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<br /> �°; ' �A` 7. CondPmnattoa. 'IDe prooeedy of en award ar c1a�for daznages.d�ect or consequeatial.in conaecoion arith any < .� ��, w ��'�,�� •-
<br /> �, _4 ` • oond�on or other ta�ing of aay pazt of�Pcogaty.or for oom�n oe in plsce of oondemnation,are he�eby ass�� � s� . �� ;a, �
<br /> , � :, "��-� and shaIt be Qaid to It�der to the exteat of the fail amou4t of the iadebted�ness that�emaias napaid und�the Notc sndd�is �' ?. }q_
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<br /> P� � s�; Secucity In�t I�des shaII appi}r sach pFnaaeds to dte�dnctian of the indebtedness under the Note and d�is Securiry -
<br /> � i y., ,a i}�_ v.a .. �`_
<br /> �- ���•. In�t,fust w any.deliaquent amouats apgtied in the order prnvidsd in Pacagaph 3. and then ta prepaytaent of � l� 4
<br /> ` _ principaL A�r appficauon of thep� �o the piincipal shall not ea�und or postpone the due date of the monthiy _ � ��.f
<br /> � ~�� payments,whcch are r�emed to in F'a�e b�n2.or change the amownt of s�ccb payraents. A a y excesc pmceeds over an ; ,`.:
<br /> ,c�'' s' .:, 3m0U�lt Y e Q i ti�+e d topay 8 t t Q u t s t 2 II d i Dg m d ess ua da t�e I�ote s 6 a II i x p a i d ta t�enthy l e g a uy ea a@ e d t h e�e t n. -� �= �_
<br /> �- i �. Fees. l e n d e�may co}I e�fees�d�g�s a u t h o r i�d by t h e Sec�etany. ,, � �4,` :
<br /> der
<br /> � -� 9 Gmuuds fos Aooeie�atbon of Qeb� 4 �- �
<br /> ' • � �• Ee)D� Lendea may.exoept as�by regul�ions i�ed by the Secretary in the c�se of paymatt default4. � �,; t f�`a�-
<br /> ` �` req�e�aoe a m fiili of aIt sums s�by this Seauiry Inshament tF ��_ � °`
<br /> L' ff� �. ��by $ P�► �Y t�ndtiY P8Y��bY
<br /> � � �?`. , ' (�Barrawer � to m fnli tIris Serauity Inst�nment prior ; ,; � :r
<br /> , �� .�` � tn or on fhe dae da�of ihe next mon �
<br /> t,oi 4 . �`
<br /> ("ri)Borra'w,���rdef,,a�u-lts by fa�lin$,for a�iad o thatY daYs,m perform any othei obligations oontained m tLis � `'' "
<br /> � E' �-+V�C �4'� . S �ty 7lU4�i{[lG�f� �5l�, �'a Y
<br /> y �� (b)Ssig�WfWo�t CeeNi ApiteuveL Lender sha11.if p�ted by�p�cable law and with the prior appmval of the �r � - z -
<br /> ' � �? S�q.reqaue immedta�e payment in fnil of all tlt�sums secared by th�s Seauity Iustrarnent� . .:� � _
<br /> r' }"��s 4°y�r- (�I�ri os pa�c ef sh:Prup�ty.or a b�e 6 c i a 1 intetrst iu a aiut owning a t l or pa�t o f t h e P r a p e n y,is sa t d or .� ' �.-+' �
<br /> Y �� •a oth�wise t�ansferted(od►er- than by davise or dc5c�t)by the Bomnwer.and • `�,. :` ` w��`,.,-
<br /> r � r Y: (7'11�e Pmperty is not oocupied by the pu�or grantee as his or her pr[acipal resideao�or the p�er � � ;�,_-
<br /> � , �; or graatee daes so occapy the Property bat �is or her credit 6as aot bee�n approved ia aa:ardance � : j . `
<br /> r � i �x; witb the�of the � � � ' � �:�
<br /> � (�No�etver. If c�aces�wontd 't Lea�de�w require immediare payment in fa4.bnt Leader -
<br /> 5 `: dees imt�wre such��p ts.Lend�does not w e its rights with respect to sabsequent evenis. :` ; r# F � ';.
