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2Q120313� exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a mortgage insurance premium to the Secretary. 10. Reinstatement.Borrower has a right to be reinstated if Lender has required immediate payment in full because of Borrower's failure to pay an amount due under the Note or this Security Instrument. This right applies even after foreclosure proceedings are instituted. To reinstate the Security Instrument, Borrower shall tender in a lump sum all amounts required to bring Borrower's account current includittg, to the extent they are obligations of Borrower under this Security Instntment, foreclosure costs and reasonable and customary attorneys' fees and expenses properly associated with the foreclosure proceeding. Upott reinstatement by Borrower, this Security Instrument and the obligations that it secures shall remain in effect as if Lender had not required immediate payment in full. However, Lender is not required to permit reinstatemettt if: (i) Lender has accepted reinstatement after the commencement of foreclosure proceedings within two years immediately precedittg the commencement of a current foreclosure proceeding, (ii) reinstatement will preclude foreclosure on different grounds in the future, or (iii) reinstatement will adversely affect the priority of the lien created by this Security Instrument. 11. BorrowerNot Released;Fol'beal'BnCeBy Lerldel'Not a WaiveG Extension of the time of payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shall not operate to release the liability of the original Bortower or Borrower's successor in ittterest. Lender shall not be reyuired to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Botrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 12. Successorsand AssignsBound;Joint and Several Liability;Co-Signers.The covenants attd agreements of this Secutity Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of paragraph 9(b). Borrower's covenants and agreements shall be joint and several_ Any Borrower who co-signs this Security Insttument but does not execute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey that Borrower's interest in the Properiy under t6e terms of this Security Instrumettt; (b) is not personally obligated to pay the sums secured by this Security Instntment; and (c) agrees that Lettder and any other Borrower may agree to extend, modify, forbear or make any accommodations with regard to the terms of this 5ecurity Instrument or the Note without that Borrower's consent. 13. Notices. Atty notice to Borrower provided for in this Security Instnunent shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lettder shall be given by first class mail to Lender's address stated herein or any address Lender designates by notice to Borrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 14. GovemingLaw; Sevel'abllity.This 5ecurity Instnunent shall be govemed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instnunent or the Note conflicts witb applicable law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note are declared to be severable. 15. BolTOwe�'s Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. FHA Dead of Trust-NE 4�� VMP � VMP4R(NE) (1105).00 Wolters Klwver Financial Services Page 8 of 10