|
�.�' . .__ . ...i.. `�,r.._..'°. r._.
<br /> '*'- � '/'a...�-_ ,k;,'ld ...._.
<br /> ..qq{i� iMwrr... � . ' '�-
<br /> � .�::�"!��
<br /> .�ti1�
<br /> .r,�µ - �• - - ..
<br /> �'� . . � �� t:���, 92--10 0 5 2 3 �-_----
<br /> -.�E ' i.l�''
<br /> >.
<br /> i ar:'."t•
<br /> � , '4�� ;�:,,,�'� paYments. which arc referrcd to in Purogruph 2�,or change the amaunt of ruch paymen�x. My eacess procceds over an
<br /> =� � ' � amount re4uired to pay ull oulstanding indebtedne�s uoder�hc Nae and this Securlty l�sh'ument xhal�he Paid�o the en1Gy
<br /> ��r��`-
<br /> .u�`�. . �i-� legal)y entuledthereto.
<br /> 8. �ees. l.ender may collect fees and charges autf�orized by the Secrewry.
<br /> -� ', .� ��"' �,�, ', � 9. Grounds tor Aecekt�atlon o/Deb�
<br /> ',� .".�,y�_�},�;,�.�-� �al Defaul� Lender muy,except as limited by regulations issued by the Secretury in the case of payment defaulls.
<br /> _— ��,.;r�.,�x..w, ,. require immediate payment in full of all sums secured by�his Securiry Inxtrumcn�if:
<br /> -•��E �`• li)Barrower defpult�by failing to pay in full uny monthly payment reyuir+ed by�his Sccurity Insaumcn�prior
<br /> ;, '� ���.,, . �.', �o or on the due dute of'the next monlhly puyment,nr �'- : �; -:.=--
<br /> �; a�,.::.= .. • �» (ii>Borrower defaul�x by f�+ilin�,for a period of thiny duys,to pedarm anY aher abligutions cantninad in thix
<br /> '"�� �'.' Secu�ity lnstrume�t.
<br />� ; " �b►SWe Without CreAit Approvat. Lender shall,if permiucd by oppNrubic luw;u�d wi�h�he prior uppravnl af�hc
<br />�j " ,: SecKtary,requirc immediute pnymem in full uf all the tiumy�curcd by ihir Secuniy Inrlrument if:
<br /> '° . ..''• �.;b• lil All or part of the Propen .�r u benefiriul in�cro�t in u tni��awniny uU�K prrt�N'ttk Prc�cny. is M�Id ur
<br />�,,,•, y
<br />� `:"'4� othenvi�c uat��.femed laher�hun by devisc ur dexcn�l by the Hum►w«.und
<br />�. ,•�6�' � Iii1'Ric Pn►peRy i�nol acupied by the punhuur ar grunlec u+hi+ur her prinripal m�idence,ur Ihe purchu�e� _-�
<br />�S ,. '4 . ., ur grunlce d��� �u a:cupy Ihc Pmpcny tw� hi* ur h�r cr�Jit hu� n�N ixcn �nw�K1 m u�cordtuttc
<br />,�: . .:_.,°.� ,�.r. ` wi�h Ih�n.�yuiRment+uf tha SccrctAry. -
<br /> , , . Icl No Wafver. If cinum+wn�e��xcur�hut wuulJ pcm�it l.rndr�In nywre�m+n�Ylimc(+.�ymcm in lull,tw�lAndcr __
<br /> • e=� d��cr.nut rcyuire�uch�uymemn.L�ndrr J�K.n�N wui�•��t�righ�,Nith rc.�xri u�,uh.cyurnl rvcm.. �.-
<br />�;:a', °
<br /> �. � .� ; �dl ReRuallonA of NUU tiecretory. In muny cinum��u�K•c*regulutiun.i+►wed hy thr Srcrctury wil)limil Lender« _
<br /> '� '. righ��, in Ihe cuw of paymrm Je(aultti,�u reyuirc immr+�iu�c paymrnt in tull und li►rcclu.c if n�N �id. Thi�
<br />_�.� '- �� � Security Imlrument J��r.nut uulhorize accelerauon ix furalu�ure�i n�N�xnm��ed by nRulatiunx of the�cretury. �-
<br /> " ' ,: lel Mort�Re Not Insured. Bort�.wcr ugr�r�th•rt �.hould Ihir.Scrurity In+�rumem und Ihc ootc r,�ru�d tharehy not �_`�
<br />. „ , �� h►: eligible for inr�uruncc under ihe Nutionul Hau�ing Act wilhin � mu��t:.: �fOm�� r'�`��`
<br /> �t;,.liiiYt. -
