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<br /> � pymenu,wb1Ch�ro rofo rrt4 to in Puagr 2,or ch�nAo�M emm+pe pf sucB paymentJ Any saaa�prbceed�ovor�n "
<br /> ,�moun�ts��tIrcA to p�y�I!omsluMing in0e�cdnes�undsr�he Ndo xnd�hie Seeurity Instrvroent ah+�ll be p�Id io�he emity
<br /> tegQl�en�ItkJ theroio. . �
<br /> Fe�. Lender may collea ftte Mnd chu3a auU�alzW by�he Sarctary,
<br /> 9. Uroupd�torAtctkrationofikM. ry
<br /> iequl�reln�imediYie�W�ymmeni�nfullof�iJls�uymsYssreut�by�th�LVSu d�ylnsirumeneif�n�hecaseofpaymentdefaul�s, _
<br /> jpilo on t�.e du�dat otyihc ne�ma�i�hiy peyn oY oe��iy paymen�rcquircd by�hle Saurlty Inslmment pda
<br /> _ _ .--, �--v-=-�....
<br /> (ip Barower def�plU by f�Iling.for�period ot tldny deye,lo perfom��ny other obligations contelned in�h1s
<br /> Saud�9 lnctnimen4
<br /> -� (b)B�1eWitAnu6GrcdHApprord. Lendershall,Ifpertntucdbyappllcnblolawandwiththeprioreppravolotthe
<br /> Sxrot requlte immedltle paymcnt in Poll of ell Iho sumt securcd by�h4�Sccuflty imimmem Ih
<br /> (i)��t or put ot�M Proputy�ut a 6eneflclal Intercst In a tna�ownLrg all or part of�he Rro�rry,ls sold or
<br /> � oNernlu trensterted(other�hm by devlse or desccnq by ehe 6ortower,end
<br /> - .. .._ o�r��rentee d roi'so oc�u uPi the YPro Wr�but�his Bor�her�credi�rhas�not cbeenr�approvcd ina Paordaoco —
<br /> .. � wi�A�hc rcqui�emenn of theYScerctary.��
<br /> y (c)Pfd H'atrm If circumsmnava occur th�t would pertnit Lender to rcquiro immedia�e paymmt in full,bm Lender
<br /> dnranntrequirosuch.p��pmanm.:4enderdasnotwefvef�adphiswiU�respecuosubsequemevents.
<br /> iipj����i'ii�in cA a o paymc ttdefu It m10nyrWciuire�inunrAlnteBp yAmoentsin PoI andeterccl c It'notmpi�tld.�'Ihia
<br /> ---- $ccurity�b�t��umnntdnes not nutMdzo acttleretlon or foreelasuro i(not pertniued by regulatlons of thc Secrciery.
<br /> � �- ---_---- (a)�lnrtgogo Mot[�sured. Rorrowcr¢gres tha�should�his Saority fnswmmt and tlio note secured�hcrcby not �� -
<br /> �
<br /> - '��-�'-°-" bn eliptbin kr insuranee under the National Housing Ac�wi�hln 8 �on*h� from tho ---
<br /> ;ti;_;=�,A,.`°�,: dnm hnrcoF,l.ender mny,atdm option and notwhhstandinp nny4tiing in Para�reph�3,-mquire(mmedlate payment in __
<br /> ______�t•�,�"� PoIFaf d4 sums securcd 6y thln 5ecuriry Instrumem. A�vritten sta�ement of eny autAoriud agent of qx Secrelary _ _ _
<br />-__-,_ � dntcd aubceqqom.tu g mp �be from the date hcrcof,dalining to insuro�hic Secudty
<br />�' �';�.1�'�;°r fnfiuume�v.and�thn nnte securetl�ercby.�hnli�he dcemed conclusive proof af such ineligibitiry. No�witlaiending
<br /> -�`�';r-��F^.r UIC fOM1g0111�,Utfe aption muy no� bo exerclacd by Lendet when�hc unavtilability of insuranco la solcly duc to
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<br /> �.t:�;,;•.j �,r, L.enderh failunt a rcmit e mortIIage insurance premlum to the Secrtiary. -.
<br /> ,S_;��,���ry x 1N� RxSoetaGio�noL Rortower has e dght to be reinslnted iFl.ender has rcquired immediato payment In full because ___ _
<br /> �r ��g S of Bortower's faitun; em pay en emouN duo under �he•Note or�his Sauriry Instmmen6 7Lis right applles even after
<br /> v c;�� 't�7 fQreclosurt prceeedinps ant instilmed. 7b relns�ete �he Securi�y Insuumen6 Dorrower shall tender in e lump sum ull __--
<br /> °,+r��yhf,� enmunro reqwnd tahdnp Purtowc�k accoum c��cim�������o�o�rv enomevn�fe v end excenscs5Pronerir a+soci iedrw�h �_�
<br /> � 1�� 3:.:ut.y.qs�.•r,�cr.t,.^n:tir.e�re ce.+s a^.d m� __ ..
