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<br /> � � g.Gr�aMt R�r A�+ak��DeM.� .
<br /> . . . t�)O��it,Lmdet maT.�as limited 4Y rknLuions is�ucd bir the Sccrrtary iq the case ot psyment dettuits.require
<br /> ' Iia�aedi�te prYmeet in fult ot all tues�iceutcd by this Securdty Instrument 1f: � .
<br /> '.� � t�Hoaowes dKaulti by failin�ta psY in f utl arty moetl�fy psymeM requirtd by thie Security laswment prior co or on � �
<br /> tl�e Aae tWe ot tAe aest moAtbl�►E�aYmeet.rx . .
<br /> # ` I�i�ttu�ent. defadts bY lkili�y.tor a pesiad of thictY,dalr�to patona�ny athsr obliptions conutned in t6is Secudty ` ._ .
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<br /> ' . F � .. `pi�9.�ewf�r.e e�.�i A�p..r.L�d��u.if pe�mi�eohar�ppi;csdelaw��oa«rid,the pricx�ppcwv of t6e sec�cy.rrequi� ��
<br /> � r i�adi�le pryme�t a fYH d a�are�secueed 6y das 5estuiry Tt�� .
<br /> ;
<br /> ' t�Aft ar pct d tme Ntopaty�r othaw�e trao�fened(a�es th�rn 6g dev'se or desa�t)bY tbe BoR'ow'a,�d .
<br /> � � C�'I�e ptupeety.i�*oe ooaupiea bp tbe pineh�aer or��ee as hia ac hes pci�o�y or se000d�y raideaoe,aF @ie p�er or. .
<br /> ` �ntee doea�o aYVpy�e Rapaty but bis or da cxed�t Ms Qat Deeu�pptoved in s000�n�oe wi�6 d�e ceq��s of�e Sa.�y. . .
<br /> . ; . rej N�1l►aA�r.If circumttanas occur thu would perrnit Lender to roqu"ue immediate payment In full,but Leader does not � `
<br /> ; � raquice wcb pry�eat�.Lea�der doa not waive it3 ti�fita with respect to subse4uenc events. . .
<br /> ; t�)ipWM�t K aIJD seeiet�tl.In maay circumstancss rKuLtions issued by tlie Socretar�►vv�lt limit Lmder's rig6ts.in .
<br /> ° tlie�e of papment dtfautts.w rcquire immedi�tte psYn�ent ia full and Corecbse it not paid.'Ihi.s 5eeurity Iastrumeat does
<br /> � ' not wtbaize�axkrarion ar forectosure if ndt permltted by rejulatioas of the Secretary. • .
<br /> ' 1� �t�YM�wit, Boa»wer has a ri�ht to be relnsiated tf Leader has requirad immediate paymeat io fnU"bxsuse ef
<br /> ! Borrowa's i�iliue to paY+w�mouet due ander the Note or tbis SectuIiy lnsuumcat.This ri�st apptia even after foreclosure
<br /> " . � , pro�xediop ue institutod.To reinsute the SecuittY Instnuneat.Borrower shsitl tender in a lump sum ail amounts required to
<br /> bttq�Horro�rer's�ccount current•inch�ding,to the aaa�t Wey ue obliptions of Borrowet under this Security Instrumeat,
<br /> . - fa�eclosure auts aad rawnable and casto�nuy attomey's_fus and eapeases Dropesly a�saciated witb the foreclosure _
<br /> � proc�edin�.Uyon reinstatsrnent by Barco�'er.this Security[�trument artd the obligsaons that it secures sh�l1 remain in eifxt as '
<br /> . itl.ender had nat required imme�diate payasent in ft�ll.However.i.c�Qer is noe rcquired to permit reinstatement if:{i)l.ender has
<br /> � aooe�ced Mnstateaent afta c�s commsacement of foreclosure proceedings vQi�ain cwo years unmcdiuely preceding the
<br /> � commencemmt ai a curre�u Cc�eclosvre procading.(ii)rdnsiatemtnt wi!! pceclLfe farec(osute on differtnt grounds�n the .
<br /> . : future.or(tiI}rein�tatement�l adverset,v aftoct che priority of�he Gen created by this Security[�.:sumecn. • •
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<br />, U.t�rswer NN RdaMN:FerY�a f!1.eNer lYo��W�her. Extmsion of che time��;,�ayment or modification of
<br /> ; as�tiution ot tbe sums savted by this Security Instrument�anted by E,ender to any succesaor f:s v-�terest of&urower shatl not
<br /> i Ope[ate to rekase the liabilit�'�rf the otisi�al Borrp�ut Bo►rowet's successot in inttrest. Lender shall a€+:he requlrcd to
<br /> ; ea�smence pre�radfnjs s�i¢st n�y eucctssor in interat�refuse to�estend time fear payment or atherwise mo���amortization , -
<br /> ' � of fHe sum�secured by this Security IRStrument by reason of any demind madc by the oriynal BoROwe,i or Borrov�er's ; '
<br /> • anecessors in interest. My fo�,fiearancs by l.�nQer in acercising any right ar remedy shall not be a wajver of or preciude the .� ' ,
<br /> ' acacise of any ri�ht or reaiedy. ,
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<br /> � �1�,S�eeeaas�M A�ia�M;JM�tt uA&real Uabiltty:Co-Sipea.The�:.i:n�nts and agraments ot this Security � .
