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<br /> " .:� 'da:�a at t�i�mositt�^,►�symsr�wh�c�are ra��r�t!ta In Paa3graph 2.or t�ang�th��inaurt a�surfi payme�. AftY ` � ..�="k�` - -
<br /> - ,'�-�r,,M-�5.•' ` e♦x�ess prbc,,e�.e,,,d�{$�cwve�a�am�urd re����j���`to pay eli o�s+dEng U�ebied�s u�ier the Naie er�d thf9&s�ur� _ � b�� ; ---
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<br /> - � . a IFs�. �e�ier may ccttect tess end otsarges a�ttiar3aeif bjr the Secre�ry. - � - - � , ` t�:• u _
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<br /> -:.�4 �' � ' a.Gt�R¢t�ds tQr�a�t�rutt�tt o!IDYDg. , • X< , �u�s.�
<br /> -:,�� '�< �� (�)D�ttu& lender�y��xce�i�s Ilm4ted�gt re�st�ons Issu� the��t�tt+e case of payMe�rt defa�2s. �` -� �
<br /> , " -, °� , �t�re tmtnediaie pa�tm tn tW�t 8D sums sec�tred try�l9 Secw�dy! ni if: , trt � �` `,����. :
<br /> � � m�arrow�rdefa�ts byfa��ng4o pay t�tu:S ar►Y�a�h�g►P�Y�B���bY ttL�S Secur�rle�stnunem pricr ` � �rt ,� � =
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<br /> � -> , � t�cr an the due dade af 4�s amQ anor�Y paYmB�i.ar . . . -.
<br /> � �o�r defauits by faling.toy a pertod of thUry days.to pe�form any a4her ubtigattons cos�tain�d in M;� 4� 'y v e �- _
<br /> _ -_:�1 lif3�lRt'�°.Al. � ` `.- _ --
<br /> _ � ,; . @}Sata WW��33t�tt(?reslti App�+avaL L�rtder st�a11.if permRted by a�plt�de law ar�w�1h th�P�BPi�roval ot the �
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<br /> $ecretary.require tmmedtais paymurd 1n fidl cf atl the sums s�ured by thL�Saciuity tnstntmsrit�: �. �
<br /> � (�M or part of the PraQe�iy�or S beneflc�l trteres3 tn a m�st owning aii ar paR of the Property,is said or , r Y
<br /> - - att�nvtss transferred(c�erthan by devlse ar dess�}by tha BoRawer.and .
<br />° '. ',�`::;,..:;.�.;� (t�t'F�a FroPenY t�rtai aocuplad by the putchaser ar grantee as h l s or her p r[n r•t p a f res i den c e.a r t t�o - --
<br /> "=�. ` ". ��: '" �' pardRasai or graniee does�acc�fly the PropeRy 6ut his or har cte�t3t has rtot been app�cveaf in � - -. ;
<br /> . � � .. '.., accofd�nce wah me�aqutterrte�ss�the secretary. , , -
<br /> . ` • � (cI(�Q.Vlt�t[v�t.[f dremn.,�aes wccur t1�at wo�9d pem�t Lenderto require i m m e d t a te paymerR fn f�d l.b u t l,e n der :,� .
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<br /> _:t.. ` . does aot,r8quire such PaYmes►is..l.ertder does nat wafve tis d�Yr�it tespect ta su�saqttettt e�rer�. �': �.,;<� . , --
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<br /> . • Re�1l�tl�ts0lNllD&!'�Y.1tlmaflyCiTCWilM871t�9tB�ut�ItiotlsiS5tlQdliytl�BSBCtQteryVYD11Gz�litL9T�9YS ' . ':;}=i<<r�'':,.;- t._�s
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<br /> - � �igMs.�n the case of payment d e�a u f i s,to req u l ra imm e d t a te pa y m e a t In tu4f and taredase t9 aat�p�d Yhis SecurBy F " r' _ ' __
<br /> . Instreunent doe�nat atIIhorize act�ratic or fore�'as.�r�tf nc•penn�ted by reguiattons ef the�c�eta�►. � :_' ��. . . • •�-
<br /> ,. � ., t�is Se fnstntment and ihe�ate secured there6y nat �� `°«i -
<br /> (s Jltat�e NaR tns�d.Bomower agreesthat shauid curity <. . ... . .. .
<br />_- __ --�-;_� ba�3tg�atar tnsura�uralcr�hs N�ttcnaf Ho�singAsi+r�ithtn s a D A Y S iram fhe date hereaf. � .: �`;`+�: •: �_�,,._
<br /> � � Lender may,ai iis o�ion and etotwnhslandtng any4htng in Paeagrap9�9.requiw imm2dhie paymeht tn it�of ai# . ` � � - � .
