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<br /> < . ....,. . . � .z:.. . � .
<br /> , A�y ' oi tUa p��oceMs ta tlie pci�cipd shsll not sxtend or pe�tpoae the du�dac�of tbe montiil!►p�Yeepns.rrltic�
<br /> .: -.. ,. .:., _--
<br /> - i�.t�: _sA ��#t�taDh�,Qr cb�te_��an�M.af snc��urments.An�r'caoess _ �•�nbun�n�.�i� �- -�--__._
<br /> �- _�
<br /> __— � pi� ���i t`-biol�ofe at�t�5�curTty�asmtmen[st�1�1� isil�entitY kAUY entithd tAet�eto.
<br /> ,��. �.Fea.Lender may cWiec!ias aad cl�uta authorined by the Sacretarg. ''�.--.'�- � :=
<br /> � . ' . ,crki.s3r�i`ib-c.. — _
<br /> !,Cew�s'[or Itadq�tM�et QeM. '�� � _--
<br /> ��� -�r�� --
<br /> ' • (s)Oda�t.Lrnder msiY,eseept as Wi�ited bY regutations issued by the Sccrqacy in the caseof paymrnt defaWts.rEquire � ����
<br /> Lrnd � ,-
<br /> - _ ' , irttroediatrpsyma�t in Polt o#att�sarns seciued by this Se�rity fistrumau i�: _ < ; � ="
<br /> . .. " � i la�lt .y.
<br /> . ty { � ��s('r'
<br /> t::f. ' . , � (i��Borroaer defauits by failin�to p�y iu full any monthly payme�st required by this Sceurity lastncma►t prior to .-.,t .�T�,�;;�. �}��'
<br /> ;: .,or on t6e dae due of t6e na�t monthlY F�Ymrnt.or • .. ,-::;:�;. : ;..:.: ,�:ys�=;��'• ;:
<br /> -�.. � : .
<br />` . . _ `- 't�)8orrower defauhs by faYna,for a period of thirty days.to perfam any ocher obligatFons coatained in this .
<br /> . � Security lnurumeac. � . ,, . .. �� , �. :. .
<br /> � ': - ; - -li�S�i�1A►i1Mrt Coe�it A/*caral.Ldrder shall. if pecmitted by app�pbk tavv ead wttfs.th�pcfor appcnvaE flf the - -: -- ,
<br /> - `=�5ecretsrS►.rMuict fmaredttte paqraau it�fulE af alE thc smns secured by this Sec�rity fasuummt if .
<br /> � M _ .
<br /> . � ��`� • (�All or Put of ifte 1'copertp is otherwisc uansferied(other than 6y devise or dacant)6y fhe Sorco�ver.aad .,� � _ -
<br /> �
<br /> ,. . .f>` '°" f= ` ' . (iij The Property is aot occupted 6y Ehc purchaser or graatee as his or her primary or secoac�axy=�raidet�qr the :.;•;',; �� � 4�.
<br /> :�4 4:.._ :�£,''� • . _ purd�asa�'or grantx das sa occupir thc Fropats!6u�bis or her credit hzs not btai ��f a " � ' '" -
<br /> �L7ta BCCOT�"-t�Y1��,; .l.'.-*_r��� c �.,i,�..
<br /> ._�,a;�!�,'c,;.q'��.t+. t�1C[OQ{I�li11IdUS O�tFEG�[t��Y• • -. ,rr� ::,r?�: •;i'It�'i�` .;c••'- `"�:�%,�+t'x�'1 ` ' •
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<br /> 4: 1,-i<<� _ `' `y<<;;:':-:,'.;i;:2s:..�;;� "1`•'F��4 E6,��;� -Y1:��—
<br /> ;�-�°�'f'�,�: te)N�Waira�r tf'�t�umstances accur th�t wontd pe�mit Lender to requirc immecliate pa�ymeis��"��, . �`�ad� ` � ` � =-
<br /> � .� . r C .4 r' �'� �r
<br /> .y --#�s does nnt r�qn�.s�`l�7�ments. Lmder does aot waire its�Iah1a with rapcct ta m6sequrnt �eiten s�' °� ;.`. +�4 �1f�. F '
<br /> � �� ^. ' GI)�q�d�tlo�at$UD�Se�i�pic�.Jn many circomstances reaula[ions issued by the w�'il t'i'su � �ir��ts ; �'��;; � {. =-
<br /> . �ii� , in the case of payment defa�staroquice immediate t in full and fo �� � `�� � , �
<br /> !�`� authorivaoc Pa3�n rccloscif►ow,~�,'�.�f.ls,S�c��,�s�i#�gflt ��,,,,
<br /> ��.,�x:; . does not e�n or fonciosure if no�permitted by reguladoas of d�, f;��:',.,.,;�;, :: .. . ` , ,
<br /> . 5�7�}-.�c' . . ,,.,_,.,�.}.., .*!�, :i'i?.'' �'�' i � .
