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<br /> _ (i)AII or part of the Propeaty.or a benefuial interest ia a aust owning a1l or part of the Pmperty.�s sald er � '.,
<br /> _ `;� otherarise traasfeae�(other ihaa by dcvis�or desoent},and - - - -
<br /> �: } or tee ag hi4 or her al resdenca.ar thc ,
<br /> .: �. (u) 'Ihe Propeity is not accupied by the purchaser Btar► P��►P ved in a�nrdance � :
<br /> _ S_, p�r�ha�r or grantee does so aocupy the Propeny but his on c�r credit has not baen appro �
<br /> .�s' with the requiremeats of tt►e 8ecretary. .
<br />_ :;�.j ent in full.but ,. _ .
<br /> (c)No W�If cina�mstaaces oaatr that woutd permit Lender m require immectiat�PaY�
<br /> ;i l,endes dues uot require suc6 paymeaLS,Leadea dces not waive its rights witb respect m subsequent ew�►ts. � �� . .
<br /> - :;-�. (d) Begnlattuns of HW SecretarY-In manY ciruunstances regvlarions issaed bY the Secretaiy'.will limit C .; . V
<br /> _ •r:• ��•S righ�s,in the case of payment defauits.to require immediatc payment in fnll and forecio�u ff aat paid , .
<br /> �� ans of the � `�
<br /> , �� 'Ibis Seiauiay Iatiaument does not suthorize aflcele�arion or faneclnsure if not permitted by regutffii .
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<br /> i: � ' ' (e)ARortgage Not Insored.Baimwa agree.c that if thi4 Sac�uity Instrament and the Note are not dbtwmined w
<br /> `1� � .�_ .
<br /> `; be elig�ble far u�nrance mader the National Hotising Act w��hin 50 days rom the iat:hereof.Lencles may,at .
<br /> :4 its optian,requue immedi�e Qayment ia full of all svms sewred by this Seauity Instraai�l: A wriuen :.
<br /> s�ement of any awhmized agent of dce 3ecrerarY dated subsequeat to 6U days from t�e date ba�nP�.declining :. ;
<br /> II
<br /> - - sn ins�ue thi4 SecuritS► Ias�ame�t �d the Note, s6all 6e deemed conctusive pmof of ssch�inaGgi�b�7ity. •; '�� .
<br />;'r':` tius n may not be execr.ised by Leader whea the unavm'Iabiliry af ;` � . -- -
<br />:t„ . Notwithstandmg the foregoia�, aptio �
<br /> " • ` . .';�;�:' �stvraace is soledy dae to Lrudgr's fa�o:e to reaiit a martgage ins�u-ance premium W the Secrctmy. ���: . . . .
<br /> �'F,�� IO tieinstatement Bormwer das a dght to 6e remstated if Lendea has r�c(uired immediat,e paYman uufnll 6ecause . i ;��_ .�
<br /> �� �'�,`�• t'' :.� :
<br /> of Boimwa's fa�ace to pay an amount due�mder t�he Notc or diis Soairity taswmea�t 7'his right applias even after .�. � ;�T_,;_:A;
<br />'`;°. fareclos�ue prooeedinSs ate ms�.To�the Se�ricy►Insaume�t,Borrower shall teaaer ia a lump sam all ,-�_ ,,,�,�.,,
<br /> amaunts required tn brmg Bonower's acco�t auieat inctuding,w 1Lc extr�t they are obligations of Hoimwer ander ,r �� � -.�ti. :
<br /> ,;�t; t6is Seaaity Insdnune.n4 foreclos�ue costs and reasonable aa d castomary attomeYs' faes a n d a c p c n s�e s p r n P e r l Y . ,�_� .:
<br /> - a�ciated with the faaeclosvre pcaceEdinB• Upan reinstai�mcnt 6y Borrower, thig SecauitY Ins�meat aad the � ' � . . , ,_
<br /> obligdtians thas it sea�es shall�nain ism effecx�if L,ender had noi req�c+ad immediate paYment Q►fv72.However. >:�- ;; .-
<br /> �eat after the comm=ucement of :, _ :
<br /> ' Lender is not seq�co peanit reiustate,ment if: (7 Leader has accepted,�„�rar,., .
<br /> �` � foreclossue pmceedmgs within t�m years immediatelY Fr�oadi�sg the commau�neat ot a cuneat lroieclosme .�
<br /> .`` n reu�statemeat wiII�clude fareclosare on dif�a��ounds m the funue.ar(w�reinss�,ne�t w�t `'. ;;
<br /> ? s:i:`,., praceadin�,r� ,' � °--•
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<br /> -'� advers�g�'e�t We prioriry of the ti�cseated by this Security I�ent ::1�`:��
<br /> i - 11.Burrower Not Re[easedt Forbearanee By 1.ender Not a Waiver. Extension of the time of payrneut or �' . � ,'; :.
<br /> .�.:. modificatinn of atno�on of ttte sums secuced 6y this Seauity �uuament�anred by Lender to any saccessor in �: ��'
<br /> � � inteaest of Bomnwer shall not ope�[e c�release the tiab�ity of the original Bosrower os Boirower's successor in inte�est. , �
<br /> ��;:��. . Leader s6all not be cequued to o�m�uce pmcRedinBs aga�t miy succe�sor in intere�oz refuse to e�ct,end time for ::�';
<br /> . � t or otheiwise modify amort�ation of the sums sec�netl by this Secauity Inswmeat by reason of any demand . .��:�:.
<br /> :�.;:' "',ti DaY� _-
<br /> W;;� '� made by the original Boaowe,r or Borrower's s¢c�ors in intemst.Any forbeaiaace by I.ender in exaci�g any rigAt . --
<br />`�:;ri., �r', ''
<br />--- : ar remedy shall not�:�waive�of or p�ectade the exencise of aay right or remedy.
<br /> �sfr�'. �•' 12.Sncc¢ssors�d Assigos Bonnd:Joint and Several Liab�ity;CaSign�ers.'Ihe coveoanis�d�earteAts of .
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<br /> � r�'�!�t: this Sec��up Ins�trum�t shall bind and beaefit the suooessais and assigns of Lender and Borrower. subject w the .
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<br /> - _ - ;-"�� provi�ns of par�grap6 9(b). Bcax�wer's covenants and a�mt�t�sh�lt�joasL mtd�esal. Any Poirower aho ��i._'.���..._ = --
<br /> =��;i �5 co-si�s:his Sscuriry Insuument but does not execute thc Not� (a) is cm-s�ening this Secauity Iasu^,�ent flnly w .�,,� � "',. �
<br /> �Y,: mo i t g a ge.S�a nt and cenvey that Bonowea's intaest in the Property nnd�d�tearns of this Seciuity la�ent;(b)is 7F�.�'�..,�. .
<br /> ,�: . .
<br /> . ;:�: not pe�sonally obligated to pay the sums sec,ured by this Securiry Instrnm�t Gnd(c)a�ees t h a at L e n d e c�z d any a t her ,; .
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<br /> .; ����=', Borr�ar may agree w eaLend.�rndYf'Y,forbear or make any aaa,-mmodarions arith re�ard w the t�ns of this Socurity . • ,
<br /> '.�r,:�s-'`,,�; Ins�eat or the Note withw:c dra�:Ilmroaer's consenL ; .:;;
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