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' . -- � . . .._. ,_-.. i�u} _. . . . _ _ - -� — � __ - ��. � - - - = --- '� ..___ ..__"__.. .,_�.,.__.��» _ -. . . . -. .;a:.�- __J..-�T T�ll-�_s _�� . ,.{ . _.-i. 4�� - _ _- _ . � - '"_` ' --..�L_� ...r. �..a..... -�.+......�.��.,-._c�lx- _ -��. -,��. + ��.��.� � � l . _ _ RE•RECaROE� a�,_,., 1 �,1�� 9.GrvY�i+tor Accel�wtio�ot Ue�t. q � �Q�Q�� '' v �� (�)U�fwN,l.rnder rt�y,exceot a�limited by refulQ�l�s i��ued by the Secretuv i�tAe casc oP psyment dc1'aulta,requi�e immediate payment in (ull of all eums secured Gy this Secutlty Insttumtnt if: �if Hnrrnwec detautu 6y faiiin.ta n�y in lull�►ny mnnchly�+eyrnE�lt rMuir�vf hv�h�a c�„ritY I�ctrt�ment�+►i�r tc►or nn � the dne date of the na�t monthly p�ymenl, or ` ; (i!)8otrawer defiuttt by failin�.for a period of thirty days�to perform�ny pther abltjatiune cont�ined in th�s Srcu�ity ' i In�wment. ; (b)SL4 Wlltio�t t,'nilt Ap�ro��l.Lender shW�t�P�bY�PP��ab{a law ud with Yhe prbr sppc�ovat oPthe Seci�tAry.caNire ��P�Y�in tull of all tho�tum�socvra!by tlds Securhy I�urtrcnt if: ' (�Al1 a p�rt ot the PraQe�ty is otfierwise t�utiafurod (other ttnn by devlx or descent)bY the Borrowet. aM � (ii)'!bo Prope�ty 4 not occupied try the put+clwer cx�rantoo aa his ar her prim�ry or aeca�dary rcsideaoe. or the purchaxr ar ��n1ee doa so oon�py the Property but 1�or kr credit h�e not ban appraved in a000�danoa with the toc�ui�xs of tAe Sectewy. (a)N�WM�.If circumstances occur that wouW permit Lender to reqai�e immedlate p�yment in full,but Lender does not roquire such payaKnts,Lender doea not wdve its rl�hu with rapect to subseque�t eventa. j (i)�hW�s et HiJD Sarehty.In many cttcumstanas rcjulationa issued by the Secretuy wlp Umit Lender's ri�hts,in � tLe cate at p�yment def�tultt�to requIre lmmediate p�yment in ful{and forcelose if not pa1d.Thi�5ecuriey Instrument does , not authorlu aoakntlon or foreclosure if aot permitted by redulations of the Secretary. � 1�. �YMM�e�t. Borrower ha� a riaht to be relnst�ted if Lender h�s nquired immediate p�yment in full becawse of � BorroMer's fail�re to p�y�n amount due under the Note or this Security Instrumeat.Thia rijht applles even after fareclosure i proceedlnjs are Instituted. To reinstate the Securlty Instrument.Honower shall teader in a lump sum all amounts rec�uired to � brin�Borcovrer's account current iacludin=,ta the exteat they are obllgstlun�of Borrower under this Security lastrument. � foracloeuce com �d reasoaable and custora�+ �ttorney's fas ar�d expenses properly associated with the foreclosure , prooadinj.Upoa reinituetnrnt by Honower.this Security instrument and the obll�tions that it securcs sh�11 remaln in effect as � if Lender had Aot required immediate p�yment in fuU.However,Lendez is not required to permlt reinst�►tement if:(1)Lender has accepted reinstatement aRer the commencement of foreclosure procadings wtthin two yeus immedl�tely precedins the eommencement of a current foreclasure proceedtns, (il)r�instatement will preclude foreclosure on different grounds in the futnre�or(iii)reinstuement will adveruly affect the priority of the lien created by this Secudty Instrument. ll. �ew�er Not Reka�e�; Forbe�n�ce Dy Lc�der Not a Wahrcr. Eatension of thc time of p�yment or modification of amortiutioa of the sums socured by this Secudty]nstrument granted by Lcnder to any successor in interest of Borrower shap not � operate to relase the lltbility of the original Bonower or Borrower's successor ia interost. l,eader sh�tll not be rcquired to -, , conunena proaedla�apinst any successor in iaterest or refuse to extend time for payment or otherwise modify amortiution ' of the sums secured by thie S�curity Instrument by reason of any demand made by the original 9orrower ar Borrower's , , , suca.�sors in tntetest. My forbarance by Lender in eaercising any right or remedy shati not be a waiver of or preclude the s . exercise of any daht or remedy. . '�- , _ _ � ls,gKV�aa�oe a�d A�iW lo��d;,1p1��pd Sereral LlaMdty;Co-Sij�en.The covenants and aareements of this Secudty !