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<br /> ` �` ' 1' ' I AN or °s�ot ihq �+ ,er e h�n�tic�J h�tsrcat!n A truet ownina eM ar pMA at the prapwTy e aa c cx athorwise �"x 4 r.}' --
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<br /> •.- tr�nsfatted(othtx than by devisa ur du�un��l)Gy lha�Gu��u�v:r',�i�� _
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<br /> , (I�Ttte F'�ropeity 1�not occuQlod by tho purohaser or prxr►tea ee h!e or h+K tNktc�iAl(or �e..onduy)roaldo�wa,or the ;�
<br /> � � , pttrcheeot or pr�ntee doa�so occupy the 1'�opeity, but hle or h�r c�edN hne nof baon epproved h�accorcS�u►a�wtth _.�__
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<br /> � ihe tequlranta�te ot the 8ccntaiy. ____
<br /> (0) No W�tvsP. If ckcumatenc$a ocau�thd woutd permll Londer to nquks tn�n�edtata paym�►t ln Ri9, Aul t,endsr �, • - -,
<br /> _ _. - doee npt rec�ulre euch paymentr,l,�nder doie not waN�ke dphta wtth reapect to euboec�uenl avanld, �•
<br /> � � ._� (d� ReputaticsnM c►f Hl1D 3oaretary. In mtny c�ruumat�nceA r��at�itona isaued by ti�e 8ctrat�y wki ucntl -`_ _ — - -
<br /> - . . _. . ,. �111'- . .. � _
<br /> Lerldet'o dQhts, M the�'Aee oi�►ymeni dviauiid, 2� ft;�u5� lmm:d?�'9 F�,'ttt'stt h► lttq t�tt1(�a�k'^w M na!(�xt.a.Ti�4:s
<br /> -;-- - . Socurfry instrumant doea nat aulhnrite a eu��'a t i a i o r t a t c�:u r a N n a!�t'.i S e d q y'r o!l�3 t�^i t?4I 111e 3�e t l n e. � .- ,- _ _-
<br /> 1 Q. R e t�a i e�t e m e n t. Q o t ro w a h e e a r I Q M t a b e r e l netatal N londar hae�v qakad Immad��te payment In NN becaueo ot
<br /> Qotto�vM'a fatiure to pxy an emouM duo unde� the Note or thle Securiry In�Uument. This�ipM aDpllee evan eRer toractosuro , •,
<br /> � procacsdinpe are IneNtuted,l'o re!nat�te the Secu�lry Inetament, Ho�awe►oh�ll tende�In a lump aum aA�mounta�equfred to bdnp , ,
<br /> • " BQRGWM'e aacouM current Includfnp,to ihe oxtenl they nra obllpatlono ul �orrowa►under thla 6acu�iry InatrumenG fwectoeure ?
<br /> � costa and m�sonabla and c.�+stqmary attomeya'toea nnd oxpeneea property Rsaoct�tod with the torectoaure pmcoading.Upan „
<br /> , roinatatamcni by�fartower,thla Secu�lry Inatrumnnt and tho obtigatlane that ti eocurea ehnll rc�nain In ettact ae If Lendat h�d not ,
<br /> raqulrAd Immndiate payment In tuH. Howaver, Lenda I� not tequkad tA pennN reinatntomeni Ifi A) I.ondo►haa aCC.�ptad
<br /> ralnstntement after the comma►cament ot torectosure proceatlkigr wNhN two yeero ImmecN�tey procedtng tho commonc�+mont ot a
<br /> • , cunent tatodoauro proceeding, (Iq rainatatoment wlll precludo tarociosuro on dlife�ont grounda In the Nture, or (liq rotnstatomnnl
<br /> ', �vtU advar4cQy sitoai the pdodry a1 the Uan craatad by thls 9�scudly Inetnimnnt. �
<br /> ' 11. Borrowe� Nat Relaased; Forbearana4 Sy l.e�der Not t�Waiver. �xtonuion at tno ttma a1 p�ymuni ar ;
<br />� m�dltieatlon oi amarilzattan o1 the auma securod by thla 3acu�iry Inetrument�rantnd by I.ondot to Rny sucGassor in Intaroal ot
<br /> 8ortowar shall not operata to rotease!he Ilablllry o1 the odginal F1aRawar or Bortowor's sucaasoor In intoraot. l,anda shaN not bo
<br /> requirad to a►mmenae procQedings egalnat any successor In Interqst or ratusv lo oxtend Uma lor payment o�otherwlaa modiy •
<br /> � emoAizetton ol the suma secured by thls Socudty instrumont by reaaon o}sny demand mado by tho o�ig►nal SoROwa or �
<br /> • Bortower's succasROre In Intarest, My torbearenco hy Lender in oxarclsinp eny right of tamady shatl not bp a walver of or . .
