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<br /> �.��er..�.t.�►a��.y.a�nPt u limited by re�ulubnt iauod by tbe SecrenrY ia t�e c�e ot qY�+►t de( . —
<br /> , .:, immedl�ue pyrmeat la fuq ot dl wma�ecurod by tdi�Sceudty laurumeat It: �„.
<br /> (i)Borro�rer defaulu by t�ility to p�y la full aay moa�61Y p�YmeOt nqulred by tbi�&cuMty inrirument prior W or on -
<br /> '�r��; � r,.�� the due d�te of�he next momhly p�ymrnt.or -_-
<br /> i :;;:,t•;:i�:':le:; '° (i�Borrowa det�ulu by idUa:,for�pedod of tdirty days,to perform�oy otha ohliptiom cantdned in Ihi�S�curity --.
<br /> :.. ' +• 1[Wfu�ielil. �,:i`:•�
<br /> ��y,,,�,��'�`..r�..° (b)s.�e wltM�t c.�eife App��l.l.e�da�uu.irpennitted b}'+�pW+cab+e�.w ana.dm me p�iar.pprovtl or�ue soc,a.q��quhO � -
<br /> -`�''�"• .�`•� I0ltruulalt if: �ir.�::�•
<br /> ...... . :- - irtmediMe pymeti in(WI oi aU�he wntt savnd i►y lhfa Security - - �
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<br /> ,'::rr4�tt�6i� ` . (i)All or put of the ProQerty i�athe�wi�o da�fe�rod(all�or th�n by daviie a b Ihe Bortawer,aid �'^_ —
<br /> � " (ii)7Ue Propen!'i�aot occupied by�6e purcl+sser at¢nuitoa a�his ar her� �pW������ar the ar , .x� r�_ _
<br /> `�� � ':. '. paaitee doa so aocupy�Ao Propeny MM his ot her aedit h�t aat beat�pprovod in�iooad�ioa wWh the�oquwa�n ot�. �.;,.... :�`,=---=Y
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<br /> 4.,,Y; ::<�t�,; .��,;:. le)l�t��Y�wr.If ctrcumswnces occur�R�woutd permit Lender to roquire immodipte paymem in full�but Lender doa not ,',:f�.�7���__-
<br />;. ,+•� ���p�yments,Lende�doa not wdve ita dyhu with rapect to subsequent cvonts. + -
<br /> �- ''.. . '.,�,�• � ioat issucd bY t!K Scccatary wW t[rnit l.ender's d�ht:,in ���,
<br />:X`_' ;.. �. l�)W�YatloM o11fUD S�cret�r.in m�nY cinwauaaoes re�utat �,s�_.,�,-
<br /> .°.,. `",,'" tix use of p�yrneot deP�uha,to rcquirc immedLte p�yio�c+n in Puil and i'orecbse if not p�id.Thic Securi�Y lasuwoent doa
<br /> neo oP the SecrsnrY• �z-'==. _
<br /> • • . . • aot�wthorim acalaratioa or farcciosu�e it not permuted by resuWioas —_ ��
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<br /> •,....•t, ,..� � l0. Rel�M�sl. Borcower has��igtht u�be rcinstated iP Lender has required imaiediwe payment in fup because of �__�-���:`:
<br /> ' :';.. � even Aiter forcctasure — --
<br />'.!!%.:��'? ' Botrowet'�fa�luare to paY au amount due ua�lrr the Note or this Secu�tY Intuumrnt.This right applies - .LL_.-
<br />:..,.:.,.: '',.. ,, . �,.�, Horrower sball tender ia a lump sum dl amounu rcquired to .:._.-
<br /> ,..;:... ����r•�,.- • procoedlogi�re instituted.To reinstate the S�cu�ity Instru�acnt,
<br /> �:� ;.�, � ::•.��fi� • .
<br /> ..,:t;� .,..�,;x���.,4 � brins gurrower s�ecount cumren� includin�. tu the eateat they arc obli�stions oi Bormr+er uader thu Secu�ty nslrument. -
<br /> ``�.; BNraclosure cosu aad rcasonAb]e and cwromary 4ttoraey's fas and oupenses prope�l7r assaisted with the forecloaurc I�tr'+�'.=.
