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<br /> -- _-°--- Pt�y�ueuts�wbich��f'amcd to in Pma�ra�h 2.ar chanre �ha�mount of such pwymentx. My excees�over an _
<br /> ����y�II o�wq�dln�iade6tedneu under�be Nae aM thi.Socwity In�itwnent r�b�ll bo p�id a die eatby
<br /> i. �iees. La�der nuy cdlect faei and ch�r�a�utiwdud by the Sa�rctary.
<br /> � !.(ira�adt tar Aooderatia�of DeM.
<br /> _ -�--� (�)Dafiiwil. Laider m�y.oa�pt�u limited by rcguladotw iasued by tha Serretary in�he ce�e of p�ymont defiwlu, �_- -
<br /> �_ �vyuiro immodi�tep�yment in full of�II�umo�awed by�hiR Sxu�fty Inwrument if:
<br /> r�:��_-��'�'° (i)Bomowe�defaulu►by faili�g to pay in full nny monthlY payrnent roquircd by�hIR 3ecudty InRt�umem prior �
<br /> w ar on�ho due date of tbe noxt monthlY MY��ar
<br /> (ii)Bortowcr dcfiults by fdlin��for a period oi�hiny d�yc.to perFam any othe�obligA�ions conuincd in thio
<br /> Securl Inchumenl.
<br /> - @)Ssb Crodil Approval. Leoder:hdl.if permkted by appHcabb Iww And with tho pdor approval of the
<br /> Seenel�uy�roguiro itnme6iatn paymeM in full of all the sum�securod A�r lhis".ecu�ity Ins�niment ii:
<br /> (i)1►11 ar put of�he P�ioperqr.or�benefiic�al i�wenst in a wst owninQ all ar�wrt af�he PropeKy.ic aold or
<br /> _ - atherwisa a�►sferned laMr Nu�n by devise ar desoea�)bY the Bamnwer,iwnd --
<br /> ;r.'.' (il)Tha Property i�not oocupiod bY the purcbaser or�antee ag his or her principnl�sWence.or the pu�chaser
<br /> ��L� or giantee daes so occupy the PYopaty but his or her crodit has aa been approved in s�ccardance
<br /> - — wlth the iequine�r�ents oi the Sec�rt�uy. �,°
<br /> � (c)No Waive�. li'circwmst�noes accw'r�wt would prnmit Lender ta requi�e irmaediatc payment ip full,bw l.ender
<br /> (`:.i\I R�iy,.; . doee not requiro suchpr�yme�ts.l.enA��d�es na waive its rights wi�d�espect w subsequent events. �
<br /> �� J.!` (d)Re�ulaHoar d NUp 5eerelory. 1n many cireweuxtances�gulatbns issued by�Secretary w111 limit I.ender'�
<br /> �".•�a�l��.���'�'. dghls, in tho casc of�►yment defnults.turcq uicc iva�modiate payn�ent in faRi and Porocie►se if not paid. 71�is �
<br /> -- _ °-�.-�"';-"���•����� $tet�ily Imp+w�A�k��=m�►authnriu pecekrAtio�or iwerlosure if aot permined by ne�ula�ionc of the C�•cre��ry. �
<br /> _ �.titi.�y�,.
<br /> :���''`, (e)Marf{n�e Not In�ured. Bixrower agroes that should this Scc+vr+ty Insbvment an6 the note securod Urcneby rat i��,,
<br /> ,v:,.'� ---
<br /> 6e eligii�lr for insurance uider IFnr lYuaonal Housing Act within �A �� _
<br /> date hercof.L�ender muy,at its aFNimn and notwithstanding anything in P�fru��roquire immediate payment in
<br /> {,• iµ:r.
<br /> � ;f}i; full of all sums secu�b5 �his S�curity Insauma��. A written statement of a�ay uuthoriud ogent of the Secrctary �--_
<br /> dptal subsequent to � ��t� from the datc he�of,declining to insure�his Sxuriry FNn
<br /> ';� Inauument wul the nate secur�dlff+�a�:by,shall be damed conclaseve praof of such ineligihility. Notwlthstandiog lYK:�_
<br /> thc foregoing,this optiun may �at t+e:�:Yercised by L.eM1er w�n the urwvailability of insauran.:e is solely due a _-_
<br /> I,ender�a failure to�+emit a mongage in�unnce premium to thc Sceretary. F?t::
<br /> �� 10. Rel�htemen� Bculrawer has a rl8ht to be relnaeated ii Lxnder hes required immediatc paymeM in full beaause
<br /> a�l�amwer�s failune to pay a�a m�wu�t due under the•:�'rtx: �ar Ihis Security InetrumeM. 'IUis right applies even aftcr �������
<br /> — fvxe•L�c+�ture procadinga aro �ausiituted. Tu reinatatc the 5�.uriay'lnatrument. Bormwcr shall tender in w lump aum �II :":'��
<br /> - amou�s royw�S fu b�mg��r�aUaefk ar�aa;.:cu�s�ni isxl�''�.ag.se lH:e 4xitnt s�ey n�s obligations of l�rmwu wider�his _
<br />���'yl'�'� � Security Instrument,foreolo.�urr costs and reaconable and�uatomary�rttarneys'fees und expenses properly w�saciated wi�h �-
<br />:�s tt�c rorcclosure r�cc�din . lpo�n rcins�eternent by Sorrower.thia Secw+ric�:lnstrument und the ablig�tions 11wt it securca -.--.
