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<br /> - _ . ' fi.prar6GYiilr�i i.:� C� , ��; . �0lIREle �1�t �'D'MQ�O�NI�Mb.
<br /> BaeraNa�ubdl�tL��po1 a��uq aat oammit+�te ar�a+it impdnneat ar Aa�erloadaa d � -
<br /> , tM Frop�rfy aad I aamply�Ie6 tl�e pnav�a�ot�a,y laae it thi�Deed d Ttu�t v aa�larebold.U tb�T��
<br /> — Tturt � aa a unit ia � ao�do�niaiwn ar � pl�aned tmit developmeai, Bnr� a�il per�arm �II d 8atower9
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<br /> °"�• obtiptioa uade�tue deal�tatton ar awawaq a�adas a�nnernia j tbe oondaniaiwn a pt�o�d uait dw�elopn�ea�tbe
<br /> .. _-- by-lnre�d rer�tioa�d ti�s aoudoaRidum at p1�aMd uait d��rolo�neab a�d aawlwwt doamn�.
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<br /> ';�� 7�010Ct�O��K� �YfThi.[f BOf(OwOt�V t0�OM►1�10 COVOQ�Ob��Ilplb COW�t10d�O l�t �
<br />_.._ :•�t�, , D�ed oi Tn�t,a it an�r actioa ar aacoodia�t�ooenmeaoed Wbicl�mat�rtallY s![ects I.eoder's iamraet ie tba Proper�Y�
<br /> . . tuea l.en��at Leade�'i optian�upoa aottae oo Horrotrer�m�y m�ke aah�ppe ooe�dkbune wd�am� iaoludi� �--
<br /> _, �.� - .r �:��;.,:- , . `�.ble aaomeyo�rae�,.na alro w�.aeiaa..i�oeoeerry w pro�ece Le�de�':i�atee�t.u I�aodor roquirea mort�e
<br /> �.� _ .� � iasuanoe w�aoaditioa d malda�t6o lou►�ecurod by tb�i�Ueed oi Ttwt.Barower�h�ll py tbe pea��iwr�i+equirod to
<br /> - - `�-�— .i. mdauia wch ias��tanoe ia dfa�until aah 8me�s tbe requiranent Iar axh iaaaanoe tatmi�te�ia a000rd�nos witb --
<br /> �.::��.'� ���•�`t�«�� Aorm�t'� �nd I.ender'� wtit�au �+eameat or appliable I�w. MY �mapiu di�b�u�ed by [.eadar puAwnt w tbis
<br /> �� ;� � �
<br /> __ ��w��,t..�;r# praya P h 7. I l j f J l �IIfOfOf��A O I�0 0 l 1��t 1 I 1 0 ��p WO QOt1�(i C�t��0,R�M I I b 0 0 0 f 1 1 0�J�I O M I �A d 0�1 L O d 1 1 0 N O� H O f f'O�E f � __
<br /> ���,�-z;-:�,��,•:�' aecurod by thio D�eed d 1'ru�t.Uokis Hormwer md Leode�a�ree to otber termo d pymeat,wcb amouats�hall be
<br /> �'�,�+97'r:-�'..: ". . Prible upon aottoe tron►Londer to Borrowar reques�n�P�Yment tlareoL Nathia�oo�t�ined in thi�Pu+paPb 7 ab�ll
<br /> � �;.�.'�. '.� ' �; «qait�e I.aader w�ur aay espeme or t d c e u►y a c t l o a b e i+e u u d a�.
<br /> -'':' ' � . . 8.I�spection. l.eeder may m�lce or cawe to be made t�e�eoo�bb a►trias npoa +�nd iae�ectioaa d the P�opertY.
<br /> �.�'� � '" �" p r o v i d e d t h�t I,rn d e r c 4�1 1 q ive Borrowar nodae p�a w a n Y a�h i n e p e n i o n�p o c i t ri o��bb au�s tbereta rd�tod =
<br /> .. •' • "' _J� :�,� .` to[�a�der's iata�a�t in the Property.
