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.'��I�� �:d� ' •��%•��.�'cPV �}'�� �IY•{�' l�:ii�� �I'�--�i .�:1�..� Tf}NF h�Pt�F�fS�$.,�t��ti:'�:417{. . .. � . .. ;:.�..,�i"'1'.�a�r~x�u.�-�"
<br /> ._. . J'�.l,S.�1..�. SN � 'l. � .� �.. •N d�'/.t i. ��;:�j .�n o�':� •.r ir .an...rr1.���1�Q' _-�
<br /> .4 :$ � � :4 �.� �,.;:,a" '• ��f , n:, ..,.' • �y �y...�,..,.. .
<br /> _ ...:IS;.aL�..�.� _IG^:iSJL-�.._-�_-.. — ------- - ,.
<br /> ' — � . . , 'ifTi.. `• ' � ' __._—._.
<br /> �5 ' " "..,.JL���,.1:'��p �•���" . . . � "
<br />._ '�... . --.1 "�r�.�t�, T v' . w�-�-�� � .� - . _._.-._ ._____ _"'." ._"'" 'J..
<br /> ��, '
<br /> -=-�,:�:�Y.�:� �~�� �:� 92--10�:15
<br /> ��.�;��'_"+11�'—:���• -
<br /> -��m:�=ib�a.:r"�=:�-.�y
<br /> pa�ymontA,which w+e r+efemed ta In Paregraph 2, o�change the wnount of sucb puymen�s. Any excesK praceeds ovcr en
<br /> _ _____.M�._,,t_�.y� ��M �q uircd to pay all outsundin�indcbtcdneaR undcr the Nate end�hia Secu�ity lnatrument ahall be paid to�he endty
<br /> ,��,�.-��� leywlly Culided thereto. —_ -
<br /> ;���"���'"-�""`�'�`� 8. �era. l.endcr may w!l�ct fccs and chargcs authar�zcd by shc Scc�rctsuy. — __
<br /> 'ti,,;�'"'� '�"''`�' 9. Crounds tor Accekratton ot Debt. �___
<br /> (n)Defoul� Lender may,exrep na limited by regulationa issued by the Secretary in Ihe cuse oF payment defnuU�,
<br /> � � " require immediate payment in full of ull sums Recurcd by this Security In�trument if: -r-- _—
<br /> ..� ,.�� (i)Borrower defauita by falling to pay in full any monthly pnyment required by�his Security Instrument prior
<br /> , �;;_;„��. �;,_ ta or on the due date of the next monthly payment,or
<br /> .� (ii)Borrower defauNa by faling,for n perfod of�hiny dayR,io perform uny other obliga�ions conlai�ed in this
<br /> �,: ,x `�` �:�' Secu�ity Instrument. '� v
<br /> �n;;�.�:., ,..,. ;1 ,�_ (b)SWe VYithout Credtt Approval. Lender shall.if petmitted by applicable law and with the prior uppmval of the �j N'��._
<br /> Sxnetery.reqoire immedfate payment in full of al!the sums secured by this Security Incuumem if: �j >�, `:
<br />_ �' "' ''`'°��° (i)All or part oi the Property,or a beneficial i�terest in a wst owning all or part of�he Property,ix sold or -
<br /> _ �'a A/1j+�j,ty'i:::.
<br /> otherwiRe trnnsfemed(other�h�n by devise ar descent)by the Borrower,und �r,� � a ,,,
<br /> - --'���� �;�� (ii)'Fhe Pcopeny i�;not o.:cupied hy the pun:l�a+er or gronteP as his or her prineipal rercidence,or ihe purehaser ���,�',v__
<br /> ,. , � or grxntee does so accupy the PfOpC� t►Yt IIIR or her credit hac not been approved in aecordance ��r.� '
<br /> , , .,';�,t�:j;� with the requinm�erus of the Secretary. �'t _.
