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<br /> __ � �o€the�o�ds co�i�e priac;pal sdan not extena�or postpone th�au�a�t��er ilx�oaw►y parna�cs;w�ic�
<br /> ar��ed:ua.ln L�a�aph 2,or ch�a�the amount af such payaaeats.Any'e�cess over an amauat re�uired to
<br /> - - - ===v=��,iii w�de�ti�Afote-and���uh�I�irt�riient-s�!l�s:.�eat�t¢gsli��itiz�iAet�u: --
<br /> i:Fta.l.�der may colkci f4es�nd chugea authorized by t6e Scaetari►. . F�-�,,:FM---
<br /> :� . . _���.�aluNt_Eec_Aeed�aar�t.Deit.. .... . ��_ __— -
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<br /> r � (s)Qe�iwM.l.endermsy,exaptulimitod6yre�Wuionsi�uedbyth�Secntu�rintLec�uf dti v'ue ' ��-t-;'-"" � �
<br /> = t�Yme!n1 aults.re4 - -�
<br /> - ima�dbte paymtn[in fWl of ait smns src�red by this Securitg lattrumeai�f:�• ��`'�'�-�
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<br /> --- ��.,. .� t�}�rower ckfiuhs by failin�co pay in fati�ny monibJ�PaYmmmi«quired by�Ais 5ecudcy t�si�mmc pcFor[o � � . t ���'��
<br /> �:' �_�:; x u ,. ar ar the due due o!tht�eact montl�ly PiYmwt.a. . , � . i : .. ��_��`�
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<br /> ;��.. F .�,�_• lii)Borrower defauha by failins.for a pe.�od of thiny day3,to pe�orm.any other obtf�tions conuined in this f� �`'`` �'' �'�' ` •�:+
<br /> ,�� .� Sl+CYTItg�asttut!ltnt. � , ° :��r�nrh'S;�<<.>-
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<br /> , ;�-�;;,. �. ,.,:. t�)S�Is WilMrt Ge/it A/�e��ai.Lei�der slialF.if permitted by applicaDic ia�and wsth the prior appiova�oE the - . . _ . .
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<br /> ���;°y;�.,.r�;� � Sec�r�►�reqs�c iau�sodi�te pay�+�i�fIIll mf eI�tt�c swas see�6��S Seauit��lt�stNrt�t if: : .�,� , . •
<br />. � �'�:; 1;;;§�:�:��;, t�AR ot p�aB Elie�rc►peity is otTsc�rise transfeaed(other tl�arP!fq cSevise oe dtsceac�bX the�]-N nvr�w � __. _
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<br /> . ' �� � tli)The Piropatyr is not occupio�by tbe pnrchasce or�rrantec as f�ts oc Gec pciarar�oc seco 06 t�e �. .'.�,f. :
<br /> - ,` - ; '� - p n r c f f�s e r a c�a n t e e c f o e.s s o o c�w p y t b e P r o p a t y��u 6 h i 4 aa h e c c c e d i E i�a s a o t b e e i s appcov�f� ; � _
<br /> � V the ceqnlrnnents ot tite Seecetacy. as acoo��ae�i t& �, .;'
<br /> .`'/���'"`'� r te�Ns Wsira.[f c3rcamstances accur that v�ould � It Ler� a � ' t�°�.. '�.��-
<br /> _ perm t require immed`�aie payment in fu1�6uE La�dee ; ;:.:�,. � -
<br /> .. _ daes noE requ�re sucb payments,E.e�cfer does not wa�sre its ciaMs witR�p�pect ta su6sequent evcats. r . '. ci
<br /> ..- .� . . : '�A. t4�tiw,�t HUD Steeela�.!a many drenmuar�es re�Iafra�issved 63€tTte StcretaFy pilC i`wni��'s rights . ;',c-
<br /> paYmen i�Enitandf cr Soc�3 � t �'•.
<br /> . a_�;;, =�`:�' � iR ti�e case of pay�rxnt defautcs te�equirc immodi�te r oroctase if rtot paid:This ,�:. �s[rumen ;t � ..::. .-
<br /> does not autlwrize�ocekratioa oc foca�sure if nat permitte�f[sg regutationsof the Seeretary. _ , .�:r.;::;,,;,;`.
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<br /> --- - �-- i�Rehe�tsfa�Boaowec(�s a�igbt ta 6e cei�stated i��.eadeF 6zc required imenediate payment in€�:�ecause of . - - .. a << =
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<br /> ' . " Borrowec's failurc ta pay an amount due under tt�e Note ar thi�Securicy�1'nstrument.Tbis r�gM appties evrn af����'�ceciosnse �� ° ��'';f�,} ;.
<br /> . , proceodin�!s ara instituted.Ta reinstate tfle Security Instra�ent,Borrowu shall tender ia a tump sum aA aricc�a�i.rcquired .
