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<br /> �� „�. .„ v rcfcrreJ tn in prrpgruph 2,or�hungc thc unu►unt�.f suwh puyirwn�+. Any c�,ccti�pnx:ced� ovcr an �aiount rcquircJ tu ps�y
<br /> �T� . . a � , outwandinQ indebtedness under the Nate and this Sccu�ity In�trume�t ahull bc puiJ tu the entity Ic�{uily en�Uled thcn:to.
<br /> �".'��`�''�'''"��'�'� �,„' g.��es. Lcrulcr mu rnllert fi�ex uncl charges uWhorixed by the Se�:retury.
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<br /> _�t•`�;�=-:.:r�:.' 9.GroundQ for Acceleralfan of Debt. —.F�-
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<br /> ;�,;;,,,��,�;;s,;�'�; o (p) Deftault. L.e�uler muy. except us limitc.rl by regulutiung iti�ueJ by thc �:cretury �n�b�ru+.e ol' �iaym�:nt Jcfaults. - --
<br /> , •�."•• �. •• {• '�, . r�uire immediute puyment in full of ull sum�u:cured by this Security in�trument if:
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<br /> ' �� fix_�,._.... ' (i1&�rruwcr dcfuults by fuiling tn pny in full nny mu�thly payment reyuir�l by thiti Sec:urity In�:trument pri�u w or �_ __
<br /> �►n the due dute of the ncxt monthly paymen[,ar �'��''''_
<br /> _._-v�s� ,��::;:..�':,�:^F.. ,r.' �,_..:.
<br /> :r� .� . (iil Borrawer defAUltx by fafling, fiir u perfod of thiny days. to perl'arm smY uther obligation�. cantained in this �;;.
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<br /> '-"� .'... .. " . . Socurity Instrument. -_-�
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<br /> (b) Sale Wlthnut Credit Approval. I.ender shull, if{�rmiued by uppliruble law und wich the pri�r uppraval of the _ ___
<br /> • . • •� S e cret u y,rc quirc immediAte ps�yment in fuU uf ull sumx,ecured by this Sccurity Instniment if: w= __
<br /> ' (il All or pvrt �t'the Property, or a beneficial interest in u trust owning all or p:ut o f t hc Pmperty, is so l d n r . .,l;.,.�.�,�
<br /> othenvise trs�nsfened lother than by devis�or descenU by the Borrower,and ; ';'�:'t_�-
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<br /> � ,, (ii1 The Property is not accupied by �he purcha�er or @rontee ux his or her principal residence, or the 'r'' ; •':''=�;,_,__
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<br /> � '� : •� purcfiascr or grnntee dcxs so occupy the Pmperty but hic or her credit hos not been Approved in accardunce with the ;�'�,.,�;;•-�•V•,;ri.a,�_
<br /> . . , ::. .':.:;;�:'�� reyuirements of the Secretary. ft _ .-
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<br /> �4 �� = 5 .,, j ';': (c) No Walver. If circumstances ixcur thut would permit I.endcr t��reyuire immediate paymcnt in full,but l.ender does ��, _ .
<br /> � �i '����';'.�,,";��. �,:.,��r,,,'.., not require sucb payments. Lender dces nat wnive its rights wiUi respect[o subsequent events. . , _
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<br /> •:.,� . .. (d) Re�uletbns of HUD Seeretarv. In many circumstances regulatianti i.tiued by the S��cretary will limit l.ender's -;,�i�'_..�-�
<br /> • � rights in the cuse of payment default.to requ�rc immeJiatr payment in full unJ fiireclutic if not paiJ. This Securiry �.."_�4
<br /> • � Instrum�nt doe�nat auth���ice acceleration or forecic►sure if niit permitted by rc�ulutions of�he Secrewry. r. 1;:-.
