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F <br />No <br />indsbtednsss. <br />12. The Borrower further agrees that should this instrument and <br />the note secured hereby not be digfble for insurance under the <br />National Housing Act within eight months from the data hereof <br />(written statement of any of ff Of the Department of Housing and <br />Urban Development or authorized agent of the Secretary of Housing <br />and urban Development dated subsequent to the eight months' time <br />from the date of this instrument, dednkmg to insure said note and <br />this mortgage. Ming dserned conclusive proof of such inWgibifity), <br />the lender or holder of the note nay, at its option. declare all sums <br />secured hereby kweadistsly due and payable. Notwithstanding the <br />foregoing. this option may not be simcised by the lender or the <br />holder of the note when the kw ftbirty for insurance under the <br />National Housing Act Is due to the Lender's lailtse to ramil the <br />naAgsga insurance prwnixn to the Depwtrnent of Housing and <br />Urban Development; <br />13. That B the Borrower fats to make any payments of money <br />when the same beawne due, or isib to conform to and compy with <br />any of the corKWasTs or agreements contained in this instrument. of <br />ft note which k statures, then the mills principal sum and rrerIved <br />interest shall at once become due and payable, at the e"Orf of the <br />lender. <br />Upon receipt of payment of the price bid. Trustee shd delver to <br />the purchaser Tructae y deed convayirg the Property. The recitals in <br />the Trustee's dead shall be prime facie evidence of the truth of the <br />statements made Unexeirn. Trustee shat apply the proceeds of the safe <br />in the fotowinq order. (a) to all expenses of the sate, including, but <br />Wi fruited to, Trustee's fees as permi <br />