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<br /> � �*�1��rOp��'l1NY'A19A:..._. -, i n .. . . . . . . . . . � __— " _.�(r':.�lai
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<br /> � . gg- �U'<<3!�'7 � , . -
<br /> • conillcto with oppllaabb Uv�, euch aonlliot ehali not uYect other provlsbna ot lhis Socuriry Inotrumont or lho Noto whbh can De � _
<br /> pHen eHaot wllhout tho Ccnllbting provlsion•'To thl�end the provlslon9 01 thl9 �GCUrity Inot�umcnt aad tho Noto nro dCOlarcd to ,-
<br /> be s8verabie. ,
<br /> � 16. Borrowe�'a Capy.aorrow«�nau w� ow�o��oonlom►W copy of tho t�ot� �nd o}thl�S�CUtky �nstrum�nt. „
<br /> 16. HdZl1�dOUi Substances. Barrowe� ehiN not caui� or p�rmN th� praa�nca, uso, dispoea6 �torape, or nleasv ot •� w:.
<br /> any H�an►douR Nbetances on or fn the Prop�xty. Bonawar shall not do, nor Qlbw anpon� �i�� lo do, �nythhp aM�clfnp lh� •�
<br /> . . Property thst {s In vblat{on o1 my Hnvironm�tal Law. Tho Precadlnp two eentonc�� ehall n�t QpPH to IhC Pra�cnco, u�a, or
<br /> ' storepo on lhe PropGty o1 crtuY qutntitial of Hazardoua Subst�nc�s fhat u� p�n�nly noop�izw�i to be app►opri�i�to norm��
<br /> resldentlal uses ind to malnten�nce ol th�Propsrty. _
<br /> _ • ✓` Bortower ahall prompty pka Un�er wrkbn notfc� of any hwstlpatbn, ckim,
<br /> d�mtnd, I�wauR or othe► Qotbn by any
<br /> ' .. `.--.7� qovemmentol oe repul�tory apenoy or prdvau perty hvolvin0 th�Proparty �nd nny Huardoua Subatancs or Environmental Ltw of
<br /> wh�Ch Borrower hae actuat knowiedp�. If Bortow�r bama, or b notified hy anY Ouvemm�nul or ropuhtory tuthorky, thtt any
<br /> removal or other nmsdletbn of any Huudaua Subatancts aftecthp the Propsrty Is nesess�rY� Bortowor shnll prompty t�ke aA w
<br /> nscessery rMnedW�ctiona h acCOrdanca wkh Environmental Law. . . • " i.�� �i.'�
<br /> ,,�.�., _��:
<br /> , As u5�d in thb paraq�aph 16. 'Hazerdous Substu�ces' an thoss subst�nces detined as toxb or heurdous subatances by ,.��;y���-„
<br /> '-�•::•�a���1y:,�...�
<br /> � ; Envfronmental Law and the IoNowhy subsUnces: paaoltne, keroLene, othe► hmmabb or toxic patroleum produote, toxb . ��:-- _--' �
<br /> � postkldes u�d h�rbktd4s,vo�tib sohre�te,m�teriRk contahinp aebaatos a torrtutd�hyds, md adb�otivs mRtarlals.As u=�d fn '�'.^_ �_
<br /> � the pareyraph 16, 'EnvManmenUl Law' rt�xns leden� kws and laws of the Jurisdfctbn whK� th�Prop�rty IS tocated that nkte ;,� :}.,z`.��'"`_�—°-,
<br /> ,. ��,�,'ec:��-
<br /> to hcafth,�taty cr 9nvkonmentol prolectkn. ': .�;��j�:= __,___
<br /> •, ,-':•
<br /> � `'' —
<br /> NON•UNIFORM COVENANTS.BonOwer and Lender iurther Cove+�ant end egree as tolbws:
<br /> =l;t� -
<br /> 17. Asslynment o! Rente. °�rtower unconditbnaly assipns end translars to Lendsr aA tho rents and revanu�s of the _ _
<br /> • � # Property. Borrowsr wthorfzes I.ond�r or Lenders aponts to coiqct tha rants and revenues and hereby dlrocts wch tanant of the :.��.'�"""—
<br /> " � PropeAy to p8y the rents to Lender or Lenders epertts. Howevet, prbr to I.ender's nOt�e to Borrower of BOrtowers brrich ol ' �.,r
<br /> �,:y::_.
<br /> s� � eny covenant or aqreertient in lhe Socuriry Instrument. �onower shaY couect and rocat� aY rants and rsvenues of th� Property �_`--�r:_
<br /> ,. �i _
<br /> as trustee for the benefd of Lendw end Bortower. Th's nsstpnment of ivnts constttutes en absalute nss[pnmant �nd not an �+'.c:cra��4
<br /> assfynmer�t tor addRbnal security ony. !k-=-�°
<br /> •�. �}���r qNes not�� of breach to Bortoww: (�) aY ronts roc�tved bY BoROwa thaN b� twfd by Boaowar as wstw Por =_-__
<br /> � benofd af Lender ony, to be opp►bd to Ihs sums aecured by th��urky insWmw�t;(b) L.�nrM►shaN ba�ntkisd to colMct and
<br /> -�"� rec0h,e all oi the rents of the Property;ond (c) each tenant of the Property shaU p�y aM rents duo and unpaid ro LendK a �
<br />� , Lenders apent on Lender's wrMen demand to the tenar�t
<br /> '� '•'�' Burrower has not Eucecuted any prior assbnment ot tne rents ond has not and wW not ps�o:m 9ny act that woutd prwrent
<br /> • ' Lgnder hom exetclshp its riphts under thb Perapreph 17. •
<br /> ' �', Lender shaY not be requYed to enter upon, take control ot or ma3nteh tAe Properly betors or after ylvh�not�e of brwah to
<br /> BoROwer. However,Lender or n judbiaNy appohted receMrer may do so et any tYrw thero b a bre�ch. My Applicatbn ot rente '
<br />- � shaN not cure or waMre any dofauk or hvatid�te ony othor►ipht or rert�edy of LertdAr.This assipnmor►t ot rsnt� of tho PropeRy :;�
<br /> � � r shali tamintts whon the debt secured by the Security Instrurnent is mald h lull. •
<br /> i�� .. ..,.,;� ��, 18. Forectosure Procedure.it Lender requtres immediste paymee�t In full under Par��raph 9� - °_--'
<br /> Lender may Invoke the power of sele end any other remedlea permltted by appllcabie l�w. -
<br />_:•.:.:�..�__.._. : _
<br />��'x��'� Lender shalt be en4itled to collect s�t expenses mcurred iro pur�iiiiy 'u`�n :::.:.����� proe�l�±e n
<br />'�:���
<br /> °-°�' � ���*� Lhla Para�raph 18� includln�, but ndt Itmlted to, reaaonable ettorneys' feea �nd cAats of ti�le �. _
<br />:,�-°�,., .. �. � —
<br /> •�-_ v , , evidence.
