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<br /> , � �, � �� 13. Lvaticea Atry notioe to BoI-.�aer pmvlded for in ttus SECUrity IaSUUment s�.e glvea by detivenng it or hy mai7tag �:`. .. 'f •Y .
<br /> � it by first class maii ual�s apglirable I a a r r e q u i r e a use o f ano t h e r m e t h o d. 1 i�c n o t i c e s h a l l b e d i r e�c u e d w the Pra p e r t y Addmss � -. � . , .
<br /> � or aay ather acWres�Borrower desigaates hY aotioe to Le�ade�AnY notice m I.eader shall be given by fust dasg ma�1 to `
<br /> ` I,Ender's address state�herein or a�r adstress i�ender desig�ates by n�ttoe tn Boscower.AnY notioe Provid�d for in this Sec�uiry � , .
<br /> I�trument ahall be deemed to have been�ven to Boriower ar Leader whea givven as p:avIded in ttus patagraPh- i <z
<br /> en
<br /> 1Q. Govern�ng Law;SgreraDfltt�r• 'I�is S��riry Iaguument shall be goveme�by federal law atld the!aw of the � ` .� <
<br /> ; jurisdicc�nn ta wbich cl�Prapeny i�lacated. In tbe event that aay pravision or clause of this SBCUrIry Iasuument or the No�e . ' ;
<br /> � ooaflicts alth a p p�bls taw,such oonfltct shall aot affe�.�t other pta�vtsions of tMs Ses�uicy Insut�ntem or th.e.e lYate which eaa : � '
<br /> , ' be givca e�est aitbnut the aoaflictiag pmviaioa To Ws end th�provisioas of this S e c u r l t y I n s t n u a e n t a n d t h e N n t e a t e f ,., ;, {�
<br /> • declared to be seveiable. ' �
<br /> � iS. Bonativ¢r's Copy. Bosmwer shall be g�ven one wnformed aopy of the Note aad of this SecusIry Bosuument . . .
<br /> . ' 16. Uazerdous Sabs�. 8nrrower shaII.not cause or permi[the p�sence.use.disposal.swisge.or release of any ��` : . . `.
<br /> � �� •_. .,.,, An,Fa�,�Substanoes oa or in the Pmpercy. Bonowrer stnall cot do,nor allaw a�one etse co do,aaYthinB a�nS�he ` � ` `.. .�-
<br /> - �—
<br /> . . propeny that is ia vfolatton of aay Emironmental Law The gre�zding nw sentences shari not appry��P��rlat�w . _� , - �
<br /> , � ar storage an ttie Ptoperty of small quantitics of Ha7ardous Substanoes tLat are genetaII�►�a� PP�P ,
<br /> � � anrmal residential uses and tn mainteaanae of ths Progerty. : .' ,. 4. �.
<br /> : Bosrowcr shall P�mPUY 8►�'e�er writtea nattne of azry imrestipt[oa,claim.demand,iawsuii or othet acxion by a�+ ' _
<br /> govemmental or iegulatos�+agens.Y or private party htvolvIag the Property aud aay Ha�dous Substanoe or Emriromnenml . - . ;
<br /> • Iaw of which Bormwer has actual�nowledg� If Bormwer leams.or ts notifed bY�Y B��tal os re�ilatory authoriiY. .
<br /> that airy removal or other temediatton of any Hazardous Substan+oes a�InB the Ptopetcy is neacssaiY,Bornaw�s1�aII .. `,.". ._.<
<br /> � pmmPtLy take sD neoes`,a�Y remedisl acttnns in atxordanoe aritb Envitomaental Law : P.';:`:,E
<br /> As used in this pataB�aPh lb.°Ha�aNaus Subsmnces"are thflse subsu�n�s defined as t�c or ha�doua substanoES by . '•:,'-�_
<br /> ' Emhoamental Iaw and ttie following substaaa�: g�solfae.I�osene.other flammabie or t�ic peuoleum pmduqs,ta�dc , '�.:.,>:"�;`,�
<br /> . , pesdddes eatl ft�rbicides.volatIIe solvenis.mau�tials oontalning aslsesws ar bormaIdehYde.aM ras�Oactive materlaL�. � . ,'•' .; -
<br /> . in tWs gara�aph 26."Emrtronmental Ia�'meaas federal laws and laws of the jurisdictInn where tbe PtoPerry . ,,._,_.: . , .
