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��15�41�1 sign�f�cantly affe�t Lender's rights in the Property(such as a proceeding in bankruptcy, for c�ndemnation or to enf�rc� laws or regulations}, then Lender may do and pay whatever is n�cessary to protect the va�ue of the Propert�and Lender's rights in the Property, in�luding payment of taxes,ha2ard insurance and other items me�tioned in paragraph�. Any amounts disbursed by Lender und�r this paragraph sha11 become an additianal debt�f Borrower ar�d be secured by this Se�urity Instrument. Th�se amaun�s sha11 bear interest from the date af disbursement,at the Note rate,and at the option of Lender, sha11 be immediately due and payable. Borrower sha11 promptly discharge any lien which has priority o�er this Security Instrument unless Borr�wer: �a}agrees in vvr�ting to the paymen�of the obligation secured by the �ien in a manner acc�p�abte to Lender; (b}contests in goad faith the �ien by,or defends against enforcement of the lien in, legal pr�ceedings which in the Lender's opinion�perate ta prevent the enforcen�en�of the lien;or(c} secur�s from the halder of the lien an agreement satisfactory to Lender subordinating�he lien to�his Security Instrument. Tf Lender d�termines that any part of the F'roper�y�s subject to a lien�uhich may attain priority a�er this Seeurity Instrument, Lender may give Borrovver a notice identifying the lien, Borro�ver sha�l satisfy the lien or take one or mare of the actians set forth abo�e within 1�days af the giving of natice. $. Fees.Lender may co��ect fees and charges authorized by the Secretary. 9. �rounds for A�celeratian af Debt. �a} Default.Lender may, except as Iimited by reguia�ions issued by the Secretary, �n the case of payment defaults,require immediate payment in full of all sums secured by�his Security Instrume�t if: (i} Borrower defaults by failing to pay in full any monthly payment reyuired by this �ecuri�y instrument priar to or on the due da�e of the next monthly payments ar �11� Borrovver defaults by fai�ing, for a per�od of th�rty days, to perform any other obligations cantained in this Security Instrument. �b} 5a�e 1Nithout�r�edit Appro►►al.Lender shall, if permitted by applicable law(includ�ng�ection 341(d�of the Garn-St. �''rermain Depository Institutions Act of 1982, 12 U.S.C. 17Q�j-3�d}}and�vi�h �he prior approval of the Seeretary,requ�re immediate payment in full of all sums secured by this Security Instrument if; �i� All ar part of the Property, or a ben��cia1 interest in a�rust owning a11 or part of the Proper�y, is sold or otherwise transferred�other than by devise or descent}, and �ii} The Proper�y is not occupied by the purchaser ar grantee as his or her principal residence, or the purchaser or grantee does sa occupy the Property but his or her credit has not been approved in ac�ordance with the requirernents of the Secretary. ��} No Vllaiver.If circumstances occur that would permit Lender to require immediate payment in fu�l, but Lender does not require such payments, Lender do�s not waive its rights with r�sgect to subsequent e�ents. �d� �eg u iati o nsof H U D Secretary.In many circumstances reguiations issued by the ��cre�ary wil� limit Lender's rights, in the case of payment defaults, ta requ�re immediate payment in full and foreclase if not paid. This Security Instrumen�does not au�horize acceleration or foreclosure if not permitted by regulati�ns of the Secretary, te} Mortgage Nat Insured.Borrower agrees that if this Secur�ty Ynstrum�n�and the Note are not determined to be eligible for insurance under the National Hous�ng Act within G�days fr�m the date hereaf, Lender ma ,at its o tion,re uire immediate a ment in full of a11 sums secured b this FHA Martgage WfTH MERS-NE --. Re�i�ed 419fi VMP� VMP4N[NE}�13(}2}.4U Wolters Kl�wer Fir�ancial Services q�3 3413�z 119 �2 3 3 3 5 3 �51� Page 5 of 10