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<br />� My amounts distrursed by Lender under this Paragraph shall become an sddiUOnal debt of 9orrrnver and be sewre� by - •'° ' ___
<br /> this Security Ihstrumeni. These amounts shall bear�nterest hom the data af disbursement et the Note rste.end at tho uption ot ` �., , .` _
<br /> , ..-;,_
<br />� Lender,shaU be immediatety due and payable. ` , • • . _
<br /> Barrower shaU prompUy discharge any tien whish has pdoriiy over this Secudry Inswment unless 8orrowec ta) agrees in �
<br /> ` wnGng to the payment of the abGgztion secured by the Gen in a manner acceptable to Lender. (b�co�tests In good faAh the Ilen , r,'t , `. s Ys
<br /> by. or d�tends e9ainst enforc2ment ot the Gen in, 1eg31 proeeedings which in the Lender's opinion operate to p�+�� the _ � ��•
<br /> eniorcement of the Yen: or (c) secures irom the hotder ot the Gen an agteement sutisfactory to Lender subordinavng the fien to
<br /> �.: -.%i'. �=s�s-:
<br /> this Security �nstrument. ii Lender d2termines that any paR ot the PtopeRy ls sub;ect to a Gen wS�ith may attan pnonty over this � � , _, �_�
<br /> ge,urityr InsUument. Lender may give Borrower a notice identifying the fien. Borrower shal! saLS1y ihe lien or take one or more of : —
<br /> the a�ions set foRh above wfthin 10 days of the giving of notice. •,. . : ,,;--
<br />;`� S. FeeS.Lender may collect fees and chazges authorized by the SecreLZry. ,;=�--''�-.;-�`--.:�=-- ..__
<br /> `,�� 9.Grounds for Acceler4ton of Qebl. � . � '. '' , ,s
<br /> � (e) D9fsuit,. Lender may. except as I'nnited by regulations issued by the Seuetary in the case of payment detauits. — s � *��I _��
<br /> _ .a requfre imme�ate Payment in fuU of all sums secured by this Secari►Y Instrument fi •-.�;,�,: �:'i—
<br /> �Barrov�er defautts by fa�Ting tu P�Y������Y monthy payment requlred by this Sewrtt�r �nstrumenl pnor to or on -_ �, '� - :..�.
<br /> the du2 date ot the next monthly paym
<br /> ent.or ,.,..y r,t� a:�.,,?rtt°=;
<br /> n Borrower defaults 6y failing.tor a period of thirly days.to pertarm anY other obligaUons cantamed'm this Sec�rity •, ''+�'°���'';:�._:
<br /> ll � _
<br /> .. InsUumest ^J��•
<br /> • � (b) Sa1e Without Ca�cEt3 �►ppposoaD_ �.�,aer shatl. if pennitted by applicab(e law (inctuding section 341(d) of the '�''::.+��--
<br /> and with the nor roval oi the Seaetary. :�„r' "� ` �
<br />' GamSt Qertnain Depository I�sGMions Ad af 1962. 12 U.S.C. 17Dt}3(d)1 P aAP .=1�$'��
<br /> ' require immediate payme�t in tuU af ail tfie sums secured by this Securiry�nstrumenl fi :=— � ��
<br /> , � WI or paR of the PropeRy. or a beneficial interest in a trus! owning all or part oi the Property. is sold or '`.`�':_-
<br /> � otherv�ise transterred:o'ner than by devise or descen�.artd
<br /> '`'���_
<br /> (� The Property is not occupied by the purchtaser ar grarttee as his or her prindpal residence,or the purchaser or "-�°`�;�-- _ '
<br /> grantee does so occupy the Property. but his or her credrt hss not heen approved in accordance wilh the '!'c..�'��F:°-
<br /> requiremenis of the Secretary- a ' � �
<br /> ' . (c) No Waiver. H �msta�ces oca�r that would Pertnit Leada'io require immedate pa5m�
<br /> ent in tuil. but Lender .�'-� -':
<br /> ' ,� ��"
<br /> does not require such�jrnents, Lender does not wsive its r.ghts with respect to subsequent events. . ��,��
<br /> .. (d) Reg19lat�otls a$' l`'IUD SBCret'dry. In m,zny arcumstances regutaGons issued hy the Secretary vn11 Itmit ''_.� .�� ._,;r— -^
<br /> Lendet's r�:Ks, In the case ot payment detauits, to require immediate payment in fuil and foredose it not paid This �I''���
<br /> Secu rf t y In�.�ment does not author¢e acceleration or forectosure if not p2rtnitted by regulations of the Secretary. '`,�• ;( "s
<br /> (e) Most�age Nat tErsured. 8o�mv�*a'agrees thrS� K this Securtty �nstrument and the No te are no t d e t e rt n i n e d t o < ,,,.,,
<br /> -s!Haasing 1+d within 90 davs from tfie date hereot. Lender °.. ���-
<br /> be�i�ble for insursnce wTdr�the N2tia.� °`�'
<br /> � may,et fts option re��irn irm�ediate paymant in ri0 of��6 sums secured by this Securfry Instrument A vrritten sffi��t ,I�.,; `1 r�`., �
<br /> from the date hereot. dEdin�g '•'��
<br /> of any a�.�"�adzed age�::c:�he Secretary dated subsaqu�.ss to 90 da�s !;'�' �s'� _
<br /> � to Nsur�'7su: 3ecuril!!Instrument and tise Note. shaU �e deemed czRCtusive proot of such ineligib�ity. NotwRhstandin9 ��f�,: •--.-
<br /> ' '.r the fore5arr3. �his option may not be e�cETCised by L�cder when the unava�7ability ot insurartce is solely due to Lenders :.:►� �
<br /> � '� tai'lure to remit a mortq�.���surance premium to the 8e�re�ary• � +�'€:� ; �
<br /> ���I, -
<br /> .,� ..'.:,.;:;:. _°-
<br /> � 10. R81nEt8tem8M.6a�wer has a right to be reinstated if Lender has required immediate payment in full because of �(�, �.� ,; �;�;;
<br /> - Borrovrer s failure to pay an amount due under the Note or this Securtty Instrumen� This rfght appUes even aiter toredosure ---
<br /> , proceedngs are Instituted. To reinstate the Security Instrument. Borrower shall tender in a tump sum all arnaunts requlred to • ;
<br /> � brtng 8orrower's account current indu�ing, to the extent they are obGgaUons ot Bortower under this Securiry instrument. -• �� _�„������
<br /> � tereclosure costs and reasonabte and wstomary attomcy': tees and expenses property assoei3ted vrith the to�edosure ,r ..r;,'.�-A%`,•._ .-6•�•-.
