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<br /> '14. Rehabtiitnttan Loun A�roemcnt. 6orrower ahni! Nifltl NI af Borrowcr's obliIIations under nny home �;�,�.-mm:
<br /> � rehabilitation, Itnpmvemcat. repulr or othcr lom� ngrecmcnt which 63orrower entera iato with L,ender. lxnder, nt �.��_Y�;-
<br /> Lender's option.muy requlre Borrower to eaecute and deliver to Lender.in a form ucceptable to Lender.an asstgnment `_
<br /> uf My rights,ctalms or defcnscs whish R�rmwer mny i�nve nR�inst pnrtfes who supply lubor,mnterinls or services in
<br /> i�� coaaectton with impravemcnts mnde to the Praperty. �.r
<br /> �----�.:
<br /> or a Betteficlal intoar»�t In Borrower�Elsswnption. If eIl or any purt of the Property r-__
<br /> ��� iS. Transfer of the Property -
<br /> --�^'� : or any interest in it is sold or trAnslesred (or lf u hart:fictPJ Intezest in Borrower is sold or tranafere�ed end Borrower is -_
<br /> . . � not a nacural p�rson)without[,ender'e prior wdtten consent, I.endtr may,at L.ender's opUon.for any c�eusan,declure R;-.
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<br /> ;+� exercis by Lende�if exterclse i prohibited by Fedej�elu v a.yg af the�date8ofbtliis Deed of r��g�p��on shall not b$ '_
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<br /> � �r-3' ��L�gder exerclsea thia option. Lead�r shall glve Borrower aottce of acceleratlon. The notice shall pmvIde a period �,
<br /> ' •,:"`f�,t af na¢less than 30 days from the dat�the uodce is dellvered or mailed wfthia which Borro�ver mi�st pay all sum9 secured �_
<br /> ':,;:��i,
<br /> ' �'"'74 � b��fnis Deed of Trust. If Borrower fails to puy in tWl d►ese sumg prior to the expiradun af this period�Lendcr may
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<br /> .•,.I ,}y;;_�;;�, invoke any remedies permitted by thie Dced of Truat wtthout fluther notice or demaud on Harcower. _
<br /> i�'�. ��•
<br /> �t s �"t'A• '6•'trie Llead af 1Yust may aot be assumed by a purc��r witl�out tbe Lendec's wnsent. If aa assumpdan is allowed,the
<br /> 'ti,`!�r��'��" _
<br />:,.�,�,. ,,,����;t�; �a:�er r�ray charge an assumption fee and mquire the person(s)assurnin8 d►e loan co pay addittonal cbarges as aut�o
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<br /> ` '3 ARTICLE lI ��i
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<br /> _;->>>;;? NOPT•UN1F�IRNI COVE►�iAMi'3. Borrower and I.ender fttrther covenaat and ageee as followa:
<br />.�<:;:�' , t of Barrower in W1s 1Dced
<br /> _,.�;�.�,, 16. Acoeleres�on;Remedtes. Upoa Borrower s breuc6 of any cwvenant or agrecmen -
<br /> �=��:-,;�•. . ot'i'rust.Lnaucun8 wiiuuut ii�tsitas ssse�a:ers�nts i4�!y when due any sums wader the Note secured by tl�ts
<br /> sen
<br /> ' Deeif o?Tcust. I.ender,at[.�der's optlon,subJect to We following senteuce,uiaY decic�re au o!the surms secun�
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<br /> �'r•'r��i'�'" by B�his Dced ot�'rust w be imneedlatelY du@ and payable wlthout 8emend or notice and mny tnvoke the po�ver
<br /> ';':�`�"��:r= Itcable Inw. Prlor to recording uuY notice of detault Lend�r shnil
<br /> _.�_�f: otsale�and any other remeiltes l��mttted by app on9 oi Borrowcr's
<br />.,.� �.,��� glve Borrower nottce of detault�, B��Y��onoe,�Provtded by lew�have ttv�?AD da3'e afte�'such
<br />��,�.a f tnilure w a�lce a required puym
<br />=�'�^��� ?: aoi�c�Is�iven to cure su�h defeWt by tendering the umount due at the dme of the tasc�er, vQthaut acielerntten�
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<br /> •'�K°��'``..,,�,'' ' Qltl�rAy twpald cltsuges. Atter reaordin8 a notice of detauit�Lender shaU be entltYc�l to collect i�such proceesf,Eng
<br /> '=,"."` sI1 e�enses oi[oreclos�ue. includlug+ but nos limited W eeswo�ble attornxys' fes� or trus�i�e's end casts of
<br />��:� documentary�e►d�cace�abstracts and tttle reports.
