|
_� ,' � �.;�,n=_ -,
<br /> + . . .. _
<br /> ,�, '' -t':�`::��_'~,t�-.�.
<br /> . , .. ., !r>,�Ar.' . .. .. . . , �� � _-.: +•,�*rT�,..�..-.. ---_
<br /> . ,. � , .. � . .. . . • . .. l�.�y.«-..T..._.._._
<br /> . , iA�•"`f'-
<br /> _ ... � ' ` � .. . �� . .. . ' � � y�`ga��
<br /> � __
<br /> , � . �,�yy�g -- _-
<br /> .�: , - .'i4'�T 2[tAi .1Kn . ,.-..�-__ _� ----
<br /> , � �f'Ay .:! .. .._. � . . �..:?S�'
<br /> , �`3c- ...�-
<br /> �� -�-�-��.�
<br /> ' l.� . _. .� ..< . ._. _. . . .. . . _ �-
<br /> f . . �.,.��•.
<br />_, _„•. , '
<br /> ., � 97- iUS�S�! .�u.;�f:-::
<br /> ,,.
<br /> ��. :r��.�.:�_�;�
<br /> ���,�,,��..-
<br /> (i)All or part of the Property.or a beneficial intcrest in a truat owning all or part of the Properry,is sold ,u��,,..,_,
<br /> "'"�� or otherwise[raasferrcd(other than by devise or descent). and s"��`=
<br /> s,.,,�,�,...Ni► -_.. —
<br /> (ii)The Property is not occupied by the purchaser or grAntec as his ot her principal residence, or the '`;_,�°-,_
<br /> y purchaser or grantee does so occnpY cha ProP�rtY but his or her credlt has not becn approved in :�,.;�,=;,_-
<br /> accordance with the requlrements of tho Secrcwry. �'=�=:"°`
<br /> � ' (c) No Walver. If circumstanas occur that would permlt Lender co requin Immediace payment in full, but
<br /> °:1=:_
<br /> . ;d Lender das aot require such payments,l.ender doe4 not waive iu rights with respect to subsequent events. __ ---
<br />. . � � (d) RegulAtions of HUD Sc�errtary. In inanY circumstances regulations issued by thx Secretary will limit ..�
<br /> , '%• Lender's rlghts, in the case af payment defaults, to nquire immediate payment in full and foreclose if not 'r—
<br />- � paid,'('his Securlty Instrumeat does not a�uhoriu ecceleratlon or foreclosure if not permitted by regulations �'�
<br /> , w: of the 5ccntary. Instrument and the Note ara nat decetmined -_
<br /> (e)M o rt g a g e N o t I n s u r e d. 1 3 o r r o w e r a g r c e s t h a t i f W i s S e c u r i ry r:: _
<br />� ` to t�e e➢igible far insurance under tho National Housing Act within 60 days from tho date hcreof,Lender ,���_=- _
<br /> �,' may,at its aption, require immodlute payment in full of all euu�s secured by this 5aeiriry Insffiument. A :_
<br /> • • wrltten s�atcment�f any authoriud agent of the Secretary daud subsequent to 60 days from the date Yeereof, �,l�H.
<br /> dxliniag to insura this Security Instrument and the Note, shall bc deemed conclusive proof of auch --�
<br /> �;a:'�i�rF•�-
<br /> . " ;neligibility. Notwithstanding the foregoiag, this option may not be eaerctscd by Lender whr.n the �.,,
<br /> unavailability of insuranco ta solely duo to Lendcr's fa�lure to remit a mortgage inswnna pnmium to the L
<br /> � Secntary. _
<br /> � 10.Relnstatement. Botrower h�a a dght to be reiastatecl if D..cad�r hag required immcdiate payment in fu11 _
<br />" because of Bomower's faiture to pay an amount duo under the Note or thls Securtry Insuument. This rig}st applies �•�
<br /> • ' even after foreclosure proceediags an instirutod. To ninstate the Socuriry Instrument, Borrower eha21 tendsr in a ��
<br /> - -_ — lump sum all amounts required to bring Borrower`s sccaunt current inciuding, to the ext��,::��;��bl:g«:ans Qf _--
<br /> Borrower under this Securiry xnstrument. toreclosure casts and reasanable md customary attoraeys'fees and expenses
<br /> "f;-,,,.,� �� properly a4sociated with the foroclosurc proceeding. Upon nlnstatcment by Borrower,this Saa�rlry Insu'ument aad
<br />'� `'� the obligatioa� [hac it secures ehall recaln ia effoct as if Lender had not nquirod immediate paymsnt in fiill.
