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<br /> � .:, 10.R�tement Borrower hea a Nght to be refnstated if L.endQr has requlr+ed immeditun puyment in tU11 Ri:
<br /> . • becausc of Bore+ower's failure to pAy an autouut due uader the Notc or thia Ss.•curlry lnstrument. ThIR rigbt upplies [;__
<br /> � � evea aRe� foreclosure proceedings ure lasdtuted. To relnatate the Security inauuntei►t. @otrower s6ai1 eendtu in a tump
<br /> sum ull nmounta required to brinII Bor[awer'e accoant current includMg,to tiia extant thay orc oblipations of�ortotiver
<br /> undes tdis 5ecuriry inRUUment. foreclo3ure costs and rensonabl� nnA customsuy utwmeya' fezs nnd expune�a prap8riy
<br /> _ .. . _ :,.�. ��tatal w11h ths fqr�losurc proceeding. Upon reinatatement by Eorrowor. tbia Securiry Inauvmont. aad th� �_
<br /> � 9 obllgadoas th�t it s2curea shell remain !n effect us if Lender had not requfred Imtnedinte paymeat in tbll. Mowover, f
<br /> �x Lender is not requlmd to permlt reinswteraent tf:(i) Lender hus ecr�epted reinstatement ufter th�comtnencement of E';-
<br /> foreclosure proceedings wlthia two years tmmedintely preceding the commencemnnnt of a cuncs��t Foreclosure r
<br /> ., � . �,'.
<br /> proseeding. (ti)reinstntenaent wiil precluda foreclosure on differeat grounds in the t�n�re� or(iii)relnstutement wlti �:
<br /> • • adversely affect the prlorlty of the lien creuted bg this Securlty Instivment. ���.�
<br /> � i i.Bor�u�ver Nei Rclea4ed: Fofi�ratme by I�eader Not a Qlaivar. Exteaston of the tlms of pnyment or ��
<br /> modiScatioa of aiaoctlxation of tb� sums secured by this Security Insmiment g�anted by L�ender to any succoasor. ia ��'
<br /> �� ,- intanest of Borrower ahall not operate to release the liability of We origiaat Borrow@r or Bormwer's successors iu =
<br /> � intarest. Leader shall aot be required to commence pmceedings against any successar ia interest or refuss w e�ctaad _
<br /> . '• time for paym$nt or otherwise modify aaiort3zadon of the sums secured by tbis SecurIty Inst�ument by reason of any
<br />,- � demand made by the origiaal Borrower or Borrower's successors ip int�rest. Any forbearance by Lsndar In exercislag _
<br />- �� any tlght or remedy shall not be a waiver of or preclude the exercise of any right or remody. _
<br />_ ' ,�� 12 Stioo�s�d Assfgoa Bound;Joint and Seveel IlabiIIry:Co-Sigoera. 'Ihe covenaute and agrecmanta of this
<br /> . Secudty In�uument sball bind and beneflt the succeasors and assigns of f.ender and Borr�wer,snbjcct to tbe provieions
<br /> of paragraph S(b).Bflnower's covenaate aad agreements ahaU be Joint and several. Any Borrower who co-siBna this _
<br /> ,• .. .�, . Secudty Insnument but does aot e�cecute the Note:(a) is co-stgning this Secudty Instr�ment anly W mnrtIIege. Stant -
<br />. ,... .�� � and canvey that Benawer's intBrest ia the Propeity under the terms of this Secur�ty Insaument; (b) is aot pensonally --
<br /> T..'.:.. .� �.� obfigated co pay thB sumg serured by this Secudty Insuumene; and(c)agcces that Le�►dsr aad any other BorrowQr maY
<br /> • ' agrae w�end.�.MifY,forbear or make any aocommodaifQns with regard w the terms of tHis Security instrament or
<br /> - � �< ' � tt� G►3ota �vittz�ut xh�t Borrower's oonseat.
<br /> �' "` A9. 1V�. Any notice w Borrower pmvlded for in thls Saa�rity Instrument shall be givcn by dsllvering it or —
<br /> ��, ".: '..- by�aii'sn�it by fust class mail valess applicable law requfres nse of another method. 'Ihe notice shall be direcced w
<br /> �v.;: .'.�„�,�
<br />- �t the �`roperty Address or any ether address Botrower desigaates by aotice to I.eader. Any notice to Leader ahaU be
<br /> '���z',;,;;:;��r'?i� , � given by fust class a�ail to Lender's address stated herein or any address Ixnder deaignates by notice to Borcower. Any
<br /> ���'�'`:•.'����� ' -- ' Qodce pmvided far ia this Security Instnunent shall be deemed to have been given to Borrower or Leader ahen glven +
<br /> �c�1rA-.i>�.i:.'�:�y --- .
<br />_�,A,, ,.:. ..;,•. as pmvide8 in tiwss.P�F�aPh• ..
<br /> 1=��N�,?y,r,:.:. 14. Gwaning �,aw;Severab�ity. Thie Security Insuument shell b6 governed by fedecal latsr Fuad�the Iaw of the
<br />--=-=?-L-"�� jurisdicdon ia which the Property ia located. lu the k��that aay pmvlsion or cleuse of tbis Secnriry Instraraeat or
<br />��"=";�r,'s the �1e;e �conflicts with appllcable law,such confZict s�a1�not affect other pmvisians of tbis SecuritY In�sument Rr the
<br />��»�:r��:;�.�;.
