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<br /> t�efeind w in pua{raFh 2.or clbngc tNe 9ntamR af.suc6 payment�..Any oxcesc proceads aver an amau?nt.�equined�,�:#�,
<br /> � ' ontstaading indebtodness under thc Notc aad this Security Iasaamant s�hall be paid to tbe entit�r.tegaltX.endt2�tT�c+�o.,, -
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<br /> ; S.Fees.I.ertder-may coltect fees and charges authariuc�bg.�Sec�etary. _
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<br /> �.crounas ro��orn�. : . .
<br /> (s) De[salt. Lender may„eaapt as.liant�d by.tegutations.issued by the S�Y,in the.case.of�aymwas.defat�tt�:�,,, ::
<br /> raryin immadiate paymtnt in fuQ oi alt sums secureti 6y.this Securicy tnsCrurnent if:� •
<br /> 4i)B�xrower defautts by failiag w pay.�n full aa.y manttilyr PaYment required by this Socuric,�,�nsuument pri�r,u�ar,,;• �
<br /> on thedue date of tUc ne�mo�uhly pa�nent..or., '"_
<br /> � . (i�Boirower defaoits 6y failing, for.�penad of thitity days,ta perfrnm any oth�r obligations.contained in:�,t�is,;?-:.- `
<br />_ —�� SONiIty IDStR�#Z1C11t. •' --
<br /> =--_ � (b)Sak WIWo�E Cs�it AppEOVaI. Lende�shall,:_if_perRSitted�?Y a�sPlica6lc taw and.with the.griqt°appt?aval 9f�hcs:,,,::
<br />!:-;� Secretary.tequi�immediate paymenf;�n,full of all sums secure�tsy.this Security Instrumenc if. -.='-�_:
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<br /> , . f)All ar part of the Property;aFa�benefic"�x�interest in a�tiv�owaing:ali ar part.of thc,Property.���Isi:Ai:;;=...-` � ' _
<br /> atherwise transfetred(otfi�ittraal��evise.or'c�es�ei�)by the Borruwer,a�d.. - :' �;,.`:,�,Yi'`': . �
<br />- - (ii� 'i'6e PropertY i�.�'•:ac��d; �rY d�'.�az�aser or grantee as�6Fs dr hea principat �i.d�.:`���'.'.� —_-
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<br /> . ,` p�rchaser or giancee d�es sa�Y.QIe PropeFty��iut his or her credic has sroE been appravei�in aa�sr�'iirt�'imlt�tiie'-•;•` _—
<br /> , rcqairements of tbc Secc�._ " � _ . , . . - _-_
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<br /> ` � (c1 No Wsiver.If ciratmstancescaceur that;wouIci permit Lendcr to require iirii�ediate gayment it�fuU.biit,�;dnes �"""" -
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<br />� �'.^�.� not reqwre such payments.�ider does no�waive its rights witb respect co snts�uent events. , : ._ ' �-��-'_
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<br />, f (� Regutatiuns of HUD Se�. In mm�y•circumstances regulations issued by the.Secretary.will liaiix.��i;'� � -
<br /> ���` C . rights in the.case of payment.defauIts to rrequire immediate payment in full and fareclase if not paid..'i7�s Secuqry, �`' _
<br /> . '�` - Instrument does not a�cFize acce��ation ot for�stasure if not permitted 6y�'ations of the Secretary. .=�'<.�.�
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<br />� ' ''` ' (e)Moetg�ge NoE Insuned.�3acrawer agree�tts�c s.�ould this Security lnstrument and the.Note secured tls�i�y.nnt,be_ . ,.:�"�`-�=_
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<br /> � ;:•,: '". eligible for insurance under the I�iae�:a!I�Iotuir.g Act within 60 days fmm the date hereaf,.Lezider asa3�;at its,opt�qn;,,
<br />,. '� ` and notwithstandi �anything in paragraph 9,r sre immediate a ment in full of all sa�s�cured 6 :�his Securit �'�"�:_
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<br />- Lutmment. A written�atement of any autharized agent of the Secretary dated subseqcc�t e3�0 days��rcra:the.dafr:i� :-w�•--,...
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<br />; ..,�•. � ,-�.�, ; , hereof,declining to insure this Security Instcumen.t a.-�the Note secvred thereisy:sha116e de�ned criiic��ire pr�af a�'„ :;..;;�:'; "':-
<br /> `�' - • � such ineligibiliry. Notwithstanding the foregoing,t�iis optian mc,� not be exercised by Lend��fien the uiszvailabilitu,•� �:.;:,��;..;-.
<br /> -f'' ��, ' of insurance is sotet due to Lender's failure ta remit a mart ^e:nsurancc remium to the '�`�'' �
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<br /> ��;r,;:�dr .t• 4 10.Reiastatement. Borr�wer has a right to be rein�tated if l.ender has required immediate payment in Culi i:acaus��of , �
<br /> f�Y,° ' Borrower's failure to pay an amavnt due under the Note�r this Security Instrumeni. This right applics even after forec�osare � 'z
<br /> �s;' proceedings are instituted. Ta seinstate the Security Instrument. Barrawer shall tender in a tump sum all amourtt�G requued to ' �:����s:� ''
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<br /> � '' 'Y� bring Barrawer's account current including, ta the extent they are abligatianc of Borrower under this Security ln�trument. • ' �,'<<._
<br /> . -'.'-:� fnreclosure coscs and reasona6fe and custars�y attomeys fecs and cxpen� pu�perty aswciatect with the:foreclosure
<br />� � _ � �j.� .,�: .: proceeding.Upon minstatement by Borrower,this Security('nti�rumenl and the obligatians thaz it cecures shal!rezna,��in effect _
<br /> , 'as if Lender had not required imrr;ediate payment in full.Hoa-ever.Lender is nat required ta permit reinstatement if`:r i>Lender .
<br /> ° `". �'�' hac aeeepted reinstatement af[er the eommencement of farectusurc proceedings within twn yean immediatefy prcr�eding the • , j
<br /> • cam�nencement of a cuncnt forectosure proceeding. (ii1 reinstatement �vill prwlude faterlasure on different grau� in the � ~�
<br /> �`!j:� future.or(iii)reinstatement wit!adversely affect the priarity of the lien created by this Security Instrumau. . .,.� :`,`�r;,�
<br /> ' 11.Bosrower Not RekaseQ;�oet�esmce By i.cndes`ot u 1Vairec.Extenyi�n of thc time of payment ar mcrlifscation of -� "i:'`% ' _
<br /> • ;::f' amanization of the sums secure4 by thi�Security lnstrum�nt granted by l.ender p>any�ucce.rsnr in interest ot'8orrower shaq , ��.�-�:
<br /> ,?: not aperate to release the liability�f the origi:-.`t Banc�uer or Sarrawer'.�ucc�w�c+r in intcrest. Lendcr sh�tl nrn be required to '�
<br /> • , ' • �"''�.� � cammence proceedinss agAinst uny succes�.cr in intere�t or refu�c w cxlcnd timc for p:�yment nr othcrwise modify amorti•ratian ' i '" '
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<br /> �°t���° ' '�'••;, of the sums secuted by this 5eeurity Instram�t.by r�.�uo of any Jem�nd n�ade by thc original Botrawer or Borrowet's
<br />'" �:��k;,.?_�;' . successors in interest. Any forbearance by Leadc�in��crci�ing�n� right ��t remedy �hall nnt be u waiver of or pr;c{uda the
<br /> ���"'r ��• "'� exercise oP any right or remedy. �
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