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<br /> pay�,iwhirb a�e refened to in�P■n��dre a�arot nfw�h pryeient�. My axoess pe�ccaed�a��i`;;�`?:,�;';;:'>:::�;�;'
<br /> amaunt iegucced m pay alY a�g uodec thr N�e a�d thi 5a�ity Iewumeet�bW b�p��d��:�:�;:,�.._�`�>��.
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<br /> ' :-{�)�s� klidCt A1ijt.Ei�!i11�IDt��1 fC�Y�'� -- -- -- �
<br /> requi�e immedias�psya�eet ia fu11 af all sums aecur�d 6y thls Sccarily In�hume�t tf- � - , :♦� .-�,.
<br /> � (�)Banavrer defiuhs by fa�ing to psy in fttlt any monthlY MY���1��bY���Y�PtiO.� �:�`;�;.`��,°�
<br /> IO Ot OR 1hC d11C Q�C Of Q1E 11E7[t Rf011t� S`•�i'.;,e`-�C
<br /> y��� !d t�IS`.�`�:i'�"'�'`���
<br /> - (q)�a�mvver det�ouits bY faffiing.ior s petiod of thirt�days,ia par[ae�n�ttg�ha oblig�� ..:::;--r;��;�Y,
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<br /> $�liy�iall�I►f- .
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<br /> ib)Ssie W�CrtdiE Apprvrsb l.ender shal�.if pem�iued by�pplicaDk faw and witb the priar a�oval of tbe,;'-_,;,:ti,,:�;�;.;,
<br /> . Scc�etuy,requiie;mmediate payn►eat in fult of all the sums secuced by thls Secvricy tnstsumea[i� �.-:�`.;�::�.�;�:�;<<:;:
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<br /> (i)All ar pat of the rt�.ur s beneficial inte�est in a dust ownin�all or piut of the p►opetty.is soid i�s.•,;��:;';:;`::�:_�.
<br /> . otlxrvrise haosferzed(o�dxr uu�a by devisa o�descent�bY the Borrower.and. ��� �:.; : ';s?::;��
<br /> (u7 Tbe Propetty is not occupied by tbe puc�chuer or grantoc as bis a her pru�cipa!r�idaive.oi d�e p�`_:ti:;%._>,�;;'�:�,`..
<br /> gp �yI �j1G Qk�G[1�►'611[ �11S`O� f!C! CTCdII �{it 1101 �!!Jl �l�YEd. . �,>.. -
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<br /> 'Wli�1 vIC IE�]011EIIId{t9 Of l�SOC� � �`>i..�,:`:,,,i;�c
<br /> • i�C}�w�lYl1� �CIICU�?CS OCCII[t}f�L WOU� I.CIIdCf W fi�QU�[6 I/71111Cd1�IC�iylpqll ID fll�,�U[�dA�i ; ,_.`;
<br /> - • Q�'�C,q�lOi - ��t QiyiQ�OtS.1.C(IdCt d0C9 A0l Wa.1VE RS!1$�IIS W11�1 RS�W 511650QIiCfll CVC11L4. � "��,,
<br /> �...L�r� NfTD ScR+etary In mu�y cinc�m�sances re �ssued tE�e w�l l i�i t L e o d e r's '•:�'.,`
<br /> , �.��13�.,�,...__ Sul�tic�a hy tE e SaRet�ryt: • �'•''?";�;::-,
<br />- -� � �a t b e c a s e o f. t d c f a u l t s.t o- immediate p syment ia full and faeclose �f not '[ius ..- .::s,`;
<br /> ____ �g�s,..:� '°c�'re �':i>:-:�:
<br /> Ia.s�ument doe�s�ttiotize xcekration or forcclosutc if not pem�itrcd by�gaUitions of tbe�y.. :i
<br />_ :.,;'.:;.j.+,,,
<br />_ � ' _ �'e3.�rtp�Not Iasured. Bort�awerag�ees drat should thia Sccurity Instrument�tMthe note sec�red tbeteby mt `.;:;;;.:•;•:
<br /> � 6e eligi'bk fa insuranoe nnder the N�tianal H6using Act witbia 8 Inot1t118 �� `.-;;
<br /> -_ � - �ae ijeieof.l.ender may.u Its aption and natwithstuding anyihing in Patatgr�ph 9,tequiie i�me�ate P�Yi(�� _.,;..,..�
<br /> ,� ' ` `�. :.£u�l of all sums secuiod 6y this Socuriry tast�umrn�. A wriuen statenxnrof any aufiiorized saent of�he SecRt�cy ;� `,
<br /> -= ' .':`�ed sabsequent co 8 �onths fiom the date heteof.dcclining to ins�tn tl�is Ssc�riry. ,, .,..,
<br /> seq en :; _
<br />" � Tna�ument and the note secund thereby.shall be deemed canclasive proof of such ineligiAility. Notwithat�nda� :,�:.`_;:;:
<br /> ihe foregoing,this optian may not be exercised by Lender when the unayailabiiity of insurance is solely�e to _ •,.
