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<br /> �� ��M��'Y
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<br /> ..'�: (i)All or p:4rt of thc Properry.or a bcneftctttl interest in a trust owning all or parc of die PropertY�is sold •-
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<br /> ry���� or othenvise transferrr�!(other than by devise or desant),nnd �,---
<br /> (ti) The Property ls not occupled by the purchaser or grantee as his or her principal residenceo ed�in �r"`-'
<br /> but his or her credlt han not been app �w_:_
<br /> '""' _. purchASer or grantee does so occupy the Prc�perty _
<br /> .� accordance with the requirements of the Secretary• �-'
<br /> "� �c�N� doesvnot If uite such P Y���nde�das notiweivcits r!ghts wtthir nectto ub equent events.ut _
<br /> �� 4 Lcndcr � willlimit
<br /> � ,r. �����uda���y ar mJp���ry, In many circuiustances cegulations issued by the Secretuy __
<br /> . Lender's righ u�n �gt��ot does not authorize accelerat on�ororacelosure if not permitced bY�ebn;l dons --
<br /> p�id. This Sec cy
<br />`.'� of the Secntery. �_
<br /> �T (e)MortgASe fort insurance under theaNa loa A Housing Act�within 60 days�from the date hereof,ermined `
<br /> • � • to be eligibl
<br /> '' , may� at its option�frequsu��agent of the S tecary dated s bse,clu�e�n�t�°6�days from th da�te�heereof, _
<br /> 'r� �° � written statement a4Y -
<br /> _ ' decliaing to insure thi� Security Ins►n�ment and the Note, suall be deemed conclusive proof of such
<br /> °�+��'t�,;J. ineligibility. Notwithstandin8 the faregoing, this option may not be exerclsed by I.ender when tt�e
<br />-r ' ' ., •� , unnvailability af insurance is solely due to Lender's failure to remit a mortgage insurancc premium to thc
<br /> �,:.;.. :?� Secretary•
<br /> --'":�'` � iv. ,iaeiiisQ�.�u.cat.E�:*.Y,�!�*haa a rI¢ht to be rcinstated if Lender has required immediat�aY�►�f�'F��° -
<br /> �-'��!?i��J'� �n amount due under the Note or this Secwity i,,.;ua,u..►.:.
<br /> � -�;-�r because of Bonow�r's failure to pay n
<br /> ��-_' _ �y�n reT.f�reclosure proccedinSs are iustituted. To ceinstate thc Securiry Inst�ment. B°�w�r shatl tender in a
<br /> u}red to bring Borrower's accowii�u+«nt includ3n;. i�the eatent L�lteY are obligations of
<br /> �"`-�ti,�.j,� lump Sum:dl amounts req
<br /> °=��r_,;,,;�.� Instrumenc,foreclosure wsts and reasoaable and customary attorneys'fees Rnd eapenses
<br /> - - gorrower under this Security U n��qate�t by go�wer.this Secudry Inet���nent and
<br /> - . ��1�",`., properly associatat with the foreclosure proceedin8• P�
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<br /> —�..:,;..,,:,�� the obligations tha1BitASecuresui�lto permit�reins�tatementl.i nd(i) L.endert has�accePted r�einatapeutent after Wle
<br /> ---����•� Howover, I.ender �1
<br /> - w���� aommancemeut of foreclosure procecd�ngs within two years immedlately prer�dinB che commencement of a current
<br /> - -= fAreclosure p r o c a d i ng� (��) ���te�nt will pteclude foreclosure on diffennt grounda in the future. or (iii)
<br /> -�=---- reinstatemeat will adversely���P�O��e Byie�a t Not Q iWQi�� �te��of the time of pxypient or
<br /> ---�-'���� tl. �orrower Not Rd ,
<br /> --=-=--- mallficacton of amortiza�t not operate o r�eleasc thetliabU�it o�tt►o o ginal Borcnwer or Sorrowers successor ia
<br /> =--.—_�,� interest of Borro i�to commeaa proc�din86 a8�t a°y snecess°r�°mtorest or refuse to ext�nd
<br /> interest.Lender shall aut be rGqu
<br /> �� time for payuaent or otherwise malify amortization of the sums secural by thia SecurltY Instcum��t der i�n exe i ing
<br /> _: ._ __ .---�_� Qcm:nd made by the ortginal Borrowor or Borrower's successors in interrst.Any forbe�rance bi'
<br /> -�-,,.� any right or cemedY ehall not be a wAiver of or pnclude the eaercise of a�y right or r�ma1Y•
<br /> -- -----'�� 12.Successors snd Asstgn�Boxu�d;Jotnt and Several Liabfitty;CaSi.gnere. Th�covenant�and agreements
<br /> --:._,� of this Secnrity Instrument Fhall bind and benefit the successo��d ess��o3oui�a�de�t`Q�y'��w�r who
<br /> --------� pmvisions of paragraPh 9(b). B°nOwer's covenants and agree
<br /> _ co-sign.a this Security insuument but does not execute the Nou: (a�d�-��°�of thls Security tn�n�nty(b?
<br /> _ 'v — mortgage, grant and coavey that Borrower's interast in the Propei'ty that Lender and any
<br /> �� ts not personally obligated to pay the sums securcd bY thia Seau'in' ���nt'�'��c) ag�s
<br /> �� � other�o�a�ver�Yo gT�Q Note withou�a�Borro��ve's consent.�Y��atioas with regard to thc terxns of tris
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