|
,.:;� .
<br /> . ti ,
<br /> ,
<br /> - ...
<br /> �.._..__ „ , ,�� � ,Y.....- -
<br /> • .. , ..� . .
<br /> . �go ������. V�_..
<br /> (i)Alt ar prut of tho Prapetty.or u bsneticlnl interest In a tcust owntnB�ll or part of thc Pmp�sty, is sold •
<br /> ar otturv�i�e trAnsfetred(other thun by devise oa descent)�uad ~�
<br /> (ii)74to�tapeity is rtot occupled by the purchaser or grontee as his or 4er prLtcipnl cesidence, or the '''�
<br />- pucchaser or grunt� does so oecupy the Property but dis nr her credit hus not been approved jn _-
<br /> . :._. nccoMaure vrith c6e requleeraents ot the St�retary. =-
<br /> ;.�;�' (c)Mo Weiver. If citcumatnncea occur thnt would permit Lender to require immedlute puymeat in luU,buc -
<br /> •----��� ' Lea�er daes aot regui�such pnymente,Lender does aot waive its rights with respect to subsequent events. `
<br />- (d) Regulatioa�s of HUD Secmtary. ln many circuinatnnaes negulutlons issued by the Secretary willltmit =-
<br /> , � ; Lender's dghts. in the caso of puyment defuulu�,to requic�e lnunodtate payueent in fWi aad foreclose if aot '=�
<br /> ' pntd.Thts Secarity Insttument doa aot nuthorize¢ocelemtion or forectosute if not permittai by e+egulut{ona r�''
<br /> � ' OY t�16 SSCDe1Ary. �''�=
<br /> (e)1Vdo�4gngo Not I�ssured.Boreower agrees thnt if this Ss�uriry Iasuuraent mad the Nous ure aot dete:mined -
<br /> ma
<br /> ��`� .
<br /> to be eliaible for las�u�nce uudar the Nut[onal Housing Act withia 60 dq}ra from the date hereat, Lender r:
<br /> may. at its option. c�equire im:aedinte puyiaeat In tW1 of all sums Becured by tbia Securiry Iasuuaeent. A r`
<br /> . � written stutement of any authorl2ed ttgeat of the Secrztary daud subsequent to 60 dnys from thc date Q�ercof� � �
<br /> . ',: �' dCClltt�lig t0 �OSUIC tI1I8 �EC11tl[j► IZ1StR11AEllt &Rd tll0 NOtB, shall be deemed conciusive pmof of such i._-
<br /> „ ,� ;� irieligibUiry. MotwIthstaading We forEgoing, this opdom m�y aot be exercised by L�snder when tho �
<br /> L sn
<br /> unavaUabllity of inswance ia solely due w Leadar's failuto to s�emit a mortgage insurance pr��ium to the �'
<br /> �,�_ �Ii.:=—
<br /> lU. Rdast�tanent. Borrower has a rlght to be�instuted if Lender ha9 requic�ed i:nmediate paymeat in fuU t'
<br /> '�� becaus�of�orrower's failuc+�ta pay aa amount dus under the Nate or thle Securiry InstcumenY. This right applies
<br /> evea after forxlosure pmcaedtags uce �sdtuted. 'D'o ceinstnte the Secteriry Insuument, Bomowor sh�li tender in a ��'
<br />� (rimp sum all nnwuata ccquit+ed to bria��orrower's socouat cuerent including.to the exunt they at�a obligatioas of __
<br />:<;�:�, Bormw�r under this Ssc�atlty Insuument,foreclosute costs Aad reasonable and customnry uuomeys'feES t�d e�tpeases :
<br />-;:;�,�,� Properiy associnted with eka foreclosui8 pmcecding.Upon reinstauaxatc by lBorrower�tDis Securlty Instrument and
<br />'.}«; the obUgatlona tl�at It ser�s shaU remaia ia effect as if Ler►der had aot re��l lmmediata payment in tWl.
<br />''�'�' '���..
<br /> �`�,.�: _ � _ However. Lendcr is aot requSrod w pemiit relnstatemeat if: (i) Le,nder has accepted c�stntea�nt aRer the
<br /> ..,';,;,` ,; ' ;, commencement of forerlosure pruo�s wlthia two years immediauly proc.�ing me ooaurc�ncement of a cumnt
<br />,_;.;�:`;,,;,' fomcIostua procecding, (ii) relnstatemtnt wIU p�im�le forectosure on dlfferent g�ounds in the ftitune, or(iil)
<br />��;,,r��t.� .. �, ceinswtement wW adverseiy affxt the prlority ot tZce li�ccaeestted by thts Serurity Instntment.
<br /> �tr:;.��_,, .
