Laserfiche WebLink
��14�1199 <br /> 33 <br /> effect �ar, if th�re have been modEf�catians, that th� Note, �s� lang as the Loan is <br /> insured by HUD, the Regulatory Agreement} and this Security Instrument are in full <br /> for�e and �ffect as modified and se�ting forth such madif�cati�ns}; �b} the un�aid <br /> principa� balanc� of the Nate; �c} the date to �hich interest under th� N�te has been <br /> paid; �d} that Borrow�r is n�t in defaul� �n paying th� Indebtedness or in perf�rming or <br /> �bs�rvin� any of the cov�nants nr agr�ements c�ntained in this Security Enstrument, <br /> and the N�te an� �so long as th� Loan is insured ar he�d �y HUD, the Regulatory <br /> Agreem�nt} �or, if 8arrvwer is �n default, describing such default in r�asonable detail}; <br /> ��} whether �r not ther� ar� th�n existing any setaffs or d�f�nses known to Barrower <br /> against the enfarcement �f any right or remedy of L�nder under the Nate, �s� lang as <br /> the L�an is insured or hefd by HUD, the Regulat�ry Agreement} and this Security <br /> Instrum�nt; and �f} any addit�nna� facts requ�sted by L�nder. <br /> 3�. ��VEF�NING LAVIr; ��NSENT T� JURISDICTI�N AND VENUE. <br /> �a} Th is S�cu rity I nstrument and the Note, if it d�es not itself ex�ressly <br /> �dent�fy th� law that is t� apply t� it, snail be governed by the laws of th�jurisdiction in <br /> which the Land is �acat�d �"Property Jurisdiction"}, exc�pt s� long as the Loan is <br /> insu red or h�l� by H U a and s�leiy as to rig hts and remed ies of H U D as such Iocal or <br /> state faws may b� pr��mpt�d by federai law. <br /> �b} Borrow�r agrees that any contr��ersy aris�ng und�r or in re�ati�n to the <br /> Nat� or this Security Instrument sha�� b� I�t�gated exclus'rv�ly �n the Pro�erty Jur�sdiction <br /> exce�t as, sa lan� as the L�an is insured or �eld by �UD and solely as to rights and <br /> rem�dies �f HUD, federal jurisd'r�tion may be a��r��r�ate pursuant to any federal <br /> req uirements. The state cou rts, and with respect to H U D's rig hts and rem�d ies, federal <br /> caurts, and �overnm�nta� Authorities in the Praperty Jurisdiction shall have exclusi�e <br /> jur�sdiction over all contro�ersi�s wh�ch shall aris� under �r �n relation to the Nnt�, any <br /> secu rity f�r th� I ndebted ne�s, �r this Secu rity I nstrument. Borrower �rre���abfy <br /> cansents to serv�ce, �urisdictivn, and �enue of su�h c�urts for any such l�tigativn and <br /> wai�e� any oth�r �enue to which it might be entitled by �irtu� �f d�micil�, habitua� <br /> res�dence or �therwise. <br /> 3'[. N�T�CE. <br /> �a} AI! noti�es, demands and other communications �"N�tic�"} under <br /> or c�n�erning this S�:curity Instrument shall b� �n wrEting. Each Natice shall be <br /> addressed t� th� intended recipients at �he�r r�spect��e addr�sses set forth in this <br /> Security lnstrument , and shafl b� de�med given on the earliest t� occur of �1} the date <br /> when th� Nat�c� is r�ceE�ed by th� addressee; ��} the first Business Day after the Not�ce <br /> is d�lE��red to a recognized overnight �our�er servic�, with arrangements made f�r <br /> payment �f�harges for next Busin�ss aay d�li�ery; ar �3} the third Business Day after <br /> th� N�tice is d�posited in the Un�ted Sta�es mail with postage prepaid, certified mail, <br /> Pre�ious editions are obsolete HUD MF Security Instrument HUD-94D�OM�Re�.04111} <br />