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<br /> ' ' aDandoaed Praperty. Bo�ower shall also be ia defeult if Borrot�er. dusi�g thr: Ioza application pracess. gave �i
<br /> � matrrially false or inaccuiate bnf'urmauan or statements to Lender (or failed to prav:�� Leader wi�h any material -
<br /> � infonnarian? in cnnuettiaa with the loan evidenced by the Note, inclading, bnt nflt timited to, representations �
<br /> ' coacemiag BQrrower's osxupancy of the E'rapercy as a prin�tipal cesideAte. If this �riry In�t�vmQnt is on a �
<br /> ' leasehold, Eotrower shall coffiply with the ProVisions of the lease. If Sorrower acquires fee atle to the Pca�erty.the �
<br /> — leasehold and fez ade�hall not be mer�ed unless Lxuder�,vreees t�the mwger in�sfriting. �
<br /> -���'`�- 6.Coad�m�attan.'The pmceeds of aay award or claim for damages,direct or consequentiai.in co�ctis�n e�ith
<br /> `� �� any con�emnation or other takiag of any pan of the Progerty. or for conve7ran�ce in pl�ce of condemnation, are �.
<br /> � " hereby assigned aad shall be gaid to Ixader to the extent of the futl arnou�:of the indebtedaess chat rea�'�:ns unPaid �r:
<br /> � uader the Note and this Securiry Insanuaeat- I.ender sha11 aPP�Y such pms�Qs eo[he reduaion of the�debtedness s_
<br /> uader the Note and this Securiry Insuum�nt� fus� co any delinquent anv�unts appliai in ths arder provi�ed in �-
<br /> �; ' paragraph 3,and then w p�epayment of priasipal.My application of the pmsxe�to thY Ptiinsipal shaU aot extead or R_,
<br /> �. .• postpoae t�e due date of the montgily paymEnu,which ase refened to en prragraph 2,az ch3nge the amount of sucli -
<br /> � P�y�nts. pny excess preoe�s over an ainnimt required co pay all outst2ading indzbt�dn�s under the Noie and this _
<br /> � � � Security iastr�..�+t shall bc paid to the entity Ie$aUy eatitled theiem. __
<br /> 7. Charges ¢o Bormr✓sa� aad Pt+aiediom of I.euder's Ri�t, in the Proprrty. Bormwer shall pay a11 -
<br /> govemmental ar municipal charges,fin�aad iffipositioas that are not included in pardga�h 2. Borrower sball pay
<br /> . � � the�c�i,3gatioas on rims di�ctly to the enriry wlricb is owed[he payment. If failure to pay would a�veisely affect
<br /> � .:; � Leu6�r's interest in th� Pmptrty, upon l.ender's rsquest Borrower shall promptly furnish co Len�der receipts
<br /> evid��ing these payments.
<br /> . _ i:Boirower fa7s to make these payaienu or the paymenu requi�ed b5+�Sazag�aPh 2.or fa7s to gerform any other
<br /> .. ..�",:, coveaants and agreemeau contaiaed in this Security Insuument,or there is�tega!praoeed'mg that maY sigaifis�atly
<br />. affect Lender's rights in the Progeity(su:.h as a pro�din�in bankr�pt-�:he value o�en�Proper►y fai►d Lender's
<br /> regulations). thea LRnder may do aad pay whatever is n�ssary P
<br /> �. . . rights in the Praga�w.,i�Iuding Payffient of taxes,hazard insurance�rt+�Yr items mentionzd in paragraph 2.
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<br /> . ' Any amouffs�sbursed by I,ender uuder this paragraPh sha�h��r►aa additianal debt of Haarswer aad be
<br /> . � sesv�by this Secw'ity Instaament. 77►ese amaunts shall b�..�intemst��the date of disburseme�. at the Note
<br /> :�, � � �,,�at[he opuon af Lender,shall be immediateIy due arr�r�ayable.
<br /> . �:L�uwer�.'.1 promptly discharge any lien which ha��:or.ry a�er t'�is Securiry lnstrumen[unless Borrower.
<br /> �l�� ' • {a� a�in wrii�;to the paymeat of ehe s�L*:�gatioa sec�e�by tG.e tic�-,.in a manner accePtab2s n� Le�dtr: (b)
<br /> '' • ceniasts in gaQ;.:a'?' the lien by, or def�si�:,gainst enforcement ef�±ue .ien in, legal proce�iu�a which �n 1he
<br /> �•,4: _.� .. :...,..- ' L��:r�'s opinia� :�ae�als to �:�vent th: enforc2ment of the lien; or ;:; secures frem the hold�ai the lien an
<br /> �. -,. ,� ,,�� � ���nt satisfa�ory to Ix�rr.,,s�sabordinating the liea m this Security Instrumen�If I�a'_�r deiermin�that any part
<br /> ;.�,;;:,,._;:'?:'� s aub'ect ta a lien whicb may sttain Fain?iry over •`Ts Security 1�-�aeat, I.ender may give
<br /> of r� Praperty ' �
<br /> ' � ' Borro�rer a aotice;r�s:nufying the 1ien. Barmwer shall satis�y the lies cr r.�ce one or rnare of the a»:.ons set fortti
<br /> ;��.�", �.
<br /> . above withia 10 d�;zs of the giving of norice.
<br /> � .., . � 8.Eecs.LRnder may collect fees and charges authorized by the S�'..:..�}r.
<br /> ._-. j...`• �,�. 9.Grounds for Acceleration of Deb�.
<br /> �-'=�' ���� (a)IIkfa�l� Lender maY.eacept as limited by regulaaons issued by the Secretary. in the c�e of paymneaat
<br /> -���:+�:.
<br /> �y�..'-� defaulu.r�zquire immediate PaYment in fnll of aSl soms secured Ey, r�is Securiry Insuument if:
<br /> �°'_� (i)Borrower defaults by failing to pay in full any manthly gr��nent required by this Securiry ItLSi�ument
<br /> -=- :��. prior to or on the dae date of the next monttily pa3rmeat,or
<br /> -_'`�-�::;.�' �1��g�y�¢�degw�•,-s by failing,for a periad r,f thirty days,to perfoim any other obligations contain�d
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<br /> in this Securiry L�m�ent
<br /> _�±"4' (b)Sa[e Wi4hout Credit Approvel.Leadar shall.�f permitted by applicabI�l:,,w(including Sectioa 341(d)
<br /> -s��"=�'V;�� 08 the C�,a-St. Germain Depository Insdtations Act of 1982. 12 U.S.C. 1701j-3td))aarl.�:th the prior
<br /> -=:• �� aPProval of the Secretary,recluire immediate paymeat in full of all sums secured by this Seauity Iastniment
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