<br /> " ,_ . ta bsm�Eonowee's accounR curront including.ta the a�[a�_�ttey ara o6ligations of Barrower under this Secan%�;,�twment, ', �. ; ,�. � � - ;
<br /> • for�urc costs and reasonabk artd customary atturneS?�'`��aad expenses properly associated with the torecWs���eeding. � .' �:'.r ; ..`;
<br /> � . . upmsreinscatemenc by Borrawer,tI1�S SCCI1Tl[}F Irtctsy_^rs�ng�d the obligationsthat it secures shail rem�in in eff���f l.ender � �'°��'� '
<br /> �: � �,;,f t;�.;.;«
<br /> . �uq�req�tired immediate payment in fult:Ifo��c;4.�t�is not aquired to permit ainstatement if:(i)Lertdes�aas acapted ' .1;;:;:;;.v-
<br />• - � re��-a�temtnt after the cammencement oP fo�i6ar,c�e p�v:;eFdings within two years immedtatety preceding the rqmmencement ' .� . • �',�;`����"'�
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<br /> ' � af`�a�rent foreclasurr proceedi a g,(ii)reir'�::.�e�<��.prcelu d e f o r e c l o s u r e o a d i f t e r e n t g r o u n d s i n t h e f u E u r e.o r(i i i) ' �•� :�:-
<br /> � 4 " ��=� �. - , re�sCSd:,..�ent will adversetg affa�tha priority af the���r:��ated 6y this Security Iescrument. � .,`:�' .. . ;
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<br /> ,�t� .�ig_-Boao�rer Not Rekased;Forbearan�e By Le�dea'��.�W�tvee F..xtensio�:o�.ahe time of payment ar modit"rcaticsn . ��`�':'.`, r� •
<br /> "' . . . . . . .{ of a.�.ra.�cization of the sums seeurcd by this Security tnstr�,ri�ent grante�By[.endec to any succecsor in interest af Borrower ; ' �
<br /> _ ' '� � � shali�si operate to release the Gability of the original Borrasi�:t•or Borrawer's suecessor in inierest.l.endcr shap nat be requirct! '
<br /> ;�:.'�i;',..� , . � to oo�+�ence praceedings agaiast any successor in interat c�c-r.�.ISe to extend timc f or�sa�ment or othcrwise modity amortizatian
<br /> � of�es:�.�s secured by this Security lnstrument by reason v;�:�•tlemand made by the ai^�inal Borrower or Barrow;r.'s successars . . '
<br /> , . • in i:a:a�se.Any forbearance by Lender in exercising aa�c i�nt or remedy s ha li not is�,a"waiver of or preclude.ttaz exercise of ,.r �;
<br /> � ;,� a�•fs,�.ht or rem�dy. , .: . . . .
<br /> , . : .,`';;
<br /> �a.`, , � ��.S�ccessoes asd Assi�s BopeQ;JoiN!aMd Seve�lE.i�bility-Co-Si�ners.The covenants ar��1 a�roerercn�s Q�Ihis Sccuriiy � ',.).., ,
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<br /> • • •�?;:::i btts�r-�:raent shal{bind and Gane�t the successors and ass�;s^-:�s oi L.ender and Barrower,subject to ihC�provisipers af paragraph � ' • .
<br /> , � :., ':;, ...,.� .
<br /> �'�%,��y � `�Cr:�rrower's covenants and a�eements stutl!be joi�s�dd several. Any Bonawem kho casigns Ihis Secacrisy.�lnstrament ' �
<br /> '`;`:?'�� '� ' .�L�ii:�av�_not e�cecute the Note:Sa�is co-signing this Sec�t�ixrr.�nstrument only to mortgaae,grant and mnvey 1$�:Borrower's S .: ' ' •.
<br /> , -= ;:;;�;.�-:•. ���;es�t in the Pcoperty under ihe terms of this Secarity 1cs�rument;(b)is not perscs:sally obligated to pay tfi•;.sij.�s secnrsd � �;''. .
<br />• . •;�...; tiq tt�'�s 5ecurity I.r.r�;�e�ner�t;and(c)agrees that Lendcr and anq othe�Bc�nower may agree to eatend,modiPy.forbeat or maAt ) '
<br /> . ,,,, ;'
<br /> . - ats�arcvmmocfa2i�-nr,with regard to the term of this Security Inst�u�ent or the Note whhout that Bonower's cansent. j , ��
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<br /> � ;` (':',`,t�• � ��1lotiee�.Any ttotice to:Bortaa•er provided far in t�iia Security Instrument shatl be givcn by delivering if e�t;by maiting 1 ;"'•' °
<br /> � - � '"�;,.,:-�� ` � ' u by�'C��ciass mail untcss a�p�t�bie faw rcqaires usc ot'ao��her mc�hvd.Thc notice shall be directed to tbe Property Address ' °
<br />� .. ' ' � „ a=�xother address Borrawe:d�ignates by aotice co�.er�t�•'i.Any nodce to Lender shalf be given by firsi ctass naif to LcndePs � �
<br /> ' , . ad��ress stat¢d hacein or any address Lend�r designares by r;itice to 8orrower.Any notice provided f�,r f�,this Secttrity Instrumcnt � �
<br /> .. ;, ;
<br /> � � ' s�bc deemed to have been given to.Bocrowea oc 6��.�r when givea as providcd in this par � �
<br /> . . . . ��P-• . - ...
