|
ii . . ., :� -r;Y�;}:��� .. __--
<br /> l��_' . . . • ,.�(� , .- -.__
<br /> Sf..
<br /> -___.- _ . �-_. _— ,-- - --
<br />__ _ _._ ""'_""_'_ "'._:.�.�..aa.�-_y..,.,......,�.«....t_, _- _ __. ___—_-_ .
<br /> • :�9�- sU44��
<br /> ti��m�thly P�Yment�. whiah Rt�n rePesfed 4o in p�ca�rapl� 2.or oi►aa�p tiio ah�o��t oi cuch�ap�neau�. y o�� � --
<br /> ���over en amount requiced to pry all outat�ndln�Indebtedna�e uader the Nqte a►d thim SaaudEy�Imerument stull
<br /> �e gaid ta the entity lexalty entitlad thereto.
<br /> 8.Fcea.I,endoa�may ca�lleat fees and ohergcs suthorIzed by the 9ecretaty.
<br /> 9.Orou�ds for A�col�tioa of Deb�
<br /> �a�I Deiault. L.eader may. eicept as limtted by regulatlone �ssued by tho Socrotary in the ceae ot psymeat
<br /> defaults�requira immediete paqment in full oi all eums seaund by this Security Inatrumenttf:
<br /> (i) Borrower dcfaulte by failing to pay tn full any monthly paymeat requind by thie Scaurlxy In�strumen�
<br /> Qdor to or oa the due dato of the aest monthly psymeat�or —
<br /> {ii)Bomower deiaulte by failtng,for a perIa!oi tl�trty days,to pertorm any other obligatious containod iu
<br /> this SecurIty Instcumeat. �-
<br /> (b)Sale Without Credit Approval.Lender ehall,it parmitted by appl�cable law aad with the prlor nppmval
<br /> of the 3ecretsrq.requtre{inmediate paymoat in full of all suma sxwed by this SxurItq Inswmeut ii:
<br /> (t)All or part oi the Property�or n beneficiel interest Ia a trust owning all or part of the Pmperty.is sold or
<br /> otherwIse translemed(othet thaa by deviee or descent)by tha Sorrower,ead
<br /> (ii) The Prmperty is aot occupied by the purchee�er or greatee as hie or her prIaaIpal stisidaux. or the
<br /> puraheser or gcaatrx does so occupy the Property but hie or her credit hes not bean approvcd ia accordance _
<br /> with the rcquirements af the Secteteryr.
<br /> (c) No W�Iver.If c3raueastence�a occur that would permit I.euder to require immediate paymaat in iu11�but
<br /> Lender does not require such payments,Lender does not waive its rights with raspeot to eabsequeat evenb. '---
<br /> (d) Regolatioas of�iLJD Secretuy. In many cIrcumetances re�gulattons�s�ucd by the Secrotary wlil limit
<br /> Leader's r�ghta ia the casa ot payment defaulta to require immcdiate payment ia full and foroalose ii aot paid.
<br /> This Securltq Inserument dces not authorize aa,eleratioA or forectosure if aot pennitted by regulstions oi the
<br /> Secrotery.
<br /> (e) Mort=ate Not Iasured. Borrower agree.s that ehould this Securlty Instrumeat aad the Note secutacl t
<br /> thereby aot be eligible for insureace under tha Nat�orul Hovsing Act wIthia 60 days fmm the date hereof. : =
<br /> Lender may.at iteoptima and aotwithstandiag eaything in paragraph 9.���im��a��y��,t ta twi ot�� �-
<br /> sums securod by thie Security Instrumen�A adtten statsmeat of any authorIzod ages�t oi the Socretery datx� ►
<br /> subsequent to 60 dsys irom the date hereof�daclIning to insure this Securlry Inetrumeat aud the Nota�securod r.:�_
<br /> tAereby,shaDl be deemed canclusIve prnoi oi such ineligIbility.Notwitt�etsadiag the foregoiag�thie optton msy
<br /> aot be exereined by Leteder whea the unavaitabil�ty oi insureuce ie solely 8ue w Leader's feilure to remit e .`-=
<br /> mortgsgo inanrerloa promtum to ttia Secrotary. � ��.
