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<br />oat personally liable on the Note or under this Deed of Trust, and (c) agrees that [,.ender and any other Borrower
<br />hereunder may agree to extend, modify, forbear, or make any other acrnmmodations with regard to the terms of this
<br />Deed of Trust or the Note, without that Borrower's rnnsent and without releasing that Borrower or modifying this Deed
<br />of Trust as to that Borrower°s itrterest in the Property.
<br />12. Nottke. 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 desi„nate by nonce to Lender
<br />as provided heteirr, and Eb) 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 shall be deemed fo have been given to Borrower or Lender when given in the manner designated herein.
<br />13. (sovertrlag Lsw; SeverabiBty. 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, snch conflict shall net affect other provisions of this Deed of Trust or the Note which can be given effect without the
<br />confliMing provision, and to this end the provisions of this Deed of Trust and the Note are declared to be severable. As
<br />use herein, "costs", "expenses" and "attorneys' fees" include all suns to the extent not prohibited by applicable law or
<br />limited herein.
<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 rernrdation hereof.
<br />lt. Rest s4ellltetioa r~sr~ e~mE~et, 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 L.ender'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 sails or transfers all ar any part of the Property or an interest therein,
<br />excluding (a) the creation of a-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 less not
<br />containing an option to purchase. Borrower shall cause to be submitted information required by Lender to evaluate the
<br />transferee as if a new loan were being made to the transferee. Borrower will continue io 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 Ixnder'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. [.ender may declare all of the sums secured by this Deed
<br />of Trust to be immediately due and payable. If Lender exercises such option to accelerate. Lender shall mail Borrower
<br />notice of acceleration in accordance with pazagraph 12 hereof. Such notice shalt provide a period of not less than 30 days
<br />from the date the notice is mailed or delivered within which Borrower may pay the sums declared due. If Borrower fails
<br />to pay such sums prior to the expiraY,on of such period. Lender mav, without further notice or demand on Borrower.
<br />invoke any remedies permitted by paragraph 17 hereof.
<br />NczN-P)NIFORM CovEr#w;.. ~. Borrower and Ixnder further rnvenant cad agree as follows:
<br />17. Acceleration; Remedies. Eacept as provided in paragraph P6 hereof, open Horrotser's breach of any rrovensat
<br />or agreement of Borrower in this Deed of Mast. including Borrower's fsBate !o pay, by the cad of 10 caleodsr days after
<br />they are doe, any soma secured by this Deed of Treat, header prior to acceleration shall give entice to Borrower as
<br />provided in paragraph 12 hereof specifying: (1) ire breach; {2- the actloa required to care snch breach; 13) a date, not
<br />lea thsa 20 days from the date the notice is mailed to Borrower, by which smh breach mast be cared; and {4) that
<br />failure to care snch breach on or before the date spaded in the notice may result in acceleration of the soma secured by
<br />thin Deed of Trost cad sale of the Property. The notice chat! farther inform Harrower of the right to refmtate after
<br />acceleration and the right to bring a coati aMion to assert the nonealretence of a default or any other defame of Borrower
<br />to acceleration and sale. ff the breach is not cared oa ar before the date specified is the notice, Leader, at Lender's
<br />option, may declare aB of the sums aecared by this Deed of Trost to be immediately dtx and payable without further
<br />demand coil may invoke rite power of sale and coy other rcmedks permitted by applkabk law. Lender dull be eatttkd
<br />to collect aB reasonable costa and expemes irtcur:ed is paaaitsg the remedies provided is th4 paragraph 17, brclading,
<br />bat not limited to, ressoasbie attorneys' fees.
<br />If rite power of sale is invoked, Trnstce shag record a Mice of default is each county in which the Property or some
<br />part thereof is located and shall out! copies of such aotMe in the manacr prescribed by applkabk law to Harrower and
<br />to the other peraom prescribed by appPMabk law. After the ~ o[ such time as may be regnLtd by applkahk taw,
<br />Trustee shill give pnhlk [rgtjce of sale to the person coil hr the manner prescribed by applicable law. Traatee, wfthaut
<br />danced an Borrower, shat! sell the Property at pablk suction to the highest bidder st the time and place and ender the
<br />terms designated in the online of sale in one or mom parods and is atx6 order as T~trstee may determine. Trustee may
<br />poatpane safe ~ ail or say pared of-the Property by public aanomeremsat at the time sad peace of any previotaiy
<br />xbedaled ask. Lender or bender's designee may purchase the Property st any sale.
<br />Upon receipt of payarent d the price bid, Taustce shill deliver to the paechaser Trmtee s deed•caaveyi~ the
<br />Property sold. The eecitds is the 14ustee's deed shall be prima facie evidence of the troth of the statements made
<br />thaenia. Trassee shall apply the proceeds of tics sale in the following order: (a- to all reasonable costs and e:peases of the
<br />sale, iacladfsg, hot tat limited to, Trustee's fees setadly tacerecd of eat more than ............. °do of the gross sale
<br />price, reasonable attorneys' tees cad casts of title evidence, ibl to aU sums secured by this Deed of Trust; and (c) the ex-
<br />cesa, if say, W the person or parsecs kgafly eatitded thereto.
<br />1& Borrower's Right to Rehrsisse. Notwithstanding Lender's acceleration of the sums secured by this Deed of
<br />Trust. due to Borrower's breach. Borrower shah have the right to have any proceedings begun by Lender to enforce this
<br />Deed of Trust. discontinued at any time prior to Yha earlier ro occur of ti) the tifth day before the sale of the Property
<br />pursuant to the power of sane contained in this Deed of Trust or (ii) entry of a judgment enforcing this Deed of Trust if:
<br />fa) Borrower pays Lender all sums which would be then due under this Deed of Trust and the Note had' no acceleration
<br />acsucred; tb) Burrower cures all breaches of any other covenants or agreements of iorrower contained in this Decd of
<br />Trust; (c) Borrower pays alt reasonable expenses incurred bs Lender and Trustee in enforcing the covenants and
<br />agreements of Borrower contained in this Decd oCTrust and in enforcing Lender's and Trustee's remedies as provided in
<br />paragraph 17 hereof, including. but oat limited to, reasonable attorneys' fees, and till Harrower takes such action as
<br />Lender may reasonably require to assure that the lien of this deed o#' "Cruse. Lender's interest in the Pn>ix:rty and
<br />Borrower's obligatitm h) pay thesums securrd by this Iced of'tiust shall continue unimpaired. Ulx~n such payment sand
<br />cure by Hutrawer, this Lked of 'Trust and the s>bligations secured hereby chair remain in suit fvrcc :toil erica t ,u i# no
<br />u-eletatinn hart axrurted.
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