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(�)O�h�it.Leed�m�y.exapt a+limited by resulation�iuued by the Secretuy in the cass of p�yment def�ults, require <br /> tmnbdlate p�yment in full of all aure�aecured by thii SecuNty in�trument ii: <br /> . �+;an.rp�.r��a��Ka hy�..�I}p�.,�n�y�n�11#ny�nnnthly;uymed;r�pidr�hy thic Sccudtv Instrument nrior to or an <br /> � tha due due ot ti�e aext manthly payment,or <br /> (ti)Borrowtt cki�uht by fWinj,for�periad di thirty days.tu perfarm any other obtiptions cantainsd in this Securlry <br /> . taattument. <br /> frl9ie Wilrwt Cnaiit A�ai.Laide��ii.if pammtood by apptkaDie la�v and witb dn psior spp�ov�i of the Sacretsry.roquine <br /> i immed�le prymeat b tuil of all tbe��by thi�Sxucity InwwnaK if: <br /> � lI�AY������'lV�i��� M WR�wNV�i ��J"i��iw�.NY�+i���3�N�IIVwN� � <br /> i (�)�10 Fl�CAy 1��OOL1�by ihD pYrC�l�/Of af�fs1N00 M ll�f OI'� Ot 1000lIQ�f�[d�Ca00.Ot'(1f0 pll[dWQ Oi <br /> j 6t��E dOb i0 OGC�t{VD ptOpEfly��[O��Ilf'CI��00!bECa��100�1a rVll�l lhC fE�ttf+dl�Of ih0$OCI�. <br /> i (e)N�Waihr.It circumsta�ca oacur that wouid permit Lender to require imenediate psyment in fup,but Leada doa not <br /> i mqui�e wch p�ymeob,Laider doa aot waive its rl�hta witb rapect to aubsequent evnnta. <br /> ; (�)R�Yliw�f HUD 9ant�r7.In mwny circumstu�ce�resulations iasued by the Sareury wIU limit Leader's ri jhts.ia <br /> i tlx cae of p��ment defauita,tore�u1n immediue paymen�in fuU and forcclox if na paid.Thi+Secudty Inetrument does <br /> � aot wtlwrl�e aooderatioa or fo lo:ure if not permitted by re�uladom of the Secretary. <br /> ' !�. �N. Borm�ru has s rijht to be reinstued if l.ender hss required immediate payment in full becsuse of <br /> , 8orrowa's t�ilure to qy w iunount due under the Note or thi�Secudty Instrument.This r�jht apptia even dter foceclosure <br /> prooeediop are instituted.To rcinsute the Secudty Instrument,Borrower shaU tender in a lump aum nll amounU required to <br /> ( b�ia�Hotro�ra'�a000uat currrnt lncludin�, to the eattent they are obli�adons of Horrovrer under this Securiry lnatrument, <br /> � [oracloa�rc cous and resanabk and customary attorney's fees and expense� properly auocisted wlth the focecloaure <br /> pcooeedin�.Upou reinstatemmt by Borrower.thi�Socurlty lnstrument�nd the obli�tiom that it secura shall remain in effect as <br /> � it Lender h�d not required immediate paymeet tn full.However.l.ender i�not required to permlt retnstatemeat if:(i)l.rnder h� <br /> acaepted rdestateaKat atter the commencement of foreclosure proceedin�s wdthin t�o year� immedistety pr�nj ehe <br /> � commenament ot a current forecloswe pcoceedinj, (ii)reinstatement will preclude foreclosure on different grounds in tAe <br /> j tuture.or(iii)rei�uutement wiU adverxly affect the pdodty of the Uen creatod by this Security lnstrument. <br /> i11. 1�n�ower NW R�Mwi;FoHean�ce�1RMer Not �Waiter. Eztension of the time of paYment or modificatloa of <br /> � a�ortiutbn of the sum�aaured by thls Security Iastrument gru►tod by i.ender to any succ�ssor ia intaat of Borrower sh�ll not <br /> opente to rekue the Babit;ty of the ori�inal Borrowu or Horrower's successa�c 6n intuat. Lender ehall not be required to <br /> ! conueeaa procadinp�inst�ay succasor in interat or rcfux to extead time for payinent or otherwlse niodify amortiution , <br /> o!the sums s�cured 6y thi� Secudty la�trnment by reawn of my dem�nd made by the orisina! Bonower or Borrower's <br /> sacoa�ors in�aterat. Any forbearance bp Lender in exercisina aey ri�ht or remody shall not be a wuvcr of or prcelude the <br /> exe�rl�e of anp dsht or remedy. � <br /> 12.S�a�s aN A��1o�N;Joi�t sM Se�erd WMYry;Co-Si��en.The covenants�nd==ramrnts of this Security _ • = � <br /> : , "_ <br /> • i�aa�an�eat sijsii oino anQ oerttrit ci�fsao�ana assip»or i.tnaer ana�arro�rtr.saoja�ca[ne pravts�ons or panunpfi y.o. _ <br /> Borrewer'a ooveoants�nd qreeme�ta sha11 be joint and aeveal.My Bc�rrower who co-sip�s thi�Secudty I�strumrnt but doa �-' <br /> not eatxute tAe Note:(�)i�cu•sipiinj this Security instrummt oNy to mon�e.