|
.:.:c. �. . . . - " 4 '
<br /> -. ... r.- . . . . . . '' �
<br /> '.�. . : �...t.t r�....'.: ""_' " -. .. .. .� �.:.. -.
<br /> .t.�.Y-.�S ` '__ _ '' _ — ..___- .._ 4 .-_ -_— - __ �` .
<br /> ., Z _ . . ' '- .- .. i __ _ � "-. — ___..._.._ _ -. , . -�h +: ' . .
<br /> _ ' ,f- .a�. .. . .�� ., . �[`K. .�f�S• . +__�y. �1. . .� . ,�,,�_y. , .ti' `!"�.
<br /> • . . .. �r., . ., ` -� -s . .� ' � ' 'Y .. � . . �.�_ . . . . . . � . . �: ;i.S �L .'Q . -
<br /> �` Y- . . - .. r`l . . -.. ' ' ,' _ ` ' , , � , o ` }�' . . c '. � '�� �c t-..
<br /> �` • . . .� ..:`` r � •,�, . ( ` • - �� � ( .4 ' `. . - iY � ., µ . " , c `. -' , . ` � r.
<br /> - .`. . - � `t``.� r � _ -.� � , <( � . � , • ' � � � .•c.' . . . ` � ..� , `�.` . � c i • � ` „ ". <et ..
<br /> � �� � • r � _�_,..�._.........-_�_�._,_�r�...�..v.e..,._� -r , — - --- - • � , t� .
<br /> ' � ' t
<br /> . . • l..
<br /> . �. `t
<br /> � • � ��A� ��1����� ` -r..__
<br /> , J , �`
<br /> .. _•
<br /> < ,.--T
<br /> , � � .. . -
<br /> . _�,� _ � .. .,
<br /> . • � fi)AU or part of the Property,or a beneftcial interest in a uust owning all or gart af the Property,is so2d � • _ : .
<br /> - .. ' • or athenvise aansfercea(other than by devise or descent),aad -
<br /> (ii)The Property is not oocupied by the pur�haser or grantee as his or her principal residemce.or the -_-=-
<br /> � - purchaser or g�antee does so occupy the Property but 6is or her ccedit 6as rmt 6een appmved in
<br /> � ' �• � acqrdance arith the requirements of the Seaetary. ' .. '• .; . , ".
<br /> e s
<br /> t: . , _f°'. ,
<br /> . . . (c)1lio Waiver.If cir+aimstances occur that would permit I.ender to require immediate payment in fuU,but ��, _,�: �
<br /> ' . Lender does not r�ire such paymeats,Lender does not araive its rights with respe�t to subsequent events. *�-�=�i-
<br /> �, ,t�. (�Regulations of Ii[JD Secreiary. In maay ciraimstances regulations issued by the Sec:etary will limit � , .-_;�
<br /> . Lender's rights,in thc case of payment defaults,to zequi�imaaediate payment ia fuU and foreclose if not ��r�:�;_
<br /> - �' . paid.This Security Instmment does nat�thorize acceleration or foieclosure if not permiued by regulations
<br /> � • ' . ' of the Secntary. ;`' �,� �� -
<br /> , � . - (e)Mortgage Not Iasmcd.Borrower agrecs that if this Serurity Insanment ana tlie Note are not determined t . ...� . -
<br /> � � . to be eligi'ble far insvrance uader the National Hot�sing Act withia 6�days from the date heceof. L�td$r • , •. _
<br /> • . - - •- may, az its option, require immediaae payment in fitll of ail sums secured bY this Seauity Insuument. A . :
<br /> � ' � -- - written statement of aay authorized agent of the Secretary dated subsequeut to 60 days from the date hezeof, �
<br /> • • .. . �decliniag w insiue this Securiry Instruu�ent and the Note, shall be deemed conctnstve praof of sucd� .;_
<br /> . • . iaeligibility. Nota+iWstanding the foregoing, this opdon may not be exercised by Lender when the � .�:�,��_
<br /> ' : unavailability of insurance is solely due to Lender's failure to remit a murtgage insu:aace premiwn to the =-av�-
<br /> _`. . _ ., Secnetary. - --_
<br /> � � 10.Retnstatement. Bormwer has a right to be reinstated if Lender has required immediate paytnent in full -
<br /> , ' •� because of Borrowe�'s failure to pay an amount due under the Note or this Security Insm�ment.T4is right agplies •� _-__-_-
