• •U. � • g y � . . o;..�:.,r°}.ein� °``kii '�
<br /> - '- } is� �,�F Ii {� ' � .. - �-.I..::J'f/���:i�/�i:�j)� 1�;'f'.YI.
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<br /> . . .. .. 9��eca►�a�� � ��4� 1�7� - ,.
<br /> x.o��.
<br /> ' tho rrianthly p�ymentei,Nhich am referrod to ia� p�ngnph 2,nr chanIIe the amount oi such paymsnte. Any excsee�
<br /> .�,rocceda aver aa asnovnt requirad to Esa�y ell out�tandjn�indohtedae.�a under tho Nota nnd 4hiA 5ecurity Inc�trument shaU
<br /> be i�aid 4n the cntity legelly onttElod thar+�to.
<br /> � 8.Foea.I.endee m�y coltoct feen uad chsr�euthorIzad by tho So�retury.
<br /> 9.�rounds ior Asceleratioa oI Debt.
<br /> (�j D�ei�ult. Leader may, oicept as Iimited by ro�ul�dons ies�ed by the Secretuy in the caee of p�yment
<br /> def�ulis,require immediato paymeat lA fu11 of tll sums seeured by thts 5ecurity Instru�nent ii:
<br /> (i)Borrownr defeulte by idlin�to pay tn full any manthly pay�oiat required by tbia Sacudty Instrumetit
<br /> or t�n�r on the due date oi the noxt monthly peymeat,ar
<br /> iI)Borrower defaults by feiling,for a perIod ot thirty days�to peclorm any other obltgattona contained in
<br /> th�a Socurity Inserumen�
<br /> (b)Sale W[thout Credit Approv�l.I.rnder shefl.If ge�mitted by applicable law and with the prtor appcoval
<br /> of the Sxntery�requIm immediate psyment ir�full oi all sums secured by thie Seeurity Iaetruraent if:
<br /> (i)All or part of the Property,or a benoticiel latereat in e trust owning all or part oi the Property,ia eold or
<br /> otDierw�ea trensiernd(other thnn by devise or de�cent)by tha Barmwer,ead
<br /> (ii) Thts Property is not oecupled by the purchaset or gantce as his or her priacipsl residoACx, or the
<br /> purchaser or graatee does so occupy the Property but hie or her credit hae not been npproved ia ac�rdence
<br /> with tho roquirameats of the Sa.�retary.
<br /> (c) No W�iver.If circumstnnces occur that would permit Lestdet to require immedIate payment in full�but
<br /> I.eader does not require euch paymeats,L.eader does not waive its righte wtth respect to subsequent eventa
<br /> (d) ReEulittons oi IiLJD Secretary. In maay clrcumstences regulatioas issued by the Socntery wIll limit
<br /> Ixnder's righte in the case of payment deiaults to requite immedlate paymeat ia full aad foreclosa ii aot paid
<br /> Thie Security Instrument does not authorize axeleration or foreclosura if not perraitted by regulatiaps of the
<br /> f� ��
<br /> h � (e) Mort�ago Not Ineured Borrower agrees that ehould this Security Instrument and the Nota secured
<br /> �.,,�3''_"`�i - �� thereby aot be etigible for insurance under tha IVadonal Housiag Act wittun 60 days irom the date hereof,
<br /> �, , LeAder msy.at its opiiou and notwithsta�ding anythiag la paragraph 9.requira immediate payment ia ttUl of sU
<br /> „ '' sums securod by tttis Sacurity Iastrument.A written state:nent of aay suthorized ageat of the Socretary dated
<br /> '�'"� bseque�nt to 60 days from the data hereoi.declining to insura thia Security Instrument and the Note secured
<br /> .�-�,;.• �
<br /> at;..
<br /> ' , ..: �; thes+eby,s�aU be deemed coaclustve proof of such ineliglbilit,y.Notwithstanding tha foragoiag,ttris option may
<br /> ;� ;�'�'�!.,.,:, aot be esercised by Lender when thA unAVa�lebility ai insurs�nce is solely due to I.endor's failure to remit a _
<br /> ��', ,�'. ;,,.�. mortgege 3,nsuraace premium to the Secretary. �
<br /> .,�..
<br /> ��,FC:i•
<br /> . ;Jr:r�j�. �._ ,-.
<br /> �" 10. Rainatatement. Bonower has a right w be reiastated if Lender hea required immediate payment in full "'�
<br /> �y"-`w'` becausa o4 Borrower's failure to `"'�'-
<br /> pay ea amount due under the Note ur this Securiry Inetrument.This rIght applies even
<br /> '�r after forxlosure ptoceedittp sre instituted.To reInstato the Security Inatrument,Borrower shell tender ia a lucr►p sum ,,
<br /> �:�.�"�-'.�q�s,' sll amouats requirod to brIng BorroNer's account current includin�.to the extent thay ara obligations of Borrower ,. :
<br /> � Y�•-�}� uader this Security Instrument.foreclosure costs and reasonable tind customary attornays'teea snd expenses properly
<br /> associatod with tha foreclosw�a proceeding. Upon reinstatement by Hornower� thie Security Instrument and the .�{-
<br /> � ' �� .` �+ ` obligabons that tt secures shall ra:nain in effect es if Lender had not required immediate payment in full. Howaver� x- �_
<br /> ..�!�^^�'�� „� L.ender is aot required to permit reinstatement if:(i) Lender hes accepted reinstatement efter the commencesnent of ���
<br /> , �.:.�,.
<br /> "�� �,� "� iorcclosure ngs within two years immediately prece,ding the commencement of a curces�t forectosure `' ;_
<br /> ?',,�...;c,:; proceeding. ii)reiastatsm�nt will preciude foteclosure on different gounds in tha future�or (iii) reinstatement will �•.���
<br /> ��'''' " ;„ adversely affect the priority of the lien created by this Security Instrument. �'
<br /> fi.;..... ., xf
<br /> � •�`•'�" !1. Bntrower Not Iteleased; Forbeuance Sy Lender Not a Waivar. Extension of the time of payment or
<br /> :"���;:�: =:i modification of amortization of the sums secvred by this Security Instrument graated by Lender to any succ�or in
<br /> .�;`•.�"' � interest of Borrower shall not operata to release the Iiability of the origiaal Borrower or Barrower's successor in
<br /> � interest.I.ender shell not be required to commence proceedinge againat any successor in interest or refuse to extend
<br /> --r=F�� time Eor payment or othernise modify amortization of the sums secured by this SECUrity Instrumesit by reason of any
<br /> � ,�c.�,..
<br /> ,,,.��-��- demend made by the original Borrower or Borrower's successors in interest.Any forbearance by Lender in exentising
<br /> �'>=;�-;-��; " any rtght or reme�iy shall not be a aaiver of or preclude the exercise of any right or re�nedy.
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