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�' - � . ' . ...... A rv�.• � <br /> '. . - . .. . ,.�.ci''�{r�:�i�'di.: , . �.,..........__ — _•-'Y�1if.!_. "'�~ ' <br /> . ";f .. . . t _ L.:�_:2:�e� <br /> . <br /> .. � _ __ __—__-- <br /> �..uW.a� <br /> —_—__—.." . <br /> R ...._......"__"_' __'_'—___. �_.,..'. _�__'�"'""M='__ " __. <br /> . � �._.. . '_"__.' ' " <br /> .. .. . _. .. . . _ . ..-'.^r.. ' _'_"'_'. __ <br /> --Y�' .. . _. . . .. . _ . <br />..�-._��.�YpM� <br /> �•+��T Q.� <br />_�?��� . c or substandall�ic c't�Prd�e�or allow the <br /> ;;;�� clrcumscanccs.Borrower ahaU not casnniit waste ar destroy.damag 8 <br /> ?• '�' Praperty ta detarlorate,reasonable�vear and tcar excepted. Lendar may inspect the Praperty lf the Proparty is:mcant <br /> - or abandoaed crr the loan ia in defaul� Lender may take reasonable actlon to protect and presen+e such vacant or �- <br />= abandoned Pr�perty. Bortower shaU also be in default if Burrower,durtng the loaa appllcation proccss,guve matertally _ <br /> falsc or tasrcurata information or statements to Lcnder(or[aileA to provldr�Leader w[th any matcrlal Infarmation) <br />.�y�A !n connection with the laan evldenccd by the Notc,including,but not Wnited ta,rcpresentatians concerning Bouawer's <br />:.�^�, accupanry ot the Proporly as a princlpal resldcnc�,tt this Securlty Inatrumcnt le on a lcaschold,Bortawor shall comply <br />-= __ with thu provisioas of the leasa It Barrowcr acquirac fce Utic ro the Properry,tha leasehold and fca titlo shall not <br />__Y� txs merged unlesa Lender agrccs ta thc murgor ia wrlting. <br /> - b. �tba. Tho praceeda of any award or clatm fos damages,direct or consequonUal,tn connection with <br /> .,-o� any coadcmnatioa or other taking of any part of tbe Properry,or tor wnvcyanw ia place of wndemnaUon,ara hereby <br />�� asslgned and ahatl be paid ta Lender to thc extent of tho[uA amount of the indebtcdtless that remaius unpaid under <br /> the Note and tbis Security Iasuument. Leader sbaU apply euch praceeds to the reduction of the indebtedness under <br />-`.,-.�—� the Note aad thls Secur[ty Instrument,first ta any delinquent amounts appHed ia the order provlded In paragrnph 3, <br /> ==—= and then to prepayment of principal. Any application of the proceeds to the prtncipel shall aot excend or postpoac <br /> —=— the due date oP the montl�ly payments�which ate refened ta in paragraph 2�or change the s+mount of such payments. <br />:�;�� Aay excess proceeds over an amouat required to pay aU outstanding Indebtedness under the Note and this Securiry <br /> ..__�_ Insuument ehall be paid to the entIry legally eatitled Wcreto. <br /> - — 7. Cdaran to Bon�rr�md Prouct[on ot IR�adet�Riabts in tha Pmperty. Bonawer shall puy all governmentel <br /> _ -- or municipal chatges,Qnes and lmpositions tLat are not included in paragaPb 2. Borrower shall pay these obllgations <br />-- __, on time dItectly to tlto enilty which is owed the paynaca� If failure to pay would advetsely affecc Lender's interest in <br />--= the Property�upoa Lender's request Bonoaer sbaU promptly fumish to Lender recetpts evidencing these payments. <br /> IP Bonower tails to make these paymeats os thc paymeau required by paragraph 2,or fails to perform aay other <br /> ""`�' covenants and agreements contained Ia thls SecurIty Instruraeat,or there is a legal praceeding that may signi8cantly <br /> affect Lender's rights in the Property (such�t a prooeeding in bank[uptry, for condemnadoa or to enforce laws or <br />="�-� regulations),then L.ender may do and pay whatever is aecessat}►to protect the value of the Property and I.ender's rights <br /> � in the Property,including payment of tazes�ha�ard insurance and other items mendoned in paragraph 2. <br /> � Any amounts dlsbursed by I,ender uadet chis paragraph shell become an additioaal debt of Borrower and be <br /> --�=� secured by this Secudty Instrumen� These amounts shall bcar interest from the date of disbtusement at the Note rate, <br /> - and at the option of Lender shaU be immedlately due and payabl�. <br /> e__� Bonower shell promptly discharge any llen which hes prtarlty over this Securiry Instrument unless Bonower:(a) <br /> =- ngrecs in wrIting to the payment ot the obtiRation secured by ahe lien in a manner aoceptable to Lender,(b)contests <br /> in good faith We lien by,or defeads against enforameat of the lien in,legal proceedings which ia ttte Lender's opiaion <br /> operate to prevent the enforcement of the liea;or(c)secures from the holder oP the liea an agreement satlsfactory <br /> to Lender subordinatIng the lien to this Security Insuumen� If Lender determines that any part of the Property is <br /> subject to a lien whtch may attain pslority ovet thts Security Jnstrument,Leader may give Bonower a notice identifying <br /> the llen. Bonower shaU satLsty the liea or take one or more of the actions set forth above wIthin 10 days of the giving <br /> of notioe. <br /> 8. Foa. Leader may ooUect fees and charges authorized by ttte Secretary. <br /> 9. Ciruu�for Aooeietatbn o[DebL <br /> (a) Deliol� Lender may.except as limited by reguladons issued by the Secr�tary in the case of payment <br /> defaults,require immediate payment in fuLt of all aums secured by this Security Instrument if: <br /> (i) Bonower defaWts by faUing to pay in fuU any monthly payment required by this Security Inscrument <br /> prior to or on the due date of the next moatLly paymen�,or <br /> (U) Bonower defaults by fail�ng,for a pedod of tiilrty days,to perform any other obligations contained <br /> ia this SecurIry Instrumen� <br /> (b) �ab Witboat C�[�edit ApprawtL Lender shaU,!f permitted by applicable law(�including s�tion 341(d)of <br /> -- the C3arn-SL Ctermatu Depository Inatitutions A,ct of 1982.12 U.S.C.1701j-3(d))and wlth the prior approval <br /> _ of ttte Secretary,require immediate payment in fiill of all sums secured by this Securiry Instrument if <br /> - (i) All or part of the Property,or a beneScia]iaterest in a trost owning all or part of the Properiy,is sold <br /> or otherwise uansferred(other than by d�wLse or descent),aad <br /> "�� (ii) The Properry�S not occupied by the purchaser or grantee as his or her princtpal residence,or the <br /> - ____ purchaser or grantee does so occupy the Property. but t►is or her creditt has not been approved in <br />