|
. -��r'"'.j . � -. .� i - ` { . �tb t '�"� . ' _...�, `_ `T : Y �7:i�^`' � T' ..:� �'�rr�.�_
<br /> •�_ ��t' , -� t"�"a .� +�H�. ;..-.e
<br /> , _� -- . y� ., . _. . •�.'. ' '.,�k,' '?�"i,�.uiL�'�'.''_�.7... 'uL ' '
<br /> � � �. �.s�. � �yF . � r,�•_c�i r, . .;�r..t,t f�.r,y�, �`i�'� -
<br /> _,4- , . .:� . ��.'�—.__
<br /> . . � _ , ' . ' . . � ����..`-��'r..��.-_
<br /> . ` ' `'�� ' . _' _______--
<br /> '�: - .O . . � . , . ` . . . __—_--___-____-
<br /> <.,". ��r•' t ..•c.r•�•�` • - . . .: _"
<br /> ,�; .. . • ��.�� �. � Aii or•part oi th� Pro�sQrtY.��r a,aenefl�taf interest,in a ous! atming aU or part of tho grapariy. 1�,ao'e or < ` �,-':`_---_---
<br /> r
<br />- . .. �. �_.•. . .• . . . . othecvdse trenatesre�{othe►than bll dev�a or deaQer+9)by the 8orcotver,and �, ` �-°-----
<br /> _ fi � . ' . `�' "�. .=----
<br /> (fij fie Ftap�r(y is rtot aecupied by the purcflascr ot qranteo as hf�er her prfndpat rest4ence,or the Rurehas�s or, � - -
<br /> 4 �`�,� � . • grartee dans so o,ceupy the RropertY� but hb os her aedt h� nat be��sp�arav�d tn ec�andrina wiih 4hm —_--
<br /> ` . . ' • .' �eQ�nenb ot tho L�ea�,ryt . . eni in fu9. �ui l.e�tdrr`� • �`— ---
<br /> . • . (C) No�W�tVO�: t!etrcumsL3nce3 ae�r ti�t+�acdd P,emsft Lend�to ce�tre f��0� -__-___—
<br /> � .�;�: ' : '�:� . does�ot rertvtre,suctr Payme►te.R.end�does aot waive tts rtghts wfth resDeat to subse�ueni ererts. ��� , .
<br /> R.
<br /> '�:.t . ' . 4� ae�utat�ans '04 Htlp Sacrata�y. aa r�ansr a�a�ns�n� �t�ns rssura oy trte secr�t�r vr� �c' � --
<br /> ,. • . . lenQeio d�ts. tn the easo of 0ayr�:ect d�Ab.to�qu`�e inmad�ta D�t � �e.��toreclese If rtat pat2'Sitils� . ___-----
<br /> . . geqtrtty InsUument dea9 not mrthor�ze accete�'attan ar fareciasuce H nat gemfitted bY�S�an3�!the 3ecreLvY. -
<br /> � l ' (e) Mortqags Not I�ssura�l. Borrower ag�ees tt►�shaatd thts Seeiutiy Instrumad end the P:ate secuted theseDy `.
<br /> _---.—:_�;,�:-- - not ba e7g�3te tar tresw�de uttder tito�tatla�tat 5�tcu�sg Ad w3iLa 9i+1�s+!!�_ ' 6am tha dsLe h�f� � _-- -
<br /> .. ` . .. t�nder may. at iks op�Jon end ao4with�tendfi9 anlM1t�►9'�q�9�h e. rer�iire Imn[Cdlate pa11��tn tuB of a3t sams� _--
<br /> `� � , setured bll ffiTs Secufity In�4urnent A wrSten s�tem�nt,ot�anyr eutharized agent ot the SeQeimy dated subse��st3� —
<br /> • . � to 90 davs tran+the d3te hereol deda�fig to insure Mis Se�r�/ In.sfimient and the tdote secured' .
<br /> • thereDY:sttafl be de�ne�eoncNSPre ptaof at such ineII�bfIIty. NotYl�thstanrBng tAe faregeing thts optien�SI nat 6e --
<br /> ... . �. � , ` exerci�ed bY Lender whe.n the unavaIIab�SIY at hssurenee is so[�y due to iendePs ta��'ura to rer�t a inoRgage lnsnrarn;a _
<br /> , � .. • premium to the�..°cnetary. . ' <
<br /> � - . , . � � 10 RBIR8t3te[Iten�Botrawgr has e dght to be reinstated H Lertder has required tmme�ate�1 it�tttY 6ecwse at .
<br /> ' Barra�Ner's ta�re to pay en emourt due und�the Nate ot thts Secu►ity h�sGumeat Thb dghi appEas e�re�►adser tared�sure
<br /> ` .. , .,',: proceed'mgs �e LzstituteQ.To�fnstate tha Seeurt'�y tnstrumertt. Boriower shaJ tend� in e purtp aum•a8 itammb resquked to <.
