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<br /> — '---�- ----� ..`... . , . , . ..`�_ ... `i ^ � ` . .i — _ °;`- -- --`�_`— +` . _ `. _ ... .°. .
<br /> .<:. ,. "-� .. .. .. . i ._ . _ .<. . : , . . . .... _ . _ ' . .. , .��' . • .. ,. � .
<br /> , , . < ���,�k a�e�e�ed 1p i�� �.c(eMM�t ie ari0�rit 0/fMCi ptYs�e�ta !1�►e�oers���Nt a. .
<br /> , ,; ����� ���adl�ie NOIC a�d ilt 5�eiry�i�be�ii M�i0�Yr : • .
<br /> ' �,.
<br /> ' ��Irr.�LaKlerosay ooiiect�ea�d dwAe�aNhoei�ed bi►the Seenpi�r , , '' ,
<br /> � • !.G�t�l�'A�ea1RdM�ifD�it. ind�ec�seuf de��0. � .
<br /> �(a)'�irlt. i�4ry.���d b9 � i�sred�.�ie Sece�eary' pR� .
<br /> . , , ; � �������iec��edlhr drs SeNri�':Iee�ru�c i� � �
<br /> 1a�a�r;s iw11 a�r mo�r O�Y+�t�eq�1�►t6is Seca�ih'Ia'b!ro'e°t pria�� , `
<br /> , taaroai�edoe�MSafiLeaatts�oal�g�,� - -
<br /> . ` ('n�ga�,�es ddaws 6�r fa�lin�.for a paiod of WittY dtys.b�iec!'am any odier a6v�tiaos�awioed in�ta . ,
<br /> , � - 1��med. � � _ . .
<br /> _ =_�---_._ �ie.�___tl�wr.t c�+i�t�wd._r anaa�,�'aea br... _'cable ti.v ana«ri�u�c P��PP�at ot�6e .
<br /> �._.T-- _._-__.
<br /> - . , . ` Cd � ��'���ar�ba�eti�cW m�e�eu m s er�st o.r�nE aII a pa d d�e F�opesty,is ao�d ar -
<br /> • , od�aMite tne�fened(oma bY devi�e as de�omt)61►tbe Botra�re�:aod
<br /> ' Cri?'lUe Pt+operty is aa oocuQied 6p die pm�clwes a�two�ee as�is ar berp;ncip�i ra�deao�a t6e putd�a
<br /> � or �t�Mee dxs �o c�aeupy die P1o�paty b� Uis oc ba «odit � iwt 6ea► appwa!`iu a000nd�nx
<br /> . wrinh tbe tequh�af th�Sa:tet�r. ' •
<br /> . . � (o)1W i�i�er. tf ci�moa oxar t6�t�rouW pamit l.eader w�equQe�ptyma�t iA fu�11.bot lrender.
<br /> � dxs naE a�p�yme�s.Len�adoes na wuve its n�hts wrtb res�oCt to subseq�nt e�en�s.+ ,
<br /> � (�}��e�HUD SeQ+efat� In mfay cit�es re�ubtioas�ssucd bY the Sa�txY w�llnqit l.endera
<br /> riS1Ms,in tde ca�e of payme�K dtfaults.to requue i�edia�e Pvy m. �eat in fuU�oud�o�ecbn if mt 'Ibis ,
<br /> Socucity Iasbw�does not aulborite a�etferaBan or fa�oclasute ifmt permitted by naul�tioos of d�e . . .
<br /> ` � (e)11l�rf�Net I�weie�. Banower apees.d�at sAaatd this Seasi�y°6�uwneat aad tha nooe seeared d�eby ewt� •
<br /> < 6e elip"ble fa insur�oc�e uakr the N�tion�l lioasia8 Act witmv : _ 8 ao�tlis � f:vm tbe
<br /> d�te M�tof.Lender maY.at its option ad natwit�dm8 snythi�g in ParagrapL 9,sequiie immediste MYment m
<br /> fuII of aU awns socuted by t6is Securiry Ias�unrnt A writta�st�ement of aay wtho�ized agent of tbe Secrat�cy
<br /> � ��� a �oAths . finm tbe date he�eof.decNning to insune this SeGUiry .
<br /> ' Insteument atd the note sectued tl�eby.shall be deetmd conch�sitti proof of such meligibility. Notwiths�nding .
<br /> � � the fo�egoing,this a¢ion may nat be exercised by 1.eoder wheQ tlse nnavailab�7fty of insurance is sokiy due to , .
<br /> � l.ender'�failu�to temie a mortgage+nsurair.e premimn to tbe Secrctssy.
