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<br /> � 1Q. Rcimtatccacc� B�rrowcr has u right tu tx: rclnswtcd if Lvndcr hus rc�uircd immedtatc paymcnt ln fuQ
<br /> � bcwusc uf Burrawcr's failun tu pay an umuuat duc undcr thc Nnic ur �his S�;curiry G�strumcni. Thls right nppli�;s
<br /> evcn altcr Curcrlosurc prua�cdings nrc insdtuccd. To r�lmtatc thc SccuNty Instrumcnt.BorroHer shult tcndcr in a lump
<br /> a sum allamount:;rcyulred tu bring Honowcr's au:aunt cunent including,to the extent thcy urc ubUgudons c�tHorruwer
<br /> �� .
<br /> ; under thls Si:curity lactrument,[urcclusure ws�s and rwsnnable and custamary attorncys'lces und expcnscs prnp�:rly
<br /> � nssoclatcd wlth thc:forc�;losurc ptcx:ccding. UEwn reinstatcmcnt by Borrawcr. this Sccurity Instrumcnt And thc
<br /> obiiRatlon� that it saures shall remain in etfect as if Lender had not requlred immcdiate paymcnt in full. Hawcvcr,
<br /> Lender is aut re:quired tu permit reinstatement If:(i)L�:nOer has acce�pted reinswtement a[ter th�wnim�ns�:rsncnt uf ; �
<br /> furcclosure procec�ings wlchln twa ycars immedlately preocdIng the cammencement of a current forec:losure
<br /> ....� prar.eeding.(li) reinstacemene wtil preclude[oreclosure on ditterent geounds in the future.or(1il)reinstKtement will
<br /> +s udvcrscly s�Q'fcct the priadry of t4e ltun created by thts Cecurlry lasttument. `"�
<br /> � 11. Barrowcr Not [tejca�od; FofiCUanoe DY l�cadcr P1o� = Wai�eC Ex�ension ut the timc ot paymem or
<br /> modification of amottization of the sums secured by tbis Security Insuument grnnted by Lender tn :�ny succ�.�ssor in
<br /> ' interest of Borrowcr shall not operute to release the Uabillty of the origiaal Bc�nuw�r ur Borrawer'a�uoccssors in :•
<br /> . interest. Lendc;r shall not be required to oom�nence proceedtags against any successor la Interest or retuse to eztend � ;'_=
<br /> time for paymcnt ar otdecwise madii�amortization of the sums secured by this Security Instrumcnt by reusott of any
<br /> demaad made by the origtnal Bonov►cr or Borrower's sucoessors in interest. Any forbearaace by Lender in ex�rclsIng
<br /> aay right or remedy sball not be a waiver of or preclude We exercise of any right or remedy.
<br /> iZ S1�aoes�ots ud A�iape Bound:]otnt and Sav�era111abiliry;Oo-.Si�,nas. The wvenants aad agrxments of ehis ,
<br /> Security Insuuinent shall bind and benerit the successors and assIgns of Lender and Borrower,subject to thc pravlsions _
<br /> of paragraph 9(b). Bonower's covenants and agreements shall be joWc and several. Any Bonower who casigas thls �
<br /> Securiry Instrumeat but dces not execute the Note:(a)ls oo-signing thtc Security Insuument only to mortgage,grant
<br /> aad wavey that Borrower's interest fa the Properry under the terms of this Security Instruatent;(b) is not persoaally
<br /> � � obligated to pay the sums secured by[his Secvrity Inscrument;aad(c)agrees that Lender and any otha;r Sorrower may _
<br /> agree to extend,madify,forbear or make any accommodatIons with regard to the terms of this Seciutty Insuarnent or _
<br /> the Note without that Bonower's consent. -
<br /> ]3. Notioea. Aay notice to Bonower provided for in Wls Securiry Instrument shall be given by dellvering it or -
<br /> by malUng it by first class maIl unless applicable Iaw requires use of another method. Tho aotice shall be directed to
<br /> � '� the Property Address or any other address Borrower designates by notice to Lender.Any aoUce to Lender sQall be
<br /> � � given by Srst class mail to Leader's address stated herein or any addtess Lender designates by notice to Borrower.Any
<br /> ____ _ _ _ notice provided for in thls Security Insuument shall be deemed to have been given to Borrower or Leader when given
<br /> as provided la this paragr►ph.
