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<br /> n► 9.Condemnation.The proceeds of any award or claim for damages,direc:t or consequential, in connection with � h+� ... ,r.
<br /> any condemnation or other taking of ihe Property, or part thcreof, or for convcyance in lleu of condemnation, aze ;.�.:. -
<br /> hereby assigned and shall be paid to I.ender. subject to the tcrms of any mortgage, deed of trust or other securiry : �%��
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<br /> agreement with a lien which has prioriry over this Deed of Trust. � - –
<br /> 10. Horrower Nat Released; Forbearance By Lender Not a Waiver. Hxtenslon of the time for payment or ,� �
<br /> modification of amortization of the surns secured by this Deed of Trust granted by I.ender to any successar in .. _
<br /> interest of Borrower shall not operate to release, in any manner, the liability of che ori�inal 8onower and :�
<br /> Borrower's successors in interest. L.ender shall not be required to commence proceedings against such successor or s • :
<br /> refuse to extend tlme for payment or othcrwise modify amortization of thc sums secured by thls Deed at Trust by ,;;:–
<br /> reason of any demand made by the original Borrower and Borrower's successors in interest. Any forbearance by :;,�;
<br /> Lender in exercising any right or rernedy hereunder, or othsrwise afforded by applicable law, shall not be a waiver ��;;.-
<br /> of or preclude the exercise of any such dght or remedy. ;;£�_:
<br /> 11. Successors and Assigns Bound;Jolat and Several Lisbility; Casigners. The covenants and agreements :.;,._
<br /> herein contained shall bind,and the dghts hereunder shall inure to, the respective successors and assigns of Lender ,f��,_
<br /> and Bonower, subject to the provisions of paragraph 16 hereof. All covenants and agreemeats of Bonower shall be _.
<br /> joint and several. Any Borrower who co-signs this Deed of Trust, but does not execute the Note, (a)is co-signing =
<br /> ,;,�• this beed of Trust only to grant and convey that Borrower's interest in the Property to Trustee under the terms of this _
<br /> Deed of Trust, (b)is not personally liable an the Note or under this Deed af Trust, and(c)agrees that I.ender and
<br /> � ' any other Bonower hereunder may agree to extend,modify, forbear,or make any other accommodations with regard
<br /> �' to the terms of this Deed of Trust or the Note,without that Banower's consant uid without releasing that Borrower _
<br /> or modifying ihis Deed of Trust as to�hat Borrower's interest in the Property. _
<br /> 12.Notice. Except for any notice required under applicable law to be grven in another manner.(a)any notice to
<br /> $ Bonower provided for in this Deed of Trust shall be given by delivering it or by mxiling such notice by certified ma�l �
<br /> addressed to Bonower at the Property Address or at such odier address as Borrower may designate by nottce to �.�
<br /> Lender as provided herein, and (b) any notice to L.ender shall be given by certified mail to L.ender's address stated
<br /> herein ur tv such ot�-.er address a: Let�der may d?signarP by notice to Borrower as provided herein. Any notice �;-
<br /> c provided for in this Decd of['rust shall be deemed to have been given to Bonower or L.ender whea gtven in the �y_ _
<br /> h manner desigaated herein. '
<br /> ° 13.Governing Law;Severabtlity. The state and local laws applicable to this Deed of Trust shall be the laws of
<br /> y� the jur�sdiction in which the Property is located.The foregoing sentence shall not limit the applicability of federal ��� _
<br /> . i law to this Deed of Trust. In the event that any provision or clause of this Deed of Trust or the Note wnflicts wlth
<br /> � applicable law, such conflict shall na affect other pruvisions of this Deed of Trust or the Note which can be given
<br /> . � effect without the canflicting provision. and to this end the provisions of this Deed of Trust and the Note are declared
<br /> to be severable. As used hcrein, "wsts,' "expenses" and "attorneys' fees" include all sums to the extent aot
<br /> - �`' prohlbited by applicable law or limited herein. _ _
<br /> �: 14.Borrower's Copy.Bonower shall be furnished a conformed copy of the Note and of thts Deed of Trust at �_
<br /> the time of execution or after recordation hereof.
<br /> �.� I5. Rehabilltatioa Loan Agreement. Bonower shaU fulfill all of Borrower's obligations under any home =
<br /> rehabilitation, improvement, repair,or other loan agreement which Borrower enters into with Lender. Lcnder, at
<br /> �� � Lender's option, may require Borrower to execute and deliver to L.ender, in a form acceptable to Leader, an =
<br /> ,, assignment of any rights,claims or defenses which Borrower may have against parcies who supply labor.materlals or -
<br /> � services in connection with improvements made to the Pcoperty. `
<br /> 16.Trnnsfer of the Property or a Benetictal Interest in Bonower. If all or any parc of the Property or any �.
<br /> � interest in it is sold or transfened (or if a beneficial interest in Borrower is sold or transfened and Bonower is not a i_-.
<br /> na[ural person) without Lender's prior written consent,Lender may, at its option,requtre immediate payment in full
<br /> of all sums secured by this Deed of Trust. Howaver, this option shall not be exercised by I.ender if exercise is ��-
<br /> � prohibited by federal law as of the da[e of this Deed of Trust. �"'"�
<br /> '�• . If I.ender exercises this option,Lender shall give Bonower notice of acceleration. The notice shall provide a _ _
<br /> period of not less than 30 days from the dace the notice is delivered or mailed within which Borrower must pay all •V;,c��=_
<br /> sums sccured by this need of Trusc.If Borrower fails to pay these sums prior to the expiration af this period,Lender ��-��;e_-�-�—
<br /> may invoke any remedies permitted by this Deed of Trust without furcher notice or demand on Borrower. ' ��'�`�"�`�_
<br /> � NON-UNII�ORM COVENANTS. Borrower and l.ender further covenant and a ree as follows: `'�'�1°""�"'`''`
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<br /> 17.Accelerati4n; Remedies.Except as prov(ded in paragrnph 16 hereof, upon Borrower s breuch of any .;. 4. _
<br /> covenant or ugreement of Borrower in thts Deed of Trust, including Borrower's[silure to pay,by the end of ��:���. . .,�;.
<br /> .; ?�!�"�;c° ;
<br /> 10 calendar days at'ter they are due, any sums secured by this Decd of Trust,Lender prtor to acceleration shall x^-��;:.•.:. � .
<br /> give natice to Borrower as provtded In paragrnph 12 hereof spe�cifying:(1)the breach;(2)the action required to ,';�; .;.�•.
<br /> cure such breach; (3)a date, not less than 20 days from the date the notice is muiled to Borrower, by whtch • . ..
<br /> such breach must be cured;and (4)that failure to cure such breach on or before the date specifted in the notice I ..
<br /> /� Form 3028 . .
<br /> � •781NE)�ssol� vaao a o�6 c�,`J"' imuais:G• �. '�
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