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<br /> rcfcrrcd to in puragruph 3. ��r changc thr amuunt ut'+urh paymcnt+. Any cxcc�. prucccdti uvcr un aimaunt rrquircJ tu puy ull . , t
<br /> uut�tunding indcbtcdnc+�u�iJcr thc N<itc und thi�Srrurity In.trumrnt+hull hc puid to Nic c�ttiry IcgaiUy cntiUcd thcretc�.
<br /> . . � A. I�Mw.IAndcr muy calicrt fcc.und chu�gc+uuthuriicd hy the Scrrrtury. T.
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<br /> � 9. <;ruunds fi►r Acccicratian of Debt. ''
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<br /> ; Ia) Uefuult. Lettdcr muy. except a� limitea hy rcgulutiun� 't�yuid By the Se��etury in thr cau i�T puynknt default�, , �
<br /> � nquir�iuimediutc paynunt in full�if ull wm.,ccund b�•thi+Scruriry Intitrumcnt if:
<br /> , �i)Burru��•cr drfault+h�� fuilin�tc�pay in full any mm�thly paynxnt rcyuircd h��thi,S�curiry In.trwnrnt priur tn or ,>
<br /> � �,n thc duc dutc uf thc ncxt mundily puyment. ur
<br /> ; tii) Sc,rrawcr defuult.hy fuiling. (nr a {kriixi af Ihirty duy+, tn �rfi�nn any othcr ohli�uti�m� r�mtained in this �
<br /> Sccuriry In+trunxnt.
<br /> ! (bf tiale Nithout Credit Appravat. I.endrr.hull. if permitted hy appl icahlc law und with thr prior upprovul ��f thc �
<br /> Scrrctary,r�quire immcdi�te payment in full uf ull aums secured by this Sccurity In.trunwnt if: '
<br /> i ti) AU�.ir pun ��f the Prc�perty. ��ra heneticiul intereyt in u tru�t ��a�ning ull or purt i�f the Property, is soW c�r
<br /> � ! uthcra•itic trun�ferceJ Inthcr thun hy dcvi,c or dc,rcnt)by the Burrawrr.and `
<br /> ' tii) Thc Pr:�prrt; is nnt t�c�:u�iMJ h)� dte pttreha�rr nr �.rnntrr nc hi. ar hrr Cri�ri�ad residen�e, ar the { .
<br /> purrhu�cr nr grantcr d�x+,o curupy the Property but hiti on c�r rredit I�s not bcrn uppruved in urr<�rdancc with thc
<br /> 1 requircmcnt+��Fihr Sccrctary.
<br /> I (c) No Waiver.If rircum+tance�ixcurth:tt wauld pe:rmit l.ender to require immediute paytiient in full,but l.ender duc� •
<br /> ��� �r�t reyuirc�urh pa�•mcnts. Lrncicr doc�n��t waivc its right,with respect to suh.cyucnt rvcnt�. i
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<br /> � (d) Re�ulations of HUD Secretary. In muny circumstunces reguluticmx i�xued by the Scrrctuty will limit L.ender'� I
<br /> ' right� in thc cuse o(puymcnt defaultti to rcyuirc immediutc puyrnent in full •rnd fnreclnsc if not puid. Thi+ Sccurity
<br /> Ilnstrument d<x,not authorizc acccicration or toreclosurc if not permittcJ hy rcguluti�ms of thc Sccrctury. (' . -
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<br /> (e) 11ort�;a�;e N�t Insured. Borrower a�rcc�thut.hou�d this Security Inxtrumcnt and the Notr �ecured thcreby not he j `'_�
<br /> � cli�ihle ti�r m�uruncc undcr thc Nuticmal Hciu+ing Act within 6U duyti from thc dutc hcrcof. L�ndcr m�y.ut it.uptiun ` ^
<br /> � and nutwithtitunding uny�hing in purug�uph 9, reyuire immediute payment in full ��f ull �um+secured by thi. Security ��
<br /> � In.tmm�nt. A wrincn ,tutcnunt cif uny uuthori•r.cJ ugcnt of thc Sccrctury dutcd suhscqucnt to 60 duy+ from thc datc ;�
<br /> � h.rcof, dcrlining tu insurc this Sccurity In+trument uiid thc Nutc sccttrcd thereby, �hull bc dcemcd remclusivc pr�xif of' ��j:
<br /> � �urh ineli�ibility. Notwithxtarxling thc fore�!ning,this opti�m muy not be cxcrcised hy IAnder when the unuvuilability .,.�•�
<br /> � nf in.rururxr i�siilcly due to I.endcr's failurr to remit u mi�rtgage intiurance premium tu the Srcrrtary. : �'�f
<br /> •' 10. Reintitatemcnl. �3��rrc�wcr hus u right to be rcimtatrJ if Lendcr huti requireJ immediate payment in full hecausc of ��!�.
