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<br /> -�.s��Y £ : - - - — �"�'� ,_ _— ___P_�- - _ � -_ .
<br /> ---_ t- ; i-- ' ,
<br /> _���ro:�._� � . � 91--= os 6�
<br /> -- � i �4
<br /> � p�ymaxs.�rA�are ief�d to in P�agapti z.ar�age tLe am�ot of suc�psym�. any e:c�ss p�aoeeas rner ia
<br /> �name mquized w pry all o+us�ndin8 indebi�aa�s t�N�me�o;!dus scauicy b�sunmeist s6av bc pala w ti�e anity
<br /> � tt�li e�itio�tbetetb. . ` _ .
<br /> �Fas Lendes msy�ooitett fees and chugts sudpori�ae8 Dy tt►�Sa�tY•
<br /> � • �Gra�s tar Aaodc�nti�a atUebt. �����w thc c�se of psymeat defaults.
<br /> (a�OrharH. 1 eade:maY,cxaept as limitod by reguisaoas�
<br /> < , r e q u i r ei�edi�tepa y m e r�t in fail of ail sums sxurad Ey ttiis Secutity�nstrument if•.
<br /> - --- _ (�)$�imwer d e ft�tits by failing m pay in Cull�ny atonthlY paYmeni�l u i t e d 6y t his S e c i u i ry I n s u u m e n t p r i� — ---
<br /> to or on t6e due dgc of the aext mamhlY WY�'� w at� athes s�bli uti�s t�orairxd in tlus . �
<br /> � (iil Burawer defaalts by fa�ing.for e pmad of chiny daq� RTfom� Y 8
<br /> -�sr (b)Sa��o�t�Cr���A�p�os�l-I�end�r s6al1.if permitted by s�plicabic taw aad wit�the prtor approval of the —
<br /> ._� — . Saretuy.ie4uiie imtt�ediuc paymeru ia full of alt the s�ttns seczued by this Senuity�i�
<br />.:,� ti)�A1Z ar pact of tbe or a be�eficial finces�st in a aust awn'rag aI!os part of the Praperty.is sold or .
<br /> otbetwise tr�sfaiod f�bY devist or descent)6Y ttn Bamowa:and
<br /> , ar
<br /> -_ • [u'�7'tie Ptopeny is nut acct�pkd bg tls�purch�ser or paniee as his ot ber p�i i e c i p a l cesideACe.ar.the�Sa
<br /> �,�t,. ot g�anue do�s so oc�vpy ttk Ptopaty Mu h�s or her esedit hu not becn approv�-in accardance
<br /> '"``�. . with dse toquitertKrtts of tht Sucaary.
<br /> --_- _ f�R1 No Wsker. If cs�mspnoes acc�d�at a•o+ild peasut l.endet to tequite immeaia[e p�ymens in tall.6nt Leadef --
<br /> � i _ dc�es not teAuire sach payrtxnts,Lsader does not waive ic4 rights with tespect tn subsequent events. —
<br /> � Edl��ar jnrn sec�ary �ma,�y c�+u,�r,�re�ai�;�ea ey�e semera�y win timi�r.enaa s
<br /> . . `" ' rights.in tt�e case of payment defaults.to nquire i�nte�iate PaYment in full and fareciase if not paid 7his ��-
<br /> ;: 8h .
