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� .��: . � �� -_l- - - -,h.��_� _. - ,�:��:-..� . --��_L = - -- , , . ._�_-� ��-v . .� . . � — � -°- -- — . ... -• ,�,�s� �.�:.�s:��.-: ri� ---- _�.__...------J� _-__ ..-_:. .,.:�_�:;�:� .�� ' 9890�3 _ (�Borrower defeutta by fatiing w pay ln f�il any mantbtY W►Ymei►t re�iulred by thla SxurIty Instrument prlar to ur on - b ttio duo date of ths nent monttilY�Y��+a (i�Bo�rower deSauIta by feiling�for a period af thirty doys.to pafonn any othcr obUgatians cantained in thts Securlty Inslrument tID � (b)Safe Wtthout C�edif Appmval.Lendet ehall� 1t P�� bY BPA�Io !aw and with Uto prlor epproval of the � Seccrtary.raluins immodiau pqyment in full of all tho sums securod Iby thie Socurity Inat�umoat if: (i)All or Put of the Proputy.or a beneftcfal interest in a wst owning�il or part of tko Property.ia sold or otheiwlso�� uansfixred(otl�et thac►by cbvlae ar dexutt)by tba Bomower.aad w (ii)�ha Prop�esty is not oc�pted by t�e ptn�hr!er m grPntee a�his or her ptincipal resfdenco.or tbe pu�hasri or grantoo Q � does so axupy t6e A�opaty but his os her c�edlt fus c+ot been nppcoved in aocad9nce wlth tho requinxnettta of tho Socer�tary. (c)No Waiver.If circumsmnoes accur tf�at aouW pamill.ender to:oquim immedieta paymant in full.but Lu►der does uot requim cuch paymeats�LrAdu das aotwatve Eta righta wltb respectto subsequent cventa. (d)Re�ulattons d�itJD 8ecretnry.In t►�auy clrcwastanoes regtila�tions issued by tho Socretary wlll Wnit Lender's dghss in the ca�s of paymeut�fai�lts to ccquire immoAlate payma►t 1n fWl ead foreclosa if nat paid."fiis Securiry Ins�unent does _ uot authorl�e aa�adan or faeciosiu�e if not paniltte�by teguladons of tho 3ocretaq►. (e)Mort�e Not YnswYd.Banower eg�oes tLat sdo�ild thia Sacuriry Iaswment and tbe Note sa;u:ed tha�eby not ba eligtbh for ins�ance under tbe Nsulot�l Kouaing Act wlttda 60 days&qm tha date beraof.Ltadar may,at ita opDion and aotvvithstanding enyidi�tg In parngre�h 9.reqt�im immedlsta payment 3q fWl oY all snms secured by thia Security Insd�ument A wrltten�t of aay auihorized agent of the Secret�y dated subsequeat to 60 daya from the dase hersof�d�clining to � tltis Sac�uity Insinuneat and tUe Notn s�ecurod ditreby.shaU be da,�aed oonGlualve�oof of such inellgibility. Notwlthstandiag the forego�ng�d�is opdoU msy t�ot 6e execr�ed Dy L�uder wA�tha nnava�abiliry of insunusa ls solely dtee to L�eada's failum ro nanit a moYtgAga insucanoo pcaaium to tha Sa�etery. 10.Re�atatemen� Bonowa has a rlght to be mias�tod if Lendr.r hag required immadiate paymettt ia fiill because of _ Aarower's tallure to pay ea smount duo under tha Nou or this Securlty 1nst�umeat'tlyis right ayplk.v avia eRa forxbsum pcaexedinga ere las�dittod.To ninstate the Sacurity Inst�nmwt�Bo�rowa shall teuda in a lump sum all amuunts req�to brueg Bonower's a000unt cuareut inc�tding.tu tho e�tent they ate obligationa of Borrower uada tMs Sxtuity Instma�eat,foteclost�re ooste aad reasoaabb anQ custornary euo�ncYs' faes and eacpen.s�rs gioperty agsoclntad arit� the fareclosune pnoceeding. Upon c�tematt by Bo�rt�owtr.thia Secucity lasnnmeAt aad dt�obllga�ana that it soctms shall nxnain in effxt a9 if Latder t�d aot coquirod irnmodiate payment ia full. However. Leadu ic+ aot �equitod to pe:mit reinstateauat ff (� L.eader has eocepttd cdnsmtaneat afies tUe�t of fonclosure pmcaedinBs wlthin ta+o yea�s immodi�eiy P�eoe6in8 the c�cuneacement of a c�t facociosuia,pvnooc�yt,tit3�wfi2 yr�lutia f�au d�bsr�st grasusds 3a ttse f:sitae.su�f?r.