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<br /> 1�. s�ece.o� ..a Avp.ao�ndt,�.iM.Ma�eva�l L1.aWy: cu.si�sas. Thc covmuus ard��a�r�c�as of tbi.
<br /> — -.----__�� � �{� �t elu�l! bind and Iw�fit 11� Ruoaauc►rn�ad w4lga► nf l.aider aad Aoinower. wb,ject a the pnviciont of
<br /> pMynph 9.b. Borrower'�oovenna and �roaocets s!W! be j4iot and savenl. My Borrower wdo co-d�Ibla Seauity
<br /> � �atn�mwt but doe� not execu�e the Nate: (�l is oo-si�niu� thh Security lasaumeot anly to�e.�r�t iud convey Uut
<br /> Bom+v�er's itMaest in tAe Prop�aty under the ternr of 1hi�Sctiwity InRlnammt:(b)is not petsooally nbli�tod W pay the wau
<br /> _. �4c��a1 hy tbfR Secu�ity Ie�arM;�nd(c)sgroea tMt I.ad�e��nd�ay dber Bcxravrcr aaay�groe a exknd.modify.forbear or
<br /> - -- apke W'a000mmodatlam witb ro��rd to tha mtont of this Savriry Iw�trument ar t4o Not�wid�out thu Borrnwu's cotmaa.
<br /> -_-�-�---��ff---�,
<br /> 13.Nafloes.A�ry natice w Bo�awer provWaf tor ia t61s Soa�rity Imatnunau shdl be�ivea by dtJivetin� it or by rmilia�
<br /> - — it by fitu class m�il unlac�pplicabb law requires tue af�nather nnuhod. The mxi�shall be dlrtxced co the Property Address
<br />-'<"r or any ad�er addmss&►nuwer desi�nates by notioa ta Le�xkr. AtRy noticc ta L�end�er sl�all be given Dy fitstl class m�il W
<br /> l.eader'a addnsa s�ated herein or any addras l.aider desi�tes by notia ta Barmatr.My ciotbe providcd for io this Socurky
<br /> IaiUuma4t�II be deaned to hwve beeo�iveo to Horrow�er ar Latidcr wbea��ivpi ps pmridod iu tt�is para��apb.
<br /> . UI. Gweu� Luw; SevdrWiity. This Sa;urity Insttument slwll be �ovemad by faderal I�w �nd tho ltw of the
<br /> -� ,�urisdfcdo�t in wl�icb�he Property 1�loanod. In�he eveatt that�ny provision or clause af this Security Irotnu�a�t ar the Note
<br /> � c�ontitet�v+tt8 a�pLicaAfe law.such oa►flict slwll noi af�'ect otlier pmvlsians of this Security Inurumau or the Note which caa bo
<br />- givem e4'fect wid�oqt tErp 0008�g pmvi�iwn.To thi�end�1ie pmvlrioat oi'this Secudty Inapument aod the Nato sre doel�tod
<br /> io 6e severable. �
<br />-- - IS.Borrower's Copp�.Borav�wer s6ati be�iven one ooniamiad�qp�y�oi this SecuticY i�trumem,
<br /> II� As�nmeat oi R� �rrower ur�conditiona�[y assigns and trarosfen to Lencley all 1he rents nnd nwenues oP the
<br /> PnopeaRy. Borrower authorizes l.ender or I�eudet's agems w colloct Ihe rents and rcvenuex uad hereby dinectc e�ch tenunt aF ihe
<br /> ;;; hpptrty to pay tAe rents ta Lenler or i.ender's�. [�arvever, prior to[.endcr's notice ta Bomower of Borrower's bnach of
<br />-"`� a�r Nivtnant or a�roemcnt in the Savrity➢msuuenem.�orcuwer st�ll wllect and recelve all rents and rovenucs of lhe Property
<br /> �S OCiu�vIOC Fpi fI{C IICIICF�� Of LCIIiI@I Alld 80f10WGr. Thas�vsi�nmeM of ra�ta oot�titutes an absolute�ssi�nment and aot m
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<br /> � �r�.�nent for additiotwl sawrNiy anly. '
<br /> ,� If Lender gives notia of brcach to Borrower: (a)all rents�ceived by Bomnwer shall be held by Borrower av wsta for
<br />_„.� � � beae'Fi1 of Lender anly.t�o�6e�lie�l to the�uma savrod by the Securiry Inslrumcnt;(b)Ler�der atwll bc entiUed to colloct and
<br /> __ . _ _
<br /> • , ; �.receave�11 of the rcnts di the�Froperty: and(c)each t4�.;qi{bf Pn�r�riy�.shalL �,y:all roats�due aad wg�id to L�e+�der or
<br /> ' •' �t , •';�, t,erKk�r'a a�ent on I.ender's wariaten demand to the tenant,
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<br />_":`• I � ' �omawer ir,r�nd execW¢ea any prior asgignment of the rem� aid hps not wr1 wi01 na perform any act that would prevent
<br />`::'`� ' Lxndcr'!rom cxe:cisY�its rig4�ss under this pamgraph 16.
<br /> :ix�nder shall not be required to enter upon.tekc contrd of or meiMain��e P��peaal. heE�a�c or afYer giving notice of breach
<br /> to Barrower. However, l.ender ur a judicially appointed rcceiver may do s��aa auag-tame ►heae ia a brcach.Any application af
<br />_ rents sl�ll not cure or waive any default or irvaltdate any other right nr �emecay af l.e�deK.'thws assignment of ront�of the
<br /> Property shall terminate when the debt secured k+}•�he Securiry I�trumen�is pai�l i�faG].
<br />- NON-�7MFORM COVENANTS.Borrower a►Kl I.ender funher mvennnt end agree uc!'��l,ows:
<br /> 17.Foreclasu�r Procedure. If[.ender requirns immediate paymenl ia fuil under par�raph 9,IR�iIEI'QO)AY�AYOIIC[IIC
<br />-!i . .` " , power ot sole and Aay other remedies permllted by applicable I�K. l.ender sholl be entiUe�Y Ra eoGGect A3� rxpenses
<br /> ,;,,;� incutred in pursu3ng tbe rapediai u�der Ibis para�rnpb 17.Indu�iag, bat aot limited to,rease�wble�e�aeys'tees�wY
<br /> a aoWr of dtle evi�k�e.
<br /> s' l`j If tue power ot sWe is ia•volced, Tn�stee shWl re�rord u nolke of defautt in esih county in w�ich poav part ot the
<br />- P►o�erty(s locatal and slwll mail rnples ot such notice In Ihe manner prescribed b;���pplicable Ww to B�►rrower aed to
<br /> �.' ,'.. ; � tf�e othct pe�song presc�ibM by�ppltcable law.ARer the time r+eqWred by applirable law.Tn►stee shall giv4 pu�blic notice
<br />._�� o[s�le to the personv and in the manner pnr�cribed by applkable Ww.Tn�stee,without demaedl �an Borrower,slwll sell
<br /> - ___ - the Pruperty at publk auctba to the hlRhest�bidder at Uie tiuie and place and under�he terms des�tnated in t0oe naNice of
<br /> -- — - - Q...' sale In one or more pa�rcels aad la eny order Tn�tec rt�et�ermMes.Trustee mA� pas��po�e sale ot all or any pamceC of the
<br /> - ':>�' ProP�Y bY P�Wk annou�xrm�eat at the time�nd pYs�c�e of any pnwlously sched�alN 5ale. [.ender or fts desiguee may
<br />.�, J�- '�'" purclu�se the Prop�rty pt aqy B�Ue' .
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