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(C) If the Property is abandoned by Borrower, or if, after notice by the Agency to Borrower that <br />the condemnor offers to make an award or settle a claim for damages, Borrower fails to respond to the Agency <br />within thirty (30) days after the date such notice is mailed, the Agency is authorized to collect and apply the <br />proceeds of any award to the sums secured by this Deed of Trust. <br />(D) Unless the Agency and Borrower otherwise agree in writing, any such application of <br />proceeds to principal shall not extend or postpone the due date of payment or payments specified in the Note or <br />change the amount of such payment or payments. <br />13. Forbearance: by the Agency Nota Waiver. Any forbearance by the Agency in exercising any right <br />or remedy will not be a waiver of the exercise of any such right or remedy. The procurement of insurance or the <br />payment of taxes or other liens or charges by the Agency will not be a waiver of the Agency's right to accelerate <br />the maturity of the indebtedness secured by this Deed of Trust. <br />14. Remedies Cumulative. All remedies provided in this Deed of Trust are distinct and cumulative <br />to any other right or remedy under this Deed of Trust or any other document, or afforded by law or equity, and <br />may be exercised concurrently, independently or successively. <br />15. Successors and Assigns_8ound. The covenants and agreements herein contained shall bind, and <br />the rights hereunder shall inure to, the respective successors and assigns of the Agency and Borrower subject to <br />the provisions of this Deed of Trust. <br />16. Joint and Several Liability. The covenants and agreements herein contained shall bind, and the <br />rights hereunder shall inure to, the respective successors and assigns of the Agency and Borrower, subject to the <br />provisions of paragraph 29 hereof. All covenants and agreements of Borrower shall be joint and several. <br />17. Notice. Except for any notice required under applicable law to be given in another manner, (a) any <br />notice to Borrower provided for in this Deed of Trust will be given by certified mail, addressed to Borrower at the <br />address shown in the first paragraph of this Deed of Trust or such other address as Borrower may designate by <br />notice to the Agency as provided herein, and (b) any notice to the Agency will be given by express delivery, return <br />receipt requested, to the Agency at the address shown in the fust paragraph or to such other address as the Agency <br />may designate by notice to Borrower as provided above. Notice shall be effective as of the date received by <br />Agency as shown on the return receipt. <br />18. Governing Law. This Deed of Trust shall be governed by federal law and the law of the State of <br />California. <br />19..-.rability. In the event that any provision or clause of this Deed of Trust or the Note conflicts with <br />applicable law, such conflict will not affect other provisions of this Deed of Trust or the Note which can be given <br />effect without the conflicting provision, and to this end the provisions of the Deed of Trust and the Note are <br />declared to be severable. <br />20. Captions. The captions and headings in this Deed of Trust are for convenience only and are not to <br />be used to interpret or define the provisions hereof. <br />21. Hazardous Substances. Borrower shall not cause or permit the presence, use, disposal, storage, or <br />release of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, <br />anything affecting the Property that is in violation of any Environmental Law. The preceding two sentences shall <br />not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are <br />generally recognized to be appropriate to normal residential uses and to maintenance of the Property. <br />22.. Acceleration: Remedies. Upon Borrower's breach of any covenant or agreement of Borrower in this <br />Deed of Trust, including, but not limited to, the covenants to pay, when due, any sums secured by this Deed of <br />Redwood City First Time Homebuyer Silent Loan Program Deed of Trust Anril 11 ')nn[, <br />Illlllll�lllllllllllllll <br />o 3g2o P11l1l111111l1WtI$Itz00o250 <br />