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<br /> :-�f� (i)All or pan of the Praperty,or a bsx�cinl intenst ia u m�st owning ait or psut of thc Progerty.ia sold
<br /> :;c.�:;���yg� or othe�wl;.�uansferted(atpter t�rn�+yAPVlas or de�cent),ond ,__
<br /> --;,,�;�_� (li)The propertp is rca t a c c up i�d by @ e p u r c h e s er or grantee as Ws or ker priacipal�residence. or the
<br /> :��=��,� pur�Gtiser or gmntee does so occupy�e Pmgerty but his or her credit has not beea approved in
<br /> '- -- accordanx wlth the requiremeuts of t5e Secretary.
<br />�� (c)1lTo W�iver.If cfrcumsuiaces oc�ur tEat would pem�it Lender to require innnaediate PaYment�n 4blt.but
<br /> l.eader does nat r�quire aueb paymemta. Lercder daes aot vmive fta rlghta with r�pect co subsequent events.
<br /> •_'"T`''��-� (�E3cgud�ttam9 ai�JD Seca+e��+.in many circvmatances t�egWations iusuod by the Secretary wUl limit .
<br /> �`-�-...�`�� I�ender's dghta.in the case of payment d�faulta.ro requii+e immed�ate payrnent in full and foreciosc if not
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<br /> =--__--- paid. 7bi�Secutity Insuument dces aot auttrArize aooeleration or foreclosure if unt permitted by reguladons
<br /> ��.p`..-"�' af the Socretary.
<br />---- -- (e)lbiort�ge P1ot L�se�red.Boirower agroes thas if this S�ecudty Inatmment anQ the Note are aot determinod
<br /> -- - to be eligible for insurauce under the Nat[anal Housing Act wlthin 60 dAya from the dnte heroof. Leader .
<br /> ---- may. at its aptton. cc4uir�immediate Pa�an in full of all sums secund by thia Secnrlty Inswarent. A
<br /> -_-.y
<br /> - vrriteea staument of any authorizal agent o�tDe 5�ct�tazy dauxl oul�equ�t to f:0 days from tRe c�Ate t�cr�n, . .
<br /> --- - declining to i�ue tbis SaurIty Inscn�nt aad the Note. shall be deemed wnclusive proof of a�uh
<br /> w=;�..� ineli�ibllity. NotwFthstanding t�e foregolag� this epdon may not be exerclscd by Leuder when the
<br /> -- unavailabil3ry of insurance is solely due to Ixuder's faiture to reiait a mortgage insurance premium to the
<br /> �' im�iate Qayment tn full
<br /> ------ 10. lteinstat�en� Borrower has a right ro be reinstated if Leader has required
<br /> bxaus�s of Borrower's fallure to pay an aiaount d�e undsr the Note or this Security Insaum�nt.'17ds s�ght appltes
<br /> — evtA�fcer foralosure pmoeedings are fast�tuted.To reinswte the SxuritY Insaument. Bomm�v�r shall tender ia a
<br /> : lump sum a1Q amounts rcqnited to briug Borrowe�s acoouat cutrent iatludiag.to the excent�hey arc obligattons of
<br /> . �� Borrower nada this Se�uiitY Instnunent�fo:+a1� casts and reasonable and cnstomaty aaomeys'fas aud expenses
<br /> ,:� properly s�sociued wlth the foreclosure p�eedl�B_ Upon reinstatement by Bornawer,this SESUrIty in.snumeat aad
<br /> the obiigaavn.:ii�ia's it s�tw s3r.11 r.,m�ia� tff�t�if���t mu reguired lmmeciiute D�vment in fqll. ,
<br /> -- - How�ver, Lender is not nquind to permit ieiastatemEnt �f Qd) LEader bas aocepud �t aRcr the
<br /> `.,��� oommenoement of foreclosure pmce�in8a wlthin tc�a years immedfatelY Preadirtg the oommeuoemeat of a wnoent
<br /> - : ' fora�dosure pma�odiq�► (ii) � a�l proclude foreclos�re on di�'erent gtounds in the future. or (iSi)
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<br /> _-= _ , �instaua�.at ai11 adversely affcst the priorlty of t� lien c�eated by this 5ecurlty I�str�mea� , .,,
<br /> ��%: 11. Bn�sower I�iot R�leASedi Fo�fiea�ntx B�I.ffide�Nai �R►tete�. B�ctension of th8.daie of ptrymeut or ;.; '
<br /> , : modiScation bi a�o�ortizaoton of the svm4 sc�ut+ed by this Sxuiity Insuument granud by Len�icr ta aay suocessor in '. ��!'
<br /> interest of Bonov�+er shall eot operate to relca5s the liability of the orig[nal Boimvrer or Hasrower's suooessor in
<br /> _ '..�intenst. I.en�er r�ali aot be rt�uind¢o wmme�x pmceodings ag.tinst any su�cxssor in inte�ast or nfuse to extend
<br /> � ttme for prymeat or otherwLse modifY amorti�ation oi the sums securEd by this Sacutity Iassn�rasnt by tseason of any
<br /> deman+t m�de 6y the or�gfnal Bornnwer or�oa+e�wer's s¢cassots in intenst.Any folbearanae bY Lende�'in exercising
<br /> t�:;� any right or nnmeedy etiall not be a waiver of or pixlude tho exer+cise of a�►right or remedy.
<br /> ' 12. Suaes,gois and Asst�Boundi�oinE aksl Several Liability:Co+SYEner�.'Phe ouveamts anci r�eemeata
<br /> '; � �af this Se�utfty Insuumeat shal!bind and beaeSt ttc�suooessors and assigns of E�eader aad Bonawa.snbject co tbe
<br /> •'�+>'provIsions og paragraph 9N). Bmmwsr's movcnm�an�A�agzoement�shall be jolnt a�d several.Any Borrower who
<br /> — eo�sigas tD�s Sx�riry T�t but does net aacute the Nou: (�is oo-signia8 this SeCudty Inatrt�ment oaly w
<br /> a w-----.a-' - - s.�L.n.�..ewv nwAr�h►br�eu Af th{A.t'e�]!'tQY inst�Ummt:N)
<br /> InOI��,B,$C.{�SBU[Au4 oOmC�iudi IIvat�swct a usw.o�,�..r.....�..»y
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<br /> other Borrowa may agtee to extead,modiijr�fm�bear or m�aay axommodations witl►regard o�the terms of tLis
<br /> ��-"� Sectuit�r Inst=umeat or the Nota wIthout that Borroa►er's conse.a�
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