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��14�5999 <br /> sign�f�cantly affect Lend�r's rights in the Property(such as a proceeding i�bankru��cy, far condem�r�ation or <br /> to enforc��aws or regula��ons},then Lender may do and pay�vhatever is necessary�o prate�t the va�ue of the <br /> Praperty and Lender's rights in the Pro��rty, including payment of taxes,ha2ar�insurance and ather xtems <br /> mentioned in paragraph 2. <br /> Any amounts��sbursed by Lender under this paragraph shall become an additional debt of Borrower and be <br /> secured by this Security Instrument. Th�se amounts sha��bear interest�rom the date of disbursement, at the <br /> Note rate,and at the aption of Lender, sha�l be imme�liately due and payable. <br /> Borrower sha��promptly discharge any lien which has priori�y o��r this Secur�ty Instrument unless <br /> B�rrower: �a)agr�es in�vriting to the pa�men�t of th�obligat�on secured by the lien in a manner accep�able <br /> to i.�nder; ��}contests in good faith the liexa�y,or�.efe�ds against enforceme�.t of the li�n�n, legal <br /> proce�dings which in�he Lender's apinion operate to prevent the enforcement of�he lien;ar�c}secures <br /> from the holder of the lien an agreement satisfac�ory ta Lend�r subordinating the lien to this Security <br /> �nstrument. If Lender determines that any pa�'t of the Property is subjec�to a iien which may attain priarity <br /> over this Security�nstrument,Lender may g�ve Borro�ver a notice identifyin�g the lien. Borrow�r sha11 sa��sf3r <br /> the lien or take one or more of the act�ons set forth above�vithin 1�days of the gi�ing of natice. <br /> $. Fees.Lender may c�Ilect fees and eharge�authorized by the Secr�tary. <br /> 9. Grounds for Acceleratian of De�at. <br /> �a} []ef�ult.Lender may, exeept as�imited by reguiations issued by the Se�retary, in the case of payment <br /> defau�ts,require�mmediate payment in fu��of all sums secured by this S�curity Instrumen��f: <br /> (�3 Borrower defaults by failing to pay in full any month�y payment required by this Security <br /> Ins�ment prior�o ar on the due da�e of the next monthly payment,or <br /> (ii} Borrower defaults by failing, for a period of thirty days, to �erform any other obligations <br /> canta.ined�n�his Se�urity Instrurr�ent. <br /> tb} Saf�'Iflfithvut Gre�it Approva�.Lender shal�, if permitt�d by applica�l�law��nclud�ng�ection <br /> 341(d}of the Garn-St. �ermain Depository�nstitutions Ac�of 198�, �2 U.S.�. 17�1�-3�d)}and�uith <br /> the priar appraval of�he Secre�ary,requir�imm�diate payment in fu11 of al��ums secured by this <br /> Security Instrument if: <br /> (i} All or par�of the F'roperty,or a beneficial �nterest in a trust o�t�tning all or part of the Property, is <br /> sold ar oth�er�rise transferred toth�r than by de��se or d�escent},an� <br /> (ii} The Property is not occupied by�he purchaser or grantee as his or her principal residence,or the <br /> purchaser or grant�e does sa occupy the Property but his or her credit has not been approved�n <br /> ac�ordance�ith the requir�ments of the Se�r�tary. <br /> ��} [Vo illlaiver.If circumstances occur that wouid perm�t Lender to require immediate payment in full, but <br /> L�nder�.oe�nat require suc�paymen�s,Lender does nat vvaive its rzghts w�th respect t�subsequent <br /> events. <br /> �d} Reg u lationsof H U D Secretary.In many circumstances regulations issued by the Secre�ary wi�i �imit <br /> Lender'� rights, in the Gase of p�.yment defaults, to require �mmediate payment�n fu11 and forec��se if <br /> not pa�d. This Security Instrument doe$not authariz�acceleration or forec�osure if not permitted by <br /> regu�ations of the Secretary. <br /> 4e} lllfortgage Not �nsured.Borrovver agrees that if this Securi�y Instrument and the Note are not <br /> determined to be elig�ble for�nsurance under t�ie Na�ional Housing Act within 6�days from the date <br /> hereof, Lender ma ,at its o tion,re uire immediate a ment in fu11 of al�sums secured b this <br /> FHA Martgage WITH MERS-NE �� �+ ' ►� Re�ised 419fi <br /> VMP D VMP4N4NE}(13U2}.4Q <br /> Wolters Kl�we�Financial Services Page 5 of 14 <br /> q�33311Q5141 4233 �94 451Q <br />