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<br /> _ _ . . .. . . `t .. . � , . .. .
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<br /> J £ ��c .S. ` F . << � �, � ` : . � I�• �� ' , ` �
<br /> � . - . . �, � .
<br /> . ° paya�w�s.wrl�aqe�co in�Z,��Naoe add� ���p�d� � '
<br /> : amqoaR lec�aiiod to.psy aU o��odebiedoe��r� �Y . . P!�. �
<br /> ` � 1eg�11���. . . . , , . _ . _ .
<br /> � !.I� I�md�mry aoll�ea fees aod Fbatges authoriud by`tbe Secrd�►• < < ,` . : ,
<br /> !.Ge+�ds t�Aooderatie�dbieDt. � = . .
<br /> � (y De�if. Isada mi y.� �t as Timde�i by regutafi�fiss�ted by tbe Se�te�u��r ase of Qayinmt deFadts; - - -
<br /> �m f p"I Eo�aII sams s e�fi�y�n s S Q�i t p G i s m�n t i� - -
<br /> . �aoa�edi�le -
<br /> ' �(ij'BaaoMa d ulis by f�'mB�P�Y nt fnll anY mao�lY��bi'�����. `<
<br /> . . borbntbcdaodrtecfdrec�t�aa�YP�y�t•� ' ' < ° ' �
<br /> � . (i�7 BaioMer def�its by fu"ling.for a Pawd of Maty`day�t°perfam a�a�ec obligatia�c oa�auxd in this �
<br /> �.
<br /> � �,(�)��Ap�nr+1.7.aidet�,tf pe�mit�ed g►.�PPlicable law a�d witl�the�priorapp�m►ai af'tbe
<br /> . Se�y.foq�e.�rtlb�PaYm+�in full a�fslt the 3m�s se�cm�d bythis Se�rity t�tn�et if: . �
<br /> , ` (�,� q¢���or�b�c1a1��a trmt vaa�ng a1)a'`pMt of the Pyopetty.is said o�
<br /> �[ deviseardes�eM �Le Borrowe,�,ard
<br /> , . (ii)1Le Ptupe�ty is not oa�p�iod by t6e�r ar g�airet as lus or her principsi aesideace,or tbe p�ac�sa�
<br /> • a �e does .aa oocupy t!� Fiope�tg but�lus or ha c[efi� has t� 6�en s�ppmved ja acoetd�nce.
<br /> �. . with tde requuemmts of tbe Sxaetac�r. ' •
<br /> -- (e)Ns Wiire: tf cm�as ocxar�hat wani�peimit�Lendec tu deqniR imme�»we payaaau ia�atl,�Lender .
<br /> dae�uoc sochp ajimaqs.La�dler do�s na a6aivoits riglu`s wi�h iespo�t to sab�quent evetws.
<br /> _- (i) �atHUD Sea�sr� la nany.cnw�reg�rl�d�iss�bY��Y a�71 limit I�ender's - ..
<br /> -- rigbtv� in tha�se of payn�nt defauits,. m na�ui�e immediate . ymet�t ut fuII and faccloae if not This ,
<br /> � S�cmity Ins�dqes a�t 1ntLoria acceleratron or fo�eclas�a�e�if not�ermiaed bY asgW�s of tbe�or�►-
<br /> .. (!j��t��. BOIfO�IICI i$IOd�[B�lOqb 1��11�►�11iQ1d1111�t�1C 110�C SlCIIIOd I�lC�I 110[r
<br /> � 6c etig►-ble foc i�unmoe uaaer �,e tv�a Ha�ing,4cc with;n, a .00tbs ` � ��
<br />- due hereof.l.ender�ay.at iu opdon and notwithspud"ing anyddag in Paragraph 9,mNine�nMOdiate paynnent in ,
<br /> - � �fWl of al!sums sceu�ed 6y tkis Sec�uity lacwmen� A wriva�statement of arry autNo�iud agem of the Secreury
<br />- ��� ' �soath� ' , � fram-the d�te berw�.declinin8 w_,��vue�is So�itY• - �-'
<br /> = Insuumetu and the note seciaed the�eby.shail be deemo�coaclusive proof of such inelig�'fn"lity. NotwW�g
<br /> tbe fmtguing,this optfion may nat be exer�cised by�.e�er wAea the nnavailability of insu�a�oe'is sQkly due to
<br /> ,; l.endet�s faittue to temit a mortga�t iaau�arke piemimn to the Sec�ry. . -
<br /> - �a edm�aeeme4►. socrower nas a rigM w be r�e�s�cea if I.ender nas requuea in,mod-,a�e�m�C in fnn bxause
<br />` of BorNWer�fau7une w pay m�amauzt due w�der the•Nate or this Sewrity Insd�araen�. 'I]�Ls nght appLes eve�a�ter --
<br /> fascbsurc pruceedir►gs ane mstituted. 1b iemspue the Securiry Insaa�r�tt• Bomnwer shall under in a Iwpp smn aU .
