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<br /> x 10. 8orrovv�r Not Relsared;Fo►beeranc�By Lsnder Not e Wal4er.Extenslon of the tlme for payment or modification --
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<br /> �*-� �. of amortization of the sums secured by this Deed of Trust granted by Lender to any successor in interest of Borrower shall
<br />,-�,�•�•�� not operate to release,in any manner,the Ilability of the original Borrower and Borrowers successors In interest,Lender shall ___
<br />- :n.�<;*' not be required ta commence proceedings sgalnst such successnr or refuse to extend time for payment or otherwise modlty —__
<br /> amortizatlon of th� sums secured b�r thle Deed of Trust hy reason of any demantl made by the or�glnal Borrower and
<br /> . - -- Borrower's successors In Interest. Any forbeara�ce by Lender in exercising any right or rernedy hereunder, or otherwise
<br /> ' af(orded by applicable law,shall nat be a waiver of or preclude the exercise oi any such right or remedy. �_
<br /> "'� `; ��, guc�son�nd qpipn�gpund;Jnint�nd S�w►al I.N�bIIRy;Co-siprnn.The covenants and agreements herein
<br /> '' contelned shall bind,and the rights hereunder shAll Inure to,the respectfve successore and assi�ne o1 Lencler and Borrower, L
<br /> subject to the provislons of paraqraph 16 hereot,All covenants and aqreements of Borrnvrer shall i�e jant and several.Any
<br />_=`--�� Borrower who co-signs thl3 Deed of?Yust,but does not execute the Note, (a)Is co•slgNng this t�d of Trust only to grant and
<br /> canvey that Borrower's Interest In the Properry to'(Yuatee uncier the terms of thls[�eed of Trust,(b)Is not personally Ilable on
<br /> -- the Note or under thls Deed ot Truat,and(c)agrees that Lender and any other Borrower herounder may agreA to extend,modily,
<br /> forbear,or make any other accommodations with regard to the terms ol this Deed of Trust or the Note,wNhout that Borrower's
<br /> • consent and without releasing tFipt 6orrower nr modNying this Deed of Trust ss to that 8orrower's Interest in the Property.
<br /> ',,��;•'��� 12. Notice, Except for any notice required under appticable law to be given in another manner, (a) any notice to
<br />--=�':�'± Borrower provided for in thls Deed of Trust shall be given by deliverinp it or by malling such not�e by certffled 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 herein, and(b)any notlr,e to Lendar shall be given by ce�tified mail to Lender's address stated herein or to
<br /> �:r� such other address ae Lender may designate by notice to Borrower as provided herein.Any notfce provided for In this Deed
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<br />.;a:„�i:�''� of Trust shall be deemed to have been glven to Borrower or Lender when gfven in the rnanner designated herein.
<br /> ='•r-;:.,r. 13. Governlnq l.aw;Severabllity.The state and local laws applicable to this Deed of Trust shall be the laws of the
<br /> ��"`�-�t jurlsdictlan in which the Property Is loaated.The foreyoing sentence shall not Iimit the appl�abllity o}Federal law t�this
<br /> �'.+s���,�: Deed of Tru�t.In the mvent that any�rovislon nr clause of this Deed of 7rust or the Note conflicts v�ith applicable law,such
<br /> ;._�_:�;�: cunflict shall not affect other provisior,s of this Deed of Trust or the Note which can be given eHect without the conilicting
<br /> v�* provision,and to 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"include all sums to the extent not prohibited by applicable law or Iimlted herein.
<br />—,�_�� 14. Borrower'�Cepy.Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time
<br />-''�;-� of execution or after recordatlon hereof.
<br />�����iip., t 15. Rehabllitation Loan Agreement.Borr�wer shall fulfill all of Borrower's obligations under any home rehabllitation,
<br /> :__���� improvement, repair, or other loan agreement which Borrower enters into with Lender.Lender, at Lender's option, may
<br /> requlre Borrower to execute and del(ver to Lender,In a form accepteble tn Lender,an assignment of any rlghts,claims or
<br /> -.�-a�U'����'• dafAnses which Borrower maV have against partles who supply labor, materlals or services In connection with
<br /> ==F'�'*:�' (mprovements made to the Property.
<br /> _ ` - 16. 1Yansre►of Property or a Beneflciel Intereat in Borrower.If all or any part of the Property ar any interest in it is sold
<br /> or transferrod(or if a benoficial Interest in Borrower is sold or transferred�nd Borrower is not a natural person)without Lender's
<br /> _ .;� prior written consent, Lender may, at its option,require immediate payment in full of all sums secured by this Deed of Trust.
<br />-- �=-.-= However,this optlon shall nat be exercised by Lender it exercise Is prohibited by federal law ae of the date of this Deed of Trust.
