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<br /> u«� - . . , _ . ; . - .-: . � g}-�.- - ;iQ?553 .
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<br /> �, �� � : �_ ��;� z��a��,�au,��n�r�- �+�►�a��►�� ',
<br /> -_ ,���'�.�g���uoda r1r Noce ma this secuncr t�trwna�t shau be p�a w me aw�r .
<br /> �`.
<br /> _ te�a� dipdod tlw�eW� • -
<br /> � • � Fees. Lende�t maY colla�fas�d���Y thc�erntuY• , `�. . ^
<br /> ' '`' !.Gt��M�'��dDeb�,�. defaults.
<br /> __ � (a�yy��p��'m�fu11 uf ,all�somsbY�� �Y���m dr�c�se of payme�t .
<br /> sec�u�ed b tAis Se¢uri Is�i�
<br /> . U)$o�r�Yrcr defa�its by fait3ng.w p�y i�fult my�nanthtY P=Y����dus Sesuritg.In�mmt Pri�'�
<br /> IO Q 011�10 dYC�76C Of t�lC t1C1[l iAQl1t��I P�Y��f.�`�S LO �OfIl13t1�OtI1R O�I$�10[1.4 COQ�IOG�tll f�LS .
<br /> - . tii}�6y.#ae�inS..fa.�Period �h'rcS' y. pt
<br /> i.'r�eiit ad�r shafi,if pemiitted 1�aPFlic�le taw.ux1 with the prior apprawil of ttx
<br /> tb)Sr�� ���� b thigSe�,vricg.(aswment i� «_�--
<br />- � ry.�ecLui�e immodiut�Ymeac�P,fPH af aQ the swns secuceQ y�
<br />= � �(ij AI!ar put of die Property.or.a baseficia�intet�t im�uust.owning.aU.�p�of the Pkopetty.u sdd qr. �
<br /> dhe�rise�aaSfecRd(ahec tt�n bg devi�e ordescent)bY thc 13amweF.and
<br /> �)'F6e Ptopeity is.dot acsuPied b�.tLe P��°:=8��as h i s ac A e c p�nc i p�reside�e•or the,�t u�c h a s e r.
<br />�.`;;,:. . or grantee.does sc� accnp�:thc PtopcscY �t lus or her cred�t has.not.been appmved in ac�cucd�noe ---
<br />_-'tt�- wit�tbe:equirements of thC�Y•
<br />.:;: '� (c)No Wa[rer. If cuco�ances uccar t6u would pemiit�.ender w rcq�immodiate Fay�ea�in fui�.bat L�endec
<br />' ;��; does nat reqni�e suchpayments�E.�.�nckr das nat w�ve its dght�w���tespoctssue�bS�S�ecret�ary�w,lt limit i.endcr's
<br /> ;,'t:� (d)1�t�rWiup d IND 5tcreb�r�: Tn muti7t�+��.��.�e�a t in.fu11 and forixtose if not paid. 7l�is
<br /> ��:;,;: - rights.in the c�sc of payrtknt defauNs�to�i PaY� n pansoftl�eSazetary• -
<br />' ���° Ses�uitg Insonunent 4aes not autiioriu as+xL�a�ar fodxtusuce if not pemtitted bY 8�� -
<br />.:r' ' . te�Mqcf�e Nut i�utd. Borro�et�ag�pes ti�ac shauki tf�is 5e�itY I�t�e�t and tbe note secured d�ere�y� ��..
<br /> ;'..,r be ei�ga'blefort insunnceander tbeNatiao�l Housin8!lctwith�':� num �•%;;�:,..
<br /> ,;;•:; �aragra�i�. uine immodiate payment in, .
<br /> � r date he�eo�Lende�?mag,at�ts optia►and ndwithstaadia8 ar►Y�ring in �A
<br /> ::�`� entof tt�e.Ser�etaN :'�'"�`.`
<br /> r.�
<br /> '}�':` '� - full of al!rums seciu�G bY�his S�v�'�Y 1�.A written statentent of asty zuthorizod a8 _ ..
<br /> �.
<br /> �i�,�. - � dated subsequentto �, :: �;.. from the date he�eeaf.dxlinlr�S to insuce ti�is�acuriry �N_�
<br /> �`,� _ _ � Ins�nunent aaA ehe note B mn .�yf shalt Eie d�emed conctasive proof of such iaeGg�7zty. Nc►twitt�tandinS . �,,,.�_
<br /> �-.� _�
<br /> '��(�:;��' • the for+egoing.this aptitm may vi�fi�eaet�cised by�l.ender when the unavailabitiry of ia.�.nce is sotely dud to �-,u_�,-
<br /> la,�•`k . i,ender's failure to temit a mort�ei�:c?raance�Cnium to t6e Secretaiy. �� �.w =_
<br /> =r nt in full because
<br />:;r�`�. . ___- ` 10. Reinst�tea�ea� 8o�rower has a rgTit to 6e ci�stated it Lender has m,�uir�d irtimediac�r,�"ay�e °�—�n---d
<br /> ;%�'` _;+.,�. , of Horcawes's failure ta;ra.y?,n amawtt due wt d es t h e-Note ar t his S e c w i t y [nstca�nent. 'L'�is nght applies even after
<br /> . _ ���--;
<br /> :'��;t.; , foneclosure praceedinSs are-.�sstiaued. Ta rcinsta[c the SecuritY lnstrumene,Harruaec.��3er in a Iump sum aSl � �� ..
