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��14��55 5ecurity Instrument.A written statement of any authorized agent of the Secretary dated subsequent ta ��days from the date hereof,declining to insure this Security�ns�rum�nt and the Note, shall be deemed conc�usive proof of such ineli��b�lity,No��thstanding the faregoing,this option may not be exercised by Lender when�he unavailability of insurance�s solely due�o Lender's failure to remit a mortgage insurance premium ta the Secret�ry. 1 D. Reinstatement.Borrower has a right�o be reinstated if Lender has required immediat�payment in fu11 because of Borrower's failure to pay an amount due under the Note or this Security Instrument. This r�ght ap��ies e�en af�er foreclosure praceedings are�nstituted.To reinstate the Security Instrument,Borrower sha11 tender in a lump sum a11 amoun�s required to bring Borrower's account current including,to the extent they are ob�iga.tivr�s�f B�rr�tiver under th�s�ecurit�Instrument, for�ec��sure cos�s a�d reasonab�e an.d custvmary attorneys`fees and expenses proper�y�ssociated with the fareclosure proGeeding.Upon rernstatement by Borrower,this Security Instrument and the obligati�ns that it se�ures shall remain in effect a�if Lender had not requixed immediate payment in fu11. Hawe�er,Lender is not requued�o permit reinstatement�f: (i} L�nder has acGepted reinstatement after the commenc�m�nt of foreclasure praceedings within�wo years immediately preceding th�commencement af a current foreclnsure proceeding, (ii}reinstatement will preclude foreclosure on different grounds in the future,or(ii�}reinstatement w�I�adversely affect the priority of the lien created by this Securi��nstrument. �'!� Bvrrower Nat Released;ForbearanceBy LenderNot�INai�er.Ext�nsion of the t�me of payment or mod�frca�ion af amortization of�he sum.s secured by th�s Security Instrum�nt granted by L�nder�o any suc�e�sor in iaterest af Borrower sha11 not operate ta re��ase the�iabi�ity of the originaX Borrower or Borrower'�successar in interest. Lender shai�not be required to commence proceedings again�t any successor in�nterest or re�use to extend time for payment or otherwise modify amortization of the sums secur�d by this Security Instrument by reasan of any demand made by th�original�orrower or Borrower's suecessnrs in in�erest.Any f�rbearance by�ender in exerc�s�ng any right or remedy sha11 not be a wai�r�r of or preclude the exercise�f any right ar remedy. '�Z. Su��essorsand As�i�ns 8aund;Joint and Sever�l Lia�ility;�a-Si�r�ers.The covenants and agreements of this Security Instrument sha11 bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of paragraph 9�b}. Borrower's covenants a.nd agreements sha11 be joint �nd several.Any Barrower who co-signs this Se�urity Instrument but does nat execu��the Nate: (a}is co-signing this 5ecur�ty�nstrument on�y�a mortgag�,grant and con�rey�hat Borrov�er's interest in the Prnperty under the t�rms of this Securi�y�nstrument; �'b)is�ot personally obligated to pay th�sums secured by this Security Instrument; and�c�agrees that Lender and any o�h�r Bonower may agree to extend, modify, farbear or make any accommodat�ons with regard t�the�erms of this Security Instrument or the No�e � without that Bonower's consent. 'I 3. Notices�Any n�tice to B�rr�wer pro�ided for in this Secur�ty Instrument shall be given by de��ering it or by mailing it by first class mail unless applicable 1aw requ�r�s use of another method. The notice sha11 be directed to the Property Address or any other addr�ss Borrower desig�ates by notice to L�nder. Any notice to Lender sha11 be given by first class mail to Lender's address stated herein or any address Lender designates by notic�to Barrower.Any noti�e provided for in this Security Instrumen�sha11 be deemed to have been gi�en to Borrower or Lender when grven as provided in this paxagraph. 14. Gv�ern i ng Law; S��erabi I ity.This Security Instrument sha��be governed by Federalla�r and the 1aw of the jur�sdiction xn w�i��the Praperty is�ocated. In the event t�at any provrsion or cta�se of thYs Securxt� Instrument or the No�e conflicts with app�icable law, such conflict sha11�ot affect other provi�ions of this ��curity Instrumen�or the Note which can be given effect withou�the conflicting pro�r�sion. To this end the provi�ions af this Security Instrument and the Note are declar�d to be severa�le. —' ,,��._ FHA Mortgage WITH MERS-NE �� Re�ised 419B VMP� VMP4N(NE}[1342}.4� Walters Kluw�r Fin�ncial SerWices Page B af 9 D q�33252913�4 �233 348 061p