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<br /> � conilicts wilh applicnble Inw, such con�llcl shell not �tioel other provisions ot lhis Secuniy UuRumr.nt nr Ihu Note� wluch cun be
<br /> ., ���ivon ullccl wilhuul Iho r,onihelmc� provi,lon Tu Ihis end Ih:� pruvision�: ul Ihis S��cunty In;irumcn��uid Ihr Nnlr .u�� dcr.l;u�td tu �.
<br /> Vl' :.L'VIY.i1�lIU- .
<br /> i 15. BU/roWeY'e Copy. Eiorrnwor shnll bo E�iven unu conlormed copy oi tho Nole:�nd oi Iluy Secwily In�Uw�u:nl
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<br /> 16. Hnza�rdous Sub�tancos. Borrowcr shull nol c.n�sc or permd Ihc prr.sencc usc� duposul. :lornqe. w rcicnrc u�
<br /> . � 1..� nny Hnznrdous Subslancna on ur in tho Propedy. Dorrower shnll not do. nor nllow nnyone el:�o to da unytlung nifecimE� Ihu
<br /> , Property Ihnt Is in vlolatlon oi ❑ny Envlrontnoninl l.[tw Tho procoding hvo senloncas shnll not npp{y lo Ihe presenca usu, or ���
<br /> ' `,t 5lO�AqO 00 tho Propcsrly ot small quantiUOS ot Hnzurdou3 SuuslHnces lhal are pcnuratly rrcoc�nlzcd to bc appropn:�ir tn norm�l
<br /> rosidentlal uses and to malntunnnco 01 tho Properly. "j'
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<br /> ..� Borrower shnll promptly plvo Lender wrttten notico ol nny Invostigntlon, clnim, demnnd, lawsufl or other nctlon by any =�-.
<br /> govommental or re{�ulatory aflency or privato pnrry InvoNlnp lhe Property and any Hoznrdous Subslnnce or Environmenlal Law ol l�,��
<br /> which Borrower has ac�uul knawlotlpo. 11 Borrower learns, or is notitied by nny govammQmal or regul�tory uuthorily. thut any �
<br /> � ' ''� � removnl or olhor remedlatlon o1 uny Hozardous Substuncos oflocting the Property is necossary. Borrower shall prumplly take nll _
<br /> necessaiy remedini ac.�ens In uccordsnco with Environmenlal Luw. G''
<br /> � As used in ihfs p�raflmph 16. 'Hazardous SuGatnhcos" are thosa substnncns dotinod as loxic or hazardous subslnncns by —
<br /> •• • Environmental Law ond lhe following substances: qasolfno, kerosene, oUier tlammable or toxic petrolsum products. toxic
<br /> ii;�.. ` pe3ticfdes and herblcldes, volatila solvents, matodals containinp asbestos or tormaldohyde, end radiouc�rv� matanals- As u�ud m �
<br />_ ih� paragraph 16, 'Environmentul Luw" means federal laws and laws of the Jurisd�ction whero tho Property is located ihat rolntu __
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<br /> ra',•:., . ta health. safety or environmental protootfon.
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<br /> �5�,;� � - NON•UNIFOflM COVENANTS. Donower�tnd Londer turthcr covenunt und agree as lollowr �-
<br /> � 17. Asslgnment of Rente. Borrower unconditionaliy essigns and translers to Lender all tha rents and revenues ol the _
<br /> '. ,..; Property. Bortower uuthorizes Lender or Lender's agents io collQCt the rents end rvvenuos and hereby directs each tenent ol the _
<br /> r`,""-����`` Property to pay the rents to Lender or Lender's agents. However. prior to Lender's notice to 8orrawer oi Borrower's 6reach oi
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<br /> 4���i-;ti' any covenant or agroement in the Security InstrumenL Borraner shall collect und receNo all rents and revenues o1 the PropeRy
<br /> =:,y;jjy.� � fl6 trustee for the benetit o1 Lender and Borrovier. This assignment ot rems constitutes an absolute ussignment nnd not an
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<br /> asslc�nment for additional security only.
<br /> ;vY�; If Lender glves notico 01 breach to Borrower: (a) all rents recelved by Borrower shail be held by Bartower as trustee tor
<br />_,-�.�=�":�, 6onoUt a1 Lander only, to be epplied to the sums secured by the Secudty Instrument: (b) lender shall be entitled to collect and
<br /> u 9.=?;��� recolve all ot tho rents ot the Property; and (c) each tenant of the PropeAy shall pay all rents due and unpaid to Lender or
<br /> __ ��, Lander's ugent on lender's written damand to the tenant.
