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201107845 significantly atfcct Lenda's rights in tltc C ropcty (such eis a prua�cdine ii� b�mlauF�tcy. li�= contiemn�tion or tn enforce laws or regulatinns). then Lcndcr m�y do and pay whatovcr is nca;ss�zn� �o proLcd lhr. value uC lhe Properl; anJ Lender's righLS in Lhe Properly, includir�o paymei�i of t�ttes, hazard insuranca and uther items mentioned in pAragraph 2. Ai�y mm�untc dis6ursed bq Lcnder mider this paragraph shatl becom�tin addi�iuned dcbl ol�Burruwrr ruid be secured 6y this Sccurity Instrumenl. Thosc smiounts shall hcar intcresl 11-um thc dnlc of diabursemenL nt ihe- Nole� r�te, and at the option of Lender. sh�ll be imrnedi�teh- due a�id paq5'able. I>orrower shall pinmptly discharge any lien �vhich has priority over chis Securiry lnsvumcnt�mtcss Bnrruwcr. (s) agro��s in wri�ing ta the pnymcn[ol�hc o6ligation sccur�Yt by Lhe lien in �mxoner �ccept�ble �o Lendea�: (b) conLests in euod �aith the lien by, or defends against en1'orcement of the lieri in, legal prnccadings which in the Lendar's n��inion nperita to prcvent the cnforcancnt of lhc Iicn; ur I,c) securca liom lhr i�older uf ihc lien nn agrcci�ncnt sa6slkutory W Lendu-subordi�atino ihe lien Lo this Security InstrumenL If Lender determines that any p.ir�oF�he Property is subject to a lien �a•hich inay citt�iin prioriTy nver this Security Inserument, I,endar mny give [3orro�var n no!icc idcntih�ing thc ticn. Borruwcr shnll s�lislq the lien or tnke one or more of Lhe�c�ions set furUi aboee�+�ithin 10 days oFthe eivinR of no[ice. 8. Fees. L,ender inay collect fees and charges auihorized lay llie Secratary. 9. Grounds for Acceleratioro of DeFrt. (a) DBfBUIt. Lender may, cecept as limited by regututions iss'ucd by the S�wrr.lary. in I.hr. cave��I payinem detaults, require immediate paymeut;n Futl of pll sums secured b}� this Seeurity Instrumcni il�: (i) Rnrrmt�er defaolts Ly failing b� pay in ihll any monlhly pnymcnt rcquired �y lhis Securil7- ]nstrin��en�prior �o ur on the due d�de ol thr netit inunthly pn;meut, or (ii) Borrn��cr dcftiults 6y fniting_ for s period ot Oiirty deiys, lu }�cr(brm uny o�her obligations contained in this SecuriN .nsirwnent. (b) 8ale VdiShou[ Credit�pproval. Lci�dcr sherli, if pcnnit�cd by .�pplicable law (includiug Seotion 341(d)oftheGarn-St Germain Depository Ins[itutions �4c�o�F79R2, 12 U.S.C. 1?Otj-3(d)) snd wilh thc priur approvnl ol thc Secrclary, require imm�ditiic pnyincnl in tull oC all sums secured 6y this SecuriTy tusT!'ument if: (i) AII or pnrt ni'che Nroperty, nr a�ienercial �nizrest in a trust nr��nino a;l nr part of thc Property, is sold or o[hcnroisc Lransfcrrcd(ulhcr ihar.by dcviac or ct�uenll, ancl (ii) 'I'he Property is noc occupied bp the purchaser or �rantee as his on c�r E;rinciF�nl residci�cc, ur lhc purch�vser or grantee does so nmupy the Prnperty bu[ his or I�cr cruYli� hus nut been �pproved in [icwrdunce wflh the requiremen�s of the Sea�etary. {c) No 9Naitie�. If circwnstanccs occur thnt�vould permf[Lcndcr lo requirc immedia�e pa.pn�eut in full. bui Lender does not require such payments, Lender does not�caive iis righis�vith respec�to su6scqucnt . cvei�ts_ (d) Regulations of HUT3 Sec�etary. in muny circumsinnces regulatious issued bq the �ecretary will limit I,ander'e righcs, in the ca,e of pa}�ment defaults, �o require immediatc paymcnt in full aoet forcctoac if nul pxid. This Scourily InsL-umci�l Jocs nul nuihorizc auccler:ition ur foreclosure if not permitted by regulations of che Sea�et2ry. (e) E�JloRgage Not Insured. Borro��cr agrees thst if this Sccuritq Insirumcnt and Lhe\oie tu�e nvi delermi�ed lo be elieible lor insuremce under ihe V�ation�l Housing Aot within 60 Aays from che date hereof, Lender may, at its option_ reguire immediatc payment in futt oF all swns acuurcd bv Ihis £0"q8�2323 10004fli0D01�55f�'A3 '��Qi FHA Mort9w.]a\N.-fH MERS-NE n_vis 4 419b Amentletl]104 VPAP mJ VP.9P4'J(Nq(1105) VJOltais ICluw�Fnaimlal 9�vvlces Pa3e o U 1^