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<br /> � � (e) ltestricUons on Enforcemen� Notwithstandtng anyth3ng else in this Securiry Insdument,the Borrower -__
<br /> � shaU not ba obligated to comply wtth the covenants hereof,and Paragaph 19 shall have�o force aad effect, -
<br /> -..�-='�"`t 4 whenever there is no outstatiding bulsiace under the S�cond Note. 4
<br /> �;•n Ib. Forbe�tranre by IRnd¢c Not A�'Vaiv�r. My forbearanca by Lender in exercising any r��ht or remedY ���T
<br />',�,�.�--..,�,,,.�R �.:
<br />_; ,��,j_�� shAll not be a�vniver of or precl�edc t�e exercise of eny right or remedy. __
<br /> ,;,s.., ES. Susce�ors and Asslgas Boapd;Joint and Sever�l Liu6Uity. Barrower may not assign arry r��hts or �`
<br /> ubUgetions under this Security Insm�ment or t3ae Second Note,except w a�ust that meets the requirements of the
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<br /> �' Seeretary. Borro►ve�'s covenants aad egeemonu shall be joint and several. ��'
<br /> ; . q a:%A:;,.
<br />,,_.;,> .:;. 16. Nottces,Any notIce to Horrow�r provided for in this Secur[ty Ins4sument shaU be given by dotivering It or ;.,:,:,.
<br /> � �. by m�iling it by fust class enail unless eppltcable law requirES use of another meth�.'I4�e noflce shall be djrocced ��'�-�'
<br /> -.. ,:•��'Q=� �o��r�c�-,►naa�s o:�uy o�n��a�g�i aorrow�joway a�i��..P,ny notice to the Secretary sha� �--
<br /> ,...si i�:S' A'_'�
<br /> �:•; �t�V given by fitst cl�s mail W the HUD Field Ot�ice wtth jurlsdictian ov�r the Property or aay other ,_.;
<br /> , ... �.:•�.
<br /> dasigneted yy t6e Secretary. Any notice pmvided for ia this Security Instrua►ent shaU ba deemet�to bave been
<br /> � °-��.�,�' given to Borrower or Lender when given as provlded in thls Paragraph 16.
<br /> �`�-:�� �+%�'•:�'�:: l7. Goverairt�Law;Seve�Sility. Tdis Securlti►Instr�ment shall be govemed by IFederal iaw aad thu law af
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<br /> •• ,` � '`'<;r<: the juttsdict[an in which the Property is located. In the eveat that eny provtsion or claase of this Security _ _
<br /> ';;�p,,.k �,;..
<br /> ; .;•�t Iastrument or tbe Second Note centUcts with applicable law,such conflict shall noi affe�t ather pmvisions of tt�is
<br /> "', 3e�urIty lnstrnnncsat or tbe Second Piote which c�n be givem etTect wfthout th�cont]icHng pmvisfon.To this end ��;;..
<br />,`�"'�� the pmvtsions oft7ais Security tnstrument and tha Setond Note cire declarzfl to be seveiable. s,w'.:.
<br />:�„!.•,_.4�c,'.. -
<br />'m'�`'�'i��•`:r�'-��.' 18. Borr�ee�r°s Copy. Borrower shall i:a given one confoimed copy of the Secottd Nou and ihls Se�urltY
<br /> ��r%";,�; —
<br /> � �r�`'``� ����(�j�[iY+flia�COVENANTS.Barrower and Lender cove�nant ancl ag�r,ee as folirnvs:
<br /> �.y}:?�'� � H9. Assi�am�nt of Renta 8onower uncond�tionalQy assigas uad transfers w Lender ap t�s saents azed � «::
<br /> ����,:.-;,, �ev�nuss of t3�e P,,rs��erty. Borrawer aut�orizes Lender or II.endet's agents to callect the�and revenues and
<br /> �.-;,�•���;<ai, .
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<br /> r���,•r�;,>,� h�erEby.dincts eacla tenaut of the Property w pay the�nts to Leader or I.ende�s agents.However,prtor w Lende�s
<br /> -T�::_;;�y':%4� nottce to Bomower of Borrowes's breach of any covenaat or agceement in the fiecwrFty In#tru►r�ent,Borrower sbalt .
<br />--- -��•=::�z�'� collect and re�cetva sll rents and revenues of the Propecty as ttvscee for the beuefit of L.ender end Ban�ower.T6is
<br /> === - assignrment of nats a►nstitutes en absolute essigpmeM aad not an esslgament for add[Honal securltY only.
<br />__�_,::;,,�,,� If Lender glves nottce of breach to Bomuwer.(a)ell tenta teceived by Bonower sdell bo held by Borrower as
<br /> _.V.:,"`°� t�vsue far 6enefit of Lender only,to bo eppIied to the sums securcd bY this SecurItY Instrumen�N)Lender shap
<br />--- �'•`�= be eatlt�ed ta aollect and receive aU af tlee rents of the Property;aad(c)each unant o8the Pe+opeity shaU pay a�1
<br /> ��-�--- eti�s due and uapaidw Lender or Lende�'s a�ent on Lender's wrEttsn demand to the unant
<br /> Bormwer bas not executed any prtor essigament nP the eents ead has not end wW n�ot perfth First aSewrItY
<br /> _ _ would prevent Lt.ader from exerclsing its rights uader this Paragraph 19.axapt ns pro
<br /> - Insf�ument —
<br /> Lender shallQOt borequIrad to entor upon,take control ofor mai�aIn the Picoperty bafore oraRer givI�sgnasice
<br /> -------- ---- of breach W Bomovrer.How�rer.Lendar or a judiciall�►aPAeintd reaiver may do so at any►time thare i.g a bteach.
<br /> Any npplica�ionof renb shaU not cure or waive aay defaulc or invalidate aay ather r[ght or nmedy of Lender.'ILis
<br />-- �- -_= a�sipp�mmt of reats of the Property shaU urmfiaate wken ti�e debi socured bY d�is SxurIt7+Iaswment js paid in
<br /> _ _ —� full, ,_
<br /> �-� -= 2t�. �r-�uw'�;ea�er.�are. if E��:s��;�E���mps�e�*_!�Se!1 ander[�ara�raph 9,Lender �
<br /> at ib optton m�y e�ute+e tmmediate p�yment in taU of all anms seeurcd by this Security Imtrament aeltltoat
<br /> � - furiher de�nd and may invoke the power o!atle�nd any ot6er rem�p�mttted by appltcs0k law.
<br /> I.eader eh�ll be enWled W oollxt all e:penses incnmed in pnraning the remcdta in thts Pae�geaph?A.
<br /> - iaclndin�,bIIt no!limttsd to,reaaunabla atWrneya'tas artd oosta oi tltie�videna.
<br /> If t6e power of aale is involced,�Yost¢e ahaU reoord a Qotke ot definit fn each conntq in Mhlt6 s�ny p�rt
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