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2� 1 ���4� 1 <br /> agreemen�s shall be �oin� and se�eral. Any Barr�wer wh� co-signs �h�s S�curi#y <br /> �nstrument but does n�t execu�e #he Note: �a} is �o-s�gning this Securi�y Instrument <br /> �nEy to mort�ag�, grant and convey #hat Borrovtirer's interest �n th� Property under the <br /> t�rms of th�s Security I nstrument; ��} is not pers�nafiy obiiga�ed to pay the sums <br /> secured �y this Security Instrument; and �c} agr�es tha� Lender and any oth�r <br /> Borrower may agree to ex�end, m�dify, forbear or make any ac�ommodations ►rvifh <br /> regard #o �he term of ��is Se�uri�y Instrurnen� or �h� no�e wi�h�u� �ha� Borrow�r's <br /> c�nsent. <br /> 4. Notices. <br /> Any n�tice �o B�rr�wer provided for in #h�s 5ecur�ty �ns�rument shafl be �i�en by <br /> delivering it or by mailing it by first c�ass maf! unl�ss applicab�e !aw requires use of <br /> another me#had. The notice shall be direct�d t� the Property Address �r any other <br /> a�dress Borrower desrgnates b� r�a�iGe to Ler�der. Any no���e �a Lender sn�l! be <br /> gi��n by first class mail fo: Department �f H�using and Ur�an De�elopment, <br /> Attn: S�ngle Family Notes 8ranch, 45'I S���nth Street, SVII, V11ash�n�#�n, DC <br /> ��4'�� or any addr�ss Lender d�sigr�at�s by notice #o Borrower. Any n�tice <br /> pro�id�d for in fihis Security Instrum�nt shall be de�med �o ha�� been given �� <br /> Borrower ar Lender when gi�en as provided in this paragraph. <br /> 5. G��ernin La`nr• Se�era�il�t . <br /> This Security Ins�rument shali be governed by Fe�era� iaw and the la►rv af th� <br /> �urisdiction in which the Property is In�ated. In fhe eve�nt�hat any provision or claus� <br /> af th�s Security instrument vr the Not� conflrcts with app�icable law, such c�nflict <br /> shal! not aff�ct oth�r pro�isi�ns of this Security Instrumen# or the Note which can ae <br /> given effe�t �n►i#hout the �onflicting pravis�on, To this end, the proWisi�ns vf fh� <br /> Securi�y I nstrum�nt and th� IVote are declared to be s�v�rable, <br /> G. Borrower's �o . � <br /> Borrower shali be given one canformed copy of the No#e and of this Secur�ty <br /> I nstrument. <br /> , <br /> N�N-UNIF�]RNl �QVENANTS. Borr�wer and Ler�der further covenan�and agree as fo�laws: <br /> 7. Acceleration• Remed ies. <br /> L�nder sha�l give notice to Borrower �rior to acceleratian fo��owing Borrower's breach <br /> of any co��nant or agreemen� in fhis Security lnstrum�nt. The not�ce shall spe�ify: <br /> �a} the defauft; �b} the ac#ion required fo �ure the d�faul�; ��} a dafe, nat less than 3� <br /> days from th� date the nofice is gi�r�n to Borrower, by whi�h the defaul� must be <br /> cured; and �d} tha� fa�fure to cur� �he default or� or before the daf� sp�cifed in �he <br /> no�ice may resul� fn accel�ratEon of the sums secured by this Security Instrum�nt and <br /> sale vf the P��perty. The noti�e shall further infarm Borrower of the r�ght fi� r�insta�e <br /> Page 3 of the Sub�rd�nate Deed of Trust Bor�ower InitiaE 'nes <br /> *Please add the appropriate num�er of initial�ines fnr each signatory over 4 <br />