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201301902 Security Irrstrimteni. A wi Men ten statement of any authorized agent of the Secretary dated sl.rbscgiient to 6(1 days ii aim ire date hereof. declining to insure this Security Iristrutacut and the Nhrte, skill be deemed conclusive proot of such ineligibility. Nt twirhstmidine the foreaott+g. this option may rim be exercised by Lender when the tur,rs.rrfabilify of insurance is solely die to I ender's Millar:t.: remit a mortgage insurance premium to the Secretary 10. Reinstatement.Bonindier has a right to be reinstated if Lender hat-requited inuned nrte payment Ill full because .•f Borrower'., failure t' pal an amount due under the Note or this Security Instrument Thu,right applies even suer foreclosure proceedings arc instituted. To reinstate the Security lintrurnent. Borrower shall tender In a lump suit, all innottnts required to brim; tionower's account current including. to the extent they are obligations of Borwwer under this Security instrument foreclosure costs and reasonable and cushmrai attorneys ter,and espouses pr'Telly associated with the foieelo,nre proceeding I'poin ieltistnrernent by Borrower, this Security Instrument and the rolriigatre'n, that it sdcutcx shall remain in etfect as it I.cu der had not requited immediate pa,'m:irt in full. However. Lender is not required to permit reinstatement it: U1 Lender ha,accepted it-instatement a tier the commencanent of toreciosrn; proceedings within two years immediately preceding the cotnmcicemeat ufa ctrrrenr loteciosure proceeding. ti 0 reinstatement will nrcelude foreclosure on d€f€.rent grounds [u the future, or Intl reinstatement will ail:ersely affect the priority of the lien created by this Seern'rry Instrument. 11. BorrowerNot Released;ForbearanceBy LenderNot a Waiver. Lvteirsr.'n tit the time of payment or moditieation of amoruzatrcvi of the sums secured by this Security Irrstrunrent granted by Lender to any successor in interest of Borrower shall not npet ate to release the liability of the orrgmal Borrow et or Borrower's sucee.s,or inn interest. Lender ,hall not be required to con nnence Proceeding:, against any successor Hi interest or refine to extend time for pavnrent or otherwise modrti auk ail 7ativrr of the :tinny secured by this Security ln,irumeni by reason of any dent.nrd rnade by the original Bon ewer or Borrower's successors in tnteiest Any forbearance by Lender to exercising any right or remedy shall not he a wmver ,rt or preclude the exercise of any right or remedy. 12. Successorsand AssignsBound„Joint and Several Liability:Co-Signers.The covenants and agreements of this Security Instrument shall bind and benefit lire successors and assigns '1 Lender,Ind Borrower. subject to the provision‘of paragraph oth3. Borrower's covenants and agreements shall he punt and Sc vci al. Any Con owes who co-signs this Security Instrument hut does not execute the Note- la, is co-signing this Seeutrt}' histttmrcid osrty to mortgage, grant:and convey that Borrower', interest in the Property under the teams of this Security Imrrument. thl r; not pens nally obligated to pay the stuns 'coin ed b,' ihts Secretly Insrrunrent: and ice agrees that ].ender and any other Borrower may agree to extend, modif. forbear or make any accommen axioms with regard to the terms of this Security ht,iruuicnt or the Note without that Borrowers eo usent. 13. Notices,Ally notice: to Burrower pit't-ided for in chi. Security Instrument shall be 'en by delivering ii or by mailing it by first class ,earl tnrlees applicable law requires use of another method. 1 he n,itree shall 'rte directed to the Property Address or any other address Borrower designates by notice tit Lender. Any notice to Lender:.hall he given by fins( class mail to Lender's address stated herein or any'address Lender designates by notice 10 Rot rower Any notice provided for in this Security Instrument shall be decried rr have been given to Borrower or Lender when given as pre;died in this Paragraph 14. GoverningLaw; Severahility.Thrs Security Instrument shall be governed by I edcral law and the later of the jurisdiction in which the Property is located. in the elent that any provision or clause of Ibis Security Instalment of the Note conflicts with applicable law. stein conflict shall not effect other provisions of this Security Insrrtumeat or the Note which can he given effect without the conflicting pros isron To this end the provisions tit tins Security Iirstrnmenr and the Note are declared to be severable. -,411nnar4'JI rH+dFRS-NE MIEN NINON Ill gl{i tt{ - ”" . % n-:r�J low r,MI,al 3 i , ✓ RN I! IN IIII I H91 1111 ...,jrA y� °e::MF:IIrrJr,,1,-,1, bboflrrs hie e-r rrnimr.Ir S=„err= 3 '•�' g03:,.3 6447. 0. 33 370 0610