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<br /> ' ` ,`S ` '` =�; z..1a..�� � . ���+u�Y� .C—
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<br /> - -� ,� _ - . � ` � ` . � � � � 91-i Q���48�
<br /> � p�ynxnt�,whidi ue aefened'to in Pataigt� 2,ar ch�m�the�taamt of such paymeets. 11�'exoess pcooaedst over m
<br /> u�i�tu�dtr tde 1Vate and this Sxusity t*�„^�++s��p�id io:tMs mtity
<br /> - — , amou�rtt�uind tapay a11 autstaading• .�
<br /> kg�y enhtkd thereto .
<br /> �- i9. Fea. I.ender may oQ1lxt fecs aad c8uge�autl�ixed by the Se�etary• .
<br /> � 9. Graaa�+farAaode�tIuootikM. `
<br /> (i)DdsIL Lendet m�►y.eacegt as I�ruiud b�aguiafions issuod EY the Sec�etatY w the case of psymAet def�uits.
<br /> — � nqcuce immediue paymenE ia�'ull of all smms s�avred by this Securiry.laSIIUment if:
<br /> �-- C?Boaower ilefiuIts by failing to pay in full�nY�Y PaY►����1�bg this Ssctn'ity Inst�i�uctcat pft�
<br /> — W or on tHe dot date of tl�e ne�E monthIy pa}ment,or• �.
<br /> - Cri)Bariower defaWts 6y fa�ing,fdr a periad of thirty da3rs.Io paform any othes abligatiens caafuined in tids
<br /> Security Iasonmxnz
<br />°:�!' . ' @)Sak Wit�ont Credk App�+►val. Lender sl�all.if peimiued by�plicabie taw and wtth tht priar a�sv�}of t�e —
<br /> , Seciehcy,zequiot imma3i�te WYmtnt ia fall af all the stttns saucsd by tfiis Suurity Ins�urttent i�
<br />-�� . (i)Alt or pirt of the Pcope�ty.ar a beae�ciil interest ia a trnst owning atl or pa�t of d�Pivperty;is so[d as
<br /> otberarise transfeaed(othertha�t by devise adescent)bY tl�e Boaower,and
<br /> ��� � (U7 7Ue P�ope�ty is not occvpied by the pun�tra►ser or grantee as Iris ar ha p�iticipa!residence.or:t�te p�m�as�er
<br /> �6,� • or g�antes daes so occupy ti�e Ptaperty but his or 6er czedit hzs not ban appeoved 'ui;.acoaQ�nce
<br />' ' �.. . vvitb the cequuements of the Secietary. . .:
<br />` * (e)N�Waiver. If cu�m�s7was accur that aaald yemat I.endFr ta tequin immediat�payment in fidtl:butl�ead�r —
<br /> :•• _____
<br />. ��. dae��aau�q,uira sucb ymants.[.a�derdoes autwaive its Rghts vinth rrspect w subsequsnt events. —
<br /> a
<br /> :, : � (dI��. �9• �►many circamstances reguiatiuns issued by the Seccet�+wi'II E€mit.Lender's
<br /> �'- = rig�_�:+'�.�of payment defaults.to c�ec�aire immediate payment in fu11 �d foneclose if nat 'd.� This _
<br /> Y = ` �'daes nat aulharize acceleranon or fotaclosate if aat petmitud by agulations af t6�.�ttu7t• _
<br /> Sx��,•. .
<br /> ��'' � `- (e��tir��u'ea. Bamweragcees t�t shoutd this Security Insu�eat andtiteaate secu�3therebY`aot .___-
<br /> ��` ` be e�g�Se.�uisznance under[he National Hoasulg Act� B months . • �. �� '
<br /> .'` ' date'6��may.at its opdan and notwehstanding��ng in Pacagraph 9,nquire immed'iuLa payment in _
<br /> 4 ` �r��� fuil af at!s�s:�bY this Suunry Insuvmen�. A aTivai s���a€any authorized agent a�¢Rie Se�etary —
<br /> � dated s►ibs��� 8 months from the i�ice F►ereof,declining to insu�z.ahis Se�wiry �_
<br /> % ' �_:.... _ �a_=.
<br /> ,„5 Insn�,�a�u�`ie note secured thereby.shall be deerric�ara�lusive pmof of such ineligi6ility. Ndtwitttalac�ding ����
<br /> ;, . .. rF �, � the�cr�;ng,�{3iis option may nat be eaercised by l.er�a+��en the unavailability of insumnce is:�oiety dUe w ��;_��._
<br /> ;}-�: . : l,en�s failti.�t�remit a mongage insurance preRSium t�W���y. " �'�=�`_
<br /> -�•���- 1Q Rsiosmu�#:-",�orroW+er has a right to 6e�-tated if Lender has required immediate payment im.fuli because
<br /> of Borrower's failuc�a�-j�y an amaunt due under�I�e Kote or this Security Insuumen� 'Ihis nght apzras evea after �=�
<br /> = • `� forectosuce �.�.,,�,1:�'-F�e instituted. To ninstate t&e Securitv InsUumen�.Borrower shall tender in'�:;faaap,sum afl �--
<br /> ♦'s' s y7 l'•as.w"�.'o.-x{,`' �.�—_.
