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<br /> ."��"'�':''4 �h 2,or change ihe amownt of such paymenis. My eace.�s Nroceeds over an amaunt rcyuirebr�o pa� Nfi u�sit�ndin� " �..
<br /> ";:�;�;q�,�---._� indc!>tadness unda the NIote and this S�curIty L�strument shaq bc paid to thc endty legt�ly endtle��henw. . '�,
<br /> B.Fed. I.endu muy couxs[ces end chargcs authorized by ttia Secrctury. „
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<br /> .. . :. `x�",�^��. 9.C�naunda far Aaeekratbn ot Deb� � :
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<br />;��;-�_.;�:}`'. t _ (�)I�efautt. Lencier may.except as Iimiu.•d hy rcgulatidns issucd by tha Scere�tary in the case of payment defaults. � , �
<br /> � ,� , .: ro9',�ire Lnm�dlata paYmcnt in full of�Il sum�securcd by tl�ia Secudty Inswmxnt if:
<br />'`=�*-t;'`�`y�.{a'"" (�Borrowcr dc.fault�by failing tn psy in hill any manthly�uymcnt mquired by thi�Securiry Insuumcnt prior to or • •
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<br /> •= �� on the due date of the neat montiily paymeat,ar M���,•� ..�; -
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<br /> -'�:._�� , (ii) BoFrowu defaults by feiling,for a perlad of diirty duys, w perfomi nny oshcr obUgadona containcd in th s •°M.L,-.�
<br /> - —�;c.�•:';,�9e Sf�tafty IrStizii�s;�1G ,. -:�a��;_.
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<br /> ;• . . (b)Sak R►ithout Credit Appmval. I.ender shall,if perQriitted bY apPllcabla Iaw and�vith tho prior app.�+nvul of U�a .�,,r,�krli`r_
<br />_._.s,�,, .,�,�:•.;�.`.' g�m�azy,requtre immaliaus pAymean in full ai a11 suma secured by this Sccuraty Insmuncnt if: . -...s.:
<br />•••'�'s�`:�'���'.'IY (i)All or part of the Pmperty.or a benofir.inl interest�n u tcust owning all or p�i of ihe P:o�rrty,is s�ld or othcn��ise 1�'''"�--=
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<br /> " tronsferred(othcr than by dcvisES or descent)by U�e Boraa�ver.ond � '�'��
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<br /> ,,:� (ii)The Prope�ty is not oecupia¢i by the pu�hasex ar grantee as his or h�p�incip�l resldencc,or the purchaser or �_--r�e`
<br /> ��?.� . •" grantoe dots so occupy tho Finpecty but his or her crcdit hu9 not been approvad in Accordnnce with t1�n requirements
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<br /> _... . . . ..a of lhe Sa:tetaiy. � :�{r�" ' :
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<br /> " . � ~ �� (c)No W�iver. If circumstanoes occ�r that wauld permit Lender to ret1uuu junm�dlat�e p�yment in fuU�bnt Lender does :,`..t�
<br /> . . � .-.��s:fr our.tz�;n^,�tr,I�n�s�nrs�et wn9ve iw dghrr�with raspec[te�subsequont�tants. _�a
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<br /> � (d)Ite�u{atbns o�HU1D Secretary. Li m�ny cu�cu�nstences reguledons issucd by the Se�retary will Iimit I.ender's 't�� '
<br />';��"� ' � � � rigdts in the case of payment defaidtn w requuse immediaus paymcnt in full ansl forecloso if noi naid.'I�is Security .. ,^ „•'
<br />`;.;;; ..t','�t;��q�' � Lut�unxnt does noi authorize accelc.rndan or far�eclosune if not permiued by icguladons of d�a Socretary.
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<br /> -"` a:� 'i�-.`��` (e)Mortgage Not Iasuraf. Hohotvcr agrces dwt shaul�! this Swurity Inslrument en+d thc Note scc►ucd th�cl►y nnt ba ,�,t u .. .
