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. .. � ��_ . .. ..,. .,,,t..t�..-. ---•.:•_v:rtwnenv.^. .... . ,a��"'._ . ... . ... ._. .��teO��9s&� ' - .. . .. _. .. - .. _ _ .- - . �. '` -� -- -- -- -` -----� _ ��ir{:=r_ _ - --- � � � �� llny eunntiinta �Isi�urnM by I..enciar under thie P�r�pr�ph sh�N 6ecore on �dclftionsl debt oi Bo�rownr �d be oer,urnd hy � ihl:l�cnu�ily IRSt�m��::nt Thc�o arnount3 Rhall hear�nternat tmm lho clate ot dlshureement af the Nale eate, nnrl ut tho upt!on ci Lnndar, eh�N bo ImmedU�tsy due�nQ p#y�ble. �ortowa�hay prornpM/ di�nh�rye �ny N�1 whlch h3s prionty ovar lhla Security litioirument unlass Oarrower: (�) �qreea In wrNhp ta!h�ptaym�nt ol th� ot�Ny�lk�n acured by the Ila�in a rrwnna�CC�plahle to Lender; (b) contssts{n pood hlih th�INIn py, pr d�1�da ag�in61 rniexc�il oi ths Ile�► In, I�q�l proceedinys which In the Lender'e opinlon operats to prnv�nl the e�forc�mmt ol th�Hm; a(G) t�curiw trom th• hdder ot the M�n an �pnxn�nt eatl}lacto�y l0 4en�er eubordinrtlnp the I� to ti;;{:r..:,u��iy Inctrunc�t. I1 L�r,H �fr�.rsm!ne�thnl any pnrt oi the Propary ia sub�ect to e 11en whlch may�tUin priudty nve+this Srw�ity In�uummt. Lmd�r tn�y 6i��B�rror"N N notks Id�nlNyiny the Wm. 9orrowsr sh�N s�tlaty lhe Uen or t�ke one or more ot lhY IICt10tiS 6E1 10AI1 ibAW wHhin 10 d�ys o11he rJYvfng of noUcy. 8, F�� LencNir nMy coMect lese�nd charqtrs euthodzed by lhe Secretary. 9� Qrounds tor Accd�r�tlon af Do6t. (s� t�hult, Lender rn+►y, axcept ss Umltnd by reflut�tlons iasued by the SeareUry M the case of payment d6Gults, requke fmmacli�le pi►yrtMnt In tuN of�A sums aecured by lh{s:¢curKy Insin�mcnt H: p) 8ortower d�tauNs by hiNnfl to pay in 1u11 any manihN paymant requked by thla Securfly Instrumant p�iar:o or on ths due d�ts oe tha�ext monthN P+�Yma+�� or � (f� BoROwer detauka hy i�Ninp,tor a period of thkty d�ye,to peticxm�ny othK oDNgrtio►ts contahed In this Ssauily tnsUUmer.4 (b) Sal� YYitfaut Cr�dit Appraval. Le�dar ahall. M Perrnittsd by�pp8c�bla kw (includfnp eocUan 341(d)01 tAe (3omSt(iam►�In papository Institutlons Act of 1BB2, 12 li.W.C. i�uij3(�) �nd with th�pdor epprov�l of ihq.Sactehry� rnqufre hxrnxli�te payment in tuN of aN the sums secured by thia Ser�N1ty lnstrument iF. -- (1 MI or pu�t oi the Prapaty, or � E�nelld�i fntarsst fn a trust owninp �II or pait ot th� Propaty. Is �dd �x othawlse trensterted (other than by devlse or deaeent),end ('i)Ths Propaty is not occupted by the purchasar or grantee�s hls or her pdndpN residence, or tha purch�s«'or grantes doea so occupy ihe Property, but his w ha credit h�e nut been �pproved in �ccord�na wMh ih� roquiram�nts of th�Sa�xell�ry. t � }�K q�t L�nd�' (c) NO Wdw►. It ckrwmat�nc�s cccur that waild pert�'Rt Lender to raquke Imm�te paymai does not roquk�such payme�ts.Lendx does not w�t�e ks riphts wkh ttapect to aubsqqumt ev�nta. (RI) R��Nl�ons Of HUQ S�C►rtlry• In many cFraimstanose ngulatbna Issuad by th� 3aa�qay wiM Wr�4 Lendsr'a ilghta, fn th� ceae of p�yment deGwYx, to roquke Nrrr�te payrnent in tuN pnd foncloa {i eot W�W. Th�s Sspuity Instrument doea aot nuthor¢e acceleraUon or toredosure fi not pem�ftbd by�syui�Uons ot lhe Sauttxy. (�� M�� hjd IMtUI�d. Bortower aynea that if tlNS SeaxrtY insuumani�d 'u`�:Ci.,i:�:�sat�:'.�ss="�.—�'^ be�liyfbls Ia�inaurance under the NaUonal Housing Act vrilhin 9Q�Ay} hom the dNe heroof. Under may,at Ns oplfon requke��tv paym�t in tuN of aN aums sr..ured by thls St,curityt Instrummt. A wrMten atNar�nt ot a►y euthorized ayent of the Secrott�ry dated subsequent to 90 daw � from th� date her�nf. d�oNning to insuro thb �eairny Inawment';An�tl 9i�e Note, shall bs de�nad co�d�sive proof ot such kieW9ibWly. NohvMhitandny the forepolnq,thle opdon may not i��;?pxnrdsed by I.