<br />�• �?��"� NotQ a+�ach can be,given effect wItltout thg contlieting pmvisioa. To thts end the provisions of this S�,�uity Instmmenc
<br />_�_" -`- and,Ytte�E�tote a��aciared w be severable.
<br /> �;�;``��
<br />�`_•;��� 1tS. 3Roaawcr"s(Cmpy. Borrower shall be gaven one conformed copy of tbe Nate and of thia 5leeurity Insuumient. ,
<br /> -=;_�:��� n�. I4Ai�3ais .�. Borrower shall not cause or permit thB preseace. u�.disAosal• stora8e.or nlease of
<br /> 1:};�:`�;'� = any`k3�idous Substancea on bc in the Property. Borrower shall aot do. nor aQa�v anyone else w do. aaything
<br />--�.,�-�a� affeating the Property that is ia violation of any Environmental Law. 'llie precedJng twQ senteaces shall not appiy w
<br />�.�`'<.-`� — the presence. use,or storage on the Prope�ty:u�small quanutiea of Hazaz+dovs Stibsmaces sb�at are generally reooguzed ..
<br /> -------- ...— to be�propriate w normal resideatial ut�i"s��t ce maincenanx oP the Pmge.�ty. • . _
<br />"°°�f� �qmower shall prompily give L.ender wxit�ea aotice of aay invesdgation, cleim,,demand, lawauit or othe.r acdon �
<br /> � _;,:-:.��,� 6y auy govemmenta� or regWatnrY a$epcY or privat� PartY iavolvIn�the PtiopeRyr and gny Hazaadous S�ibstanoe or :�' ,
<br />--=ti`-t:�s�� Bavimumental Law of which C�i?rrowes has actual 1�ea�leflge. If Borrower leams.ar is notified E�+anY 8�+�
<br /> - -"'".�� or regulatory aut�tasraty� that any removal or other.r�nte�'iaTiaa of any Harardoua Substaaces affecmng the Progeiiy Is �
<br /> —T�_.,� necessuy.Boira�wea shall pmmptly take aU�ae�ssary rsmedial aaions in acxoidaace with Envimnmental Law.
<br />�'`�-�"`R`���u� As used in t4i33$patag�'aph 16,"Hazardous Subgtances"arz�thase substances defined as waic or Uszardoua subst�tces
<br /> - __-= by Fa�viemiunentBI 'I.aw aad ilte followtng substances: gasuyiue.�serasen6, othbr Aemma7�le or waic p�tolcwa predklucts.
<br /> _,:f-�.::;� tox3c pescl�ides and herbicides, volstile solvente. matc�ri,a�s .contaiaing �esros cr farmaldehyde, aad radlmacdve
<br /> �.°-=N���'�-,.,.,�� materiats. Aa ais�d in this paragraph 16,`Fa�vironmeucal Law"meaas t�ral laws a�l lawe 4f the�urisdiaion wlieere
<br />=°.n=.-��".:,� the 'Ptb,pertY is 9e�cat�d that relate to healgh. sa�Y or environmental pnotection. • •
<br />_�A�;=��T�(;' . ,.
<br />�_�..,,,.,,,:w NmN-U�dFORM COVENAI�JTS. Borrower and Lender furtteer covenant end agrae as follows:
<br />�:'41 ' �'>s;'Y.: ,fl7. Aseigo�awi of R�b. Borrower uncoaditIonally assigas and uaasfecs to Ir�ader all the r�tts and nvenues
<br />= of efle Property. td�rtower authorizes Leader or I.ender s agents to collect the rents and revenues aad hereby cUrecxs , . .,
<br />-'� � `� each tenant of ahe �roperty to pay the �erits tn Leader or Leader's agents. However. prior to Lend�'s nodce to .
<br /> " Borrower of Borro�er's b�+eash of any covenant or agreement ia the Serurity Iast:ument, Borrower shall ool�ect and
<br /> - - . ,;`:,�`•�` reoeive all reats aud revenues of the Property es uustee for the beaefit of L�der a�l Borrower. T6is assigtr�ent of ' .
<br /> - • �� � rea3e constinues an absolute assi�nm�nt aad aot an assigament for additional security only. .
<br /> • : '�' U Lender gives notice of breach w�arrower. (a) aU reats received by Somower shall be held by Bon+ov�er as
<br /> �-;+. uustee for b�efii of I.eader oaly.w be agr�li�ecl to the sums secured by the Sewrity Instru�:t: (b)Leader shall be
<br /> - .� � . eatitied w oollect aad c�eoeive aU of the n�ses of the Aroperty: and(c)each tenant of the Property shall pay aU rente
<br /> : . i due and unpaid w i,ender or Leader's agent on I.eader's wrtaen demand to the tenant.
<br /> '�` ' � Bomuwer has aot executed aay pdor assignmcnt of the rents and tias aot nnd will aot perform any xt tieac wonid
<br /> _ • prevent I.ender from eaercisfng its dghts under this paragraph 17.
<br /> - . Leader shall not be required to eate� upon, take oontrol of or maintain We Property befom or atter g[ving uotice =
<br /> �� of breach to Borrower. However. Lender or a judiciatly appoiated receiver may do so at aay time theie is a breacd�. -
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<br /> NPBAASSA�PHA DBSD OF TRUb7 � -
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