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<br /> � Any amounta dlsbursed by I.er+tkr und�r thk�Psra9reAA sPw� becomw a^ ndd�►` °ns1 debt ot 8ortower and be sacur9d by , � , _
<br /> , ������������ayn�p qi�ay�ar Int�rost from tho d5b o!dLsburscm3nt at the Not9 rate,and et tAe opL'�n ot � `��.,ti : . _
<br /> Lender.sheD bs hurtedlataty Qva Eu►d payabte. � � ��,:-' --_
<br /> UI � .
<br /> 8orrowor 8h�9 DremPti�► d�ehyr83 E+nY L�=n r�nlch haa O�Y over thls SecurdY Insuument unloss 8orrower. (a) a8�9 �^ . • ..�'�'s_' : _�
<br /> . � n seemsd hy th� �n h a mannr as.eaPtsbf�to Lender, (b)aonte�ts in pood taRh ttse�sn � , s_--
<br /> � � wrahp to ths paycn�t ot tts�abUpatio `� `' `-
<br /> eeedings �Ss�h Im tho L.ead�fs opinton op'.�te ta pnsvent tha O ° '�
<br /> � j bY. or defenQs epalnst eMa�rt�e�st o4 the Qen b. la�a� P� t eattafaetory to LQndsr aubordinatb+e tho tien to . � ...�-
<br /> en
<br /> i entar�artwnt of tha Qant or (a)sacur�trosn tRS�oSder ot tha t?�r►an eare��^ . . cv-.�
<br /> Ihts 8ecurdY tnstrumsn�If L9ndsr d�b��s tl+at tny�ut mf tR�PrapeRy b aub;sct to a t�5n whieh may attaln Drto�Y over this � �<. . "
<br /> ��gy�spymw�t, I.dndrsrr m�y qtrr�HQrtaw�r n notico fdanl�yfrt9 the 6r►. Borrower sha�sat�sN ti►s B�n or Yake one or more oi - ,�i,.-
<br /> � � 4 �
<br /> . the e�ttons sat torth a0ow�vRAin t0 daY$of tha pAriny o4 notie9. , �,. -.
<br /> 's. � �.FEC�.Lender may ccUeet fses and ehargos wthortred bY th�SsentsrY• , , . ` f:
<br /> ., ! 8. Grounda tor Asceteratton�Q De�4. ---u—(--:.-_--��-�'<.,
<br /> : I (e)Detaui�ta►aar mzr. �t tls Gn"B4 by rE:gut�sllons issu9d by the SeCretarY in the c8se o!payment da?augs. .,E.�.�.,��_-��
<br /> requira(mrrtiediat�paYr�r+t in ft�9 of ori sums sewrsG by this Sscur3Y Instrurtent tt �
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<br /> � ! (�Bctrower detaulis by tn9h0 to DaY tn tuD anY monlhH OafR�snt raqutred by this Se�ur�y Instrument Prbr to or on .� _ ,• ��
<br /> i ths dae dat�ot ths nad manthry PaY►��•ar . -..- • �
<br /> � � (�BorrowK detautis by fail'n0,tar a per[od of Nlriy daya.to pxfartn any other ob�ns conmh�d h+ths SecurttyY . --,, . . ..,
<br /> . %�.�.:. --
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<br /> � hts4ume�tL . ` �-•
<br /> ,. (b) Sala Without Credit Appsoval. Lendat shaY�U�enrtBUd bY a00�b I�w(hCluQhp soCtbn 341(d) ol the . _& r,���__e:a`g`!� ,
<br /> Q�m�i Qe�mab Depoa�ory Ins!@uttans Aet o4 1982,12 U.�C.1701}3(�)�nd wBh th�P�r�AP�I of the 3eeroleuY, -` ,�,.- �-:
<br />� roqutr�Ymtediats PQY�t h N8 of a8 tAe sums scaired by thts SecurRll tnsUUmant!F. . ...<'�"r-�.
<br /> (ij pp or part of ths Propaty. or • b�clW hterast h a trust ownt� a9 ar DeR of tha ProD�Y� � satd or �..
<br /> ' �.��_._., -, _-
<br /> � otherwtso ttansterted(Other tfien dy davis�at descan!),�nd ��.''==-
<br /> (�7t�ProPenf►Es not oecuPted by the purehtser or qrarttee a.hfs or het OrY►elp4i residena. or Ute purChascr ar , � .��;,� .
<br /> '' '_:.-C•Y..__.
