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20110906� exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a mortgage insurance premium to the 5ecretary. 10. Reinstatement. Bonower has a right to be reinstated if Lender has required immediate payment in full because of Bonower's failure to pay an amount due under the Note or this S�uriry Instrument. This right applies even after fore,closure proceedings aze instituted. To reinstate the Security Instrument, Bonower shall tender in a lump sum all amounts required to bring Bonower's account current including, to the extent they aze obligations of Bonower under tlus Security Instrument, foreclosure costs and reasonable and customary attomeys' fees and expenses properly associated with the forealosure proceeding. Upon reinstatement by Bonower, this Security Instrument and the obligations that it secures shall remain in effect as if Lender had not required immediate payment in full. However, Lender is not required to permit reinstatement if: (i) Lender has accepted reinstatement after the commencement of for�losure proceedings within two years immediately preceding the commencement of a current for�losure proc,eeding, (ii) reinstatement will pr�lude foreclosure on different grounds in the future, or (iii) reinstatement will adversely affect the priority of the lien creat� by tkis Security Instxument. 11. Borrower Not Rele�ed; Forbearance By Lencfer Not a Waiver. Extension of the time of payment or modification of amortizarion of the sums secured by this �curity Instrument granted by Lender to any successor in interest of Bonower shall not operate to release the liability of the original Borrower or Borrower's successor in interest. Lender shall not be required to co�ence proceedings against any succ�sor in interest or refuse to extend time for payment or otherwise modify amortizarion of the su.ms secured by this Security Instrument by reason of any demand made by ttie originat Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right os remedy shall not be a waiver of or pre.clude t�he exercise of any right or rem�ly. 12. Successars and Assigns Bound; Joint and Several Liability; Co-Signers. The covenants and agreements of this Security Instrument shall bind and henefit the successors and �ssigns of Lender and Bortower, subject to the provisions of paragraph 9(b). Borrower's covenants and agreements shall be joint and several. Any Borrower who co-signs this Security Insmiment but does not execute the Note: (a) is co-signing this S�urity Instrument only to mortgage, grant and convey that Bortower's interest in the Property under the terms of this Security Instcvment; (b) is not personally obligate� to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other �onower may agree to extend, modify, forbear or make any accommadations with regard to the terms of this Security Instrument or the Note without that Borrower's consent. 13. IVotices. Any notice to Borrower provided for in this Security Instrument shatl be given by delivering it or by mailing it by first class mail unless applicable law requires use of azrother method. The notice shall be directed to the Property Address or any other address Bonower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any address Lender designates by notice to Bonower. Any notice provided for in this Se,curity Instnunent shall be deemed to have been given to Borrower or Lender when given as provided in this para.graph. 74. Governing Law; Severability. This Security Instivment shall be governed by Federal law and the law of the jurisdiction in which the Property is located. In the event that any provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shall not affe,ct other provisions of this Security Instrument or the Note wluch can be given effect without the conflicting provision. To this end the provisions of this Security Instrument and the Note are declared to be severable. 15. Borrower's Copy. Borrower shall be given one conformed copy of the Note and of this Security Instrument. FHA Deed of Trust-NE VMP 0 Wofters Kluwer Financfal Services 4l96 VMP4R�NE) (1109) Page 6 of 70 , � r , � .