:1 __ _ . _ ' ' .. � . _ _ , . . . . . � -S�C<-'' .�-i .S,;.
<br /> -�'- '_ _-_-f__ -__'__._ _- �--' _-___.� -_-_ ____ _ __" __. _._._. _ '
<br /> ,.. �� .. . . . .
<br /> � �c� . � cr�r,�_ i . , . � �. . . . + . ..� .. . ' . . .f�
<br /> . - . �. . .. . -,..,.....�.__.�_. -. .. t . . _ . t`. . � . � . � . . . , . . _ ` �. . . . . _ .. . ._..�.- -Ci, � _ .
<br /> � - � , ` .� ' , ...
<br />. , . , - . � .� .,,...._'.�
<br /> � � . < cenfliCts wiM aDp��cable on��h p��n.fi o this en4`the pro��on8 of t�sn'Secu�r tYf sUu e t a�'d tha 14o e are deC�aredto� �,
<br /> ,� given eNect without the 9 • , `' �
<br /> � � < be severab�- � c '' �..
<br />_ ; .. �� a ��
<br /> 15. B�arower's Copy. Borrower snan be gnren one'tnntom�e�eapY��ha Note and o�tn�s SecurRy rnswment. �� ,�`
<br /> , i 16. p���dOUB 3UbStAnCe�. eorrower she��not causo or permK tno oro�Qnee. uso. auposnb sto n8�• Q�����,, . .
<br /> ,,� 1 gny H878t0ous SubSlBrtCes Qn or in ttte PrOpefty. Bortovror ShBU rtOt do. �Or 4tlOw Anyonci oi��►to Q0. 8nyt 9
<br /> �� property that is in vtotation ot any Envrronmental Law. The prseodwg two �antoncos enatl not apDN to tno prosonce, use, or� �
<br /> ` i e on th9 Prop9rty Of SmBG 4u8ntiNes Ot MprBrdau9 SubstenCe4 M8t 4►0 g9nOtp�t rCCOgnfLOd l0 0o tlDD��P��te t0 �or�Bl� �"
<br /> stor89 ( .
<br /> - ` _„Mt`� � residential uses and t0 maintenenCe oi the PropBrtY. ,
<br /> • . � ..` Borrower ahail promptry 8� �^d� �n not�o of any mvost�t�on. cU�. domanC. �iwaun or otnar nctlon by enY� � ,G.
<br /> - - � ` '. .._ _ 7� Q,x�emmental or t@gul9tory a9ency or prhrats P�Y�vot�in@ tno Proaerty und ur►Y Natardouti 5ubstance ar Ern�onmantsl L&w ot . .
<br /> - -- ctual knawiedge. if BoROwer �ems, or is notifi�0 by at+Y Oa'�r�►+/e► a rc,Qu4ltory aulhority. tttat any �= ' ,
<br /> � I whiCh BOrtowet h8s e , � �-•
<br /> _, � removal or other remediatlon of any Hazardoua Subatances aifeet�ng the Propost��s necossah. 8ortavrer chan promptry tako att .. .
<br /> � ` necessary remedial act�ons a►aecerdance witA EnvUOnmantal Lnw• • _
<br /> h 16.'HSmrdous SubstenCes`ece tt108�Bub6t8nC09 60�a�00 6t8 tO�C 0►hBtIIld0u8 Bub9t8�1CeS by , f, •_
<br /> � � AS u58d in this pasa9reF • . -
<br /> � ' � ' E�vUOnmenffit Lew end the lollowing sub3t8nCe5: gas0�ne. kerOS(tne. ott�o� ��b� ar [Oric p6�0�um prOd�et9. t0�[iC ` . ,.
<br /> pgsticides afld herbiCiQes,volatiie SoNents, materlals acnt8lntn8 asbestos or farme�QOnyQO. and rndioactNe mater4sts. As usod i�
<br /> - � - ' � � tt�e P�9�?n t6. '�vuonmental iew'means feder8l laws en0 I�w9 CI t�0[unsd�Clion w�OrO tAO ProP�Y���tnd tA81 t843t8 ' 'K} ..,(`
<br /> • • ` to health,safety or environmentel protection. , _ �._'
<br /> . :.'q,�..'.�
<br />, _ . . . • y,"_
<br /> � ` � NON-UNIFOfNA COV@NANTS.8orrower and Lender fuRtier covsnant end ogttt9 es t00owu. �__ �
<br /> � ••��.,--
<br /> • . 1T,Asstgnment of Renta eorrower uneo�aaionauy asst�oa o�d aar�srors to u�naer an cne ren�s e�a re�enues o�me . ::,�.