<br /> . . . ... . . ::.1r°q;...'::-':.::t:.:�,:�:.,;'%ii ,- .. . . ._ - <,_-�-_:...'-
<br /> . . .. �,��.:�,.. . ._ . . . _ . . :_ ..._ _ .. . _ ..�._,.._1,�.,...... .. 't. .� . �,.:�:,,. _ , .
<br /> - . l�.Rei�lskanl.Borrowtr has a right tv.6e ii�ii�stated if Lmder fias requircd immediaRe.j,�'�.!�ili:fl�'ti�.�i�.L�a�.�e of �
<br /> , �. ' Borrnwer's fdture ta pay aa amount due unde�t&+e:N'�ate or this Security Instrument.This rigiu ap�sli�i�sc�i.��'�i:sure � � � "
<br />' ` " � proceeAir�are instituted.To retastattt thc 5tc�t�`l�slrument, Borrowe�shall teader in a. su�n���.��ani+�sr�:r�.7rcd � �-
<br /> ' �.a. , to brin�Borrower's acmuat curreat including,to tiie,eatent they are obUgltions of Bonowet���cli�;�a,�.�_�ent, .
<br />' . � ' � forectosurr costs and reawnabk and�ary attc�csrs'fas and eapenses property associatew�:�i�,�;�i��s�rC pi'ocesdinB- � �
<br />` -�s � � ' , ` ���� Upon rdnat�temeat by Bprrovra�;t��rity la�tnt and the obligations that it secures's�'i���ui��fut as it Lender � � '
<br /> :.c;;;;� had not uired immediate iQ�L Howeti�'er, "
<br /> ft , �',1:�Er»." 'Y��.. � ' � P�Y�tL ,, Lenderisnotrequiredtapermitretn�is►�sk�•�T.�i�sderhasaccepcod .� ::.::.,. � . • � ...
<br /> ,;,,,.,.�1
<br />, _ . ,t; �;,. .•� • reinstatement after the acsi��pncefic�t°�r�..#'oreclosure proceed'mgs within two.ycars immedia�y; : ,uu�ttie commencement 'J,--��', ` •' .,_ , �
<br /> ' : '_"�'' �lo�nf�sa�,,-+cm�':tinstatement wiit prectude forecfosure on diif�a»..�,�r,�d�rn the fu4une„ar'�ni) � ��"''�� �""
<br />� ;::t , ���f,;<< of a cuneat for � �
<br /> ! � �s���,�f��,; rdastatanea�'w�tC,ad�s�"r z,��'�r•l'ava pr+�rity of the ikn cre�i�by tbis Secu�ity I�strut»pt#�. � � , i;.`•s�? � :
<br /> - f`�7�3i.. . � :.F . ..� - . . ..:. .. ,i . .. i•,�:•: .: : _ ,,•.- ..f,::;.., ;
<br /> � `� • 11•��cs'�+m��tref'�ei,��e B�,txpder Nd��t�.i iiver.Extension of the tiriie of a � � '4�'� �"
<br /> P Y��t or madf�'�,'ion ' .. .., ��
<br /> .;'. a of aR►orti�ulr����:�fi�e��red Es�r��nis 5��.�nstrument gianted�by i.cader to any sucassor�n interest oi Brs'r�r.awer � • - � � ' �
<br /> shall not ay�a��a rete�r:�he liability of the origr�El�rrawer or gorrower's successor i�ioterest,l.endcr shall not be'i�aired
<br /> to comme�ror��ceedings�gainst any successor in interest or refus�rr„extend time for payment ar atherwise modify amon3i�,tian
<br />-1(,, - '�:?�,ii�,r':���� of the suais;i�.�red by this Security lnstn�mcnt by reason of any d�-�ii made by the original Borrower or Borrower's suc�xs � '
<br /> ;,.. ,,.;.f.�f^�>,<Y ', ;,: in t�rat-::�3► Lend�r in not ::r'. -..
