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<br /> �_����� �:;�:�.:...}-.- �� � 91--i p��2 i�
<br /> ;= - ; . � . � . .
<br /> '�; Wymems,which at�t�efem.d to ia P�agra �or cT�ai►gc the amam�of suctt I�aYments. At►Y escess praeeds ovef arr
<br /> � amount�►ind to pay al1 a�atstanding iade�s undet tLe Note aad this Secnrity Insuument sha!!be paid to thc eatiry
<br /> ��' I �8. Fees.Lender may wltect fas and charges authori�by the Sec�etary. . --- —
<br /> :,"�� . : 9. Gro�mdsiorAfloet�ratias��Dtb� .
<br /> °-.�� �:;- . (a)Detanl�I.�der may.racoa}i�as ti�ited by segntauons iswsd hy the Secretary in the case os�ayment defautts. . ��=----
<br /> � °� requin iatmodiatepayment in fuU of sl}sams socur�d by this Securiry Insuument if: - - � �;�- __
<br /> _ �_.;:. C)Bo;rower defaWts by failing w pa}in full any monthlY payment required bY this Se�itY fnsw�t P�ior
<br /> _-- - ------_- - toor onthedue date of the neac mnnthl9 PBYmen�or ��
<br /> �,4.s��_�---
<br /> - (u)Boi[ower defantts by failing.for a penod of thuty days.to pe�fmm any other o6ligations cantaineA in this ����.-- -
<br /> �'.} - - �ty� �-.i-r�;�C?.�-=-
<br />- (b)Sntte Wlthont Crtdtt AppsovaL Lender sinIl.if pemtitted by applicable law aad with the prior appmva!of the =_::?..�.�-��
<br /> � . �.- :.��:-,
<br /> �ti' �. . . . .. _
<br /> ent�f.
<br /> �. .. secuted b this Securi
<br /> Iastrum ;:�-
<br /> _
<br /> e swus ��� �
<br /> '..x` . Sec�etarY•*equire Immediaze paymeat m fnil of all th Y tY ..�.:�
<br /> e re
<br /> �s:� _ (i)pq a part af tt�e Pruperty,or a beaefeciai interest in a trust ewning ali or part af thc Property.is sold or �;_�=�;�.-_-
<br /> .� ot6erarise ttansferred(othtr than by devise ar desceat�D�the Sotmwec susd ,"�_F„ .,-_
<br /> . (u)71u is noi occupied by the purchaser or gsaatee as ivs or 6er Emucfpat residsnc�.or the parchaser y�<;�'�-:�`�=
<br /> . !!t�it � _ ,'"�' +�;-;'f,'`'�"
<br /> or grantee does so occupy t1�e P►vpe�cy but ius or tter cr�ctit 6ss aat hee� approved in accordance � .
<br /> - - - `: �' :e�t�r-` wit3E the reqoirements of the Secretary. �:; �
<br /> �.��������;�:;:`:
<br /> . -' (e)No Waicer Tf�ucumttanees occur tttzt wouid pe+rmit Leadet W cequ�re[uttnediat�e Ls�ymsnt'tn fu[l,bu[I.srtdec -�d�:` ,
<br /> :' - : - does not reqait�sudt payments.Lender does not wa�ve ics righis wittt re�t��ais�c�i�t event�. _ ~��::
<br /> - -�'�,`•r - (d)Re�o!rs.af 1�I1D Secretary. In maay cii�cumstances regutatioas i..�wr�.hy d"z��tary w�t tfmit I.encFer's �`,;'��
<br /> ,�•• -- - rigfrt�m�e'r�d�payment defaults,ta cpqaire immediste payme�rr i�f.uif ai�.fi�eclose if noc�aid. 'ET»s .`,,` - -_ _—
<br /> ,�.n`�' ' _:;3+�. ."k � ,� . _ _-°�'�`a .
