|
. . , . . ,, . • . _. _
<br /> . ' _ ..a�.. . .. ' a , �. . . � . . . . .� . _ . i � �4f�..
<br /> � ,3 ... � . . -_
<br /> � canf�Cts wRh applaceb(o faw.euch coni6ct s�a➢not aHsct ather provtsfcns ot thts Saeurity Instrumant or tha Note whioh can be � �� _
<br /> � ghran eNect w0hout the conftkthg provLston_ To thb end the provlstan8 of tRis SewtRy Instrumen!end the IVota ere declered to � � '4, �<�
<br /> ' ba sevet8ble. y ; ' . . � ,�
<br /> � ; � � , ..
<br /> ' 95. BOt1'OW@T'� C,mpy. 8ortowor shaD be given ono caniormed copy of the Note and of this Seauiry Insuument '�-
<br /> � : • • �.
<br /> � 16. }d8Y8PdOU+B Stab81�1Ce8, Borrow'sr Shaq not caus9 Or p�mft the presence,use, dispasal, StoraQe,or reaase of � ; , � � _
<br /> • � any He�rdous Subs�n�s on or In tA�Prop^,rty. 8orrorrer shaU not do. nor af:ow&nyone olao to do, enytt►ing afs'aetin8 the � , _
<br /> Propsrty that I� in v;otntbn of any EnvYonmentsll Larr. Tho precedinp tv+o sen4ences shall not apPy to the P�essnce. uso. or � .
<br /> • j storaga on trtr�Prop�ty o4 s�ati quantftfes of He�ardous Substanees that are g�e�y�eco8�i� to be appropr�e to nortnal � 4E � °
<br /> - 3 rastdentiai uses end to matntensnce o?the Properry. � [• , ..
<br /> ___? Borcower shaA promplly glve l.ender wrtlten noUce ot any fnvesttyaUon, elaYr►, dsmand. IawsuB ar other action by any � . _ ^ `
<br /> , 1 qovemmentel or reyuiatory ayency or prlvate party�n+rohrh�the Property end any Ha�ardous Substance or Emironmantal Law ot , _
<br /> �� whtci� Bortower has acsuni knovrtedga. If Bortower laams, ot is noYrftad by any govemmental or reguiatory authart'ty, that er►y � .
<br /> removsl or other rert�edlaBon ot any kt3zazdous�bstances aifecUng tde Property is necessary. Borrower shatl prompUy take ell
<br /> i naces..°ary r�nedia�t actTans dn accordance w�t�Environm:nffit Lsw. - ,;,;-
<br /> ' '. As used In this parasraah 96,•Hazardaus Substances'ere those subs�ncss deftned as toxlc or hersrdous substencas by ,
<br /> • ? Environmental Law and the fo¢owinp subsffinc�s: gasoifie, kerosene, other Psmmabte or to�dc petroieum products, toxtc _�."�`
<br /> _ � : ` .
<br /> � pestiCidas and herbbfdas.valitQo sohront8. mQ+.�r�b;antainhp asbestos or farma�'rJsie,and radioacWe materials. As used b �*`• , .. _
<br /> , the peregraph t6. `EnvYOnmwitnl!xw'm6sns te��i taws and taars of the JurfsdSa:a:� ahere L�a Property is bcated that retate }� , . ,. -"�. -_u
<br /> • . , to heaUh.safeh or emrlronmentai proter!;� �. ` • '"T'-'_
<br /> � NON-UNiFOF�N COYENfAN9'S.BOrroNar fl:.;:i'.�tuRher covenant and ayree as follflws: l, �• --=-..
<br /> c
<br /> 17.Asstgr�ment ot Renis. e.�r���r���TOnalry assigns and Uans`:s t�Lender all the rents and revenues oi the {Y`' '.V''�,a
<br /> + �':��x; . �`*' -
<br /> Property.Borrower authorims l�rtder ec��s w,�e+ic w calS�ct:.`.a rents and rrovvenues end hereby directs each tenant o!tho ' i�u_ .. -
<br /> 8fl ,}�,/
<br /> Property to pny the r�ts to Lender o~i.�:er's age�nis. Howeves,�to Lenders notke to �'i-✓,-�wer ot Bormwar's breaeh ot '��� � ' ��� �
<br /> ��� :T •
<br /> - any covenent or aQreement In the Sezsr�v hs�^:e-s�� Hotrower s^+� caAect end recelve aA rents and reuenues of the PropeRp ;,��' , • ��.. � ,-'•j'�`..�'`•
<br /> ���t .J��r.
