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<br /> 7. Conde�mt4tor�. 'ib pn�oeetis oF�a�aw�cd or claim for dama�es.di�tt or coflsequential.in c�nifect�on with eny
<br /> e
<br /> � ooudemnatiom or suher s�g of aay part df Frap�rty.ar for conveyanae m pL�o.of conQe�tioa.are�treyy assi
<br /> aud shail be paid tu Lea6er to tiic exo�at af ffie full am�nnt af the iadebt�aess tbat cesnains ung�d andec the Note Qiis
<br /> � Seauity Insa�imeaL Leadea shall app2y such pmaeds to the ceduction oF the indeb�dns�s uader th�Note urt�t�Ls Stxwrity ' ,
<br /> �s4�t,f�rst to aay,ddinqaeut emouab applieB iA the otder p�ovidad in Fcuagcph 3. uad ti�ea w ytaent af
<br /> priuciyal. Aay-appticattaa aY the p�moer.� to t�e princigal shz�l not ext�as3 or posqsoae ti� due date a£�t manthSy
<br /> � —� =-(�a�fj—..c�i�,-;.'�-�..-."s.°�••wt_3rs3�_ -�. _ rtu. n!F�.tMpf r�mnni�,�.Any-ex�s.arnac�dc 4?r�_s-�s----_� - _
<br /> �ouni��ti�pay sii outstandiag in tedce�s imder the Not�shall be paid w the entitY IegaIIY entitlea tIiaeto:
<br /> � Fe� 1'remdet tnay sol2ect fees and c�arges aut�uri�d by the Sernetary. • ��. ' ` �. ,
<br /> 9:G�iarAaeIIeraflon oTBeb�. ' -
<br /> . (a)DdanIt lender utay.txcept as timit�d by rEgWations issued by the�in the case of pay�nent Qefaults. •
<br /> req�uz imme�te�aym�t in full of�ll svms secured by this Se�ary Iasm�nt�f: ;
<br /> � (7 Boabarea defm�by fa�ing tn_pay�in fiill anq mantbIY PaY��tvital by tbis SecurIry Ins�vaient prior
<br /> . W oron t�e�e datrof the�xt mond�IY P,aY��•� i ` .
<br /> ('n'y Barrawer dsfa�lts by fa�ing,for a�Senod of th�rt}►daYs;:w pafarm aay other obligations soataiaed ia ttiis•
<br /> � InslrtrmeaL
<br /> �(b)S���+edit ApprovaL Lender shaa.if permitte�6y fe taw aad with ttle�iar appmval of the
<br /> Se�xdac�►,�e im�me�e PaYment in faII of aII d�e snms seau�ed�Ssruriry Insonm�ent if: _
<br /> � ' C3 Ail ar pa�a of thepmp�y,ar�b�e5sial inte�est in a tYUSt oarung sill or part of tbe Piaperty.is sold or
<br /> . atherwi,sc tr�sfased(oth�r_ t�an by devise ur d�cent)bY t9e Bosmwer.and ' ,
<br /> (u�'ITie Pmpetty is not occapied by thc pnrchast,�or�rantre as Lis or 6er priricipal c�oe.or the purchaut
<br /> ar g�aa2+ee daes so oocagy the Fmgsty but bis ar her �tit 6as not 6ecn appmxed in s000ndanoe
<br /> veiti�the ieqasemsnts of ths Seaetaryr.
<br /> (c)No Waiv� If circumstaaces.aocas diat wnWd�I�der to reguite im�liatt payment in f�11,but Ixnd;r .
<br /> da�nat ae�e sac� Leader daes not waiv$its rigi��ts wit�tes�Ct to sabsoquenttvents. '
<br /> o g
<br /> (d}�oi S�aq 1n many cir�amstances regai?ations tssaed bg ths Seenet�y w71 iiarit l�eade�'s
<br /> m the i�se of pay�mmt def�Its,toreq immodiatc t tn full aad fanciase.nf not paid. 'ihis
<br /> - ' �Ins�t does aot authmae a�xeieraslonreos fo�eclosare natlerm�d 6Y regutations of thc�S�ry.
