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<br /> . �.�..�,��;��..a�� 92-- �1�240�= �
<br /> �: �. �ro����of� .
<br /> Security I�strument si�li bind and 6eoe6t`the sua�rsso�s a�asslgns of Lender and Borrawer. subjoct so the provisi9ns of
<br /> p�ragtrph 9.b.�Borrow�'s�mva�nts�ud:ag�oana�ts shaU be joint�aad several. Any Bomuwer wta c+n-signs this Securiry
<br /> tnstniment but does tiot exavte tBe Nate:(a)is co-�iSniA8 t6is_S�itY�n�n�meat onty to martgage.�grant a�comreg that
<br /> Borrower's intercst in the Prnperty under t6t temss of chis Socuriry Inst�umcnt:@>is not personaiJy obligated to pay tIx sums .. __ .
<br /> socund by tt�is Secariry L�un�:and tc)agress tbat tcnder and any.otl�er Bomower may�tb eatend.modify.for6ear or�
<br /> matoe auy aoconmiodatIons with regu�m ti�umu.of dris;�c,airety i�trununt ar ti�e Noce wit6aat d�at`Botrawer's wt�em. �--
<br /> 13.Noticea.An�+notica to Borrowos pmvidod.for in thia,Soauity.It�t�nE shail i�e givea by delivedng it or by t�'ling
<br /> it by first clus mail uNess applicxblc(av►•requirc5 ase of anather methat.The notice shall be dirated to the PraQerty Addcess
<br /> ar any other address Boc�o�er desig�ates by,naice t�Lender. M}r.pot�ce tv Lender shall 6e given 6y 6rst.class mail to
<br /> :Lerder's�ddresc stntod herein or wy eddress Ix�der designates by aotice to Borrower.Any notice provided for itt tflis Securiry .
<br />- � Instrument sba116e deemed to have 6eet►given to Bomuwer or Iender.when givea as pmvided in this paragrapD. -
<br /> - . !4. Cavaat� I,aiv; S�vera6illty. This Security.#nstrument shall.be:goveraed by fedelal law and the !aw of ihe
<br />�"- }arisdictian ia whiclr the Property is tocateQ.In the event that ar�pmvisia»orslause af this Seeurity(nstrument or the Note --- - -
<br />:'q ronflicts v�ith appticabte taw:sach co�tf��isfiall not affect other prqvisions of this Seeurity:Instwnent or the Note which can be,� -_-
<br />;;:, given gffeGS.without th�rnnflicting��ravisipn.To this end the pravisions of chis Security;Insttument and the Note are daclared . __—
<br />_��. , w 6e sevor�}6ie. � - -
<br />.� 15.Bon+uwer's Copy.Borrower �.sfiall be given on�e ronfom�d caPY of this Security ipstniment. � � _�-_-
<br /> 16. i�eot ot Rents.Borrawer unconditiau�ally assigns.and tiansfers to I.e�xf�'±�li<<the rents and reveaues��of.tliei,, . �:- __-
<br />, : Property.Borrower authorizes 1.ender ur t.ender's agents to call�c,C the renu sinnd revenucs:�nd,irereby directs each tenant:qf.tde; �,�.,.
<br /> d
<br /> Pr+uperty to pay the rents to l.ender or l.ender's agents.However,priqr to I.ender's notice to Eorrawer of Botrower's breach of• ��;'=
<br /> _ .. . . ��`LL
<br /> eAy-covenant or agreement in the 5ea�rity Instcw�s�it;i,Barr,nwer shalt coltect and receive a(I rents and revenues of ehe Property =�-+:�=�;•:�
<br /> • as trustee for the benef�t of i.ender and,8or�c��r�.!;�,This.assig�tt�nt of rents constitutes an a6solute assignment and not an �.Y`:��::-
<br /> assig�uneat for additIpnal security oniVu,;�._. _ ' �;�::,�;;;;.-
<br /> ,A,. _ . ..� . `�•'LY�..