<br /> as bustee tor the benet� �t Lender n:.4 n:,:�.�e�. "�is asst�ment of rents e�..M3utes en absoiute nssi�rtsent end not a� �`,,.,' rry`��':-- ,.
<br /> � essiQnment for addftional secur�ty onty. �'� ' ��
<br /> '��;;s---
<br /> � If Lender ytvas nottce ol bretch to Borrowee_;aJ sU rents recelved by Borroxrer shtUl be held by Horrower as dustes fqr , ��
<br /> bonefit o!Lender only, to bo applied to tt�s sum3 58CUred by tha Secuur9y Insttumenk(b)Lender shall Oe ent�ted to co(tect r�:d . . • �'.
<br /> ec ,�l , .
<br /> • receHe aU o}the rents of t�e Prop�rty;and (c) each tenant of L��o Property shaD paq aN renx dua and unpatd to Lertder or ,.. . � ,{' •
<br /> � ,` Lendars apent on Landera wrtten dernend to the br.a.�L ��
<br /> � r and has not an:.w:B not erfarm en act��would prevent '•.;``� `;`�•
<br /> 8 o r ro w a r h a s n o t e x e c u l 4 d o n y p t t o r 8 s s i�.r:.�:a.M e r e m s P Y
<br /> � Lender from e�cerCishy ks�iDhts und6r th�PB�a�i!�^.�. A°"� .'� �,..
<br /> -�•.'! � .f.j .
<br /> l��?r sha0 not 6e reauted to enter upon,ts.ta��ntrol o!or�a:rn�tn the P:s�atff betore or after pktnp notice of breach� - ��ry°� ,
<br /> . ` �.::.
<br /> Barrox� Howavar.Lendar u a ju8tci�'lyr apDohtad cecahier may do so at any t:�^�e there b a breash.My apP�Uon of r�2s ';�:.t � r.:.���
<br /> � shall not cura or wa�ro r�ry OetauH or 6�vaUdate any other ripht or remedy of L�c�r.Thls assiynmes�t of rents of the PropeRy ' -- •
<br /> shaU Wm:h�te when�`�e�abl aecursd BY th�Sec�:rsQY Instrument lo Pald b fu0. 6. +�"
<br /> Q
<br />� - r re olres tmrttedla4e ent In tuil undar ParaQreph 9� ��
<br /> 18. ForeeEowre Procedu� if Lsnde q P� `""; , � �''�" �:�
<br /> Lender may imroko the p¢�r mf aale and any other remedtea permttted by appilcal�le law. .��' �"� _
<br /> Lender ai�ati be entitled to c.''�a;.lect all expenses incurred in pvr�uin� the �emedles provtded tn r � '�,
<br /> �. F��� �R�.
<br /> � t h is Rara�r�� 1 S. Inc la d inp, bu t n o t U m i t e d t v, r e a a o n a bl e a t t orna y o' fees and costs ot title ��.,,X,. :�� -
<br /> .:�.�.�,:��
<br /> evldence.
<br /> ff the power o! sate is C�evoiced, Tnrstee shall record a nottce o! deteult tn ea�t7 county in ',;Y,,:_; _ �-. �
<br /> � �rsrhtch sny pa�t ot 4he Pr�c-:r� is located end sthall m�ll coples of such notice In the man�eer f � � �'.,
<br /> an to the other aaon� rescribed b a ticab�e l�c�. � �_ V�� �':`�'t:�'f+;%T.,.
<br /> �`�.�' preac�ad bY a{aPltcable (��a Borrower d P P Bt PP �
<br /> After the tlme re�t� �y a�ppllc�bYa lacr, Yne�tee�P�ali ghro public notice ot aale to the peraons °�- -�''.�`��`'"
<br /> and ln the maum�s�p�ea��os7 by �pplicabte law. Truatee, wtthout demsnd on Borrower,shail setl �_ . "�+�--��
<br /> � thv Proparty at pubfio suctlon to the hipheat bidder st th� time end pta�e end undor thg termo �� � �.._' :.� •_-.
