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<br /> ` �� ;c:.�" '- { _ - �. � ==j _'
<br /> �is y• ;: ,,r `:.� t . _ t- . • ' ` , ' � — —. � —..- - �. — = :, ,
<br /> ���:�:���:.� _ _ < <_ � _ - 91-- f/�s q . . .
<br /> .. ... �_ � c . . � 'r G , ` y` . . . . �. � .. .'.. . �- . �.V��V� — .. ' ` : .-
<br /> � ' �plp��1�t 1!(C�LO� ���►��1hC Llld�[0�SUCI1 Ql� AAy t�.4��[0000�OYE[�Q
<br /> . , ��1p1�i�Yl(�Od W�i�I U��11i0qQ�C�IGSS 011dCC 1b0 NOOG!O��115$OCqll[x I�11C�.3�1iU bC j1�id dIC dltLLJf , ,
<br /> . �C�t�Od�E�lb �
<br /> x�+. t��y�a�f���s�a�;re�ur�esac�►.
<br /> , !. G�+ar�for Aaaia�tio�dDeb�� � � � ��b the m the csse of defaalts,
<br /> , (s)Dd�t. 1.e�der uay.exoept as�imioed bY zegni�ions� � �X� PiY��
<br /> �i�ediate psymeet in full of all smns sav�Dy tTtis SautitS'Iasu�m�a��.
<br /> . � {e�$otmrNec defiuits bg faiGng te p�y in full any n�nthiy.pa►ym�nt zuluired�Y[���Y.���Pn°r
<br /> to or an the dqe d�e of the neat ma►t1ilY Ps�e�,� `
<br /> ('�Bmower def�nits by faTng,for s pttrcad af tttttty�days,to parfam aay otber obligations contained iQ tlus
<br /> Socuriry Instrumen�
<br /> @}Ssk�Pid�oat CrediC Approval. Lender s1�11,if pe�mittpd bY aPPlicabk law anh��p�aPP�oval of the
<br /> ____ __ - �Y,�4��Pa}�mert iafi�llaf st1!thc sums secund by this Seauicy � �___ _.
<br /> :. {i}�l11�a p�t of tbe .or s bCa�fcial iatenesi in a dust awiung aU oc part o�thc Pia'P�rt�+as sotd ar
<br /> Ctl
<br /> :::�;` �,othe�vvise uaasfemed(od�er by ckvisa oi.d�sc�nt}by 8�e Bormwer.antl .
<br /> � :•_�ii)Th�prope�ty is nat aocupied bY�P�-�8�ta as his ar f�er principa!nside��ce.or dK p�baser.
<br /> - � -- .iar granue does so accupy the Ptapeny b�s¢;�s oc ha e[edit has na. �et► approvat ia accadaoce
<br /> -- .'. ''.,ifyith the teqnirements of the S�y. ;`. ``: : ._ �
<br /> °�:'°�(c'�fi�S�iiFd: If cit�cumstat�as accar that would pe�mit Letrder w requite i�s�v.�iY!�?en�in fu11, 4r�der
<br /> h l�enderdoes t�oE waive its tigbts with respocl3�r.safise�;����: r.€ .
<br />-— �;�i:�esa�¢aq��.suc �paYments• ,�j:�r�:�ders
<br />- -- :::.��9�s o�HUD Sxcretar9 In inany cincumstarkes ceguisdnns iss���Sacs'
<br /> � 3i����se oi PaYment,defaulfs,to rtquice s�nmodiata paysaent in'�,��"����`����x'�iS
<br />_-- _ ' ���, �`�'�� Ios�eneifaoi —
<br /> Tn3�ument daes nnt authoriu acceterat�on ag�+c Pe�A?��'a�.���""�.
<br /> _- _� :.r.. , :..>�r�1Norf�e Nat ln� Borrawer agcees tliat��.abis.Secwity 1n.�4r��a��'se eote sec�iral t�neby�oi , _
<br /> tie elig�'b��c insur�nce w�der the Natitmai Hata�g ,Arr�vidiin , �., � ������5 -•.. .,�".<,� . �the : --
<br /> t 6 ` 'date Ue[�eis��-,.II�iider s�y,at its aption�d�du;g anythin;g�t�'�i��3 a+�q,�*euowa��te paymtnt in '. —
<br /> �` • �>`..,fuU of sll'ati�5 socund by this SocwiEi`ii-v;rr-�ien� �vvritt�en stateiisent�sf an3t�ayt#��ss.��'L-31���Y ' , --
<br /> . ' , �::dated svbsequeut to - � SO tlRYs"=: ;. : . :- fram the date he�i��?��;i�"i�r�u�c this Security • , -
<br /> � •.�
<br /> �Jastnmxnt attd the not�s�mred theii�6y,shal�.be�de�ined conciusive proof of�sas?�s'bIlity. Natw(thstanding �� =--
<br /> -: ; :;.'•. � ttte fongaxts.;:this optitiii may not be�i�ised bY I.ender w1�en the unavatlab'�.ji�o€�fnsruaace is soleiy due to - � - �-�-
<br /> Lendet��ta nmit a mortgage i�¢ancc premium ta the Secretacy. � . .. � ,�
<br /> ;. �0� Reina��� BortacqEt_h3s a righi to ba r�instated if L�ender has required imm�e payment in fuU bxause ��,�_.
