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<br /> � ` 12 Stico�rsora and Aai:nsHound;Joint ss�Several Liabiiity:CaSi�ners.�Tl�cova�ittsand a�roeerr�rntsa[
<br /> �, ' �tbi�Sec��rity Instrument aMll biad aad benet't th�suoceeeote���as oi Lender and Borto�rer, subject to�tha
<br /> � pravisions of pera�rap�9 b.Borro�ra's ooveew►ts and��e+eemastaahsit be joint snd s�vaat.Aaq Bormxer Nho ca-ei�ns � _
<br /> � . `,<tti�Secusity Is�rueaeat 6ut do��not eYecut�the Nota(:?ia a�-�i�iag this Secu.rity Ia�trumeatonly w moet�a�e.�rant
<br /> ' and ooavey t�at BornnRer's interest in tha P�raperty�der the terms oi this Socuritq Insuumenx(b)is not persnnaity ----
<br /> - obligated to pay the sums axitt+ed by+this Se�tt'ity►InswmenC and(c)a�tees thit I�ender md�ny other Bomower may -_
<br /> agi+ee tb ertead.modify.forbear or m�be aay accornmodatians Rith regsr�d to the terms oi this Security Instrument or _.
<br /> thc Nau witha�t tbat Bormxer's oonsen� . � .
<br /> �- — —_ - -— , . . � � - . - _--
<br /> 13.Nuticea.Any notia to Borco�er provided for in this Security Iastrui�aent sha111x given by defivering it or by �i�-__
<br /> � m�ilin�it bq Crst ets�mu'1 vntess applicable Iaw requina use of anottier mathod.The noticc shall be directed tn the - s, �-•
<br /> ,_f �^�i.
<br /> . Propertp Address ar aaq othet addr�s Borco�va desi�ates by noticx w I.ender.Any notice w Lender shall be given by �.1�:,;.r;_'`?�;��-.._�-
<br />--='' tirst class ms�to I.eflder's adiltrss stated herein or=ay address Lendet desgi�aus by notix to Borrower.Any noti<x _--==-_=_ ---
<br />-`�� provided Ior in this Security Instrument shatt.ba dxmed to have bce� ven to Borrower or Lender when given as °'x:�.�====
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<br /> = provided ia tbis paagcaph. � . . :�.�.,�u_=_-_
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<br /> 14.(iovernin�-La�v;Severibilitp_T���ecurity Instroment sl�al&bs goverr�by fedetal tavrr and tha law of ihe �����Y =
<br />- j u r i s d i c t i o rt i n k t t���i e P r o p e r t y i s l a c a t e���e e v e p t t h a t a n y p r o v i s a�s p s c l a u�e o f t h i s S e c u r i�i s�s t r u mentor the . _���'.��"
<br />,. .� Note conflicts eit23.applicable law,sucb cor�i:�s�il not sffxt other ptos�srnns of this Security I�s€�rument or the Nou - :i`:.��"��-
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<br /> ,:,.. whiclx xa�be givea:effoct without the conflictiiigprovisioa.To this end tha provisions of this Security Inst�ument and the �_ '�_�_
<br /> , � Nota ar��celat+ed w be severabla ' � � � .. . _ ` ;��`':.
