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<br /> - , p�t.N�1�=C!Ej'E1hOd[Q i� 2.0��16C/Id01/IE Oj WC�1 Pi�ll�f y ���_� �t''1.�
<br /> - _ ��..,..;.rA Lp��p�jpj�Wld![f�IC KWC 11'M�1�.�1.`III�/Y�Iq�1Ml�i!��bG Q�.��IC.E�Ljt ,r
<br /> •�mf�tl0d dldelD . � ' . .;`�,:.':��
<br /> Fb�.�l.e�n�Y�ftes�ad etur�s autlw�iud by tbe�ecretaty. . :,;';�r�,'_
<br /> . !•��� ����y��s�d by the Se�e�y J»the case of paymeat de6ults. �;'`='':;sf�'�
<br /> }��� in full c€aii w�s�ecu[�eQ.bY tbis Secunty I�t�ument if . .,. _
<br /> � 1�E^��Q1� _5.:::^.'-v{�r�;
<br /> _ .._ __ - - �}Banowadefwla�Y fa�int ta pig:Lt�elt�ar�+n�httY P�Yma�[aequi�ed b!►lhia Securit7►.I�,p�. -,}�`;=::;'..,'�:
<br /> w a mtlie due d�te of tbe�t moot6lY P�Y��a =:��%;�
<br /> ' rv��6y.�ailing.fbr a pe�iaa of�hiny asys,w pecr«m smy aher obti�atians canr.i�ea:�a th;s i`:
<br /> ' (�l S�e�o d C�e d i t A r p r o r�l. I�e n d e r a h a l l.I f p e r m i u e d e y a p p l i c a b k l aw and wilb the p r i o r a p p oval of We . �-;�3.`•�
<br /> �`' ' SaleeKy.��P��ia full af slftde:um�Recu�ed by tl�is Sc+�uity Irnauateat if: ``
<br /> � � - •` t�?M or pat oi 8ie ty.or s beneficist_i�Netest in a tnt�awnie�al!ar pQt of tht Pyoperty,is aoid ar _ ,
<br /> _ ' adje:wise uaa�eried(�odkr tban by devise tx descent�bY tbe Baruwa,�nd '�
<br /> -- � ��.: �(it"�TAe Pbapeccy is not oceupied bY tbe P�6�er°.�ps�a as 6[s a h a r p r i n c l p d m W e n c e.a the p o r�a s e r _
<br /> ' � '�"�� bat lus a bec ctoAit hu not been �ppmve4 ir► accaNanca
<br /> . �: ' � .��gu►te� does so occnpF th� �°'P�Y
<br /> , ._ �vii�:tbe.�ofthe SocRtary. � in fuIt,but ixader
<br /> . : .(e�11Ti�:ffci�mrndnoes occur d�t wouid paa�it Lendet to toqu���PiY�
<br /> � -. �;slaes��'n��suc6pymen l.mder does not waive�ss�gh[s rvith nes�a.K w subiequent evrnts. ` .,
<br /> (i) d HiJD �Secretir� In many circ�mstan�xs regutatlons�ssaod by the SecRtar9 wiil linnt�.aidaris
<br /> rig�,.:u��d�case of psyment defwNs.to mc�uire Lnnxdiate p�y�nt in fuil�u�d faeclae if tat '[bis '.
<br /> Secar,"�e 3asn�does not awhorize�axktuwn or fo�eclasune�nat permitted by tegut�tiaas of t6e.�d r.
<br /> '�::
<br /> (e}�tiK�Nd la�nd. Bor�uwer agaeG+that sTauld tbis Security Instn�rtxnt anct�de note securcd�� =
<br /> � 6��ug►'ble far iaw�noe undet the Napon�a HauinB Act vr�ttiin 8 I�ont hs
<br /> ' �•.d�e��.endermay.at its aptiar��nnd nonvithstandiag aayddn8 in P�ra�sph 9 aquire Immedi�ie PsY�!�.� -
<br /> fuli t�ali:snms sccu�rd by this Socurity Insuumen� A written staun�ent of any auitlia�ized a�ent af the Se�netH► �
<br /> � . dated sybRequent tu B I�otlths �from the date l�enaf.declining to insune this 5ecudty
<br /> ���note secored thenehy�si�a116e damed conclusive proof af such ineligibiliry. Natwith.4W�ding ` --
<br /> the foregoing,t61s optioa may not be exes�clsed by�Lender when the unavailability of insurance is sokty"due w
<br />-= Lendes�faz�uie ta remit a mottgagc inswance premtum to the Socnetary.• .
