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��1 5�6739 Security Instrument. A written statement of any authori2ed agent af the Secretary dated subsequent ta 6D days from the date hereof,deClining tv insure this Security Instrument and the Note, shall be deem�d canclusi�e proaf of such ineligibility, Notwithstanding th�far�going,this apti�n may not be exercised by Lender when the unavailability of insurance is solely due to L�nder's faiiure to remit a martgage insurance premium to�he 5ecretary. 1�. Reinstatement.Borrower has a right to be reinstated if Lend�r has required immediate payment in full hecau�e of Borrower's failure to pay an amount due und�r th�Nate�r this Security Instrument. This right applies e�en after foreclosure proceedings are instituted. To reinstate the 5ecurity Instrument,Borrower shall tender in a lurnp sum all amounts required to bring B orrower`s account current including,to th�extent they are o�iigations of Borrower under this Security�nstrument,foreclosure costs and reasonable and customary attorney�' fees and�xpenses prvperly a�sociated with the foreclosure proceeding. LTpon reinstaternent by Borrower,this 5ecurity Instrument and the obligations that it secures shall remain in effe�t as if Lender had not required immediate payment in fu11, Howe�er, Lender is not required ta perm�t reinstatement if: �i} Lender has accepted reinstatement after the commencement af farecl�sure proceedings within twa years immediately preceding the commencement of a current fareclasure proceeding, �ii}reinstat�m�nt will preclude foreclasure on different graunds in the future, or(iii}re�nstatement will ad�ersely affe�t th� priority af the lien created by this 5ecurity Instrument. 11. Barrower Not Released; Forbearance By L�nder Not a 1Naiver. Extension of the time of payment or modification of amartizatian of the sum�secured by this Security Instrument grant�d by Lender to any successor in interest af Borrawer shail nat operate t�release the liability of the original Borrower or Barrow�r's successor in interest. Lender shall nat be required tfl commence proceedings against any successor in interest or r�fuse to extend time for payrnent ar othervvise modify amortizativn of the sums secured by this Security Instrument by reasan vf any d�mand mad�by the arigina�Borrower or Borrower's success�rs in inter�st.Any farhearance by Lender in exercising any right ar remedy shall not be a wai�er of or pre�lude the exercise of any right ar remedy, 1�. Su�cess�rs and Assigns Baund; Jaint and Several Liabifity; Co-S�gners, The covenant�and agreem�nts of this Security Instrumen�shall bind and benefi�the su�cessars and assigns of Lender and Barrawer, sul��ect ta th�provisions of paragraph�(b}. Borrower's co�enants and agr�ements sha11 b�joint and se�era�.Any Borrower who co-signs this Security�nstrument but daes not execute�he Note: (a}is co-signing this Securi�y Instrument�nly to mortgage,grant and�on�ey that Borrower's lnterest in the Property under the terms vf this Security Instrurnent; �b)is not persanally obligated to pay the sums s�cured by this Se�urity Instrument; and�c}agre�s that Lender and any other Borrower may agr�e to extend, modify, farbear or make any accommodations with regard to the terms of this Security Instrurnent or the�Fote without that H�orrower's consent. 13. No�ICes. Any notice to Borrower pra�ided for in this Security Instrument shal�be given by delivering it or by mailing it by first class mail unless applicable 1aw requires use of anather me�hod. Th�no�ic�shall he directed to the Property Address ar any other address Borrower designat�s by no�i�e to Lender.Any notice to Lender shall be giWen by first c�ass mail to Lender's address stated herein ar any addr�ss Lender designates by natic�ta Borrawer. Any notic�pra��ded for in this Securit�Instrument shal�be deemed to haWe be�n gi�en to B Qrrower or Lender when gi�en as proWided in this para�raph. 14. Gav�rn�ng Law; 5e�erability. This Security Instrument shal�be goWerned by Federai�aw and the law of the�urisdictian in which the Praper#y i5located.In the e�ent tha�any provision or�lau5e of this Security Instrument or the Note conflicts with appliGable law, such conflict shall not affect other pravisions of this 5ecurity Instrument ar the Note which can be giv�n effect without the conflicting provision.To�his end the pro�isians of this Security Instrum�nt and the Note are declared to be se�erable. 159735587 ��9211498� FHA M�r#gage WITH MERS-NE Revised 419G VMP g VMP4N�NE}�134�j.4� 1Nolters Kluwer Financial 5ervices �ag�6 of 1� [ � �