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<br /> d $!��'"'�;
<br /> � h shaU bacome an 8dddional debt of @arrower end be seCUred Oy ��,%::
<br /> . ' � Any amo+�ats disbursed by Lender under this ParagraP . .�T,�,�.
<br /> InsWme+�t'rnese amountis sha0 bear mterest�m the date of disbursement at the N��•�d et ths Optlon Of � ;, J" f.;:
<br /> this Seout�y � z . ..
<br /> �ender,shali be immedisteH du8 end payBble- ���mant unless Borrower. (a)agte9s � i �' �
<br /> " BoROwet ShaJ PromPUY dischatge enY 1'�en whict► hes P�MY over Utis Secur�Y `
<br /> �. �.
<br /> � � vnituig to tfie payment ot Me obligation secu�ed tiy t►�e �^°1 a�n�����to Lender, (4)eontests in goad faith th�a Uan � : _ _
<br /> - roceedin which in the lenders oP�ion operate to preve t ths � ��4. -.°-
<br /> ' `' by, or defends against eMCrceme�t ot the Gan in. ►e9a1 P � ..,
<br /> enforcernent ot the Hen; or(c)secures trom the hatder of the lien en e9ie�subJ�o a�tlen whtct�d8mayuaottIIin Prlo RYh�this � . '��>:
<br /> - . this Sewr�y Insuument If Lender dstertnines that any Part of the Praperty � � �;�
<br /> d
<br /> , S��Iny.������y give Bortower a notiCe Ide�t�YinS the�.Bo�wer ShaO SatiSly M8 lien or teke one ar more ot � .'��t. � ..�
<br /> "' the actlans set toRi►above wdhtn 10 days of the gNing of natice. � : :i�•
<br /> =-;r--^�,f"`�:� S.��8.Lender m8y Cotleet fees and charges ButhOri�d by tho SBCretarY• ,
<br /> ' 9.Grouads Yor Acceleration o4 DeOt ��
<br /> ' � (a)DetauiL�e�+aer�►+ay. excePt as Um@ed bY fe9utations issued bY the SecreterY m lhe case of PaYment defau�.s. -, '.
<br /> m
<br /> t in tu0 ot ati sums secured by this SBCUritY Instrument fi 1 .;
<br /> � requQe immediate PaYm� monthry Da1R�ent required by this Securil7l�nstrument prtar!o or on •,
<br />. '. , _ n Boaower detautrs bY�9 to pay c�1u11 enY .. . .'
<br /> � , ' the due date of the next mortthty Paym�+�o� "" �. ;:.. .
<br /> • � (fij BoROwer detauits bY fa�T�9.tor a period of tfiirty daYS.to PeAon°e�►y o�er obGgations conteEned'u►thts SeCUMY . -. �
<br /> ...,�s : ,
<br /> . • � InsUUmen� ' � -..
<br /> ,� (b� Sate Without Credit ApBroval.Lender sheII, H Perm@ted WI ePA�fe taw (incruding secUon 341(d)ot the :�c � , •:-
<br /> I ot the SBCretery. -° „r.° :-.
<br /> Gam-St Gertna3n Qapository �nst�utfons Act ot 7982. 12 l).S.C. 1701j�3(d)Inslrumen�t iF.8 D�r �F� . .c. r: .'�Y"-°_
<br /> � . , � requUg immediste P&Yment a�fu0 of 80 the sums Seeured by UtiS SBCUr1Y •%''-•'�''t��;.
<br /> r�=
<br /> � (� AO or paR of the PropeRY. or 8 beneficfal fiterest fi a Lrtist ovming a0 or part o!the PropertY. ls sotd o� .. ,�.i=
<br /> � ^ �=k"'��
<br /> . , otherwise bansierred(other than by devtse or descent).and . �,=�;�-
<br /> , � {6�The Property is not occuplad by Me purchaser or grantee a3 his or her pr�ncipal restdence,ar the purehaset or •; _ —
<br /> a _� � •_
<br /> . . , grantes daes so occupy the Pcope+W. but hts ar her ared� has not been apD��d �^ �ordanee wSh the �
<br /> � requirements of the Secretary• n �
<br /> � . �._,._ �C) NO WBtYEf. If circumstences occur that would Pertnit Lender to re4utre tmmediate PaYment tn fun� but Lender r : �.�"�'
<br /> � does not re4uae such paYm��•�nder daes not waNe its r+9hts wilh�espe�to subsequent euents• Y,u f�� . ��
<br /> ' In manY ctrcumstances reB�6ttions issuad by the Sl�cret8►Y • .� �:�._
<br /> ': � ���- (d) HegulaUons of HUD Secretary. �-,�.r�-::ti
<br /> � r-�•-. .se4__
<br /> ' h m e case of payment defaufts, to requhe immediate PaYment in tull and lorectose H not pa�0• This _L L �
<br /> LenQ9fs ri� tS. � t� .4i ;.
<br /> , �. �.R,,
<br /> _ • Security Inswment doas not eutltorae aacel8tation ot foceCfosure if not pe��e�d��e No�acee not de�tned to � �d
<br /> � `� I� � e Not Insured.Borrower sgraes that H this Sewrity -- '���`�"`
<br /> ' - . (e) Mortga9 ',
<br /> Lender "s?�—�
<br /> be eligbte tor tnsurance unQer the NaUonal Houstng Act within� 04 d8V8�90D from lhe date hereol, �3
<br /> . may.at fts option re4uire 6nme01ate paY�nent In(uil of alI sums secured bY���curity Insuumen� A wr�ten statament •;�•�.,._��.
