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<br /> .._ .r,�_-��--�--.. �. . . _., � . .. .._ _. ,. ,• _ .. .. . ... ...: ... .. ,. .. __.-- - ._, ;n. -
<br /> _----- -- - ��� �,�6��`���
<br /> , %, ('ojz�rn�u:dloo�, '11�o prnr.rc�lv af:roy m�•ard ur�lai�n t'��r dam:i�;r�,direci or rattrcyurntial,in runnccNun wlth uny .
<br /> . . e�►ndenm:►Uu��u;�i1hc��t�il;i�it;ol iu�y piut+�t'Ihc I'ri�pctty.��r li�r ronvcynnrc in plu�:c ut'cundcmnnttun.►uc hcrchy n�yl tncd ,
<br /> . �md�.hnll t��ald tu IAitdcr tu s��a cxtciU ot'Ihr �ill��i»�•t►�►t.�f It��In.l�l,I���l►��yv thnt Rm:�iny unpnid u►�dcr tha Nutc nn��Ihiv
<br /> -..- . - ' 4ecueity lntitruut�nt. I_�nde�r�l�nU orply huch pn�ccid4 ta�h4 reducdun uf Q�c indehtrdnr,v und�r U�c Rntr nnJ thiv Secar+�y. _
<br /> - ---- (n�hUrne��, f1�� hti nny detinqurnt hmnuttn c� li�l isi th:�K�k►• �uu�[�kd io 1",ua�ntph 3. and thca to pmri�yi�►rut at .
<br /> .. __.: _� �ttiu�ipol. Any �pplic�,tiun u1' die j1i(t.`it.'i!9(El�1:� f+r►��ci�+:31 �hs!A n�►t �•xtend «r pnst�►�ne thF du4 �lmr. ul ttt� ��tnnthly � _
<br /> - - -- - -------- 1L�y�iunt>,wl►ich uro �a�l'cn-c:d tu in Pc�r:t;;rc�ph 2�ur ch.u��;c tha um��unt ot yuch{,uynicnts. Any ex�csv pnmcc�ir ��vcr un �
<br /> umuunt rcqi�ir.�l tr+ray nll out�t;indlug ind�hiccinc�v unitcr�tro Nutu n hn i i bc pai d m t hc cn ii iy itit;n f i y riii�t E�i t hc�t t i ti,
<br /> , ' .: H, Fh�. l.cndcr mny collcct fccs�md chw�gcv authuriicd hy�hr Scrrctury.
<br /> - '--- 9, l;rowndv[or A�relcrntlu»ot 11eb1,
<br /> - . . • � lw1 ikina0t, d.cn�tar may,cxcept str IimltcJ hy rci,ulnttun4 itisucd hy th�Sccrctnry in Uic cns�ut'pt�yment defnullr,
<br /> _ " ._.:l nuuiro i�rnncdiuh:pnyn►ci►t in full af ntl sumv s,,cmr d hy Ild�:Sccurl►y Instnimrnt iP: •
<br /> _.._ _ ._.-_- . (i)����ycr ttctiw�ty hy inil�ny tu puy i��'iuU.ii►y 1��1c}nit�ly p:�ytitent�t�ulria hy thia Rz•;�uriiy In,ar,u�cnt 4�rior - _ .
<br /> to ur an Ihc dt►c datc ni'thc nc�t ie�onlf�ly�Lrymau.ur
<br /> (iil f�un�u��•cr dcf��ult.r•by fnlling, ti,r i�����,d:,f�hirty dny::,to perfnnn�my ud�cr uhll�ntions cantoincd In thiy
<br /> Sccurit5�Imlrumcnt. :
<br /> (b)Sele�Vtthout Crcell!A��pmval, l.cndcr�hnll,if�rmlttcd by npplicnblu Inw nnd�vith tlic priar nppr�wnl nf thu
<br /> Scrrctury,re��uirc inimcdintc pnymcnt in iidl��f oll thc sumv�ccurcd by this Sccuri�y Intitrumc�n if: �
<br /> . (i)All or part of tho!'►npcny,or n h¢ncficlul intcrest in t�tnist u���ning nll ur p:ut��f thc Property, is sold or °,.
