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<br /> " ---�-- -_° pwynxnts.which ar�rcfemd to in Ps�n�.or chm8e �Ae �mounl of Fuch�ymaMa. Any excess proceeds over�n ��
<br /> — - --' �w�app required ta pry ai1 a�u�n� �.ww�..itw:t�3Wc:iu�t thi•�w ity i�uGVale��t c�+ll hc paid to thc ctqity �--
<br /> .::.� b�aUy endiled tbcmn. _
<br /> --;, I� �lets. Lender may colbct fees and char�a au�harized by�he Secatary. —
<br /> ;�:,l;. 9. Graunds for Aoakratlo�of Debl. �=
<br /> �r �' (a)Ilet�alf. I.a�der may.exc�ept as limited by rcgulwfwns issuod by Il�e Secrctary in�he cACe of pxymem defuul�a. �;:
<br /> � requlre immediue psyrnrnt u�tuU of all aun�s securod by�hia Secudty lnurument if: °--
<br /> �;,...._�„- :.., (i)Borrower defaul�s by failing to pay in full utiy manthlY paymem roquired by Ihis Secu�ity Inxpumrnt priar ��,.-.
<br /> ��:Yd, � �' to or on tho due da�e of Ihe nezt momhly Paymeru.or ��,_:
<br /> t»��•3�. (ii)Bonnwer dcfiwlte by faUing�fa a period oF�hirty day�.�o pe�l'orm any other obligations GaNained ie this
<br /> -- . : ���:��1 Security U�.ununen� �.��i,
<br /> -�:"�: ��};�; :•" ' (b)Swle Without Credit ApprovAl. Lender shwll.if per�mittod by epplicable law aml with thc prior apprav,il of Ihe +
<br /> ` :i •'.�4. ,..
<br /> �.—�,;. ,-.„.,� ..•�•, . 'kk:y� tety mquine immadiae payment in full of all Qte sum�secu�ed by�his Secwi�y Inst�wnent if: �.;•'.�.,
<br />"-� :. :• •v�;:_,: �(i)All or part of the y�or a beneficial inter+es�in�tn�st ownin�aU or part of thc Property.is sold or �LL-,.
<br /> 3':�. 's�s�,�# otherwise transferred/ot�ifw�by dev�,ce or descenil by Uie Bornower,a�d .,
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<br /> ;�,�,-.;. . • •f r. (ii)The Pmpeny is not occupied by the purchas�rar gr.uuee as his ur her pincipul ies�dence.or the purchaser
<br /> .� or tee does so ar 1he but his or 1er credit has not been ved in accordance �`.-:
<br /> ��7i *���:•_ :,r_.:�=:�-�.�1��'t'� wi t�he uit�etnentcai' �Sec�e R��Y �� -
<br /> - �j,' . rcy tary. �-�-:
<br /> �"`` ":• �Y (e)No Wa�ver. If ci�umsunces o�cw that would permit I.�mde�w r�equirr immediate paymeM in full.but l.ender -
<br /> - .� ;:;
<br /> r`".': '� • ��`"`�� does ua� irc suchpa �ti.�.ender does not waive�u r� t.,wlth res t to s urac r:�•enGS. .�-
<br /> �`• � .t�-. : :•:'►�y�� � Y� L�" 1� �9
<br />- •• • ` •','�...���:r (d) e�nlr tlwe af HU Sc¢tetary Y � 9 �Y
<br /> ,;',..�;,. ' � , D In man cir�cumstanccs c.�:rlations issued b tIK Se�:rr will limit I.ender's �
<br /> • 'r•' .�,�1::'• �"!`. righte. in the case a�f paymerit cte4'aulls, to rcquire imrnedi�te p�ymem in full and fomclose if notpai d. 7bis .
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<br /> ^.�� �� t��;;"�,' • SCCUf�ty I�ISI�IW(Me7Y1�::JeS li0t�1l�OTIZ�YCCCICfalion or foreclosure!f nd pereaiuted by reguls�tians of the�ec�stary. -
<br /> #,.:. �,��'�,.,,., � le►Hiorig�e tid�f�,wr�i. �wnwwer agr-..:,s that shoutd thi>Sccurity In trumc��d tl:e mate srcured tlscrc4sy nat
<br /> � � f':., � m�n
<br /> �,� ,}.,y� be eligible for unsurance unc�eP��:e Nsuional Housing Act w irlidn from the
<br /> '}�w, :�;�� 1 datc hereof;Lxndez may.at its option and notwithstanding anything in Paragraph 9,require immediate payment in ".
