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<br /> ... „ p) A!I �r p�R oP t�o t'rc�c:�iY� til Q IS^.tivubMl Il-Il�::.al lil 0 ItUSI OutIL10 []II 01 (12�i 01 6it� Fi0�1:i/� f� C0.'� G1 �r.,�, _
<br /> ., ot7Cn•�f�a Gcn�t,:,;�d(oihcr 4h�c�by C;�(��a•r G;�e�at)by tP�a�orroe:;r,snd ��.y,�;� =
<br />-{ , (ii)The Propsrty l�not occupPad by th0 puroheser or prentsa aa his or hn+prinobal yd3ldence,ot tho purohReer ov - ° ;�ut�4;
<br /> prentao doos o0 occupy ths Proparty. Eut hl9 or Nor cradR hn� not he�n epproved In aGCOrdanca wflh ihe �, •�•�•'
<br /> y ° nquirarntnts atths Socrot�ry, r:,��w;N��'`,.""`�'------
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<br /> ; (C) MO WfIIYCf. If akcumetanCOS oCCUr ihal would pExmit lanc►sr to requtre Immediata DaYmont h fuB, tlut Londx ;°,�_
<br /> do�a not rs�ut�auoh p�ym�ntl.Lonci�r dasa not wtlw Ito ryhta wkh raspeat to eubsequmnt wenta. -:+-��:- -- -
<br /> � � (d) RepuN[ion� ef HIID �ecretary. m many orcumecancee n�urt�ns fstued by ths s.cr�.ry ww wnK .+``°��'�_`-�_--�
<br /> :, ��,:-::;.
<br /> �, � L�nd��riphu, in ths c�a� ol ptym�cit defauke, to roqutra Immed�t�paymwit in fuH and foractos�M not paid.This .;., �,^�
<br /> � � SaCUriry Inst�um�nt cloK net wthorix��calsntbn or torabauro M not permRted by repul�tlon� of tho 8�cntary. •:.,`;�j'��-r;4�:
<br /> (e) Mort�ape Not Indu�ed� Borrowor �prsos that should this Sacurky Inatrument and the Note saund th�nby . �. . = --
<br /> not b� pNpWM Ror ha�unnc� unde►th�N�tionql Mouaing Aot wiihin 180 trom the dato horw!. : ,, _�.:�;=;-
<br /> Lsnd:r may.i�t lttf a�stbn and notukAct.nd�p anythl�p !n pmpmph J, tcs�uUa lmrrt::d�to psym:,nt!n lu�e!eb sums . '•'a'--=- -
<br /> aocurod by th4 5rcur Inatmment. A writtan sut�nant ot an authoriaad e ent o4 the Secretary dated aubs �nt �' '��"'�'
<br /> MY Y 0 � ... ' •..,��=;;'�_
<br /> to 180 hom the date hareot, declhinp to hsure this Security Instrument and Ihe Nnte sscursd , �'�'�<-�=—
<br /> � � �-
<br /> theroby, ehQl be dsemad GonatusA�e praaf of euah Inetfplbilfiy. Notwkhstandhp the forepohp, this optbn may not b� , , " "' �=_-=
<br /> :�,..,� ,;�.r..
