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<br /> , �,w�.��c�ai m m���.a a��.�c�r�,�.r�. �r�'a�•� .
<br /> +moant requ�ed t�as►���" ueas weder d,e rra�e sna�i so�ney�n�oa�e awu be�ia�u t�e eopryr . , .. ,
<br /> � kaall mtided the�eto. . ' � , �
<br /> `; �� � t�ea i.eade:may collect fees aod ci�es suthoriud i�Y�e Sec�etuY• � .
<br /> � ! Grai�tor AaYieraf�d Deb� , �����ia tbo c�se af p�ymeat defauita,
<br /> . . (a)Dda�lt. l�aider may,acoepc�s limited by zegul�oiom. ,
<br /> ���P�Y��ia fuU of aU sums securod by dus Socurity Instcument if: ����� _ .
<br /> � � : r)Bormwer defwits Iry fiiliag to gsy in fuU aoy�oamtY PaYment t�e9ui�16ry► . •
<br /> , w or an tbe due dat�d the axt moatbly payment,or to oim�n otl�er obliguioas�in this
<br /> Cn'��ry w�t+Y faitin8,for a perial of thutY daYs. 1P� Y
<br /> (b)SYe Without Cred�kApprwal. l.euder s)r�U.if Pemut�d bY spplicablc law aad wid�the prior a�prnval of the
<br /> : Secrata.ry.tn4uQe imme�m�Ym�in full of aD the smas so�ared by tbis Security Luuw�nt i� _�:.;.>:;:.:�
<br /> • :.�.�!]i or p�t of ttie Piropetty,a a b�encficia{inte�sst.��°�:st owning ail ar put of the.Ptopetty.is sdd;:cx;;`,;;;::.=s;;..-
<br /> �ise a�asfeued(ud�ar Wsn bY ckvise a�desaeu�l i�����d � �
<br /> :._ ��}'Tf�Rnp�ir4Y.is na.occap�bg t�r po�ar.�e as.�ac Gec piiacipal raideace,or tbe pu�r.h�se�'�;
<br /> . .�.:ac.g�anta does so cicca}sy��ha Ptope�y" bdt.�=s,c�.�er�cr�it fias aot ban appioYed in acc+a�ooc• ,. ,
<br /> � - � '�°urith the nquuemrnts of the Sa�tary. m full.6ut La►der
<br /> '(¢)3�io Waiver. ff ci�amstances occur that wa�aid per�nit Lender to cequ�iminediate payment'
<br /> ��mqui�e suchptyments�I,ender does not waive its rights with tespect to subsequent events.
<br /> (d)R�atlo�s ot HiJD S�etary. In many eireumctances.regulations issued by Ux Sa�ry will lun'st l.ender's
<br /> rigdts. in tlre case of ptyment defaults.to�uire immediate pty�neat in full and fonbciose if rntpud. '[t�is
<br /> Security Iastrument does nat authoriu aocskration or foceclosuae if nat permitted by regul�tians of the�ec�.etary.
<br /> (ty Moe�e Na tawred: Bartswcr a�es that shonid tttis Securiry Instrumcnt and�note secured th�eby not
<br /> ` be bligi6k fa inwnnce unQe�the Nuioml Housing Act within �� ` ` f��
<br /> . d�te I�eneof.t.ender msy.it iRa.aptian�nd nutwithsunding a(�ything in� �* "'�tequirc inunedi�u paYn!enc in
<br /> futl of al1 nums�ecuad by this Stcutity It�tromea�. A wridrn shlement af�ny au�hotixal agetie of the Sec�t�ty �
<br /> dsted subsequont to t hom the date he�eof.decli�ing to insure thia Security
<br /> � tnstru�nent�tid tAc nate�urc�i�aby.slull be damcd conctusive proof of such ineligibility. Notwithstandiag
<br /> ' � �the fonegoiog.this optioq may not 6e exercised hy Lender when the unav�itabfiity of insnrance is salely due m
<br /> t.ende�'s faituoe to rcmit a moetgage insurance premium to the Secrecary• ---
<br /> � 10 Reia�htea�� Borrowec ha.g s►right to be ieinstated if l.ender has required immediate payment in full because -�-_-_-�
<br /> — � of Barower� failute to pay an amount due undcr the•Note or this Securiry Inst�ument. This right appGes evrn after �
<br /> — faeclosu�e pcocadings ane u�stttuted. To reinstate the Security Instrument. Barrower shall tender m a lump sum all
<br /> amounts�quind to.bring Borrower's account curnnt including.to the extent they ar+e obligationc of Borrower w�der this
<br /> Securiry Inspumenti faeclosure cosu and�+eaconable and customary attomeys'fees and expenses propedy acsaciued witb
<br /> ==— the foieclosure prooeedin8. Upon ninstatement by Bortower,this Security Insuument and the o6ligations that it secuses
<br /> — s1�aU remain jn effect as if i.ender had�wt�uired.immediate payment in full. However.i.ender is not�equirod to�ertnit
<br /> = neinstaument iF G)Lender has accepted refnstatement after the eommencement of fareeiosuce proceodings witlun two
<br /> -�.= yeazs immediatety peceding the comasencement of a cunent foreclosur+e praceeding, (il) reinstatement will precIude __ - -
<br />-�-`� foceclosure on different grounds in the future.or(iii)re�statement wi11 adversely affect the prioriry of the Hen cnated b7 ____'�"'_
<br /> �� this Security Instrumen� ��'="��_�-=
<br /> "- 1L ibrrowtr Not Released; Forbwrance by Lender Not a Waiver. Extension of the time of payment or .;.�-�--=--�;y,
<br /> modification of amortization of the sums secured by this Secimry Instrument gr�mted by Lender to any successor r.�aiteiest '`:'-�'"-
<br /> _ � of Borrower shall not oper�te to release the liability of the original Borrower or Borrower's successor�n intetes2. �.endec � ��t_'_'
<br /> �;;� sIlall not be reyuired m commence proceedings agamse any successor in interest ar refuse to extend time for payr.lent or __ __
<br /> othernvise modify amottization of th� stuns secured by this Secusa:�instrument by reason of any demand made by the �;"'_:"
<br />�� 4 original Borrower or Borrower's successms in interest. Any forbearanx by Lender in exercising any right or remedy sbali :,,;>r!.
