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<br /> L ..�`� 10 dtdm��i. B�uuower bas a right to be relastated if Lender has recjuiced imnnediate payment in full � .
<br /> " ��r� � �� . 6�canse of Boirower's faiture w pay an aanount dne nnder the Note or this Security Instcumen� T h i s r i g h t apD l i e s . .
<br /> even after forecloscce pmceedmgs�instituted. To ceinstate the Se�auity Instrumeat, Boaower shatl teader in a Iwmp :-:..,
<br /> ., '.' �°� sum aII amoutus required w briag Boimwer's account c�meat inclndipg.W the extent they are ob�gations af Boaowac . _�°.
<br /> - �� '. �,j �mder thia Secarity Ins�umeat, foreclosrue costs and nasonable �d customary�attomeys' fees and expeases pmperly .`y .;.
<br /> associazed aith the forecIosure pm�ding. Ugoa reiastasemeut by$orrower, thia Security 1nsa�t aad the . �: .
<br /> ' '. ,�:,� � obligat�oas t1� it s�ues shall iemaia in effett as if Iender hsd not r4quired immediate paYmeat ia full. Howcwer.
<br /> Lender is not�raq�rired ta pem►it reia�tatean�t if:{i)L�der has aoc�ted reinstate�at aRer the wmnn�at of
<br /> � � � foreclosure pmccediags withia tuvo yeazs imm�iately preceGiag the commence�aent of a c�aent foreclosure
<br /> :' ._�"'•"� Pm�B, C�� wiU preclude foieclosure on different grounds in t�e future,or('iu� reinstatemeat will
<br /> :� " adve�s�iy affect the prIority of the ii�created by this 5e�uity Tnsnum�t. -__-
<br /> • 11. � Not Reiessed: Fa� OY L� r!et a�lUe�ver. Extrasina of the time of payment or
<br />- - � modifuailon of amorii7ation of the sums secuied by Wis Secarity ,mer�r g�ted bY L�der to aay saoc�ssor ia -
<br /> , interesc of Bormwer shall not operate w release the liabiliry of the orIginai �orrower or Barmwer's successo�s Ia Y .��`
<br /> lia i ,�:•: .
<br /> i�t. Lender sball aot be�quired to oomme6se pmceediags agaiusc any successor in inzeiest or refuse w extead -
<br /> " time for paymeat or otherwise modify amorti�ion of the sums seeuced by this Sepuiry Instr�eat bY reason of any
<br /> ``;y''- demaad made by the orlgimal Bomnwer or Borrowds su�ac�soss in�� Any forbear�se by Lender ia exefiising
<br /> . '�-,-,�. �'��'�:.: • aay right or�emedy shall not be a waiver of or preclude the e�caeise of aaq right or iemedy. _
<br /> 12. Sls�a�s aad Assigas Baund:Joiai amd Sev�all�ty:CaSigoe�e- 'ILe oovenants �d agreaments of this _
<br /> . - Secatity Ins�ument svalt bind and beaeSt the saccessois and assJgas of I.euder and Bo�wer,sabjec�t co the provisions _
<br /> a
<br /> �'s ",.. ,. ��. . of paragrapi� 9N).Bonawer's covenaats aad age�enis shall 6e jomt and ss.werel. Aaq Borrower who co-signs tAis
<br /> S�r tnsanmffit 6ut daes aot executs the Note:Ia)is co-sigaia&this Secnritl►�� onlq to mnrtgage, giant
<br /> . aad canvey tbat Boaoaer's fi�est 3n the Propert�+ander the terms af th[s Secarity► Ins�t; Nl is aog petsonallY '
<br /> . obligated to pay tlte s�s s�by this Secu�ty Instram¢ent; and(c)agre�s that Lender and aay other Boiroover may
<br /> .. - . agee to e�end,�Y;fnibear or make anY^.�odations wlth regar�ta.the terms of ti�is Se�ep ins�nm�nt or
<br /> � ^��:;��" the Na���at t�Bosrower's consent. . •
<br /> � :�' �, = 13..8�. AsiY notice to Eoaower provided for�s ail�s Security Insuuu�ent shail be given bg d�eliveaag It or �
<br /> . :. '" '� i�Y ma�i��hy&st class umit�le�s applh�ble law requires nse of aaother naethod. '!he notice st�l be di�ected ta _
<br /> � -:_. � . .��:� - the Pmperty Address or a�ry other address Bomnwer�desigastes by not�oe w Lend$r. Any+not�ce to L�uder sball 6e �;-
<br /> .�:-:
<br /> .;:�4..':..r,_...� .. . �,���class ma�to I.ender's addce�stated hereh� or aay addmss l.ender designates by aoflce ta Bosrowes.Any �'--
<br /> � �0 nutice pmvided for in this Sec�uity Ins�t shall be deemed w have been given to Bomower or Lender when given �,,
<br /> . ��.,,,i, '�`. _
<br /> :, as provtded in this paragraph.
