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<br /> . ' 93-� �os�� �
<br /> � w� afikh�rofet�d ro In 2,or thr�mounl of�nd� ymeiw. Any e«cea pnocadr over an
<br /> ��squited lo p�y dl oweladi�i�i�lne�u�nd�irlhe PMh Mtd Ih{t 8�cw 1y I�rnenl.��n�e ww�o�...Wr � .
<br /> (eMlly eMllled Iheab. .
<br /> 11. Feer. Lender rn�y colloct fea�xf ch�r�es WMIKftlud hy►IM�S�cieluy.
<br /> 9. f�rae��'ar Acceke�+�lio�d f�bl.
<br /> UI Ilehul� l.a�ler nwy.eacep�Ihnited by re�ulaUom iwued by the Secrc!�ty in the ca�e of p�ymen�defwll�,
<br /> __�---n.. - requlre immnlfe�e�ym�m��r�n�r.�i��+��enr.a ey�u�seco�ry i�w�If: _ _
<br /> ---- (i)Borrnwer defiulu by fdling la pay in full�ny ntonlhly p�ymatt roquln�d by 1hi�Secu�ily butrument prtor
<br /> �� la or an Iho duo d�to of ihe neR�matthlY P�Y� �
<br /> �- (ii)8ortowcr dcf�ulu by i'aiiin�.far a perbd d't�i�iy d�y�.�o perfam my athor oblf��tiau ca�ined in thi� _
<br /> Secu�t�it�y[o�lnnnenl.
<br /> _ 1�lRnk Wilhaat Crtdlt Approvd. Londa�hdl.it penniped by Appllc�blo I�w a►d wlth�he pdc►r�pprov�l of Ihe _._
<br /> +ay.nquire immedlate paya�a�N b�full�ii w11 Ihe Wum�ecu�ed by�hM 3ecutity instrumrnt if
<br /> -- - (i)All or p�ut of Ihe t�ropehy,or�baneticid inte�t�n�In��t owminA�II ar pnt of�he Propahy.h wW or
<br /> otherwi�e u�nsfened(olbcr than by devleo ordescntt)by the Bonower.and
<br /> (ii)The Pimpatg u oot accupied by�he pu�Gaer or�ntee�e his ar her princip�l�raaidcnce,or dre pu�Uste►
<br /> or ar�uroo doea w occupy tUe Pfroperty Iwt ki� vr her crodit hu no1 beat �pproval ia a000id�tca
<br /> wi�h Iho requGcvncnts of Ihe Sxretnl.
<br /> (e)No Wiiver. If ei�umst�nces accur dau wvuld permit l.ender!o roquiro immedi�te p�ymed i�full.but L.rnder
<br /> ----- doa no1 rcquire suchpymen ta.L.a�der doa not�ve ib dRINa with res4ecM to aubsoqMeat ev�ente.
<br /> --- Id)RqulNbns d NUq��. In mmy cinqutaqt�oe�te�ui�ijons�sued b�►tho Secn�ary'will limil l.enderk
<br /> - �ighls. fo the case nf�ymeot defiwits, lo�qub itpmediMe p�ym�M in(ulY and fiweck�e if ndpo iJ. 9'hi� _
<br /> �`��� ��"��' Secu�ity Inelrument das nd�u�horiu�ccebr�►tion�or foteolaau�e il'ool permittod by rcguWian oi U�e Secrcury.
<br />-- � �'"�'' (e)Maip�e Not lawred. Bartower�gRes�twt thouW this Securiry Inurument�nd the note securod theneby na
<br /> �j. :�.1i�' ./i.„
<br /> _ •��, . ' be eligi6le(or iaw�nce under �he Nalbiul Hauio�Act wilhin ����
<br /> �.;,;�.�:;;:✓, da�o heteot;l.zoder may.at ils optian and notwfllnt�ndlnj mything in Pw�gniph 9.roquire immedi�te payment in
<br /> ':;': . . . .�'.;��; .; full oF�II sums acuad by this Security InauumaM. A wripen stuement of any authoriud sgent ai the Secretary
<br /> . �'`+t��';,�fj���i���_:�':� dated sub�equcnt to from thc date hereoi,doclining to insu�this Securf�y
<br /> .��,;,.,�a��-,.;�r;.;', Inglrumenl nnd�he nole secured Ihe�rby.sh�ll be deemed 000clunive prooi oP such ineligibility. Ndwflhslanding
<br /> ��' �'�:�' {;:�:,.: ••� Ihc foregoing. lhia apllon m�y na� 6e exercised by l�awier when 1he un�v�ilability of insurAnce i�eokly duc to
<br /> ..w�.M...�;;,�,,.
