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<br /> • � � . _ !:Cta�t��loa�lentl..�t nilr. ; . � �� ���r 8�r 5 . . � . '
<br /> -- - --- -- �}D�if.L et auY.a�ept��3 t�fted by�isstte3 isy ti�c�ur ti�c a�of yaya«nc defaafta.reqaire _ _ _. _- -- -
<br /> � immadiate P�J�t ia fiill o!all wmi aecurcd h�this Sec�rtty iastrument U: ` � '
<br /> � � (iy Borro�res defaWts byr fiiW�to pay�n iuU mY moathJY D+�Y�etSt requIred bY this Suurity tastrumeat D�ias co�on , .
<br /> tf�e due due ot ttre nezt monthly payment,or
<br /> . .-� � � ` , tg;Batr�aletin�s tY�si�,for a pct�att�ty dayrS.ta�erform m}�her ohli;stlsas taataiaed i�tt�is Savdty � ;
<br /> . . IafKtumea� , � .
<br /> , ly Sic Wrlrt�A�/irwal.i.e�det eh�0.if P��7►�PD�ia�v aod�vite the prior�ppcov�{of tbe Sec�y.�eq� .. •
<br /> � . immed�e p�e�t iie . of ag d�e sa�aecmed ty thes$awrity�i� •
<br /> - ' , (�l A@ ot pR of�e!'topeety is mtsenrbe aaocfened(aHq�tb�n by deviae a daoe�t)bp tAe Batawes,and ' ,
<br /> . C�'lle P�npelty it�at uo��pied by�puc�aer a pal�+e�s ha�6a pr�ory or ee000dry cesideeoG.as die pucchaer or •• ,
<br /> . _ �e�■I�e doa eaay►�pY Q�aPno�petty Dat 6[s ar Mr aai3e hs mt ba�n appuuad in�oeai�eoe w�i�fie e�eq�o[e�e Sm�y- . .
<br /> . (e)Nti R'�t�r.If dreumwaca occur tbat wouid permit Lenda ta reqnire immediats psyaunt ia fuD,but Lendu does aot . '
<br /> , � . re4uk+e sact�Day�m�u.Lender does na�vttve iu�ht�vv�th rapect to subseqoeat eventa.
<br /> . , (i)wept�IM��E HUD�!.tn mmy dre�nstanas afutatlom issued by the Seaetary will tsmit Lender's ri{hts.in �, „
<br /> � ' • ` tLe wc ot pymKnt defiulte.to requlre immedine paymeat in full and forocbse if nat p;id.This Sesurity Irstncment daes
<br /> ' not aut6aize�ccderation or foreciosure it aa�pe��tittaf t,•rspitai n�of che'eaetary. .
<br /> � - 1i �It■�� Boir�n�rer 6as s ri�ht tc be rdnstated if l.ender bas tequircd itomediate p=yiatnt ia fuU bownse of '
<br /> ° Borro�e�'s iaila�e to psy a�a,n�un[due uada We Nae or d►h Securicy instrameac•Tlus rijht spplies even after tocecloziuc
<br /> i . prooeedinss ue iasdtutM.To«Instate t�e Sacurity Iaurumrns.Baaowa shail ta�der ia a tsunp sum all amounts requir�to �
<br /> . ; brlaj Haro�rer's�ccount cutcmt incitsdiej.to the extent they�re obli�ttions af Borrower uaQa this Secutity(nst*++�++s�+t, �
<br /> totecfewre ca�s md re�sonabk and cuatomuy attomey'a fea and a�penses propecly assoclated with the foroctosun '
<br /> prooeedins.Upas�ceinstatement by Borroxer.this Savrity Instrumeat and the o6lisations t6at It sa:ures shall remam in eftec�as �
<br /> � ` J L�eader 6ad nat roqutred immedtate payment fn fuIl.,Ho�svcr.Lrndu is not�eqnincd to permit reinstatemrnt it(i)Lender 6�s '
<br /> � . ac�epted reiastatement �fter We commeacemmt o� forectoswe proceedlnp within two yars immediately pta:eding t�e
<br /> ; comexnatnent of�zurrent torectasure proceedins,(i�7 relastateme� wiU pmtude faralosure on different�couods in she •
<br /> : future.or tiii)reiaitatetnent will adverseiy affcct the priority of the lien crcated by�his Security Instrument.
<br /> , • 1!.Mrer�er NN Relea�et;F'otfe�niace S!Leyer Not�Wrrer. E.�tensfon af the time of pityment or�ocfificatian ef
<br /> amortlutiop of the awas aetured by th{s Security tnstrummt pantad by Lender to any succasor in interest of Banowa s6all tiat
<br /> operate tv rekase the liability of tht ori�inal Borrowtr or BorrawePs successor in intenst. Lenc�s sh�ll not 6e rrquited ta �
<br /> sonueeece p:oce�dinss ataiast�ay succuaor iA lnterest�r�efuse to a�tend time for piyment or otherwise modify amartization : �
<br /> , � � ,, � of tite sums secured by this Saunty Instrummt by reason of any demand maQe b��the ori�inal Borrower os Borrowet's ;
<br /> , aucces�ars in intecest. Any farbtarina by 1.enQet in exercising any riglit or remedy shalf nat be a waiver oi or p:alude the
<br /> � exercise ot aay risht ot remedy. �
<br /> � 12.S�eas�s n/Ailp�/o�Mt JotU aM Seren{LdaiWh�:Co-fi1t�s.The coven�nts anQ a�graments of this Securi� • .
