|
�::�'r:'•v' vi,�..�w.,�... ` _ _____ ' . _
<br /> =7i "" _ -
<br /> ..� =�. m�,�++ar�- _..._- .
<br /> ..__ .:%'�'�.�•• --_��.�
<br /> -� .•�w!�.,.�... . �, ,-----
<br /> 91�' 10229:i ��r�.
<br /> � _.,...��;.� .
<br /> . . . ���.�-
<br /> .:,.�w,fi.��:�. �, ....
<br /> _���.9f�tl6t869t a �`=--_
<br /> �� !.G(N�/�r AOnMe�tMi Ot DAI. -
<br /> 'A�!�`'+m,' �;s•_-�-_—
<br /> _��"---�s•.�c....:s�-...� I�)QdMll.l.eader may.ra�cept�Wuftod bY refulatba�is+ued bY the SeadarY ia tA�cw of p�rmast defaults.rovWn
<br /> r _ �' - �' imaaediate payma►t ia tuU of dl�wtivi secu�od bY t���ty Insuun►mt it:
<br /> t,7�"--••',�-�_ - '-��,..:. ��-.-:.---
<br /> —�""��r-"� (f)BORO�ra defllult�by t�Ula{to p�Y i11 Q t l l wY montWY M Y�I�ulrod b1'thU SecuritY latuumptl p�lOr to ot on
<br /> "= J`.::��''�.'•• '� the due datt of t6e neat monthlY D�Y�nent.or
<br /> ,.
<br /> —°>,..�•�T�.����'.
<br /> � 1rr.�L:� n a� N)���iwUs by f�Ui�y,for�perlod ot thi�ty day�.to perfarm any otbu obliNtioro coaldned ia this Security --�
<br /> ��.,�`, (b)s.fe wNln.t crdY A�ppe+o�d.�.a,aer sfuu.Ir M��PW�IaM.nd.rMn me prior.pproval ulu�e secrourr.�qui�e
<br /> �1 i... y�dp�p�ym�a ia lWI af dl the wmt pe�vrod�SewrNY I�if:
<br /> R:• �..•��•�.;._: devi�e or )bY Ihe Bor�nrwt.wd �___ - --__-__
<br /> h . (�)�Or P11 Ot(m PIDPCRy�Ot�lE1YV�f0 IAIIt�QfOd(d�ICt(�Mfl� S+ h
<br /> .—.- :.:�.x_..,..,;�, ; a hb a her ptGa�r�� o� -,y,_._---_--.__
<br /> 3—n . `. r•. .' .t�' . . ����10 P10�'lY�{00�OL�CIIp{01��I�ID�M111'�IiSEf Of� 1Ci�pICl�Of VIO Qtll�� 'F.i"
<br /> :�, ° , � �na�ee doe�,o ooa4y tde Prop�y bw hi�a h�r aeait(w na hem�p�ovoa in aoond.00e w�b�be requiim�of mo 5ec�ary. � �:�. .:
<br /> s � �.v ..:�,:.. . �•ti.�a�?!•A�'"'
<br /> . ���-�`
<br /> .:�rs.-�.
<br /> .�- � (c)No W�.If circumuances occur�h�t would permit Lender to rcquire immediate p�yn►ent in full,bu1 Lrader daa not •��'_�* ''-
<br /> e,;�,�___
<br /> roquire=ucb p�ymenta,l.ertder doa not wdve iu rl{hb with rcspect to subsequeat events. �,_-�`�
<br /> • � �� . , .. (�t�p�ahlior o�WD Secreuu�'.la maay ciccuaas�arxs teiuvtioa+�ued kF tb�e SxrduY wlll limk l.ender's dyhu.In -
<br />. tltie caae oi'p�aYmea►Q daPa�uks.to cequire immedi�ce�YmeaR iu i'u!l.nd fo�ciose if not pald.Thit saurity I.s°•,•Mut doa �,�,a��P�
<br /> .� aot wihorixe aoalaatioa or for�clos�ue i t aot p e r m i t t e d�r e s u W�o�x oi t0e Socnu+Y• �°"-_:.-�.�
<br /> .��:;;:�.�.,•;;�: .. --�-
<br /> '' 1�. �b Hotto�+er lus �ri�ht to bo roioxtated if Lender Aas re9uired immed4te paYment in fu{l because of �,L.,-_�
<br /> ..ri�::, ,_�' : Bormwe��s i�ilurc to psy an�mouot due unde�the Note or this Security latuument.This right aDa�s�����*fomlosurc ,.--`��.-�--- _-
<br /> , proceedin�s arc iaadWted.To rcinct�te the Seeudty lastrua►eat.BoROwer shall tender in�lump sum all unouau raquirod a ���,?'.;.
