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<br /> (�)Mh�M.Lender m�y�eucepi�s timlted by rtsul�tions issued by the Srcrctary io eht cosr oi paymcut defaulte,requlre
<br /> _ ,��L�#�-t�M-S�=d-!1sl3 at's!1 aasa:�wrts!bp!lsi��esses!!y!�alns�er.! !f:
<br /> (i�Barrowef detaatti Dr tailln�ta pay in tull�ny manthiy payme�tt required by this Security Instrument prior ta ar on
<br /> � the due due at the oeut monthly p�ymei►t,or
<br /> (il)NoROwer dePauiu by f�iliaj,for a perlod ottAirty days,to perPo�m any other oblij�tlons contained in thl�Securlty
<br /> • InNNment.
<br /> ��pnrinaM in f�1tA�d�e sudr secwsd����V�and wid�the pcicx�ppmvd of the Socretuy.roquire
<br /> fi)AU a pr1 of ae P�oE+etty is al�erwae traede�red(ad� dra by devise�r d�sa�n1)DY tl�e Horto�rar.ard
<br /> (ii)The Nu*aty is�ot aocupiea bY d�o Pn�r a sr�elee a�hn ar ber p�rimay ar�0oo�l�uy rcs�de�ce.or the pwrchrer or
<br /> - p�1ee doa ro oocyy tl�e PNpert�►t�ut his or Ae�cr+ediit 1�aot been�vvad in�emcd�e�e wri�h the t�eqt�anaw of the Sa�ry. •
<br /> (e)N�rl►ah�.if clrcumstanee�occut ihat wauid pem�ie l.ender to rcquire immediate psyment in fuU,but l.ea►aer dc�es not
<br /> requ�irc tuch p�ymesq�Lender does not walve its djhta with rapc�K to�ubsequent cvents.
<br /> � (�1 R�tNq�N NUD 9a�M�rf.In manY dreum�wues re�ulatlo�u Issued by t1x Scrretuy will limit l.ender's ri�es,in
<br /> the ca�e of pa�nent deftultd.to requiro iinmedLte p�yment iA Ea�I u�d torocloie ii na paW.This S�CNrity 1ns4NmCnt dots
<br /> ao�autl�otite�aekntian o�faeclosure if not permitced ev refulatbm of the Secretary.
<br /> 1�. �MI. 8orro�rer fw a �i�t►t to be reinuat�d it Leader ha9 required immediste p�yment in full because af
<br /> �orrower's f�ilurc tn qy sn amount 4ue under the Note ar t6i�Seca�rlty�Imtrumrnt• This ri�ht applies even dter foreclosure
<br /> proceedin�sra instituted. To teinstate the Secudty In�trument. Boszowrr shdi tender in�lump tium ail amounu reauircd to
<br /> brinj Bprrowtr'i acxount current includin�, to tl�e extrnt ef�ey ue obliptkns of BoROwer under thi�Security Instruament.
<br /> (oroc�psure co�u and rwonabk �nd customary �ttorney's tea and e�penx� properly �.ssociated with the forecbsnre
<br /> proceedin�.Upon reirt�tRtenKnt by Borrower,this Securitr Instrumrne and the oblipUuns that it secutes shali remaia in eftect u
<br /> ' it Lender had not requlrM immediate payment in full.However,Lender is not rcquired to permit rei�atatement if:(i)Lender ha�
<br /> •oeepted reinuatc:nrnt atter the cammeneemeat of forecbsure pro��eedin�s within two years immediaaety preredin� the
<br /> � - commiencemsnt of a current iorectasure proceedin�, (i!) rei�statrment will prectude forccloaurc on ditferent jrounds in the
<br /> future. or(iii)relnstatemrnt wili adversely�ffect Ihe priority of the licn created by thix Security instrome�t.
<br /> 1�, M�t�wer NN�eMre�; Fo��ee�� I,eMn No1 �N�her. Extensioa af the tsme oi paymrn� or modification of
<br /> amottization at ihe su�ns xcuted by thit Security Instretment Eranted by l.endet ta any aucressor in interest of 8orravre�shall not
<br /> opetate to�eka�e tbe tiability oi the aripnal Bonower or 8ortowes'a succasor in interest. l.ender shdl nut l+e required ta
<br /> commence pr�eEdinp a�alnst any succeisor in interat ar refuse to e�tend time for payment or othrnvise modity amortiutian .
