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<br /> = � ° 12;Sra�oes and A�16ouad:�Wtot aod Seivai ldabtiitya Co-.Siaons. The mve�nts and agraense�s.af�ttis
<br /> -- � Sepori�r Ias�ument sl�ali bind a�bmefit.shc suooesso�s and assig,ns of Lender aad Bprmwer. subjat to t}te pmvisiot�of
<br /> — P�'+F�Pb 9.6. Bomasver's wv�nts and agreeu�eats sball lie joint az�d s�verat. Xny IiorroWec w!w oo�sfgns this Secunty `
<br /> - �bnt does aat exa,uce th�Note: la�is aFsigniag thic Security Iaswment an[y�to mortgage.gaat aud rnnvty 3h�t
<br /> - Bormwei s int�+est in the Pn�p�tty ucde�the temu of this SecuiitF Inswmenr(b)es aoi pe�s�onaily oDiigasod.to pay the s�,
<br /> - _ senued 6y this Saxirity Xasunu�ent:mnd lc)a�that Lender and amr other BoYra�rer mag agree Eo ext2nd.alodify.forbrrr ar
<br /> - _� �e�yy�p�ans wiih regard to the ttm�of this Security Instnu�nt nr the PIate without that Bolrowei s ootuent.
<br /> - !3.l�tiaas.Art}�notioe to.Borrower provided for in tlusSecvuit�r[nsuumeai shaall6e giten by deiivering it or by mailing —�---�
<br /> - - it b}f�rst dass mail wiless apglIrrhte law requi�as use of anotfler mGhod.Tha aotioe sbail be directed ta-tue F[opietty Address — _
<br />° or any otttrr address Bormwer designates by n�tioe to Lender. Aay nutioe w Lender sha11 be gi�ea by first cta5s mvl to • �_
<br />�;>i.r i.eMeT•s adc�ess srated herein or any addras Lecider desigrases by natice to Barrower.Aay noticY provided for in this Savrity �`��`
<br />' ,': Inst�ument sha!!be deemed to ttave beeu given to 6orrowes or i�ender whea gir en as provided in U►is Qarag�apb. - -
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<br /> 14. Gnveraing i.aw; StverabpitSr. T6is S�ui� Iastsumen! shall be govemed by federal laa+ ard the Iaw of the =
<br /> � jurisdi�tian:in v�hic�the Pmperty is tacate�#. In the evtnt thac any pmi+is'son or clause of this Sesurity Insuoment or ti�e Note � ___ ��
<br /> - oonfliqs with upqlipble law.s�uh w�ict sha11 aot atfect ottter pravis9ons of this Secarity Imsnnment or the Nate whicb can be —�— _
<br /> given ef�e�wilhout tt�e conflicting pmvisiun.TO IhJS e�d the p�avisson5 of this Serutery IncrnrmPnt��No[e aIe dCCl�ted -__=
<br /> t tobeseverable. ',�"'��a�'°
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<br /> '-" 15.Borrowe�s Copy.Bosmcrer sh�JI be given ene conforcne�d oopy of tftis Security inst�ument. �`-- �`=
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<br />_' - .. I�. �ssignmeat oi Rents.Ba�a�er cm�nditioaally assigns aYd transfess to[.ender a[I the rents and revenues of the ' ``''''`_
<br /> � .�' ' pmper�g.Boi�rower anthori�es Leader or L�ender's ag�s co collect the rents ac�l cevenues and hereby directs eac1�temant of the , ':�"�`�':--
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<br /> . .r:;,,�.�':' ` Frnpetty to pay the rents to Lender ur L.ender's agea�.However.prior to l.er�c s nouce to Borrower of Barrowei s breach of . ,
<br /> ,�" '"'`� ' � any cotenant or agreement in the Sea:riry insuusuea�.Borrower shall c411ect aad receive all renis and rev�of the Property •. ---
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<br /> .. � ._ _. as trastee for the bertefrt of LcRtdes�xc! Borrower. This assignmem of rems constitutes ea absalutc assigmnent and aot.a�► ,:..,::.���::f r.t j,
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<br /> �;, assi�for additioaal security aulr:. , ,`'`�t;�-
