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<br /> Any amounte dlsburesd by Lender under thls Paropreph shsll beaome en fldditlonRl dobl ot Borrower and ba socurad by
<br /> thh Securky Inatrument.Th�se�meunle sholl beor Intorsst Irom tho date o1 disbursoment al Iho Noto rt�to,and at lhu optlon of � „
<br /> . t.ender,shell be knmedlatety due end poyable.
<br /> Borrower ehall pramptly disahtrpo�ny iksn whbh has prlarNy over thb Securfty Instrument unless Oortower: (a) agraes fn :
<br /> �� � • w�itMsp to the psyment o1 the oDllgQtbn secured by the Ilen M m m�nner ecceptable to Lendar; (b)oontaste In pood talth Qho Ifen
<br /> • by, or detendf aqehst entoreernent ot the Ibn In, te0el proc�edlnps whbh {n ths lende►'� ophbn operats to prevant the
<br /> � enlorcomenl o}lhb Ibn;or (a)securoa Irom the holder of lhe Ilen an aqreoment eetis(aotory to Londor subordinathQ the Iien lo
<br /> thls Sacurky Inetrument.II Lcnder detsrminos thet any ptrt o1 the PropeAy Is oub�ot to e Ibn whbh may eltmin prioriry over this
<br /> � - y4�� 3ecurHy Inatn�ment,Lender mey 9►'re BoROwer e not�e Identlfyhp ti�e Ilen. Borrower shen eatlsly the Ilen or teke ane or moro ot '.����
<br /> ��� the actl�ns set lorth a�o ywkhin 10 doys nl the phring o4 natl�e. ''.,
<br /> 0.�eea.Lender ma colfect tees and ahnr�es aulhorhed 6y tho 3ocrotsry.
<br /> t •a��-
<br /> 9. Crounda to�Aaceleratton of Deb4 �ti`�,.:
<br /> �•,; x (A) �DBfeUlf. lender may, ox�ept us t,�P.�d by r�gu�tlon�I;wuod by the Seoretary In tho oaso of�ayment defaufts. �w _:
<br /> t� �i rpqulra Immedinte pay�snt In fuN of all sums se�urod by thls Securky Instmment il: !=�
<br /> (I)Borcowor defauft�6y fAf'lnp to pay In fuli sny monthly payment requlred by thfs Seaurlty Instrument prior to or on '=
<br /> � . ,�,�;' the duo d6to ot Ihe neM monthly payment,or �°��T
<br /> ��..�.
<br /> ._. .____i�.•�_. (li)Bortowar dsteuks�Y taGhp,tar a psr{od ot thirty daya,to pertomi nny other ebll�aUona containod In this Security p-.d;
<br /> ' ^ � I Instrument. F--
<br /> .�� � �0�) Saie Wfthout Credlt Approvai. Lander shall, f1 permktod by applicehte law (In0luding section 341(d) 01 the
<br /> � " r; (iamSt t3ermah DeposRory Instl[utbns Aat of 1982, 12 U.B.C. 1701J�3(d))nnd wtih the prlar approval ot tho�::crei.asy, �-
<br /> � � requke knmedtate pAyment H tull o}all the sums seCUred by this Seourky Instrument W: --
<br /> (i) All or part ot the Property, or n benet�tai hterust In a tn�at owning ell or part ot the Properiy, ts sold ar
<br /> otherwlse Vansforred(othw than by devtse or dascent),snd _--
<br /> k� (Iq The Property Is not occupied by the purcheser or Brantee ae his or her principat resldence,or the purchaser or
<br /> •�,,��'� gnntee does so occupy the PropeRy, but his or her credft has not heen approved In acaordance with the
<br /> � `'' requkemenle of the Secretery.
<br /> (C) NO Vb��11Ve�. It oYCUmstences oscur thet would pertnit Lender to requka Immedlate peyment in tuil, but Lender
<br /> 'i •� does not�equtre such peyments,Lender doos not wahro ils riphts wfth respeat to subsequert events.
<br /> '• (d) Raguletlons of HUD Secretary. In meny ckcumstances reguletbns Iasued by the Secretery win limk
<br /> Lenders right�, in the case of payment defeuks, to requke knmediate peyment In tull end forecbse a not pstd.This
<br /> .., 56CUrKy Instrumant tloes not euinarize accoiendiivi�ui�or-.�.�;surs Y nai�^'c�!l:2s3 b�r.:,,:s_l�ns ci!h°C°^f8Y!�)'.
<br /> , (e) MorAgage Not inaured. Borrower egroe�that H this Security Instrument and the Note are not determined to _
<br /> be elfpl6b for insuranca under the Natbnal Housinp Aot wRhin 90 trom the date hareof, Lender
<br /> � � may, et fts optbn require knmadkte payment h full of ntl sums cxured by this SerurNy Inotrument. A wrkten st�temenl
<br /> �`;Y Y k��"� of any authorired apent ot the Secrotary datad subsequent to 9�_ hom the date hereot, declhinp
<br /> -�:�::%,� .
