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<br /> � (i)AU or put of Iha Praperty,or a beneC�cial Intcrest in a trust ownIng all or part of the . sold or
<br /> oltierwLse transferred(othu than by devlse or descertt),and
<br />-°�-� (ii) The Property ia not occupled by tlk �turchaser or grantee as his or her prineipal residence,or the
<br /> '� piu�chater a grantoe does so occupy tho Propaty but his or her credit has not been approvod In accordance
<br /> wIth tko roqttirements of the Socretuy.
<br /> ' (e)No Waiver. If circumstaaces occur that would pemdt L�nder to require imn►ediat�PaYmrnt in fuU.but
<br /> `�,±�.;-..y•,.., Lenda does not requin sucb paymenta,I.eoder does noR watvc its r�ghts with respoct to subsequent events.
<br /> -_. ...: (d) Re�ulatiooa ot�IUD 6ecr+atarq.In meny circumstances nguladons issuod by the Socretuy wlll Wnit
<br />_T;;,�.'�: I�da�'s dghu,in the case of paymer►t defaults,to requ9re Lnmodiate payment in full end foreclose if aot paid.
<br /> -_---s��+ This Socurity Instcument does nos authodzo ac�.ekration or foroclosure if not pecmiuod by regularions of tho
<br /> _� Socr�etaty.
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<br />.;:;���f�* ie)Mortp�e Not Ynsured.Bormwr�r ege�es it�at�f this Securlty Ins�umcnt and thc Nate�re not detamined w —
<br /> _,,,-..;'�i be eliglble fa lnsurenca under tho NWonal Housing Act within 60 daya from the dato heroof,Lender may,at
<br /> ''�`�ti'�� its aption� nquire immedi�te pnyment in fiull of all sums socured by this Sxuriry Inssuuumen� A wrtuen
<br />'�:�„;.::�� swtemern of any authorized�gent of the Socrewry datecl subsequent to 60 dsiys irom the date hueof.doclining
<br /> �'�'�'�'� w insum this Sxurhy Inswment and the Note, slwU be deaned conclusive proof of soch inellglbillcy.
<br /> =' ' Nolwithstending tha faegoing, this oPtbn msy nnt be exercised by Lenda wdu► the unavailabiUty of
<br /> V::';�; iasurance ia eokly due w Lendrr's failore w reinit a mcxtgege insuranca premium to the Secretary.
<br />= '• � 10.Refestatemee�Bomower hes s rIght W be reinauted if I.ender ha�requlred imrnodiate psyit�ent in full becauae
<br /> "=,`:,'_' .: of Bormwer's failu�e w p�y an ama�nt dne uada the Note a this Socurlcy Instrunx�G'I�dght appUes aven after
<br /> �^^��'�,�;,�� faxios�u�e procoodings ara insdtuted. To reinstata the Secur(ry Instrument, Barower shall tendu in a lu�np som all
<br /> :�-;�►;t , �rtwunts rcquirod to brL�g Borrower's account cumnt includL�g,W the wctent they are abl�gadons of Borrowa under
<br /><ij��,a.;,�s ii�is Socuri"ry Insiiuuicui, firioi;ic�u►� :,asG assti rta�ts�Z;, a:d tss�susst�s�; �:ste;' f� �ss! t�gtn_�a gt4�'..�FY
<br /> -.`..,�",,u aasoci�ted wii!► the forocloaure proceedinB• Upon re3nstaternent by Bormaer, this SocurIty Inatrument md the
<br />`-:',�d'i'���. obIIgodons tlut it sxnrav shall rem�in in effxt av if Lendu had not nquirod immodlAte pa�yment in full.Howeva�
<br /> "___.,,� Lender is not requirrd to pamit refns�uanent if: (i) L,ender h�v acc�pted reinstatement atta the ax�ur►oncana�t of
<br /> -_- v=� foroclosure pnocoedings within two years immodiatelY Pl'ocedin8 the commencem�nt of a c�t foreclosus+e
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<br />-- -- P��B�(�) reinatatement wUl proclude foraclosune on dlffaent gcounds in tha fUUu�e. or(iii)seinatateitknt wjll
<br /> _-- °-- advasely affxt the priority of the lirn�mitod by d�is Securlty Inswmen�
<br /> 11.Borrower Not Rekiued; Forbearasce By Leader Not� Waiver.Eutension of tt�e dme of payment a
<br />--��-,•-:�•� modif'�on of wnacduttton of ihe sums aecurod by this SceurIry Ins�ument gcantal6y Lender w any successor in
<br /> ----"-_`�"�� inta�est of Boaowa�il not opernte to nk,a�e the Wbility of the original Sarowa or Barowa's succe3sor in intaest.
<br /> --� La�da slwll not be required to commence proceodinga egaL�st any auccessor in interest or nefuse to extend dme fa
<br /> -- payment or whawise modlfy �notd�atbn of the aums socured by this Socurlty Instcuma►t by reaton of any dema�id
<br /> --_=-- made by tbe o�ginal Bomower or Barowu's succcaaors in intrres�My forbearence by Lentf�in oxarising any rlRht
<br /> -- or remedy sh�ll not be a waiver of a precludo tha exacise af eny right or remedy.
<br /> - � 12.S�cceaeors�nd Ae�b Bound;JMnt and Sevenl L(abUity;GaSijnere.The covenants and egreana►ts of
<br /> _—�-_� th11 Sociuiry Inatrun�t sh�l bind and beaeRt tl�o auccessors and a4signs of L.enclet and Barowu.aubjxt to 1ha
<br />- — `-- provWons of pm�greph 9(b)•Borrowa's oovu�anta and ngror,tneats ah�ll be joint and seve�l. My aorrower who
<br /> -��� co.signs thLg Securlty Instcument but does not exauta thc Note: (a) is co-signing this Socurity Insuument only w
<br /> -- '��K� matg�ge.qmnt and convey th�t Borrower's 3nt�xest in tha Propaty undu tha tams of this Securlty Ins�uma��(b)�S
<br /> _'--- not PasonallY obdB��PaY the suma socurod by this Sccurity Instrumem;ond(c)agroes�hot I.axfer end any othu
<br /> _-��:=�:� Barowu may agroe to eutend.modify.forbar or malce any eccommodadons w[th regard co the taims of this Security
<br /> _�,�'� Instrumcnt or the Notc without ihet Borrower's consen�
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