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<br /> 'p�yn�s,vrhich m rcfs�ed to ia Para 2.a d�a�the amwnt of suic6 paya�aus. Aay exau pmoeats unrcr an �
<br /> ` a�aoa�t re4�t�ed a+WY all aus�ding a��odoess undar t6e Nae aad this Sa�.wiry tactrumrnt s6aD be pa�d to the ent�y
<br /> � leaaliY�titlod d�e� . .
<br /> . 8. Fw. L�der may wllect fees and clurgssautt�iud by tht 5ectetuY. " '` . �
<br /> �Gro��ds t�Aeat�dio�ot D�t. �ssued,by che SeRetary in dx case of payment defautcs.
<br /> (a)Dd�dt. i.mder may.accept zs timi�d by ieg�ulations'ssu , �
<br /> tequiie iromediue LraYment in fnll of all sums sectueQ by this Suurity Insuument if: �
<br /> —= C}Boitawer defaults bgf�itatS io�aY In full any mortthlF�Y�m4��Y-this Securitg[nstrumedt pc�or ; --- ---------
<br /> ' tn aoo t6e due due of the nezt monWy paymaot,or -
<br /> - =� ` • fu"�Bo:mwec def�utts by faitis�g.far a periad of thirty days.to perform�ny other abtigations conta�cted in this - -
<br />- , ��Y�°L vat Of t1tC °x�
<br /> ":... (b)SNe�itroat Credit A�proval. Le'nder shall,if pemutted by appticable taw and with the PnoraPPro =--=
<br />.- - Seuetuy.io4�ure i�nme�e FaYment ia fnll of all the sums secated by this Savrity tns[�ument if: -- -__ —
<br /> _ . . C!A!1 or iwrt of tbe I�roperty.a a txt�&c�al.interest in s tnut.owaiag ari or pan.af th�Praprny.ic sold or ` �._01,�
<br /> ot6awise uansiertcd totlkr thaa by deviseordcscem)bY the Bamwer.at�
<br /> - - • (iif'fhe ptopecty is aot acarpied Dy.tbe ptrehaser a&rantoe�his ot f�prisx'ipal nsideace,or the purcliaser �'�'�_-��-�
<br /> . a graatee daes so occupy �he Pcopeny but liis ar her credit bas not beut appruved in accordance
<br /> -_ _ _ with tbe nquirements af the Socretary. ?' _ = � q
<br /> . i' • lc)No Waiveti If ci�wns�nces occur that wailQ perrmt I..ender w iequue im�sedi�e paymei►t in full.but Lendes t;�' '�;;�.�._-
<br /> _ � 1 � does not iequire such payments.l8ndetdoes not waive i�s rig6u witl��especE fo snbsequent eveau. • •.._}r::== �
<br /> .; `. . (d)Re�atioos ot AlJD Secsetu7s ln manY n�rt�sta�a trguladons iss�d 6�c the Secretar�wifl limit l.ender's ' ':;���-
<br /> �_x..��
<br /> . - rigbts,ia the.case of paymene deFaults,ta require immediate pa y m e nt in fnII a�faectase if aot paid. 77tis ,:` - -
<br /> . �� Seca�ty Insmia�ent daes not awhorize acceJeration or forec iosum i f aot petmi�d i s y re g u t a t i o a s o f t d e S e c r e w ry. . ;.q'.-,
<br /> � �.r�?.��:.= _ k)Mort�e Not Iasnr�d- Bompwer agrees th�t s6ould this Security tasuui�and the note secured t�i+eby not =�_
<br />- F ; . 6e efig�'bkfat���e under the Natioaal Hou.dsrgAct witlun 8 1QOistt►s •�the �� _.��
<br />= date dereo�L�ender may.at iu aption�and notwidss�nding anYthinS�n P�rag�aPh 9..requue immediate Evvucat in . . ,`_
<br /> d -
<br /> s' • fiill of all snms secured by this Secartty instnimen� A written statemart of any autborized a�t of tLe Secretary , .. . -:_
<br /> • �. ' ,��. � dated suksequent to 8 mantbs fca�n the date hereof.decliniag t�insure this Securiry . �n-.
<br /> , .,. '`', ' . . lastt�eat aud tl�e note secuzed theceby,shal!be deemed concfusive praof of such ineGgilnTrty: Notwithstanding . . r�, '• ? ;`
<br /> • , ' � the�foiegoing,this�Gon may not be execeised by l.et�der when the unavailability af°u�ctuance is stiieiy due to -
<br /> � � � Lender's failure to cemit a mortgage insurance premium to the Secnnary.
<br />• � �� .� .',=�-= ` 18 Rei�smad. Borrawer das a right to be reinstated if Lender has required immediate payment in fuU because • � , :;;.
