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��14�411� <br /> significantly affect Lender's rights in the Property�such as a proceeding in�ankruptcy, for condemnation or <br /> �o enforce la�s or regt�lations},then Lender may�lo and pay�hatever is necessary to protect t�e value af the <br /> Property and Lender's rights in the Property, including pa�rnent of taxes,hazard insurance and other items <br /> mentioned in paragraph 2. <br /> Any amounts disbur�ed by Lender under this paragraph shall becom�an additional debt of Borrower and be <br /> s�cured by this Security Instrument. The��amounts sha11 bear interest from the date of disbursement,at the <br /> l�dote ra��e,and a�the a�tion af Lend�r,sha11 be im�nedia�el}�due a.�d�a�able. <br /> �3arrower sha11 prompt�y discharge any I�er�which has priarity a�er this 5ecurity Instrument unless <br /> Borrower: (a)agrees in�uri�ing to the payment of the obligation secured by the lien i�a manner accep�.ble <br /> to Lend�r; �b}contests in gaod fai�h the lien by,or defends against enforce�ment of the lien in., 1ega1 <br /> proceedin.gs�vhich in the Lender's apinion operate to prevent the enforcement of�he 1ien;or(c}��cur�s <br /> from the ho�der of the lien an agreement satisfactory tQ Lender s�ba�d�nating the�ien.to this S��uri�y <br /> Instrument. �f Lender determines that any part of�he Property is subaect to a lien which may attain priarity <br /> over this�ecur��Instrum�nt,Lender may gi�e Borrower a aa�ice iden�ifying the lien. Barrower shal�satisfy <br /> the lien or take o�.e o�rr�ore v�t�e actions set for�h above v�ithin 1�days af th�gi�ing of notice. <br /> 8. F�s.Lender may collect fees and charges authori�ed by the �ecreta.ry. <br /> �. �rc�und�for Ac�elerat�on of 13ebt. <br /> {a� Defau It.Lender may, �xcept as�imrted by regulations issued by the Secretary, in the case of payment <br /> ��faults,rey�u�re immediate�ayment in full of a11 sums secured by this Secu�i�Instrur�ent if: <br /> �i� Barrow�r defaults by failing to pay in fu�l any month�y payment required by this Secur�ty <br /> Instrument prior to or on the due date of the nex�monthly paym�nt,or <br /> (ii} B�rro�ver defau�ts by failing, for a period of thi.rty days, to perform any other obligations <br /> contained in this Security In�trument. <br /> �b} Sale illl�thaut Credit Appro�al.Lender sha��, if permitted b�app���able 1a�v(including Secti�n <br /> 341�d}�f the Gam-St. �ermain Degas��ory Institutions Act of 1952, I2 U.S.G. 1741 j-3(d}}and with <br /> the prior approval�f the Secretary,requue immediate pa�ment in fu11 of all sums sec�.red by this <br /> Security Instrument if: <br /> . ��� A11 ar part af the Praperty,or a beneficia��ntere�t in a trust o�vning a11�r part of the Property,is <br /> sold or other�vise transferred�o�her than by de�ise or deseent},and <br /> �ii) The Property is no�occupied by the purchaser or grantee as his or her princxpal residence,or the <br /> purchaser or grantee does so occupy the Pr�perty but�is or her credit has�at been approved in <br /> a�cordance�vith the requirements of the �e�re#ary. <br /> �G} No Waiver.�f circu.�nst�n�es accur that�va�.ld permit�ender to require rmmediate pa�ment in fu��,but <br /> L�nder does not requir�such payments�Lender does not waive its right�with respect to subs�que�n.t <br /> even�s, <br /> {d] F�egulationsof HUD Seeretary.In man�c�.rcumsta.nces regu�a��ons issued by th�Secretary vvi111im�� <br /> Lender's rights, in the case of paymen�defaults, to require immediate payment in fu11 and farec��se if <br /> nat paid. This S�curity Instrument d�es no�authori�e acceleration or f�reclosure if not permitted by <br /> regulations af the Seeretary. <br /> �e} IlAvrt�age Nat �nsured.Borrower agr�es th�t if this Security Instrument and�he Note are not <br /> determined to be el�g�ble for insuraace under the Na��ana�Housing Act within��days from the date <br /> hereof,Lender ma ,at its a tion.,re tt�re imrx�ed�ate a ment in full of a11 sums secured b this <br /> FHA Morkgage W�TH MERS-NE Revised 419fi <br /> 11NIp� VMP4N(NE�[134�}.44 <br /> Wo�ters Kluwer Financial Services Page 5 af 1 a <br /> q�33�3328�13 �23 44z �51� <br /> z <br /> , <br /> � <br />