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<br /> �' �l., .f��ISYli"'A'a� � `3 � f '.
<br /> - <7�iN 7 . �,� .
<br /> 4 ` . �" , �"�-� ` � �OQ, 'I�e pmceeds of any award or claim for damages.direct or wn�ueatia1,ia c�oanection with aay � <• � `� ;�,,. ��`X.4.:
<br /> u���-�,,° �-''`, aoade�sa�ian os otQec takmS of anY Part of the Prop�►.or for wn �yance� m plaae of oo�on.are herebY as�� 4 •;.
<br /> and shall be paid Uo T.eader to the extent of the fall amoimt a�the amd��baedness that remams anpaid under the Not,e�dthis ,_� 5 } �,;_
<br /> / ; 4 �`�`.:.:` g�trity Instrmnent I�ender shal{apply sucb pmoeeds to the teduction of the mdebtedtte�vader the Note aad this Seattiry ,, ; `� :`
<br /> t ��� • t azuoants lied Fn the order provided 'm Patagraph 3. aad then to of �� S �',
<br /> � ��. Inst�meat, fitst o�auy.derinq� ePP F �
<br /> z ` P��, p°Y appticat�ug of ilte psaceeds ta the p�shaI! not ext�d or postQone die dus darc of montlily _ �_ ,
<br /> 4 �- ' �.�,�;� payme�fs„wWch ace ref�w in Faca�aph Z,or d�ange the amoimt of such payments. An�r excess�roceeds over an ��"- •
<br /> �_ _- _ 4.�wm��r�.+a�,a A o ntc�ndiae`indebtedness uader the NoLe sEall be paid w the enttty tegally enmted there�. ' � �.s o �t n ��:
<br /> x � `� 8. Fe�.len�r may collect fees and cJ�arges a�uhor'v.ed by ttee�eae�uY•
<br /> r �
<br /> S �� �. GrDi�S fOT A�O�'B�OD Of D2bt. �,
<br /> -� c: , � `
<br /> s :�t"` (a)D� I�ender may.e�c as Lmitc�d by regulations issQ�l isy the S��r m the case of paymeat defaults. : q � `Q
<br /> r.� ' ` �iateraymexi i u►full of all s�s seaued by this$eairity fns�umeat� � r , ; r*-�° �:
<br /> ° `' ��.� r �n Horrow��ef�by fa�ing Lo pay in fiili any monthlY PaYment�qa�bY this S�u�IY I�n�Pnor ,r a�,� �
<br /> - FlsL 1@�"..�.�.�:-.!. . -T-S � c ` S � y:
<br /> �� : , � to or on the d�e date of dte�ct montblY PsY��•� Uo o�m aay o9ier ob4i ns oon�in ltiis '
<br /> ,� , (b7 Boirawe defauits by fm�ing,for a pawd af thntY�Ys• P�=m �° " y ° �
<br /> .� ��,:' S Insuume�t �. �`` `
<br /> � ��s��u�c�a�z�. ��u¢��r�����►�a���r���of� �. _ � ��.
<br /> � c �- '' � $�y f�II�R�1�8�Q8YID�t ID fOU Of 811 t�SDIDS SECUt� ibL4 sCNtityt�Silii�it i� � `
<br /> �.,5, �f ;� (i)All or put of the ,or a beneficial iat�esc m a trost owaing aU or part of the Prnperty.is sotd or - ._ = ,, r-
<br /> a oth�wi.se transfa[ed(ottia tban by devise or dcscant)by the Borrower,snd ,,_ f r '
<br /> '� t � ;�'•`_, (ii)Zhe Frnperty is not�ied by the purd�aser or graatee as his or der princigal:ccidemce.or We pum.haser ,_: �,�.��� ?
