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<br /> conffkts w$h ep?IicabEa Iaw,suah contCet sha7 not aftsct othar provislons af th� Socur'ity is�strument or tho Note wP��h can be , �
<br /> gk�w� e�tect w�hout tha cont�icthp provision.To tAb end ths D�ions oi[hi��ecuraY in3fsw�ni ond tta Y.�:.a s��rad!c � � ---= _- ,--
<br /> s b9 SOVeteDfs. . � '. ,
<br /> 15. BarroYVar'a Copy. Bortowet sh80 be qlv�on9.oatomted Copy Of the Note end ot thfs SeCUray MSWment ' �.
<br /> '`,:
<br /> 16. Hazardoua �ubstances. eorrower sha�rtot Cause or p�m� the presence,use, dlsposal. storago,or re�se of � •
<br /> any Hamrdous SuEsmnces on or tn the Pro�erty. 8orrow�r shaA not do, nor aL'ow anyone eL�e to do, anytlNng afteetin8 the • ,. t=
<br /> � PropzRy that is in viotaUon ot any Emironrt�sr►ta►Law. The precedlnp two sentences sl�aU not eDPH to the presenee. use. or :
<br /> storag9 on the Ptoperty of smaD quant$les o! Hamrdous Sbbstances thet are gensra9Y reccOnized to be approprlW to nprtr�al E
<br /> • � residenttal uses and to ma6�tenanee Of tne Properiy. � -
<br /> Botrower shan promptry gHe Lender wrt'ttsn notfce of any invest�patlon, ctatrn, dertsars0, lavrsuft or other aCUon by any � '
<br /> invoivfn the Property and eny He.�rdous Stibsmncs or Environmenffii Law of } ' - -
<br />• , pOVemmsnffiI or reputatory apency or privata petty 9 ,
<br /> which Borcower has ac4uai knowledpe. 1! Borrower leams, or is not�fed by any govemmental or reyulaWry authort'ty. lhat any , .
<br /> � removat or other rertiedlation of any Hazardoua Subst�sces aftecth9 the Proparty is necesssry, Borrowcs sAau promptry ta�Ce a0 � .
<br /> �I nece�a►y remedlal 8ctions in aocordance wRh Lnvtronmentel Law.
<br /> 1 As used h this para�aph 16,'Hezardoua S1,bsffinces'are those substanc�s defied as toxic ot ha�rdous substences bY �:..yr� .
<br /> � EmironmenffiI Law end the toltowina substanses: gasodns. keroaene, oth� ftammabla or toxfa ps4roteum products, toxte : .
<br /> , 1 . ..
<br /> pesHcides anE hefi�icides.votat0e sob�ents.materials contahhy asbestos or tom�atdehyde,and radbactive rt�tertais.As used in ,
<br /> � the psrayrapA 16.'EmYOnmentai law' means isdmal laws end laws of the juriSdtCtion where Ne ProPeRY is tocated th8t ratate ! ! . t.
<br /> ; to heaRh.safery or envkonmental protectbn. � . ""'�
<br /> :t:�. -
<br /> i NOIU-UNIFORM CdUET1ANTS.Borrower end Lender tuRhet tovenent end estee 88 f01(ows: t '.'� • _
<br /> �. `,:
<br /> :..:;r.;. .
<br /> ! 17.AEa1g111riCitt 01 RCIItl1. Bortower uncond3lonaQy ass�ns and uansfers to Lender ell the reftts and revenues of the .;��s>;f,f• .
<br /> `+ ,:.... �. : . ;_
<br /> Prpperty.@ortower euthothes Lend6t or Lent�s egents to ColteCt the r�►ffi end Bvenues end hereby direCt3 eaCh tettant Of the .•�.��; ; ' • •
<br /> . FropsRy to pay tlta rents to Lender or L...�s apents. However, Driot to Lende�s notks to BOrrower o!Borrow6fs braach of ':��.,.•. : r'-•
<br /> ' !, eny covenant or apraern8nt h ths Secur�ll Instrument.Earcowet sha9 Coifect snd rtxelvo aD rents and revanue3 ot tho PropertY ,� ��:;�J= . . _ '.
<br /> ,. "..�;�«. . ';,i
<br /> �;�'��-�<<
<br /> as trustee tor the bertef3 or Lander and Bortowar. T�'s assignment of rents const�utes en aDsotute assignmeet end not an ,,,,:^y,, ; �,
<br /> ., , `:',.,._�._..
<br /> asslynment tor addRbnal securRSr cnN• '`ti:r��' �`' ..�,�.:
<br /> If Lsnd�pNe3 notice ot 4reacA to Bareower. (a)a�renls recehred by BoROwer sha8 be held by Bortower as trustee fat �_i:
<br /> � �enefit of l.�der only,to be apptied to the sums sec�i by the Secu�lyr InsUumenk(D)Lender shaB be enikted to co@ect and :: :�..' • . ;;'..�,y�.•:
<br /> recelve a[1 of the rer►ts of the PropeRy; end (c)eacti ts�ant of the P�roperty shall pay a8 rents due and unpaid to Lender ar � %` •:,.
<br /> Lende�s agent on I.endei's wrkien dert�and to the tenar•t. � ���'k`:� ` r '
<br /> . :',:',1�} i
<br /> 8otrc�w�r has not e�aecuted eny prbr assipnment ot the rents and has not end w01 not peAOrm any act that woub p�evw�t ;, .,, ,.:�� `, •
<br /> • : Lensi�fran c-orelCtshB R5 rig0ts unQer this�alggr8ph 17. '� . .
