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ebtgetaa OW t soma SIN$ tatrtiait in tallied as ti Lerida Ned not tat) 6 A irarnadale pay(nid in dints. Hownw. Lander is not Mow b �teneR tMtalsleresat !r: A t+artdir inae) srloosplsd tiinsplsrnstrt odor if tta aartwtertceerertt d fardosu<e pMc@gM s Wthirn taro yeM trmtarW* , or win Mwnent� sayer a glow VW d themeat �asef�d thistry� InsatarteM � on dMarwtt grtxrrtds tai the tldua 11. Bori6im "Aisloased; Fotbsera`r" ft •Lund* Not a Waivur. _ • -Extrusion of the tarno of payment or modlowildn of - , tt�ton of flea suns seared by tide Security Insfe4 rent grunted by Lender to any auecessor in htoraet of Borrower alien not apusM'to-rabeve the isbftiy of the WOW Bo v*w or Borrower's successor In interest . Lender shelf not be nqui- to eommot proossdrgs against rty atroowor let Wsrwt or raise tQ erchrtd time for psyrrtent orotitsrwise modify srrtaftstion d the samts sedi d by `. this S ciaty inelnwrart by amour of any damond mete bythen 10ml Borrower or •Bonowees ptccassors•it kdarsat Any torbaaartce by Wider in stercisitg any tight or twnstfy shed not be a waiver d or preclude, the etrardse of any d9tt or comedy. 1Z. steecesttoref and Assn, Sm %R* and Sslraral LlMMr. Co-Signets. . The wvmwFs.nd agsarrtanbs d Mfs staidly a oatartt shed. bite! and 1h ft the attocustxs and aaa19 of Lade and Borrower, tubpct to provisions o! psrapreptt M Bonet w% COL- M to and agrs- I Be shad be joist and eaenl, ft Borrower who oo -signs tints .S win* Instrument but does . ataaq & -*A Mots is no-aigtittg this secudy ktetrtateerrt only to mnsrfgage grant acrd Gamey that Bonoarda I is", it the Aopady urnft .. the letrrta d the, Saiotaty itsrtattsrrt: �) k trtet persanady ate to pay tier auras secured by iris socu ty inskuMeM and (a). agrass that Lander and airy altar Borrower Lary agree to wdsrtd ina ft forbear or mars any accommodations with regard to the tern of this Security Ylsi iseent 4 Vis Malls•wthout`VW Barra vela conaetl M mod"& Any nosfoe to Borrower proickled"icr in tats 1.; Security itsbtxnatnt stmt tier given by detvetktg t or by tnein� t by fiF'si-` Cbm ersd omen appdra6ls taw rsnQuiss used another mstbod. TM notice shat be Bhteted to titer koperty ltftwo or any other address Borroww "ftn ss by note* fo• Lender. Arty trolaa to Lender Md be ghreh by first doss mat b Lender's adi!►m stated herifrt at any dawnil Lsrtdsr ch Igrtalis by -altos to Borrower . Any notice provided for it tints St aunty Instrument stud be deemed to have been given b BoRanitsr err LNtdar aAtw► n as povidd h this paragraph. 0 14, iioverni ft' lLow, SsveraWNty. This Ssarrty instrument shad be governed by Federal taw and the taw of the jurlsdattort h whid� rite Ptoearly a bated. In that event third any providon or clause club SedMly instrument or the Note conflicts with appdable low, Such coned "not died af* provisions d isle Security insb m wd or the Note wN* cart ' be given effe ct without the -conflicting provision. To this and the provisions of this Security tnsinmtent and the Note are declared to be seve ntbie. M Borrower'! Copy. Bomwer shoe be given one co-f amd o*y of tfis ,.Um ty fnstrraeent 1111. Ass%pril nt of Re M& Borrower unoondtionaty assigns and transhrs to Lander as the rants and revenues of the Property. Borrower erMoeen Lander a Lenders agents to collect the rents and revenues and hereby deeds each tenant of the Property to pay the rants to Lander or LenW* agents. However, prior to Lenders notice to Borrower of Borrower's breach of any covenant or agreernot in the Sec dy knelt nerd. Borrower shall cded and receive as rents and revenues of the property as trustee for the benefit of Lander and Borrower. This aesigriment of masts consdkdn an absolute assignment and not an assignment for additional security only, N Under gives notice of breach to Borrower. (a) all rents received by Borrower shall be held by Borrower as trustee for benefit of Lander only, to be applied to the sums secured by the Security instrument. (b) Lender shall be entitled to collect and receive d of the rents of the p1topsify Land (c) each tenant of the Property sale pry d rents due and unpaid to Lander or Lenders agent on Lander'a written demand to the Borrower has not executed any prior assignment of the rents and has not and will not perform any act that would prevent Lender from wArrisitg Its rights under this paragraph 16. Lender shall