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<br /> _ „ � , :.,� W �pl�• LM�l� �� �OOjK Y URI�fOd bj►(Otl1��OOY INUOd�I ib0 SOCfaBt�l�A tZlO CYD AtQ1ymODt�Yljfi�(OQ�ta �""°°'"`�
<br />- ., � ' ; lmawdlate Psym�et ia Nll ot�il wm��eauced�j►Wa Seaurity I�etu�ent iPs ° ° --
<br /> _'. •. :-., : �,,: .,� (i) go�� dehWt�by hilie�to pr to fWl aey mostbl!P�Y�t��'0d by thl�8ecwity in�ntr�oeet peior w or ao �:"�'"-"- -
<br /> ............:.. . .:
<br /> . ebe due d�te ot t�e aext aaatbl!ppmenb� ��� -
<br />� ,;� .R (il) B�tc�w�ec def�wla bp fiilios.for p peilod of tbi�ty�yc.w p:.�form aay as�a�ll�atiaas ooa�!IaeA�±�thde 3ecr.ir[ty = -_ _ _
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<br /> t�� s.�e wuao�c c,�e �o.ai. � �e.u� it peemittad by applic�ble kw �nd wit6 tbe prior spprovd of tbe � � y°s���<=�
<br /> .�t�ti t�:,.�..:
<br /> � .. s��c.n►.r�e��rn��+��u ot.u.�,m..�nea by�.seow�ey�.w,�oe i� . .�4�:;:.;r.
<br /> (i) AU or p�et ol�be P�ope�q,a a beoeRaLl intar�e�t ia a tttut a�wninf all or put ot d�e Peopaety►i�ald or otbeewl�e ;'., ;.;';:-.
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<br /> . tr�asFenmd(otbet d�n by devire or de�cmt)b�r da Bote�aw+�t��od . �;-..r" --
<br /> (in '!be pcoppty u aot ooa�piad by the punhuer or�nntee�s bL a ber prinaipal residence�o�the Purcb�or °�.��'�',`;�:_
<br /> . .. �nntee doa so aocupy tbo Piopaty but his or bar c�edit hae no!Ueen�pprovad in a¢oordmoe wlth tbe requina�enta of `: -•;_,_
<br /> , th0 SOC[etiry. � '`�"r''"�"'(h=`;
<br /> '���.:.
<br /> (c) No Wd�rr.If dreumet�ooes oocur tWt woWd permit LenJer to require immaU�te�ymaut la tV�U�but L�a�der does aot . '-.,`=�-
<br /> � . requ}ro oucl�pymenb.Itader doaa mt wtive its ri�hts wiW reepect to wbeeqnmt evante. '"."_.�_�-
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<br /> _ � __. .__: .
<br /> .--'- (�Re�watiaos o[si�u Seae�q'.3a rr�ay ci�io�si«ik,L:S�-u�3 ty�:..°.�r,s�';•.:'I!t lfmit I.�...s's s�o�l�tn _-T__ -_: - ----
<br /> � tbe ��es of payment defiulte to�equlra immediate psya�aat in tWl�ad forecloee ff aot pid. 'Ihi�Securfty Iastnimeat doee -
<br /> � , not auWorlu a000le�atloa or foreclosum if aot pamitted by te�vWions of tbe Sectet�ry. , ��t�i.-;
<br /> (e) Morf�e Not �ured, Hom�wer ��eoe tbst ehoWd tbie Security Ineaummt and tbe Note securad thereby not be . , * �'�f'--
<br /> :�_-
<br /> ell�ble fnr i�u�rncx �mder the Nado�ul Houefa�Act wjthin f0 days fmm We date hereof.L�eadar may�at its oplIoa�od `•..°'�
<br /> mder •'?-
<br /> notwIWstwdin� aaythin� ia pwr��aph 9. req�i�e imtnedi�te PWmeat ia tWl oi all sums eecwrod by thie Secariq► °
<br /> IasWmea� A written a�meat of�ny suthori�d syeat of the SecretarY dtted eul�se4ueat to 60 d�ys from t6e d�te 6enof. ' b=,^�`.
<br /> decliaing to iosure Wis Security Icsuumeat urd the Note aecured theceby. shoU be deemed conclusfve proof of e� '�`=1-�
<br /> 4
<br /> ine]igtbiUty. Nwwithst�adic� �6e foregoicg� this optlon may not be exercised by Lea�er whe�theuosvail�bilityof ;�� -�
<br /> ' insuru�c�e is solely due to I.eader's failun w remit a mortgnge insuraaee preminm to tha Secretary. �;,,`�
<br /> �-=------ _,__ _ . _ `41
<br /> 10. Rd�fat�eu. Horrower hts s dQht to be minatated if L�der 6�s requited immediate pymeat !a fuli becsuse of .;�'� _
<br /> Botrowet's fiilure W pty �n tmouat dt�e under tba Note or tWs Secudty Instrumatt.lLia rlgbt appUes even tRer foteeloeute ,. •.'�
<br /> .� prxeedln�s ae� i.ostipited,To reInahte the Seeurlty Iastnimeat,Borrower s1�U teader in a luwp eum all�mouats requited to bring
<br /> .:•
<br /> .os
<br /> Borrowet's �ccount cuneat Including, w tbo oateat tLey ore obligations of Borrower uader tWs Security�trvmeat�forecloau�e '' ,
<br /> coete and re�soaable aad cuswmary auorneys' fees and exP� Pt'oP��Y associ�ted wltL tbe foreclosum proceediag. Upon . �. ± .
