|
,
<br /> � •
<br /> •� :, .,x �,i -
<br /> ,�.�. . . �, -._--•+�n.,..;
<br /> .. _,,,,,.r„ �yF+�• _ .,. •
<br /> '.:S',.
<br /> . , . _ . �j.:_,L:�'�
<br /> 1
<br /> . . Y/�'--_.
<br /> . ' - f !-^'"'� ..
<br /> .. .. ,� ' _'T_
<br /> �
<br /> ' .. ..M�..: y- ..
<br /> ' l .. ..'1 . . . .. . ..,w. .,' �•� .
<br /> ��_
<br /> . �: • _ �_
<br /> J7 �CJ'l9a�2 �:
<br /> ��.
<br /> ....:�- .�'.
<br /> .._.....� .� (i)All or part of the Property,or a bcn�ficial Intcrest in a trust owning a11 or part of the Prope�ty.is sold or �_:
<br /> otherwise transfeaed(other than by devlse or descent),and ���`
<br /> (ii) The Property is not occupied by the purchaser or grantee as his or her prir+cipal residence, or the �r_��
<br /> purchase�or gcantee does so occupy the Peoperty but his ar her credit has not becn ap�roved in accordancc _
<br /> with the requicements of the Secretary.
<br /> (c) No Waiver.If circumstances occur d►et would pecmit I.ender to require immediatc payment in full,but _
<br /> ' I.ender does not require such payments,Lender docs not weive its rights with respece to subsequent ovents. �
<br /> • ;•' (d) Regulations of HUD Stcretary.In many circumstances regulations issucd by the Secretary will limit
<br /> Lender's rights,in the aascs of payment defaults,to require ur►rt►edfate AaYment in fuU and fore�lose if not paid.
<br /> �� ' ons of the
<br /> �; 'It�s Securiry Insuument does not suthorize t►cceleraHon or foreclosure if not permitted by reg�atl --
<br /> Secretary.
<br /> �` (e)MortgAge Not Iasured.Borrower agrces that if this Sec�rity�nstrument and the Note ate not detem�ined w -
<br /> �:�' be eligible for insurance under the National Housing Act witttin 60 days from thc date hereof.Lender may,at =,_
<br /> ' its opdon,requlre immediate payment in full of axl sums secured by this Security Inst�umen� A written
<br /> � statement of any authorized agent of the Seuetary dated subsequent to 60 days&om the date hcreof.decliriing
<br /> co insare this Securlty Insuument and tho Note, shall be deemed conciusive proof of such inellgibility.
<br />- Notwlthstending the foregoing. this nption may not be exercised by Lender when the unavallabillty of
<br /> , insurance is solely due to Lender's failurs w remit a mortgage insurance premium to the Secretary.
<br /> 10.Reinstatemen�Borrower has a right to be reinstated if Lender has required immediate payment in full be�ause
<br /> of Borrowcr's failure to pay en amount due under the Note or this Securlty Instrumen�'Ihis dght applles even after
<br /> —,- __:� f�iectosarc psccadi�S»sr�Issstiritm�, T�reinctate U te Securi t Y I ns t n u men t,Bottowes shaU tender in a lump sum aU
<br /> j1 . amounts requlred to bring Borrower's account current including,w the extent they are obHgations of Borrower nnder
<br /> '�� �his Secarity Instnunent, foreclosure costs end reasonable and customary atwrneys' fees and expenses properlY
<br />--'- � ��� �rith the forectosure proceeding. Upon reinstatement by Borrower, this Securlty Insmiment end the
<br />=��-T�•��._..•;�'� obllgadans that it se�ures shatl remain in effect as if I.ender hed not required imn►edjau payment in full. Howevcr,
<br /> �;, ..�. . .