<br /> . -:--w..._,��.:�j�`
<br />'�-=-��,ar' If the povrer of sale la t�voked. Truatee ahatl record a noUee of default tn eacFe �A�nty in
<br />��:�'"�:� whlch any part of tho F'roperty Is located and shall meil coples ot wch noUce In the manner
<br /> �_�,-., � p Ilcable law.
<br />-_�::, �:y � � preacribed by �ppl�cable law to Borrower and to the other eraon�prescribed by �p
<br /> �'�=� y� �, �� dfter t�e ttme �equired by applicable law,Truatee ehaii �Ive public noUce of smle to �+e per�ons
<br /> � .:..` shall w11
<br />��' '�-�°����"'� � end In the manner preacrlbed by epplicabte law. Trustee, without demand on Borrower�
<br />�n�_,....,:;::���' , -
<br /> --�° ;�'��:-� the Preperty at publtc muctto�n tv the ht9heat bidder at the tlme end place �nd under the te��ms
<br />-�-�''�`'i'��•• d�signated In the noUce of sele In one or morc psrcela and In any order Trustee determtnes.
<br /> "--�: .`.�` Trustee mey poetgone sale of nll or eny psrcel of the Proper� by p:�btic �nnouncement �t the
<br /> ---d�'`'�3�• tlme end plec� a�f any prevlousty �cheduled aale. Lender o� its desl�nee msy purchaae the "� __
<br /> "'`-`„:::'';�'Y;�;� Prop�rty et any sate, --
<br />;����..::._��.,�:u�'•; Upon roceipt ot peyment ot the price bid, Trustee shali dellver Z� zhe purchaser Trustee'� __
<br /> ��s�_.
<br />- deed convoying th� Property.Tifne recifals in iNe T�ustee's dccd - -IE Eaa prtma feele e�vide�nce of __
<br /> � . �. the truth ot the atetements made thereln. Trustoe shatt apply the proc�eeds of the aaie In the v _
<br /> - t ollowin Q orcier: (e) to ell costs end expensea of exerctalny the power of sale� end the sst�e�. -- _ _ -
<br /> - ��� Includinp the payment ot the Trustee's fzes actue�lty In�u��ed, not to exce�d 3 _ �___
<br /> -- . ����" af the prtncipel amount of the note et the ttme ot the declsr�Uon of deteult� and reasonable _:-�:�T
<br /> .:,4.mm,�.,,�,.��.,-
<br /> - '��`��� ettorneya' feea as pormitted by iaw; (b) to all aums secured by �hl� Security Instrument; �nd (c) ���
<br /> `' •� any excess to the per�oR or peraons le�ally entlUed to I� •��
<br /> � .:�:: . -��
<br /> If fhe Lender'e Intereat In thts Securiq� insVument is he t d by t h e S e c r e t a ry �nd the Secre t e ry ::fy � � .`�
<br /> requires immxdfete peyment In tull under Pare�raph 9, ti�e Searetery m�y Invoke the nanjudlcl�l y�,� , -.��,�;,..:
<br /> � ` power of aale prov�ded tn Uie Sinple Fsmity Mort�ape Foreclowre Act of 1994 ("AcY') (12 U.S.C. :�.:�y�+.�. ',,;1���.:�
<br /> —�--'-� !-— _..� �.. .�.....�*t..n .�...��..,r. cnmmt�loner de��n�ted uader the Act to commence ��� �•'!��_I:;?_:::
<br /> Q-�-=�- -
<br /> �.-.--:.-. -- �i o i 9i �ScY•J ..s ....�..�....� —-—•-------- - -
<br />- � toreclnsure end to soelt the Property ea proveded in the Ac� NothM� tn the prcceding santence �-°�-_°-
<br /> ahatl deprive the Secretery of 6ny righta etherwise avAilable to e Lender under thts Psregreph 18 . � -. ,r ,
<br /> or appticeble law.
<br /> . ' 19. Reconveyanee. Upon payment of all sums securod by this Securtty Instrument, Lender shall request Trustee to
<br /> raconvey the Property and shaY sunender this Securiry Instrument and all noted evkbnoh� debt secured by this SecurRy , ,
<br /> InsWmont to Trustee.Trustee shall recanvey the Property wRhout warrenty and wkhout Charpe to the p�rson or per6ons IepoMy
<br /> entitbd to k.Such person or persons shall pay any recordatbn costs.
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