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<br /> , Any emounts dis6ursed by Lendar under Vds Paragraph sha0 beeame an addUonal debt oi Borrower and h3 secured Gy
<br /> thls Security Instrurtser►!. These amounts shatl bear interest fram the date af dishursement at the I�ote rate.and at the option of ��-_..
<br /> .-r:-z._-
<br /> Lender,shall be imme�at�yr due and payab�e. R�=�`=..-
<br /> Bertawer shaU prartpUy discharge eny ti�n rehiafi has pr[ority over thts Se�rity Instrument unless Barrnwer. (a) agreas in ��;�,;
<br /> wsitirsg to the paymeat of tha obGgaUan sQCUred by the tien in a manrter accEpiabla to lender. (b)contests in good taith the lien ;e,`.'
<br /> by, or detends agatnst enforoement o1 the Gen in. leqal proceedL�gs vrhtch in the Lendefs opinion operate to prevenf the ,�:'.
<br />-;4 entorcement of the G2n: or(c) secures frcm the hotder o!lhct tien an agreement saUslac4�or+Y to Lender subordnating the ti�r+to <. ,
<br /> this Securtry Insbument. K tender detemiines that any part of the Rraperiy is s!�bjeet to a �en which rtay attaln priority ovvr thia �`�._;.
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<br /> s Security instrurrtent Lender may gnre Bortower a notice identltytng the 6en. Borraw�zr shall saUsty the lien or take one or mare o9 - •
<br /> • the a:tions set forth abnve tirithin t0 days of the gioing of notice. ,
<br /> �i 8. ��BeS.tend2s may cotied tees and cRarg�s authes�d by the Sect�taryr.
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<br /> 9. Grounds for Accelerai�ote of De64. �����
<br />'��. ' (a) Defaut�Lender may. except as limite�by requlations Fssued by the Secretary in the case af payment 3sfau1ls, ���
<br /> - requhe immediate payment in tutl ot aU sums secured by this Security Instrument i4: �-
<br /> (�Borrowar defaults by failing to pay in fvU any monthly pryment required by this 3ewriry Insbumc,nt.yriar to or on .
<br /> ° the dus date of the next montfiry paymen� or ---
<br /> (f�i Qonnwer defautts by faifin$,for a penod of tlilrty days.ta peAartn any other obGgations contained tr+'yls SeauMY :�.___
<br /> Instrument
<br /> (b) Safe WFthau! Credit Approval. Lender sha7, if permitted 6Y aAPlicat►le taw (ncluding sectlon 34e(d► of 9hq �r:�=-
<br /> . GamSt Qemaln Deposriory tnsU'tutians Prd of 198?_. 12 U.S.C.1701j3(�) end wifn the prlor approval of thQ�e+xotarJ• �""'-
<br /> �� � requUe hnrtsedrate paymem(n tu0 af a0 Y"e sums secured by thls Security Instrument H: �=��
<br /> n QD or pari of the Propeny, ar a benefidal Interest in a trust ovming atl or paR of the PmpeRy< is sotcL or. �`'."`.
<br /> .r'�•s otheTwise transterrecf(ciher than by dEViss or descentj. and ��':
<br /> � (�The ProyeAy is r.oi accupied by the purchaser or grantea as his or her pdnapal resldence, or the pumhas�r et °'".-':`r`
<br /> gtantae doas so occupy the Property. but his or her credt has not treen appmved 'm accordance �vith��� �--s,�
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<br /> � tequL^e�ner�ts ot tAe se�xe�yr. �, .•.
<br /> � (C) NO Walve� tf ctrcums�nces ozcur tnat wouid parmtt Lender to requtre (mmedtate paymc+nt in f�rE, but LFx+.dec � �_
<br /> � does not require such paYmertts.Lender does not waive tts rights with respect to subsequent events. � �
<br /> (d) Rsgutattons af HiJD Seeretary. �n m.any cireumsrances re�uletiuns Issued by the Sactemty vt+u..li,"c�it
<br /> U d toredase �7 nat s� '�tsls ��?��
<br /> � . lendxr's �i9hts. in the case oi paym�znt defautts. to requhe imme�ate paymertt In tu an P _-
<br /> Securfly Instrument does not authorize accetFratlon or toreclosure f4 aot pemutted by regulallons of the Secretary.
<br /> • • (e) Mortga�e Not Insured. BQtraur�a�ees that it thls Seca�rtly Instrument and tha Note at�s nqt determ'ated to �.�::
<br />_;::.�. be eligID:e tor htsurartce under tha NaUor�Hous(ng Acl wlthin 9� detvs irom the data heteot, .tcnder _�_..
<br />:;s;;.' may.et iffi optton requ'ae 4nmed�ate paym.erH In fufl of eB sums sewred hy tAts Securiry Instrumart. A w�iiten s`-'.wrt;ie�t = _
<br /> � o!arty autfrofized age�e�tf?�Secr¢'�..ry�zted subsaquent tv 9b d� irom the dats hereof. d�kntng
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<br /> to InsurQ ttL';��-surS2�s Ir�rent Fut�f 1frs.t•sote, shall be deemed conr'a�sive prool of suth inasg�yliiy..Nolwlthstanding ��;-:,:
<br /> F .