<br /> _ ,•�' : �r,`��t,,5;'?,�u�,i.. (e)No Waiver, lf cireumstnnces ciccur that wauld permit I.ender co requi�r immedia�e payment in full,6ut I,ender r�, ;:
<br /> t�(�.�, daes nat require such ps►yments,Lenckr dces not waive its rights with resprr�10 sub.sequent events. ��+
<br /> ; � � � , /r�e�7v ==
<br /> —" � '• ,a+,s+s:�+�R�.��:� (d)Re�+Wtions ot HIID Secretary. !n many circumstances��gulailons�ssued by the Secretary will Ilmit Lender� )
<br /> - , ,, .,;=rr� 7-;:;*r:r,�i�. }� ,Cs--
<br /> __ -�r�,;•,:.:�,:�.• �,..�,�.-• rights, in the case of payment defaulls. to reyuire immediats payment in full and fomcluse if notpa id. This ,�,.,..
<br /> �_.;.,.�,� . .,,.,...;:� -
<br /> .. ,.��.; ;,,.r.,.�; Securiry lnswment doc�not nuthorize accelerat�on or foreclosure if not permitted by regulationx of the Sr.crelary. �an�.;.___ �
<br /> c.�.,�t ,• t� � �v+--
<br /> '�'?;''4,:.,�,f'�':!:.F+:� ' (e)MoMgnse Not Insured. Bortawer agrees that should lhis Saurity lnstrument And the nate secured thcreby not ��
<br />: !'.�_��;,1',.i r.,1" ��'.
<br /> , � ..•i?,c;;,� be eligible for insurance under Ihe National Housing Act wi�hin from the
<br /> .��r� •l p� yuire immedinte a ment in ��� .
<br /> �;�;�}.�,�f;:y date hereof,Lender mwy,at its option and notwithstanding anything in �Q��erc p y _
<br /> ' ' � `•�`" full of all sums secured by this Security Instrument. A written slatement of any authoriud agent of the Secretary ==�
<br /> . �...
<br />. ' . doted subsequent to 8 y,� from the date hereof.declining to insure this Security �_�_-=•--
<br /> . ' '. „ Instrument and the nate secu�i�Y�by,shall be deemed conclnsive proaf of such ineligibiNty. Notwithstnnding ��,�Y„�.
<br /> � � the foregoing.this optian may not be exercised 6y Lender when the unavailnbility of insuronce is solely due to �
<br /> 1.endcrA fuilure to remit u mortgage insurancc premium to the Secrelury. �-�-----
<br /> � '` 10. ReinsWtemenG Borrower ha�a right to be reinstated if Lender has required immedia�e ppyment in full becuuse --=
<br /> ��`•j � •, � � of Borrowcr's failurc to puy an umount due under the•Note or this Security Instn�ment. 7'his right vpplies even after ��,t-,T�
<br /> _ _ �'���''+�}'`� f�reclocum groceedings are insGtuted. To reinstate the S�curity Instroment, Borcower shull lender in u lump sum oll �,��_.;_—
<br /> ' y;;_�� '' � � arnounts uired to brin 8urrower's account current includin ,to �he extent the ar+e obli utions af Borrower under this ' -
<br /> rei! g B Y 6 ���r_�:.•
<br /> :. � Security Instrument,foreclosure costs and reasonable und customary attomey.s'fees and expenses roperly assaciated with �o,,,�,,,.�
<br /> e p
<br /> " the foreclosure proceeding. Upon reimietement by Barrowcr,this Security Instrumcnt and�hc obligations that it secures ----_--
<br /> � • shull remain in effect a�if l.cndcr had not required immediute payment in full. However. Lender is not required to Permil �"�`_==_:
<br /> • • t+eins�atement if: (i) Lender hm uccc:pted re�ntitatemen� nfter�he commencement of foreclosure praceedings with�n two --___—.
