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201209931 signi[icanEEy afiecl Lender's ri�hts in tlie Property (suclz us a�mceeding in btml.r«ptcy, ior condemnation or ta en1'pro� luws or regulatinns), thcn Lcndcr may do and pay �vhatever is necessaey to pro[ecE the value of the Properry and Lender's rig[�ts in tl�e 1'i•aperly, inolucling payment nt�Lnxes, hnzard insurance and ather items nientiunc�3 in �aragraPh 2. Any amounLs disbursed by Lender under this pasagraph shal] hecoma nn ndditional dc6t of'f3orrower and be secured hy tiiis 5ecurity Instrument. These amounts shall bear[�ikerest frotrt ihc efate uf ctisbursement. at the IVole raLe, and at khe pptiun af Lender, shall he immzdintcly duc and payable_ Bnrrrn�er sh�ll promptEy discharge any lien which i�as prioriEy aver this Security Instrument unless 13orrower. (a) agrees in wriling to the payment nf the nhlig:rtinn secured 6y the lien in a manner acceptable to Lender; (h)contests in good faiLh the Iien by. or defends a�ainst eni'orcement of the lien in, Iegal proccedings which in the L,ender's opinion nperate tn prevent tlte enfarccmcnt ol�lhc fien; ar{c)secures frnm thc holdcr ol�tltc lien an agreement satisfactory fo Lec3de�•sul�ur�Iinalin�the lien ta lhis 5ecurity Instrument. [Pl.,en�Ier cletermines that any pnrt oFthe Property is subjeck to a lien which may attain priorily over this Sec�rity lnstrument, Lender may give 13orrotiver a rtulice i�3enlilyin� Lhe li�n. Borra�mer shnl) sntisfy tE�e lien �r take c�nc:nr more of llie�ctions sct forth abave�vithin IO days of'LI�e�iving oFnotice_ 8. Fees. Lender may coltect fees and charges autharized by the Secretary. 9. Cnrounds for Acceleratian of ClebY. (a) Default. Lender may, c�ccpt as limited 6y reg�lations 9ssued by the Secretary, ii� the case of paymcnC defauits, reGuire immedi�te paymant in fult o1'nll sums sccurcd by this Security Instrument iF. (i) Borro«�er defaults by failing to pa}° in full any monthly payment required by this Security Instrument prior tn nr nn kha c�tie dntc of thc ne�t monthly payment, or (ii) Borrower defaulfs l�y failing, 1'ar a period al� thirty days, io perform any nther nhligations contained in th[c tiecurity Instrument. (b) Sale Without Credit Approval. Lcndcr shall, if permitted by applicable la�i�(including Section 3�](d)ol'the CFarn-St. Germain Ue�asico�•y [ns�i�uciuns Ac�01'1982_ T2 U.S.C. I7Ol,j-3(d))and tvitE� the prior upproval of the Secrotary, require immediate payment in fulE of all sums secuE•ed by this Secttrity 13istrument if�: (i) All ar part of tE�c Property, or a be�eficial interest in a uvst awnin�all ar parE aC lhc Praperly, is su1�3 or aUt�rwise transferred(otlter thnn by dcvisc or dcscent), and (ii) The Property is not accupied by the purchaser ar grantee as his or her principaE residence, nr the �urchaser or�rnntec docs so occupy thc Property but his or l�er crcdit has not been approved in accordaizce witE� tlie re�[uir4mcnts of Ehe Secretary. (c) No Waive�. i I'circumstances occur tF�at�vould permit Lender to require immediate payment in Ful1, 1�ut Lender daes not require sucE�payments. Lender daes not waive iis rights tivith respect Lo subseqUent events. (d} Regulations of HUD 5ecretary. In n3any ciecumstances regulaliuns issuecl by ihe Secretary wi][ limit Lender's ri�hts, in the case ol'paymenL cl�faulls, to require immediate payment in Full nnd foreelnse if itat��Qid. Tltis Se�urily InsLrumcnt does nnt auihnri�e nccelerrEtion or forcalosurc if not permitled hy regulatinns nPChe 5ecretnry. (e} MOI'tg�ge Not Ensured. Borrower agrees tha[if ihis Sectirity Enstrument 1nd the Note are not determined to he efigihle fnr insur�nce under theAIational Housir�g Act within bQ days &om the date hereof, I�ender may, at its ontion, recLuire immediate pavmenl in full of'aIl sums seaured by this zoiz-z7s2nna t06049700012[154791 9905 FHA Mortpa�e WITH MERS•NE �F;y�;,�y q1g6 VMP fj VMpR N(N�(��n9) Wal�ers Hlu�ver Finanr.k�E 5ervices 11/21720 12 12:31 PM Page 5 aS 1❑