|
��• . `Sf('.! . . ..a.-�_ . . � �.
<br /> r i '.�.G.___.
<br /> '_—_T—r- . ._. . _''_ ' _' ' __"--'— __-_.__.—_._
<br /> .. ' - ` ' . : �, . ls_.._.�..�__� ..+.�., k —._. _ .. .. . _�s—�......._ ___� ._..__... _. ..._. .�. _,..._._. . .. . . _ . r _. . . :`� ... .'.. � t
<br /> �
<br /> . � ;� . 9�'�� ,(_,
<br /> : ' ; z� 10. R�tat�. 8orroA�er has a right to be reinstatdd if Lender has required immediaze payment� ° . .
<br /> •��.t ': because of Horrawer's faibue to pay an amoimt dne wzder the Natc or this Security Iastnuuent. T h i s ri g t it app Iies • ` ,... � ,
<br /> • ° evea after foredosure proceedings are institnted. To ceinstate the Security Instn�ment. 8orrower shail tender in a lump � ,
<br /> � ' , � sum a11 amounts mquired ta bring Earrower's acoount current including,to the extent they are abligations of Borrower
<br /> ' �..t under this Sec�uity Instrument. forecIosurc oosts aad reasonab2e'and customary attomeys'.fees an�expenses pmperly .. ' � � . ,
<br /> , ' " t assaciated witb the foreciosure proceeding. Upon reinstatement by Borrower. this Security Instrument and the , .
<br />_ ,. ' �� obligations that it s�s shall remain in effect as if Ledder had not required Immediate paymeat in ful1. However. � � .` , .
<br /> . � I.eader is not requind to permit reinstacement if:(i) Lscder has accepted ceinstatement after[he commencemeat ef •
<br /> � foreciosum pmoeedings witbin two years imn'-ediately preceding the comraenc�ent of a current foreclosure `.
<br /> --,---�,_=�`=�. ? proceeding. (ii)reinstatement w�71 preclude foreclas�re on different grounds ia the future.or(iii) reinstatement wiU - - -
<br /> , advecsely affect the priority of the lien�ceated by this Security Instmment. _ � '
<br /> � 11. Bmmwa Not Ret�ed: Fo�nce Dy 1-�der Nat a@I►aiver. Excension of the ame of payment or ' .
<br /> � s modification�of amortization of the sums secured by this Security Instmmeat gianied by Leader w any successor in ' � • ,. '. ';
<br /> t iaterest of Bormwer shall noi aperate to release the 1iaDility of the originai Bormwer or Borrower'� successors in ' `=---°-
<br /> , interest. l.ender shall not be required to wmmence praceedings against any successor in intetest or refuse•to extend = _
<br /> '- ;z time for payment or otherwise modify am�n'uation of the sums secured by tLia,�.ttig+ Insm�ment by teason of anY . �°,<<:; .::J'�::�
<br /> . - :,, demand made bythe original Bomnwer vr'$omnwer's successors•3aaiteres[. A�z,�f�ezran� fi�I.ender in exercising . ; _.;'�:�w�;:-'.;
<br /> any right or remedy shall not he a waiver of or preclude the exe�5e of an}� ci��r ie��+:.�`; � . ' `
<br /> ' .�:� 12. Saoo�sso�s�si Assigos Houa�Joim��veta!liah�itY:Co-Sigu�c�s, 'L�covenants and agreem�ts of this _ � j_ �:
<br /> s oi .-„ �
<br /> . "s:� �rity Instr�ment shall bind aad benefit the success4s�a.eid assiga�of Leadesr�,;.$orrower,'subject to the provisions ,;:s`>.�:. -
<br /> . ,�..�.
<br /> .. �.x mC�atagraph 9(b)-Borrowec's rovenaats and agreenaect�'�h2U be ioint and secs�al. Any Borrower aho casigns this � ,.�••:.�.°f-
<br /> . .;;, '. �urity Insuwnent hut daes not execute the Nate: (aY����S�ry �t.r�nly to morcgage,grant --
<br /> , � aEd convey that Horrower's intecest in the Property �..�t��s�if this Secarity Instrumei�: (b) is not personallY °f°' � ---_
<br />' iYt�'.igated w pay the s�uas secured by this Sec�uity i,+�e��,c��.ic).agrees tliat Leader and ar►y oth� Ba�wer may `�i�l�'� _�:
<br /> . a�e to extend,modify.forbear or make any accorn�o,��i�s:'M=:D regard co t�e tecros of this S�arits��ge�►t or J ���� �j
<br /> . .� J . � Note withaut Wat Bprrower's conseu� ' . � • < ,ta, �;.
