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<br />_�-='-�;=.:.flLxiaa'3Aii,� ' '" � • . . . . � . ' � - ' � ..�_�, �--
<br /> -- __��___ . _ ` . . . � '93.�o�3�ns - -
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<br /> _ . _ _ � t�9ments�witkA ete�+efetred to!n h 2.or change.the amotmt oY sucn psyments.. Aay eaoess over an �
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<br /> — -- 01i1QUDt iL'qU�IId ta Q.i�f Cil O1itoGt'r���ki�£;S��1".8i��!1l�3�Clff�lY L�''�nma};�rs�ja�•Ae..na�d�e Plsiit�'_-_,.__. _ _-
<br /> H ,,� lcga�ly cntt�tedth�r+eta. � � . � -
<br /> � 4 R !�. Lsnder may collect feca nud c Q a r ge9 su t ho r l�e d by t h e Secretmy.
<br /> 9. t3�Car A�cetet�ttana�D�t. . .
<br /> - ! ' (Yl lkef{W1�1.en�er may.except ag limited by regulatiio�i s s u e d by t he S e�e t a�3 n t ha case a!g a y m e n t d e f a u l f a -
<br /> " � � '�., tcqulro unmediote p3ymPat ia fuli of all sums ses�ued by thia Seauiry Instruntent� . _
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<br />_ ' `.�_;�--=_::nr�= � t i)i i a rt o w e t d e f u W t s b y f a i l i n g t o p ay in f3il1 a q y moathl y pa y m�nt z,e quired b y this Secucity instrumeut prIar. -.
<br /> _ ��:e��;��;e�'�. t o o r o n t h e Q u e d a t e o g il t e n e�m�Y p�!�� � _:
<br /> �� { >- t1I)Boaower defnWb by failing,for a petiod of thtct�days,to gerfmm eny other obligatiaas conmined in thic —__
<br /> �' SCClt�f_it�yItls�t�lertt � - -� -
<br /> � '- 6 - tbl fi9ds�1 bout Ctedlt A t.endershatl, . •. w ���-
<br /> �;. 1 ppsovat. ifpe�mitted b�eg�c.��?. and wit�the��ap�av a t o Fth� _---
<br /> �, , L: 2 ' Sereetary.reciuiR imjnc�dtate paym$nt in ftill of all the sums securedb�.�s��Eassuument i� � }� -
<br /> a
<br />- � � (i)All or part af the Pcoge�ty.or a beneflcial imeiest in a tn�sx��rzr�a��UYa'r�rart of We Pcope�y,is sold or _�.��----
<br /> .x::.. `• `� .` athenvtse transfemed tothes than by devise or descent)by tI�e B�arvi��;aad" F,�'�°_�"
<br /> h . �R_==--_ ----
<br /> � r . (ii)'Ree Ptope�ty is not occupied by the piuchaser or grantee as tais cgx her plrincipal residence.or the purchaser . __ ----
<br />�`� r� � � or gamfee dces so occupy the Pcaperty bnt his or her c�:has not Geen appmved ia axordance � � ____
<br /> �� a, ,.<, ,,,. with tho nquirements af the Secretary. . .. - � , == - --
<br /> s?� :�`y� , .�.� . el No Watrer. if cimumstances oaur that woWd penait�en�der to.�equite immediate payment in fW1,but Lead$c:. ;.� : . ,��--��-
<br /> � ..u�---
<br /> �.�. `' oa�note+cquiie such pa�yments.l,ender dces not waive its rights wrth ., to subsequent events. - � �w=a��==-=-
<br />�-;,.n� ��,� -� ` (A!itequQaaoat ot HUD 5earetasy. Ia many eircumstances�gulat�ons�ied by th��eta�w�I limit l.ender�'�� ��-�,.��==-
<br /> < oai
<br /> — ' °��"-�� Iight9.in the cuse of payment defaulu.to require immediate paY�ae�t in fu1I an�foredase�IIcnpacd. 11iia �� �s- _---
<br /> ``,;v`, ; `. ��;� " Secu�tisy Inst�ument does not authorize soceIeisuon or foreclassue if aot g�med Dy a�atioi�s o€the Secretary. � ,,:���=-
<br /> `f-1 f� f �.c` _.
