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r - T T "" 104gs0 T. COIwo —Won, ,Thi proaeewM of a"*%Wd or elan fw domags., edmact:or coneequentisl, M, ma i calat VdM any' , ._ °. oeMlMrkt. ar OW ttideg_d any part of PtMarV, or for contr%W" In place d'condw MYon. were hw*y au4W and *hill to paid- b Lender to 1M.dtnm o! tie pi enmarnit d the Imtde6Mbaees that esirleimti u�p@tM under VW Ngte.and testa Sseurty innnw** Lander, s!M! cep awoff preoeede 10 the reduollomt of tfte filt>Mbls under ft- wWand.tttb Seasfiy inetnertaaf, first !o ON daingwartt arnctmnts espied k #4 order plc a 1A In ftop pit A and than lib l; v of-i; 1 Os i Any. spptiotmllon athe plrocseda b time pdtrtelpat ahtal .net ataertdt or poegtone 11me der Oft;* *;a wmiltly psoposift with* are mbred b b ft agaph 2. •or dwW the amount of aitch payments. Asjt d *00 prmoressdlit owr'an 06otrtf errlttfrd w'py 41 aMSrrtdtg imtdsbtadA I under slut fgaot ttnd this S UAW fnaurntnt sttsa be paid `ti - -�., 1etM •+rtwirla�ly.rtritad.�lMnfo., - . 4L FbM Leander mall oohed less and chteA ddliodsedby the seddery. f1.Or6meds for AoumbiaBove of Derr (a) Defy & Lander may. OWN" es titled by regulrioits Issued by the Secodery in the case of payment dafiults. rsgoin peff"in Ad of all :ati rw secured_ly. this. Socu* in i umaint It 11100!1WMrer ddadMs.by •fling to pay, in Rd any monthly psymwtt rewired by this Swu*y kwMxnwt prior to or on the due dMe of Sur rAd mortthy prymwk or @ Borrower d*Aft by faing. for a period of thity days, to parlor. any, other abiga6on9 contained In this SaYSily ' , Insttarnertt • .. (b) Sale Without Credit Approval. Lander shM, q permitted by applicable taw and with the prior approve! of the Secretary, rewire in, Ad payment in full of d the sums $$cured by ON Security Instrument ti: .. m N or pert of the Aropedy is otherwise aansfedred (other than by devise or descent) by the Borrower. and m The ftperty is not oocupisd by the purchaser or QeMes as hie or her primary or secondary residence, or the ptscheser or grant" does so occupy.the Property but his or her credR has not been approved In aecordanos with the requkenmenI I of the Secretary. • (c) No M War. N circumstances occur that would permit Lander to require immedide, payment In tut, but Lander does not to*** such payments. Lender does not wdve its rights with respect to aubseWint events. =_ (d) Replations of HUD Secretary. In merry dreanstances reuIstions Issued by the Smotary wit finis Lender's t dphts In slur one of payment dshub to require irartedstei payment in Rim and foreclose t not paid. This Security InsttartwR dew not authorize acceleration or toredosure ff not permitted by retulrmuons of the Ssaagmy. 10 Reh Ptat rnefNl. Borrower has a fight to be rabstatsd it Lander has regained irmtedtiate payment in full because of Borrowers iature to pay an amount due under the Note or this Security, Instrument This right applies even after foreclosure proceedings are ineYMtfed, To rsyrsWe the SdecaMy kwifurnent, Borrower shd tender in a lump sum amt amounts mtmqui W to bring Borrowers account reaso and cants Inc txft to the extent they are obligations of Borrower under this Security instrument., foreclosure costs reasonable and cuslwWy amt n"W flees and sapensss propety, "sodded wits the foreclosure prcces Mg. Upon rdnstdoment by Borrower. this Security Insinarad and the obigationa that it secures shat ra nak in dkl g as if Lander had not required inmedide payment In tut. However, Lender is not required t0 permit reinstatement it m Lander has accepted reindotement after the commeneernsM of foreclosure proceedings wi *v two yens imm dtiatdy preceding the commencement of a current bndosure proceeding, M reinstatement will preclude foreclosure on dtift , grounds in the lulus. or (it) reinstatement will adversely of ed the priority of the liars created by this Security inetrum@nL 11. Borrower Not Released; Forbearance By Lender Not a Wa ver. Extension of the time of payments or modification of antortiration d the sums secured W this SeaxNy, Instrument granted by Lender to any successor In Interest of Borrower shat not operele to release the liability of the original Borrower or Borrowers successor in interest. Lender shell not be adluind to commence proceedings against any dwo6seor In interest or rsMw to erdend time for payment or otherwise modify amortization of the sums secured by this SecurW kMtnrrt nt by mason of any demand made by the original Borrower or Borrowers successors in interest. Any fombearance by Lander in wArdsing any right or remedy shag not be a yvaiver of or preclude the exerdse of any right or ramody. 12. Succeesors and Assigns Bound; Joint and Several Liability; Co- SiSnere. The covenants and agreements of this Sedaulty Insfument shell bind and benefit the sucomore and assigns of Lender and Borrower. subject to the provisions of potagrepit gb. Borrower's covenants and agneemermts shd be jolM and several. Any Borrower who co-signs this Security Instrument but doss not execute the Note: (a) is cat signing this Security Instrument only to mortgage grant and convey that Borrower's interest In the Property under to team of this Security instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees shad Lertder and any osier Borrower may aeree to od and, modsy, forbear or make any accommodations with regard to the term of this Seoth* Instrument or the Note without that Borrower's consent 13. Notices. Any notice to Borrower provided for in this Swzfity instrument shall be given by delivering It or by memo R till first dasi nW uriW eppkmdmle law squires use of another - method. The notice shag be directed to them Property Address or any other address Borrower designates by notice, to Lender Any notice to Lender shall be given by first class mail to Lender's address stated herein or any address Lander designates by notice to Borrower. Any notice provided for In this Security instrument stall be deemed to have been guar to Borrower or Lender when given as provided in this paragraph. 14. Govoming Lane; Ssverability. This Security Instnanant shalt be governed by Federal law and the law of the jurisdiction In which the Properly Is located. In the event that any provision or clause of this Security Instrument or the Note confk-ts with 1fiA -applicable law, such iwntlict shall not affect other provisions of this Security instrument or the Note which can be givers effect without FHA PRO-w, *a Qttd M Try;! 1775 Pala 3 of 5 F 07 3 0—) -2.A