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<br /> �. �: (i)All or part of the Pmp�ty,or a beneficjaT inteRSt in a trust oamiag all or part of the Propeity,is sotd .
<br /> or othecwLSe uansferced(other abaa by d�vtse or desc�ent),and
<br /> ..�' <. • (i�7'►'he FraPenY is aot aoaipiod by the pnrc�a��r or grgntee as his or her prmcipai r2sfde�nce,or ths
<br /> � � � f�:, y giurbaser or gi�tee does so oaupy the Pcopes'ty► b�u t�is or her ccedit das aot been appmved in
<br /> ; �..'.. ..=. :. .
<br /> . . ' ,: � aceordaase with the reqirire�s of t�e Seccetazy. .
<br /> . - (c?No Weiv�r.If c�sumstances oaur that wonld permit Ixadar w m.�ite imm�iate paymeat ia full,but ��
<br /> --- �-4-; � I�asier doss aot�ire sucd�paymerrts.Leader does ant waive isa dghts witL iespect w subsequent events. - -,-
<br /> �T �"' ' • � ' (d�&te�olatia�s of fl�JD Serret�'ii. Tn m�y ci�te�ulazions issued lry dte Secreta�7►w�l limit
<br />- � I.endra's iigi�ts,in the case af pay�eent defanIts.to require iffimediate PaYment ia fnll�d for�clos$if not
<br /> , - '��: .` � paid.T6is Se�auiry Tnsunment daes not�thorue aocelerad6n or faieclosare if aoi ge�tted bY iegulat�ons .
<br /> . • p� of the 5ecc�tary. .��
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<br /> fe)Mastgage Not I�.Bomower ag�es tl�at`if this SeiauIty Insaument aIId the Note ar�not det�mined� �'�`.
<br /> . �� :�.; w fse eligib2e fot insm�ce ander the National Aousiag Ac[�uithin 60 daqs fmm the date hereof, Lender � ;
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<br /> - m ihll of all sams secaaed by this S�arity.Instr�t. A -"'�"
<br />= - . ' � . may,at its opifon, r+eqaire immediate FaYment �
<br /> `���� wclueu sta�ment of a�r atuhoriz�agent bf the S�aty dat�sabsequeat to 60 days,fmffi the date her�o#,
<br /> .r declining to insure this Seau�tY Insnuma�t and the No'.� sbaII b� deemed ca�s.�sve Proof of sucb
<br /> , ,:�`.� . inrJiS►b�its►. Nomltbstan�tng t�e faregoing, tbis opii� auay nat b� �exen�ised by E�nder wheu t�e
<br /> • ,';,..�� unavailabilicy of iasurance is solely due co I.�nder's fa��m rem'sc a martgage msataaes pnemimn co the .
<br /> :�;��i:�"',.', SecretaiY• . • :'
<br />- 'z�;..;r>;:.'„ 10.Reits�tat�t�t.Efi�rmwer has a rIgbt fo be ieinstaied if L�ender has tequired i,n,ne�1;�P p��t an fiili ,�<.
<br /> - .�.
<br /> '<:�<<:4:,.;:,.:._:��_ . . beeause of�a�er's fa��e to pay an amaunt due ander the Note ar this Seauity Instrom�t. This rtghx apglies �_',°,-
<br />-� . . ` . . �after foreclosme proc�edings a�ins�.To:einstate the Secariry Insuum�nt. Eoaawer shaU teader in�� ' �. ::
<br />_= � ,��. '�°� �timp sum all amonnts�ed to 6rub�ormwer's�axount curre�t iactuding,w�he exteut ttu.y ure obligationa of �';`.``
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<br /> ` . , ' ., � " Bormwer udder this S��su�t,foserlas�e c�and rea4onable aad�ary attameys'fees ansl er��enses �.:_
<br /> - P�P�Y asso�ed cvi�1 t�rOSeeIoss�pmceed'mg.Upon ieinstatemeAt t�y P�,.��f.tius S�.S�.qriiry Iss�t�� _�
<br />- the obligations that it s�shall � �n effect as if l.ender Lad not req�ired immediate payment ia fuU. � �..
<br />- � . . However, Lender is noi requited to permit reiastatement If: (� Le�der haq accepted reinstatement after the �":_.:
<br /> ;� .�, comtneacement nf foreclosare preceedings withln two yeais immediately preceding the commencement of a current s ;-
<br /> . . foreclosare proceeding, (iij reinstatement will prECiude foreclosare on diff�rent gmaads ia the futnre. or ('ii�� �
<br /> •• �:' .�' rei�statement aiU adveisely affect the prtoiiry of the lien cseated by thia Security Inst�tmuem. • � --�
<br />--; •,�:�'�. . : 11.Bormwer Nat Released: Foibeseance By Leades Not a�Pai�cr. Fa�tensloa of the tIme o�Paymeat er a��
<br />-- . � . � '� madjficztton of amartiratlon of the sums sec�ure�by this Security Insuu�ent gtauted by Lender to any successor ia �. .
<br /> �• '�� inte�est of Borrower sLaU not opeiate to reiease t�Iiability of the ortginal$onoaer or Bormwer's sucCessor)n
<br /> ;. . �� �..;, -
<br />~�+ :� interest.I.ender shaU not De uir�to oommeIICe pmoeedings a�inst su�r successor in interest or refuse ta extead �
<br /> : �! �.;:,:�
<br />.— • •.• '��';,'1••��:i ti.me for paymeni or atHerwise madify amortizatlon of the sums sec+ued by thia Securiry InsuuAttnt by=eason of a�}r . �--�-_
<br /> . . ,.,..
<br />_ : . � Qemand made by the orlginal Bormwer os BomowePs successois in interest.A�r fotbearance by I ender in exercising ���� ,.
<br /> a�r rlp,Tit or iemody sAall not be a waiver of or p�eclude the exer�Ise of aay right or s+emedy. �,: ;:°
<br /> _ . :� ]2.S�ois and Assigas So�d;do�nt and Seve�a!Yd�bi�tty,Co-SIgne+s.The cavenants aad ag:eements .
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<br /> _- . •j;• �:- of th9s Securiry Insuament shaU biad and Denetit the successflss and asslgns of Lender�d Barm�ver,subfeot to t�e
<br /> - � . h 9 .Borrovier's oovenants and shall be oint an�several.A�r So�ower aho �.� �_�:
<br /> ;.. ., provislons of Paragrap (b) � 3
<br /> co-signs this Securiry lasuumens lsut dues not ex�cute the Note:(a)is casi�ing this Sewriry Insawaent onty to
<br /> -.# ' mortgage,gnm and comrey that Borrowar's uuerest in[he Pmperty under the terms of this Secusiry ,�+ent;@)
<br />;>;�� . , .. ., ia not pezsonalty obligated to pay the sums s�by thia Securiry Insaument;an0(c)agrees that Lendor anA any =
<br /> ;r ':. . . other Borrower may agcee to extend.modify,farbear or make�y accommadaztons witi�regard to the terms of tbis
<br /> - .. .. Securlry tastxoment or the Note without that Borrower's consen� . . �
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