<br /> � . ° yeurs immediately preceding the commencement of u current foreclosure proceeding. (ii) reinstatemenl will pmclude —�;.,
<br /> � , forecbsure on differem grouncis in�he(uwre,ar liiil reinstulement will adversely affect the priority of the lien crca�ed by ��''�c�_�_:
<br /> . , �• this Securiry Instrument. �'°�"�-=
<br /> ' I l. Borrower Not Released; Forbearance b� l.ender Not e Waiver. Extension of the t'-ie of puyment or �;-�•--
<br /> � ., a , modificatiun of nmortixntion of�hc,ums secured by thir Securit�Instrument granted by Lender�o uny succeswr in interest �t,�;�_
<br /> of Borrower shall not operote tu releuse the liability of thc nrigmal Borrower or Borrower's succes,or i n intercsl. Lender �'_:�y...�.
<br /> shall not be required ro commence praeedings againzt any xuccc.sor in intere�t or refuxe to extend�irne for puyment or �--,u•��•
<br /> , , otherwise modify umortixation of�he sums secureJ by this Security lnstrument by rcason of any dernand m�de by the �.;���-•�:
<br /> � originnl Borrower or BoROwer;tiucceswn in interest. Any forbcurunrc by Lender in exerrising any ri�ht or remcdy xhall ',r��=
<br /> • na be u w:iiver of or reclude the exercise of an ri ht or rcmcdy. `'�'."r.-'.
<br /> P Y F ��°.;,��;��;-.:_-'
<br /> ' 12. Successors and As.signs Boancl;Joint and Several L.iability; Co•Signerc. 'I'hc covenamx :u�d ugreements of �
<br /> �his Security Inxtrument shull bind and beneG�thr�uccessor.und ustii�m of Lender+md Bc�ROwrr,subject to the pravisions '�''-�'� �
<br /> .�... . ..
<br /> , , ° c�f Porugraph 9.h. Borrower's coven�MS :�nd ugreements .hull tn joim and scvcrul. Any Borcower who m-signs this
<br /> • � Security Instrument but daes na execu�e thr Note: (a)is co-xiFninF this Seruriry Instrument only to monguge,grpnt anJ :
<br /> • • canvey that Bormwer's interest in the Propeny unJer thc tem�+ot'thi�5ccurity Imtrument;Ib1 is not penonully nbligaled to "���;;:^'`_-
<br /> pay lhe sum,,ecureJ by this Secu riry Instrunxnt;and(c 1 agrcrx that Lrndcr unJ any other Bo:mwer may ugree to extend. E_;'"_"°.,;.-
<br /> maddy,fbrbeur or muke uny uccommadalions wi�h regivd iu�he tcrnix of[hn Secunty Intitrumrnt or�he Note without that �.;�,--r"""`
<br /> ' , ', Borrower'.s consent. =' ---
<br /> • ' ° � ' 13. Nolkes. An ndice to Borrower roviJed G�r in Ihis Srcurit Ins�rument +hull tx �iven b dcliverin it or b �'"�' �-
<br /> Y P Y i� Y F Y p•:•.a_„�
<br /> �nuiling it by first cluss mail unlc�x applicable luw rcyuireti u,e �►1'un�xhcr methal. Thr noticr �hall be directed�o the -;K,--..��
<br /> Property Address or uny other snldres�Borrowcr dc�ignatcr hy nnticr Io LrtNlcr. Any noticc ai Lrnikr xhall br given by �
<br /> • first cluss muil to Lcndcr's addrc.� titaied hrr�in ar any adJre.� Lendcr dr,iknatr, by ni�tic� �o Borruwer. Any notice
<br /> .�.,<< Qrovided ibr in Ihix Sccurity Inzirumrrn,hall hc dcrmcJ ta havc Ixcn�.iren�u Burruwrr ur Lcndcr w•hcn pivcn as pmvided
<br /> ' :;. : m this purugraph.
<br /> r , 14. Governin�Law;tieverabilit,r•. This S�ruri�y In.trument.h:dl tx�:uvrrnrd hy I�cdrral lau and �he I:�w of the �
<br /> . . „ � juri�dirtion in whirh thr Prup�ny i+ I�xatrd. In Ihe rvrnl thi�t an� pru�•i�iun ur cl;�usc ul�thi. Scruril�• In.lrument or thc
<br /> IVutc contlicts with uppliri�hle law,,urh runllirt �hull nul affrrt ��thrr pnn•i�iam��t'thi� Seruri�y In.irwnem ur the Notc �
<br /> .. . which run tx givcn rffect wilhi+ut Ihc contlicling pmvi,i�m. 'li,�h�.rnd tiu pruvi.iun.at�thi. ticrurily In+trumrnt and thc � .
