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<br /> .-. -.l. � ' `-Zf� � . , � � _ �` (^4� . ' ` . � �- . ,
<br /> __« . : � � � . _ . , �. . � . � �91=�og.�1� -. .
<br /> , wym�,which�m tefeaaa co;n Pa�aN��w�"iaa �`t�6'�s S�aur�icy�insa�ume�ai s�h�il�ee�the�m6t�y � .
<br /> . amo�unt�quicied ta pay all wtu�ding� . '
<br /> ' ' kg�Uy entitied the:ew. • ° � <
<br /> . ' s.Ten. l.endettn�Y ooItert fas and chsrges autl�orir�d by the Serretary. . ` .
<br /> , � '9.Gra�ud�far Aoakrstio�af lkbf. � = .
<br /> (a�ikfad� Leadz�may.excipt as limited by regalations issued�jr thcSecretar�in the case af payment defaults.
<br /> cequae immediate p�yma�t in full of all sums secured by this Security Instrummt if .
<br /> - -- . .(i)Boaawer defw�ss by fa�ling to pay`in fWl a�►Y mauhlY�aYrtxnt c+equ'ued by this Savrity L�caumrn[prior _ ' - -- - -
<br /> � . to or an the due date of tbe trat monthlY FaYme+l�a
<br /> - ' u Borrower defaults by fa�ing.far a periad of tAuty days,.to petform any atfier obEi�atiais rontained in this _
<br /> :-- ---�� Sscarity�nsUUmeni, . ���_.__
<br />,,,_.:,�-` ' @)Sak Wit600t Credit Apptovak t.ender shaU,if permitted by applisabte law and with the p(ictr appmval of the _g W,__
<br /> _ - '. Sec�etary.iriluue immodiate PaYaxa�t in fuU-of all th�snms secored by this Securitg•lrt�tnsa�nt��€. =�---
<br /> `r
<br /> - - . (il All or pazt of,t#�PmpertY•ar a be�reficiat interest in a.wst awnitlg�a!l;ac,psut of the Roperty.is sold o� �-�=-- -
<br /> _ � ntLqwisc tiaasfcnr�d(dher tl�a�by dtvi3e ordescent)by tLe Bartowcr::and� . _
<br /> - (ii?��b Pirapetty is nat accupied by the p i i t i e h i s e r or graatee as his ar her piinci p a l tesidet�ce;or the.parrhaser �=,a.=
<br /> ;�{ ' • o� �aantoe dnes so accupy the Prope�ty Mrt his or Ixr cndi! has not been approred.�at. acsordance ��'
<br /> i.:., '�i�i the�equirements of tbe Secrttary. � •-"�'�°
<br /> <+--_ • (e)Na Waiver. if cireunistan�xs occar that woWd px�mit Lender to requite immediate payment in.fult:6ut Lende� ___ _
<br /> does na require sach paymaits.L.ender does not waive�ts rights with respecK to subsoquent eveats. �=";'T±,�-
<br />_ . ,,..,_ _ . ..
<br /> . � � � (d)Reaatatia�s d RUD Stcrehry. in marry cer�m�s ceg�iatia�s issued by the Secretaiy wi11•lirait Lcader's . � r.-`�..`� -_-
<br />, .P: • ' • rights,in tt�e case of payment defa�lts.to require immediate payment in•full and forec[ose if not pstid This `�
<br />.�4;,; „� ,. �ecurity insaumeirt,does not authori�acce2eratian or farectosure if nos permitted by regutaaaasof the Se�xetary. ,''-=
<br /> , F' � (e)Most�e Not i�osed. Socr�a��ag�ees dsat should deis Seivrity lnstrument and thc rtote sectaed Ehereby not �:'z:==':`":J-
<br /> � �� 9Q QAYS ' • --
<br />.., - �:, be eligible for ir�a�e under:tfne��i� Ha+asing Act within from the . :,,;�,.
<br /> � �' Z. . •F"i..
