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' —_ _ _ _ �:_.'— — ..._ _'—_ iR� • s�-�o�� - ti!AU ur��t uf Uu Pr��tty',ur a txixfici;il intere.t in a tN.t uwn�ng:+II o� p:ut ot'thc Praperty. i,wd� ur Wlxrv��ik I��n�ie�r��l(ahcr than by dcvik or�kxrnc).rnci �ii1 Tik Pmperiy i� ixK �k:ipi��1 hy �tk purch�.ccr ar �rantrr;u his a� ix r pri�kipi! r.�id�na, rr tik _ purciu�cc� or �t�wucc d.�cs G� �kcupy th.: Property twt lii+ u�• tur �r�dit h�. aut b�tin approvN iit w�or�txe wich tfk rcyui�nwni�uf the Snrztai}'• - lc) l�o�:'�1cer. lf circun�tai�s ckYUr that w•�wld �xmiit Lcixk r t� rcyuirc imnxtiliate paymen� in full.6ut Lctxicr Jocc not n�{uirc curh paymcnts.L.cndcr does not v.•�i��e its riFhtc with re�pcct ta wbscyucut c�•ents. (d) ReRWittions of FIUQ 5t�et�etary. In n�►y circunutances rcgulations izsueci by the Secret�ry will limit La�de�x rights, in the case of'payment defuults, to require imnudiate payn�eat in full and forxlo.se ii not paiJ. This Securiq� inutun�ent does r�t authoriu:x�celeration or fw�eclosurc if iwt permittad by reguiations oi'chc Scrretary. (e)riortQaQe Kot Insured.Borrowe�agrecs that if this Security Inctrument cuul the Note are not deternuned ta be eligible for insurance under the National Housing Act within 60 deys from the date Fureof, l.e�ider n�v. at its oetion. ►-equire inunadi:ue payntint in full of�11 sunu secumd by this Security lnstrument. A wrinen statement of any authoriud agent of the Serreeary d�ted wbsequent ta 6U days from tnc datc nereof. declining ta i�.cure this Security Instrun�ent and tt►e Note. c}�ll be deemeii conclusive proa�i of wch ineligibility. Notwithstanding the for�going, this option n�y not bc exerciuxi by Lcndcr when the ut�vailabil�ty af insurance is solely due to Lender's failure to remit a mortga$e insurance pmmium to the Secrctary. 10. ReIastAtement. Borrow•er has a right to bc Teinstated if Lencler has required inunediatc payment in fall bec2use oP Botrower's fuilure to pay a��mount due under the Note or this Security Instrument. This right appiies even after foreclosure pn�ceediags are itutituted. To n:ins�te the Security Instntment, Barrower sl�all tender in �+ lump sum all �naunts requirod w bring Borrower's account current including. to the extent they are abligations of Borrower under this Security Intitrun�ent,foreclosare costs and reas�n�ble and customary attameys'fees and expence.v properly assoeiate�9 with the fiuectawre proceeding. Upon reic�.ctatement by &�rrower, this Security Ins�rum�nt and the obligations that it secures shall rc,main in effect as if Lender tiad not required iinn�ediate payn�tu in fWl. However. l.ender is not required to permit rei�utatement if: (i) Lender has accepted reinstatement after thc mnunencement of foreclosure proceodings witFeia two years immediately preceding the commencement of a cumnt foreclosure proceeding, (ii) reinstatement w�i�6 preclude foreclosure on different grouttds in the future, or (iii) reinstatement will adveruly affect the priority of the lien creasdd by this Security Iiutnut�cYt. 11. Bor�nwer Not Relea+ed; ForDear�nce By Leudef Yot a Walver. Exteiuia�ra of the time of paymtnt os modification of amortization of the sums securod by this Securiry Inctrument granted L�y Lender to any successor in interest of Bonou•er sl�ll not operate to release the liability of the origina! Borrower or Borruwer's sua�essor in _" ' j11ItIL5[: L.p1tQCi'511.7i�roI oC�yuttw'iv i.vuunww.v Yivti.wiiiaa:.g�:ss:L..:A� e.t:�-_�••� :�irc�erst nr�rfi�ee to.eYta�d . - - time for p�ym�nt or otherwise madifY a�nortization of the sums secured by this Security�nscrument by re�+aon uf m�y demasr3 n�ade by the original Bottower or Borrower's successe�rs in interest. Any forbearsmce by Lender in oxucising -' any right or remedy shall not be a waiver of ar preclude the exercise of any right or reme�.`�. i2.Sucasso�s and A•�igm Bound:Jo6rt and Several Lis�iWy: Co-SiBAa�s.The co�ccwnts �nd agrcemencs of this Security tnstrumau sha11 bind and benefit the sucoessors and assigns of I.ender and Borrawer.subjxt to che . provisions of Qaragraph 9(b). Borrower's covenants and agreements shall be joint 3nd several. Any Borrower who casigns this Securiry Instcument but does not execute the Note: (a)is co-signing this Sseurity Instrument only to mortgage,grant and oonvey that Borrower's intcrest in the Property under the tcrms ot tbis Sccuriry Instnunent; (b) " is not personully obligated to pay[he swns socurod by this Security Instsument; and(c)agrces that Lender and�ny o;t,ec�.�owcr may agree to extend, mxlify, forbP�r or make �ny accommod�tioros with regard co the temis oi this ' ' Seeurity Inctrument or the Note without that Borrower's consecu. . v.�sors �