<br /> 10. Reiaetatomen� Borrowar has a right to be rcinstaud if Lender hes required immediete payrrtant in full �:='��
<br /> bacause of Borrower's fatlura to pay ea amount due vader the Note or thia Secudty Instrumen�This dght applies even ��-_
<br /> efter tnreclasuro proceedta�,s are insdtuted.To reinstats tha Security Instrument,Borrower sha11 tender in e lump eum -_
<br /> all amounts required to briag Borrower's axount curnent includiag, to the estent thay are obl�gations of Borrower _
<br /> uader this Security Inetromaa�forecloaura costa end reasonable and customary attorneys'fees and espenses proparly _
<br /> essocioted with the tonclosure procee�ling. Upon reinstatement by Bonower, thia Security Instrumeat and tho =
<br /> obiigattons thet tt securES si�alt remain In eifect es it Lander had not requI��ed immedIate payment in futl.Howevisr. {�:
<br /> Leader io aot required w permit reiastatement it: (i)Lender hes accepted rainstatement after the commaacxmeat of
<br /> forcclosure �roceedit� withia two yeare immediately p�iag the commencement of a currant foreclosure
<br /> procealit�g�(ii) reiastatement will precluda foreclosure on diiferent ge+ounds ia the future,or(iii) reinstatoment tv[l l
<br /> adversely atfeet the priariry of the lien created by thie Security Instrumeat.
<br /> 11. Bonower A1ot Rele,tsed; Forbearaace By Lender Not a Waiver. Bxtcnsion of the time oi payment or
<br /> modification of amortizetton of the eums seaured by thts Security Instrumant graated by I.endet to any sua�ssor i�n ,
<br /> interest o4 Dorrower shell not oparata to releasa the liability of the ori�daal $orr�owet or Borrower's euouessor in
<br /> intemst.Lendet shall not be required to commen�ptoccediaga againat any successor ia interest or retuse to eataad
<br /> time tor pay�nent or otherwise modify amortization of the sums secured by this Security Inetrument by reason of any
<br /> damaad made by tha original Borrower or Borrower•a suaessoxs in iaterest.Aay forbearance by Lender in eseraising
<br /> aay dght or ramedy ahall aot ba a waiver oi or preclude the exercise oi any right or re�►edy.
<br /> �4Rp11E)to��zi r.a.s o�e Iniclalc�� .
<br /> �� —
<br /> �
<br /> __ .- :_- � u �,.. _. . _- ._ _ -_ --_-- - . L ��T= -. ,h ,,t,... --°— ---_ — --�- -----�
<br /> ' "
<br /> `� - �, �"- '1���' .v.�..r • •.... '-n y, ..�..... . . . �._.:5.:� . � �)��fl' .. .)�`i
<br /> .• .-.- .i � �. • , .• `'�r�: r!_'`_ `�
<br />. . . , �1 '1// ., ., . .. . i,' �� _, p <) ' "`��.14'�A i .e:t:
<br />. .� .• , ' �• ` . . .`.w� . I
<br /> , e,;. f: , ,�'1;l,
<br /> , ., . •' .. •
<br /> � ° . . .. � � � . _ . . � . . �,�-.i,rY�•('' .••n � .Jn,•�:.
<br /> � �' .,. � o � .. � - _ ... , . ., .itMMG9�r.ti':. .'S ' . ..
<br /> ... .. ., .. ., „
<br />....'. ----'�-----..._ rc- ---.__..__.. ._..�. v .." - '. --- -�.---..._.._'^-'-- . - ..
<br /> • .� n ?t.�r F` �Y�#"�;� V „
<br />�`�.�` .�, ., , , .. . . .. . ;'��`'�,� ;�;•.�
<br /> r . • . � , _ �+�•�
<br /> , . •o� •� .
<br /> • „ � . �,. ., • , ,. � . ,
<br /> . �
<br /> .
<br /> ., „ . � .
<br /> . .
<br /> , '' �
<br />
|