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--��- _ _ . �v___._ _ ___ , . . . ' . ,n„ - , :�:,.:.�.%rf.n'�urryy,��•s.Tr.,p fs�.s�'�_ ' - � .-..... .. ��N' .. � ,. .. .. ,. � „ ' •� ' � }, 'l.1�. . a � j�4J.Y- �� Aswi�wii��*s�wiin�i iw�"�' -- � �R��:�+.t�e_�lt.j*'7M!�_,�.- i►'�tii�—-_;,';_ �_.. �t ��ad a1MMMI�L��tnldQ��M Bi�M r/IYM��o�lilr 1�I��1i11i-��1l��•rr.,��;� ��lAMMkr 11'!�CO��1YM�d111r/1 MId10f�Md by 1�M�OC1�• � at�w�� t��{�yp��b�Of iu�IN1111��OC11fOd��O�Y Illiff1M11H1t��fb0 C�M 0��ar��r (l)BOf1o'1Y0� djl��II�1 plj►IIIOIIt111y P�fYl00t 10�i�1�,bIY�� 1110f Cf11�lO�10 f�0 Of 1�Ip D0� p�� ii)Bono�►a defiiulp l+Y h�lla�.fix�perlod of thiKy day�.to pafam wy od�er cbii�a�lons ood�ined ia�iis . �y� ��Creiit Appro�i. I.aoder�1a�U�if Pamitbid�bpi�PP�icablo!sw�nd wllh tine t�tr�pp�val 4f,!Ile�;':;.,'::�`�;,j� Sn►�ib .��P�1'�in fi�of t6e�g x w�c�red��tY/mwnm�aK if: ,., ' �, ; ' •�(i��'. 'U o�•p�at+atd�e qs bec�ql��(rtt�i«�:lu�a• All a pnt af dio[�lroperty��•;iol�oe' � , , � ,:oilicT�iso 4rau?s��r�ed'(�qn ti11',de�ttaxd8�cci�i�1►y 1t�e�o�rower,xnd •. ., ,. ! ` � - ..•� .: ..�°��:��i�:7l7iie Prnpetty�not ar�{pbecl;bY die p�dwb�!'pl'8'�t�.�s His c��er princlpad radda�c+e�or d�e�Irduue�� .'.: . � ` ..� �anoee does so occupy ��he PiopatY bnt �hit tu �er oredit has aot boen �ppnn►�d in �000nd*occ . .,L.•,'•: '."'. •• ItlOf1NRSOC1Ct�• ' . �1V1m t�1E I�DQY�TCISC�i • (Q)1�0 W�M!!. Il�OCCUr 111N1 WOII�d pCt111�1 j.dldOf t01CQII�IE�IItG10d�0�imldK iA�,��.pM� dOq 110[�u NIC�1pryne��.�11�G d00s IMK 1N1�V0�i P�$�11i NI�1�1�oct ZO SU�1iEQUCaI CYED�i. (d)il�qYtlor o�HUD 3�crebu� In a�anY clmumota�oes�u4�ioas iwied by tbe Sec�tvY wiU Uaiit Laderls ri�hte� in the cae d paymmt det�ults.toroq uiie immtedWe Wyment�in tuU aud taeclaa it not 71�is Security In�uu�r�ent dP«not wthudze wcakr�tian or toroctosuio it not pamiaed by rejul�tiau d d»�. (�)Mwii�Not Iwnd. Bonawer ajroe�that�houW thi�5ecurlty Inqrwaent md tl�ee nob�ecurad tlbreby ao� be eli�ibb tar inww�oe unde� Ihe N�tiaud Howln�A�ct wflhin �� d�te hereot.l.ander rroy��t ils option�nd notwi�hwu�dina�pythln�in P��equiro bnrnediote paymero in full of dl wnu�ecwrd by this 9acueity Insuvm�at. A wrfpen potemem of Mny wthori�ad a�aM of tlio Secrewy d�ted wbreque�W to fran the date hereof.declinin�to inwro this Securlty _ ��t��by.�11 be damod conclwive proof oP wch ineli�iblNty. Natwi� the fae�oin�.1h1�aptlon may nut bc o�unci�ed by Larider when the unavdUbillry oi InsLt�noe ic wldy due to L�ndarti[dliue a remit�moit�e insurmve Pnmlum to the Sa�etary. !�. Rdp�l�temaa� Borrower h�e�dgM W be roi�utatod if L.ender hs�quirod immediata p�ymau in full ber�wua of Bamwerl�failuro ta pay pn+unuunt�duo under tho•Note or thie Security Insttument. This right appll�s a„ea+�n' faecbw�e �unceedin�ts�rc iost(tuted. 7b rcinslato the Sectuity Inswment� Homnwer shall taw)er in a Iwnp wm�LI amounts requi�d to�bring Borrowarl�qccount cwront inciuding.w d�o oxtam lher+un c.bllg�tio�s of S�rowa u�t� Securiry Inshument�faxlosure cocts and�n�blo ond customary attomoys'fees and expenges properly assxiated with the foroclosure proceading. Upon reinstatement by 8orruwer.this Security I�ctrumem end the obllgatiau tlwt it�cures ehWl remain In effect as if Lender lu�d not requinsd immediste payment in full, However.Lender ie not ro9u�w��e�io reinstatement if: (i)I.ender has acceptal ninctatemenl atter the wmmencement of fonclowu�e prooeodinSs, yesus immedlately preceding the commencemeM of a cwrent foreclosure proceeding. (ii) roinstatemeat w�ll proclude forxtosuro on differcnt grounds in the fawn.or(i ii)neinctatement wlll adve�sely'affect die pnority of tbe lun cmted by . thia Socurity lnsdument 11. Barrower Nnt Released; Forbe�rance bx LRnder Not a Watva: Earcnsion of the time of payment or moditication of wnoRizedon of the sums secured by t4�s Security Insaument granled by L.ender to any�uxessor in intcKest of Bomower ahall not aperate to�+elease the linbi8ty of the original Borrower or Borrower`s successor in intcrest. Lender ahall not berequic�ed to commence proceedings egainst ony successor in interest or refuse to extend�me for payment or otherwise modify amortization of the sums secured by Ihis Secudty Insuument by rcason of any dernand made by the original Bprrower or Honower's successors in intorest. Any forbearance by Lender in exerci�ing any dght or remaly ahal! not 6e a waiver of or preclude the exercise of any right or remedy. 