|
, ° � � , , �
<br /> ; _.
<br /> ..�. .
<br /> u . , ,
<br /> „ l "� - _ . .h.t.__�.._-.--...-...•._.�_..._��
<br /> .� �ti�Y1..-✓VR�1{�bPlulf'Yt�'N' ' .....� .. ............ . ... .
<br /> - .. ��.�at�. ... .. �_�.x.zaw-- �—.......___.�
<br /> /i _—..�.�....�_"_�_`..._._..__�..... '
<br /> � ' .. .��"_�___" _��'./�. --
<br /> � ° � 99p 1��0�8 -_
<br /> 10.t��in.."t��'�.i• Bona�vPr kas a ciaht to be reinstnted if Lender hus requfred immedtnte puymcnt i�►full �Y+"_
<br /> ' because of Borrower's fnilure to pny tur►nmount due uader the Note or this Sccurity Inatnunent. 'Thls ei8ht aPp��e�
<br /> ��:`,._
<br /> Borrower shall tead�r 1n n lump �
<br /> ' � � even nfter foreclosute proceedln8s nre Institute�. To ceinstat� the Secuctty lnsttument, ..�,
<br /> � s�sil►nm4u�ts eequired to bring Bormw�r's uccowu cureent inctuding,to the extent they nre abligatians o orroweP
<br /> .;;
<br /> . , nnder thts Secwity Insmurcent. forecloswe costs and ceasonable ond custam�y attomeye' fees nnd expeasa proPerlY "`^`"'
<br /> �ss�la•� with the foreclosure proceediag. Upon relnstnteraent by Borrower. this 5ecuriry lnstnunen� and the _,,�._,
<br /> �bligadons ti�at lt securu shalt r�taain in effect A�if L.ender had not requlred iair.ttdiate paya�at'ia tall• Ho�vever,
<br /> r
<br /> �.r ..
<br /> °� E Lender Is not required to permit reinstarement if:(i) l.euder has uGCepted rein:+tutement ufter the com�uueuoEmcA� of
<br /> ��; foreclosure pI�CC���pgg v��►� �'o y� ��stely pre�diag the cammencemEpt of a currenc foreclasure �'�
<br /> :�. Proc�3nII, (il)relnstatement will preclude fotzclosure on diffe��nSds in the tluuce,or (ili)reinseatem�nt �vlll �`°_=.
<br /> � advetsely affect the prtorlry of the lten created by tbls Scxurlry �:_
<br /> Il. Banower Not Relea�d; FaY6�e bY ls�der Nat a Wt�v�. Extenston of the time of pay�a�nt ar _ --
<br /> madification s�f umorttzatian of the sums secured by thia Security Inswment graated by Lendsr to any successor in L
<br /> ' � 1 interest of�nrrower shall not operate to celc�ase the Uability of the or�gfaal Borrower or Bozrower's suxessors �n -
<br /> lnterest. Lea�er shall aot be reguired to comm�nce pmceedIngs against any susr�ssor in interest or refuse w extead _
<br /> ' dme for paymeat or othenvise modify nmortizadptt� pf the sums secured by this Seairtty Instnunent by reasa�a cf any �
<br /> . �` demand ma�by the original Borrower or Bnrrro�ver's successors tn interese. Any forbearance by Lender in exerclaix�g -_
<br /> aay right or remedy ehsll not be a waiver of or,p�l�� �exercise�o'�fi�8h�e��� �d agieemeats of thls -
<br /> ' 12. Sa�sois aod As�dB�s Bo�i+daiat�td�1 L3�dsii�Y:
<br /> '. �:�`r. $�lujty iA�itl�oeIIt shell 61Ad eud beriBfit tLB 6AGC3oS�IS atid asst*yL9 of IRIlder end BotroNer.subjeci w the provlsions
<br /> mo a
<br /> . '�� of paragraph 9tb). Borrower's oovenauta and a�ts shall be joint und several. Any Bomowxr who co-signs this
<br /> Security Instnuaent but does not exe�ute ths Not�:(a) is oo-signlag this Secudry Inst�nt only w mortgnge,B�
<br /> Insnumentc (b)is aut peisonally e..:-.