<br /> ,r,'( �anUOe dc6s co cuu9Y tha ProD�Y. �ut Afs or her cred�t has not been aPDroved in ncxordance vr�h 4he , i.fi� __:_—
<br />."t. .. ..,' fbQU f B f f I W 1 t{OI lfi�S�iCiGZBtY• •: c i;���—
<br /> t h t1t0, but Len d e r -.-°•_.,-
<br /> . ' (c) No Vila�rer. �t ctccumstances occur that wouid penmR Lc�ndor to r�+ire Mm�edtata PaYme� - --:-•-.�'�3y`�
<br /> . QoOS not retNYe such paY�ts.Lartdar daes nat waNe @s riphts w�h rss�sCt to subse4�ent ewnts. '�� •
<br /> d R��tatlons ot HUD Secretary. in manY cacumsmneea reau�►ons �suae by we se�xxe�eryr�rn� �� ,.�.. .„� .
<br /> ' I.�tdofs �Iphts. h ths Ce59 Of paY�t d2?au�s.to r¢quit�e 1mmedtato 08Yi►�er►t in fu0 and foroc�ose P Ot p .','� :l,.�•1FJ. ; __
<br /> S�aurgy tnslrum�nt doa nat authorHs acceiwatiac�cr 4oratosuro Y not pamnittte0 by rapuLlUons ot tho�cretarY• , -.
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<br /> (8� MOf���O HOt (tliUfe�. BOrtOwYr Ilp[e�t?�at r thi3 3�cur�fl Instrumer�t and tAO Not�aro not detarPnLted 40 ..
<br /> � .' ba eUpbis for hsurance under tte t��i,irnal Hous�y Act w�hi�� pt da�C►LQ) tram tfia daU hereof, len6er °�•��. ,���} � ,
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<br /> mty.at Qs oD11on reQuYa ttrn�dta^s t�l� (n fui ot a9 s�.^ns�7ed by this SeouriY (nsbumonG A wr@ten atatemas�t ,,.,_w , •`�'.[� rry
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<br /> ot any au4horl�d ng�nt o4 th�Socre'�rY datsd su4SeGuent b� Cf;���90� fcom tM data hereof. Qscinhy .�. �; -: ,r�.;.° _—
<br /> ." t0 tnsuce thle Saeurnl7 (t:�uuurtwnt and the Moie� s�'a�te ��cnnch�s�.��"�a}of suah heltD�iRri NotwChstendfny '.f ._'ii�`-... --
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<br /> ' ' ths to[epoiny,this apTi�n may not be awrcisad�1��r•�tha unava!t¢�iQ��0t Inavrance is safey dua ta Lendere .. ; g� . ;�-
<br /> i 'i�,f. '�4• .`!
<br /> � , fa0u�to camR�mortptqs haurance P�m to tPA Scc�e�'�• '�r '.' _
<br /> � . 10. ReinstakmenL aorrowar nas a�pni w es rsnswtee�wncer nas rea+��rm�edresa ��i��� u� ��'��.�:
<br /> Borrowers taWro to OQY on arrwunt due ander the Nota or this SecurRy Instrumen� Is � oPP �• • � •�,,�
<br /> �.��E '. s_
<br /> • pmcwdhp� ara �at�trd.To Mn�ta� 1��y InsLru,e�enb 8nrrower ahaU tar►dar tn a lump aum e8 nmounts cequtsd to
<br /> �x..,. .�,�-
<br /> Drinp Bomaw�fs account currct►t IncB�d��. to th� c�ctent thsY ere ob�ations of BoRawv under thta &curity InsUumer►t, ' :�"..-
<br /> � � farsctos� costs �nd w�sonabr and c�c�m�rY �tt�wlrs feos a^.� a�enses DroP�Y asaxlatad w1A the torecbsure ..- _�
<br /> .. �%�:sr�c• ._
<br /> procN�np-UAon rc'rr�tem�►t bq Borrar�,chk SaeuRY Instrument ati�fl�obYpations th�t @ tc�urea ehaD remaU�in efleat as ' . '�;�^1 �..
<br /> B len4er had not�Wt�d Ns^+�dt�a DaY�t In 4Yi�. Heu�r.LEnC�i's not�eQuted to porm$reins�t IF. (q Lertdar Ras .-A,�;ie1�,..:..F;,, _--
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<br /> � o�pWO ninstatwrwnt C`Ar �.".a comrrnrwro�nt af f.�rt�.� FTr��f� wRhin two Y� ����' �a�0 the
<br /> o re ow d�'t�Td��:3�1u1Uti� �"����
<br />� . • e,zrnrw�c�r�s!af a wrrant facaciesur�ProcwdtnQ. (��si��crca�+sr!rvID preoLde to�+�u -.s,t .v#.� - '-
<br /> - � or(�rahs�Datr�t wiN adue�a2y aiNat ttw C►�fl o!the�craa�d�,�'�is SecuritY Inatrumen� � .. �� .� .•... < ;'°;
<br />.. . �iF�'�'_' :. '�_
<br /> t1, Hr�.bwer Noi Reteased; Fori�earance By I..en��r 4Vot a Watver.6den3bn o4 tha th�e of Dayrtwnt or �_�.
