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<br /> �V ,�: "? i�.�. 'a_ ( .._. .. . . ... �
<br /> ��11-;,�.��� _ •
<br /> _- . � � _. - . � - � _ 9�1-�- �as8�s- . .
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<br /> . 'paymmts.which ati cefared m tn Puagcaph 2,or ch�age ths amaant of snch paymants.'Any excess pr�oe�o�rer w .
<br /> a�nt ceq�ired t�pay all witstanding i���the Note aad this Securlry Iastruma�t sdaU be paid w tbe a�titY: �
<br /> — , kgat{y e�rtitlod ma�eto. . , . ' ,
<br /> _- - g �ep. Lender may colkct fees and citatges�by the SeasterY-
<br /> _ ' 9 Graund�[or Aaderation dDeDL -� m tite case of paytn�t dtfavtts.
<br /> � (a)De�aalt. i.e�der may.excegt as limite�by�egutations i�s�ed ay the SecietuY� . . . -
<br /> —' crquue immediatc payment in fult of alt sucns secm'eQ by tkis Sec�uity In�b � ��� _ ,
<br /> - --- —_--- (�)Bormwa defanits by fae�ing to pay in fi�i aa3r�thiY t�+]��� Y ��` .
<br /> _ -- W arort dte duo dau oEtbe neat monthtY DaY�°T '
<br /> _ ('n'3 Bosmwet defaults by failing.fot a petrod pf thuty days,to perfam any other obGgatians coamined in tbis;
<br /> �ty���' litable iaw and with ttse or a va!af the
<br /> f.',� (b)Sala Wit�onE Credi!Approvai. Lcnder shall.if permiued by app Pn PP�
<br /> Secnetary,requirc imrt►ediate paymeat in full of alt thc sunas secvred by this Secuciry insuunxtti i�
<br /> � (i)Ali or pait of t1ie P�ope�ty or a beneficiat inu�est ia a tnut owting all or put of tt�e pi�nperty,is sut�or
<br /> otherwise transfeaed f othcr than bY devise or descent)b]►the BoRawer.aad R$���or ti�e
<br /> . (��'[he pmperty is not occepied by the purchaser or gtantee as his or het piincipai P�
<br /> ' an
<br /> : or grantee does so occuPY the P�p�tY but his on c�r c�edit fias not bea� approved,in.ascordatue
<br /> •_ ,..- with th�requirernents af the Secxetary.
<br /> _ " - (c1 No Waiver. If circumss�ces accur that woutd permit I.ender m requice ircu�iate paYment in fiill,bat Leader
<br />` _�.= ` does wt rcquice such pa�.l.eader does nat waiv�3ts rights with r�.spect w subseqtunt evaits.
<br /> ' . (�RegulatIons ot H[J��v In.many�regulatians�ss�zed by d�e Sec�tarY will limit L.encier's —
<br /> rights. in the case of�-�q�:�e6utte.:vs cequice f�diate payment in fuU and fo�eclosc if rtot paid. Tf�is .
<br /> , : ;��', . $ecuti�y Insu�tat,daes mata�Csaia a��d'erauon ot fcterlosu�if rtot peimiued by tegu[ations of the Sect+eta�. .
<br /> _ '�= � (e)Mortgage 1rIat Ia�rec�;BoicoweF�irees that staac2c�d�is�e�y Inspror�►t and ttie note s�i�aci _
<br /> . ." ~�� be eli 'ble for m�3er the Narional Hoas�_3�w�' " 90 QAYS '
<br />..`:�r.` � ;.,�,..�.� ... ��� �"c. --
<br /> uue immediate � `'
<br />-- • date hereof,L�mder��,�:rts option and notwithstt:�.a�:.:���n�BTePb 9•re4 ��r � __
<br /> t
<br /> • fuU of aU s��;���=iiis Sec�ty Instrument��,�rissen�--�tement of arry authorized agent of the Secr� . . --
<br /> £ ' .�.:_�.':_''. dated subse�i�:.ra���'.. � 90 OAY� . fru�n.c�date hereof.declining to insure dus Secu�g .----_--i
<br />_y • �t=-. _
<br /> -- ,:�,,`w In4tsume�`a�ia t#�e note s�ured thetiehy.shall he deemed canclu��pmof of such ineligibility. Notwi�ding. . , •�`;-__--
<br /> ° �^�"` � the far�going,this op�o:.�,�}+not 6e exercised by Lender when the unavaiIa6ility of i�ur�ce is solefy due�t�• '�-�
<br /> . �i.: ` ' , . •�"'�_.