<br /> '�,s:- ... �ea�,vpir��nism�C'daes noi authorize acceietatinn or fateefo�e Ff na�permias�by t�+statians of the Secretary. _
<br />. ..��•,t���. • • -
<br /> '-�f��;�' � `�' � (e�`fi4�rri.g�e;ii!ri�Eavnted Boc[ower agcaes�hat shauI�f tfri$�ecsirity f i c s�i r.ent an d t he note secu n e d t here 6y n a t ��=
<br /> .`."r±.:�: .�: � •6e"eS"rp'�ile'�ai'-:G�tceunder theNatianuti�iousingAi�'��in � �rtt hs framt�e � '- . ''�
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<br /> . ��` :_ . . - - �e`-
<br /> .: ".�• T .K•,,. :I.:�`f' date hereof.l���ay,at iu option and aotapithstanding anything in E'.�,gcaph 9.recNire immediate payment ia ';_" �t��._ ..�`�. �—
<br /> + � 5 � �-•- ficit af all sums srcured b this Securi Insdwnent A written stateme�t�aay authorized agent of the S�reta� . " ` ,:-
<br /> �`���. ' :`�,Y 'd a b�s u b s e q u e n t t o y ' ry from the datehereof.declin'sng to iruure this Secutit� .: . rs;�": . _--
<br /> . . . ' •., ..,. �
<br /> 8 ��r�hs ,�� • . �---
<br /> �r�'�'�� ,�� ` .`; � � �t�i�.�tient and the note sec�e�l tittei�by,shall be deemed conclusive proof qf such'�et�'b�liry. Notwithstandiag :� , -
<br /> �'�' � •'-t�' � the fotegomg,d^=s option ma�'u�T be exercued by Lender when the unawe9labilet}'o€.ii�rsnce is solely due t� �'v��.: _
<br /> , __.,. . . . uP ... . . ,. ... .
<br /> `,:;:��,_.•....
<br /> r . ,�'.. : ' `. �`` � Ixnder's fa�ure t�Eemit a mortgage insuraire�premium to the Secretary. •- ' .,.2v�,. ,.,
<br /> �:rt ^ y.,q .
<br /> � � � 10 R4iastatea�t �otrower has a right to Dz r�u�stated if Lender has rsqnirad immecfiate payme�im ffi�D 6ecause ' �•yF
<br />` `' ,a. � .��"'f,; of Bomoa•er,'s i�'iute Ta• an amaunt dne under the•Note or this Security 7t�sc�umeru. "fkis nSht applies even aftes'. �=t ..
<br /> r�::�, i, . FaY -
<br /> . s,t, ,: , . .
<br /> ��:>;.::. foreclosai� procee¢mgs ac� instituted. Tu reinstate{he Seceuity Insuument,Botrower sha31 t�der in a Iump sum a€� ��r`��,' - •
<br /> ``='�+�=��'� � amounts iea�ui�"ta br"ing�orrower's acconnt current including.to the extent they are obligations of Borrower under U`�is �'���
<br /> �'�f`:�'�j�� � '" Securiry Instrumerif,far�ctosure costs and rea�onable artd custamary attomeys'f:es and expeases property assnc'sated with ' � ;t����;' `.`',`
<br /> ';�": :.- , . .
<br /> ;:•.;,_,
<br /> the forectasure ng. Upon reinstatement by Borrower.this Securiry Irv-[rurt�eni and the obligations that it secw�s • ,;��':.• -.- � • :�
<br />, , ��s,:'.. � :� shall remaiii}n eff�a�'s if Lender had not requireci iminediate payment in fufl� Ftuwever.Lender is not requir e d to pesmis r"��i°;: • ,
<br /> . � `''a`F ' r�.;
<br /> '., ;:-• ' � reinstatem�4 r� (i)l.ertder has accepfed r�instatsment after the wmmencem�ns of foreclosure prareedmgs��ctithin two ,,;�.� L , ,..
<br /> ` �° - ` years im�ctie�iately preceding the cpmmECtsement'of o'current farectosure ptoceeding. (ii) rEinstatement wiil preclude ,: ,
<br /> � -�`�•= • ' .���Y�;;• foreciosure bn different ground�in the fucus+s,or Eiu}seinsu►temenx will adversely affect the paariry of the lien created by �t;�
<br /> :,:� - � . :,.�,, i � _ ` �•�:
<br /> . �;,� ihis Securi'ty Nstrument ,. '`�;,=: .
<br /> � 4. '.<'`f�.`�
<br /> ' , , 1�. Somower Not Reteased; �'orbearanc��y Lender Noi a Waiver. Eatension of the time af payment ot '� •
<br /> ' , °' ' ' • modification of amortization of tha sums secured by this Security instrument granted by Lender to any successor in�nterest �+«`�:' , � �.
