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<br /> _ , . ' �_ � - " __.,...�-t .- - - - C .`!
<br /> .. � - --- - ----.. — , . _ ; .. . , . _ .. _ _.---.- . - . . --_ -, -- —-._ _,-�----._�_�_�_ - , - - - �--
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<br /> �1. � , . � �� , ` � � � .� � .90--104590 � . � . � .
<br /> _ � �c��K�«�,�...r n�e.
<br /> � .. � ., •is)Delwit.Y.eadet maY.�as limited by teQtlatfon�ismtd tiy the SecretRrY in the case of psymeni detauits.requue. -
<br /> ` , imsne�te p�ymaic in fuII ot eiP sums secured by tAts Secusity[nstrumenc iF: . ' . .
<br /> ' , (i�Bprrexer dtf�W�s by failinj to p�y in fuq any montAty paymeAt tequired by this Secudty Instrument`prEor to or on
<br /> � i6e ctue date of the nait mPnthh►psrnent,ac ° - � � � �
<br /> --�• ; , ii�y Bo�r�rer dtfialta by faiUi�.for s periad of thf�ty.dsys�co perfo�n any ot#irr abli�►tions cantained ia tHis Savr.ity . - - - --�
<br /> E �lttr�tmeat. .. � ' . . .
<br /> � ' Ib)Sde Wllro�t C[�ert A�ru�at.bendtr sf�li:if P��Y�DPiicibk Vw Red vrifh II�e ptfor appmval of die Seceetary.roquire , .
<br /> ' � • ` immed'ide p�ei[�jn"fuD ui all tl�e,eim�eav4ed!�y thls Savrity Gt�tnuneet if: ` `
<br /> , (i)Atl a,�bt t4e�opeety is ad�awi�e amferrod(od�er tlan by dnriu a Qe�ceet)by the Bomowrr.amd
<br /> � . � Fa'}'tfe Ria�pratY it aot aa,�pied by�e p�ar a Qa�e i�hi�orher QtanQy�swoad�ry i+esideaoe,or Uie p�d�aer or , ' ` ' .
<br /> � , , . �e does�oaavpy the Peopetty bnt 6Ls or 6er ceiedit tq�mt beea appioYed in acraNnoe wib th.cequi�mts of tse Seae�y. ; .
<br /> ' ; te)i�i�Vv�ha.If arcuauancss occur that.rantd peimit Lender�o catulre immediitr p�Yment i�fu11.but Lendar dnes uoc ,
<br /> �; � roquire aucb paymeats,I,ender das nbt waive its rtjhts w{tb respcct to subsequent events.
<br /> ' ; � � (i)�ept�IMr�t HUD S�c�ehry ia maay circumsttnces regulations issued by the Secretary wIll limit Lender's rights.in �
<br /> . , tht csse of ptymeot defiults,to require immediate paymeat in full and forectose it nat paid..This Security Insuument does . ,
<br /> ; not.suthoria�aacekration or forcciosure if nut permittod by ce�ut�tion�of the Secratary. . ' �
<br /> . , ,
<br /> ' 1�.�I�di�ieN. Horro�ra das a dsht[o be reiruuted it i.et►der has rc�uired inuaedlste psyment in full hecause of '
<br /> t Hatrowrez'e�tiliue to pay�a amount Que under the Note or[hls Savsity Imtrument.This tight applia evea after forcctosure
<br /> f ' pcoeeedinp ae inst�tutM.Ta reinstate the Security�nstturaent.Harrower ahall tmdtc in a�ump aum atl amounta requlred to :
<br /> � brin�9orroMer'a account curreat inctud3ng,to the estea! they ore obligations of Borrpwer unda this Securiry Instrumeat,
<br /> � lore¢bsure «�ssts and rasonable and customary attomey's fas end eaptnse� properly usociated with the foreclosure
<br /> � - gcoeaeditq.Upoa reinsiateauat by Bonocva.this SecuritY IasuuauaE anQ the abligatiaar thu It seaues ahal!remain fa effed as .
<br /> it Lender h�Q aot requurd immediau paymtnt in full.Hov�ever.Lender is na1 required tu permit reinstatement if:(7 I:ender has
<br /> � acxepttd reinstatsment atter the coma[enctmmt of foreciasure_proceedings within two yeus immediately preceding the�' . .
<br /> , 1 � cammenameai of a curreat forestosure proceeding,(i�)reinstatement wiU preclude foreclasure on diiferent grounds in the . ._
<br /> future,or(iU7 reinstatetnent wil!adversety affect the priority of the tirn created by this Security Instrument. �
<br /> � � ll.�arower Not Retea�ted;Foirlesn�oe ty Le�der Not �Watrer. Eatension of the time of payment or modificat➢on of
<br /> amortiutlon of the sums secnred by this Savritp[nstrummt granted by Lender to any successor in interest ot Borrower sh�lb not
<br /> � operate to ceiease the liability of the originAl Bonawer or Sarrawer's successor in interest. Lender shall not be«qulred to
<br /> � � Commence proceedir�gs against any successor ia interat or refuse ta cxtend time for payment or athorwise modjfy amortlzation : '
<br /> � of the swms secured by this SecurIty Instrumrnt 6y rason of any demand made by the original Bonower or Bonowec's .