<br /> .� i�. �e�f. Bomower has a rigM to be r�eiastatod if Lendcr hns r�equired immediate paymem in fuU bocaus�
<br /> of Bomnwer's failuct tas'pay an a�naunt dua�u�der the•Note ar this Sxuety (nstnunen� This r�ght applies overt after
<br /> _- fococlasune p�cet�ags are�insatuted. '[b ainstate t h e S e curity Instcumrn�B�rower shall under in a lump sum al!
<br />_ �mounts s�quisxd to bimg Boirowa's.accarnt cuReat including.to the oatent Ihey are abligatians of Horrower w�der tt�is
<br />= gecurity I�►.foieclasare eosis and n�asonable and customuy aaacrseys'fees and eapenses propertY as�ociaud with
<br /> --- the fo�sck�su�c €Tpon reinstatement hy Borrower,this Secucity Insuument and the obtlguions thst it sxures
<br />.-- ahall t�em�ii�ia eff�i.e�sder�ad nat�uired imrr�ate WYment In full. However.Lender Is not�squitied W pe�mil
<br /> teinsta�ec�t i� (�Leiides lias accePted ieuuratement after thc commeeiccmcnt af forcctoss�re proceedings wfthin two
<br />=- ' yea�s�unediauip pc+xectiag the crnsnneacement of a cuaent foreclosure proceoding. (ii) reinstatert�eat will prcclude
<br />° fonclos���QO d�ferent gsoynds in the fut�re.or(iii)reinstatement will adversely affect the prionty of the lien crsoted by
<br /> . this Secariry Itts�en�
<br /> 11,. �rawer Not RekASed; Focbwrance by Lender NM A Waiver. Eatensian of tht fm�e of paymenl or
<br /> ' modification of amortizatian of the sums secured by this Security Instrument granted by Lender to any successar ln Interest
<br /> of Borrower shall not opernte to release the liability of the original Bortower or Hortower's successor m inures� Lender
<br />-' shall not be rec�uued ta co�snence procetdings agamst any successor in interest or refuse co eatend time for pa ment ar
<br />- atherwise modify amost�ation of the sums secured b�►this Secarity Instrument by reason of any demand �bY the
<br />-_ original Borrnwer or Borrower's succes,wrs in interest. Any forbeatance by Lender in eaercising any right ot remedy shAll
<br /> = not be a wa'iver of or preclude the eaercise of any d8ht ar remedY.
<br /> - 1Z. Saccessors and Asgigas Bouad;Jdat�ad Severnll.tabNty;Co-Sigoe►s. 'ilie covenants and ag�emcnts af
<br /> . this Security Insuumen!shall bind and benefit the successo�s aad assigns af Lcnder and Borrower.subjece to the pmvisions
<br /> ,.'-' of Parag�aph 9.b. Barrower's wvenants and agrecmes�is shatl 6e joint sind sevetal. Any Borrower who coa�ign.t� _
<br /> Securlty 1r�s�ument but does nat execute the Note: (a)is casigning ihia Secudty lnstnrment anly to mo�tgage.grn
<br /> . `� convey tl�at�a?YOwei s mterest in the Yrapetty under the terms af this Security instrumen�(b)is no�persc�natty obl igated ta
<br />'":;� psy the s�in�secutrd by this Security tnstrumem:and tc)agees that l.ender and any ott�er 8�rrawer may agt�ee tU extcn0.
<br /> -= modffy,fprbeat ar�naic�aay accpmmodasions wlth rcgard to the terms of this Security Inswment or the Natc wlthout that
<br /> Y'� $UtJOWCl$GOtlSC9II. • '
<br />;�,_' . . I3,.yotioes: Any notice to Bdrrower providcd for 9n this Security Instrument sha11 be givco by deliYedng it�n by
<br />;:;:_T r.ssiling it fnst class mail unlessa��cabte law requites use of another methad. Thc not�ce�hall be dircctcd ta Ihe • _
<br /> —,- '— ._ :. , . P�o�erty A�ar aiiy ather addrra.•&nr�wer�ig;�ata�by aoti�x to Ixn�cr. Any•natice ta Lender�h.:r!!!r�t�ln hy
<br /> � f�st ctass mail to l.ender's address sta:°!O herein rn any address Lender designates by notice tc+Harrowcr. Any nMkc �.
