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<br /> Il. SuccessOre and Aaslgns �ound;Jotnt and SevePal9.tabitttyi Co-slAners. Tiie�ov�nwiu nnd agrecments �� ;
<br /> hL�rein contained shall bind,and the dghte h�reundor shall inure to,the mspectivo suacessors and assians of L.ender and
<br /> . Borrower.subject to thc provisions of parugraph 16 hercof. AU covcnnnts suid aIIrcements of Horrower shall bc joint and ,
<br /> several. Any Barro�ver who co-signs this Deed af Twst,but does not execute the Noto. (a)is co•si�ning tWs Deed of Trust
<br /> only to grant and oomey 11�at Horrower's interest in thc Properiy to Tiustee�u►der the terms of this Deed of Tcust,(b)is not
<br /> ger'onelly tiabla on the Note or under Wis Deed of'fn�st,ttnd(c)u�gees that 1-endar And any other Borrower hereunder rnuy
<br /> . Nog te without that�Bo�rrowe�consent land without releasing th¢t Borrower ordmo�difying this oed of Ta�st as torthat
<br /> .... . Bortowers intemst in the Prcperty.
<br /> 12. Nottee. Except for ttny notice required undsr�PPl�cab�°law to bo given in another mqnner,(a)any notice to � ,
<br /> :n .
<br /> Harrower provlded for iu 1hit+Dexd of Trust shall bu given by deUvering it or by mailln�snc�► no�ice bY ce�� ��1
<br /> addressecl to Borcower ut tha Peaperty Adtiress or at such other address es Hor�ower may desisna.t�by notice to Lcnder us
<br /> � pmvided herein,and(b)anY notice to Lender sball be given by certified mnil to Er�nder's ad�lress stated hereln or to such
<br /> othur address as Lender may designau�by notice to Bonnwer as pravlded hareia. Any nodeQ�rnvdsled i�►this Deed of'Snut
<br /> shull.be deemed to lu�ve been given to Borrower or Lender when�iven in tua raanner design�led hesein. •
<br /> � 13. Govemfl�g LAwt��e��ittty. The stata and local laws applicabDe to this Deed of'Ikust sfi�li be the laws of �.;:_
<br /> the jwisdiction in whicl►the PrctPer►Y is loc�nteei. Thct foregoin�sentance shall not limit the apptic�6ility oi Federal law to
<br /> Th `
<br /> this Deed of Tnut. In the event that any pmvislon or clauso of this Deed of Tn�st or the Note confttcts with appiicaLie lAc�, ; ;,,
<br /> such oontlict shall no�affect ott►er Pmvislons of this Dced of Trust or tho Note which caa►be �iven effect without t�e �V u:;;
<br /> ' �onflicting provision,�r.d to Wie end the pmvisions of this Dced of Tnist and tho Note are d�cl�ed to be severable. As used
<br /> � herein,"wsts","ex�nses"and"attorneys'fee.s"inclusle all sums to tho extent not prohibiisd by appllcable law or Wnited - -_
<br /> �, ,� herein. �..;._
<br /> � • 14. Borrower'a Copy. Borrower shail be t�rnished a oonformed copy of the Noto And af thls Deed of Tcuat at the �:,-�
<br /> �• dme of execudon or agier record�tion hereof. �:
<br /> � 1g, Rehnbilitation Loan Agreement Boaowcr shall fi�1S11 a11 of Borrowe�'s obligations under any home �
<br /> _ tr �r other loaa atsreement wluch Bormwer entars into vv�th Lender. Lcnder,at Lende�s _ .
<br /> _ _ � • nlu�t�iiftatian,3stt�taseasenb s'?F�. -
<br /> ' optlon.maY recluire Boaower to execute and dellver to Lend es wbo suppl�bo rlmatedals oz servl�connecttom�ith =-
<br /> ~ '`" claims or defenses which Borrower may have againse parti
<br /> � impmvements mada to the ProperiY•
<br /> ;• 16. Trausfer of the Pmperty or a Beaefictol Interest in Borrower. If aU or any pfut of the Propeny or uaY
<br /> � intcrost in it ie sold or traneferred(or if a beneficial interest in Horrower is sald or uanstanedl and Borrower is not a natural
<br /> R paxson)wlthnut Lenders prtor wdttea oonsent,Lendar may,at ita op�on,require immcdin4�payment ia full of all sums �-
<br /> secuted by this Deed of Trust. However,this optioa shall aot be excrcised by Lender if exercisu is pml�ibited by federal law _
<br /> ° h� as of the date uf tbis Deed of Trust. -.
