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201�09��� <br />paid T6is Security Inshvment does not authorize accelera6on or foreclosure if not permitted by regulations <br />ofthe Secretary. <br />(e) Mortgage Not Iasured. Borrower agrees that if this Security Instrument and the Note are not <br />determined to be eligible for insurance under the National Housing Act within 6 0 DAYS <br />from the date hereof, Lender may, at its op6on, req�ire im¢�ediate payment in full of all sums sec�n'ed by <br />this Seciuity Inshvment. A written statement of any awhorized agent of the Secretary dated subsequent to <br />6 0 DAYS from the date hereof, declining to insw�e this Security Instnmment and <br />the Note, shall be deemed conclusive proof of such ineligibiliry. NotwitUstanding the foregoing, flris oprion <br />may not be exercised by Lender when the unavailabiliry of insurance is solely due to Lender's failure to remit <br />a mortgage insurance premium tp the Secteffiry. <br />10. Reinstatemenk Borrower has a right to be reinstated if Lender has required immediate payment in ful] <br />because of Borrower's failure to pay an amoimi due �mder the Note or this Security Ia,gh�ument This right applies <br />even after foreclosure proceedings are instidrted. To reinstate the Security Instnnnent; Bonower shall tender in a <br />lump sum all amounts required to bring Borrower's account cw�rent including, to the eactent they are abligations of <br />Borrower under this Security Instrument, foreclosure costs andreasonable and customary attorneys' fees and expenses <br />properly associated wiW the foreclosure proceeding. Upon reinstatement by Borrower, this Security Instrument and <br />the obligarions tbat it seciaes shatl remain in effect as if Lender had not required immediate payment ia full. <br />However, Lender is not required to permit reinstatement if: (i) Lender has accepted reinstatement after the <br />commencement of foreclos�e proceedings within tvvo years immediately preceding the commencement of a current <br />foreclosure proceeding, (ii) reinstatement will preclude foreclosure on diff'erent grounds in the fuutt�e, or (iii) <br />reinstatement will adversely affect the priority of tiie lien created by this Security Insirument. <br />11. Borrower Not Released; Forbearance by Lender Not a Waiver. Extension of the time of payment or <br />moclification of amorti�tion of the sums secured by this Security Instrumenc granted by Lender to any successor iti <br />interest of Borrower shall not operate ro release the liability of the original Borrower or Borrower's successors ia <br />interest Lender shall not be required to commence proceedings against any successor in interest or refuse to extend <br />time for payment or othervvise modify amortixation of tfie sums sec�aed by this Security Instrument by reason of azry <br />demattd made by the original Borrower or Borrower's successors in inter�t. Any forbearance by Lender in exercising <br />any right or remedy shall not be a waiver of ar preclude the exercise of any right or remedy. <br />12. Successom and Assigns Bound; Joint and Several Liability; Co-Signers. The covenants and agreements <br />of this Security Instnmment shall biad and benefit the succ�sors and assigns of Lender and Borrower, subject to the <br />provisions of pazagraph 9(b). Bonower' s covenants and agreements shall be joint and several. Any Bonower who <br />co-signs this Security Instnmient but does not ex� the Note: (a) is co-signing this Securiiy Instnnnent oniy to <br />martgage, grant and convey that Borrower's interest in the Property under the termis of this Security Instrument; (b) <br />is not personally obligated to pay the sums seciued by this Security Instrumen� and (c) agrees that Lender and any <br />other Borrower may agree to extend, modify, forbeaz or make any accommodations with regard to tfie terms of this <br />SecurSty Instrument or the Note wiffiout that Borrnwer's consent. <br />13. Notices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or <br />by mailing it by first class mail unless applicable law requires use of another method The notice shall be directed <br />to the Property Address or any other address Borrower designates by norice to Lender. .4ny notice to Lender shall <br />be given by first clacs mail to Lender' s address stated herein or any address Lender designates by notice to Borrower. <br />Any notice provided for in this Security Insh�ument s6aI1 be deemed fo have been given to Banower or Lender when <br />given as provided in this pazagraph. <br />14. Governing Law; Severability. This Security Instriunent shall be govemed by federal law and the law of <br />the j�isdiction in wlrich the Property is located. In the event that azry provision or clause of this Security InsGument <br />or the Note conflicts with applicable ]aw, such con#]ict shall aot affect other provisions of this Secwity L�s�ment <br />or the Note which can be given effect without the conflicting provision. To this end the provisions of this Security <br />Inshument and the Note aze declazed to be severable. <br />1S. Borrower's Copy. Borrower shall be given one con£armed copy ofthe Note and of this Security Instrument <br />16. Ha�ardons Snbstances. Borrower shall not cause or permit the presence, use, disposal, storage, or relase <br />of any Hazardous Substances on or in the Property. Borrower shall not do, nor allow anyone else to do, anything <br />affecting the Property that is in riolation of any Environmental L.aw. The preceding two sentences shall not apply <br />to the presence, use, or storage on the Property of small quantities of Ha�ardous Substances that are generally <br />recognized to be appropriate to normal residential uses and to maintenance of the Property. <br />Borrower sha11 promptly give Lender written notice of any icrvestigation, claim, demand, lawsuit or other <br />action by any governmental or regulatory agency or private party involving the Property and any Hazardous <br />Substance or Enviro�entai Law of which Borrower has actual imowledge. If Borrower learns, ar is notifred by any <br />governmenml or regulatory authotity, tbat any removal ar other remediation of any Hazardous Subslances affectmg <br />the Property is necessary, Borrower shall promptly take all necessary rempdial actions in accordance with <br />Enviroamental I.aw. <br />As used in this paragraph 16, "Hazardous Substances" ere those substances defined as toxic or hazardous <br />substances by Emiro�ental Law and the following substances: gasoline, kerosene, other flammable or toxic <br />petroleum products, toxic pesticides and herbicides, volatile solvent�, materials caataining asbestos or formaldehyde, <br />and radioactive material,g, p�s used in this paragraph 16, "Enviro�ental Law" means federal laws aad laws of the <br />jurisdiction where the Property is located that relate to health, safety or eaviroan�et►tal protection. <br />FliA NF9RASKA D� OF TRUST - MER.4 � <br />NF.�OTZ.FHA 05123/17 Page 4 oT 7 w�e�agk� <br />�ia�m iai �� u� iiu i i o � o a i«i�in iim��� �a <br />