<br /> � 11�. R�stemeaw Barawu has a right w 6e reinstatod if Lender h�s nq�ired immediate paymecn in tall 6oc�se
<br /> � of Bo�rowec's failwe to pay an amount due w�der tbe•Nota or this Socwisy inswmen� 'Qds right applies evm afier : •
<br /> faeclosiue p�oceodin8s are mstituted. 1b re�astata the Sxuriry Insut�seat,Borrower shatl tender in a Imnp siun ali ..
<br /> amwnts rtquind tQbring Bormwer�accoant cumeat including.ta t?�ex��t they ue o6ligations of Barrower m►dcr this` : �.'�,�.,;
<br /> Security lnstruma�t,faeclosuce costs aad ieasonable and casDamary ati�omeys'foes aad eapenses prq�edy associate.d with "_•.s...:. ,
<br /> - We foncloson ptocoedin& i3pon ieinst�te�rKnt by Bamwer,this �rInsau�ca�aad tAe obligatians th�it s�s ,:% ':. :
<br />- sln�mnain�effect as_if l.ettder had not rec�uiied immedYaoe payme�►t�'m fnlf. How-��,1.ender is not nequiRd oa pemiit � _
<br /> � �xteraeot i� (i)l.eeder has accePted reuu[�e�nr�"ter the o�etne�o�forrctasa��'mgs within two ? .;.
<br /> • " Y� �tY P�mB the comnxncement of a cumnt focecb.isu:re pmcoeding, (ii)rei�r�.,..°Rne�t anll pneclade ,.
<br />- foeeelosuce on chftetent gcomids in the future.or(iii)reinstatemeni w�TL�,3Yersely affat the pnorc�d the lirn eneated by
<br />'"� ti�is Security Tnstrutnert�. ' _- _
<br /> f•� 11. Barov►v Not Rdeased; Forbearaoce bg Lender Not z W�iver. F.xtension of the time of pa�irent or �t�=-
<br /> W
<br /> a�vdificadoo of amora7ation of the sums secured by th�s Security Insu�ena gsanted by Lender to any successor m mtenst _fi���A�
<br /> of Borrower st�a11 not operate to celease the liability o€the ori�inal Borra+��er or Borrower s�accessor in intercst. Lender ,�:'�,�n;�;:,
<br /> � �..,•-.;. ,
<br /> .'��` shaU not be reqvired to commence proceedings aga�nst any successor�i,:.!yrest or refuse to eatend time for pay t or � �
<br /> _ otherwise modify amortization of the sams secuied by this Security I,�ycn:rnent by reason of any demand made by the �,`' �'
<br /> � ,r�.�r;_,.
<br /> - original Bonower or Borrower's successors in interest. Any forbearance b�,�Lender in exenising any right or temedy shall "`''':,::
<br /> twt be a waiver of or preclude the eaercise of any ri g ht or rem e dy. � r'��'�
<br /> _ Ti�_
<br /> �. _ 1Z. Saocessors and�s Bound;Jdn!and Sever�tl4iaWlity;Co-Seg�ss: The covenants and r�reements of , -_ _-
<br /> ��`�' �, this Security Instnunent shaf!bind and benefit the successors and assigns o�Ler��:rr��+3 Boaower.subject to the pmv�s�ons • -
<br />:.�; =�::"� �:� _
<br /> • .�„ �•= af Paragaph 9.6. �orrower's covenants and agreemenu sha11 L+e joint ar.d sevecal. Any Borrower who co�s�gns this :;_
<br /> ' "� '�- • • ' Security Inssrosnent but does not eaecute the Note: (a)is co-signing tAis Security lnsuument only to mortgage,grant and • . °
<br />�,.�:' , �.,. ... . , , ._
<br /> 4 4�'•� '��=�'= convey thae Bcurower's interest in she PropeRy undec the terms of this Secu:i:y Insuumen�(b)is not personally obligated to _
<br /> °' � `�'' tl�e su:as secured b this Securi ln�trum nt,asd(c). ees that Lender and an other Borrower may agrce tcD e.xcerJd. �
<br /> �{.::•-, �,=�_ Y ty S : � Y , .
