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<br /> ' p.�aaea,wr�aR ee[atad co ta`Fa�z.a�ctaeae me amo�t a[�h pa}rmems. anr e�ss pro�ova m, -
<br /> � , amou�t reqt�iced to py alt a�odi�' diness w�der the Note ud this Sa�iry Instnunax`s�all b�paid to the edt�y ,
<br /> - •- �Feea.t�mder msy ootioct fas ao�charges aiahariud by W��►Y• � . ,
<br /> !G�a�dsl�rAooderatio�dDe6t.
<br /> � (s)De'fa�M- i�eader msY•�aapt�s b��bY regata�ats issued 6y the Soc�Y ia the case of psyment defaulCs.
<br /> . �oqui�e ia�aaediatep aymqu ut fail of aD smns secweQ by this Seauity Iosubment ik' ,.
<br /> ' -(�)Bo�rower.def�uus bY fa�g wpay a fuli snY�iY paya�ast ra1�d by this Sa�itY In�t Prior -------
<br /> < w oEaa the dued�te of d�e next monthlY WY�•°�
<br /> � ('n)Ba�mwec defwits by failing.for a pai+od of thuty days,ta perfam any othct obGgatiaas cant�nd in t6is e----
<br /> ° . ���f,,,•�•,• � licable taw aad with the p�ior�oYal of the.- �-
<br />-;s=.. (b�Sale Wlltie�t Cre�it iAlproval. [.ender shall.if pelmitoed bY aPP _-
<br /> Sa't'etu7►t�u�e i��WY��n fuII of a!!th�s�mns sauird by this Socarity Insuument if: —
<br /> � � (�Alt•ar�ue of ti�Rope�tSr,a.a btneficxal inonest 6i a uost.owaiag aII os�art of the PmlxrtY•is sdd or
<br /> - otbervvisa uru�sfeaed(ather tdan by ddviscor desaent)by the Bamwer,and �
<br />. {ii�73e Ptt�etty i5 nat occvpied by tbe pucicbascr a grrntee u 6is or 6er p�isecipat nsidmce,or the pmrh�sa
<br /> , ot grantee-does sa oa.vrpy the PropextY 6uc 6[s or�her c�edit has not 6eea approved 'w accordance �-- _ --
<br /> witU the ra�uuemeats of tbe Soa+etary. -- _-
<br /> �„•< (e}No Witver. tf ct�na�tances occur that wouid patnic�.�i�der ta rrquire imma�apaytnent in fu11,6ut Lender �_
<br /> ��
<br /> _ does not tantuis�t bHUD Secreht9 ta manY��c�����bY�t�wiA lirnit l..e�d e r's ' - " --_
<br /> . (�� jn�.�td fo�eclose if aot patd. 71ris • ��_.
<br /> � rights, m t5e case of PaYa�aat detaults.to r�uin immediate paYme�t --,_='r�
<br /> '- Secvrity In�vin�eal dQes oot auN�ori7e acceterauoa oc fo[eclasute if�orpec��°`�e8ulations of the Seaetary. �-k..� _
<br /> r��
<br /> > .,` � (e)Mart�e Net I�sf�'Bormwer agc�es that should tt�is Seauity I��ci the note secwred d�ereby na� £, -
<br /> . � � ba eligible for insurance under the National Haosing Act witl�in : °� 17(�"ti,S froaa tf� �
<br /> .�: �`. . date t�eo�t.cnder may.at iu option and nntwittWarxlinS�Y�S ae�aragia�.#sg:raiuue immed�ate PaYm�t in . . . . -
<br />-� � .. � full of ail snms secured by this Security Instiumen� A writt�n s�of any�uthorized agent of the Sa�c+etac�'� .. '�'c'`� v. --
<br /> � dated subsoquent to 9Q OAYS fram the date bcreaf,declining to insure this Securic} . • -,;=�`.r;�F.�
<br /> .�' '. ..� ��.1. .' :��-
<br /> .- .- _ instiument and the nots suiued thereby.shalt be dec�ned copclusive p�vaf of such ineligibility. Notwithstandmg_ .. -- r—
<br /> .. �-.ri�:c.ti�; '. ' the foregoing,this option may not be exxercised by Ixnder when the unavailability of insurance is solely due to " . '.�"
<br /> . �r� •
<br /> � :.=z� •;` Lender�failune to remit a mortgage insurance pr�emium to the Secretary. , .' �:'�71l�:
<br /> L'R11
<br /> •�i•-=`` � 10. Rei�� ���hat a right to 6e�reinstated if l.eader Era�z°.qu"ued immediate paymeat in full6ecm�se
<br /> � • ., of Bomnwer's faitvae to pay an amount due under the•Note or this Sec�tx-�nsuument. 71�is nght aPplies even after - ��_`
<br /> Y: '
