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<br /> !.Cn��i ter�aelentlo�K DeM. • ` � � . . - .
<br /> � °� ; � (s)De!l�M.L�ender maY.except�as Wnited is9 ae�4tians is�ued bY t}ct Sasetuy in thrwse of papmmt defaults.r+equire .� � � .
<br /> . immediate MYment in full af aU aums.secured by this SecuritY Iastrament if: • � ' .
<br /> G � � (�Borra*ra dei'wlta bY f�i�'P�Y in fuU aay monW1Y P�Nmedt rrquired by tl�is Socurity Instrumeat DrIor W or Qn � .
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<br /> � , _ _ . � —1ag awc vaicvs sasca:cns-s;av�iuu7-i+il�uss,n .. . , � ' , . . � ' _ . _ .
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<br /> . . �tr-a defaWb bl►far7int.for a period af,th�tq�S'�.�P l�orm any dthec obli�ations canwned ia this Security , ' ,
<br /> ��,` ; ' - (�j;Siie t�VillriitCtMt A�es�al.I.eoder sl�l,ifP�bY�PPlic�c 4a aad wub tLc ptia�r�pp�dval ofthe Sxt+et�ry►,te�Iie _ ' .�
<br /> ' `+.: . . '�ediila'p4rmoit ia fi�af aII 8ie amot aac�uQed 6y thi�Seauicy I�t� . , ' '
<br /> � . � (�A$Of�1[p�I�G��{O��flli0f�(dbCi fbm�I dEY1JG Ol���►tbC�,.� `` � , �
<br /> _ �,�t;<': . . '(n'�.1Ue ptapeity ia o,oc occupied by fbc pu�r ur gra�ae�s 8ds a fia primsry or aeoandary zesidm�e.a the piuN�or .-- - — �
<br /> . ;.. does ao oocvpy d�e Fcop�acy butlris ar Ms cied�Ms mt app�oved in acoocdancs v�ith tbe n�n�b of tbe'Sac�etuy. . .
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<br /> ' � (e)N�Wairer.If dsaimsi�ces occur tIsst�voukt.pamit Lender ta cequire immediau paynaent ia€u�,but Leada Qoes not .
<br /> . � �. ca�uire saeh gsymeats.�Lender does not waive us rI�ttts�eith rapecE to saDsaluent evmts. � - �
<br /> � :� � . �il�ep1��HUD SKeehq.Tn manY arcttms�a�ta rsgulattons issued by the Secraar�►w�l timit I.ender's rights.ia � �
<br /> -- '•< . . t5t t�otg��meat deiaults.te�utzt+mmr�'�n,_,.•psY�f in fttl!and fnr�ctcsst ff aot�azd.Thts Securliy Instfums�tt dveg � - - .
<br /> . -� � . not wtBocize accekniian�ar foreclosure if nat Derin�ttM b9 re�utadons of the Secretary. . ' � ,
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<br /> <:,, 7 . 1�. �I�r/M�eM. Barra�rer hu a diht to be reit�atued i€Lrnder h�s rcqufired immediate payment in tu116xause of ��
<br /> .. . Bocrmres's fai[ure to p�Y�►+unount due under the Note or this Security tnstrumrn�This ripht stppfies evrn after Pore�lasure .
<br /> , ' nroceedln�s an instttuted.'I'o ranstats tht Security Inmumeni,Borrower shaU tender ia s dump sum all amounu ca�red w '
<br /> � 'j , brh�BorcuMa'a aecpunt current indad"uig�to the exteat they are obligatIons•of Borrarrer under this Sccurity Ias�tamen� . ,
<br /> ; _ foroctio�ure cats aad reason�bk atul castomuY auom�'s fas and e�rytas�s Pro�rly asso¢iatcd with the forcctos�ue ,
<br /> { prooesdlA�.Upoa rsiastatement by Borrower,ttds SecuritY lnstrumene and�the obligadons that it s�arts shal)remain ia effect as ' ,
<br /> .� j � if�mder hui not nequired immediau psynsent in fvll.However,Lender is not roquired to pecmit rcinscatement if:(�Lender has
<br /> . oceeptRd rciruuttement aSter the commencement of forectosirre Otocadiags within two years immcdiacely prueding We ,
<br /> • ' cammenCemmt of s current forectosure proceeding. (u)«instatement will preclade for�ecloson oa di�ferent grounds iri the . �
<br /> [uture,or(�ii)reInstatement wilk adverseiy affcct the pr�ority of the tien created by this Secvrity Instrument. ,
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<br /> . � 1L 1Keswer YVot�:'Fotbeus�oe�LeMer Not w W�heu Exteasion of the dme o€paymrnt or modification of �
<br /> amortiution of the sums secured by this Secudty Insirumrnt granted by Lender to any suceessor in interest of Borrowor sh�ll not
<br /> ' aperute to rekase the liability o�the original Borrower or Borrower's suuessor in interest. Lrndet shall not be tequired to '-
<br /> commence Droreedinjs a�nst any s.�ces.or in interest or refuse to extend time(or payment or otherwiu modify amortization .' � `.