<br /> exarctsed by Lunder when the un�vnfiablliry ot hsurenca Is aotery due to Lendore taibre to remk a mong�gs hsurancs � � �� R`X;��:;_,�_
<br /> promium to th�Se►cretary. �•.:•� ,,�. :"..,.Y'�`��f���'-�`
<br /> 10. RE1118t8tBR1Et14 8orrowar h�z 6 ripht to be rehst4ted Y Lender hus reyuked hunedlate peyment In ful baCausY ot ' ". �:_��=-� �,
<br /> Corraw:�s faf�►ro to pay an cmount dua undar the ��ota or tht; v;.surity Mstrumam.1'hf� rqht cppl�� cv:n aftx lo�t�_uro �_�,:;;:;;,;._______�__
<br /> 4�u._ -_
<br /> prxaedhee aro hstRuted.To rehat8t� the Securky InsWment, Bortower shall tender In a lump sum a11 amounte requfred to " e��-�=�-°--
<br /> brin Bo�roNers aecount curtent (noludhQ, to lha extent the are obl tbns of Borrower undsr 4his &ocur InaWrnent, �-__�-
<br /> . Si Y � kY �' z'--�.. _
<br /> � (orecbsure costs and �easonable end customery ettomeys' tees end oxpenses properly essoclnt�d wkh th9 toreab3ure �:�"�';'?��I�,:
<br /> � proCeedhg.Upon reHatetement by Hortowxr, this&ecuriry Instrumant and the obligutbns that k a�CUres shaN remlh in e8�ct ee ^ _=
<br /> M Lender had not required Ynmetllete payment In NIl. However, Lender M not requlrod to permk retnstetement H: (�L6�idAr h88 -�'+�—.a-�;/'�"`-
<br /> •• nccepted rehst�tement efter tho Camr+�encament o} torecbaure proceodinps wfthin two yous Immedlatoy prec�dinq the "`��
<br /> commencertux�t of a currenl forecbsure procoedinp, (Iq rotnstatement wfll precbde forecbsure on diflerent prounds h the future, �, '"��"''
<br /> nr pii)rehstatement wil edversety attect the prbrity of the !'�n created by this Securky InsWment. ����;=;,�_
<br /> S1. Borrower Not Released;Forbearance By Lender f��t s Weiver. Extenston ot the tlme ot pAyment or ° �:;�_:�:_
<br /> , moditicatbn of amonlretion of the sums 6ecured by thls Securky InsWment granted by Lender to eny suCCessor h hterost ot I �
<br /> Borrower shall not operate to �elease the li�bility of the ortginai Bortower or Bortowers successor in InteresA Lender shaN not bs !I ar
<br /> ----� - - -- --- °�- re ied To commer�ce rocead'n � a aeiai an euccassor n niareai or iuiu8u i0 ifaieniu'iiiro i0i o�Ti"v��i iri�i��'w.�tF"ao�T�'v3w �`�'"����-
<br /> w p fl 9 r w r � ,�. ,��<.=.
<br /> , nmortlmtbn of the eums secured by thfs Securky Inatrument by reason of any demand mado by tha orqhal BortowM or ;:.:-:�'
<br /> Borrower's sucCessore In hterest. My forbearflnce by Lender h etierClsing any right or remedy shall not be a walver o} or � _ _
<br /> preclude the exerotse of any►ight or rernedy. �' �
<br /> � 12. Succ�ssors end Aa�signa Dound; Join4 and Severel LIabQlty; Co-Signera. rne covenanb and � �l .,�
<br /> agreemants of this Securdy In3tn,ment shall bind end benefit the ouccesaors and assfgns ot Lender and Bortower,eub}ect to the sG;�� —
<br /> provlsbns ot Parepreph 9.b. Boreowers covenan�s and ayreements shatl bo Jolnt nnd several. My Borrowar who casqns thts �+: ' �".�,_
<br /> Security Inswment but doe9 not execute the Note; (e)Is co•Slgnhg this SBCUrity Instrumenq onty to mortgape,prent and canvey • "�' ��' —_
<br /> thnt Borrawer's Interest h Ihe Propedy under the terms of thls Security Inst�vmont; (b) Is not pe►sonaly oblipated to pay the �"� � --.
<br /> cums securad by thl9 Socurity Instrumenh, nnd (c) ugrec3s that Lander nnd any other Borcower mey Qyree to extend, modify, '�`�j. ° ---
<br /> forboar or make any ecoommodetbne with repard to the tertns oi this Security Instrument or the Note wRhout that Borrower's .•;����'.y�� �-,T:
<br /> consent. ' • � '.
