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��15�545U significantly affect Lender`s rights in the�'�operty tsuch as a proceeding in bankruptcy�far candemnation�r ta enforce Iaws or regulations),then Len�er may do and pay Whate�er�s necessary t�pro��c�the value of the Froperty and Lender�s ri�hts in the property, �ncluding payment of taxes,hazard insurance and other iterns mentioned in pa.ragraph 2. Any amaunts disbursed�y Lender under this paragraph sha�l become an additional debt of Borrawer and b� s�cured by this Security�nstrument,These amot�nts sha11 bear intere�t fram the date of disburs�ment,at the 1�ate rate,and at the option af Lender,sh�.l�be immediately du�and payable. Borro�ver shai�promptly discharge any lien which has priori�y over this Security Iastrument unless Borrawer: �a}agrees in�vriting to the payment of the ob�igation secured by�he�i�n in a manner acceptable to Lender;(b)cant�sts in good faith the lien by,or d�fends agairast enforcement af the l�en in,�ega1 proceedings which in the Lender's opini.on operate to pre�ent the enforcement of the 1ien;or tc}se��res from the halder of the t�en an agreement satisfa�tory to Lender subord�nating the lien to this S�curity Instrument, If Lender determines t�iat any part of the Property is 5�bj ect to a lien whi�h may attain priori� over this Security Ins�rument,Lender m.ay give B�rrower a notice identifying the lien.Bonower shall satisfy the I�en or take one or more of the actions set forth abave within 1�days of the gi�ing af notice. $. Fees,Lender may collect fee�and charg�s authariz�d l�y the S��re�ar�. �. Graunds for Acceleration of De�t. �a} Default.Lender may, ex�ept as limited by regulations�ssued by the Secretary, in the case of payment defaui�s,requi�e�mrnedi.ate payment in full vf al�sum�secured by th�s Security Instxument if: �i) Borrower defaults by fa��ng�o pay in fu11 any monthly payment required by this�ecurity Instrument prior to ar on the due date of the next m�nth��paymeat,or (ii) Borrower defaults by fai�ing, far a period of �hi.rty days, to perform any other obligations cantained in this Security Instrurnent. �b} Sale INithout�redit Appro►rai.Lender sha11, if permitted by app�icabte law(includin�Sectian 341�d}of th��arn-�t.Germain Depositary Institutions Act af��82, 12 U.S.C. I 7�1 j-3�d))and wi�h the prior appro�ai of the Secret�xy,require immedia�te pa�ment ir�fuii�f ait sums secured by this 5ecu.rity Zn�trument if; (�� All ar part of the Prog�rty,or a b�tt�f�ial interest in a trust o�ning a11�r part vf the Propert�,i� sold or otherwise�ransferred(ather than�y devise or descent},and �ii� The Property is not occupied by th�purchaser or grantee as his�r her principal residence,or the purGhaser or grant��does sa occupy the Property but his or her credit has not been approved in accordanGe with the requirements of the Secretary, �� No 111iaiver.If ci�rcumstances occur that would p�rmit Lender to require�mmediate payment in fu11, but Lender does not require such payrnents,Lender does aot�vaive it5 rights with respect to subsequent e�ents. �d} Re�ulation�af HUD Seeretary.In many cir�umsta�aces regulations issued by the Secretary will timit Lender's rights, in the case of payment�efaults, to re�u�re �mrnediate payment in fu11 ar�d fore�lose if not paid. This �e�ur��y Instrum�nt dQes not authorize accel�ration or fareclosure if not permitted by regulations of�h�Secretary. �e} IIA o rtg ag�N vt 1 ns u red.I3orrower agrees that if this S ecurit�Instzum�nt an�the Note are not determined ta be e�igible for insurance under the Nati�nai Housing Act within 6�days from the date hereof,Lender ma ,at its o tion,re ��re immediate a rn�nt in fu11 af a�1 sums sectued b t�,is FHA Mor�qage WITH MERS-NE Revised 419B VMP g VN1P4N[NE}�1342}.4Q Walters I[lu►,v�r Financia�Services q�3338986593 Q233 474 �514 Page 5 of 1U