<br /> � � of Brnmwer's fa�lure to an umount due under the•Ncste or this Security Instrument This nght applies even after • `� �
<br /> '� �' . ''' foreclosvre pmceedings a�re instituted. To reinstate the Security lnsuument, Barrower shall tender m a lump sum all .. ''� . ..•":-
<br /> . �* ;:`=��'.;;` : ' aauwnts reqwred to bring Borrowers accoant ccurent inciuding,to the extent they are obligadons a�Boaower under tf�is . - , :' '�'=
<br /> �acity Instrumen�facectosute cosis and reasonable and customary attomeys'fees aa�expenses gsaperlY associatea with � . -�a.�
<br /> • . t�;t�iectosure proceed"mg. Upan reinstatement by Burra..er.this Security Instrum�nt and.the ab?cgations that it secures ' ; - '��'-
<br /> - `st�:tl itmain in effect as if Lender ha8 not mq;:ired immediate payment in full. Howez•eE,ixada�i��ot requind to permit , •� :
<br /> ... - � ieinstatement if: (i)I.ender has acc,eptec�erirstatement after the co�r.:�encement ot fare�i��ed'►ng.s,within two� F�'-. , ,;
<br /> _�' :._�_ � years immediatety preceding the comrr:��n.ent of a currenl forecit�:a2 proceedic�..lri!r��t v�n11 preclvde ` ;.��-;
<br /> - - - foreclosure on differem goumb in ihe€=��k:.ar liiil sci�ciatemcat wi3�.zd�etsely affee[the ptivr��c�the lien created b�; ._ €�___ .=_. - __a:
<br /> -��� � �
<br /> this Security InsuumeaG , ,
<br />' � , 11. Sorrower Not i�d�sed: Forbearance by Lender Nat a Wairer. Extension nf the time of payment or� , '��.
<br /> � + o 'zatian cf t:�e sums secured b ihis Security[nrtsument granted by Lender to any successor m mte�rst � • i
<br /> modrficauon of am rd Y
<br /> � of Barrower sha11 no1 operate to relea,e the liability of the original Bormwer or Borrawer's successor�n intemst. l.ender . ,
<br /> ` ahall not be required to commence proceedin�c against any succesux in interest or mfuse ro extend time far payment ar. � • _
<br /> - � otherwise modify amartization of the sums secuced by thir Security lartrument by rea5on af any demaad made by the ; , : ;�
<br /> - ' � '. original Boa�wer or Brnroae,r4 successon in interec� An;!.forbearance by l.ender in exercising any right ar remedy�hall : _
<br /> � �:�� - . -' not be a waiver of or prectude di� exercise of atty righ4!z{r:r',edY• �
<br /> 12. Successors and Assigns Round;loinl an�S��s�al Liabll3ty;Co-Sig,nerg. The covenants and agreements of �
<br /> '::�':•,, � this Serurity Instrument shall bind and hee�c��She suceesso-s and assi�ms of l.ender and Borrawer,�t:��ct to the provisions _ �
<br /> , ;r:
<br /> :.�.�.�,.�;:;, ' ,`: of P�aragraph 9.b. Borrowets coven�'.�.e�rnf agreemer�ts shall be�c�r.0 and several. Any Barr�::C°?"who co-sigas this . ; . ;
<br /> �!` Security Instrument but does nat exec-�'w.e r_h,;Ynte: ta)is casignir,g�.c�Trrs�Sccurity lnstrument or•�y us�-•.ortgagc.grant and � '�,;'.
<br /> _:�+��:'`�� ' . ronvey that Bonower s interest in Ihe praxny under the terms of this Srcurity Instrw�s;�at:(b)ic noE penonally obligated to , �.
<br /> � °�. �' - pay the tiums secured by this 5�o�rity Intitrumenti and tc)agree�that l.ender and ar'.i c�>tier Sc+rrawer ma a ee to extend. ._
<br /> y � ! . :.:-;�_: .. ':: Y;��,
<br /> '. ' modify.forbear or make any.;:i:+:�mmodatianc with regard to the terms of this Sea:ri j:�ntitrument or the Note K it��x:t that ,. . � :,• ��� ; .
<br /> • " � Boaower:s cansent. ' { � .
<br /> • -„ l3. Not i c e s. Any notice to Borrawer provi dcJ for in thiti Secuni f ln�trument shall bc given by delivering it or by 'y� ' , .
<br /> - ' mai lins it by f irsi c lass mai l un iess a p p l i c a b l e l a w r e y u i r e ti u s e o f c l�c t`.'.e r m e t h o d. Th e n��t i c e s h a l l b e directed to the
<br /> . ` - .. . ' � PrapeRy Addre�.�or any othcr addrtss Hnrn�wer dctignates by notire ro l.ender. _�i:-y noticc to L.cndcc�hall be si�en hy ,, � .,,,,
<br /> fir-.t class mail ta l.ender�addre�� stated herein or�r.;: :,3 �+• n�nice[o Barrawrr. ���+`�oiice � �`-'�-••
<br /> dre�� l.cndcr detign:s'�;;�.;y � _ :;''';.