<br /> • date hercof.Lender map.at its c�tse�and nocaithstand"mg anything in Parsgrap6 9.requitp immediate pa_x�nt in `r�';,"!F`—
<br />• �,�°., fuR a�all simLC secuied by.this S�tp InsuumenG A wriuen statement of any a u t hociz e d agent o f t l i e S e e r e G V g ` . • `_-
<br /> . . �}°; .i��,� �. " dan�cS�bsequem ta ` � ��YS ' fmm the date hereof.declining w insure this Security . �',�� _ - ���`�='=
<br /> r, r�*. .•,� .;.
<br /> � -,�::.:._ 1nstr�mrnt and the aase secured theieby,shall be deemeA cor.etusive pcoof ot such ineligibility. Notwithstattdis�g . .
<br /> . �� ' ���� �- the foregoing,this�ian may not be eaercised by i.ender whea the unavailabitity of insuran�e is soletq d�rc to r°~ -:-. _
<br /> "•�.��::z;- • .
<br /> • ;� . :�.�_ . Lender�s'failure to r�a mortga,ge insurance prcmium to the Secretary. • , � � '�
<br /> ee
<br /> .r'. '`� ;�:" ' � 10 Rsiostateroen� Sotrawer hac a right to be reinstated if l.ender has required immediate payment in fuU becausc ?-�•�
<br /> � � � � of Bartawer's failure to pay an amount due under the•Note or this Security [nsuumeat. 'f'his right applies even after � •',,:�, .'
<br /> �� :.; � � . 'forectosure proceedings are instituted. To reinstate the Security Insuumenb Borrawer shall tender m a lump sum all .�.��;;y< ,
<br />' n `;;;;�;<<�,"',�,, •� 'aatounts requtred to bring Earrower's accaunt current inciuding.to the eatent they are obligations of Boaowe�under this � . . � ,�:%<:;i�-
<br /> '"' ' Seciuity tnswmen�foreclos�re costs and reasonabte ahd castomary attomeys fees anA eapenses propedy associated with �:::.;r_;;... __
<br /> � � . . tfp foreclosure p�ding. Upon reinstatement by Ba3cower,this Security lnstrument and the obLgations tba¢�secures -•:;;•<:�-�'- .� , �:�--
<br /> . '�,'f;.;;;� ... '
<br /> :.,:�� -. �;: " . � s�?all remain in effect•ac if L.ender had not cee�uired immediate payment in full. However.Lender is nat requimr�i c�*permit .��; , .��
<br /> •�.�.�:, f
<br /> :;":;;',,: .�, .1' • :�- -�instatem�.c i�: (i)l.ender fias aeeepteci reusstatement after the commencement of foreclosuce proceedings u"�in iwo. . , ��`,�.
<br /> . ':s� imsr�l recedin the wmm�n�..:.�et�t of a current forectosure proceeding, tii) reinstatement will preclude r :< <�';`%�`j•'-;
<br /> --- - ;� y_LL . . ,.. s�lostue C�sf�iffer�enc gc�'�d�in the ftitu:;,or f}iii se��slatement wiif advcrsclyaffcct ihe priati�y oEthe liCSS cfeated tsJ, ..:;.., • ` ._�_..Y.4�e
<br /> ��'T T� ' � �s Security lnstrumenl: '
<br /> � ' � � 11. Borrower Na�lR�eased; Forbearance bF Ti.eatter i�at a Waiver. Extensian of the time of pa}ment or � '" ,
<br /> :�• � ,,� ;'��.
