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� __ ;� a�Y ' - __ - --�--_...�.�,�1� -- 93- i�0�s3 l2. S�caron �od Melw oaundi JoINt and 6evera! I.bbll(f�c Ca,tii�11�41w� 7'he coven�nt� and aYrcemenu af thi� SiM�uritv lawrunbat siWl bind and ba�efit �be wcce�ron �ud�ei�tn� of.Lanck,t w�d Barnowor. wbixt w the provlsfwu af � paniraph 9.b. Bortawer'x cov�s and a�roement��hAll ba jolnt And srvorul� Ar� �otrower who oo-ciYns tbis Security Irutrument but doa not exocute the Note: (s)is oo-siQn�ng thlr Socurity 1nr�4turnqM,�wtly W moR��e, g�ant�nd convay �hat Borrawer'�interert In the Property under the ternu af thix Socurlty lnrtrumc�nt; <b).Ix n�t persan�lly obli�yted to pay the wms iecured by this Security lnstcummt:�nd(c)as+oeec tb�tl,es�der anci�ny othw�or►P�r�r may�ra to rxtend.modify.forbear ar =TA� --9 nwlce any �c�oc�m�odations wit11�+�•�tM y�enr�r+ohthit Soeurley Jn�trument oe,tl�a tVatr without tlut Homawer's wn:eot. 13. Notker.Any notice w,3ocraWer prov'di�toi i��/kic Sexurity Instrumpnt.t+h�l.�givrn by delivering It ar by mqiliuQ It by first ctass mail unless applicable law requires usc of:ux�thcr mcthud. Tha tnitiae abull,bo dirocted to the Propeny Addreas or any other �ddrus Borrower desiQnates by nottoe to Lender. Any rxNice ta I.endat stull be given by first dass mail ta Lender'�eddress stuod lxrcin ar any addrcss Lcnder daigtu�tes by natice to Florr.ow�r.Any notice providod for in this Socurity In4trumenc slwli be damed to tsave ban�iven to Horrow�r or I.ender whon g�von as Qmvidexi in this par�raph. 14. Governlnq Law; Severability. This Security Instrument shs►ll ba govomqd by faieral law and the Iaw uf thc jurisdiction in which the Property is located. In tha event thsu any Qrovisian or�IuuF+e�f this Security Inytrument nr the Note conflic4c with applicable iaw,such conflict stwll ixn pffect other provisions of thiN Scx.�u9ty inswment or the Note which cwn be given effect without the oonflictinY provision.To thi�end dto provisions oi thir►.Sc�uc�ltil(�Incwment and the Note are declarod w be cevenble. --= I5.Bor�nwer'�e Copy.Borrowcr sJ�ll be given cxie vanfornxd capy of thiR.S�curity Inurument. :-,�f -- 16. Assignment of Rrnts. BoRawer uncanditionally �signs and trrn�tercg to T.errkr all the rcnts and revenues of the Property.Barrower authorizes Lender or Lender's agenta to collect tho rents a�xt rcvvnues�nd hereby direc�s each tenant af the _ Property to pay the rents to i.,ender or L.ender's agents.Nawever,prior ta L.mder's nodce W Borrower of Borrawer'+breach of �:'"� any covenant or agreement in the Secu�ty Tnstrvment.Borrower shull eolluct w�d►�eceive yti rents und revenues of the Property �.;r�t° - - as tmstce for the bene6t of l.ender nr�d Borrow•cr. Thic assignmaat of rents•ccu�ctituees a� absolute assig�unent and nc,t an ;•� auignmont for ridditicwwl security only. If Leqder gives notice of brcach to Borrower: (a)ull rents received b�.&�rrower shail be held by Borrawer ac trustce for - benefit af I.ender only,�o be applied to the sums secumd by the Security Inttrvment: (b)Lender shaU be entitled to collect and ---. -- - — _•�a= � _+� � rcreive al1 of the rcnts of thc Properry; and(r) cych tenant of tha Property abali pay alt rents due iu�d unpatd to L.tnder or , �-�� •'- Lender's agent on Lender's written denwnd to tho tenant. ��•`•''° BoRawer hus not executed any prior dssigmnent vf t�o R��ts su�d hs�x not u►d wili not perfocro su►y act that would prevent :'°;�,.` .� Lender fram exercising its rights under this paragt�h 16. Lender shall not be requirc�d to enter upc,n, wi,e contrul af or mulntuin the Property before or atter giving notice of brcach �.: � to Borrower. Hawever, Le�xier or a judicially uppe+intai recciver muy do so at�ny time there is a breuch. Any applicution of �� ",•� rents shall not cum or waive any default or inva{idt►ta a��y athcr right or remcdy of I.etuier. This ussignment of rents of the _�� Property shall tcrmin:►tc when the dcbt sccured hy the,Sccurity Inst►ument ix paiJ in full. %�,�+ NON-UNIFORM COVENANTS. Borruwer and I.uixler futther coven�u�t anJ ugrec a. fulluws: `'�'; ' � 17.Foreclanure Pracedure.It I.ender nWuit+es immediutc p�ymcnt in full undcr panigraph 9.Lendcr n r in�vnkc thc - ' •5 � puwer oP sAle �nd any other remedies permittrd by applir�We 1�►w. [.ender sliall be entitled tu c�►Ilect xll expen�s - � �. incurrcrl in pursuinR the remedie,s under this parygraph 17,includinq. but not limit�d to.rexwnable sttorneys• [ecs xnd r ' `� costs of titie evidence. `. � �'�� If the pnw�er of wle i� invoked. Truster shall record a notice��f default in each rnunty in w•hich Lny purt of the ''`� ="•'�• ' Property(s located and shs�ll mstil copi��of such notice in the manner pnwcrilx�d b�•applic�bie I�w h► liormwer and to _ ��' the otber pe�onti prescritxd by s�pplic�+ble!aw•.Afttr the time mquirccl by�pplics�ble law.Tru�tce stwll Rivc puWk noticc ° of wle tn the persons pnd in the manner pn.wc�ibed by upplic�blc I�N�. TL�ucter. �•itl+out demund on&►rrc►wer, rh:�ll sell �. - - - tt►e Property at public yuction ro thc hikhE�t bidder�t the time s�nd pl�c�e and under the term+designated in tt� rnNice of sale in une or more parcels vnd in s�ny order Tru+tce detcro�inGw.Truvee mn• pa+tpone.rale�f s�ll or yny parccl of the Pmperty by public announcement ut the time �nd place of�ny pm�ious!} xireduled sale. I.ender or its d�iRnm may _:. lwrchase the Propertv at i►ny sale. �°'-_ ��{RINE1 vp�5 ot e --�'.� � �, •'�.1;:!i♦ - _�� , - ' -� _ . - -- - - _ -- - - -_:'.�ae:`'.y�- _::�fr,-�5 � ....�.-.�.�...-_� _S.T.'l„� ' i': � J�,..�'�S'�'��:�f.�GL_'i�- ..__:�..-_-'i- - �F , . . � .. � $Yf;.iY�.,S�=��RY^ ._ . 1�-YS'ir'L[iv'['7:?i7�-�:,�".?^'.._ r["�j..=.