Laserfiche WebLink
85- 0062`,5 <br />M personally liable on the Note or under this Deed of Trust, and (c) agrees that Lender and any other Borrower <br />hereunder may spree 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 modifying this Deed <br />of Trust as to that Borrower's interest in the Property. <br />12. Nedes. Except for any notice required under applicable law to be given in another manner, (a) any notice to <br />1 <br />1 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 />suih other address as Lender may designate by notice to Borrower as provided herein. Any notice provided for in this <br />Dud of Trust shall be deemed to have been given to Borrower or Lender when given in the manna designated herein. <br />13. Geveming Lawl Seversbb8ty. 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 applicable <br />law, such conflict shall not affect other provisions of this Deed of Trust 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 severable. As <br />used herein. "costs ". "expenses" and "attorneys' fees" include all sums to the extent not prohibited by applicable law or <br />limited herein. <br />14. Deerowor'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 />13. R411iinIMMIsdon Les Agmement. Borrower shall fulfill all of Borrower's obligations under any home rehabilita- <br />tion, improvement, repair or other loan agreement which Borrower enters into with Lender. Lender. at Lender's option, <br />may esquire Borrower to execute and deliver to Lender, in a form acceptable to Lender, an assignment of any tights. <br />claims or defenses which Borrower may have against parties who supply labor. materials or services in consectioa with <br />improvements made to the Property. <br />K. 7mmO ref tiro Pduporty: Asrsoptios..:If all or any part of the Property or an interest <br />Herein is sold or transferred by Borrower without Lender's prior written consent, <br />emcludi (a) the creation of a lien or encunbrance subordinate to this Deed of <br />Trust. (b) the creation of a purchase money security interest for household pie- <br />antes cc (c) a transfer by devise, descent or by operation of law upon the death of <br />a joint tenant. Leader stay, at Lender's option, declare all the sums secured by this <br />be <br />Deed of Tsust to immidintely due and payable. Leader shall have waived such <br />o�tioe too owelerate if, prior to the sale or transfer, Lender and the person to <br />vbota the lroptrty is to be sold or transferred reach agreement in writing that rile <br />is <br />credit of mm* person satisfactory to Lender and that the interest payable on the <br />sums secs ed ced by this De of Trust shall be at such rate as Lender shall request. <br />If Leader examines such option to accelerate, Lender shall mail Borrower notice of <br />acceleration in accordance with paragraph 12 hereof. Such notice shall provide a <br />ioid <br />sew than 3pp0aa days from the date the notice is mailed or delivered <br />toohfiCb declared due. If Borrower fails to pay such <br />SUMS peihi to the irationy of such notice or <br />dermal on >forrowr, invoke any remedies permitted by paragraph 17 bereo f. <br />Non- UNIPORM COVENANTS. Borrower cad Lender farther covenant and agree as follows: <br />17. Aooeiesmidsm Roeedos. Except as provided is paragraph 16 hormE, spew Sawewur'e bread of arty asnrst <br />or agreonomt of loons ear is this Deed of Trsst, Including Badewer's f4dore to pay, by the seal of 10 colander days slier <br />they mss des. say smr ser:mrod by dds Dead of Trust, Loader prier to aorwlessWs shoo she sstfoo to Baremir as <br />pee'rilded In I S I l 12 bust spw*lugs (1) dw breech; (2) the arch n aired a tree sect �t (3) a dam, we <br />` <br />less diem M days hen tots diste dw sodas, is mailed to Borrower, by wWcb such bnmclo oust be torsi; end (41 tilt <br />failos a Core smeb beoaci so or hslis the daft specided is do medico may result is acoaleradon of the sums not seed ti <br />this Deed atTrust and sale of the Property. The nodes shall feather idws Borrower of the right to in isstmse debar <br />arodsrades and dos fight to bslsg a room action to aunt the nomickteuee of a de&ult or smy other I ouet of Do ewer <br />to aecoteeaflsm and sale. N dw I b not cored on or before the dsm spooMed Is the media, Lender, at Lomder'd <br />spelm, any I all of die wee per v s by rhos Deed of Trost to be ioaoib►mly doe and payable witiont fnedior <br />deemed and ray Wolin de !ewer of sale and any odor reaedbes permitmd by applicable law. Lander sbdl be oudded <br />is Comore all mimmabe ones and expenses Imconsi In pursuing the media provided m this preslgrao 17, imdodiag, <br />but not Imbed m, esmsstsaloM aesorssyr "low. <br />tt ds !tower of cots h evdtod, Trsseo ehW reeoo a mode of dsfatlt m pewit eessty f• which tie Pespsrty der sees <br />Peet ttltoeoof is !sari and dM eW cmplia of such uotlae in do ai mm r I dboi by apploolde law to Beerewty and <br />m dos ode possess I re P I o I by aMleabie law. After the htpse of such tine as may be requird by applicable law, <br />Troeme" She pWM ssdee of sale to dw pereess and in du aamssr preecriloed by appliles" law. Tame. witbwt <br />di mmmd on Be - mr, dhalb sed do 1%"a ty at public anodes to de bigbet bolder at dw Use and place and under de <br />err dmigmmed In dm on" of side Is me or mien parcels and lm sorb order as Tresses may demreise. Trusses ray, <br />pasVome sale of W w any pared of dot Property by public aommom of at din rice and place of my prev{trsy <br />eebddW win. Losdsr or Lomier's I Igseo may puchme the lreperq at any sale. <br />Upon iselpt of peyosomt of the pries bld, Trustee shW deliver to the purchaser Truseee's deed conveying the <br />>fnMly said. The eem11 s In dw Trsmo's deed died be }ring table evide ee of the rrsth of tbt smsomsse sole <br />thnsim. Trnim shall apply Ilse pneosis of the sale Is the foiMwhog order: fa) to all reasonable cats and expenses of do <br />sob, relmdN - but met prime Is, Trsstot's fns actually Imcereod of not more dam ............. % of the gnu said <br />prfa. res..mblm.nar..ye' Gee and esa of old. e.idsortt rob se W sure seeeeed by tbb Deed of Trstt sod (e) de a- <br />can, N my, to do pees.. or P.n.ss legaly.sddod thereto. <br />18. Ssiniower's R*W m Roisstate. Notwithstanding Lender's acceleration of the sums secured by this Deed of <br />Trust, due to Borrower's breach. Borrower shall have the right to have any proceedings begun by Lender to enforce this <br />Deed of Trust discontinued at any time prior to the earlier to occur of W the fifth day before the sale of the Property <br />pursuant to the power of sale contained in this Deed of Trust or (ii) entry of a judgment enforcing this Deed of Trust if: <br />(a) Borrower pays Lender all sums which would be then due under this Deed of Trust and the Note had no acceleration <br />occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Deed of <br />Trust; (c) Borrower pays all reasonable expenses incurred by Lender and Trustee in enforcing the covenants and <br />agreements of Borrower contained in this Deed of Trust and in enforcing Lender's and Trustee's remedies as provided in <br />paragraph 17 hereof, including, but not limited to, reasonable attorneys' fees; and Ids Borrower takes such action as <br />Lender may reasonably require To assure that the lien A This Deed of Trust. Lcnder's interest in the Property and <br />Fjorrowdt > obligation to hav 1h.• •.urns wcurrd by this D,- I 4 (Yasf Ohall cmthnue unimpaired. (,;win such payment and <br />curs t;,, Florrnwer •I 1rt:"t .lod •I)• urctl hail remain to full farce and effect as if nu <br />