<br /> ` ���' �, '=' full of all sum�5ecemed by ihis S urity InsuumeM. A written statement of any authoriud Ageat o8 d�oe 5ecre�ary ;,�..
<br />- ; I:- S �'3'!� dated sub ue�a¢�+ S �opt� from�he dnte hereof.declinin eo in�a�e thz•Securit �:.
<br /> ,,_;,,,'� ' �9 R Y �,:_•<
<br /> � "•' Insttument and t0ee note secured thereby,shal�be deemed conclusive prnof of such ineligibl0a�. Na�twichstanding
<br />� '{��'F" ;�3,��(� � ,'r•.� tht foregaing.lhis aption may a�ni be exerci.ce�l.fiy LeaxteT when�he unavailability of inc:nraace is wiely due to
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<br /> .,,. ,';v ..' • . . l�;�;:. Lend�r's is�lure t�u remit a mortgage insurance premin�m�¢a the Secretary. ;�,.
<br /> 10. Rei�tatemcaR. �artower has a right tu be r�e��+lated if i.en�ier has required immediaie payment in full bec3use �.
<br />'�M��� �� '%�;�� �;..� , of Bmrowerk failure to p�y an amount due under ihe•Note or�his Securiry Inspement. This nght applies even after F`_
<br />: . �� � ��'��F? , foreclosurc proceedings sue ina[iwted. 'Ib reinstate �4�e Security lnsuvmem,Euxxower shall tender in a lump sum all ��-
<br /> ;��;. �G�i��� �:s
<br />_�s._ .,r��� y�j,s;��ny;;;=�;r r�, .�..�_ a m o u t�s rcqwre d�o b r i ng I p o r ro w e r�s a c c o u n t c u r re n t i n c l u d i ng.�a t h e e x l c n t t h ey :u c o b l ig a l i a n.e o f B o rt o w e r u n d e r i h i s ��
<br /> � ,F;; �. • �e ` '�..;.,�J;��; 5oewity insaument,foreebsurc cosi�anc�npsonable and curwrnarc:uaom�yai iees md espenais pmaperly associata!wiib .;:j�
<br /> �.�t�i�ii�,.� «,.�,••.S�?��4 j��4z,�:4:_ Uie foreclosur+e proceeding. Upon reimtatement by Bomower,thi� 5ecudty Instrument and Ihe ob9tgations thut it�ecures �s.:
<br /> ;.. •,:�,,/�'�`„fi � r shall rcmain in effect as if Lender had natreq uired immediate pnyaraem in full. However,I.ender i:�not required to Permit
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<br /> �.;�Y a•.�.;.}�' reinsletement if: (i) Lenrier has accepted re nstatemeat after tf�e commencement af forecbsure pra�eedin�ZS withm two
<br />%�r•'• '_ �+��n�r.a.._, ;'�� � years immediately prccedi�ag the commencement t+t' a currrnt fareclosure proceeding, (ii) reinstatemen� w�N preclude _
<br /> f f�%;��;: �,�yE�,����,-;;� �,;,�, t�xsx:wsure un diffr��u���uu�xt,iu the future.or(iii)rcinxtatement wil! edversely affect rhe pri�ri�y nf�Iw�lie.n created bY
<br /> ��.�`�5:.-, �4,.. ..:.a.�. .i ::•. s!.:; this Secudty Arasmumcnt. ��",
<br /> . �$"'• ` �•�`'7`�'"''^ ;+ " 11. B�rrawer Not Released: Forbearance bv I.ender h�t a Waiver. Ea[ension of t�: time of payment or
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<br /> , modification of amorti�.ntion of the sums secu�ed by th�+Security Ins7rument grrnted by Lender to eny successor in interest �__
<br /> +� of Bortower shnll not operate�o relea.+e the liubility of d�e cxiginul Borrower or Borrower's successor:n interest. Lender
<br /> �.. 3'`� - ' �t shall not be required to commence proceedings agains�any successor in interest or r�efuse to eatend time for payment or '�'•
<br /> i� � ' �r 4'��'`� ahenvise modify amortizution of the sums .recured by �hi�Security Instrumem by r�euson of any demand made by�he
<br /> ^ �•'° 1•`�• '�� origin�l Borrower or Borrower's�uccessorc in imerest. Any for b earance by L.en der in exercisirag any rig h�or reme dy s h u l l -
<br /> � ��� ' ' _..,,. �i;� not be a waiver of or preclude the exercise of uny right ur rcrnedy. ��
<br /> °° - �±� � � It Successors and Asslgns Bou�A;Joiot and Several l.fabillty:Co-Signers. The rc�L._�ants and agn�ements of -
<br /> 1�^ � � •#������ ;� this Seruriry Insuument shall bind nncl t�nefit�he successon:and ati�ignx of Ixnder and Borrower,subjec�to the provisions
<br /> �- �'y,'r:�< ' ^.