<br />�;�� . (e)Mortgage Not Iasured Bmrower agrees that ahoutd this Security iristruat�nt a�t�e aonz secvied theaeby noi � _ =
<br /> �" _-
<br /> ��„ be eliglDle for insurance under the Nazional Hnusing Act within �:9Q,DAYS :� � from t�he. .: ��� _
<br />�•� .' dnte hereof.Lender may.at its optIon and notwiUtstanding anyt6ing in Paragraph 9,mquue immediato paymene iD � " :�� ` _
<br />��`�r `' Nll af al!sums secured bY this Securtty Instcumen� A written srat�ment of any suthoriud ageat of We Secretary _-: - ° - - ---
<br /> __., � � `� dated subsequent to 9D DAYS from the date hereof,decliaing to insure this Sewrity ;-i.�.---
<br /> � � Y"4 Instrument artd ttte note secured the�eby.shall de deemed oonclusive ptaof of such ineligibility. Natwithstanding . ___-
<br />��"�,.� ' °, .� tAe foregoing.t�is option may not be exencised by Lender when the unavailabiliry of insurance is so2ety due to =__
<br /> ° � �" Lenderb failur+e t�remit n mortga�e insumace premium to the Secretary. -
<br /> � � 10: Reinstotemettt. Bormwer has a dght m�e reinstated if Lender has�equired irnmediate payment in full because =---
<br /> ' o f B o m�w e rb fnil un! tn pa y an nmount due under the•Note or this Securi t y Inswment. 7T�is right applies even after =
<br /> � �;• ' � �� ' � foreclosurc pmcecdings cire instituted. 7b reinstate the Securiry Inst�rrument,Homower shaU teader u� a tump sum all
<br /> ' - � amounts requimd to bring Bortowerk account currert inclading.m the eatent they are obligations of Borrawer under this
<br /> • - " Security instrumcnt,fotectosurc costs and teasonabie and customary attomeys'fees aad expenses pmperly associated with. . . '
<br />- " �°'•' k:='S�:��*�s�„ tl�e forectosure pmceeding. Upon reinstatement by Bocrower.thIs Security Insdument and.the obligadons that it secures
<br /> ,`:��;,'���,�;�,`�*��'�. : shall remafn in effect ac if t»ender had not reyuind immediate payment in full. However,I:ender is not cequired to�emiit.. _
<br /> ��t���`x �'��� ` �ye��s�immediat ly ptecedingh heacommencement of a�cunentl forec oseure p�ceeding,l�('�i) reIntatero m nt�wi111Preclade �
<br /> :'�i �� � • . '��.' foreclosure on different grounds in the futuce.or(iii)reinstatement will adversely affect the priority of the lien created by. �__
<br /> - . . � this Security Instrument. .:;� ' �.�__
<br />-" `'_�>� ��'` 11. ITorrower Not Relesisedi Forbearapce Dp l.ender Nat a Waiver. Lxtensioa'of the time.of payment�,or �_-
<br /> s
<br /> _ '.ar•: ; ,•�`: modifi�atton af wmohizution of the sums secuced by this Securit�r Instiument gractted by Leader to aay successor u►mier�st _--
<br /> ;,��,;� , •� of Borrower RhaU not operate ro relea�e the liability of the origmal Boirower or Borrower�successor in intecest L en der '
<br /> ��;: � . ,,, .