<br /> � .'�.�.;�:�"r,�.� . Len�krk Failuro�o�cmi�a martg�ge inaurance prc�aium to the Secretuy. w-
<br /> _� ��:��=.q':;��`� t0. Refna�t�taenf. B�x�ower ha.�a righl�o be►einslatad!f I.eoder haa roquired immodia�c p�yment in full hecause __
<br /> .:su'R�w`:..._�,.'�a'�►a:, of Borrowerk iailurc to pay an amount due under Ihe•Note or Ihis Secudty Inatn�nxnt. 7'hia right applies even after __
<br /> - �-,��;.;i_.,;: _ - i'cxeciasure pnxmiingn � �uai�iUteG. 7b rein.ctate ilie�nrity ltsstrussticnt. So:rcuer slie!! temler in a lnmp�nm e!I ---
<br /> . . amou�ls reWuacd to bring Borrowerk Account current including.W Ihe ealem Ihey are obligetions of Bomower under�his
<br /> � . �. Security InAlniment,foreclosurc cosu and reasanable�nd custamery�ttomeyR'(as uid eapenses properly assacialed with
<br /> Ihe fixeclnwre prcx�ding. Upon Rinstalement bq Borrower,thle Secu�ily InstrumeM and Ihe obliga�lons�hat il securca
<br /> _ ' ���':' • ':� ahall rcmain in effect ag if L.cndcr had notrequired immediHe p�ymmt in full. Hawever,L.ender Is�al required�a pennit
<br />� °.. ; ., , ,.i}•::.;.., reinxlatemenl if: (i)l.ender hac accepted reins�akment aftet the wmmencement of forcclosure procadings wi�Qiin two
<br /> '" ••�.�,'>:,.,:'`-;h;, • yeane immediately preceding Ihe camnKncemenl of a curtient foaclo�ure praceeding, (iil reinslatement will �reclude
<br /> ,; . :;'.��:.��:' . ; . �� foreclosure on differcnt gmunda in Ihe fWurr,nr(tfi)�eiiut�temait will adversely afkct�he priori�y�cei ihe lien ctrated by
<br /> r �: this Securi�y I�slrumem.
<br /> , � � �•� • ,' ' 11. Horrmver Not ReleA.sedi Forbearance 6y I.ender Not a V4blver. Hxtensian of thc time of payme�U or =
<br /> T , . � �' modific�lion af emnni�adon oi�he aums secured by thi�3ecurity Luwment granted by Lender to any suc.�cec.�ur in intercst P�_
<br /> _ , ' � . of Borrower ghall nnt opernte tc�releasc Ihe liability of the originMl Borrower or BcxmwerR sucxcRSOr in inlcresl. L.ender
<br /> -� ti � shull nnl he reyuired to comm��rr�ee�roceeding�egdnat �ny :ucedsor in interes��r refuce tc�extend�ime far payment ar �• '
<br /> �, � iNhervvisr onxlify nmonixn�ion of�he suma r,ecured by this Securlty Instn�ment by rcason of any Jemand mnde by U�c �_
<br /> � � origins�l Bormwer�x Bormwer's surccssor�in intcrcst. Any iorl+eanmc�c by L.ender in exercising any righ�or remedy shall '
<br /> : . " -' I no1 be a wuiver of or preclude the exercisc of any right or rcmedy. ���`
<br /> � � • 12. Succasnr�and AxslRns 1{ound: Jolnt and 3evenl Li�blllly;Ca•Signers. The covenama end agrcementR of �
<br /> ,•::-.c� ' � lh�s Security Ins�rumen�shnl!bi��d nnd t�ene�l lhe Auccesaors and�ssigns of Lender nnc!Barrower,suMjec��o�he pmvisi��nx �.•..-
<br /> • ' , ,� 09'�arugrnph 9.b. B��rrowerg rovennn�s and egreemenls sfuill be Jolnt and severn0. Any B�xrower who co-signs this j'.
<br /> ' Securiiy Inslrument bul dneg nut execute Ih�Nole: (a) is ca-signing this Security Ins�rument only�n nart�nge.gmn�ancl
<br /> • " a►nvcy ihnl Li+rrrmvcrh interec�in ihc Pmperi} imder Ihe termn of Ihie Securi�y Inslrumcnl;lb)io nol permna ly ohligutcd to
<br /> -- • pay�hc Qums secured hy this Cerurily Instn�menl; nnd(c)qgrees thot Lender end ony ntlmr Bormwer may agree to extend,
<br /> � `-,�� '+' . mndify,fo►hes�r ar mnke uny acc�xmnoda�kms with regurd Io the tetms af this Security Inswment or Ihe Nnte withoul thul -
<br />: Borrowerl�rnnsent.
