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<br /> ` ` paymwts,wbic6 ue nCe�red w m P�u�graph��o�dnnae the amamt af sne�pnymeris- An,Y��P�a"'�� ' , �
<br /> Y -amoa�roc�utrd to Qty all'o�nd*i8 indebR dxss nnde�the Nota and this Senuity I�tn�at aMU be p�to t6e a�tity
<br /> . .�� ���Lm.�dermuy�colka fas�nd cfiarges authaizod by the Secreqry. < < � ' ' � � � .
<br /> � !Groodsfir AooderMio�t etDeb� ' � � the case of defautts. ,
<br /> , ' (y Dda� }mtder may,eYOe�Cas limmed b�1 regnlati�dS issued bY tt�c Sa�etat3►�u P�Y� �
<br /> --- �` . ` - r�,� i�€a!t t�f�lls�s secmM!►Y tti�SoaritY Inspcum�t i� . _ :
<br /> . (�?Boaoa�er�e�by.f�7ing to pry ia fatl.ar►Y�Y P�l�t�I�bY�_��Y�P� _
<br /> � ` to or on t6e due d�te of tQe next mont�ly pay�.ar .. ` .
<br /> ` ` . � • (i�8a�mwa de�uIt4liy�7ingt for a period of durty days,.to perfmm�y�atiiaer a6Tigstiaos contained��is
<br /> tnct�y,.�.�.��
<br /> -_ ` � . c �bj S�i��Cr�it Ap�eamal.ta�r s1�1�,if txr�iu�l bj+applicabk law aae witlz t6cpdar appcwat oid�e �
<br /> • . �Se�►;nquen immedi�te PsYmait ia fnll of aII d�e sm�s sec�ned by Bus Sa��riry tasuutneot i� ,
<br /> � (i)Ait cr put of tha Aoperty.or a b�e�al i�u in s trnst owniag all or p�t of tde P�ope�ty.is sdd or
<br /> - ad�etvvise uaasf"ared(otdet thm�6ry�devi.se�desct�)IsY d�c iiormwer,a�od . .
<br /> - - � < � �)TJ�PtoQaty is nat occupied by tbe p�mctm.ger or graptee as his ur her�cipat te.�.or the p�nclraser t '
<br /> -- � . . Qr graaox does so occuQy the.Pi+npeity hnt his or her cred'F� �s not ba� aPP�n'ed in aoco� _
<br /> �,� � � w,N►the reqnic�emmts�of d�e SeccdAty. � _ •
<br /> :__ � (c}No Wit�er•�If c�es acxtu that vaould pem�c I.tnder ro requite immodiatie�ayment in fulb 6ot Irader . .
<br /> '..,� doa aot roqnhe such ts.I..e'nder does aot waive its rigMs whh respoct w sabsoquent events. � �
<br />_``� � (a)]�yWi�q dH�D�S�c�ed�rg,la maay cmvmst�ces zegulatlons icsoed by tbe 9�rretary w�l limit l.eider5s
<br /> - - �rigbis.ia t6e mse of payment defAUlta.w t�ire unrurdiate t in fuli aad fo�eciose`if not�7'lus
<br /> - � Sxu�ity la�vmeat does n��a�celer�can or for+ccicrsuze' nat Pum��ed bY�g�ar�s of�he
<br /> � . (e)lY�oet�e 1Wit Lasaried. Barawer ag�ees tirat sbout�th;s S�ciaity�a�d t6e note ser.�ced ttror�eby not .
<br /> ° � be eligble for inwrAntx utder she Natianal Ha�ing Act witdin ��` .
<br /> - ' Aue beno�L,enda may.at its opdan and nocN►ith�odiag anything in P�a�apb 9.ioquine m�diau WYmen�in
<br />_ fWl of all sums socuiod b��Dti�a " Insoniment. A wriuen statement of any m�orized agem af d�e Seec�ry:
<br />:. , .
<br />. ;: ' . ' � - ----- dated subsequeat to fmm the da0e lut�of.daainin to insate this Se�tuity
<br /> S
<br />. - -'�=,-::. lnstrarrieat a�!the note sx�iied thaeby,shaH be deemed conclusive pruof of suctt ineligi6il'�ty. Notwithstaading . _.