<br /> Ot enY euthotlxed eSent Ot the Sec[etetY d9ted sub584uent t0�OT A&VS�90� from the date �ereet. dectining . . �:��,,�_
<br /> • to �nsure thls Seaurfty lnsaumen!and the Note. shail be deemed concNsive Oroof o/ suCh ineRgibiGtY. Notwit�standing -__—_
<br /> � � ' the toregoing,tAis option may nat be exercised by Lender when the unavaiiabildy of insurance is sot�iy 6u8 to Lenders ;'.,;;���ti,�.
<br /> . � � tailure to remn a mortgage tnsurance Premium to the Secretery. ��'�b�:
<br /> _ � .�: :�t'�,"-_
<br /> � 10. REftlSt�tertiB�L BoROwer has a rigM to be reinstated N Lender has requUed immedlate payment tn tu11 because of . . . �
<br /> .: � � . -
<br /> • , , . -. ,: -
<br /> ' `!�*:tT•-
<br /> -.:�..' Bortowels failure to pay an emount due under the Note or this Securityr Instrument.This right apD� �n�t orec osu .. , :,4:�u:` _
<br /> � �. � proceedu+gs are insCrtuted. To rerc�state the Security► instrument, Borrowet shail tender � e tump sum 80 emounts n��en1, . � "���'
<br /> 'r. a7.�i::'--'-"`.
<br /> brmg 8ortowefs account current including, to the extent they are obligations o1 Burrower under Mis Seeurity , . .. .�.�y
<br /> • associated with the forec(osure ;,�_,�.
<br /> torectosure costs and reasonabie end customery attomey's tees end e�enses p�°p�Y • �`
<br /> proceedin8.Upon renstate�ent by Borcowar,this Securlty�nsUument end the obAgations that R secures shall temab►in enect�e , :;� �
<br /> , � _ � i f l e n d e r h a d n o t r e Q u U e d I m m e d t a t e Pa S�ent en��of to�Wsure�Oro eedings w R h i n�t wo y e a r s S i m m e d t e 1 Y 0�d(n g has .
<br /> .:`�,._
<br /> accep t e d r e i n s t a t e m e o t a ft e r t h e e o m m e n c e :''�w..-"`�°:
<br /> � � commencement of e current forecWsure proceeding, (i�relnStEfement will prectude forec l osure on d i f f e r e n t g r o u n d s i n t h e f u t u r e, _
<br /> :s�*�r--
<br /> or(iu�remstatement will adversery aNect the priority of tne Iien crested Ay this Securiry Insbvment. . . . ��_
<br /> � � � ' � Lender Not a Waiver.Extenslon of the time Of p9ymen!of '�.?�r'.
<br /> ' 11. Borrower Mot Re lease d; F o r b e a r a n ce B y , .
<br /> • � mod'rficstion of amoRirBtlon of the 5ums Secured bY e ors alrBorrower orn9a c er bsuccessor n Ent ras�Lender sha0 not be . �
<br /> _�.:�:
<br /> � Bonower shall not oper8te t0 ret0ase the liability o t 19 ,
<br /> � � •� required to Commence proceedin9s a98�Sg S c`�Instru enttbysr88son Ot enydemand m8de byrthe ortg1�A/8o owetdor ,
<br /> '° amortiiation ot tne sums secured by . •
<br /> � Bortowers successors in �nterest MY f0�bearenCe by Lender in exerC�s�9 �Y ��t or remedy ahall not be a welver o1 or
<br /> ' prectude the exercise ot any right or remedy. ��gners. The Covenents and ' ��
<br /> 12. Suceessors artd Asslgns Bound; Joint and Several Llablllty; •
<br /> � � agroements ot thi5 SeCUrity �n 8 awers cOvenants endnagreements sha/beejo t and seve a n MY Borrowe�iWwAo co-s a�s his '�. .;
<br /> � � p�ovisions ot Paragraph 9(b)•
<br /> Securdy Instroment but does not exeCUte the Nota (a)is co-st9nin8 this Security InsUument onry to maRgage,8rant end Convey
<br /> tnat Borcowers Interest in the PropeAy under the tertns o1 thls Security Instrumenr (b) Is not personalty obligated to pay the .
<br /> � . Sums secured by thts SecurRy ��sUument; end (�1 8�e tertnjoithlSrSeCUrity InSWment ot the Note wRhOUt th8t Bortove�s :
<br /> ° � lorbear or make anY accommodatlons witA regard to .
<br /> � Iconsent. : .
<br /> � 13. NOtiC88.AnY notice to Borrower provlded tor in this Security InsUUment sh811 be given by dellvering il or by malltng tt
<br /> Dy first ctass ma��untess app�ieab�e Iaw requires use of another method.Tho notice shalt be dUected to the Pcoperty Address or .
<br /> • , ' i eny other address Bortovfer deslgnates b/ noHce to Lender. AnY notice to Lender shall be gNen by iUSt Class mail to I.enders
<br /> • address statod heretn or 8^Ynade hOenL�en to Bon'ower o Lender when givenWes p►w�dedtinet Is pgragraph,� th19 SeCUrity
<br /> + mstrumont shan De deemed to a S
<br /> 14. (ioverning L.ew; Severebility. Th1s Securityr InsWment shall be govemed by Feder8l �strument orat e h�ota .
<br /> . �unsd�Ct�On in which the PropeRy is �ocated. In the event that any p ovi5ion or clause ot this Security I
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