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��14�4SS� si�nificantly affect Lend�r"s rights in the Praperty(such a�a pro�eeding�n bankruptcy, for condemnat��n or to en.f�rce la�vs�r re�ulations},then Lender may do and pay whatever is ne�essary to pr�tect the value of th� Property and Lender's rights in the Property, including payment of taxes,hazard insuranc�and other items mentioned in paragragh 2. Any amounts disbursed by Lender under this�aragrap�shall becom�an additional debt of Borrower and be secured by this�e�urity Instr�ument. These amounts shal�b�ar interest fram the date Qf disbursem�n�, at the Note rate,and at the aption of Lender, sh�1l be immediately d�e and payable. Borrow�r shall prQmptly discharge any li�n whi�h has priority o��r this 5ecurity Instrument unless Borrovver: (a}agrees in writing to the payment of the obligation secured by the lien in a manner acceptab�e �o Lender; (b}cantests�n good faith the l�en by,or defends against enfor�ement of th��ien in, �egal proceedings whi�h in the Lender's opinion operat�to pre�ent the enforcement of the��en;or(c}s�cur�s from th�holder of the lien an agreement sa�isfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that�ny gart vf the Proper�r is subj�ct to a lien which may attain priarity over this Security In.six�ument,Lend�r may give Borrower a notice identifying�he tien.Borrower sha11�atisfy� the�ien or ta,ke one or more of th�action�se�forth above with�n �D days�f th�gi�ing of notice. 8. Fe�es.Lender may ca�lect fees and char�es author�.zed by the Secretary. 9. Grr�unds fvr Acce�eratian �f D�bt, � �a} Defau It.L�nder rnay, except as I�m�ted by regu�ati�ns issued by the Secr�tary, in the case of payment defaults,require immediate payment in full of a��sums s�cured by this Security�nstrument if: (i) Borrower defau�ts by f�.iling to pay�n fu11 any month�y payment required by thi�Security Instrument priar to or on the du�date of the n�xt monthly paym�nt,vr (ii) Borro�v�' defau�ts Uy fai�ing, for a p�riod of thir�r days, to p�rform any other obl�gations conta.ined in this Security Ir�strument. �b� Sal�Without Credit Approva�.Lender shall, if permitt�d by app�icable 1aw(in�luding Section 3�1(d�of the�rann-St. Germain D�pasitory Institutians A.ct of 1�52, 12 U.S.C. 17�1 j-3(d))and with �he prior approval af th� Se�r�tary,r�quire immediate paym�nt in fu�I of all sums s�cured by this 5ecurity Instrument if: �i} All or part of th�Praperty,or a beneficial interest in a trust owning aIl or part of the Pr�perty, i� sald or othenjrise tran.sferred(othcr than by dc�ise or descent),and (ii} The Property i�not occupied by th�purchas�r or gcant�e a.s his or her prin�ipal residence,or#h� purchaser or g�rante�d��s so�ccupy th�Praperty but his or h�r cr�dit has not been appr�v�d in aGcardance with�he r�quuements of the Secr�tary. ��} No Wa�ver.�f�i.rcumstances occur that wou�d permit Lender ta r�quue�mmediate paym�nt in fu1�, bu� Lender does n�t require such payments,Lender do�s not waive its r�ghts with respect to subsequent e�ents. [d� Re�u IatiQn�vf H U D S�cretary.In many c�rcumstances regu�ations issued by the�eGretary wi1� ��mit Len�ier's rights, �n the case of pay�rnent defautts, to require immediate�ayment in ful�and foreclos�if not paid. This Security Inst�rument d�es not authorize accel�r�tion or foreclasur�if no�p�rmi�ted by regulations of the Secr�tary. �e} M v rt�ag e N ot I n s u red,Borrower agr��s that�f this S ecurity Instzument and th�Not�are n�t d�termined to be el�gible for insuranc�under the Nati�nal Hous�ng Act w�thin 6U days frc�rn th�date hereof L�nder ma ,at its a tion re uue immed�a�e a cnt in full of ail�ums secured b this FHA Mortga�e WITH MERS-N� I�i�ed 419d VMP� VMP�N(NE�(1342}.44 iNolters Kl�r Ffnanciai 5�nrices Paqe 5 a�14 q� 3 94141Z � 411 � 1