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<br /> ' ! conilbts wNh wpplWebli IoW,SuCh COnilbi shp���h s�end`thehp�o�onGO ot hu Seeue tYrhstr menteand ihe No e`a e daClaredbo �"-
<br /> � plv�n�Mept wRhout th� oon��ctlnp provision. To t �•--��
<br /> ! be sw�ebN.
<br /> 15. eorrower's Copy. Borrower sha��bo qNe^ rne contormed copy a1 the Note antl o1 th�s Security Instrumenl. _ _
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<br /> 1d. Haz�►dOU• Substenaes. BorrOwer SAall nOl Ceu69 or pe�md lh9 preSen[e, use, d�sposa6 storaye, or rotease o� �__,
<br /> any Nn���doun Substances on or in tho Propeny. Borrower snan not do, nor nuow anyone else to do,anythinq aflYethO �ho �,.'y
<br />" • p�pp�ty thal I� In vblatbn o1 d�Yu nt�3 01 HarardoushSubsances lhat arenpenera�ry►eCOfl��tivo batapppoprl�t�tounormal _
<br /> % •'�'j� � stony� on th� PropNtY ol 6mt Q =_ .
<br /> ro�ld�ntyl ub�s and to rn�ntsnanc� ol lhs PropeRy.
<br /> +*���. � 9ortow�r sh�ll promply Ok� L�ndM wrine� not�c� of any hvestyapon, cbkn. demand, �aweu�t or othar aotbn by eny
<br /> ' povemmsntal or rsyul�tory�oenoY or prwate partY tnval�h9 ►he Property nnd any Hewraous Substence or Environmenl�l Lew o�
<br /> � . � � I whbh BoROwer hes sctu9l knowledqe. It Bartower learns, or is notified by nny governmental or repuWtory autharity, thet a�Y —
<br /> removal or Othe� remed�etbn of any HaiarOOUS Substences attoct�g the PropenY is necessary. BorrOwe�she��prompty tflke flll
<br /> � neteSS�ry rem6dH�att�ons in atCOrddnce with Env'ronment8l Law.
<br />- ' ' ' As used �n tnis parag�aph 16, "Ma:ardous Substances" a�e lhose substances detned as loxic or hnmrdous substances by
<br /> Environmenrnl Law and Ihe follownp SubstanCes: gasolme, kerosene, other tlammable �r toxic petroleum products, toxic
<br />_ , _ pestbides and herb^�de�mental Lflwe mearruteederal laws and 13wsso}Sthe Jurlsd'deonYdwhe e th9dPtoperlY Is�tb a'ted that6rob o
<br />•'6#':, thi pareyraph 16, E
<br />_"` " t0 haaRh,3C�8ty 0�envkanmentel proteCCWn.
<br /> , NON•UNIFORM COVENANTS.Bottower and Lender turther covenant and ayree as folbws:
<br />_ . 17. Asaignment of Renta. BoRO ers a entstbo co���he ren 5 and re enu seendr hereby d eats eaoh�a�af�he
<br />_:. Property Borrowar authai�es Lender or Lend G
<br /> Property to paY the renls to Lender ot Lenders agents. Howover, prior to Lender's notfce to Borrower of Bortowers brench o
<br />_ � any covenant or aqreement n the �naY BoSfowB�n This rassgnmen't ot1e�tsnco 5ta tes Ian bsolutef essqnmer t tand not�a
<br />.ti�. �r as trustee tor the beneN of Lende
<br />�;r,S�` � asslgnment for additbnal security onty. Borcower ns trustee for
<br />_'�'��� �}�er,der gwes not�ce of breflch t0 Borrower. (8) ell rent5 recenred by Borrower shell be held by
<br />-:i,.,,,
<br /> ,�,c;•: ..+t�• � benet�of Lender only. to�e aPP��ed to the sums secured by the 5ecurity InstrumenL(b)Lender shun be ent�t�ed to Collect a�
<br /> ��° ' racalva nll of the rents of the Property; and (c) each tenant ot the Property shall pay ell rents due and unpaid to Lender ur
<br />_,,..�.,a,-�u�.,n °
<br /> �,ti;�_�;, • .,,�, Lenders a�ent on Lenders wr'Rten demand to the tenant.
<br /> '!�•- BOROVre►hi►s not exeCUted any Prior a5s�gnment of the rents and has not and will not pe�lorm any aCt that would preve�t
<br />�t'��,'�.rY: �ender hpm exerolshq Ns�ights under thl5 Paragraph 17.
