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<br /> ' 92- 100113
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<br /> �� ' 12. Suoceaon and Assi�� Bound; Jolet And SeverAl Uabll(tyt Co-SignerR. The covenunts and ag�eemen�s of thla ---
<br /> Secudty Instrument Rholl bind wid benefi� �he successors and assigna oi L.ende�aixi 6oemwer, cubjcet to the provlaians of "`1"`
<br /> — � pa�ugtaph 9.b. Borrawer's covenanta wrd agreemenla shall be j�int and severnl. Any Borrawer who ca-sig�s this Secu�ity
<br /> v�:� Insl�ument but dces nat ezecute the Nata lal is co-signiog this Sucu�ity Ins�n�ment anly to mnrtguge.grant anJ convey thnt —
<br /> � Horrower's interest in Ihe Propeny under Iha Ierma of'this Sccurity Instrunient; Ib)Is nut pe�nwlly obligated to pay the�;ums �
<br /> ,,,,,�� -� secured by thia Security Instrurr�ent;und(c)agrees ths� Lender und any other porrower may ugree ta extend.mudify,Wrbenr or —_
<br /> =�`'�-°—'-�°-�'--"-� mukB Kny w;�:atn��wdsuions with tegurd to the terms of�his Securi�y ►nsmrment or thr Note wfthout thnt Borrower's consent. �__
<br /> .�.0.=�r• L 13. Notkes.Any naicc to Borrower provided for in this Secu�iry Instrument ehall t+e Riven by delivering it or by mailing r�
<br /> � it by first cicus muil unless applicable luw rcquires uso of another metlwd. The notice shull be directed w the Prupeny Addrevc _
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<br /> __ _-`';�.� or uny other address R�imower designutes by notice to Lender. Any notice to Ixnder shull be given by firait clu.c� muil to Q„_,
<br /> ��``'•-�. l.ender's address slated herein or any uddress Lender designates by notice to Borruwer. Any notice pravided for in this 5ecurity
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<br /> - --��- ""� � � Insttrument ahull be deemed to have been given to Bormwe�or Lender when given uv provided in this paragtaph. �
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<br /> -�`�"�'�°�-�`�� 14. Governi� Lnws SeverAbility. This Securiry lnstrument shall be $ovemal by fcderal luw and the law of the
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<br /> =����L >•' jurisdictian in which the Pn�pe��y is lucuted. 1��thr event thut any pruvisiun or clause of this S��curity Instrumcnt or the Note
<br /> �'�>: canflicts with applicable luw, such eanflict shall not aifect other pravisions of this Securi�y Instrument ar the Nate which can be .,;�';
<br /> -"'_-"°"' ro��'��V':,., given effect withaut the conflwcting provision. To this end the provisiona uf this Securiry InstrumeM and the Ncxe are declaral
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<br /> :;�`����• tu be sevemble. �:._,�.
