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MFLIU53 I Q48 � A 8one�war dmliohis by �q b pey'rn iW �erll niorMMj/t payelhent required by triple Searrgy► Irrs�hrrtertt .. . ... ' dole d the. inor" Orpvmnk or, rMA n x)•B&r4*er' +!Moults by 1ri� fora• Miod if fihirty dogs. to 'Perim any cow . K cadabed to ante Seaway inakuwnt. (b) Sees wadwet Credit Approtai Under shah. tf pernitbd by appieabia law and with the prior approval d the 0gWy, rpuh itrarhadome payment in fui d'al the rim seared by this SKaNgy hh:trunmt N: _ N ;r part of the R opaty l�s, atiNrwlee Seto reed (atler than by ditviet+ err dacerri) by tape BorroweE. and - - - = - - The ft*" 4 mat ooahtiiod W the paw a warom as Me or her pr%* or Secondary raeid�rho� err tine Pre ! { or grarriot does aw cox f the Ptopanly lean rite a her psellt Nee to been apprared in aewn.11M M with the negri�rharrfs •. of tit SIMONY. `ciroun"ltrroea (p} No Wanner. N ocarr that WMN pentit Undef a r.gmir Mra.diate �s ti #A but Ur t does ` not rairN4r< am* ply wit isobar does not waive tls 6$0 VM reaped go subeequset orris. M Reg*tie W of HIED SWr"y. In nrjry droupekrroes req ieYons issued by the SeaelarY will limit Lerhders ril1lMt. in,** co se of payment,deloulls. ibo no*** hmonh$Old payment in Man d faidose N mat paid: This Security Instrument . dale mat aulhori M ecalaretion or krodoeure If not permuted by reSriami of the Sueetey. ; 10. Refnslatstnent• Borrower has a right to be reinstated 1 Launder has roc! ired kmodielp pgnw t in lane because of Borrowers tagure b py an amount due under the Nolo-or )his Sac ray ins Wwg. Tlis � applies even agar foreclosure prooesdng! . F as lnlV u,,ad. To reiheleta the Secrgy 'Mhsirumnt. Borrower ,anal tertdor h e, lump sum es aenaarts Feghrired to .Ixhg Borrowers they are dtiprdions of BOrrow.r. MISS` this Sewrfty irwerw ert. tonctowre caen end • acaoheht can t i nda ft to the ardent , reeaarabb and' culomy awmeys' `foie and eventses property associated with the fonebsure proceeding. upon iehatatsmetA ly Bonowsr: $is Searlly klokuwat_ and the ob-OWons that it sa cu" ahal ronnein it ellad as N Under het not nqui'ed irmeMe peynettt in lint. However. Lender 'is not required to pemit rehataternent N: f7i Lander has' aoeeplod reinallhOr hest alter the comnerwome t d *01CI aura Proaerllhgs within two yeses immediately prece&g the cor"twooment of a aunt forecloaue will foreciosure on different grounds in the future. a (e) reinstatement wi adversely aAoct the proceedrp. (1) raihstabment preclude priority d the lien, crowed by this Sechrrt[y Instrument 11. Borrower Not Released; Forbearance By Lender Not a Waiver. E64ena10n of the time of paymertt a modlication Of amortbd n of the sums seared by this Seemly instrument granted by Lander to any successor in interest of Borrower shes not opante to raisaee the liability of the NOW Borrower or Borrowers successor in interest Lender shag not be required to i oorrmethce oosadin p against any successor in interest or refuse to extend time for payment or otherwise mocify amortization d the pr sums seared by this Security ityy instrument by reason of any demand made by the original Borrower of Borrowers successors h Lender in any right or remedy shall not,be a waiver of or preclude the exercise of any fight !retest Any fodworance by exerdsing or twmtdy. r... . 12. Successors and Assigns Bound; Joint and Several Liability; Co- SignerlL The covenants and agreements of this Seargy InsManent shal bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of pwagsph gob. Borrowers covenants and agreerrents shag be joint and several. Any Borrower who cosigns this Security instrhrnwit but does not weans the Note. (a) is co-signing this Security Instrument only to ffwdpgr, pant and convey that Borrowers interest in the Property under the temps d this Security Instrument; (b) is not personally obligated to pay the sums secured by'this Seautty that Lender and any other Borrower may agree to extend, nnoefgy, tohbeer a make any accommodations with ; Instrument; and (o) agrees regard to the tern c f this Security instrument or the Note without that Borrowers Consent 13. Notices. Any notice to Borrower provided for in this Security instrument shag be given by delivering it or by rt>aing it by first dsae met unless applicable taw requires use of another method. The notice shall be directed to the Property Address or any 'Lender Undoes other address Borrower designates by notice to lender. Any notice to shag be given by fret class mail to address stated herein or any address Under designates by notice to Borrower. Any notkm provided for in this Security instrument shat be deemed to have bean given to Borrower or Lender when given as provided in this paragraph. 14. Goveming Law, Severability. This Security instrument shall be governed by Federal law and the law of the Jiriodb:on In which the Property Is located. In the evert that arty provision or clause of this Smutty Instrument or the Note congas with ePptc' able tow, such conflict shat not offset other provisions of this Security Instrument or the Note which can be gwn effect without the conoi*ng provison• To this end the provisions of this Sm-rvty Instrument and the Note are declared to be severable. 15. &Mot Oe$ Copy. Borrower shell be given one conformed copy of this Security Instrument 16. Assignment of Rents. Borrower uneor dtiortaly assigns and transfers to Lander Y the rents and revenues of the i property. Borrower authorlm Lender or Lender's agents to collect the rents and revenues and hereby directs each tenant of the Property to pay the ants to Lender or lender's agents. However, prbr to lender's notice to Borrower of Borrower's breach of any covenant or agreement In the Security Instrument. Borrower shag soled and receive 0 rents and revenues of the Property as trustee . for the benaAt of Lander and Borrower. This assignment of rents constitutes an absolute assignment and not an assignment for . additional searity only. N Lander gives notice of broach to Borrower. (a) all rents received by Borrower shall be held by Borrower as trustee for bones of Lwber only, to be applied to the aw secured by the Security fnstrumertt; (b) Lerida► shall be entitled to collect and racelve Y ns of the rants d the Proputy; end (c) each tonaot of the Property shall pay erg rants due and unpaid to tender or lender's agent on Lender's written demand to the tenant. Borrower has not executed any prior assignment of the rents and has not and wig not perform any act that would prevent Lender from exorcising its ftMe under, thin Paragraph 16. Lender shall not be required to enter upon, take control of or maintain the Property before or after giverg notice of bream to Borrower. However. Under or a judici* appointed receiver may do so at any time there Is a Welch. Any apptcaticn of rents shall not ohuG a w&hM. my d4uit or invafdate, any other right or rmtedy of Lender. This assignment of rents of. the Property shag termlute when the debt secured by the Security instrument Is paid in full. 17. Foreclosure Procedure. M Under requires Immediate payment in full, under Paragraph 9, y Lander may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 17, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is Invoked. Trustee shall record a nollco of default in each county in which L :,fin •i .1 4 MFLIU53 I