<br /> �`' Lender's failure w lemit a+a�rt&�ge insurance premiu�n to the Secretary. �' �Y��
<br /> � 10 Reinstatemea� Borrowes has a right to be reinstated if Lender has reqniced�ediate payment i»fu1l 6ecaiise ��
<br /> � '�;...� �' � � �y. r,. �r � Y'� ai
<br /> ?: ': � of Bomowor's faiture to an amount due nnder the•Kote or this Securitv Lsu'a.-��c- This ri g ht a�plies even ai�er 3�q:��?'
<br /> .. :� .� - �_ _. �=-
<br /> farecIostue proceedings are u�stituted. To reinstate the Security ln.strume�.B�c�s��s�afl teader us a iump sum all ��-�_=
<br /> -•�• �,�.�: . amo�nis uired to brin Borrower's accaunt Guaent including,to the e�c������"�uons of L3�rnvwer under this . � ,�;
<br /> '�„ ;, y�_
<br /> •;��r„5�r' . � g rr� '��' S U � 3SSOCI3tN�SL�1 �cwrie��:rr�
<br /> ,j„,f�.�� S�.y Inst►vmen�fareclosure cosu and reasonable and cu.._�mary attome��.�es��xn es Pr Pe�� •h f �r�
<br /> ,�_��...: ��:tr�losure proceeding. Upon reinstaterrtent by Borr�ccer..dus Secariti:ta�mer,t�3 the obliga5ons that ii Saat� +
<br /> � ,•,•� =�_¢. . sTia:3:'�nain in effect as�f l.cmder had not req�imme�":�Gaymer►t i.*t,fri.�t?: #�owever.Lender is not requiced us�asssk .. .��,��•��
<br /> • ���n. ��:::'.""t:s: � reinstatement if• tii;i ettdet h`as accepted re�.Z~�ent aft.r the comm�ent of foreclosare praceedings wirS3i+�:i�c,: �cr�;,y�,;r�:�
<br /> �,:,`,;.� ": . �' ��_ years immeQiatety'�rneceding the commencer�,.��of a current foreclaswe proceedin�. (ii) reinstatement will �fz,Y:�e :�_°yi3�;"rd,;a:�i,3:'=�'
<br /> ° T'� foreclosure on diffelertt grounds in the future.ar(iii>reinstatement will adverseiy affect the prioriry of the tien cr��;:x�a�6y, ` t��,' ° a—
<br /> � :'�' -t � � this Security Instrument. r��r3 r `'�
<br /> P Y!�'"� . < < `��._�
<br />" ' U. Boerower Not I te tease d; Fo r 6 e arance 6y l.ender Not a Waiver. Eatension of the time of a �r ,.N;.-�.,, ,..-.;,,;
<br /> �.::�<.-:•.
<br /> • � � • modiSeation of amortization af the sums serured by this Security Instrument gtanted by Lender to any successor in�r-�.zrest - ';;y�>f s'• : • �
<br /> of 8orrower shall not operate to release the liabiliry of the origina!Boaower or Horrower's succcssor m interest. L.ender • • � � F°' ;;,;{�
<br /> • � � '� shatl nflt be required to commencepraeedin�s aguinst any tuccessor in intcre s t o r r e f u s�t o e x t e n d q m e for pa y ment or : � ~"�;_
<br /> S�
<br /> • -: `J`• otherwisc modify amonization of tfie sums secur4d by this Security Inswment by reason uf any demand made by the • .. ,; _ -
<br />,-� � .��.. � original Borrower ar Borrower's successors in intere+t. Any forbearance by L cn der in exercising any ri g ht or remed y shall . _�.; •�;; `�
<br /> not be a waives of or preciude the �xcrcise of any right ar remedy. '!{�� *�=:_
<br /> IZ. Successors and Assi�t��aund;Joint and Seveeal l.iability;Co-Signera. 'The covenants and agreemeitts of , ,,
<br /> ��� � ' � �. ` this Security Insttument shall binn aad beneCiE t!:e successors aad assigns of Lender and Borrower,tiubject to the proL r�-�:�.c F ��:'?.';7'�r�.• , .