<br /> • ��`•� t ' madification of amortization of the sums secured by this S:curity I:�s�,?ment granted by Lender to any successor�n interest E . �
<br /> ' ; _,.� ? � oF Borrower shall not uperate to rete�yc the liabilicy af the origirial�risrrower or Borrower's succescar�n interest. Lender -.�;: ,;,,
<br /> ;,, . "'� �;5 shall not 6e required to comrrtrnce prc►ceedings agamst any suc�rss3;.in interest or refutie ta exaenr�time fat aym ent or ��„
<br /> . ;. ' ����otherwise modify amortization of the sums secured by this Sec►riny Instruraent by reasan of arn� �emand made by the • F • �.��,r.;�;�_
<br /> , ;• ' �iginal Barrower or Borrower�succe�+ar�in interest. Any farbearance by Lendcr in exeroising any right ar.�a:edy shall - .;::.: . , .�
<br /> - -- - � �at be a waiver af or preclude the exercise of any right or r:medy. 'r•`••� , , „'-
<br /> . • � lZ. Successoes�nd Assigns Bound:JoMt and 5eseral l.ia6ility:CaSignerg. Tbe cavenants and a�,e�:.�ents of `, ��!�� ' '
<br /> -r.�,,, . Y this SeturitL!sn�trument sball hind and benefit the succes+o::c and assigm nf Ixnder and Barrawer,subject to ehr provisions � ;���.;�,;
<br /> ..�..:
<br /> ',;r;:��:;. _:�-' : ,' - • of Patagra��'�.b. Borrower:s cavenantt and agreemeru.�:+i�all be�oint and several. Any Borrowet who ca-sigas ihis i '��f�pi1,'
<br /> ,f°,:�;:;.' '`'rY , • ' Security tn<<^ument but dors not cxccute thc Nate: Ia)i.�ca�.►gnir�this Security lnstrumcnt only to mortgage.grant and• , ( � •
<br /> � � convey that Botrower's interest in thr Property under the r.�r:s of this Security Instrument:lb►is rtot penonally�n�gated to
<br /> � �e. ��,:,,.;� : pay the sumv secured by thi,5ecurity ln�trument:and�ca�.:�.eey ihat L.ender and z*�;�other Aarrawer may a�ee�•yextend. � .
<br />" . � ;aodify.forbear or make any accommcxlatian�with rer��to the termy oi thiti Secunty In��rument or ihe Nnre tv-,rhout that i ,
<br /> �` . � 8orrower's consent. � .� � .
<br /> • � ' 13. Notiees. Any nutice to Rartuwer provided r3r in this 5ecurity lnstrument�hall be given by detivering it or by ;
<br /> , mailing it by first clar�mail unleti��+pp�i�C:e fiaw�::,�ires use of anrnhe:mcthad. Thc noiice sh:ill be dlrected ta Ihe .
<br /> ' Property Address ar any othcr�ddres�Bo:ru�c_r�c.�isr.:z:e�hy notice ta Lendcr. Any n���icc tu l.cnder�hul!be give�by . ,
<br /> -� � � Pirst class mail ta l.endcr�addres�statcd h�Tein or zr-; addrr�. l.cndcr dr+ignatc� by nrticc ta tiarrowcr. Any�n�ticc .
<br /> , provided for in this 5ccurity Instrumcnt�hall hc der^:v::.::y havc�en givcn ta Hi�rruwer or I.cndcr whcn�iven as ptavidcd � .
<br /> � . in this paragraph. �
<br /> ' .. ' ' 14. Governin�Law:Severubility. Thi�5rcurity ln+irumcnt.nc�dl Ixr g��vemcJ by Fcdcral laa•and Ihc la���oi the ;
<br /> , jurisdiction d�,uhich thC Pu��erty iti l�xuted. In the evem•that an±�rru�•i.iun ur clau�e uf ibiti 5ecurity ln.trunicnt ar t:te ' � •
<br /> � Nota cantliet�.wlth upplieablr law,.uch enn�lict tih;dl rat af'c.:.�tar�r prn�•i�iun.uf tl�i�Security InatNntent ar the M1o.e
<br /> :� _?��,�� .. which can�eiven effec-t.�":haut thu runfticting pru�i��;�r�.:'3�.�a[u.�ncl thr pn�vi�ivar.uf thiv Securiry]nstmmcet ar.d the " ,
<br /> . r. ':':;;:';t.. . i�ate aro dCCfarcd tt�bc��K�rui+t�. •
<br /> ''', ti�,:' 13. B�os�oN'er'9Copv �3'atru�vcr,h.dlt+cgiven.�reuivnliittnrA�upyui�hi,S�:ur.iyln.tamcm. .