<br /> ' ., If I.ender gives notice of breac6 to:�prrc�wer:(a�,ail cents,�ecS�ved by Bor,sqwer shal�be.hetd 6y Barrower as uustee for '`-����
<br /> . ;�- ��`�'-._
<br /> benefit of I.ender only��{fl J�e.applied ta the�sum.4,s�cu�ed byr:dre Seasr'tty Jnstiurie"ttK�.tb):l,endcr shall be cntitled to wtlece and .;,,�,�.,
<br /> ` receive aU af the rents of.,the,Prope�cy:and(c),e�c3�tenant of the�Prapesty.;sliaii..pay.�tl,•rent5.due and unpaid to Lender or �''
<br /> �` Lender's agent on Lender.'s written dC�tiatM.to,the:tettaitt.: . � � :.�r ,'"-
<br /> z; . � .... ': . ': • ' � . T•,. ,�, �"
<br /> �r'",`
<br /> ' � : • �`i:t'"�'`:�'`'.Y�:^�;_:
<br /> . � .;Y.. - Borrower has nat eaecuted anY Pri�r assignme;t.t pf the rents:and h�s nat and will no�•perfotm arry act that would pre*tedt�i�� : '. . �:•..z,�9._..�_
<br /> ' ` �.,;�;;.,=� l.ende�from exercising iu righcs under this paragrsph 16�• . "�'�';�` -
<br /> � � , -
<br /> �"���`��""='� , I.endershall aot be required to enier upan.take cantro!of o:•tnaintain the Pro rt before or after ivin aatice of bre.tch �
<br /> P� 9 8 S
<br /> .x✓.,,.,_ �� . •
<br /> ��' -w• :r��.•. • to Borrower However. I.ender ar a jadicially appointed receiver.�iiay.qo so at any time there,is a breach. Any applicatios�of � --
<br /> � .;� �� re�ts sha(1 not cure or waive any defauit or invalidate any other righE•ar reme¢y of I.ender•This assignment of rents of the • � -
<br /> a �;, Property shall.terminate a�h;n the debt secured by the Security lnstrumemt is paid:i»fuU,� , , "�?
<br /> . - - ;�ION-UNIFORM CUVEICA2�iTS:Borrower and Lender further covenant And�s�res uti falto us;,�. • '
<br /> , ' 'V z`.: 17.Forerlasure Prorednm.lf l:endr.�r uires immediate
<br /> =- �.�.. eq payment in full under paragrapf�9,Lender may ittvqke ttte . � '
<br /> � �:�?°�'�;'•.'.""��• power ot�ie and any other rem�dtes permitted by applicabte�taw. i.ender shall be rntitled to coltect a�f ex�cnses
<br /> ; • »,�:,ti: fncurred in pursuing tl�e remedie�under this parag,raph 17.inclading, but nat limited to.reu5ona61e auorney�'fees and � ' =
<br /> ��" cos�ot t1Ue evideave. .. . -
<br />� , It the power ot sale is invoked,Trustee shall record a natice of default in each county in whkh any'part o1 the .`r%rf
<br /> • Property 1s toeated and shall mail coples o�such nutice in tite�nanner pse.scribed by applfeabte taw to Borrow��ad to �
<br /> the other persot�s pr�cereNed by applicabfe taw.Afte�the time reyulred 6�applica6le law.Tru�tcr chail give public tratice �. `.'
<br /> � . ' � of�le to the personsti�ed An the manner prescribed by appllcablr faw.TEUStec,w•ilhout demand on�orrower,sha0 sell
<br /> „ '_;+�p�+s�.� !he Ptoperly,at pubUc aocilon to the fltgh�st bldder at the tlme and place and undcr the terms desip,nated in t6e noNce of �' �
<br /> ,�` �'-�� -���•�; sale in one or more parcefs and in any order Trustee determinKV.Trutitce may pustpone sate of all or any parcel of the � . '
<br /> , ,.,;:�.. ;
<br /> � -",�; �-�:;�'>-� Property by pubUc annou�rcemeat aE the thne and place oi'am prerioutity scheduled sak.•t.ender �►r ity designee may � ;•:��
<br /> ��;�.. ' purcbase ihe propercy a��ay safe. .
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<br /> �i t�.•.`-,. �-�{RINE) . Page 5 of 8 ' � , _ - •
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