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<br /> . • � �� ��ei�a3pa� �PaIIe 3 of S) 't ' .
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<br /> Unle:�l.ender und Borrocver othertiviso oBree in �vrltinII,any �►ppltcntian o4 proceeds w principul ehutl not extend ar �
<br /> , pastpnna the dua dnto ot tha rtnonthly�yrnenw reYerred to{n papaprapha 1 nnd 2 or chnage tho amount of the pnyment�. ;
<br /> n
<br /> If under paepBrnph 19 the PeopeMy is acquired by I.ender. Horrawer'a r3aht to any insutance paltcles nnd ptoceeds
<br /> . ecsulttn�Prom d�mnBo to the Proparty prior to the n�uisitton ehull p�to l.ender to tha�xteat oP the�uma secured by
<br /> alda Security Innuumant Immedintoly prIor to tbo ucquieltioa.
<br /> ° , 6. PrASOrvntion oad Maintannnce ot Property; LeaeOdolde; Condominlums; Planned Unit Doveloprr�ento.
<br /> � Horcotver shnll keep tho Ytoperty in�ood repnir n�id ehall not com�nit rraate or�rm it irr�paiemaait or detertomtion of
<br /> the Property nnd shutl comply�vith the pravi�ans of any lemsa it this Deed of Trust ie on n leusehald. !f this Aeed of ..�,,,
<br /> ' - Trust is on u unit in a condominium or a plunned unit development, Borro�ver sha11 periorm alt of Bnrro�ver's
<br /> =�-�°' obligador�s under the deslorndon or covenunte cceating or goWeming the condominiuta or planned uait development,tha '
<br /> by-luae end regulntlons of the condominium or plonned untt dovelopmont,and co�etiturnt documenta. ; � :
<br /> • 7.Protectioa of Lender's Seeurlty. If Bonoaer fntle to�riorm tha covermnts and n8reemer►ta c�ntalned in this s ;
<br /> � Da�d oi Trust,or if nny action or proceedinII te commoncc3 which muterially e4fects Lendar's tnterest in the Proporty, Y .�,,
<br /> � Yhen I,�nder�at Lender's optIot►, upan nattce so Harrocver, may mnke such upPeruencee,allsburse suah euma,including ;. �;=
<br /> reuconable uttorneys'feea.and wke euch action ne is aecessasy to Proteat Lende�''°iatsreat.Ii L,ender required mortga�e .-:_
<br /> ittawnace ae a condltion of muking the loun seaut�sd by this Deed oi Trust,Bs�ttower sh�ll pny tlia premiume requitrd to ���;
<br /> mutatain such insut�ruice�n effect untIl auch ttme ea the requirement tor such tnsurana terminates in ac�°rdance�vith �� ::,;;
<br /> .. Boprower's nstd I.endet's adtten ngteement or appli�able law. My amounta diebursed by L,ender pureuant to this " ;;,.
<br /> ..� parnaraph 7, cvith intorest thereon, at the applicable coauact rnta, ahall become additionel indabtedness oi Bortawer ;�-
<br /> secu re d by t h is D e e d o f T r u a t. U a l e s s B o r r ower aad L.ender o�ree to uthar' t�.�a o�payment,such am�unta ahnll be �,_�_�"�r
<br /> �� paqable upan aotice�rorn Leader to Borrower�equesdng pay�nent thc�reof. Not9�ing c�ntainedl in thia parngrap h 7 s h a l l ��;;':
<br /> tequire Lender to incur uay expense or take nny nctton hereunder. �,� �_.�,
<br /> " �'h 8.Inspeation. I.endor mey make or cnuse to ba mada re�onabla entries upon en�l inspectloru3 of the Pro � _
<br /> . " provided that Lender ehnll �Iva Borrowet aotjce prtor to aay euch itr.speccion spectiyiagre.�soaable cause thetefor telated �
<br /> �•� to Lender's iaterest ia the Pro p e r c Y. �f;
<br /> " 9.Condemnation.The praceeds of as►Y nwnrd or cleim for damoges.dinsct or coa�alUea4iul��n�°nn�'�°A with atty
<br /> . ��', condemantton or other talciag of the Property,or part thereof. or for coaveyance ia lieu ot coadamaatIoA,are hereby �`;�_
<br /> a6slgned and ehnll ba puid to Lender� sub�ect w tha terms at suy mortg�ge,dee�of mist or other security ngceement °°lc:--
<br /> � aith n Iten whtch has ptlortty over this Deed of Trust. �.:__
<br /> �'��_ 10. Borrower Not Released; Forbearaace By Lander Not a W�ver. Extan=iu�ox��u��p��in�tt+�r�t If:�-
<br /> _ „ _ medtttcatioa of amordzattoa of the aume sxured by sius�of Tn�t�oated b, �_�r -- Y
<br /> ; � 04 Borroaer ond all other parttea who are or hereaft�'becarne secoadt�rily liable sliall aot aperate w retesse� �A anq �_���
<br /> ��;:r:;�.
<br /> maaaer, the Itability of the ori�Iael Bortower aad Botrower'e saccessore �n�atet�.Lemde�'ehull not ba require� to -
<br /> ;;:,,;:; ��m�no�proc�ia�ogeirist such suocessor ar refuse to extrsnd ttma tor payment a otherwiss modify amorti2ation
<br /> �.''`' uf th� �ums secured by thia Deed of Trust by reasnn ot any demaad mude by the original Borcower aad Borrower'� ,�
<br /> �� successore ia intt+re9E.Aay forbearsace by Le�nder in euercleiag any dght ar r�nnedy here�ander,or otherwise afiorded bY �4::..
<br /> , 'i�• appltcable law,s}wll not be a wniver of or prealt;de tha asercJse of eay euch�ug6t ot remedy.
