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<br /> � (i)�Ul or part of the PropertY.or a beneficial interest in a trust ovruing all or part of the PtopertY. � . . ,
<br /> �� or othe�wise traasferred(other ied byythe p eiue6aseder origrantee as bis or her prinsipal residence. or the . �.
<br /> �- � (n) 'Ihe PropertY is not accup -- :
<br /> pur�haser or grantex does so occupY the �ertY but his or ta�r credit has not l�en appro�ed in :_`�.
<br /> � ,y accordanc,e with the r�uire�ents of the S�Y• immediats payment in full.bnt . ' ' . .� -
<br /> (c)No Waiva.If circ�mnstances occuT��der does nnt waive�its righa w�'ith msPect w subsecNenx events- - •- .r . .�' -
<br /> L e n d e r aoes nnt r e q u i r e sash paYm�• o n s i s s a e a b y t h e Secre t a�y will limit ..- , . —
<br /> ' (��ulativas of HiJD S�►'�• ��Y ��pa�� in fiill and foreclose if n�t • . , ''``'• . .�
<br /> � Leader's rights.in the case of payment defanits,to reqni�e ��.,;;.;,�u,��*�
<br /> paid. This Security Insua���nat authorize acceletatian or foreclosare if not peimiued bY re�ulaaons —
<br /> u;�_
<br /> of the Sectetar5i• Inst�ameni and the TVote are not��-�-"ningt • . - :--_- . "
<br /> - (e)Mortg�ge Not Iasared.Borrower agrees that if this Sec.aritp -.--�'• `
<br /> to be eligi'Isle far iasuiance under the Nadonal Housin8 Acc widun 60 days fmm the date hereof, Lenrler �•'. � .'- : -;Y��:�-
<br /> immedia�PaYment in fnll of all snms secured bY this Secadty lostcm�uen�- p► ..: ' , .-�,.�,��''',
<br /> may, at its opdon, reqaire subsequent w 60 daps from the date heteof, iv,,r�` ,••.:.^,_.,°�-� �
<br /> � wtiuen stat�eat of anp�orized agem of the SecntaiY dac�d :�;.,, . ":�':�.:._ : .
<br /> and the Note, sbari be dee�ed conclasive proaf of sach ..q��r`� _ _iz.�-
<br /> . �Clining to insmre this Sec�ritp lnsuument ixnder when the ..` �._;_- —
<br /> Notwithstandin8 the foregoing, tLis opuon may nnt be exercised by '�{',•,�_:�
<br /> . inelig'b�itp• ` '.�}._ �_
<br /> s fa�me to re�it a mnrtga�;e insorance Pre�°m w t3ie � t� :�,; . ;�•,.
<br />�- nna�vailability of ir�utance is solely d�e co Leader' �. -_
<br /> ��,;�;;�..t;,._ ;�,.
<br /> S�• ri r�be reinstated if Lxnder has recY°ued �mmediaie Fa9�nt ia fnU ,,, .-_--_
<br />' .� 10. R�ostatezue�t• Bomnwer has a �'s �Q�, This right applies �'�.. ', . r:z�:=:�,�-.
<br /> •: Que ander the Note or this Secnsity , �- .
<br /> ,•.:�:�. because af Sorrower's failnte to pay an amouut To rewstate the SacuritY Instnunen�. Borrower shall tender in a �, ,..,. . <<,,,, ,,, _.
<br /> d�<: s are inistituted• all
<br />:�:`��•, even after foieclasate proce�in8 � �to tLe extent they are obligations of �,�_"• ` `�`,:
<br />:„j'�1.�: to bring Borrower's acxount arrrent tndin8 . -'
<br /> ,. , tump sum all amounts r e�a u e d attornsys'fees and expenses ,�;-,'�.
