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<br /> .,•:,�- " rcfcrracl w in aru rn h 2. ur chungc thc umuunt��f�uch p•rynkntti, Any rxcc��pnkc�til�ovrr an unwunt rcyui���l tu paY+�11
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<br /> wau���,���' ouuwndin� indeMeJness ur�der lhc Note und this Securily Instrumcnt*hull ho puid t�►1{��rmi�y Icgully cn�idul ihercw.
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<br /> ' "'�'� � g,Fees,l.cnder moy collect feey anJ rhar�ex uWhuriud by thc Secr�tury.
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<br /> , •b .. . � . . 9.Groundr i'ar Accelention of�bt.
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<br /> .: �,-�",;:.'---.t (a) IkYAUIt. Lender may. exc�pt ur Iimi�cJ hy rcgulation�i,tiacYl hy �hr ti��.rrwry in the cu+r of payment Jeluu ts. � � ._
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<br /> , � • � require immediute puyn�en�in 1'ull of ull+ums u�ura!hy�hi,S�;curity In��runxnt il':
<br /> -�: �� •�''• �i►Borrawer defauUs by failing to pay in 1'ull •rny monthly puymem reyuind by thi�Security Instrununt prior iu��r —
<br /> �,': w ' • on tMe duc date af the next rm►nthlY p;►Yn�m.c�� —
<br /> x••, (iil Be�nuwcr defaults by failin�. 1'or a p�ri�� ol'thirty duys, tu pe�fi�rm uny other ut+liguti��n+cuntuin�x! in lhis
<br />. , •-��,.1.r.L. .�<a• Security Instrument.
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<br /> :r • ,��. (b)Sale Witlwut Credlt Apprn:al. L.ender shall, if permiltcJ by applicublc law und wiUi the prior s�pprovul of the �Y _
<br /> . ° • ,;, Secretary. ��eyuire immcdiute puyment in full of ull sums recured by ihix Security In+tniment if:
<br /> �.�'. � n li1 All or pan of the Propeny. ��r a tmneficiul interest in �trust uwning all or pan �,f'the Pmpcny, ic u�ld or --
<br /> � othenvise trunsferrullother Ihan by dcvise or dcsccnq by the Bc�rmwer,And ��
<br /> � j � ,� �• lii) The Propeny is not occupied by the purcluuer ar gruntee u+ hi+ un c�r principal re+idence, or the �i.,^��
<br /> °•�' ''; purchaser or grantee d�xa so occupy Ihe Propeny bW his ar her creJit hus not been apProveci in uccordunce with the
<br /> ,. • rcquireme�Kc nf�he Secretary. �"4 "
<br /> • :s�'��',:,.,•� ' f circumtitances occur that would permit Lender u� reyuire immediate puyment in full, but Lender� i
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<br /> „. _ , � `��"'•'��'• not reyuire such puyments,I.ernkr daes not waive i�s rights with respect lo subtiequent events.
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<br /> . � • • ; �� (d)Regulalions ot HUD Secretary. In many rircum�turxcs regulutions irsucd by �he Secretary will limit L.etwlc�'ti �,�,,�_;:
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<br /> • ' ribhts in �he cusc af payment defaults to reyuire immediate puyment in full and ti�rerlose if not paid. This Securiry ___-
<br /> " Inururnem daes not uwhorize acceleration or foreclosure ii'nnt peruiitt�d by regulatians of lhe Secretary.