<br /> � • dute hereof,Lender muy,ut iln option und notwith.landing unything in F'urugraph 9.nyuirc immediote puymenl in v
<br /> full of all sums,ei:urcd by lhih Security Instn�ment. A wnuen�w�ement of uny uu�horiieJ ngem of the Sccrctary =._�—
<br />' " duted subr�eyuent tu $ moat hs 1'mm�h�datc h�:reaL cleclininF�a insum thiti Security °�"
<br /> '� • • Instrumen�w►d the nole secumd thereby,�hall he deemr�i cunclusive pr«�f uf+uch incligibility. Nrnwithhtunding •+�.u=_
<br /> '�`��� � ��. • the foregoing. this aption muy not bc cxercised by Lender when ihc unuvuilubility of in.r•urunce is u►Iely due to �
<br /> •��
<br /> � � � Lender i;failure to remit u mortgoge intiumr�cc pmmium to the Sccrelury. �•---=�
<br /> � l0. Itelnstatement. Borrower huc A right to be mm+tatod if Lender hu,required immediutc p•ryment in ful l becuuse ��:W.,
<br /> • � of Bomnwer, fnilurc to puy un umount due under the NMO or this Security Imlrument. Thi� ngh� applies even afler _� __
<br /> • " ' � fareclosure praceedings are inxtituled. To relastate the Security Inztrument, Sorn�wer tihall tender in a lump xum all � —,__
<br /> �°'` amounGs requircd to bnng Bortawer'x account current including,w the rx�ent they nre obligatians of Borrower under thf�: �t-;.�i.:,e�
<br /> ...!;�t:'.,i. —
<br />.����� ,.r;.� , Securiiy instrument,iorcciueurr�u,t,�rzasanablc and:ustrnnas'y attnmey+'fees nnd�x�n.e��roperly associw�ed wilh —�-�:___
<br /> '., � .. `��'�v�;,�•�, the foreclasure proceeding. Upon reinstutement by Bormw�:r, this Security Instrument und the obl�gations thut it securcti --�-.
<br /> ..,�.;-,
<br /> ,; � shall remain in effect us if L.ender hud not rec�uired�mmediatr payment in full. H�►wever, l.ender is not required to Permit �;�-°�:`
<br /> � • reinstatemerN if: (i) L.ender ha� uccepted reinstatement ufler �he commenccment i�f fon:clotiure proceedings wilhm twu i�--�=�-�
<br /> '�-'' years immediately preceding the commencement of a rurtant farcclo�urc prcxceding. (ii) reinstutement wilt prccluJe _
<br /> ' foreclosure on diffenen�gromxl�in the futurc, or liiil rcins�atcm:nt will udvenrly uffect the priority of the lien created by _
<br /> this Security Inxtrumem. "�"?vs.c=°�
<br /> ' • U. Borrower Not Released; Forbearance by l.ender Not u Waiver. Ex�nnsion of the time uf payment or � :.-;_._
<br /> . ;,'' 'a ' • ' ' ., modification of�monixutiun oF the�ums xecured by�hi+tircuriiy Imirument ErameJ hy Lend�:r to uny successor m�nterest � , ��;�
<br /> ',a:,i�� • • of Bortower shull not o ralc to releu+e the liahilit of Ihc ari�inul Borrowcr or Borrower;surcexsor in interest. Lender N{�N��a.:
<br /> � � • � shall not be reyuined ta rnmmence pra:ecdings ugaimt un���uc�e+�or in imcrest or refusc to extend time far puymrnt or ,� ""`"._--_
<br /> � ' � othenvise maiify amortir.uti�x�ot� Ihc �urns xccurcd b�• thn Security In,trumeni hy reasi�n af uny demund mc+de by the ;:
<br /> „ � . ,;"'_'�<i�r,_ originol Bormwer or Borrower�.ucces4on in intere��. An��furhe•rr•rnrr by Lender in exerciwinF uny right or rcmedy shall �,.,��---;,. �°
<br />. �,;•:. ..
