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<br /> In InYEr��t.I.oiidcr ehafl not bc:rcaulred to coinrr�anco proceedings agafnst�uo6�succ4ssor vr re5fuee t.o exto�ld tlrna F',�^` _ ^ , ,._, �
<br /> ' iDY�:�yiil:i'it�P 0��1�f1'J��a���zbdl�y ns•r�ort:P.�lYIQFI Of 4i1��llf�iLl G�CIAPCL�bv t�1�J r.�C�Op 11'il���7y YE��O��•J1"�Iy U�j1�L�I14�IIlL:4ItJ '__"_T' __ ' "
<br /> by tho arfdlr�nl t3�rro�,t�r and�orrU�.fcr'o cuccoccof�li�Intoro�9.llny Port�o�,ranco Uy l.c�+tic►!��o�:;i'c�clnE�n��Y i 1G+�=�r r. `Y . ,f�
<br /> `, � ' .: re�t�ady f�oreunder,or oth�rwlse atiordod by applicabto la�v,�h�ll nat�o a v�atvcr o4 Ar�rcclucio ti13 oxorcl:a ut c?�y L u.�.,_•j.-��=_-=-°-`� '
<br /> - eucti rlflht or�ornedy. _ __
<br />-��'`��,;:�:_-t."�,�,.:;,.-. . 19. Su�c�s�on�ndM�Ipnaeoui�d;JotnlpndSeverslLOabUfty;�:a�s1�n��.Thmcovonanis�nde�reemer�ts = --
<br /> `°``� � horoln contalnud ehal!bind,and tho rl�hts hereunder flhalllnure to,ttie respective successors and sssigns af I.ender �
<br />- . :.., �
<br /> =�,�:�.• �. �,� and Bflr�oNer,suhJoci eo f�io p�ovisloris o4 pae4gruph 18 horeof.Ail covenents end aqreements ot 8areowar ehall b� __ _
<br /> �'"='�`'''�" '�. ��''�'��` Jolnt and saveral,Any 8or�awer who�o•slgns chls Deed of 7rust.but does not execute the Note,(a){s co-stpning ti�ls `�"—'�--
<br /> .�� '� " ' Daed of 1Fust onlytQ grant and convoy thr�t Borra�Ner's Interest In the P�operRy to TPustee undertheterms otthis Desd
<br /> i'�' ° � oi Trust,(b)is not personalty Ifable on the Note ar under this Deed a�1Fust,and(c)agrees that Lender and sny othor
<br /> � � • � F3orrowerheroundermayagreetoextend,modify,torbear,ormakeartiyotheraccommodatlonswithregardtothetermc
<br /> `-:• • � of this Deed of Trust or the Note,w(thout that 8orrower's consant and without releas(ng that�orrower or modffyfng lhis
<br />-� �„�. � Deed of Tru�t as lo ti�at Borrowar's intorc�t In the Property. � __ _____ __
<br /> ' � �...' 12. �lotice.Except fur any notl�o requlred under applicabfe lawr to be give�i in another m�nner,(a)any notice
<br />-. �`; ' `� to Borrower provlded tor in this Deed of 7rust shall ba glven by deliver(ng It or by rnafling such notice by certified
<br /> mall addressed to Borrower a4 the Property Address or at such other address as Borrowar may deslgna4e by notice __
<br /> � to Lender es provfded hereln,and(b)any notice to Lender shal) be giaen by certNiAti mall to Lender's address --
<br /> � statad hereln or to such other address a�Lender may designate by notice to Borrower as provided hera3n. A��y
<br /> notf�o provided tor In this Deed oi 1Fust shail be deenied to have beon given to�urrawer or Lender when given In the
<br /> � � manner designated herein. �
<br />- ���� 13. Goverr�in�Lew;Severabiltty.The state and local laws appllcable to this Deed of Trust shall be ti�o laws of
<br /> �� the Jurisdictlon in which the Property Is IocatEd.The foregoing sentence ahall not Ilmit the applicablUty of Federal I�w �
<br />� � " �� to this Deed oi'ltust.In the avent that any provislon or clause oi this Deed ot Trust or the Note conflicts v�ith a�apUca61� __
<br /> law,such conflict shall not a€fect othor provislons of this Deed of'nust or tho Note whfch can ba given effect without �
<br /> � � ths conflicting provfsion,and to this end the provisions of this Deed of Trust and tho Note are declared to be soverable. �---
<br /> ' As used hereln,"coste","expenses"and"attorneys'fees"include all sums to the extent not prohibEted by appllcable _
<br /> . ��.
