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<br /> � ' `.��'r�Ml�'�1�01�m#��.0���t���!�!��. �������M . '
<br /> �' � a��t��s�a�r i a��iM�4irns lwi�ie liwt ad yMi��a�itf irnlrr�rt. !�Y _�!'
<br /> `�. �.lM�.l�eadet�ry co�e�i�ad tii�es,arlioii�ed 1qI ie Seciahry . : . . <
<br /> . .� +J�GiCCi�ileNrAeadRaWslt�t . ` ' ��� � w1Uec#�eoEpa�niertdefalb,' �
<br /> ' . �(��D� l.e�de+r�a�►.e�oe�pt i�!i■i�ed h►�pl�o�t. . ���, .
<br /> '. e�eq�i�e L.edw� :iNr ara��sarea 6�►ies sewnt�' � _ � t..,,.�e,rt�aiot
<br /> _� ' . Cl ealio�a�b�►f�i��c► iR ful!s¢wa�1lt pay�e!K��67 ,' ��3'
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<br /> , - -,bara�diadae�Me-ott6eaW paYrle+�t.a� ;_.. .. .. ... -.
<br /> . . .�• fa)�M►f�i1i�id[:paiod af tbi�ty days+w Pata�sa�nY a��a ob�p��M�°i�'ia lLit . .
<br /> ,' - (�j S�le�. liwt Ceeit�1�aL l�mtler d�,if Paudued byr aippiicabk larr�d�rilh�he p�ior aQpvv�l of We
<br /> ,. ��x.�p�e��e paynee�c isfi�H af aH d�c��eerced bgr dis SapKity I�seot if: .
<br /> � (ij M a ptt af 1hc ,a s 6�ficial iuk�e+t iu s ttu�'t ownin�all ac p�et�f tdt Ptopaty:is��at
<br /> W te�
<br /> o�nrise�a�d(d6a . 6ydevne ardesoait)l►Y�6e Bato�rer,�ed L
<br /> . ('n�'tbc PYopaty a mt oacup�ed 6�►�P�ida a fran�ee a�W a�6a piadprl�ea�deaoe.a�the p�a
<br /> , p� �are� does �o uoc�p�r dic Ptopaty bat his or Uar ct�t hs mt 6eert spp�vr�ed ia scoad�ooe
<br /> �tl►tlrc�eqm�maocs o�tbe Ser�eta�y.
<br /> �(e?1W Wii�er. If ce�anntr accar 16�t xould pamit Iinder ta rcquice�me�te ptymeat ia toU,6ut L.endet .
<br /> does�wtzeq�ine_suc�paYmaats,I�eaderdo�t not wraive its ri�s�vei�ies�OCtlo�baequeotereals:,
<br /> (�lte�i�ti�r�f BITD Seccehr� iu many cu�ooes t�eaW�daas 8wed by t6e Sec�etuy�'vJ!1'mrit i.endesl�
<br /> ii�ts,�n tbe ca�e aE pRpmp�t def�olts.�o n+c�arte inm�editte PaYmaet in foll �faeclaa d not 'flw
<br /> �, � s�yr�ao��c��aro�ec��na�abr��'u��.
<br /> (e)Mar�Not Lrwe�ed. Boariwer agcees d�it should tfiis Secoriry Inshmmeot aod tbe m�e seaned d�6y not
<br /> . • �b�dip'biefer ias�re uoda d�e Natima!Hausias A�ct widun 8�tbs � ,f�the
<br /> -- --���1�eader may,iu its optioa ao�t mnvi�di�tg an}rthiog-in�raph 9,srspi�e vnmedisee P��eo�in= -
<br /> • falt oF,a��is seeu�ed Iry this�tY.Ins�ment A voriaen smteme�of�y wt6oriae�a�eet of the Satetaey
<br /> ' :;•:.,�;r����p 8 �A , f[dDt tbC�►C�lC!!Of dOC�10117$tOIIISIQ!t�llS$CCIn'lt�
<br /> `"; �;.�'fasatui�nt wd tha nae sec�ued tt�eby.slnll 6a damed caactusive proof of such meli�., Nawithstmdins
<br /> .� the foie;g�g,this aptioa may not 6e'txe�iscd by Lrnder when the�bf�e is solely due to
<br /> l,eader� uce to iemic a moitgage�sa¢ance p�emium to the Secretary. .
