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<br /> In Intoro�t.Landar�h�ll not bo roqulrod to comrnonco procopdings agains such� �c o� o r rotuse to oxtond tim� .:_'
<br /> for paym�nt or otharwlse modlfy amortization ot fho surns secured by thls Deed of Trust by roason o4 any doms�nd mndo
<br /> � by the origlnal Borrow�r and Borrower's successlicable law,shall not be a wAivobaf or preclude the e e cn orot a Y �
<br /> -' reme dy i�er e u n d o r,or othev�r�lse afiorded by app .--
<br /> ` • ° such rlpht or remedy. ., ,�
<br /> , „ 11, Succeasora end Asslgne Baund;.loint and 5everal Lleb{Itty;Co-slgnerg.The covena�ta And agreemants
<br /> horefn con4elned shall bind,and the rights horeundor shall Inure to,the respoctive successors and assfgns of Lender �
<br /> and�orrower,subJect to tho provisinns of paragraph 16 hereoi.Atl covenants and agro3ments of Eiorrowor shall be ;.
<br /> �• Jolnt and several.Any Borrower onvectha98ar oiwer's nte est in�he P operty to 1Fu toohunder the terms ot�thls Deoid ��
<br /> Deed of Trust only to grant and c y
<br /> -” •• � of Trust,(b)Is not personally Ilable on the Note ar under this Deed o1 Trust,and(c)agrees that Lender�nd any othor ,
<br /> .. `` Borrower horeunder may agree to eho�tthat Boryower's consent and wthout eleas nflthat Borrow�r oamodliyl g thi� - 1�
<br /> of this Deed of Trust or the Note,w „
<br /> Deed of Trust as to tJ�a9.6orrower's interest in the Proper�ty. ,
<br /> '" 12, Notl�e.f�xm{�i f�r any notice requii�,f.arr.de"a.�p�icable law to be given in anotF.ar manner,(s)�►ny notice :
<br /> ' to @orro�ler provtd�t;�r in th�ihe P o�ert tJAct���s o��C S a..b o helr add ess as Borrowegmay deslgna e by ntotice " ' •
<br /> mail a�r���se�to Borrower at p Y -
<br /> to�,�;�,�° as provfded he�eln, and (b)any ns�lico to 6.G�:�t�7 shall be given by certftfed mail to Lender's addres� �:
<br /> s�atsd hereln or to such other address as L�:Rder may desi�nate by notice to �o�r,on:cr as provlded hereln. Any ; •._°.t;;+�a.:.
<br /> �'� ;: �
<br /> rzatice provldod for In this peed of Ttust sha�a��d��meri ta have been given to Borra�cr or Lender when given In the i, �� Y��.
<br />- ' rnanner designated herein. °.
<br /> y'y./-��.:._'".�..'v.--
<br /> ' 13. Governing I.aw�Severebllity.Tho sR�te and lacat E�evs appli�a�:e to this���d af trusY sCta�l be the la�tus of _ �,�^ n�r,_��:��
<br /> the jurisdictlon In which the PropErt�r is lacated.The forec��i��s�ntence shalt not UimB�g1���spplicabili4y of�edae�E Baw � �„����
<br /> ' all not attect athar provisiQns oi iiiis u�au�� „�,��„ a�rust¢�r17�F�I��4econfliCts wlth aF;pli���'� � � r '
<br /> �8W�such conflict sh ' -�T••-•--"�_w�..�...ub:..h non(�e tdvQD pf}FQt WI��TET1Ut "'"�`������
<br /> _.._..._______.. tothisDeedoflPust.lntheeventthatan pr�vnslon orclaus�n4thisDes�� a„V`V,., ,V r+ `_, -____,L-=�_--..
<br /> � ��.- -.v-
<br /> the conflfcting prov►sion,and to this end the pra�tiisions of this Deed oiTr�s1��d the Note are declarad to be severable. �::::.�°
<br /> «__-..
<br /> dbs u�ss��sereln,"costs","exponses"and"attarneys'fees"Include all sur�5 to the extent not prohlblted by appllcable ____�
<br /> la+v mr C¢cnited hereln. ������`
<br /> 14. Borrower's Copy.Borrowar shall be furnished a conformed copy oP the f�o4o�nd of this Deed ofTrust st the _�___. •-:.'�
<br /> tfine of execution er after recordatlon hereaf. ,�
<br /> ___—_ _ _ !F, qnNebtfi3a3can Loan Agreemen8. �t�rrower shaU fuli(II atl of Borrower's obllgatlona under any home ,,
<br /> -------- 1 • !ih l..ati�Qr.�Qn�Ar at Lender's ,�
<br /> �ehzbilitatlon,Improvemont,repafr,or other loan pgreementwnich 6orruwar e�dar� r.o�: j _
<br /> opY6�n,may requlre Borrower to exscute and dellver to l.ender,in a form acceptable to Lender,an assignment o}any ,
<br /> - • cig�O';�,�lalms or detenses which Borrower may have agai��i;pa�ties who supply labnr,materials or servlces In conna�tton
<br /> with impravements made to thd Property.
<br /> � 16. TI'anster of Property or a Beneflc9�0 9�3�res4 In�BarrAwa�9?�i!or any part of the Property or any Interest
<br /> ' (n It ls sold or transferred(or if a beneflclat intermst ir�Sorrower Is sold or transferred and Borrow�r is not a natural porson)
<br /> � �� withou4 Londer's prlor written consent,�n shall not be exerclsed by Lender f elxeecise Is p olhibft d by tederaleaw as �
<br /> by thla Deed of TFust.Howevor,thls optfo
<br /> , of tho date of this Deod of 1Fust.