<br /> � - � 15.B�rrower'a Capy.Borroaier slwti��iva�one confarmed copy of thisSecurity Instrumen� _ '===
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<br /> 16.Aasi:nment of Rents.$arrower tmcoaditionally assigns snd ttansfers to I.ender ail the rents snd ravenues oi `' ._ t�--
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<br /> . the Ptoperty.Borrower authorl��.endes ar Lendec's sgents w wlloct th�r�enta ai�ievenues and hercby dircc�s eacb �.__
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<br /> • x;,�,,,;��. ;.�.� � unaat ot the Prnperty to pa�y the a+ants to.I.endec or Lender's agenta Ho�rever,Priar�.Lender's notice to Bors�wer of , ._�'
<br /> Y �• � ~� �,`���� Bomower's brract}oi any cavensnf or.agur�,ent in the Security Inatrumen�Borro��r shall collect and receive alt rents ��'`�'�'
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<br /> - �-^ �.;,�. ' �� :.�. snd ravenues of the Pro p e r t y as tn�stec€'�s�benert of Lende�and Sorrower.'fhis asgigameat oi rents constitutes an � �'`� � _
<br /> �.��.;,w , � absolute assignmtnt and not an assig�me�,t�ars�ditionel sa,vrity only. ` : -
<br /> `y'�;�;;�T`�Y';�.,=°.. If Lender gives notice oi bc�eards#o Bi3srnatr:(a)a}1 rents raxived by Borrower shall be held by Borcower as tr��tee �. ` ' ' �'�i'_
<br /> ' r;t=�.�. � for benefitof Lender onlq ta be �iedto the sums secured by the Securi tnstsumenr. b
<br /> ,4,. ,�._., ,-.;. �. , ; . sg� t3+ ( )I.ender shall be entitled to
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<br /> �,,;,,,._.. '�-� .". ,colloct asid rxeive aU oi the rei�ts Q�the Property;and(cI�ch tenant of the Ptoperty shall pay all.rents due and unpaid to ' ,
<br /> •% Lendet or Lender'sag�nt on Lende�s written<3emand to the tenan� ��_ .:�.. - �`"
<br /> 3em
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<br /> .> ��+;�...• . • �onoWer h�s not executed any prior essignment ot the tents and�eas�ot and wili not per[orm any act that would �� =
<br /> , }.,::,�� ' .' veat Lender from eaercising its rights under this Pa*aBraPh 16. � � ' :
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<br /> ��-�-��-:�.�- ,:<-'�� �' Lettder shall not be requir�to enter upon.take control of or maintain the Property before or afttr giving notice of ; � .
<br /> , �, �.: :�: ,- bteach to Bonnwet.However.Lai�er or a judicia�ly sppointed receiver may do so at any time thece is a breach.Any �.�j
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<br /> application of rents shall not cure or waive any delsult or�nvalidau any ozher right or remedy of Leaader.This assignment � . .
<br /> ' '� . � , of rents of the Ptopetty shall terminate whea t�hs debt securod by the Securiry Instrumentis paid in fa�l. � �
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<br /> '.. '�.`� �'%` ' � NON-IJNIFORM COVBNANTS.Borrower and Lender further covenant and agee as follow� � � . � ;
<br /> ' - ' 1Z Foreclosure Procedure.If Lender requites imn#ediste psyinoat ia full uader psra=rapl�9,Leader msy . i , '
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<br /> • ' . invoke the po�ver of sale and aay other remedies permitted by spplicable Isw. Lender shall be eatitled to �
<br /> . --- - -. , collect sll espenses incuned in pnrsuia=the remedies uader this�a=raph 17.ineludia=,but not limited to. � � • .
<br /> :, '� ` � ' ressonabte attorneys'fees snd costs of titl�evidence. �
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<br /> '-�. • '.: •,�.��•,,-%�:�� : � It the poRer of sale is incac�ed.Trustee shall re�ard s nattce of detsult in saeb eounty in whieb sny part oi ��.�,;�.,;,. -=�
<br /> '�;�'``�'di`'�' t6e Property is tacated and shstl msil copies oi such aotice in th�msnner ptescribed by applicsbte ts�v to � •� �:��.-�-•�
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<br /> #'''`�"'�'' ' Bpnower aad to the other persons prescribed by applicable IaR.After the time required by spplicsble law. i `''�
<br /> "'`�?`'�"".�� �� Trusta shall zive public notice of sale to ihe persons and in the manner prescribed by spplicsble Is�v.Trustee.' �• '�,-:� •
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<br /> '. ,�,,.;: ,. without dem�ad on Boaowet,s6aU sell the Ptoperty it poblic auctioa to the bi=hest biddar at the time and ,
<br /> piace and uadar the terma daai�nsted io the aotice ot sale ia one or mare parcels and in say order Truatee `• � �'�
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<br /> '°;�:''f'p<i,:; �. .. detesmiaes.Truatee may postpoae asle of a11 or any psrcel af the Praperty by Qublic antiouncemeat st tbe i � �;.
<br /> '.�.� . � time aad place of any previously schcduIItd sale.Leadet or its desiptee msy purchase the Property at any : �=
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<br />- '`�''��d�;',��; ,` �;� Upon receipt of Qayme�s at the ptice bid. "�'�us3ee shall deliver to the pnrchaser Trustee s deed �
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