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<br /> <''" � abandoned Pmperry. Borrawer s1�aII also be in def�it if Borrowea, duriag the luan appllcation pmcess, gave � • .
<br /> _- �-��� _ . �—
<br /> - .-- . , . mater�aliy fatse or�mfon�tion or statements to Lender (or fa�ed ta provide i�ader witln aay mate3iat
<br /> `� `"' . :< iaforimation) ia �aron wltb the toan evide�ced by We Note, including, but aot limited to, zeprzseardtions
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<br /> x... � oon,ceming Boao�ver's oxupancy of the Property as a p�cipal residence. If this Security Inso�ument is on a °
<br /> ��.w� � � Jeasehnld.Baaacver sbaIl oomply wiih the pmvisions of the lease.If Boaower acqaires fee titte to the Pcogerty,the . -
<br /> y^�' leasehold aad fee utle sHatt nat be merge��mless Iandet ag,t�s W the merger ia writiag. : '•. =--
<br /> 6.Cand�maatton.The pmc�eds af anyr award or cdaim for damages.di�ect or consec�xential,in conaectioa with _=_
<br /> �..` aa�conde�mation or ot�sr taking of aaq part of the Pmpaty._or for conveyance in pla�of�an. are -"__
<br /> ,�`� hereby assigned aad shall hs paid w L.ender w the extent af the�all ama�t of the iIIdebtedness tbai remams uapaid _
<br /> . . under the Note and this S�r InsaRmen�Ixader shall apply sacd�pmeeeds to the redaaion of the iadebtedaess -
<br /> ',�� . - � �mder the Note and this 5eattit}► Insaiime�t. fust to aay de�iaqaent amo�rs applied ia the arder pm�ided in =_,
<br /> , , ' ,� Paragraph 3.aad then to Pn.RaY�pf P�•�Y aPP�c�tioa o€the pm�tis to the principal sl�sstl�t eiuead or `� . -
<br /> `, ` � : -:�,.s° `: Fosq►c�t�e dne date o+f the ma�hty�aymeats,which are iefeired w ia pa�agcaph 2,or chaz�ge thc amu�t of such f'_:"---
<br /> �,� -,:°,.,. .; paym�.t�, ptry exc�5 pnoceeds over an amount requ�red to pay ait ou�tamdiag sndebtedness nnder the Note aad this `;�••`--
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<br />�,� t _ , 5��eut s'f�I3 bz paid w t�e enuty tega�g eniitied tiiereta. � ���z��f:-
<br /> , ' : ' -�. ?.�C�aigeq ta� �avw� �d � a� L�der's It�gMs tn t� Propee2y. Borrower shall pay atL -
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<br />`�� _ _ ` `,`-,�?•�: � gaver�l or mumc"spat cbargas,�mes and�positions that ar�e nflt iacluded in parag��2. Bomuwer sbali pay: F�,, �=-
<br /> :;= ,`�. these obltgations on t�te d'arecxty ta rhe ea�rity which is owe0.the pa,ymen�If fa�lnre to pay would adverseIy affect • ---
<br /> �,.. ,° : _..
<br /> " � - Lender's intece.st in the Propert9, upon Lender's request Borrower shall pmmptly fnmish to Ixnder receipts f' —.
<br /> • ; .. �� evldencia�tt�ese paympus. � ' , � _---
<br />`t'" .. If Bortower fa�s w make these payments or the Payments reqn�r+ed bY F�Ph 2,or fa�s W perform aay ott�er =
<br /> �i.: � � �:: .,.•' `:; coveaanis aad agreementa wniaiasd ia this Security Insaume�t,or there is a legal pmceediag thai may signi8caatiy .._-
<br /> � : ,: . affect Lender's rlghts in the Pmperty{sucii as a pmceeding in bankn�ptcy,for wndemnation or to cnfonce laws or . _ . _.
<br /> �, ; regalations).then I.ender may do'and pay whatever is ne�sa�yr to proUect th�value of the Pmperty and Lender's _
<br /> �� ' � r�ghts in the Froperty.Includia8 Paym$nt of taxes.ha7at+d iasutance and oiher items men�oned ia paragrapb 2.
<br /> :; : .. .,•��.�° �; Any a�wuats disbu�ed by Lender uader thia patagraph shall becume sa addiHonal debt of Borrower and be _ :� -�-
<br /> �_ . < se�ured by this Securiry Insuument. Thae amouats shall bear iateiest from the date of diabursement� at she Note �'_�
<br />� . . . : rate,aad at the aptton of Lender,ehall be immed�ately due aud paya62e. �
<br />�.. � ; Bor�ower sball P�P�Y discLarge any lien wLich has prIority oves�this Seattity Insm�ment unless Boaower: _-_
<br /> ` . _f (a)agrees ia wrttin�co tiie payment of tIIs obligaiion s�aued bq the lfen Ls a m�ner acceptab�e to L,eader: N) � __
<br /> �,� ' •:• � coatesta in good faith the liefl by.or def�nds against enforcement of the Ifen in, legal pmceedings whic�in the -_
<br /> • • ' I.ender's apinion age�ate to pievent the enforoement of the 1ien; or (c)se+cures from the holder of the lieu an --
<br /> ��' . . '� agreement sadsgactory to Lender subordiaating the lien to this Security Instcument.If Lender determines that aay part -
<br /> �;f�' , S of the Property is snbject w a liea wLich may attain priority over this SecorIty Iaswmeni, Lender maY give ` �;.=='.
<br />`�:.�:� ' . Borrower a notice identlfynng the tIen. Bomuwer sball satisfy the lien or take one or more of the acdons set fiorth � �' ��'�`--._
<br /> T�. � . .
<br /> W� �� . . . � above witWa 10 days of the giving of nctIoe.
<br /> � �� ' . ' �.Fee9.Leuder may collect fees aad cfiarges authoriud by the Seccetary. ---
<br /> �� �..�� . � 9.Groundv for Accel�atioa of�?ebt. . . -
<br /> • � . � �: ' (o)D c Ba a T� L e n der may,except as l i m i t e d b y re g u l a t ions i s s a e d b y t h e S e c r e t a ry. i n t h e c a s e a f p a Y t n e n t • _-_
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<br />-� :; . .� .. equire immediate payment ia full of all sams seciued by this Securiry Inswment if: _ -
<br /> 1' `�,:. .�• (i).Boaower defauIts by failing to pay in fuU mry montHlY PaYment requireAby t1�is Securiry Instrument � .
<br />'� •.� � � prIor W or oa the due date of the next monthlY P��,�
<br /> .;:� : �� � � , (iij Boaower defanits by failing,for a perIod of thirty days,to perform auy other obligatiqns oontained ' •
<br /> r:=:. � . in thls Secutity lnstrument.
<br />:�''��; , � (b)Ssle Wtthout Credit Appmval.Lend:r shall.if permiued try appficab2e law(including Section 341(d) .
<br />�'::'�. ° of the Oam-St. Qermain BeposItory Insfltutions Act of 1982, 12 U.S.C. 1701j-3(d)) and cvith the prIor . . °-°
<br /> _�.: . , apProval of the 3asretary,require immeAiate payment in fiill of all sums secured by tbis 5ecurlry Insuvment . ...
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