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<br /> � CECCSS p1D0�S OYC7�1
<br /> ." PaYmrnts►wAich ait� tefet�td to in 3.or ct�nge the au�taunt of suc6 paY�-� Y
<br /> qmotmt mgui�ed tapay atl outst�ndiag�u��s undes ihe l�tots and tttls Secunry Insaumaat shall 6e patd tn the entiry
<br /> �— — � [�ga12Y ent►tkd�aeto. ' • _
<br /> ;-�k��Y �ga S.Fees. l�endtr may collect faes and charges euth�iud 6y the Secretary. ; -
<br /> ` 9 Cra�ds toe Acce[�eratba dRe6l. �
<br /> _:�„ .;. la)DefaW� Leader may.ex�pt aslirnited by resulations issued by the Secretary in the case of Qaymau defaatits. _r
<br /> - cequue immodiatepa�yrt�ent�n fuit of alI swns s�by this Secwity�nstrameni if: __
<br /> � (i)Barrawer defaults by failing ta Qay u►fuli any monthlY PaYment re4uited by dtis Security Ltstturnent prior _
<br /> --- __:-�„ to oron the due d�teof ttte neat maaihiy gaymr�t.cEr _. _
<br /> (ii?���M��bY��for a peaad of thirty days.to pesform any ottter abligatians contattxd in this
<br /> - 5ecuritgc�natruntent�
<br /> -- - - :��::� • (b3 S�tte.WE!leaut CrediR Approva?. i.ender 6ha1t.if permitted by applica6le law and witb tde prior appmral of the = - -- ---
<br /> - Sectetary.tequire imrt�ediate payuient in full of�Il Ihe sums secuted by this Se�vrity Instrument if _.
<br /> `� ' ''.. (i)Alk aos.part of the .ot a beneficial interest in a tnut.araming alt ar part of the Ptuperty,is sotd or _
<br /> _..�,:i athaWrise�ansferrcd(o�an by deYiSe or descenty by the Barrower.aad _
<br /> ' :" (u)7lje ftope�tY is not occupied by ti�e pa�haser or gr3ntee as his or her principai residence,at tix putcDaser �_,.
<br /> ��:, -': or grantee does sa occupy the Hvperty but his ar her credit 6�s �t been approved in �ceorda�sce �--_—
<br /> . �. wi t b t h a r e q u i r e m e n t s o f N e 5 e c�y. �'�_----
<br /> •.;�^i (e)Nv VYaiver. If circumstances occur that would permit l.eader to�equire immediate payment in full.but l,ender �,��--�
<br /> erm eq
<br /> : da�not requine suc6payments.l.ender�aes aat waive its right�wut�iespect tu snbseqvent events. ��---- —�
<br /> .� ` (d}Regu�atieos ot RUD Secrsmry. �n.man}c�rn.stances regulations issued by the SeQetary wiU limit 1�nder's �._
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<br /> , dghts. in the case af payment defautu,to regaim immediate payment in full and foceclose �f aot aid. This `,��-_--
<br /> �°;=:_.*,:':i��";. Sec�uiry Iasbvment does not authari�e acceleration or foceciosute�f not permitted by�egofasians of the Secrctary. ,_,� �
<br /> � -
<br /> - "'�''`.''�';'� (�)14t4rtgabe Not Iasarea Qomower agcees.that shonld this Sec�ity inshvment and the rwts secared theneby not �-_
<br /> �,. sdvm '�±�:;.�:�'�-
<br /> '�;:;.��.�: 1n �� _
<br /> - • , '_"`� . 6e eligt'bte f�rr insaranc�imder the Natior►al Hauaag Act within fram the r `�
<br /> . . ������, . _ ' � , 4,`., —
<br /> _.,,,�,c''- date herso�•�.ea&c may:at its a�tioa and notwitbstanding anytYtin�ia.Paragregh 9. uue im�ate payment in .���- .�
<br /> . •� r��;��,.' �� full of aU surns s�ecsred 6y Sec�uity Instnimen� A written sta�emeat of any authorized agent of the Secretary ;���'-
<br /> �;�;;:,., �.