<br /> . ". or grantce does so ocwpg t�e Fmpesty but hi4 a� !►er c�edit has not beea appmved 'm aaw�dance -t ,�n
<br /> � -� ° �`"�y � with dte�of dte L .�� , .,�
<br /> ',�-- in fi�11.but I.endes =s�.� ` '�
<br /> < _,
<br /> �� ; �- (c)No Waiver.If chwmstanccs�t woutd�ermiE Ien�to�eqt�ine imme�iata payment ,� �y�. �,�-f
<br /> � F� , ��� doesttot sacbpa tg.Lendeadaes noi waive its rights with�to sabseqaeut eveats. ,�� . .` ;�' ti'
<br /> Y , (�1j g�ot HIID����r9• In maay�ces s�egW.tions issaed by the S�ry w�l limit I�e�a < <. s� �ir �
<br /> /r `�� t "s� ��'' r l g h t s. m t h e c a s e of p a y m e,nt ctefanits. to n e q u i t e immediate P°• t in full aad foieclose if aot paid. 7iiia � -
<br /> s ,i `� "`.4�� Secarity Insuumeat doe,s not�acoeleaation or f o r e dasure ao t�m i t o�d b Y r e g W a t i o n s o f t�e S e�a r Y. � � � �. ,.�C,,.
<br /> �` s�::�: t�N��P� � � ,�
<br /> < ., �.' ,.� Not Insmeed. Bormwer�that sha�nld tbis Seca�ity Insa�ment and the nanz secor�d theieby Aot .�
<br /> • + ;• be eligible for insuianoe nnd�the NatIanal Housing Acat w� 8 months fma►tbe Y+- , �
<br /> ;: �� d� �g�Y�B�p8regraPh 9 immedlate paymsnt in `. ��.
<br /> ,.,��," _`.<.'S: „- &et+eofr I.ender may,at its oPtion and n •�4+� -' :.
<br /> 1B0
<br /> fol!of all s0u�s SCCODad by this S�[jl Iils�t A writtC11 Srdic�eIIt of ffiiy SUtholi7xd 8$CAL of fhC SeC[�Iy `,n l' 7•� tii`.,
<br /> ; � < - �, C .
<br /> ' i . deted subsequeat t+o 8m� fmm dte date iteceo�dediu3A$to Insiue d�is$ec�ity �,�,�;' ., t _
<br /> ' ' r +�', • lnsaamea�t aad the noae secured�y,shaD be dcemed ooacIusive.ps000f of sucti iaeligi'bIIity. Narivith�ndttt8 -.�'�f ��`� `
<br /> . ,� �� }
<br /> ��° � � the foregoing.this oytioa may not be exeacfsed by I,ender wLeeu the aaava�ab�ry of iaatuaace 3S so2ely dae� �' �: `�'
<br /> � w u
<br /> , >+ '� s
<br /> � Lead�a fa�ue to iemit a utortgage insoeanoe ps�om to the Seaetary. _Jrf �
<br /> T,'4�� ` `:f � IQ Retn�. Boaoaet bas a rfg�t to be reins�ted if Lendes has zequued immediata syment in fal!bec�se o� ' 1 ;"
<br /> even att� foreclosa�e ,�..'�� � � :�
<br /> 5�- Bmmwd a fai�e w pay aA atr�uat dae mid�the Note or d�is Bo�e�r's6aU taWer�a��atl amoua�re4a�� - ;,
<br /> '<%: ;-::�r.'`'� :: �`<::� pm oee�ngs are ins6wted. To re�nstate tIIe Secaulty Insbvment, �P -;�`�. � ,
<br /> . ''' -`. -.. .s': b Botmwei's.aova�mt comcent inctuel'm$ to the extent they are obligations of Hmnower umter this Secwity Tnst�men4 �, n '" .,�
<br /> �.;_ .:,. ; ;. fo�ctosare wats and Rasoaable aad 'mary atoosae�ra' fees aad expeasesprop erly associa�t'with the foreclosat� _ , ...'{ �. �'°
<br /> �,: t' u w • � ' g. Upun relnst�aea"t b'.yBoira�wer.this 5ecunty Ia�ent awl the obl��atioas tpat it.sec�urs ahail�ema�n in ' " �,-` : � �'.,
<br /> e��if Leades had not reqµ�iattnedIate payment ia�aD. Howevea,Ixadet fis not regu�ced W petmit reins�ement i� , :: �`'
<br /> � , .;,,. s � 'C)Leade�r t�ac�ePted�nt afa�ar the nommeucemeAt of f�e pmoee�g��wtthin two years immediatety �.fX �",