<br /> ,�y ,� , .j 11. Borrnwer Not Rele�ed; Forbearance By II�ender NAt o Wa[ver. Sxunsion nf t�e ti�$of payrnarnt or
<br />=`�R',:.�..� . , aiodltication af amortizatioa of the aums stcuced by this Saa�riry Iasaumeat grauted by I.end�r er�ony euooessor in
<br />�u":��:~� ;! intanst of Burrower st�aU aot operas$to rlcase ttie 1iabSlity of tha origiaa! Borrower or Burn�oxver•a suaGSSOr ia
<br />'�=-� successor in interest or reflase w eztend
<br /> '��.�-;,!, � Intcrest. Lender shail not be req�i�ed ta waamence pracoediags e6'� �Y
<br />�t-�' ��, flme for payment or otkeiwise modify amortl�adon of ahe suma secured by this Secudty Instn�meat by mason of any
<br /> :��,;.
<br />'".�;��"'^ � demand made by tha orIEtneI Borr�wer ar Boxmwer'a eaoassor�fa intezsest.My t�¢:bearanoe by Lender[n az�nising
<br />»�,��f�.._.,. ,
<br />,�,� �,.,:a_ -� uny rlght or remsdy shalt aot be n wxiv�a mf or pn3ciude the eaenls;oi any dg�t or remedy.
<br />-=':+e�•`•�-. ±� 12.Su�c�ssore�ad Assigos�aa�t,�o1nt end Severel lf.�-�731t�; CaS:gneis. Tlce oobEnnnts and agceements —
<br />�_,.,.js.�k�� i.t
<br />-�mh��,�::5;
<br /> - ,, of tt►ia Secudry Insuunnent shaU hind aasi benefit the sueoessore and r�sigm o e�aa arrawer.su ect to e
<br />�at': k p�rovislons of paragraph 4(b).Borcower's covenants and agceements eh�ll be jois�t and severul. My Borsnwet who
<br />�.'`,.Yi ' ' n
<br /> •:4.;7�,� an.signs this Sxuriry lasuument but does aot executc�be Notc: (a)ia ro-signing ihfs Soeurdty [asnumeat c,nty co
<br /> -_-=-- t�rtgage.gn�t and ooneey thut Barrower's intere.st in tho Pmperty�mder the terna of thia S�cnrlt�r Instrumenr,N)
<br />-�';�"�.","?�[';. !s r.ot pe�,rl�obligated w puy the sums secured by this Securnay instniment:and(e)ngceES't'hat Ixnder uad nny
<br />_�o�'�':�� othes Bortow�may agsee w extead.mmdi fl►.forbear or make any acoommoduttons wlth regar(1 to the te�ms of tt�is
<br />-�J;.�.;�: �'" � SecurIty Instiument or aID�i�ous without Wat Botro�s,xr's oonsent. __-
<br />;.;��•;; �,.,..;,.,.�,
<br /> P�
<br />�_��
<br /> - �ID�F�a����
<br />-__ .-_-_..�b':� "
<br />�s-���ii1 `-"_
<br /> �t' !�� ' ri.
<br /> _:Y.�`���.«.� __
<br />_ '�'`'.� �4RlNEl�eaoa►.o� ve4eaa+a �� -
<br /> - ;._ ,� _
<br /> - I ru
<br /> {:"�
<br /> �_..
<br />�:;:':' '( R iM'-
<br /> i;•...� �
<br /> � ,, LA:"''
<br /> � 1 �"�
<br /> _ �'I _ _ _' _��..''L�
<br />� =:,..:.:� 3--T . . - . " -.^^�T.*^ReN!:'u�er�ru� ��Ilps�tf.•.-xvr.C"�r � vsra..�,�.�...- -"--- _
<br /> . .-.._..�.+ .
<br /> �
<br /> . .�i �u . . ' . -ii��hp 1 '
<br /> i�0 � .
<br />.- . -, �� . . . � - ' ' � 'i - _.
<br /> ` .�.
<br /> �
<br /> , ._ ..,...
<br /> _ _ _ ._._..- ._.._._ ._._._ _ ____ ..____- ___-.__ __.____ --____ __-- ___ - __ __ -- _
<br /> ' __'_---_ _.._-__._ .__._ .__-__.._�� . __- . _.___ _ ____- __-___ -__ _r.- __ --'�`T_� _- __-_-. ___-'- __
<br /> n v.�
<br />_ n �� ,. . . . .. � ., .. . � . ,� .. � ., � � ..i'� d' ' .. • a .. _ i� E
<br /> . ' . •. : ' - �. , . . . .... ., , .. ' _ � "
<br /> . . ,� , ' (� �. .. _ . -�`
<br /> � .. 1 . '.. .. 1� „ ' . ,� �` ,
<br />- . . � . - . ' .� i� , � . n : � � . .. . ,> . �� , .. •• ' . . ._.
<br /> � .. . . .. .. � � " • . � v . .� .
<br /> . �� . .Y . - .. .. ' .. n - � -' •� � . .. .... ., .. ..
<br /> � . . ' .. . . ' " .. T. ., '. ..".
<br /> . . . " - .. . . .. '! ..
<br /> .� .. :) � �� .. " . . ..._•_-____�i__�.��- .._ . "'_. ..__ ,'_._ .
<br />
|