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<br /> � confficts w8h 8pplie8ble �aw. suG�conf6ct sha�not aHbct other prtvisWns of Nis Security InstsumeM or the Note whkh een be �. � . . ..
<br /> _ • given effect witAOUt the confla�g provision.To MC5 8nd tha provistons of this SecuritSr tnstrument and the Note aze Qeclared to o -��
<br /> . be sevet0b19. � -- --
<br /> : _ �r, ,
<br /> of the Note and of thiS S�urily Inst�ument �V
<br /> � ' , 15. Borrower's Copy.Borrower Sh80 be given One Contotmed COpy <<
<br /> ' 16. K828fdOU8 SUbStBttCEB. Borrower sAaO no! �suse or permR the presenee. use, disposab storage. ar re�ase ot .
<br /> � eny Hazerdou8 Substences an Or in the ProOertY• Borrower shafl not do. nor aQow 8nyone etse to do,anything aHect�g tne . `� • �
<br /> .` � ` , prpDerty thet is in vtotation of any Environmentet law. The preceding two sentences snall nat eOPry to tne p�65Bl1C@. YSB. O► .. Q ..'
<br /> � � storag9 on tt�e Rroperty ot SmaU quantit�s of Hasardous Substances Nat are generallY reeogni�d io be approprfate to nortnel _
<br /> �. - residentiat use5 end to matnt�ance of the Property. ° .
<br /> ' � ` � 8orrower shall promptty 9ive Lender written notice of eny u►vestlgatian, claun. demand tawsuh or other ectbn by any _ _
<br /> _ - T - govemmental or regulatory agency or private party �vak�g tRO Proparty and any Hezardous Substance or Envconmenffif Law oQ� _ _. _
<br /> ` • whkh Borrawer has actuai knowiadge. It 8orrower teams, or is nati2ted by any govemmentat or regu►afory suthority. thst enyl� ';' `
<br /> , . . removal or offier remediation of any Heiardous Substances ffii�ctmg the Praperiy(s necessary. Bortower shall prompUyr take su , ,, :'; f �� '
<br /> : � necessary remedialBCtions in eccordanCe with Environmental Law. � . � _. :
<br /> .:�.� .. � ` r' AS uSBd((1 thi5 p8f8$fAPl1 16.'HSS8fdOUS SUbStenCBS"ete those substanees defined as touic or ha�rQous substenres by � _Y,; _� ,�.
<br /> . Emironmenfa1 Law and the foilowmg substences: gasoGne, kerosene, other ilammabls or toxic pevo�um products, coxic � : �;��"` ��
<br /> pestiCid9s end herbiCfdes.votatite soMents,materiaLS conffitnfi9 eshestos ot tortnaldahyde.and radioactive materiats.As used in �
<br /> ' the paragraph 16. °Envtronment8l Law'meens federa!laws end laws of the jurisdkUon where the PropeRy is loCated that reiate � . .• �••,�.
<br /> r to heafth.safety or emrVonmer►ta!protectton. i� ^;r _�.�
<br /> '. -,-.`
<br /> ' • NON-UNIEORM COUEN/tNTS.Bortower and Lendsr tuRher eovenent and agree as toilows: - .'`��``%� :f�,�`�"'`
<br /> . � •�;
<br /> • . � • 17.Assignanent of Rents.eorrower unconddionaRy assigns end transleB to Lender sU 11i8 rents and revenues ot the : •:F4-_
<br /> Property,Borrower author�ds t.�der or Lendars agents to coVect the rents and revenues snd heneby dheects eac1�tenant of the ' '��`'`.�• �-
<br /> cs .
<br /> `�,< . Property to pay the rents to Lsnder or Lenda�s agents. However, prior to Lenders notics to Borrower o1 Bortowets hseach of ' .t`�`I "'��
<br /> - .,t� ' ,?,;�,• ',,W-.
<br /> any cov�nant ar agreement ai the Security Inswment,Borrower shali wtte�t and receive aU rents and revenues of the Praparty `_
<br /> .._ . - as trustee for the benefit of Lender end Borrower. This assignment of rents constitutes an abso4tte assignmen!and not an =_"' •�.r_a�
<br /> :�,,E.
<br />- ` a^„ignment for additionat security onty. � `.
<br /> ' ' If Lender gNes aotice of breaCh to 8ortower. (a)aU rents received by Borrower shall be heiG by Borrowar as trust89 tor - �' ~
<br /> . '7'.':F:!:�p_
<br /> F'
<br />_ , � beneCd of Lender ony, to be appGed to the sums secu�ed by M8 Security (nstrum�nt; (b)Lender shaD be enta�d to eouect end �
<br /> ��' �;. " receive aA of the rents ot Me Pmaerty; and (c� eacl�tenant ot tl+e Property shau pay aU renis dua and unpal0 to I.ender or � ',����.°" ;
<br /> _ � . � 4'9@l��
<br />=• . Lende�s agent on Lenders written Qemana to the tenant :;,, __
<br /> F ` ° Borrower has not exeCUted any prlor assignment ot tha rents end has not and will not pertorm eny ect Mat woutd prevent =;;�.,_:.
