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<br /> evidenced by the Note,including,but not limited to,representetions concerning I3�rrower's occupAncy�f tha
<br /> Property as a principal residence,lf this Security Instrument is on a leasehold,I3orrower shall comply with the
<br /> provisions ol the lease. If 13orrowet�cquires fee title to the Property, the leasehold and fee title shall not be
<br /> merged unless L.Ender egrees to the merger in writing, _
<br /> 6. Condemn�tion. TI�C proczeds of any ati�ard or claim for damages, direct or c�nsequential, in
<br /> conncetion with any condemnation or other taking of any part ot the Property,or for conveyance in place of
<br /> cnndemr►ation, arc hereby assigned arid shall be paid ta Lender to the extent,of the full amount of the
<br /> indebteciness that remains unpeid under the Note and this Security Instrument. I,ender shall apply such
<br /> prdceeds to the reduction of the indebtednr.ss under the Nute and this Security Instrument, first to uny
<br /> delinquent emaunts aprlied in the order provided in paragraph 3, and then to prepayment of principal. Any
<br /> application of the proceed9 to the principal shall not extend or postpone the due date of the monthly
<br /> payments,which ere referred to in peragraph 2,or change the amount of such payments. Any exccss proceeds
<br /> over en arno�int required to pay ell autstanding indebtednes.g under the Note and thic Security Instrument shell
<br /> be psid to the entity legally entitledthereto.
<br /> 7. Ch�rges to 8orrower�nd Protection of Lender's Rights in the Property. I3orrower shall pay all
<br /> governmental or municipal cherges, fine.s and impositions that are not included in pacagraph 2. Borrower
<br /> shall pay these obligations on timedi rectly to the entity which is o�ved tha paymtnt. If failure to pay would
<br />- adver.sety affect L.ender's interest in the Pmperty, upon Lender's request norrower shall promptly furnish to
<br /> I,ender receiptsevidencingthesepayments. ara rn h 2,or fails to perform
<br /> If Borr�wer fails to make these paYrtents or the paymente required by p g P
<br /> - any nther wvenants and agreements contained in this Security In�trument,or there is u legal proceeding that
<br /> may significantly af{ect Lender's rights in the Property(such as a Whatever e necaessarytto protect he elue of
<br />= or to enforce lews or regulations),then L.ender may da and pay
<br /> the Property and I.ender's rights i nthe Property,including payment of taxes,hazard insurance and�ther items
<br />' mentioned in paragraph 2.
<br /> = Any amounts diabursed by Lender under this paragraph shall become en additional debt ot t3orrower and
<br /> be secured by this Security Instrument,These amounts shall bear interest from the date of disbursement,at
<br />" the NotP rete.and at the optionof I.ender,shall be immediately due and payable.
<br /> Dorrower shall promptly discharge any lien which has priority over this Security Instrument unl�ss
<br /> Borrower:(R)agrees in writingto�hc paymcnt o:t�c abl:S�=:°•"•CP`-�'-'s''�hy the lien in s manner acceptahle to
<br /> Lender; (b)contests in good feith the lien by,or defends againat enforcement ot the lien in, legal proceedings
<br /> which in the Lender's opinion operatc to prevent the enforcement of the lien;or(c)secures from the holder af
<br /> - the lien an agreemait satisfactory to Lender subordinating the lien to this Security Iristrument. If Lender
<br />° datermines that any part of the Praperty is subject to a lien which may attain priority over this Security
<br /> Instrument, I.ender may give Sortower a notice identifying the lien.Borrower ehall satisfy tha lien or txke one
<br /> or more ot the actions set forth above within 10 days of the giving of notice.
<br /> - 8. Pees.I.ender may collect tees end charges authorized by the Secretary.
<br /> 9. Grounds for Accaler�tian of Debt.
<br /> " (�) Default. Lender�nay, except as limited by regulationE issued by tho Se�:retary, in the case of
<br /> �ayment de[aults,requireimmed�ate payment in full of all sums secured by this Sec►►rity Instrument
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<br /> (i) Borrower defaultsby feiling to pay in full any monthly payment required by tt►is Securtty
<br /> :,� Instrument prio,r tooron the due date of the next monthly payment,or
<br /> ,� (ii) Borrower defeulu by failing, for a period of tt�irty days, to perform any other obligations
<br /> � rontainr.d in this Sxurity Instrument.
<br /> s (b) S�le Without Gre�it Approval. Lender shall,iI permitted by applicable law (including Section
<br /> �, 341(d) of the Garn- St. Germei�Depository Institutions Act of 1982, 12 U.S.C. 1701j'3(d))and with
<br /> ;� the prior approval ot the Secretary, require immuliate payment in full of all sums secured by this
<br /> - Security Instrument it:
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