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<br /> '.����.�,,��'; ,� a►r�.��•r.•�a�+u�ua er r.r�w+oo�+�wa br�ee s.«ewr u�u»�•••or wr��aea�u,,�ev�
<br /> (ouwat.c.p�r�b mu ot.0.uw�ecuroa by�ai�securitr�nurwom�ir:
<br /> �'�'"': (i)Bortowa detwlu by f�itin�to p�y ia tuU�ay moathlf p�Y�t nquued by thi�Secudty lauNmmt pdor to ar oa
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<br /> _.. ;,.:,y.k�,.••..•, „ tbr dw due ot th�a�t moothly paya�eab o�
<br /> . 'I•',.,; _. ., ' (Ul�o�r def�Wts by f�Waj�fo►�period ot thittY d��n�lo pertorm u�Y�obli�atbm contdned In thb Sav�ity l....i,------
<br /> ;�p�'�6,,�., imtrumeat. law nd�vWi Ide prkK�PP�"�°«0$0G'�'•��0
<br /> :� � ..:� , M&It VYNYwt Ctit App'erd.Lerder�NII�U peanitoed bY�!PP���
<br /> � _ "' ,_ �pMO�di�1e p�rtaeMt ia fnq at�p Wo wms�ewtad by�hb Soau�[y i�nunuat U: � -� _-�-_---_
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<br /> ':� ry ' (i)A!1 ar prt d tha Pmpeny is a�borwi�e tnaskned ladra tMn by davtae or daoqo�l� Bortower. aad �
<br /> �— , ._.:.s..�;.,•.,..° (U)71e ProputY i�an1 ooaq�d!'�he Purcdne+�r iwNOO o his a her ��raida�oe�a�he pund�er m
<br /> - �unoo doea�o aoc�py dio PropatY but Id�a hx aodM lu�t not bes��i000rdmoe iho�eq�m of da Soa�Y• -----
<br /> ' ", .''�"`," fc)N�W�.If cl►cumuances occur tAu wou�d Pe�m�k°d�to roquim immedGue payment in tull,but I.ende�daa not "`�=- --
<br /> "'� Y �y��,p�y�pa�u�I.eader doa rtot wdve itt rl�ht�.dth raP�to subsequent ovents. �,�;� - _
<br /> � .f"�.. ,, � l�►��IMi��of fIUD 8�aebK7•la m�nY dreumstu�ca refn6�utio�m isaued bY tdo Socrct+uY wiU UmIt Leader'�dahts.in �. _
<br /> �'��' .., �p�ot�uat�o�l�a�oodnatio�or fo e�closute i�t aot permn�te�y re;ntatbnt o9 l�he it n�d.T his SecurFRY lasttuaeat doa —
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<br /> ^ ' M. �t. Bwrorrcr Iw a rijht to be refiut�ted if Leada Ras reauirod immaiiate �ymeat in ful� b�cnwr of
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<br /> ° Botrorver'�fi�!►im to ptY+A amouat due uader tbe Noto or tdis SecntkY lastcuweat.This ri�l►t�►pplies aen afler to�eclosurc K,;.�x_,
<br />. Botrower ahall tender(a a lump swa aU amouats aquired to ��"�_�.---��..`
<br /> A prowedinp am 6Wituted.To retastate the�ecurity laqn�mrnt. �,�•,•��«:.:_�
<br /> C �oivuw�xrin ti.:.
<br />,^y+ - _ briaj eorro•na's a000uat cunen�inclad�ns.to the ex�ent they aro obli�ati�aa at Hortower unda�his Securi�x losuumeab �:-_-_.:.. .._..
<br /> •a 1 aasociated with �de foreclosure
<br /> torcclosure costs aad �awnable aad customary attorney'a Pees and expenses Proper Y �°:_--_
<br /> proceedia�,Upou rdnsutement by�onowet.this SecuritY I�t�od tbe obUaations tluu it securcs shdl remain in rf Poct as t.� -
<br /> i�Lmder had aot roquired immediate paymau ia tuU.How�ever.4ender is not required to pemnit reinsta�ement if:(i)lrnder hu ;.