<br /> ,_4: . '• � ahall not be reyuimd to commence r�xeedings against�tny successor in interest or refuse to extend time for payiaeut or � �•
<br /> p �.;..;•-
<br /> '���' •�• ��.�. otherwise madify emortizatiun uf�he sumc scrurcd by this Securitg insaument by reasort of any demand made by the -• •
<br /> • ;;,�. `'� '.,;"�..., ::�; —
<br /> ;..,-„s.;,�� original Borrower or Barro�verk,uccessars in interest. Any farbeamnce by Lender in exercising any dght or remedy shall .:' :�`;,.ti�r-
<br /> � �"�' '` :;14`,����,i�,•' not be v waiver of or preclude the excrrise of uny right or remedy. ti;��
<br /> '��'1t�° ,� �� ' "�i 12. SuccessorR ond Assigns Buundi Joint und Ser•eral Lta�Hity; � ,�;y� ��r_
<br /> CaSFgaers. 'f'he covenants and ments.of
<br /> ;"i.•_ � .�t.�,�. • ��,��',Y ���=_
<br /> ;��i:`':'"=` •P � � thls Security Instrument shall bind and hcncfit the+uecesson ond assigns of i.ender an d eoirower.su bject to the provisions �., �. ; .,,,;-
<br /> < _���.
<br /> ;r � • • of Paragaph 9.b. Bortower�covenant+ imd ngrcement+ shall be joint and several. Any Borrower whv co-signs this =��-
<br /> ���'� ' � � 5ecurit Intitrumem but doe.r not rxcrutc �he Nnte: lul is cu•si nin this Sccurit Instrument onl to mort '� ���
<br /> . t and ' ,
<br /> . � cnnvey that Burmwer'�intcm.t in�hc Pn,pcny under the tcrms o1'th s Scrurity In.i�ment:(b)is rcot personally�obl�ed to ��:•-� ��''�'��=
<br /> ,, pay the cumc sccured by thiv 5ecuri�y turaumcnt:und Icl agrec�that 1.ender and any other Borrower may agree to extend, �:� ' :;' .�' '� !`
<br /> � , modify,forbear i�r make uny nccumm�xtati�m.with regard tu the tenns uf thi+Security Instrument or the Note wrt�cxJC that • '''� " .
<br /> � � Borrowcr�canscnt. . :::',`�•�`
<br /> ' � � � 13. Notices. Any noticr tu 1lurro�v�r pravidcd fi�r in thih Sccurity Instrument shall bc given by delivering it os by ".����'`..:•.�;,;;,
<br /> : �},:•'..,, •• mailing it by first cluw mail unl„r.�pplicabtc la�v rcyuircw ure uf anather methal. The nouce shall tse directed to the : 4� � .. : _
<br /> • � � Propeny AdJresti or uny nthrr oddrcr+11�►rn►w�r dr.ignatc.t►y n�►ticc to Lender. Any natice to Lender shall be givea by . ,�.:: � :.'��.'
<br /> first clArs mail t�+Lendrr+ uddrc+,�tateEl hcnin ur:�ny addru�r l.endcr Je�ignatc� by noticc to Borrower. Any naai�ce ��-�'
<br /> , ;+:,. .� ::�•:•.. � � •:::;:� ..
<br /> i� ' . . �+t��,� Qrovided for in thi+Security Inarumcnt�Ir.dl hc dremcd tu havc M►�•n�;ivru tu purruu•cr ur Lender when given us provided :� r�., � ��,
<br /> • ' ,:, �n this pamgmph. . . �
<br /> ...�• :.;.`,.. . .
<br /> :,r., 14. Q:overntn�I.u�vs Se�eruhllU�: 1bi+1c�urity In�trumcnt e.hall be gavcmc�i by Fcderal law and ihe law of the .
<br /> ?�" � uds�diction in whicb the I�rapeny h I��.atrJ. 6��he c�•em�hat uny�pr��vi�i�m��r clauu:of thiv Security lnstrumont or the • ''��� .
<br /> ` � ` � •• �ute conflirts with applir.ihlr I:���.+ucl� cnnllict�hall nut edlec�uthcr pn►vi+ions��f�his Security Instrument or the Note '. ' � ;
<br /> ;. which can be given cffcct wittwut�hc �unlli�i in�pw�i�ion. 7i�tld�c�td tl�e pn+vi�ionv�►f this Security lnstrurt�ent and the ,;�:?;; "�" '.
