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<br /> ,::� . ,.,� • 10. Reinri�tanent. f'sorrower has a right to be rcinstated if Lendcr has requircd immcdlatc payment in full _,
<br /> •--�....:�•;..;�� because of Borrower's failure to pay an amount duc undcr thc Notc or this Sccuriry Instrument. This right applies �f
<br /> i:.
<br /> even after foreclosure preceedings are instituted. To reitistate the Security Instrument, 6orrower shall tender in a lump
<br /> • ° � sum dl amounts required to bring Dorrower's ar:count current including,to the extent they are obligations of Borrower _
<br /> � under this Securiry Instrument, foreciosure costs and reasonable and customary attomeys' fees and expenses pro�erly �
<br /> -ti�'��n associated with the foreclosure proceeding. Upon reinstatement by Borrower, this Sccurity Instrument and the ��"
<br /> �a obligations that it secures shall remain in effect as if Lender had not required immediatc payment�in full. However, �_;._
<br /> Lender is not required to permit reinstatea�ent if:(i) lxnder has ar.cepted reinstatem+:nt after tl�e commencement of __
<br /> •� ' foreclosure proceedings witbin cwo years immecfiately prer.edi�g the comnxncement of a current foreclosure
<br /> �_ prc►ceeding, (ii) reinstatement will preclude foreclosute on different grounds in the future, or (iii) reinstatement will
<br /> _ • . ;� adver.sely affect the priority of the lien created by this Security lnstn►ment.
<br /> � ll. Borrower Not lteleaeod; Forbeac�cx bY l,axler Not a Waiver. Extension of the time of payment or
<br /> � g modification of amorcization of the sums secured by this Se.�curity Instrument granted by Lender to any successor in
<br /> • interest of Borro�ver shall not operate to release the liaUility of[he original Borrower or Borro�ver's successors in _
<br /> _;�;;�,. �:' interesc. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend
<br /> " ' � • time for payment or otherwise modify acnortization of the su�rs secured by this Security [nstrument by reasun of any
<br /> -. • demand made by the original Borrower or Aorrower's successors in interest. Any farbearance 6y Lender in exercising
<br /> _;;�, any right or remedy shall not be a waiver of or preclude t6e exercise of any right or recnedy.
<br />:-�� �-. 12. �ston and As�ibn�Baiod:loint mi S�wa�l Liae�ity;Co-Sigpers. The covenants and agreements of this
<br /> - Security Instrument shall bind and benefit the successots and assigns of Lender and Bonower, subject to the provisions
<br /> of pazagraph 9(b).Boaower's covenants and agreemeuts shall be joint and several. Any l3orrower who co-signs tliis
<br /> Security instrument but does not exeeute the Note: (a) is co-signing this Security Instrument only to mortgage, grant
<br /> , and convey that Borrower's interest in the Property under the ternu of this Security Instniment; (b) is not persanally
<br /> ' �.:�•� obligated to pay the sunu secured by this Securicy instrument; and(c) agrees that Lender and any other Borrower n�ay
<br /> agrPe to extend, modify,forbear or make any accomrt�odations with regard to the terms of this Sec:urity Instntment or
<br /> • ' � '` the Note without that Bartower's consent.
<br /> 13. Notias. Any notice to Borrower provided for in this Security Instnunent shall be given by delivering it or
<br /> by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to
<br /> � ' the Property Address or any other address Bonower d.esigr,ates by notice to Lender. Any notice to [xnder shall be
<br /> � � given by first class mail to I.ender's address stated herein or any address Lender designates by notice to Borrower. Any
<br /> nocice nrovided for in this Security Instrument shall be decmed to have been given to Bonower or Lender when given
<br /> _ � �`� , as provided in this pazagraph.
<br /> - 14. Govecnina Ls�r:Sevaabiliry• This Securiry Instrument shall Ix govemed by federal law and the law of the
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<br /> - .�•_•��: jurisdiction in which the Property is[ceated. In the event that any provision or clause of this Security Instrument or
<br /> • the Nate couflicts with applicable law,such conflict shall not affect other provisions of this Security Instrument or the
<br /> "" " Note which can be given effect without the conflicsing provision. To this end the provisions of this Security Instrument
<br /> �•��`����`f and the Note aze declareci to be severable.
