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<br /> (p All or pact of the Prupany. or a benciict�l lntenet in a trust owning all or pan of ihe Properry. ia aold
<br /> or otherwlse tranaferted(other thui by devise or descenq,rnd
<br /> (li) The Property is not occupied by tha punh�ssr or granta as his or her pdncip�l residence. or tlu
<br /> punchnser or gt�ata doGa so occnpy the �cu{►erty but his or her credit has not been approved in _
<br /> �ccord�nce with the requinmente oiche Saretuy.
<br /> (c)No Wafver. lf circumstances occur thAt would pecmit L.ender ta requin immedl�te p�ymrnt in fitll, tr�ut _
<br /> Lender doea nat nquiro auch p�yments,[.ender does not w�ive ito rights with nspect to�ubsequont eveats.
<br /> (d)Regulattons af HIID Secret�ry In c�t►Y �inwns�stnces raqu�flttons i�sued by the Secret�ry will Ilmlt
<br /> Lender's rights, in the case of payment def�ults,ro ceqniro immedlAte p�yment in full md forecloso if not
<br /> P�d, �{s��ry Iastnunent does not�ut6oriu�c�clerattan or fonclosuTe if not permittcd hy ngul�tlon�
<br /> oi the Sccr.�ctary•
<br /> (e)Mort�ytc Not Insured•Botcower agtt�es that If thla Socuxlty P,nsc�a.ment and tt�e Note ure not determined
<br /> co�be eligible for insuraaFe uadar the Natioaul Housing Act wi.rhin fi0 days from tha ditc hereof. Lender
<br /> au�y, at its optio�,�eq,air¢ immediate payaxat ia full of�ll sw�s secured by thie Saurlty Insmimeat. A
<br /> written st�tenneat of any a�thori,�ed�8ent of the Se�m�ry datcd sulxsec�u�ent to 60 d�ys trom ihe d�te heroof,
<br /> decliniug to ixesuro this Securit�r Casbsu�xnt and the Note, sha➢� b� deemed coaclwlve p�oof of �uch
<br /> ineligibiliry. Notwithstu►din$ tt►e fongoiag, ihis optloa ttt�y not be exercised by l�k when the
<br /> uuuvailability of insuranoe is solely due to Lender's failure to rcmlt a mongoge iasunace prernium ta r,�
<br /> Sa:retaty.
<br /> 1Q. `it:�!�!•�+�E. Rnrmwer has a d�ht to be reiasqted if Lender has rcquiied immediue ptyment in fvll
<br /> beca►use of Borrower's failure¢o pay�u amount due under the Nate or this 5ocuricy ins�nu��t. ;�3b r�iU:«FFliM.
<br /> even �fter forecl��rrl�gmceedlnSa are insdtuted. To reinstate the Secunity Instrument, Bormwer ah�ll tea�der in a
<br /> lump sum�ll anrc��m�s requirod to bring Borrower'a accauat currcnt incl�xiing, to the exteat �hey are obligatioas of
<br /> Borrnwer under ctnas Secur�ry Iasuument.foreclosun costs and reawnabk and custocn�ary attonrxys' fea aod expaues
<br /> pmpody associatai wlth the foreclosu�e proc�eodin8•UPun ninst�tem�nt by Borrower,thi�Saurity lnaaurneat and
<br /> the obllgations tt►at'drt secvres sh�ll nm�la in eNxt a�if Lender hxl not roquin� i�nmedlue prym�ac �n ti�ll.
<br /> However, Lender �u .not re4uind to pemiit reinstatement if: (i) l.endcr has ac;aPted reinstateaaent after the
<br /> CommerlCemeul of'As�rtCl�slue pioaodlRBs Withln �WO ytus Jmmtd�uety I��iti$i2i�msu�w�'—'!"�**'!'�t ,
<br /> foreclosute procoeding, (ii) ninstacea�eat w[Il preclude foreclosure on �fiQie=ea[ grouada ia tt►e tlneure, or (iii)
<br /> � nlnaearteri�nt will adveraely affxt the pdodty of che Uen crratod by chis Seci��ty Iasuuaxnt•
<br /> � bG. i��reo�aer l�Ta�Rdaxd: Forbe�rance By I.ender Not A Wdeei. Bxt�nsioa of tbe ume ofp�►�rment or
<br /> ,.m�d�fidatloa of�noTYs�ition of the sum�soc�rre�by thi�Security Iasaur�mt granted by Lender W my�.'�t�swr W
<br /> interest of Bormwrx.shall not o�ezatc to nr��ac the li�bility of tha ori�ace�3 Borrower ot I3o�rower'�suc�easor in
<br /> interat. Lender slull noc be nc�ulssd W commeuze pt+oceedings�gainst any ducxeasor iu laterat or mgtuc 1a extead
<br /> dme for pryment or othorw�+e-a�ad�fy unonization of tLe sums socured by this Securiry Instivment by ce�soa oi Any'
<br /> decn�ad m�de by the u�gin�1�ouowror or Bomnwer'a suaessors in interest.Any forbWrmx by L.ender in exacislag• '� .
<br /> my dght or remedy�Nl t�ot be ii W�lver of or preclude tUe exercise of eny dght or�Y�veaaats and a��+etmeflts '
<br /> 12. ��iapd�ttm Houndi J�kFt�ad Se�arol Uability.Co�Sigoer�•
<br /> of this Savrity lnsa�ument ab�ll b�d xod bi�nefii ths auecessors end�WiRns of Lencler aod Borcawa. wbjax w the
<br /> provisions of pangraph 9(b). Aornower's co►�r+na auod agresments shall be joine u,d sevenl. Aay BaroMCr who
<br /> oo-aians thia Socwiry Instmmeat��ut das Aoe�oxuatte th� A1�;e:.;(a) is oasIgntng this SeGUdry Iaurumeat only to
<br /> awrtpge.Bnnt�ad convey thu Borrower's i�tcr�t'iA�c.Prup�ty under the urms of this Sec►irity�pstcumea�:(b)
<br /> is not pe�ou�Ity obligual to pay tUe sums sec��r�xd b�tbi.s SocµntY I�L�mear,u�d(c)�Bras t2ut X.s�r�nd my _
<br /> other Borrower miy sgcee to extend.modifY�fozbtir ot;tssak��u►y accc>7n'modationa with regud to tta�qernu of thts ..
<br /> Secudry Insttumeat or the Note without tbat Borrower's c�s��t. �
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