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: X — 105337 0. Cr.da fair AaWww at of OeW. (a) Odmiall. Lander may. etccept a limited by r+egttlatioms Istm d by the Secretary in the use of payment defaults, require iasnsediato payment in full of aft was secured by this Security Instrument if: (1) Yatower defaults by failing to pay In full my monthly payment required by this Security Instrument prior to or on the due Gate of the amts mosably payeaau. or III) Borrower defaulfa by faitial, for a period of thirty days. to perform any other obligations contained in this Seamy Instrument. y^ ads Wllbaa CnM App*YsL Lendw shall, if pa *W by applieabie law and with the prior approval of site Secretary, require ---Is fa do dds Saauity, Irwnime t if of an sums �y Is otherwise trandand (outer thin by devise or deaoae) by the Borrower, and /iii Tito prgtaty `not oadrpW by rho purdwer or gninew as his or her p6nary or secondary residence, of the purchssa or Ranee does so oocatpy the Propaty but his or her meths has amt been approved in - ooedsnoe with the eaquitvmm of do Seminary. i (o) No Weis. if circumstances occur that would permit Lender to require Immediate payment in full. but Lo da does cot require such payments, Lender does not waive its rights with respect to subsequent events. i (d) ■agtdolm of MO SeesNsrir. In many circumstances regulations issued by the Secretary wfll' hotels Leader's rigltcs, ie j the case of payment defaulu, to require immediate payment in full and foreclose if not paid.. This Security Ima unseat does j trot aathdodw aocchxadon or foreclosure if not permitted by reguluioas of the Secretary. W. Ralmanommaal. Gorrawer hat a right to be reinstated if Lender has mquire4 Immediate payment in full because of ' Borrower's failure to pay an amount due under the Note gar this Security Instrussnt.. This right apples even after foreclosure pooeedio0 are instituted. To reinstate the Sccdority lastrwment. Borrower chap uteri, Ire a lump sum all amounts required to 61as Borrowot a account current including. to the extent they are obiigatioru of bonower under this Security Inummieon. foreclosure cotta and reasonable and customary attorney's fees ands expenses properly associated with the foreclosure proceediy. Upw4 reinstatement by Borrower, this Security Instrument and the obbqatbns that it secunx shall remain in effect w If Lander bad not required immediate payment in full . However, Lender is not nquile d to permit reinstatement if: (i) Lender has accepted reinstatemmot after the commencement of foseuloisure procadsatgs wfwfts two years immediately preceding the commersoeme st of a current foreclosure proceeding. (ti) ranslatenreat will precio -Jr foreclosure on different grounds in the future, or (di) reinstatement will adversely affect the priority of tide hest created by this Security Instrument. 1 IL Not Qa.. amd; €acts By Kx -t Not a Whim. Eaten -.ion of the ti= of pamew or modificuicin of at6orr; ea" of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shag no operata to release the liability of the original Borrower or &mower'q successor in interest. Lender shall not be required to eotmnom proceedings against any successor in interest or retina to extend time for payment or otherwise modify arnorlisatiom of the sum secured by this Security Instrument by reason of any -demand made by the original Borrower or Borrower'-o f suca'uors In interest. Any forbearance by Lender In exerasseg any rdgymt or tonedy shall not be a waiver of or predue-ttAe wads of any rWd or remedy. ` U.9 OW Masdi JaW stn/ 8tverY 1JsMWr; Ca- Signers. The covenants and agreements of this Security Imrtsumeaat chap bind and 6etrefit the successors and a'•uyra of Lender and Borrower, sub*t to the provisions of pantraph 9.b. Borrower's covenants and agreements shall be idiot and several. Any Berrower who co-signs this Security Instrument but don W execute the Note: (a) is co- signing tech Secvrrfy Instrument on:v w 7tAYtgnge. grant and convey tt hm Wirrower's interest in W the Property under the terms of this Security Omssoumadr (ho .s not peiserally obligated to pay the suna secured by this Security li strumesut; and (c) Wreta that Lendet and any othe4 Borrower Pthy agree to extend. modify. forbear or make any =° accommodations with regard to the term of this Securitiv 9t., cent , , the Nate i6ithovi that 8 mower's comas- IL Nellete. Any notice to Borrower provided for In this Swum Irial tment shag be given by ddi%vOng at or by mailing it by f ra dais mail w0m epplkable law requires use of another merhW. T h; ntxke shall be directed to the Property Address of rat• other address Ow ever designates by notice to l enter. Any molice tc+ 1. e i i .xr shall be given by first class moot to Lender's addrt•t:, (! stated herein or any address Lender designates by notice tv Borrow;, . Any notice provided for in this Smunty Instrument ttttsW list edeeni ed to have ban given to Borrower or Lender *W. -n given as provided in this paragraph. U. Govern be Low; Sewwstiq. This Security Inuronw, +Iraq be governed by Federal law and the law of Ott turisdiclion in I whicb the Property is located. in the eveta sthut any provisio at or clause of this Security inumme nt or the Note conflicts with ap- plic Me law, such conflict shag not affecs viler provision, of this Security instrument or the Note which can be given effect vAkiwot the coafliaWg prodttiswe. To this end the VivAsions of this Security instrumau and the Note are declared to be 111. Baentrer s Cefy. Borrower shill be SSAen one cunfu..ned copy of this Sa-urny In urument. W. Aaskesine l of Reels. Borrower uncooartmnally anign , and translern to Lender all the rents and revenues of the Propdrn:t !l>, avower authorizes Leader or Lender's meats to collect the rents tend revenues and hereby directs each tenant of the Properly to, ycay the rents to Lender or Leo*t's yenta. Howevey, rr- i to Lender's notice to Horrower of Borrower'+ Mesh +f any cote• tim.,w or l grriensent in the Sec-ur,; °I; Onstrumemf, Wwrn , •+t45 c4tlIW and ravine all rents and revenues of the Prr�ry oy as trustee War the beadlt of Lender mad Ileyrdmwrr. This wsilitnnsap rof rents constitutes an absolute awlso nem:. and not swo alignment for additional security «wy. If Lender gives notkx of lW avA to Borrower. (a) all tents teuesved by Borrower %W he held by litrrrrower as Ira wit roe benefit '4stiLad1er only. to be appWd tics i to sums saved by the Sm-wdy Irwtunwa; I b1 Leru&v d" be entitled to :oleo rural receive all 013k teats of the Properly: adds (c) each teaaot Of the Prvpersy shall ptry S U rear• due stand unpaid to lender OF Leader's agent Sorrower has not executed any prior amignment of the rents and has not and will not per form any act ttw *oW d girr%4st Leader from exam4sing its rights under this paragraph le. Lender shill not be required to enter upon, take control of or maintain the Properly before or after giving na►ce of breach to Borrows. However, Leader or a judicially appointed urciser may do w at any time there it a !+reach. Any apphration of rem% ante stet cue err swiss stay default or invalidate any other right or remedy of d endet l bit awgriment of rents. of the Property aWl tertaieste wises the debt secured by the Sammy Instrument is paid in full /liter 4 of a� J