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<br /> �' in a tcast avrning all or gait of the Property,is soid ,.
<br /> �. t (�AIl or patt of the Pmperty.or a beneScial i�tetest ,
<br /> '" `�� or atheiv�ise uaasffemed tather tbaa by devIse or descens),aad r:
<br /> � tt s ��c,or the
<br /> �� '-` ` � is not acc�ted by the prxchaser or grantee as his oz her pri�Cipal � .
<br /> � '% �� C� �IP�Y ved in �� � '
<br /> . . ;{ pnr�aser or g�antee dues so accugy the PmpertY bui his or her cledit t�as aot beea appro , ;:
<br /> �. � �
<br /> �' a�coidanoe with the teqaiien�s of the 3�cr�uy '
<br /> � ' � aocur that woald permit I.ender to iequite immediaze PaYme�t ia fail, b�
<br /> • . (c?No Waiver.If c� ` =
<br /> . . � T�der does not�equiie snch gayme�.Lendet does rtot wazve its ri�hts wiitt tsspect to subseqaeru events. _.
<br /> � , '-,�.' tiomg o�HQD Sec$eta�9-Tn m�Y circ�nstances reg+ila�ons issued by the Secretaty ur�1 Iimit
<br /> . . ����a � ,'...
<br /> : �k L�der's dghts.ia the case of paymeat defmilts,w teqaire�iate Payment in full and foreclose if not ,, .
<br /> . .4�i p aC i d.This S e i,v�►Insuument d a g s not�thof�:m aa:e2eradon or foreclosar�if aot permiued by reSul��s �,r���:
<br /> ta
<br /> -Vi�.swivwy. •,�fF rr'�:
<br />'d:.. . ��, €:� (e)�ge PFot iasmrea-Boimwer agrees that�this Secu�sg Qastrament and the Note aze not determined •,x. ...;,;
<br /> . - �'; to be eli�le far msurance wnder the Nai�onat Housing Aet wiWin GU daYs fmm the dat�hereo�Iender . � x:.
<br /> '�,F m fnil of a1I sroms secroted by ttsis SecaritY Ins�i�e��.A {1 ' ,.:,�,,
<br /> at its opdu4 �ait��PaY�
<br /> =�a �'�' `.� wtinen s�ement of at�}►sutharized a8e�of tIIe Seaetary dated anbsequcnt to 60 days from the date heseof, ,
<br /> ` `��; :' ' Insummeat and the Note, shall be deemed consIusive pmof of s�
<br /> - ,:-: � deetining to �ns�e this Se�urit�+. _
<br /> - l'�: , in�glbility. Notwithstanding the foregoin$. tlIIS option may not be exercised by Le�dec when the
<br /> . .4; } �"� unavailability of insurance ia sale2y due io I.ender's faiiure w remit a mortgage insuraace premium to the : �.
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<br /> '�•; . 10.��. Bormwer has a r�gJ�t to be reinstated if LRnder has re.qui�d�m�tate PaY�t ia foll
<br /> • � because of Bomawer's faiIure to pay aa amowrt due under the Note or this Securiry insuament.'t�s riP,l�t aPPlies •„_j
<br />,-:`�. ' are instituud. To reinstate the Security Tnsaniment. Borrower ehall tender in a ,
<br /> ` . � even aRer farecteseue pzoceediags � n�.°---.
<br /> _ � � �. ..� ± l�p���ts requited to bring Bormwer's aovount cu�rcnt Inchsding�w the extent they are abligations ot ,.., .�
<br /> ,.,.E:4 BO�mwei uIIdet th3s S��tS►r" +m�*-folECtosuse Costs 2u�te�son2bt0 aad Cus[oIDetY sttt�AeYs'fces and expenses . ��_'
<br /> , ,� P m P�y�aclated aIth the forectosure pmceed�ng•UPon reinstatement bY Bormwer.this Securiry 3nsuument and ��
<br /> eme
<br /> � �,i? �e obUgations tbat it sectnr2s shaU remain ia effecx as i f L e n der h a d ao t:e q u i r e d i m m e d i a t a P a y m e a t•i a f u ll. .��,-
<br /> . . ,,.•s:..,;
<br /> - , .�:f .Hovrever, Lender is not reqai�ed to permit reinstatement if: (i) l.end� haa accePted reinstatemeat after the
<br /> ' � ��� oommenc�ement of foreclosiue proceedings cvithia two yeazs immedPatelY��8�e commencemeat oY a cusent : ,�_:
<br /> ^.j.r refnstate�at wU1 Pre�iade farectosare oa differ�nt g�ounds in the Rnture. os (�ii) . �`~L
<br /> _ �.; forec�osure pmceedinS, (� , . �;.;
<br /> � ���:� r�;i�utateuiesu will adversely affect the priority of the 1ien cr�ated bY this Sec�uIry Iasuument. _,. .�--
<br /> � � ' � 'il.Borrower Na2 8eteased;Forb�arance SY Lrader Not a Waiver.Bxtension of the dme of payment or ."wy.�
<br /> � � •� ..���� modificat�on of amoitiration of the sums�secured by thig Securlty Instrament granted by Leader to any saccessor in �`''=°�
<br /> - ' " ���� � . iaterest of Bosrower shall aot operate to release the 1iab�iry af the orlginal Bo:rower or�orroa+er's successor in : •�.'.:�,rt
<br /> - inter�st.Lender shall mot be renuired to commence procePdings aP,ainsc az�3►successor in interest or refuse to extend . _
<br /> - ? time for payment or othezwise modify amortlzatton of t�a sums secured by this Secaairy lnsuument by reasoa of any �".:
<br /> • .''��• �, de�d made by the original Bo:rower or Eamnwer's sa.ccessors ia interest.Any for�earance by I.endes ln exercising . �_�
<br />- ' '• ���, aay r�ght or remedy shaU not be a waiver of or preclude the eaerclse of aay r�ght or remedy. - . ---
<br /> 12.Saccessara aad Assigns�Boamd;Joiirt and Several Llability;Co-Slgne�s.The covenants�d agceements �
<br /> �?'� ' � � � .'��� ; ef this Securlty Insqannent t? bind and benefit the successo�s ead assigns of Lender aad Boirower;subject to the 1--
<br />`°,;� . . prov�isions oY pasagraph 9(b).Borrower's covenants and agreements shall be joiat and several.A�►Borrower whfl __-
<br /> - . � casigns this Securlty Iastrument bnt daes not execute the Note: (a)is co-signing tbis Seauity Iasttument only to ;_
<br /> ,,'.. . � mortgage,ga�t and convey that Botm��er's interest ia the Ptaperty undsr the teims of this Security Instrum�t;@) , __
<br /> � ' ': is not pe�onalty obligated to pay the sums secured 6Y this Sec,urIty Insuument;aad(c)agrees that Lender and eny .
<br /> � ., other Borrower may agcee W emend,modify,forbeaz or make any accomffiadatioas wttti regatd to the terms of this . -e-
<br /> ,� gecurity Insuument or the Note without that Bosower's cansent. _ __
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