<br /> ; �� . 14. Gbveraiag I sw;Severab�ty. 'ihis SecauIry lnstrumeat shall be goveraed by€adeial law and the law of the
<br /> . '��� ���'•' ' jurisdict�oa in wLich t�e Property is tacated. �she event diat say provisiaa or clm�e of tbis S�urlry Instcameot ar -
<br /> � ., r� the Note oontticts with applicable law,snch co�sl�atl not affect other pmvisIons of t6is Secarlt�►�ns�ment or tI�e �.:
<br /> Note whEcL caa be given effect widzout We ooaXZi:.-ang prozi�iun. To t63s end the pruvIsioas of tbis Ssa�►ity Instnrmeat
<br /> �' � • � : and 4�n Note are declared to be saretab2e.
<br /> .,.."yi�Gf. ,, . C ���`�-'.
<br /> .. �s t � 15��sta�e�'s CaPY- Borrower shall be.given one ooa�om►e�! copy of the Note aud af this Secu[Ity► Ins�t.
<br /> . , �`;�`�, ��::� .; 16 Ha�a��maes. Boaower sha11 not caase or pem�nt the presence.use,disPosa�,s�z�e,or:elease of
<br /> ' ° � aay Ha�iatdons 5n�aaces oa or in the Pro�rt7+. Borrower shaU aot do, aor alIow anyone elsa tb do,aaqthiug �
<br /> • ' } ager,tiug the Fmpeity that is in violation of aay F�vironmental law. 7he precediag two sente.nces a�ll uot ap�Iy to �. -
<br /> � ' �� . the presenoe,us�,or sto:age ou the PropertY o f s m a l l q n a n d t�ea o f H a r a r do u s S u h s t a n o e s Y L a t a r e g e n e i a ll y r e c o g a i z e d
<br /> •f to 6e appropriate to nurmal restdendal uses aud to mainteaance of the Pmpe�ty. �_',•
<br /> �i Borrower shall promptly g'ive I.eader written not�ce of aaq imestigation, claim,demand. Iawsnit or other m�on �;_-
<br /> :' ; . �'�f by aay govemmental or regulatory agenaY us giivate party iuvolviag the Propeity•and any gIa��sss S�bstance or •�.
<br /> •' _. . . � Em+iran�memal Law of�vhich Bonower has acxual lmowlodge. If Bo:rower learas�or Ia notified b�a�Y Soveramental �
<br /> ':•., o:m�tory �thority, that aay removal or other remadiaflon of aay Hazatdous ShbstancRS affeaiag the Pmperty is '� _-
<br /> .� . : > neces§ary. Boirower shall promptly take a11 ne�sary+.r�medial actions in accordaace wiW�nvlro�ental Law �.; .
<br /> :��::�:.• : � As usal in this paragraph 16.°Aar�dous Substances"are those substances defined as wsic or ha�ardous su6st�ces .
<br />- �. � by Environmental Law and the fouowing substaaces: gasoline.�emsene, other fta�able or wxla peuoleian praducts, �'. -
<br /> , � �� � to�ic p�cldes aad hezbiddes, volatite solvents. materlals wntaining asbesws or fomva2dehyde, and radioactive
<br /> �.,,;;.J:,!',:'� mate�als. As used in this paragraph 16,"Environmental Law"meaas fede�l taws and laara oY the juiisdicdan where �
<br />- ',s��;,�;_ the Fraperty is tocated that rnlaze to health, safety or enviromnental protec7ion.
<br /> ���`�?r,U.z. :,, � ' ,
<br />- .. `j'� . � �ION-UND�ORiL� COVENANTS. Borrower aad Lender fiuther covenaat sud a�ee as folloas: _- .
<br /> . �-. , i7. A�i� oi�. Borrower uncondidonaUy assi�as and ttansfers to I.eader all the�sts and revemies ..
<br /> . .. � of the Property. Bonower auWoiizes Lender os I,ender's agents to coltecx the r�ts and revemie� and hereby directs
<br /> ' f each tenaat of the Property to pay the renta to l.ender or Leader's ageuts. However, prlor w Lender's uotioe to • .
<br /> . ':' , � � Bormwer of Borrower's breach of any coven�st or agceement !a the Serurlry Iasaumen� Boaower sHall collecx anA
<br /> � ' ' • receive aU reQts and ievenues of the Property as hustee for the beaefit of Lender`and Bmrower. 7his asslgament of
<br /> . rents constimtes an absolute assignment and awi aa assigmneat for additional securiry only. �
<br /> ' , :. � If Lender gives notice of breach W Borrower: (a) all renta reeelved 6y Boaower shall be held by Borrawer as
<br /> - .. ' uastee for beneHt of Lender oWy,w 6e applied to the sums secured by the SecurIty tnstrnment; (b)Lender s6�tI De �
<br /> . entitted to coIlea and recetve all of the reats of the Property; and (c)each tenant of the Pruperty shail pay all rents . .
<br /> . due and uapaid to Iender o:I.ender's a�ent on lander's written demand to the tenant. .
<br /> � � . Borrower bas aot exeaued any prtor ass�nmeut of the rents aad l�as not aad will noi perform any aa that would
<br /> .� prevent Leader from exercLaing its righta uuder t6is paragraph 17.
<br /> � I,euder sLall aot be sequ�ed to enter ugoa.take�nicol of or maintain the Property before or after giving noSce
<br /> •� of brearb w Borrower. However, l.eader or a judicially agpoint� �eeiver may do so at any da�e thete ls a breacb.
<br /> , I�B1lSBMFilA D�dF 78USP �
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