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<br /> --s;°• , • l�l OH�11.4e�da m�y,cxccpt�u limited by rquladoat fuued by the Setrcury ia�he cau ot piYment dthulu.require
<br /> immedlue p�Ymen�in full at dl iums socured by thls Security lastrumem it:
<br /> li)8otrower det�ull�by f�ilina to p�y in tup�ny moatblY paymeAt roquired by thb Secudty instnw�sat prla to or on
<br /> � the due due of the oe:t monlhlY p�Yment. or =---
<br /> ' (ii)Bortower def�uU�by fdlin��[w�pedad ef thirtY d�ri�to per/ortn tnY other obli�stions contained in�hi�Security
<br /> leqrument. ��=�
<br /> (b)S�N WMrosM Ct+edM Apporal.l.etder slull,if paatided bq�pplia�k�w md with the pNot�ppm�d of�ho Secnyary.roqufro —
<br /> • � �, immedl�to P�Ymoa1 in full uf all �Qe wnn rowrad by ttd�SauritY Insnnarnat if: c-=-- -_- -- -... _-
<br /> � (i1 All ar part�►f tFie P�opaty i�ahenvise u�nsferted 1�+tlun by devise or¢e;ogr) &xmwa�aad
<br /> ,> �bi
<br />,. � „ , (ii)71b P�openy is�a�cupiod by�he pu►ch�su�Qmotee n hia on c�r �r af� rcsidenoe.�x�he�unch�ser or �_
<br /> ¢m of�he Seast�ry.
<br /> � . ' �r�e daea eo�oa�y tlK P�a�aty bu tdt ar Iwr emdM Iw nol 6ea���aaoottWoo�vMh roqu� ._
<br /> d,,.
<br /> ' (cl No W�I►er.If circum�umces occur thn wauld permit Lender to rcquire immodfale payment m full,but Lender doa not
<br /> � rcauire:uch psymenis,Lender doei�ot waive iu rlyhu with rcspcct ta:ubsequen�events. �_r. _ _ __,_
<br /> ��►p�Wioin oi NUD 9eent�ry.In m�ny cfrcumstanca rcaulaUans issuod by the Secret�ry w���limit l.ender's�iQhta,in �
<br /> y
<br /> tb¢ca�e of p�yment def�ulta,to requim imma{i�te psyment in fuU and faralose if not paid.Thi�SecudtY Inslrument doa ,,:�=--
<br /> na authoriu aooeleration ar(aaclosurc if not permitted by rc�ulations ot the Secrctary. �_.-
<br /> M, Relrhteaesl. Rer►ower has a right �o be reinsuted if Lender hos requircd immediate {wymcnt ia tull because af �,;_'4_-i,___
<br /> Boaora's faJlure to p�y an�mo�et d�ce uade�tYe Note or�his Security Instrument.l lus ri�bt applia eren aftrr fcxccioaure - =. . .r�^rr� -
<br /> Borrower shaU tcnder fn�lump sum aU acaoiencs cequircd ta
<br /> 1'.,,;5�,-.
<br /> prooeedinps iue inctituled.To reinstLte the Sacudtg Instrument, ����•'�`
<br /> brin�Borrowu's aecount current iQCludins,to�he e�tenl th�y arc obUga�ious of Bonower under this SecuritY lnurumem. c• N}r�.. � � ,_
<br /> • �; foratoaure cosls and �easonable and cus�omarY attorney's fees and expenses pr�perly sswclaled wi�h the foacloawe •;�.., ;;r;,:;,
<br /> :,;:,;f:, proceedi�.Upon reinstxtement bY�nower.thisSecurity Insaument aad�he obl�atioastlut n securrs shall remaln in eifert�s :�f,.i i..�;�. :�- -
<br /> if Lender h�d not required immediate payment in fuQ.Howe��.Lender is not tcquired to penmit reinstatement ii:(i)Lende�has ,.,,.; ; ,,"
<br /> •�};��1��;',�� aocepted reinstatement after �he commencement of foreclosure procadin$s withia two ��e�rs immediutcly prectding the ';�;�, _�_.
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<br /> ..�� ._. comraencement oi s cunent fo t e c losure prac e e d ing.(i i)rein s t a temen t e i U p rc c l u d e f o r e cMuure on different �rounds in 1he �'r,.o�,
<br /> �� ,,,�' ' iuture,or(fii)reinstatement will advcrsely affa�t Ihe ptio�lty of the lien created by this SecuritY Inslrument. .
<br /> �� ��'�':���� �� 11.Borrowe*Not Reka�edi Forban�ce B�I.eader Nol�V1dve�.Eatrnsion of the time of payment or modlfica�fon oi
<br /> V. n ',T_—
<br /> °� � amortitation of the�ums sceured by this Secunry Instrument granted by Lender to s►ny succeswr in imcrcst o(Borrower shall not .
<br /> ��°� • operate to rcleau the liability oi Ihe a�iginal Horrower or Bortaµer's successor in interest. Lender shall not be requiad 1� ,�� ,i�
<br /> � •�` commenve praceedinas aQalnat any succasor in interest or refuse to extend time fo�payment or otherwise modify amonizatien � .y ,�
<br /> i�'!°:'1;� :�'`�;;'4;'}?�}��"' of the sums securcd by this Securily Ins�rumem by reasu�n of any demand made by the ai�inal Bonowcr or Bo�rax•er'x
<br /> • •'�r�.' - succason in interat. Any forbarance by i.¢nder in eaercisina any�IQht o� �emedy shall not be a wai��er of or preclude the {•. .--,.:•
<br /> �,t,,,., i�i�.�.::1., _ � � �-
<br /> - �- - — e�er!ix o(Any►tght ar remedy. ��
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<br /> �+ , �1 � 12,gqctero�t�ad A�$n Bon�dt Jolat�ad Several I.U�b1Uly;Co•SiQnen.The covenants and agreemcn�s of this Secu�t� I' '�;`� �
<br /> ' f�1:' �5,.`;�- ,����:.:� :. I 1 .-Y '
<br /> ,.•� �,t�4��,r .,r.,�.:,,�;.:;';�� Instrument shall bind and benefit Ihe successors and assigns of Lender and Bonower,subJect to the provisions of parag�aph 9.t.