<br /> : ` p r e�o d t n$die oommeaceme,nt of a emsent forecIosare moeoding,(u7�ea�t anA precinde for�ctosu�on diffetent ��� -
<br /> � `b `V . groanda w We fature.or(ii��Insmtsment w ID a d vase a ffect t A e pn o r lty o f t he.l i e a c c e a t e d b y t t�i s S e c a u i t y l a s t�u m e n t .� T=�. w��;�
<br /> _ _ ._ _ :;�,..' 1l:..Borrowes Nut Rdcased: Fasbe�nsepp�des Na� a Wetver. Extensfon o f tbe t�ae a i ��'� r�.97�-�.F:.���
<br /> � ',' � -_`�`�: � modificatima of ama�oa of 9ze soans se�red by tfiis Sec�It�►Insuume,at gtanted by l�eudet t�auy sneeessc�r" �n�nte�st� �'"
<br /> ` of Bormwer shall aot operate w rP1ease tGe tiabs'h'cy of tha origa�al Bo�rower or Sosmwet's s��s4oir�a moerest L�der —
<br /> �- �aU nat be w com�mence ptao�inSs aSainst.an saGOessor ia ia0�ese ar.t+�fase to e�tend tune for p or �Fu�
<br /> �y aoe
<br /> ;`� , ? oth�wlse m��o�on af ttte stuns soc�ed by t�is Secmity Iastcament isy reasoa of aay demmsd�the �,r,,,; T-- --_ --
<br /> ,�- � ,,� `;: arlSinal Homnwer or Bomawes's sacc�ss�s in int�st. Any foYbeffiaaae by Leader ia exercl�ug any rgt►t or remedy shaT1 -
<br /> , ., natbe s waiver of os pi�ectade the exercise of any�t or � F=;
<br /> ,,;:;:;_`;'' ; ,'_._' . � y2. Saooessara a�.Asstga�Bo��itat and Seveeat � .�aSlg�cta. 1�e oaven��s and�ta of tWa - ,, :., . .t�, -
<br /> � Secarlty Inatra�stt shaD bind and be,aefii saoceasais aad assigos of Lender and Bosmwer, ject provisiona . � j�� `
<br /> :.,. su6 to the of Z,�,. :-:'
<br /> � „ '�, = _ perggagb 9(63 Borraarets coveawats aad a�ts shaU ba ofnt�d severaL My Botrawer Wtw ca-st�s Wis Seau4ty � _:'L �-
<br /> , ; , '�, � InBtrumeAt W �nt and ConV thSt -
<br /> .,, in9trumeat bUt dues aot OXecute thC Note: Ce)ls co�gaiag dna �u�tY �Y 8�+ � . .; Y,
<br /> B m m w d s i n o e�e s t�a t he�iro p e n y unda the terms of this Searnity taso�ament;(b)ia not pcas�am�obSgated to gay the sums � ,,��
<br /> t �' ` s�by t�Seauity 1nsb�en�aad(c)ag�ees t6at�an a aug o t h�Bonvwes may aSree ro e x t e n d.n►n d�f Y•f o s b r� ,
<br /> .�; � ` _t� or make any asw�odattbna wlth regard w the tenns of thi9 Se�urIry Instrument or the Not�wifliaut that Bo�mwer's . � „y�. ,:
<br /> � ` � ��L�. NO�. ADy AO�ICB LO BQtIOWCt�r ov2dod for ln t�is 5ecautry lnsanment sha�il be ven�by deliveriug it or by � , ,'" '
<br /> > .: b � sUa11 be directed w�Q�e
<br /> .°,,. , . maiHng it�y�at�cla9s mail�tessappttcable lavu requires use of enother me0ed 'Ifie no ce . .� �r. •,
<br /> - ' P t o p e a t q A d d r e s s a r a a y o t h e t a d d r e a s B o t row e rdesi g n a�e s i ry notiaeto lgad� An y notice wIeuder si�a11 be given by fitst� - �. :'
<br /> ��. = class malt to I�euGte�'s addr+�ss stated henein or soy eddmss Lsndes desi�na�by aoSoe to Bomnwer. Any doticepra � '' •,F� • .,
<br /> ';.� �'�F for In�is Sec uity Inswmene ah�d11 be deemed to have beea give�to Hom�wer as Iend�wbeia giv�es pro�ided in d�tis .,;,.' . �.
