|
.. . -. _' . . ._ � - . . . , 'o-,i. . ... _ . . _;i _ ..i.f �'- ;'. —_
<br /> ..�. .. � ..- .� .. . . _
<br /> -.�_ ... .. ..�. ... .� .- . . . . , . _. . ., i: � c.;a.:--
<br /> .
<br /> ._
<br /> . . . ._ � .,...r, ...�i�
<br /> ,.
<br /> . _ .. . .... .... -.. . .
<br /> ,. . . 19g• .' ��sil�°1B — -
<br /> p�ymtnte,ivAich aro rofcmd to in aaregrepb 2 or�fiu�e the eimunt ot tuch p menu,.My exas.+p�oo�ed�ovee�p� �
<br /> aamuntfe4uited�o pay ell outstending IndrMednrss unqenho Note and Wb 3ecud�jr Lislnuncnl ahell be pald to�o�tity , T. n _
<br /> Iegtlip tntfqedlhereta .� ° �
<br /> e, p�p,�armayoollatlea�anAchargeaeuthorl:edDythobecretary.
<br /> 9 iiropadttorAoateralloanfDebt� � -
<br /> (�)Uehult. l.ender mey,oxwp�m Um1tW by rcgplation�Issued Dy tlie Sarctary In the eeso of payment Aetauite,
<br /> rtaul�olmmediataWy mentlnNUatallwm�ueurcd6ydil�Saudrytnswmen�lf:
<br /> p)Bomower defeulu by faqing�o pry in Nll eny mon6�ly payment rcquhed by tdL Suwlty InstNmrnt prior
<br /> rooronchaduedataotthanoxtmonWypaym�t or � - -
<br /> (ily Oorrower dotaulu by feillng,for a perlad of�Iny dxy�,ro perfoim any a0wr obilgapon�contalned N thfe
<br /> Secwiry Insuumen�
<br /> (D)BWe W(t0out G}edlt Appmvd, l.ender eh�l,lt pmmitted by appllcebla lew md wlth tho prtor epproval ottho
<br /> 8ectttery�requl�e Immediate paymen�In NII ot�l tha�ume seared by thb Secudry Inawment IC
<br /> p)Ail or pnrt ot�he Property,or a benoflclel�nterost in�uust owning ail a pen of tho Propeny.i:sold or
<br /> whenvlse uansferred(other�hm by devlse or desecnq by the Bortower,and
<br /> (iI)7Le Property le not ocoupkd Dy tAe purc6uer or grontee u hb or her piinclpel rcsldenoe.or tAa purcAaser .. .. . .-- .
<br /> ' orgren ta does so occupy tdo Properey but hie or her credit has na been epproved In eaordmro
<br /> wlth tha rcquLemenu of�he Secrewry.
<br /> (c)No Walrer. Itctrcwwences aar�hat would pertnit Lender ro rcquim tmmediete peymen�in PoII,�ut I.ender
<br /> daes not ulro suchpaymenu.Lender daa not wetva iu dghu wi�h rtspect to wbsequent avenu.
<br /> (d)Reaul�om otHUD 8ecrctary. In many circumatancea rcguladonsiuued by�ha Secrotery w1U Iim(t LenderL
<br /> dghu.ln tho cate of payment detaul��torcq dro tmmediete payment(n PoII md forcclose lf notpsId. 7Lb
<br /> Sxmiry Inat�umert doea not authorlm aocelewdon or forcelasuro if not permitted by�eguiedom of the 3ecretery.
<br /> (e)M1iortgage Not Insured. Boirower egrcc.a�Mt:hould thta 3ecwiry Instrumem and the note securcd theroby not _------------
<br /> 6e oligible for inaurence under the Na�tonel Houaing Act wiUdn 8 montha fmm�he .ti._•-�
<br /> dete hereof,l.ender may,et in opHon end notwithetendNg enything in Peragraph 9,rcquiro iRmediaie payuxnt in - _.
