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<br /> 1. p�yment.s.wldct�are refeu�d co�n Paragra�2.or c�nSe 1b�utwunc of sucb p�ym+eats.. f►aY,e��ss:pr.tK�..�.�ru an ,
<br /> �i �muunt�uued to pay al!ousstand�g irwdebte�ss uader the Nou aAd this Suurity,.In�u►c�r.n�s�:i�Pais1#dt�eotity
<br /> --'-�r iegalty a►uded t6ercto. , � �
<br /> 8. Fte� l,eader taaY ooilect fees w�d charses amhetited�y the Sec�tan►. �. , .
<br /> • 1 eade
<br /> -�r�. _ 9 Groonds far Ascdestiaa d OeE� tsssc�M dre ua tbs csse oi. t defautts. .
<br /> =�,�- ' (�}D�fiait. Lender taay,exc�t as tittniud by tegid�ci�xrs,- ad bY S�t�� P�Y�►
<br /> ,-., iequin immediate payment r.n full of�ii suims sec�ue�bp th�s Secu.rity.(nsu�.a►c�t if:
<br /> -�;- {�3 Sarrow�a d�lsuIts b�fa�ling to�ay in fuU any mcmthiY PaY���Nt�h1'�s,Secr,ttity.1��tti:�ent�priat
<br /> LO�OlitZlCd11G(�tCAEtTlC'ACx1fi�T��.Q�S'IO�l.OF - - - --
<br /> - - (ii)Borraa-er defanits try failing,fa u periad of thuty day�s.to perfomt aAy,a�t�r:s oL+t'sgatia�s t�st•i34�:�r�n this --—
<br /> - •t Sstvriry ins�tnt =�— --- .
<br /> - - ,,: (p}5ak WUbaut C�dit Apprut�l.Lender st�ill.if pe�xtted h}applicaDTs!ax��i�h�:�S a�ur va�nf tlee . .
<br /> ��Y.�4���Pa3'�ent in fWl of aU tbe siuns secused by this Sccurit}lnsaucrw.a�t if�• ;.:, .t � .-�..
<br />. (i)All or pact of the Arope�ty.or a 6eaefirial in�ese in a truse oaning a!i as put uf:tA�r P��}warcp,,is�suld ar �=- ''�- �
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<br /> othernise traasfaied(oa�er thaa by devise or descenil bY the Barrow�er,an�1� � �.,�.�.:�_
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<br /> � (i;)Tt�e pt,aperty is not occupiod by tLe purctraser a gmnue as his os txc ptin�spai't�idetr�:os�tli3�R�6� e ;
<br /> - - or gtantee daes so occup} the Pmperty 6ait his of her credit ir�s. not�baen,a�+gmr•�di��in5 e�CooRd�nce • �
<br /> . . - -- --_ ' witb ti�e c�u�e�ts af the Seaetary. _ :�
<br /> � - �-` te)No�iii��er. If s�ir�umstances acwr that arould pemut t.eAder to require immed�te{�},�s�ur fu1i:&2A.l.eader 'a�r����
<br /> ws u:aii��s:,. �= :-��..,��--
<br /> _ dnes not te�ire suc6paymt�u.Lende�does aot wa�ve its rights witf��e.sPect a&se4 �. #:•�-.`_--_-
<br /> -- - Ed2�a�oI HUD Secreta*9.In many circumsiar►ces regutations issu�by th►S�csee�l�,u�ll:tltti4`s;�Lmder's ti-:�=r`_ _^�
<br /> ��i, ri g h t s, in the case of p a yTnent dtfaulu.ta require immediats payrt�ent in fuil and tm^act:�se ifi��p�e3. This . - ,j,��
<br /> ,"°��'=1. Security Instiumeat daes nat auitwrize acceTeration or forecIosure i f n a e pem►itt o d by tegu te�iaas n t��S i e c s e t a r y. - -
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<br /> � '�� �?i� (e)Mortpge Not Incored. Hrnraw�er agmes tbu shaula tttis Seeuriry Instruns�t and tb:nnta secus�d�Y� � °—