<br />, =s.,,.,`::,- =' �^ amounts sequised to briag 8grrowers account cturent inriuding,to the exrent they�e�t�u'-as�tE.AOROwer under this•
<br /> �S�'�per1Y associated with . �''--'
<br />; •i;;>.:;}�. + Security Insuuca�t4 forectosure costs and reasonable anQ custamary attomeys fees a.r�s., ��'•�'_-
<br /> �t �;-_ ' reinstatement by Boriewer.th'u Sec�ity Instmme��i i����„^�adons that it secures ��f� -
<br /> �}..�. the fonetosiue p�ooeed?tg,. Z7,P�
<br /> '��4 r�.`, ..; . � shaU remain in effect as��der hacl na rec�uired im�te payment i�full. Ha����:�"s m��recluired to pem�it � _
<br /> '::; "��''�;��.; ,: reiristatement if• (i)i.�ee t�s accePted re�nstateme�c�'zer the cammencemont�cE fs�:`s,��xaceedings uithin cwo '
<br />' ";r•r � •�,� � . 7 the commeacg�nenc aF a�rrent forectasure procee��r�•;��7 �i��rz�:�'ment wrti ps�ctude � �u:
<br />. i;t�::::� r . . years immediateiy preced�„ -
<br />; _.y_�:•:,.,, '�.;.� ., : • foreclosure an different grounds ia the futiu�r.ar(iii}��statement will advecsely affect the prtcr"cy�f the lien created bY
<br /> this Seeurity lnsuament. ��
<br /> " s�� :� :: - • 11. Borrawer Not Relatsed; Fmr�ance by I.ender Not a Wpiver. Extension of tffe time of payrt�ent or �` �
<br /> ,.;�c: �• ,, ,,t,..
<br /> •_.' .;.,, �� modificatian of amartization af the sums tes�nd by thia Security lnstrument granted by Lendes to any successor in intecest
<br /> .y;_ •.�_-=�, • of Boaower shall not operate ta refease ihe liability of the ariginal Horrower or Barrower's successor m interest. Lendes .
<br /> .::.::�,;:,:; � =y�;� -• , sha11 not be requ'ued ta commence prnceedings agamst any successar in interest or cefuse to eatettd time far paym t or
<br />��.`};;.::;';- othemise m.a�ify amortizatian of the yums secured by ihis 5ccnrity Insuument by rea�+on of any demand made by the
<br /> • :;<,:.. ,,, ' origina?Berr}�x.t or Boaower's successar�in interest. Any fofieamnce by Lender in exercisin$any ri$hs oc remzdy shall _
<br /> •!'� not be a a�wr�x�f or preclude the exercisc of any righ�ar remedy. , •
<br /> ' + " 12, �s5ors and Assigns Bound:Joint and Seti�etal Liability;Co-Slgners. The caveaants and agreements of �:� . . .
<br /> • ..si�..:�•:'' ri4is Sec•. �stsumem shall biad and benefit thc succcs�ar�and ussigns of Lender and Barrowrs.�ubject to the pravisions r ,`,;.�i;,.;;�..
<br /> � a��g�4,b. Hotro�•er�covenants and agreert:c�sC��hall be jaint and sever;�l. Any Batruwer who eo-s�gns this .,:;,:,;,
<br /> • .. •r ,. �'�.-•,
<br /> �, �•�'::,,,.� �f�;;.-�...;.}� Security[s�..-:�ent but daes not oxecute t�e Note: (a�ix.cc}signin$this Security Instrument rnily to mor►gage,gr.�nt and � � _
<br /> f� ,` `--; tr' convey thatfic:rowers lnterest in the Prc�x�t�.t�nder�e�:sms of this Security Instrament:lb)isn��B�naAy obl�gated to .
<br /> - � �;�;• � pay the sumw secured by this Security instt�:.�r'�t;anJ���i�recs that Lender and any othcr Borra:7:c�r�ay agrce ta extend. .
<br /> ;�'r` modify.forbtar or make any xcammodai'i�;,3 witlt:e;;�dtn the tertns af thi�5ecurity Instrumcrrti`ncc�te Note withaut th�i .. � ..
<br /> , a . .. .. ' Banawer'sconsent. =• ' �-. •
<br /> •='f�:���±{ � ' 13 Noti�es. Any notice ta Barrower providvd tbr ia�his Security Intitrumcro shall be given by delivecir�g it or by �.:r.:��;', _
<br /> ��z�� ' � mailing it by,fir�t clasr mail unless applicable l�w r�yuir�use uf arsahcr methad. The natice shall be dimreed to the . , .
