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<br /> '` . , R� 4 . der wder this Para�aph shaH h�ome an addffionai debt of Borrower end bs sea;ed by •Y� ��
<br /> �t`, � , My 8motmte dsLursed by Lat e `• ; -. :
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<br /> � • �S geau�y tnstr�uneM.ThESe amout� shaD bear tnterest from the date oi disD�usement at the Nate cate.and ffi the apttcn of '4'�.., `�t4�,:
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<br /> � LenQ�shaU De tmmed�ty due and PaY�� ';> . <
<br /> ` , c-'� 6orrower shaD P�mD�1►dischatSe sAY Qrr whteh has pYt4ritY over this SeeufdY tnstn+mmrt untess Boirawe: (a) a�s In(� : ..
<br /> ` ` :• + vrrdfig to tRe payment ot the ob6qa�on secured by Me Qen tn a manner aa:eAtabts to lende�; N)coirtests tn 8cod fatih the Qen� �_ .
<br /> -, -,`t'r° . !ry. or detends egaTnffi entor�cmt o!.the Qen In. Eegat prooee�ngs whtch in the L�ender's opinion operate to prevent dis � <�, '; ___
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<br /> ,, e�taccement at Me Qen:or(c)seeur�s irom the ho►der at the Qen an agreement sati�factory to Lender subord�wling the Qen —
<br /> '�. ' tNs Seauityt Ir.�tcumeoL!t lender detmrnine9 that enY PaK of the ProAeRY�s subject to a U�r►'�the Nen or take one ar more� ..'`,` � " -=T
<br /> ,.� . gecurily InsOument,lender ma�►9�a 8orrow2r a not[ee tde�tftytng the Iten.Borrower shaf!satiistY � .,._,_�.
<br /> • t. ' ths acttone sat tmtt�8bove.w9Nn 1Q days ot the�vtng of no�r.e. � `
<br /> `-�,.,� 8,F8g9.Lender m�y eoflect Tees ana charges authorized b31 the Secretary►• � �, '°
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<br /> � 9.�r�nnds for Accetera4lcn�f Oeb�L � x�y _._.
<br /> :.�,, :, � � �a) Detauti.L�►aer maf+, ex�t es umftea by reg�+►auor�s t�ea.b�r t�e secretan►In the�ase,ot Waymen eet�,ns. � ` -
<br /> `. requira(rtunedtafe PaYmer�t In tuU o1 atl sums ser�ured by thts�duftfi InsUvm�t ff: � ,'—��„'` ''" .
<br /> ..ti�. , d tNs 3ecurityy tnstrum�d p�icr to or on ` __
<br /> � `(q BorrowEr defau8s by.teIIln9�PaY���Y mo►�thlY Paymert� bY r �4 _
<br /> ;.<. the due date of the nmd mnnthty paYmer►t,cr �`i ;`�.. :,
<br /> •�.,...� . .-;.. ' liiy 8artawer QelauRa by taIDng�tor a Pertad of thiRy daYs.W P�rm eny other obUgeBons corRah�ed in this 6ea►(tY r:._ - --
<br /> � *�. . Instument. , . � � ° —
<br /> , , • ' (b) SelO VYitIlOUt Cr6di4 /�lpfaVBl. Lender sha0.H p�ed b1►BPAttcable Iaw pnduding section 341(dl of the �",� -_°-
<br /> [iamSt Qertnain Deposftory �nsUedlons Act ot 1882.12 U.S.C. 1707j.9(E1)and with the P�iot eAp�ot the Secreta�y►. � -_
<br /> ';F,"•� � - requtie icmnediete PaYrr�ent in tuU of eD the sums secured by this Security tnstrumenl ffi is sotd or � '. �.-�_�_-
<br /> � � (� AD or part of the Propert�/. or a benefictai frtecest in e trust awnMg ail or parC of the Property/. :
<br /> `' ' - `� �;� atheiwise transterred(other thsn by deyise or desceQ•end . , �==_---
<br /> . . . (�The Property ts not occupied by the purchaser m gtar►tee es hts er her pdnd�ai resldence.or the pucchaset ar @�__:-
<br /> -.._ _ ... - �SnLee does so occupy the Property. but his or her credd has nat been approved in accordance wfU� the - —
<br /> �, ' requir�:�rtts of the 3 e c r e i a t�l• l �'�`"",'.
<br /> ecre a
<br /> r�: �� (c) No WaIver. tf dreu��artc� ocau that wouid P� ��to require Immediate payment In tu0. but Lender �- .-
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<br /> :�',;-, . does nat require sacfi payments.Lender dee�not watve is dghts with respect to snbsequent evec�ts. ____-
<br /> " ' (d) Regulattons ot HUD Seere38ry In manY cirwmstanc�s re�►atIans issued bI► the 8ea�etasy► wQ! QmT
<br /> : Lendefs dghts, (n ihe case ot paymen►defeuits. to requ'sre ImmeQlafe payment in fu0 and toredose ff not paW.This =_-.___-__.._.
