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_ __ ,_.� . . �h�j. z . - . , ..�:-.:'}�h�•��y�r::n� a-;rr. .-N.v 9.�� .�/�t^,- . -. . '-'.... . . . .. .�.- ,.,-- . _ ._ - . . . � - . .._ _. . . . .. . ... .. . . ��w . '��: \ �►�N�,N�iOti re 1r1M�d b j/ Z.Of dlMl�f•�0�I�oY�t d'MIOM�yM�d/• /�JI�Q�� -—•�--. '��b�i�IlUiii��dDCY ii0�'ii{�iC�:��!�lC1�� . _ . _-_ � �. l.ladllf 1�OO�OCt�Oq�C��by�$OCIiO�• � Of'�r 1�P AE011lydiM O�I11MR. ��)D�rM. I.onder may.exoept M lfimitad by re4nl�tiooa i.�by the Secret�ry in the coe a[payWeat defioiW. . wq�iie�6sn�i�lep in AtU d d1 aums�ecured by tbb�S�cvriry Lrr1r�if d�;�t►Y f�n�oo pYy ln ttiu wy moal�r Wr��bY�+��Y�P� W a an die doe dsoe af t6e aext monthlY P�r�+a (ii)Barowa dehuW by tailina�.fa�peeiod af d�iKy daya�to perfam�ay dbar obli�+daw c�ioed ia ddi � (b)Si�Crs�it AO/rw�i. Z�tler sl�ll,if pamitoed bq appUcabb lew md widi the prlar�pp�vvd of tbe �e�etaey.ro9uLe�uned�e p►Ymeot io fbll of all tbe iwna�ecwed by thls Socutity L�eauaoent iL• (i)�►11 oc pat of tha Pmpeit9.a a beocfictat i�tarst in a unat ownin�vl or p�t ot die Propaty�L mW a aWerwise tnurd�en�ed(at�ec t(un by devise or deACait)by d�e Bamwer,ntd (ii)The Prope�ty is not occupicd by tbc purch�ser oa��anta aa his ar her principel t�es�ence.a the purchasp' or �gmntce doat w oocupy the I�+ope»y 6ut bis or her crodit hu aot ban approved fo �ocadw�oe with the i'equiiements of thc Secre4cy. � (c1.No i�lvQts If ri�umstw�s occur thu waWd penait l.ernkr to requi�e imnbdiatc payment in fuU.but La�der dOCS I1Qt �UChpa y�n�,LCOdCf dOCi IIOt WY�ve�ts dght8 wjth�espoc t t0 6u�11Ept pYCntB. � (d)',Reg u�of HI.iD�wetary. In mmy cinunuunces rogulaHons i�sued by the Secreury wlll Wnft La�derti rights in�he Caaa of payment dcfaulta. ronq uiro hamedietc paym�t in fWll And fm�eoWce if notp�d. 'Ifiis Secur�ty Iasdwt�ent doea not aothoriu acceknuic�a or furecloawia it not permiucd by ncgnlatlans of thc$aMsry. (¢)Mart��Rlai lostttcd. Batrowtr agnxs dsat should this 4ecurity Lu�4uo4eat end 1ha nde aecurcd d�ereby not . ba eligible for insurAnce under the Nuiaul Houdag Acf wlthin �� d�tc heroof.La�der mxy.at its optlon and aotwitluwnding anyd�ing in P�uxgrapb 9,nquire immediate ps�yment in full of sU auma r,sceu�d by t6ir 3ecurity Instnuneau. A wrluen statement af aey authbrized agem of the Secretery dated subsequent to from the date hercof.decUning to inatte dtis Securlty Inetrument and the note securerl U�ereby.ahall be deemed conclusivo proof of such ineligibility. Notwlthstanding the fongoing.this option mey not be exe�ised by Lender when Ihe unwvwilobiNty af inauranca is eolely due w Leader�f�ilure w romit a mortgage inswance premium to�he Sa�retary. 10. Itelnetatetnenf. Borrower has a right to be reiiutatal if l.ender tws required immediate payment in full because � of Borrower�s failw�e w pay en emount due undec tl�e•Note or this Secudty Instrument. This right epplias aven after . fotoclqa�we Proceedings ene instituted. 'Ib rcinstate the Securlty Inswment, Bormwer shall tender in a lump aum all amounta requited to bring Borrower�a account curnnt including.w the catent they au�e obligadone of Borrower under dds • 3ecuriq►Instrumen�toreclasure coats and reasonabie and cusromary auomeys'iees wni cx�i�a�p�o{feriy sssa,-faied wiih tde foreclosure proceeding. Upon�einatetement by Homowcr,this Secur�ty IrwttumeM end thc obligadona tbat it securos �all t+emeln in eifect es if I.ender had nw�equined immediate payment in full. Hnwever,l.endcr is not requircd to permit roinetatement if: (i)Lcnder has acceptad reinstatament aftcr tho commencamant of foreclo�ure proceodings wilhin two foncloc�ure�on ditftcrpen�t gmuods in the futu�or(iii)reinstut�emtentwll adverpsely�eff'dicc�t�thei priori�y ofmthe lien c a�ted bY dus Securiry Instrument. 11. Borrower Not Released= Farbearana b l.ender Not n Walver. Fact6nsion of the time of payment ar modificatlon of amon(zation of the sums secured by th�s Security Instrument grnnted by Lender to any successor in inte�est of Bormwer sbnll not operoto to release the liability of die original Borrower or Borrower's succcssor in intercs� L.ender shall not bere�ui�ed to eommenceprocadings aguinst any euccessor in intenst or refusa to extend time for payment or otherwise modify emortizadon of 1he aums secured by this Securiry InstiumeM by reason of any demend mado by the origiod Borrower or Botrower's successors in interest. My forbearance by Lender in exercising any right or remedy shall not be a waiver of or proclude the eaercise of eny dght or remedy. 