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��14�5��1 � � exercised by Lender when the unavailability of insurance �s solely due to Lender's failure to remit a mortgage insuran�e premium to the Secretary. 'I fl. Reinstat�ment.Borrower has a right to be reinstated if Lender has required immediate payment�n ful� because of Borr�wer's fai�ure to pay an am�unt due under the Note vr�his Security Ins�rument. This right applies e�en after foreclosure proceedings are instituted. To reinstate the Security Instrument, Borrower sha11 tender in a�ump sum all axnounts requ�red to br�ng Barrower's account�urrent inc�uding, t�the exten�they are vbligatians of Borrower und�r this Security �nstrument,fvre��osure costs and reasonab�e and customary attorneys' fees and expenses properly associated with the foreclosure proceeding. Upon reinsta�ement b�Borro�ver, this Security Instrument and the obligations tha��t secures sha.�l remain in effect as if Lender had not requ�red imme�iiate payment in fu11. Howe�er, Lender is nat required to permit re�nstatement if: (i�Lender ha.s accepted reinstatement after the commencement af forec�asure proceedings �vith�n two years immediately prec�ding the��mmencement of a current fore�losure praceed�ng, (�i� reinstatement wi11 prec�ude foreclosure on�iifferent grounds in the future, or�iii}re�nsta�ement�vi�� adversely affect the priarity of�he �ien created by�h�s Security Irrstrument. 11. Borrower Not R�I�as�d;ForbearanceE3y LenderNot a IIUai�er. Extension of the�ime of paym�nt or modif'�catxon of amartizat�on of�he sums secured by this Security Instrument granted by Lender to an� successor in interest of Borrawer shall not operate�o rel�ase the 1iab�Iity of the arig�nal Borrower or Borrower's success�r in interest. Lender sha11 not be required to commence pr�ceedings against any success�r in interest or refuse to exten�l time for payment or otherwise mv�ify amortization of the sums secured b�this Security Instrumen�by reason of any demand made by�he orig�na.l B�rrower or Borrower's successors�n interest. Any forbeara.nce by Len�er in exercising any righ�or remedy sha11 not be a waiver�f or preclude the exercise of any right or remedy. 12. Successorsand Assi�ns Bound;Joint and Several Liability;Co-S�gners.The covenants and agreements vf�his Security Instrument sha1�bind and bene��the successors and assigns af Lender and Barrower, subjec�t�the provisions of paragra.ph 9�b}. Borrower's covenants an�l agreements sha��be�oint and se�era�. Any Bvrrower who co-signs this Security Instrument but does not execute the Note: �a} is co-sigrung this Security Instrument only to m�rtgage, grant and cvnvey tha�Borro�er's interest in the Property under�the terms of this Security Instrumen�; (�}is nat personall�obligated to pay the sums secured �y�his Securi�ty Instrument; and(c}agrees that Le�der and any other Bvrrower may agree to ex�end, mo��fy, fvrb�ar or xnake any accommodations with regard ta the terms of this Security Instrument or the Na�e without that Borro�ver's consent. 'I 3. Noti�es.Any notice to B�rrower pro�ide�for in this Security Instrument shall be given by deli�ering�t or �y mailing it by first class mail unl�ss applicable law requires use of an�ther method. The nat�ce sha.l�be directed to the Property Address or any ather address Barr�wer designates by notic�tv Lender. Any n�tice �o Lender shall be gi�en by first class mail t�Lender's address stated herein or any address Lex�der designates by notice to Barr�wer. Any notice pro��ded for in this Se�urity Instrumen�sha.�l be deemed to ha�e been gi�en to Borrower or Lender when gi�en as pro�ided in this paragraph. 'I 4. G o�e rn i n g Law; Se��rab i�ity.This Security Instn�.ment sha11 be governed by Federallaw and the la�of the jurisdict�on in which the Property is 1oca�ed. �n the e�ent th,at any pro�is�on or clause of this Security Instniment ar the Note conflicts with applicab�e �aw, sueh canflict shall nat affect other provisions of thi.s Security Ins�rumen�vr�h�Nate which can be g�ven effect without the cvnflicting provision. To this end the pro�isions of this Security Instrumen�and the N�te are declared to be se�erable. 15. Borrower's�opy.Bonrawer sha�l be gi�en one conformed cop�of the Nate and af this Security Instrum�nt. FHA Deed af Tr�rst-NE 4196 VMP C� VMP4R(NE}(1302}.QD Wolters K�uwer Fi�ancial Services Page 6 of 10