<br /> Security Insarmrant daes not autbonzt aec�eterauon or fm�tosun if a�trtt permiued by regu}arions of tix Secretary• ��:__�__
<br /> - (e)Mort�s�e Nd tesnred. Boirower�grees tbat sUdntr�t�is Secvtity In.s�unau and the note sectued dteceby na[ _- ___
<br /> be elig�'ble for uuurance under the Narional Housing��vithin 90 D YS fmm the ��
<br /> �s,� -
<br />_ , date drneaf,l,endet may.at its option and notwiths�ag anYthing in Paza�ap�9,requue immediate paymet►t in �.--
<br /> nd
<br /> - fu11 of aII s�s secu��this Socurity InstmaeaL A written st�eat Pf a�►y aathoriud agent of the Sccteta�y �_'_�--
<br /> ��' ` � "
<br /> � dated s #m 90 QAYS from the d�te hereof,declining to�ure this Savriry ���--.-�,
<br /> ue
<br /> Insmunena�i?.+r_rtate se�ued thercby,shall be deemed concI�e�saof of s�cch'ineligi'b�it�_ i�atwithst�sding :.x
<br /> �_��'�-
<br /> - the foRgauiQ,tt�'ss a&ao�¢�yr not be exercised by Lender when the unava�'Ia(sx�ItSr of'�-�na.ace as so2ety das bo y�.—
<br /> ��i� ; . l.ender�s f�ta r•.�2��ortgage insurance piemiurn to the Secretary. :�;,�{'��
<br /> _ . ,.f��,;; - IO Re�,.'�4..�srOwer has a right to 6e rcinstated it I.ertder has.reqaimd i��a y�ayment in fuU because
<br /> � of Borrower's fa�u�e¢o p�'7 an amount due under the•Nate or this Securitg t�strument''i'itis nght applies even after : -�rs^�
<br /> -� ffosrawer shaU tender m a lump surn all '`•' —
<br /> ',�• fonetosure pmoea��s are instituted. To reinstate the Securiry Instcum��. ":..���� :.r, -_-
<br /> , - ',.. '*:'' anto�:ts requited to Cs�Burrower's account eutrent includ'mg,to the extenu tf�y an ottligations of Bormwer nadec t8is -. . „�;:•,.-
<br /> Se,cacity�Insumnea:.fareclasun eosts and reasanable and custamary attorneg�.'f�es and ee�nses iy associased aiti� _��:�n•�',.,�:
<br /> ,,�v��--
<br /> • � - . ttse far�closure pra�iing. Upon reinsratement by Borrowev.this Security Ca:�turaen[��die o ligations that it secm�es �-";��..�.--
<br /> . ,' � f , shall remain in effect�s if Lender had not reyuire,d immediate pay7nem in fati. Hawever,�der is not required to pennrt , f=:z:'�;;=?y'�^-.
<br /> � � r�`�� �• remstatemem iF. (i,Exnder has accepted nnnstatemrnt after the eo�t of foreclosuse procee4in�s.withia twa �:- •�:��`•�. T_
<br /> z..,�v-::�
<br /> , � .,�. , ' • years immediately�eding the commencement af a etureni farertas��r�iceeding. (ri) reinstate�stes�aill prclude ,.;.;.r:�;:w� �:��
<br /> foreclosure an differeni grounds in the future,or(iiii reinstatemeni wiIl��aa�:fy affect the priority of�?tim cceated by �{�-': -,:�,�g�e�,;
<br /> � ' �',-�.'�'� ;.. this Security Instrument ..� `•,',,�',�',:-
<br /> �1. .-�. __
<br /> '���.:. t--
<br /> 11. Borrower Not Rele.�: Forbearance by I.ender Nat a Fr'ais��r. Extension of the time of paymern ar ,_�;[•,,;,-•-�i�--
<br /> ,- .i.',:.:,:s,.t;�(i:,;;:�.�'--
<br /> ' - madifcation of amortizaaon of t,...r�"ns secured by this Security Instrumert;�nted by L.ender to any successor�n mterest - •.•�Y•,.;,;,„s 2,�._:
<br /> ��� of Borrawer shali no2 operate to r:��se the li�;i2y of the ariginal Barra�'+�r Boaower s successor in interes� Lender .� �. '. f :f• �r i j---�
<br /> , -` shall not 6e rec�u3re�3 w eommence proceedir•.�n;���:ast any suceessc�r in ewr�-���r refuse ta e�ctend time for payment or ��:.. ,;,�. ...;___�'
