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� ' �� C�RDED ��'� 209.20323� �0120'7�-� Any amounts disbursed by Lender under this paragraph shall become an additional debt of Borrower and be secured by this Security Instrument. These amounts shall bear interest Gom the date of disbursement, at the Note rate, and at the option of Lender, shall be immediately due and payable. Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower (a) agrees in writing to the payment of the obligation secuted by the lien in a manner acceptable to Lender; (b) contests in good faith the lien by, or defends agaittst enforcemettt of the liett in, legal proceedings which in the Lender's opinion operate to prevent the enforcemettt of the lien; or (c) secwes &om the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrumettt. If Lettder determines that any part of the Property is subject to a lien which may attain priority over this Security Instnunent, Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of notice. 8. Fees. Lender may collect fees and charges authorized by the Secretary. 9. Grounds for Acceleration of Debt. (a) DefaUlt. Lender may, except as limited by regulations issued by the Secretary, in the case of payment defaults, require immediate payment in full of all sums secured by this Security Instrument if: (i) Borrower defaults by failing to pay in full any monthly payment required by this 5ecurity Instrument prior to or on the due date of the next monthly payment, or (ii) Borrower defaults by failing, for a period of thirty days, to perfortn any other obligations contained in this Security Instnunent. (b) Sale Without Credit Approval. Lender shall, if permitted by applicable law (includittg Sectiott 341(d) of the Gam-St. Germain Depository Institutions Act of 1982, 12 U.S.C. 1701j-3(d)) and with the prior approval of the Secretary, require immediate payment in full of all sums secured by this Security Instrument if: (i) All or part of the Propetty, or a beneficial interest in a trust owning all or part of the Property, is sold or otherwise transferted (other than by devise or descent), and (ii) The Property is not occupied by the purchaser or grantee as his or her principal residence, or the purchaser or grantee does so occupy the Property but his or her credit has not been approved itt accordance with the requirements of the Secretary. (C) No Waiver If circumstances occur that would permit Lender to require immediate paytnent in full, but Lender does not require such payments, Lender does not waive its rights with respect to subsequent events. (d) Regulationsof HUD Secretary. In many circumstances regulations issued by the Secretary will limit Lender's rights, in the case of payment defaults, to reyuire immediate payment in full and foreclose if not paid. This Security Instnament does not authorize acceleration or foreclosure if not permitted by regulations of the Secretary. (e) Mortgage Not Insured.Borrower agrees that if this Security Instrument and the Note are not determined to be eligible for insurance under the National Housing Act within 60 days from the date hereof, Lender may, at its option, require immediate payment in full of all sums secured by this Security Ittstrument. A written statement of any authorized agent of the Secretary dated subsequent to 60 days from the date hereof, declining to insure this Security Instrument and the Note, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this option may not be FHA Daed of Trust-NE VMP � Wolters Kluwar Financial Services 4l96 VMP4R(NE) (1105).00 Paga 5 of 10