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<br /> � ' , �_� . `'�„ ' •� •• 12. 3ucve�ors ond AsRtp�s 8aund; Jolnt and tieveral I.labflity: Co-tiipners. Thc cuvciwnt� aiwl agr�'�:mcn�y oF lhiy -�--
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<br /> 6.i.�,- . `., . Security Ina�rument shall bind und beoetit thc succetiwn a�x1 ar�signs uf LenJcr arnl &uruwcr, ruAj�tit tu thc provi�i�im of �-=�-_
<br /> ,. � pamgruph 9.b. Borrowcr'x �rvcnAm� a�ul agreemenl� r�hall Ix�jainl and M:verul. Any Fi��rruwcr wh�� co-,igm tbiti Securi�y
<br /> �. �,^,', - In�trument but d��cs not ex�KUtc the N�ne: lul ix co-signing thin Security Instrumcnt only u�nx�ngu�;c. grum anJ ranvcy that
<br /> . • � . Bnrrower's inlerexl in the Pmpeny undcr Ihe�ern�s uf this Se�urity In�trum�:n�: Ibl iti nnl �xru�nally uhli�!ul��l lo�y Ihe+umti __
<br /> ' ,;�•, �.,•�•-:.�`•' : r,ecurcd by�his Security Instrument:und Icl ug�ces that l.ender uncl any othor W►r�awer muy agrcc lu cxtcn�l. rrNxlify. forMear ur __
<br /> �.:,'-_. __ make any acromm�xlalionw wilh regard �o the�crn�.c of Ihls Secu�ity Instrument nr thc Notc withou�tha� 13��rmwcr'+conunt. ' ��
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<br /> 13. Notlees.Any notice�o&�rr��we�provided far in tbir.S�.�uriiy I�urumcnt sh�ll lx�given by dclivering�t or by muiling —
<br /> , it by fin+l cluxs tnail unl��s.r applicablu law reyuireti uk��f anothc�meth�xl•The nrnicc whall br directed to tl�e Propeny Addr�ess __
<br /> s -',.� • . _ . or uny nther nddre�s BoR��wer designAtes hy natice to l.endar. Any no�ice w l.cnd�� yhull he grvco hy fint cla.s mail ta ____
<br /> „ I.ender's add�ess s�uted herein or any addre�+.s LerKle�designates by noticc�o&►rrowrr. Any n��tice provided fi�r in thiti Security
<br /> •• • ' ln�tn�ment s�hall be deemed to have been giv�n io BoROwcr or l.endsr when givan ati providud in�hiK parogrdph.
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<br /> �' _ - ,- !4. Cc►verning I.ew; Srvernbility. Thir� S�:curlty In�trument �;twll bc gmcmcd by fcdcrul luw und �hc luw of tho , -_ - _ _.__- -.
<br /> � . . jurisdiction in which tho Propeny is{cx:ated. la th�:event th�� any provir:i�►n or clau�e��f thir�Secu�ity Instrument or tho.Nnte --- -
<br /> '1 " . confliets with npplicable low,such rnnflict shull nnl ufPec�other proviFiun�of�his Security Inurum4m��r ihe Note which can be
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<br /> > . � : given effect without tha cooflicling pwvision.To thi�:end tho provisianc oi'thix.Security,laurumam and Ihe Note are declared , =�r"`
<br /> ''.t .,° �, 10 be severable.
<br /> ' " . . 15.BotTOwer's Copy. Borrower shall be given nn�confornxxt copy of'this Security,l n�;tnirr�nt. ' ���`-------
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<br /> „ 16. Assignment af Itenta. Borr��wer uncanditionully assignn and transfers to l.endrr all �he nen�� und revcnues of'the ..��'� ��
<br /> � ' • �,,. P�openy.Barrower au�horires Lender o�l.ender's agenls lo collact the rents and rcvenuss und hereby directs each tenont of the t��; _
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<br /> Property to puy the rents lo L.ender or l.ender'c ugents. Howrver, prior to Leiuler'+ninica to&�rrower of BnROwer's breach of _ -
<br /> • any covenAnt or agreemem in Ihe Security lnsuument, Borrawer 4hull collect and receive all rents and revenucs of the Property , ___
<br /> �. 0.4 lfUSICC for thc benelii i�f L.ender and &mowcr. This agsignment oY rentx constitu�e� an absolute usxignment and not an ,,.'- -.- -
<br /> � assignment f�r miditional secu�ity only. �''����.
