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• •U. � • g y � . . o;..�:.,r°}.ein� °``kii '� <br /> - '- } is� �,�F Ii {� ' � .. - �-.I..::J'f/���:i�/�i:�j)� 1�;'f'.YI. <br /> �, • �i�b�+�r� <br /> t' ♦..^J C <br /> . . .. .. 9��eca►�a�� � ��4� 1�7� - ,. <br /> x.o��. <br /> ' tho rrianthly p�ymentei,Nhich am referrod to ia� p�ngnph 2,nr chanIIe the amount oi such paymsnte. Any excsee� <br /> .�,rocceda aver aa asnovnt requirad to Esa�y ell out�tandjn�indohtedae.�a under tho Nota nnd 4hiA 5ecurity Inc�trument shaU <br /> be i�aid 4n the cntity legelly onttElod thar+�to. <br /> � 8.Foea.I.endee m�y coltoct feen uad chsr�euthorIzad by tho So�retury. <br /> 9.�rounds ior Asceleratioa oI Debt. <br /> (�j D�ei�ult. Leader may, oicept as Iimited by ro�ul�dons ies�ed by the Secretuy in the caee of p�yment <br /> def�ulis,require immediato paymeat lA fu11 of tll sums seeured by thts 5ecurity Instru�nent ii: <br /> (i)Borrownr defeulte by idlin�to pay tn full any manthly pay�oiat required by tbia Sacudty Instrumetit <br /> or t�n�r on the due date oi the noxt monthly peymeat,ar <br /> iI)Borrower defaults by feiling,for a perIod ot thirty days�to peclorm any other obltgattona contained in <br /> th�a Socurity Inserumen� <br /> (b)Sale W[thout Credit Approv�l.I.rnder shefl.If ge�mitted by applicable law and with the prtor appcoval <br /> of the Sxntery�requIm immediate psyment ir�full oi all sums secured by thie Seeurity Iaetruraent if: <br /> (i)All or part of the Property,or a benoticiel latereat in e trust owning all or part oi the Property,ia eold or <br /> otDierw�ea trensiernd(other thnn by devise or de�cent)by tha Barmwer,ead <br /> (ii) Thts Property is not oecupled by the purchaset or gantce as his or her priacipsl residoACx, or the <br /> purchaser or graatee does so occupy the Property but hie or her credit hae not been npproved ia ac�rdence <br /> with tho roquirameats of the Sa.�retary. <br /> (c) No W�iver.If circumstnnces occur that would permit Lestdet to require immedIate payment in full�but <br /> I.eader does not require euch paymeats,L.eader does not waive its righte wtth respect to subsequent eventa <br /> (d) ReEulittons oi IiLJD Secretary. In maay clrcumstences regulatioas issued by the Socntery wIll limit <br /> Ixnder's righte in the case of payment deiaults to requite immedlate paymeat ia full aad foreclosa ii aot paid <br /> Thie Security Instrument does not authorize axeleration or foreclosura if not perraitted by regulatiaps of the <br /> f� �� <br /> h � (e) Mort�ago Not Ineured Borrower agrees that ehould this Security Instrument and the Nota secured <br /> �.,,�3''_"`�i - �� thereby aot be etigible for insurance under tha IVadonal Housiag Act wittun 60 days irom the date hereof, <br /> �, , LeAder msy.at its opiiou and notwithsta�ding anythiag la paragraph 9.requira immediate payment ia ttUl of sU <br /> „ '' sums securod by tttis Sacurity Iastrument.A written state:nent of aay suthorized ageat of the Socretary dated <br /> '�'"� bseque�nt to 60 days from the data hereoi.declining to insura thia Security Instrument and the Note secured <br /> .�-�,;.• � <br /> at;.. <br /> ' , ..: �; thes+eby,s�aU be deemed coaclustve proof of such ineliglbilit,y.Notwithstanding tha foragoiag,ttris option may <br /> ;� ;�'�'�!.,.,:, aot be esercised by Lender when thA unAVa�lebility ai insurs�nce is solely due to I.endor's failure to remit a _ <br /> ��', ,�'. ;,,.�. mortgege 3,nsuraace premium to the Secretary. � <br /> .,�.. <br /> ��,FC:i• <br /> . ;Jr:r�j�. �._ ,-. <br /> �" 10. Rainatatement. Bonower has a right w be reiastated if Lender hea required immediate payment in full "'� <br /> �y"-`w'` becausa o4 Borrower's failure to `"'�'- <br /> pay ea amount due under the Note ur this Securiry Inetrument.This rIght applies even <br /> '�r after forxlosure ptoceedittp sre instituted.To reInstato the Security Inatrument,Borrower shell tender ia a lucr►p sum ,, <br /> �:�.�"�-'.�q�s,' sll amouats requirod to brIng BorroNer's account current includin�.to the extent thay ara obligations of Borrower ,. : <br /> � Y�•-�}� uader this Security Instrument.foreclosure costs and reasonable tind customary attornays'teea snd expenses properly <br /> associatod with tha foreclosw�a proceeding. Upon reinstatement by Hornower� thie Security Instrument and the .�{- <br /> � ' �� .` �+ ` obligabons that tt secures shall ra:nain in effect es if Lender had not required immediate payment in full. Howaver� x- �_ <br /> ..�!�^^�'�� „� L.ender is aot required to permit reinstatement if:(i) Lender hes accepted reinstatement efter the commencesnent of ��� <br /> , �.:.�,. <br /> "�� �,� "� iorcclosure ngs within two years immediately prece,ding the commencement of a curces�t forectosure `' ;_ <br /> ?',,�...;c,:; proceeding. ii)reiastatsm�nt will preciude foteclosure on different gounds in tha future�or (iii) reinstatement will �•.��� <br /> ��'''' " ;„ adversely affect the priority of the lien created by this Security Instrument. �' <br /> fi.;..... ., xf <br /> � •�`•'�" !1. Bntrower Not Iteleased; Forbeuance Sy Lender Not a Waivar. Extension of the time of payment or <br /> :"���;:�: =:i modification of amortization of the sums secvred by this Security Instrument graated by Lender to any succ�or in <br /> .�;`•.�"' � interest of Borrower shall not operata to release the Iiability of the origiaal Borrower or Barrower's successor in <br /> � interest.I.ender shell not be required to commence proceedinge againat any successor in interest or refuse to extend <br /> --r=F�� time Eor payment or othernise modify amortization of the sums secured by this SECUrity Instrumesit by reason of any <br /> � ,�c.�,.. <br /> ,,,.��-��- demend made by the original Borrower or Borrower's successors in interest.Any forbearance by Lender in exentising <br /> �'>=;�-;-��; " any rtght or reme�iy shall not be a aaiver of or preclude the exercise of any right or re�nedy. <br /> �:�::- . . . !, <br /> �.r:. - . _. . �1 <br /> •'°;.' 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