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liable on the Note or under till, filed it 'Trust. and (c) agrees that lender and anx Other Borrower
<br />not personally
<br />modify, forbear• or make any other acconimodalions lvith regard to the terms of this
<br />hereunder may agree to extend,
<br />without releasing that Borr(rwcr or modifying this Dvcd
<br />Dted of Trust or the Note. without that Borrower's consent and
<br />of Trust as to that Borrower's interest in the Property.
<br />under applicable law to be given in another manner, (1) am notice to
<br />12. Notice. Except for any notice required
<br />for in this Deed of Trust shall be given by delivering it or by mailing such notice by certified mail
<br />Borrower provided
<br />to Borrower at the Property Address or at such other address as Borrower may designate by notice to lender
<br />addressed
<br />(b) notice to lender shall be given by certified retail to Lender's address stated herein or to
<br />as provided herein, and any
<br />such other address as Lender may designate by notice to Rorrouer as provided herein. Any notice provided for in this
<br />Deed of Trust shall be deemed to have been given to Bornlwcr or Lender when given in the manner designated herein.
<br />13. Governing Law; severabflity. The state and 1(xal la%vs applicable to this Deed oiTrust shall be the laws of the
<br />in which the Property is located. I'he foregoing sentence shall not limit the applicability Alt f=ederal law to
<br />jurisdiction
<br />this Deed of Trust. In the event that am' provision or clause of this Deed of Trust or the %me conflicts with applicable
<br />law, such conflict shall not affect other provisions of this Uce+! of -1 rust rlr the Note v('hich can be given effect without the
<br />conflicting provision, and to this end the provisions of this Deed of l rust and the N11te arc declared to be severable. As
<br />used herein. •'costs ", „expenses'• and "attorney.' ices" include Al sum, t., the extent not prohibited b. applicable li- or
<br />limited herein.
<br />14. Borrower's Copy. Borrower ,hall be turnishcel it conformed cnpv of the Note and of till, Deed it' ]'rust at the
<br />time of execution or after recordation hereof.
<br />lilltill +1! of Borrower\ oblig:tnons under ails In1me res
<br />IS. Rehabilitation loan Agreement. Borrm%er shall ;
<br />option.
<br />tender. l.cncfer, of Lc•ncter's option,
<br />tion, improvement, repair or other loan agreement w}llch Borrower enters inn, tyith
<br />to Lender. in a torni acceptable n, Lender, an assignment of any rights.
<br />may require Borrower n, execute and deliver
<br />%k till
<br />claims or delcnses which Borrower nlay ha•:c• against parties srtlo supply labor, material, or services u; connection
<br />improvements made eo the Property
<br />16. Transfer of the Property. It Borrower sells t,r transfers alt or and part of the Property or in interest therein.
<br />(al the creation of a hen or encumbrance suhol(hn:llr u, !his i ved of I runt, till it nanster by devise. descent, or
<br />excluding
<br />bx tlperarlon nt raw upon the dead, of a pant tenant. tit (c) the grant tit .Iris leaseh(sld Interest of three %car% (1r less not
<br />Borrower shall cause to be silbrilittcci inhlrmanon reyutrcct bs Lender ill realkiaic the
<br />on ;aitang an option to purchase.
<br />loar acre being made to the transferee Borrower +III cununuc t+, he nhli ;n rd ;order ;hr �t,rc and
<br />rr.wn kree as It a new
<br />thn Dret! of Trust unles, i ('ndcr reiv.,ses Borrn,lver tit tvnunv
<br />H Lender. •m the ba,t•, It ant Int.+rmmitill „punned r_L!arding the lraolslercc. rca,onai,i, deter:rllne, that Lender',
<br />Ise unp;oreft :,r that there 1, an unacceptable l:k 11t , ,d J + her:, h it ails coten:;nt +,r aCrecnler.l in this
<br />h, tilts llrrd
<br />I)c•ed t., l rust, or it file requlreo inl:,rinatrlll is ❑•u subnitt!e,1. Lcntb,r n n acct Ir< 'oil d the .u:m srsured
<br />+,t 1?u,t fr• be tit "llwdiateix duc :old paealie. It Center rxerrlu•, ..r.h ,,pul.n r,l a.ce!c rte. lrn;lcr shall marl B,lnvlwrr
<br />•,.1tt,c +d acccic•ra+ I(,n In o dance t(ith pararr+ltll 1? ht•r r„! su.!, I:,. ,h a!1 ; t:n ulr :1 per - :; •.I •u',t lr,s than i!1 1a '•.