<br /> �:;�.:•:
<br /> _ .• "'�er�fa➢Iure to remit a mortgage�urance premium to the Sern�tary. . . , --
<br /> ' 10. Re�temeuf. Barower has a nght to 6e tei�istated if I.ender h�s reyuiced imrtudiate payment in full becanse
<br />� - ' o f Bomnae�s f a fl�ue to p a y an amount due under the•Nae or this Security Instrumen� This right ep�lies even after
<br /> . M � fonclosura gs+noezcl'ings ane�nsdtuted. To ninstate the Sccurity lnshumenti �wer s h a t l te n d e r in a lump s u m�I I
<br /> ID
<br /> °�' ama�ss�quiied ta bnng Borrower's account current including.to ihe extent they ane abiigations of Borrower uader this
<br /> Sec�aity Iasncaimen�Foieclosure costs and reasonable and customary attomeys'fces and expens�.wpcoperly a�.saciated with
<br /> the foital�m piaceeding. Upan reinsiatement by Borrowcr.this Security Iastrumcnt and the o ib ig�tians that it serums
<br /> � sbial!rzinain ia effecr a�if Lender had not re�uined immediate payment in full. However.Lender Is tat�equired topetmit
<br /> � � �einstatement i� {�I:ender has accepted remstatement after the cammencement of foreclostr�e proaedings,within two
<br /> . years:�ate��seceding the Gommenccment of a current fareclosure proceeding. fii) reinstatemcnt wdl pnxlude
<br /> foneclosare on differerit gmtutds in the future.ar(iii)reinstatement will adversely affect the priarity af thc lien ctrated by
<br /> . �'- - flsis SecRriry Insmime:�t
<br /> 11. Borrawer l�iat Rek�ed; Forbe�►rance by l.ender NM a Waiver. Eatension af the time aP payment or
<br /> madification of ainar[izatian of the sums secuced hy this Secunty lnstrument granted by l.ender to Any succecsor m interest _
<br /> of Borrower sha}1 nat operate to release the liability of the original 8orrower or Barrower y succecsar m interest. i.ender —_
<br /> shail not be required to rammence praceedings agamst anx succ�sor in interest or refuse ta extend time for payment or ! :
<br /> � ,otherwise modify amarti�ution of the sums secured by th�s Security Insuument by reation oi any demand made by the �:y�°
<br /> oRginal Ho�ower or Botrower's snccessars in interes� Any forbearance by Lender in cxercisirtg any right cx remedy shail
<br /> not be a waiver of ar preclude the exercise of any right or remedy. ---
<br /> - 12. Succescacs and Assigns Bouad;loint and Several4iab0ity:CaSigners. The covenants su�d agnsments af ` _
<br />• this Security Instrument shsdl bind and benefit the successors artd assigns of l.ender and Borrower.subject to tite yravisiom :'-,.�.-
<br /> h
<br /> _ ;,r . � of Paragraph 4.b. Borrower�e covenant4 and agrcements shali be joint and�eve�l. Any BoTrower wha c�signs thix . •'��;;;:;,-
<br /> �� �;. Security Instrument but dces not exccutc the Note: (a)is casigning this Security Instrum:n�only to martgagc,sr.utt rnct ;�.-;-
<br /> conv that Borrower s interest in the Pro rt under the terms of this Securi lnstrument:lb)is nut nanall �hligated ta '• . ;�-;';.`,`:-
<br /> ey Pe Y tY {�e• Y .,,_,
<br /> ►�: pay tl�ee sums secured by ihis 5ecuriry Instn�ment:and(c)agrees that Lender sind�ny ather Borrawer may ctgree to extend. •, f��;;,;
<br /> . modify.forbear ar make any accammodations with regard to the tcm�s af this Security Instrumcnt ar Ux Nao without that p�___
<br /> Barrowcr�consenx .`�`�"`'.
<br /> � •' 13. Notias. At}y notice tQ HoROwer provided for in this Security Instrument shall bc given by dellvcring it or by � •.
