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<br /> • conflbt� wkh applfc�bl� Mw, �uch conlll�t ehell not afUct otha provinkns of this S�curRy Inotrumsnt or the Note whbh c�n be �,-:
<br /> '� plven �fl�ct wNhout Ih• conllbtlnq pravlsk�n. To thb �nd th� provitbnl of this S�curRy Inntrum�nt�nd th� Note are decynd to —
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<br /> , �`� 16. 80►�OWQ�'• COpy. Borrow�r�hall bo piwn qn�conform�d copy of Ih� Not��nd of thle S�curRy In�trument. _`
<br /> �.� 18. Hu�doua Sub�t�nces. Borrow�r�haN no! c�ua�or pamN th• pns�nc�, us�, dhposel, �tor�Qe, or nw�e� o�
<br /> S �ny Hwrdou• Sub1t11nCas on or In th• PrOpwty BorrowM th�ll nol dq, nor �Ibw �nyon� �lae to �o, anythhp aHectfnp Ihs -.
<br /> �' 6.. : Prop�rty th�t b in vbMtbn ol ony Envkonm�ntel L�w. Th� pnca�lhfl two i�ntmc�s th1111 not �ppiy to th� pn�a�c�, u1�, or
<br /> - �� stornqe on the Property ol sm�A queniRf�o ol H�zardous Subelanaa Ihtt u� p�n�r�lly recop�ilxed to be �pproprl�te to normal `
<br /> ' 'j"'!''`�� � neld�nt�l ut�s and to m�fnlen�nc� of th�Property. c
<br /> }yie�e� —
<br /> BorcowK eh�ll prompty piva Lender wrNten notbs ol any hvestpatbn, c4fm, demand, ywsuR or other actbn dy any
<br /> .,,�, �. powmm�ntAl oi rspul�tory �pency or prN�t�party hvaHlnp the Property and any Haz�rdous Substence or Environment�l L�w ol
<br /> ��• whbh BorrowM h�6 actual knowbdp�. 11 Borrowv barns, or Is notMlW by eny povanment�l or reyulntory authorNy, lh�t �ny
<br /> �. ramoval or otha• remediatbn of any Hezardous Substances affecthq the Property Is ne�:essary, Borrower shall promptly t�ke all
<br /> � nsceaeery nmedlal ictbns h accord�nce wkh Envkonmental Law.
<br /> ' � Aa ussd tn thh pareqnph 16, "Haurdous Substnncas' are those substancea delhad �s toxb or hazardous subsnnces by
<br /> F.nvkonmenril Law ind the folbwing substances: p4solhe, kerosen�, other flemmable or tox� petroleum producte, toxfc
<br /> pestbides �nd herbbides, volntib solvente, rrwUerkls contafninp asbsstos or fomuldehyde, and radbactNe m�lterials. As uaed In
<br />� the parapreph 16, 'Environmuntal Law' means federal lews end laws ot the Jurisdbtbn where the Praperty Is located that relate
<br /> ��� , to heakh, sefsty or environmental protection.
<br /> � NON•UNIFORM COVENANTS. 8orrower and Lender (urther covenant end aprea as tolbws:
<br />- � 17. Assl�nment of Rents� Bortower uncondkionaly aseqns and trensfers to Lender a11 the rents antl revenues ot the
<br />.;:��� ' ',,;'`' Property. Borcower authorizes Lender or Under's apents to colleat the rsnte and revenues and hx�by �3incts each te��nt of th�
<br /> � Property ta pay the rents to Lender or Lenders epunts. However,priar to Lendw's notlee to Borrower o1 Borrowers breach of
<br />---'!���'� .�. any covenant or epreement in the Securily Instrument, Borrower shall collect and recelve ell rents end revmues of the Propxrty
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<br /> as trustee for the benefR of Len�ar nnd 8orrower. This assipnmont of rents constkutes en absolute asslpnment nnd not en
<br /> �,-��'�` sssignmsnt lor addkbnel securRy ony.
<br />=�1•y;�'j.•+4•4 If Lender pNes notfce of breach ta Borrower: (a) all rents received by Borrower shall be held by Borrower es trustee for
<br />_,:,�,;'." t benefit of Lender only, to be epplled to the sums sacured by the 5ecurky Instrument;(b) Lender shall be entklsd to coNect and
<br /> �t?'=::�'-'�� receNs all of tha rents ot the Property; end (o)eech tenant o} the Property shall pey all rents due end unpafd to Lender or
<br />"r�K;'��.� �:� Lenders a9ent on Lenders wr�ten demand to the tennnt.
<br /> �. �
<br />_�°_,;�.A J..�;�- 9o.nc:�� has r.o! s��tied eny nrinr n5a�onment o} the rents and has not and wili not perfortn any aCt that would preve�t
<br />�_,�„;,�,_<,,�... LentNr hom exsralsinp ks rlphts untkr thfs Parqproph 17.