<br /> �n
<br /> - amounts nequind to bring BortnaerS�account cturent ineinding.to tbe eatent tlxy are obligations of Barowet under this � .
<br /> - Security Insuuman�tonclos�m costs and rCtsonabte and ct�stom�y aaomeYs'fas and expenses pnoperly assaciated witb , .
<br /> � �,,.. ' the foracbsune pnoceeding. Up�ieiasptea�eat by BottowcG ilsis Securi Instturt�ent and.tbe obtigatiaes that it sesures
<br /> ty rt enf
<br />� `= sb�U�in egxt as if Lenckr had not�uired immediate payment in full. However.Lender is not req�w�ennit
<br /> n;inslaurt�ent if: (�Lender has accepced remstatement after the eanmeneement af farecl�me pna�eedittgs wit6m two
<br /> , , '� .;�•.r��� ypirs immediately preoeding the canmencement of a cument forecl� proceeding, (ii) reinstau�rnectt w�l p�eclude �
<br /> ' _ :�,��`. • fooecbsure on��Gffen,mt�rounds in ttie fuwre.or(iii)reinstatcment wiU advet�ety affect the priority of tbe lien cnated by .
<br /> ,- � tt�is ty 1n.gtcumenL � _�
<br />_ ��`:,'";:x•�.• � l�l. .Borrower Not Rekaged;Forbeara�e by Lender Not s� Waiver. Eatension of the time of payment ar �--
<br /> '� ', mod.if'�on of amortizatian of the swns gecured by tbis Security tnswment granted by l.ender W any st�+oessor in interest ��:
<br /> � af Barrower shall not operate ta rtieage tFi�l;ab�lity of the ori�inal BoROwer or Borrowers successor m interest. l.ender • �—_�
<br /> shall nat be roguiad w eommence pcoceedings aga�n.�t any successor in interest or refuse w eatend time for payment ar _�--°==-
<br /> - ��,_ ' dherwise modjfy amortization of.ehe sums secured by thls Security Instnrment by r�asan of any demand made by the �.,�;.�
<br /> ; - -" • original Boimwer or Bomower's successors in intenes� Any t'orbearance by Lender in eaercis�ng any right or temedy shall �;.-�����.
<br /> - 4;' not!+e a waiver of or preclude the exercise of smy right or cerRedy. �`=` �
<br /> ' '' " 12 Saoce�a�s and Assigns Bouad;ldnt and&veral Ltabifitq-Co-Slgners. The covenantc and a�nta of ' ` .� �-
<br /> '�,.:_�.;;'. ,
<br /> - r�;__�::3�. this 5ecurity Instrume�t shall bind and benefit the successors and aisigns of L.ender a�Borrowet,subjeet to the provisions ;;,�,
<br /> � ;�;�<•�Y,;' . o�Paragraph 9.b. $oirower's wvenants and agreemenxc shall be jaint and scwcral. Any Sorrower who casign.4lhis :,,:h.,x.,:.
<br /> Pr.:
<br /> ,,. :s... . � :.1="=--
<br /> �»•- -r ' Socurity lnstrument but does aot execute th�Note: (a)is co-sigining this Security In.cuumeat anly to mortgag,e.g�nt and ,:_
<br /> �.�`,'�:,�., '
<br /> gn uu
<br /> � .T�.�:.�.r.. �carvey tdai 8orrower i�interest in the Property under the terrns of this Securily lnctmmen�Y6)is nw personaily dfligated ta s;:;��
<br /> . �r�-- = pay the sums secured by this Security Instrument;�nd(c)agrecs that Lender and any other Honower may,agr�e ta extend, �::"�_=
<br /> . �' :. .,'' . mod� .forbear or make any accommodAtiat�with re d to the terms of this Sccuri lmtrument or�he Note without that "'�.='-' -
<br /> Sar tY .c r=.:..,�.
