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��14�5994 S�curity Instrument.A written sta.tement�f any autharized agent of the Secretary da��d subsequent to 6�days fr�m the date hereof,declining to insure th�s Security Instrument and the Nate, shall be deemed conelusive pro�f of such ineligibiiity.Natvvi�hstanding the foregoing,this option may not b� exercised by Lender when the unavailability of insurance is sole�y due to Lender's failure to remit a mortgage insuraace premium to the�ecretary. 'I D. Re�nstatement.Borrower has a right to b�reinstated if Lender has required immed�ate paym�nt in fu11 because of Borrower's faiture to pay an amount due under the Not�or this Security Instrum�nt.'This right applies even af�er foreclosure praceedings are instituted.T�rein.stat�the Security Instrum�nt,Borrower sha11 tend�r in a lump sum ail am�unts required to bring Borrower's account current including,to the extent they are obligations of Borrower under�his Security Instrum�nt,foreclosure costs and r�asonable and customary attorneys'fees and expenses praperly ass�ciated�ith th�foreclosure proceeding.Upon reinstatement by Borrower,this Security Instrument and the obligations tha�it secures sha��remain in effect as if Lender had not required immedia�e paymen�in fu11.Ho�vever,Lender is not required to permit reinstatement if: (�) Lender has accept��1 reinstatement af�er the commencement of foreclosure proceedir�gs within�o years immediately preceding the commencement of a current foreclasure proceeding,�ii)reinstatement wi11 preclude foreclo�u.re on different grounds in the future,ar�i�i)reinstatement will ad�erse�y affect the priority of the�ien created�by this Securi�y Instrument. 'I'�. Bvrr�ower Nat Re��as�d;Forbearanc�y LenderNot a Wai�er.Extension�f the time of payment ar modification of amortization af the sums secured by this Security Instrurnent granted by Lender�a any successor in�nterest of Borro�er sha�l not operate to reiease the 1ia�itity of the�riginal Borrower ar Borrower's successor in interest. Lender shall not b�required ta�ommence proceed�ngs aga�nst any succ�ssor in int�rest or refuse to extend�ime for payment ar otherwise mod�fy amortizat�on of the sums secured by this Secur�ty Instrument by reasan of�.ny�lemand made by the or�ginal Borro�er or Sarrower's succe�sors in interest.Any forbearance by Lender in exercising any right ar remedy sha11 nat be a waiver of or preclt�de the e�ercise af any right or remedy, '�Z. �u�cessorsand Assign�Bound;Joint and SeweFa�Liability;Co-Signers.The eovenants and agreements of th�s Secur��Instrument�ha11 bind and benef�the successars and ass�gns of Lender and Borrower,subjec�to the provisions of paragraph 9�b}. Borrower's covena�ts and agre�ments sha11 be joint and several.Any Bvrrower who co-signs�his Security Instrument but does nat execute the Note: (a}is co-signing this�ecurity Instrument only to m�rtgage,grant and convey that Borrower's interest in the Property under the terms of this Security Instrument; (b)is not personally obligat�d to pay the sums secured by this Security Instrument;and(c3 agrees that Lender and any other Borrower may agree to extend,modify, forbear or mal�e�ny accommodations with regard ta the terms af this Security Ins�rument ar the Nate without that�orrower's con.sent. 13. Notices.Any no�ice to Borro�ver pro�ided for in this Security Instrument shall be given by delivering it or by rna�ling it b�f�rs�class mail unless ap��icable 1aw requires use of another method. The notice shal�be �irected to the Property Address or any other address Borrower designates by notice to Lender. Any n.ot�c� ta Lender shall be given by first��ass mai�to Lender's address stated herein ar any address I�eader designates by notice to Borrower.Any notice pro�ided for in this Security Instrument sha11 be deemed to ha�e been given to Borrower ar Lender when g��en as prv�ided�n�h�s paragraph. 'f 4. Go�ern in�Law; Se�era�i I ity.This Security In.strument shall�e governed by F�deral law and the law of the jurisdictian�n which the Pr�perty is located.In the event tha�any prv�ision or clause of this Security Instrument or the Note conflicts�vith applicable law, such c�nflict shall not aff�ct other provisi�ns of this Security In.strument or the Note which can be�iven effect without the conflicting pro�is�an.To this end the pro��s�ons of this 5ecurity Instrument and the Nate are declaxed to be severable. �� FHA Mvrtgage WITH MERS-NE Revised 419B VMP� VIVlP4N�NE}{�3p2}.44 Wo�ters Klwver Financial Services Page B of 1 U qa��zssaz�� oz33 ��s o610