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<br /> PAYS�p� �,WNr hf_9r�5A;��m in 7 « �edp�ma!n�oF.fs�ch P�yrtkM� �My e p�m'°'�n • <
<br /> �nR 1�l�I�N'1!fl6uUfur���jG�t4!KH�thONd49N1dfhi�,3ec�Ui(yJMMUmmtnfid�p41db1ikMAMy..` `
<br /> — bj�lly p��p . . . •
<br /> !.•�EMa,�l�; -'rm4yco�x' �i�;��.i+ldcluriwat[�taedby�haSxnluY. r,
<br /> !•;pr �AeaMr�tli��1�41:, _ ,
<br /> — ' (ra��!,ii1; Le��dsr m�y,eri�re�iLutud by rctutuime iisued by.�ha Scerc��y in Ua caeo otpymmt defwia;��- ,.-.
<br /> - req�'+)r�i �nedlofep�ym�entlnfullofalltum��acuredbythleSetudtyinylnunertih
<br /> — (ik„�qfkower dehulu 6y t�Ili��R io py In PoU�ny monthlXMYA�nt requitfd hY.thii SbcwiU'.�P�+'.'� -
<br /> —_ taMaltheduedeteof�lqnexttlfonthfyptymcnt.of. —
<br /> — t�a g�j def�ul�v by,fdltep.faa p[fla4 of thlny daye�[o perform�ny aher obBga�lon�conuined in this - ° _--
<br /> ��`N'���G
<br /> m?�i Ai thmr «dllAppim�l. Lenderfwll,lfpecriiliadAyappllssbielawandwhhqapiia�pprov�lot�he
<br /> Scerctary r�nqin��mrohdi*w p+Ymenlln full pf aI rhv sum.v sesurcd by�h�s SseurUy in.4wmen�l!i .
<br /> (1)q{tprD��rR f._ Property,or a benefiolal inxnst In�tn�s4 owning ail or paM oE tlw Proprny,r�solq�a..
<br /> - o�hnrw4r�t{apt�t�(Q[�rthtn6yQevisaordeacenp.bYtheBormWer,ond . .� .
<br /> (iia'�iq;Rn(�(irf,Y���hld»xnPied by lhe pytcAa.sc[9f.8m�tte es hl .or Aer priceip►�realdenco,or the p4rchascr'_
<br /> m�
<br /> or.grontr,a;c�({ks buroccuPP �ha Proparty but.his.or.her cr it has.not been approved in,ucordanw
<br /> - wiU�.l6Pae{�itlNlluntsofthe3ecttluy.: -
<br /> (c�NaKYrJx�r.:Jf r.trcumstances occur thu.would prrtnp I.cnder lo rcquiro Immediate pryment in PoII,6ut 1.tader
<br /> dawnqihq4(n��tuchpayments,[.cnderAoesnotwntvoicsri�huwithrc.cpGatoxubsa�ucntovrnu.
<br /> (dd,IRtg�rinih7�&of HUD S�ecetary. In manY circumstencea rcgutaiiona luued Dy iho 3arctary will Ilmtt Lender§
<br /> dgMp�.in.�An case otpayment dcfenl��, to rrqutrp fmmeAi�te paymrnt In fu11 enA Porcclose,ff not.p;id. 71de.
<br /> - Scenn,(y$rtrumentdoesnoteu�horirewalerenouorforeclosurolfnotpertnitted6yrogulatlonsoffbeSecrUery.
<br /> -----� (e}l}(a tgpge Not Insurcd. Bortower agrces that sh 8 Id thN Sccur(ty�am�n���is�d tM nae sm�rotl Aicrcby not
<br /> bu cll Sbie tor insmanca under�he Na6onal Housin Act wi�hin <<��� �
<br /> ' - - - ��te,hcreof.l.cnder may,et.its ogptlon end notwi�fistmdUg anything(n Pardgraph 9,require fmmMiete�payment In . —
<br /> -�-- Cull uf all sume securc48 ymDOthaudty Instmment. A written sietcment of eny amhoriud ngent ot tLo Sureiery
<br /> . daiad subsequcnt to from the da�o hercof,declining to insure thta Secwity
<br /> InEtrsment end the nme secured thereby,sAall be decmed mnclusivo proof of such ineligibllity. Notwitlutending
<br /> thn(ctegoing,thls option may not be exereised by Lcnder when the unaveilebiliry of insurance is solely due to .
<br /> Ir.ndnt§fallure to rcmit e mortgago insurence prem[um ro tho Secrctery.
