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<br />not personally Iiablle on the Note 01 under this Deed of Trust. and (e) agrees tr".t Lender and any other Borrover
<br />hereund:r may agrlee to ,extend, modify, forbear, or make any other accommodations with regard to the terms of this
<br />Deed ofTruS! or th,e Note, v,ithout 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. Notice. Exeept 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 sllch 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 in this
<br />Deed of Trust shaH be deemed to have been given to Borrower or Lender when given in the manner designated herein.
<br />13. Governing Law; Severability. 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 Truslt, 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. Borrower's CoP)'. Borrower shall be furnished a confonned copy of the Note and of this Deed of Trust at the
<br />time of execution or after recordation hereof.
<br />15. 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 enters into with Lender. Lender, at Lender's option,
<br />may require Borrower to execute and deliver to Lender, in a fann acceptable to Lender. an assignment of any rights,
<br />claims or defensel; which Borrower may have against parties who supply labor. materials or services in connection with
<br />improvements made to the Property,
<br />16. Tr.msfeT oHbe l'roputy; Assumption. 'rf all or any part of the Property or an interest
<br />therein is selld or transferred by Borrower without Lender's ;pr,ior written consent,
<br />,!!xcluding ta) the creation of a lien or encumbrance subordJ.nate to this Deed of
<br />Trust, (b) t.be crefation of a purchase money security interest for hOUSehold appli-
<br />,a.n<?es or (c) a transfer by devise, descent or by operation of law upon the death of
<br />a )010t tenant" Lender may, at Lender's option, declare all the SUIIlS secured by this
<br />Deed of Trus't. to be immediately due and cayable. Lender shall have waived such
<br />option t01lcc:eilerate if, prior to the sale or transfer, Lender and the person to
<br />'"homthe property is to be sold or transferred reach agreement. in wr iting - that the
<br />credit of such person is sat~sfactory to Lende.r and that t.he inte.rest payable on t.he
<br />sums secured by. t.ins Deed ot '!'rust shall be at such rate as Lender shall request.
<br />If Lender exe,r'Clses such option to accelerate, Lender shall mall Borrower notice of
<br />2lcc~l~!ration in accordance "''lth pa.ragrapn 12 hereof. Such notice shall provide II
<br />perlod of. not 1.ess than 30 days from the dace the notice is malled or delivered
<br />"'lthll1 WhlCl'l 3oorrower m.aypay tne SUI\IS declared due. If Borrower fails to par such
<br />SUIIlS prlor tC) the expltatlon of such period. Lender may, without further notlce or
<br />demand on Borrc:>wer, inVOKe any rem.edies permJ.t:ted by paragraph 17 hereof.
<br />
<br />NON-UNifORM COVENANTS, Horrower and Lender lurther covenant and agree a, wi lows:
<br />17. Accelendll)n; Remedies. Except as provided in paragrapb 16 hereof, upon Borrower's breach of any covenant
<br />or agreement of llioll'fOwe,r in tbis Deed of T:1l5t. includinK Borrower's failure to pay, by the end of 10 calendar da,s after
<br />they are due. anJ' llunJ. sel.'ured by Ibis Deed of Trlbt. Lender prior to acceleration shall give notice to Borrower as
<br />prol'i~ld in plll4ltfllpn 12 hereof specifying: in the breach; (21 the action required to ('ure such breach; C31 a date, not
<br />less thlUl 2U day, flrom the date Ihe notice is mailed to Horrower, la which SlIcn breach must be l'ured: and i41 that
<br />failure to cure $I1(,h breacb on or hefore the dale specified in the nolice IllIlY result in accdel'lll!oll of Ihe sums secured by
<br />this Deed 01. Trull and "ale of the Property. The Ilotke shall furl her inform Bot'rower of the right to reinstate after
<br />llCceleralioll Wid th,e rigbt to hring 1I1.'Outt action to li..uert the nonexistence of II. default or any other defense of Borrower
<br />to M"("1!.lerlltion and sale. If the breach is nol cured 011 or before the date ,pecit1ed in the notice. under, at under's
<br />option, may dechme all of the sums secured by this Deed of Trust to be immt'diatf~..ijWle!E1.'... ,er
<br />demand and ma,' illwoke tbe !>Ower of sale and any other ceroeweII permitted by ap ic~"IAtnder so ,titted
<br />to collect aU rellSlmab!e ,'Q$ts and upeoses incurnd in pursuing the remediell pro'i~ed'In~....graph ... . .f g,
<br />but nol: limited to, r'easonable attorneys' feell. -- - -
<br />If the power of sail' is in\oked, Trustee shall Neora a notlee 01 default in ellCh county in ..bieh the Property or some
<br />put thereof Is 1<K:alted allla shall mall copiell of such nodl."e in the manner prescribed by applicable law to Borro",'er and
<br />to the other persons preliCribed by applicable iaw. After the lapse of such time as may be required by applicable law,
<br />Trustee shaJj give, Il,ublic noli.ce of sale to the persons and in the manner prescribed by applicable law. Trustee, without
<br />demand on BorrlJ,wer, shall sell the Property at public auction to the highest bidder at the time and place and under the
<br />term.s dellignated in the lloth,:e of saie in one or moOre paccels and in such order ItS Trusu'C may determine. Trustee may
<br />postpone sale of aU or IInY parcel of tbe Property by public llJ1I1ouncement at the time and place of any previously
<br />scheduled sale. umder or under's dellignee may purchase the Property at auy sale.
<br />Upon receipt of payment of the price bid. Trustee shaH delher to the pun:haser Trustl.>e's deed con\eylng the
<br />Property sold. Tbe recitals in the Trustee's deed shall be prima facie evidence of Ihe trlllh of the .tatemellls made
<br />therein. Trustee shall apply Ihe proceeds of the sail' in the following order: la i to all reasonable costs and upenses of the
<br />sail'. including, blut lIot LImited to, Trustee's fees actually incurred of nol more than . NA. , . . , . . , . . "70)( the gross sale
<br />price. reasonable attorneys' fees and costs of title evidence; (hi to all sums secured hy this Deed of Trust; and Ie) the ex-
<br />cess, if any, to tlN, person or persons legally entitled therew.
<br />HI. Borrower',. Righi to Reinstate. Notwithstanding Lender's accekratleJn oi the sllms secured by this Deed of
<br />Trust, due to Borrower's breach, Borrower shall have the right to have any ptoceedmgs begun by Lender to enforcc this
<br />Deeq of Trust discontinued at any time prior w the earlier to (x:cur of \i) the fifth day before the sale of the Propeny
<br />pursuant to the power of sale contained in this Deed of Trust or {iiJ entry of a Judgment enforCing tillS Deed of Trust if:
<br />(al Borrower Lender all ;wms ""hidl would be then due under this Deed of Trust and the Note had llO acceleration
<br />occur-red; (bJ c!Jre<~ aB breiu::hes of any other covenants l)f agreernents of Borrower contained in this Deed of
<br />(c) Borrower pays an reasoD$tble e-xpenscs!rtcurred by Lender and Trustee in enforcing the \:ovenants and
<br />agreen'lent.s of Bcrrr'{}Wer containt,:d iI1 this I)cedofTrust ~nd enf~)rCing L"ender's ;t,nd Trustee's rernecbes as provided'!'n
<br />7 hereof. HrniH~d n:asonabie atu::,rneys' fe~s; ;'lnd B()n'I,)WCT takcs sucb ~~('ti:on ~S,
<br />that tht;
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