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<br /> " `i:# nbandonod Ptoperty. Borrower sball also be in default if Bormwer, during the loan appDicatioa pmcess, gave
<br /> muter[ally falae or inaxurate infortaadon or atatenteats to Lender(or fuile�to provide Lender with nny roaterlal
<br />' ��;�� information) �n connectioa wlth the toan evtdenced by the Note. includtng, but not timiced to, represen�ationa
<br /> - " ' conceming Borrower's occupaacy of the Property as a prlttclpal residence. If this Secudty Insuumeat I5 OA 8 _
<br /> :,�:,�„r�. leasehold,Sorrower shall comply with the provisiona of the Iease.If Borrower ecquires fee title to the Ptopeny. the
<br />_:p�,:�,�= leagrJtoid end fee titte shall aot be merged w�less Leader agrees to the mesger in writiag.
<br /> _ b.Coadanns►tlon.The pmcxeds of aay awaM or clatm for damages.dtY+ect or ooasequentlal.in co�ection with
<br />==��� any eondemnadon or other taking of any part of the Prope�ty. or for conveyaace fn place of candemnation. ace
<br /> hereby assigaed s+nd shall be paid ro Lender to the extent of the fult amouat of the indebtedness that remains nnpaid
<br />` ::;-�� under the Note and this Setudty Insavment. Lender shaU appIy such pnocee�s to the reduaion of the indebtcdaess
<br />°_��.,,;�;�''� uader the Note aad this Secur�ty Insuument. first to any delinquent aTrtounts applitd in the oMer provlded in
<br />��-� ' � P�&'eP PI'eP P P Y$PP P P P
<br />- s:..�,� h 3,and then to ayment of rinci al.An lication of the r�ceeds to the rinci al shall not exuad or
<br /> :��. .
<br /> -;�.=±;.,� postpone the due daze of the montWy payments,which are referred to in paragragh 2. or c�ange the aatouat oY such
<br /> __-_K
<br />,- ,,.�,;; paymeats. Any excess pmceeds over aa amount required to pay aU outstanding indebtedness under tQe Note end this
<br />.yai„r SecurIry(nswment shaU be patd to the entiry tegally eatidod thereto.
<br /> e�::�=:• 7. C6arges W Bon+�wer ana i�mtxtion of a.rn�ers icigins in iae rmpeity. Borrowcr anaL' pay al!
<br />;,�..-°�;� Bavemtt�tal or municigal ebarges, fines and imgcsittons that are aot iacluded in parggaph 2. Borrower sha]I �y
<br /> =•-�g::� the5e obligations on tinae direcdy to the endry ahich is owed the payrmenz. If failure to pay would sdvetsely affax
<br />=��:,., Lender's interest ia the Aroperty. upoa l.ender's request Borcower shall pc+o:nptly fumish to Isnder ra�ipts
<br /> �� evideucing these payments.
<br />-- - If Borrower fails to make these payments or the payments mquired by paragr�pb 2,or fails to pPrfomn a�r oiher
<br /> _=?'��:� covenants and agreements contained in this SecurIty Iasaument,or there is a legal P�S��Y�B��Y
<br /> -_-;� affect i.ender's rights ia the P�opertyr(such as a pzoceedtng in banlwptcy. for condemna8on or w enforcx laws or
<br />--— ngulations),then Irender may do and pay whatever is ne�sary to protect the v�lue of the Pcopeny and I,eQder's
<br /> ---n..�-a rights ia the Propeny,iacludinB PaYment of taxes.hazard insurauce aad other items mentioned in paragisph 2.
<br /> ----�=� I�ny amauats disbwrsed by I.eader under this parrgraph shal!ba�me an additlonal debt of Borrower and 6e
<br /> secured by thiv Sccudty Insmunent. These amaunts shall beF►s iaterest from the date of disbursement.at the Ato�
<br /> , ---- r�rr,�ui ar rue�:ion of I,ender,SLBU IIC�i11ii1B[�IAIPJV dI1C'dD��' 'dt11C.
<br /> -_---- Bcirower ahall�mmptly djseharge any tiea►,whieh has prlarity aver this Security In�a�as ea2�s EQtroeia:
<br /> (a) agree,s in aRft�ng�ao the paymeat of the obDigation secured by the lien in a manner axeptable to l,�nder; @)
<br /> — contest��► good fni¢h the liea by. or defeads sigainst enforcement of the li�n in, legal pmoeedings which in the
<br />---f-- _ I.eadet'e a�inian.o�tate co preveatt the enforcement of We �Eien: or (c) secuies fmm the holGer of the tien an•
<br /> egreem�ni satisfaxwt.y•to Lender subor�inadng the liea to this a�rity Insuument.If Leader d�termines tLat any part,•' .
<br /> of the Propa�y is:snbjax to a llen which may attain priortty over this Securlty Inst:ument, Lender may givt.. �
<br /> Bormwer u nottce i�Endfying the lien. Bomower shaU satisfy We Uen or take one or mon of the actions set forth•
<br /> above wIthin 10 days of the givjng of aotice. �
<br /> 8.Fe�.Leuder may coUxt foes and charges authotized by the SeMetary.
<br /> . ' ��. 9.Ground�for AoaleretEoa oi Deb�
<br /> (a)Detault. Lsnder may�exapi as limitod by regulatlons issued by the Socntaiy.in the cau of pxymtnt
<br /> dafaults.require immaliate payment it�ti�li of aU sums sa:urod by this Secudty Instnunent if: :
<br /> (i)Borrower defauIts by failing to p�y in fuil a�r montlily paymsnt required by thPs Soaudty tnsnumsat
<br /> prlor w or on the due dau of the no�¢�mbnthly paysnent.or •
<br />- --..,�l.,� (ii)Bomower defaul[s bY failin8,for'a perfat mf a�irty days.to perform a�r�mtper obligat�ons oontainad
<br /> -;_:,;,;;,� in this Securtty iffitcument.
<br /> �,- --= @)Saie 6�51C9�out Credtt Approval. Lender shalt, if permittcd by applicable law(including�xion 341(d) _.
<br /> of the Ciaz�$t. Germain Depository Institutions Act of 1982. 12 U.S.G 1701j-3(d)) and with the prior
<br /> appmval of the Socretaiy.requine iaunadlate paymeat in fuU of all sums sacured by thts Sea►rity Insmuneat
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