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. y g4§r5g5.m » S.r.4ai, d Fiia,.rg and tbban Oslopntwtt err or Most t!<sotseJt. lrterY111M11a heuaed IN the store" are tatww under proPaint vvfnich a adiiata pryhrtt d the enlfrie nforlpige " tt r+oe prwsietn, M title ttaouriy freln� its ar was inaiaard under a programs which did not require **wm PMnant of the enlns eirorl a trneurenos preariearrr then anon+, rtnorrthty s sine also hid uds sltha: m an instalment of the annual mortgage herurarim pvmdm .to -be paid by Lender to ft SeorvtW.•or p) a monthly charge Instead at a mortgage insurance premium it this sutrlty InepnerAd is held by the Sea'aMMV. Each nNxsMf hetdhwit d the nnoopge ineimamee prwriurn shit be In an amount suilderR to aodiawrtet lie !at`arwwut anatyags itstsanos Pear+tn+nw with lender one month prior to the dots the tint annual mortgage - . prwaparni is dtw tare Inns 9saeigy: `or _a a+is Seaaty �taaerd is held by the Secretary. asoh monthlyy s -Malt be it ;an amroun - r _ -: ., -sj _ _ - _ • . - _z - : -. _ equal to onf di t`of onfhd psoant of the avbaiarndrg akw*d brier" due on the Note. ' a ftarnewer t�ndses 1D Lwwlfer •ter ii peyntwnt of al sums secured by this Ssaurily instrument+ Bonoreees account shell beniasdlfe6 wO fhe behim.rwrnaiis fir ore retalratertia for teens (a). (0) and W and OW hw"PP frwaafaa premium, hemiment do Lain kt. . ' his rat becoaw df pb* tb pay b Via. Seaetay. arnd Lernd� shat pranpey retard arty eteoeas lisfds to Borrower. ImnnadMaly prior !ra ' a forseioerWe sets of *a tPlapatty or NO acqulfetion by Lender. Bonaww's MONK *A be aedtad with any.belence remfe' 16 for BE inM*Wfte for dente 0). ioi. _ AppftsMm of PftVM&M M paymerlb under Wagrapha t and 2 shelf be applied by Lander ere f0Y0Ylte: ' Fifat b the rnA VON Ineteerfoe P�rsrrninro to t» grid by Lender to the Secretary a to that mforfthly charge by the seamy itehad d the, rnsrnMfy martege kwLisinoe pre�r hm unless Bonower paid the entire mortgage 1'nsuraics prwrfkrm wthen this Sea+tY ' Netn PWA +lives swede 8e00nd. b any here. spahe assieamems, leasehold payments err ground rands. and ftre.• bad and *Ww hazard insurer" ` preraM ore. as raq*a* TWd. w hMNt rive under tie Hole; Fotarlti, to arnorlftwort of tans p *40 of the Nor. Fink.• to IaN dwgn due under the hide. ` C Fire, Flood mnd-OMW Huard Inattratt e. Borrower shat insure r imrpravemants on the tarcPsrty, whether now h erdeueoa or subeequentfy enacted. against any hazards. casualties, and contingmcip. indu" fine. for which Lender rsgutnss insurance. Tbis Insurance shat be maintained in the amounts and for the portions that Lander requires. Borrower she also Insure all improvwmsnb on the Property. vihather now in exktence or subsec�uenty erected. , Plod toss by floods to the anent required by the Swell ry. M insurance shag be canted wNh eonV@nIes approved by Lander. The Insurance pofcNs and may renewals AM be held by Lander and she include ides p"M douses in favor d and In a form acceptable to. Lender. In the event of loss. Borrower she glare Lander InrnedWe notice by mA. Lender may naive prod of toss it not made Prcn;ely by Borrower. Each Insurance company concerned Is hereby authorized and directed to make payment for such loss directly to Lender, hshad 0110 Borrower and to Lander jointly. AN or any part of the inswanoe proceeds may be applied by Lender. at Its option, either (a) to the reduction d the indebtedness under the Note and this Security Instrument, final to any delinquent amounts applied h the Odder h Paragraph S. and than to prepayment of prtnctpei, or (b) to the restoration or raper of the damaged property. My application o the ` proceeds to the principal she rat extend or postpone the due date of the monthly payments which are referred to in Paragraph 2. or -hags fine amount d such payinwds. Any wtcsas insurance proceeds over an amount required to pry at outstanding Indebtedness under the Noe and this security instrument she be paid to the entity legally entitled thereto. M the event of foreclosure d this Seemly instrument or other transfer of We to the Property that eedingutshes the Indebtedness, ail e0m. we end Interest of Borrower in and to insurance policies In tome siulf pass to the purchaser. 