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<br /> ; Barrowcr shall also bc in dcfault if Bo�rowcr,during thc lnan applicadon proccss,gavc matcrinlly falsc or inaccuratc .-
<br /> ,,,�,, informadon or slatcmcnts to Lcndcr(or fellcd to provido Lcndcr with any material information)in connccdon with di�
<br /> ,�:�.,� loan avidcnccd by the Notc, including, but not IImited to,rcprescntations conceming Borrowcr's occupancy of thc _
<br /> • , Property as a princlpal residcnce. If thls Sccurlry Inswmcnt ie on a leasehold, Bonower shall comply with the
<br /> provisians of the lease. If Borrower acquIres foe tidc tn tha Proputy.the lcasehold and fc,e Gde shaU nat be r�erged :-
<br /> unless Lendcr agrccs to the mcrgcr in wrtting. �
<br /> 6.CondemnAtbn.'Itie pmeceds of any award or claim for damages,diroct or consequendal,in cont�e�icx►wlth ��
<br /> . any condemnation or other taking of any p�ut of the Pmperty,or for conveyance in gtace of condemnatian.are hereby E_
<br /> assignod and shaU ba paid w Lender w thc exmnt of thc full emount of the indcbtedmcss ttiat cemaims unpaid under the �'.
<br /> Note and this Sxudty Ins�ument I.ender shall apply such proceeds w the ralucHon of the indebt�dnsss under the Nou �..
<br /> r, aad this Securlry Insocument,fust to any dcUnauent amounts appiled In the order providal in pua�aph 3.and then to `
<br /> � pnpayment of principal.My applicutlon of the procoods to the principal shatl not wuend or postpone the due date of the
<br /> moathtY payments,which are refened to in p�ragraph 2.or change the amount ef such payments. My excess prflceeds � -
<br /> ..� over an aiaount required to pay all outsranding indebtedness under the Nate and this Security Insuument shall be p�id to _
<br /> the endty legally entitkd tNercto.
<br /> 7. Ch�rges to Borrower tand Protection of Lender's Ri�hts ta the Propvty. Bolrower shall pay aU -
<br /> •*� govemmental or munkipal charges.fines and impostdans that arc not Lu:luded in paregraph 2.Bomower shall pny these
<br /> obHgadons on tiaie direcdy w the entiry which is owed the paymenG If feilure to pay would adversely affect I.ende�r's
<br />- interest ia the Property, upon Lcnder's requat Borrower shaU promptly furnish to Lendu reaipts evldencing these
<br /> PaYtttCUts.
<br /> If Borrower fails w make these payments or tha paymenu reqnired by paragraph 2,or fails to perform eny other
<br /> �. covenants and egroements wntained ln this Securlty Insuument�or there Ls u legal procceding that raay sigaificandy
<br /> a�ect L.ender's rights in thc Pmperty(such as a proceoding in banim�ptcy, for condemnadon or to enforca laws or
<br /> 5---="---_- . ILg!l�8�!!8).thtR L�IlSltT!il,3�i�8!!�F3�!!'tl8tt°t!33 il�SS3!`J iQ�'Qt!'LK!t!�Y_�_'Z�!h�P!il�+CFlY P.l1�L�n�'a��tc
<br /> in ttw Fdroperty.including pnymeAt of tdxes.ba�ard insurancc and other iwns mendoaod in par.�gr�ph 2.
<br /> . . My amounts disbursed by Lendrr unda this paragnph shall become an additional debt of Borrowa and be
<br /> . ' } sacured by this Soc�uity Insavment lhese amounts shall bear intenest from the date of disbursemGnt,at the Nou rate.
<br />'�� aad at thse opdan of L�der.sheU be immediately due and payablt.
<br />;;;�. � Borrowu shall promptly discharge any Ilen which has priority over il�is Security Insuumem unlGSS Borroviu:(a)
<br /> :`��.: . agrees in wrlting to the payment of tt�o obHgadon socund by the IIen ia a manner ecceptabk w Lendu;(b)conLests in
<br /> ,'•;`�; '. '-,� Sood faith the lk,�by,or defends ageinst enfoncemeat of the lkn in.legal procadings which in the Laider's opinbn .
<br /> oparate to prevent the eafomement of Ihe lien:or(e)socuns from the holder of the Gen an agceement satisf�ctory tn
<br />�f�;. „� Lenda aubordinstiag the!kn to this Securlty lnstcument If Lendu detumincs that any part of 1he Pmputy is subject to
<br />=�'-- • a Ikn whkh may attain prior[ty over this Security Instrumcnt,L�endu may givc BaQrawer a not�ce ideitdfying the Ikn.
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<br /> `� `;� Bomowrr sbail sadsfy the lien or�a{ce oae or more of tbe actioas set forth abovc witbin 10 days of the giving of notice.
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<br /> '' ` a.Fee�.L.aidr.r may collect fees and charges authorized by the Secm,tary.
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<br /> - •�,:�' 9.Groumb for Acaiaation ot Debt.
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<br />_��2:::.'.'::.'� (a) Default.Lender may. �•xapt as limited by�+egulatans iss�ed by the Secretary. in tho case of payment
<br />�_ �'?"f defanits,roquire immediate paymeru in full of all sums sec�red by this Seciuity Instrument if:
<br />-t'�-���:`.; , (i)Bocrowu defaults by feiliag w pay in full any monthlY PaYment requirod by tlils Sxurlty Iasnument
<br />_"'.�::;:�"".� ' prior w or on thc due date of the next monihlY paYment,or
<br /> -' .��'� �•• � (ri)Bomnwer defaults by feiWg,for a period of thircy da}�s,to perform eny other obligations contained in
<br />,� p��i�,'su:' ' this Security Instrutnen�
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<br />-. ,.,,,,�, . .. (b)3ak Wijthoat Credit Approval.L�ender shall,if pem�itied by applkable law(including Section 341(d�of
<br /> ` '" ;7•� the Ciam-St Gertnain Depository Insdwdons Act of 1982.12 U.S.C.1701 j-3(d))and with the paor approval of =
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<br /> ' . the Secretary,rcquire immediata payment in full of all sums socured by this Security Instrument if: -
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