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<br /> ���p�y�OIRSt�$A�E��OIIdC7 i�1C NOfG�1i�.1hIS SKtI[Uj1�5��bG�[DI�iE C�tl�i `
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<br /> (S)�l�. T.l11�Gf IDiy.CxClpt`S��LE$Y�014C LSSI10d bjt,tbC SCC[Ct�f�A l�iC CiSC Of FiYDKfN dCfiU�tS,
<br /> � __. � �_. __ tequit�e immedia�eFsymaK in_full of�ll stmas secuced by t6w�auiry Listrumetn� � - - - -
<br /> -- - . _ - ,---�-- _ #,� � _����}'ss�t t�h':'�his�si�--i�""�..���-�-,�-. _
<br /> , '. o0 0�ao tbc dpe date of the neat monthIy paya�en�or � .
<br /> � u Bamwa defaut�s by f�ilin8,fcr a periai utahirty�ys,to paform Aay otber obfigations cu�ed sn this
<br /> . , Savrity L�strmam� !aw and wit6 the or val of the
<br /> , (i�)S�ie�Vftiwt t,'redit Apprsvsl. i�ender shtll.if pettniaed bY applicabk P� �PR�
<br /> gec�e�Y.n�ine umaed'ute P�►Yment In futi af slt tbe su�sec�ned Iry 166iis Security Inwument i�
<br /> . (i)All ae pitt uf the Prupercy,�or a beaeficial inte�t in a trust os�ming all ar put of the Praperty.is sofd or
<br /> � � _othaMise tranasfemoc!(alhr th�e by devisaar descent)bY tbe Ba�ower.and � -
<br /> (u�'�l�ptoQe�ty is noc occrpied by t6e puc�hss�r�grnntec�s ttis ac bec psin�c'ipal�.cidenca,or ttie purch�ser
<br /> . or g�ncoa aas so oa�py the Pm��eny but his « ner 4meait l�u ,wt ban app�ovoa�ia accordance
<br /> : with the tequaaneats of ihe Sa:setaty.
<br /> fc)No Ni�ivee: If c�nce.t accot tdat woald�it t.ender to t+eq�irnmedistt pay�ent irt full.but i.et�der �
<br /> - does aot iequiie suc�h !yments.l.eader does not wsdve its rights ant6 respect to subsequeat events.
<br /> -- � (�)Re�io�s af+auu Sccrelsr!• in 1panY cir�cumsfaxes tegWatiaas issuad bY the Sa�netary w�!limit I.enda�s
<br /> rights:in'ihe cxs�of payment defaults.to nquize inunediate paYment in full and fotrclose�f notpaid. 7his
<br /> - Securit��asuumsnt Qas aot wti�oriu aocekntion or farxlas�m if not penaiued by ngvlazions oF tln Seaetacy. --
<br /> - ` (e)ll�tatp�e Nat Iasrrtd. Borsowa ag�ees that shouldthis Sawrity Insuument and the note secuced ttrcreby not ---
<br /> - be eligble for iruu�ce ander the National Hausing Acc within �� .: _ _ _
<br /> y � ds�te hc►�eof,L.tndaF inay.�t iu optian aad natwithstandirtg any/hing in�r�1�tequrt�e munodiate WYment in —
<br /> fuU of�ll sums sccuced by this Security Instrumen� A wriuen statement af�y audarize�agent of the Secneiuy �
<br /> �:�`.� daud subsequent to from the date her�wP.declining to insiue this Sec�uiry -�-_-.-_ .
<br /> �------
<br /> Instrumrm aad tbe r�ate�c��by.shaU be deerned conclusive praof of such in�ligib�ity. Natwithstanding ���.;;,
<br /> _ �. . E�K.._:-:..
<br /> , the fo�egoing.this optian may nat be exercised by T.ender when ihe unava�'tab7ity of insurance is sotely dtte ta' ��w
<br /> Lender�failure to temit a mo�tgage in.curance premivm to the Secaetary. �;, �`
<br /> - li �b Baaawer ha4 a right to be reinstatod if l.ender has neciuired immediate payment in full because �-�--:_
<br /> , of Borrower's failute ta pay an amount due under tde•Note or this Security In.mument. 7his nght applies even after ;�x�_.