<br /> {`; 4.' faeciosure proc�gs ar� insat�cted. To reinstace the Security Instnu�:Bonower shal!tender in a Iump sum all :.�:., ";�::
<br />_ . , amonnts roquized to l�ing Bocrower�s accawu current inctuding,ta the eat�they azc obligaaons of Borrower under this . .. `
<br />_ .,, • sonabte and custom attoc� 5'fees and eapenses ty assaciated wit1� ..,j.:'�Lr�.'��'��-
<br />�f, � ' Securiry Insduma�e�fanctosure costs and rea �Y � .1 -��:,.;
<br /> . �`z:-1 L,� . theforeclasiue Y -. i:;f�r;,,,,:••' --
<br /> � � . p�uig. Upon reinstatemenl b Bormwer.this Secur'�..�xsvument and the o ligations that it secures �� s":, o:. �
<br /> � .% �rS....1�<.:ls.r,_
<br />�,- .._•�w" .: . . shap remain in e�':-t��f Lender ha�f not requimd immediate payment irt,�iiti.:i�towever.l.ender is not ieqair+ed to pem�it �.._yy(:`,:: ,_���
<br /> ' _� : � �`-: , � � ! reinstatement if:•C',�;�.ender has accepted re�nstatement after the comm:s��tr.cent of forectosure ings w�thu�two , .;,•:r;��.•::i;�,;
<br /> � • .... __�_. _�-� --. _.. .`-- e ommencement of a catrent fonctos�iti: � ' (ii) reinsta�tem�ent will lude ": ..•::yr�t t^:•,:f�U� .
<br /> '' yforeclosus�on diifferent�gmunds in the future.ar liii)reinstatement will ad*�erscirs=c y ffec�the priority of the lien crea�ted by , `` ``-.,,,��;tr-�FJf•;-:'`�q- �
<br /> . �� ' '�,�k �f����
<br /> ;.•s�-• ':,. - thisSecurity Insttument. •�`'j�;"`�:. ,, ;
<br /> a ,%-.:,.: ..,
<br /> � :=�. • � 11. Borrawer Not Reks�sed: Fo�bearance by l.eader Not a N�aiver. Eaten.sion of the time of payment or � .�.; ,:��:���,. :: ;
<br /> �r � � � modification of amortization of the sums secured by thi�Securiry Insuumer.e gr�nted by Lender to any successor m mterest ' � �� r� , �
<br /> ..��. of BoROwer shall not aperate to relea5e the liability of[he orig�nal Borrowe�or Borrawer:s successor�n interes� Lender ��'� • ":. '�
<br /> r •?-��.� ,�• ' e� shall not be requi�t to commence proceedings�gainst any successor in interest or refuse to extend ume for payment or �� . ' "� � � �'
<br /> '•� ':;(%=i--:. - ' � t .''-�-
<br /> ,<<�.>�i�e.��- otherwise modify�nortization of the cums secured by thi� 5ecurity Insuument by rea�.�n of any demand made by the 'r�•;�•�•' �
<br /> . . �i'fE;;':'''::_ • original Borrower or Borrawer's successor�in intere�t. Any fnrbearance by l.e n der in c�eercising any rig h t o r r e m e d y s h a l t �,�r.:'.. _
<br /> • not be a waiver of or eclude the exercise af an ri t or remed . •� ��
<br /> � .,, � ' lZ. Succeswrs and Assigns Baund:Jalnt and Several Liabillty;CaSigners The covenanxs and agreements of •'f�:' --
<br /> � . ;y., • this Security Insnument shall bind and benefit the cuccecsors and assigns of Lendcr and Barrawer,subject ta the provisions : .
<br /> of Aaragraph 9_l� II.oROwer c covenants and agreements shall he joint zizd scvcral. Any 8orrower who co-s��rss this • •
<br /> �,� .�.� ' Security Instru�c�s but daes not execute the Nate: (a)ic ca���rring this Security Instrumem oniy to morigage.grane and � � .'�;• � .
<br /> ;,,.�,.. co����y that Brnrcwer's interest in the Property under the tcm�.�ct this Sec�arity Instrumcnt:(B)is not personally obligac�co �r",
<br /> � �, pay[he sums sec�-ed by this Sccuaty Inctrumen�amd(c)agrxs'that Lender and any other Borrawer may agree to ext�r�
<br /> � . . fi: an accammadations with re ard to the terms r.f Lhis Securiiy In+trument or the Nate without ef:ae �I, ','''� .
