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<br /> : the ccnttictfrtg provision. To tAfa ertd the provlsions af this Secur�y Instrument and the Note are decfared to 6e severabt�
<br /> � 15. 80[rOw�t's COpy. Borravrer shaq be given one cflntortned copy ot this Securiry instrument .
<br /> 16.Assignm�nt af R�Ms. Borrower uncondtianatty assi�s and Uansters to Lender aU the rents and revenues ot the Pcoperly.
<br /> r Bortower authorizes lender ar lender's agents to copec�the rents end revenues artd heseb}t�irects each tenant of ihe PtopeRy to pay ths
<br /> ` rerds to Lender or Lcrtder's egents. Howc�rer,prior to Lender's notice to BcROwer ot Bartower's breaeh oi any covenant or agreement tn
<br /> the Securityr(nstrumen� Boaower sha!colte�!and receive alt rents and revenues a!the Properry as trustee for the benefit o!lender and �
<br /> Boaower. Thts asslgnrteent ot rents const+tutes an absoiute assi�mant and rtot en asstgnment for ad�itionai securidy onty.
<br /> I!lender gives notFce ot breach to Borrower. (a)att�ents reeetved by Borrower shall be held by Borrower as trustes far benefit of Eender �
<br /> ony,ta tre apphed ta ihe sums secured by the Secudty lnstrumenk (bj Lendes shali be entitted to collect and receive aU oi the rents oi
<br /> the FropeRy; and (c�escl►tenant ot the Properry shaff pay sU rents due and unpafd to Lender or Lender's agent on LendEr's wriiten demand
<br /> to the ta�ant . , .
<br /> Borrower has not executed any pdor assignment ot the rents and has not and wal acrt per[ortn any act that woutd prevent Lend�irom '
<br /> e�cucising its rights under thfs paracgaph 16.
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<br /> Lend�shall not be reqrr:red to enter upon,take control oi or maintain the Propedy betore ar after giving notice at�to Borrower. -
<br /> However, Lender or a judc�Ityl appoirtted receiver may do so at any time there is a breach. Aay application o!�ents sh�i6 r�at cure or •
<br /> waive any defautt or invaUdate arty attrer right oc remedy oi Lender. Thts assignment ot rents�f the Property shal{temr.rr�when.the
<br /> . debi secured by the Becurity Instrument is patd in tuU_ . �.�.�_.
<br /> NON-UNIFQRM COYEi�UMfTS.BoRrn'��ertc�lQnder iscrth�cav��t�rd agree as follows: � ' : :;`::':���`._
<br /> 1T. Foreclosvra Procedure. if Lender re ui�esitfimediate a . �'�`�,'' ��
<br /> q p ymen#in full undar paragraph 9, Len�ler ';.;�. ;•, �:.. : :
<br /> may irrvok�the powor of sato artd ar�other remedies permttted 6y applicable law. L,ender shali ba �
<br /> enUtied to collect ail e x penses incurred in p u r s u i n g�t h e r e m e d[e s u n d e r t h i s p a r a g r a p h 1 7, inc tu d ing,
<br /> but nat limitsd to, reasonable attomsys' fees and costs of titte evicfence. �� � �
<br /> . . . • ff the powar of ssita is invcked. Trustee shatl•record a rtotfce of.deiautt in each county in which any �
<br /> - - part of t6a Proptrty ts Iocated�and shali mail co�e�of such notice 1n the manner prescribed by
<br /> . applicable law �o Borrawer and to the other parsans prescrihed by apptica8le taw. ARer the #ime
<br /> requtred by appiicabte taw, Trustee shall give public notice.af sale to the persons ar�d in the mannor..
<br /> prescribed by apqliaabte Iaw. Trustee, without demand an.8crrower, shatl seQ the.Property at pubtia �
<br /> auctton to tfie highest bidder at the timv artd plaae and under the terr�s designated in fhq natiae af::'_' -
<br /> asis in;cne or mon parceli� �nd tn any order Trasfee determines. Trustee may poatpone �ai�.�af att�' .:." �
<br /> , or any parcet ot.the Propei#y by� pubiic a�nounceni�nt at the ttme and plaae of�any pr4viou�fY�:�eduted
<br /> sale. Lenden on Its designee may purchase the Property at any sate..