<br /> �.;��f Bortavier has nol executed eny pdor ssslgnment ot the rents antl has not ena wiii noi perioun arry uui it'�a:�c�d�:���^!
<br /> — -����� Lendw trom axerclsing Its Mghta under thls Paregraph 17.
<br /> __�_ .y, Lender shall not bo raquired tu enter upon,teke control oi or malntnin the Properry botore or efter giving notice of breach to
<br /> �"'-�`� BoROwer. However, Lender or a Judiclalty appolntod receNer may do so at any time thero is a breach. Any eppllcation of rents
<br />—_=��� shall not cure or waivo eny detauit or Invafldale any other rtght or remedy ot Lender.This asslgnment oi rents ot tho Properry
<br /> _.r_= shall terminate whe� the debt secured by tho Socurity Instrument Is peld in full.
<br /> _--- 10. Forealosure Procedure. It Lender roqulres immedlate payment in full under Paragraph 9,
<br /> Lender may Invoke the power of eala and any other remedles permitt�d by app��cable lew.
<br /> Lender shall be entltled to collect all expenses Incurred tn pursuing the rem�dies provided In
<br /> this Paragraph 18, including, but not Itmited to, reasonable attornAys' fees and costs of title
<br /> � evldence.
<br /> If the power of sale fs invoked, Trustee shall rncord a notice of default in each county In
<br /> <�;s�� whiah any part ofi the Property Is located and shall meil coples of such notice In the manner
<br /> ___::__= prescribed by appllcable law to Borrowe� and to the othor persons prescribed b�r applicable law, `
<br /> After the time requlred by appUcat►le (aw. Trustee shafl give publlc notice of sale to the persons
<br /> and On the manner qrescrlbed by appllcable law. Trustee, wtthout demand on Borrowar, shall sell
<br /> tha Property et puBlic auctlon to the highest bidder at the time and place and under the terms
<br /> doaignated In the nottce of sale In oue or mor� parcels and In any order Trustee determines.
<br /> Trustee may postpone sale of all or eny parcol of the P�operty by public announcement at the
<br /> time and place o4 any prevlousty scheduled sa�e. Lender or Its designee may purr,hase the
<br /> Property at any eale.
<br /> Upon reoeipt of payment of the price bld, Trustee shall deliver to the purahaser Trustee's
<br /> — deed conveyiag the Property. The recltals in the Truste�'s deed shall be prlma faale evidenoe of
<br /> -- = the truth of the statements mad�r thereln. Trustee shall apply tho proceeds of the sale In the
<br /> __ _ --- following o�dor. (a) to atl costs and expensea of exercising the power of salQ, and the sale,
<br />___ R��� Including tha pAyment of the Tr��stee's fees aGtually incurred, not to oxceed three qa
<br />�,_a:�,,;,,.�� of the principal amount of tha note at the time of the decla�atlon of defeult, and reasonable
<br /> ---__-- a�torneys' fees es permitted by faw; (b) to all sums secured by this Security Instrument; And (c)
<br /> _==-�_�;� �r�y excess to the person or po�s�ns legaliy erotitled to IL �
<br /> .��-`�°— — If the Lendor's interest in ti�is Socurity Instrument ia held by the SeorotT�y �nd the Secretary __
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<br /> ..,�s;x. requires Immedlate payment in f�ll under Paragraph 9, She Secretary may invoke tho nonJudicial
<br />;�;�'���""^ power of sale provided In the Sintile FamUy Mortgage Foreclosure Act of 1994 ("Acf') (12 U.S.C. -
<br />'-n_u�t . 3751 e4 se .) by requasting a foreclosure commisaloner designated under the Act to commence �,
<br /> -- �-^��� �.._..���....� �...� �.. een aho o....,o.�.. oa .,...�Irlod in �ho An�. Nnfhinn in the orecedflld sentence -
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<br /> _'�''��T,��"`�' shall cle�prlvA the S�Cretary of any rights othen�vise available to a Lendor under this Paragraph 18 :
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<br /> -����x;•� i w or applicable lav�. ``
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<br /> ..�� •! � " tip 19. Raconveyanee. Upon pnyment o1 ell sums ceCUred by this Security Instrument,lc�nder shnll roquest Trustne to -
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<br /> .,.;4='�.` •`•:�.!. roconvoy the Property and shall surrender ihis Secudty Insirument and all noted evidencfng debt secured by this Seeurity _
<br /> "�':'"" .•� Instrument to Trusteo.Trustee shall reconvoy the Property without wartanry and without charge lo the person or persons legally =
<br /> - . '_ " entiUed to It.Such person or persons shall pay any recordaUon costs.
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