<br /> tAe torego��,r;�,�agscn:3y not h�crr:a*�rad by Lender when tAe w,�vailabiliEy of insurance is�ld�due to LenCer's �
<br /> `" � taEure to r�ic,a rr�art�*j liasuranee prezri�-nn to tAe Serfetary. • �
<br /> 10. R6iO4�'d°.81t1811� Bormwer has a tight to ba refn�■:d 'd Lender has required imme�ate payment in tuD 6eeause of �
<br /> 8o�rrower's failure t�pay an amourrt Qne urtdzr the Note or thls Sewrtry Instrument. TAIs dght app�es even after forectosure -----
<br /> '��„„ procgedinga ere i:���tuted. To retnstate the Secsedry Inswment. Borrower sAaA tender (n e tump sam aY amounts requtred ta ; �..
<br /> . t+',n� Borrawer's account current tncluding, to the exterrt tAoy are obflgaT}ons at Bortower under thls SecurHy InsUUmertt.
<br />,:����,r,,;;% Scrc�cfa��7e cosis and �easana6le and eustomary attomey's fees end e�enses property assoraated with the toredosnre —
<br /> -. pr��g. Upan reinstatement by Borrower,thla Securfry tnsWmeat and the ob�ejations that tt sc�aues shall rertaln fn etfed as
<br /> , B Le.3der had no!roquired Ynme�ate Rayinert In tu0. However.tender Ls not requlred Uo pertiul re',nstatement N: (�lender has �
<br /> . ' . � aecepted refnstaL�.mcr=nt after the com�nencc�sent of toredasure proceedngs withtn two yeers anmediate�Y prece6ng the
<br /> • ca.�mencement ot a wrrenY foredasure proceed'ing, u reinstatemerrt w11 prectuda toreetasure on dtferertt gcawnds 1n the tuNre, �-,
<br /> a:{iq,relnsTatement wfll adversely attect tfie pr(ority ot the Oen created by thts Secunty instrument r`'�
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<br /> . ' �4 c. Borrower Not Refeased; Forbearance By Lendor Not a Waivar.6Qens!on ot tne ame ot paym.rnt or �. _
<br /> medl�c3L'on ot�,amttlza2lon of the sums secured by tAls 3ecurlty Instrument yanted by Lender to ar►y successor in U�'.r�r�s�t ot • � -
<br />�• • Bcxt+wet.shall r.ai o(�ertste to refease the liabifiry at the odginal 8orrower or Borravrers suceessor tn trttere.�s'Lender shall•siot be �
<br /> � r�a6�3 to commence proceeE'.ngs agalnst eny successor in Interesl or retuse to e�¢end time for paym�t or other►vlse mod?y ___.
<br /> �• • snr�sf�tlon ot the sums ssau�.jdi by thls Secudty In�WmaK by reason ot any dernet�d r•°.ade by the odg:nal Hor�r�er or
<br /> • BotmNet's succs�sars in Inter�l: �y torbsarrsce by Lend�2r tn exerclsing any rigM cr ru-r„r�y shaD rtot be a waiver ot or �:�.
<br /> . pt�dude the exerctse o!any dght or a.medy. f�
<br /> � 12. Successors and Asslgno Bauccd; doint and Saveral Lt�ablftty; Go-si�ett3r�.. The wvenamu and
<br /> '' agreemet�t3 af this Security fnstnanent shall bind end b�nefit ttse successors end assigns c�Cnndr.►and Bortower,subject to the —
<br /> pca�Ssions o1 Para�eph 9(b). Batr�wer s covenants and ea,Jem.i�a2s sha11 be jolnt an@ se�etal_ Arry 8ortov�er vrho casigns thia
<br /> Seci:riSy tn3trumerrt but does not execute the Note: (a)is co-sifing thls Securfty Instrume+�i:r.rt1y to mortgage,�ant and conuey --�-
<br /> that Borrovret's fnteres! tn the Properiy under tt�e terms of thls SecuriEy tn�mom; (b�is not personaVy o6flgated to pay tho
<br /> suma secutEd tiy this Sacurity InsUument; end (c) agrees that Lender and any other Borrower may agmQ to extend. madity.
<br />' to[hear or mako any acoommudaUona wftfi cegard to thv t�m� of thls Security InsWtrtent ar the Note without that BoROwer's _
<br /> c»naem. _-
<br /> 13. NotlCes.Ar►y notice tv Borrower provlded for in thts Security tnstrument shall be gtven by defivering it or by muiing it
<br /> ��.�. by flrst class m,a7 untess appl;qblo law requfros use o1 another me4hod.The noUce shaU�e d'irected to the PropeRy Address or �"`_
<br /> � any otAer adQress 8ortowet deslgnates by noUce to Lender.Any rtotice to Lender shaA be given by 5rst c�ass ma7 to LendePs �'i
<br /> address stated 0ereln or any address Lender deslgnates by noUce to Bonower. Any notice provlded tor in thl� Sscu►ity �
<br /> � tnsWmer►t sha(1 bv deened tr�have been ghren to Bortotve or Lender wAen given as p�nvtded In this paragraph. �_�_--
<br /> � 14. Governing Law; Severability. Thls Security Instrumertt shall bo govemed by Federal(aw end the Iaw ot the �.-
<br /> � juds�ction in vihich the Property is lacated. In the event that any provls'.on or clause ot thls Securiry Instrument or the Note �
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