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.. � , -. I � I ��. 102�19 ! Q) 8arow�r daiwuRa by taWnp to pay i�N!any monthty paym�nt nquked by thi�Security Inetrumant prlor to or on the due dete ot the rtext monthy paymitmt,or (i� 6oROwe► dahulta by 1�NinQ, tor• pet{od of thlrty d�y�. to pertorm �ny other ot�liydiona conU�ined in this S�cwity M�ttum�tt. � (b) 5a1� yURhaut C��dR App�aval. �end�r eha�, q penrkted py�p�licabls M►w �nd wHh tha pNor �pprav�l ot the S�cx*tarlr.n4�+ln hnmadi�te p�ymer►t In IW o!a!I the sum�ascund by!h�Soasrlty Instnimant Ih rj 11r a�p�t ot lh�PropN'ty b olilMwls�ltanshrt�d (otMt than by d�tlw or dec�t)by ths BorrowK�MM (�l� A"oPw�Y�+ ��+PNd bY tM P�rchuw or pnnt�e as Als w hK p�nary or s�cbnd�ry r�id�na�, cr tna purchsw a�ttM do�s so ocxupy th� RopKty but hb or h�r andt h�s not E�en approvW In axord�na with tM nqukwnwdi o11M S�orNary. (o) No Walv��. tl ciroumstsnch oocur th�t wauld permlt ��rtder to roquin knmedi�te paymsnt h 11i1, but l�nda does not nWin sucA p�yn�ts, UndK das�ot w�iv�R� ripht�with�rspect to aubsequent awnts. (d) Rpu�atloni of HUD S�cr�tary.lo rtw�y draxn�tanor�rr�urtiom laaued Dy tA� S��Wy wiN Ikr�N le�dar'e �hb, in th�qae o1 p+iyrt�t d�fauN�, to nquk�hmNCJ�tt�p�yment b tW and foredoa�N nat pa{d.TAh S�auily Instrument doM nM authortt��ocNration ar kndosun N�ot p�tnfibd by ny�iMtions of the$ecr�tary. 10. R�Instat��n��t. 8orro�wa�has�ripht to bi nhsLt�d N Unda Ma requked imrnediate paynNnt in tu11 b�c�uss ol fforrower's t�ilun to p�y�n�mouM du�ued�►the Not�a thb S�aKUy Inttnrnero-t Thia �M yK.�ies awn aftK for�closun proce�dk�9a ve InsUtut�d. To nin�tats tM S�axky Mshun�nt. Borrow�► �hN tmd�►b a lump sum�M �marnU r�ulnd to Min� BoROw�'s �ccount cu�rant Indudinp. to th� �dent thy an obY�fbn�W Bortow�► u�du thb S�aiar�iry Instnxn�t, tor�down co�ts and ro�sonabN and custarwy �ttanys' tas�nd��nsM prop�ty a�sod�t�d vvlth the loreclosure proo�dN�. Upon ninsLt«»�nt by Barower,thb Secudty InsWm�nt and tM obi�atlona that N s�axw shN�in b affect as if Lendw had not nqulrod Inmedi�t� p�ynNnt in 11iN. How�v�►, L�nd�r is eot r�qulrrd to p�m�f rNnsLt«n�nt ih m Lender haa �axpt�d �sinttat�t aR�r the conrn�ncement of lorodown proce�din�s within two yNrs imrtNdW�ly prec�diny tAe coRwnencarient of a curtent torrclosure proceedin�, (i� nhsUt�rnnt wM pMdad�ianclown on dMarrnt pround� in ths tuture,or(,u") reinatat�t wM adv�ety �tfect the priotity o1 tM N�n ae�t�d by this Secudly htstnxnant. 11. Bonow�r Nto! R�l�as�d; Forb�annc� By l.�nd�r Not a Waivor. Extenalon ot the tkrie oi payment or mod�Icallon of amoRaatbn W tM wms s�cund by this S�curily k�atrurt�t yranted by lender to any succesaa in htenst ol8orrower ahaN not oparat�to �etws�Ih�A�bWy o1 th�ori9inal Borrow�►or goROwK's aucceasor in interea� L�der ahY not b� requked to comrnenc�proceedinps apelnst a�y successa In interosl or rNlis�to e�ehnd tNne tor payment a�otherwls� modi(y art�o►tization of the sums securod by thls S�curity Instrument by re�son o! �ny d�nwnd m�de by the origina� 8orrowar a Borrow�r's auccnsoro in interast. My forbe�ranca by Under in exKCfsiny any�ht or nrt�edy ah�N not be a wahrer ot a p►educ3e tM txwds� ot�ny ripht or r�n�e�tfy. ' 12. �ucc�sso�s ana nssl�n� rsounci; .1p1nt and S�y�rat Llsbiitty; Co-5i�n�a. TtH oovw�ants and sp�eements .