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<br /> . � .. : �YS�3 iec�.liz��g.�Y at.�o�d'ulg:nrs�d�b[ed4ecs uudt�t�Note aa�t6is Sec�ritq fn tmer�x S.F�i b@�d t�cJ�a o�-.
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<br /> __ - '`. , = ��,�,�:rmaXcoltest�fees artd c6ar�es'a�tAgrixRd 6y tae S�c�y►. � ' ,: . � . —
<br /> -=--='--- � � t 9 G���`Acseleration of Dsb� � ,
<br /> -- � ` (a}�TL I.e�tdQr may.e�oagt as limited by n�ulauons�b�'tt�S�ceeta�r in ihx arse mrf�ayment defauEts!,
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<br /> ----�----_-��-�— . �u�xe xm�ed�e payinens m fatt o sl2 sun�s sectu�d Y S�'�� . _ _ _
<br /> : :���.- � ; (7�a�o�re��b�fa�ing to.�p�m fiiII any man�t��a��iCOd�Y�S�tY��F� �--� � ___.
<br />����- � tsaa�raFa B�d�ceclate of the Qea�e�aa�3y DaY�+� - -
<br /> ���� diia Bv�eoge�def�lts by fa�,fod a�i�as tiiuty�rs„ta petfaam aay ot�r c*g�gatiraAS conmined in thFs' . _- - --
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<br /> `� b ����. _ (b�S��'�4�it A�pac+�l. 9a.�a�r x�.if pepmitt��q�pplicable law and�vat�h��iorappraval df c?�o - -
<br /> ���.�..�;�,� S�ess� ►.�4's�ieamedi�i►�Y�iu�ffWl o�a�l s�sums secured by tWs Security inssiuin�et�f . . - --
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<br />��_���;�.�,�,:ai� � ($ or paat of the Property,oz a beaarfc�ia��t in a vust owning all ar p�t af the Propctty.�snl�� . -------
<br /> W� �;�t.,;� o�wisa craasferr�d(oth-er tlsan by derise oa de�ent?bY t�ae B�rtowe�.�nd ` .. �_-�--=_�-
<br /> -- - � 4ii)'Ihe Pmr�erty is not oc�apied 6y the p but i�is o�r h��credit rh s�not��en u�roved in uaasd sn�s " ��_`
<br /> --___ --�� or grantee doPS so oauPY � �RY AD _ ,
<br /> --- --_-==� . wIth tlie zequitrments ot the Secretary.
<br /> -==�:�3� � (c)No R'aSvcr. IL°circumstanccsoccur that woutd permit Leader to r�quire immediat►�Q�yment in.futi.burLcndEr � -
<br /> -:�- r� does not uue suehpay�mem ts.Lcnder daes not wmve its ri�hts with�s�rct to Ftabuquent evcnts. � ,____ __
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<br /> ���=�`.��,_:,�;�•::< (d)Rer�ut�ofts Qt NUD Secreiary. In many circumstances tegult►tlons issued by yl►e Sccrettuy will ifmit LenderI� ---_:--- --
<br /> -�,� rigbts,In�the case oY payanent defuult9, to reguQe immedia±a-pa�yment in InH an0 foreciose if�tat paid. 'iZ�ts " -- -----
<br /> �- S e c u r i t y I n s w m e n t d o e s rt o t o�s l h�O r i z e a c c e t e r d tto�e or finec�asm+e ff rtot p ennitte�b y re gu4atIans of t�o Suretat�. _ry___ -
<br /> �- ��..�.�",�'`,� [e)M o�g e N o t I a s a r e d. B a�r o ti v e r a g�e e s t h a t s houl d this S¢c�ui a y Utswment a�►d td�u9ue seciurd ttieieby n�t �� :.�__
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<br /> :r�F�-�' •`�i�x��:, � tie e11g�'ble far insurance artder t6c Nauiaa�ai Hausing Act witi�in 8 �oat2tS fmm tha M ---
<br /> � w~�p'�f�'�'`.� . date haeof.lxnder may.ai its ogtion and notwithstan�ing anything in Paragraph 9.require immEdi�te g�Yaaeat w �y� - --
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<br /> -�`''l�`:."_-_�`=� full of aU sums secuc+ed by tltis Secucit}►Ls.swment A writte�►st�tem�►t of any auth��iu�d agem of thc Secre3aty '` `—
<br /> �e rt , ,;;;,.-�. . . -� -� -- . .- . . . .. . fmm the date hereof d to insure�ttiis Securi . . . .�' __- -
<br /> �ted su er�ro. . 8 mo ths . ecliniqg tiy�
<br /> Instrumeat and ttie note y.shall be deemeA cmnclusive roof of such insli �ili Notwithstandin ''`} '` ' ' _ _
<br /> ,�_ secure�thereb P F� iY• g t�*';�,., .��,_—.