<br />, ,;�•:,iG�:" � to Inaure this SeaurNyr Instrument and the Nale, shell bo d�emed conclusive proo} ot suah Inelfpibllity. Notwkhstondinp
<br /> `M�`,:-i;%� � the (oregotng, this optbm m�y not be oxarai�ed by Lender when the unavallabUiry ot Ineurance Is soley due to lender'e
<br />'__�i��.`�;�� fellure to remit a mortpape Insurance premlum ro the Secretery.
<br /> 10. Relnatetement. Borrower has n ripht to be rehst�ted H Lertder hae requlred knmedfete peyment h full bec�use of
<br />:;i�',��� Borrower's faiUro to pey en amaunt due under the Note or thls Security Instrument.Tlils rlpht epplies evsn atter(orecbsure
<br /> ��^�_-^ proCeedinys aro In6tkuted.To rehstate the Securky Inatrument, Borrower shall tender h a lump eum all emounts roquha� to
<br /> -f,.t� brtnp Bortowers ecCOUnt current Inoluding, to the extent they ere oblpatbns of Bortowar under lhfs Securky InsVument,
<br />;a,����-x� lorecbsure costs and reasonebie and customary attomey'o tees nnd exgnnses propery assoaleted wNh the forecbsure
<br /> r-���;�� proceedinp. Upon re��statement by Borrower,this Securky Instrument end the obtlpetbna that R secures sha0 rematn h sfhat as
<br /> �";;��`*���� II Lender had not requPed Immedlate payment fn fuu. Howevar,Lender Is not required to{rarmk rehsteloment W. (q Lender has
<br />_-i;.�u�� eccepled reNStatert�ent after the commencertwnt of toreabsuro proceedings wkhh two years knmedieitey precedhp the
<br /> ;-:°�_-=�� comnencwnent o!a curront toreobsuro procaedL�p, pq�ehatatement wll► preoludo forecbsure on dMte��ent grounds h the IuWre,
<br />_--_..�� or(IY)rehstetert�ent wle aWe�sey atfect the priorky ot lhe Ifen created by this SocurRy Inetrument.
<br /> - -Y-=�'��� 11. Borrower Not Released; Forbearance By Lender Not � WaNer. EMensbn of the tkne of p�yment or
<br />=���� modHicatbn of amortizetkm of the sums socured by thls Securky Instrument qnntod by Lender to any successor In hterest ol
<br /> =��,�, Bortower shau not operate to rebasa the Ilnbliky ot the orqinel 6onower er porrower's successor h hterest.Lendor shall no4 be
<br />��,�� roqulred to commence proceedinps apahst any successor In Interest or refuse to extend tlme tor payment or otherwlse modily
<br /> _��-j��e7;, amoAizatbn ot the sums secured by this Securiry InstNment by roason ot any demend made by the orlylnal Borrowe� or
<br /> ���. Bonowe�s succeaeora fn Intarest. My forbearnnce by Lender In oxeralsing any rlpht or remody shell not be e walver of or
<br /> - ' °"�•° proolude the exerclse Of nny right or remedy.
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<br /> ,. ��;�: �. 12. Succeaaora end Asalgne eound; Jotnt and Seversi liability; Cm-signere. n,e co�enancs and �..
<br /> . � : agroemc�nts ot thls Security Inatrument shall bintl nnd benefk the successors and assipns of Lender end Bortower, subjeCt to the "_�
<br />- " provl�{ona of Peregmph 9(b). Borroner's covenents end epreemento ehall bo joh�t and several. Any Bortowar who co-sqn� thb �..-;•_
<br /> . , . � Security Instmment but does not execute the Note: (a) Is oo-slgning thls Securfty Instrument ony to mortgage,grnnt and convey '
<br /> _. t thnt Bottowers fnterest in tha Property under lhe tertns of thls Securky InatNment; (b) Is not personaliy obifgated to pn�v the ��`�
<br /> sums securod by thl3 Securky Instrument; end (a) agreas that Lendor and any other Bortower mey agreo to extend, modiy,
<br /> i7;�'°'f � forbear or mako any ocaommodatbns wRh regerd to tho tortn of thls Socuribj Instrument or the Note wfthout that Borrowere -
<br /> ''�'"` °�_t � consent. �
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<br /> � 13. NOtICeB. My notiCe to Borrowor provided for In thls Security Instrument shall be gtven by delNering R or by mallinp it �
<br /> " by IYnt oinss matl unfess eppllcabb I��v requkes uso ot enothor method. The not�e shell be dkectod to the Property Addross or
<br /> �. eny other address Bortower dasignetes by notfce to Lender. My notlCO to Lvnder shall be �;Iven by firKt ctass maii to Lenders
<br /> ' address staled herein or any address Lender deslgnatos by notfce to Bortowor. My nottco providod lor In this Security
<br /> � Instrument ahall be deemed to have been given to Bonower or Londer when gNan ns providad In this paregraph.
<br /> ' 14. Governing Lew; SeverebUlty. This Sacurity Instrurnent shnli be govomed by Federel law ond tiia law of the
<br /> � Jurisd�ctbn In wh�1� the Proporty Is loceted. In the event lhat eny provislon or clauso ol thls Socurity Instrument or the Nala
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