<br /> .�.�s.� � ;.�.�, •
<br /> _ :��"'•;;;<� - dated subszquent to Q J imm che dare haeaE dectining co insurc this Secarity :��''J,; —
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<br /> ''t�;;;:•a:r,.• , <. ,�`�r�
<br /> ,. Insuument and the nat�suured theceb .shall be deemed conctusive proof of�aci�ineligbility. Notwithstanding •r,,;,?`��;';;:�
<br /> . �,h .._, .. _ m��&�zs��.�y�(�eaercised by.leuder when t�urtavaila6ilitq of insur�ce is solely dae to -:;�_�` =
<br /> ••.'G.Ii . : . ..r'•Y_..J�.___. �-.:
<br /> -, '�, . Lender's faz"Iure to rcmit a mortp.a�e irrsuiancc premium eo the Se�aec�ry. .
<br /> 10. Reit�statemea� Bosawet has a dg�a.to 6e reinstated if l.ersder has required immediate pa��raent in fu11 be:�use , , , ���
<br /> � ` af�crrower�s failure to pay an amount due urtder the �ace ar this Secarity Instrumen� This nght applies even after �;, -::,:��;Y-_• �
<br />- ,�'��; � fcn�t�sure proceedings are u��tuted. To reinstate the S�s:ry instrumen� Borrower shall tender m a lump sum ap •<+:,,,�,•<. '"`
<br /> . .�' :':";=�;a.t�.,. ': '�(�` � acas�nts tted to 6nn �m�s�saer's aceount cvrrent inetu�- ra the extenE they are obli dons of Barrawer under this '� �i;�;;%�:, '"�=_
<br /> r dm�. &� �-:,;: r , ��
<br /> Security l�ument,fon.setas�e costs and re�anabte and ccs'.e�rary aunrueys'fees and eapenses properly assaeiated with ,.';,.f��y#''r.
<br /> ,. �;;1s �`� " ' 1he foreclosare ia U n ceinstatement 6y Borrower.tius Secar_"ty instrument and the obligaaons that it secures �W�t�,✓� ` .�-"
<br /> .� ' ptuceed' g. po �,.
<br /> ;.r!�� ;�� ;• ;;.';,; , shall remain in ef€�ct as�f L.enderhad not reqaimd immediate payment irr t�. However.Lender is nat mquired to pem�it ts., `s :��• ' ; _;-- _
<br /> � ,' , :�� , � �,: reins'�atement i� (i)l.ender I�as accepted reinstatement after the com��;ement of fotectosure proceedin�within two ��?,,:.`;?y,,.. � '�—
<br /> �: �; yeass immediately preceding f h e commencement o f a curr�nt fa f e ctosure p r a c e e din�. tii) reinstatement unll precSude ��• ' �� �dy�F, '� � .
<br />: . �'?�� Zj , � fotrctusur�on diffenmt gmunds in the futu�e.or(iii)reinsrat��nent will adversely affect�k�e prioriry of the lien cn�by � '�t y�3� 4 �;;:
<br /> :�� '` �i;`. . ,. ' this Securiry Instrument. �' •_ . . _
<br /> ��'° Il. Borrower Not Reteased; For6ea�ence by Leader Not z ��':�ve�: Extension af the tirne af pa�csent or �; � _
<br /> �"`"-� ' • madifcation of amartization of the sums secured 6y this Securi3v l�s:ryrx�rt granted by Lender to any ssrcoessor sn interest _
<br /> •- ' �( � �• � � �•73��c.ower shall not opetate to retease the liability of the ari��sdt 2i°��k=r or Bortawer's successor+n interesr. Lesider , ;�?`
<br /> , '•:::f,'�,�t.; '"4 . s[r,�17.'mot be requiced ta cammence praceedings against an��cue:.�.:r s«s�terest ar refuse to extend time far�rag�or _�.
