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<br /> � • 10. Borrow�r Not Rels��ed;Forb�eranc�By Lendsr Not s W�iv�r,Extonolon of the time for paymont or modification -
<br /> of amortization of the suma secured by this Deed of Trust granted by Lender to any successor in interest of Borrowershall
<br /> nct operate 3o release,In any manner,the Iiabillty of the origlnal Borrower and Borrower's successUrs In interest,Lendershall �"
<br />_ � � not be r�quired tu commence proceedings agalnst such successor or retuse to extend tlme tor payment or othervvise maiHy _
<br /> amortizatlon of the sums secured by this Dsed of Trust by reason of any dernand madA by the orfginal Borrower and
<br /> Borrower's suc�essors In interest. Any forbearanco by Lender in exercising any right or ramedy hereunder, or otherwise =
<br /> . ' afforded by appllcable law,shall not be a walver of or preclude tho exorcise�f any such right or remedy. -
<br /> 11. Succaeson end Assl�as Bound;Jalnt and Severol Lleblllty;Co-slqnen.The covenants and agreements herein _
<br /> contafnad shali bind, and the riqhts hereunder shall inure to,the respective successors end assigrs of Lender and Borrowar, �•
<br />- subject to the provisions of paragrapi� 16 hereof.All covenents and agreements of Borrower shall be Joint and several.Any
<br /> '`� � Borrower who ca-signs this Deed of Trust,but dc�es not execute tho Nate,(a)is co-signing this Deed of Trust only to granl and
<br /> �h convey that Borrowers interest in the Properry to Trustee under tho terms of this Deed of Trust, (b) is not personally IiaMe on
<br />�x the Note or under this Deed of 7rust,and(c)agrees that Lender and any other F3orrower hereunder may agree to extend, modlfy,
<br /> ' forbear, or make any other accommodations with regard to the terms of this f�eed of Trust or the Note,without that 8arrower's
<br /> • consent and without releasing that Borrower or modifying thls Deed of Trust as to that Borrower's interest in the Property.
<br /> 12. NotlGe. Except for any notice requir9d under applicable law to be given in another manner, (a) any notice to
<br /> • , Borrower provided for In this Deed of Trust shall be given by deliverfng ft or by mailing such natice by certifled mail
<br />- addressed to Borrower at the Property Address or at such other address as Borrower may designate by notice to Lender
<br /> � � as provided herein, and (b)any notice to Lender shall be given by certifiod mail to Lender's address statad herain or to
<br /> � suah other address as Lender may designate by notice to Borrower as provided herein.Any notice provided for in lhis Deed
<br /> � of Trust shall be deemed to have been given to Borrower or Lender when given In the mAnner designated herein.
<br /> � 13. Govorni�g Law; Severat�IlltY•The state and local laws applicable to th(s Deed of Trust shall be the laws of the
<br />� �� Jurisdiction in whicn the P�uperiy i� Ia�ted.1 e foregoing sentence shall not limit the appHcability of Federal law 10 this
<br /> � . Deed of Trust.In the event that any provlsion or clause of this Deed of'Trust or the Note conflicts with appliceble law,such
<br /> ; ,,., ,,, � conflict shall not affect other provisians of this Deed of Trust or the Note which can be given effect without the con�icting
<br />-' ��"'t' provislon,and tr�this end the provisions of this Deed of Trust and the Note are declared to be severable.As used herein,
<br /> �;�_;, ,`;..�, "costs", "expenses"and"attorneys'fees"inciude all sums to the extent not prohibited by applicable law or Iimited herein.
<br />- ' 14. Bo�rower's Copy.Borrower shall be furnished�contormed copy of the Note and of this Deed of Trust at the time
<br />.�'���' `""� . of execution or after recordatlon hereof.
<br /> - - r,�• 15. Rehebilitatlon Loan AyresmAnt.Borrower shall fulfill all o}Borrower's obligatfons under eny home rehabilitaticn,
<br />_�;,�, � Improvement,repair, or other loan agreement which Borrower enters into with Lender.Lender, at LendAr's option,may
<br /> ==*•� ';:�� require Borrower to execute and deliver to Lender, In a form acceptable to Lender, an assignment of eny rights,claims or
<br />=-_=.r,��rY Ublbfl`fF7i! X1ii�ii:r'i oGifGYrBi iTiB� �'iw`r'o^ u�'uiR.^�� �`w'��C.°. ::'�'!f) .°.J�r^.I� I�t,i�r ►T7A}RfIAIC Qf RB�V�CeS �fl connectlon with
<br />'`-;�, . ;r Improvemente made to the Property.
<br /> °�'��� tg, 'nsntfsr of property ar e Be>neNclal Interest In Borrower.If all or any part of the Property or any Intarest fn it Is sold
<br /> -`_=�%� or trans9erred(or If a beneficlal interest in Borrower is sold or transferred and Borrower is not a natural person)without Lender's
<br /> ---�^°,.,;a� prior written consent, l.ender may, at its option, requ(re immediate peyment in full of all sums secured by this Deed olTrust.
<br /> `�'��='� However,this option shall not be exercised by Lend?r!f exercise is prohibited by federal law as of the date of this Deed ofTrust.
