|
_ . -•+�,. . ._ .. � ...�, , . .�r��. ...
<br /> � r � , - . i.. r.,�a.,..+�a.�te+t . .. �
<br /> � ..�.�.��1. !N- .......�...
<br /> ��.ii,' ' •• . . - .
<br /> . +�y _.
<br /> ��r,..�•yn.. -:..�
<br /> _.�v��.. - `,.:�•.�`tnt. . :ti.' '•c.vwr��.. -='.�.wl.:.�:;n._�__e-��. d�h( ._
<br /> _ .._. ._._,_._ ... . - -
<br /> . ___c.�.�. ._.,--"� ��-- - � - ---- --
<br /> �_._..�'—'�-„-. - .:.,.
<br /> ..� •v..+��1 �;e"1��}�4'3i ..e. �- .,. . ...._..
<br /> ..._..,,._ ..� . ,._...�.,�
<br /> �
<br /> ,__ � ..--.�--����
<br />-._c:5"_:-. . .._ ���e�.c.:..v..�..�:..:.�,�"--,::�-.�-�,�._ ....--___....__ _.
<br /> • aonlKatl with�ppNc�bM Mw, suoh oontibt ehtll nol aHpol othtr provlabns ot thie SecurRy Inatrum�+it or th� Not�whbh e�n b�
<br /> pN1n �fNCt wkhout Ih� aonHfctinp provisbn.To Ihl9 and Ihe provislona of lhis SecurNy Instrument and ths Not� ar� d�owr�d to —
<br /> b���v1r1bM.
<br /> '1 b.BOfPOWO�'e Ci0(�y.BOrrowN ahall b�ptv�n on�COnformYd oopy ot th� Nol�end ol lhl�S�curky lnatromwtt.
<br /> 16. Nuardoui SUbiU1140�. BortowK sh�ll nol ca�� or pormit th� pns�ncs, uRe, d�posai, stoap�, or nhat� 01�
<br /> any Hutrdous Subet�nC�t on or h th� Prop�rly 8ortow�r shall eot do, nor �Ibw �nyon� �b� to do, �nythhp�fNathy thsy
<br /> prop�ty lhat ia h vbktbn of �ny Environr�wntal Law. Tho prccodinp h�ro sCntencoa ahnn not nppy tn the proa�nc�, us�, or' �
<br /> sta�p�on th� Propaty ol srrwN qu�ntNMs of H�urdaue Substanca that ar� p�n�raAy naopnWd to b� approprkt�to �omMl �
<br /> rbldstilYl ut�s�nd t0 rnaht�mnCe o}th�PropeRy.
<br /> ��„� ��q �p�ptfj QR�e �••tc�r �rfri!n not�•ot mv invsatlpttbn, otnM, dKntnd, kwsuk or oth�r �atbn by �ny
<br /> Qovsmnw►LI or npulatory�penoy or prNatY pulY fnvoNhp th�Prop�rty and 4ny Ha7ardous Subttance or Environm�ful l.sw ot
<br /> whbh BoROVrK hse �otua� knowbdp�• If 8ortoww Mam�, ar Is notified by any yovemmental or rspuletory authorky,that�ny
<br /> nmoviJ or oth�r rwn�di�tbn ol u►y Haurdous Subsmncas eMeatinp the Property Is necesury. Borrowa ehaN promply t�k,�aM
<br /> n�c�sary r�d�l actbna h accord�na wkh EnvkonrtNntal I.aw•
<br /> As us�d(n thte panpr�ph 16, "Haurdous Substanus" ue those eubatanCes d�fhsd ss tozk: or huerdous ButlstMan by
<br /> Enyirorun�nttl L�w and th� tolbwhp subatancea: pASOAn�, kerosene, othor flartrn�bb or toz� petrotsum pradualp, taxic
<br /> plttblda and hKbbidos,vo4tYe sohrente, matir4ls cont�hMp asbestos ar formaldahyde,and radb�otHe mAtaialf. I\9 u6ad in ,
<br /> th1 parpraph 18, "Envfronmentil Law" m�ans hdw�� laws and kw8 01 th6 Jurfsdbtbn whera the Proporty is Woitod that nkte
<br /> ta h�alh, a�Nty or�nvYonmenul protactbn.
<br /> NON-UNIFOFNA COVENANT3.Bortower and Lender turth6r oovendni IInd-eprse fl5 foNows: ---�
<br /> 17. Assipnment ot Ftenta. Borrower uncondkbnaly asslpns end transfers to Lender na the rents n►d rswnws of the
<br /> PropMt�.Borrow�►authorl:is La�d�r or Lsndora a9onts to aoNaot the ronts end revenues and hereby dkects wah t�ntnt 61 th�
<br /> Prop�ry to pay th�rent6 to Lender or Lsnders agsnts.However,prio►to lenders notice to Borcowa ol Boaawwa brsaoh Ot
<br /> my cownant or apr�srnmt in the Sxurity InsWment, Borrower shell colbr,t and roceMe a11 rents and re�i9nues of th�Property
<br /> �s trusba tor tha bsnsfit of Lender and Bortower. Thls assipnment oi rents constltutos an absoluta asslpnment and not an
<br /> �ssipnment lor addNbnal securRyr ony.
