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<br /> . � Ibable law, such conflfct shall not aHect other provislons ol this Security InSRiIm r ote wh�h can be ����.
<br /> conH�Cts wfth epp
<br /> "� piven eHeCt wRhout the Conflbtiny provision.To this end tho provislons of this SeCUNty Instrumont and the Note ere declared to C�__.
<br /> � � be severabls.
<br /> ; �,`�-
<br /> � 16. EtorrAVVer'• Copy. Borrower shall be pNen one conlormed copy of the Note snd ol this SecurRy Instrument. .
<br /> . �'',.
<br /> �i 16. Hszsrdous Substences. Borrower shall not cause or perm�t the presenca, use, disposal, storape, or re�ease o� =.
<br /> nny Haznrdous Substances on or in the Property. Borrower shell not do, nor aliow nnyona else to do, anythhg flNectinp the `: .
<br /> .� Properly that is in violatlon of eny Environmental Law.The precedhfl two sentences shall not appiy to tho presence, uso, or E`
<br /> stonye on ths Property of smell quantRles of Hazardous Substencas that are qenera�y recognized to be epproprlste to normal k-
<br /> ' , �` resWential usos and to maintenenCe of the Property. ��
<br /> ,�� Borrower shall promptly gNe Lender wrRten notke of any I�vestipetlon, claim, demand, lawsuft or other action by anY --
<br /> �,` 4overnmental or repulatory epency or prNate party hvoNing Iha Property snd any Hazerdous Substance or Environmental Law ol
<br /> �, wh�h Borrower has actual knowledge. If Horrower leams, or is notfflHd by a�N es necessary, Boreowerashalflluphomptly take I �_.
<br /> � � removal or other remedletlon of any Hezardaus Substences eHectinp the Property
<br /> necessary remedlal actions h eccordance with Environmental Law.
<br /> As used h this peragraph 16, "Hazardous Substances"are those substances defined as toxb or hazardous substances by
<br /> � , Envlronmental Lsw and the followfn9 substances: peso�he, kerosena, other ftammsble or toxb petroleum products, toxiC
<br /> pestbides and herb�ides,volatile solvents, materiats conta(nhp asbestos or formaldahyde, and radioactive materials.As used„
<br /> � the parapraph 16, "Environmental Law'means tederal lews end lews of the Jurisdfction where ihe Property is located thet relate —
<br /> to heafth, selety or envtronmenipl protection. —
<br /> ,, ; NON-UNIFORM COVENANTS. Borrower and Lender fuAher covenant and agree as follows:
<br /> 17. Assignment of Rents. Borrower unconditionally esslgns end transters to Lender all the rents and revenues of the
<br /> Property. Borrower authorizes Lender or Lender's ayents to collect the rents and revenues and hereby directs each tenant of the
<br /> w � Property to pay the rents to Lender or Lender's apenls. However, prior to Lender's notice to Borrower of Qorrower's breach of
<br /> any covenant or aflreement in the Securky Instrument,Borrower shall collect end rocaNe all rents and revenues ol the Property
<br /> . � � � es trustee for the benefit of Lender end Borrower. This essiynment af rents constilutes an ebsolute aasVpnment and not en
<br />- assignment for additlonal security only.
<br /> � It Lender gives not�e of hreach to Bonower: (e1 all rents received by Borrower shall be hald by Borcower as trustee lor
<br />;�'�% benefR of Lender only, to be applied to the sums secured by the SeCUrity Instrument; (b) Lender shell be entkled to colleCt and
<br />,n�;_:,_.. .::s.
<br /> r�;,�.•� �:� o' the re.^•!s ^f tha Prooe�ty: and (c)each tenent ot the Property shall pay all rents due and unpaid to Lender or
<br />} Lender's agent on Lender's written demand to the tenent.
<br /> ' '` Borrower hes not executed eny prlor o.ssignment of the rents and has not and wfll not pertorm any act lh8t would prevent
<br /> �'`""�' � Lender trom exercishp Rs rights under this Perapraph 17.
