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<br /> . . • app�ion oi t6e pa.'oeds:o.t6e priacipat s6all na a�tend o�ppscpc►ra t1K due due or the moachty PaFments*�hid� �- <��
<br /> ` a�ieierr�co in p�{raph 2,o�c1w�i�the amounc Of such Psi!�aents•Aay excess Oro�s�s ova�a amo�uat requir+ed ta►pnc
<br /> aA onist�odio�ipcieb��auder the Nate and this 3ecuri►Y Instrua�ent slull be pti�!ts the eatiq►Iep1tY enutkd the�etv
<br /> ' � �.Fea.Leeder msy wlkct fas and char6a autl�uriud by the Secceary►• . .
<br /> ' � !.Gtaiud[�,Aade�ador ot ikM. : ' � � . , �
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<br /> — — (1�D�.T..lCi��JralXC�Q[9S�IR1Lld�1jt!l�lirA$ORS�SS�D�►t�!'SbCtC'l2iY`1111 I�C��CZS�Of p�tlE YelilLLtiss[ccjWir------
<br /> �- -{�tE PsYtaca�-�t fuiE af ali sums satutl�hy tt�s Securit!►lnstcummt if: . . _ , .. _
<br /> _ (i�:Bosroxa detstWts Ey fa�in�ta pay ia fWl anY moatl�lY 1�Y�t,raluired 6y tLis SecuricY Instrumentp�or•to
<br /> ' ar an�the due due of tlie na�t raonWY WY��•o� .
<br /> - , (cu��B.�orrow�e�r d��efau*[�s by fai�n�,for a paiod of xtiiny days,ca p�rfc�m any acher obti�Cions�can�iaea ia rbis
<br /> �_9 . �{���1KiW�Y�� . . . • � . . .
<br /> -` �_°fi�j-Sr•ie�[ke�Appiar�rsl:�s6ati:-if-�t�sittsa�sY s�t�te lavu at�with tt�e pnor approval of the _
<br /> _-`x .�-__ Sacetary.ro4uire immediatt.Dpl�c�ent in full of aIt thaistttns s�by ihis Se�uti:ji��ustcument if:
<br /> r'' (�Affbr.—pari":ot�th�"Praptrty is otbecwise transferted.(other tbarr by devise or desc�st)-6Y.iha Borrower,and
<br />_�;:r-�. . •
<br /> _� � (a)77u PraDerEY is not accupicd by the pucchaser or S�tce as Uis or 6er prim�rg`or�Y.residcna,or the
<br /> ;';�s;` er
<br /> purchaser ar�aatee does so occupY the Properar but his or her credit has not baa approveb in accardaace witd -s
<br /> �a'r'' tl�t taqairanatts of t(we SecretuY. , —_
<br /> =ti.R�_': u�•f 6ut Ltnder - —--
<br /> (e)No Wstva.if circumstances axur that v�routd pec�ut.��.ender ta reyuire imme�diate PaY�4�u uU; ___
<br /> ;�°:.�. do��s not re9uise sucb WY��,Lender doa�tot waiva iu rights�wit�respoct to subse9uan4;emets. _
<br /> ..,:. _
<br /> . � . (�)Rephda�s sf H[JD Seceefarl.la many circumstaaces reguladons issued bY the SecretarY M�EIiz�Latdec's rights , �
<br /> in the c�te of pay�nait defaulta[o req�rire immediate payauni in fuU anit forectate If not paid.'F��suritY Instrumrnt �..¢�_-
<br /> � daes not authorize acceknatic�n nr foreclasure if not pennuted bY regutations of ibe<,SeccetarY• �V y_
<br /> . � >` �:,,.--:
<br /> - 10.R�te��Borrower has a right to be reiustated if L.eitder i�s ra�nind im�iate paiymeni in full berause of' :�_�;;,
<br /> •• Borrower's falnre to pay an amount due under the Note or this SecuritY lnstrumeat.This right applies even after foreclosure �,:�. =�z.,_
<br /> . proceedtnSs are instituted.To reu�state the Secnrity Instrument,_Borrower shall csndtr in a tump swn a11 amounts requira�`' ,:::;;.; --;�,fF;�.
