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��14���7� <br /> 8� Fees. Lender may collect fees ar�d charges autharized by the Secre�ary. _ <br /> 9. �rounds for Accelerati�n of Debt. <br /> �a} Default� Lender may,except as limited by regu�ations issued by the Secretary, in the case of�ayment <br /> defaults, re�uire immediate payment �n full ❑f all sums secured by �his Security Instrument if: <br /> �i� Barrovver defaults by failing to pa� in full any monthly paym�nt requ�r�d by �his Securi�y Ins�rumen� <br /> prior�a ar on the due da�� of the next monthly payment, or <br /> (ii� Borro�ver defaults by failing, for a per��d af�hir�y days, ta perform any ather ob�iga�ions c�ntained in <br /> �his Secur�ty Ins�rum�nt. <br /> �b� Sa�e VVithout Credit Appro�al. Lender shall, if permitted by appiicable law�ir�cluding Section 34�(d�of <br /> �he �-arn-St.Germain Deposi�ory Instituti�ns Act of 1982, 12 LT.S,C. 17�1 j�3(d}}a�d �vith�he priar approval of <br /> �he 5ecretary, requ�re immediate payment in full af all sums secured by this Security Ins�rument �f <br /> ��� All or part af the Pr�perty, ar a benef cial in��rest �n a trust oWning all or part of the Property, is sald or <br /> atherwise �ransferr�d �other than by devise ar descent}, and <br /> �I1� Th� Property is nat occupied by t�� purchaser or grante� as his ar her princrpai res�dence, or the <br /> purchaser or grantee does sa occupy the Property but h�s or her cr�d�t has not heen appraved �n <br /> accardanc� with the requ�remen�s of the Secretary. <br /> ��� Na �aiWer. If circumstances occu�r tha� v�ould perm�t Lender to r�quire immediate paymen� in ful�, but <br /> Lender does not require suc� payments, Lender daes not�varve its r�ghts w��h respec� ta subsequent <br /> even�s. <br /> �d3 Regulations �f HUD Secretary. In many circumstanc�s regulati�ns issued by �he Secre�ary u�il� �imit <br /> Lender's rights, in the case flf paymen� defau�ts, �o require immediate payment in fu�i and foreclase if not <br /> paid. This 5ecurity Instrume�� daes nat autharize accel�ration ar foreclosure if nat permit�ed by regulations <br /> of the Secretary. <br /> �e} Mor�gage Not Insured. Borrov�er agrees �ha� if thzs Securzty Instrument and �he Nate ar�nat determined <br /> ta be e�igibie for�nsurance under �he Na�ianal Housing Act v�ithiri 6�days from the date hereof, Lender may, <br /> at its op�ion, require immediate payment in full of aII sums secured by this Security Instrumen�. A tivritten <br /> statement of any au�hnr�zed agent af�he 5ecretary da�ed subsequen� to 6ti days fram the date hereaf, <br /> de��ining ta insure �his Security Ins�rumen� and the Nate, shall be deemed conc�usive praaf of such <br /> �neligibi��ty.No�withstanding the for�going, �his option may n�t be e�ercised b� Lender��vhen the <br /> unavailabrlity of�nsurance is so1�l� due �❑ Lender's failur�to remit a martgage insurance prern�um to�he <br /> Secre�ary. <br /> 'I�. Reinstatement� Borrawer has a right�a �e reinstated if Lender has required immediat�paymer�t in fu�i because <br /> of Borrov�er's failure�a pay an amoun� due under �he Nate or thrs 5ecurity �nstrumen�. This right applies e�en <br /> after forec�asure praceedings are�nstituted. To r�instate the Security Ins�rumen�, Barro��er shall �ender in a Iump <br /> sum all amounts required to bring Borrawer's account curren� including, �n��e ��tent they are abligatians of <br /> Barrovver under �h�s Security Instrumen�, foreclasur� costs and r�asanable and customary a��orr�eys' fees and <br /> expens�s proper�� assoc�a�ed with the f�reclasure pro�eeding. Upon reinstatement �y Borrovv�r,this Security <br /> Instrument and the flb��gatians that it secure� shall remair�in effec� as if Lender had not required immedia�e <br /> payment �n full. HoW�ver, Lend�r is not requir�d to permit r�instatemen� if:�i�Lender has acc�p�ed reins�atement <br /> af�er the commencement af fflrec�osure proceedin�� �v��hi�t�vo years immedia�ely preceding the cammencemen� <br /> of a curren� foreclosure prace�ding, �ii}reir�sta�ement will preclude for�closure on diffe�rent gr�unds in�he future, <br /> o�r�iii�reinstaternent vvil� advers��y affect the priority ❑f the lien�reated by this 5ecurity Instrumen�. <br /> F'HA Desd af Trust-NE �19fi <br /> v�� a v�n�a�R�N�} �����7.0� <br /> 1Nolters Kluwer Finan�ial Services Page�af�� <br /> aoo�NE4���5s� <br />