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M ......... < 90— !_ 10008 ealowas Qa1R+ilt t9 *" b< Pay in"any Mmft psym nt raow by d a swwty mamma prior to or on the due dde d tM MW nronlhty payntartt a iii for --b - #*...,' �Q p ".gyp}��- (b) Sail W111ii" Cradle Approval. Lander shat. it panrktad by Wk" law and with the prior appfuyvrnl of the Seorelary. npsiire berNdats payment in to of d the, scars seasad bjt Ws SiciM frnshanar t it 4l N or part 0 the qty le athwwiee trans%e W (olhar< than . < .. by. dsviq err discard by t!a Borrower. and ty�.�its =ibis =err r�s -- or. grantee don so oc&Vy rite Praprrty but his or her aredt hss bean sppromd b a000triarreo the -riot with rsgtrierrramc - of the 9eorelary. ,_ his Waiver: Ir drasno teat ooarr that world. permit, Lander to rupft imtedate peynrsK h tiiIl, but Lender dries < _ ad tttquie ara>h payrrteruts, Lender doss not waive Rs digits with reapM,t to subeecfrmrt wmrft (0 ReStl M"M -of HUD Saaretary in marry cir urnetartces ntgaaftona issued lei/ th! Saoratary wiry unit Lenders rlglrla,'h the Cate d psymwrt "K ft to ntpis it "ft psyrna t in %A and torsolose K not paid. This Semoft betrtmrrtt doss not euarorbe aooalaraIlort or fondosurs if not PwnrkNd by rapiliorrs of fits Secretary. 10. RNrfsstataane11— Borrower has a NN to be f*"* ed If Lander has aquied imre(Wo peyn*t in kfi beCUM of Bcn+aw * filfra+rt to _ perry an amount due under the Note or" Security itshmmt This right apples even affs fcrecfosure prorsedrtga airy itatarr WL To raits>srfe the Ssarrky instrtartanf, Borrower anal tender in a innp aunt all srAWN re**ad to bring Bonowar's - _. _ . MM" Cuff t hrdrrdrg, to the edent they are ob%dons or Borrower under this Saunky InsNarwt% forv*sm costs and rrbsara6fe and . oualorrrary rtttotrnsys' fees and OPwmn Properly 'assodatad wktt the fondoeraa proceerlirtg Upon by f Borrower, this Seoralfy krattsrtertt and this obligations that k aerxrres shah rentab h effect as a Lender had riot, roquied imartsMe pMnrK in LwvJw is not required to permit relnSIVIS rent k: n Lander has accepted reinstatement after the oorsnwtoenrant of foreclosure proceedings wkhb: two yeas immeditely precsdetg the commgncunant of a uxrent fanclosune proceatirg, (ii) roinstatemertt will preclude foreclosure oft afferent grounds in the lfrturs, or (iii) reinstatement will adversely ailed the _pdoAy of the Ilan created by this Security Instrument. ill. Simmer Not Released; Forbearance By Lander Not a Waiver. Extenslon of the here of pAymant or mod* Wm of antorttsation of the sums secured by this Security Instrument granted by Lender to any auaoeseor b interest of Borrower -__ shad not fb rNsaw the i operate ivy Of tfN_W Borrower_or earrowcr'e ascces; orb Mm;"...t Lesdar-- 'sl',sir •_ . - against any successor In interest or refuse to extend time for payment or otherwise modify amortfaation of the ; MW secured by this Security Instrument by reason of any demand Redo by the origfnd Borrower or Borrower's surcessore it Interest Any forbearAnp by Lender in exercising any digit or remedy shelf not be a waiver of err the or romedy-preduds exercise of curry right =... z 12. Successors and Assigns Bound; Joint and Several Uability, Co-Signsrs. The covenante and agreements j Of this Seaaky Instrument $half bind and benelft the successors and assigns of Lander and Borrower, subject to the provisions of Paragraph g,b. Borrower's covenants and agreements shat be joint and Any r several. Borrower who cosigns this Ssarky Instrument but doss not execute the Note: (a) is ca4lFing this Security Instrumerrt only to mortgage, grant and convey that Borrowar's interod in ' the Properly under the terms of thla Securky insrument; (b) is not personally obligated to pay the sums seared by this Ssmft insftWrM* and (c) agron that Lender and any other Borrower may agree to extend: modify, forbear or nuke any accommodation with regard to the term of this Security Instrument or the Note without that Borrower's consent 13. Notices. Any notice to Borrower provided for it this Security instrument shat be given by delivering It or by trailing it by *0 Class malt unless apPk&bb bw requies use of another method. The — notice shelf be directed to the Property Address or any i other' address Borrower designates by notice to Lender. Arty notice to Lander shall be given by first doss may to Lender's address stated hersit or any address lender designates by notice to Borrower. Any nonce provided for b this Searky Instrurnant shelf be deemed to have been given to Borrower or Lands when given as provided In this paragraph. 14. Governing Law; Severability. This Security instrument shall be governed by Federal law and the low of the Jurisdiction in which the`Property is located. in the event that any provision or clause this Security of Instrument or the Note conflicts< with applcabte law+ such conflict shall not affect other provisions cf this Security Instrument or the Note which can be given effect without the conflicting pmvie m. To this end the provisions of this Security Instrument and the Note are declared to be severable. .' 15. Borrower's Copy. Bonower.shal be given one conformed copy of this Security instrument. 18. Assignment of Rents. Borrower unconditionally assigns and transfers to Lender all the rents and revenues of the Properly Bomowar authorizes Lander or Lender's agents to collect the rents and revenues and hereby directs each tenant of the ROP" to pay the rents to Lender or Lender's agents. However, prior to Lender's notke to Borrows of Borrower's breach of any covenant or agraarrtant In the Security Instrument, Borrower shall collect and receive AN rents and revenues of the Property as trustee for the ber"M of Lends and Borrower. This assignment of rents constitutes an absolute assignment and not an assignment for additiorul security only. H Lander gives notice of breach to Borrower. (a) all rents received by Borrower shall be held by Borrower as trustee for bartufit Of Lander only, to be applied to the sums secured by the Security instrument; (b) Lender shah be entitled to collect and pc*a al ' of the rents of the Property, and (c) each tenant of the Properly. shag pay all rents due and unpaid to Lender 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 *M- eye: &—ing ILA fthts undo: this Paragraph Is. ` Lauder shall not be required to enter upon, take control of or maintain the Property before or after giving notice of breach to Borrower. However. Lander or a judkialy appointed receiver may do $0 at any time there is a breach. An _ rr._4 t -.- 1 y epp^.._LtDI: of raw iiOt - .. axri sisal or w=ivs �1`dbfijutt 4r invatma any athr!r Fft err rar?t y hf Lenft ThrL- a stgnmant at ri60.,a tt16 Frupr„iy f1haii terminate when the debt secured by the Security instrument is paid in full. � f I 17. Foreclosure Procedure. If Lender requires Immediate payment In' full under Pardgraph 9, Lander may invoke the power of sate and any other remedies permitted by applicable law. Lander Mall be entitled to collect ail expenses Incurred in pursuing the remedies provided In this paragraph 17, including, but not limited to, reasonable attorneys fees and costs of title evidence. ran if the* -power of sale is invoked, TruSt99 Shall record a notice of default In each county in which ffi1r5.C,Tl (Ogj90). rlfpp30 Payo 3 of 4. M