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<br /> � ' 12. Suoceseo�s aad Astaos�oupd;JoiaE And Severd �lfGtty,C�gn�ers.T6e oovenants aad ag�eeme�ts of tlus .�.
<br /> Sewrity Insuument s6a11 6ind aa�c1 beaefit the successors and.assigns of.Lender and Borcuwer. subj,ect ta the pmvisions of ,�
<br /> P�raph 9.b. 8orrower's rovenaats and a�reea�a�ts st�all be joint and several. My Borrower who co-signs tRis SeenritY
<br /> laswment fs�t.do�s not e�ceaue the Nasr: t3)�s�8�+g this Security Instrument oniy w n�ortgage.g*a�►t and bonvey that
<br /> Borrower's iaterest in the Property under the termY of this Security Instnunent:(b)is no�persunaliy ob�igrte4 to�pay the s�s
<br /> ���y���ty I�ment:and<�)agre�s th�t lxnder and any Qther Borrawer may agree tu extend.modify.foibear or
<br /> _ make any acoommodatioas with tegaid co tl�e cerms of this Securiry Enstrument or thc Note arith�out that Borrower's.00aser►1.
<br /> 13.Noti�.My aotice to Borm�ter pmvided for in�this Securiry Ia4�4'!{�}�t.�1�11�e,given by delivering it ar by mailing . —J_.i�
<br /> _: it bg first c3ass a�uatess aypli�abt�taw ceqaites nse of�ther me�hv�#-'�hg,l�tice sha#16e dis�tec!to ihe PmPerg'Address
<br /> -�`� or any ather address Borm�rer designates by mtice to Leader,-,My.�soEire ta Lender shall be,given by first class mail ro �=—
<br /> " Le.ndds addnss stated herein or any addiess l.eader desi8r�a{es by;I�tioe tn Bnrrowcr.Aay cHitice.pi'PYided for in this Secarity
<br />'�' Imstrua�eat s6a11 be deeu�ed to have bcea given to Borrower or I.epder when given as proyided in tt►ig pa{agtaph�... -
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<br /> � t4. Go�arniu� ta�w; StverabUity. This Savrity Icutrument sl�all be gavemed by feder.� �aw and the !aw of th� __
<br /> jurisdiction in wt�id�the prnperty is Iocated.In the e�ent tAa[aay p�vision or clause of this Secutity Instrument Qr.the Note �=
<br /> , canflis�s witl�applicable Iaw,sush conflict sdali nnt affed other provisions o€this Note which can be. �''
<br /> , securiEy insaumG�tt.Rr.c�.
<br /> -- ` `.` given effect without the oanflicting provision To this end the ptovisions of dus Se�vrity Iastnunent anQ;thq;�lote are declat�ed,: _--
<br /> .' to.be seperabte. ==— _
<br />- ��;�; . . 15.Bomnwer's Copy.Borrower st�all be�en oae coafoimed copy c`�;:a-SecuricY L�suument-, . °
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<br /> .�;�A4igatneat ot Rents.E�rrower unconditionatIy�-c�a�s and a�:�.es's to I�es all the rents anc! rc•:•,:;:�s of the �"�a'
<br /> ' �Borrower aathorizes Fr�c�r or Lender's agents rn�.rr��ect the rents aad reveuaes and hereby directs ra�.:�a�ant of the �'--_
<br /> y Prcp�t'�'=: 'y'„—,�--_E
<br /> �, to pay the�ents to Lerte��fli�Lendec's�;eats.Ho�:aver.prior to Lender's notice to Boaawer of Borro��r s breach of . ����, ;-
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<br /> .�ny cc�venant or a�ree�nent in the Security�eat.Borrower shall col[eat and receive all rents and.revenues of t6e Property •� ,_�Y,=Y.=_
<br /> • • M' '`=` as tr�?:oe for the benefit of L.e�c.�'�and Bo��,:et. Tdis•assigament of i�rits constitutes an absotute assignment ar�d not an � :v�;
<br /> assig�ent for additional sect�fi�v. . . �;_,.:=
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<br /> i ',:� : � If Lender gives norice of t:.�°-"..�-}.•�i Ser?i�:(a)alt?a�caceive�•.+.�y Borrower sha11 be hetd by Borrower as trustee for. � .� �._-