<br /> � `: (�g�ttons aY HUlyA S��ey. Iu many cb�umstances regalations issaed by the Sec�et�y av7l li�ait Leadd s � �, ,� � `
<br /> � � .� z i g h t s,�n t h e cas e of p a y m e n t d e f a n i t s.to r e guue�ate p a�t in full aad fosec2ose if aot p a id. 7bis .� : , � -
<br /> "� ` Sec�ity Insavm�t does not�t horize acce l e�a uon or foiec losaQe' aot�by re g u l a t ions of t he 3 e a z�y►. � � ` ?��
<br /> ��,: ,
<br /> �` `, „�.,�.�. `, (e)Mmi�ge Nut In�ed. Boauwear agees that shm�td this Sec�trity�t aad the ttote aecvted theceby not " ? `�Y -, _E�-
<br /> '{ f ' ' �- � be etigi'ble for iasaranoe uades the Narional Housiag Act widiin 8 m�nths fmm the t :• �,�
<br /> a ; �� date�eseo�Lcader may,at its option and nntariths�d�nS�Y�g��g+��PaY�� < � � '"'�' �`
<br /> ; � . . et. ,-
<br /> fali of eq s�uns s�fsy th�S�Stg�ment A c�i�smtement of any a�ha�d agent og the Sec�ry � r ��,
<br /> , a�� . dated sqbsegneat to 8 munths fivm the dete h�eo�dect6�ng to insQre Wis Seca�tity � - ��:���
<br /> - Insh�t and fhe note secured thereby,ahall be deemed conciasive pmof of snch ine' " ' . Notwithscanding � � �� �� -•
<br /> .r the faregoing,this option may not be exemased by Lender when the uuavai�abiliry of iasmauce is so2ely dae to '���� �� ,;�� :�.
<br /> ` t < } Leade�a faitute to�ernit a mo e inswauce to thc S � ,�
<br /> f .v �g �� �' :F � ��
<br /> �� .' IQ �L 801lOWCf�185 Ar�u t+D bC I�StStEd if 1.CIIQC[�185 IC[jI1�iICd IIDIIICdtBTC jf8�/!flCIIt III fI)Il bC1'�USC Of ` 'r � ] r -
<br /> •r '� : Br�mw e t's f a t t e u e t o pay aa a m o�a t d n e n a d�t h e No t e or W i s S e c a r i ry I n s tr a m e n t 1 l�i s r i g h t a�sp l t e s ev�a ft e r�f o t e d�s e r `� � �=
<br /> ' �p aze inst�tutad. To re'mstate.the Secaairy 1ostrume,nt,Bormwe,r shatl tender ia a 1arnp sum all ai�wnats�eqai�d w +�i�';;
<br /> �` � �` �= Borcowe�'s accoumt.canrent inctucling,w t&e exrent they ac�a obligat�oas of Bormaier uada this Secudty Iasocamen� ` ` ''? ° �'•r'
<br /> ' � s ' fosedosure costs and masanable aad attomeys' fee.a arW eupenses pru,pealy assoclate� wIth the f�eclosare _' � j �, �
<br /> " -.-,'' P r a�d i ng U p o n'�+a f n s m t e m e n t B o r r o a�S�r L�e a t e n d t h e o b l�g a ti o n s t l�a t i t s e a i r e s a h a t l�i n — �
<br /> ' .:yS eflF�ct�s if Lendes 6ad not req�r+�immediate payment' fom ll. However.Lender is aot teqaired to permit mmsm���t iF _' ���►`,-.
<br /> � .: (i}I�a d e r h a s ecoe�t e d�e i n s t a t e n tent a t t�fl i e commeaaemen t o f foiec l a s i u�e p r a c e�d t ags w t t h i n t woy m u n e�a t e�► �Y,,:. �
<br /> .: , � 9te cawmenoaneat of a amrent fame�2osana g,(��insmtement wW prectade forecI�aa d�escat Y��'_' ��
<br /> �' < gmuada dte famr�.or(iIi):elastateme�t wID advelse affect thep n'orI af the fiea created�y d�s Se�mty Instrautent �'-,
<br /> L:� iL Bm4ower Not Relcased; Fo�ear�mw by�Not a �iaiver. Ext�sion of the time og payment or }L���`
<br /> � �' ;, . mad�c�ion of�don of dre anms s�urd by ttds Sec�ItX Insumuen�graated by Lender to�ay sn�or�n int�i �;��- _-
<br /> ,� Of BOIrpWEt ShBU 1tOt Op�d8t8 t0 i�eIeSSB d1813�1131ity Of th8 o71gtII81 BOmoWC!Of BOYiOwed'8 SuCOCSSOi 3D�t1tCt�.41. LeIIdPd h _ _
<br /> � - �- �• � s1�ai1 no"t be ta comme�ce gs against an�►snobessor in inte�est or refase to extend dme for pay�t ar .N- • __�-- --
<br /> a
<br /> - `� otheawlse �orti�oa csf e sams sec�ed tlus Secarl Instrument b �asan oY demattd mad '
<br /> b7► zY Y, �3► bY ahe , ;, ..��.�.:
<br /> `�, orig'rqal Horrawer or Bo�ro�we�'s Baocessors.ia 3nteaest Avy fmbearaa�e by I,cnder m exercLvag a�►rfght or remedy shall � --r'��
<br /> �,". not6e a waiver of a:p�cIadethe exer�iseafaay right or . ' ,
<br /> , �"; u. Sncoessora.and Asstgus BonaO;Jolnt and 9ev�bII�ty.Co,g�ers. Zhe covanaz,m and agr+emen�oi this ,} : ,� -
<br /> , � 3 Insdume�t s6all b�ad and beneFit the successors aad assigas of Lender and Balmwer.�j ect w the vistons af � � '�r`'•,...,:_
<br /> .,. _. .: „_, Fm�h�9(bj.�Boaorwe�'s ooveaaats and ents aball 6e jolnt aad sevelaL Any Bmrowa wfto oagigns�this Sec�ity y .�;�+.
