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�o��vs��Q Security Instrument. A written statement of any suthoriz� agent of tha Secretary dated subsequent to 60 days from the date hereo� declining to insure this Security Instrument and the Note, sl�all be d� conclusive proof of such ineligi�bility. Notwithstanding the foregoing, tlus option may not be exercised by Lender when the unavailability of insurance is solely due to Lender' s failure to remit a mortgage insurance premium to the Secretary. 10. R,�Ir�tatemer�t. Borrower has a right to be reinstated if Lender has required immediate payment in full because of Borrower' s failure to pay an amount due under the Note or this Sec�n�ity Instrument. This right applies even after foreclosure proceedings are instituted To reinstate the Sec�mty Inslrument, Boaower shall tender in a lw� sum all amounts re�uired to bring Bonower' s account current including, to the extent they are obligations of Borrower under tlus Security Instti�ment, foreclosure costs and reasonable and customary attorneys' fe,es and expenses properly assaciated with the for�losure procee�ing. Upon rainstatement by Bonower, this Security Instrument and the obligations that it secures shall remain in effe�t as if Lender had not required im�diate payment in full. However, Lender is not required to pennit reinstatement if (i) Lender has accepted reinstate�ent after the commencement of foreclosure proceedings within two yeffis i�iately preceding the of a current foreclosure proceeding, (ii) reinstate�nt will preclude foreclosure on different grounds in the fimne, or (iii) reinstatement will adversely affect the priority of the lien created by.tUis Security Ins6�ment. 17 . Borrower Not R�leased; Forbearance By L�ender Not a Waiver. Extension ofthe time ofpayment or �dification of amorkization of the sums secured by this Sec�mty Insbrument granted by Lender to any successor in interest of Borrower shall not operate to release the liability of tha original Borrower or Borrower's aucce.ssor in interest. Lender shall not ba required to commence proc�edings against any successor in interest or refuse to extend time for pay�ent or othervvise �dify a�rt�tion of the sums secured by this Sacurity Instrument by reason of any demand made by the original Borrower ar Borrower' s successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 12. Successors artd Assigns Bound; Joirrt and Several IJabiliiy; CaSlgners. The covenants and agr�ts of t1�is 5ecurity Instrument shall bind and benefit the successars and assigns of Lendar and Bonower, subject to the provisions of paragraph 9(b). Borrower's covenants and agreements sha11 be joint and several. Any Borrower who co-signs this S�urity Ins�nt but daes not execute the Note: (a) is co-signing this Security Insrivment only to mortgage, grant and convey that Borrower' s interest in the Property under the terms of this Security Inst�ment; (b) is not personally obligated to pay the swns secu�red by t1�is Security Inst�meat; and (c) agr�s that Lender and any other Bonower may agree to extend, modifY. forUear or make any acxomnnodations with regazd to the terms of this Security Instrument or the Note without that Boirower's consent. 13. Notic�. Any notice to Borrower provided for iii this Security InstNment shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of �other method. The notice shall be directed to the Properiy Address or any other adckess Bonower designates by notice to I.ender. Any notice to I.ender sha11 be given by first class mail to Lender' s address stated herein or any address Lende� designates by notice to Boaower. Any notice provided for in this Security Insbtim�ent shall be d� to have been given to Borrower or Lender when given as provided in this paragraph. 14. Goveming Law; Severability. This Security InstNment shall be goveraed by Federal law and the law of the jurisdiction in which the Properiy is locatal. In the event that any provision or clause of ttus Security Instnument or the Note conflicts with applicable law, such conflict shall not affect other provisions of this Security Instnunent or the Note which can be given effect without the conflicting provision. To this end the provisions of tlus Sacurity Instrument and the Note are declared to be severable. 2200233183 D V4NNE FHA Mortgage WITH MERSNE p �� 4 V�fN�p4N�INE�I e 110 1 VMP (ql WoHere Kluw� F6wuial Servk� PeBe 6 oi 10 � �� � W ` �