|
�� v �r,�-R . �. _ Xr _ . . � _ _.
<br /> J�v 1�,�' _ ��, , . , _ ---- - --
<br />���k�, _i,^`=:w',c .4: - S:. .i"- - - - - — -
<br /> � � c. -- ., , . ; .— a�3` � n -- . , . � c�� --
<br /> ---�"`,�L�:._.�..�....8��' � � � . . ``` ' . ' �. 4 . . „Z • • � • - �- .
<br /> •� , ' � ' �. ���.. h ` ��3"�+G����c ���,
<br /> � � � . .. . : , . , . ._�, � —
<br /> � � ` .�.._:�lY�'�are tafza�d t��a►N�h 2►ar c$a�+e�he mnau�E af such paym�ts Any e�ass: -o3rrs a�:. �__
<br /> _ -- � _,- -- '- $i�D��i't�-.��'CtrFiijf�aa6i�ii's��"`o2'�•�F� ,- - _-
<br /> � - t�f�G1Et0. • ,� . , .. ,
<br /> --. ���Ct.1.tDdC!lUBXCQu�tfGC88�CbAJ$C�flLLL�Z�i,��►E�C$OC[C�3�1 . .
<br /> - — � . i� cr�to�Aoo�aD�t. . � .
<br /> -- - (s}Qt�inE�.�ter�Y.exo�t as l�mtted bqf figatat�aa�tssued by the Secretaey in tbo cau o8 Qaym�►t 6s�ts�,. � �.
<br /> _ `.. � '��.' r�qt�eeimmcdis�e t iafie�llof all�mps sa�e�Dy tL�S3tcxuity�tUr. . .
<br /> � ��DY faiim$tu p6�my ia fuil aaY�Y P�Y�t�1�bY�5��5'�'�P�
<br />= - � ` 'toaron me ch�e date of tDe aQxt ment'h19�iaYa�at.�s
<br /> ` � � � (3�8orm��by failIng.for a pe�iod of dd�¢y!days.to petfana say ot�er abiigatians aaataIned in lhit
<br />-�-_�_ -� `- -- .�_ .--- - �- -- _ __
<br /> ---- - - -- - a - �bTeta�aa�wid��
<br />_ . (h}g�4e t�+cdltApprovt� i�.rs�if pemuited6Y PP� t��� - --- - -
<br />=------- i�y.reQ+ilc�immedisue P�yu►mt m fall m�ail t3�e sums secureA�dds Sec�uiry Imst�meat i� �
<br /> u
<br />_ �(�Ail cr gmt of tlte Hvpe�xty.ar a beQtfidal i�rest in a ttass ocerising a!l or pait of tt�e Pc+op�,is soTd ar -
<br /> mt
<br />=- otherwise o�asfem�d<otIler tbmn by derise ar�scent)bi►the Bozmtvet.and�
<br /> ('�ij'PIIe Ptope:ty is noi oocupied�Y tne Pv�os @�n�e as 8ds ar I�sa 1�iFs!resfd�`ar the p�rss�
<br /> or gea�e daes so occdpy the Ytop�ty but hs os her c�edit ha.s aot;bee� eppmved 'm aa�o�
<br /> � with the cequuements of dze Serm.tar�►.
<br /> ° (c)No Wataer. If c�r�tanoes oea�=it�t wouid pemiit Lender tn aequice imiu.�te paysneat in fa11:'but L�der
<br /> dnes not�equi�e sucB� payatenm.Lenskcd�s not waive us dgh�witL�to sa�sequ�tteveuis:..
<br /> (d)Reg�nTt�ons�HUDS� ft►m�►yein,vmstaztceslegWari�nsisse�ed�}r.tl�e5ea�w�ll�l�taitLenJsr�
<br /> ---- � -- � rigbis,in the ca�of paya7�nt defauhs. w immetiaze pa t in full:aid.forec2use if aot�. 't$�
<br /> ���� �ity tasm�ment does not e�e oa or foiecIosure not peimiued biy reguiarions o�the��ayc-.
<br /> '=�:_�r'^'.�.�� .
<br /> __::{.�.�� (e)Mor�pge Not Insured. Bmmwer.ag�Yrs that shoul8 diis Seauity.Jnstrument end t�e note sec�t�d;h�Y��
<br /> _ • `��". '':� be eligi'6Iefar±�tl�*�++�sunder theNatiO��Honsin�AcRwithin• B month�► &o�nthe _
<br /> ,�r,^_,:,. . _ d:.te Q�itf��I�Bet msy.st iss optic�a�nu�+rii�ndi?�anythin�i�:Pata�agL 9.iequire immedl�e PaYme�t in =_- _— -
<br /> a_ -� of aa aushorized of We S
<br />�i��°'a�.�� ' �.;�:� firl!of aD su�ans socured by this Sec�uity Inwuarea�:A:vr�tta� Y� � �i' : . ---
<br /> ''"`� da�ad sub �tt to 8.ItQIIllls ' . fimm tl�da��eeFea#��ing to insuce this Seanityr
<br /> :rv�7 r��.,�:cit �u . . _ .