<br /> �r _' � Notc nm dcrl.ued to hc ne��craMr. _ .?.'��
<br /> ; �r3���;.
<br /> , '�, ., • 1S. Iiorrower'R 1'upy. Nurru�uv�h,dt in gireu o�K cunfurnred cupy uf thi�Security Instrument. , ;:,:�,.. � .
<br /> ;� .�.,I, ; !6. Asslgnment uf Rcnt+. Nurr���+►r un��ui�dufun�lly a.�ign.und trun�tcrc to i.endcr ull the mnts andrevenues of the •
<br /> � ,� , ' ptoperty. Borruwer uuthuriic�I.�nder or I.ci►.1rr:o�;eu��tu wlle�t the rent�and revenues and hereby directs each tenant of .. �
<br />- Ihe Fltoperiy to Qay the rent+lo l.cnd�r nr l.cndcr�ug�nt�. Nua�c�•cr,prior t��L.cndcr's notire w 8orrower of Bomower's . .: •�•_•:,"�:� �<<'�;�
<br /> �' i._>t•e-
<br /> "� � bieach of ony cuveuant or u�emrm���U�r tiecuril}�lu.�rument,Num�wer tihall culleCt�nd teeeive all rents and revenaes of 5�:;;'.i:'� ;
<br />� ' ' � the ikv tt u+trurteL•for Ure f�r�►elit��t I.end�r im�!Horu��rcr. 11�i�ar•si nment uf rcnts runtititutes an absolute mssi ment � ��`�'��� . r��
<br /> _�;. .. P° Y g �" `_�,`�,;�;
<br /> _: ond not an ossigamcnt fur uddiUonal�ceun�y���d��. . .". �.'� �..
<br /> ;� �>;;: ''. I!Lender giac+nnticc u�t►rc:�ch t��Nunn��cr. la�all rcnt�rc�ci�ed b�•Barrnwer hh�ll be held by Borrower as m�stee . . �• . , ;
<br /> „ �_4.•�u. .',�,+�• , for 6enefit nf l.ender only,tu hr uppticJ tu It�e��im��ccund My di�Secunty Inswment;fb1 Lender shall be entitted to :
<br />- •,, a,�; . .� collect and rec�eive utl nf�hr rrnh o(Ihe Ytn�ny;unA Icl catih trna��l ut the NrupeAy sha11 pay nA rents due ertd unpaid to � � �� .
<br /> "�`''.� - � L.cttder or Lcndcrb agent u�i I,cndcrk writtcn dcm�utd h�thc tcn;utt. � .
<br /> �.�ti..;:-�t:;•, .
<br /> ,4<,,,., ,�.�.:• .; Borrower hu.+nut exrcutctit m�y pii�n nrhi�nment uf'�he rcnt+und ha.w not and witl not perfartn any act that woWd �� .
<br /> , ;, �...�. pzevent 4eRder fa�m excrciylog i1�rlgt�h unQcr 1�i+wuuNra�h IG. �
<br /> '••`y�`•• '��� � L.end�r ehall not hc rcyuimd tu cotcr upnn,tukc c��nttol��f or maintain the Roperty bcfore vr ofter givins notice of • � • .
<br /> � �''��`�"` brcach w Botrowcr. Huwevar.I.citd�r��t u jud�cially upp�rintcJ Ceccivcr may du tio ot ony time there is o breach. Any • •
<br /> ' ''' �' applicatton of rcnt�tihall nut curc ar w ul�a any detuuU c�r Invnlidasc any mher riglu nr remcdy of l.ender. This nssignment • • • .
<br /> _� r• �, of rents of tho Raycrty tihull tctminatc��hcn�hc deM rccurcd by 1hc Sccudty Inrtrumcnt fs Qaid in full. ' . '
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