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.. �. —�-----. �.��._._,._.. ._�. _....�. _ .. . �:'• ' ;
<br />.�: . � . .
<br />_ • � , � • �i+� ��IGIl�+�� LOAA�NO. 1 5 3 9 2 1 41 5 9 , . ' y t' ' . _ �
<br /> .�t' „�,
<br />' da4a of tP�a mo�thly paymert�s.wh}�are reierr�4o In Paragraph 2.or changa the srrourn o?auch p�yrn�nts. Arry ' . , -• =-
<br /> ' �` InsVumsrRr s�hall b�@R�ld t the entity��agafty er►1�tled thereR�Ing tndobte�ness undsr the Note and Yhts SecuPity ` '. •� `�.:{.-
<br /> � e.Fses. Lender rtt�y coltect faeg and�afges auihorized 6y the Secrettary. .- . - -. _
<br /> " �.Geoundst��ccitera�ar�o9Q��t. � � : . `. €-`
<br /> � (����tAU4L Lender m3y.except as�tmned bll�B�atlona fssued b the Secratary fn the case ot Rayment dEfa�ta .. �
<br /> . requi�e tmmadlate psymsrrt In fuil of all sums secvred by YP�ta Secu�l Ins'trument�: � �
<br /> ,; {I)Borrmnrer defauitaby taHing to pay In tull asry marrtf�'y paymsr�'t�e9uired by thts Secueity tnsuumenY pdor =-_-_
<br /> to nr on tha due date a�the nex¢rr�ortthty PaYm9nt,ar ` - :
<br /> . (tt��a�o��rer defieuSts by fafling.for a pe�iad o4 thtrty d�ys.to parform any o t her a b t lga t ios�s can t a l n e d In t fi t a ° . . .
<br /> _..�,� $ecw�ytnsi�umer�t. ' ,
<br /> '_,x;.� (b)8ala 1�"Jitr"¢�u3 G'�e9i2�ippr�vfaL Lendc�r shall.f�g2rmS�dsd by aPpiRca�te law end with 3he prior sUProvEil af tha _� ,-.
<br /> Secretary,requlre Immc�ilata payment In fi�l of afl the sums sacured by 4�fs Security Instrurr�er�t�:
<br /> . m�►!I or part of tno Pro�ort��.or a�eneR�ta1[nterest in a tn�3 o�vning e!I or pa4t of the Property,is said or ,. .!
<br /> ather�rise transta�rad(oihar 4har�by devis�or desceM)by tho Bo�rovror,and �'' �
<br /> ev
<br /> (i�The Praperiy is not oscupled by the purchasar or grantea as hts or her principal residence,or tha •i:..,,_ :;;.� `
<br />, act��encefutiith�e e�ulrements opf the Se�c rei ry.6ut h(s ar her credit has not been epppave�in � �_;. „
<br /> -'�.,,�"_�;'.,:::• �'
<br /> , . . (c)Na{Ft�[vep lf cifcumsYances accur that wn�dd RermYt Lender tc requier�imme�laYe payman4!n iutl.but Leraler
<br /> doa�nat requlre such payrr+eMs,Lender dces Rat watve fis r�ghts wftt�r�pect to subs�qusM events. �_° �.T��.
<br /> ..:_.�;..�7�,:.—rt.`.•.-
<br /> • (d)Re�ut�tl�na o4 l4Um 5ecreLry- �n manY dreumsiancas�egutattons tssued by the SBCreiary vvli Iimft lsndefs ��
<br /> �'.;� dgPita,tn the case at paymeM detatuts.to requlse Mme�t�te paymern in fu11 si�d toradose fi nat paid.ThIs Securityy �'�.�" . -
<br /> . tn�r�mertt does no?suthadze acceleratton or#orec�asure ff nat pems�ed by regula2fflns of the$ecremry. �" .:;,��•_' . ,
<br /> � � (e jRtoe4se�e Not Instt�:d.Bonavsrer agr�s that shouid thls Security tnstn�neni and the nate sec�ured thereby nat �,��-------___��
<br /> . be eltgt6te for insurance etnder the Natior�al Haustng ACt wfthln s o D A Y S from the dats fler c j a 4. :�;�._ ...,
<br />"�� Lender may.at its o�Ion and notwit�staerdir�anyihtng tn Pafagrapfi 9,requlre tmrne�t�p�ym�nt U fuU of all ' -
<br /> . � sums secured bythfs Securfty Cns�n.mern.l��cnitten statemerrt of any authodzed 8go�of ine SecreYaN dated ,.�;... :�- •
<br /> -'�`;' .� s�.:c�uent to s o 0 A Y S f:�n the date heteot,deciIn(ng w Insurc�tf���cur�y Instrumsr�t and the _..: .
