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��14��953 signif�cantly affect Lender's rights in th�Property(such as a proceeding in bankruptcy,for condemuation or t�enforce laws or re�u�a�ions),then Lender may do and pay�rhat�ver is necessary to protect the va�ue of the T'raperty and Lender's rights�n the Pro�aerty, ineluding payrn�ent af ta��s,hazard insurance and other items mentioned in paragraph 2. Any amounts disburs�d by Lender under this pa.rag�aph sha11 b�come an add�tional debt of Borrower ar�d be secured by this Security Instrument. These amounts sha11 bear interest from the date�f disbursement,at the N�te rate,and at the option af Lender,sh�.11 be�mmediately du�and payable. Borrower sha�1 promptly discharge any�ien which has priority a�er this Security Instrument unless Borrower: [a}agrees�n writing to the payment of th�obligation�e�ured by the�ien in a manner accept�.b�e to Lend�r;(b)contests in goad faith the lien by,or defends ag�i�.st enfarc�m�nt of the�ien�n� legal proceedings�vhich in the L�nder's apinion operate to prevent th�enforcement of the lien;or�c�secures fram�he halder of the lien an agreement s�.ti�factory to Lender subordinating the lien to this Se�urity Instrument,If Lender determines that any part of the Prope�ty is sub,�ect ta a lien wh�ch may atta.in priority over this Security Instrument,Lender may give Borrower a r�otice identifying the�ien. �orrvwer sha11 sati�fy the lien or take�ne vr more of the actions s�t forth above within ��days of the giving vf�ot�ce. $. Fees.Lender may collect fees and charges authorized by the Secretary. 9, �rounds far Accef�ruat�on of Debt. �a} Def�u It.Lender may, except as limited by regulations�ssued by the Secreta,�y, in the case af payment defaults,require immediate payment�n fu�l of a11�ums secured by this Security Instr�.ment if: (i� Bonovver defau�ts by fa�ling to pay ia fu11 any m�nthly payment requir�d by this Security Iastrument prior to or on the du�date of the next mo�thl�payment,or (ii} BQrrower d�faults by failing� for a perivd of thirty days, to perform any ot�.er obligations contained in this Security Instrument. {b) Sale V1�thvut Cred�t Approval.Lender shal�, if permitted b�applicable la�v�inc�uding S�ction �A�1�d)of�he Garn-St. �ermai.n Depos�tory Institut�ans Act�f 1982, �2 IJ,S.C. 17�1 j-3(d3�and with the pr�or approva�of the S�cretary,requi�e immed�ate payment in full of a�l sums s�cured by�his Se�urity Instrument if: (i} All or part af the Pro�erty,or a beneficial interest�n a trust owning all or part�f the Property, is �id or otherwise transferred(other than by t�evise or d�scent),and (i�} The Prap�r��s n�t occupied by the purchaser ar grantee as his or her princxpal re�ide�.ce,or the purchaser Qr grantee does so accupy the Praperty but his or her credit has not been approve��n. accordance with the requirements of the Secreta.ry. [�� No Waiver.If circumstances occur that wvuld permit Lender to r�quir�i�nmediate payment in fu��, but L�n�ier does not require such pa}�ments,Lender daes not�aiv�its rights v�ith respect to subsequent ev�nt�. {d� R�gu�ation�vf HUC� Seeretary.In many circumsta.nces reguiations issuecl by the Secretary wi111imit Lender's r�ghts, i.n the case of payment defaults, to require imm�diate payment in full and foreclose if n�t pa�d. This Security Ins�rument does aat authori2e acceleration or foreclosure if not permitted by regu�ations of the Secretary. �e} A�a�t�age Not �nsured.Borrovver agrees tha�if this Security Instrument and the N�te are not determined to be eligible for insuranc�under the Nat�onal Housing Act within 6��ay�from the date hereof,Lender ma ,at its o t�on,re uire imm�diate a ent in fu�l of a11 ms sec ed� thi� FHA Martgage V111TH 1VlERS�lVE �8d��q.�gg V�P� VMP4N(NEj(13�2}.04 Wol#ers Kluwer Financiai 5en►ic�s Page 5 af�4 �qD33�3�.�9�89 ��33 �97' fl51� � � �