<br /> -__- �--_�=_-_,.-=�T 9.Ca�Bmu��iiu�.T6o R.�uonJr d oay AWard or d�im tas daens�dirus as��ateal.ia ooaaxt�atth aAy -
<br /> oondematioa ar atb�er ubi�d t4e P'roperty.or Put u�aeof�or tar oonve�ranoe ia lieu at oondema�tiao.are bereby
<br /> �4 ;.1, ae�i�aed aad eAwll be pid w La�der.subject w the terms d wT martp�e.deed d w4t ar ot6er�ocirilty a�eaneat
<br /> .. �. alth�liea which h�s priatity over tkic�Deed at TnrR. _
<br /> . t � ..rY,,AY.,;�;}`�,�`. 1Q Bormwer Not Qel�c�d; Foslbe�rance By Leader Not � Waiver. Exteasion d tlie timo ia� p�yment or
<br /> � � 1t'�t'. : ,- moditication d smort'u:aao�d tD�e sums axurod by thi�s Deod d Tnst graa�eol by Lender to aap suxamr ia iataedt —
<br /> �":.��t��;i;�r�.;i,, ,:,'',.. ot Aorrower and all artVees P�tias �h�m u+o or heaaftar be�me s000ndariiy lin�ie slull aot ope�au t�ntleaa0.in any
<br />�'i�. �' . . .. �<.,�. �..�.,:t,::.: mamer. the lf�bility d tA�arra�a�al AomoWer and Borrower's s�x.�assore ia intercst. I.ender shill aot be roquired W
<br /> _�f,� . °�"'�``':�:���,...:,-:',• oommenoe prooecdings s�inst sucb�nessor ar rctusa to axtend time tor p�ymeat or otherwise rnodify�motti�tiv3+�
<br /> t '" ` � � '•~.';'�,u�'�. d tla sums�ocurod by tAia Deed of Ttuet by re�son of �ny demmd m�de by the ai�iruii Aarrovra and Batrower'a
<br /> ,�; . � � �. ,
<br /> : . ,;:,�'= suooa�ors in iaterest. A�y[ocba�►oe by Laider in exerciein�aoy ri�ht or remedy herouadat.or othef�iaa�ftaded by
<br />• . .. .:,.. .
<br />'` '• `„. ;; . " appUcable I�a,eha11 not be a wuver of a preclude ehe eYercise of an such ri t or remedy.
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<br />;:':,';�-_� !!.Ss�csssor� e!!d Ae�iZea Ho�in�; Joint +�sd Several l.�sbility; Co�i�aers. T6e oovenaot�uid��ta
<br /> . .� ' ��Y'` .�;����%i herein oontaia►od shdl bind,�ad the ri bts 6erouader shdl iaure ua the ros rve suooesso�s aad asei of Lender�a� _ _.
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<br /> �;,,� �,�, ;i�..>.��' ' �• ti�,:�;��� Borrower,subject to the ptovieionsv� �aragnPh 16 heroof.Alo c�+can�nts�nd a�raomants d�rower�116e jdnt tr►ca
<br /> , . , r c�;l�i'::��t� sover�l. M Norroaer abo oo-si u�eis Dood ot Trust, but dae,R r�at execute the Note (aB us ao-sip►iag thie Deed of
<br />: _ �.�:iN�4:t�at.,a'k.�t y �
<br /> � : +'�:���::'+ •r �:�• Trust anfy to gnnt a�d oo�ley ti►an Hcrrruwer'�interext in the Pn�rrty w I.e�nk.�uuder tho terms af ihis Uud ot Ttus� r:=--
<br /> .' • '�'�1�:���+�{`�€�''� (b) is not pereon�lly lia�le or�tAe �iote ot under this Deed of Trust,and(cD agr�eea that Lender aad any ot�et Borrowet �'��'-
<br /> � • ""� ,. , r•`'-' hereunder ma � roe w ext•rnd anod'aQy,fwbear.or m�ke�n a➢�,er a�s�annanz►dations aith r+e rd w the terms of thie �&::`-
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<br /> � ., _.� � .•4 � Deed of Truet or t6e Note,wit6out thae Bonower s consent ond wia6iou3 refeasinY tlut Borrower or modityja�this Dood
<br /> :` �: ot Tnist�e to tlut Horrower's intareat in the Property.