<br /> , :-- -,-.,- - ' • - brinj Horro�rer's aaouat cunent iocludin�. to the exteat they ue obU�uio�u of Borrow�er uader this Securlty Instrumeab ,�--_-_
<br /> d�.
<br /> foralosure costs aad raaomble u►d customuy Attorney's ias aud exPrn�s Propuly assoc+ated nrtab the forec osurc � -
<br /> procadia�.Uppp reinat�temept by Bortower.thls Secu�ity lastrument aad the obUaadons that it cecures shdl remaia in eiCect n = .�_
<br /> ,.�':..`� if I.ender had aot reQuired bnmedi�te payment in fuU.However.Lende�is aot rcqui�ed to permit reinstatemern if:(i)Lender has �.:�±~'�:;-� ,��'--�
<br /> ': , „ Accepted reinstatement after the commencement of foreclosure proceedin�s within two yeua immedl�tely precedln� the „ +r::,;,;�,.��{�:'t°?'•
<br /> `•� commenoanmt of a curreat foreclosurc proceedin8,(ii�n�fnstatement will preclude foreclosure on difierent 4rou�ia the �,��--=-
<br /> ,:,;;� �:.•:. �
<br /> ,.-;�,,'..,:���: fuWra.or(ifi)roiastatement wifl adversely�ifecl the prio�ity oi ihe lien created by this Saudty Instrument. ---
<br /> ."�.�a�:;.;�- .
<br /> r,�' 11.eonowu NM Rda�edi Forbnta�ee B�I.nder Not w R'�Nea Pactrn�ioa of the time of paYmem or modification oP �:��!.•
<br /> �„•' � amortistion oi the:ums secured bY this Security Instrument granted by l.ender to aay cuceasor in interat of Borrower:hall aa __
<br /> ���^ oper�te to rcla�e the li�bflity of the ori�ind Sorruwer or Borrower's auccessor in interat.Lender shall not be required to
<br /> ' '� commerue praceedin�s apinu any succasor in iaterat or refuae to eatend time for piyment or otherwise modify amortizatlon _
<br /> of the :ums ucured by this Secud[y la:trument by reason of any dem o dr�y s�n ���� of or pnclude�the --- -
<br /> " sucasson in iaterat. AnY farbeu�noe by Leader in exercisin4 ony�h . _
<br /> aaercise of any riaht or remedy. �,�'r°}�"""�`
<br />.�r-y - • .,-iq" �°"-r._.=.::.
<br /> •,r.�.
<br /> '���,.r��;
<br /> Co.5i4oen,The covenonts and agramems of this Secu�ity
<br /> ,'j„ � ,; �,, 12.9�oc�on a�d Afd��s Bor�di�ol�t ud Sereta"IA�bliltyi " --.--.
<br /> ]mtnunent sh�ll bind and benet3t the succason and assigns of Lender uaid 6onower,subject to the provisions oi paa►grnph 9.6. ' ` ����
<br /> � `�� �,' %����'r , �� 9orrower's covemnts and ay�rcemeats sh�ll be joint Aac�soven�l.Any Horrawer who co-sf�n:this Secudty!nst�urnent but does r,: ,{� '_'_
<br /> � �"� '��f;.:'{����: not execute the Note:(a9 ds co•sigoing this Secudty Instrummt only to mongage,�ant and convey that Borrower's 3n�erest in ,,,.;.'.?�.;'•• •�:..r:-_
<br /> ' � •r�'�`."`.,�� �he Property under the tesms of chis Secu�ity lnstrumant;(b)is not penonallY obHgata!to pay�he sums saured by th�s Secudty ���1�':,l� �•= --
<br /> , . "t�:+�.(..; . • P3t,;—.�_�.
<br /> ,,,�.1 ,.; , � Inswmrnt; w►d (c) a�oa that Lender and any other Hottower may aBtee to extmd, modify, forlxar or �rt►�ke pay �.,.�.,i_ :.
<br /> ,4,,�� ,� accommod�dons with reQard to the term of this Secudty Instrume�al or the Note without that BonowePs consent. �;:r�����
<br /> ; •���:;•; 13.Notica.Any notice to Borrower provided for in this Secudty lnauument shall be given by deliverinpit or by mailin8 it by �:��
<br /> (int clau mafl ualas applicable law reyuites use of another method.The notice shall be directal to the Propeny Addras or any
<br /> other addras Borrower dniQnates by notice�o Lender.Any nocice to Lender shall be Qiven by tint clw�s mall to 4endePs addras � • :.
