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. . . .�'"�.... .. ��. . <br /> -. i .�... . 1. _ ..__. <br /> . -�. . <br /> . ,..:.r. ''—_' <br /> ., .�-.. .,.-.l•"„•""' � • _����.�.�(�� _ . __�_ -. . <br /> x��y{ .I�IItlWI(I�Y�iY�� . ..... .. ....'_'"'__'__—"_'_---_-"_—__- <br /> .. <br /> r.. <br /> .. . � ..•�. � "' }5:..._ - _ ' _' - <br /> ...__ _�_... _.:..:'�:' <br /> ,-.. . .... <br /> dbi�3l f ,''_'��---_-_ ._.. -. <br /> ..__.. .._.... . . . ... ..... .... . ... . . <br /> t��R� <br /> �R. �I�i�'�3� . ��"" �.U�e�� -- <br /> rcl'���cd tu!o ��:u•as��:s�f► �, ur c(eu��,te �he cmiseunt��f suet��:�y��tcni�. I1rtiy r.xcess peaccedti ovee nn amuunt ecyui�•cd to pay nll �;. <br /> outs;nncllug incicltiteciness under U�e Nat�cind Ihis Se:curiry lnstruoient sl�«II lze p�td co tl�e cnilty legi�lly cntittcil olicsct�. <br /> 8,I�eeH.I.axler n�ay coflect fccr uixl ci�urgey uutlwrized�y the Secretury. <br /> 9.Cmund�for Accelenllian oi ucor�. ° <br /> (�) uef�uii. i,enaicr u�uy. c�t�N��.; !;�„:�!�r r.e•_l���^"° �a�„Ht hy it�e Scx:retery in the case uf payment doi�eults, ` <br /> reµuire Immecllata ptaynknt!n tLll uf all eums r�ccurec!by this Sccurlty 6istrument if: <br /> (i)Hnrrower defaultx by failing to pay in tuli uny mamhly pay�ixnt rcyuired by this Securiry Instrurrwnt prtur to or <br /> on thc due dato of tho�x;xt monthly puynunt.oc <br /> (ii) Borrower dcfaults by failing. for t+peri�xl of thirty duys. to perform any other obUgutions con�tuined hi this <br /> Securlty[nctrununt. <br /> (b) 5de Withrwt Credit Appruv�l. l.en�cr shall, if permitted by applicubtc law sr►d with ciie prlor approval of�he <br /> Stcretnry,require imnxdiate puynunt in fufl of all sums secured by this Security Instrument iP: <br /> (i) All ar pa�t of thc Praperty, or a bencficial intcrest in a tnist owning all or part of the Property, iN sold or <br /> otherwiae transferred(other tha�by deviso or desctnt)by th�Borrower. and <br /> (ii) 'The property is not occupied by thz purchaser or gcanta as his or her principul residence, or the <br /> purchuser or grant1x dce.q so occupy t��e PioF;e�.y but his ur har credit hrs nQ+i lxtn en�mved in accordance with the <br /> raquiremeuts af the Secretary. <br /> (c)Nu WatNer.If clrcumstances occur that would permit l.encler to require immediate payment in full,but Lendcr does <br /> not require such pay►nonts,L.erxler dces not waive its rights with respoct to suyuaquent events. <br /> (d) Regulptiona o[RUD Secretary 1n manY circumstunces regulations iss�nd by the Sxreta•ry will licnit Lender's <br />� rights in the case of payme�t dcfsults to roquire immodiste payment In full and foreclose if nc�t paid. Thls Socurtty <br /> Instrument does not authoriu acceleration or foreclosure if not permitted by rogulations of the 5ecretary. <br /> (e)MoctgAge Not Inauned.Borrower agrers that should this Security Instrument and the Note securcd then;by nat be <br /> . ellgible far tiisurance ur►der ihe raiioi�nt n�:s:rg��i�:t$lst�:1.°is ft^m t,]�P�Intr.hereof, L.ender maY.at its option <br /> ; and notwithsianding enything in paragraph 9, require immodiate puymcnt ln full of all sums seC{►red by this Security — <br /> , Instnrment. A written statement of any auth�rized agrnt of the Sectetary dated sutsscquent to 60 days from t�+� datr <br />� hereof,dxlining to insure chis Security Instrument and the Note secured thereby,shall be deemed conclusive peoof of <br />` such ineligibility.Notwitl�standing the faregoing, this option may not be exercised by I.endtr when the unavailAbility <br /> � of insurance is solely duo to Lender's failure to remit a martgage insurance premium to the Secretary. <br /> y 10. ReinetateYUd�t.Borrower hus a right to bc rcinstatat if Lendcr hus r�quind immaiiato paymcnt in fuU bceause of <br /> Borrower's failuro to pay an sunount due undtr the Note ar ttiis Security Instrument.This right upplles even aftes foraclos�arG <br /> proceedings wr tnstituted. To reinstate the Saurity Instrument. Barrower shall tendcr in a lump sum all amounts txquired to <br /> bring Borrawer's acco�nt current �ncluding, to the extent they are obligations of Boxrower under this Security Instrument, <br /> • foroclosuce costs ard reasonabQe and customary attomeys' fas and expenses pmperly associated wit�� the foreclosure <br /> '` prooeeding.Upon rcinstatement by Horrower,this Security Inst►vment and the obligations that it socures shall rem�in in effoct <br /> " as if I.ender had not requirod immediate�uyment in full.However,'l.ender is not cequircxl to permit reinstatement if:(i)Lender <br /> - has accepced reinstatecnent aker tha conunence�nent of foreclosure proceedings within two years imnxdiately precroding the <br /> � commencement of a curnnt fora:losure praxoding, (ii) reinstatement will prcclude foreeiosure on diffennt grounds in the <br /> .fuCu��s,or(iii)reinstatement will adverscly affect the�riority of the lien creatai by this$ecurity I�utn►ment. <br /> 11.Borrower lVq��telwed:Forbeprsi►x�e 8y Lender Not a Waiver�tixtension oi thc time ui payu�ui or�-�::�i�a::oi:a` <br /> atnortization of t}�sum�tocnrad by►his Security instrument granttd by Lender to any succcssar in intetest of fbrrowor shall <br /> not operute to release the liabiliey of the origlnal Borrower or Bonower's successor in interest. Lemier sha�l no¢be roquired to <br /> commence proc�xdings agttlnst uny svccessor in interest or refuse to extend time�or payroent or otherwise��odify amortizsti�n <br /> of the sums sccurod by this Sexurity Instrum�nt by rcason of any demand madc by the originat Rarre�var or Borrowcr's <br /> successors In interest. Any forbearance by Lender in exercising any right or rcmedy shall not be u waiver of or preclude the <br /> oxercisc of any right or remcdy. , <br /> ��4RINF.1 Pp�4 0l B <br /> � � ' . <br />