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. .<• Sv . _ . ... . . � j.: -. 1. . a _ .. . . .. . <br /> `N -� � _...i__�__ .1__�_.�-�"'..��_ '--a�_. . _.,...,v_.__-,_ � .........._��_ . ' ..... {—��`-.-�-.��'`"1' . ` `� . , _... <br /> .�. �C: ` . , - - <br /> V��is ���i��� ., i: ' . • _ <br /> . Any arr,aunts disbursed by Lender under th�s Paragraph shai! ber.oms an additionat debt ot Bortower and be secured by . , ;� �.__ <br /> this Securiry Instrument These amaunts shall bear interest hom the date of di�bursement at the Mate rate. and at the nption ot • � ,�� � --- <br /> Lender, shatl 6e immed�tety due and payabte. ' ' .• • � � <br /> Bortower shall promptty discharge any lien whieh has prionty over U�is Securiry Instrument unless 8ortower. (a► agrees �n ,t�`� ,``,` � .� <br /> wriUng to the payment of the obligation secumd by the Ii2n m a manrter accep�bia to Lende�: (b)contests�n good tutti the hen ' � <br /> �y, or detends against enforcement of the hen in, teqai proeeedings which in the Lereder"s opin�on operete to prevent the :`�:--_ <br /> entorcement of the iien: or (c) secures from the hoider of the lien an egseement saUsfaciory to Lender subordinating the tien to . � . <br /> ,� this Security Instrument. N Lender determines that any part ot tha PropeRy fs sub;ect to a 4en which may atta�n pnonty over this _-- <br /> . + Securtty InsUument Lender may give Bonower a �otice idenUtytng the iien. Borrower shall satisty the lien or take one ar more ot �� 5 <br /> � the adions set forth above v�ithin 10 days ot the givi�g ot noUce. _ _��"��` <br />-� �. F6e8. Lertder may collect fees and charges suthorized by the Secretary. �, _ <br /> 4 `. <br /> . 9. Grounds for Acceteration of QebL . • � '� ' <br /> �.. <br /> ;�� (e) QB'F8u!!. Lender may. excepl as limited by regulations issued by the Secratary m the case of payment defaults. ' : , <br /> require immediate payment in tu9 oi aJ sums secured by this Securtry InsLvment fi , �`�� `. ,-_ <br /> '� � Borrower detauits 6 tailin to a in tu:l an month a ent re uired b ch�s Secu� Insbument ria to or on �'` • <br /> ; n Y 9 P Y Y N P Y�►� 4 Y n1Y P . . <br /> �,_. <br /> ,; the due date of the next monthty payment.or � <br /> ` a. <br /> 'f (� Borrower defautts by faiGng.tor a period oi thiRy days,to peAortn any other o6ligations contamed in th�s Secunry i . � _ _.�'- ` <br /> ; instrument ' <br /> � F .. :'��:.=-1'�,�,'_. <br /> r (b) Saie Withoat Credit Approval. Lender shall.iF p2rmitted by applicable law (nciuding section 341(d) 01 the , , �• <br /> GamSt Qermaui Oepository Institutions Ad of 1982. 12 U.S.C. 1761j3(�) and with the prior approval of the Secretary. --��--�=;� �---� <br /> .:,,,*.: _ °^'�=s. <br /> ! require immedate payme�t in fuli of all the sums secured by this Securiry Instrum¢nt fi � . ' ��»--���="� <br /> :�,...,.���,e.y <br /> n All or part of the PropeRy. or a beneficial interest in a trust owning all or part of the Property. is sold or .. • - <br />' othe►vrise transferred(other than by devise or descem).and �-f�- <br />?.,i ;..�-1- y. <br /> . n The Property is not occupted by the purchaser or grantee as his or her pri�cipal residence,or the purchaser or <br /> , grantee does so occupy the Property, but his or her exedit has not been approved in accordance with the ��� �;,i s <br /> .