<br /> - �� I1.Successora end Aesigns Bound; Joint and Severel Liabititq; Co-sigu�pe.Tha c;ovonente and ogceemento J
<br /> hereia coawined shall bind�ead the rlghts hereuader ahall iaure to.tha respective suaessors n�►d ossigne oi Leader aad
<br /> ° ����� 13orrower.subject ta the provisione of paragraph 16 hereof. Ali uoveneats and ngrcaments ai Borrower eholl ba joiat nnd _N
<br /> �.�„ .. �.
<br /> .�, .. � i:��:.-
<br /> severel.Any Bonower�vho co-eigas thie Deed of�'nrst,but doea not egecute sha Nota. (n) ie co-si ag thie D o
<br /> to uader the tenns ot thin Dced of Trust� t:"�:'
<br /> ;,;:s�•�._ Truat only to graat aad caavey that Borrower's ia4erest in Ehe Property Lendai'
<br /> � ,S€�'��;:;�, ib)ta aot personelly ttablo oa the I�Tate or under this D�oi Truat,and(a)agee��a thet Y.ender end any other Bortow�r
<br /> ,� ,� {�y�ti;�'`�' hareunder may egreo to extead. madi£y� forbear�or mnkes enl� other uccommoduttone�vith regurd to the terme asf thts
<br /> ' Deed af Truat or the Nots�cvithout that Bomower's consent end�vithous releasing ehat Bsorrower or modityiag thia Deed
<br /> � of Trust as to tuat Borrawer's Interest ia the Property
<br /> `'� 1` ' 12. Notice. Bxcept 4or any notice required uader applicable law to be �ive�ia sa�her marwer. (a) aay aotice w
<br /> � + Borrower provided for ia this Dead of Trust sh�ll be given by delivertng it or by c►aailimg sueh nottco by coreitted mell �
<br /> , . ;�7�: nddressed to Borrower ut tha PropErey Address or ut euch other address ae Borroaer m�►y�desigaets by aotico to Lender
<br />-'�.�„.•,�_.�i. es ptovIded herein�aad (b)eaY no�iae�o Lender sholl be�tven by certified mail to tender'B address etated hereia or to -.-�_
<br /> �� ��x euch other uddtess es 1.snder mey designate by uuaw eo Durruwc► +w pto��idc3 her�in. Any not�ce�pr+v��1�r1 tnr tn th4e �__
<br /> � „ '� _ Deed oi Truat sball be deemed to t►ave been�Iven to Borr°wer or I.euder when gIvcn in the rnanaer de,s'sSAated her�ia. __.
<br /> ����'•° 13. t�cavrera�ia Law;Severeb�Ed2y.The steta oad locnl lecve of tha jurisdiot�on ia�ahich tho Pro�erty�s located Rhail ___
<br /> , .,s;>?:��: g _
<br /> ���;�� r npply ex�g+s where sueh lnws coniliat with Federnl law; in whioh cace, Y'ederal 1aw ehmii npply. In the event t at aay .rY
<br /> �� proviaioa or clanse of this D�ed oY Trust or the Note coatlicts with npplicable 1aw.suc7►conttict ehel! aot ef�xat other �,.�`
<br /> '� provtsiona o4 thte Dced oi Trust or the Note Nhich can ba gtven effect wi3hout the contlictiag provision�and w thls end _
<br /> " " the provic3ioas of this Deed of Trust und the I�ote c�re decIared to lxs saverable. As usad herein, "costs," 'expenses." and �n
<br /> • "n4tornsys'tees"[aclude all sums to tha extent not prohibitcd by appllaable lnw or li mited hemin.
<br /> • 14. Bonower's Copy. BorroNer shall be furtdshed a con4ormed copy of the Nois and of thie Deed of 'i'tuet, if _
<br /> " , ,,. ��. requa�ted.at the time oi exc�cutioa or niter recordatio�hereoi. ��*
<br /> " � . IS.Reh4bilitatiou E.ona Agreemoat. Borrower ehell tulfill nll of Bono�ver'� obltIIntioas under aay home _
<br /> � '' reWtyil;tation� ;mprovecrnent, repatr. or other lonn ogreement which �nower enterrs iato cvith Y.ender. Lendes, nt
<br /> ;t;� I.ender'a o�on,may require Bore'ocver to executes and deliver to I.ender�in n torm aocepwble to Lender.an c�i�ament
<br /> ==��:,:r' � - at sap rF�hte, clnime or�fensea whtch Barro�ver inay have �atnst parties who supply tabor. mntertnla or�vices in :�
<br /> . _.._ „__Y... �;-
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<br /> connectton�tn impmvements maoo« .,�o r��eA,.,.
<br /> � 16.Tran�ier oi the Property. IY Borrower so11s or trensPers �ll or nny pas't of the Property or un iatere.st tAereia�
<br /> � escludi� (a) the creation oi n lien or encumbrance auboi'dinate to this 1?eed o4 Tru�t, (b�a traasfer by devise.descent, ,
<br /> or by operatioa af locv upon th�death of a joint tenunt,(c)the�rnat of any leusehoid interest o4 three years or less not
<br /> �� • conteininQ an option to purchase,(d) the ceeution oi a purch.ase money security inY.eresR ior hou�ehold uppli�s►c�s, (e) a
<br /> trnnster to n relotive tcsulting from the death oi n Borrower, (t)u transier�vhere the spovse or chi�dren of tha Bon�ower
<br /> beooma An oaner ot tha property� (B) t►tcn�fet' tesulting 4rom u decree oi dissolution ai marringe, legul separadon
<br /> ugreement, or irom nn incidenwl property settlement ugreement, by Nhtch the spouse oi the BorroNer becomes nn „
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