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<br /> � . 10. R�. Bom�wer has a rlght to be relnstated if Leader Las required �nnediare payment u}fiili . 't: `.'=_:�.
<br />_ . _ �.._. , .r .;._,--
<br /> '. i because of Bomawer's failure to pay an amrnmt dcce under the Note or this Sea�rity tnsmmnent. 'Ihis rigIlt applies ; ,.
<br /> �� i even after forectosun gmveedings are instituted. To reinstate tfte Seauity Instniment. Bormwer shall tender ia a luu�p , , ,,
<br /> _ svm all amaimis required to bring Bottower's accouni cutnnt including,to the e�t they are obligatioas of Borrower . ' • �°.�.
<br /> � na�eer this Security Iastrument. fotoclos�ue costs and teasonable aad a�swmary attomeys' fees and eapenses pioper�y _ _ ,
<br /> r
<br /> .. • � assvciated with the forectosure pmceedins. Upon reiastatement by Borrower. sh'ss Secutity Instrumeat anci the , -
<br /> ,,. :• `s ��°� obligarions thaz it sewres shaU r�nain in effect as if Lender had not required iffinediate payment in fuU. Ho�ever. ` ..,.
<br /> , Lender is not required w permit :einstatem�t if(i) Lender bas aceepied reinstatemeai after the wmmencement of � •, . . . . �
<br /> . • forectoseue pmce�dings within two yea�s immQd�ately precedin$ the co�+•,,P•,M•ment of a current forectosuce
<br /> , �� �. -'
<br /> -:- -- prnceeQin&. C�I}reinstatement an71 pm.ciude frmedos�ne on different grouads in t�e future.or(iu�re�s.�*ar�„�* wy � _,�,
<br /> : adi ecseZp.�the priority of the liea created by ihis Secincity Inst�um�t. ` .. . , �.;;:
<br /> .:' ,'�'.'j tl. °�'� Plat Se3e�sed; Fm6�oe bJ►1�� 1�Loi a Waivea Euension of the dme of paytnent or . .;:':
<br /> ,, �, '..' rnodifirafici�+��;�'�ia�rtuatian of the sums secured by this Sec�ity Insuument granted by L�der m�►y successor in � ;r
<br /> �``i cnterest�of`�-�ll'not op$rate to release the liabiliry of the original Horrower or Bnaower's s�ccessois in , <
<br /> . . a� intssmt. ��xr�s'h�i aat be requized to oommenoe pmceediags against any successor ia iaterest or nfuse to exteud �` ;� ..: :
<br /> � rime for�t�tu�s�i oth�wise modify ataustlration of the sums�red by tbis Security �t by reason of aay . �ti��_ ;.,
<br /> ;�t. '�. detivand ma�c��y the original Bo:coWer.�Horrower's sttscessais �ra,�- Aay forbearance by I.ender In exercisung: :; . S =.
<br /> ���4' ',�.- " � ::apy right or iemedy shall not be a w��.r of,or preciude the ex�of any right or seme�y. .: ` . ,l,�` '��`"
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<br /> "''� ° � . !2. S'ucc�aud As�gas Bauad:Joi��Sev�al I�itg;�e�s- The oovcnants and agr�•�f shns --_
<br /> R _ ,
<br /> � � . • -
<br /> `� �ity Instrument shall bind aad be�fiE thr successors and a�sigus of Lestder aad Bmm�wer,subjecx to tT�..�?�s .
<br /> ' �'��.� ' of paragraph 9(b).Boirower's�covenza�s.a�d agn�ements sLall i�e.�a�i aad sevetal. Aay Borrowet who C��S�s :`
<br /> �� }��;'i..;. Securi Instn�mem bTU does not excsu�°t�e Note: (a)is co-�ga�g flus Se�urity Insaumeut on�y to a�ortpa�,� .. � _
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<br /> ,��°<. :, and�mrey that Borrawer's inteiest m the'Property under the�e'f tms,�Insauta.�nt. N) is ant 1�s a�� , :�: . . r � .��,
<br /> ��Yy `:� t ; T r �
<br /> . .��ligated to pay We swus s�CUred hyt�as Szcuritg Ias�ent; arsrl.,(c�:ag��:�'..�nnder and any other�CZe:sver may ',����w
<br /> .�fi�t'f � , :
<br /> * •,�-_,
<br /> � /•f.' ``�.� '�tp C)ILCAL�s I110�r fr1E�OI.II�SIIJ��IOIIS [�,LL$&Ii�Yt!}�S��LIILS Of�S.SC�.'OZ1Ty�'. 2IIL OI- w,
<br /> ` the Note w�diout tlzat Bonvwer's�nse�t. � : �� •.� `N� `��'
<br /> ,� • , . . ..r_�.� _ -,
<br /> � 13. Natices. Any norice to Bozrower pmvided for in this Secaiiiy Instmment shall be given by delivering it or . .��!
