|
�� . . - , - . . : �
<br /> :,, . . , ._ - - - -- - .
<br /> �`�' - - =�:_ :- - - -
<br /> _ .
<br /> _,
<br /> : - - .. - - -- - -
<br /> 41� ..--_- " ' •., - _ , - . . _.
<br /> ��r ,.. ..'- "' s � - :- ,':. . . . , . . . , . . - -- � - .. . . _ . t' �� - - --� _- --_-_ __- �. - .
<br /> y ti��.e:-i:i�'._ _�.�..� . .� . . • . . _ . . .. . . , - . ' ,
<br /> -_- ` � �. .: � ' . ._ , � -.����1 .. .
<br /> _ '- 1'. • . ' � .i -�� -
<br /> .; ,. � . :,. _ ; i .. . . _ . .. _
<br /> � . __ . . . 9 -�- � � �
<br /> �� � ` w�.�i�;et�ea w m �a�a�C�he�ma�m�a��ictc�� �►�t�o�er:�
<br /> : �Qmt iC41i�1��R Qily�t�Qi�3t���r�Ulldlt f�NaC#�1hiS'C$l�G�Alt�l IfISfl11tt1Cat S��7G�t0(�iG Cfltt�i
<br /> IeSaIly a�tled tUereto... ` - , . .
<br /> � ..-. ..�i�e�.I.enderm�ycollectfee.ca�dcluitgesaiuI�ait�odb}�tbaSe�cetary. .
<br /> ° !Gre�lt far A�d�ebt. : - �
<br /> (a)U�J� t.eeder may.ea�a�u limited try segu[�aqs issued 6y the Sea�etuy.u�tt�case af,pqy�es►t defautts.
<br /> eequirc immedi�oe p�yieent in fulf a@ a!!smns sa�nedbY ttus S�uity lastr�m�if' �
<br /> t�Bamaarer defiutts by fa7in8 to pay in fuU any manthh'%Y��N��3►��Y:�P� �
<br /> � � tooron iheducdateof tAe tteat manthtY P1Y�•� � '
<br /> C��Bonowa defsutts by failing for a penaA of thmy days.w petfonn any:otl�ec.obligatioascontained ia t6is
<br /> tast�umprtt.
<br /> _- � (b)�t Credit ApptaYSl. l.eakr sh�U.if permitted by applicaAte law and.witll the priar appmval of tbe ,
<br /> _ �Y.��Fal+�in full afi all tbe sums Ex�aed bg this Securit}r instn�aKat if.. -. -
<br />__-= - �.AII or�rt af t6�Ropetty.or a beaefici�l au�in a uast owning all ur.p�ct oF the P�opeKY•is soid or . ,
<br /> -- . " - �vis�e transfemed E�thaa Dy dev':sa or desceflt}by tl��asvwcs.and.; -
<br /> - — Cu�7i�e Ptaperty is nat ovcupied by.tbe pu�er a grantQe as his vr.her prirt�ip�1 tesidenoe,or thc puchaser
<br /> � ac gra�ue ciaes so aecupy the Ptoperty but his oc hear.credit_:tias not,.boea.appmved in aooatdancc .
<br />�:��� with the tequi�aeatso�the Secntary.
<br /> "- (c?Na WidveG If�ocau t6at ww�td pe�mit L.eader w reqieue immcdiate paymeru in full.brit I.ender
<br />:``'t''. doas na�oquue s�chp ayment�.I.cRder does not waive its rights witb taspocc to sabsequent evrnts.
