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<br /> ` aoo��� o3/a6/iss� � � . . •:
<br /> -SHSILA•ROBBRTSON ���� ' ' -
<br /> 9. Condemnation.The proceeds of azgr award or cla��for ges.direct or consequcntial.in connection wich any :• , �
<br /> ` • coudemnFtrion ar other taIanB of the Property, oz past thsreof, or for wmreyanse in lieu of co�emnadon, are hereby : .` . � � _
<br /> tn tri `
<br /> a s s i g n e d and shall be pa'td to Leadet.subjert to the tecros of any mortgage.deed of tiust or other securiry agreement with a . �
<br /> � lien wlrich has priority over this Bced of T� ' � ' "�'
<br /> 10. Borro�er Nnt Released; Farbearance B7 L�uder Not a Waiver. Faaension of the dme for paymenc or
<br /> modification of amoxtizadon of t6e sums secured by this Deed of Tn�st gianted by I.ender to any successor in interesc of • . .. ' _
<br /> Borrower shail nct opetate co reiease. in any manner.[he liability of the ori�inal Barrower aad Hoaower's successors in • =
<br /> � � interest. Lxnder shali not be required to wnamence pmc�dinSs$Sai�st such successor or refuse to extend rims for paymenc • . .
<br /> or othernise modifY amorti�tion of the svnns secured by this Deed of Tnist by re�ason of any d�maand made bY the original ; .
<br /> Borrower and Borrowei s successo�s in ins�resc.Any farbearancr by Lender in exercisin8 az►Y nght or remedy hereunder, , .
<br />- licable law.sh�11 nui�e a waiver of or greclude die exerciss of aay s+.tsh eigbt or remedy __ _ _�-_��
<br />' or othenvise afforded by agp s � . � -
<br /> 11.Suce�ssoxs and Assi�ns Bo�d;doint�nd Seseral Yds6�litY3 Co-signers. The covenants and agreemsnts herein .
<br /> • contained shall bind,and die rights hereunder shall imue to.the respeccive successors and assi8ns of I.ender and Borrower. . ,. .
<br /> � subjea to the pmvisions of paiagraph 16 hereaf. AU covenants and agreerBents of Borrower s6a11 be joint affi several. ' -
<br /> Auy Born�wer who co-signs this Deed of Trust,bui does not execute the Note.(a)is co-signing tms Detd of Tnut only to � <. < .
<br /> rn
<br /> -' gcant and camey t�at Borrovv�er's iniemt in the Progerty co Tmstee under the tenms of this Deecl of Tiast. (b) is not - -. _ _ _ __ '--
<br /> petsonally liable on the Nate or rmder this Deed of Tn�st.and(c)agrees d�at Lender and au�►other Boauwer he�eunder _
<br /> ' may agree to extend.modifY.foibear,or make any other accommodations with regard to the terms of this Deed of Tnuc or . . �'.
<br /> � the Notc.vrithout tbat Borrower's consent and euithsut releasing that Bormwer or modifying dris Deed of Tiust as co d�at . ` .
<br /> .,-�-u
<br /> � > Borrower's interest in the Propercy. • :�
<br /> IZ. Notice. Except for any notice required nnder applicable law w be given in annther manner. (a) ai►Y nflrice to • .,, --
<br /> Honower provided for in this Deed of TnLSt shatl be given by deliverin�it or bq m a�l i n g sach notice by cert�ed mail __
<br /> addressed to Bonower at the PtupertY Address or az such osher add�ress as Borrower may designate by notice to Lender as . . . -
<br /> provided herein,and(b)anY notice co Lender shall be given by certified mail w Lender's ad�ress stated herein or w such • . f; • •`_ '
<br /> other address as Lender may designate bY norice to Borrower as provided herein Any notice provided for in tbis Deed of '� '-..-;,:
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<br /> Tcust shall be deemed w have been grven t�Botrower or Leader when given in the manner d�agnated her�- , -
<br /> 13.Governin�Law;S�veiabili�y.The sCate and local laws agplicable to this Dee�of Trast shall be the laws of the . ..._
<br /> . jurisdiction in which the Property is located. The foiegoing sentence shall not limit the app' �hc�ailit9 of Federal law to ttns ;r'�_=;_-.,._--
<br /> Deed of Trust. In the event d�aat any provision or clause of this Deed of Trust or the Note canflicts wid►aPPlicable law. •` •;�
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<br /> ;+ .,f such conflicc stiall not affect other pmvisions of this Deed of'IYas[or the Note wlrich caa be 8n+eu effect without the _ ., �-,�c.� -t, ;:.-
<br /> ll
<br /> confliaing Provision.and w this end the provisions of this Deed of Tmst and the Note are declared to be seveiable. As �r-
<br /> �� used herein. "wsts", "exPenses"and °attor,aeys' fees' include all sams to the extent not pmL�ited by applicable law or .�. `� •-:°. �
<br /> � limitet!�erein. . �- - .: `�: ;
<br /> ; 14.Borrower's Copy Horrower shall be ftunished a conformed coPy of the Note and of this Deed of Ttnst at the �.�„ � ,
<br /> ` time of execudon or after recordation hereof. ` " ��'
<br /> " 15. RehabllItatioa Lnan Agreemepi. Borrower shall fulflll all of Horrower's oblig�tians woder a�r home '.^;--�.,i: ... —
<br /> rebabilitadon,imProvement.r�Pair or other loan agreement which Boirowtr e�s into with I.ender. Lender.at I.ender s �€ - _-
<br /> :� ���l�
<br /> � option, maY recluire Boirower to execute and deliver w Lender. in a form accePtable w Lender, an assigpment of any , •;�" ,�z;, .-...-
<br /> rights.claims or defenses wluch Boaower may have against parties who supply labor.materials or services in connection _. - _-.�."�. ��; , —..
