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20110279� successors in interest. Any forbearanc by Lender in exercising ny or preclude the exercise of any right o remedy. 12. Successors and Assigns ound; Joint and Severa Li agreements of this Security Instrum nt shall bind and benefit the Borrower, subject to the provisions o Paragraph 9(b). Borrowe 's c and several. Any Borrower who co-s'gns this Security Instrum t t signing this Security Instrument only to mortgage, grant and co ve� under the terms of this Security Inst ment; (b) is not personal y ol Security Instrument; and (c) agrees th t Lender and any other B ro� or make any accommodations with r gard to the term of this S cur Borrower's consent. 13. Notices. Any notice to Borrower provided' for in thi� delivering it or by mailing it by first class mail unless applica e l� notice shall be directed to the Prop rly Address or any othe adc Lender. Any notice to Lender shall e given by first class m il tc address Lender designates by notice t Borrower. Any notice pro ide deemed to have been given to Borro r or Lender when given a prc 14. Governing Law; Sever bility. This Security Inst me the law of the jurisdiction in which t e Property is located. In t e e Security Instrument or the Note con icts with applicable law, s ch of this Security Instrument or the N e which can be given effe t w end the provisions of this Security In trument and the Note are ecla 15. Borrower's Copy. B rrower shall be given on co Security Instrument. 16. Hazardous Substances. Borrower shall not cause r pe: or release of any Hazardous Substanc s on or in the Property. B rrov� do, anything affecting the Property that is in violation of a y E� sentences shall not apply to the pre nce, use, or storage on t e Pr� Substances that are generally recogn zed to be appropriate to n rma the Properry. Borrower shall promptly gi e Lender written notice of ny i other action by any governmental r regulatory agency or pr'vate Hazardous Substance or Environmen al Law of which Borrower has ; is notified by any governmental or regulatory authority, tha any Hazardous Substances affecting th Property is necessary, orro remedial actions in accordance with nvironmental Law. As used in this paragraph 16, "Hazardous Substanc s" a hazardous substances by Environ ental Law and the folio ing flammable or toxic petroleum pr ducts, toxic pesticides a d containing asbestos or formaldehyde, and radioactive materials. s u Law" means federal laws and laws of the jurisdiction where he safery or environmental protection. NON-UNIFORM COVEN NTS. Borrower and Lend r fur 17. Assignment of Rents. Borrower unconditionally assi and revenues of the Property. Borro er authorizes Lender or Le der' and hereby directs each tenant of th Property to pay the rents o L to Lender's notice to Borrower o Borrower's breach of a y c Instrument, Borrower shall collect a d receive all rents and rev nue of Lender and Borrower. This assig ment of rents constitutes a ab for additional security only. If Lender gives notice of b each to Borrower: (a) all rent Borrower as trustee for benefit of L der only, to be applied to the (b) Lender shall be entitled to colle t and receive all of the re ts o Property shall pay all rents due an unpaid to Lender or Len r's g tenant. Borrower has not executed any prior assignment of t act that would prevent Lender from xercising its rights under Lender shall not be requir to enter upon, take cont giving notice of breach to Borrowe . However, Lender'or a j� time there is a breach. Any applica ion of rents shall not cur� right or remedy of Lender. This assi nment of rents of the Pro the Security Instrument is paid in fu L 18. Foreclosure Procedur . If Lender requires imr. Lender may invoke the power of ale and any otherremei shall be entitled to collect aII exp nses incurred in pursuin including, but not limited to, reas nable attorneys' fees anc If the power of sale is inv ked, Trustee shall'xecori any part of the Property is locat d and shall mail copies � Applicable Law to Borrower and to the other persons pre, required by Applicable Law, Tr tee shall give public noti prescribed by Applicable Law. T ustee, without demand o� auction to the highest bidder at t time and place and und in one or more parcels and in an order Trustee determin parcel of the Property by public nnouncement at the time Lender or its designee may purch se the Property at any s: Upon receipt of payment f the price bid, Trustee s conveying the Property. The reci als in the Trustee's deed the statements made therein. Tr stee shall apply the procf all costs and expenses of exerci ing the power of sale, Trustee's fees actually incurred d reasonable attorneys' all sums secured by this Securi Instrument; and (c) a entitled to it. If the Lender's interest i this Security Instrumen is : requires immediate payment in ull under Paragraph 9, the 16256.CV (11/07) 905159 or remedy shall not be a waiver of lity; Co-signers. The covenants and ccessors and assigns of Lender and �nants and agreements shall be joint does not execute the Note: (a) is co- at Borrower's interest in the Property ated to pay the sums secured by this may agree to extend, modify, forbear Instrument or the Note without that Security Instrument shall be given by v requires use of another method. The �ess Borrower designates by notice to Lender's address stated herein or any for in this Security Instrument shall be ided in this paragraph. t shall be governed by Federal law and �nt that any provision or clause of this �nflict shall not affect other provisions hout the conflicting provision. To this �d to be severable. formed copy of the Note and of this it the presence, use, disposal, storage, shall not do, nor allow anyone else to ronmental Law. The preceding two �rty of small quantities of Hazardous ;sidential uses and to maintenance of ivestigation, claim, dernand, lawsuit or party involving the Property and any �tual knowledge. If Borrower learns, or removal or other remediation of any �er shall promptly take all necessary ; those substances defined as toxic or substances: gasoline, kerosene, other ;rbicides, volatile solvents, materials ;d in the paragraph 16, "Environmental operty is located that relate to health, her covenant and agree as follows: ns and transfers to Lender all the rents agents to collect the rents and revenues ider or Lender's agents. However, prior venant or agreement in the Security of the Property as trustee for the benefit dute assignment and not an assignment received by Borrower shall be held by ms secured by the Security Instrument; the Property; and (c) each tenant of the ent on Lender's written demand to the � re ts and has not and will not perform any his aragraph 17. >1 0 or maintain the Property before or after iici lly appointed receiver may do so at any or aive any default or invalidate any other �rty shall terminate when the debt secured by B and te payment in full under Paragraph 9, ermitted by Applicable Law. Lender remedies provided in this Section 18, � of title evidence. tice of default in each county in which h notice in the manner prescribed by �d by Applicable Law. After the time sale to the persons and in the manner rower, shall sell the Property at public � terms designated in the notice of sale rustee may postpone sale of all or any �lace of any previously scheduled sale. �eliver to the purchaser Trustee's deed be prima facie evidence of the truth of f the sale in the following order: (a) to e sale, including the payment of the s permitted by Applicable Law; (b) to eess to the person or persons legaily Page 4 of 5 by the Secretary and the Secretary retary may invoke the nonjudicial GOTO(OO15c689)