|
.�, �
<br /> _- � ..1': ' i � ' , � . . . .i.`l;� � 1 i_y��� �.'�1�1.`7`, il'' J �i:
<br /> ,.J . . 3i . l 1 t� ��t� _ � rr1w,
<br /> � ' . .... �v.4• . 1,,l� � � '.�i�l'� . 'il`r y�—.= �,�.tl��
<br /> �i • . . . -' _'..,..t','.��-: -�,f.4.la3`.�3'S_ ._._ .._..
<br /> Jlw�:•. i3C {,y�. In:..{•
<br /> t M1 4y��� � . , . . .�.'..11U Mf -��,..�
<br /> - ���' �� �..-..
<br /> � . �� •
<br /> �t_.,..�Y'�ei,�}�, �►,��� ( `� �OJ r �� �,:� —
<br /> �, .
<br /> ���.�,�;. ��y,;;,;,_,,�. �.T ' referred�o in pa�a��ph 2. or change ihe amount of such paymems.Any excess procceds over an amount rcquirod�o puy all �� _
<br /> — :--_-�--' outqandin�indebtedne�under�ho Nate and chi�Secur�ry I�tn�ment dwll be paid to Iho enUly le�ally entided thercto.
<br /> n .� . B.Fea.Lender tr�y ca11x1 fec�and clwr�ea outha�ize�by tha 3ocruary. ---
<br /> ��. .
<br /> 9.�rauad�for Acaler�tlon ot Debl. .., -
<br /> � . � (s) Def�ull. l.ender moy, except as limiled by rcgulaUans issued by the Secretary in the c�se of puYment defaultc, - _�_ ___._�
<br /> � , .. require immedipte p�yment in full aP all sums securod by Ihis Secu�iry Instn�menl i f: - ' '
<br /> (i)Burr�wer drfaults by f�f{Ing to p•ry in full any monthly payment required by�hie Security Inslniment prfor to or f: . ' �.:-
<br /> • an Ihe due dwte af the nezt monthly payment,or
<br /> .. , lii)Bnrmwer defaul�a by failln�. iar a petiad of thMy deys. to perform any alher obligetlons contoined in�his �•,•,,4.��'�..�'"-.
<br /> . Securiry InWrument. 7j��:�•`.""'�,:�_
<br /> " , � (b)Ss�le Witiwut Credlt Approvpl. l.ender shell, if permiued by applicabla law and with�he prior appmv�l af the . -: -..
<br /> � -_ Savetary, rcquirc immediate paymenl in full of all sums securod by this Security Inatnrmenl IF: .: �.
<br /> .. (i) All ar part of the Propeny, or a b¢neficfal interest in a trust owning all or part ai the Propeny, ia saW or L���•�-
<br /> . otherwi�e transfcrtod(ather tlwn by devise or desant)by the Aorcower,and �SIW�"�''�.
<br /> �"'� ...:.�.-;:
<br /> (ii) Tl�e Property is not occupfed by 1he purch�ser or grantee es his or her principal residence, or :he
<br /> purchaser or granta does so oocupy the Propetty but his or her credit has not been approved in accordanoe wilh the � ' _
<br /> �. requiremenu of the Secrettry. ,. , . ,
<br /> .
<br /> ,,,�;:. , '�,:
<br /> le)Na WAlver.IF circumstances accur that would permi�L.ender to reyuire immedia�e peyment in full. 6ut LeMer does ��;,!���°-
<br /> not require such puyments.L.ende�does not waive its rights wl�h respect ta subsequent evenu.
