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:� . ;�,... . . . . . �,�,�.w :• _ `.� � • W .. . , . �:+- _ , . , � _ . j.n,�;{., 1 . .�� .. i. ' '�: �- ' ` . . � . �2ti" 1��Y � 8?� xi09o� ,_: ..,.�,� :�._ -^�«�" (i)All or part of the Property,or a beneficial interest in a[rust owning all or part oF the Properiy, Is sold -_ or otherwise transf�ned(other than by devlse or desant),and - (ii) The Propeny is not occupied by the purchaser or grantee as his or her principal residence, or the . purchaser or grantee dces so occupy the Propercy but his or her credit has not been approved in accordance with the requirements of the Secretary. _ " (c)No Waiver. If circurastances occur that would permit Lender to require immediate payment in full,but :..,:;`.-� Lender das not require such payments,I.ender dces not waive iu dghts with respect ta subsequent events. - • (d) Regulations of HUD Seeretary. In many circumstances regulations Issued by the Secretary will llmit Lender's rights, in the case of payment defaults, to require immediate paymcat in full and forectose if not _ paid.This Securtty Instrument dces not aut6orize acceleration or foreclosure if not permitted by regulations _ of the Secreta�y. . � (e)Mortgage Not Insured.Borrower agrees that if this Security Instrument and the Note are not determined to be eligible for insurance under the Natiopal Housing Act within 60 days from the date hereof, Leader may, at Its optiou, require immediate payment in full of all sums secured by this Securlty lastrument. A � .; � written statement of any authorized agent of the Secrctary dated subsequent to 60 days from tt�e date liereof, declining to insure this Securiry Instrument and the tJote, shall be deemed conclusiva ptoof of such _ inellgibility. Notwithstanding the foregoing, this option may not be exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a mortgage insurance premium to the __ ., Secretary. 10. Reinstateraeat. Bonower has a right to be reinscated if Lender has required immediate payment in full .� because of Borrower's failure to pay an amount due under the Note or this Securlty Instrument. This rigtrt applies :. - __ - -- a�e� after iaraclosun: p:n;,cxding� :se lr.stiLt�Led. T� rP��atnte ihe Security Instrument, Bonower shall ten der i a a i lump sura all amounts required to bring Borrower's account cunent including, to the extent they ate obligattona of p, - Bonower under this Security Instrument,foreclosure costs and reasonable and customary attomeys'fees and expenses = � pTOperly associated with the foreclosure proceeding.Upon reinstatement by Bonower, this Securlry Instrument and ` the obligations that it secures shall remain in effcet as if Lender had not required imtaediate payment in full. _ � However, L.ender is not required to permit reinstatement if: (i) Lender has accepted reinstaternent after the _ - commencement of foreclosure proceedings within two yeazs immediately preceding the cammencement of a cunent __