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<br /> � , . `�y����n�a���t.�`��e tIle a�i;op surh paya�ts:-Assy�ts gs�s�vves ast��� � �-` ,
<br /> �. ��� s t4�e t�et�8 tttis 5eauitg Insriun��l be pa�to ths�riity,4 ::;:s
<br /> y t}�en�y �.����
<br /> • . ts8�8. �L;tnder mkp�}�£ee.e�eds�g�s autlu�xire�l by ti�See�ts�yt. „ . � : •, , . '.
<br /> ` �� g. 4',�[or�►p�Sano[De'b� < .. ., : . .
<br /> _ __ • < . � ,ta���Lendar msy.exoe�.as�m�3 bY seguta3iatts tssued Dy ihe S�etarp m t�s case rf ptycn�t�efsu,I�s." ' ,
<br />- -- ��equu�immsdiata ymtniiaflillaf�l�secates�.hy�itd4��cnitjtinsm�menYif' . .
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<br />_ . C)�amo�r d�fmilts by fsuling to��fnfll aay.m��aty�FaY�eai�T bp t�S����a��``�
<br />�Y= -- -- " tooson tl�due dat�of�neact ta� g�p�ym�,Qt, S . . . . .. ` -
<br /> v��__�_��
<br />�:— ------ � ('�i)Sa�wer dafaNts by fa�ut�,fcn a penod of td�iny days.to peiEona�aay a�r abligati�s��a.i�s.
<br /> - -� _-_� - � Tnsu�mrat. : . ,. . . __ . _ _ _ _
<br /> V— -�- � t6��e��'s�rt��sf,r�..��sT�Ii.�€�-�i�+:���caL��atv�I�#��sors�-�' '.a�t3it._ _ . ,.. __-
<br /> . S�y4 i�immediste QByiC�t iII ful2 Of ull tti�StiII7s set�ue3 6y tb35 SsiCUrity Incxm�neitt�
<br /> `+: ('i)AII os p8I[of thE.l�[op�1'ar a 6en�fival i�t in a t�as+t owaing�or part of[hc�ny.is sald or —
<br /> _ ott�wise transfeasd(ather man by devise v=6�oent)byr ths Bamuweti aad.
<br /> � fn'3 ahe Fivperty is uot ocaeupied by the gu�aser or granlee as i�s or her.gaiaapal�eside�ce,or tfie�
<br />';� or g�ntee dnes so oocapy the Qt�er�y b� !ns or:@er crcdit.Iras aoi 6aen apq►sorr� tn s�an� .
<br /> >� �withtba ieqaueme�s of the Secretary. .
<br /> - ` . (e)No WaiYtr. if cin�oes acalr�hat wm�Td peiant Leader ta�unmediate payat�t in fuil.tmcl�r
<br />- . d�es aut c�qui�sushpaymems.L�tsdet duas not Naive sts n�nrs�r�th�s�t to svbsequeat cveats.. '
<br /> . (d)�ims af HIJD S�r� Iri many ci�st�ees�ans i�ed by the 3�tary mII li�t I.ea�r?s ,
<br />- rights.in t�te case of paym�t d�tIt5.to mq�ue immediate t�e.�and fosaelose if noip�, 'ih�s
<br /> .
<br />_ ' S�arity Tr�str�t d�s not�aeoe�e�.tiaaar fac�Ios�ue'��by t�latiaas+of tme�ecsc�rsy ,
<br />- :;- ' (e)RZne�aga Nat Insoned. Ha�r a�s tkat slEauld this&ec�ity tnsori�cai aafl the note:se� ,t�y� .
<br /> =°��.--_���;� . be eli�tefar insiaance�mder t�Ptasional H�rosingActvuitt�at �E �� . ,
<br /> '� � date��of,I.ender may.at iES opt�n and notv�-ithstaind'mg anys��ia g�`4T reqairs�iaLe paymeat in •
<br />� • . :
<br />- �I . fuII of eti stims�d 6y this Seauity Ius�mmeut.A wnuea�aEmry.suthorized agent af tlte S�►. . .
<br /> ---�--------�-----�------�
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<br />�� .:� � sebseqaeaii�o-----�t� .-----...._....----�-�----..___fra�ir+u�, ": _ . _. �t3►__..__ _ ...
<br /> ; -. � r �dat��ehf,decliningw mstu�ttns 3
<br /> - - - Ias�n�tt aud ti�note y.sball be deemed o�sIr�-�e t��a��snc�inetig�'bility. Naml�dmg .
<br />--� ��,�-�.� t6e foeegoiaS.tt�is option may aot be exercised by Lender w�;ii,�ti�nava�ab�lity of iasuoance is soleIy due w ;.`
<br />�"�,.� �:--� l.ea�ter's faiiute w remic a mortg�g premi �g'• -
<br />- � 1?���'�;:�: a�berein.sta���Leader �
<br /> . ,,.::, .:..._...;. la enL ,B�rawerhas ri • . . . - . .
