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90105442
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Last modified
10/20/2011 5:51:30 PM
Creation date
10/20/2005 9:42:44 PM
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DEEDS
Inst Number
90105442
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I` <br />•. f+raaula for A.telrwn of llaltt. <br />90-- 105442 <br />460 Dom*. Least rot . except w Ihnitsd by regulations lu re Issued by the Secretary In the ca of payment defaults, require <br />into ilaN psynt m in �0 of all Pima secured by this Security Instrument it: <br />111 Nortowar defaults by foiling to poy in sup any monthly payment required by this Security Inanunrat prior to or on <br />flu Aw due of tow mt monthly payment, of <br />1 M() r W410001F YshuNr by Ia111ny, for a puled of thirty days, to perform any other obligations contained in this Security <br />1 I IM l bb W11111 l n N .AW11 d. hardier shall, If pattt*W by spplbalre kw ard wkb ds tip wane o( dw may. mgwm <br />lovetwlw I to In fYll'of 6111,00 son somw by this Ssarky Iniouwseat it. <br />L <br />J <br />Iii AN or part of do F alligy Is ollowise trwtrred (other tbm by devise or dewed) by Wo Borrower. sad <br />1 � lytysel wwgryat nacrpYtd !ty the p a her er err has s e as hen a pher riaaey or teooamary pier or <br />stir w Mt 1'topMty ttw his a her oradi Msr dot been +�ppevMed is a000rdsaoe wnls tie tie <br />feI Nr Wtlm If clrcmanicee ocout That would permit Lender to require immediate payment in W, but Leader does trot <br />ngWm wolf paymmis, Leader dots not waive ifs rigbta with respect to subsequem events. <br />(dl NtBsWaM W HUD 111wo y. In many circutmt-rim regulations Issued by the Secretary will Umlt Leader's rights. in <br />Ilit Beat af payttntat dMaltks4 10 4`11419110 imtrrdlale payment is sup and foralose if dot paid. Tbis Security Instrument don <br />W wtMorlr wadarWop or tomkoure if mat pamilted by regWal loss of the Secretary. <br />W. 11tIoelti11waM. knowaf hill aright to be reinstated if Leader has required immmWe payment in fun because of <br />No dews Man to pay an amnunt duo under the Note or this Security Instrument. M right appOes can after foreclosure <br />proo- "--- rut Iankutsd. To rainsfate Ihw Skudly Instrummt. Dwrown shag tender in a lump sum W amounts required to <br />bbrriitt Nttttowat'a wcoval curnet Muludlq. to the extent they are obligations of Borrower under Ibis Security Instrument, <br />(ortclowtt aorta and ramosabk and customary .honey's fees and eapewu properly associated with the foroclaure <br />pIss ., 1. Upon ralrratatameat by Borrower, this Security Instrument and the obHWI*m that it secures shelf remain in effect at <br />If Mader bad not tpukd imtaedlese payment in full. However. Leader is not required to permit reinstatement if: (i) Lender has <br />aooepttd roln"araew aft► the comanncemat of foreclosure proc"ags within two ymn immediately preceding the <br />—No" of a cunvat to whisure proceeding. lily telmausneni wU1 preclude foreclosure on different groumb in the <br />fWure. or fill) reloa tensiew will adversely aiffM the priority of Our Hen created by this Security Instrument. <br />ill. Nrasww No Rtlsaudt yorbaressa By Ins sdea Net a Wslvw. Bxtendem of the time of payment or modification of <br />ateorrtrapors of use rum aactired by oW wurity instrument granted by Lends to any successor in interest of Borrower dself not <br />opleate to eldest the Mmly of the oripinal Ilormwer or Borrower's succe" r in interest. Lender shall not be required to <br />oommtnoe proondisp "W" any successor in interest or refuse to extaul time for payment or otherwise modify amonizsion <br />of the sums secured by title Security Instrument by reason of any demand made by the original Borrower or Borrower's <br />wooason in Warty. Any forbsaraap by Leader in exsnising any right or tonally shall not be a waiver of or predude the <br />exercise of any rigbl IN foamy - <br />13.8wsoawr s tests Ntaadi S@M a d IMrrteel L elell t G• The covenatas and agreements of this Security <br />Emiumant :half bind a1N1 benefll the successors and assigns of Lender and Borrower. subject to the provisions of paragraph 9.b. — <br />Borrower's oovtaaats tux) agsommis shalt be joint wad several. Any Borrower who Co. sips this Security Instrument but does <br />me execute the Noll: (a) is ua•slonins this Security hnstrument only to mortgage, grant add convey that Borrower's Interest in <br />tbt Pfoperty under the tams of this Securwy Instrunwal; lbl b not petwnaUy obllpted to pay the suns secured by this Security <br />lasuuw.mt dad (e) apt& that I.mder and any usher Borrower may agree to extend, modify. forbear or make any <br />a000Yadatiaaa wdtls regard to the lane at Ibis Sacurey Inutuweat or the Note without that Borrower's consent. <br />IL NeedwL Any notice to tlurroww pro WW for in this Sac-urity Instrument shall be shun by deUveting it or by mailiey it by <br />firer class taut wiles: applicable law r@quwn use ul another method. The notice &hall be discoed to the Property Address or any zo� <br />other addraa Norrower designates by rooltrY to Leader. Any malice to Lenda shall be given by first class man to Leader's ad *= <br />slaw I n or easy addles Landes designates by a nka to Wxro*er. Any notice provided for in this Security Instrument AM <br />be deemed to have been gives to Bomma or Leader wken pvea as provided in this paragraph. !1 <br />K Gevolift hour fte@atabry. This Secwity Instrument shall be governed by Federal law and the law of the jurisdiction in <br />wbkb ten Property is located. to the roan that any provision of clause of this Security Ingrument or the Note conflicts with cep. <br />F150 a law, such aoaltitt shut not affect ulna provistuas of this Sa-urity Instrument or the Note which can be givm effe s <br />wk!Moat lbw eoafliain/ RVA Mtn. To this wad the pruvWm of tbq Security Instrument add the Note are declared to be <br />", Welik. <br />H. Barawer's Copy. aotrower shall be gisea ow t,uslsxmW wpy ut this Security lauruaterst. <br />Ili. Awdgwwss el of Reafa. Borrower mmontitticntally awigru and transfers to Lender all the rents and revenues of the Property. <br />ibrroaror wthoriea Lender art Izaln's agewls to cullea the tents fwd rtevenues and hereby direcn each tenant of the Property <br />oe pay the rents to Lender ui lmWer's ums Noes". lwww to Lender's nuttee to Borrower of Borrower's breach of any cove• <br />teat or agrtanent in the Socutity lastialie 1. Borrower &hall copal and tecdve all rents lend rewaues of the Property as trustee <br />for the bweefli of Larder and ITwta*w. This as apawt W ipN► 4=1111utes sat absolute assignment and not an amilgruncat for <br />additional security only. <br />If Lender gives nWim of broach to 11we Pia. sal all ims iweived by Nwruwce shall be held by Borrower as trustee for benefit <br />of I.andtu �, to be applltd lu the mum mkus N by ten Soo war v tttclr usseat; IN I.entdet ►hut he entitled to collect and receive all <br />of The tents o the Proprty; and (el task lewder yr the I'rupnty shall pry aU rents due &rod unpaid to Leech of Lender's spat <br />on L.ender's wlittea dlsoaisd to the away. <br />Borrower Ion nos executed any Mot twyinmaen t.t the Neat► and Mu tool and will MH per fan any sot that would prevent <br />lender frnm elnerelsiog Ns tightr uedw skis poles ph N <br />Lender shall not be requu@d a► @nice wirst. tabs vussliW art w "mottaht Iltt Wupmv berate ut after Ipvipg nolke of breach to <br />6onowtx. However. Leatltt pt a )uds►1aUy appw�td rwoNl►@r racy tdu sat al any suns 1Mae w a Ixewh Any application of rents <br />dM not cm or waive any default or snsai"@ say utM ryhl iw rowuviy of 1 ender trite w4vunml are rents of the Property - <br />AW terminate when Me" secured !w the liwway lam Veneta is paid in full. <br />W <br />
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