|
� �.��
<br /> - _ ____� ��
<br /> 93r
<br /> nfirrod w in prrur�li 2.or chwe the�twum at wch prynwiti. .kny �xau p�oo�ed�c�va m �ounl nqulrtl b p�y dl
<br /> oyWaidia�indrbtidna�w�der th�Nw��nd tbls�aulty lartnuwat�ii io�paid a�aKity bpfiy�atW�i 1i�wo.
<br /> •.I�+�r.l.m�der�tiy oolbct fia Mtd chu�e�wtl�orl:ed by thr S�a+elaty.
<br /> !.C�ortls tor�on at Drbt.
<br /> - �- - (s) De�auit. Lender �auy,excxpt �s limited by re�ulatiau i�wed by the Sectetary in the c�ue of p�ynxnt dafwutu.
<br /> rcquirc imrtiediwte psyment in full of�11 wmi�ocurcd by this Security lnucunxnt if:
<br /> (1)Borrower defaults by failing to pay in full any monthly{xynr.nt roquirod by this 5ecurlty Instrument prior a or
<br /> on the due date of the ncxt monthly paymeot.or
<br /> (ii) Bonawer defAUlts by fiilin�, for a period nf thirty days. to petform any other obli�ations conWned in thi�
<br /> — Security Instrument.
<br /> (b) Sde Without Credit Approval. L.onder stwll, if pernuttod by�pplfcablo law and with the prtor�pprovd of the
<br />— Secreta�y,rcquirc immediatc payment i�full of all sumg secured by this 5ecurlry Instrument if:
<br />-- (i)All or part of the Property, or a bcneficial interest in a tnut owning�ll or pAtt of the Prope�ty. is sold or
<br /> - otherwise transferred (cxher than by devisc or desceny by the Borrower,a�xl
<br /> -° — (Ii) Thc Property is not cecupiod by the purchaser or grxntee as his or her principal residencd. or the
<br /> = � purchaser or grantee docs so accupy the Property but his or her crodit Mu�wl bnen�pproved In qocordance with the
<br /> '' requiroments of the Secntary.
<br /> �:,���•.
<br /> _ �,
<br /> -'F, `� ��� (c)No Waiver.If circumstances occur that would permit Lender to require inunediate payment in full.but l.e�xler does
<br /> -���'���'� not require such paymcnts,Lender does not waive i�s rights with respect to aubsequont evenu.
<br /> - ,n;.,
<br /> �,:.
<br /> (d) Regulatlon�ot HUD Secretary. ]n many circumstances regulntions issued by thc Serretflry wiU limit Lender's
<br /> .3::��„ �ights in the case of payment defaults ta require immediate payment in full and foreclose if ncx paid. Thia Securiry
<br /> �='° Invtrument does not authorize acceleration ar foroclasure if not permitted by regulations of the Secretary. '
<br /> __=:,,,: ,�'.
<br /> 1F:';.:
<br /> �;.:'� (e)MortgAge Not Insured�Borrower agrecs that shouid this Security Instrument and the Note secured thereby not be
<br /> -- � rligible �VI 1���4lqill'C UIIIICt ti►�iVati�nai ilousing Act wishin ba daya from the daic hcrcaf,Lcndcr may.ai its opiion
<br /> ;}x���•,f'��:, and nc�twithstanding anything in paragraph 9, require immediate paytnent in full of'�ll sums secured by this Socuriry
<br /> �;,��� Instrument. A written statement of any authorized agent of the Secretary dut�f suhsequent to 60 days from the date
<br /> .'• :'' r;.°`'�•ti,"� , hereof, declining to insure this Security inst�ument and the Note secured thereby, shnll be deemed conclusive praof of
<br /> ,„,....
<br /> i����;;:;�,�-`;�w;':� such ineligibility. Notwithunnding the faregoiog, this option nuy not be cxercised by Lendar when the unavailability
<br />�•�'� ;.f.,:.�,�;*;?14:••-��••� of inwrance is u�lely due to L.cnder'�failure to remit a mortgage insunume pramium to the Secretwy.
<br /> .; r:_-�;s;��.:;Ji.�•
<br /> '��,,;,,,,�;,;,�; 10. Reinst�tement. &�r�owcr ha�� right to t►c rcin,ttU�Yi if Lc:ixier hax reyuired immediatc payment in full because of
<br /> ' ;X,.Y��t. �;.,;;�;�..., &�rrowcr's fuilurc to p•ry an •rm�wnt dur utxicr thc N��tc or thic Sccuriry Instrument. This right applies cven aRer fonxlosurc
<br /> "� -��„-v;,;,-.--.�� prixe�xling.r;�re in.titut�til. To rrimtute ihc Security In.trunxnt. &�rrower,hall terxier in a lump sum ull unxwnts requireci to
<br />-=�+� "" "' ' � ' bring &�rrower'+ arcount rurnnt inrluding, t�� thc extent thcy are ��bligati��m of Bc�rrower under this Security Instrument,
<br /> '�� �+�;�y�.tr - • fi►reclosure rn�t. and rea�nnublc anJ ru�tomaq� uttomcys' fcc+ :�nd cxpensc. properly ati,oce�ted with the foreclosurc
<br /> � , procectiling. Up�m rcinslutcm�nt by&�rrawrr,thi+S�tiurit�� In.trunkrn a�xi the ohligatiuns thut it ticcurrs shatl renmin in cffect
<br />� ' . �;, � ar if I..etxicr}wd not rcyuirai imnkdiate paynknt in full. Huwever.Lcixicr iti nut required to permit minstatenxnt if: (i)Lender
<br /> � ""�"'"'" hat accepted reinstatenknt uticr the conmunrenknt of f'arerlo,ure pnxceding,w•ithin two ye;in imniediately preceding the
<br />=�' commencement af a rurrcnt firr�-clutiure pnkceJing, tii) rrin,tutemc:nt wilt preclude firreclo,ure on different grounds in the
<br /> � • futurc,or liiil reinstuten�ent will :idvenely affect the priurity uf the licn crc:�ttd b�•thiti Scruriry Instrument.
