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<br /> 10. Borrow�r Npt R�I��s�d;FpH�+�r�nc�By Land�r Not�W�Iv�r.Extenslon o1 tli�tlmo for payment or modilicatio� ._
<br /> ol amortlzatlan of the eums aecured by thls peed of Trust granted by 1.onder to any successor in intorest of 6orrowor shall `-�;,-,,_,.
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<br /> not operate to release,in any manner,the Ilabillty�of thn original BArrower and Borrower's euccossors In Interest Londer shnll y ��aL°•
<br /> � not be requlre�d to commence�roceedings agalnst cuch successor or relusc�to extend t►me f�r payment or otherwise modify ,„�;n.,,
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<br /> amorAzallon ot lhe sums secured by thls Deed of Trust by reasan ol any demand made by tho original Borr�wer and .,;�m��•
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<br /> Borrowar's succeasors In tnterest. Any forbearance by L�,nder In exerclsing any right or remedy hereunder, Of nth9fW189 •.*r: �_
<br /> aflorded by appllcable Isw,shall not be a walver of or preclude the exerclse of any euch rlght or remedy. _�_r;:�-_�__
<br /> 11. Succ�sson and A�sl�ns Bound;Jolnt�nd Sw�l LlsWlity;Ca�l�n�n.The covenants and agreements hAreln r`
<br /> contalned shell bind,and the rights hereunder shall inure to,lh►e respective successors and aswlgnc of Lender and Borrowor, �_,����'°�--:
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<br /> ,�sY� subJect to the provislona of paragraph t6 heraof.All covonants and egr e e m e n t s o f B o r r o w e r s h a l l b e j o l n t a n d s e v e r a l.A n y ��
<br /> • Borrower who co-s!gns this Deed of'lYuat,but does not exacute the Note,(a)is co-signing this Deed of Trust only to grant and �=�_
<br /> convey that Borrower's interest in the Property to Trustee under the terms of this Deed of Trust, (b)is not personally Ilable on
<br /> -:�. � the Note or under this Deed ot Trust,and(c)agrees that Lender and any other Borrower hereunder may agree to extend,modify,
<br /> forbear, or make any other accommodations with regard to thu terms of th(s Deed of Trust or the Note,with�ut that Borrower's
<br /> consent and without releasing that Borrower or modifying this Deed of 7rust as to that Borrower's interest in the Proparty, �-��_
<br /> - 12. Notice. Except for any notfce requlred under applicable law to be given in another rnanner, (a) any notice to
<br /> Borrower provided for in this Deed of Trust shall bo given by delivering it or by mailing such notice by certified mail
<br /> addressed to Borrower at the Property Address or at such other address as Borrower may designate by notice to Lender
<br /> � as provlded hereln, and (b)any notice to Lender shall be g(ven by certiffed matl to Lender's address stated hereln or to
<br /> ' such other address as Lender may deslgnate by notice to Borrower as provided herein.Any notice provided for in this Deed
<br /> �' of Trust shall be deemed to have been given to 8orrower or Lender when given in the manner designated hereln.
<br /> 13. Governing Lew;Severabllity.The state and local laws appticable to this Deed of Trust shetl be the laws of the �
<br /> Jurisdictfon in whlch the Property is located.The foregoing sentence shall not limit the appllcability of Federal law to thls
<br /> Oeed of Trust.In the event that any provision or clause of this Deed of Trust or the Note conflicts with applicable law,such
<br /> conflict shall not affect other provisions of thfs Deed of Trust or the Note which can be given effect without the conflicting
<br /> � provision,and to this end the provislons of this Deed of Trust and the Note are declared to be sevArable.As used herein,
<br /> • "costs","expenses"and"attorneys'fees"fncluda all sums to the extent not prohibited by applicable Isw or Iim(ted herein.
<br /> 14. Borrower'u Copy.Borrower shall be furnished a conformecl copy of the Note and of this Deed of Trust at the time
<br />- �' of execution or after recordation hereof.
<br /> - . . 15. Rehabllltatlon Loan Agreement.Borrower shall fulfill all of Borrower's oblic�ations under any home rehabilitation,
<br /> �:��;� improvement, repair, or other loan agreement whfch Borrower enters into with Lender. l.ender, at Lender's optlon, may
<br /> requ fre Borrower to execute and ciHliver to Lender, in a form accoptable to Lender,an assignment of any rights,cla(ms or
<br />- � � defenses which Borrower may have against parties wno supNiy iauo�, ratsrla�� or ��r:'!cs� !•^• connF`erin� with
<br />= improvements n�ade to the Property.
<br />- 16.71�ansbr of Properly or a Benefi��al Intereat In Borrower.If all or any part of the Property or any interest in it is sold
<br />:s, � or transierred(or if a beneficial interest in Borrower is sold or transferred and Borrower is not a natural person)without Lender's
<br /> -"�� �� �� prior written consent, Lendor may, at its option, require immediate payment in full of all sums secured by this Deed of Trust.
<br /> � However,this option shall not be exercised by Lender if oxercise is prohibited by federal law as o f t he da te o f t his D e e d o f T r u st.
