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201203913 Any amounts disbursed by Lender under this paragraph shall become an additional debt of Bonower and be secured by this S�urity Instrument. These amounts shall bear interest from the date of disbursement, at the Note rate, and at the option of Lender, shall be immediately due and payable. Borrower shall promptly dischazge any lien which has priority over this Security Instrument unless Borrower (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (b) contests in good faith the lien by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the enforcement of the lien; or (c) se�ures from the holder of the lien an agr�ment satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Properiy is subject to a lien which may attain priority over this Se,curity Instrument, Lender may give Bonower a notice identifying the lien. Bonower shall satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of norice. 8. Fees. Lender may colle.ct f� and chazges authorizefl by the Secretary. 9. Grounds for Acceleration of Debt. (a) Default. Lender may, except as limited by regulations issued by the Secretary, in the case of payment defaults, require imme�iate payment in full of all sums secured by this S�urity Insmiment if: (i) Bonower defaults by failing to pay in full any monthly payment required by this Se�urity Instrument prior to or on the due date of the next monthly payment, or (ii) Bonower defaults by failing, for a period of thirty days, to perform any other obligations contained in this S�urity Instrument. (b) Sale Without Credit Approval. Lender shall, if permitted by applicable law (including Section 341(d) of the Garn-St. Germain Depository Institutions Act of 1982, 12 U.S.C. 1701j-3(d)) and with the prior approval of the S�retary, require immediate payment in full of all sums secured by this Security Instrument if: (i) All or part of the Property, or a beneficial interest in a trust owning all or part of the Progeriy, is sold or otherwise transfened (other than by devise or descent), and (ii) The Property is not occupied by the purchaser or grante,e as his or her principal residence, or the purchaser or grantee does so occupy the Property but his or her credit has not bcen approved in accordance with the requirements of the Secretary. (c) No Waiver. If circumstances occur that would permit Lender to require immediate payment in full, but Lender does not require such payments, Lender does not waive its rights with resp�t to subsequent events. id) Regulations of HUD Secretary. In many circumstances regulations issue�i by the Secretary wili limit Lender's rights, in the case of payment defaults, to require immediate payment in full and for�lose if not paid. This Se�urity Instrument does not authorize acceleration or for�losure if not permitted by regulations of the Secretary. (e) Mortgage Not Insured. Borrower agrees that if this Se,curity Instrument and the Note are not determined to be eligible for insurance under the Narional Housing Act within 60 days from the date hereof, Lender may, at its oprion, require immediate payment in full of all sums s�ured by this S�urity Insmiment. A written statement of any authorized agent of the S�retary dated subsequent to 60 days from the date hereof, declining to insure this S�urity Instrument and the Note, shall be deemerl conclusive proof of such ineligibility. Notwithstanding the foregoing, this option may not be FHA Deed of Trust-NE VMP � Wolters Kluwer Flnancial Servic� a�ss VMP4RINE) (1109) Page 5 of 10 .. , •1