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<br />:`= (i)AA or pa�t of tho P'copertY�or a boncficW inurest In� tn►st owninp�1.1 c►r�ut nf Iho Property,ie nc�ld�x
<br /> otherwise uansferred(othcr then by doviso or desccnt)�md
<br />�,� (ii)°I�e Property is rtot occupiod by the purchaser a gtuU�oo� h1x or her princlpel reaWence� or thn
<br />::i . purchaser or grantoe does so occupy tho PropertY but hls or her credlt heA n�t bocn eppmved In w,cnnl�nco
<br /> r., wlth therequiremcnts of the 5ocxtary. mcnt In full,bu1
<br /> (c)No W�Iver.If clrcumstnnces occur that would permU Lender tu �eclu���immaltate paY
<br /> ��n� I.en�ic�does not requlre such paymenta,I.endu does n°t waive iu dghts with respoct to eubaoquent avwlll Umit
<br />-� (d) RcguWfan9 oi HUD SecretRry. In mAny �irc�muunc�+re8uladona i�suod bY 1he Sacret�uY
<br />�,-.�„ Lcnder's riRhts�In the cASe of payme,nt def�ults,w roquire immedl�te MYmcnt in full�nd[oteclo�c if ncK ptfd• —
<br /> — This Security Insaument does not authorize accckrat�►or Cocecbauro if not permival by reaulationa of the
<br /> _�-` Secretary. ��this Sxnulty Inatrumet�t end iho Nae rc nol del�aminod ta
<br />..*�. (e)Mortg�se Nat Insured.Borrower egites _
<br /> --. be ellgible for insurance under the N�tioRal Housing Act within fi0 d�ye from tho dato heraof,L.�nder t�uye�t
<br /> its opdon�recluire immediate pa5'rr.ent in full of�11 aums aecured by thie Saurity inawmu►G A wdtrar
<br /> � staten+a►t of any authorizal a8u►t of the SecretuY dauod subsoquon!to 60 daya from Iha d�to haroot.tioclining _
<br /> to insure�his Securtcy Imttument attid the Note� sh�1 b� �"10d �clusive proof of euch inetigibility.
<br />_�— No�withsronding the fongoing, thls opda� maY n�b� ox�� by �ndu when tho uru►vd4�biNty of
<br /> insurance is sokly due tn I.endu's failure w nmic A n►on6�8e insun�nce Pr'arium w the��full bxw�e
<br /> 10.Reinatsdee�en�Boirower hes a right to be reinst�d if I.cnda hu ro4ufc�d imm�1�P�Y
<br /> uf Bo�iowes's failure to paY an amonnt due undcr the Noto or Ithis Swment, Bnarowa �ll�tcnder�i�a IumP wn +�11
<br /> foieclosure proceedings are insdwtod.To ninstate the Sacurity
<br /> amounts reyuired to bring Borcowa's account curnnt iocludin8,t+o tho eztenl th���reYe��� u►d ex�WproA���Y
<br /> this �ec►aiiy L�� ��.�;�, :arx!�°, - !'naca and re�tonabk tmd cusWm�ry
<br /> U ctinstatemmt by BOCrower. U11s �oCUricY insuw��c7�. w�'�3 s•''-r"
<br /> � asyociated vvlth the foreclosure procadin8• Pon �t in full. Howevu,
<br /> � obllgadons that it sxures stwll ranain!n effoct ag if I�t►der Ad no1 roquirod�im�t dtay the commawe�na�t of
<br /> L.ender ls not requlred to permit roinatatcment if: (i)L.endu hu acceptod ent of a cumnt forocbaure
<br /> fareclosure procealin&s within two Yeate immodLcelY Proad�r►� �����,or(iii) reinsutetnent wiU
<br /> proceeding, (�) relnstaumeet will procludo forocbsure on d.itt�t�
<br /> adve�sely affect the priodty of the lien created by this Socudcy
<br /> 11. Barrower Not Rekssedi Forbear�oa B� Le�der Not• W�ver.E�ete�� o���y�°�
<br /> mod�f'�cation of amo�tization of th�s�a k r s o t h e b l i o b i l i t y of t h o o g B o r mt wu or Sarower's u�ccea�or in intares�
<br /> inurest of Bocrowa sha11 nat operete
<br /> Lendcx ehall not be requirod w commence P��Ss o B�u�n y s u c a,s s o r in intaest or t�efux w ca�tend time a
<br /> payma►t or ott�erwise modify amortizatifln of the sums sectu+ed by this Sxurity Instcurt�en�by roa� ��y��
<br /> made by the original Borrowu or Bortowu's succes�a's in in��y forbeuanca Y
<br /> ' or remedY shall not b�a waiver of or preciude the exercise of any rig9�t or ranedY• ,��vaw�u and�roa��s°f
<br /> 12.SucrRSSOrs s�nd Aeei�ns B°'�mli Joint�nd Several L4bilky:Ca3$een.
<br /> this Sxurity Inswment sholl bind wx1 benefit the socces�ore�td assiBt►s of Lender�nd Sarowa. wbjec�a �t�o
<br /> provisfons of paragraPh 9(b). Borrowa's covenents and a8aanents s�11 b01°�t� �v�. Any Bomowa who
<br /> co-signs this Se�urity Ins�ument but does not cacecuce the Note: (a) is ca-signing thia Security Inswma�t only W
<br /> �8��,S�ant and convey that Bamwer's incerest in the PropertY unda tho cerma of this S�La�dcr�nd�y ob�
<br /> not pasonaUY obllgated to peY the sums socw�ed by�his Socurity Inswment;tnd(c)�g�as
<br /> _ Barow�r may agree w eactend.moclifY.forbear or make eny oxommodatioes with ceg�rd W thc tams of thls Socuriry
<br /> Instrument or theNote without that Borrower's consent
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