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<br /> � ' t3. Noticee. Any notice to Harovxr providccl for(n thts Sccurity Inacrumcnt shaU be gtven by d�elfv�ering it or by msfllng •�.��_
<br /> it by first claas nazU unless appticable law rcqutrr.s use of xnotl�cr med�od. The nottce shall be direccod to tEae Froperry Address ��'-g°'"`
<br /> � ��
<br /> or any othet ac�iress Horrawer designn�es by nodce to Lender. Ariy nocic,� to Lencier shall be gto+en by Fi�st class mait to '�'��^i��^^%
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<br /> � l.cndcr'a uddress statccl herein ar sny rsddtess Lc:nder dcsfAnatcs by not.ice to$anower.Any notir,�;providrd fox[n this SccuHty
<br /> Instsument.shnEl be decmed to have bccn g[vcn to I3arr�wer or 1A;ruler when gtvcn as prrn+tdect in thfs p:�rc+greph. "������'
<br /> � 14. (iovern�g lww; Severablllty. This Sccurlty Ins�ru�nent �l�all be governed by federat G�w an,d the law of the CO _ ;;•.�:,-�
<br /> f�ert�dictfon Irt which the Properry is locatcd. In the evcnt tbet mm�rovislon�r cLsuse of thls Sec:udty Instrum�c;nt or the Notc"� � .'�'=,��
<br /> . `{ cor�tUr.tfl with appUrablc luw,such confUct shaU not affcct other pravisioiu of thJs Secudry Instrumc;n�or ciie Notc which can �
<br /> ; �1 �c given effcet wichoui the wnflicdng provisian. To ei�is end il�e provlsions of�hls Securiry Instcumenc end the Note are Q ._ ;;;�;t?��
<br /> ; �, deel�red to ix;sev�rable. • .. • . . �
<br /> � 13, If��rro�wer'�Copy. Borrowcr shaU be givan one conformcd copy of the Not�and oP tl�ls Security lnstrumenG � ..�,��p�_,r�,,�t,,;a;-
<br /> 16. HwzRrd�wa Srbstsnces. Bonower�ball not cuusc or permlt tlie presence,usc:,dLgpos�►�,�tornge.ar rekasc of auy� ,,I:r_�r,:,:c�.,��
<br /> "`"� . � Hua.�rdous Subsrances on or in the Properry. Bonower sl�ull noe dv,nor allow anyone etse to do,artything effectlpg the� . " '� + ��-�"
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<br /> Propeny that is in violatlon af any Envlronmental I,�►w. The pretedL�g two sentences st�lt not uppty to the presetKe. use, ,.:,�r.:�X,��„�:•
<br /> i or storage on thc Property af smnU quantitics of Huuudous 5ut>stances chat arc generaUy recognized to be approprtate to � ,�-�j��-M°
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<br /> notmal resldcntL�l uses and ro maintenence af thc Property. ���~ _ __
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<br /> , '. � Bc�nower shatl promptty give Lendcr�vrittcn aodce of any invesdgation,claim,demend,lawsui[or ather actlon by any ��,�:_
<br /> �� governmental or regulatory agenry or private parry involving tl�e Property und any Hazardous SuUsrunce or Emdronmental .:-_
<br /> . ,, i L.aw of wWch Borrower t�.as actusl kaowledge. If Borrower learns,or is notitieci by any govemmenr.al or regulntory authorlry, �;-sti�
<br /> � thuc any removal or other remrdietlon of any Ha�ardaus Subs[ances a�'ecttng the Fronerty is riea�sary. Borrower shall �„-:_-
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<br /> promptly takc all necessary remedlel acdons in aca�rdanoe witl�Environmental Lew. Ez__�
<br /> ' As used in this paragraph ib,"Ha�ardous Substances"Are Wor�substances defaned as toxtc or hazardous substances by --__
<br /> EnvItonmental Lnw and the foUowing aubstances: gasollne,kemsene,other flamms►ble or toxk peuoleum products. toxic
<br /> " pesticides and herbtcides,volnWe solven�s.matertals contsinin�esbestos or formaldehyde,and radloacttve materials. As useci �,`�_�
<br /> � ��� in this paragraph 16,"Eavironmental I.aw"means federal lawa and law�of the jur(sdicttoa where tlie Property is located that rs"�'�--- '
<br /> ' mlute to health,safety or enviranmentel protecdon. '�''��:�:s--
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<br /> �„�p. NODi-UNIFORM COVENMITS. Hoaowcr and L,ender ftirther covenant and agree as follnws: 't�;:,.�___.
<br /> 17. Asslgnment ot Renta. Bonower uncandldanally assigns and transfers to Lender all tlie rents and revenues of the .��==- -
<br /> � ; pmperty. Borrower auchoriaes I..cnder or Lender's agents to coUeat[he rente and revenues and hereby directs each t�nant ��r',M. -
<br /> of the Property co pay the tents to Lender or Lendcr's agents. I�Iowever,prlor to Lender's natice to Bonower of Borrower's ;:�}:;���,�
<br /> breaeh af any covenent or agreemeat la the Securiry Iasuument,Bonower sl�all collect and receive all rents and revenues t,:;.;�
<br /> of the Pm�erry as uustee for the bcne�t of Leader and IIorrower. Thlc assignment of rents constitutes an absolute �'�::�i�
<br /> ' assigament ead not aa assignment for addidonal secuflty only.
