90102405 - Laserfiche WebLink

Browse

_ ar� -.�,....!-..., ..N�IS[At4'_��L:;�.a, anxL�;;v---- .-. ..� � _+�� _�_� _---. . .. � � � ---(��1----�10�405 � the contuctin�provislon. To thl�end tho provislons of this Secu�ity Instrumont Rnd tha Noto aro doclared to ae severab�o. . 15. BOYiOwt!'� COpy. Sorrower shaN bo glven one contormed copy oi thia Sacuriry Instrument. 1�. /1l�tIQf1If��Ot Of R�11tf. BoRawer unconditlonAlly�aalyna and iranotera to Le�dcr all ihe �ents and ravenues o1 tha P�operly. Borrowar�uthaizea Lertder ot LmclN'e�per�t�to coNect the�enta and revenue��nd hereby di�ects each tenant ot the Propecry to pey the � �ents to Len�or lender'e��ents. However, pdor to Lendet'a nolice to 9orrower of Bonower's breach ot any covenant or aflreement in ihb S�curity Insln�m�nL 8orrower ahaM coNect�nd receAre �N rents and revanuea o}the Property as trustee tot tha Censfit of Lender and BoaowK. Tnis �aslynm�ns of�ents can�tnutea�� Gaolute assipnment and noi an a�slynment tor addidon�l secu�ity onty. It I.endor qhres �otice of brach to BoROwe�: (a)aM reat��eceNed by @ortower shaa ba heid by 8orrower as trustee to�benefit of Lender _ ony. to be appNed to th�euma aecurad by the Security Inetrumsnt; (b� lertder sMN be entiiled ta coHect and receive all ot the�ents ot th�Pirop�rty; �nd (c)wch tenant ot the Roperty shaN pay�p�ents dus�rtd unpaiid to Lender or Lender's agent on Lende�'s written demand to ths tenant Borrow�r haa not executed any pdor�asiynmeM o1 the re�ts and has not and w�l nol perfortn any act that would prevent Lender irom . sxMeisMp Rs �hls undsr this p�ayraph 16. lender ah�N not be requked to entet upon,take co�trol ot o�maintain lha t'toperty beto�e or after giving �otice oi breach to Borrower. How�vur,Under or a judicUNy appointed recetva m�y do so at any time there Is a breach. My appilcation of rents shall not cure or wrv�any d�huR or InraAdet� any other�ht or r�m�dy of Lender. This assiqnment o�rents of the Property shall terminate when the d�bt secund by the 3eau►fty Mstniment is pAid in tuN. � NON-UNIFOR11p COVENAM'S. 8arower snd Lender tuAher covenanl�nd�gree as tollows: 17. For�ci;c�sun P�oc�duro. Hf L.ender rsquires tmmodlate paymont t� full undvr parag�aph 9, Lender may i�vok�th� pow�� of sal� and �ny oth�r r�modbs permitt�d by appliaabl� law. L�ndor shatl bo �Mitt�d to coll�ct all �xp�ns�s Incu�rod i� pursuiny tho remedios und�r thia p��a�nph 17, including, � but �ot Iimk�d to, ��ason�bt� attormys'fo�s and costs oi titla ovidence. ; If th� pow�r ot s�l� is tnvok�d, Trusto� shall �oaord s notice of def�ult in each cou�ty i� which any p��t of th� Propsrty Is locat�d and shail mail coplas of such notice in tho rt�an�er presc�ibod by - sppllcabl� law to 6arrow�r and to tho othvr persons �rsescrlbed by applicable law. ARor the time • ; nqpir�d by spplicabl� law, Trust� shail give pu6lic crotice of sale to tha per�ona and In the manner pnscrib�d by spplic�blo law. �nastea, without demahd on 6orrower, shalf sell the Propeety at public � , auction to th� hiph��t �Gddtr �t th� time and place and unde�the te�ms desiqnatad in th� notice ot s�l� in one o� mor� parc�ls and in any order T�ustee determinea. Trustee may postpone sale of all or sny pa�c�l of tha Prop�rty by Qublic annou�cement at ths time and place of any p�eviously scheduled % sal�. L�nd�r o� its dasigneo ma�o l,pu�chaso the Proparty at any sale. Upon ��coipt of p�ymant of thv p�ico bid, T�ustto shall deliver to tha purchasar Trustoe's deed conveying . th� P�op�rty. Th� r�citalt in tha Trustoe's doed ahail bo p�ima facie avldenca of the truth of the � stn�m�nts mads thvroin. T►ustee ahall appty th� p�oca�dp of tha aale in tho following ordor: (a) to ' i ---- - s0 �Ye�en�a trf th� �sl�, inr,l■_��In�, be! no! !