<br /> 1� �emaL'liortowa llas��ro be zeinstatod if l.ender h3s tequited immediate�ta►Sisiept in 5il16a�use
<br /> • of Bamwer�s faiture to pay aa aaiamt.dae u�der t�e��.�tt or t6i4 Security tnstramenx. 1f�is nght ap�lie.s even after . .
<br /> foreclosure pmcecdings are instituted. To.�te�ie 5�arity Insaunnent,Borrower shaU teMer in a lump s� �li,
<br />° . amounts ioquired t�bring Bomnwer's accacr��.��g.to the extent they ue obligaqons of�mwer ande�16is .
<br /> - Saauiry Iasuument,faertosute costs and rea�arsa'Sk a�d,��Y attomeys'fees and expenses Pr'�?':y associ�d with
<br />_ ` — � , the faeclosuce proaeding Upon��iy�$ornfwer:this Seciuity Instrument and the oW�ans�t�socuies
<br /> . ` s�temain in effect as if I.endec had aot ce�-ed tal�r�paYment in full. However.T�ender is mra��.�td Qen�it
<br /> �tement if: G)l.ender has accepted�a�e�+��..�?��fe commencement of facecloseae p�oeed�g�Ra�aa two '.: ':.
<br /> �— — �ye�s immediaulY procedin8 the commencement of a,c:a*_��t foreclqsuse procadF�..t��rcins��ent w�pactade
<br /> � famoclosure on difterent grounds in the fi�t�e.or•(rii)rem�^�meat wiH ad�cscly af€est��ia��c�e�en ccr�ad by
<br /> this Secur�"ty Ins�umen� ' ' ' .
<br /> �� � �- 11. Borrower Not Rekstsed; Farbearance by Lender Not a R�iver. Extension of tihe orse of payma�t a
<br /> �.�x?�`4.� ° nwdification of amortization of the sums secc�ed by this Security Instrument granted by Lender to ar.g s u c c e s s o r i n i n t e r e s t
<br /> ',f'��'��''�'� � of Borrower shall not operate to retease the tiability of the origmal Borrower or Borrower's successor ia interest. Lender
<br /> � ' ' �.'_.' " '' shaU not be ca?uired to commence proceedings aga�ast any successor in interest or refuse to extend time for paymenc or ,
<br /> �` ..
<br /> -• �.�`!"�„-`� atherwise mod�fy amortization af the sums secured by this Security Insuument by reason of any demand made by the
<br /> .\'l4'�' �� .
<br /> .°�,rr�}• • •,:• original Borcower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or temody shall
<br /> ' `���;��.�:'�' not be a walver of or preclude the exercise of zny right ar remedy. �
<br /> :,.k.�•� ;,:�.= _
<br /> . �,. �-�•:•� -•- 1Z. Suecessors.And assigos Bound:�imt�nd Several Liability:Co-5igners. The covenanu and agraments of •
<br /> ���"�. �•�• ���� this Security Inswment shall bir�d and benef:c w e successozs and assigns of Lertder and Borrower.subject to tlie pravisions -
<br /> {s`..- �� . � of Ptuagraph 9.b. Boaower's covenants and agreerttents 4'haA be joint and several. Any Borsower who casrgns this _
<br /> �:;.;;.:' �'' Seeurity Inswment but does not eaecute the tiocec ta�.;s x-signing this Security Inswment only to mortgage.grant and -
<br /> • � convey that Borrower's interest in the Property cadei L'�e:��of this 5ecurity Instrument;(b)is not personally obligated to =
<br /> :;,,�.� �,. pay the sums secured by this Security lnsuii:r��::r:a�d lc)agrees that"r;.`�,,�:r and any other BoRawer may agree w extend, _
<br /> madify.forbear or make any accammodaiio;�_.ti:c:::�regard to the terms vf�is Security Instnrment ar the Note vsnthout that =
<br /> 4 f,2:;;:�,;.;,; .. Borrower'sconsent. , _
<br />. - , �,�,�r'�?, ..�: 13, Notk+es. Any notice co Hortower rr•avided for in this 5ecurity lnstrument sha�11 be given by delivering i�or by �
<br /> � '•?.`�'°'f' ' �mailing it by first class mail untess applica�':a�faw requires u�r of anotAer method. The notice shall be directed to the � _
<br /> ,.,,,,,3;,,..
