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<br /> circumstences.Borrowcr sdaU not commit wasto���dactcay,damegu ur eub���nUplty chNn��rr�►11nY p�s�
<br /> Property ca deterlorutc,reasonable�ear and tear exc�pted. Lcndcr may Inspect the Pra�riy it tho Arupercy fa v�nt
<br /> ar abandoned or the Inan is[a do[sult. Lender may ukc rcar�nablo action to pruta:t�nd presetvo�uch vacent or
<br /> abandoned Property. Bonower sbAU also be in detault!f Barrower,during tho Iwn applicatl�nn prcx�u,a+►vc materlally
<br /> false or Inaccurate informatlon or statementa to L.nndcr(or[nilcd to provlde L.endar wlth any matcrial inlartnetlon)
<br /> in ooanection with the loaa cvideaoed by tho Note�includiag,but not Umited to�representaclons oonoarning B�nowec's
<br /> cxcupattcy of the Propeny as a principel resideace.If this Secudry Instrument ta on a kasehold,Borrower shaU oompty
<br /> wIW We provlsioas of the lcass. If Borrower acqu�res fee dtls co tUo Propccty�the lcnschold nnd f�R tisle shall nat �
<br /> be merged unless I.ender agtees to tLe merger in wtiting.
<br /> 6, Doedca�atioo. The prooeeds of any award or claim far damages,dttect or consequenttal,in°°nnectioa with
<br /> any wndemnaUlon or ather t�lcing oi aay part oP tl�e Property,or for oonveyance in plaa of condemnation,nre hereby
<br /> assigaed and shaU be paid to Leader w thc�xten�of the ful[amount of tho iadebtedness that remains unpAid uadcr
<br /> the Note and tLis Sctudty lnstrumenG Lencka s�all apply snch proceeQs to the reduction af the indebtodness under
<br /> the Note sad this Se�curIry Instrumerlt,�i�st 9�any dalinqtwnt ataaunLs applied ia the ordes provided in paraBcaPh 3�
<br /> and chen to prepaya►eat of princtps►l. 61ay applicatfon of We pro�ads to tl►e principal shall not extend or postpone
<br /> tha du�date of the monthly paymenis,wt�eh are r�'fened to in paraBraph B,or chan8�the amou°t of such payments.
<br /> pny excess proaeQs over an amowtt roquired to pay all outsttnding indebuAness under the Note and this Securlty
<br /> Instrument shall be paid to the eatiry legally entitled thento.
<br /> � p���g���P,�,�{�o[i�de�Itt�usl�ttie p�opaty Borrower sh�ll pay all�avarnmental
<br /> or municip�l cUarges,Mes aad img,i�aiitons that are not included in para$raPh 2. Homower shall pay these obliptions
<br /> on time directiy to the entiry which is owod tho payraen� It failure to pay would adversely affect Lendcr's inurest ia
<br /> the l�mparty.upon I,$nder's teque�t Borrower ahaU promptly[uratsh to Lender rooeipts evldencing these paymenu.
<br /> Ii Bcarrawer fails to make thes�.�ayuteats ar tha payments requlced by paragcaph 2,�r fails to perform any other
<br /> wvenantS�nd agreements wntaine�d in this Securiry Insuucn�n�,or there Is a leg,al proceeding that may significa�►�ly
<br /> uffect Londor's dghts ia the Properiy(such es a prooeeding in baNcruptc.y,for cond�mn�tioa or to enforoe laws ar
<br /> rtgulations),then I.ender may do and pay whatever is neoessary to protect tl�e value oP the Praperty and I..ender�s rlBhts •
<br /> ia the Property,including paymont o[taus.haea�ui�nsurauoe�nd other iums mentioned ia paragraph.2.
