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<br /> _ .rda,na to in p�p6 2.or a�pe i6e�of s�d,paymap�s.Anyi`eaass pnxeods.over w.u,ount eequino�u p.s►.�i
<br /> , � o�dbedin�iadeb�edoees under tl�e Na�e�rd tAis Se,w+iy►Imt�ac abaU 6c p�ic�to tUe�Y�ty aMlttad tl�ew.
<br /> i.Fes.Latder anY collax fas a�d c8uges�tborized by the SeMetary. -
<br /> _ ' !Gro�Tor Ma�aatia�d DeDt. � -
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<br /> (a)De�it.l�ender mry,accept�limitad by regn�tioas is�u�ed by the Secettary en the case af p�ymetit_daf�arits,
<br /> _ �i�in immodiate payme�t in fWt oiaU stuns saa�ed by this Se�w'iry Iastnime�if: .•��• ?.,�`°:.-:'��'°:.
<br /> ' (7 Barrower defanits by failing to pay in tiill wy�ronthlY paYmeut re4uired by this Security instrumcni piiijc to:ur
<br /> on the doe d�oe of t6e t�t rnot�thlY WYmeot•or .. .. , :
<br /> ' (ii).Borinwe�defaWts by failing. for a�gcriod of tt�irty days.w�k�nr�n ariY.:ot�obtigaaons contaiaed,in•this
<br /> �' Savdty iasanmen� . . . � . . - .
<br /> . . .... . .
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<br /> ' � (b) Sale Wkio�t Credlt App�oval.I�erider shall,:if permiued by app(ieabla�Iaw aid wittt tlie'prto(r'sp jii+n4a1 of the
<br /> Santaryr,�cryi�e immodiate payment in fiill of ait svms secund h�r tbis'8acurity in�nmea�if � ,:,� .;
<br /> (iy All or patt of thc PtopertY,or a 6eueficiat inte�est in a tnist owning alI or part of the Property:is�sold o� -
<br /> otbawise.traasferrod(other thaii by devue or descent)by th�Bairower,aod . = 3���� �
<br /> (ii) T6e �coperty is oo� oocupied..bY the Pu�eha�er or Srautee as his or h+er principal residenv� or tde
<br /> �or:`gri�tee dae5 sa aca�py tbo Pcopecty but his or bet credit has rot bcat appmved ia accordance with the
<br /> . .:i�oqui�ts of tbe Secier�y. .
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<br /> .•r,"'.`,.: c;���y��}taei�;�f ciircumst�ti�a�.¢1��vould gecntit L.ender to�ieqaite imtnedtate payittiettt`ia-�uT1,but I.ender does. : . �
<br /> � ' ,�roqiune's�.payme�tts;.i�;�"t�s iitii waive iu rigdts with nspeet to subsoq�N evmts�"�:==:�_
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<br /> - _ . . ;.r(�j��ooe o�H1I�.'�iitta�q:.�tri:mat►y circumstarxaes reguia4iQnp issued��Secretary will limi�,�epder•'s -
<br /> :� � .` rights in the case of payme�ri defauTfs�Gi.iequire immediate pay_ment in full�:forectose�if not paid. This`Stu�t}�►' _
<br /> : ;:•= Instntment do�s"niot suthoriztacceteratiaap;forcclosure if nM.peririitted;by regalattons oFt6e Seccetaty. -�., = ` -
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<br /> ::°'•le}�.Mnrtgagc3VM Ia�tl�•Ranow�c ag�ees that shon(d this 3ocurity I��meiit and the No�r securod thei�by'.iQac 60 , .
<br />-=' cfigible f.qs:irisufaitce uix,tec the°Na�anal'Etausiog,'Act.cyTthin lO�days fra�ri ttie:date t�rea�',I.Cnde�may.at:�ts:qption -
<br />:,�,<s' � and notw�thstaad�ng anythi�g in paiagrapae:4. re4uire.im�aediacc.paymene�ia`fu!{�oPa�l sums secuc�d by chisSe�e�rity
<br /> - Instn�ment:A "vrrltten statement of any.auttwrized agent of the 5eci�tary dated subsequent to 6O days ftom the date
<br /> :'- he�cof.daclieing to insure this Seeucity ln�tcument and the Nae seciir'ed thereby.shafl be deemed conclusive proof of
<br />_ _ such ineligibitity. Natwithstanding the foregoing,this option may not be excrcised by l.ender when the unavailabiliry
<br /> • of insurance is soleiy due to Lender's failurc to rcmit a moRgage insurance premium to the Secretary. _
<br />, 10.RetnstAtement. Borrower has a right to be reinstated if Lender has required immediate payment in full becausc af
<br /> Borcawer's failure to pay an amount duc under the Note or this Security Instrument.'1'his right applies even afWr foreclosure
<br />-- .- proceedings ure instituted. To reinstate�he Security Inctrument.Barcnwer shali tender in a tump sum all amaunxs reyuired ta
<br /> — bring Eorcower's account current including, to the eatent they are obligations af Barrowcr under this Secttrity ltuuument.
<br /> ,Y i
<br /> - fareclosure c.osts and re�se�nable and custom�ry uttorneys' feea and expenses property associated wlth the foreclosure� .
<br /> proceeding. Upon reinstaterttent by Borrower. this Secutity lnstrument and the obtigatians that it secures sfiall remain in eifect
<br /> as if Lcndcr had not required immediate payment in fnll. However,l.ender is not required to permit reinstatement if: li>l.ender
<br /> has aecepted reinstatement sif'ter the commencement af fareetosure praceedings within two years immediately preceding th�
<br /> commencement of a current fareclasure proeeeding. (ii) reinswtement will preclude foreclasure an diiferent grounds in the
<br /> future.or(iii)teinstatement wili adversely afPect the priority of the lien created by this Securiry ]nstrument.
<br />- ' � 11.Borratve�'NM Released;Forbwrance By Lender Nat A Wniver.Bxtension af the time af.payment or modification af
<br />•.;;-� :
<br /> amortization af the sums secured by Ihis Sccurity in�irument granted by l,cndcr to any suecessor in intere.�t�of Borrower shall
<br /> = not operate to release the tiabiliry of thc original$orrowct nr Bonower's succcssar in ir.terest. Lender shall nat be required to
<br /> � commence pra�eedings�ainst any successar in interest ar rcfusc to extend time for pa�memt ar otherwise madify amortization
<br /> � of the sums secured by thls� Security Instrument by rcason af any demand made 6}� the ariginal Borrower or Borrower's
<br /> suaessors in interest. Any forbearance by Lender in cxcrcising t�ny right or remedy shsit not be a waiver of or prectude thc.
<br /> exetcise of any right or remedy. ,
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