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<br />-• , " - of Tr�st is on a unii ia a wndominium or a pl� unit deve�l.op��a���os P a�nn�u u d el pments � � .,�r• �"`.
<br /> -< < . •, ob1igarions under the dec1aratioa�000ndominium or�lanned vnit devetopm�ab and coastid�t documents• .�=' .��
<br /> � the by-iaws and tegulat� �Bortower fa�7s tQ perEorm the caveaaafs and agteemmta ooataiaed in tLis �
<br /> . 9. Praiec�aa of Irudsr's S�Y- ����y affiec,tss Leadec's iaterest in the PropertY, .
<br /> � ``: - DeEd of Tn�st,or if any acti�n or pmceedinS is com�°� disbwae such sums.inciuding
<br /> tifl
<br /> � then Iaad�,ai l+�ader's optioa.upoa noflce w Bo�ower.may make sucb appeazance5. .
<br /> �
<br /> ceasanable attomeys' few. and Eake such asxion as is u�Y w Protect lender's int�es� If L�da ceQuued '"
<br /> .. mortgage ins1uaace as a condition of making the toan se�ured by tbis Deed of Tmst.Boscower shall pay the premittma �° :`.,• } .: 4.:.
<br /> • required to anaintain such insurance
<br /> ia effect unW sach tizne as the requirement for such insurance te�min� in �
<br /> �'`� accordance wtth Bo:rower's and L�nder's written agce�aaent or applicable law. _
<br /> �_ � Any amounts disbucsed by L$nder pn�svaat to this paragrapb 7,arith int�st th�seon, at th� Note tate. sl�all
<br /> . fsecome additionai iadebtedness of Boimaer seaued by this Deed of Tn�st. Unless Boaower and Lender agcee to
<br /> - . - other tecros of p�ynaeut, such amounts shaU be payable upoa noticc from L�der to Bormwer reqaesting PaYm� ` ,
<br /> ' - ' � thereof. Nothing oontained in this paiagraPh 7 shall rectuiie L.endec w incur any eap�se or take aay aaroa hereunder• . . . '
<br /> - � . �• `' Imspedion. Lender may make or cause to be made reasonable enui� upoa and iaspecdons of the PropertY,
<br /> ' S. eetion reasonabte cause thecefor � �.
<br /> • , � pmvided that Lender shaU give Borcawer notice prior co any such insp SP�� . . ,
<br /> related to Lender's intecest in the Fmpe�ty . :. =�`°
<br />� . • 9. Cand�n- 'fhe Pmceeds of any award or claim for�amages,di�ect or consequential, in conn�tion witb ,--�-_
<br /> , `'...,.*r-° r.
<br /> - -. ` ' siry condemnation or other taking of the PropertY, or part thereof. or for coaveyauce in li� of conde�ation, are . .
<br /> ' �:?�,' h e i e by ass i�n e d and shall be Q a id to I.euder, subject w the terms of any mortgage, deed of uust or otheer security
<br /> agneement witb a lien which has priority over dris Deed of Tmst. :.
<br />_ . � 10. �oaower I�ai [teleased: Fa�ac� Bj►I�da Piot a Waiver. Extenslen of the time for payment or �.:�`4:_'
<br /> � madiScation of amflrtizatIon of dse swng secined by this Deed of Tn�st gcanted by L�ender to a�►Y sa�cessor in inte�est . �:��.� -
<br /> g an
<br /> - ` � • of Borrower shaU not operate to celease, in any marmer, the liability af the origjnal Borrower aad Borrower's _ _
<br /> . . .. . to oo� pmceedings aP,ainst such successor or refase w _ .
<br /> . -- successors in interest. Lender shall not be teqaired
<br /> extend tirae for paymenc or otheruv�se madify amortvatioa of the sums secured by this Deed of'nust by�easan of any -i_
<br /> � �'``�� ` dea�and made;bythe original Borcower aad Botrower's successots in intenes� Any forbearance by Lender in exercisln8 . �,�- -
<br /> herc�mder. or otheiwise afforded 6y appllcable 1av�+.shall not be a waiver of or preclude the ,,�.,.,�, ---
<br /> . • any right or remedy , ,"' �
<br /> n F��
<br /> . ...,. . exercise of auy such right or remedY• The covensnts aad agceements he�n , "`...�'�`r`
<br /> • �,�--
<br /> ~ I l. Saccessois an+d AssIgns IDanad:lomi aad Sev�allaab�ity'+Co-sig�• of Lcnder and . ��'�'-
<br /> .r"; '�, contained shall bind, aad the r�ghts hemundec shall inure to,the n�specdve successors and B�� shali be joint _��_:
<br /> ' - Bo r ro w e r,s u b j e c t to the provisions of paragraDh 16 heceof. All cove,nants aud agreements , �-
<br /> aad several. Any Borrower who co-signs this Dced of Tmst,but does not e�cecute t he Note,(a) J s co-s i g a i u g t h i s Deed __
<br /> •�:'rr of Tnut only to grant a n d conv e y t h a t B o r r o w e r's iaterest in die Property to Tzostee under the tecros of this Deed of - -----
<br /> . ,;�_
<br /> Trust,(b) is not pe�so n a l ly l i a b le on t h e Note or undec this B�ed of Tnist,and (c) agree.s thai Lendet and anY°��
<br /> _ , Borrower hereunder may agree to excend.modlfY,forbear,or make any other accounnodations with regard to the teims _ '�`_
<br /> .:•:., � - of this Oeed of Tn�st or the Note wi t hou t t h a t B o r r o w e r's consent and witho�t reteasiag that Borrower or modifylnS ;;�;: ... ,.,":�l"•�
<br /> ---�-----� -�- this Deed of Tn�st as to that Bormw e s's i n t e m� in ttte Pro�e rt y. �. . '�'.�—=�.