<br /> • - to bring Borrower's account current including,to the extent they aYe obl�gatiuns of Borrower unda this Security inatn¢o�ez�;• = . `� �-� - --
<br /> forectosvre cosrs and seawnabte and cnseomars►aaoraeys•fas aad.e�enses proPuly assaciaced wish ihe forectosure pro�- � .�';-��,
<br /> n � tatemeat b Borrower,this Security instrumeat aad theufs�ations that it savres shaU remain in effecc as iY�€�er ' ry ��;���_
<br /> Upo rems Y
<br /> : �tsad not reguired immed�t+�paYment in full.However,l.endor is isnt r�ed to pnnnit relnstatemeat if:(i)lxndec has atceptod ���;�,�_
<br /> �:-��i�i,�statement after the rr�nimmcement of foreclosure praceedings�r�thin twa�rs immediately pre¢eding the commencemrnt -;
<br /> � ,.:.,.::i�a carreat foreelosiae•proceeding,(37 reinstatement v►�"Il preclude forectn�vr�:on different grounds in the futnre,or Cii) ��L�:..__-
<br /> , L�:; i�stats�xeir.�;will adversely atfoct i6e�noriry oi the lien created�by this.5ewiity Instrumtat. - . F-� ;,.:-
<br /> � il.�q�iiirer Not Rdeased;F�'sace By Le�der Not x Waiver.Extension ai ihe iar�of payment or modi�cation :' _
<br /> '� of amartizatIon of ihesttms,secures�fsy�this SecuritY Instcument granted by,I.eader to aap�tiuv:essor in interest of Borrower 3 ;���--
<br /> shall not operate to rel��ltaiu.-ty of the original Borrower or Borrower's saccessor in i�rerest.Lender shall not lx required , :��;f,•-,_
<br /> �` to commence proceedin�s�:.''sst any saccessar in interest or ref use to extend time for payment ar otherwise modify amorlization : _
<br /> � of the sums secured by tliis 5eatrscy��'�stroment by reason of any demand made by the ori�nat[iorrower or Borrower's successors : -
<br /> _ _ �.�- in interest.Any forbearance by-�in exere�sing any ri8ht or.rernedy shall noi be a Kai�+er of or preclude the exercise of 'f,... ,, _-
<br /> ��� r any r�ght or reinedy. . � ��
<br /> � T�g�����.�Joi�t a�d Sever�l Uability;Co-3igeers.The covenants and agreements of this Security 2 ��=. : , _
<br /> �E�strnment shal!bind ac�;'����sv�sors and assigns of l.ender and Banawer,su6jece to the pruvf wons of paragraph
<br /> � ' .'3:b.Borrower's covenants&�'cd x�r+�rnents shali be loint and several. Any Borrower who'co-si8ns t[�z.�c-�urity Instrumeat . . ;.��
<br /> �"` � das��t execute the Note:(a)is.��-signin$this Security Insttuizent only to mortga�e„-�.c?t anc!rvccE+ey tdai Boaower's .�;::,.
<br /> , ..
<br /> I, i�eres�r:i��ii:�:Property under the.:e�ms of[h�s Security Instruf�err;Sb)is not personaitv d li i"s gat.d to pay the sums�cured r,�. Yr:
<br /> by thls���..�Insttument:and(c)agrees that Lender and any otl�$onower may agree to�rs:a:�,modify�forbear�c rnake �7?�
<br /> � '�� any acco.:�adations a�th regard to the term of this Security institcment ar tl:p Note�yiit�nui�'�hat Barrower's coasent. ,;':�?-
<br /> �' ?•�' 13;t�;�ces.An�;::�a;.to Botrower provided for,in this Security lnsiru,��.shaA tie given by delir�ering it or by mailing_ ' .-
<br /> it by�r���:�s.�iC�.:�.���rp(�ca�te law requires use of another met6od:TIv.i:�:ce sha31 be directed to the Property Address .. �, _-_
<br /> .t:'` or arry dt.t�;'au.f7e�s*.C-4�r�'�er des�es by notice to l.ender.Any not��ca[��r�:r shaU ts��iven by�rst ctass mail to�.eader's . :`y-�
<br /> e: .;��,;,�
<br /> ;;• : addrasx�;•aflk�;ri�*��i�:addressLenderdesignatesbynoticeto.BorYOU�e�:,�it�noticcpraW:�'edforinthis5ecudtylr�zt�znent ..,;,,.
<br /> . "'�sii���u�'�to�i�,�i��een•given to Borrowcr or Len der w hen�i v e n a s'�r c:+d e d i n t i;:s para gra yh. .� �r •
<br /> • :J...il.�' : • , .. . : . . �, � .. . .. . . . � ..
