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not personally liable on the Note or under this Deed of�Trust. uand (�Orrees that Lender and any other Borrower
<br />hereunder may agree to extend, modify, forbear, or make any other accommodations with regard to the terms of this
<br />Deed of Trust or the Note, without that Borrower's consent and without releasing that Borrower or moth in this
<br />of Trust as to that Borrower's interest in the Property. g Deed
<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 it or by mailing such notice by certified mail
<br />addressed to Borrower at the Property Address or at such other address as Borrower 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 as provided herein. Any notice provided for this
<br />Deed of Trust shall be deemed to have been given to Borrower or bender when given in the manner designated herein.
<br />13. Governing Law; Severabiiity. The state and local laws applicable to this Deed 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 any provision or clause of this Deed of Trust or the Note conflicts with app licabl
<br />law, such conflict shalt not affect other provisions of this Deed of Trust or the Note which can be given effect without
<br />conflicting provision, and to this end the provisions of this Deed of Trust and the Note are declared to be severable. As
<br />used herein, "costs", "expenses" and "attorneys' fees" include all sums to the extent not prohibited by applicable
<br />limited herein. licable law or
<br />p
<br />14. Borrower's 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 all of Borrower's obligations under any home rehabilita-
<br />tion, improvement, repair or other loan agreement which Borrower en+ers into with Lender. Lender, at Lender's option,
<br />may require Borrower to execute and deliver to Lender, in a form acceptable to Lender, an assignment of any rights,
<br />claims or defenses which Borrower may have against parties who supply labor, materials or services in connection with
<br />improvements made to the Property.
<br />16. Transfer of the Property, If Borrower sells or transfers all or any part of the Property or an interest therein,
<br />excluding (a) the creation of lien or encumbrance subordinate to this Deed of Trust, (b) a transfer by devise, descent, or
<br />by operation of law upon the death of a joint tenant, or (c) the grant of any leasehold interest of three years or l
<br />ess not
<br />containing an option to purchase. Borrower shall cause to be submitted information required by [.ender to evaluate the
<br />transferee as if a new loan were being made to the transferee. Borrower will continue to be obligated under the Note and
<br />this Deed of Trust unless Lender releases Borrower in writing.
<br />If Lender, on the basis of any information obtained regarding the transferee, reasonably determines that Lender's
<br />security may be impaired, or that there is an unacceptable likelihood of a breach of any covenant or agreement in this
<br />Deed of Trust. or if the required information is not submitted. Lender may declare all of the sums secured by this Deed
<br />of Trust to he immediately due and payable. If Lender exercises such option to accelerate, Lender shall mail Borrower
<br />notice of acceleration in accordance with paragraph 12 hereof'. Such notice shall provide a period of not less than 30 days
<br />from the date the notice is mailed or delivered within which Borrower may
<br />to pay such sums prior to the expiration of such period, Lender may, without further tnoticeac rddemand8n Borrowerr.
<br />invoke any remedies permitted by paragraph 17 hereof.
<br />NUN - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />17. Acceleration; Remedies, Except as provided In paragraph 16 hereof, upon Borrower's breach of any covenant
<br />Of agreement of Borrower in this Deed of Trost, including Borrower's failure to pay, by the end of 10 calendar days after
<br />they are due, any suns secured by this Deed of Trust, Lender prior to acceleration shall give notice to Borrower as
<br />provided in paragraph 12 hereof specifying: (1) the breach; (2) the action required to cure such breach; (3) a date, not
<br />less than 20 days from the date the notice is mailed to Borrower, by which such breach must be cured; and (4) that
<br />failure to cure such breach on or before the date specified in the notice may result in acceleration of the sums secured by
<br />this Deed of Trust and sak of the Property. The notice shall further inform Borrower of the right to reinstate after
<br />acceleration and the right to bring a court action to assert the nonexistence of a default or any other defense of Borrower
<br />to acceleration and sale. If the breach is not cured on or before the date specified
<br />option' may declare all of the sums secured by this Deed of Trust to be immediately due andtpayable without further
<br />demand and may invoke the power of sale and any other remedies
<br />b catkrt all costs and ex permitted by applicable law, Lender shall be entitled
<br />expenses incurred in pursuing the remedies provided in this paragraph 17, including,
<br />but not !lWttsd to, reasonable attorneys' fees.