<br /> - , "�;.-�;:' be eGg�"61e far insuraace under tt�e Nasional Housing Ac[within 6�mOrt hs Gam tTie - � �.1';^.:.~
<br /> ���'_`-4 - date her�of.Lender may.at its opt+on and natwittastandiag anythin�in r�9:c�qwite immer2�fls p3}�m '�;x;;t�=
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<br /> . '_�� futl_nf all sums secured by.this Secwity Insuument A written statesnent oi•any sutfi�ised a�i,a�itf�5�rg ;,,�::t;°:�` _
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<br />• . - - . . dazed subseqmencco 8 mant hs from the date IKaeof:d:ctinit►�sa�sc+ze'!4'sf Seearieg ' �s;:;T��_:� �:_
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<br /> . -�� _ Instmment and th�e rtote secured thereby.sftall be deemed cwxlusi�•e ptoof of�sur.h irr.liptdtiq's•.Nc1�(�Itic�taaii� � '�_ . `�-
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<br /> �.. ., the foi�going,tdis o�tion,may not be exe:�cised by Lendes wt�n tfY�u►3saa1alailiiy;nS�izssuranc�s�`sciLiy d¢e ta _. _� _.,_-
<br /> 11°� Lender�failtue ta mmit a mort uisurance premium ta ehe SecresaA;�. � � �
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<br /> �r��,s�' 10 Rtinstatemeot. Harrower has a nght to be reins[ated if Lerxf2�has requirad immedift�p� 'tf�rtt in fu116ecause �
<br /> � ��,; of Bormwer's fail�re to pay an amoum due ander tfs�Note or this Sesupg� f��uum:a�, 'ittis�n�it�ap}�lies even aftcr ' �� =
<br /> S ' lnstnim�u Bcrtmwes:sf��lift�:in�a lump sum all .::�;�".I
<br /> forectosure proceedings are instituted. Ta re�nstate tt� ec�nty '�
<br />� amounu reqwred to bring Barrower's account curreni inclading,ta th�extem�th:y ara o�iti�i�ns oE,Hunoa�s ander this . :.:,,q�::�.
<br /> � � � Seeurity lnstrumen�.foreclosure cosu arxJ reasonak�te and eustarnary attarn:yc foes aM�xpenses p�operty assc�iated with .' . . ''•�.���":��
<br /> the foreclosure praceeding. Upon mirrt2temefit by Samm�•er.this Srcuriry 1n�sSia��ttl'o�tigatians that ii secures ;�
<br />; . � shall remai�.�ineffect as if l.endPS had nat�eyuired imnr.di�te paym.�t:in full� Hm��ever,Leid=s is not requised to petmit �.=f, • �.
<br />� , ::1 ��, reinstate�er,�if: (i)Len�t�teas accc��l resnstateenr.nt�aftes tf►�samm.a:ecmmiof.iotectu�e Psoceedin&s within ca�o .;;:.;;
<br /> � ,��;:�;,,.,. : .`.�1�� ycars imme�SaietY �in8 tt��cem:nt:�ot;a current�fhrecScr.ur� PT�'edinPr tii) reinstatement aill.p�clude : ';:� �
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<br /> �;.,j;��:S;r, ' '�J•'3 ds in tlr:future or(iii)rcinstzte.�:nneni�will+ad��e!sei}aEfest the prioriry of the liecti cseated by ��;��, � .. .
<br /> r., � forectosure an d�fferer�.�r�. . . . . . �.