<br /> -- IR��RtlnrAOtemmt. Dortowcr hS+e dght to bc rcinsiated if I.endcr lias rcquircd immedixte papment in(ull because
<br /> — of liorcowork Pallurc to pay an emoum d�ru under�he•Note or thb 3ecuriiy [nstrumenl. Thic�ignt opylies even aflar
<br /> .�..—= Poreclor�ant pn:cadinge are instituted. To reinstate the Saurity Instmmem, portower ahntl under in a lump sum all
<br /> — — emqnntw�rcqv�rcd to,brinII Dortowcrk aaount current Including,to�he extent Ncy arc obligntions of�Bortowcr undcr this
<br /> -� Sesn�iy�imarumenc foreclosure cost+end reasonable and cus�omary a�lomcys'feea end ex nses ro d nssocialed with . _ __ _
<br />---- r� r. x.r
<br /> __--��� �ha famdnwro procoeding Upon rcins�aiemem 6y Oofrower,thih Secudty Imlrumon[anA�he obllgations ihm i�secuiw -
<br /> --y-�:'��,+� shal6re,aun in cifect as if Lendcr had notrcq utrcd immediete payment in full. Howover,Lender is not raryind to permit
<br /> � =-�i-i..,�, rcinNn�r.r,snt i(: (i) Lender hav aeceqed reinstmement nfter iho rnmmencement of Pomclosun proceedinge wfU�in two
<br />-;��"�.°,y.-: yaus insmedietel9 preceding tho commencement of a curtent foreclosure procceding, Oi) reinx�etemrnt will preclude _
<br /> - - farccio:rore on differcnt grounds in Ihe fuwre,or(lii)rcinste�ement will adversely affec��he priodty of tho Iien crcnicd by _
<br /> ��` UIIFSttUfIIy(nstrumenc - -
<br /> IL Borroxer Not Releasedi Focbenrnnce by I.ender Not a Walree L'ztcnsion of�ha Ume of payment or �`���--� _ -
<br /> � ��-�:::` mqdify:ntion of emortizetton of tha snms secur.d by tlns Securit�Instrument granted by Lender to nny succeuor In INCrcs� ' ����.-
<br /> ,c'�r, �`�-��� of Dorznucr sM1all not opcm�e ro rclexae�he Ilabiliry of thc orig nal Dortowcr or I3orrower�successor in intcreat Lendcr ��7�r°;.A�:,,��
<br /> � shnil nnt bo rec�uirtd to commence praecdingt ugninst eny successor in inmrest or refuse�o extend�ime Por payment or "�{�_
<br /> Y
<br /> _ ahurnue madify emonizaHon ot the sums secured 6y tht.v Security Insuument by reuon of nny demond mnde by tha �� - -
<br /> odalnnl Dortower or 6ortower�sncmzmrs In imercs�. Any Porbexmnce 6y Lender In excrclsing nny dgtn or remcAy shnll � `.-.
<br /> nnl lru a wniver of or preclude ihe exercise of any right or remedy. t��� - ��.
<br /> , _ 12. Successors and Assigns Boundi Jolnt nnd Severnl I.labllily;Co•Signers. Tfie covennms and agreemente of j�r �� : ���'
<br /> _ thin yecuriry Insiiumenl shail bind andlenefit the succcsson nnd aszigns of LenJer and Borto�nr.subJttt�o the p�ovisions �i-.f ��� �� .fe�:.
<br /> of Pwagrnph 9.b. Dortowers covenants and agrcemems shall be Joim and acveral. Any Gortnwer who co-signs ihis C. a . �i,r -
<br /> ,�.4� S��cunty Inswment bui does mt execme�he Notr. (n)is co-signinB�his Sewri�y Insirumem only to mongago,grant end `t°lt +"(�Cj�{t�� ,�
<br /> cnnvcy t6m 6ortowcrb fntcrest in�hc Rop:ny undcr�hc�cmis of this Sccurity Ins�mmem;(b)is not personnlly obliga�cd ro '-. "'�_ :
<br /> .-_- pay the sums securcd by�Bis Securiiy i�uuamenr,and(c)agrces Ihat Lender and an�•other Rofroser maq agree to exlend, — � �.���;�A���;,
<br /> mndity,forbeu or make nny eccommoda�ions with regard to the temu uf this Secunly Imwmem or Ihe Nme�vilhoul Ihnl - � �fr�ixj �
<br /> " '- (LDROwcreCOttSOnL �� P•"n .f
<br /> ty �- IJ. NoNeea Any no�ice�o Borrox-er provided for in thi.Security Insirument shall M giren by delivedng i�or by � �`���`���
<br /> mniltng it by first class mail unless apPlicable luw rcyuircs use o(nnoiher methad. 71ie nwice shnll be dinxced �o�ha -.y.- ' ��'. t?4 � '�
<br /> Nopeny Addrcss or eny o�her addrcu Qono�eer designnleE by nmice lo Lendee Any no�ice io Lender shall be gfven by ���. L� sA�-r,':_ .
