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<br /> � -. � = � � - � � 92-- il�i5l`� � - ` �
<br /> - � paYn�ents..whidt a�e ntenocf to ia Pua���c�ogt ttre amc�mt af sucfi Qayments. Any excess prac�eds P+�ec�u
<br /> unwnc mlui�ed m psy all ouistanding' uada the Note and this Sec�uity Insuua�ent shat!br p�id co t�e en�qr
<br /> �galt mptted tixneto. ` , � ,
<br /> � Fee�. iuender may callcct fees arxi charge�authairrd by thc Sa�etarY• . .
<br /> ! Grauis[or Acoeksatia►atD�e�t. , `�
<br /> _ — . . (a?DefaYtt. Lender may.except as IimtZcd 6y regu[atian.�Issued by the Senet�yr in the c�.se of payiaent defaults.
<br /> -- , tequin immedi�t�.p�yment irt fuJf ofail su�secured by this Security I�suume�b this Stcttrity instmment pcior � ---
<br /> .. ti)Bomower detaulls by fv'I'ing N pay in full any manthtY P3Y� �W . Y .
<br /> _ ta or ort tbe duc d�te of thr n�xt monthty P�Ymau.,°r � �
<br /> _— , . (iij Bo�rower defaults 6g fa�ing.foc a peciod of durty d�ys,ta p�form any oNer n6Ggatiaps cont�ineQ in tAis �
<br /> _= S�curity Insuument =
<br /> �- . (b)�Te Wiflout Ce+e�iR AgprovsL Lender shall.if petmitted hy�ppticabk hw and with tbc pria approva!o�the --
<br /> Seceetazyr.tequu�imr�e�payrnent in fult of�11 the sums savied by dtis Securiry lhsuumen4if: ___.
<br /> . . �` (i)EUl a paet of th�Ptop�ertY,or a 6enetIcial interest in a trust owaing aU ar paat t�d►��Y�n so2d a = _
<br />� att�wise t m n s f e r ri o c�f o t h e r t h a n by d evise or��)b Y the Bottower.and • v ---
<br /> '' . , (ii)`Tbe�PYoptRX�i�not acrupied by the purc buE hls orn6et credi l�as �be�en�appt�uved ip acc�ordanoe -- - -
<br /> �. � � � � � � �, -_
<br /> - . w�idr We requit�of the SecrctarY• � !- _ .�
<br /> - � T . (ct+l�im Wa[i�er.:�`dzc�umstanccs accur that would perntit[.ender to r�quire immediate payment in full.bat Le�er —
<br /> . . - . dues�oC "�uch payments.Lender does not waive ns rights with respect to subsequent ever_ss. - � .-�� °"°-_-----
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<br /> ''� willlimitl.ender's •° - °
<br /> :: ' , . (db,;�� �i�HUp�eCretary. In tnany circurnstancts regutations issued hy the Sec�etary �f;..;.�?,>_-
<br /> . - �i�s„irn t8e�case of payment defaulis.to nequire imrrx�iate p�Ymert in fuU aud forectose if notpa►d. T6is ..: . __
<br /> ��.. �nant daes�mt suihorize acceleration or foieciosuce if not pemutted by tegularions of the S�cretary., A:�.�°;;--
<br /> ��::, 'm - -
<br /> �`` N o t�. Ba�rower that s6o�this Secun Instrument and the note secuted t6eteby taE - �`
<br />• ' �;-t .. .,b�:e�'�,'�insu�ance under the Narional Housing Act within.� ty 8 woIItbs ` from tl� ' ',�:
<br /> _ '� ::;. . --
<br /> - r:. • . . ,-::il�l�seo$L�ecicfi�'r tnay.at its optian and.notwithstanding anythiag iii;Faragrrpb 9.nequi���e Payment in :',;�.;�:
<br /> c� sx:�,-':�;y.r:. . - fnIF of ait su�§secuned lsy this Sesvriry�Fnstrumenl. A written 51at�i•�Qf��o�'�L�of the Secretaty � --
<br /> ' '�.�'y,"h f x t 1;y.,� _ '
<br /> �_:�,f '�,�.5.,�. : dated subseq�.iem to 8 ulontlts from t[�.t�i��.d�Tning tn ins�this Security r"• `I�>'� -
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<br /> � � �v t`.`�;�,;`,,,s;?: .-� lnsuument and�tlie note.seaured t6ereby.sha11 be deemed cortchu�rc�t'c�3.e�'r*f�inefig�'bility. Natwithstanding r =
<br /> ,:.r,s 1 j �.�;`,.�, _.^ the foregoir�;.�this aptian snay not be exercised by Lender when tfi��r�:�.e T..'�i.'i.�?y o f insurance is 3 o te ly due to ,;,,,
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<br /> -.+.., �;°`�a'��:F��r:'°�� . `° Lender's f�':�t4 remit a mortgage insurance premium to the Secr�-:;�." _ .:y�"�s.