<br /> '4�'�; rto4e�red thereby�shall�e d¢�2fl caz�astve procf of su�h tnelig{b��y.Notwt��:ding the foregoIng,thts •.��-... �
<br />, .�. optian may noi�e exerctsed I�3�rr�:r+c,'��m L'�e unava�IabUlty of insurance ls salely due to Lender's isifure to remft .�
<br /> • � a mortgage U�s�p�miL�Ya�e S�. r:�� ,,,�,,�
<br /> � 10.Ret���L-��ro�vr��S a d9ht to be retnstated if Lsnder has requtred Immedlate payment tn tu11 becaase ,.�: • �,�
<br /> -,, of Borrcrc�s f�:�e�c►�,ay an a�'rn�st due under the Note or thls Secur�y InstrumerR.Thls rlgM ap�ltes even aRer �..�'` :>��: =:.
<br /> -�:._ - �:_- .W
<br /> �� � {���ed:rr�s are tnstRu:ad.To reinstate the Security Instrument.BorraHrer st�aJ ter�der in a lump sum a!I - �
<br /> � � amourtSs r�r�ttlfed to tsrm9 Banowe�s accouM currerit tnduding,to the exteant they are obligattons af�orrowsr under ��.��
<br /> � this Securny tnstrurrt�rsi,fioredosure casts and r�sona6le and customar��3omays'fess and expenses PropedY �t:y ..-- ,_
<br /> � �'� > assxtated wiih ti�e t���tosure praceedtng.dl�m aelnstatement by BoRa�sr.this Securiay Instrumertt and the . ,• ,,: �.
<br /> Minf�+il.However. ���,;;y��:•' :'
<br /> . � olali8attans that it secutes shail remafn tn etfect�if Lender had not requI�i bmmedfaLe payrne ``'-��`
<br />;,�,.;..;. '� lender is nat required to permPt rc-tc�statement tF m�-ender has eccepted��n�mert�ar the commencemer�t c�
<br />,`:,�K�: . fareclo�praceedtngs witi�In Mrcx y�s tmmetiiately preceding the commer�cemert r�a�u�reM f�rectaswe f�
<br /> ;,� �... ocee��,{in reins2atemeM wHi r�weg�i�deforedosure cn diferent grounds!n the futura.nr(ii�reinstaYemertt ar�: �� �->:�� `�'',.
<br /> " adversedY aff�ct the prtority of the�?��.-��t�th�Secudry tnstrumer�. �.. .�f;:..��!�.,;-
<br /> at
<br /> ' 11.Bonrau�r Not iteie�a�t8:�ar�earuc�I�I 1.�nder No4 a Wa[� t�z3enslon of the ttme ot paymerrt or � � ��:.;�:.. �
<br />. modHtcation a4 amorti��an oftPie a�sea�-r�d�y thi�Securftyy Insitumarrt granted by landerto any�ccessor t� _..: �,,�;:
<br /> r
<br /> � (rReres4 otBortower shall not op��a�a retease the IiabAfty af the adginsl Boerawer or Bomawer's successor In trnerosL . .:•t�: ,,�4:
<br /> � •;`• � I.ender shaSf naR be required to c� �rWyrance prace�.dtngs sga;�ao�y successar In lrrterest or retuse to extend time for __ ..
<br /> .. . paymen't or aYhenvis9 modify amortization af the sums secur�i bythts Security Instrumertt by rea3on of any demand - y;�•-__
<br /> made by the ariginal6ortavter or Borrowers successore IR Interest My qaa�earance Poy Lender tn exercising any dght - '; _
<br /> � ar remadY aha(1 nai be a waiVer af w preclude the�acercise af any�ight or c�edy. �,�,.,..�.
<br /> �:... 12.Suec�h.�:o�v aeed�!$na Bound;Jotnt end Several 1labtiity;Co-8igrto�. The covena�s and agreemer�ts of =-- -
<br />;,:;�.�::. .
<br /> ,; .,,, _ thts Security tt�strument shatl birx!�d benefii the s�tccessors and assigr►s of Lerfder and Ba[�ower�subjeCi to th� � __
<br /> �i'�' � avislat�s�of Paragraph 9.b.BoR4Ta�ar's covenarttai and a�eements shail be Joirtt and savarel.My Borrawer wQ�. � � e
<br /> � } c�o�signs thts Security Instrument trtr333dx[�s not execute the Hote:(a)Is co-signing thts Ser�lrity Instnunent oNy to �.�.,, ���"
<br /> • ..„ �9a9�9�arst and coin►aY that Ba�mac��s ic�.'�rest In the P�operty under t�he tertrts a�ttats Security lnsUUmer�(bI(s _
<br /> ,:,�. . n�personatfY ohllgated to pay the sums see���by this 8ecuriry InsWma�T;end(c�e�rees that Lender and atry oiher �' L
<br /> ::i;:��;. Borrawer may agree 4o eMend,rtiad;fy,forbaar o�make any acxommodatiarswith r�J to the t�dthls Securlry � _ - - _
<br /> InsWmerrt ortha Notewithoutth���rawsr's conserR. -.-.�:�,�;.�.: .�,.