<br />=;<<a�: `. . tasorament aad tbe aflte seaued dteieby.sdaU be deetiaed aoIICiaifiV�preiuf of strcit i�tigt'biliry. Natwit)tstaadia�
<br /> v`d ._.�-���•" ' _'� . n�w.,�t��r.t�of insuta�tce is solety due tn .� •
<br />�-::1,��=;::-, '.,..:=.�, the foregoing,�is option may not be exercised by l.eRder wtc�r�f3ne --
<br /> Y."�z}-,:,t ,. . . Lender*s faiture to nemit a mortgage insurxroe premium to the •
<br /> J:�Y_;.,y.:;`^.,sY;��' 10 Retnstatement Bolrowet.hasarightWbere�nstatedifl.e�required'u�iatepaymentiafull�ecause
<br /> of Bmruweris fail�ue to Q:►y an ambunt d�e nnder the•Note or this Secuiiry Inswmeai.�'tifis right applies eveo after
<br /> ►
<br /> , �:>':' 4. :,; foteclosate pmoeediags are institnEed. 7b reinstate the Securiry in.s�m�ent. Bmmmer�trall tendea in a Inmp sum all �. -
<br /> '���`•�-:ts'.-� �'Y,— azaouats tequit�ed w b�g Bormwerk ascouat cuaseni including,to the ext�tdiey ate o6�i�3ions of Boaower uadet this
<br /> �4�':;%:-•"�P . Secutity Iasuument,`foiecIosuie cast�and re�souus�te and customary att�meys'fc�s and expenses properly associated with
<br /> •°_: �' a
<br /> =>�..�;., � ;:. „� . the fo�ectosure pm�eding. Upon ieins�teme� Hoaower.tlils Secariry T�ent aad the o6ligations dtat it sectnes
<br /> ��;;`:�';;: �,,;`��'.•' shali temain in effecx as if Lender dad not re�u�unmediate payment in fixll. However.Lender is not r�uimd to pe�mit
<br /> ��� ��n�r�,sat iF (i)Lender has accepted reuurarement aft�tke ceaunence�seat of foieclosute pmoeedings arithia twa
<br /> - � , �� � ;~.:, yea�s iu�diately pseoeding dee oommencement of a curse►tt.fc�elosute`Fr�ceeding.<u) �einstatemeat wil! preclud�
<br /> - • `�; , �°�;�:�M foir�:c3'�r.oa diffcsent g�ounds in die futur�.or(i�i)ieinstate�nt will adve�etX affect ttie priarity of the lien cre�by
<br /> •:!'y..:t._'�� s� C��.,� f�_ .
<br /> '�;�;t�nf„',� .�.,•i� �`.�� lili8.7au�u.a+ry 1WtIU111CAt. • .
<br />- � "� ' iL �orrawer Not Reteased; Forbearauce b Leudes Not a Waiia: Extension of the tirtne of payment or _
<br /> ;;1.: ',:�� �'�-.:. .. �' --
<br /> �` +A��- ' mpdification of amorpzation of the suats secured by th►s Securiry Insuument granted by Lender to any succe�sor in inte�est __-
<br /> �,S � :`•��`�';•;; of�msawer ahall not operate w reiease the liability of the origmal Borrower or Bom�wer3s suocessor m ittteissL LeBder - =•-�--- —
<br /> • � shaII.a�t be requited to commenoe pmceedings agau�st any successor in interest or cefiue to extend time far payatent or =;M`.;•;;�=:�_
<br /> :��.�:'�':�,- . •-
<br /> ;• ; � � othe�i�modify amortization of the swns secv�ed by this Security Inswment by reason of any demaad made by the � r =
<br /> x.=.;i��'�. .+ .' ' ori g i n a l Borrowes or Borrower�s saccessors in interest. My forbeazance by Lender in eaencirmg any right or rame�idy shall �,~��`�.Y
<br /> ��.,.i�-, :, not be a waiver of or preciude the exercise of any right or remedy. __
<br /> , . .-�, _� '•. IZ. Suocessors aad Asgigns Bound;Joi�and Several Liabil[ty;GrS�gnera. The covenants aad agreements of `•`f�, �.� ;___
<br /> �� r .. r •; � this Security Inswment shall bind and benefit the successors and assigns of Lender and Borrower.subject to the provu:oas
<br /> �, _..,._ �; .. `. �;��_
<br /> ,� . . ' � • o F P a r agrap b 9.b. Horrower's cove n a n t s a n d a g re e m e nts sha116e joint and several. M y Horrower who casi g n s Wis . .�._��-
<br /> ;a� '. •�� .� ' •• • Sectaie�Inst:ument but does not esse4ute t he Note: (a)is co-si��tt►is Securi ty Instrument onl y to mort ga ge.g m nt aad �• :. ����—
<br /> `� � • wnvey that Bormwei s interest in�,TMe flroperty uader the tenns off�is Securiry Instrument:(b)is not personally obligated eq � ' "�'s=-
<br /> � ti;; � .. � pay the sums secuted by this Securi t y Insuumen�and(c)a g r e es that l.endes and an}r other Barrower may ag�ee to eatend, �'_'� `:;� �����;°.
