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<br /> _ .. . ' 98° sos� -
<br /> � t0. Reia:htemeni. Borrower hna a dght to be reiastated if I.euder hes required ima�ediate payment full _
<br /> bccausc oY Bflaower's feilure tn pay an amount duc uader the Ncte or thie Secutity Instrnment. lhia right applia
<br /> even ufter forectasure proceedia8s are instituted. To relnstate tbe Security Instrument, Borrower shall tender in a lump
<br /> sum a11 omouuts required to bring Bonower's account current iacluding,to the extent they are obligadons of Borrower
<br /> under thie Securlry Insuument. foreclosure costs and reasoaable att3 customary attorneys' fces end expensea pmperly
<br /> nssoc►ated E�vith the fore�los�are proceeding. Upon reinatatement by Borrower. this SecurIty Insuuraeut end the
<br /> �• ° obligations that it secures shall remain in effecc as if Lender bad not required immediate paymeut in tWl. However,
<br /> Lender is not required to per�nit retnstatement if:(i)Lender has accepted reiastatement aRer the commencemeut of
<br /> - foreclosure procee�inga wlthla two years immedlatBly precedin$ the commencement of a current foreclosure �.
<br /> . - " proceeding. (U) retustatement wlll preclude foreclosure on differeut gmunds in the future, or(ili) reinstatement wUl �;:
<br /> .$""`""" adversely affect the pdorlty of the lien created by this Security Insnvment. __.
<br /> 11. Bnnor�er Not Rele�sed; Fo�b�saoe b3'L�da Not a Waiver. Extension of the time of payment or _
<br /> modiftcatioa of amartizatioa of the sums secured by this Secudty Insmu�aent granted by Lender w any successor in ¢
<br /> � interest of Borrower shall not operate to release she liebility of the origiaal Borrower or Borrower's successors in
<br /> ^ interest, l,ender shall not be required to wmmence proceedings against any successor in interest or refuse to extend
<br /> ,;� �` tirae for paymeat or otherwise modify amortizatioa of the sums secured by this Security Insm�tent by reason of suy
<br /> " '� demand made by the orlginal Borrower or Borrower's suocessors in iaterest. Aay forbearance by LEnder in eacrcising _
<br /> a�_ ' � any rF�ht or nmedy shatl not be a w�iver of or preclude the eaerclse of any ri�ht or remedY•
<br /> .. � 12. Sbooeasois aad A�ssigps Bound:Joint aad�rex�l Liabilit�:Co�S�nets. '14�e covenauts and ag�+eements of thia _
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<br /> ' Security Insuuateat eheU biad aad benefit the successois and aseigns of Lender and Borrower.aubject to the provisious
<br /> of paragraph 9(b).Born�wer's covenants and agreemen.ts sha11 be joiac aad several. Any Borrower aho casigns tLis _
<br /> Secnrity Iasuumeat but dces not execute the Note:(a) is co-signin�this Securiry Instrument oaly to mortgage,�rant
<br />- ~,� and convey that Borrowes's iaterest in the Property uader the terms of this Securtty Instrument; (b)is not persoaally
<br />- . ,:., obligated to pay the sums se�ured by this Se�urlty Hnsmunent; aad(c)a8re�s that J.ender and any other Bomnwer may
<br /> ., agree to extend. modify�forbear or make eny acco:nmodatlons with regard w the terms of this Securtty Insa�uueat or
<br />_�. �' the Note without that Borrower's cunsent.
<br />=ti.s;::;':, 13. Notlaes. Any aotice to Borrowet provtded for in this Security Instrument shall be gtven by deliverIng it or
<br />-`�`, : ' y licable law ulres use of another method. The notice shaU be directed w
<br /> 3��j,: .,:� by��g it b first class mail unless aPP T�1
<br />_ -.::;... the Property Address or any other address Botzowec designate.s by notice to Lender. Any aottce to Lender �hall be
<br /> —��.�:�`v. __ givcu by f�st ctass mail ta Leuder's sddr�ss stat_ai h?r±ln nr any address L,ender deaittn�es bY aotice to Boitower. Any .
<br />_ �'�`:7•:-.a � nodce prov��ed for�n this Scaurlty Insm�ment shall be de�n.cd to have boen given to Borrower or I.ender when given _
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<br /> .�.,,,,�,�,� es provided !n tWs paraP�P
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<br /> i�.,:• 14. (iovanin� Lsw:Sencrabili�►• This Security Ins�un�t ahall be govetued by federal law and the law of the
<br /> 3;i�,i�iii�,��'— , '---- ..c a.s. co...oitv instrnttlent of
<br /> f urlsdictioa ia which the PropertY �1��. �the Bvent tt�c any provusiw, v..:,a:a...,....,. ....__--. -
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<br /> --�r.:�:_4__�k.� the Note contl�cts with epplicable taw.such contlict shaU not affect other provis�ons of this Secudty Iasriumont or the
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<br /> '�� Note wlrich can�be given effect vvlthout the confl�ct�g Pmvision. ro this end the pipvisions af�tlii�.S�u�ity�t�s�
<br />_=='=":3���f and the Note are declared w be severable. '
<br />--=--�=�� 1S. Bottower's Copy. Horrower shaU be given one wnformod copy of the Note end of fhis Socur[ty Instnuaent.