<br />If the Power Of sale In invoked, Trustee shall record a notice of default in each county in which the Property or some
<br />Part thereof Is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and
<br />to the other persons Prescribed by applicable law. After the 1
<br />Trustee shall give puWje �,� of sale to the � of such time as may be required by applicable law,
<br />demand on Borrower, PW shall tic the persons and in the manner prescribed by applicable law. Trustee, without
<br />terms Property at Public auction to the highest bidder at the time and place and under the
<br />designated in the notice of sale In one or more parcels and in such order as Trustee may determine. Trustee may
<br />postpone sale of all or any parcel of the Property by public announcement at the time and lace of an
<br />sebedulklif
<br />sale. Lender or Lender's designee may purchase the Property at say sale. P
<br />y previously
<br />P
<br />Upon rtteeipt Of payment of the Price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />sold. The reciWs in the Trustees deed shall be prints facie evidence of the truth of the statements made
<br />therein. Trustee *ban apply the proceeds of the sale In the following order: (a) to all reasonable costs and ex
<br />Salle, , but not limited to, Trustee's fees actually Incurred of not more than Pew of the
<br />Price' reasom"
<br />att ys' fees and costs of title evidence; (b) to all sums secured by this Deed of 7'ru t;tand (c) the sale
<br />If aary, to the or pemons legally entitled thereto.
<br />1b. war's Right to Reinstate. Notwithstanding lender's acceleration uf• the sums secured by this Ih.eAd of
<br />Trust, due to Borrower's breach, Borrower shall have the right to have any prr><e°ddin +s be
<br />Deed
<br />of Trust discontinued at any time prior to the earlier to occur cif (i) the fifth day b tifreltile sale ° uf�(hefPropet -tv
<br />pursuant it) the power of sale contained in this Deed ot''frust rrr tiid entry of it judf;rncni cnfitrcir?g this Ured of '!rust if:
<br />(a) Marc «wc�r pays lender all cams which �a�ctuld be then due ttndcr this tht.cl r +t ('rust arrd then Nutc hac{ nu accelct•atic +n
<br />occurred; (b) l3c?rrc,wer cures a {1 breach4s t)f rrny either cuvcn,urts or .tgtcernents of' 13urruwer crrrtt,ainc�f in this Died +•f
<br />Trust; tc) Borrower pays all reas�anahle expel' incurred by I,.+ndet and Trustcc rrr errfon•t'llig the crwenauts and
<br />agrecrntnts eel Borrower c°vrat 11le l in this I_hTd of 1'rust and in eul <a" end L,c°u�tl °r °s ,rnd i rustce's : r rnc�9ic , ,rs iiruyicl� ci in
<br />paragraph 17 hcrMsf. rnclua #irrg. hilt tta.+t litniled tae, rr-asouafric athrruco;' fee ant.l tell llrrrrrrwr:r t,tl:r�s �ucfa ;r�tiea
<br />l rrdcr rrray rear rrtahly requtrr; tr, assure that the Pier of 11m Dvcd rrr Irw
<br />n ,rs
<br />Horrt wet's obla ahott to 1_a,o tlrc �utrrs ss ^r�tifed by this lh�ad crt l rtrsi sh,al t l.�'nr{r�r'� nrrrrrst ,se rire� f'r,,i,rrte ,tnrl
<br />trarc kr f#€arrrrw�r. rltrs I)v l t,l Itu,t ,rail tire;° srlrfi <�tiura vk' urvx irr rr :t,aurFIielr6r�I tra�a�rrPr,r;r liri! Pr r� ,rrr irr t�trenr� rrr �rr�)
<br />accelerat xt+ had E,c.orrrd,
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