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96314544 <br />stated herein or to such other address as Lender may designate by notice to Borrower <br />as provided herein. Any notice provided for in this Deed of Trust shall be deemed to <br />have been given to Borrower or Lender when given in the manner designated herein <br />two (2) days after deposit into the United States Mail, or on the date when <br />personally served on the Borrowers or Lender. <br />12. Governing Law: Severability. The state and local laws applicable to this <br />Deed of Trust shall be the laws of the State of California. The foregoing sentence <br />shall not limit the applicability of Federal law to this Deed of Trust. In the event <br />that any provision or clause of this Deed of Trust or the Note conflicts with <br />applicable law, such conflict shall not affect other provisions of this Deed of Trust or <br />the Note which can be given effect without the conflicting provision, and to this end <br />the provisions of this Deed of Trust and the Note are declared to be severable. As <br />used herein, "costs", "expenses" and "attorneys' fees" include all sums to the extent <br />not prohibited by applicable law or limited herein. <br />13. Transfer of the Property or a Beneficial Interest in Borrower. If all or <br />any part of the Property or any interest in it is sold or transferred (or if a beneficial <br />interest in Borrower is sold or transferred and Borrower is not a natural person) <br />Lender may, at its option, require immediate payment in full of all sums secured by <br />this Deed of Trust. <br />However, this option to require immediate payment in full of all sums secured <br />by this Deed of Trust shall not be exercised by Lender if exercise is prohibited by <br />federal law as of the date of this Deed of Trust, or if Lender has executed a separate <br />written waiver of this option. <br />If Lender exercises this option, Lender shall give Borrower notice of <br />acceleration. The notice shall provide a period of not less than thirty (30) days from <br />the date the notice is delivered or mailed within which Borrower must pay all sums <br />secured by this Deed of Trust. If Borrower fails to pay these sums prior to the <br />expiration of this period, Lender may invoke any remedies permitted by this Deed of <br />Trust without further notice or demand on Borrower. <br />NON -UNIFORM COVENANTS. Borrower and Lender further covenant and <br />agree as follows: <br />Daniel Woolery Page 6 of 10 <br />Deed of Trust November 15, 1996 <br />