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<br /> $9--105800 t�
<br /> �� eva►c af]ass Bor�ovver w�! ve immediak notic�b aw'1 to cfie y any of the conditions or � -
<br /> t� Y a�rtta�ent5�ntnitie'd'm tlais instrat�ent,or
<br /> L��w�a �tke - of Wss if t�ot a�s3e tbe aa�c�fiici�it °` -- -
<br /> � � pro�Y oq �.tf�n t�t tniiro�p�.�ipsi sum aud st�ued - -
<br /> �rcrrra,a�d acY iawrs�oe eomp�ny c�o�oeraed is bereby interGSt sh�il Rt once bec�me d�ie aed p�ysMe,u ibe ekaion of tbe
<br /> a�tYorized aMd direeled W malce p�yaait[or wch lo�s diredty W I.endcr. , '
<br /> tk l,e:ider�ead Qi ta tl�e Bom�Rtr aad t�e treader:jobntiy.and .
<br /> --- �e iw�ace prooeed�ac saY Out ttiet+ao��p be aPPlied by ttie [roder sh�U p�+e eotia to Baro�rer prior ta aCOdeation .. . _. _ .
<br /> I�ader at i�s op�s ather w t�e eedw.�tioa af tbe indeb�edn� foibwina Bwmw�r's bidal�uf any eovena�t a a�reement ia Wis
<br /> Lerebl►,socured or to tha re.aontion a npir of.t6e property inmummt(but arn�nsar ta�saxle�atioa�eder p�ryrtpi►}2 uWess �
<br /> . d�m�ed.Ia ev�eat o[forcdoau�e of t�is im�ummt or otber traa�fer sppiip�bk bw pro�idt�oHe�'wi�e)•'I'�e.adice swl!specify:fa)t►e
<br /> of titk w tbe mortpi'�P►�P�Y m���af tbe ,def�ofr{b?[he xxion rcqulied to curo tbe dehul�;(c)a dite,noc Less -
<br /> irdebtodees,s secund i�reby�al)ris6t,titk sed idterest oE t6e t�an 34 days Cmm tUe date t6e notice is 6iven W BoROwer,bY wfii�ch
<br /> HoROwa in�ad w aoy inauranoe polieaes tben in foroe sbai�p�ss[o t6a default must be w�ed;and(d)tl�t 6��ue to cure�rl�defiutc on
<br /> d�P���►�- or 6eForo tbe date spxi6ed in tLe aotioe may resutt in acoeleration
<br /> of the sarns sewred by t�i�strua�enE and sde of tle.Ptvperty.The
<br /> 9.Tlwt as sdditioad aed cwilatcrd sec�urity for tLe p�ymeet af the natict s11�II�FurtLer iefotm Borta�rer of tbe riaLt to ttinstate after
<br /> ade daiaibed,and all smAS ta beeome dua uader this instnunen� accekrrnilan�tnd tl�e ri�t ta 6ri�g s ooun sction to�scrt tha nn� � .
<br /> t�e Boao�rer 6aeby axyqs to tLe Leader�ll p�o5ts,revenues. e�iatcnae uf�a default ar nny a�er defe�e af Borrowa to
<br /> royahia,ri�6ts aed besdts accruina to tba Borrower uader any�nd �.�eieration aad�ale.If t6e deftult is not cured o0 or before the date
<br /> aB a7 asd p6lea�s ou srid p�eme��vith tho ri�t to receiva and spatified in tbe notice,Lcader at its optioe may rsquire immediate �
<br /> reoeipt for the satne and appiy them to said indebtcdncss as w�11 payment in full ef aIl sumg secured by this instrument witheae
<br /> • beton�aRer defaWt in the oortditiaas af tbis infxrumcttt,and tha Cuithsr,demAnd and may tnvokt thc powec of sak sad any�er :._ ..
<br /> - l,+eader�y deqnnd,sue for and r000ver tay sucb p�pmanis whan, r�qzcxlir��siued by appiicabte taw.Lender sha111x entit�tcs ,i,_�..
<br /> ' daeand pYsbi�but sUsll not be roquira!so to do.This s�signmanl: r.�!]s-r�ls�!l:es�senses inturred in pursuing tbe remedies provided iq � .
<br /> = is ta urminatc and become null and vad upon relase oi ttti! ti�is paragcaPh l3,includiag,but not limited to.rasaaable
<br /> . ��� attorneys'fces and costs of title evidena. .
