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<br /> „ 11. Nottce. Except for any noticc requireJ under applicable I��v to he given in nnrnher manner, (al ;u�y mriice to I�t)1"IIriVCf � �y�
<br /> provide� for in this Deed of'(}use shall be iven b deliverin� it or b ro;iilin� y ' �
<br /> 8 Y b Y h tiuch notirc h ccrtificd mnil addretiscd to Linrrowcr ,s,t�}
<br /> at the Property Addrcss or at such othcr address ns Uormwer mny dcsignatc by naticc to l.endcr as provided hcrein, �mcl (b) nny
<br /> � n�tice to Lender shnll be given by certificd mail to I.cnder's addrcss statcd hen;in��r to�;uch rnher nddrcss ns Lcnder nuiy desi�;nat� .'�'�
<br /> , by notice to Bonnwer as provided licrcin. Any notice provideJ fi,r in iliis Decd of lrutit shall be decmcd ��h:��r h�•rn i;i�en as� i -� "'
<br /> Ba��sowcr or Lei�der when bivcn in the manncr cicsignated hcrei�t. �z
<br /> �� I �t ��
<br /> 12.Go��erning Lmv; Se�Trnbillty.'fhc. statc and local Inws applicublc to this Dced of 71•ust sl►all bc thc I;nvs of�hc jurisdiction� �-
<br /> in which thc Properry is locntcd.Thc foregoing �cntrncc shall not limit thc applicability�f Fedcinl law to ihis pccd of'fl•ust. In th� � ��
<br /> event that any provision or clause of this peed of'I'rust or the Note conFlicts with applicable law, such conl'lie:t shaU not affect othe '�
<br /> prc,visions of this Deed of Trust or the Note which can be given effect without th�conFlicting provision,and ta this end the provision
<br /> of this Deed of 71vst and thc Note are declarcd to hc sevenhlc. As used hrrcin,"costs,""expcnscs" and "attorneys' fces" inclttd �`
<br /> all siims ta the cxtent not prohibited by applicablc law or Ii�niteJ herein. ,i�
<br /> 13.Borro�ser'.s Copy. Borrower shall be furnished a conformed ca{�y of the Note and of this Deed of Trust at the time of executio�ri'� ti
<br /> or after recordation hcrcof. , �,
<br /> 14.RehabilitnNon Lonn Agrecment.Horrowcr shaU fulfill all of$orrower's obligations undcr any hrnnc rehabilitation,improve•
<br /> ment,�pair,or othcr loan agrecment which Borrower entcrs into with Lendcr.Lender,nt Lcndcr's option, may mquirr Borrower to `
<br /> I execute and deliver to Lender, in a form acceptable to Lender,an assignment of any rights,claims ar defenses �vhich BoROwer m:►y
<br /> hnve against parties who supply labor, materials or�ervices in connection wiih impmvemrnts mnde to the Pmperty, u
<br /> I 1&.'IYansfer of the laroperty a�� Dcneficial Intcrest in lim•rmtirr. if all or any part of the Property or any intet�est in it is sold �
<br /> or transferrcd (or if a beneficial in[erest in Boirower is solJ or transferred and Borrowcr is not a natural person) without I..ender'.s • . ��,�
<br /> � prior written conse�tt,Lender may, a[its option,requi re immcdiatc payment in full of all sums secured by this Dced ofTiust.However, "
<br /> � this option shall not bc cxcrcised by Lendcr if exercisc is prohibitcd by f'eJei�al law as of thc date of this Deed of'i}vst. x.■�
<br /> If Lender exercises this oplion,I.�nder tihall givc Borrower notice of arceleration.Th�notice sh1U provide a period of not less '���
<br /> I than 30 days from the date the notice is deliverod o; tnailed within which E3orrower must pay aU sums securcd by this Deed of'I}ust. ' '1i"==-
<br /> . i If Bartowcr fails to pay thesc sunts prior to thc expira�ion of�hi,period, Lendc►•may invokc any remedics permitted by this Deed `' ��r
<br /> � of 7�ust�vithout furthcr noticc or demand on Bormwcr. .�.�,�t
<br /> � NON-UNIFORM COVENANTS. Borrowcr and I.endcr furthcr covcnant and agitc as follows: ' �
<br /> 18. Accelemtian; ltenicdics. �:xcept as provldcd in purn�raph 16 hcrcof, upon Uorro�ti�er'.s brnach nl'u�i., �Q.,��;��t sr —'����
<br /> u g n�.m:n i o i�s o r r o a c r i n t h i s U e c d o f'I t vs t,u�du d(ng t he co�rnunts ta paq whcn due any suttes secured by this I)ced of Tl'ust, I �'��
<br /> Lendcr�rior to nrccicrntion shall give noticc to 13orro��rr us pmvi�icd In pnr.��rnph 12 herenf speciPyin�;: (1) tlie bmnch;(2) �• �"�""�
<br /> the nettun reyulred to cure such brenrh;(�)u dute,not Iess tl�an !0 d�iys From Q►e dnte tlie notice is muiled to 13orro�tier,by � k �
<br /> whict�such brnurl� must be cumd;imd (4) thut fnilure tn cure such brcach nn or befirce the dute speciRed in thc notEce mny '
<br /> � , � result in nccelerution nP the sums secm•ed hy lhis Ucecl oP'Il•ust und sulc of thc Pro�mrty.The notice shull further lufbrm .:�;. � �
<br /> 13orro�tirr of tl�c ri�;ht to rcinsmtc.iRrr ncccicrntion and the ri}�ht to brin�u cnurt ucUon to asscrt th• � . �` �� �
<br /> �noucxistcnce oFa deSnult
<br /> or nny other dcfense of I3nrra�►er to necelerntimi and sale. If the bnuch k nnt cw•ed on or be[om the dute spccified In the � '; .�;� �
<br /> notice, I.endcr, at I.cnder's optlon, ms�y dcclare all nf the sunis secured by this Uced of'Ihust to bc tmn►ediutcly due and ' �
<br /> pay�blc without furthcr demt►nd�ind muy imoke tlta pm��cr of sulc amd any othcr rcnudics permitted by zip��lic�ble law I,endcr � � . a�� '
<br /> Ishall be entitled to cnllect all rcnsonublc costs i�nd cxpcnscs Incurrcd in punuin{;thc remedics prnvided in this parngrnph 17, ,. �" �
<br /> including, but not li�uitcd to,rcasonub(c uttnrncys' fces.
