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�� • �T. _ __� i� �sj _ -- . I . I f.GroY�tot Acce�enUo�o�peet. r'V��!��i � ' imm�diate�psvmtnt n full oi ali sums su;ubeilrby lh�s Security lnss u�rn ifc�ry in tho cass of paYme�1 dei'aahe, require (i)Bonav�st def�tults t+y failin=tu FnY in iull any manthly payme•�lt required by this Security Instruinent�cior to or on �he due cl�te pf the next monthly payment,or � ({i)Boircower defaulte by f�ilinj,for a period ot thirtg days,to prrForm any other obli�ations contanned ira thi�Security ltutramettt. (b)S�k WilYs�!t�`rtif�A�priwal.l.ender slwN.if pamit�ed by appl3cabk law and with the pric+r appraval of t1�c Secretuy.reyuire inrnodiate pymait in full of�11 the euma secured by this Serurity Iibtnuaed iT: ' (i)A!1 a Peit of tl�e Pnrpetty is otixrwlx tnn�fert+ed (ather th�n by devise or descentl Dy the Borroaer.�nd i (ii)71�e Pro�paty is r�a�oecvPied bY�he P�rclux�oc�ntMe�e as his or lxr prirt�ry a semnclary resid�n�r.or ihe pu�hue�or � �doe�eo oa�+y the PropeAy but Ns or her ccedit hts nat!been ip�pwed in acmedw�a w itt�the�S of the Secn't�rY- � (e)N�Watrer.lt circumstances occur that would permit Lender to requlre immedi�te Myment in full,but l.ender does not � re�qulte�uch paymrnts�1.ender doe�not wdve it�ri=hts with respect to subsequent evonts. � � (a)R�{�INr�t NUD Seeret�ry.in many circumstanca reaulationa iuued by the Secretary will timit Leader'i righta. n tHe pae pt payment det+utt��to eoquire immediate paymertt in full and f�reclose if not paid.This Security Instrument does not 1�uthoriu aaxkratkn or foreclosure if not permitted by resulations of the 3ecrri�ry. 1�. �MMNe�1.Bono�er h�s a ri�ht to 6e reinstated if I.ender has reyuired immediate p3ymmt in iull because of Bo�rowKr's�Wure to psy sn amount due under the Note or thii 5ecu�ity instrument. This ri�ht�ppGa even after foreclosure � pra�edinp ue instituted. Ta reinstate the Security Instrume�t.Borruwer shall tendrr in a lump sum all amount�re4uice�a� . belns Hotrower'a account curcent includin�. to the eatent they are oBli�ation� oi Botrawer undet this Securitq test�,:r�emt. � toreclo�uce cosb and reasonable and customary attorney's fees and eapenses properly associated w-ith tbe fM�t�sure prooeedini.Upon reinsutemmt by BoROwer,this Secudty lnstrument and the obli�ationa tb�t it secures aha21 reeaa:..�in efftct ss � if Lmder had not required immrdiate payment in full.However.Lender is not required to permit reinstatement 69':�l.ender has � accepted reinstaternent after the commencement of foreclosure ptoceedin�ts within two yearo immediatety precedin� the commencommt of a curtent forectosure praceedinj, (ii)rrinstatement wip prec{ude foreclosure an ditferent grouncfs in che � future.ar(iii)rdnsutement will�dvetsely affect the priaritY of the lien createa by thi�Security I�strumenl. ' Il. �orrawer Nol Reknel; For�eu��ee dy Le�er Nat��'d�er. Extension of the time ot pxyment or modific9tion of i amortittdon oi the sums se�cured by this Security Instrument granted by Lender to any succ�ssor in interest of Borrower shall not operate to relezse the liibilily of the ori�insl�orrowct or Borrower's successor in intertst. Lender shiil not be required to � commenee proceed�np sislnst any successor in interest ar refuse to extead time i'or payment or aherwise modify amortizac�n ' of the sums secured by thi�Security Instrument by reason of an? �+emand made by the vriginal Borrower or Borravre►'s I successots in inttrest.M�+ forbeatance by l.ender in exercising a�� right or remedy sh�ll not be a wai�•er oP or preclude ehe � ea�acise of any ri�ht or remedy. — - . �. ��„�;3�_��M��M�t a�d tieren! 1LWity:Co•Si��e�s. The covenants and agraments of this Securiry �_� lnstrument sMi[bind�nd benef it the successors and assigns of Lender and Borrowtt.subject ro the provisions oi psi�aph�.b. Bormwer's covetiana and �tteements shatl be joinl and sevetal.Any Borrower who co•signs thi�Security Instrument but does �`- not execute the Note:(�)is co-si�nin�this Security Instrumen� on;y to mortgage.grant and convey that Banow•er'e interest in _ - ---� iife C'(V�1q'ty Ltttici inc�c�noGi i:i�'a v.