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<br /> � � 97- ��4�'73
<br /> (i)MI or pan of the PropenY.or a beneftcial tntenet in a trust owning ell or part of the Prqperty,is sold �-
<br /> or othecwiae transferced(other than by devise or dcsccnt), and
<br /> (ii)The Pt�perry is nace soioccupy he Properry but�hiseorsher credit has nat beendaPP�oval�in
<br /> purchaur or grantee
<br /> accordance with Yhe requiroments of the Secre[ary.
<br /> t to subsequcat evcnts.
<br /> (c)No Wdva. If ci nu u h asments 1-euderldoesn�iwaiveits dghts wtthirespeciate payment in fu . ut
<br /> Lender does not requ P Y In�y ������s regulaslons issued by the SecretarY wlll Iimit
<br /> (d) Regulations of HW Secretary.
<br /> Lendec's rights. ia thg���d�not authoriu accel�eran n�°�re losure if a t g►ermitted bY�ieSulAdons
<br /> paid.This Secunry ln
<br /> of tha 5�xrct�uY• that if this Securlry Instni�nent and the Nute axo not�detera�ined
<br /> (e)Mo�Ss t�iot Ins�ured.Iiorrowcr agms Insuument. A
<br /> to be Nigible for insurance under thc Natioaal Houstng Act withln b�daYs ft�ls�s�ry�ereof, ��
<br /> may, at its option, cequin icnmediatc payment in fh1� of all s�ems secival hY
<br /> written statcment of any au��I�����d��pote�ahall ebe�deemed conclurom t p�f o��� _
<br /> d e c l i n i n 8 t o i n s u r e t h i s L Y n o t b e e x e r c l s e d b y Leader when tt�o
<br /> ineligibility. Notwithatanding the faregoing, �his op t ioa m a Y e insurance pn�niu�ro cha
<br /> unavailability of insuraace is solely due to Lendar s failure to nmic a inortgag
<br /> Secretary. uired irnmodlato paymenc in full
<br /> 10. Rd�tataaent. Borrower hu a dght to be reinstated if Lender has �q �t�nt. Thts right applics
<br /> bc�nse of Borrower's failure to p�Y���t due under the Note or this Security
<br /> eveil�ftec fo�eClosure p[oceedip8s ett•'a����r,g�����u��n�c udi g, c�e extent cheY ar�obU�oas of
<br /> l�g aum ali amounis ccy-uu.......bri�o g^_. •f.�a+,A exuenses
<br /> Borrower under this Secudty lnsrrument.foreclosurs Us n��etat ment by Bornowe�this Securiry Insuument and
<br /> prq�porly usoc[ued with the foreclosure proceading. po
<br /> the oblig�tions that it sccures ahall rem�in in effect os if Lender had not reyuired immodi�u�t�r��le
<br /> However. Lender is not requlred to permit ninstatement if: (i) I.�►der has w'-ceP� � of a curnnt
<br /> commencea�nt of forxiosw'�e�roceedings wittun two y�at's immaliuely preading t�e�°m�x�
<br /> foreclosure procoodin8• �u� ninstetement will pteclude foroclosure on dif�'����°� in the tutuc�. or (ili)
<br /> ninstuemeat w[li adversely affect the priority of the lien ctexod by tbis Securlty �t or
<br /> 11. B�nnKer Not Rdaued'►Forbe�rance By Lender Nat�W�Q grantodlby Lendertto any suax�sor in
<br /> modification af amoctizuion of the eumc secund bY this Secu�1�Y
<br /> iatccest of Aorrower sh�11 not operate to release the li�a,�bi�li gs a�t�yas���r nintnst or rafuk�o e��
<br /> inter�st. i.e n d e r s h�l l n o t b e r o 9uirod to commence P �s���y I n u c umsnt b y re�son of�ry
<br /> ti�ma for paymeat or otherwise mcxlify amorti�tion of the suras�ocured bY b �r��x�ieing
<br /> deroand made by the origin�l Borrower or Borrower's succe.�soxe in intecest.MY forbeuance Y
<br /> an
<br /> uny dght or remcdy sh�U not be a waiver of or precludc the exercise of any dSbt°�,�e�venants and agneme�+ts
<br /> �2.Succaeors an�1 AssiBm�°a+Joint and Several Llo►bWty;Ga-Sii�er and Borcower. subjoct to the
<br /> of ab9s Security Instrument shall bind and bcnefit the successors���18 be joint and several. My Bomower who
<br /> provisioas of puagraph 9(b)• ��wer's coveaancs� aBT�
<br /> co-sigas chis Securiry Instc�ument but das not execute the Note: (a)�CO-�e terms of this Secu ry�Inu�men�y(b)
<br /> mottga8��B�t�wavey that Borrower's intenst in the ProP�r�Y �strnmeat:u►d(c) agrees ihat I.eoder and any
<br /> is not person�lly obligated to pay the sun'�s sx�by�s�riry
<br /> r.+�er Borrower may agree�ote withou�a�Horror wer's consant�y�commodations with regud to the terms of this
<br /> S�acurity Insuvment or the N
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