<br /> �o c e p t o d r e i a s G U a n a�t a f t e r t h e c o m m e n c e m m t a f f o r e cbsuro procadinQs wUhi� two years immediately precedin� the �:��:`
<br /> � comaiaaoemeat of a current foroclosurc proceedlna.(ii)refnstatement wiU preclude forec losure oa d i f i e m en l 4 r o u a d s i n t h e
<br /> � � , i�turs.or(�l��t�t��versely a(fect the priori�y of the lien crsued by this Secu�ity Insuua+en�t.
<br />- ` � 11.�arower NW�z For�e.n.ce sy I,nder Na� W�her.Extension of the time of psymeat ��r modification of ��-�..�__
<br /> � ' wonir�don af the au�as�acurod by thia Security In:trument granted by Lender to aay suocessw in interest oi Horrown shall not �:�:,�,:�:
<br /> �:• �;:.,�:
<br /> � opaate to relaie the liability of the od�imi eorrower or Bocrower's:ucoessor in iaterest.L.eader shall not be requircd to ,,.,,,,.•,;"��.
<br />_ .°.,� •1 ' commena praceedin�t a�alau any suocawr in interat or rcfuse to actead tGne for psyment or otheiwise mndify amortirat�on .•. r.t;`.f.�.t�;,�#y��;�.
<br /> , , ot the sums saured bY this Secutlty ��suun"ent by ra�wn of aay demand msde by the orlQi�l M-rawer or Borrower s ' �
<br /> succason in iaterat.Any forbeuaoa by I.ender in aaercUin�u►y diht or rcmedy ehall not be�vraa��r oi or preclude the -�����t� �;�
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<br /> _ �F�r� � exercbe of any ri�t or remedy _ ' --,
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<br /> ,�,,::• ,., • l2.Soce�a�ud Awl�n Bo�rd;Jo1Mt a�d&�ernl IJAYit�;Cu•S�urs.Tha covenants and agreemenu of this Security � . __
<br /> �� •.'`:'it!•,.. . P ,r�; �:--
<br /> � .,;,,. I n s t r u m e a t s 1 u U b i n d a n d b e n e 8 t t h e a u c c e s s ors and aasi Q a s oP Leadeu aad Bonower.subject to tUe provisions ot araarapA 9.b. '�.t:�;�s�-
<br /> • ' � HoROwa's cavea�els aad�reements shdl be joint and several.Aa�Bortawer w ho w•�igns t h is Securi t Y I n s w m e n t b u t d o a
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<br /> ` , + � � _�� not execute tt+e'��e:(4)is co-sigaing this Security Inatrument oniy t�aa►a�ea8e.�a�st and convey thaa 8c►rtower's interest in . �`.;�`�
<br /> � l�,k�,;�.".. ._; °� the Property u��la.7 the terms of ehis Seeudey Inscrumeat:(b)ic not penonalry abli�ted to pay the sums secured by this Seeudty �,,�.,,:-LL•'--
<br /> ��� ��� �' �, Instrumrnt; and (c) agrca that Lender �nd sny other Borrower may agree to extead, modify, ic�rbear or mahe aay = _.
<br /> � 3`.`�i��'' , e�rd to the term of ehis Socurity Inurument or the Note without that 8onowePs coiuent. �---
<br /> . ,.t��;cr,�:•., Mxommodatioro with r m ^��
<br /> � � 13.Notices.Any notice to Borrower providod for in this Secudty inatrummt shell be given by deli�•e�in�it or by m�iling it by �' .^ -��'
<br /> ' .. ,� Mt cl�ss mpU ualas appllcable law requ(res uie ot another methad.The notice aholl be dirccted to the Propeny Addras or any
<br /> ' ,'i.' other addrcss Borrower daiQnata by nouce to Lender.Any notia to I.ender sh�ll be given by flrst class onail to Lenda's address i �t,
<br /> atated fierein or any nddras Lender dai�nates by notice to Borrower.Any nodce provided for in thi�Security Instrumeat shall �. � _
<br /> •�� �' • be damod to have ban Qiven to Bonower or Lendcr when�ivcn as provided fn thi�paraQraph.
