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<br />�` : �` ��n .'� r , ` . .. , .. 't � , . ` . .. • ; — .__.—
<br /> �"�ynL� . . . ` ` ' •��� ��M� . . _—— _-= _
<br /> - 7� _ ,.PsYute�.whic�are referred to in,P�ag�a�4�2.or clt�ge't$e aaeoamt of such payiaents. Any ex�ess pns�+�ter•�. -
<br />:-: i ',�":; __ - --
<br /> 3^,: � ama�s�m pay�ll outs�nd3ng i�de9itedrzess un�r th�No�e and thas S�c.wity Iasuument sbail6e paid tv,dt�.�c.: : ' � --- .
<br />_ � -. iey�enttt�ed thereta . � . . - _
<br />�"� ' S .�. �. Ix��er may epllest feES snd cfia�ges au�:ari�od by the�eccetsry. , "---
<br /> 4� 4 Ge�u�daf�rAcceleratIonoY�eb�. . �
<br /> f �-° � .(a)�ntL L�end�r m�+.e�s�t as timited fr�r�a lutioas i s s u e d b y t h e Secmtary.i n.t he casz o f�a�nsen i d n f�t l�,:
<br /> ' �i-'4""'��;�:";tL. _ , CC(IUIIL°ililIIlEt�YdlL'p�3}1AtiAfit�!I�O�Hu SIIIItS 82CtI[0�jSy►t$IS.SCCt1I11�►�SWIYI2At ff r..,,_ -� --
<br /> f �;�':�:�`` `. � B a r r o w e r d�i g u I t s b t opay i n f u l t a n m a a t h I a eat b this Seiaui Iasuumcmr or �., �
<br /> ..;��;7��, � ('3 Y�, Y Y P Y� �1� Y aui t y P�► , w�.� -
<br /> � „. :f , to aron ths d�e date of ti:s next manthly�aymeat.or r� ±� --
<br /> — �-�_-�._�.. . _ (ii}Bacttasvez defautts b y f a i l i n g,far a p�r iad oY tIusty days.w pzrfotm any oth�r ob2ig�tians caam�n�ct,in thfitt. ;���z=
<br /> . t' ' ' S���� - ' ' _ � � -. —
<br /> � �F 4 �; � .��Y ` (Q1)$l31��OII�CfL'i�2�ijtT8V8� �.Cl1dCf S�,ff�C�1GCd Efj/Sj�lIC8�1��$W 82I�.W1f11 Tl]B jliLQL B�ItLi/p1:0�t;lS. • --
<br /> ;, �
<br /> `a��, .�;. , -. . .� ' 3ecretazy.�e�re immEdiate paYment ui full of a}I tha s�ns s�ued by this Secqnt�.Insttaat�nt i� ' �;_r----- -
<br /> 7;-..
<br /> �`.,�... , ()pU or part of the �gerty.ar�benefiMal intecess in a tn�st owrning a11 or part.of tde Ptagerty�is srgid os ��?.:___
<br /> �r�"'`:;'.: ' - - oth�ruvise transfsaed(oth� er ttmn by devise or desce�D bY the Borrower,aad
<br /> ;� :, . ('u)7Bte ptaperty.is aat aocupiod 6p.tbe purchaser or g�antee as bis or her p�iaciga!cesideace.ortbe pittc3�as�i •_ . �z"�__-._
<br /> •• or g�t,ntea does so,oocupy We Paapecty. but lus or her ec�dit das noi 6�n appmved� in,a�rd�e �:_
<br /> � �:" _ . . - aitb theres�i�mems af the Secaetaty. - '.f�:,`�`_.__ -
<br /> . (c)No Waiver. If cinct�arcur ti�ai woaid pemiit Lend�r to requue immc�tiata paymettt in fuli.6ut iRUder Y:'-" -•-
<br /> does noi tequite suchp�yments,I.ender does aot waive its tights witb 4espect ta subsequent events. ',.,-4;s4.��:,:�__
<br />_ .` . (d)gegylpttqns aY H83ID S�rr¢�ry. in many cua�mstsnees cegataiions�ss�ed by the S�etary unU Gtnii L�ends�z'�. cT S • � �{r'
<br /> �«� :�5's;:'-
<br /> _ _�� : ' �.. ' rights. in tho case of payment defaatts,to nquire immediate pByrtte�►t in loil and for+eclass if aat paiA. 'Pbi�. ;: , � �;;;;_=-
<br /> Secmifiy Instratiment does noi authmize aaceteiation oz farectosuse if noi pennitted by:egulations of the Sec�etary, , . .� ,{ ,
<br /> •.., �; _..• ,
<br /> �:� ' � .��. . <<_: ; (e)Ndoaq�e Not Irs�aa�d. Bm:aa�rer agees that shauld this Secm�ity Instrament and the no3e s,�cu�d theieby nat� � r=.,t,.�...