<br /> (e)Mottgagt I�IInsassd. Bomower ag�»es that slwntd this Security Instivment aqA the noLe sa�d th�eby po3
<br /> be eT�gi32e far msvranoe ander the NatIonai 8ousing Act withm�. a nlCfttits fmm the
<br /> ' • • date h�o£Lcadcr may.at its opdon and notandistaadiag anyduag in Pazagragh 9.reqi�e ia�aediate PaY���
<br /> ' ful�of aII sums saa�re�l by t8is�ea�riry Inst�nm�t. A wriuea statement of asiy atit�azed�agent ofthe Se�y � •
<br /> . datetl snbsequeat tq , 811f0[Itits fram the date heteo�doclining to iasate this S�► ';�y;:::
<br /> Inshumeat tuab the n4te sewred thereby.ahall be deemed Conclns�ve pr4of Qf sacL iaeligib�ity. Nptaithst�ding . ,
<br /> ti��o:egoing,this op�aa rn�+�not be exencised by 1.eadcr when the pnavailab�ity af insora�ice is solely dae to . •
<br /> � . I�'s f�ue to remit a mortgage insurance gretniutn w th�8ecretary. . ' . .
<br /> 10 Rd"asta�eatenw Boirower bQS a ny�w be re'snstated if Lendca 6as ioquinod immedi�e� ayment in full borause of �
<br /> bi
<br /> Boir4wer's�'�ce ta pay an aaiount due ua�er thc Note ar this Sesurity Instramemt 'Il�is right a�.ies�ven aReJr fonclasvze
<br /> pt�� eeedings�e nnstituud To teinstate the Seauity Instsumen�.Barmwer shall teadk�in a Iump sum all ama�ats.�eqnbred to
<br /> . bsiag Bernuprd s eocouai cument iacIpdit�$,tt�the e��'they fue ob�igatiuns of•�anCOwer un�p'this 5ec�a�'T�tis�q�cn�
<br /> f�clas�e custs and rea5anable aad ruso� atta*�t.. s' fees�d c��aarty acsociated witD t��:�cxIasms
<br /> r mary�
<br /> _ ,i}'�on ren�nentby Baimwea,tLis�ty Instra�c�z+nd tAe'ob9igatians tfi�at it sociu�s sh,at�remaia it�
<br /> effea 3s" �Lad not rcxjai�ed hamcdiare paymeqt�.full. Havrc�:�r,Lenc�er is not roquired to pennit ninstatemeaf i� �
<br /> ;(?��;��P��statement after tt�e oommenoememt of�nnrcc_�,�e Pmctal'ulSs witLin t+wo ye�urs.�rnmediateiy .
<br /> :�e�LR�;�oamat�cemcat of a carrant foreclos�;. . g,(ri)�t w�l pnch�de foneclosw��c�n diffecent
<br /> �n-,�tsts�wr fuuue,or(in�n�nstatemeut wifl�adt yaffe�ct the prianty pf shc lien cnated by this S�%#i�T�strument
<br /> . ,.�'�3�:r#�op+uwer N'ot Rcinacd3 Forbarance by �.esder Not s Wstv�r.' 'Exte�sioa of thc �mC ,'��1`c.''�3'ment.or
<br /> 'mo1�I��ixlr�iri.rsf amoati7atiag of ahe sums�scured by tl�s Securit�+1ns:i�t grantec!by trender�eny successnr m interee�.
<br /> '�of Bflrcu�a,eC�,��hall Aot ope�ate to�Iease,�Ya liab�ity of the origmal 1�?�:oNer or Borrowej's s��'�ssor ia inf.s�cst. Lender.:. .� .
<br /> :.'.9�11 II04F1���1Y�lli1'Ed t0 COII1ifS0ACE t�]A$3�81nSta�ry SUC�T�111kfCSt B'l IC�l1SE t0�t1I�fOl QS t Ot�`'.:
<br /> ��.'.'FtI1C(WiSC od�fjr araottixation of��i5s sac�m.a1 by tlfiis Se�urity Inst�umerl L�y.Rasoa,af�sqY�deus�d�du _
<br /> '<,"origina!'Bomnwa or Ba�mowe�s success�xs in inx�st. ,Any forbearanae iry�in exetc3sing any right�or r�emedy sdall ,
<br /> not be a waiver of or piocludn tlte exercif�of any agflt or rtmeQy. �'>:,�.�� . � .
<br /> ' IZ $pooeaeo�and A�Ba��Ci�'doint�ad Severay IdahDity;CoStgne'e.•�he covcaants a�d ts af this.
<br /> ea �h
<br /> Sec�ity�aetr�raeat shaU biad aad bctzj:ti���che suoasxors and assi�ns of L.ender aad Borrawer+��bioct to��nvIsiuss of
<br /> P�a�rap[�,�3�1#_i;. Bormwer's covenants at� ts sGa11 be jomt and several.•Any Barrovrt�'wfia co-signs this Socuriry �
<br /> Iast���'�i�ctr,�r�ea�te the�;ot� fa is co-Si�nwg:,�is Secari:y tnstium�t oniy to graat aQxi caomvey t�t � .
<br /> ' ���:�Son�wa!s i�unst m�a 1�1�uperty under the t�eerms afc Uii�Sxurlty�Lisuumen�[b)r�9 t10i QetSOD obli ated w pay the�Yms .
