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<br /> _�`¢ conMbll wKh�plb�bW 4w,wch aontllct �h�N not�fl�Ct olha provubnl A1 ihN SeCUrRY Intlrum�nl or th� Nol� whfch C�n b�
<br />;;.1,�.��w� Qlv�n �Iqpl wNhoul�h�oonfNCtlnp prOVNbn,To Ihl� �nd thf provlobn� ol lhU S�curNy In�irum�nt �nd Ih� Nol� u�tMal�nd to _
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<br /> " 16. BO/fOW�►'� COpy�BonowK Ih�A W pN�n on� con�orm�d copy of Ih�Not���d o1 lhlt S�curNy Inetrumml.
<br /> �''" '1��� 16. H�z�rdou• $ubsl�nc��� Bortow�' �h�N nol C�uw or pMmk th� prH�nci, w�, dhpot�l, etorpp�, or rNe�t� oi -
<br /> �
<br /> �ny H�urdou� Sub�l�hco� on or fn Ih� PrapMy. Borrawer sh�H no! do, nar �Ilqw anyon� �IS� to do, •nylhkip �Ml�cihp t •
<br /> ;_:�,��, ^ Prop�rty th�l b fn vbMtfon o1 Iny Envkonmmtal l.�w, Th� p�ocotlfn9 �WO aontoncos shnli not epp�y to the pres�nca, uae, or
<br /> -,;� ���.
<br />�;�a� tlorllq�an th� Prop�rtY ol�rtuY qu�nlRMs ol Huardou• Sub�t�nc�s th�l �n p�nK��b r�copnWd lo ba approp�4�l�to norm�l
<br />_- ,��„- nfkf�ntlal uta�nd to maht�n�nc� ol th�PropMy.
<br />._�;�� BorcowK �haA promply 9Iw L�nd�r wrkt�n notfc• ol �ny fnwstiptlbn, ol�kn, dNn�nd, ywsuN or othx �ctbn by any
<br /> � powmm�ntal or rpuytory�0�ncy or prN�t�party hvoNhp tho PropKty ond�nY Hwrdoue Subetana or EnvYOnm�ntal L�w of
<br /> � ."�� whbh Bortow�r hu �ctuli knowl�dp�. If Bortowu IMme, or b notMkd by eny BovsmmM�a� or repuktory wthorRy, that u�y
<br /> -•`"i rsmovtl or oth�r rwnedktbn of�ny Hw►rdoua Subat�ncaa aH�ctlnp the Property Is necessary, Borrower shall promptly teke all
<br />���`� � �` nsc�ss�ry rwnedi�l�ctbnl h �ccord�ncs wkh Environm�ntd Law•
<br /> ot;':r.:�.?
<br /> '� " As uasd In thfs puapaph 16, "H�z�rdous Subat�ncea" an lhosa 6ubstences dafinsd as tox� or haurdouc substances by
<br />�':y::�r•?r�;.`
<br /> , Envkonment�l Law and Iha foNowhp substenCes: paaolhe, kerosM�, other flammeble or toxb petroleum products, tox
<br />-��rf�''� pestbid�s �nd herbbidos,volatYi soNants, mgtar4►IS contah f nq Qs bea to e or formaldeh yde, end radbactNa matsrials, As used h
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<br /> __-�—�� ths pu�yr�ph 16, "Envkonmen►d Law' ms�ns Mder�l laws nnd 4�ws ol the �urisd�tbn where the Property is bcnted that reb�te
<br /> °-'�= ` to he�Nh,swlaty or envkonmentel prolectbn. _
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<br /> m�� '��� NON•UNIFORM COVENANTS. 6orrower and Lender lurther covenant and apree as tolbws:
<br /> ,���:�, '
<br /> .�:N�,+. 17. Awl�nmerrt of RenU, Bortowar uncondkbnally essfpns and vanefers to Lender all the rents nnd revenues of the
<br /> - �-�- Propwty. Bortower authoriva L1nda or Lend�a eflents to coY�ct the rents�nd revenues an d her e by d i rac t s e a c h t e n an t of the
<br />��;��`��;� Propxty to p�y the rsnt6 to Lender or Lender's tyents. However, prbr to Lenders not�e to Bonow�r of Donowsrs brs�ch of
<br /> - ony Covenant or spreerr�ent in Ihe Securky Instrument, Borrower shall callect snd receNe all rents end revenues ot the Property
<br />--�=��°�� aa truatea (or the bene«of Lender and Bartower. Thfs assipnment of rents conetftutes en absolute assfpnment and not en
<br />�1��
<br /> ur��� assipnment for qddklonal seCUrAy ony.
<br />_�'";;�`� If Lender pNes notfce ot 6reach to Bonower: (a) all rente received by Borrower shall be held by Bortower es trustee for
<br />-°"`-_��'zr:�,�: benefit of Under ony, to be epplle�to the sums secured by the Securily Instrument; (b) Lender shall be entkled to collect end
<br /> W?Yy+�� receNe all of the rents of the Property; and (a) ench tenant of the Propert/ shall pay au rents due �nd unpaW to Lender or
<br /> .�:��,�• Lender's apent on Lenders wrifts� dernand ro the tr,nant.