<br /> � �a '� • � Property Address or any other address Bomr:��r designates hy notice to l.ender. Any notice to Lender sha11 be given by =
<br /> ' ' first class mail to Lcnderh address stated:��:+::7 or any address Lender detiign:�tes by notice to B�orrawer. Any noti`e
<br /> - ;::' . , _ - . .- provided for in this Security Instrument sh�u��eemed tn ha�•e been given to Borrower or Lender w��a-r�iven as provided -
<br /> in this paragraph. :
<br /> . • �. , 14. Governieg LAw;Severabflitv. 'i'[ti�Security [n~trument;hall bc govemcd by 6ederal taw and the luw of the �
<br /> � , . s3�is�iction in which the Propert� is locate�, ln the event�ha�any provision or clause of this Security tnstrument or the !
<br /> � � Note conflicts with ap licable lau,such co-f?ict shall not affect other pr�vicion+of eki,Security Insirument or the Note �
<br /> • . • ' which can be given e�ect withaut the confiict:ag provision. To thi�cnd the provisior.,of this 5ecurity Instrument and the � ,
<br />_ ' �lote are declamd to be severable. . ,
<br /> - : : ',;" 15. Borrower's Copy. Bonower shatl�e given une conf�rmed cops of thiti 5ecar.ty Inswment. -
<br /> �:;;;�4n s,;.�.;,f�� -� 16. Assi�eeatnt d Reats. 8orrower unconditionally at�igny and trartsfern to Lcrder al{the rents and�+eveeues of the •
<br /> ".;,;i:�,��:��:�. . ' �geny. Botrower authorizes Lender or Lender s agents to collect the rents and revenues and hereby directs each tenartt of
<br /> the Property to pay the rents ro Lender or Lender's aFents. Hawever.prior to Lender's notice to Brnrower of Bomower's
<br />' ° • • breacb of any covenant or agreement in the Security imtrumem.8nnower shall collect and receive all rents and revenues oP
<br /> � , • the Property as trustee for the benefit of Lendet and Borrower. This atitiignmcnt of rcnts constitutes an absolute assignment
<br />: '�'�i�;� :�,s�.;;. � and nw an assignment for additiana!scrurity only.
<br /> _ �-=;�.: c r.. Tf Lender gives nodce of breach to Borrower. la)all tents recei�•ed by Borrower sh:ill be hetd by Botrower as wstee
<br /> -�µ��� • for benetit of Lendtr only.to 6e applied to the sums secuted by the 5ecurity Intitrument:lb)Lender shaIl be entiticd to
<br /> ,�` � colIect and receive all uf the rents of the Property;and(c)each ten:int�f the Prc�peAy�h:�ll pay all rents due sttd unpaid to •
<br /> �� , _ . l.ender nr Lender's agent on Lender's written dcmand to the tenant.
<br /> 3 � � Borrower has not eaecuted any prior assibmment of the rcnts and has not and wi11 not perfirm��ny act that would
<br /> � '�;�•`.':=. = . . pnvrnt Lender from eaercisinp iu rights under this Paragraph 16.
<br /> • Lender shall not be requued ta enter upon.take control of or maintain the Property before or af'ter giving notice of
<br /> ,. bteach to Bonower. How•ever.l.ender or a�udir�ally appointrd receiver may do so at any time there is�bnach. Any
<br /> �°.��.«.' �;; ::' application of rents shaU nd cure or waive any defauit or invalidate any other right or remedy of Lender. 'ihis assignment ,
<br /> �,��,�', of rcnts ot the Ptoperty shall tem�ir�ate when the debt secured by the Security lnstrumen�iti Qaid in full.
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