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201209630 Scciirily[nstrument,A w•rifien stntcmcnt of any aulltarized ubent of the Sccretary da[ed subsequent tu 60 days IFom the dlte hceeof decliniE�g W insure[his Security Ins[rumenE a�icl lhe Afutc.shall 6e d'eemcd conclusive proof'of such ineligi6iiity.Nohvithsland'€ug lhe fare�oing,this option may nn€be eycrcise�by Lender wl�cn the unavaila�ility ul'insurance is solcly due ta Lender's tlilura ca remii a ' mortgage insurance premium to the Se�retary, ' 1 fl. Reinstatemenk.i3orroiver has a right to bc reinstaled il'Lcndcr has rcquirecf immediate�ayment in full ' �ecause af�arrowcr's lailure En pay an amouni due under�he Note or this Security lnstrurncrtt.'t'his ri�ht ' applies cvcn after loreclosure pruceec€ings are insliluted,To reinstate the Securih�Instrumeni, I3orrower shnll tender ia a lump sum all amounts required tn brinc Borro�ver's account current including,to tiic c�ient thev are o6lig�tions of 8orrower under tl�is Seaurity Insteument, I'oreclnsure cnsls nnd reasonable and cuslumary atlarneys' fees 1nd expenses properly assaciated�vil.h thc foreclosure proceeding. Upon rcinsintcmcnt by Borron•er.this Security Instrument und[he obligations tl3at ii securc:s Shnll remain in effect as il'Lender hud not required immcdiate payment in fuEl.1lnwcver,Lcnder is not required to permil r�instutemcnt il':(i) Lender has accepted reinsYaCemcnE after the commeucement of forenloaure proceedings��ithin lau years immedintcly precedi�g the commenccment af u currenl lorec]osure proceeding,(ii)reinslatcmenE��il[ preclude Por��;lusure on diflarent grounds ici the 1Lture,nr(iii)reinstatement will adverseiy aflect the prioriry af Nie lien createcl by LE�is Security[nstrument. 1'i. Borrower Not Released; Forhearance By Ler�der NoE a Waiver.Cxtension ofthe timc uf'�aymen!or modification of amortizatiun a!'the sums secured by lE�is 5ecurity[nstrurrEent granted by Lender to any ' succcssar in interest of Borro�ser shall not operute to release the]ia6ility of the nri�innl Barrower ar IIorrawer's successor in interest.Lander sE�all na[6e required ta oommence proce�dings agains[any successur in intzrest or refuse to extcnd�ime for payme�t or olhcr�vise mfldify amnrlization oFthe sums secured by[I�is Securiry Instrument by reasan oF any demnnd m�de by the ariginal 8orruwer ur]3nrrn�ver's ' sueccssars in interest Any forbearanee Uy Lender in esercising anv ri�hL nr remcdy shafl nol 6e a Gvajver oC ar prealude the exercisc of any right or rem��fy. 72, Successors and Assigns Bound;Joint and Several L.iability;Co-Signers.The co.�enants and agreements of this Security lres€rumcnt sha11 bind and 6cneSt the successors and assigns nf I.,endcr and Borrotver,subject to lhe prnvisians af paragrapli 9{b}.Borrwver's cnvennn(s and aEreemen€s sl3a3f�c joint and several,riny Borroir�er�vho co-siFas this Securiiy lnstrument but does nul execute ihe]Voic:(a)is co-signing Iltis SecuriLy]nstrumen[onE��Lo mortgage,grant and convey ihat[3arrot�er's interesl in Lhe ' Prn�erty undcr€he terms oFYiiis Security Instrumcn�(6)is not persondlly abligated to pay t4e sums secured ' by lhis Securi[y Instrumeni;and(c)agrces that Lender and any other f3orrower may ngree ta eslend.modify, lnrbcar or make any accommodations�a�ith regard to the terms ot�[his Security Insfrumen€or the No(e ti'i[huul that�orrotver's c�nsenf. 13. NaticeS.Am�natice tu Barratver provided lar in lE�is 5ecurity Inscrument shall be given 6��delivering i[or by mailine it by first class n3n9[unlcss applicable[aw req�ires use oFannkher method.The notice shal]be ' direeted to[he Property Address or any other acidress Borrawer designates by no[iee tn l.encier,riny notiee to Lender sha]!be given by tirsl class ma€I to Lender's address s[nted hcrcin or any address�.et�der designates by notice to Qarrot�•er.Any noticc provided Por in tltis Sec�riLy]nstrumcnt shall be deemed tq hace heen given to Borrawcr or Lender�vhen given ns pro��ided in this paragraplt. 'i 4. Gavel'ning Law;$eve26ility,'I'f�is 5ecuriiy Inslrumeni shall be gnverne�i hy Fcdcra[]a�ti�and ihe]atv of []te jurisdictinn in�vhich the Property is lac�[ed. in the evcnl that any provisio��or cluuse af this Security Inslrumcnt ar the 1Vpte conflic[s with applicable law,sttch cpnl7icL shali nnt nffect otltcr provisions oFthis Securily[nstrumcnt or the lote which can be given effeet withaut llte conflicling provision.7"o Utis end the provisions ol'tliis Security Instrt�ment and the Note are declared lo be severablc. �oiz-zolsQz� 10�0497tlOQ12a57238 FNA Alarlaa6e�h'IiM MFp$-NE 2305 �. VPdP o�n � ReviaeJ 41�8 ��. WCllersKluwe:Flnanclal5en�'o�e; 1119V241'�+ 11;33qp1 ��P4�7(NE�(�4G9� �� Fago�9�10 