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<br /> ��' ��` �` ""` - My umounts disbutssd ey Lendsr ur+der Mis ParaB►a0h snan Coeoms en adedional Qabi ot eotrowet end Oe s86use0 by ��;°t�,«
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<br /> .",:r ., Q�iS Securiry t�suumanA'tnes9 amounts SeaO Aear interest Bam the date ot disbursement at ttts Ncte[ete.and at th9 aptton fR� (�.:G;,,�,`
<br /> y�:�•,'�.�, . ;e , I.BttQ2r.Sfea3t be t�oned,3tely Que altA 08Y8b�. , ` ,.f_ ;:.``
<br /> ��� ' Borrower shaS prempity dtseA&�9Q eny I'� which has prfouty aver thts Securay tnsttument untass BO�rowa�(o)G8�33 6'► , -
<br /> , • `• wtBi�$W,tt�o�Syrtsent o!the abGgt�ti6n 58ctumd by the�ie�t In e te�nnner acceptabte to Lender.(�)cont6sts bs go0d feL'h ND���
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<br /> ; ,�:.�: Qy, or dste�ds against eniorcemenl of the I'ian �►. �proceedings vehich ta the f.enQer's�apinfort.apsrate to,Drsv�nt .
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<br /> >:. . ,'o�'�`±'•y' Bi1fOtCem@nt Ot tf�9�Bn: or,(el seeures kom tne h»lder ot the I;an an agreement sat'stastory to�ender subardinat�►9 �
<br /> ' , �':�C'"��.;.` �nig gEturity lrtatrum5nl. If tander dEtemiines trist Sny part Ot th8 Property is subJ�t to a fien wAiCA may 8tfe6►prtOrlty.Ov��b .� . ;` �:-
<br /> ~` - �,_,s'.:<. . ` . Sp,CUri�y tnstrument,{.ender may g+v9 9atAwer 0 noUce identiht�g tha I'rtn.BonoY+rer sha;l 58tisty t�e Qen or�teke�9 0►mGtf)01� .,,�,�` .
<br /> ' •'�t .,,��:" ,the eCt[on5 se!toAD above within 10 Qays ot the giv�g of notfce. ` � '�
<br /> _ �-]. g, F�g9,�gndgr map co9eet(ees and Charges autrtorasd by,the�ecretary. �
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<br /> —T-�- -� ' 8.�iPdur[a8 fpt iitCe'[eraaon o�Sc�. ,. � .
<br />. `, , ���: (ej De�BUIt�ender may. exCeD1 es�i��ed by ceguiatinns issued by tha Secrerary tn ehe ea.se. of paym6nt detauBa �
<br /> �°:i';'_ ;.:. �aquiro 6nmedtate payment m ffiU of ap sums secu►e0 by th�s Security tnstrumerrt d: �'�=�J..'
<br /> � ment re4uue6 by tAis Seeurity���t P�t to ot 6tt • �-�- ' -
<br /> . (ij BOROVrer detauUS by tail'mg to pay in fult arry monthry paY i ._
<br /> " ` ttie due da't0 oi the ne�d mprtMty RaYmant.o� , t
<br /> �';'�� ' • (i)B o r r o v�e r�Q e f a u ft s b Y.���9�f a r a p e d o d of th f rt y Aa ys,to Derfortn en9 oMe�obfigations eonffiin80 In thl3� � -
<br /> '�'` , ft1SiNR12rit. . - . 'R •,�-
<br /> _a�.` ` ���r; (b) Sate Withoui Credit Apprdval. Lender shall. it�perm�cted Oy appl'�cabta law(incNQrt�g secUon 341(�ot the ! __
<br /> � ti ..�: ::.� . �-�` __
<br /> .'; ::. Gane.St Germain �eAOSitory tnstioittans Act ot 1982. t2 US.�. t701j-3(dq end w�ri the prtat apA�l Ot fhe , � _.:
<br /> `` ` requhe tmmeQiatB payment a�(nit o1811 the sums seCesrad by this Secur�iY �nswment.ii: • ` -_-_-
<br /> ' r `�. .��, . •(iy AU ar pert at tha Fcoperty.or a beaetic'ral interest tn a trost ovm�g all or p&R of the PropeRy. F3 So�at ` - ,
<br /> ' othenrrlse trans(en'e0'(�ther than by devise ur d�seent).and � M-
<br /> . � (i�T h s P r o p e rt y f s a a t o G C U D�O�y th e Purehaser or grantee as his ar her prfnc�at�esidenc�ar the putatta5�al � �.v
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<br /> .-..- ,..,...�--� . • grantee daes so aeCUAY.� Ptoperty. but h i s at her creQit kas not Deen appraved in accardance w$h th9 � _
<br /> � �>;��, requtremants ot the Sesreffiry.
