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<br /> �' �$ec�itg ta�t sLqlt bind�so�d bwdiL tbe stzoorscO�s aod-8�igag Of I.tndec and'BoimwEr, so6)CCt to il1E prOtr�4io1M o� _ •E
<br /> - � � p�ph 9.6. Bor�ver's covemnta and agieema�s s6aR be joint and�rrer� My.Boao�wh�t.ac�Epq.Ihis SEa1Fiy►:�
<br /> � , tmtr�twent btt das not ea�t�t6e Nnte: (a)is oo�signittg tbis Sa�rity Insuame�onty tn mortgag�.�t�nd Cnrivry ilqt ' .
<br /> &xmwaFs inte�est im the PtnpeRy uncter tb���ttis 3ecarit�►Inmumca�(b)is noc pas��lly obiig�ta!to p�y drc wum <<
<br /> '.= �!�r�S S�i�a�{�)��I,ea�rsm�aay fllher Bo�+o�rcr�ia3►-agt+pe�a s�en�.�nddifyKfv��r r .. C
<br /> tmfce ady ac¢ommodationi wiW�t6 dse taa�s of this Se�rity Iashument or it�Note witboat�t Bosrowa's ao�att. ` , '
<br /> �• 13.NoNod�.My noticc w Bonower provided for in tfns Seasr'sty Insuumeot s6all�bc giv,m by delivesing 3t ur by�mdtliy
<br /> � it by�fi�st c1�ss m�il uniess 9ppFcebk�xw�qair�s use of wfot�method.�a mda sl�ti hr dice�+od w tbe.P�nperty�liddreee `
<br /> '� ar aay•aber�iress Burrnwer.eesig�te.s by nntioe co L.ender.,�My n�ticae u, LeMer sl,�it be givea 6y�fust cts�s miiit w _ �
<br /> ` - [tader•s.addnsc stated ha+ein or aay address Let�der dt�ignatas 67►mtict to Bormwer.r�ny a�xict p�avided for ia this Security. °
<br /> fil3trument atwil be dea��to have 6aen givai to Btmower or i.cnder v�Lhea givai as pmvidod•ra this pnra�aph. ' . ` '
<br /> .. I�. Gove'ni� I.�w; Sev�biiity. This 5aairity �shumeot:sfrall 6e govemed by fedrrat ia�v and the taw of tha `
<br /> jurisdic�bo in whicit tht Pmpe�ty is lorated.Ie the eve�d��y pmvision or cTause of thPs Secority Inswmarc or the iYat� . .
<br /> --- . cdntlicts wiih appticablc law.such wnflicE shall r�ot affoct otber provisions of this Security Wshuma�t or the No�e which aa�be .
<br /> = given effect withcx�t�hc oo�iflicti�g PiovisioR.To this ad tt�¢pcovisioa4 of this Se�:urity IaSUnu�eot aad the Note arc daclanoQ
<br />--°�; - ' tQ be severa6le. . , -
<br /> � '` IS.Eoe�»wer's Copy.Bon+nw�er sda11'be givea one canformad capy of this Sc�auity Insmunent.
<br /> � �6. Assigiuneat ot Reuis. 8orrower unooMitiona�ty a�sigas and transfers to Lender atl the rertts mid revei�es��f the . .
<br /> - Property.Borrower authorizes I,ender or Lender's agents w a►ltect the�nts aad revenues anb hereby ditects eacb tena�tt of the
<br /> = Pcaperryto pay the re�s to I�nder or Lender's agents.However.prior ta LeMer's moticaw Borrnwernf Boci+�wer's brcaelroi "•
<br /> _�5` a�ry ravernant ar agreement in the-Security ingtru�tent,Borcower sha11 cotlect and ceociv8 all rents and neve►wes of the Property
<br /> - . • Aa ttu.�e for thc benef�t of Leider and Borrower. This assignment of t�nts oonstitutes an absoIute�ssignmeat and not an
<br /> assigtunent for additioml�security dnly. . ' ,
<br /> , . .
<br />__ If L�der gives mdce of breach w Borrower.(a)all.rents received by Borrower shap be held by Borrower as ttustee'for. � .
<br /> - benefit of L,ender oniy..to be applidd to th6 sums setured by the Security Instrument:(b)I.ender shall be enritled w collect and
<br /> • receive all of the rents of the Property:and(c)each tenam of the Property shall pay al) tents due and uupaid w Lender or •
<br /> - � " txader's agetx on I.ender's written demand to the tenant. �
<br /> ' '�' Borrower has nut execuud an prior assi ment of the rents and has not and will nat rform an act that would revem
<br /> � x-���` . .�. � • . Y b'n � Y P
<br /> �:.a-�:'•7�"4 �.:-"��« Lendet from e�cercising its rights under this pa�-agraph 16. .. .
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<br /> . hr�; :,�� l.ender sAatl not be required[a rnur upon,tatce coituol of ar maintain the Property before or after giving notice of�breach
<br /> �"'" to Sarrawer. Hawevtr. L�ender ar a jadicially appainWd rexciver may do so at any timc there is a breach. Any application of
<br /> ��"� ren�s sha11 no�cure or waive an default or invalidate an other ri ht or remed of l.ender. This atsi m�mt of rents of the �
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<br /> ��u,,.�+.-� Praperty shall terminate when the debt secured by the Secucity ln.strnment is paid in full.
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<br /> - •`s,;„�„}-,�;;Y ,� 1�ION-UNIFORM COVENANTS.Borrower and Lender further cavenant and agree as follows: ,
<br /> _�tY�`�'�7•.�'..� `..' � . �
<br /> �..�r.�•- ,�,• 1�.I�areelosure Praoedure.lt l.eader requires immediate paymerri in full ander paragraph 9.I.eader nwy imoke the _
<br /> •"�''4`.�i'� �' ' � � puwer oi rale and any other rcmedies permttted bY apptica6le taw. i.ende� sha11 be entitted ta collect ai! expe�tses
<br /> �"`=�'r�� :.-',._:� incurred in purseuing the remedl�a�tder thls para�raph 17,tncluding,but not limited to,reason�ble attorneys'[ces and
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<br /> _ ��'+a ..,, •.- • ' ant.s ot t(tle evldence.
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<br /> . '. . !!the pmrtr at wde ic iarolurl.Trustce shalt rccord a nattcr nt default in each ooaaty in whic6 su� pari of the �
<br /> ���� ��'- ' Property tw lacated and tilwil ms�il�v�pi�nf tinch notice in the manner pr�crifxd by appltca6le law to Bmrower and to • -
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<br /> ::�� , tNe MUer pe�on�prescribed bv appllcable law..After the time�+equired by appilcable law,Tcustee r,l�all gtve public notice �
<br /> • ° o!�wle�tu the penony and in qu•manner prcwc�i6ed by applicabte law.Trustce,�rithout demand on Bormwer:shall sell
<br />� �� . , � the Property at public aucliun to thc hip,h�1 bidder at the time and place and under the terms designated in the nodce nt =
<br /> �,.; �"�'i:�-,-�;.,ar� ; xsile in one or morr pa�rcelv�nd in any nrder Tru�ee determiurs.Tnntee maY postpone�wle uP all or any parcel of the . _
<br />= • ' fR»perty by publk annuanceln�nt af the time and place ot any previously scheduled sa1e. �.ender or its d�.wi�nee may -
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<br />_ . . pue+chatie the P�v�pe�ty�t any:s�le. _
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