<br /> • ��'4'::"��:: • :•'r',�'�;;`�, this Security Tnstrumenr:. '' • ,
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<br /> jr.�� ll. Borro�ver:l's�t�Rc�ease� Fo�fiearunce bs�Les�tt� Na1�a Wa3ver. Extension of the time a�r gayment or .. . , ;:.�
<br /> ' modificatiaz of amortiraii�n of th�sums securecl by this Secusiq•�ua:nent granted by Lender ta any successor m imerest • . .•,#,
<br /> of BorroK•e.r.shal]rtat o;.arate to releasc tFo;liabilis}-,of�th:origia3l�Borrowcr or Barro�ver's successor m interest. txnder . :•:. �
<br />. shall not be reqt:�t�s.,�mmence Prareedings aga�nst,an}�.successor in interen or refuse to extend time far�payment or . ' •
<br /> • otherwise mvdify asa�.;�s��n of�th:sums secured:try�-this Security lnsuument 6y rear•on of any dema���:ade by the �� '��'�'
<br /> , original Bn+spwa,'or Q��vc�r's su.cessvrf:in i�F:esu:An}�.fnrbeazttnce by i.ender in exercising uny rig,hl ar r�nedy shall • . ��' � �_
<br /> , not be a�3i�tc oi or�3�uwr ttr,exerc'sse of�any�rip;ita6.remqd}•. .�.,,:, .-:
<br /> �; ,. 12.s�s�,o;��hssigns�8o�nus{s�laiAt�an��Se+rercatl�i,hr�ility:CaSigners. 'fhe eoa�enanta and ogreement�af. : 'i:•:•�••;...
<br /> s��'`� this Sev.�s's.y�Liritrttr.�eiss"sfc�;l birr!ar.�fm�:r!th:sur.cc�svr�arid:�:�.r.s of Lender and Bor�n::c�subject to the provisi�r; ,;;;�;r;�l�`,4'•;'•.;
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<br /> ���F of Para�-,:�s 9.b. daiTUV.er's oovenants an��ug�rcmt�ss•shall be 1oint nnd several. Aati G:r.^wer who co-sig:�s.;as
<br /> • ,+;:. ;1,:
<br /> ,.. � Security Instrument Ir�rd�:�:s not execuc.,tb:Nm.es (kj.is co-signing this Sccurit} [ntitrumer.��a-�.ty to mortg��_�'ant a��• .y�.� . . .
<br /> convey that$otrawer�ir.��rest in t1�Pra�:n�••u.M�icaY►i term.v of this Security Innrument;(h)is not personai�a��:sg�ted ta �.,f�a•: . ,
<br /> •��r'-%; pay the surhs sccured by this Secusit}�Instrumens�.sndda.i ag��thzt l.cnder and any other E�,.T.�wer may a�:to exter_�.
<br /> � ��?`;:'•'` modify.fo�ear or mak�any accor�rnadaticm��'i�h�re�d ta th��rern3y oi'thi�Security lnstre�s���::or the Nate wtthou��`*.:at .
<br />�� � �''��'�' Ba�rawers cardsent� �
<br /> � "''�' 13. Notices. An��nc���.e tt��Hurr�wet•pra�vidrd for in tF.is;Sa��rity lnstrumem yhall be�y���by delivering it or'w�
<br /> ? � . + mailing it by first�c6ass m�l��::,s ap licabte tavr re4,�:rec :ue:::f anather mcth�xl. The natire shall be C"��ted ta ttn �
<br /> � Praperty Addres.s or�an�'.oL'wt��37ass�nrrower de5ibr,�at°�tsy r:���i:e tv Lcnder. AA}+ftO1lCC IO LCI3dCf 5:1:����LZY�iven by • . •:
<br /> � � first etass'mail ta l.tccr��.r; ud<::ress stau�i.herein ar any addt�.��I.,:nder detiignates by nutice ta Borro«z: ..�.z,' not��a. '
<br /> • 'i� Qrovid:d.'or in thi+Secusit��.fnYtfp.-nixt�!}atl he deemcd ti�havc l�e�given tn I3otrow•rr or Len��.'r when gi���a aq pro��a7� •;�,�,.
<br /> , 'ti�'.�',, �athisp�sr�,�;rflph, . .��:t;�;..
