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'�c:" �+. �„ �et�i�:.�s_r.... - - - --��._��.--__ � �B' 11055'� circ�uniaooa. Borrawa �hall not oommtt waatc or datroy,danuge or subetantially chuigc thc Pmper►y or allow tbe Property to deteriorue. rauoa�ble weu aud teu excepted. I.eader may�nspoct the Property if tho Property i�v�csnt or abandooed or the lom is �n default, Lecxta rnry pke taroa�ble �cdon to protect uM preaerve auch v+�c�nt or �b�adonad Property. Borrowa�lup �leo be ia default If Borrowa,dwin�the lout�pplicatloa procau,Q�ve m�tetially fd�e or in�xurus infornatioa or suterneata W Lender (or failed to providc La�der wlth any matedal infomutioa) iu�onnocilon wiW the loan evidenced by the Note, ineludin�,iwt noc limited to,repre�entationa coacemin�Borrower'o occapbncy oi the Propaty�s a prlacipd raidenoe. If thi�Secudry Iiutrwnent i�oa R lauchold. Borrowa �dall oanply w�th�the provuion� of the leaee. If Borrower acquirea fa dtle to the Pcoperty, the le�sehold wd fee tide thdl �ot � de tncrged unlea l,�ader �grea to tbe mer�er in wddn�. 6. CAOdemo�laa. 7Le pmoeodi of my awud or c.ldm for dam�a, direct or oon�equentld, in connxtloa wiU� my oondeam�tion or other takiny of any put of tLe Property, or for oonvryaace ia pl�ce of coudaiuutioa, are hereby aulaaed �md�hall bo patd to I.a�der to t6e axtau �f tbe fWl a�naunt oi tbe ipdebtedueu tiu�t ran�ln� uapaid unda the Note wd thi�Security Inununeat. L.eader �hall �pply aich proceed� w tbe reduaioo of tbe indebtednea wida 9he Note md thb Sacurlty Ia�uunxnt� Rr�t w �ay ddinqueot amouah �pplWd ia the order providad in puyr�ph 3, �nd thea w preayd�ent of pNncipal. Any q�pUcadon oi tbe prooeoda a �e princip! �hd! na actaad dr p�a�fpoa t4e due dxe of t6e moothlY WYma�q�wWch arc rehrred to ln p�tyr�ph 2,or chaye the�rwunt of wch pryn�eou, My exoew procaedi ova�n �mount roquired to p�y�!I autNandfn� iadebtednew uuder t6e Note �od t41s 9�uriry In�waeat tb�U be p�ld to the aulty k�ally eoNded tbot+eto. '1. �es b bonowor �i Proleot�a a[Lader'�RI�W ir IY Pea�pertr. Sorro+wa �II p�y dl�overnmeoW or aa�micipd c�arpx�flna md inqwidoor that an aat included W par�r� 2. Horrowtr�hall p�y tbae obU{�tion oa tlme direWy w tbe entlty �vhich i�owed the p�ymmt. If failurc to p�y would dvenely�ifect Lender'�intaat ia the Propaty� W�on I.eader'� requat Borrower �Wl promptly iruniih to L,eader reodpts evideocinj thae payn�eot�. lf Bonowsr fail�W mdte tbae p�ymeau or tl�e p�yma�u cequirod by patt�r�ph 2,or failr w paform any otha covao�nts �od � oonuined in t6it Secudty Inrtnimait� or tbae u�le��l prooealin� t6u uuY��+�Y atfax LRmder'� ri�hu in the Propaty (wch a�a pmcoedinj in b�akiuptcy, for 000demoatba a W enforoe I�nvs or njul�tioo�)� tden I.mder msy 30�od p�y whateva L nooe�ry to pc+ota:t the v�iue of t6e Propeity aod L,eader'�ri�hu ia We Propaty. includinQ PaYmeat of ww�hwrd iawru�oe wd otber itaui meatiooed ia prqt�ph 2. My �wmw dbbuned by L,eader uadcr thls p�rqr�ph �hall b000me m addidaW debit of 8orrower �od be �ewrQd bY thit Securlty Iwtnunant. 