<br /> , � brtng Botrowds se�wtt atrertt Indud6tg. W tAe e�dent they are obag�ns af Bcrmwcr unde� Usis 8e�y!.6isttuTr�L
<br /> den
<br /> . . , � � � faredosuta oosts and �easonebta and eustamary ettomays' tees end expenses pmp�ty assodated Ml'dh the torectos�ue
<br /> •; ��•' ; pm�eedmg.Upon reU�statanent by Borrower,this Security tns�umad and the oLIIgaUpns th�it serures sh�i r+�tne;n In eBett es .
<br /> ' ` H Lrnd�r had not requked tmme�ata paymertt In ttil�Howe�er.Lend�Is'not re�Whed to permit teNsffiterna�t t� (�L�endes twti '
<br /> " • ' aeeepied ceTnsmiemem after the commeneemert of toreclosure proeee�rtgs wiUsin two years (m m e�n t e t Y p r e c e 8 n� the . -
<br /> . carmnr�cem�t of e current foreciosure proeeeding. M relnstatetner�t v�!predude(oroslosure an�a�t graunds(n the fuN�
<br /> ---------- - . � or(]ij refisffitement wiD adversell/affect the pHotity'of tha IIen�created bY thls Sewc�y(nstcumenL . .•. :.. . ..---
<br /> �`. - � 11.�onawer Not Reteased; Fot6earanae By Lender Not a Watvar.6aenston at the time ot pay►Rent or
<br /> :;y r mod�catlon ol emorthaUan o1 the sumo seaiced by this 3eaufty tnsWm�nt�aMed by L�d�►��►►Y suc�s�or N�St��st of � -
<br /> .. .�;. . .. .. . . � Bomaw�ahaD na!operata to retease the Gabffdy af the odglnal Bortower or�orrow�'a successor in int�G Le�der sAaA nat be �
<br /> . requtred to wmmence pmc�ngs e9afist enll successer tn trterest or tefuse to mQend ttme for�payment ar othewise'rrtfldly_ ��� _
<br /> � ' � � amaAi�tion of the sums secured by this Security (nstrument by reason of eml demand made by the origTnai BQrro�n►e►or • __
<br /> ' � . . ` Borrawet's suceessors in tnterest My forbearance by Lender In exerctsing seY dgtd or remedy shsU not ba a waNe of or �_
<br /> ' � : prechcde the exac�se of az►y dght or remedy. �===_
<br /> • ... _ _ �` ' 12. Successors and Assigns Bound; do3M and Several L3abllity; Co�Stgners The covs�ants end �:,,.�_
<br /> ' agreemenb ot this Seeurity fnstrumeM ehall bind end benEfrt ths saccessors and asslgns cf Lender and Borcower.subject ta the � "��
<br /> ` �,. ' pmvtsions of Paragraph 9.b.BorrowePs cavenants and agceemerrts shaD be joint and severa).MY Borrow�wlio�d�camey
<br /> � � Seeurfty InsdG-^�� but does not�cecute the Not� (a)ts co-sipning thts Seeudry insDVmer�t only to mortgage.�ant �
<br /> ` " � that Borrowers interest in the Property undar the terms ot this SecuritY Instrurt►enx N} is not p�sona4y obtlgated W pay ihe . '�;'f
<br /> ' '. . '� . „ .. sums sewred�y tAts Securiry Instrumer� and (c) a�ees tha! Lendv end any other Borrawer may agrea to eMer►d mody. � � ,�•;. . �i:
<br /> � � • � ' . torbear ar make any accommodaUons with regard to the tertns ot this Seamty tnswmertt or the Note wf'.hout that Borr+ow�s f.
<br /> , �. eonsertt. . " '' � : .-
<br /> „ ;�` � 13. NOd�°.3�►y notice to Boms�v't�rovided for tn this Securiry(css7umerst sAaO 6e given by d�IIvering R or By maDing lt ,_.� {.`
<br /> , . ' by ftrst class ma�'f�untess apDOeab�e taw rec,tiUes use of another method.'LFa noUce shail be directed to the Property Address or '�
<br /> �`� � . . � ar�y other addcess Bomowet desi�ates by nottce to Lender.My noUce ta Lender shaD be given by first dass maD to lendet's �-
<br /> . _ ,,,;; ' .
