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<br /> (i)All or piut of the Propeny,or a benefc1a11ntGrest in a trust owning alf or part of the Propeay.Is sold —
<br /> or othenyiu truuferrad(other th�n by devise or descent), and
<br /> (ii)'Cho Pcopeny ts not occupled by the purch�aer or grantre w his or her pdncip�l residence, or the
<br /> purchaer or �cantx doa �o oocupy t1�e Property but his or her credit hu not born appmvod in
<br /> accordu�ce wlth che requiremrnts�f the Secretary.
<br /> (e)No W�Iver. If ciccumatused occur thu would permit Lendcr to require inimediate payment in futl, but -
<br /> l�ender das not requiro auch paya�enta, 1.e�wier does not wdve its righu with respect to�ubuquent evrnti.
<br /> (c�Rt�ul��{om ot HUp Secret�ry. In mu�y circumstances regulations issuod by the Secretaiy will limit
<br /> L,cnda's dghts, ln the caae of peyment defaulta, ta require immodiete p�yment in full oad forecluae if not
<br /> p�id.Thli Secudry Inatrument doea not athodu aaxlerution or foreclosure if aot permittod by regulations
<br /> of the Secrctuy.
<br /> (e)Mort�e Not Iasured.Borrower aqroes th�t if this Security Inatcuabcnt anci the Noto are not determined
<br /> to bc eligiblc for insuratce under the Nadonal EIousing Act withtn 60 days from the date heroof: Leader
<br /> may, at its option, requin immaltete p�yment in full of all suma secured by thi� Securiry liutcument. A
<br /> wdttea auuema�t of�ay authorizod agent of the Secretary dated subsequent to 60 deys from the datc hereof�
<br /> doclining to ituure this Secur[ry Instrumrnt u�d the Not�, shull be damnd wnclusive prwf oS such
<br /> ineli�ibillry. Notwithstu�ding t6e toregoit►g, this option u�y not be exercised by L,eada when the
<br /> un�v�ila�bility of ln�ur+nce is aolely due W�Lcndcr's fallute to nmic a mortgago insunu�ce premium to t1►e
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<br /> 10. RdwR�te�aent. Borrower has a right to be nGnsuted if i.ender h�s rcqulrod immedlue paymeat in full
<br /> bec�use of Borrowar's fnll�ca to pay an anwunt due under thc Note or this Security Instcumeat. 'ihis rigLt applias
<br /> even �fter foreclosut+e pt+oceedings u�e itutituted. To ninatue the Secarity Insaurr�eat. Borrnwer eh�l!teader.in a
<br /> lump t�un all simounta requind to bring Bom►wer's aaount cnrrent including. to tLe extent they u+e abligations of
<br /> Bocrower under[his Security Inst:umeat,foreclosure costs nod res�onable u�d customuy utncAeya'fea aad expeases
<br /> PropeHY +wociatea widt�he foreciaun procooding. Jpon�einsiaiew�ent by Ba,ivwer. this Security L-ssuurr�►t s�'.�
<br /> [he obll�ations tluu it kcures atu�ll remwin in effoct �a tf I.endor had not raluired immodi�te p�yment ia full.
<br /> However. Lender is not �nequired to permit reinuatement if: (i) Lerickr hes aoxpted �inituemeat afla' tl�e
<br /> commaioea�eat of foroclosurc proceodings witttin[wo yeara immediately preoeding the cammeaoement of a current
<br /> forecloau+e pivooedin8. (ii) n(natuement will proclude forocl� on diffrnat ground� in ttte future� or (iii)
<br /> reina�auemeat will dvereely affax the pdorlty of tbe lien cnued by tt►is Secutity inatrnment.
<br /> 11. Dotrawer Not 1tRleared; Fo�e�riwoe Ey I.ender Not a WNhv. Extensioa of d�e time of paynkut ur
<br /> modlt�cuiaa of anwrtizatlon'of the�ums saun�d by this Securiry Inscrumait,giAntod by L�eader w�ny woasux in
<br /> s:.._.,_.. .,s n.......«.�. .�.e�� .....n.....u.rn .al.w.w th.�li�f►ilitv nf dw� nri4inal &frrower or Bortriwet's S�COES7oI i1l
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<br /> inttrat. I.enckr shall aot be nequired to commsnoe proceedinas�in�e�ay eucasaor in iate:+est 4r refuse to sztwd
<br /> time for ptymeat or ottxrwise modify unortization of the wms xc�zra!by this Seeudty Inatru�ent by re�saa of aay
<br /> dem�od mede by tbe orl�{lnal Bo�rower or Bocrowa's wccsuon in inta�at.My forbar�ooe by I.endar in eaerciaic�
<br /> amy riaht or remedy sh�ll not be a waiver of or prxlude the ex�rci�e of�ny ri�,ht or ranody. �
<br /> 12. Sreeea�ats a�d Aa�ns Iiouad:Joiet�qd 5erenl �y:Cu'+Si{�e�e.T6e oovea+ntt nnd agr�emadts
<br /> of this Socudty Iaun�meat elWl biad �od beaefit the�uocesfore ud�uiaas of L�ender aod Bomoarer�wbjax to the
<br /> provuioas of paa�r�ph 9(b). Borrower's coveomts+rod a�n�ts shall be juWt�nd several. My Bo�mver who
<br /> oo-airat Wia�5earity Inuruma►t but does not ezecute tbe Note: (a)ia oo-si�nina this Securiry Ia�umeat ooly to
<br /> mort�e,Sr�nt rod caavay that Bocmwer's interest in the Property uncler the terms of thit Securiry Ia�al,ntt N)
<br /> it not pawo�lly oblii�tcd 2o pay tLe wms�ecneed by this Securiry Imtrumaat;�md(c)o6roe+th�t Le�hr�nd any
<br /> other gerrower p�ty�gree to extead, modify. focbaa�or m�1ce my aa:ommoduions with�ud to t1u terini of thi�
<br /> Securiry Iasuumeat or tLe Note without that Botrower's coexas.
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