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��14��439 Secur�ty Instrument.A written statement of an�authori�ed agent of the Secretary dated subsequent to �Q days from the date hereof,declining to insure this Security Instrument and the Note, shal�be deemed conclu�ive proof vf such ineligibility.Notwithstanding�he foregoing,this option may not be exercised by Lender when the una�ailability of insurance is solely due to Lender's failure to remit a r�Q�-tgage�ns�ra�ee prem�um to the�ecretary. 'I�. Reinstate�ment.Barrower h.as a right to be reinstat�d�f Lender has required immediate paymen�in full because of Borrower's failure tn pay an amount due under the Note or�his Security Instrument. Th�s right app�ies even ai�er foreclosure proceedings are instituted.To reinstate the Security Ins�rument,B�rrower shall tend�r in a lump sum a��amounts required to bring Borrawer's account current iacluding,to the extent they are obligat�ons of Borrovver under this Se�urity Instrument, fareG�osure costs and reasonable and customary attameys'fees and�xpenses properly associated with the foreclosure proceeding.Upon reinstaternent by Borrower,this Security I�strument and the obligations that it secures sha11 remain in�ffect as if Lender had nat requu'ed immediate payment in fu11. How��er,Lender is not required to permit re�ns�atement if: (i} Lender has accepted reinsta,tement after the comrnencement of foreclosure proceedings within ttivo yea.rs immediate�y preceding the commencem�nt af a current foreclasure proceeding,(ii}reinsta.tement wi11 prec�ude forec�osure an diff�rent gro�unds in the future,or(YYY)reYnstatement�Y��ad�erse��affect the prior�ty of the lien created by this Security I�strument. 'I'I. Borrc�wer Not Releas�d;ForbearanceBy LenderNot a i�liia�ver.Extension of the�ime of payment�r modification of amortization of the sums seGured b}�this Secu�rity Instrument granted by Lender to any successor in�nterest of Borro�ver shal�not operate to release the 1iab�lity af the original Borrawer or Bo�ower's�ucc�ssoF�n�n.t�rest. Lender sha11�o�be requ�.red to cvmmence proc�edings against any successor in interest or refuse to extend t�me for paymen��r otherwise mod�fy amortization of the surns secured by thxs Security Instrument by reason of any demand made by the arig�nal Borro�er Qr Borrower's successors in int�rest.Any forbearance by Lender in exercising any right or rem�dy shall not b�a waiver of or preclude the exerci�e of any r�ght or rem�dy. 'IZ. Successorsand Assigns8ound;Joint and Se�eral Liability;�o-Sign�rs.The covenants and agr�ements of this S�curity Instrument shal�bind and b�nef�t the succe�sors and assigns�f Lender and Borrnw�r,subject to the provisions of paragraph 9(b}.Borrower's covenants and agreements sha11 be joint and severa�.Any B�rrower tivho co-signs this Security Instrument but do�s not�xecute the Not�: (a}is co-signing this Security In�trument only to mortga�e,grant and convey that Borrower's interest in the Property under�the terms of this Security Instrument; (b}is not personally abligated to pay the sums secured by t�is SecurYty In.s�ment;and(c}agrees t�tat�.�n.der ant�ar�y other�o�o�er ma�agree to ext�;�d,�od�fy, farbear or make any accommodations with regard to the terms af�his Security Instrument or th�Nate �vithout that Borrower's consent. 13, Nvtiees.Any notice to Borrower provided for in this Secur�ty Instrument sha11 be given by de�iveri�g it or by mailing it by f�rst class mail unless applicab�e 1aw requires use�f another m�thod. The notice shall be directe��a�the I'ro�ert�Add.ress or any ather address Borrovver designates by notice to Lender, An�notice to Lend�r sha11 be gi�en by first class mail to Lender's address stated herein or any a�.dress Lender designates by notice to Barro�ver.Any notice provided for in this Security Instrument shall be deemed ta have been given to Borrower or Lender when given as pravided in this paragr�.ph. 'I 4. Go►��r�n�n g Law; Seve�'ab i I ity.This Security Instrumen.t sha11 be governed�y Federalla�v and the law af the jurisd�ct�on in which the Property is located. In the event that any provrsion or c�ause of this Securr�y Instrument or the Note conflicts wxth app�icable law,such conflict shall not affect other provision�of th�s �ecurity Instr�iment or the I�ote which can be given effect without the conflic�iag provision.To this end the pravisions of this Security Instrument and the Note are declared to be se�erable. FHA Mortgage WITH MERS-NE �^�� Re�ised 419B VMR� VMP4N(NE}(4342}.44 Wolters Kluwer Financial Services Page fi af 14 q033�f41�44fa �233 283 a61