<br /> of the sums secured by this Securitgr Instrument by reason of any Qemand made by the original Borrawer or Borrower's
<br /> • sucsessors in interest.Any forbearance by l.ender in e�cercising any right or remedy shall noi be a waiver of or pmlade the
<br /> . acetcise of any r�ghc or�emedy. •' • �
<br /> ' ' • � 12.6�eaweni�M A�tp�ib��d;loi�1��&senl A,l�AfBtq;(:o•511sees.The covenants and agrtemenu of this Secvrity --
<br /> ' Instrument shtll bind and benefit the successors and assigc�s af l.ender and Borrower,subject to the provisions ot paragraph 9.b. ;;:
<br /> Sonowex's covenanta and aRtuments shall be juint and sevaal.Any Sorroxer who ca-signs this Securiry Insuument but Qoes ".-�=
<br /> not execate the Note:(a)is co-si�ning this Security Insirumertt onSy to mortgage,grant and comey that tio►rower's interest in
<br /> . the Psoperty uader the tettas of this Securiiy Instrument:Ib)is no1 personally oblig�ted to pay the sums seeu�ed by this SeCUrity "
<br /> i • tastrumant; and (c) agrees thst Lender and any othcr Bc�rrower may egree to extead. modify. farbear or'make any =
<br /> • accommodatIons with re�ard to thettetm af this Security Instrument or the Nate whhout thu Borrawer's consent. , �
<br /> l3.NNiess.Any natiee tu Borrower provided for in this 5ecurity Instrument ah�l!be given by delivering it or by mailing it by
<br /> � first etiss mait untes9 appticabtel�w requires use�f anotha rnethod.The nc�tice shall be directed ta the Propeny Address or any
<br /> athet aQQres�Horrower d�fgnates by notice to 1.�:�er.Any R�tice to Lcnder sh�U be givtn by�rst class mail to i.ender's address
<br /> StateQ herdn or any Address t,taQer designetrs�y c.n:•rice ta Borrower.Any notice provided far in tbis 5ecurity Instrument shall
<br /> ; be deeeoed to have been given to 8ortower ot E,ender when�iven as provided in ehis paragraph.
<br /> 14.Co�si11M�I,sw;StfersiWty.This Security tnstrument s:�a:l be governed by Federal law end the law oP the jutlsdictlon in
<br /> . which the Property is locazed.In the event that any�rouisic+n c.r clause of thic Security lascrument a:the N�te canflicts with ap•
<br /> plleable law,such conflict shall not atfect other provisiot�5 vf this Security Instrument ur the Note K`;:ch can be gi�en effect
<br /> � without�the conitictina pravision. To this cnd c!�e pravisions ot this Security Instrument and the �ote are declared to bc
<br /> . severable. ,
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<br /> LS./�trowet•��:oOy.Borcower shall bt given ont confor:ned copy of�his Security Ins:.:ument. '
<br /> K.As�oe�t o!Re�n.Borrowor unrondition�!!y assigns and eransfers tu Lender atl the rents artd:��rnues uf ehe Property,
<br /> � ' Bonawn anthorizes l,ee�dtr or L,ender's agen4s to coltrrt the reats anA ravenuts and herehy directs eac'�trnant of the Praperty
<br /> tn pay tAe rtnts to txndt►or I.cndet's agenU:Nnwevtr,p►ios to Lendrr's notice ta Liorrovrer of Borrower's breach of a:sy c��re=��� �-�-- �� - - �
<br /> nu►t ar aareement ia the ScScurity Instrument,Bmrower shall�ollect and receive all renrs and revenues of the Property as truccee
<br /> for the benefit ot Lender artd Borr�wer.This ac�ignment uf rent9 cunctitutes un ab�olute assignment and not an assignment f'or
<br /> � aQ�itionr)stcurItY anly.
<br /> IP Lender�ivts natice of bseach to Borrower.lo)all rents ree:ei�ed by Hurrower shat{be hetd by BorruKr:r ns trustee fnr brnefit •
<br /> ' { of Lender pniy.to be�pplled to�he sums securGd by�he Security Intitrument:tbll.ender tihuJi be en�itled tc►collec�and receive nll
<br /> q1 the tents ut the Ptotxtty;and(c)ach tenu►t ol the Praperty sNall pay all rents due and unpaid tu LtnQer ar 4ender's agent
<br /> � . on LenQer's written demznd to the tenant.,
<br /> Borrower hts not executed any priot as�ignment of Ihe tents anJ h�s nut nnd wil�rtot pertorm asiy act that wc�uld pte�cnt ,
<br /> ' t.csidet Prom cxercising its rights urtidt�tl��s paragraph 16. .
<br /> " �,eader shall not be required to cnter upun,lakc��ntrol ut or tnain:ain the Propeny befure ur after g,v�ng noii�e of brra�h ro �
<br /> � Bottawet, Eioweve�.l,ander nr�judicia�ty artminted rece�ver may du s�►at any�ime thSre�a a brcach. At►y apptc�at�on ui rcut� ,.-..__-�-._
<br /> . ah�lt not rute or waive any defiauft or invalidate eny c�sher nghi c�T re�neJy c�f t.rnder. i hiy assihmnent uf reneq uf the Pruperty ,
<br /> shall ttrminate when thc dcbt sccurcd by thc ticcuri�y fnsttumern �s pUrA m full.
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