<br /> �}��r plves notke of 6raach to Borrower: (a) on rents recelved by Borrower shall be held by Bortower�s wstM for
<br /> bmmfd of Lender ony, to be appliod to the sums secured by the Security Instrume�t; (h)Lender shaU be ontkied to coNaot and
<br /> ncehre�It of ths rents of the Property, and (c) aach tenant of the Property shell pay aU r�nts dus and unpaid to L.�ndK or
<br /> • Undeft apent on Lonaefs writts�ciem+u�i,iu i��e tsrtarst.
<br /> Barower has not executad any prbr asslynment of the rents and haL not and wUl not peAorm�tny�ct that would privent
<br /> Under lrom axucishp ks rfphts under this Parapr�ph 17.
<br /> Und�r thtM not bs roqufrod to enter upon,uks aontrol of or mahtah the Proparty betore or aftK pHinp nottc� of br�s�ch to
<br /> Borrow�r. Howw�r�L�ndK ar�Judf�kNy �ppohted nceMer may do ao at any tims thKe fs a brs�ch. My�ppNCatbn of nnb
<br /> ' ehaN not cure or walw any det4uk or hvaNdate any oth�r rqht or remedy of Lender.This asslpnment of ronts of the Property
<br /> fichaM trmki�t�wh�n the deht necurad by th�S�curiqr Instrumont �s paid h tull.
<br /> � 1!. Foreelosure Procedure. tf Lender requtres Immediste payment in full under Paragrsph 9�
<br /> :; Lender may invoke tha power ot sale end eny other remedtes permitted by �pplieeble law.
<br /> t Lender ehsdl be �ntitled to collect ell expenses Ineurred in purautn� the remedles provlded in
<br /> =i thls Par�p�aph 18, tncludin�, but not Ilmited W, reasonable attorneya' tees and costs ot title
<br /> � evidence.
<br /> � B t� power ot ple I� Invoked, Tru�tee thall reaard a notice ot default In eaah county In
<br /> whtch any p�►t of the Property ts located and ahail m�il copies oi awoh noxice in th�i�a�� _
<br /> � preacrib�d by epplicsbls I�w to Borrower end to the other persona prescrtbed by �pp
<br /> ARer the Ume rsqulre�d by applTceble law,Truttee shall give public noUce of oale W th�perans
<br /> m�i in thte nii�jFi�r prescri�Ed �y app!lar.�te !ew. Tr�+st�e, without demand on Sorrower� �il seil _
<br /> the Property at pubita euatton to the highest bldder at tF�e time e�d place end ur+der ths terms
<br /> desiynated in the nottce of �ale in one er more parcela end in eny order Trustee determines.
<br /> Truitee may postpone aate ot all or eny qercel oi the Property by pubUc announcement �t the
<br /> � Ume and ptaae of any prevtously schedul8d sate. Lender or its dca�gnee msy Rurchase the
<br /> Property et eny aale.
<br /> Upon receipt of payment oi the price bid, Trustee ahall deliver to the purchaser Trustae'a
<br /> deod con�eyinQ the Property. The recitels In the Trustee's deed shall be prime faate evidence of
<br /> � the U�uth of the eUitemenb made theretn. Trustee shall apply the prooreds of the sals in the
<br /> followtnq ordar: (�) to ell coats end expenses of exeroldnp the powe� of sAte, end the tale,
<br /> � Inotudln� the psyment ot the T�ustee'a teea actually Incurred, not to exceed 3 %
<br /> of the prinaipel emount of the note et the time ot the declaratlon of deteult, �nd re�aoneble
<br /> -'` �ttorneya' feee aa permitted by law; (b) to ell sums secured by this Securiry Instrument; snd (c)
<br />_ my excep to the pe�eo� or peraons I�gally entitled to It.
<br /> I}the Lender's tnter�st in this Secu�ity Inatrumen4 tu held by the Secretr�ry mnd the Secretery
<br /> require� immedtate payment in full under Paragraph 9, the Secretary mey Invoke the nonjudictal
<br />_ . powe� of eale provided In the Single Famfty Mort�age Fnrectosure Act of 1994 ("Act") (12 U.S.C.
<br /> . 3761 s��.) by requesttn� a forecloaure commtssloner destgneted under the Act tn aommence
<br /> breclowre and to seil the Propertyr as provtaea in tne i►at. iVOLiling in sitc p�oaaa'iiy Kt�lGt�4Q
<br /> ahal!dep�Ive the Seeretery of any rights otherwise available to a Lender under thfs Pereprt�ph 18
<br />— or ep�ltcable law.
<br /> is. Reconveyance. Upon payment of all sums 5ecured by thls Security Instrument, Lender shnli request Trustee to
<br /> recomey the PropeRy and 8hali surtende� this Securdy Instrument and all noted evldencinp debt secured by this Securky _.
<br />- InStNment to Trusted.Trustee shail reconvey the Property without w8rrflnty and without charge to tho person or pereons 1ep811y
<br /> entkbd to k. SuCh porson or persons shall pay any recordatbn costs, -
<br />=y
<br /> �' Fan�au,+o pro�1 Pag�a ol 6
<br /> esa
<br />
|