<br /> . •..���n��'
<br /> � ' Lender irom arerclsing fts rights under t�is P8ra8teDh t7. . .. .�
<br /> , � � , Lender shail not be requQed to enter upon,take control at ot mau►tain th9 Property betore ar 8fter 91uin9 notic0 0l bre8ch to � -r�_-�--_
<br /> ti Bortower. However.Lander or a jud�iairy appointe0 receNer may do s0 at anY time there is e breach.My app6catW� of rents v
<br /> ShaU not cure or waNe any defauft or invalidate any othet right ar remedy of Lender.This essignment ol rents of the Properiy . i•�?,:�-
<br /> � � shell tetma�BtA when the debt SeCU�ed by the SeCUrity Instrument is pald N fu�. • „ :���'
<br /> .__ i.a*-.
<br /> � � ,� 18. Foreclosure Procedure. If Lender �equires immedtate payment in tull under Peragrapb 9, � . ��� __
<br /> --�� �:� � - �� I.ender may invoke the power of sate and any other remedtes permtt�ed by appitcabte faw. _r.;=_r-=-
<br /> � ^ Lender shatl 6e entitted to coltect all expenses incuned In pursuing the remedies provided in � . � ��`.,f_���;_
<br /> . �";. this Paragreph 18, i�cludMg, but no! lim(ted to, reasonabte attorneys' tees and costa �ai ti41e '; .;.,�:;.-
<br /> � .. .. . .�� evidence. .'r, � : ;�-�
<br /> If tP�e power oi sale is Invok�d, Trustee ahall record a nottce of detault in each county in __ _
<br /> , whtch any part of t�e� Property is located and shall mail copies nt such notice i� the manner ;,��
<br /> ' prescribed by eppiica�te law t o Borrower an� t o t h e o t h e r p e r s o�+s�r e s c�i b e d b y a p p i i c a�t e t a w. �,;�.;, .; '..°�
<br /> � : � A9ter the Ume required by applicabte taw,Trustee shail give publie r�otiae o! sate to the pe�sons -
<br /> � •-: and In the manner prescribed by app!lcable taw. Truatee, without demartd on Bonower,ehatl sell . ,
<br />- � •:,� 4he Properry at pubtie suetion to the hlghest bidder at tha llme and ptace and under the terms ., : : -
<br /> � � designated in the no�ce of sale in one or more parceta end in any order Trusiee determinea . , '.'
<br /> � Trustee may postporte sate of all or any parcel ot the Property by publdc announcement at the � �
<br /> • � • ttme aam place o! any previousty scheduled sate. Lender or its designee may purchase the . .
<br /> . � Prop��at any sale. , � ..
<br /> � Upon receip4 of payment of the price b18, Trustee shall deliver to the purchaser Trustee's
<br />- ._ „ deed conveying the Property.The recitals in the Trustee's deed shall be prim�facie evidence of �
<br /> the truth of the amtements made therein. Trustee shall eppty the proceeds of the sate in the �
<br /> ��� toltowiog order: (e) to all costs and expenses of exerclsing the power of sete, and tha eate, ,
<br /> � • inctuding the payment o!the Trustee'a tees aotuaity Incurred, not to exceed 3 °� . .
<br /> � of the principal amount of the note at the Ume ot the dectaratton of defaaitt. and reas�nable . �
<br /> • � . attorneys' tees as permitted by law; (b) to all sums secured by this Securlty Instrument; and (c) ; .
<br /> -�� , any excess 4o the person or persons legalfy entiUed to i4.
<br /> � � If the Lender's interest in thls Security Instrument is held by the Secret�ry and the Sec�elary .
<br /> . � � �. requlres Immediate peyment in tull under Paragraph 9, the Secretary may invoke the nonjudtcial . � �
<br /> power of sale provided In the Singte Femify Mortgage Foreclosure Act o4 1994 (°Act'� (12 U.S.C. .
<br /> 3751 eJt sgq.) by requesting a toreclosu�e commissioner designated under the Ac4 to eommence �
<br /> � � " Toreclosure and to s�p the Prope�ty as proviaed in the Act. Mothing in 4he preceding sentence . .
<br /> '�t shail deprive the Secretary of any rlghts otherwlse available to e Lender under this Paragraph 18
<br /> � or appiicabte law. '
<br /> � 19. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br /> • ' reconvey the Property and shail surrender this Security Instrument e�d all notetl evidencing debt secured by ihis SeCUrity I .
<br /> Inswment to Trustee. Trusiee shal►reconvey ihe ProDeKY wdhout wartanty and wrthout eharge to tne person or persons legally
<br /> ; , , � entitted to it.Such person or persons shaU pay any recordation costs.
<br /> j : .
<br /> � F5813.LMa(Bf9)1 Cago 6 0l S . - .
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<br /> . e.' 696 .
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