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<br /> ` �CffC![�Dd i0'1o<EfM�i�l�,�C�IY�i�l+�1011tlt qf SOCb plJ�IIlQlt4-�Aj�lZ�S�OQO�S fiYCT iD A0101I�fEQfIl10d t0�►i�.
<br /> � ' CI�i1161�fEdt1CSS i11�Ef t�C H0�4�iblS�l411ilty��4UIG�S�li�)�7C�t0 tTIC CfUlt�l�Cgi��E�tltlCd tbi[d0. . �
<br /> � . . ,, �FasM Leacler may ooUea Tees smd cLarges,antLorined bY��9• , � � ' � . '
<br /> � - , ; < <
<br /> , ' '�Civ�l�for Aro�aatio4 d 1k6t• � . • . , . � �
<br /> `, - ta)Ddsdt.Lmder�maY•ezapt as,Gmiced tiy���t!���Y m, f payment defaults, _
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<br /> ' tbe ca�o
<br /> -- ° ` . aoquiie Immediatepaymdn in futt of atI sums sec.vr�l!ry dds ' I�tn�eat�� , 4 . .
<br /> ° � (i)Bo�sawa de6uks by faAing fo pay in fittl anY�nth�Y PaY���rod h�y dris 5owrity Iasuuaf,d�t p�or w wr
<br /> �_ - . , ° on tbe�ne date of t�e aext a�oiuhlY PaYmmt•°l ` ' ' � . ` . � ` , ,
<br /> -- (ir�Hornn�ner ddanits by failing, for�a period uf tUittg il�ys. w perform any atdes obiigations��ed in tlus
<br /> Secvrity i�utt�t. � , " • ' , . . .
<br /> _�� (b)Sde Wit6out Credit.Appovsl. [,aider shatl,if Permitted NY apPl'icabte law aad with the prior appmval of d�e .
<br /> • , < < Secnetaty,teqitire immo�paytnent in full of aD s�uas sect�tnd by this Securiry Inmw�nt if• .
<br />��t - C) Afl ar �g P� ��1'• is sold ar • --
<br /> - part qf tl�e Piopaty.,or a beneficial im�st in a t[ust o aU or of tlre
<br /> - -_= � otherwise t�sfat+ed(ntber th�n by devise or desoe�ul bY t6e B o r mwer.a n d .
<br /> =:.• Cu) �,�Y ��� �Pi� bY � P� ot grantee as his or her prinripal nsidence. or tbe v
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<br /> -- � . parchaser ar gtantae does so oa�vpy t6e Propeny but 6is an c�.v crecrt 1�as uot been appmved in aoco�with t6e ----
<br /> _�=� _ ` tequirements,of the Sociefary. - - . , . � -_-
<br /> - �
<br /> - F (c)No Wa[va If cinumstances ac�vr tt�at�vould permit t.aWer to Y+eqaine inm�ediate payumt in fuil.bat L�endcr�as °_
<br />- uot.�uire such payments.Lendcr does not waive its rights with respect w subsequent events, . � ----=
<br />__ •� . , ��:`
<br /> _ , �"'�y ::;, _ _ (d)Rega�ti�o!HUU Secraary. M many cinaur�s n�latioru isgued by the Secretaiy wAl iimit T�cadei s" � _
<br /> � z;.;_'=:.; .:_ rights in the case of payment defaults to requir�e immecliate payment in full atd forectose if rwt paid. This Security „_ ,�
<br /> .d--`� . -- _
<br /> - - .. Ia�r�ent does not authorize aoceleration or foneclasure if rat pennttted by regulations of the Seccetary. �'�_
<br /> :,�;;y: :-° `;,' . . :'::.-
<br /> _� .�•:�-��, . `��.�ry;•-. • ° ' -
<br /> _ "-_�. . . � (e)MatB�e Not Ias�red.Borrower agrees that shauld[his Security Instrument and[he Note secured thereby not be ;� -�-s''.--
<br />_ ��'�;Y"s�:_ �;,_�;
<br /> ' ;',"•- �;;:v'� eligible fpr insnrar�under the Nationa!Hausing A�within 6Q days from the date i�ereof.L.ender may.at iu option " � _.�
<br />.""ti ,,•� ��r.- �T
<br /> � and notwithstanding anything in paragraph 9. i'equire im�nediate paYment in full of all swns se�umd by this 5acurity �,..!