<br />��,,.��,.
<br /> f '�_'��'�`.A However, I.ender is not requirod to permit reinatatement if: (i) Lender has accepted relnsw�,ment after the
<br />_'�'.r`1.
<br />;�,�;;�;._:�'', � commenament of foreclosure prncadings wtthin cwo years immedi�tely p�ecoding the commeucemn►t of a cunent
<br /> =`--:•.-- foreclosure Drocadin8. (��) nlnstat�m�n< <'"W prtclude fotoclosuro on dlfferent grounds in tt►e future, or (iii) _
<br />_;���-a'�; � reinsuumeut wt�l adversely�ffect tho priodty of tho lien creatod by this Socur[ry instrument.
<br />�i-�'•'� . il. Borrowar Not Rdeaaed; Forbann�r By Leader Not v Watrer. Extension of the time of paymeat or
<br /> �'�;;,~� '�� modificuton of aa�ortization of tho suma secured by this Securiry Instniment granted by Leader to any succeswr in
<br /> °�"''':9�;��,-�� inteirest of Borrowcr sh�ll aot operate to releue tha liabiliry of the original Borrower or Bomower•a aucc�ssar In
<br />�^°°•:�-L^^�"'=� inurest.Leader alull aot be nquired to commenoe proaedin8s a8sin�t any suocessor in interest or refuae ro extead
<br /> �m.�:Ti'8�21I;U�
<br /> _ - time for prymeat or otherwiae modit�r amortizuion of the sums eccurod by this Securtry Instn�ment by re�son o any
<br />�;, _ dem�ad msde by the odgiml Borcower or Bomower's auccesson in interest.Any forbeacence by I.en�ks ia exercising
<br />__:-�r�• � any dgi►t or nmody shnll aot be a waiver of or prcciude thc eaerciso of any cight or ranedy.
<br /> :n�:, .
<br /> y="r..� ls.Succeseors�nd As�isns Bound;Jdnt and Sevayl Ltabiltty; Co-SiQner�. The covea�nu agratnenta
<br />;�a:�. . '� �
<br /> ��_ of this Socudry Lsstrument shall bind and beaefit the successors aad auigns of Lender ux�Bomower,subjxt to t
<br />-�ii.�: pmvisioas of puagraph 9(b). Borrowcr's coveuants enci agroemenu shall be Joint and scw�e:al. Auy Borrower who -
<br /> �'�,�`�s y�, co.slgns thia Securlty Instnunent but das not execute thc Nott: (a)is oo-signing this Security Iatnvment only to
<br />-��s�` � mortgage. gmt and convey that Bomowa's interest in the Propeccy under the terms 6f this Securlry ia�-*umeat;(b) -
<br />��•�;R.,.�,;. is not peisonilly obligatod to pay the sums secured by this Seciuiry Insmmoent; and(c)agras thu Lender and aay _
<br /> _,�._,y..
<br /> _,;����.�, ot�er Hoc�wer may�gree ro extead,modify,forbeu or make any accommodations with regard to the temu of this
<br />�:°r'��- � "�' Securitp Eiuuument or thc Note without thnt Botrower's conseat. -
<br />?,.�. .
<br /> �t,c .-.-:'�`'�°: �
<br /> _ ;-,.
<br />��r. _--
<br />�: . . ;� �_--
<br /> } °��,�' ----
<br />_;;� - �4RINE)il6WI.Ot np�6 oe• iNCwr.6..�t� ?.isi="--
<br />-. � ,�n,` � - --
<br /> , ,Y,�,;;t�'`_��, � �t•�„_.
<br /> .
<br /> -.-.__. .-_�_- - [F' _-_-- -
<br /> �"..-.--.._.._... . . . -- .. . . . . .. :yp�Oi+M'3,F"... --...-�.�...r►�•r-'----°—° _... ,.- +�nwww"'. .- �--_�..,.�1�N�� . .
<br /> . ��
<br /> � •
<br /> �.1 _ ..__ _ _. ._ _. `__.
<br />
|