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<br /> 1(1� R�atst�o��. Borrower hw� ■ right to�rcln�tated it Lendcr h�u royulrod I��edi�tc p�ym
<br /> '�� �� bccauaa�t&�rrower'e fallurc to pay an amount du�undcr thc NUte ar thle Sw:urity lastrumcnt. This rlghc epplte�
<br /> -�.<��.
<br /> '- �- '• even a[ter[ar�cl�nure procadings arc lnsttwu:d. To nlastete the Secndty Uu►uumeat.Borrower Rhnil tender tn a amp _.,-
<br /> ";r:,,;•.; . sum all amounua rcqulcod to briag Bottowet's ac�oouat curnat lacluding,to tho w�tent they are obll�ttarts of Barn�wer
<br />`T•`��'�� under thts►Securlty Instrumeat,fareclo�ure oosts utd reasonable and customary�ttorneyi'fas and acpenses properly
<br /> � � assoclat�d with the foreclosure proc�eeding. Upon reinstatemeat by Borr�wer� this Socurlty Instrument and the
<br />����=���� obUgaUons Wat it secures shaU rcmain in e[toct a iiLeAder bb aot required immedi�te psyaient ia iWl. Howe�+ar� c
<br /> ;;•�_,,,;,�� L,en�icr is not cequircd to permit rein�tn�ement it(i)Lender has e�cepted reinstatement atter the cnmmencement af
<br /> — foreclosure praoeeding� wlthin two years tmmedi�tely Pr°°edl°� tbe °°°uneaaemeat of a current fareclosure
<br /> .,�-,,,;� prooeedtng,(ii)reinstatement will precluda fareclosuce on digerent g�rounds in the Puture,or(tii)r�instatement wW
<br /> -- adversety a(toct the pBoriry�f the Uen cretted by t�Socur�lY Iastru��na ont or
<br /> �;<<<� � 11. Horm�er 1Vot Rde�nod: P�xba��h � �• w�' �enslon of tho time of paym
<br />-�:�.'`� modiflcatlon of amortlzation of the sums secw'ed by th3s Secarjty Insuument granted by Lendar to any suooessor i�►
<br />``='�'� '' intcrest of Banower shall not operate to release tlie 1iab11iry of the odginal Bonawer or Borrower's auacessars in —
<br />_,�„ - � t an suooessor in interest or refuse to extead
<br /> iateres� Lender shail not bcs required to oommenc�praaoedingS Agalna Y���ty���ent by reason of any
<br />��-'_�� titne for payment or ott�crwdsa modify amortization of the sums secored bY
<br />�°""�- demand made by We origin�l8ortower or Borrox�ei's auooessors in Intcres� AnY forbearanao by I.ender in excrdsing
<br /> ��'� any rlght or remedy ahall not be a waiver of or preclude the eacercLse of aay rlgh,j,�t er�tem�Y��d agreements of this
<br /> 12. S�oowcx��Atdps Hoa�O:Jolu aad S�tta�l IJsMUtr Oo-S�ip�ea.
<br /> Securlty Instrument shall bind and benefit We suoo�ssors aad assigas of Lender and Borrower,subject to the pmvlsions
<br /> .�.�-_---— oY paragcaph 9(b). Aorrower's covenauts and agree�re�►as sha116e joint and seve���o��to mort ai�� —
<br /> �"p Sr.�:urIcy Instrument but does aot e�ecute the Note_(a) ts oo-sigaing this Security nh' S 8 �B� —
<br /> -:� and oonvey tlh.ax Borrawer's interest tn che Property under ihe terms af this Secur[ty Insuument;@)i�not peisonally �:
<br /> �"=-.��`� o b l i g,a t e d to pa y thesums secured by this'�ecurity Iansuument;an�Qc)agrees that Lender and u�,>>other Borrower may _
<br />-- agcee to exten�tl,�►od![y.forbear or ma1�e any ac�ommoatations wieiY�sr.gard to the terms of ttr�.ti��c u r iry I n s�en t o r —
<br />,;.���� the Note without tUat Borc�vrer's consen� _
<br />;°;` - 13. Nodoes. Any nox��:to Borrower pravidedfar in this Secaulty Iasau�ent shall be given tsy delivedag it ar _
<br />:� by maWng it by first class ttiail unless�p�pUcable la�v requires use e�f anott►er rn�elbod. The notice�t►all be dlrrcted to _
<br />��-"�.;� ttte Yropecry Address or any other aOiJQ�;ss Bortawet designates by notice tA Lender.Any notia to Lender sbaU be
<br />;:,, � giyen by fl�st�'4�us mail to I.�endet's addasss stated Iierein or a.ny acliiress LeAdea designat�s by notioa w Borrowor.Any
<br /> u� no�ice pmvideo tor ln chis�ecudty Iastrument sh�iiu ee aleeemed to riave beea�giyen�o Bonawer ox Lender�when g�ven _
<br /> ,j�p.-�,L�,� �p��iv.3�ct Sa tJ►io pa.:.�.fi��.