<br /> � ,�,; ,7� ,, in forbearance by acercising any right or reinedy,ahall be a waIver of or preclude the axera��i,`.. ;,,.,;,:. �
<br /> ,+1� ,,i.,i,fl ��•. f r �,{�,�� t ;�.`,'.rtty rt�t dt remedy. � -� .
<br /> �t�i.`��+,�t�. :,�: .
<br />�'j`f;����'t�i�;w }�` '�',;i`. `f>. ` ,. �.�:�`,;;''...., �E�+���d;Jol�lasd5eva�aiLi�bilitY;Cp,Si�aers.ThecovenantsanQagramcntsofthisSecurity �
<br /> ��..,., .• - �.:�.,. .: '12.SNecessorsa�� `
<br />'f',' _ .i'"r:i�r �'�,�'� :rr.t��dt�: ....� . .... '
<br />,,;, ,, , . , ,,,;.�.';;,�;,�.�,-; . ,.,,��.'�meret'shall bind aa�3enet�t the successors and acsigns oP Lender and Borrowcr.subject ta the provisions of paragraph '
<br /> �;,3:s.:;_'i".. � '��i..Borccs��?�'s covenanu and a ee�r�ats shal)be joint and several.An Borrower who casi ns tdis Security Instrumrnt !
<br />;;t; • ° �::��i��J�=�Ay��.�,` ;� �4�das�±�:�cute the Note:(a�s�m�igning this Sccurlty Instrument only to mortgage.grant and rnnvey that Borrower's �' � •
<br /> . . . . . . �',�;�, ;';�,tterest ict��Property under the ternis of thu SeauNty Instrument;(b)is not personally abligated to pay the sums secured �
<br /> . . �,,.�,.�; :,i�this 3ecuriry Insirumem:and(c)agrees that l.ender and any o�her Bortawer may ag�ee to extend,modjfy.iorbear or make
<br /> , . �(���`;;; � � . •. •t�;:�':u�y accommodations with regard to the tcrm of�his 5ecudty lnstrument or the Noto without that Borrower's consent.
<br /> ,,:.�r�c�a
<br />!i Sr,'.�'�1!i1,}.'� ' � , �. ' ;,:�r`:,,;,: . ,.:..:.- . ,- : � .
<br /> ,.,ll�.�c�ea.Any notice�to Borrower provided!o�in Ihis Sccurity Itutrumuet shall beglve�by deFir�iiftg'u qrls�t�ailing
<br /> � � �� � ' ` s�L���'uSt.�ss mail unless a
<br /> .;,t,`,;;4-.vi,: :, . . �. � �..� �. PDticable taw requires nse of another method.'i'he tcatP�e shaEt�.ti�cti"rected to aT�e Pro�erl�/�ddress � .
<br /> ;�� t; �•�,� Y:�. � ., „ r � . ;�.,.�,tris�2yzti�za,,tdressBor�owerdesignatesbynotioez�l.ender.Anynoticetot.�y�.cte�shat�i��iv(:au►bY�rstcia`ssmaiftolE..ender's , �
<br />�` ;�:;t<;f.',,%�; �n . .
<br /> ,;:t:�.,�_- , . ;.;: r��iLss stared herein or,a�,p-aAdress Lsnder dcsig��es��y notice to Barrawer.�la�y.;nr�iic�g'rm�ri¢ed f6r in this Srcurity Instroment .
<br /> -��4?z�? � � � i.,:�::�iall bedeemed to ha+����.g3ven to.8prra��4r, �,ender when given ag.r,rnv+}�.:n tftls paragraph. ' .
<br /> �;,,,.>. . . .. . ...
