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<br /> �=�=m:��'1� �2. l�u�ti�cory pnd Asci�nA Hound;Jolnt ond 3eversd l.IAbDUy= Ca-Signcrn. Thc cnvcrwntti and ugrcementh of Ihis
<br /> a.��=�'"�-�--'J' Socu�ity lnstrument shall b{nd aa! benetit the�urcessarx wul �uaigns uf l.enJer unJ &�r�uwcr, wAjcc� t�► �he pr�►vi�ium�►f
<br /> ��„�'T�'�``�'"`:`� ptu�ugtaph 9.b. Borrower's wvenantc nnd ogrcement� shall be juint w�d xeveml. Any &►rrower whu cu-ni�nr thi+ 5ecurlly �_
<br /> �� Instrument but does not excxutc the Note:(a)is casigning this Scrurity InstNment�mly ��� nw�rtgagc,grant unJ cunvay Ihut
<br /> — Barmwer's intarest in the Propeny under the ternu of this Securfty In►trumenr Ib)ia nut perM►nufly obligu�cd tu pay thc r�ums
<br /> '��k�•� .� securcd by this Secutity Instrument; And 1c)ogrocs ttwt I.ender und uny other 8��rci�wcr muy ugnr to cxtenJ,m�xlify, furbeur nr
<br /> - ��`�'`=- mAke ony ucconunodatiorw with rc�ard to the ternw of thic Secu�ity Instniment or the Note withiwt tiwt eumawer's can�ent.
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<br /> `� �.�. 13.Notices. Any nati¢e to Borrower provided for in this Security InstNment shnll bc givcn by dclivering it nr by muiling � -
<br /> _� �� ^ ��--•� � it b firxt cluss ms�il unless n licable luw re uires use of anothcr method. The notice tihAll bc di�ccted to the Pri h Addtcss -`
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<br /> -_=_.� :;,.-t.�`� or any aher address Borrower de.vignutes by natice ta Lender. Any notice la Lender shull be giveo by fint clus.r muil �o _
<br /> .`-,�.,.c�� -�'"'' � Lemler's eddress stated herein or any nddress [.ender designutex by natice t��BoROwer. Any notice provided for in thia Security
<br /> '-=�`��"�'�"`'`� Instrument shell be deemod ta have been given ta Borrower or l.ender when given as prcrvided in�his pnrugraph. --�
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<br /> �..,w�,���-'-`�:k;'�� !4. Governing Lww; Severabll(ty. This Security Instrument shull be govemed by federal law und the luw ot� the - -
<br /> � jurisdictian in which the Property is Icxated. In the event thut any provisi�m or clause of ihi.r• Security In+tnrment ar the Note
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<br /> • canflicts with nppllcable luw,such conflict shull no�uffect uther provisions of thi.Security Instrument or the Note which c�n be _
<br /> n'—"=�"'1°�`` given effect wf�hout 1he conflirting pravision.To this end thc provisionss of this Secu�i�y Instrument ond the Note orc declared
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<br /> a;r�<'t�� W Ite severable.
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<br /> � _ - " � �'�s�;�j�n 1S.&►rrnwer'A Capy.Bomawer sh�ll be given ane conformed copy of this Secu�ity lnstrument. �_
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<br /> , lb. Assignment of Rents. BaRawer unconditionally assigns iu�d trsinsfers to L.ender ull thc rents and revenues of the
<br /> �_.'.:�{ � Property.Bnrrower autharizes l.cnder or I.ender's ngents to collect the rents and revenues and hereby directs eACh�enunt��f�he _
<br /> '- ., ;, Propeny to pay the ren�c to Lender or Lcndcr's ugents. Howevcr,priar ta l.ender's notice to BoROwcr af Borrawer's breuch of -�-
<br /> ,;;��� any covenant ar agreement in the Securiry Instniment, Bonower tihall collec�and receive ull rents and revenues of the Pmperty
<br /> ''���' �' ���A as tnistee far the benefit of Lcndcr und Borrowe�. This assignment of' rents constiwtes an absolute aYSignment w�d not an --
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<br />-;rv`����; . �n ansignment foradditional�ecurity anly.
<br /> �:,"�,: '";` �� If l.ender gives notice of breach to Barrou�er. (a►all rents received by Borrower shall be held by Borrower us truslee for
<br /> � . � benefit of Lender anly,to be upplied to the sums secured by the Security Instrument;(b)L.ender shull be entitled to c�►Ilect und
<br /> � M_ .w_.-.�..ei_;. receive all of�he rents of the Pro rt nnd (c) euch tenant of the P n shall a all rents duc und un aid to l.ender or
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<br />-- ' ° i.endcr's ugent on l.ender's written demand to the tenant. _
<br /> -` - Bc�rrower hus not executed any prior ussignment of the ren�s and hes not and will not perform uny act that would prevent ��
<br /> ;� � � , I.ender irom exercising its rights under this parograph 16. _
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<br />. - ' Lender shall n�x t�e required lo enter upcm,tuke contml of o�mainwin the Property before or s�Rer giving notice of breuch !``�-
<br /> .-''� � to Borrower. However, Lender or u judiciully appointrd receiver muy do so at uny time there is s►hreach. Any application of �-=`
<br /> .;'• remr shall not cure or wAive nny defuult or invalidule uny other right or rcmcdy of l.ender. This assignment of rents of the �
<br /> - � � ""'' �" Property shuU tem�inute when the debt secured by the 5ecuriry M.�rument i.r paid in full. �`
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<br /> , . NON-UNIFORM COVENANTS.Borrower und LenJer further covenunt and ugrce u�follow�: ��
<br /> _. ; � • 17.Forecbsure Pracedure.If Lender r��yuires imm�diute paymcnt in full undcr ps�ra�;rAph 9, l.ender may invoke the ��'
<br /> - ' •� power ot sale and any other remedies pennitted by �pplicuble law. I.endcr shall bc entiticd to collect all expenses
<br /> ' " ' Incun�ed in pursuing thc remedles undcr this paraqreph 1'7.fncluding. but not limited to. re�r,onable altorneys'fc�pnd � .
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<br /> ��� „ costs of Utle evidence.
<br /> -= IP thc pnwer of wle is inv�►ked, Trutitec shall rcrord a noticc uf default in cach count� In which eny p�rt uf the �
<br /> ' . Prnperty is Mcated and shall muN copics of xuch noticc in thc munncr prescrilxd by upplicublc luu•to Bormwcr and to �-�
<br /> = the nthcr penans prescril►ed by applicuble law. Aftcr thc timc rcyuind b�•appliroblc lu��•. Trustcc tihwll Rive public nutice r
<br /> `�' ' of sole M the penons�nd in the manner prescrii►ed by appliruble IAa•. Trustec.w•ithout dems�nd un Bnrrower. �chull xcll
<br /> " '• ' ":.'�, - the Property at public uuction to the hiRhe.r•t bldder at the time and plucc und undcr thc termti d�ignated in the notice nf -..
<br /> . . ;., . � sale in one or more pnrrels and bi any ordcr Trust�ti dcicrmiiu�. Truxtm mu�• pnslponc wle oi'ull or un��parccl of the
<br />.. � �; ., Pruperty by public annuuncement at thc time and plurc of any prc�iouxls xhcduled xuk. Lender or its d�siun�e may
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<br /> , purchuse thc Property at on}•sAle. ,.
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