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201208059 significantly affect Lender's rights in the Property(such as a proceeding in bankruptcy, for condemnation or to enforce laws or regulations),then Lender may do and pay w6atever is necessary W protect the value of the Property and Lender's rights in the Property, including payment of taxes, hazazd insurance and other items mentioned in paragraph 2. Any amounts disbursed by Lender under this paragaph sttall become an additional debt of Bonower and be secwed by this Secariry Instrument. These amounts shall bear interest from the date of disbwsement,at the Note ra[e, and at the option of Lender, shall be immediately due and payable. Borrower shall promptly discharge any lien which has priority over t6is Security Instrument unless Bonower: (a)agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender;(b)contests in good faith the lien by,or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the enforeement of the lien;or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the lieu to tlus Security InstrumenG If Lender determines that any part of the Property is subject to a lien which may attain prioriry over this Security Instrument,Lender may give Borrower a notice identifyiug 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.Leuder 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 requ'ved by this Security Instrument prior to or on the due date of the uext monthly payment,or (ii) Bonower defaults by failing, for a period of thirty days, to perfonn any other obligations contained in this Security Insmtment. (b) Sale Without Credit Approval.Lender shall, if permitted by applicable law(including Section 341(d)of the Garn-St. Germain Depository Institutions Act of 1982, 12 U.S.C. 1701 j-3(d))and with the prior approval of the Secretary,require immediate payment in full of all sums secured by this Security Instsument if. (i) All or part of the Property, or a beneficial interest in a trust owning all or part of the Property, is sold or otherwise transferred(other than by devise or descent),and (ii) The Property is not.occupied by the purchaser or gantee 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 in accordance with the requirements of t6e Secretary. (c) No Waiver.If circumstances occur that would permit Lender to require immediate paymeat in full, but Lender does not require such payments,Lender does not waive its rights with respect to subsequent events. (d} Regulationaof HUD Secretary.In many circumstances regulations issued by the Secretary will limit I.ender's rights, in the case o£payment defaults, to require immediate payment in full and foreclose if not paid. Tlus Security Instrument does not authorize acceleration or foreclosure iF not pemut[ed by regulations of the Secretary. (e) Mortgage Not Insured.Borrower agees that if this Security Instrument aud the Note aze 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 i¢full of all sums secured by this V P��ageWITHMERSJJE IIIIIIIIIIIIII�I�L��I�QII��IIIIIIIIIIIIIII'I'I� VMP4NIN�ge�o DO Wotteis KWvrer Financiai Servkes q0330900490 3 73 10 ��_ �-G �