<br /> - �:�by mall�g it by�rst ciass mail antess appiicabte law r�quires tcse o�a�other meihod. The nat�oe shall tse directed to • - t. .-
<br /> �br � .` - � ���t
<br /> ;�.,,,' . :,i=� "Yt�a.Propecty Address or gay other address Bosrower designates by aorice w Lender. Any aotice W Leader shall be
<br />�;:{�,!;� .. ;:,�;;;", given bq�st class ma�to I.ender's address stated herein or aay addness Lender designates by notice to Bormwer.Any ��',;•`� i�'
<br /> •�; ` � ���`;. -:. aotice pmvfc�for in tbis Security Instrunneat sha116e deemed to t�.ce been given w Botrovveer or L'ender whea glvea
<br /> � . . as pmvidod 'ua.this paragrapb. ! �,
<br /> .!5��.; ?4��`. 14. Cuv�hirig Iaw;�. Thia Secauity Ia�etst shsll 6e gavemed by fedecal law and the taw of t� f � ,;�r,::
<br /> jurisdiccion in wluch the Pr±operty is located. In the event that any provis�on ac clause of this Security Instcwanent c�r z '�� b '���;<
<br /> ' �' � the Note oontlicts with sgplirable law.such conflia shall not affect other pro�is�ans of Wia Security insuura�t. or tE�„ .
<br /> :�.� ats .��
<br /> . . -;�4'. Note whIch ctt�be given effect without the conflicdng pmvlsian. To this end the provisions of Qils Securit!v n.^��' • � `-
<br /> !� , ,; : k ..
<br /> z aud the Nate':u:e declared w be severabie. ~'�,
<br /> --- - -- `!` � I5, Bo�mar�'s Capy. Borrower shall 6e giveu one confom��copy of the Note aa4 of this Security tasdtmi�. Y "�"`'�
<br /> . �••-.:
<br /> 16. Saacdaus S�. Borrower shaU not cause or pemnt the presence, use,disPosal.storage. cr cetease o�'�' .��;,;'.: .�
<br /> '�'�F any Hazardous Substaaces on or In the Property. Bonower sha31 aot do.nor allow anyone eise to c2o,anything � �{•� —��
<br /> , �,,:. _ _ .
<br /> . �' . affecdag the Property that is ia vtolatloa of aay Eaviranm�ntal t.aw. 'Itte precediag two senteaces shall not applyto ,�';;:.,.;,'��.i
<br /> s.;;�,
<br /> . ; . , '.-�.s the presence,rue.or storage on the Property of�maU q�antides �n��Ea�rardous Substaaces that are generaliy reco��. . .;s:sr.—.—
<br /> .� to be appm�O�:e w normal nesideatial.uses and ta maimen�aa�� �the Properry. � '.