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<br /> ''� If I.ender gives notice of breuch to Borrower: (u)all rents rcceiveci by Borrower shall he held My &�rr��wer++s trurtec for �` T``""�x'T E�
<br /> -_, -- 6eneft�of l.emler onl�, Sn�upplicd tn the�!►m������1 by�hc Security In.r•trument: f61 Lender shall he emided lo collcct und [ ' .�_`_�;�,
<br /> ,,`�� ,� receive oll af the rents of the Pmperty; untl Ic) each tenant oi tho.Propqny ihall�pay all�rontw due and unp�id to Ixnder ur .-u,.: * _
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<br /> l.ender's ogent on l.xnJer's written demund tu the tenarn. `�`�• °� ?",,
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<br /> � '��,, &mower hu�not executed any prior;+.tisignment of the rents und.lrrs na u�u1 will nc�t�rform a�y uct tha� would prevem ,��':,.,
<br /> � Lcnder fr��m exercising ii,righ�n u�xler thir:puragraph 16. � � `�''�'�
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<br /> ' ���''��''���'- l.endcr xh•rll nol bc:requircd tn emcr u�xm,tukc c�mtrnl nf or mnintciin the Propeny befi►rc ur rfter giving n�nicc of brcuch � •
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<br /> . ,,., to&irmw�er. Hawevcr, lsixler or a juJicially apExiint►x1 receivur n�iy do s�i ut uny time there is a breach. Any applirution of � �f
<br /> � . rent. .hall not cure or wvivr any Jei'uull c�r invulidute any other right ��r remeJy uf l.ender. Thix assignmem of rent+ of the G �._._-'
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<br /> . • . Properry�+h;�U terminute when�hc dcht sccured by tho Security In!.trumunt i,p•riJ in 1'ull. -•
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<br /> • NON-UNIFORM COVENANTS. Barrower and L.ender furth�r covenurn unJ agrec•rti tidlow.: J`---__
<br /> ' 17.Furerlosure Prceedure. If lAnder requiren immedlate payment in i'ull undcr paraRrnph 9. Lender may invoke the k � -T.__
<br /> �.,:•, power oP ra1Q �nd any other remadiQS permNtcd by� upplicublc law. Lender xhall Ix entitled to collect ull expenses � ;',r?'�y���=:
<br /> incu�red in pu�suinu th�remedies under thi�paraRraph 17;lnclnding. but mN Ilmited to. re��onablr attorne�s'Pees and � _s� �-°-
<br /> �'�� , costs o!Utle eviden�r. � `��1' ��:
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<br /> If tlw pnx•er of sale i+ imoked. Tru+leo xhall record u m►tke oP dePault in each rounty� in which any part oi'the • -^:•���°:'`
<br /> Properly i!� Ic�ted and xhall mail cnpics oP such notice in the manner pr�ribed by upplicablc law t�►Burrower pnd to � . ,ipx�iyi;'`�
<br /> the other pe�ne prescrilxM bv applicable low. APtrr the time r��yuir��d br upplics�blc laµ•.Trustee tihall�ive publlc nMice R - -.,;�,��;;�
<br /> of rule to tha per�nns and in thr manner pr�crihed by applicable la�v. Trustec. ��ithout demand an BorroNer,shull sell c . ' '�"
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<br /> lhe Property at public uuction to the hlahesl bidder at thc timr and placc and undcr thc terms d�wl�nated in Ihe noticc ot ,
<br /> , salc in ono nr morr purrrl+ and in any order Truztec dctermines. T�uxt�Y may pnstpunc xule ui' all or uny parcel oP the ; .
<br /> Property bv �uhlic unnnuncement ut the time und plucr uf am�pn�•iou�ly xchedulcd wle. Lender or its drsiRne�may
<br /> � . purchu�e tl►e Property at any wle.
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