� ��� � - <br />�,��.� �EQUIf2f112IiT.4 Of lh6 32CfetHl�l. � .'••w'"t ;�±:�- ,. . <br />•� (e) No Walver. If circumstances occur that would pertnit Lender to require immed�ate payment in full. but Lender . , <br /> does not require such payments. Lender does not waive its�ights wRh respect to subsequent events. ' �~� '`� °. """ <br /> �'!�,.� :--,. ia, <br /> -;' (d) Regulations o�f HU� Secre�ry. In many circumstances regulations fssued by the Secretary w81 limit , ,,;�;;�;, ` _ <br /> Lende►'s dghts. in the pse at paymeni 'c.c�.e�s':s, to reqcre immediate payment in fufl and foredose if not paid This �:�,• <br /> Securiry Instrument does nat au;:�a�ze acc�cr.�on or toracfr..�re if not pertnitted by regulations of the Secretary. ' ' :r'� <br /> (e) MORgage Not lns�tr¢�. Bor►��rcr a3:ees that ii mis Security Instrumertt and the Note are not determined to � <br /> be e6gib►e for insurance under the Natio:.� I-"vusing Act within 90 d�[S from the date hereot, Lender � t� - <br /> `Y. . .. <br /> � may.at its opUon require im:n�diate pay.^.:e�.:.n full oi all sums secured by :his Seariry Inshumeat A written statement 4�r• ,�:.; ': <br />� ot any sulhorized agent of ths Secretary dated suosequent to SO dsy9 from the date hereof, declining 4..� ' �?2 ,. . <br />� to fnsure this Serxuiry InS.ntmzni and the Mote, shall be deemed conclusive proot o1 <sF:h InellgibEGry. Notwithstanding ".'- � �;� � <br />_,:., �! � ;y{'.'•. <br />- the foregoing,this option mu�+no4 be exercised by Lender .�rt+en the u�availability ol ins�rance Is soley due to Lenders • <br /> faiNre to remft a mortgage insurence prer..kcm to the Secretary. �B - - <br /> ,� <br /> 10. RBinStSteielBOt 8ortower has e dghl '[o be reinstated ff Lender has required immediate payment in tuU beeause ot <br /> Borrowers failure to pay en emount due under the Note or thts Security Instrument. This dght appGes even after foreclosure • ,; •u_,� <br /> - proteedngs ere insti[uted. To reinstate the Security Instrument, 8ortower shati tender tn a lump sum atl amounts required to .�.--.�.�.���.; <br /> bdng 8orrov�er's accouM current inciuding. to the extent they are obligaUons of Bortower :;c:•der this Security instrument. - <br /> � forectosure costs and reasonabte and customary attomey�s fees and expenses properly a�sociated with tAe foreGosure _ _ i= " <br /> . proceeding. Upon reinstetement by Bortower,this Security InsWment and the obligatlons that it secures shall ramain in effect as '�F;��r°Y��:.-.���w <br /> ' N Lender had not requlred immediate payment in full. However. Lender is not required to pertnit reinstatement fF. n Lender has ,_.�=��-- <br /> acceRt.�� retnstatement efter the commencement of foredosure proceedings within two ycc-r•> immediatety preceding the • � } - <br /> ��{' " corr.^-�;:ement ot a current foreGosure proceeding, n •einstatement wi0 prectude foreclosure cr �Yerent grounds in the futere. • �-----� <br /> or(i)reinstatement will adversely aHect the priorfiy c?ths lien created by this SecuAty(nsVument �'�`� <br /> -s,":, j <br /> 11. Borrower Not Released; Forbearance By Le�der Nat a Walver.Extension of the time o1 payment or ��' � ___ - _ <br /> � mod.'?i�..�?tan of amorthation of the sums secured by this Security Instrument granted by Lender to eny successor in (nterest ot �� <br /> � ' Bortovrar sha(I not operate to refease the liability of the odginat Bortower or Borrower's successor in interest.Lender shall not be �• __ <br /> .