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<br /> - � :,t E- � �. ..�.......... . . ... .....M.�.y.....::,.����r,-�n.�.
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<br /> 93- so��o
<br /> ' p�ymem�,wAlch ue rchrted to 1�Pu+gropA 2,or change�ho amount ot�uch paymenn. Any excess proceed�orcr nn
<br /> �nwuntrW u1tCd 10 p1y Yll OYI{lifldlfl$IIIdLMedneu uncler tho No�a and�hi�Sccurity fnstrumcnf slisll bo pald to�he entity
<br /> legally cntidWthercto.
<br /> - � --- B. Ftte. I.an4sr mey coliut fu��nd cherga�mhodud by che Sccrciory. _ _
<br /> 9, aroundaPorAcctkr�lionoflkbt.
<br /> _ (�)Dehul6 l.ender moy,oxcepl es Iimittd by rcgulaHon�luucd by tHo Secrcmry in Iha wso of peyment defaidn.
<br /> rcqulro Immedieta�eyment In full of oll sum�secumd by thb Securhy(nsuument If:
<br /> --_- (U Oortower defaults by foiling to pay In full eny momhly paymem reqnirul by ihle Secudty Insm�ment pdor
<br /> ��-- -' �o oron�he duo d�to of the nexunomhly pnymen�,m F--� ' - -° -
<br /> .- . ._� (Ip Bortowtr defauhs by talling,for o period oi�hury d�ya.iu perfoun�ny oNzr obfigatlona wnmintd In thie :._.- � -,......._-- __.._--.
<br /> ' Suuri�v(nstrummt.
<br /> (b)8�1e W(Ihoul Credlt Approval. I.cnder shall,If pemilncd by npplicabla Imv�nd wiih thc prior approval of the
<br />' �`°-- Secrctary,requlre immedlalo qymyem In full of all�ha sums secnred by this Secudiy Insin�mem IC =�
<br /> ---�`"� oiher�wlso iranshmd(ot,`e rnthnn by dovi.o o�r desecn j by he 6o�rro vor und or pan ot�he Propeny,b sc[d o� _ _
<br /> --
<br /> -- -__� (iU'Iho Properry is nw acvp.ed by tFa Durehaser or gmmec n�hie or 6er principal resfdence,or the pu+chas°� -' --
<br />_- ___�Y� or grentw dce� so occupy ctx G'copeny bui his or her crcdit has not bcen approved in amrd�:re _..-
<br /> — with tha requlrcments oidu:S:crcwry. _
<br /> ' �- -� (c)No Walver. If elrcumstu:cu amr dw wwld pemw Lender io reqoiro immcdlate payment in fuil.Eut 4ender �,x ,-,. �.
<br /> �„�,��,� C�te not rtquirc such yaym�at�,LerA:r "wes r.at aa�re irs rights wiU�rcsQcct m sub;cyaem cvcnts. � -
<br /> - ---__ (d)R�utatlotu of HUD S.cr:tary. �n many cireumstu�ses[z�alaiion�issued by tte Secrctary�vill Iimit Lender) -
<br /> r�� righls, n Iho cue of paymenl defa•�Its, ro requirc immr.diaie paym�n� in Potl and foreclose tf not paid. 7Lis �t> ``
<br /> . ��is�� S.curitylnsttumemdoesno�emhorfuncceleretlonorforcctosureifr.a�rtnittedbyregula�ionsoftheSuretary. �.p�y�-
<br /> .��r��.�, (¢)htottgage Not Insftrrt7. Oorrox�cr ngrces�hae shcuW this S-:amry•imimncent er.d the nota stwrcd�hcr:by r.ci _�.- . ----
<br /> 'tr ; be eligibk far Insumnce urA:r�he Na�lonal Housing Act within 8 ��nt�is ���'` �; '�
<br /> 7��!i
<br /> ..'In�;p; . Que hsrcof.l.er.d:r rn�y.a.t in opHon and notwiihsnnding anythinc in P.vmerapS 9.rnjaire Immtdiatt pa�mene in .�_�t.;+l.?—_
<br /> 7�- PoII of afl sums sa�ned by ttus Sceuity lnsuumcnt. A wriuen stairmem of an}�xmhxizcd n3ent af th.e Sxretary r 6 {,���._.