<br /> � ��t•. ;r. . 1�.Notice. Fatcept for any notiae requircd undca applicable law to be g+t•en in another mmner, (s) �ny aotice to "-
<br /> . _ .. - '';'""'-: -, ��:et;'�ti':��f4!it!i!!is L����Tt'!�!!eh�11 9,r oiv�n t+y A�liv�rin�i► o� hy msiling anch n�tice by•astitied m�il _
<br /> �t:�, . . �,';''� addressed to Dorrower�t the Property Addross or u such other eddress�s Barrower may designate by Amc•ioe to l.euder _
<br /> , `*1�� � . � �''''` ,�'�+,' ae providec:herein.and(b) �ny notice t�I.ende+•Rhsll 6e given b�certiiied m�it rn t:ndet�,saa��ua n�a a� _
<br /> r �'� � ' •,� such othor addrcss�s i.ender m� $esi ata b notioe to Borrow���s rovided heroin. Aa+y.rsotioe vided ta in this
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<br /> �'.,� •,,,� ,,v, �,�r,; D n e d o t T r u s t s h�l l b o d a mod W have been Qiven to Horrower or Lender ahen given in the manner dcsi�a atod herein. -.--
<br />�`".:1�S`' �;r�,'f�'`�,; �, � 5ever�bility.The sute md local I�as of the jurisdiction in which the Property ts located shall k.:,:�-
<br /> ��i� , : ):.�,-..,���G�;{` 13.Goveroin Law;
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<br />'�;�;�r� ,.�ti�};�,,.,_, +,.F•,�+•�;� apply except where such laws oonilict with Feden) law; in which case, Feden! I�w sh�ll �pply. In the event that any ...K
<br /> 'ti'ti!„ ' �1�?',-„tiaj';j�+�,?�. -, provision or cl�usa of thie D�eed at'frvat or the Note onntlicta with �pplicabla law,such oonflict slull aot�f(ect other
<br /> �'r�`t , ��`!,�;''�•• �• f'�j�?;`' provieions of this Deed ot Trust or th•e Nou which can be given eftect without the conflicting provision,�nd to this end
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<br /> 1��1�f�'�• ; ��.r:�`�� • ' • the provisions ot this Deed of Trust and the Note are declaed to be sevenble. As used herem, mets, expensq. �nd
<br />,�t.'; '`�'''`,'.;;''� , : "�ttorneys'txs"indude all sums to the extent not prohibited by applicable l�w or limited herein.
<br /> , ,:�.•�t.. '• 14.Botrower's Copy. Botrower shdl be�vrnished a contormed copy of the Note and of this Deod of Trust, if �—
<br />.+rij�f•�• ��� �r- •I • • � roquested,at the time ot exacution or after recordation heroof.
<br /> ;s. �,.� , r�'�" :;{S;:*;�� IS.Rehabilitation I.osa Agreennent. $c�rrower sh�ll fulfill all of Borrower's oblieations under eny home
<br /> ,. ��; . . �
<br /> ;;i�:'+ '' .,�;,'�.:: •i.' roh�bilitati�on, improvemen� ropair, �or other Iwn sgraement which Aorrower enters into with L ender. L,en der, a¢ i
<br /> .:r� '� r)i:;��••��'� Lenders option,m�y roquiro Borrower to exx�te and delivcr to i.snder,in a form aoceptable to Lender,an assignmea�Y
<br /> . . .�a�:!...: :•'i A'l�u:�"�1�'.