<br /> '. �rovided for in this Securiry Instrr�mer�t s2sall be deemed to havc 6ccn given to 8orrawer�r l.ender when givcn s4w pn�vidcd =
<br /> m thls paragreph. . ,„vemed by F�edeta!law�+nd the laev c�t tl�.e �
<br />' r 14. Covereing La�.Sevt�►9bilii}: 'Chis Security Instrument shall b�,�,,.. _
<br /> jurisdictian in whlch the Praperty i3.txate3. tn the evem thai any ptavision or clause of ihls Secutity Instntment ar the =
<br /> Note confllcts wlth applicable,laN.sueb canYlict shall not uffect athet provlsions of thic 5ecurity ln.rirumen�or the Nnto �
<br /> •- ' which can ba given effect withrn:o fFYC urn4(2�ing provision. Ta this cnd the pravi�ions af this 5ecurily Instntmcnt rmd the ,`
<br /> • - Note are dectared to be severabte. � =
<br /> ' 1�B�eower's�py Borrawcr shat!6e�iven one cvnformed c<�py af this 5ecurity Instrumem. �
<br /> . - 16, Aael�ment of�enL�. Borrower uncand�tianaliy assign�and transfcrs to Lender�11 the rem+arx!rcvcnucv u(1hc _:
<br /> ' Ytoperty. Bortower autfwrizes Lender ar Exndee's agents to collert the rents:ux1 cevenues nnd hercby ditcrta c:Kh tcnunt�►i' �
<br /> - ti�e.Fiyspdzty to pay the rcnts to Lcnder ar Lendes�agents. Hawever,prior to Lcnder's notice to Harcower oi'Unrtawcr� �
<br /> � tneaah a���avenant or Agreement itt t6�5ecnrity In�tsumcnt.Bonawer shall collect and rerclve sill tentr und revenuCs nf
<br /> the Pta�erty 8s ttustee for the benefit of l:ender and Banoa•cr. "this ucvignmcnt of rents canytitutcy tm absolutc u��ignmcnt f
<br />'- � arx!nos a�s assigament for gdditianal aecurity anly. ;
<br />- �-_ �f Lender gives noticc of breach to�arrawec: (�>alf renGs�rercived by Borruwcr xfialt he hcld hy Hurruwcr a.r Irurtrr E
<br /> for brc�,efit oF t.ender only,t�►b�agplled to tho�ums stcurerl by the 5ecurity lnstrumcnl: Ib�tAndcr�hall he cntittcd tu f
<br /> ?; �11ec��Y°•,ceive all of the rrnts offthe PropettSt:and{c)each�tenant of shc Proprrty shalt pay ult rent�v duc:md uapaidt��
<br /> � • Lender os Lende��agent on L.ender�written demand tn the tenant. ;
<br /> . Huadwet bas not exeruted.any ptiot assignmas�t:af the renta ttnd has nnt an�f will n��r perf�mn uny ac11hu1 weutd
<br /> °� prevent LenQCS fram exetcising.its nghts umierthis pari+gr:�ph 16. '
<br /> l,ender sha4}not be requlred to enter upon,take.a�ntml�f nr m;tint�iln thr 1'rbperty hciure ur nftcr giving nu�icr ut '
<br /> tmach to Borruwer. Hnwever.Lendet or a jud�:�i�il1q appointed receiver may du sn at any time therc i�u hrc.�ch. Any
<br /> • application of rents shall not cure or wnive su�y d:fattti or�nvalitiate sury uther right or remrdy uf I.�ndcr. 'I'I�ir u.rritino�cnt
<br /> • . :r. . _ nf rents of the Pcope�tg elmll terminate whe�the��t sccured by the Security Instrument ix pa�d ia full. . . _
<br /> .� _ _ .
<br /> t' FPu�e 3 il4lu+kesl �
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