<br />. procludo tho exarc�se ot any rlght ar romscty, '
<br /> y?� $11C008sol8 Httd Assigtae�ound: Jolot And Sove��l Llabllity, C�S1�MQ!�. The eovonant3 end . . ,
<br />, ngreomonls ot thls 8ecudty Instrumnnt shall bind Etnd benaGt ihe eucaflssare and a9siqno p}I.ende►and Hortower,oubJect to the
<br /> . provislona ot PA�agraph 8.b. 8onower's covonanta and ayre�monte ehall bo Joint and sEVanl. My Borrower who cc�slpna thls ! , _�
<br /> 8ocurity Inshumant but daes no1 exocute ihe Noto; (a)Is co•siflnlna this Socudty Instrument anry to mortgago, grent Rnd aonvoy I • �:
<br /> � that Bartowor'3 tnteres!h►ihe Properiy undar tho torms ot thls Securtty InstrumanL• (b)19 not pQrsonely oCligatad to pay ih� ; ,
<br /> • sume aucurod by thle Secu�iry Instrumant; end(o)aflreos that Londor and any other Borrowor may sgret� to extend, modity, j •
<br /> forbaar ur meke any accommodatlons with rogard to tho temia of thls 9oci�dly Inatrume�t ar the Notice without that Bortowe►'s � ,
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<br /> Con8eQ1. �
<br /> � 13. NOtiqqy. My notico to Bartowar provided 1ar In ihls 8ecudry Instrumant ehall bo gtven by dellvedng tt o�by mailinfl It � �
<br />` - --_ - _- ,
<br /> by Orst ctasa mall unlasES applicabto luw requlron uso a1 anolhst mathod. Thti t1otlCp ehnii bo cfi'irocted to iho�oiic�rpi Ra '"s�i -. -
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<br /> any other addresa Bortowpr designataa by ootica to Lender. My notipc�ta londor shall ba glven by tust clast� ma0 to Londor's �, ;
<br /> address ai�t4d heroln or any addreas lendet de�lfln�t�s dy notipa to�larrovyer. My noUca provlded tar In this Sacu�iry ; ;��
<br /> —. . ,---• - - � _ a.,_.,, �., o,...ti �h,a n on n a Anr whan elvan ast nrovldtld In thi9 D9leQfeDh. �. . . ._; - -_---
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<br /> 14. QOVe�tllnj� L�w; SeVAlablll�►. This Sncurity Inatrument aht�li be Qpvomed by Fademl law and tho law o1 the ' �
<br /> judsdictlpn in whlah tho Property Is loc�ted, In lhe ovont ihat sny provialon ot cteuae ol Ihis Socurity fnstrumqnt or tha Note
<br /> conlllcte wllfi epplica6le law,auah aonflict gh�tl) aot alloat alher provisiono ol thla Security Instrument w tho Note which can ha � �
<br />- given oNac1 without iho coniilcting provislan, To thly end tho provlslons of�his Socutlty Instntmont and the Nole are declarod ta !
