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:k.�a�r'.tE�F��ti e . ..,. �' �c�y�ti ':-i�vzcc� t `� e il� de�i�i�'YF�D.:..4143i 'ae?+4�SiYtS....•�.�C��to���w+.>.��iiTE�� 1�. �_...._..,._. <br /> � .. .. . . <br /> py . . . <br /> � _�a�er . <br /> _ ,...��.��.�..�.-..ris � a � s=.- ...i .nLi" �fk'F�� . ' � 71i� '�'��7`1���l�i�Pe�.1 T`' ��oE��_��.��� -- <br /> _— '__ _ '—_' �'_'_ '__ __ _ _ ___�____'_"' <br /> - .,. <br /> � _. ..—'_'_' � _" __ _ _ '—_ ... .. _ _' ' __ �� "" ' _—_— "'__ "—"_'--_'__ -' _ — �_ <br /> 9 Cra��s[or AaYk�tb�a!Dei� �•�...1 tI15 91 - <br /> ts)Deft�[t.Lender may.e�csept as limited by regWatioas issued by the Secrctary in tht case of payTnrnt defau(ts.require <br /> ' , � immediate payment in fuli of ail sems secured by chis Security Insuument if: <br /> (i�Borao�rer defaults by failiag to pay in full any monthly payment required by this Security Ynstrumeat prior to or on <br /> the due date of t�e neat atonthly payment.or <br /> r (u'�Borrower defaWts Ey fa�7ing.for a period of thirty days;to perform anp othu obligatioas contained in this Security <br /> � Instrutnea� <br /> ' (b)SNe Wiifoat C�+eait AppnvW.l.ender sl�all,if pamiGed by applirrble!aw and with the priar appmva!of tlie Socretary �uice <br /> _ '�ed'iate.PQYmmt ia fuQ of a11 the s�s sawod by this Se�vtity Tnstncmem i� , <br /> ' {i)All or pace nt the Pmpeitg is athera�ise traasferred tather d�an by devLst or descmt)lsy+thr Boccawa.and - <br /> . fn�7'he Propeity is oot oaa�pied by the purchaseres�giaatee as his or ber pmnaryr or secondacy residma�iar�e paccbaser or :;`,:'�. <br /> , gt�aoeedoes saasupy tf�e Pmpary bat hisor hercir�has aot ban�ppmved'm�adano�wrtbd�e tequi�5�i�e 5ec�mtt�_ �.�'� <br /> • . . ... _ :i�. <br /> fc)No�k�I�aa�m�ancssa�.�r�ata9�i��.���n��'t��".,�=i'r^�r"'�a'�tragrr�ra�mi!�r�:��i:�-::r:�es:�t' � � .? -- "' <br /> -ze�su�c s�6'��•*'�.�xnckr�rees n�x:.vvaive ias�ts wlth respett to sa�r�ai tr�n�. ... r.�' <br /> :,�`::� ,:.�: : :��d)R�Liloat of H�.�SSertttar�:fa.t�a�y;��ar�^�*�a++ces reg�ilations issaed by the Sa:rttary w�711isnit�:�ader's rights.in <br /> '• "� ��;;=:,� `- thr case o4 paymeat defaiuIts.to req¢�immodiate payment in full aad forectose if not paid.This Security Iruuument does <br /> � aot authoriu acceleration ar foreclosure if not permitted by regulations of We Secretary. <br /> , 1�. Rehshte�nE. Borrowec has a right to 6e re3nstated Qf Leader`has aqu'ucd immediate paymem in full because of <br /> • Rorrowe�'s fa�ure to pay an amount due under the Note or chis Serurity Instrument.This right apglies evrn after forcelasure <br /> proceodings are instituted.1'a ainstate the Staarity instrurnent,Harrower shafi cendu in a lump sum all amounts required to <br /> 6rin�Borrower's accouat currcnt including. to the eatrnt they are abligations of Borrawcr under this SavrIty Instrument. <br /> forectosare costs and reasonable and c�stomary atlorney's fea and eapensss property associated vrith the foreclosure <br /> ' proceeding.Upon reiost�ttemmt Dy Bon�nwer.this Security Instrument and the�bligationc th�t it secures shall remain in eEftct as <br /> iP Lender h�d nat tequired immediate payment in full.Hawcver.Lender i9 not required to permit reinstatement if:(i)L,endcr Ifas <br /> �eeepted reinstatement after the commencement of foreclosure proceedings within two,yeatx immediately preeeding tAe <br /> , � commencement of a currcnt forectosure procading,(ii► reinstatemene witl preclude farectosure on different grounds in the <br /> future.or(iii)rcinstatttttent wil!adversety affert the priarity of the lien created by tt►is Security lnstrument. <br /> . if.�orrower Not Releaed;Forbeara�ce By I.eadtr Not� W�ive�. Extension of the time of payment or tnodi�csition of <br /> amoni�tton of the sums secured by[his Security Instrument granted by Lender[o aay successor in inteust of Boaower shall not <br /> . opecate to retease the liability of the origiaal Barrower or Borrower's successor in interest. Lertder shall not be rcquired to <br /> commeace proce�edings against any successor in interest or refuse to extend Gme for payment or otherwise modify amortization � <br /> of the swds securaf by this Security Instrument by reason of any demand made by the original Bonower or Bonower's � � <br /> successors in iruerest.Any forbearana by Lender in exercising any right or rcmedy shall not be a waiver of or preclude the • � <br /> exercise of any cight ar reaicdy. <br /> u.S�ecesoes ud A��q Boti�td;JoLt aad&veral Lhbii�ty;Cu.S�ntn.The covenants and agreemeats of this Security }-�-`'�- <br /> Instrument shall 61nd and basefit the succcssors and assi s of Lender and Borrower.sub ect to the provisions of ara ���'�,;• '. <br /> � 8� ) p graph 9.6. <br /> ; Barrower's covenants and agreemenu shall be jaini aad aeveral.Any Burrower who co-signs this Security Insfrument but doas ���"•= <br /> not acecute the Nata:(a)is co-signing this Security Instrument on"ry to mortgage,�ant and convey that Bonower's interest ia "� -• <br />: : the Proy+erty ander the terms c►f this Seruiity lnstrument;(b�i�n::t pessonalll abJigated to pal the ssr,�s se�re�by this Sccu;�ty <br /> � Instrument: and (c) agrees that Lxndsr arsd any atla�r Bor.awer may agree �o extend. modify, faabras or make any ;:�;. <br /> � accammodations with rcgard 4o the ttrae ot this 5ecurity tnsc:u,,ient ar ihe Noie without that Borrower's carsen� ,,-����::.� <br /> :;�!:� <br /> l3.NWkes.Any notice to Bonower pravided for in this Security II�suument shall be given by delivering it or by maiting i�.by ��� <br /> first class mai!untess ayplicable law«quires use of another metha�.'II?ie norice shal2 be directe�sa the Property Address or any �� <br /> atheraddress Borrower designates by rtotice to Lender.Any notice tc��.ender shall be given by�irsi ctass mail io Lender's address _ F�: <br /> stated herein or any address Lendcr designates by notice ta Borrower.Aay notice provided for in this Security Instrument shatl !� <br />_ be damed to have been given to Borrower or Lender when given as provided in this pazagraph. � h� i <br /> 14.Govetai�Lt�v;9everabWty.Thns S^.cus�ty lnstrumeat shall be govemcd by Federal taw an�ehe law of the jurisdiction in ,�- ` <br /> whicb the Properiy is lacated.In the evert that any provfision or clause of thia Security Instrument or the Note conflicts with ap� l� '; <br /> plicable taw,such confl9cc shalt not affect other pravisions of this Security Instrument or the Note which can be given effect '` <br /> ; without the contlicting provision. 'fo this end the pravisions of rhis Security Instrumont and the Note are deciared ta be +�s;•:�:�� <br /> severable. � :;,,�, <br /> �... <br /> Li.Borro�reT's Copy.Bortower shal!Q�e given ane canfc.med cqqy pf this Security Instru�ent. ���''�'. � <br /> ,,.... <br /> i <br /> 16.Aseipmeet oi Re�w.Honower unwnditionaliy as�igns and transfers to Lender all thc rents and revenues of thc Property. <br /> � Borrower authorixes Lender or Lender's agmts to coflut the rents and�cvenues and hereby directs esch tenant of thc Properly <br /> , to pay the rents ta Lender or l.eader's agents.However,pdor to Lender's notice to Borrower nf Borrower's breach oF any covr• <br /> nant or agreemeet!n the Secnrity Instrumcnt.Borrower shal!collec!and receive all rrnts and revenaes of thc Prdperty as ttustcc <br /> for the beneGt of Lcndu and Borrower.This assignment of rents constitutes an absolute assignment and not an aasignmonu�for� � <br /> � edditlona)securlty only. <br /> . . . .._..__..._ . ._... <br /> ���-�- �----- � - -If l.ender gives nmice of breach ib Boirbwet:(a)all reiiis"ieceived tiy-Borrowei stia�l tie hefd tiy Borrower es trustee for benefit - <br /> o!'Lender only,to be ayplied to the sums secured by the Security lnstrumeat;(b)Lender shall be entitled ta collect and receive alt <br /> uf the rents of the Property;end(c)each tenant of the Property sha11 pay all rents due artd unpaid ta Lender or Lender's agent <br /> on Lender's written demand to the tenu». <br /> Borrower has not executed�ny prior assignment of the rents and has nut end wili not perform any act that would prevent <br /> L�ndet from exercising its rights under this paragraph 16. <br /> l.endet�hall not bt ttquired to enter upoi�+�take contro]of or maintain the Property before or after giving notice at brcacb to <br /> 8orrawer.Howtver.Lender or a judiclally nppointed receiver may du ea at any time there is a breacfl;Any applicatlon af rcnrs <br /> shail nut cure or waive any dete�ult or invalldate any other right�r remedy of}.,ender.This assignment ot rents�f the Property -_=_- <br /> shall te:m9nate when the debt secured by the Serurity lnstrument is pnid in full. . <br /> . ;, <br /> , , • � <br /> , .. . , <br /> . _ . J . . . _ .. .. _ _ . . -�#,- <br /> 1 <br /> ��� <br /> _ � � <br /> . � _ <br /> . . <br /> . t�„�� ►„r� -- _. ..... _. _.. ._ � _ ._. �. <br />