<br /> � ' . • relate to health,safety or envuamnental Prote�on ...-- ,=-�
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<br /> � NON-ZJNIFORM CO`/ErT.4NT5. Bomawer aad Iendcr futtiaer aoveaaat and agrce as follaws: ` ;.�.,.��-
<br /> . 17. Ass�meat ot Remss. Borrawcr uacandi�onaIIy assigas aa�1 uaasfeis w Icader e11 the reats and revenues of tUe - _ : ,,�,�:__
<br /> • Propercy. Borrawet authozb.es Le�tder or Lender's agents w wUea the rents and revenues aud 1�ereb9 directs each tena�t . , . '��_�_
<br /> of tde Properry to pay tLe rents to Lender or Icader's agents. Hawever,Pri°'T to I.endet's norioe w Borrower of Bonowe�s �-�:
<br /> .. �, `,r�
<br /> � �.. breach af aay cavenant or agreement in tbe Security Instrument,Bnrrawer sl�all�Itect and receive all rents and revenues ,
<br /> ° of tUe Pmperty as trustee for the benefit oi I.�nder and Bosmwe� This assignment of rents coastituteg an absolute :a`��e�:-.�.
<br /> • •�:.�__
<br /> � dssign�aent and not aa essigameat for additional secutlty oniy. `��
<br />, ` � Yf Lender g►ves nodce oP breach to Borrawer:(a)all rents reccived by�orrower shall be held bq Horrawer as uustee for , .` ':.:.'°'`-:�-
<br /> . , :�� pP Lcsder ahaU be entitled w oollect � �.. .. �•�F�-
<br /> beacfii oY I.eader only,to be a lied tn the sums secured bq the Securiry Iasuiu�t;(b�renis due and unpafd w L,eader ..�J,�_�
<br /> and reoeive all of the rents of the Prog�y:aad(c)each unsnt of the PraP�Y P Y • ��; �.
<br /> � � ; or I�easiet's agent on Lende�s written demand to the tenan� : ` �� ;'��"`.
<br /> � . Bosrower Aas not executed a�►prior assi�nt of the rents aad has aat and wN not etform aay act that arouid prevent � �' '�"�''�_
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<br /> ' L,ender from eaerdsing its rlghts undet tbig Parzs�caph 17. ' ••—'';;
<br /> •• � Lender shall not be required to enter upon,take canuol af ar maintaia the Property before or after giviag notice af . , �;-;:�.;,�:r
<br /> � breach to Borrower. Hawever,Lsnder or a judidally appointed ceceivcr may Qn so at a�r time there�S a bzeach. A� � .`�.� ';!''g�:
<br /> � , . apPlicatinn of renta shaD ant cure or waive a�r default or iuvali�ate aay other rIght or nmedy of Lendei. 't]�is assignme�¢ .'�.,.,,;�:.,;r;�__
<br /> • � : of rents of the Praperty shall tcrminate when the debt secured by the Sea�riry Insuument is paid itt flilL . v.'x,��-
<br /> � 18. Fozectosare Pmce4�e. If Iender�luitea immediaue payment in full under paragraph 9,Lendet may invoke the ^:...1�-
<br /> ;z.��
<br /> .. . pawer of sate and aay other remedies permitted by applicable law. L.ender shall be entitted to callect sIl expenses lacurred .. �.��d'_,.
<br /> , In pussuiag the remedies provided ia this paragraph 18,including,but aot limited w.reasonabts attomeys'fees and onsta of � .�4�;
<br /> :�s-a
<br /> titte evidenc�. .
<br /> . . IP the power af sale ts Iawlced.Trustee shall re<aord a norIoe of defautt in each county in which a�►part of the�'topeny . ,`�='..,ry.
