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<br /> to comauence procee�ings against such sucoessor ar mfu�c to cxtend time for payment or att!envise madify amortization of thc sums �
<br /> ` secured by this Deed of Trusi by reason of any demand made by the ori�inal Boreo�tirr and Buno�s�er's suocessors in iniemsi Any
<br /> : fofiearance by Lemder in cxercising any right o�mmedy hemunder,or othenr-ise afforded by applirable la�v.shall not be a waicer
<br /> ff
<br /> • • . of or pze�lude the exercise of am such ri�ht oa remedy. ��, �
<br /> 11.Succes.,�oss and As�Igus Buuad;JoinB and S�s�era0 Ltabptty;Co-s3gr�era.The co�'enas►u and agrcements herein contained
<br /> ' . s shall bind,an�th�rights heraundet shall inure w,tiie respective suooesson and assi$ns of Le�4er and Boirm��er,subject to the � ,
<br /> • � provisionsoipara�aph 16hercaf.A11coti�enantsandagceementsofBarcou�ershaDlbejointandseveral.An}+8ormu-erwhoco-signs
<br /> ' 'j thisDeedof'i'rust.butdaesaotexecutetheNote,(a)isce�gnin�t�is�aedofTms4onlytograntandoonveytl�atBorrower'sinteresi , .
<br /> 3 in ihe Property to Tn�stee under thc terms af tids Deed of Tn�si,(b)is not Ysersonally liablc on the Note or under this Deed of Tnis4,
<br /> —`� �� aa�i(c)aSeeesthatl.enderandanyaiher8orrotv2rPtereundermayagc�toextend,atadify,fof�ear,ormakesayothcraccommadations _
<br /> � ? �vith reg�sd to the terms of this Dced of Trust oa thc Nate,�vithout lhat Boraouer's wns�nt and�vithaut releasin�tbat Borro►��er or
<br /> a y.. ; modifying this B�ed of Twi as tm Wat Borroaer's interest ia t�e P¢operiy. L'..
<br /> . 12.Natto�Fxoept5eratryu�iaz�er,mted�agpliczb2eLnvrobeg�►iaanothermamtet,(a)a�+noaioetoBoaaR�pmvidedfnrmthis
<br /> - � � - - � Daedt�'I'iu�ts6altbegiE�by��anngitarbyara�ling��l�yc�6fiedma�7a�ressedtnBa�caa�atthePcope�tyAddre�aratsvcbalh� � ';i_''
<br /> ,� � ► ad�asaouon�mayae��'�mr�a�asgc��a�n.anaro��'nauoewc�fianbegv��'a�fradm�mL,�•S
<br /> addt+esss2aiedl�eiatrtos�a�dcessasI.endera�aYd�atclsynotioetoBartos�2rasgcoeridadt�xein.AnYn�Pm�dadforintLisDead u;=-
<br /> afTn�t�aDbed�dtDhavebeeo�gnaitoBonan�erari�dav�givenintbe�d�igmiedl�n. .'r=�:,,
<br /> • E3.Guvernln8 Lstw;SEVerabil►r9.This DEed of Trnst shall be govemed by the laws of the United States to tl�e fulles!extent ____
<br /> � � ga�ole.To theement Unite�States lav�s are not applicabte,tke state and local laws applicable to this IIeed ofTzust shall taethe la�xs . 'ip s�=,;
<br /> � of ttie jurisdictian ia�wluch the Property is lacated.In the e9rent tbat any provision or clause ofthis B�ofTiust or theNote contlicts '<_°'.
<br /> • � withapplicablelavu,suchoonflictshallnotaBectutherpravisionsafthisDcedofTmstarth�NoiewIucizc�begiveneffectwithout �--•
<br /> • theconflictingpr6vision,andtathiseadthepravisonsofthis�cedofTmstandtheNatearedeclaredtur�es:verable.Asused�eerein, .:s_'-
<br /> r visi .� =
<br /> <��� . . * ••��,,•••�nses.,and••auncReys,fezs"includt all sums to th�eadeat not protubitef Lry applicable la�v or limit�ci�erein. __
<br />._...�--r—. �" ` 14.Bon+n�s�r'aCopY•Barreo��ersha116efiunishedaconfoimedoopyeftheHoteaadufthisDce�lofTn�.stattheti�eo:executian __
<br /> ur aftee recordatian her�f ;��.