<br /> �-, Len3�r SRaU not be required to enter v�on.take cort4rol of or mahtah the Propwly betore or atbr�vinC notics of brwch to ;;� ' w'. �
<br /> Bo�rower. Hawa.�er,Lender or a JudiciaUY eADotnted recetver may do so at anY time tfiare ts a breach. MY eaPQcaUon o�renTS ,� ,
<br /> !.�`f%�'.., � M3. }
<br /> s►�aD no!eure or walve enq ciefauR or hvatidate any other ripht or rertiedy of LenGer.TP►IS asst�ment of renis ct�rr�Property ;. .n>:; ,
<br /> e rerte �'��
<br /> i� 1 K
<br /> � eha0 termhata when ihe debt secured by the 8eCUr�y Ins7ument is DaW in futL ;;r�<� ,`� ' =1c
<br /> - 18. F�rectaaure Proeedure. It Lender �equtrea immediate payment in tull undeP PaceQraph 9, ',�,,::. �" f
<br /> � Lender may invoke the power of sale and any other rcmedles permitted by appitca�l� law. ;�°`-��� '�€' '_
<br /> � Lendar shell be entit�ed to cottect a l l expens� incvrr e d i n p u r a u i n� t h e r e m e d l e s p r e�r i d e� I n �.,�,,. . �' '�
<br /> thfa ParaQraph 18, Includinq, but not limited to. �easond�le attorneyo' 4ees and costs ot tlUe �,� ,�;�
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<br /> evtQenee. 'x=''''�`- �;a;.�r.�
<br />� Ii the power of sate ts invaked, Trustee shatl record e notice of detautt in each county In • .
<br /> whlch any part of the Property ta loceted and shall mall coptes of �uch r��`�ice in the manner � , �:
<br /> presaeibed bY apPlicable law to 8arrower end to the other peraofls prescribed bY apPitcable law. `.��4,�;�:;�°. ��
<br /> � After tt�e tlme required by e�pilcable taw, Q�ustee shatl pive pu�i.� notice of aale 3o the persons ���ti+'{;..;.;:� _
<br /> shail sell `�>,�.,� - '._
<br /> and In the manner prescribed by appllcable law.Truotee, wlthout tfemand on Borrower, ,.--,�,.°_:_
<br /> tt�e Pro�rrty et pub!!c auctton t� ttee M�heat btddler a4 the tlrrte end place and under the teems _ .���
<br /> desi�na4.��! In the nottee ot aa;e In one or neore parcela and in any order Truatee datermines. � �:_;�.r_,_
<br /> � Trustee may postpone sale oi a71 or any percel of the Property by pubilc anneuncement at the �__ . . � "°�'s` ;_
<br /> � tlrne end ptace of eny prevtausiy schEduledi eplo. Lender or tto deotgnee may gru�cha�e the ,._��,,. .. ;, �. -
<br /> Property at any a�te. �__��
<br /> � ti{ Upo� �ecetpt ot paymer�4 �8 the price bid, Truatee �iwli detiver 4� th0 �urcha�r Truc�teo'a .
<br /> ; deed conveyiep the Property. Tt� recitals in the TrusYee'a deat� sha�� be prims tecle evidence of ;::;;;t,,
<br /> � � the truth of the statemeMs rr4e�e thereln. Trustee shatl a�ply tho procee�:a of tA�e aate In the ;
<br /> toltowin� order: (a) to all costs ared e�enses of exerciain�I 9fh� power o4 sale, and the aale,
<br /> includinp the pt�ment of the Trustoe's fees ectuelty Incurred, �aZ to exceed 3 °� '�':t. ,
<br /> .. of the prlrtcipsi amount of tt4e note at the Ume �4 the dectaratlon of detmuit� and reasonabfe �•��'',�'� • �
<br /> attorneys'ff�es es permitte� ta�y Oa�nr; (b) to all sums secured by thas Securit� UnaVument; and (c)
<br /> � any exeess ta the paraon or peraons tesaity ent�tte� 4o It ' :
<br /> . , If the Lender's i�eterest In thls 3acurity Inatrument la held by the Seeretery andD 4he Secretery �� .�,
<br /> i requires immediate psyment in tull uns9er Para�reph 9.the Secretery may Invake the �onJudtclai , �;
<br /> pawer of aate provlded in tha Sfn�te Femlly illiortya�e Forecloaure Act of 1994 ('Act� (1� U.S.C. . _.._
<br /> .�;; 3751 ��.) by requeatin� a tarecloaure commisstaner 8eal�nated under the Act to commertce ; . �r
<br /> toreciosure and to sell the Property es provtded in the Act Nothin� In the precedinp aentence � .
<br /> � r�S�all deprQve the Secretary of eny rlphts athervulae evaileble to e Lender under this Parngraph 18 ' � .
<br /> � or applicable lav�. � � f
<br /> 19. REeonveyance. Upon payment of all sums secured by this Securityr tnsttument. �enaer ansn request Trus�ee to � �
<br /> � recorrvay tNa ProAertY a�d shaU surtonder this Security Instrume+it end al! noted evldencing debi secured by this Secur4y � _
<br /> tnstrument to Trustee.Tnistee shail reconvey the Property wBhout warranty end wRhout charqo to the person or parsons legally � ' '
<br /> entRted to t4 Such person or persons shd�pay any recoMetton costs. >
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