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��14�334� significan�ly affec�Lender's rights in the Property��uch as a proceeding in bankrupt�y, for condemnation ar to enforce laws or regulations},then Lender may do and pay whatever is nec�ssary to pro�ect the value of the Property and L�nder's rights in the Property, �ncluding payment of taxes,hazard insurance and other items mentioned in paragraph�. Any amounts disbursed by Lender under th�s paragraph shall become an additianal debt of Borro�ver and be secured by this Security Instrument. These�a.maunts�ha11 bear interest fro�n the date of disbursement,at the Note ra�e,and at the op�ion of Lender, shall be immediateiy due and payable. Borr��er sha��promptl��ischarge any 1�en which has priority over this Securi�y instrument unless Borrower: �a�agrees in writing to the pa�ment af the ob�igati�n secured by the lien in a manner acceptable to Lender; ��b}contests in goa�i faith the li�n l�y,or defends against enfo�cement af the lxen in, legal proceedings which in the Lender's apinion apera�e�o prevent the enforcement of the lien;or(c}secures from the holder of the lien an agreement satisfactary to Lender subordinating the lien to th�s S�curity Instrument. If Len�er dete�'mines that any gart of the Pr�perty�s subj e�t to a��en which may at�a.in pr�ority o�er th�s Secur�t�r Instrum�nt,Lender may gi�e�onower a notice ident�fying the��en. Borr��er shall�atisfy the lien or take one or more of the actio�s set forth above�it�i� 1�da�s of the gi�i�g�f nat�ee. � $. Fe�s.Lender may col�ect fees and charges authori��d by�he �ecretary. 9. Ground�far Acce��ratian nf Debt. �a� Defau�t.Lender ma}�, ex�ept as limited b�regu�ations issued by the S�cretary, in�he�ase of payment d�faults,r�qu�r� immediate payment in full of a��sums secured by thi�Se�ur��Inst�umen��f: �i} Borrawer defaults by failing�o pay in fu��any monthly payment required by this 5e�urity Instrument prior to or on the due date of the r�ex�monthiy payment,or (ii} B�nower defaults by fai��ng, for a period of thirt� days, to perfarm any other obliga�i�ns contained in this Security�nstrument. �h} Sale il�l�thout�redit Appro�al.Lender shail, if permitted by app��cable la�v(inc�uding Sec��nn 341(d)of the�arn-St. Germain Depositor�Institut�ons Ac�of 1952, 1 Z U.5.�. ��1 j-3�d}}and with the prior approval of the Secretary,require immediate payment in full�f al1 sums secured b�this S�curit�Instrumen�if: (�} Al�or part of the Froperty,or a b�neficia�interes�in a trust ovvning aIi or part�f the Property, is so�d ar otherwise transferred(other than by devise or descent},and �11� The Proper�is not occupied by the purchaser ar�rantee as hi�or her prineipal residence,or the purchaser or gran�ee do�s so accupy the Prapert�but�iis or her credit has not been approved in accordance�it�the requirement�of��e Secreta.ry. �� !o�Ilaiver.�f circ�ar�st.a.nces occur tha��oul�pe��it Lender ta r�guir�irnmedia�e pa�rnent in��, br�t Lender does not require such payments, Lender does not wai�e��s rights vvi�h r�spect ta subs�quent events. �d} Regu�a�ion9of HUD Seeretary.In many circumstances regu�ations issued by the S�cretary wi111im�� Len�er's righ��, in the case of payment defaults, �o require immediat�payment in fu�l and forec�ose if not paid. Th�s Securit�r Instrument does not autharize acce�eration�r foreclosure�f no�permit�ed by regulations of the Se�retary. �e} �Nortgage IVot Insured.Borrawer agrees that if th�s Security�nstrument an�the�Tote are not determined to be eli�ible for insurance under the National Housing Act within 6�days from th�date hereof, Lender ma. ,at its o tion,re uire imme�ia�e a ment in fu11 of a�l surns secur�d b th�s FHA Mortgage WITH MERS-NE �� Revised 4196 VMP� 111vlP4N(NE�(1302].�� Wolters Kluwer Finan�iai Servi�es Page 5 0#14 qa33�65�8D57 4233 376 �51