<br /> forectosure proceedings are instiwied. To reinstate the Secwity Instrument,Hormwer shall tender in a lump sum all �~.�-.�4'�-
<br />- amoonts nquind to bnng Barrower's account current iactuding,to the cxtrnt they aie obiig�tiong of Botrower under this ��_�'�-
<br />- - Socaricy Inmurtxnt,faectas�ue costs and nasonable and cnstomary auorrxys'fces and e�s pruperlY associaced wit1� ---
<br /> t h e f o t e c W s u r e p m c e e d i n& U p o n'�o s t a t e m e n t b y.B a r r o w e r,t h i s S e c u ri t y I n s t r ument a.'"*.�c:,e obli g ations that it sectms ��,�.
<br />- shall nmain in eflett as if I.ender fisad nat reyuirtd inunediaze payment in full. Nowever,Learder is not tequimd to�eimit =._d=_-
<br /> ' ieinstatemeat i� (7 Lender has accepted remstatement after the contmence�nent of foreclosure praccedings wntbui two =-----=-
<br />� � years unnxdiately preced'mg the commencement of a current foteclosure proceeding, (ii)reinstatement will preclude '�.
<br /> � foreclasme on differcnt gra�u►ds ih the futun.ar(iii)ceinstatement will adveisely affect the prioriry of the fien cceated6y - _
<br /> �z���rs-..�
<br /> tbisS�or�y Insttument. �:�,;.: .�;,_�::':
<br /> ' 1�. we� Na Rekased; Forbearance by Lender Not a Waiver. Extension of the time of paymer�or �%- ..�>
<br /> ,.: $orrn �`�- • -,-
<br /> �� modification oi amortization af the sums secured by this Security tnstrument granted by l.ender to any successor in interest --
<br /> �.:� . of Borrowa shall not operate to reteasc the liabiliry of the originai Horrower or Borrowcr:s successor in mteres� Lender � ' _ ' .
<br /> shaU nat be requit�ed to wmmence proceedings aga�nst any succcssar in interest or refuse to extend amc for payment or ;;��•�•°:
<br /> otikrwise madify amortiza6on o£We sums secured by this Security Instrument by reason of any dema�xf made by ihe �:'�,":y-;�=:_
<br /> original Barawer or Borrower's c.»�ssors in interes� Any forbearance by I.ender in eaercising any right or cemedy s� �:,;"�.s r_ _.
<br /> •;;r not be a waiver of or greclude tt*x�ercise of any right or remedy. '_;a.,• �'
<br /> 12. Successors and Assigns Bouad:Joint and Severaf Liability; � ��=-��°
<br /> Co-Signers. 'ihe cavenants and agreemer��:- .
<br /> � this Security ln.ct�umeut s:�all bind and benefit the successors and assigns of Ilr:�er and$a:rowcr,subject co the provis's�s's ���'-�,_�: `:
<br />_ , %, of Parugraph 9.b. 8arrower's wvenants and agreements sha11 be jamt an��everal. Any Borrower w15o co-si��s5is �� .,. : ,
<br /> Secunty Instrument but does not execute the Note: fa)is casignin�this Sc�.�riey instrument only to m�mgage.gra��t;;zd , '� �
<br /> � '� ca�veir that Borrower's interest in�he Pmperty under the terms aE�Itis Security Tnstnment:Cbp is not persanaliy abl�gat�i co " ��• �'r�,
<br /> .•:�_��.�_.
<br /> � � ' pay the sum.4 securcd by this Security Instrumen�and(c)agree+chat L en der an d an�+o t her Sorrower may agree to e�:d. =;:,�;_-_.-^="
<br />' modify.forbear ar muke any accommadatians with regard to the terms of�his Secunty Instrument or the Noto without that �";�'��=
<br /> • Bortower'sconsent. - `:��:
<br />: ' 13 Notiaea Any notice to Harrawcr pravid�d frn in ihis Security lnstrumcnt tihal!be given by Qetivering it or by - :� ; -
<br /> . � mailin�.ix!sv first clas.c mail unless applireblc taw rcquires usc of another method. The noticc shall be directed to the
<br /> _ Property lXddrecs or arry ather address Borrower de�ignates by noticc to Lendcr. Any rt��i�:�:o Lender shaU be givea by =• -
<br /> fitst cl;ss mail to Lenderc uddress statcd hercin or an addtess I.endcr dcsi nate� b na��e to Borrow�r. An suxii:e ' �`�%
<br /> � �:.. -; Y g Y Y .:�,�'
<br />. . _ Qrovided for in this Security lnrtrumem�h�lt be deemcd to have bcen givCn tn Hortowcr oa Gcndcr when givcn as Frovi��ed ,
<br /> - - - -.;::�:�:'- �n this F:uagr.�ph. - -
<br /> 14. Governing Law;Severability. This 5ecurity Instrument tihalt be govemed by Fedeml law and the taw of the „
<br /> ��. .