<br /> � � lnstrunient shall bind and bea��the eucassors aad assi�ns of l,ender and Borrower.s�.:hlect tu the provisions of puograph 9.b. '
<br /> � Sorrower'a covenants anQ a�tCemsnts shsU be joint and several. Any Bonavrer wfio co-signs th�Security Instrument bui dcxs , ;"'`•-
<br /> � ; not e�[ecute Ihe Note:(a)i9 co•sffnins tbis Security Mstrument an?y to mortgage.�ant aad ce::���:ftas Born�wer"s inter�r�w -
<br /> the Property ua�er the tem�s oP this Security Instrumeat;(b)is not penonally obGgated to p�y tht s�ms sec�ured by thts Secu�ry _
<br /> , � inttrumene: ana (c) a�tees that Lender and any eth:r 8orrower may a�ee t� satend. modlfy, focbe� or make any ' ,
<br /> • . E• actommodaHon�with reaaM Eo•the tenn of Ihis Sesur�u�:in5�rumetu�r�he Noce�:�,;..^nut th�t Bonowcr's c�Gent.
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<br /> ' 13.NMka.Any notice to Aarrorver provided Por in this 5ecurity Instrument shti:'be given by delivering it o:'oy mailing it by '
<br /> �rat clau matl uNas applicabte!aw rrquites use of another mcthod.7he notiee shali bt dirccted to the Propeny Address or any
<br /> • other addreu Borrower desi�nates by natiee co Lender.A�9 notice ta l.ender ahall de�i�en by Grs�class m�il to Lender's address •
<br /> � ' suted herein or any addra�Lender dest�naces by notia to Borrawer.Any notice provlded tar in this 3ecurity imtrument shall ;
<br /> • I be deemod to tuve�an pven co Bonower or Lendrr+�Aen given as provideci in.dzls paraar�ph.
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<br /> • ' 1�.Gwe��I.�w;8e�ealiYty.Thi9 Se�:r+tY Instrument shall ix�averntd by�ederal law xnd the 1aw oY c'.�e Jnrisdictian in . �
<br /> � which tbe Ptoperty is IoqtM.in tAe event i9at any prpvision ot cl�use rf thfs 5ecurity(nstrument er the N�.c:onflicts with zp�
<br />• • p(icabk law.such conNct ah�0 not affecc other provisions af ihis 5�.��ity lnarument ar�he ti�:::which �6e givea ef['�,
<br />' � ; �►dtAout the conflictir►s prov�sion. To thi9 end the provis��ns ot tAis Security lnstrument an�! the Note�n �eclared tu i�e •
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<br /> . LS.iKSewet'�(:ory.Borrower�h�ll be given om cunformed wpy ai'th�s Sec�rity Instrumen[. � �: �
<br /> ti.A�Ie�I ot Rerb.Hurrower uncon�titeunalty essign�and trensfrr�t�Lender nll thr rents and tevenues uf the Pruperty. � .
<br /> = 6otrower tuthorizee LenQer or Lender's a�ents to coiint thr rcn�s�nd revrnue�and hereby direrts c�ch ten�nt c�i the Propeny
<br /> � . to psy the rents to l�ender or L.tndtt'a�grnta. Hpwevu.prirn ta txnder's noe ice t�Hrrrrc�wtr uf.Horrower.'c.breach ot uny cove_. . . .
<br /> ; n�ttt o:ajreemen!lo Ihe Secarlty�Instrament,[3orrower�shali caltrct snd receive ali rents and revenues of the E�rapeny er trustee
<br /> far the betttTit ot i,ender and Borruwer.Thls assignment ot rent5 consatute5 an absalute assi�rrment and not an assignment(ar ,
<br /> adAitioeal secutity uniy.
<br /> . If t.ender�ivea natice of bre�ch to l3ntrnwer.lal all tentw re:e��ed by Burro wer shall be heid by Borrow�r ea trus�ee t��r benefi�
<br /> ' of LetlQer oMy.to be aaplied to Iht sums securtd dy the 5tcurity�n;trumrat:i�i l.endar�h�il be emr�ted�u cvlte.t r�nd rece►vt all �
<br /> n[the rmts of th�Pr6peny;�nd(c)e�h tenant nf the Pr�{xrty sh�li p:ry alt rents�ue aur)unpaid to I.ender ur I.ender's�gent
<br /> un L+cnder's written demand t�the tenant. � •
<br /> BQtrower ht4 rtut exccut�d�ny prior assignment of ahe rents nttd hus nc�t and aill rtat p:rfnrm af►y act that w��uld prevent '
<br /> �, LenAer frnm e.xereising its rights un�fu this p�ragtaph 16. , '
<br />' : Lender shill rtot be requ'ued to entpr upvn,taYe c�ntrut of o�maintain the Nrupeity hefnre c�r after g�ving notice of breach to • •
<br /> • HorraKer.Nowever.4tnQer or n judicially Yppointed recei��er m�y dn so ei w�y tlme�here�s�breach. Any npplicatiun of rent�
<br /> ah�ll not cure at rruve 4aY dtfault ur invplidsse aoy ulhrr right u�«tnedy oF Lendcr.`fhis a«igt�snrne c�i rentc uf the Property .: ---
<br /> Lh1U iQ11111IIile v►$Q(1!hQ dtbl SCCU��d by[11e 5ccurity Ins�rument�s pa�d fn futl. �
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