<br /> If Lender exercises thls optlon,Lender shall give Borrower notice of acceleration.The notice shsll provlde a perlod ,
<br /> ' of not less than 30 days from the dute the notice Is dellvered or mailed wlthin whlch Borrower must pay all sums secured •.�`; - :
<br /> by thls Deed of'frust.If Borrower falls to pay Ehese sums prlor to the explration of thls period,Lender may Invoke any ,'T;� �
<br /> ' remsdfes permitted by this Deed of'if�ust wlihout further notice or demand on�B�arroee as tollows: "' .'���
<br /> � NON-UNIFORM COVENANTS.Borrower and Lender further covenant a � _ _
<br /> ` 17, Accaleratlon;Remedles.Except as provlded In paragrePh 18 hereof,upon Borrower's bnach c:S any Y
<br /> � � ovenent or agroement of Borrower In thls Deed of lYust�Incl�ding Borrower's tallure to pay�by the end c�t�i0 . t�
<br /> ; � Lender rlorto eccelen+tlon shall give �;`'���'��
<br /> ' � calendar deys after they are due,eny surns secured by thls Deed ot'(Yust� p „
<br />- • notice to Borrower es provlded In paragra�sh 12 hereot specitytng:(1)tho breach;(2)the ectlnn requlrad to curo '��t���y:_
<br /> � such brea�h;(3)a date,not less than 20 deystrom the date the notice Es malled to Borrower,by whlch s�uch broach ,,�
<br /> must be cured;and(4)that tellure to aure such breach on or�etore the date specltled In the no4lae mey resnit �
<br /> �r In acceleretlon of the sums secured by thla Deed of'IYust end sale ot the Property.The noRlce sheNturther(nbrm . � :�p••.
<br /> Barrower of the rlght to relnstate atter acceloratlon end the rlght to b�ing e court actlon to essert the nonexlsience
<br /> M of a default or any other detense ot Borrowor to aeceleretlon and sale.If the breach Ia not c�+red o0 or betore
<br />'? the date speclfted tn the notlae,Lender,at Lender's optlon,may declare all of the sums secured by thls Deed
<br /> � `� ot'iF�ust to be lmmodlately due end payable wlthout 4urther demand and may Invoke the power of saie end any
<br /> �•'• other remedles permltted by eppllceble law.Lander shall be entitled to collect ell rensoneble co�b and expenses
<br /> '�` � �' Incumc�ed In purs���y the remedtes provldod In thls paragreph 17, Including, but not Ilmltcsd to, reasanable ,
<br />__t.
<br /> . . ., a�'.ar�g.ys'fe�s.
<br /> .;; • ';.;;`,� , JUst�hB pawer of sa�o Is Invox�ed,Tl'ustee shatl rocord a notice of dcfeult fn each county in whiah the Property
<br /> ��� � %-" or at�rree part gB�97�of Is locatecl end shall mell coples of such notice In the ma��ner prescHbad by uppllca'b9$law
<br /> 'J:,.�.; . "
<br /> � tm 6orrower eroz�Q�m 4S�o other pe�:onsprescrlbed by appllcable lav�.�i��r tho Iapse of such 41rra�ae may►be required
<br />;,;�� �c�appllcable law� 'nustee�hall glve publlc noticQ ot sale 40 4lha pErsons end In 4hQ �p��er proscribcd by
<br /> .-. . ,+I<,�'' � a,pp7lsablo law.11�ustee,wt4��u4 demand on Borr����,�hall se10�he Property ot publlc auctlon to the�ilgl�eat
<br /> �-�' —_.....-_�•`�� _ bl�l�l�r et the tlme end plec�en�d undertheterms�laaJ�a�ated M the notic�e o��ale In one or mor��ar�m�s and •'.
<br /> • — - . ---••---'---'--v�e..�su.,�nnv narr_nl nf fh�PDO[➢OFSd IbY!lES1b11C
<br /> ��.�� �-- .In�uch order as TYustcv may�etemm�o�!rll8iC@ may Fsasaapvnv v............_._..�_--- '- . .
<br /> _'�; announcement at the tlma and plece ot any prevlouaty sched��ad sale. Lender or Lender's deslgnee mey �
<br />__� . purchase thQ Property et c+ny�ale.
<br /> Upon recelpt of payment of the prtce bId,lYustee shall dellver to the purchase�hustee's dQed conv�ying
<br /> 4he Prop�rty sold.The recttols In the T1�ustee's deed ahall be prlma faCle evldence ot the truth of the�atate►nents
<br /> i ' made thereln.'ihustee shall apply the proceeds ot the sale In the following order: (a)to all roasonable co3ts
<br /> �� and expensea of the sale, Including, but not Ilmited 40, hustee's fees actualty Incurred of not moro than
<br /> �h of 4he groas sele prlce,reasonable attorneys'feas and coste of tftle evldonce;(b)to ell sums
<br /> I .. ,
<br /> sacured by t{�Is Deed of 1Yust;anci(c)the excess,14 any,to the person or parsons legally entltled thereto.
<br /> � 18. Borrowe�'s Rlght to Relnstete,Notwithstanding Lender's acceteratfon of the�ums secured by this Deed
<br /> ( . of 1Fust,due to gorrowar's br�ach,Borrower shall havo the right to have any proceedings begun by Lender to eniorce
<br /> � thls Deed of TYust dfscontlnuad at any time prinr to the earller to occur of(I)the fifth day before salo of the Properly
<br /> I pursuant to the power of salo contalned In thls Deed of Trust or(ii)entry of a Judgmont enforcing this Deed of 1Fust If:
<br /> �' . ' (a)9orrowor pays Londer all sums whlch would be then due under this Deed of Trust and the Note ha�1 no accelerat�n
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