12. Successw�s and Asslgns Bound;Joint and SeverAl Liabllity;CaSlgnera 'ilie covenants end agroemenla of this Secudty Inatrument shall bind and 6enefit the successors and assigns of Lender and Bomower,subjxt W the provisions - of Wragreph 9.b. Borrower's covenants and agreements shell be joint nnd several. Any Bomower who co-s�gns this Security Instrument but does not execute the Note: (n)is co-sigoing this Security Inwniment only to mortgage.g�n t and convey that Horrower�interest in the Properry under the terms aP this Secudty Instrumenr,(b)is not personaUy ob il gated to pay the sums secu�d by this Security InstrumenC and(c)ugreeu that Lender nnd any other Borrower may ag�ee to extend. modifj�,forbear or makP any accommodations with regard to the terms of this Security Instrument ar the Note without Ihwt Borrower�s consent 13. Nodeea Any notice to Borrower provided for in �his Security lnstrument shall be given by delivering it or by mailing it by first class mail unless upplicable Inw requires use of anwher method. The notice shall be directed to Ihe Propeny Addreas ar any other nddoess Borrower designates by notice to Lender. Any natice to Lender shall be given by firat class mail to Lender's address stated herein ar any uddress Lender designates by notice to Borrower. Any naice provided for in this Security Instrument shall be deemed�o have been given to Borrower m Lender when given as provided in this pamgraph. l4. GoverninR Law:Severabillty. This 5ecurity In�trumnnt shall be govemcd by Federal law and the law of thc jurisdiction in whkh the Property is located. ln the event thm uny pnwi�iuu�r�iauxc of this Serurity]nspumeat or�he Noto confltcu wi�h ap licable law,such conflict shall not uffect other provisions of this Security Instrument or�he Note which cun be given e�ect without the contlicting pravision. 7b this end the pravi�ionx of this Security Instrument and the Nnte are declared to be sever�ble. 15. Borrower's Copy. Borrower shull be given ooe c�nformed copy�f thix Se�urity Instrument. 16. Asslgnmmt of Rente. Borrower unconditionally ussign,und trunxien to Lender ull the rents and r�venues of the p�p�rty. Bomower uuthorizes l.ender or Lenderk nFentc to coller��he rentx and revenues nnd hereby directs each ten�nt of the Propetty to pay the rcnts to l.ender or Lender's ugents. However.priar to Lender� notice to Borrower of Borrower's breach of any covenont or agreemem in thc Security In�trument,Bormwer shull collec�nnd r+e�eive ull ren�s cu�d nevenues of the Piroperry as wstee for the benefit of Lender and Born►wer, This asaignment of renGc cons�itutes nn absolu�e aaxfgnment and not an�ssignnxnt for additional secu�ity only. If Lender gives noUce of breach to Borrower: (a)oii rents received by oorrowcr ni�aii oc ia:�� i vw�i o;u'w'•G. for benetlt of Lender only,to be upplied tv the sums secured by�he Security Inatrument: (b>Lender shall be entitled to collxt end reoeive all of the rents of the Property; ond (c)each tenant of�he f'�mperty shall pay ull rents due rnd unpaid to Lender or I.cnder's asent on Lender's wrinen demand to the tenant. - Borrower has not executed any prlor essignment of the rcnts anP ubu not and will na perfunn any act that would prevent Lender from exercisin$its nghts under this Paragreph 16. - Lender shall not be requircd to enter upon,take conuol of or maintain the Property before a after giving notice af breach to Borrower. However,Lender or a judicially appointed receiver may do so ut any�ime there is a breach. Any application of rente shall not cure or walve any default or invelidate any other nght or remedy of Lender. TMia assignment ' of rents of the Property shall terminate when the debt secured by the Security Instrument is paid in full. Ipadr.�oJ4 pagrsl i - �