<br /> �:+ - otherwise rr�od�ty atsEVrtizatian o f t he sums�ec-�.��.'�3 by t his Sec u r i ry I n s t r e:r e a z b y r e a s an of an y demand made b y the . .�;.'; ` '..��-� _=='--
<br /> ` origina!BoTrower oT Barrowes s succetisors in iru�s� Any farbearance by l.ender in exeri�mg any right or remedy shap �,�°7{,�,4r'''`--
<br /> - ,-. . . not 6e a waiver af or prectude ehe eaercise of any�:�.�ar re�r,��, � ='-�l,��;�',�`.�:°•
<br /> �• '�•�`�`���= , 12. Successors and Assigns Bound;doiAt aa�Se��r,�G C�abflity; o-Signera 71�e covenants and a : '`�'��`�
<br /> . � . ,.... .s ,.. C 8reemer.�af - " 'h���;U�+..: t�f-:.=
<br /> ,. 5't; '`��_1•- this Security lnswmcnt�hall bind and benefit tha s�,xe��a_:�u�acsigns of Lender and Borrower.subject to the prov"is�ons �;` ;`
<br /> •�.��; ::.�_''_": . o f F a r a g r a p h 9.b. B o r r p w e rs c o v t nants and :��''�et:�=s`.:.',be jo�nt and sev¢ral. Any Harrower�:1�o castgns this ; ,�._3�''T��;-
<br /> ' ''' ;��5. � = Securiry lrrstn�ment 6ut dces not execute the Nc.: Ca)is cEi-si�ins t6is Security Instniment on ly to cu+3�'�;�s.pan t an d -'"�.��°•
<br /> .r�. . , ::
<br /> .� '�'.. convey that Borrower�interest in the Properly under the cer,T'cti cF this 5crurity In�trumeni:(b)is not pes�+�s�ily.obli€:r,�.3 to ``' . ,� � ..�
<br /> �-=, pay the sums secured�y this Security Inctrument:and(ci��.�Ihat Lender and any other Bortower r.�:.;�;,.�,r.w Er��d. • , ,• �.. .. �� �r
<br /> {,;:. . m o d i f y.f o r b e a r o r m a k e a n y a c c o m m o d a t i o n c w i t h ce g a r d���'�s t e r m s a f t h iy 5 e curit}•(nstrument or the":Vbte�itiiaut ti�at `, �_;.,?�r,h.;�,.•.���`�,'
<br /> �.t;�- Borrowerc consent. •:�'�''�' ---_—
<br /> �, 1; -.�-..----
<br /> " ` � `` � 13. Notices. Any notice to Borrowet pr.��tc�dd for in this Securiry Intitrument sh2�?l[�given b-,�w;livering i�or by - � � �--.•�-=�
<br /> �. ,.,.
<br /> ' � _r - '-� mailing it by 5rst E}.:::;s mail unless appficaEle�::;requires use of another method. '6'!*.e.�:a6ce�ha1G L�directed to the � � ', ��'.
<br /> � 3���. � PropeAy Address ar acy other a�d:es�Bnrro�e:designater�y natice ta Lender. Any slir:�:�ta Lender yhall be given by . _
<br /> frst class mail to Lenderw addn:�s�: �t:�.rert herein ar any .vS:it4:s l.cnder designatcc b�� rioi'n:c�o Banawer. Any rustr:e � '. . `..�►:;,.
<br /> • „y;:+'��;�;�'� p • {;_
<br /> �•.�:;4c41,.':' ` t�-;.,; .
<br /> • . _F: : , - proviued for in this Security Instrar,i:�;+':9�;3I1 be deemeci to!ta:•�been given u�t3ormKCr�x l��nder when given as pm••id�.Q i. • : . ' '
<br /> �t , .; �-�'�� ' in Qt�y paragraph.
<br /> t '';;j . . t4. Goveretu;g Law;Severability. This 5crurity lntitn�ment shall i�,s��s�cmed by Frcicra! lau :�:-td the law of�he �
<br /> ' ':•yz • . jurisdicrion in whi�r Lye Pr�periy is Incated, in thc c�•cnt that any provi�.i�::+�nT clause of thiv Securry°in�trument ar the
<br /> � . Note confliets wiiit :��;plieable law,tiuch canflict shall not;�ffect nther pro�:>�unti uf�hi.r Securily l��v��i�r�nt ar the �Iote � •
<br />_ • '. '" �>,,�� whicri can be gitiea�eFfect withaut�he canflicting provi�ion. Ti►thi.r end Ihc purvitii�im of thic 5ecurity�Instrument�td t.he F
<br /> '-�'���` ��• Notc are deClated ta be scvcrabfe. � � •
<br /> � � ';:f,l,,?�:1�f�. . : . .,
<br /> •�<<�-r�!;,`. 15. BorroKer's Copy. B��rcowcr�hall hr givcn onc confummd copy uf this Securiry)mt:vmcnt. � .,�;;;.