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<br /> --_••i� ,�. I5.Borrower's Copy.Borrower shall be given one confornuKi rnpy of this Security Insuvment. -;�^ -
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<br /> _ �"''"`-"�`-�=,`' l6. Asgignment of Rents.Borrowe� uncanditionally ussigns und trnnsfers to Lencler ull thc rents und revenues uf the ':�;;,
<br /> - ��';:,R�' `' ' � Property.Borrower authorizes Lender ar Lender's agents to collect the rents and revenues und he�eby directs each tenunt of the °-�'
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<br /> ,,�����•�i��y;% Property to pay ihe rentti ta Lender or lxnder's ugente. However,priar to i.ender's notice to Borrower oP BoROwer's breach��t ��•�:,;
<br /> �°'"� an covenant or a reement in the S�curity In!itrument, Borrower shull collect end receive all rents und revenues oi the Property �,
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<br /> �_,.,_.t�,,�`�, �' as trustee for thc benefit of l.�nder and Bornnwcr. This ussignment of rents constitutes an absalute assignment and nut an ��;;:a�;
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<br /> �----•r,"��,T�+,;._ _ ecsignmem for additional securlry anly. -
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<br /> __ --`°`� ' if lxnder gives notice of breach ta &�nower: la) aU rents received by Borrawer shall be held by Barrawer a.ti truslee for ��
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<br />--- ,,�a,,,Mrrr�. .�:�': beneii[of i.ender only. tu bc aNplic�.i io thc sur�s secured by the Security[nstrurnent: !b?Lender sha!! 6e entitled tn r�11eY� nnJ '
<br /> �,e�rt`�'r�",,,, receivc all of the rents of ihe Property: and lc)cuch tenant of'the Property sball puy�II rents due and unpaid to Lender or �
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<br /> ��" ��1��- . I.ender's agent on Lender's written demnnd ta the tenant. �
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<br /> �E1 �SS �'•`'�" Borrower hu.�not ezecuted any prior nsrignment of the nems and huY nW and will not perform uny uct that would prevent �''�
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<br /> �;;„ , , l.ender from exercising i�v rightx under thiK puragraph 16. �
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<br /> -=�� • ��` � � Lendcr shall not be requireJ to entcr upon,Iak�control of'or maintnin the Pmpeny before ar uft�r giving nmice��f breuch __ _
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<br /> �� ti��' to Burrower. However, l.�t�ier or u judiciAlly uppointcd receiver muy do so rt uny time there is a breach. Any�pplicution of
<br /> •`�'�' " � " rentx shall nc�t�urc or w�aivc any defuult or invulidatc any ��dter right o� remcdy of Lcixier. This assignment ot' rents of the � `'
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<br /> "' '' Prnparty shull terminute when the debt�ecured by the Security In.trumcm i+paid in full. �=
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<br /> ::_w';- r� NON-UNIFORM COVENANTS. &�ROwe�und Ix�xier furtlxr ciwenant und agree us fiillows: �
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<br />__�_°�,�� .,,;!���:?? l7.Forecbsure Procedure.lf l.ender reyuir�Immediate puyment in full under parvgruph 9.Lender may invoke Ihe �i_
<br /> _ •�, .,� o ..° ., power oP ssle and nny other rcmedies permltted by applicaBlc law. I.endcr shall br cntiticd to c��llect all expenses
<br /> -_�i��. -•:�'..i,'•"'"` incurred in pursuing tMe remedles under thlx purugn+ph 17,includlnQ. but not limited tn. re�nwble�norneys'fees and
<br />__ ,;F,. �:{�' coasts of dtle evidence.
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<br /> ;* �•�� �r�=� If thc power ot cale is inr•oked. Trustee shull record a notice oi'default in cach rounly in which any pwtt of the ���;
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<br /> Prnperty Ix located and shull muil copir�o�'such noticc in the munner ptrtic�ibed by� applicable Iww• to Borrower and to
<br /> '�'f��� :; ,�j ; ,.� u� ` Ihe other perxons prescrlbed by applicable law•.Af'ter the time required by uppllcublc luw.Tru+t�ti sNall give pub8c notice d=
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<br /> _�.y`u� „�i f,�����„ n oP w�le W thc persnns and M tqe menncr prescrihed by upplicahle lax•. Tru+tcc, �vilhout dc�nand on Borrower,shull seU �.�:�
<br /> , , the Property yt public uuction tn the highest bldder at Ihe time and plurc ond under the termx desisn�ted in the nutice of
<br /> �"^. . ,., .,:� rale in one or more psireels und in�ny urder 7'rust�r determini�.'1'ru�t�r mu�� ��stpimc�ale nf all or An��parcel of the �y-"
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<br /> �� ,•�«'� Propert��hy public annuuncement at the timc und pl�rc oP un� prc�•ioud�• Khcdulcd ,ulc. Lender or itx desianee may `''
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<br /> � �-,��. :`. purch�+c the Property at any sale.
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