<br />frtml the date• the c:uuee !. nl,uled ,,r ('c111cn•t! ,lthm tt hit 11 flora,,,,', i r. p,n 111(- till" r(a flue it Borr —cr lark
<br />ill ila� such sums prior to OIL. rxplr,+u „a +11 such r >rrt+xl. I t-mlrr ncn 11l!111tu turihc
<br />rr+(.,kc .In, rcnledte, lxrtilitted bs paragraph 1 ' herd,
<br />No LisAlf tlR]t U1 %I %%%I*, B+,r'r(+ tier.+ red l en;lrr till tile: n,l rtt,ull all,! .lcrcr a, t+ni t(s
<br />17. Acceleration; Remedies. I :xcept as pr tided in paragraph 16 hereof, upon Borr(rwtr's preach of any cosenant
<br />or agreement of Borrower in this Deed oll Trust, including Borrower's failure to pay, Ise tie end tit it) calendar dais after
<br />Borrwer as
<br />thes are due. any sums secured by this Deed of Trust, I reader prior al acceleration shall give notice to o
<br />in 12 hereof specifying: 111 the breach; 121 the action required to cure such breach; 191 a date, not
<br />provided paragraph
<br />less than 20 days from the date the notice is mailed t(i Borrower, by which such breach must he cured; and 141 that
<br />breach or before the (late specified in the notice may result in acceltratiou of the sums secured by
<br />failure to cure such on
<br />this Deed of Trust and sale of the Property. The notice shall further inform Itorrlwer 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 />and sale. Il the breach Is not cured tin or before the date specified in the notice, tender, at Lender's
<br />to acceleration
<br />option, may declare all of the sums secured by this Deed of I rust to be immediatels due and payable without further
<br />demand and may invoke the power of sale and any other remedies permitted by applicable law• Lender shall he entitled
<br />to collect all reasonable costs and expenses incurred in pursuing the remedies provided in this paragraph 17, including„
<br />but not limited to, reasonable attorneys' fees.
<br />If the power of We is invoked, Trustee shall record a notice of default in each county let which the Property or sume
<br />part (thereof is located and shall mail copies of such notice in the manner prescribed by applicable law 10 Borrower and
<br />to the other persons prescribed by applicable law..'efter the lapse of such time as may be required by applicable law,
<br />Trustee scull give public nailer of sale to the persons and in the manner prescribed by applicable law. Trustee, without
<br />demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the
<br />'
<br />designated In the notice of safe in one or more parcels and in such order as 'I Fluster may determine . irustee may
<br />ter ms
<br />sag of all or any parcel of the Property by public anno incement at the time and place of any pr"ioush
<br />Postpone
<br />scheduled sale. Lender or Lender's designer may purchase the Property at any salt.
<br />Upon receipt of payment of the price bid, ' Trust” shall deliver to the purchaser Trustee's deed con "Ing the
<br />Property said. The recitals in the 'Trustee's deed shall be prima facie evidence of the truth of the statements made
<br />(herein. Trustee shall npph the proceeds of the sale in the following order: in) to all reasonable crests and expenses of the
<br />side, including, but not limited to, 'Trustee's fees actually incurred of not more than .......... . .. "� of the gross sale
<br />reasonable attorneys' fees and costs of title evidence; till to all sums secured by this Dftd of Trust; and let the ev-
<br />price.
<br />ce ", if any. to the person or persons legally entitled thereto.
<br />iN. Borrower's Right to Rtinstate. Not wlehsl:mdini, lender', .ICC(krau „It .,t rile sum, ,•.run'tl ht tiles I >rc +1 (,I
<br />I rut(. ant• 11, Borrower's breach, Borrower, ,hall hate Ike• 11011 1' 1.t1e .test 111 +, +,, tine, br;,un ht I (nrler t, +rill. +r.'t• till,
<br />Doot t f ruxl It 1,e,!mlml<'<1 A '3rlx little pil"1 t., file (arht'I rt,'k,kl7 itt 11 01. . fI .I It t t I rt' ttl' d( . t 11 } 1•,I .'(It
<br />(rot to th 111 %” r It ,,ill' ,. ,Ill .11lle+.I ill Itll, I It.t. 1 I I' t,I „l ! II I etill, ol ., ! 'I4 111 'lit ref. 1 1111 fit,, I! it M I t'ti,l If
<br />�tt
<br />17nISn
<br />at H( n—cr pads Mender all sum, hl<! uuuld he ton fu. ti 11,1,1 If i 1 t r , , 1 Iv a1 .i l l N' i 1. + f n, " 'I-11 I t I
<br />11', ! r
<br />Kr tr..;l il.l Hmn -vie 'ur,rs Al 1 r' .r.hcs +.t an•, Ih( tine 1 , +tl 111, 11, ii nt - el n Ins wtl In 11,1 ,
<br />i rust. I, , BarrnaAir ;,,lvs :111 n t+,.,nahtt + xpcux , I L. 1:ruJ u..t fit,
<br />,gtv,- 11%, fit, tit I il,rn,ue r. 1.111.11 n"d Ill tin, Iit',d „t 1Iw'; .11,.1 Ih 'il tt `t ..'. ,. t (,U 1,'1 al 1till, ', It'Ir,.I,i', ,1, I'I,,, I,Ir•I ii.
<br />(P[
<br />tin!
<br />I,.; 41}dT d(>il t 1rr,'nf. II:,. itl+tlll t; i'llt nvl tmotol h' r„r.. r. '.) L' •,. Ih.l ,•It B„!1.,,. ,' !.1 �!, .0 ''- 1, , •
<br />. ....,elf' lit,.! !Il. .t .. �. .. "t I..,t,
<br />!...- ,I. .. - .... t .,
<br />, ., i).. t I ,
<br />H „rr t.�s >. +t :. •i. .., I�...h. ... ... tl.•.l Ott, h r
<br />a
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