5. Preservation and Maintenance of the Property, Leaseholds. Borrower shelf not comrhnit waste a destroy. damage or subst ntWy dmip the Property, or allow the Property to deteriorate, reasonable wear and taw excepted. Lender may Inspect the property N the property is vacat or abandoned or Lhe ban Is in default. Lender may take reasonable action to protect and • piwerw such vacant Or WwKbiild property. if this Security tsftnmt is on a lasehold. Borrower shelf comply with the praAmons d the lesser N Borrower acqutna tee We to the Property. the leasehold and fee We shat not be merged unless Lender agrees to the merger In writing. - ¢. Charges to Borrower and Protedlon of Lander's Rights in the Property. Borrower shat pay All governmental or nw klpd charges. final and impositions that are not included in Paragraph 2. Borrower shall pay these ot)Ugadons on fine drrlclly to the entlly which is owed the payment if failure to pay would adversely affect Lender's Interest in the Property. upon Lendds request Borrower shat prompty furnish to Lender receipts evidencing these Payments. if Borrower faW to make these payments or the payments required by Paragraph 2, or fails td perform any other covenants and • sgmnwfte contained in this Security Instnunenl, or there is a legal proceeding that may sipnilktnty affect lenders rights In the properly (such as a promeldiag in banknrptdy. for condwn&ti)n or to enforce laws or regulations).. then `Lender may do and pay whatever is necessary to protect the value of the Property and Lenders rights in the Property, including payment of taxes, hazard heurance and other earns meMbnad in Paragraph 2. My amounts debursed by Larder under this Paragraph shall become an sddijmw debt of Borrower and be secured by this Sea,* Insb~. These amounts she bow Interest from the date of disbursement at the Note rate, and at the option of Lander, shall be Manna Wy due and .payable. 7. Condemnation. The proceeds of any award or claim for darnages, direct or consequential. in connection with any Condemnation or other faking of any pan of the Property. or far conveyance In place of condemnation, are hereby assigned and shah - be paid to.Lender to the extent of the full amount of the Indebtedness that remains unpaid under the Note and this Security Instrument. -- Lander shag apply such, proWi ds to the Mductl^.n 80 the 1-n ebtedness und-ner the MMe anti this SmudlY hAtnlment- 6511 to any ` delinquent smourds applied in the order provided in Paragraph 3, and then to prepayment of principal. Any application of the proceeds ; to the p bc%W she not adend or postpone the due date of the monthly payMWts, which are referred to In Paragraph 2, or change the aRrount of such payit -was. Any excuse proc d- o..:, an ..rr.^unl rte; ri ed tO pay all autstandmg indcfitem"n under file ttiotb &W -T =— this Security instrument shall be paid to the entity legally entitled thereto. �I LS..Fses. Lender may collect fees and charges authorized by the Secretary. 9. Grounds for Accrterstion of Debt, rti raj Default. Lender may, except as limited by regulations issued by the Secretary in the case of payment defaults, require fri;xne Wo payment in tuft at ant sums 'aewied by this Security instrument N- l'tt (f)VA, W