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<br /> � - ` � .` � C�...rr.r�.w.��. � �'� ���3�$ ` . .
<br /> :
<br /> � t,��e�i.te.t,e�msy.ex�ept as limited by rejuLlions issued by the SeCretary in the case bf payment defar�b,req�tire �
<br /> ��D�►Y�at.ia Ea0 ai aD snms se�eured by t6is Se�utity Iastrument if: . .
<br /> _�' � • I�I HO[io�ly ddsYlts b�F filll�,to pay In fuII�y mOUtll�ly WYIDG$t foQuuM bY tl�is Se�vlty rn�+*�++*��+t
<br /> tlje dnc dat�of tlk oea�t monthly payment,ar . , P�to or oa _
<br /> �,� . ' ,� ` h�det'�talta b�r faiNnr.,fa a period of t63�ty�ys,to perform aay ocber ablipiians contaiaM in thJs 5ecmity , .
<br /> _ � : l�I Si�e Wlllwtt��A�eistaL Leader sl�ll.ifP�bp�PP�iwhi�1aa.aod widi tLe priar approv�l oftbe Sec�saty,roqai:e •
<br /> � mme�i�le,p�yudt i�fdt d aII 16e aam�secated by tLis Seav3ty�eat iF .
<br /> i ' (7 A11 or pet af i�e Fiopeit.y's oietwi�e�aoe6sad(a8ier th� d�vise oc desct� ` .� _
<br /> � �. . , �► )bY:�e�Basm+�r,9od '" . `r ..�,..`
<br /> ,� . fri31ti Fiopaty it mR oocupied!ry ihe Pun�cr itaolx�!us or Lv pmmny ac�eoo�g cr�deaoc.or d�e panfi�eer er� . •` :
<br /> ` , ;..'; gia�k+edoasoaoca�r�i�e�fiMtiiis�6acie�t�tnotbeat4�io+�edis�ooa�aoe�t�e�eqo3ne�r�abofdieSac�eo�y. " ,. '
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<br /> . `�F. -. ` ' �'.�c�1�lFi�e�if�occi�r�at�v�ld ppmit Lendei tu requit!e'mum�e�, te pi�qa'spit ia fuD,6uf Lea�der das nat .
<br /> j _ --- �1��F�u.EeaQei does nof Naive its rijfiti�h rapat to aa t eventst . .
<br /> . F . ,(�)�4��K�D�!.In mauY cacumst�nca reptlatioas issucd by the Secreqcy will timit I.erWer's ri=hts,in
<br /> � . . . the caee otpaymmi defanft�,W rcquirt imakdiate aaymmt in fult aad fareclose3f not paid.This 3ecudty Insttument das ` .
<br /> i ,.not tut6o�iae sccder+�tion or focectasun if aot pamitted hy re=ulations af the Sarnary. ' �
<br /> ' • ��i. ��M. 8drrow�er Lss�rFj6t to 6e reinsttted it Lenda ha�requfred immedt�te�yment.in full because of � `
<br /> Borrowe�'s l�iiure w�y�n amnunt due under tAe Note or t6is Securtty Instrument.This ris6t applks even after forecbwrc '
<br /> � DroDeediop lire iastituted.To reiastue the Savdty inrttument.gonower eh�ll�tender in s tump.sum aU aa�ounta reQuired to ��
<br /> � ' Mia�Borrowlc's iccount curtertt i�ulu�ity� to the exttnt they ua obllpt�ons a!BorroMer uader this Secudty In�trument. '
<br /> ; � fott�cclowre eo�ts sad rasona6k and cuuomuy attorney'� fas and eapen�es proDeciy auociated with the [ore¢iosure '
<br /> • , - pra�wdLy.Upon rd�htement by Borrowt►.thi�Securhy tnstrtnnent�nd the obfiptlom thu it aecura shail�emain in effcct a� �
<br /> � it Leader had uot requ'ued immedLte payment in tull.However.L,ender is not required to permit reinstatement IP:(i)Lender has �
<br /> sceepCed re(tu�ttement after the commsncement oi torectosure ptocadin�s vrIthla two�yeus immediately ptueding the
<br /> ° commet►oeatent of a currcat for�losurt proceedlna. (ii)reInst�tsmrnt will preclude forectosure on different grounds in t6e `
<br /> � . ' fut�ue�or(iii)rdnstate�nent wW�dvaseiy affect the priortty of tt�e I�en�created by this Securiry,Instrument. •
<br /> .