'I]�e unnunt� �Il bar intaert from the date of disburaemeert �t the Nooe rate, ad ai iae c�ptiaa oi isada �ival be ia�diaujy �ue wd p�yauie. Hanuwer rhall promptly dlachu�e my 11ea whkh 6�prbrlty ova thit Secnriry,lastrwoomt uulw Bort��a: (�) a�reer in Mr1No�w tbe ptymeat of t1�e obli�ation �eaued by tLe lkn in a nu�oner aGt+�ptabk to l.eader� (b) 000te+�q in�ood failh d�e lien by,or defe�4��inat enforoaneat of the liea ia.le�al Pmoeodingc w►hich ia t�t La►der's opiniaa apaate w prevmf the eaforc�a� of the l�cn�or(c) �ecure� tma4 the holda of the liea m qrer.meat a�tid�orp w i.wwi�r wixnuianii� we ii�u w wi� uci,wiii �ii:'u.:��.:. ii i.uxiw �ieic�wiuen ivai auy �i ui iiwe iaa�c�i�. � sob}ect to t liea wfiic�msy�ttaia priority ora tW�Socurity Inrtruaxat. I.eader m�y�ive Borrow!r a uotia WcatlEy� the lim. Bormwrr �haU ntlsfy the lim or uke onc or mo��e of the aaloiu ret foeth above rv1Wi�10�n►s ot tbe dviq` of notice. ' � � f. Pea�. I.eodes �rny oollect fea�nd efuc�a autliaixed by tbe Secretuy. �, 9. deard� be AQOderalioq o��Debt. (� D�dit. L.�ader mwy� exapt �u limited bY re�al�tlo�u i�n�ad b3'the Secmta�' in tbe a�e ot pqm�at . de[w�lu. raNiie imno�ed�iue.,p�ymeat in full of�Il wmi�ocurod by thls Securlty I�umont if: (i) Borrorva def�ulq by fiJl#a�w pay iu tWU iuY�Y WY� �� bY tlw 5e�ur�ty Irutn�eat prlor to a aa tbe du�F date'bf tbe nau macthly payn�eat. or � . (if) Horm�ver defiulu by(�Ilio�. fuc a pabd of thi�ty day��w pafonn u►y other obll�tiom oaat�i�ed in thlr Secvdty Imtivment. (b) S�WWat Cnedit A�prord. irender �fu11.if permitted by�ppikable Uw (incindloj �ectbn 341(d) of We Ci�ro-St. (ienm�ia D�pository�;Int�uloor Act of 1982�12 U.S.C.1701j-3(�) �od wflh t�e pdor apq�aval ... or me secra,rcy� nqu�e +mmea��to wrmeoc m n�u or.0 wmt c�uraa by a� sew�ry r,�mu:n�c u, �� . (i) All a pat of the Propaty,,or a bd�eflcW intena in a uu�t o�ni��11 or p�rt ot tbe Propaty,b wld or otbenviie traatfa�ed (othot thaa by deviu or deaceat). ml (ll) 'Ibe Propaty u noc oa:uplod by the p�urhua� or�r�atee u hii or ba� princip�l residenoe. or rh pum�er or ;ranoe� daa so ooa�py tbe Proparty� but hi� a ber c�dit h� not baa �pp:mrod ia �000rd�oce with the teqiiironnenu of d�e Secreqry. (e) No W�i�a. It circiumlmed oowr that would pamit Ieader to roquite immediate payn�eat in lWll,but LRader doa na requitr wch paynxau, L,eader doa aot wdve ju rl�hu�vitti teipect w n�b�eq�KOt evmt�. (� � at HUD Secietaqr. Ia mmy �frcurtrtinoa regul�tlon� l�nied by the Sea+etaiy wlll 8mit I.mder'�righb�in the cau of p�ymeot detaulu�to require icnmedlate paymeat!n full aad foroclwe i[not p�id. 'IUi�Secudty Inttrva�eat doa not �uhorixe aoodention or forecloan if not pamittcd by�Woa� o(tbe . Sr'c�earY• (e) MaetPMe Not tsw�ed. Borrowa �tea tb�t if this Sewdty Iaururoeat and tLe Note ue aot determfned to be di�ible for iarunu�ce uader the Nuioa�l Hosuio� Acx withia 60 DAYS lran tbe due beceof� i.ader uvy��t iu optiou require lamoedi+ito WYmmt in tWi of all wm �avred by thli Ser•uiiry ._�.__. . _�..-- -- -•-�- � --�------- uwaYU�w. n �+nuw kGiwi�wi bi wuy Gu'u`�vivai i�wi v�wio �o•udwiy tiwa's wt+�a�uuK w 6 0 DAYS from the dne baeof, dalialc� to in�ure thii Sx+uity In�uunnau �od t6e Note� ah�U be damed oonclutive proof o[such indl�iblllry. NotwithWodin� tbe fon�oia��thi� option may not be exactaed by L�eader whea the untv�ilabllfty of iniuraooe is aldy due to L,cader'� fdlure to remit�mort�a�o iawnna precaiam w the 5a�u�y. r�e�cw�w► n�o aP nn�sr �i n.,..�r �w.,�.noo��n.ixs Pa�e 3 of 6 �, �. _ a�. � -- - _ _