<br /> (e) MortgaRe NM In.sured. &�RUwcr r�rcc+lhut.FH�uIJ Ihi�Sccuriry In.trum�nt •riKl �he Nnt�ucur��l thcrchy n�n hr � _
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<br /> __- ....'—",' cli�ible fnr in�uram•����n�lrr thc Nntiunul Huusin�Art w�ilhin 60 duyti I'ram thc Jutc hcre��f.Lci�lcr nwy. ai i���►ptiun —___-
<br /> � - und n��twi�h,rrnJing unything in purugraph 9. rcyuin inmicdiatr paynknt in full ul'nll+unn .erur�J hy Ih��lrcurity � _
<br /> � � In�trument. A writtcn +wtcmcnt ��f uny uuthuriicd aErnt uf thr Srcrr�ury duicd tiuhtityu�nl lt�h0 Jayti fmm thc da�c
<br /> � � her��d. Jcclining tu imurc thi.S�curity Inti�rumcm und tlic Nuir +crurcJ thrrcby. +hull Ik J�w mcJ cun�•lu.ivc pr�H►1'uf - - _v�:
<br /> � tiuch incligibility. N�nwith.tanJing�hr I�+rcEoin�:.ihi, u�iun may na� Ix�cxcrci+eJ by l.cndcr whcn�hc �nu�u�i�n�i��y� ''�Kr ..���"
<br /> ol imuruncr i.r wlely due to Lender's I'uilure tci remit u mon�agr imuiunee premium���the Secm�ury. ,`i.,•.•�y
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<br /> � 10. Reiactatement. Burr��wcr hu�u right to tu r�in.t•ried if I.cndcr hu+ reyuir�Yl immcdime puymcnt in full fxxuu.c ul' ' ..�:,���."
<br /> Burrowcr'r failure to r en umoum duc undcr th�Nutr or thi+ Sccuriry Intitrument. Thi�ri�ht upplicti cvcn rftcr li�redosure �';R��..� �
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<br /> ' pr�xcalingti ure in,titut�J. T�� rcin+tatc th�Security Instrumcnt. &�rrower�hull tendrr in u lump �wn all umnunts reyuir��d to ''.,.;.;��,��;";_._
<br /> ' bring &�rrciwer's uccaunt current incluJing. to the extenl �hcy arr ��bli�utiuny ul' &�rruwer umier this Security Instrument. _
<br /> tiircclosure rn�ts unJ rcr,onahlc und custumury auorncy+' 1'cc+ and ex�xn+c� pni�rly u,wciatcJ witl� Ihe fi�rcclosure �•'�
<br /> pr��ceeding. Upc,n reinstatement My Burrower,thi� Security In�trumrnt•rnd thr ahligaiiun,ihut it��tiure,�hall remain in efiert . �r..�_
<br /> �' � as if Lendcr had nnt reyuired immeJiatc puymcnt in 1'ull. H��wcvrr.LcnJcr i�ni��rcyuired�u pennit rcinytatemcnt il': Ii1 Lcnder .;,.• . •±.k.
<br /> hus accepted reinstutement after thc c��mmenrcmcm of fi�rcrlosure pnxecdingti within two yearti immediately preceJing thc '..
<br /> •� • commcncemem of u current fureclu+urc pr�kceding. (ii) rcinstutemcn� will prcrluJc liircrli»ure un differcnt gmund� in the ::p;;,.;_,_
<br /> ' ' fuwre,or 1 i iil r�instutenxnt will adver,ely aff�ct the pri�,rity��I'thc lien crcateJ hy thi+Serurity In.trument. ":��i��;_:__
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<br /> . . Il. Bormwer Not Rel��used:Furf�earance By Lendcr Nut u Wuiver.Fxtcn.iun uf thc time��f pu��nxnt or mixlificution oP ��f,�:��";z��:
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<br /> ' unwniraitinn ot' �hc tiwn+.ccurcd hy this Scruritp Imlrumcnt granlcd My LenJrr ta any�urre+tinr in interert��f Barruwer shall ..:.��-_
<br /> nnt uperale to relca,c thc liubiliry ol'the i�riginal Hurruw�r�+r Burmwcr'�,urrr+���r in intcretit. I.�ndrr shall n�K he required u� '-�,
<br /> • rnmmenre praceding.uguin.t any�uccc,s��r in intcrc�� �rc rel'uti�a� extenJ timc ti�r pa}•nunt uroih�r��itic mi�lil'y anwrti�utiim ^
<br /> . of thc �ums�e�urcKl hy this Scrurity hislruntcnt h�� rra�an ut'any dcmand maJr hy thr ��riEi nal Dnrri�wcr ur &irruwrr'.
<br /> � succc++or� in intcrc+l. Any fiirtkur•rnre hy LcnJcr in ex�rri,ing an>• righl or rcmcJ�� ,liull nut h�a vvuivrr ul�►r precludr thc �
<br /> ' excrri�c o1'any righl�►r remcJy. �
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