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<br /> Any �maunts disburs�d by Undor under thle Peroqreph ahall hacome an additlonal debt ot Bortower and b� ��CUrod by
<br /> �h�g SACUrfty Inat�ument.Th�ts amounte ahull boer Intoroat trom the dale ot disbursoment at the Note rate, �nd at th�optbn ol
<br /> 4�nWr,thall b� knmadGt�lY du�and p�yahM• _
<br /> Bonow�r�hal Prompity dlscharpo any INn Whbh ho9 prlprity Ov6r thlS SBCUtily In6trumant ur11BS8 BOtfOWd►: (�)lQfNf ki
<br /> wrRinp lo th�p�y�t ol Ih� oblqatlon s�cur�d by ths Ibn In� m�nner�coeptabb to Land�r; (b)aontsats in good ItRh th�INn
<br /> by, or ekto�ds apt�nst on�orc�m�nt ot the Iten h, byal peocaedhgs which In tne Lender's opinion operate to prsvent th�
<br /> MtnrCMn�nl of th�Ifrn;o►lo) s�our�t hom th� holder of tho Il�n an �qreemQnt nalislaatory ta Lander subord�natinp th� Ikx► to
<br /> lht: SCCUrtty InstrumRnt.11 I.m�Aer d�temin�s that any pert ot the Propeny Is eub�ect to a Ilun wh�N mty attatn prbrily ovK thk r
<br /> S�ourRy Instrurn�nt,L�nd�r n+aY 9N�Horrow�r a not�s idontHylnp the lien• �orrowor ah411 setisiy lho li�n or tnke one or more o1
<br /> th��otkms pt(odh ahow wkhin 10 daya ol th�pNh9 ot notbs.
<br /> 6. Fee�. LMder may coll�ot IMS �nd oharpes authorized by tha Sec►etery.
<br /> 9. Ground� tor Ac�eleretion of Debt.
<br /> (a) Detault��a�c.►may, oxcapt aa IYnked by repulat�ons Issuad by ths Secretary in the Case of payrrMnt detsuks,
<br /> r�quY� km�ditt� pRyrn�nt fn�ull ot a►I aums aecured by thls S�curity Instrument ff:
<br /> (I)Borrowly de�auKS by itflinfl to P�Y��W Any monthly ptyment raquked by this 3eCUrRy Inatrument prbr to or on
<br /> th� du� dtts 01 the neM monthy payment,or
<br /> (N) BorrowK defauks by failiny,tor a perbd ot thMty days,lo podorm any other obl�gatbns cantafned In this Seaurity
<br /> Instrument.
<br /> (b) Sa10 Without Credit Approvel. Lender shall,if permitted by appl�Cabie law (holudinp seatbn 341(d) o t e
<br /> CyamSt 0�►nNh D�pository InstRutlons Act ot 1982, 12 U.S.C. 1701�•3(d)) ond with the prbr�pproval of the 3acratary.
<br /> requlrs kNnadilts p�y�t M��u��ot ell the sums seCUrEd Dy thb Security �nstnn'�ent it:
<br /> (i) AI cr part ot the Property, or a benefblal hterest In a trust owninp all or part of the Property� ts sold or
<br /> otheiwis�trensterred (other thnn by devise or descent), and ��� 81 reslQence, or the purohasar or
<br /> (il) Ths Proporty is not occupled by the purcheser or qrantae as his or her p ip
<br /> , qrantoe does so occupy the Property, but his or her credit has not baen approved h accordancs wRh th�
<br /> requYerrNnts of tho Secretary.
<br /> (c) No Weiver. If akcumstances occur that would parmit Lender to requke Mmedlete paymer►t in tuN, but L�ndar
<br /> does not requlre suoh payments,Lender does not wabe ks rqhts with respect to subsequent events. v
<br /> (d) Repuletlons of HUD Searetary. in ma�Y ckcumstances reyui4ciona Issued by the secrean w� �r"K
<br /> Lende�e ri8hts, in the case ot payment delaufts, to requtre immediate payment in tull and foreobse N not patd. This
<br /> Security Instrument does not authorize acceteration or toreclosure if not permkted by repulatbns of the Secntary.
<br /> (e) Mortgaye i�oi i���u��i�• �L�a•�'�-4f�e°- t^A'• x thls Security Instrument and the Note ar� not determh�d to
<br /> ba elipale tor Inaurance under tha Netbnal Houshq Act withh� Ot dey8 90 hom the dsts hersof, L�nd�
<br /> may, at Its option requke knrtwdinte payment In tult of aY sums secured by this Seourity Inatnimont. A writtan atttMn�t
<br /> ul any�uthalrsd ayent oi the Secretary dated subsequent to� Of deVB (AO) lrom tha data herwf, d�olhinp
<br /> �o insur� thb Security Inswment and ths Note, shnll ba deemed conalusNe proot of such InalqRaNity. Noiwkhstuidinp
<br /> tha fonpoinq, this optbn may not be exarcised by Lender when the unavailsbility of Insurqnca is�soNly due to 1.and�fs
<br /> hflurs to remR a morty�ps Insuancs premium to the Secretery.
