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<br /> �.�.,r,�y�,�.:-�� 12.Successors a�d As�l�n9 B�wndt Jalnt �nd :Revers�l I.Inbililyi Co-Signcra. Thc cnvcnw�t� uni!ugr�YUx�nt� ��f�hix
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<br /> '° -°"�-_'` `�:�' Secu�ity lnstrument shall bind and bcnciit Uk rucccsc�ir!�unJ +u�signs of l.�:nder und &►m�wer. subjcct in thc pr�wi�i�ms of
<br /> �°"�•� ' 'Y:: ps�ragraph 9.b. Barrawcr'� covenants und agrremen�x shnll he j�►int and ticvcrul. Any &�n��wcr wh�� ca•�igm thix S�xurity
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<br /> -�.,�.,,�;._�,�.��.��,.•,• � Inwn�n�ent but docs not execute�he Note: Ial is c��-signing this Security Instrument only to mungugc, grum �nJ convey that
<br /> A - Borrower's intercst in�hc Pmperty under thc tcrnix uf thi+S��curity In.trumcm: Ibl is not perwmally uhligu�nl �o puy�he,umr
<br /> � "�'"'� ` � '� � secured by thia Secu�3ty Inslrument;c�nd(c)ugreeg thu�Leiuler wid uny other Bormwer may ugrce to extcnd,m�rlfl'y, ti�ri�ear ur
<br /> ''�6�5���'�p�f` make an accommodations wi�h cud to the tertns of thix Securit Uxtrumem ar thc Note wfthMU �hat Bnrruwer'�consent.
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<br /> ��x �, ...�'t�'�� 13.NMices.Any natice to Barrower pravided far in�his Securiry Instrument rhull be given by delivering il u�by muiling
<br /> �^?. '� rt' � ' it by first class mail unless upplicuble Inw requires utie of unother methcxi.The nrnice shall b�directed to the Prnpeny Address
<br /> •.: ..�- :; . or any other address Borrowe� designutes by notice to Lcnder. Any nodce to l.ender shull be given by fint rluss rrwil to
<br /> " � • I.ender's address siated herein nr nny uddrcxs Lender designntes by notice to &►rc��wer. Any oMice provided for in�his Security
<br /> �°' Instrument shall be deemed�o h4ve becn given to Bnrrawer or l.enJer when given aw provided in this parugroph.
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<br /> �� 0 14. Gaverning I.aw; Severnbillty. Thiz Security Instrument shull he governed hy fcderal Inw AnJ the law of the
<br /> `�-+�`'. `, � jurisdictian in which the Propeny is Ic�Ated. In the event thut any provision or cluuse ot'Ihis Security Inst�umem or the Nae
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<br /> -;�;''' ' conflicts with applicable luw. such aan0ict shall not uffect other provisinns of thiti Security Instn�mem nr the Nc�te which cun be �._.
<br /> ,:. given effect wi�haut the canflicting provisian. To thiR end the provisionr,of this Security InstNment and the Nae are declued
<br />'.�� �� .. to be severnblc. —
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<br /> ' - 15.Botrower's Copy.Borrower shall be given one conforn�ed copy of this Security Instrument. —
<br /> Ib. As.signment of Rents. Barrower unconditionally a,signs und transfcrs tu l..cnder ull thc �rnts und revenues of the
<br /> ., " � ����•r• �! Pmpeny. BoRawer uuthorizes L.ender or Lender's ugents to collect the re�xs und revenues und hereby directs euch te�wnt af the _
<br /> ' ; • Propeny to pny the rents tu Lcndcr�u l.c�ndcr's ugents. Howcvcr,prior ai l.cnder's notice w Barcower of Borcower's breach of
<br />,;•i'; � . any covenant or agreement in�hc Security Instrument.BoROwer shall collect und receive ull rents und revenues of the Property `
<br /> �• ' as Inistee for the benefit ��f I.cnJer und [3orrowcr. This as�ignment c�f rents constitures un ebsolute assignmont and not an
<br /> .•,.i ' ,_._____._. assignment forudditional yecuritv on1Y. ,�„-.
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<br /> • ' If I.ender givcs notice of brench �o BoROwer: Iu)ull rents rcccived by Barrower shall t�e hcld by Borrower ar trustee for
<br /> benetit of l.cnder only,tn be applied to the wms secured by the Securiry Ins�rument: (b)Lender shall be endUed�o collect and
<br /> • ^�;�•. � � receive ull of the rents af the Propeny; und Ic)cuch tcnnnt of the Propeny shall puy uU rentx du6 and unpaid to l.ender or
<br /> L,ender's agent un L.ender's written demund to the tenant.
<br /> ' Borruwer has nn�execetcd any priur ussignmcnt oi'thc rents und hus nn�and will nut perfi►rm any act that wauld prevent
<br /> L.ender from ezercising its rights undcr thix pnrugruph 16.
<br /> . ' I.cnJer xhull not be rcyuircd tu c:nter upon, takc r�►nui�l uf ur muintuin the Property befare or uAcr giving nutirc of breuch
<br /> � .; ;,� to Bon•ower. Howevcr. l.enJer or u judiciu�ly app�im�tii rcceivcr may do w at:�ny tinie thcrc iti u brct�ch. Any application af
<br /> rent� shull niu cure or wuive any detauU or invulidalc any othcr ri�ht �►r remuly ot' Ixnder. This ussignment of rents af the �
<br /> , �� � Property+hull tcrntinute whcn the Jehl secured By Ihc Srrurity In�Irumrnt i+puid in I'ull. _-_.
<br /> `• � •• NON-UNIFORM COVENANTS.&irtower and Lendcr furthcr rovcnunt unJ agrrc a�tiill�iwti:
<br /> � � �� 17.Forecluwre Pr�Krdure.lf I.ender reyulr�bnmediate pu,rment in full under paruuruph 9.Lender m��• in��oke the =-
<br /> . power oi' n�le and am other remr�dles permilted bv uppllcable luK�. Lender �hall f►r enlitled to cdlecl all expenses �.: `.
<br /> .. inrurred in pursuin�thc remedi�under this purauruph 17. includln}�,but not limited tn.rcasonable Wtarneys'Pecs And
<br /> cmys of title evidencc. �;�
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<br /> � If the power oi'�ale i� inv�lerd, Truztee shull nrord u nodce oP clefault in euch count� in ��hich um• part of the -
<br /> ' Property is I��cuted and shull mail copies of'such nntice in the munner preurilxd b�� appliculde laa• tu B�►rmwer and to
<br /> � - the other pe��ns presrrffxd M•appllcabla luw•.Af'ter the timc�cquir�rl b�•�pplkuMc la��.Truu�ti shall give public notice r=
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<br /> . uf s��le to the pe��nx and in the munner pre►crilxd h} upplicuMc lu«.Tru+t�r. «ithout de�nund on Bnrraeer.xhall xell
<br /> 't �. � '` the Propert� at public uuction tu Ihe hiRhest hidder ut Ihe timc and plucc and undcr thc tcrms d�hfQnut��d in thc notice uf }.
<br /> � t••:,:,� ; ��,;' •{'�' ' rale in one��r nwrc pnrcrl+und in any order Trust�r dcicrmin�w.'1'ru,t�Y ina�� �►.tp�me wle uf'all or an� ps�rccl of the f
<br /> Property by puMic unnnuncement al the time und plucr oi'unr• pnviously xheduled �ale. l.ender or its dexi�nee ma�� �
<br /> • . purchuse the Propert}•ut uny ude.
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