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. ' 98-sc�z�oo remedy hereunder,or otherwise afforded by applicable law,shall not be a waiver of or preclude the exercise of any such right or remedy. 11. Successors and Assigns Bound;Joint and Several I�ability; Co-signers. The covenants and agreements herein contained shall bind,and the rights hereunder shatl inure to, the respecdve successors and assigns of Lender and Borrower, subject to the provisions of paragraph 16 hereof. All covenants and agreements of Bonower shall be joint and several. Any Borrower who co-signs this Deed of Trust, but does not ezecute the Note, (a)is co-signing this Deed of Trust only to grant and convey that Borrower's interest in the Property to Trustee under the terms of this Deed of Trust, (b) is not personally liable on the Note or under this Deed of Trust, and(c)agrees that Lender and any other Bornower hereunder may agree ro extiend,modify, forbeaz, or make any other accommodadons with regard to the terms of this Deed of Trust or the Note, without that Borrower's consent and without releasing that Borrower or modifying this Deed of Trust as to that Bonower's interest in the Property. 12. Notioe. Except for any notice required under applicable law to be given in another manner, (a)any nodce to Bornower provided for in dvs Dced of Trust shall be given by delivering it or by mailing such nodce by certified mail addressed ro Bornower at the Property Address or at such other address as Borrower may designate by notice to Lender as provided herein,and(b)any nodce to Lender shall be given by certified mail to Lender's address stated herein or to such other address as Lender may designate by nodce W Borrower as provided herein. Any nodce provided for in this Dead of Trust shall be deemed to have been given to Bonower or Lender when given in the manner designated herein. 13. Governing Law;Sev�abillty. The state and local laws applicable to this Deed of Trust shall be the laws of the jurisdicdon in which the Properry is located. The foregoing sentence shall not limit the applicability of Federal law to this Deed of Trust. In the event that any provision or clause of this Deed of Trust or the Note conflicts with applicable law,such conflict shall not affect odier provisions of this Deed of Trust or the Note which can be given effect without the conflicting provision, and to this end the provisions of this Deed of Trust and the Note are declared to be severable. As used herein, "costs," "expenses° and "attomeys' fees" include all sums to the eztent not prohibited by applicable law or limited herein. 14. Borrow�'s Copy. Borrower shall be furnished a conformed copy of the Note and of this Deed of Trust at the time of execution or after recordadon hereof. 15. RehabilitatIon Loan Agreement. Borrower shall fulfill all of Borrower's obligations under any home rehabilitation, improvement, repair or other loan agreement which Borrower enters into with Lender. Lender, at Lender's option,may require Borrower ro execute and deliver to Lender, in a form acceptable to Lender, an assignment of any rights, claims or defenses which Borrower may have against parties who supply labor, materials or services in connection with improvements made to the Property. 16. 'lY�ansfer of the Prope�ty or a Beneficial Interest in Borrower. If all or any part of the Property or any interest in it is sold or transferred (or if a beneficial interest in Bonower is sold or transferred and Borrower is not a natival person)without Lender's prior written consent, Lender may, at its option, require immediate payment in full of all sums secured by dus Deed of Trust. However, ttris option shall not be ezercised by Lender if ezercise is prohibited by federal law as of the date of this Deed of Trust. If Lender eae�ises this option, Lender shall give Bonower notice of acceleration. The notice shall provide a period of not less thw 30 days from the date the nodce is delivered or mailed within which Borrower must pay all sums secured by this Deed of Trust. If Bonower fails to pay these sums prior to the ezpiration of this period, Lender may invoke any remedies permitted by this Deed of Trust without further notice or demand on Borrower. NON-U1�IIFORM COVENANTS. Bonower and Lender further covenant and agree as follows: 17. Acceleration;Remedies.Except as provided in paragraph 16 hereof, upon Borrower's breach of any covenant or agreement of Borrower in this Deed of Trust, including the covenants to pay, by the end of 10 �lender days after they are due,any sums secured by this Deed of Trust, Lender prior to acceleration shall give notice to Borrower as provided in paragraph 12 hereof specifying: (1)the breach; (2)the action required to cure such breach; (3)a date,not less than 20 days from the date the notice is mailed to Borrower, by which such breach must he cured;and(4)that failure to cure such breach on or before the date specit3ed in the notice may result in acceleratton of the sums secured by this Deed of Trust and sale of the Property. The notice shall further inform Borrowar of the right to reinstate af�er acceleration and the right to bring a court action to assert the nonexLstence of a default or any oth�defense of Borrower to acceleration and sale. If the breach is not cured on or before the LsaerOx(TM)6y Delphi In/ametion$ciencea Cpp, pEq3�4,pgp� Form 3828 • Page 4 of 6