<br /> � 10.Tl�t tl�e Borrower r�q1.lte�p sde bu�dirlts ugan said�premises If the pow�x of sale is invoked,Tncstee ahtll rerord a notice�:�� ; '�r;:`� •
<br /> ! in aood ap�ir,aad aeit6er ccs�mnit nor pamit�wasto upan said[and. defiult in each county ia whicb any part of the �`,�. , �:.•
<br /> aor suffer t�e said _misestu'be used fon�tati,�aalf�wful �nY is bcar�il.� ;
<br /> i r .,, C?s' Wirpase• and sAall mu't copies of such notice in tLe manner pc+�ribcd by� , �
<br /> � applieabte law ro Borco��tr,and to tUe otAer persons�+c�cribed by =,.��_
<br /> . .. 11.Tbat e£J!w j�'rmites.or sny pan�ther�af,6e condEmmnad under applieaMe I�w.After thEa�ine requirie�by sPPlip�fi�;�, ,Trostee -- �—
<br /> tJ���wer of raninent domain.or�cquired for a public us�the shall give public notia of sale to tlte�ns and i6 t?nt.�nsnner ,��,'_'�
<br /> d�ml�CS awacided,tbe prooads[or tLe taking of,or th� p�escnbed 6y�appliqtble law.Trustee.without demacr,�on Bonower, � �
<br /> oon.wkratioof:3tsuch uquisidao,ta tGe extent of t6e fait aEmount of shall seq the Property at puMic auction to the hi�hat L+a�der at the �
<br /> indebtodnas u�nir this iastrutaent and the ttote whieh it is given to time and pltce and uader the termt desigc�aud in thts m:tia of sate
<br /> xcure rsmai�u;ipid,ue hereby�ssignerl by the Borrower to the ia one or more pucets aad in any order Trustae de��ines.Tn�stee
<br /> Leader,and sh�ll be paid fortfiwith to said Lender to be applied by maY postpc�sale of�Il or any pual of the Propex�y by public
<br /> tbe Tatter en a000unt of the next nuturing insullments of sucs annouacaru�C at the dme and place of any previousJy schedWod
<br /> . _ - ���• sale.l.endt�xi,r.its d�ci�tnce may purchise the Propertv at any�le. . ___
<br /> • 12.'1'iK Bontsvwer fartlur agroes that sbauld this inswmaat and Upon raxipt of psynr�r.`af t1x price bid,Trust�+c�tli detiver to � �
<br /> tlit nq+�se�ziit�i�tercby not be digible for iesurance uader the the purc6uer Trusta's deod oonv�yin6 tbe ProperCf,.�e recitals in '
<br /> iValii�u�l Nousing Act within ei�ht months from the date hcreof the Trusta's dad sh�ll be prima facie cr�-id�ertce af t���trath ot the
<br /> (wri��;n atatemeet of any o�oi the Deptrtment of Housina and statements made thareie.Trustee slull ap�siy tbe prc�eds of the s�ii� �
<br /> Uttsun Devdopment or aatlwrizod aacnt of the Sccrotary o[Housing ie the foUowle�order.(a)to all expenses ot the s�1e,,utetuding,but ' ��'
<br /> �d Urb�e D�eve�u�t dst�ed subsequent to the eight munths'timc not limited to.Trusta's fees as permitted by appii.ixlz��l;aw snd
<br /> — , :i:.L::S v::C�.°'..°+i�Lw�1,7R.i:s�t'w.a,iiiiiiy�iv iipiiFc asw�ivit int� [CiSOt1iDIE iROft1EY5`tEES:(b)to aii sums s�sued i;�y�qtn�5ecunty ��;;
<br /> tbis mortpae,bein�damed i�onclusive proof of suc6 ineligibility), Inurument;a�t�i(c)any exce�to the p�q or p�k�ally �
<br /> t�e Lendcr or hoider of tbe nute may,at its option.dccure all sumL entitled to�� � ,
<br /> atcurod hercby immediauly due snd psyabk.Notwitbstanding the � _
<br /> foreaoina,this optioo maq not be exercised by the Lender or the 14. Upon acoeleratioa wtcier parajr�pb l3 or abs�d�i�^•nment of the - `
<br /> 6older otthe nou wheo t6e inclisibility[or insurance under the Property,Lender(in per.�nn,by agent a by judicialiy�ppoieted '; .:
<br /> Nuional lbusiea Act is due to the LendePs failure tu remit the reoeivtr)shoti be entitiod to enter upoe„iake possr��on of and �
<br /> . moitgsse insurance premium to the Department of Housing and man�ge the Pt�c►perty�nd to colfect the.r�trt�of We l�rp�erty
<br /> Urban�vNopment. including those put due.Any rents coltecced by I.eeidt:r or the �
<br /> reexivtr shill be applied first to�yment ot the costs:ut managcment
<br /> 13.'i'!ut if the Borrower fails to m�lce any payments of money of the Propeny and wlkxtioe of rents.including.hur nut limited to,
<br /> wben the same bawme due,or[�ils to coeform to and comply with raxivePs fas,premiums oo recxiver's boeds and reasonabk
<br /> attomey's tces,and then to�he sums socured by tAis instrument.
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