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82-~3f? ~ Qt38
<br />' not-personally. liable on the Note or under this Deed of Trust, and (c) agrees that Lender and any .other Borrower
<br />hetrunder may agree to extend, modify, farbeaz, or make any other accwnmodations with regard to Lhe terms of this
<br />Deed of Trust or the Note, without that Bortower'SCOnsent and without"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 noti,e 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 Linder
<br />as provided herein, and (b) any notice to Lender shalLbe given by cea3ified mail to Lender's address statrd herein or to
<br />sueh;other address as:Lender maydaignate by notice to Borrower as provided herein. Any noticeprovided for in this
<br />.Deed ofTrautshall brdeemed to have been given to Borrower of Lenderwhen given in the manner designated herein';
<br />13. Ga~exnisg La~-; Sevetab111ry. The state and local laws applicable to this Deed of Trust s:talf be the laws=of the
<br />jurisdictiodin which the,Property is located. The foregoing sentence shall not limit the applicability of Federal law to
<br />this: Deed of Trust. In the eventthat any provision or clause of this Deed of Trust or the'Npte conflicts with applicable
<br />Iaw,such confliM shall not affext other provisions of this Deed of Trust or the Notmwhich can be given effect withauTthe
<br />rnnflcting provision, and to this end the provisions of this Decd of Trust and the Note aze declared to be severable. As
<br />used herein: "costs", "txpensex 'and "attorneys' fees> indudeallsumsto the extent'npt prohibited by.applicable ]aw or
<br />.limited herein:
<br />14. Borrower's Copy. Bottower shall be furnished a conformed copy. of the Note and of this Deed of Trust at the
<br />time of execution o<after recordation heKeo£
<br />IS. Rehabilltatba hoes Agreement. Borrower shall fulfill all of Borrower's pbligations under anyhome rehabilita-
<br />tion, improvetnent, repair or otherloan agreement which Borrower enters into with Lender. Lender, at Lender's option,
<br />may require Bottowet` to execvtaand deliver to Lender, in a form acceptable to Iznder. an assignment of any rights.
<br />claims or defenses which'Borrower may have against patties who supply labor, materials or services in:coatnection with
<br />improvements made to the Properr?:
<br />16. ?ettr[ar of t6s Pmpeety: AsYSptios. ;If all or any' part of the Property or an interest
<br />therein is-sold or transferred: by Borzowr .without Lander'a prior written consent,,
<br />excIttd fa) the' creation of a lien 'oz encuobrance subordinate 'to this Doed of
<br />Trust, (6J thY creation of a purchasY monYy 'sYCUrity ihterYSt for household appli->
<br />anew or ' (c) a transfer, by devise, descent or' by operation of law :upon file death of
<br />a joint.tanant, Lander'ieay, at Lsader's option,. declare all the sums seeused by this
<br />Deed o! Trust to be i»aeediately due and payable. "Lender -shall have waived such '
<br />opption to accelerate i!, priex to the sale or transfer, .Lender and the person- to
<br />whom. the Property is to be sold; or transferred leach agreertent in 'writ_i.n that the
<br />credit of audt person is aatisfactory,to Lender and that the interest payable on the
<br />-rater aecused ry thin>;Deed of'Trust shall be at such"rate.'aa.Lender shall: request.
<br />If LtndK: exercises such option to accelerate,'Lender hall mail Horsower`_notice of
<br />acceleration in-accordance with paragraph 12' hereof. Such notice shall ptovi:de' a
<br />.period of :.not le's than 30 daps fret the' date theenotiee `is mailed or delivered
<br />within which Borrower say ,pay the sure declared due.- Zf Borrower fails to pay su..~.
<br />euttr prior' to the expiration of-such.poriod, Lender> may,<without futthea notice`.ot
<br />des~nd an Borrower, invoke any tetrediss peraitted by paragraph 17:hereof. ,'
<br />...
