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� :tk� � •r';�• �:l:w: . I •� ' � .. ' J •siy •. ( F�.--�—.._�—...�" .� .• . .t ___ _ ._..-:iTF�....g.=.�: 7�iy..i^Y ��}.rn�.,.,d:�Y.'�:i.'�..�}t�ti' � ' -� ..._- - r 4 -��"__ "__ `_ �aY1n�.rlllhL��'-_�..�__ � • _ �c YYC:,T"'-°' �—'�'__-_._ _. ��..�".:7'r,'.-_T..y._ -________ –.____. . � 9T- 3(��2 Any amounts dlsdursed by Londcx under this Parapraph shall betome an edditlonal tlebt of Bor►pwer and b� e�CUrtd by this Socurity Inatrumont.Theso amounts shall bea� �+terest Irom the date o1 d�sbmsament al Ihe Note rate,and et the optbn of Lendrx,shell be knm�dytely duo and payable. BorrOwM 6hAll promptly dis�hufl�eny Iwn w�bh has pnprity ovar th�s SlfCUdiy Instrumant unNss BOROwY►: (a) �prMS in writfnq to the payment ot ths obigatton aecured by Ihe lien h e manner ncCeptab� to Lender; (b)Conlests h pood faNh th� IiM by. or d�Mnda op�hst onforcwrnnl ol Ih• Ikn k�, lapal procaed!nps wh�ch n Il�o Lender's ophbn opann ta prw�nt th� enSOrcMn�nt o1 th� Ii�n; or(o) s�cures Bom Iha Kolda al Iha Iien en ngreement attelactory to Lender subordnetlnp th�IMn to _ ' lhb SlCUrity Instrurr�t.If Londw dotwrnho9 1�ot ony part ol li�e PropGrty u�ubJcc:to a I:an whtch msy nttnln priority ove►thh �_ SecurNy I�strum�nt,L�nd�r rtwy plw Bortoww a notfa IdMtMyhp tha Ibn. BonarK ehall sqtlsly th�Ifen or tak�on�a mon ol tha actbns a�l forth above wkAtn 10 d�ys ol tho pNhp of notke. S.FCe�.L�ndar may colMct iNS and charq�s authorizad by the Secretary. 9. G�oundA tor Acceleretion of Debt. . (s) Detault. Landa may, exc�pt as limRed by regulations issued by Ihe Secretary in the casa of payment dotauNs, requin knmediate payment h tuu of all sums secured by thts Secu►ity Insrument if: (I)BortawW def4uhe by fauinp to pay in lu��any monthty payment requred by this Security insuument prbr to or on the dua date ot the next monthty payment, or (II)Borrow�r delaults by t��inp,for a periad of thirty days,to pertvrm iny othar oblfpattans contained h this S�curily InstrumMt. (b) Sale Without Credit Approval. Lendar ehall, if permitted braPP�gble Iaw (tnCludinp seCtbn 3�1(d)of the anm-St Qermak► DeposMory Institutlona Act o1 t992, 12 U.S.C. 17011•3(011 end wah the prlor approval ot th�S�cretary, requka Immediate payment In tuu of ell the sums seeured by thh Security hstroment ih (i} Ali or part ot the Property, or a benetbial hterest In a trust own�ny nll or part of the Property, is soid or othenvlse trensferted (other than by devlse or descent),and (il)The Pruperty Is not occupfed by the purchaser or grantew �s hisor her principal residencs, or tho purchtser or qrantee does so ocCUpy the Praperty, but hls or her credd hes n01 been approved in ecCOrdanCe wRh the requkements of the Secretary. (a) No Weiver. If ckcumstances occur that would permit Lender to raqu're knmedbte payment in tuA, but Lendor does not requke such payments,Lender tloes not walve its rlphts wfth respeCl to subsequent avents. (d) Regulations of HUO Sec�etary. �n meny circumstences re�u�ations issue� by the Secrat�ry wiN Ilmit Lendai's rlghts, !n tAe case oi payment defauRs, to requ�ie Mmedlate payment h full nnd torecbse M not paW. 7hfs Security Inatrumant tloes not authorize ecCeleratbn or forecbsure if not permmed by reyulatbns of ths Secrehry. (e) Monyage Not Inaured. BoROwer tyress that if this Security InstNment and the Nota�n not dotarminsd to be ellpibN for insurance under ihe Natbnal Houslnq Act withln� Of C1lyb (901 hom the date hersot, Lender • may,at ks oplbn requke Immedlato payment fn full of all Sums secured Ey thls Security Instrument. A wrAten statemen! ot any euthoriied ayent of tha SeCrotary deted subsequent to ilE of daye [90) hom the date hersof, deo0niny to Insuro thls Securky Instrument and the Note, shall be deemed ConcUShre proof of such helipib(lity. Notwkhstand'np ths toreyohp,thls optbn may not be exxoised by Lender when lhe unn8iabllity ot insuranoe IS solely due to Lender5 hilun to romR�mortyaga hsurence premlum to the Secretary. 