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Borrower shaU also be in default if Borrower, during the loan appltration process, gaec <br /> matedtlly false or inaccurate iafora�tion or statements to Ir_nder(ur failed to provide Leader with any materitl <br /> iafoimuion) ia conuection witb the loaa evidenad by the Noto. lncluding, but not limited to, repnsentetions <br /> conceraing Bomower's occupancy oF ttie Property as a pdttcipal residence. If tWs Secudry Iaatrumant ia on a <br /> leisehold. Borrower sha�U comply wIth the provlaions of tha lease. If Borrower acquires fce dde to tha Propetry. the <br /> leasehold and fx tide shall not be merged ualess Lender agrees to tho merrg�r in wrltIng. <br /> 6.CondemnaHoa.The prooeeds of su�y award or claim for dam�ges.dit+oct or consequentiN,in connxtlnn wlth <br /> any cond�on or other takins of any part of the Propeny. or for coaveyance u►place of condemnation. ur. <br /> hereby assIgned and shall ba p�id to I.ender to the e�tteat of the full amaunt of the indebtedness that cemaina wtpaid <br /> uader tbe Note and this Socudry Instrunnent. Lender shall apply auch groceeds to the c�eduction of the indebtainas <br /> under the Nae and thls Securiry Insuuaient, first to aay deiinquent amounts applled in tha order provlded Ia <br /> putgreph 3, �od ihea to prepayment of princip�l. Any applic�tion of the proceede to the principal ahall not eateacl or <br /> postpor�e tlle due dnte of the southiy payments,wh[ch uc raforccd to iu p�ragragh 2, or chnnge ths amount of such . <br /> gaymenta. Any eaass proceala over an amount requiral w pay all outatanding indcbtalness under�e.'.ote�nd �hIs = <br /> Securlty Instrumeat ahall be paid tn the endry leguliy entttlod thento. <br /> 7. Char�ea to Borrowa su�d Ptntecdon oi I.eadcr's RI=hta tn the Property. Barmwer shdl pay all <br /> govemmeatal or municip�l chatges,fiaes�nd impositiona thu are not included in paragreph 2. Borrower sh�ll pay <br /> thesa abliguions oa time djrect�y to the entity which is owed the payment. If failure to pay would adversely affxt <br /> I.ender'a interat in the Proporty, upon Lender'a request Bomower st�all pmmPtly furatah to L,end�r nceipta <br /> evidenciag thae prymenta. <br /> If Bomower fdle to make these paymenta or the paymenta required by puragraph 2.or fails to perform suy other <br /> coveo�nts and egrameata contained ia this Saurity Inatrument.or then is a legsl prooeeding thtt mAy algiil6cantly <br /> affect Lc.nder'a rights in the Pmperty(such as a pmcading ia benlnuptcy, for cor,demnatton or to enforce liwa or <br /> rgut�3osss3. t�I.ta3er ma,do sad g°;•��sse�sr f.:�..esz;ta prus�!�val�,•�f�e�'�.'re?Y and r.�+der'� , <br /> rlghts in the P[opecty,includiag payment of tuea,Avard inaurance u�d other iuma mentloned in paragraph 2. <br /> Any �mouau disbursed by Leadar under thia paragraph ahall become an additional debt of Botrower�nd be <br /> aecured by tbis Socurlty Inamiment.T'hae amounta shall bear inurest from che due of disburaemeut, at the Note <br /> rate,�nd at the updon of Lender.sAeU be immaliauly due and pryable. <br /> Borrower sL�U pmmptly disch�rge any liea wbich hns prlority over thia Security Inetntment unless Bomower: <br /> (s) �gr�es in wridag to the payment of the obligatlon aecuced by the llen in a manaer aocepuble to Leader; (b) <br /> oonteata in gaad faitb the liea by�or defends aga�nst cnforoement oi tLe Iirn iu. i��i pnx;cxxiiugti wha.;u iu tbe <br /> L,ender's opinion operata to prevent the enforceme�►t of the lien; or (c) aecures 5rom the holder of the Uen �n <br /> �greemeat tadsfactory w I,ender subordinu3ng the lien to thi�Security Instiumeat.If Leader determines that wy part <br /> of the Pt+apury is aubjoct to Q liea which mav attatn pdority over thia Securlty Instrumeat� Lender may give <br /> Boccower a nMtce ldentifying the Hen. Borrower ahaU satlsfy the lien or take one or more of the actiona xt forth <br /> above within 10 diys of the giviag of noHce. <br /> , 6.Feea.Lender msy collcct fas and charges authorjzed by the Secretary. <br /> 9.Grouo�s tor Acrderatbn ot Debt. <br /> (a) lkfauk. Leader m�,y,except as limitod by regulutons issued by the Secntuy,in the case of ptyment <br /> defaulta.roquire immediau paymeat in fiill of all aucas savred by this Seciuity Insnument if: <br /> (i)Boirower defwlta by failiag to pay in fuU eny monthly p�yment nquind by thia Security Inuiument <br /> pdor to or on the due d�te of the neat montWy pzyment.or <br /> qp Bomowa defaults by failing.for a pertod of thirty days,to pedocm any dtDer oblig�tions contained <br /> inthia Security Instr�+++s*t. <br /> (b) Sde Wlthoa+t Credit Apprord.Lender shali,if permittsd by epplicpble law(Wcluding Soction 341(d) <br /> of the C3�rn-St. Ciermain Depository Inedtutions Aa of 1982, 12 U.S.C. 1701j-3(d)) and wNh the prlor <br /> appmval of the Secretary,requin immediate payment in full of all aums aecured by this Security Insuument <br /> if: <br /> �4RINE1��wat.a� �w.4 a e �,yi.:,��,?s _ <br /> U <br /> --- - . . . � <br />.__ . _____ _ w...,+....�__'_ •F. `� '°^'4+-' '�� . . . . „ -� - <br /> a . 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