<br /> � of fi��e:aWers failure to pay au=�iaunt due under the•A*ote or this Security Instmmecl:t,.�is right appIies even after ���.,,�:,
<br /> , - faa�:'s�aiue PmcadinSs ara m.:sr��. To reiastate tlie Security Ins�rument,Borrowea:�.a.r teader in a lump sum all �u:___�__..
<br /> . � . �cs requind to 6ring Borrower's ac,eoum carcent including,to the extent ihey ate �c��:�ations of Borrower under this �-�__=
<br />� . . '. �r'Inswmen�fonetosuce easts and reasa�able and enstomary attomeys'fees anc7 expen.ges ProperlY associated with --
<br /> � � the fazectosnre pmceedinS• UPon�einstatcment by Bartower,this Securiry.I�isi�ment and the obligar'r*ns that it sec�u+cs _ _ _
<br /> shaU temain iA effect as if l.ender had not rec�uicea immediata payment in f�;L- £fiawever,Lender is��yuired toQ�m�it �..--
<br /> zein�terr�ent if: (i1�a�has acceptcd reu�statement after the commence�:t of fareclosuce p r o c�-3�n 8 s,with►n tv�'o - __,
<br /> " yeazs s�tmediately preceding tFie commencement of a catrent farcctosure pnoceedi�.t�? �instatement vv�ll p[eclude �, ��T='=='�
<br /> • � forecEosura on different ground�.m.she future.or(iii)reinstatoment will adversely affe�c�e�rior�ty of the Gea created by `" '�H'��:�:_
<br /> ' � , thisSecuritY Instrumen� -° "`. >�y',- _�
<br /> ' �:�,� 1!. Barrower Not Rele�sed; Foe6ea�ance by Leader NM A Wai�er. Extensian of the time of payment or a ..,��j�;'�!-._
<br /> modification of amortizaaon of fie sums secured by thu Secunry instrument granted by L.ender to any successor�n intcrest :�•.r,:-�°-� -
<br /> of Borrower shall not ape�at�to rclease the liability of the original Bortower or Botrowet's successor in interest. Lcnder ' � ' �`�-
<br /> .. �. .�.._�.�
<br /> ,:��j.�h=
<br /> . shall twt he re4uired to commea^°proceedings against any succe�.sor in interest or ref¢se to extend time for payment or •�� • - -
<br /> othEtwlse mod�fy amartizadon�n�tEe�ums secured by th�s Secunty Instrument by�t�of any demand made�su tt�e ;��# r --
<br /> te :
<br /> original Sorrower or Brnrowers.s;�;.�essors in.interest. Aay��,-bearance by Lender in eace�s�r.g any right or remedR s�U• _;��' :i`:._
<br /> ,e,,,.;
<br /> � - not be a waiver of or rectude the'�ercise af anu a t or recr�e�y , � � ' , . ---- - ;��;��:`���_—
<br /> - l2. Successors And Assigns Baand;d�and Str��.Lbility;�� �covenac�����greemenis of .. ,�°;-t.-
<br /> ' this Security instrument shall bind a�d benef i��,��e successor���3 assigns of���a�.owcr.��;�;�s C�he provisions ', t.;_.';-__ �_`�
<br /> of Patagaph 9.b Borrower�c�s et�as��v and agreemcn�s K�:l be joint und sevei=� �.:� Borrower who co-s�gr<s this . .,,: �. .
<br /> � � = Seeurity/nsirument but does rtc�e�eeute the Note: (a)is co-signing this Security trb.+c�:,only to mortgage.gra.^�and '.�'• ', '��--=
<br /> '....,:;.. '�
<br /> . ��,�� convey that Borrawer's interest in�.ie Property under the terms of this Sccurity instrumcc�z�;M;�s not persanally ablig�:3 to , � � . .,._ ; _
<br /> °: pay the sums secured by this Security Instrumenh and(c)agrecs that l.ender and any ot::��::�orrawer may agree ta extend. ,..�;;.:.�� _.
<br /> ..' �_} mod�fy.forbear or make any accamr�adations with regard to the terms af this Security Ins�trument or t6e Note without ihat
<br /> , , Borrawer�consem. ��' -._.
<br /> ' . 13. Notices. My no�ire tv 3�2:wer provided for in this Security lnstrument sh;.r.�bt given by delivering it ar by : -_�,
<br /> mailing it by first class mail unle.��[isable law requires use of anwher method. '�ITs�:notice shall be directed to the .�;,;y+• ��-; -
<br /> �. • i�,� property Address or any other:�S.r�;�;�orrQwer designatcs by nolice ta Lxnder. Arty r�.�ice to I.ender xhall be given by i:�;,E;�.r:.',
<br /> I, ,. fitst class mail to Lender's a���s�'3:ated hereln or any addregc Lcnder dcyignutex by natice to Barrower. Any notice ���'�i,t;if'�?�:;,�
<br /> . •_:::� . , Qcovided for in this Security in:�rua�ent ShaIl b�deemed to have hecn given t�Hano�ser or Lender when given As provided �� �,.;fr�;;;
<br /> . , ;`�-, .::- '•'' �n this par��raph. •• �:. „x,,.,.