<br /> I 1P L�ender im•okes thr power of sale, Lendcr shall }�I�r written notice tn"It�ustec uf thc occurrence of un event of deFautt
<br /> and of Lcndcr's cicction to causc thc Prnperty to bc sold. 7lrostcc sliull rccord a noticc of znlc In rach county in which the ����"°�'
<br /> Property or some pa�K thereaf is locuted und sl�ull rnail copies of surh nndce In tlie mam�er prescribed by nnplica�ble luw to ��� � � * °"
<br /> I3orro�+rr and to thc othcr persons pmscribcJ by applicnblc luw.ARcr thc Inpsc of such timc ati may bc rcyuirecl by appftcablc ''� • �
<br /> Inw nnd afltcr�aUDicutton nnd postin�; of thc noticc of sulc.'1Yustcc, without dcmnnd on 13orrnarr,shall scll thc ProPcrty at j. '��`
<br /> , • public +iu.r.tiqp to 3he 6f�l�est bldder for rash i�t lhc time und��lacc desi�;natcd in the notice of�;aile. 95�ustce may postponc snle � �+�' ;
<br /> oP the 7'mperty by puhlic mnwuuccmcnt ut tl�e time imcl pWcc of any prcviously xchcdulcd sulc. Lendcr nr Lendcr'.s dcsi�;nec � ' �a. .
<br /> ' ►��Y purchnsc thc Property ut uny snlc. �:
<br /> 11-ustcc shatl dcli�•cr to thc purchliscr"Il•uslcc:ti d c e d c o m c y i n� t h c 1'r o p c r l y s o s n l t l �v i t hou t uny co�•cn�mt or wnrrunt�: I `�� �'•.1
<br /> expressed qr implicd. Ttte recitals fn tltc'il�ustce's dccd shall be primi� fueic cvidence of tl►e h•uU� of the st�temenGc made `k• +- �r j"
<br /> thcmtn.7Yustce shall apply thc procceds of tltc salc in the following ordcr: (a) to�11 rensonablc costs and expcnses of the sale, `� � '
<br /> � L�cluding, but not limihd to, rcnsotu�ble 7Yustee'.s und s►ttorneys' fees und costs of title evidenc�; (1►)to t�ll sunts secured by '
<br /> . this Dced of 7Yust; :�nd(c) thc exccss, If uny,to thc person or persons Ic�;ully entiqcd thettito or tn thc clerk of the superior M���
<br /> �' court of tlte county in which thc sulc took placc. � , � "
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<br /> 17. Ilvrro+tiYe'.s Right to RelnstAte. Notwithstanding Lender's acceleration of'the soms s�curcd by this Deed ot s due to
<br /> � Bo�rower's breach.Bormwcr shall havc thr right rc,h;rve any pmceedinbs begun by Lender to rnforc� this Dcrd of'i}ust diuontinucd !
<br /> , at nn y timc p r i o�•t o t h c c a r l i c r t�o c c u r�f(i) s a l c o f t hc Pmpcny pursuant to the powcr of.ralr contained in this Dced of'ri•ust or +
<br /> (ii)entry of a judgmcut enforcing this Deed of'IYust iL• (�J F3orcower i � Lender all�ums which woulJ hc Uirn cluc under this Dced t
<br /> of'iivst and tlie Note had no acceler�tion occur�td; (b)Buimwer cums a I brraChes of any other covenants or agrer.ments of Boimwer � ,
<br /> contained in this Deed of 7Yust; (c)Borrower puys all reasonable expenses incurnd by Lender ancl Truster in enforcing the covenants ' �
<br /> and agreements of Borro�vcr containcci i�i this Dccd o(Trust, anJ in enForcinb Lcndcr's a!id'I}ustcc's remcdics as pit�vided in paragraph �I
<br /> 17 het�of, including, but not limired ro, reasonable attorneys' fees:and (d) Bormwer takes such action as Lcnder may reasonably •'
<br /> rcquire to assum that the lien of this Deed of'IYust, Lend�r:� intcrLSt in thc Pmperry and Bormwcr's obligation tc►���ecured _:,��!I
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