<br />'�+w+.• , -�{ If Lender oxercises thls option,Lender shall give Borsower notice of acceleration,The notice sF�all provide s perial of
<br />����' ����'�r not less than 30 days from the date the notice is de l ivere d or ma i l e d w i t h i n w h i c h B o r r o w e r m u s t p a y a l l s u m s s e c u r e d b y
<br />��^�`'"'"` this Deed of Trust.If Borrower fails to pr�y thnse sums prior ro the expiration of this period,Lender may invoke any remedies
<br /> LL;_�„�. ��,• ' permitted by this Deed of Trust without further notice or demand on Borrower.
<br />-<_rfi�..__ �.• NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows:
<br />�-���.r 1'7. AccNendion; Remedbs. Except aa provicbd in p�reig�aph 16 hereof, upon Borrower's breech of any
<br /> _-_-::;�.r,: �nar�t a�groement of Borrower in this Deed ofTrust,Including Borrower's tailuro to pay,by ths end nf 10 caisndsr
<br />�q';,1-r; .. �ays aftx they�ro due,any sums aecured by ihis Deed of Trust,Lander prior to acceleration shall givs notice to
<br />�"•;�=•.:•,� gprrower as provided In para�raph 12 fwreof specffying:(1)the broach;(2)the actian ro�luired to auro such br+s�ch;
<br />_ . . .._ (3)e dats.not less than 20 days trom t�date tt�e notice Is malled to Borrower,by whlch such breach mutt bs cursd;
<br />_`;'ti___ . end(4)that iafluro to curo such lxeac h on or b e f o r e t h e d a t e s p e c M b d I n t h e notice rt u ry rosutt�e acoeleratlon of the
<br /> ' sums secured bY th�s Deed of Trust and s�le of the Prope�tyThe notice ahall further Inform Borrowar ot the►i�ht to
<br />-'°".:f .. reinsta0e after accekration and the Nght to bring a cou�t acdon to assert the nonexistsnce of a defautt or any other
<br />�L�w., defense of Borrower to eccebretion+and sab.H the txeach Is not cured on or beforo tt�e date specifkd in the notice,
<br /> __ , �,,,,�,_ _ Le����,�r�s�ptlon� may declare all of the sums secue�ed by this Dsed of 1Y�st to bs Immediatsly due end -
<br />-,�'".,,r, paysbls without furtix+r demand and may Invoke the powe+�of aab end any otf�ar remedies parmittcd by applicable
<br /> '��'' law.l�ender shall be entitlad to aollect ell reasonable co�ts and expenses incurred In pursutng the remedbs ProvWed
<br /> . �, .
<br /> � in thls pera9raPh 17,Induding,twt nat Ilmited to,reasonable attorneys' .
<br /> It the power of sab Is invoked,'�vstee sha�ii rocord e notice of default in:;ach county in whlch the Property a'
<br /> aome pa�t thereof is located and shall mall coples of such notice In the manner proscHbed bY aPi►�IcaWe�aw to -
<br /> I . Borrows�and to the other persons Prescribed by applkabi°Is�►•An°+'the IaP�°of such tims ss may be roqu�red
<br /> .. � by•ppi�cawe iriv.7Fustee shall giws public notics of sak to the person
<br /> s and in the manner prosc�ibsd b1►ePM��
<br /> Iaw.Trustee,without demand on Borrower,shall sell the Property at public auction to tha hlghest bldder et the tims _._ _
<br /> and place end under the terms desigoated in the notice of sale in one ar more parcels and in such order as Trustee �-��
<br /> � may determine.Trustee may postpone sa{e of ell or any parcel af the Property by public announcement at the time =R-_-
<br /> ���:
<br /> arsd placa of any prevtousry acheduted s�le•Lender or Lender's deslgnee may purchase the Property et any ssle. �,�,`
<br /> Upon roceipt of payment of tha price bid,7rustee shall deliver to the purchaser Trnstae's dead conveying the .
<br /> property sold.Tlws recitals in thelFustee's dee�d shall be prima facle�vicier�ot the tn�th of the statements made thereln•
<br /> .- -•-�---��..........��.,.,�,.r�.��A►to ell reasansble costs and expensea of the sale, °
<br /> --.-- Trustee shan appry me proc.�s ,
<br /> v�u�o�a.o.............�--...�-•----.-. ---.-
<br /> including,but not Iimited to,Trustee's fees ectua�ly�ncu�red of not mo►e than 9'0 oi ther groas sab price,
<br /> = � reasonabte attorneys'fees and costs of title evidence;(b)to all sums secured by this Deed of Trust;and(a)the
<br /> _ � excess,if any,to the person or peraons legally entitled theroto.
<br />- { 19, gorrower'�Right to Re{nstate.Notwithstanding Lender's a�celeration ot the sums secured by this Deed of Trust,due
<br /> - , to Borrowers breach, Borrower shall ha��e the right to have any proceedings begun by Lender to enforce this Deed of Trust
<br /> � , discontinued at any time prior to the earlier to occur of(i)the fifth day betore sale of the Property pursuant to the power o�salF
<br /> _ � contained in this D�ed of Tn�st or(ii)entry of a judgment enforcing this Deed of Trust if:(a)Borrower pays Lender all sums which
<br /> � would be then due under this Dee�ot Trust�nd the Note had no acceleration occurred;(b)Borrower cures all breaches of any
<br /> - ! other covenants or agreements of Borrower contained in this Deed of TrusY:(c)Borr��ver pays all reasonable ex.penses incurred
<br /> � by Lender and Trustee in enforcing the covenants and agreoments of Borrower containeci in this�eed of Trust,and in enforcinc�
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