_`'' ; , Ins�rument s6a116i�d and ben�flt t6e succeswrs and assigns of Lender and Sonower,subject to the provisIons oT pu�graplf y.d. — - � Borrower's covenanta u�d a�rcements shall be joint and several.Aay Borrower who co-signs this Security Insttument but does � not execute the Note:(a)is co-si;aing thls Security tnstrument only to mortgage,grant and convey that Bonower's interat in �. ! the Ptoperty under the terms of thts Security Instrument;(b)is not personally obligated to pay the sums secured by this Security + Instrutnrnt; and (c) ��rees that Lender and any other Borrower may agree to entend, modify. fotbear or make any � accommodaHons with resard to the term of this Security Instrument or the Note without that Bonower's consent. ' � l3.Notiea.My notice io Borrower provided for in this Security lnstrument ahall be givrn by delivering it or by mailing it by ; fust c4ss mail unkss applicable law requ'ua use of another method.Ths notice sha11 be directed to the Property Address or any , other address Borrower daignaca by not�ce to l.ender.Any notice to Lender shxll be given by first ctass mvl to Lender's addtess i stated herein or say addras Lender datgnata by natice to Honower.Any notice provided for in thls Security Instrument shall ; be deemod to have bera pven to Bonower or Lsndsr when given as provided in this paragraph_ � • 11.Gor�iy�Lawr.Se�enbWty.This Secarity lnstrument shall be govemed by Fcdetal law and the law of the jurisdiction in � which the 6�roperty is located.ln the event that any ptovision or clause of this Security instrument or the Note conflicu w:th ap- ( plicabk 4M. such confUct shaU not affect other provisions of th;s Security instrument or the Note which can be given effect � without the cQnilicting pravision. To this end the provisions af this Security (nstrumrnt and the Note aze declared to be � � aeverable. — . -�_ • LS.Swrower•s Copy.Borrower shall be�ven one conformed copy of ihis Securiry Instrument. ` .` i • 1 lf.Af��e�t ot Rab.$onower uncondition�liy assigns and transfers to Lender a11 the rents and revenues of ihc Propeny. ; BoROwer authadus Lender or Lender's agents to collec[the renu and recenues and hereby directs each tenant of the Property ', to pay the rents to i.ender or Lender's a�ents.Howe�-er.prior to Lendcr's nvtice to Borrower of Borrower's breach of any cove- � nant or agrament in the Security Instrument,Borro�+ver shall collect and recei�e a11 rents and revenues of the Property as trustee for the benefit of Ltnder and Borrower.This assignment of rents constitutes an absolute assignment amd not an ussignment for additional securiry only. . if L�rder gires natice of breach to 3arrower:(a)all rats rec�:-e.i by Satratvcr shat!Dr h:ld by 8onuwrr as t:ustee fa:beneft of l.ender onty.to be agQGed to the sums secured by the Security Instrument;(b)Lender sha11 be entitled to collect and receive all of the rcnts of the Prnperty;and(c)rach tenant of che Propert}r shall pay all rents due and uapaid to Lender or L,ender's agent ' on Lender's written dtmAad to the tenant. Bottower has not e�ecuted any prior assignment of the rents and has not and will not perform any act that wauld prevent Lender from exttcising its rights under this paragraph 16. Lender shall nat be required to enter upon,takt control of or maintain the ProF+erty before or aiter giving notice of tireach co �onower.However, Lender or a judicially appointed rece�ver may do so at any time there is a breach. Any application of rents ____ _ shall not cute�r waive any default or invalidate at�y othrr tight or remedy of l.ender.This assignmtnt of renis of the Property ' � shal)trrminate when the debt secuied t,y the Security Instrument is paid in Pull. M�� � � � ti . CG tH� �_.._ _�.�_ ,�----- ---- ---.�__._._.�--- - - ----�-- -- ---- !.:�� :•� e - - �