<br /> p�a;edmg.Upon teinstatemeN by 8ortower,this Security Instnu.nent and the obflgallons that N seeures shall remain In eNect as t,�yy��� :-. y_
<br /> (1 �cn d e r h a d rt o t r e q u i r e d i rt u n e di a te p a y ment in tull. However, Lender fs not requhed to permlt relnstatement�: O Lendcr fies _ ��;.,=,.
<br /> accepted r�nst�r��ent after the conmencement of foreclosure proc�r.,�.-rgs v�ilhin two years immediatety preceding the _ ---
<br /> ccmr.enceme:�c �.1.:= current ioreclosure proceeding. () reinstatemerrt«�t�'aclude toreclosure on diHerent grounds(n the f�c^�re.
<br /> - o�IpiS reins412ement wiU adv�r�y aftect the prioriiy ot the lic-n cr�'ed by this Securily InsWment �t��y,�'�;
<br /> �i>,��::' - - ---
<br /> 11. Borrower Not Rat%ased; Forbears�cw I�� �.r�nder Not d Watver.Excens!on of the ume ot payrr«,t or {<<; _ :
<br /> modiflcaUon of amortizaUon a1 the sums secured by thls Sec:rtity Instrumerrt granted by Lender to any successor in (nterest o1 - ��
<br /> Bonower shali not operate to retease ths liabillty uf the odginal Borrower or BoROVrers successor in interest Lender she➢not be � ��¢7�Y;,,
<br /> � � n-�7utred to comm�ce proceedings agalnst usy •a�ccessor(n interest or refuse to excend time for payment or otherv+ise modifyr i_J� ...�,;•�
<br /> ---_.�=:_.....
<br /> �ccrtimUon of ihe sums secured by this Sewdry InsUumant by reason ot any demand made by the original Boaower or �•�'� . : ; • +;-:.
<br /> Bortower's svccessors in interest. My fofiearance by Lender in exercising any dght or remedy shaU not be a waive► ot or �4,-���=-
<br /> , � p►eclude the exerase ot any dght or remedy. 'T�+'{��
<br /> ?.i'�, 12. Succatcssors and Assigna F3auad; Joint and S��et'a1 Llabtlity; Co-sigrt.a�vr'.b. The covenants and ��..
<br /> : , �,�. agreements o1 this Security Instrument sh�Jf L•I!.d and benefit the successors and assigns o1 Lende►s.r��r.sower,subject to the ���_
<br />��.'
<br />�•t.�.,>. �. provislons o} Paragraph 9(b). Bottoweis caue,-.ants and aqrv.�r.ents shall be Jolnt and seruvl. Qn� Ecrr3wer who co-signs this r-�—�r_:, ��,�-
<br /> �- :r! Security InsVument but does not execute[ha i�r_�s: (a)is a�=•r3ning this Securily Instrurt::nt u:[y to m�Kn,sge, grent and convey - � •:� �,:___.
<br /> 4,.
<br /> �;.�� that Borrower's interest in tha Property �f�Cr;r ir,e terms ut this Seeurtty Instrument; (b) is not pe�on�:'i obl!gated to pay the � �.
<br /> ��.- � ,�����,��
<br /> sums secured by this Securfty tnswment; :�i4 �e) agrees that Lender and eny other Borrower may �g•ea to extend. modity. � _
<br /> ��a��-..
<br /> forbear or make any accommodaUons with regard to the tPrm of this Security InsWment or the Note viithout that Barrowet's :�_� �
<br /> . :-�i-.'�'' .
<br /> . c,3nseM. ';?�t;ia„i?i'�£'�'_'..'
<br /> 13. NORiC99.My notice to Bortov�er provided for in this Security Instrument sfiali be given by delivedng A or by maflirg it .� :�:�.;_ �
<br /> . by first eiass mail unless appilcable law requires use ot rmother meehod. The notice shall be directed to the Ptoperty Address or �._ :. , _
<br /> any other address Bortower designates by notice to Le�der. Any nolice to Lender shall be given by flrst class mail to Lender's _ �- �'= -_- •__
<br /> address stated herein or any address Lender designates by noUce to 8ortower. My nodce provided for in this Security
<br /> � InsUument shall be deemed to have been ghren to Bortower or Lender wAen given as provided in this patagraph. • , , .� �.
<br /> .�� 14. Qoverning Law: Sev91"dbllity. This Security Instrument shall be govemed by Federal law and the law o1 the , '_'�
<br /> jurisdiction m which the Property �s located. In the event that any provision or clause of this Security Instrument or the Note , . �
<br /> � 5 ;.. ,
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