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<br /> ,`� • confGcts wdh appUcabis law, such conaict shaA no!afiect other pm�Lstans of this SecuritY I�suument ot the 1Vate which can be - -
<br /> � � ` �,' � Stven eftect wRhout ths con�g provision.To N(s end ths provisions of thfs Secur3y t�strument snd tt�e Nate are deetared to .,< .t , 1 .
<br /> _� •, be severeble. . .� � k
<br /> ,- , � 15.BOtfOW�i'8 COpy.Barrower shaD be 9�one conformad coDY of the Note end ot thts Sscurity Inswment � : . ,
<br /> E ' � 16. H8z8td0u8 SIi�StBRC@S. Bortower sAall not eause ar pemut the presence�usa disposal.stora9e.or retease of� .. :' � �,
<br /> .�.� , f. �'.
<br /> • � � 'J any Hazardous Substanees on or tn the ProAeRY• Borrowar shao not do,nor eIIow anyone else to do.asytA(ng aNect�n9 the � ,;L;
<br />_ " . ` properiy t�at is � vlofation of eny Emfronm�l taw.TAe poeeeding two sentent�s sha0 not eAPty to Ne presence.u59. or .
<br /> swrage on the Pro08nY ot smau Quantrttes ef Ha�rdous Strbstanc�Mat are 9enereDY �eco9�izad to be eCD�prtate to normal � `� [ . •',` �4
<br /> � � ` resident�al uses and to matnte�ce of the Propeny. �►9 . .
<br /> , =------� Banower shell PmmGtN 9nre Le�der written notice ot eny trrvestigaVon. ctafm. demartd. tawsu� or oiher 8ctton by eny =� .
<br /> — gavemmer�f or re�fstory ageneSf or pdvate parlY invoNmg Ne Property and any Hazardaus 3ubstarice or Envfronmental Latia ot � . ' :.
<br /> . , . whtch 6orcower has actual knowtedga If Bortower Ieams, or ts nat�ied by any govemmenta�or regu[atory sutAOr�y,that arry � .
<br /> `_-` =..-
<br /> .-S .�y,�� <
<br /> � remaval ar other cemediation of any Hamrdous Substances etfecNn9 the PropeRl► ►s necessary.Borrower sha0 p►cmAUY teke aD . .
<br /> necessery remedial actions u►accordance w�h EnvlronmenffiI Law. . � <.
<br /> , pg used m this paragrapA t6.`Haardous Slibstenaes'sre tho58 substances 6eftned as toxie or tsa�ardous subsffinces by
<br /> .. � ' En+dronmental Law end the folowing substances: gasoMe. kerosene. other ttammsbte ar toxlc Petroleum Products. toxic , , �'.•
<br /> _ -•�c,�.,,
<br /> � , ' . • pest�cides and heA�ictdes.volaUTa sokents.matedets Conffiintng asDestoS or tormatdehyde,8nd radioaCttue ts ort�d U�at reSate •
<br /> the paragraph i6,'Emrlronmental Law'means tederal�aws and laws of tt�e jurisdiction wliere the Properiy t ``` '
<br /> . to heaRh.safety w environmentxl protection. � ' �' .;�.-
<br /> . . '�; . , ; r;.�;,.:.:_=_.
<br /> � NON-UNIFOAM COYENMtTS.Borrower end Lender fuRher cOVenBnt and agree as follows: � �._::,.
<br /> •� � �l 17.Assignm8nt o9 RentB.Borrower uncand�ionaly assigns and uansters to lender atl tAe rents and revenuas ot tAe v
<br /> - � -� properry.Borrower authorim�t,ender or Lenders agents to coltect the rents and revenues and hereby dUects eacA tenent ot the �_:�_
<br /> '� ;,� Property to pay the rents to Lender or Lendets agents. However. pBOr to Lenders notiee to Borrower of Bortawers breach ot ",`��-':�•
<br /> •:.':�-.z�
<br /> ,. s..;:.; any covenant or agreement in the Secu�y instrument Borrower shaU coilect and rece'nre aU rents and revenues of tRe Property ° «.+�^�
<br />- ,�:�� as uustee tor the benefh o!Lsnder and 8orrower.ThTs assignment ot �errts cansd'tutes ei►a0so9ita essignment and nat en "
<br /> ` � '- assignment tor add�ional secufRy only � ~ ,� �"
<br /> , �"'-�. If Lender gfires notke of breach to BoROwer. (a)eU rents recebred by Borrovrer shall 6e hetd by Borro�xer es dustes(or �='—
<br /> ,,�r e�-�,
<br /> benef�t of Lender onry,to be applied to the sums secured by the Securfly Insbumenk (b)Lendar shaD t�e ent�ied to coQ�ect and �.i'°'- �.��;�:�;-.;
<br /> .- � ceceive all of the rents of the ProD�Y: end (c)oach tanant ot the Property shaA DaY�I rents due and unDaid to Lsnder Or •• ��.� :;
<br /> � Lenders agent on Lenders written demand to the tenan� � �`°
<br /> 8orrower A�s not executed any prior assignment of the renls and has not and wIIi not pertortn any act that woutd prevent
<br /> .'",4� �:
<br /> Lender from etterofs�ng its rights under this Paragrepfi 17. �• '�"
<br /> ,,.:�`�.��
<br /> Lender shall not be requQed to enLBr upon,take control ot or maEntain the Property hefore or eRer gMng noUce of breacb to ,..y,,�_-
<br /> . . `�, ' ':'`"_-,":�.:
<br /> . � � Borrawer. However, LenQer or a jud�iairy eppointed receNer may do so at any time there is e brescb.My aPplicatlon of reMs
<br /> . �����:.