<br /> '`� 6enefit of Lender o�.�c,to be�-�i#te i:�e z.-�-._.:s s�cvre�!L�r,::�S�4"�,�imuirwnt:(b)Lender shal!6e entitted to cullec!a� ��=-
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<br /> • receive a}I of the ren�s of the Pr�rerty:and�c�each t��.p�tha P�b�ity shall pay all rents due and unpaid to I.e�de�ar�, : `° �"
<br /> . Lender's agent on l.ender's w�w�emand to the tenant. � ' -�-
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<br /> � . - �;_ Barrower has not executee"�y prior assipiment,of the Yents and has,[mt and will not perform any act ihat wouFd prevent � ����-
<br /> - Lender fram eaercisin�its rights under this paragraph 16. , "�'�"�"'.�
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<br /> ;j - �;� � l.ender shall not be requireh tv enter upon,take controt of or maintain the Propeny isefore or after giving notice of breaeh � , _
<br /> ' '���t�f�ti � w Borrower. However.Lend�s�:a judiciapy appointed receives may do so at any time there is a breach. Any applicatian of • . ,
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<br /> '� t t '„�,r rents sha11 nat cure or waive arry default or invalidate any other right or remedy of Lender. This assignment of rents of the
<br /> • • Pcoperty shall termi�,,ate.when the debt secured by the Seeurity Instrument is paid in full. .. "�':=r,r=
<br /> • NON-UNIFORM��ENANTS.Borrower a^.d l.ender funher covenant�:���gree as foltows: , �. � • _
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<br /> ; ;S�� ,' : i7.Foreclosure Proccd�:re.C-R 4xnder reqair,es imr.:�YA payment in full ander�ragrap6 9,l.ender�y'r�ar�ke 16e ' . �1i,k;�y;s,;�..'-.
<br /> � Re�o!sale nnd any otta�r n��dies rmitted by �rabte Iaw. Leader slr�f�e,eniitleA to collect aII expenses� � '�;�+'•t�-t'�,:i"'
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<br /> • incuered in pursuiag the r�:i�vnder thi�paragraph i9,including,but not limitesi ta.rea��te attorneys (ees and
<br /> ,: :.1. casts of t�tle evidence. • ,.,'�� ;���;.
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<br /> . •'`�` ' B the powee of sate 1s c�c�ed,Trustee�hall rec��a notice of detault in eac1� m�� i�which any part of the �>'��f.;.�,
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<br /> `'- �; ' Prope�ty is located and shalf aui:i copies ot such noti�in the manner prescribed by applicra�te law to Borrower aad to •'':�`�'';;;�'I.;, r
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<br /> , _ , r.a . , the ather persans preseribed by a�pllcabte taw.Aster the time requlred bv applicabte law.TousEc.te shall give public notirx -�� t•5•;'. ,.
<br /> • �> = s� o!sale to the pet�acu,and in the manner gces�c�ibed by applicable la$. �'rustee.wlthout dertearcx�n Borrower.shaU seil ' '
<br />. . .,-'��;' r i• �'� the property at p¢t�c auction to the hig,ice��6idder at Ihe time and p4ace and under t6e terms��ated in the notice ot ,, '
<br /> • � � r•:�,.-:�� sale in one or mose paccels an�an any order Trustee determines.Trustee may postpone sale uf all or any parcel of the ; '
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<br /> a�4• Property b� publtc announcec�.�nt at th�time and place af any previausly xcheduted�1e. l.ender or its d�ignee msy '
<br /> � n`••• `._�-.• purttra�+e the Property at any sa1e. "���. .
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