<br /> y , ancceswrs In iateresi.Any forbearonce by[.ertdu in exercising eny right or remedy shali not be a waiver of or preclude thr -
<br /> , � , eaacise of any right or remedy. -
<br /> U.S�ccarors�A�Ipa�wN;�MU a�d Serentl UibUtty;Co•Si�ren.The covenanta and ag,teemeots of this Security '_
<br /> ° lnstrumerit aha11 bin8 iutd benefit the successors aad assigns of i.ender and Borrowu.subject ta thc provisians of paragraph 9.6. ' • --
<br /> � Borro�ver's cavenants and a�raments shall be joint and several.Any Borrower who co•signs�his Sccurity Instrument bvt does .•� � �"-
<br /> � ' aot eaecuu tht Nate:(a)is Ctr-signing this Security Instrument onty eo mongage.gtaat and convey that 8orrow•er'e interest in ' -
<br /> the ProDerty under the tersns of thig Security lnstrument;(b)is aot pe:s�nally ob}igated to pay Ihe sums secureQ by this Security
<br /> Iasuument: and (c) agees fhat Lcnder aad any uther 8orrower may agree to e�teAd. madify. forbtar or make any '
<br /> . . ` accommodttians with regard to the term of this Security inSt�ument or tht Nate without that Barrower`s canstnt.
<br /> �
<br /> ' 13.Notka.Any notice to Borrower provided i'or in[his Securi�y Instrumen4 shal!be givea by Qelivering st or by ma�ling ft by �;
<br /> � i7rat clus m�il unless appticabte taw requires use af another meihod.The notice shall be directed tc,the Yrapeny Addrcss or any
<br /> ' other addtess 9orrower daignates by nolice to Lender.Any noticc to Lender shall be given by f7rst slass mail tn�.ender's address
<br /> ( statai herein or any address Londer desigaates by noticr ta 8arrawer.Any notice provided i'oc in[his Security InStrument bhall
<br /> � be deemed to have been given to 9orrewer or lender when�iven as proviQeA in this D�ragraph. ;
<br /> i
<br /> ' 11.Govef�l�1�Lsw;6eren�ity.Thts Serurity instrument shall be govemed by f�eQera!law anQ the law of tht jurisdiction in �
<br /> whiCh[hC Ploperty is loceted.lq Ihe eveot tb3!?i!y p!avl5io.^.tst C�..Q.s��Flhis�taisy In�ritssmsnt c::�t�L+:a;c caaf:iets wii:s a� - -
<br /> pllcable law,such conllict shaU not aifect oiher provisians of this Security Instrumen!ar the NTate whicb can be qiven eife+ct �.
<br /> wlthout ihe conflicting provision. Ta this end the pro�isions af this Security lnitrument and �he Note ere dcciarrd to he -
<br /> • bevetable. '
<br /> � 1S.�orroNtP�Cooy. Bmrower shal)be given one c�nfu�n�ed cupy uF Ihis Secur�ty Inwlruuiene.
<br /> �
<br /> • K.A��r�lof Re�tr.Qonowet uncondlti�nalty assigns end transfers tn Lender aq�he reritr�nd ce�rnucs uf�he f'rupertY-
<br /> Borrower awharkes Lender ar l.ender's agents ta collect�he rents and revenues an�heretry d�rectti eacb�enatit uf the Wuperty
<br />_� . tn pay tht rmes to Lender or Lendrr's agentg.HoRevor,prior ta I,ender's noticc to Bursawer uf fic�truwcr'y brea.h ui auy cu��•
<br /> ., � � �- - naat or agtttment in the Security Instrumenl;8otruwer yhal!culiccl and�recerve all rentti��nd revenueti ui�hc Property n.�trOct�c � � "
<br /> ' for tht Uet►efit of l.onQer end Botrawer.This assignment n�rents ecrostiwtes�c�n absulute utic�gnment iuzd nut an accign�rtent t�,r
<br /> ' addltional security oniy. • ,
<br /> If Lrnder gtves ncrtice of breach to Borrower.(a>aU rents received hy[iorruwer shali ht heid by k��rn�w�er as�ru�tee tar henet�t
<br /> � of LenQet only.to be�pplied to the sum�secured by the Security Instrument;(bl l.ender shal!be entitled tn�ollc�t�nd cccc►�e ull
<br /> , of the reatsoi the Ptopetty;end(c)each tcnant oi the E�roperty shall pay att rentti due and unpaid tu i.enctcr or I cn�er'w a�cen�
<br /> on LendePs wNtten den�and to the cenant. � .
<br /> � Borr�wer h�not executed any pti�r�csiAnmec�t�F the rems and has nut:uid wil!nut pert+�ri►y auti :��c�Gac �tiout,!putia.t
<br /> Lender from exercising'its rights undcr this patagraph i6.
<br /> LcnQe�shatl nut be re�uued tc�cnter upon.t�ke canttul ui or maintain ihe['rapeny bei'au ur attCr.��+mg u��t�t,r��f t,rca�h��� • •
<br /> - Larrower.Howevcr.t.rndrr ar a judiciatEy apyointed tecei�•er may Qn�u�t any nme there is a hre.cctr Any r�ppli�ar���ri ut rr��s. _.- _
<br /> sha11 not cure vr waivc u�y dcfauft nr invnlidate uny other riRht ar remedy uf�cndcr. Y l,;ti a5ti��u���rn1��f reui.nt�hr l�c���,cct s, , `
<br /> shal)terminate whe»tht debt secured b;�the Security Instrument �c paid in full.
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