<br />• jurisdiction in which the Pmperty is focatcd. In thc cvcm ihut any provisi�m nr dau�c uf this Securiry Instrument or the . �.
<br /> •. Note conflicts with a plirable law.�uch amflict�hall nat affect uthcr pruvisions uf this Scrurity /nstrument or the note �
<br /> �'� �• which can be given effect withaw the canilicling provision. To thiti end thc pnwisians of this Securlty ln�trument and the
<br /> �•� Note ure decl�red ta be sevcrable. � �
<br /> � �`' 15. Borrower's Copy. Borrawer stwll he given une ranfarmrd cupy uf ihis Security Intitrument. '
<br /> , ' - . � ' 16. Assianmenf ot Rents. BoROtiver unc�mdilianally a�.ri ms artd trun�fcr�to IA nder all the rentc tmd revenues of the ' :
<br /> .�,:: -
<br /> . � -x:��z.. Property. Bonower authori�ev l,cndcr��r l.ender�.agentti to rul�cct thr rcnt�and revenurs and herehy dirccts each tenant af
<br /> ` ,: '•"�"'�•';"�' the Ikaperty to pay thc rrnts to Lc��der ur l.�ttdr�:ugent.. Hmvcver.prior to l.ender's noticr tn Hone+wcr pf��rrowetc '
<br /> �,,.•:. ;
<br /> . =:� :�.. : brexh of any covenant ar�grcemcnt in thc 5ccurity Intitrumrnt.Hurn��vrr•haU c��ltece and rrceive ull rcnGs und revcnucs�f �
<br /> ' � �..._.;..•' 1 Ihe R�pedy av tru.rtcc f`ur the txucfit��f I.citdcr;tnd Burru«cr. 'Thi�a.+i�;nmcut uf rcntv a�n�titutc�an.�bsulute.�s�ignmcnt
<br /> � ' ..�.��-,�=�:rd�-' �� ;u�d not un assignment for additional�rcurity„nly. . .
<br /> : �,�� If Lcn�3crg�ves nuticc of hrc:cch tu Horro�.rr: Ia►.dl.nnl�rrccivcd by Hurrawrr�hatl6e hc►d hy gunc�a•er a.v austee
<br /> (or benefit af I.tnder nnTy.lu fx�pplicd t��ti�r.urm�ccund hy� �hr Security In�tturnent: Ih►l.ender shall he entitfed to
<br /> , - -.- .- � -- collcct ar�drrccivr al!„!'thr scnt�.,f il�c pee,fxtty,:uid 1c►cach tci�ut+�f thr I'ruperty slu�ll p:�y:�1 rcntti duc;utd unpaid ta _ �. _. _
<br /> _'•._ �' l.cn�e�a:l.end�r�ngrnt ou I.rndcr;ur�urn�rmand tu the tcnant. t .
<br /> . . Hcmmver hae nut exerttted.m)ptinr :�.,i�:urara� uf�he reiu,and ha�not au�1 wiN r.��t pctfutm any act that t4ould �
<br /> � ' � '� ' ;' prevent i.endcr fmm eKrrcitiin�:.itti�i�ht�undc►,thi�Paragr:�ph 1G. R• '
<br /> ° '_. ; . .. Lcndcr sha11 nut t►r rcywrcd tu rntcr upun,t:il�c contru{��f or rnauitain thc Pra�rny Fxf+m�a after giving uuticc uf ;
<br /> _-� . . brexh to 9urrua•cr. Huuc��cr.l.ender�,r a�uJkiatty app„i�ttc�t nyen•er tii.�y du.i.a�.iny tim�thcrc i�a hrca�h. Any `-
<br /> .:=_: � • .�, �� , � �PPNc�ti�n nsrcnt�c shall nnt cure i,r�vaivc any dciauU or ii��alidatc:uia•u�hcr ri�.h�ur rcmedy nf Lcndcr. Thi�a«i�;umcnt ' ' --
<br /> . ,..
<br /> ut mMs utlhe.Nrapetly�hall temiinate«•hen the deht.ccured by thc Srcurity lu5trwurut i�pa�d iu full. ;.___._
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