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<br /> . ���' 10. Reinst�e�d- H4nrower hes o right to be reinstated if i,ender has required imm�diate puymeut ia =.
<br /> �''� � becuuse of Borrower's failure W pay an arnowit due uader the Note or this Securlty Insuument. Tbi� right appliea _-
<br /> � even eRer foreclasure prac�llnas ar�iastitute�. To reinstate the Securlty Instn�nt, Borrower shall tender in a lump w:
<br /> a�up ell amounts requi�r2d w brina$otsnwer's accouat curreat iasluding. to the extent they are oblj�ations of Borrower __
<br /> �� a.� under thie S�curity Instsunent. fomclosure costs and reasanubie and custoa�ary attocaeys' fees uad expenses properly �_
<br /> _�'� associaud with the iomatosure P��B. Uy�on relrrstat��nt by Bornawer. this Securiry Iastn�nt and the �
<br /> , obligatians thet Ic spcurea eha11 remain in effect as if Leader had not required immedlate paycnent !n tWll. However. [
<br /> , LnK�i I.ender le aot required t4 pemitt relnstatement if:(i)Lxnda iws aceepted reinstatea�ent after the commeacement of `-
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<br /> 't°�'r•�' foreclosure proceedin8s wIthia two yea�s lnunediately Pr�din3 the comm�acemenc of a cuneut foreciosure =
<br />;,� pioceeding, (ii) reinstateaaent will preclude foreclosurc on differeat grouads in the it�ture. or(iii) reinstatement wil! -
<br />_ advercely affect the priOrlty of We lien created by this Secudty Tasuuarent.
<br /> � � � a�. 11. gnmower Nai R¢k�; Fo:bpanoe by I,eada Nd a Wsiva. Bxtension of We time 4f,payanent or _
<br /> '- moditicatton of amartia.at�an of ttua sums sacured by this Secur(ty Instnunent grantod by I.ender w any succesr.�r in _
<br /> � interest of Bormwer shail�aat.egar�t� to release the liabllity of the original Borrower.or Borrower's successon9 �n� �
<br /> .,� � interest. L�endsr sbaq.nat be n�Yed. to commease prooeedings agafast eny successor in�interest or refuse to s�ad:
<br /> - time for payuient� or,tstdarwise modify amortization of We sums secured by this Securiry Instmmeai by reasan of apy�
<br /> `' , ' ' demand mads lsy thQ o�iginat Borrower or Borroaer's suocesso�a in interest. Aay forbearance by Lender in exercisiag _
<br />•,•;d,,,;;;� aay dght Qs tem�dY sb�"r�et be a waiver of or preclude the exercise of eny right or remfldy. °
<br /> :-`�,..,+��x 1�e o o v e a a n t s a u d ts of cbis
<br /> � 12. �ts�t 3�A E i�o d:I o 3 a t a o d S a v a a l I d�b i l i t y:C o-S i p,n a s• e g e e n o e n
<br /> .. Se�vrity�cu shalS,�'�a�t��eae8t the sucoessors and essi�ns of Leader and Eonower,subject to the pmvisionA -
<br /> .;,�:�., � of paragraph 9(b)•�o�"���'s co��rraws aad agreemeats shail be joint aud several. Any Borrawer who co-sigas this _
<br /> . �.��`" : , Seauity Insuument b�.�t�s m�E�xecute the Nots: (a) is casigning this Sewdty Instmaieat only w�ranrtgage� Brenc
<br /> and oonvey that Barns�re�r'�i��:test in We Praperty under the terms of this SecurltY in 'm nti ��-�6 Ad[pCT60D8�Iy -
<br />'.:w'�`•":�� obligated to pay the sum&s�+r..�U'1�1�'��+��Y�� and(c)agtoes that I.eader and any other Boirower may
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<br /> ee w extend.modifJ►.f��ar or rcxake any accomn»dations with regard W the terms af this Secudty Iasuument� ar
<br />-;;;„;�#''• the Note wltltout that Fc�ice���¢'r'a amnsent.
<br />=:r . . 13. Notioas. Atty crtS� ra'�omnwer pmvided for ia this SecucIty Iostruma�t shall be given hy deIIverinB it ar
<br />�����;•;•. by mailing it by fixst d,�s^s r.t+fL uyess appHcable law requirea use of aaother �ethod. 'Ihe notice shall be dir�d w
<br />_ w":� the Progerty Addc�ess ot�I otiuer address Borrower desIgaates by notice w Leader. Any aotice to Lender shali be
<br /> '�°'��� given b��fisst class mail to I�ader's�ddress stated henia or any address Lender designates by notice to Borrower. Aay
<br /> ---;���-T� �� yr3vidr3 far.3allsss�r'st�r��menr ch�Jl be deemed to have baea Itiven to Hon+nwer or L,eader when gtven .
<br /> �--L'_��� as provlded in thie pata�raph•
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<br />__�-_:_� 14. Govaaiag L�y Scvaab�Y. 'I�ia Secudtp Insuument sh�ll be Bav�taed by federal law aad'tlte taw of cbe
<br />----;,"'.;,�,,_;Y 3urIsd'aat#on in wh�ich�the Prepere� bs tocated. In the event that any proviaion or claase of this Securlry inauumeat.or
<br /> �--��;y:,� the No�c5atuas with applicatzle�8a�v.such contlia shall not afffect other provisions of this Security Iasoniment or th$
<br /> --_ Note w�aic3�am be g�vem e�ect vrFir��t the oonflicttng pmvlsian. 'g'o this eud the pmvifsions of Wis Securlty r�. ,+*+�.
