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<br /> � � � �� 92�.10U313
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<br /> ��� „R, , � 12. Succexsors and Ascigns Bound;Jofnt aad Several WabiUty;Co,Sigae�s. The covenants and agrcement� of this _
<br /> ,���.� Socurity Instrument shall bind and bcnefit the successors and assigmti of l.endcr and Barrower, subject to the provisioos of —
<br /> ���°�" � parngraph 9.b. BoRawer's covcnants and agrcements shall be joint and several. Any Borrower wha ca•signs this Securiry
<br /> - , lnstnimeRt but daen oot execute the Note: (a) is co-signing this Secu�iry Instrument aniy tu martguge, grunt ond convey that
<br /> . `��:r Borrower's in�eres!in the Praperty under thc tern�s of this Security Instrum�:nt: Ib1 i�not penonully obligatecf lo pay the sums —:
<br /> — ""`"a secureJ by this Socurity Irwnimenr,und(c1 agrees that l.ender and�ny cnher&�rr�wer muy ugree to exlerxl,madify,forbear ar i��
<br /> ��"'���"�"''�� make any accommodations wlth re�nrd to the tecmR of�hic Secu�ity In�tn�ment nr the Note wi�haut Ilwt &►rrower's consent. =�
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<br /> 13.Notke�.Any n�+tice�o Bnrmwer priwiJed for in Ihi�Securlty Inslrumrnl �hall Ix given by deliverin�It ar by muilin� _-_ _
<br /> - � it by tirxt clu»� mAil unlesc applfcable law requir��u.rc uf unulher ox�h�xl,Tlw�w�tice.hall Ix�Jirc�ted tu the Propeny AJdrerx ��.,��_
<br /> ' '~ ur uny �Nhcr u�Wresti Borr��wcr de.i�{nuler My mNice 1�► I.rnJcr. Any ta�dcc��+ l.��xlcr +Iwll he givcn hy tin�t clu.�� maN tu �,�.�_.__
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<br /> �.'�'�` �' Iwi�lc�c wWre.r,talud hcrei���r�ny wldress l.c�xlcr Jrsigiwlcr by nutirr�n &�rr�►w�r. Any notirc pnwid��l fi�r M this 5ecurity
<br /> �'_:_
<br /> - o;;,.N�,�,,;� Instrunxnl yludl be danwJ�o iwvc heen givcn�o Bnrrower�r L.cixler when�iven ac pmvided in this puraYraph. ��.,._=•�,m„:
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<br /> �+:� • a 14. liavernl� I.s�w: tieverabillt�•. Thiy Sc�:urity In�trument .hull hc �overnal by iaicrul law nnJ thc luw of the =�'""�"-
<br /> � .�.�"�?'%���.,��� � _�___
<br /> a,,�,���-�3�;;�,_ , " junulictiun in which �he Pn�perty is IocateJ. In thc ev�nt thut uny provi�i�►n nr rl•ru�c of Ihiti S��uri�y InstrumeM or the Note
<br /> �-°a�a��r, ,�� `��
<br /> . - •,,,,.Y,�.n rontlict.r with appliruhle law. yuch con0ict shull not•rPfeel other provisions af ihiv Security In+wment ar the NcHe which can be _s_
<br /> '�;;���� • given effect wi�how �he canllictin�provi�rian.T� this end the ptavisions of thiR Security Instrument and 1he Note are declared �._
<br /> �..:..: � �---
<br /> �M�.�- y;�, to be sevcrable. E"�-,�:
<br /> - .�:� ,�, „ �: � __
<br /> �?�"_,n,r 3'• . IS.B�xrower's CopX.Borrower shull be given one confomied copy of this Security Instrument. �:
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<br /> •:�`;��'`,', 16. Asslgnment uf Rents. Borrower unconditiunally a+xigm and transfers �o Lender ull the rents und revcnueti af the �:. •;
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<br /> _ � ° • Propeny. Bonower eWhorizes l.ender nr I.endei s ugents to collect Ihe rents and revenues and hereby directs each tenant of the
<br /> •�_:�.� , Property to pay the rents to L.ender or l.ender'�ugents. However,prior to l.endir's notice ta Borrower of Barrower's breach of �;,,�;;-
<br /> S�J�f+;- .q iaH�4.7 --6 �s_y,'�+�:�-;::
<br /> •• any covenant or ugreement in the Security Instrument. Borrower shull collect and receive aU rents�nd revenues of the Property
<br /> "+'" • _ ' . n.s �rustee far the benefit af l.ender s�nd Borrower. This assignment of rents constiwtes an absalute assignment and not an ���°�`-
<br /> .-{w t ','( �i.:�a..,..
