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<br /> �: ,. .. . ���a �,� � �„�a 9�� n�� � .::'<_.
<br /> � :� �o. R� B�ower na� a rtgtu co �t. 't�is ri�hi a�ti� ,
<br /> , `.`' 6x�uuse af Boirower's faitute w pay an a�unt due uader tbe Nate or this S�urlty ..
<br /> s goiruwer s6a11 tender in a lamp
<br /> . ' evea after forecIosuie pto�in$s are institut e d. To x e i n s t a t e s h e S e c u r i t y ia�. � .
<br /> , • ``� , yvm ell amo�mts ce�uired to brlug BonowePs�sxount ctur�t inciading.w the exteat they are obligasioa9 of Bormarer
<br /> `"� 4`` forec[osure wsts�aud seasonab�e and customarY attomeYs�.fee.s and eapenses Pmp�Y
<br /> '� uader this Seaurity iasuumens. . •: : �
<br /> ; sssaciated with tfle farerdosnre Pmce�ing• Upoa ceiastatement by Bortower��SecurlPaY����0w� `'�'°�
<br /> ` ., ��:tf���.,. obl{gadons tl�at it se�sHari cemaiu in effe�t as if I�ender haa aot required ' � :_�,:.,-
<br /> : .�- LeaGer is ffi►i cequired w pe�t te�statement if:(�?� has aaaePted reinstatement aft�r the� of :�
<br /> , viitim� two yeats i�iatclY PreoedinS the oo��t of a cu�re�u foreelosore
<br /> �,:.-,:'. . fon�ctosure pmoeedin�s fore�os�ua on diff�+eat Ssounds In the fuwne,or(ii���as� �
<br /> --^�rr'"`�� pmceeding, (�)�� �p�� - `
<br /> � ��.
<br /> adveisely affect the prioriry of the li�c� DY�S�Y �. ` �-r,
<br /> . .,.,"` 11. Baaawer Pdae Retes� Fosb� �9 � Na3 a Waiv� Hxte�sion of the time of payment or .
<br /> . i L�ender to aaY successor iII • ;V,:�..:'
<br /> . � , . modifitation of amanization of ttie sa�s secused 1Dy this Secvrttp I�u�a� g�t� bY �en n._:.-_.
<br /> , . ��`; ,.`. =' to celeas� the tiabiGty of the originai Borcaarer or Bosiow�'s suoce�sois in :_�
<br /> � int�st of Satzower shall not operate e �or in int�st or�efuse w e�aend �`'_�===
<br /> . ��:�' iate�es� Leader sLall not be r e q u i�e d to caaam�sse Ptoceedings Sainst�Y � ��n of aay r.,-..°.
<br /> '`'s dme for paymeut or atheuwise madifS►�ostizadoa of the sumv secuied bY this S�ty► L�der in ea�ising �"=_-�
<br /> .,, : : <�
<br /> ° d�aatl made.lsy We orlginal Batrower or Bormwer's suooessors ia lnte�-t. Any fo�hea�ce bY �.. _
<br /> �, any dg�tt ar teme�Y sT�11 ant be a waiver of ar pneclnde the eueccise of any right or�nedy. � �
<br /> � 12. ���SP��loi�Sad�i�:Co-Si�- 7he covenants aud�� of ttiis �,,.
<br /> , , � ," `: ',` , Se�auit�►Ias�nteut s�all biad awl b�efit the snooessois and asdgaa of L�der�d Bomnwer,snhject to the p�visions ��.
<br /> �--_-
<br /> � �`` of patag�aph 9(b).Hosmw e r's wv e n a n t s a a d a g re e m e n t s shaIl bs joint aarl several. Anp Bosrower c�a on+sigas ttris Fs�
<br /> �i�.',.' � �ty Ins���t bai daes not exeaue the Note- (a) is co-signing this Seiurity Insuameat °aIg om�.� [`."`�'
<br /> ' � @}is�t p�ueal3Y •'i2�`.