<br /> . .�..: and convey that Borrower's interest in the Frnper¢y under the temns of this Security other Borroyver maY
<br /> obligated to pay the snms secured by this Securi�l:Insuwaent; and(c)agrces t�a� Lender and any
<br /> agree to paend.modif�►,forbear or m�lce any uocomrnndadons wit1��Sazd to the temns of this Security Tnsuu�t °r =
<br /> ' ti� Note without that Bormwer's consea� it or
<br /> . - 13. Notioas. Any notice w Borrower prn�nidad far in this���other m�hod. 'ilil no�oe shall be directed w -
<br /> :,,�...�,r bY malling it by first class mail uWes.s appltauUle law t+ei►uires
<br /> -'','. .::� ' the !'roperty Addmsss or any other addm,ss Barsotcrer designates by not[ce w Lender. Auy aotice to Lender shall be
<br /> ,..�`r,:._ b uodce w Botrower. Any
<br />�*`,•_` givenby&st class mail W Txnder's address siatra!�herein or any address I.ender desigastes Y �_
<br /> ����'�i. .� en have boen Riven to Bor¢ower or I.ender when givea
<br /> �1!?l�'� aottce pmvided for in mis�aauu�+ �"�t °�!!b��x°-�"�
<br /> • �P�� �II�p��h' t sha11 be gove�� by federal law and tbe lsw of tQe
<br />�:.::.,�?�'�:�� 14. C�a�ania� i�►:Sevasbility 17�ia Sec�ttaty Inssrumea �at or , .
<br /> -•`'�%���� jurisdf.cxion in which the Property is located. in,the event that any pmvision or clause of this Scc�arlry or the; :
<br />;;t'�`i��.+��� the Note oonflicts with a�pUcable law.sueh oonfIiat st�aU not affect ather pmvtstons of ttus Securlt3+Iust�ent
<br /> � ,,�Sas. Nmte which can be�va�e�fect vuithout the confliating provision. To this end iha pmvisia�us of this�ecurity Inst►u�ent , �p,..
<br /> 'A__:_L-"`�� and the Nate are declac�e� to be severable. �`
<br /> .=..u-,�.�:,�"'� ig_ B�awe'a G�py. Borrower shnll b$giuen one conf9ra�ed co�y of the Note and of this Security Lasuumen� , .
<br /> _. �� Borc+ower sball��►ot cause or permit the preseace,use.disposal���8��or relea5e o�:
<br /> ,��.`._.�..r.� 16. Hmcdous 9iilu�noes• Borrower shaU aot do.nor aUow anyone else to do, auYth� �
<br />-=°:�;s�f,,��� any Hay�rdous Substances on or in the FmPertY• two sentences sh�U�not aPp1Y�
<br /> --=�`-'.� affec�iag the ProPertY tha� is in violation of anyr Euvironme,ntai Law. 1Le preceding
<br /> �..---=�•.,_-�� of t[es of Hazazdovs Substances tbat are Seneralq+reeoE�
<br /> --�- the presmce.use.or storage on the Property sma119uaatt
<br /> �.:_.--�-.��� �be appropriate to nomnal residendal uEes and w m�iatenat►ce of the�P�Y• lawsuit or other acdo�
<br /> _�'."���":�'�``;n9 Borrowec sl�all pmmptly give Leader �vd.tten notice of aay iavestjgation� claim,demand+
<br /> -===z,�'=�� en or. rivate involvi�►g the Pmpeicy and any Hazardous �bstaace or
<br /> -- --- by any govetnmental or re$ulawtY a�t aI' P P�Y
<br /> n
<br /> Envlronmental Law of which Borrower ha9�I�owledge. If Bomower tear�s.or is codfied bY 8°th8e Pro�pscty '�s �-
<br />-:y �, . o r n�u l a t o:Y suthority,.that any remavat on other rewediation of any Harardonts Subseaaoes affectia8 .�::-
<br /> � �ri�r�s � a�fY,�Borrower sf�all pmmPtlY tuke sU'necessarY ren�al actions ia a o c�r d a u c e wi t h E nvironmental Law.