<br /> � law or Ilmited herein. -�-•
<br /> � 14. BArrower's Copy.Borrower shall be furnished a contormed copy of the Note and of this Deed of T�st at the �,
<br /> ;�;_�
<br /> time of oxecution or after recordatlan hereof. .�W
<br /> 15. Reheb!Iltatton Loan Agrcement. Bor�ower shall tulfill all of Borrower's ob{igatfons under any home
<br /> rehabititation,Irnprovement�ropi.iir�v�uii i`vi I"vaii agr�rn�r.t::•hl�t!Rnrs�v�wr Anters intowfth Lender.Lender,et Lender's .r._°k�
<br /> option,may requfre 8orrowor to execute and dellver to Lender,in a form acceptable to Lender,an assignment of any s+s'�; ;',"`
<br /> " rights,clafmsordetenseswhichBorrowermayhaveagainstp�trtieswhosupplyla[�or,materialsorsorv[ces(nconnection �:�,� .,.,
<br /> •• with improvements made to 4he Property. :�.'
<br /> i6. 7ransler of Pr+aperty or a Benel�xlal Interest In Borrower.If all or any paR ot the Properry or any Interest r
<br /> � • in it lu sold or transferred(or if a beneficial inYerest(n Borrower is sold or transiorred and Borrower is not a natural person) �e�� �,�,`.
<br /> ', :_+.' w(thout Lender's prforwritten consent,Lender may,at its optton,requfre immediate payment In full of ell sums secured f; .r,.;:,,.�
<br /> � by thls Deed of nust.However,this option shall not be exercised by Lender if exercise is prohib(ted by federal law as t+r
<br /> •J - A
<br />- of the date of thls Deed of Trust.
<br /> It Lender exercises this�ption,Londer shall give Borrower notice of acceleration.The notice shall provide e perlod ��r
<br /> of not less than 30 days f�om the date the notice is dellvered or mailed within which Borrower must pay all sums secured ;, z ,
<br />� by this Deed of Trust.If Borrower fails to pay these sums prior to the er,pi�ation of thfa perlod,Lender may Invoke any .:��
<br /> � . 9
<br /> romedies perrnitted by this�eed of Trust without further notice or demand on 8orrower. �•. .,,�o,
<br /> ' NON-UNIFGRM COVENANTS.Borrower and Lender further covenant and agreA as follows: � • M%��
<br /> 17. Acceleration;l9emedles.Exce�t as provided In paregraph 16 hereof,upan Borrower's breach of eny : ,' � �`°
<br /> covenant or egreement of Borrower In thfs Deed of 7Fust,Inciuding Borrower's tellure to payr,by the end of 10 ,. .