<br /> . �4�" . ,, 't• , 6�eligi"blefot iasura.mceunder theNatim�a! Hou�sgActwithin 8 m��118 �� '""
<br /> ; � � . ��d�'"='
<br /> . �;� date heieof,Lender may,at its opsian aad naiwitLstanding anything in P�agraph 9;�Nire immediute pay�rrcnt in� ' "``:.�.� "`
<br /> :� .. � .� _ =
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<br /> . �. .--..-:: - - . .tuIl af.all.�s�uted.by.this.Securiry�nsdumer�t A written stut�ment of any autttorized aget�i af tha Sec�emry.• .'; .�-� �_��
<br /> -_-. � � ,� . . �� ... , � ,
<br /> : �: • :;� dated svbs�qaent to 6.months from � e kereof.declining w insune this Sarur�h� � __--
<br />- • <'.�� '. •.�: Instrameu�aad ti�e note secnred these6y.sltaU be deemed conclusive praof of such ineligi"b�ity. Notwithstr�nd�ttg '-_-.
<br /> :,��C`;:�:���; �' ' the foiegaing,this option may aot be execcised by I.ender when the unavailab�7ity.of inw�anc�is sately dus ta ."� � —
<br />_� ' ,,.�� '!?l�'�'�.♦`, . Leader�sfailure co remit a mortgage insurance prEmium to the Sec�etary. •`��V -
<br /> _ . .,..•�„
<br /> :� ;, . ::t..�r�- , . 10. Ideinsta4'�ea� Bosower has a right to be cemstated if Lender has�equiied'immediate paymcnt in fuU�hecntt� '"s.;E.,£�=1 _ -
<br />_ . ..���<<•:,;' � � of Borrower�s fafi�i�:to pay an amovut due under the-2Vote or this Security Lutsumen� This nght ap�lios even,after ' • • ' �`:
<br /> .,� .;• u '-� :s
<br /> ;�s; ..�< �•; . � ' foiectosuie pros�li��s ar�e in�tituted. 'ib ieinstate the Security Instrument, Borrower shall cend�r in a tump�sum all � ... • •, ;�;;
<br /> � '%�(��'�`:'° ;u"ti;::i: a'mOUnis tequitEd�,�ring$onower's account cument includi�tg,to the extent they aie obliga6ons of Bor�vwec and�r ttfis �+,J
<br /> 'T�/%c i'�< [V . �,� ..'�.,5.. . f
<br /> . �.- s.'•�•;f�r` �,r,����� . Secuiity Instcume'ir�.foreclosure costs and�easonab2e and cusmmary attomeys'fees and expenses properiy.assaciat�d with
<br /> .�. • `t`� -
<br /> ..Y,- , �-:-• Instrument d the obl�gationsthsu it:secwes .��,;`. •�.
