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<br /> 97-- Io qa�r�
<br /> Banower she11 also ba!n default if Borrower,during ihe loan applicetion proces�,gave m�tedally false or inaccurata
<br /> information or statemcnis w L.ender(or falled w provide L.ender with eny matcrial Information) in connection wlth thc
<br /> laan ovIdenccd by tha Notc, including. but not!lmited to,rcprescntations conccming Borrowcr's ac�upancy of thc
<br /> F'mpcny ns a pdnclpal residcnce. If this Sccurlry Instrumcnt is on a lctuchotd. Borrowcr shall comply wtth tha
<br /> provi9ions af ihc lca.vo.If Borrower acquires fcc dUc W ihc PropcRy,thc lcascholci and fcc dtic sh�ll n�t Ix: mcrgeA �
<br /> unlcss I.cndcr�grecs to thc mcrgcr in wridng.
<br /> 6.Condnnn�tbn,Thc procccds of eny award or claim for damagcs.dircct or conscqucntial,in connxtian with
<br /> any condcmn�tlon or othcr taking of eny piut of tho Propcny,or Far wnvcyancc in placc af condcmnadon,arc hcrcby
<br /> essigncd and shaU bc�wid to i.cndcr w the oxtcnt of Ihe full amount at ihc indcbtcdncss that rcmains unpaid undcr the
<br /> Noto end Ihis Sccurity InsvumcnG I.cndcr xhall apply such procccda ta�hc ecducdon of thc indcbtcdncss undcr tho Nata
<br /> xnd Ihla Secuiity Instrument,tirat w any dclinqucnt amaunb applicc! in thc ordcr providcd in paragreph 3.nnd thcn ta
<br /> prepsyment of principal.Any applicadon of tho proceala to�ho principel ehaU nat extcnd or postpona the duo dato of the
<br /> monihly pa�•ment,c,which are rcfcrccd to in parograph 2,or changa the emount of such paymen44. Any axces9 procceds
<br /> ovu an amount required to pay all outstanding Indebtedness undu the Note and this Sccurity Instrument shall be paid to
<br /> tho entity lcgelly cnfldcd thcreto.
<br /> 7. C6nnea to Borrower pnd Protecdon ot l,ender'e Rights in the Property. Bonowcr siWl pay all
<br /> Eovcmmental or municipal charges.fmcs and impositions ttiet are not lncluded in paragraph 2.Sorrower shall pay these
<br /> obligadons on tunc dirocUy w the endty which is owed thc paymcn�If faU�re w pay wouid advcrsely a[fcxt L.ea►der'e -
<br /> intexest in thc Property,upon I.cndcr's rcquest Borrower ahall prompdy fumish to Lender recelpts evidencing thcse
<br /> paymants.
<br /> If Bocrower fails w make these payments or ihe paymtnts requirecl by paragraph 2,or fails to pedorm any other
<br /> covenants and agreements conteined in this Secudry Instrument,or there is a legal procee.ding that may significandy
<br /> affxt I.endu's rIghts in the Property (such as a procading in bankruptcy,for condemnadan or to enforce laws or
<br /> reguladons).then Lcnder may do and pay whatever is necessary to pmtxt the value of the Property and I.ender's rights
<br /> in the Properiy,including paym�nt of taxes,hazaord insnrenco end other items men8oned in paregraph 2.
<br /> Any amounts disbursed by Lender under this paragraph shaU become an eddiHonal debt of Horrower and be
<br /> secnred by this Security Instrumen�These amounts shaU bear interest from the date of disbursement,et rhe Note rate,
<br /> and at the opti�on of I.ender,shall ba immediatcly due and payable.
<br /> Borrowu sheil prompdy discearge any licn which har priority ovu ihi.r aczuriiy L;s4 u,i��.i�te5s u8��cr: (a}
<br /> agroes in wridng to the payment�f the obltgadon socured by the ikn in a manna acccptable w Lendu;(b)contests ln
<br /> good faith the Gen by.or defends against enforcement of the lien in,kgal proc�xdings which in the Lenda's opinion
<br /> operete to prevent the enforcement of the lien;or(c)secures from the holder of the Qen an agreement sadsfactory w
<br /> Lendu subnrdinadng the lien to this Securlty InstrumenG If I.ender detamines that any part of the Proputy►is subject to
<br /> a lien which may auain pdoriry over this Securlry Instrument, I.ender may give Bonower a notice ideadfying the llen.
<br /> Borcowu shall sadsfy the lien or take one or more of the acpons set fonh abova wfthin 10 days of the giv�ng of nodce.
<br /> 8.Fees.Lender may collect fees and charges authair.eG by the Secretary.
<br /> 9.Grou�da tor Accekration of Deb�
<br /> (a) Detaul� Lender may, except as limited by nguladons issued by the Secretary,in the case of payment
<br /> dcfaults.require irtunedtate payment in fuA of eU sums secured by this Securiry Instrument if:
<br /> (i)Borrowu defaults by failing to pay in full eny monthly payment required by this Security Inshument
<br /> prior to or on the due dau of the next monthly payment,or
<br /> (u)Borrower defaults by failing,for a period of thirry days, to perform any other obUgations contained in
<br /> this Seciuiry Insoument
<br /> (b) S�k Without Credit Approval.Lcnder shall,if permitud by applicable law(including Sxtion 341(d)of
<br /> the Garn-St Germain Dcposttory Insdtutions Act of 1982,12 U.S.C.1701 j-3(d))and with the pdor approval of
<br /> the Sccretary,require imrnediate payment in full of all sums secured by this Security Instrument if:
<br /> �4R(NE)Iaoo4�.0� Pa�NOt a inw,u:
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