<br /> .— i� �E j,�;�ity. This Secut�iry Inauutaent shaU ba govemed by fedeaal!Aa and tue iaw of cire
<br /> iurisdiction in which the Propeny is located. In cbe Cvent that any provision or clause of this Securiry Instrua►ent or
<br /> tha Note aonflias wlth applicable law,such oonDict�hall not atfect other pmvisions of this Securiry Insuument or the
<br /> Nota which can be alven c�'ecc wIthout the ooatlktine provision To this ead the provlsions ot thts Sasudty Instrument
<br /> and the Nou are doclared to toe severable.
<br /> 15. Bor[e�rcr'�Cbpli. Borrower shall be glven one oontocmod wpy of the Note au.d of this Socurity Insuumen�
<br /> --- .� ...._...�......o..�.«...�. g.,�r_�o�wr eha!!�t n!c�e os ptrmh the Qre�enae.usa dispaal.�Wra�e.or reka�e ot _
<br /> ♦M \rr�M���
<br /> �ay Ha�uraous Substanas oa or in the Property. BorrovMer�hW noc do� nor allow u►yane el�e w do. anythint
<br /> �f[ectiaE the Propeny tlut is in violsttoa of any Ea�vlmameaW Lw. Tl�o proeedipg two aenteaoa�hW aot�PP�Y�
<br /> tLe preseaco,use.or stor��e on�he Propetty of saa�ll qwntitles of Hwrdout Substaaoes that sre Eener�llS'raoobniud
<br /> to be Appropriute to�wrmal resldentinl uses and w un�lateaanoe ot the Propetty.
<br /> gorrovver shaii promPtiy gtve Lender wrltun not�la ot aay invrstt�tton,cWm►d�mand+laasuit or other uxbn
<br /> by any gcrvernmenul or regulatory agenry or prtv�te p�ucy[nvotv�ng the ProPoaY and a°Y H��'a°us Subst�aa or
<br /> Eavimnmental L.aw of which Borrower hu actual tnawlodge. It Boitower learas.ac is not(fied bY anY ao�r�ern°xatal
<br /> or nEuLtozy aut�writy.that any removal or otEer rcmediatton of any H�rdous Substanoes affecdng the ProPercY�
<br /> neoes�ary,Borrower sh�U promptly take all nooess�ry nmodial acdons tn ac�oordana wiW Environmental Lw
<br /> As used ia this paraaraph 16�"Haz�rdous Subsunod'are those subsanas deHned as wocic or bazudous substaaas
<br /> by Eav[mnmental Iaw and tha tollovving subst�gasoline,kerosen��otLer flammable or toxic petroleum products.
<br /> toiic pesticWes aad herbic(des, v�olatile sotveats,aestervls oontaining asbestas oc formaldehydo� and rndtoactive
<br /> matetlals. AS us�eC in thls par+KraPh 16,"Eaviconmental Law'me�ns federal laws anQ laws of the jurisdictton where
<br /> the Property is la�tod that relate to heaith, s�fary or env[roamwtal pcotectlon.
<br /> NON-UNIFORM OOVENANT'S• Barrowcr and Lender further oavenant and ag[ee as follows:
<br /> ' i?. A�at af Reala. Bornovver uaoondi►bnallY asst8as and t�asFers to Lender all the rents and seveaues
<br />--- —= of We Property. Burrc�w�er suthorizes Lcnder or Leader's agents to wllecc tt�e ronta and ravenues aad hereby dirat�
<br /> each tenant of tl�c Pmperty to pay Wa rents to Lender or Lcnder's agcnts. However,prtor to Lender's notIoe to
<br /> �"'—� BomovNer oE Bormw�er's breach of Any oovenant or sgcemeat in tho Security Instrument,Borrower s1�a11 wUect and
<br /> � -- rea[ve all rents aad revenues of th�Propertyu tcustca for the beneIIt of L,eader and Borrower. 'Ihis assignment of
<br /> -=--_�`'�� reats wnstitutes an absolute assignment und not�u assignmcpt for additional secudty only
<br /> -._�1 y..
<br /> .q;:;��� If Leader gives notive of breach to Bortower.(a)all rents reoeived by Bonower shaU be held by Borrower as
<br />_�'��*�;. trustee for beneSt of Leadar oNy.to be�pplkd to the sums securect by the Securit5'Instrument;(b)1.ender shall be
<br /> entitled to ooUect end recetve a11 of the reats of the Property;and(c)each tenant of the Property shall pay a11 rents
<br />--_,�;,-���,'� dne and unpaid ta Lender or Lender's ageat oa Lender's written demand ta the tenanL
<br /> --- .._ ��..,._.,......�...,.,...�.,.o�i��.�,�,�r nf rhe renrs and hes not nnd wW not t�erform any act that would
<br /> -�:_.:��� nasuvwan uoo,.....,..........�....��...,..�o---- -- -
<br />= �. prevent Lender from exerclsing its dghts under ttls paragraPh 17.
<br />-'•�,�r� Lender shall not be required to enter upoa, t�te coauol of or maIntaii►ttte Property before or after gfving nodoe
<br /> ::.�?.,`
<br /> k: of breach to Borrower. However,Lendcr or a i ud[cially appotntcd receivcr raay do so at any time there is a brcach.
<br /> '==.•�."=;�:
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