<br /> tnstrumeat sht(!btnd and 6e�tefit tlu:ucteuors and�+igns of Lsnda artd Banowa.subjest to the provisions of paragrapb 9.b. -��-.-
<br /> Borrowa's covea�ata and ajraments ahall be jolnt and acvcral.Any Borrowcr who co-signs this Securlty lastru�nt but daes �
<br /> . � noe eaccuce the Nao:(a)is co-si�ain=ttw Security Instrumrnt only to mortgage,gr�nt nnd convey that Botrowrr's intesest in -
<br /> ' the Property unda the tetms o!this Security Irtstrumen1;16)is rtot persorully obU�atM to pay the sums setured 6y�his Security . ' ' -
<br /> Instrumta4: ond (e) yras th�t Ltnder and any other Borrower may �ra �o �Mend, modify. fortKar or make any
<br /> � ` accommodations w(th re�ud to the term of�his Security Initrument or the Nate withont thac Hotrower's consrnt. _
<br /> � !3.NMiees.Any natice[o Barrawet provided for in this Saurity Instrumtnt shalE be glven by deliverina it ar by mu7in�it by ' '�
<br /> ti�st cta�mail unkss applicable[�w requira use of another method.The notice Ah�!!tre directeA ta[he Property Address or any �
<br /> ' othet addrrs�Borrovrer Oaigrwtes by notice fa Lender.Any notice to LendeT shall be g,ven by 6irat clasa mail to Lenda's ad�ress '
<br /> � ' sttted haeia or atcy addrcs�Lenda de�i,�nues by notia to Borrower.Any notice pravidcd for in thi.s 5ecurity Instrumetu shall �
<br /> , � 6e dermld to h�.��e been�iven to 8onowrr or l.ender whep given a�provfQed in ihis pu�gnph.
<br /> N.C�n�Law;8ae��Wt�.This Se�urity Instru�crt shall,fx govcmcd by Fedcral law and the law bf the f urisdictioR in
<br /> whicb the Propetty is locat�cd.In the event that any pravis;��or ciause oi this Security l�strument or the Note conflicts with op-
<br /> ' pllqbk law.�u¢h eonNet shall not dfect oiher orovisians ot�his Securiiy Instmmmt or�he Noce whicb can be�iven effhc
<br /> . without the conLTxtina provision. To this c:�d the provisions of this Security Instrument and tha !Vote are declared to be
<br /> seva�6k.
<br /> • �•
<br /> I �.t�nset►'s Co�7.Borrower shatl bo�iven onc confurr.ied copy ot thts Secu�r� [nstrument. '. �
<br /> � � .
<br /> � • � tf.A�we�i�t ItnW Borrower unronditionally assigas and trans£erti to LenOtr al!the rents end revenues cf c:te 1'ropeny.
<br /> Botrowa authorises Lendrt or Lender's agrnts to coltat thc rents end r�=;aucs aad he�eby duerts cach tenant of the Property�
<br /> eo psq th��ems cu LrnQer or l,ender's ogems.Wawevec.ptiot Io Lettdrt'c notice tn Bottower af Honower's breach ot any cov�t.
<br /> niat or�reemerse in the Secusity Insuumen:.lbrrower aha:l cultect and aeccive oll rrnts and revenac�aP the Prope�y a�trustee
<br /> for t*�s bmtGt of lxader and 8orrower. Thts�ssi�nment c4 rent�constitute�an ab:oiu:r aseignment and nut un ass;gnment(or
<br /> � addet:an�l xcurity onJy.
<br /> IP Leadtr�ivts nutke of bre�ch to Borrowtr.:la)aU renis reccived by Berrowet st�::be held 6y l3��r�wrr as trustte far 6enef��
<br /> , of L,en4er only,t�be applfed to the sums sece�r.c+�by the Security IrssttuttLC:r.s;(b)t.en�cr shall be er.�:!;ca t�collect and receive ai.
<br /> . ot Ihe rents at the Property:and(c)each ter.ar,t of the Property stull���all rents ci:�.ai�d unpaid;a LenQer ur Lender's agen;
<br /> ' on Lender's written demaed to the tenant.
<br /> $orrowes ha4 not eaecuted any prior assignmrnt af the rentc and haS not and w Jl���!perfutm any act �hat wvuld�ptevent . ,
<br /> '. LenQer frotit aetcising its rights�snder�his�a�egrenh 16.
<br /> 1.enGtr sh�ll acst 6e•tequited to entcr upon.t�ke cantrul ot or m�intain the I�toperty bdure�r aftcr giving notice at breach sa
<br /> Bottawer.However.Lender or A judicialty appointe+d teceivtt mey Qo so at any time lhere i9 a hreach.Any applicatinn nf r:71s
<br />� shall not cure or wtive itny default or invaiidate any othet right ot te�nedy uf Lender. "This assignment ot rents ot the F'r�ptny '"�---`
<br /> � shut terminate when the debt secured 6y�he Security In9trumenl is paid in fuU. '
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