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<br /> �'�!�� Bortowcr shell elso be in default if Horrowcr,during thc loan application process,gava mutcrially falsc�r inaccuratc
<br />-�'�*+•+�"""'� i�formaaon or staLements to Lendcr(or failed to provide Lcnder with any rt�atcrial information)in conncction with the -
<br /> �' loan evidenced by�h� Note,induding, but not limited to,representadans coneeming Borrower's occupancy of the
<br /> . . p�op�ny es a principal residence. If this Sec��e� �c Pro�perty, thc 1ea5chhold and fec tiQc�shall not,bc m r ed '_-
<br /> y ; provisions of the iease.If Borrower as�nires „`--
<br /> • .�.i unless I.ender agrees to ihe mergcr in writing. •
<br /> 6.Condemnpibn.The proceeds of any award or claim for damages, dircct or consequenpal,in connetdon with i,.
<br /> , 7. . 1.�rv.��� any condemnapon a other takir►g of enY Part of the Properry,or tor conveyance in plece of condumnapon,ere hereby ,,�-�
<br /> • ��? e;����r�� assisned and shall be paid to Lender w the extcnt of the full amount of the indcbtedness that remains unpaid under the
<br />���.�.� ' "'�" te and this Securiry InstrumenG L�r►der shall apply such proceeds to the reduction of the indebtedna hu3nd��no� �.`�
<br /> .__,;;;�y;: �� No y q li m the order rovided tn para6T P _=
<br /> ' � and this Securiry Instrument,firs�tv an delin ucnt amounts apP ed� F v'
<br /> � prepayment of prinapa1•MY aPPlicadon of the praceeds co ihe principal shall not excend ar poscpone the due dace of the �
<br /> monthly payments,which are referred eo in ParnSraPh 2�or change the amount of such payments. My exeess proceeds ��=-
<br /> over an amount required co PaY aU ouutsmdin�indebt;uiness under the Note and this Sec�uity Instrument shall be paid to �'
<br /> � ' the endty legally enuded lhereto. _
<br /> 7. Chs�rses to Borrower and Protection of Lender's Rights in the Property. Borrowcr shall pay all �_
<br /> . governmental or municipal charges,fines end in►Positions that ato not included in paragraph 2.Borrower shell pay these --
<br /> � ' obligadons on tune dirxtly co the entity which is owed the paymenG If failurc tn pay would adverscly affcct Lender's
<br /> � interest in the Property�upon Lender's request Boaower shall promptly fumish tn Lender receipts evidencing these
<br /> � , PaYments. h 2�or fails w perform any othcr
<br />--' .�:t:;;..._ If Borrower fails w malce these payments or the paymenu required bY paragraP
<br /> �•;:=:ns,»�,;. covenents and agroemeni�i:uii�ain:.ti in thi;S�tuity Insrmment,or there is for8c�o dem�natton or torteniace�'ws or ,
<br />`�`... ;�",' affect Lender's rtghts in �he ProputY (such as a proceedin8 in bankruptcy,
<br /> , ' • rotect the value of the Property and L.ender's rights
<br />�'�`�` :.:� •�• rcguladons).thea�lender may do andpay whatever is necessary to P
<br />�=>>''t:R`•:'_ a ment of taacs,hazerd insurance and other items mendoned in pareBraP
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<br /> in the Pcoperty.includia8 P Y
<br />"°�`+���',`t'''� Any amo►u�ts disbursed by Lender under ihis paragraPh shaU l�ome an addidonal debt of Borrower en
<br /> _�...„.+•,:�.
<br /> � �'`'"'" Instrumen�These amounts shall6eaf int°rest fr°m the dace of disburscment,at the Nok rau.
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<br /> �,._�� seantcd by this Scct�nty
<br />=—=.�•T:�,��
<br /> -�-r.. end at the opdon of L..e�der,shaU be immcdiatcly due and payable. �V���s��ty Instrument unless Borrowcr: (a)
<br /> �"ti-a ' Bortower shaU pcompdy dischacge any llen which has priority -
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<br />- �;� ��s N wriang w tlie payment of the obligation secureci by the lien in a �n��s whicl►'u►the 1-e ders opiniw►
<br />�'""�"�"'� good failh the lien by,or defends agaiu►st enforcemcnt of the lien in,legal procezdin8
<br /> �:_;�,�•,.,;
<br />'"��``�'`�° operat,e to pnvent the enforcemenc of the lien; or(c)secures fram the holder of the lien an egrcx�nec►t sa�s accorY to _
<br /> Y?�-� L.ender subordina6ng the lien W this Secwrity Insuument If Lender deteamines that any part of the Property is subject to
<br />��.��� a licn which may attain pdoriry ova this Seciuity Instrument,Lendex may sive Boaower a notice identifying the icen.
<br />__�„L,.��� Botrowu shall sarisfy the lien or take one or more of the acaons set forth above within 10 days of the giving of norice.
<br /> --- g.FK,y,Lender may collect fees and charges authorized by the Se�retary.
<br /> 9.Gr�►unds for AcakrAtbn ot Debt.
<br />!_��:� (s�) Defiult.Lendex may,except as limited by regula6ons issued by the Secretary, in the case of payment
<br />_��e� defaults,require irt►mediate payment in full of all sams secnred by chis Security Instrument if:
<br /> -�`-:-�
<br /> (i) Borrower defaults by failing co pay u►full any monthly payment required by this Security Instrumcnt
<br /> pria co oc on the due date of the next monthly payment,or
<br />�*�� (u)Borrowcr defaulfs by fatiing,for a period of thirty daYs. to perforrr►anY°the�obligations contained in
<br />°-�'�'r� thisSecurity Insuument
<br /> �,��,_ hcable law (including Soction 341(d)of
<br />�j �, � (b)Sak VE►Ithout Cred[t Approval.Lender shall,if permitud by app'
<br />_,:��,���,.�;: • the Gam•S�Germain Depository Institudons Act of 1982,12 U.S.C.1701 j-3(d))and witl�the prlor approval of
<br />==•�"•'i"� • the Svuetary,rec►uire imn►ediate Payment in full of all sums secured by this Security Instrument if:
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