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<br /> ' � 13. Noticea. Any noticc to Borrawcr provided for in this Sccuriry 1n5trumcni shnA be givc:n by dclivcring It or by maUlug ,
<br /> I►by tirst duss maU unlu�s applicab�law requires uac oP anothcr mothnd. Thc notice shaU 6c dixectcd to the Property Addmss
<br /> � or 3ny othcr ucklress Borrowcr dcsig[vitc�by notice to Lendtr. Any noUu:to l,cndcr shaU bc givcn by flrst class mail to
<br /> � Lcnder's addrw�s stnted hcrcin or uny uddress Lcndcr dcsigm�te:s by noUc�:to Bonower.Any notice provided for in thl�Sccurlty
<br /> � lnstrumcnt siwll tx;dccmed co huvc bcen givcn to Borrawar ar Lendcr when govc ncdpbpVf�dcral law and�hc law of thc
<br /> � 14. 4overnin= I.�w= Sevenblllty. This Sccurity lagtrumcnt shaU be g Y
<br /> jurisdiction In whlch the Prope:rty l5 toa+tcd. In the evcnc thtit any pravLgion or cluuse of[his Suuri�y Ingtrumcnt or the Not¢,� . .1
<br /> ' wntUccs with appUcablc l�w,such canNct�haU nat atfcct ochcr pravislon�of this Sccuriry Inssrumcn� ar chc No�e which can � �
<br /> bc givcn cffe:ct withouc thc con.'IU:�inB Pmvi�ion. Ta thls cnd thc pravi5lons of this Securlty lastrumcnt and the Note nrc � I
<br /> declnrcd ta be scvemblc. InStrument. •
<br /> 15. Borrower'R CoPY• B�npwer shail be given one canformed copy of the Note and oF tdJs Securi►Y ,
<br /> disposal,scorage.or tcicasc of uny
<br /> ' l6. Has�rdans Subsance+. Borrower shnU no[cause or permit the presena:,use, ..
<br /> ' Ha7nrdous Subscances on or in[he Prapercy. Aarrawer st�all no�do,nor allow anyone else co do, unything atfectin8 the ;
<br /> pc�pert.y�hst is In violacion of any Enviranmental I.aw. The precedin8 tao sentences st�all not apply to the presence,use� _
<br /> , or smrage on thc Praperty of smaA qu�ntitics of Hazardous Substances that are genernlly recognized co bc apprapciate to � ,
<br /> i n�rmal residential uses and to mnintcnana:of the Properry. Y y �" ^`N:tii�y_;.
<br /> ! Borrower shall prompQy give L.ender wrttten notice of any investigation,claim,demand,lawsuit or other action b an `:,.Y�,. �_�._ P
<br /> ,� ! govcmmental or rCgulatory ageary or private pany involving the Property and eny Ha�ardous Substanoe or Eaviromnental ... ��,i,�.
<br /> Law of which Borrower t�as actual knowledge. If Borrower learas,or is notitied by any governmental or regu'�atory authoriry. ���':�4-!�=�'-°�""�--
<br /> .1 L1
<br /> tbat any removal or other rcmedlation af any Hazardous Substancc�affectin8 the Prop�rry Is nec�ssa17'. Ronower shall __
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<br /> �, promptly take aU necessary remedial actions in accordance wleh Environmentsl Law. ,.ziY.._ La
<br /> ; ps used in thls paragraph 16,"Hezatdous Substanas"ero those substances defined es tvxic or ha�ardous substances by `i�.Y:-:
<br /> ::�'�;_,.
<br /> Environmcntal Law and the following substances: gasaUne,kerosene,other flammable or ioxic peuoleum products,tox[c r�
<br /> � pesticides and herbicides,volatie solvenu,macerlals containing asbestos or formaldehyde,aadradioac[ive materials. As used ,,,., -
<br /> , � in tliis paragraph 16."Environmcntal Law"means fedcml laws and laws of tde jurisdiction wbere ihe Yroperty is locaced thRt _.i _
<br /> rel��te to heulth,safety or cnvironmental proteccion.
<br /> ' `' NON-UNII'ORM COVENANTS. Borrower snd Lender funher covenant and agree as foUows; '?�W�`:_
<br /> = '� 17, Assigument ot Rents. Bonower unconditionaUy esstBas and traa5fcrs to Lender all the rents and revenues of the .��;_
<br /> �� � properry, Bonower autlwrizes Lender or I.ender's agents to coUer.t the rents and revenues and hereby dire<xs each tensnt .;_._
<br /> �� � of the Property to pay ttie rents to Lendcr or Lendcr's agents. However,prio�to Lender's nodce to Botrowcr of Borrower's .:<«�-
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<br /> ; brench of aay caveAant or agreament in the Security Insuumen[,Bonower shall collecc and receive aU ren[s and revenues , ,.,. ,.,
<br /> ' � � of the Properry as uustcc for the benefit of L.endet and Bonower. Ttils assignment o[reats constitutes an absolute ��
<br /> assignment and not an assignment for additiona l scc u r iry o n l y ��-`
<br /> - - i If Lender gives nocice of brcuch t�&,���wer:ta�al!r$c•«.recefecd bY�'TM°wer shall be held by Borrower as trustee for ��:--
<br /> `� �.�'����� benefit of Lender only,to be epplled to t he sums secur c d by t h e S e c u d ty I n s u u m e n t;(b) L e n d e r s l�a ll be entitled to collect __
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<br /> and reccive all of the rents of the Property;and(c)each tennnt of the Property ahall pay all renu due aad uapaid to Lender ��.;�_
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<br /> �• or I.ender's agent on Lender's written dema�d to the tenanG
<br /> �'��•i�• �� i Bonower has not eaecuted arry prior assignment of the rents anci has not and will nat perform a�ay act that would prevent
<br /> �n,
<br /> . � L en der from exerrisin g iu ri g hu under this paragraph 17.
