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<br /> _ 12.S�b�awe�a�i Aaii�lo���i�t InAi S!�'er�t�I,�i�;f�l�c+s. Z7�aa���ao�a�,of d�is� .
<br /> .. - Seauity lnsutnneat sinlf bi�d ahd ba�efit dre sLaaessa5 aM assigns pf Lrade�azd Bormwa:s�bject to dr pmvi.vons of� _
<br /> � �parag�aph 9:b. Bormvr�er's aova�aats a��gnemoem shaU 6e;�oi�aad'seveiai. A�r,�Borrower�avho rn-si�s this'Seauity `
<br /> . - � Ir�na�t but daes ntx e�[ecutf the Nete:(a)is oosigniag this Soa�rity.In�ument�ly to mongage.graat and oonvey ttiat .
<br /> Bo�mwer's intenst in t6e PiopeTty tnd�thc te�ms bf t6is Sewrity I�orama�(bi is not petsonally ubligited w p�y tbe sums
<br /> .. z ` sec�rod 6Y tLis SenuitY Ia�u�;aod(c}agrees tbat Le�der arp auy aT�Borrower way agi+ee w extead,mod'ify.fozluu oF
<br /> `tnpBc amy aoo�xmi�od�oian�q�td i�egaM w t6o`urms of Uus Saauity i�or ihc Nate w"ithout t6u Borsov�a's oor�� �
<br /> - 13.�1lot�o�s.Any mtioe W Bo�npw�pmvid`ed.fRr in this Se�ity inctmm�e st�ll�be give�!by deliYering it at by ma'iling .
<br /> it by first c.l�ma�n�appiiabk law teqair�s nse of�method.'!he naiae sha�!6e d'u�ected m the Pnipe�ty Add�ss..
<br /> _r vr a�ryr od�a addi+css Boaower desi�by notioe to I.ender. A� uotioe w,Lender sha!}be$iven by first dass a�7 w
<br /> � tsodEr s add`t�s sta�ed ba+ein or aay addtess I.eoder designates by notioe,W Botrower.qny aotice�uovidod for in this Sxurity �
<br /> — bccuumart sbalt be deanea w bave boac givai w 8omnarer or Lada wbdigivea as pnividad ia tAis parag�apb. . � �
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<br /> = _- l�k Gnvanie� I.a�r;�Seveesbi�. T6is Securit�r In�m shal! 6e�ovemed by federai.law�and the law of tbe
<br /> ��= juds�icaion iu r�Wch the Propeny is located.In tl�e eve,nt that a�pmvision or cla�se of tbis Security Instrimoe{ut or t6e No�e' .
<br />�<- - aaaflicts with,appiiwble law.sach conflict shall nat affect ather p�ovisians of thu Security Instrume�u or the Nae whicl�can be �
<br />_= givea effect without tbe c�onAicting pmvisioa.�To this end,the pmvisimis of.this Secarity I�uument and the Hote are deClared --
<br /> �='.: to be sevenbk. . ; -� � � , � � -
<br /> -- - , • IS.aotruwei's Copy.Bormwer sda11 be givea ot�e oonfom�ed oopp of ttris Seauity Iamuroeat. • , �;_
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<br /> '16.'A�uaart of RaKs. Bormwer uAoondi6om�repy assigns anct tran.sfers m I,ender all the renu ard revenues of the � __�--_
<br /> � Bormwcr authorizes l.euder or Leader's erus to coltect the�ents aml rever�ues and � `�.��
<br /> __ Property. ag hereby directs eact►tc�ram of the
<br /> _ -- 1'ropeny to pay the.�ts ta I,ender or ixader's ageau�.Howevec prior to L�ader's twtice W Bomnwer of 8ouower's bmacb of- �°;-'-�
<br /> - _ ��..�: :Y any oovecrant or agroaneat in the�ec.vrity Instrwnen�Borrower shall coliect and receive all n�aid revenues of the Property ��
<br /> �s"•:�*��.� n .-. � �r_:�.
