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r Gnu& few Aealwadise of DOW. gar.. 105262 %) Dduk. Leehdkr tray, except as limited by regulations issued by the Secretary in the emu of payment defaults, require Immediate payment in fun of all some txett W by this Security Instrument if: the o 1orr to �tla ulls net ilift to Payt In full y amoolily psymak required by this Security lnum merit prior to or an (d) Borm er defauBa by fading, for a period of thirty days, to perform may other obd8atioat contained in this Security 04111110 N►Ilbwt flirt ApMrwd. Leader nlasn, if by appnc" law and with tb prior Wpwvai dub Secretary. toWitim isnatsdim p,tdrasset in hU of an deer sums sscmn0 Searlty home amt if: (i) All or part at the Property is otherwise msmdsrrsd (oiler than by devise or descent) by the Borrower. and (iiiProperty is not aonyby the pw+dnmer or 8rsn- as his or her pri�ae or awoatdary aeddenm, or the purchaser or doers set the but hisnr ions esadit hr cot behesa eNaaead is yaocwdaree wish rise wquitesoem of the Snrersssy. (o) Ns r14 m If draaWanaa occur OM would permit Lender to sequin iimmtediate payment is full. but Leader does mot ropire such pmyrments, Leader does not waive its rights with rsspect to asbietlueat events. (d) wsplallama of BUD 8ecte11113. in many cimumstances regulatioma issued by the Secretary will limit Lender's rights. is the sees of payment defaults. to require immadiate payment in fuY and foreclose if not paid. This Security Instrument doer not autborias a011leratiaa or foreclum a if act permitted by n golatioas of the Secretary. IL iislaMausml. Borroww has a right to be reinstated if Leader has required immediate payment in full bemuse of Borrower's fall re to pay an amount due under the Note or this Security Instruamr. This right applies even after foreclosure ptoceemp at Witituted. To reinstate the Security Instrument. Borrower shall reader in a lump sum W amounts required to Borrower's account currant including. to the extent they are obligations of Borrower under this Security instrument, foreclow a carte and reasonable and customary attorney's fen and expmm properly associated with the foreclomm V r IN 4' _.Upon reinstatement by Borrower. this Security Instrument and the obli Wlons that it secures shall remain in effect as if Lends had cot require immediate payment In full. However. Leader is not required to permit reinstatement if: (i) Lender has accepted reinstatement after the cornmencesnent of foreclosure j r e-P ings within two yam immediately proceding the Commmoaneat of a current foreclosure proceeding. 00 reinstatement will preclude foreclosure on different grounds in the future, or (ill) relassawaseat will adversely affect the priority of the loco created by this Security Instrument. IL Mae 600 Net iolsb■g4h Fwssmesaw BI Lemur NO a Waiver. hanMston of the time of pnymeat or modification of arnottindon of the smears securrdd by this Security Inurutwai Fgr=aoted by Lender to airy successor in interest of Borrower shad not opuate to reuse the BaWdty of the original Borrower ,,w Borrower's succcuoT err v%terrst. Lender shall aw lot required to ooatenetacc proondhW against any successor in interwrt or refuse to extend time for pukroent or otherwise modir) amortization of tea sums am, by this Security lawarne t by reason of any demand made by the oogrvA Borrower or Borrower's woossson in Interest. Any forbsetafty Ibl; Leader in esewWrng any c4ght or rema;y shall noel be a waiver, of or preclude the naetrcise of any right or remedy, U. Seeawmea said Arellin Bsna/i Joint and Sereval LkMWy; fix+•M1gres The covenants and agreements of this Security Instrument doll bind and benefit the successors and assigns of Lender And Borrowa. subject to IN provisions of paragraph 9.b. Borrower's comments stud sgreeammts shall be joint and several. May 'Borrower who co -signs nhl:d 'S,acurity Instrument but dares not esmcute the Note: (a) is co- signing this Security Instrument only m mortgage. errant and cornvc -i that Borrower's interest in the Property under the tetra of this Security Instrument; 4b) is not personally obligated we prey iN slims secured by this Security lmAnimeat; mad (c) agrees that Leader and any other Borrower may agree io rexiomd, modify. forbear or make any accammodstloma with regard to the term of this Security 4,aarumou or the Note wt:nout that Borrower's consent. 13. Notices. Any notice to Borrower provided for in rhi:; St"ihi. Im i urrtent shall be given by delivering it or by mailing it by first class snail unless applicable law requires use of another ombodt. V.r• notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. My noun to Lr; d shall be given by fins class mail to Leader's address stated herein or any address Leader designates by notice'lo Borrower. Any notice provided for in this Security Instrument shall be deemed to have bear givao to Borrower or Leethder when given as provided in this paragraph, sob. Gawrulmg Laws SevereYlly. This Security Instrument shall be governed by Federal law and the law of the jurisdiction •io wbicb the Property is located. In the event that any provision or clause of this Security Inurement or the Note conflicts with W plicable sat the.conflicting provfsia. affect other end the �pmvisions of ibis security huUumml wdahe Note an 'btdecland to be nwerable. IL M m ms's Can. Borrower shall be given one cooforahed copy of this Secunty lnstrumec:e Id. An llinea t of Nam. Borrower unconditforaft- & %,jigra and tratufm to Lender all the rents and revenues of the Property. Sot -owes autborizes Lender or (- eider's agents to coUkcr she rents and revenues and hereby directs each ltnant of the Property AW way the ream to Lender or Leader's agents. However.,;pnor to Lender's notice to Borrower of Borrower's breach of any cove- nant or 88nt+eUMI in the Security Instrument. Borrower shall collect and rt�-eive all rents eruct revenues of the Property as traaee for dw beacfiit •cr'1 Lender and Dorrower. TUis assignment of rents coaseautes an absdute "agnrnent and not an assisnaheaoc Ifw additional seew.rity only. If Lstxkr giver nutia of iareaeh to Burrower: ter) W m l!s received by Borrower sWO be held by Borrower as acumbe for benefit of Leader only, to be aplAnd uo the sutras secured by thor 5=utity Instrument: (b) I .dtaki- shall be entitled to colkr,. soul reccire all of the rents of the Property.. le) each je a mt of the Property shall pay all heats due and unpaid to Lender art Itraler's agent on ueooer • mid oRahaaa to ire t tttr,rcr Borrower has trot executed any price+- +lwt:ipment of the rents and has not and will net perfq rr any act that would prevent Lender from exercising its rlghu under Vhta paregraph 16. Leader shall amt be rquimd so enter upon. take anatrol of or maintain the Property before or after giving notice of breach to Borrower. Hoiweuer. LamOv or a Judicially appointed receiver may do w at any tome time u a breach. Any application of rents shall not care or wage any defauh or invalidate any other right or remedy of lender This aasignmena of rents of the Property shall term mM whet► the debt secured by the Security laatu ateat is paW in full. al at�rs:- mar . i > 1 -- 4 + _ _