<br /> . . ..; I6. A.v.�nmenl nt•Renf!t. 8��irnw,,.ct�ncunditinna�lv acyign�a7d tr:m,t�ns to Lender u1111i�:rcnl�and rr��erurs��f d�e .
<br /> ,';��'°�� � Propeny. B�irravcr nu�haricr�Lcnda�.�s txttdcr'�.agenl�U�cnU��l Ute rruh and rrvrnuc�auii bescTa;i klirect�each trns�m of �
<br /> �. • • .,.°'.!`'.� th�Prnpeny ta pay the rentz t��lAnd:�a2r.�cnder'�ns:ent4. Itu�cacer.priur 1u Lrndcr�nuticr ro��now�e�ut$orcuwer� � ,
<br /> � . . ' btouch'ut'ua�•a�venant or agreemem i#�uti-r Ssti urit�< t�,'sument.H„rre��rer�h:dl c„Ilrc�:md recrive all rem�.anct eel emtcr��f • .
<br /> . . the Pruperly as trutitee for the bcnert of r s,r:i:c anti:�trr���cr. Thiti,,,,ign�nem uf rcnt�ran,titutr.an ah.i,lute;c:•is�nnwnt
<br /> � and not an as�ignment ti,r additi��r�a!sa;;�rar�,�ni;"�' �
<br /> (f Lt:n�tcrgivcx nntire��f brcach t•�1�?�J�vcr: iat-:�ll�tcro�raccivcd f+y'Hurru�crr Shull.h:hcld hy gurroa�cr:�.tru.t��c .
<br /> ° � - -•- '—- • fur heaeft uf l,rndcr�inl}�.ta hc apptir:rrthr sum.�rcr�rr��hy..thr Srcainty b�.tn�mcnt:1h►Lcndut rht�1P hr rntittrd tv % '•
<br /> - . _ cn11ec1 und i��:civc all of thr rent�uf t�te�Pto�dy;:mc!1r i each tcnam uf Ihe f'rurerlp�hnit pay �II rcnk dua:u�d un}•aid lu - - . . • .
<br /> . . . l,endrr or Lcudet s agrnt un Lendcr's�crittcn demand t��thc tcnant, ' .
<br /> —— . . _. .
<br /> • Iianowcr h;ss nnt erecutid any priur a�tii�;nmem i�f the reni�aod ha�not aitd �ti•il) nu1 pCrfdml;my;ir�thal uutdd ,
<br /> —� - _;: —. . . . . - _-- -.....—.__ -
<br /> (r(�l`t;fl��Allt��(fitiiil�RCi�i�ti)i:iSti ii�; S:.�ai{i l'i ilii'* ui'2irr<iF.i . — . -
<br /> . l.cndcr shaU nut fx r��yuired tu rntcr upon.takr amU��l u1�ut maintai��tl�i 1'ru�mrty fx:t�+rc or :dlcr g��•in�!u��ttcc�•j
<br /> . • btrach tu Hunuwer. Hn�sever.Lend�7 or a jndicially ap�uintrd reiri�er m:►y d�:.a:��eny tiuir Ut�re�.a hrr.ich. riny
<br /> , applicatiun uf rrnt��haQ nut cure or a:+iv�:ufy det:wH�,r im•alid:rtc any uthcr ri�fu or remrJy nt�Lrndet. `Ilii�a..�gnmriit
<br /> c•' �f rcnts of ttt�:Nropctry sha11 terminatr��hen thc drht�crurrJ hy N�c 5�curit}•Imtrmnrii��,p:�►J��t full. � .
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