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<br /> �° �� (w)1 1 e f�u 1 1.L e n d c r m n y,o x c c p t w U m l t e d b y t e g u l e t i u n a I�i u e d b y I h o S e c r c t a t Y i n I h a c i i s c oi pu ymenl c1�.�NUlta. rc qafto �-�.� _ -
<br /> A�� ,•- '•+: • lmmcdiata paymene In fUl)ot utl nuuie eecured by thl�qecurity Instrumcnt tf': rv�t��� . -- -
<br /> s�=�`-'v�- (i)Bassawcr dofeulte by fnlUnfl ta pay in full any mc;atlily yAytttcilt rcqulrr.cl pY th19�ccu�lry la�ttument prlor to or un _ _- -
<br /> `�-; tlrc duo dace of chv nexe n�on�h ly��.�ynien b or -
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<br /> , - -_ (4i)E}orr�swcr ttr.£ault:►uy tuilG�p.fot a p�:ttud of Ihirly d��e�tn perfury��+�a�y Alhc�ob1l��tlans cantalncd Iti thls Stcurtty �; „� y _
<br /> � � 1«�trumant. �� _ -
<br /> +�.. (t,)Ssle Wk�ac�t Gt.�il A�nvel.l.cnder nAall�i(pctmitt�i Gy appltcable iaw an�i wi*wi!ho priur uy��uvof�f t1:,:::riary•.t�'s f t e
<br /> .,__�' - -- .. immcxl�ato p�yme�t[n NII of all tha evnty sa;utal by thie Sccurity Uuuumcnt ii: �� - - - --.- . - ,
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<br /> .-4� ...--- (i)A!!or part of tha Pro�nc�iy 1:►uthcrwisa uastsfcrred(cutu:�thnn by dcvisfl ar�4csttnt)by thr. llarrotivcr,wtd .�Q, �. � .. _
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<br /> .,,:,,5 (il)'ilx�Pro�eny la not«ccuptod by thn nurchn.acr or gmntoo es his on c�r printvty�ereee�RSldcn.v,or the purchaur or! �•f
<br /> ;-•;�� grentno doea�o no�vpy tho Prapatyr b�u hi4 ue her cn�ctil h,�.v noi t�en upQmvnJ t�wri.�ontunco with �e rq,ndnvxn;��T!th:Secrctury,
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<br /> (e)Nn�Valver.If ei�cumstances accu��hnt would pe�mit Lender ta reqairo Imm�vJlnta�;ve�e�►�in full,t�ut l.cnder due.r mit
<br /> `;_, requfcC aush payments, l.cndcr dacs not waive Us dghta with respc�t to subscquc�nt avanK.
<br /> _. � 1 f IJp Secrcta .1�man citcumstancc�rc8uluaiu��ti is.,uc�by thc.�.�rctar,:�:'i!!lirttit l.cr�!^r'e rt�h�� +n � , � •
<br /> ,.';�: .�. (d 1 i t e g a�i M n�o H ry Y � ,
<br /> '' tha case ot gayme�t dofoults,eo require immediute pnyment fn I U I)an d for�c lose i f�a t p a l d.T t o.i�S e c u r i t y l n y t r u m e n t d t t t s . ,
<br /> not auWorL�e acsclaratlon or foreclnsure ii not permitted by cegulntians�f tt►e Secretnry, • .
<br /> 10. Ret�wwt�tement. 13�orroK�cr hns a rlght ta bo rclnstated IP Lender ha� rc�uin:d Immed�ntc puymcnt in full becAUSO of ' � �'
<br /> �� F1oRawor'9 foilnre to pay c�n ar�TOUnt dua undcr thc Noto ar thls Scct�dty Instrumcnt. 'fh{s rlght npplics evcn after foreclosu�n . ._: _.