<br /> ' FI��z: Ihe Por.clas�m proccediup, Upon`uiva�a�emenl 6y Oortower,ihis Saurity Inswmem nnd ihe oblfgatiom�hnl II secures �.
<br /> �t{��4'�j shn14 remuin in effec�as if tandcr hnd na rcqulrcd immcdiate paymen�in full. Howwcr,l.cnder i�not requlrtd topcimit �+�. '�,
<br /> , ,;,�.{(f��r rcinsta�emr.nt If: (q Lender hna eccepted reinstaiement uRer�he eommencement of foreclosure proceedinys wi�hin�wo r_ �^�:,_�:-.
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<br /> 'F��r��i��jNJ�' feteclosurc onpdif(arontpmunds in�he fumrc,�or(i�u rein�mementrw 11 edverseiy a fect�the prionty of�he�lieo cr aled by i�h ��1���� '
<br /> �ia���C>`-°3��, rhisSec�atylnswmcm. (�,t�; w ..=— :
<br /> E ¢ 11. TWfrower Not Rclensed; Fbrbcoroncc by I.ender Not e Wnirer. Extrnsfon ot the �imc of pa�ment or T ,,,,-- --.
<br /> :.y1���f 5"z`` modifica�ion of emonimiton of ihe sums xecured b th�s Securil Inztmment gmnted by Lend:r to any successor n iNCresl �ir�,s, �1�r--� �.
<br /> • ti r:s(er,l'T` Y X 5��; .
<br /> ::yV{,�+�,(�R(c of Rottower shol4not open�c w rclense�he liability of�hc origmal Bortowcr or Bortowcrl successor in imercst. Lender „�'-;�:_.�°�`=�-
<br /> - 1r'"r�6�r�r• ahell no�be requhud�n commence proceedings agnins�eny succex.or in interes�or rcfuse io en�end�i�re for payment or ;�� � M- ..�_
<br /> - ' `rl'v o�hcrwim modify amnrtiza6on of thc sums SCCYR(I I1}'IIIIS Security Ins�rumcnt bX rcason of miy demand mode by Ihc t^,�� �,.L,4;y� �
<br /> c�;et��'�?�i�i�•i:; - -
<br /> �Fr��,i�4!�'t� no86ofla wai crof or pm lude�he exercise of any n8ht or rem d�yflmnce 6y Lender m exercising eny righ�or remedy shall ;! s ;
<br /> ( --- i 1 IZ. Successore anJ AssIRm Doundi Jofnt enJ Sererul Lixbilify;Co•Signero. 71ie eoyenants and ngrcemems of ;�.�p� i '`�:.'-
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<br /> -, ir,- ;i;!?A� this Secudty Inswment shall bind:md bcncfi��hc suttesson and assigns o(Lcndcr and Bortoscr,snbjcc�w�hc provictons ---t.--�'r-�-'
<br /> -�,�+�,,,,�; of Pure m h 9.b Durro�ver's covenams and o aememw ahall be oint and sevc�al. An Oortower who co-sl ns�his �"i"O"�`���C�� "'`��
<br /> �y7� -';q; Sceuriry Instrument bm dacs not caecutc�he Nusc: (a)ia co-signing�his Security Ins�mmeni only�o mongngc.grant and '��';f�t��-'�1'".��-
<br /> -.-t,--_. com•ey�hat Uomnrer4lmercst in the Pre{tny mid��r�hr mmis ofihix Sewrity InsuumenC(b)is not personally oblige�ed�o ;1�� (,�`,}y�.;,�,_;
<br />. r,_ �. .! ,;�-�;; pay lhe sumx secured by Ihis Securily Insuumem;and(c)agrces thai Lender:md onY other pon��ver may ngrte to exlend, i r� f, ���;.r:.
<br /> - 5 {;,':k mod�fy,forbeu or mnke any accommodaiions�vi�h rcgard to the�emic of�his Secun�y Instrumem or�he Noie�vithom Uia� ;�; � t�, �
<br /> � ' - �r': porrowerkconscnt. ` � �Y°. -
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<br /> ,T ` ;� 13. Notim. Any no�ice to Rurrox�cr provided for in�his Sccurity Insuument shnll M given by dclivering it or by i�f' � ki:�Fp;N ;
<br /> mailing ii by firs�clar.a mail onless applica6le law rcquires use of:moiher methcd. The na�ice shall be directed w�he .,� � _:_..