<br />��'��'� I}Lender exercises this optlon, Lender shell give Borrower notice of acceleratfon.The notice shall pr�vido a period of
<br /> "�F��:'� not less than 30 days from the date the notice is delivered or mailed within whfch Borrower must pay all sums secured by
<br /> ---•� ���`_"�� this Deed of Trust.If Borrower Iails to pay these sums prior to the oxpiration of this period,Lender may Invoke any remedies
<br />-�°';��;� permitted by this Deed of Trust without turther notice or demand on Borrower.
<br /> =��� NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as foliows:
<br /> - 17.Acceleration; Remedbs. Except as provided in paragraph 16 hereof, upon Borrower's breach of any
<br /> -�.���� covenant or egreement of Borrower In thle Deed of Trost,including Bor►ower'�failuro to pay,by the end of 10 cslender
<br /> ��F��'`�'�� days nfter they are due,any aums aecured by thls Deed of Truat,Lender prlor to eccekratian shall yive nodce to
<br /> •_�-� Borrow�er as provided In peragreph 12 hereof specffying:(1)the broach;(2)ths ection requlred ta curo such lxeach;
<br /> �y�"���`�� (3)a date,not less than 20 days irom the date the notice la mailed to Borrower,by wh�h auch broach must be cured;
<br />�:.��<:. .';
<br />-`:,�;�t�� end(4)that fellure to cure such breach on or betore the dete specified In the not�e may resuk in ecceleration of the
<br /> ���• �• sums secured by thls Deed of Truat end eale of ths Property.The notice ahall further Intorm Sarruwer ot the rlgM to
<br />-�'�Q?`'{� �"� relnst�te after acceleretinn and the right to bring a court ection to essert the nonexlstence of e default or eny other
<br /> --•-��: .,
<br /> '-''-`'-n"'�;- defenae of Borrciwer to ecceteratlon end aate,If the breach fs not cured on or betoro the dete specfNsd In ths notice�
<br /> '�� Lender,at Lender'a option, may declare eil of the sums secured by this Deed of Trust to be immedlately due and
<br /> `-=_a����� payeble without further demand and may Irrvoks the power of sale end any other re!nedbs permltted by epplicable
<br /> °"'�����-,-�- � lew,Lender ehall be entitled to collect all roaaonabte costs and expensea Incurred in purauing the remedlea provided
<br /> :• , in this peraqraph 17,Including,but not Ilmited to,reasoneble attorneys'ieea.
<br />�h�, •�.,� ' If the power of sele Is Irovoked,Truatee ehall record a natice ot default In each county In whlch ths Property or
<br /> -� aome pert thereof Is Ixated end ahall mall coples of such notice in the menner prescribed by applicabte law to
<br />- Borrower and to the other peraons preacrlbed by applicable law.Atter the lepee of such time as may be wquired
<br />_ by eppllcable law,Trustee shell give public notice of sele to the persons end In the manner prescril�ad by eppllaable
<br /> Iew.Truetee,without demend on Borro�ver,shall sell the Property at publlc euction to the higheat bidder et tM time
<br /> � and place and under the tarms design+ated In the notice of ga�le In one or more parcels and In auch order as Trustee
<br /> - may deterrnlne.Trustee mey postpone aele of all or any parcel of the Property by publlc announcement at the time
<br /> • and place oS any prevlously acheduted sale.Lender or Lender's doalgnee may purchase the Property at eny sele.
<br /> Upon recelpt of payment of the price bld,Trustee shell deliver to the purchaser TYuatee's deed conveying the
<br /> •�-• prope�ty ac�ld.The recitels In theTrustee'a deed shell be pHma facl�evidence ot the truth of the statements mede 1hQre�n.
<br /> r..�..e...tieu e.,�,n,�np nrna.w�dR of the Aele In the followina�rder:(e)to all reasonable carta end expenses of tM sale,
<br /> ..-�::�:�_-.-.-- _.__ .......���..�...��ry "'_r•_'_"' _ _ . .
<br /> � Including, but not Ilmited to,71�ustee'a fees actually Incurrod of not more than _ %of tha gros�a aale price,
<br /> reasonable attorneys'fees and costs o}title evfdence; (b)to all suma secured by thls Deed of Truet; and(c)the
<br /> excess,If any,to the person or persons legally entitied thereto.
<br /> - 18.Borrower's Right to Relnstate. Notwithstanding Lender's acceleration of the sums secured by this Deed of Trust,due
<br /> to Borrower's breach, Borrower shall have the right to have any proceedings bogun 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 powerof sale
<br />- contained in this Deed of Trust or(ii)entry of a judgment enforcing this Deed of Trust if:(a)Borrower pays Lender all surns which
<br /> would be then due under this Deed of Trust and the Note had no acceloration occurred;(b)Borrower cures a�l breaches af any
<br /> other covenants or agreements of Borrowercontained in this Deed ofTrust;(c)Borrower pays all reasonable expansesincurred
<br /> by Lender and Trustee fn enforcing the covenants and agreements of E3orrowar contained in this Deed of Trust,and in enforcing
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