<br /> � . �•-��'�� ttte foregoing,this optlon may not be eaencised by Lender when the unavailabiliry of instu�nce is solely due to r;,1�j�;�',��
<br /> �'� Le�rder's faiiure to remit a mortgage iasurance pse�niwn w dia Secretary. ' -''="��
<br /> - - _ _ , .� to be reinstated if I.ender has yment in fu11 � �4' -
<br /> - wer has a ri tequired immediate pa becz�use ���c:<��>�mos[�•
<br /> .° .°,.� f� I�`n�statemeaL Batro gflt .-. .. .
<br /> ' '�` ..��: : af IIon�owir��'fa�iue to pay aa"amnu.rsl�due tmder the•Note or t�is Secwity Inswmen�, 7l�is right applies even after :,,;`,�..,.
<br /> �:��'v":;=��'�=,'fJih;�,'!;�: ;f�ciusu�:��eedings are insriu�d�. Tb ieinstaie the Securit�Tnsuument, Borrower sl►all tender in a iump srom sU ' •. ., ':
<br /> ,,t :':. ,..y�? :.;_��fs�*e�p�ied to bnng Bomawels ascnuur cua+etst including.'G�tT�a extent they are obligauoits of Borm�et vnder tLis �2= .
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<br /> �;%��,� t'` ��:. &�ment,forectos�u�e costs acic�cea�o�ralal�.isczi£�sty�ica.ry attomeys'fees aad eapeases properly associsted with ::,'.,
<br /> ':;�,��x:.. f ::'�� n��� , _ 'S ty Insuument and the obligations thaz it secu¢�s •
<br /> —�r,. "S`'i�t���e Praceedu!g. Upo is ffu��v-�:�;is ecuri
<br /> � ' "�%�`� �effect as if Lender[iad�at ' � �rretit in�ull. However.Lender is not iequined to�nit •"#'
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<br /> .'"� � '-�i._:r� (i)Lender has a ���r��,^,t:�;thP�+arinmencement of foreclosure proccedings arithns tao, . . ,;•.',�
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<br /> �:;�,�. . � y�s•���ii�e1Y Pmceding the wres�enreme�t�f��uievtfir��c�'r�snre PmoeedinS, fii) ieinstatement will preclude�...��'.. , .
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<br /> "`.,y�F, �'`•; . . forecIos�rie.'u�different grounds in the fut�e,m'QrauD sei�s3;ui actvex�ety affect the priority of the lien ecrated b}�.,..� : .
<br /> ;:• f :. •-�.. this�?�3:��,lnshument. . . .:.:..;'�•• ' ',. ';.:,I:;-�'..
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<br /> � :�_,;;.. •;,.��a:. ��. flL�..•:�rrower No3 Released; 1Fanfiearance�y Lea�2er .R.�.'a�.a Waiver. Fa�tension of the time of payment or,: � �•«.:� w . _ .