<br /> :`���'�� � procecdinua are instit�t�,si.Tu rriitst�.tc tho Sccuriry instrumenl,[iarrowc�shnll tondor in n lump sum all amaunte rcquire.�d Ia ;•, � y;. � ' ,'
<br /> • bring Banawer's ucro�:nt rtircrnt i►tcludlnA, to tho extent thoy ure o011��aUons af Barrower under thf�Sewu�izN Instrumexu, , �t••:.;•;�ti.;�;,v,_
<br /> '' -� foreclosuro casty and �esiscu��N'_e and customnry uttorney's fees nnd expensr.9 praperly assoclote�l �vitli the fo�cclosure �" : ��1;';•i•a;;;`s,;r„�;-_,
<br /> � ' praeeeding.Upon rcfastate�nent Dy tBorrawur.tMs S�ecurtty Instrume�t and thn oAfi�aUons thnt it securea sh�tiU:rouzrin�n effect ns :.; . . ;;;;;`t,,�'=�`��;;..;�•:;;::_
<br /> � � if l.cndtr had not requ3red immcdinte pnymeat in i'ull.However,I.cnder is nnt rcq�ircd to perinU rcinststement iP:(q l.enAe��he�s .� � � ��..4� , ._
<br /> accepted retnstotemcnt nRer th.e cammGnccment af Porcclasura pr�cecdings w�ttiin two Yc�rs Immedintciy prcccdinf tAc , <•' � y
<br /> commeacement of n current fuzeclos��re proceecfing, (11)reinstatement will praclude fur��ctasutc on dlfferent grounds In �hr •! • . . - •
<br /> � �• future,or(iii)ccinstatement�rill ndversely nfPect the prlo�ity oi the lien creAtcd Dy this Sccnrtly lc�strument. � �� • .�"
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<br /> � 11. BuRUwer NaA Eia�leAVZ�9; L�W'�CNI1111CC By LRItlICE NUI Y WMIYCf.�xtcnslvu vS lI1C lllllE 0�NAy111CI1I O�I110lIInCAUOt1 Q� k ' �
<br /> " amordzutlan aP tho sums secured Dy thia Sccurity Instrument grnnted by Lendcr to nny succcssor in interest of Burrawer shnll nat '--
<br /> ' operate to rcicuse the IWbility �f ehe original Borro�ver or 8orrower's successor in lnterest. Lender shall not be rcquired to . _
<br /> � commence proceedings Agalnst ao�successor in intcrest or rcfuse to extend tlme tor paymem or uthenvise madify amonirntfon , : 7'
<br /> of tho sums secured by thls Security Instrument by reason oP �ny demnnd mnde by thc odginnl Eiorruwcr or Borrawer's `
<br /> . succexsots In Intctest.Any forbe�rance by t.ender in excrclslnfl any right or rcnudy shall not be c�waivcr oi ar preclude thc �'� _� ;
<br /> exetciso ai any right c�r remcdy. •
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<br /> 1z.Suece�so�s�ad As+taa�A�aua��;Jol�t�nd Sererel WAbllityi Co•Siqnere.The cavenants a�d ugrcemems of this Security ;''
<br /> In.ztntment ehnll bind nnd bene�t the successars and nssigns of Lender ana esorro��'e�,subject io tha rroviifo�s vf�ara�rpZ s.4. — '- - ' �`�
<br /> � Bo��ao�ver's cov�nAntn and ngrcemenss shnll bc Joint and several.A�y�3orrawer who ca•sigas�his Sccuri�y Ins��ument but d�s . ,
<br /> • aai executo tha Note:(a)Is co-sigtsir�c this Security Insi�ument only to mortgu�e,grunt nnd a�n�e��that Borra�ver's intorest�a ,� �
<br /> tha PtaroriY undcr the tctms af this Sccurity Instrumcnt;(D)I!1101 NCT9t1IlAI�y Ob��8ii1Ctl!0 j1Jy tlll`511t118 ECCUI'MI by lhl5 SCCUfIt}' • ,
<br /> - _ �PSiT1�T�11t� alld (Cl il�Tlt9 lhat l.andet attQ any Olt1e� itorrawer mnY agTee w enict�t�� fliva�i�j• ivi�rin: af i:.:nv :^.'� �'--_'—"' --'�"��-
<br /> ' �ccommadntians wi�h re�a�d to 1ho term of ihis Security Insuument qr tho Nate��ithout thnt Harrowe�'s consont. � �.