not be required to enter upon, take control of or maintain the Property before or after giving notice of breach to Borrower. However. Lender or a J WkWy'appointed recover may do so at any time there Is a breactr. Any application of rents slid not cure or waive an�det any � M or remedy d Lander. This assignment of tents of the Property shat terminate when the debt sowed In full. 17. Foreclosure Procedures. Lander at its option may require immediate payment in full of ail sums secured bythis Security Instrument w%hM further demand and may invoke the power of eats and any other remedies, permitted by applicable taw. Lander shut be ME 14 to collect as expanses Incurred in pursuing the remedies provided in this paragraph 17. Including. but not limited to, reasonable attorneys' fees and costs to title evidence: N the power of sale Is invoked. Trustee shat record a notice of debt in each county hr which any part of the Property is located and shad raW copies of such notice in tM manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After "tits required by applicable law. Trustee shall give public notice of sate to the persons and in Me manner prescribed by applicable law. Trusts*, without demand on Borrower, shall sat the Property at public auction to the highest bidder at the time and place and under the hunts designated in the notice of ants In one or more pocals and in any order Trustee determines. Trustee may postpone sob of at or any pacd of tine irroperty by public announcement at the time and place of any previously scheduled sale. Lender or its designee array purchase the Property at any use. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's dasd shall be priest facie evidence of the truth of the statements made there m, Trustee shall apply the proceeds of the sale in the following order. (a) to M expenses of the sate. including, but not limited to, Trustee's fees as permitted by applicable law and assatsha attorneys' fees; (b) to sit sums secured by this Security Instnormt. and (c) any excess to the person or persons tegaify entitled to t. 1a. Reeonveyance. Upon payment of all sums secured by this Secuft instrument, - lender shall request Trustee to recomey the — PropNty and slid sumnder this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shell noorwy the Pmp ty without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any raordelbn costs. 10. Substitute Trustee. Lander, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hounder by on instrurnwit recorded in the county in which this Security instrument Is recorded. Without conveyance of the Property, the successor trustee shelf succeed to at the title, power and duties conferred upon Trustee herein and by applicable taw. 20. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Prop" Address. Borrower further requests that copies of the notices of default and sale be sent to each person who is a party hereto at the address of such person set forth harem. 21. ineligible for insurance Under the National Housing Act. Borrower agrees that should this security Instrument and the note secured thereby not be eligible for insurance under the National Housing Act within sixty (60) days from the - -- - date hereof, Lender (Daft: at its option and notwithstanding Oviiinrs in . FAmamph B_ rMike Irnmedrae payment An, MR of sit . eswred by this Security insirument. A wriiten'staterneni of any authorized agent of the Secretary dated subsequent to sixty (60) days from the tee haroM, defining to insure this Security Instrument and the note secured thereby, shall be deemed conclusive proof of such hsdgitift. Notwithstanding the foregoing, this option may not be exercised by tender when the unavailability of insurance is solely due to sander's We to remit a trodgege.insurance prerniurn to the Secretary. Riders to this Security Instrument. If one or more ciders are executed ti� Burrower and recorded together with this Security Instrument, the eovNtints of each such rider shag be Incorporated into and sha13 ame hd and supplement the covenants and agreements of this Security Instrument has H the rider(s) were In a part of this Security instrument. (Check applicable box(es)1. 0 condorrtlniwtt Hider- 0 Adjustablo Rate Rider Growing Equity Hider ❑ Planned Unit Otielopmant Rider ❑ Graduated S.cf� paysg Ft ' 17 lOthcr NI FA Addendum Q�e) -r(03i U(41tIh�) rr. f f� . Lty . u*1 J f f� . Lty . u*1 J