<br /> e �
<br /> -�'% Borrower sBall pmmptly give l��c wrltten notic�e oY,aur i�mv�scigatioa, cl,a�m,dem�nd, iawsuit or other ac�:.. ��'�, '� --
<br /> � � ' � b ovemmental or ce�alato a5e�cy or priv�ee ,: nm�.� she � and an Hazaidous ,ary,�bstaace ot � '��
<br /> Y�►Y 8 rY P�S. '� � G�, Y ;� '.. _
<br /> .. .__ ��';�� Enviroamgntal Lew of wlush Bomou�r�as acmal'�n��c. �a�:'rowez te�;or is notified bY anF..�r�tal. �, ° , „�,,,�
<br />_� . �.:, or regWatory suthorIty. tl�at any remaval or other remedfatitr.� a'�:a�y Ha7ardoas Substaaces•affeaimS�,�mpertsr Is f: . '_'=-z..cy....._-
<br /> . ' .,:':; necessary.Borrower shall promptly take aU aec�sary remediaY �as�ans ia acoordance wit�Enviconme�eu�•Law. ..�:�� -_-,._;�°~�_
<br /> .�,��-=
<br /> � ' . � � As nsed in this pazagraph 16:"Ha7ardous Substances"aTe thuse sabstmicRS defined ag toxic or hazarda�substances �.�*�,;_
<br /> . '� ° by Environm�ntal Law aad the followbog su6stauces: gasoliae.kemsene.otber fl�mable or to�dc peuotas�q,'�ptaducts. ,�,��,`�_..:_:�:-..-�-_
<br /> : ., wxic pesticides and herbicides, volatile solvents. materiats con,r,�iain8 aal�stos or formatdehyde. and�iadioaaive ;��iT?��T _`
<br /> Pe .. .
<br /> �� . � - • materials: A�s tased in tbis,paragraph 16.'Envimnmental Laar"�ns foderal laas aud laws of the'jwisdicdoa whe�.. .: ' �..'_-
<br /> : � . the Pmp� �s located that relate ta healtb. safety or environ�ral protectton. , r��:'`'�,� . .
<br /> . • . .. � t ', � .
<br /> , ;`,t � NUN-LIMFORM C4V�TiANTS. Borrawer and Lender further oovenaut aud agree as follows: . � � . t�f� . .� -.
<br /> ��i�' . •.- .
<br /> � , . � 17. Assig�s of�te�ta. Borrower unconditlonally assigns and treasfers to LenQer a11 the zents an� revet►ues . ��(t;; .it;,�;.
<br /> zen
<br /> : . of the Ptop:rty. Somower authorizes Lender or I.endor s a�:�to collect the rents and tevenues and hereby direc�s. , °.;., ... -
<br /> °r Y
<br /> - . ` esch tenaat of tlie Property to pay the rents to Leader c'r ��r's agents. However, �aiicrr to Lender's notice ar�� , : ..'
<br /> � Bormwer ofBorrower's breacb ofenycovenant or.�v��c��¢ashe Securtty!��•,,me�±,. i�armwer s�a!]�collect�r3! �:°�:,':�, �•��"�,' ., ..:�..�;.:i.. ,`.... .,
<br /> ; , reseive all renta aad tevenues of We Property a9 tciuis:�e r���ene6t of 1Rnder and Borro�er. 't�i;�� ��'�•aE . : .' � i�:,.,,,, .. , .
<br /> : t
<br /> � .. . . reats wnstitutes aa abeoIute assigameat and aot �m�-� for additional securiry on2y. �. , ,. ,{', ..: ..
<br /> .. . if Leader gives notice of brea+eh w Bumnwer: (a) a11�; �ceived by Bmmwer shall be held by tBorrower�� � ' •
<br /> - � trustee foi benefit of L�ader onty,to be applied to the s�mns s�ed by the Security Inswment; (b)1.ender shaU b;.
<br /> = enrided to coUect aad receive ail of the rents of the Propec[y;�and(c)each tenant of the PropeRy shaU pay a11 renss
<br /> '� � : due and unpaid to Lender or Le�ader's agent oa Lender's written demaad to the tenant. � �� . �
<br /> t ;..:.. ..., . :�...:.:
<br /> - � . , Borrowet has uot executed any prior assigament of the rents and has not and will not perform any act that wuutd ' �� �..
<br /> - p�t I.�der from exercising its r�gbts under this paragapb 17. _ � :'::,s
<br /> , . Lender shall uot be required to enter upon,take oontrol of or maintain the Property befora o:after glvIng notise� .. ::';)l;ti'a:,?`
<br />=- ' ' of breacb co Horrower. However,Leader or a judicially appointod receiver may do so at any time there Is a breacbl� , �1%'`��� �
<br /> . � L�A�FHfl DB�QP 9RUS'j' � -- -- � . �
<br /> , , i m« ss�m,n.mc.iwm ess�� Page 4 of 6 ' ..
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