<br /> � , .. . , mod�fy.fotbez:�er akc y S ,
<br /> . .; .;,�� :� , Bonower's co�s� . �.
<br /> . �:;;,` '�,:w:��:' 13. Nofpere�: :�:�y natice to Horrower pr�vided for in thic 5ecurin� Irktrumcnt�hall be given hy dclivering it or by i. • �
<br /> .•�', ':-�. ' ma:trng it by f��Eass mail untess apptic�ble law requires ure of ano:i:�r melh�xl. The m►ticr tihall 6e directed to the � , .
<br /> " r ' �<''' � PE..�y Addrets ce any other�reys Horrawer designate�by natice to Lender. Any noticr ta l.cnder shall be given hy E.
<br /> r�.�' :).;.;r`•,., ..- .
<br /> ,, • .k����"1':�. frr�!°�]ass mail i�fi:ender's addresy titated hcrcin ar any addre�� Lcnder de�ignatc�by noticc ta Borrower. Any notice (
<br /> " Qrovided fnr in r:t'ss��esurity/ncnvment shali bc decmcd tu havc t+ccn gi�e::r�Bortou�cr ur l.endrr when givcn as providcd �
<br /> . �n this paraga��.
<br /> ' 14. Vov�iLaw:Sever�bility. Thi�5ecuri�y In+�rumrn�ch;:�i I�t��nccm�d hy Fcacral law�nd the law of ihe [
<br /> .r' • jurisdit�ion in+��:�rah the f'roperty iti Incated. tn�hr evenl,t�:.�.any pr�e�a't.;n�or clau.e af this Security lmtrumene ot the �
<br /> .' Nake canflicts with applieahle law,tiunc�unflict�hall nut��i�„t uther pravirionti of thi�Security Inrtrumrm ar the tiv�e s
<br /> whu:fi�an be given ei'fec�wilhc�ut the r�mflicting pr��vitiion.. .,�thi�end�he pravi.ion>of thiti Security In�trument ar�i:rt;z � ,
<br /> , � .. 1���4r��tectate�.i to he!�ever�ble. `• .
<br /> :':� . 1$. Bo��+raw�;r.'.s Cop,v. Hurca��•er shall be g"tvrn�,i�r ce�nfi+rmed c��py of tbi�Security in+trwnen� ! :
<br /> ,�,., . 'r
<br /> •:,..� . 16. Assit�rseu�rtut ltent�. Oottou•et un.unditiunully.i�.i�n.and tran�frr�ta Lcndrr atl thv rerE�.�zr-d revcnue�af the �. � .
<br /> •:,•. .•, Woperty. Borro:a��c authntir.e.U:ndrr oc�ertdef+�agentv tn r�,0��rt thv ron��and revenur�an�l h�r�by dsr�et�caeh tenant c�f ' ,, ��
<br /> '''�' �' the Ato R ro a the rentt to Lcndct or tAnder:a cnt�. ►fi,�•.�'rver, tiar ta Lcnder�nolice tn Hntunver��f Bnrrowc�rw �
<br /> . ;�;;:•>•��,'. .• Pe Y P"Y �' r
<br /> •,;��...;,. ' �+��i:4 of uny covenant nr�gr¢emen�in the 5ecurity In�trurrt�r,E,K�irroN�er�hi�il c��Nect aad rrceive atl tent+and revrnu«uf ..
<br /> • ' :' . th�9toperty as�rwtcc fur�hc bcncfit nf L.endct and Hc�rrua�r thi���:��nmem ut'rcnt+cun�titutr�an ab�olutc a��ignmrnt �
<br /> and i30t s►ff ass�gnmcnt foc additian�l titrurily c�nly. ' �
<br /> ^-- - - -- .. . - '!f Lendev�evey natice of breach•tu Borrn�cer. lal all tcnt�received hy Hurro�ticr,hali im hefd hy 8��rrmvrr a,tru.tcr �
<br /> '� t'at henefit of Lender�n1y.<<�n��r�+i��a��•the�umti�ecureE!My thc Srcut��y ln.uument;�hr Lender�hall i�e entitlyd a+
<br /> � • coilCet uad tecrive aIl nf the rent�nf ihr Yroperty:unJ tct ratir�en.im��f'the 1'rr,perty �h.iU par:II�h'ltfti due;+i�d unpaicl tu �
<br /> , .' [,Crtdet�r Lrn�lcr's agrnt un Lendrr�«ntten dcmand lo tha�t��nsmt:
<br /> '�--
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