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<br /> �•wa�-•��•� is, gocro�rer'r Copy. Borrower shall be given one confom�ed copy of the Note and of this Security Ins:run�ent.
<br /> • • "�` 16. Haticdoua Sl�bstmoa• Bo�rower shall nut cause or pernut the presence, ase,disposal, storage, or release of
<br /> i�,,;�,'�;::��„• azly H3z3td0u5 Substances on o� in the Property. Borcower shall not do, aor allow anyone else to do, anything
<br /> ,..._:�;;; affecti»g the Property that is in violation of any Envirotunental Law. The preceding two sentences shall not apply to _
<br /> ---- the prc�sence, use,or storage on the Property of small quantities of Hazardous Substances that ue generally recognized
<br /> " �"""-"� to be appropriate ro nom�al residential uses and to rnaintenance of the Property.
<br /> <<..A.�.;°� :
<br /> .�,�:- Bonowr.r shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action
<br />-�i�'"~' by any govenamental or regulatory agency or private party involving the Property and any Ha�ardous Substance or
<br /> • Environmental Law of which Bonower h�s accua� knowledge. If Borrower leams, or is notified Uy any govemmental
<br /> _ ,,,, or regulatory authority, that any removal or other c�emediation of any Fiazardous Substances affecting the Property is
<br /> . _ ^• necessary, Borrower shall promptly take all necessary remedial ac[ions in accordance with Environmental I.aw.
<br /> .' As used in this�+aragraph 16."Hazardous Subs[ances" are those substances defined as toxic or haarardous substanccs
<br /> ,—.:..at,.:.... ' by Environmental Law and the following substances: gasoline,kerosene, other flamrnable or toxic petroleum products,
<br /> ��'"r��"*�°� toxic pesticides and herbicides, volatile solvents, marerials containing asbestos ar forcnaldehyde, and radioactive
<br /> •�"� '� materials. As used in this paragraph 16,"Environmental Law" ineans federal laws and laws of the jurisdiction where
<br /> ' the Property is located that relate [o health, safety or environr.zental protection.
<br /> � � NON-UNIFORM COVE[YA[YTS. Borrower and Lender further covenant and agree as foilows:
<br /> �, 17, Assignmmt of Reats. Bonower uncondi[ionally assigns and transfers to Lender all the rents and revenues
<br /> ' of the Property. F3orrower authorius Len@er �r l.ender's agents to collect the rents and revenues and hereby directs
<br /> �> each tenant of the Propercy �o pay die rents to Lender or Lender's agen[s. However, prior to Lender's notice to
<br /> Borrower of Borrower's �ireacl�i of any covesiant or agreement in the Sec:urity Instrumen[, Borrower shall collect and
<br /> ' receive all rents and revenucs of the Property as [rustee for the benefit of Lender and Borrower. 'I'his assigcunent of
<br /> xents constitutes an absolure assignment and not ar� assignment for additiona� security only.
<br /> If Lender gives no[ice of breach to Borrower: (a) ali rents receiv�•d by Borrower shali lx held by Borrower as
<br /> trustec: for benefit of Lender only,to be applied to the sums secured by the Security Instrumeuc; (b) [..�:nder shall be
<br /> enti[led to collt�:[ and receive all of the rents of the Properry; and (c) each tenant of the Property shall pay all rents
<br />`� � duc aud unCaid to l..ender or Lender's agent on Lender's written demand to the tenant. ;
<br /> i Borrower ir+s not executed :uiy prior assigntnenr, of die rents and has not and wiii no� periorm any aci iiwi w�u�u
<br /> preve�t Lender from exercising its rights under this paragraph 17. I,
<br /> � Lender shall not 6c required to enter upon, takc cuntrol of or maintain thC Property bcfore or after giving nocice i
<br /> : , of breach ro Borrower. Howcvcr, Lendcr or a judicially app�intcd r��;eiver may do so at any tim�� dure :s a broach.
<br /> ! NEgItASKA�I�t{A DECD OF TRUS"1' �'
<br /> • Duunxni S�+ccnu.liv tb'IXb W7.��b2 �;1�'l'd uf 6 •
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