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<br /> ;;� ab:uidoned Pmperty. Borrower ehnli �isn be i� defnult if SorrawPr� durin� the lonn c�pplicattan prac=�s, guvo __
<br /> -�-� _ __��-��••-� ,� m�tcrinUy false or ivascurato [nformatlan or etntemente to l.enduc(ar fafled to pravido l.endcr with nny �nntori�l �`
<br /> - - � .�. infarrantian) in connection wlth tha tonn avidenaEd by tha Noso, includiag� but eot Iimited to, �epreQe��t��MnA _
<br /> • , �;� conoemtng l9ormwsr's oocupnttcy af tko Properry ns u principal resl�lense. If thie Sccudry Instniment le on n _
<br /> �,_; Icasehold.Bono�ver sha11 com,piy wlth tttv pravistons of tho lessa. IP�orrower ncqutres fee Ilde to the Proherty.the
<br /> .����.;;��;,:;`,� �; Icasehold and fea titla shall Qo��crtergcd�uiless Lender aplres:s ro the nxrger In we3[in�.
<br /> "'" 6.Condcenmatlon.Tke psoceeds of�ny nwtud ar clalm far damnges,dircct or conscqucndcil.in aonnactlun wtth
<br /> , �� �;. tu�y condemnatlon or other taking of cu+�r p�rt of tho Proportv. or for convoynnco in placo of candemnnlio�, nro
<br /> k;�, , '. hercby assigacd nnd shall bo puid to Le2�d.�s��tho eatent of thu iiili aiz�ouat ot thc Indcbtedncss that romnint►unpaid
<br /> �"� � �� uic�+cr tho Nato And thla Seciuiry lastNme��t. Lender shall upply sarh procceda to�ho�eductton af thp Indobtedness
<br /> �`"'�� under the Note and this Securlty Instnuaeat, 8ret to ��y deflnqucnt nmo�u�ts applicd in tho ordcr pravided in
<br /> , . ,� . � . _
<br /> ;:' � pnraga►ph 3.und tQen to prepqymont of priucipal.Any c;}�y�1icntion ot the proceeda to Iho ptinclpal eha11�tat ert�ud or _
<br /> -aF=�i : postpone the duo dflte of tlto manthly ps�ymenta, whieh aru roferred to ln pnragrnph 2,or chnage tho amaunt of aueh _
<br /> •3.'!• ' '.�fE�,�•; •
<br /> � � p�ymcnta. Any oaasa proceeds over ap nmount reguired to pay all out�tAnding in@ebteciness under thv Nata tutd this _
<br /> ���=�•�`� •��,.�'� � Securlty lastnunont ehdl tre patd to the endty Iegally entitted thoceto, -
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<br /> �}���`�a� 7. CdArges to Bu�ra+c�r�arer aad Prot¢ctton o! l�er s Itights in t�e H+nperty. Bomower ehn11 p.�► NI -
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<br /> �:.r�;������; governmeAtal or munlcip;a��iv�i�es. tines and impasltEe��s thut are not included in paragraph 2. Borcower shatl pay _.
<br /> • �"�:�� •�P��* these obligatlons on tlmo duva�Ty to tho cntity wh1ch is n�ved the paymeut. If fnituro ta p3y waiitd c�c1vornely afFect ��:
<br /> `-.`F"£.t�, . . l.ender's intorest in the Prope�ty. upon Lender's rc.quest Barro�rer shull pmn�pQy tLmieh to L.ender recaipia :;:
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<br /> - ,,�„�'�` ' ;' ovldeneing these paymerus. _
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<br /> --,_ ,n;�'�;��� ' if Bor[ower fails ta make thesa paymcnta or tho pa�uxnta cequlred by pasagtaph 2.or fatls tn periorm tu�,v os�ar
<br /> ''�t'�` ,�t covennnte and agreamenta c�ntained iu thia Sccurity Instrument.or there is a tegal proceediag thnt m;►y si�nificanely
<br /> ���� <i, affect l,ender's t�#ghu+ iq Ute Property(sueh a�a proceecUng in banks�tcy. for¢ondoraaution or to enforae lu�va or
<br /> � �-• �' rogulstions).c�A�l.ender mqy do und p�y w�atever is aecessary to�r.��tect the value af tho Prolwrty and l.endar'e
<br /> ° q righte 1n tha Ptvperty, includiag pnyme�t af wxas�hntatvd ic►sorunce tm�viher ito�m�,rtiausd in p�a�rp�i�.