<br /> } .' ;'s�'�•::'ti',;,�,;�;�5'��5�`� oi sny rirLtr►..clei�i�s ur detenses ahich Borroucr ma}�h��c against partics nho supply Jabor, materials ar:enic� in
<br /> 1�� . ' •`•{•. '�����. .;...,)�, connection with improvements made to the Property. �, ��
<br /> :,. . ��; :..�r5��'�'�.�°� ��
<br /> r��, S;t�;:?�?��,,►'ti�,•;::...'.;:.�:; 16.Ttanvfer nt the Property. If Borrower sells or trans�ers all or any part of the Property or m intercst therein, ,
<br /> ,: .:. , �,r,.r...._, t� _._,,, . .
<br /> {�,�•,;:,,• {, �;';;;�j��,�.�;;:��..::.;.�-S excludimg(a) the creation of a I�en or encumbrance subordir.a:e t�o this Deed of Trust, (b� e trans[er by devise,descene,
<br /> :'l:Ylr• � � ��'i1S`Li'���ij�•�t ;�r+t�i�1! O�b •
<br /> )� f � y o�eration ot law upon the dath ot a joint tenant,(c)s7�e grant of any leasehold interest af thra years or less n2�t '
<br /> Y'4';�.i��.�` l�'t,.�•.;;f,..di,�..,�.r�i1_?��r r
<br /> .e;.�,� , ;���,;�.;`�: `,;,.,,.� .,,�..: containing an option to purchar,e, (d) the creation of a purchese money securit�� interest for household sppliances. (e) n �
<br /> � � ,`•: �•. .� •�t;���'�� tnnaier to�relacive resultin�trom the deach o?a�,irruwer, (i)a transfer wl►ere tha apouse or chiWren o(f ahe Borrower !
<br /> ? �'.�:� � • ,`���i?t' 6ecome m oaner of the property,(g)a tnnsier resulting fram a decra oF dissolution of marriage,ICga) sep�r�tion ;
<br /> ���%'`'"�� � ument, or from an incidental c�perty settlement a reecne�t, b which the s use of the Borrowet beoomes an
<br /> :.:.•1;�_ Y �. ...���.�.�..,�.. � � � Y �
<br /> •��c.�: owner m1t che property, (h) � transfer into an inter vivns trust in �vhich the Sorrower is and remains a benetici�ry and
<br /> ��y�_��.._�:,�.a�. :u�s�' which das not relate w a tr�nsfer of rights of oocupancy in ti�e property, or (i) any other transfer or disposition
<br /> �""'`'' ' ' ;�:.:• `" described in ro uluions rescribed b the Federal Nome Lc�an Benk Noard, Iiorrower shell cause to be submitted '
<br /> `1 1�r �..1 . 8 P Y
<br /> � �.r:�. . .
<br /> ,,t.j�• information required by Lender to evalwte the cra�as�eree as if a new loara were being mede to the trensteree. Borrower
<br /> s ''. wiU oontinue w be ob7igated under the Note�nd t9�is,Dud ot'd'rust unless 9.er.der rcleues Borrower in writing.
<br /> �.� °� • _ If Lender das iat egree to such s�le or trmsfer,�,ender moa;declare all of the sums secured by thie Ueed of Trusc s4�
<br /> �f ' ' „ be immer1iaaely due and payablo. If Lendet exercises s�A option to aooelente. Lender sh�ll mail Borrower notise u�? .
<br /> -�•' , � aoceleration in�aamdance with psa�raph 12 herwf.5uch notia sh�ll provide a period of not las thm 30 days fraisi a?:e
<br /> i �:,� `• -• � d�te the notice is maeied or deliverod within wl�ich $orrower msy p�y the sums dxl�red due. If Hot�ower iay's ta pay
<br /> ; . ;� "` sucb sums prior to the eYpiration of such periaD,lLender may,without further notice or demand on $orrower,iv�vokr
<br /> � � • . . •r�'". �oy remedies permitted by p�r��raph 17 hereof. •
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<br /> lE007/09
<br /> • , 10-01-��OM�ol Trwt 6i �
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