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2012Q62�� significantly affec:t Lende�'s rights in the Property (s�ch as a proc�ding in banlQUptcy, for condemnation or to enforce laws or regulations), then Lender may do and pay whatever is necessary to protect the value of the Properiy and Lender' s rights in the Property, including pay�nt of taxes, hazard inaurance and other items mentioned in paragraph 2. Any at�unts disbursed by Lender under this paragraph ahall bacome an additional debt of Borrower and be secured by tUis Se�urity Inslrument. These a�unts sha11 beaz interest from the date of disbursement, at the Note rate, and at the option of Lender, sha11 be imnnadiately due and payable. Borrower shall PromPttY dischazge any lien which has priority over this Security Instrument unless Bonower: (a) agrees in writing to the payment of tha obligation se�ured by the lien in a manner acceptsble to Lender; (b) contests in goad faith the lie,�► by, or dafends against enforcement of the lien im, legal Proc�inP,s which in Yhe Lendar's opinion operate to prevent tbe enforcement of the lien; or (c) se�ures from the holder of the lien an agrcement satisfactory to Lender subordinating the lien to this Security Inslr�ent. If Lender determines that any part of the Property is subject to a lien which may attain priority over tlus Security Instrument, Lender may give Bonower a notice identifying the lien. Barrower shall sariafy the lien or take one or �re of the actions set forth above within 10 days of the giving of notice. 8. Fe�. i,ender may collect fees and charges suthorized by the Secretary. 9. Grounds for Acxeleration af Debt. (a) Default. I,ender may, except as limited by regulations issued by the Secretary, in the case of payment defaults, renuire immediats payment in full of all sums sacured by this Security Instrument if: (i) Bonower defaults by failing to pay in full any monthly payment required by this Security Instrument prior to or on the due date of the next monthly payment, or (ii) Borrower defaults by failing, for a periad of thirty days, to perform any other obligations contained in this Security Instrument. (b) Sale Wtthout Credit ApprovaL Lender shall, if permitted by agplic�ble law (including Section 341(d} of the Garn-S't. Germain Depository Institutiona Act of 1982, 12 U. S. C. 1701j-3(c�) and with the prior approval of the Secretary, require immediata payment in full of a11 sums secured by this Security Instruwent if (i) All or part of the Property, ar a beneficial inter�t in a trust owning all ar part of the Progeriy, is sold or otherwise transferred (other than by devise or descent), and (ii) The Pro�riy is not accupied by the purchaser or grant� as his or her principal residence, or the purchaser or grante,e does so occupy the Properiy but his or her credit has not been approved in accordance with the requirements of the Se�retary. (c) No Wa(ver. If circumstances occur tUat would permit Lender to require immediate payment.in full, but Lender dces not require such pay�ents, Lender does not waive its rights with re,spect to subsequent events. (c� R�ulations ocf HUD SeCr�etary. In many circumstances regulations issued by the Se�tetary will limit Lender's rights, in the case of payment defaults, to require imme�iiate payment in full and for�lose if not paid This Security Instnmdent daes not authorize acceleration or foreclosure if not permitted by regulations of the Secretary. (e) Mortgage Not Insur�d. Borrower agr�s that if tlus Security Instrument and the Note are not determined to � eligible for insurance under the National Housing Act within 60 days from the data her�£ Lender may at its option, require immediate payment in fiill of all sums s�ured by this 2200233183 D V4NNE FHA Mortgage WITH MERS-NE R �� 4V�MP4NAm' �� ;� VMP Cql Wdtere K4iwer Finandal S�kw Page 6 of 10 �� �vVC