<br /> not be a waiver of or pre�tude thc exercise of any ri�t or remedy. �����r'
<br /> 12. Succtssors and�igns Bound;,loint�d Stveral Lia6ility;Co-Signera The covenanu and agreements of �y:-'.�; �``,::_
<br /> 4� �',
<br /> ;, this Security Instrument s�atl bind and benefit the secrasso�s and assigns of Lender and Bo�rower.snbject to the pruvisions r,�,,-.'�:. ;:-.
<br />` of Pazagraph 9.b. Boaower's covenants and agcxments shall be jomt and several. Any Borrower who co-sigtu this �r��.�.• '
<br /> • Securiry Inswment but dces not eaecute the Note: (a)is co-signing this Security lnstrument only to moRgage,grant and ,
<br /> - convey that 8orrower�s interest in the Propeay under the temis of this Security Instrument:(b)is not personally obligate�eo .
<br /> pay the sums secured by this Security Instrument;and(c)agrees that Lender and any other Horrower may agree to extend, �,'__+
<br /> � mod�fy.forbear or make any accommodations with rer,aard to the terms of this Sccurity Instrument or the Note w�t�tout that , .,
<br /> �r.� � Horrower?s consent r `�`*�:
<br /> � 13. 1\#ices. Any notice to 8orrower provided for in this Securiry Instrument shalt be given by deliver�ng iE or by ,. .
<br /> mailing it by first class mail untess applicable taw requires use of another method. The notice shall be directed to t€�e
<br /> � Property Address or any other addres�Bonower desi�nates by notice to Lender. My notice to l.ender shall be given by - ,
<br /> first class mait to Le�d:rw address stated herein ar any address Lender desi�nates by notice to Bmrowet. Any notice i,::;,,::'� . .
<br /> ,- provida4 for in this S:curity lnswment shall be deerr°3 to have been given to Bortower or l.cndcr when gnver.as pro4ided �:;,;�`,�.: . _
<br /> :: in this pangraph. '`'�• �
<br />`�s t4. Guvecning Law;5everability. This Security Instrument shall bc govemed by Federal law and Bze law of the
<br /> jurlsdiction in which the Property is located. In the event thstt any provision or clause of this Security Insur�ent or td�e
<br /> Note canflic�s with applicabfe law.such conflict shall not affect other provisions of this 5ecuriry Instrument ar ihe Note
<br /> 'which can be given effect without the conflicting provision. 1b this end the provisions of this Sesurity 1nsWcn�t and the
<br /> Note ate declated to be severable.
<br /> 1S. 8orrmrer'e C y. Bvrrower shall be given one conformed copy of ihis Security lnstrument.
<br /> li� Aaei�emeet d�enta. dorrower uncond3tionally assisns and transfe�s to L.ender a11 tfie renta and rovenues of the - .
<br /> property. Borrower authorizes Lender or Lender's agents tn col[ect the rents and revenues and hercby dincts each tenant of
<br /> the Property to psy the nnts to Lender or Lerdcr's agcnts. However.prior ro l.ender's notice to Barower ot Borrowerb
<br /> breach of any covenant or agreement in the Security instrument.Bnrrower shall colicct and receive all sents and revenues of . •
<br /> the Propetty as Wsta for the benefit af Lcnder and Bortower. This assignment of rents constitutes an absolute assignment .
<br /> �od not an�ssignrt�ent for aAditional security�rr1y. , . .
<br /> � It.I.ender gives notice of bnach to Bonower. (a)all rents neceived by Bormwer shaU be he[d 6y Bor�ower a9 trusta .
<br /> for benefit of Lender oNy.to beapplied w the svms securcd by the Security InsMUmen�(b)l.rnder shsll be entitkd to -- <�'. =
<br /> -- . coliect and meive all of the rents of the Ptoperty:and(c)each tenant of the Property shall pay all rents due and unpaid to .
<br /> � i,eider or l.ender's sigeat on l.e,nder's written demand to the tenant. `
<br /> Borrower has not executod any prior assignment of the�nts and has not aad wlll not pe�4'rnm any act that would
<br /> . pnevent I.endet from exrnisin$its rights w�dtr this P�agcaph 16. . .
<br /> . Le�ykt sit�ll mt be iequued to enttr upon,t�ict conttol of or mainta9n the Prope�ty befort or after giv�ug tatice of �;,
<br /> beracte�rr:B'alcowu. NnrNever.i�eade�or a ludicviiY ap�°iara3 rrxeiver may do so at any time there is a ix+ach. My i�:;..
<br /> �pplicada�o��uts�I noc aue a�:�tiive�ay def�uk ar un+�id�Le any ott�er right or�emdy of Lender. This sssignment f;��. :.
<br /> of�at�e Ft�apr�ry s�t tetmutale whert thec3e�t"secured by the Security(asuument is paid in fuli. • �: :'.
<br /> (p�ded oj4 ynaa)
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