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<br /> _�.,-`4 �rlVdYik••.NF� '°
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<br /> a�'�+� ". ppyments,which am rcferred to In Purogrep�2,or chunge ihr umuunt of�uch payrnemh. Any excewr proceedv uver un
<br /> _�°°"'^.-""';`':.�"- emountroq uired ta pay ull oulstanding inJebtedne�undcr U�e Nae und Ihi�S�wutity Inctrurnem Khall t�u paid w Ihe entity --
<br /> ---��`:"•—.`--';;� leQally entiNedthereto.
<br /> ti �,>b 8. Fees, l.ender may collect fee�und charger authori�ed by�he Secrotury.
<br /> ������� ° 9. Grounda tar Accekration of Debt.
<br /> . � ��.,.�.,�.-.. �, (a)Defaul� Lender may,except ati limitcd by regulations iss�ucd by thc Sccretury in thc rusc uf payment defaultR.
<br /> � `!`�-,••.-��..�-h.'•y�•�• requirc immediate payment In full af all suma secured by�his Security Inrtrument if:
<br /> _�. ....,..��...�.-� -
<br /> li)Borrower defaulG�by failing�o puy in full uny munthly puymenl reyuind by ihi�Sei;urity Insln�ment prior
<br /> ------M-�----_ - �
<br /> - ? �� : lo ot on the due dute ot'1he next monthly paymcnt,or - -
<br /> r.'�"'�..��'�����° (ii)Barrower defuulw by failing.tor n penod of thirty duys,to perfbnn uny othcr��bliga�ions contuincd in this �
<br /> - ��+�zfr�t!:��ti�;�•a: Security lnstrument. �—
<br /> ,�� � Ib1 Sale Wllhout Credlt Appraval. Lender rhv�l,i(permitted by upplicublc luw and wi�h�hc prior Upproval af�hc
<br /> � Secretury.requine immediatc payment in full at ull the sum,secured by thi,5ecurity Inxtn�ment if:
<br /> ��-
<br /> = (i)All or paA of the Propeny, or a beneficiul interest in a trust owning ull or patt of thc 1'ropcny, is wld or
<br /> -L — � � �. � atherwisc transfcrred laher than by devir,e or descent)by the Borrawcr,und
<br />-�. ` � � lii)The PropeRy iK nui�x:cupieJ by the pun:hakr or grantGC�.+his un c�r principrl residence,ur the purchu,er ___
<br /> ; or grantee daes w oc:cupy the Property but his ur her credit Fias not been uppn�ved in uccordance ��—
<br /> �+� ' with Ihe requirements of tbe Sccretary.
<br /> �,-—
<br /> � ,��-��w•-� �• (e)�W�ive1: If ci�+cumxt�+nce.�K:cur thal wuuW pern�it Lender lu reyuire immrdirale puyment in full,hut I xnder �--_------ =--=-
<br /> - , � does not require such Paymcnts,l.ender dces aot waive i�s rights with respect tu subseyuent evenls. �
<br /> . � (d) Re�ulANonss of HUD Secrewry. In many circumstancey regulntians issucd by ihe Secretary will limit I.cnder'.+ ����-:_. .
<br /> �`�.� •_ flBlllB, in the cuse af payment defuults, to reyuirc immedinte pi�yment in ful) and foreclatie if not paid. 'This —._--
<br /> �:,;,�_ "' Sc�:urity Instrument does not uuthori�e accelerAUon or foreclasurc if not permitted by resulutians uf Ihe Sccretary.
<br /> " '� ' � le)Mortgaqe Not Inszu�cd. Borrower:�grccs thul+hould thi�+Securiry Instrument and the�ote�cun.�l lhrrcby nut �:_^_'
<br />_� '� �� •""-:. � be eligible far insumnce undcr �he Natiunpl Housing Act within g mo�t hg from the __
<br />" • . ' dnte hereaf,Lender muy,at its aption nnd notwiths�unding anything in Pura�ruph 9, rcquirc imtnediute puymcnt in °_'—
<br /> •• full uf all sums secured by Ihis Security Instrumem. A written xtutement of any uuthpri�ed u�ent of the Secretury ���_
<br /> dated subsequent to g mont hs fram the dutc hereaf,declining lo insure ihis Security `���_
<br /> � Instniment und the notc xecurcd�hereby,shull bc dermed conclusivc pronf c,f such ineligibility. Natwithslunding rr-
<br /> � Ihe fore oin , thiti a tiun muy nat be exercised by Lender whcn the un�vailabiliiy af intiururice is wlely duc w �y_ �.� '��
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<br /> ��'''"'i"` ., ' Lende�'s fuilure w t+emit n manguge insurwice premium�a�he Secretary. �_--__.