<br /> ' , 11.BorroN•er 111ot Relevsed:Forbeurunce By Lender ti►t a�ti'�icer.Extcn.iun of the time of p•ryment ur modification of
<br /> — �`; � � ��� amortization of thc sums,ccurcd h� this Sccurity In.trunknt grant�tii h�• Lc►kicr to•rny rurces��r in intcrest of Borrowcr shall
<br />- '�`'x:�` • not��perate tu rele:ixe thc tiability of the origioal&urowcr��r&�rn�wer', wccesu+r in intcrc�t. l.rrxirr shall �x�t bc rcyuircd to
<br /> � commencc pra��edings aguinst any�uCCessor in intcrest��r rcfu.e to rxtcnd tinx tiir paymern ar�rthrra•ise modify anxirtiration
<br /> : � �•.,,.r� �,'�.1'},• , of the sums secured by this Securiry Instrument b� rea.um uf an� demrix� nudr h�� the uriginal &�rrower or Borrower's
<br /> succeti�r�in interext. Any tiirbearanre by Lender in exrrcising an� tight or rem��i}� shall nat be a wuiver af or preclude the
<br /> . exercise df any right or renudy. •
<br /> :ed:':....:.::�u.. � .
<br /> _ ' �rtRINH) Vay�A o�6
<br /> .-rt' •
<br /> ��•�,w`�''.,��Y -
<br /> ). �,;.
<br /> - _ _-- — - �_..__.�•�•+t•__„_ .. - ----� -.-..-,_.,..a,.rs,.4,,..R,-.-.._.; . -.;�,--°-
<br /> i'= w'3 d_'_ . . . - '� �{•2�f.doii 'i.,a... 1._ �n .a.
<br /> i111r.�'i��1.;i„ •..+el�+Lddt_�_ :.t� w..�w.t.�?:Y.L1fi' -- _
<br /> , . .
<br /> r,�. - _ .a_: ._t ._.
<br /> �:
<br /> — -: ----- --
<br /> . ._. _ _._-. _. — --��—r._ - _.-
<br /> _ � .t�.' .. �.,,;P�. .�p�r�w.=1' a,,,.�,;�,�-
<br /> � —.v•j% �Y�• �t'Y,., . . . .•- �� rFY.,-+L.` • • • '•JL'4li�ti`.fi�'t'.�t_`-.�NelArlt,:�:�N�nct.r;1J!Vut'-
<br /> •Lx. . � .-' ...�r��_e: .f.�lZ,.�iv�•tr. , .. . ,
<br /> • 'L�Y...• - . . . -- .•.•�.,�: w.ey.� �ti r.1Y_: . :,:.i `. � .
<br /> �� •rt ,��.ru'. +. . ����i ±►•�,^. 'tt � � �'.•1-.i � �`�- �. Yi: .��' .
<br /> y,l, �4 . 1 _�'��!(y. :i•_.�_� �•. . .1_
<br /> .,..a.t ��.,'--"?"_-. _... . • • _.n,.:�,::h:,ttFSa!!�t�r-� -T -"� �;'1.,:`t.�• �'M!:-xPY`1.n`�AR::
<br /> � , .n
<br /> 't. .W' - - �����;;��`� . � -`�'- nm``t."?+�3�.'0.. �- -�la1�s l• r...-� •. ..
<br /> ,�fq�l�f51SJ�.r11i1�iPc�� �.w=�� t..�• . • f .
<br /> ��_;..��..:9��
<br /> �\��,•;n;,�.yti:� ...�L:+::��..'.+�d:�ii�.:�r�� �lp����ie.�t i __
<br /> s'...� Uh'e.Ll�alf��fY�1.�Y�Ai�.f4_��:_�— 1►2.E���ri{'t��.
<br /> �'1.� \. 7i..ti�.��, _ —_ —_- '.:' _-_ _
<br /> t�.J `i ��t���:f• !• ••�:sw!��i _' .. .
<br /> . : � �•. ; -. :s'._: , •� ,_5v��„4.c_�.`,�
<br /> ------_ ----- ��`5t?�si:;i+b�3e�_iu`�i:� �r ... ��`
<br /> y,� :r:- - '�';' • -
<br /> - - � ��r F►sY.���t�ai�._ �� . . . . . . .t�� � � . �
<br /> ��,,�J° 'w�'��,i_�o-,
<br /> ,....-e�... _..�....,e'eM,:r a:�l�+,/J�s47�ir�. t,.� .... � ..--'. - '' ' � �--- ._' . �:7� �.L.- • .
<br />
|