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<br /> '��1. �'dMMO� OWIOCf�OE��C�M�'1�01����. .. � ' }� � •. �-yj.�_
<br /> , ����1111lre�M. �oollMrwiM�tll�M. � . , �i
<br /> .:•'. U� 1a141er w4►.��p a tlmi�ed 6Y�utMia��+ue��the Seaenry ia tbs aero ot py►�a�t d�buM�. . ._' ' �',
<br /> -- --- - . . yt�{�f�p. 1�41�f ai'at{cu��0y eS�a ��!: �
<br /> .. (i)Baao�er defa�bY fi���py_i�fu11�sy a�o�Nbb►Pq►me�ioq�ed bY IYis Se�ritY�� . ,;,.,. _
<br /> � . w ar a�tLe due d�1e a�tMe a�a mon�gr us ' -
<br /> ,.. i��Ba,ro�,er det,utu by t�ilm�.tor�paiod d�dqr+.lo Pafana n+y odier obt�iar ca�d i�d� . : .
<br /> , )5�����AppRa�val. Lader rhail.if panainod bY�Nicable law aod wiW tiio priar�ppoMal af db ;" ;` -
<br /> ��pt�P�Y�y ia fW!d�11 the suam:ecarod�r tbis Sxwlty 1nNnaqaal it:
<br /> (i) � or p�ut of tbe .or�beneficW intar.a in a pup owaia�dl or p�tl at tlie Properly.b sdd a .
<br /> otl�arwi�o uandened(oltier tit�►by 4evLe ac desoent)bY 1be Harc�rer.�nd .
<br /> tii)7Le P�opatY i�ao►aocup�b�!t�o p�ar�as hi�a ber princlp�l ras.id�a�ce�ar the purchuet .
<br /> � cr �tantee does w tit�e ptopeCt� bqt ais ar her �xedit 1aa noi been �pprov�d ia �oo�o�d�noe -
<br /> � ' �the�oquirana►u of ihe � . �
<br /> ter l�i��Y�Wpr. U cincw�w�oca occac dr�c�eai!ipit Lendcr w�equi�e iana�edl�te p#ya►a�t in tul1.but l.aider
<br /> --- f,�OE{Y01 fi11C�1p�ymeoe�.�.�Ef VOL'i ODI Wi�MR�.tj$f118 Wjf�l�(0 6q�IbOqI1Ei11 CYp11i. �
<br /> t� or HUD secr�rx 1m m�or��uWoa� uea i►y a�e Scaeuu�►wIU lim�t L.eAaerti
<br /> _ .. . .ri�a.in We case of paya�eot d�oo rogu3o��wa�oe Payma�t ia fuq �ad foneclwo it r►apdd. 71d�,
<br /> _. SooRity fo�eat doa not aud�o�i�,e�ooelia�at�oq'�fonqci4�if rwt Pennitrod by m�uWians atthe es �ty.
<br />—t, -- - - (e)Mortp�e Not Iww+ed. Borrower qg�+n�f W.��wW�OS.S�itY L►cwnxnt�ad tbe aote�weau�d lhaeby mt
<br /> be eU��wo for�.re aader the N�tiood f�A�ct+avi�m 8 wa�1� fron,�4e
<br /> � „ , a�te ha�eof.l.aoder ro.y.at ks qpuoia a4Q��Yd�s��a��9;requi�v immodl�te wrmeat in
<br /> full of all s�mas see�u�d by tbic Sec�ilryr'�. �4 wri�qatanent of 8ny autho�iud�geal of tbe SecRta�Y
<br /> `�-.�. ,,�; •. ,
<br /> � dated aubsequenc to . , k�an the dste henwf.declidnB ta iowne tWe Savrity
<br /> .,'�-� 1- Instivme�t and tlie note sxw��cby.slu�ll be deamed cmcluaive pioof of such ineligibiNty. Natakhst�ndln�
<br /> �"<<��?�:�� tho foregoing.this opdon may nat be excrcised by Lender ahen the unavail�bility of insura�oo is wlely dae w
<br /> - ��•:�;�:��� L,ender�failure to remit A morig+�s inaura��x prEioium w tha Sat�etary.
<br /> :,.-�;.,- - �• Io. fceia�htemeuw Barower hns r righ�w ixs rniw+ut�if Le��der i�a.,�...�utr:,3 Sstvaedfaic pay�ste�►t In fult�tu�.' •
<br /> --_ of Borrowate f�ilure to pay en amount due under the'No�o or this Securiry Instrumet�� 71�is right applies evea dkr
<br /> -°_-�.4 iwoclowr�e praoeedings are lnstitutod. 7b reinstate the Security Insdument, Barower shal! tender in a !ump swn all
<br /> .._ �• ' osu .,
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<br /> _-_--:- - amount�roquired to:b�ing Bortowerh account currcnt including.ro the eatrnt�hey�obNgwiw�r of�onower i�nder thic .,,,, '., -
<br /> «,�`.» _ _ � 'vr`k�'r.� Secmiry I�tramem,foroelosure costs and reasonnbia and custamary auomcyd fees and expe�ue�p�c��'ly assoofatc.�with •` �
<br /> �.;t�""•f the ic�eclusure proceeding. �Upon ieinstatement b Bon�ower,thi�Security Instrument wid the abliguions that it secureQ � �
<br />:,�r.i+:•. �:���t, ,.