<br /> _��.;� BortowYr has not ux�cuted any prbr as�ipnment al the rents and has not and will not pertorm eny act►hnt would prwsnt
<br /> -=�-- Lender hom exsrchinp Ns riphte under thb Parryraph 17.
<br /> � - Londer shqll not tre roqulnd to enter upon,take control of or maht�in ihe Property be}ore or after OkfnG not�e of bre�Ch ta
<br /> BortowK. Howowr, LsndK or a Judbialy�ppoint�d receNer m+�Y do so at�ny th'�e there is a brMCh.My �pplicatbn of rentt
<br /> shaq nOt Cun or wallo u�y dWsuk or InvaNd�to �ny other rqht or remedy of Lendt�r,This asslpnment of rents of the Property
<br /> __�� shaM t�rtnlnaU wh�n th�dsbt aacund by th�S�curRy Instrument Is pald in lu��•
<br /> —� 18. Forecloaure Procedure. If Lender requke� Immedl�te p�yment in iuli under PI c�iapi w:
<br /> ____ ':; Lendsr m�y �nvok� the power of ale end eny other remedles pe�rmHted by app
<br /> Lender slwll be entitled to collect all expenaes Incurred In purauinp the remediea provlded In
<br /> — - th�s paraq��ph 18, includlnq� but not Iimfted to, rewon�ble attorneya' feei and costs of title
<br /> - - -- evidence.
<br /> - If the power of sale ta Invoked, Truatee �hall record a nodce of defeult In each county n
<br /> - - -- - which eny pert of the Property is located and shell m�ll cop�ea Qf wch noticy �� ��le law.
<br /> pre�cribed by applicable I�w to Borrower �nd to the nther perpns prescribed b �pp
<br /> After the Ume requfr�ed by�pplicable law, Tru�tee sh�ll qive public notico of sate to the pe�son�
<br /> -- - ' end in the m�nner prescrfbed by �pplicsble I�w. Trustee,without dem�nd on Borrower, sh�ll sell
<br /> - �: the Property et public auctbn to the hlyhest bidder �t 1he Ume and place �nd unde� the terme
<br /> ---.___ � deti�n�ted in tha notice of sele In one or more p�rcel� and in eny order Trustee determinee.
<br /> --- Trustee may poslpone sale of �II or any p�cel of the Property bY public announcement et the
<br /> �s Ume �nd piace of any previously scheduled sale. Lender or ib deslynee may purchase the
<br /> "�"'`°"�� Prop erty Y
<br /> .._._�_� at�n s�le. .
<br /> '�` �'= Upon recefpt of p�yment of the price bid, Trustee shall deliver W the purci�aser Trustee's
<br />';:;�� deed conveyiny the Property. The recitals in the Truttee's deed slwll be prima hci� evtdence of
<br /> � �_��=� - the truth ot the �tatements made thaeln. Trustee �P�sll app�Y � Proceeda of the sale in the
<br /> �`�`�r tolbwin� order: (s) b �II costs �nd expentes of exercisinq the power oi sale, �nd the sNe,
<br />::•;: � includinq the payment of the Truatee's tees �ctuslly Incurred, not to exceed three �
<br />- . � of the princiRal �mount oT the'�t�ti t to all eums secured by thlsnSecurity Instrume ta and (c)
<br /> � attorneya' tees ut permitted y � O -
<br /> eny excess to tha per�on or per�ons leyally entiUed to f�
<br /> '�� I f t h e L e n d e r'� i n i e r e s t in this Securi t y Innrument is held by the SecreWy �nd the Secretry
<br /> requfres immedf�te p�ylment In tuU under P�r�raph 9, the S ecre t a ry m a y I n v o k e t h e n�n j u d i c l�l
<br /> p o w e r o f s a l e p r o v i d e d in the Sin r,te Femily Mo�tgape Foreclosure Act ot 1994 ('Act") (12 U.S.C.
<br /> _�• �._ _ ���, .. ..�� e�r�auesUna e torecloaure comnnlssfone� de a i9ns te d u n d e r t h e A c t t o c o m m e n c e
<br /> �..-._.-�-'_.__.__r:T-' v��. ijizi'• —� - . — •. •�_ __
<br /> �Jl.�r � r�www�
<br /> � ; � forecbsure and to sell the Property as provided in the Act rioinina �� tnc r.�:a..�•�a -o�••�^--
<br /> • � �11 deprive the Secretary of eny ri�hts otherwise wail�ble to a Lender under this Paragraph 18
<br /> or eppUcabte Isw. _
<br /> 19. Reconveysnce. Upon payment a� a�� sums secu:ed by t�ls Security Instrume�t. �ender s�an reyuesc Trustea�o _
<br /> reconvey the Properry and sheN surronder thls Sacurity Instrume�t and e�� �ated ev�de�an9 debt SeCUrod by this Security
<br /> � Instrument to Trustee•Trustes shlll retonvey the PropeRy wdhuut wurantY and without charps to the person or persons leqalry
<br />_ i ent�t�ed to it.Such pe�son or porsons Shall paY ony recordatbn costs.
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