�:.Si'�:�:5�.°�!f•.dlR.'�«1'!::�'!ic nni;,�r�,nulty nbliRited tn eav the sums aecured by this Securiry = � Instrument; and (c) ajrees that Lender and any utUtr Bnrr�urr �.�ay agree to exiend, modify. forbeat or mzke any aecommodatioaa with re�udco the term of this Security Ins:•.��r.ent ��r the Note without that Borrower's consent. • 13.NMiea.Any notice to Borrower provided for in this Se:urity Instrument shall be gi��rn by delivering it or by miiting it by _ firat ctas�mai)untea+�pplicable taw reQuires use of another me�h�xi.7he natice shall bedirected to the Propeny Address or any _ � other address Borrower desi�nstes by notice to l.ender.Any notice to Lender shaU be givcn by first class mait to LendePs addras stated herdn ot�r►y�ddress Lender dssi�nates by notice to Borro��er.Any noiice provided for in this Security Insttuastnt shall be Qeemed to have been�iven to Borrov�a or Lender wheo�i�en as provided in this parageaph. 1�.Goy�r�Laa;St�renbitilY•This Security Instrumcnt shall be qoverned by Federal law and the law of the jurisdiction in ' whkh lhe Froperty i�located.ln the event thai Any provision ar clause of this Seeurity Instrument or the Nate con flicls with ap- � plicabk law�sueh confiict: sfi.all not affect other provisions of this Security Instrument or the Note wt�ich c�n be given etfec� � ' without the conflicting pro�ision. 'To this end the Rtovisions of Ihis 5ecurity Instrument and the Nole ere decltred to be � . • aevorable. :� , LS, �onowet•� Co�y. Borrower shalt tre gicen one confo:�ned copy of this Security(nsiru:ttenl. � �,y ' 16.A��rt�t o1Re�ts.Borrower unconditionaUy assigns and transfers to Lendet all the rentsand re�er��r of tht f'ropeny. ` Borrower authoriza Lender or Lettder's agents to coi:n:i the rents and revenues and hereby d�ra!s cacltt�w^t of the Propeny tp pay the retets ta Ltnder or l.ender's agents.l�owe�•er,prioc to Lender's notice to Borrower af Ba:rov�ei s 6reacb of any coce- . aant or agteemrant in tfie Security Insirument,Barrower sfiall collecti acr�1�eceive all rents and reti•eaues oi ihe Propeny as trustec for the benefit of Lender and i3orrower.This assignment of rents consci�utes an absofute assigcemm[and not an assignment fnr additional security onty. � lf Ltndtr gi�•es notice c�f CteaCh to Borrower:(a)all rcnts tcceived by BorroK er chalt be he1Q by Botrower as trusta for t+enefit of l.ender only.to be aD{atidlto the sums setured by tht Secutity Instrurtient;(b)Lender shall be entitled to co0ec: and receive all , oi the rents of the ProDerty;and(c)each tenant af the Proprrty shaft pay all rents due and un�Jaid to l.ender or Lender's agent an Ltnder's wTittcn drmand tv st,r ta�si�t. • IIortower has not exese�itd any prior assignment of the tents and has not and wili not pe�.°ocm any ac� that v�ould prevent f+..rnder from exercising i�a+nghis under thes par��trapl2 k6. � Lendet shall nut be tequited to enter u�n,take ca�E,ol o(or maimain the i'eegeny before�r afcer giur.�r�tice ot�reach to Borrowe[. Haw,e4•er,Lendet or a judicially appointed recei��rr may Ca so at any ume there is a�reach. .Ir.: apniication of rents ' stsa�..�not svr cx�aivs any defautt or invalidate any other rigM ar T�cne�dy of l.en�fer.Th:sa�sc�rr.ient oF rents of the �'roper.y ,___-___ �hal!terminate w hen the debt secured by tht Security Instrumcnt is paid�n fult. • � � � �� � o � r ,,. — --- I I'v � + + � _�.' �r.�� �r., � .i �1�.,�� , ; . � . ._ _ ' _ .�..rr"i9!�S°,yrP�L Y".-3 - . . ' . '�__--• -. -• .. . -___•�_ --.��._....-.._.._-._._�..�.._ .._... - - . . •-�-•-�-"4r,'^,^_-.�"-C^'^Y�'-. _,-�Tr.i--S�,.,,:...^-�--.-.. _.� ..1't x '�j�,g''�lr ,; ' }L�t�+s�kt '�.rY,.-,,, ` _' :>!'� . ` - . . .. ____ ' . _ . , . ' ��' .. . _ � - .. . � .. _ . . , 4 , _ ♦ . �.