99101774 - Laserfiche WebLink

Browse

� .. , .1 �._r�.J � T^� ' . � � ` .. �� . . � n •- �. . .. .. ._......._.........'__"" _ "_... "' __ i __._.. .. _ . .. -_.__ .. . ... . . _. . . ... ,. „ . . .... . .. ., �� n .. �, , .�1}pr' -' '� _ „ - .. � . . - .•. . . , . ... .... ...:.._ ..-•- ... . _. .._. ylHII'jN�F �� , t �� ' � 99� �c��.�� ,�::. .. � �� .. (i)All or p;ut of the Property,ur u�sneflcinl iaterest ln n truat a�vning NI or p.�n of thc Praperty,is sold ��; , . - or othenvise trAnsferred(other than by devise or descent),aad ° (ii)7'he PropErty is not occupied by the purcha5�r or gruntee us his or hoe principal,residcnce,or the �`� purchnser or gmntee does co oxupy the Property but hia or her credit hns not been upproved in -- _ � � accordance�vIth the requlre�nents of the Secretary. __ "'"��j� (c)No Watver.lf ctrcumstances occw thnt would permic Lender to require immesliiute paymsnt in full, but �:- '''�� Lender does not requice such payments.Lender does aot wuive Ita r�ghts witb sespect to subseqaent events. _ :...vX+�'.A 1 __ (dQ RegulaUor�v of HUD�t�netpry. In many ciccumsusaces reRulattons Issued by tiie 3ecreuuy wlll Itmit __. . �' Lender's righta,in the cusP of puyment defaWts,to require lmmediate payment in fl�ll and foreclose if not ... , paid.Thia Securiey Inatnunent does not uuthorize acceteratton or foreclosure if not pemiitted by re�ulaUons �_ . ; of the Secretary. _- � (e)Mortgage NaY IAS�c�l.E�rrower ugree,a that if thia Se6wiry Instrument and the Note are aot determ�ted _ to be eligible for insucance uader the Nutional Housing Act within 60 days from the date hereof. Lender ' may. nt ita opdon, cequ{re im�nedinte payntent in full of all sums secured by thfs Secudty Instnuaent. A _ �� "' wrltten staternent of any authoiizec!agent of the S�retary dated subsequent to 60 daya from the date hereof� _ , . ' deciiuing to insune this Securiry Insuuntent and the Note. shall be cteemat conclusive proof of such . iaeliglbilIty. Netwithstanding ttre foregoing. t6is optIon may not ba oxercIsed by Lendet when tke __- unaveilubUity of insurance is solely due to I.er�der's faUure to remit a mortgage insurance ps�emiwn to tDs S�ecretary. — °��°-�`�'�� 10. Retnstat�cat. Borrower has a rip,ttt to be rainstated if 4eader has requind immediate payraeat in tWl _,,rh�' because of B�onower's fallure to pay an a�uuunt due under the Notc or this Securlty Iaauum.ent. Thia right appltes .. . even after Eoreclosut+e proceedings are instituted. To retnstate the S�rurlry Insuumeut. Bflrro�ver shall tender ia a ;:.;;:;;�,�`' � luunp sum aU amouats requtred to brin�lbrrowcr's ac�ount cw:ent including,to the caetent they are obli�atians of _�_,�:f Borrower under thta Serur�ty Instmment,forerloBUre oosts and reasonable and customary attomeys'fees end eapenses -°-•,r..�:;v;�' Pmperly agsociated wit6 We fore�2oswe pmcceding. Upon reinstatement by Bormwer.this Securlry Inatnurtent and "=�;,} the obligadons that it aecures sh�ll renaain in �ffect es if Leader hsd not required immediate payaient in tiill. °":•.� Hos.��ar, L,�lec L n� r?�Llr�+! s� germir r�einscatement if: (i1 Lender hus axeDted reinstatement �►fter tha "��I.. wmmencemeat of foaeclosui��roccedings wtthin tcvo yeurs imraecflately preced[ng the commertcement of u cumnt ' ="��31� forerlosure praceeding, (ii) neinstatement will proclude foreclosure on diffemat grounds in the fliture. or (iti) ��---_-== reinatatement will adversely affect the prioriry of Hto Iten cieated by tbis Security Insuumcat. - --- 11. Borrower 1Vat Rel�ssed; ForDaura�ce By Leatder Not a Waiver. Batension of the tin�of pnyment or --��=� � modiflcation o9�moatizntian of the sums secured by this Security Instruruent grauted by Lender ta any suoctssor in -,:.�r.�z+� intenst of Borroaer shall not operate to retease the liability of the o�igMal Borrower or Borrower's suocessor ia -_ _- -:�-� iaterest. Lender shall not be s�quired to convnence pa�ooeedings against any successor in Interest or refuse to estend __:.��'�;'�J� time for payment or othcrwise modify amorti7ntion of the sums secured by this Securtry Instrument bY tcason of any _ -