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<br /> (i) Al]or pact of the PcoPestY, nr a brn�fccial interest in a trust�waiu��11 or p�rt of the Proper►Y.:s s�old __
<br /> or othetwise trsasfhrral(other tt�a by d�viu ot desctsu).Aad -
<br /> (ii)The Property is nat accupiod by thc purch�ser or�r,tiucee a�his ar her p�incip:l resickstic=rovod�in -�
<br /> pum�er or griatee dces so occupy the Propetty but his or her crodit has aot boea aPp
<br /> �cconiuioe with tho re9uire�nts of ttu Secretuy. meat in tLll. 6ut
<br /> (c)No W�tver.If clrcunutanoes oa�ur th�w°i'�d P�t Luida to require iaunodiatC PaY
<br /> Leadar does not requin�such pay�,l.eader doa not waive its rlghts with respect to subuquent cvents.
<br /> (d)Re�W�tiooc of HUD Secretar9. In mwy circ�KB�uioas issuod by tLe SecretuY will limit
<br /> L,�der's righU. in tt�c case of paymeat defaults�t0 i0Q1111C 1�33ZC WY10tI1L 1�CUII Ai1d fOfOC�OSC 1�AOl
<br /> � ��yriry r.,�►,,,�Rt does not autLorize acoeletatloa ur foreclosure if not permitted by regultuions
<br /> of the Socntary• thu if this Security Insuvment aad thc Nou are aot detcrnaiued
<br /> (e)A'Iart��e Not Inzured.Borrower sgras
<br /> to be eligible for insuru►ce ui�der the National Housing Act within 60 days from tbe datc h�f��t. A
<br /> muy, u iu optioa, rWuin immediau PaYmeat ia fvU of�Il su�secund by this Security
<br /> wriaea stuenxat of aay anthorized a8cat of the Sccret+►Y dated subsequau to 60 days from the ds�te heroof,
<br /> declining to insure this Sxurity inst�wneat �ad� tb� Nou� sball be damal wnclusive proof af sucb
<br /> iaeligibility. Notwit • ^c';� the foregoing, this option m�Y not be exercised by Leader whea the
<br /> un�vailabilit�r of insurwx is sulelY due to I.ender's failure to remit a mnrt�age�asurance premium to t�
<br /> �• �aomediate Paymast ia full
<br /> 10. Re�tateme�►t. Borma�ez l�s a dght to be rein:tstod if I�eader h�s required� ,�ri�t�lies
<br /> b�csuse of Borrowrr's failure ta ga�y w amount due uadu the Nou or this Socuriry Instnu�t•
<br /> evea after foreclosure prooxdiaYs an institutal. To reinstate the Security Inatrumeat,Dorrowu slull teader in a
<br /> lump sum�ll amouurs re9uirod to brlag Borrowa's account curreat incIudiaB, w the extent tt�ey art obliguions of
<br /> Borrowar uader tbls 5ecurity Instn�u�at,foreclosure oosts�ad reasoaa6le aod etuwmarY attoraeYs'fas ancl expaues
<br /> P�Y ��wlth the foseeLosure Prooadit►8• UPoa re�s���by Borcowa,thu Sa�ritY inst��aad
<br /> the obligadons t�t it socores sWaS3 nm�'n in effax as if I,endcr had not raluired im�ued�ue P�Y� � full.
<br /> I�eader is not w pet�si reinstaumeat if: (i) I�eader has accepted *!i^°•9r�,"tnt yifter the
<br /> Howeva. �''� Qi�in two y�s immediacelY Prxedin�the commeacemant of a curreat
<br /> commeacemeat of foreclawre procadia�s in the futnre, or (iii)
<br /> foroclosore Pmoec�iCB, (�i) ��� � 4reclude fareclosure on differeat grounds
<br /> maa�au�t will a��asely affxc the priority oi the liea cre�tal by this Security I�trumeat•
<br /> ll. Boat�ower Not Adeased;Forbnraua By I,ea�er Not s Waher. Bxteasion of the time of paymeat oa
<br /> - modi�sioa of amostlzadon of tbe�seeured oy saia sa�iiy;�u:..�sr�s:��;L---•"'�'-r r��,y,u�ces�or i� .._..---.-,----
<br /> iaterest of Botrower shall nut operate to relwe the liability of tLe originol Borrowa or Borrower's sucr,essor;:.
<br /> latuest. Ieader sball not be nquired w commeace proceedings a8��Y�s°r in intenst or nfuse w exuad
<br /> dme for p�ymau or otberaise modifY amortir�tion of th�sums s�ocured by this Sxurlty Iastmmau by reason of my
<br /> demmd m�cle by the origiaal Bomowa or Borrowcr's su�ecessoss ia irta�est.Any forbearaace bY I.eader ia ezercisin�
<br /> i,ny dght or teme�Y shall not be a wa�ver of or preclude the exer�se of nny right or�Ycovmaats�ad�Sceemtnu
<br /> 12. S000enors�ad Ase[�aa Beuud+Jotot aa�l Sevaal IJabWty,Co+Si�ers.
<br /> of tl�s Saurlty Iaun�meat sl�all bind aad bea�fit the uxaswrs aad assi,Bns of I�eader aad Bomcwer, subjax to tbe
<br /> pmvisio�of paagr�ph 9(b). Borrovra's coveaoaats and agceemeals sb�11 be joiat amd�vaal. A�y So�mwer wbu
<br /> co-a'sgos this SecvritY Ia:tr�ment but doa not ezecute the Nou: (a) i�oo�signiag this Sxurlcy Instr�meat on1Y ta .
<br /> m�r�t�Sxmt�nd convry tl�at Borrower's inureat ia tl�e Pc+o�ertY oiader the urms of tbis Security Iastnimeut;(b)
<br /> is noc peeomuy obligated w w3+the sum,secauea by this securiry Iasrsummt;saa c�)a��Lmd«ana my .
<br /> otha Borrowa m�ry�roe to extead,modifY, fo�ear or make any aco�mm�odations wlth neSard to the term:of this
<br /> Soauity Iastcument or the Nou witlwut that Borrower'a ooaSent-
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