<br /> i 13. Notice.v. Any natice to 8orrower pruvided for in thia Security Instniment sholl t�e given br delivering i�or by 'f'.;'
<br /> � � .�-�-`" maUing it by fint cluxs m�il unleqv eppIxahle law requircs uae of anotfier melhcxl. The nntice vhall he dimc�eJ to tlie � ' �
<br />` •' '%= " F'mperty Aiklrexs�v nny other addrass Horruwer designaks by natice to Lender. Any nulice to Lender xholl be given by
<br />:;'; �� , ry firs� claes muil �o Lender's oddrea�aluled hcrein or any addrcss Lender desi notes by m�tice to Borniwer. Any nudce :
<br /> :�� t ° , :,.,r„ , •' provided fiir in thia Scrurfty lnstrument shall be deemed Io have ban given to�unower or[.ender when Riven aa pnivided �
<br /> • �1;;t:.�� �x, in thix puru�raph. ;
<br />` t ' ` f4. l.nverning I.aw; SeveraMlity. 'I�iia Sccurltry•Inslrument�hall be gnverncd hy fcdcral Inw and�hr Inw of tl►e ,
<br />• �� '•� �'�i�:�'�,``:•�1`�� jurisdiclion in whirh the I'ro��erty ia lcxa�cd. In tl�e evenl lhat any proviaian or clause nf Ihis 5ecurily Ingtrumenl or the
<br /> �a" " '�''''`%'" ''' �� Note cnnllic�s with aprliceMle Inw,sunc�an(licl shall not affect other��+r�vi4ions of�hic Securiry lns�niment or�he Notr '
<br /> •r�s!�,'.:;,..': :;;�. .
<br /> r , �.,�:;:,;;;;�• which can he givcn eflecl wiUinu�UK cnntlic�ing provision. 7b Utis end the pruviainng of Ihis Securily Ms�rumen�und�hr ,. ,
<br /> ��j;.;;;,.':
<br /> � ��;>��.•i;';,.,:;s�,.,, ' Na1e urcdeclnred tohe s�cvcrable. ;: ,-
<br /> ,���t���i'r's;�`:"• IS. Borrnwer'.S Copv�. AoROwer shnll he given one conformed copy of�his Srcuriry l�i<trument. • ��
<br /> . �,•..�::.;.• �
<br /> :_`. �.�;,-,}y,.,•; •., 16. Aaalsnment nf Ren4s, Brnmwer unrnnditinnally aisai ns ond�runsfers lo I.endcr n111he rents und revrnue�nf Uk �;
<br /> g u
<br /> � ; pn��:ny. Horrower nuthurize�I.ender or l.cnder�c agents to edlect 1he rents and revenuec ond hereby direc�s r��rh tenant uf ;=�;;;:
<br /> r�,� �`' '�'�`"''� •• �hc Prapeny�i�pny tl�c rents to I,ri�ler ar Lenderb ageMe. However,prior to Lender a notice�o I3nrrnwcr nf Bam�wcra `
<br /> c
<br /> • hrcach uf any cnvenan�or ugreemenl in the Secudty Inatrument,Bmrower shall rollec�anci rereive nll rentc and revenues�►f �''�-�
<br />`-� �> �. •.• the('ruperty ns�rustee(or�he benefll nf Lender ond Borrower. 'Itd�ossignmcnt of rents cansti�utes�m absolWe oavipnment
<br /> __ _ _ ,,� � „ ,;•�.� ,• and noI an assignmeM for oclditlnnal security only. (•�• ��
<br />�— i r ':�j.;i} ,' ' If Lender give�notice of brearh lo�orn�wer: (u)nll r�cnts received by Borrower thall Me held hy Hnrrm��cr n�tru�tcc �'�;�
<br /> ' �•• : • ' fi�r henefi� of Lender only,tc�he applicd�o�he sums gecuted by Ihe Securily In��nimenl; (h1 Lrnder�I�all!x rnii�lyd lu r �
<br /> t:• , rullccl mid recrlve all uf Ihe ren�s nflhe Priiperly;end(c)e�ch lenu�t of U�e 1'n�+erly!�Imll p:�y,�u«�,��a����Ni����r��+a��, �
<br /> i° LcudCr ar Lcnilcr:.ngcnl M�Lendcrk wrUten Jemand to the tenant.
<br /> �. , . , • .�
<br /> �'' 'i,, licxrciwer h�is nnt rxeculed ony priur n�sfgnment of the r�enb Nnd haR not nnJ will iuH perfonn nny urt �hnl would �
<br />; " '� • pnevenll.coJcr frnm exerclain�t itg rights unckr thia Parngroph 16. ,
<br />' �:' . :�;a,;,. •, .. � Lendcr shall rat be tequued to en�er upon, take control of or mointuin�he Pmpeny before e�r uper�iving notice uf
<br />� ? . . . breach ln Ilurrower. Howevcr.Lcndcr nr a judicially eppointed roceivcr mey do no al uny time Ihcrr ig a brcnch. Any
<br /> _ ; =r Q ,;•` , .�� n�►Ifcntion nf rent4 sh:dl m�rure or waive Any defauU or invalldete�ny rnher right Ur remedy c�f Lrnelrr. '('his nsxi�:nmenl
<br /> nf rcntR nf IIK(Ropeny ahall terminale when 1he debt eecured by the SeCUrity Inatrumcnt ia puld in full.
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