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<br /> • My pmounts disburaod hy Lcndar undcr thl� Puraqraph ahnll bccomo na uddltlonal dob! of Dorro��+cr m�d bo cecured by
<br /> Ihls uecurlty Instrurtwnt. Shose amounta ehall boer interest (ram tho data of dl,bur�cm�nt nt lho Rota rato, �nd flt the optlun of
<br /> lender, ahell bo Immadlatey due and poyabb. ' "
<br /> . Borrower bhall �rompty disChtrpo ony Ifen whbh has prbrky ovcr lhla 5ocurity Inetrument unlasa Borrowar: (e) ograea In — •
<br /> writinp to th�paym�nt of lh�obiqttbn��urW by th�IMn In�rtNnn�r acc�ptobN to L�ndar(b)conHats Fn pood fafth the Ilen
<br /> . by, or datortde npalnst �ntorcert�ant of the lien In, bpal proceedhya whbh h th� L�ndor's ophlan opcanb to prevent tha ,
<br /> - � ontorcemsnt of ths fMn; or(o) secures hom th�NnWw of th�Ipn an oyrewtwnl�at{sfactory to Londw subordinatin� tho I:;n to "
<br /> thls Ga:urity InstrumNit.If Under tWtermin�a th�t�ny p�ft ot th�Property fs subJ�ct b� Bvn whbh may�tt�h priority over thfs '
<br /> '� Security InEtruma�t, Lsndsr rt�y pivs Borrower a not��ider►tHyPip the Nen. Borrawer ehall sttbty the Iien or t�kc one or mora ot ,
<br /> ��� the ectbna set torth abow wkhin 10 daya o}ths pNiny o}notsc�. �
<br /> :t�� 8. FOCB�Lsnder may colk�ct fees�nd charpee authorl�oed by ths Secretery.
<br /> "" 9. Grounda tor Acceteratton of Debt '
<br /> � (e) D��UI�. Lendor may, except as NmRed by reyulatbns issuod by the Sxratary h ihe case af payment default8, ' :.,:
<br /> require Immodiate psyment h h:l of aA sums secured by this Securriy Instrument H: � , r
<br /> (t)BnROwer defauks by fui�iy to pny Y+iuH nny monthy payment required by thls Socurity Instrumant p�ior to or on `�`
<br /> the due date o}the naxt�r.nr,t➢�ly psyment,ar � °�y'`-
<br /> (ii)Bortower detauks by [ai�np,tor a perbd o}thirty dflys,to perform any other oblipattona contahed In thfs Security y�,��:�_
<br />- InstrumenG �---
<br /> ., �� �� (b) ale WithQUt Credtt A.�prova�l. de�'ider ShpN, M permitted by eQplfcabM Mw (Inaluding sectbn 341(d)o!the ,-__-�_
<br /> GamSt Germah Deposkory InstRutbns Act oi 1982, t2 iJS.C. 1701)3(dp �nd wRh the prbr approvai of the Secretary, .`:�;,--
<br /> require YrKnedlete payment h tu!o!aN the sums seeured Ey this Secur�lyr InsWrrier�t M: � �x-=-
<br /> (I) Ali or part of tha P�operty, or a beneticial interest h a Wst ownhfl atl or part of the Property, Is sofd or . '�`'�'
<br /> . ` �the�wFSe Vnnslerred(other than by deviso or descent),�nd =�--_
<br /> ' pi)The Property Is not occupied by the purchaser or prant-.a as �IS or her princpal residence. or the pu��chaser or .- --
<br /> � - prantoe does ao occupy tho Property, but hts or hK cnd'R has not b�wi approv�d h accordance w3th th� '.-
<br /> r� _
<br /> :• ,� roquMwner►te of the SiCretery. -
<br />- .,� (c) No iMalver. If etrcumsunces occur that wouid permk Landor to roquln immedi�ta payment h full, but l.endor rr��_
<br /> daaa not nquY�euch payments,Lender does not walve ks riphts wkh rospect to subs�quw►t mronts. �.
<br />_ � (d) Repu4etlons of HUD Secretery. in many c�c„msmncss rsa,ytrons xsu�d ay tns secrecary ww imk =
<br /> ' ' Len�s rinhta. in ihe case ot paymant dWauks, to require Ynmedtata payment in fuM md forecbse if npt paid. Thb -.
<br /> - "� i�'"""� Security InaUumsnt does not aulhorix��cc�M�ntia�or loncbaun M not pKmkl�d by npuMtbns ot tha SacraWy.
<br /> .� � (e) Martya�e Not Insured. BoROwer apnes that M t1�is Security InsWmont �nd the Nota asi noi detorminaJ to
<br /> R�r;. •: � bo eApbq for hsurmce under tha Natbnal Housinp Act wkhsn� Ot dA11�(901 kom the date heroof, Landw
<br /> � may,at ks optbn requlre tmmedfat�payment In tuN ot aN sums secured by thls Secun'ty instrumeni. A written statert�ent _ __
<br />�.��r,:.��:
<br /> .��,.. ot any authorizod�9ent ot the Secretary deted subsequent to il� of dtlys (9�_trom tho dAte hereof, dealhhp
<br />-=� `��"� � to Insura this Secunly InsWment and the Nqte, shaY be deernod concluska proof of suoh ineNp�slldy. Notwilhstu�dhq
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<br />-��-:,�?F; •. . th�forepoinp,thls option may not be auarcised by Lend�r wh�n tha unavaiYbflity of Insurancs b soNy dw to Undars
<br />=��;r�-�:�`� taNuro to ramk a mortpayo hsurartce premium t�tha Seoratery.