<br /> � _. � Properry.Borrower authorhes Lender or L,ende�s agents to coRec!ttro rents er!d revenue5 and��eDy dUects each ten9nl of the �
<br /> ' ' t property to pay Me rents to Lender or Lenders agents. Hawaver,prtor to Lsnders notice 40 8ortower of Boaowe�s breaCh of :���
<br /> . • ' . • � any covenant or agreement in the Seeurity Instrumenb 8ortower s�al4 co�lect and receke fl�l ronts en0 revenueS of the PropeRy f•�
<br /> _ .. , ,. -.
<br /> ' " as trustee tor Me benefit of Lender end BorrGwer- Th�s aS5lBnment ot rents Conslrtutes an absotute assignment and not an F :.�t.—�,
<br /> .�Y
<br /> • � ��`� assi�nment far addiHortal securiry onry. . .
<br /> � If Lender gives notlCe o1 brBaCh to Bartower. (8)ali rents reCeNed by Bortower ahell be hotd by BarcOw6r 8S tru818e fOr . ,�_�_�.
<br /> '�...:,:.i._
<br /> ' • benefit of LenQer only, to be app��ed to the sums secured by tf�e SeCUrnit tnatrumen�: (b)londer sheH 0A BnUlted t0 CO�teCt en0 � ..�
<br />_; , � ,. end (o)each tenent of the PmpeRy s�a0 pay all �ents Que and unDald to lender or ;�.,��:
<br /> _... . . , ._. reeeNe a�l of the rents ot Me Property: �i"��
<br /> Lender's agent on Lendets written demand to the tenant. �.;,,,,r_
<br />'' ! Borrawer hes not exeCUted enY Prior asslgnment of the rents end has not and wllt not DeAorm onY act that w0ut0 prevent .�F_-�s.=
<br /> � , LenCer ftom exereis�g its rights under this ParBgraph 17.
<br /> .;'r,.�.._
<br /> Lender shall not be required to enter upon,telce eont�ol of or maintatn ti�e PropeAy betore or after gMing notice ot Ore3ch to � '�`�.
<br /> 8ortower. However,Lender or a judicia�ty apPa��d recelver maY do so at any time there is a breaCh. Any eppllcalton o1 rents _�
<br /> shall not cure or waive anY defauR or invalidate any other rtght or remedy ot Lertdar.This assignmonl ol rents ol the PropeRy , :. • ;�.:..
<br /> _.i _ _ � . r _"
<br /> 5ha11 terminate when the debt secured by ihe Security InSUument is peid In b��• � �r?:�
<br /> S��
<br /> - . •�'��i.:
<br /> � 18. Forectosure Procedure. lt Lender requires immediate payment in tutl under P;ab`epb w: r'.. ,,_-=v.
<br />� Lender may invoke the power of sate and aay oEher remedtea pe�mttted by epp • . ,_-��,
<br /> s� � �. �
<br /> � Lender shalt be entitled to coltect atl expenses incurred in purs�ing the rornadtea ptavld�d in �.___
<br /> � thfa Paragraph 18, inctuding, but not tlmited to, reasonable attorneyo' tees and couta ot title .��:;:-.-
<br /> � .,. _�:
<br /> •• evidence. �`� �• ��
<br /> � If the power of sate is invoked, Trustee shall record e noUee ot detault In eaoh eounty tn _ _
<br /> ' � w h l e h a n y p a ri o 4 t i�e Pro pe K y is located and shail ma0 cople� op such notice lo th e�m 1 e f n a�e Y r _ �•�`
<br /> . ; prescribed by eppliceble taw to Borrower and to t he o t her pe r s o n s p r e s c r i b e d b y a p p ' ^��
<br /> _ qfte�t he Urne�es�ired by app�tcabte law, Truatee ahatl give public notice of aaie to the persona ::,. �_}
<br /> � � �, c` � and in tho manner prescNbed �y eppticabte taw.Trustee, without demand on Borrow�r. e h a it �el! .