<br /> 7;``�'. �. � ,' ��rA�s�ius Law;Severability.This Secucity Instrument shall be governcd by Federal iaw and ttieLa•�w�a f the k�.�r4ss:iction .. �
<br /> 'ry.��"����� : ui;vch;�.��1s:�u ropeny ls located. ln the event that any provision or ciause of this Security lnstnimec�t vT�tt�:e Kace-.�flicts
<br /> � '�` ' : �v:xtr,a,�.;,�.i;�`e law,such conilict shall no1 affeet other provisions of this Security instrum�t�or ihe N�te which can k;e`�i��ep { �'''�_'�'
<br /> ��.. �;;,.�:.
<br /> ,�"!��:.� � • eFfect a�i�:l'tq3.o the conilicting provislon.To this end�he provisto�ss of this Security instrum�t and the�ote are decLa:.red to ( . -�;,;,,
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<br /> ,�: �:.' . . . � i
<br /> � � ." -�` �'• IS,�ore�n�ve�'s Cupy.Burrower shall be given one conformed coDY of this Srcuriiy I�istrumenf. f �
<br /> � ,,:�i �'�r�,j. . .
<br />.. -i '1::'t,. " 'rr (tC��.� �
<br /> � �•�;'�`•'� ��� ''%` � Borrowcr uncanAitlonalty assigns and transfcrs t�l,ende�all thc rents and revrnues of ehe Praperty. �
<br /> ,,.,.,.�,�,��, •,i�f.,-. .. 16.'A.s�o�eNt a/Rea�.
<br /> ' �`';' �;��`.`;�`�;' . �A6ttc#tr`eT aut8osius tender or l.ender's agents tn eoltert the rems an�1 revenucs and hereby directs each tenant of the Propeny � ,
<br /> � �! t���t�: ��;s°��` :��� � �" io.pa;y�°�tic�ir.�nts to Lender or Lende�'s agent4. Howevrr,p»ar tu Lender's notirc to�orrowcr oP Borrower's breach af any t ,
<br /> ii,c e;,`.t;. _:.-r
<br /> �k�� : ci�y�n:�ns�'ut agreemetit�in the Security tnstrument.Borrower shall coltect aad reccive aii rcnts and revcnuey oi the Property I
<br /> �`~� 'as t�t�e fos the bcneflt of tender and Bdrrowrr.This assisnmrat of rents canstiintes an absolute assignmens and not an �
<br /> • �"J aisignment.for addit�oa�t sccurlty only. �� � � . .
<br /> ;�; � . ' , lf Lcnder gives notice of bteach to Bortowct:la1 al)tcnts rccciv�d 6}dnrrvwer shalt be hcld b>•garru�vcr as truslee for .�
<br /> beaefit of Lender on1y.to be applied to ihe sums secured b>the Securit>•Instrument:Ib) I.ender chall 6e emitled to coltec� �
<br /> `�� �� and receive pll of the rents oi the Propeny:and(c)e�arh tenant of the Prvprrty shall pay ui)rentc duc and unraid[o Lender !
<br /> :�.�.,. ._ .
<br /> •,,..: or Lender's agent an Lender's written dcman�t tn the tenant.
<br /> • � �orrawer ha5 not executed a�y prior assignmcnt o!'the rents�nd has nor and�+il}not perf��rm any act that«uuld pre�•rnt
<br /> �� y' '' ' Lender irom ezetcising Its rights under�his paragraah 16. .
<br /> , ' � . :__: . �
<br /> -�, - - �T-�--��- Lene►er ahal}not be cequired to enter uDnn,takc control of or m�tintain thc f'ropcfty brfom ur uf�cr Li��ing nntirc of btcach ; . _
<br /> equ�
<br /> �, ��;�� .� to Bonower.Howcver.I.�ncfer or a jndicia(ly appo�nic�recei�•er may de+«�t art�timc zficrc ic a i�reacir. hnp:,p�,�ic:ail.y�r -� - -
<br /> .. �-?�• • of renis shall aot cure or waive any�etault.ot invalidatc any athcr cight nr rcmcd� of Lender.7ttis us�i�nntcm oi rrnt�af •
<br /> ' �� � � the Propert�r shalt terminate when the debt serurrd by �he 5ecurity Insirumcnt it raid in fuli. •
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