<br /> -St��`: daicd suS-r.cyacm�0 8 cs�OntlA9 6om�he cinir t�xc.Y,dxlining�o insan�his Scceri:y Jf� -�„-- -
<br />- .:�:' S' Instrument ani�LC mr.:sfi:urzd ttr.m6y,s6all be deem:d conclns;rr.pr.�ni nT surh ir.eiigibiliry. Nonvi�hu�clJ;.:;3 -: �<;_.f,����"
<br /> �::�1�.. .%��` —
<br /> �_ l ;:j` t}:e forcgoing,�hie oF(rn•mm rat h ezerciscd by O�.dr:r when thc unavailnbiliry of inmrnnce is solcly dva ao •'a-; , �
<br /> LenderY failurc ro remit a m+�age ivcarce premi�a to the Secrcmry. -,_n i -�� ,
<br /> ';� ]0. Relnslatemenl. Uorrowcr haz a ri�.`r.ea h:rcins�aicd if Lender hAS r�pufrcd imm�din�e paymcm In full becnuse _ ,i�+��.s__:-
<br /> w --' of 6orto�verS fnllurc�o pay an amount dw m�^_cr thc�Noie or Ihis Sauri�y InsuumeN. 7his right upalies crcn aller g,��
<br /> ':;�,;.- forcclosurc proce«linge are mstimted. 7b reinnaie�he Securiry Instrumen4 Borruwer ahall �ender in n lump sum ell .- �M1 3�"�!�!�=
<br /> i.,.iy .•, ".-�'°__
<br />� -.r emoume reyuircd�o�brfng Dovou�erY eccunnt curtent including,io�he exuni�hey nre obliga�fons ot Uortower under Iltis ',•���•,;:_r,.�__��_
<br /> � - �:t� Security insm�men4(oreclosure cos�s ann rcasonabic and cua�amary niiumcy3 fccn uriJ�nperses yri.cr��ws:.:f?�e"tii�•`• - ---
<br /> i ,.�; �he foreclosurc racecding. U n teinsea�ement 6y QOROWCL IIIIS SCCllflly Insm�men� nnd the obIISOl10115 III�I 11 6tCUfCS � •-�`'`��L'��--
<br /> shull remnin in c((ai ns if Lendcr hnd not rcyuircd immedinlc i ment in full. Howcvcr,Lcnder Is no�rc<ulrcd topermii ��:�j����1 �`�
<br /> �.:U�;,;�hi? P�Y 1 � •';'J.__ �—
<br /> - _,s.� rcins�etemcnt Ih (i)Lender hav eaepmd remstn�ement nfler the commeneemeni nf foreclosure procecdingx wi�hin avo � r���4j- ?a,•-•;._
<br /> - years Immedia�ely pceading �he commencemem of o cuReN fnrecbsure proceeding, (ii) reins�element will preclnAe fi .a •:� � �'���,R;
<br /> --�t forcclosurc on dif(ereni grounds In�he fmurc,or(iip reinsm�emen�will adversely nffec�ihe pdority of�he lien erea�ul by �a �,� i z ���
<br /> s'-�` ihisSauri� Instrumcm. .- •,., +t1� `� '°
<br /> ' - 11. �orrower Not Reieased� Porhearnnm 6y I.endcr Nol n Wnlree Ex�ension of ihc �Imc of payment or .: S , � �'•
<br /> .:'�:r.':;;`,`�, modlfica0on of nmonbailon af�he sums securcd by ihis Sewd��Insuumem gnnted by Lender m any successor m interes� t'-d•,•;��„��;
<br /> ' `'� of Oortower ahnll not opem�e to rcicau�he linbtlity o(ihe origmal Oortaver or I3ortowert snecessor In Imeresl. I.ender S' , 9i°°�
<br /> -�`Z- ,�y ahall not be reyuired lo commence praeedings ng:dnst nny sucecsmr in Imercst or rc(use w ex�end�ime for pannent or _ �� "� r }���a:
<br />�.�-�s�._;-.«,� o�Lerwisc modify umoniianion of�he sums xa�rcd by �hf�Securiiy Insuwnent bX reason of nny demaM madc by �hc -�,,<:- '� .;�,�; ,. .:::..
