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<br /> ? �Y ' paymeius,wluch a:e tefened w in Faiag�h 2,or change tbe amaunt of such payatenu. e�ng excess pt�ceeds�►er an � ��4 ,s��.x�.__
<br /> ;�-�� ' • - amo�t required to pay aD outst�ading inde6�An.ess nnder the I�ote and this Sec�uity Insuvment sfiall be pazd m the�y� - .<: , e `
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<br /> °. - legally eatitlefl Iheieto. 4 3 " i��� `�t
<br /> ` �z ' . 8. �Ees.I.�ader may oollect fees aad charges authorized isy the Socretary. � '1 � � -
<br /> < � .. � 9. Gmnnds far Ac�leration of De6� . .:=� � � _.
<br /> � � . ; (a)I3efaaiL Leader maq:eacept as limited by ceglilaSons issued by the SetYetary m[he case flf payment defanits, :�x"`:�--� ^
<br /> � nequire immedeate payment in fnll of all sums secateti by this 5ecarity Instrument i� �'.
<br /> `' � �• . . (i)Borrower defaults by fa�ing to pay in ful1 any monthlly payment requined iry dus Seauity Insaument prior :�:�i:�;��-�_=�
<br /> � as ta or an the dne date of the uext maathtY PaYr��nt,or ;'4 �,�,�,.,�,���"
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<br /> ,`;I,�. a��-;., tii).Bnrrower defauits 6y fa►�ing>�ar a�!of�tY days,to perFm�m any atS�er vhligodons cont�iued in tmis �� _ _--
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<br /> Se�urity Insttumeat
<br /> , x` f'�s `_ _ � .. (b)Sale�QUt Csed�Apprural. Lender shalt,if permitted by applicable�aw and with the pslor ap�mrai of Ne . _ - --
<br />-- �'Y�'r} ' � • ` Secretary,recluire u�edi�te Pay�ent in fuII of alt the sums ser+ired by tius SecurIry�nstr�ment� �_ ----
<br /> SY�:... .i.
<br /> ` � ,,..,'..•�.` ., (i)Al!ar gart of the T�mperty.ar a beaeficial i�uerest in$aust ovmin�all or pazt of the Ptopeny.is sold or
<br /> : ` o4herwiss�e n s f e R e d(o t her t t�b y d e�rise or d e s c e n t)6 y t h e B a r r a w e r.a a d ,
<br />-' ' . � .t • � ar)'�et�d�oes so��� the y��bu rhis a� crEdit jt�as ant�been a�pptmved ui ac,�ard�x —
<br /> � ' S� �PY �F�rtY
<br /> ;�4-.. : ::`�.�:' ; witb the teqt�estertts of the Secrtary. —
<br /> ,§_<.� (c)l�to EVaive� If circnmstar�ces aocur thut wauld permit Lender to require immedtate paymeni in iml1.buE Lendss .
<br /> �:r.,.,:. _' �' daes not require such payment�,Lender dces not waive its ri�hhts witf�respect to subsequent events. .
<br /> • (�Regnlstlons at F�TUD Secre4ary. In rnany circumstaaces reguladons issa�6y ttte Secretmry wi�l Wnit L�ri�k
<br /> -���.- � . . , � cights. ia the case of.payment�efaulrs. to m.�uire tmmcdi�e pay�ent in,full rind for�lose if not p�sd 'E7�Is _
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<br /> ,� . , . - Secunry Inst�ument does nnf authorize a�celerotcon or forectos�ue�f a�t permittedl�y regulations of ttte S�cr�t�ry.
<br /> � �� � • • (e)tMastgage Noi[m�ured. Bo�rower ag�s that should das Secwity Instrumeut und thc note secunsd theieby aot .
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<br /> < . �ef�gibie far insurance uader tbe Natiaaai Hausin$Act within 913 OAYS
<br /> :�...:_;.� �.�.-.... .� daze hereo�Lender may.at its option aad aotwithstanding anything in ParaS�Pb�•�9�'��Payatern ut .
<br /> '_'7_ .. _..� . .
<br /> „ � full of all sums secuied by dus Securiry Instrument A written statement of any authatized ageni oY tRa Sec�tary
<br /> • c. . :,.. . dated su6sequent to 90 DAYS from the date heteof,declining to insut�thfs Security
<br /> - • `� � � Ynshvmeat and the note sectucd thereby,shall be deemed conclusive proof of sach inelig��ity. NatwithstaacTing
<br /> . . �. the foregoing,thig option may not be e�cercised'by Lender when the anavailab�ity of insurance is sulely due w . -
<br /> --- _.__ __ ._ Leader's faitwe to remit a�t gage insurance premium to the Secretary. ' .
