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�011060si paid Tlris Security Instrmnent does not authorize acceleration or foreclos�se if not permitted by regulations of the Secretary. (e) Mortgage Not Insared. Borrower agrees that if this Security Instrument and the Note are not determined to be eligible for insurance under the National Housing Act within 6 0 DAYS from the date hereof, Lender may, at its op6on, require immediate payment in full of all sums secured by this Security Inshvment. A written statement of any authorized agent of the Secretary dated subsequent to 6 0 DAYS from the date hereof, declining w insure this Security Instcvment and the Note, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, Uris option may not be exercisedby Lender when the unavailability of insurance is solely due to Lender' s failure to remit a mortgage insutance premium to the Secretary. 10. Relnstatement Borrower has a right to be reinstated if Lender has required immediate payment in fiill because of Borrower's failure to pay an amount due under the Note or Uus Security Instrument This right applies even after foreclosure proceedings aze instituted. To reinstate the Security Instrument, Bonower shall tender in a hmmp sum all amounts required to bring Borrower's account current including, to the extent they aze obligations of Bonower under this Security Instrument, foreclosure costs and reasonable and customary attorneys' fees and expenses propetly associated with the foreclosure proceeding. Upon reinstateme� by Bonower, tivs Sec�uity Inshvment and the obligations that it secures shall remain in effect as if Lender had not required immediate payment in full. However, Lender is not required to permit reinstatement if: (i) Lender has accepted reinstatement after the commencement of foreclosure proceedings within two years immediately preceding the commencement of a current foreclosure proceeding, (ii) reinstatemc,mt will preclude foreclosure on differe� grounds in the fuWre, or (iii) reinstatement will adversely aff�ect the priority of the lien created by this Security Instrument 11. Borrower Not Released; Forbearance by Lender Not a Waiver. Extension of the time of payment or modification of amorti�ation of the sums secured by this Security Instrument granted by Lender to any successor in interest of Bonower shall not operate to release the liability of the original Barrower or Borrower's successors in interest Lender shall not be required to commeace proceedings aga3nst aay successor in interest or refuse to extend time for payment or othetwise modify amort�ation of the sums sec�ued by tlris Security Instrument by reason of any ilemand made by the original Borrower or Bonower' s successors in interest tlny forbearanceby Lender in exercising any right or remedy shall not be a waiver of or preclude the exercise of any right or remedy. 12. Snccessors and As�llgns Bonnd; Joint and Several Liability; Co-Signers. The covenants and agreemenis of this Security Inslrument shall bind and benefit the successors and assigas of Lender and Bonower, subject to the provisions of paragraph 9(b). Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs Uvs Security Instrument but does not execute the Note: (a) is co-signing this Security Insk�ument only w mortgage, grant and convey tbat Borrower' s interest in the Properiy under the terms of this Security Inshvment; (b) is not personally abligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend, modify, forbear or make azry accommodations with regard ta the terms of this Security Instrument or the Note without that Bonower's consent. 13. Nolices. Any notice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The nofice shall be directed to the Praperty Address or any other address Bonower desiguates by notice to Lender. Any notice to Lender shall be given by Srst class mail to Lender's address stated herein or any address Lender designates by notice to Borrower. Any notice provided for in Uris Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 14. Governing Law; Severabllity. 'I'his Security Instrument shall be governed by federal law and the law of the jurisdiction in wlrich the Property is located In the evern t�at auy provision or clause of this Security Instrument or the Note conflicts with applic�ble law, such conflict shall not affect other provisions of this Security Instrument or the Note wlrich can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note are d�lared to be severable. 15. Borrower's Copy. Bonower shall be given one conformed copy ofthe Note and of this Security Instnnnen� 16. Hazardous Sabstances. Bonower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances on or in the Property. Borrower shall not do, not allow anyone else to do, anytUing affecting the Property that is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances t.�at aze generally recognized to he appropriate to normal residential uses and to maintenance of the Property. Bonower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of wlrich Borrower has actual lmowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that any removal or othet remediation of aay Ha�ardous Substances affecting the Property is n�ssary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental I.aw. As used in this paragraph 16, "Ha�ardous Substances" aze those substances defined as toxic or hazardous substances by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbesWs or formaldehyde, and radioackive materials. As used in this paragraph 16, "Environmeatal Law" means federallaws and laws of the jurisdiction where the Property is located that relate to health, eafety or environmental proteclion FHA N�RASKA D� OF TRUST - MQtS �eg/�� NmOTZ.FHA 05/23/11 Page 4 oT 7 www.dacmagk.acm �Ip101I01�II� Iln I I Q I � 01I IIIIII IIII� I