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<br /> � ' � ~ paymenta,which w�e rcfemed to in ParugrnPh 2, ar chnoge the umuunt of tiuch puymcnts. Any excc�,pnx:crd.uvc�un --r-
<br /> ` amountreq uired to pay ali outntueding indebtednexs under Ihe Note and Ihix Secunty Instnimenl xbull tx:puid la the entily
<br /> k�ally entitled thereto.
<br /> � .� � � • 8, Fe�. Lender mny collect f'res and charges uuthorized by the Secre�ury. �� �== -,�
<br /> + " � 9. Grounds for Accelerallon of Debt. ��•.!_;-_;� •-•-`�'��J-
<br /> (al Defaul� l.ender may,except us limited by regulutions issued by�he Secretary in tt�e cu`c uf puyment defauh�. �
<br /> - � �equire immediate payment in Pull of all sums securcd by�h iti Security Imtrument if: — __, r�,. .
<br /> • ° '� (i)Horrower defnul�c by f�iliog ta pay in full uny monthly payment rcyuired by thi+Sccuriry Ins�rumem prior `�. •
<br /> ° � ta or on�he due dute of�he next munthly puyment,ar ,, . ...
<br /> (ii)Borrower defaults by fAiling,for a period of thiny d�ys,to perform uny oeher ohligoiiom contuined in�his .,,.
<br /> �n:. -
<br />_ ° Security Instrument. -- -_
<br /> :.
<br /> - • -- ------- - (b!Sple Wlthout Credit Approval. Lender shall.if rerm i aed hy a�plicnhle law And with the prior uppruval of the T
<br /> �• Sxretnry.rcyuire immediute puymern in full oP All the sumti�ccurcd by this Security In�:tnrncnt if:
<br /> fc
<br /> (i)All ar part of the Ptopeny,or y beneGciul interezt in u trust owning ull ar��+n oF �he Rro�ny, ix sold or �;,;�,Q��
<br /> ahcrwise transferted(ather thun by devise or Jescent) by the Botrower,und ---
<br /> (ii)The Propeny is nut accupied by the purchax.r a�rm►tee ax his�u her�xincipul re�idence,or�he purchaser �,,.4;,;- _
<br /> ar grnntee does so cxcupy the I'ropc:rty bu� his or her crrdit ha. not been appmved in ucrnrdance _
<br /> � wilh the requirements af thc Secretary. �
<br /> Ie1 No Waiver. If circumstances accur that would permit lAnder to require immediute payment in full,bul l.endcr —
<br /> ' does not reyuire such puymentx.Lender dce�not warve iis rights with respect ta xub�quem event�. �„:.�_
<br /> ��• �d►Reguladons ot HUD Secretary. In muny cirnumstanres regulutianx issued by the Se�r��ary will limi�Lender is �;°_t:_;�
<br /> rights, in �he ca+e af puyment defaults, ta rec�uire immediate payment in full und toreclosc if nat Puid. Thiti __
<br /> ' Security Instrument doe+not uuthorize Acccleruu�m or(arrcbsure if not pertnitted hy regulutions of the Se�rctary. � _�_�___
<br /> , le1 Mortgage Not Insured. BoROwer agrees that should this Securi�y Insm�ment and the note tiecured thereby not _
<br /> " be cligible for insurunce under the Nalionul Houtiing Act within 90 DAYS from the
<br /> � '°
<br /> ' date hereof,Lender muy,ut it,op�ion:u�d notwith.t:+ndin�mything in P�uugruph�).reyuire immediute payment in _
<br /> full of all xums secured My thix Securi�y In+�rument. A writlen slutemeM of any uuthoriaed ugent�f the Secr�etury =-_
<br /> dated subseyuent to 90 DAYS from the dule.hereof,dec lining to inxure�his Security �,�,;�,�..��
<br /> Instrument smd the nole+ecured themby,xhull be Jeemed conclusive prcxif of such ineligibility. Notwithstunding __ _
<br /> the foregoin�, this option muy nrn he exerciaeJ by Lender when thc unavs�ila�ility of inrurunce i�solely due to � ��
<br /> Lender�fnilure to mmi�i�mortguge imurunce premiumto the Sccretury. -
<br /> L0. Refnstetement. Barrower hu+u ngh� to Ix:rein.�uted it'I.endcr hus required immediate payment in full becuuse
<br /> of Barrowerl fuilure to puy un umount duc under the Note ur thiti Sccuriry ln�lrument. This nght upplies even ufter ;
<br /> =—_—-�
<br /> f�r!�I�cnre lm,ceedings ure instituted. To reinstute the Securiry Instrumem. Bi�rrower shull knJer in u lump sum All t-:
<br /> • umourns rea�uired to hnng Borrowerti uccount current inrluJ�nE, tathe ex�em thcy urr ui,ligatian�nf Sorroxec under!lsis - --_
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