<br /> • , . �,a;>�ided for in thiti Sccurity Mstrumen��hull tH:deemed tn have been given tu F3�:rc:,�er e�r Lender when given a��.rotided � . •
<br /> � . . rn this paragraph. � ,
<br /> � 14. Ga�err.ing Law:SieverabilcEc. Tfii�Sccurity In�tniment .r.3�t tsc guvemed by Federsi �aw and the taw of the ; :
<br /> � ' ' , � jurisdiction ia v.Y�:h the FV�+perty is lcxio:r�i: In the event that any Fr,:a�,:��n e�r clau�e ef thia S.-�ur.�ry lmtrumem or the ; . •,;� '.
<br /> � � . ' Note eunllict+with_aFpl:caF'e law.�uch w�nflict rhall nut aifect�,th�v;.;�>:i:inr.�.cl'ct�iv Secu:�i; C^�uumen�or the!�e» , , • .
<br /> afiich can be given eff�t s�rid;�.ut the con�iclinr prc+vi��on. 'lo thi�rnd thc pro�i�:�r::cYthitifircurity 1ntilrum�•n[i-�Q the , ,:., •
<br /> � Nate are declared to Ix�c�craLlu. , '• �,`•�.��:. .
<br /> • ' 15. Horruwer's C�pq. �arrowcr�I�at!Ix givcn onc conf��mccd a�py ui thi.�s.�w�.ty Imtrumcnt.
<br /> � . 16. Assignment ut KtntS. Hurrourr unwnditinn:�lly atti�gns:trd.�.�.>frr�to 1.enefcr all thc r�r.tti wid rrticr.uc+c�t�e f ,
<br /> propetty. $urn�wrr authuriie�lxndcr�r Lcndcr:a�_ant�t«c�,llcrt�t:�n:�.;,und revcuuc.:mJ hct�b�dir�ct��sch¢a:ar.!oY .
<br /> ' thc PropeAy to p:�y thc rentti to i.cndcr�.r Lr•nder�ag¢rt�. Huwet•��r�prior t��I�ttuCr:nuticu te�8orr���vrr uf P.��nocveas i :
<br /> ' breach af any covrnunt ar,�gree�nent in thr 5ecurit? imtFVr�eo�.f3one��tier tiha}I col;�•.r and receive:dl rent�und re��_t.�es of ; • ,
<br /> . dtG FropeAy a�tru�tee f�rr th�s benefit��f l.cndrr and F3nr�,..er. '('hi�a..i�:nmcnt�•f'rcr t�cumtituteti an ahsolut�a��a�nntcnt i • ','�;. '
<br /> • ' nnd nat an assi�nmcnt far udditi�:nnl securit}nnl�. " `
<br /> , tf LenQer g�veti n�tice of hnarh nr FT�cnr�,ucr. i.�i�I{r<<it.,neri+.•�;t h;Harro�:rr hlialt Ac�hel�!hy H��rn�wer a�tru�tee � :
<br /> for henefis af Lcndrr�+nl�.tu Fx appltrd ta thc.mm.rrurrd hy� thc 5ccurity inrtrumcnt: Ihi Lrncter�hall bc rntiticd tu .,
<br /> - - tutt�c;l:iftd reccive all af the rcnf��,t th�{'mpet�y:and�e►e::th tc���+nt E�t tl�c F'tt�petty.�h:�U{�ae ali renir due attd uttpaid ti+ .
<br /> � � ' ' Lender or Lendcr:as:cn���n.l.rnder�wntten demand tu thr t�nam.
<br /> . Bnrrowct ha�nut cxccuted;m} priot a�ti�nnunt�,f thc mnt�;:md fia�Ru•1 nnd.��ili not prrtt�rnt.my act that a�,uW
<br /> --_ -= �rc.cni i.en3Ci Sitii�i�wai�i::ss�ix:sct;:::.;t:s:.!:i•.d'�a:xc�::sgr;��,� � � ' —--_- --
<br /> - l.cnder tihall not be rrywrcd tv cntcr upi�n.l.il�r contrul uf�,r tn,�inlaif��hr 1'rt�perty Lxfurc��r ait�t zivinr nnuce�+f �
<br /> breach tu Burtowcr. N�,�tievca Lend�'r ur u judui.�lty appomtcvi reccirrr�uay du.�ti ut any mnc Ihrrr i� a hrrarh. Itny
<br /> ' . . � appiiratiun nf«nt��h:ill no1 cure ur«ai�c any 8cf�ull or�rw�LJatc ut�y uthcr right��r tcmcdy uf Lc�tdec 'Chi�a���gnmcnt
<br /> . � __�f rent�c+f tfte E+rn�r�g�h.di termi�u,te�heit the deM Srcured(+}the Secucitv Inarun�era i.pacd m fu1L
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