10. Relnatetement. BortOwer has a rfpht to be re�stated it Lender hef rs3qufred 4nmedtate payment h tull b�cws�ot Bortowers (aNUre to pay sn amount due under the Note or thts Security Insirument. This ripht epplies even aker torecbaure proceedinas �ro hstkutsd. To rehstate the Security Instrument, Borrower shall iender In a lump sum nn amounts requirsd to brinp Borrow�r's account ourtsnt incbdkiq, to the extent they nre oblipatiane of Borcower under this Seaurity Instrumwrt, forocbsure coats and reasonnbie end customery attorney's fees and expenses propery as&ooktad wkh th� torecbsun proC�edinp. Upon rehstatement by Bartower,this Securky Instrument end ihe obipatlons that rt seturGS shall romaN in eNeCt aa N Lendor had not requked knmsditte ptymw�t h tull. However, Lender Is not required to permR rehstatsment H: (I)Lendet has ' aCC�pbd rehstatement after tha commenCement of torecbsure proCeedings wilhh two years immsdiatey pnCedhp tha cortxMne�t of a current torecbsure proceedinq, (II) reinstatement will preclud� laeClosure on dMl9rent prounds h the tutun, or(iiq re�n8tatament wiA adversely affect the priority of the Iien c�eated by this Security Inst�ument. 11. Borrower Not Releaaed; Forbeerenee By Lender Not e Wefver.Extensbn of tha tfms of psyment cr modH�atWn of amoRizatbn of the sums secured by thls Securfty Instrument granted by Lender to any SucCessor In htKast at Borrower ahaq not operate to releace the Oablliry of the orqinal Borrower or Borrowera successor In hterost.Londer shell not b� requind to commence proceedings egehst any successor In htertst or refuse w nxtend tYne ior payment or othsrwise modMy amortixatton of the sums secured by thts Securfty Instrument by reasan of eny demund made by the oripfnal Bortower or Borcowers successors In interest. Any forhearance by Lender In exeroisiny anr rlpht or remedy shnll not be a wahrer of or = precbde tho oxercise o}eny ripht or remody. 12. Successars end Asslgna Bound; Joint and Several liability; Co-slgners. TAe covenants �nd aflreaments of thls Security Instrument thall bad end bonefit the successors and assqns of Lender and Bonower,subJect to the - provfsbns Ot Panpnph 9(b). Bortowels covenants and agreements shalt be JaN and several. Any BoROwer who co•si�os this SeCUrily in�trument but does not execule tne Note: (a) Is co•s�gning thls Secu��ry Inslrument only to mortqaye,qrant and convey th8t 8orcowir's intorost h the Propeny under the terms ot this Security Instrumo�L'(b) is not personally oblfpeted to pay the sums seCUred by thls SeCUrlty instrument;and (c) agroeG that Lender and an� other Borrower may agree to 6xt@nd, modMy, forbeer or make any accommoda0ons with regard to the term ot thfs Security�nstrument or the Note without that Borcower's , consent. 13. Noticea. Any notfce to Bonower provided for in this Security InStrumEnt Shail be gNen by tleirver�ng ¢or oy manny R by f'rst class mail unless epplicable law requires use ot another method. The �dca shatl be d'rected to the Property Address or _ any other address Borrower deslgnates by not�e to Lender. Any notko to Lender shall be glven by tir,t class mall to Lender's a address Steted horein or any address Lender designates by not�e to Bortower. Any notlCe provlded tOr fn thls Security _ Instrument shall be deemed to have been gnen to Borrower or Lender when given as provlded � thls paragraph. r 14. Governing Law; SCV@�8blll�l. This SeCUrity Instrument Shall be govemed by Federel Iaw end lhe 18w of the -� ;� Jurisdbtton h whfch the Property Is locc►ted. In the event that any provtsan or c lause of thls Security In3t�ument or the Nota F6S18.LM0(�{87) Paq�3 0�5 { 507 I