<br />-:.�•h�°: td}Qe�tioas at AUD S�ry.-irt m�t►y ci�wastances regutatioqs issued 6y the Secretary wi"ll liacit taoder's ,
<br /> riglus,in the case af paymrnt defauits;,to c�uirc immediate paymeat.in f�ll and faxlose�f na paid. 7'6is
<br />_ .. Seeutity Inwuinent dces not auihotiztaccekration ar focecIasute if notpemtiued by togalatirnts oFthc Sec�etary. ` _
<br /> ` • te?1HoMp�e Not Ta�ed. Sortowereg�es tbat shoWd t6is�I�t,and dre.nore savned ttteteby na
<br />:_ . .� ..!�e digi'bfefoe insuYance under d�e.N�mi�a! tlaasing Act widrut �; � �::� fmm tbe
<br /> "a! �
<br /> '. � .. 'daoc ha+oaf�t,en[kr may.at its optiaR aad:�otarithstanding am,ri�tiu�ia Faiagra��roquire immediate paytntnt in �
<br /> "`."r� ..• fult uf��"iiios secured by tE�is Sazu�g Cu`sutun�a. A written st�t ijF am:aWhorizod agent of the Saeetary —
<br /> ,, -. daud suhsequent co .: 8 months �� : . from the dau tie�f i3eclining co insuce this Security - ,�.-_
<br /> ,;,
<br /> ItuYrwnent aud d�e r[ate secured the�eby,shaii tie c�e�sfed conciusive proof of'srdi,iaeligibility. Nohvi�ng ��,;;��_
<br /> --- . - i h e f o t e g o m�.�i s o p E i a t r r n a y n o t ti e e i t e r c i s e d b y i.e n d e r w h e n t h e u ra v a i t a 6 T rt y.o f i n.w c a r�c e i s s�t e i y d u e t a �'�-`"-_ti= -
<br /> ., ` ,�, 1.endePs faiiure to remif a martgage�ce pmnium to the Secretary. .:<.- `�
<br /> , < r�;< < 14 Raast�temenL Sasriiwer has a figi�to be rsinstated if Lender hac n:quired immediate p3y�t in full because , :,
<br /> ��• of Bormwer�s failun to,pay��nourn due uIIder the•I►tote or this Securiry Instnrmau. T 6 i s ri g T�t app l ies eveu a fr e r ' _ _
<br /> '�'�'�°'� � foceclosur� are asaiuted. Ta rcuutate tl�e Securi lnstrument,Bormw�er s�all tender in a lump snm all ":�°`''- -
<br /> �r.:_;�.t;�;.,•` P[oceedin$s ry
<br />, . ;��,,.. . �ants�equired to bring Borrowes's account current including,to the eatent they a��abiigarions of�orrower under this ' F -
<br /> • . ��.�_ , . Sectaity Instru�aR.forcclas�me cost4 and reasonabte and customary attorpeys'fees and expenses properiy associated with _
<br /> ::�.--:��' ttfe fo�clos�ut�nicading. Upon reinstatement by Batrowe�.this Secwn.���strument and the obli�un�that i[secunes :
<br /> '';.c,��. "• � sfiall iemain ia eti'eict as if L�.mder had aot tr,.quirrd�mmediate paymeat ia_fu�• However.Lxnder is Rot ci:quired to peirqit . . =;��-
<br /> ��.�• �i if (i)Lender hac accepted remssatement after the comaie:�ement af fareclosure prar"e.edings wi�hin;two•''� �: _ ��.�.
<br /> ' � y�smmediately preceding the cammencement of a cwrea[ farectosure proceedia���)reinstacemem will pse�.,lqde � r"�`::
<br /> . `"�� fo�towie an differcnt grounds in the future.o�(iii)reinstatement will adversely affr�a:d�z grioriry"of the lien creaced by � ~�`�°_°� `
<br /> ,>:�: i..�
<br /> . ,. ' this Seeurity lnswmen� ; . ..
<br /> Il. Borrmve� Na Releaxd;Farbeaeance by l.ender NM a Waivw Fatr��n of the time of payment or � . _
<br /> ' . ' madiftcatian af amartizatian af the sum�s,ecured by this Security Inswment granted t�f:ender ta any successor�n mterest . __
<br /> � --- -:: -- - of Bazrawtr shall nw opetase to retpse the liability of the original Bortower or Borsa�:�'s succescor in interest. l.ender '��'' -_ __ _
<br /> . �k�,',, _Y' shall not be required to commence praceedings agamst any sucressor in interest or reEr�v:to extend time for payment pr _.
