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� � � _____....�_.----- .._ . ._..- -- -�- � -� �-� - -� ----- - -- ~ ra 5�w _. . . . �.�� 'T;;_;_��;_ ... - {� "r y.viv.�- � „ k• y.- • l. � - . •� . �;_ ..�.__ .�:r .:,: ti•�= _ .,`��,�r.n .�. �-� RE�REC;o�n�n 9?—:liQ'�'',tf3 97— 1(�9994 � ��v-�-- � . Borrowcr shell nlso bc in default if Banowcr,during thc loan applicatlon proccss,gavc rnatcdully falsc or inac:curatc �`�`� .,:�;- informadon or statcmcnu w Lendcr(or failcd w pcovidc l.cndcr with nny matcrial informadon)in connection wlth the I+�;�- � loan cvidenced by the Not�, includi►►g. but not limitcci w, representadons conccming Borrawcr's occupancy of thc '�•+:y�°� � Property as a principul residcncc. If this Sccurity lnsuumcnt is on a Icaschold, Borrowcr shall comply with thc _�„� -- provtsions of thc leasc.If Banowcr acquires fcc tiUc to the Propeny,thc lcaschold and fec adc shall not 6e mcrged rQ unless L�:nder s�grccs to 1he mcrger in writing. ;;�a'" 6.Condemn�tion.Tho procecds of'any award or claim for damagcs,direct or consequential,in connecdon with :r�.• any condemnation ar other taking of any part of the Property,or for conveyanec in place of condemnadon.are hereby .•1_- assigned and shatl bc paid to I.cndcr to thc cxtent of thc full amount of thc indcbtedness ihat rcmains unpaid under thc . Note and this Security Insvument.Lender shall epply such�rc�cccds ta the rcducuon of the indebtsdness under the Note :rt!� ____ " and this Security Insirumcnt,Cust to nny dclinqucnt amounts applied in the order provided in paragraph 3, and then to �"` :� prepayment of principal.Any application of thc procceds to the principal shall not cxtcnd or postpone the due datc of thc � monthly paymenfs,which are refened to in paregraph 2,or change the amount of such payments. My excess praceeds — �, over an amount rcquired to pay all ovtstanding indebtedncss undcr thc Note and this Security Instrument shall be paid to - � the endry legally endtled thereto. L: �.' 7. Charges to Berrower and Protectbn of Lender's Rights in t6e Property. Boaower shall pay all � . govemmental or municIpal chargcs.fines end imposiaons that are not includcd in paragraph 2.Borrower shall pay thcsc � obligations on time direcdy to the en6ty which is owed thc paymenG If failurc to pay would adversely affect Lendcr's F= �� Interest in the Propecty, upon Lender's request Barrower shall prompdy furnish to Lender receigts evidencing Ihese ! payments. = �: If Borrower falls to make these payments oi• the payments requlred by paragraph 2,or fails to pedorm any other �_ � covenants end agreements contained in this Securiry Instrument, or there ls a legal proceeding that may significantly F=- affect Lender's rights in the Property (such aa a proceeding in bankruptcy. for condemnarion or to enforce laws or E�=-. regulaUOns),�hen Lender may do and pay whatcvcr is ncccssary to protect the valuc of thc ProPerty and Lender's rights in tho Property,including payment of taxes,hazard insurance and other ltems mentioned in paragraph 2. ��" Any amounts disbursed by L.cnder under this paragraph shall bccome en addidonal debt of Bonower and be ,: secured by this Securiry Inswment.Thesc amounts shall bear interest ftom thc dace of disburscment,at the Note rate, -° . and at the opdon of Lender,shall be immcdiately due and payable. -. Borrower snall prompdy discharge any lien which has priority over th{s Sccurity Instrument unless Bonower: (a) _ agrees in writing w the payment of thc obGgadon secured by the llen in a manner acceptable to L,ender;(b)contests in — . . good faith the lien by,or defends against enfoccement of the lien in,Iegal praceedi►►gs which in the Lender's opinion -° operate to prevent the enforcement of the lien;or (c)secures from the holder of the lien nn agreement sadsfacwry W �• �- Lender subordinatizg s.he Ler.w this�.^�:ui;� Instrumen�If Lender detcrmines that any part of the Property is subject to �< — a Ilen which may aualn pdority over this Secwiry Instrument,Lcnder may give Bonower a notice identifying the lien, �`'�- Borrower shall sapsfy the lien or take one or more of the actions set forth above within 10 days of the giving of nopce. �_� 8.Fees.Lender may coAect fees and charges authorizeci by the Secretary. �'�= 9.Grounds for Acceleretfon of De6t. (s�)Defpult. Lender may. except as limitcd by reguletions issued by the Sccrctary, in the case of payment `; A defaults,requ¢e immedinte paymcnt in full of all sums securcd by this Security Instrument if: �.�-- � (i) Borrower defaults by failing to pay in full any monthly payment required by this Security Instrument —_-� prior to or on thc due datc of die next�nonthly payment,or . � (ii)Borrower default� by failing: for a period of thiriy days, to perform ar►y othcr obligadons contained in ��'�_�-_�_ � this Sccurity Instrument. `:Y�.r-L (b)Sale Without Credit Approval.Lender shall, if permittetl by applicabfc law(including Secdon 341(d)of '••�'�^•r;,. thc Garn•SG Gcrmain Dcpository Instiwuons Act of 1982,12 U.S.C. 1701 j-3(d))and with the prior appmval of `,��'='_-''- the 5ecretary,require immediate payrnent in full of all sums secured by this Secwity Instrument if: � . . =;- I ��4R(NE)�sea�.oi � r.�e a oi s ; •in��iy�::_ � _ I + . i : • r -..:-_--._. 1 � I , � �_ _ ._ _