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<br /> ,,';�v;;;,'�,,,;�,�,�; cGgibb for insuran:,e under th�Aititiannl Housing Act within 60 daye from tMe dato h�+nof.Lender may,at its opdon and �
<br /> _ :.qr�,�,s�,-._ �, notwithstsnding anything in paiag�aph 9. rcquira imm�diatc paym�ni in full of rill suma socurad by this Sccurity •;. •:��•
<br /> : �+'.• ��;.�"�ax�. Insuumcnt A writun smtement of any autharizcd agcnt of thc Scxrettuy a3sur�si subsequent to 60 days fnom thc dutc •• �L��
<br /> ��_ • • '`,,.,.�;��' ticroof.declining to insnre this Socuriry L�enumant and tho Nota secuzer�:th�rre�y,shs�A be decmed conclusivo proof of � - � �
<br /> -,-=�-;4'+rr��;�,�• such ineligibllity.Notwithstanding the farag�ing.Ihi�aptian may not be eaeacised b)•1Lander when�ho unavatlabil9sy of . �-�'�>
<br /> �'�5� . insutance is solely due to Lcnder's failuru«�nemit a mo►t��e insurance p�emium co tl3u Secrecary. '�•:�`��#`���_
<br /> '''`.�.,,7T,�r 16.iteinctatem ri�ht w 6c sainstatcd if Lendcr h�u roc�uired immedlaUe paymant in full bccause of }� • > 1.��• � .t,,
<br /> ' ent Borrowet has a ,�'' <• „ ::•'��.
<br />:�'�.: ,'� Bomowu's failure to�pay en amount due undar ihe Noto or dds Sccuriry Instnun�nG T'nis right appllcs aven aftcr fo�+cclosure ��.,. � .�.F- ��;;'r`��
<br /> • � � proceedings nro insdtut�cf.To reinstatc tho Sacurity Instnrment,Borro�ver shall tender in n lump snm sll amounis roquired to bring ';ss�`�'�_�
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<br /> •" • • goROwer's acxount cunent including,w the extent thcy aca obllgndons of Bonower wrS�r d�is Security Inswmcnt,fo�+eclosurc . ���
<br /> �- `"� ..`�I�^.,. costs and reasonable 3nd cuswmary �tiomays' fees and expenses properly a�socia?ed �vit� the foreclosura proceeding.Upon ,.;,y�,
<br /> �'�-.--, ---. -'" ccinstatemcnt 6y Borrow.;r.this Security Inswment and 1�0 oUllgntions that it scc:u�s shall remnin in effoct as if Lendcr had noi _ �`��;
<br /> �� .��-� ':+`�.` roqvired immedlate payment in full. However. L�nder is not �quired co pu.�i2 reinsmtement if: (i) I.encRer has ecccptul - . ..
<br /> -��`�"r�:,.., : r�i�umtemenx efter the commencement of forec(osure proceedinps wi!l�in two years immediatc�y preced'n�E d�a commencement o f
<br /> ��'�tiM . . a cum,a�t foreclosure proceedin8. (u) reinstatement wiU preclaude forcclosure on differe�t p,rounds in the tuhue, or (iii) � ••
<br /> _... " • '.. ',� rcinstatcmcnt will advez�ely aYfcct rhe priority of tha llen cxeated by t�is Scc�uity Instr�cnen�
<br />- � � �• , .�� 11.Borrower N�t Pt�efeased:FurbeArauce O�v 91c�eder rot w Waiver. EKtansion of thc amc of paymeni or modificadon
<br /> ' = �� "'���� of emortirgtZon of tha sums secured by thls Sxuticy Instrument gz'anted by Lender to any successot in interest oi Borrower st�all � �'
<br /> �:,;�� �. :.�,� not operate to rcl�ease U►a liability of tha original Bortowe�or flurrower's sucoessor in initres�Lender shall not be m,yuimd to , .,
<br /> 4-_ '.,,'�� commq�oo pma�ic�gs aguiust any svccessor in inte�st or rofusu W oxtend ti�e for pay►r'�nt ar atherwisa modify nmQrt+zation of j
<br /> tho sums socured by this Security Insuus►�t by n�son of any deanw�d made Uy t�e originil Borrower or liorro��rer's svccessors I
<br /> _� :;.:_�5.:� in intee'es�My fabearonce by I.ender in cacrcising e��y dght ar xemedy shall not be e vvaiver of or paoctuda thm exerciso of any
<br /> `,, , .,':"'�t right a remedy.
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