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� � <br /> 90'":� 10�8�� <br /> !.Gn�Mr[�Ateeieewtl�ot GeM. <br /> - (U Utlwk.l.ender msy.ea�:tpt a limitod by rc�tulations tssutd by the Secretary in the case af payment dcfadts,requlrc <br /> immadiate ��mcnt in 6c►11 of�l1 surxu at�ured by this Srcuritv tnstrument if: <br /> -. W Dorr��debc�hs by faUin�to aY lu fuU xnY mot�lhlY psyme�ti reqvirtd by thfs 5ecurily lnstrument prior to c�on <br /> the due d�te ot tbe aaet maathfy p�yment,or <br /> r (N)��Q�fiuha�+Y[Winj.for a�+tsiod of thirty day�,tQ perfarm anx other ohU�atlons coatalned in this Stcu�ity <br /> ; ltWtument. . <br /> 1 lti)S�k M►i1Awt t'�t A�+v��i.lretider�11,if Pet�kd bY�PWk+DIo i�w'�nd veith the ptiot�pproval of the Soctetary.�equirc <br /> ! ia�a�odiMe pyakat in full ot dl the wrro secw+od Dy shis Socurity[t�swment if: <br /> � (i)All ar p�rt of the Propetty u otherwiae tranafarod(other tlwa by devi�e or descen)bY the Boemw�a.�ncf <br /> � (li1 The a not <br /> �pet�� � aocupiod bY the Purchu�e*or sru�oee a�his cK her ptirt�ry or aeca�duy irsidcaoc.or the puc�er or <br /> � ; Q�Mee doe��o occvpy d�e Prropaty bA hi�ar her ctadit A�rot bea��pp��ved'm aom�d�nae wiRh the roq�nan�i oi tAe Sec�y. <br /> � (e)No�Y�.It circumstance�occur that would it 4rnder to <br /> , perm require immediate psyment in full,but Lender does not <br /> , require wch payn�nts, Lsnder doa nM wdve its ri�ha wlth rapc+ct ta subsoquent events. <br /> � (i)�IMr N HUD Sa�ef��.ln many circumst�nca rquiations iuued by lhe Secrttuy will limit Lender'�rijhts�in <br /> the ca�e of prenent detauits,to tequire immediate p�yment in full u�d foreclose if noe p�id.Thl�Sccurity Instrument does <br /> ; not wthori:e�aekr�tiae or foreclosurc if nat perrttittM by rejulations of the Secretary. <br /> � <br /> � �. Nd�1�1. Bonawer h�a d�ht to be reinstated if Lender ha� requlred immediate p�qment in f�U becawe af <br /> , i Hortower's f�ilure to p�y�n amowtt due ut�e.t QLhe Note or this SecuritY [a�trument. This djht applita evrn atter foreclosure <br /> • proceedinp ue itbtit�ted.To rein�iue the SecNrity Instrumeat, Bonawta sl�all tender in a leu�np sum all amounts requircd to <br /> � britt�Horrower'a�ccount cumnt inctudin=,ta the actent thty are o6iisaUOn�af Borrower under thls SecuNty Instrument. <br /> , fatrcloauoe oata and rea�onabk �nd customuy attomey's tee� and expensn praperiy associated witb the fareclosure <br /> . � proaeedie�.Upon rel�utatement by Borrower�thi�5ecurity inct�ment and the oblisallon�that it securcs ahall remai�eti-e efiect u <br /> lf Lendtt htW not required immedi�te psyment in fuq.Howevtr.t,ender is not requircd to permit reinstateme�t it:tl L�nder hu <br /> i acCe�ted rdnuatement tfter tl�e oommenoentent ot foreclosure proceedin�s within two year� immediately precedin� thc <br /> ! caemeneement ot R currrnt foreclosure procex+3ln�. (ii)rd�stxtement wiil preclude foreclasure Qa diffeteat�rouads^�s the <br /> ; futua,or(iii)reinnatement will ad�ersely affect the priority of the lien rrc�ted by this Stcurity lc�t�ment. <br /> t <br /> ; 11. Re�e�wer NM Rele�: Fo�ian�ce e}� l�ier No1� W�her. Extension of rhe tcmc of�aayrnrnt or m�ad�P�tian of <br /> � amortlution of the sums secured by this Security Instrument�ranted by Lc�der to any s�ccessor in inurest of Borrov►cr shall not <br /> � opente to rcicase the Uability of the orisinal Borrower or Borrowrer•e successor in interat. Lenaer shall not be reQuired to <br /> ' comnKnce proeeedltfp yainn any snccessor in imerest or reFuse to extmd time for p�ymcnt or o�henrisc modity amortization <br /> • of the sums xcured by this Security Instrument by reascm of any dcmand m�de by thr original Borrower or 8orrower's <br /> � woauon in intetest. Any forbe�nnce by Lendet in eaercisin'eny riaht or remedy sfitll not be a waiver oi ar preclude the � <br /> exerclse of any rijht or rcmedy. - <br /> i2.S�es'rews Mi Ai�iMN;J�M�rN Sererd lArMltq: ('o-�wen. Thc covenants and aareements oi�his Security _ '�_� T <br /> lnsttament ahiU biod and benefit Ihe successors aad usi�ns ui l.ender and Borrawer.subject to the pto�isiotu of par�nph 9.b. ` <br /> SOerower's covea�nts and wetttiettl�shali be joint and ssvetyi.Any�utrow•er who co-siaro this Security instrument but daes ►': <br /> not eaxute tht Notr.