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��15�1175 significantly affect Lender's rights in the Proper�y(such as a procee�lxng in bankruptcy, for con�iemnation or to enfarce laws or regulations}A then Lender ma�do and pay whate�er is nec�ssa,�y to protect the value of the Property and Lender's rights in the Property, including payment of ta.xes,hazard insurance and other items mentioned in paragraph 2. � ` � '� Any amounts disbursed by Lender under this paragraph shall become an additional debt of Borrower and be �secured by this Security Instrument. These amounts sha11 bear interest from the date of disbursement,at the Note rate,and at the option of Lender, sha11 be immediately due and payab�e. Borrower sha11 promptly discharge any lien which has priority o�er this Security Instrument unless Borrower: (a}agrees in�vriting to the payment of the�bligatian secured by the��en in a man.ner acceptable to Lender; (b}contests in good faith the lien by,or defends against enforcernen�of the lien in, iegal proceedings which in the Lender's opinio�aperate to pre�ent the enforcement of the lien;or�c}secures fram the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subj ect ta a lien which may attain priority over this Security Instrument,Lender may give Borrower a notiee identifying the 1ien. Bvrrower sha11 satisfy the��en or ta.ke ane or more of the actions set forth above within 10 days of the giving of natice. $. Fees.Lender may callect fees and charges authorized by the Secretary. - 9. �rounds for Acceleration of Debt. �2�} Qefau It.L.ender may, except as limited�y regulations issued by the Secretary, in the case of payment defaults,require immediate payment in fu11 of a11�ums secured by this Security Instrument if: (i) Borrower defaults by failing t�pay in fu11 any monthly payment required by this Secur�ty Instrument prior ta or on the due date of the next monthly payment,or �11� Borrower defaults by failing, for a period of thir�y days, to perform any other obligations C�11�111eL�1ri t�1S SeClirl�I115�'Ll�riellt. �b� 5ale 1Nithvut Credit Appro�af.Lender shall� if perm�tted by applicable law�including Section 341(d)of the�arn-St.�ermain D�ository Instftutions Act of�982, 12 U.S.C. 17U 1 j-3(d}}and with the priar approv�l of the Secretary,re�uire�mmediate payment in fu�l of a�1 sums secured by this Securi�y Instrument if: (i� A�i or part of the Property,or a benef eial interest in a trust owning all or part af the Property, is sold ar atherwise transferr�d(other than by d�vi�e or descent),and (ii} The Property is not occupied by the purchaser or grantee as his or her principal residence,or the purchaser or grantee doe�so accupy the Property but his or her credit has not been approved in accordance with the requirements of the S�cretary. �c} Nv�IVai�er.If circumstances occur that vc�ould permit Lender to require imme�iiate payment in full, but Lender does not require such payments,Lender does not wai�e its rights�vith respect t�subsequen� events. �d� Reg u lationsof H U D Secretary.In many circumstances re�ulations issued by the Secretary wi111imit Lender's rights, in the case of payment defaults, to requvre immediate payment in full and foreclos�if not paid. This 5ecurity Instrument does not authori..ze acceleration or foreclosur�if not p�rmitted by regulations of th� Secretary. �e} IVlortgage Not Insured.Borro�ver agrees that if this Security Instrument and the Nate are no� determined to be eligib�e far insurance under the National Housing Act within 6�days from the date hereof,Lender ma ,a�its a tion,re uire immediate a ent in fu1�af a11 sums secured b this FHA Mortgage WITH MERS-NE Re�ised 419B IJMP C� VA►IP4N(NE}[1342}.44 iNa�ters Kluwer Financiai Sen►i�es Page 5 of 10 qa333658�445 �233 38� �51