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��15�1175 � ., . Security Instrument.A writ�en statement of any autharized agent of the Secretary dated subsequent to _ � �D days from th�date hereof,declining to insure this Security Instrument and the Note, shal�be � � deemed conclusive proof of such ine�igibility.Notvvithstand�ng the foregoing,this option may no�be exercised by Lender when the unavailability of iasurance is�o�ely du�to Lender's failure to remit a mar�gage insurance premium to�he 5ecretary. 'I�. Reir�sta#ement.Borrower has a right to be reinstated if Lender has required immediate payment in fu11 because of Borrower's failure to pay an amaunt due under the Note or this Security instrument. This right appli�s e��n af�er foreclosure proceedings are instituted. Ta reinsta.te the Security Instrument,Barrower shall tender in a lump sum a11 amounts required to bring Borrower's acco�nt current including,to the extent they are obli�ations of Borrawer under this Security Instrument, foreclosure costs and reasonable and custamary attorneys'fees and expenses praperly assnciated with the foreclosure proceeding.Upon reinstateme�t by Borrower,this Security Instrument and the obligations that it secures shall remain in effect as if Lend�r h�d not required immediate payment in fu11. Ho�v�ver,Lender is nat required to permit reinstatement if: (i} L�nder h�s accepted rein.s�aternent after the commencement of foreclasure proceedings within�vo years immediately preceding the�ommencement of a current f�r�elosure proceeding, (ii}reinstatement wi11 preclude foreclosure on different grounds in�he future,or�iii}reinstatement�vi11 adversely affect the priori�af the lien created by this Securi�y Instrumeat. 11. Borrower Not Releas�d;ForbearanceBy LenderNot a 11Vai�er.Extension of the time of payment or modification of amortization of the sums secured by this Securi�y Instrument graated by Lender to any successor in interest of Bort�wer sha11 not op�rate to release the liability of the original Barrower or Borrower's�uccessar in interest. Lender sha11 not be required ta commence proceedings against any successor in interest ar refuse to ext�nd time for payment ar otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borro�ver or Borrower's successars in interest.Any forbearance by Lender in ex�rcising any righ�or remedy sha11 not be a wai�er of or preclude the exercise�f any right or remedy. �2. Successorsand Assigns Bound;Jo�nt and Se�erai Liabiiity;�o-�igners.The covenants and agreements of this Securit�Instrume��shal�bind and benefit the suecessors and ass�gns of Lender and Borrower,subject to the provisions of paragraph 9(b). Borrower's covenants and agreements sha11 be joint and several.Any Borrower who co-signs this Security Instrument but does not execute the Nate: (a�is co-signing this Security Instrument only to mortgage,grant an�convey that B�rrower's interes�ia the property under the terms of this Security Instrument; (b}is not persona�ly�b�igated to pay the sums secured by thi�Security Instrument;and(c}agrees that Lender and any o�her Borrower may agree ta extend,modify, forbear or make any accommodations�vith regard to the�erms of this Security Instrument or the Note �uithout that Borrower's consent. �3. Notices.Arly notice to Borrower pro�ided far in this Security Instrument shall be given by delivering it or by ma�ling i�by first c�ass mail unless applicable Iaw requires use of another method. The notice shal�be directed to the Property Addre�s or any ath�r address Barro�ver designat�s by notice to Lender. Any notice to�Lender shall be given by first class mail to Lender's address stated herein or any addr�ss Lender designates by notice to Borrower.Any n�tice provided for in this Security Instrurnent shal�be deemed to have�een given to Borrower or Lender when given as provided in this paragraph. 'I 4. Govern i ng Law; Se�era�iiity.This Secur��y Ins�rument sha11 be govemed by Federal law and the law af the jurisdiction in which the Property is�ocated. In the event that any provision or clause of this Security Instrument or the No�e conflicts with applicab�e law, such conflict sha11 not affect other provisions of this Security�ns�rument or the Note which can be given effect withaut the conflicting pro�is�on.To this end the provisions of this Security Instrument and the Note are dectared to be se�erab�e. FHA Mortgage WITH MERS-NE Rer►ised 419B VMP C� VMP4N[NE�{�302}A4 Wolters Kluwer Financial 5ervices Page�of 14 q03335580445 4233 38� D61a ,