<br /> '1: •�=F.� otheswise madify amanizauan of the sums secured by thir Security lnstrument tsy ;�an of any demand made by the � � ,
<br /> . =�' '`Y'� origin�l Botrower o�Borrowert successors in interest. Any farbearance tsy Lertder rn;e�;:rcising any right ur remedy shall --
<br /> ' :,;',.;t,. ` not be a waiver of or preclude the exercitie of any right or remedy. . �_.:�� . ' `
<br /> ' ; 'T:R�?: IZ. Suoca�wrs and Assigns Bau�d;Jaint and Several Lia6111ts:4`a�Si��ners. The covenants and ageements af ; - °_
<br /> `��'r ; � this Security Mstrument shall bind and bene�t Ihe cucces��rti and m�rignx.�f:[�r:.fer a.�d Borrower.subject ta the provis�ana . � -_-- •
<br /> :.'� ;, � ' _ m" . •'���
<br /> • ":, .: • ' grap S 1 Y € � . r;:—�
<br /> _ ;,,�.'.,� ; � - of gara h 9.b. Borrower�cavenan�.v and a �eementr sh�q be'oint a:vJ sevr�ti _�n Horrower who en-si si�thi.c
<br /> , x:._:.:•. •� ty � S Y Y �S �� 4 -
<br /> �.�,t.., , :��•��� . SH.r�,i Instrument but does rct execute�he Note: (a)is rn-�i nin this Securit 1r�L��nt on1 to mort e. '�and , - _ =___
<br /> ;' i;:`•:;.. :'��:'x�: ca�.y ey that Borrawet's intere�i�:ti•�t'.e P�'�perty under the�t�Tms cf this 5eeurity lnstrutsr�air.�:i bl ic not personally oblin���ed to �, , • _ _ _—
<br />• ';�'""'�°�%•• A' ' ' ga�+ihe sums secured by this Srra�,rri�tasrr,;.rr�,�r;aad t c�F.�eey that L,ender and any c�:3rr Borrowcv r�ay agree to extend. • ��—� -
<br /> ,.,,�,,:... -,.-�
<br /> � .,t'�n ��fi --
<br /> ,,. ��j� modify.forbear ar make a�r aac�ra'nad;a;on�iuiih rrgard to thc tcrmy of this Security In�trumem ur the Note wifiout that ' � , ;��____
<br /> `'�:: �:� Batrawer 4 consenl. - " ' i � � --
<br /> �;':�'`:=='" • !3. NWice�. Any nntia:��i.Qoaowrc�ntsided Far in this Sccurity In�trument t�hall be given by delivering i�or by ? ```"i��i'•�='-"
<br /> `• � • mazting it by first clacs mail ur,Cc.�ss applicahle law reyuirer use of anothcr mcthod. 'thc nnticc shall be directed to the i �� . . , . '
<br /> :'��F��'`''� Ro Address or an other addres� Barrower de�i�nate�:h noticc to Lcndcr. An notice to l.cnder�hall he wen b �
<br /> � �;,�.:. ;�:;. P�Y 9 b Y Y S Y , . •_ • .