<br /> �' with improvements made to the Property. �:�;
<br /> �i 16.Traas�er of the Propeity or a Seneflcial Ia4erest in Sorrowe�r. If aU or any part of the Property or anY interesc . ,,; �..---
<br /> @i SL .
<br /> � tn it is sold or tzansferced(or if a beneficial interest in Boirower is sold ar uansferred and Borrower is not a nanual _,,.�
<br /> . i petson)without Len+der's prior wriasn consent. I,ender may.at its option, recluire imm�iate PaYment in fiill of all sums : ��..°_
<br /> vr-, •�., ".
<br /> ,:�. secured by this Deed of Tn�.st. However, this option shall nnt be exercised by Lender if exenise is pmhi'mited by federal . . ++,<-� --_
<br /> �� law as of the date of this Deed of Tmst. . _ '�°�
<br /> If Lender exercises this opiion, Lender s6a11 give Borrower nodce of acceleiation.The norice shall pro�►ide a period , �•:.• �
<br /> �' of not less than 30 days fmm the date the nodce is delivered or mailed within which Borrower mnst pay all svm�secared . - - t'��
<br /> by this Deed of Tnut. If Boiroaer fails to pay these svms paor to the expiration of this pe�iod.L�ender may imroke aay .
<br /> remeclies pe:miaed by tLis Deed of Tnut without further notice or demand on Boaower. . , -- �
<br /> , . NoN-UAtrnoRM CovENwNTS. Bo�xower and Lender fiuther covenani aad agree as follows: • s�'�-`�..
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<br /> 1 7. Acceleratton; R�edies. Eacept as pmvided In parapaph 16 ha�of, upon Bon+ower's breach of any - �- .-`�
<br /> covenant or ag�e�eat of Borrower W Wts Deed of Tn�st, incladln;Bflrrower's failm�e to pay,by the ead of!0 '�''�'�""��
<br /> calendar days atter they are due.anp sums sec+u�ed by tWs Deed of Tn�t.I.ead�prior to accrele�attnn s6all�1ve . � ::'R�
<br /> { noNce to Borrow�as provfded In pare�raph l2 hereof spectfqin�: (1) the breacb, (Z) the aslion required to a�re ".�, �--
<br /> ` susb breasht(3)a dAte.not tess t6ac�20 days fram the date tt�E nottce is mailed w Borrower.by whfch suc6 breac6
<br /> a
<br /> . :, m�ut be c�ed;end(4)thst fallure to c�e such breac6 on or before the date specifled 1n t6e notice maY rmvlt in . —
<br /> ' ; aocele�ration of the s�mos seaued by this Deed of Trust and sale of the Property. The nottce s1�11 furthe=infom� . :
<br /> Borrowes of the rl$trt to rdnstate after acceleratioa and tE►e rlght W brinE a oo�ut acNoa to agse�t the nonexistence of
<br /> _ a defaalt or any ot6ex defease of Borrower to acce2eration and sale.I�Y the b r e a c h i s not c i u e d on or b dore t h e d a t e
<br /> . ; specified in the notice,I.ender,at I.ender's op@on,may detiare all of the sinms sec�n�ed by this Dced of Tn�t to be �_ . .
<br /> immediate]y due and payable without t�ather demand and ma�invoke t6e pow�of sale aad sny other rmzedle9 •
<br /> perm(tted by applleab4e law. I.ender shaU be ertitled to coltect sill reasonable casts and e�cprnses incurred in � ,�.
<br /> i P�s�the ranedles pmvtded ln tWs parag*aPh 17,including,b�rt not Iimitesf to.reasonabte astorneys'fees. . --
<br /> � ; If the power of sate is invo�Ced,Teustee shall rerord a nottce of dePault in eac6 couu�y in r�hieh the Property or j° -_
<br /> � some part t6ereof is located and shall mail copies af such notice in the mannei'prescrtbed bY aPPllc�ble law to • —m-
<br /> 3 Borrower and to the other peisons pres�a�ibed by appllcabte law.Atter the lapse of such time as may be re�[+dred b9
<br /> � appllcafi►le law. Truste�shall Qive pub7ic noitce of sale to!he{���-°�i�t6e menner prescrib¢d by uPPllcable . . ' --
<br /> ,� law.Tn�stee,rvith�u�dennnd oa�orroveer,shnU sell tl�e ProP�rtY�P�li�a�on to the hlphest bidder at the ti�e i .�.�-�
<br /> and place and�mder the t�s deslQnuted in the notice of sale in one or more parcRJs aad tn such ord�as Trustee t �
<br /> � may determine•Trustee may postpone sate of all or any parcel of the Property by publfc announo�nent sit the time �.
<br /> �� and piace of any previously sc6ednle8 sale.Leader or Leader's deslgnee may piut�ase the Fropedy at any sal�. ,
<br /> Upon receipt of payment of We pdce bid,Tn�stee sQ�all deliver to t6e purr�ser�'nt�t�'s dexd coaveytng the � � • �
<br /> . property sold.Thg recitals in the Tnistee's deed shall be prlme facle evidence of t6e truth of the stat�ents made f , _
<br /> , :� therein.Tnutee sma11 applp t6e praceeds of the sale 1n the follo�v[ng arder:(n)to ell rea§aaat►!e carts and expenses of r _
<br /> the sale,including,bui aoi tlmtted to,�n�ie2's fe2�nctunlly ine�red of aot morr then S�of the�eoss sale prlce, , �
<br /> �� ��*_+�hte t+ttnrneys' Pee9 and costs of titte evidense; (b) to all siuns s�cured by this DePd of TnFSt; und (c)the I . -
<br /> � { excess.iP any,to We person or persons iegally eni[tled ther�o. `. �
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