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201210500 Am amonnts disbunsed by Lender under this paragraph shall become an addition�l debt of Borrower and be secured by this Secuaty InstrumenL These amonnts s}tall bcar interest from the date of disbursement, at 12ie Note rate, and at tbe oplion of Lender, sl�all be immediately due and payable. Borrower shall promptly disctiarge any lien which has priority over t6is Securih Instrument nnless Borrotiver (a)agrees in writing to thc payment of the obligation secured bc the lien in a manner acceptablc to Lcndcr; (b) contests in good faith the lien by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate tn prevent the enforcement of tbe lien; or(c) secures from thc holder of the lien an agreement sati�'acwn�to Lender subordinating t}ie lien to tliie Secunt}�InstrumenC. If Lender delem�ines Chat any part of the Propeny is subject rn a lien wlvch may attain priority over�his Secunry Insmiment,Lender may gvc Bonower a noticc identifying the lien. Bo�rower shall satisfy the lien or take one or more of t7ic actione set forth above within LO days of tlie giving of notice. 8. Fees.Lender may collect fees and charges authonzsd by ihe Secretary. 9. Grounds for Acceleration of Debt. • (a) Default.Lender mac, except as limited by regulauons issued by the Secret��n. in the case of pa}m�ent defaults, require immediate payment in full of�Il sums secured bc this Securih Instrument if: (i) Borro�ver defaults by failing to pay in fiill any monthly payment required by ffiis Secunry Instrument prior to or on the dne dale of the next momhly pa}ment, or (ii) Borrower defaults bq failing,for a penod of Ihirty &�ys,to perform any other obligations contained in ttus Securiry lnsirument. (b) Sale Without CreditApproval.Lcnder shall, if permitted by applicable law(including Section 341(d)of the Garn-St Germain Depository Lisrit�zrions AcL oC]982, 12 U.S.C. 1701j-3(d)}and�vith the prior approval of the Secretary, require immediate payment in fnll of all sums sec�ued by this SecuriTy instrument if: (i) All or part of the Pmperiy,or a bencficial interest in a tmst owning all or pact of the Properry, is sold or othenvise transferced(othcr than bti devise or descent), aiul (ii) The Properip is not occupied by the purchaser or gramee as his or her principal n;sidence, or thc purchaser or grantce does so occup� thc Properiy but his or her credit has not been approved in accordance«itli the requircments of[he Secretary. (c) No Waiver.If circumstances occur ttiat wonld permit Lender to require immediate pacment in fixll, but Lender does not require such payments,Lender does not�vaive its nght�witb xespect to subsequent events. (d) Regulationsof HUD 8ecretary.In many circumsiancesregulations iesued by the Secretan�will limic Lender's rights, in the case of payment defaults, to require immediate payment in full and foreclose if not paid. This Security Instrument does not authorize accclerationor foreclosure if not permittcd b} regnlatim�s of the Secretary�. (e) Mortgage Not Insured.Borrower�grees thal if this Security Instrument and the Note are not deterntined to be eligible for insurance under the National Housing Act within 60 days from the date hereof, Lender may, at its optron, reqwre immediate pay ment in fiill of all sums securc d by this Security Instrument. A written statement of any au�horized agent oP t6e Secretary dated subsequent In 60 days from thc date hereof, declining to insnre this SeauriTy Instnunent and the Note, shall be deemed conctusive proof of such incligibility. Notwitfistanding the foregoing this option may not be FHA Deed of Trust-NE qry�g VMP� VMP4R(NF�("�10.5)00 Y✓otte�s Kluwer Finandal 5ervices Page 5 of'10