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��14�5��1 . : Any am�un�s disbursed by Lender under this paragraph shall become an additianal debt of B�rrower and be secured by�his Security Instrument. These amvunts sha.11 bear interest from the date of�iisbursement, at the Note rate, and at the aption of Lender, sha11 be imrnediately due and payable. B�rrower sha11 promptly dis�haxge any �ien which ha.s priority o�er this Security Instrument unless Borrower (a}agrees in writing to the�ayment of the abliga�ion secured by the 1�en in a manner acceptable tv Lender; �b}contests in good fa�th�he lien by, or defends against enforcement of the lien in, legal praceedings which �n the Lender's opinion�perate to prevent the enf�rcement of the 1ien; or�c} secures from the ho�der af the 1�en an agreement satisfactory to Lender subordina.ting�he lien to this Security Instn�ment. If Lend�r determines that any par��f the Property �s subject to a��en which ma�attain priority over this Security �nstrument, Lender may give Borrower a notice identifying the 1ien. Borrower sha��satisfy the lien or take one or m�re of the actions set for�h ab�ve within 1Q days of the giving of notice. S. Fees.Lend�r may col�ect fees and charges authorized by the Secretary. 9, �rounds for Acceieration of De�t. �a� D�fauit.Lender may, e�cept as limited by regulatians�ssued by the Secretary, in the case of payment �efau�ts, require immediate payment in fu11 of a11 sums secured by th�s Se�urity Instrument if: �i� Borro`uer defaults by fai�ing to pay in fu11 any month�y payment re�u�r�d by this Security Instrument prior to or on�he due da�e af the next month�y payment, or �ii} Borrower defaults by failing, for a period of thirty days,to perform any other abligations cvntained�n this Security Instrument. �b� Sale 1Nithout Credit Appro�al.Lender sha.�l, if permitted by applicable law�including Sect�on 341�d}of the Garn-St. Germain Deposito� In.stitutions Act of�982, 1�U.S.�. T 7�lj-3(d}�and w��h the priar approva��f the Secretary, require immediate paym�nt�n fu11�f a�l sums se�ured by�h�s Security �nstrument if: (i� Al�or part of the Property, or a beneficial interes�in a trust owning all or�art of the Property, xs sold�r otherwise transferred�other than by devise vr descen�},and (�i} The Property is not�ccup�ed by the purchaser or grantee as his�r her prin�ipa�residence, or the purchaser or grantee does so occupy the Property but his or her credit has nat been approved�n accordan�e with the requ�remen�s af the SecretaYy. �� No Wair►�r.�f circumsta.nces occur tha�t would permit Lender to requ�re immediate payment�n fu�1, but Lender does not require such payments, Lender does not wai�e its rights with respect to subsequent e�ents. �d� Regu�ati�nsvf HUD Secretary.In many circumstances re�ulatians�ssued by the Secreta�y wi11 limit Lender's rights, in�he case of payment defaults, to require immediate payment in fu��an�i fareclose if not pa�d. This Security Instrument dves not authorize acce�eration or foreclosure if nvt per�nitted by regulations of the Secretary. �e� IVlortgage Not Insur�d.Borrower agrees tha.t if this Securi�ty Instrument and the Note are not determxned ta be eligible for insurance under the Nationa�H�using Act wi�hi�n 60 days from the date herevf,Lender may, at its opt�on., requ�re �mmediate payment in fu11 af a�I sums secured by this Security Instrumen�. A written statement of any authorized a�ent of the Secreta.�y dated subsequ�nt to ��days fram the da�e hereof,�ieclirung tfl insure this Securi�y Instrument and the l�Tote, shall be deemed conclusi�e�roof of such ine�ig�bility. 1�otwithstan�ling the foregoing, this option may not be FHA Deed of Tr�s#-NE 4�96 VMP� VMP4R{NE]�1302}.OQ Wolters KEuwer Financial Services Page 5 of'10