<br /> `:5''' ' �� °} modlfy,forbear or maIse any accommodations with regard to the tem�s of this Secunry Instrument or the Note w�thout that
<br /> . Horrowers consent. �� ,� �
<br /> •' 13. Notioes. Any notice co Lorrower pmvIded for in this Security Iriswment shall be given by delivering it or by �' ° :.�'�'�•-�. .
<br /> "t; ' ' '�'•.���:�� mailin lt b firet class mail url:ss licable law uires use of nnother method. 'i'he notice shall be d'uected to the '
<br /> " '` � � � � Prope�Address os any other addres Borrower des�g ates by notice to Lend�r. Any nvum to Lender shall be given by ��'���t�rAi����• `
<br /> ,;. • `} . ,�:. �•.�
<br /> '; '' '. .� � � • first class mail to Lxsrder?�address stated henin ar any address Lender desi�ates by rtotice to Borrower. Any nodce ,.; • . .
<br /> ��?'��- ° provided for in this Sreurit�lnstrument sBaU be�oemed to have been given Yo Bnrrower or Lender when given as provided �<<' �• �.�' -
<br /> � ' � • in this paragraph. � . .
<br />- - �.`� `•� 10. Governing Law;Seve�^abUHy. This Security lnsuument shatl tre govcmed by Federal law and the law of the ,.
<br /> ` `�� '•�'��"' � urisdiction in which the Propeny ns tocated. In the event thec arsy proti isian or clause of this Securiry Instrument or the
<br /> � ;'�f�;� .': � �ote conflicts with appficable lativ,such conflict shall nat ai`fecx o.her prov isions of this Security Inshument or the Note � '.
<br /> � ':;�:� .; � • which can be given eK�t wi:houa the conflicting provision. To this end the pravisions of this Security Inst�ument and the . . _
<br />- �� '"���' -` ' Note are declared to ba s:ve,ab�e. .
<br /> t':. �����i 1S. Horrower's C.mps: Br�smwer shal!be given one conformed copy a€this Securiry Instrument. • ,
<br /> `+ '��"� 16. Asst ment oft�de�ts` Sairower uncondmonalt assi s and var.sfers to Lender aU the rents zcf3 revenues of the ����
<br /> _,,;;;�;.�..� ga ft ts y firt ; ,
<br /> .d:S.
<br /> ��, :�:��.;�;'�;��� Property. Borrower a¢tharizes Lercd�r or Lender's•agen�s to collect the rents and revenues ar.+i hereby direets eaeh tenant of �.• .
<br /> � �_ •,:,�,-.if�, the Property to pay the rents ro t.er,der or l.endec'a agents. k��a�ever.prior to Lender's sv�c�tv Ha:mwer of Hozrawer's �''"�=��`��`;`�'`
<br /> ;' _. � breach of any covenartt or agrcement in the Security Instrumer,►.Borrower shall collect and ceceive all rerts and cevenues of '�''��'`'�.'':
<br /> � '' .� • , • the Property as wstee for the benefit of Lertder and Borrower. '[1�is assignment of rcnts constirutes stn als�alute assignment � .
<br /> =� ��' ` and not an assignment for addi6onal security only. . .
<br /> _ ; ` If l.eruter gives notice of bmach to Borrower. (a>all rents received by Borcower shali be held by Hosower es wstee •
<br /> , _�• ` .` ' for benefit ef Lender only,to be applied to the sums secured by the Security lnsmrmenf•(b)Lender shall be entlUed to
<br /> � ,� ,,• ,� ' collect and receive ail of the rents of the Ptopetty:aad(c)each tenant of the Property shall pay all cents due and urtpaid to ,
<br /> ' Lender or Leader s ageat on Lender�written demand to the tenan� �
<br /> � • Borrower hag not executed any prior a�signment of the rents and has not and will not perform any act that would
<br /> ��`�• • � prevent Leader from exercisin$its dghts under thi+Paragraph 16. '
<br /> � . " .. Lender shall not be mqwred to enter upon,tatce control of or maintain the Ptoperty before or after giving notice of L
<br /> �,.� � bteach to Borrower. However.Lender or u judcciallyappointed receiver may do so at any t3me tt�ere is a b�eaCh. Any
<br /> � � . applicatlon of�ents shall not cure or wajve ssny defautt or tnvalidate any other right or remery of Lender. 7t�is assignment .
<br /> - r. • ° ' �. of rents of the PMperty shall temunate when the debt sec�ued by the Security Insttument is paid in fu11. • '
<br /> ' j ,. . .
<br /> • . . � . � �paRa3�4paa�s►
<br /> — � -..=� �=-- ' _.
<br /> ;; ,�. ,
<br /> `i. . ..
<br /> e . �..`- .. . . �� ...
<br />
|