<br /> .3_ :_.'� �j, amoimts regaimd to Isra:g Borrower s account current inctudiag,ru�dze eatent they a�e o6ligatinns af Bcfr.�:,�=t undet this
<br /> :'���, • Securi Id.s�neat,foseclasure costs and masonable and c�utom��+:ttomeys'fees and expe���groperlx�uciated witl� �'�°�
<br /> ,u•:t,. ,;irs ty �_.
<br /> -�` the foredc��ptas:ee�7,�t Upon reinstatement by Bouawer.i�:sh.,�ecurity Inctrument and tfte��t�gsticrs�iat it sec�cies �:�
<br /> ;:�;;�"� _ • shall remaia in effet5 ���:ender had not reyuited Pr.m�...diate payfsient in full. Hawever.i.ender is nat se�x�i�topermit -_--
<br /> :�� `.i n�instatement if: (i1�eii�c has accepted remst�s���after the commencer.�sx u�€foseclos�tre ;cv:ithin two �1-°�•v_•
<br /> ?rl.+::*i.-: a � Prur.e�i!�b*, �.;:_--:--
<br /> - �., :,`-g�rs i�'�ad3atelY Ri'e?`ai�the commencemtzit.�l�...current farectosure ��as�n8- (ii)reinstatemeztt.s��I'�p�eclvde ��;�;�� -
<br /> �r: « :�•-'� .� , 'iurecta�rn different grounds in the future.or(iiiS s'einstatement u�ill adverse�y affect the pr,�anty of the,li�n cceated by . t ,.:�.
<br /> - rt�`�f t�lis SCG"'Ei]S;I1lS11tImCAi. � , i ��'
<br /> • •.Y�•:� il. Borrowtr Not Relea.sed; Forbearance by l.ender Not a Waiver. Extensian aE che tima.of pt�yment or :'�;��'"�I`' _
<br /> } �� ' A modiftcadon of amortization of the sums secured by thisSecurity lnstrument granted by l.ender to any suc�ssot�n inierest r !r ._
<br /> :.�� ,Y� of Borrawer shall not operate to release the liability of the orig�na l Barrpwer or Borrower:s successor in in t e r e s i. L e n d e r ' y� .
<br /> •.- shall not be requircd to eammenceproc eedipgs agamst Qny succes.car in in[erest or rcfuse to extend tima fnt ps►yment ar :: �
<br /> .. '°,�.,<'�; othenvise modify amortizarion of t h e sums secured by this Security Instrument by reason of any c4em�nd modc by the ;. � .
<br /> �E ori 1 Bo�rower or Borrower's successors in interest. Any forbearance by l.ender in eaercising any righUar remedy shall i;�
<br /> ,. �::�>. � �-
<br /> " . .��P{• nat be a waiver of or prectude the exercise of any right or remedy. � 1�(� : � `
<br />_ � �����s � t2. Sucoes.sas su�Kf%�ssigns Bound:loint and Several l.ia6ility;CaSt�ter9. The covenants und uc�cements oF ,,��{
<br /> ;"t•- r,, '• this Security Insuumerr:�iui�bind and benefit the s�.cv:ssors and assigns of Lea6ra�znd Barrower,SUbj2Cit01110 giOVI9tOi18 �
<br /> !�'S'`.
<br /> ��'' • of Paragrnyh 9.b. �mi+r.i:r's covenants and a�trn�:s shall be jolnt and se.�ral. Any Borrower wha coxtgns thi.s ?,.a•. .
<br /> K�,y•, �t Seeurity instz',:ment bui aoes not e�ecute the N�c'::. t:�l.is casigni»g this Seeuriry instrument anly to mait�pga.grent and tr,,�,r _,
<br />� � � ;`,f�- Convey 1ha213G►7ower's interest in ihe Properiy ur,LL�r�?.+.:.temis of tt,i�Security lnstrument;(b)is not penonnity obligated ta •;���..
<br /> � pay the s�an��sured by this Security Instrumen�:�.�.i:rc)agree�tl�;��.ender and any other Borrowet map_�►gcee to exterri. .1• •
<br />. � -r I•� mad�fy.fo�iiear or make any uecammodatio�is wi•1t.r�t°�d to she:��-ns of this Security Inytrumem or the AI'ote wFthout�t^�:, �::� ,
<br /> � o �e
<br /> � �ti . Borrowu's conscnt. . -
<br /> � 13. Notices. Any nolice to Borrower prov:�'I��`-±;�r in this Security Instrument ahaU be givcn by�ali�xrri�,f;�it ar by � �`' • . -
<br /> r t,. ` ` �
<br /> � � y�� � mailing it by first class mail unless applic:�ble la:::*�x�uires u�e of anather method. The notice shall bR dimeted ta the '',+
<br /> ��.x.:� .� Propeity Addrecs or su►y other address.C:�rrower designates by r.n:�e tn Lcnder. Any noticc ta l.endcr shWl be given 6; ''�t�_
<br /> a:• --�tc.j�.�� ;
<br /> first clacs mail to l.ender's addmss�.r:;tA�.herein.or any addresf `Lender de�igrtates by nati�-ra Botro�r.;r. Any nta4� •; "
<br /> - --_. .-_;;�;'' ' .?���"{��. provided for in this Securiry lnstrmr.�as�.�:�a31 be dccmed to have heen given to Banower ot Lr:-�:7 when given us pmvid�d __ __ ..'_
<br /> ' � •'''��� ' in this paragraph. � �
<br /> �t; :•.• .,�„�r. , . ��.