<br />,:;`� , •; �: • • ` �: :
<br /> .�. '� _ . of Famgraph 9.6. l�u�rowes's co6enait�� 2{.� �"=rments tihall be 3aint 2zd scveral. Any Barrower wha co-s�g.:s''::�is •'�.�''� , ' , :. .
<br />- � . Security instrum�bui dces not execi:;e t��e"�cn� (a>is casigning this S:curity Insttument only to mongage,����d ��` .; '•- ;
<br />. : .'� �' ' '. , � : ���
<br /> ' � com•�y that Bormwcr:s interest i^a�a P:a,er3 us�der thc te�•y�f this Security Instniment;(b)is not penonally obligx,,�to , •• .I,�;,f� � '. k�.�.
<br /> .:.•�q�;�J� r •�_ Y S� , '.r,;.;�r.. ,
<br /> . t,,,,.;,..=- pay�.�e sums secured by this Secc�r-y #n4':ument:and(es a����that l.ender and any o..°c Harrawer ma a e to�r•.r�?�. ,,,,�{��;t4�;;;,,.,�>�-��
<br /> • �:r��<:;;:���• mod�fy.forbear or matce any accorr,�ndaiions with regarsf v5`h:termti of this Secesrin I�,s�ument ar the Note wrtw:z�.:at :��1;F�tiz?
<br /> "I.r.�..l� ����'��.
<br /> . . . . BorrowerR conscnt. � . .,,:,�;.� :"�_
<br /> ����`��- �•' .. 13. Noticea Any notice to �orrower Frnvided fo:r:.:ris Security::��;rUr.r.t�t�a1i be gi�•cn b,�ar'.ivering it or by . -.
<br /> . . � ;��,;'•.,, �"I mailing it by firat elass mail untess applic�M9e s�u�;,�.:r.; c;�e of anothe:�:.c::ad. The notice shat:-[;,e direeted to the . _
<br /> �•'t`� ' Property Address or any ather address Bano�•�.r u.�:�Tr�t::6 iy ni>tice to Lender. Any cotice ta Ler.�.°c,:�a1)be given by ��;�..�, .
<br /> � ��. ' �':'??�";_ fijx+t class mail ta l.endery addrAss stated herLin o;aaw a�cx.�z L.endcr designates h� ^once�a Botrower. Ar.y t;��tire '':`%`' � .
<br /> .,,, .. .
<br /> � ''`0''��'{.� provided for in this Security insirument tihall he deemrci t�;�a��hcen givcn t��Honowcr ar l.ender whcn given ac�r��.�ded , . "��,•��;;:.
<br /> ,•:�.,,�..
<br /> ��:'+:<`'.� ' in this paragruph. � . ,.
<br /> :'�14'i• :, , !4. (ioverni�cp Law:Severa6iliiy. TP:iti�:curity In,trumcnt shall hc g���•cmcd by Frderal taw a.^.d thc law oP ihe � ,
<br /> • ' ��.�i�:�:�`�• judsdiction in which the Properiy ic tocated. o� :5c event that amy provi�iun��r cl.�use uf this Secunt; Yntitrument ar the ;
<br /> • :� �,';. Nate eonilicGs with npplieable law.such ennf;;ct �haU nut affect ulher pu►vitiiun�uf this Sec;:rity Intitrument or the Note ,
<br /> ' :r�,��'�:' � whict�r can he given cffect withuut th�conf1ictin�:prove,ien.. Ti��hl�cnd�he pruvisium Ut'�h:>Sccurity Instrument��the � � .::.::
<br /> �•,�.:..