<br /> � `.,� 12. Nottcx. EaceDt for any notice required wider applicabte law w be giveu ia another manner, (a) anY noti�e ,�:. • : . ----
<br /> - - -- _.' � to Sorrower pmvlded for in this Deed of Trust shail be�ive�by dclivering it or by mailin� such notice by certified _ ��'_-
<br /> �` ', � � � mail addressed to Borrawer at the Property Adds�ess or at such other address as Buaower may designate by notice to �__
<br /> L e n d e r a s p r o v i d e d h e r e i n, a n d (b) an Y notice to Lender s3�a31�s�e to Bo� as pr v i d e d h e c e i n. A n y n a� ��� �-
<br /> .,��.. � . '.' herein or to such other address as l.ender may desig�aate Y .. _
<br /> . . '�`' provlded for in this Ueed of Trust sha11 be deemed to have been gi�+en to Borcower or Lender when given ia the -- _--
<br /> - . . manner desigaated hetein. - '� ��`�=:
<br /> - 13. QoverniuS Iaa+:Se�►�ab�ty 771e � � lacal laws appllcabte to this Deed of Tmst sha111�e tlie lawa of , . ___
<br /> � ' the jurisdiction in which the Property is located. The foregoing sentence sha11 �t Ilmit the appltcability of Federal � :J�"
<br /> . ' " .` law to this Deed of Tiust. In the event that anY P�vision or clause of tLls Deed of Ttust or the Note conflicts with
<br /> � applicable law,such confllct shall not affect other provls�ons of this Deed of Tmst or the Note wluch c�n be given �;..' ..::
<br /> � effect wtthout the contlicNnB provision,and w this e�d the pmvisions of this Dexd of Tiust and the Note are dectared
<br /> - to be severable. As used herein, "costs","eape�ses°and "attomeys'fees"include all snms to the extent uot prohi�iied .,,
<br /> � by applicabte law or liwited herein. ,
<br /> 14. Bormarer's CopY. Borcower shall be furnished a conformed copy of the Note and of this Deed of Tmst at the ����„ �
<br /> . ` time mf execatdon or after recor�t`•on hereof. ,
<br /> � 15. Itcbab�it�tan la� A�a� Bomnaer shal! fulfill all of Barrower's o'bligations under any home , . .
<br /> - • rehabilitation. improvement, repair, or other loan agreeraent wbich Borrower enters into wIth 1.ender. Lender, at .
<br /> � � <.• . Lender's aption. may require Bonower to execute aad deliver to Lender,ln a form acceptable to Lender,aa agsl8uasent .
<br /> m arttes who su 1 labor.materlals os services in
<br /> of aay rights,claims or defeases �hicL Boaower a�ay have against Q Pp Y .
<br /> • � � conaection arlth improvements made to the PropertY• or an interest .
<br /> ..:<. • 16. Ttaasfcr of the PmPee�t�► oi a Beaeficial lntereat ia Bonow�. If all or any pazt of the PropertY y ' .
<br /> � in it is sold or transferred (or if a beneftcial interest in Borrower is sold or transfened and Boaower i i nlont�;a��
<br /> person) withaut Lender's prior writtea �ns��•�IIoption sha11 nat be exer�ised by Lender�if exen�ise is prohibitetl '. �.
<br /> � � ' sums se�vred by th�s Deed of Trust. However, , .
<br /> by Federal law as of the date of thls Deed of Tiust. � .
<br /> � If Lender exercises thia option, Lender ahaU give Borrower nottce of acceletation. 'Ihe noflce shall pmvide a
<br /> � . period of not less thaa 30 days from the date the natice is dellvered or mailed within wh�ch Borrower must pay all
<br /> sums secured by this Deed of Tnut. If Borrower fails to pay these sums prior to the expiratioa of this period, Lender
<br />" � � may invoke any remedies permitted by this Deed of Trust without fur�her notice or demand on Borrower. •
<br /> UNII+OB� Il�LS'�RiJMffi1P Fatm 3ffi8 .
<br /> � � NEgRASgASPCOND MOMOAGE-1180•Fi� page 3 of 5
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