<br /> � �. .. " >�:'� .•.�,'. ... of Parngrnph 9.b. Bontowe►i covenant� and ugreemen�s tilwll 6e jant und sevcral. Any Barrower who ca-signs this
<br /> " �� f!}:��..• ..;:-•.
<br /> ��,4.::t:,.�� '�',�,� , Security Instrument but t9�e�r.ot eaecute the�oic: ta+is co•siFning Ihis 5ecurity Instrument only to mottgage,��ant�nd
<br /> =�� 9'�:•+Y;:�';�� ,..
<br /> � . ,,,F.j, :��,E.t� ,?�;:y.... oonvey that Brnmwerk��terest in�he Pro}temy under the termti of this Securiry In+tniment Ib1 ih not personnl7y abligated to
<br /> ��" `f`���"�� the sum� secure�by�hi�Securna 9nstaument:und f�)o meti It+at Lender:md an other B��rdvwer ma a ree to extend,
<br />�'r:;^�.?:.; �t,��s4 ;•�': �,. .• I�Y . P� Y Y B
<br /> �a..n`,��� ��:,:,.':� . '/ modify.farh�ar or msdce any accommaoJationx with ngard to the�ecm;of�his Securi�y In�trument or Ihe Nule with�we Ihal �, �
<br /> :. �� ���1.�,:• x• ! �..•,���, Borrower�consrnt. '.
<br /> ` �' r«• t°t � .,,
<br /> 'f ^� , � �j� � 13. Nodcea. E4ny Ra!ice to Borrower provide�"fiir in �hiti Security In+trurn�m shall 6e �iven by delivering it or by ;y4f
<br /> M" '���'`' �i�r>f�;v•-."�''�"� mnilin �t b first claxs mai9 unle.s a licuble I�►w re uircs uK of another mrtt�oc9. '1'he notice shull be directed�o the
<br /> �t.�_ r.,. `,�.� g ' y pp 4 �� ::
<br /> •3.r ' ';i�L• '+ � '�,�� Pro n Address or a�a�• rnh�rr uddres�Borrower dr.i nute� b naice to Lcnder. .�m m�tfce io Lendcr,hull be rven b ����-�
<br /> ' „ ..`�• Pe Y � Y F� Y 'i:_;
<br /> 4'-'��r'�:�i:.'���w first cluss mail to l.ende�'s addms� ��ated herein or uny aeidrr�.Lend�r drxignu�es b�• naicR to Barrower. Any notice �
<br /> A ;��'�. `�����:�;:r�:�;:,�� pro vided for in thi+Securidy Inslrumrno+hall he d��mcJ to h•r�r been given to Bomowcr or 4ender whcn given a..provi�kd '=„
<br /> �,�!':�..;,� . .. ,r� ,.
<br /> . {?,)..� ,,,, .'<, � �' in this parugrnph.
<br /> • � �•,� • ' '��" 14. (�overnin�I.Ax;5e�erabilN�: Thi�:Sccuril}� In�Irunxnt +hull Ix goccrned by hdvral luw und the law of the ,�;-
<br /> , (';. • :
<br /> � �''�' urisdiction in which the Pr.n rt �� kx•rled. ln�hc�ccent tlwl un ro�•i+ion or y1:w�c of Ihiti Securit In,eniment o�th� �
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<br /> " �;;;:'. "••,-.-`.:ti..:•.. Note conflict+w•i�h ap�p9irahfe luµ..uch contlir� .4�.��i.nut atlect otlxr provi�ion. nf thi�5ecuriry Im�rumrnt nv the Note �,�.�`.:.
