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<br /> My amouots disbursed by Lender under th�s Paragraph shali become an addiLonai debt of B��er and be secured by ` � , _ '-
<br />� � this Security Instrument These amounts shall bear interest hom the date ot disbursement at the Note rate. and at the opCOn of �-
<br /> Lender. shaG be immediately due and payaWe ' , � ��
<br /> � Borrower shall prompUy discharge any liea which has pdorfty over this Secudty Instrument unless Borrower (a) agrees m � ` ��_y
<br /> �. = . -
<br />' wrrtmg to the payment of the obGgaGon secured by t7e tien m a mannsr acceptab!e Lo lender, {b) contests,n good}aith the Iien �_ ._y._'� _:___..__ `,_:,___
<br /> ' by. or detends against enforcement oi the lien in. Iegal proceedings which in the Lender's opmion operate to prevent the , ' °
<br /> enforcement of the lie�; or {c) secures from the holder ot the lien an agreement satislactory to Lender subordinating the Gen to � . •-
<br /> this Security Instrument. B Lender determines that any paR ot the Property is subject ta a IPen which may attam pnonry over th�s � � .� _
<br /> Security Instrument Lend2r may give Bortower a notice identitying the lien. Borrower shali saus�ty the iien or take one or more of : _ ,+�
<br /> the actions set forth above wfthin 10 days of the gning of notice. . -
<br /> 8. Fee3. Lender may co�ect fees and charges author¢ed by the Seaetary. - - •—.--- .- ` " .'`
<br /> 9. Grounds for Acceleration of �ebt. � � � �, �
<br /> (a) R8fiaUft. Lender may, except as limited 6y reguiatons issued by the Setrefury in the case oi payment�efaur's. > • _ , -_ �,
<br /> •..�;t.�`�� R• _
<br />`f'�: require'vrfeeda4e paymer.t in fuU of a11 sums sewrfd 6y th�Sec� Instntment iI: �;...•..:,�3 s+,::'•'"'-+;'Y.'�:^;
<br /> � ���;':.'.�� �:t`;:�--�.rr.;1,,.
<br /> ' (; Bctro•rre�de au:ts hy fa�ing to pay in tu7 a�y monthPf pa�m�rrt requced hy this Sxsurit�•instrumard pncr tc cr on :_i:,:`.,��'.. . -"�_;��1�`x.=,�^••
<br /> ins��3 date of the ne�t ma�th; a ryneni.ar ��' ,��:' ':
<br /> ��• (� 8o:rower dzfauEs by f�i��.f�a p�ind ot thiTt}a2ys.to perfnrtn any a[her obCgaUons cantained in th�s S2�rity . .___�-T'�=--�"�-
<br /> ` Instrument � '�:�?t?� —
<br /> (b) Sale Withoat Credi� Approval. Lender shali. H pecmitted by appGcabie law (induding section 347(� of the =`�`rs�;;i:�-; _
<br /> GamSt Qermain Depository Institutions Aci of 1982, 12 U.S.C. 1701 j-3(�) and with the prior approval of the Seaetary. '.
<br /> require irnmedtate payment in full of all the sums secured by this Securily Instrument it - ';.� "
<br /> (n All or part of the Properry. or a benefldal (nterest in e trust owning ail ar part ot the Property. is sald or � �_ ��r�_
<br /> othervvise transterred(other than by devise or descent).end � ��'�� `�'�:-� .-r
<br /> (ii) The PropeRy is not occupied by the purchaser or grantee as hfs or her prtne�pal reaidence, or the purchaser or � r�'�r='��f g_""°"`
<br /> ��. nntee does so occu the Pra e 6ut hls or her credit hag not been approved (n accardance w(th iho _ ''� " �'�'�-` ••
<br /> 9 AY P RY• ��''-�--�_ ;�
<br /> reqWrcments o1 tno Secxetary. -. -�-
<br /> �� j (C) NA W�IWf. It cireumstancos occur thnt wouid pmmil lendar to roqulro Immedinte pnyment In fuu, Out Lender � �:�`-.±> .`•��-�-�----
<br /> � � doos not require cuch payments. lendar doos not walvo Its dQhls wlih rospect to subsequent ovents. "�Y:�� ,Y �^--
<br />' (d) R�gulatlons ot NUD SoCeo4aryl. in many circumstances regutaUOns issued by tho Seuetary wiU I�mit ;� --
<br /> . Lender's AgAts. !n the case o1 payment detaufts, to require Immediate pnymont In tuil and fareelose i1 not pald. This
<br /> Securfty Instrument does not authorize accelerallon or toreclosure if not permitted by regutaLOns of the 3ocretary. ��:�' ;._;_
<br /> (e) MoRgage Not Insured.Borrower agrees thal H this 3ecuriry Inshument and the Note are not detertnined to � ;�� ' �"
<br /> � be elig(ble for insurance under the National Housing Act withln 90 d8y9 trom the date hereof. Lender _ �,
<br /> may,at its optton requ(re Immedtate payment (n full of all sums secured by this Securfty Instrument. A wdtten statement _ P'':�•'_��.
