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<br /> ��`.. (i)All or part of the Property,or a bencficial intcrest in a dust owning all or part of tha Property,is sold or F._
<br /> otherwise transferred(othu than by devise or descent),and � �n�_
<br /> (ii) 'Ilio Property is not occupied by the purchaser or granuc as his or her principal residence, or the A;-=:_
<br /> roved in eccardancc � '-°�?�'=
<br /> . � parchacer or grantee does so occupy the Property but his or her credit has nat beet►npp •.,,.- _
<br /> wlth d�e requirements of the Secretary. `;�
<br /> (c) No Waiver. If circumstences occ�r that would permit Leader to require immedlau payment in fuU,but �,y�
<br /> Lendcr does not require such payments,I.cnder does not waive its rights with respect to subscqucnt cvents. at.;
<br /> (d) Regui�tions of NUD Secretary. In cn�ny circumstances re8ulations issued by the Secretary will 1Lnit �.�,�
<br /> I,ender's dghu,in the case of payment defanits,to requiro immediatc PaYmcnt in full and forxlose if not paid. ��t'
<br /> � Th1s Security ir�smime,nt does not suthoriza acceluadon or foroclosure if not pe�rmlued by regulations of the
<br /> Secretary. °—-
<br /> (e)Mortgage Not Insured.Borrowu agroes that if this Securlty Insavment and the Note arc not dete,�mined to �j=-`-
<br /> be eUgible for insurance under the National Honsing Act within 60 daYs from the date hereof,I.ender may,at -
<br /> . its opdon, require Immediate payinent in full of aU sums securetl by this Security Insirument A wriuen _
<br /> '�-° suuement of any authorized agent of the Secreuuy dated subsequent to 60 days from the date hereof,decW�►g
<br /> to insure this Security Instrument and the Note, shall be deemed conclusive proof of such ineligibility. �-�LL'
<br /> � �;, Notwithstending the fonegoing, this apaon may not be excrcised by Lcndcr when Zhe unavailability of __.
<br /> �'�'�� ,, insarance is solely due to Lender's failure to remit a mortgoge insurance premium to ihe Secretary. �..:__
<br /> 20.Re[nstatemen�Borrower has a right to be reinstated if I.cnder has required lmmediete payment in full because �� :
<br /> � � of Borrower's failure w pay an amount due un dcr t h e N a t e o r t h i s S e c u r l ty I n s t c u m e n 4"I t i i s r i g h t a p p li e s o v e n a f u r .+ <
<br /> -- = fQr_rles��*���n���satuted. To reinstate the Security Instrument, Borrower shall tenda in a lump siun all �,.:
<br /> `� � amounts required to bring Borrowu's account current inclading.to the eatet�t thay are obvgamwns vf Borrv�v�i u;�d�s —�
<br />- lhis Sa:urlcy Instrument, foreclosure costs and reasonable and customary ettorneYs' fers pn�i �xpenses propulY
<br /> .,° '� assocfatod with the forecbsure proccet11n8• Upon reinstatement by Boaowec. this Secusety ]nsuument and the --
<br />-.9:.• � �+� obligations that it sccures shall remain in effect as if Lcnder had nat nquirad iTnmatliate paytnent in full. �iawever,
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<br /> . I,ender is not required to permit roinstaum�nt if: (i) I.endu hes acc�pted ninsiaiement after the commench:ment of
<br />°- ��'�°�`f�• foreclosure prococdi�Bs with�n tx'° Yea� ���lY precedin� �he comme�cen�ent of a csurent fo�eclosuce
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<br /> _ ,��,.,1�_y —. p��in8, �ii) reinstatemr,nt will preclude foreclosure on different grounds in the fuwre,or(iu) reinstatemeat will
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