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<br /> ° abundorted Property. Boao�ver shnll nlso be ia defr,ult if Borcovrer, dur�pg the loan applic�tion process, guve C;,;;;_:
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<br /> � mntert�lly fulee or inuccutate information or stntements co Lender (or failed to provide I.snder with uny macerlal _
<br /> ; informntion) ia c�nc�ection v�ith ch� loan cvidenced b A���I°al��id nce.�If Uthia Scxuritty I stTUra°•�nt isaon a �e.
<br /> �:� conceraing Boaower's accupnncy of tha PropertY P P =--
<br /> /,. ��. leasehold.Rorrower ahull comply with the provlstoas of the lease.If Borrower Hcquires fee tid�s to the Property.the _
<br /> .„:�°�'� leasekald and fee Ude ahall not be merged unlesa Len�2r agreea to the merger in wdting. -
<br /> ;: ��������''� 6.Condemnutlon.The prax�ls af any award or cluim for dnmoges.dlrect or consequentini.in connection with _ _
<br /> � nny condemnutton or other tukiafl of ei►Y P�rt °f th¢Pr°Pert�'�°r for coavey�tce in place of condemnatioa. are =-
<br /> ; ' hereby usslgned and sh�ll be paid to I.cnder to the e4teat of the f�ll amanat of the indebudness that remains un�pnid _
<br /> �� �� � under the Note aad tt►is SecuritS► lnstrumEnt. Lende�shail apply such proceeds to the reduction of the iadebtedness
<br /> , Y� under the Note and this S�uiry Iascnunent. Rtst ta any delinquont amounta appltt� in the oMer provided W �
<br /> . ; • paragmpb 3,nnd tken to prepayment of princips�l.Any appltcatiaa of the proceeds to the priueipat shall aot extend or
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<br /> . " r postpone the due date of the montbly payments,whirb•are refe�l to ia pazagrnph 2.or cliange the amount of suab
<br /> _ 1,�,:_ paya�nts. Any excess proc�s over an umount rcqufrad to pay all outstanding iadebu�uess under the Note und this
<br /> � Securiry Insaument sh�ll De paid to the endty legally endYled thereto. gu�wer s�all a all
<br /> .: °_ 7. Cbarges to Borrower arr�l Protectiofl oR I.eader'e� Rights tu the Prag�tY. P Y �
<br /> . . :�.".- govetnmenta!or municipal cha�gES. fines and imFusitiaas that are aot iacluded in paragraPh 2. Bomower ahall pay
<br /> Wese obligutions on t�aae direcdy to the endry whis��is owed the payment. If feilure to pay would adve�ly affect
<br />--�t-,": '� Le�tder's interest in the Pcaperty. upon Lender's mquest Borrower shaU p:omptly fi�mtsh to L�endPr rzceipts --
<br /> :��,;.,,,K. evldeasiag these paymeats.
<br /> -_� If Borrower fails to mAke Wesa payrnents or ttie payments t+etfuired by paragrapb 2.or fails to perforu►any qther
<br /> ��v`�::'�s `� � coveac�,ta end agreements contained in this Securiry Insuument,or there is a legal pmceeding that may sfgnlficanUy
<br /> ;''`}��3; affe�:t L�ender's cights in the RvPenY(euch as A praecedl°B�b�p�• for condemnadoa or to euforce lawa or
<br />-y?;:-�-ti regWattons). then Lertder moy do and poy whateveu is neoessary to�mtect ttee vel�e of the Propeny and Yxnder's
<br /> ..,""`:� haxard iasurance and other items�uentio��in paraBraPh 2.
<br />===:Nr,�;.� rights iu the Property.including payatent of ta�ces.
<br />- - My amounts disb�used by I.ender under thls paragtaPh sh�ll become an uddidonal�abt of Borrower aad be
<br />��.:.�.�i� secuced bY Wis Seeuriry insnvmenc. Tficsc aQU►'�u-�ts siiati 2�:atar�s fram itfP du;e of dlabu�se�nt.at the Note
<br />.�.�:�;:.;r; rnte�and at the opt�om of Lender.shW16a immcdisxPSy due and payable. _
<br />:'.`?'`_Y�<y� � Borcower shul!grRarapdy dlscbtuge any liea�s�`dch has prlo�ry over t�is Securlty Instntment unless Barrower: �._.
<br />- ._.,.<� �a) ag�ees in writing ea�ihe payment of the oblig�tion secun�t by the lien im a manner soaepu�ble t W�elrA. �e
<br /> oonusts !n good faith Wa liea by� or defeuds ag,a,►iaat enforoemzmt of tue lian in. legal pro�ediaga
<br /> � `R �w Lender•s opinion operate to prevent the eafaraem�snt of We H3�; or (c) secures fmm the holder of the lt�p�un�
<br /> =�'"� x�rcem�nt sattsfnctory to L.cnder subordLiating the lien to t63s Se�riry�n.g�nt.Zf Leader detemoines that any�pu�e
<br /> -- _-- of the Property is subj�t to a lien ahfch m� �tain pr�oriry over this Secudty Insuument. Lend�r may gtve
<br /> __,�,��� g��a,�8�doe{dentifytng tho lien. Homow+eY�hall satist�►tlse liea or take one or mon of the actIons set forth
<br /> -__ ___= IIbovo withitt ld days ot the givinII of notice.
<br /> -=_=-- 8.Tecs.Leader may oolloct fee.s aad charges o�vtherized by the Secretary.
<br /> -=--- 9.Gmuads[or Acodendion o!D�t.
<br />:::�;� ta)DetaulG Leader mqy�except os limia�d by cegul�tions issued by tRe Sa�retary. in tbttr case of payment _
<br /> `_��—-�° defaults.r�x,twi�re iwuediuta paymaat in fidl of all sums secured by this Secudty Iasuument if:
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<br /> - .-==- (i)Boracn���er defnulu�by failing to pay in 4W1 any monthly payment requIred by ttda ry uument
<br /> ----= prior to or on tho dno date of th�next momWy F�D�ent.or �
<br /> --_------ (ii)Bnrn+o�ver dofaults by fidling,for a period og e�rty Mys.to Parform any o1��r obligattons 9ontuit:a� :• .
<br /> - °— in tWa 5�curitS►insutuuent.
<br /> � (b)3ale Without Cr�edIt Approv$1•1.s�Ser shtill.if Permitted bY 8�'licable iaw(vacluding SEaohw 3A1(d)
<br /> _� of the(iam-St. C3ermaSn D�poSjtoll' Ia�itutlong Act of 1982. 12 �1.S.C. 1901j-3id))end wi�h the prior
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