<br /> ,:;.v,.. not be a wuiver uf or preclude the exercixe of any riEM��r remedy. �"•.':����'r
<br /> ' , �., '�' ';-�:� 12. Successors and Asgi�ns Baund:Joint and tieverel l.is�bNity;Ca,Si�ners. The coven�ts und ugreementx of ��.r_
<br /> this Security Intitrument tihall bind und bencfit thc wrrr"ur�.and atisi�m�N LcnJcr•rnd Barrowcr,subject to�he provisians :. s;•..�__
<br /> . ' �.>'. �� of Purng�aph 9.b. Borrower';; crnenun�+ nnJ ugreemrnl+ �hull Ix juint und +evcr•rl, Any Borrower who co-,igns this _
<br /> r��� 'r;.;� � Security Inurument bu�Ja�s not cxccu�r �he No�r: lu)i+ co•signing thi.Sccurity In�trument only to mortgage. grcu�t nnd - •
<br /> , convey thut Borrowcr's imcrext in thc Pmpeny undcr thc Icrm�vf thi.5ecurity In�trument: (bl is not penonally obligaeed to "�:�_
<br /> �"�,'���"����� pay the,wn,secured hy this Security In�trumrnr und Ic1 a;�rrr.tha�I.cnder:uiJ uny�Nhcr Burcower may agree to extend. •,_-_
<br /> ;�,�.„
<br /> '• : :,�,, •. mc�ddy,forbeur ur make uny rccummi�Jutinns wilh n:gard tu the trnn+uf thiti Srcurity Instrument or the Note without thnt ..,t;;,;=�
<br /> ':;;;r, . . , Borrower's consent. -�w�":---':,��
<br /> � 13. Notiees. Any naicr�n Borrower p�ovided ti�r in�hi+S�curi�y In.trument ,h•rll t►c�eiven by delivering it or by .
<br /> �� � m�iling it by fint clus+mail unlcsti upPlicuhle Irw rcyuiru. usc uf anuthrr mrihal. 71ic mNire �hall be directed to thr ' 'T�'
<br />. :d';:;��'��� .� Pmpetty Addrezs or any o�lter uddrcs+Horrowcr Je,iEnata��hy notice tu l.rnJer. Any noticr�o Lender xhall be givcn by
<br /> • � finl clus+ muil �o Lenderti udJress +t;ucd h�rein or any addrcti+ I.rndrr dc+i�u:dc� hy nuticr to Burtower. Any nuticc i
<br /> , I����'' Qrovided for in thiti Securiry Instrumen��hull he deemcJ tc�have Ixrn�iven t��tioROU•cr��r Lender when�iven a.provided � •
<br /> , • m this parugrrph. �
<br /> 14. CoverninR l.uw;tieverablllty. Thi.Sccuri�y lintrumrnt +hall I.r���vcm�J hy Frdrrul luw and the luw�if the
<br /> �•:�;��;;•, jurisJiction in which ihr f'roperty i. I�xutcd. In thc rv�n��hat am pn��i,i��n�,r cl:�u,c�►f�hi, Srrurity Intiirumunt urthc:
<br /> :!;'", Nutc conllictti wilh :���r�,�ni� law. ,urh r�mtlict,hall n.a affra�Hhcr pr�n itii�►n�.nf thiti ticrunty In+�rumem or�hc Notc
<br /> ' which can he given effec�wi�huut thr r�►nllicting provi>icm. 'li��hi�end ih�pr�»i�i��m nt thi�Srcuriry Ins�runtenl and Ihc ' ,
<br /> �; NiHe ure drelurcJ w tx.rerrablc.
