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<br /> � !2.Sa�oesso�s,and �t�ns�ott�l;.Tolnt�ad Ssvezal`�dAhW�r; Co�Sf�x�s. The oovenants art�a�i�t-6f this
<br /> < �geuricy Ynstnzment shall bind and bette�it the suooessors aad s�ssigns of Lender and 8orrawer. subject to the paovisions of � -
<br />• - , . ,paragraph 9.b: BorroNer's covenants an��agceements shal! be:joint and severat.�A»y Horrawer tivho co-sig�this Sesarity
<br /> �strument�hnt does not exec�te the Nate: ta)is co-signing this Security Insuument onty to mortgage,grnat aad couvey that • -
<br /> Bnrrower's iqterest us the Propeny�nnder t�terms of this Securiry Instrument;(b)�s not person�Uy obligated w pay the sums _
<br /> � o sec�red 6y this Sec��rIty Insuuu�.eni;ant!(c)ag�es tt�at Lendes and any other Borrower may a�ee to eatend, mod�fy,fori�ar or "
<br /> , make any accommndations wIYh re�ar�3 w Yhe terms of tttis Security Insmmient or the Note without 1haL Horrower's oonsent. �
<br /> . 13.Ntot�ces.Any aatice t�Borrower�rovided fo;Ia this 5ecarity Instrument shall 6e givep by delivering it or by mailing
<br /> it by ficst c[ass mail anless agpticubte Law xequines nse of another method.�The notice sba116e directed ta tit�Prag¢�Ly Address _
<br /> or a��y other address goaower designazes hy aotice to Leader. Any.rwtice w Leader s�all be pven by 5rst cla�s maii to
<br /> I.ender's addcess stated t�erein ar aay addiess Lender designates 6y nottc�to�orrower.Any nosice provided for in this Securiry .
<br /> Insuamant shari be deemed to have been giv_en to.8omvwer or Lc�tder when givea as p�vided in tHis��aph.
<br /> 14. Governiza� Law;��?�4ttt�. This.Security Insirument shali �e gov�idi-�y federa� !:v,*�cd tL*�:a�� of t�ie,.,'. ,.`: -
<br /> j117'IS�tCtlOA IA WItE�jT1t,�. us t�t�d;,-.14r�:t�«evens�a�r ptovesiers ar c3��.�,t-�u�`�is Ser,tuity I�u�:s�:;e�Fat,�;:;:;;-:;: ;
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<br /> ', conf�cts wit6 ag���.-'�',s�t.o"i�ntifla�sTa�i:i���,7�'.ta�.provisimffs��t�s�ac�a'ty Insfimiemt or the No1e�es�n�`. '.
<br /> ` , �giv��.`,.�r.`�t�rctL�s.t��aQi#iie�i�.�imvinan..'�P¢i�:s r�t:a���ravisions of ttus Secusi�g�nst�unaent aAd the N�t�°,��3eclared
<br /> .. to tv��3e. `•��� - • '
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<br /> l�.Bor�awex's Copy.Borrower slt�!!bs given one conformed oopy of this Security Instrument. ' � �
<br /> 16. Assignmeel n�Rents.�Bqrrower un¢onditio�aliy assigns an�pansfets to Lender all ths rents amd rave�iues of the
<br /> . Praperty.Bocrower authorizes Lender or Lender's agemts to callect tbe rents sad�zvemi�aad hede6y directs each tenant of tfee '
<br /> Pcopertjr to pay the renu to lxnder or�!der's agatts. However.prior to Lender`s aotice to Barnower of Borrower's bre3cA of �
<br /> any covenant or n�ement in the Se�uriry Iasuument.Borrower shali colle�nnsi receive all rents and reveuues of the Property
<br /> as trostee for ttie beaefit of Gendes and Bomnwer.This assignment of rents constiartes aa absolute assignment end aot an
<br /> ass�nmen3 for 2dditiona!s$curity only. , . � •
<br /> . If I.ender give3 notice of breisch to Borrower:(a)all tents Keeivad by 8ormwer sHall 6e.he2d by Borrower as trustee for�
<br /> t�enefit of Lender`bnly.to 6e applied to the sums secured by the Security Insinunent:(6)Lender shall be enutled to colleci arld ,
<br /> rereive aU of the relnta ot the Property:azud(c)each tenant of the_Praperty sfiatl pay a!1 rents due And un�pa�d•to Lendet or • '
<br /> Lender's ugent on Lender's written demand w the tenaat. " . '
<br /> Borrower has.not c�ecuted any priar assigrunent af the sents and has ttot and�vill a�ot perfoan any aci that woutd prevent
<br /> ' Lettder from exereisiag its rights uader this paragaph 16.
<br /> I:ender shali not be�qulred to enter upon,take oontrol of or maintairr the Property before or aRer giving no6ct.���Srea�h .;•.�
<br /> �o Bo�wer.However,•L;^..drr•ar a judiatally appointed receiver may do so at any time there is a bteach. Aay ap�;if;�tion of .
<br /> . rents s'�ill not aue o�waive a�r,�efauit or in4alidate any�laer rigbt or remedy of LeQder.�This assigament of a�T.�oP the
<br /> Progerty shail terminate when t�e r�ebt secu�d by the Securi�y instrument is paid in fuU. . '
<br /> NON-[TNIFORM COVENANTS.Boaawer and Lender further oovenaat and a�ree as follows: • . , , �
<br /> 9T.Foreclasare Proc�rue.It Leader requtres immediate paymeat in tbU�d��ragraph 9,l,enct�r mag tavake the'
<br /> � pa�.of sale end any a2hea p�edie4��germitted by.�IIcaDIe law. Lendes.I�3�.$e eatitCeO to coIIe�t ali exp�ses«..
<br /> � �facutred in pmsui�g the reascrlies u�nder.thts parag�►pb�'7,inciadI�mg,bu!no��ss!'�to,ceasonable atto�rneys'fecs aad
<br /> �osta oP t[t1e evidea�e. � ' �
<br /> � • If the pa�er of sale is invoke�,Tfustee shall reco�ci a notice of de4anit i��r�r county in whict�uny pa'rt oi tbe
<br /> � Property Ln tocated aad sbaU mail copl�s of sucd aotioe in the manner�►�scrIbedl 2�y�applicabte l�w to Borrawer and!o
<br /> the uther persons�rrscri6�by opplipble[aw.Aftei the ti�e re3�utred b�+appf3cab;e�aw,Trostee shail glve�pn6lIc aotI�ce
<br /> of sate to the pe�ons and in 3he manner prescribe�by epplicable Iaw.Tduster,wfthoue demand on Borrawer,shu11 sell �
<br /> the�Property at pabllc andion to the Wghest biddes at the time and ptace aad ander the terms desi�nated 6a the notice of . .
<br /> ' sale in one or more�Rets and tn eny osder Trustee dder�ines.Tsustee may pontpoue�afe of 8ll Qr any p�rcel ot the
<br /> Prapetty by pubfic a�ounceffient at the tlme snd ptase of uny prevtously schednled sale:I.ender or its des}gnee m��
<br /> purcI�se the Y�rope�ty at any sal� . ' , .
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