<br /> � first class ma�l to l.cnder:s address stated he:ein�r:my;sdAro�. I.cndcr..de�ignate� hy iwtice to 8aaawer. Any nolice � . •
<br /> . , r�" ' ���' ' Qrovided for in tlsis 5ccurity lnstrument�hatl tx dremcd to havc bcen����n.tE•Burrowrr i�r l.cndrr ahcn given as providcd ' � • '
<br /> . - m this patagraph. E ' �
<br /> ' 14. 6overRin�Law;Setieta�ility. Thi� Sccurity ln�ir.:aun�Shail hc go�•cmed by Fcdcral law and thc law of thc �
<br /> � : �. jurisdietion in which the Pro�cny�i.s k+caied. In the cvent �h�t anx pr�»•icion or cl�ui+e��f 16i�Security Imtrument r�t'�e ' .. '
<br /> �'�;:;,j;�.�:�. � Note conflic�c witb applica6le�a��. :.uch cc�nllict tih�tl not ::ff�ct��ther pr���i�iun�of'thle Security tnurument ar th����Ir •
<br /> 't•,.�r<:, which can I+c givcn cffccl withwt thc conf�iciing pri,vi.ion. 'fi+�hi.rnd thc pan•i�ion.��f thi�Sccurity In�tntmcnt ar:.i thc , •
<br /> . Note are eteclared ta bc�everable. � •;_+ ;
<br /> • 15. Borrawer's(:apy. gurrowcr�I��ll Ir��Livrn tmccanfannedcc�py of thi�.Sccusit�Inetcumrnt. : ;�.`"�
<br /> ' 16. Assignmenl of Rents� E3csrroucr urcvnditian�il{y a��ign�:md tr;m.irr.to l.cndcr:JI Ih4 rcttM s�r.i rc�•enue.uf tho � . � .. •
<br /> ' Property. Borrowcr authari�cy I_rndcr ar Lunder:a�;cr�t.to call�:�the rcnt.�nd rcvenue�and hcreb� dir4ct.cach ten•.:nl uf - ,
<br /> thC Properly to pay the rcnts to l.ertdcr or Lender�:�gent�. No«•ever,prior u+l.rndrr:n��sicc 1��Hotrutre�uf f3umj��•er�
<br /> ° ' brcachaf uny covenant ar agr��.�ment in the Securih•tn.tnnncnL li�itrowc��hall c��ll�et attd rrC�it'c�Il,mm�un�i rerenue�of••�
<br /> . the Ruperly�s trustee fnt the tx�ntftt of l.endcr.►nd liunmcec I hi�a��i�nm�nt af rent.u»n.�itutr..o�ab���l�itv:+�9ig��men�, ,,
<br /> . :u�d na1 an assigunsnt far;uiditiunaf.crurity oiil}�. �
<br /> � � If l.ender gives�notice of hreach to Anrrower: tar ull nm�rcceiti•cd t+y Hua�++�rr.halt In hetd h��H��trouer u+trurt��; �
<br /> . , . , for bcnefit nf Lender unly.t�bi applied tu th.,um� .�cettrd h} the S��;utity Indrumen� Ibti L�nd.r�h:ill t+r entiU�d tu�� , ,
<br /> colldct und receive all��P the rent.��f thr I'topcm:an�i�c►e.ich trn.mt E�1 th�!'n,prr�� .hc�U p:�y :dl r�nh duc:m�t unpaid ta •
<br />. - `� - - � tcnder ar LcAJer�agent un Lc�tdcr:«�atrn d�rn,�ui tc•th�tenant - � � -
<br />- .--- - ----- ---_.:_s 8nnnu•er ha.nat eteeate�!:u��•priut a�si�nm:nt of thr tcut�;uEd h.i,not :uid will nut nrrfunn anv :ict�hat�4vulef _ . . _. -.- -
<br />, � prevent Lender fr��m exercising it.rig,htc undcr ihi�{�'.ItJ�C►J�I1•Ih. . s.
<br /> l.cndet+hall nat(x rcyuirrd ta rnt�r upE•n.tukc cuntrol oi ur mauiLUi�the !'ri�pertt Pkf�vc��r a(tcr Ln•inr nutirc++f
<br /> � Oteach to HnrrowRr. HaueYer.Lendes�,r a jutfici�ll�� :ippainhd rece��•er n�ay �lu w at auc tinte �hetr i.a brr:�ch. ��n} �
<br /> ' .� application of rems shal!n«t cur.sur�c:iive�ny�icfaul���r is►�alcd�tc a�n vtt�cr ri�h�ur rerr�eilti F+f Lcndcr. "fhi>a..igronrnt
<br /> . ot rcntv vf the RupeAy�hatl t:�rttin�te s�hrn the deht.rcutrd hy the tircuritc Intitrument�.�.�id in tuli.
<br /> � r�.�i�t,�fsp,�cr��
<br /> _ _ _ _. . . - - _ . �
<br /> i
<br /> _ t e I
<br /> I 1 �
<br /> J.
<br />
|