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Y 90-106771 9. Groaada for Accelentboa of Debt - (a) Defaah. Lender may, except as limited by regulations issued by the Secretary In the case of payment defaults, require immediate payment in full of an sums secured by this Security instrument if: (i) Borrower defaults by failing to pay in full any monthly paymetlt required by this Security Instrument prior to or on the due date of the next monthly payment, or (ii) Borrower defaults by failing, for a period of thirty days, to perform any other obligations contained in this Security instrument. (b) Salle W kbout Credit Approve). Lender shall. if permitted by applicable law and with the prior approval of the Secretary, require imatdiase payment in frill of all the $1, secumd by this Security Instrument If (i) All or part of the Property is otherwise ttaasfemed (other than by devise or descent) by the Bormwer, and (ii) 'lire Property is iwt occupied by the purchaser or grantee as his or her primary or secondary residence, or rho purchaser or gnuree does so ooatpy tiro Property but his or her credit has not been approved in acoor<Wm with the requirements of the Secretary. (c) No Waiver. If circumstances occur that would permit Lender to require immediate payment In full, but Lender does not require such payments. Lender does not waive its rights with respect to subsequent event.%. (d) Rejjalatloas of HUD 8ecf-*1wY. In many circumstances regulations issued by the Secretary will ring-. Tender's rights. in the case of payment defaults, to require immediate payment in full and foreclose if not paid. r7i45a, OO! tnstrument does not authorize acceleration or foreclosure if not permitted by regulations of the Secr m.7. ln, Re(aatatsm at. Borrorcer has a right to be reinstated if Lender has required immediate payment in fud of Borrower's failure to pay an amount due under the Note or this Security Instrument. This right applies even after f — .10suro proceedings. are instituted. To reinstate the Security Instrument. Borrower shall tender in a lump sum all amounts required to bring Borterwees account current including, to the extent they are obl.gadons of Borrower under risen :security Instrument, foreclosure costs and r&wj1a& *e and customary attorney's fees and expenses properly associaectdt "uh the foreclosure proceeding. Upon reinstatement: iffy Borrower, this Security instrument and the obligations tba it se=MS-sh%J1 remain in effect as iG 1eader had not required iimr3l Ij dte payment in full. However. Lender is not required to~ jai: cr:;