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201209696 significantly affect Lender's rights in the Properry(such as a proceeding in bankruptcy, for condemnation or to enforce laws or regulations), then Lender may do and pay whatever is ne�essary to protect the value of the Proper[y and Lender's rights in the Properry, including pa}�nent of tases, hazazd insurance and other items mentioned in pazagaph 2. Any az�wunts disbursed by Lender unda ttvs paragaph shall be�ome an additional debt of Borrower and be secured by tt�is Security Instniment. These amounts sha11 beaz interest from the date of disbursement, at the Note rate, and at t6e option of Lender, shall be immediately due and payable. Borrower shall pmmptly discharge any lien wlrich has priority over tlus Security Inshvment unless Borrower: (a)agrees in writ'rng to the payment of the obligation s�ured by the lien in a manner acceptable to Lender; (b)contesis in good faith the lien by, or defends agains[enforcement of the lien in, legal proceedings wluch in the L,euder's opinion operate to prevent the enforcement of the lien; or(c)seases from the holder of the li�an agreeinent satisfadory to L�der subordinating the lien to this Security Instrument. lf Lender determines that any part of the Property is subj�t to a li�which may attain priority over this Security]nstrument, Lender may give Borrower a notice identifying the lien. Borrower shall sakisfy the lien or take one or more of the actions set forth ahove within 10 days of the giving of notice. 8. Fees. [ender may collect fees and charges authorized by t6e Secretary. 9. Grounds for Acceleratlon of De�. (a) Defauk. Lender may, except as limited by regulations issued by the Secretary, in the case of payment defaults, require immediate payme�t in full of all sums secured by this Security Instrume�t iF (i) Borrower defaults by failing to pay in full any monthly payment requir�by this S�ttrity Instrument prior to or on the due date of the next rnonthly payment, or (ii) Borrower defaults by failing, for a period of thirty days, to perform any other obliga[ions contained in tlils Security Instrument. (b) Sale Withart Credit Approval. L,euder shall, if pennitted by applicable law(including Sa;tion 341(d)of the(3am-St. Gennain 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 Insh�ument 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 othenvise transferred(other than by devise or descent), and (ii) The Property is not occupied by the purchaser or grantee as lris or her principal residence, or the purchaser or grantee does so occupy the Property but his or her credit has not been approved in accordsnce with the requirements of the Secretary. (C) No Waiver. If circumstances occur that would perniit Lender to require immediate payment in full,but Lender does not require such paymeuts, Lender does not waive its rights with respect to subsequent events. (d) I�gulations Of HUD Secretary. In many cucumstances regulations issued by the S�retary will limit Lender's rights, in the case of payment defaulu, to require immediate payment in fixll and foreclose if not paid. Tlvs Security Insh-umeut dces not authorize acceleration or foreclosure if not peimitted by regulations of the Secretary. (e) Mortgage Not Insured. Borrower agrees that if this Security Insuvment and the Note are not detenuined 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 tlus 2300268820 D V4NNE FXA Mortgape WITH MENS,NE flevieed 4/98 VMP(iy` VMP4N(NE)11109) Wokers Kluws Finaiuel Servir,es Pepe 5 of 10