<br /> _ .__.. - . --.- -Re�nstafem - .-. - -.- - gh_t_-
<br /> , .. ....., to has P,aYment
<br /> ��mmediate ia fnll bequse
<br /> _ . _ _ �
<br /> : ,��.L;; ;';;�.; �'-, of Bormwer�s fa�ue w pay an amowut due itnder ihe�Naie or�is Secvrity� 'R»s nght appliQS e�r��r .
<br /> .�:��-.;,.:r� ;K .,�� fa�closure p:oceedings are instituted 'ib reInsraie dte Security Iasrwnent,Bna�shall tender in�It�► stt� aU .
<br /> . '��'Y.':.��:,' 'a :._,?:;; �; : amaunts�e�gui:ed to-6ring Barrower's acanunt cu�includ'n�g,m the�t they�±obligat�ans of Bouuw�r�titis
<br /> . :4n�°�'_�?w;.'}:`•�. �;���' '• Se�tuity lnstrumeak forectosure costs aad�anable and customary a�ys'fees aisd expenses F�P�Y ' with
<br /> �����`�:1 v, :`"f,V the forectasut�pmceed'u�g.Upon reiastatutnerss by Borrower.this Se�ui�Inst�ument and t�e aT9iiganons tt�ii sec�es .
<br />� ��.�,-,,. ;:;: ;� � , shall temain in et�ct as if I.ende�had uata��immediate payme�i iti.F,�I1. However,l.ender is not�prined to peimit _ __
<br />' -;3 �,� rein�sqseraent i� (i�Leader Fas a� +, tement after the ca�rement.of��mectosate prooeedings.withm cwo . -
<br /> � ���,i't��` yeais i9nmediate1y�secedia��o�seucement of a curient forectasut�pmcer�sri�, (ii) reuu�tatement wdl greclude -
<br />-•' ,'��s��i:�fr��j`"�'c: 'foreclos�tte an different g�uciads.�4ire fistiue.or(ui)reinstatemerit wit�:�versely ai�oct the priority of the IErn cieated by -- —
<br /> •`ry ' '�f:,. . •,' this Se+curi InsG�t�eai� � _
<br />- '`" , iL Bomucver Not Released; ��arance 6y l.ender Nat�Waiver.. ExtenYion of the tune of paymeat or ---_-
<br />=-?.�,`�• �.��"�f��. �:,..�
<br /> �odification of amoitirdtion of t�e sums�ed by this Securit�r Inswment granted by i.ender to�y saocessor w interest � _
<br /> ;''` � of Borrower shall not opetate w aelease dte liability of the;arigtnal Barrower or Borrower's snocessor m interest. Leader
<br />_ . • . � s b a ll�n o t b e r e q a i r e d t o c a m s n��p r o c e e d i n g s a g a u�s t a n�5uccessor in interest ar refuse to extend time fo:paymeat or � �r�
<br /> -.' . . otherwise modify amoiti7auan a�the sums secuzed I�y iius Security Instrument by ceason.of any demand made by die -'��`�'�'
<br />.�i2 .• � :��';."'�-��
<br /> .. � � , ori g i n a l 8 oirower or Borrowerk s ucoessu�s.e n i n t e r e s� A�f o r b e a r a n ce b y L e n d er in exercisin g an y ri g h t or iem e d y sha21 �''�''�"'�`
<br />�a�y� r... ..�'j.: .. , -: � . �,,;;i�=
<br />;+ • �� ��•; not be a waiver of or preclude tt�s eaerci.�+�fi'air�!rigfit or remody. ,,�:�__
<br /> att�;��;..;'�; '. ._',.,'.;'' 1Z. Suoeessors aad Assip�s Boaad;xafs�sim�Several Liabtizf�:Co-Signers. The cav�ints mid agreeiaents of �.;;=..---.--
<br />�=�' ;f,fp{ct� ,r , r . :.tpis Secwity Insuumeni shall bind and benefii tha s�sccessors and assig�of Ixnder and Borro�ver.�ubject w the provisions �"_ ��
<br /> - ;!�.,,�1'K�'jt�� � , , ��Paragrapl� 9.b. Barma��a�ovenanu and ag�+eements shall be jo�nt and seceis�, Any Bmsower who co-signs this +l �z
<br /> ; �r'„y�,y��;��+ c rt1�yr. . ." •�srity Insonunent but do�:ttflt execute the 1Vote: (a)is co-signing th'ss Security�te�-wment only ta mortgage.�ant and Tf�i,�;y�.�
<br /> � coavey that Bqamwer's intezcs1f in the Property under the terms of this Security Inswment;(b)is nat peisonally obligated to r�E�S"
<br /> `�s:'��' •�' "' ' ' .��•'.�;� � ' p a y t h e s u s a s•:�a�e d b y t h i s S e c u ri t y I n s t r u m e n t;a n d(c)a g Y e e s fl�a c C..c 3 i d e r a n d a n y o t h e r B o r r o w e r m a y a g r e e w exten d .'.•.«�:'--
<br /> ��' �-" •^ � •� - ' modify.fa��as make any accommodations with regard to the t����f this Security insmunent or the Note w�thout that ' ' _ '�=��°
<br /> '�,�`�"� . �osrower's carsen� .t,�.� },..n-
<br /> .::�„�--.�'�"_--_r ...