<br /> , , orlginal tlonower or 6ortmrerk successors in interes�. Any(orir.arance hy Lender m exercising any righ�or remedy ahall --";;:"-`-
<br /> � - - not bc e wnivcr of or prccludc�hc cxcreixc of nny righi or rcmrdS�. < I �{x f� -,�,_
<br /> � {�-;-- 72. �uctessore nnd Asslgns Itnund:Jolnl and titrered l.1e6111ty;CaSlgnere. 7Y�e covenams nnd nF*ecments of _ �� 5��,e�t, '•
<br /> , ,' �his Saurity InswmeN shnll bind nnd benelii ihe successors nnd assigns af Lender nnd Eiorrower,subjcc�to the provislans --i -:. �+�y K(.��,,;;
<br /> of!'�ngr�ph 9.6. Ilnrro�ve�h covenams and ngrrements siiall M jolnt and uvenl. Any Dorroner ivho eosign+ this . ...:.,;..�,;•,i � __
<br /> Security InsVUmem bm doea na1 exttme Ihe Note. (n)is co�signing thi�Secnrily Invmmrn�only m mongage,gr.lnl aM sti ,;_
<br /> -,II� ���� mnvey Iha1�ormwerr imerexl in�he Propeny under Ihe�enns ohhi.Security Insvumenl;(h)i.nu1 personally obligated�o ' tn � �
<br /> �,(s ��. pay the smm secured by�his Secnriry In.uumenr,nnJ ec)agmes ihm Lender and nn�aiher porrox�er may agree�o ex�end. : � .t S �r'-
<br /> __ ,i��i7 ��; modiQ•,forbeai or make nny ncenmmodn�ionc wi�h regard io�he�emi.of�his Secumy lus�mmem or ihe No�e wi�haut�ha� R,, _ _
<br /> i��A ��� Ilorrouxrk rnnsem. ' 7� -"ih�-
<br /> �Ej}�54� 13. Notice.s. Any notice�o Darrower provided for in�his Security Insuwnent shall 6e givrn hy delirering it or by _. 4i ; ' - .
<br /> .- 1� t�t,� malling h by firs�cl�cs mail unless applicable law rcynircs u.e of;mo�her method. 'llie nntice shall be dirceted to lhe .,,, - .
<br /> �;;;;�5�1�(�lj;�,� Propctly Addrcsx or any mhcr adAresc UorrmS'cr Jc•ignatcs by noiicc w Lendtr. An)• nn�icr lo Lendcr 4hail bc�ivcn by _ �� 'q;A,;�t��il�•A:'_ �'.
<br /> - �;�� firet cla5s mail lo lxnder\address sia�ed hcrein ar any :�ddre.e Lender dc.ign:ect h}• no�ice �o Ilarro«�er. Any noiice :��i_ .�,_ ,
<br /> :i;:;.: 1
<br /> .. r'.:,�;,. Pmvided for in Ihis Saurily Insltumem�hnll Ix deemeJ In havc hern gi��cn In 13ortnxer nr LcnJer��hen giren as provided �. � .'',:15:".;. � �
<br /> '-`��pf:.l'.;t, m�hisparagrnph. '�.',y � .
<br />.. ;=;r��;,. 14. Gm�eming I.x�r:Serernb{li�y. lhi. }aurily Inarumenl thall hc govcmeJ h�� IeActal la�e anA Ihc law nf Ihc , ..
