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��14�753� <br /> significantly affect Lender`s rights in the Property�sucb.as a proceeding i�bankruptcy,for cond�mnation or <br /> �o enforce la�vs or regulat�ons},�h�n Lend�r may do and pay�ha��ver is necessary to pro�e�t the value of the <br /> Propert3r and Lender's rights in the Property, ���luding payment af tax�s,ha�a.rd insurance and�ther items <br /> mentioned in paragraph?. <br /> Any amounts disbursed by Lender under this paragraph shall become an additional debt of Borro�ver and b� <br /> secured by this 5ecurity Instrument. These amoun�s sha���ear�nterest frorr��he date of d�sbursement,at the <br /> Note rate,and at the aption of Lender, sha11�e immediately due and payable, <br /> BorroWer shal�promptly disc�arge any lien which has priari�y over this Security Instrument un�ess <br /> Borro�ver: �a}agr�es in writing to the paym�nt af�he obl�gation secured by the �ien�n a manner acceptahle <br /> � to Lender; (b}contests�n gaad faith the lien b�,or defends against enforcement of the lien zn, �ega1 <br /> proceedings which in the Lender's op�nion operate t�pr�vent the enforcement�f the�i�n;or�e}secures <br /> fr�m the ha�der of�he l�en an agreemen.t satisfactory to Lender subord�nat�ng the lien to this Security <br /> Instrument. If Lender determin�s that any part of�he Proper��s sub��ct to a lien tivhich ma�r attain priority <br /> over this S�curity Instrumen�,L�nder may give Barro�ver a notice iden�if�ing th�lien. Borro�ver sha�l satisfy <br /> the�ien or�ke one or m�re af the act�ons set farth a�ove within 14 days af�he gi�ring�f natice. <br /> 8. Fees.L�nder may c��lect fees and charges authar�zed by�he Secre�ary, <br /> �. �rounds for Accelera#�on af Deb#. <br /> �a} �efauft.Lender�nay, exc�pt as lim��ed by regula�ians issued by the Secretary, �n th�case of payrnen� <br /> d�fau�ts,requ�re immediate payment in fu�l of all sun�s secured by this Security�nstrument if: <br /> (i� F3orrQtiver defaults by fa�lzng ta pa�in full any monthly paym�n�r�quired by this Security <br /> �nstxum�nt pri�r to or on the due date af the next monthly pa�ment,or <br /> (ii} �3�rrawer defaults by fail�ng, for a period af th�rty days, �� perfarm any other nbligations <br /> cantained in�his Security Instrurnen�. <br /> ��} Sa�e 1N[thout��ed�t A�proval.Lender sha1�, if permxtt�d by appl�cable law(�ncluding S�cti�n <br /> �41�d}of the Garn-St. Germain Depository In.stitutions Act of�98�, ��U.S.C. �'1�1j-3�d))and vvith <br /> �he pr�or approval af the Se�retary,require�n�mediate payment�n fu��of a�l sums�ecured by this <br /> Securit�r Instrument if: <br /> �i} AIi or part of the Property,or a benefic�al�ntere�t in a trus�o�n.ing all or part af the Propert�, is <br /> s�1d�r otherwis�transferred�ather th�.n�y devise or descent},and <br /> �ii} The Proper��s nat accupied by the purchaser or grantee as his ar h�r principal residence,or the <br /> purchaser ar grantee does sa occupy the Praper�y but h�s ar her cred��has not�bee�approved in <br /> accardanc�with the requirements of the Secretary. <br /> ��} Nv 1rll�iver.If circumsta.nces accur tha�wouid permit Lender to require�mmediate payrnen�in full, but <br /> Lender does not require such�ayments,Lend�r does not�aiv�its r�g�ts�ith respect to subsequen�t <br /> events. <br /> �d� Regu�ativn�af HUD 5ec�'etary.In many Gircun�stances regulations issue�i by the Secretaary�ill limit <br /> Lender's rights, in the case of paymen�defaul�s, t�requ�re irnmed�a�e payment in fu11 and forec�ose if <br /> � not paid. Thrs Security Instrument does n�t auth�rize acceleration or foreclosure�f not p�rmitted by <br /> regulations of�h� Secretary. <br /> �e} �Illvrtgage Na� 1n�u�ed,Borro�er agre�s that if�his Sec�arity Ins�xument and th�Note are not <br /> determin�d to be eligib�e for i�surance under the Nationa�H�using Act within 6�days from the date <br /> hereof,L,ender ma ,a��ts a tion,re uire immed�ate a ment in fu�l of a��sums secu�red b this <br /> FHA Mvrtgage VI!{TH MERS-NE Re�ised 4196 <br /> VMP� VMP4N(NE}�73�2).40 <br /> Woiters Kluuver Fir�anciai Services Page 5 of 10 <br /> q�3333884U9S �233 �8� �51� <br />