<br /> -°--- s and the'No�e,are'�aT�d to lie severable. •
<br />-.�=-� 15. �s�y. Bormwer shall be givea oae conforme�l copy oF the�Note and of this Securlty Insuua�eat.
<br />---��=a� 1�, �,�¢�u Swbe�aoee. Bomower shall aot cause or permit the presence. use.disposal,storage,or release of
<br /> -�'�,� any fya�as�ous Stibstahces on or in the Property. Barrower shall aot do.aor sUow anyom else to do, anything
<br /> -- affocting the Pmperry that is in violation of any Eavironmental Law. '�e preceding tao sentencea sha11 not apply w
<br /> . the preseace.use.or stozage oa the Pcoperty of small quandties of Ha7ardaus Substancea that are genecally:+eoognized
<br /> - - ' .. w be appxopriata [v nur"wst srw�idcatia2 is� aad io m°inta,an� of ihs Pt4}�etty.
<br /> --- Bormwer shall pmmptly give I�der wrlttea notice of any inveatigation� claim,danaud. lawsait or other acdon
<br /> _�_ • bY aag govemmental or regvlata3Y agency or prlvau party involving the Propecty aad auy H�ardous SUbstaaoa or
<br /> ----� -- Env�taamentat Laa of which E�rotiv.er has actual imowled�e. Ef Bomower learns.or is aa2ificd by aay gove�paEnml
<br /> -----— , or sagslXetdry authar�ty; :thet any removal or other remedianom o�A�►y HazaMous S�bstaaces affoctiog the Pmpetty is
<br /> -----_-_— ae�sacy,, gorn��ver shatl pmmptly take all neces.sacY remediul:acNons ia axordaace with Eavironmeatal Iaw. .._
<br /> As used ia this p�ragraPh 16."Ha�acdous S�bstances'are�ose substanr.es deSned as toxic or hau�rdous substaaces ,; -
<br /> by Environmental Law and the following substaaces: gasolin�,kc�tosene�other flammable or W�dc petmleum prod�cts., ,
<br />_,_,�„„� toxic peaticides and herbictdes. volaslle solvente. materials��comusinin8 asixstos or formaldehyde, and t�dioactiV� � .
<br /> materials. Aa used in this paragraph 16."Environmeatal Law"arans federal laas aud lawe af the jurisd{ctlon wher��
<br /> - the Property is located thaz relau w health, safety or environmenral protecdon. '�
<br /> �_�=J�,- NON-UN[FORM COVENAN'CS. Borrower�tuu1 'l.ender further c�venant and agree as follows: •
<br />~:;'=.;�-!�.'::� 17. A�ignmmt of Rarta. Sanroa�er uacaadltionally ass#gns aad uansfere to I,ea�Ea all the rents atcid rev�►ues
<br /> •.�,,•°- of the Propetty. Borrower authoslaes i�er or Ixnder's ag�nys w oollact the rents ani�rcveaues aad heteby diiects .
<br /> �,�.� each teuant of the Pmperty to pay the ren�s co Lender oi Lender's agents. However. prior to I,eader's aotice:to
<br /> _t��r�;,_` � . ...
<br /> —.��J...,,.. Borrower of Borrower s br� of�y cot�� or agreement ia the Sece�rity Insuument, Borcower sball oollECt end
<br /> '-�-�' ` as trustee faa ths benefit of Txader and Borrower. Th6s agsigna�t�of
<br /> -=;�°F�:.�:• . reoeive all tents eud cevenues of the PropertY
<br /> °;`.`.;;`�:• rents constltutes an absfllute a�.signment and not aa assi�t for additional se�rlty only.
<br /> -...:,zr�.:�.• �
<br />--�_ :;`" If Lender g[ves natFce of breach w Borrower: (a) all re�ts teceived by Borrower shall be held by Bomnar�r as
<br /> . ., ' . ttvstee fc+r beneSt of Leader only.w be applied to the sums se�ured by the Securlry Insuumeat; (b) Leadec shall be
<br />,•�_=,�`,,, e�ued to ooliect and receive all of the rents of the Property: and(c)each oeaaat of the Pcoperty shalt pay all reats
<br /> � r .�... e..a ...,..et.� r�t.�1er nr Irnder•s aeent oa IxIIdei'e wsitten dem2tid to tlte teaant.
<br /> �=�":^-�^�: - Y ����� � �___
<br /> �Borrower hes not executed any prior assigoment of the rents and bas aot and wlll not perfoim any acx that wauld
<br /> �"y�:'. �;� preveat Lender from eaercising its rights uuder this paragraph 17.
<br /> . � , �da�aU Qut be required to enter upon.take control of or maintain the Propeny before or atZer giving notice
<br /> � of breach to Bosruwer. However.Lender or a judiciaUY appolnted receiver may do so at any time titere is a breach.
<br />, N�RAgY/�-pHA D�OF Y�USr �
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