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<br /> � My amounts dtsbursed Ey Lender under this ParagrepA sha0 b�ome an add�nnal debt of Bortower end be secured by • ' �
<br /> thts Seeurity Inslnunsnt These amounta ShaO bear interest trom the date of dlisbursement at ttee l�ote ratB.and at the option of � :.
<br /> _'-�. .
<br /> ' _< � Lender.ShaO b9 cnm8diateM due end paY8bI9. • •�.
<br /> � ., Bartowet SheU OtomAUY discharge any Fen w�len has ptlot3y ovet this 88curHY Insttument un�ss Borrower. (a)agtees U� �.; .:�.�'�'.
<br /> ` • Y+rt�g to the payment of the oArig�dttan secured bY� ��e mettner acceptab�e to Le�de�; ro)cantests in good faRh the Uen , ` ` "; �_.��
<br /> � . , ` by, or detends against entoccement o� the Gen in, �gal proceedings whict�In tt�e Lenders optnion operata to p�evant the � • � .
<br /> � enior�cement of the Gen:or(c)secures trom the holder oi the Gen an agreement sa�siactory to Lender subordinating.the Qen to � , • ,. : � •
<br />� � this Seair3Y Inst�ument If lender detamines thai anY Part of the PmPerty is Sublect to a Gen wAkh may attain P�tor�Y over this � . .
<br /> Security Instrument,Lender may ghre Borrower a nottce identdytng the iten.Borrower sfiaB satisty the fien or take one or more of .� . -,
<br /> : • y._ the acttons se!torth above w7thi�10 days o1 the gtutr�g of notice. � . �• ..
<br /> s �_-1 -'i.� 8.FE88.Lender mey colleCt fees 8nd Charges autt�otised by the SeC�BtBry. � _ �
<br /> _ � 9.Grounda far�icceteratton of Debt �, ^, :
<br /> _ , . � (a)Deisui4.►ender may. except es Ifm�Ted by regulations tssued by ihe Secratary tn ths cesa ot payment defauQs. � .!`.' . �
<br /> ?, ' requce tmrttsdiata payment in tu.7 0!aD sums secured Dy this Secur�7l Instrumsn!d: ._ . :'`..
<br /> �'� ` � 8artower defautts by tai�n to m tull an montA t reqvhed b this Sscu Insbumetit �ir to ot on � °ti �< -
<br /> _ (� 9 P$Y� Y N R8Ymen Y �Y P r-r`."-.�.�� .
<br /> ?'.• � � the due date oi the ne�d monthM payment.or • � .��,-•
<br /> � •' � � � (ii)BoROwer defauCs by fa�Tmg.for a portod of thMy days.to D�a��Y other obttgations contsFned in tATS Secur3yt
<br /> �.i," - ��
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<br /> ' (b)5812 Without Credtt Approval. Lendet shaU.B pertn3ted hY ePPllceble !aw('mchtdmg sectton 341(dj of the . . � ;j--=.,
<br /> � GamSt Germau� DeposRory Instfi�tions Act o! t982,t2 US.C. 1707}3(�)and w,Th the pdor approval of the Seaeffiry, • �'':. , _ -__
<br />-�rr, .: t requha immBdiate paymern tn fuU o!aU the sums secured by thTS Secu�yr (nstrument ih. .���� ` ��-
<br /> � _ . . :.. ._;•_ ...;:._
<br /> �. (� AU or part of the Property,or a bsrtefleial fnterest tn a trust owning aU or paR of the Property. ts sotd or
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<br /> �iy' ,• . , �. othenv(se trensferted(other than by devise or descent).ertd 4�..r,�;-.;"
<br /> �� " (ii)The Property is not occupied by the purenaser ar grantee as hb or her prfncipal restdence.ar tha pur�eha�er or - •:-�,,,�,�`. '��;
<br /> �:.; `z` �antee does so occupy the Property. bui his or her cred� has not been epproved in accordence w8h the =---
<br /> ,(�;1' .
<br /> #L_ ': , ."_t requQements of the Secretary. ; =- _
<br /> �� � � `��4 (C) NO W83V81. if ctr�umstaT+ces occur that would permit Lender to requUe Immediate payment fi full, but Lender � , ,_
<br /> j.` � � ° does not requhe such payments.Lender does not weiva @s r(ghts tivRh respect to sobsequent events. v��
<br /> •<.� � . � �.� (d) RegulaUons of HUD Secretary. rn many crrcums�ar�ces reeu�acrons issued by the SeCreteryt wm mnft � :•�`���a�r�'
<br /> ��•' �- . . . Lenders rights, (n the case ot payment defautq, to require tmmed(ate payment in fu0 end foreciosa B not patd.Thts ,. ', "�:."'�' ,
<br /> � Security Instrumen!does aot autt+ori�e acceleratSon or fcrectosure 9 not OertniUed by reguiations of tAe Secretery• +�'�.�,f,L �----
<br /> �"•` `,.`� (e) MoK�age Hot Insured. BortBwer agrees th8t @ Mls Seaurdy 1nSWment end t�e Note Are�ot determTned to --
<br /> i';' . be eligbte tor insurance under the NeUonai Housfig Act wfthln�Og____d_�_(9b1 from the date hecBOf. Lender .....�
<br /> � �: - �
<br /> :'•�•� � may.at fts option require immediate Payment in tuQ of ail sums secanBd by this S2cur�ty InsbvmenL A wrftten stetement -
<br /> ' of�lny&uthOrfisd egent ot Me Secrel8ry dSled subsequent to#Gf d8j[S(�01 from the date hereof, daclfning - -
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<br />_ • � � to insure this Secun'tyr Instrument and the Note,shaU 6e deemed conciuske proof ot such ineligiDiRy. NotwRhstending �
<br /> the foregoing,thts opUon may not be sxerctsed by Lendar when ths unevailab�ity of fnsurance Ls sofety due to LenQers `,'�--��
<br /> .. � , . '��
<br /> . ,. • . taiWre w remB a mortgage insurance Dremtum to the Sec�etary. .'""_•=:,
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<br /> + - - �� --� 10. RelllBtflt�2fR@nL Borrower has e�tgrit W be reinsmted B Lender Aes required Unmediate payment fn fu0 because of � ; __ =
<br /> � � Borrowe�s faihue to pay an amount due under the Nate or this Secu�ly [nsUUmen4 This r�ht appltes even after foreclosu�
<br /> ' • proceedings are instituted. To refnstate the Security Instrument, Borrower she6 tertder fn a Wmp sum all amounts requUed to . � . ,�'�'
<br /> � ..T'�`-_..