<br /> ;:r.,: .,:: Instromeut bnt does aot execute the Note: (a is co�si�ttils Securlty Inaunment onty�gage.�aud oo�vey that . - -`�`': �
<br /> ' � ,, Bonbweta intea�st in the Plapeny nnder tha terms of thia eautty IAStramen�tb)ia rtot naUy ob W pay fhe smns t� ;t:7��;
<br /> � _: secvrcd by thLv Secm3ty Insteumen�aad(c)age�that Leada and aay uther Bomawer may a�e to estend.mod�y,forbear u
<br /> :: � or make atry a¢aommodations a+itD regard to the terms of this Suurlty Insuvmcnt or the Note without that Bosroweta .-.,.„..;_
<br /> CoDSC�L � ' �.,-
<br /> -' 13 Natiae�. Any nottce t�Bormaer ded for in th9s Soc�rlry 1as�rument shall be ven 6y delivetin�it or tiy► �"�
<br /> � ee provt �1
<br /> � :� � mmilin�it by fust class mail unlessapp]icabte 1aw ieguires use of anmher methad. 1I�e ao�oe sliall 6e di�aed W the ,
<br /> . .. � ;��' �P�Y Address or any other address Borrower designates by notioe w l�nder. Any nodoe w Lendea ahall ba givea by flrat �' .
<br /> � .:. class mm7 w tendei's address smted hereta or atry add�oesa Lcnder designates by IIoflce w Bomuwer. Aay notice provided ,��� .� ,
<br /> ,�. �in t�SeaMty/asaument shall be deemed w have been given to$armw�or Leader when given as provlded �n tids ' ,,
<br /> '� � " 10. Gov�l.�w;S�tq. 'Ihis S�u�r L�s�ument shall 6e govemed by Fedetal Iaw and me law ot the ,
<br /> - � ' jtuisdiqion�whic�the Prope�ty Is locsted. Io the event 1Las eny provision or clanse of�s Seauity Iasris+ment or the NSote ':
<br /> t,,�.: , '�, canflicb with appllaable 1aw,s�aontl�shall nm aflF�t other provisioas ot th�s Security Irtsnwnent or the Note which cea '' ,��,`, .
<br /> � be gtven ef�ec.t wiWont the ooatZidtng provision. 1'o tids end the pmvisioas of th9s Secutlty Inswm�t and the Note are z, ` • .
<br /> ��. ��� ��t dectared w be seversble. . , ';' ',;.;;�;:.;'�.:' .
<br /> ; � . � IS. $orrawer's Cop�y Basrower shall be given one confmmed copy of tl�s Secarity Instiument `,, -
<br /> � r - ; EQ� As4tgament of RenPa Borrowet tnncondidanally a�sl�ns aad transfers to Leader all_the rents aad revenues of the
<br /> „ .: erty. Bor�+ower authorizes Lender or Lendei'a agents to cpllec�tlise rents and n,wenues and he�by directs eacb tenant of �
<br /> the to pay the rents to Lender or Lende�s ageats. However.prlor to I.eadca's nodce to Bmrower of Bomnwe�s `
<br /> - . -- - ��y�eaant oiagreemeat 1n the Sesvrltyr lnstrumen��onower shaU coltect and ceceive alt rents and revenues of - -- - ,- -
<br /> hustee for the benefit of i ender and Borrower. Thls assignment of retna coastiNtes an absolute assignment " �
<br /> - - aad not an assi�ment for ad0idonal seaufty onty. ;.
<br /> . ..: �.:�, I f I.ender gives aoHae of breach w Bormwer: (a)aU tents rereived by Borrower shatl be hetd by Homnwer as trnata '.,:,f,'.`..�.
<br /> � ' for benefit of Lender only, to beapplted to the swns secured by�he Seauity Inswmen� (b)Lender shall be enHded to ,, �
<br /> � col�ect aad teceive ali ot the renta o�the Pmperty:mcd(c)each teaant of the Proyeity shail yay a11 renta due and unpaid to - �
<br /> I.ender or Lender's agent on Lende�s written demaad to the tenant '
<br /> '. r Bo�rower hav not executed any prior acsl$nment af the rent�aad has not and wi11 not perform any act that woutd 5 " .
<br /> � ptzv�t i.�dca irum cza�-ising ita rigMs under this Finagraph i G.
<br /> ' L�tder shall not be required to enter upon.take wntrol uf or maintain the Property before or after giving notice af � ,.
<br /> T ° r " �� breach to Borrower. However, txnder or a judiciully appointed receiver may do so at any ame there is a bs'e$cb:�Any "` .' � '�
<br /> s::.:;:';;. ::. � : apptication of�nta shall not cure or waive any defauh or tnvalidate any ather right or remery of Lettder. This assignment of � � ' .
<br /> - . ::;-�;- renm of the Property shaU tem�inate when the debi secured by Ihe Security lnswment is paid in full. ' '•' ���.'.•-
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