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87-- 1036 not personally liable on the Note or under this Deed of Trust, and k) agrees that Lender and any other ewer hereunder may agree to extend, modify, forbear, or make any other accommodations with regard to the terms of this Deed of Trust or the Note, without that Borrower's consent and without releasing that Borrower or modifying this Deed of Trust as to that Borrower's interest in the Property. 12. Notice. Except for any notice required under applicable law to be given in another manner, (a) any notice to Borrower provided for in this Deed of Trust shall be given by delivering it or by mailing such notice by certified mail addressed to Borrower at the Property Address or at such other address as Borrower may designate by notice to Lender as provided herein, and (b) any notice to Lender shall be given by certified mail to Lender's address stated herein or to such other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given in the manner designated herein. 13. Gsnrwlmg Lawi SeverablNty. The state and local laws applicable to this Deed of Trust shall be the laws of the jurisdiction in which the Property is located. The foregoing sentence shall not limit the applicability of Federal law to this Deed of Trust. In the event that any provision or clause of this Deed of Trust or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Deed of Trust or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Deed of Trust and the Note are declared to be severable. As used herein. "costs". ,expenses" and "attorneys' fees" include all sums to the extent not prohibited by applicable law or limited herein. 14. Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and of this feed of Trust at the time of execution or after recordation hereof. 15. Rmbsbintatton Loan Agreem al. Borrower shall fulfill all of Borrower's obligations under any home rehabilita- tion, improvement, repair or other loan agreement which Borrower enters into with Lender. Lender, at Lender's option, may require Borrower to execute and deliver to Lender, in a form acceptable to Lender, an assignment of any rights, claims or defenses which Borrower may have against parties who supply labor, materials or services in connection with improvements made to the Property. 16. Trawler of the property. If Borrower sells or transfers all or any part of the Property or an interest therein. excluding (a) the creation of a lien or encumbrance subordinate to this Deed of Trust. (b) a transfer by devise. descent. or by operation of law upon the death of a joint tenant, or (c) the grant of any leasehold interest of three years or less not containing an option to purchase, Borrower shall cause to be submitted information required by Lender to evaluate the transferee as if a new loan were being made to the transferee. Borrower will continue to be obligated under the Note and this Lend of Trust unless Lender releases Borrower in writing. If Lender, on the basis of any information obtained regarding the transferee, reasonably determines that Lender's security may be impaired, or that there is an unacceptable likelihood of a breach of any covenant or agreement in this Deed of Trust, or if the required information is not submitted, Lender may declare all of the sums secured by this Deed of Trust to be immediately due and payable. If Lender exercises such option to accelerate, Lender shall mail Borrower notice of acceleration in accordance with paragraph 12 hereof. Such notice shall provide a period of not less than 30 days hem the due the notice is mailed or delivered within which Borrower may pay the sums declared due. If Borrower fails to pay such sums prior to the expiration of such period. Lender may. without further notice or demand on Borrower, invoke any remedies permitted by paragraph 17 hereof. NON- UNIFORM COVENANTS. Borrower and Leader further covenant and agree as follows: 17. Acceleration; Ronodlm. Exempt as provided IN P V 1 16 hereof, open ionoweer's breach of my covenant or aposrnout of No own In this Deed of Trust, Indndlog Borrower's 111 In pay, by the sad of 10 calendar days after lb" we due, any smm ascend by this Deed of Trost, Larder prier to sonlwaek" dealt gyve rhotts In Borrower m prodded In p—mili pb 12 hand speclfyinr (I) the breschl (2) tM action required to ewe sorb bnaebt 13) a date, not Into alum 20 days from the deft On notes Is mailed to Botrewor, by wbkb such I I lust be cured; and 141 that tallow so ewe such breach oa or bofon the due SVWWsd In the wmtloe my result In ataMr edso of the sw secured by ales Dosd of Treat and side of the Peoprty. Tin motto shall further inform Borrower of dw right to FA=t to after seedwell so and do right to bring a court aelfew to tonne the wsaalelsmm of a dofsWt er toy other eis9 of Borrower is smdosMlsu and male. If tin broulo k not ctvtd on or before the dam speetlled In rho optlow, nosy ekslaee an of the sea secured by ibis Deed of Trost to be Iomodisub doe and r timoand amd may Invoice the power of sale and any other reme I paoidad by ypnceble Iaw so of -an es-- s, costs nod expanses Incurred In posmimg the rooms" provNmd In tole pssagrap but mot Nmgsd io, nsemwahk altstneym' ism. N dw power of ale k khvebmi. Tertse dealt rem a matte ef dalamlt In tench county In which the Property or some pare dmomf Is Imeaud sad seen nan copies of such netts In alto tswmmsr pesesclbad by applicable law to Borrower end se the other parsons p a r It l by appneabk low. Aber the lopmm of sorb time n may be required by oppllable law, Thalloe shsn give pobnc motley of sat to the perests ofd In the manner p o crWed by appncahle law. Trustee, without dnm" stn Bomwor, slaty men the Property at poMk aostimm to the bigbmN bidder at the time and place end under the Hers designated In the notice of ask In ewe or here pace I and In such order rr' Trustee may determlot. Trustee may postpone side of all at sty pared of the Property by public anwoMesusenf of the the and place of soy previously miodeled sae. twmdw or Lew I as da II may purchase the Prepeely At my Oak. Up" receipt of payment of the price bid, Trusts moral ediver to the porchaser Trustee's deed conveying the Property sold. The recitals In the Trustee's deed .ball be prism facie evidence of the truth of the statements made tbadm. Trustee Shan apply the proceeds of the ode is the fellowIng order: lal to all reasonable cow and expenses of the ask. Including, but net Unned to, Trtrtes's tees actually Incurred of not more thaw ............. % of the gross We peke, reasonable aftewweys' has a" coots of tale evidence; (b) to sea sus secured by this Deed of Traci and (c) the ex- sus. K cry, to the pereso or p i lepelg' o Wiled thereto. IB. Bmrower's Right to Reinstate. Notwithstanding Lender's acceleration of the sums secured by this Deed of Trust. due to Borrower's leach, Borrower shall have the right to have any proceedings begun by Lender to enforce this Deed of Trust discontinued at any time prior to the earlier to occur of (i) the fifth day before the sale of the Property Pursuant to the power of sale contained in this Deed of Trust or (if) entry of a judgment enforcing this Deed of Trust if: (a) Borrower pays Lender all sums which would be then due under this Deed of Trust and the Note had no accelerat ion occurred, (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Deer. of 'fri si; (c) Borrower pays all reasonable expenses incurred by Lender and Trustee in enforcing the covenants and agreements of Borrmver oYmtained in this Deed of Trust and in enforcing Lender's and Trustee's remedies as provOcd in paragraph 17 hereof, including, but not limiter) to, reasonable attorneys' fees: and (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Deed of Trust. L.endcr's interest in the Property and Bexrower's obligation to pay the sums secured by this Deed of "trust shall continue unimpaired. Upon such payment and cure by Borrower. this Deed of Trust and the obligations w .ured hereby shall remain in full force and effect as if nu i,ttvirraiiam had occurred.