<br /> Aay atpounts disbursed by Lender undcr t�s paragcaph shall become an additioasl debt of:$anow�es and bg
<br /> sxurcd by this Security IasttumeaR. These araounts shall bes�r inurest from the dau oi di,bu[sement at the Nou rate,
<br /> and at the optlon of Lendot sball�e lmmediately due and payabla � ,
<br /> Borcowcr shall promptty cUschargo s�ny lieu which hsis prtodty ov�er thls 3ecudty Instr�me�t wnless Bort�awo�:(a)
<br /> ageea in wdtina to thc pstyment wf t4e abiig,aaon securod by i�c Iicn tn a�iia�er ac�itatslt to�X..°�d�.;n+3 n,��PCte ,
<br /> In good fa�IW the lien by.or defeads agat�ut ontorcement uf tBe Uen in.kgal prooeedfag whirh ia thc under's op�aio�
<br /> operate co pravent the enfoccement of the Uan;or(e)socurrs[rom tho halder of tLe S�n an agroement satist�ctory
<br /> to Lender sutwrdlnating the lien to thfs Sec�rlty Instrumen�. If Lendar determines tbat any part ot the Pmperry is
<br /> subject to a lien which map attain prlorlty over this Socurity Insuument,Lender nwy gi�+e Bormvver a aotioe identtfyL►8
<br /> the lien, Borrower shall sathty the 11ea or cake one or mc�re of the�cttoas set[oi�th tbave witldn 10 days af tbe givfng
<br /> of notia.
<br /> � Fee�, L�ukr nwy oolkct fees and cbuges auwonud by tiie�ocrawry.
<br /> 9 Ciro�for Aooelaatfoa af Dobt.
<br /> �i� ne�t�. t�eader m.y.e�aoept as lImitod by ceguktions tsauod by tbo S�axetuY in ehe case of paymtat
<br /> defaulw�require imcne0iate payment In tull of aU sums secured by tl�Saurlty Imuument iL
<br /> (l) Bomo�er defaults by hlling to p�y in full any monthly payment roquired by tLi�Socudty Iastrument
<br /> prlor to or on the Que dau of the nact monthty ptyn►ent,or
<br /> (ii) Borrow�er deGults by failing,for a pedad oi tbirty days.co perform any other obligations oontained
<br /> in this Securfty Imtcument
<br /> N) S�b Witbost(k�adit.App�oval. Lender shall,if peraiitted by tpplicabk liw(inciu�ing soatoa 341(d)of
<br /> the Ciarn-S�C3�erm�in Depositary Iagtitutions Act of 1982,12 U.S.G 1701j-3(d))anQ with the prlor appmval
<br /> of tha Sa:retary.raluire immodixta payment ln[ull ot all sums secured by thfs Secudry Instrumeat IL•
<br /> (i) All or part of t6e Property,or a beaG�l interest in a uust ownina a11 or put ot tho Property�is sukl
<br /> or otbecv►dse tranaterrod(other tban by�evtse or desant),aad
<br /> (ll) T6e Propeny 1s not oaupkd Dy the purct�er or grtnta as hts or her prindpal residenoe.or the
<br /> purchaser or granue does so oavpy tLe Property�but his or her crodit bas not boea appruved 1n
<br /> a000rdana wIth tLe roquinments of t�e Sea�tary.
<br /> (c) No Wai� It circua�stanues ooc�ur that would petmit Lender to cequt[�e immodiata payment in tiill,but
<br /> Lcnder does not requt�e such paymeats,Lender does aot waive its rig�ts a►Ith respect to subsequcnt eveats.
<br />.__ (a) Itep�l.tio.s or Hvn socnta� In many ctrcumsanoes regulaaom issnea ey we socreur+ww uutfit
<br /> Lender's dgbts,in th�:ase of p�ymant defaults,to roqutre tmmedute psyment In fu11 and forccloso if aot p�iA.
<br /> 7'hts Security In.stmment does not authorize soakratbn or foroclosure if not permitted by negulatio�of the
<br /> _ Suxetsry•
<br /> (o) MoR�o Ndt Iawrod Borranxer agrxs that if this Secudty Instrumeat and the Note Are not determinod
<br /> to be eligibl�far insunnce under the NationYl Housl�g A�M witLict 60 DAYS Bom the
<br /> - date hareof,Lender may,at its opdon requim immediata paymcnt in full of ell sums secured by this Secu<<tY
<br /> Insuumen� A writtea statement of any authorized Agent of the Saxet�y dated subxquent to
<br /> = 60 DAYS from ahe date hereo�declining to insure this Secudty Instrument nnd the Note,shall be
<br /> .�_ - -•--..
<br /> -= dccmoa oonctusivc proof oisuch inellgtDluty. tvotw►itnsianding ine iongoing�ptis vpuvn tvaj a'va w�.wv.w.�..
<br />-� by Lender when the unavallabiliry of insnrance is solety due to Lender's failure t�remit a mongage insurauce
<br /> a premium to the Secretary.
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<br /> _� I�I�fiRI�SiKA FNA DHBD OF 7RLJ31' �
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