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<br /> = p�yme�ts,which m cefernocE�ta.in Fam 2,ar ch�ege tS�.�i<of such paymenu. Ar�y excxss proaeds aver an ,
<br /> - ampunt ioquissd to pry a,ll;dutsianding i�cdaess undea ttac•i�a;c w�.sAEs Secunry[nstr�unent shaU ba paid tb tl�sa eaary
<br /> _ < ' Iegatly entitled tAereto. =` -- � '
<br /> - - d. Fas. i.eadec rosy,twilect fees and charges auti�orizr,d t>}�tee S�etarY•
<br /> --- 9 Cra�sds[c�Aaedb�t{ba�[kbG "i ' �
<br /> --_ (a)De(aall. Lend�,ms�y..excspt as limiied byr tegclT.ts'e.�tts isss�6y the Secretary in the casc of paym�nt defauits,
<br /> -= ceqt�ire immediva�ty�nt in full of olt sums secuat�i�►j thrs�vrity Luuument if: .
<br /> - v- - (i)Hosrawer tt�lault�6y faiiit►g to pay iu ful!ariy�ntht�:paYment�clui:ed by ttus Security insczunxnt phflr , -
<br /> - -- -= tooronthed�ad�teuftt�e�+cxtmoatd[y�p�}+�:ait:a� .. • -- --
<br /> � . {ii)Borrower�d�ftuilts by.faiting.far a period o5fhuty dsysy m perfarm any otfc�robligations contained in this —
<br /> - -�� Stciuiry iitmttmestt: - ' -
<br />:-�x:°` (6)Sak Wit6out t#�edii'App�ovati I.ender s1�aII;if�mlitud tiy applicable taw and arith the prior app�oval of th� --
<br /> '>;, Secretuy.re4,,;n,��nn,�l_ ��PaYmeat in fiill of alL�sx�as se�r;ucr.d by this Securitg Instzument if: ' � _
<br /> :...,� G)All or pa�ttafttha Ptoperty at a benaf�,ial iNiaes!in ai;tiust owaing all or parE of the Ptopetty.is sold or
<br /> - othawise transfem�ct(othec tt�an hy devise ac desaaw)6y tt�e Basm►rrr,and . -
<br /> . (u71Ue Frog�ty,�is not acsupied by the purct�c�grantiee as his or her principai residence,ar the purc[�ser --
<br />'.`�.`; - os grantee dties.�so accupy tfle Prapert}� bu�t hi� a her credit t�as not bcen approved_ in accardance
<br /> witb the�pu cmer►ts Qf the Secretary. ` , -__- - --
<br /> � � 's_'.�- . (c)No VPpiver..,II:ciicumstances occur that woul�petmit Le�er to require immediate payment in fuU,but Caidcr v
<br /> ' _�-?r , does noE tequira�tdl praymems.L.ender daes not waiti�e its rigtits with�espect to su6sequenxevents. -.`
<br /> , . ' diNDSeeret�trY• Inman circv�saa�ccs�gulauons�ssuedbytheSixtetarywilllimitLender's �.�.`—--
<br /> � . (8)�►� �► �=--�=
<br /> ��'° - rights,in the c�se af:payment defnults.ta require immediate payment in fiill and foreciose if aat paid. This �Y��_
<br /> ..i::��_�_ `-` Security Instromtsit:dhes not autharize acceteratw�co fa-ec�u�ue B not permitted by reg+ilations af the Secretary. �:�._-___
<br /> .;, - _
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<br /> tf (ep 1V�o�Nbttlttsural. Borrower agcees tvan stsr�t�is Sc�curity Instn:ment arrd tiie note sec�t the�eby net _ -
<br /> � �, tre eligible far lnsutimce under the Natiorta3 Ho��rrg Aca w�hin 90 DAYS fro�a tfte
<br /> !, _, - N jn Paragraph 9.recNire iminediat��siiyment in ;. `�--
<br /> �'•.'s:�•:'� date haeof,Lezi�r may.at its optian an�r,�c�vist�sraaxling ar�h' g .. 's'.i. . --
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<br /> �_��:� '` full of all s��aied 6y,-cais Secarity Ins�umer�a. 6l w�siuen statement of any authorizcd ageat af r�e Ses�etacx . � r � - ,
