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� ..------_��. - -�_.. . - <br /> _ . ... . - , . , <br /> � , � ,_�. _ <br /> .. ._ <br /> tca�+Mrowe�t ' .... , __ _ _ - _ -- <br /> „ . . � � .�'���._.�.� _ <br /> �_�. �T_.�. __..�. � <br /> .rr,�i�n:.. �.---� -,___ .�_�...�..-��.---� �..r�_.._.�----- -- <br /> - �--�---... __ ._. . <br /> .�,.,�.......�......----- <br /> ._ i(�'�d� , <br /> • conf,'ct:; vrith epplicablo I:��n, eur.h canfl!ul oholl not nttect otiter�Srovlslans ot this Sec3ii�netrument ar ttie Noto whlch can be <br /> piicn eStcr.t �dlhnut 1{ia r,o�tfir,tl�iq pravl::on. 7a 1h1� enci tho provl�lon� �I ihls Security Inetniment and iho Note ero declarod to __ <br /> bo s�vetable. <br /> 15.8orrovisr'e Copy. B�rrownr ehsU bn qlven ona contortnod copy o1 ihe Note end of thie Smcurity Instrument. <br /> 1lf, H�za�dou� Substanc�l. Borrower ahalE not uusa or permit lha prosonoo, use, dlsposal, etnrpge, or rMease of <br /> nny Haaerdou� Substnnces on or In the Prope►ty. �orrower shell not do, nor atlow �nyond blse to do, �nything attectfnp iha <br /> Nroperty that Is fn vlolauon ot wny Cnvlronmcntal Lm•i. Shr precedin� two sentonces ¢hall not apph/ tu Ihe prosFnco, u3e, or _ <br /> stonge on Ihe P►operty ot sm�ll quwn9tlea af H�zardous Su6stances that are generally recognized lo ba epproptlate to normxt <br /> rssldentlal uso�and io malntenance o1 ti�e Property. <br /> Bortuwer shell prompty give Lender written notica of eny Investipetlon, claim, demand, Iawsuit or otNer action by any <br /> goremmentel or regulatory agency or private perry involving the Property and any Hazardous Substance or Environme+itel Law oi <br /> whlch Bortower has actual knowledge. 11 Borrower learn3, or Is notifled by any govemmental or regulatory eutharlry, thst any <br /> removal or othe��re�nec;�ation oi any Hazardous Substences aHecUng the Property is necessury, Bortower shall promptly tnke all <br /> necessary remedlal ections i� acc�rdat�co wfth Environmentsl Law. <br /> A�used In this paragraph 16, "Hezerdeus Substances' era those subslances defined as toxlc or hazardous substancos by <br /> En�ronmr•ntal Le►w and the Iollawing substances: gasoline, kerosene, other 1lamrtuible or toxic petroleum products, toxic <br /> pesllcidea and herblcldes,volatilo solvents, materG�is conta(ning asbestos or famwldchyde,end raciioac7lve materlats.As used in — <br /> the pr�regre�h 1�, "Envtronmentel Lnw' means lederal luws and{aws oi ihe Juriseilcllon wharo 1he Fropbrry Is located that relate e- <br /> to haallh,satety or onvYanrt�eqtal pratectlon. <br /> NOh1•UNIFOPi�1 COVENANTS•Borrower and Lender turther covenartl ancl agroe Hs toll�wg: � <br /> 17.Aseignmenfi �f Rente.Qorrower uncondiilonaly nselgna end transters to �ender eH th�rents end revenues of ttin <br /> Property.Borrower�uthorizes Londer or Lender'a agents to collocl the rents and revenues and hereby directs each tonant ot the <br /> Properiy to pay the rents to Lender or Lander's agenta. However,prior to Lender's noUce to Horrower of Borrowor's braach.ot. <br /> eny coven�nt or w9reement In the Security Instrument. 8orrower shall collect and recelvo all rents end revenues of the Proprrty <br /> ae truetee tor the bencfit o1 Lender end 8orrower. Thlo ascignment ot renta constftuies.an �baolute �ssignment nnd nol rn. <br /> ieslQ;.mcnt lor�dNt!on��aecurity ony. <br /> �f l�nd�r pN�� notic� 01 brMCh to Boirower: (�) �A rents recslv�d by Borrower shall be held by Bonowsr ea truaice ioc <br /> benM.it ol L�nMr onty� to be�pplled to ih�eum� aecured by lhe 3ecurity Ina ehaN payb'�N�nn e dw nd unp��idtt el.er�da or <br /> �Kefv��N a1 th� ronts o1 ths Frop�ty; �nd (o) ach tenant o1 the Property . <br /> lMd�f'e ayM1t d1!a11dM's wr1IIw1 d�t►lind iv ii�o im�.At. <br /> 6ortower haa not executed �ny pdor��tdpnment ot tha reme�nd haa not and wAI not