<br /> .. � � o�hr.��vitic traiitiFcrrcd(uthcr thim hy dcvi�e��r dcsccnU by tiic F3c�rrowcr,imd
<br /> � '` pi)Ti►c�'ropcny is not cx:cu��iccl by tho puirhn�cr or g�.uucc av hi�o�hcr principn)�c�icicnc�,or tho purchn,cr �,;Q
<br /> �',e �'
<br /> � or gra►ntce dacs �;a ��ccupy �he F'raperty h►u his un c�r credit hns not been nppraved in itccardanc�o �_,i_
<br /> • �•� with�he�:quircmcnts��f thc Sucrctnry.
<br /> (c)No�Vulvcr. If circumstanccs occur thnt�vaulcl I,xrmit I.cndce to i�cc�uirc iimnc�liuto p�yzncnt in fu11,but I.cndcr �-�
<br /> . '� a does nat m�uiro�;uch p�nymc�ris,1.4:nctce di�es not wa1V4`Il5�sIIIS WIIII R:S�/1;C1 I(�tiUhSCi'UCIII CVC(119. =-
<br /> � ' (d) RcgutAtk,n9 of HUU Srcrctacy. Gt nu�ny circ��m�tnncay m6ulatians issucd by thc Sccrctnry���1i1 linut I.cadcr's
<br />-� � _.=<,.� � rights, in dic cn.r-a af paymcnt dcfnul4a. to rc.quiro �mmcdiatc p��yment in fuU �uid tai�closc if nat p,dd. This
<br /> ` • Sccurily Instn�mcnt da:v not nuthari�cc acccicration ar fara:tosucc if not permittcd hy regulnttnns uf tho Secrctnry. �
<br />• � �- (e)1Wortfiefie Not Insurecl. 8��miwcr ngreev thnt.r•hos,ld thi�Sec��ri�y In�tn�ment nnd tho nate securul thereby nut �_
<br /> � bc cli�iblc fnr insurnncc imdcr�hc Nntiannl lioutiing Act�vlthin g mpryty�,q f'rom tlio
<br /> � ""+ '~ dato hci�cof,l..cncicr n1ny,at its aption lmd nohvlthstn!iding nnything in 1'nrnBraph 9.roquire immcdiatc pAymcnt in -_
<br /> - full of all hums Fccurccl by this Sccurity lostn�mcnt A writtct� titiitcmcnt of n��y nuthorizcd�gcnt of thc Secrc�nry __
<br />__`_Li4;,._' dntecl suhsr.yucnt to g ��� f'rom the dnte hercaf,cleclinin�tn insure this accurity __
<br /> �- �-t� lnstrument and thc noto scri�rcd tlicrchy, r:hnl!bo dccmcd canclusivc proof af such inclisibiliry. Notwithstnnding ,__
<br /> `='r����`� thc forc�aing.this ciptiun m»y nat bs�cxercised hy l.ender whcn thc uni►vnilability af insurancu is sulely due ta
<br /> ..t ,>
<br /> °�=i�'•-��� l.cndc�'ti foiluro co remit n mong�o lnsura�uo prcmlum to thc�Sccretnry.
<br />:���`.�__-��:::;:;�:
<br /> --- ��► °vt�,qt"°��f; Rp_q��rnr �nn n��aht�n 6e r�im ntrd[}'1��r hpg IrQUj('C(I II11IriGdlili0 p�ylfll'tlt�0 flill bCCAUSC OP
<br />_-�:T����',�� t3�rrawcr'A fniturc to pny nn nmaunt duo undcr thc Nutu or tttls Sccuriry instrumcnt. 'tlilr right applics cvcn nttcr fonecia��rc
<br /> -__;..�-,�,a� procccdingfl a�n insdtutcd. 'To rcinstat.:thc Sccurity lastcument.Llor�ower shn!1 tondcr in n lump sum uU nmoun4v rcyuir�d to
<br /> --�_°_----,_� bring Aorrawe�'F account cumnt including,to�he extent thr.y nro obligadany af Horrowcr under this Su.urlty lnstn�ment,
<br /> �ty��,i.�...�.�` �,� �nri ponc p,p61n n,r�d ���cin�rf.hN ul[[1tI1CV9� fcrs �d cxocnses AtO�Cily tISS9CI8IC(1 W��1 �1C fOfCCiQ.SUI'v
<br /> � �= proc:cutiii�A. U['iui► [cjitstuiem8iii by Bc�rrowe:.thi�Securit}�la4trurneat�iid th�obligeti!?ns �hat►t �eeunes �tw11��emsun in __.