<br />� °;r ,; F mod�-�Li;�s of amortization of the suc��s:raaaed by this Secuzic�,fn.�iument granted 6y Leader w any sucsessor in inteiest �f�`•`<.::>�,�,
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<br /> `�;';^�. � of��shall not operate to re�i3:�:'fyability of the or�g'u�l;13'�aower or Borrower�su�cessor in intecest. I.ender•� '..•±.._��
<br />� � `'� '`'",;�'' ' �i�c;l:�required to eommence pra��1�s ssgaznst an�+scta,?�ay;e in interest or refuse to�e�nd dme for payme.ne�r: :,f s�_ --t--`-
<br /> a— . .. ': � `, `,` '� > dify e sums sec�ared I�3r,t�ses,�a.v�ii.3i Instnunent by ieason of any demand.m��r.1a�'1�hr �:� : � ��y��� -•
<br /> .. . � �sy�z,mo amortizafion of th _
<br /> ' • � �cr;�,f,3ormwer or Borrower's successors in int�e:+:.-�i::Aa�g.�'ai��esi�nce by Lendor io exenising any right oef�ifiraiµ:�'c�al�l ���+���-:
<br />�,i � ° ' ' tqu�1be�;�aiver of or p�clude the exentise of any�i�¢ua�r.��iy'��. : � , ���'':
<br />� . .�. ,.. . �� . . Tf�"i�,`t5u�essors and Assigns Boumd..Dait�C,T�d�'��R�:1lvity,CaSigners. The covenants and ag�.�rl�+ai �,. ,'• �r. < :
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<br /> . "�.�•tDt,:��rad�ixt��nstrument shall bind an�bene#nt du:�i�o�SLT�am$�i:��fi3as of Lender and Bortower.subject to the provc�lar;�.,,'._ • ':: �.�-� ,�,: :
<br />�!� �, :��' `.ii�'I�i�9.6. Borrower�s cove�ae�ts a�c�..�,�aar.s�is s.�,���n�iat and several. Any Borrower who co-sigas t�s�,:. ::• ;;�;;1 ��'•;,�;;
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<br /> � � �: ���� �r��.�sm�ment but does not execute the��6�,Gs)is co-si�ra�, !g�9s Se�urity Insuument only to mortgage.gtant.�vi' •; � ;, �c �:�;��, :
<br /> � •;�c�p,�'�at Borrawer�s interest in the Property'c:�d�e�;rJ.4e terms of nY�Securir�,Gis-tzr,eme�x @)is not pe�sonaUy obligated t��_ • '.��, �-, K'�: .;:.
<br /> i'r,tn.�s�uns secured b this Securi Instrumeni;z.d(c)a 4'(�Lender ar�3;un.y other Borrower may agree to extend,., ��•����• � �;
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<br /> ; t;,�•; . , ih�;�cfiear or make any accommad�tions witl�regard to eP�re��s of this Securiry Insmetn�nt or the Note vinWnut tL�, .,��`'x� ��' � .-
<br /> .r� ��� �,Ber�c.-�w��r�s.consent. . " .. . :', ;' • , ,, .�...,,
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<br /> . �� j . ��:.taiatices. M notice to�a►�nny'�r ptovid�d for in t�ris srt;.�uiry Insuument shalt tre.�i'vr-;A by deliverc4g ie gu l� , •'r,t.��„'��`': .
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<br /> . ��''•. '' !�.,'dr��oq�lu,�by first class mait unless appli�abfie:}'x��s���uires ii'�:��:'another methad. The no'tue sha116e�tu��1ln' �� . . .
<br /> •�' ` • � ' ° .�1(Address or any other address Bonoa��tie�ipg��;ri�.���cltice to Lender. Any notice to Leitder sP�a�](�s.�»aa�j5�, �•' . ,•
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<br /> .. . • �•.:16�:u�ti���enail to Lender�addmss stated hen�iti•,:�';w�;�,,°,f i�i�.ks'Lender designates by notice to Borrowei;:';I�`iiy ri,c�piae;, ,
<br />_ ' � �, I' � •.� j7m�l�ilu!(t�ir in this Security instrument shalt bed�a�a3;i,�1san��:tx�n given to Bonower or Lender when gives�:3n(}tu�a�ix�Ci!�. • � � . • �
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<br />- �1jI overning Law;Severa6ltIEy. �'his�c�aauii�:�.it�rs�r�ast shall be govemed by Federal law and the lau+of t�Ar ;.`: .