<br />_�2?C';t
<br /> —�w,E� . 10. RCIII�tC(IlCi11.Bortowe►hts a dphl to bs reinstat9d if l.M►dAr hae nquind hwnedf�ts payment h tuN b�cnuaa ot _
<br /> --- �'�� BQrrowers faWrs to pay �n �mourtt dw undcr tha Nots a this FMCUrity lnstrumanG Thb dpht�ppYes even after torocbsun -
<br />�'"������ proceadfnqa �n hstkuted. 70 �Nnstat�tM S�curity Instrumin� Barow�r shal t�nd� fn �lump sum YA emounta raqulrad to
<br /> ""'"-'"=� brinp Borrow�'s account cument hctudinp, to tha �ctent they aro obHpatbns of BoROVrK untfx this Sacu►ilyy insWmmt,
<br /> — - -- torocbsuro costs and reasonabb and austomary auomey'e fees and axpmses prop�rry associnted w1h the fooacbsuro
<br /> ------ -= __ procaedtnp. Upon roinstaternw�t by Bortower,this Security InsUUmait and tha obWgatbns that k s�curos sh=1 romah in Nlect u ---
<br /> °-_— M Lendor had not roqutrod hvnedYte p�yment in NY. Howa+rer,Lend�Is not nqutnd to pwm(t rohstatam�nt ih (�Lender haa
<br /> �;,�,�;�� acceptod rehstntwnent �fter the coim�encarnent of foqcbsun proce�dinps withh two yeua irtxrndi�tNy precsdinp th�
<br />—�����u;ti;� comrt�encerr�ent ot a curt�nt tor�cicaure proeeedhp, (i� reinstatement ww preclude forecbsuro on dkbrent arounds in ths luturo, --
<br /> -_—_ or(�rehatat�nent wiN adversely affect the prforRy of tha Wn crsated by thfs Secun'ty{nstrum�nt,
<br />;..'";��i�'
<br /> tt. Borrower Not Released; Forbearance By Lender Not s Watve�.�ccqnsion o�ir�e ume ot paymont or
<br /> � -- modiRcation of�rt�o�tiution oi tM sumf secured by thEs Sacurity Insdum�nt prant+d by L�nd�r to any sucussor (n intarst ot
<br />-=�=-��="1'� Bortower ahal not op�nte to robess tM tiabfltty of ths oriaMtl Baro�wr or Borrowers succKSOr h ht�nst,lend�r shad not be
<br /> ����_:�� requked to cortMnenc�proceadYqa oy�hst�ny aucc�ssor h bt�nst or rWuss to atend thw tor payrnent a otMrwis�modiy _
<br /> -�--��� � emoRh.st[on of tho su�ns secured hy thb Secu►ky InsNument by nason of any d�rt+�nd mads by tM afgMal Borrow�r or �_
<br /> -=,�.v�?`,''�-:. �•_. -_°
<br /> ;'��?.�cr•• - Bormwers successo►� h hterosL My torb�annca by Lander M aocsrcbhp �ny �ipht or n�r+edy shal not W a waFn� ot or _
<br /> =_�:::'%�;.0t preclude the axercise of any riphl or ranady. u-=
<br />�-,�-°"'!..,;.<- --
<br /> ��:'`�.::;'�,:��,`t 12. Successors and Assipna Bound; Jolnt �nd Several LI�bUity; Coyslqners. me cov�nama .na
<br /> ,�.�.. .. ., �.::.
<br /> '�•`: ' ' agrxements o}[his Security Instrumont shaM bad and benet'R the successora and aaslpns of LendK�nd Bwrowar,subj�ct to tM ��-
<br />_ _ : provisbns of Puapraph 9(b). Bortowers Covennnls and aprwrt�ente shal bY Joht �nd SwHrtl. Ar�y Bortowu who co-sipns thb �_,� -
<br /> Security lnstrument but does not execute the Nots: (a)is co-slpnYp this Security Insuumant ony to mortpnfle,pru►t�nd conwy
<br />�:�.'=.' ����=--
<br /> thot Bortower's interest In the Property under the tmns of this Socun'ty Instrume�t; (b) ts not persataly ob1'gated to pay ths
<br /> �i�=�
<br /> - ,- . s�ms seaured by thts Socurity Instrument; and (c) �prexs that Lender and �ny oth�r Borrower rv►ay epree to eodend, mddYy, �;�-
<br />_ �,.� �. ' (orbear or meks any accommocktfons wRh ropnrd to the yarm af thb Sacun'ty InsWmant or th� Nots wRhout that Borrowers `
<br /> �_�'•::_�_
<br /> •.a�'`"'- conse�i. — - -
<br /> - , �', •:' 13. NOUCCi.My not�e to Baroww provided Mr h this SecurRy MsWment shal be yhr�by det�+¢rfnp k or by mafihp R _-
<br /> • � by lirst cless maN unless�ppGr.able low roquirss usa of another method.Ths notic�shaN b�dinctad to ths PropeAy Addnss w
<br /> nny other address Borcowar de�qnates by notice to Lender.My notics ta Under ehal W plven by firct cwaa rtwll to Undare •
<br /> address stated hertin or eny address Lender desqnates by notica to Borrowar. My notics prcw(ded tor 1n thb Security
<br /> InsWment shnN be deemed to have been yMon to Bortower or L4nder whan phren as provWQd tn thb puapnph. � ;
<br /> � 14. Governing Law; Severabltiry. Th(s Security InsWm�nt ahal be Oovemod Dy Fsdenl Itw�nd th� �W ot �n• ���
<br /> Jur�sd(ctbn h whfch the Property is bcated. In the mrent th�t �ny �ovisfon or ckuse of thF� Socurity Inahument a the NOte
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