<br /> �7+r � '` dated subsequeai�ta 9Q �RYS fi�am the date hcreof.deciining toinsu:e this Secu�ig � , �i;�. ��� °�'`4�fi°'----
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<br /> •-"- +'': Insmiment andittie nate secumd there by.s A a I Z b e d a x�t e x b.a�esc lusive ptuo f o f s�t c h i n e l i g i b i l i ry. N o t w i t h s t a t►d i Q� : -:�..,-.� :.�,.-``;
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<br /> = x-�-• tt�e faregoing;•.itiis•aplIan�may aot be exer�ised G}c Le�er.wltea ttte tsnavailability of insusanr.e is solely due to : �:_�'�
<br /> � ' s.y.�� �-..'^ ; Leader�s fa7uru ta remit a martgage insurartce premium to the 5ecretary'. -� t,�'��_:.-� . "•
<br /> ' ." �":�.._ .._':� . 14 Reiastatementl Bdrrawes has a right to 6e reinstattd if l.ender has teguired immediate payment in full because :'. ,.: .��,
<br /> : •;�`. • �
<br /> .. ��� ,,�.._, � of Borrower�fa�are ca�pay an amount due unde�tIle-Nc2t ar.ti�s Security Inswmen� Ti�is nght appres even after �" .��
<br /> ' ='-"r� fanctosure proceedings are instituted. 'I8 reinsisiite the Seccirizy Tnstcumen�Borrower shal! tender in a lump sum all - .� � ';y��.�.
<br /> !�' '' • � amounts required to 6riitg 9nrrawer's account cumne inciviiF►�;t�tbe eatent they are obligations af Borrower under this � . �_ �
<br /> , ��;�.•�� , ` Security Ingtrument,fureclaswe cosu and reasonabte ana ccuto�atto�neys'fees and expenses properly�ssociated with � , "��v
<br /> ,..__�.
<br /> � � the forectosure pmceacting:. Upon reinstutement b�i•Bocroa�ts,t€�is Sscurity Instrument and the obl�gadaus tl.�,at it secures __
<br /> �• • shal!remain in effect as i�L',�nder had not m�uired in�;,eci3s;��iy�ieot in fuil. G-F�wevec Lender is not rey„�ed to permit . , s,'��
<br /> .�� . •
<br /> ' ,• _ • . . reinstatement if: (i)II,et►¢[er�has acce�ted remsta�r..�.�;.t afotr tlr�cv�meac�c:�s of Cer�Iaswe pracee��ngs within two "•��,-...., ..`X'�
<br />:;�.;t: � � years immediately preet�ing the c€o��;+eacement af a c�rrrer�, f�:3osure pra��5�,..�....�..�,�T;!'=instatement will prectu�e -,�;;i;;. r
<br /> • � r!�"' foreclosnre on differem��raundc h�r�ie�srsrc,ar(iii)rein�!ati:,-rte�sa�i71 adverse��.__.�sia��rririty of the lien created by ,..,��s����
<br /> ..<r''� ♦. � �.�`� �♦� :Aj>�;F� this Security Instrumenti, � � . "`'}�<� j±
<br /> � ��.r �� •F. 11. Borrowes l��pC Refeased;lF�tbeat'ance by Letr�er Not a Wacce�. ,�xtension of the time of paymert or i . � : . �
<br /> � �„ �j., .. • modification af amorcizAtion of the sums secured by this Seecusity tnstrumens r::,:.3 by Lender to any saa�a�sor m mterest •
<br /> f•:�• .. .t''.� of Horro�es shall nat o�rute ta relea�r the liability o Y the urygirt a l Borrowe���:�3orrower;s su c c e s s a r m�=�:�r e s t. L.e n d e r � �, ,,s:� �:
<br /> _ . ,, .�, shall nvE E�e reqnired td�eammenee�ceedings a�ainse�.*��scn:eessor in ir_t�.-:s:or refuse to extend time for payment or , � �... '.__
<br /> otherwis�¢�.. �f amor(�iation af the sums secured b tLi�Sf Instc�-tre:�E b rcason of an demand made b the � "`�'��°"�j� '�=�
<br /> . ,�f'y Y t�e�}" Y Y Y ,;r+:ry'.f:t, ,..