<br /> � of any authortzed agent of the 3ecr�tary dated subsequent to 90 d8ys from the date hereof, decUnfng :;� �
<br /> , to Insure this Security Instrument and the Note, shall be deemad conciusive proof o! such ineliglbUfty. Notwithstanding - ,�> —
<br /> ' the foregotng, this opUon may not be exerotsed by Lender when the unavailabfliry of ins+�rance is solety due to LendePs !;;�� :�.,:�„_
<br /> ,. : faffure to remit a mortgaga insurance premium to the Secretary.
<br /> � 10. Reinstatement eorrower has a right to be re:,�stated'rf Lender has requtred immediate payment in fu0 b^�se of ~W ,�,��'�
<br /> Ba:rovters isi''.ure to pey an amourri due under the Note or this Securiry InslrumenL This right appGes even after fc:ec�osure M-•,��
<br /> ' '� proceedfngs sro Instftuted. To reaistate the S2writy Instrumen� BoRrnve� shall tertder fn a lump sum ati amounts ►equired to .`•
<br /> ,;?�!1.�? ----_
<br />������'� br(ng 6orrow-�'s accourtt cu�e.nt Includ'mg, to the extent they are obfigaUons of Borrower under this Secudry Instrument. ;,;�+jr�;_,-;�
<br /> •.;�, foredosure cos:s and reasoaebte and astomary attca:�y's tees and expenses p�operty associated wrih tfie "xeGosure ` -
<br /> ° �•�I�79�oii+s':-
<br /> ;.c��,eding.Upon reinstetement by Borrower. this Security�I:��ument end the obligations that it secures shall rema;n u.��aP;ect as '' '
<br /> ,.i,fi �' .rd1
<br /> i; lartider he�no1 required immedlate payment tn full. Horr�•ar, Lender is not required to pertnft reinstatement il: � Lender has � � l
<br /> -'' -�..�.::-
<br /> accepted reinstatement after the commencement of forec2osure proceedings within two years immedlately preeeding the -,;'•,'. _-
<br /> commencement of a cuReni ioredosure proceeding. (� rar.�iement wiU prectude torectosure on diHerent grounds in the tuture, :
<br /> cr{i�refnstatement wiil adversely aftect tha prtor(ry of the[sr:created by this Securtty Usbument � '"'�'��
<br /> �" ;1 . e�';.�
<br /> � �,_�-��__ .�
<br /> 11. Borrowes Not Releaued: For6earance By Lender Not a Waivor.6ctenslon of the Ume o4 y_�ment or �-�,=,-
<br /> � �� modificatice� :.�.amortlzaUon of the sums secured by this Securiiy Instrument cyanted by Leader to any successor in interest of .t���►i�--
<br /> .'j:f ;
<br /> : 1 : Borrower st�t;;:at operate to release the Iiability ot the original Bortower or Borrower's successor tn in:erest. Lender shall not be ''�; x�'
<br />, � � :=quired to co:nmence prc�9ings against any successor in interest or refuse to extend time for payment or othervvise modify �' ��'��"� - �.�
<br /> amortfzatton o! tha su^:s s�vred by this Securfly Instrument by reason of any de.-r.��d made by the odgfnal 3oTOwer or ��;`�`�� `'°'
<br /> Baaower's �_�r.=ssors in Mierest. My forbearance by Le�der in exercising any rigM or remedy shall not be a v�z.har o} or •` --- --� .
<br /> preclude th�e�rcise oi any rlght or remedy. "����,'
<br /> 12. Successors and Ansstgna Bound; Joint and Several Uability; Co-signera The covenants and .�'� '�:•�
<br /> agreements o1 this Security InsUument ahall bind end benefR the successors and assigns of Lender and 8artower,subJect to the --�—� -
<br /> '-:���_-
<br /> provislons of Paragraph 9(b). Borrower's covenants and agreements shatl be Joint and several. Any Bortower who eo-signs this
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