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<br /> �tb" ' v. * .:.c��.{Y.l._. a--.
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<br /> ..,��y��' � . _. ,.,:.,;r.,*..;LL�..._ _. ., .. _
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<br /> . -- _'. -..�... .S.L's. .�� ..�._ . � - ` - ,�-.- ..
<br /> . .r+w�l�'I�K..L�I��r –"---- � � � �iu.� ""__
<br /> ,, ,_.;:M�, :- ;. ,:- 92� �.....T__
<br /> , �;�l_x , .,,;�.,�ra; n� —=,-_--
<br /> g%�!�'�W!�.`"�i�,��. , � ���Yi�JNrun
<br /> ,�, �..+;;. paymenis,which Arc refcrred ta in Parugmph 2,or chaogc Ihc amuunt uf wrh pnyment+. Any excex�pnn d � �•�• .;__•_,.
<br /> �•�'�s�►? ��o • amiwnt requi�ed to pny all outatandin�indebtcdnerY under�he Natc und�hix Securily Inxln�menl Fhall be puid 1�Ihe cnUly —__ �
<br /> ,�;�.�,;:,,, legelly cnntled thereto. __--
<br /> F�°. :.. �., ;t �o:. B. Fees. l.ender may collcct fces ur�d chsugcs amhariced by Ihr Scrrc�ury. ---- -
<br /> � a;r.w,...,:,�., .: .� 9. Grounds for Acceleralioa ot Debt. ---
<br /> • lal Defwul� Lender may,exccpt aq limitcd by regululionz i�wcd by�hc Sccrclury in thc cux u1 puymem�kfuuhs,
<br /> � ' . � ` rcyuire immediate puyment in full of ull tiums recured by thia Sccuriiy Inrirumcnt if:
<br /> _. _ . � ��� li�BoROwcr dcfuulta by failing to pay in full any munthly paymrm�ryuired by�hi.Securily In+tmttu�nt prinr �...-,--_ -- --i,__--
<br /> " � • '' .",. to or an the due dute aP Ihe neat monthly payment,or �"`�-�
<br /> , . . b� (ii)Borrowe�defuultx by failing,for u peri�wl nf thiny duy.r.�a�xrfbrm uny othcr.�I►ligaii��n+cun�nined in�hi� — _ _
<br /> o - Securityln�trument. '~,�-'°
<br />;Q;.��� Ib1 Sale Without Credll ApprovAl. Lender shall,if pertnitteJ by appli�•rhle law und wi�h thc prior uppruval ot'ihc ,�--_"�;'
<br /> ` �, • '�' - ° • Secretary.reyuire immediute pAyment in full af s�ll�he sum�+ecuRd by thi�Security Im�rument �L __�••
<br /> ' ,,.^.:,. (il All or pan of'the Property.or u beneficiul intere�t in u�ru,�awninb ull or pan uf thc Propeny. iti wld nr _ -
<br /> " • otherwise trsnsferred(othe�thun by devise or de,centl by Ihe Borrowcr.�nd �__ __
<br /> . !� . (ii►The PropeRy is not occupied by the purcha�er or grantee u�hi��K hcr princip:�l Rsidence,nr�he purcha+er
<br /> ' •�' ' or gruntee daes w accupy the Propeny but his nr her credi� h� n�t ixen •rppmved in acr�rcdnncc
<br /> � �' with the requirements of the Secne�ary.
<br /> "' lc)No Waiver. If circumstunces uccur thAt would permit l.ender to reyuire immediutc payrt�ent in full,but Lcnder �__;__.
<br /> , . daes not reyuire such Payments,Lender does not wnrve its right+with resprct to�ubtieyuent event,. '"' -
<br /> " •••� Id)Re�ulations of HUD Secrttary. In many circum��a�ce+regulution��stiueJ by Ihe Secretory will limit Lender� �`,,,;.:`�—
<br /> • rights, in the cuse af pnymem defaulis, to rec�uire immediule puymem in full und foreclose �f notpr id. Thi�
<br /> " • � d • Security lnstniment daes n��t authorir.e accclernt�on or foreclosum if nut permilted by regulatianti of Ihe Secretnry. �`_ru'� _
<br /> ,�;i°;�: . ° Ie)Mortgage Not Insu�ed. Born►wer ugreex that+hould this Securily Intitnrment und the�de secureJ thereMy not `�'�x��'.,,
<br /> he eligible for insurnnce under �he Nationul Housing Act within 8 months from the �;':��' ' ::.:_=_'°-'—
<br /> .. ��{, dnte hereaf,Lender may,At its opti�m unJ nolwith�lanJing unythin�!in Para�raph 9,reyuirc immediatc paymcnl in '-- _
<br /> ,;`;�%;� full of all sums�ecured by thix Securiry Inslniment. A wriuen.luicment of;uiy�whorited ngent of�hc Serrcu►ry
<br /> &:�'•:�:.._
<br /> `'i•�� � dated subsequent l0 8 months fram the dale hertof,declininga� insure ihis Security � '• ' �
<br /> �� Instrument nnd the note secured�hereby,shall 6e deemed conclutiivc pranf of.uch ineligibility. Notwithsiunding � -
<br /> the foregaing,this opiion mAy not be exerciud by Lendcr when the un:►vailuhility of insurunce is solely clue to _,._ � '
<br /> � " - ` � LenJer�fuiluie w remit a nwrtg.�ge in.urance prcmium ta the Secretary. �'�`�'�-• _ .