<br /> :��_, _
<br /> f,':,;� 13. Idoaae�: Any nfluoe to Bornower provided for in 1t�is,Saar�ty Insuuct� shall be#��en by��8 ii or �^ —_ .�v'-
<br /> • ��,� . ' ` � �.
<br /> . by mailing it b�.fust class mail unless applicablP taw requires u�e e�c.nother �t�,od. Tke ciu�cx�batl b:directed to , r _�
<br /> ,. :'. . ..:. �,
<br /> , the Propecey Address or aay other addzess Bormwer designates G.�Qoase to Le��r..Aaj-.acs�:,ap I.e��r shaU be ,� .:' ;. _T�
<br /> ` �y. �n' f f giti,en by fizst cla�s mail to Lender's address stated herein or aay address Leader�i�fates 8y�•�a�.m��ver. Any ,•r, = °
<br /> � ` '
<br /> �' �:;�� ' r ::� mouce provided for in this Security•Iasuwnent shaU tre deenled to have bcen giv�to Eorm�:�r+�L�'�s�a giveu .:`�"°
<br /> ��'� , ,�,i`` "� as pmvided in Wis ParagaPh• � � � ��. _-
<br /> • �v. 14. Gave�aing l.aw;Severability. "�Seaui�y �astrumenc s�alt be govemed by federaG ��2Ad��w of the -
<br /> .J�`�
<br /> o:`,� r:�. � � . a+uisdiaion in whic8 the Propeny is io�ed. tn the re�t that any pmvisIon or clause of c�.s��l�ix"st.�eat or --=
<br /> '�;�; �.Note contliccs wi�b applicable law.su�eont2ia.sh�uot affecx other pmvisions of this Se.��t��.Or the <<,; "� _.
<br /> !�"` � ' Y ?�,�t,e which can be given effect without the conflla}ag�rovision. To this eud the pmvisions of tfii'rs Secarity�Ia�uuient �:���'.ti�t��►��1=
<br /> i';� , ien . ��„ � �:.,,.. -
<br /> ` . . ',-.�;; � aud the Note are dociared to be severable. � . � ; `f _ -
<br /> -- - --- `::';F 1�. Ba�wa's Oopy. Borrower shall be given oae wnfonoaed oopy of the Note and ofdzis Security Insuument. . • ' • ---_
<br /> ': % 16. H�rdous Sobstanoea. Borrower shall not cause ar permit the preseace. use,dispa�,stoiage.or release of ,' •: . -
<br /> .. �:�
<br /> ,,,jf any Ha�ardous Substances on or ia the Property. Borrower shaU not do, nor allow anyone else to do, anythtng = _
<br /> ,�:�.=`;.�.� ..� -�� � affecsiag the Property that is in violadon of any EnviroAmeatal Law. 'Ihe preceding two sentences shall not apPIY to ,�.� �=-=T
<br /> �,���R . .�.�.
<br /> ``' ;t:?f ;,:� the preseace. use,or atorage oa the Property of small quantities af Hazardous Substances that arc geaeraUy recop,n�zed �—`
<br /> ,�-.�:.
<br /> � , , '°'';� to be appropriate to aonaal residentia! uses and to maintenance of the Ptogerty. •� . —
<br /> .2..� .
<br /> � gorrower sha11 pmmpdg give Lender written notice o f aay iavesti g az ion, c laim,d e z n a Q.d.� i�a!sui t or o t h e r a c t i o n .
<br />- '•,�;, � :..�.; b�any guvemmgntal or regulatory ageacy or prlvzte party involving the Property and aay�^�.r.zt3ous Substanoe or _ .
<br /> ��f�/,;R?'':� . � � �� tr . tE�vironmental Law of wtuch Borrower has actual knowiedge. If Horrower leams, or is notifi�`.�s e��r�ri�amental� -": —�
<br /> _ '����{Y-�l'%�'�•,: : � > � ..