<br /> '. .:�;:; „ ,
<br /> ;,�,ti,.,(.: pr�y��,s ar uny other address Hoao+ver designates by nntici�iu,l.endcr. Any notic� ta i.cnder sha116e given by
<br /> �-«, '. �" fir�t clas�rrr:�it to l.ender's addre5��tateA hcr�in or any addres;+1a:n.i�,�r designates by n��tice ta Bnrrawer. Any nat{ce
<br /> _'��s''• � }' provided fvr::�thiv Security Instrument�hall he deemcd to have be;es�,ivcn ta Hurruwee or L�:nder whcn given:�s provided
<br /> � Y>r:�. ; ' in this paragraph.
<br /> • 14. (iovernin�Law:Sererability. This Sccurily Instrumcm tihall hc gocemcd hy Federal iaw•and the law of the �
<br /> � � `'�';h` � . � jurisdietion in which the Praperly is Ic�ated. in�he event that any pravi�iun or clau�e of�his 5ecurily In�trument ar the •
<br /> ''":'` `'%' `� �;:•;` . . Note catttic[�.with npplicablr law.�uch w�nflict �hall aot affec� u�her provi.ionti af thi�5ecuritv tnstrument or the Nate i .
<br /> �''`��-a - ' •�:`, : which can;t�e�aivcn eifect withnut the cun(tic�ing pruvi,inn. 'fv thisenei�he ptaviriuny uf Ihiti 5ecinity trturumcn!und the
<br /> ':�•F`�`.''. ' • � Noteared�:i3tedtobc.r•cvcrabtc. � '
<br /> ::..• � , , • 15. Borrower's Copy. Hurrnu•cs�h.di ix givcn c+nc confnrmed c�py uf ihi�Security Instrumcnt.
<br /> � � 16 A�lgnmeM ni Renta. Honu�vet unrunciitional ly ay�ign�amd tr,�ntfcrs tu l.uad�r all thr rcntc and rrvcnue.r��f thc �
<br /> �'��.;_ • , �toperty. 8unowrr uuth�►riicy Lend�r or L�:ndcr�agetil+w c��lie:t thr rent�.md�evcnuc�:+nd hercb�•ctircc�ti c�u;h tenant uf �
<br /> ' the Proper�y t�pay the rents tu lxndcr��r l.cnder�agcnt�. H���+•rvcrr prinr to l.endcr t nuliec�o Butrnwes��f B�nuwcry
<br /> •. ;���' . breach af any aovenan�ur ugreement in ihc Srcurily In.uument.kium>wer,hati c�+llce�anci recew.�all rentt and revenues uf
<br />� ��`��� , • the PrapeAy as trustee fnr ihe bcncii�u1�I,.Vti(ICf itRll HUffON'CL "I'hie a�signment��f rrnt�cuntititute�a»uh���lutc ati�igamcnt �
<br /> ' and ttat an assignment for addidan�il.ecuri�y nn{y. � .
<br /> - - °' If l.ender��ves nutic�e rs��hrrach t�Hurtn«er. �a��ll rcnty ccccivc�i hy liunuticer.haU hc hrtd by 13utro�vcr.+y�ru+tce ;
<br /> for benefit��f Lendtr uniy..ti,he ap�licd tu the�um�r�v;ured by the ticcurity• Inatrument:�h�Lcndcr.h.dl tx entitled tu
<br /> .--- - - - collect:utd receive all af ttir ccntti ot tNe Pn,per�y:and(c�r.�ch�cn:utr e�i the i'ropertq ghaN}r.�y;�H rcat�due�an�!u�iP.iiJ tu. ..
<br /> • � Lender ar I.endcr's agcm nn l�:nder S.vrittcn dcnt:md to thc tenant.
<br /> - -=-�- :-- Bomtwer hag nu�cxecutcv!any priur assi��s�nent�,f the rc�it.and has n�,t and�vitl nut�+rrft,m�riny a�ct th:�s would
<br /> . • prcvent Lender fcom rxeni�inu ies nghtr under�hi�P:u'u�r,�ph!(�.
<br /> • , Lcndcr+h;ill nvt bc rcquirrd tu cmcr upun. t:�kc cunuul�,f or muintain thc 1'ru{xrlt.tx fun ur aftcr givinc aoucc uf
<br /> - • � � b�ach to gorro�ver. Hnwever,Lcndrr e�r a judiri:illy ny�ointcd ncciver may do.0 ut ��y tintc Were i�a hresch. r�ny� ,
<br /> , ,-.
<br /> � .. �� �ppfic:stion uf tents�hall oot rure nr w:tivr any detauh ur imatidatr:uiy uthcr n�;ht ur rrmcd�of I.rnd�r. 'fhi�a��ignmsnt , - ,
<br /> ,- - .----: —,---'--`_°-
<br /> -- _,--- --�_- � t+f rcnts af tf�i'roperly•it;tfi termieatc a:�c�lkrs�e9t.eestsee!�sk.ihe:5ecut�t�:In�tati�nrrie i�p.�id i�t_fall. - -- - _---°_--_---
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