<br /> • bMg Bonowers accaunt wrrent (nctuding, to the e�ent they ar� obif�gatbns ot Borrower under this Secu r�T y Instrument. � �:,�j::,
<br /> • foreciosure costs anQ reasonable and customary attomeyis fees an0 e�enses propeAy associated witt� the torectosure . . • __
<br /> :. � . , proceeding.Upan reinstatement by Borrower,this Secufiry tnsbument and the obt�attons that ft secures sfiail remain In eHeat as _ _
<br /> . '�' H Lender had not requ(red Unmediate payment in fulL However, LenQer is no!require0 to pertnB reinaffitement iL• (q Lender has ••• _-
<br /> tn �• �. • accepted reinstatement after the commencement of torectosure proceedings w�htn twa years immediatory preceding the JY
<br /> �� , commencement ot a current(oreatosure proceeding. (ii)reinstatement w01 precUde tocectosute on difterent grounds in the Nture. � •�=_
<br />�:.; . � .
<br /> - • - . - - or fm�reinstatement wili adversery eifeCt the prta�Tyr ot 2hs L'ca crptsd by lh(s Securdy InsUUment
<br />�;.,,�.�. ..� 11. Borrower Not Released; forbearence By Lender Not�► Waiver. Exfension of tAa time o}payment or • ,: ' `
<br /> - � • mod'Aication of amortirallon of the sums secured by this Secuidy Insuumen4 granted by Lender to eny successot in interest o! .
<br /> � ' � Bonower she�l not operate to release the Ilabitityr o}the original 8orrower or Bortowefs successor In interes�LenQer ahall not be
<br /> requhed to commence proceedings agalnst any successor (n interesi or retuse to extend time tor payment or otherwise modNy . . � ,
<br /> •� � amortimtion of tha sums secured by this Security Inswment by reason af any Oemand made by the original Borrower or , . �
<br /> , ' � Borrowers successors in interesf. My forbearance by Lender in exercbing eny Aght ot remedy Shall not be a wetuer o1 or • ..
<br /> ' precFuCe the exercise of eny rlght ar remedy. , . .
<br /> . -. . + 12. Suacesso�s and Assigne Bound; Joint and Several Liability; Co-slgnera me cove�anes end �. .:jt `
<br /> j agreements of this Security InsUUment shaU bind and benetH the successors end asslgns ot Lendet and Bortower.subjeat to the � � .
<br /> _��,� . � provislons of Paragraph 9(b).Bortowers covenents and egreements she11 be Jo�t anA several.My Borrower who co-signs this
<br /> ' ) Securfty Insuument but does not execute the Note: (a)is co-slgning this Security instrument ony to mortgage.grant and convey . •
<br /> that Bonowers interest in the PropeRy under the tertns o1 thls Security InsWment; (b) is not parsonairy obiigated to pay the
<br />: � sums secured by this Security InsWment;and (o) agrees thal Lender and any other 8orrower may agree to mR�nd, modiry. . ' .
<br /> lorbear or make any accammodations with regerd to the term o} this SeCUn1y instrument or the Note without that BoROwers
<br /> • consent. • .
<br /> �,' . . .
<br /> 13. NO�C89. My notice to BoROwer provided for in this Security InsUument sh011 be given by detiverfig it or by ma�ing it .
<br /> � by first class mail unle5s appikabte law requireS use ot ertothef inethod.The notice shall bA dUected to the Property Address ar .
<br /> any other address Borzower designates by notice to Lender.My notice to Lender s�ap be given by fust ctass maU to Lenders �
<br /> � . � address stated herein or any address Lender deslgnetea by nat�e to Bonower. Any notice provided (or In this Secur7ry .�
<br /> Instrument 5ha11 be deemed to have heen gken to Bonower or Lender when gNen as p�ovided In thls paragraph. �
<br /> � � 14. Governing Law; Sevevabtlity. Thls SeCUrity Instrument snaU be govemed by fedatel Iaw and the law of the � .. ' .
<br /> ' jurisd;etion in which the Property ls located. tn the e��ent that any provision or ctause ol this Secur"rty tnstrument or th0 Note .
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