<br /> ,�%�c�. the ftsieclosu:e p�cs.�eding. Upon reinstatement by Bomnwer,this Security a¢ � %'�r �,;
<br /> .. �e
<br /> ` " f �' � :� shall r�main in e!��s if Lender had not�uired immediate payment in full. However,Lend..-r is nat3equined ta germit : f � i
<br /> 't��,�` ''` teinstatement i�.(�Lender has accepted reinssatement after the wmmaicc,`nent of foreclosura�flings.wiithin two : ��`:• ,r ����s�X'� ?f�"+'-`-'
<br /> ' M�r .' . � � ems immediatet' � the commen�of a cwier►t foreciosiu�.(�xroceeding. tii)�t�:�erisc�t•w�il�p�clude �L �, - -
<br /> 1 �,�;:n. ;,`;;' r Y 7f.C�".,Ceding ` -
<br /> , =��'�,.�.�r.�' fareclos�e on diffeTent gmunds in the futu�ti o�(ii7 reinstatemeni arill�t�ly affect the prior.t�a#'t#�e lian c�eated 6y ',f;� �'ti i�
<br /> - ' 't'�,�;li�"'�' � , this SOCUrity lnstrumeIIt. • � :•.:- ., . . ,. ,..d� , �':�
<br /> �_ . ..�'.°:;k�ti:s.�._�_,: :•• _ � ' ��
<br /> `;r'��:- .,f,:�. :.. :.• . 1L Bor'oiver Not Reteased; Focbeat8nce by l:eader Noi a VYsiv�: Ext.�n.�ia;af thc ama uf payment or � ,: `�1� .�;
<br /> �• �rtodification of amortization of the sums secured by this Security lnswment granted b}�f:�rr��t to any.saccesws�m interest `: `y ��'
<br /> � ••' " of Borrower shall not operate to release the liability of the original Bmrower or BorroEver'�successor in intecest. Lender `� ;�
<br /> � , shall not be rec�uired to commence proceedings agamst any successor in interest os refuse co extend tima for�paymens or �. �, :�,�'.' ��
<br /> '� - . . • . o t herwise mod�f y amortizarion of the sums secured b y this Security Inswment by reason of any demand�mAde by the : � � � : .��;��:-..��
<br /> '�.��,�•' �� ' ori Borrowa or Bmrower's successors in inteTest. My forbearance by Lender in exercising any right ar�cemedy shall � • l.,��`
<br /> . , . Sinal .. j�:--
<br /> . not be a waiver of or pmclude the ezercise of any right or mr� : ...• ;���-
<br />- `:: °�-`� • . • 12 �Saocessors and Ass�gns Bound;Joint and Se��ssf ia6il�ty;Co-Signess. 73ie covenants and�ageements of � • , . ...
<br /> ' � • �• .
<br /> ' : �-::�: ' . � this Security Inswment shall bind and 6enefit.d'ze successot�and assigns of Lender and Boirower.subjeci ta the pmvisions � . :. '.� ��� �__
<br /> ,,•,�•; -
<br /> .�? ,�,.�,��,- � � � of Paiagraph 9.6. Bormwer's covenanis an�a�emenu shall be join3 ar.d several. My Bmrmr�r.A�a oo-signs this � � '+.
<br /> :r r'}'�'`','. :'. �..'• . Sectuiry Instrument but does not eaecr�•e the�s;ce: (a)is casigning this se+.Y;rity lnstniment anty tu:mn�t$uge,gant and '� ;;
<br /> ' °" ���;°.���• ' `t��'' � convey that Borrower's interest in the Ptoperty ander the tenns of this Securicy fnstrume�3;tl�)is not g.it�onall��obligated to . ,. . • :, ' ; �- �•.
<br /> ' � f� • . ',: . F, , a the sums secuird b this Serxuit Insuumenr and(c)a s that Lender and an o11is Borrower may agree to exi�ad • ' ` �'"'`�
<br />` _ �, <;;f fv��,�.�� P Y Y Y St'De Y ����.'�' � ..,��;
<br /> '', ;, ;:,j��,�: �• modify.forbrar or malke anp a�aarnmodations with regard to ihe terms of this Securiq�in�tn:ment ar tha Nutp withc�as:ti�at � ;,r;t�? ': . _
<br /> �, Borrower's coaserit:
<br /> �" ''�i�t 13. Notices. Ai�y notice to Bonower provided for in this Securiry fnstrument shail be given by delivming it or by . .