<br /> �,��.� etYi:ct ns It'I.endcr hnd not rcquircd immcdiate pnyment in 1'iill. Hawevcr,Lendcr iy not�a�ui�cd ta permit reinst�tcm..nt ii:
<br />;.�3�-s, (i) l.endcn c�u ncccptecl reinstntemcnt aftcr the com�nencement af foreclosuib praccecNngs �vitfiin a�vo yc�lrw immecliutely
<br />..:;,�TQ:°._ v�--� "� pn;vecling Ihe commenceme�u af n cur�erit fvzeclosure praceeding, (ii) reinstatement will prcclude f�reelasurc an different
<br /> - groirods in tbc futurc. or(iii)rcinstntement will ndvcrticly nffcct�hc�t�riarity of ttto licn crci►tc�l by this Sccurity Imtn�ount.
<br /> -_°��`a�,�.�' tl. Itomawer Not RekaseA; ForbcAranco by T.enticr Not a Watvcr. Extcn�ion of the dmo �f pny�ncnt or
<br /> - •���,;_���e� modificadon of tunortizntian Uf the st+ms saured by tMs Sccurlt�Inst��ument grnnted by l.cndcr tu any successar m intcre��t
<br /> - of Barcawec ehnll not opernta to relenso the liability.�f the ari�,nal Aorraw�r or Borrawer's succ.:ssor in interest. l.ent9er
<br /> _ ��.;-�
<br /> -- shnll not be n�quired ta cammeneo pr�ceeclinge ngiunst uny suec�.sso�•in interest or��:fuse to extend tlmo for payment ar
<br /> --_---=_=� uthc:j�vl��:iiw�cllTy u�iuiiliuiti��u �P ihv +►ie�t3 sccur:,[i '�y thls Sect�rity Instrnnernt hy rensnn nf any deina��d mnde by the
<br />=-���� originnl llonqtver or llarrowcr'y succ�ssarn in int�rest. An��forbc��unncc by Lender in cxerc►sing noy dgt�t or rcmedy shnil �`
<br /> ------ not bc n wnivcr af or prcclude t!►a excrclsc of any right or rcmcci�r.
<br /> — 12. S��ccc.c.wre a�xl A�sig��v Itound�,IO�O�QIH�SOYCPAI L'�3Yblllly;Co•Slgnere. Tho cati�Cllilllt3 Al1Q AbCCCIfICfltq Qf 1h�9
<br /> — Security In�m�mcut�stiall btnd nnd t�enciit Ihe �uccessorF and :�ss�;ns of I.,encier and 8orin�ti�.r, sub ect to the p�avioiom of
<br /> - - - _= Paui�raph 9(b), itorrower's coven:�n2s and agr�:ments shnll be;,o�nt nnd severnl. Any potrower w�o cn-signs this Secudty
<br /> ° ° -� instrumcnt but clue9 not ekecutc tho YVoto: (o) is ca•Fi�nin�this Security InsGUment only ta mort n�c,grnnt n��d coaivcy that _
<br /> _ - Borrower'E interest i�i�he!'roperty undcr tho tcrms of tids ccurity Instrumcnt;(b)is not personnl�y abllgatcd to pny thc sums
<br /> "��"'�"� securecl hy this Sccurity lnstn�mcn�;s►nd(c)ngrecs thnt L.ensicr�nd nny ather Boimwer may a��!ee to�xtend,madiPy.fart►enr
<br /> y�.� or ��iakc nny nccomrnalntione wit`� .�c�ard to tho tcrrns af this Sccudty Intitrument uv thc IVOtO \VIt110Ut AtAt porrowcr's
<br /> _=a—.. .�s cunscn3.
<br /> ----�� 13. Notices. Any notice ta 8oreawcr provldccl far in this Security Instn�mcnt shnll ba given by delivcring it or ry
<br /> =--_-_�==�..:.� mnilln� it By fint clnss mail unloss n plicobla la�v rrquires uhc nf c►nother methc�d. 71ie notico shnll bo t3irceta�tl to tt�e �
<br /> ��:;�;,.r;:V�`=`r Propcny Address rn•any othcr address�anowcr designntes by notica to Lender. Any notice to Lcndcr shnll he given by �rst
<br /> clnss inafl to Lcnder's addres9 sutted hercin or nny address l.ender designntes by notice ta Borra�vcr. Any naticc prov�ciccl
<br /> . "•'�`;�ei�_ for in thla Sccurity Instn�mcnt ehnll be ctccmccl tn hnvo b�on given ta Harrowcr or I.ender whcn given as providcd in Qds
<br /> ���;.`T°":'.�+1, pnrabrnph.
