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201008178 <br />(ii) Be ab�gated to pay irrter�t under the Note a1 a�y ti�me, wheihr�r aoaued ba�fore or <br />a trx�de�d ni the�pr ndp 1�6al��imd� �e� or not acc�ed inter+est ha� heen <br />(dj No Du af the Sspstary. The Secretary has ra dufy to Lender ic� er�inme cov�arrts c►f <br />fhe S� � 1� �eM o ble ��oo�llect ama�s�owe�d� r�id�r�th�e Wofe�bec.��� a� <br />r+estric�or� in this Pa t�a 13. <br />14. Forbseranc�by 4endar a Waiwr. My ivrbeerance�y Lender in exenasinp arry ri�ht or <br />r�neciy shall nat be a rv�hr� oT or pr�dude the ex�rcise of a nghf ar ►�+emedy- <br />15. Sur.ro�ssorsand Assigns Bound; Jofr�t and Sowra{�bitity. The covenar�ts and agr+eemer►ts <br />of this Secur�y Inshument shaN bind and benefit the suocassor� and asafgns af Ler�der. Barrower <br />may not assign�rry nghts or � urder tt�s Secwity Instrument or under the Nvte� except ta <br />a trust lfiat me�ts �he requiremen of the Sep�etary. Bot�nwe�'s aovenerri°s gnd �reernerrts shail be <br />joint and sever�al. <br />16. No�c�s. l�1ny ra#k.a t� Bnrtawer provided for in ihis Security ir�shwnertt shaN be given by <br />The �� s�� b di�rected� � Prop �r�s o�r ar�iy Dt11�r�addres8 8�11 f Bdrr�w�rs��o r�Iitijl <br />design�te. Arry mtice to L�der shaq be $iven�y first c�ass mail b 4e�'�ders address stated here�n <br />or arry addres� Lender �nate� by not�cae_ ta �orrower. My no#ice pravided far in this Secxniity <br />Irtsfiument shau be dee �o have been gnren ta Bortnwer or Lender when �iven as p�vvided in <br />this Par� raph 16. <br />1T. ts�awrniny l�.aw: 3�w�abillty.T'hk 5ec� Ir�trumerrt sheW be govemed by 1=,eder�l I�w and <br />the I�w of the jur�didion in which �he Pn�peAy bcated. in the event that any prov�sion or dause <br />af this � Instrument or the Note onnfliCxs with a�1icable �1A►, St�ch aonthCt SF�all rqt affect <br />ather v�ior� of this Se�► Instivument or thF► Na�e which can be given e�d wiihout the <br />m <br />oonf� ing p�vviaiot�. To this �d the pmvisbr►s of this Security Instrument and tt� Nate ar+� <br />declared m be ssvet�abla. <br />18. Borrow�e�"sCopy. Bort�nw� shaN be Qiveh ane coninrmed aopy of the Note and tt�s Secutiiy <br />Ir�tr�en� <br />NON-UNIFORM CC)YENANTS. Banower and Lender a►ver�M and a�ree as �olbws: <br />19. Assi�nrnrntof Renls. Borto�w�er uncandifbria assigns and tr�r�fers bn Ler�der ap the reMs <br />and r�►�nues ai tha PropeRy Batawer authorizee erxler ar Lenders agents �n aoqect the ren� <br />and revenues and heraby directs each tianar�t af the Property �o p�y the rerrts � Ler�der ar Lendst's <br />agenbs, However, r b Lender's rwtbe �o Bonnwer of Bortowers breedi of ar�y oover�ant or <br />�� Prnent &� the Sea�atty InsinuneM, Bo� shmll aoqed and receive all reMs and revenues of <br />perty as tn�stee �ar the hene�fit of Lender �and 8vnower'. This nmerrt of reM� aor�stitutes <br />an ab�olute assi�nment and nat en�si� nment for additiona! security�. <br />If Lender �ives nntiae of 6naach �o @arroMrer (a) all rer�ts received hy Bonawer sheN 6e held by <br />Borrower as fiastes for beneflt af Let�der only, ��o be applied fa the sums seax+ed 6y thk Securiiy <br />ir�trument; (b) Lender shaN be errtillred � ooqed and r�ceive aN of the r�Ms of the Praperty; and (c) <br />eech terrerrt of the shaA p�y aN �eMs due and w�p�id �o Lender ar !_ertiders agent on <br />Lenders wiitten to the teneM. <br />8arrnwar has nat axecuted any pria� ass nment of the reMs and has not and w� nat perform <br />any act thet w�auld pr�vent i.ender iiorn ex r� its right� under thie Paragraph 1�. <br />Lender shaA not bereq uit�ed 10 enter upon, i�ke canqat af or mair►�ain the P before or <br />after givMig rwtice of br�di �a Born�wer. HovMever. L.at�der ar a p�diciaqy appdrned�ier may c1a <br />sa at arr�r ti�re there is a breach. Any a tion af rents shaA rwt cur+s nr we�ve any defiauf! or <br />imra�dete any other��r�ght or remed�r af�inde�rry This assi�nmeM o� r+�ts ot th� Prvperiy shaN <br />terrninate when the debt secured�y th� Secur�ty Instrumer�t i� paid (n rull. <br />�0. ForrclosutMProcsdurs.lf Lendrrr�ui�+eslmrrNdi��rpeymsnt in iull Para�raph�, Le�dar <br />at its opt1on m�y nrqui+� Imm�dlatPpa nt In �ull af ail sum� s�cur�d by th� SecuAty In�trurrMnt <br />withauf furtlNr dsna�nd and rrroy In��t�rpowsr of ssM and any othar nsmsdi�ps by <br />�pplicabhl�w. L.endsrstw�lt bs entltlsd � opllac! all expansas fnr.urn�d ln pursuinptlis �ies <br />provldedin !h� Parapraph�, including.but not Itmifsdto, rsasortiableattomsy�' �as and t�s�s ort <br />tlqu avitlenos. <br />If tlw pawrr af saN is Invokad Trusls� shall r�e�ord a notle�o of dafaul# in asch caunty in whiah <br />arryp� at tlw Propsriy is locats�and sh�ll msil aapissof such nofiic� in t� n�tbK pn��cribsdby <br />applkabMi�w fo Bomawrrand to the otl�r p�rsonspr�bedby applicsbMlaw. Kf�rr !he #itns <br />required . Tflls�9! �II �IMr pYb1iC1'IQtlq Of qIY �4 N1A pAl'�OIt��Itf�I In the m�nner <br />P� bIl �pM�q6 law. <br />Q 2008 �kst llm�eri�an Rsel E� Salutla�s LLC NearaRks hIEdN <br />saouMy �rr�t <br />F�� � ( 0�5109 � Q � <br />