<br /> � " �``: �:`. the fimgoing.this option may not be exenci.4ed by I.ender wben the unavailab�ity of insuia�x:e is solely due to
<br /> S L",�'_,t
<br /> ' �.-,��r t-.r�:�,a. 1.CtIdCr�B f8��I1fC IO iClllt�8 AIOI[$8$8$7StQ8ilCC Ql�t11tWI1 W 1bC�:18f�/•
<br /> '�»�:�'i�-�:-. .�- la $d�httnkat. Bomuwet has a ngM w be re�nstated if I,rnder has required immediate payment in full 6ecause �
<br />- :a'»�:;�:�-=_,*=--,' of Borrowet�failure to pay an amooat due under d�e•Notc or lhis 5ecuaty IA�. lbis nght ap�ties eveo atYe� '
<br /> - � �'•'r .i. foroclosuc+e proceedings aoe iastimted. To reins[ate the Security In.gaumeru, Borrower shall tender m a Mmp sum att
<br />: x. .,�r. �noaaa nquired tobring Bonower�s xcowu cwrem includag.w d�e exrem d�ey are obligarions of Aorrower under this�
<br /> . �. ;�;. . Securiiy L�suumenA foreclosuce cosu ar�d reasonable and•cus�omary aaaraeys'fees and eaP�P�!aP�?�Y assaciated with
<br />- . ��,�'.�:'. ' die fontlosure proaediag. Upon n:ais�temwtby Bo�mwer.tbis Security Tnswment and tbe oblzgaums t6u it secu�es
<br /> ` :- ;,.�:.�- :, _. .�; shalf aeeraain in efYec[as i�i.ender dM�d not rec�uined immediate paymmc in fu1L Hm�n.wer,l.er,der is not requised w�ermit
<br /> ra �
<br /> ��,.:�.,"�`_,':;:� ; �;. rei�tement it ti)Lender has aocepted reuutatement after the Gnrnrn�xrtarnt of foreclosun pro�edings withm two
<br /> ei
<br /> -• 3 .•• years immediateely pe�ceding the c�noeraent of a curnm foreclosure pra�ng, (ii) n:instacemeru wDI preclude �
<br /> _�. . , .. .' fo�closane on dit�'ereM grounds in the futuce,or(in?reinstate�nent wlil adversety affoct the prioriry of ihe lien cnaeed by
<br /> �^� � ihia Secariry Instramen�
<br /> `'�`"' � 11. Borrovrer Not Rekased; Forbearance by Leader NM a Wpiver. Exten.�ian of tbe time of pa�rment or
<br /> ;� =+-. ' ' ��_ modifuatian of amortization of the sums secured by this Security Inswment granted by Lender to any sucxessor m interest
<br /> -- ' r�"' � of Soccowet shall not operate to cclea�e the liability of the origiaal Hotrowcr or Borrower�success6r in interes� l,ender
<br />`:` ` -� V shall not bersquirat to commence u�gs against any successor in interest or refuse w exund time for payment or
<br /> <�;;,;r;=: .•. r:�:; -
<br /> �, � . oNiervvise�odify amortization of snms sea.vred by this Security Inswmcnt by r+eason of any dem�nd a�ade by tbe
<br /> _ ti' '
<br /> ���`�?:r� : .� originai Banower oc Bortuwer's succes.sors in inteie�R My forbearance by l,ender in e�cet+cising amr�iglit or remedy shall _
<br /> ` -�- = ..� not be a craiver of or pceclude the esercise of aay right or iemedy. . =
<br /> � �� _ .;�.';: 12 Saaoessora and A�s Baued;ldnt and Seve�Al Linbility;Ca5lgnera The covenants and agreemenu of �
<br /> °'S',�'.' _ d�is 5ecarity lnswment shal!bind and benefit the�wccessor:4 aad assigns of Lender and Borrower.subject w d�e pravislons E '
<br /> _ . •,._°�-x� - . . of Paragraph 9.b. Hortower's covcnants and agrecmen�s shafl be joint and several. Any Harn►wer who co-slgns� .
<br /> '•�i�'`� ' Securiry Instrument but does not execute the Note: (a),is co-signing this Securiry lasttument only to mortgage.gran -
<br /> �'�'#�-' -',. • carvey that Botrower c interest in thc Propt.�tty under 1he tetms of this Secnrity ln.gttumen�(b)is nat petsonally obligated to r
<br /> `.:�'� . the swns secared by this Securit lnstrument:and(c)agreeg that l.ender and any other Horrowet may agree w extend =
<br /> `��:��` PaY, Y
<br /> � ,, �' � mod�fj►.forbear or make any accommadations witt�regard t�the termti of thn Security lnstnanent or thc Note witho�t that
<br /> • ". -�- Bortower's conscnt. .