<br /> ' ... r... �:�6:,
<br /> �- '' jurisdiction in which�hc Prn�rly is loca�cd. In ihc c�cm�h:n:my prori�inti or d�u,c nf thi.Srcurity Inammcnl or �he - .
<br />.. �'����n7�4�� Note can0icu wiih applirab e law.+nd�con0icl.h:dl not affec�o�her pruri�ion+of Ihi.Serurily Inctrumem nr the Note :•'�o:�: .. ....
<br /> ,y.d:_:� �•�..._n
<br /> . x,.fn which can hC giren effrcl willmul�he oon0icling provi+inn. 'li�Ihi.end ihe pmvi}inn.id Ihis Securily In.lrumem and the '. �,5,,. 't; .
<br /> ..�::r,y» _
<br /> ;h;i;:�;:.,� Nolc are dcclnrcd lo be uvaraMc. . .
<br /> -,�}_�;�i,'1x� I5. do��mrc�i Copy. Uorroutr shall Ik gi�'en one aanlnnncJ copy u(Ihi.Scamy ImVUm.nl. ..
<br /> �. �_:.�i�.'{?'2' 16. Assigmnenl of IfPnis. Hmm�cer uncondflinnally a�aigm and Iramfen�a L�nder all ihe rents and revenue�of�he . . . .
<br /> ".�':��h���� Propcny. Florrou�cr nmhorinc LcnJeror Lcndcr i agcnlc m caliccl�hc rcnt.:md rcrcnun and hercb��dircci�each Ienani o(
<br /> � ' '��,�.-' Ihc Pro'criy m pa��Ihc rcnk�o I.cndar or Lendr�i aprm•. Honcr.r. punr m LcnJcr�noticc Io�ortourt of Oorrm�rr\ .
<br />... '.`�.:.. brcath of any covcnam or agrccmcN in thc Sauriry In.vumrm.f3ortnwcnhall cnllcal and racirc all mmc and re�cnurs nf �
<br /> :>i:' Iho Ropcny ac Im��cc(or Iht bcnrfil o(Lcndtr anJ 13oru�ucr. "fhn a.vgnmem of rcm>cun.�iwta an aMululc a}}�Fnmcm
<br /> °;]r� -; and nol an assignmcM for additiunal eccuriq�only.
<br /> If Lcndcr givcs notin of brcach to Rortmvcr. la)all rcnb rtt�c��cJ by Bortm�cr.hail bc hcld hy Bortower a�vu+lcc
<br />� - - : for bcnefit of Lcndcr omy,io uc appi�cu m mc wm�sc.ureu ny mc icwri�y im�rvmcni,ini i.cndci e7�a7i bc 2niiucd i.:
<br /> ., " � eollecl and receive all of Ihe rents of�he Ropeny:v�d(U ench Ienant nf�he N-open��.hall pay all rcnts due and unpaid�o ) .
<br /> - ��,�t'�� Lcndcr or Lendcr's agcnt on Lcndct��vrillcn dcm�nd lo Ihc icnant. �
<br />" �ortoo�cr has r.m enecmed any prior a«ignmem o(�ke reM.anJ ha. not anJ�rill nm pertorm :my act Poa�wnuld (
<br /> ��,� . pmvcnt Lendv Gom excrcisin�i�s righ�s undcr this Paragr�ph 16. ! -
<br />_ " �;�:'_ Lcndcr shail nm bc rrywred to cmcr upun.iakc comroi uC or maimam ihc RoMn��Fcforc or af�cr giring no�icc uf !� _
<br />� ' . brcach m Oortcuer. Hmrc��cr, Lcndcr or a judicinlly apPoimcd rccci.�cr ma��du w:n any�imc ihcr i.a brcad�. Any 4
<br /> � applicaiion of«Ns shall no�cure or aaive any defauh or mr.�iida�e an�aher righl or remeay o(Lender. Thie assignment 4
<br />.,'.�`�'::t ���'> of rcNS ot the Ptopetty shall Iemiinale ahen�he deM secun�d by ihe Secuti�y Inarumrnl n paiJ in full. t
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