|
.. ......... ... ..j;��,. '
<br /> �i .�J��11 .. . . ., -
<br /> ;'(�1��i 9 J __....-.
<br /> �
<br /> �� -.'�'.Mfl�,ll' ' . '� r�l..,.. �' i:
<br /> � .
<br /> � .. lil�:.�., � .. .,.i __ .""
<br /> � .. -� „ . .�" . .. � � - .` � �r�ti`�i�}`:•-- -
<br /> / ' ' J� t�:��.!ya.= ���' �?-�� ��._- __
<br /> "j . ,^{ ...t.. . • . ' -�. .. • . . . . . .� .,w .,- r- _ _ r`_—_
<br /> � . , .
<br /> -�--.,.,'..-.M-, ��.,m-.,:�n.•..�y3 _�,��...��e_'- � . .. .. . .. . ... .n�..�.r-.+.:.n�,'wm�nx+:•r.ai*�. ..���.. ,...n.au.y�a.=.. --• ...... .. .. _ ..
<br /> � "' .a.}„ . .».....ir.•..a�',iw_y�,.,..:t�kvw.w�..ar�.a..... ' " . ' • .' • . . . ... . . .._ ... ...._ _ :,e.�� -_ . -
<br />..;. . . ., , .. . _ . � .. ,• . a . _ , 1 F'�L. .. .r..�
<br /> ., � � - ,. - .. - . .. . ; , „ - - -
<br /> .. .. _
<br /> ; ,� � .. .� ..._..
<br /> .__.. -_-_�__._ ..._.__'._—_.'�'_......... ..__._ .ie_.__._�__.J._„_ .._... .
<br /> .. .. . .....__.__.__....._......---°'---..._..._..._..._ ...._........ ... ._._... .-�-- -._.----__..._.._. _.... ..__ .. . , - -
<br /> . . ., .' ..�.�'__..LL�_:-..�±_ --_--
<br /> � �• , � �Q'9 4--�(���J��ii �-_:== --
<br /> 12. S1�ccessors und Axsigns Hnu�id; Joint m�d 5evee�nl Llability; Co-Si�ners.Ti�c covenants and agreements of this m_� __
<br /> � , Security Inst�•ument shall hind and benefit the suceessors 1nd ussigns of I..ender and Rorrower, subject to the provisions af ��'"'���`-`�"'"�"
<br /> '' � paragraph 9.b. Borrower's covenants and agrcements shall be jciint and several. Any Borrower who co-signs this �eeuriry _
<br /> � - Io+irument Uut Juc+ not �xituce tltc Note: (a)is w signing this Security Instrument anly to mongage, grant and convey thae �j``r--'��
<br /> ��� Bormwcr's inecrest in tite Property under the tern�s of this Securiry Instrumenr. (b)is nut persanally obligatcd to p�y thc sums
<br /> � secun;d by this Security Instrumcnt;and(c)agrees that Lender and any other Borrower may aErec to extend, modify. forbcar or
<br /> makc any accommodations with regard to the tcrms of this Security lnstrument or ttac Notc without that Borrower's canscnt. -- —
<br /> 13. Notices. Any notice to Borrower provided for in this Se,curity Instrument shall be given by delivcring it or by mailing --
<br /> � it by first class mail unless applicablc law reyuires use of another method. The notice shall be directed to the Property Address ----
<br /> " or any otlier address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class maii to
<br /> Lendcr's address stated herein or any address Lender designatcs by notice to Barrower.Any noticc pravided far in this Sec.urity —
<br /> [nstrumcnt shall be deemed to have bcen given to Borrower or I..endcr when given as provided in this paragraph.
<br /> 14. (;overning i.aw; Severnbllity. This Securi[y [nstrument shall bc governed by fedcral law and the la�v of the ��
<br /> " . �' jurisdiction in which the Property is located.In the event that any provision or clauseof this Securiry Instrument or the Note
<br /> � ronflicts with applicable law,such contl ict shall not uffect other provisions of this Security Instrument or the Note which can be =_
<br /> : . �;iven cffect withoue the conflicting provision.To this end the provisions of this Secttrity instrument and the Note a�a declure<l _
<br /> to bc sevcrablc. �"'
<br /> R��•�- --
<br /> 15.Borrower's Copy. Borrowcr sh�ll be givcn one conformed copy of this Securiry I nstrumcnL �
<br /> �•:__--
<br /> ° 16. Assi�nment of Rents. Bnrrower unconditionally ;assigns and trinsfers to Lcnder all the rents and revenues of thc _-
<br /> � � Properry. Bnrro�ver authorizes I,ender or Lender's agents to collect the rents and revenues and hereby directs each tenant af the i--
<br /> � Property to pay thc rents tu L.ender or L,ender's agents. However,prior to I.ender's notice ta Borrower of Borrower's breach of � ��
<br /> � any covenant or agreement in the Security Instrument, Borrc�wer shall collect and recei�•e:all rents and revenues of the Property ;�__
<br /> ' as trustcc for the heneFt c�f l.cnder and Borrower. This assignment of rcnts constitutes an absolute assignment and not an ' ,,.