<br /> '` ' is locatcd and s1�11 ma7 wpiea of such notioe in the manner preacri6ed hy applicable law to Borrower and to the other . . `�
<br /> '''.�. : : peTBOAS p�ess�tbed by SpptIcable law. AfIeT thC time[equficed by Spplic8ble 1aw,Trustee.shall Sh'e Pub�c notIce of sale to ' . . _ _
<br />: ,,. ' � the pezsoag and iu the manner pr�critsed by applicable law. Tivstee,without demand on Barmwer,shaU seD the Propert9 . . '��:,:,
<br />;'.• . at publlc auction to the highest bidder at the dme aad D1aoe and�ehe terms desi�ated ia the�°°�oe oi sale U�one or . .
<br /> , more parcels and in suy ordcr Trustee detesmines. Truatee may postpone sale of all or a�r paroel of the Properry by public ; y„� � _,.,
<br /> ' � announcemeat at the time aad ptace of aay previous3y scbeduted sale. Lendcr or its desigaee may putchase the Property at .
<br /> ... ; � ;. . ..: �(�; ., •
<br /> ' ` �Upon receJpt of payment ot tde prioe bid,Trustee shall deliver to the purchaser Truatee's dee4 wmey�ag the Property. " - .• ' ' .
<br /> . � The recltals Ia the Trustee's deed shall be pthna facle evidenoe of the uuth af the statements made thereln. Trustee shall . , .
<br />,'1.; . s aPP�Y�Praoeeds of the saIe in the follnwing order.(a)w all aosm and expenses oP eaercls�ng the power of sale.aad the saIe,
<br /> ,{;': •' � . including the payment of the Truatee's fees actually incurred.not to exceed � °lo of the prfidpal ,.: ..,, .
<br />-��•� ; amount af the note at the time of the declaraUnn of defaWt,and reasoaable attorneys fees as permitted hy 1aw;(b)to all sums
<br /> � ' secured by this Securlty lastrument;and(c)azry exoess to the person or pe�sons legally enUUed to it. .
<br /> 1 If the 4nder's interest in this Securlty Iagtrumeat la hetd by the Sectetary and the Secretary requires immediate payment . :
<br /> • in full under paragraph 9,the Secretary may iavoke the nonjudiclal pawer of salc provlded in tl�ee S�ngta Fatnily Mortgage •
<br /> • Foreclosure Act ot 1994("Act'�(12 U.S.C.3751 e,t e�by requesting a forestosare wmmissioner deslgnated under the Act ' •
<br /> • to w�mence toreclosure aad to sell the Praperty as pravidcd in the Act. NoWing 1n the preceding sentence shaU deprive .
<br /> � t t$e Secretaty oY any tlghts otherwlse ava�7ablo to a Leader uader this paragraph 18 or appllcable law.
<br /> � • � 19. Reconveyauce.Upon payment oP all sums sectued by thls Se�cvrity Inswment,Leader shaU request Trustce to 4 .
<br /> recoavey the Property and slu�ll surrender tGis Securlry lnstrument aaa all notes evidencing debi secured by this Securtty 4
<br /> � � Insuument to Trustee. Trustee shall reaom�ey the Fcoperty without warranty and wlthout charge to tho person or persons �
<br /> � legally enUtIed to it. Such peison or persons shall pay any reoordation casts.
<br /> ' � 20. SnDsState Trustee. Lead:r.at lts opt9nn,may ftom time to time remave Trustee and appoint a successor trustce �
<br /> • to a�s}r Trustee appainted hereunder by an lnsirument tecorded in the couaty in which this SecurIty Instnimeat ls reonrded.
<br /> i Without corneyrance af the Property,the successor tsu5tee shall succeed to all the d�le.power and duties confened upon the E
<br /> Trustee here3n and by appllrable law. .
<br /> ' � . Zl. Requesf tor Noticea Bonower requests tttat copies of the nodoes of detault�nd sale be aent to BorrawePs address
<br /> wMch is thc Property address. ��
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