<br />;�;�:'';�:.:y�h. LeAder ia not required to permit reinstatement if: () Lender hes acceptod reinstatertknt after the oo�aimencement o
<br />-=r.�;", ,; : foreclosure proceedings wIthin two years hnmcdiately preading the commencement of a currcnt forxlosore
<br />�:�i;,�;,,.`;;``�:: procoeding, (ii) relnstsuement wiU preclude foreclosure on different grounds in the fuaue, or(iii)reinstaumeat wlll
<br /> _;��:�:_�'-'�..� adversely affect the pdority of the llen created by this Socoriry Instn�men�
<br /> .:-�F"'1:�i..
<br /> 11.Borrower Not Reksised; ForbearAnce By Lender Not a Waiver. Bxtension af the time o payment or
<br /> -=.-:�1�`��� modlffcadon of amortf�atton of the swn.v secured bY this Sccurlty Instrumcnt granted by Lendu to any snccessor In
<br /> _=�"-=-�"�� intaest of Borrowu stiall not operate w nlesse the liabiliry of the original Somnwer or Borrowa's suooessor in intaes�
<br /> _y.:�.��a;�. Lender shall not be rrqulred to commence proceedings ageinst any successor in intetest or refuse to extend time for
<br /> -�d;v�l%cy.� paymeat ox otherw)sa mod3fY amort�adon of the sums secured by this Securlty Insuument by reason of any demand
<br /> -==��;�''� made by the orlglnal Borrawer or Borrowu's successors in interes�My forbearance by I.ender in exuclsing any right
<br /> � or nmedy sha11 na ba a waives of or proclude the exerclse of aay right or remedy.
<br /> _��;�-� 12.Successors and Aasigns Bound;Jotnt aad Several Li�bWty;Ca3igners.'!he covuumt�and agraments of
<br /> �� this Security Inswment shall bind and benefit the successors and asslgns of Lendu and Borrower.subject w the
<br /> ,��� provisions of paragraph 9(b)• Borrowa's covenants and agra�r►ca►ts shall be joint and several.Any Botrowu who
<br /> ------------ co-signs this Security Instnunent but does not execute the Note: (a) is co-signing thisti Securlty Insteument o"lY co
<br /> �{�:���� mo�888��B�t and conv�y that Borrower's intertst in tha Prope,rty under the tenns of this Socurity Instrumen�(b)is
<br /> - _,��,, not pe,rsonally obligated to pay the sums socured by this Security Inswment;end(c)agrees tlwt Lenda and eny cxhu
<br /> �-�-''�" Bomowu may agree to eatec►d,modify,fort►ear or make any accommodadons with ngard to the tams of this Security
<br /> '`=�'=��� Instrumeat or the Nota without that Borrower's consen4
<br /> _�- -1�-z;.
<br /> �X��y1r'�.�e4.:
<br /> —. .�!1 +�iM
<br /> _' ,+;._
<br /> r.�' . .
<br /> s+.,' _
<br /> . r..� . .
<br /> "' . - �4R(NE)(o8oq.ot Pap�b o�e tnula��:
<br /> _:�,'�. � . �. .. . .
<br /> ..�..
<br /> • .-...� �.. . _.._ _._ -•--- .�...��.� ---^"—'..� r ' .
<br /> • . _ _ J , T���:��rr
<br /> , . .>,' . �� �w�..:'
<br /> . :;:.ns• „� ;�_,�-�-�",
<br /> , . . : ti';/K,� y' �.�j' . . .. � � '1`�.l:_�
<br /> � . �,l�r-- �..r- .. , +;hi��r�.
<br /> . •t,.s. �!:"�'t�c • it�"�1r
<br /> - .� . - . '1'� "`:�.n> -'`!y,•' ',.y,�>�,::.ri-
<br /> . . , , z'ii�t.''/LN:w"�'T w__=-.
<br /> 'IT• `Y� � �4 '•utt.�yJC`a�.== -
<br /> .. . " I. ' � �i��!��;y1��j�.
<br /> ' i{ 5 :39..�,.:-
<br /> - - . .•:t. 'a�.`:A�'-"�1.: 1 . ..
<br /> - • . � ��fi � . .
<br /> 1 •
<br /> �— . .. . '�_.�.�... ., rr�_�._.�r.i.�_�Y�......'_ - '.
<br />
|