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y.� �j�� _ �.�4�Y-'vYl: ' . . .. . . ' .. .� . � . • ' .� .. .. �.A��.IC••I�i�,'�_�-_----_._ _ � i0�3.34 � My�.�WoM a�rt.wd a ta �,ar c�me�oouat ot�uch p�ynre�. �ex�aa�p�csedi ov�er au . �no�r+e�ed�p.y ag awwodi��i��ediwR w�d�c d�s Na+iad dd�Searity la�on�m�c i.Y bs�d.a i�w�iq� . •• _ f. Ma. 1.enQer ayy cdkce Lec�s�nd cJ�r�es ratti►ari�ed iry die Sea+eury. �. �tra�dtbrAooderMiQrla[Qe4N. (�)Ddadf. 1.00da ntay.ea�ap�:as.limiled by re�at�tlon�s iaued by tbo Secret�lry ia llr c»e af pyr�t del�wii� �eq�ite IanmadLl�piYouent io ful�o�aU wau�ecwod by tbt�Socurity Inaln�en�t i#: -_ (i)Bo�r�wa ck1�►vlts by f�t�g.to p� in tW1�uy n1�h1Y WY��P�.�Y.'ihip►Secviey(�wp�+mmt P�' fo pr cn tl�o dao c4�e ai the . p�a1�!'PaY��•°f • . . (ii��bj�tt�g:fcr.a p�oa o'P ttri�ty'd�rs.w pafam,any olher.obliWions�ontu°°d in d�i. (b)S��ie�oM C�iit Approvd. lxadec sl�Il,if painiNcd by appilcabl�e I�w�1 w3nh d�c P�a�PP�'v oE the g�.tegtdes i�n�tate R�}vitont itt tisU Af a!!the eume dbcu�cl by tA[s Security Jnt�a�inent if: py�►11 a put ot'tha Pt�nperty�or a beneficW interest in 4 trwt ownin��11 a pwt of the Q►+oparty.i�wW or ath�rise tr�►sfared(at1Kr th ar ae�e o�aesc�c�ey we�orrowe.,�s (li)7iro PropertY is nat occupied by tba purcbascr or�nni�eo as his a her princfpRl�+eaidencc.ac dr�Purclu�a' or gr�ntee does w axvpy tho Propaty but hti a ba crodit hu not ban ipp�uved ip �eoad�noe with tlje�equirements of the 5ecreqry. (o)Na WMiwr. If cL�urtuwn�accur du�t would pFrnJt I+ender w roquiro imiriedl�te payme�►t in fup.but La�der doca not wchp�y�t u,La�der daea not wdvo Us d�hu wlthrespect a subsequent events. (d)11��d HUD f�crefu� In many circumswicc�m�uluians isu�ed by�he Secretary wW lirnit Lmder� d�hW. �he cue of p�yment defaulu, toroq uin immedlete p�ymm t in fLll u►d foroclo�e it not Th1s Security In�trument doer not wti�o�iu�cceloaliun ur fur�:tawre If no1 pem�itiW by ro�uladot�ot tho U1 Matpp Nd l�und. Banowar apoes�Iw aheuld thls Secudty I�uumer��ba aota Recurod thaeby not 6e oli�ibb far inwr�ncro under tho Nuion�l Hauin�Act within � �� due hmoot.I.onekr may.�t ib optk�n�nd notwittnt�ndin��nythin�in Wragroph 9.r'e9ui�imrt�edi�te payment in Ibll of�II Rum�eeaurod bg�s ASe�uriry Inwumau. A wrltten;ta�emau of my wtl�orizad aga�t of rho Secrquy d�ted wbseyuent to e sus from tfie date hereof,declinjn�w ineune this Socurity In�trument u�d the nato socured therGby,chaq he deemod oonclusjve pruof ot such ineGgibility. Natwi�hstandin� lhe fa�e�oing.thi�option may not be exercisod by Leoder when the unsvailability of i�vurance is�olely due w Lencb��fdluro ta remit�mortgage insurance premium to tAe Sa�retary. l0. RelatA�te�aenf. Bortower fws a right to be ainstated if l.ender hts required immediue payment in Pull becausc of Borrower� failure to pay an amount duo under the•Noco or �his Securiry Inswmen�. 'fh�s right app8es eva� after forocloawe p�vaodings ue instituted. 'tb reinstate tho Socudry Instrument. Horrower shall tender in a lurr�p sum all �mo�x ca�ixed wfi�riqg Boanwer�accaunt current including,to the extent they are obliganon:of Borrower wder this �--?;:{:.= 5ecwriqr Impna�rt,�oroclosurc costs and reasonablo and custamary anomeys'fees and expenses praperly associ�ted with the forociosa�e pviceoc�ia�. Upon�instatement by Bomnwer,this Secudty Inswment and the obbgiuions that it sx�ues sh�7ll amaiq ie ef�rect as it'fRS�der twd�ot�q uircd immediate paymenc in full. However,Lendec is not�+equited ropem�it - ,�,; reinsq¢�n�c 6f: (o)C.en�tx A�arccepted ieinstatement after the commencement of foreclosure proceedings wirhin hvo ;�fii4y yea�a imcnediateiy p� til�eommencement of a cwrem foreclosure proceeding.(ii)reinswtement wiU proclude foroclosuro on diffeiaed g�vaad�s ia t�e futu�.or(iii)�inswtemcnt will advercely affect Ihe pdority of the lien c�eated by _ this Secur�ty Insdumaw.. �. 11. Bon�ower Not IF�; FbrbeAraece by Lender Not a Waiver. Eatension of the dme of payment or � "tf'�� modification of unart�:�n�S the sums secured by this Security Insdument granted by Lender to any auccessor in inurcst of Bortuwer shall not oprc�te 1a releuse the liability of the original Borrower or Borrower�s successor in interest. Lender -•��r�i��,�,;� shell not 6eroq uired to cannxnce proccedings uguinst any successor in interest or rcfuse ta extend time fa pa ent or —��:�s�:;�;;; otherwise madify amortizaucv�N 1he sums secured by thi.g Security Instrument by reavon of nny demand�by the ��w�� odginal Borrower or BaTOW�er's successors in intereat. Any forheannce by Lender in exe�ising eny rlght or remody shall � not be e welver of or�t:�C1e�.