<br /> � , � � , , . t9,Covernin�l,�x;5evera6iilty.This Security fr.scrv�srnt shali be governed by 6rderal taw an�fi t.he tww a5 tihe 9uNsdiction �; '
<br /> � , � ; , ' �n�"��1'�the Propepy is focated. In�he event that any �+rc�ision ar clause of this Security Insirur�ers a��ehe.l►��ie canfllcts ' � �
<br /> s�3:��litabte law.such cunflict shal)not affect othec�v�Yisiv�s af Ihis Security tnstrumcnt or itae�faiC tutric�car.be given {" .
<br /> � :��`'�� ' �,�P,��wilhout the canflicting provision.To this end the DTt�kisions o`this 5ecuri�y Instrument a:�3,�1:i•l�flte are desiarect ro s �
<br /> :`?,,.;� ��s�reeable. , ,
<br /> � • IS. Boerower•s Cop9•Borrowe�shall be given one co�?ormed copy oi�his Sccmrttty trnst�ame�sa. �' �
<br /> .. , �
<br /> ti.Aui�emesl at Ree�g Borrau�cr unranditionaliy as5i�tns and tronsfcrs ta l.end��t4�the renCSp�d rewenucs of thc 1'ropertp. � �
<br /> ; � t, � � � Bocrower amhorizes Lender or trnder's agenrc to ca�lert the rents�nd revenues and here6y clirects pc6 tenant of�he Proper�y
<br /> . � -� to pay the rents to l.ender ar Lender's a�ents. Noa�rvcr.prior tn LCndcr'!�nutiac In garroe�cr n6 Borro��Cr's brcach o(any �
<br /> :;y � covcmanl or ugreement itr Ihr 5erurity lnsttument. Barra�ver shaU co�tect an�i receive�II renty and revenues of�he Prv�+er�y '
<br /> . as trustee far the bene�t of I.ender and Barrnwer.'ihis assignmem of tcma constilutec an abs�ilu�e acsignmcm pnd u�t�n
<br /> � . j assignmen! foa addieionaf sccurity anfy. , , '
<br /> j !t Lendee ive4 notice of brrarh ta Borroti.cr.fa)all rCntS rcrci�cii 6y 13nrm«cr shal)bc hrid�by Norroa•cr a4lrus�rc fhr
<br /> bene�e o��.en�r ontg�to 6e appGed ta tHC sums sceured hy ihc.Sc�`�xiiy#'nstrument; !bF E,c�diy'shsl}He cntiltcd to cotFi:�� -
<br /> , � and�receive ail`oP the ren2s ot°tile Propert;p:nnd�(cy c:tcir teuanr oF tA�!?ropc�t}Sho1D pnp a11'rentc�tue and uupaid to Lcn�er•
<br /> o�d,ender's agent nrt E.ender's wsizcero d'emand�ra the cenam�.
<br /> �
<br />• � " :��•„ E �orrower has not e�ecufe6a�c prinr assignment d4 t��+rents and h��nut and!u�91�n���evP�scrany acr rhar«oUtcl�pre.enr
<br /> . '};:�%;�;�. � l.etQG:r from.exercising itsri�*.s t��'dcr this p�ragra;�N' 1t�,
<br /> �'� ��`%�'�' ' � `r � �.ender shall nol be rrqu�ced to entev c�+r:��fake reyn.rot vi'or maint�in�he I'rnpen}•erfure o��!`cer�i�ing notice of Ber.r�91 �
<br /> , . , .,
<br /> _ _ � � �,;,,;�:'�:;>� tc�'E:�rroHer. Nowever.Lender or a judic'ralt}a�oi�ce�i receiyer may ilo zr�t auy tt�uasl:ete t�s lur.ut�,An-.a - � -
<br /> �.. . .. . ,_:-.. � S isis�icai�i- -
<br /> - � a6�ts shaft ncsl curt ot�tiaivc any deiauff oi imali�a�:e an}:ulhcr d�ht��r rcmcd�nf'Lcn�cr.1 hi�ac�ignntcnt ai rcnts nf
<br /> ' the li'raperly shall ecrmin�te�hen�he debt se��urcd bp �t�5crurity Ins�tumcnt is paid in fuii. •
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