<br /> � ' � lg.Rc�ah�ation Low Agreement Bvnower shall fulfill all of Borm�'er's obligations under arry home rehabilitarion, �.�_"
<br /> . �.' unpravement,repair,or oiher loan agreement wtrich Borrawer enters into with Lender.Ixnder,at Lender's ogiiaa,m�y require +'-�rA,�;
<br /> . . �_ = ��iaL:F�
<br /> . . Boaaw�r to exe�vte�ad deliver to Leader,ia a foran acceptable to L�nder,an assigament of aay rights,claims nr dsffs�s wluch .�._
<br /> _ .�, , Boiruwer may have against panies who suPP1Y laboi,materials or services in connection with imgmveiaents ma.�e tn t#�z Property. �::���
<br /> 16.'�raa�fer of the Pcope*t�'or a Beueficial Interest in Borrawer Ifall or at►y partofttce Progerly or aay intcm�t in it is sold r�
<br /> . or uansfeiced(ar if a beneficial intecesi in Banawrr is sald or uansfemed and Botmwer is noi a naraua!P�son)withuut I.endes's E W
<br /> . : piinrwritten�c�ent,Leadermay,atitsopiion,re4uireimmed�atel�aYi°eniu►fullofallsamssecuredi.^p jr.�Deedaf'��r:s�.Hoae�er, �
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<br /> � : tfu.s aption sbalt not be exercised bY Lenaer if exeres�is protdbited!sy federal law as af sEas date of this Deed oF Tm�t
<br /> !"'.�?' �� ` ig����is�s this aptien,Leader shall give Borrower notioe of acoeleraYioa T6.�notice sball provlde a gerii�:af not less _
<br /> � rs � tLan 30 days�.m�he date the notice is deli+,�sed or maited cvilhin which Haaao�ver must pay all sums s�by tbisGrx�ef Tn�.�i. _--
<br /> '� If Bosr�wer 8i1�t�pay lttess sucns prior ta tltz expuation of th�s period,Inader ma}'imake any reme3.ias pemutted Y:y t�is B�l.
<br /> f.•�
<br /> � of Tmsi vritha�c further notice or demand oa Harrm�•er.
<br /> NON-UMFORM COV�TA,NTS.Banower and Leader ffu�ther covenant and agrce as follows:
<br /> • . ;f: 17.Accelerattos;Remedie.�.Essept as pruvided ia purageap516�ereat,upon Borrower's 6rear6 a!�,g a�venant or
<br /> . . . �: agrecment of Barrower in tlhis Deed af'Prus3,including Borrower's faitnm t�pay,by the end af Il�calendar days after they
<br /> . i are¢iu¢,aay snms secnred by this DeQd ef'P�asi,Lender prior W accelerat�an shall give aoi[c�tn�rmwer ps pravided in
<br /> • �. paragraph 12 hereai speci3ying:(1)the breac6;(2)the actdon reqnired to core sact9 breacb;(3)a ctatc,no!less t6an 20 daya
<br /> ���;<. from the date the notice 3s m�iled to Borrower,by wh[eb suc6 6reach must be cu�d;and(4)that iuiare to cure sucb b�c6
<br /> • ;o;"s,:t
<br /> •,a-�� on or before the dats apecscd in the Qotice may reanit in stcceleratton oi the sum�s�red by this Deed ot Tcns!and sale o
<br /> '''''� � �. thEgrflp�rty,1'henottee�hullfarthertntormBorrowerottherighYtoreinstateaftesaecelerAttonandtherightto6ringacc�rt
<br /> actEon to�erk iJs�anae:i3tence of a defantt or any oYher detense af l�rrarower to accelerattor�stad sate.If the breac6 i�aat _
<br /> __ sur�d�n or�etucz the dute speclfied in tt►e nottce,Lender,at Lead.cn's��aptlon,e�ay dectare all ot We sums aecared by t6ta _._
<br /> � II+c��o!Traa!to be immediately due and payable w�thuut tuRher demand aad ea����vo�ce the pojser o!sale uad any otD�es
<br /> ' - � ��edieypermittedbyappltatblelaw.Lendersb9116eeutit�dtocoDectaUre�sonaUL:cceadsxnde:pensesincure�dw�pnreaing -
<br /> � �+ae remedies provided in tht9 paragragh t7,iacludirtg,(a�sZ aoi Ijmited to,reasona�'_�attomeys'tees. �
<br /> � � �` Uthe power of sale is irnoked�Tarir��it�ll record a notice otdetault in eacb caa�y in w6ic6 the Properiy or aome part `
<br /> r.�.
