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<br /> � t�t'�i+�to in p�agr�ph�.or chahge the amaunt of such paymaus.Ai►Y excxss prucceds ov�r an amamt r@qait+ed w�Y ail
<br /> � - - "��i�nder tbe l�tate sud t6is Securitjt h�st�mnmt shallbe�aid to the entity Iegatly�titted tt�eto. _
<br /> . , , . t , �� `�
<br /> , . < 8.Fe�§.L.�der may aollect fees and c6�rges at►Worizod 6y due Secr�ry �, , , ' � . .
<br /> _ �_ , 9.�,sa�fa�Aoodera�on of Debt• . - � .. < _ . ` .- < _ .. : . .. -
<br /> ta)Ddauh.L�ender may.e�coept-as liagted by regnlations issaed by.the Sec�eta�Y in the case of paymait defaults. .
<br /> •requi�e i�ed�ate�meat in fuli`of.all sw�u secut+ed•by this SeWrity lnsttumeat i� -
<br /> ._ � . (i)Bo�rea��dtfautfs by failing w pay in fqll�tY�Y PaY��bY��n�Y��or to or
<br /> � ` on tbe due date of iLe next motuhlY paymant,°r
<br /> - ' C)Borm�er defautts!ry fa�ing, far a perial of tlarty.d'ays, w perPorm amy a�ihar obGgat�s o�in this - .
<br /> Seattitg ta�wnent- �
<br /> tb)Ssle Wittiond Crsd�t Appraval. Ixnder sT�atl,if Pe�mitted by applicable law sud witb tIx prior apprnval of the .
<br /> Secntary,mluue imro�iaze PaY�in full of all swns secured by this Secarity Insuum�nt i� .
<br /> �: - � (i)All or pait af the Pnupeny.or a beneficial interest ia a uost owning a1I or part of tde Property, is soW or .
<br />_ odxTwise�(other tban by devisc or desoem)by the Borrawer,aad � �
<br />--_- �i) 'C��c PmpertY is not opcupied by d�t purchasa or graatee as his as her pm�cipal resitienoe, or tbe
<br /> � pttrchaser or grantee dnes so oca�py tbe Property but his or her ctedit has not 6�een appmved i»apcordanGe wid�the
<br /> __ � 'requi�us of the Seerdary.. . � . .
<br /> te)No Waivd:If circu�tances occ�u that woul�permit,Lender to nequir�e immadiate p�syment ia full,but Laader does
<br /> F ���s�h�ixnder das rtot�vaive its rights�with•cespeet w_sa6s�eveAts. . . . , ..-- -
<br />. � , .
<br />.. - td) xe�atbng of HW 5ecretary. In many circumstances regulations iswed by the SecnetarY will limit L�ader's
<br /> • rights in the case of payment defautts w requice immediate paymen!in full ard fore�l�e iF mt paid.This Secvrlty .
<br /> . ' Inswp�ent does�t authorize acceteration en foreclosure if not permiued by regu�atians of the Secretary. .
<br />' � (e)Mortgpge Not L�su�sd.Barrower agrees that should this 5ecurtty Instnuneirt and die Note sewred tberebY�ot ba
<br /> eligible for ias�irance under the Natiwrel Housing Act within 60 days from the date here�f.Lender maY.at its optlon
<br /> �.. -:�,��. aad notwith.9tanding anythinB m P�S�Ph 9. recMre immediate payment ia fuli of all swt�secut�ed by this SecuritY .
<br /> in�t.A written statement of any authorized agent of the Seccetary dated subsoquent w 6U days fcom.the date ____
<br /> . � .,� . hereof.declining w insure this Securiry Instrument and the Note secured tlzereby.shail be d�emed conclusive pmaf nf
<br /> '� � ;�����'`'y`�� such ineli 'bili Notwithstandin ehe fo oin this o tion may not be eaercised by L,ender when the umvailability =__ _
<br /> ' u,.� S� tY• 8 reS S• P �-
<br /> '�-:-�;'_=°-=�� --
<br /> •r'x';- � :. af incnranae is solely due to l.ender s failure to remit a mortgage insurance premium to the Seceetary • �— —�--
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<br /> ��"�"' ,` 10.Reh�taternent.Bo*rower has a right to be rcinstated if lx�er has required immediate payment in fuli b�ue of �,'-=-''��`
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<br />_; �4; •�� "�,� �'' Borrower's failnre to pay an amaunt due under the Notc or this Security ln+uuri�ent. This right applics even after foreclosure --.,,,;y;.
<br />—�� a.;�:;,�, p�oceedings are iauitutod.To teinstate the Security Ias�trument.Barrawet shall tender in a lump sum all amoun�g required to �'�'�'"'"
<br />? ' � *' � =" '�°' bring Borrower`s accaunt curnnt includin�. ta the extent thcy are obligations af Banawer under this Security Instrument, �;�r:>=-=_
<br /> ��-t:. • _
<br />- :Y�:•:_ } , fareciosure cous and rea5anable sutd custamary attamey.c' fee` arai expenu� 'pn�perly ac�aeiated with the farectosure . . .
<br /> ' ' =���`!'�"' ' � procooding.Upon reinsiatcmcnt by &+rrmver.thic Security In�iniment und the i�hligatioas ihat it scrures r�hsill remain in effect , .
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<br />__ - •• a+if Le�tder had not reyuired immediate paymcm in fu11.Howc�cr,lxnder i�nrn rcquired ta pennit reinstatemeat if:ti)Lender
<br /> -. � :,,;,�°R has aecepted rein.statement after thc commencemem ui fi�reclawre pracecdingti within nvo yean immediately preceding the ,
<br /> ,: �
<br /> - �:c3�:`_-` c��nt of a currem fnrcct��sure pr�xcaling. (ii) rein�tatcmcnt witi pr��ciude forrct�nurc rm different grounds in the
<br /> ���.� � ' futurc.ar(iii)rcinst�temc�p will advcrticly affect thc priority oi the lien rrcated hy�hi.Sccurity In.uroment. � �
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<br /> " � " '• •4�" 11.Bor�nwer Not Reteased:Forbe�e�nce By l.ender hm a Nairer.�xten�ian ui tho timc af p:►yment or madification af ,
<br /> ��`" -':�{'�,'r�.� amartir.ation of the sums secuied tsy this Security Instrument gramed by Lender tc►aay+ucce�.u+r in interest of 9orrower shall -
<br /> -_- '• '� nal aperate to relea.se the liability of the nriginal Bonawer or Bonower's succesw�r in intere�t.L.ender shall not be rcquired�tn _:_
<br />` ���� '� ' rnmmence proceedings against atry succcw.uir in intere�t ar refu.re to extend time for payment or Utherwise modify amartization ,
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<br /> �. ��,.^�r ;. � of the sums secured by tbis 5erurity instrument by rrs,an c+f any dcmami m:ulc by the ariginal 8orrower or Borrower's �
<br /> �,�::�='��_:�� suceessors in interest. Any forbrarance by I.ender in exercising any right or rcmedy shull nut be a waiver of ar preclude the
<br /> '�;ti� ��, exercise of any right or remody. . -
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