<br />-a``'�"�� !�s nsecl3n this parag�caPh 16."Ida�udoua Substancea" are those substances defined as tox�c or ha�r�Eous �ui►stauoe� .
<br /> _ --_�°�-� .bygavj�omnental Law and the fallo�v3ng setbtmnces: gasoliae,kerosen�e�other flam�nable os 2oxtc p�c+olaua products.
<br /> :.:�,.�,� .� to�fo pesticides � herbicides. volutU�t �olveats. m�aterials cantainiag asbe�stos or fom�aldehy�t. aad radtoardve
<br /> _,.._.��,.� � ��. As nsed in thia paragraPh 16��°Env'ln�n�ntal Law"means federal laws aad laws of the jur�..�dictton where
<br /> ��;s:.��a,;� the Propei4y is lo�ated that rclate to hoalth, safeCy or envlroamentaL protecflon.
<br /> ���,-r.�eo,h�;r.,. .
<br /> - �` NON-UNIFORM COVENAN'CS. Bonrotver and Lender futther o�veaant aad eg� as follows:
<br /> - 17. Assi� of Rami. Borrowsr �m�omdiclanally assigns and trans�'ers to Leader all the mats and revenue�� -
<br />-:?�w.,-:-.��._: --
<br /> `:�:.' �. of the PtoFertY• BorrUwer authorius L.ender ac�:ender's agents w ooUe�t thx m.�s aad r�weaues an�hereby dira¢s -
<br />- � '�''': each .t(¢u�t of the Propsrty to PaY th� � ��der or Lendet's agea4s. Hov�ever.prior to l,emcttr's notice to
<br /> �. Borca��re� 'of Borrower's breacl� af nay cflvenam or agceemzAe in the Securlty
<br /> Iastivmeat, Borrowa sl�ll collect a�d
<br /> � � receiv�e11 ceats and revenues of the PmpertY as uustee for tIlre beneSt of Leader and Borrowet. 'Ihis assignment.'of • .
<br /> rents constitutes an absolute assigameai amd not un assi�a�eat for additioaal secutity on1Y• .
<br /> 'h� If LQader P,ives notice of brearh w Saso�ver: (a) all rents reoeived by B�orcower shall 6e heid by Barrov�er as .
<br />:L._' .. ' � trustoe for benefit of Ixnder only.to be applled to the sn�securad by the�udty I�st�u�at; @) I�.d�r sln�be -
<br /> � , . endded tc►coUect and recelve all of the rents of tlae Property; and(c?�tenant of the Pro�atY shall pay aU re�its _
<br />- :-,�''~- -� _�_ �.__....•e ��.,�,t.�,d��s�vrittsn demand w the teaant. .. --
<br /> . _ �.:�,..*- QuC and�g'.�d io i�uca v. �.�.�-a-- ------- =-
<br /> - E Bor[ower has aot exocuced any prior assigament of the rents and has not and wi11 not per[orm anY a�� �1Ot�" :
<br /> - grevent Leader tram eaenising its rights uuder this paragraph 17. �_
<br /> to eater upun+take control of or maiatain the PropertY before or aRer givin8 noticx �;
<br /> � -- - ;= i�endzr shnU not tre requiced inted reoeiver may do so az any time t� Is a G�. �,
<br /> of bx+�ch w BorrQ�vet. Howevec. I.eader or a judictally aPP�
<br />_ GI96 =
<br /> .. �g�g� p�OP TBt�Y�' p�e 4 of 6 _'
<br /> — oonmcra��.Gr.cA�1016�?isbt =
<br /> �i .
<br /> '• i —
<br /> �
<br /> 1, _ _ . . .. ..
<br />
|