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20. Cations. 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. HazardaLIS 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 />Trust, the Agency, prior to acceleration, will mail by express delivery, return receipt requested notice to Borrower
<br />specifying; (1) the breach; (2) the action required to cure such breach; (3) a date, not less than thirty (30) days from
<br />the date the notice is received by Borrower as shown on the return receipt, by which such breach is to be cured;
<br />and (4) that failure to cure such breach on or before the date specified in the notice may result in acceleration of
<br />the sums secured by this Deed of Trust and sale of the Security. The notice will also inform Borrower of
<br />Borrower's right to reinstate after acceleration and the right to bring a court action to assert the nonexistence of
<br />default or any other defense of Borrower to acceleration and sale. If the breach is not cured on or before the date
<br />specified in the notice, the Agency, at the Agency's option, may: (a) declare all of the scans secured by this Deed
<br />of Trust to be immediately due and payable without further demand and may invoke the power of sale and any
<br />other remedies permitted by California law; (b) either in person or by agent, with or without bringing any action
<br />or proceeding, or by a receiver appointed by a court, and without regard to the adequacy of its security, enter upon
<br />the Security and take possession thereof (or any part thereof) and of any of the Security, in its own name or in the
<br />name of Trustee, and do any acts which it deems necessary or desirable to preserve the value or marketability of
<br />the Property, or part thereof or interest therein, increase the income therefrom or protect the security thereof, and
<br />the entering upon and taking possession of the Security shall not cure or waive any breach hereunder or invalidate
<br />any act done in response to such breach and, notwithstanding the continuance in possession of the Security, the
<br />Agency shall be entitled to exercise every right provided for in this Deed of Trust, or by law upon occurrence of
<br />any uncured breach, including the right to exercise the power of sale; (c) commence an action to foreclose this
<br />Deed of Trust as a mortgage, appoint a receiver, or specifically enforce any of the covenants hereof; (d) deliver
<br />to Trustee a written declaration of default and demand for sale, pursuant to the provisions for notice of sale found
<br />at California Civil Code Sections 2924, eta., as amended from time to time; or (e) exercise all other rights and
<br />remedies provided herein, in the instruments by which the Borrower acquires title to any Security, or in any other
<br />document or agreement now or hereafter evidencing, creating or securing all or any portion of the obligations
<br />secured hereby, or provided by law.
<br />The Agency shall be entitled to collect all reasonable costs and expenses incurred in pursuing the remedies
<br />provided in this paragraph, including, but not limited to, reasonable attorney's fees.
<br />23. Borrower's Right to Reinstate. Notwithstanding the Agency's acceleration of the sums secured by
<br />this Deed of Trust, Borrower will have the right to have any proceedings begun by the Agency to enforce this
<br />Deed of Trust discontinued at any time prior to five (5) days before sale of the Security pursuant to the power of
<br />sale contained in this Deed of Trust or at any time prior to entry of a judgment enforcing this Deed of Trust if: (a)
<br />Borrower pays Agency all sums which would be then due under this Deed of Trust and no acceleration under the
<br />Note has occurred; (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained
<br />in this Deed of Trust; (c) Borrower pays all reasonable expenses incurred by Agency and Trustee in enforcing the
<br />covenants and agreements of Borrower contained in this Deed of Trust, and in enforcing the Agency's and
<br />Trustee's remedies, including, but not limited to, reasonable attorney's fees; and (d) Borrower takes such action
<br />as Agency may reasonably require to assure that the lien of this Deed of Trust, Agency's interest in the Security
<br />and Borrower's obligation to pay the sums secured by this Deed of Trust shall continue unimpaired. Upon such
<br />Redwood City First Time Homebuyer Silent Loan Program Deed of Trust April 23, 2000
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