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201210800 Any amounts disbuised bY Lender under this paragreph shail become an additional debt of Borro�ver and be secured by tliis Security instru�nent. These amotmts shall bcar interest fram the date of disbursement,at the Note ratc, and a[the option oF Lerider, shall be im�iediately due aud payable. Borrower sl�all prornpily discharge anv lien�vhich h<�s priority over this Security Tnstrument unless Borro�ver (a)a�rees in writing to tlie payment of the obligation secumd b,y the lien in a maiuier acceptable to Lender; (b)contcsts in good faith tl�e lien by,or defends against enforcement of the lien in; legal proceedings which in�he Lender's opinion operate to prevent the enf'orceinent ol the lien;or(c)secures from tlie holder of ihe lien an agreemenY satisfacton to Lender subordiru�ting ihe lien to this Security Instrument If Lender deterniines that any part of the Propert�is suhject to a lien which may attain prioriry over this Security- Instrumcnt,Lender ma3-give Borrower a notice idcntifying thc licn. Borro�ver shall satisfi�the lien or take one or more of the actions set fortYi abo��e�vitYun 10 days of llie giving oP notice. 8. Fees.Lender may collect:fees and charges authoriz.ed by the Secretaty. 9. Grounds for Acceieration of Debt. (a) Default.Lender may, except as limited bs-regulations issued bc the Secretan�, in the case of payment def�txits, require iminediate paymcnt in fixll of all sums secured by this Securitv lnstnzment if: (i) BocTower deFaults by failing to pay� in full anc monthl� payment rcquircd by this Sccurity 1tLstninient prior to or oti the due date of the next montl�ly�payinent, or (ii) Borrower def�ults b}�fai]ing,for a period of thirty days,to pertbrin any other oblibations contained iu this Securicv ins�rument. (b) Sale Without Credit ApprovaL Lender shall, if perrnitted by applicable law(including Section 341(d}of ihe Gani-St. Germain Dcpositon-Iustitutions Act of 1982, 12 LT.S.C. 17Cllj-3(d))and with the prior approvai of thc Secreta�y�,require immediate pa}�ment in fixll of all sums secured by this Secttrity ltistnunenl if: (i} All or part of tht Property, or a heneficial interest in a tnxst owving all ar part of the Properfy, is sold or othen��ise transferred(other tl�an by devise or descenl),and {ii) The Properiy is not occupied b�� the purch<�ser or gr-antee as his or her principal residenee,or Yhe purchascr or grantee does so occupy the Properh-but his or her credit l�as not been approved in accordance�viiti the requiremeuts of ihe Secretarv. (c) No Waiver.If circiimsL�ances occur that would pern�it I..ender to require immedi�te payment in fiill, but Lender docs nat require such payments,Lender docs noY cvaive its iights with respect to subsequent events. (d) Regulativnsof HUD Secretary.Tn mam�circumstanccs rcgulations issued by the Secretary cvill lixnil Lendcr's rights, in the case of paymcnt detmlts, to require immediaiepayment in full and foreclose if not paid. This Security InstrumenL does not�uthorize accelerationar foreclosurc if not permitted by re�ilations oi�tlie Secre(��ry. (e} Mortgage Not (nsuPed.Borrow�er agrees that if this Securit�-Inscrument and the Note are not determived to be eligible for insurance undcr the National Housing Act within 60 days from the date hereof,Lender may,aC its option, require iinmediate payment in full of all sums sectiired by this Security Instrument. A written stalement of any authorized agent of the SecretarS-dated subsequcnt to 60 da��s from thc datc hereof, declining to insure this Security Iustruinent axid thc Notc, shall be decmcd conclusive proof of such ineligibility. Not�rithstanding tl�e foregoing, Lhis option may not be FHA Deed of Trust-NE 4f96 VMP l�4 VMP4R(NE)(t905)00 Wolters Kluwer Financial Services Page 5�f t0