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<br /> 1 5. Pr�servatton nnd Maintenance oi Property; I.easeholds; Condominiums; Pianned Unit Developments. �`
<br /> � Bonower shxll keep the Properry in good repuir and shall not commit waste or permlt impairment or deterioration of =
<br /> the Property and shall comply wi[h the provisions af any lease if chis Deed of Trust is on a leasehold. If this Deed of —
<br /> Trust is on a unit in a condaminium or a planned unit devclopment,Borrower shall perForm�ll of Bonowcr's obligations _
<br /> under the declaration ar covenants creating or goveminE the condominium or planneci unit development,the by-lawa . _
<br /> ancl re�ulations of the cundominlum or planncd unit development, and consdtuent documents.
<br /> 6. ProteMion of Lender's 5ee��rity. If Borrower fails to perform the covenants and agrcements contained in this Deed ..
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<br /> of Ttust,or if any actlon or proceeding ia commenced which matedally affects i.ender's interest in the Properry, then �
<br /> ; Lender, at L.ender's option, upon notice to Borrower, may make such appearances, disburse such sums, tncluding . ��1f;�A
<br /> teasoaable attorneys' fees, and take such actions as is necessary to protect Lender's incerest. . .,;'ti:•:
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<br /> Any a�nounts disbursed by I.ender pursuant to this paragraph 6, with interest thereon. at thc Note rate. shall become ;�_y��-_��
<br /> addiiional indebtedness of Borrower secured by this Deed of Trust. Unless Bonower and Leader agree to other terms ;;A�_,_-
<br /> � of payment, such amaunts shall be payable upon notice from I.ender to Bonower requesting payment thereof. Nathing '
<br /> contained in this paragraph 6 shall require Lender to incur any expense or take any action hereunder.
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<br /> 7. Inspection. Lender may make or cause to be made reasonable entries upon and inspections of the Property. :
<br /> � � provided that Lender shall give Borrower notice prior to any such inspection specifying reasonable cause therefor related
<br /> 1 to Lender's interest in the Propercy. _
<br /> . I S_ Condemnation. The proceeds of any award or claim for damages.direct or consequential.in connection with smY
<br /> condemnation ar other taking of the Property,ar part thereof, or for conveyance in lieu of condemaation, aze hereby
<br /> assi�ned and shall be paid to L.ender subject to the terms of any mortgage,deed of trust or other secur�ry agreement with
<br /> � a lirn which has priodty over this Deed of Trust. �,���
<br /> � I 9. Borrower Not Released; Forbearaace By I.4nder Not a Weiver. The Borrower shall remain liable for full � .ti �, Y �
<br /> �, payment of the principal and interest on the Note(or any advancement or obligation) secured hereby, notwithstaading �
<br /> any of the following: (a)The sale of all or a part of the premisea,(b)the assumption by another party of the Bonower's ,;
<br /> - � obligations hereunder.(c)the farbearan�ut eAtenslan of iime for pa�ment or perfermAnce of any obli�ation hereunder, =4'" "
<br /> ' whether granted to Borrower or a subsequent owner of the property.and(d)the release of all or any parc of the premises ; !`:�`:
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<br /> secudng said obligations or the release of any parry who assumes payment of the same. None of the foregoing shall � ,
<br /> � I in any way affect the full force and effect of the lien of this Deecl of Trust or impairLender's right to n deficiQUCy • �T�>
<br /> } judgment(in the event of foreclosure)against Borrower or any party assuming the obligations hereunder.
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<br /> - � Any forbearancc by L.ender in exercising any right or remi:dy hereunder,or otherwise afforded by applicable law.shall ;�.�-
<br /> s nat be a waiver of or preclude the exerclse of any such right or remedy.
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<br /> � 10. Successors and Asstgns Bound;Jotnt and Several Liability;Co-sigaers. The covenants and agreements herein ����-
<br /> coetained shall bind, and the rights hereunder shall inure to, the respective successors and assigns of Lender and �+�,.;�—
<br /> , '� Bortower, subject to the provisions of paragraph 15 hereof. All covenants and agreements of Borrower shall be joint �
<br /> and several. Any Bonower who co-signs this Deed of Trust,but does not execute the Note:(a)is w-signing this Deed ���;
<br /> , of Trust only to grant and convey that Borrower's interest in the Propeny to L.ender under the teims of this Deed of �_---
<br /> Trust.@) is not personally liable on the Note or under this Deed of Trust, and(c) agrees that Lender and any oWer c__ �
<br /> • l Barower hereunder may agree to extend,modify,forbeaz•.or make any other accominodations with regard to che terms ���,
<br /> . of�his Deed of Trust or the Note without that Borrower's consent and without releasing that Bonower or modifying this ,is�;�= _
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<br /> Dced of Trust as to that Bonower's interest in the Property. ��_-=_---jL-
<br /> �. 11. Notice. Except for any notice required under applicable law to be given in another manner, (a) any notice to � _ __
<br /> � Borrower provided for in this Dced of Trust shall be given by delivering it or by mailing such notice by first clacs mail ' � '�,,:�;<
<br /> addressed to Bonower or the cunent owner at the Property Address or at such other address as Bonower may dcsignate *� �,;.Y.;�,�� �
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<br /> ! by notice to Lender as provided herein,and any other person personally liable on�hls Note as these person s names and •.#;.,,,,:y;.;; ,
<br /> ' addresses appear in the L.cnder's records at the time of giving notice and(b)any noticeto Lender shall be given by tirst ;,,�:��':, ,
<br /> I clus mail to Lender's address stated herein or to such other address as Lender may designate by notice to Bonower � .N,:.
<br /> as provided hercin. Any notice providcd for in this Deect of Trust shail be dcemed to have been givcn to Bonower or , �__ .
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<br /> Lender when givcn in the manner designated herein. •
<br /> �� 12. Go�•ernin�Law;Severability. 'i'he state and local laws applicable to this Dec.�d of Trust shall Ue the laws of the
<br />: jurisdiction in which the Propeny is located. The foregoing sentence shall not limit,the applicability of Pederal law to
<br />- , this Aeed of Trust. In the event that any ptovision or clausc of this Deed of Trust or the Note conflicts with applicable
<br /> lativ. such conflicts shall not affect other provisions of this Deed of Trust or the Note which can be given effect without
<br /> che canflicting provision,and to this cnd thc provisions of this Deed of Trust and the Note are declared to be severable.
<br /> As used hcrein"costs", "cxpenses" and"attomcys' fees" include all sums to thc extentnot prohibitcd by applicaUle law ;
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<br /> or limited herem. '
<br />= 13. Borrowcr's Copy. Borcowcr shall tx furnishcd a conformcd copy of thc Ncnc,this Dced of Trust and Ridcr(s) !
<br /> at thc timc of cxecution or aftcr recordatiun hcreof.
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