<br /> - firsl cless mail to Lenderk oddrcss s�a�ed hemin or nny :IAARSS Lender dexignates by notice to 6ortowee Any no�ice �l;p-;�?__`S.. -� � .Y
<br /> � P�ovided for in thie Securiiy Inewment shall bc decmed to hm�c bccn giren ta Uortower or Lcnder when given a�provided � - °' ���"-� �r•��`,
<br /> � °`c- ;, S� +-
<br /> �i:-.' m�hivparagraph. -
<br /> �. ;r. 1A. Goveming Lnw:Se�erability. Tl�is Scwri�y Imwmem shall M¢avemcd by Federal law and�hc la�v of lhc ; ,
<br /> urisdic�ion in which�he Propcny is laa�ed. In�he evem that my provision or cinux of�his Sewrity lnr.IUmem or the
<br /> ��,i�� �o�c con(licls wi�h applicabtc law,such con0ict shali no� af(cct o�hcr provisions of�his Swarity Instrumem or�hc Notc _��
<br /> - ,.:,��i% which can be given effrc�wilhoul the con�icling provisinn. To thi+enJ Ihe pro�isinns of Ihis Securily Inxtrumenl and[he - � . •
<br /> � "� Nmc are dcdarcd tu bc uvcro6lc. � �
<br /> __ .it�'ss . .
<br /> `:�Snt}' 15. 6orrov,et5 Copy. 6anower shall be given one confonneJ copy uRhi.Securit��Inxwmene . .
<br /> - ;,?=;� 16. Asslgnmenl of Renis 6ormwer uncmtdi�ionally m�igm and Iransfe`c to Lcndcr all�hr rcnls and rcvcnues o!the . -
<br /> - 5::,.!;�_ Propeny. 6orrower euihori�es Lcndcror Lender\agems Iu callect�he rcnts and re��enues and hereby dirccls each lenam of � , -
<br /> �'�' - thc Property�o pay Iht rcnls 10 Lendcr or Lcndcrt accros. Hoxcvcr,prior to Lcndcr\nolicc lo Bormuer o!Uonowetl
<br /> � - � brcach af any covcnml or agrcemcnt in thc Stturny Imuumcn4�orto���cr shall collcci and rcccivc nll rcNS and revcnues of . ,
<br /> - �- . ._ Ihe Property as uuslee for lM1e benefil of Lendcr anJ Uurtaxer. This assignmem of rcnts constim�es u�absolule auignmcm -
<br /> . __ , end nol an assignmem(or additional sccurity uniy.
<br /> If Lender givex nolice of brcach to�orto��rr. Ia)all mnn rcceired hy 6ortoxer shall be heid by Uortower as Iruslee '`
<br /> � fnr 6rnefit of Lender onlv,m M anDlieJ to Ihe aums securcd by the Securily InqrumenC(b)Lender shall be entitled to �
<br />_ _ i;,� eollea end nYeive all of Che rcmz of the Propeny;und(c)each ie�ivu uf the Nope�ry��hall pay all rcnts due and unpaid w --i:---
<br /> Lcnder or Lenderh ngem an l.endcr4�vriuen demand�o�he�cnam.
<br />._ __ _ _ 6ortower hu nm execmed any prior assignmem of�he rents and has no� and �riil not prdortn any act thal�rould
<br /> � - - - prcvem l.ender from excrcising i�s rightc undcr thi<paragraph 16. -
<br /> Lender shall not bc rcqumd to rnter upon,lakc mmrol of or maimain lhc Pmpeny before or a(ter giving nolice of � - .
<br /> ' � � bnaeh to Uortower. However.Lcnder or o jud�cially apPuinled rtccirer may do so at any time �herc is a bfeach. Any �
<br /> '� � . , applicalion o(renis shall noi eure or�raive my de(oull or mv;Jidate any ulher righl or rcmedy of Lender. 7Tis anignment . '
<br /> � , of rcnls of 1hc Property shall tertninalc when Ihc deb�ucund by Ihc Sccurily Imlrumcnt is paid in(ull. '
<br /> � ' . (NA�J•9�Mta1 _ . ..
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