<br /> �'•`�. ` � of$otrawershall not aperate to reteate the liability of the arigina18orrowcr or Botrowers successor m interesG l.endet �°:�• •
<br /> �%'�4�'` ' shaA not be myuired to commence praccedings a��un�t any successor in interesi ar refu�e ta extend time for payrrient or ������ .
<br /> t�i7:�i�';ti� -
<br /> .,�:�{,�•� ;; . . �� ' ' othera-ise modify amortizatian of the cums secured by this Securin Insuument by reason of any demand mude hy the , • �• •i'
<br /> " " '� , � origitta?'Borrawer ar Borrower's successor�in intere�� Any forbeatanre by Lender in exercising any right or remedy sha1B � • • . •�•,_
<br /> "^ not be a waiver af or preclude the exercise af any right arremedy. ' ,t,;;,; •=�
<br /> � ' �`,��i.�: � It Succes.go�s and Assigns Bouad:Joint and 5eveea!4iabi93ty;Cs-S�ers. The covenants and agreements of r.;:;,. :
<br /> ` � � this Security Instrument shal!bind and henefit the succesxors and ass"s�as af Lender and Harrawer.sublect to the provisions ��';', � '�'�.
<br /> ;,..,,.�
<br /> ' . " � � of PSragrapb 9.b. Borrower's cavenanEs and agrecments tihalt he��int artd szr�eral. Any Horrower who castgns this �:fi;
<br /> .�:,;;, Seeurity lnst�ument but dces noe execta:re the Nlote: (a)is casi�mi�T�+iris Security lnstrumenc.ce�r.�_to mort�age.grani ar:� ; ,• :;t�,,,;.• '
<br /> t�'f
<br /> • i-':. "�:.��•�'4F�..� .
<br /> ;iy;:,.�:• „ : convey tha:Borrawer's interesl in the��eny under the terms uf dn�.3F:curity lnstrument;+is1 is�c�ersonally obLgate�.c+ .. ,.. ,,;,.:.,.;;�;�
<br />. • . � pay the sums secured by t3ais Security Instrumenr,and!c)�grees[ti�tL'ender:�!ii any uthcr Barrowcr mav��ce:to eaten�. , ".'. :�',':;r'.��{�'�:.� :.
<br /> '. • iaodify.forbear or mak�n.�y accommodations witt:���ard ta the trrits af thi�5��u�'ety lastrumcnt ar th�:�`c�t1:��ithaut th�s °�:�:�� �� . �
<br /> � Forrowers consent. ��'�• � ���� �� �
<br /> . � :t.t;, �.
<br />' t3� tQ?oNces. Any na.ice to B4nower provided far in this��,aty tnstrument tihall be given by delivering u or 63 ''' .
<br /> �� �;�;,;, - . � � . mailing it.i�y�rst ctass:n:i�l':+inf���s.i�:�:;irablc law rcquires usz�,!;;�^other methad. 71�e nu�ice shall be directed ta dn:. ���. � - -
<br /> , � propeAy Address�rany±iiivx'at{�ir�;:•tsort�wcr designates by nc�i::ta Lender. Any n�>ticc to Lcndcr tihall bc given li�'' ;
<br /> � . first clas.c mail to Lendi:r.'•;:�.�.•.�Qze,s ctated hercin or any ttddre�ti l.cndcr dc�i�natc. by noticc tc�8anower. Any notiue � � . .
<br /> ,�:._:
<br /> ;,,t.,,t; •.
<br /> :,,:;, provided for in this Sec�rn.}Cnstrument shall he dccmcd t��havc heen given to Borrower or l.cndcr whcn given as pruvided;:•' ; '
<br /> in this paragraph. � . l
<br />--!'' . ls. fsovernin��.cw;Severabillty�. 'fhis Security In�trument,hall hc guverncd by f�cderal law and the law of.c"�re.