<br />-_ �?'��zi�•`�1'� Lender sh411 not be requked to enter upon,t�ke control of or mafntafn the Property before or aftK pivinp notfce of broach to
<br /> `.�r�_•.::.�:.:
<br /> -�`"����`�.� Borro�wr. However,Lender or a judbinlly appolnted receNer may do so at any tYne then Is a bre�ch. My �pplfcatbn of rents
<br /> �4���''"'' shall not cura or waNa any defauk or {nvalidate any other ripht �r �emedy uf Lender. Thls assipnment of rents of the Property
<br /> �„�.
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<br />��-_.�y,;;;_.. shaA ienninete when the debt secured by the Securky Instrument is poid in lull.
<br /> °�-`=�f'` � 18. ForeClowre Procedure. If Lender requlrea Irnmedlete psyment In full under Paraqreph 9,
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<br /> _;a�f,w,o,� Lender may Invoke the power of �ele end any other remedies permltted by epplicable law.
<br /> �'�"`�=--��- Lender shall be entttled to collect all expenaes incurred In pursulnq the rcmedles provided In
<br />__._r;-::,,;r1`:'Z� �
<br /> �;-,�f �.. thls Psreyraph 18, Including, but not Iimited to, re�sonable attorneys fees snd costs of title
<br /> -"- i'.eam.•
<br /> _�-,�� avidence.
<br /> -----•�__.�,� If the power of eale fs Invoked, Trustee siudl recard e notice of defsult In eech county in
<br /> "'i�'�'`-�-`.'".-� which any p�t of the Properly is loceted end shsll msll copies of such notice in the menner
<br />---'',�j�'�i�•'��� preacrlbed by epplicable law ta Borrower and to the other persons preacribed by applic�eble law.
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<br /> �_r�:��;;:l After the time requlred by sppliceble law, Trustee shell yfve publlc noUce of sale to the peraons
<br /> -- end in the menner prescribed by epplicable Iew. Truttee, wtthout demend on Borrower, ahsll sell
<br /> _�,;:,�;`�°.: , the Property et publlc euction to the hlyheat bidder s3 the time and place ei�d under the terma
<br /> ° =��`� deslansted In the notice of sale In one or more percels end In any order 7rustee determinea.
<br /> �-� Trustee m�y postpone aale of all or eny peucel of the Property by pubilc announcement at the
<br /> •M�4�'.. tlme snd place of any previously �cheduled sale. Lender or ita deaiqnee mey purchaae the
<br /> __�;�""_`'�" � Property et any sele.
<br />- -�'`"'="s� � Upon recelpt of payment of the price bld, Trustee shall delfver to the purchaser Trustee's
<br /> '' deed conveying the Property. The reeitala in the Trustee'a deed shall be prime fecle evidence of
<br /> • the buth of the statements mede thereln. Truatee sha11 apply the proceeda of the sale In the
<br /> �. followiny order: (e) to ell costa end enpensea ot exercisiny the power of sale� and the sale,
<br /> � Includinp the payment of the Trustee's feea ectuelly Incurred, not to exceed three 96
<br /> �� of the principsl emount of the note at 1he time ol the declaratlon of defeult, and reasonable
<br /> ;� ettorneys' teei aa permlttad by lew; (b) to ell aums er-cured by thia SeCUrity InsVument; end (c)
<br /> . any excess to the perann or persona legelly entitled lo it. _
<br /> If the Lender's intereat in this Security Instrument is held by the Secretery and the Secretery =
<br /> rrqulres Immediate payment in full under Paragreph 9, the Secretsry mey invoke the nonJudlctel -
<br /> � power of aele provided In the Sinq�le Femlly Mortgege Foreclosure Act of 1994 ("Act") (12 U.S.C. �
<br /> 3751 gs�q.)by requesting a foreclosure commlasloner designeted under the Act to commence �
<br /> toreclosure end to sell the Property as provided In the Act. Nothing In the preceding aentence �
<br /> . .—' " " " ' " � ' ' ''"' _'�'_"'�" '.._���L�_ � � � �.�J�� ..�J�r �1.t� ��.�..rawM y0
<br /> -� - 6M111 QCPf1YC LflC .�CCfCia�l DT anr rlgnis vu�orvv�x aranou�c w o �cnvc� �....c. ...�o . .....y..y... ... `
<br /> � ar appllcable law. t.
<br /> 19. Reconveyance. Upon peyment of all sum5 Secured by this Security Instrument, Lender shall requost Trustee to E
<br /> rflconvey the Property end shell surrender this SeCUrity Instrument an�l ell noted ev�denCiny debt secured hy thfs S: ..ity �
<br /> �.
<br /> Instniment to Trustee. Trustee shall reconvey the Property without wertanty and wRhout charga to the pe�son or persons legally _
<br /> entRled to d.Such person or porsons shall pay eny recordalbn cost5. '
<br /> Fse�a�Mo t�oieel Pap• �o� s �
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