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<br /> : y+°-.•, '',:'; (C) NO W$iV@f. 11 e'meumstances occur that vroutd permR Lender to.�equ'us UnmeCfste paYment tn fu0.bu!LettdOt y
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<br /> ' � � Goes not re u�e SuCh p3yments.t@nder does nat waive its ri9hts with respeCt to Subsequent everns. �;,,__�,:
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<br />. �::��,,`�"�. `. �- (6� Regula4tans ot HUD Secre4ary, fn many c�cumscances re�,tacions �ssaed oy �+s Secremrf► wm �R ;-.-;�-.
<br /> :..,_._. ,.....__....,. . �dera rights, tn ihe CBSe ot payment de(autts. to sequire immediate paymenf tn fuR end fornc�58 ff not p8id.Th� i: =�,=.
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<br /> ,� � $eCUrdy.tnstrument daes not autNO�irs aCCeteration pr farectosu�e iE rtot pem�Med by regufattonS ot th0 SeCfetetY. __
<br /> ' (e) Morigag@ Not insured. Barrawer agrees that i�t6is Securrty tnswment and the Note ara nat d¢taRntned t0 F` ..;
<br /> �
<br /> " be eligbte for insurance under the National Housing Aet wtthv�# Qt da S 90 irom the dat9 p8t80� �� 1F- __
<br /> may,at ns option requQe immed'�ate payment in tuil 01 ai1 sums secured Dy this Securny InStrum6nG A wtRtm�8ffi�It „ __
<br /> of any autharized agent nt the Secretary Eated subseQuent to� of�3YS(90) hom !he•date �ereof, Qec�fil� � `.�
<br /> � • to insure thig Securit�►tnstrument and the lVote.ShBll b2 d2emed ca�'c1u5Ne proof ot SuClt (n91'�gibil�TY. NaNsrRhStet►dYtg . , ___-,
<br /> � ' • ihe toregoing, this opt�an may not be pcercised by le.R�w�en the unavaitability c`.�s•rrance is Sotety due t0 L.Br.�fB C :7`s
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<br /> ta�(ure te remit e mortgage tnsurance prem�um to the�`-�Y-. - ..�,,�
<br /> ' � 10. HBitlSCdL��d11@O�Bortower has a right to be roinstated it tende►!�as required imm0diat8 paYtRant.in fu�beCeus9 af _ �
<br /> Boriowsd$ iailure`ta pay an amount dµe under tAe �ote or this Security ►nstrumertt.This rigM apQHes even 6fter taif>ofOSUtB �`-__,
<br /> � '�'. � ptoceeQings are inst�Wted. To reinstate th@ Securily Instrument. Bortower shaD tender in a Iump sum 811 mttounts tOQ�Cd t0 __
<br /> , .�. Or'�g �onawefs account curtent irteNd'mg, to tns extent they are obe:gations o! Bortower under this Seeu[�1y fns87trtt� c"---
<br /> ° � • ipreetosure Costs ead reasonabte and customary attomey's fees and expenses pr00ertyr e55oCiated w@h t�e toreCtOSUiO �
<br /> proceeding.Upon reinstatement by Bonower,this SeeurRy Instrument and tne oDGgat�ons that it secu�as sha4 ramain in etfset tis �- ___
<br /> ' 11 68nQer had not requQed 'anmedisto payment in fuil Hov�ever, Lender is not requQed to permit rQinstatetnent H: (q Lend�1t98 ,�";
<br /> " • eocepted �efistatement after the cemmencement of forectosure�proceedings wrtAin,tw¢ years tmmodi2tery pteCedS�g th0 __
<br />� � cammeneement of e curreni tor�msure pro�eedtng, (T�)re+nstetemenl w�i�p�ee�ude torecfosare��d�N8ran1�ouAds In tho SttNre► ,�.;"
<br />.,-�,.'.` .. � Ot(i��ea�sffitement w+ll Hdv0r5ely flttBCt th0 DtiOr�y Ot th@ IiBn CfBeted by this SBCUrity instturtl8nl. �=--'�_�•
<br />`�i;�'�. � . �� 11. Borrower Not Reteased; For6�arance 6y I.ender Not a Waive�.ExtensfOn o}the tim0 of payt�tB�It d► � ,
<br /> � � ' m04ft11cation of amort'aation ot the sums Secured by this Security (nstrument granted by Lender to any suCCessor 6�f��t Of ��.�.,,
<br /> � . � Ce -�•-�
<br /> ��" � �,.." Bortower shan not operate to retease the Iiab�rry oi the or�gmat Bonovrer or 6orrowers successor a�lnterest Lendar sheD eot be.
