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<br /> (i)All or�wt of tts�.Propeny, or a beaeRcL�l inuresi ia a cnuc owniur�II ur psrt of chr Propcny,is told __
<br /> ot otherwite uaast'errcd(oihcr it�n by devisc or dcscuu).aad
<br /> (ii) 'The Property is aot occaPied by the Pt�r bui his orgbu crodlt hxs aot bew y,ppro,edthn
<br /> purct�scr ot sruux does so occaPY �Y -
<br /> aacordance with the roquirements of Uu Secretuy. _
<br /> (c)No W�irer. If circumstaaces occw thu would pamit I.ender to raluirc immcdiat�Pzyment �in full.but -
<br /> I.render das not rcquire such p�yrnents.Leades does not waivc ics dghts with ra�ect to subuqueat evwts.
<br /> (d) Re,Qulatloac ot HUD SscrdArY. In m�ay circumstattices nsWitiaav iuuod by the Sec►'eutrY wAl (imit
<br /> Lwder's rights, �n tbc case of paymeat defaults. �o rcquire immaliau Payu�nc in full and foreciosc if noa
<br /> paui.'This Socurity Iaurumeat does not authorize acceleradon or forxlosurn if aot permittod by regulatioa9
<br /> of the Secretary•
<br /> (e)hiort�a�e Not Insured.Borrowec agrces thu if this Securiry instrusoeat aad the Note are nat determined
<br /> to be digibte for iasuraace under the Nuional Housing Act witbin 60 days ftom thc date heroof, 1�1er
<br /> may, at iu optiaa. requin immodlate paymcnt in fuil of�11 suans securod by this Socuriry Instniment. A
<br /> writtea stueaxut of any suthorizod agwt of ttu SecraaiY dxted subsc9urnt to 60 days fcom the date htreof,
<br /> declining to iasure this Secwity instn�meat aad the Noic. sh�ll be dained coaclusive proof of such
<br /> inelifiibility. Naiwithst�adin8 the foregoiug. this optioa m�y not be exercised by lznder whca the
<br /> unavtilability of insur�ace is solely due to I.�adec's failura to remit a mortg�ge iasuraaoe per.miun►to tbe
<br /> �' ment ia PoU
<br /> 10.Rdmtatrme�t. Botrower hti a right to be reinstotal if Lender Las requirod immodiate WY
<br /> because of Borrower's failure w pay an �trxwat due under the Noce or this Securiry Iastrumeat. This right applies
<br /> evm aflu foreclostue proc�iaSs are institutcd. To reinstue ttu Security Insuuuxnt, Borrawar sh�ll tmder in a
<br /> lump sum�ll�•TM,�,^ra requind to briag Borrower's xconnt curreat includit►�� to tbe exteat thcY are obliguloas of
<br /> Borrower under this Sa�uhy Iaunuaeat.foroclosiue cocts aad reasonable u�d wswmarY attomeYs'fe�aad expais�s
<br /> , pmperly�sociatal wich tne foreclosure pmaaling. Upon reiastuea�rnt by Borrow�er,thia Socuriry Iastrumwt and
<br /> the obligatioas thu it socures shall rcmain in effoct as if i�eader h�d not r«�►�;�a �,�ea�:wy�«u � fuu.
<br /> However. L�r3er is not required to pemait reinstatement if: (i� Lc�d�r t� aco�ta! •��rex..s^�:�temcnc after the
<br /> oomma�eai of fonclosure procxdia8s withia two yeus immedisurlY P�8�CO�'`� of a cumeat
<br /> w ihe future� cx (iii)
<br /> fa�oclosyr,e proceoding, (ii) ninstateme:►t wiU precl� forxlosure ou differeat grounds .
<br /> �emtnt wiU�dvasely affect tbe prlority of the lies creatod by th3�Securicy Iaurumeat.
<br /> ii. Borrower Nat Resa�ed: Forbe�ance BY Laida'Not s Wahen Exuasion of the time of psy�mtat or
<br /> modifK�ition o�amortl7�il0II o1 tne sa�secwai o�+'wis�a:u.;y;;.:tss�.^s'.�.t�b; L �+►!n ae�r q�ooriinr In _ . _ . ._
<br /> inureat of Borrowa shall not operate w rele�se tbe liability of the original �onower or�um�wsr's rcuccesso:in
<br /> interest.L,eader st�ll not be requiral w co^„++�•r�p���8��Y��r 3n inta+ak or rofuse to ea�tead
<br /> time for paymeai or othecwise modify waorti�tion ot t2se svms savred by this Se�suity Insaumeat by reascfl of aay
<br /> dem�ad made hy the originil Borrowa or Borrower's saccesson ln inieresc.Any forbraraace hy Lrrdcr in exarcui�
<br /> my riglu or c�emedy sh�ll aoe be a waiver of or pnocIudo tbe exerc�se o�'�ay right or raaedy.
<br /> 12.S�ors aod Asel�Bouocl+Joiot�od Several I.iabilttY: Ca-►Si�e�s.'Ihe covez�ants aod a�reeaneats
<br /> of this Securlry Iastnuneac st�ll bind aad beaefit the successon and�ssigns of l,eader aad Bocrower. subjax te tbe
<br /> pmvisioas of paragraph 9(b). Borrower's cova�aats�d agreesueats shaU be joint�ad sevual. Aay Borinw�cr who
<br /> ca-sigos this Security Iaurumeat but does not exav:�e tue Nou: (a)ia co-signing thic Socurit�Insuumeat only to
<br /> mrutg�;,grant wd ooavry tbat Borro�res's intcrrst in the Pcopaty uada the terms of this Ser�cY Instrumeat;(b)
<br /> is aot peisonally obligated to PaY the c�s securod by this Sec,uriry Inauumear, �ad(c)agrees ds�t I.et�der aad a�+
<br /> otba Born►wer may�gm to exuad,madifY.forbeu or make any acoommodations with n�aM to the tams of this
<br /> Seau�ity Iaurumeat or tiae 1�ote withait tt�t Bomowa's coaseat.
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