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<br /> t �_�'"� 9.Condemnation.The pmoeeds of any awazd or claim for damages,direct or conse9nestial.in conne�ion with �
<br /> .---l-''-`` �_ any condemnation or other[aking of We Properry,or part theceof,or for comeyance in lieu of oondemnation,are �
<br /> ` ` •' herehy assigned and shall be paid w L�nder, subjea to the terms of any mortgage,dsed of m�st or other security : -
<br /> . , agreemeat with a lien which has prioriry over this Deed of Tn�st. . 4� _
<br /> 10.�orrower Not Released;Forbearence By Lend�Noi a Waiver.Extension of the time far payment or ,
<br /> � modificauon of amorri7arion of the suuis secuned by this Deed of Trust granted by Lender to anY suc�ss°r m , , ,
<br /> �= interest of Sormwer shall n�nt operate w release. ia any manner, the liab�7ity of th� original Borrower and _ . , ;�'
<br />- . � Bomowec's successors in interesc. Lender shall aot be required to commence pmcee�nSs against suc6 successor or � _�.,,Y =
<br /> •.��..� � refnse to extend time for payment or othe�wise modify amortizasion of the sums secuced by this Derd of Tnisi by :.,;�:�:
<br /> e�is
<br /> � ' ';.F rea�on of any demand made by the original Borrower and Borrower's successors in interest. Auy forbeazance lry . .i:�_. , •,
<br />��� , °. Lender in exercising any tight or iemedy hereunder, ot otherarise afforded by agplicable law, shall not be a waiver �-e ,; "';- '-
<br /> _ • of or prectude the exe�ise of any suct�right o:mmedy. eis.The coveaants and agreements -`�'�-.` �:;��`
<br /> � • Il.Successgrs and AssiP,as Honnd;Joint and Seq�LiabUity;Co-sfgn
<br /> _ . hereein oontained shall bind,and the rights her�mder shaU imue to,the mspective saccessors and assigns of I.euder --
<br /> . . � h � — --
<br /> : . � and Boccawer, subjea to the pmvisions of para�zaph 16 hereof.All coveaants aad agreements of Boirower shall be q
<br /> � . _ joint and several. A�►Bonower who co-signs this Dex�of Trust,b�daes not execute the Note, (a)is co-signing , ' `_ �
<br />'.s< . tlus Deea of Tzust only to grant and oonvey that Barrower's intecest in the Propercy to Trustee under the terms of tt�is �'�'�--
<br /> �.��:�;�.
<br /> ` � � Deed of Tn�st,(b)is uot pezsonally liabte on t�Note or under this Deed of Tnut,and(c)agrces thaz Lender and , '•,r�
<br /> ..- . ,� any other Bonower i�e�eunder maY agree to exs�;madiPy.forbear,or make auY other arcommodauons with regard �'
<br /> s � :'';..:��,,:
<br /> ' • �:; � to the terms of this Deed of Tnist or the Note.without that Borrower's consent and arlthout reteasing that Borrower •, ��,
<br /> . or m+odifying this Deed of Tmst as to that Bonower's interest in the Propetty. . � r _
<br /> � l2.Piotice.Escept for any notice required under applicab2e law w Ue ven in another maimer,(a)any notice to ' �' , r �`
<br /> _ . . . Borroaec pmvided for in this Deed of Tmst sBall be given by delivering it or by mailing such nodce by certified ma�7 y a; �'-';,
<br /> . ... . . ��Ir�d to gurrower at the Praperty A d d r e s s or a t sucb other address as Borrower may designate by notice to _ ��:_
<br /> L_;3 Leader as provided herein.and Eb)�Y notice to I.endec shall be given by certified mail to Leader's addtess stated t • �'�-�:
<br /> • ' herein or to such ather address as L,ender may designate by notice w Bo:rower as provtded herein. Any notice r.... `.;.,,--=--,.