<br /> , E -. Propeny Addrcss or nny o�her addrcsc 6ortower designa�es by no�ice�o Lend.r. Any nolice�o Lender shall be given by �� ���-,:.;-
<br /> �,-,:'�' (rs� clus mail �o Lenderh address s�ated hercin or any addrcss Lender designates by no�ice w 6orto�cer. Any notice _:p . `SI�-����
<br />�� � � �✓,'� _ Providcd far in�his Sceuri�y Insuumcro shall hc decmcd�o h:ne Ixen Fiven�u Uortou�cr or Lendenvhcn given a+provided _ ;�.�-..'1,y�tA''
<br /> - �. m ihis parapnph. - j•='S''
<br /> - 1�p :,,f 14. Governing LnN;Se��ereblliht 'lliis Securiiy In.trumenl xhall he govemed by fid.nl law and lhe law of lhe - t:i�r
<br /> � "� urisdic�ion in which the Propeny is loca�ed. In�he erem �hai any provi.inn or dau>c o!ihis Saumy InswmeN or the i"'o �t� _
<br /> -_-.,�°- �ote con0icls wi�h applicable law,wch con0ic�sh:�ll noi a(fca n�her proviciom of d�i.Scruri�y Insuumem or the Nme �.;;� : -
<br /> '`�" �vhich can 6e given e(tect��i�houuhe con(liaing provision. To Ihis end Ihe pruvisicx�s of Ihis Security Inswmem and Ihe 7:1 ' , --
<br /> '��'. Note om declarcd lo be xeverable. i.
<br /> � : L'� .. �.�;.
<br /> . i5. Florro�rer's Cop���. Durto�vershall be giren one cmdormed copy ufihi.Securily Inumm.m. � . _
<br /> j{' IG Asciqnment oi Rents. 6ortou�rr uncondnionall�'ao�yn.and tran+kn m Lender all�he rem.and rcvenueti uf�he -' t ;�,�_r,_
<br /> �,, -- " - Propeny. 6ortower authorices Lenderor Lenderi agenn lo cullecl Ihe rcm.;md rtcnme�and hereby Ji�ttts each lenam of �:(��• .,� -
<br />- .�' Ihe Propertq to pay�he rcnLC 10 Lender or Lend.rk agtm�. Hmrcvcr,prior ln Lendar i no�icc l0 6ortmctr o(13nrtoxrrS ' :•'.�"'
<br />- bmach of any mvenam or agreenmm in�he Securily Imuumen611ortoxer�hall collrn:mJ nveive all rtnts and rc��enue.of . y. -
<br />" _ " the Ropeny as Iruslee for the benefit of Lender and Ilorto��er. "fTiis a�vgnment of rcm�eomti�uces an ahmiute a�signmem
<br />� - - and nd an assigmncm for addi[innal securiiy unl��.
<br /> - - If Lender gives nolice o(breach�0 6ortoua: la)all rcN�meired hy Uoero��er.hall h hclJ by 6ortmirr a.w.tee
<br /> _[��..A��....1.. ��M nM1:nA I�Ihn��tnfc w n•A h\'I�Ir SI'fllnl\ �Il\INI11CIl�:1�11 �1•Ildl'I J1:1�� �Y C(1I1��Cf� IO _ _.
<br /> �)�...v���. �
<br /> caliwl and rceeive all of IAe renls o�the 14open):and(c)each�cnaN o(the{4o�xn��hall pay ail rcnt.due:mJ unp�iJ w �. �
<br /> � Lendcr or Lendcr4 agcm oo Lcnder4���m�en dcmanA in�hc�enm�.
<br /> •�:r_.a*�; ��: 6o�rox�er hu nol execuled any prior assignmcnl of�hc rcN> and ha.nol und��ill noi�rfomi any act thal �cuulJ �
<br />� �- -� '� prevem Lenderlrom cxcrcisin�its nghts undcr thiz Paragraph Ib. I
<br /> - -,(:r`•:��:.;. Lcndcr shall not bc mquircd to cmcr uFan.�akc mmml o(or maimain�hc Rupcny hfom ur after giving notiir of �
<br /> :�' � � ��. : bn:ach lo Dortowcr. Hou�evcr.Lendcr or u judi[ially apPoimcd rccefver may do w al :my limc�hcrc is a brcach. Anq �
<br /> - ��� _,r appliwtion of rcnts xhall noi curc or waire any defauh or mvalida�c any utLer right ur remedy uf Lcndcr. Thi.a..ignmcm I
<br /> ���'„+���' of mnls of Ihc 1'ropeny shall letminatc x�hrn thc debt.ccurcd 6y�he Securily�Imwmrm is paid in full. `_
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