<br /> • • 1 A. ('�o r�e m i n��L a w;5 e v e r B h i�i r.}. Th i�5 e c u r i t y I n.t r u m e m �h u N h c g a c c m r d b�• Fr�r��t ba�+�and the law�f t:�: : '�:',�,
<br /> � jurisdictior�in v:n�rh�the ['.openy is located. In�hr cvent that any provisiun ur clau�c af thi;��arity In�L�u;nem or thc
<br /> x��,• Nate canfli�.ts�wi2b��pl;�.��ble law.such c�mflict shall nM affect ather ptuvi�i�+n�uf thi�Securin�1��ttum��ur 1he Note
<br /> '�`: �y;� ' whiehcara h:garenelfec�t without th�c<�nflieting pnwi�ian, Ti�thi�end Ihe pruvi�inn.��f Ihis 5.r.:rrity Inc:ccsment�nd the �� ,
<br /> . ; : Note are d•_clarai tu tx�se�•erabte. . ,''�,
<br /> �'>,� •, lf�. Qtrnn�rea's Copy: Bnrrowec�I:atl tu given eme confurmed copy nf Ihi�5ecuriry Instrwmr�t. �.� ��
<br /> ' 1G. Assi�n�tnt�oT�Rent!:. Hi�rr��w•rr'uncnnditiant�lly a�:s�gm and�r:in.fcn tv Lender all th..�ent�and revenues uf the .
<br /> propetly, Bn�r�r:er�arkoazes Lender ar Lender>a�cm�tu cE�llect�he rcnt�und re�•rnur+anef herehy direct�each tenant oi ��
<br /> the FtnpereS•tu pay'�.zhu rents tn I.en�lcr ur lxndre���ent�. No��evcr.prii�r t�,l.t neter�nc�ti�;e tn 8c�no�tier nt'���na�aer: !,:
<br /> • tsr�ach ot�r�•cov.�ttaceor agrcemem in�he Sec erit: I�•tr�imci��,Hunu�r.;r�hull cnllect;md receive ail rrnt.kri revenues ot
<br /> �' the P:o;.�cE)av ttu:+tCC fur Ihc heuefil at t-Lnd:r and 3nrro��•cr. "Chis a.sig�in�enl uf tent.cun.titutr:un abxufute a.signment � •
<br /> ; "��' ancd no!.��+�s5tgtt:Zent f��r addiiinnal�antp a ni}�. ( , .
<br /> •• ' ��� 1�'Lettd�3r gi.�es notice��f hre:.iclt:V!�,>Tmw�e: fa►all ten?�r�v.•:ived hy�Huttu��rr�hall he 1xc��hy doRaa•er a�:tru.tc.t f ,;,;�.:;
<br /> • ;.,;:., fbr�t�ettefitwE�L'ender only. to be app:i��!d th��r:ir��sccurcd h� thc 5rcuril)�In.Irumem: i h�l x�s der sh:+ll be emi�led t� ,.
<br /> , : '• co1�'ct�:d r�ceiti•�•ali c�f the rent.of t5e Prupem: �:y*.3(c►cach trnanl ol'�he Propetty:hall pa} «:!rents c�-.:��.d unp:�id tn
<br /> t` t;.;.•'. i.ettdt:t r.��3:ttcftv�ugL�tr4 on Lender�=•.ri�trndcm��;rl:te+th_�en;uil.
<br /> ' �c+rrc,r,,c�t has nct.��ceruted usn• �*ri��r acsi�;nm:m i�i Ihe rent, :�nct has no�and �vill nE,�p��fom�x:y »cc that��uu'd
<br /> � pn::�nt�,tnd.r fr�m excrcisin�its n�h:ss imdcr�hiti par:�gr:ipli llr. . , .
<br /> L':ndr.r xhall not t�e rcyuinYt to cntrr u��n.t:lfcc conttol nf rr rn:tintain thc 1'roperty i+rfutr ar af'tcr_:t:;1_puiiCC �:5
<br /> • bt�:u:h'rtt��Hbrrower. Hnwever.Lender or a judici:dl}�app��fntr:i rcceiscr may d���o at any�tinte Ihere i.:�h�r�ch. A�»
<br /> a�p�u;ut't�;tioF rents shall not cure or waive;u�y detaulf ot im aliilate an� uiher righi��r rrmed�•i�f l.end�r. Th��:�.:�'s=nmrrt
<br /> - o�zenC�of 9ha ptoperly shall t�rnunatr whca th:deHt secured by the Sccutity lu.trument i.paiJ in f'ull.
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