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<br /> (i)All or put of'the Property�or a beneficial iacesest in a ttust owni��!1 or part of the Property.is sold —
<br /> or otherwise uaasfaYed(othor t�a by devist or desoeat).aud
<br /> (ii)'1'he R'oPutY is not occuPitd bY tAe Purchuet w' Qraatoe as his or her principal residu►ce.or thc _
<br /> ��t � granue do� so occupy the Property but his or lur ccalit h� not baen appmval in
<br /> acconlaace with the requiremeats of the Secr�wY•
<br /> (c)No Wnlres.If circumst�ac�s occur that would permit l.ender to require icnmediau paymcut in��1,but
<br /> �r���qy�suc�p�ym�ts.leader does aot waive iu righta with cospoct to wbsoquau
<br /> (d)ReiuWiom of HUD Secceta�y. Ia msay circumstaaas reguluionc issued by the Socc�etsry will limit
<br /> l�der's righw, in ttk,c:::.of p�ymeat defwlt�.to re9uire immaliue P�Y�in full u�d foroclose if noc
<br /> paid.This Se�witY lnstn�mea�does aot awboriu�oocleration or foroclosurc if not permiaod by regWatioas
<br /> of tbe Secretary that if tbis Saurity Instrumeat wd the Nou are not determinod
<br /> (�)�i�ie Not Iacw�ed.Borrowa'�
<br /> to be eligible for inwr�ace uader the National Housing Aa withia 60 days from tt�e dau 6erwf,lrader
<br /> msy. at its oQtion. re9uiK immed�PiY� ia ftill of�ll sum�sxured by this Security Iattiummt. A
<br /> wriuea stateureat of my authorized�gatit of the SocietarY dsud suhs'°9umt W 60 days from tLe date bereof,
<br /> decliaing w iawc�e this Securiry Iasuumeat �ad tbe Note. sball be damed oonclutive pmaf of sueh
<br /> ineligibility. Notwithstwdin8 the foreguing. this oprioa maY not be �ercised by l.eader whea the
<br /> uaavailability of insur�nce is sokly due w l.eader's failure to remit a mott�aYe insuraoce pc�emium to tlse
<br /> �m�'' �mmodiue PaYmeac in tiill
<br /> 10. R�ateseat. Boirower l�s a right to be reinst�tad if l.a�der has toquirtd .
<br /> bocau:e of Borrower's failure to pry an ama�at due undes tbe Note or thi�Securiry Inunimrnt• 'Ilils ri�►t�PQ1�s
<br /> evea aRa forec,osure pmoadiags �re instiwtod. To reia:t�te tbe Secvrity Iaueumeat, Bomowa ah�U ta�da ia a
<br /> lump sum all�mouass ro4uired w bri�Bor���s acxouat c�rcYat includia8,to tbe�uat th�y are oblig�cions of
<br /> Bws+owa under tbis Saxuity�tninMf1,foreclosure ooats aod reasomble aad custum�rY u�oc�c�Ys'fas�nd ezpeasa
<br /> t�r��w;th the foceclosure rc�ooeedins• 1.1poa.�eiast�tem��by Eozmwrr.thi�saa�rity tastr+imeac a�
<br /> tbe oblig�tlons that it soc�ues sball t�emaia ia e�'oet as if Leader bacl not required immediate Prymeac �n fuU.
<br /> ; go�ver, I.+eader is not requit+od W permit neiastatement if: (i) L��er �S �� niastatemeat nRa tbe
<br /> eomme�aoemmt of forxlosure pcooeedings aitLia two yrus iamedi�te€Y��din8�e�of a c�rcr.at
<br /> � - " f(�1bC]oQlre pP0000at�,. (11) LC� wiu (+:oii„ur ..�"N"'.�.:..:.L'= w '��...�' � �p�1s in tbe fi�{1LE, �c.(i1u�.
<br /> - ��u�a�y�'«x tne�cr of� �xa w �c��w�of�y�c o�
<br /> 11. Bon+ower Not R+�Fo�earasoe By Le�der to an wocessot ia
<br /> modification of omordzatioa of the sums sacurad by tbis Seauity Insaumeat 8natad D3► Y
<br /> inta+est of Borrowa sh�ll mt opaate w rdesse tbe li�biliry of the original Borrov�er or Borrower's suocessor ia
<br /> iaterat.Lmdez�11 not be trquired to oowmeace prooeodings�,8aiasc aay suocessot in interest or nfuse to euead
<br /> . time fot prym�wt or ot�erwise modifY��ti�tiwa of tbe sums saairad by this Secutity Iastzummt by ceason of aay
<br /> deanod m�de by tbe original Borc�wer or Borcvwa's suooa,wrs in iatetrst.Any fotbearance by l.ender in eza+citi�a�
<br /> �ny ri�Lt o�remedy s�ll not be a waiva of or preclnde tLe exe�ise oF�ay tigAt c+r t+emedY•
<br /> 12.S�ocearo+s aod Ax�Bo�d:Jo�t a�d Se�eral Wbilit7;Co--Sip�s. 'dUUe c�vemnts rod ag�
<br /> of�is Saauity Insuumeat�ail biad�nd bmcfit tLe saooawts aad auigns of Le�:r amd Borroa�a.subjxt w tLe
<br /> pcavi:ioms of pu�gr�9(�➢• Bortvwa's oovea�ws and agroeme:us sball bo joiat�md sevaal. Aay Borroa�a w�bo�
<br /> oo-si�s this Savrity Inst�umena but doa not ezxuu tbe Note: (a)is oo-sigiiiug this Sa�uity Iastcumeat ody w
<br /> mo�tg,age,Qrmt aad oo�nvey t�t Bomowtc'�fnttrat ia tbe Propaty uadet tbe tams of this�I�aad�anY
<br /> u�p�o�liy oblig�ted to pay tLe a�ms socui+od by this Soc�uitY Iasttuaowt;aad(c)a�rees
<br /> otba Bamwer miY agroe to extmd, modifY.fwbea v�rsoice aay 0000mmodatiaaa with rqBud w tt�e urms of thi:
<br /> Searity Ins�ymeat ot the Nou without that Bormwa's 000seat.
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