<br /> � s 4t, �. :•> { ,�r�szgulawry authoriry. that any removal or other s�iation of any Ha7ardous Snbs�auuces �n�i�L�perty is �,:'<��
<br /> �, ° � � �;:;,�S necessary, Barroaec shall promptly take aU aecessary remedial actIons in accordance with�€;�.����Y.aw. , ...-:�
<br /> -� ,_,., • -
<br /> �, �;�'; � , As us�z�this paragraph 16."Hazardous Substances"are those substances defined as tor�:r:-9r}Ux'zardous substances:�.;� _ -�"=��
<br /> ��,�,: � " by Envimnmenta! Law azd r�e following substances: gasoline.kerosene.other flamn�able ot'vst�:�eetroi�a.pmducts. . ��b • "' —
<br /> tr
<br /> ���.< .. � p � g �;�''=y �A�A,r
<br /> , ,�;.w, � � toxic esticides.�ad herbi�,::dQS, volatile solvenu. materials containin asbesros or form�.x�..: de, a�rT.:adioactive • . +�
<br /> "•�� . �':� ' materials. As used in this garagrapb•16,"Environmental Law"means federal laws aad taws'��.i�e jwisdiction where
<br /> . � ... We Property is located that relate to hEa31h, safery or env'uoaaa:ntal protectioa. . � : ::;'�,
<br /> - . . , �`� •���
<br /> ;'f.�. .. • . -
<br /> - . . NON-UNIFORM COVENANTS, BarroRer and I.�tder fiuther covenant and asree as6;�� ,.�.�s:•
<br /> -'# ' . . ' .'.; 17. Ars3� of[teats. Bonawer uncoadiii��l3y assigns and uansfe�s t,a �.etid�����T:�e rents a:�sevennes ':'... � . �.
<br /> : ' . � of the Property. Borrower au�horizes 1,eader or'�ai.r's agenu to wllect the cenu aad r�7:�:nes'and @�iy directs '��P;,� � ',.�:
<br /> ,"����x''
<br /> � . each tenant of the Property to pa3��e reats to Lender or Ixader's agents. However. p;ti:�:c to I.ender's notice w � �t,ti,,,t, .
<br /> �' • ��irower ahall collect and'. : .' �-..
<br /> ' Borrower of Bomower s breach of r.�y c,rr+enant or ag�emeat in�the Sewrity Jnstrum�a, . .• �•,.,•1. . •
<br /> - ; , '{. receive all rents and revemues of the Pra eny as tcustee for the 6enefit of Leader aad Ba�tsrt�r. This asstgnment of �;';,,, f :
<br /> ; . P 1�,}s��;,.. .
<br /> - `'��''`�'� renu constitutes an absolw�: assigmnent ansf not ats assigament for additlo�al securiry Qa1y. . �
<br /> •�::Z�.:'., ��tr°�::'� ..
<br /> -+�„ � If Lender gives notir� of breach to Borrower: (a) all rents recei�ed by Bortm�er s�1l�be hetd by Hotrower as � ;�i'`
<br /> tn�stee for benefit of Lender on3y.co be applted to��he surn�securdd by�he Security Insuuuvmis��(b1 ixnder shall be . . �
<br /> w.. • entitled to collect and reeeive all�of the rants of We Ptapeny; aad(a)each teaans��of�tYt� Pto�rty shall pay all rents
<br /> _ � � due aad unpaid to Leuder or Leader's agen�on�Leuder's writtcn dermnd�to��h�teaa�at,�
<br /> ��.�; ' � Boao�ver�has aot executed any prior assignment of the rents aad h2s rtoi art�J�will aot perfom► any act that would .
<br /> - � ' prevent Lender from exercising its rig&ts�uader this paragraph 17. __. . .
<br /> � Lender shall not be required to eatcr�upon,take wntrol of or�maintain the Propeny beforc or after giviagnotice .
<br /> } of breach to Boaower. However. L�nd�r or a judicially appointed receiver may do so at any time there is a breach. • ; • �
<br /> e � RAS!{A-Ii}IA DPED OF 18US1' � . : ---,
<br /> oo:v:r.+ s>�mr�.it�eoo�w¢iw�: Page 4 of 6
<br /> _�. . ! .
<br /> {
<br /> - . ----� �.:_—____ _
<br /> ;;} � .
<br /> -t� . .
<br /> M f
<br />..-i::�... � . •.
<br />
|