<br /> ;�' + stu�U«moin in�fPect as i�Lender had notrcq uircd immediate puyment in full. However,l.ender is nat nquire.cf ta�etmit u;'
<br />; �,� •�';;1,:;•>., n;ins9atement if: (i)i.ender�o;+. accepted reinswtement afY� t'he comm�ncement of 6rmeslo:ure proccedings wiileun �wo ' ���
<br /> ;:r;.- 4��"� yr,,us iiuu�Aiatcly p�.�.�t1��g �he .:�u���i.:n�,cmcnt of a currcnt fnrcc9osur� proceeding. (ff) reinstatement will prerl�+de ..
<br />. '?� forocbsuro on different groundc in the future,ar liii)rcinstatement wiJA odversely uffect the priority af the lien cr��ted by �;t�.
<br /> 's,,�a� ,'•. ' a�-", thitSecurity Inauumem. �".
<br /> •�:17s� �,3� $��_ 11. Norrower Nat Relwsedi �a'6ea��nce bZ I.ender N�t s '1�Valver. Bxtensiun of the aca�e of payment or ���
<br /> •` �,�t!;„ , .•..�*• ,mocAification af amoAiaation of the sums secured by th�a Secu�iy Ir.stnimem granted by Lender to ony�uccesrar iao ia�terest �°�
<br />'�' •c�ff Bvtrower shall not operate lo release the liubility of the od�,�na9 Bortower or Borrowerk successor in interosi. 8.render �=
<br /> ''`�"- �;�:� '°�":S' s�haGO n�t beroq ui�d to commence proceedings ugainst any<ucces.gor in interest or refuse to extend time for pqNa��nt or �;?:-
<br />�;;�.: ��%.�,�,, otherw�sg madify amortizntion of the sums r,ecured by this Security Insalument by reason of ony demand made by the ,
<br />^.y'.. i..�1� i.• origin4l Borcower or Bomowerh successors in interest. Any forbeuance°*}l.ender in exercising any right or remedy sholl .,`,.
<br />_ _•w �. ,Y nat b�s a waiver o�a�r preclude�he exercisc of any right or remedy. :
<br />`::�;�,j�-- �ia, 12. Saccrssara and Aaai�ns Bound;Joint And Several I.inblHty;CaSignera The covenantR and ugreementx of �,,,
<br /> r�J,:� J;:-`• this Security Dngtrumenl aP�aCl�bin.d and benetit�he xucceswrs and a�signx rf Ltnder iuK4 8orrower.�ubjoct to the provisions •. _
<br /> .�,;�{.���; ;��, o u�P,uagrepy g,�, Horruw�r:c��venouus nnd ugreementx xhull 6e joinl and srveral. �►ny Borrower who ca�i�ecs thia _
<br />'•.►'•" • • r �• Secudty Insicument bul daes nc+t r�ecute 1he Notc: (n1 is co•tiigning this Securit�lns�rument only to mongoge.grnn 1 and
<br />,;�:;�: .�:, ,
<br />,�<<<, : -S.,�sa ' convey that Bouowcr�interest in the Progerc!.�undcr the termx of thi,Security Inxtrum�nt;lb)is n�t per�onally ob il gated to
<br />.,.•,�.;;;.��. �.,.�,;:..�9.:.•a.., pay the suma sceured by this Security Inv�Taeae:nl;und Icl ugrces�hut Lendcr and nn�othrr Borrowcr Mar agree to eatend, `�'
<br /> '�J�' ' �� "y' � � .1': modify,forbear or make any ace�mmado[ion�with regurd to�he�erms of thix 5ecunty Instrument or�ht Note without thut ��;'
<br /> '`-----�- ��� Bom�wcr's conscnt.
