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<br /> 9.Gronnd�to�Areskrnrion ot Uab�. `�__�____ -
<br />�, . . . • ° (�)ITi�MYU.LGIAC�IiIAY�C1tCCnt p!(IOIIItQ Oy iCRUIHlI0l1�I!lUCI�IIy(Il0 SCSttIRry I11(IIO Ci1l0 p�ppYlltCtli llC�ll�llls,rcquiro : . i— —"_
<br /> . . _ . ImnieQiate paymcnt In IUII oP ail eucro secured by thlw Sccurily Inu�tumsnl If: • _ ��_-_-
<br /> (i)Oorrowcr dcfnulta by PMling tn nny In Il�li any manihly paymaAt rcqulrcd by 1h1�Sc�iuity U�auununt prlur ta���o►� :.�,_,�..°_°___
<br /> " tho duo aatu ot lha ncat manthiy pnymcnt.ar - -
<br /> - � (it)8arto�ree dcfa�tts by fsi8ng.fur c+�tit►cl�f Ittkty day�,to�utfc�r�E�any nthcr uhU�a�lpt�+�unt�lncd In thtv�ca�u{ty . - _ _- -
<br /> instn�mrnt, �
<br /> - '' (b):�;0 Y.'1i:,�'»s Lt�ii�a}�u:r l�L:��=€�y.�a�t t=:�--m'.�W�'j�r'.�:...l.:.:�.,!r.�N.�t t ti t K M 7 p;+�••�w���Y�h�.cir n ve►y,rc quim r- - - -- .-
<br /> . ' Immailato paym�nt in Qdl of nll tho sunu eccurcd�►this Sccu�lty tnun�nxiit It; ' „ ' ,
<br /> -`.-- '; (i)All or paA of tha Propcny i�uthcrwisa trAnafcmd(cKhcr than by�lcvix�ur Je!�s.�l�� t )tlnrmwcr,ntxi -
<br /> , . (li)Tho Propcay Is not�xcuplecl by�ho purchnsc.r or erentco n�INe��n c�r p�i�iu�ry 1�n�l�Nri�`asidcnca,ur tho pnrchnscr�� ' ' -
<br /> . ' . ._:`.. grunteo�Y�cs su occupy ttw Propetry bu't h1a nr Itir c�alh hu9 rrot bc�en ePpn►vcJ In x��rnnfano�41�h l m�ulrcnxuts of tho Sccs�tttC�+. • . , -
<br /> � (c)fJo Wdver.if circumstonccs occur thal would permlt t.cndcr tu tcqulrc Immedlntc pnymcnl in full,but Lcndcr dacs nut � '
<br /> ,:�,�,. •,�''�?, requlre euch paymenta,l.endcr docs nat wuiva ite righte with res{�ect to eubaccpient cvcmn, ' �
<br />-.�::I11 0� � 4.1 � � .. . e n nn 1 t1 � P� � PP P lV � •
<br />-.�,�:,,;� --- � O R�d�i{wlji)ui Of I��1D.�...r.t.�. !n many clrcum.t,.nces r..,�l..lione 1_eu_.i!y lhc S..r.tn�y ill lhni�I.cndcr e rlghis.(n ., .. � ,. .. . --
<br /> ,'s�� �� �•,; tho cnse oP�ayment dcfeult.+,ta rcqulro immcdiata paymcm lo fuU and forcclnsa if not►�ald.7'hl�Sceurlty Inslrumcnt dacs � .
<br /> � . ::.�'�•.:: nnt nuthorixo nccelemtlan ar foteelaau�e If nat permitted by regulallun�ot Iho Secretnry.
