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' r1��aLL1Jd.e,�h�rL �RP7�TT�n='-� <br /> \/O1��J�R�� �... <br /> paragrAph 2, or change the amount of such paymeens,Any excess prace;cds over nn umount required to pay nil auGStc��dle�B <br /> indebtedness under tho Not�nnd dus Security Instnimcnt shall bc p�fd to the endry legally endded thcreto. �_ <br /> 8.�ees. Lcnder may callect fces and charg�s uuthodzecl by the Secret�+ry. �: <br /> 9.Crounds tor Acceleration o�Debt. �'- ` <br /> �_ <br /> (p)Defauit. Lc[edcr muy,axcept tts limited by regulatious issu�Ly thc S:,�r�:y in tit�c�e oi psyme:si ur.irale�, _-.- <br /> require imme�tute payment in fuU of all sums secured by this Security Instrument if: :__ <br /> (I)Borrower dcfaulls by faillng to pay in fuU any monthly paymeni required by this Sccurity Instrument pdor lo ar _ <br /> on�he due dntr of tho neat monthly payment,or _ <br /> (ii) Bonower dcfaults by failing, for a perlod of thirty days, to�cfarm anY other obUgadons conteined in this L <br /> Security Instrumen�. <br /> (b)3Ak Wfthout Credit Approval. Lendcr shall, if pern�itted by npplicable law and with the prior appn�vnl of tha <br /> Secretary.requ've immedlate payment in full of all s�uns secured by this Security Insuument if: Y <br /> (i)Fll or pnrt uf the ProPert�,or a benc�clal intcrast in a trust owning all nr part af the P'ropeny,is sold or oil►exwise <br /> transfernxi(ather thai►by dcvise or descent)by ttie Boaower,and <br /> (ii) Tha F�rogerty is not accnpie,�i by the purchsiser or grnntee as his or her principal residence,or the purchaser ar <br /> grantee does so ocGUpy the Property but his or her crecfit has not been approved in accordance with the requirements <br /> of the Secr�tary. <br /> (c)No R'aiver. If clrcumstances accnr that would permit L.ender W require immedi�te payment in full,but Le�►der does <br /> not requlre such payments,Lender does not walve its rights with respect to subseyue�st events. <br /> (d)Regulallous of IiUD�ecreGtry. In many circumstances regula6ons issued by the Secretary wiU limit I.ender's <br /> dglus tn the case of payment defaults to re,quire immeciiate payrrtent in full and foreclase if not paid.'il�is Securiry <br /> Insuument does not aiethorize acccleradon or foreclosur�if not permiued by reguladons of the Secretery. <br /> (p�Mnrtvage Not Insurtd. Borrower a�uces tl�at should this Security Inswment ertd d+e Note secured thereby not be <br /> oligible for insurance under the Nadonal Housing Act within 60 days from the date hereof,Lender may,at its option and <br /> nonvithstanding anything in paregreph 9. nquire immedlatv payment in full of all sums secumd by thls Scciu�ity <br /> Instrumen� A wriuen statement of any authorized agent of the Secretary dated subsequent to 60 daya from the date <br /> hercof.decltning to insure this Security Inswmene and the Nate secured therebY.shall be deemed conclusive proof of <br /> such�ellgtbWty.Notwithstanding the foregoing,this opiion may not ba exarcised by I.ender when the unavaila4�ility of <br /> insurance Is solely due to Lendu's failure to remit a mortgago insurance premiwn to the Secretary. <br /> lU.Relnstatemeat. Borrowei has a right to ba reinsteted if LenQcr has rr�quircd immedlate paym�nt in full bccause of <br /> Borrowcr's fsWure to pay an amonnt due under the Note or this Security Instiument This right applies even after foreclosure <br /> pmcealings ara insdwud.To rcinstate tlw Security Ins�ument,Borrower shall tendex in a lump sum all amounts req►dred uo bring <br /> Bonnw�er's account currettt including�to the extent they are obligations of Borrowu under this Security Instrumcnt,foreclosure <br /> costs and reasonabk end customary attom�ys' fees end eapenses�mperly essociated �xith die foreclosure procceding. Upon <br /> rranstatement by Bomower.this Securdty Instrument and the obllgadons that it secnres shall remain in effect es if Lender had not <br /> roqufired immedlatc payment In full. However, Lender is not required to permit rejnstatement ifl (i) I.enda has acct�u4 <br /> rei�statement afur the commencement of toreclpsure proccedings within two yeacs immedlately preceding the commensement of <br /> a cuirent foreelosure procaoding, (ii) reinstatement wiU pnxlude foroclosure on differtnt grounds in tht fnwre. or liil) <br /> rEinstatement wiU s�ve�scly affcct the priodty of the llcn created by thIs Security Ens�umen� <br /> ii.Borroper Not Releascd;Fo�r6earAnce By Lender Not A WA�ver. fixtenston of�he dme of payment or modification <br /> of a�rEOrtizeflon of the siuns securecl by this Saauity Instrument gritnted by I.ender w eny suceessor in interest of Hortowu shall <br /> not opaate to releasa the linbility of thc orlginal SorroNler or Boaower's successor in intcresG I.endcr shall not be required to <br /> commence proccedinge against any successor in interest or refuse to extend time for payment or otherwlse modify amo�on of <br /> the sums scxured by this Security Insuument by reason af eny demand mado by the original Borrowe�or Borrower's successore <br />- in interest Any forbearencc by'Lcnder sn cxercising any rlght or remedy shall not bc a woiver of or preclude thc exercisc of any <br />= right or remc,�y. � <br /> �•+R(NE) loeoa� Pia�4 oi e ininai�:. <br /> • � •' ` �-`'� - <br />_ _..�... _ <br />� - - -- -- _. _..._ --=-__ <br />.��-•- .--- ----- - . , , -:�:��:_�'?,�.,.,�.:::--� -. <br /> .�. <br />�, . . „ :, _ �' - � ' ���� <br /> . .. . �. , .:.� ` � -41...�s•� . <br /> . . a.._ <br /> " ' ' - r_ .._. <br /> _`__'-. _ _ _ . _ .-_._._._ -_.___. --:_---- ._._.-_ -_ -_`!^- • '''_ _ -__ <br /> __ <br /> - --.- <br /> __' _-_.__ _. -__ __.___"_- _.__�. ._. __^_ .__,_. .___ " __ __ <br /> ' ' ` ' , -.. -M � ' ' �. .. _ , l` -u�a�..t <br /> .. ., • . 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