<br /> mod'fioatlo�c4 amorttration of th�auma s�cund by this SsrurRry Instrummt qianUd by Land�r to any auccc4scr b tntrast of �=,:.._�
<br /> Bortower sh�not oD�to to ni�aN thi Y�bG�y of th�aif.-r.�l Borrowar or Borrovrwa succossot In htoresL lartdee�"�0 not bo :., . ,���,�__
<br /> y .
<br /> . raquired b aa^m�nc�procMdinp�a�a�st any auecessw H Nters�t cr r�tusa to mGan d t l m o f o r D a Y m e n t a r a t i�ui s a m o d H Y , ,.�_
<br /> � � ' ' �rnort�tf�n d Uea surn3 cacwed bY Lr�3m �curRf► InsUUm�nt bY csa�ac� of anY de�an9 mada by tha a�al Gc-�war ar ..,.- �. � _
<br /> . . Bortourws s�xasaors b ht�nst My 1Qtbeuu�c� by Lender b �+a c�p a�Y �W t o r r e r►w d Y s h e i l n o t ti e n .+�.-�r ct a .R��'�
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<br />. pncWd�tha�rerais�of enli rtQht a r�MdY. �_��
<br />.� . . 1�. 5ucce:aora end Ae�slQna Baun�; .ca(�Z a�D Severel Ltab111ry; Co-sipnara m� a��nn�n�s ano , ;:����°�.�;:;::-.,
<br /> �wrtTr�,F=�....,
<br /> � e�eements C7 this SicurRY Insttum�►t aha0 bad and bsa�d th�accc�c.:ars end assiQns o}Lendor and Borrower.s.�:est to tha �w•.�M�--�;:r:�` .
<br /> ha ,
<br /> � � provlabns o!ParapnDh 9@?.Qortowere covaiants and�ts s+.�tJ�bs Jolnt and aevertL My BorrowN who co-sipns 4Ab -�:�.;..}��:;�._:�;,.,
<br /> :. SpCUrQy InsWmant but daa not aacuta 4'9v Note: (a) b Ca9l�nfip CC�Sacut@Y Instrument onty to nwrt$a0�,�r►t and ea��Y .•::�,���'
<br /> that Barowars tntrnst In ths Prop�rtY und�r the tertrs of th18 SecurRY Instrumrsq(b)ta not p�raonaBY obB�aled to OaY �o ._-�.,;_... _
<br /> � � ' snm� seeurid by thl� S�Ca�itY Mstrurt�rr'� ae�d (�) �� th�t Ltndar 4nd any e�Y'� Bortawar may eCrN to w6�nd.mod'iy, - . —
<br /> da :';,-
<br /> . for6oer ar m�ice �y accommod+�ons wY.h raQard to tt�term ot th(s Secur�yr Insdument or the Nota wkAaut thai 8orrowets ' . . �.: -
<br />. consent . . —
<br /> , . 13. NAtIC�s.ltny notie�to Bonower provt6ed tor in thts Seeun'ty Inshrum�nt ah�A be ptv�n by doGveMp 8 or by mnllhg U . _
<br /> • by tiat ci�ss maY unl�ss appYc�E�t�w�equYes uae of Nothe�rtNthod.The nottcw aha0 ba drected to t�s Proparly Address or , . � �.
<br /> � any othar addresa Borrower Qastpnaces by noUce to Land�r•Ar►Y notice to t�ndar ahall bo piven by first ci�sa mail to lendete . _
<br /> ' addmss statod horo'n or uny aQdro3s Lendor dosignues bY notics to BarowM• k►Y notic� D�� ro� h thls Sacuriy - . •
<br /> . Instrument shtl be deatrbd to have been Gl+en to Borrow�or lender whBn piuen a9 Drovlded in thb p�a�re0h• �
<br /> � . 14. Governinp Lav+; SOV@T87Di�iYg►. This SeCUriy tnstrumenl shaU De Qovam80 by Federal (aw and tPie law o? N8 . • " _
<br /> j urisd'�ctlon In whN.ti tho Proy�atY Is tccat°_d.N tho ovsnt that any provisian or ctause of this Security tnstrum9nt or the Notv . . _�
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<br /> _ �y. � P58�&LMO(9l09) Ptp�9 of 6 ��,' � ' - —
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