�. �,.�,• ... . <br /> . requUed to wmmence proceed;ngs against eny successor in interest or retuse to extend Ume tor payment or otherwise mo�ity . . , r�-;���" <br /> amortl7aUon of the �:ms secured by ihls Security Instrument by reason o1 any demand made by the odginal Bonower or ?'_, �•-��—�=-;.-�*.:�_�.`_ <br /> Bortower's successors in interest. My forbearence by Lender In exercising any right or remedy sha0 not be a waiver of or r���� <br /> ,.. .. .. <br /> ...r�_.:'��:. <br /> preclude the exerdse o1 any�tght cr remedy. :��,:' '�'�`f�' � <br /> :..t... <br /> 12. Successors and �t�ns Bound; Joint and Several Liabitity; g � � ��` �� <br /> Co�si nets. The covenants and �` � �'�.�:�-.;,, <br /> a reements of this Sacuriry Instrument shatl bind a�d benefit the suocessors and assl s o1 Lender and Bortower, sub eet to the �`' ���"-'���°"-�' <br /> g 9n 1 �<�;,.�..._.._- <br /> provisions of Para�aph 9(b). 8ortowers cover*��+s and agreements shall be jc�r.t end several. My Bortowe►�•�ho co-signs thls �r's� ` <br /> �y.,� <br /> Security InsUument�ut does not ez:.c;ne the hc�e� !a) Is co-signing tMs Security Instrumant ony to mortgage. �znt and eonvey ` 'v� — <br /> that Bonowers interzst in the Propefty under the ter,rs of th;s S�curity Instrumen� (b) Is not persane(ty cL-:3�:ed to pay tF.� ���;. ' <br /> sums sscured by tfi� Socurity I�strument: esid (c) agrees thr;s :,r-�er and any olher 8ortovier may eflree'.� ex[end, mo�fip. �'' ;�;',,,�„•`�. __ <br /> forbear or make z�y accommo��:r�s wfth re�C ta .he tert:� cE :'is Secudry Instrument or the Note withc�s• thet Bortower's �•'�'�''4�^F �}�ir' � <br /> consent. `.,� �-s ' .�irt},._ . <br /> C•;•.�. t. <br /> 13. NOtCCO3..:.: notice to s�ower rovided for In this Securi Instrument shall be iven b delivedn �t or b maiiin d �' ��'.'�' '''�'�n�e•=�;u:a?-q.�;;•. <br /> " I P tY 9 Y 9 � Y 9 � �_...��(is�:.=ti�-. - <br /> by first class mail ur.tess applicab's .ax requires use ot another method.The notice shail be directed to the Property Address or � <br /> any other address �crrawer designates by notice to Lender. My notice to Lender shall be glven by firs! class mail to Lender's � • ' � •• � - � <br /> address stated hErcn or any address Lender designates by noUce to Bortower. My noUce provided for in this Security �� . ' <br /> Instrument shall be deemed to have been given to BoROwer or lender when given as provided in this paragraph. . � - •� ' �: <br /> 14. Governing Law; Severability. This Security InsVument shall be govemed by Federal law and the law oi the , � � �_ <br />� jurisdiction in which the Property fs located. In the event that any provision or ctause of this Security instrument or the Note � t <br /> �,:� � � . <br />- F5513.LMG(91d61 P�q� ��t S -_---- ----�--,--— . . <br /> . �� �. ' i <br /> . , s <br /> 95i95 . . <br />_ •--- `��. _ . „ <br />� . . ... .. .. t.� � 'kri . ,_ � - � - - , . . . .. .. . <br /> �... . , <br /> . . �� .._ . , .. . � _ : . . . <br /> .� <br /> . . . . - 1 . <br /> -.i .. , . , . . . .. ��. . . . ._ � .. . . . . _ . <br /> .. ..�. �. _ . .. ' � ... . . � . . ... . ' . � .. . . . ,�}+. . . . . .. . . , - • . . . .� . . .. � .. � . _ . . • . .,.c .. . . . <br />