<br /> ' � jurisdicrinn.»�which the PropertS i�tnGUtrd. ln the e�•ent thai�ny pr��visian ar clause af'�hic Securiry Instrument or i� � •-
<br /> • Note caslT�i:�r3 wilh applicable taw. ar,tl��:nnflicl yhalt n��t a`'.°�,:r: lther pr�wi�i��m c�f thi�Security Intitrumem ur th�;�t+n�; -
<br /> . . whict�c:�r aie'given cEfcct withouc dr�:�;intilicting(�naciai���z. "i1�:hi�cnd thc pn�vi�iam ui thi�Sccurity Imtrumclt an,3'�ifl: �
<br /> • • , Note are dectued co h��+r�-crabtc. � . , `, �, , ' •
<br /> . '. 15.fitorrmwer s r'_';���j•. 8vrcuv:H�--ttufj hc gitti�;on�confarr.t�d copy<�t this Srcuriry ln�truu�ent. ' � ���� ,
<br /> • .. 6b�. ��!k�i�,nmen���t��1;4'ft�5. �oiri�+�•er uncondiu�inally a„ign�<>n���:1���fi:r;�i►Ixndcr al!thc rentr and rLre��in.��t.`+lte , ���
<br />, ;;�� �. , '� , pcoPerty'.. 13invower�utl�anres l.��d'er��r l.ender�agent�te�cull4�i�ah�.��ia�;�,and��ce-1nue.cmd hcreby directs each tenani nt
<br /> �ti'.,��;°-: '.# ; ;{i��%F'' '� the[�ru{x:+ty iiy:Way thc c�:�ts t�[.�iiiL�t•or l.cndcrti a�;�nt�. Hr,�ti'i;�+:Y,))11i)1•'1�1'I..C11U1'rG f141I11:C LO B/1�(ItLYE'/Of BI1YSf10.'4f.�,�..
<br /> ,,;',�`.� '. • ,�`. ' i}tre3cti r3(��a}*GZ�ve�r,nt+�f a�feemer,'t�t rhe Security lu�.tn�ment.nolrulvc�i�li�ll�c,�{lect.md reeeive till rrnt�and revenuc:��f;� � :
<br /> � ,:sit',, � ' ' . dt�i''rys�i�}�3 s�tnr>�ut•i�e,ri�ie hencfit of lAnder and Hurnnver. This:.'titii�m►�u1i i+1;rent.cun�tituter an ah�nlutr u«icnmc�i�, . ;
<br /> �� � < < .'�uti�"tiotititl a5signmeAfto�r�dditivnal accurity�mly. . i
<br /> . ll;l`:.�!f�:r�ivev notice of hreach ta{3unawrr: la►all rrnt�'received hy B„rro�cet.hall he huld by li��nutver as tcu�[e.;
<br /> .. for he,ii.Nit>+�;Lender�nty.a�he applicd tu the.um�+rcurcd by the Security ln,trument: Ibi l.cndcr�hall he cntitled'Ei� '
<br /> � • coltect 3�a3�rzeeive all uf the renh nf Ihe hro�xrly:um1(c1 rach Ie��cm1„f thr Prnpeny ehall p:�y:dl rcnt.due and unp:ud'ii� ; .
<br /> , • ' Lcnder t�a p.cnder�agrm�m Ixndcr:w�iucu de���u�n�i 1u the tcnant.
<br /> . 8nrcower has nnt cxccuted any rtiut uti�igntncnt uf Ihe rcnt,cu�d ha� nu� anJ �+.ill nut perfurm am• act that ��•�nild �
<br /> . � • • prevent l.endcr Pn,m exerci�inc itti right:undrt Ihi�P:mi+�rapt► 16. . •
<br /> , lxnder sh�ll not t+c rcyuired to cntcr upan.t.�kr c��mru)��f��r maintaiu thc 1'ri+prrty hcf��rc nr:�itet giring notic�of
<br /> . breach to Bonower. Howevrr.Lendrr��r a iudiciaUy;ippuinted rcceiver may du��+at:my tinu ihere iti a bnarh. Auy
<br /> ' applicatian c�f rents shall not curc�rr a�aive uny defauU��r invati:l.itr.�hY t�lllcf fl�r2h�ur trmed}'uf l.cuder. Thi�assienmcnt •
<br /> _ ----:. .�_--:____-_-, of ren?s ri the Ro�+Pr�}�.hall terminatr xhen�he drh�.ccured by Ihr 5ecuritv[tt�trwneut i.paid in fuli. _ - --- - - ---- -
<br /> . . � . • !�hll'F±�•/•��V/yE�11
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