<br /> •� '. ��� • mailing it by fust ciass mail unless applicable Iaw trquires use of another method. 'J7�e nouce shalhbe ditected to the �� • -
<br /> •, t '��• ' � � Ptope�ty Address or any other address Sorrower des�gnates by notice to Lender. Any natic�to Lender�shaU�be giv�by ' • •
<br /> ` , ,•° ':+?;t�;.�, � firt�l cl�ss mail to lxnder's add:*�:ss stated herein or any address Lender designates by natice to Bunme�er. nnp .n��i+� �. : �
<br /> . provi��d for in this Security lr.ym;r:�ent sha116e deemed to have becn given to Borrower or Lender when givcn•as prrvi�� ,
<br /> :;��, .. in this paragraph. � : , ' •'::�;4{;
<br /> �.:,; �;���' ' " ' 10. Goveml�r�Law;Severability. T}l�s Security Insttumem shall be govemed by Federnl(atiti and tha Iaw of the � � ;i:•.?.:;.,
<br /> ,�.y z��s� " � • ' � jurisdiction in•+�irid�x.he Property is located: 1io��the event that any prov.ision or clause of this Secu�ty Usstument or the '�J`'`�`
<br /> �' ;> •. ' �.:: ,;•���;;,,
<br /> ,-�.� :h`„ , ,,;•. . .,,' Note conflicts vri�l��applicable law,sucb conflict shal�not affect other pm�isions of this Security Insttumt�tt�or the Note
<br /> •i•�". �" .:,� .•'' �;�„`,;' which can be given effect witta��u the conflicting provision. To this end the provisions of this Security Ittsttum�nt and the �'
<br /> 4`i '< .�•
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<br /> . �,' �t;,�,. ,�.�;�`J��t,t,-..• Note aze dectazeQ to be sever.:�1�, • { • •
<br /> f �; , .. ;;,,\�'..
<br /> ' "•� ''+ �• '��'i;���; iS. Borer,�+�s�sCopy. �rr'owershall begivenoneconformedcopy of this5ec�rit� tnshumen� .,, r�a,: .' •
<br /> "'� �`� • � 16. �6ssi rt�enL�mf Rents. Bortower uncondfUonail assi ns and tr-�.ansfcrs to Lender all tha rent�and rev�nues of the `, �• ' ' ' `'`%�-
<br /> ja c.:e,. � y � , �j5�
<br /> -- ; ��•�. Property. Borrower authorizes LEnder or Lender's agen�S to coilect the rei�ir,+�nd revenues and here6y dirocts e,a��tenant of . ';.,:,i.;
<br /> : � �� . the Property to pay the rent4 to Lender or Lender's agents. However.pric,to Lender's notice ca Bnn»a�.roi��nmower� ' . : �:�;;y;
<br /> , � ' � breach of any covenant or asneement in the Secwity lnstrument,Botrower shalf coilect and rereive all tents anA reti�enurs of ''�:
<br /> .,, ;�' • � � . • '_ the property sis wstee for the benefit of Lendcr and Borrowrr. 77�is assignment of rents svastitutes an absolutu a�signment ��"�
<br /> s
<br /> . '.�. � and nat an assigement for additionnl security only. ;
<br /> �.'t, . If Lender ves noqce of breACh to Borrower: (a)all rents received by Boao�ver shall be held 6y Hrnm��w��a�:ttWtes �� -
<br /> ':;� ,�� . .. �_ ' far 6enefit of L�eader only.to 6e applied[o the sums secured by the Security Instrument:tb)Lender sfiall�be e�niitlud�ta j .
<br /> '1 . • . collect and receive all of the rents of the Ptoperty:arld Ic)e3ch tenant tsf the Prtsperty shall pay aU rcnts due and utrp.i8�tu� i .
<br /> � . • .. • l.endrr or l.ender's agent an Lender's written demaad to the tenant. . ,
<br /> • � � Bo wer has not executed an rior acsi ment of the oents and h�rtot arid wili no1 perf�rm any�that•��vru{d� . • •
<br /> � 7., ... rro Y p �►
<br /> . 1 �►,-'-- _ .. . • prevent Lender ham exercising its rights nnder this Paragraph 16. � ,.
<br /> ', i .• . Lender shall not be requited to enter upon.take crntml of or mairttain the Property before or afler giv'tng nmicxa of� � _,'
<br /> � . bteacb to Barrowet. However.Lender or a�udtcislly aypointed receiver may do so at any time there is a btc�►�i:,Anp.. '. '
<br /> � , application of rents shali not cute or waive any default or invalidate any other right or remed�of Lender. 74�is assi�►nmtvn� ;' �
<br /> • , ', „ of t�ents otthe H+opercy shnll teir�n�e when the debt secured by the Security[nswment ic paid�n full� ; .
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