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<br /> ,:`•`�-.k�%;:«�,� , , (U DdiwM.Lmde�nu�y�exapt a Qmited by�e{u1�Uons i�uad by tho Sec�e��ry i�ihe cuo oi paymeei dcfRUh�.requin
<br /> ,� . imnwd�te payment In fuQ ot dl iurtu�eaund by thb Secu�ity Instrumem if:
<br /> • � � (i)8orrowa def�Wt�by fdlin{to p�y in fu0�ny moathly p�yn►edt requi�ed by thb secu�ity Imtrumeot priar to or on _
<br /> ," ' '� the due dae of the naxt monthly payment.or ;_.:,� ___
<br /> . '°'" (U)Borrowa defwll�by f�ilin/,for a pedad of thirty d�y�,�o perform any other obliutfans comdned in thb Secudty ,p=��R�4A i;l�
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<br /> ; � ' •�. % ymait ��A o�t�he wim�ecurod by �hk bSecurftY Inwurt�aM ifa wi1h the prior appmwl of the Secreury�roquim = __
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<br /> . � , (i)IW ar put ot�he Propeny i�dherwise uamfarrad(aUier Uun by devise ar descail)by Iho Boirowu.and ��.�4
<br /> (ii)The Propeny 4 na axvpbd by tlie purcfu�er or gradee a�his a her or�ry roaideroe,or Ihe q►nch�aer or A.:.__----- -
<br /> �ee dop so oca�py�he Propeny but his a her crodN 1�aot beai in a000rdaax wq4 the roqui�ana�a of the Sec�auy. �-- '.
<br /> in f Dut Lender Qoes uu¢ C°r a'��� '�:,
<br /> . . , .. � ;. (c)No VY�cr.lf cir�occu�that would permi[Lender to reQuirs imenediste paY�ee.t utt. _.r;,;h_ �.... _ , �_-
<br /> reqiw�e suc6 p�y�aa�eats.t.ender doa not watve iu d4hhta with ces�peet to wbsoquea�eyea�. ��`w ,.� . .`
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<br /> .,� '� of SUD Secrel�tl.In roaaY circunnstu�as re�W�tioas iswcd bp the SecretarY�iU[inzi.t Lender's rig6CS,in '�', � ���,
<br /> �r� �:'::�. ,u,,?�Sf tihe cs�ve�oi.��en�detauhs.tv re9uire immodi�te p�ri�t ia ful�aad�orecRoee iF aa paid..'F�is Secu�itY In�trument does �` �'?;r�� .,t �3:k'�.f
<br /> I�� � r�� Ol�IIZ�10fii'iC�ti}2k'(AQIDQ 0I�OfECI06tU!AY OO�QQlmlLkl�bY(�juW10Of O�R4t S�C[l4�Cy 1�7j+ �ir�, ,j1� �i�'��kJ �T,.
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<br /> ,' �;,t��1���,��s '��i� 10. ReinaUtem�N. 8orroaer E� a�ri�Dt co 6e reiastated if I.en�bas reR�ired imm e diate paymenc in fu l l b e c a u s e o f ��� ,,. :ii ���`'�.�! � :
<br /> � ,'1� , ' �� s�ti Eorrowe��a failurx�o pay aa a�aoc�c ane uadu ede t�o�ce� �sccuricr ensaumrni.This right applies even aiter foreclosure � ,. �,.
<br /> ' ...� j � �1��,-��i H`.-S'r � r�,�,�,Eb a�
<br /> '';'..,, y,.��"i,.,,;�!,"..,:t}' .!'� procee d i ngs nre Ins A tu t a l. T o r s i a�a t e t h e S e e�a i t q I�L r ar�e a t.H a r r o w a e h d l t e n d e r i n a l u m p s u m a ll amaunts r e quired to �� . , ,�. ` , t 4
<br /> � t', .��-• ;s,� -ri D r l a�B onowa's accoua t curc en t i rt c l u d i n g, t o t!►e e x t e nt tk e y are obli aadons af Borrawer undet this Srcurity lnswment, ' ',..: +;��'S '���.
<br /> . , :�'.` '..`t . , . ;., foreclosure costs and aasonable and customuy attoraey's fea sind eapenses properly asaociated with the foreclo�ure j �f w�7,_
<br /> •� ��•�,�. '� � •• procading.Upon reinsutement by Bonower,thls Security Insuument and the obligationa that It secures ahall remain in effect as �,
<br /> ��' " � ` if Lender had not aquired Immedute PaYment in full.However,Lender is not�equired to pern►it reinstatement if:(i)Lende�has i . 1
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<br /> � accepted relns�atement �fter tha commencertaeM of foreclosure procadin� wfthin two yeus immediAtely preceding the �
<br /> � ' commencement of a curcent forcelosure prceeeding,(ii)reinstatemem will preclude forcclosure on different�aundi io the � � ' �,.�d,
<br /> �• future.or pfi)rein�trtement will adversely affect the priodty of the lien created by�his Secudty ln:trument. �?���
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<br /> ' ' I1.8ortower NW Rde�edi Fa�e�ce S7 Lend�r Not �Walrer.Extcnsion oi the time oi paymrnt or modification af 3 +*�-,
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<br /> • r.;;.� • amoniudon of tbesuau cocured by thlf Securlty Inslrumrnt arrnted by Lender la any succesaor in interat of Bonower shall not �„ _
<br /> ' operate to relaue lhe lybility of the oriQind Borrower or Borrower•a succawr in interest. Lender:hall not be required to ���
<br /> commence praceedlnys�ainst�ny succeswr fn Interat ar refuK to extond time for payment or otherwlse modify amortizaUon +
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<br /> ' � of the wms xcured by t6is Security Inslrument by reuon oi any demand made by�he oriQind Borrower or Borrower's I , t
<br /> — — sncca:ars!a lntaat. .�ay fasbeerenn!+y 1 enAer In euercisM�ony riaht or remedy shdl na be a walver oi or prcclude the j . _�
<br /> exercisa oi ony riQht or remedy. y�'��''
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<br /> �� 12,gumwon ud A�W Bou�dt Jol�l ud 6e�e�s!UabWlyi Co-�aen.The coven�nt�end a�raments of Ihis Secudty I
<br /> Instrument�h�ll blr�d�d beneRt�he successors ond usi4n�oi Lender and Bonower,subject to the provisions of pangraph 9.b. �
<br /> Bonower':covemnu and aBraments shall be Joint�nd scveral.Any llorcowe�who co•siens�his 5ceurity Instrument but does .