�nda'when Zhe unavaN�bWry of inaunnca Is solnty due�to Unda'� � faYure to remit a mat9��Insurance pre�r�lum ta 3No Sec�rotary. � 7fl. R�instst��Mt.Barowur hea a rlght to be;rolr�Atated N Lender hes nquk�d Mnme�t�D�Yn�n��^ 1u�b�iM°f ��:; Borronver'e fr'Au4 to p�y an arraunt dua under tho MofA bf ihis S�osttil.y lnstrummt. This rl�ht sr{.�!k�e ev�+ Ml+r fa�dOSUn proceeding� � insdtutad. To ralnaUte iho.5�curity Inahume�t. Borrawer�ghM t�ndar h � kunp sum aM arnaints rwquMrd W bthq Bor�ovo�r's aocouM cunent fnciudinp, to the sxbnt Ehey �re abl3g�tfons o1 Bortowa unciw' 1hW S�cwNY frtsH+m�n� ��(dndosura costs �nd roRSQnpDh �nd custar�ry attomey'e lees an8 •ea�naee ;P►oA�Y �ssociM�d with the lanclown :��ri�p�dk�y, Upa► re(naUtei�unt,;by Borrowx,thla Security Inatrument and the oblipidions thiit R aeourre�th�M rMn�k►in'�l Ks '�,'N I.�nd�r had not requlred ir�ne�H�to p�yrment In fuN. Huwever. Lendev its.nat rec�ired to pem+it r�inalaiat�►t Ih., (�LuM�► ha� ��yd roihst�tement after the cori'an�ehc�ment of foreciosuro pm�oodinys wNt►in twu Y�+rs lnwnad4taN t►�°O��"� � . ,�'oamn�ncwn�nt of�cuaerrt'1orACiosure�iiucaediny. (i� rek�sUtement wi�b'.preduds tor�doaun on dfMerent qrounda h th�tulun, •dr[Nq ninatatemant wid�dver�ey ettec�t the prbrity of ihe Mx►ueated by thls Secuiity Inatrument. ' 11. Borraw�r Ho#Rst�awd; Farb�aranc� By I.�nd�r Nd a W+�iwr.Extenston ot th�dme�al.�u�+++�i a' mudilladon e}se�orUzatlon of tha aurns sea�red bY thia SecurNy Insqvmef��t �nted by LandK to any successor� inEe�sat of gorroww�ah�N not op�rate to�elase the IiablNty ot ihe ori�in�l 8aro+NqT'?r.�8arowx'e succeaeor In k►tKest.Lerxlat shell not b� roquind tu comr�»nce pmcaCtJin9e ay�k�at any auccaasw In Interest or�rnluae to extend Ums tor payment or oth�i',vhe mo�ty ' . unurdx�tlon of the eums ciacured by thls Securily instrument by re�sdn ai�ny �dem�nd m�de hy the oriflir+aad�43bnuwa' or Borruwxb successors in Inidrest. My torbearance by Lender M exerdsk�g eny right a remrdy sFMN not bu a waker o1 or preciudn lhe�xKClss o1 Mny dght or rertfedy. . 12. Suac�seor� and Asst�ns �ound; .io1M �nd S�v�rN UaWlity; Co-siglRUars• Thc+ covenmts end agreerrients ot thla Security Instrume�it shaA bind and beriefit 4he sucsessora �rtd assigna o1 Lender and Borcowet,aubJect to the provialons of ParagraPh Ai'D).Bortower s covenents and�i�reements si�aN be�ok►t e�sSt�cxsral. My 8orrower whu c�•�Ig�s thls Security insdument but does not execute the Note: (a� is co•s{yning this�ecurfty Instruntent unry to mortgnye,grnnl:and canvey that Bortuwer'e {nterest in the Prope�ty under the tertn� of this Sec�rinj.In�Uument; (b) Is not persenaNy obMg�ted to pay tho suma seGUrod by this Security lnsUurnent; and (c) agroes that Lend�r nr:d eny otha Borrowa may agree to extend, nwd'fy. torbeu or meke �ny accommodetions wRh regsrd to the tertn of tAis Securiry tn�?n:irrsnt or the Note withnut ttavt Bnrrowrr's consent. • 13. NOtiG�f.MY notice to Borrower provided tar in this Secumy inairumc�nt snea oe given ny deme��y��:+��v� by fkst d�as maM unless epplicabte kw rcquke�use o1 another melhod.The noUae ahaN be dlrocted to tl�e F'ruperty Addreas w eny other address Bortower deslgnates by noUce to Lender. My noUce to Lender shell be piven by 1'irst class maY to Le+ider's eddress stated herek� o� eny eddress Lende� designetos by notice to Hoirower. My noUce provided tor in fhls Security (nstrument ahaN ba deemed to have been given to BoROwar or Lender whon gMe�i na provided M this paregn�ph. 14. GOV�rning I.�w; Ssv�nbElity. This Securily In�trument shaY be govemed by Federel !ew end the aw ot thn jurfsdicUon in whlch the Property is located. In the evant that any provlsian or dause of thls SecurRy InsWment or the Note F3813.LM�(9N6) Page 3 of 9 451i5 " __ _ _ ___ __