<br /> � • mailing.�t by fisss class mail untess applicable law requires use of another meth�d. 'fhe notice sfiall he directed tu the '_ •�r
<br />: � Ptoperty Address or any other addn�ss Barrower dc�ignates by notice to Lender. Any notice to t.cnder�hatl be given by , �
<br /> �- first ctass mail[o Lender's address stated herein or s�ny addres.w I.ender designates by nuticc ta Barrawer. Any nolicc ,
<br /> � •* provided for in this Security Inauumene shall be dcemed to hove hecn given t�Barrower Ur Lendcr when given as providcd � •
<br /> . • ..�.f.�►�;. .. �n this pasagaph.
<br /> '�``�''-'""` !4. Govteeieg Law;Severabillty: 'f'his 5ecurity ins�rument shall be gavemcd by Fedcral law su�d Ihc law u!Ihc i .
<br /> aw..',.. ,�_, • .
<br /> • . . .y 4��•... .;,� jurisdiction in which 3�:e Pro�rt Y it fOC2ICA. In the event thal any prnvislon ar clause of this Scrurity IntitrumeM ur the i
<br /> - - �.- Note conflicKs with�rplicable law.such corrAict ahali nw a(fect uther prnvisian�of this Security fnstrument��r thr iVute �. .
<br /> ' ��'�'�'`�.;` which can be given�ffect withaut t6e confTtaing provisian. To Ihis end�he provitiinnv uf thir 5erurity In�trument ancl tixs � .
<br /> ' ''��","" Note are declared to b�severabl�, , i� �
<br /> . ��'-��- ',-'`: ° !S. Borrower's Cupx Borrawer rhall be given ane canfnrmed cupy af this Sa:uri�y In+trument.
<br /> , • �; � .�; �;, ��� 16. Asgignment af Rents. Barrow•er unevnditionally�s.rigns and tu�ntifcr�t�l.endcr nll thc r�ms�nd revcnurt uf ihc
<br /> �rt;;:' ..: •�:•- Frogcrty. Borrower anthorizes Lcndcr�r Lender's agentv ta collect the rents:md revcnucs;�nd herchy directv cacb tenan�01' •
<br /> � . _ •• _ the Property to pay the ren4v to Lendcr oi i.ender's•agcnts. Hawcvcr,prior to l.endcr ti noticc to H�muwcr of Humiwcr+ ,
<br /> ' _`�`"`"" , breach of any covenant or agreem�t.in the 5eoutity lnxtrumenl.Honawer shall cuilect and receive ati rrn�<:u�l�evenuc�u1
<br /> ,t,��;..,,`,.;- � .
<br /> • ' �� the Prcxperty as trustee for the benefit of I.cndcr and$nrr�wcr. Thiti utisignmcnt of rent�:r��n�titutev s�n.�bv��fute aetiigamrin
<br /> ' '''� ' � � and not an assignment for add"iEiotisil�ccnriry onty. �
<br />�. s»;�::,:�;_ :", If Lendcr gives natia�P breach ta Baaower:.(a)all rents rcccivcd by Hurtotiver�h:dl tx�hrid hy Nurruwcr uy tru�trr
<br /> �' '� •• for betlePit of 4.endet on?y.ta be sfpplied tu the sums sei:urcd by thc Security Instrunuro�:Ib)IAn4er.hall t+4 rntiB�d tu , �
<br /> �=a--�-;�-�- rollcc!and receive aIl of�he rcnts of the Property:suW(r)��ch tcnant of thc Pri�pcny�huti pay.ill«nt�.duc and w�paid tu , ,•
<br /> � - t etrdrr or I.ender's agent an Lcnder's written demand to the tenant.
<br /> " - • ' , • $siTrower has not ex�ruf�any prior assi�nment of tRe rents anJ has ncst and witi nat perfarm any act that wouht .
<br /> • . prevent#..ender from ezerrisin�its right�under this Puragraph 16. . .
<br /> • • Lender shaU not be reqtured td enter upan,ttdce�ontrnl af or maintain�he Prapcny lx;f��rc�v n(zer.Nivin�t nulicc u1 ,
<br /> • . � � bnach to Boirower. However,Lender ot a jud�ctally ap�ointed receivcr may dcr u�ut uny �imc�hcre ir U breach. Any
<br /> • • " application of reats shall nat rure ar waive any dcfault or invalid�tc:uty uthcr ri�ht ur r�m�cdy af Lc���lcr. "1'hl+uy�i�nu�r�n .
<br /> . . . . �df rents althe Froperiy sh�ll termin�te whea the debt secured by the 5ecuri�y In�trument iv paid�t►f'ull.
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