<br /> - . _ _ _:Nr;�-�•°r'": as uustee for the benefit of Lender and Borrawer. 7'his assignment of reats oonstitutes an absolutr assignn�ent and not aa . ;�.�.
<br /> ���x � ass�gmt�ent for additianal security only. ' - °
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<br /> : t� t �~ F`'� If I.ender gives rjotice of breach to Borrower: (a).all rent�reoeived by Borrower shall be hetd by Bormwer as irustee for `� �'
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<br /> - , �;:�.�;� bc�tefit of I.endcr only,w be applied w the sums secured by the Secvrity Iactrument;(b)Lxnder slratl be entiQod to.collect attd ���':
<br /> * , neoeive all of the reau of the Property: and-(c)each tenant af the Property shall pay all rents due and unpaid to l.ender or ',-_:�,:_
<br /> _ �:�� ::�`�_ ne -
<br /> =�: l.�er's'ageat on Lender's written dertt3ad to thc tenant. , . ==�:-
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<br /> ' Borrawcr has aot executed any prior assignment of the mnts and has nat and will nat pert'orm any act that would prevent � �`�'
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<br /> . . ,.b�._.:• . � . IxeKler fmm eaercising iu righ�s under this paragraph 16. . , •
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<br /> . . ' .: ' I.ender shall not be required to entet.upon.take control af ar maimain the Property before or aftcr giving notice af breach ' -
<br /> - . •��:���-,-r°.:�, � ta Borrawer.Hawever. I.cader ar a judicially appointed receiver may do so at any time ihere i�a breach. My application of . ,
<br /> -'<�;,-� '�� tents shaQ aot cure or waive a�ry defautt ar invaliclate any other right or remedy of i�ender. This assignment af rents af the
<br /> - ����r••��;,•.:� •` �• Property shall terminate when the debt secured by the Security Instrument is paid in full. ' ' �•
<br /> �� 'i��'�'-=� .� ~�^ ' NON-UNIFORM COV�NANTS.8orrower and Lender furthei covenant and agrcc as follows: _
<br /> �� _� ' ` 17.Foredosurc Praced�If Lender requie�s immeAiate paymeM in tut!under paragrapb 9.Leader may invotce the _•... •-..
<br />,���. .�� _ ' Y.- po�er nf'safe and any other remedi�► permitted by applicebte IaR�. l.cnder shall be entttted �u rnlicct al) expenscs � .
<br /> .' " ' ' incurred in pursuin�the remcdles under thts paragraph 17.i�luding,but not limlted tp,rea�onable attorneys•te�and
<br /> ••: ` _ � . . cast.g ot title evide�e. �
<br /> it the power ot sale is invoiced, Tructee shsdl nec�rd a rnrtice of default in each count� in �rhlch any p�rt ot the �
<br />- ` , � Property is located and sttall maii eupi�w oi such noNce in the manner prescri6ed by appUcabte law to Bornovrer and to � �• :.
<br /> ' - - ... � the othe�persons prescri6eA by stpplicabte law.After the time n�quit+ed by applicabie inw•.Tru.�tee shatl fitve pubtic rrotice �
<br /> • � , uf sate to t1�e person�and in the manner pr�cr�bed by�applicable law:Trustee.«�ithaut demand on&►rroKen shall tirll ,
<br /> � � ' • - the PropeAy at publlc aucNon to!hr hi�tfe+t bidder at the time and piace and urtder the terms desi�nated in the notiee ot --` - -
<br />`�� ��. , . . .. - sale in one or mure
<br /> r . � � , parcels and in any ordNr Tru.titee determine!►.Tru�tee muy poctpone�ale oi all or,any parcel ot the
<br /> ° �"`._ , , � Pr+o b blic announcement at the tlnze and lace ot an �' : �. .-..
<br /> � P�3' Y W p y pnwlnusly schcdulyd sale. I.cndcr or itc desi�ncc may
<br /> "'• ��'�': . pnrc6a�e the Property s�t any s�la � � . . ..
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