<br /> [ull of dl aums secured by thii Sceuriry Inawmen�. A wdtten eta�ement of eny�u�hoduA egent ot�Iw Senstery �`'-'
<br /> �.�--_
<br /> deted subuquent to 8 moDtha from�M1e dete hercof,declining ro Inauro thi�Secudry --
<br /> Inswment and�he nore«curcd thereby,�hell be deemW wnctusivu proof of such Ineligibilfty. Notwlthstending ::::-:
<br /> tho tottgoing,�hle opHon may not be exercised by Lendcr when tha unevailabiiity of insuranco 1�wlely dua�o _
<br /> I.enderY teilure�o rcmit amortgage inaurance prcmium�o the Secrctary. - ���-�
<br /> 10. Rtlostatement. Bortowcr has a right io bo rcfns�eted it[.ender has rcquired immediatc payment in full Ixcause -__
<br /> of Bortowerl fdluro ro pay an amount due under the�Noie or�hls Secwity Inswmen� Thi� dgnt appliee even atler =_
<br /> torahtsure proccedingi ere ins�imted. 7b reinstete Ihe Secudry Insimment. Borrower ihail tender in a lump sum dl —_
<br /> emounta requ6ed to bring Borrowerh eecount eumnt includ(ng,ro�he extrnt they are obtigatio�n of Bortower under Nia _--_
<br />- Sa.cdty lasxurt�i,tar-bsu�rsu sA reaaa�able arA cu:ic:n�r�:.t:.r.�ys'!and:x�n:�:p:e,:.rl;s�iued W!!h --�--------�
<br /> Ihe foreclosure proceWing. Upon rcinsletement by Borto�ver,�his Security Tnsttument md the obligndom�het it secute
<br /> chell rcmein in effect n If Lender hed notrequGed Immedia�e payment in full. However,Lender ie not rcquired�opermlt ---
<br /> ttlnstetement IL• p)Lender ha+ueepted rcinsutement after�he commencament of farcclosure praceedinga wiihin two ---
<br /> yeeu immedietely preceding �he commenttment of a curtent Porecl�urc prncaeding,(iU rcinxteremem wfll przclude =_ ___. . .
<br /> fotalosuro on ditfertnt ground�in ihe fuwm,or pii)reimmtement will adveracly effect�he pdority uf the Iien created by =_--__--
<br /> NiaSecudt ImwmeN. � '=._
<br /> 11. �orro�rer Not Releaudi �rbeerance by Lender Not e Wetver. Eztemion of the time of pa mcnt or
<br /> modiflcetion of amoNzetian of�he Rum.secured by�hii Securi� Instmment gnmed by Lender w any successor 1n intettst �`'��-
<br /> ot Oortower+hatl na o nte ro rclesu�he liabilit of�he ori Inol Borrower or Borcowerh successor in inlerest. Lendu ;;;''�`'''"-�
<br /> shell not bareq utrcd lo commence prucecdings agninst any successor in imerat or rcfuse to extend�ime for paym ent or 3 si;i f,e.'-��
<br /> othemise modif amortimtion of the sumx ucurcd b �h�s Securit Insirumen[b rcnwn of en demand made b �he -��`�+�'���+%-`-
<br /> od Inal Borrower or 6orrowerk wceesmn in imercst.An for6eamnce b L.ender�n exereisin en ri ht or rcmed ahell �r!'��-'^"
<br /> 8 Y Y B Y 8 Y Ct�,+.m�:-=.
<br /> not be e weiver of or preclude thc excrcise of nny right ar rcmedy. -:'+�;:t���;.'F'��
<br /> l2. Suecason end Assign+Bound:lolnt enJ&verel 4lubilfty:Co•Slgnere. 7LC�rovenanu anJ agrcemems of ;}'.t�+,�;y:o;r.;�-
<br /> this Securit Instrument ahall bind und 6enefit the successon und acYi nt u(Lender anJ�ortower,sub' t ro the rovision� '"���-•t'���`.';
<br /> Y 8 Ja P, +:{a=�.
<br /> of Paregreph 9.6. Bortowerk mrenm�s und ngreemen�s ehuil be joint and severnl. Any Uorto�rer who casigna �his i;�+;{��'�l���;'-?__
<br /> Security Inswment bm das no�execme�he No�e: (n)u co-signing this Secumy InurumeN only ro mongage,gmnt and ��.`����;;Y;:
<br /> convey thet Bofmwer�intercst in�he Propeny under the tcmis nf�his Sceamy Ina�mmcm:161 is nnt personolly o6lismed�o ra{�,N�� � ._
<br /> pay�he sums uwmd by ihis Security In+uumene and(c)ngrces�hu�Lender und my o�her Darrower mey agrce to exiend, jy�„ � ._
<br /> moddy,forbear or mnke any ncavmmodations�ri�h rega�d�o the tenns o(Ihi+Secumy Inummem or Ihe No1e without that [h.�.;.p�?:��-
<br /> BonowcrhrnnsenL ,��7---� ;`
<br /> 13. Notices Any notice m Bonower proviJed far in this Secumy In+lrument .hnll be giren by dclivering it or by �ir �p-_
<br /> mniling it by(rst cl¢ss mail unless apPlicn6le law rcyuirc.me at anather methaf. The na�iac+hall 6e direc�ed ro tM �,���v..�,�.-_:
<br /> Propeny Addrcss or any o�her addmss 6aROwer dnignac,by wtice w Lendec Any naiice m Lender.hail M given Ay , !��'�'�.�.--
<br /> fin�cla4 mail lo Lcnder�s�ddrcxc .mlcJ hcmin or any addre.� Lcndcr Jc�ignalc+ by nalicc lo Bartowcr. Any notiae �Sh�i:f;..-a-.•
<br /> Providcd for in ihis Sccurity biummcm.ha116c Jcemcd w ha��c luen civcn�0 13nm�wct nr Lender whcn giren as pmvided °:�;:: .
