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<br /> � , , (i)All or part of th�Pcoge�y,ar a Ogneficia!interest in a tn�t owaing sll or pan of the Pcog�rt3+, , �;.\
<br /> • • or othenvise taansferred(oth�r thau DY devisE or descent),and
<br /> � . �u�Th��rog�ty is nat a�cupled by the piucha�er or grantee as his or her priacigal restdense,or the _
<br /> purchnser or �tantee does so n�cupy the ProPer�Y but his or her credit hag s4t b$en ap�sroved in
<br /> , . .,� , asxordaaoe rrith th$res�uiremEnts of the Sec�eta�r3+• �mmediate paym�►t ia fuU,but -
<br /> ' �„_:-. (c)l�ta Ws�dv�r.If circnmstances oxur tP�at wmild�rmit Leader to require.
<br /> d � CVEIlIS.
<br /> _ ,:�,- � Lender daes aot cs�quiie such paymEnts,Lender doe3 not waive its rigiits with rsgxct to sub..�luentvn7l limit .�~
<br /> ' (�Ite�a➢utt�ag aY�iJA S�emr9. I n many c I r c u m s t m a c e s r e g u l a t i o n 3 i s s u e d b y the S�e t a i Y
<br /> JA
<br /> ���'s�ghts in the case of paym�t defmilts,ta req�ue imnaedia�e payment in full aafl foreciose if not ���``
<br /> paid.'Il�is S�w�iry Insau��t dnes nos�.uhnaiz,s a�celeration or forectosu:e if aot permitted by reg�ilations �__
<br /> . . � of the Secretary. and the�tote are noi�tE-�;a�3 -
<br /> � c (e)lU�origage Not Ins�.Borrower agc�ees tl�t if this 8�cu..*ity 1ns3rument �;'=_-
<br /> . � ,.;� to is�elip'ble for insuraIIS�u�d.'•r the National Hausing Aci within QO daYs fmm ihe date hereof, Leader -.
<br /> s may, at its ogtion,recNue imm��Paym..Pn3 ia full of all sums secvred by tbis Se�vrity Tnsuum�n�A
<br /> dated sabsequens to 60 days from the date he�of, ;,-
<br /> _ � ;x-� auriuen stateaAent of any autttorized ageut af tt.�SecretarY i,
<br /> d�clininS to insure this SECarity Insv+�a� and the Note, shaU be dcemed oo�lasive pmaf of such �,_,_
<br /> . t..• � �n --
<br /> .. � iaeligffi�ity. Notwithsta.adin$ the foregoing, this opsion may aot be exerci`ed hy Le�er when ths =-
<br /> ;� an�.^va�lab�itY of ins�uanoe is solely dae to l�eader's fail�e to remit a mortgaSe�plemium w the °�_
<br /> . SEC1�1�/• F��-�
<br /> - --` , �— 1('i. R�"�3e��I. &orm��er�es a ii�,r�i t�� ��'�•^'°.it3 =f Z�t�ac renuired imme�,qx•,S�eal ia full :.
<br /> er �_�-
<br /> "�` � because ef Eonower's fa7ttne to gay an am�d�r�er the Note or ttus S�.vrity Inscrumznt. i�,.is ri�irt:��� °-
<br /> evea aftcr fazeclosure proceedinSs are instituted. To aEinstate the Seaulry Insdrument, Bo�s�sv:+� shall ¢�:c°�a a -__-
<br /> .: � iump sum a'.1 a�aouats r�qnire:�to hrin�t Boaocver's zeconau�t including,to the e�t si�j are obligatiflns of �
<br /> �-�� Borrower ns�3xr this Sccuriry Inst�u�-fo�eclosure a�sts and�easonable an�c¢.�tomary attar�3s'fees aad expenses
<br /> n
<br /> --..... -�- 1 P�P�Y���with the foresiQ�ue pmc�ding•UPoa reinstaterient by 13nr�er,tlis Seaait5►Insorument and
<br /> the obligations that it s�ca�s s�il is:main in effect as qf LEader had aat m�.d immediate Payment in full.
<br /> ' ' � � However, L,euder is nui m.�uirest. w petmit reinstatement if: Ca) Lender I�, aecePted raa�sqtement after the
<br /> � • oo:,.,;,�n__�-^-*°^t of foiecflvsure pmceed'mgs wlthin two years imm�tiately precedi�g the cam�..�cemeat nf a aur�nt
<br /> ` � I fareclosurc proc�din&+ (n? ��e�t w�l pmclude fo�eclosure on�diffes.� �ro�s � �e ��• or (iu7
<br /> � • reinstatement arill adv�dY atfecx thr Ptiflrlty of the li�creaicd by this SeauitY. fisc'uument.
<br /> tha
<br /> 11. Bflrrower PIot Rele�sed; Forbenranre By I eIIdrr Not a Waiver. �aa.casioa of the tim$of gaymeat or
<br /> � aaodifc�tion of amoxriTation of the sums secund by thIs S�rurity Ia,ctmmeQi gnated by Leader w aay suocessor in
<br /> ' inter�t af Bomower shall aat operrsE co ielease the liabiliry of tlt$originai Bflirower or 13��er's suc�essar ia
<br /> � ' interest.Yxader shall uot be requued to commEace proceedings ag�inst anyr succx+sor in irtraag:t.�:s rzfuse to exteas!
<br /> .... . - dme for payment or otfr�rn3se malify aawrti�ion of the sum4�uetl by tbis Ee.curity��;��T'ay r�srr�of any►
<br /> . demaad mz�e by the ori�inal Borrower or Borrower's successois in inteRSt.AaY fi��sanoe by Lender�c:.ercising
<br /> � _ an y ri�t or semaQy sha11 not be a aaivsr of or pieclude the exercise of any ri�In:�-c r��.'y- �
<br /> • ' � 12.Susccssois ead Assigns Bonndi aoint ond Seveial L�abIItty.Ccr.s:i�rt�.'�.'t9xe�ja-..3ats a a d a$r e e m e nts
<br /> ���i•:r:z::;�:_,.
<br /> ,�.,; , . .
<br /> �.-: of this Security Instn�sent shaU bind and beaefit the suos�ssors au�assigns aL-F�ader�ri W�r:ower.subject to che
<br /> .a��:,_..�=y� prnvisioas of paragraph 9@).Borrower's covenants and agreemsnts shall6e jr»t and r,everal.Aay Bormwer o
<br /> -�:_�;`�'' ; oo-sigas this Security Iasm�ment but does not ezec�te the No2e: (a)is co-sign'sng this Security Iasuument on1Y to
<br /> :y=:�'"���� � mort�o.�nt sad convey that Boirower's interat in the Propeity under the terms of this S�ecurity lasuument:N)
<br /> = • is not psrsonally obl3gated to pay th�sams secured by this Security Instiu�snt:aad(a)ag�thai Leader aad aaY -
<br /> �':.�:_::i ,�..� otltei�orrokver may agreE to ezeetvl.ns,:Aify.forbear or�uake any aocommodations with re1v.-�ta ttte tem�s of this
<br /> ;;:.s��` =t . SeauitY insuument or the Noie cvi�rni�:��at Borro�veT's consent.
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