<br /> of the fun�s savrcd !+y thi� Security Instrumrnt by resson of anY Aem�nd made by the ori�inal Botrower or Botrawer's ,
<br /> suecessot�in inttreit. Any tarbearance by t.ender in eze�cisin�any riEht or remedy +hall nat be a wai�rr vf or prccludt the
<br /> - '_— exsrci�ai my ri�ir[ar remeay. _
<br /> 11.S�tt+�af��M Awr M��:JeMt aN St�tAll.isWNr:Go•Slpen• 1'ht cuvenants and a�taments of this Securicy _-
<br /> Instrutnent sh�11�ind�nd beneft the suceasot�and as�l��s at lender u►d Borrower,subject to the provis�ons o[par�taraph 9.b. n;�`
<br /> 8ottower's tovenants�r�d aareements�hall Ne joint aad sevted. Any Barrower who ca•sil�s this Secunty lnstrumrnt but does -
<br /> not e�aute the Note:(a)is co•sijntns this 5e�cur�ty Instrumet�t only eo mort{ase.�rant and comTy ehat Borrawer's intrrest in
<br /> eht Ptoperty undr�the term�n(lhia Security Instrument;(b)is not personally abli�ted to pay�he aums xcured by this Security
<br /> fnstrument; and (c) aRrea �Ast �.en�er and any other BorraNCr may uree ta extend. modify, tarbear or malce �ny
<br /> ac6o�nnnodstsonf with ts�ard to the tcrm of this Securi�y Instruinent or the Nr,te with�w that t3orrower's consent.
<br /> �
<br /> ' Lt.N�fket.My nodce to�orrowet provided for in this Stcurc.►lottrument sh�U t+c pvm Dy delivecinl it or by mailinj it by
<br /> fini e7as�mall unless applicabk!aw tequira use of ano�her meehod.T?�e nntioe sti�ll t+e dircrted ta the Proper�y Address or�ny
<br /> other addresi$orrawet desi�nstes by�Mice to Lendtt.Any nut�c.r to Lender shall bt��en by first clus mail tU Lcpder's addrcs�
<br /> stued hercin or any addtess Lender desijnatts by tw�ice to Hurrawet. Any notice providcd for in this Secutity Instrument shall
<br /> be deemed ta have been�ivrn to Horrow�r or l.cndcr whrn givea�,s providcA �n ihis puaaraph.
<br /> 34.Goressly Lsw:Strmbiltt�.This Securicy lnsiruMene sh:€4.t'�governed by Federal IAw snd the law of ihe junsdie�ian in
<br /> whic6 the Praperty is located. In the event that any pro�•islon or ci:use of thi�Srrurity Instrument ot�he Nute cnnflicts with aQ-
<br /> plicabk law.sach contbct shaU not affrct othet pro+r,e�ons of ih��Secaritp Inst�umem or tne Note whi�b can be�iven efteet
<br /> vrithout tht tonflictinj pro�ision. Ta this rnd ehe provisions nf Ihis Security fnstrument and the Note ue declued to be
<br /> sever�bk.
<br /> Is, Serro�ret'�Ca�y. Borrow-er shall be gwen one conformec!cory of thi9 Sceunry Intteument. 1�
<br /> K.Aa�t��sest otRe�b.&muwer un�.�onct:tionatry as�ign�.ond transfers to Ltndcr all the tents artd rt�e�ues of the F'roperly.
<br /> 8otrowet authc,tizes Ltader ar l,ender's agents ta coltect the renes�nA rcYenuts and htreby directs cach te;�ar�!o�the Propcny
<br /> to pay tht eent�to Lender os t.ender's�ents. However,pnor to Ltr.der��[IOUVt fn BOifOyit�Of BOffOWCt's brcach of i.y cove-
<br /> nani ar�rt��ent in thc Sr,ucity ln=trumtnt, NnrrauL7 shal!rnf:::t a.^.d rtrcivz ell ttr.ts and rneaurs of thr PtoDett�as trt�stet
<br /> (ur the�lnelit ut't.lttdet 3nd lsorteuet. Tnis assignment of rtnt9 constitute�an absotuic as�,cjitltlCl�i attt�t���i eR it_wif�CwTcf'it2 ECsf
<br /> additionsl sccurity oniy.
<br /> If Lender�i�a natice of brrarh to F3orr�wer.(a►t�rents raciced by ftorro+.er shal!be hetd by E3orro�er as trasree for brnefit
<br /> of Lender only,to bc apptied ta the sums sa;ured by�Ise Secunry Ins�rumrnt,(b)Lender shal!1x rntdlerl to collo:t and receivt all
<br /> of thr rents of the Proper[y;and(c)tath icnant of thc f'roperty sh�lf pay all rents due und unp�id to l.rndcr ur I.rnder's agcni
<br /> on l.ender's written demand to the terta�tit_
<br /> B�arower hu not ex!�cutcd any priot stssignment of the ren�c and has not and Nill nnt prrf�arm any act that wnuld prevent
<br /> Lender from txercisiny its righ�s under thfq para�i��t► 16.
<br /> Lertdtr shalt not be teqtiittd to enter u�n, take contro!at or mamtain Ihe Property betorc c�r aher gw�ng noti.e of hreach in
<br /> Borrow•er.Hovuee�er,Itnder or a�udic�ally a�ppointed rece�vrr may do sa at an> tune�here i�a breact�. .4ny appl�c�uun of rrnts
<br /> shall nt►i cure ot w�uvc any Ac(�ult ar inval�date any other nght nt rernedy of[_endrr. 7hic assi�nmem uf r=ut+uf the�ruperty '°-" -
<br /> shaU terminate when lhe dcbt scc;ured by thc Secunty Instrumenx is �aid m fult.
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