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<br /> (P�ge 3 of 5) . �s:a_��
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<br /> Unle.�.g I.ender end Aorrower �therwis� ugree in writing, eny applicetion ot prexeede to principal Rhall not extend or ` _
<br /> ' postpone the due date of the m�nthly payment�rcferred to in pnrugruphs 1 and 2 or change the amount of the paymeuts.
<br /> � 14 under pnragraph 19 the Pr�perty is ncquired by I,ender, Hormwer'R right to any ineuranc� policies and procecda ���.-
<br /> reAUlting?rom damago ta the Property prior to the acquiaition shall pa�.9 to [.endnr to tha extent of the sume Fecured by
<br /> thie Security InAtrument imrnediately prior to the acyuisition. • _
<br /> 6. Presorvatioa and Aiaintemnca of Pr�porty; l.e�seholdq; Condnminiume; Pl�nned Unit Devel�pments. __
<br /> ' Horrower ehall kee� the Property in good repair and �heU not commit waste or permit impairm�nt or deterioration of a;
<br /> the 1'roperty and ahell c:umply with thn prc�visiona of any Ieasc if thi: llecd af 1�rust is on a leasehold, if thie 1)ee;d of �- . _-�'.
<br /> Truat ia on a unit in a condorninium ar a plunned unit dev�lopment, Aorrower ehall parform all of H�rrower's ;�, �.�'
<br /> • ��"" obligations under the decleration or covenanta creating or governing the canduminium or planned unit development,tho -.,, , ;_�-_-
<br /> , ��' by-lawe and regulationA al the condorninium or planned unit development,and conetituent documentA. �
<br /> 7. Frotecti�n of I,ender'»Security. It Borrower fails to perform the covenants and egreements contained in thie � -
<br /> � Deed of'Trust, or if any action or proceeding is cammenced which materially affectA I.ender's interest in tha Property, � •
<br /> � then Lender, at I.cnder'soption, upon natice to I3orrower, may make such appearances, diaburse such sums, including � __ ._____
<br /> � reasonable attornays'fees,and taka euch action as ie necessary to protect L.ender's intere.st.If Lender required mortgage � -
<br /> ., insurance as a condition ot rriaking the loan secured by this Deed of Trust, Borro�ver shall pay the premiums required to � __
<br /> maintain such inaurance in ettect until eueh time se the req�irement for such insurance terminates in accordance with CJ _
<br /> Borrower's and Lender's written agreement or applicable law. Any amounte disbursed by I.ender purauant to this �.--
<br /> paragraph 7, with interest thereon, at the applicable contract rate, ehall become additional indebtedness of Borrower -
<br /> � f se�:��rec� by thir Deed nf Trust. Unless Borrower and L.ender agree to other terms of payment, such amounts ehall be _
<br /> � payablC upon n�.tice frc�..�i ender � Borrower requesting payment thereof. Nothing contained in this paragraph 7 shall _-
<br /> require L.ender to incur any expense or take any action hereunder. _ N
<br /> ' 8. Inspection. Lender may make ur cause to be made reasonable entries upon and inspections of the Property,
<br /> � p provided that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related,: �'°w -
<br /> to Lender's interest in theProperty. ���
<br /> 9. Condemnation. The proceeds of any awerd or claim for damages,direct or consequential, in connection with any �::�=`-�
<br /> � condemnation or other uking of the Property, or part thereof, or for conveyance in lieu of condemnation, are hereby �=�=�=-
<br /> assigned and shall be paid to Lender, subject to tha terms of any mortgage, deed of truat or other security agreement _
<br /> with a lien which has priority over this Deed of Trust. _
<br /> � 10. BoXrower Not Relotaed; Forbearance By I.ender Not a Waivor. Extension of the time for payment or
<br /> modification of amortizetion of the eums secured by this Deed of Trust granted by Lender to any successor in inter�t
<br /> � • of Borrower and all otha parties who are or hereafter become secondarily iiaoiv ahali nui vycr�to to rel�ssa, �n ar,y
<br /> manner, tha liability oP the original Borrower and Boreower'e auccessors in interest. Lender shall not be required to
<br /> �, commence proceedings egainst such successor or refuse to extend time for payment or otherwise modify amortization
<br /> ' of the sums secured by this Deed of Trust by reeson of eny demend made by the original Barrowar ana Borrower's
<br /> � successore in interest. Any forbearance by I.endar in exercieing any right or remedy hareundar, or otherwise afforded by
<br />_ applicable law,ehall not bo a waiver of or precludo the azercise ot any such right or remedy.