<br /> � �.���` ..�,jju��,fi�.�ion in which the Property is lacatc�. tm tlu::.�t�:ent that any provision os clause of this Security Instcuzecent vr tlut.�;:..'• . , '
<br /> ' �':,:�;:;:�::,,••"`"'��:'. �. � 1�`oTe conflicts with applicable law.such corifiict steoi���t affect other provisions of this Security Instrumene oc tfce l�ati;:'�: . ,-; .,'. ��:".
<br /> '`%3'��'' i'"• •�•';, ; which can be given ef�'ect without the conflicdng pro�ision. To this end the provlsions of this Security Insnv�iva�t:�ur3:tJi�'. i' •
<br /> '. . •s�'<<�,� � Note are declared to be severable. � .:: � ,';.,S< <;
<br /> 1 , .�':��•;�� �`...., 1S. Bflrrower's Copy. Bmmwer shall be given one conformed copy of this Security Inswrteen� � . ';.� . •}'' .,,`%:. ��
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<br /> ` ``��'����� �'`�'`" 16. Assignment of Rents. Borrower uncondmonally assl and trunsfers to I..enderull the aents and;i±e�+�ueso�'dnc � ''` '?;!f:
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<br /> � ` � '�'•`:�`-�';:r' Property. Bartower authorizes Lendcr or Lender's agents to collect the rents and�venues and hetehy dic�is.r.�sh tenant of
<br /> .t: :. ' ; ' " , the Pmperty to pay the rents to l.ender or l.ender�s agents. However,prior to Lender§notice ta BorrowW�uP Borrove+er's '�'��"' :�
<br /> . bteaeh of any covenant or ageement in the Security Instrumem,Borrower shall collect and rece3ve atl r..nts�ud nevenues of
<br /> . . the PrapeRy as trustee Sor the benefit of Lender and Bomnwer. 7]�is assignment of rems constitutes an a6sblute assignment ,
<br /> • and not an assignment for additianal securiry onty. , '
<br /> � ' � IP 1.ertQer gives notice of breach to Bortower. (a)all renis mceived by Borrower shall be held by Borrotiver as wstee . .. '; .
<br /> �:s`. • , �= • for beneflt of Lender only,to be applied ta tha sums secured by the Security Instrument;(b)Lender shall be entitled to
<br /> ; '�;`%Flii-;:::;.: "� ' � wltect and receive all 09 the rents of the Property:and(c)each tenant of the Piro�perty shall pay all rents due arcd unpaid to ,� .• "
<br /> '� . ..;;.�,;:+`;,;��:f.•t�i;` Lender or Lender�age�it on l.cnderk written demund to the tenant. � .
<br /> Borrawer has noi executed any prtor assignment of the rents and hat not nnd will not perform any act that would
<br /> '� ..•s,�,;:�a,:�.' :; 1��..,`�;� pre�►ent Lenderfrom e�cerclsing its ryahts under this Fgrap,�taph 16, ,. ;. ,;
<br /> ;ti�•;•;;;;�<i':';;31;i���-�:'jij Lender shall noi be roqulred ro e�ter upon,take control of ar maintain the Ptoperty 6etui�or af�er giving nodce at ' :�;,;... ,
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<br /> bteA�#n.2ry�anower. Howevet,l.ender or a judicially appointod receiver may do so at any�tim��here is a breac3�. An� ;�,� .; .3r;,•,.;: .
<br /> � "���• �'•."'��, a;.o�trllatl�an ef tents shall not care or waive any d°fauta o�9nvsalidate uny other nght ot remedy'of ,L'ettder. �iYtis assignrn�tt',. ,�„
<br /> . : �•o��nts a�the Praperty shall tenninate when the de�2 sucu�ed by the Security Instrument is paid in fu11. .•�. . . , .
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