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<br /> - � . � ._ � : � � _ _ 91-� - , .� ` .
<br /> ne&�ad�y�in prsjr�ph 2,os c5�e tht�naunt of wc�piY�_�?}!.G?`�s F�over m amoru�t n�quired to p�y fd�
<br /> ` � oetsdadi�inde6�edness under�he Aio�te and tbis Sopudt�r.i�trum�{E sh�J�he�.to the entiry tegg�ilIy em'tiuu�tber�ew. ` ° .
<br /> . s.Fl�a.L•�rndCt may coUa:t fees aod Chat$CS atlthoriz4d by�;�?�Yr,:;' � . ,
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<br /> l..�foc Aoo�o�.atDeet• . . .
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<br /> ' (�}Qetarit.Leodcr tosy�exapc�timitai bl► regulatiwqs isstse¢bx�the Secretaty in the case of payment defaults.
<br /> , ' �►ce�mm�iate PsYmmt i�fuI!of al!sums securod bY t�is Se�!n4S,�nsttumeat:if•
<br /> (i1��'+��`���bY ftiling to pay in full anY mon�hlY P�Y��i�by this Securiry[nsuument prior to or
<br /> . O�t�lE�IIC d7�E of t11G�f mnMhtY-�x��--t►s �':----.----�� `
<br /> . (ii)Bormwec defaulis by fulin8, for a period qf tluCty.days,.to;�fortn an�r other obligatioas containod in t6is' .
<br /> Secw'ity Ir�uam�R. . , _ �
<br /> - (bs Sde Witioot Cnedit App�oval. Lendet shall.if per�'tite�!b3�!, ,.tizabie law�nd with the.prior appruvat of the
<br />— ` ` Secretaiy.nquine immediate payment in fall of atl sums.�qcure�!bY.���Luuument if: , .
<br /> (i)All or paEt of the P�npetty.or a benefisiat inter�st.in a uus�,�,owping all or part of the Property.is sold or'
<br /> .`' � at�erwise aansferrod(aher than by devise or desceny py the Botr!�N¢r.and , �—
<br />-- � (ii) 'F6e Property is uot oavpied by the purcba5er.or.gran(�¢;;as his or her principal residence. or tfle
<br /> ° pimdaser or grantee das so occupy tLe Pmperty but.�i�,or.het c�at'�#has not ban approved in aocard�nce wiih tbe
<br /> :�SVf � iequiremecus of the Secnetary. :` ; . ` _
<br /> • 3:
<br /> (c)No Ws[ve�:Tf circumstanc�uccur that woutd pera�iciand�;�w�jt�jujne ima�ediate payment in full.but I.enderdoes
<br />... ' not require such p�yments,l.ender does not waive its rig�4s witb,llea j�f.[o subsequenc events. --
<br /> — ! td?��af Hl.tD Seeretary. In many ci�re�ut�q�qnt isv�ed by Hie Sec[etarY�vT11 limit lrencler's ='"�"
<br /> ' . . rights in the case of payu�ent defAUJts to require immei�i�te pay�t in full and foreclose if not paid. This Security ��'�>�
<br /> Instmment does not auWoriu acceteraE�on or forec[osure if no;pe���ed by regulations of the Secretary. �--^�
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<br /> • �'� • ' � (e)Mortgnge Not Insu�ed.Borcawer agre�that shoul�-thi�:.��kiY�strument and the Note secu�d thereby not 6e . "��'
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<br /> ' . "�;:;`; eli�n'ble for insurance under the National Housing Act�ithiA,b(1.da}'s.fram the date hercaf.Lender may,at iu opaon
<br />.'<;:`.' ' . . and notwithstanding anythirtg in paragrdpb 9. reyuirc i�n�diat�,p�y'!tr�mt in full of all sums secared by this Seca�ty . -
<br /> � Ir►stsument. A written statement of any authorized agenE,of.�h�, .S�r�ary dated subsequent to 60 days from die date ��;:;
<br /> ;;; � � hereof,declinin�to insure this Security lnstrument and th�Not�;�thereby.shal!be deemed conslusive praof of . . ��•
<br /> - such ineligibilit�. Notwithstanding the foregai�g. this optian�ma,y�:tia{:.be exercised by l.cnder whets the�navailability . �'=-,;:_
<br /> ' : •� of insurance is solely due ta Lende�s failure to remit a m�rtgag��n,�arance premium to the Secretary. ;. :µ'.�;--
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<br /> 10. Rdastatement. Borrower has a right ta be reinstated.�f i.ende�,has required �mmediace PaYment in fuU because of
<br /> Borrower's faiiure to pay an amaunt due under thc•Hote or this Secusit�t�Instrument.This right applies even after fonclosure • . �
<br /> . proceedings are instituted. Ta rein.aate the Security Instrument.BarrowGa.�ha��tenctet in a lump sum atl amounts required to _�.,�: . _
<br /> bring Borrower s account current including. to the extent they, are,obl(gati4ny nf Bnrrower under this Searrity Instrument� -
<br /> t,,, ; t,,.. foreetosure cosu and teasonable and custamary attorneys fc�es: and,;M%penses properly assaciated with the fureclusure '. __ _
<br /> �� proeeeding.Upon reinstatement by Banower,this Security Inst:ium�st.aml,the obligatians that it seeures shall remain itr e�ect __
<br /> ' �-; �` � as if 1.ender had not required immediatc payment irs full. Howev�.'r.l.enc��r�is not required to permit reinstatement if:(i�t.�der
<br /> ' ' .:;:� 3�as accepted reinstatement after the commencemerrt af forecMsure,prnceedingq within two years immediatety pmcediRg the _
<br /> �r.�-.���:, • �ammencement af a currCnt foreclosurc proceeding. (��t reinsiatemen�t:,�vill preclude f�reclosurc an different grounds.ire the �„' �
<br /> ' � ;'Potnre,or(ii5)reinstatement will adversely uffect ihe priority of tha.liat�created by this Security Instrument. , .
<br /> �r : ,� 11-Be�rower�ot Released:Far6earance By l.ender Nut a Waiv�..Extcnsian nf the timc nf payment or modificai'san of •.f .
<br /> ` �-"• ��martizatian of the sara��cured by this Secvrity Insirumcnt grantcx,�6p.Lender u�any�uccessor in interest of Borrawer shail � • �
<br /> ` ,� � not operatc to release the iiability of the original&srrnwer oi&m�wcF'.r SuGce.r�or in intere�t. Lcndcr shall nat be required to .
<br /> �1: wmmence prpcerdings against any succcssor in interewt or refips.c ta.�xtetxi timc for p�ymem ur v�herwise modify amortization � �
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<br /> � ,.,•,. ,;�;. of the sums secured by this 5ccurity in�,trumcnt by r�sun nf���1;dem•tnd mudc hy thc original Borrower or Borrawer'g
<br /> ' ` :'�� •, successors in interest. Rr.y fnrbearance by L,cnder in cxcrciring.any..right ��r rcmcdy 4haU �at bc a waivcr of ar prec;lude the � � . .:.�;'.;
<br /> � � ;,-��� excrcisc of any right ar r�:medy. ' . �
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