<br /> �'.' .j=': � ": ' l3: Notioes. Any notice to Borrower provided far in this Security Instrument sha11 be given�y delivering it ar by
<br /> __ • mailing it�yr first clati.w mail unlcsc applicabte law requires ase of another method. The notice sha�l be dinected to the
<br /> 4 _` . Pmperty Addr�ess or any other address Bonower des�gnates by notice to Lender. Any notice to Lender shall be given Isy
<br /> F -- - , first class mail to l.enderi:addr�es.q stated herein or any addrc�.�Lender dcsignates by notice m Bomower. My notice
<br /> '• � :�4"'" • �`' pcovided for in this Security lactrument shall be deemed to fiave bcen given to Borrower or Lertder when given as provided
<br /> '� � 5�,�::' ., in diis paragraph. . .
<br /> _ .�;...;- � 14. Goventins L�v;5everabiUty Tftis Sccerity lnstrumen!ahaQ be govemed by Federal kta and tha law of tlte
<br /> = z =�' ` ,�`�� jurisdicdonin which the Property iy'lacnted. In the event that any provi�iQrt or clause of fhis Security lnstrument or the
<br />— '"�� • ' Nate conflicts withapplicabfe law,such confiict�hall not nffect otherproviyions of this Security Instrument or the Note
<br /> ,,;�. ,.
<br /> a .�. � , which can 6e given effect without the rnnflicting provision. To this entl the proviuon��i'this S�urity Instrume�f m�d the [
<br /> _ ..,'�:� ' Notc are declam�l to be severable. l
<br /> . ��':. ..,.i,� 1S. Boreuwer's y. Borrower shall be given bne canformed copy of this Sec�rity lnsuument. �
<br /> -''' '� ` • 16. As61�11a�ent dYtel�ts. Bvtruwer unconditIonally Qssigns artd tronsfery to Lender all the rent�and�venues of the
<br /> . ' ;;:�:�:��:�t: .. .,.
<br /> _ ���''�'=�. '` .Property. Horm�wer aulhorizes Lender or Lender's agentg to collect the nmic aad revenues su�d hereby dimcta each teimnt of
<br /> - . ...... _.�:,
<br /> _ "r=:� �.;�-� the Froperty'to pay tha rents to Lender or Ler�der's agents. However.prior to Lender's natire to Barrawer of Bon�nwer's
<br /> M 1.•�.s� � Mn�eb of an}r covenant or agrecment in the Security Inxtn�men�,Borrower shup collect and roceive all renu and nwennes of
<br /> � -- — d�e Property as trasax forthe bene�it of Lender and Borrower. 'I1�iy assig�mient of irents canstitwtes an absoture�ssignmeet �
<br /> --• and not m assignment for additional security onty.� � �
<br /> — .,•.K � . V l.ender gives no�:�•e of bmach to Barower: (a)alt rents r+eceived by Bormwei sAalt be hefd by 8otmwer as Wstee �
<br /> --'�'�` �� for benefit o!l.ender only.ta be.�pp,�ed to th� sums s��ur.�S by the Scc " Mstnunent:tW Lcndcr shall.bc entitted to
<br /> �. ���; coUact nnd racelve all ot the n�nts of We Ptoper�y:and(c)earh tenant of tlre�rty shell p�Y all rcnts due and unpaW to
<br /> : . *'`�� t,ender tK Ltadeth agcnt un Lender's vvritten demartd w ihe te�nt. � {
<br /> --.f}, � ' Bomower has not executa!any prior assi�r�ent of the ients and�has aat and wi11 nat perfarm mry act that would
<br /> , ; pcevent L�ender frvm exercisleg ita dahts wder this�uagraph 16. � �
<br /> . l.ender sha11 not be e�eqniied m cntec upon.takc caatml ot or�i�n tbe Ptoperly befine or after giving notice at �
<br /> rr . ..
<br /> brach to Bormwer. Howevei.�.ender er a judeclally appolnted receiver may do so at m�y time there is a bnwch. Any �
<br /> _ �. d hms shall not cune ar tsralve an�yddaul�pr itiv�ate anY�tder*i8h!ur rem� of Lrade�. 'Ihls assigamaru_. . _ �
<br /> -.. _
<br /> . ... o!eems cf ttie Ptapeity shali termitKmte wfiKn the de6t securn!6y tbe Securlry Ia§ai�inent is pa�d'in fulf. . . - �
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