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<br /> rcl'eerod a ia pu�r�q�6 Z.qr ch�n�a the�nt af wcb pqmaeqq. Aay e�p�ead�ava��n�mount�nquind w pqr d! ��.
<br /> oqpUodlq�inaa6ledrie�r uMiK lir Nale�1d dlb i�uuicy 6Mn�al�nt�IMII bo puid to t6r�atitY I�pl�!►e�Mltlad i�MMa � .,
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<br /> �.�'ir.L�andar Wq►cdkot faa aod cha�a�wthorf�d by the Sraetr'y. . .
<br /> !.�e�wi�oe A�+odieitlo��f D�6t. .
<br /> , �__r-.--�--4- -- -�
<br /> ' ty DdMdt. l+a�der m�y. except as Ilmited by re�ul�tiau iaued by the Secrdary in tbe c�e of p�yma�t defsulp.
<br /> �equire immedUte paymaK in NII of all cum�iewrod by thia 9oarity Inu�urnau if:
<br /> (i)Barnower def'ault�by fiiNn�w py in fbll�nY�Y WY���+ed by thio Secu�ty Iamumeat prlat to ar
<br /> on tha due dwto of the next momldy paymeat.or
<br /> - (ii) Bo+��awer dcfaults by Wlin�. for a perlod of U�ty dyrs. W perfam�ay Wlkc obli�Miata oo�M�inod io t6i� � .
<br /> 6PO -- Secpcity On�ruaamt. .
<br /> ' (b)S�k WIRioW Cr�dit App+�val. [�ender a6all. if�antivad by�plic�ble�aw and with tde prior�ppmnr'a4 of the
<br /> — - Sacrd�ry.�nequioe lnw�odipte ps�ymeot ia tLll of xU auu�s secwed by 1his�Securaty lnsaqment if: ;
<br />- _-- �(i? A!i k►� part of ihe�Prapeny,ar a beniafici�t�interest'in a tr�st owning ai! a pae�of�he 1!coyetly, ia tdW or
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<br /> `"1l:;;z yr• � �:othCrwise qrAtarfeitad(oth�Iltan bg��Erase Ot desCeAt)by t1k�?nrtaw�r,s+nd •,
<br />_.,.;.
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<br />' ''-� ' r� _ ' �� �'` � •(ii) ?he Praperty 3s tuK accupied by ttre pwchs►ser or r.� �.c i�is o�r her rincl residenec. or ibe
<br /> — .T�,.__ >_..,--_— • �,,•.�
<br />_; ' ��+f�'� � pwGhacer ar grantee does so occupy the Proirerty t�t his ar bcr��+�tat bee�appraved in acco�nce whh tbe
<br />_ -__ roquiren�enis oPti1�'Secraary, �
<br />=�:'u:S�Ll�b�V_C��f -- , .
<br />"� �����"°'°a"""'` (c)No Waiver.If circumstanoea occur that would permit Lender to requira immodiotc peymeM io full.but Lender doet
<br /> ���ii�.r1;,: I°.. � _ .
<br />= —�""�r'� not roquiro such payments.Lcnder does not waive its r��hte wlth nespect to swbsequent evenq.
<br /> (d) Re�ulwdotw of HUD 3eeretwry. In many circumstancxs �egulationo iesued by the Secr�ewry will limit l.ender's
<br />.��.;��: rights in tho cace of paymcnt defaults to roquiro immediatc payment in full and foroclose if not paid. Thir Sa,ur�ry
<br />- - — in�trumau doea not aulhorim�aoxla�tion or for�eclowro lf not permitWd by ro�ul�tionr of the Soc�rryr.
<br /> :�;
<br /> - (e)MortQa�e NM I�urod.Homawer ogree.a�hut should thix Security Instniment�nd the Noto securod thereby not be
<br /> - - eiigibie for insurancc under the Natiorwi iiouriny Act within 60 dayc imm the datc i�erooi',I.erder m�y.rc its aption
<br /> '°'� end notwithuandin an thin in h 9,r ire immodiwe ment in Pull of�II sums r�.curad b Ihis Sau�t
<br /> �� B Y B P�B�P � Ps+Y Y Y
<br /> � � lnxtrument. A written xtatcment af any autharlxed agont of thc Socrctary duted wbssequent la 60 dayc irom the date
<br />��;i. hcroc►f.doclinin�ta insurc this Secu�ity Ioatrument und the Nate securod thereby,xh�ll be damod rnnclusfve praof af
<br /> ''�� such ineli ibiHt Natwithstandin the fare ain this a ian ma rwt be exercised b Len�ler when the wwvailobilil
<br /> .x� �x B Y• B 8 8• M Y Y Y
<br /> ' ' n=�•°�;,� of insurnnce is solely due to L.ender's failure to remit a mongage insurwxe promium to the Secrotary.
<br /> . � � . `=t.
<br /> ., . ;�;,.;..,.,., ., 10. Relnstatement. Borrower has a right to be reinstated if[.cnder has rcquirod immediate payment in full because of
<br /> Borrower's failure to pay an amount due under the Note or this Security Instrument. This right applies even after foreclosure
<br /> '�' ' �•� proceedings ere instituted. To reinstate the Securiry Instrument, Borrower shall tender in u lump sum all anwun�s required to
<br />_= ^�'�'�^�j��(� bring Borrower's account current Including, to Ihe eatent they are obligations of Borrowcr under this Socurity Instrumcm,
<br />-_ c;;;;:s�
<br />= ' •Js 4�,?�•����� forcclasure rnsts nnd reasonable and customury attorney�' fees and expenses properly acc�cietP�l wi�h the foreclosure -
<br />�.-�;�• „ procceding. Upon rein�tement by Borrower, this 5ecurity Instrument ancl the obligations that ii secures shull remain in effact
<br />������ �����' es if l.cnder had not r �red immediate ment in full. However, l.ender is not r uired to rmit reinstatement if: (i)Lender
<br />�+";�i� "��y �W. PaY �1 P�
<br />:•,��,., hes accepted reinstatement after the cammencement of foreclusure praceedings within two years imn�ediately prereding the �"
<br /> �•�" cammenoement of u current foreclosure proceeding, lii> reinstutement will preclude foreclasure an differcnt gmunds in the
<br /> ,�`.J� {' �• " Poture.or{iiil reinuatao�v.ill�dverscly ai'fect the priori�y of the lien created by this Security Instrument.
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<br />'_;;�. ' ��;;:�'��'.t�• ���,f� ll.Horrower Niat Relessed:Forbenrance By Lender Not a Waiver.Extension�►f Ihe time of payment or modification oF _
<br /> q��;�.,,
<br /> "�-'' :'S'3�,���i� ;-�titi}'.. �morti�tion of�he sun�s¢ti.zared by this Security tnstrumen� gr�nted by Lender to any cuccessor in interest of Borrower shall
<br /> ,�, .,, C�S;i'i• -:'.��.
<br /> a na rate to rckase tbe liabilil of�he ori fnstl Borrower or Borrower's succe�sor in interest. l.ender shall not be uired to -
<br />_ - � � �i:i�� � Y 8 re9
<br />__ �r^��l�,��:' ; commenoe pro�1oedings against uny successor in interest or refuse to extend timc for payment or olhenvise modify arr�ortitation
<br /> � � ,4,tin� . of the sums serured by �his Security Intitroment by reasc►n of any demand made by �he original Borrower ar Borrower's -
<br />-r_ ' ''r'`;� �• successors in interest. Any forbearence by l.ender in exercising any right or remedy shall rmt be a waiver of or preclude the _
<br /> ��_r,'.�'.� exercise of any right or remody. �
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