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<br /> — — _- - ---- �:��wms �'?�:�+•�Sy`4��.i` itii�k'� ��ii��'����mi�.a.�'�`-�ua�iiia� �"�:ik���en�nY�rri�:.i:� '�3. •
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<br /> reasonabk and customary aitcmeys' tEes artd exgenses propedy assodazed with tt�toredasure proa�r+-11�O���er►f Cy - .
<br /> Bortower.thls Securily fnsWmcnt and ihe ottigatiCrts thai it secures shal� in eftect as it Lender had no1 requked immed'cate
<br /> ' payment in tu�. Howerrr. lmder b not requircd to pemrit �ehslatement if: (� Lender has accepted reinstateme�t aRer the ,
<br /> coctmeneemer�t o! texe�asure pracoedfngs wtthin two years irnmedatey p2cedin� the eommencement of a canent tarecieaurr�
<br /> proceedng, (r7 rsi�atrte�n�t vr� psedude iCreciasuro on different{gounds fn the future,or w rc�ns4stement wiH adversey aNed tha "•
<br /> � prioriry o!the rien ae�ted by this Securfty lnsUumenL , . .
<br /> � 11. Borrow�r Not Rd�ssod; Forbaarancs By L�nd�� Not a Waiv�r. Exienston of ths Ume ot �ayme�r cr
<br /> rtwdAc�Uon ot �nweNtation ot ths aum�seccrned by tAia Securfty fnsUument granted 6y Lender to any s�rceessor�n interest ai Berrcwar �
<br /> aM1 rtot opent�to nklse the Il�beJ'Ry o!t�e original Bormwer ar Barrowds sacceasa i�hterest. Lender sha� rtat be requitsd ta
<br /> corm�ense proceecfnps a�Ins1�ny suoce�aor tn tntercst a refuse tt+extend tlme tor payment cr otherwtse modify emo+tizatlon cf tita � �
<br />- � sums s�aued by �SecurkY tn�trument by reaaao of �ny dertyrtd rtKde by ths or(pin�t Borravrer or Borrovrer'a successr.�s in
<br /> int�aL My forbMrante 4y Eender ks ex�cishg any rlghi or remedy aha11 not be a waiver of or�SrQCtude the exerclse ct any dgbt .
<br /> - or ran�dy. �
<br /> 12. Sucs�ssors �nd Assigns BAUnd; Joint and S��r�ral L.labitity; Co-Slg�ers. The wveaants end agreementa
<br /> ot thts Security Instrument ahsl h6td and DeneGt the successors�nd assig�a af Le�der and 8orrewer, subject ta the prav!sicna cf �
<br /> P�ragaph 9b. Boaowa's co�erianta end agroements shaA be Joint end aeveret. My Bartawer who co-sigrta thls Secudty Instn�ment
<br /> bui does not exaute ths tVote: (a)b co-signing this Securiry(nsUument ony to moRgcge,grent and convey that Barrower's interesE Irt
<br /> the Property under the terms ot U:fa Seeudty Instrument; (bj fs nat persana�y obligated to pay the sums secared by thts Securff�j -
<br /> tnstrumenr and(c)agrces that Lender ertd any other Ber�ower may agree to extend,moddy,fa�hear or make any accommodatlans w'r1h �
<br /> regsrd to the t�m of this Security Trtsbvmen!or the Note witfiaui that Barowel's coasent •
<br /> 13. Noticis. My notice to B�+�rcwrer provided tar in tbFs�ecurfty Instrument sha�tre gtven by deNvedng it cr 6y mailing it by
<br /> � first ciass m.ail unless applicabte law rec�u`res use oi anoiher m��d: The notice shatl�e d�4ed to the Propefi/ R.�d�s cr an1�
<br /> other address Borrower designates by ce�ice to Les�er. My notice to Lender shalf be given by first ciass m�7 ti¢ Lend�'s ,
<br /> address stated 6erein ar any address Lendar d�i�ates by notice to Borrower. My notice pravided far fn this Securii�+ frts8uum�t " "
<br /> shaN be deemed to have been glven to�c�rower or Len�ier when gisren as provlded in thi�.�agraph.
