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2� 1 ��3474 <br /> ta�deferral are not subordinate to this Securi��Instirumenx. <br /> (�}Prior Liens. <br /> Borro���r sha�l pr�mptl��discl�.arbe any li�n wh��h has priori��t��er this Se�uri�y Instrument <br /> unless Borrow�r: �a}agrees in�vri�ing to the payment of��e obligatian secured by the lien in <br /> a manner���eptabl�to Lender;�b�contests in�o�d fa�th the l�en by,ar d�f�nds agains� <br /> enfor�em�n�:o�the��en in, le�al pro�eedings which i�the�ende�r's apinz�n operate�o pre�ent <br /> the enforcement of the�i�n ar forf�i�ure of any part�f�he Prop�rty;�r�c}secures fr�m the <br /> halder of����lien an a�reemen�satisfactory�o�end��subordinat�ng the�xen to a�l amoun�s <br /> secured by this S��uri��-Instrument.If L�nder determines that any part af the Pr��erty is <br /> subjec�t�a�i�n wh��h may atta�n prior�ty over this�ecur��y Instrumen�,Lender may g�ve <br /> B�rr�wer a no�ice�de�7�if��ing the lien.BorrQ�er sha��satisfy th� l�en or�a��ane or m�re af <br /> the actions se�forth above within�en(���days of the�ivin�of notice. <br /> 15.Relationship to Sec�nd Security Instrument. <br /> �a�S�cond Security Ins�rum�nt.In ord�r to s�cure payments which the Se�retary may make to or <br /> or�behalf of�3orrower�ursuant to Sec�ion 255�i��1��A}of the Natio�na�Housing A�t and th�Laan <br /> A�re��nen�,�he Secreta�-y has xequiz•�d Borrov��x�fl execut�a S�cond Nate a�d a Se�Qnd Security <br /> Instrumen��n�he Pr�perty. <br /> �b�Reia�ianship of Firs�and S��and Se�urity Instrumen�s.Paym�nts made by the Secre�a�y <br /> sha�I not b�in�lud�d in the debt und�r�he NQte unless: <br /> �i}This�ecurity Instrument is assibned ta�he Secretar��;ar <br /> (ii}Th�Secretar��acc�pts re�mbursemen�by th�Lender for a�l pa�ments made b��he <br /> Se�re�ar}f. <br /> If th���rGumstances described in�i}or�ii}o�cur,�h�n all pa��x��n�s by the�ecretary, <br /> in��ud�ng in��re�t on the paymen�s,but e�cludinb lat�charge�paid by�he S�cretary,shall be <br /> includ�d zn�he d�bt und�r th�Not�. <br /> �c}Eff�c��n Borr�wer. �here�here�s n.o assigr�ment or reimburs�m�nt as d�scrib�d in�b�(i}or <br /> �ii}and the Se�re�ary�r�.akes payments�a Barrower,�h�n Borro��r�hall no�: <br /> (i)Be required ta pay a�nounts owed und�r the Note,or�ay any ren�s and xevenues of�he <br /> Praperty under Para�raph 23�o Lender or a recei��r�f�h�Pro���ty, until the Se�retary has <br /> required pa�ment-in-full af all outs�anding principal and a�crued in�e�res�und�r the�econd <br /> N�tc;ar <br /> �ii}B�ob�igat�d to pay inter�st o�shared apprec�ation under the Note at any�ime,whether <br /> accrued before�r aft�r th�paym�nts b�the S�cretar�,and whe�her�r not aecrued�nterest has <br /> been inc�uded�n�h�p�rxncipal balan�e und�r��ie Note. <br /> �d�Nv Duty of�be Secretary.Th�Secr��ary has no du�y�a Lender t�enfo�rce covenan�s of�he <br /> Seco�d Security Ins�rument or to take ac�ion�to preserve�he va�ue of the Pr�per�,e��n though <br /> Le�zder may be unabte to�o�lect amounts owed under�he Note b�cause of r��tri��i�ns in this <br /> Para�raph �S. <br /> Pa�� 8 of Z4 HECM First De�d QfTnzst-2015 <br />