<br /> • ' • original Bo.�uwer or Hutto�ver's•surcessora in interest. An�fa���:e by �f��t in cxercising any right or remedy shall � '�','r��' .'=
<br /> � " ` noi be a waiver of o�pre�lade tha axercicc af any ri�a or itra�dy. _ � • • � :
<br /> � ' � � 12. Successors•�utd�Assigns Bound:doint an�5e�YVa1 LiaSiiity:C����°rs. The covenants��:�.--�eements of � �
<br /> � '; . . ' this Security Instrument�shall bind and benefit the successolsan4 acsigns of i::e:;:;�..and Borrower,subject�_�ii:..provisions �' . . �.: . .
<br /> • of Puragrapb 9.b. Btitra�ver's• crnenznu and agreemenc3 sPa�ll be 1aint�r�i:y:�:ral. Ang �ar_arower N�;1 co-s�gns tl�is �. . ;,�;�t�,,
<br />' •''� "•>k: Security Insttument liutidbec not exe�u�the Note: (a)i+cENSigEisg this 3e�..:�y fnstr.�me�_rrr;.�°?urtr�age.grant and • �
<br /> �.,��'t:,;f�t�.,,4 , �����''�'�``� "
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<br /> ,•i:,;,��.t�{ convey that 8orrower�itrtetesl in ti�e[Tmperty under tise L:tm+oi th�r Security[�.:,�ment:(TJc i�rf:C��?'S..i.'..ly obligated.vr...-. �• , �:. .� •��
<br /> �
<br /> . - i: '. ' pay the sums sccured'+t+y this Security Inctrument:and(cEagr�ec Ihat Lender:���i.r.y othes Bdr_~`�c�-�na.� „�.�-ee to e�ten�, ' ?:;• •, ����%"''`":.=";�
<br /> • �;•'' `�� madify.forbeat as mti�e any actommad�tiunx with regard to the tem�s af tFei��:�:.::rity Instrument at dte M1��::without that ;`;�?:,• :, , ._ .>_
<br /> t�'�t�;�.,� r-, ' Borrawer'sconsen� � ' � ' ` •
<br /> .. 13. Noiices. Any.natra ta 8urrower provided for in ehi�Security Imtrumcnt�hnll he given by delivering it or 1}�. (`
<br /> �• ' • •� mailing it by iirst cif�4s mail untets appliruhle law require+u3e af anothc:meth�xi. Thc nniicc shall be directed to tli,; .
<br /> `,=,�,-'`,,`�., ;€•F.l ' property Addres.g ar�ttiny other acldres�Honower de�igr�a�:�hy naticc ta Lcnder. Any notice tn l.r:nder shall be given�r i .
<br /> ,.�,, .
<br /> � � �`.:'�� first class mail to lirr�der�addrecs titatcd herein or:v�y :at�te�s l.ertdcr dr�ign:�tey by nmire to Barrower. Any notice s �
<br />. . ' `;`��:�. Qrovided fot in this Svcuriry ln�trument shall he deemecf tu��3ve t►een given to Hc�rrower nr l.�nder when�en uc provided _ ,
<br /> ' '�'. • .. . �n this patagraph. �• .
<br /> ' . I4, borerninp+.Uaw;SeverabiHty. 'il�iv Securi*.y inztrurszcnt+hall tx guvemcd by Fec3cral law and the law of the �
<br /> ' � jurisdiction in which•tHe property i.tocated. In thr etiet:�th::.any provi�iun or cl.�ure of dtiy Security tnstrument or the � • ,:,;
<br /> • � • ;:;�"t Note canflicts wifh ap�1lirable la•�+. �ch canflict shall'ru:a a6fe�n othc�p�uvi�iun+ui thiti S�•a�riiy In�trument ar the Nate ; . "..,,..'-
<br /> • • :�,,,:'' ; ,.%'"��tir�? whicb can�be given effl�;t�withCUt i.1ze ranflicting prnvi+ry?rr. 'li�Ihi�end Ihe pruvi.iun.ul'thi.5ccurity Cn�trument attd the � ,
<br /> � [..r:>•.,.. ,-. :�,::� ?;. .