<br /> : L,cader shsill n�t be required to emer upon,take control of or mnintain tl�e Property before or afur giving not ice o f _
<br /> breach to Bonower. Howcver, Lendcr or a judkially appointed receiver muy do sa pt any time there is a breach. Any ;.�
<br /> �� a p pllcacion of rents shall aot cure or waive any default or invalidate any other right or remedy of I.ender. This esslBnment
<br /> of renu of the Property shall terminate when[he debt secured by the Securtty Instrumcnt�peld ia fuU.
<br /> 18. Foreciaerre Procedue. If 1.ender requires immed�tte payment in full under paragrapd 9.Lendcr may invoke the
<br /> power of sale and any other reme;cties permicted by applfcable law. Lender shall be endtled to collcet all expensos incurred
<br /> in purauing[he remedies provided in tkils paragraph 16,induding,but not limited to,reasonabk attomeys'fees and costs of
<br /> title evideace.
<br /> If the power of snle is frnoked,Trustee shall recotd a notice of detault ia each county in wlueh any pan of the Property
<br /> is locnted and shall mail copfes of such notice in the manaer prescribed by appllcable law to 8onower and to the other
<br /> porsorss prescribed by applicable law. After the time tcquired by applicable law,Trustee, shall gi++e public noticx of sale to
<br /> the persons and in che maruier pracribed by applicable taw. Trustee,without demand on Borrower,shaU sell the Property
<br /> ' �,� at public auction to the higbest bidder at the t[me and place and under the terms designated in ttYC notice of���p e or �_
<br />, ''��•' more parcek and in any order Truste;e determines. Trustee may postpone sale of all or any parcel of the Pro ublic �_
<br /> . � annouacement at the time and place of any previously schccluled sale. Lender or its d c s ignee may pur c h a s e t h e P ro p e r t y at
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<br />` . : � any sale. --� - ''':
<br /> Upon reccipt of payment of the price bid,Trustee shall deliver to the purchaser Ttustec's deed conveying the Propercy.
<br /> The recitals In the Trustee's deed shell be prima facfe evidence of the truth of the staternents made therein. Trustee shall � ��°"� "'-�-r•
<br /> k apply the ptocceds of the sale ui the followu�g order:(a)to all costs and expenses of exercising the power of sale,and the sale, „� y
<br /> � including ehe paymenc of the Tnu[ee's fees actually incurred,not co cxcecd %of the princtpal :.Y;� :.=r'�''�
<br /> • amount of the note at the:ime of thc decksrauon of default,and reasonable attomeys'tees as permit[ed by law;(b)to all sums .:..`, ti_.:,-
<br /> : securcd by this Security Instrumenr and(c)any excess to the person or persons legaUy entitled to it.
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<br /> : If the Lendcr's interest in this Security Instrument i�held by the Secrctciry and the Secretary requires immediate pa}ment ?:",s^.;;z;f
<br /> in full under pAragraph 9,the Secretary may invoke che nonjudicial power of sale provided in the Single Family Mongage ;'.� . :;•;�_ :
<br /> �; Foreclosure Acx of 1994("Act") (12 U.S.C.3751 et sec. by request(ng a foreclosure comrnLsstoner desse�ntenoe shall de nve •.
<br /> to commence toreclosure and to sell the Properry es provtded in the Act. Nothing in the preceding P , .,
<br /> � thc Secretury of any rights othccwise avallable to a Lcndcr under this paragcaph 18 or applicable law. •
<br />� i 19. Becouvey�nce.Upon payment of all sum5 secured by this Security Instrument,L.ender shall requcst Trustee to
<br /> I reconvey[he Property and ahall surrender this Securiry Inscrument and all noces evideming debt secured by this Securiry
<br /> In��rument to Trustee. Ttustee shaU reoonvey the Propeny without warranry and without ci�rge to the person or persons
<br /> i Icgally entiticd co tt. Such person or persons shall pay any recordation wscs. - -- -----
<br /> 20. Substltute Trrstee. L.endcr,at iu opcion,may from time to timc rcmove 1'rusccc and appoint a sucoessor tcustee �
<br /> , � to any Trustcc appointed hcreunder by un instrument recorded in the counry in wh[ch tlils Security Instrument is rcoorded. f
<br /> ' Without wnvcyanoc af thc Propercy,the suwcssor trustec shuU suaccd to all thc titic,powerand duties conferred upon the I
<br />-> ' Trustcc:hcrcin and by uppllcablc law.
<br /> � 21. Rsq�est tor Notj�. BorcoH�cr requcsts tlwt c:opics of the notices of defuult and salc b�:sent to Borrowcr's address ,
<br />- which is the Property nddress.
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<br />— �� N[i8W1.GCA-HIiA lHiHD OK 71tlJSC(fAd) �
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