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<br /> •�/._'i>',' 1�.Gonral��i.�w;Se�erabWty.7'his Secudty Instrument shall be governed by Federal law and the law of the jurisdlcUoa in L:�:��.:�.__-
<br /> • r�:•%•�:j��; .�.••�,'1•�,, wbich the Ptoperty is loated•1n the event that any provlsion o�clause of thls Secudty Instrument or tF.e Note conflicta with ap- �.--•
<br /> .• � ' �;;rt;ni: . � plkable law,�uch conflict shall not atfoct other provisions of this Secur±':y Instrument or the Note w�ich can be given effect �� `?� .
<br /> " ' '"'S`'��,� '', "•' without the con+'lictin�provis{on. To thts end the provisions of this Security Inttrummt and t6e Nae ote declarcd to be
<br /> � ' ;;,t'��y'�� sevenble. ��,t.�.r� • :t
<br /> "::•� ��`=:5;� " w of this Security Inslrumrnt. •��'�s""`��
<br /> � ,;{��:, 1S,gurrower'�Copr.Borro er ahdl be Qiven one contormed copy �, .��,
<br /> k Ir`,.Ryp�}. •{••J,',�r,i,.•
<br /> t��,' ..,,, ' " 16.AdRrse�t ot Rnh.Borrower unconditionally assigna and tranafers to Lender all the rrnts and revenuaof the Property. .��5;:�,5���;;,-.
<br /> p) Borcower authorizes Leader or Lender's agent�to collect the renta and revenua and hereby directs each tenant of the Propmy 1��?ti'.�}y 7 f° ��`•
<br /> . �!.!,�itrr'_:':.;'',: to pay the rents to Lender or l.ender's agents.However,p�ior to Lender's notice to Borrawer of Bonnwer s breach oi any cove- (,�:;,.'.,�,l;��-��.
<br /> � �r�� nant or agreement in the Seru rity Instru m e n t.B o rt o w e r s h A l l c o l l e c t a n d r e c e iv e aU rencs and tevenues of�he Property as trustee '<<-� �•�,'` ���"�'`
<br /> , `4{;t.','�;:.�.. .�.....�(.. ����'�)(•,'
<br /> ' ..'.f1,�:;;'�,:t;:�, for the bene0t of Lendcr anci 8mrower.Tnis assiQnment of rznts conriituta an absolute assipnment and not an assignment for g�`._,,;;.:; ..�,;�t
<br /> � '.;;�i;^;}S;y�' a�ditional securityonly. }'���;i� '. �
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<br /> �;_ : �: "•� If Lende�r gives notice of breach to Borrower:la)aU rents rersived by 63o rTOwer shall bc he�J by Bavrower�s trusta tar bene�it � ,
<br /> ,.;;�,.,ti �•� 4', of Lntdet�oniy,to be epplied to the sums secured by the Security Instrummt;(b)Lender chall be entiNed tn collect and teceive a11 �•
<br /> '��F f.i(', oi the renu oi the Property:and Icl each tenant of the Property shall pay�all Tents due and unpatd to Lendet ar Le�der's ngent 1 '
<br /> t t.�i,;;;,��•,; ., on l.ender's wrinen demand to thc tenant.
<br /> tJ�'°;�'�'-';i.,, Borrower hu not execuied nny prior assignment of the:e�:s and has not and wi13 nrn �erturm any act th�[ wouicl prevent
<br /> ?'i'��,`F'���'��.�.�,' •
<br /> <<��`� C.r, l.endcr from exercising i�s righis pnder this parugraph ib.
<br /> �E .����`}�t�'t'�,;"��j Lender sN.all aot be requited to enter ul�or.,zake control of or maintain^!ie C'oo�eriy�before or after 8ntiin�notice of breach to ,
<br /> �`�r,�•'�•.!1�1;,.;'::i,;.j gorrower.(Fiowever,Lendar or a jud;c:at;g appointed receiver may dr an ac a�y•ume tfiere is a breach. .�ny applicution oP rents ,
<br /> ''�t��•��• '' �`4^� ' shall not curc or waive any detault vr iravafislate any other right or remedti�oi Ler.der.Tfiit a��i8nmeni ef ren�s of Ihe Propetty ',
<br /> '�;:;{��'� � �hall tcrminate wMen the debt secured by 1he 5ewrily Inslrument is pa�d in Va��. �
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