<br /> 16. Assignme�t of Renfs. Hon�wrr unec�nditionally a�.i��nr anc!tran�frr.tc+Len�S�.��:,li the rer�rs and revenucs��f Ihc � �•,;,;,..•„ '
<br /> ' � :��� • � prupeny. i3arrowet authnrite�Lender�+r[xndcr�agent�tu rc�lle�t the�crrt�;ir,�i c��v��;u��::,::�hereHy di�t,�:ry each tenunt of ':;;'St..;,:;,
<br /> � '��i, .. the 1'raperty tu ps�:the rents tn Lendcr or Lcn;,�:�-',agc�u�. Nuwcvcr.pnor��r t,�.mCcr.'� nrvr;,e to B��nvuur oi 8nrrawcr's • :,�;.;;;�; ..
<br /> . :.t �;, . • ; �.
<br /> . •' '� breach osany ruvrttant or agreement in thc Seccni��InsUUmrnE.Hurtu��er�t:.:il ca;tect.il1d receive alt ref�tw and revenuea of ' ,.��...,,�•;:
<br /> � �� . • the Praperty ns truvtec fnr thc l+enc��uf Lcndcr a„ii Bnrrua�r. '1'hi�a��ignmrnt c�f rur.��.:+���:•:inucs ao atnnlutc s�c�ignment �
<br /> . � :` : , '� . � and not an 3scipiment fot addi►iun:�l security oniy. , '`';.�''': .
<br /> "` � If Lrrsder g�vev no�icc r+f brcach tn B�muNr��- i:+i.:1F rL;�i�..r;;ccived h��H��m�wcr shaU be hctd by Bartmvcr u�truxtee � '
<br /> r.::•,� ��;.��,-�.:-',. �`,. - �
<br /> • '�'�:�``��'. ` • far iienclit af l.�ndrr unly.tv hc 7pplicd tu the�,�?n, v'ti�:*i:�ny thc �c�+.i,�y fnstrumen�: (bl(.cndrr�h�ll bc enlitted to .
<br /> �:t[;:
<br /> � •�.,• � -- cultect.m�!tec�eive all n{'the rents oi ihe Na�p:rn}; :;���k„�i-c-�:i tci�:int�:c'+t�C Prapeny shall pay.dl tent��lue and unpaid tu _ , .,.
<br /> , ' � -� � '� , Lender or Len�ier's�gem nn Lendcr's�vritten dcn4n:d;u�?:4 i�:�iw�t. � •
<br /> • � '';`•;�`•' �lun�wcr haw not cYCCUtcd an �.r a«l t�,t'd��.:':ntti anJ has not and�cill ni,t pert'++n»:u�y act that wou1J �.
<br /> . '�_%�,�;,,;•;..,,, � Y P�► �M''°
<br /> • !,:_,�;�''.' prevent Lender fram excrcising it�nght�undrr th,�Par:igi.r�� t6. "
<br /> ,.
<br /> -_ _ --=- l,ender shall nat tr rryuired to enter upr�.take c�ntr�l�t'�+r maintain the I'n�pe�y 1xf�+rc ur.�Rer giving nutice nf ;
<br /> ' ;;:-;.��__ __�______ breach to Ba�rnwe�. Ho�vever.Lender�.r s pi��_ia11y uppvimed receivcr may�fo so at :my time there is a brcach. Any � _ -___- __
<br /> _ ..
<br /> . •;�;;�;=; , aypiicvtion of rem< �hal}nat cure or waive an��;iaiauk ur inva)iciatc any uther right nt remcdy�+f Lcnd�r. Thi�.�ssignment � ,
<br /> _.�.:_:,::,.:�.-:��_;-���:.�._-,� �f tents of the�re}�rctv sha!!tcminate ulacails<<�eM tecured t►y thr Scctuiry Instromcnt is paid in full. ;
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<br /> � � �po�e?��I J puces� •
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