� --- of thls S�curKy InsUUrt�t shal bind�nd b�n�M th�woauors�nd uslpns of L�d�r�nd BarowK, subJ�et to ths provlslons of - _ iarsyrapn y.a. earvw�s c�venants �no a�rwnwna aflY a Joim and sav�ral. My BorrowK who casisns tMs Securly fnstrument . but does not axacirt�th�Notr. (a)b co-sl�n�p thls S�curlry Mstruma�t ony to mortpa�,grant and convey 3h�1 8arower's interest in th� PropeRy und�r th� terms ol this S�curity Instrum�nt; (b) Is nol p�nornMy obl;�ated to p�y ths su.ms s�eund by this Seeuriry .y� InstrumK►1; and (c) ay�as tMt Lande►�nd�ny other Barower rraiy ayre�to extend,modiy, torbear or m�ke�ny accortx�►ocfatlona wfth . � n�rd to the tertn of thb Seanily Inatrument or the Not�wllhout that BortowK's consent. i 13. Notic!!. My notia to Borrower provid�d fa In thb S�curity Inatrument shaN be 9iven by deivaRlnp p or by maiNnp il by first d�as mail ur�Nss applic,abl�Mw rsqutes us�of�rwth�r m�thod. Th�notia shall �e dirocted to th� pRpp�Ay Addraas cr �ny other �ddrvss 8orrow�r destpnates by noUce to L�d�r. My noNc� ta Lender ahaN be �iven by Rrst d�as m�l to Lender'e � addreaa �tated hereln or an �ddress LendM ? Y d�sipnatp by notlw t0 8arower. My notice provld�d tor in thh S�eurky InlUument sl�aN b�d�rNd to hw�bean �Aren to Bort�owK or Let�der when yhnn as provldsd In this para�aph. � � 14. Oov�min� �sw; Sov�T�bility. Thf� Seeurlly Instrurtwnt shN be 9ovamed by Fed�ni i�w �nd the 1aw oi the �dsdiction in which th�P►opeAy is locatsd. In tha event that�ny provlsion or ciause of thls Secx,rity Msuumer�t w the Note eonfGcts �� wilh appNcable I�w, auch contllct aM1 not�f(sct oth�r proriaiona at this S�curity InsUument or the Note which c�n be g;ven efteet � � wfthout tAe conlNcUny provlsion. To thts end the provlslon�01 lhfs Securily Inatrument and the Note are declared to be severable. 15. Bo��ow�r's Copy. Borrower shall be plven one contortned copy o!this Securiry Instmmertz. 16. Assl�nm�nt o! Ronts. Borrower uncondition�Ry aulgna and transfers to�ender aN the renta and rerenues at the � Property. BonawK authorizes lende�rr a LendePa a�ents te ea�ec9 the renta and revenues and hereDy directs aeh tcnani of the • PropeRy to pay ths ronts to Lender or Lender'a��enta. Howevar. prior to Lender's notice to Borrower of Barewer's bre�ch ot a�y oove�ant or agreament in the Securiry(nsLument, Barower ahaA cWect�nd receive�II ronts and revenuea of the Property as trustee tor th�benefit oi L�nder�rt0 Bortower. Thts asaiPwrNnt of ants oonstltutes an �bsolute �ssignment�nd not an �ssigament tor addrtional securily ony. H l.ender qives nodcs of breach to Borrower. (a)a1 nnts reowlred by Borrower shaM be�eld by Borrower�s Uustee for benefit of Lender ony,ta b�applied to th�sums secund by the S�uriry InsUummt; (b) Lender sAaN be entitled to coN�ct and�eceive au of th�r�nta of the PropeAy; and (c}e�ch tenant ot tt�e Propaty shaN pry aN rents due and unpaid to Lender or Lender's ageni on Lender'a written demand to the tenanE. Bar�ower has not exeeuted any prio►assfpnm�nt of the rents and has not and will not �erlorm any act th�t would prevenl Lender � � trom extrdsing its ri�hts under this Parapraph 18 Lmder shaY not be requked to enter upon, taice conVOl 01 or maintaln the Propertyr betore or atter g�ving noUce o1 breach to Borrower. However, Le�der or a jud+cially appointed receiver may do so at any tine there is a breach. Any�piicttinn of rentis ahall not cure a w�ive ��y detauR a invalidate my other riyht o�remedy o1 Lender. This assi9nmertt a! renta of the F�operty ahaU term;nate when the debt secured by the Security lnstrument is patd in fuY. � L17. For�closur� Procadur�. M Lend�r r�qulr�s Imm�diata payment in full und�r Paragraph 9. � Lo�dar may invok� th� pow�r of al� and any otF�r romQdles permitted by app1tc�b1� law. Lender "t shsil be •ntftl�d to collsct all �xponsss Incurr�d tn parsuinp the remedies provided In this paragraph � 17. Includinq, but �ot Ilmit�d to� roasonsbl� attorn�ys' t�es and costs of titlo evidonco. If ths power of sal• ts Invoked, �rusto� shall �eco�d a nolice of d�fault in each county in which �� Pc�� o�5 �`A�lfit p.tr'au� 2�G:7("�53 � ---- - _�—— wmR:.�7� .i�.—'1'.'$"9&F''�tf"�'$i"��- . - . —.. - •;��TT'�'�14��r$;�?��"`'��r..,, �, ' -� ,. , . . �. 1 U / � 4 c t+ 'v - . � �"� ...-.s..,�o u -ai.a... "—----- --„7yc-----. _ '�'�;:�vl.};°c5r--�--_`v`�v.�~ -_— —-_— —- —-'— —_-- .