<br /> _ _:�__-?;�r,,�,`, 14. Gaverning l.uwi SeverabiUty. 7'hia Sccurity Instrument shnll be governcd 6y Fcdcral lnw nnd tho Inw af the
<br /> -�_���:•�.; jurir,dictian in which the Property is locnted, In ths�event that any provision ar clnuse of this Securlty Instniment ar the Note
<br /> . -�"�r``"� confliets wlth nppNclt�1�law,such canflict shnll not uffect ather provictons of thia Security Insqument or the Note �vhich enn `_
<br /> __.....,:�� _
<br /> ,� : bc given effcct wi�hout thn ccmilicii�ig pi��vlyian. Ta tl►�; �nc!ih;, �v'sslons of ihi;S:uris; Insts�ssneni ans!th� Not�nr� _
<br /> ���-` � dcclnred to bo sove�Yiblo.
<br /> �`==���_; 15. �a�rowcr's Copy. Donowcr shnll bo�ivcn onc confnnned copy of this Sccurity instrumcnt.
<br /> ' 16. Assl�m�er�t of Yients. Aorra�ver uncanditinnnlly�istii bms iuid transfers to Lender��ll tho rents und revenues�f the
<br /> -- Piaperty, Aorrowcr�uthori•r.es l.ender or l.cixdcr's n,�;cnts to collcct thc rcnt�and��evcnues and hcreby dirccts cach tenlnt af __
<br /> -,<°�''�'� _ thc Propeny ta pny thc rentv to Lcnder nrl.cndcr's og�n�s. However, prior ta I.ender's natice tn Harrawcr of Harruwer's ___
<br /> j �•'� : brcfich of nny cavcnant or ngreement in tho 5ccurity Instrument,8arruwer shnll callat and rceeive nll rent�iuid revenues of
<br /> `,�r'• • the Froperty as trustee for thc hcncfit af L.ender nnd Borrower. 77iis ussigmnent of rcnts constitutes an i�bsalute ussignment
<br /> ,.• . imcl nc�t iin ci�sig�imcnt for uddiUonnl security anly.
<br /> !f Lcndcr��vcs nadcc c►f brcach to k�orrawcr: (n)nll rents rcccivcd by 13orrmvcr shiifl bc hcld by E3nrrowcr c�s trustco
<br /> far bencfit af[..ender only,to he i�pp8cd ta the sums �ecurcd by the Security Instrumcnt: (b) I.endct shi�ll be cntiticd to
<br /> • culleet�nd receive iQl of�he rents of thc; Propeny;nnd fe)wich tennnt of the Nraperty shaU p��y nll rents due and unpaid to
<br /> • . L.cndcr or l.cndcr's ngcnt on l.cndcr's written dcmund to the Icnnnt.
<br /> • Fiormwcr hny not exccuteci any prinr ussignmcnt of thc rcnts �►nd has not rnd will not perFonn �ny nct tt�at would
<br /> _ • prevent I.cr�dcr from excrcising its ri�hts undcr�his Paragraph iG.
<br /> "� " l.cndcr sh<<ll not he rcy�dral ta cntcr upan, tako control of or maintain thc Propcny hefarc or iiftcr giving nntico of
<br /> f � .x:___ 5»cach ro 4nrrnwcr. Nowcvc�, l.cndcr �r n Jud�cinlly cippointccl rcccivcr may dn tin i�t uny timc thcrc is a brci�ch. Any,
<br /> �•T',�'� • . upplicution of rentv tihnll nat c�reo or wnivu nny default or�nvnlicintc.my other ri�ht or rrmcdy of Lcndcr. Thi�nsslgmnc�u of
<br /> - " � rcnts of ihc Pruperty shnll tcm�inato when thc dcbt sccurccl by thc Security Instrumcnt ls paid in fuU.
<br /> (Pagc 3 r�f 4 pr�grs) '
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