<br /> not exceute the Nate:(o11a co•aigning thia Securlty Instrument only lo monW�e,grant and convey that BaROwe�'s interat in • •
<br /> � the Property under the terms of thls Security Instrument;(b)Is not personally obli�aed to pay the sums secured by this Secudty
<br /> • Inatrummt; w►d (c) a{rea that Lender and any otht� Borrower may agrce to extend, modify, forbeu or m�ke ony ; �
<br /> accommodatians with regard to the term of this Security Instrument or the Note without th�t Hortower's consent. �
<br /> 13.Notlea.Any notice to Borrower provided for in thls Secu�ity Instrument shall be given by dellvering it or by maiUng it by j �,
<br /> firat class mail unlas applicAble liw requira use oi anotha methad.The notice shall be directed to the Property Addreu or any ;t ,
<br /> other address BoROwer desfgnata by notice to l.ender.Any ootice to Lender shall be given by first clus mall to Lender's address � , � , • ,
<br /> ;i� stated herein or any addrcss Lender designites by notice lo Bonower. Any notice provided for in thls Security Insttument ahall �` , ,`, . ,:�
<br /> be damed to have bee�givm to Banower or [.ender when given u provided in�hls para�raph. ;� ;',,��
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<br /> �� l�.Go�ernioQ I,rwi&verwbWq.This Security lnstrument ahall be governed by Federal law and the law of the judsdiction in •:
<br /> � whlch the Property is located.In the event that any provisbn or cause of this 5ecurity Instrument or the Note conflicts with ap-
<br /> ,;j , , ' ; ; pllcable law.auch conflfct shall not a(fect other provisions of thl�Secutity Instrument or the Note which can be givrn etfect
<br /> without the conflktin4 provision. To this end the provlsions oi�hjs Secudty Instrumrnt and che Note arc declared to be ;;:�
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<br /> : , • .. • . , severable. t .:.��,
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<br /> • •'6•.;.,.;�.�' `'. IS.Borrower's Copy.Borrower shdl bt given one conformed copy of this 5ecurity Instrument. � �'; ,
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<br /> � `.:�5;�':•;:�•��' !6.Aala��rent ot RaU.Borrower unrondltionally asslgns ond trensfers to Lender all the renta and revenues oF the Property. ; •�• •-;�;,�.
<br /> " � �'�"'7�� Borrower authorius Lender ot Lender's agents to collect ihe rents end revenues and hereby dlrects wch�enent of the Propeny • ;�,',
<br /> , ' ' to pay the tenta to Lender or Lender's agents.However.prior to Lmder's notice to Borrower of Borrower's breach of eny wve- � .
<br /> � i nant or agreement in the Security tnstrument, Borrower shall collect and rcceive sU rcnts and revenues nf the Propeny as trustee •
<br /> •,,�. for the benetit of Lender and Botrowet.Thls assi�nment of rents rnnstituta an absolute assignment 0nd nat an asslgnmem for
<br /> • , , pdditional security only.
<br /> If Lender gfves noticeot breach�o Borrower:la)all renls received by Borcower shall be held by Bottower as Irusta for foenefit
<br /> of Lender only,to be applied to the sums secured by Ihe Security Instrument;(b)Lender shall be entitled to collect anJ recelve all
<br /> of the rants of the Property;ond(c)each ienant o(�hc Propcny shall pay all rents due ond unpaid to l.endcr or Lender's a�ent
<br /> on Lender's writtm demancl to the tenent.
<br /> Borrower has not rxecuted any prior asslgnment of�he rents and hw no�and will no� perform any act that would prevent
<br /> , Lender irom exerc(sing its rights under thls parugtoph 16,
<br /> Lender shall na be reyuired to enter upon,take control c►f or mnlntain the Prupeny before or after giving notice of breach to
<br /> + Borrower.However,l.ender or a judicinlly appafntrd r�Keiver may do so at any time there is a brench.Any application of rents
<br /> I shall not cure or wuive any defnull or invalfdate nny other righl or rcmedy of I.cnJer. Thfx assignment of rents of Ihe Propert y
<br /> I shall terminate when the debt saured by the Secunty Insirumcnt is raid in full.
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