<br /> � � stated herein or any addras Lender designates by natice to Bonower.Any notice provided ior in this Security instrument:hpll � �-„�-r
<br /> .,, �, � w'�--�
<br /> ,� , .�,., . be deemed to have been�iven to Borrower or l.ender when�iven as provided in this pan�raph. '
<br /> I, � ;i
<br /> �" � U.Covenisa I.�wj Sever�blllq.This Security Instrument shaU be governed by Federal law and the law of the jurlsdiction in w•• � , 2��Rf��`•`=
<br /> ,',�.,,; . which the Property ia located.ln the event that any proviaion or clause of this Security Instrument or the Note conNcts with ap- `,, ' 7�.,:
<br /> ,�.....:..
<br /> �,�.
<br /> � l,,.•_; : ., , plicable law,:uch conOfct shall not affect other provisinns of this Secudty Instrurrnnt or the Note which can be givea effat �•�,: , .�:�,
<br /> `,.t';,,:�Aa:• without the wntdcting provbloo. To this end the proviaiona of thi�Security I�sttumrnt and the Note ue declated to be ;;���.'4.._n ' �.�}1't�-�
<br /> y�� '' l.S;��.��.�T�'a:
<br /> � , � severable. i:''�r:i}•;b-�,(�''.�r�:
<br /> � :,..,).;;.., `
<br /> '��� • � " • iS,Bo►rowe�'�Gopy.Borrower shaU Ix Qiven one conformed m�+y ni this Secudty instrumem, '�'.'�7f.Y,l�,.,.�`
<br /> �,�'' � ..
<br /> � , ' I6,/1salpment ot Ite�ls.Borrower unconditionally essigns and transfers to Lender a!i thc rents and revenu�s oi the Propeny.
<br /> • Bottower authorizes Lender or Lender's agents to coAect the rents and revenues and hereby directs each ten�nt ot Ihe Propeny �r«�
<br /> � •� to pay iht rents to Lender or l.ender's agents.However,pdor to Lender's notice to Borrower of Borrawer's breACh of ony cove- ,� �, ,y�,�.^
<br /> `'�:� ' � nant ot agteement in the Secutity Instrument.Borrower shall collect and receive aU rents artd revenues of ihe Property os trustee • ,
<br /> i i`•.�� for the Eenifit of Lender and Berrower.7his auiQnment oi renl:constitutes an obwlute assipnment aod aot are a+�ianment for �; :r.,;
<br /> •� •�s•� additionai securityonly. ly�` •(}ti.�,�;;'��,
<br /> � i';�ti�. "' , ' , If Lender gives notice oi breach�o Borrower:(+►)all rents recefved by Borrower shall be held by Borrower a�tQ�sue for benefit s.!�r .�r�
<br /> ! ,. . of Lender only,to be applied�o the sums secured by the Security Instrument;(bl Ler.der sfiali be entitled tocaliect and receiveall , �„
<br /> '��'?�i'�. ' � ot tht rmla of the ProDetty:�nd 1c)each tenant rf thr Property shall pay all reMS�lue and unpaid lo Lender or�,ender's aarnt ,S��,;•,�
<br /> ;'�;�,`' - • � ,�' on Lendea's written demand to the tenant. '� , '�.
<br /> (� ,�•..•;
<br /> • '��� Boaower has not executed uny prioT auignment of the rems�hd has not and will not perform�ny act ihat would preveten ;
<br /> , ti�.��• I.ender Yrom c�ercfsing its�ights under this paraBraph I6. t' �
<br /> , _.',;�('.•.�'
<br /> '�' Lender:hall not be required tu enter upon,take c�hz:o:o:'or n:a��iain the Propeny before or afrc�givingnc*.;:t�ibreach to �'-���r•
<br /> ' Borcower.Howevet.Lertder or a Judicially appoiatefl rrce�vet may do so at any ume there is a breaCh.Aay a;,r:i:a•cion of rents � ` :
<br /> shall nut cure ur wure any default or invalidate any o�:her right cr remedy of Lender.This assignmrnt o(rer,es a�i�he Property �
<br /> `• ahaU tecminate when the debt xaured by the Securi�y Instrumem iy paid in fu{I. +��:�.
<br /> 4 �
<br /> ..__.. '_ '__ 1
<br /> PoRt!ol I ,
<br />
|