<br />�;'%�{r Boaower ansier tbis Securicy Iast�em•fr�oceedin8•�pon rein���nt b3�]Sa� Secnri Insuament and u`�.: :.;4;,�• �: ���� -_
<br /> uri �rawer, tbis tY ,..�. .'-� ` ,�
<br />'<<��= y associated with the fo�QS�ue p U d � �te yment ia fall. rr,y,�, f•f�;:• ,.t<� '°-.
<br /> ;<`r%`- g� in effect as if IIe��tler ha �� � � ,�n .S;; '��.
<br /> d�e obligauons tl�at it seaues � �n reinsratemer� u°` Cl) Ixnder has accepted reinstate�eni after tLe , �,�•: :..� .,�
<br /> However. Lender is not requira� ba Pemmit ��diately pre�in8 ths commencement off aca�xent ��t���.,..t,"� '�.•�
<br />. �ammencement of foreclosare proceedings witlua two q �� � the fature oT (� :;s'` S;i `�-
<br /> nclnde foreclosiue on different , .5�,, r�Y`.,;��,:��: 'F.
<br /> �� f o r e c l o s a r e p t+o o e e d'n s�• (u) reinstatement wiil P b d ri s S e c�i t y I n s�'�n e�. � . �'� .
<br /> reinstatement wiII adti-ztsely affect the priority of�he lien c r e a t e d Y ' , .�s t, i�i•
<br /> ' L e�d e r Not a Waivar. B�ctension of the time of paymena or '��c�'���;'�`Y�
<br />.;f;, il. Borrower Nat Re2� Forbeuance B9 in • ` , � ` __.
<br />;;;�•;� h this SecuritY I n s�'����b y L e n d e r t o a n y s�tsxessnr �. f'?��M,"t:��_,..-�
<br /> modification of amorti7ation of t�e sams se�ed Y Boaower or Boitower's saccessor in • "
<br /> intereyt of Borrower shall not operate w release the liability of the original r in inte�rst or refose W eatend " �
<br /> ' to commence pmceedings against anY succ�ss° b reason of t�ny '
<br /> interest.I.ender shall not be reqniral S��by�Seauitq Iflsdram�nt Y 'r
<br /> • amorti�ation of the sums ��
<br /> . time for payment or c�eiwise modifY ��"'�
<br /> ':Sf;:�.'., demand made by the original Be�rower or Borrower's successnrs in interest.Any forbeaiance bY Lender in exeicisin� TT• ,'r_
<br /> ema -
<br /> � �uy right or remedY sha11 ant be a waiver of or preslnde the eaercise of siry r�ght or remede covenanis and a�e ''�''�',`
<br /> . au � • - • _
<br /> ' 12.S�aad Assigas Bo�di Jofnt and Sev�al LlabititY:Co-Sil�neis• . . _ ---
<br /> L��ent shaU bind and ber.�fit the saccessors and assig�ss of Lender and Boaower,subject to the � :�_�.::�_.:...::r...�.�: ;
<br /> � of tlus Secarity Borrower who ,...
<br /> . � pmvisionsz of d. h 9(b). Borm�ver's o��+�nts and agc�eements shall be joint and seveial. �Y�1ent nl to —�:J��.:
<br /> . pn``� rc exxnte the Note: (a)is casigning tmis Secu�ry � Y :;°_��"°�
<br />:�:``,;;�:•�: �o-signs this Secwdry Instiume�s bnt does� undex the te�ms of this Secatit�+Instinmeni;(b) • �' .. .�
<br /> '�`y.', ' mortgaSe.8�ant�comrey d�.�T�iYrower's intetest in the ProPertY �nt. 8M1�C�8��LCI�(PEI BIIi�8nY - , r � :
<br />� � is nuL peisonally oblisated to pr7'�3e sams secared bY tt�s Ser.ur►ty to the te�of this T`� '�_�.:-- -
<br /> � �� other Bomower may agtee to extend.modifY.forbear or make any acco�:._�adations with regard � .�,ei�'�?"_°":"R••-
<br /> S�ty I m�U w n e n t u r l h e N o t e w i i h o u i that�rrowez's consent. �';�'=f�:=-:�•..
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