�rant and convey thu Borrower's intecest In - <br /> , the Property under the terms af thi�Security Instrument;(b)is not personally oblipted ta psy tAe sum�se�curcd by this Savrity <br /> Instntment; and (c) a�ress that Lender and any othet Borrower may yree to extend. modiiy, forbear or maice any <br /> l aocommod�tioas with re�ard to the term of this Security Instrument or the Note without that Borcower's consent. - <br /> ; 13.Nolkei.My notke to BorroMer provided for in thu Securit}[nsuument shall be�iven by deGverins it or by mailing it by = <br /> firat elass mtiE unkss applicabk taw requirts ux of another method.The notia shall be directeQ to the Nropeny Address ar any <br /> � other addras�orrower desi�natrs by notice to Lender.Any noHce to Lender sQW be given by tint class mail to Lender's ad�ress <br /> ' atated herein or any sddres�Lender des9p�ata by notice to Borrower.My notice provided for in this SecuritY instrament shall ., <br /> be danxd to hsve ban pven to Borrower or Lender when given as provided in this pus�raph. <br /> 31.G��er�Lsw;SrretsrWq.Thi�Sccurity Instrument shall be govemed by�ederal law and the law ot the�urisdictioa in <br /> • whkh tde Property�s located.In the event thtt aay provision or clause of this Security instrumrnt or the Note conflicts with ap� <br /> ' plkabk iaw.such eonflict ahall not affect other provisions of this 5ecurity Inscrument ar the Note which can be Qiven sftect <br /> ' without the conitictine provision. To Ihis end the provisions of this Security Instrument and the Note are declued to be <br /> severabk. ' �-- <br /> 1!.ionowds Cop�.Borrower shalt be�iven one conformed copy o:this Serurity lnstrument. � <br /> lf.A��al ot Re��ts.$orrower unconditionally auia►s and transfers to Lender all the rents and«venues of the Property. <br /> Borrower tuthorius Lendet or Lender's asents to colkct the tents and revenues and hereby ditects each tenu��of the Propeny <br /> to pay the renu to Lendet or L.ender's a�ent�.How�ever.prior to Lrnder's notice to Borrower of Borrower's breach of any cove- <br /> naat or asceeaunt in the Security Instrument,8onower slull colkct and receive all«nu and revenues of the Propeny as trusta <br /> for the beneflt of Leader and Bonower.This assignment of rents constitutes an absolute assigrtnient and not an assignment for <br /> additional stcurity only. <br /> !f Ltn�tt yEYt4 Qot�t of 6reactt tcs BosrQwu:(a�e.l1 teau rxeivM by&�rsowu shs1I tsr ltei�Op Bants�res ss szex:ta for btnzfit <br /> . of E,ender only.to be spptied to the sums secured by the Security lnstrument;(b)l,ender shall be entitled to collect and receive all <br /> ot the rcats of the Property;and(c)each tenant of the Propeny shall pay all rents due and unpaid to Lender or l.endcr's agent <br /> oe Lender's written demand to the tenint. <br /> gocrowrr Is�es not catecuttd any prior assignment of the rents and has noi and will nai perfarm any act that would prtvent <br /> Lettder from exercising its riahts under this puagraph 16. <br /> Lender shall not be rc�uired to enter unon,take cnntrol oi or►naintain Ihe i'roperty before or after g�ving notice of bteach to <br /> 8orrower.However.Lrnder or a judicially appointed receiver may do so at any time there�s a breach.Any appl�c�-+tion af rents <br /> shall not cure or waive any default or invalidate a�iy other rigl►t or remedy of Lender. This assignmtrt uf rcnts of the Property .Y=--=— <br /> aha11 terminate when the debt secured by the Securi�y Instrument is pa�d in full. � <br /> �f <br /> � <br /> �t <br /> r�. <br /> c°i <br /> ,��'t <br /> ��.:,. _ • � .�.J <br />