<br /> . (d)Regulallona ot NUD SecnNary. In many cfrcums�anecs rcRulutions issued by the Secretary will limit l.ender'a �'' ;:;��;.;�__
<br /> ',,,;;�, � �ights in the case of paymem defuuUv to requiro immediate payment in full and foreclose If not paid.This Sa,urity
<br /> �`�'��� ..� Instrument does not authoriu acceleration or Poreclosure if not permitled by rogulations of the Secretary. ��y=--
<br /> ''.;'� � �_..-_-
<br /> — (e)Mortg�e Not I�ured.BoROwer ngre�w tha�should this Securlty InstrumeM and the Nate secured thercby aot be
<br /> , eligible for in.rurance under the Netianal Housing Act within b0 days from the detc hercof,l.ender may. at its option -
<br /> ' ^ • and nawithstanding anylhing in paragraph 9, require immediate paymenl in full of all sums sccurod by thia Sau�iry
<br /> Inun�mcnt.A written xtatement of any aWho�iud agent oi the Secrelary datal subsequent to 60 days from the date _
<br /> - --____- herrof.derliniag sa insure tbis 5ectsrlty lnstnsment and the Nete secused thereby.shell hr-deemed conclusive proof of
<br /> ,.. . _ _ _
<br /> ' ' such ineligibili�y. Notwithsianding the forcgoing,this option may not be exercised by l.ender when the un�vdlability.
<br /> of Insuranee is solely due to Lender's fqilure to remit a mortgnge insurance premium to the Secretery. _
<br /> ' 10. Reinct�tement. Bc�Rnwer hns a right to be reinstated if l.endcr hn� required immediate pnyment in full bxaute of
<br /> . Borrower's failure �o pay en onwunt due under the Nate or �his Security Instrument.,'fhis right applies even after forecloau�e
<br /> '� , ; proceedings ere inslituted. To reinslate the Security Instrument,Borrower shall tender in a lump sum all amounts roquirod W
<br /> bring Borrower's account current including. to the extent they are obligations of Bomnwer under this Stcudty 4ntrumatt,
<br /> •• forcclosurc cos�s and reasonnble nnd customury attorneys' fets niul expenses properly associoted with the foroclosure . �_
<br /> ' ' pracading.Upnn refnsta�ement by Bormwer,tl�is Security Instrumen�and the nbligetions thut i�cecuret shell rcmufn in effoct �
<br /> � as if Lcnder had nc�requirecl immediate payment in full. However. Lender is not rcquired to permit reinslatement if:(i)Lender •
<br /> , has accepted reinstetement at�er the commencement of foreclosure proceedinga within two years immediately pc�eceding the ��
<br /> cammencement of a cument forcclosurc proceeding, (ii)reinstate�nent wfll preclude forccloswe an differcnt ground� in the
<br /> '�` future,or(iii)rcinsatement will adversely affert the priodty of the lien croated by this Security Instn�ment. ` - ---
<br /> , 1l.Borrower Not Reieased: Forbearance By Lender Not A WAiver.Extensinn of the�ime of payment or modfficatfon of
<br /> ' amortization of the sumc securcd by �his Security Instrument gmnted by Lender to any�uccessor in interest of Borrower shall
<br /> not operate to rclease the liability of the originul Horrower or Borcower's successor in interest. l.ender shall not be required to
<br /> ' , comrnence proccedings against any successor in interest or refuse to extend time for payment ar otherwise modify amortimtion
<br /> �. of the sums secured by this Security Instrument by reason of any derc�and made by the original Borcower or Bomower's
<br /> sucassora in intere.ct. Any forbearance by Lender in exercising any right or remed�sludl not be a waiver of or prcelude the g;��,.,�,��.;:;
<br /> , � exercise of any right or rcmec!y. f�,.r�s;;.
<br />_ :y. •rr
<br /> � .. . .� ..�����-
<br /> , 1 '. �-���� Pp�1 M s '�.
<br /> , ,
<br /> � n..
<br /> 'T J
<br /> ,� ' .
<br /> __.__'_—'...�.:_ . � • .
<br /> '
<br /> �
<br /> �
<br /> I .
<br /> . �)
<br /> !
<br /> �
<br /> J.y .
<br /> . �
<br /> , � .__.. _ .�..—____'.' _
<br />
|