<br /> -_:�`y.'i . . . .s r?�; �ssiynment far additionul securiry only. , .1;'';�'
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<br /> -�r � � `���t If L.ender rves �rotice of breuch to Borrower: (n)uU rents�eceived by &�ROwer shall be held by BaRawer u+trustee for �
<br /> �Y��, ,�� �;�.�n,:- . g t10 �W
<br /> :_�,-n be�iii of i.end�r only,rn tsc applicd to the sums �trured by the Ce���ryry�mtrument:rb1 l.ender shWl be entitled to collect und --
<br /> 'r�' receive ull of the renls of the Property: und (c) each tenunt of the Property slu�ll pay a11 rents due wid unpuid to l.ender or ��-=-� '`
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<br /> • ,:�.,;•�•;�, L.endc�'s agent on l.ender's written J�tnnnd to the tenant.
<br />,=�(,; . .-� Q�u; ,-,r . ii`,�, �'_,-•-
<br />- � Rorrower has nut executed any prior ussignment uf the rents und has na a�xi will not perform any act that wauld pravent ��'
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<br /> . .. I.ender from exercising its rights under this psuugraph 16. �'t�--�_�`
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<br />`�r•• ' , ' ,,;� l.ender shall not be reyuireJ to enter upim,tuke control of ur maintAin the Propeny befbre or after�iving notice of bre:tch ,
<br /> • �. iiAh. —:
<br /> �•��•• • ' to Borrower. However. Lender or si}udici;�lly uppoim�d receivrr muy d�i so ut any time there is a breuch. Any application of �_
<br />;+' •' � rents shull not cure or wvive nny default or invaliJutr uny olher right or remedy of Lrnder. This ussigntnent of rents of the ��;
<br /> � ,;,�*%, �' � " Property shall termiruue when Ihe debt.crurrJ by thc Securiry Imlrunxnt ix paid in full. '=:=.`�
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<br />,�,:; ° • NON-UNIFORM COVENANTS. &�nuwcr•rnJ LcnJcr furthcr covenunt unJ agrce ux fnllow�: •- '��= "
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<br /> , ,,:r,,,�,,;�.;..,��,4� 17, Foreclosure Procedurc.IP Lender r��yuires immediate puymcnt in Pull under paraRraph 9,Lender ma�•invoke the �-��r^�
<br /> power oP sale and uny other remedies permitted by applicable laa. IAnder tihall be entitled t�r collect all expenses ����.:
<br /> � ��; �,;�:�.',.�;;�� incurred in pursuing the remedieti under this paregraph �7. includin�,but not limited to.r�onsibk�ttorneys' �ees ond �_
<br /> � d• ''� costs of title evidence. �`��_
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<br /> , �;�.t;s.,:, If the(xrwer oP sale is invoked, Trustee �hall record u nutire of defuult iu cs�ch cnunt�• in which am• part ot the '
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<br /> s'�''`�••��• • Pro rty is loeated and shall mail copi�w of zuch nolice in the rnanner preticribed by applicable law to Borrower und to ' .;`�i��:'--
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<br /> �J,�: �..r' . the other persons pr�crfbed by applfcable Is�w. After the Nmc reyuir�rl b,r applicable luw.Trustee sf�all Rlve public notice �ls���;�;;�;f
<br /> �,;�;; ,� � . of sale to the pcncunc and in the munner prescribcd by npplicablc lu�s. Trustce. w�ithout demand on&�rmwer, tihall scll '�''.�`%j•.r•,:
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<br /> �::���.,,�� the Properly at public auction to the hi{�h��t bidder ut the time nnd pluce und under the termr dcsi�n�ted in 1he n�►tice of •.:„ ,.{�.
<br /> � •:,t`;:�;:�,.:,', sulc in one or more parcclti and in any ordcr Tru+t�r�determin�w. Tru,t�r mu�• po.r•tpone sule of ull o�um• parcel oP the ,�f:'!.,;�
<br /> `'`'�° "'' � Propertv by pubNc unnouncement at the limr and pluce of un� pre�ioutil� uheduled wk. Lendrr or ilz de+lgnee mpy r,-• •.
<br /> � � ,�,'�,~'��� purchuse the Property at any sale. ,;` .i;�
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