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��:. . �O�DE� �� 1�0�'7 2� ��0 ��14307 � hereof, Lender may, at its option, require immediate payment in full of all sums secured by this Security Instrument. A written statement of any authorized agent of the Secretary dated subsequent to 60 days from the date hereof, declining to insure this Security Inshument and the Note, shall be deemed conclusive proof of such ineligibility. Notwithsta.nding the foregoing, this option may not be exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a mortgage insura.nce premium to the 5ecretary. 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 asnount due under the Note or this Security Instrument. This right applies even after foreclosure proceedings are instituted. To reinstate the Security Inshument, Borrower shall tender in a lump sum all amounts required to bring Borrower's account current including, to the extent they are obligations of Borrower under this Security Instrument, foreclosure costs and reasonable and customary attorneys' fees and expenses properly associated with the foreclosure proceeding. Upon reinstatement by Borrower, this Security Instrument and the obligations that it secures sha11 remain in effect as if Lender had not required immediate payment in full. However, Lender is not required to permit reinstatement if (i) Lender has accepted reinstatement after the commencement of foreclosute proceedings within iwo years immediately precedi.ng the commencement of a current foreclosure proceeding, (u} reinstatement will preclude foreclosure on difFerent grounds in the future, or (iu) reinsta.tement will adversely affect the priority of the lien created by this Security Instrument. 11. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time of payment or modification of amortization of the sums secured by this Security Insttument granted by Lender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successor in interest. Lender shall not be required to commence proceedings against a.ny 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 Borrower or Borrower's successors in interes� Any forbearance by Lender in exercising any right or remedy sha11 not be a waiver of or preclude the exercise of any right ar remedy. 12. Successors and Assigns Bound; Joint and Several Liability; Co-Signers. The covenants and agreements of this Security 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 Bonower who co-signs this Security Inshument 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 Properly under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Inshument; and (c) agrees that Lender and any other Borrower may agree to eactend, mod.ify, forbear or ma.ke any accommodations with regard to the terms of this Security Instrument or the Note without that Borrower's consent. 13. Notices. Any notice to Borrower provided for in this Security Inshument shall 6e 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 Lender sha.11 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 sha.11 be deemed to have been given to Borrower or Lender when given as provided in this paragraph HCFG-00703 FHA Deed of Trust-NE Revised 4/96 VMP� / {►�/� � 01/12 Woliers Kluwer Financial Services 207205294.1.1.2336-J20120129Y j�f,�� /��'�"' — pege 6 of 10 / i[ .1 1 8'