<br /> r.�r . • Note ure declared to b�r:a���crai�(a . ,
<br /> . 'j,'t�'�'� •. �`.� ,. 15. BOrfower's�t+�i: Rorrc+xcr tiltul!hr givcn o�iv`etrcrfotincd cupy uf'ihi.Security InHrumcnt. - .
<br /> �'�:{G •'. `„'` 16� Assip,nmect.a�le�enfa. 8arm�vcr uncandiai�ms!��:�.��ignr anJ uantitcrs tv Lrndrr all ihc rcn�c und r�venuec af the •`�'.
<br /> '' ' �' ':' '...: �'' Propeng�. t�anau•er:��:hnnxrs Ceacier ar Lendrr�arer.ta thcullcct�he rrnt�.mJ r�venue.anJ hereby direc�ti each tenant�,f . .
<br /> :,�5,�..: ;' ,,., f :
<br />.� ;�;. • .•• •'� � ` , the Pru��;�ro pay�'',:rents tn l:endrr ar Lender�:��tn��. Nuwc�er.priur t<+Lrndcr.n��tic�t��ac�n��«er��f gdR�w•cr� - , ;,:
<br />;•;.,,, : • .�:, � � r , � � ;:<,;,.
<br /> ;.:. y , . 6reat;h or'�..^;y co�e'.:;.:�.:i1'agtcemem in thc 5cruri¢y Ir•,Ett:ncnt.Born�wet�hs.t r�,lirrt and teceivc all mnt.and revenury ut ..,,.
<br /> : . -ti � � � �he Properry f+s m,,�as�:..%nr'�io Ner�cH�ui'Lendcr ar.�t Fk•�nn:.er. "I'his a��ign�nent�::.f rrnts cun,litutc.an ah.ulutr:i.r,rignment 3.�..
<br /> '.� ti. '• i:_ ;�4 ' ' , and not an assigncn�•t.r�s.:;ddiUunal sccurity aniy. �.;,�. � . .
<br /> •'�'' •�'," If Lender gives'ni��iae ul�brcarh tu Hnm.wcr. �:taslb rrnt�r�reivcd by i?�-�?�:�.�cr�hall hc hcld Ny H�m�►wer as trustee ��;� •
<br /> .r', . k`'� '
<br />'';:t;;••. '�` � '_ . ' far bencfit af Lender only..tU hr applicJ tt�ih�,��*.t��ccurcd hy Ihc Srcurity H��trumcnt: Ib► Lcndcr.hall bc rntiticd to ' i' .
<br /> ':,. . colleet:uid recei�•e:ill n1�tH�rrnt.cf tne I'rup�rty: an�'��c k rach tenunt o1 ihe Yrnpcn} .hall pay all rent.dur anJ unpaid m ' �
<br />:,'i-<' � � ' - � Lender vr tendcr:.�gent�an l:ender��vrittcn dem.n*d�i�tic�.'�-tcrr.u�s. - �
<br /> • , _. �orrower has nnt•rrccutrci any pm,r ati,i�!anr.cr.e c,.°�hc rent�arid h:t�nnt .md �r�li nut rerf„nn any act that �ti•uuld � ,
<br /> . prevcnt Lcndcr f'rum ea�ri�ing it�righlti undcc thi�:F`J:.c�taph it�. :
<br /> . . 1,Qader shatl nnt fir requlmd u,rnter apun.t,y11c cvnu��l��f ���mainta�n thc 1'roperty hcfom or aftcr�iving n�,tice uf
<br /> .. � brc:uh to Bomrwer. HtusL�•cr.I.cnder ur a}udici:tlly stpuintrd r�rrivrr rnay ttu�u at:m� linu thcrc i.a brauch. Any
<br /> -:- = .: ...= _ _� applieatic�n�,f�entc.h:dl'nE,t cure�+r u�eevc��ny defa€.,=rrint;di�t,�tc atir:�uh�r riehi ur renr�d} ut L.:ndrr. 'i�his assi�:nmcnt . .
<br /> of rents of the f'►nperty�Ha11 trrminute when tke�lebr�ecurce!t+y thr S.carity InNtumcnt i�p;ud in full. .
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