<br /> 13.�ta4t�ea.My notice to��r.�s.zvar pravkted tor In thla 3ecurity Instrurrtent shait� iven by d�'�dng It�u�,a ..:;:�,,,�a�.; ,. . -
<br /> �. maHing•�by�irst dass maA urdess ap�ticable Icu►requires use of another rrtdanal.The�CA Sh811 b0 Q�'f8Ct9d1 UDt�tt� „ �.,:.��,�F:�:, �., � ;
<br /> PropertyAddressorarryotiteraddressBorro���r�lesigntttesb naticet�L�dor.Anynoticetolendershaili��.�n ���'�'t;.�*':"`-
<br /> tt
<br /> � .,.. •.
<br /> .. by flrsi dass ma9 to Lender's address stata�E�arafn or any ad ress Lend�ar eleslgnates by notice to Bonower.Rcey noike . .-
<br /> " pre�videdtnr(n this 3ecurRy onstniment shalf�deemed to hava been givan to Borrower or Lender when given� ;�` � � ..� �:;-:
<br /> - . prcvide��+thls Para9raPh- �;�{"�ia?�:r-,�:;
<br /> �° �.. 14.Gov�enins Law;Sevee�m�. This 8��rity In�eac�,M shalf be govemed by Federai lav�and the law a�t� � ����'''`'�.
<br /> jurisdtction U whkh Lhe Property�s loc�ated.In ttua 2vont that any provt�lan or clause of thta Secu►Ry Instntment ar the e•�.,��'��,�.'.��r..
<br /> .. � Note ca�iicRa wfth�+icabte law.such cor�t��a11 not afteci other prcvl�ions ot this Security In�ent or the fVote '�'�'r�'.'~`
<br /> � � which care be gtveie d��actwlthout the confltcting proVtston.�o this end tho provislons ot this Securit30 f,c�sinmserrt end the �;�,�`��+'�:°.,�• �.�•°..::
<br />. �n�pl:,4 ; �:�•..a.
<br /> �-, Nate ar��acJared to be sevarabls. �: .
<br />':;";, ;. 18��wei°s Copy. 8omdwer shall be glven ona ca�cc�ned copy af thls 8ecurity In�trument ��'?1�.:..
<br /> �. 18.Assi�nn�t ot RsM�. Barawer unco�t�'�onfilty a;..^�ns and Unr9a4a�s to Lendor atl the rei►is an�ecvart�of _---��.
<br /> � tHo Property.Borra�7 authorfze�Lender or LR.�ru�ar'e agenta to cdte�efi��ams and revenues and hersby directs each _. �_.
<br /> tenarrt of tfie Prop��c3r to pay the rerds to L�ndc�r or Lendefs agenta.Ffecar��er,prlor to LenetePs nattce ta Borrower of `� ����
<br /> �:::_-
<br /> � Borrawer's breach o#any covenant or agresmerit in t he Secur i ry In s tr u t r,e s�t,Bort o w e r s h a i l c o t l e c t a n d r e c.e M e a l t r e r�t a — ,.
<br /> • and revenues of the Property as trustee tor the benefit ot Lender and Borrawer.This asslgnrnet�t of renis cons�tut�s an -..:�.�
<br /> absotute assignmern and nat an essignment ior additlonal security aMy. , �.,.�Y>••--
<br /> ...:,,... �-
<br /> � If L+endar gtvea noilce o!6reach to BoRCSwer.(a)afl rents received by Borrawer shali be heid by Bonower sB�tee �.���;i-
<br /> _ � ' far boneift of Lender only,to 6a applle�to the sums secured by tho Socur�ty l�strumeM;(b)Lender sha11 be ent�Yem to ;:�� "^�
<br /> -.:: r:,�,-,:....
<br /> �. collect and receNe all olthe rerns af the ProAerty;and(c)each tenant o?t?�e PropQrty sha11 pay afl rerrts dtte artt���aid _ , . : .
<br /> � tQ Lender or LendePs agerrt on Lender's written demand ta s3ce tenarn. ��. :,:;..-..;,.._
<br /> Borrower has�o!executed any prior assl�mem of tS�e rants and has not and wiil not pedorm eny act that«a�tld � � � �� � ��-- .
<br /> � prevent Lender from exerctsing iYS dg9�ta unsf er this Paragraph t 6. ����''�``�'�
<br /> � Lender sha11 noi be requlred to errter upon,talce comraf of or matntain the ProRa�y be7ore or after giving no2lce of , . .��
<br /> � � breach to BaROwer.Hrnvever,Lender or a judtclatiyappofMed recehrer may do so at any time there is a breach.My �
<br /> �.� . " appiit�tlan�f rerrts shail no2 cure or waNe ar►y defauit or imralidate atry other dght or remedy of Lerxler.This � ....� �
<br /> _ _ _ assignmerrt of renis vi t�ie��o�-ty�:u�ter.-ntr+az�a ti;fi�iha s�s�sr�by tt�^�xscih�!ss�us:ent!s��.��s f� ---------=.
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<br /> ' ISC/FMDTNE//0691/(rr95}L PAGE 3 OF 4 �
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