<br /> required to commence proceedirgs agamst any successor in inter�st or refuse to extend time for paymertt or otherv�ise moQ'dy �,�_
<br /> � � � amortiratton ot the sums SeOUred by t�is SeCUrfty i�slrument by reason ot any eamantl made by the original Bortc►•rrer ar
<br />_�.��' • ' � BottOwe/'S SuCCe55ors �n intere5l. Any tarbears3nce by �ender m exe�c�s�ng any right or remedy ShBU not be e yt81v8f 01 Of �c�;'�•r
<br /> •� ' . . •• . prec►ude the exerCise of any rght or remedy. � .
<br /> 12. Successors and Assigns Bound; Joint and Several Liability; Co-signera me covenan�s end' �
<br /> � , ��"� • . agreements of thls Securtty Insmumen!shaN 6ind and beno�A Me successors.and assigns ot Lender and$orcowei.subjeCt to th9 •
<br /> � ; ,� ptovisions ot PBrzgraph 9(b�Borrowers Covenants 6�d ngreements 5han be jo7nt en0 severaL Any Boa0w0r wh0 C091ge8 tllis
<br /> �" � SBCUrRy Instn:ment C.t does not execute t�e Nq(e: {a)is Co-Sign,ng th�s Security Instrumant orty to rttortgage,�flnt tind COnYey
<br /> `�^:. .. . .
<br /> ' thet Bortowels tr.tsrest in the Property under the terms of ihis SeFunty Instrument: (b) is not personaly obllgated t0 pay th9 �
<br /> - ' sums secured Dy ihi� Securiry Inshument: end (c) agrees tnat tender and any other 9orrot�er may agree to eYtenO. mad'dy. �
<br /> fo�heaz or make any accommodatians with regard to Ihe term oi t►+is Security Instrument or ihe Note v+iUfout that BoROwffB �
<br /> ' ' •� Consent. � `:
<br /> • 13. NOUC@5. Any notke to Borrovrer provided tcr m this Secu��iv�nstrum8nl shali bo gfven by dBli+rering k Or Gy rtlBa'11g a
<br />� � ' . � by first c�ass mad untess apD��ab10 �aw requires u5e o1 anothet mpthod 7h9 nOt�Ce shali be d�teCied t0 the P�OpBtty AddI859 Ot ,
<br /> . t.,.. •.
<br /> ' . flfty OthBt 8dQt85S BOrtOW@►d8S�3[BS by nOtiCO t0 LPr.d9t. Any notice to Lender shall be gNen by fit51 C13S5 rt18U t0 LBtIdOlB
<br /> " • BQdre55 Stated Aerein o� any pddres5 lender design3t�s by not�ce to Borro•rier. Any notice p�OviQed fOt in thiS S�.ty
<br /> -..; , � InSVumenf sheil pe deemed to have been given to Borro�rer pr londer :.nen given as O�ovided in thig par8grepA•
<br /> � . ' , 14. Governing Law; Saverabllity. This Seeurity instrume•�t shall be govemad by F�Qetal Iaw end th9•td�Al 01 th9
<br /> . � .` � . jur�sdiction m whicr tna Property is ioc�ated. �rt It18 Eve�t fhat iI�Y p�ovi5ion or c�ause ct this Seeurity tnsWm9nt or th9[VOt9
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