<br /> _.. ._.h..... .-. sums secured by th�s Sec�irdy fnswmenL A wrRten s�telrser►T ef as�Y authorized agent af the Secretary daied .{;. .. .�•-- =�;,. '
<br /> - . s u 6 s e q u$�t o s o 0 A Y S irom tha daLe hereaf.dedWng to inaurethis Securiry lnstrument and the = _: ° 3 -
<br /> '.: . rtata secured thereby.sha11 be desmed con�iasive proef o4 sucti inelIgihi�ty.NoLw►thsianding t he forego i n�t h t s r �f',
<br /> , � �� . oqtton may rtai bs exercfsed Lry Lender when the unavaitabIliry of(nsurartce is sotely due to t�entfer's tailure to remft �, , `�• .�:��
<br /> , - - �E . , a mart�g�t�surartc�p�emi�untot!►a&ecretary. ava �+ "'r":',. '`
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<br /> . 1�.Ratn�tatemen� Borrawer has a righi to!�a re�i�1�der has reQuired i►mnediate paymertE fn f�tt l�use � � .�- f�:�°.��-„- ,
<br /> . � . of Borraw�Ps 1aDure to pay an amourn due under the Note or this Ser.urity Instriunerit Tf�s dSM aPF�ies ev2n�ter . � ;� i� .�
<br />-- - ' � �� {orectosure proceedings are Instnut2d.To retn�tate t1uR Sec�u�l Insiramem.Borrawer shailtender tn a(ump sum a11 �: . .
<br /> •. . . � araounts requlred to bri�g Borrowet's accaimt c�rreM tn�t�xlfrrg�to the e�dent they are oWigaiions of Bo[�aiwer under . .
<br /> �H � ;
<br /> � this Secur�y Instrumer�f a�C SoStts�.t�sis and�ease n a b ta a n d,cu s tor�+ary a u om e y s'fi e e s a n d e x R e r�s e s p r o p e d y , . �� , ;.
<br /> .. � ,� ��. '� • asso�fm�d wfth the faredasur¢(�r��ng.Upan reinsta�ms�tt by Bomawer.this Security Instr�amerti ar�the .;;,-� �
<br /> . ebiig�ians tf�at�t secures shatl r�[n in e f tect as i f 4 e n der h a d n o Y res�u i r e d i m m e d�t e p a y m e M[n f�l.H a w e Y a r+��� '., -.,..�'�� �
<br /> • • .. � lender Is not required to permft reinstatemaM tf:(�Lertder t�as accepted reinstatemer�afterthe cacrem�nc�m�tit.A�. ` . . � .;�
<br />_ � . . foreda4�ue proceedings witliln twa years immR�tiatety Preeedtng the commencement of a current 4+a�tcisur��,� �-�::�
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<br /> t� ��... . prnceedt��ii�reinstatemetn wfA prec;ipldefoiectosure on difterert ground�tn t�e fature.or(iii}reln�emsrR�r3�. � . • ;�..�, :
<br /> rec
<br /> � . � adversely aHsct the prtartty of th�tiea�created by thls Seciuity Instrument �.�� •. ;�� ;. .
<br /> � 11.Barower Nat RNes�ed;�orbearer�ce by Lentter Not a Watver. F�dens ion o f t he t ime o f payme r rt or s ' , .
<br /> _::.�'� ,.. ' .
<br /> ` � madiflcation oi amaRbablon of the s�tms secured bythis 8ecurity Instrument�e�f by l�nder to any successor in �°..,_ , , : �
<br />_ , Y; � Inte��st af Borrower shafl nni aperate to retease the liab�iry of the origina!Barrower or Borrower's saccessor in irtterest l��-�
<br /> ' � Lender st�!!not be requlred to oommence proce�dings sgainst ar�y successor in tnterest or refuse to eMend tlme for
<br /> b thts Secu Inswmert�t b reason of any demand � , ��. � =%'�
<br /> • . paymepi ar othenHise modity amort�ation of the sums aecured Y MY Y .� �
<br /> . ' '.;:i;;;' .' m�dg by.t�a odgtnal Botrower ar�orrowefs successors in tnieresK.My to�earance by Lendar tn�xercising arry dgM (,., ''''�
<br />=��� , � or remtaiiY.&hati nat be a watvera�bt predt[de the exercise of any rtght or remedy. � �
<br /> � .. . 12 Successors and Assiq�Bound:Jot�t and Sev�nl 1.lab�Ry:Co-Slgne�. Tfae cover�arrts and agreements of �
<br /> . . . . ' .,;. this Secur�y lnstrun►e�shall bind and benefit the sucr�ssors and asstgns W Lender and Borrawer,su6ject to the F .
<br /> _ � � �:, provlsions of Paragraph 9.b.Bomawer's covenaMS artd agreements sha11 be joint and several.My Borrawer who � . , .' �
<br /> . co-slgRS this Security Ins�rumeM but does not execute the Naie:(a)is ca-stgnirtg thisSer,urity Instrumert onty to � � .
