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<br /> __ � �,�,,;� (i)Alt ur pnet of d�a('mpany,nr a tMnofieial intceest in n truat ownin�nil or part of�he Praperty�is sold „
<br /> � or otNerwise tr�natarned(other titnn by clevise or descent),aad
<br /> _.,� tip'I9�o Piropcny ie nat rta:upted by thu purchnser or gr�uur.� av hla on c�r principa! resldence, or thn =
<br /> .,,,,;,,�,; puahaser or grnnt�a does so accupy ehe Pro�arty hut his or Qcr cr�dlt has aot bten eppsovcd in =
<br /> � =. nccardanco with�he rcquiremante af the Sxrecnry, _
<br /> • '._,; (c)No Wniver. It circumatnnces noc���thnt woutd�armit [a:ndec tu�quim im�ncdiato payr.;�::[t in tUl.ta.�t =
<br /> ��'���` t�endcr dc►�,a nnt rcqulra�uch p�ymentA,l.endcr docA rtot�vaiva fta righte with respert to s�!.►,un�Y;rr.s cvcnts. -
<br /> '� ::1�� (d)Reptdatlnu.�ot�Roerctary. In mcu�y�i�imstancco r�egulations iasued by tho SeLe�ctuy►will limit =
<br /> • ,;���,;�;��. I�nder'e righta. ln tho caso af pnyment dcfautts. to rr.ryulro iu�bmediatc pAymcnt In fUll nnd fa.*�lose iE►iot _
<br /> „ ; {,.. :; �� pafd.This Secu�ity lnstrtiment does not authoriw acceletntiun or foroclosurc if not permittcd by mgulattons
<br /> , '�i"�;',,� otthe Secretmy. -
<br /> (c)Mort�ge Not I�ut+od.eorrowcr ngrces Ihat it th�4 SECUaE'tyr lnstn�ment aud the Note are Riot dctonr3c��ci
<br /> . i�� ro bc eligible fot ittsutanoa undc�ttto Nnt�onnl Hutuing Act v.�thta 60 dqys ftom tho dato Rereaf. Lender _
<br /> '`� ' s ' mqy� at Its optiup. tequite immcdiato payment ii+t1►11 af n1G �ams securc�i by thla Secudry lnstcur�rnt. A -
<br /> ,� �=� � � �°� written stutement of aay euthorinod agcnt of tho�zr�etAry daud eub..equeni to 60 dnys from tha dcuo hen�v6. _=
<br /> � .`���_ ' dccflning to insure 1h�a Secudry Instnunent ntadt tho Note. shttil be deemed oonclusiva prooP of sur�� _
<br /> ��,_ „ lncligibility. Nonvlth,ctAndinB ttin forcgofng� this option awy nai be oacrciscti by Lcndcr whcn tho _
<br /> ° . .�;;_-.� . unavailabllity nf iasurunte is solely duo to Lcnder's fnfluro to remit n mortgago iasura�act+p.tcmlum to tha
<br /> ,�:.: ' Sccrctaq►.
<br /> ., _. ,�,�.: I0. Reinstatement. B�rnawer ha9 o dght to bo reinstated if iRndar han required immedinto paymcnt iu flill
<br /> ' � K.,�;`<�r �,� bccauso of Borrower's falltu�ta p9y nn emonnt due under�hs Noto or thi�Stxurlty Instrt�ment. '14�is right agPlies
<br /> � _f;'ati's .��,_
<br /> ' .�.����; evcn after forecic�.�ura ptaaaetlinge ara instituted, Ta relnstute the Secudty Insttument, Burmwer sh�l tiendet in a
<br /> _ . `T.,'r-. = IUAIp 6UII1 8��AtTlODfl18 1zl�A�T�i0�I1$�vor'a�w�cii,��-'uti�ag.to ti��t tl�;ra s�!!fi�°�f .