<br /> If Leader ea�ercises this option. Lendar shall glve Borroaer notice of axelerntion. T'he aoitce shall pmviGe a , __
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<br /> ' ;;;:�.1�t� perlod of uot less than 30 days from the daus the notice is deliv0red or muiled witldn whicb Horrower must pny ail swns �--_
<br /> ,;;;r;:�< secured bY th�s Deed of� If Borrower fails to pay these suma pr�or to tho expiration af thlc pe�iod,Lender may imvoke "
<br />_ ,.,�_ any remedivs perm�ttcd by thiB Deed of Tn�st wlthout fiuther natica ox demand on Borrower. �
<br /> NON-1JNIFORM COVENANTS. Borrower and Lender lUrthcr crn+e 16 hcttir�f,�on fBosirower's breuct�an9 aoy =_--
<br /> -� � 17. Accclerallou;Et�aaedles. E:cept as prov[ded 8u�pirugrap __
<br /> covenant or agrcAment ot Borrower in Wla Deed of Teuet�incladia�Horro�rer's fi�fuetic to pay,by We end a!t��{IO)
<br /> � caleadar daya uft�r the dute they are due,�ny su�s secaced by tlnis D�ed ot Trust,Lender prtor to accoievatioa ehail _
<br /> . ° � g[ve notEce ta Bornnwer as pmvided in parngraPh 12 hereoi ep�g:(aD�e breach;(2)the sct3on requ[red to cuee �
<br /> �!ch breech;(3?A date,not tese than 30�Inys trom the dnte Zhe nuttee is mafled to Borrow�cr,by wb1cD such breach F- �
<br /> . ." '� mg�Q���ured;�und(4)that tailurc to cure sac6 br+e�c6 on or bdore thc dutc epac�iied in the�ouce�ay i�t� __
<br />- ncceleration oY tde aums se�ured by ffiis Doed of T�a!nnd bale of the Properey. 'lE�e notise ehWl turther Imiorm __-
<br /> Borrmver of the right to re[nstate atter acceleration and the dght to bring R co�nrt aeqiun to neaert the non�u7lieac� —'
<br /> ot n detswit or ony ather defense ot Horrower to uccelerxtlon aud a.�a Hf t�e bmsnxp+ ia no!sue+ed ou or beforP the =
<br /> . � dute ep¢cificd tn the entice,Leader.at Lender's option,may declare s�1 oi the s�nma secunzd by thin U�ed ot Truat to R�_
<br /> • • bc lcmmedintety due und payalbl�without turther deffinnd aasd muy tnvol�e the p��ver of sule and amy o4her r2m�edtes
<br /> � - � parm6�ted by uppiicable faw. Lender ehall be entitted tm colled a11 costs nnd cnpe�aees incurred tu pura�vimg the
<br />_ � remedtes providzcl dn t�sin pneagraph 17 to thc ertent permitted by a��licable luav. � :,
<br />_ � �' If I.ends¢�3avolcee the power oY eal�,�.ender or'Y'ruetee a5�9D vnr�1 copiaa o9'a aottce oS ua�9E in the mnnner
<br /> � .. ` � pe�eacribed by appitcnble law to BorroNer and to the mther persona pz��ibed by nppltcoblc I��v. '�bvatee ebctU dve
<br /> s not�se of sale by public udveetL�¢ment for the time ana9 9n rtfiE manner prescdbed by n�pltcable laN. Trustee,wilQout �
<br />- �cmund oa�orrotver,ehull se�l the Property at pubf�z u�►crt�oa to the 6t�►e,at bGdd�r!or cash�t We t[Qea umuC►piucc
<br /> and uader t4ee t�rms desigeated in the noticc of sale in one or more ppr+ceLs und in such order ue 'D'rru°�?�es maY i
<br />-- -'-� �.__ •.�......e..o.,....d,..se.at�.,3.ii ur ac:i i�d��r:ot:�c='so�:rt;tct say lttttr*imp nn the snme datc by
<br /> _ .___.__-_ z_-_ QC�.�IVatiG s�wv.....r.'.� r__'r__' '. ' '
<br /> � publ[c annon�nrement at t6e dme and pince ot any pe+eviausty scheduicd salc. LQnder or under'a aesiguoc��5
<br /> _ . , pnrc6ase the Pro}terty at any sate.
<br /> " Trus4ee ahall deliver ta the purchaser Trustee•a dced coaveying the Pro�r¢y so sold wtthout any¢ovenant or
<br /> �rarranty,e�reased or implted. 'fhe recttala[u the'1'rustce'e dced sdatl be primn tacfe evidence oi the 4ee►4tm ot the
<br /> ' statenzente made thce+�[n. Tn�atee aL�ll appty tbe procecda o4 t�e este in th� foffmving ordcr: (a)to ali costs and
<br /> : , .. e�{sensea rsee+ctslnQ f,be pow�r o!eale and of t�e saie,includi��Tnastee's fe¢s not exceedia�5%ot the outatandieg
<br /> principat bal�ece��tor�True�d ds,mortgaisea er o Derlienbolderel,and(d�e eabceas,it�any io e e R�rson(or
<br /> - to 4he pnyment o j
<br /> pereona legally ent[tled tRereto.
<br /> ' Fotm I1739 NE (10/4G) Pagc 3 of S
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