<br /> � ' 13. Nottces. Arry nolice to Botrower provided far in this Securiry Instrument shatl be given by deliveric�it or by
<br /> � ��,:v�'� meiling it by t'ust ctass mail unless applica6le law reqai�s use of another method. 'ttrc notice shall be dimci�i to the . ` •`r;;�;_
<br />. ,_;;9�:,; � ' Praperty AddM:ss or ar►�other address Bomuwer designates by notice to L.cnder. Any notice to Ixnder sjutI��l.+��ven by • • •
<br /> 1 , ;� fust class m:�t�d Lender's address stated herein or any address Le:ider designates by notice t�i Bua�u�r:' Rny notice �,���:��:�=•-'
<br /> • � prov�ded for i�t�^�iis Security Instrument shall be deemed to havc been given to Borrower or Lendcr ivhrr�a gve�as pmvided • '' ;`'�,:��?'-
<br />-- '' ' In this paragtaph . .,. : •.-.rr;a:,-
<br /> . ,.• _.
<br /> '.� ,f',, ', �. • 14. Governing Lars:Severa6ility. 74iis Security Instrument shalF be governecJ by FederaS�aa artd ttte(aw of the ;;� �: .� ��,:•' u•.�.'..
<br /> � '-.�`'"` ' �'� �n sdiction in whish the e �s located. In the event that an vision or es:�u:c:of tftis Sesuti Insuument or the 'ij�` '"'�' � '•'� ' ��
<br /> ..��. �P nY� Y Pro n' �t��:h+sf�,
<br /> � • ���:.'� Note cor�flicts with app(icahlr.law,sach conflici shall not affect other provisions r�fi�is SeCuritp.!lpst�n�ment or the Note � >�it.,•,- •. :
<br /> �,rt h
<br /> . �' which can bs�ven effect�ritAout the conflicting provision. 7b this erui the prorisions of this Sc�tir±�Instrument and the �''•":'�'� •
<br />_ �. ��� . �:�.,,.;�y '. •. , ..
<br /> . Note are der.�.�rai to be severable. � � .�
<br /> : ..��- � '�: 1S. IIc�uwQr's Copy. Borruwer sha11 be given om confortned cargy of this Sccurity Instrumenf. ' ` � � .
<br /> � 'c j F 1:,::,: �,� . . 16. A�..�i�ment of Be�ts. Botrower nnconditconalty assigns and transfers to Lender all the rents and re��xrues of the '.i�;i;'•:., . �
<br /> •�• �S;�: Pl�z�aeirty. I�q�sawer uushoriz�s L e n Qer or L e�der's a�ent�t o co l lect t he rents an d revenaes an d here b y di c�e c t s e:+c l r t i e n a n t o f ;{;•;�?,�:.! �
<br /> _ . .:..,y�;,�,:�.;. . . . �'; . ,
<br /> :�,.;fi;, t�Ptopeety us pay the tr�sis to Leader or Lender's agents. However,pdor to Lender's notice to Boaower of Btsttower�s �.y, .
<br /> =5�3� # • • .. 6m.ucti o8 any aovenant ar agreemem in the Security Instrument,Boiro�e•er shall coliert artd receive all rents and revenues of . .
<br />='�'� � .�' thee Projrecty�w�uszstee for the benefit of I.ender and Barrower. This a_�.signment of rents constitutes an absolute assignment � .
<br />�'{� �'•'' .'� aad not an asstgnmeat fur addi6onal securiry only. ,
<br /> �,' If Lertder gves nodce of breacb to Bomower. (a)a(I renu received by 8orrower shall be held by Boaower as Wstev
<br /> �Y' . for benefit o€Lender only,to be applied to the sums secured by the Securiry lnstrument:(b)Lender shall be entided to _�.. � .
<br /> cofiect mid receive atl of the renu of the Property:and(c)each teeant of the Prnpe�ty shall pay all rents due and unpaid to . � .
<br /> `.., ' ;" Lender or Lender's agent on Lender�s written demartd tv the tenant. •� � `' .'
<br /> -� • � ... Botrower has not eaecuted any priar assignment of the rents and has not and wiil not perform any 3ct ti�t wouid
<br /> . �,';- - prevent Lender from exetcising its rights under this Paragraph 16. :. .
<br /> � - , I.ea�der shall not be tequi:ed to enter apon.taIce conttvl of or maintain the Property 6efore or after giving notice of •
<br /> � breach to Borrower. However,Lender or a judic�ally ap�ointed receiver may da so at any time there is a bteach. My , . _ � �
<br /> -� � appllcatian of renis shall not cure or waive any default ot tnvalidate any other riF;f►t or remedy of Lender. 'iUis assigument •
<br /> of rents of the Ptoperty shaU terminate when the debt secured by the 5ecurity Instnunent is paid m full. �
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