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<br />- 12.Saccessora and Assi�ns Dound;Joint and Severnl Llability,Co•9lqners. The covenants and agreemenrs of �his `
<br />'- �ecurity Instrument shNl bind and benefit tha successars and asslgns of Lender und Bonower, subject to the provisIons of -
<br /> parngraph 9.b. Dorrower's covcnunt� and agrcements shall bc Jotat w►d several. Any Barrowcr who cn-signs this Security
<br /> Inawment but doav nat executo tha Note: (u) is cn-signing this Secudty inswment only to mortgage,Srnnc und canvoy that
<br /> Bortawcr's lntetest ln the Property undcr the terms of this Security Inswment; (b)is not persannlly obligated to pay the sum�
<br />_ �ccureci t�y Uiis $ecu�'iry Ins�urnent;and(c)ageees that Londcr und c�y od�ee�orower may ag;ae to exlend,iuodify,fpei�eae a�
<br /> 1.�M..�� J 1�L���..J�� L� O�L�P_�.�.. L_��_.
<br /> �Tia��a���cwC,vii�uunu�i vim'riw����mu al Lia w�iu�u�u�ti uc.a,Ltu�Ii��iilIutcul UI UtG trUlo wiUlUUI U�H�LUiIUWCI J COIISCAG � .
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<br />- 13.NoNet�. Any notice w aorrower provided for in this Security Instrument shail be giv�n by deUvering it or by maiW�g it�i
<br />_ by C�rst class meil unless applicuble law rcquins use of anoth�er n�ethod.The nodcc st�ell be directed to the Property Address or Q
<br />_ nny other address Hortower desi�natGS by notica ta 1.ender.My�nadcn to Lender shall b�given by First class rnail to L.ender's I6+
<br />� sui�rrss stattd herein or eny address Lende�deslgnates by noti�e•tu Borower.Any notica pYOVided for ir►ti�i.q Se�urity Instrurrient Q
<br />' shall be deemed to have been given to Hormwer ar Lendu when�iven as provided in this parngraph. �
<br />= 14.Governin�LAw;�everabUity. 'Ibis Security Instrument shall be govemed by federa! (Aw nnd the law of the
<br /> jurisdiction in whlch tho Property is locaud. In the event that afly provision or clause ot this Security Insuument or the Note
<br /> conflicts wit,h appAcable law,such contlIct shall not affect ather provislons of this Securiry Instrument or rhe Note which can be
<br /> given effect without the confilcting provision.To thfs end the provisions of tltis Sec�uaty Insuumcnt end the Note are declared to
<br /> be sevcrable.
<br /> 15.Borrawer's Copy. Borrowes shalI be given one conformcd copy of this Securiry Insaument -
<br /> 16.Assignment of Rents. Dorrower unconditionally assigns and transfers w I.ender all the rents and reveuues of Ihe
<br /> Property.Borrower authorizes L.ender or Lender's agents to collect the ren�a and revenues and hereby directs each tenant of the
<br /> Praperty w pay the rents to Lcnder or Lender's ngents.H�wever.priar to Lender's nodce to Bairower of Barrowcr's breach of
<br /> any covsnant or agreement in die Secudty Jnstrument,Borrower shsill colleet anc!receive aU rents and revenues of the Property as
<br /> trustee for the benefic of Ler�der and Borrower.This essignment of rents consritutes aa absolute assignment and not an assignment
<br /> for nddiaonal sccuriry only.
<br /> If Lender givcs nodce of breach to Bomnwer. (a)all rents received by Barrower shall be held by Bortower as trustet fot
<br /> benefit af Lender only,to be applied to the sums secuced by the Security Instruman� @)I.ender shall be enddeii to co3lect and
<br /> rcceive all of the nnts of the Property;and(c)each tenant of the Property shnll pay uU rents dae and unpaid to Lender or I.ender's
<br /> agcnt on L,ender's writun demand to the tenanG
<br /> Horrowu ha9 not eaecuted any prior assignment of the rents end has not and will not perform any act d�at would prevent
<br /> L.cnder from eaercising it�rights under this paza��aph 16.
<br /> L.endes shall not be required to enttx upon.take conttol of or maintain the Propetty before or afur giving nouce of bre3ch to
<br /> Borrowa.HAwever.Lender or a Judicially appointai receiver may do so at any time there is a 6reach.p,ny application of rcnts
<br /> shall not ciue or waive any default or invalIdato any other right or remedy of Lender.This assignment of rencv of ths Propetty
<br /> shall teiminata when tha debt secumd by the Security Insuument is paid in full.
<br /> NON-IJNIFORM COVENAIVTS.Borrower and I.ender fnrthez covenant and ugnee a�follows:
<br /> 17'.Forec�o�ure Procedure.It Lender requlre�immediute payment in tuU under paragrap6 9,I.ender mAy invoke t��
<br /> po�rer ot sak and any other remedies permittM by applicabk luw.l.eeder shalL bE eniitle�!b colitct all expease�incurred
<br /> in pursutn�We retnediel uttder thE4 par�gr�ph 17,indudinE,but not lEmitcc9 to, rtaso!±able P�!e�eys' ��e���!s�Q
<br /> titk evidenre.
<br /> Yf the power of sak is Invoiced,Trusta s6a1f record a notice ot detault tn ach muaty in whic6 nny part ot the
<br /> Ebroperly i�bcated aad shAtE moi�c4pie�ot suc6 noNce in the manner prescribed by appika6le�aw Co Borrower and W the
<br /> otUer persuos pracribed by appikabk L�w Aner t6e time required b�applica6le t�w,TrueteQ shall give pubik notice o!
<br /> � . sak to tl�e per�oa�nad fe t6e mann�r prescribed by applicubte la�v.Trustee,without demA6d on Bon�ower�shaU seU ttre
<br /> ' Property at public auction to the highest bidder at t6e Qime and ptace�od under the terms designated in the notke ot suk
<br /> • [a one or more parceb and in any order Trustee detcrminea, Trustee may postponc sale of all or any pucel of the
<br /> �•1R(NE) to�oe� Pao.e oi e i„pi.u:
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