<br /> minsqtemoat by Borcower, tbis Secu�ty Inetmmeat�nd We obligatlona t�t it securea s1W1 mmain in effect�s if Leader b�d not " �° +
<br /> Leadar is aot nqu[c�ad to peradt roinst�tement if (i) Leader !us scceptad ���
<br /> requIrod lmmediata psymeat In full. However, �,t .
<br /> reiastatemeat after the eommeacemeat of foreclosure pmceedinga wlthin two yeare immediately pt+ecedIng tbe commencammt of a , .
<br /> � curnmt foraclos�ue prooeediaB�(ii)roinst�temeat wjll preclude foreclos�ue oa dfffer�eat grouada ia the future�or(iit)teiashtameat i ' '
<br /> will adversely affect the prlo�ty of the llea creAted by Wia Security Iastrumeat. � „��'�,�-
<br /> 11. Bon+awer Not Rcleased; Forbe�ranoe By Leader Not a Wat�er.Exteasion of tha time of p►ymeat or modjfication of � ",��;' �
<br /> a n a R l u t t a n o f t h e s n m a s x u r e d b y t h i s S a c u r i t y I n s b u m e at g r a nted b y I.eader to an y s�uxessor in intereat of Borrower ehsU not � ,�", . `
<br /> oper�te to relesse the ILbility of the origloW Bornower or Borrower's successor in interest. I.eada s1�U not ba roquired to ; �'
<br /> comubaoe proceadinBs aYainst +mY suoassor in interest or refuse to exteaci iimn fur�wycuent or othecwis�r�odify arnoet�tlan o! � .. -_.��_-�';.
<br /> the sums secur�ed by this Secwity�sttumeat by c�eason of Aay damand avds by the original Borrower or Borrower's suocessors in ; .;�
<br /> intem�, Any forbearaaoe by Leader in axerclsing any right or remedy stwU dot ba a waiver of or precluda the eaercise of u�y right � ' �,
<br /> or remedy. ' . • -
<br /> � ,-,
<br /> 12. suoorsso�s ana n� eou�ai Joint And Severa!Liabil[ty;Co-Signers.'I7ie coveasnts and sgreemeats of this Security �;
<br /> Instntment shaU binct aad beaefit the successors ond assigns of Leader and Bonower,subject W the provisfons of puagaph 9.b.
<br /> Botmwer'e coveaants and agreemeats sh411 be joint aad several. My Bortower who co-signs tLia Security Instrumeat but dces not
<br /> axecuta the Note: (a) is oaeiguing thie Security Iasuument only to mortgage,grant aad coavey thAt Boaowet's intsre�t in the .��
<br /> property uadet 1he terma of th�e Security Inatcumeat: (b) is aot personaUy obiigated to pay the sums secured by t6is Security '
<br /> Ins�ument; aad (c)agrees t1t�t Leader and any other Bonower may agc�ee to extead.modify,forbear or malce aay accomrnodations '
<br /> . with regard to We teru�of tbis Sacurity lnatnw�ent or the Note witt�out tlwt Horrower's conseat.
<br /> 13. Notices. Any aotice to Borrower providod for in thie Security Inswmeat shall be givea by delivering it or by msuling it by
<br /> . first closs m�il ualess applicable 14w requires use of another method. 'Ibe notice sh�ll be directed w the Ptoperiy Addresa or�ny
<br /> other address Borrower desig�utes by notice to Leuder. My notice to Leader sbalt ba givea by first class anil to L.eader's addcess
<br /> • sfated herein or�ny asldcese Lender desigoates by aotice w Borrower. Aey notice provided for in tlds Secwity Iastrumeat shall be ;
<br /> : � deemed w have beeu givea to Bomower or Leader whea givea as provided ia ti�is paragraph. .
<br /> 14. Governtn�g I.owi Severabillty.'iliie Security U�stcumeat s6a11 be govemed by federal law and tha law of the jurisdictioa ja
<br /> _. � whicb the Proae�tv is lacated. Ia the eveat that any provision or dause of this Securiry Instrumeat ot t6a Note oonflicts with
<br /> . applIcabla law. such conflict shall not affoct other provisions of this Sacurity Iusnumeat ot the Notewhich caa be givea effect -
<br /> , without tbe eoa�flicting provlslon. To tl�ie ead the provisions of this Security Iastrumant end the Note are decl�red to be se�eroble.
<br /> � � IS.Borrower's Cop�.Bormwer slwll be glven one oonformod copy of thia Securiry Instlumeat.
<br /> ';' 16. Assigt�tneat oS Renis.Borrower unconditionatty assigns aad traabfers to Leader al!We reats and m,veaua of tbe Pro�ecty. .
<br /> � Borrower authorines L.eader ar I.eader's ageats to collect tba reats and revenucs aad hereby directs each tea�at of the Property to �
<br /> , ;f pay We een� to Londer or Leader's sg�ta. Howover,prior W L�eader's notice W Bo�ower of Borrower's bteach of any cove�wnt
<br /> ' or agreemeat in tbe Securiry Instrumeat,Bomower sball collect and raceive all rents aad reveaues of the Property as tzustae for the
<br /> � beaefit of Leader �nd 8ortower. 'lhis�ssignmeat of reats constitutes an absoluw assignmeat ond nat�n assignmeat for additionol
<br /> securlty oniy. 1
<br /> . .., �'�
<br /> ' Page 3 ot 4 • ' � �t1A 1�kb�a�w Oeed of Tru�•2/9�
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