<br />� be saveruble, ' '
<br /> 1S. Borrowe�'e Copy. Borrower shall bA ANan a�e oontortned copy oi thls Sacudty Instrument.
<br />- . 18� ABSl�nmen! O� R011t8. BotrowAr unconditlanely asslflns end tranatore to Lender all the rents and revenues o1 tho
<br />= Propercy, �onoWer authodzes Lendor or I.ender's agenta to collect the�ents end�evenues and hereby dlreats each tenant ot the
<br /> PropeAy ta p.qy thv rente to Londor or Lender's agente. However, prior to l.onder'& notice t0 BORO�YEY 0�BOROWEK''s breach of :
<br /> any covonant qt aflreement in tho 3ecurity Inatrument,Bortower ahall colloct and��ceNo all�ents and revenues ot the Property
<br /> as tn+stee 1or the benetit oi l.ender and Borrower. Thls esalflnmeM o1 renis constitutes an absolute asalgnment and not an I�'�
<br /> naslgnment far sddidanal security only.
<br /> It Lendar flNvs notice o1 breach ta 6ortowor: (a)all rents receNed by BoROwer shall ba heid by Bortower as trustee for
<br /> beneflt o1 I.endtY only, to ba appliad to tho sumo sacured by tho 9ecuriry Instrumont; (b) 4ender sha116e entftied to collect and
<br />_ • roceNe ell 01 tha rents o1 the P�aperty; and (o) each tenant o11he Property shall pay all rente duv �nd unpald to Lender pr
<br /> Lender's agent an Lender's wdtten demand to iho tenant. ,
<br /> 6orrower has�ot exocutod any pdor asslgnment ot the rents end hae not and will not pedorm nny act thst�vould prove�t
<br />_, 4ender h�m exerclsing fta dghta under this Pampraph 16,
<br />-. , Londer shall not be requlred to enter upon,taka control 01 or m3intain the Property beiora or efter givinfl notice o1 breach to
<br /> — � Borrowec However, Lender or a Judiclally appolnted tsef�iver may do ao a1 any time thore Is a breach. My appllcatlon ot renis
<br /> aheil not cure or waNe any dofauR or Invalidate any other dc�ht or romady ol Lender. This asalgnment ot rents oi the Property
<br /> ahall tertninata when tho debt aecured by the Secudty Instrumont Is pald In lull.
<br /> 17. Fo�ecloauro P�acodure, M 1.ando► roqutrea lmmodlAto paymonf ln /ull undo� Paragr�ph 9,
<br /> __ �stt�e�' m�y lnv�kp the powe� of sale and any o4her remedies perminod by appllcable law.
<br /> 7� Lende� shall be entitled ta colloct all expe�sea Inaurrod in pursuing the rernsdies providetl in
<br /> • this pa�agraph 17, Including, but not limlted to, reasona6le attorneys' fses and costa ot tltle
<br /> - evldance.
<br /> � If the power of sale Is Invoked, Trustee ahall reoord a notice of default In each county In
<br /> � which any pa�t ot thd Property Is located and shall mall coples ot auch notice in the manner as
<br /> prescribe by applloe6le law to Borrower and to the othe► persons prescrlbed hy applicabla law.
<br /> • ' After the time �equlred 6y appIicable law, Trustee ahall give publlc notice of salA to the porsona
<br /> : ; and In the man�er proscriboc9 by appticable law. Trusteo, without demand on Borrowo►, shall sell
<br /> the P�oparry at public nuctlon to the hlghest blddo� At the tlme and place and under the terma
<br /> � deslgnated In tho notice of sale In one or moro parcels and In a�y order Truotee d�te�minas.
<br /> Y�ustee may wot►tppne sale of all or any parcul of tho Property by pubUc annou�cemont at the
<br /> � tlma and place of any prevlously scheduled sale. Lender or fta desltinea may purchaso the
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<br /> Proporty at any oale.
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