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<br />�.t;. ''�� ,,_t�.y�`'•.::5��; � �u oceedin4.Upon rclastotememi�hy Botrowa.this Secu�ity Instrument and the obUgi�cions�hat it secures shall romain io eifect as r,r: ,:�:�,�.
<br /> '+':�;:;,� °r'�°u•'�"`"�� ' if Lrnda h�d not requircd immediate pay�aent in full.However,Lender is not requlred to permit reinstaUement if:li)Lender has � .�:,��:-_;
<br /> • acetptal rcinstatrmeat aiter the commeaceQnent of Poreclosure proceedings wlthin two years immediately preceding tNe ;� �";�: -
<br /> t �,.,�,,1,,;;F, ,,, commencemeat ot a current forxlaaure �rocredin�, (ii)reinstetement wiq preclude forxlosure on aa��ir�ent Qroundi in the � �l��_�__�__
<br /> ' future,or pii)reimtatement wUl adversely u�i�ixc�the prioricy of the lien created by this Security Instrunune. "�s:�� _
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<br /> � �� 11. lwrowe!Noi Rek�cdi Forba�sace ��t.ender yal a Walver.Extenaion oP�he ieone of payment or modiEcation of ,r,',,w,,�.
<br /> . we . . ,--__-.
<br /> _ � . amorUzaUon of the aums secural by this Security Instrument grpnted by Lender to any successor in Interest of Borrower shall not ���...•j,, ,,,, -
<br /> � -• � operate to rolease the IiabiBty oi the or3,ginal Bonower or Borrower'a auccasor ia interest. Lender ahaU not be rcquired to .' •�,,,-„;�,_{
<br /> n wmmence proceedln�+�ainu ony succe�or in interest or refuse to extend�ime for paymrnt or otherwfse modify amartizaUon .", y
<br /> '��t';..•_ ." of tha suma secared by this Secu�itY Instrument by rc�son of any d�emund mado by Ihe ori4inal Borrower or BoROwer'a � ,,..
<br /> �` ��'1" � �+" s u c c e s s o r s i n i n t e�a t.A n 9 S�o r b e a r o n a e b y L e nder in exercisin a anY d�ht or rsmedp�sul not be A woiver of or preclude the ti.,��". ,s,��
<br /> : ��.� r ;-
<br /> :i:,n ���c�� exercise of�ny ri4ht or rcroedy. .,,+,��'�
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<br /> � 0 12.8aawwn ud A�BooMd=�oOM r�nd Sa�'ern11.�+i�Wtyi Co•Sl�aen.The cove�an�and agreements oi this Security `;'1�i:,;�`: ` ;•-�,,,r,�.�
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<br /> Instrument ehal!bind�nd benetit the succe�ors and a�slans of Lender and Borrower,eub�ec�to the p�4�ulaions of pareQraph 9.b. ��'i�J '�r"�'
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<br /> � Borrower's covenanta and�ramontt shaU be Joint snd uveral.Any Borrower who co•�gns this Security Inatrument bu[daes .,'';!�°�-�1
<br /> not execute�he Note:(a)is co-signing thls Secud�y Instrummt only to mortgage,gram and comey Ihat BoROwer's interat in '• •���c���•:;:r�;
<br /> �he property under the terms of this Security Instrument:(bl is not penonally obliQAted to pay the sums secured by this Secudty ����
<br /> � lnstrument; and (c) agrees that Lender and any o�her ao�rower may agra to e:ctend, modify, forbear or mabcx any .;.�,��,�,,r..,,''�`'
<br /> accommod�tiont with reqard to the tcrm of�his Security 7�estrumcnt or the Note without tlwt Borrower's consent. ,,,;,if!'" •��,.-.,�
<br /> •.',y+ ' ' :.:.s.