<br /> ,- .;,:�:a.,
<br /> '.,�r;;°• ;�. Lander shail not be requireC to enter upon,take control of or maNtein the PropeAy betore or after plvfny notlC��obn rof rents
<br />���'�+��s��- BOROw6�. HOw6Y6�.Lendar or a Judfciaily eppohted receNer may do so at any time Ihere is a breach.Any app
<br />��:y:
<br /> __n,,{�,. '� shaH not cure or waive any default or invafidate any otner rght or remedy of Lender. This assqnment of rents of the Property
<br /> �„�LYe��, 8ha11 tefmini►to when the debt seCUred by the SeCUrity Instrument is paid n hi��•
<br /> --iw*'`'-�� 18. Foreclosure Prccedure. If Lender �equires immediate payment in full under P'ic bleplaw.
<br /> —__.v����'-.f7C�!��
<br /> Lender may invoke the power oi sele and any other remedles permitted y eqP
<br /> �'">��` Lender ahall be entitted to coitect atl expenses incurred in pursuing the remedies provided in
<br /> �� thla Peregreph 18, including, but not limited to, reasoneble ettorneya' fees and costs ot title
<br /> ---� evidence.
<br /> _=�' If the power of sale la invoked, Truatee shatl record a �otice of defnult in eech county in
<br /> - - --"�.� which any pert ot the Property la located and ahail mail copies ot auch notice in ti cable lew.
<br /> -- _ ' prescribed b y appincable law to Bo�rower and to the other peraona prescribed by epp
<br /> = After the time reqw�red by epplicable law, T�uatee sheli give pubi ic no tice of sale to the�pai�0�11
<br /> -T-�-9-�_=� and in the manner prescribed by app�icabie law. Trustee, without demand on Borrower,
<br /> the Property et public euctfon to the highest bidder at the time and place end under the terms
<br /> -__-- deaignated U the notice of sale in one or more parcels end In eny uaac ennou cement et he
<br /> - Truatee mey poetpone sale of atl or any percel of the Property by p urchaso the
<br /> ••�-- �e. time end pleae of eny prevfously scheduled sale. �ender or its designee may p
<br /> _--�'''°_ Property at eny a�le.
<br /> ---"�`�� Upon receipt of peyment of the price bid, Trustee sha11 deliver to the purcheaer Truatee'a
<br /> -°,��a��� deed conveying the Property. The recitals in the T�ustee's dei d the ip oceerds of the esa ee in the
<br /> �`-=- '� � the Vuth of the atetements made thereln. Trustee ahall epp Y
<br /> �`V==�+= following orde�: (e� to all costs and expenses of exercisi�g the power of sale, and the aa�e�,
<br /> -lu;::r, :. 's .
<br /> :-;�. �~•� : : �,; IncludMg the peyment ot the T�ustee's tees actueliy incurred, ne�t to exceed
<br /> , ` �`'�'' ;�:;I of the prineipal amount of the note at the time of the declnration of detault, and reaaonebla
<br /> • attorneys' fees as permttted by law; (b) to all sums secured by this Security Instrument; and (a)
<br /> a�_.�_ any excesa to the pe�son or persons legaily entitled to it.
<br /> ,-r, . It the Lender's interest in this S under Parar r pht9�SthelS cretarysmay n okethe nonjudi lel
<br /> requirea immedlate payment in fuil 9 12 U.S.C.
<br /> •�rti� ` ower of s�le provided In the Sinyle Family Mortgage Foreclosure Act of 1994 ("Aet") (
<br /> � ��-.�_�_._ P . _. _:.., ti� .p��esttna a foreclosure commissioner designated under the Act to commence
<br /> ' — �..� •., --�-- .. ...-- '-
<br /> .a.� �....itnn awnte�lCE
<br /> ,_. .�,......-- -f,i ora� c� �v - "
<br /> ' "' � toreclosu e end to aell the Property es provided in the Act. nommy ��� •��o ;.•----•••. --� -
<br /> ��� � �� i shall deprtve the Secretary of any rights otherwise available to a Lender under this Paregreph 18
<br /> - . . • ` or eppliceble law.
<br /> 18. Reconveyance. Upon payment of all sums seCUred by this Securdy Instrument. Lende+ Shall request Trustee to
<br /> , reCOnvey the Prope�y and shnll suRendsr thfs Security Instrument and all noted evidenci�g debt seCUred by this S2CUrity
<br /> Instrument to Trustee.Trustee shni�reconvey the Property without warranty and wAhout charge to lhe person or persons lega�ly
<br /> �' entttled to it. Such pOrson or persons shall pay any recordat�on r,osts.
<br /> . � vaqe n o�5
<br /> , .. �� F5lt9.LMA 10/91)
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