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<br /> • <. • • . ������� ` . .a2�Y``<•.- � .
<br /> _'rQ IIL iri full `°Z,.
<br /> if Lender has uired immediate payme :`.
<br /> � ` �, g�t. Borrawer has a rIght to be m,iastazed �9 �rI t a 1�CS ., - `•`t :
<br /> - , because oY Bo�+a+�rer's�ure w pay an amonnt dne nades We Note or tL�s Secacity�su�umen� � FP�� . _ < .�.
<br /> � ' even aRer foreclosute p=ocee�tg,sare iastitut�ed.To reinstate the Security Insuument,BormwersiraII teadserin a iump �' .�" :
<br /> ..�+.- •. . , y�mn ali aatonnts reqnired w bring Bormw��s socount aurent indadtn�,to Ute estgat ihey are oDfigatioffi of Bosmwer e ` � ,• •�.�,:�_
<br /> � �II7 atto 'bees and nses pmgerly � �
<br /> � ` - nnder tH#s Security Instrament,f o r e c I o sure oosrs anQ c�asonabie and cuswmary rneys � < :_"
<br /> � .� 'assddated nuith the for�sure prooeedin�, TJpon reinstatement by Boimwer, this 3ecurity Jnstrument and tPce ,.
<br /> • J,�� . _yi.�.4^�[.
<br /> • ' obIigations t2�at ft�secures shall remain in eSe�as if Leader bad not tequired immediate payment in fWL.Hawe:ver. LL.`a� ...�..°:;_,
<br /> .. � .<�' I.ender Ls nat teqnired to permit reinstatement i�(�Leader has aooegtefl reiastatement aftes the oommenoemeat of , ��`..'a�
<br /> • ' , , fos�ecdosnre pmoeedin� within taro yeats immedistely preoe¢iaS the commencement of a cairent foreciasnre . .:�,• L
<br /> - secd
<br /> --�{' pmoee�lin8+(i�reiastatemeat wID grccdude forectosare on different grounds in the future.or(iii�reinstatement will �
<br /> advelsety affect the prI�rlry of the i�en cc�ted try ciits Se�uitY Iusuament - �., '
<br /> � iL Hoao�rEr lvia3 Reira�; ����Not a�llai�rer. F�ucffiion of the time of pay�nent or ,
<br /> ;`.;; madifuatton of amortfiation bf the sums secared by this SeauIt�►Insuroment�anted by Leader to aay successor in � :
<br /> _�
<br /> _ , u �::�� inter�c of$omawer si�all aot opeiats w telease tiie liabiiity af the orIginal Bomawer or Borrawer's suocessors in . ,��,;;..
<br /> . . .:G g SIICC�.SS�I�11 IatEf�St OT Ief1156 W� .: -..•T,.,'`
<br /> . Interest. Lender shaII n�t be reqnfire.d w wmmeace praoeediaS� �nst anY `<;;`�".°�:._.�
<br /> Insuument reason of any ���<__.:__��_-
<br />- , ' time for payment or otheiwise modif9 amort�zation of the snms sewred by this S�+ Lend r ia eserdsin8 ��
<br /> � demand made by the orIgFnal Borrawer or Bonowe�'s successois ia interest. A�►forbea�ance by �'�`��;;-
<br /> � any right or remedy sUaU not 6c a waiver oP or preclude the eaer�se of a�rIght or remedy. - -L_� _
<br /> 12. Saaoe�ois and A�g�ss Bau�JofnR and Ser�al ISa�tItp;� The ravenanis and agreeiaents of t1�is - _
<br /> .. '` � Secnriry Instrameat shall bind and beneSt thesuocesso�and asstg�ts of Lender an.d Borrower,snbject to the pravistons - -..
<br /> � . . of paiagraph 9(b).Bomawer's cavenants and ag�eements shall De�o����e�n o�nly to mortg,ag�g�ut •
<br /> ,,.:.;F' Secuslcy Insuument bnt daes not ese�aue the Not�(a)is co-signtng is aat eiso
<br /> , and aonvey tLat Borrowez's interest in the Property ander the terms of��9��r and any ot,her Bor awer may � . -
<br /> .. � o b l i g a t e d w p a y t h e sums secared b y ihis Security Instrumeat;aad()agr �n t o r • y .. --
<br /> . agree to gatead,modify.foibear or makc aay aoaommodations with regar d w t h�e temts o f t i�i s S e a�I t y • �`; _
<br /> .,� ��,`� the Note withani tltat Borrower's cons�nt . ;
<br /> � L�. Notf� Any notf�w Borcowe;.pravIded for fn ti�s.Secadty Insuament shall be given try delivering it ot
<br /> � �,� by mailing it by�rst class mail untess app�trable law reqnires ase of another method. The aotIce ahall be directed to =�_
<br /> ::'.' t$e Property Address or any other address Bormwer desigaates isy notice w Lender.A�r notice to Lender shal!be '� #�"`�
<br />_ _. ..__:j�:.:,. -
<br /> .� �tves by fast cla�ma�to Lenude�sadQress stated hereln or a�r addres�Lender designates by notia�e ta Borrower.Ebny .. � ` ���
<br /> ... -.��
<br /> � . , . ' - aot�ve provIded for ia this Secarity Fnstrament shaU 6e Qeemed to have been given w Borrawer ar Lender when g�ven _
<br /> . _ �
<br /> as pra�ed in tl�is P�B�P _ ^` �
<br /> � . 14. t�oveming Iaro�r,Sevembilit�►• �ts Secu�ity►Insuuntent shall be gavemed by federat law aad the taw of the _
<br /> � � - f misdialon in wLich the Properiy is tacated. In the�vent Wst auy pravlsIon ar cianse af tl�is 5ecaulty Insaument or _ ----
<br /> L the Note aonflicts wlth appltrabte Iaw.sach aonflict svall not affect other provtslons of this Seaulty Insuument or t$e . ,
<br /> • - , `: Note which can be given effectwithout the oonflicting provLston.To this end the provLsions of tbis SecarIty Instrnnaent ,..,. .;: �� _
<br /> - � � and the Noie are decl,ared to be seeerabl� -�
<br /> � yS go,�s� Barrawer shall be gtvea one canfarmed oapy of the Note and of tt�is SECariry Insnnmen� •. . -'��,..
