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30. GOVERNING LAW; CONSENT TO JURISDICTION AND VENUE. <br />2 O1302395 <br />shall have the right to determine the order in which any or all of the Mortgaged Property <br />shall be subjected to the remedies provided in this Security Instrument and the Note or <br />applicable law. Lender shall have the right to determine the order in which any or all <br />portions of the Indebtedness are satisfied from the proceeds realized upon the exercise <br />of such remedies. Borrower and any party who now or in the future acquires a security <br />interest in the Mortgaged Property and who has actual or constructive notice of this <br />Security Instrument waives any and all right to require the marshalling of assets or to <br />require that any of the Mortgaged Property be sold in the inverse order of alienation or that <br />any of the Mortgaged Property be sold in parcels or as an entirety in connection with the <br />exercise of any of the remedies permitted by applicable law or provided in this Security <br />Instrument. <br />28. FURTHER ASSURANCES. Borrower shall execute, acknowledge, and <br />deliver, at its sole cost and expense, all further acts, deeds, conveyances, assignments, <br />estoppel certificates, financing statements, transfers and assurances as Lender may <br />require from time to time in order to better assure, grant, and convey to Lender the rights <br />intended to be granted, now or in the future, to Lender under this Security Instrument and <br />the Note. <br />29. ESTOPPEL CERTIFICATE. Within ten (10) days after a request from <br />Lender, Borrower shall deliver to Lender a written statement, signed and acknowledged <br />by Borrower, certifying to Lender or any person designated by Lender, as of the date of <br />such statement, (a) that the Note (so long as the Loan is insured by HUD, the Regulatory <br />Agreement), and this Security Instrument are unmodified and in full force and effect (or, <br />if there have been modifications, that the Note (so long as the Loan is insured by HUD, the <br />Regulatory Agreement), and this Security Instrument are in full force and effect as modified <br />and setting forth such modifications); (b) the unpaid principal balance of the Note; (c) the <br />date to which interest under the Note has been paid; (d) that Borrower is not in default in <br />paying the Indebtedness or in performing or observing any of the covenants or agreements <br />contained in this Security Instrument, and the Note and (so long as the Loan is insured or <br />held by HUD, the Regulatory Agreement) (or, if Borrower is in default, describing such <br />default in reasonable detail); (e) whether or not there are then existing any setoffs or <br />defenses known to Borrower against the enforcement of any right or remedy of Lender <br />under the Note (so long as the Loan is insured or held by HUD, the Regulatory <br />Agreement), and this Security Instrument; and (f) any additional facts requested by Lender. <br />(a) This Security Instrument and the Note, if it does not itself expressly identify <br />the law that is to apply to it, shall be governed by the laws of the jurisdiction in which the <br />Land is located ( "Property Jurisdiction "), except so long as the Loan is insured or held <br />by HUD and solely as to rights and remedies of HUD as such local or state laws may be <br />preempted by federal law. <br />Pre â– ious editions are obsolete HUD MF Security Instrument HUD- 94000M (Rev. 04/11) <br />Contingent Repayment Mortgage Page 31 FRENCH VILLAGE <br />