<br />Novi-UNIFORM COVIxi~NTS Botrower,and Lender further covenanrand agree as follows:
<br />17. Acwlsestios; Remedla. Ezeept as proviekd Lt paragraph 16 hereof, rrpon Borrower's breach of nay coveoaar
<br />or agreement of Borrower is th-s Deed of Tratet, including Bareos-sr's fatties to pay,: by the eed of 10 cakudar days after.:
<br />they tare dw, asy sems aeeYredrby this Deed of Trost, Leedee psi"ar to acceleration shall give nodtt to Borrower as
<br />proNded ie paarsgraph 12 hareot spaci[)iug: (1) the breach; (1- the action tagaired to carve such breach:. {31 a date, not
<br />!w rhea 20 days from the data the asotlce u mailed to Borrower, by whkh such'hreac6 mast be-cured; asd (4- that
<br />(allure to ruse such breach os or before the date sPeciBed is the ootke may result in accekratloY of the sane secarted by
<br />thM Dead oLTrmt aed sa/e of the Properly. The notke shall farther inform .Betaowcr of the right to reiestate after
<br />acceleradon and the right to bring a court adios to assert the nooeaieteace of a da4Ylt or asy other defense of Borrower
<br />to acceleratkn and sale. 1[ the breach is not cared o0 orbciote the date spaciBed=in the ootke, Leader, at Lea&r's
<br />optloa, may,dechtre all:of the sow secured by thin Deed of Trost to be immed4teiy due and payable without forthcr
<br />demand asd may Invoke the power of sale sad any other remedke permitted by applicable law. Leader shall be entitled
<br />to colket all reirsosabk costs and ezpeoses incurred Iq pasntdsB;the remedies provided ie thb paragraph 17, tncludlsg,
<br />but not limited to, ansonablt attorneys' fern.
<br />If the power at sale is invoked, Trazztee shall rnord i notice of default in each county in which the Property orsome
<br />part titenof is located and shall aaail copies: of such-Yolks m the: meaner prescribed by applicable law to Boaower and
<br />to tlw other peRSOas piacribed b~ applkabla kw. After the lapse of such time as (nay be required by applicable law,
<br />Tratslee shall.Qirrs public nodes-of sale to the'peesons sad in the asasner prescribed by applicable law. Trusts. without
<br />akmaad oa Borrower, shall sell the Propuy at parb[k sYCNou to the highest bidder at the tieraasd place and atndec the
<br />farms desigsated Ia the notitx of sale in one or more: pacceb sad in such order as Trustee may determine. Trustee may
<br />postpone sale of all or asr parcel of the Property 6y pablk aanouacement at the time and pace of any previously
<br />seheduled sale. Lender orLender's designee may purchase the Property at soy sale:
<br />Upon receipt of payment of the price bid, Tro:tes shall deliver to the purchaser Trrutea"s dead :conveying the
<br />Property sold. The recitals in the Tro<tee's deed shall be prima facie erltlence of the truth of the statements made
<br />therein. Trustee: shall apply the proceeds of the sate in the following order: (a) to alt rtasoraable costs and ezpenses of the
<br />sale, including, but not;Umited to, Trustee's fees actually incurred of not more than .. . .......... °~o of the groan sale
<br />price, reasonable attorneys' fees. and casts: of title evideatt; ib) to all cams secaared by this Deed of Trost; grad (cj the. ez-
<br />cess, it any, to the penoa or persons legally enNtted thereto.
<br />t$. Borrower's liighi to Reinstate.: Notwithstanding Linder i acceleration oi' the sums secured,by this Deed of
<br />Trust, due to Borrower's breach. Borrower shall have. the right to have any proceedings begur. by Lender to enforce this
<br />Died of Trustdiscantinued at any time prior to the earlier to xcur of (i) he fifth. day before the sale of [he .Property
<br />pursuant to the powe* of sale contained: in this Deed: of 3'rest or iii) entry of a judgment enforcing this Deed of Trust if;
<br />I (a; Borrower pays Lende* ati sums which would he then due under this Deed of Trust and the Npte had no acceleration
<br />(- cxcurtcd: (b) $orrower cures all breaches pf any other covenants or agreements pf$orrower contained in this Deed of
<br />Trust; ic) Borrower pays a!! reasonable expenses incurred. by Lender and Trustee in enforcing the covenants 'and
<br />agreements of Borrower eantasned in this iJeed oi'Trust and ir. enforcing Lxnder's and. Trustee's remedies as provided in
<br />paragraph i7 .hereof, including, but scot limited to, reasonab)e attorneys' fees., and {d) Borrower takes such action as
<br />Ixnder mayreaspnably require to assure that the 1'sen ofthis Deed afTrust, Lender's interest."sn ihe`Pepperfy and
<br />Pwrrpwer's r,tsligation topay tlse sums secured 5ythis Decd of "I'rus[ snail continue uninipaircd. l.ipon such t.avment and
<br />cure by ]3ormwtr. thu L)ecd of Trust and the obligations secured hereby shall remain in '"ut[ levee xnd effect as if no
<br />.acceleration had cceurrad.
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