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201208584 significantly affecE Lender's rights in tlte Pro�erty (sucl� as a prnceeding in hanl:ruptcy, fnr cnndemnatinn or to enforce Iaws or reaulations), then Lender may do and pay whatever is necessary to proYect the value of the Property �nd Lender's riglits in tiie Property, including payment of'taxes, 13azard insurance and other items mentioned in paragraph 3. Any amounts disF�ursecl 6y Lender iEncier this p�r�gr�ph sh�ll 6eeome an addition�l deE�t of Borrower�nd be secured Uy Yltis Security Instrument_ 'E"h�se amovnts sha91 hear interest Prnm the date nf disbursem�nY, at the Note rate, and at the optio�i oF Len�e�•, sli�ll be irnrsiedi�xLely due ancJ payaL�le_ E3orro�ver shal] prom�tly discliarge any ]ien whiclz ]zas Prinriiy �ver tE�iS Security Instrument unEess Qorro�ver: (a) a�rees in �vritin� to EEie payment of the oUligation secured ]�y tlie lien in a manner acceptaUle to Lender; (U) cantests in �ood faith the lien Uy, or defends against enforce�t�ent af tl�e lien in, fegal proceedings�vhich in the Lender's opinion operate to prevent the enforcement af the liert; or (c) secures from the l�older ofthe [ien an agreement satisFactory to Lender subardinatin�Uie [ien to this Security Instrument_ If Lender determines that any part oPthe Property is suUject to a lien whicF� may nttnin priority over this Security IttsYrument, Lender may give Borrower a noEice idenCiFyin�the lien. Borrower sha[E satisfy the lien or taE:e one or more of tl3e actions set fortli above within 10 days of the giving of notice_ $. Fees. Lender may collect fees and cliar�es auYhorized by the Secretary. 9. Gruunds for Accelesation of Debt. (a) DefaulE. Lender may, except�s limited by regiil�tions issued by tl�e Secret�ry, Ill �IIC.'C3SE nf payment c�eFaults, require i��icr�ediate pay�nent in full of aEl sun�s secured by Lhis 5ecurity Listrume�lt if (i) Borrower defaults 6y failing tn Pay in fu11 any monthly paymen# required by tEiis Security Instrument prior to o�•on E[ie due date of tiie next n�ontlily payment, a�• {ii} Borrower defaults Uy failing, for � Period of thirty days, to perform any other ol�ligations contained in tEiis Security Instrument_ (b) Sale Without Credit Approval. Lender shall, if permitted by applicable la�v {including Se�tion 341{d) of Yl�e Garn-5t. Germain 17epository Inseitutions Act of 1982, 1? L1.5.C. 1701j-3(d)) and wiCh the prior approval of the Secretary, require immediate payment in full af all sums secured by this Security [nstrument if: (i) A11 ar part ot the Property, or a beneticial inEerest in a trust o�vning�II or plrt of tlte PraPerty, is sold ar otUcrwise transferred (oEl�er than �y devise or descent), nnd (ii) The Prop�rty is not occupied by the purcl�aser or grankee�s l�is or l�er PrinciPal residence, or tEie purchaser ar grnntee c�oes so accupy the Prn�erty hut his or iier credit has noE been appraved in nccordance�vitlj tl�� requircn�rnts uTt11n Secrelary. (C} TEo Waive�. lf circttmst�tnces occur that�vc�uld permi#Lender Yo reGuire immediate payment in full, but Lender does not rec�uire such payments, Lender does not waive its rights witlt respect to subsequent �vents. (d) Regulations of HtJD Secretary. [n m�ny cireumstances regulations issue�3 by the Sec;reta�•y will limit Lender's rights, i�� tlle case of Payn�ent defaults, to require imm�diate payment in full and forcclose if not paicl_ Tltis Security Instrument does not authorize acceleraCion ar lure[;[osure if nat}�e�•mitted by re�ulatians of the Secretary_ (e) Mortgage Not Insured_ [3crrrnwer�grees Ll3at if this 5ecw•ity instrument and the Note are not determined to be eEigible for insurance under the National Housing Act within 60 days rrnm tE�e�l�xte hereof, Leitde�• n�av, at its option, require immediate pavment in full of a1! sums secured by tEiis 2012-2i292G2 10�0497OODS2039539 OAB3 F'HA Morlgar�a WI"rH MERS-NE VMP4 NE�(1109] V[vFP p WoElers Hluwer Fnanr.Eal 5ervir.Ps 1019126i2 2:5fl PM Page 5 of t0