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��14��574 <br /> �ii�The Secre�ary accepts reimbursemen�by the Lender far a�1 payments made by�he <br /> Secr��ary. <br /> �f the circumstanc�s described�n�i}or�ii�occur,then al� paymen�s by�he Secre�ary, <br /> �nc�uding interes�an�he payments, but ex�luding la�e�harges paid by�h�Secre�ary, shall be <br /> included rn�he d�b�under�he N�te. <br /> [c}Effect on Borrow�r. `]Ilhere�here is na assigr�m�nt or reimbursement as describ�d in[b���}or <br /> ��i}and�he Secreta.ry makes payments to Borro�ver,then Borrotiver shall not: <br /> �i�Be re�uired�o pay amounts avved under the Note,or pay any rents and r��enues of�he <br /> Property under Paragraph ���o Lender or a recei�er of the Property, until the Secretary has <br /> r�quired payment-in-fu�� af al� outs�anding principal and accru�d in�eres�under the Second <br /> Note;�r <br /> [�i� Be obiiga�ed ta pa� in��res�or shared apprecia��an under�he Note a�an�time,�hether <br /> accrued before or after�he payments b}�the S�cretary,and whe�her ar na�accrued in�eres� <br /> has been �nc�uded�n the pr�ncipal balan�e under the Note. <br /> �d}No Duty�f the S�cretary. The Secretary has n�duty t�Lender t�enforce c��enan�s of�he <br /> Second S�curi�y �nstrument ar to take ac�ions to prese�rve the va�ue of�h�Prop�r�y,e��n�houg�� <br /> Lender ma�r be unabie to collec�amoun�s owed under the I�1o�e because of restri�t�ons in�h�s <br /> Paragraph 13. <br /> 14. Forbearan�e by Lender Not a Waiver. Any forbearance by Lender in e�er�ising any right ar <br /> remedy sha�l na�be a v�aiver of or preclu�e the e�er�ise of an�right ar rem.�dy. <br /> 15. Successars and Ass�gns Bound; Ja�nt and Several Liability. The co��nants and agreements of <br /> th�s S�cur�ty �nstrument shall bind and benefit�he successors and ass�gns of Lender. Borrower may not <br /> assign any rights or obIigations under�h�s Security �nstrum�nt or under�he No�e, except to a trust that <br /> rneet��h�requiremerits of th�Se�retary. Borro�er's ca�venants and agr�ements shall be j ax nt and severa�. <br /> lf.Not�ces. Any no�i�e to Borro�ver pra�ided far in this Security Instrum�nt sha�� b�gi�en by <br /> del�vering��or by mai�ing it by f rst class m.ail unless applicab�e 1a�v r�quires use of anather methad. <br /> The notic�sha�l be directed t��he Proper�y Address or any ather address all Borror�ers jointl�designate. <br /> Any not�ce ta Lender sha�� be g�v�n by f rst class mail to Lend�r's address stated h�re�n or any address <br /> Le�der des�gna�es by not�ce to Borrower. An}�no��ce pravided for in th�s Secur�ty Instrumen�sha�l be <br /> �eeme�to ha�e been gi��n�o Barr�wer�r Le�der when g�ven as provided in this Paragraph �d. <br /> 17. Governing Law; Severab��ity. This Secur�ty�nstrument shall be govern�d b�Federal la�and the <br /> �a�of�he j urisdre�ion in vWhich the Pr�per�y is �o�ated. �n the�vent�ha�an�provision or clause of this <br /> �ecurity �ns�rument or th�No�e conflic�s vvith app�icab�e la�, such confli�t shail not affect ather <br /> provisions af this Secur����nstrument or the No�e vvh�ch�a�be g�ven effec�v��thout�he confl�c��ng <br /> prov�s��n. To�h�s�nd the provisions of�h�s Secur��y rns�rument and the Note are declared to be <br /> se�erab�e. <br /> 1�. Borrower's�opy. Borrower shall be gi�en�ne canfarmed cop}�of the No�e and�h�s Se�ur�ty <br /> Inst�ument. <br /> N�N--UN�F�RM C�VEI�ANTS. Borrower and Lend�r c�v�nan�and a�ree as fa��ov�rs: <br /> Pa�e 7 of 12 HECM First Deed��Trust <br />