<br /> under the oem� of this Se�nrity `'-' =-
<br /> _�.`,.,' aad oaimnreY tl� Bormwer's mtQtest in the Pcopetty and(c)af,c�t�i Ixcu.'er and a�c�Boao�map , �'_�:=-.-�_
<br /> � obHgared w pay the sams seca�d bythis Sea�dry Tnstn�t: f chis�� �'-��°;�-
<br /> or make enY aao�oas with regatd to the tams't °T �._---_
<br /> ag�ee w e�end,ma�ty,fur�ear �- _
<br /> ag e
<br /> '•. �•+ •r�•:-' tt1C NOtC WIi�IOQL 1j13t BOZL�9P��9 COIES�IIt. �������y�(L OI --_
<br /> •. .: 13. 1�. AnY aati� to Boirower provIded fos ia this SecuritY i�t -
<br /> '�r� lic�.b2e law re4uite,g ase of aaother m�had. 't�e nat�ce sha11 be directed to ��-
<br /> .r :�. , .. by��8 u py fust class ma7�ess aPP� afliice W Itader. Any nntice to Leader �be ��
<br /> ; - ' :'`'�` the Ptoperty Address or aay other address Botmwer deslg�aate�s bY c�e E:---`"
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<br /> ''.;r�.� giv�by fitst Class ma�w L�ndec's addiess stated herein or�y addiess Lender deslgaates.bq notice to Boimwer.Ai►Y ���-
<br /> CII t0�OIIOl9Ci 03�w�1$�� r-•�:�•,-
<br /> � ' ' � �odce pxuvided far iu this Sec�iltY
<br /> Insuument staU be deemed w have b�en g� e
<br /> -. ��
<br /> ,' . . ', ': as ptavided ia this paragaPh. 'ihis.Se�auity insteu�nt s@aII be govemed bY fedeaal law an�the law a£tise —�_
<br /> ':. ,�� 14. Gov�ng 1aw:�Y• -
<br /> �� - �on ta which tne Pmg�ty► �S tocated_ In the eveat tBat any Pmvision or ciause of this Sec�tty tusu� oT • ---
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<br /> .. tlse Note canflicts�vtth upPli�Ie law,such conflict shall not affect other pmvisians of tLis Secauit9 tnst�ae�t or the ��.�=__
<br /> .. '`t``_.- Note which c�n�e gtvea effect without the contllc�ing pmvision..To tbis ead the pm�sions of this�usity InstrameQc _�._.
<br /> ., � �.;'s� an�the Note ace dz�t�ed w be sevetrable. of the Ne�aad of thia S�c�rIty►I�mm�. ---
<br /> � •` � IS. Boaoae�s Lbpy. Bo�rawer s3�all be givea oae confo�med oaPY or rei�of -
<br /> . ..` lb. H�s Slo�. Bo�wer shall not cause or ge�it t�s pnsence,c�e,disposal�scm'aSe► ,
<br />� ... � �� : '�r suy Aa�ardans �6staaoes on or ia the Prapeny. Borrower st�aU uet do, nor altow anyane else to do.�g ---
<br /> affeaing the Fi��xtY that is in violatEon of�y Eavironat�►tal Iaw.'i7�=Pr�oedi°g two s� �aot��iy w o =
<br /> "`��� , ; the presense.�,os storage on the Pmperty of ama11 q�autities of Iia��s Substaaces tLat are genaa]IY cmaBni�d
<br /> � :.•'`'� inr nae f ttte Pio
<br /> ��;.;,,.:�;��. , w nonaal c�deutial uses and to ma ea� o P�Y•. _
<br /> . :� �'�'�;" '`�` � h�ai�iower shaA PromPUY gi claim�demaad, tawsuit or dt�n..�on
<br /> •� ve l.ender wriuen notice af aay iavestigation, � �Ha�daus Slibsranc�e ar '
<br /> ` ' ., .