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<br /> ' y�,.i� ahall remain in effect as if Lender had notrequi immediate payment in fWl. Flowever.I.ender is not reyuiral�p�ami�
<br /> . ; reincunemeat if (i)Lender has accepted reinstatement after the commencement pf fonxlosurc ptorxedings widun hvo
<br /> _�;`�;`= -- y�us immedis►tely preceding the commencement of n current foreslqsure proceeding. (ii) �ein�tatement will precludo -
<br /> ,�,;',i � , x�'�� foreclosw�e on different grounds in the fumre,or Uii)r�ainsteteman will advertely afiect the�fadry of the lien cmated by
<br /> •:, .:�, ��,� � thic Security lnsdument. •
<br /> � � ' "'' ' 11. Borrower Not Relwsed: Forbe�ance by Lender Not a Wafver. Ex�ension of Ihe time of pwymont or
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<br />_ �,,,,�,�, { ,i i modiffcation of amortization of the sums secured by this Security Instrumont gmnted by Lender to eny successor io intereat
<br />-- of Borrower shall not operate to releasc t h e l ia b ili ty of the originul Borrower or 8omowcr's succcssor i�inte�rst. Latfder
<br /> ;�,`.�� �ahall not be requit�ed to commence prceeedinga aganst anX successor in intercst or rcfUse to extend time for pwy�xnt or
<br />.;�,;;S�a� . otherwise madify amonization of the sums secured by th�s Security l�strument by reason of any demend mwde by the
<br /> ": ,..f.�"� �'•. �'"'` or�ginal Bomower or Borrower�successors in interest. Any forbearance by Lender in exe�ising any right or rcmedy slwll
<br /> ::!y's' '�Y 1�1�*-� ;:�` ?�' not be a waiver of or preclude the exereise of ony right or romedy
<br /> n` �,�"�'�!���"•i�'§� �- 1Z. Successors and Assigns Bound;JoiM aed Several Liabilityt CaSigners. The covenanls and agrcements of
<br /> �vj'�s. � a!u..r��,.ys,,,j�
<br /> 5 2, this Security Inswment shall bind ond benefit the succe�.sors and ussigns of Lender and Bomower,subject to tho provisions
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<br />...�z. ,, �.,.�;..�;; .r�j. S.. of Perugraph 9.b. Borrowenc�ovenants and pgreements ahall be joint and several. Any Borrowar who casigns this
<br /> i�• - .��...\;r���.
<br />_ �,� • .�•�.:�.:� , ,., Securfty Instrument but dues nnt execu�e�he'Vt,te: (al i�casigning this Securiry Instrument only to matgage,grent
<br /> ""•f t• • ''��''`�'�'�.` conve that Borrowert interes�in the Pro n}undtr Ihc temn�oF thi�Security Imtrument;(b)is not pensonelly obligated to
<br /> , ,,,;Y �;''.•i+?�'`�'t i�+�. �'`1 -
<br /> �,, , ��y the sums secured by thia Security Insi�rumem:nnd(c�agrees�hut Lendcr su+d any other Borrower may agr+eo lo eattnd,
<br /> _ �"',.�. 1�1Tt. ."r:�µ'`" �toJify,forbear or make nny accammodations with regard to ihe tertns of this Securiry Inslrumenl or Ihe Note without that _
<br /> "` `:�`?:� :�d''�' � . Borrower�conscnt. -
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<br /> '� �, • • .�G�, ""..��.�? 13. Notices. Any noticc to Borrower provided for in this Security Instrumrnt shall be given by delivering it or by
<br /> ts' �' `�;,�v•' '�:':;;•�<. . '� ' mailing it by �rst clatis mnil unless apPlicubte luw Ryuires u�e of unother m�thod. 7'he naice sholl be directed to the =
<br /> � '� ', ; ": ' �`•F Ptoperty Addre�+or uny rnher addres. Bormu+er dexi�!nutes by noticr to Lender. Any nrnice lo Lender shall be given by _
<br />'�M�:'.,• � �-� -°
<br /> .�,;�"' �'.'.;.,, terst class mail to Lender� uddrez� xtuled hemin i►r uny uddre.rs Lender drsi n:ue� hy aotice to Borrower. Any nutice
<br /> �7�'%'��� ��� � rovided for in thi.Securi� lnsirument+hull bc dcemed tn havc been given�n�orroa•cr or l.ender when given as provided -
<br /> : '•a�:•� f''�'�_!�� Q Y =
<br /> ,�.,;. • ri�-�1 �
<br /> `i � � � ��'��t��"�}��'•�"�r� �n���14 U�verninR Law; Se�•erabiply. This Serurity Instrument vhall Ik govcmed hy Fcderul luw und the law of the �
<br /> �': : ` '' °' ���'�;;;�',��;;, jurisdic�ion in which the Pn�perty iq kxated, ln Ihe event th•rt any pr�nision or rlause of Ihis Security Inzerument or the -
<br /> � � � ;'° 'u • Note wnf0icts ��•i�h nppIt¢able luw,xuch c�>ntlict�hull not uffert other provi�ian.of this Securiry Instrument or the Nae =
<br /> l� �� s „ „- '`''%:'' ,,�l;�"� �vhich cun be given effert without the cnnflic�ing provizion. 'Ib this cnd thr provi.iom of this Securily Ins�rument smd the � . "-
<br /> '`"� Nate�re declnred w be.r��rable. �
<br />:.,.�... .
