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<br /> 12. Succe�or�s ond A�Aus Bound; Joint�pd SevHal Lis�hllity; CoSl�ns.Thc covenurta at�d agneemente o£this �
<br /> Sncurtty instrument shxil hind und ixneft the se�ocessors and assigns of l.ender end Horro�ver� subjat to thc pmvisia�s af
<br /> paragraph 9.b. Borrawer's covenants and aFreett�nts shalt be jaiN and s�cveral. Any Sorrowcr who cu-signs tteIs Sex.vrity .
<br /> InsUument buY dcxs not execute the No�e: (aa 1�co-signir�g tfils Sect►rlty Insuwnent only tu mo�ig:�c,gr.ui a��d convxy tb«t
<br /> Borrower•s inunst in tha Properiy under tho tenns of this 5xudty Instn�ment:(b)ia nut persons�lly obligated to p�.y the sums �
<br /> secured by this Security Instniment;and(c)agrees that 1.E�r end any otder Borrower may aAree to eatend,modjfy,fo�fitar or
<br /> makc any acoommodations with c�egerd to tho terms of this Secarity Instcument or the Note wIttiout thnt Horrower's cansi:ni.
<br /> t3.Natieee.My natioe to Borcawer pmvlded for im thia Secutity Inst�umant shall be givea by dellvcring it or by riiAitipg.
<br /> it by fics��1ass mnU untess uppficable law requir+es use uf anotl►er ine�hod.The natico shal!bo dir+xtcd w thc Pmpcity Add�'ss ' .
<br /> oa any ot�i�r �dd�+ess Boara�ver designates by notice to I.endar. My natice tp�I.eiuier shati bo given by lirst class a�nil to
<br /> Lex►des's uddrrss stated henin or any address Lender d�ignaus by notice to Barmwer.My np�i�p�videt�for in thls Stcnrlhy
<br /> I�utcumcrn sha!!b�deemed to hava been given to 8orrower or L.ender whcn given as pmvlded'in�this paragr'aph. '
<br /> 14. (iovemipg I.ew; 4evtrabiltty. 'This Security lnsuument shull be govemcd by fedeml law and thc law of the
<br /> Judsdictian 1n whIch the Propetty iA lacAted.In the event that any pmviRian ar clAUae of thia Security Instrument ar the IVote
<br /> cantltcta wlth applieublo law.�uch ccnilict shui!not affect ather pmvisians af thia Security Instrumem or the lVate which can be
<br /> givc.n effect without thc coaflicting pmvisian.To thia cnd thc prs�vic+ians of this Security Instrument and thc Noto uro dcciared
<br /> to bc scvcn�blc.
<br /> IS.Burmwer'R Copy.Burru�vcr sh�ll bo given nnc confarmed wpy of this Sccurfty Instrumcnt.
<br /> 16. AsRfAnment uf Rent�. Bar�ovier unconditionulty assigns und trnr►sfers to L.ender all the rcnw and nevenues of the
<br /> Property. Borrawer uuthori•r.es I.ender or I.endet's a�ents to collect the reRts and revenues und hereby direrts euch tena�it of the
<br /> Properry to pay the rent�to I.ender or l.ender'a ugents.Hawever. pdor to Lender's notice ta Borrower of Homnwer's breach of
<br /> any caven:uit or ngreeraent In the Securiry instniment.Borrower shall collect and nxeive uli rents and reven¢es of the Property
<br /> as uustce for the benefit of Lender and Borrower. This assignment of renu canstitutes an nbsolute assl�nment nnd not an
<br /> assiynment for addidonal security only. �
<br /> Tf f.ender gives notice of breach to Borrower: (a)s�ll rents n�elved by Borrower shail be held by Borrower as uustee for
<br /> beaefit of Lender only.ta be applied to the sums secured by the Security Insuument;(b)Ixnder shall be endtled to collect and
<br /> rece[ve all of the rents of tho Property: and(c) each tenunt of the Property shaU pay all tents due and unpuid tv i.ender ar
<br /> L.ender's agent on Lender's written demand to the tenant.
<br /> Banower has not executed any prior assignment of the rents and hes not and will not perform any act that would prevent
<br /> L.ender from exerclsing its rights urtder this paragraph 16.
<br /> Lender shall not be required to enter upon. take control of or ma3ntain the Property before or aRer givin� notice of breach
<br /> tn Bonower. However. Lender or a judicially appointed receiver may da so at uny tjme there is u breach. Any application of
<br /> rents shalt not cure or waive any default or invalidate nny other right or remrty of L.ender. Ti�is assignment of rents of the
<br /> Property shall terminate when the debt secured by the Security Instrument is paid in full. "
<br /> NON-U1vIFORM COVENANTS.Borrower and I.ender further covenant und agrce as follows: _
<br /> I7.Foreclosure Procedure.If I.ender tequires immedlate payment in fWl under paragraph 9,Lender may invoke the —
<br /> po�rcr of sale and any otlter reneedies permittesl by applicable law. [.ender shall be entlQed to coltecd all expenses =
<br /> lncurred in pursutng the remcdies under this paragruph l�,including,but not limtted to,reasoaabie attomeys'fees and =
<br /> costs of tidc evidemc.
<br />_ lf the nower os snle Is invoked, Trustee shall record a notice of default In each county in wMch any part uf the
<br /> Property is locuted t�nd shall mail capies of such notice in Rhe manner prnscribed by applicable law to Borrower and to =
<br /> the other pessuns prescr[bed by applicable law.After the time reguirec!by applicable law,Tntstee shult give public notice n':
<br /> of sale to the persons and in the manner prescribed 6y applicabte law.Tcnstce,�vithout demand o»Bonrower.shali seli F`
<br /> /he 1'ropQrty ut public uuction to the htAhest bidder nt the time and place and under the terrns dc�ignated in the notice of —
<br /> sale tn one or more parcels nnd in any order Trustee determiney.Trustee may paytpone sale oP alt or uny parce!of the �
<br /> Pruperty by publlc announcement nt the time and place of any prnviously scheduled sale. Lender or its desi�grtee rnay r-
<br /> purciiase the Property at any sale. !_
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