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<br /> (e)Mort�;age Not Insured.HoROwer agree�that should this Security In,trumen�und the Nate secured thereby n�u be '°"°�T� •;_-
<br /> � � eligible f'�r imurance under the Nutionul Hautiing Act within GO day� 1'n�m the Jate herei�f, Lender muy. at itx option ��---�.-
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<br /> . , unJ notwiihstunding anything m purug�uph 9. reNuirc iwuu�iiate paymcni in!'u!!«f a!! sum••e�•����d by thi�Sc�ur�ty _5:_`�.::
<br /> In+trumenl. A written statcmcnt nf uny authorir.ed •rgent uf thc SccreWry Jated�ub.cqucnt to 60 day�frum the dvtc _
<br /> � ° hercof,declinin�► to insurc this Security Inxtrument und Ihe Nutc uwreJ thcreby, rhull ix:d��cmed c�mrlusive pnM�f of ��:';:' : _,+
<br /> , �uch incligihiliry. Notwith.tunding the ti►re�uing. thi�option muy iwt hc cxerci�ed by l.ender when thc unuvuilability '��.�,.:._'
<br /> of insuruncc is xulely duc«�L.cixler's i'ailure to remi�a murlFu�te in,urunce premium to the Secretury. ;. W`-t--
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<br /> • 10. Relns�tatement. &�rr��wrr hu�a right ta Ix rcin+tut��l it'I.rnJcr ha+ reyuired immeJiutc puyment in full t,�rausc uf
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<br /> ' " B�muwer'+failurc iu pay an am��unt duc unJcr the Nutc ur thi� Security Instrument. This right upplie,evcn after f��reclntiure _
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<br /> pnxe��ling,ure in+iitu�c�. Ta r�in,tutc thc Security In�trumcnt. H��rruwcr shull tcnJcr in a lump�wn all amount+ reyuired tu �
<br /> '" , brin� &�rrowcr'+ urcnunt �urrcnt inrluJin�. iu thc cxtcnt thry arc obligati�m+ nl' &�rrowcr under thi+ S��uriry In.trument. �T1`� �--
<br /> ' tiireclosure ����t.r •rnJ reaW�n•rblr unJ ru.tamary au�irney,' I'ce. �nJ rx�xn�c, properly ati.�xiutcd with the tiireck�sure ,�:,.�__=.
<br /> pr�keeJing.Up►n n:in+tutcmcnt My e�irmw�r. thi+Scrurity In.irunxnt and �hr uhligutiun.thut it,ccurc..h�U remuin in effcct w�;�` •:_--_
<br /> us if Lender h�rl n�d reyuiral immcJiutc pu}•mcnt in iull. How•r�•rr.Lrnder i.n��t rcquireJ tu permit reinstutcmcnt if: li/ l.ender
<br /> � • iw� uccepted reinstutem�nt uiicr thc ci�mnuncetn�nt of ti�rcrlu.ure pnkccding, ��•i�hin twu yean imnuJiutcly preccding the i
<br /> �� � commencement uf u �urrent tirrcclusurc pnkccJinE. �ii1 rrin�tatemrnt will prcrludc forrrlu,urc un Jil'fcrent graunJ+ in the :- - ___
<br /> � " ' 1'ulurc,or liiil rcinslulemrnt will udvrr.cly altcrt�hc priuri�y uf�hr lirn rrcuted hy thi.Scruri�y lnstrument. •, - ..
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<br /> 11. Wirrower Not Rekau . ow�r tih•rll
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<br /> " vnk�niu�ti�m af thc+umti +c�ured hy thi. S�ruruy h�.irumcnt gr�ntcJ h�•l.�ndcr a�any.uc«..�r m r:,.�:_ -..
<br /> � ' � nnt��peratc tu rcic•rtic thc li•rhility��I'thc�+riginal Burrawer ur B�xn�wrr'. .ucrc..ur in imcrc.l. Lcndcr�hull nut he rcyuir�•al tu �,.-.� :'�.--..
<br /> commcn�c pr�xc�-�linga uguin,t any.urcr.,or in int.r�+t �,r rcfu,c lu rxt�n�l linm t��r paymrnt�,r��thenvi.c m�xiify anHntitation
<br /> �. - af the �um� ,«ur�� ny� �i,�, S�curit) In.In�nxnl hy rra,�m ��I anr dcmand maJr In thc ��riginal &�rc��wcr ur &►rniw�r'. i.
<br /> .. ,u�cc.+ur,in int�rc.t. Any ti�rlxaranrc h�• Lrndrr in�trrci.in� un� riEht ��r rcnu�) •h:dl n�n iu a ��ai�rr nt'��r prccludr ih� F
<br /> cxrrciu��I'any right ur rcnkJy�. �
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