<br /> Nate ure decltircJ to Fk x vcnhle.
<br /> � 15. Borrower's Cnpy. 13�xruu�rr�hu11 tx givcn i�nc r�mli,nnrcf c��py ��f Ihi.ticrurity In,trumrm.
<br /> , . • 16. Asyignment oF Rentti. H�irro���e�wiranJitiunall� :�,+ign�.md Ir.►n.tir.t�,l.rndrr:dl Ihr r�nl�anJ rrvcnues�d�hr t
<br /> Pro�rty. Bortower authorin. Lrnikr ur Lrndrr'�uprni,tu c�dleri thr rrnt.and re�rnue+anJ hercM direch r���h I�n�utt uf �
<br /> thc PropcAy lo pay Ihe rents to Lcinler��r l.rndrr'.agrnt,. Iluar�cr. priur Io I rnd�r�notirr ia l�urn�wer uf Barraw�r: '
<br /> breach of any covenant i�r aEn cmcnl in Ihr tirruritc Imtrumrnt.li„rru��rr,h:ill r�,ll�rt:md rerrnc:ill rr�n.:ind rrvrnur.��f '
<br /> �hc Pniprny u,uv.tcr Ihr�Nc tx,i�lit ufl.�ndrr and liurc����rr. Thi�a��ignmrnl ot rcntsr�m.tilulc.an,�h.olutr:�+.i�!nnt�nt
<br /> ti nnd M►t an ussitnmcnt lirr oJJitiunai�rrunt► unh.
<br /> –� If Lender Eivr.nulirr ut hrc:�rlt lu f3�►rru��rr 1:�1 all r�n1,mrri�rd hy H��rn���cr.h:�ll tu hrld h}•Hurru��er:i�Iru�lre �
<br /> � f��r benefit i�f LrnJrr unly.i�► Ik .�rri�,� ����n. .um. •rrurcd hy �hr �r.wi�� In,�rument: Ih� Lrnder .hall Ik entilkd tu
<br /> rullccl und reccivr all uf�hc r��x� uf d�c Nru�xrt)::md Irl.arh trn:mt ut thr IYuprm �I�;�II pa� all ren1. dur anJ unpaid iu
<br /> . Lcndcr orLcnJcr',uNcul�n�L�inl�i'. .�idt�•u.lcu�.wd I.�Ihc I�n.mi.
<br /> Bom�wcr ha. not rtrcutcJ anq priur a��i�mncnt ul►iu nn1. :md ha, n„t ;mJ �ull nnl �xrlumi :�o� :�ct th:u auuld
<br /> • prevcnt I.cnJrr 1'nim rrrreitim�,il.n�hl�undcr thi�P:�raEr.iph Ih.
<br /> I.cndrr .hall not hc rcyuircd lu cnlrr u{xm. ta{,r a,nlrul u(ur m;�int:►in ihr I'r����crt� txt�xr��r:dtrr�:i�m�;n��urr„I'
<br /> - brcach tu Hurtower. Huwc�rr.I_rndrr ur u �udicialh ;ipp��mlcJ �crr��cr m:�� du.0 ;n any tunr th.rr n a hrc.�rh. :�n�
<br /> applkatiun��f rcnl�.hall nat rum ur��ai�r:m) .Irl:�ull ur in�:ihdalr am uthrr rit�lU ar rcmr�h .�I LrnJrr. l�h�.a�.itmuriil
<br /> of nnt.ot thr I'roprrt�.hull h:nnincn���hrn thr�Irla,rrwr�l h�ih� Srcuril� In.numrnt i.p,u�l m t�dl.
<br /> � ��4icr+�.I!�•dt��.�
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