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<br /> 1�. 5uo�sots and �ssigns �auus�; J�iut rstd S:e�eta! L!abiD64g i Co-Sd�ers. The oavcaants �nd a�r�meau vf tl�s -
<br /> ' �• Sesuriry Instrument shall bind anai benefit dte successflrs and assigns of LPndcr and &nrro�ver. subjert to d�e provisions oS
<br /> parag�aph 9.b. Lorrower s wvettartss and agreements shall be joint and sevcral. My Borrower who co-sipns this S�cttrIty
<br /> _ s Iastrument but daes not eaccute the Idote: (p)is�signinII this Security Iastnunent only to mortgage, grant and rnn�ey that
<br /> Borrower s interest in the Propeny under the tetaas of this Sr.curiry[csstrument;(b)is aot persanuiDy obligatEd co pay�he sums
<br /> 4 sewred by this Sec�erity Irtsmiment:and(c)asrees that Lender nad any osher Borruwer muy agc�e to eatend,madify,Corbeap or
<br /> • ma►se any acooa�madations with regard to tha terms af�h[n Security Irtstrument or the Note�vithout thnt Borroiver's consent.
<br /> _� 13.Motice�.Any aotice to Bor�ower pmvided for in this S�curiry Insuurrtent shall be given by deliverirtg it nr by mailing _
<br /> it by fissY ctass mai�wtiess applic�Es iaw eequines tts�e of s�other ntetiaod.The notiee sha31 be dir�cted to the P�peaty Addr�ss
<br /> or any other address Borrower designates by narice to L�der. Any notice to IRnder shall be give� by first class mail Lo
<br /> Leader's address stated hecein or any address Lender designates by notice to 6orrower.Any aatice provided for in this Security
<br /> Inssnvment shall he deemed to have been given to�ornawer ar Leader when given�provided in this paiagraph.
<br /> � � la. Gove�c�ag daer, Severa[�filaty. This Security U3suuu�ent shall �e govertted hy federal law art�d the lav� of the
<br /> �'--� . jurisdiction en vdzic5 che Pcopeny is located. In the event tbat any pr�vision or clause of this Sr.cusiry Instnunent or tha Note
<br />�`,`:� cont�icts with appYieable lav�,suc6.�onflict shall not affea otZier provisions of this Security lnsuv�ent or the Note which ca�6e _
<br /> given effect withoat the oem�sr�ing provision.To this eud the provesions af this Secu�iry Instrument aad the Note are declnrad
<br /> to t�severable.
<br /> "'=%'' 15.Borr�wer's G3py.Bormwer shall be given one oonfomted oopy of this Security Insuvieent. -
<br /> _;�<
<br /> , 16. Assignment of Y��.Borrower uncondi�ionallg assigns and transfeis to Leuder all the renrs aad cerenues of the _
<br /> �+.�oaower authar¢�&ander or I�der's agea�to cofleci the rents and revenues aad hereby directs c�i�nant of tbe ,
<br />;,_�� 4��erty w pay the renu w 3�ers!er or Lender's agea�.F€a�vever.prior to Lender's notice to Borrc�aac-�af Borm�e�'s b�each o�
<br /> olA�' a(�I COYERSIIL aC 3.F�IECIIICIII III�'.SCCIIYl�TT'.ClittftlP.AL�Sa'IIOWCI�11GU CO�CCI AIId CCCCIVC�I IC�S C'L.:IIV:.vwur�s ar�►.�e Propat�e
<br /> _--_ as hvstee far d�z benefit ef�nder ar��carower. 'C[iis assignmenx v�renu caasti4utes an aL-rx�,(N:in assigamcns and not •.:a _
<br /> ",g"��.• assignment for ad'ditional��y only.
<br /> ;..,� If Leuclez�xas notice.of bmacL to Borrower: (a)ai!renu received by Botrower shall be hd'sE by Borrower as Wsiea for -
<br /> �f . benefit of Le�ar-�^cly.to Ee applied to the sums secured by the Se�uity�Instrument;(b)Le,ndeT�flrall be eadue8 w cailect and -
<br /> � %� receive all of�:�nts of e�e Property;and(c)each tenant of th�Frvperty shall�aX aU reats�e and unpaid w Lender or -
<br /> b�r.i�'s ageat'on I.enQe:��r���.n demaad w the tenanL. `
<br /> .. i. , : __
<br /> � �aaowFr.i-.,�ant e�a�,ttr.�:�y priar assignu�ent of tYe rents and has not and�r•��a¢petfQCSSr.zay aci that wauld prevant •-
<br />:ly�4,;� Lender fro��pv�zsing its c^��.s un�ec t�sx�r�ragraph 16. .. � . _
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<br /> �F',;�: Lender sfiaYl not be�iea�ia enter apon,take contml of or maintain the Pro�.�ty befo��at.��r giviag rtadce of b�ci `
<br /> to Bortawer.Hawever.Ire.^.�,�or a judiaially apQointed reoeiver may do so at arry tim�thare#s a breach. Any appiica�on of . -
<br /> � rents shall not cure or waive any def�ult or invalidate any other right or remedy of Lender. 'i°siS�.assigtunent of rents of the.
<br /> � �� Pcaperty shall tem�inate when the debt secured by the Security Inswrudr,t is paid in full.
<br /> � �°�, . 1�ION-iJNI�ORM COVENANTS.Bosower and I.ender farther ooven�a(:.r�d agter as follows: ,.
<br /> . , • _
<br /> .� � Y7.Forecfosure P�oced�.IP Lender reqaires irrwedlate payratat In Q'�I��u�sr��x par�egrapb 9,Lendt�'ns�,y iqvolte the '
<br /> � � � pawer of sale and �ny other remediec permttted ti�.n�sy!lcable iaw. L.endei's6aq be entftie�to a�'r�isf�srli exp�ases . -
<br /> +,.. in�arred in parsving the remed�eg uades tbis PuagraPd�7,inritt�ing,6�at ao4 L�fited to,�i�a�nabte attor�xys'fe�3 sr�z� . . -
<br /> ��aa;:' castaottttde�denc� -
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<br /> •i:`. If the pawez of saie is f�oked,Trastee sh�il rerord a nottce of de�anll�ln each caonty in whkh any part of tbt. -
<br /> .. { Prope�rty is located and sYu�mai!wp[es otsach nottce in tbe manner pm�.,a1U�l�bY aPi�c�W�Istw to Borrower auc9 W =_
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<br /> the aAer pers�nts pr�ribed 6y appitcabte law.Attes the timc requ�red by qPP!li�61e taw,Trastee shall give publtc nt�tiiae, . -•
<br /> ot s;�1e to�!s¢'��it�ons and in the mannes prescribed Dy applltAti�[a�w.Ts�stee.wit6aut demana on Borrawer.sbm(1��- • -
<br /> t�e Prop�r&��:akL�lic auttton to the btghest bldd�at the dme aucl`ptace and unde�the t�ruig aiesSguaterf ifl e[te noticm��{�'' ` _
<br /> _ s�l�in,one or more�ar�and tn any oz�der Tavstee deiermines.�'r�stee�mny{�gone saie c4 all or�my�p�e]o�t� �. v
<br /> . F!�!�t3'by Pvblk anu�inaa�ent at t�e time saii�p�e of aay�revtonsty sc6ednled sale.I.ender or tts des�gaee rnssy
<br /> I�ta�ttt�sQ�se Iar+npesty at ayq sate.
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