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��15��345 significan�ly affect�.ender's rights in the Praperty(su�h as a grviceed�ng in bankruptcy,for co�.demnation ar to enforce Iaws or regulations),then Lend�r may do and pay�vhatever is necessary to protect the value of the Praperty�nd Lender's rights in the Prope�y,including payment of�axe�,h.a�ard insuran�c�e and o�ther i�en�s mentioned�n pa,ragraph�. Any amounts disbursed by Lender under this pa,ragraph sha11 become an additional debt of Borrower and be �ecured by this Security I�strumeat.These amounts sha��bear interest from�he date of disbursement,at the Note rat�,and at the option of Len�ier, sha�l be immediately due�nd payable. Borrower shall promptly discharge any�ien�vhich has prior�ty over this Security Instrurnent unless Borrower: (a�agrees in wri.ting to the payment of the obligation secured by the lien in a mann.er a�ceptable to Lender;(b}cont�sts in good faith th�lien by,or defends against enfarcement of the lien in., 1egal proceed�ngs�vhich in the Lender's opinion operate to pre�ent the enforceme�t of the lren;or�c}secures from the holder of the lien an agreement satisfactory to Lender subordinating the I�en to this Secur�ty Ins�rument. If Lender detenmi.nes that any part of the 1'roperty is�ub�ect to a lien which may attain priority o�er this Security In.��rrument,Lender may give�3�rro�ver a n�tice identifying the�ien. Barrower sha11 satisfy the lien ar ta,ke one or mare of the actians�e�forth a�a�re w�th�n 1�day5 of the giving of notice. $. Fees.Lender may collect fees�nd charges authorized by t�xe�ecreta,ry. 9. Grounds far Acc�leration vf�e�t. (a} Default.Lender may, except as limited by regulations issued by the Secretary, in the case of payment defaults,requue unmediate pay�m�nt in fu11 of all sums secured by thi�Security Ins�rument if: (i} Borrawer defaults by failing to pay in fu11 any monthly payment requ�r�d by this Securi.ty Ins�rument prior to or on the due date af the next month�y payment,or (ii� Bo�rrower defau�ts by fai�ing, for a p�riad of thi�rty ti��s, ta p�rffl�n any other ob�igations canta�ned in this Security Instrument. �b} 5�ie Without Credit Approv�l.Lender shall, if perm�tted�y applicable 1aw(includi.ng Sec��on 341(d)of the t'"iam-St. �'rermain Depository Institutions Act af 1952, 12 U.S.C. 170 I j-3�d�}and with th�prior approval of the Secretary,require irnmediate payment in fu11 af a11 sums secured by th�s Security Instrument xf: (i) A11 vr part of the Praperty,or a beneficia�interest in a trust o�vning al�or pa�t of the Property, is sold or otherwise transferred(other than by dev�s�or descent},and �ii) The Prap�rty is not occ�piecl b�the purchaser or grant�e as his or her principai residence,�r the purchaser or grantee does so occupy the Property but his or her credit has not been approved i� accar�an�e wit�the requirements of the Secretary. �� No 1rVai��r.If circur�sta.nces occur that wauld permit Lender ta re�uire immediate paym�nt in fu��,but Lender does nat require such�aaym�nts,Lender does not waive its r�ghts v�ith respect to subsequent events. �d} R�gulations�of HUD �ecretary.In many cucumstances r�gulation.s issued by the Secretary will limit Lender's i�gh#s, in.the case o�payment defau�ts,to require�mmediate payment in fu11 and for�cl�se if not paid. This Security In.strument do�s not author�.ze acceleration or foreclosure if not permitted b� regu�atians of the 5ecretar�r. 4e� Mortgage Not I�sured.B�rrower a,grees that if th�s Security Instrument and the Nate are nat determined to be eligible far in.surance under the National Hausing Act�vithin 6�days from the date hereof Lender ma ,at its o tion,re uire immediate a ent in full af a1�sums secured b this FHA Mortgage WITH MERS-l�1E Revised 4I9fi � VMP� VMP4N�NE��93U2}.QQ Wn�tets Kluwer F�n�nclal Servic�es Page 5 of'�t� q�333f18�18� ��33 483 �514