<br /> " c�lendar daysafter they a��e due,eny sums secured by thla 1?eed of TYuat�I.�ender prlor to accaferation shall give ' �
<br /> ° nattce to Borrower as prov��ed in paregreph 12 hereot specltying:(1)the br��ch;(2)the ectlon requiroaito cure ;. ,
<br /> � such brcach;(3)e date,�ot less than 20 daysfrom the detethe notice is ma�lled to Bornawer,by whlch su�7�br�each .;`;: �i:
<br />-�'�;�,, must ise cured;end(4)that faU��e to ca�re such bresch on or before the date specliied In the notice mey rosult ,
<br /> '; In acceleratlonof the s�sms secaau�ed by 4hls Deed of 1Fust and eale of the Property.TNe noEB�a shell fuRher Iniurm I ,� `,
<br /> -_� 9orro�wer•of the rlght to re9�astate aiter acceleretlon ond the Nght to bring e court ectton to essert the nonexistence ,
<br /> - of e d�teult or any othor d�fense of Borrower to acceleration and sale.If the breach is not cured on or befor+e
<br /> ' the dete spe�lfled In tho notice,Lender,et Lender's option,may declere all ot the sn�ms sec�red by thls�eed
<br /> ' ,.�, of 7Yuat ta be Imniedlately duo end paysblA withoi�t fu�ther demana and mey invnke the power of sele and any .
<br /> ' other remedlas pea�nttted by appltcablo law.Lender shall bo entitled to collect all neasoneble costs and expenses
<br /> � incurred In pursuing the remedles prov6ded In t�is paragnph 17, including�but r�ot Iimited to, reasonable
<br /> �atornoys'tees.
<br /> '- • {t the power of sele is invoked,hustee ahall record e notice of detault In each coun4y In whlch the Property
<br /> � or cnma pa�thereof Is located and shall mall copies ot�uch notice in the manner prescribed by appllcable law i
<br /> • toBorrarrer�ndtotheotherper�onsprcsc�ibedby�p�Olicablelaw•Afterthelapseetsuchtimeasmery►berequlr�ed 4
<br /> � ' by appticabie law,Tivstee ehall give pubifc notice ot sele 4o the persons and In the man�er prrscribed by �
<br /> ., :� epplicable lew.Tkuatee,wlthout demartd on Borrower�shail sell the Property et public euction to the highest
<br /> bidder at the tlme and place en�unde�tho terms deslgneted in the��ottce of sale In orte or more parcels and ,
<br /> ' f__ _-_ -._ , _.- - ._____.._�_�,s,....�........�a�,n�ne.ituatee nt�r nostnorte sele of QU dreny parcel of thQ Property by publtc •
<br /> . _Q__—.______._-_ -__-_.-__. If10{[�ittViv67PV�ww..�•....
<br /> � ` ennouncement at the time end place of eny prevlously scheduled sale.Lender or L�ender's designee may - -
<br /> Y purchase tha Property et er�y sele. �
<br /> ' � Upon r+�celpi of payment of the prlce btd,lPustea shall deliver to the punchaser 1Fustee's deed conveying
<br /> } " the Property sald.The necttals In the lYustee`s deed shatl be prima facto evtdence o4 4he t�utiv of the staterr�ents
<br /> �` � made tltsrein.lYustee ghail epp(y the proceoda of the sele In the 4ollowing order: (a)to all reasonable costa
<br /> �� end expense�of the se�e, Including, but not Ilmlted to�1lvstee'a tees actualty i�c�r�+ed of na4 mor+e thAn
<br /> 4b of the gross sate pNce,reasonable ettorneys'tees and costa of t8tle evid�nce;(b)to ell sums
<br /> � secured by thls Deed of lrust;and(c)the excosy,If�ny�to 4he person or porsons legally entitied thareto.
<br /> � 18. Borrowsr's Right to Relnstete.Notwithst2nding Lender's accel�ration of the sums secured by this Deed
<br /> � -• � of�ust,due to Borrovrer's breach,�arrower sha�l have the right to heve any proceadings begun by Lender to entorce ,
<br /> thfs Deed of Trust disaontinued at any timo prfor:o the oarifer to ac�cur of(i)the fifth day beforo sale of the Property i
<br /> . pursuent to she power of sale contafned In thfs Deod ot Trust or(ii)entry of a judgment entorcing this Deed ot Trust it:
<br /> �
<br /> (a)F3orrnwer pays Lender all sums which would be Ihen duo under this�eed of Truct and the Note hmd no acceleration
<br /> � ..
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