<br /> `�' theeeof is tocatcd and s6ali mall copies a��nK�x sotice in the m�anaer prescrihed by appllsa6te law 4�Honmrer and totheoffisr E -
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<br /> ' �' �,,eraon�p�scribed by uppfi.cable law.Af`.�r E?�e tapse cf sucb time ae moy be reqntred Dy appliatble law,T�uatee aha{l give �;,
<br /> � � �nbllc nat�ce of sate Eo the�c�KS:a+and in tl�e mmma�r«c�scrihed by appltcuble[�n•.'Trusiee,wIttiout demaad nm Borrower, �=�
<br /> � shallsellthePnopertyatpnblicaucNantntL$hi�estL;���eratt�e3IQS�andplace:.�ltinnderthetermsdeatgna�citlathenotice �'._.� ..
<br /> � of e�l�I�aac er more patrsel9 and in�c3�.n.r,Aer as Trustee may detcr�ni.n�Trostee may post¢as�s�[e ot aU o��ny Qand nP �'"
<br /> . (i�e propecty hy pnblle aanouncement�.+i1cr.�ime a�nd place ot sa;t�3rt:vionsly schednled s�G P:�der or Lender's dqigarx� ����•_
<br /> • uYSry purchase the Property at any sa�e. - ,�
<br /> � Ugon rcceipt ot payateat aS the price h�d,Tru�duci7 deiiver to the pvr+chasev 3t'ut�s=�'s de�d coav�Sin�_tite Penperiy
<br /> sold.The recitals ia the Trucic�°s deed s�s1►�e prima�a�oa evideace olthetruth ol4Le�+,.a�e.-a:sn�ade Ehercisi."E'rustee ahall •
<br /> applythepmceedsoithesaletnthefolincvim�;order.(a)toall m�.soarl���ecosts ande=penses�?t�c�ale,dacluding,bnteoi limited
<br /> ta,Truste�'sfees actually imcurmd,e+easanable a+inraeys'f�v aiad��ai�9ititFe evidesce;(i�I to,U1 cvwa serared 6ythisDoed
<br /> ' oi Tnesi;and(c)the eaces�,it any to the peraon or�rsersons Ie�+[L��ra�.�:tled thee�n.
<br /> 18.Borrower's Ri�t ta C�tetnatat�Noiwithstanding L:nder's�coeleratian af tn��ms secured by this Dee�i o�TnLSl,due to
<br /> Bormv�zr'sbreach,Borranershallhavelherighttohaveanyproa�edin�L^ERunbyLe:tlertoenforcettusQeedofTiu..�.discontinued ,
<br /> at any time prior to the earlier t�aocur of(i)the fiflh day befom the sale��the Property pursuant to the power of sa?e oontaine�in
<br /> � this Deed of Tnast or(ii)entry of a judgment enforcing this Dt�d of Trun if:(a)Borro�ver pays Leader all s�tns�vMch vroul�6s then f �
<br /> � ' dae undcr this D�ed of Trust au�the Note ha�no axelention oocurre�:(b)Boiroa�er cu+�at{bra;.hes of any otlt�ossvenaAts or E
<br /> � � agreements of Baaou�er contained in this Ueed ef Tnui;(c)Barrotis�er gays all mason�ble expenses incurm.d try Lender and Tcustee •
<br /> � - in enforcin�the oovenants a�►d agrce�nents of Borro�cer oontained in this Dced of Tn�st and in enforcing Ixndrr's and Tn�stee's
<br /> � remodies as provided in palagraph 17 hereof,including,but not limite�l Yo,reas�nable attomeys'fees;and(tn Borrm��er ta�es su6h
<br /> action as Lender may reasflnably requice to assure that the lien of thu Dazd of'fmst,Lender's interest in the Property and Bonotiser's .
<br /> � ' abligation to pay tite sums secvred by ihis Ueed of Tn�s!shall oontinue unimpaiced•Upon such paytnent aIId cute by Batro�er,t1�is
<br /> ' � � � Dted of Trusl and thc obligatioiu secured hereby shall remain in full force and eSc�st as if no zcceleratian had oaurresl.
<br /> inftials�
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