<br /> evea after foreclosur�proceedings are instituted. To reinstate the Sewrity Insaument, Borrower shall teader in a . --
<br /> �- - tump sum all amounts required to bring Borrower's account c�urent inclnding, co the extent they are obligations of ____
<br /> Borrower nnder tbis Securiry Instrument,foreclosure costs and reasonable and customary attomeys'fees anal expeases --
<br /> ' praperly associated with the foreclosure pmceeding. lJpon reinstatement by Bonuwer, t6is Security Instrument aad . . . ;w�,
<br /> .. ths obiigations that it sec�ues shall remain in effect as if Leader had aot required immediate payment in fiill. . ''' '� `�
<br /> ' � However, Lender is nos required to permit minstatement if: r) Lender has accepted reu�statement after the . � �'"'��
<br /> ' ,__� .... ` .,,.�
<br /> . . _ co�encement of foreclosure pmceedings within two yeazs immediately pnceding the wmmeacement of a autent • •`'�,,,�::
<br /> , ��;�
<br />. " foreclosure proceeding. (ri) reinstatement will preclude foreclosure on different grounds in the future, or (iii) , ..,���_
<br /> � � reinstatement will adveisely affect the priority of the lien created by this Security Instnunent. � . ���`�-�
<br /> . 11. Borrower Not Reicased; For6earance By Leader Not a Waiver. Extension of the time of payment or •: ' �' .'.���
<br /> ' � modiScation of amonizarion of the sums secured by this Securtry Insm�ment granted by Lender to any successor ia --
<br /> - interest of Borrower shall not operate to release the liability of the otiginal Borrower or Borrower's successor in . ' '.r�
<br /> ' , . interest. Lender shall nat be required to commencc pmceedings against any successor in interest or refuse to extend =:;.�'g�
<br /> time for payment os otherwise modify aznortization of the swn4 secured by this Security lnsttument by reason of any . '� �
<br /> ., demand made by the original Bonower or Borrower's successors in interest.Any forbearance by Lender in exe�ising �'��'._
<br /> �. . �; any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. . • • �• �� _
<br /> � ' 12.Snccessors aad Asslg,ns Bouad;Joint and Several Uability;Co-Slgners.The covenants and agreements . �_ �
<br /> of this Security Inswment shall bind and benefit the successors and assigns of Lender and Borrower,subject to the � ,
<br /> . prov3sions of paragraph 9(b). Borrower's cavenants and agreements shall be joint and several. Any Boaower wh� •
<br />.. � � � co-signs this Security Insuvment but does not execute the Note: (a)is co-signin�this Security Insuument only to ' . . ..
<br /> � mnrtgage,grant and convey that Borrower's interest in the Property under the tem�s of this Sec�rity Insuument; (b)
<br /> � ' � is not personally obligated to pay the sums secured by this Security lnstrument;and(c)agrees that Lender and any � •
<br /> other Borrower may agree to eatend,modify, forbear or mske any accommodations with regazd to the terms of thls ' �
<br /> '. �� � Security Instrument or the Note without that Borrower's wnsent. • �• ' . '
<br /> .. • . • .
<br /> � .
<br /> , �-0RINE)�seoai.ot oagn 5 0�e mma�s��� . 1 � .
<br /> o • �
<br /> ':� .
<br /> . '
<br /> . .
<br /> ' . � . , 't: , ' .. , .
<br /> �i�_ . .... 3 .:'� . ".'3 ' , -.:.r,�., ... . n.� . •�--a.�: r ., . . �•*w'4�- '�'.L'._ _.' � . � -,• _'T—'T�' —, , .. —. _- -.
<br />
|