<br /> . -
<br /> • assignment tor acltlmona�security oniy. � � '
<br /> , 'WF��'
<br /> If Lender gives notice of breach to Burrrnver. (a)aU rents received hy Borrower�hall be hcld by Borrower as trustee for �
<br /> " � benefit of L.ender unly, to be applied tu ihe �ums sccured by the Security lnstrumenr. (b►Lender shall be entidecl to collect and .:i
<br /> � ° rcccivc all of thc re»ts of the Property;and(c) wch tenant of the Property shall pay al l rents due and unpaid to [.cnder or ,;�
<br /> •- L.endcr's agent on Lender's wriucn dcmund ta ihc tenant. .r
<br /> :' Borrower h;iti not rxecuted any prior as�ignmcnt uf the rents and hns not and�ei ll not perform any act that w�uld prevent '� r "
<br /> , Lcnder trom cxcrcising its ri�;hts undcr this par�graph IG. ' .- %'
<br /> o'�L• •
<br /> Lendcr shall not be rcquircd to enter upon, takc rontrol of or maint:tin thc Property hcfnre or aRer giving notice of breach '" +�'� •
<br /> ° to Borrower. Howe��er, [,ender ar ajudirially app��inted recciver may do so at an}• timc thcrc is a breach. Any application of '�_ '�' ,�—
<br /> rents shall ne�t curc or waive any default or invalidatc any odier right ur rrmedy uf L�nder. This atisignnunt of rents �if the �. ; _ �
<br /> „� ' •
<br /> Property shall terminatc when thc debt scr:ured by ihc Sccurity histrument is paid in lu II. ;.,�f �
<br /> � ��
<br /> NON-UNIFOKM COVENANTS. Borrowcr and l.cndcr furthcr ruvenant anJ agrcc a� li�llc��vs:
<br /> , ' �� .F
<br /> 17.I�orctilosure Praccdurc. If Lendcr r��uires immedintr puyment in full undcrp�ra�raph 9, l.endcr may invokc thc ' '�
<br /> po�r•er of sule und uny other remedies permitteel by applicublc lii��•. i,cnder tiliall he entitled to coltect snll expenses . ,
<br />- � incurred in punufn�dtc remedies uuder this para};rupl� 17. includin�;, but not lirniteel tn� rcasonuble uttorncys'fEYw und • ''
<br /> _ - ,,, ,'
<br /> -� costs uf tiNc cvidencc. � ' �,
<br />—.�,. If the po�+er uf sale is i�n•oked. '1'ru,tee sl�all r�YOrd :� m►tice uf defuult in cach count�• in ��•hich unr• part uP the ^ . '
<br /> . f'roperty is lncated i�nd shi�ll m�U copleti of tiuch nntire fu the ma�iuter prescrihed b}• upplicuble(u��• to llurro«er mtd to
<br /> � tl�e other pen�ms presrrfbcd b}�up�lidable la�c.Af'ter the time reyulred b��applicu6le!a��, 7'rustiti shall�ive puhltc notice
<br /> of'sule to the pe�sons and in the mnneter prescribed b}•applir,tble lu��•. 'IYustiY, ��ill�uut demand on 13orroaer,shall scll '
<br /> thc Pruperty i►t public auction to tim ht{;hest I►iddcr ut thc ti�nc und plarc und undcr t he terms d�.wi�;nated in the notice of
<br /> � �alc in one or more patxcls nnd in iro���►rdcr 'll•ust�Y deicrmhic�. '1'rutitee m.n� pu�t�sone sale oi'uU or any�parccl af the
<br /> ' Propert�• by public �mnouncement ut the thne imd p�uce of mn pre�•i�iusi}• �cheduleel,ale. I.ender or its de�i{;nee nwy `
<br /> purchi�se thc 1'roperty at any st�lc. �
<br />' �-4RINE) n.�,�..�,„�� I
<br /> , � a
<br /> _�_ _ __ _ _.
<br /> .� ____ ---- -- -� . –
<br /> # ' „
<br /> �
<br /> � ' „
<br /> .�
<br /> �;� ' � " „ ..
<br /> _ � � . f .. _ .
<br /> r� ,. „ , .
<br /> F �.
<br /> ; . �
<br />
|