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<br /> &�rrowcr's fuilurc tc�puy am m�uunt dur undcr thc Nntc ar this Sccurity Imtrumcnt. Thix right applics even aftcr forcclasurc i ••;�
<br /> .; � prurceding, are in�titutcd. To rcinstutc th�Scrurity In+trumcnt. Borrowcr shall tcndcr in a lump sum all umuuntz reyuireei to i
<br /> bring Bnrrawer'� urcuunt current indudin}�, tn the extcnt thcy ure obligatiam af Barrower under thiz Securiry Instrument. � .; ;.
<br /> fi�rcclosum costx und rea�nnublc and ru+tunwry� uu��rney�' fecs unJ cxpc:me+ pri�perly assoriuted with the foreclozurc �
<br /> � proceeding. Upon rcinstutrment by Bc�rcowcr, thi�Scruriry In+trumcnt und the c�bligutinn,thut it suures sh.tll remuin in effect f
<br /> �: ns if Lcruicr hud rn�t reyuirc�immecliute puym�nt in full. Huwevcr, Lendcr iti not n�yuircd ta permit rcinstatemcnt if: (i)Lender I .
<br /> , hu� uccepted rein�tutement aRcr the unnmencrment af fcireclusurc prcxeeding+ within two yeun immcdiutely prececiing the i
<br /> � commencement of'a current tiirecl�i�ure prcnc��iing, liil teinstutenxnt �vill precludc forerlosure on different grounds in the �
<br /> j futurc.or(iii)rcin�tatcntrnt�vill udvcrticly afTccl thr priority c�f thc licn crcatcd by this Scrurity Inxtrument.
<br /> 4 .
<br /> 11.Bnrr�►w•er Not Relcaticd;Forhearanrc Bv Lcnder Not A Waiver.Extensim� ��f thc timc nf puyment or modificution<>f � '
<br /> , • amurtieutiun uf thc ,wn. .ccured by thiti Srrurity In�trument grant��l by Lcndcr to any succcti�ur in intcrest uf Bormwcr shuU
<br /> - n��t ciperatc to rcica.r tlir liubility of thc uriginal &�rrowcr or &irrowcr'ti succc,.or in intcr«t. Lrndcr shall not bc mquired to
<br /> ' . mmmencc pr<xecding�again�t uny�urcc��or in intere+t or refucc a�cxtcnd tirnc titt p:�ymcm or othenvisc modify amortitatinn
<br /> of thc sumr scrured by thi, Scrurity In.trunxnt b�• rra+un at' uny Jcmund mudc b�� tlu uriginal Borrowcr ��r Burro�vcr's
<br /> succcssurs in intemtit. Any li�rhrara�uc by Lrndrr in cxcrci�ing uny right ,�r rcrn�dy �hall nut b� a wuivcr uf or pmcludc thc
<br /> exrrcixe a(uny ri�ht ur rrmeJy.
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