<br /> � � Nos��z declared to bc severabte. � ' `;�,�`.=.
<br /> ' 23. 8o�rower's Copy. Borr�•�.-_r sh�ll hL s;iven u+tr r�nt'i�rmcd c��pY uf thi�Securit�•(r�.t�untent. ;..,.', �;��,;,.
<br /> � 16. Aasignment oi Ren�w f�orron•er ac�.cE:C:i��nally;��sigm and Uamferr tu Lender a:;the r�nt..r.d revenues of the , , .., . .
<br /> : Yroperly. 8orrowet authnrizes Lcndc-ur L:ss�er•«°�r•�,ta call�ct thc nnh:m�l revenues anJ hcrcb}G;�z:,ts rarh tem.+nt af
<br /> the Properiy to pay the rcnts to lxncler nr Lc:n3.r:a_cs.t:. Howcvcr,priar ta l.irfdcr's natice tn�az�cver i�f Borrower's •
<br />;� . � . .. r.,.: ;" bre�a�4�ai':u�ycnvenantoragreem�ntinihc5:::u°:.rb�.,�r.:�^-crtt.Korcowcr.halPcoltect:inetr�.ei�eatirents:u��rever.,:•:�nf . .
<br /> ';7':: •.' the�'�peAy as trustee forthc beneft ctf Len�::r ai:!�i�^-5u��. Thi�ac�;ignment uf'rents cess.titute.an:�b�olutc a«i�r�:,:r-i , :
<br /> • . a��d�snt an assignment for uddiiic�n:tf�ecuri�y hnT.. �
<br /> � . . , lf l.endes g�vss nc�Nce ut'hreach to f3�-sa;��ct: �:,...:.:z��recrivcd hy H��rr��w•cr sh�tt he ficl�t b; �drrreswer��[,u�e� ;�'• .
<br /> , for bene�t of I.ca�et anly.to be �pplicd :�*t�: • ..� :::�ed by the Sccurily In�trumer::�,�)f.rr.�cr,�;:`S ��c cr.,...�d to - ,
<br /> . . . , .coSieca und rec:a4P«fl of�he t.7TS()f IISC�:nrCrL:N;l�p��• :<ici�[rncmt��f thc Praperty�h::it�:.c•.:tf ,_...�::;:=a.^.0_°�a:s1 ta
<br /> ' Lea��.r or}�:n�:r.agent on L�:n3•r��ri:�.. ��r.�f�:�a'.-._`cnant. ; . � ... �
<br /> �a-vwel F:�.+r.ot ctcr�;;.:w:y n^c::c��=rnucnt i�f cfic rcnts:�nd ha�.n+�t and� :r c:�: �eri':ri;t x.�y a�t��,::�.�:.ld
<br /> , � ' pre��tr�ti,c:.�.fi:ymesercf�:aci>s;;�:'.��:�°t,".itiParagraphl6. • , �
<br /> � . E.ende:�?�:.{i^=�~�c rec�:i:re�'sci���.:�::.:;�i:i.l�l:e contn,l af ar m;�imain the{'roprrt} befure ur afeer�i�::; �::.�::�of
<br /> " bteach►o B�:owrr. Nuwever.Lendet.>:�,�j:sicially aprointed recei�•er may dn�a.�t any time thcre i�a hre�c:�: :ti�y
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<br /> �---='--_`- .---, �pp:i:�t�oh a:�:L�:sh�lt no!cure en w�e�c a;�y.�c fat�ii ur mvu�isatc:uiy nther ri�h:c:r s:;.^.:e:l1,'ttt�l�er.:ler. 'E' eti a;s:��;-:ei�t , - .
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<br /> -----•---�-- nf rCtits of 1he Pte�:riy shal!ic�m#natc wlsen lEie ele6t sEwurcd�+y the Secutiry M�tniment i��•rid in f yll. - •
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<br /> . . �jvee•�e,/J/,uK�c�
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