<br /> �—:,� If I_ender exerclsAS this option,Lender shall glve Borrower notico of acceleratlon.The notice shall provide a period of
<br /> -- not less than 30 days from the date the notice Is delivered or mailed withfn whlch Borrower must pay all sums secured by
<br /> ,,.:��. this Deed of Trust,If Borrower fails to pay these sums prior to the expiration of thls perlod,Lender may fnvoke any remedles
<br /> �--v -__— permitted by this Deed of Trust without further notice or demand on Borrower.
<br /> -- NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows:
<br /> --T 17, qccelsratlon; Rsmedies. Except a� provided In perayraph 16 hereof, upon Borrower's breach of any
<br /> '„� co�venent or�resment of Borrower in thls Deed ofYYust,including Bomowar's feilure to psy,by the end of 10 cel�nder
<br /> � �� days afMr thsy aro dus,eny sums secured by this Deed of Truat, Lender prior to eccxleration shall give notice to
<br /> -� Borrower es provicled In parayrsph 12 heroof specifying:(1)the breach;(2)t h e ac t ion requ l r e d t o c u ro s u c h b ro a ch;
<br /> :�� (3)a dats,not less then 20 days from the dats the notice Is m�ilsd to Borrower,by wh�h such broach mu4t be curod;
<br /> �:�---� and(4)th�t falluro to curo such breach on or before the date apecified In the notice may reault in acceleratlon of the
<br /> "����`'�` aums secured by this Osed of Trust and sale of the Property.The notice shell further InMrm Borrowsr of the riqM to
<br />-=L—'==-'� rolnstate etter ecc:eteratlon and the right to bring e cou�t ectlon to aasert the nonexlstence of a dsfauR or eny other
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<br /> -_ -- defense of Borrower to accebratlon and sale.If the breach is not curod on or beforo the date spscHied In the notk�e,
<br /> .�,.:r-� Lender, at Lender's optlon,may declare ell of the sums secured by this Deed ot 7Fus1 to bs Immediateiy due end
<br />--.,_;�,:�, payeble wfthout further demand and may Imroke the power of.sule end any other romedlea permitted by appUcaWe
<br /> ,:_;;�;y;�. law.Lender shall be entftled to collect all reaaonable costs end expenses Incurred In pursuing the romediss provlded
<br />�--�:�-°c�=: in thla paragraph 17,including,but not Iimked to,reaaonabie sttorneys'fees.
<br />'�'..���R:z�.�_ t}the power of sale is imrokgd,TYustee ahall record a notice of dafauft in each county In which the Property or
<br /> - - soms part thereof is Ixeted and shell mall coples of such notice in the menner pretcribed by applicable law to
<br />- .� • �� Borrower and to the other p�rsons prescribed by epplicaltle law.Atter ths lapse of auch time es may bs roqulred
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<br /> � by appflceble Iaw,Trustee shell give public notice of aele to the persons and In the manner proncribsd by appllcabk
<br /> • Iew.Truatee,without demand on E3orrower,ahell sell the Property at public auctio�to the highest bldder at the tlme
<br /> end place and under the terma designated In the notice of sale in one or more parcela and In such order esTruatee
<br /> mey determine.7Yustee may postpone ea9e of all or any parcel of the Property by publla announcement at the tlma -
<br /> end place of sny previously scheduled s�le.Lender or Lender'e desl�nee mey purchese the Property at any sale.
<br /> Up4n recelpt of payment of the prled bld,lYustee shell dallver to the purchaser hu�tee'a deed conveying the
<br /> ��` propsrty�old.The roCitels In 1helYustee's desd shall bs rxime fecle evidence of the truth ol the stetements madA thereln. _
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<br /> � __ 7rustse shall apply the proceeds of the ssk Irt tl�e following order:(e)to all rebsonable costs and expenses of the nale,
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<br /> — '" ' ' ' ' _'___'�__ N w��i�w wwn��aiV fV�M. �.
<br /> ret+son ble�attorne'ystfeets endacosts of title evidence;(b�to all�sums aecured by thls Deed of Tru�t;and(c)the -
<br /> excess,If any,to the person or persons legslly entitled thereto.
<br /> 19. Borrower's Rlght ta Relnetate.Nctwithstanding Lender's acceleration of the sums secured by this Deed ot Trust,due
<br /> to Borrower's broach, Borrower shall have tho right to heve any proceedings begun by Lentler to eniorce this Deed of Trust _
<br /> - discontinued at any time prior to the earlier to occur of(i)the fiith day before sale of the Properry pursuant to the power ot sale _
<br /> contained in thi�Deed of Trust or(fi)entry of a judgment�nforcing this Deed of Trust if:(a)Borrower pays Lendor all sums which
<br /> would be then due under this Deetl of 7rust and the Note had no acceleration accurred; (b)Borrqwer cures all broaches of any ..
<br /> other covenants or agreemants of F3orrower contained in this Ueed ot T'rust;(c)Borrower pays all reasonable expenses incurred
<br /> by Lender and'IYustee fn eniorcing the covenants and agreements of Borrower contained in this DQed of Trust,and in enforcing _
<br /> PAOE�
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