<br /> _ 16� H�oos Sabstamo�s Borrawer shall not cause or permit tHe p�esence.ns�disPosal,storag�or reiease of . , �..., . ,;;..---
<br /> � ° .� - a�r HaTardous Snbstances on or in the Property. Bomawer shall not do,nor s]law anyone else w do,auytUing ��r.• .-`_.`'_�-_
<br /> `��..„<..,.
<br /> , . affecting the Property that is In violat�on of any Environatental Iaw The preceding two sentences sha11 not apPtY W - :,.�,..,�-
<br /> � � , the presencc,vse,or storage on the Property of small qaantitles of HazarCous Snbstances Wat are generaIIy recog,nizeQ . . : � ;�:.�_—
<br />. � to be appiopriate to normal residential uses and to maintenancg of the Property. ;�:`�-:.?
<br /> � Borrower sball P�PuY�'e Lender wrltten notice of a�r iavestlption,claim.demand.lawsait or othe=action � _
<br /> � � by atcy governmental�regiilawty agenry or private party nrvolv;�►g the Property and aay Ha�rdons SuDstaIICe or .• �T: �� _
<br /> °� overamental
<br /> Favaonmental L�w oR whtch Bo:rower has actual knowiedge. If Borrower Ieams.or is aodSed by anY S �-
<br /> . - or reg�ilatory authoslty,that any removal or other remediation of any Hazardous Substanoes affecxu�g tIIe Psopeny is .�. , —v
<br /> • neoessary.Bomoarer sball promptiy ta�e all r�ecessary remedIal actiQ�ra acaordance with Emrimnmental Law � . : . ...;N;°_; -
<br /> �I,' = .-�= � As used in ti�iis paragraph 1C,'Hardrdous Substances'�se those substances deSneA as to�c or ha7ardous snbstaaaes �-:°-�,°y-
<br /> s �� :,�,,z�:.
<br /> ±'� , •�.� ' .. �:�-I by g�nvironmental Law aaa the FollowIng snbstances:gasoilne.gcrosene�other ilammable or taxic petrolenm pa�m�ncta. . -----�'•,.
<br />:� '. � � : �: . , to�c pesticIdes and herbtctdes.volatile solvents,matedaLs coataining asbestos or famialdehyd� and radioact[ve '. �•
<br /> .. . . materiais. As used�n this paragraph 16.'EmrIronmental Lav�'means federal Laws and laws of the jnrlsdtctIon where
<br /> . � the Property is lacated that relate ta healtif,safety or eavironmental protectlon . �
<br /> � � . ... � NON-UNIFORM COVENADI'TS. Hoaowet and Lender fouWer oovenant and agree as follows: �
<br /> - , iT. �nt of Rems. Borrower onconditionally asslgas aud uansfers w Lender all the tents and revenues • '.� .
<br /> _ � of the Fropsny. Borrower antttorizes Lender or Lender's agents to collect the rents ana revenues ana hereby directs . •
<br />,.- • each tenaut of the Property to pay the rents to Lender or Lender's agents. Hawever,prtor to Lender's notice to .
<br /> � Bonower of Bormwer's breach of any oavenant or agreement in the Securtry Iastrumeat,Bonower shall oollect and . � �
<br /> � ' receive aU rents and reveaues of the Ptoperty as trustee for the beaeSt of I.cnder and Borrower. This assignment of .,
<br /> � • � rents constitutes an absolute asslgnment and not an asslgnment for addiflonal security only. .
<br /> .. If i,ender gtves notice of breach to Borrower.(a)aU rents received by Borrower shall be held by Bonower as • :
<br /> � � � truscee for 6eneSt of Lender on2y,to be applled to the snms secureA by the Sewrity lnsuument;(b)LenQer sHall be . . .
<br /> entifled to colIect and receive all of the rents of the Property,sud(c)eacH tenant of the Properry shall pay all nents , ..
<br /> � �� due and unpaid to Lender or Lender's agent on Lender's wrItten demand to We tenan4 . �
<br /> . � � Bonower has aot executed any prIor assigoment of the rents and h�s not and wIll not perPorm any act that wouIA . . .
<br /> '. � �. prevent Lender from esercising lts rights under tWs paragraph l'i. _
<br /> � . Lender shaU not be required to eater upon,take wnvol of or maintain the Property befote or after giving notice , . ,
<br /> �. ' � of breach to Bonower. Haarever,l,eader or a judicially appointed receiver may do so at any tirue there is a breach. .
<br /> . - �• . � I�BR�ISKA�FHADF�OF 113P �' • • --;
<br /> �,�,��,�,c��� Page 4 of 6 � �
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