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<br /> 12. SucceMOn�nd Ml� Botmdi Jolnt and Beveral 41�bllllyi CaSi�ner�. Thc rnvenanu w�d agroutxnis of thie
<br /> Socuri�y inctrument ciwll hlnd and bcnefit Iho succercon And asrigor of Lcndcr wxl &►rrower, wbject to the provlsic►n� of
<br /> pAr�iaph 9.b. Borrowor's rnvenants c�nd pQroement� siwll be joint and several. Any Bamawer wha ca•si�nr thi� 9ecu�ity
<br /> lnctrument but does nat exocute the Note: (a)is co-cianin� this Secur�ty Inxlrument anly la mortguge,grpnt and convey lhat
<br /> Borrawer'�intorest in the Pmpetty under the termc af Ihis Securily Inctrument; (b)is not perxonally obligatal �o pay the cumeti
<br /> . socurcd by this Secudty Inst�utnent:md(c)agroes thot Lender and any other&►rrower may agrce tu caleml,modify.Purbe�ar
<br /> msko Any Accommodwtions wfth rc�ard w the tenra of thin Sxuriry Instrument or the Note wlthout tlwt Barrawer'�cauent.
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<br /> 13. NMke�.Any natia tu Boaower provided far in thia Security instrument shall bc givcn by dcliverin� it a�by mniling
<br /> - -- — it by iirst cla�s mail unless applicuble law rcquires use of ano�her method. The notice shrJl be dfrected ta the Propeny Addrctis
<br /> _ - - or any other address Borrower desiQnates by nwice to Lender. Any noticc to I.ender shall 6o given by first clags tnail to
<br /> Lencler's address stated herein a�r any address L.e�er desigmtec by natice ta Be�rrower. Any notice p�ovided for in this Socurity
<br /> "-- �__-- Instrumrnt shall be deemed to have boen given to Borrower or l.ender when given Aa provided in this puagreph.
<br /> ���-`_T �-� 14. Governtn� Iaw; Severabitity. This Secudty Instrument shall be gavcrned by fede�al law and thc luw of the
<br /> ju�isdiction in which the Property is IocAted. In the event that any provisian or clause of this Security lastn�ment or the Note
<br /> �+�_Sa�iWfA�1lA1e
<br /> — -- mn0icts with applicable IAw,such rnntllct shall not affect ather praviaions of thia Secur�ty Instniment or the Note which can be
<br /> - given effect without the coniticting ptovlaion.To this end 1he pravisians of this Security Instrument and the Note are declued
<br />. to be severable.
<br /> .� - ' 15.Borrnwer'�Copy.Borrower shall be giv�n ann�rxifunnal copy of this Security lastrument.
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<br /> � ; .; � !b. Asslgnment ot Rents. Burrower uncanditianally accigns and transfers to Lend�r all ihe rents wid revenues of'the
<br /> =:��►;� ''' Propeny.Borrower autho�ize�: Lender or I.ender's agents�o callect the re��ts And revenues and hereby directs each tenent af the -_
<br /> , Property to pay the rents to l.ender or L.endcr's agcnts. However,prior to Lender's natice to 8orrowe�af BoR�wer's brcach of
<br /> •�"�`�'`:`'° any covenant or agreernent in ttN:5ecurity l�strument, Borcower shall collect and reccive ull rems nnd rcvenues af the Property �
<br /> , , .. as wstec for thc benefit of[.ender and Bcxrower. This assignment of renta rnnstitutes an ubsolute ussignment and not an
<br /> :+� aesi�nment far odditianal securiry only.
<br /> If l.ender gives natice of breach ta&+r�ower: (a)All rents receiv��l by Borrower shall be he!d by Bcirrower as inistee for
<br />, .-� benefit of l.ender only,t�be applicx!�o thr tiums�ured by the 5ecurity Instrument: (b►l.ender shall be entided to call��ct and �
<br />- -- -- --- rc�eive a1i af the rems�f the f'roperty: and icf cach trnani af ihe Property sl�I! pay a!! rents due a� ungald ta lxnder or
<br /> . ,.., `"��•��'�� •�'�• I.ender's agent on Lender's wrllten demanJ to the tenant.
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<br /> y . Borrc►wer has nat executed uny prior ussignment of the rcnts und has nnt und will ncx perfomi uny act that would prevent
<br /> �':�4*;''.`` �,, . �., Lender from exercising it�dRhts under this puraRraph I6.
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<br />- `��.`."`' '�"''��'� Lender shnll not 6e rcyuircd to enter upon, tuke cnnvul oP ar muintnin the Property bcFore or s�fler giving natice of breuch -
<br /> '�`���~'•'�'� '�'""` ta Barrc�wer. However, L.ender or u judiciatly uppninted rerciver may do sn ut any time thcre ir a Nreach. Any upplicution of
<br />.. ar�`_..- ,='. .„�. . �. :
<br /> - � � Y�„�� rentx xhull not cure or waive Lny defuuh or invulidu�c any uihcr right or remedy of Lender. This ussignment of renGs of the
<br />_ �!`••�� �°-•.,�•.: PropeKy.r•hall trrmirwte whcn the detN xecured by the S�YUriiy In�trununt iti puid in full.
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<br /> _. ;�.�u<;:;,.;„ - ; . NON-UNIFORM COVENANTS. &xrower und L.ender funher c�wc�unt und u�r�r us f'oUows: -
<br />. �..,r„... .
<br /> ' �'s'�"•�`'��""'' 17.Foreclosure Pmccdure.IP l.cnder rcquires immrdiate puyment in ful!under puraRraph 9,I.ender mpy Invoke the
<br /> af,.�.�.s .,�,,
<br /> power of snle and any other remedicw pennitted by upplicablc luw•. I.ender �hall be entltled to c�dlect all expenses
<br /> � ... .n
<br /> ���`'7"� • Incurred in pursuing the remedies under thi�p:irasraph i 7. inrludiaq. but m►t limited to. n�asonoble attorneys'fees ond
<br /> '`.�.�''� ;, oosls of dde evidence.
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<br /> a ��,;..�:�''�',"�:`°�`• ;� If the power oP sule iv invnk��d. Trust�Y shall r��cord u nntice of dePault in each county in whkh any pwrt ot the
<br /> :;s=1�.... ..
<br /> Property is I��ted and sball mail copicx oF tiuch nntice in the munner prexrilxd by uppliceble lww• to liorn►wer and to
<br /> '` •_ ��>>�.�'� Ihe other non.v resrrilxd b a licahle law.Af'ter tUc dmc r� uircd bv u icable law•.Trustee�hall ive ubNe notice
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<br />-� .�'�'•�� ..=� nP+�alc tn the ru�nv and In thc mAnncr rcticrilMd by u licablc Iv�r. Truslec. a�ithout demund on Narmwcr.Rhall rell
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<br /> ��==��"�- the Property at puMlic uucllon to thc hiRh�yt biddcr ut the thne and placc und undcr thc tenns d�.�slgnaled In the notice of -
<br /> �� �-�`,,`+� +•�". sale in onc or morr parccls end in eny ordcr Trustcc detcrrnhi�w.Trust�r mu�• postpone zale of ull ur pny parcel nf the _
<br /> �d�`�'i��� '� ' Property by pubNr announcement at thc tlmc�nd plurc of um• prcviously schedulcd wic. Lcnder or its desiRnee mey `
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<br /> ,��� ���;��;�,5.,,_;� purchase the Pmperly at ony sale.
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