<br /> .. , ' 1 u�v^ument b rea5an of an demand made.�t the �' , .' �
<br /> ..._�':i tjj;::•;, ot}*.erwise mod►fy amartization of thc sums secured by this Secur.t; t : T=
<br /> _'�"���'�� �:��`• �% l� 'S�'4����� � ariginal Borrower or Barrower's succestiars in interest. Any forbearanc:+;:v Lenderin exercising a y right or remedy shall . _ ��
<br /> �`�' � �'` not be a waiver af or pmclude the exercise of any right or remedy. � �
<br /> i:;"�:?=�,:,:':'' .%..'" ., ' � _
<br /> `�';�•�t'�•%;�`�` �F'-f;,.�;';:`� '� • 1 2. Su�r.S aa d A s s i g n s B o u n d:J o i n t a n d S e r e r a►L i a b i 6 c�;k�-5 fi g n e r s. Th e c ov e nants and a g reements of , , �,.
<br /> ��"�f`�fl'.`��� �� '�` �'`�`� this 5ecurity Ir�7�s,u-��-;shall bind and benefit the successors and acsigns af f.ender and Borrower.subject ta tha provisions . . '.• � .
<br /> ,-•��� � :�.�,�r,r,;;; • . .
<br /> "'� `•� •�'�{;;`>� ,-•, of Paragraph 9.H:.. �'�'s_^:wera�:.avenants and agreemenG�shaU he joint aad �e�eral.. .any Bonower who co-s�gns this •_ . ,
<br /> ,.;_.;.::
<br /> :;,` ; � :? , . Security lnstn:::'�:��;ali��Ys�r�:�-�''ecute the N��te: (a)is ca-signing this�;:urity I��niir��n anly to mortgage.gr:�ie:nd ., • .
<br /> ,.•�,�`;r'`� ' ::i • coavey that Huatv;wr�'s interesv;:�'!:�Propeny undcr the terms of this Sec.ini; las:rwr•�:�:rb)is not penonally obli��:t to .��.. ,
<br /> ..•s;,,,,,�. .,_.�. •. pay the sums s:.��;�by this Security Imttt���ent::�nd Ic�agrees that l.�:c:�and any other Barrower ins;agmc to extend. �.,,
<br /> ' '��'�°���� mod�fy.forbear oi make any accommodati�4y Fa�th reg�rcl to the terms art'.:ic 5ecuriry tnsuumcnt oc�:�1ote withaut that
<br /> -;fi�;��;r� •�r'# . ' � ' .. . °'''�`
<br /> Bozrawer's•consero. z
<br /> , � '. • ,. 13. Notiees. Any notice to Borrawer provided for in thiti 5ecurity In�trument shall be given by delivering it ar by
<br />' ` ._ ,�"`• � mailing it by first clasc mail unle�s applicable law requires use of anotbe:method. The ne>ure�hall be directed to Ihe � .
<br /> • •• • . � Proper►y Address ar any othtr addresc gorrower devignat¢s hy nntice to I,ender. Any notire tn l.ender shall be given by s
<br /> ,:�: � first dass maii to Lender's address stated hercin��r any addre�s 1.eRdtti�;:cignatcs hy nmice t�Borrower. Any natice i ;
<br /> : . ; .,{ provided for in this 5ccurity In�trumem shall be deemcd ta have heen:��a�t�:�Horrowcr ur l.cndcr when given as pravidcd �
<br /> •� m this paragraph.
<br /> "�f� '.,�':�.;,�., 14. Covern�n�I.nw;SererabiNty. 'I'his Security In�trument.'�all!�r govcmcd hy Fcderal law anA the law�f thr
<br /> �'���f{��� -� jurisdictinn in which the Propc-n} iti lac:�ted. In�hc evtnt ih;u��ny prcci�iun nr c►au.r nf�hi�Security Instrument or the .