<br /> 1Q, pcinetelement. Bortower has a riyht to be rehstated H Lender has requkad knmedinte paymant in 1uM b�cwN of
<br /> Borrower'e tailure to pay an amount due under the Note or this SeCUritY �nstrument. This rght applias ev�r� dl�r tor�obaun
<br /> procNdfnps are i�stRuted. To retnstate the SecurRy Instrument, Borrower shall tendar In a lump sum all �mounts 1n1qu�t=
<br /> brinp Bortowers account current Including, to the extent they are obngatlons ot Borcower und�r this SocurRy
<br /> forecbsuro aosts md reasonabb and customary ariomey's fees and expenses propery assaokted wkh tM foncbwn
<br /> proceedinp. Upon rehstatemsnt by BoROwx,this Seeurity Instrument and lhe oblipatbns lh8t R ssoUr�s shaM t�n�h in Mhct�s
<br /> M L�nder had not requWd Irnmed4te p8yment in fu�L Howevet�Lender Is not required to p�K �sutMnsnt If: .(Q 1-�ndK Ms
<br /> accspted refnsutemar►t afler ths commencement ot toroclosure proceedinps within two Yws h+�w�N p�b� t�
<br /> commK►cMnent of e aunent lorecbsura pro�eadinp, (ii)rehstatem4nt will preatude toretsbaun on dMfKrnt prounds ln tM lutun,
<br /> � pr(Nf) roinstatement wfll adve►dely aNeot the prbrity of the Ifen created bN thls S�curky Instrumef►t.
<br /> 17. Borr�wer Not Released; Forbeerance By Lender Not e Weive�. Extensbn of ih•cim.ot aymsnt ar
<br /> modMicatlon ot amoRiratbn of the sums s�curad by th(s SeCUrky InstrumMt qranted by Londo►to��Y sucC�stor h M►lM�S�of
<br /> Bortow�r shaN not opersta to reieoae the Itsbllity ot ths orqinal Borcowsr or 6ortower's succsssor!n Inhrest.L�ndK shaN not b�
<br /> requtred to comma�ce proceedin8a agahst any successor In hterest or refuse to axtend tirn� fu►PaYn�t or oth�wks modMY
<br />� Borrow��ansuccessors fn In�est Anyt�°�b�°n e by Len er k�yexe CIShO f flnyyripdht or�rNnedY ahaYhnOtrb��a wah►K�o a
<br /> preclud�the exerClse o1 any ripM or remedy.
<br /> 12. Succe�sora end Asal�na Bound; Jotnt end Severel Llability; C�-a�pnera. rn� aov.rw�n �na
<br /> �nroam�nls ot this Securfry Instrumsnt shail bad and benefR the successors and asslpns of Land�r�nd Bortow�r.subJ�o!to th�
<br /> = provfsbna ot Parepreph 9(b). Bortowor's co+renants and eyreemenle sh�n be Joht and several. Any Borrowr�r wh�`�s�pn��
<br /> Securily InsVwnent but does not execute tha Nota: (a) Fs co•signinp thls SeCUrity Inst�ument ony to moR�.p�
<br /> that Bonowera interesf in t�e PropertY under ths terms of thts Socu�ity Instrument; (b) Is not parsonaNy obYptt�d to paY the
<br /> -j sums secured by this Security Instrument; and (c) aqrees that lender and any other Bortower maY n�ra ta axtond, modNy,
<br /> _- torbea�or meke eny acCOmmodatbns with regard to the term ol Ihis Security Instrume�t or the Nob wkhout that Barow�6
<br /> ��i aonsent.
<br /> "'"-' y y dNlverh k or b mailinq R
<br /> - ._.�___ .., n........,e.�r��tdad tor h this SeCUrit Instrument shall be �bY fl y
<br /> ,r� 7J• i�HlltiQO. Nt� iw�NO w ..�..�.._. � _ -
<br /> �� by(k5t class mall unless epplicabis law requires use ot enother malhod.TNe not�ce shall be directe0 to[ns rropwiY^a��+��^
<br /> '�i �ny other addre5s Bortower des�gnates by noC�Ce to Lender.Any notiCe to Lender Shdi be piven by ii6t Ckss mtM t0 L�ndIK':
<br /> _�,
<br />,:.� addross stated hereh or eny address lender desfpnates by not�ce to Bortower. Any notke provldod for in thk S�cu
<br /> :;a
<br /> Instrument Shall be deemed to have been piven to Borcower or Le�der when qNen es provided h this parayMPh•
<br />'�}•: 14. Gov�rnin� Law; SEVC�abllity/. Tnls Security Inslrumont shall be povYmed by Fsdanl Mw �nd th� Ilw oi tM
<br />_�� Jurisdblbn In wh�h the Property is located. In the evwrt ihat eny provl�ion or ctauso of thf8 S�cunty In6trum�nt or 1M NOb
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