<br /> -:+� -
<br /> 13. Notice. My notf�e to Bortower provided for h this Security Instrument shell be piven by delMerYip R or by mailiny k •r•.`; ,��,�;:,••-- -
<br /> by fir8t class meil unless epplbable Iflw requkos uso of nnothor method.The not�e shall be dlrected to the Froperly Address or � • '�%�.!��
<br /> any other eddress Bortower deslgnates by not�e to Lendor. My notice to Lender shall be gtvon by first cless mall to Lenders , � %;,, �--
<br /> nddresa state� herein or eny address lsrtder dssqnates by not�Ce to Bortower. My no:�e prov{ded lor in lhis SecurHy '°� '?�" _
<br /> � Inatrument shall be deemad to heve been 8hren to Bortower or Lender when gNen es providad h thts paraqreph. , ��i
<br /> I 14. Governing Lew; Sev¢rebtl(ty. This Socurity Instrument shall be povemed by Foderal 14w end tho I�w oi the 1���- ,
<br /> Jurisdbtbn in whfch the Property (s bceted. In the event that any provislon or clause of thts Security InsWment or the Note . ;��r
<br /> confibts wkh appl{cab�e law, such conflict shall not aHect other provlsians of thls Socuriry Inatrument or tho Note whbh can be � .. .
<br /> glven eifect without thD conilfcting provisbn.To thls and the provislons of this SeCUrity Instrument and the Note ere deCtared to I ..;!R ���_'
<br /> bo sovernbb. . i5''•
<br /> 16. Borrower's Copy.Bortower shall be gNen one contortned copy ot this SeCUrlty InsWmont. �' � I
<br /> 16. Assignment of Rents.Borrower unconditlonaly t�ssigns and transfers to Lender all the rents and �evenues of tha ,.
<br /> Property. Borcower eulhorizes Lendor or Londers egent6 to coilect the rentc nnd revanues and hereby dPects oach tenant ot tho � " �
<br /> Property to pay the rents to Londor or Londer's agents. Howover, prlor Fo Landors not(ce to Borroxror ot Bormwer's breach of •`y
<br /> �• eny covonent or agreement In the Secur�y Instrument,Bortnwer shull collect and receNe all rents and revenues of the Property
<br /> ns Wstoe for tho 6anetit of Lender ttnd Borrowor. Thls nssfgnmont of rents constkutes an absobte ass�pnmenl and not an
<br /> assl�nmont tor edditfonal security only. !��
<br /> If Lendtarr gHas notfce of breach to Borrower. (a)ell rents recelved by Borcower shall bo hold by Bortowor ss Wstae tor ;;��;
<br /> bonsfit of Londer onry,to be applied to the sums secu�od by tho Security Instrument; (b)Lender shatl be entklad to caliect and
<br /> roCOive ali of the rents of the Proporty: and (c)oach te�nnt of the Property Shali pay all rents due xnd unpatd to Lender ov .
<br /> � Lenders agent on Londors written demand to tho tenant.
<br /> „ Bortower haa �ot exocuted nny prior assignment of the rents and hes not and witl not perlorm any B�Ct thtit woutd prevont
<br /> Lender hom exercfsinA Its rights under thls Parepreph i6. i =�' i
<br /> . . ... ._. ...---_..�-•--- ---..__..�---�'---...�_�� �---------��2_
<br /> -- --- . . . _ . .
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<br /> -- _:_ _ _. ._. �g�aer snan nv[oa requwed[o entar upon,ia�ca cuniroi o�or mnocnn ino r�vprni�w��w v� a.�m d...y��..a.w....nw..�.... -
<br /> - - -._._.... .---;a--- .,
<br /> Bortower. Howsver. Lender or a Judiclalty nppofnted receNer mey do so at any ttme thore Is e breach. Any appl�atbn ot rents ' �
<br /> shnll not curo or wake ony defa�tt or invalidato any other right or romedy ol Lender.Thls ttssfpnment of rents of the Property � r
<br /> � shall tertnhato when tha deDt socured by the Security Instrumont IS puld In full. r
<br /> 97. Foreciosure Procec9ure. If Lender requtees Immedlate pAyment tn tull under Parngraph 9. ; ;�
<br /> � Lenaier mey Invoke the pawer of eate and any other remedfeo permitted by eppliceble law. � •
<br /> Lende� shall Ibe entfiled ta coltect oll expensee tncurred In pur�utng the remedlee provided tn •
<br /> � , this peragreph 17, Including, but not Nmitcd to, reasonable attorneys' f��8 and costs of title
<br /> e,vtdenco. .
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