<br /> .• 10. ReinstAtement. Borrower hus u right to be re�nswted if Lendcr hus reyuired immediate puyment in full becuusc -
<br /> of Borrower� failu� ta pay un umaunt due undcr the�Nate or thi. Security Instrumenl. This n�ht upplies even af'ter F�i��"�°-
<br /> . ' foreclosure praceedings ure inslituted. To reinslute the Securi�y Instrument, Borrower shall iender in a lump sum all r=��'!�`
<br /> .c,c•_,,;:_:.s_ . � umcwnts reyuired to bring&�rrowrr's uccounl current including,to the extent Ihey ure obligatiuns of do�rower unJer this
<br /> _° °_— -�
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<br /> „ Security Instrument,foreclasure costs und reu�onablc and cuctomury nttomeys'feca und expcnsex pn,periy u»uciutcd wdL °
<br /> the foreclosure proceeding. Upon mimtutement by Borrower,this Security Instrument unJ the nbbgutions �hut it serureti - � _
<br /> -'� . shall remain in effect us if l.ender hud not rcyuired imm�diate puymea�in f'ull. Hawevcr.Lcnder i+nat required to Qrrmit �,,.,_.�,__„
<br /> reinstatement if: (i)Lender hax uccepted rems�utement ufter �he ci►mmcncement of foreelosure proceedingx within two ---__
<br /> yeius immediulely preceding the commencement ut'a currenl I'c�reclu,un procceding, (if) n�insWtement will pte�lude —a��`--
<br /> ns � �
<br /> foreclosurc on diffenent ground�in the future,or liiil reinst�icmcnt will advrrsrly at'fec�the priority of�he li��n crcat�d by ,.�r�..��.... '�"
<br /> k..;,•------
<br /> o this Sccurity Instrument. b�''.�'�,��
<br /> il. Borrower Not Released; Forbearance by I.ender Nut a Waiver. Fxtension of the �imc uf payment or �.;��,�;�..
<br /> madificutiun of umuniracion ot'�he.ums,ecund hy thi� Se�urity In,�rument��unted by l.ender�o any succesrar in imere�t �. .�--.�;-:•_;_
<br /> ° of Borrower shall not operalc to r�lca�c thc liabiliry u(tFx nriginul Hurcowcr c�r Horrow�rti succc,sor in interest. Lender. °�"�--^M°- �,
<br /> :. shull not be reyuired ro commence pr�x:ecdingz uguinx� :►ny+ucc4n�or in inlereat or mfwe to raiend tirr�For payment or �� � ,
<br /> otherwix marlify amoni�s��ion of the sumti ucurcd by this Security (nstn�mcnt hy rou.un uf,uiy Jemund ma de by the � 1
<br /> _ ° � oriRinnl Borrower or Borrower;surcc�sorrc in intcrr+t. Any ti�rlxurancc hy 1_ender in exerci,ing uny right or remedy shull ;°, '
<br /> , , " not be u waiver of ur preclude the rxerci+e uf any riEh�or rem�d�. :�„__
<br /> � , 12. Successars and Ar.�igns Nound; Joint and Several�,iabiflt�':('o•tii�qnQrs. 7'hc cuvcnunts und ugn�ementx of � . ' -�.;:.-
<br /> this Security lnsaumtnt shull biMl unJ tx�ncfi►thc wccc,.�m c+nd a+�ign�of L.cndcr unJ Horrow�r,�ubject lo�he provisions t •n • ��_
<br />' of Purngraph 9.b. Barrowrr� covcn:u►ts an�l agmrment.+hull lx joim und ,rvca�l. .4ny Bnrrciwcr who co-higns �hiti (--,;•p:;,��.-,,__
<br /> Security Instrument but does not excrutc�hc Nut�� (al is ru-,iEninK�hiti Security ln.�nimem e�nly to mortguge,�rnnt and � ..,. x�;-v�_=---
<br /> ' • convey thut Borrower's intcmtit m the Pnr�ny undcr�hc t�nns of ihi+S�rurity In�ltument:lk,l i.not personally�ibligateJ Io .
<br /> ' • pay the sumx securcd By�hi,Srcurity In.lrunnnt:and Ic 1:��rer,iha�l.rnJcr and uny nlher 8orrnwcr may a�rcc to e:.tend. � ' �'°'`° -,,,:.
<br /> - �� �. malify,for6ear or makc uny uccommudutiun+with rrgarJ w�hr trrni�ol Ihi�Srcurity In�lrumen�or the Nutc N•�thaut�hat ' _ - s_
<br /> _ Borrowcr�conscnt. t � ����;�.
