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<br /> Bound;doint and Seveaa! idabiiiaYt Ca�3lSners. �1� COVCit;lJi19 Qltd IIb'[C+Ei11CR19 O�lIU9 ;� _
<br /> 12. �u�ceuor�ansl Ass��.9 —
<br /> • S�urity laswment sha!! hind nnd benefit the sttcoessars and asslgns oF l.endeT and Barr�wer. subject to thc psaviseans of '�';;`_::• ,
<br /> � . paragrapb 9.ti. Borcower s covenants and aSTC�metus shall be joini �d several. Any Borro�ver who co-signs thts Security �W_.-.
<br />' I�suument but dses not execute ths Nate: (a)ts�-signing tt►is Securi+.y Inscium�nt only to mortgage.gcant and canvey chat --
<br /> �
<br /> R Bormwer's inteiest in the PmpertY under the terms af this SecvritY Insuum�s►t:N)u nat pe�sonall�ob1iguted to pay the sums ,�--_ -
<br /> ,y�`� '. tbat Lender and any other Borrower may a�ree co entend.modify.forbear or -----
<br />� ' �.,. s e c u re d by t his S e curi ty Insmu�nt:and(c)agrees �S�ent or the Note wi t hau t t h ut�orrower's consent. —
<br /> r ;y make any accommadations with regard to the terms of this Security ;
<br /> �- ��t,.��mQnf sh3ll be given by deGvering it or by mailing ��'� „
<br /> 13.Notices.My notice to Borrower pmvided for in this Security Address ��` F�:
<br /> ',F:,,, it by first ciass mail unless applicable law cequires use of aaother method.The notice shall be directed n b first tass ma� to �`,, '••;
<br /> or any other address�aao�ver desigaates by ao�ice to L.ender. Any notice to l.e�des' shail be 8' Y �,�r.`�`.
<br /> � �_ � l�nder's address seai�d�erein or any address Lender desigaates by norice to Bornnwer..Any natice provided for in this�ec�uitY ���%_i
<br /> �� �%a;�•f Instnunent s4alt Ge d�em tra�e be�n given to Borrower ar T.ender whe�t given as provided in this paraSraPb. ;�;,�_..
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<br /> ����`.�%`� • This Security Iastrumznt ,t�a11 be govemcd�by federal law and the laur of t�.: '_• _.;.
<br /> �•;� 14. �� Lasv; Severab�. vision nr clause of this��ecuritY�nt or�1+��
<br /> � . jtu�isdicaon i-���?Eir�the H�mperty is lxa'te�.In the event that any pz'o �wiuent ar the�Q:e u-hicL�c�ra Pa: � �_�----
<br /> � :��•:::�>,.:
<br /> contlicts with appricable�iw,such conflict shaU not affect other provisions of this Sec)tritY nt and e��cte aze�e='�=='�
<br /> giveo effect wi t hout t he c�n�I;'�n g p ro v i s i o n.T o t b i s e u d t h e p rovisions of t6is Security Inswme ��_--
<br /> •�Y���� to be severable. . � . , '
<br /> ,:::s��:= •' —— '�
<br /> t5.Bortower's Cct�avJ.�orrower s�u�1 be given a�te conformed copy of dus SeFuC+ty�-�t• ? . +-
<br /> ' � ` ta Lender all tha rents �dl:c2+renues of tke '!� f ' ',.
<br /> :��.,:' . . 1d. Assi$�traent�3`.i�i�. Borrower uncondit���Y �����!�. .
<br /> , p
<br /> " .i�raperty.Borrower auttco^�.�s Lender or ixnder's agems to ooUeet the nents and revenaes and t�ereby direc�'.�+�tenant o e �;� .�.
<br /> .;;A�. p�perty to��;F r�e renis to I..ender or.�der's agents.�lowever,�rrivf'��nder's natice w Borcower of Boirc�s-arer's Q��>��`.. �t
<br /> �:'�� �,?.y coveu�,.��,cp;,�ement in the Secur'cc9 instrument,Borrower stia�l�colIeCt and receive all reiits and revemi�of the F�eR(� � r `: .
<br /> i�,�..�r .*�s..�:i`��eae�fst of Lender and Borcower. This assigolneat of reats oopssitutes an ahsolute�.�t �.�!i;ta, •.• .
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<br /> �,; ,��•�. CE L'r�:r�ac 3ives not'sos��'i�r.�c,ti.;o Bnxrovrer: (a)all rents rebeived by�Hoirov:�r;����all be ent�lie�co cattes���ca�. ��
<br /> �"°`� • ih���:da Lender oNy,t�a{���pi 3ied tv ihe sams sc��[ed by tLe SecUtItY:1�a}.Ug�'-� i:
<br /> . � recelve all of the ren4s��ii�e Property: and(c).each tenant of the Propq�ty;���Y all rents due and u�i�fi to Y.ienstt�r.�r'• . �%�;
<br /> ' I.ender's agent on Lender's cvritten demand to the t�nant•
<br /> :7� �•, finnower has aot execut�any prior assignment of the rents aad has not uid wi31 not perform any act that wouid prevent ��j.•
<br /> Lender from exercising iu righu under this paragraph 16.
<br /> ' .�. '.. l.enQer shall rtot 6e requiTed to enter apon.take control of or maintain the Property before or after�iving notice of breacb =—
<br /> , '. _ �, to Barrower.However. Lender or a judicially appointed receiver�rcay do so at any time there is a breach. AnY spPiication of `
<br /> � d.� � nnts shall not cure or wuive any defgu7t or invnlidate any other right or cemedy of.lxnder. Ttiis assigntaFt�t of rents of the ,�
<br /> ;. .— Pcoperty shall termin�e whcn the d�ist serured by the Security Inswment is paid in full. � -__
<br /> NON-UMFORM ObVENANTS.BorroW+er und l.ender fucther cavenant and agrae as follows: . �I�__,:'._
<br /> � . '17.Forc�c3osure�rocednre.It I.endtr ral�ires immed�a�4e payment fn fall andcr pasasraFb 9.LEnder may i�voke tLe _ _
<br /> � � power ot salc and uny ather re�a�ltes permi3tc� by ap�►Iicabte law. I.ender.s6aU be ent[tted to oolkd alf Gxpea�
<br /> he,
<br /> • � incumed in pnrsufng the remedtes undcr tNs paraSrap�!7,inelading,6nt uot Itmited to,�ssanable attomrYs'fees ana ��
<br /> costs of tttM evideace.
<br /> � . ..� U the power of s�te is invoked,Trastke sh�U record a aoiice of default�ear��r hle la�HOpi rosver and 40
<br /> . property Is t�te�and shaU maS1 cop3PS of suc6 norice tn the m�nner prescri Y PY► �'.
<br /> °� � ffi cscribec9 by appl4cabie Eaw.ARer the time required b}r aPplkable law,Trtutee sha11 give pubifc nottce —
<br /> ttie otb�pcaso �r �=_
<br /> of sale to the persoas and tn the mau�er prescribed by appIIcaDie law.Tivstee,wtt1�demaet�oa Barrower.�s�ll selt
<br /> �� r cr
<br /> the�rop�rty at public andton to the digt�st 6idder at the time and ptace and under t �e�et of��y P�of the —_
<br /> sale[n one or more parceis and in�uy order�e dctermincs.Trostee maY W�
<br /> � .� �ropeKq by pnbiic smzwunsement mt tl�e time armrlf�faoe of aasY Prevta��y scheduled sate.I.ender cr its designee may �
<br /> � .� purchase the t►ruperty ac any sale.
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