<br /> � ' shall not cure or waive eny detaua or imalidate any other right or remedy of Lender. This assignment af rents of the PropeRY . `}„�.A„ ;
<br /> . �_y., �
<br /> ' � sha0 tecminate when the debt secured by the Security Instrumerit is pafd in tulL . . , `'••-s;..;c
<br /> �� 18. Foreclosure Procedure. If Len��r �equt�es tmmedlate payenen4 In tutl under Peragraph 8, . , .:'�=:
<br /> �•� licabte taw.
<br /> � � � -� -- Lender may invoke the power o4 sale and any other remedles perrt�gtted by epp '•: ,.��..�`
<br /> � �' Lender shati be entitled w coltect all expenses Incurred in pursuing the remedies provided in . , ,::�,:;.
<br /> , ,,.i��:
<br /> . this Raregraph 18, inciuding, but not Iimited to� reasonable attorneys' tees end costs of titte ."r', ".r,,_�_t:,,s;
<br /> � evidence. `��l
<br /> � If the pawer of sale is invoked, T�ustee shaQ record a notice o! detault in each couiriy In . �_
<br /> : whtch an y part of the Property is located and chalf maii copies of such notice in th0 manner • ::'�='
<br /> � � presaribed by applicabte taw 4o Borrower an d to t he o t her p e r s o n s p r e s c r i b e d b y a p p l i c a b t a t a w. �-.�-'�.�
<br /> � After the time required by appllcabte law, Trostee shal!give pubidc�eoUce of sate to the persons ,: �,�;:,��
<br /> � . and in the manner prescribed by appiicable law.Trustee. without demand on eorro�rer.sf9aU seli _ F�
<br /> � the Praperty at �ublic auctlon t4 the highest bidder a4 the time �nd place and under the terms ��,
<br /> � . � � designated in the notice ot sate in one ar more parceta and In any order Trusiee determlaes. --- . H , _
<br /> ' Yrustee may postpone sate ot all or any pareel ot the Property by publie announcement at the
<br /> : ttme and place ot any prevlousty scheduled eale. Lender or t4s designee m�y purchase the
<br /> Property at any sale. �
<br /> � � Upon receipt of payment of the priee bid� Trustee shall deliver to the purehz^�P Trustee's . .
<br /> ' � � deed conveying the Property. The �ecitals in the Trustee's deed shatl be prima facie evidence of . ;
<br /> � the Vuth of ihe statements made therein. Trustee shalt ap�ty the proceeds ot th� sale In the
<br /> � foliowing order: (a) to all costs and expenses of �+xerctstng the power ot sale� and the sal� . •. • �
<br /> inoluding the payment ot the Trustee's tees actually incurred, no4 to exceed 3 , .
<br /> �,.' � of the principai amount oi the note at the time of the dealaretion of deteul4, and reasonable . .
<br /> , • attornays' 4eea as permitted by law; (d)to all sums secured by thia Security tnstrument; and (c) . '
<br /> � any excess to the person or persona legal(y entiUed to t�
<br /> � � tf the Lender's lnterest in thla Secu�ity InsVument ia hetd by the Secretary and the Secretsry .. .
<br /> requtres immediat� payment in tull under Paragraph 9,the Secrefery may invoke the noa]udlclal :
<br /> � � power of sate provided in tha Single Famity Mortgage Forectosure Act ot 1994 (eAcYy (12 U.S.C. . . .
<br /> 3751 es s�.) by requeating e torecl�sure eommissloner deslgna4ed under the Act to commence
<br /> � torectosure and to sell the Property aa provided in the Act NoBhing in the preceding ssntertee �
<br /> - � shall deprive the Secretary�af any rights otherwise available to a Lender under this Paragraph 18 �.
<br /> � or apppcabte law.
<br /> 4 19. Reconveyance. Upon payment ot 8II sums secured by this Security Inswment, Lender Shai1 request Trustes to
<br /> . reconvey the Property and Shall surtendet this SeCUriry InSWment and all noted ev�QenCin9 debt Seeuted by this SeCUtity
<br /> � Instrument to Trustee.Tnistee Shall reconvey the PropeRy without vlartanty end wrthOut charge to the petsan or person9 t9gally . _
<br /> • entitled to R.Such person or persons shall pay any recordation casts.
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