable law, such conflict shall not affect other provisions of this Deed of Trust or the Note which can be given
<br /> ;� effect without the conflicting provision,and to this end the provisions of this Deed of Trust and the Note aze declazed
<br /> to Ue severable. As used herein, "costs," "expenses" and "attorneys' fees" include all sums to the extent not
<br /> prohibited by applicable law or limited herein.
<br /> 14.Borrower's Copy.Bonower shall be furnished a conformed copy of the Note and of this Deed of Trust at
<br /> the time of execution or after recordatlon hereof.
<br /> . IS. Rehnbtlttstion Loan Agreement. E3onowcr shall fulfiU all of Bonower's obligations under any homc
<br /> ' reliabilttation, improvemen[, repair, or othcr loan agreement which Borrowcr enters into with i.ender. Lender, at
<br /> Lender's option, may require Bonower �o cxccute and deliver to Lender, in a form acceptable to Lender, an _
<br /> assignment of any rights,claims or defenscs which Bonower may have against parties who supply tabor, materials or
<br /> services in connection wich improvements made to the Property,
<br /> 16.TransPer of the Property or a Benefictal Interest in Borrower. If all or any part of the Property or any
<br /> interest in it is sold or transfened(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a
<br />_ natural persan)without Lender's prior writ[en consent, l.ender may, at its option, require immediate payment in full
<br /> � of all sums secured by this Ueed uf Trust. However, this option shall not be excrcised by Lender if exercise is
<br /> prohibited by federal law as of the date of this Dced of Trust.
<br /> If Lender exercises �his option, Lender sliall give Borrower notice of acccleration. The notice shall provide a
<br /> � � period of not less than 30 days from the date the notice is delivered or mailed within which Borrower must pay all
<br />_ , sums secured by this Deed of Trust. if Borrower fails to pay these sums prior to the expiratlon of this period. Lender
<br /> may invoke any remedies permitted by this Dced of Trust without further notice or demand on Bon�wer.
<br />_ � NON-UNIFORM COVENANTS.Bonower and L.ender funher covenant and agree as follows: —
<br /> - .,, 17. Acceleration;Remedtes. Except as provided tn paragraph 16 hereof, upon Bornnwer's breach of any
<br /> : . covenAnt or ugreement of Borrower tn this Deed of Trust,including Borrower's failure to pay,by the end of �
<br /> "' 10 calendar days af4er they ure due,any sums secured by this Deed of Trust,Lender prtor to acceler�tton shall __
<br /> sive notice to Borrower as provided in pnragraph 12 hereof specifying:(1)the breach;(2)the sctlon required to —
<br /> cure such breach; (3)u date, not less than 20 days from the date the notice is mailed to Borruwer,by which - :
<br /> ' such breach must be cured;and(4)tt�at Patlure ta cure such breuch on or before the date specifled in the notice
<br />- F rm 3828 �`
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