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<br /> .:Y,',i��:•',:k� ¢' •��1d. ' ,�� ' which ear�hr tdceo efl'ert cvith��ut Ihr cototlirting pro�i�l�m. Ti. ihi.enci ihe pr�,vi�icu��of thi. Security Imlrument und the �*'.;,���,
<br /> ;�, :. t� �,1 '• �.. Note azc d.�,��recl�a!+�sevrruMe. ,�'>;
<br /> . •;:;;;.., a •..�4-;-w�� -.,r:.:'> ���=::
<br /> � I5. Borr�wer'sCapv. Borroxer,h:dl tk givrn unr rimG•rnx�0 eur�uf Ih�.;Seci�tit� On±rnnn;nt. .•��
<br /> "s�.:.�,s. ��'�.. y�:.
<br /> �':., �., ,�..��v:l� , .�, 16. Assi�qamc�t af Rents. Borro��cr unronJi�i�mull?•a+�i�:n+anJ tran.frr.a�r i.cnder all t'hc rrnt.and rerrnuc.af thc :': ''
<br /> ';;��%: �� ' .+',i;±';;r':�t'�`'Y� , Pmperty. Borrower a�catv.ori�eti I.ender or Lcndcr:a�:cnl.tu caU��:t tlx rcnt,.�nd�a�v,nu�+:md hrreh�•dirr�t.curh tenuiN ot' ±�:'�.
<br /> :"�,,�:.,�;. , ,1 r'$}{"�, t` ';;;:;� �he Propeny to p•r}•the rem;to l.ender or LrnJer;aErnt,. H�n�evcr,rrK►��.,Lrn,�:r:n��irr to H��rn,��rr of Bum�wer: ...
<br /> ,•�a,�l �;i�lS''���;,,','� ;�'{l breach of any covenam or uureemrni in�he Srcurit�•In.wm�n�. Nnrrowcr.hall:o8�rr�and rer�b:::dl rcnt�and rc�•rnue•of '�.•:
<br /> ..,r;;{xr �,�,if.l... ,., .,.
<br /> ��^�•',"�', i ;;t�1.4•���„ . �?':�?;i. � �OP�n?u.uu��ee fitt�hr t�rertis ����t endrr and Bam,w•er. Thi.•r..ignm�m uf mn1�r�m�ii:ar.:-an absnlute uc.i�tnmrm
<br /> ..., �;; �i '. �'�,� , and na an a.,�gnment f�r addiiion�l��+:ur��r anly.
<br /> '�'•'r".. . h';'i�. '++v.i:�':�'i
<br /> ,s� , ti�,..»� ' If Lender gi�e�natir:oihrear�t��Rorcower. �ai:dl rcm. recci�c�l h� K��R��KCf�IIJII Ik FICII)ht Bormwer u.Iru.lrr �
<br /> ,, — ��,;�.;rr---, iur ornei�i ui ix�nirr�•�ii�.a�or appiirti w �nr wm..ccurru �c ii�c iccurn� im�rumcnt:�o� i_cndcr�nai's �r enti�ira�o a
<br /> • J�::r,�, " �:,.�; collecl and rcceive all of the renh nf the 1'rop►n�: and ir�each tenurn af d�e 1'ru�k n� �h�ll pay all rrm.d�aa.i unpaiJ tu
<br /> Lendercx l.ender+agent un l.endcr� ariuen drmanJ tu�he tenant.
<br /> � �''' ' . �'„ &.rmwrr ha+nu�exeruted :m� prior a..ignmem uf'ihe r�in. :mJ ha. nul unJ will nu► Fxrli,rni any art th•rt w�o[d
<br /> � p��ent lxrxirr from eacni�in�i1�n�ht.ondcr Ihi.Para�ra�h Ih.
<br /> �M�... ' Lender�hall ncN hr reyuimd to cmcr u�in.I:�kr r�m�ml��(ar m.untrm �Ik• 1'nqxm Irfi�n���r aUrr eivui� n�,t�.r itif
<br /> � ,�, y bt�uch to Bunowet. Howevrr. Len�lrr ur a juJirwll� :�p�.inteJ rccci�cr ma��Ju .0 at am ume Ihrre �.r hrcrch. Am '
<br /> , . ., applicalionof rcnt.�tu10 na curc ix uui�r am J�faul�ur in�al�•iair eu� uih.� right ur nmrcly .�1 LcnJrr. �Ihi.r.,iEnmrm 1
<br /> � nf reMs oi�Pnp�n}.hrlt�ermmaz�whrn dir drM.�tiw��.f h� �hr tierunt��In.uumen�i.pai�i m iull. f
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