<br /> • � 13.Nailata.Any notice ta�o�rawer providcd Por in this Security lnstrument sl�all be given by delivcrina it or by mailinA it by I ,
<br /> fiist clnSS mull unless appllenbte law requiros use ot uoother method.The notice shnll be directed to Uie Properry Address or nny
<br /> � athcr nddtess 8�rrower deslgnatc�by naticc to 4eadcr.Any noUce ta I.ender shell bc plvcn by first c:lass mnil ta Lcnder s add�ess �
<br /> stc►tcd herein or any address l.endcr dc.aignates by natice to Borrawer.Any notice providcd for in thia Security lnstrument shull
<br /> . ba dcemed to have bcen piven to Dorrower ar Lender wiicn piven a9 providcd in this paragraph. i
<br /> . �„. ; 11.Goveraing l.aws Severwbility,This Sceurity Instrument shall be gove�ned by Federal luw and tlie la�v of tha Jurisdictian in '
<br /> '�`'� whlch the Pro en is located.ln the e��:nt that any ptoviston or clausa of this Security lnstrument�r�he Noto caniticts with�
<br /> .:,!i:;:',.;':, P Y •
<br /> , • <<ti.,��'";`' plicable law,such confllct shnll nat af:ect othr.r provisians of thic Security lnstrutnent or thr IVvte�vhich can be given affe��t � ��
<br /> without the canflicd�ag pravision. To this end tho prnvisions of cP�is Securlty Instrumcnt and the Note nre declured to L+e f . .
<br /> .. scvcrubte. �,
<br /> ' ' 1.9.Bormwer's Copy.Botrower shall be given one conf4rmed caPy of'this Security Instrument. � ,
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<br /> ' lti.Assigamcal of Reots.Hurro�vcr unco�idltiannlly assipn�nnd iransfcts to I.endcr all ihe rcnts and revcnucs oi the Property. �
<br /> � � Rorrower autharizea Lender or Lendcr's oAcats ta callect thc rcnts and revenues nnd licreby dlrecta c:tch tcnnnt of thc Propeny
<br /> � to pay the rents to 4andcr ar Lcndc�'s agents.Ho�vcvcr,pria�to Lendc�'s nadce to Borrowcr of Harrowcr's brcach of t►ny cove- j
<br /> : nant or agreement in thc Security Instrument,Borr�+��cr shnll collcct and recci��e all rcnte und revcnucs oP�hc!'rcperty as trustce �
<br /> - �. � for tho benrflt aP Lcnder nnd Horruwer.This as�iRnmcnt ai rcnis consdtute9:►n absalute assignment and nut.ur.�ssignmcnt for ,
<br /> additional security only.
<br /> . lf Lender gives notice of'brcach to 8or�ow•e�.(a)all tents recei�•ed by 8orrawer shall be held by Dorrower av irustec for bcss�'at ; '
<br />- �� of Lendcr anly,to bc uppllcd to thc sunts securcd by thr Sccurity Ea�trument;(b)l.cndcr shall bc cn:idcd to collcct and recci+e��t �
<br /> oi'the rents oi the Propeny�;and(c)earh tenant of the Property�snall pay all rcnts due and unpaid to I.ender or 1 cndcr's agent ,
<br />-.- on Lender's written dcmand ro�he tenant. '
<br /> - Borrowe�has not oxecuted any prior¢ssignmeni of thc rzms and hus not und will not perform any act thac would prevent
<br /> l.ender Gom o�crdsing its riahts undcr this pArugmph 16.
<br />" "___`-"-' ' I.cnQer+i►atl�xd be�equired io entcr upasti,takr rontro!aE cr majntuin thc Property beforr or s?ftsr�ivine n�ticc of brcach w
<br /> Borrow•er.Ho«•ever,l.ender or n)udicially appoinied receiver muy da so at nny time there ic��breaeh.Any aprlicndan of rems
<br /> shall not cure or watve any default nr invalidatc any othcr right i�t remedy of Lender.This nsci�nment af rents of the Property
<br /> shall termina►e when the debt sccurcd by thc Scru�iiy Instrument is paid in full.
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