<br /> . .: . ': mortg¢��,g�ar+t and comrey that @fl�ower's irtterest tn t he Frope R y u n der t he terms o f t h l s S e c u ri t y I n s t r v m ent;(b)is E . , ��. .
<br /> . . ,.. • nct Rcr::anatiy oWigated to pay the�sums secured by this Securiry lnstrumeM;and(c)agrees that Lender and any other E � ' .
<br /> _ . .. � . �mrra��r may agtee to ext�nd,mad�yl,forbear or make ar:y accammedauons with regard to the terms of this Security ; ,. � ,
<br /> - ?� � tns�ument or4he Notowwfthhoutthat Borrower's consenL i .
<br /> - � 13.Nolic�. My notice ta Borrower provl6ed for in thts Securlty Instrumern sha11 be glven by delivering it or by � � � .
<br /> _' maffUtfl it by first dass mafl uNe�appficable law requtres u�of another method.The natice shall be directed to the ; . .
<br />° Prc�Address or atry athar a:dtirass Borrawer designats�by notfce to Lender.A�notice to Lender shatl be given
<br />- �� : by f1�t dass map to LendePs ed�ress stated heretn or aml�dress Lender designaies by�attce to Bortower.Arry notice . � ,
<br /> . . provided for in this Secwiry tnstrumer�t�hail be deemedto have been glven to Bor[C�i.�2r or Lendervuhen glven as • • .
<br /> ; � . provided in this para�l� ° .
<br /> ,. • ` � . 14.Govem€t�q Law;Satranbili�y. This Sc�wity Instrumem shall be govemed by Federaf I��e�d the law ot the f . .
<br /> (urisdicttan in which the Property ts Ioc�ted.tn the eveM that arry provision or clauss of t�(s Securtty tns�umeM ar the i
<br /> : Nate co�ticts w�h app11c�hte Iaw.�tch coMiict shall not aReci other pravisions of thia 3e�utlty lnstrumern or the�+ate f ` � �
<br /> -� ' ` � which�be givan eHeoi wttt;aut:Iftr�car�flCiing pravislon.To thls end the provislons of this Security Instrumen4 ar�d the j �. �
<br />-� , ,�� •� �,�� � .� ;� . Note are deciared ta i�sever^�h��: � � � .
<br />"- : ' � 18.Borror�a:�R�y. Bc�e�ouver sha�9 tro gF�en one coitbrmed ccpy of this Security InsWmeM. � .
<br />�_; , . ,
<br /> ; � . .; ,; ;.��;. 16.Assignmertt ot Rertta. Borrower urtcandiNo»�IIy asstgns and t�fers to L�rrder el{the rents and revenues of ; � .
<br />-, . �� ,..,.l.•.:••.�, the Firo�¢erty.Borra�xer authwizie�.Lender or Lender's agents to collsct the renis artd�venues and hereby dtrects each :
<br /> � ae
<br /> ;��= tenamtat�th�PropertYto paytl�rentato Lender orl�nder'sageMS.Ftrn+vever,pflort�i.ender's no8ceto Bflrrower of �
<br />=`�' � Barrowet's breach af arry cav2r�tnt or agr�ement in the Securiry tnst�umetn.�arrower shafi coilect and recetve afl rertts � �
<br /> . � .' and ravenues of the Property as Wsiee tor the 6enefii!of Lender antt Borrawer.Th1s assignmerit of reMS�onsVtutes an ; . ;
<br /> � �� � . a6sot�e asslgnms�and not an asslgnmem icr addi�cnal security oNy. E� �
<br />-. � If Lender gives nottc4 a1 hreach to Borrmrrer.(a)a11 reMS received by Borrower shall be hetd tty Bom�wer as Wsiee ; •
<br /> � � • � tor benefitt of i�rafer oniy,to be appitod to the sums secated by the Se�urity tnsUUmst�t;(b)Lender shall be eritdied m � .
<br /> 0
<br />-" . . ' aeilect artd�ecetve all et the reritss ot the Froperty:and(c)each tenant of th�Property shaft pay elt reMS due and unpald l . � ,
<br />- tA L�nderor Lender's agem an t.er�dePs wr�ten demand to the tanant i. ��
<br /> � � . BarraY�er has nat exec�ded any prtor assignment of tha rerits and has not and vrill not perform any ac4 thai vrould � ,
<br /> ,� _ preverd l.�rgisr from exercising its rt�ts under this Paragrap�t6. ,
<br /> �. : • � , Lender shall net bo re�guired to enter upan.taice carrt�f a!or malntatr►the Proponyl before ar after giving nn3ice of !: _
<br />-:.�-�r_-�"-_ � -�
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