<br /> lA19
<br /> " :���;.this���:�-�(s)s��-�s�'�.�r sr.d a..n;w.'�-��or�!��±n�y� net to t��!nc�,�dl€y-gcubes�-
<br /> �� or make aa� accommodnuons with•regard m the tCnms of tbis Sca�:.zty InsLUtri�nt crr the�ote arithont that Hairowe�s .
<br /> conset►t `�.� � �...:,, . . .. . .
<br /> � 13. Ntitiaea A»y natico tv 8ars�:yer vIded for in this Sec�urity Insnument a6all Ir.��-«en by detivttins it or Dy� ;:
<br /> � mailing it by first cLass mail�IessappIi 3e law aquims ase of another metbod. 7�te notice shall be d3ra.�ted ta tha ' � . .
<br /> PYopeny.Addnss ot any other addiess�B�muwer desigaaus hy naace to L�nder Any uoiia to Lender�tqll be given by fnst
<br /> ' ctass msi!to l�nd�s address statal•6eiein or�y nr�lctress Lender desigaates by notice to Borrower. Any nat�ce provlded '
<br /> : far m this Sxucity Instivmtnt shall be dcemed�,t��ttcsve bxn given to Bstmwer or l.ender when.given as�.wtded in this
<br /> - � -l�i. Gt�ernisg Liw;SevaaE�iidqi�'This Scc�ity Insuumrat shall 6e governed by'Acd�,�l law aar�.t�te law of th� ,
<br /> jurisdicxion Ip vdrich the Pioperty is Iautp'�. Ia the event that any lssrvision ar cIause of tWs Security InsW�nt or the Nate
<br /> oonfl�s with appkcabk law.such ooat{tc4 si�all aot a�f'�ct other p�sIons of this S�Iry Iasuament ar the Eiiir� whi�c�n
<br /> be� g�ven� effaq witttaut t#�co�nflicting pmvision. 'Cn���N.is end th.e provlsions af this Ssrurity Instcu�t�eat un�i:U� Note ace
<br /> dectated to be stverabt�.. . . � .
<br /> ' 15. Na:rawer's Cdpy. Bonower shall be given oae confarmed capy of dvs Secunry L�sWmsnL � �
<br /> 1� Ase�aeneni d Rent9. Bo�wer uncandittonatiy ass�gns snd transfers to Leaader e1S the t�ats asu3 revenues of th� ' -
<br /> Ptope�ty Bo:rower authorizes 3xader���Lende�'s egents to collect the teats attd revenues and he�elry d'uests eacb ttnr�t af
<br /> tDeYrope,�ty to pay the rents to.Lender or I.endei's ageats. However,prior to I.�nde�s notice to Borrower ofBolrowe�s .
<br /> � bcr,aeb of any a,vennnt ar agte�ment in the Seauiry Instrumenb$mc�wer s6aU colleci aaal rxeive all rents aad neveaues of . -
<br /> the Fropesty ag uustee far the benefit of Le�der aud Bmmwer. llus ussignment of rents constitutes an absolute assignment
<br /> and not an ossigument for additional security only.
<br /> If Lender gives natioe of breach to Hoirower. (a)�Il rents reoeived by Borrower shaU be heId by Borrower•as Wstee ,
<br /> � foi 6aiefit of Lender on1y,ou beapp]ied to t�e sums secnred by the Securiry Inswmenr.(b)Lender sUall 6e entitled to
<br /> collest and teceive sIi of the rent�of the Fiope�r.and(c)earh tenant of the Ihoperty shall pay afl reufs 8ue aa@ unpaid to
<br /> 1`nder or landd s egent on Leadd s written demasd to the tenant • � . �
<br /> 8or�wer has not ea�ecuted�any panr assignment of the rents and 6as aut and will not petform azry act tl�at would
<br /> prevent Ixnder from exercising its rigY►u uhder 8ils Fa:ag�raapb lb. � � .
<br /> �ender sfiall not be required to catcr vpan.mke onntcol of or mamtain the Progerty before or afte�giving natioe nf
<br /> . breach to Borrower However. Lender or a jud�ciaUy uppointed m,ceicer may do so at any rime there is a 6lrach. Anp
<br /> u�iy;lt-3ItWi bi Ytlti3�it:t���iitE CilizC>f iidlvE 8&ji tFiLiril�i Af Uii�Bjjt�e£v itnji '�;r��or���iy of i�eactia. '1`.,�'���at og _
<br /> , rents of the Ptoperty shall texmmate when the c'Q6S secumd by the Security Insuument is pa�.in fuU. '
<br /> (Page 3 of 4 pagtsl —
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