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2oioo97si from [he date hereof, Lender may, at i[s option, require immediate payment in full of AU sums secured by this Security lnstrument. A written statement of any authorized agent of the Secretary dated subsequent to 6 0 ]71:YS from the date hereof, declining to insure this Security Instrument and the Note, shall be deemed conclusive proof of such ineligibiliry. Notwithstanding the foregoing, this option may noc be exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a mortgage insurance premium to the Secretary. 10. ReinstatcmenC. Borrower has a right to be reinstateJ if Lender has required immediate payment in full because of Borrower's failure to pay an amount due under the Note or this Securiry [nstrument. This right applies even atter foreclosure proceedings are instituted. To reinstate the Security Cnstrument, E3orrower shall tender in a lump sum al] amounts required to bring Borrower's account current including, to the extent they ara obligations of Borrower under this Security Instrument, Foreclosure costs and reasvnable and customary attorneys' fees and expenses properly associated with the foreclosure proceeding. Upon reinstatement by F3orrower, this Security Instrument and the obligations that it secures shall remain in effect as if Gender had not required immediate payment in f'ull, However, Lender is not required to permit reinstatement if': (i) Lender has accepted reinstatement after the commencement of foreclosure proceedings within two years immediately preceding the commencement of a current foreclosure proceeding, (ii) reinstatement will preclude foreclosure on different grounds in the future, or (iii) reinstatement will adversely affect the priority of the lien created by this Security [nstrument. 11. Borruwer Not Released; Forbearance by Lender Nut a Waiver. Extension of the time of payment or moditication of amortization of the sums secured by this Security Cnscrument granted by Lender to any successor in interest of �3orrower shall not operate to release the liability of the uriginal Borrower or Borrower's successurs in intarest. L.ender shall not be required to commence proceedin�s �gainst any successor in interest or refuse tu extend time for payment or otherwise modify amortization of the sums secured by this Security (nstrument by reason af any demand made by the original Borrower or 8orrower' s successurs in incerest. Any fvrbearance 6y Lender in exercising any right or remedy shall not be a waiver of ur preclude the exarcise of any right or remedy. 1Z. Successors and Assigns Bound; Joint and Several l.iability; Cu-Signers. The covenants and agreements oF this Securiry Instrument shall bind and benefit the successors and assigns of Lender and Borrower, subject to the provisions of paragraph 9(b). Borrower's covenants and agreements shall be joint and several. Any 6orrower whv co-signs this Security Instrument but does not execute the Note: (a) is co-signing this Securiry Instrument only to mortgage, grant and convey that Borrower's interest in the Property under the terms of this Sccurity Instrument; (b) is not personally obligated to pay the sums secured by this Securiry Instrument; and (c) agrees that Lender and any other Borrower may agree w extend, modify, forbear or make any accommodations with regard to thc terms of this Security Instrumem or the Note without that Borrower's consent. 13. Nodces. Any notice to Borrower provided ibr in this Security Instrument shall be given by delivering it or by mailing it by tirst class mail unless applicable ]aw requires use of another method. 7'he notice shall hc directcd to the Property Address or any other address Burrower designates by notice to L,ender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any address Lender designates by noticc to Dorrower. Any noticc provided for in this Security Instrument shal] be deemed to have been given to Sorrower or Lender when given as provided in this paragraph. 14. Governing Law; Severahility. This Securiry Instrument shall be governed by federal law and the law of thc jurisdiction in which the Property is located. In thc cvent that any provision or clause of this Sccurity instrument or the Note conflicts with applicable law, such conflict shall not affect other provisiuns of this Security Instrument or the Note which can be given effect without the conflicting provisivn. 7'o this end the provisions of this Security Instrument and the Note are declared to be severable. 15. Borrower's Copy. Borrower shall be given one conformed copy ofthe Note and o£this Security Instrumcnt. 16. Hazardous Su6xtances. Borrowar shall not cause or permit the pretience, use, disposal, storage, or release of any Hazardous Su6stances on or in the Pruperry. Borrowcr shall not do, nor allow anyone else tu do, anything affecting the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply ro the presence, use, or storage on the Property oF small quantities of Hazardous Substances that are generally recognized to be appropriatc to normal residential uses and ta maintenance of the Properry. 13orrower shall promptly give l,ender written nqtice of any investigation, claim, demand, lawsuit vr other action 6y any governmcntal or regulatory a$ency or private party invulving the Property and any Hazardous Substance or Gnvironmental Law of which liorrower has actual knowledgc. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or uther remediation of any I Iazardous Substances affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. As used in this paragraph 16, "Hazardous Substances" are those substanees detined as toxic or hazardous substances by 6nvironmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products,toxic pesticides and herbicides, volatile solvents, materials containing asbestos orformaldehyde, and radioactive materials. As used in this paragraph 16, "Environmental Law" means Federal laws and laws of'the jurisdiction where the Property is located that relate to health, safety or environmental protection. NAN-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 17. Assignment of Rents. Borrowcr unconditionally assigns and transfers to Lender all the rents and revenues of the Property. Horrower authorizes Lender or Lender's agents to collect the rents and revenues and hereby directs each tenant of the Properry to pay the rents to L.ender or l.ender's agents. However, prior to Lender's notice to 8orrower of Borrower's breach of any covenant or agreement in the Security Inatrument, Borrower shall collect and FHA NEeR4SKA DEEP OF TRUST - MERS DOCM79�C� 800-848-f362 NFDOTZ.FHA 11/01/08 Page 4 of 7 www.docmagic.com