<br /> ;=>:`i�?�`�.►'";;'�f:�:, `• 10. Reiastate�n� Somiwet has a right to be reinstated if Lender fi:�ceqnired immediate paymert in fuA because • i'.,c.,
<br /> `%�"'`-'���Y�`:�-�':�e. of Borrower's faif�m ta pay an::muunt due under the•Note or this Security insuument. This nght applies even after ���"
<br /> . �;�;� ,.�'�;:,�;r��:. ' � .�;..a,... -�_
<br /> �.� foreclasure praceedings are ins'ria.:ed. To reia�tate the Security insuument.Borro,wer shall tender m a lump sum all � '•;,..,F�L.�--
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<br /> •,;<�'`'3,v;.f"-�;;�;;��� �, amovnts requued to bnng Borra�e�s account Current includtng.ta the extent they are obligations of Borrower under this �:,�,l,�,,,.y�
<br /> •`". ��. Security Ynsuumeat,farecloswec;usts a.�d��able and castomary attomeys fzes and eapenses properly assaciated with
<br /> '� . � this Security Instrument and the obhgat�ans that it secures ' =�'��'——
<br /> � `� �4`'�:.: "_•�'�':� �`: the foteclosure prbaePAing, Upan re��ia Horrower.
<br />• %:'�••'�r='••�r'`=�:•'' ' �' payment in full. However.L.endet is not re uired to petmit � . . ��_
<br /> ,�'N�..,:;:�"'��. .. sba11 remain in effec¢as iiLender ttad not c�r= �mmediate 8 ' �.�..�„�_
<br /> :,�;;,,�_.,ti�.t,.r:�;�-. , - -
<br /> , t;; reinstatement if: �i}Lender has accepsed r-�-fatement after the cammencement of foreclosure praceedings within two _
<br /> �;;!,.,�;. �•,. �``�" years immediately pseceding ths cammenceinent of a current foreclosure proceeding, (ii}reinstatement unU precWde • :, . � „ �_
<br /> � � '' �""��'�' � ' foreclosure on different grounds in the future,or(iii)reinstatement wil!adversely affect tf�z Qriority of the lien created by � ,
<br /> �:�;: •;y . . , '�:
<br /> ., '" .,, •.. ' this Securiry Inst�umai� , _ =
<br /> '``f"`',�''� '": 11. Borrow�Not Released; Forbearance by Lender Not a N�r. F.�v����� of the time of payment or • ` . �
<br /> ' modificalion of ansflr[ization of the sums secured by this Security Instrumect�..r.red�•T.�'��cr to arty wccecsor in mterest � , `, �
<br /> - of Borrower shal}aot opetate ta rele�se the lia6ility of the origina!Barr aR e r ar$e�c�°�a s�ccc�sbr ici interes� Lender �._ . . --
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<br /> � shall nvt be re.c�uired to commen:��roeeedings agamst any succeswr in interest o::e��:�°w�.b�ntei'.�tc-"•'•e for payment or € f•.:, •,,
<br /> .�..' • otherwise modify amortization of the sums Kccured by this S�vrity instrument by r:.�c:s of ar►;��3+�znd made by the L '-
<br />, � . ... � origirra}Banower ar Borrowcr:s succescars in interect. Any forbearunce by l.eTtder in exercising.anY a�ii er remedy��i�ll [ ; � ; �
<br /> • .. � not be a waiver o�o�preclude the exercise of a.��right or remedy. ' �� � _. • -
<br /> ' ��. • . �. � IZ. Successars and Assi�ns Bound:d��and Several Liability;Crya2gnera The covenaa���ageert�eats of � . . .
<br /> S
<br /> �'''^�•�• ��� ~ this Security ins��:ent shall bind ur�d benefrt�6.:succeswrs and atisign.ti a�C,�-�ter u.+t.8orrower.subject to ihe provisions !��
<br />' , �;� �� of Paragraph 9.b. Borrawer's cavenant�:and agreemency shall bc joint a^�ueti�c;E ,�,�y Barrawer who co-s�gns ihis .
<br /> Seeurity lnstrument but dces not execute ihe Note: (a)is c�rrigning this 5es�ric}Ec:xr�:ent only to moRgage,grant and
<br /> � � convey that Borrower's interest in the Property under the tcrm�.uf this Sccurc�:a�"ar+�c�'T(h)is not personally obligated ta
<br /> ',, � pay the sums sect�:�d by this Security InstrumeM:and(�)s�gteeti Ihut Lerzd`e!':`;.�.�.-;�.c�;:r Sorrawcr may agree to extend. , �'
<br /> �.0 .-_.
