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<br /> - _ - ___ ,.ck....i r.r,►oakW...t n�t.
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<br /> U)D�bMI.twoder aosY��aa Umited by rquluiotu luued by t4t 3eaenty fn IM c�o ot psymeqt defwlu�requlre
<br /> ---- - - l�a�dlue p��ea1!n tuU ot W sunu eecund by thls S�curfty Iwtrum�at it: _-
<br /> --=-=---- = � p)6or�ower defaulp by fWin�to pay ia tuU wy mauhly WymeAt nquirod by thll&curity lusuumpu ptior to or oa
<br /> - �.�.�.�gr� tht dw date of tht nat monthly P�YUUnt.or
<br /> �:;�� �� (ii)8orrower dsfaulq by i�WoR,for a pericd of tWrty d�yr,to patona�aY�►obUptloru conWned ia thi�SxuritY
<br /> Iaarumeat.
<br /> J����� ��p�qrmqtC ia fnU���die wms�a.wnd�SocuiitY I�uumootl�w�pd wNb die priat�pptoval of q�e SacroWy.t�equlro c _
<br /> _~:�:r '�.�',�„�
<br /> -�,+��,�,,;y (�AU a p�r:ot�6e Propaty i�ahawba t�ande+red(o�her dm by devLe or ) �be Bormw�.and —
<br /> .q�lij� ,,��
<br /> (�)7��KY���P�bY�P�a�a�hi�a ber pdut�� � i�esidaioe.or�he pmcb�or or -
<br /> ��'i � �ube das p ooaqy�he proppty bul hi�or der cmdit h�oo[b000�pqqved iR�o0ad�o0 rvilb dfe roquinmem oP tl�e Secoerry. ���-
<br /> •<:;,`;y�t,,�a. , ` —
<br /> . �..'wY�7r� '��.• � —.
<br /> + qA�.�a.ae,; (c)No W�rMr.lt clrcumalaaca occu�that wouki pem�it Lende►W reqp![e i�oanodi�ua DoJ'memt ba fu�l�.buc 4mdcc does oot __
<br /> ,::�.,
<br /> ..:?+�s;*�;r�� � reQuire sucb paymenu.Leuder doea not w�ive ita riahta wFrh raspeet rn subsie4u�ereats. ��'=`-;..
<br /> , � �.'., • :=� (q R�ot fND Secret�'.In many circumvtaaas re$ulat3ons Ls,wAd bY d�Sa'n►�ry wW limic Lender's rights.i�n �._?.=
<br /> - .-s.•.:�,.,.° .�•.. .. tde�ase of p�ymeat defaults.to roquire immedi�to payment in fuU aad forcclose if na paid.Tdia Secudty Iwtrumaat claw =�
<br /> -���^-t�.�.- .,� .: aot au�Aorise awelauion or foralwure it not parmined by rrauWioas of cha Secawry.
<br /> ..�.,...�sa:... . --
<br /> ---_ "`�� `"-..• . - Ni. Rehul�terotal.Honuwer iuu a rlQht to bc reinstated iP l.endcr has reguirM tatmediate payment in i'ull beawe of "..
<br /> . �,:
<br /> i°'"�� �' `' ` Borrowe�':fpllure to pay an unouat due uader the Note or this Securlty Insuument.Thi�dght applies even ai'ter forcclosure -
<br /> ,t_';��;.;�. ,•:'�1�.��• proceedin�s ue instiwted.To reimtate the Secudty lastrumeat,Batrowa�dall tendar In a lump aum all amouab requfred to � -
<br /> ;�%.t� `'�^";F� -��'�'�:tr�fi;'', brin�Hono�rer'�aceouat current lncludin�. to the exteat thay arc obliQationa af Barroxer under this Secudty Inslrument, _
<br /> ':,'-`����'�t4.:�•.', <'. - :���' • foreclosure coap and reasonabic swd CUStOlppry AttO(IICy'S fas and eapenaes properiy atwci�ted with the foroclosurc --_
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<br /> .:`2°�,-.',;:`<<�,w:;°aywYr Prooeedlo�•Upon reinsUtaneat by Borrower.this Saurity I�trumeat aad tde obd�atioas thu it�ecures ehwll rem�ia in eifect a
<br />_::�,.�,_•.�-, . .
<br />.:_;;�:y���! '. '° " � it l.ender had not requlra!Immediate payment fn full.However,I.ender is uot rcquired to permit reinstatement if:(i)I.ender ha �._
<br /> `�-:4� • accepted reiastuemeat after the commenrement ot Poreclo�ura prouedin�s withia two years immediately preadin� the �.-.._•
<br />--;.;,� �'; ' �"`:�'s t• commenament of�cwrrnt foreclaure proceedin�,(iq reinatatemrnt�iU preclude toralosure on differcnt�rouads in the L`••.� '
<br /> -_�'� �. " . ., future.or(i(i)reiastttement will advenely aifcct the priorlty of tha lien creAted by th�Savrity lnurument. ----
<br />__ . „��:�rS;
<br /> ��-;��� �,:. � 11.�arower Not RekrNi Forbe�n� Oy l.eNe�Not�Wdve�.Extemion of the time of payment or modliication ot
<br /> - . amortiz�tioa of the�ums�ecured by thf�Secu�lty la�t�ument aruned by Lender to�ay�uccawr in interat of Bonowe��hdl not
<br /> � ��' oper�te to nlwe tdo Il�bltlty of the orianal Borrower or BoROwer'e�uccdsor in interest. Lender�hdl nol be requlred to
<br /> `i%�,� � � , � ' canmma proeealinOs kainu any�ucceuor in(ntercu or refu�e to eatend Nme!or p�yment or otherwise modiry�mort{s�tion �M
<br /> � ° of the wnu saured by this Secudty Inarument by re�n of�ny dem�nd mado by the ori�ind Bonower or Borrower'� ��„�;,
<br /> �.t�tb�a•,:,, _ auooeiwn in iatercst.Any forbearuice by L.ender In exercWna any ri{ht or reatedy�hall not be�waiver of or preclude the
<br /> - .. axtrcicc at suY��t ar sca�sdy. - _
<br /> .. l=.S�etwq��wi Ari��Bo�N=Jol�l�M 5eren!IJ�bWlii Co-9�er�.The coverunts uid�rameat:of this SecuritY
<br /> ,i Imerumeat shall bind aad beneflt the succason and aui�ns of Lender Rad Bonorrer,�ubject to the provistons of pua�raph 9.b. �.