<br /> _-__=-- - If'Len�ier givr�nuu�:a uf`vrcach ta P.orta�cr.(s}sU rcat�rs^�f!�e�!by�+!Tnwer shtill be held by Bot[ow81 es Irustee fOT ,
<br /> beneHt of L,ender only,to be applled to the sums securcd by the Sccudty Tnsuument;(b) Leude�'sha11 be enttded to oollect _
<br /> and reafve aU of thc rents of the Property:and(c)each tcnant of the Property shall pay all rents due and unpaid to Lender �`°�'—
<br /> or L.endar's agcnc on Leudcr's written demand ro the cenan�
<br /> Barrower hus noc cxecuted any prbr assignment of che rents and bas not and wW not perform any act that would prevent
<br /> L.cadcr fmm exercising its dgh�5 undcr thic paregraph 17.
<br /> _ ' Leader sha11 not be required to enter upon,take control of or maintain the Property betore or after g[ving rwtia of -
<br /> breach co Bonower. Howi,wer, Lender or s Judicielly appointcrl recciver may do so ac any tuaa chere is a breach. Any .
<br /> uppHcatioa oP rents shall not cure or waive any dcfault or invalldste any other right or renicdy of Lender. This asstgnment
<br /> ' of renta of thc Property shall torminate when the debt sccured by the Secuciry Instrument is paid Ia full.
<br /> 18. Foreclosure Frocedare. If L.endcr rcquires tmmediatc payment in full under purngruph 9,I.ender may irnokc the
<br /> �y :, , .,' :r of sale aad eny other nmedies permitted by applicable luw. Lender shall be entided to oollect all experues incurred
<br /> �•.h°:�• � �;uing the remedies provkled!n WLs paragrepb 18.iacluding,but not limited to,reasonabk attomeys'fas and oosta of
<br />�•:��••r .• �t � .• .fdence.
<br /> ^.�"*::� , if chc power of sale is invoked,'I�ustce shaU rcoord a notioc af default in each caunty in which any part of the Property --
<br /> is lo�ated end shall mail copics of such aoticc in the mauner prescr"bed by applicable Isw ta Bc�rmwer and to the other -
<br /> persons prescribed by appUcable law. After thc time rcquircd by appiicablt law,Trustee,shall give public notice of sele to
<br />�:. • thc persona and in We manner pracribed by applicable Inw. Truste,e,without demand on Bonowcr,shall sell the Properiy
<br />,.`b��, =�s at publlc auction to the highesc bIdder at the time and plaw and under the terms designated in the notioe of s�le in one or
<br />'� more pareels end in any order Trustec detcrmines. Tcustee may p�stpone sale of all or any paroel of the Property by publk
<br />-� �' ennouacement at che t[cne and pince ot any previousty scheduled sale. I.ender or its designee may purchase the Property at
<br /> �: �='�: .` any sale.
<br /> `=-'� • Upon reoelpt of payment of the pr{ce btd,Trustee shall deliver ta the purchaser Trustee's deed coaveying the Prop�rty.
<br /> . '. The recitals in the Trustce's deed shall be prima facie evidenec of the truth of[he statem�nts msde cherein. Trustee shull
<br /> apply the proceecls of the sale in the follow(ng order:(a)to aU costs and expenses of exercising the power of sale,and the sale, �_� __
<br /> including the payment of the Trustec's fees actuelly incurred,not to excced %of the princ�ipal �% �=-- ---
<br /> ' amount of the note ut tue time of the declaration of default�end reasonable attorneys'fees as petmitted by law;(b)to all sums �=`°�_
<br /> �, secured by thls Security Instrument;and (c)aay excxss to th�pers�n or persons legally entitled to it. �__�—
<br /> If the L.ender's interest tn this Secudty Instru�ent is held by the Secretary and the Secreuiry requires immediate payment ��`�;��--s---�-�
<br /> , in fuU under ara h 9,the Secre ma tm+o{�e the non udicissl wer of sale rovided in the Sin e Fami Mort e ��` "�M�� ,
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<br /> Foreclosute Act of 1994('Act"}(12 U.S.C.3751 et sec. by requestic�a foreclosurc cammtssioner designated under the Act --����»� � -
<br /> '• „-t�
<br /> � tn commeace foc+eciosure and to sell the Property us provicied in the Act. Nnthing ln che preceding sentence shall deprlve --�+%�- :
<br /> the Sccretary of any rights othetwise available to a Lender under ihis paragmph 18 or applicable law. . .
<br />- 19. Reeonveyance. Upon paynceuc o[all sums secured hy thLs Security Iastrument,Lender shall request Trustee to `��.� '�•�':c
<br /> ` re�conve}r the Properry and si�all surrender this Securiry Instrument aad atl notes evidencing debt secureci by this Security -� �••'' -•
<br /> ___. Instrument to Trustee. Ttustec shall reconvc.�y the Properry without warranry and without charge to the petson ot petsons ' � �
<br /> ------ -�--
<br /> , 1cgaUy entitled to It. Such person or persous slu►Il pay uny reooMutian costs. � -- -
<br /> 20. Srbsth�u Trrstee. I.cnder,a� i�option,may from eimc to cime remove Trustce and appoint a succes.wr trustee .. .
<br /> to any Trustce appointed hcreunder by�n instrument rworded in the oounry in which this Sccuriry Instrument is recorded. r �
<br /> Without conveyAnce o[the Property,the succcssor trwtec;stv�ll suc;cecci to all the titic,power and dutics confcrred upon the
<br /> 'I'rustee herein and by appGcable law. '
<br /> 21. ReqMest tor Notices. Borrower requu��s tlwt copics of the notiues of default and sule be sent to IIorrowcr's address �
<br /> wh{ch is the Properry address. !
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