<br /> m this paregraph �.%'.�"`.�-.=.
<br /> 10. Gortming Lo�v;Sererebilhy. "fhi,Stturilv Irt.lrumcnt.hall M gnrcmcJ b��fideral la�v and lhe I;�w o(Ihr ;=r�..__' _
<br /> jurisdiction in�vAich�he Pro�n� i+4x:ncJ. In�hc cecnl ilwt any prnvf.inn nr dau+e af�hf.Security In.lrument ar Ihe - - �:�
<br /> Nolt conflicLS wilh npplicahie hu�, wch conflicl.6all m+t a(fe.�nther pmri+ian.af Ihi.Securily Imwment or Ihe Nule '"�' �
<br /> which cnn be given effecl ivilhnm�he cnnllicting prm•f.inn. lA�hn end�he prmnimm�f�hi.Securily Imwmem and Ihr —�i�,}....' �
<br /> NalceredeclaredlaMk�xruhlc. .�.�..�;�_; �
<br /> IS. Darroner'e Cop�r. d��rtmvcr.hall lx gircn onc con�i.nncd anp)nf thi.S�•curiry�In.trumcnl. '?" __ _
<br /> Ib. Assignment oi ReNx. Bartan¢r nncnnJivonall��a..�gn.:md�ran.fen m LenJcr all Ihc renn and re��enuc+uf�Ac :1 " �.�
<br /> 1'raperty. Barrower��mhnme.Lender ur LenJer:�gent.m culk:t tl�e r:nh anA re.�enne.anJ herchy Jirccb each tenum o( ((�:�-..
<br /> �he I4opcny m p�y� �ht renh lu IwnJer or LcnJcri ag�•m.. Hm�c�cr.pnor��+I cndcr�nnurc�n Barra��xr n(8nrta��cri G - ' _
<br /> brcnch of any covcnmm�r agrecmrnt in thc Sttumr InNmmcnL Hnm�ecr�hall c.�Ilrc�and mrcrcc ail mnn anA rc��cnun nl '1''��_ �. -
<br /> thc Pmpeny a+iru.lcc fnr Ihc hcncfil��t LcnJCr anJ Bunu��er i'hn a..�gnmem n(rcm.ann.utme�an ab�nlmr a.��}nmcnt ��'�-.
<br /> and nol an atsignmenl tar addiUnnal�ecuri�y nnlr.
<br /> 1(Lcndcr give+nali.r of h¢ach lo Iinrtm�ce cu all rtnl.rt:cieed h� Bartm�.r diall t+n c�ld h� Brnroatt:n w,rcc � �' �.
<br /> �__�'__c. _r�__�____i� '.-. .n u�.�.::_a._.�_. .__` ...._._��.. .�. __'_.._ _`_.__6�.�. __�__.t_n�.C::�::.'�.:: �s -.
<br /> mllecl and teceive ali of Ihe ren1.n(Ihe�Pmpem:m�d tn eaah Icnam.f Ihe 1'mpcm��hall pay all rcnl.Jue anJ unpaiJ lo
<br /> Lender ar Lcndert agem nn Lc1Mer:wriltrn JcmanJ ta ihc IcnauL �;
<br /> Iiortoirer ha� nd cxecutcJ an�� pnor a•.igmnenl af ihe rem.anJ ha. noi :od �cill nn� �dnmi :ma ar� �hal wauW �
<br /> prcvem Lender(mm exerci�ing ii•righl•mder�hn Paragraph Ih. `�
<br /> LenAcr shall not bc myuirtd lo cmer upnn.IaAc annlnd of�,r maimain the Pn,perN lefort nr af�cr Fnmg noliac�d
<br /> bmach to Bortosrcr. Huxcver.Lcndcr or a juJfaall�uppnnlcJ rtccivcr mat Jn.o al an)' limc Ihcrc i.a hmaah. Am �
<br /> appliealion o(rcm<.hall nm eurcor�v�irc an)�defaul�m maa6J+�c am�nher rigM nr nmcdr of LcnJer. llu.:n•i}mm�n �
<br /> o(renls o(Ihc Pmperiy shall Icrniin.�lc��hai IBc dchl.rcuml hr Ihc ticcurin (mlrumcnl n�uiJ in full. �
<br /> i
<br /> .ryc�J.y Jrymv L
<br /> ! _• _
<br /> ��'.�,` _�.. ..
<br />
|