<br /> "._.v:.::�:��,.. ,: ,
<br /> ��ir�; detl�neted in tho noUce ¢� cale In one or mora parcets and in any order Trustee determinea . .:r.;.���-=_�_
<br /> :;��t�'_^ Truatee may postpoa�e sa:e e3 W or any parcel ot tha P►operty by pu�ltc annotincesner�t at the '��'i"���
<br /> �:��; t�me and ptaco ot �ny prevlously scheduled aale. Lender or tb desl�neo may purchsso the :�r ��w'�•�� �.��
<br /> � Propepty at any sale. ' �
<br />� llpon receipt of p�ymen4 0� the �c[ca b1d. Tru�tee shall deltver to the pur�t�c Yruc4ee'o , . :
<br />:`:.:;:� deed eonveyin� the Properly. The reciia�s In the Teustee's deed shatl be prlma tacla evidence oi -
<br /> '��;"�`���� the frutA o! the a4atemen� mede theretn. Trust�� shail appty the praceeda of the aale In 4�he � :'�.n,.
<br /> ��.'�?��"r' tollowin� order: (s) to af0 r:os�1� and expenses of exerci�lnp the power ot aele, end the aale, _
<br /> : incfudiny the peyment o�td�a Truatee'a tees actuairy IncuRe9, not to exceed 3 % , .
<br />� ���� of th� princip�l amounE o8 the note at the tlme ot the dectaration ot default, end r�asonable .� . . . __
<br /> .::;' att�rnoya' tees as perm6ftad �y taw; (b)to all sums secured by fhia SecarEty Inserument; end (e) �•.
<br /> �'`� any exceaa to the peran ar �ersona IeSsiiy entttled to IL " "�°�` " �
<br />-_.�if;•�:7 .
<br /> .. . ti the 4�ender's interest in thls SecuPity Instroment ls held by tl�e Secretery and tho Secretary _ _ �
<br /> requires Immedlate p�yment in tull urrcter Para�r�ph 9, the Seczet�ry may tnvoke the nonjudtctal .
<br /> power ot sate pravided In the Sinpte Family Ma��e Foreclawre Act of 1994 ('Act') (1� U.S.C. . "
<br /> 3751 gt�Q.) by rsque�!lJn� a toreefosure commisdoner deslsnated urtder the A�t to commertce - .
<br />• torect�saire nnd to sell fhe Property r�s provlded In the Act Nothir�p in the precedie� aantonco �,
<br /> ' . � ; ahall deprive the Se�retsry of any rlph4s otP�2e�rita avnila�le to o Lender under Unlo�arograph 10 . ,
<br /> � or eppitcafiYe lew. � . .
<br /> • � 19. R8COT1YEj/�RCe. Upon peyment o!a0 sums secured by thfs Security InsWment, Lendar ahall roquost Trustee to . � • _
<br /> � recorney the Props+ty �71d 6hY9 EUrt6�tOM thil SlCUflfy Instrument �nd aN noted ev(Qe�chp debt seeured by tnis Securlty � . �
<br /> � Mstrumer►t to Trust69.Trustee Shal recomrsy the PropeRy wRhout warranry end wGhout cherpe to the person or persons tepa►ty � •
<br /> ' ent8ied to N.SuCfo Oarson or persona aAaB pay any recordatbn co�ts. � • . . �
<br /> � � •
<br /> � .
<br /> � F58tAL1UU(BlC81 PtO�1 of S �
<br /> �
<br /> _ 'i � "- --"----.--�-
<br /> . � � •
<br /> . . 419 �.... _ . — �;'
<br /> � '' ' . , .. . � . .. '� - _ . , � . . , � - . , y.�. �i � • � ` ' _ _j' ' ,4-� —
<br /> � � . � . • • ' . .. - . . . .. � . . .;�i: ''� —
<br /> - . • ' . .• ' ' � � . ' ' ' II �' . .
<br /> u.
<br /> .� . .�. `- ' .. ' a' '•. ... . •, .
<br /> . . . . � ,•
<br /> .. �• �4 ' . . .. . . 1 . . _ �. . . � . .._ . .. . . t. .. _ , �.. . . . .
<br />
|