<br /> + 13.Notices. Any notice to Borrower provided fot in thia Security Instrument ahall be Qiven by deliverin4 it or by malNng it by , i
<br /> • t ' � , flnt cl�ss mp:l uolas appUatble law requires use of another method.The notfce shall be dlrected to the Property Addras or any '�,�.,.
<br /> , ti,._.-
<br /> other address$orcower de�lgnates by not ice to Lender.Any notica ta Lender shall be glven by first class mail to Lender's addreu .,�.: •
<br /> stated herein or any address tl.ender daignaca by notice to 8onower.Any noticr pmvided Yor in thi�Secudty Inurumern�h�ll � 5/;'�:••':,, ��'"�"�••''�.
<br /> ' be deemed ro h�ve been g�ten to Borrower or Lender when given as pravided in this pazagraph. '°±;. •�, =�`.•
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<br /> U.Govemlaa Law;Sevcrsbfllly.This Sccurlty Instrument sholl be poverned by Fed�ro!law and the�aw ot the jurisdiction in '` �
<br /> which the Property is locattd.In the event rhnt any provision or clauae of this Security Instrument or t?:e tiote conlU:�s with ap- �;;;';.,,;�.�
<br /> pticable law,such canftict shall not aifcct o�her provisions of this Security Instrument or the Note which cs�n be given effect ;. ,,,,
<br /> ' w�ithouc the conNctina proviaion. To thie end the provisions of th[:Secu�ity Inscrument and the Note art dac�arcr� �o be - - - #jnr.�l;,f,,�_;r
<br /> -:.��;'t,�• ._=
<br /> severable. ::'�;L:'':r;:�:-
<br /> •°t' 1S.Sarwr�er's Cop�.Horrower shall be�iven one conformcd copy of this Security Instrument. "' ,��
<br /> � 4 e ' 16.Aal��►e�l ot Re�b.Borrower uncondidonally essigna end transfmrs:o Lender all the rents and reve�ues otthe Property. � � � ,�-,�
<br /> �.. ,y.. Borrower authodus Lender or l.ender's agents to collat the rents and revenues and hereby directs each tenant oi the Propeny -�' . •
<br /> lo pay the rents to Lender or Lender's agents.However,prior to Lender's no�ice to Bottower of Bc�rtower's breach of pny rnve- �� �}�'�: '
<br /> � nant or a8rament in the Security Ins�rurnent,Bortower shull collect and�rctive all rsn:s and revenues of the Propeny es trustee • . •
<br /> ' for the beneGt of Lender and Borcower.This acsipnment of rents consntaias rm abxolute assi�nment and not an ossi�nment for �y
<br /> addi�ion�l secudty only. �� � � i
<br /> ^'-: !f Lender gives nonce of breach to Borrower.(a)nU rents received hy 8ortower shull be held by H��rrower as trustce tor benefit ; ,.-��,
<br /> of Lender only,�o be applied�o the sums seeured by the Securi�y lns�rument:(b)Lender ahall be entitled to collect and receive all �.�i,,, ;
<br /> of the rents of the Properey:and(cl eorh tenont oi tht Praperty sh�ll pav all rents d�e and unpaid to Lender or Lender's agent �
<br /> on Lender's written demand to Ihe tenant. .
<br />�y.ti . Borcower h¢s not executed any prior usiQnment of the rents and hu.3 nrt nnd will not perform any act thet woul,i prevent , ''
<br /> i i � Lender trom taercising its rightry under thi�s paragraph 16. ' '
<br /> , 1'`',.
<br /> � , Lender shall not be required ta enter�:rnr..take control��f or m+ir.ia,�.�:`e Prapeny before or nfter giving notice of breach�r .
<br /> :.;,��' Borrower.However,Lender or u jud�nal�} a�pointed receiver may de+c a�any tfine there is n brench. Any arrlicaiion of r<nt+
<br /> shall not cure or wti.e a:�• Crc�ult or imal:due any n1f::r cight or remedy of Lendre.Thi�aseignment o(rents of the F'za��ery ^ `
<br /> . ' shall Ittminut when�he dcht c2cuted h�tht Secunrc Gns:rument ia paid In full. �
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