<br /> ��. 11.Successors and Assi�ns Bouad; Joint and Several I.inbility; Co-sl�ners. The covenants and egreem�nts
<br /> herein containcd shall bind. end the rights hereunder shell inure to,the respectivn succe,9sore and assigne uf I.ender and
<br /> i�; Borrower,subjec;t to the provieiona of paragraph 16 hereoP.All covenants and agreementa o4 liorrower ehall be joint and
<br /> several. Any Borrower who co-signe this Deed of'I'rust, but does not execute the Note, (a) is co'signing this Deed o[
<br />" � Trust only to grant and wnvey thet Borrower's interest in the Property to L,ender under the terme of this lleed oi Trust,
<br /> - ' (b) is not personally lisbla on tha Note ur under this Deed of Trust,and (c) egrees thet i.ender and any other $c�rrower
<br /> ' hereunder may agree to axtend, modify, forbear, or make any other accommodations with regard to the terms ot thie
<br /> . •� � Deed of Truat or the IJota, without that Borrower's consent and without releseing that Borrower or modifying this I?eed
<br /> of Truat as to that Borrower's interest in the Property.
<br /> �'� 12. Notice. Except for any notice required under epplicable law to be given in another cnanner, (a) any notice to
<br /> Borrower provided [or in this Deed of Trust ahall be given by dclivering it or by mailing such notice by certified mail __ _
<br /> �" addressed to Borrower at ttie Property Address or at such other address as Borrower may designate by notice to I.ender —
<br />_ � � as provided herein, and(b) eny notice to J.ender ehall be given by certified mail to L.vndar's address stated herein or to --
<br /> such other address es I.ender may desigt�nte by notice to Borrower ae provided herein. Any notice provided for in this
<br /> Deed of Trust shall be dcerned to have been given to Borrower or I.ender when given in the manner designated herein. ____._
<br />- 13. Governing L�w;Severability. 'The state and local laws of the jurisdiction in �vhich the Property is located ehall - ----�,-
<br /> apply except where such la�vs conflict with Federal law; in which case, Federal law shall apply. In the event that any ���;:.�'�'__
<br /> provision or clause of this Deed of 'Trust or the Note conflicts with applicable law, such conflict shall not affect other �'`�'�a-_;_
<br /> provisione of this Deed of 'I'rust or the Note which can be given effect without the conflicting provision, and to this end � ��•----
<br /> the provisions of this Deed of Trust and the Note are declared to be severable. Aa used herein, "costs," "expenses," and `���^`1=
<br /> "attorneys' fees" includeall sums to the extent not prohibited by applicable law or limited herein. _
<br /> 14. Borrower's Copy. Borrower shall be: furnished a conformed copy of tha Note and of this Deed of Trust, if „
<br /> requested,at the time otexecution or after rec;ordation hereof. •
<br /> 15. Reliabilitation Loan Agreement. Iiorrower shall ft�lfill all of I3orrower's obligations under any home '
<br /> rehabilita4ion, improvement, repair, or other loan agreement which Borrower enters into with I,ender. I,cnder, at
<br /> I,ender's option, may require Borrower to execute and deliver to I,ender, in a form ncceptable to I.ender, an assignment
<br /> of any rights, claims ordefenses which Borrower may have against parties who supply labor, materials or services in
<br /> connection with improvemen�s made to the Property. ,
<br /> �� 1G.Transfer of the Property. If I3orrower sells or trnnsfers all or any part of tt�e rroperty or an interest rnerein, ---
<br /> excluding (a) the creation of a lien or encumbrance subordinate to this lleed of Trust, (b) a transfer by devise,descent,
<br /> ' or by operation of law upon the death of a joint tenant, (c) the grant of any leasehold interest of thrce years or less not
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<br /> � containing an option topurchase, (d1 the c:reation of u purchase money aecurity interest for household appliances, (e)a
<br /> I transfer to a relative resulting from the death of a Iiorrower, (f) a transfcr wherc thc spouse or children of the I3orrower
<br />- berome an owner of the prc�perty, (g) u transfer re:sulting from a decree of dissolution of marriage, legal separation �
<br /> � agreement, or from an incidental propertp settlement agreement, by which the spouse r�f the Horrower becomes an I
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<br /> 7• 08•30-34 Dood ot Trust NE ORIGINAI IIIIIIIIIIIIIIIII�IIIII�I�IIIIIIIIIIIIIIIIIIIIIIIIII��I�II�IIIIIII�IIIIIIIIIUII�IIIIIIIIIIIIII�IIIIII NE007973
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