<br /> . �� �., ..�. , � , :... ., . : '
<br /> . 10.Governlna Law•'�evenbibt��,TJr,is Serurity Instrument shap be go�c-�Ti�ci,i'iu'Ct�3;�l.°.I��v and the taw of the jurisd�ction �
<br /> ; � in whlch the t'roperty is located. ta t:1ig�+rent tha�1 any provisian or ctause�01,°�.It•i��Sc�f�tii�t liistrument at the Note canfiic�s �
<br />. ' � with appticabte law,such ronflict sfl�i,•stot atfect othsr pra�9sions of this Sei�ai��s�i t`���xiii�p��or�ht Nate which can 6e g9ven
<br /> ;� � eifecl withom the conflicting provision.To this aid<i?ce Dra�•isions of th�s'�liim.i�s�r�i�iienf and�he Note are decfareQ to
<br /> � ;�;�'� � � � be severable. . . :
<br /> y• . ... . . . , ^'_ .',' �.. . =' ' . . � ' .
<br /> '.`'/t'.' : . ' �.� .�'. , . .. ''. �.-�'�.`�.. �. . . . j - �
<br /> .r,:, , . ' t�.liorrower's Copy.Borrower shall be giv�►i�i�ih Qonfo�c�nsit sapy�f 1�f�i5 Secc�ritp �bstrument, r
<br /> h r � �� ' �(:�;s;�� .;�= , . . . . . . , , '.. ,
<br /> ',' ��:;" ; ��•.���::;., � ' t� HM ot ReMs.8orrower unconditioaa[ly ss� . , x. �
<br /> _j;...,,� , � �•. � �. 'gns,andtraltsfers tci 6:eitder ail the rents and revenues of thc t�ip�iy,�, . �
<br /> • ''•�:.,�°- ' , �°Qo�rower ad ttafizes E.eadu or Lender s agents�a co11`�;t ihe retits ancf revenu.�.and hereby direc�s each�enant ot'the.lfi�gerty : ..
<br /> .�,:,.�,�. , �
<br /> '-,'.f��;j?. ; ���pay the rents to Lendet or Le�der's agents.Ha�v�v4r;prior to l.cn�ier`s�au,r.e to�orrower vi Bo►rowet's 6reac6 of any
<br /> ';j�;:;;;s � � covenant or aareemene fit the Security Insuu�rtent, �ofirower shall collect and rerei�e all rents and«venues oP th�Property �
<br /> , , g, a`s ttustee tor the benefit;�vf��.endcr and gurrauer.'Lhls asslgnmem at rents constitutes an absolute nssignment and nat an
<br /> � + ._ . t assisntnmt for�dditianak s�ecwity anty. .
<br /> . . - - •- _ , .. - ' It Leader givesnotise of brcach ta Borre�tti•er:��►afl rents rccci�•cd b}Bortocacr shalt be hcld by Hottawe��c trustce tor �
<br /> � , � 6enefit of Lendsr oNy,ro be apDlicd to�he sums serured by the 5ccurie3 lnstrument:I61 Lrndcr shatl tre entttterf ta raltect
<br /> � ' ; and reeeive ull of tf►e rems of the t'roperty;and(�}each t�nans ot�he Fraperty shall hay all rents due and unpaid to Lrnder
<br /> � or Leader's ageat o� [.endtr's wriften dem�nd to the tenant. �
<br /> _ � • � Barrower has not etecuted any ptiar�ssignment of the rtnts tutd hus nat and wiQ no1 periorm any act Ihat w��uW prr�•cm � �
<br /> ' • . ; I.ender irom exercising its rights undcr this paragraph IG. ' �
<br /> _ -,_-_:__::=__._______---_ Lendet st►allnot 6erec�ulteQtQPntet upns�.�t�erantro!of cfr atuts�ts�in ttir y iocfmc or afrer gi�ing eoticc of bicar6._ . _ ._.. - - -. . .. .. _
<br /> � °. � �fo gutrower.Nawever�Lender or a judldully Appqintcd re��civer may dn cn at�7��iyrtii�uc ihcrc is�brcach. Au4:�pplicatiaf � •
<br /> at rents sha0 nat cure or w�ive un}dctault or tnvatidate�ny u�her right ar rcvncdy nf t.ender. rhis assignmem oi rems ui �
<br /> .ir:r �- the Propeny shali fermiaate when the Aebt secured by the Sccurity U�sttument is pald in full. '
<br /> : • I'�er�i�1 d � -
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