<br /> • the Property at pubtic aucUon to the highest b1dQe� at the time aa6 place and under the terme
<br /> ': aestgnated tn the noUce of eate in one or c�ore parcels and In�ny bldic ennouoncement et the • �
<br /> � �. �� Trustee may postpone sate o4 atl or any parcel of the Property y p ., .
<br /> .�'•' t�rree and place ot any prevlousty scheduled sale. Lender or Its destgnee may purchaae th� :
<br /> � Property at any sate. '
<br /> :;, � . Upon receipt ot payment of the price bid, Truatee shait deltver to the purcha�er Truateo's
<br /> �' � � " deed conveying the Property. The recltals in the Truatee's deed ehatl be prima tacie evldoneo of
<br /> . � th� truth ot the atatemen4e made n��@��•ensea of exe�cising the power of t3�io hand �tho oalo ':
<br /> `� � foltowing order: (ej to all costa a xp og
<br /> ` % . � � inctuding the payment of the Tru&tee's teea actually Inourred, not to exceed 3 ..
<br /> � ti of the principal amount of the note at the Ume of the declaratton of defautt. ond reusonmblo
<br /> � � ? attorneys' tees as permitted by law; (b)to et! sums cecu�ed 0y thls Security Instrument; and (c) � .
<br /> " , � any excess to the person or persons legatly�ntlUed to it. ,
<br /> It the Lender's interest in this Securlly Instrument ia hetd by the Secretary on� the SecretAry
<br /> ' requires immediate payment in tuli under Paragraph 9, the Secretary may Invoke tho nonJudlclal .
<br /> ` power of sale provided 1� the Single Family Mortgage Forectosure Act of 1894 (°Act°) (1� ID.S•C. � .
<br /> � 37gt e� se,�c.)by requesti�g a torectosure commissloner dosignnted under tho Act to commonco
<br /> ,I .I , shall deurive the Secr'e ttary of eny right o herwise e/nbte to a Lender und�r hlo Paroqroph 18
<br /> `'; � p � .
<br /> .� t or applicabla taw. .
<br /> I 19. Recon�aeyance. Upon peyment af ell sums seCUred by this SeCUrrty Instrument, Lender shall r0Quo51 liustoo to ,.
<br /> ' Instrumont ond all noto0 w�dencmg debt socu�od bv �h�s SCCU�rty
<br /> � ' reGOnvey the PropeNy and shall Surtendet Ihis Security
<br /> ��• � Insttument to T�ustETO. TruStee Sh8i1 reCOnvey Iho PropaAy w�tAOUt warrpnty nna w4hout c„IIrpp to th0 ppi50n or p0�U0n5 IOQ]�N
<br /> ; entdied to d. Suc�person or persons s�alt pav a�y recOCdaUOn cosls. ��
<br /> . � .
<br /> , �
<br /> _ � i
<br /> , ' Ps��O,�5 .
<br /> F Sb+J t MO 1�•98)
<br /> . B�0 ' .
<br /> -a� --,i�-�=-n°'� ..4� �: _:. �'- i•=-��._.ul� 'ti+s.�-�.T-�-a'�F�ry:t=_.°-�:e�:�;a°z;�"':�-� - :.��,�::« �.c�„�,.,��-,�,�.eR,. ,'+�,• " ' ,;' ".,...- -'._:._�... _i,t �` ` ••_.... -
<br /> ._ �..._ � ..• ... . �y,
<br /> . �t• �{ �E, � �`1i, `te 3i �' -i:� i �. .v '��OCav�ara�na.8',�ya�a�m. aws����.��� ,.��a-,.� • .eS�s a:..T+r+f�•� 7..1;�.r ��vi�.i� A�•� tyT(
<br /> �_ �'L'y . .� �a '. <ii� � ��ti-��,is'6.i*.�'+,-�'�{���'� .��.z- -- - e-,.,._i,. ._.sn . . _x,•.-,.,_, . .... __ __.. ..,. _. . .__.., ,_a_ . ___
<br /> . ��+.. _ .._E�" "_ __ ' _ _ ' _. _ _"__ _ - 4
<br />
|