<br /> � IS. linrrower'ti Cop.v. Nurrowrr,hall Ix�;���cn unc runt��m�ed r��p�ut ihi+tirruril� In,trumrnt.
<br /> 16. As.�i�nment of I�ent�. H��RUw•cr unamditiunall�-a..�gn.:md tran,fcr.tu LrnJrr all ihc rentti anJ revrnuo.u1 ihc ,
<br /> ' property. Borr�iwcr authonie.Lrndcr or Lcnd�r'�a�:cnt.t�i ci�llrr�thc rrm,and re«nuc, :+nJ lirrcn�•Jircct.cach t�nam��f
<br /> th�Pro�xrty to pu�• thr rcnt�tu LcnJcr�a l.rnJer'�u�:�nt,. I lu��r�•rr. pri��r�u Lcmkr+n�ni�r iu Borcowrr ol'Rort��w.r'.
<br />� , • Mrcarh uf uny cuvenunl��r u�reement in�he ti�ruri�)�I n,trunK m.li„rruHrr,hall c�il Irr�and rcrrivr uU rcnh and r�vcnuc,of �
<br />, Ihr Pro�xny u,Iru.lce fur the Ixnetit al I.cndrr und Hurc����cr. 17�i,a„iEnmen��d r�ni,r�,n.ti�utr,un ah,nlu�c a.+iEnmcnt
<br />� anJncit an u,.i�nmrn�t��r:�dJiti�m•rl�rcurit��unl�.
<br />, ., II r.�ndrr Eivc�nwicr ut htt•rrh�u Hurr�►��rr. i+u all nnt.rrcr��cd hy li��nu��er+hall Ix hrld hy Hurn►a•cr u.lru,tcr
<br /> . _ _. .. . .•.. .•. . .�. .. �. .__�:..,... .... ..._.. ...........� ti. ��,.. c..•��r,n In.�rnmonl• Ihl I.entlN��FIUII Iri• cntiticJ lu
<br />; _..__ .. .. ..�. ,......
<br /> IUf P�III'llt u� l.cuuc� inur. �o�.� a�.Nu.0 n. •.�...... .: ..._ .._._. .- ... ...
<br />' " collcrt und mccivc:►U��F ihc rent.ut'Ux Pro�xny:an.t lr i�arh icnam�,I thr I'r���xrt� �huli pa} all rrn�+duc and unpiiiJ tu
<br /> � Lcndcr or Lendrr+uErm un Lrndrr;N�riuen demand tu th��rnwi�.
<br /> � Burcowcr hu� n�N cxrcuted am• priur:�„ignmcnl uf�hc rent�and h;��n�H :ind «dl nut �xrform any act thui wiwld
<br /> prevent LceJer frcim cxerci+inN itr righi� und�r thi.I'ara�;r:iph I6.
<br /> � Lender�hull not ix Ryuirrd to rntrr upun,tuke c��nirol ��I ur maintain the I'ra�x�m f+rlun ur aftrr givin�; nonre��f .
<br /> bnach to Borrower. Huwever. LenJer ett a judiciall5'ap��intcJ rrcci��r�uay du���at any �une th�rc i,a brrach. Any ,
<br /> '„`.� � •� appliratiun of rcnt�.hall nu�rurr ur u•aive an�•Jefauh or m�alidatr am�uthrr righi�,r nmrJy„f LrnJ�r. 'Thi�a,si�nment
<br /> ':;,���;�;•` ��f renlx oT the Rc�►crty�hnll tcrmin�tc when thc debt xrunJ hy�hc 5rcurity In��rumrm��p:iid m lull.
<br /> + � �p,er±,�/r�a�e�„
<br /> ' �
<br /> .
<br /> �r. _
<br />
|