<br /> �� °�. i�� s-,adzfy.forbeae or make any accammodadnns W�th reg�rc the terms af tT;'ss Secu:i�y Inswment or the Note a�i,cr;ar ci�.:c _ _,-
<br /> ,F;- ' ISxrt>wet's coissent ' -
<br /> ':, ':.�: ,: r: :
<br /> �'�_��.�``:. � l3. :�mQit+e9. Any notice to Horrow-er;grovided for in this Securie}�.tnstrument shall be given by delivering it or by
<br /> 'y�':� • mailin it b �cst class mail unless a "'..:,L�ie law r uires use of a�J`�x method. The notice shari be directed to the • - _
<br /> �`•• � � � g 5 p���� � l,er:der. Any notice to Lender shall be given by � � ' �
<br /> . f.�- :: � !� Ptoperty AddTess ar any w�er address�ea��xer designates by notE�ns �
<br /> .} �:;,',;�.:;,; .: ' fi�st class ma%}to Lerrd:7;a39ress stareQ herein or any address Ler��c�rsi�;�ste,by notice to Barrower. Any notice
<br /> ,�.:;.�r, • . provided for in this Seci;zizy�.^±s.rument shull be decmed to have been giveo to Bcc�cu•er or Lender when given as provided 'S',:`• �
<br /> ...:r,:i;�•h;:~ mthispara8*aPh• • ; .:;:,,�. ,
<br /> _ � • 14. Gos•eming Law;Severabil3t}: This Sccurity In�trument sAal�bc govemed by Federal law and the law of the •
<br /> ���'` • '� •' jurisdiction in�'hicb the Aropeny is located. In the event that any Fravi:►ian or ctause of this Security lnstn�ment or the � �-�
<br /> ,,.,.--� •;.
<br /> ��y. •Y:��: � Note cont�"rc�s Ritb applicable law,such conflict shall not affect otlt�r�+ravisions of this Security Instrument or the Note ,
<br /> '•-�r � �•- w6ich can be given effect without the conflictin�provision. To this ecs�t�e provisions of this 5ecurity Instrument and the
<br /> ,�� ��. : � l�ofe sue declared to be severable.
<br /> � ! •��'>•:^'�•-'' . 1S, Bmrrawer's Cop3; $vrrower shall be given one confomted copy of ihis Security InstrumenL ' . ' •
<br /> - '""``'"'�'`�' 16 AssigAment ot Rents Borraµ•��r uncond�ttonally assigns anS G-ansfers to Lender all the rents and reve:.ur:�mf��e
<br />-�:;� ,��� �:__ �,�rty, ��rmra�er authuri��i,e.-+.�ec or�,enderk ngents to collect tiie r:�ts:u�d revenues and her�tu�directs eacti't:-�ra cf � „ •
<br /> �'� �= €?r.Prr+p�rc�2��aay the re�t�Lerider ar Lender's agents. Howevcr,yxior to 1.endePs notice t4 B�rrower of Scc*,a�•ev's .
<br /> �j� �arc�af ac�o�ve�ear.=o�x�reement in the Security lnctrument.Bonawc�r st:all cai[�2.�d receive a3J rents and rM�e:^�es cf
<br /> _ -�,_.��,�;..,.' ut�Property as t�vstx�cr.�.�;�benefit of Lender and Bonower. This assip:ment af r�,rs consdtutes an absolute asv��nment [ . .
<br /> , �• {:,�.v��-'� and ncx an assignment�a-a3fittonal securiry only.
<br /> nd
<br /> -- K If Lender gives natice af imach to Borrower: (a)all rents receive�6p Borrower shall be held by Borrower as vustee
<br /> ^�� � ��• .for benefit a6 I.cnder only.to 6e apptied to the sums secured by the Security lnstrumcnt;(b)L.ender shall be entit2ed to
<br /> 4` '- � • col�ect and receive all of the rents of the Prope�ty;and(c)each tenant oF tFe Property shall pay all rents due and unpaid to I •
<br /> � � •• ' Lendcr or Lender�agent on l.ender's written demand to thc teitant. �
<br /> �='�``"-'�"�. Horrower has not executed an�r prior assignment of the rentsti and�has not and wil!not perform any act that would j '� .
<br /> .,_ ,.,..,.,. . ,.
<br /> ��'` '^'•' " pmvent l.ender from exercjsin�its nghts under this Parag�aph 16. �
<br /> ...��'�°° Lender sha11 not 6e c+eqwreA to enter upon.take conuol of or mainpin the Roperty before or after giving notice of �
<br /> :M.�, .
<br />, -- -- - e�_��.:��{-x;: Mearb to Iiorrowtr. However.i.ender or a�udu�ally ap�rointed receiver may do so at any Ume t here is a brcac h. My� � . .
<br /> y '-_ � . application of ants st�all nat cuce or waive any default or�nvalidate any�`whes rigM or remed�of lxnder. This assi�nment ,
<br /> • of tents of the PropMy shall terminate when the deb secured by the Securicy Tnstrument is paid�n fWl. . �
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