<br /> � � a .,.._
<br /> ° }. � � � -14.�Gorerntug 1�c�:5e'verabgi4q• 'Ibis S�it�+Iaswment r•6aU be govemed�y Federal!aa an�t�e law of 4�e ..
<br /> �' jmisdIqioa in wWch tho Pmpetty is located. In the event that any pmvision or c2ause of this Seauity insWment or We Nate t� , �
<br /> , onntli�whh appllcable 1aw.sach�ct shall not affect other provistons of tWs Secarlty Instrumeat or the Na�a which cae ,.,
<br /> .., �;, be ven effed wrthcut the aonflicdng pravlsion. To th�s ead the prov�sions of tlds Secauity tnstrument and tl�e Note are
<br /> .;�: dec�t�6e seveiab2e. � � -
<br /> , .15. Bormwes's . Bomawer shaU be given one oonformed cupyr of d�is Security Inswment •
<br /> " � � 16. Assigoment of Itenea. Bomowr�nn�oadidonalfy esslgna and t�ansfera w Lmder all tt�e rents and revenues of the i ;
<br /> � �� . 8a�wa sufhar�zes Iaader or l�endef s agenb w wllect tlie rents aad reveaues aad hemby dim.cta each tenant of ` � 'a
<br /> ,; �
<br /> ° ' -;+. �� Q►e�pe�tY w PaY We tents W Lendet or I.eadet's agents. However.Drior to L e n d e�s natice w H o m u wer o f B m r o w e t a .. �
<br /> ` _, �: breach of any wvenmit ora�men e in the Soeu�ty Instrumeat,Ba�mwer sha13 collea aad'receive all renta and revenues af �.,
<br /> : � the Fmperty as pnstee for tfie ben�t of Leader aad Borrow� 71ds�asslgnment of maits ooasdtutes-an absolute assignment :
<br /> ,` S' ' � ;. . and not aa assi�meant for addiBonal security onty. ��
<br /> . =—.. ,-� .`.� It I��gives nodce of M�eaeb M Bonower. (a)811 renta received by Bombwei sha11 be Qeld iry Borrower as wstae "
<br /> ��..�
<br /> _- .. . f o r 6 e n e fi t o f I a a d e r o n t y.t o b eayp l i�t o t h e s u m s s e c a r a d b y t h e S e c v r i t y I n s a u m e n� (b)L e n d e r s h a ll b e enuded to -`��; -��.,;_ :`-
<br /> ' ��;. w1Ied and rerelve all oi the renta o f the'PmPertY:and(e)eacb tenant of tha i�r operty sball pay all r�ts dne and uapaid to '' 't.
<br /> ,.�.; . , Lendca or Lende�s agent on.l�endef a wtiuea demand w the tenan�
<br /> Borrower has nat eaecvted any Qtlos assigwnent of t&e rents aad hav not and will nat pe�fforn►anp act that would � .
<br /> h p
<br /> �,_,
<br /> , .� •'� .-� Ps�veat l�ades&osa eaerci.�ssg i�s r�ghta imder this Pera_g���16. �.a.�.-.. _
<br /> t� : � L e n d e r s h a ll n o t b e r e q t�t i e d w enier u p on,mke conuol oY or maintain�e Propeny before or after giving nodce of ,. :- �
<br /> ,3' .-���,�� ..•,�. .. �L, : �� - _ • �-. . .
<br /> breach to Bormwer. However. Lender or a judicially��,�receiver may do so at any time �s a;breach. My �,.• ,
<br /> �;`�,•,�'•,.:... ,:.., applicatlon of rents shall not cure or waive aay defauk er iriv�ate any oWer right or remedy of I.ender. 'i'dis ess�gnfient af �' i=�
<br /> � �:
<br /> -'�"i-:�� - reuta of the Praperty shall ternanate when the deM sewred by the Secm�ity lnstrument is paid in fuU. 'r•" :
<br /> .•, '.
<br /> _ IPage3afOpageal . "�.
<br /> `�� `�- `'•� 'i'� x•`<:��
<br /> .e::�-� . ;� ' _
<br /> � _ _ � . . .. ��:�.�-.. . o..� !.'1�.. ..
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