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<br /> �ofenod ta in pu��ph 1�o�c1�e the�uoount of wch�y�mauo. Any eusss pooeali over�n�unount nequirod ta pqr W
<br /> autat�ndinQ indebtedt�wder 1be Nate nd t6b Saoudty Inxhomaa tTull be paid W 1bo eaWY IepUY enfiQed�d�eielo. . „ ,
<br /> Y.Rea�.l.endee qa�y aollat Wes�ad cJ�r�a wihv�toed by d�o Seaaauy. ...
<br /> 9.Gnuwi�ir AoaiN'�tiM af D�bl. �
<br /> ..'`�. _ �.... . -�'.��, t�1 �dwit. Lemkr mr�r.C�o�t�limited by rcQulallonn 1cuKd by the Secrewiy in drc c�se of p�ymdN dafanlb.
<br /> roquirc immediue p�yman in ful�of tll apns�ecurod by this Security In�truraent if: '
<br /> (i)Bornnwer defiwl�s by idlinQ to ps�y in fi�ll a�y mo�qhlY p�Ymem roquirod by�hio Socu�lry ln�pama�t prlor 10 a
<br /> on the due d�te of the neat ma�hlY PAYmen�•or �
<br /> (ii) Bamwcr dcioult�by failinQ. for a poriod oP thirty dwys.w pnrWr+r►aay a�ber oWi�tiom oor�ed�u lbi�
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<br /> - ' lbl Swle WiQ4sNt(.tisdit Appaval. I.eader slall.if pcmpttod by applit�bk law and with the print sQproY�l of IUe
<br /> Se�nta�y,r�,quior imno�iata p�ym�it in fu(!u9 sdl saams sow�od bY�hi�S�curitY 1�if:
<br /> " (i) All w p:xt of lha N�a�eny.or a b�a+..-Frjr1 intenst in�uust owaing aU a p�ut ot ihe Prope�ty, i�RnW ar .
<br /> _ ;__,�j� . othetwlse uwuPenred tatf�er th�n by dev�se�o+�deso�at)by the Barower.aad •
<br /> -_�.,.�,•.��� � (ii) 7rie Pmperty is not ottltpied bqr plhe p�ta�ch�r�er or gtantec ac his or P�er Ptincipal rakl�a�c�O� `u� the
<br /> _—�••;"=`n.=-:e purchaser or inanta does sa uoat�tbe iP�+ape[ty�i�s or her cta#it h�s aot b�ta dpproved in aoo�ldt�IC�,P�tb tb0
<br /> ..-„�;��;�j�,��°:� roquirements of the Secrdary. ' � • ' � • •
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<br />,=�.�;+{/(sr.;;,. k)No Wniver.If circumstanoe.c oecur ihat wauld pernu�uxnder to requ�re�miniediuw p•ryment�n fuif,but Ler�cdqer
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<br /> .�x,nsrr-. �tot iK wieh maces.l.ender das not waive its d with w svbceq���sc evaus.
<br />_ --_ _J►_ ►aN PaY gMs resP°ct
<br />_ �� (d)Re�alrtiww ot HUD Sec�+elary. In meny cinvma�ances regulatio� issued by the Secretary wAI Nmit Lerider's :
<br /> y ,'rights ln the�se of payment defaults to requirc immediatc paymcnt in full anQ foreclose if not p�id. Thi�Security �
<br />;�.�� •'� I��suuma�t does not aulhorize aceeleration or for�eclosur�e if rat permittad by rcgulations of thc Sec�d�ry. ,��-
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<br /> -j' -- (e)Mortg�e Not Ipwned.Bonawcr agrees that should thix Secv�ity [nstniment and the Note secured thereby not be •.:• ,
<br /> ��; ;, eligible for insuranoe undcr the Natianal Housing Act wtthin b0 days from the dote heroof,Lender may.et ita option •'
<br />-�y1��F:l;�� �.�. and notwiU�standin an thin in r b 9. f�immodiae a ment in fuii of aii sum�socu�ed b ihis S�x.�wit -
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<br />==---' ��``'�` Inst�ument. A written swtement of any nuthorized agent of the Secretary dated aubsequent to 60 dnys from the date ' •
<br /> ,,, heroof.dxlining to insurc this Security Ins��ument and the Nate secu�d thercby,shall be dxmod conclusive proof of
<br />�,, ' such ineligibility. Notwithstanding the faragoing, this option may not be exercisal by Lender when the unav�ilabiiity
<br />-:}i� • of insurance is solely due to Len�le�'s iailure ta remit a moKgagc insurance premium to the Sx�cwry. ---
<br /> ' .'i� !0.Rdnetatement.Borrower hac a right ta be neinxta�ed if I.ender has requirod immodiate payme�tt in ILII because of �~r
<br /> �.=, Borrower's f�ilurc to pay an amount due under tlic Note or thi�s 5ecudty Instn�ment. This�ight applies even attcr foreclosurc
<br />�`_;j ' M� proceedings arc instituted. Ta reinstate the Security Instrument, Borrower shull�en�ler in a lump sum all amounts requirod to R
<br /> - ��; i ;� bring Borrower's accaunt currcnt includiag, to the extent thcy ure obligatinns ui Borrower under thie Security Inctrument, �m-
<br /> foreclasurc costs a�xl reasonablc nr�d wstamary uUorneys' fee� w►d expenscs properiy assaciated with the foroclosut+e �;:.
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<br /> ' �'?_ procading.Upon reinstatement by Bamower, lhis Security Instn�ment nnd the obligatfans thut it r�ecures shall r�emein in effect ;
<br />"^',��,�,�� � as if Lender had not required imma7iate payment in full. However,Lender in not requircd io permit rcins�atement if: (i)Lenckr +'',,"
<br /> ;°��l� -� has acceptod rcins�atement aiter the commencement of foreclosure proc�edings within two years immodiately prec�diag the � �
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<br />,,',,: ;�� commencement of a currcnt foreclosure proceeding. (ii) reinstutement w�ll preclude foreclosure on different grow�de in tho �:�`
<br /> . future.or(iii)reinstatement will adversely affect�he priority of the lien created by this Serurity Instmment. `�`-;
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<br />-��;e�.:y.,-: 11.Botrower Not Released;Fo�rbearaaoe By Lender 11�ot n WAiver.Extcnsion of the time of payment or modiP�cation of
<br /> ':�:y�", � omonization of the suma secured by this Security In�trument granted by l.ender to any succeswr in interest of Bormwer shall : ,
<br /> -�� • not operete to release the liability of aFie origiiul Bonower or BoROwer's succetisor in intereu. L.e�dcr shall nol be requircd to -�•
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<br /> ,;'y � `�" mmmenc�e proceedings agalast anv successor in iaerest o��efase to eatend time for puyment ur utherwisc modify wnorti�ation !'-`_
<br /> _=��,-��„� �,��ti,�, of the sums secured by this Secuaty Instrument by reawn of any demaoad made by the original Borcower or Borrower's
<br /> �-.,��;.,.;��•, . . su��cessors in interest. Any fori+ean�rwe by L.ender in exerci�ia�e�ny righ�o�renaedy ahall eot be e waiver af or preclude the
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<br /> ,T��'�� exercise of any nght or remedy.
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