(�)i�co-siininj this SecuNty Instrument oniv to mort�a�e,�rant and ronvey that Borrow•er's interst in = <br /> the PropMy under!he tertns of tAis 5ecurity Instrumcnt;(b)�+noc persanally obli�ated to psy the sums secured by this Security <br /> Instrumrnt; and (c) yrees thai l.rnder �nd �u►y other l3orrower mav �ree to eatend, modify. forbeu c.r m�ke any <br /> seeommodations with re�ud to the tetm of thi�5ecurity Insirumrm i.. �he Nnte w't�hout that Bc�rrower's eonsrnt, <br /> 13.Nelk�.Any nocice to Bonower provided fur ln this Security instrumrnt shali be ai�•rn by deliverin�it or by mulin�it by <br /> • ftnt clas mai)unkss applicabk la�v requires use of another method.The notice shall be directeci[o the Propeny Addras or any <br /> � other addra�Bonower desi�nates by notice to Lender. Any notice to l.cncirr shall be pven by first class mail to Lender's address � <br /> i stated herda or any sddres�Lender daijnates by notice to Borrower.Any nouce pro�ided for in this Security instrument shall <br /> be deeme�d to haYe beeie�iven to Banower or Lender when g►vEn as providM in thSs aaragxapl�. <br /> � 3�.Co�et�l.�w;Sere�sWH�.7`his Security Instrurtxnt shuli be governed by Federal law and the Iaw of the jurisdirtion in , <br /> which ihe Property is IoeatM. In tbe event that any provision or claust of thi9 Srcurity Instrumrnt or the Noae conflicts with ap• <br /> plkabk IaM, such conflict shall not�ffeet oiher provisions of this Security Instrument or the Note which can be�lvrn offtct <br /> , without the canflictins provision. To this tnd the provisions of this Sccurity Instrument and the Note tre declared to be <br /> severabk. •Y--- <br /> � 1S.Roerow�et's Co�y.Bonower shall be give�one confo:nted copy of this Secunty Instrument. � <br /> K.,��elp�t o/Re�b.gorrower unconditionally ass�gns and transfers to l.ender all�he rencs and revenues of che Propeny. <br /> Borrower autlwrizes l,ender ot Lencler's s�mts to collrrt the rrnts and rerenues and hertby ditects each lenant of the Property " <br /> to pay the�ents to Lender or Lender's agents.However,prior to Lender'�n�licr tu BonoMes of 8orroM er's breach oP eny co�•e- <br /> nant or a�reement in the Security Instrument.F3orrow•er�hall collect and recei�•c all rcnts and rrvenues of'the I'roperty as uustee <br /> tor the beaefit af Ltader and Hor�ower. This assignment of rents constitutes an sbso{ute��cignmene ancl not ar�as;ignmenc for <br /> aclditius�stcurii;oasy. <br /> If Lrnder gives notice of Drtach to I3orrower.(a)all tents received by i3orrower shall bc held by Borrow er as trustee fot benefit <br /> of Lender only,t.�be applied to the sums securtd Dy the Secunty lnst rumrnt;�b)l.endrr�hall t+e ent�tied to collect and rcceive atl <br /> of the rents of the Propeny;and(c)tach tenant of the Ptopeny shall pay EIl rents due and unpstid 10 Lender ur Lender's agent <br /> on l..e�dec's written demand to the tenant. <br /> Borrowec hav not executed any prior assignment af the rentc and has nut a�iJ wdl not pertorni any act that uould prevent <br /> [.rndt�frum exercising its rigt�ts ur.der this paragraph 16. <br /> Lender shall rtot be requited ta rnter upon,takc contsol of'cr mamtuin the Ptoperty befure or af�Cr giving noucc nf breach to <br /> Borrowet. Howe��tr,f..tndet ot a judicially aprm:nted rereivu may do sa ac ��y time Ihere is a brtach.Any appLcauon of rent� <br /> sha11 not cure or w�i:e any defau(t a�invalidate uny othcr righc or remedy �_°Lender.7hi�as.ig.nme^t rf rents of thc Property ''---�---- <br /> shall term9nate w•hcn the debt �e�-�:tsd by the 5ecority InsirunTrnl �s paed �n full. • <br /> � <br /> v <br /> a� <br /> �� <br /> �•. :, , ,.,� -- __._.� <br /> . ,�,. . . .. ... ,.......... ..,. . ._--—___�.�.____---__�------ � - - <br />;. . . ., . ,_ �. ,. . _.. .._ ___�.__.�,._.....--•- --w_-___ ____�^ ._--___ __._-- -- .. ._..-•--�-----._ <br /> , � , . . -,_------- <br /> - � ,. a « ,: <br />