<br /> ... ' 10 Reinsiatemen� Borrower has a right w be ceinstated i8 Leader has cequired immediate�ent ia fuU�s: - --,-
<br /> � � ' of Bortower's fa1�to p,.�y an amount due under the•IQotc or this Security L�strumen� This r��t applies even a�tef .
<br /> . . .. '� .. • fo�ctosure pmceedm�u-�r,�stituted. 'Ib reinstate ths Security Insuument.Bmrower shall t�ei in a lumg san+all. : , —
<br /> •,'.%�r'3f�•;,,,'',,. Secoriry I��tm�ment,fa�ecgt�costs and reasonc ab�and custog'mary attom ys fe s and.b��x.p�e�a�.�oyowas o i�ated vrith
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<br /> � ••.:;��,t•,•....� � the forectosurz proceeding. t;Pan reinstatement by Borrower,this Security Instrumens aisd�e c,h�i�ans_thai it sec�ues
<br /> � � • � sraJll remain in effect as if Lender had not c�uired immediate payment in full. However,Leader nsrn.t requiied to permit
<br /> . : � , r�instatement if (i)Lender h.as accepted rasnstatement after the commencement of forec2osw�i�>ceedings anttsi�two '
<br /> '����,`::�, _.•. • }ears immediatelY Precedu;��e commencement of a current foreclosure pmceeding, (ii) re�.s:e�ent w�ll preclude•
<br /> '� . � foreclosute on d'ifferent gm�.:.ds in the futurg.os(iii)cec�'..,3tement will adversely affect the priarity of the licit crea�s�by
<br /> .. . '`,�1 . th9s Securi Inswmenl.
<br /> . 11. �o�er No4 Reieased;Fos�earance b�r Lender Not a Watver. F.�ctension af�e time of payritent ot
<br /> � modification a��a3rtization of the sums�.:.ued by th�s Secvrity tns�ca!�°nt granted by Lender o�a�rl succe��ot in interest
<br /> � of Horrower shaS not operate to release�:liability of d�e original Ba�mwer or Boaower�s succ�m in interesi. i.ender • _�
<br /> , ..,. ,. ,:; .
<br />- � ,�:�;'t;,,•.•, shall not be required to cor-�ce proceedings against any successar in interest ar refuse to emerrd time for Qayment ot
<br /> - �;<,':�'?�:• . ,. otherwise mod�fy amortizazi�of the sums secured by this Security Insuument br:srason of any demand made by the Y
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<br /> ;. f..< <. originai Barrower or Borrower s successors in interes� Any forbeazance by Lendec i��°a.e'rcising any right or cemedy shall
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<br /> �!��`''':' not be a waiver of or prectude the exercise of any nght or remedy.
<br /> ',��:�� � � 12. Sus.c�sors and Asstgas Boand;doint and Severnl i.la6ilitg;CaSigne�. T�e e��;�:ants and a�eemems of ��
<br /> - � �.�.,',�i:;si;1, ' � thls Security Inswmeni sha11 bind and benefii the successors and assigns of Lender and Bor:o:i��,��bjecc to t6e provisions --
<br /> : :';;:;f�� . o f P�r a g i r a p h 9 b. IIorrower's c o v e n a n t s a n d a g�e m e n t s s h a l l be j o i n t a n d s e v e r a l. A n y B o r ro w e r w h o c o-s i g n s anids
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<br /> � � ��:s��:• Securiry Lrstrumem but does not eaecute the Note: (a)is co-signing this Security��xument anIy to mortgage.�at� _
<br /> �.?; •; ,"�`"' • ; � ."�. , wnvey that Borrowet�s interest in thc Praperty undes the tc.mns of this Security Instr�;.�nt;(b)is not personally obligated to �,_
<br /> pay the sums secured by this Secvrity Insuumen�and(c)agrees that Lender and any othes Barrower may m�ee to extenQ r�
<br /> � .' � ' modify.farbezr or maice any accommodatians with regard to the terms oE e.his Secunty Insmrn:.�r.a�r the Note without that ,. •
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<br /> �. `� ,• � �m 13. Niotfees t M ao�ce co Barra�er avided for in this Security Jnstnime,^.t sbal!be �n by dellverin it o:b '���• ,_�__
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