<br /> _y�'",��"� 16. Ha�daua Sl�bsianoes. Borrower shall not c�uso or pezmit the presenoe� use.disposal. storage.or ralea.se of
<br />=�=�s�� �,y Ha�ardoys Snbstaaces on or in the Property. Bottower shall not do, nor allow anyone else to do. auythln8
<br /> �" "'� affecdng the T�ropecty that is in violati0n of any Baviromnental Law. The pr�ing two sentenaES sball not app3y to
<br /> - =.-�s the presence,use.or swrage on the PropertY of small quant�ties of HsxaMous Substaaces that are geaerelly reoogniud
<br />--..-M,w���-.,� w be approprlate to normal residendal uses and to malntenance af the Property. .
<br /> - Borrowet shall pmmptly give Lc,ader written notice of any invesdgation, claim.demaad. lawsuit or ottter actlon
<br />— by any govemmeatel or regulatory agcncy or private paity iavolvlag the Propetty and any Hezarduus Substance or
<br />�;�...���� Bnvirona�eatat Law of which Bomower has actual kaawledge. If Borrower learna.or is aotified by any govammentel
<br />--__=��=-=� or regulatory authority� that az►y c+emflval or other rennediation of any Hazerdous Stibstances affacdn8 the Property 1s
<br />--.-`_--`—�= necessary� Borrower shall promptly take all aecessary ��1 act[ons ia aocordance with Environn�entel L.aw.
<br /> ---�--�-..�o As used ia this paragraph 16,"Hazardous Subs�ancrs'are choss subscances defined as co�dc or bszardons subscanas
<br />- - -__—_ , by Enviroamental L.aw aad the following substances: gasoline,kerosene. other flammable or toxic pet�+olenm�praivas,
<br />��•'ar toaic pesticides aad he�bicidea, volatile solvents. materlals oontainin$ asbesCas or fora�uldehyde, and tadioacttve
<br />- - — mater�als, ps used in this paragraph 16.'Environmental I.aw"meaas federal laws mtd lawa of the jurlsdIcdion whae
<br /> Y;..�`--� the Property is located that relate w health. safety or eavironmental pmtection.
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<br /> �_ _— - NON-UNIFORM COVENANTS. Bornower aad Leada funher eovenaiu �aad agree as follows:
<br />��-~"`±:��; 17. Asstgnmmt of Rans. Borrower uncoadidonally asslgas and tranefers to Leader all the rents aud cevenues
<br />==�'-`�='�:�'��`_ of the Prapeety. Borrower authorLzes L.ender or I.ender's agents to wllect the rents and�ven�ies aud Le�eby 3in�cts .
<br /> -�:r`:,.`=` each tenant of the Property [o pay the rents w I.eade� or Leador's agents. However, Prtor to I.endec's notice to
<br /> �� Borrower of Bormwer's breach of any covenant or agreemeat in the Securlty Instiuinent, Borrower s6a11 onlloct and
<br />=- ' - c�aceive all reats and revenues of the Property as tcustce for the beneSt of Lender and Borrower. This assigna�eat of
<br /> � " . . renu coastitutes an absolute assigament and not en assi�gament for addidonal security only.
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<br />-;�;_ _, .,_. If Leader gives not�ce of breach to Borrower: (a)all rents recelved bY Bomower sLall be held by Bormwer as
<br />_ �.��,�..� uustee fos benefit of Lender oNy,w be applied ro the sums secu�ed by the SBan�ity tns�t: (b1 L�der s h a ll b e
<br /> -•-.� ....,a�.... e.,� .�...ti.,,. all nf the rent8 Af ttlC PIODeItY: and (c) each tenant of the Property shaU pay aU r�ts
<br /> r�.���.- . --:. _ GftHYW �v w��w�������'� � __ . .
<br />_ , ',,� due and unpaid w Lender or Leader's agenc on Lender's wriaea demand to the tenant.
<br /> Bonower bes not eaecuted any pdor assignmcnt of the rents and has not and will not perform any aat t1�at would
<br />_ .' preveat Leadsz from exercising its d�hts wnder this pacagxaph 17.
<br /> � Lender shall uot be required to enter upon. talce control of or�aintain the Properry before or aRer giving nodc�
<br /> � � � of bmac�► to Borrov�er. However. Leader or a judictally appointe�d te�etver may do so at aay time there is a br�ch.
<br />=i� �gASICA-PHA D�D OF TRUSf �
<br /> u�,r,,, s�+.m�.ceoor�si� Fage 4 of 6
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