12. Seccessors aad Assigns Bouud;Joint annd Several Liabllity;CaSigners. The covenents and agreements of this Securiry Instrument shall bind and benefit the successorr and assigns of Lender and Borrower.subject ta the provisions of Paragrnph 9.b. Bornower's covenanls and agrcements shall be joint and xevernl. Any Borrower who co-signs �his Security Insaument but dces not execute the Note; (a)is co•signing this Security Instrument only tu mortguge,grant and convey that Bomower�s interest in the Property under the tertns of this 5ecudty[nswment;(b)is not petsonally oblig�l to pay the sums securcd by this Security Instrument:w�d(c)agrees that Lender Lnd uny other BaROwer may ngree ro extmd. madify,forbear or make any accommoda�ions with regurd to the terms of this Securiry Inswment or the Note without thet Bonowerk wnsent. 13. NoNces. Any notice to Borrower provided for in�his Sccurity Inswment shnll 6e given by delivering it or by mailing it by first clnss mail unless ap �cable law requires use of another methad, The notice shall be directed to the Property Address or uny other oddress �orrower designates by notice tu Lender. Any rtotice to Lender shall be given by flrs�class mail to Lender's address xtnted herein or any address Lender desi�nutes by notice ro Borrower. Any notice Qrovidod for in this Security Inswment shell be deemed to have becn given to Bomower or Lender when given ns provided �n this puagraph. 14. Governing Lnw;5everablllty. This Securily In�trument �hull be govemed by Federul Inw und the luw of the junsdiction in which the Property is located. In Ihe event thut uny provision or clause of thiw Security Instrument or the 1Vote conflicts with applicabk Inw, �uch conflict shAll not uffert other pruvisions of thix Security Instrument or the Note which cnn be given eff'ect withaut Ihe conflicting provision. 7b this end the provisians of thi�Secudty Instrument and the Nae ure declared to be severable. 13. Borrower's Copy. Borrower shull be�eiven one conic►rmed copy of this Security Instrumen�. 16. As+rignment of Ren��. Bonower unronditionully uxsigns and trunsfer�c to Lender all the rents nnd revenues of the Prope�ty. Borrower uuthorizeg Lender or Lender�•rgent�lo collect the rents und revenues und hereby dirccts euch tenunt of = the Properry to pay the rents to Lender or Lendcr's agents. Howaver,prior 10 Lender's notice�o Borrower of Borrower's bre�ch of uny covenant or ugreement in the Securi�y Instrument,Bormwer shall collect:u�d receive all rents nnd revenues of the Prnperry as uustce for the benefit oi Lender and Borrower. 'Il�is ussignment of rents constilutes un ubsolute assignment and not an assignment for additionul�ecurity only. !f Lender gives notice of breach to Borrow�r. (u)all rems received by Borrower�hall be held by Borrower u4 trustee fOf DG11CIl[Ot LCIIQCf OtllY,to oe appiieti eo tne sums secvred'oy irre�ecumy insirumeni: �uj i.c�nrcr�naii irc cniiiicu i.r mlkct and receive nll of�he rents of the Property;und(c►esuh ten+�nt of the Properly xhall pay ull rents due und unpaid to Lendar or Lenderk agent on Lendcr�wriuen demand to thc tenunt. Bortower has not executcd uny prior nssignment of the rents und ha+not und will not pert'orm any act thot would prerrnt Lender from ezerclsinp it�rights under this R►rn�rnrh Ifi, Lender shell na be reqmred to enter upon,tukc control of or muintuin the Pmperty before or•rf�er giving nutice uf breach to Borrower. However,Lender or a judicinlly uppointed receiver mny do so at any time ihere i.a brcuch. Any applicatiun of rents shull no!cure or wuive uny defuult or invulidute uny other right or remedy of Lender. 7'his utisignmrnt of rents of Ihe Properry shnll terminete when the debt secured by the Security Instrument is paid m full. 1/wR�d.�JI/wgrs► /� � � .. �