<br /> �� "`���� � '�;�1 ; � 14. ('•over^nieg G,u�s Severabitity. 'iTiis��rn, Instrument�hall be rrr��-;ed by Federal law ant!ttae t�a�o�the s�
<br /> ` � �� ' . . .s . jusisdiction in which tlu: i?n�ti,erfy i�tcez;:d, tn;i�,:��:nt that any pravi�ion�r�:huntie�i�his 5ecurity ls�ft�xcr�r,c���th.�e '`•'
<br /> ',: • y',''t',;f:;tii; .
<br /> ;. �' �''- •::ti���. Nate confiicts with agp[ica;te lsw.�.etcli'�:a^::i,:::a'.�.�si not:�ffect ccl'�7 provi�ior.s of this 5ece:rity Instrum�na or�[:e:`�`r.tu ,
<br /> ';:'�;;� '.,z;.: '°`.?;fs"� which ca:,Cze given effect without th�w,r,�.�;;S"s:g&rovisinn. To.l�i�.cT.i the prov;sionv of thi� 5c:�rity Instrymen�und c7w
<br />� ��';°�� Note ure dectared m be�erablc. • ..
<br /> ,. 1S. Bosrox�er's Ca{�g. Borrower�h:u i be gi�•rat.�i-e canformed cepy of thi5�ccrity{s�ctru�ment. '
<br />: . •�• ,. ,� 16� Assignment off Rents. 8orrowcr uneancU.iiimally s�ssigns and Irs+ntif'rrv w Ler.der all thc rcnts and r.r cnurw af�he • ,
<br /> - � � Property. Borrower authvrizes l.endrr os Lender�a�2+�n�u�cullcet the rentti and r.�Lnuc�.and hcrchy dircct:��:�:h tenant a f �
<br /> ' •• the Praperty to pay the rents to Lenderor Lendcr�agent�. Howevcr.prior tn l.cnder�natice to Hnnowcr•nf 1�uttawer�
<br /> . breach oP any covenant or agreement in the 5erurity 1nslrument,Hoaower.rhall c�llect and re.�vi••�all rvms ufld tavenuet of �1
<br /> r ` .., , the Property a�tru�tee for thc henefit of Lcndcr and B��rrower. "fhis:��tii�nmcm ui rent�contititutey.ui absnluto zissignmcnt �� •
<br /> . `-n;:• • : � andnotanass�gnmentforadditiunalsecurirynnly. �:
<br /> � _ __.. . If Lcnder gives notice of brcach to Hc*rrower. (al alt rcntti rcccivcd by Bc�rrnwrr�hall he held by Hurrmrer s�s Itustec �4°
<br /> . . for benefit nf Lender only,�a he applied t<�ihe sum+secured by the Srcurity 1n�trument: (h) L.endrt Sha11�Ne rntitted tn
<br /> � � � ' ' cutle�;t and ret�ive�U af the renss af the Prope�ty:�md(c)rach trnaEtit ut thc F1wpeny�hal!pay al!ren�:du:�und unpaid tn _;.
<br /> , l.cnderor Lender's agent on Lrndcr's writtc�dcmand ta�he ten:u�t. ;
<br /> ,, ; " Borrower has not executed any prior ac�igrtment of the rente and 6ay no1 und�tiiU nut perfum�any;ict that wonlct �.
<br /> . prcvent Lender frnm exerritiing its cighlt undcr t6i�P:.ragraph f 6. i:
<br /> ' � l.ender shall not be required tu cnter up�m,t:ike cantrul��f t�r maintain the f'raperty 6rFare��r after�!ivin�uoltcc uf '
<br /> -. . '" • ' breach to �nrrowcr. How•ever.Lcnder ur a}�cti:ia!!y a4+j+��imeel rcvrivcr�nay dt�.t+.�l�tny lime 1{trre i.7►htC;uh. Any_
<br /> ' applicatiun nf rents shall nnt cure�r waivc any drfault or invali�latc�u�y uthcr rigl�t ur semesly e�P l.cttdet. T11i�:���ignment •
<br /> ______, ,_ _�____.�_�_•..� of rentsof the Ropecty shall temdnatc when�he deM.ecused hy the Security Inrtrument iti pa�d in full.
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