<br /> 14. Gavernfng Law; Se��rrability. This Security Instrument shall be grs�tnrred by Federal taw and the la�+r af the , ,. �, � '
<br /> � judsdictioss in whlet►the Pr�perty i�tacated. tn the event that eny provtsfon or cYause of thi�Security tn�trument ar the'IUate canfli��. � , ,
<br /> w(th appfic�ble law,sucfa wn?Gct sfia8 not affect other provisions�?this Security InsWment or the Naie whkh can @e gn�en �ti�cti � . , ,
<br /> without the;onffieting previstot�. T�t`�is end the provisions of this Security(nstrument and the Note are declared ta be ssver�ble.
<br /> 15. C�orrower's Copy. �nrawer shat!be given ort�ranfarmed copy of this�ecurity Inatrumenl. '
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<br /> 16. A�ignm�nt of Rents. BoROwer unconditionalt� assigns and transfers te lender aU the rentc and ro��nnues ot tha� � ; . -.
<br /> � Property. Borrower authorizes LenG2r or Lender's agents to collect the rents and revenues and hcveby Ci:ecta eaah fenAnt af Itte _
<br /> Prnperty to pay the renta to I.ender c+-i:L�ndgr's agents. Hower¢.�dor to Lender's notice ta Barrawer of 8orrawePn breach of an�t� �``��'�`�•'._
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<br /> • covenant a agreement in the Secu^i`��r.,str�ment, Borrower sh�t'rrrafled end receive all ren�o and revenues of the Praparq� au tiuufde "�',;;�=1`-
<br /> • ' tor the benefil ol Lender and Borroyer. Thls assignment o1 ren:L conatituies an ahsatute essignment artd not an ausigmm�nU(dr "`����
<br /> . add'itional security onty. `��s'�`
<br /> � if Lender gives noUce o!breact± to Borrower:(a)a(i rentn recehred By L�wer shail be held by BoROwer as tnrestne far be��� . , � .-
<br /> � , . . of Lender r�r.ly.to be app(ied to the���s secured by the 8ecuitt�( (n,sbumenr (b) Lender st�atf be entitted to coU3u�an4 receive all ;�
<br /> � ot the rert�s of tha R'opeRy;and(e} as:�1 tenaM o1 tho Proporty�tT3,;1 pey all rents due►Jtr�f.unpaid to Lender or Le►tder's agent on �'
<br /> Lenderb written demand to the tenani. '
<br /> �. Barcower ha� not executed any�.��..*essigr.ment ot the rents and has not and will not perform any act fhat woutd preverit Lender , i
<br /> irom exenclsing fts rtghts under thts l�,u�•3raph 18. ,
<br /> Lender shaH not be requires�ta enter upon, take controi o1 or mainta(n the Prc;�-.�t.y betore or aiter gaing nottce of breach to
<br /> Bortower. Hawever.Lendet or a jac::iaily appointed receiver mny do so at an��time ihere is o breacb. Any applicaUon ot rents shat!not �
<br /> cure ot weive any detautt ot irt•t•u�:�'ate any other rf�ht or remody of Lend�. ?his asslgnment of renis ol the PropeRy ahall termlrtate
<br /> - when the debt aecured by fhe 5��nt:r Instrurnent Is pald in full. , +�''
<br /> 17. FOrYCIOSUr� Procod:�:cr.q. U Lender requires Immediate pay.s�r>_ ir. t:t w�trc� Paragreph 9, Lender may invoke the
<br /> power o1 sale and any other remed",�rs perm:ric�d b}�applicab►e taw. Lender�1waL Le er��u3�:� collect all expenses incurred in pursuing
<br /> the remedfes provlded in lhla pa�agr.�'�17, in�u�",ng, but not limited to, reascr,able attcr�;,�'fees snd costs o1 title evidance.
<br /> If the pa.ver ot sale,is invoked,Trustee shall record a noti� ot default in each counr�ir whtch a�y parl o11hu Properry is Ioctite0
<br /> and ahall maA coples of auch notice,�tbo manner as prescribe�:�r f appticabte taw to Bonewer and to the other persvn�prescdbod by
<br /> appllcabte faw. After the time required by epplicable faw. Trustee shall ghre pub0a notico ot sale to the persons and In tha manner
<br /> : prescribed by eppUcabte law. Truste_+, without demand on Borrower, shall sell the Property at public auclion to tha highest bidder a1
<br /> PaQo 4 ot 5
<br /> F5017.CT1 (tl2/90) 12069p15
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