<br /> ,�,� :�. ,� ��-
<br />.`.�' :..-:,,•:; provided for in this Deed of Tmst shaU be deemed to have been givea to Borrower or Lender whea given in the .,,,;�;,
<br />_ �`'� maaner designated herein. ��::�•
<br /> � ��:'��;;`;•; 13.GoveruinS Law.SeverabAtty.The state and local laws appl�Cab2e to this Dced of Tnut shaU be the laws of �_ �:• • �;--
<br /> ;,_.t---
<br /> � the jurLsdiccion in wluch the Property is tocated.The foregoing seatence shall not limit the applicab�7ity of federa� :: ;t :#r`�.��
<br /> � � law to this DeEd of Tnrst.In the event t h a t any pmvision or c l a u s e o f t h i s D e e d o f T n i s t o r t h e N o t e c o n t l i c t s witt► . :._,.�r.
<br /> . applicable law,snch canllict sha11 noi affect other provisions of this Deed of Tn�st or the Noce which can be givea �
<br /> effer3 without the conflicting proviston,and to t�is end the provisions of this Deed of Trast and the Nats are declared � • � � •`�`'°�
<br /> • � to he severable. As used herein, "cosu," "expenses" aad "attomeys' fees" inclade all sums to tbe extent not ..;_�
<br /> �,•,:�3=�-
<br /> .. .� � pro�ibfted by apPlicable law or limflted herefn. � ,�"��_:- .
<br />• � , 14. Borrower's Copy.Eorrower shall be fiunishe�a conformed copy of the Note and of this Deed�of Tnut at _
<br /> • the time of execvuon or after recordation hereof. � ��`�
<br /> • IS. Rebabilitation Loan Agreemcut. Burrower shall fulfill all of Borrower's obligations under any home y •'��';�;
<br /> '.. ' � . ;:' �. ' rehabUltation, improvement, repair, or other loan agteement which Borrower enters into with Lender. l.ender, at . �',:�:��-
<br /> �� � ' � � Leader's option, may require Bonower to execute and deliver ro Leader, ia a forcn acceptable to Lender, an _,__
<br /> '! • •• ,�� � assignment of aay rights,claims or defenses ahich Borrower may have against parties who suppty labor.materials or � •�
<br /> ;.'' � . services m connection with improvemenu made to the Property. ��"��
<br /> � . 16. Traagier of the Properly or a Benefidal Iniesest in Borrower.if all or any part of the Pcoperty or any _ ' "��'_
<br /> '• interest in it is sold or uansfened(or if a beneficial interest in Borrovver is sald or transferred and Borrower is not a , . —
<br /> ' . � . . natural person)without Lender's prtor written consent.l.ender may.at 9ts option,require immediate payment in full • . .
<br /> ' of all sums secured by this Deed of Tmst. However, this oprian shall not be exercised by Lender if exercise is • �':
<br /> '.�;_ . � proh�ibited by federal law as of the clate of this Deed of Tn�st. •� �
<br />: :.��_;;� � If Lender exercises this option. Lender sha11 give Borrower notice of acceleration. The notice shall provide a ;
<br /> • `��' "' � '.: period of not less than 30 days from the date the notice is delivered or maited within which Borrower must pay all , . .
<br /> • � � sums secured by this Deed of Trust.If Borrower fails to pay these sums prior to the eapirxtion of this perlod,Lender
<br /> ' may invoke any remedies peimitted by this Deed of Trust without further nodce ar demand on Bosower. .
<br /> ' • NON-UNIFORM COVENANTS.Bonower and l.ender further wvenaat and agree as follows: •
<br /> � 17_ Acceleration;Remedics. Execpt av provIded in paragrap6 16 hereof,apon Borrower's breacb of any �
<br />',�.; • • covenant or agrreemeat of Borrower ia t�iv Deed of Trust,inctuding Burrower's failure to pay,by the end ot .
<br /> a
<br /> ;Y:.;. . • 10 caleadar days ay'ter they are due,any sums secw�ed by tWs Deed of Tni�t,Lender prtor to aceeleratton shall �� ..
<br /> ., . give notice to Borrower ag provtded in para�apb lZ 6ereoY speciPying:(1)the breach;(2)the actton requlred to , .
<br /> ' cure sach breac6;(3)a date, not less than 20 days trom the date the notice is mailed to Borrower. by wWc6
<br /> such breac6 mmst be cured;and(4)that fallnre to cure sucb breach on or before t6e date speciPled tn the notPce ;,
<br /> Fo '
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