<br /> , � ' gEpufty�nstrum�t does not aiMor(ze acceteratlon or torecbsure if not pertn�ted by�egutaUor�s of the 3ecaetmy. ,
<br /> ,`:� . ;,,:,�... .. � {e) MortSage t�ta4 Insured. 8orrower agrees that if this Securfty tnshument and from ths ��da[ne hdereof, �e:der . -- -.
<br /> _ be eQgibts for insucance under the Nattonai Nousing.Act tivRfiin 9�
<br /> . • � may.at @s cpUon cecNire Imme�ate paymert fn Tull of sA:.�ms secured by this Se�t insbument A w�itten s�t ..
<br /> ' `,� ! of atry authorFzed agent ot tho SeuemrY Qated subsequent to 90 irom the date hereat der�cfg
<br /> , �..� to Insure this Secu�fty tnsbumer�t end tAe Note, shaD be deemed�+�s1ve proof ot such tneUgibificy.Notwffhstanding �,„fJ=--
<br /> ��� '•, • the foregotng.this opUon may not ba exerclsed by Lender when tha 4-�valiab3►'dY of Insurance[s solety due to Lendsr's .
<br /> • � � faIIure to remit a mortgaqe Insnrance premtum to the Secretary. . . � �------=� -
<br /> .� • .� � 1Q. R8lnstetemBnL Bort�wer has a dgM to be relnsffited it Lender has required Immedlate payment ta fuD becausa ot - ___ �
<br /> ' • 8ortowers teifura to pay en emeunt due under the Note or this Secur(ty Instrument. This dgh! appites even after forec(osura . _�_ __
<br /> .. �. pro�Ss ere InstiWted To reinstate the Seau�}I (nstrumen� Borrower shaIl tende�in a lumP sum aD amounis re4uUed to ���� __
<br /> �� , `���� brcg Borrawer's account cuRent Including, to the extent they are ob�gaUons ot Borrower under this Secur(tY Ins�hument, �
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<br /> � ,`;+;. ;_=: foredasure costs and reasona6le and customary attomey's tees and es�ensao proDeRN assodated wfth the torec*�sare �e�"_'
<br /> ' � proceedtng-Upon reinstatemern by BaRawer.this Securtty Insu►ment and the ob4gatlans that it secures shaD remain in eRect es ��� ,. _.
<br /> H Lender haA n¢i�sQed Immed'iate[sayment N iW M°We���"�' �n°t requtred ta psmlft refnstatement H: (� lender has —
<br /> . accepted •reinstatemerrt aRer the wmmencem�::t ot toreuosure procee�'� vritt�in two years Immediateiy preceding the • "'""'�
<br /> _ � • �• •---•- ca:s�+enceme�rt of a current torectosure procee�:.g,(��e�nstateme►�t wf�p:ee?rde fereclosure on different grounds in the tutura. [�,.~ : ;,�
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<br /> , ' or ,�� reinstatement wfi adversey ettect 81e pdority ot the Cen c.eated by thls Secudty instrument �--
<br /> � � � � ���� t1. �onowet Not pefeased; Forbesuan�e By L�ender Not a Vl9aivor.�aenston ot t�e Ume of pa�t or ��:
<br /> = • � mod'Atcatton of amoRizaUon of the sums secic�by this Security Instrumertt granted by Lender to eny successor in NtQrest of *,.J3�_ _,.
<br /> � • Borrower shall not operate to mtease the IlabiGty of the odginal BoROwer or Bort�wer's seccessor In interesi Lender shafl not be � g�=.:�-=.,;•
<br /> � ' re�.usd to commence proceedings agalnst any successor In Intereat or retuse to e�¢end Ume tor payment or otheiwtse madlty � Y
<br /> . �' �rtc�wer's successors I�n i te�rea� Myttorbearance bIr Ler:�� exe dsing y dght�or�remedy ehaUhnot b�e a weNer of or • ,
<br /> . Ho
<br /> -_ • • • �'.. prectude the exereise o1 any dght or remedy. • •
<br /> � 12. Successore and Assigns eound; .dofnt and SeveraD Liability; Ca-8lgttera The covenants and ,. :
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<br /> - — ayenr,�.�t;ot tAt�Scxurily Instrumont ahall bind and benefit the successors and esslgns of Lender end Borrower,subJect to the
<br /> ����' � � ' pravisions ol PeragraPh 9(b)• Borrowera�covenants and a�eements sheD be jolnt and severai•MY Bortower who co-slgns this
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