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��14��435 significantly affect Lender's rights in the Property�such as a proceeding�n ban�.cruptcy, far condemnat�on or to enforce laws or regu�ations},�hen Lender may do and pay whatever is necessary to protect the�alu�of the Property and Lender's righ�s in the Property, including paymeat af ta.xes,hazard insurance and ather items mentioned in paragraph 2. Any amounts disburs�d by Lender under this paragraph shall became an additianal debt Qf Borrower and be secured by this Security Ins�rument.These amaunts shall bear ir��erest from the date af disburserr�ent,at the I�ote rate,aad at the option of Lender,�hai�be immediately due and payabi�, Borrawer shall pramptly discharge any lien which has priority over this Securi�ty Instrument unless Borrawer: (a)agrees�n writing ta the payment of the obligation secured by the Iien in a manner acceptabie to Lender;�b�contests in good fai�h the lien by,or defends against enforcement of the lien in,legal proceedings which in the Lender's opinion�perate to pr�vent�he enforcement of the lien;or�G�s��ures from the holder af th�Iien an agreement sat�sfactary to Lender sub�rdinating the lien to t�iis Security Instrument. If Lender determines that any part of the Froperty is subject to a lien whi�h may attain pri�rity o�er this Security Instrument,Lender may give B�nro�ver a natice identifying the �i�n. Borrower shail satisfy the�ien�r ta.ke oae or mor��f the actions set forth abo�e within I�days of the gi�in�of notice. 8, Fees.Lender may collect fees and�harges authariz�d by the Secretary, 9. �rounds for Accelera��on c�f Debt. �a� Default.Lender may, except as limited by regulations�ssued by the Secreta.ry, in the case of payment defaults,require�mmediate payment in full of all sums secured�y this 5ecurity instrument if (i} Borrower defauits by failing to pay in full any manthly payment required by this Security Instrument priar to or on the due date of the next monthly payment,or (ii} Borrawer defaults by failing, for a period �f thir�y days, to perfarm any other obligations contained in this Security Instrument. �bj �ale 1Nithout Cred�t Apprv�al.Ler�der shall, if permitted by app�icable lavcr(ineluding 5ection 341(d}of the Crarn-St. Germain Depository�nstitutions Act of 1982, �2 LJ.S.C. �7�l�j-3(�)}and w�th the prior approva�of the Secretary,require immediate payment in full of a�t sums secured by this Se�urity Instrum�nt if: �i} A1�or part af the Property,or a�enef icial interest i❑a trust owning all ar part of the Praperty, is sold or atherwise transferred�o�her than by de�ise or deseen�},and �ii} The Proper�y is nat occupied by the purchaser or grant�e as his or her principal residence,or the purchaser or grantee does so occupy the Property but his or her credit has not been appro�red in accordance with the requir�ments of the Secret.a.ry. �c� No Wai�er.If circumstances accur that would permit Lender to requi.re immediate payment in fu�l, but Lender does aot require such payments,Lender does not waive its rights with respect to subsequent e�ents. �d} Regulationsof HUD Secretary.In rx�any ci.rcumstances regulatians issued by the Secretary wil� �imit Lender's rights, in the case of payment d�faults,to require imm�diate payment in full and foreGlose if not paid. This 5ecurity instrument does not authari2e accelera�ian or fore�losure if not germi�ted by regu latio ns o f the S e�re�ary. �ey Mortgage IVat Insured,Barro�u�r agr�es that if this Security Instrument and the Note are not determined to be eligible for insuran�e under the National Hausing Act within 64 days from the date hereof Lender ma at its o tioa re uu'e immediate a ent in full of all sums secured b this FHA Mortgage WlTH MERS-NE Revised 419fi VMP 9 VMP4N(NE)[1302}.44 Wolters Kluwer Financial Ser�ices qp33Z SD50912 Q�33 332 �510 PaS�5 vt#4