<br /> 13. NuNces. Any notirc lo Borruwcr providcd tiir in ttu,S�rurity In��ninunt +hull tx�:iven by dclivcring it ur by � . �,+`,-
<br /> • `� mailing it hy fint clu�. muil unlc,x upplicahle law rcyuirc+ u+c uf unuther meth�xi. 1'he notice ,hull he directeJ tu the �
<br /> � Praperty�1c1Jm���►r any u�hcr addrcs+Horruwcr dc�igniue,by nuti«to Lrndcr. Any nu�icc a,Lcndrr tihull b�givrn by "
<br /> �nl clusx rnuil a� I.cndcr;aJdm�+ tiluted hamin ur a�iy :aklr�„ LrnJrr d�,iEn:uc, by nutKr�u Borrnwcr. Any noticc
<br /> � � �rovided for in Ihis Sccuri�y Im�nimcm.hull I+r dcemcJ tu havr Ix rn givrn�o Bcim�wer�tt Lender whrn Fi�•en ax provided ' .
<br /> �n thi�para�raph.
<br /> � . 14. Governinq l.aw;tieverability. Thiti Serurity lminuuunt yhall I•c gu�cmeJ hy F��d•:rnl law anJ tlx law uf ihe ;
<br /> ,; jurirdictiun in whirh Ihe Pro�rly i,kKated. In ihr evcnt ih:n;my pr�,���i��n��r rlau.e ��I thiti Security In�trumem�tt Ihe
<br /> �. Note ccmllict+ with up�lirublr lu�v..uch runtlirl .rhall nut allccl uthrr�m�r„inn�uf 11�i�ticcurily Intitnmirnt or d�r Natr
<br /> , � which can t�givcn rl'frcl withuut thc c�Nitlicting pruvi.ian. I„ih��cnd Ihc ptuv��iun�id Ihi� Scrurny Inxtrument and thr .
<br /> Notc urc drelareJ�o ix.�vcrablc.
<br /> 15. Bvrruwer'z Copy. Fiorr��W�cr,hull Ix gi�•en unc runf�mn�d�•up�•ut thi,S�runiy In�irum�n�.
<br /> , . 16. A�.wiRnment oF Ncnls. Borr��wr, u�h•�mditi�+nnitp n.+ipn�.�nd Irun.t:n�n Lendrr.�II�hr rem.and revcnue,at'�hr
<br /> . F'roperty. 13ortowrr authnriirti Lendrr ur LrnJrr'�a�cnt.tu��+llert 1hr rrm.and re�•�•nue,�inJ herrhv dinca cach ten:nu uf .
<br /> the Pro�xny to puy�he rcntti tu LenJcr nr LrnJrr',.t�e�tl�. I lu��e�rr.priur tn I.rndrr'� nnticr la Num�wer uf Bom�wcr.
<br /> .. brcach oi'sny co�-enant ur agrtemrnt u�thr tirrurit� Irr.�rtn�m�et.li�•nu�+���r+hal1 rc�llcrt:md rzrritr all r�nt�anJ r��rnu�„�f
<br /> thr Pn�p�:rty ati�ru,tcr tor�hc txnclit uf Lcnd�r anJ 13ur�.,��cr. �I'hi>as�ignmrnt ul rcm.r�m.iitutc�un ah,ulWe a+signmcnt
<br /> ' und n��t an atisiEnnunt tirr additi�mid.�curiry unh.
<br /> _ If Lendrr�ivr�nutirr„t hr�ach u►Hui7�,��er. �:u:ill rcnt>recrivrd hy liorcu�+er,hall Ix Ixl�l h� BoR�i�vcr a�tru�tcr
<br /> . -. -- tor bencht ot L�nUcr only.w tv: t�pph�U t�,Ihr .um.•ccurc�i ny �itr �rrun�� in.�rumeni: �n� i.cnticr .nuii ix cmi�icti n.
<br /> culle�l unJ rnccivc all of Ihc r4nt>uf thr Prupcny:and lui carlt Icnant uf thr I'rn��crly,hall pay all rnnt�duc mid unp:uJ lu
<br /> Lcmlcr ur Lcndcr i agrnt on Lcndrr',wriurn dcmanJ tu�he i�ir.m�.
<br /> , Burn>wer ha�nu� exec�ncd��ny priur uti.iEnmrrn�,t ihr renh and ha+ not :md «•ill na� Exrl�im� any art that �vuuld
<br /> • prevent Lcndcr trom r�rrci,ing il�riEht,unJcr 1ht+I':ua�!raph Ih.
<br /> Len�kr.rhall nu1 Ix�r�yuircd tu cnlcr upun. tal�r c�muul ut ur main�ain thr IY���kny Ixt��rc��r aftcr�.ivin�: nonrc��f
<br /> brrnrh w k3urn>wrr. 11ow.•va r.L�ndcr ur u judici:dl� :ip�xnrneJ r�ceivrr m:�J��iu.0 a� an�•tink therr i.a hreurh. An��
<br /> appliratiun ��F rcnt�.hull not cure�►r�vuive uny dcl'aull ur im•uliJatr any uthcr ri�!hi ur reme�h ul I.rndrr. Phi.u.�ienmen�
<br /> uf rents ut the I'mperty�huU tcrminutr��•hen the dcM�ecund h�•ihr tirrunt�• In.trumrnt i�p:ud in full.
<br /> q��er+,����me�•��
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