<br /> i�as5'�''`- .�, _
<br /> �ti- •«;r;�:�.'. 13. Notl�es. Any nctice to Borr+ower provided far in�hi�Security In�trumen��:hull Ix:given by delivering it or by .:3
<br /> _ `c m�iling it by firat class mail unless ap licuhlc law r+eyuircs uK of unother methal. The ncNice shall be directed to the �:.-`
<br />-=,�M --- F�ropeny AJiircs�ur w�y u�irei uJJ�r►+ �UIII�N�I�C11�t11d�C1 I1) uuli« 1.•..:�td�r. Acty�ttafitC ia 1.cc;dcr:.h�S!hc g�t�Cn by a
<br /> �'•"•�'`� " first class mail �a Lenderti addrcs,stuteJ hcrrin or uny uJdrcx.Lcnde�deyigna�c. by notice lo e.xrower. Any notice ��-
<br /> F
<br />��N�,���� ' r � "'� •�= provided for in�his Se�:urity Instrumcnt shall Ik deemrd ta huvc heen�;h e.<<.�Hurcuwrr ur LeMicr when given uti provided
<br /> � � '..,fr1.�t in this parsgraph. .•
<br /> '',����l,�s,•:,K�f�� 14. Governing Law;tieb•ernbility. 'fhi�5ecurily Inslrument xhul) he guvemrd by FYJerul luw �nJ the low uf Ihe -
<br />-=;ti;C:. " �i�,<<`';;`•±���- �urisdiction in which the Property i.r I�xa��d. In�iic evcut Uwt+�n� pr��vhi��n ur rlau.c uf this 5rcurit)� lustrument or the _-
<br />•�!1,• �. �,�t�S',►�`: ' Note contlicts wi�h up�licc+ble luw,,urh rnn!lict.hull no� �fl'rrt�uhrr�r�nvi.iom of thi, Security In.Mrumem o��he Note
<br />%°xi°. .• .� which cnn bc ui�en effecl wilhout Ihe Cawef�i.tin mvi�iutt. li�Ihi.e�td 1h;provi+ioo�uf Ihi�Se�ur.etc lnsll'u1tKM and the
<br /> ����,ajt � .���. :,�� Note w�e rc0ut�::4 ta�be�cvcruMr. R r .
<br /> �`',Y,.,`!y ' IS. ruwer's Copy. B�urowcr,huE�?k givrn uiie.�x�t.,rni�d.�np+ti nf this Scruril�•bi.trumrraz.
<br /> - , 16. A�sd,ga�ment oP Re�+as. Borrower unrunJilii►n:d��. .r„��n ar.�a^:�n.l'�r.�u l.rn�k�aU thc renl+und re�cce�,,�t�hc
<br /> .�:.;.....= fln�pp. ��wer uuthariic.Lender or l.cnJrr.ugrn�.�i�.��;•��teri�4:4'rrr.t�and revcnue.�mJ hcrrby dirc�n ca.l;�ae•:c:mr ot
<br /> , ;": ... � tt�e propevty t�,4aY thr Rnts ta l.endcr�►r LenJcr's i�gen��. Huw.vrr.�rMx li�LCndc��nollcc lo I;cxtoa•ct' of�H�r,la�wt�s
<br /> s•�-
<br /> � breuch of any ti�.����nanl or ugrcemrm in thr Srru�ity In.lrumcnl,B��rr��u.cr..�11 rulle��und mcci�c ale�cai,unJ n�•�nue.of
<br /> . �- the Property a,iru>tee k�r Ihe txnrfil�.1'Lrndrr+md Bom►wer. 7'hi.��..i;���.n�nt ut'rcnlx c�,m�iw�r.�n:+hwlu�e v,signmcnt .
<br />- � rud nw an a..s�gnment far ucldiiiun�l ucurity�only,
<br /> .. ., . . . ..,. •
<br />--- _ __�___i..___...:���cl........1.�..p...«.......• ���II rNn�.r,av�icad h��Nnrrnurf J1a����4•IJ h��H�wr��wer�.IN�I�Y• --
<br /> i - � - -- ii i.c����a.�.u..........,.....��.............�.. ._.. - - - �
<br /> ���r�� :, ��� fur benefi�of Lendcr onlv_ �•�hc upplieJ tu�hr,wn�ucumd b} thc Srrurity In.trum�nC Ib�Lerwkr�hall br�rttddeJ�u � .
<br /> , :. _�.�j,c;' cdlect and receive all nf ihe ren�,uf the Pn►�xny: :uid�c►.arh�r�uru�d��he 1'ru�xm .tu0 p�} �II reru.Jur�nd unpaiJ tu
<br /> ��� .� .y'...,,�; Lrnder or l.e�kr:s agenl on I.endcr:wriurn Jrm•rnJ lu th�Icnuni.
<br /> '. �,5.'`"�3.:,..,, i i���!' Bom►wer hr+nnt rxerutcd any priur a..i�nnxnl ul' Ihc rrnt��rt�l lu� nu1 m�d w�ill n�M{�rrti�rm any •rrt tlut u•nulJ
<br /> �� :,. p�event Lendrt from rxcrci.in�it.riNh�.undrr I�i�P:uagr•rph 16.
<br /> �•'.° , . . Ixnder shall ncx br n�uireJ tu cmer u{xm,tul�c�nrtrr�r[ar�rr mrint�m �hc Pn►�xtty I+rti�rr�K afrcr��vin�:�i,�icr i�t'
<br /> � ' . txe,�ch to&xrowu. Nowevrr. LenJrr ur u juJiriull� �p�:nnnnrcd r��.�aet ma� Jn.0 at an� timc tMer� i.� hnxN. Am
<br /> ' ��� �, ' npplicatcexr ot n:nt;.Pull nut cure ur wui�•�un� Jrfuuk or rmalutu�:uty�►Ih�r righl ur nntedy i�f L�n�kr tNi�a�tii�nment
<br /> • ; o ° -.r� otrenla aftkr Pta�pr.�rty.h�l1�miinsNC when thc Jrh1 u�urrJ hy t[u�.-�urity Imlrunxn�i.pa�J in Full.
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