<br /> �y'�`�`� � 10. Reinsttdement. Bortuwer hus a ri�ht to he rem,tvted if Lrnder hu�reyuired i�nmediatc p�ymem in full hccuuse '��:��_ �
<br /> ��.,,,, •
<br /> •'1� �'" of Borrower's failure to pay an umount due under the Notc or �hi. Securiry Imtrumenl. This nght upplie. cven nfter = �����1"'��•x
<br /> ,�,:
<br /> •- foreclosure proceedingc orc ins�itu�ed. 7ii reintita�c the Security In.trument, Borrowcr�hull IcnJcr in a lump sum ull :r••.:-:', �'��ii
<br /> -_-'= •.::,r';y:: atitiounts iequ�red to bring Sarrowcr':account current including.to the rsleat they am��hlig��linn�of'Rorr��wer under this ----'�_?�e�.
<br /> � .•'�,r:' Security Instrument,foreclosure costs u�d reuwnubk und cuslumAry ultorneys'fee.and expen,eti properly usuxiuted wilh ,h..
<br /> . the foreclasure proceeding. Upon reinstutement by Burmwrr,thix Sccurity Intivumem und the abhgations that it+ecure+ �'
<br /> . . �� shall remain in effect us if l.ender had not re�uirrd immediute puymcnt in full. Hwvever,Lender is not reyuired to Qrmiit �,
<br /> . � reinstutement iF. (i) Lender hu+ uccepted rc�nstatemen�ufter the commencemcm �il'tiirecloKUre pmceeJing.r with�n two •--�•�••• • _
<br /> years immediately preceding the rommencement af u rurrent forcclotiurc priwecdinF, liil minsiatrment w�ll prcclude ���
<br /> � foreclosure on diiferent rounds in the fulure,or 1 iiil rrinsta�cment will adver.rly uffect the priority of�he lien rmuted by `'•���
<br /> S .��'.r r?::�'
<br /> • thiti Security Instrument. ; ;�•t�.C•,`'..rr-,: -
<br /> � � ' il. Borrower Not Released: Forbearance by I.ender Not a Waiver. �xlenxion of the time uf paymem or •,r,.,; ,��,
<br /> • , modiftcntion of amortitutian of Ihe.unn+erurcd by Ihi�Securily In,truntrnt E�antcd hy Lender�o uny tiucccs+or m inlcrest .
<br /> of Borrawer+hull not operutr w rcleu�c Ihc liabilily of tlx�xiginal BuRi�wcr��r B���rc�wcr�tiu�c��wr �n interest. Lcndrr a
<br /> • �, shull not be required w commence pra:reding+agmn.t any wcrr+�ur in intere,l or rel'usc to extend time for puymrm or f -
<br /> " � atherwise modify amortizution af the +um, tiecureJ hy Ihi� Srcuriry In+lnimrnl by rca�on of:uiy demand m•rde by Ihe -
<br /> original Borruwcr ur Borcowcr��ucccsson in intemst. Any tittF�earancr b)• Lender in excrcising any rigM ur mmedy tihul) --- -�
<br /> ' not he a wuiver of or prerludc Ihc rxerci��uf any righl ur remcJ}�. '-_-
<br /> 12. Successors and AwsiRns Bound;Joint and tie�•erul l.iubility: Co-tii�ncr�. Thc cavenant�and agrcemcnt,of • _---
<br /> �• • this Security Inatrument.hull binJ anJ benelit Ih�,u�c�++nr+und a.�i�n.ol'LcnJcr anJ Burn�wer,wbject w thc prnvisions ` -_,;�.-:=..
<br /> ' .��.;� ' of Paragrnph 9.h. Borrowrr: covrnant. und agiccmrnl� .hull Ix juim anJ +c��rrul. Any Borrow�r who co-ti�gns this ,,u�-��.,:
<br /> , . ��� Security Instrument but Jcx,not rxecu�e thr Nute: li�l i.cn-,igninE�hi.Seruri�y In+trumcnt only to mnnFage,grrnt and �'-.��'_-�
<br /> . � comey Ihut Borrower s imrre�t in Ihr F'roprny undcr Ihr�em»of thi,Sccurity In�trumenr lM)ix not per,anully oblignted to � • _
<br /> ' . . �•�,. puy thc sums�ecureJ by Ihi�Srcurity In,�rum�nt: �nJ 1c1 agrceti�ha� l.cnJrr unJ any uther Borruwer ntuy agrce to estend. .
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