�e exercice of any�Phr or Rmeaty. ��,�'��. ' 12. Successors�d.�avigns Bound;.lotnt and SeverAl Liabllity;Co-Signera The covenants and agreements of —•i��?k • U�is Security Instrumeaa sAw:�fi�md and benefit the successors and acsigns of I.ender end Borrower.eubject t�1he prov�sions of P�'h 9.b. �orno�wa�'s�co�•ennnls and ngreements shall be joint and severul. Any Barrower who co-signs this .� i Secu�lu}•�Dnstr�rment bue does��t execute the Note: {a)is co-signing thls Securiry Instrument only to mortgege.gr�nt artd c convey tha:8orrowec�s eawee�>t nn tl�,e Property under the terms of'thfs Security In4trument;(b)is nat personully obligated to s! ��i the siuns securcd dsis Sarurlt Instnimem;and(c)a reea that Lender and any other Bomower ma a to extend, . t�,� PaY nnod�fy,forfiear or m�any awao�amodations with regurd to the tertns of this Security Inshvment or the Note�without that -' Barrowerk consent. r. 13� NoNoes. My naica oo Barrower provided for in this Security Insuument shall be given by delivering it or by , •4i'?� maiii�sg it by tirst closs mail unlu�; Applicuble law requires use of another methcxl. The notice shall be directed to the .�,��p��,� Property Address or any od�et aLlress Bormwer designates by notice to Lender. Any nwice�o Lender shall be given by _;_� y.. , first class mail to Lendera oddress staled herein ar any address l.ender designates by notice to Borrower. My notice i�:�; pro vided for in this Secu�ity[nxmanent shall be deemed to have been given to Borrower or Lender when given as provided _� �_ :.�.•' � i - .n-__y_ n this para h. �u•*�� 14. verning LAN;SeverabiNty. This Security Instrumeni shall be govemed by Federel law and the !aw of the .;�a�:�'�sr«�_::�'-::�� "� ' iurisdiction in which the Property is located. In the event that nny provision or clause of this Securi�y Insvument a the � ��. iVote conflicts with applicable Inw,such conflict shall not affect aherprovisions of�hig Security Inswment or the Note o f;;s;.�;'=:�„��. which cen be giv..n effect without the conflicting provixion. 'Ib this end the provisions of this Security I�uwrt�ent and the " -��>•�a:r y� Note are declured to bc severnble. ,�w"��;�' IS. Borrower's Copy. Borrower shall be given one conformed copy uf this Security Inxwment. l6. Assignmeot ot Rents. Borrnwer unconditionally n,signK and uansferx to L.cnder ull the rcnts nnd revenues of the Property. Borrower authorizes l,ender or Lender's•ugems to collcrt ihe ren�x and revenues and hereby direcGc euch tennnt of the Property to pay�he rents to Lender or Lender c ugents. However,prior�o Lender's notice to Borrower of Bomower� brcach of any covenant or ugreement in tt�e Security Inxaument,Bortower shall collect nnd receive ull rcnts and rcvenues of _� the Property as wstee for the bcnefit of Lender und Borrower. Thia assignment of rents consdtutea an absolute assignment — �nd not an assignment for addition�l security only. _��,�� If I.ender gives notice of breach to Borrower: (a)ull ren4s received by Borrower shall bc helG by Hortuwer as avs[ce - for benefit of Lendec only,to Ix epplied to the sums secured by the Security InstrumenC (b)Lender shall be entided to � colloct and receivc all of the rcnts of thc Property;And(c)each tenant of the Property shall pay all rcnts due and unpaid to _._ l.e�der or Lender�s agent on Lendor�written demand to the tennnt. _ -- Bomower has not eaecuted any prior assignment of 1he rcnts and has na and will not perForm any act that would � =? provent Lender from exercising its righta under�his Pwagraph 16. - =_��;;��,� Lender shall not be required to enter upon,talce control of or maintain the Property beiore or ufter giving ratice af --- Mr.ach to Bo�rower. Hnwever,Lender ar a judicially appointed receiver may do so at any iime�here is a breach. Any � ��'-`''=�:::�� eppllcation of rents shall not cure or weive any detaull or invalidate eny other r�ght or remedy of Lendea 'fhis assignment _--_='`";":.�� of rente of the Property shell terminete when the debt secured by the Security instrument is paid in full. �Y- _ _ _]��T�, . , pb8e3oj4poRa1 �--:ti:�' '�','.�;t� t4�..'t :1s. �::�:., r��?� y