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<br /> 1Q. Rel�t�lemeol, aorrawe� hns a Nght to be reMstateA if i.ender h�9 requircd Inunedlnro pnyn�cnt In Gdl hecause af
<br /> �r:;�i:.. ' : aarrowcr'e falluca to pny nn amaunt duo undcr tha Natc ar Ihla 5ccurily I�atrumcnt, '1'hl+rlgh�npplic+cvcn�ihcr foreclosurc . � ,
<br /> ','<'`>'�' praccedinas are InsUtutcd.To rcinstato tho Securpy Insttumen�, Borrower shnU tcndcr in n lump eum nll amuunts rcyuircd to � ,,.'�
<br /> -;,..;,.,a>: E ,;.. . :.,�;
<br /> ;•��;.,,;' hring Uortowcr's nccount currcnt inclucling. to the cxtcnt thoy nro obllgatlons��f Rot�mvcr unctcr �hlr 1ccu�lly Inatrumcm� S`,`, �,,., ,. •
<br /> '���:' • farcclasura costs and reasanablo and customary ottomuy's PCC9 and oapensen ptapc�ly n+sUClatcd �vUh Ihe tnrrclosurc , ; ,
<br /> '��� procceding.Upon reinstatcment by Batroacr.this Sccu�lty In9tn�ment�nd tha abllgadans thu�i1 accurc+Fhnll remal�In cffe�t as �r " . ,
<br /> • �''' if Londcr had not:cquired immediato puyment In tuU.Howcvcr,Lcnder la oat�cqulrcd ta pctmh teU�sliucinent If;(il I.cudcr hn.9 _"•
<br />, ,�:�,,,; ,,. � 'fij��;;' necepted r�instatemant nfter tho commencement af foreclasuro proceedings ivl�hin iwo yearw linmedlntely precccling Ihe '�. • __
<br /> ;•.;,� :�,' commenccmcnt oP n current farcclosure proccediog, (il) relnstntemcnl wlll preclude fareclosure ur� cll�fcre��t �rounds fn the ; �, .
<br /> `�.'i::'.`�• � Puturo,or(Ili)�einstatement�vill edvc�sely affcct thc prlority af tho licn crcnted by thls Sccurl�y Ins�rumem.
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<br /> t' 11.Doracrcr Nat E3c1.-assdt For6ao�ace Dy I.ende►Not a Wolver. axtension aP the dme ol'pnymcnt a�� mi��llflr.nAon ai
<br /> �f,:.. �
<br /> • nmorilzuUon oP the eums secured by this Securlty Inatrument g�nnted by l.ender ta nny succes.ror In Interest��f N��rrowar qhall aot � ;�, , .
<br /> aporato to rcicnse tho Ilabllity oP tho ariginnl Borrawcr o�Qoerowcr's succcssor In intaro�t. Lcaticr sholl n�t hc rrq�ilrcd Ia �;r• ti��: ; -
<br /> �.,.. : cornmence procecdings agninst any successo�in interest or roPuse to extend tlme far puyment��r otherwlae mcxllfy c�n�aelltnUon ��1
<br /> ;;,t,� of the aums sccurcd by thls Secu�ity Instrument by rcnson oi any domnnd mnde by thc originul Hc�rmwcr��r Ilarrower's '.�'�°,;,,;' #
<br /> ° succcssora In interest. Any forbcurance by Lcnder In cxcrclaing nny right or temcdy shall na1 ho u wiilvcr af��r prccludc the �� " ` ,
<br /> ��
<br />� ��� oxercico aP any rlght or remedy. �
<br /> _-__- _,- ._._ �.g„�,����,���„�ea��o�n�ana severull.lohW�y�Ca•91Yae�x.The covenan�e and u�rccmemy uf�hl+�c:urlty � . i
<br /> ' Instrument shuU bind uud benefit thc succcssars nnd as.9lg�s af Lcndcr and Barrawc�,subJecl W thc provlaonr ot pnrag�nph�,b. -`—'' - -` — �
<br /> ���"�' Borro�vsr's covenants and Agreements shnll 6e Jolnt nnd seve�t►!.Any BurroweT wh��rn-rl�ns this Sccurily Intilrumenl hut daea I �
<br /> � �� • not executa the Note:(a)is co-si�ning�his Securlty Insuument only ta mortangc,graat nn�l rnnvcy Ihn1 Ilorrawcr'n Inlcrest in
<br /> ' •� ��,�p��NTrv undnr�hc ierms of this Security Instrument;(b1 is nut pereanallY ab88atcd to pny Ihe swns securrd hy ihl�9ccuri�y � � '
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<br /> .-_ .... _- _ �.............».L.--- . �
<br /> -- lnatrumcnt; und (c) agrces that Lendcr nnd ony �th�r eorrower map agroe ta extcnd, moauy, i�rb�nr �r ma�c ���r �------;�, E_
<br /> nccommadndons with regard to the tc�m�P this Security lnsuument or the Nate wltNout that Ilarrower'n canseul. �
<br /> j �i„ ,'. .
