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��14��133 or so long as the Loan is insured or held by HUD, HUI]'s remed�es under the BorroWer's Regulatary Agreement❑r afforded�y applicable law, and each shall be cumulati�e and may be exercised con�urrent�y, independently, �r successi�e�y, in any order. 24. F�RBEARAN�E. (a} So long as the Lnan is insured by HUD, Lender sha�l not without obtaining the prior written consent of HUD,take any of the following actior�s: �xtend the time far payment of al1 or an�part af the Indebtedness; reduc�the payments due under this Se�urity Instrument or th� Note; release anyane liable far the payment of any amounts under this Se�urity�nstrument or the Note; accept a renevval of the Note; modify the terms and time of payment of the Indebtedness; jain in any extension or subordination agreement; rel�ase any Mortgaged Proper�y;take or re lease other or additional security; modify the rate of interest or periad of amortizati�n of the Note or change the amount of th�monthly installments payable under the Note; and otherwise modify this Security Instrument or th�Not�. Hovve�er, if the Contract of Insurance has been terminated, Lender may�but shall not be obligated to�agree with Borrovver to any of the aforementioned actions in this Section and Lender shall not ha�e to give Natice to or o�tain the consent of any guarantor or third-party abl�gar. �b} Any forbearance�y Ler�der in exercising any right or remedy under the Note,this Security Instrument, or any other L�an Document or�therwise afforded by appl�cable law, shall not�e a wai�er�f or preclude the exercis�of any right or remedy. The acceptance by Lender�f payment of all or any part of the Indebtedness after the due date of such payment, or�n an amount that is less than the r�quired paym�nt, shall not be a wai�er of Lender's right to require prompt payment when du� of a11 other payments �n account nf the Indebtedness or to exercise any right ar remedy for ar�y failure to make prompt pa�ment. Enforcement by Lender of any security for the Ir�debtedness sha11 n�t constitute an�lection by Lender of remedies so as to preclude the exercise of any ather right available to Lender. Lender's receipt�f any proceeds ar awards under Section 19 and Section 2U shall n�t operat�to cure or waive any E�ent of Default. � 25. L�AN �HARGES. If any applicable law�imiting the amount of interest or other charges permitted to be collected fram Borrower in connectinn with the L�an is interpreted sa that any interest�r other charge pra�ided for in any Laan Document, whether considered separately ar together with ather charges pro�ided for in any Loan D�cument, v�olates that la�v, and Borrower is entitled to the benefit of that Iaw, that interest or charge is hereby reduced to the extent necessary to eliminate that�i�latian. The amounts, if any, pre�inusly paid to Lender in excess of the permitt�d amounts sha11 be applied by Lender to reduce the principal �f the Indebtedness. For the purpose of determining whether any appiicable law �imiting the am�unt of interest or other charges permitted to be collected from Borrower has been violated, all Indebtedness that�onstitutes interest, as well as all ather charges made in connection with the �ndebtedness that constitute interest, shall be deemed to be ailacated and spread ratab�y o�er the stated term of the Note. Un�ess otherwise required by app�icahle law, such ailocation and spr�ading sha11 be effected in such a manner that th�rate of interest so computed is uniform throughnut the stated term af the Note. 25. WAIVER�F STATUTE �F LIMITATI�NS. To the exter�t permitted by law, Barrower hereby waiv�s the right to assert any statute�f limitati�ns as a bar to the enforcement Pre�ious�ersions obsvlete Page 2T of 4� form HUD-94D��-�RCF�Re�.�3113}