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<br /> „ . ,. oi the ori�insal&xrowe�and Borrower's successors in intercst.Lender shall rwt be roquired to oommena prooecdin8s �r+
<br /> � such successor or teiuse to extend time Por payment or otherwise modiPy amortization of the sumc secured by this Deod
<br /> - � . of Trust by rrason of any dcmand made by the originel Borrnwer end Borrower's succasors in interest.Any forbea�na __ ��
<br /> � '�� by l.ender in exercising eny right or rcmedy hcreunder,or otherwise aiforded by applicable law,shall not be e woiver
<br /> � � oi o�preclude the exercise of eny such �ight or remedy.
<br /> '��.-�►=�, r .. .� 11.S�ucces�ors�wd AssiWis Boun�Jdnt nnd Several Li�blUty;Casi�nera 7'he covenants and agramentc herein
<br /> - cantained shall bind.and the rights he�eunder shall inure to,the respective successors and essigns of Lender and Borrower. � _..__,_�
<br /> ° ± �M �� �;� subject ta the provisiona of para�raph 16 henbi. All covenants and agraments of Borrower shall be joint and several.
<br /> .�;,. " . :,,.4,;t� Any Burrower who co•signs this Dced oP Trusl,but does not execute the Note,lal is casigning this Dad�f Trust only
<br /> . ., to grant and oonvey that Bonower s interest in the Property to I.ender under the terms of this Dced oi Trust.lb1 is not
<br /> --��''�� ,�..�;,__�._. �.W personally liabk on the Nate or under�his Deed of Trust.and Icl agras thet Lender and any other Borrower hereunder _
<br /> '� �^°-�`' mey aQrce to extend,mo�iiy,iorbear,or maice any otiner a�ummu�iaiiuu�wiii��cga�s to ti�ierfiis at'ihis i�:.d Ct'Tru.t -
<br /> fiN°� or the Note. without that Borrowcr's oonsent and without releasing that Burrower or modifyin�this f�ed of Truu as
<br /> •`--=��' � � to that Borrowers interest in the Property.
<br /> -�_ �� 12.Notiee.Except for any notice requi�ed under applicable law to be given in another menner.lal any notice ro Borrower
<br />._:.=_.w.� f'. '� .
<br /> � provided ior in�his Deed of Trust shall be given by delivering it or by mailing such noticx by certified mail add
<br />-���• � ' • to Borrower at the Propeny Add�esc or at such otha uddress as Bonower may designate by notice to Lender as provided
<br /> """'` °� hercin,and Ibl any notioe to L.ender shall be given by ceni�ed mail to L.ender's address stated herein or to such other
<br /> _...-
<br /> -�`� � . � add�ess as L.ender may designate by notice to Borrower as provided herein.Any notice provldod for in this Deod oi'Trust
<br /> ° shall be dcemed to have been given to Borrower or L.ender when given in the manner designated herein.
<br />- � 13.Governiaq law;SeverabUlty.The stale and local laws of the jurisdiction in which Ihe Property is located shaU __ _,
<br /> � apply except where such laws conflict with Federal Inw:in which case.Federal law applies.ln the event that any provision
<br /> �• or clause of th�Dced oi Trust or the Note conflicts with applicable Inw.such conQict shall not affect other provisions
<br /> of this Dced of Trust or the Note which can be eiven eiiect without the conflicting provision,and to this end the provisions �
<br /> ° of this Dced of Trust and the Nota are declared to be severablc.As used herein,"c�sls;'"expenses"and"attorneys'fees' -
<br /> . � . � include all sums to the extent not prohibited by applicable law or limi�ed herein.
<br /> . � �„ 14.BoROwer's Copy.Borrower shall be Purnished a wnformed copy oP the Note�nd of this Deed oi Trust,if requested. `
<br /> • at the time of execution or aiter��cordafipn licfe3�"
<br /> � "x� IS.RehabNNAtioa I.oan AR�eeMeat.Barro��rr$hall ful�ll all of Borrower's obligations undcr any home rehabilitation. �_
<br /> „ . � improvement,repair,or othcr loan agroement�which�Borrower enters into with Lender.l.ender.at Lender's opdon.may
<br /> require Borrower to execute a�d deliver to L.ender,ih a Porm acceptable to L.ender,an assignment of any rlghts,claims ----__
<br /> �� � or dePenses which Borrower may have against the parties wlw supply labor, materials or services in oonnection with - -
<br /> -- � im{xovemenis made 10 t!►e Pro�,eriy. --- __--- --
<br /> ' � 16.Transter of the Properly.li Borrowe�sells or transiers all or any part of the Property or an interest therein,excluding _�__
<br /> lal the creation of a lien or encumbranoe su6ordinate to this Deed of Trust.lbl a transfer by devise.descent,or by operation —
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