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<br />=_• •�,��f�� Lender shall not be requked to enter upon,take contro�of or malntain the Property before or after pNfnp not�e of breaCh to
<br />�+::":`".,; ,' Horrower. However, Lend�r or a Judfciaily appointed receNer may do so at any time there is a breach. Any app��COtbn of rent6
<br /> � shall not cure or waive any defauR or Invalidate eny other r{ght or remedy ot Lender. This assqnmont of rents af the PropeAy
<br />� ��°�'�'�' sholl termhate when the debt secured by the Securfty Instmment Is p41d in full.
<br />�;,�:'r�a_�:
<br /> ,.�;--���a��+' ' 1B. Foreclosure Procedure. If Lender requires immediate payment In full under Peregreph 9,
<br /> _:,_�•,:
<br /> "'�'�`"t"� Lender mey Invoke the power of ssle snd uny other remedlea permitted by eppliceble lew.
<br />����7:�,:��� Lender ahall ae entttled to collect ell expenses fncurred In pursuiny the remedies provided in
<br />"°�"'-`"'� thia Peregreph 18, Including, but not Ilmtied to, reesoneble ettorneys' fees end coata of tftle
<br /> --- ' ..�t
<br />'-'i-`�=�:;,_i' evidence.
<br />„-�=�;-:�*;*�t If the power of aale Is invoked, Trustee ahell record e notice of defeult in eech county in
<br />����:r�.,:�,:; which eny �ert of the Properry Is IocGted end shell meil coples ot such notice in tli abte�lew.
<br /> 1'����;,;_.�! preacribed by appllcable lew to Borrower and to the other pereons prescribed by app
<br />�r. ',�
<br /> .�,, Atter the time requlred by eppliceble lew, 7rustee shell give public notice of sale to t e peraons
<br />-'.:�.:�..•• end In 1he menner prescrlbed by eppliceble lew. Trustee, wlthout demend on Borrower, shall aell
<br />�•: �� the Property et public auction to the hipi�e�t bidder at the time end plece end under the terms
<br />:_ ; ,,; . deaipneted in the notice of sale U one or more parcels end in eny order Trustee determinea.
<br /> Trustee may poatpone sale of ell or any percel of the Property by public announcement et the
<br />,:;;:�,��,,r_: urchese the
<br /> � tlme end place of any prevlousty scheduled sele. Lender or its deslynee msy p
<br />:"r.y � Property et eny sale. '
<br /> ""�� • . Upon receipt of peyment of the price bid, Trustee shell deliver to the purcheser Trustee'u
<br /> deed conveyin� the Property. The recitels In the Truatee's deed shall be prlme f�cle evfdence of
<br /> ' the truth of the atetemente mede thereln. Trustee ahell epply the proceeds of the sele In the
<br />. � following order: (e) to ell coats end expensea of exerciaing the power ot sale, and the a�le,
<br /> ,: including the peyment of the Trustee'a feea actuelly incurred, not to exceed three °�
<br /> of the principel emount of the note et the time of the decleretlon of defeult, and reesoneble
<br /> � attorneys' fees as qermltted by law; (b) to afl sums secured by thia Security Inatrument; and (c)
<br /> � `. � any excesa to the person or persona legally entitled to it.
<br /> � If the Lender's Interest In this Securfty Instrument la held by the Secretery and the Secretery
<br /> requirea Immediete peyment in full under Peregraph 9, the Secretary may invoke the nonJudicial
<br /> ; power ot sele provided tn the Sing�e Farnlly Mor'gegePF dealanetedAunder�t e Act t�commen e
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<br /> 3761 Es S�.j Dy requti+iiTiy a w��..�.�..�.----.......---- -
<br /> sholl Id prive the Secretery of eny t ight poth ewisenavallable to atLender underr thia Perag aph 18
<br />_ or eppliceble law.
<br />-_ I 19. Reconveyance. Upon peyment of e�l sums SeCUred by this Socurity �nstrument, lender shall request Trusle9 to
<br /> � ' reCOnvey the Property end shall Surrender lhis Securiry Inslrument end ali noted evldenCk�g dabt secured by this SeCUrRy
<br /> � Instrument to Trustee.Trustee shell reconvey lhe Propedy without werrenty end without charge to the person or persons legalty
<br /> � entitbd te it. Such porson or persons shatl pey nny recordation costs.
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