<br /> Any amounta dlsbvrsc�i�+y Lender undar thia pnragcaph ehuil bccoma an nddlNonnf dcbt of Barrower tuid be
<br /> � ' sccured by thia Sccurlty ln.�uat.'1'hese nmauata sbaU beaz intenst from the dnte c►f diebursoment,ut tha N�cnte,
<br /> -:-_ - -- vNiii�ri:pi I.ca«t�i.�ii t�i��%tlit�.�is»�;«�ls2:..
<br /> , an�i�i'�nv � —
<br /> Aorrow�r;dbAlt pmmptly dlscharge av�::lien which Aa�pxioriry o1��r Rhie 5ecuriry lascnuY►ent untass Hor�owar:
<br /> •�� � (a) agrees ia 1��n4ang to tho ps►yment of rtr: obligR�lon secu�ed by t�i�:�9en in a uutancr aoccptablo to l.endcr: (b)
<br /> contcsta 1n gaod fnith tho lion by, ar dafcnda agulns�r.�forcemcnt oP the Nen in, Icga1 pmcccdioBs wblah in tha
<br /> -- � l.cnder'a opinlan operata to prevant tho enforsomens fsr n�� He�a; or (a) aecutcs from tho haldcr of thv lieat an
<br /> agreement eatlt�fectory to l.endor subordinating tho licn tb t1�3s'Sccurit�;Inatcumcnt. lf LRmdor deteimiaes that asty part
<br /> - of tho Propc�r Gs subject to a lian wD�ich ma�y attain prlority over th7a.�Aaurity Iustnicnent,Londtr mqy glvo Borrawar
<br /> - , a notico ident•di��ng tho tien. Borrower ahhaU satlaty tho lien or talca o���ar more af the r�etions set Porth abavo within
<br /> � 10 daya ot tha glviag of notioo. '
<br /> , 8.Feea.Lendet�na�y ou+llect fees end charges authorizcd by tha Secretnry.
<br /> •' 9.Grounds[ar Accehx�atlon n!Debt. �
<br /> (p)Defautt. l.cndex m�y, eacept as Ilmitod by rogulationa lavucd by tho Sacretar3+�!n tfia caso of pnyment
<br /> _:w`_ �� defaWta.nequlro iramallato payment in Nil of a11 sums secured by thla Se�urity Inauum�lt 6f:
<br /> (3)IIorrawer dafaulta by failing to pAy in 1b.Q uu,y aiontWy payment r�quifad by this Sccudry lnattumcnt
<br /> �+ prlor m or on tho duo date of ehe noat mou:�,p�ymcnt,or
<br /> �}' ' (il)Bartower defaulta by failing� for u perd�*:�of thirty d�ys�to perform w�y athes abligatians cant�in�d
<br /> �•�; � ., a�aP�ie Secudry Instruiaent.
<br /> � ND 6'Yie Wiehout Credlt Approval. Lender�hail, lf permittcd by applicuble luw (Inclu�ling Sectioa 341(d)
<br /> �,� of the Qam-St. Deruialrt �epositary inatitutions Act af 148Z. 12 U.9.C, 1701j-3(d)) nnd wlth tha prlar
<br /> �,� ;�.„I� ' appmval of the Seccetary�cequire imme�iate gayment ia Poll af nli sums secured by this 5ecurlty iasisa,u�en!
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