<br /> 13,NoHces.Any notice to Borrower providcd far In iMs Sccurity Insuumcnl sh�ll be given by dclivcring It nr by nu�lUn�il hY i , ,
<br /> flist class mttil utticss eprylicable luw rcqulres usc��P ano�hcr method,Thc naUcc shnll bc dlrccicd to 1t�c Nmperty Addre�v ur�ny �
<br /> ' other address Oor�ower designaces by notice to Lcndcr.Any uotice to Lcnde�shull Ge givcn by Clrst clnv�mn►11u I.endcr'�nddre�r
<br /> stut�d herein or any addres9 Lender designates by notice ta Harrowcr.Any nadce providcd far in tldy ticcurllY Inilrumetn�Ittdl
<br /> ba deemed to have becn given to Bo�rowcr ar l.endcr when siven as provlcicd in tMs pnrngrE►ph. ;
<br /> � 14.Gavxm(ng I.Aw;9overwblllly.This Sccurity InSt�ument shull bc gavcrncd by Tcdcrul ia►w nnd�he Inw ui�ho Jurl�dlcUun U�
<br /> � whlch�he Prvye�ty is located,In the event that nny ptavlsian ar clause af�hts Securlty Inslrument or Ihe Nina�unlUcln�vlth up• .
<br /> ��i•;;, pllct�blo law,suzh canilict shAll nat ePPcct other provislons oP�his Sccurity lnstrumcnt or thc Natc whlch rr�n hc Ivco cffcct
<br /> � without the eonflicting provlsian, To this end the provisions af this Security Instrumcnt m�d thc Nata nru dcr�nred to bo
<br /> • sevcrable,
<br /> � • 19.Barrawcr's Copy.Barrawcr shaU bc given onc conParmed capy af thia Sccurlty Instrumcnt. ; �,a�: �
<br /> .
<br /> � _ 16.AS9IgAlA@I]10I R0019.Horrowcr unconditianally nssisns and uaasfcrs to I-endcr ull thc rcnts und rovcnucr oi 1hc Nn+perty. . ''
<br />;;.;;,.y;, ' Harro�vcr auth�rizes Lander or L,cnder's agents ta collcct the rems and revenuc9 nnd Nerchy dlrccts cach tcnnm i+i'Ilw Ptuperly �
<br /> . to poy the rents to Londer or l.cndePs ngcnts.Howcver,priar Ia l.endcr's noticc to Uorrawc�i�(Ho�rowc�'e hrci�cU uf nnY cove•
<br /> � n�nl ar�greement in the Securiiy lnstrument,Horrowcr shall coQect and recelve nll ren�s nnd revcnucr uf thc Proprny u�trutitro
<br /> for tha benofit oi l.ender und Horrowcr.This asslgnmcnt��f rcnts congNlutes nn nbsulutc nssianmcnt�u�d nm t�n utitilgnmciu far ,
<br /> • additianAl sccurity only.
<br /> Ii I.ender gives notice of breach ta Borrrnver:(u)all rents recelved by Eorrower shall bc licld hy kli�rruwcr ns�rurtce(ur I�ciieli!
<br /> of 4ende�only,to be appUcd ta the sums secured by the Security Instrumcnt;(bl l.cndcr tihttQ he enlilled tu rnUcct und tr«i�u nll
<br /> �i'the renta oi the Property;and�c)each tenont af the Praperty shall puy all rentv due nnd wipaid lo I.endcr ur I.�ndce'�nHenl
<br /> an l.ender's wriUcn dcmand to thc tenant.
<br /> Borrawer has not executed�ny prior assigiunent oP ihe rents and has not und�vill not perf��rm anY uci Iluu�vuuld prrvcnt
<br /> � . � Lender from exerctsing its rights undcr this pnrag�aph 16.
<br /> � " Lendar shnil not be required to enter upon,cake romroi of or muinlui��t t�a i'ropeny he(cxr ur afirr kiein};:u�tic:vf l�re��els►::
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