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not personally liable on the Note or under this Deed of Trust, and (c) agrees that Lender and any other Borrower
<br />hereunder may agree to extend, modify, forbear, or make any other
<br />accommodations with regard to the terms of this
<br />Deed of Trust or the Note, without that Borrower's consent and without
<br />releasing that Borrower or modifying this Deed
<br />of Trust as to that Borrower's interest in the Property.
<br />12. Notice. Except for any notice required under applicable law to be given in another manner, (a) any notice to
<br />Borrower provided for in this Deed of Trust shall be given by delivering
<br />it or by mailing such notice by certified mail
<br />addressed to Borrower at the Property Address or at such other address as Borrower
<br />may designate by notice to Lender
<br />as provided herein, and (b) any notice to Lender shall be given by certified mail to Lender's address stated herein or to
<br />such other address as Lender may designate by notice to Borrower
<br />as provided herein. Any notice provided for in this
<br />Deed of Trust shall be deemed to have been given to Borrower or Lender
<br />when given in the manner designated herein.
<br />13. Governing Law; Seversbility. The state and local laws applicable to this Deed
<br />of Trust shall be the laws of the
<br />jurisdiction in which the Property is located. The foregoing sentence shall not limit the applicability of Federal law to
<br />this Deed of Trust. In the event that
<br />any provision or clause of this Deed of Trust or the Note conflicts with applicable
<br />law, such conflict shall not affect other provisions of this Deed of Trust
<br />or the Note which can be given effect without the
<br />conflicting Provision, and to this end the provisions of this Deed of Trust and the Note are declared to be
<br />used herein, "costs ", "expenses" "attorneys'
<br />and severable. As
<br />fees" include all sums to the extent not prohibited by applicable law or
<br />limited herein.
<br />14• Bwmwer't Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the
<br />time of execution or after recordation hereof.
<br />1S. Rehabilitation Loan Agreement. Borrower shall fulfill aA of Borrower's obligations under any home rehabilita-
<br />tion, improvement, repair or other loan agreement which Borrower
<br />enters into with Lender. Lender, at Lender's option,
<br />may require Borrower to execute and deliver to Lender, in a form
<br />acceptable to Lender, an assignment of any rights,
<br />claims or defenses which Borrower may have against parties who supply labor, materials
<br />improvements
<br />made to the Property. or services in connection with
<br />16. Trader of the property; Assumption, _ I f all or an property
<br />therein is sold or transferred by Borrower withouutr
<br />(a) pio
<br />ae��excludintrgg Le dears ritten conseent,
<br />•
<br />the creation of a lien or encumbrance subordinate to this peed
<br />the creation of a purchase
<br />orb( of
<br />money security nterest for household appli=
<br />(c) a transfer by devise, descent or by operation of law u
<br />a joint tenant, Lender may, at Lender's option,
<br />Deed of dbapth
<br />o!'
<br />declare all the sumsp seer
<br />Trust to be immediately due and payable. Lender shall have
<br />tlofn to accelerate if, prior to the
<br />waived cinch
<br />sale or transfer, Lender and the
<br />the Property is to be sold or transferred reach agreement in e
<br />credit of such person is satisfactory to writing person to
<br />that the
<br />Lender and that the interest
<br />Sam secured by this Deed of Trust shall be at such rate as Lender payable on the
<br />If Lender exercises such option to
<br />accelerate, Lender shall mail Borrower notice of
<br />acceleration in accordance with eicesof
<br />notice
<br />Period of not less than 30 days Paragraph ache ldate "the-
<br />notice
<br />shall provide which Borrower may Pay the surges declared due. If Borrower fails
<br />sums pries to tae expiration
<br />of such period, Lender ma to
<br />demand on Borrounr, invoke any remedies Pay such
<br />permitted b y' '"bout further notice or
<br />Paragraph hereof.