<br /> ` � � �:�, : .:.:t ��;
<br />-- .�r:�•.::w lastrument. A written statement of any autlwrized agent of the�ecretary dated sub�equent w 60 days fram the date - -
<br /> ;.�_.:,;,�:., heceof,declining to insuirc this Security lnstrument and the Nate secured thereby.shall be deea�od rnnctusive proof of . � -�`�'-
<br /> -- .� -=-`.�" .. such ineligibiliry.Notwithstanding the faregoing.tfiis aprion may nat be exercisvd�by 1.c�ter when ehe ar�availability -��,�.��
<br /> _ �..__. , _
<br /> af insurance is solcly due to lxnder's failure to rcmit a mortgage insurance premium to the Secr�etary. ' _
<br /> " ,' �..., • ..
<br /> : " - 10. ReiaStotement. Borrower has a right ta be reinstated if L,ender has rcquired imcnediate payment in full because of
<br /> __.�,�.:.,?.`'. ' -.�_;::.; Borrower's failusc to pay an amauat due under the Nate or this Security Instrument. This right applies even after foreclosure ;
<br /> _� n'��'��:. .. •;^��X proceeAings are instiwted. To reinstate the Security lact�nt,Barrawer shail tender in a lump sum all amourns required to � ,, �' .�:
<br /> _ '"���" ; •='�'�,' briag Borrower's a000unt current inctuding, to the extent thcy sue obligations of Borrower u�ler this Socurity la5qnment. -
<br /> ,;��:�.:z.. _�. ;' .
<br /> ��� :r;;-.`-•�..`,-:" . '`" foreclosure wsts atd reasonable and Cp.1�AR13fy AIlOTI1C�S Cees aad expences property assaciatod with the forertowre
<br /> - - . proceedirtg. Upon reinstatemerit by 8armwer.this Security instrument and thc obligations thai it sccures shall remain in effect __ .
<br />�,�_ ,_. ` �:, � ,; as if Ixnder had not reqaired ima+ediate payment in full.However.L.endcr i�not rcquirod ta permit rei�ement if:(i)I.ender :
<br /> - . , has acceptod reinstatement after the cammenr.ement pf fareclosure prc�ceedings within twa years immodiately prooeding the ���'�. ,
<br /> . . � �• commencement ot'a current forec:losure praceading. (ii) rein�tatement wiU precludo tbreclawre an different g�ounds in the ; - . ;�
<br />-- • '=="'-'� ' ' • future.or(iii)reinstatement wiQ adverscly attGrt the priarity of thc licn crqtc�d by this 5erurity insttument. ' �° :�_
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<br />- _.. -'� " 11.Boermeer Nat Released;Fosbearat�ce By l.ender Not a Wai�er.Exte�sion of the time ai payment or modification af .___,_ ;
<br /> ;� .�,� . `j amc�rtizatian ai thc sums sccur�by this 3ecurity lnstrument grantod hy l.ender to uny succetisar in interest of 8orrower shall �!.
<br />_ �y':f'•._, not aperate ta release the liability of the original Bnrrower ar Bc�nower!+succetisor in interest. l.ender shbll not be required to • ;•
<br />., � y r, .• . commence proceeclings again�t any sucues.wr in intcrest ar rcfasc to exttnd timc for paymem ur othcrwisc madify amartixutian �
<br />��: �:'-� �• . . ` - - --;� of the sums secured by th�s Sccurity Intitrumcnt by rrau+n of any'dcmand madc by the originai &m�owcr or Honower's - �- � ----
<br /> - �':- . "' . ' succeswrd in interest. Atty forb�u�ance by l.ender in excrcising:ury ri�;ht ��r rcmcdy .hall not bc a waiver of or preclude the _ . _ _.
<br />- � ' „ exerci.ge ai aay right or remedy. ' • � - . .
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