<br /> 14. pa�ntua I,a�r S�vr�abi4ry, ThLs Securlty Instrument shall be governed by federal law aad ttte law oP the
<br /> • f urLsdiction in which the Property�S located. Ia the evenc that aay provlsion or clause of this Securiry Insuument or
<br /> � • We Note conflicis wlth applirable law.such conflict shall not affect other provtsions of tWs Secur�ty Ins►rumeat or the
<br />_ Note which can be given e�ect wichout the oonflicW►g provLsioa To this end the provLstons oP thIs Secudty Insuument
<br />� ' • and the Note are declared to be severable.
<br />-. .. - �- � 15. Bonv�r's Oopy. Borrower shall be given one con[ormed oopy of We Note aad of this Securiry InscrumenG
<br /> ..,� 16. Haa=dous Sbbstanoa+. Banower shaU not cause or germit ttte preseace,usc.dlsposal.stora�e� or release ot
<br /> � aay Hazardous Substances on or in the Properry. Borrower shaA not do,nor aUow anyone else to do,anything
<br /> � a�'ecting We Properry that Is in violatioa of any Envlronmentat Law. The pm.ceding tvvo sentences sbell not apply to
<br />'.,�•`:+;��?���� the presence,use.arstotage on We Property of small qnantities of Hazardous Substanaes that ate geaeraUy reoognized
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<br />,>:.: ��Y�r;ra • to be appropNate to normal residentIal uses and to maintenance of the Property.
<br />_�y:♦�,�-,���, Borrower shall promptty gIve Lender written noUce of any investigatton,claim,demand,lawsuit or ottter actioa
<br />_����;:•{.;�, by any goveramentel or regulatory agen�y or privatc parcy iavolving the Property and atty Harardo�s Substanoe or
<br />''Y A�' '��'`�6 Environmental Law of which Borrower has act�al knowledge. If Bonower learns�or is notiHed by any govemmeatal
<br />;,��.:,=`,,
<br />,-_ � or regulatory suthodty,Wat any removal or other remediation of airy Ha7ardous Substanas affecting the Property ts
<br /> �_-- :,;�°�''•::: necessary.BonowersbaU promptiy take all necessary remedial actions in acoordance with Envlronnsental Law.
<br />�-;r,�(�:�', . As used ia this paragraph 16,"Hazardous Substances'are those substanoes de6ned as to�dc or hazardous substances
<br /> ---•_�;�`�:: by Envlronmental Law and the iollowIng substances: g,asoliae,kerosene,other flammable or toxic petmleum pzoducts,
<br /> �;��z�.%� toxic pestic(des and herbicides, volaWe solvents, materials vontaintng asbestos or formaldehyde.ead radIoactive
<br />_r�Sy�4T_' .� ■
<br />���.,�., •.� matedals. As usedin thls paragraph 16� Environmeatal Law"means federal laws and laws of We judsdictionwhere
<br /> � `�r"�'� the Properry is lorated that relate to hea1W,safery or envIronmental protection.
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<br /> --" -� NON•UNIFORM COVENAN7'S. Borrower and Leader further covenant and agree as foAows:
<br /> 17, As�i�pm�at c�f Reata. Bonower unconditionally assigns and vae�sfers to Lender all the rents and revenues
<br /> -.. of tbe property. Borrower authorizes Leader or L,ender's agents to collect the rents and revenues and hereby directs
<br /> , •� eacl�tenant of the Propeny to pay the rents to Leader or Lender's agents. However,prtor to Lcnder's aotice to
<br />= Bonower of Borrower's breach of aay oovenant or agceement ia the Security Instrument,Bomower ahall oollect and __
<br /> recetve all rents and revenues of the Property as trustee for the bencfit of I.ender and Borrower. Tlds aSSignment of __
<br /> tents constitutes an absolute asslgnment and not an assignment for additional securIty only.
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