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<br /> ff the power of sale le tavoked.Trustee shall record a nottce of default in each county i�►which any part of ths perty
<br /> ���:�:� is locat�d and shull mail copies o4 such notice{a the manner Prescdbed bY aPPllcuele le�ev to Borrower aztd to the oth�
<br /> - ---`�'� persons pr�crlbed by applicable lnw, After the time rWWuired by ePplicable law,'IYustee shaU give public not�ce ef�afe
<br /> ° -�� w the persons und iu the mnnner pres�ribed bY aPPltcable law. Tmstee,without demaAd on Bormwer� sball s�A t11�
<br /> —�--� -- property at publle aucNon to the highest biddar ut the time and pince end under We te��de�$n� ���0�1 of�hee, , -
<br /> =�r,�"�t���,..�,.M . In ane or more parcels cind in oay order Trustee detemnines. 7Yustee mny postpo Y P ,
<br /> f,�;�,F;r.�• Pir�perty by public announce�z�ent at the ttmc and plece of uay previously schectuled sale. Lender of its designee�may
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<br /> -�_!�„� puz+c�iase Ehe Progeaty at uny sate.
<br />-=—_`��� T�uetee shalt appiy�he s�1e pn�*c:+ie� �irt.ta the ca�s�px�ses c+f e�xercisln�the power of sale aud of the s�le. •
<br />='�� inciudin g the pnyment of the Tcustee's fees as:tuutiy incurrcd nat to exceed fiReea percent(i S°�)of ti�a:geoss sele price. ,
<br /> � �"�'�'�" to payment of th� obllgndoa secured by tbis D e e d o f'I t u a t. fl►i r d. t o t h e p a y u�e n t o f J u n i o r a u st dexds,
<br />-��:����;��;j�'' second,
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<br /> =:75?�a,��� mortgages or other liebholders.and the balance. if uay.w the yerson or persona legally entid ereto.
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<br /> '"-:*=°-�}�' 17. Assignment ot Rentei�pPoinGo�ent of Reoe�tver. As addidonal sc�urity hereuader.Borrowea heseby assigas to
<br /> .:�,��.''��V, b 16 heroof or
<br /> ��+;;��;c�:�.�= Lend�r the rents of the Property, provide,d that Borcower shalt. prior tn aecelerntton under P��U
<br /> `:�•':�'r�l`��fd��f�� � abindoamcnt of the Property. have the dght to collect and�etuifu such r�n�s es t�►ey beooAte due nnd payuble.
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<br /> -:'����`!��'�s������' h 16 Lereof or abandonsneat of the Property,l.endcr sholl be entifled tu hava a rec�ieer _ _
<br /> - ••,:�•..,.��•},,�. Upon accelerfuion uader puagrep ,
<br /> :i;.Y,''_. ` . �PPofnted by a c�mut to enter upoa�take possession of und a�a8e the Prop�trty aad to collect the rents of the PeoP�rtY
<br /> ' � ��'r������ �� ineludiag those past due. All cpnus aoilc�ted by the ra:etver eball be appl3ed ficst w pay�nt of the oosts of an�ns�gement _
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<br /> •. -s_:�;�];,:;��?r, of the Property and wllectior�of rents.tacluding.but aot litnited to receiver's fas.preniiums on mt�etvrt's bonds and _
<br /> '�� �-�°1������'s � reasonable attorneys'fces,and Qien to the sums secured by tbis Dced of 1'cust. '�tee rocetver shalt be liable co accaunc _
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<br /> -. ��:j--: utuy tw wvs�•....o a..�.� .�__.._. :e_.
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<br /> � 18. l.oan Chnrges• If the I�an secured by th�o De�d oY Tcust ia sub�¢ct to a law which seta�ximwu loaa cl�ntges� �
<br /> � ea�that law is Mally intecpreted so thnt the inzerest or ather lomn char8es collected or to be collected in oonnecdon�vitb _
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<br /> • .. '� the los+n exceed Fernutced ltmita� then: (1)nny sur.h lom►chur�es sh�ll be redur.eif by the amount seoessary to reduce e
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<br /> , ;, the charge to the�sermitted IiMt; and(2)any sums already wllected from Borrower which exceeded pennitted limlta -
<br /> • ' v+ill be refwided to Borrower. -
<br /> � , pqo�at! 001319N87�ARR��Occd a.
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