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<br /> "` '�i9 (i)All or pan of die Property.or a beneficial interest i��a uust owning all ot pan of die Property, is sald
<br /> � nr othenvise transferred(od�r.r tl�in by devise or descent),and � :
<br /> (ii)Ttte Prapercy is nos occupied by d�r. pua�.linser or grantee xs Ns or her pri►xfpal residence, or the
<br /> purchaser or grai�t.�e does so occupy the Feoperty but his or lur credlt I�as not tzeen approved in ,
<br /> accordance with the cu{�iremr,nt�of�he Secretnry. . .�.,_��w:"-
<br /> (c) No Ws�lver.If circumstances accua diut would pennit Lrndr.r to rxquin immedlate paymeat in fidl, but .� ,:�.'_..
<br /> �. I.ender dces not require such paymerus,Leader daes n�t wnivc iGS rights with resperc co subsequent events, ,�:�.,:_:_
<br /> (d) ReEulutionv of EIiIQ SecreterY• In�nany circu�nrutnces regulatnoas issur,d by ttxe Secretary wiLl li�uxi�¢ , ;�.;,r ,�•_�_
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<br /> Lender's rlghts,in thr:cnse of paytnent defaulc�. to require iunmedis�te paywent in full aad foxeclas�if uot ';.,,a-•�-�-
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<br /> paid.19iis Securlty In�;m�uent does not authorize acceleradon or foreclosuce if not permltted bY regulaaons .,,L���: .
<br /> .}nu_.,.
<br /> of the Secretary. :r�:=
<br /> (e)Mortgage Not Insurea-Bortower agrees tbat if this Security Iusmm�ent and the Note are not detemtinecl ��._,;
<br /> to be eligihle for iasurance wder tk�Nadon.�l Housing Act within 60 days fram the date uereaf, Lender ::-_ —
<br /> may, at it�opdon, require immediate PaY�e°t in fvll of all snms seuired by this Security Iastiument. A ,;:`''��;�_
<br /> � written�tatement of any authorized�gent of the Secretaay dated subsequent ro 60 days from ttie date hereof, -�"-_ _
<br /> �g��ing �o insure tl�is Securiry Instrument and tlie Note, sha11 be deemed conclusive proof of such ^�� =�
<br /> . iteli�ibility. Notwithstanding the foregoing, ttris opdom m�y nat be eaercised by Lendcr when tlx� �:___
<br /> �, unavailability of insurance is solely due to Lea,der's failure to remit a mortgage iativranc,e premium�o the y:i��?"�'�'
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<br /> ,. Secrctary. ent in full —
<br /> �► 10.Relnstatement. Borrower has a right to be reinstated if Lendet has nequired Immed�ate paym -- _-
<br /> '1'� because of Borrower's failure to pay au amouni due under the Nate or this Sxurity Instrnment. This right appli�s
<br /> ':j` even afur focxlosure proceeuin8s arc iwiirai�. T�'���N�� �� c.��;�y i n�r r u m e n t, B o n a w e r s h a l l t emder ln a
<br /> �.i. Y 8 ��,—
<br /> �,. ,f ��p�m all aznatuits required to bring Borrower's stccount current inefuding,to the extent the are obli adons of
<br />� "� 6o[rower under this Secusi'ry a�uument,fareclo.qure costs end reasonable awd custoin�uy auo�Ys' f e e s and e�c p ense.g "
<br /> .. � properly associated with 2'he forectosure proceeding. Upon reinstatemeat by Borrower, this Security It�atru�ent aad --------
<br /> k' the obliga�on9 that it secuces ahall remain in effect as if I.endet I�ud nos required imraedia�e P3Yenent in fuU.
<br /> F' Eiowe��cr. II.render is not required ca pemaie reinstatemcnt if: (i) Irnder has accepted reinstatement after the -
<br /> comme�ent of foreclosur�proceedia�gs wlthin two years immediately preadin8 the commencement of a current
<br /> foralosure pcoceedin8� (u) ni�s�tement auiU pa�eclude foYeclosure on diffecent grouncls in the fucure. oi (iii) �_`
<br /> �instatement wiA adversely affect the priority of the lien cmated by this Secur►ty Iust�um°nt• e�''=
<br /> 11. Sorrower Not Rel�ased; Forbearance sy I.endes' Not a We1ee�'.$xcension of the tin�e of payinent or
<br /> modiricadon of amoctizadon of the sums secured bY this Seeurity Insmimeut granted by Lender to any suci:essur in
<br />- incecest of Bomower shall not operate to release the liaU[!ity of the original Bor[awcr or Borrower's sucassor in
<br />-. . intecest.Lender shall not bo requiaed to commence proceedinga ageinst any success�r in interest or r�fuse to exnnd
<br /> _ . -. ,�'^. time for paymcnt or ot�er►vise m6dify amoctizadon of tha sums secured by thts Security lnstnuucat by manon of any --
<br />' dem�nd made by the original Borrower or Borrower's successors in Interest. AnY fori�earance by Lender in exercising
<br /> any right or nmedy shall noc be a waiver of or preclude the eaerciso of anq rigl�t or remedy.
<br /> • �2.�,,e����d pa�c3gns Soevnd;Jo(et And Scveral Lla6ilitp; Co-Slgnti's• 'The covet�ants and agteements
<br /> " of t6is Securiry Iastiument xt�all biixl and bcnefit the successors twd assigns of I.ender a�id Bonower� subject to the �_
<br />'- provlsions uf paragraph 9(b).Boaower's covenants and a�cements shall tx joint and several. Any Horrower who Ags;�_
<br /> �ri�,��_
<br />--;.� , co-s�gns this Securlty Iosttument but does not execute the Note: (a)is co-signing this Security Instn�ment only to _�
<br />- - mortgage, greut and comreY tha�Borrowet's interest in the Properry under tLe temis of this Securiry Inst�ument; (b) �f'_
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<br /> �.. is not personally obliguted to pay thc sums secured by tLls Security Iusuument;and(c)agrtea t1�at Lender and any --
<br /> ,' -• other Borrower may agrse co extend, modifY�forbear or make any accommodastions witli reg:t�d to tbe tern�s of chis
<br />,,,�, security Insttuument oQ t2�e Note without that Boirower's wnsent. _—____
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