<br />NON - UNIFORM COVENANTS. Borrower and
<br />Lender further covenantrand f to
<br />17. Aecele atloa; Remedies- Except d provided In h 16 hereof, as follows:
<br />upon Borrower's s ca of any coveadt
<br />or agreameut of Borrower in tide Deed of Trust, including Borrower's failure
<br />to 10
<br />they are �' and s"'Y' secured by title Deed of Trust, Leader prior to
<br />after
<br />�noNcia
<br />acceleration shall give to Borrower us
<br />n p�rapb 12 hereof spedtyings I I I the breach; (2) the
<br />less action required to cure such breach; 131 a date, Trot
<br />1s fro® the date the notice t mailed to Borrower, by which such breach must be cared;
<br />fallen to cuss such breech
<br />and (4) that
<br />on or before the date specified In the notice may result in acceleration of the sues secured by
<br />ills Deed otTrust and sae of the Property. The notice shall further inform Borrower
<br />further In Bore
<br />ht t c
<br />of the right to Being after
<br />ecOdOMfou end the right to bring a court action to assert the no of er We after
<br />to
<br />a t any other defense of
<br />acceleration and sae. u the breach b not cured on or before the date
<br />specified in the notice, Leredec, at Lender's
<br />Option' may declare all Of the sums secured by this Deed of Trust to be immediately due and payable without farther
<br />;*
<br />may eke the power of
<br />sale and any other rem*" Permitted by applicable law. Leader shall be entitled
<br />todeemed ed
<br />col AU FOUGN" recurred In pursuing the
<br />share
<br />noses, f
<br />but net 1 rte,, romembee
<br />remedies prodded in th4 paragraph 17, Including,
<br />Q tbs Power 0( sae is Invoked, Trustee
<br />shall record a notice of default in each county in which the Property or some
<br />Pert tberes[ b located and alail mall reply of each notice In the manner
<br />Prescribed by applicable law to Borrower an
<br />t® the other p Prescribed by applicable law. After the lapse
<br />of such time os may be required by applicable law,
<br />Trustee OW give public notice of sae to the Pardons and In tine
<br />manner prescribed by appiicabk law. Trustee, without
<br />denesed on Borrower, SW sdl the Property at public section to the highest bidder
<br />at the time and place and under the
<br />of tae in one or more In
<br />Pateed and
<br />Peslpene ofsee all or an
<br />such order as Trustee may determine. Trustee may
<br />y parcel of the Property by Public announcement at the time
<br />scbsdtdsd
<br />and place of any previously
<br />sells. LsndK or Lender's may purchase the Property at any sale.
<br />UPS" eavellill dal PHmat of the
<br />price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property geld. The red" in the Trustee's dead
<br />shall be prima facie evidence of the truth of the statdaneet made
<br />lbw. Trustee skdi apply the Proceeds of the sale in the following
<br />orders (a) to all reasonable costs and expenses of the
<br />$419+ hWhWeg, but not Waited to, Trustee's fees actually Incurred of not more
<br />Prim' than �'
<br />if etterneys' tau Said costs of tide evidence; (b) to all gnaw secured hr the Dee,' of .. % off the
<br />!+ paean or persons legally entitled thereto. Ic) the ale
<br />IL Borrower's Rlgbt to Reinstate. Notwithstanding Lender's acceleration of the sums soured by this teed of
<br />must, due to Borrower's breach, Borrower shall have the right to have
<br />any proceedings begun by Lender to enforce this
<br />Deed of Trust discontinued at any time prior to the earlier to occur of (i) the fifth day betbre the sale of the Property
<br />pursuant to the power of sale contained in this Deal Trust
<br />of or (ii) entry of a )udgment enturcint, this Deed of Trust if:
<br />L (a) Borrower pays Lender all sums which would be then duc under this Deed of Trust and the Note I,.a;l no acceleration
<br />cxcurred; (b) Borrower cures all breaclteb of any other
<br />covenants or agreements of Borrower contained in this Deed of
<br />"rust; (c) 1ltutower pays all reasonable expenses incurred by (.ender and Trustee In enf(trcirlq Plc crnenants and
<br />Der
<br />Paragraphf1P7 hheerreof. including. but fl tit P itedito. enforcing
<br />Lender may rra%onjibly reglnre tar
<br />rtIeySCft!rs; 3nddld)rBorrowerPtakes stichraction is
<br />r
<br />asSllre (heal the lien nt tf11S I)eed rut lP'I151 l.Cnlfe7f" IntePl`St In the 1'1V,1)crl \' action
<br />fill /Tiiwgr S Elbl1(tatloll Pty pay the ell ltl; 4tle'lIrC /'t by they De of f rlls(
<br />%hail ellntinne nnlinp aired t ��N,fl ,117i1h Itfiy ftleill :llld
<br />4'llre t )y Nyrf'f)ad
<br />£his Deed elf 1tUSl anal PIIC ""119at1"11% Secured hereby shall remalPl
<br />A{'Lef HiJ r.l<rfl ticaet
<br />I Ira; d. ter red. In flip to ?i.e 'Ind rIfect ,a et PLP
<br />
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