<br /> ,.:.':. �:,._ :: .,T or private pAity involving the Piope�tY _
<br /> • : �7 b9�Y�'e�tal or�eg�.�ary ag��l+
<br /> g�ta1 �of wLic�s Bomnwer has.actual �owladge. If Borrower learas.or is nodSed bY�►Y Sove�oeaml
<br /> :: _ � or mgulatorY�9•��semuval or ather remediation af any Hazardoas Slibstanoes aff�ttng the Fmp�Y �
<br /> . .. � ' '�'.�.�.� :c�ssaiy,Bormwes_sha11 giu�lY take aU neoessary r�m�ial actioas in ar�ordaace witb Env9ranm�otal l.aa►. ___ -
<br /> . . ;�sr;.y '� � l�s uqed iu this yara�ti� L�,"Ha�dous Substances"are those substaaces defined as toxic or haZatdaas sabsmnces _-
<br /> 'E��1:. '��`:`. Law aad a''���'ollowing substaeoes: gasoline.keraseae, other fla�ble or ta�dc peuoleum pmducts. -
<br />_:,`i:tr;;,�:.� .. � bp�.^vim�1 � asbestos ar formaldehyde. �d�:adioacttve
<br /> �•,s.�;�t, .. :` . . toxic pesticides ati»d bdbicides. volatile solvents. matertals oantaiaing
<br /> ^d
<br /> . �•��;�,F'`:::�.. � matetials. As a�in this pazaSraPh 16."Envtranmental Law"meaav federal laws aad lawa oi the jurlsdicttan a�e� _ --
<br /> '�i;' ::: ' th�Prnperty is tucazed thzs�relate to health. safety or environmental protec�am• _.
<br /> •�'f��>r . • � -
<br /> �.,:.:1;�?Y�:. .. . . -
<br /> � .' N�:�t-IJPIIFORM COVENANTS. Botrawer aad Le� fwther covenant aad egree as follows: �V.._-
<br /> � � ' • Y7. A� of R�ts. Bosowa unoondidona�q assigas aad aransfers w Lender all the tents aad`��a� _.._-'
<br /> � . ��`� � of the Propectg. 'Boimwer autharizes Lender or l.ender's agents to oolteci the:ents aad revennes aa�tietcbY d�t+�s -
<br /> _. t� 0 �
<br /> . ..;�;�.`� `'. �b. tcnant of the Property to pay the reats to Leader or Lender's ageats. $owever.Prior w l.�'s nosice to
<br /> � t in the S�ity Instiniment, Bormwer shall caiIact tmd �* -,
<br /> . �: � . �on�awer of Borrower's brea� of any oovenant or agc�en � .
<br /> ` � reaeive all rents and zeveaues of the PmpertY as tmstee for the 6enefit of Lender ard Bormarer. 7l�is�si�t of � �,:
<br /> ,.o,. • rents consuuueg an absolute assignmeat zad not an assigu�aent for additI�onal seausity only. �• .� :.
<br /> nal E
<br /> ... . If I�det g+�es notice of brezch ta t�SOnmNer: (a) all rents r�eived by Sorrower shall be held iry Ba=ta�►er as
<br /> �t_�`,:�::
<br /> . . uusi�e for be�frt of 1�endEr oniy,to be�p11ed to the sums sec�u+�9 by the Seauiry Insnua�t: (b)Lender shall be ,.;(r:
<br /> ,' ' . �tttled to collect and�ceive all of the rents of the laeaperty;and C�)eac�► tenaat of rhe Pmperty shalt pag xlt rears
<br /> � .i:l�:�':
<br /> 'c.1 � . �,aa�us�aid to Lender or Le�der's ageat on I.eader's vrrittea demand to the tenaat. �-:.-,.ti.
<br /> age t
<br /> � . Burrowet t�as not ex�uted any prtor as,slgnment of t�e rents and has nat and will aot perform anY ect t�i Rranld
<br /> prevent I.ender from exercising its dghts undet [�is p�ag�raPb 17. -_.
<br /> t
<br /> take�ontrol of or mainrain the Property before or aftet giving aatice
<br /> . . Lendet sha11 not be requlre+d to e�ntet upon. ,
<br /> . , - of breac� w Ba wer. liowever,I�nder or a judicially appolnted rer�9ver may do so at any time there is a breach. .
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