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<br /> , �` r��" , If Ixnder gives aotice of breaci�to BoROwer: (a)all rerusroxivesl bg Bnr.rawer sha116e held 6 Borrower�.;t5:a.�,7r�.far ""°
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<br /> benefit of l.ender only,to be applied to the sams secumd by th:S�ccrit},�r��t:(bl I.ender shall be er�tdec�za�a;lli�and '� "� �r-
<br /> `'' receive�lt,of the rents of the Pro�ety;and(c)each tenant c.E�1'se�rci���. �.:1r pay all rents due an�.ur�d.',m Cr-a�ir�r or �� � v s �,;
<br /> :;!:�: . I.c�de�c'4 a;eat on Lendet's wrineu dc�.zd to the tenant. � . i,y;F%'�t,i`���.�
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<br /> '-� _';`;�r�``', ••. BorroRer has not executed arty pci��r assig�.�of the renis and has;�:,.�s<r�:f wiil noe perform any�itat wout�prcvent . �. �'[y`�-
<br /> ``' J'' � 'i: I.endcr fmm execcising its rights under.tftis par�..gr.�6i 16. .' . �`°''
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<br /> , �` �=�f•...' I�der shall not be reqnired ta,erter upan,take cantrol nf or maintain ihe�perty b�f�ere or after giving�iotice of breach . �• , °��
<br /> • �� • to Bama:,�3r. However, i.ender or a;udicially appoi�ttod receiver may da so at any time there is a breach. Any application of �,��
<br /> � �� ' tents�r'�not cure ar r�.a.ive any default or invalida�o any other right Ur remedy of Lender. This assignment of rents of the '
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<br /> ..: :i.: � i?rop�i:•Y s�l termir��.��en ti�e debt secure,�l by ihe Security lastrument is paid in full. '. _�
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<br /> ' • . 1�i422k-C^?+TeORM COti"cNANTS.Barrower and Lendcr funher covenant and agrce as follows: i�; � , i '"`'
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<br /> �. � '"�r,��„ . . ts foreclosure Procedure.If Exnder reqnir�immediute{ra�ment in i'ult under pa�.�ruPb 9,Lendes may in�uli;w tfie ., ��.`<•,�%;;t";i;t'� .-' •
<br /> `'�';,�. t-'�';`,` ' power of sate and any other re�ti�ic� pe�aitted b�r applicable I�w. Leader sha�t.la��itled to mllect all r•�ses �• ��''��;' •�
<br /> �, .': ,:. ':�.:':' '' , . incurred in puisuing the remedtes under this�'.,��raPh 17,including,E�m�r.,^t limite�u?,.seasonahlrattorness';"r�rs and • �;` . . `
<br /> . , ` - , costs of titTe evidense. . {, , .
<br /> • ���• If the power oi sale is Inroked.Trustee shatl record�1:��ilce ot defaul! in eac9��asu.�ty ln wbich any p�ct�b1?the :';',�� . �
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<br /> ,{� �,a���; PropeMy is located and shall mail copies ot sucb noticQ in���vr u�anner prescribed by upplicabfe law to Borro�c-�u�d to [
<br /> � '" `' ' t1�e othes persons prescribed by appUcabte I�w.Aiter the tirtre��alred hy rt�xptic;t6te faw,Trustee shall give pub��:ctotice • ' ' '
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<br /> ;�::; � ot s�le to the persorr:and in the manner prescribtd by applirable iacs.T�,«ithout demand o�Bosrowes.shall seil , �; „ ;
<br /> • f'�� � -� ' thc Peoperty at pub9is audlon to Ihe hlghcwt bldder at the t�m:and pta{c�am3 under the terms designated in t6e notice of
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<br /> ' , ;�:,E<<�t,..°•. sale�wce or more pnrcels and in unv order Trustee detenui�s,�w.Trustec may pastgane sulr nf all or any pucc���yf tbe •
<br /> , • ,� Propert,�'��y public unnouncemeM at the Nme and place uf:,u�:r previvagly scheduted sate. i.ender or its desi�7s,r�may
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