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_ _ _ _ _ _ <br /> 9$- si�23 <br /> (i)All or put of the Propeny,or a benefici�f interest in a trust awning�11 or part of the ProFnny. Is sald <br /> ar aherwise cruuferred(aher than by devise or descenq,arxl <br /> (ii)The Property is not occupled by the purchuer or gru►ta+�s his ar her princip�l reeidence. or the <br /> purcl��ser or grantec daes so occupy thc Property but his or her creciit has not been approved in � <br /> ,wccord�nce with the rcquicements of the Secrcpuy. <br /> (c) No W�Iver. If circumstpnces occur►h�t wouid permic Lender to nquire immediue payinent in full, but <br /> I„ender das not ralulre such payments,Lender does not waivs its righta with respGCt to subsequent evonts. <br /> (d) Re;��tiom ot HUD Secr�t�u'!'. In mu�y circumstance� rtgulations Issued by the 5ecrctary wlfl limit <br /> Lander's rights, in [he case uf p�yment defaul[s, to requi�e immediato payment in full and toreclose if not <br /> pAid,This Securiry Instrument does not authodze acceleruion�r forecloaun if not permitted ty regulttions <br /> of the Secretuy. <br /> (e)Mortgnre Not Ineursd.Borrower agrees th�t if this Security Instrument end the Natc are not detertnined <br /> to be eligible for insutance under the Nation�l Housing Act within 60 days trom the date hertof. Lender <br /> may, �t its option, requiro irnmediate payment in full of ell sums sxund by this Security fnstrumrnt. A <br /> writtrn statement of any�uthorized agrnt of the Secrecary dacal subsequent to 60 drys froin.the d�te hereof, <br /> dxlining to insure this Securiry Instrumeat and the Note, shall be deemed concladve proof oF such <br /> ineligibiltty. Notwithstanding [he forcgoing, tt►Is option may not be exereised by Lendar whcn the <br /> unavdlability oF insuruke is solely due to l.ender's failurc to rcmit a mortg+�ge insuruxe premium to the <br /> Sccretary, <br /> 10. Rdustataneat. Borrower has a right to be ninstated if Lender hw required immediate pryment in fuU <br /> because of 8orcowa's fsilun to ps►y an amoutu due under the Note or this Securiry ln�truma�t. T6is dght�pplies <br /> even after foreclosure pracee�linBs ue iastitutal. To reinstate the Security Instrument, Borrower shall tender in a <br /> lump sum all unounts raluired to brir.g Borrower's account current includiag, tu the eater►t thcy an ob�iBa►iona of <br /> Borrower under this Security Instcument,foreclosure custa and re�sonable uid customary attomeys'fas and expenses <br /> Properly associated with the foroclosura proceeding. Upon ninstatemrne by Borrower,this Securiry Instniment u�d <br /> the obliguions thu it secura shall c�em�in in effece as if l.ender had not reqatred immed'►ue p�Yma►t in full. <br /> Eiowever. Leadec is not required to permit reinstatement if: (i) I.ender hux �capt�d reinst�tement after the <br /> CO[NAp1CC[pCOI OI tOtCCjos11[z prui.siulu�5 L;%Iu iii i'::0�:.:f:�2SL^.2�l.'.Stj}'�+mrrlin�the Colnmeo0e11Ytlt Of A C11ITCt►t <br /> faroclosure proceeding, (ii) reinstuement will preclude foreclosure on different grounds in the futurt, or (iii) <br /> rcinstueaaeat will adversely affect the priority of the lien cnaued by this Securiry Instruroent. <br /> 11. Borrower Na 1Fdeased; Forbea►'ance By La�der Not a W�tver.Eatension of the time of paymwt or <br /> modi6cuion of aawrtization of the sums securod bY this Secudty Instrumrnt granted by 1Rnder ro�ay suceessur in <br /> interest of Borrower shall not opecue to �+eelease the liability of the original Borrower or Borrower's succasor in <br /> interest. Lencfer shall not be required to commena proceed►ngs agsdnst any successor in int��est or[efu�e to eatead <br /> time for payment or otherwise modlfy aaiorcizuion of the sums secured bY ttds 5xuricy Insuumen�bY nt�°°of any <br /> dem�ad mads by che origirul Borrower or Borrower's successors in interest. My forbeazana by L,eader in exerciaing <br /> any right or remedy shall�at be a w�iver of or preclude the exercise of aay ri6ht or remedy. <br /> 12.Succeseors and Aasi�as Bouadt Jdnt and Sevaal LlaWlity;Co,Signers. 7'he covaw►ts and�graments <br /> of this Srcuriry Inatn►ment shall bind and benefit d�e succesaors and ass�Bns of L,ender and Borrower, subjat to the <br /> provisions of puagraph 9(b). Borrower's covenants w►d agraiaec►ts stull tx joint aid sevenl. Any Bomower who <br /> co-signs this Security Instruu�ent but does not execute the Note: (a) is co-signing this Security Instrument only to <br /> mortgage.grant and convey that Borrowe�'s interest in the Property under the terms of this S�curity Instcument;(b) <br /> is not personrlly obligatod to pay the sums secund by this Security Instcument;�(C) Ag[Gp tll�t L.C11Of%F�I1d ADY <br /> other Borruwer may agrea to extend, n►odify,forbear or malct any accommodations with regud to the tern►s of Wis <br /> Security instcument or the Note without that Borrower's consent. <br /> �4R(NEl lsuo+i.oi r.fl.s w e u.�ws�•!.i 1 <br /> �"'^3 � . <br /> -----��" . � –"'"�Slr�ti�'SR"_':""°- <br /> �'..1.. . . �.i�1.` ' <br /> SI <br /> . . .. ' .. � TY T �iY� "__ <br /> . 1 <br /> -, '. ..,-..,• —----_— <br /> .__ ______"._ "_ "_"" "___ __" _____ ." .— _ __ �� <br /> _ _..._"_. __"'._ "._ ___" _" '._. ._.y '�(� . <br /> i � . , ...,.� �. � •;?�_ �`'i. �4��+.�i'r'�+�.,�:k _ —�.: _ <br /> � . .. . 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