<br /> ��.:: �•�.� ; �i.�';;�� ' 13. Borrower's Cop}. Bonowcr shull Ix Nivrn ur,c ronfomicJ ropy uf iliis Seruriry Imtrumcnt. -
<br />:d• ..':� ;�l;� �"�'<'%��;rf'ti �"^" 16. AssiRnmeat of Rents. Borrowcr wicondnianall� .is+iRm and uansfrr�t�i Lendcr all thc rems und revenues of�he
<br />:��,,•;'!l, ',",;��•�;;�"_�'' Property. Rortower:�whorize,LenJer or Lendcr'.u�!ent,tn collrct Ih�rems anJ n;venucti und hercby Jirccts rach tenant of =
<br />` r;,;,�;j�i`�� ,, � r ; f'��"�'���" ` the Property to pay thc rentx to Lendcr or Lendcr's a�cnl�. HoWcvrr, prior to Lcnder:notice to Bomower of Bonuwcr�
<br />':• ��;� � ''�'E�';4���'�'i{���:�• �'- ' breach of an covenam ur u reemenl in the Securily InxlrumenG Bortower,hall c�llect und receive ull rcnts und revenues of -
<br /> ;;;;},S.'t?� #!1ti.;;!�ritf,t;Y.� y R _
<br /> ;.,. f :y�;1�j.,,,, ,� .,y, the Property as wstcc for the henetit of LenJer and Bormwer. 7'hl.u,signmem«!rentti conxtiwtex cu�uhsolute�ssignment
<br /> ;'�,:,r.. •r ,��y;:;'•�P '` and not an susignment fo�additional ticcuriry only. '__
<br /> "��%�; '� ' IP Lender gives notice��f brench to Borrower: ial all rents received hy HoROwrr shull he held by Burrower a.trustee
<br /> .I� L� . '.I�J.
<br /> �fy•�? fo�beneflt of Lender only to M:upplieO to Ine xum.r xrcureu i�y iiir �ecuriiy III`�IfU1�Klll.iui Lciiuci ,uu�� .,c���i���ca �� �
<br />,.1�•,� V • , . � . rollect and receive uU i�f the rentx of the Propeny;und(c�ruch t�n�nt of th� f'roprny shall pay all nnt�due and unpuid to .,
<br />";�r;,�r � ti.:, • Lender or Lender's asent on Lender's wriUcn d�mand u�thc tenant.
<br />� ,.j,.;� ' . ;'
<br />_..:-_:�.�.. Borrower ha5 not exrcuied uny prior u,slgnment of ihe rcrnx+md hu. nrn and will nrn perti�rm uny acl that would
<br /> ` ' � � .': prevent Lender from eaercismg itx nght,undrr thir.F�ragraph 16. '-
<br /> .•�, �;:,.,:_:�,;^:. .�:; Lrnder+hall nut be reyuired to enter upnn,t.Jcr rontrol of or mvintnin ihe !'rci�xny Ix1i►re ar af��r�:iving noiice of =
<br /> � • . ,:��"' breach to borrower. However. Lendc�r or u jaJiciuUy up�xiinled rcreiver may Ju�u ut uny �imr therr ix u brcuch. Any
<br /> , , ' � �•� '.:jfi5.�: applicntion of rcnt�+hrll not cure or wai�e uny defuult ur mvuliJatr any iHhcr right or rcmcJy uf Lrnder. Tlii�as.i�nm�nt �.
<br /> ' � �• of rents of Ihe I'ropeny hh�ll�ertninate when the dcht�ecured by the Security Inxtnm►ent ix puiJ m 1'ull.
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