<br /> . •;;;:.,•�,,.: �idress siated herefi or any eddress Lender desi�at� by notice to Borrower. Any noUce provided tor (n this See�ily �' �����`+
<br /> ,. '�.,,• . •� 2�sstrumerrt shall be deemed�have 6een given to Borrower or Lender when glven as provided(n th is psragraD fi. . �'�'
<br /> �� _.s
<br /> � � . � . " 14..Gaa+arning L,aar, Severability. This Securfty tnstrument shaii be govemed bX Fed�t Iaw and the taw oi the
<br /> � r: �Yw,�"�aa�
<br /> � : . � judsdlcUon fi w'.1ich lhe Properly ts loca:ed. (n the event tfiat eny provisiAn or dausa ot th�Searrity ;nsWmer►t or the Note - :��__,
<br /> • ' , cortfticts witfi appttcable Iaw,suc!r caiftip shall not affeci other provistons o1 thfs 3ecurity Instrum2nt ot the Note which can be :: ��_���.i�__.--
<br /> �� � . ghren effect wfthout the contlicting provisfan.To this end the provisions oi thi�Securtty tr+�ument and tha IVote are dedared to ,.,:-�,,,��
<br /> � �` . be severabte. '�'- �`~�i�
<br /> ' ' � 15.BCT[O1Ne�'8 COpy.Bortower shafl6e gtven one conformed copy ot this Saay�ity Instrument •. � +
<br />.r 4� • � l_�-
<br /> - •� � `�J'4 � 16.AS'�+gt1m8t1t 01 Reltt9.8ortower uncandftloru3lly assi�s and transiers to Lender aU the rents and revenaes oi the •.�. . . _, '�
<br /> ��,.� .
<br /> ' •• Propefry.Bottower authorizes Lender or Lender's agents to coQect the rents and revenues end hereby directs eacfi tenant af the . �. �''
<br /> . , , � • �toperty to pay the rents to Lender or Lender's agen:s. Nowever, pdor to Lenders rcifc�to BoRawer o1 9orrower's breaeh ot ! . �� -f
<br /> � � .. �.�y covenam or ayeement in the 8ecudty Instium�t, =«v+er ehaD coUect and re�e aD rents end revenues ot the Property _
<br /> • j�. � � ' as trustee for the benefrt of Lender and Borrawer. 5�=�asst�ment oi rents constihltes an absolute essignment end not an '.,x _
<br /> . � ° �, asslgnment tc�add'Nonal sscuAry onty. ' r`.
<br /> ;.. ' �-
<br /> �.;, ' • If Lenda gtves notice of breacfi to F�awer. (a)z:l rents ceces��by Boaower shaD Oe hel���+Borrawer es trustee tor '
<br /> � . • • benefd of Lender ony,to �appded to the sums sec�..-�by the Se�_-.'.y(nstrumenx (b) Lender sh�i�e enUtled to coQeel end , ;L�.,, : , ;;,_
<br /> � � � �eeeNa all 01 the renb oi t°� Property: end (e) each t�.ant o1 t~n f�operty shell psy a0 cents due end unpald to lender or ,t,,-,•,: �
<br /> � �� • lender's egent on Lender's vrri2ten demand to tho tenent. f��'
<br /> � �;;.,'�•��� '
<br /> �;:,,�:;;._.
<br /> ` � Borrower has not executed erry prf3r assl�finent o!the rents erd Pr�not and w�l not perform any act that v�oLSd preuent , ;:: . . ;.?!�3:
<br /> • � �` � Lender trom�cerdsing tts dghts under tAis Paragraph 16. • �°��
<br /> _ :;:..� � . r�:;
<br /> � : �, Lender sha11 not be required to eMer upon,taica control of or main'taU�the Properiy betore or after giving rtoflce o16reach to f.. .:, ,-
<br /> < . 8orrower. However. Lendet or a judicially appoln2ed receiver may do so at any tlme there is a breach.My appll�on of rents � .,. •�
<br /> •' � �. ; � . shafl not cure er watve any defautt nr InvaQdate any other dght or remedy o1 Lender.This assi�ment of rents of the Property ' '•
<br /> _� � , � � ehafl terminate when the de01 secured by the Sacudly tnstrument is paid in tuil.
<br /> 17. Forecloau�e Procedure. If Lender requlres immediato paymer�t !n fup unQer Paragraph 9, ��
<br />� ��- � � Lender may tnvoke the power of sa4e and any other remedtes permitted by appitcable law � ;
<br />� : r � Lender shat! be etatitted 4o colloct ati expenses Incurred In pursuing tha remedios providad in • � � �' `
<br />-� � � �� • - -•,:.� thls paragraph 17. including, but �ot limited to, reasonabie a4tomays' tees arad costs of titte � :
<br /> �• � evidence. ..
<br /> • � . ,
<br /> , �� � ' �� ' . � !.
<br /> �. : �. . �
<br /> � .. '„. FSB13.LtAO(4144) Page 3 ot 4 .
<br /> ` „
<br /> ._.�_._7___. . � Y
<br /> - - ._. —_- ----- - �__�_�.-- �__—
<br /> .•,� ' . ' : - �s ( ` � . .
<br /> � ..�.�-.-,--+.-,....,-n_____..--- ---'----- -- ' �-- �.
<br />
|