<br /> � " Upo� receipt•vf p&yment of the p�Iae-Ltid, Trustee shal! deliver to the purchasen Tsuste�`s��ed canveying �
<br /> . " . . tfte Property. The racitais ia the Trustee`s deed shall be prima facie evld�nae af<the fi�th�cf the {. --�.
<br /> statements made tharein. Trus�ee shall apply the proceeds of the sala in�the foliowtiig-q��c: (a) to
<br /> all expenses af the sals, includfng, but nat limited�»,Trustee's fees aa permitted by appIt�able law •
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<br /> and reasonable attorneys'fees; (b} to ail surt�s secured by this SecurFt��Inst►ument; and (c) any excess � �
<br /> to the person�or psrsons legalfy entitted to it.
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<br /> 18. RBCOnvAy8nC9. Upon payment of atl sums secured tr�r th;s Secur;!y:fnstrument,.tender shaU requsst Trustee to reconvey the ' •�
<br /> Property and shall surtende�this Securry�fnsfirment and all nofes eridenctng debt secured try:thts Securiry tnsUumenl�to Trustee. Trustee '�- �
<br /> sha(I reconvey the Property without w�.�ty and without ctiarge to the person ar persons tega0y entitted fo i� Sucb person or persons shail '',
<br /> pay any recordation costs. �
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<br /> • 19. Substitut6 TcatStee. �ertder,at its option,may from Ume to tlme remove Trustee and appolnt�successor trustee to any '
<br /> Trustee appolnted hereunder by an i�st:�:ment recorded In the coun.ty in which thls SeCUrity Irtstniment!s recorded. t4ithout conveyance ot the �
<br /> � PropertS/.the snccessor truatee s;satt ss�ed to all the tlUe, power�d dutles conferred upe:r Trustee herein and by r��,°:cabla law. � ,��
<br /> � 20. Roquast tor NoUcea. Bonower requests that copies o1 the noti�.s oi default and�ale be sent to Borrovier's eddress whtch is �`•`•
<br /> the Properry A0d►ess. "Bacrower fudher requests tha! copies of the notlCes of Cr:`,�U:t and sale be sent to the person set foAh herein.• ;
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<br /> � Accslel'atiOD C1aurS� Borrower agrees that shoufd thts Sea�.�ry' fnstrument and the note secured thereby not be elfgibte �� � ,
<br /> for insurance under the National Hou�ir,�Act wfthin stxty days trom t5e date hereot. Lender m�r, at its optton and �
<br /> notwithstandfng anything in Paragraph 8,require immedlate payment In futl ot at! �:;ms secureQ by thls Security Instrument. �
<br /> A written atatement of any authortzed agent o!the Sewetary dated subsequertt to sixry days irom the date hereof. decAning to insure
<br /> t�is Secutlry lnstrument�r�the note secured there�y, shalt be deemeA condusive prool of such irteti�;bi;ic,�. Notwilhsta�dir.g the
<br /> foregoirtg,thi�option may not be exerci:e�by Lender when the ua�Y3itability ot insurance is sa3e�f due to lender's faituse to�emit �
<br /> a morlgage insurence prers�ium to the Sec+�ay,
<br /> iiiders to this Seer��ity Instrument. lf cne or more riders are enc�l::d by Bonower and recorded togelher vir;h this�ea.:�f
<br /> . 1nsUument,the covenants aa�ch su�ri9er shall be incorporated into and sFa:t amend and supptement ihv covenan2s zrd agreemenfs ot
<br />. this Security tnstrument es if the�iC�-;s;:v�are In a paA of this Securi2y InsUument.(Check applicabte Gox(es)] .
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<br /> � Planrted Unit Oovetopmera Rider � GraC�s::'ed Payment Rider � Other
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