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<br /> .- �� ti)All or part ai�t�Praperty,ar a bceoAciu!intcreat 1►t n tn�t o�vning all ar pun uP tho Propeny�is ai�ld
<br />._'=��_ or othonvi�e tranafcrrrd(e�11�tu thaa by�4evlse or dcsct:nq,wnd
<br /> •.�� (il�Thn Frv�any ia not occupfcd by t�o purchc�iar or aruntee as hin ar her principnl rc3tdcnco, ar�he
<br /> purch�er or grontco davs su occ��py tho Property but his ur her c�rdit hae not hcen nppravcd ia
<br />-�-�� nccordunco with the req�4l�ements atth�Seccetary.
<br />�•�� � (e)No Wpivr.r.if circumstunces occur thnt wnuld permlt Ltnder ta cequiro immed!ata pnyment in Q�II,but
<br /> --«�� l.cnder ducs not rcqulre such paymcnts,t.endcr does not wniva I�s rightA with r�sp�ct to eubsvqu�nt eventA.
<br /> _��� (d) Rcga�tatipav of HUU&ecretAry. In mtu�y cfrcwnstances rcaulaHona issued by tho Secmtnry wip IimU
<br /> � �. l.cnder's rights, in th�ct►�e oY pnymcnt defaults.ta requlrc lmmrilint�payment in fldl nnd fareclosu if nat
<br /> pnld. Thie Securiry Instrumcnt daes not nuthurize uccelemtion or foreclosuro iP not permittcd by rcgulndons
<br />_;;ti af tho Stcrctory.
<br /> (o)Mo�age Not liisue�ed. Bottawer ugceea thnt If this 5ecurity Insttument and tho Noto arc aot dctormined
<br />�':� to bc eligible for insuranco undcr�he Nationul Housing Act within 60 days from the date herrc►f. Lend�r
<br /> _y may. at ita option� cequire imraedinte payment in Nll af ult ewns secured by thia Securiry [�aszn��ment. A
<br /> y4t�'� written etatement of nny cuuthorized aAent of the Sec�etary dated subsequent to 60 days from tho date h:►�of,
<br />:,�:�� dotliNng to insure thty Sz�cudty Instrument nnd the IVote, shall bo deeraai ronclusive proof o� such
<br /> -���� iaoligibility. Notwithauutding tho fongoing. tJ�18 opilon mAyr not be excrcised by Lender when the
<br /> - ° unovnVlabiliry of insuraaoo ie solely dua ta Lender's failurc ta remit n mortgogo insurnnoo premium to the
<br /> — Secreu►ry.
<br /> — 10� ReiruWtanent. 8orra�ver has u dght tp be reinsu►ted iP l.eader Ans rcyuircd i�vnediaw payment in tlill
<br /> hecau�a of Horcower's failure to pay an nmount due uader the Not�dr this�ecurity lnstrun�ent. 79�ia right appliea
<br />- evcn aRer forxlosurc proceedinge are insdtutod. �'a ceinstate tha Secudcy Inst�ument. �virower sh�11 tender in a
<br /> -- iump sum WI amounta rcquical to bring Bomnwer's aecc�unt cuneat iaelusiing, td tha exteat ttiey c�re obligutians of
<br />� 8orrnwor undc�thie Securlty lastrument,foteclosura costa and m.asonablo und customary attorneys' fc��ad expcnses
<br />_ .-�,� Pmpedy assoeiated with�he foreclosuto prooeedlnII. Upon reiastatement by Borr�,�rs.n2�cs Security Tt�atrument and
<br /> = the obrigaHoru that it secures shoil c�ma3n in effect as If lxnder had not rec�uire�l iwaasedlate DaYment ln iWl.
<br /> However. Lender ia noi requlmd [o permit reinstatcmeAt tf: (i) 1.endcr has accr�:�1 reinataterr.et►t aftor the
<br /> oommenoement of�uareclosure proocedings w�l?�ra two yeurA iaunocllately pmccding tha commencem�:of o currcnt
<br /> foroclosure pmceetli�g, (ii) rein.atatement wn�l �cludo foreclosure on differewt �eounds in the tPo»:ure. or (iii)
<br /> relastatc�nent will adversely aftect the prioriry of the lien created by this Secudry instrament.
<br /> 11. Borrower Na!Rdcase��; Forbearwuc By Lenok��Not a Waiver. Rateaslan�f tho timo of payment or. ,
<br /> modification of amortizatton of t�se sumv securcd by thia Sr.curi.y Wsuvment granted by Lxnder to msy sucoessor in
<br /> • id[![ESt OL BOftOWCt 8�18�1 Aa1 vpe[uzo tv nteaae iaa iia5�iiy vf'si�v��ia�i S3:i8�."�i i3t�3ii���'S �� 3si
<br /> inurest. Lender sha11 nat be teyuired to oommeace proccediags against a�;,�c aucassor in intemst or rott�se to eatend
<br /> cime for payment or othenvise modifjr omonization of tho aums secured L�y ttds Security Insuununt by reason oi any
<br /> demand mado by tha orlginal Burr.�wer or Borrower's successore in intcrest.My forbcaranco by l.eader in cxercising
<br /> �u►y right or remedy ahall not bo a wniver of or preclucle the oxercise of any�Ight or cemedy.
<br /> !Z. Successore and Asslgas Bound;Jc+L�al and Sevee�l l.lAbittty;CaSlgnerx.Tho oovenantx nnd agraments
<br /> � of thia Securlry lnsuumcat sbali bind aad bec�e�n the suocessors aiest a5signs of Lender and 8orrower,aubject to tho
<br /> provislong of pt�raRraph 9(b). Sorrowor's eo���3ants and agramenta shall bo joim and several. Any Horrower wha
<br /> casigna this Socudry Instcument but does noi executa the Noto: (a) ie co-signing thts Saxurity iusttument only to
<br /> mortgago�grant and convey that Borrower's intorest in thc�mperty undor thc tenns s��F tlai9 5ecurity[nstcument;(b)
<br /> ie aol personally obligateA to pay tho sums secured by this Security Insuument; and(r�.ngtecs that Lende.r and any
<br /> othsr Borrower�1y�lgree ta oxtend. madify. forbear or make any a�com�ao:iatinna wit2�ngard to the terms of thia
<br /> Securlty Inscniment pr d►8 Note without that Borrowe.r's consent.
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