�ml+�s! !a,'�F:t��i�s's f�a r.� a�tsr.Eltsc3 b; ap�ltz�bt� !r:: -- and nason�bl� attorn�ys'foo�; (b) to all sums securad by this Security Inst�ument; and (c) any excess ; _ - _ !.^.:b:C �:w:. v:�:wi.i ii�y`w'i{y wi�iii=iv iv ii. 18. R�COt1VOy��1CY. Upon payment oi aN sums secu�ed by lbis Securiry Instrument, Lender shall request Tnustee to�econvey the � Piroperty and shaN suRender this 3ecurity Instrument and alt notes evidertc?ng debt secured by this Securiry Instrument to Trustee. Trustee ' � , sh�N reconvey the PropeRy without warrant�and without charge to the person o�persons tegalty eniitied to it. Such person or persons shall �a . pay a�y record�tion costs. t9. Sub=titut�TrU�tfo. Lender, at its opilon, may trom time to time remove Trustee and appoint a successo�trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorcfed. Without conveyance of the � ' P r o p e rt y►.t he succeasa t r us tee s ha N succ e e d to all the fiUe,power and duties conterred upon Trustee hereln and by applicabte (aw. � -- 20. Roquost tor Noticos. BoRa�_w requests that copies o}the noUces of detautt and sate be sent to Borrower's address which Is � the PropMy Address. 'Bortower fuRher rec,uests that copies oi the notices ot detauR and sale be se�t to the person set toRh herein.' '� i ACC�19riNOtt GI�I.I:Q. BoROwer agrees that should this Security InsWment and the note secured thereby not be Higibte . � � for InsuranCS under tha Nadonal Housing Acx within sixty days irom the datQ hereo}, Lendpr may. �t its option and � nolwlthstandkty anythlnp in Parsgraph 9,req;ure immediate payment in full oi all sums secured tr f tl':is Securiry Instrument. A written atatement af my authorized agent c! the Secretary dated subsequent to sixty days fro�the date hereof,declining to insure this Securily Instrument and tRe�ote secured thereby, shall be deemed condusive proof Qt s�ch ineligibil�ry. Notwithstanding the torepoinp,this optlon may not be exercised by Lender when the unavailability o1 insurance is so3ety due to Lender's failure to remit a morl9aye ins�rance premium to the Seaetary. Rid�ra ta this Seeurity Instru�nent. If one or more ridera are executed by Borrower and recorded together with tt�is Security InsII'u�rnent,the covenants of e�ch such rider shaA be incorporated into and shall amend and supplement the covenants and agreements of this Securiry [nstsur.te�!es +f t3;s rldesjsj wcre in a paR af thts Sewrity insGurnent. (Check epplicabte box(es)j � Condominium Rider � Adjustable Rate Rider � Growing Equity Rider � Planned Unit Deve�opment Rider a Graduated Payment Rider � Other , � L � � - � � �i� -- . ' .� . . • . • . �NT,j { -Z�i � ��'� i I� �: 1 .,.�'�"��/ r,ty — _- - --- :;.,�,i,.:,rx°ty�,. ._..�:. ._�� - .�� _ . b' . . t � • ... • . �. ..z. , . . . � :.�;}'�,,.:r;; . ._... ., . �