�t airi advusely affect the prtority of the liea c[ested by this�udty Instaument 11.8osrowu Nat Hekaaedi ForDarana By Lender Not a Waiver. Bxta�sion of tha dnaa of paya�ent or madiHc�lOn of ama�a�On of the sums axured by this Seaui�y►Ias�unent granted by Leada oo eny s�woessor In intaest of BoROwa shal!not o�►m.to rele�e the tiebiHty of tbe orlginal Borrowu ar B�rower's sucassor Ia tnteres�Leader a1�aU not be roqnired to commaice pcecaedings againsc enY s�ooes.4or ia incenst or rei�se w wctend dme fa paymeat or otliawisa modify aa�o�tIon of the sums soctued by this Socaii�y Instrurtknt by reason of any demand a�ado hy the oi3ginal Boxowes or Bo�rowa'a s�oessos�s in int�st.Any fa�ebe�ranoe by Leudar in exercising a�►y dght or remedy shail not be a waiver of or pr�eclude tha�se of any ��a►'�Y• 12.Sa�a+�eors And Aes�s Boand3 JWnt and Sever�l Lt�bil[ti;CoSi�ners.'Che cova�ante and a�eemeata of d�is Securlty InssC�meat shall bind and 6eneHt ttte suooessats and asglgns of I.a�det ond Borrower.subject to the provLsions o�'paragraph 9.b. Bo�rowu's aava�aats aad eg�neAts sl�all be joi�t nnd saveral.Aay Hurower who oo-si�s this Security 1nst�umeat but does not ' eaecute the Ncxe: (e) Is oo-sigreiag Wia Securitv L�umaii omty to moctgaBa.�ant and eonvey tbat Bo�rowa's inxresc in the� Fia�paty uader the tams of tLis 5acurity InstrwAw►� (b)3s not pasoc�ally obliB��PaY t68 sums socunA by ti�is Saan�ity Insaume,n�and(c)ag�ee�tl�aat IraMa and any oWa�r Boimwe�msy agrea to e�ctend�modlfY.foibe:u or maYe any ecoommodetions with ra�d to tba�t,enns of tdLv Securiry L�strutnent a�the Nottce withoutthat Bon+uwa's canseat t9.Notioes Any notice to Bormw�er ptm�idod far in dd.4 SecurIty Instrumart shall be given by dative�ing it or by maWng it by &st ckes mafl unlrss appllcable law raquires usa of aua�har method.'!he nodca sdall ba directcd�o tho Prapaty Address a erry Wl�ar oddnss Boaowa destgnate9 by nodc�e co Leader.Aay not�ce to Laader shail bo gtvea by&et c3aas mail t�Lenda'a ad�+ess sramd hecr3n or any eddrass L+e�der desi�aus by noti�oe to Basrowa.Any eodce providod fa in this Secutity Iaswmeat shell be deemed m bave beea qivea to Boaowsr or Leatdtx when gtven ss providod in this paragraph. 14.�overaing Lttwi Severa6itlty. This Sean�ity Iaswment st�all be gove�aed by Federal iaw and Yhe law of the jucisdfcdon in whkh the Ptopaty i.v lacatfld.In dta eveat that sny pruv�sion or clause of this Soa�rIry Insaument or the Nore confl�with applicabb law,such omrflict ul�all not a�bct other provlsions of this Sacwtty Inswment or die Note whfch cffif be glvex►effect adthout the aonfltcdng provision.To thls and cho provisions of this SocurIty Inswment aad tt�a Nota ara declarad oo be seveeablo. IS.Bormwer's Copy. Bomuwer shall be gh►en ene confom��d oopy of diis Sa�nrlry InswmeaL 16.Asslp�ent of ltemta. Borrower uaoondidnnelty rssigns and tcensfera to I,endcr all rents end mveaues of the Propecty. BOmnwea authorizes t.atdet ot I.ender's egenta to enllect the renas end revames and hereby dtroc�s each tenant of tha Pcopaty to r..�L.r�n�..f awda��u 1 a�ulas'e manM llnniavsv ffr�Hf!tf I s1!lf��1l�a!�l11;l1p fA Al1f'f'frif7/tY!ff AOlKf9rPS�II�1t�Ch[If 9IIV�l1YCtl3Di ._ r�m.vro w. .p�.......-�..�.�.� or agreement in the S�curlty Iaswment�Bomoa►er shaf�ooliea and c�oelva ai!reats a�td reveaues of the�ag uu.gtoe for die ben�fit of Lender and Bomower.'It�is�ent of renta constitutes an absolute esslgnment and not an aat for acWiHonal securtry onty. if Lendag�tves notice of breach to Bosrower:(a)ell rents raceived by Boaower sl�sll be held by Bomower as trusoea for beneflt of I�der on�y�to ba epplled to the suma socot�ed by the Securlty k�s�n�en�(b)Leatder shall be entitled to oolloct and rxeive all of t�e rents of the Pcoputy:and(c)earfi t�eaant of tbe Propetty shall pay aU zenta due and nnpatd w Lender ar Leatder's egwtt on L+e��det's acitten deanand to tba tenaat Bore+�wcr has not a�cecuted any prtor t�slgnment of the reuts aad b3s not and wlll not peefmm any act that waulci prevent Leader from eucerclstng its cighta under this paragcepfi 16. Let�der sdall aoi boraquired to enter npon.tske conlml of or me�ntain the Aroperty befom or atlei giving notice of breach W Borcowu.Howavu.Lendrr or a Judtdally ap�ointed [eeeiver may elo sb at eny dme there is e breach.Mya�licadon of rea�b stwll not ctuo or waive any defsuit or invaltdato any othes right ar rcmedy of Lender.This ass�gnmer�t of rents at tha Propaty shaU taminate when the debt socured by the Serurity L�et�ument is paid in�'ull. � JBN70Q/LVdC11Q lozoel vtQ�ao►