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201207753 abandoned properl.y. Borrower shall also be in defanit if Borrower, d�ing Hie loan applic.anon pnncess, gave materially false or inaccw�te informatlon or sffiteme�s bo Lender (or failed to piovide Lender wiffi �ny material informaflon) in connection with Uie loan evidenced by t}►e Note, including, but not limited to, i+epresentations conceraing Borrower's occupancy of �e Property as a PrinciPal �esidence. If t�is SecimitY �nstrumen� �S on a leasehold, Boriower shaII comply wifh 1he provisions of fhe lease. If�rmwer acqmires fee tifle to the Property, the leasehold and fee flfle shall not be meiged�mless I.ender ag�ees to ffie merger in writing. B. Cond��oa The pivrceeds af any award or claim for damages,direct or conseque�lal, in connection wYth any condemnahton or other taldng of �ny part of the Pioperty, ur for com eyance in place of condemnafion, ate hereby assigned and shall be pa�id tn Leader to the e8te�of the full amo�mt of�e indebtedness that remains�paid �mder the Note and fi�is �cm'tt9 Inst�eut �nder sLall apply such proceeds to 1he reduclion of the indebtedness imder the Nobe and tl�s 5ecw'itY I�h��e� Sist to any delinque� amou�s appliled in Uie oisler provided in paragiaph 3, and then tu piepayme�of Princilral- �►nY aPP��on of Hie proceeds bo the princi�l shall not esbend or postpoae the dae da�of the mo�ly paYme�s, wldch at+e referred to �ln pai'rgrapf►2, or cLange�e amoimt of such payme�s. A�eacess proceeds over an amo�mt ieq�red m PaY all ou�t�ndi�g indebtednees�mder the Note and this Secwity 7nstitune�shall be�d to the eality legally e�tfled�eieto. 7. CLargas to Borrow� and ProtecNon of L�d�'s Ri�tfs in ihe ProP�lY- Borrower shall pay all governmc�l or m�micipal chatges, flnes and impusitiuns �t s�not included in paragraph 2. Boriower shall pay these obllgalio� on lime direcfly 10 fhe endty which is owed the payme� If fail�u+e 1p PaY wonld adveisety affect Lender's inRerest in the PioPei'LY, upon Lender's ieqaest Borrower shall promPflY fm'nish bo Lender receipts _ evidencivg these payme�s• If Borrower fails to make these payme�s or t�e paymenAs req�red bY P�Ph 2, or fails tn perform a�other covenanL4 and agneeme�coatained in tids Secmity Insh��ea� or fhene is a legal pi+oceeding lhat maY si�ift�e�1Y affect Lender+s dghis �in 13�e Properiy (auch as a piviceeding in banlQuptcY, for condemnation or to e�'oree laws or regulaHons), �en I.ender may do and pay whabever is necessary bo pnobect the value of fhe ProperLy and I.ender's righfs in�e Property,including payme�of taxes, haz�nd insmance and other items me�ioned in pac�g�aph 2. Any amo�mts rlisb�sed by Lender imder this paragraph aLall become an addiUtonal debt of Borrower and be secwed by this Secw'liy Instrume� These amou�s shaII bear i�ei+est fiom the date of disbiuseme� at the Note rate, and at the oplion of Lender, shall be immed'►ately due and payable. Bormwer shall promptly �lschaige aq} lien wLich hav priority over this Sec�uity Iffi�e��mlese Borrower. �a� agreeg in wrlting to the payment of the obligatioa sec�ed by the lien in a m�sr accegtable to Lender, (b) co�esis in good faith the lien by, or defends against enfo�eme�uf the lien in, legal pioceedings wldch in the Lender's opimton ope�ate to pi'eve� �e enfoi+ceme� of �e lien; or (c) sec�n+es fiom ffie holder of the lien an agreement satisfacbory to Lender suboidinating�e lien to tLota Secmity 7nstr�eat Tf Lender determines that anY P� of the Pro�riy is subject to a Ifen wluch may attain pdorlty over this Seciuity 7ns�une�, Lender may �ve Borrower a notice fde�fifying 1he lien Borrower aLall saNsfy the lien or take one or mone of fhe acHon4 set forf� alwve wifYdn 10 days af the�ving of notice. 8.Feas.I.ender may collect fees and charge.s aufhurized bY fbe Secre�rrY• 9. Grommds for Accel�'atfon of Debt. (a) De�ault Lender may, except as limi�d by e�egalalions issned by tlie Secietary, in the case of payment defaulfs, zeq�dii+e immediate payme�in full of all sunvs secmed by U�is Sec�1tY Iffifrume�if: (i) Bomower defaults iry failing to PaY�� Y mo�hly payme�iequued by this Secwity I�trtm�e� prior to or on�e due dabe of the next aro�hly paYme�, or (ii)Bornnwer defaults by failing, for a period of t�rty days, tn perform any o�er obligaHons contained in this Secwfty 7nstnm�e� (b) Sale Witho� Credit ApprovaL Lender shall, ff permilted bY aPPlfcable law (including Seclion 341(c� of fhe Crarn-St Germain Depository Insflt�lons Act of 1982, 12 U.S.C. 1701j-3(cn) and wi� the prtor aPP�val of the Secneetary,req�die i�ectiiate imyme�in fall of all s�secmed by thLc Seciu�ity�ri�nt if: 86161337 �� '�-4N(NEI(esoz�.o+ ra�a oee ��, , , �\ � �;A