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��15�1344 sign�ficantly affect Lender's rights in the Proper�y��uch as a proceeding in bankruptcy, f�r cor�demnation or to enforce laws or regulations),then Lender may do and pay whate��r is necessary to protect the vaiue of the F'ropert�and Lenc�e�-'s r�ghts�n t�e l�fopert�, �nc�ud2�.g�aa�ment�f ta�es, hazard i�n.surance and other items ment�oned in paragraph Z. Any amounts disbursed by Lender under this paragraph shall become an add�tional debt of Borr�wer and be secured by this�ecurity Instrurnent. These amounts shall bear interest fram the date of disbursement,a�th� Nate rate,and at the option af Lender, shali be immed�ately due and payable. Borrower shall promptly discharge any lien�uhich has priority a�er this Security Instrum�nt unless Borrawer: (a)agr�es��wrYtin�t��e pa�ment of th�ob��gat�on secured by the�xen�n a manner acceptab�� to Lend�r; �bj contests in gaod faith the Iien by,ar defends against enforcem�nt of the lien in, 1ega1 proceedings which in the Lender's opinion�perate t�pr��rent the enforcement of the 1ien;ar�c}secures from the ha�der of the�ien an agreement satisfactory ta Lender subordinating the�ien�o this Securit� Instrume�t. If Lender determines that an�part of the Froper�is subj ect to a lien which may attain priori�y over this Security Instrument,Lender may g��e Borrower a natice identifying the lien. Barrower shall satisfy the lien or ta.1�e an.e or more of the actions set forth above within I�days of the g�.vin�of notxce. 8. Fees.Lender may collect fees and charges authorized by the Secreta.ry. 9. Grounds for A�celeration af Debt. �a} Default.Lender may, except as limit�d by regulations issued by the Secretary, in the ca�e of paymen� defaults,requue immediate payrnent in full of aii sums secured by this�ecurity Instrument if: (i} Borro�er defaults by failing to pay in fuil any mnnth�y payment required by this Security Ias�rument pf��ta or on the du�dat�of t�e next month�y pa��nent,v�r �ri) Barrawer defautts by fai��ng, far a p�rYa� of th�.rt� da�s, to p�rfortn any vther �b��gat�ons contained in this Security�nstrument. {b} Sale Without Credit Approval.Lender shall, if permitted by applicab�e 1aw�including Sectian 34��d}of the�arn-St. Germain Depository�nstitutions Act of�98�, 12 U,S.C, 17�1 j-3(d}}an.d with the prior appro�al of the Secre�ary,require immediate payment�n full of aii sums secured by this S ecurit�Instrume�.t x f (i) A��or part vf th�Pr�perty,ar a be�.eficia��nterest�n�.tru�t o�n�ng a��or par�of the Propert�, �s sold or otherwise transferred(other than by de�ise or descent),and �11� The Prap�rt�is not occu�ied b�the purchaser or grantee as his or her principal residence,or the purchaser ar grantee does so occup�the Property but hi�or her credit has not been appraved in accordance with the r�quirernents of the Secreta.ry, ��} No 1Nai�er,If circumstances occur that would permit Lender ta require immediate payment in full, bu� �.erzder d�es�ot require sueh pa�ments,Lender does not wa�ve�ts r�g�ts with�espec�tv subse�uent ev�nts. �d} Regulatian�of HUD Secr�tary.In many circumsta.nces regulations issued by the Secretary�vi111im�t Lender's right�, �n the case of payment defau��s, to requi.re immediate payment�n fu�1 and farec�ose xf not pa�d. Thi�Se��ri�r Instrument does na�authorize acceleration or fareclosure if na�permitted by regulatior�s of the Secr�tary. �e} Mortgage Not �nsured.Bonower agrees that�f this Security Instrument a.nd the Note are not determined�a be e�igibl�for insurance under the hTa�ional Hausing Ac�withi�G�da�s�"r�m the date hereaf,Lender ma ,at its o tion,re uire immediate a ment in full of a11 sums secured b th�s FHA Ma�age WITH MERS-NE R�wised 419fi VMP� VMP4N�NE)[f3Q2].QO Wolters Kluwer Financial Services P�ge 5 of 44 q�333557340� ��33 37l �5�4