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<br /> A� 9.Condemnetion.The proceeds of any award or claim for damages,dircct orconsequencial,in connec:ion w t �
<br /> any condemnation or other taking of the Property, or part thereof, or for conveyance in Ilcu of mndemnution, are =
<br /> hereby assigned aud sball be paid to Lender, sub�ect to the terms of any mortgage, deed of trust ar other security =
<br /> agteement with a lien which has priority over this Deed of Trust.
<br /> , 10. Horrower l�Tot Releused; Forbeurnnce By Lender Noi n Waiver. Extensian of the time for payment ar �
<br /> modification of amortization of the suins secured by this Deed of Trust granted by L,ender to any successor in
<br /> interest of Bonower shal! not operate to relcase, In an� manner, the liabiliry of the origInal Borrower and _
<br /> � Bonower's successors in interest. Lender shall not be requ�red to commence proceedings against such successor or �
<br /> refuse to extend time for payment ar otherwlse modify amortization of the sums secured by this Deed of Trust by
<br /> � reason of any demand made by the or�ginal Borrowcr and Bonower's successors In interest. Any forbearance by
<br /> Lender in exercising an�right or remedy hereunder, ar otherwise afforded by applicable law, shall not be a waiver
<br /> } of or preclude the exerase of any such right or remedy.
<br /> f 11. SuccessoB e�nd Asstgns Bound; Joint and Several Liabillty;C�-sigae�y. The covenaats and agreements
<br /> �, herein conteined shall bind,and the rights hereunder shall inure to, the respective successors and assigns of Lender
<br /> ` and Boaower, subject to the provisions of puragraph 16 hereof.All covcnants and agreements of Borrower shall be
<br /> joint and sevcrel. Any Bonower who co-signs this Deed of Trust, but does not cxecute the Note, (a)is w-signing
<br /> ,� T this Deecl of Trust onl y to gtent and convey that Bonowcr's intcrest in the Property to Trustee under ttu terms of this
<br /> Deed of Trust, (b)is not personally liable on the Note or under this Deed of Trust, and(c)ngrees that I.ender and
<br /> any other Borrower hereu�ider may agree to extend, modify, forbear,or make any other accommodations with regard
<br /> ��''` to the terms of this Deed of Trust or the Note, without that Bonower's consent and wlthout releasing that Bonower
<br /> �'' or modifying this Deed of Trust as to that Bonower's intcrest in the Property.
<br /> 12.Notice. Except for any notice requlred under applicabie law to be given in another manner, (a)eny notice to
<br /> ,� Burrower provlded for in this Deeci of Trust shatl be given by deliveting it or by mailing such notia by certified mail
<br /> addressed to Borrower at the Property Address or at such other addrass as Borrower may desIgnate by notice to
<br /> I.ender as provided hercin, and (b) any nodce to I.ender shall be given by artified mail to L,ender's eddress stated
<br /> '�. herein or to suen o�aer address as Lender may designace by nocice [o Borrowcr n� proviJc�i horcw. A,►y uotii;e
<br /> provided for in this Deal of Trust shall be deemed to have been givea to Borrowex or Lender whea givtn in the
<br /> manner designated herein. — _
<br /> , 13.Governing I.aw; SeverAbllity.The state and local laws applicable to this Deed of Trust shall be the laws of —
<br /> .� the jurisdiction in which the Property Is located. The foregoing sentence shall noc limit the applicabillty of federal
<br /> . law to this Deed of Trust. In the event that any provision or clause of this Deed of Trust or the Note conflicu with
<br /> : applicable law, such conflict shal► not aifec[other provisions of chis Dad of Trust or che i�fu�e which c:u�be giveu - - -
<br /> " effect without the contlicdng provision,and to this end the provisions of this Dad of Tnist and the Note aze declared , •
<br /> �`• to be severable. As used herein, "costs," •'expenses" and "attomeys' fees" include all suans to the ex�ent not "'=
<br /> - prohiblted by applicable law or Umited herein.
<br /> ; 14.Barrower's Copy.Bonower shall be furnished a conformeci copy of the Note and of thia Deed of Trust at
<br /> ' �� the time of executian or aftcr recordation hereof.
<br /> '. 15. Relwbilflution I.oan Agreement. Bonnwer shall fulfill xll of 9orrower's obligations under any home
<br /> ., ;� rehabilitation, improvement, repair, or other loan agrament which Borrower enters into with Lender. Lender, at
<br /> w Lender's option. may require Borrower to eaecute and deliver to Lender, in a form ucceptable to I.ender, an
<br /> assignment of any ri�r.t�ts, clalms or defenses which Borrower may have against panies who supply labor,meterials or —
<br /> � services in connec�ion with improvements made to the Property.
<br /> �� 16.Transier of the Property or a Beneftcial Interest in Borrower. If all or any part of the Propeny or any _
<br /> interest in it is�old or transfened(or if a beneficial interest in Borrower is sold or transferred and Borrowar is not a
<br /> _ � natural person)wi�hout I.ender's prior written consent, I.cnder may, at its opt{on,require immedlate payment in full !�'%-=�
<br /> of all sums secund by this Deed of Trust. However, this option shall not be ezercised by Lender if ezercise is �,;-�
<br />`_ prohibited by feder� law as of the date of diis Deed of Trust.
<br />- • If Lender exercises this option, I.ender shall give Borrower notice of acceleration. The notice shall provide a ��� , ,�
<br /> , period of not less than 30 days fram the datc the notice is delivered or mailed wiihin which Borrower must pay all �. .,� •
<br /> sums secured b this Deed of Trust.If Borrower fails to a these sums rior to the ea iration of this riod, L.ender .''�'"� ��.`._
<br /> Y P Y P P Pe �.�i��_
<br /> may invoke any remedies permitted by this Deed of Trust without furthcr notice ordernand on Borrower. .,n..j�,;;�
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<br /> NON-UNIFORM COVENANTS. Bonower and Lender funher covenant and egree as follows: �-°'.'��
<br /> 17. Accelemtion;Remedies. Except as provided in paragraph 16 hereof,upon Borrower's breach of any . :._,�"=
<br /> covenant or agreement o[Borrower in this Decd of Trust,including Borrower's failure to pay,by the end of � �
<br /> 10 celendar days aEt�er they are due,any sums secured by this Deed of Trust, Lender prior to acceleratton shall
<br />° give nottce to Borrower as provided in paragrnph 1Z hereof speciFying:(1)the breuch;(2)the actton required to
<br /> cure such breach;(3)a dute, not less than 20 days from the dute the not(ce Is meiled to Borrower, by which
<br /> such breach m��.st be cured;and(4)that failure to cure such breach on or beFore the d�te spectFied(n the nctice
<br /> Form 3828
<br /> ��•76(NE►�seo2� Poge 4 0l 6 Nmais: '
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