Laserfiche WebLink
��14���55 <br /> significantly a�fect Lender's rights in�he Property(such a�a proceeding in b�nkruptcy, for condemnation or <br /> ta enfarce 1a�vs or regulations},then Lender nlay do and pay whatever is necessaxy ta protect the value of the <br /> Property and Lender's righ�s in the Froperty, including payment of taxes,ha�ard insurance and other�tems <br /> mentioned in paragraph 2. <br /> Any amounts d�sbursed by Lender under this paragraph shall b�came an additional debt of Borrower and�e <br /> secured by this Security Instrument.These amounts sha11 bear interest from the date of disbur�ement,at the <br /> 3�ate rate,and at the option of L�nder, sha��be immediately due and payable. <br /> Borrotiver shall prompt�y d�scharge any lien whicb.has priority o�er this Security Instrument unless <br /> Borrovver: �a)agr�es in wri�ing ta the paym�nt of the obligation secured by the lien in a manner acceptable <br /> to Lender; (b}con�ests in goad faith the lien by,or defends agains�enforcement of�he �ien in, Iega� <br /> proceed�ngs which i�the Lender's opinion operate to prevent the enf�rcement of�the lien;or(c}secures <br /> from the holder of the lien an agreement satisfactary to Lender subordi�nating the l�en to this Security <br /> �nstrument. If L�nder d�termines that an�part of the Property is�ubj ect to a lien which may attain prxority <br /> o�er this Security Instrument,Lender may give Borrower a notice identifying the�ien. Borrower shall sat��fy <br /> the�ien or#ake one or more of the actions�et fQrth abo�e withxn ��da�s of the giving of notice. <br /> 8. Fees.Lender may col�ect fees and charges au�horized by the Secretary, <br /> 9. �rounds for Accelerativn of Qebt. <br /> �a} Def�u!#.Lender may, except as limited by regulations issued by the S�cretary, in the case�f payment <br /> defaults,require immediate payment in fu11 of al�sums secured by this�ecurity Instrument�f: <br /> (�� Borrower defaul�s by failing to pay in fu11 any mon.thly payment required by this Security <br /> �nstrument priar to or on the due date of the next monthly payment,or <br /> (ii} Borrower defau�ts by failing, for a periad of thirty days, ta perform any other ob�igations <br /> cantained in this�ecurity Instrument, <br /> �b} 5ale lllr�thout Credit Appro�al.Lender shall, if permitted by appl�ca�le law(including Section <br /> 341�d3 of�he�arn-St.�ermain Depositnry Institution�Act of 1982, 12 U.S.C. 17�1 j-3�d}}and with <br /> the priar approval of the Secretary,require immediate paymen�in fu�l of a11 sums secured by�his <br /> Security Instrument if: <br /> �i} All or part af the Froperty,or a beneficial interest in a trust ovvning all ar par�of th�Prapert�, is <br /> sold or otherwise transferred(other than by devise ar descen�},and <br /> (ii} The Praperty is not o�cupied by the purchaser or grantee as his or her principal resid�nce,or the <br /> purchaser or grantee does so occupy the Property but his or her credit has not been appraved in <br /> aceordance with the requirernents of the Secretary, <br /> ��� No Wai�er.If circumstances occur that would�aermit Lender to require immediate payment in fu11, but <br /> Lender does not req�ir�such payments,Lender does nat waive its rights with respect ta subsequent <br /> events. <br /> �d� Reg u lationsof H U D Secretary.In.many circumstances regulations issued by the Secr�ta.ry will Iimit <br /> Lender's rights, in the case of paym�nt defaults, to require imrnediate payment in fu11 and foreclose if <br /> not paid. Thi�Security Instrument does not authorize acceleration or foreclasure �f not permitted by <br /> regu.�at�ons of the Secretary. <br /> �e� Mortgage Not Insured.Borrower agrees that if this �ecurity�nstrument and the Note are n�t <br /> determined to be eligible for insurance under the National Hous�ng Act within 6�days fxom�he dat� <br /> here�f,Len��r ma ,at its o tion,re uire immediate a ment in fu��of a11 sums secured b this <br /> � ��� � <br /> FHA Mortgage WITH MERS-NE -�� Revised 419fi <br /> VMP� VAlIP4N�NE}�1342}.4d <br /> 1�lolters Kl�w�er Fir�ar�cia�Serui�es Page 5 of 14 <br /> q43325291304 �233 348 051� <br />