<br />' �'`•���1°,�}.,� Nate ctrntlicts with t� plirabiu i:�w. .uth cnnPict�hall n��l aficct���hcr;resitiuns of thi�Sccurity In��rumcnl ar thc N��te ,
<br /> � �,.,,,�,,;�,�,• p
<br /> , whtnc�un(x�i�ea effcrt withc►ut thc canii�ain�*pruviti�un. 'fii thi�cnd i1�c�ruvi�i�,n�of tbi.Sccuri�y 6nirument und the �
<br /> � . � Nate are dcclanxi t�:be!.eve�ubic. ' •
<br /> .. !S. Bo�;ti�:r"�s Capv t3�mowrr�hall b�_givcn�+nc crsnfurmcd copy��!�hi�ticc�u�ty Instsumeot. �
<br /> 16. Assi�*.�n!:x�t ot Etenl�. H��rro�ti•cr unrnnditionally:a•,i�;n�:+nd trxa�frr�tu I.cndcr all thc rcne.r:md tcvcnuc�+c�f ihc �
<br /> pro�ecty, Burc'�::e_:.r authnri•r.e:.l.�neter or IAnder:agent�m�,uiFect 1he r�nn und re�•enuc+and herehy diCCtis each tcnant of ,
<br /> the Property t��{:�•, !hc rcnts tu I.endcr c�r Lcndcr�agcm�. No�ccccr<,r.r�:;tu Lrndrr;nutire tn Horr��wcr of�artuuti7:
<br /> breach af.my cctven;snt eu agreement in Ihe ticcutity ln.trumenl.tiorr��u cr�!„tll cf�llec�:md nrrive:dl rent�and�«crur.r uf'
<br /> the Praperty as tn��t::c fiit the henefi�uf I.cneie�ittltl NuiTU«�l•r. �I'hi�a���i�!nment��f rem�con�titutes.�n c,hsolute�..ignment
<br /> � and nnt:u��tisignrttem fur uddi�i��nal ucuti�y unl��. .
<br /> : . . • lf Lendcr grvcs n�tice of brrach�u Iiorma•rr. �a�all rcnt�nrcivod b��Hurrc►wer tihalt hn c�ld h}'H��rrou•cr a.tru�tre
<br /> for bene�t ui'lxncter anty.ta he applicJ to dir�um. �ccured h} ihe Security Invrumcnt:Ih►Lcnder �hall he cntittcd tu
<br /> . - collect anJ teceive ull ui the�rn�•uf tLe {'n,(xrty�:a�id Ic i c.�ch tcFi.+nt of the Ymperl}�hall pay:d!rents dur and wtpaid tu
<br /> . . ' • Lcndcr��r Lrttder's u�,ene��n i.endcr�a riltcn Eirn�atid i�.th�r.n:mt. �
<br /> • g�tinowcr has na�cxrcu:rd:io� priur a�.i�,mncnt uf thr rcm�.�nd h:+• ni�t and u dl nuf perti,nn any aci that woulJ
<br /> � ' � prevent Len�ier Gam exerrisin�;rt�right�undrr t1�i.l:�raLraph t f+.
<br /> � • Lcndcr�hall nut hc rryairrd t��rntrr upun.t�Ac cunU��l uC�,r nt�mt:iin iltr 11�+peny !x tnre nr .iRrr gfviiiL nnticr i+f
<br /> ' � _ bre:u:h lu H�,n��u•es. ltu�ticver.Lendcr ur a judic�:ill} :�ype�inted receiver u�a� dv.o at:m� tinu Ihcre �•a hrcach. Any
<br /> � j �pjlll�d{ivil G�:iCdt�`;�1��ti�.Ctl:���:t!'..1.'.^1t:t}':�C�'.!11t ur in��atid:ete any oiher n��t+1�,r r�me�i4�of Lcz��icr. I i,i�a..i�iu�i.��i , -
<br /> � ��f rent�ut�ihe i'roperty�h�ll tcnninatc ttihen thc dcht.rcurcd h}•the ti�curuy In.iramcnt i.p,ud m full.
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