<br /> � Borrower's oovmants and a�raments shW be jnint and severd.Any Bonower who co•��ns this Saurity Instrument but does on::�
<br /> • not execute the Note:(�)is co-�i4nin�thb Security lastrument oaly to mort�a8e.�rant and convey that Bonower's interat in � -
<br /> �. � the Property uader the terms of this Secudty lastrumeat;(b)is not penonaUy obli�atod to pay the sums aecured by thfs Secudty
<br /> . � Instcument; and (c) earees that Lender and eny other Borrower mry agree ro extead, modlfy, forbear or make any
<br /> . • � axommodadom wllh re�ard to the term of thic Security Instrument or the Nota vrithout that Borrower'�conseat.
<br /> {r' ° L'�.NoUces.Ao aotice co Horrowa rovided for in[his Security Instrumeat shaU be given by dellverin�it or by mailing it by �
<br /> Y P ��_'"
<br /> ' ' ,�,f`; ' '. 8rac cl�u mW ualps AppUcable law reyuira use of another method.The natia shall be dlrectod to the Property Addras or any
<br /> ' ��'''� � othe�addras Horrower dafsnates by notla to Lender.Any notfce to Lender�hall be Qiven by fint clus mail to 4ender'a address
<br /> , �,;�,Y:•.,:.-;,:� , aated herein o�any�ddras Lender deslQnata by notice to eorrower.Any naia provided for in this Secudty Imtcument ahaU �''
<br /> : • r.� ,.� •• be deemed to have btea�iven to Borrower or Leader whea�ivea w provided in this puaQraph. Y�
<br /> � '�:�>� � ' 11.Go�enl��I.�wi 9erenbWt�.This Security ina►rument shall be governed by Federal law and the law of the jurisdiction in l*..--�
<br /> . ,-- . � , whkh the Property is laated.ln the event that pny prorision or cl��ue of this Security Instrumeat or the Note conNcts with ap-
<br />_ , •„ �;,• plicable law,such conflkt sholl not affect other provfsions ot thia Secudty lnstrument or the Note whkh can be given efiea � u
<br /> ' . �' � ; w(t h o u t t h e c o n N e N n�providon. To thi� end the provision� of this Secudty Itutrument and the Note are dalued to be �
<br /> ; �' uwenbte.
<br /> .- .' t .�`i':. � '' .. • � -
<br /> ,'4 i��,� :, „ is.Borro�ver�Cupy.Borrower shail be given one conformed copy of this Security instrument. --
<br />- • r' �r•d_".'.' •;rb,�ttd.�i..�.
<br /> � ,.', "'i�:p;_�,�_;�; � 16.A���e�t ot Rs�b.BoROwer uncondiUonally assigns and transiers to Leader all[he rents and revenues ot the!'ropeny. ��-=
<br /> ; •',r.��ls.. • Borrower authorfza Lender or Lender's agenu to collect the rents and revenua and hereby directs each tenant of the Propmy ti :
<br /> to pay the rents to Lender or Lender's agents.However.prior to Lender's notice to Borrower of Bonower's b�each of any cove-
<br /> Cr�:.
<br /> . , " „ , nont or agramrnt ia the Security Instrumrnt.Borrower shall coQect and receive dl rrnta and revenues of Ihe Propeny as trusta .,�5:.
<br /> •�. , for the benefit of Lender and Borrower.This asst�ament oi rmts rnnsdwta an absolute aui�nmenl and not an auianmeat for -
<br /> . •?'. � oddiUonal secudtY only. �
<br /> , � ,, If 4rnder gives notice of breach to Borrow•er:(a)aU renta received by Borrower shall be held by Bortower as trustee for beneflt
<br /> � � of Lender only.to be applled to the sums secured by�he Security Instrument;(b)Lender sh�ll be entitled to collecl and rceeive all
<br /> . • � of the renta of the Propeny;and(c)each tenant o[the Property shdl pay all rents due and unpaid to Lender or Lender's agent �
<br /> on Lender's written demand to the tenan�.
<br /> ? Borcower has not executed any prior assignmeet of Ihe rems and has not xnd will not perform any act that would prevent !
<br /> �� . � Lender trom ezercising its riQhts under this parograph 16. �
<br /> ' Lender:hall not be required to enler upon,toke control of or maintain the Propeny before or after giving notice of breach to
<br /> � ' �>�" � Borrower.However,Lender or a judici�lly oppointed receiver may do sa at any time there is a breach.Any applfca�ion oi rents 1
<br /> � . ahall not cure or walve ony default or invalida�e any other right or remcdy of Lendcr.This assiQnment of rcnts of the Property �,
<br /> . shall terminatc when the debt secuted by the Secu�ity Instrument is pafd in full. �
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