<br /> • � mod�fy.farbear az matce any aceommadation.�with regard to�he tcrms of cl?�t�;�rtg'Iastrument or the Note wlihout that , �� -:J- -
<br /> ;�' : .�; Borrawer'swnse-3. . � �
<br /> :�`r".;:;�;i� 13. Notloes. Any nuliCe to Borrow�cr�s:ovided fnr in thi4 Sccurity�::..r.:ment�1i�.i!he�iven by dtlivcring it or by �• • ,
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<br /> ' '�;�:��� mae�:nj it by fint cl:�ss mail anf��.s applicaht:law rcquirc�a�of anuth�r mechod. "iTx noticc shall t+e directed to the '
<br /> • �. � Proyerty Address ar any alher a3�ress Banou.r designate:6;•noticc to l.endcr. A�ty't*��ace to Lender shaii tre givcn by r
<br /> � � first ctacs mai!t� Lenderk addres,atated h._�:n or any addrc«Lendcr�e+i�natcs by natice to Bortowcr. Any notice �.., �.��+.� ..
<br /> ' � �rovided far in c'�"sc Securiry (n+trument s h�it t,:cT.eme d tn havc I x�en gi.u.c�.B<�rrowcr c�r l.c n d c r u E:e n g i v c n a s p m v i d e d , .
<br /> ' � • in this paragrap�. • . .
<br /> . � 14. Go�•erning La�+; Sererubility. This Secu�ity in�trument.hall l�;��?�eme�.h; Fcderal law nnd Ihe law of the
<br /> jurisdletion in which thc Properly iti I��cated. In Ihe evrm thut any prooi��:R�ir�lauu:e�f thi�Security Instrument ar the ;
<br /> • Note conflicts with appllrablc law.such cnn0ic��hal!nat uffect uther{�n}•.i����ny i}t iliE:Security Instrument or the Notc
<br /> . �, which can be givert effec;l withnut thc cnnflicting pravisian. Ti.�hiy tnd dtc�r:�visions oS thir 5rcurity In�itument and the , :
<br /> � Note are declared ta be�evcr�ble. i •
<br /> . � . � '. ' 15. Bnrrower's Cupy. An�ruwcr.rhall hc givcn�mc canfarnicd cupy af ihis Sccurity in.trumcnt. .
<br /> �� � � " 16. Assig,ttment ui Rrnty. 1��>rruwcr unc�+ndifi�mally u�tiign�and tran�f.•n to l.cndcr:dl thc rcnts:md revcnuc�oi ihc
<br /> • �. propetly. 8ormwer:iu�hi,riie�IAUdcr ur l.rnder's agentti t��cultcct thr r�nt�and revenue�and heteh}�direct.r:icl�tenanl i+f
<br /> � �hc Prnpeny tn pay thc rcnts ta l.cndcr�,r l.rn�trr�:�gcn��. Hnwcvcr.pri��r t��Lcndcr�n�+ticr tu Fiurrnwrr uf Bim�HCr ti •
<br /> . brcach of a�sy cuvcnant ut a�;rcemc»I in thr Sccurity In�trunicnt.li�,rn,��cr.hall a,liccl aud trccivc ull rcttit�:unt rcvcnury�+f
<br /> . � ' thc{�periy s�y truytee fnt Ihe txncfit uf Lcnd�r and H��rraa•cr. '1'hiti;a�ignment of rems comtitutr�ari:�b.��tutc a�.i�nmenl , �
<br />� anJ not;u�assignmcut fi+r ad�Hliunai.ccurity u�il�. '
<br /> � ... - ' li Lcndcr givcs rtulicc uiMmach Iu Nutrut�er. tal:�U nm�mcciccd My Hnrn,�vcr�haN hn c�ld My Hurrowerati trus�cc � �
<br /> , - fnr bene�t of l.c�xter�mty, u�hc applied tu the�uu��yccurcd h} thr Srcurity In.ttumcnt: 1b1 Lendrr shall Fn entitlyd tc• .
<br /> , • rn!lc�K und tecclvc all nf�hc tcnt�uf thc{'ru�xrt�:aud Ic1 cach t�u.�m oi�hc 1'ruperty�hall pay ull rcu�,duc and unpaid tu .
<br /> ' � . Lcndcr or t.�ndcr's agem un l.endrr�writtcn deniancl t�•thc trnunt. ,
<br /> 8otrower h�.s nn1 cxrrutcd�ny pri�+r a�cignmcnt nf thc rcnl�and I�a.u��t xnd will not perform any act �h�t wuuld � • .
<br /> . ' , preveM Lender from rxrrri�in�itti right�undrr ifii�Paragruph i 6. . ' '
<br /> . . Lender sh�ll not be�equircd t��entrr u}��n,tuke cuntrul of��r maint�in thr I'n��n�tty t+etun ur a!'t�r�;ivi��g natice e�f �
<br /> . ' bteach to gorrawer. Hnwcver.Lendrr or�}udirially sppointed rrccivrr m�y da,��at any timc thcre��a hnach. Any
<br /> _
<br /> � a�plicatiun uf rents shall nai curr ur w:uvc:my dcfuult or invalidate:my cther right or rcnud�r uf l.cndcr. '1'his akcignrncnt .
<br /> •-_--.—__=--__ ---= of rents nf the P�oaedy sliull terminate whed tfie debf:e+:ur�tl6y�hc 5ecunr�fnsttumem�s patcf itr fu}ir. - . --..--_..._.-_-----=-.
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