pafurm eny�ct ihet wou{d prev�,nt, <br /> LMder kom�xKdshy fts rlyhto under thle Par�9nph 17. • <br /> Lender eh�N not be requked to entx upon,tak�control 01 or malnWln the Property betoro o►aftK qlvinp�utice ot btMCh ta <br /> 6om�wer, Howevw, Lender �r a JudiclaHy�ppofnted recatver m�Y da eo �t my Ume thsre la e bra�ch. My app►Icatbn ot rentc <br /> slul� not cure or w�hre any detnufl or Inv�Udate any other dght or remody of Lender. Thls aasignment of rents ot the Property <br /> eh�ll termfnate when the debt aecun+d by ihe Security Instrument la pnid In tull. <br /> 18. Fareolnsure Proendurs. If L�nder rsqulrwa Imm�dirrt� p+rymertit �n iull und�r P'iQ gW�ph�9, • <br /> l.onder may invoke th� power of s*te �nd �ny ath�r r�medl�s p�rmftt�d by �pp <br /> I,�rrd�r shall ba �n�Nt9�d to collect �11 oxpan:�s Incurr�d In pursuing th���m�d���p���j�l� _ <br /> thts paray►aiph 18� Includin�, but not t�mNted to, ��o:��on�ute �t����tliio .. , <br /> svid�na�. <br /> If ths power of sal� Is Invok�d. Tru4`t�e� sh�ll r�cord a woal;3c� o! dAi�uR In ��tsh �soun�y In <br /> � whlch a,ny p�rt of t6�� Prop�rty is toc*tetl �nd shall tnall cop�ua� of such notic� ;n tllcabls ipuv. <br /> proscri�d by sppllcabl� law to Borrow�r �nd to thr oth�� p�rnans pr�scrik�d by pP . <br /> Att�r th� time r�quir�d by appflcabt� Ixw, Trust�i shsll qivr pu.�iic notics���a1a to th� pprsone <br /> rnd In ttw mann�T �trosaribad by �ppUcabl� Itw.T�uato�� wRhoi�t d�m�nd on i�orruw�r. she11 soll: <br /> tho Prop�rty �t p�+�iNc auctlon ta the h�ghsst bidd�r at th� tiicna;#nd piscs and under tho terctta <br /> d�signatsd in the �notic• of sale In on� or mon parc�ls �nd.!n any ord�r Tn�st�o dot�nninen. . <br /> 7rust�e may pastpam sala of �II or �ny psrcol of th� Property by pubUc announceu Cfi�se he � • <br /> timo and placs of �ny prevlously schaduted sale. l.ender or ita clsslgnes mr� p <br /> Property �t �ny salp. <br /> Upon racoipt of p�ymant of thY prica bid, Trusteo sha16 d�l[vpr to tha purchawr Truutee'a <br /> de�d aonvoyinp thn Praperty. Thv reoftals in th�Trustoa'� do�d shall be prlma f�cle �vldnnoe af . <br /> iho truth af th� stat�mente made theroln. Trust�� shall apply th� proc�ods of tho s�1e in tho <br /> •toflowin8 ordsr. (a).to MII coots and expens�s oT �x�relstr�g th� pow�r of aala� snd tha srtu, <br /> In�ludinp tho p�ymont oi the T�u�toe's foes patu�if�l Incurr�od, not to excsed thres _ .`� <br /> of tho prinalpd amount ot th� note at the timo of the dnclaration of def•ru►t, end �owson�ble <br /> �ttornayse' faoa as �armlttod by law; (b) to �II sums escurad by this Sacurity Instrument; �nd (a) <br /> �ny oxcoss to th� psr�on or p�r�ons I��aily�ntltl�d to ft. <br /> If ths Lond�r's Int�r�st In thta Sscurity I�ntrum�nt is hdd by th� S�cntar/ and th� S�crwtary <br /> nqulro� Immodlat� pNym�nt In tull und�r P�r�yreph J, th� S�cv�tary may Invok� th� nonJudlaiai <br /> powsr of sa1� provld�d In th� 61np1� F�mily Mort��q� For�cloadre Act of 1994 ("AaY') (12 U•5•C• <br /> a��� � ..n_1 hv r.au��tinn o 4or�cioaur� commisslon�r d�sipn�ted undsr th� Act to commsna� <br /> -� � �.. <br /> inroalosure and to oell tho Prop�rty �� provitl�d in th� Act. ivotning in me pr.�a���y �•��••�o <br /> ehpll dopr(vo the Secretary nf wny right� Mh�rwlaw avallabla to A Lend�r undar thl� Parsqrapl� 18 <br /> or appllo�blo law. <br /> 19. RoC011Vtiy8nae. Upon payment �f alt sums socured by this Security In�trument, Lender shall request Trustea to <br /> recanvey the Property and shall surrender thls Securiiy Instrument and nll notod evidencing debt ser,ured by this �ecutiry <br /> - Instrumpnt to Tru3tee.7rustee shall reconvey th�r Prcperty wfthout werranty and without charge to the person or persons legally <br /> - entiUed to it.Such peraon or persons shall pay any recordation ao�ts. <br /> F5613.LM�(4N�) Paga 4 of 5 <br /> - 96123 <br />