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<br /> , ,�J t�'�. �r C'p,�i
<br /> .or a beneficial iriterest 4n a irust owning u!1 or part of rhe 8ropertri ig sold �.:.p„_'
<br /> (i) Ail or parc of the PropertY devtse or descent).and ,..
<br /> or otherwise uansfcrred(otA�r thaa bY�e purchaser or gtantee as bis or her principal residence. or the �',�H
<br /> n �$ n0�°�up��by the property but hia or her credit has not been approved tn • ---�_
<br /> � „�.�N-sa'; (ii) 'Ihe Prope Y ..:,;_._:-.
<br /> •� purchaser or grantee doe:� sn oc.cupy -�_v:.
<br /> i accordance with the requirementa of the Secretary• ,a.
<br /> " c AIo Wdver.If circumstances occut that would P n�waivei ts dghts with ri e�spe�ct ro subsequent eveats.ut ---�`-
<br /> �� t O enta.Leader does wiU ltmit �--
<br /> � Leader dues not require such paym ��__
<br /> ulattons of HUD Secre4ary In n►az►Y citcumstauces=egulations issued by ttte Secretary
<br />` ' ' �d� R� ent defaults,to require���a�pa�nt In full and foreclose ff not '�;
<br /> ' � Lcmder's dghte.in the case of paym ladons �;�-
<br /> p�d. .�a��uity Instruntent does aat authortze acceleration or foreclosure if not permitted bY �8u .�
<br /> of the Se�reterY• ��Wer agrees that if thia Secucity Instnunent aad the Note are not detem►tued
<br /> �.� (e)Mortgege 1Vot lasuswl• N�ion�i FIousing Act within 60 days fmm the date hereof. Lender --
<br /> �, � to he eligible for insurance wid��e Iasuument. A M�
<br /> „ .. ,, may, at its option. reqaire i�►�� paY�ent in full of�11 sums secured by thJs Security -�-
<br /> " ent of the SecretnrY de��$ubsequent to 60 days fram the date hereaf,
<br /> :;,:f.,,;..�`:;. ; • written statemeat of any authoriaed l���t �d the Note, sha11 he cleemed concluaive proaf qf�uci►
<br /> �!L%1Y":
<br /> � � declinin8 to iaeure this Security not �e exercised by ➢.eadev vi►'�m the ��zi '
<br /> ,.,�`}r�� r" �' ineliQibUity. Notwfthatanding t3�e foregaia�g. this option may ____
<br /> :�. unavailabiltry of ineuraace is aol�ly due to Leader's ft+ilwe to ramit a mortgage inaurance Pr�mi►u�t° 1�e
<br /> SecretarY• uired immediate payment in flill
<br /> � ' `� to be reinstated if Lender has rec! I���t. ,�$ ��t appl�es
<br /> 10. Reimstatement. Borrower has a �1� ��ent. Borrowes eha11 tender u►a
<br /> .i;::,. ', . an amount due uuder the Note or this SecurizY —
<br /> �.h b��of porcower s fculurc to pay
<br />_.�,��°'�:+t�`�� �•; even after foreclosure proceedings are instituted. To reinstate the Secur[tY =.
<br /> to the extent they are obl3gaQons of
<br /> °' ,�� . lump sum all amounts requird to bdn��orcower's account curcent including, attorneys'fxs and eapenses
<br />_,_:�.,;.<;' � t f�r?�losure coste and reasoaable and customarY o . rnsuument aad
<br /> c�::. . . � � Borrower uader wis�ecucity i.-tstrusr.en• in U on ceinstetement by 8o�ruwer.th�o S�.�1!y ,
<br /> properly associated wta►the foreclosure proceed 8• P tst in ti�ll.
<br /> . ted rcinsmtement atter the
<br />= the obligatians thac itppeeures i��to permitt einatut ment ifnd()��dert has�acceP��ate payme
<br /> ' However. L�ender is �i �unediately precedln8 the CO���t of e curnnt
<br />°�+•��;. �� - rommeacrmcmt of foreclosure praccediA88 Within two yesus
<br />;����� � foiectosttre pt�oc�d�S� �i�� �iAB�t�ent wtll preciude foreclosure on different gcounds in the t�itur�r� os (
<br />:Y�•.�°•w:%�`, reinetatement witl advetsely uffoct tt�e priorlty of the lt���Not Q WA�er.tExene�of the ttm� of payment or
<br />_.,- ... 4�� ft. 9errowrcr Not Rcle�li Forbrarance By Insteu�nent grnnted by d.ender co nny eucaassor in
<br />'�°�`."' ' modiffcatton of amortization of the swns secured by thla Secueiry
<br /> �',...`. ." iaterest of Bon�ower shall aot operatc td relense the linbyltt�y s e ��t�y s ��re���nOO�'���exund
<br />?f;�.���. � uimd to commence proceed S B
<br /> ..,, , � interest.Lender ehail not be req rtiu�cion of�he su�s secured by thta S�curiry Instcument by reasun of eay
<br />�`��---;;",-=�'' tima for payment or othcnwise modify uato
<br /> _�-.�-=c`°�• demi+and made by the or�Biaal Borcower or Borrowcr's sucecssors in inter�st.An`o�cemed �by Lendar ln exereisln8
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<br />'1'`'"�°�"'�� d t or remedY shuil aot be a waiver of or preclude th6 eserclse of aa���.,�e�ve�nts a�d agreemeats
<br />•;r,:Y[4��;::�� �y 1�2.Suoc�sors and AssiBas Baundi Jolnt aad Stveral L1abiAityi
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<br /> ='�`'"°.�. Insuument shall bind and benefit the successora t+nd ass�S�g of Lender ead Sorrower,aubJxt to e
<br />�:'�`rk: of this SecwhY . ts shall be joiat nad several.Aay Bornv�er who
<br /> ,_ •�, b 9(b)• Borrower s oovenants und ag�n �5ecuritY(ast�nt only to
<br />�,,,.,,,,,�,���,;:, provisio�of para� �,,�unentc lb)
<br /> . casigns thls Securlty in.gtcumeat but dces�not execute the Note: (a)under cUe tem�s of this Secudty
<br /> "''r *�' mortga, 8rant and oonvey that Borrower a interest�this S�ecudtl►Instnunen�:and(c)a8rees thai Lender and eny
<br />�.M:�T.- ��e�r e' a tha swns se�ured by
<br /> ==_�=�-?i=��� is not personally obligated ta exten�.modify.fo:bear or�1'ce any rxoommodationv wit�aeIIard to the temos of tl��
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<br /> yrn?�=i:+�-i�,`i"`" ���yr lnsuutne�t ue tlte Notc wlthout thet Borno�vtt's consrut.
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