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� ., _. -�: , __ _ _.— .�v�e -- _ - - - ...�.� � �,,4�„ ��la��U — pxynzKnty,wtdcl�ura ret�rrcd to in Narog�u►h Z�OY CIItU7$C lI1L'(pit!lUlll AY hlli�l�11yf11Ci11fl. Afly 01(�CS9(1iAC[iil9[IVCT UA YU - wmau»trcq utml ta pay all�wtatanding h�de ednas under tho Nuto und thix 5ccurity Instn�mtnt sfiap Ise paid to the entity lcgMily cntifled thcreto. 8, l��a. l,encter may eoflect fees�and chxrges authurized by tha Seeretury. 9. (ieauad�tor Accekn�tloe ot Debt. (al�aulA Lender may.sxcept as Itmitcd by regulndans issued by thc Secntnry in the case of paymem defeulte, -- J�-� cequire imm►ediwta piytnent in tUll of all eums securad by thiy Security Insuu��ent iL• �- - (i)Bmmwrr defa�lta by failing to piy tn fuU any monthly payment requi�ed by thie SCCUrIry Insuument prlor to or on�te due dau af the next mouthly Qayment,or (ii)Barmwer defaults by failing,for a pertod of thicty days,to perform iury other obligatlons cunWined in thia Security Insbumen�. (b)Sale Without Credlt Appmval. I.ender ahsill,If petmitted by appltcable!aw and wltd the ptior appnnvsil of the Sareiery�rcyt�3�+e immedtau payatent in fttll of Nl the sums serured by this Securiry InsfYUment if: �-- -_ - (i)AU or Qart of the Proper�y.or a beneflciai intenest in a tiust otiming all or part of the Propetty.is sald or = - - ottterwise d�aasfened totber th�by devise or descent)by the Borrower.and _ (ii)'Ilie Property is not c�ocugied by the purc baser�8 granthee asredic has not b�nresid mved in acpcordrmce s - or gcantee does sfl occupy the ProPertY PP — whh the r+�qnirennenta of iha Secretary- (e)No Walcer. If circwnstunces o�ur tt►at would permit Lender to require immediute puyment In full,but Lender - does aaLrequire suchpaytnente,Lender does noi waive Its rights with respect W subsequent events. _ _ (d)R latfons o�HUD Secnt�'Y In manY�inumsm�►�s re$ulations issue�by the Secretary wW limit I.enderis _ -- -_ ym dghts, the ease af payment defaults.ta cequ3ro immediate pa ent in fall snd foreclose tf not paid. 7t�is . � Security Instrument dces not authorize accelecat"son or foreclosure if not pemniued by regulations of the Sotcetury. - -- (e)MartgAge Not Iasured. Borrower agrees that should this Securiry Insuvment and the note secum�thereby not � be eli�ble for Insu�ance�u►dcr ��Iatlonel Housing Act withtn 8 morlths from the =- - date fieraof.Lender muy.at�ts oytlan and nahvithstanding anything in Paragraph 9,e+equir@ immedisite payment in full 4�f tal sums secwred by this Secwiry Tnsmiment A written statement of eny authorizc�agent of the Secnetnry -- ��.�,�,.�i dated subsequeau to 8 ��s from the date tnereof,declining to inswe this Secudty "- Inauument and th�note secured theteby,shatl be deemed conclusive proof of such ineligibility. Notwithstanding """""- ��xihr:��%�� -�: •-��1+�_- tho fotiegoing,this optian may aot be exerclsed by l.ender when the unavailabUity of insurance is solely duo to L.enderh failun to remit a mo:tgage insutac►ce premium to the Serr�tary. --- 10. Reinstatemen� a�crower hus s�:ight to be r+einstated if Lender has required immediate payment in full becuus� __ �:?�� of Banuwer's failure to p�ay aw azAaunt due under th�•11ote or this Security InstQUment Thls nght appiies even after __ ---�;::�,-=�— ' ff�rEClosure proceedings are instit�rted. 'lu reinstnte t�e Securicy tnstrumrnt. �uraowcx SI1�S i2ii�ii {ii d Iitiil� Sl�t 3I� �;;;;: r� arriounts mqwred to brIng Bom��vrs'$Account current includtng.w the extent they are obligations of Borrower nuider this ��14 Security Insiivment,foreclosure costs and Yeasonable and customury attomeys'fees and expenses pmperly associated with• _ the forxlos�ue proceedIng. Upon reinstaYament by So:rower.this Security lnsuument and the obligatlons that it secuma — � shall remain in effect as if Lenden c��d nott�equiced Immediate payment in full. However.Lender is not required topem�3t� � reInstetetnent if (i) Lender hsis accepted re[nsuuement after the commencement of foreclosute proceedings within two years;mmuiIntely pneceding the commencement of a current foreclosure prooeeding. (ii) retnstatement will pmcludo f�closun on different grounds in the future.or(iii)�+einstatement wiU adversely affect the priority of thc Uen crented by F�, this Secutity Instrument �:_ 11. Borrower Noi Released: Forbearance by l.cnder Not a Wafver. Extension of tho ttme of payment or �__m modificatlon of amortjzntton of the sums serured by this 5ecuriry Instrument gmn:ed by Lertder to any successor in Intat�est �_, of Botrower shall not operate to re lease t he lia b i l ity o f t he origi n W B o m o w e r o r B o r ro w e r�s s u c c e s s o r i n i n t e rc xt. Lender -- stut►1 not bereq uired to commence procexdinEs ngainst any successor in intece:ct or refur.e to eatend time for paymsnt or - otherwise rttodify nmortization of the sums secu�ed by th�s Security Insttument by reason of any demnnd mado by tho �':�'_ originul Borrower or Barrower�successoi's in i�►terest. Any forbepmrtce by[.ender in exercising any right or reme�y shull �'�� nat be a wniver of or prxlude the exercise of any right or remedy. � _ - 12. Suacessore aad Assigns Bound;Jdnt and 8everal Liabitlty;Co-Slgnern. The covenanu and ngreementa of '„- t h i s S e c u r i ty Instrument shail bind and benefit the surcessors urtd nssigns of L.ender und Bomower,sub}ect to the provisions �,;:-;� of Para�raph 9.b. Borrower� covenants artd ugmxments s h u l l b e jomt nn d seve r a l. A ny Borrower w h o e o-s i g n s t h i s ��: r� S¢curlty Instiwnent but does not execute the Note: (u)is casfgning this Security Insuument only to mortguge,gant and . convey tt�at Bomowerl�inte�est in the RopeAy und�er the terms of this Security Insuumenx(b)is not personally obligated to ,r:. pay the sums secured by this Security[nstrumen�and(c)agrees thai Lender and uny other Bomnwer mny ag�ec to eutend. modify.forbear or mnke uny accommodations with regard ta the terms of this Security Inswment or the IYote without thut - Bormwenc�onsenG - --_- 13. Notices. Any notice to Boimwer pmvided for in this Security Instrument shall t+e given by delivering it mr by • mailing it by fust class mail unless uppl(cable law�oquires use of another method. 'Ihe norice shall be dicected¢o the ' Prapaty Address or any other�dness Bomnwer desi�ates by nodce to Lender. Any nodce to Lertder shall be given by fust ctnss maii to Lender� add�ess stnted herein or ciny addtrss Lender designates by notice to Borrower. Any reaace . vid 'v to Borrower or L.ender when ven as rm ed h ve been en - p%fos in this Security TnstnuRent shap be dcemed co a � 8i P ; in Q 14.a('s�overning Lasv; SeverabUlty. This Security L►strum:rt shall be governed by F�edzral law and tho law of the junsdictian in arttich the Property is located. In the event that aay provision or clause of this Security Inswment or the • 1Vote oontlicas with�pplicable lnw. such conflict shall not uffect o2her provisions of this Serrrity Instnunent or thcs Note which pn be gi�en eff�t without the nomfltcting provision. 'Ii�rhis�d the provisions of this 5ecurity Instwnent nnd the Notc ac�dasia�d ro be severable. 1S. Botrower's Co�y Bormwer shull be given one confomted copy of this Security Insaument 16, A,�m�t of Itents, Bntrower uncondidonally s�ssigns urtd transfecs ro I.ender aU the�ents and nwenuos of the �,dC, Ptoperty. Bomower authorizzs Lender or Lender�agents to collect the rents And tevenues and hereby directs each tenant of • ihe Pcopetty ro pay the rents to I,ender or l.ender�agents. However.prior to Lxrcder�s notice to Borrowet of Ho�t+ower's _ bieush of uny oovenant or age2ment tn the Secuiity inswmen�Botrvwer shaq coltect and receive all ren�and�evenues of - _-�• �he pranertv ns tiustee(or ihe benefit of Lender and Bonotiver. This ossi�nneent of rents consritutes an nbsotut�assignment - and not an asstgnment for additional security oniy. - _.,' __ "�,a� [f Leader gives notioe of bmach W Burrower. (a)all rents received by Borrower shait be held by Bomower as trustce � - for benefit of Lender ou...sy.to be applied to the sums secured by the Security InsuuinenG (b)Lendcr shall 6o enaded to "N colIcct and�oeive all a�ci�e tents of the Property:and(.c)each tenant of the Propeaty sh3ll pay nll rents duo nnd unpatd to I.cadar or[.euder�agent�n Lendee�s written demand to the tenun� Bnrt+�wer has not exxuted any�^�i�r uss�t of the certs and ha5 not and will not petfoTm any nct th�t �vovld - prevent Le.�er fmm ex�icising its righss undcr s Fnr.�graph t6. � I.endez shaU trot be reqwr�ed to enter t►pon.talce wntml of or maintain the Property before or aRer g[ving nonce of ( 6reach to Borrower. Iiowever.Lender or a�udfcls�l�►appointed reteiver may do so nt any time there is a bmach. My '`=�, ap�flcation of�shnll not cure or wnive any defanit or ravalidate any other rtght or remedy of Lender. This assi�nment � of a+ents af the Hroperty sriaU cermtnat�when the debt s�cxu�d by the Security Instrument is paid in fult. _ � �� ,,, ,, , �yu�3�a��:► • . ��'-` `;�..�..s;,�:�. }�'��'�:�'�r 1�1 )