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�Oi009�� Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property, and that the Property is uneneumb�red, except for encumbrances of r�cord. Borrower covenants that Borrower warrants and will defend generally the title to the Property against all claims and demands, subject ta encumbrances of recard. Borrower and Lende�r covenants a�ree as follows: UNIFORM COVENANTS, . 1. Payment of Principal. Borrower shall pay when due the principal of th� debt evidenced by the Note. 2. Borrower Not Rcleased; Forbearance By Lender Not a Waiver. Extension of the time of paym�nt of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borarower shall not operate to release the liability of the original Borrower or Borrower's successor in interest. Lender shall not be required ta commence praceedings against any successor in interest or refuse to extend time far payrnent ar atherwise modify amortization of the surns secured by this Security Instrument by reason of any demand made by the original Borrawer or Borrawer's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 3. Successors and Assigns Bound; Joint and Several Liability; co-signers. The covenar�ts and agreements of this Security Instrument shall bind and benefit the successors and assigns of Lender and Borrower. Borrawer's covenants and agreements shall be joint and several. Any Borrower who co-signs this Secwity Instrument but daes not execute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey that Borrower's interest in the Property under the terms of this Security Tnstrument; (b) is not persanally obligated to pay the sums secured by this Security Tnstrument; and (c) agrees that Lender an any other Borrower may agree to extend, modify, forbear or make any accommodations with regard to the term of this Security Instrument ar the Nate without that Sorrower's consent. a. Notices. Any notics to Borrc�wer provided for in this Security Instrum�nt shall be given by delivering it by mailing it by first class mail unless applicable law requires use af another method. The notice shall be directed to the Property Address or ar�y other address Borrower designates by notice ta Lender. Any natice ta Lender shall be given by first class mail to: U.S. Dep�rtment of HUD C/O C&L Service Corporation/Morris Grif�n Corporation 2488 E. 81st St., Ste. 70U Tulsa, OK 74137 or any address Lender designates by notice ta Borrawer. Any natice provided for in this Security Instrument shall be deemed to have been given ta Borrower or Lender when given as provided in this paragraph. 5. Governing Law; Severability. This Security Instrument shall be governed by Fed�ral law and the law of the jurisdiction in which the Property is located, In the eve t Page 2 of 8 Initials