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. + <br /> � ��14��5�1 <br /> (ii}and the Secretary makes payments ta Sorrovv�r,�h�n Borrower shall not: <br /> �i�Be reauired�fl pay amounts owed under the No�e,or pay any rents and re�enues of the <br /> Property under Paragraph 2�to Lender or a receiver of the Property, until the Secretary has <br /> required payment-in-full af all outstanding principal an�accrued interest under the Second <br /> No�e; or <br /> �i i 3 Be obl i gated to pay interest or shar�d appr�ciati on«nd�r the No�e at any time,whether <br /> accrued befare or after the payments by the Secretary,��nd whether or nat a�crued interest has <br /> been included in the pr�ncipal balance under the Note. <br /> td}No Duty nf the Secretary. The Secretary has na duty to �,ender to enforce cavenants of�he <br /> Second Security I nstrument or to take actians to preserve the value of�he Property, e�en though <br /> Lender may be unable to collect amounts�wed und�r the Note because af restrictions in this <br /> Paragraph �4. <br /> 1S. Fvrhearance by L�nder Nat a'L�Vaiver. Any farbearanc�by L,��nder in exercising any right or <br /> remedy shal� r�ot be a wai�er af or pr�clude the exercise of any right:ar remedy. <br /> lf. Su�cessor�and Assigns Bound; Joint and Severa� Liability. rC`he ca�enants and agreements of <br /> this Securi�y Instrument shall bind and benefit the successors and assigps of Lender. B�rrower may not <br /> asstgn any rights or obligations under this Security Instru�nent or under the Note, except to a�rust that <br /> meets the requirements of the Secretary. Borrower's co�enants and ��greements shall b�jo�nt and se�eral. <br /> 17.Notices, Any� nat�ce to Sorr�wer pro�ided for in this Security In:s�rument shal} be gi�en by <br /> deli�ering it or by mailing it by first ciass mail unless applicable la�� requires use of another method. <br /> The notice shall be directed to the Property Address or any o�her ad�dress all Borrowers jointly designate. <br /> Any natice to Lend�r shall be gi�en by first�la�s mail to Lender's a��dress s�ated herein or any address <br /> Lender designates by notice to B�rrower. Any notice��a Non-Borrowing Spous� provided for in thrs <br /> Security Instrument shall be given by de���ering i�or by mailing i��fy first class mail unless applicable <br /> law requir�s use flf another method. The notice shall be directed to the Proper�y Address. Any notice <br /> pr��ided for in tl�is S�curity Instrument sha�l be deemed t�ha�e be��n given to Borrawer, Lender,or <br /> Nan-Borrowing Spouse when gi�en as provided in this Paragraph 17. <br /> 18. Go�erning Law; Se�erabi�ity. This Security Instrument shali �fe go�erned by Federal law and�he <br /> law of the jurisdictian in which the Property is located. In the e�ent tha�any pro�rtsion or clause of this <br /> Secur�ty Instrument or the Note conflicts w�th applicable law, such conflict shall nat affect other <br /> pr��isions of this S�curity Ipstrument or the No�e whi�h can be gi�f�n effect with�u�the conflicting <br /> pro�ision. To this end the pro�isions of this Se�urity Instrument anci the Note ar�declared ta�� <br /> se�erable. <br /> 19. Borrawer's Copy. Borrower shall be gi�en one conformed copy of�he Not�and this Security <br /> I nstrument. <br /> N�N-UNIF�RM C�VENANTS. Borrower and Lepder�o�enant and agree as fol�ows: <br /> 20.Assignment of R�nts. Borrower unconditionally assigns and tr��nsfers to Lender all the rents and <br /> re�enues of the�'roperty. Borrawer autharizes Lender or Lender's a�ents to collect the rents and <br /> Page $of 13 HECM First Deed OfTrust-Z�34 <br />