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��15�34�9 signif�cant��r affe�t Lender's rights in the Property�such as a pr�ceeding��bankruptcy, for condemnation�r to enfarce laws or re�uulations},then Lender n�a�d.�a�d pay tivhatever i�necessar�to pr�tect the value of the Praperty and Lender's rights in the Prvperty, inGluding payment of taxes,ha�ard insuranee and other items men�ioned in�aragraph 2. Any amounts disbursed by Lender under this parag�raph shall becorn�an additional debt of BQrtow�r and be secured by�his Security�nstrum�nt. 'These amounts sha1�bear interest from the date of disbursemen�, a�the Note rate,and at the option of Lender,shal�be immediatel�r due and�a��bl�. Borrower sha1l promptl�discharge any��en which has priority over this Security Ins�rument unless Borrower: (a)a�rees in writin�to the payment�f the obtigation secured by the��en in a manner acceptable to Lend��'; �b}cont�sts in good faith the lien by,or defends against enforcement of the lien in, �ega1 proceed�ngs which in.the Lender`s opinion operate to pre�rent�he enforceme�.t of th� �i�n;or�c}secures from the holder of the lier�an agreement satisfactory to Lender sub�rdinatin.g the�ien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien whi�h ma�at�ain pri�rity over this Security Ins�rument,Lender may give Borrower a notice identifying the lien. Borro�er sha��sa�isfy th�lien or take one or more af the actions set fortb abo�e within 1�da�s a��h�g��rng of notice. $. �ees.Lender may col�ect fees and charges authorized by the Secretary. 9. �raunds for Acceleratian of Debt. �a} Default.Lender ma�r, except as limited b�regulations�ssued by the Secretary� in the case of payment defaults,require in�ediate payment�n�u��of a11 sums secured b}�t�i�s Securi�Instrum�nt if: �i) Borro�ver defau�ts by fail�ng to pay in fu11 any month�y payment required by this Security Instrumen.t prior ta ar on the due date�f the next monthly payment,vr (ii} Borr�wer defautts by failing, far a periad af thu ty days, t� p�rform any other obligat�ons contain�e�i in this SeGurity Instrument. 4b} Sa�e 1rll�thout Cred�t Appr��al.Lender sha11, if permit�ed by applic�.ble 1a��including Section 341�d}of the Gam-St. Germain Depository Institutians Act of�982, 1�U.S,C. 17�1 j-3(d}}and�v�tb tl��pri�r ap��rvval of the Secretary,�equire immediate payment in full of al1 sums secured b�this Security Instrument�f: �i} A11 or part of the Property,ar a benef eia�interest i�a tru�t owning all ar part of the Froper�r, is svtd or other�v�se transferred�ather than by devis�ar descent},and (�i} Th�Prop�rty is nat accup��d by the purchaser or grantee as his or h�r prrncipal residence,or�he purchaser or graatee does so occupy the Proper�bu�h�s or her credit has not been appraved in acc�rdance�vith the requirements of the Secretary. �c} IVo W��ver.If circumsta�ces o�cur that�ou1d permit L�nt�e�to require immed�a�e�aymen�in fu11,but Lender does not require such paymen��,Lender d�es nat waive its rights�ri�h respect to subsequent e�en�s. �d} Regulation�of HUD Se�r�tary.In man�circumsta.nces regulat�ons issued by th� Secreta.r3r��11 l�mit Lender's rights, in the case of payment defaults, to require immediate payment in fu11 and foreclose if not paid. This Security Instrument does not authori�e acceleration or foreclosure if not permitted by regulations of the Secretary. �e} M o rtg ag e N ot I n s u red.Boxrower agre e s that if this S ec�.rity inst,rument and the Note ar�not determined to b�eligible for insurance under the Natxonal Housing Act within 6�days from the date hereof,Lender ma ,at its o �ion,re uire immediate a e�nt in ful�of aII sums secured b this FHA Martgage WITH MERS-NE Re�ised 419fi VMP� VMP4N�NE}(13�2}.�� Woliers Kluwer Financiai 5ervi�es Page 5 of 14 q�3339384627 4�33 321 451