<br /> .�,c:,; � n� Horcower's rovenanls and agreements sball be joint and several.Any BoROwer who co-signs this Security Instrumen� but dces
<br /> ;t�,�:�y , (
<br /> t + h' ' ' not execute the Note:(a)is co-signing this Secunty Instrument only to mortgage.Rrant and comey that Ba�rower's intercst in �r
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<br /> { •.:. •,. . the Propeny under the terms oF this Security Inarument:lb1 is not pertonally eF::.aud to pay the sums secured by this Securi�y (
<br /> � Instrummt; and (cl ag� that 1_ender and an> olher Borcower may Agre= �o ex�end, modify, forbcs+r or make any ��.�•
<br /> !, t, .. • aocommodations wiin reQard�o the term uf this Security Instrument or the Note without that Borrow•er'c consent. .
<br /> 6 �
<br /> � � 13.Notica.Any notice io Borrower provided for in this Security Instrument shall bc gi�•en by delivering it ur by mailing it by � . __
<br /> • , first claas mail unless applicable law requires use oi i+nother method.The nodce shall be directed to�he Property Address or any y�_ .-
<br /> a�her addtas Borcower daiQnata by notice to Leuder.Any notice to Lender shall be given by Crst class mail to Lender's address --
<br /> • st¢ted hereln or nny eddress Lender designates by notice to Borcow•er.Any notice provided for in this Security Instrument sholl �r��
<br /> ' ba damed to have ban�i��en to Borcower or Lender when Qiven as provided In this paragraph. ��
<br /> :/ ' ,/".`�•i . ; .,,��
<br /> ;•,;�• ;. •�•F'��: U.Go�enla�Lsws SevenbWty.This Security Instrument shall be governed by federal law ar.:f the law of the jurisdiction in
<br /> ' ��••� whiCh Ihe Property is located.In the evenl that any provision or clau5c of this Security Inslrum:n�07 1hC NOIt COO�I:IS W11h AQ- ��-
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<br /> °� r�.�:,; ,,, . p8eable law.such confllct shalt not affce�other provision5 uP this Security Instrument or the Note which can Ix g+�en effect
<br />��" ��!`, 6t���1 ���� '' ` without the conflicting provision. To this end Ihe provisions of thfs Securitc :lnstrument and the Note Are decla.•xd to be „, .
<br />'�:�: � ;.;4r. ":�� � �everable. ,.. �`
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<br />, 1S,Borrower'�Copy. Borrower shal!be�i��en one cnnformed cory of this Securi�y Instrument. �,�`
<br /> . . -`�+
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<br /> • ➢6.A�amenl ot Reov.B�xrower un;onditio�all}•assiRn�An�itAns�ers lo Lcnder all�fie rcnts and revcnues�f the pro�+erq.
<br /> ��� Boriower authotlzes I.cndcr or Lender'�agen�s to calkct the rmt�and revenues and hereby dirats each tenant of the Propeny ' '`'`
<br /> • ' to 9uy the rents to 4enJcr or I ender's agents.�lnwever,prior to l.ender's no1 ice io Borrow�er uf�Bnrrower's h�each nf any cuve- !'�+{;..�-
<br /> . :.,''ti:'� �1 na+sd tr.a4teement m the 5ecurity In.lrum:nt.Horrower chall co0ecl and receirr ull rents and revenues oF thc i'rorerty as trustee ' �rs
<br /> � `'. ''�;t':. (or�hc benefit of Lendcr and Borrower.This as�ignment o1 rmts constitmcs an ebsolute assignment anJ not un a.+sipnment for
<br /> .� ` additionYl steurity only. -
<br /> �� t��•��'� . �
<br /> If Lender gives notice of breach�•r bo:rower:la)all rents recei�ed hy Borrower�hafl be held re•Borrower a�.�:u.+ttr fur brnetit
<br /> ' of I.ender only,to be applied w the sums serurn�by the Secnniy ln+i rumrn;;l'��Lender shall be entiHed to co11�c�and r¢ceive all •
<br /> of the rents of the Property:and Icl euch�enar.::f the Propenv aha11 Pay all rent�duc nnd unpnid to Lcndr,-or Lcnder'c npene ; i
<br /> . on Lender's w•riuen dcmand to�he tenanl. . .
<br /> Barrower has not ezecutcd any prior assignre:n: nf�he rer.ts and ha:nnt and will not pertorm nn�•act Ihat wpuld�:•rsent , -
<br /> Lender irom exercising its rigfit�unJer lhis parap�aph 16. � , ,:�
<br /> � Lender shaU not be required toenter upon.�a4e cantml of er ma�nlair.t}:e Yrnyr��y hcfore��r aftcr�i�in�notice of ht�ach t; � �_
<br /> Borrower.Ilow•ever.Lender nr�wdi:�all>ap;-:7�:ed recener may do,o at n-.!�nrre thcre i�a hreach.Any arrHtanort nf�rn:s ' �'_'
<br /> shall not cure ot�►u�e aoy Jefaull or iovai.Jawr a�L other right or remed��n�i L e�.:,:r Th��a++iy:nmem o(rrn���r�t the Prn�ertv !
<br /> shall terminate+►htn the dth�uc�ar:d b<<Ae 5r�ur:ty Instrument i.paid in ru;:. • ''
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