<br /> �''�'`'`�"�� � 14. Governing Law;Set:•r�bility. This 5ccurity ImirumcM shall be govemed.by Eedcral law:md Ihc taw c.E:die � , ' ''``
<br /> :.,,,,..
<br /> fr:�yw .. ,. .
<br /> . n q„ ��+ jur's:v,astivn in whlch the Propr:a4:y::lacatcd. In the event P_;�.�t any pravitiian or clau�:��f thi�5rcurity Instrumenc c•cilie .'.:t'"'fi�', '
<br /> ,, �..�. ,,�,.:,:.�
<br /> 'f NoCe con�llet�with ap�licable{a�N.�;uch cnnllict ytwU no1�►ffect ather provisian�vf ai'.i�::Security lnstmment nr tfte'Ni;C� � , '� r...;�;•
<br /> ';�;�:__ : whlch can be give�ef�ect withaut the conflicting provi�inn. 'fo thi�cnd the pri:�.i�s���a�t"'lhi�Security Inswmcnt uix�tike � '
<br /> -•'��-_�: �� Notearedeclamd��vb�sseve►ublr. '� � ' � �•
<br /> r: �„�.,..:.. .
<br /> �•�`�' !S. Borroa�'�sd'opy. Bonower sh�ll br given anc wnfi�rmed wp;��f ti�t�se�,ar�..y ln�ttument. �� �.
<br /> . •�.�� ! � 16. Assignment of Renta aorrower uncondd�an�dly:issigm and truncfers�to�:�,�i:er a11 thc rcnt�:�nQ tevrnues of tho {
<br /> �y� Propetry. Borrower authoriixti#�:�der or Lender s agent�to rollrct ehe rents and rever'u�and hrreby direct�each tennnt aP �
<br /> • •�, ' the Properry to pay ihe rcnt�tc►i�ndcr ar l.cndcr's�cents. Hu�vcver.prior to Lcndec::r�u�i�r ta Hurruwcr uf goaower's
<br /> � ' '�,��`=� , �: breach ui'any envenant ar agrerment in the Seeurity ln+�tument.gaao�ver sh�ll collcct t�id receive aU rentc:utd revenucs at' �.
<br /> •++.+.':'�..�. the t'roperty as truster for ihe henefit�►f Lcndcr and Borco�ver. '1'hi�a��l�;nmrm of rent,c��mtitutc�.N ub�otute a>�ignmem �
<br /> � . ;,�'.;`_�•�. • and not�n assignment for udditinnal sccurity i�nly. � �.
<br /> . ,. ;,., ,
<br /> If l.ender gwcs nutico oi'brratb tu Borro�cer: (ai ali rentc rcccivca by gnrroa•er�hall t+e hcld by�att��wcr:ts trustce
<br /> -' '. `� • Por benrfit oi Lender aniy:to bc applir�i t.•ihe.um�secured by the Security instrumrn�;lbf Lender.hall be eatitted to I �� •�•
<br /> - - -� '? rnllect and reccive all c�f�he ronis ot the Prupeny:and!e�e:u:h tenant��f�hc Prupeny�hatt pay all ren��Juc:utd unpaid to ,_ ._ . _ _
<br /> � -'+i��� •. . Lender or Lender's agent�n Lrnder c written dem:�id t��thr tcn:uu. �
<br /> - - "'�"= •-� .- 8ossm.:�et ha5 n�t e!:cYUt_w!t�nY Pri�x a«i�nment of thc rcn��anJ hs.nut:jnd�vill not perfort�s:u�y uct thal woutd �
<br /> . . 's�"� `rT~ prevene Lender frnm exercisin�itc rights undcr,��is t*er�graph 16. � ± • .
<br /> � ��'�5.�,' '• . Lcn�ier shall aot be rrymnd tu entcr u{x�n.take rnnta�i t�f ur maintain Ihe Wupcny txfurr or attcr givin�:n�ticc«f
<br /> ..,..y ,,,_�;,;, brexh to Bcmoa•er. Huwe�er.Lrnder�r a�udici.tUy appc�inted recen•cr may dv�o ut:mp�ime�hrrc i�a breach. Any � -
<br /> ,.eY•� , applicatiun of mnts shall nut curo ar w:�i�•�:my�lcfautl ur im•alidate:►ny nthcr right ut remcdy af l.ender. 'Chi�ur�iFnmcm �
<br /> __, - _ _:. �• .�_. _o!ten[s vf the Prepetty sludl termittate�when thr dcbt secutcd hy the 5ecutity ln�trumcnt iw paid in full. - ` _..v.�---
<br /> • , � ' � r�,�er+,/.tE,acc., ' ; . .
<br /> �;r` . •
<br /> . � ��
<br />
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