<br /> _ .".;�.`. . Borrowersransent. . �-:"�=
<br />-:`_i ig • 13. NMioes. Any notice to Bortower provided fonEr this Security Instrument shall be given by delivering it o�by ``.•_�t•
<br /> ' �•=• •,; �' � mailing it by tirst class mail unles.s appHrabie law reyuirrs use of anu�het method. The notice shat!be directed to the - , -
<br /> �;� �••• Propetty Address or arty rnher address Harrawer designateti by notire m Lender. Any notice to Ltnder shall be g'rven by •
<br /> �• . � first clasw mail ta l.ender's add�ess st�ted hetein or any address Lcnder de�i�,mates by natice to Borrower. My notice .
<br /> '�`e^2� : . �rovIded for in this Securiiy Insuument�fiall be deemed to haYC bcen given to Borrawcr or i.citdcr when given as provid�d "
<br /> , r ,,,,� , " tn this P�S�P� .
<br /> . ;�:�ti.:.. • 14. l',oveenins Law;Seveatbility. This Security Instrumcnt r�haQ bc govcmed by Federal Jaw and the law of the
<br /> - �` ' jurisdiclion in which thz Prapet1y is lorated. In the-event that au►y pmvision at cluate uf thiy Secdrity instn�ment or the �•
<br /> �;��'��i�' Note contlicls with applirablc law.wch eonflict shal!aot afteci oihcr rovisicros c�f this Scrurity In.rtrument or the Nate -
<br /> ' �""�-',`�'_:-' whlch can 6e given effect.witfaut the canf]ictin�pravision. To thi�en��ho provisiony of this Sec�lrity Instrament mnd the
<br /> � Note are declared to br sevrrablc. ---. .
<br /> '� � , 1S. Borf�t►wt�'s Copy. Borrower r.hall be�given one canfcrmied enpy of tfiis$erurity Instrumeni. '
<br /> 16. A�i�emeM of ltenta.goirower uncandltionally assign!►,mtd transfcr�►u►Lender all thc rcn�w and revenues of thc
<br />- - _ `PrapeRy. Barrower authadi,es Lender ar Lcndcr's•Agcnts to cc+llert thc rcnts and revenues n�i hereby direccc each ten:�nt of . �
<br /> the Property to pay the rents in LCnnder or�Lcrtdrri�ngents. However.prior to Lender;�ndice to Borrower of gorrnwert -._
<br /> brq�ch of nny arveaant or agreemert in the Securliy inctrumem.Horrawer sha11 coltect artd�eive uli ren�v vnd revenues af �
<br /> ihc ptoperty a4 trustce for the bencfit of l.ender and Bmmwer. Thi�a�aignmenf af renta�vmstitutes an absalute asstgnrt�ent . .
<br /> - . t�nd nW an assignmcnt for additionA)rxcudty oniy. � . . �.-
<br /> _ ' if l.ender glves nodce.of brearh tn 8onower la)vil reotv received 1�y 8arrower shall be hetd by Borwwer av trustee _ .
<br /> -_ for�bdufit of l,.eadcr un1y.t�b�e appiicd to the sumc scrured by the Sec�uiry lnstrumcnr tb)txndrr shsU be entitled to
<br /> -- edlecl and receivc atlt aF thc tent<nf Ihe Propctey;smd{�)cuch tenant�f!he t'roperty stw11 p��y aIl rentg due and uapaid to �
<br /> -� • 1,endet�or Lender�agent an�'s wHtten derr�nd to the tenant. � ,
<br /> Iiorrowerfia9 not cxccutrd s�nr prior stisi�nment nf thc remv und huv nat and wi11 nos pertorm m�y art�hut wc,utd
<br /> ;•� prevent l.et�dcr frota exercisi its rights under thi.a Pnrngrnph 16. . '
<br /> - Lendet shall not be t�u�rCd•tn enter upon,talec cndtml of nr t�wimain the Pruperty bef4re or nfrec g'rving nritice of . ,
<br /> �''-�.�_._...--..---._e... b�sach to Harrawer. HQwaver.l.ender�n a judirl:�t3y appqlmcd rcccirer rn�y do w nt uay time thr�e is v bresch. My .
<br /> . _ . � �ppti�Atto1�af�ems al�tit twt cme arw�ive mry°defaafrormvatidatemip oti�erlight orn�md�r of'�s.�Ecr. ?fiis ass�u»�if � -
<br /> :; ' , a!rents of the Ptapetty shall temdnnte when the dcb�r.cruretl by ti�5crurity ln�trument ix pa�d in fuli. � � k ,
<br />_-�;,. � ' ' � � .
<br /> - � , . • ' �W¢e3��j4pnQ��! � ". ,.
<br />
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