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<br /> "' (i}All or parc of the P�opzrty,or a btuQ&sial intetest in a uust oiYniag all or part of the Property, is sold 5_:
<br /> � or oth�nvise cransferred(other than by devise or descent), aad
<br /> (ii)'t'�e Fmgerty is aot osc�rpied by the purehaser or�antee as his or I�er priasipal reside�► mved�in ` �
<br /> � _ purchaser or grantee doas so otxupy the Prap$rcY but his or her cmdit has not DEen app '�
<br /> � aocordaace with the requirem:nu of che�ecretary. ```-
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<br /> ' . ,�--- ` (c)I+Io Waiver. If ci�umstanses accur that would parmit Lender to requice i�mediste Qaymxnc ia fi�11,but _�;.
<br /> :^`�'= - I.eader does not r�uire suc8 paymEnu,Lender dnES aot w�ive its rights with res�ect to sub�equcut events. -
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<br /> '.� .. (� Regulations of HYJdD Sssr�arY• In taany circumstances tegulations issued by We SQCretary wiil fimit �.r.-
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<br /> , ; LeaBer's rights, in the case of payment dafault�.co requue immediate paym�t in fa11 aad foreclose if aot �-
<br /> , _ � p�a,This Secur�ry InmvmEat doas not autharize zcceleration or fareclosuie if not permitted by regvlat�uns -.
<br /> . � of the Secretary. _
<br /> ' t�2��,:rSgage Noi Ynsured.�orrower agcees thaz if t6is Sec�arity Iosuumeat aud the Note are not determin�d --
<br /> > �' u.r�eli�'ble for in�„�+ce uader[he Nation�l Housing Act within 6U days from the date heieof. Leader °
<br /> ` ��e zc its og�ca require immQdia:e payment in full of all sums secured by this Seruriry Insuum�.nt. A __
<br /> , ` .� written state�.�c�.�.`�aay authorized ageat of the S�cretary dzzed subsequeat to 69 days from the date heceof.
<br /> ' • . �, decliaing to �� this ��Yy �nstru��t and the Note, shall lss deem�d c�onclusiv�e praof af�uch _
<br /> ''• • ineligibiliry. Natwithstandiug �� foregoing, this aptiaa may aot be exe 'rc�ed by 1.eader w�te� the
<br /> � `� un���_a.�ability of insuraace is�s£p�y due co Leader's fal� .o remit a raortgage iasurduce premium to the
<br /> , ' ; ,�. . ��� fmmrdiate 8 III� _
<br /> 1�. L'+�statement. Borrawer has a right to be reinsta2ed if Lxnder has required " P Y�t �
<br /> - - ---*' .� '�zrause;f 3�riower's falure to pay aa amount due uader the Note or this Sec�riry Instrumen�This right appiies
<br /> i ev�a.t't�.•t�s�losute proceedin$s are instituted. To reinstat� the Serurity Insaument, Barmwer shall teader in a
<br /> . ' �ump�m:�ii amowits required w bring Boirower's account c�um.�: antluding,to th�e�ctent they are obligazions of
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<br /> gfl�wcr u�a�r this gecuiiry Insuument,foreclosure cosu and r��c�able and sustomary attomeys'fees aIId expenses .
<br /> •"._'`�: �.� erl assctiated w:�.t�e foreclositt�e pmceedin$.Upon reinstatem4nt by B�rr�wer,this Security InstrumQat and
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<br /> . � �e abiigatiQns that i� ss�ues shaU remain in effect as if Lender had aut :�«:�d itatnediate gayQeeLF �full.
<br /> However, I.ender is ��; seguired to germit reinstatement if: f) Ler�ter � axeptesi reinstatement �� the
<br /> - commsnr��rt of for�:�..�u'e pmceedings witbin twa years im�:ately prec�—,...g the commencement of a cuaent
<br /> � � foreclosuce �ereceedinS. �.';� re;n�'�x"a�t aill pTerlude forecl¢:� on different grouu�s a the funue, or (iii)
<br /> �:`';,'' :' �nstazemem w�l adc.��.�afFect the priority of the lien created bl+this Securit�Lstnuaea�
<br /> :.!,`x::...�•l 11. Bormwer H¢g �1�:Fo�earunce�y Le.�dcr Not a Waiver. 1'c.�z:..sion of the time of gz�nt or
<br /> � modiflcatian of atnortization of the sums se�ured by this Se�au'iry Insm�ment(�'�bY Y.e�e�to an}+sua.�ssor ia
<br /> `'4�'.`. •..-•,: �er�sc oi�orrower shall aot ope3ate to release the liabiliry of��original Borrower or Fc�r•�wer's saocessor in
<br /> `-''.-.t�' - - � interest.L+�tder shall aot be required to commenne pcoaz�dings against any suxessor in int��:rfr e���e to extend
<br /> �.,.z e.-. �_�;
<br /> - :"=-..• c}me far payment or othe�ist modify amortizador,.c�'the soms sec�sed by chis Scwriry/n_�tr,�:+t �.s�n o any
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<br /> `;1;�. � demand made by the original Bflaower o:Borrocver's saccessois in interest.Any�forbrzraace by lxni�in act�ssising
<br /> ,,.;,;,';_�Y4� any rip,ht or remedy sha11 not be a waiver of or preclude the exerclse of aay dght or remedy.
<br /> 1Z.Snccessois aa�Asslg�B�.;u�;Joint and Several LlabiYIty;Co+Slgaeis.The oovenants aad agrexmencs
<br /> '`° ��" of this Securiry ,•ne^t shall bia�'�3 benefit the successors and assigns of Leader aafl Bocrow�er,subjECx to the
<br /> -T�W,.-ft.�� p�visions of para�aph 9{b). Boaori�:r's sovenants and agreemaar,s shall M:joint and seveial.Any Bo:rower wko
<br /> --��"="�_,v;��� co-si�ns this Serurity Insuvment but aoes aot eaecute the Note:(a)is co-signing this Securiry Instn�mea;o�iy to
<br /> -- -_ mortgage,�ani and oonvey that Borrower's interest ia the Prapen3+uader the terms of this Secudty Insuumtni: N)
<br /> -_=�:�,�: .� is nat�er��-�y obl3�aze�to pay the��ms sECUred by this�ecur_ty Instrumen�and(c)aSrces that Leader and any
<br /> =`.-��';-�'i ot�er�unrfR;�may agxee to extead<«:dify,forbear or malce ss�:.accommodations with regard to the ter�s of thia
<br /> M�-�� Secnrity!!�a:.'ument or the Note witho�:thas Borrovuer's consent. �
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