<br /> �;' 8onower undet thio Securlty Instnunent�fu�rxlosuro oaste cwd�casonuble t+nd customary attomeys'do�a and eapenses
<br /> ',;�'t�.` �t pt+nperly assoaiated witli the fat+eelosuee prnoeedina. Upnn minstxtement by Borrower.�his Secuclty�n.itniment tu�d
<br /> ` ' Y; �`L - -' t �•liR3t s�s:lit !ss =!'f� s� if!�� !z�! �+I �,u�e+� �mmrdlatn paymeut ln ;t1il1.
<br /> .i _ t��;a�i-f�; i�io u�i3S���'vi�"s s�.. i 'ow�c ri --.
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<br /> �1�i,�. Howaver. I.ender Is nat requiceA to p�mft relastacomunc it: (i) i�andar has a�ccpted fat�st�txrt-,e�t �ter ° e
<br /> � x . oomcr�enocment af foreclosuro proaccdings withM two yenrs lmr�e.dlauly�recedlag tho aomnutilc3ment af a current
<br /> - x• __ forectosure prooetdiag. (ii) roinetatement will precludo forcolosu� �n Qlffc�cnt gaoeucda in tha futuro. or Qi►)
<br /> _ ,��"�' relnstatcu�ont wlll odvc�cly nifcet tho priority oP tho Iten cmutcd by thi�Security Insta�r�e�t.
<br /> - Y y;,; il. Born►wcr N�t Rrlonscd� Forbwt9nco By l.endrr Nat q'�Yaiver. 8atcns�un of tho du�o of payment or
<br /> � ��s��' modUicuion oP nmactiu�tion of tho aums cicccuad by thie Sccurity taate+�mcnt grnntefl t�y lander to any eucoessor ln
<br /> � ' inter�t of&+rnawor shall nat o�erato to rcicaso tho Ila6fliry of tho a�iaianl Bomawer or Bo�TOwer'e eucoessor in
<br /> _�'..�
<br /> s� , intenst. l.endor ahall not be rcquirrd ta a�nuncnce procecdings againv�any auoccssor in iaterest or rofl�so to extend
<br /> Nmo for paymont or otherwlso modify ame��cacation of tho sums securcd by ttda Socurlry Instnunent by cea.eon of any
<br /> � q ;. , l c4am�nQ mado by tho orlginal Bonower or�iorrawcr's Fua�.°ssors in intcrest.My forbearanoo by l.cnder ia caer�a�g
<br /> _,r ' auy right or romcdy shall aot bo a waivex of or prcclude r,Ib�eaerciso af any right ar rcmedy.
<br /> 12. Succe�ois ond Assi�u Baundi�olnt and Several i.laDlittyi C�1gne�a. Tho oavenants and agrecmente
<br /> , of thta Se�udty Instrument ehall bind end TarY►nfit tbe sur.cesspre and aselgtts of l�cndcr and Bornowtr. subjact to the .-
<br /> � provislans of paragraph 4(b). Borrowcr'e covcnants and agreem4mte eha11 bo Jofnt and saveral. Any Bomower whn
<br /> y ca-aigns thia Security lnsuv�enit bat dces not eaecute tho Notar (a) la co-slgning thie Security Inatrument only ta � ,
<br /> ; � � u�ortgago.grnnt and oonvey tt�ot 6omowar's intcrr.st in the Property undar the tcrn�oP thia Sccurity Iaswment:(b)
<br /> ,�. �� ;�� ,;: ts not personally obligated to pay tho sum9 secured by thfa Secu�ity £v�suument;Artd(o)agrees thet l..ender and any
<br /> �'���� �, other liorru�►tir may agrto to exteud,aaodlfy. POIbCB�Ot iCISILO Qtly�!4�AlqIAOdAZIPIIB WItII/C$Aid�O flit!lGAI1311�l�ll8
<br /> ' SecuNry Instrum�nt or tho Notc without thut Bonowcr's conscnt.
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