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<br /> tlin mc�ntt►ly paymrnta, �vl�ioh sro rcfaned 4o in�Saragraph �, or ehonge tha amaunt af auch g��yrrtsnt�.Ay�y nxa�e
<br /> • pra;ce�s aver an anaaunt t�equlred w Pay ell autstanding 1r�debtedness vnder the Noto and thie Secarlty lcu�trumentahiil� .
<br /> be peid to the onttty Ie�aUy entit�c8 therAto.
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<br /> 8.Feet.Leader may collxt fae and ohugce authorizzrrd by tAe Secrotery.
<br /> 9.(3r�tta��le tor�cseleretioaa oi DebE.
<br /> (a� Dehult. Leader may. exce,pt as Itmited by regulat�aas iasuod by the Searetary ia tiTe cese oi p�ymont
<br /> delaulta,requlro immediate payraeat In fu11 of alt sums secusad by thte Sooudty Inatrument It:
<br /> (i� Borroaes�defautta by iailing to pay in full asq montbly payment requirod by thie Securtty litatrument
<br /> prIor to nr on the dua date of the nert monthly payment�ar
<br /> tiij Bortower defaulte by failing,for a perlod of tbirty daya�to periorm arey othar obligattm�s contaiaed in •
<br /> this�3eatulty lastrumeat.
<br /> (6)�alo Wtthout Cradit Approval.I.ender ehatl,if pamitted bq applicablo law and wlth tho prior approv�l
<br /> oi the Secreteiy,roquire ierimediate paymeat in full oi ail sume secured by this Seaudty Instrument if:
<br /> (1)AIl ar part o!the Proparty,or a baneficisl intarest in a trust owniag all or part of tbe Propetty,is sold or
<br /> otherwise transfernd(other t�ac by dovise��deacent)by t'he Borrower,aad
<br /> (ii) The Property te aot acca�piad by the �ureheser or.grantee ae hie or her principnl residence� or the
<br /> purcAaser or graatee dcea sc�ooaupy tha Property but hi�or her cralit hass aot been approved ia aceordaace
<br /> with tha requiraments oi tha�ecrotnry.
<br /> (e� No Waivor.If circumstaaces occur th�t woiild pera�it Leader ta requira irmmediate payment in fu11�but
<br /> Leader doea not roquire auah paymente,I.ender dces n4t waivo ite dghts wIth respect ta subRCqueut eveate.
<br /> (d) Ra=ulations o!HUD Saccet�ry. Ia many citcumataaces reguletione isaued by the 3ectetary will l�mit
<br /> Lender'e dghte ia the casa oi psyment defaulte to requira immedtate payment ia full end foreclase if not putd.
<br /> "1i�'����� '1 �; Thie Seaurlty Inatrument does aot suthorIze acceleration or foreclasora if not permitted by regU]atlons of tha
<br /> ♦ ����,RZ�.��+'• S�'O1HTy�
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<br /> �-'�,F�:''-�',`'-+�. (o) Mortgage Not Iasured. Borrower agrees that should thia Securtty Instrument aad the Note socured
<br /> '.,��� ::r�r�. ; thereby not be eligible for insuranco under tha Netional Housjng Aat within 60 days from tho date henof,
<br /> '�`.• ��:°•. �. ���R;, Lender may,at its option and notwtthstending anything ta paragraph 9,require immediate pnymsnt in full of alt
<br /> ���� s�Y '��� '���• sums secuted by this Securtty Inatrumem,A wrItten atatement of aay authorIzed ageat e[the Secrctary daud
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<br /> :���`;�`%�`'T'��.�` � the�buahall bo d�sned conclusi oe rooi oi suclh iaelt�h�1�NotavIthstandin�the fo�*eia ttl�is ottlo�n ma�
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<br /> •R:•"�:. � . •' ' '' aot be eaercised by Lender when the unaveilability of ineuranca is solely dua to L.eAder's failure to remit a
<br /> ''�'" �'��' ''' ' mortgage inauraaoa premium to the Sectatary.
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<br /> "'"J t 'y ., �S ' 10. Reinstetemeat. Borrower has a ri ht to be rainstated if Lender hes r uired immedlate
<br /> .,,�;�;�.�,�.,,,»...:",:,:R: � 84 PaYment ia full
<br /> ;u., ....• . becausa oi Borrower's fatlure to pay aa amouat dutl under the Note or thia Securitq Instrument.This right applies even
<br /> ;t;:.;n.. : . , . • after forecloaura proceediagrs ero inatituted.To reiastate the Securitq Instrumeat.Borrower shall tender in a tump sum
<br /> �';;�;;.,�:.:..,:.� all amouats re�quired to briag Borrower's account curr�►t iacluding, to the axtent they ere obligattons af Borrower �'�
<br /> ��:*�r.r};A-�• <, uader thia Secwity Instn►ment�foreclosure costs and reasonable and cuswmery attornays'fe.es and espeasos properly e,:-
<br /> "ti'��;�^'°�' � associated with tha foreclosure procading. Upon retnetate:nent by Borrower. thia Security Instrument and the +��-+
<br /> "'��•'"=�"'�� "' • obligations that it secures ehell remaia ia efiect es Ii Leader had not required immedlate pnynaent in full.However, '';�';',"��
<br /> . . ""' Lendet is aot required w permit reinstatamant if: (i) Letidar has accepted reinstatement after tba commencemesit of '..��;�
<br /> foreclosure roceedings withia twa years immediately preceding the commencement of s curtent foreclosura <�`
<br /> ' • proceeding, �i) reinatatement w�ll precluda fot�eclosure on different grounds in the future,ar(iii) roinstatement will '�"_?�
<br /> ". • adversely affect tha prinrity of the lien created by this Security Instrumant. ?,,:�::,,t
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<br /> .:+''" � • 11. Bonower Not Reloased; Forbearance By Leader Noi a Waiver. Extc�neIon of the tima af payment or
<br /> � .. , � modification of amortizetion of the sums secured by this Security Instrument granted by Lender to eny successor in
<br /> -"�* intereat of Borrower shell not oporate to releasa the liability of the original BnrrowPn or Borrowet'e successor in
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<br /> .�,i�,;�� ° ' interest. Lendar shell not be required to commence proceedings against any auccessor in interest or re4use to extend „
<br /> �� � � time for payment or othercvisa modify amortization of the sums secured by this Security Instrurnent by reason of eny
<br /> demand made by tha originel Borrower or Borrower's aucce,ssors in interest.Any forbearence by Lender in exercising
<br /> � any rIght or remedy shell not be a waiver of or preclude the exercise of any ri�ht or remaiy.
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