<br /> � � 11.�arr�wer NM Reiea�N;For�e�ur��oe Sy I,e�/a pot s�frab►a.Extrnsion of the time of payment or modificatioa of
<br /> amo�tiution ot t6e sums secured by this Savrity Instrnment graaud by Lrnder to any succeasor in{nterest of Barrowcr shaU not
<br /> ; opaate to nkue the 3iabIlity ot the otistnal Borro.ver or Bortower's auccxssor in interat. Leader shall not be requlred to � .�
<br /> �omme��e pro�e�tr�s�pinst any succes+ar in Iaterest or refuse to eatend time for p�yment or ochn�wise modify amorttzsdoA
<br /> ' � of tbe aums axured by t6is Security InsWment by reason of aay demand made by the original Borrower or Borrower's �
<br /> � suoodsers in iatetat. Aay forbes�rance by Lender in eaercising any ttght os remedy shaU not be a watver of or prrclude the , �
<br /> exerctse af any right or remedy. -
<br /> i ; �^
<br /> . i I2.S�oeea�s aM A�Mp���d;]oiit ud&�er�l IL6Wh:Co- '''•--
<br /> ' Iaatrument shati bind and brnefit the succe,uors aad assi �'�=COYCA�ts and ageements of this Savrtty ;.; -=
<br /> ' Bonowqr's covataats aad S�of Lender and Borrower.subjax to the provisions of pazagraph 9.b. ,
<br /> agtamenta ahall be joint and aeveral.Any gorrowa who co-si
<br />' not exerute the Note:(a)u eo-si�ning this Seeurity Instrument oNy to mort �th'ss Socurtry/nstrument but cfcxs _
<br /> nin gage,graat aud coavey thai Bonower'a lntetest in
<br /> } � the Property under the tem�s of thia Serurity Instrument;(b)is aot peraon�lly obligated to pay the sums secured by this SecurIty ��-
<br /> inatrumeat; tnd (c) aaras that I,ender and any other Borrower map agree ta tatend, modify, Porbeaa or make any
<br /> accommodations with regu�S s�:he tam of this Socurity lnsuument or the Notc�v'rthout that Borrower's cansent.
<br /> . j 13.Noffoes.My potice to Botrower Drovided for in this Security Instru�nent shatl be given by delivering it or tiy mailing it by
<br /> , : firat clas+mail unkas aDDlicabtt law requires use of another mahod.The notice shatl be directed to the Property Address or any
<br /> ( other�dfess Borrower dalgnata by notIce to Lender.My notiee to Lender shaU tu given by first ctass maU to Lendec's address
<br /> • , atated hercL�or any sddre,u I.ender de�gnata by notice to Bonowtr.Any notice yrr�vided for in this Security lnstrumeat shall
<br /> - � be deemed to hsve boee�ivrn to Bonower or I.ender when given as provided in this paragraDh.
<br /> ' '; ��b� P�iK�':��rllft�.This Saurity lnstrument shaU be govemed by Federal Jaw aad tke law uf the jurisdictIon in
<br /> , perty is tocated.In the event that aay provision or dause of thls Socurity lnstn�menc or the Note conflicts with ap-
<br /> � pli�bk law.auch confliet ahaD not affect other provisipns of this Securlty Instrument or the Note whtch can be given effect
<br /> t , w"ss�out the conflicting provision. To this end the provisions of this Security tnstrumeAt and the Note are declared to be
<br /> severable. I�"
<br /> � � S•aae�ower'�Coq.Bonower shaU be given one conformed copy of this Secudty Instrument.
<br /> � � lf.A�ip�f ot Re�b.Bonower uncanditionally assigus atcd transfers to Lender all the rents end revenues of the Property.
<br /> I Boaower authorizes Lender or l�ender'a agsnts to wllect the rcnts and revenues and hereby d'vects each tenant of the Propeny
<br /> ` to psy the rents to l.euder ar,I,e.nder's aQent�.However,prior to Lender'�nalir,�to Borrowsr of Borrowet's brtaah of any cova �-�-- �---�----� '
<br /> ' nant or t�reement tn the Soctidry Instrument�Borrower ahalt collect atld aceive all reats and revenues of the Property as trustee
<br /> i !or the benetit ot I,ender and Borrower.This assignr�ent of rcnts constituta an absolute asslgnment and not an assignment for �
<br /> � addltlm�at accudty only. �
<br />, ' I!Leader gives notice of brach to Horrower:(a)al1 rents received b�Borrower ahaU be hetd by Bortower ag trustee for benefit
<br /> ( ot l,ender only,to be applled to the sums secured by the Security instrumeat:(b)Lender s5a11 be eniiaed to coltect and receive al1 '
<br /> � of the centa of the Praperty;aad(c)each tenaat of the Yroperty shall pay all rents due aad unDaid to Lender or Lender's�gent
<br /> , � oe L.eader's written demaed ro the ten�nt. `
<br /> � Borrower h�a aot ezecuted any prior assignment of the rents and has not and will not perform any act that would prevent
<br /> L.eeder from exerct�9ng its rights undu this puagraph 16.
<br /> Lendea shaW eot be rtqulreQ to anter upon.take control of or malntafn the Property before or after giving nolice of 6rcach to
<br /> Bonowtr.Howevu�Lender or e judici�lty r39Pointed recelver may do so at any time there is a bseach.Any aDDlication of rents ' —
<br /> sball aot cure�r*�vaive any default or invalidate any other right or remedy of Ltnder.This assig�ment of rents of the Pra�sy ' ' �
<br /> . � aha1)terminate w2ten the debt secured by the Security Instrument is paid in full.
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