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<br /> . (i)All or ps�t of th�Property.or a brn�ticiul tntercat in a trtut a�viiln�ntl ur part ot tho Froperty,is sold L.
<br /> �h or o�henviao unnsferrcd(ather thna�by devlse or desxnt),�:�w9
<br /> �� (ii)The I'rap:�ty �S u+�t oa:t�pltx� hy the pnrchnser or�ru�ntsa+as hls�sr her principnl msidence, or ttte �_
<br /> ��,, purchasesr or E,mniee does co arRUpy tha Propetty but Ais at t�er credit has not bcen nppruved in �
<br /> -�� accordasr.c:with th-requSrem:n�s of the Socretary. -
<br /> (c)No Wat�•v.�.If clrcutngtta►oes aocur thAt would pFmiit LenaUsl tr ce�uite immediute pay�nent in Ittll,but -
<br /> ,,�,;�;,t,,._.,� I.ender does srot requite sucJ�p�yments,Lender daes r�ot tvaivm its righis�virh respert ro subsequent events. �
<br /> . (d) Reg�alatians ot IiiJlD Sece+�ary• In muny clrcumstaseces ra�;t>>tAi�ons lssued by the Secrttary wilt limit
<br /> '; Leader's r��,t►u.in th�ca�e of paym�ent defaulto,to mq�n3ee Icnm�llate�yntent In t1►11 und forec9ose if aot
<br /> � paid.This&esurisy U�stnuaait does not uuthot3zo uccelemNo�a o1 fareclosuee if aot pern�ttte�by regulations
<br /> �. of the Sscret:uy.
<br /> (e)Mortgv�F Na4 Ls�ured.Bonower ugr�thut if thts Sta►�iS}r ltistatm.�nt and the Note nr�not detenafued
<br /> w be ei[giRdv far lasurnare under the Nutloncil HouslnB Act�v3lt,ln 60 days fmm the date hereof. Lender
<br />�:;t,;:. '''' may.ac iw option, require immfldinte pAyment ►n fup off a11 aurra sccum,d by this Seturlry Insteu�ent. A
<br /> ,;�;;� wrlaea sc¢f.t.s+nr�t of any authorIzed nrent of the Secretaey datt�sa�luequ•..nt to 60 dqya fmm the dute h:reof,
<br /> declinin� ca i�awa ttds Securtry Iustru�nsnt and the Nota. sfiitSl be deeraed concluslve proof of a�*ch �
<br /> �.=.�.� ineligibil;ty. Npnvi�hsttut�ing the foregoiug� t4is option cm�,}� t►os bo exerclsed by Lender when ¢ha
<br />������� unavaitabiliry of insw�ucwe[s salely due to Lender's faiA�ere tp rtanit m m�rtgago dnswarc�pnmiwn to tlie
<br />_ `��:: Sectetar�►:
<br /> �`�`r-�� 10. Relnstutc�r►e�►t. Borro�ver hns �dght to be reinstated it l.�ta has r�(ui�+ed immedlata payQtent ia fuU
<br />':.;;;,�'`�'� bzcause of Borroara's fuflut�e ta pay an Antouat duo under the Noto oQ t?�is S�cu�iry Ias+rument.T4is rigttt appiies
<br /> ';,;��;,k even after foreclosura pmteetiings ure insdtuted. Ta r�instate tho Sea.ir�ly instmment,Borrower shaU tend=r in a
<br /> '-=r�' iump sum sU aaco�:.nu required to bring Borrower's acflount curre�t i�.1�r�ra�,to the extent tkey are obligations ot
<br />``�"� Borrower u�mder ttds Ses�arity In9trum�eut�foresiosure costs and reasoraMlx as�d custcmaaiy attomeys'fee.s and e�cpeases
<br /> _ =��,� properly assaciated with tha foreclasure pmoseding.Upon reinstat¢�ns by Borroaer,thla Securlry lnsmunent and
<br /> -_- — ahe ubligations tlsslt it seaures shall remafn in effect as iP Lender 1�,�:c�un req�n3red i�late payaaent hi fuQ.
<br /> b�A� .a�v�e.-, ;,�ud�r ia aat r�r,ulre� so �t rein4t?t!��t 1f; (1? Ir�r hss. �eepted reSnsuitemcnt atter the
<br />__^'�;;".�� � , mmuaencer�nt of:foroElt►su�a pmcc�diags a+ithln two yearR imnned?sr.tJ�-Ftooe��g ttie oomn►encement of a ctuc�ent
<br /> =-� foraclosute •prooecs�it�a, (ii) relnsuucmEnt wlll preclude foreclo�r..r� a� dlffe�e.nt gr�unds in the fl�cu�+e, er (iif?
<br /> ceinstatement wlll le�v�ssely�ffect th�prFority of the lien created by k'�1�i�eurity 1ust�umcat. ,
<br /> - 11.Bon�owur l�fat b3e�sed= ForbParuncc By I.ender N�E a�'Ih�lvcr. Ss�cpslon of the time of pa�ymeat or
<br /> -r:; modUicadon of arnortltutim of tt�:sums seca�rcd by Wie Security lastmm�►s gr�t[rte.1.by Lender to aay suaxssar in
<br /> interest of Borrov►�:a s1��81��t og�^•eato to r�lease the liubiliry of t�A dti�an� �¢uAn�+rer or Borrowez's suoaES�r ta
<br /> interat. Lender c+b.sJl a�af be reqt�ired to commcitfle prnooeciings a3dLz.z3.aff,Y s�caasor iu interest or nti�se to actend
<br /> dme for payaur.s��or ot�uuwiae mosiify umortixation of the surna aecurrd'E+Y ttsls S:xur[ty Insuument by t+enson of any
<br /> ----`-- deanmd mada by tdre oa3ginzl Hormv�er or Borrotiver's suoo�sor�in i�,ttrese.Any ibrbearnuce by Lender in eaorcisiag
<br /> aay dg�t or rerae�y sbaLl a�+i 6c a�vaiver of os preclude the e�cercise o�ec�y right ar r��edy
<br /> 12.Su�soau aa��Aesi�u Bonn�lt Joiat and Severnl Lt�+lilly�.�a5lg��s. 'Thhe co�enaats and aga�ments
<br /> of this Scaarity Icpm�t shaU bia�and benaftt tho suca.ssors aad an.sl�oi I.ender and Borrower,eubject co the
<br /> -- provisions cnY patt��i 9(b). SflscmvTa''s oavenr�nts aad agnte�nct,ls spb23�bo joint und severu�.�ny Bort+na:er wbo
<br /> -� oo-sign�chis ge�vsity'T�ue�rsas but daes not excate the Noi�:fQ�ts�sl�nfug this 8ecuriqi;(usw�q�at oaly w
<br /> atoitgage.grant�1 oanv�y tls�t Borrower's interest iat t&e Pro��:es�:t t�e trmns of this 5cturlty tastt�ivazt+t: (b)
<br /> _ ___ is not personally�01�11�to p�y ths sum4 sec��+ed h;�PnSa Se�ntrttv Ir,a►.nuc,eut;im� (c)t►�rces thnt Lende�.'md,any
<br /> _ __-_-- _- other BflerQ�ver Rdy a�roe to exte�.�.m�ifg►.forbcar ar m.�[ce a�s}��ao.�,�x�dations with reQard to the term�mF thts
<br /> Sxurity Instn�aa�t a�W:Hav9 wfit�aut t�t Homower's oonse�a.
<br /> — �Od�tINE�CJGOt 1. Pye 9 ot 8 Intt�.S��i•
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