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<br /> parograph 2,ar change Iho amaunt of snch payments. Any Eucce� Fioceects over nn nmount required W pay all outautnding [
<br /> ':�-���� lndcbtedness under the Note and thia Securicy Instrument shaU be paid to the entity legally cntided thcreto. -
<br /> ��. ��
<br /> ___ �
<br /> �..._,'` 8.Fec�. Lender mey collact fees and charges authorized by the 5ecretary. "'
<br /> - •�.� �-:
<br /> �'�`�.� 9.(3rounds far Acoekrallon at Deb� a-
<br /> .��:.,�r t'
<br /> ��; (A)QlfADIQ. Lendar may,axaPt ag limited by ngulations issued by tbe Secre�y in the case of paycnait defaults.
<br /> --�-��� requira lmmodlate payment in full of all sums socured by tbis SecurIry Insnument ff: E
<br /> -=�`� l�;�
<br /> (i)Hoirower defaults by faUiag to pay in fult any monthly payment requinad by this Security Inswment prior o0 or �.
<br />,:;� �, on the due date of the next mont4lY PaYa�ent,oI �
<br />_��'��� (ii) Borrowu defaults by feilin8,far a perlod of thiny days,to perform any other obligation�cantained ln thfis _
<br />=—� � Security Inswmeuw —
<br />_-sr��:y -
<br /> ---_: (b)SWe Wititout CredIt Approvaf. Le�tder sball,if permiu¢d bY ePPIIca61e law and widt the prioa epprnval of the _
<br /> —= Secretary.reiluire imn►ed3ata paymeat in full of all sums secured by Wis Securiry Inswmeut if '
<br /> � (�All or part of the Pmpetty,or a beneficlsl lntere,st in a truat owaing all or part of tbe Pmpe�ty�is sold or othe�wise -
<br /> � uansferred(othea than by devLse or descent)by the Bonower.end
<br /> _-_ (ll)'!he Property ia not occupied by the pucciseser or grantee as hia or her prtndpal residence.or tha piu�chaser or
<br /> � grant�e does so occupy tho ProPeriY but his or ber cxedIt hea not beeu approved in accordnucs with the requitetnents
<br /> of the SeaetAry.
<br />_�cs��::�.� �_
<br />-___- (c)No V�Aiver. if cacumstartr,as uccur that would pamit Lender W require i�nmediete pay.aent in fuq,but Lender dces
<br /> ��:;;%� not reqa3re such payanamis,Lcnder does not waive its righb a+ith respect to subsr,�uent events.
<br /> �;:�
<br />-- ?,'`� (d)R�gu9atloas ot HUD 3ecretary. Ia many circumsmnces re,gWaflona iss�ed by the Secretacy will lirait Lendcr's
<br /> =- � rlgLts in the case of payment defaults Oo requic�a immedfiaLe paynaent in full and fore�lose if aot paid'Iliis SecurIry
<br /> _���,� Instrament does not autharize aoceleration or fareclasure if aot peasniued by regulations of the Sec�emry.
<br /> --_:sn
<br />---1`� (e)MortBA�e Not Insured. Bomower egrees that shoWd this SecurIty U�stru�ent ead tbe Note securad theleby not be
<br /> —_� eligIble for Insureuoe unda tlse Nadonel Houstag Aet within 60 days from tho date hueof.Lendu may,e�is�opaa�aad =
<br /> •----�1 notwlthatanding enytdia8 ir► pa�ag�ePh 9. reQuim invaedlate payment ia full of all eums secured by tdis Socurlty
<br /> InsavmeA�A, writteA stetement of any au�hori�ed agent of tho Serretffiy dated subsequent to 60 days from tho data
<br /> .�= heceof�dccliaing w�nsuro this Security Inswment and the Note socured Wexeby.sball be decmed conclustve proof of
<br /> _- such inellgl63,Uty.No�iwlthstending the fongaing.thls opdon may n�t be axercised by L+euder whan the smaviitabllity of
<br /> insurar►ce is sokly dua w Lenda'a fdlura to rem[t a mongAgo Iosucance premtum w dia Socretary.
<br /> 10.Reia�tatemtn� Borrowa tiaa a dght to be rcinstated it Lender has roqufred immedietc paya�►t in t�ll ba�usa of
<br /> BaroNa'e fatluro to pay an amount due unda tha Note or this Sxurtty Ins�utt��t 'ltiia rEght applles even�fter foreelosura
<br /> - pioceedings am intsdwud.To reinstete the 3ecurity Inswmeat�Bo�rower sha�l tender in a lump sum all amounts required ea bring
<br /> Boimwer'e a000nnt cunra►t including.to the extcat Wey am obl�g,etions of Borrower uader this Securtry Ins�uma�t,tortelosuro
<br /> -- oosts and reasonabk and customary atwrneys' fees eafl ezpenses properly assaciat�d with the fonclasure procecding.Upon
<br /> ' reinstatamnt by Bomowa.this Securlty Inawmatt end the obllgadons d�at it seeures ahell remain in effact as if Leader had not
<br /> ceyu�red i�nmcdiate paym�nt fn fulL Iiowava. I.eada is not required m pamit reinstatemeat if: (� I.euda hag aoocpa�
<br /> ninst�ument aft��the commencenx,�►t of foreclagure pmceadin8s within two years immaliately procatUng the commemce�nont of
<br /> a currait f�oclosum pcocading. (i3) re�nent will proclude foroclosun on dlff�t �rounds ia the fauua. or (iii)
<br /> �taaeat will edve:sely affoct the pilodty of the lien crrated by diis Sec�uity Instrumen6
<br /> li.Borm�rer Not Rekase�di For6earauoc By Lender Not a Waiver. Bxtet�sioa of the time of paymerit or modificat�an
<br /> ----� of amart�€an af tke s�sns sccured by th�ts Sec�ciry In�ut gantet!by Lt�edt�t�a.�y suocessor in tnterest of Borcowar st�Si _
<br /> - not opeiats to i+elmse the IiabWty of the orlginal Borrower or Borrower's successor in inoerost Leader shall not be requiced u�
<br /> - commence psoceo�ings ageinst eny successor in fnta�est or rett�se to extend tUne for paymnat or otheiwisa modify emotizadon of
<br /> = the sums securetl by this Securlry Insavment by reason of any d�d made by the orlginal Honower or Bon+ower's success�ors
<br /> in Int�st.Aay forbearance by L�ender in exacising any right or remedy shall noi ba a wniver of or preclude tho eacercise of aay
<br /> _ dght or temedy.
<br /> _ _ ��4R(NE�t06061 Pap�t of A Initl�b: _
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