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<br /> - rerenedt a in p�rasr�pb Z.or ch.�qe��n�au�of rucb p:ymencs.�'►ay t�oa�o�ovu,ui�nouet toquired w p.�►+�! `
<br /> � �� ` o�iRdebte�etss qedef dk Nde ard d►is Security 1�s1�U be pid to the p�iht 1��Y eetitied� :`.. :
<br /> s.�ea.,Lsader ma�`cdla�faes an�f d�uges arimoc�zed b!t��Y• ' � . ` `
<br /> � , . . . � .
<br /> !.Gra�tor A�ederallo�a[aebt.� .. ' . . �
<br /> - � ` � � - ��ed(fy th� Scc�etar�c in the case of poyniait defaui�s.
<br /> • , . (s)Dda�lt. [.ender mry.except as iimited lsy regul�tions� .
<br /> rcqaice ie�edi�te pa►yment ia ful}of all w�saviod by this Socu:itY instrumenc if:
<br /> (il 8orrnwer defaults bY faiting ta pay in full any ma�thtY paY�t raNired by this Socurity TnsEn�artu prior to or
<br /> - - . an Iiie�ic tt�te o�#tic ueexi tr��ps�'mcne.at --
<br /> . (ii}Bormwec defwlts 6y.faiting, for a period oi t6ishr d�ys,to per6orm any aher obiig�,tioas coc�tsinod in�his
<br /> SeauitY insttumeot..
<br /> lb)S�Ue VYitiai Crad[t Ap�ro�al. L�mder sh�ll.if pemuued by appticaDIe law ard vvith the prior ap�naval.of the
<br /> : Sa�uy;�N�rc irtuned�te gaY►nent in fi�ll of all sttt�seciued by ttis Setatrty Iaunm�eo[i�
<br /> (il iUl or put uf t� �Y•or a 6eneficiai interest in a tntst owaing all or part af the Pmperty. is sold ar
<br /> otherwise tnosfeaed(other than by devise or dacent)6Y die BorroRer.a�d ,
<br /> (ii) 7i�e PropettY is not accupiad by the Pubut "�r or her��t Uas hnot'�been apprnvod in accondancc anth the
<br /> purc�aser or giantoc das so accupy the Firoperty , , .
<br /> �aquin�nents of tbe Sazet�+. _ . -
<br /> - (c)No Wa[vec if�tances occur th9t wwld pemriE Lead�r ca t�i+��imreediat+e p�yrrirnt in fult.6ucLender does
<br /> ._;�: � not reqaire such�ayments.I.endcr doea not vv�si.Ye a�dg7�vrii�r•nespect Cd subsequent eve�. - - .
<br />:_'.:,a•. � ,. . ., lations issued by the S4ccetary wil!.Ifmit �1�i's
<br /> � � ' (d1 Re�utaNuns ot HEJD Sea+�.. M inany�-� �
<br /> _.:.r�• rights in the case of paymem defaults tu re�e dnmediate payrnent in full and forectose if not p�id:•.'Fhis•Secariry �.__
<br />_ Insttument does rtot authorize ac+celeration or f�tecCosare if not perrnitte�i liy:cesulations af.the SecsMary..:.. -_._
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<br /> _ - (e)Afortg�e Not InsvrYd.Bo�cower agrrxs�hat shoold tlris Serurity i�irument and the Nate se�cu�shereby,not be ��r
<br /> :�rz�• eli�ible for inwraflce uMer tt�:4ational Housing Act wit6iQ.6a days�frtrni t[se date hereof,Lender may.at iu option
<br /> ���`�° and notwithstat�dinS�Y���Pa�B�9. requin immeiiiate paym�a in:full of all sums secunad.bjr tltis SecvmY
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<br /> -_-=,. Instrument.A a�ritt�statemert of any authorized agent of the Secretary dated subsequent to 60 da}�Cmm the date
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<br />-_..��:�: hereof.declining ca i�sure this 5erurity Instn,menc and the Nat�secured thereby.sba116e deemed cortc!osi�re�m�O�of. �
<br /> � such ineligibility. Natwithstaa�ing the foregainD,this opuore may not be exercised b�•[.ender when the u�vaitaM`llty __
<br />;�',�`'°�� �� of insurance is soie{y dae to Ler„3e�'s failure to remit a mottgage insurance premium to ihe Secretary. — ==��
<br /> !O.Rdnstatrn�enl. Borrower hac a right to be :einstated if i.ender h�s required immediate payment in fuA becaase of -'' _
<br /> ' Horrower s failure to pay an amaunt due under the Nate or this Security Instrument. This right applies eyen after foreclosure � :.,
<br /> pmcecdings are inatituted. To reinstatc the Security tnstnunent. Borrawer shall tender in a Iump sum al!amounts required to ���,__
<br /> bring Borrower's account current includins. ta the eutent they are obligations of Borrower under this Securiry Instrument�� -:�,"�
<br /> � forectasure costs and reasonable and customary attomeys fees and eapenses properly ass�ciated witt� the foreclos�e �'.�'+
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<br /> proceeding. Upon reinstatement hy Harrawer.this Security Instrument and tbe oblig:tIons that 'it secures shail remvn in effect -�.,-..
<br /> � as if Lender had not required immcdiate payment in fuQ.Hawever.Lender is nas:rt-s�uircd to permit reinstate�rent if:(i)l.ender -t�• '_:._
<br /> '� ' �; has accepted reinstatement after the commerscement af forectasur��Esroceeding� within twa years iirmiediately preceding the ..�.`'��'_"
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<br />,;f;s,; . :; comrr�encement of a current fareclosure proceeding. Eii) rein.statciac-�r� will preclude farerlasur.e an differ2nt grounds in the
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<br /> , �CF' .future.or(iii)reinstatement wil!adverseiy�•�f.fect the paiority of the fiei�crpted by this Security Cri�.xtument. _;
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<br /> maditiption of `~��:'�
<br /> �. .' .,k.. 11.Barruwer Nd Rrdi�sCd;F�1��f,.�er Not a Ntaiver.Extensian of the time af paymer.t��: - _ ;r,:�
<br /> �, •�; '' , amortixation of the sums sz�:red�y i�i;5�..,�,'rity'�iis'tcament granta.!by LeRdcr to any suceessoc in interest vf Borrower�hall
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<br /> . • �F : �.� nat operate to relca.�e the ti�::ity cf�v crs�=:.a(&%rrower or Barto�v�r's successor in intere�.L"ender sha11 nat be required to -:''
<br /> � eommence pro�cdirtgs agati�l�anY s��'s•.Y+�r in irucxea os rcfuscc�x€hctenJ time fat paymem aru�ltetwise mcxlify:imortization '����,
<br /> k ••� 1��:;� of thc sums secured by �9iI��5ecurity lactn:incrt ��. r��awn of any demund mi�ie by the original Borro�sr•� or Borrawer's ,_ � '
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<br /> ' `' -`:;; successors in intrrest. Arp forbearance by l.ender m.cxerci+ing ar,� rig�t ar re^:�!y �hall nu�be a waivrr c�;or preclude the ��;: �. ,
<br /> , '� '/. exercise of any right or remedy. �'::
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