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��14�345� Securi�Instrument.A vvritten s�atement of an�authorized ag�nt of the �ecretar�dated subsequent ta 64 days fram the date hereof,declir�.ing to insure this Security Instrument and the Note,sha11�� deeme�conclusive proof�f such Yneligibilit�. Notwiths�anding the faregoing,this aption may not be exercrsed by L�nder when the unavailability o�insurance is solely due to Lend�r's fai�ure to remit a mortgage insuranc e�remium to th e Secretar�. 1�. Reinstatement.Borrower has a r�ght to be reinstat�d if Lender has required r�nmedi�t�paymen�in full because of�orr�wer's failure�o pay an arr�ount due under�h��Tote or this Security Instrument. This right applies even after forec�osure proceedings are�instituted.To reinstate the Security�ristrument,Borr�wer shall tender in a lump sum ail amounts required to bring Borro�ver's accaunt current including,to the extent they are obligations of Borrawer under thxs Secur�ty Instrumen�, for�closure costs and reasonabl�and customary attorneys'fees and expenses properly associated with the forec�osure proceeding. Upan rein�tatement by Borrot7ver,th�s Security Ins�rument and the obliga�ions tha�it secures sha��renr�ain in effect as if Lender had n�t r�qu�red�m�ed�ate�a}�me�t in fu��. HQu��v�r, L�nder is�at required to perm��reinstatement if: �x� Lender has accep�ed reins�atement aft�r the commencernent of foreclosure proc�edi�gs with�n two years immedia��ly preced�ng the commencement af a cur�ent foreclosur��roceeding, �ii�reinstatement wi�l prec�ua�e farec�os�r�an�if#'erer�t grounas �n�he#'�uture,�r(��z}�-e�nsta.tement�ri��a��e�se��aff�c�the pri�rity af the lien created by this Security Ins�rument. 11. Sarrower Not R�leased;Farb�aranceBy LenderNot a INai�er. Extensio�af the time of payment ar modificatiQn of amartizati�n of the sums se�ured by this Security�nstrument granted by Lender ta any succes��r in in�erest of Borro�ver shall not�perate ta r�lease the liab�lity of the original�orrovver or �orro�er's�u�cessor�n�nteres�. Le�der sha��n�t be required to commen�e procee�in�s against an� su�cessar in interest�r refus�ta�xtend tim�far paymetat or otherwise modify amart�2ation of the sums secured by this Security Instrument by reason of any demand made by the origxna�Borro�rer or Borrower's successar�iri intere�t. Any forbearance�y Lender ir�exerc�sxng any right�r remed�s�.a��not be a�a��e�r�� flr preclude the exercise of any right or remedy. 1�. �ucc�ssorsand Assi�ns�ound;Jaint and SeWeral Lia�ility;�o-Si�ners.The covenan�s arid agreements of this Security�nstrument shal�bind and benefit the success�rs and assigns of Lend�r and Borrower, subject to the pr�visions af paragraph 9��a). Borrawer`s co�enants an�agreements�hall be joint a�.d se�er�a�. A��Borro�er��.o co-sig�.s t��Se�ur��nstr��nt bu�does r�o��xecu�e the N�te: �a�is co-signing this Security Instrument only to mor�gag�,gr�.nt and�anve�that�orrower's in�erest in the Prflperty under the terms of this Security In�trument; (b)�s not personatly ob��gated to pay the sums secured by this S�curity�nstrument;and�c}agrees tha�Lend�r and ar�y ather Borro�v�r may agree�o exte�d, m�dif�, forbear or rriake any accommodat�ons with regard to the terms of�h�s Security Instrurnent or th�e Note without that Borrower's consent. . 13. IVatiees.Any notice tn Borrawer provided for in this Security�nstrument shall be given by de�ivering�t or by mailing it by first c�ass mai�unless appiicable�a�requ�res use of another method. The notice shali be �iree��d to t�.e Prop�rty.�.�dress�r an��.er aadress Bo�-otiver de��na�es by no�ice t�Lende�. Ar��Q��ce to Lendex shall be given by first c�ass maii to Lender's addr�ss stated h�re�n or an�address Lender designates by notice t��orro�ver. Ar�y notice pro�rided for in this Secur�ty Iri�trume�at shal�be deemed to have been g�ven to Borrawer or�ender w��n gi�en as provided in this paragxaph. '!4. Go��rningLaw; S��erabi��ty,This Security Instrument sha�l be gaverned�ay Federal law and th�lavv of the��sd�c�i�n�n�r�.�ch the Property�s located. In the event that any provision�r clause of this Securit� Instrument or the�Note c�nfl�cts with applicabl� la�v, such conflict sha11 not affect other prov�sions of this �ecurity�ns�rume�t or the Nate�vhich can be gi�en effec�tivithaut�he confl��ing provision. To this end the provisions af this Secur�ty Instrum�nt and�h�Nv�e are deciared�fl be severab�e. � FHA Mortgage WITH MERS-NE Revised 4196 VMR C] VMP4N(NE}�13�2}.UU Wvlters ECluwer Fir�ar�cial Services Page fi af 14 qa�3�s1�1�2� �� z a�zo